Registered Number 07378990

ACE MOTORS (UK) LTD

Abbreviated Accounts

31 March 2014

ACE MOTORS (UK) LTD Registered Number 07378990

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Called up share capital not paid - -
Fixed assets
Tangible assets 2 4,270 4,745
4,270 4,745
Current assets
Stocks 293 350
Cash at bank and in hand 956 1,187
1,249 1,537
Creditors: amounts falling due within one year (4,629) (5,788)
Net current assets (liabilities) (3,380) (4,251)
Total assets less current liabilities 890 494
Total net assets (liabilities) 890 494
Capital and reserves
Called up share capital 100 100
Profit and loss account 790 394
Shareholders' funds 890 494
  • For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 27 January 2015

And signed on their behalf by:
Mr C Lopes, Director

ACE MOTORS (UK) LTD Registered Number 07378990

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
the accounts have been prepared under historical cost convention.

2Tangible fixed assets
£
Cost
At 1 April 2013 5,272
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 5,272
Depreciation
At 1 April 2013 527
Charge for the year 475
On disposals -
At 31 March 2014 1,002
Net book values
At 31 March 2014 4,270
At 31 March 2013 4,745