Company Registration No. 11074122 (England and Wales)
ACE RENT A VAN CROYDON LTD
Unaudited accounts
for the year ended 30 November 2021
ACE RENT A VAN CROYDON LTD
Unaudited accounts
Contents
ACE RENT A VAN CROYDON LTD
Company Information
for the year ended 30 November 2021
Directors
PAUL VERRICO
LOUIS VERRICO
KIERON TARBIE
Company Number
11074122 (England and Wales)
Registered Office
11 EPSOM ROAD
CROYDON
CR0 4NB
ENGLAND
ACE RENT A VAN CROYDON LTD
Statement of financial position
as at
30 November 2021
Tangible assets
440,235
164,526
Cash at bank and in hand
189,140
126,780
Creditors: amounts falling due within one year
(127,082)
(98,830)
Net current assets
64,613
33,615
Total assets less current liabilities
504,848
198,141
Creditors: amounts falling due after more than one year
(183,000)
(91,267)
Net assets
321,848
106,874
Called up share capital
100
100
Profit and loss account
321,748
106,774
Shareholders' funds
321,848
106,874
For the year ending 30 November 2021 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 March 2022 and were signed on its behalf by
KIERON TARBIE
Director
Company Registration No. 11074122
ACE RENT A VAN CROYDON LTD
Notes to the Accounts
for the year ended 30 November 2021
ACE RENT A VAN CROYDON LTD is a private company, limited by shares, registered in England and Wales, registration number 11074122. The registered office is 11 EPSOM ROAD, CROYDON, CR0 4NB, ENGLAND.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 1 December 2020
262,829
At 30 November 2021
618,538
At 1 December 2020
98,303
Charge for the year
80,000
At 30 November 2021
178,303
At 30 November 2021
440,235
At 30 November 2020
164,526
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Debtors: amounts falling due within one year
2021
2020
Other debtors
2,555
5,665
ACE RENT A VAN CROYDON LTD
Notes to the Accounts
for the year ended 30 November 2021
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
8,900
-
Obligations under finance leases and hire purchase contracts
30,000
18,396
Trade creditors
1,250
9,373
Taxes and social security
38,248
14,623
Other creditors
48,684
56,438
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Creditors: amounts falling due after more than one year
2021
2020
Obligations under finance leases and hire purchase contracts
145,000
41,267
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Average number of employees
During the year the average number of employees was 0 (2020: 4).