Financial Reports

FINANCIAL REPORTS (LATEST 2 YEARS)

in 2018 & 2017, Financial Reports

2018 Directors Report and Group Financial Statements

The Year 2018 report that revenue for the year has increased to £3,515,088 from £2,632,219 in 2017. Although profit before tax has dropped from £1,122,317 in 2017 to £214,141 in the current year, the KPI report shows that the profit earned by the business before non-recurring income and overheads increased from £839,198 in 2017 to a current year value of £1,054,510…

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in 2018 & 2017, Financial Reports

2017 Directors Report and Group Financial Statements

I am pleased to report that Ace Liberty & Stone plc continues to make good progress and is active in the commercial property market. At 30 April 2017 the Group’s portfolio was valued at £38,979,308 compared to £29,488,428 a year earlier. During the year ended 30 April 2017, Ace purchased 1 – 5 Upper Market Square, Hanley for £9,000,000 and Grosvenor Casino, Manchester for £4,000,000. These properties are featured on the inside front cover of this report…

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