Business
Final results for the year ended 30 April 2025
Ace Liberty & Stone PLC announced its final results for the year ended April 30, 2025. The company agreed to a five-year £17.7 million facility with Coutts & Co. Revenue decreased by 1.4% to £5,505,203, primarily due to a disposal, while administrative expenses decreased by 5.8% to £1,282,247. The value of investment property decreased by 3.5% to £72,733,522. Basic and diluted losses per share were (2.39) pence. The company reported a loss before taxation of £1,772,672. Heads of Terms have been agreed with a £10 million CLN noteholder for the potential acquisition of certain subsidiaries and properties, with the loan extended to December 31, 2025. Cash and cash equivalents at the end of the period were £1,505,384. Disclaimer*
About this update from Ace Liberty & Stone Plc
[{"type":"text","content":"\n\nThe information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain. \n \n\n26 September 2025\nAce Liberty and Stone plc\n(''Ace'' or \"the Company'')\nFINAL RESULTS FOR THE YEAR ENDED 30 APRIL 2025\n \nFocused on delivering long-term value for shareholders\n \nAce Liberty and Stone Plc (AQSE: ALSP), the active property investment company capitalising on commercial property investment opportunities across the UK, is pleased to announce its results for the year ended 30 April 2025.\n\n \nFinancial Highlights:\n \n· Five-year £17.7 million facility agreed with Coutts & Co, sole bank lender to the group\n· Completed disposal of two properties, reducing Group borrowings\n· Administrative expenses reduced by 5.8% to £1,282,247 (FY 2024 £1,361,120)\n· Revenue decreased 1.4% to £5,505,203 primarily due to Melton Mowbray disposal (FY 2024 £5,585,526)\n· Value of investment property down 3.5% to £72,733,522 (FY 2024 £75,339,777) largely due to Dorchester disposal\n· Occupancy steady at 96%\n· 98% of income from Government and Major Industrial & Commercial tenants\n· Heads of Terms agreed with £10 million CLN noteholder for the potential acquisition of a combination of certain subsidiaries and properties. Loan extended to 31 December 2025 to facilitate due diligence.\n \nIsmail Ghandour, Chief Executive Officer, commented:\n \n\"Ace was established to build a portfolio of commercial properties generating secure rental income over the long-term. Whilst profits have been impacted by rising costs over the past number of years, the underlying strength of our assets in producing secure income remains. The Board remains committed to delivering returns to shareholders and re-establishing distributions once reserves ar...