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REGISTERED NUMBER: 13410757 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Elite Interiors (UK) Contracting Ltd

Elite Interiors (UK) Contracting Ltd (Registered number: 13410757)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Balance Sheet 1

Notes to the Financial Statements 2


Elite Interiors (UK) Contracting Ltd (Registered number: 13410757)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £   
CURRENT ASSETS
Stocks 44,426 44,426
Debtors 4 36,153 62,000
Cash at bank 116,996 60,665
197,575 167,091
CREDITORS
Amounts falling due within one year 5 152,826 111,925
NET CURRENT ASSETS 44,749 55,166
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,749

55,166

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 44,449 54,866
44,749 55,166

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2023 and were signed on its behalf by:




Mr J R Carter - Director Mr L W Sherwood - Director




Mr M R Sherwood - Director


Elite Interiors (UK) Contracting Ltd (Registered number: 13410757)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Elite Interiors (UK) Contracting Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 13410757

Registered office: Number Sixty One
Alexandra Road
Lowestoft
Suffolk
NR32 1PL

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 15,211 42,000
Other debtors 20,942 20,000
36,153 62,000

Elite Interiors (UK) Contracting Ltd (Registered number: 13410757)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 18,610 -
Taxation and social security 10,194 30,424
Other creditors 124,022 81,501
152,826 111,925