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Company Registration No. 11878661 (England and Wales)
Elva Partners Limited Unaudited accounts for the year ended 31 March 2023
Elva Partners Limited Unaudited accounts Contents
Page
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Elva Partners Limited Company Information for the year ended 31 March 2023
Directors
Tarasyn Hanna Leo Hanna
Company Number
11878661 (England and Wales)
Registered Office
71-75 SHELTON STREET COVENT GARDEN LONDON WC2H 9JQ
Accountants
Lava Sky Accounting 15 Dauntsey Road Great Somerford Wiltshire SN15 5HT
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Elva Partners Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,590 
1,282 
Current assets
Debtors
31,831 
63,848 
Cash at bank and in hand
36,088 
90,608 
67,919 
154,456 
Creditors: amounts falling due within one year
(33,037)
(72,596)
Net current assets
34,882 
81,860 
Net assets
37,472 
83,142 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
37,470 
83,140 
Shareholders' funds
37,472 
83,142 
For the year ending 31 March 2023 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 11 October 2023 and were signed on its behalf by
Leo Hanna Director Company Registration No. 11878661
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Elva Partners Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Elva Partners Limited is a private company, limited by shares, registered in England and Wales, registration number 11878661. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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:
Fixtures & fittings
25% on cost
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Elva Partners Limited Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2022
1,442 
Additions
2,464 
At 31 March 2023
3,906 
Depreciation
At 1 April 2022
160 
Charge for the year
1,156 
At 31 March 2023
1,316 
Net book value
At 31 March 2023
2,590 
At 31 March 2022
1,282 
5
Average number of employees
During the year the average number of employees was 4 (2022: 3).
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