03184936falsethat of design and manufacture of test equipment2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-03-31http://www.companieshouse.gov.uk/cd:Director12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-03-31http://www.companieshouse.gov.uk/pt:SharePremium2022-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-03-31http://www.companieshouse.gov.uk/pt:SharePremium2023-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:MotorCars2022-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22022-04-012023-03-31http://www.companieshouse.gov.uk/pt:MotorCars2023-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-03-31http://www.companieshouse.gov.uk/2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/cd:FRS1022022-04-012023-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2022-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2023-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03184936

Elite Interfaces Limited

ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023

Prepared By:
Wieland Accountants Limited
Chartered Accountants
Harrow Business Centre
429-433 Pinner Road
North Harrow
Middlesex
HA1 4HN

Elite Interfaces Limited

ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
DIRECTORS
Mrs R Kachhwaha
SECRETARY
Mrs R Kachhwaha
REGISTERED OFFICE
24B Portman Road
Reading
Berkshire
RG30 1EA
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03184936
ACCOUNTANTS
Wieland Accountants Limited
Chartered Accountants
Harrow Business Centre
429-433 Pinner Road
North Harrow
Middlesex
HA1 4HN

Elite Interfaces Limited

ACCOUNTS
FOR THEYEARENDED31 MARCH 2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Elite Interfaces Limited

BALANCE SHEET AT 31 March 2023
20232022
Notes££
FIXED ASSETS
Tangible assets31,463,1771,366,555
CURRENT ASSETS
Stock238,719204,777
Debtors5791,431375,603
Cash at bank and in hand360,098399,607
1,390,248979,987
CREDITORS: Amounts falling due within one year6689,422310,161
NET CURRENT ASSETS700,826669,826
TOTAL ASSETS LESS CURRENT LIABILITIES2,164,0032,036,381
CREDITORS: Amounts falling due after more than one year7618,009755,501
PROVISIONS FOR LIABILITIES AND CHARGES992,96349,070
NET ASSETS1,453,0311,231,810
CAPITAL AND RESERVES
Called up share capital1081,76381,763
Share premium account114,7594,759
Profit and loss account1,366,5091,145,288
SHAREHOLDERS' FUNDS1,453,0311,231,810
For the year ending 31 March 2023 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 31 October 2023 and signed on their behalf by
.............................
Mrs R Kachhwaha
Director

Elite Interfaces Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Fixtures and Fittingsreducing balance 25%
Equipmentreducing balance 25%
Motor Carsreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Government Grants
Government grants are recognised in the profit and loss account in the year in which they are received.

Elite Interfaces Limited

2. EMPLOYEES
20232022
No.No.
Average number of employees3333
3. TANGIBLE FIXED ASSETS
Land AndPlant andFixtures
BuildingsMachineryand FittingsEquipmentMotor CarsTotal
££££££
Cost
At 1 April 2022981,801923,75856,77640,390104,2402,106,965
Additions-184,86410,3149,316-204,494
Disposals-(394,764)(27,506)(22,043)-(444,313)
At 31 March 2023981,801713,85839,58427,663104,2401,867,146
Depreciation
At 1 April 2022-621,92249,92910,09858,461740,410
Disposals-(394,764)(26,838)(11,249)-(432,851)
For the year-75,4591,9337,57311,44596,410
At 31 March 2023-302,61725,0246,42269,906403,969
Net Book Amounts
At 31 March 2023981,801411,24114,56021,24134,3341,463,177
At 31 March 2022981,801301,8366,84730,29245,7791,366,555
4. STOCK 20232022
££
Stock comprises:
Stock238,719204,777
238,719204,777
5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors757,724303,245
UK corporation tax-24,529
VAT2,58015,869
Rent deposits1,4401,440
Prepayments15,7329,970
Other debtors13,95520,550
791,431375,603

Elite Interfaces Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax2,189-
PAYE control37,93022,879
Bank loans104,427103,201
Hire purchase26,51837,219
Trade creditors308,773142,710
Company credit cards9,5853,723
Amounts due to parent undertaking200,000429
689,422310,161
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans538,456644,109
Hire purchase 79,553111,392
618,009755,501
The bank loans are secured by a fixed charge over the freehold property.
8. SECURED CREDITORS
20232022
££
Amount of bank loans and overdrafts which are secured642,883747,310
Amount of other creditors which are secured106,071148,611
9. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation92,96349,070
92,96349,070

Elite Interfaces Limited

10. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
60000 Ordinary Class A of £1 each6000060000
21763 Ordinary Class B of £1 each2176321763
81,76381,763
11. SHARE PREMIUM ACCOUNT 20232022
££
Share premium account4,7594,759
12. RELATED PARTY TRANSACTIONS
The parent company is HNR Holdings Limited whose registered office address is at 24B Portman Road, Reading, Berkshire, RG30 1EA.