2022-01-012022-12-312022-12-31false10560703ELITE CAR REPAIRS LTD2023-11-0382990iso4217:GBPxbrli:pure105607032022-01-01105607032022-12-31105607032022-01-012022-12-31105607032021-01-01105607032021-12-31105607032021-01-012021-12-3110560703bus:SmallEntities2022-01-012022-12-3110560703bus:AuditExempt-NoAccountantsReport2022-01-012022-12-3110560703bus:FullAccounts2022-01-012022-12-3110560703bus:PrivateLimitedCompanyLtd2022-01-012022-12-3110560703core:WithinOneYear2022-12-3110560703core:AfterOneYear2022-12-3110560703core:WithinOneYear2021-12-3110560703core:AfterOneYear2021-12-3110560703core:ShareCapital2022-12-3110560703core:SharePremium2022-12-3110560703core:RevaluationReserve2022-12-3110560703core:OtherReservesSubtotal2022-12-3110560703core:RetainedEarningsAccumulatedLosses2022-12-3110560703core:ShareCapital2021-12-3110560703core:SharePremium2021-12-3110560703core:RevaluationReserve2021-12-3110560703core:OtherReservesSubtotal2021-12-3110560703core:RetainedEarningsAccumulatedLosses2021-12-3110560703core:LandBuildings2022-12-3110560703core:PlantMachinery2022-12-3110560703core:Vehicles2022-12-3110560703core:FurnitureFittings2022-12-3110560703core:OfficeEquipment2022-12-3110560703core:NetGoodwill2022-12-3110560703core:IntangibleAssetsOtherThanGoodwill2022-12-3110560703core:ListedExchangeTraded2022-12-3110560703core:UnlistedNon-exchangeTraded2022-12-3110560703core:LandBuildings2021-12-3110560703core:PlantMachinery2021-12-3110560703core:Vehicles2021-12-3110560703core:FurnitureFittings2021-12-3110560703core:OfficeEquipment2021-12-3110560703core:NetGoodwill2021-12-3110560703core:IntangibleAssetsOtherThanGoodwill2021-12-3110560703core:ListedExchangeTraded2021-12-3110560703core:UnlistedNon-exchangeTraded2021-12-3110560703core:LandBuildings2022-01-012022-12-3110560703core:PlantMachinery2022-01-012022-12-3110560703core:Vehicles2022-01-012022-12-3110560703core:FurnitureFittings2022-01-012022-12-3110560703core:OfficeEquipment2022-01-012022-12-3110560703core:NetGoodwill2022-01-012022-12-3110560703core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3110560703core:ListedExchangeTraded2022-01-012022-12-3110560703core:UnlistedNon-exchangeTraded2022-01-012022-12-3110560703core:MoreThanFiveYears2022-01-012022-12-3110560703core:Non-currentFinancialInstruments2022-12-3110560703core:Non-currentFinancialInstruments2021-12-3110560703dpl:CostSales2022-01-012022-12-3110560703dpl:DistributionCosts2022-01-012022-12-3110560703core:LandBuildings2022-01-012022-12-3110560703core:PlantMachinery2022-01-012022-12-3110560703core:Vehicles2022-01-012022-12-3110560703core:FurnitureFittings2022-01-012022-12-3110560703core:OfficeEquipment2022-01-012022-12-3110560703dpl:AdministrativeExpenses2022-01-012022-12-3110560703core:NetGoodwill2022-01-012022-12-3110560703core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3110560703dpl:GroupUndertakings2022-01-012022-12-3110560703dpl:ParticipatingInterests2022-01-012022-12-3110560703dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3110560703core:ListedExchangeTraded2022-01-012022-12-3110560703dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3110560703core:UnlistedNon-exchangeTraded2022-01-012022-12-3110560703dpl:CostSales2021-01-012021-12-3110560703dpl:DistributionCosts2021-01-012021-12-3110560703core:LandBuildings2021-01-012021-12-3110560703core:PlantMachinery2021-01-012021-12-3110560703core:Vehicles2021-01-012021-12-3110560703core:FurnitureFittings2021-01-012021-12-3110560703core:OfficeEquipment2021-01-012021-12-3110560703dpl:AdministrativeExpenses2021-01-012021-12-3110560703core:NetGoodwill2021-01-012021-12-3110560703core:IntangibleAssetsOtherThanGoodwill2021-01-012021-12-3110560703dpl:GroupUndertakings2021-01-012021-12-3110560703dpl:ParticipatingInterests2021-01-012021-12-3110560703dpl:GroupUndertakingscore:ListedExchangeTraded2021-01-012021-12-3110560703core:ListedExchangeTraded2021-01-012021-12-3110560703dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-01-012021-12-3110560703core:UnlistedNon-exchangeTraded2021-01-012021-12-3110560703core:NetGoodwill2022-12-3110560703core:IntangibleAssetsOtherThanGoodwill2022-12-3110560703core:LandBuildings2022-12-3110560703core:PlantMachinery2022-12-3110560703core:Vehicles2022-12-3110560703core:FurnitureFittings2022-12-3110560703core:OfficeEquipment2022-12-3110560703core:AfterOneYear2022-12-3110560703core:WithinOneYear2022-12-3110560703core:ListedExchangeTraded2022-12-3110560703core:UnlistedNon-exchangeTraded2022-12-3110560703core:ShareCapital2022-12-3110560703core:SharePremium2022-12-3110560703core:RevaluationReserve2022-12-3110560703core:OtherReservesSubtotal2022-12-3110560703core:RetainedEarningsAccumulatedLosses2022-12-3110560703core:NetGoodwill2021-12-3110560703core:IntangibleAssetsOtherThanGoodwill2021-12-3110560703core:LandBuildings2021-12-3110560703core:PlantMachinery2021-12-3110560703core:Vehicles2021-12-3110560703core:FurnitureFittings2021-12-3110560703core:OfficeEquipment2021-12-3110560703core:AfterOneYear2021-12-3110560703core:WithinOneYear2021-12-3110560703core:ListedExc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ELITE CAR REPAIRS LTD

Registered Number
10560703
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2022

ELITE CAR REPAIRS LTD
Company Information
for the year from 1 January 2022 to 31 December 2022

Directors

RINVENUTO, Philip
RINVENUTO, Robert Luigi

Registered Address

Unit 3, Kingbourne Farm
Bury End
Stagsden
MK43 8TT

Registered Number

10560703 (England and Wales)
ELITE CAR REPAIRS LTD
Balance Sheet as at
31 December 2022

Notes

2022

2021

£

£

£

£

Current assets
Debtors560,7593,719
Cash at bank and on hand5,7933,355
66,5527,074
Creditors amounts falling due within one year6(30,338)(14,209)
Net current assets (liabilities)36,214(7,135)
Total assets less current liabilities36,214(7,135)
Creditors amounts falling due after one year7(238)(2,554)
Net assets35,976(9,689)
Capital and reserves
Called up share capital22
Profit and loss account35,974(9,691)
Shareholders' funds35,976(9,689)
The financial statements were approved and authorised for issue by the Board of Directors on 3 November 2023, and are signed on its behalf by:
RINVENUTO, Philip
Director
RINVENUTO, Robert Luigi
Director

Registered Company No. 10560703
ELITE CAR REPAIRS LTD
Notes to the Financial Statements
for the year ended 31 December 2022

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20222021
Average number of employees during the year11
5.Debtors

2022

2021

££
Trade debtors / trade receivables8,3793,719
Other debtors52,380-
Total60,7593,719
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
6.Creditors within one year

2022

2021

££
Trade creditors / trade payables941-
Bank borrowings and overdrafts6942,527
Taxation and social security23,50210,332
Other creditors3,311-
Accrued liabilities and deferred income1,8901,350
Total30,33814,209
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Creditors after one year

2022

2021

££
Bank borrowings and overdrafts2382,554
Total2382,554