Company Registration No. 11324871 (England and Wales)
Elevate Accounting Solutions Limited
Unaudited accounts
for the year ended 30 April 2023
Elevate Accounting Solutions Limited
Unaudited accounts
Contents
Elevate Accounting Solutions Limited
Company Information
for the year ended 30 April 2023
Company Number
11324871 (England and Wales)
Registered Office
14 John Bradshaw Court
Alexandria Way
Congleton
CW12 1LB
Elevate Accounting Solutions Limited
Statement of financial position
as at 30 April 2023
Tangible assets
4,543
3,143
Cash at bank and in hand
9,199
20,459
Creditors: amounts falling due within one year
(17,824)
(25,352)
Net current assets
1,123
1,706
Total assets less current liabilities
5,666
4,849
Provisions for liabilities
Called up share capital
200
200
Profit and loss account
4,603
4,052
Shareholders' funds
4,803
4,252
For the year ending 30 April 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 director acknowledges his 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 and authorised for issue on 5 May 2023 and were signed on its behalf by
James Middleton
Director
Company Registration No. 11324871
Elevate Accounting Solutions Limited
Notes to the Accounts
for the year ended 30 April 2023
Elevate Accounting Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 11324871. The registered office is 14 John Bradshaw Court, Alexandria Way, Congleton, CW12 1LB.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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
4 years - straight line on cost
Computer equipment
3 years - straight line on cost
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.
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.
Elevate Accounting Solutions Limited
Notes to the Accounts
for the year ended 30 April 2023
4
Tangible fixed assets
Total
5
Average number of employees
During the year the average number of employees was 2 (2022: 2).