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Company Registration No. 08039296 (England and Wales)
ELEVATE WEALTH AND FINANCIAL PLANNING LTD Unaudited accounts for the year ended 30 April 2023
ELEVATE WEALTH AND FINANCIAL PLANNING LTD Unaudited accounts Contents
Page
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ELEVATE WEALTH AND FINANCIAL PLANNING LTD Company Information for the year ended 30 April 2023
Director
Joel Wood
Company Number
08039296 (England and Wales)
Registered Office
65 BEECH GARDENS RAINFORD ST HELENS MERSEYSIDE WA11 8DW ENGLAND
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ELEVATE WEALTH AND FINANCIAL PLANNING LTD Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
18 
559 
Current assets
Debtors
27,521 
19,628 
Creditors: amounts falling due within one year
(18,751)
(10,044)
Net current assets
8,770 
9,584 
Total assets less current liabilities
8,788 
10,143 
Creditors: amounts falling due after more than one year
(8,558)
(9,945)
Net assets
230 
198 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
130 
98 
Shareholders' funds
230 
198 
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.
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 29 February 2024 and were signed on its behalf by
Joel Wood Director Company Registration No. 08039296
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ELEVATE WEALTH AND FINANCIAL PLANNING LTD Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
ELEVATE WEALTH AND FINANCIAL PLANNING LTD is a private company, limited by shares, registered in England and Wales, registration number 08039296. The registered office is 65 BEECH GARDENS, RAINFORD, ST HELENS, MERSEYSIDE, WA11 8DW, ENGLAND.
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.
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
20% straight line on cost
Computer equipment
33% straight line on cost
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2022
503 
3,604 
4,107 
At 30 April 2023
503 
3,604 
4,107 
Depreciation
At 1 May 2022
503 
3,045 
3,548 
Charge for the year
- 
541 
541 
At 30 April 2023
503 
3,586 
4,089 
Net book value
At 30 April 2023
- 
18 
18 
At 30 April 2022
- 
559 
559 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
27,521 
19,628 
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ELEVATE WEALTH AND FINANCIAL PLANNING LTD Notes to the Accounts for the year ended 30 April 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
3,230 
1,576 
Taxes and social security
13,433 
7,568 
Accruals
2,088 
900 
18,751 
10,044 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
8,558 
9,945 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Directors loan as at 30.04.23
3,305 
1,092 
- 
4,397 
3,305 
1,092 
- 
4,397 
9
Average number of employees
During the year the average number of employees was 1 (2022: 2).
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