1 October 2022 false No description of principal activity Taxfiler 2024.1 SC622533business:PrivateLimitedCompanyLtd2022-10-012023-09-30 SC6225332022-09-30 SC6225332022-10-012023-09-30 SC622533business:AuditExemptWithAccountantsReport2022-10-012023-09-30 SC622533business:FilletedAccounts2022-10-012023-09-30 SC6225332023-09-30 SC622533business:Director12022-10-012023-09-30 SC622533business:Director22022-10-012023-09-30 SC622533business:RegisteredOffice2022-10-012023-09-30 SC6225332022-09-30 SC622533core:WithinOneYear2023-09-30 SC622533core:WithinOneYear2022-09-30 SC622533core:AfterOneYear2023-09-30 SC622533core:AfterOneYear2022-09-30 SC622533core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 SC622533core:ShareCapitalcore:PreviouslyStatedAmount2022-09-30 SC622533core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 SC622533core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-09-30 SC622533core:PreviouslyStatedAmount2023-09-30 SC622533core:PreviouslyStatedAmount2022-09-30 SC622533business:SmallEntities2022-10-012023-09-30 SC622533countries:Scotland2022-10-012023-09-30 SC622533core:PlantMachinery2022-09-30 SC622533core:PlantMachinery2023-09-30 SC622533core:PlantMachinery2022-10-012023-09-30 SC6225332021-10-012022-09-30 iso4217:GBP xbrli:pure
Company Registration No. SC622533 (Scotland)
Elevate46 Limited Unaudited accounts for the year ended 30 September 2023
Elevate46 Limited Unaudited accounts Contents
Page
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Elevate46 Limited Company Information for the year ended 30 September 2023
Directors
William Findlay Barbara Findlay
Company Number
SC622533 (Scotland)
Registered Office
84 QUEEN MARGARET DRIVE GLASGOW G20 8NZ SCOTLAND
Accountants
McCreath Accountancy Lomond House 4 South Street Inchinnan Renfrewshire PA4 9RJ
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Elevate46 Limited Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,171 
13,562 
Current assets
Inventories
300 
300 
Debtors
- 
2,100 
Cash at bank and in hand
10,661 
24,454 
10,961 
26,854 
Creditors: amounts falling due within one year
(7,045)
(12,467)
Net current assets
3,916 
14,387 
Total assets less current liabilities
14,087 
27,949 
Creditors: amounts falling due after more than one year
(6,600)
(9,000)
Net assets
7,487 
18,949 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
7,387 
18,849 
Shareholders' funds
7,487 
18,949 
For the year ending 30 September 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.
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 5 April 2024 and were signed on its behalf by
William Findlay Director Company Registration No. SC622533
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Elevate46 Limited Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
Elevate46 Limited is a private company, limited by shares, registered in Scotland, registration number SC622533. The registered office is 84 QUEEN MARGARET DRIVE, GLASGOW, G20 8NZ, SCOTLAND.
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:
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.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 October 2022
24,766 
At 30 September 2023
24,766 
Depreciation
At 1 October 2022
11,204 
Charge for the year
3,391 
At 30 September 2023
14,595 
Net book value
At 30 September 2023
10,171 
At 30 September 2022
13,562 
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Elevate46 Limited Notes to the Accounts for the year ended 30 September 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
2,100 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
7,045 
12,467 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Trade creditors
6,600 
9,000 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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