8 July 2022 false No description of principal activity Taxfiler 2024.1 NI689589business:PrivateLimitedCompanyLtd2022-07-082023-07-31 NI6895892022-07-07 NI6895892022-07-082023-07-31 NI689589business:AuditExemptWithAccountantsReport2022-07-082023-07-31 NI689589business:FilletedAccounts2022-07-082023-07-31 NI6895892023-07-31 NI689589business:Director12022-07-082023-07-31 NI689589business:Director22022-07-082023-07-31 NI689589business:RegisteredOffice2022-07-082023-07-31 NI689589core:WithinOneYear2023-07-31 NI689589core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 NI689589core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 NI689589core:PreviouslyStatedAmount2023-07-31 NI689589business:SmallEntities2022-07-082023-07-31 NI689589countries:NorthernIreland2022-07-082023-07-31 NI689589core:AdditionsToInvestments2023-07-31 NI689589core:RevaluationsIncreaseDecreaseInInvestments2023-07-31 NI689589core:DisposalsRepaymentsInvestments2023-07-31 iso4217:GBP xbrli:pure
Company Registration No. NI689589 (Northern Ireland)
Elite Populi Limited Unaudited accounts for the period from 8 July 2022 to 31 July 2023
Elite Populi Limited Unaudited accounts Contents
Page
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Elite Populi Limited Company Information for the period from 8 July 2022 to 31 July 2023
Directors
Philip McMichael Ciara McMichael
Company Number
NI689589 (Northern Ireland)
Registered Office
Unit 4A, Channel Wharf 21 Old Channel Road Belfast Antrim BT39DE United Kingdom
Accountants
Gray + Press Accountants Limited Unit 4A Channel Wharf 21 Old Channel Road Belfast BT3 9DE
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Elite Populi Limited Statement of financial position as at 31 July 2023
2023 
Notes
£ 
Fixed assets
Investments
5,939,542 
Current assets
Debtors
148 
Cash at bank and in hand
229,490 
229,638 
Creditors: amounts falling due within one year
(6,047,696)
Net current liabilities
(5,818,058)
Net assets
121,484 
Capital and reserves
Called up share capital
1 
Profit and loss account
121,483 
Shareholders' funds
121,484 
For the period ending 31 July 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 28 March 2024 and were signed on its behalf by
Philip McMichael Director Company Registration No. NI689589
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Elite Populi Limited Notes to the Accounts for the period from 8 July 2022 to 31 July 2023
1
Statutory information
Elite Populi Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI689589. The registered office is Unit 4A, Channel Wharf, 21 Old Channel Road, Belfast, Antrim, BT39DE, United Kingdom.
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 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.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Investments
Other investments 
£ 
Valuation at 8 July 2022
- 
Additions
7,831,487 
Fair value adjustments
120,512 
Disposals
(2,012,457)
Valuation at 31 July 2023
5,939,542 
Investments are measured at fair value.
5
Debtors
2023 
£ 
Amounts falling due within one year
Other debtors
148 
6
Creditors: amounts falling due within one year
2023 
£ 
Taxes and social security
3,042 
Loans from directors
6,036,554 
Accruals
8,100 
6,047,696 
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Elite Populi Limited Notes to the Accounts for the period from 8 July 2022 to 31 July 2023
7
Average number of employees
During the period the average number of employees was 0.
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