Acorah Software Products - Accounts Production 15.0.600 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 11626197 Mr Vipul Patel iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11626197 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2023-10-31 11626197 2022-10-31 11626197 2023-10-31 11626197 2022-11-01 2023-10-31 11626197 frs-core:CurrentFinancialInstruments 2023-10-31 11626197 frs-core:Non-currentFinancialInstruments 2023-10-31 11626197 frs-core:OtherReservesSubtotal 2023-10-31 11626197 frs-core:ShareCapital 2023-10-31 11626197 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 11626197 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 11626197 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 11626197 frs-bus:SmallEntities 2022-11-01 2023-10-31 11626197 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 11626197 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 11626197 frs-bus:Director1 2022-11-01 2023-10-31 11626197 frs-countries:EnglandWales 2022-11-01 2023-10-31 11626197 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2022-10-31 11626197 2021-10-31 11626197 2022-10-31 11626197 2021-11-01 2022-10-31 11626197 frs-core:CurrentFinancialInstruments 2022-10-31 11626197 frs-core:Non-currentFinancialInstruments 2022-10-31 11626197 frs-core:OtherReservesSubtotal 2022-10-31 11626197 frs-core:ShareCapital 2022-10-31 11626197 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 11626197
Elite Vj Limited
Financial Statements
For The Year Ended 31 October 2023
Samuelsons & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11626197
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 379,000 379,000
379,000 379,000
CURRENT ASSETS
Debtors 5 1,113 1,567
Cash at bank and in hand 13,966 13,738
15,079 15,305
Creditors: Amounts Falling Due Within One Year 6 (113,998 ) (115,177 )
NET CURRENT ASSETS (LIABILITIES) (98,919 ) (99,872 )
TOTAL ASSETS LESS CURRENT LIABILITIES 280,081 279,128
Creditors: Amounts Falling Due After More Than One Year 7 (256,042 ) (257,842 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,244 ) (5,244 )
NET ASSETS 18,795 16,042
CAPITAL AND RESERVES
Called up share capital 9 100 100
Other reserves 22,357 22,357
Profit and Loss Account (3,662 ) (6,415 )
SHAREHOLDERS' FUNDS 18,795 16,042
Page 1
Page 2
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Vipul Patel
Director
19/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Elite Vj Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11626197 . The registered office is 62 Whitton Waye, Whitton, Hounslow, TW3 2LU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Investment Property
2023
£
Fair Value
As at 1 November 2022 and 31 October 2023 379,000
Cost or Valuation

£
As at 01 November 2020
351,399
Revaluation
27,601
As at 31 October 202
image379,000
image
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 430 1,010
Other debtors 683 557
1,113 1,567
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 113,998 115,177
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 256,042 257,842
8. Loans
An analysis of the maturity of loans is given below:
2023 2022
£ £
Amounts falling due between one and five years:
Bank loans 256,042 257,842
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4