1 March 2023 false No description of principal activity Taxfiler 2024.5 13232667business:PrivateLimitedCompanyLtd2023-03-012024-02-29 132326672023-02-28 132326672023-03-012024-02-29 13232667business:AuditExemptWithAccountantsReport2023-03-012024-02-29 13232667business:FilletedAccounts2023-03-012024-02-29 132326672024-02-29 13232667business:Director12023-03-012024-02-29 13232667business:Director22023-03-012024-02-29 13232667business:RegisteredOffice2023-03-012024-02-29 132326672023-02-28 13232667core:WithinOneYear2024-02-29 13232667core:WithinOneYear2023-02-28 13232667core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 13232667core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 13232667core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 13232667core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 13232667core:PreviouslyStatedAmount2024-02-29 13232667core:PreviouslyStatedAmount2023-02-28 13232667business:SmallEntities2023-03-012024-02-29 13232667countries:EnglandWales2023-03-012024-02-29 13232667core:PlantMachinery2023-03-012024-02-29 13232667core:MotorVehicles2023-03-012024-02-29 13232667core:PlantMachinery2023-02-28 13232667core:MotorVehicles2023-02-28 13232667core:PlantMachinery2024-02-29 13232667core:MotorVehicles2024-02-29 132326672022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 13232667 (England and Wales)
Elite Rendering & Plastering Ltd Unaudited accounts for the year ended 29 February 2024
Elite Rendering & Plastering Ltd Unaudited accounts Contents
Page
- 2 -
Elite Rendering & Plastering Ltd Company Information for the year ended 29 February 2024
Directors
Josh Lee Gahan Richard Wooler
Company Number
13232667 (England and Wales)
Registered Office
21 NORTH BRIDGE STREET SUNDERLAND SR5 1AB ENGLAND
Accountants
Genesis Accountants G27 Amber Court William Armstrong Drive Newcastle Upon Tyne NE4 7YA
- 3 -
Elite Rendering & Plastering Ltd Accountants' report
Accountants' report to the board of directors of Elite Rendering & Plastering Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 29 February 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 29 February 2024. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Genesis Accountants G27 Amber Court William Armstrong Drive Newcastle Upon Tyne NE4 7YA 18 March 2024
- 4 -
Elite Rendering & Plastering Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
109,182 
46,629 
Current assets
Debtors
7,241 
6,191 
Cash at bank and in hand
1,722 
2,306 
8,963 
8,497 
Creditors: amounts falling due within one year
(115,143)
(43,193)
Net current liabilities
(106,180)
(34,696)
Net assets
3,002 
11,933 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
2,902 
11,833 
Shareholders' funds
3,002 
11,933 
For the year ending 29 February 2024 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 18 March 2024 and were signed on its behalf by
Josh Lee Gahan Director Company Registration No. 13232667
- 5 -
Elite Rendering & Plastering Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Elite Rendering & Plastering Ltd is a private company, limited by shares, registered in England and Wales, registration number 13232667. The registered office is 21 NORTH BRIDGE STREET, SUNDERLAND, SR5 1AB, 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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
1,663 
60,278 
61,941 
Additions
- 
85,400 
85,400 
At 29 February 2024
1,663 
145,678 
147,341 
Depreciation
At 1 March 2023
727 
14,585 
15,312 
Charge for the year
234 
22,613 
22,847 
At 29 February 2024
961 
37,198 
38,159 
Net book value
At 29 February 2024
702 
108,480 
109,182 
At 28 February 2023
936 
45,693 
46,629 
- 6 -
Elite Rendering & Plastering Ltd Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,862 
6,191 
Trade debtors
4,379 
- 
7,241 
6,191 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
29,855 
16,975 
Taxes and social security
8,861 
6,349 
Loans from directors
76,427 
19,869 
115,143 
43,193 
7
Average number of employees
During the year the average number of employees was 5 (2023: 5).
- 7 -