Company Registration No. 08111979 (England and Wales)
ELIVEATE CARE & SUPPORT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024
31 March 2024
PAGES FOR FILING WITH REGISTRAR
PM+M Solutions for Business LLP
Chartered Accountants
New Century House
Greenbank Technology Park
Challenge Way
Blackburn
Lancashire
BB1 5QB
ELIVEATE CARE & SUPPORT LIMITED
COMPANY INFORMATION
Directors
T Plant
P Woodruff
Company number
08111979
Registered office
Lower Unit 2
The Clay Factory
Redlake Trading Estate
Ivybridge
Devon
PL21 0EZ
Accountants
PM+M Solutions for Business LLP
New Century House
Greenbank Technology Park
Challenge Way
Blackburn
Lancashire
BB1 5QB
ELIVEATE CARE & SUPPORT LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
ELIVEATE CARE & SUPPORT LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
17,532
17,700
Current assets
Debtors
4
149,711
114,652
Cash at bank and in hand
207,563
88,797
357,274
203,449
Creditors: amounts falling due within one year
5
(164,288)
(142,179)
Net current assets
192,986
61,270
Total assets less current liabilities
210,518
78,970
Creditors: amounts falling due after more than one year
6
(15,000)
(25,000)
Provisions for liabilities
(4,452)
(3,363)
Net assets
191,066
50,607
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
190,966
50,507
Total equity
191,066
50,607

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

ELIVEATE CARE & SUPPORT LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 30 September 2024 and are signed on its behalf by:
T Plant
P Woodruff
Director
Director
Company registration number 08111979 (England and Wales)
ELIVEATE CARE & SUPPORT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 3 -
1
Accounting policies
Company information

eLIVEate Care & Support Limited is a private company limited by shares incorporated in England and Wales. The registered office is Lower Unit 2, The Clay Factory, Redlake Trading Estate, Ivybridge, Devon, PL21 0EZ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
15% on cost
Computers
15% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

ELIVEATE CARE & SUPPORT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.5
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.6
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
55
42
ELIVEATE CARE & SUPPORT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 5 -
3
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 April 2023
12,339
10,415
22,754
Additions
637
3,018
3,655
Disposals
-
0
(1,168)
(1,168)
At 31 March 2024
12,976
12,265
25,241
Depreciation and impairment
At 1 April 2023
1,929
3,125
5,054
Depreciation charged in the year
1,918
1,007
2,925
Eliminated in respect of disposals
-
0
(270)
(270)
At 31 March 2024
3,847
3,862
7,709
Carrying amount
At 31 March 2024
9,129
8,403
17,532
At 31 March 2023
10,410
7,290
17,700
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
97,967
72,499
Other debtors
51,744
42,153
149,711
114,652
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
10,000
10,000
Trade creditors
2,626
3,094
Taxation and social security
73,753
24,475
Other creditors
77,909
104,610
164,288
142,179
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
15,000
25,000
ELIVEATE CARE & SUPPORT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 6 -
7
Operating lease

At the year end the company had operating lease commitments of £121,464 (2023 - £136,970).

8
Related party disclosure

Included in other debtors is a loan of £100 (2023 - £49,900 due to one of the directors) due from one of the directors. The balance is due under one year. No interest is charged on this loan.

2024-03-312023-04-01false30 September 2024CCH SoftwareCCH Accounts Production 2024.100No description of principal activityT PlantP Woodrufffalsefalse081119792023-04-012024-03-31081119792024-03-3108111979bus:Director12023-04-012024-03-3108111979bus:Director22023-04-012024-03-3108111979bus:RegisteredOffice2023-04-012024-03-31081119792023-03-3108111979core:FurnitureFittings2024-03-3108111979core:ComputerEquipment2024-03-3108111979core:FurnitureFittings2023-03-3108111979core:ComputerEquipment2023-03-3108111979core:CurrentFinancialInstrumentscore:WithinOneYear2024-03-3108111979core:CurrentFinancialInstrumentscore:WithinOneYear2023-03-3108111979core:Non-currentFinancialInstrumentscore:AfterOneYear2024-03-3108111979core:Non-currentFinancialInstrumentscore:AfterOneYear2023-03-3108111979core:CurrentFinancialInstruments2024-03-3108111979core:CurrentFinancialInstruments2023-03-3108111979core:ShareCapital2024-03-3108111979core:ShareCapital2023-03-3108111979core:RetainedEarningsAccumulatedLosses2024-03-3108111979core:RetainedEarningsAccumulatedLosses2023-03-3108111979core:FurnitureFittings2023-04-012024-03-3108111979core:ComputerEquipment2023-04-012024-03-31081119792022-04-012023-03-3108111979core:FurnitureFittings2023-03-3108111979core:ComputerEquipment2023-03-31081119792023-03-3108111979core:WithinOneYear2024-03-3108111979core:WithinOneYear2023-03-3108111979core:Non-currentFinancialInstruments2024-03-3108111979core:Non-currentFinancialInstruments2023-03-3108111979bus:PrivateLimitedCompanyLtd2023-04-012024-03-3108111979bus:SmallCompaniesRegimeForAccounts2023-04-012024-03-3108111979bus:FRS1022023-04-012024-03-3108111979bus:AuditExemptWithAccountantsReport2023-04-012024-03-3108111979bus:FullAccounts2023-04-012024-03-31xbrli:purexbrli:sharesiso4217:GBP