Company Registration No. 08945787 (England and Wales)
ELITE GUARDING (UK) LTD
Unaudited accounts
for the year ended 31 March 2024
ELITE GUARDING (UK) LTD
Unaudited accounts
Contents
ELITE GUARDING (UK) LTD
Company Information
for the year ended 31 March 2024
Company Number
08945787 (England and Wales)
Registered Office
UNIT B7 SEEDBED CENTRE
LANGSTON ROAD
LOUGHTON
IG10 3TQ
UNITED KINGDOM
Accountants
ST Accountancy Services Ltd
6 The Square
Martlesham Heath
Suffolk
IP5 3SL
ELITE GUARDING (UK) LTD
Statement of financial position
as at 31 March 2024
Tangible assets
108,745
150,761
Investment property
50,000
-
Cash at bank and in hand
480,210
448,570
Creditors: amounts falling due within one year
(180,266)
(124,509)
Net current assets
669,521
589,426
Total assets less current liabilities
828,266
740,187
Creditors: amounts falling due after more than one year
(12,317)
(31,667)
Net assets
815,949
708,520
Called up share capital
1,000
1,000
Profit and loss account
814,949
707,520
Shareholders' funds
815,949
708,520
For the year ending 31 March 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 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 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 and authorised for issue on 7 October 2024 and were signed on its behalf by
Ivan Mariacher
Director
Company Registration No. 08945787
ELITE GUARDING (UK) LTD
Notes to the Accounts
for the year ended 31 March 2024
ELITE GUARDING (UK) LTD is a private company, limited by shares, registered in England and Wales, registration number 08945787. The registered office is UNIT B7 SEEDBED CENTRE, LANGSTON ROAD, LOUGHTON, IG10 3TQ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
15% Reducing Balance
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
ELITE GUARDING (UK) LTD
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
167,988
3,611
38,477
210,076
Disposals
(20,292)
-
-
(20,292)
At 31 March 2024
147,696
3,611
38,477
189,784
At 1 April 2023
41,545
1,762
16,008
59,315
Charge for the year
22,042
370
3,370
25,782
On disposals
(4,058)
-
-
(4,058)
At 31 March 2024
59,529
2,132
19,378
81,039
At 31 March 2024
88,167
1,479
19,099
108,745
At 31 March 2023
126,443
1,849
22,469
150,761
Amounts falling due within one year
Trade debtors
369,266
265,054
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
12,158
-
Obligations under finance leases and hire purchase contracts
13,504
31,562
Taxes and social security
31,851
13,670
Loans from directors
43,434
80
8
Creditors: amounts falling due after more than one year
2024
2023
ELITE GUARDING (UK) LTD
Notes to the Accounts
for the year ended 31 March 2024
9
Average number of employees
During the year the average number of employees was 154 (2023: 175).