Acorah Software Products - Accounts Production 16.0.110 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 12342907 Mr David Warren Mrs Rebecca Warren iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12342907 2022-12-31 12342907 2023-12-31 12342907 2023-01-01 2023-12-31 12342907 frs-core:CurrentFinancialInstruments 2023-12-31 12342907 frs-core:Non-currentFinancialInstruments 2023-12-31 12342907 frs-core:ShareCapital 2023-12-31 12342907 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12342907 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12342907 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 12342907 frs-bus:SmallEntities 2023-01-01 2023-12-31 12342907 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12342907 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12342907 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31 12342907 frs-bus:OrdinaryShareClass1 2023-12-31 12342907 frs-core:UnlistedNon-exchangeTraded 2023-12-31 12342907 frs-core:UnlistedNon-exchangeTraded 2022-12-31 12342907 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-12-31 12342907 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 12342907 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 12342907 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-12-31 12342907 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 12342907 frs-bus:Director1 2023-01-01 2023-12-31 12342907 frs-bus:Director2 2023-01-01 2023-12-31 12342907 frs-countries:EnglandWales 2023-01-01 2023-12-31 12342907 2021-12-31 12342907 2022-12-31 12342907 2022-01-01 2022-12-31 12342907 frs-core:CurrentFinancialInstruments 2022-12-31 12342907 frs-core:Non-currentFinancialInstruments 2022-12-31 12342907 frs-core:ShareCapital 2022-12-31 12342907 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 12342907 frs-bus:OrdinaryShareClass1 2022-01-01 2022-12-31
Registered number: 12342907
Elevate Business Group Ltd
Financial Statements
For The Year Ended 31 December 2023
Fruition Accountancy Limited
Unit 4 Three Spires House, Station Road
Lichfield
WS13 6HX
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12342907
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 200 -
200 -
CURRENT ASSETS
Debtors 5 30,515 38,015
Cash at bank and in hand 425 1,121
30,940 39,136
Creditors: Amounts Falling Due Within One Year 6 (22,061 ) (36,501 )
NET CURRENT ASSETS (LIABILITIES) 8,879 2,635
TOTAL ASSETS LESS CURRENT LIABILITIES 9,079 2,635
Creditors: Amounts Falling Due After More Than One Year 7 (8,892 ) -
NET ASSETS 187 2,635
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 87 2,535
SHAREHOLDERS' FUNDS 187 2,635
Page 1
Page 2
For the year ending 31 December 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.
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 David Warren
Director
21st October 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
Elevate Business Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12342907 . The registered office is 9a Mill Park, Cannock, WS11 7XT.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: 1)
- 1
4. Investments
Unlisted
£
Cost
As at 1 January 2023 -
Additions 200
As at 31 December 2023 200
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 200
As at 1 January 2023 -
At the balance sheet date the company held the following proportion of voting rights and ordinary shares:
Elevate Business Group Ltd, a company incorporated in England & Wales, 100% (2022: 100%). 
Elevate Business Ltd, a company incorporated in England & Wales, 100% (2022: 100%). 
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 30,515 38,015
30,515 38,015
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 48 49
Bank loans and overdrafts 5,000 19,439
Other creditors 17,013 17,013
22,061 36,501
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 8,892 -
8,892 -
8. Share Capital
2023 2022
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
9. Related Party Transactions
As at the balance sheet date there was an amount due from a subsidiary company of £30,507 (2022: £38,007).
Page 4