ELITE PROTECTIVE COATINGS LIMITED

Company Registration Number:
09459502 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

ELITE PROTECTIVE COATINGS LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

ELITE PROTECTIVE COATINGS LIMITED

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 1,000 1,000
Tangible assets: 4 22,130 48,111
Total fixed assets: 23,130 49,111
Current assets
Stocks: 349,203 0
Debtors: 5 655,381 1,040,355
Cash at bank and in hand: 24,432 7,026
Total current assets: 1,029,016 1,047,381
Creditors: amounts falling due within one year:   (934,682) (972,988)
Net current assets (liabilities): 94,334 74,393
Total assets less current liabilities: 117,464 123,504
Creditors: amounts falling due after more than one year:     (7,560)
Total net assets (liabilities): 117,464 115,944
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 117,364 115,844
Shareholders funds: 117,464 115,944

The notes form part of these financial statements

ELITE PROTECTIVE COATINGS LIMITED

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 November 2024
and signed on behalf of the board by:

Name: Mrs N Wainwright
Status: Director

The notes form part of these financial statements

ELITE PROTECTIVE COATINGS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ELITE PROTECTIVE COATINGS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 23 25

ELITE PROTECTIVE COATINGS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Intangible Assets

Total
Cost £
At 01 March 2023 1,000
At 28 February 2024 1,000
Amortisation
At 01 March 2023 0
At 28 February 2024 0
Net book value
At 28 February 2024 1,000
At 28 February 2023 1,000

ELITE PROTECTIVE COATINGS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Tangible Assets

Total
Cost £
At 01 March 2023 134,073
Disposals (39,320)
At 28 February 2024 94,753
Depreciation
At 01 March 2023 85,962
Charge for year 7,089
On disposals (20,428)
At 28 February 2024 72,623
Net book value
At 28 February 2024 22,130
At 28 February 2023 48,111

ELITE PROTECTIVE COATINGS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 0 0