E.L.I.T.E. (ENABLING LIVING INDEPENDENTLY TODAY & EVERYDAY) C.I.C

Company limited by guarantee

Company Registration Number:
06571533 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

E.L.I.T.E. (ENABLING LIVING INDEPENDENTLY TODAY & EVERYDAY) C.I.C

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

E.L.I.T.E. (ENABLING LIVING INDEPENDENTLY TODAY & EVERYDAY) C.I.C

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,261 2,194
Total fixed assets: 1,261 2,194
Current assets
Debtors: 4 1,387 1,066
Cash at bank and in hand: 14,016 17,358
Total current assets: 15,403 18,424
Creditors: amounts falling due within one year: 5 ( 2,172 ) ( 3,018 )
Net current assets (liabilities): 13,231 15,406
Total assets less current liabilities: 14,492 17,600
Total net assets (liabilities): 14,492 17,600
Members' funds
Profit and loss account: 14,492 17,600
Total members' funds: 14,492 17,600

The notes form part of these financial statements

E.L.I.T.E. (ENABLING LIVING INDEPENDENTLY TODAY & EVERYDAY) C.I.C

Balance sheet statements

For the year ending 31 May 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.

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

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

This report was approved by the board of directors on 7 January 2025
and signed on behalf of the board by:

Name: Alex Rowley
Status: Director

The notes form part of these financial statements

E.L.I.T.E. (ENABLING LIVING INDEPENDENTLY TODAY & EVERYDAY) C.I.C

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated rebates and other similar allowances. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant & Machinery 20% reducing balance Computer Equipment 25% reducing balance

E.L.I.T.E. (ENABLING LIVING INDEPENDENTLY TODAY & EVERYDAY) C.I.C

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

E.L.I.T.E. (ENABLING LIVING INDEPENDENTLY TODAY & EVERYDAY) C.I.C

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 1,589 1,839 3,428
Additions
Disposals
Revaluations
Transfers
At 31 May 2024 1,589 1,839 3,428
Depreciation
At 1 June 2023 311 923 1,234
Charge for year 320 613 933
On disposals
Other adjustments
At 31 May 2024 631 1,536 2,167
Net book value
At 31 May 2024 958 303 1,261
At 31 May 2023 1,278 916 2,194

E.L.I.T.E. (ENABLING LIVING INDEPENDENTLY TODAY & EVERYDAY) C.I.C

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Debtors

2024 2023
£ £
Other debtors 1,387 1,066
Total 1,387 1,066

E.L.I.T.E. (ENABLING LIVING INDEPENDENTLY TODAY & EVERYDAY) C.I.C

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 82 1
Taxation and social security 858 587
Other creditors 1,232 2,430
Total 2,172 3,018

COMMUNITY INTEREST ANNUAL REPORT

E.L.I.T.E. (ENABLING LIVING INDEPENDENTLY TODAY & EVERYDAY) C.I.C

Company Number: 06571533 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

We are a not for profit, community focused company where our clients are at the heart of everything we do. Having a main focus on personal centred planning which enables us to encourage development by setting achievable goals. Each day opportunity is assigned a key worker so their process will be personal, allowing each individual to fulfil their true potential, the individual’s can also be supported via online and telephone meetings. Our unique programme of activities is tailored to suit the need of every individual. Each guided session provides valuable learning tools and life skills which lead to living a safe, independent and meaningful life. We take pride in our services, placing social inclusion at the top of our priority list. We support with the health and well-being of everyone ensuring practical skills go alongside living a healthy lifestyle.

Consultation with stakeholders

The organisation is a user led organisation therefore stakeholder consultation is ongoing both on a formal and informal basis

Directors' remuneration

Remuneration of £9,927 was paid to Danielle Humphries during this period

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
7 January 2025

And signed on behalf of the board by:
Name: Alex Rowley
Status: Director