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Company Registration No. 10787484 (England and Wales)
ELITECORE LIMITED Unaudited accounts for the year ended 31 May 2024
ELITECORE LIMITED Unaudited accounts Contents
Page
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ELITECORE LIMITED Company Information for the year ended 31 May 2024
Director
Solomon Imoudu IKPUGHA
Company Number
10787484 (England and Wales)
Registered Office
45 Bonaire Grange, Newton Let's, Bletchley Milton Keynes MK3 5RQ England
Accountants
MACGLORY CONSULT 61 Fuller Way Andover Hampshire SP11 6UJ
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ELITECORE LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,000 
4,500 
Current assets
Debtors
11,993 
14,215 
Cash at bank and in hand
2,443 
556 
14,436 
14,771 
Creditors: amounts falling due within one year
(5,773)
(7,221)
Net current assets
8,663 
7,550 
Net assets
11,663 
12,050 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
11,661 
12,048 
Shareholders' funds
11,663 
12,050 
For the year ending 31 May 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 23 January 2025 and were signed on its behalf by
Solomon Imoudu IKPUGHA Director Company Registration No. 10787484
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ELITECORE LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
ELITECORE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10787484. The registered office is 45 Bonaire Grange, , Newton Let's, Bletchley, Milton Keynes, MK3 5RQ, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25%
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 June 2023
6,000 
At 31 May 2024
6,000 
Depreciation
At 1 June 2023
1,500 
Charge for the year
1,500 
At 31 May 2024
3,000 
Net book value
At 31 May 2024
3,000 
At 31 May 2023
4,500 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
11,993 
14,215 
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ELITECORE LIMITED Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
5,773 
7,221 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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