Company Registration No. 09852234 (England and Wales)
Elite Water Services Ltd
Unaudited accounts
for the year ended 31 October 2024
Elite Water Services Ltd
Unaudited accounts
Contents
Elite Water Services Ltd
Company Information
for the year ended 31 October 2024
Directors
Karl John
Peter Hughes
Company Number
09852234 (England and Wales)
Registered Office
7 Paynes Park
Hitchin
Herts
SG5 1EH
United Kingdom
Elite Water Services Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
11,833
14,474
Cash at bank and in hand
106,432
20,237
Creditors: amounts falling due within one year
(82,058)
(73,968)
Net current assets
299,017
141,593
Total assets less current liabilities
310,850
156,067
Creditors: amounts falling due after more than one year
54,504
44,812
Net assets
365,354
200,879
Called up share capital
2
2
Profit and loss account
365,352
200,877
Shareholders' funds
365,354
200,879
For the year ending 31 October 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 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 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 of Directors and authorised for issue on 27 March 2025 and were signed on its behalf by
Peter Hughes
Director
Company Registration No. 09852234
Elite Water Services Ltd
Notes to the Accounts
for the year ended 31 October 2024
Elite Water Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 09852234. The registered office is 7 Paynes Park, Hitchin, Herts, SG5 1EH, 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.
18% is used to fall in line with capital allowance calculations.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2023
16,495
18,489
34,984
At 31 October 2024
16,495
18,489
34,984
At 1 November 2023
10,381
10,129
20,510
Charge for the year
1,100
1,541
2,641
At 31 October 2024
11,481
11,670
23,151
At 31 October 2024
5,014
6,819
11,833
At 31 October 2023
6,114
8,360
14,474
Elite Water Services Ltd
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Trade debtors
181,198
73,742
Amounts due from group undertakings etc.
-
77,014
Accrued income and prepayments
-
21,369
Other debtors
5,319
18,090
Amounts falling due after more than one year
Amounts due from group undertakings etc.
77,014
-
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
9,423
10,000
Trade creditors
31,555
53,886
Taxes and social security
31,080
82
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
(62,581)
(62,581)
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).