Company Registration No. 11756024 (England and Wales)
Elevate Innovation Ltd
Unaudited accounts
for the year ended 31 January 2025
Elevate Innovation Ltd
Unaudited accounts
Contents
Elevate Innovation Ltd
Company Information
for the year ended 31 January 2025
Director
Christopher Ellerby
Company Number
11756024 (England and Wales)
Registered Office
30 Welton Drive
Wilmslow
Cheshire
SK9 6HE
United Kingdom
Accountants
Astute Accountancy Services Limited
30 Welton Drive
Wilmslow
Cheshire
SK9 6HE
Elevate Innovation Ltd
Statement of financial position
as at 31 January 2025
Cash at bank and in hand
28,179
27,468
Creditors: amounts falling due within one year
(23,134)
(15,870)
Net current assets
5,249
11,598
Total assets less current liabilities
6,724
11,598
Creditors: amounts falling due after more than one year
(425)
(400)
Called up share capital
1
1
Profit and loss account
6,298
11,197
Shareholders' funds
6,299
11,198
For the year ending 31 January 2025 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 19 May 2025 and were signed on its behalf by
Christopher Ellerby
Director
Company Registration No. 11756024
Elevate Innovation Ltd
Notes to the Accounts
for the year ended 31 January 2025
Elevate Innovation Ltd is a private company, limited by shares, registered in England and Wales, registration number 11756024. The registered office is 30 Welton Drive, Wilmslow, Cheshire, SK9 6HE, 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:
Plant & machinery
20% straight line
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 31 January 2025
1,080
916
1,996
Charge for the year
216
305
521
At 31 January 2025
216
305
521
At 31 January 2025
864
611
1,475
Amounts falling due within one year
Elevate Innovation Ltd
Notes to the Accounts
for the year ended 31 January 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
23,244
15,888
Loans from directors
(110)
(18)
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).