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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
Page
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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
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Elevate Innovation Ltd Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,475 
- 
Current assets
Debtors
204 
- 
Cash at bank and in hand
28,179 
27,468 
28,383 
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)
Net assets
6,299 
11,198 
Capital and reserves
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
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Elevate Innovation Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
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.
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:
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 1 February 2024
- 
- 
- 
Additions
1,080 
916 
1,996 
At 31 January 2025
1,080 
916 
1,996 
Depreciation
Charge for the year
216 
305 
521 
At 31 January 2025
216 
305 
521 
Net book value
At 31 January 2025
864 
611 
1,475 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
204 
- 
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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)
23,134 
15,870 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Accruals
425 
400 
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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