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Company Registration No. 10322596 (England and Wales)
Elite Empire Estates Limited Unaudited accounts for the year ended 31 August 2024
Elite Empire Estates Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Elite Empire Estates Limited Company Information for the year ended 31 August 2024
Director
Shahid Iqbal
Company Number
10322596 (England and Wales)
Registered Office
KEMP HOUSE 152-160 CITY ROAD LONDON EC1V 2NX ENGLAND
Accountants
SJ & Co 2nd Floor 33 Bent Street Manchester M8 8NG
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Elite Empire Estates Limited Statement of financial position as at 31 August 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
646,510
643,699
Investments
5
-
150,000
646,510
793,699
Current assets
Cash at bank and in hand
197,961
47,301
Creditors: amounts falling due within one year
6
(114,694)
(118,284)
Net current assets/(liabilities)
83,267
(70,983)
Total assets less current liabilities
729,777
722,716
Creditors: amounts falling due after more than one year
7
(581,987)
(581,987)
Net assets
147,790
140,729
Capital and reserves
Called up share capital
100
100
Profit and loss account
147,690
140,629
Shareholders' funds
147,790
140,729
For the year ending 31 August 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 May 2025 and were signed on its behalf by
Shahid Iqbal Director Company Registration No. 10322596
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Elite Empire Estates Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Elite Empire Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 10322596. The registered office is KEMP HOUSE, 152-160 CITY ROAD, LONDON, EC1V 2NX, 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:
Computer equipment
15% PA on reducing balance basis
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 September 2023
643,186
603
643,789
Additions
-
3,398
3,398
At 31 August 2024
643,186
4,001
647,187
Depreciation
At 1 September 2023
-
90
90
Charge for the year
-
587
587
At 31 August 2024
-
677
677
Net book value
At 31 August 2024
643,186
3,324
646,510
At 31 August 2023
643,186
513
643,699
5
Investments
Other investments
£
Valuation at 1 September 2023
150,000
Additions
(150,000)
Valuation at 31 August 2024
-
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Elite Empire Estates Limited Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
£
£
VAT
592
411
Taxes and social security
1,656
-
Loans from directors
111,446
116,873
Accruals
1,000
1,000
114,694
118,284
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
581,987
581,987
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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