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REGISTERED NUMBER: 04087425 (England and Wales)

















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Elite Personnel Services Limited

Elite Personnel Services Limited (Registered number: 04087425)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Elite Personnel Services Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: D A Austin





SECRETARY: S A Austin





REGISTERED OFFICE: Copia House
Great Cliffe Court
Great Cliffe Road
Barnsley
South Yorkshire
S75 3SP





REGISTERED NUMBER: 04087425 (England and Wales)





ACCOUNTANTS: SMH Reed Smith Ltd
Copia House
Great Cliffe Court
Great Cliffe Road
Barnsley
S75 3SP

Elite Personnel Services Limited (Registered number: 04087425)

Statement of Financial Position
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 2,304 4,519
2,304 4,519

CURRENT ASSETS
Debtors 6 69,576 85,090
Cash at bank and in hand 619,959 652,261
689,535 737,351
CREDITORS
Amounts falling due within one year 7 48,585 71,608
NET CURRENT ASSETS 640,950 665,743
TOTAL ASSETS LESS CURRENT LIABILITIES 643,254 670,262

PROVISIONS FOR LIABILITIES 437 1,129
NET ASSETS 642,817 669,133

CAPITAL AND RESERVES
Called up share capital 40 40
Retained earnings 642,777 669,093
SHAREHOLDERS' FUNDS 642,817 669,133

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Elite Personnel Services Limited (Registered number: 04087425)

Statement of Financial Position - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 July 2025 and were signed by:





D A Austin - Director


Elite Personnel Services Limited (Registered number: 04087425)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Elite Personnel Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2001, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on cost
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Elite Personnel Services Limited (Registered number: 04087425)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 30 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 30,000
AMORTISATION
At 1 January 2024
and 31 December 2024 30,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2024 8,226 9,598 17,824
Disposals (5,736 ) (4,000 ) (9,736 )
At 31 December 2024 2,490 5,598 8,088
DEPRECIATION
At 1 January 2024 5,878 7,427 13,305
Charge for year 1,477 738 2,215
Eliminated on disposal (5,736 ) (4,000 ) (9,736 )
At 31 December 2024 1,619 4,165 5,784
NET BOOK VALUE
At 31 December 2024 871 1,433 2,304
At 31 December 2023 2,348 2,171 4,519

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 68,556 80,847
Prepayments and other debtors 1,020 4,243
69,576 85,090

Elite Personnel Services Limited (Registered number: 04087425)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 4,562 6,994
Taxation and social security 27,046 50,085
Other creditors 16,977 14,529
48,585 71,608

8. ULTIMATE CONTROLLING PARTY

The controlling party is D A Austin.