2024-04-01 2025-03-31 false Capium Accounts Production 1.1 07214256 2024-04-01 2025-03-31 07214256 bus:AbridgedAccounts 2024-04-01 2025-03-31 07214256 bus:FRS102 2024-04-01 2025-03-31 07214256 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 07214256 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07214256 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07214256 2024-04-01 2025-03-31 07214256 2025-03-31 07214256 bus:RegisteredOffice 2024-04-01 2025-03-31 07214256 core:WithinOneYear 2025-03-31 07214256 core:AfterOneYear 2025-03-31 07214256 1 2024-04-01 2025-03-31 07214256 bus:Director1 2024-04-01 2025-03-31 07214256 bus:Director1 2025-03-31 07214256 bus:Director1 2023-04-01 2024-03-31 07214256 bus:Director2 2024-04-01 2025-03-31 07214256 bus:Director2 2025-03-31 07214256 bus:Director2 2023-04-01 2024-03-31 07214256 bus:Director3 2024-04-01 2025-03-31 07214256 bus:Director3 2025-03-31 07214256 bus:Director3 2023-04-01 2024-03-31 07214256 2023-04-01 07214256 bus:LeadAgentIfApplicable 2024-04-01 2025-03-31 07214256 2023-04-01 2024-03-31 07214256 2024-03-31 07214256 core:WithinOneYear 2024-03-31 07214256 core:AfterOneYear 2024-03-31 07214256 bus:EntityAccountantsOrAuditors 2023-04-01 2024-03-31 07214256 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 07214256 bus:OrdinaryShareClass1 2025-03-31 07214256 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 07214256 bus:OrdinaryShareClass1 2024-03-31 07214256 core:ComputerEquipment 2024-04-01 2025-03-31 07214256 core:ComputerEquipment 2025-03-31 07214256 core:ComputerEquipment 2024-03-31 07214256 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2025-03-31 07214256 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-03-31 07214256 core:CostValuation core:Non-currentFinancialInstruments 2025-03-31 07214256 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 07214256 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2025-03-31 07214256 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2025-03-31 07214256 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2025-03-31 07214256 core:Non-currentFinancialInstruments 2025-03-31 07214256 core:Non-currentFinancialInstruments 2024-03-31 07214256 core:ShareCapital 2025-03-31 07214256 core:ShareCapital 2024-03-31 07214256 core:RetainedEarningsAccumulatedLosses 2025-03-31 07214256 core:RetainedEarningsAccumulatedLosses 2024-03-31 07214256 dpl:Item1 2024-04-01 07214256 dpl:Item1 2025-03-31 07214256 dpl:Item1 2023-04-01 07214256 dpl:Item1 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 07214256
England and Wales

 

 

 

ELITE EMC LTD



Abridged Accounts
 


Period of accounts

Start date: 01 April 2024

End date: 31 March 2025
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts Elite EMC Ltd for the year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Elite EMC Ltd for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.

This report is made solely to the Board of Directors of Elite EMC Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Elite EMC Ltd and state those matters that we have agreed to state to the Board of Directors of Elite EMC Ltd, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Elite EMC Ltd and its Board of Directors as a body for our work or for this report

It is your duty to ensure that Elite EMC Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit Elite EMC Ltd. You consider that Elite EMC Ltd is exempt from the statutory audit requirement for the year

We have not been instructed to carry out an audit or a review of the accounts of Elite EMC Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.



....................................................
Doyles
51 Station Road
Marston Green
Birmingham
West Midlands
B37 7AB
27 June 2025
1
 
 
Notes
 
2025
£
  2024
£
Fixed assets      
Tangible fixed assets 3 398    919 
398    919 
Current assets      
Stocks 15,000    15,000 
Debtors: amounts falling due within one year 6,706    17,959 
Cash at bank and in hand 48,901    10,266 
70,607    43,225 
Creditors: amount falling due within one year (77,592)   (34,342)
Net current assets (6,985)   8,883 
 
Total assets less current liabilities (6,587)   9,802 
Provisions for liabilities (76)   (175)
Net assets (6,663)   9,627 
 

Capital and reserves
     
Called up share capital 4 100    100 
Profit and loss account (6,763)   9,527 
Shareholders' funds (6,663)   9,627 
 


For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 27 June 2025 and were signed on its behalf by:


-------------------------------
David Hobbs
Director
2
General Information
Elite EMC Ltd is a private company, limited by shares, registered in England and Wales, registration number 07214256, registration address Enterprise Centre, 1 Hedingham Grove, Birmingham, West Midlands, B37 7TP.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Research and development expenditure
Research and development expenditure is charged to the income statement in the period in which it is incurred.
Website cost
Planning and operating costs for the company's website are charged to the income statement as incurred.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 25% Straight Line
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 4 (2024 : 3).
3.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 01 April 2024 6,075    6,075 
Additions  
Disposals  
At 31 March 2025 6,075    6,075 
Depreciation
At 01 April 2024 5,156    5,156 
Charge for year 521    521 
On disposals  
At 31 March 2025 5,677    5,677 
Net book values
Closing balance as at 31 March 2025 398    398 
Opening balance as at 01 April 2024 919    919 


4.

Share Capital

Allotted, called up and fully paid
2025
£
  2024
£
100 Class A shares of £1.00 each 100    100 
100    100 

5.

Ultimate Controlling Party

The ultimate controlling parties are the directors, by virtue of their 100% holding of the companys issued share capital.       
3