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Company Registration No. 09795958 (England and Wales)
Elite Innovation College Cambridge Ltd Unaudited accounts for the year ended 30 September 2024
Elite Innovation College Cambridge Ltd Unaudited accounts Contents
Page
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Elite Innovation College Cambridge Ltd Company Information for the year ended 30 September 2024
Director
Hua Li
Company Number
09795958 (England and Wales)
Registered Office
ST JOHNS INNOVATION CENTRE COWLEY ROAD CAMBRIDGE CB4 0WS UNITED KINGDOM
Accountants
Tax Return Accountants Ltd 26 Spinning Wheelway Hackbridge Wallington GB SM6 7DS
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Elite Innovation College Cambridge Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
2,250 
6,331 
Creditors: amounts falling due within one year
(350)
(300)
Net current assets
1,900 
6,031 
Total assets less current liabilities
1,900 
6,031 
Creditors: amounts falling due after more than one year
(31,144)
(24,288)
Net liabilities
(29,244)
(18,257)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(29,246)
(18,259)
Shareholders' funds
(29,244)
(18,257)
For the year ending 30 September 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 14 July 2025 and were signed on its behalf by
Hua Li Director Company Registration No. 09795958
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Elite Innovation College Cambridge Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Elite Innovation College Cambridge Ltd is a private company, limited by shares, registered in England and Wales, registration number 09795958. The registered office is ST JOHNS INNOVATION CENTRE, COWLEY ROAD, CAMBRIDGE, CB4 0WS, 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 financial statements have been prepared under the historical cost convention unless otherwise specified with these accounting policies and in accordance with Financial Reporting Standard 101 'Reduced Disclosure Framework' and the Companies Act 2006.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Going concern
These financial statements have been prepared on a going concern basis under the historical cost convention and in accordance with the Companies Act 2006. The director acknowledges the latest guidance on going concern. The director has a reasonable expectation that the Company has adequate resources to continue in operational excellence for a period of twelve months from the date of the approval of the financial statements and, therefore, he continues to adopt the going concern basis in preparing the annual financial statements.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
350 
300 
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Elite Innovation College Cambridge Ltd Notes to the Accounts for the year ended 30 September 2024
5
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
31,144 
24,288 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
7
Transactions with related parties
The director made a loan of £34,144 to the Company, being interest free, unsecured and repayable by demand.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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