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Company Registration No. 13070648 (England and Wales)
Elegpro Ltd Unaudited accounts for the year ended 31 March 2025
Elegpro Ltd Unaudited accounts Contents
Page
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Elegpro Ltd Company Information for the year ended 31 March 2025
Director
Shiv Prakash Soni
Company Number
13070648 (England and Wales)
Registered Office
71-75 Shelton Street Covent Garden London WC2H 9JQ United Kingdom
Accountants
GCA (Scotland) Ltd 18 Clermiston Road North Edinburgh EH4 7BL
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Elegpro 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 Elegpro Ltd for the year ended 31 March 2025 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at https://www.icas.com/professional-resources/practice/support-and-guidance/framework-for-the-preparation-of-accounts-revised-june-2020.
This report is made solely to the Board of Directors of Elegpro Ltd, as a body, in accordance with the terms of our engagement letter dated 21 March 2022. Our work has been undertaken solely to prepare for your approval the accounts of Elegpro Ltd and state those matters that we have agreed to state to the Board of Directors of Elegpro Ltd, as a body, in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at https://www.icas.com/professional-resources/practice/support-and-guidance/framework-for-the-preparation-of-accounts-revised-june-2020. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Elegpro Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Elegpro 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 loss of Elegpro Ltd. You consider that Elegpro 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 Elegpro 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.
GCA (Scotland) Ltd Chartered Accountants 18 Clermiston Road North Edinburgh EH4 7BL 8 August 2025
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Elegpro Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
751 
Investment property
166,361 
166,361 
166,361 
167,112 
Current assets
Debtors
- 
2,490 
Cash at bank and in hand
45,969 
54,720 
45,969 
57,210 
Creditors: amounts falling due within one year
(37,106)
(38,508)
Net current assets
8,863 
18,702 
Total assets less current liabilities
175,224 
185,814 
Creditors: amounts falling due after more than one year
(87,614)
(90,755)
Net assets
87,610 
95,059 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
87,510 
94,959 
Shareholders' funds
87,610 
95,059 
For the year ending 31 March 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 8 August 2025 and were signed on its behalf by
Shiv Prakash Soni Director Company Registration No. 13070648
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Elegpro Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Elegpro Ltd is a private company, limited by shares, registered in England and Wales, registration number 13070648. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, 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.
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.
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
3 Years
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Elegpro Ltd Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2024
1,570 
Disposals
(1,570)
At 31 March 2025
- 
Depreciation
At 1 April 2024
819 
Charge for the year
523 
On disposals
(1,342)
At 31 March 2025
- 
Net book value
At 31 March 2025
- 
At 31 March 2024
751 
5
Investment property
2025 
£ 
Fair value at 1 April 2024
166,361 
At 31 March 2025
166,361 
The directors have valued the investment property at fair value.
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
2,490 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
3,000 
3,000 
Other creditors
207 
171 
Loans from directors
206 
884 
Accruals
33,693 
34,453 
37,106 
38,508 
The bank loan of £3,000 is secured against the investment property.
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Elegpro Ltd Notes to the Accounts for the year ended 31 March 2025
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
87,614 
90,755 
Aggregate of amounts that fall due for payment after five years
75,614 
78,755 
The bank loan of £87,614 is secured against the investment property.
9
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Shiv Prakash Soni
DIrectors Loan
(884)
2,165 
1,487 
(206)
(884)
2,165 
1,487 
(206)
At the start of the year the company owed £884 to the director. During the year the director advanced or paid business expenditure amounting to £2,165. The company repaid £1,487 during the year. At the end of the year the company owes £206 to the director.
11
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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