Company No: 15183696 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

Diane Liza Rosemin Culligan (Appointed 03 October 2023)

REGISTERED OFFICE	22 Chancery Lane
	London
	WC2A 1LS
	United Kingdom

COMPANY NUMBER

15183696 (England and Wales)

	Note	31.10.2024
		£
Fixed assets
Tangible assets	3	1,898
		1,898
Current assets
Debtors	4	278,407
Cash at bank and in hand		527,799
		806,206
Creditors: amounts falling due within one year	5	( 350,632)
Net current assets		455,574
Total assets less current liabilities		457,472
Net assets		457,472
Capital and reserves
Called-up share capital		100
Profit and loss account		457,372
Total shareholder's funds		457,472

For the financial period ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Elsa Sports Consultancy Limited (registered number: 15183696) were approved and authorised for issue by the Director on 04 September 2025. They were signed on its behalf by:

Diane Liza Rosemin Culligan Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Elsa Sports Consultancy Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 22 Chancery Lane, London, WC2A 1LS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Reporting period length

Reporting period length is 03 October 2023 to 31 October 2024. The reporting period is from the date of incorporation to end of the accounting period.

Turnover

Turnover is stated net of VAT and is recognised when the service has been provided and the related economic benefits are probable of flowing to the business, and the amount can be reliably measured. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment

5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	Period from 03.10.2023 to 31.10.2024
	Number
Monthly average number of persons employed by the company during the period, including the director	1

3. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 03 October 2023	0		0
Additions	2,083		2,083
At 31 October 2024	2,083		2,083
Accumulated depreciation
At 03 October 2023	0		0
Charge for the financial period	185		185
At 31 October 2024	185		185
Net book value
At 31 October 2024	1,898		1,898

4. Debtors

	31.10.2024
	£
Trade debtors	271,616
Amounts owed by director (note 6)	3,358
Prepayments	859
Other debtors	2,574
	278,407

At the balance sheet date, the amount owed by the Director was £3,358. The amount is unsecured, interest free and repayable on demand.

5. Creditors: amounts falling due within one year

	31.10.2024
	£
Accruals and deferred income	106,971
Corporation tax	161,091
Other taxation and social security	82,570
	350,632

6. Related party transactions

Transactions with the entity's director

	31.10.2024
	£
Amounts owed by the entity's director	3,358

During the year, Elsa Sports Consultancy Limited advanced £5,085 to the director. During the year, the director repaid £1,727 to Elsa Sports Consultancy Limited. The loan is interest free and repayable on demand.