Elite Power And Energy Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 12342659

		2024		2023
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	14,597		15,608
Cash at bank and in hand		15		3

		14,612		15,611
Creditors: Amounts Falling Due Within One Year	5	(205 )		(54,542 )

NET CURRENT ASSETS (LIABILITIES)			14,407		(38,931 )

TOTAL ASSETS LESS CURRENT LIABILITIES			14,407		(38,931 )

NET ASSETS/(LIABILITIES)			14,407		(38,931 )

CAPITAL AND RESERVES
Called up share capital	6		100		100
Profit and Loss Account			14,307		(39,031 )

SHAREHOLDERS' FUNDS			14,407		(38,931)

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Jordan Shepherd Director	Mr Charlie Hatt Director
26/09/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Elite Power And Energy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12342659 . The registered office is 8 Brunel Gate, Harworth, Doncaster, DN11 8QB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts

2.3. Debtors

Trade and other debtors that are receivable within one year and do not constitute a financing transaction are recorded at the undiscounted amount expected to be received, net of impairment. Those that are receivable after more than one year or that constitute a financing transaction are recorded initially at fair value less transaction costs and subsequently at amortised cost, net of impairment

2.4. Creditors

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

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Debtors

	2024	2023
	£	£
Due within one year
Amounts owed by group undertakings	-	1,043
Other debtors	14,597	14,565

	14,597	15,608

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	55	197
Amounts owed to group undertakings	-	54,345
Other creditors	150	-

	205	54,542

6. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

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Elite Power And Energy Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2024

7. Exceptional Items

The exceptional items relate to intercompany loan write offs in the year following a realignment to streamline the group business.

Provisions against irrecoverable balances due to connected parties total a credit of £53,744, and have been recognised in the Income Statement

8. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Elite Recruitment Group Ltd .

The ultimate parent undertaking and the smallest and largest group for which group accounts are drawn up, of which the company is a member is Elite Recruitment Group Ltd (incorporated in England and Wales). It's registered office is 8 Brunel Gate, Harworth DN11 8QB.

Copies of the accounts for the parent undertaking may be obtained from Companies House.

9. Audit Information

The auditor's report on the accounts of Elite Power And Energy Limited for the year ended 30 June 2024 was unqualified.

The auditor's report was signed by Kelvin Fitton BA FCA (Senior Statutory Auditor) for and on behalf of Xeinadin Audit Limited , Statutory Auditor.

Xeinadin Audit Limited

Sidings House

Sidings Court

Lakeside

Doncaster

DN4 5NU

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