Acorah Software Products - Accounts Production 16.5.460 false true true 28 February 2024 1 March 2023 false 29 February 2024 28 February 2025 28 February 2025 09454341 Mr Terence Marsh Mr Darren Price it's Directors false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09454341 2024-02-28 09454341 2025-02-28 09454341 2024-02-29 2025-02-28 09454341 frs-core:CurrentFinancialInstruments 2025-02-28 09454341 frs-core:Non-currentFinancialInstruments 2025-02-28 09454341 frs-core:ShareCapital 2025-02-28 09454341 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 09454341 frs-bus:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 09454341 frs-bus:FilletedAccounts 2024-02-29 2025-02-28 09454341 frs-bus:SmallEntities 2024-02-29 2025-02-28 09454341 frs-bus:AuditExempt-NoAccountantsReport 2024-02-29 2025-02-28 09454341 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 09454341 1 2024-02-29 2025-02-28 09454341 frs-bus:Director1 2024-02-29 2025-02-28 09454341 frs-bus:Director1 2024-02-28 09454341 frs-bus:Director1 2025-02-28 09454341 frs-bus:Director2 2024-02-29 2025-02-28 09454341 frs-bus:Director2 2024-02-28 09454341 frs-bus:Director2 2025-02-28 09454341 frs-countries:EnglandWales 2024-02-29 2025-02-28 09454341 2023-02-28 09454341 2024-02-28 09454341 2023-03-01 2024-02-28 09454341 frs-core:CurrentFinancialInstruments 2024-02-28 09454341 frs-core:Non-currentFinancialInstruments 2024-02-28 09454341 frs-core:ShareCapital 2024-02-28 09454341 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28
Registered number: 09454341
Elite Labour Agency Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Brisan Accountancy Ltd
Canada House, First Floor, 20/20 Business Park
Maidstone
Kent
ME16 0LS
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09454341
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 44,602 52,859
Cash at bank and in hand 13,679 8,789
58,281 61,648
Creditors: Amounts Falling Due Within One Year 5 (44,708 ) (39,113 )
NET CURRENT ASSETS (LIABILITIES) 13,573 22,535
TOTAL ASSETS LESS CURRENT LIABILITIES 13,573 22,535
Creditors: Amounts Falling Due After More Than One Year 6 (3,860 ) (14,073 )
NET ASSETS 9,713 8,462
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 9,711 8,460
SHAREHOLDERS' FUNDS 9,713 8,462
For the year ending 28 February 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 directors acknowledge their 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.
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 Terence Marsh
Director
Mr Darren Price
Director
2 July 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Elite Labour Agency Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09454341 . The registered office is Unit 4 Centurion Park, Ceasars Way, Folkstone, Kent, CT19 4AH.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 7,535 -
Amounts owed by associates 37,067 52,859
44,602 52,859
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 316 -
Bank loans and overdrafts 10,000 9,898
Other taxes and social security 5,961 4,683
VAT 16,824 19,966
Accruals and deferred income 7,274 233
Directors' loan accounts 4,333 4,333
44,708 39,113
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 3,860 14,073
Page 2
Page 3
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
8. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans to directors:
As at 29 February 2024 Amounts advanced Amounts repaid Amounts written off As at 28 February 2025
£ £ £ £ £
Mr Terence Marsh 2,167 - - - 2,167
Mr Darren Price 2,167 - - - 2,167
The above loan is unsecured, interest free, repayable on demand and ranks equally with other unsecured creditors of the company.
9. Related Party Transactions
At the year end the company was owed £37,067 (2024: £52,858) by a company under common control.
10. Controlling Party
The company's controlling party is it's Directors by virtue of their ownership of 50% each of the issued share capital in the company.
Page 3