REGISTERED NUMBER: 11656134 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2024

for

Elite Plant Training (Staffordshire) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J E T Badham

REGISTERED OFFICE:

Bank Farm

Maversyn Ridware

Rugeley

Staffordshire

WS15 3QD

REGISTERED NUMBER:

11656134 (England and Wales)

ACCOUNTANTS:

Rice & Co Limited

Chartered Accountants

14a Market Place

Uttoxeter

Staffordshire

ST14 8HP

FIXED ASSETS

Tangible assets

4

56,863

24,391

Investments

5

5,289

-

62,152

24,391

CURRENT ASSETS

Debtors

6

33,173

29,688

Cash at bank

-

77

33,173

29,765

CREDITORS

Amounts falling due within one year

7

58,603

39,568

NET CURRENT LIABILITIES

(25,430

)

(9,803

)

TOTAL ASSETS LESS CURRENT LIABILITIES

36,722

14,588

CREDITORS

Amounts falling due after more than one year

8

(19,822

)

(5,261

)

PROVISIONS FOR LIABILITIES

(14,570

)

(5,460

)

NET ASSETS

2,330

3,867

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,330

2,867

SHAREHOLDERS' FUNDS

2,330

3,867

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30th September 2025 and were signed by:

Mr J E T Badham - Director

1.	STATUTORY INFORMATION

Elite Plant Training (Staffordshire) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and value added tax. Turnover is recognised when services have been provided resulting in the company obtaining the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st January 2024

24,206

15,700

2,900

417

43,223

Additions

41,250

4,756

-

-

46,006

At 31st December 2024

65,456

20,456

2,900

417

89,229

DEPRECIATION

At 1st January 2024

10,516

7,637

425

254

18,832

Charge for year

10,463

2,315

619

137

13,534

At 31st December 2024

20,979

9,952

1,044

391

32,366

NET BOOK VALUE

At 31st December 2024

44,477

10,504

1,856

26

56,863

At 31st December 2023

13,690

8,063

2,475

163

24,391

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

5,289

At 31st December 2024

5,289

NET BOOK VALUE

At 31st December 2024

5,289

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

10,218

7,063

Other debtors

22,955

22,625

33,173

29,688

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

6

-

Hire purchase contracts

8,862

1,905

Trade creditors

8,346

48

Taxation and social security

39,500

32,632

Other creditors

1,889

4,983

58,603

39,568

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

19,822

5,261

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st December 2024 and 31st December 2023:

2024

2023

£

£

Mr J E T Badham

Balance outstanding at start of year

22,625

-

Amounts advanced

99,492

52,625

Amounts repaid

(99,162

)

(30,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

22,955

22,625

Interest of £696 (2023 - £362) at a rate of 2.25% (2023 - rates of 2.0% and 2.25%) has been paid to the company in respect of these advances and there were no fixed terms for repayment.