Company registration number 12418977 (England and Wales)
ELOREHAI LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
PAGES FOR FILING WITH REGISTRAR
ELOREHAI LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
ELOREHAI LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2025
31 January 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
50,377
67,858
Current assets
Debtors
5
8,350
80,861
Cash at bank and in hand
82,067
33,299
90,417
114,160
Creditors: amounts falling due within one year
6
(4,031)
(3,820)
Net current assets
86,386
110,340
Total assets less current liabilities
136,763
178,198
Provisions for liabilities
(9,572)
(12,893)
Net assets
127,191
165,305
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
127,091
165,205
Total equity
127,191
165,305

The notes on pages 3 to 6 form part of these financial statements.

ELOREHAI LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 JANUARY 2025
31 January 2025
- 2 -

For the financial year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 15 October 2025 and are signed on its behalf by:
Mr P J White
Director
Company registration number 12418977 (England and Wales)
ELOREHAI LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
- 3 -
1
Accounting policies
Company information

Elorehai Limited is a private company limited by shares incorporated in England and Wales. The registered office is 10 Ambassador Place, Stockport Road, Altrincham, Cheshire, WA15 8DB.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Revenue comprises sales of services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

Revenue from contracts for the provision of services is recognised when the work is completed and the service has been delivered to the client. Where a contract spans a period of time, revenue is recognised on a stage-of-completion basis when the outcome can be reliably estimated. If the outcome cannot be reliably estimated, revenue is recognised only to the extent that recoverable expenses have been incurred.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Office equipment
25% Straight line basis
Motor vehicles
25% Reducing balance basis

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.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

ELOREHAI LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
1
Accounting policies
(Continued)
- 4 -
1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

ELOREHAI LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
1
Accounting policies
(Continued)
- 5 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.8
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
3
3
4
Tangible fixed assets
Office equipment
Motor vehicles
Total
£
£
£
Cost
At 1 February 2024 and 31 January 2025
4,279
90,975
95,254
Depreciation and impairment
At 1 February 2024
2,397
24,999
27,396
Depreciation charged in the year
987
16,494
17,481
At 31 January 2025
3,384
41,493
44,877
Carrying amount
At 31 January 2025
895
49,482
50,377
At 31 January 2024
1,882
65,976
67,858
ELOREHAI LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 6 -
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
-
0
3,000
Other debtors
8,350
77,861
8,350
80,861
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
113
-
0
Other creditors
3,918
3,820
4,031
3,820
7
Directors' transactions

Advances or credits have been granted by the company to its directors as follows:

Description
% Rate
Opening balance
Amounts advanced
Amounts repaid
Closing balance
£
£
£
£
Advance to directors
2.25
76,776
5,657
(76,776)
5,657
76,776
5,657
(76,776)
5,657

The loan was repayable on demand.

2025-01-31 2024-02-01 false false false 15 October 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mrs D J White Mr P J White 12418977 2024-02-01 2025-01-31 12418977 2025-01-31 12418977 2024-01-31 12418977 core:ComputerEquipment 2025-01-31 12418977 core:MotorVehicles 2025-01-31 12418977 core:ComputerEquipment 2024-01-31 12418977 core:MotorVehicles 2024-01-31 12418977 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 12418977 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 12418977 core:ShareCapital 2025-01-31 12418977 core:ShareCapital 2024-01-31 12418977 core:RetainedEarningsAccumulatedLosses 2025-01-31 12418977 core:RetainedEarningsAccumulatedLosses 2024-01-31 12418977 bus:Director2 2024-02-01 2025-01-31 12418977 core:ComputerEquipment 2024-02-01 2025-01-31 12418977 core:MotorVehicles 2024-02-01 2025-01-31 12418977 2023-02-01 2024-01-31 12418977 core:ComputerEquipment 2024-01-31 12418977 core:MotorVehicles 2024-01-31 12418977 2024-01-31 12418977 core:CurrentFinancialInstruments 2025-01-31 12418977 core:CurrentFinancialInstruments 2024-01-31 12418977 core:WithinOneYear 2025-01-31 12418977 core:WithinOneYear 2024-01-31 12418977 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 12418977 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 12418977 bus:FRS102 2024-02-01 2025-01-31 12418977 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 12418977 bus:Director1 2024-02-01 2025-01-31 12418977 bus:FullAccounts 2024-02-01 2025-01-31 xbrli:pure xbrli:shares iso4217:GBP