REGISTERED NUMBER: 08861724 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

ELEGANT COMMUNICATION UK LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mr A Constantinides

REGISTERED OFFICE:

c/o Taxcorner UK Limited

869 High Road

London

N12 8QA

REGISTERED NUMBER:

08861724 (England and Wales)

FIXED ASSETS

Tangible assets

4

214

285

Investments

5

5,074

4,771

5,288

5,056

CURRENT ASSETS

Debtors

6

43,958

43,083

Cash at bank

3,658

3,168

47,616

46,251

CREDITORS

Amounts falling due within one year

7

59,297

61,111

NET CURRENT LIABILITIES

(11,681

)

(14,860

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(6,393

)

(9,804

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

(7,393

)

(10,804

)

SHAREHOLDERS' FUNDS

(6,393

)

(9,804

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 24 October 2025 and were signed by:

Mr A Constantinides - Director

1.	STATUTORY INFORMATION

Elegant Communication UK 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.

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 as modified by the revaluation of certain assets.

The financial statements have been prepared on a going concern basis as the directors are satisfied that the company will have adequate resources to meet its liabilities to third parties as they fall due.

Turnover

Turnover represents fee income receivable during the year excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are initially recognised at cost and measured at their subsequent market value.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 February 2024

and 31 January 2025

996

1,158

2,154

DEPRECIATION

At 1 February 2024

844

1,025

1,869

Charge for year

38

33

71

At 31 January 2025

882

1,058

1,940

NET BOOK VALUE

At 31 January 2025

114

100

214

At 31 January 2024

152

133

285

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST OR VALUATION

At 1 February 2024

4,771

Revaluations

303

At 31 January 2025

5,074

NET BOOK VALUE

At 31 January 2025

5,074

At 31 January 2024

4,771

Cost or valuation at 31 January 2025 is represented by:

Shares in

group

undertakings

£

Valuation in 2025

304

Valuation in 2024

(3,753

)

Cost

8,523

5,074

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

43,958

43,083

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

84

Trade creditors

45,841

47,837

Taxation and social security

6,956

6,690

Other creditors

6,500

6,500

59,297

61,111

8.	RELATED PARTY DISCLOSURES

Included in debtors, amounts falling due within one year, is an amount of £43,708 (2024: £42,136) due from the shareholder of the company. Interest at 2.5% amounting to £1,060 (2024: £1,125) has been charged during the year.

9.	ULTIMATE CONTROLLING PARTY

During the period under review, the company was under the control of Mr I Vogiatzakis by virtue of his 100% shareholding in the issued share capital of the company.