Elite Capital and Management Services Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10347767

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		30,607		-
Tangible Assets	5		3,616		4,820

			34,223		4,820
CURRENT ASSETS
Debtors	6	136,897		240,340
Cash at bank and in hand		784,414		237,965

		921,311		478,305
Creditors: Amounts Falling Due Within One Year	7	(50,705 )		(455,008 )

NET CURRENT ASSETS (LIABILITIES)			870,606		23,297

TOTAL ASSETS LESS CURRENT LIABILITIES			904,829		28,117

NET ASSETS			904,829		28,117

CAPITAL AND RESERVES
Called up share capital	8		220,936		175,019
Share premium account			3,699,077		2,711,639
Profit and Loss Account			(3,015,184 )		(2,858,541 )

SHAREHOLDERS' FUNDS			904,829		28,117

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Elite Capital and Management Services Limited

Balance Sheet (continued)

As At 31 January 2025

For the year ending 31 January 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

Anouar Adham

Director

28 October 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Elite Capital and Management Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10347767 . The registered office is Solar House, 3rd Floor, 1-9 Romford Road, London, E15 4LJ.

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. Turnover

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales taxes or duty. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue 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.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. No depreciation is provided in the year of acquisition. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% of reducing balance
Furniture, fixtures and equipment	25% of reducing balance
Computer Equipment	25% of reducing balance

2.4. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 8)

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Elite Capital and Management Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 February 2024	-
Additions	30,607

As at 31 January 2025	30,607

Net Book Value
As at 31 January 2025	30,607

As at 1 February 2024	-

Intangible assets comprise costs incurred in the development of the website. These are recognised as intangible assets only when the expenditure meets the criteria set out in Section 18 of FRS 102.

Assets under development are assessed for impairment at each reporting date and when indicators of impairment exist. Once development is complete, these intangible assets are measured at cost less any accumulated amortisation and accumulated impairment losses.

5. Tangible Assets

	Plant & Machinery	Furniture, fixtures and equipment	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 February 2024	1,454	2,986	6,464	10,904

As at 31 January 2025	1,454	2,986	6,464	10,904

Depreciation
As at 1 February 2024	1,045	2,152	2,887	6,084
Provided during the period	102	206	896	1,204

As at 31 January 2025	1,147	2,358	3,783	7,288

Net Book Value
As at 31 January 2025	307	628	2,681	3,616

As at 1 February 2024	409	834	3,577	4,820

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Elite Capital and Management Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	12,219	6,424
Other debtors	25,879	6,880
VAT	45,419	-
Amounts owed by other related parties	53,380	227,036

	136,897	240,340

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other taxes and social security	11,679	276
Other creditors	5,612	1,956
Accruals and deferred income	2,475	2,070
Amounts owed to related parties	30,939	450,706

	50,705	455,008

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	220,936	175,019

9. Related Party Transactions

Included in creditors due within one year is an amount of £30,939 (2024: £450,706) owed to entities in which the directors of the company have beneficial interest. The amount is interest free and repayable on demand.

Included in debtors due within one year is an amount of £53,380 (2024: £227,036) owed by entities in which the directors of the company have beneficial interest. The amount is interest free and receivable on demand.

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