Elov Ltd

	Page
Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—5

Registered number: 13137471

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		28,009		24,908

			28,009		24,908
CURRENT ASSETS
Debtors	5	1,445		1,862
Cash at bank and in hand		1,243		258

		2,688		2,120
Creditors: Amounts Falling Due Within One Year	6	(17,850 )		(7,515 )

NET CURRENT ASSETS (LIABILITIES)			(15,162 )		(5,395 )

TOTAL ASSETS LESS CURRENT LIABILITIES			12,847		19,513

NET ASSETS			12,847		19,513

CAPITAL AND RESERVES
Called up share capital	7		1,200		1,200
Share premium account			2,550		2,550
Profit and Loss Account			9,097		15,763

SHAREHOLDERS' FUNDS			12,847		19,513

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Elov Ltd

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 director acknowledges his 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

R Hope

Director

31/10/2025

The notes on pages 4 to 5 form part of these financial statements.

	Share Capital	Share Premium	Profit and Loss Account	Total
	£	£	£	£
As at 1 February 2023	1,200	2,550	10,910	14,660
Profit for the year and total comprehensive income	-	-	4,853	4,853

As at 31 January 2024 and 1 February 2024	1,200	2,550	15,763	19,513


Loss for the year and total comprehensive income	-	-	(6,666 )	(6,666)

As at 31 January 2025	1,200	2,550	9,097	12,847

1. General Information

Elov Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13137471 . The registered office is C/O Digi Accountancy, Sun House, 2 - 4 Little Peter Street, Manchester, M15 4PS.

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. Significant judgements and estimations

In the application of the company’s accounting policies, the director is 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.

There have been no judgements, estimates or assumptions made in the preparation of these financial statements.

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.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:

Motor Vehicles

20% straight line

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Tangible Assets

	Motor Vehicles
	£
Cost
As at 1 February 2024	36,088
Additions	11,330

As at 31 January 2025	47,418

Depreciation
As at 1 February 2024	11,180
Provided during the period	8,229

As at 31 January 2025	19,409

...CONTINUED

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Elov Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

Net Book Value
As at 31 January 2025	28,009

As at 1 February 2024	24,908

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,429	1,846
Other taxes and social security	16	16

	1,445	1,862

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	1,432	3,071
Director's loan account	16,418	4,444

	17,850	7,515

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,200	1,200

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