Elite Capital Group Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 13365046

		31 December 2024		30 April 2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	1,896,322		1,577,211
Cash at bank and in hand		7,815		100,917

		1,904,137		1,678,128
Creditors: Amounts Falling Due Within One Year	5	(920,518 )		(658,105 )

NET CURRENT ASSETS (LIABILITIES)			983,619		1,020,023

TOTAL ASSETS LESS CURRENT LIABILITIES			983,619		1,020,023

Creditors: Amounts Falling Due After More Than One Year	6		(1,241,915 )		(1,188,910 )

NET LIABILITIES			(258,296 )		(168,887 )

CAPITAL AND RESERVES
Called up share capital	7		200		200
Profit and Loss Account			(258,496 )		(169,087 )

SHAREHOLDERS' FUNDS			(258,296)		(168,887)

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Elite Capital Group Limited

Balance Sheet (continued)

As At 31 December 2024

For the period ending 31 December 2024 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

Gianmaria Panini Director	Markus Zeller Director
5 November 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Elite Capital Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13365046 . The registered office is 809 Salisbury House, 29 Finsbury Circus, London, England, EC2M 7AQ.

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. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The directors believe that the company would have sufficient resources to continue to trade for foreseeable future.

2.3. 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:

Interest income

Revenue is recognised as interest accrues using the effective interest method.

2.4. Reporting period

The comparative figures are for a full year, while the current period covers the shortened accounting period from 1 May 2024 to 31 December 2024.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 2 (2024: 2)

4. Debtors

	31 December 2024	30 April 2024
	£	£
Due within one year
Amounts owed by group undertakings	754	653
Due after more than one year
Amounts owed by group undertakings	1,895,568	1,576,558

	1,896,322	1,577,211

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Elite Capital Group Limited

Notes to the Financial Statements (continued)

For the Period 1 May 2024 to 31 December 2024

5. Creditors: Amounts Falling Due Within One Year

	31 December 2024	30 April 2024
	£	£
Accruals and deferred income	90,806	58,323
Directors' loan accounts	829,712	599,782

	920,518	658,105

6. Creditors: Amounts Falling Due After More Than One Year

	31 December 2024	30 April 2024
	£	£
Amounts owed to related parties	1,241,915	1,188,910

7. Share Capital

	31 December 2024	30 April 2024
	£	£
Allotted, Called up and fully paid	200	200

8. Related Party Transactions

Included in debtors due within one year is an amount of £754 (2024: £653) owed by its group undertakings. The amount is interest-free and receivable on demand.

Included in debtors due after more than one year is an amount of £1,895,568 (2024: £1,576,558 ) owed by its subsidiary undertakings. The amount is interest-free and receivable on demand.

Included in creditors due within one year is an amount of £829,712 (2024: £599,782) owed to its directors. The amount is interest free and repayable on demand.

Included in creditors due after more than one year is an amount of £1,241,915 (2024: £1,188,910) owed to its related party.

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