REGISTERED NUMBER: 08844489 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

ELITE PAVE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr I Iqbal

SECRETARY:

REGISTERED OFFICE:

Unit 5

329 London Road

Hemel Hempstead

Hertfordshire

HP3 9AL

REGISTERED NUMBER:

08844489 (England and Wales)

ACCOUNTANTS:

Visana

45 Greenways

Abbots Langley

Hertfordshire

WD5 0EU

BUSINESS ADDRESS:

Unit 5

329 London Road

Hemel Hempstead

Herts

HP3 9AL

FIXED ASSETS

Tangible assets

4

259,073

246,894

CURRENT ASSETS

Debtors

5

110,757

135,583

Cash at bank

-

48,392

110,757

183,975

CREDITORS

Amounts falling due within one year

6

197,090

158,904

NET CURRENT (LIABILITIES)/ASSETS

(86,333

)

25,071

TOTAL ASSETS LESS CURRENT LIABILITIES

172,740

271,965

CREDITORS

Amounts falling due after more than one year

7

162,017

191,395

NET ASSETS

10,723

80,570

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

10,623

80,470

SHAREHOLDERS' FUNDS

10,723

80,570

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 10 December 2025 and were signed by:

Mr I Iqbal - Director

1.	STATUTORY INFORMATION

Elite Pave 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

10% on cost

Fixtures, fittings & Equipment

-

15% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

Plant and

fittings

machinery

& Equipment

Totals

£

£

£

COST

At 1 February 2024

387,383

36,696

424,079

Additions

36,680

799

37,479

At 31 January 2025

424,063

37,495

461,558

DEPRECIATION

At 1 February 2024

150,285

26,900

177,185

Charge for year

23,710

1,590

25,300

At 31 January 2025

173,995

28,490

202,485

NET BOOK VALUE

At 31 January 2025

250,068

9,005

259,073

At 31 January 2024

237,098

9,796

246,894

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Amounts owed by associates

110,757

135,583

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

17,051

-

VAT

4,037

480

Directors' current accounts

26,002

8,424

Payments Received in Advance

150,000

150,000

197,090

158,904

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Hire purchase contracts

47,157

50,196

Bank Loan

27,162

22,605

Loan Creditor

87,698

118,594

162,017

191,395

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

£

100

Ordinary

100

100

100

9.

RESERVES

Retained

earnings

£

At 1 February 2024

80,470

Deficit for the year

(69,847

)

At 31 January 2025

10,623