ELITE ACCOUNTING SERVICES (LEICESTER) LIMITED


Director	Marie Ellis


Company Secretary	Victoria Marshal-Nichols


Registered Address	93 Balmoral Road
	Loughborough
	LE12 7EL


Registered Number	11232164 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		4,265		8,235
			4,265		8,235
Current assets
Debtors		27,110		17,883
Cash at bank and on hand		50		10,546
		27,160		28,429
Creditors amounts falling due within one year		(40,119)		(23,430)
Net current assets (liabilities)			(12,959)		4,999
Total assets less current liabilities			(8,694)		13,234
Creditors amounts falling due after one year			(12,515)		(17,430)
Net assets			(21,209)		(4,196)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(21,309)		(4,296)
Shareholders' funds			(21,209)		(4,196)

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 29 December 2025, and are signed on its behalf by:

Marie Ellis
Director
Registered Company No. 11232164

ELITE ACCOUNTING SERVICES (LEICESTER) LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from 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.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Fixtures and fittings	5
	Office Equipment	3

2.	Average number of employees


		2025		2024
	Average number of employees during the year	5		4

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 24	21,783
	Disposals	(7,106)
	At 31 March 25	14,677
	Depreciation and impairment
	At 01 April 24	13,548
	Charge for year	3,627
	On disposals	(6,763)
	At 31 March 25	10,412
	Net book value
	At 31 March 25	4,265
	At 31 March 24	8,235