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Registration number: 07331483

Elite Development and Letting Limited
Annual Report and Unaudited Filleted Financial Statements
for the Year Ended 31 July 2025

Elite Development and Letting Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 6

Elite Development and Letting Limited

Company Information

Directors | D M Lloyd T Lloyd

Company secretary | T Lloyd

Registered office | Maes Y Llwyfen Heol-Y-Mynach Ynysybwl Pontypridd CF37 3PE

Accountants | Burton Sweet Limited Chartered Accountants and Business Advisers Spencer House Morston Court Aisecome Way Weston-super-Mare North Somerset BS22 8NG

Elite Development and Letting Limited

(Registration number: 07331483)
Balance Sheet
31 July 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 2,756 | 3,242
Current assets |  |  |
Debtors | 5 | 1,718 | 1,372
Cash at bank and in hand |  | 4,464 | 447
|  | 6,182 | 1,819
Creditors: Amounts falling due within one year | 6 | (22,552) | (19,588)
Net current liabilities |  | (16,370) | (17,769)
Net liabilities |  | (13,614) | (14,527)
Capital and reserves |  |  |
Called up share capital |  | 1 | 1
Retained earnings |  | (13,615) | (14,528)
Shareholders' deficit |  | (13,614) | (14,527)

Elite Development and Letting Limited

(Registration number: 07331483)
Balance Sheet
31 July 2025

For the financial year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 17 March 2026 and signed on its behalf by:

......................................... T Lloyd Company secretary and director

Elite Development and Letting Limited

Notes to the Unaudited Financial Statements
Year Ended 31 July 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Maes Y Llwyfen
Heol-Y-Mynach Ynysybwl
Pontypridd
CF37 3PE

These financial statements were authorised for issue by the Board on 17 March 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis. The net liabilities at the balance sheet date amounted to £13,614 (2024 £14,527). The company has the support of the directors and the bank.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Elite Development and Letting Limited

Notes to the Unaudited Financial Statements
Year Ended 31 July 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and Machinery | 15% Reducing Balance
Motor Vehicles | 15% Reducing Balance
Office Equipment | 15% Reducing Balance

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Elite Development and Letting Limited

Notes to the Unaudited Financial Statements
Year Ended 31 July 2025

4 | Tangible assets

| Plant and machinery £ | Office equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 August 2024 | 2,640 | 762 | 22,833 | 26,235
At 31 July 2025 | 2,640 | 762 | 22,833 | 26,235
Depreciation
At 1 August 2024 | 2,341 | 408 | 20,244 | 22,993
Charge for the year | 45 | 53 | 388 | 486
At 31 July 2025 | 2,386 | 461 | 20,632 | 23,479
Carrying amount
At 31 July 2025 | 254 | 301 | 2,201 | 2,756
At 31 July 2024 | 299 | 354 | 2,589 | 3,242

5 | Debtors

| 2025 £ | 2024 £
Other debtors | 690 | 689
Prepayments | 1,028 | 683
| 1,718 | 1,372

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Accruals and deferred income | 2,118 | 2,100
Other creditors | 20,434 | 17,488
| 22,552 | 19,588