27 March 2024 false No description of principal activity Taxfiler 2024.6 08959079 business:PrivateLimitedCompanyLtd 2024-03-27 2025-03-26 08959079 2024-03-26 08959079 2024-03-27 2025-03-26 08959079 business:AuditExempt-NoAccountantsReport 2024-03-27 2025-03-26 08959079 business:FilletedAccounts 2024-03-27 2025-03-26 08959079 2025-03-26 08959079 business:Director1 2024-03-27 2025-03-26 08959079 business:RegisteredOffice 2024-03-27 2025-03-26 08959079 2024-03-26 08959079 core:WithinOneYear 2025-03-26 08959079 core:WithinOneYear 2024-03-26 08959079 core:AfterOneYear 2025-03-26 08959079 core:AfterOneYear 2024-03-26 08959079 core:ShareCapital core:PreviouslyStatedAmount 2025-03-26 08959079 core:ShareCapital core:PreviouslyStatedAmount 2024-03-26 08959079 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-26 08959079 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-03-26 08959079 core:PreviouslyStatedAmount 2025-03-26 08959079 core:PreviouslyStatedAmount 2024-03-26 08959079 business:SmallEntities 2024-03-27 2025-03-26 08959079 countries:EnglandWales 2024-03-27 2025-03-26 08959079 core:PlantMachinery 2024-03-27 2025-03-26 08959079 core:MotorVehicles 2024-03-27 2025-03-26 08959079 core:ComputerEquipment 2024-03-27 2025-03-26 08959079 core:PlantMachinery 2024-03-26 08959079 core:MotorVehicles 2024-03-26 08959079 core:ComputerEquipment 2024-03-26 08959079 core:PlantMachinery 2025-03-26 08959079 core:MotorVehicles 2025-03-26 08959079 core:ComputerEquipment 2025-03-26 08959079 2023-03-27 2024-03-26 iso4217:GBP xbrli:pure
Company Registration No. 08959079 (England and Wales)
Elite Auto Locksmiths Limited Unaudited accounts for the year ended 26 March 2025
Elite Auto Locksmiths Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Elite Auto Locksmiths Limited Company Information for the year ended 26 March 2025
Director
M Fleming
Company Number
08959079 (England and Wales)
Registered Office
EASTHAM HALL 109 EASTHAM VILLAGE ROAD EASTHAM WIRRAL MERSEYSIDE CH62 0AF United Kingdom
- 3 -
Elite Auto Locksmiths Limited Statement of financial position as at 26 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
36,219
46,111
Current assets
Debtors
5
54,739
77,634
Cash at bank and in hand
301
301
55,040
77,935
Creditors: amounts falling due within one year
6
(97,818)
(111,367)
Net current liabilities
(42,778)
(33,432)
Total assets less current liabilities
(6,559)
12,679
Creditors: amounts falling due after more than one year
7
-
(1,349)
Net (liabilities)/assets
(6,559)
11,330
Capital and reserves
Called up share capital
1
1
Profit and loss account
(6,560)
11,329
Shareholders' funds
(6,559)
11,330
For the year ending 26 March 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 March 2026 and were signed on its behalf by
M Fleming Director Company Registration No. 08959079
- 4 -
Elite Auto Locksmiths Limited Notes to the Accounts for the year ended 26 March 2025
1
Statutory information
Elite Auto Locksmiths Limited is a private company, limited by shares, registered in England and Wales, registration number 08959079. The registered office is EASTHAM HALL 109 EASTHAM VILLAGE ROAD, EASTHAM, WIRRAL, MERSEYSIDE, CH62 0AF, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 27 March 2024
133,173
48,782
10,081
192,036
At 26 March 2025
133,173
48,782
10,081
192,036
Depreciation
At 27 March 2024
102,504
35,393
8,028
145,925
Charge for the year
6,134
3,347
411
9,892
At 26 March 2025
108,638
38,740
8,439
155,817
Net book value
At 26 March 2025
24,535
10,042
1,642
36,219
At 26 March 2024
30,669
13,389
2,053
46,111
- 5 -
Elite Auto Locksmiths Limited Notes to the Accounts for the year ended 26 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
1,533
808
Other debtors
53,206
76,826
54,739
77,634
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
17,706
24,876
Taxes and social security
33,530
31,963
Other creditors
46,582
54,528
97,818
111,367
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
1,349
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -