3 false false false false false false false false false false true false false false false false false No description of principal activity 2024-02-01 Sage Accounts Production Advanced 2023 - FRS102_2023 51,729 1,199 41,157 11,771 45,276 2,522 41,157 6,641 5,130 6,453 xbrli:pure xbrli:shares iso4217:GBP 02300759 2024-02-01 2025-01-31 02300759 2025-01-31 02300759 2024-01-31 02300759 2023-02-01 2024-01-31 02300759 2024-01-31 02300759 2023-01-31 02300759 core:FurnitureFittings 2024-02-01 2025-01-31 02300759 bus:Director1 2024-02-01 2025-01-31 02300759 core:FurnitureFittings 2024-01-31 02300759 core:FurnitureFittings 2025-01-31 02300759 core:WithinOneYear 2025-01-31 02300759 core:WithinOneYear 2024-01-31 02300759 core:ShareCapital 2025-01-31 02300759 core:ShareCapital 2024-01-31 02300759 core:RetainedEarningsAccumulatedLosses 2025-01-31 02300759 core:RetainedEarningsAccumulatedLosses 2024-01-31 02300759 core:FurnitureFittings 2024-01-31 02300759 bus:Director1 2024-01-31 02300759 bus:Director1 2025-01-31 02300759 bus:Director1 2023-01-31 02300759 bus:Director1 2024-01-31 02300759 bus:Director1 2023-02-01 2024-01-31 02300759 bus:SmallEntities 2024-02-01 2025-01-31 02300759 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 02300759 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 02300759 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 02300759 bus:FullAccounts 2024-02-01 2025-01-31
COMPANY REGISTRATION NUMBER: 02300759

ELEGANT COMPUTERS LIMITED

Filleted Unaudited Financial Statements

31 January 2025

ELEGANT COMPUTERS LIMITED

Statement of Financial Position

31 January 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 5,130 | 6,453

Current assets

Debtors | 6 | 23,776 |  | 24,916
Cash at bank and in hand | 21,586 |  | 88,105
| -------- |  | ---------
| 45,362 |  | 113,021

Creditors: amounts falling due within one year | 7 | 36,814 |  | 35,675
| -------- |  | ---------
Net current assets |  | 8,548 | 77,346
|  | -------- | --------
Total assets less current liabilities |  | 13,678 | 83,799
|  | -------- | --------
Net assets |  | 13,678 | 83,799
|  | -------- | --------

Capital and reserves

Called up share capital |  | 100 | 100
Profit and loss account |  | 13,578 | 83,699
|  | -------- | --------
Shareholders funds |  | 13,678 | 83,799
|  | -------- | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

ELEGANT COMPUTERS LIMITED

Statement of Financial Position (continued)

31 January 2025
These financial statements were approved by the board of directors and authorised for issue on 17 March 2026 , and are signed on behalf of the board by:

M.B. Shiers |
Director |

Company registration number: 02300759

ELEGANT COMPUTERS LIMITED

Notes to the Financial Statements

Year ended 31 January 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hallswelle House, 1 Hallswelle Road, NW11 0DH, London.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Fixtures, fittings and equipment | - | 25% reducing balance

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).
5. Tangible assets

| Fixtures and fittings | Total
| £ | £
Cost |  |
At 1 February 2024 | 51,729 | 51,729
Additions | 1,199 | 1,199
Disposals | ( 41,157) | ( 41,157)
| -------- | --------
At 31 January 2025 | 11,771 | 11,771
| -------- | --------
Depreciation |  |
At 1 February 2024 | 45,276 | 45,276
Charge for the year | 2,522 | 2,522
Disposals | ( 41,157) | ( 41,157)
| -------- | --------
At 31 January 2025 | 6,641 | 6,641
| -------- | --------
Carrying amount |  |
At 31 January 2025 | 5,130 | 5,130
| -------- | --------
At 31 January 2024 | 6,453 | 6,453
| -------- | --------

6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 4,320 | 10,800
Other debtors | 19,456 | 14,116
| -------- | --------
| 23,776 | 24,916
| -------- | --------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Corporation tax | 10,173 | 16,228
Social security and other taxes | 475 | 2,024
Other creditors | 26,166 | 17,423
| -------- | --------
| 36,814 | 35,675
| -------- | --------

8. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:

| 2025
|  | Balance brought forward | Advances/ (credits) to the director | Balance outstanding
|  | £ | £ | £
| M.B. Shiers | ( 844) | 17,640 | 16,796
|  | ---- | -------- | --------

| 2024
|  | Balance brought forward | Advances/ (credits) to the director | Balance outstanding
|  | £ | £ | £
| M.B. Shiers | ( 10,951) | 10,107 | ( 844)
|  | -------- | -------- | ----

Interest on the overdrawn director's loan account has been charged , and the overdrawn balance has been settled within nine months.