Caseware UK (AP4) 2024.0.164 2024.0.164 2026-02-28 2026-02-28 5 5 false 2025-03-01 Wholesale and hire of machinery or equipment true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13885598 2025-03-01 2026-02-28 13885598 2024-03-01 2025-02-28 13885598 2026-02-28 13885598 2025-02-28 13885598 c:Director1 2025-03-01 2026-02-28 13885598 d:Buildings d:LongLeaseholdAssets 2025-03-01 2026-02-28 13885598 d:Buildings d:LongLeaseholdAssets 2026-02-28 13885598 d:Buildings d:LongLeaseholdAssets 2025-02-28 13885598 d:PlantMachinery 2025-03-01 2026-02-28 13885598 d:PlantMachinery 2026-02-28 13885598 d:PlantMachinery 2025-02-28 13885598 d:PlantMachinery d:OwnedOrFreeholdAssets 2025-03-01 2026-02-28 13885598 d:MotorVehicles 2025-03-01 2026-02-28 13885598 d:MotorVehicles 2026-02-28 13885598 d:MotorVehicles 2025-02-28 13885598 d:MotorVehicles d:OwnedOrFreeholdAssets 2025-03-01 2026-02-28 13885598 d:FurnitureFittings 2025-03-01 2026-02-28 13885598 d:FurnitureFittings 2026-02-28 13885598 d:FurnitureFittings 2025-02-28 13885598 d:FurnitureFittings d:OwnedOrFreeholdAssets 2025-03-01 2026-02-28 13885598 d:ComputerEquipment 2025-03-01 2026-02-28 13885598 d:OtherPropertyPlantEquipment 2025-03-01 2026-02-28 13885598 d:OtherPropertyPlantEquipment 2026-02-28 13885598 d:OtherPropertyPlantEquipment 2025-02-28 13885598 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2025-03-01 2026-02-28 13885598 d:OwnedOrFreeholdAssets 2025-03-01 2026-02-28 13885598 d:CurrentFinancialInstruments 2026-02-28 13885598 d:CurrentFinancialInstruments 2025-02-28 13885598 d:Non-currentFinancialInstruments 2026-02-28 13885598 d:Non-currentFinancialInstruments 2025-02-28 13885598 d:CurrentFinancialInstruments d:WithinOneYear 2026-02-28 13885598 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 13885598 d:Non-currentFinancialInstruments d:AfterOneYear 2026-02-28 13885598 d:Non-currentFinancialInstruments d:AfterOneYear 2025-02-28 13885598 d:ShareCapital 2026-02-28 13885598 d:ShareCapital 2025-02-28 13885598 d:RetainedEarningsAccumulatedLosses 2026-02-28 13885598 d:RetainedEarningsAccumulatedLosses 2025-02-28 13885598 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2026-02-28 13885598 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2025-02-28 13885598 d:AcceleratedTaxDepreciationDeferredTax 2026-02-28 13885598 d:AcceleratedTaxDepreciationDeferredTax 2025-02-28 13885598 c:FRS102 2025-03-01 2026-02-28 13885598 c:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 13885598 c:FullAccounts 2025-03-01 2026-02-28 13885598 c:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 13885598 d:HirePurchaseContracts d:WithinOneYear 2026-02-28 13885598 d:HirePurchaseContracts d:WithinOneYear 2025-02-28 13885598 d:HirePurchaseContracts d:BetweenOneFiveYears 2026-02-28 13885598 d:HirePurchaseContracts d:BetweenOneFiveYears 2025-02-28 13885598 2 2025-03-01 2026-02-28 13885598 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2026-02-28 13885598 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2025-02-28 13885598 e:PoundSterling 2025-03-01 2026-02-28 iso4217:GBP xbrli:pure

Registered number: 13885598 ELITE REFUSE LTD UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 FEBRUARY 2026
ELITE REFUSE LTD REGISTERED NUMBER: 13885598 BALANCE SHEET AS AT 28 FEBRUARY 2026
|  | 2026 |  | 2025
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 762,966 |  | 685,364
Current assets |  |  |  |  |
Stocks |  | 50,000 |  | 102,500 |
Debtors: amounts falling due within one year | 5 | 98,637 |  | 214,266 |
Cash at bank and in hand | 6 | 267,203 |  | 95,862 |
|  | 415,840 |  | 412,628 |
Creditors: amounts falling due within one year | 7 | (377,681) |  | (336,385) |
Net current assets |  |  | 38,159 |  | 76,243
Total assets less current liabilities |  |  | 801,125 |  | 761,607
Creditors: amounts falling due after more than one year | 8 |  | (661,250) |  | (676,850)
Provisions for liabilities |  |  |  |  |
Deferred tax | 11 |  | (70,117) |  | (21,637)
Net assets |  |  | 69,758 |  | 63,120
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 200 |  | 200
Profit and loss account |  |  | 69,558 |  | 62,920
|  |  | 69,758 |  | 63,120
Page 1
ELITE REFUSE LTD REGISTERED NUMBER: 13885598 BALANCE SHEET (CONTINUED) AS AT 28 FEBRUARY 2026 The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 April 2026.
Mauricio Smelt
Director
The notes on pages 3 to 11 form part of these financial statements. Page 2
ELITE REFUSE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 FEBRUARY 2026
1. | General information
The company is a private limited company, which is incorporated and registered in England (registration number: 13885598). The address of the registered office is Cromwell House, 68 West Gate, Mansfield, Nottinghamshire, NG18 1RR. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Going concern
The financial statements have been prepared on the going concern basis. At the time of signing there is still a degree of uncertainty surrounding the full economic impact of the cost of living and wider geopolitical issues. The director understands that there will be some economic impact in the UK and continues to monitor the position closely, however he believes that the company has sufficient resources to be able to continue to trade for the forseeable future subject to his continued support and therefore, the financial statements have been prepared on the going concern basis. Page 3
ELITE REFUSE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 FEBRUARY 2026 2.Accounting policies (continued)
| 2.3 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Sale of goods Revenue from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably. Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably.
| 2.4 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
| 2.5 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.6 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument. Page 4
ELITE REFUSE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 FEBRUARY 2026 2.Accounting policies (continued)
| 2.7 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
| 2.8 | Current and deferred taxation
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.9 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Page 5
ELITE REFUSE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 FEBRUARY 2026 2.Accounting policies (continued)
| 2.9 | Tangible fixed assets (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Long-term leasehold property | - | 10% Straight Line
|  |  |  | Plant and machinery | - | 25% Reducing Balance
|  |  |  | Motor vehicles | - | 20% Reducing Balance
|  |  |  | Fixtures and fittings | - | 15% Reducing Balance
|  |  |  | Computer equipment | - | 33% Straight Line
|  |  |  | Motor vehicles held for hire | - | 12.5% Reducing Balance
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.10 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.11 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.12 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.13 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss. Page 6
ELITE REFUSE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 FEBRUARY 2026 2.Accounting policies (continued)
| 2.14 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
The average monthly number of employees, including directors, during the period was 5 (2025 - 5). Page 7
ELITE REFUSE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 FEBRUARY 2026
4. | Tangible fixed assets
|  | Property Improve -ments | Plant and machinery | Motor vehicles | Fixtures and fittings | Motor vehicles held for hire | Total
|  | £ | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |  |
| At 1 March 2025 | 24,308 | 56,492 | 130,553 | 11,654 | 743,054 | 966,061
| Additions | - | - | 50,742 | 17,371 | 230,817 | 298,930
| Disposals | - | - | - | - | (171,333) | (171,333)
| At 28 February 2026 | 24,308 | 56,492 | 181,295 | 29,025 | 802,538 | 1,093,658
| Depreciation |  |  |  |  |  |
| At 1 March 2025 | 4,299 | 21,332 | 29,323 | 4,980 | 220,763 | 280,697
| Charge for the period on owned assets | 2,431 | 7,602 | 25,312 | 5,164 | 68,791 | 109,300
| Disposals | - | - | - | - | (59,305) | (59,305)
| At 28 February 2026 | 6,730 | 28,934 | 54,635 | 10,144 | 230,249 | 330,692
| Net book value |  |  |  |  |  |
| At 28 February 2026 | 17,578 | 27,558 | 126,660 | 18,881 | 572,289 | 762,966
| At 28 February 2025 | 20,009 | 35,160 | 101,230 | 6,674 | 522,291 | 685,364
| The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Plant and machinery | 268,025 | 185,531
Page 8
ELITE REFUSE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 FEBRUARY 2026
5. | Debtors
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade debtors | 97,443 | 204,301
| Other debtors | - | 8,096
| Prepayments and accrued income | 1,194 | 1,869
|  | 98,637 | 214,266
6. | Cash and cash equivalents
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Cash at bank and in hand | 267,203 | 95,862
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade creditors | 12,023 | 3,004
| Other taxation and social security | 45,987 | -
| Obligations under finance lease and hire purchase contracts | 84,600 | 71,000
| Other creditors | 234,967 | 262,231
| Accruals and deferred income | 104 | 150
|  | 377,681 | 336,385
| The following liabilities were secured:
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Hire purchase loan | 84,600 | 71,000
| Details of security provided:
Secured against the assets to which they relate. Page 9
ELITE REFUSE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 FEBRUARY 2026
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Net obligations under finance leases and hire purchase contracts | 11,250 | 26,850
| Other creditors | 650,000 | 650,000
|  | 661,250 | 676,850
| The following liabilities were secured:
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Hire purchase loan | 11,250 | 26,850
| Details of security provided:
Secured against the assets to which they relate.
9. | Hire purchase and finance leases
| Minimum lease payments under hire purchase fall due as follows:
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Within one year | 84,600 | 71,000
| Between 1-5 years | 11,250 | 26,850
|  | 95,850 | 97,850
10. | Financial instruments
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Financial assets |  |
| Financial assets measured at fair value through profit or loss | 267,203 | 267,203
| Financial assets measured at fair value through profit or loss comprise...
Page 10
ELITE REFUSE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 28 FEBRUARY 2026
11. | Deferred taxation
|  | 2026
|  | £
| At beginning of year | (21,637)
| Charged to profit or loss | (48,480)
| At end of year | (70,117)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Accelerated capital allowances | (70,117) | (21,637)
12. | Pension commitments
The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £3,189 (2025: £3,039). Contributions totalling £NIL (2025: £NIL) were payable to the fund at the balance sheet date.
13. | Related party transactions
| Included in Creditors falling due after more than one year is an amount of £650,000 (2025: £550,000), which relates to a loan to the company from the director. This loan is subject to interest at 8%.
Page 11