Company registration number 08310798 (England and Wales)
ELEVATE FINANCIAL SOLUTIONS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
PAGES FOR FILING WITH REGISTRAR
ELEVATE FINANCIAL SOLUTIONS LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
ELEVATE FINANCIAL SOLUTIONS LTD (REGISTERED NUMBER: 08310798)
BALANCE SHEET
AS AT
30 NOVEMBER 2025
30 November 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,462
1,949
Current assets
Debtors
4
349,162
336,888
Cash at bank and in hand
3,977
942
353,139
337,830
Creditors: amounts falling due within one year
5
(52,287)
(53,547)
Net current assets
300,852
284,283
Total assets less current liabilities
302,314
286,232
Creditors: amounts falling due after more than one year
6
(120,369)
(113,948)
Net assets
181,945
172,284
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss reserves
180,945
171,284
Total equity
181,945
172,284
ELEVATE FINANCIAL SOLUTIONS LTD (REGISTERED NUMBER: 08310798)
BALANCE SHEET (CONTINUED)
AS AT
30 NOVEMBER 2025
30 November 2025
- 2 -

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 27 May 2026
T Wheatley Esq
Director
ELEVATE FINANCIAL SOLUTIONS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 3 -
1
Accounting policies
Company information

Elevate Financial Solutions Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 141 High Street, Beckenham, Kent, BR3 1BX.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

These financial statements are prepared on the going concern basis. The director has a reasonable expectation that the company will continue in operational existence for the foreseeable future.

1.3
Revenue

Turnover consists of brokerage, commission and fees for the arrangement of mortgage and fees for consultancy services.

Commission and fees arising from mortgage broking activities are recogni s ed upon the later of the effective date that the mortgage policy commences and the invoice date.

Other income from mortgage broking activities is recogni s ed when it can be measured with reasonable certainty. An accrual is made for commission earned but not yet received.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer equipment
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

ELEVATE FINANCIAL SOLUTIONS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 4 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.6
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.7
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
3
4
3
Tangible fixed assets
Computer equipment
£
Cost
At 1 December 2024 and 30 November 2025
5,523
Depreciation and impairment
At 1 December 2024
3,574
Depreciation charged in the year
487
At 30 November 2025
4,061
ELEVATE FINANCIAL SOLUTIONS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
3
Tangible fixed assets
Computer equipment
£
(Continued)
- 5 -
Carrying amount
At 30 November 2025
1,462
At 30 November 2024
1,949
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
349,162
336,888
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
19,572
6,281
Taxation and social security
9,344
7,701
Other creditors
23,371
39,565
52,287
53,547
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
102,967
35,829
Other creditors
17,402
78,119
120,369
113,948
7
Financial commitments, guarantees and contingent liabilities

During a previous accounting period, the company borrowed £50,000 from its bankers for a bounce back loan. As part of its loan scheme the UK government has guaranteed the advance and will pay the interest and fees due for the first 12 months.

The amount outstanding as at the balance sheet date was £35,105 (2024: £42,110).

ELEVATE FINANCIAL SOLUTIONS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 6 -
8
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
Total commitments
-
0
18,914
9
Related party transactions

During the year, the company issued loans of £nil to the company's director (2024: £1,225).

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