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Company Registration No. 12731080 (England and Wales)
AN ELITE CONSULTANCY LTD Unaudited accounts for the period from 1 May 2025 to 31 March 2026
AN ELITE CONSULTANCY LTD Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
504
194
Investment property
5
2,020,000
-
2,020,504
194
Current assets
Debtors
6
9,607
2,999
Cash at bank and in hand
15,977
1,711
25,584
4,710
Creditors: amounts falling due within one year
7
(25,446)
(2,668)
Net current assets
138
2,042
Total assets less current liabilities
2,020,642
2,236
Creditors: amounts falling due after more than one year
8
(872,555)
-
Net assets
1,148,087
2,236
Capital and reserves
Called up share capital
9
200
100
Share premium
1,146,520
-
Profit and loss account
1,367
2,136
Shareholders' funds
1,148,087
2,236
For the period ending 31 March 2026 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 directors acknowledge their 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 of Directors and authorised for issue on 25 May 2026 and were signed on its behalf by
Anil Patel Director Company Registration No. 12731080
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AN ELITE CONSULTANCY LTD Notes to the Accounts for the period from 1 May 2025 to 31 March 2026
1
Statutory information
AN ELITE CONSULTANCY LTD is a private company, limited by shares, registered in England and Wales, registration number 12731080. The registered office is First Floor Offices, 25 Sanders Road, Finedon Road Industrial Estate, Wellingborough, Northamptonshire, NN8 4NL, 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
These financial statements for the period from 1 May 2025 to 31 March 2026 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2024. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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 from the investment properties represents the value of gross rent due to the company for the financial year. 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 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:
Computer equipment
25% reducing balance
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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AN ELITE CONSULTANCY LTD Notes to the Accounts for the period from 1 May 2025 to 31 March 2026
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 May 2025
665
Additions
391
At 31 March 2026
1,056
Depreciation
At 1 May 2025
471
Charge for the period
81
At 31 March 2026
552
Net book value
At 31 March 2026
504
At 30 April 2025
194
5
Investment property
2026
£
Additions
2,020,000
At 31 March 2026
2,020,000
The historical cost of the properties is £2,020,000.
6
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
8,621
2,961
Accrued income and prepayments
986
-
Other debtors
-
38
9,607
2,999
7
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
2,502
-
Taxes and social security
472
388
Loans from directors
21,512
1,860
Accruals
960
420
25,446
2,668
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AN ELITE CONSULTANCY LTD Notes to the Accounts for the period from 1 May 2025 to 31 March 2026
8
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
872,555
-
The bank loans are secured against the investment properties.
9
Share capital
2026
2025
£
£
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200
100
Shares issued during the period:
100 Ordinary shares of £1 each
100
10
Average number of employees
During the period the average number of employees was 2 (2025: 2).
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