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
Investment property
2,020,000
-
Cash at bank and in hand
15,977
1,711
Creditors: amounts falling due within one year
(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
(872,555)
-
Net assets
1,148,087
2,236
Called up share capital
200
100
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
AN ELITE CONSULTANCY LTD
Notes to the Accounts
for the period from 1 May 2025 to 31 March 2026
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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.
AN ELITE CONSULTANCY LTD
Notes to the Accounts
for the period from 1 May 2025 to 31 March 2026
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.
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Tangible fixed assets
Computer equipment
At 31 March 2026
2,020,000
The historical cost of the properties is £2,020,000.
Amounts falling due within one year
Accrued income and prepayments
986
-
7
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
472
388
Loans from directors
21,512
1,860
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
The bank loans are secured against the investment properties.
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).