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Company Registration No. 05551399 (England and Wales)
Elise Projects Ltd Unaudited accounts for the year ended 30 September 2025
Elise Projects Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Elise Projects Ltd Company Information for the year ended 30 September 2025
Directors
ADAM FOORD JAMES ADAMS
Company Number
05551399 (England and Wales)
Registered Office
Unit 2 Pixash Works Pixash Lane Keynsham, Somerset Bristol BS31 1TR United Kingdom
- 3 -
Elise Projects Ltd Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
110,625
93,053
Current assets
Inventories
20,241
25,302
Debtors
5
182,175
248,425
Cash at bank and in hand
86,410
41,822
288,826
315,549
Creditors: amounts falling due within one year
6
(157,296)
(173,015)
Net current assets
131,530
142,534
Total assets less current liabilities
242,155
235,587
Creditors: amounts falling due after more than one year
7
(12,027)
(12,250)
Provisions for liabilities
Deferred tax
(18,995)
(15,657)
Other provisions
-
35,000
(18,995)
19,343
Net assets
211,133
242,680
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
211,033
242,580
Shareholders' funds
211,133
242,680
For the year ending 30 September 2025 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 2 June 2026 and were signed on its behalf by
ADAM FOORD Director Company Registration No. 05551399
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Elise Projects Ltd Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Elise Projects Ltd is a private company, limited by shares, registered in England and Wales, registration number 05551399. The registered office is Unit 2 Pixash Works, Pixash Lane , Keynsham, Somerset, Bristol, BS31 1TR, 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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Hire Purchase Contracts
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Stocks and work in progress
Stocks and work in progress have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
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Elise Projects Ltd Notes to the Accounts for the year ended 30 September 2025
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 October 2024
302,246
130,864
12,697
2,271
448,078
Additions
15,351
34,750
492
3,634
54,227
Disposals
-
(25,050)
-
(1,057)
(26,107)
At 30 September 2025
317,597
140,564
13,189
4,848
476,198
Depreciation
At 1 October 2024
259,692
91,547
2,037
1,749
355,025
Charge for the year
14,476
17,889
167
1,616
34,148
On disposals
-
(22,542)
-
(1,058)
(23,600)
At 30 September 2025
274,168
86,894
2,204
2,307
365,573
Net book value
At 30 September 2025
43,429
53,670
10,985
2,541
110,625
At 30 September 2024
42,554
39,317
10,660
522
93,053
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
136,710
208,410
Accrued income and prepayments
11,048
2,773
Other debtors
3,300
625
151,058
211,808
Amounts falling due after more than one year
Other debtors
31,117
36,617
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
11,372
21,000
VAT
27,053
50,414
Obligations under finance leases and hire purchase contracts
6,241
10,260
Trade creditors
56,221
38,414
Taxes and social security
29,504
33,475
Other creditors
3,428
2,450
Loans from directors
8,676
-
Accruals
14,801
9,202
Deferred income
-
7,800
157,296
173,015
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Elise Projects Ltd Notes to the Accounts for the year ended 30 September 2025
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
12,250
Obligations under finance leases and hire purchase contracts
12,027
-
12,027
12,250
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Controlling party
Elise Holdings Ltd, Unit 2 Pixash Works, Pixash Lane, Keynsham, BS31 1TR
10
Average number of employees
During the year the average number of employees was 10 (2024: 10).
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