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Company Registration No. 11625356 (England and Wales)
ELITE RANGE UK LTD Unaudited accounts for the year ended 31 October 2025
ELITE RANGE UK LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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ELITE RANGE UK LTD Company Information for the year ended 31 October 2025
Director
HASNATH CHOUDHURY
Secretary
HASNATH CHOUDHURY
Company Number
11625356 (England and Wales)
Registered Office
KEMP HOUSE 160 CITY ROAD LONDON EC1V 2NX UNITED KINGDOM
Accountants
Insight Business Services Limited 20-22 Wenlock Road London N1 7GU
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ELITE RANGE UK LTD Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
9,750
11,512
Current assets
Inventories
28,268
21,267
Debtors
5
1,938
8,529
Cash at bank and in hand
5,482
8,387
35,688
38,183
Creditors: amounts falling due within one year
6
(36,680)
(47,163)
Net current liabilities
(992)
(8,980)
Net assets
8,758
2,532
Capital and reserves
Called up share capital
100
100
Profit and loss account
8,658
2,432
Shareholders' funds
8,758
2,532
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 16 July 2026 and were signed on its behalf by
HASNATH CHOUDHURY Director Company Registration No. 11625356
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ELITE RANGE UK LTD Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
ELITE RANGE UK LTD is a private company, limited by shares, registered in England and Wales, registration number 11625356. The registered office is KEMP HOUSE, 160 CITY ROAD, LONDON, EC1V 2NX, 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.
Presentation currency
The accounts are presented in £ sterling.
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
20% Reducing Balance Basis
Motor vehicles
20% Reducing Balance Basis
Computer equipment
20% Reducing Balance Basis
Inventories
Inventories 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.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Going concern
The accounts have been prepared on a going concern basis.
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ELITE RANGE UK LTD Notes to the Accounts for the year ended 31 October 2025
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 November 2024
18,496
3,637
22,133
Additions
-
676
676
At 31 October 2025
18,496
4,313
22,809
Depreciation
At 1 November 2024
9,026
1,595
10,621
Charge for the year
1,894
544
2,438
At 31 October 2025
10,920
2,139
13,059
Net book value
At 31 October 2025
7,576
2,174
9,750
At 31 October 2024
9,470
2,042
11,512
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
1,938
8,529
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
5,008
2,918
Trade creditors
5,217
19,002
Taxes and social security
3,998
-
Other creditors
1,221
-
Loans from directors
21,236
25,243
36,680
47,163
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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