ELEVARE BUSINESS SOLUTIONS LTD


Director	HOCKLEY, Thomas


Registered Address	Waterloo House 2 Colchester Road
	St. Osyth
	Clacton-On-Sea
	CO16 8HA


Registered Number	16130848 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025
		£	£
Fixed assets
Tangible assets	3		8,662
			8,662
Current assets
Stocks	4	8,233
Debtors	5	61,368
Cash at bank and on hand		1,850
		71,451
Creditors amounts falling due within one year	6	(52,199)
Net current assets (liabilities)			19,252
Total assets less current liabilities			27,914
Net assets			27,914
Capital and reserves
Called up share capital			100
Profit and loss account			27,814
Shareholders' funds			27,914

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 2 September 2026, and are signed on its behalf by:

HOCKLEY, Thomas
Director
Registered Company No. 16130848

ELEVARE BUSINESS SOLUTIONS LTD

Notes to the Financial Statements
for the period ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from rendering of services
	Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	25	-
Fixtures and fittings	-	5

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is stated at the lower of cost and net realisable value. Cost comprises direct labour and other directly attributable costs incurred in providing services. Net realisable value represents the estimated amounts recoverable from clients in respect of work performed, less any costs to complete the engagement. Provision is made where the directors consider that the carrying value of work in progress exceeds its recoverable amount.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is stated at the lower of cost and net realisable value. Cost comprises direct labour and other directly attributable costs incurred in providing services. Net realisable value represents the estimated amounts recoverable from clients in respect of work performed, less any costs to complete the engagement.

Provision is made where the directors consider that the carrying value of work in progress exceeds its recoverable amount.

	Share capital
	During the year, 100 Ordinary £1 shares were purchased for cash at par.

2.	Average number of employees


		2025
	Average number of employees during the year	1

3.	Tangible fixed assets

	Fixtures & fittings	Office Equipment	Total
	£	£	£
Cost or valuation
Additions	5,841	5,318	11,159
At 31 December 25	5,841	5,318	11,159
Depreciation and impairment
Charge for year	1,168	1,329	2,497
At 31 December 25	1,168	1,329	2,497
Net book value
At 31 December 25	4,673	3,989	8,662
At 10 December 24	-	-	-

4.	Stocks

		2025
		£
	Work in progress	8,233
	Total	8,233

5.	Debtors: amounts due within one year

		2025
		£
	Trade debtors / trade receivables	59,868
	Other debtors	1,500
	Total	61,368

6.	Creditors: amounts due within one year

		2025
		£
	Trade creditors / trade payables	2,210
	Taxation and social security	49,989
	Total	52,199