Elite Solutions Engineering Ltd

Registered number

05331600

Filleted Accounts

31 January 2026

Elite Solutions Engineering Ltd
Registered number:		05331600
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		222,081			205,545

Current assets
Stocks		82,800			69,000
Debtors	4	291,491			292,155
Cash at bank and in hand		750,964			772,745
		1,125,255			1,133,900

Creditors: amounts falling due within one year	5	(276,153)			(357,565)

Net current assets			849,102			776,335

Net assets			1,071,183			981,880

Capital and reserves
Called up share capital			3			3
Profit and loss account			1,071,180			981,877

Shareholders' funds			1,071,183			981,880

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




A Hall
Director
Approved by the board on 3 September 2026

Elite Solutions Engineering Ltd
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 10 years
	Fixtures, fittings, tools and equipment	over 10 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			13		14


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 February 2025	228,590		104,102		332,692
	Additions	21,613		32,539		54,152
	Disposals	-		(9,995)		(9,995)
	At 31 January 2026	250,203		126,646		376,849

	Depreciation
	At 1 February 2025	86,775		40,372		127,147
	Charge for the year	20,953		12,665		33,618
	On disposals	-		(5,997)		(5,997)
	At 31 January 2026	107,728		47,040		154,768

	Net book value
	At 31 January 2026	142,475		79,606		222,081
	At 31 January 2025	141,815		63,730		205,545


4	Debtors			2026		2025
£					£

	Trade debtors			280,046		277,620
	Other debtors			11,445		14,535
				291,491		292,155


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loans and overdrafts			1,154		805
	Trade creditors			71,823		196,696
	Taxation and social security costs			169,903		131,670
	Directors Loan Accounts			10,704		7,962
	Other creditors			22,569		20,432
				276,153		357,565


6	Other information

	Elite Solutions Engineering Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Mount Pleasant
	Hanley
	Stoke on Trent
	Staffordshire
	ST1 4AY