Company Registration No. 11463760 (England and Wales)
Elite Sales Academy Ltd
Unaudited accounts
for the year ended 31 May 2026
Elite Sales Academy Ltd
Unaudited accounts
Contents
Elite Sales Academy Ltd
Statement of financial position
as at 31 May 2026
Tangible assets
71,182
62,996
Cash at bank and in hand
60,643
41,712
Creditors: amounts falling due within one year
(30,319)
(64,273)
Net current assets
118,619
109,954
Total assets less current liabilities
189,801
172,950
Creditors: amounts falling due after more than one year
(38,857)
(45,615)
Net assets
150,944
127,335
Called up share capital
100
100
Profit and loss account
150,844
127,235
Shareholders' funds
150,944
127,335
For the year ending 31 May 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 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 19 August 2026 and were signed on its behalf by
Nicholas Staab
Director
Company Registration No. 11463760
Elite Sales Academy Ltd
Notes to the Accounts
for the year ended 31 May 2026
Elite Sales Academy Ltd is a private company, limited by shares, registered in England and Wales, registration number 11463760. The registered office is 167-169 Great Portland Street, 5th Floor, London, London, W1W 5PF, England.
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.
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.
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.
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
33% Straight Line
Motor vehicles
25% Reducing Balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2025
6,744
64,000
70,744
At 31 May 2026
23,919
64,000
87,919
At 1 June 2025
5,615
2,133
7,748
Charge for the year
2,802
6,187
8,989
At 31 May 2026
8,417
8,320
16,737
At 31 May 2026
15,502
55,680
71,182
At 31 May 2025
1,129
61,867
62,996
Elite Sales Academy Ltd
Notes to the Accounts
for the year ended 31 May 2026
Amounts falling due within one year
Other debtors
88,295
85,880
6
Creditors: amounts falling due within one year
2026
2025
Obligations under finance leases and hire purchase contracts
6,758
6,758
Taxes and social security
21,531
55,467
Other creditors
2,030
2,048
7
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
38,857
45,615
8
Average number of employees
During the year the average number of employees was 1 (2025: 1).