Company Registration No. 14573042 (England and Wales)
Elite Property Acquisitions Ltd
Unaudited accounts
for the year ended 31 January 2026
Elite Property Acquisitions Ltd
Unaudited accounts
Contents
Elite Property Acquisitions Ltd
Statement of financial position
as at 31 January 2026
Investment property
132,000
130,000
Cash at bank and in hand
24,320
15,861
Creditors: amounts falling due within one year
(26,271)
(22,280)
Net current assets
6,092
30,501
Total assets less current liabilities
138,092
160,501
Creditors: amounts falling due after more than one year
(168,834)
(164,687)
Net liabilities
(30,742)
(4,186)
Called up share capital
100
100
Profit and loss account
(30,842)
(4,286)
Shareholders' funds
(30,742)
(4,186)
For the year ending 31 January 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 28 August 2026 and were signed on its behalf by
Nicholas Staab
Director
Company Registration No. 14573042
Elite Property Acquisitions Ltd
Notes to the Accounts
for the year ended 31 January 2026
Elite Property Acquisitions Ltd is a private company, limited by shares, registered in England and Wales, registration number 14573042. The registered office is 19 Pickwick Avenue, Chelmsford, Essex, CM1 4UN, 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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Turnover represents amounts received in respect of rent.
Fair value at 1 February 2025
130,000
Net gain from fair value adjustments
2,000
At 31 January 2026
132,000
The fair values of the investment properties have been arrived at on the basis of a valuation carried out by the director. The valuations were made on an open market basis by reference to market evidence of transaction prices for similar properties.
Amounts falling due after more than one year
Accrued income and prepayments
8,043
8,043
6
Creditors: amounts falling due within one year
2026
2025
Other creditors
26,271
22,280
Elite Property Acquisitions Ltd
Notes to the Accounts
for the year ended 31 January 2026
7
Creditors: amounts falling due after more than one year
2026
2025
Other creditors
87,734
83,587
8
Average number of employees
During the year the average number of employees was 1 (2025: 1).