Acorah Software Products - Accounts Production 19.4.300 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 07061968 Mrs Mary-Joan Ikedife iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07061968 2024-10-31 07061968 2025-10-31 07061968 2024-11-01 2025-10-31 07061968 frs-core:CurrentFinancialInstruments 2025-10-31 07061968 frs-core:Non-currentFinancialInstruments 2025-10-31 07061968 frs-core:ComputerEquipment 2025-10-31 07061968 frs-core:ComputerEquipment 2024-11-01 2025-10-31 07061968 frs-core:ComputerEquipment 2024-10-31 07061968 frs-core:FurnitureFittings 2025-10-31 07061968 frs-core:FurnitureFittings 2024-11-01 2025-10-31 07061968 frs-core:FurnitureFittings 2024-10-31 07061968 frs-core:ShareCapital 2025-10-31 07061968 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 07061968 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 07061968 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 07061968 frs-bus:SmallEntities 2024-11-01 2025-10-31 07061968 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 07061968 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 07061968 frs-bus:Director1 2024-11-01 2025-10-31 07061968 frs-core:CurrentFinancialInstruments 1 2025-10-31 07061968 frs-countries:EnglandWales 2024-11-01 2025-10-31 07061968 2023-10-31 07061968 2024-10-31 07061968 2023-11-01 2024-10-31 07061968 frs-core:CurrentFinancialInstruments 2024-10-31 07061968 frs-core:Non-currentFinancialInstruments 2024-10-31 07061968 frs-core:ShareCapital 2024-10-31 07061968 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 07061968 frs-core:CurrentFinancialInstruments 1 2024-10-31
Registered number: 07061968
Elite Solutions Ltd
Financial Statements
For The Year Ended 31 October 2025
Samuelsons & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07061968
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 28,808 37,006
28,808 37,006
CURRENT ASSETS
Debtors 5 154,673 140,953
Cash at bank and in hand 4 4
154,677 140,957
Creditors: Amounts Falling Due Within One Year 6 (106,649 ) (46,532 )
NET CURRENT ASSETS (LIABILITIES) 48,028 94,425
TOTAL ASSETS LESS CURRENT LIABILITIES 76,836 131,431
Creditors: Amounts Falling Due After More Than One Year 7 (45,968 ) (50,129 )
NET ASSETS 30,868 81,302
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 30,768 81,202
SHAREHOLDERS' FUNDS 30,868 81,302
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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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Mary-Joan Ikedife
Director
08/09/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Elite Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07061968 . The registered office is The Bretano Suite 915 High Road, North Finchley, London, N12 8QJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 November 2024 124,650 13,928 138,578
Additions 1,300 105 1,405
As at 31 October 2025 125,950 14,033 139,983
Depreciation
As at 1 November 2024 87,646 13,926 101,572
Provided during the period 9,576 27 9,603
As at 31 October 2025 97,222 13,953 111,175
Net Book Value
As at 31 October 2025 28,728 80 28,808
As at 1 November 2024 37,004 2 37,006
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 49,453 49,453
Rent prepaid 23,500 23,500
Amounts owed by associates 13,720 -
86,673 72,953
Due after more than one year
Trade debtors 68,000 68,000
154,673 140,953
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 7,490 7,487
Accruals and deferred income 2,280 1,800
Director's loan account 26,727 23,027
Amounts owed to associates 70,152 14,218
106,649 46,532
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7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 45,968 49,389
Funding circle loan - 740
45,968 50,129
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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