Company Registration No. 15446137 (England and Wales)
Elite Driveways & Excavations Ltd
Unaudited accounts
for the year ended 31 January 2026
Elite Driveways & Excavations Ltd
Unaudited accounts
Contents
Elite Driveways & Excavations Ltd
Company Information
for the year ended 31 January 2026
Company Number
15446137 (England and Wales)
Registered Office
92 St. Faiths Lane
Norwich
NR1 1NE
Accountants
JHW Azoth Ltd
13 The Close
Norwich
Norfolk
NR1 4DS
Elite Driveways & Excavations Ltd
Statement of financial position
as at 31 January 2026
Tangible assets
23,998
11,900
Cash at bank and in hand
(3,737)
(272)
Creditors: amounts falling due within one year
(2,173)
(3,955)
Net current (liabilities)/assets
(945)
1,185
Total assets less current liabilities
23,053
13,085
Creditors: amounts falling due after more than one year
(16,268)
(10,290)
Provisions for liabilities
Deferred tax
(6,000)
(2,261)
Called up share capital
100
100
Profit and loss account
685
434
Shareholders' funds
785
534
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 9 September 2026 and were signed on its behalf by
James Holliday
Director
Company Registration No. 15446137
Elite Driveways & Excavations Ltd
Notes to the Accounts
for the year ended 31 January 2026
Elite Driveways & Excavations Ltd is a private company, limited by shares, registered in England and Wales, registration number 15446137. The registered office is 92 St. Faiths Lane, Norwich, NR1 1NE.
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:
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Elite Driveways & Excavations Ltd
Notes to the Accounts
for the year ended 31 January 2026
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2025
14,000
-
14,000
At 31 January 2026
14,000
16,600
30,600
At 1 February 2025
2,100
-
2,100
Charge for the year
1,785
2,717
4,502
At 31 January 2026
3,885
2,717
6,602
At 31 January 2026
10,115
13,883
23,998
At 31 January 2025
11,900
-
11,900
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
9,835
-
Obligations under finance leases and hire purchase contracts
6,775
2,660
Taxes and social security
2,227
-
Loans from directors
(18,633)
-
7
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
15,015
7,980
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).