REGISTERED NUMBER: 10574850 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

ELITE CHRISTMAS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms K P Merryweather

Mr A K Sweet

REGISTERED OFFICE:

Wildacres

Farningham Hill Road

Farningham

Kent

DA4 0JR

REGISTERED NUMBER:

10574850 (England and Wales)

ACCOUNTANTS:

Sargeant Partnership Limited

Chartered Accountants

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

124,645

107,563

124,645

107,563

CURRENT ASSETS

Debtors

6

66,476

36,048

Cash at bank

220,403

205,548

286,879

241,596

CREDITORS

Amounts falling due within one year

7

125,049

137,588

NET CURRENT ASSETS

161,830

104,008

TOTAL ASSETS LESS CURRENT LIABILITIES

286,475

211,571

CREDITORS

Amounts falling due after more than one year

8

(22,471

)

(2,884

)

PROVISIONS FOR LIABILITIES

9

(11,832

)

(2,947

)

NET ASSETS

252,172

205,740

CAPITAL AND RESERVES

Called up share capital

10

4

4

Retained earnings

11

252,168

205,736

SHAREHOLDERS' FUNDS

252,172

205,740

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 October 2026 and were signed on its behalf by:

Ms K P Merryweather - Director

1.	STATUTORY INFORMATION

Elite Christmas Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover consists of services provided and is measured at the fair value of the consideration received or receivable excluding value added tax and is recognised on provision of service.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Buildings

-

10% per annum on cost

Motor Vehicles

-

Straight line over 4 years

Plant and machinery

-

25% per annum on reducing balance

Fixtures and fittings

-

25% per annum on reducing balance

Computer equipment

-

25% per annum on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 February 2025

and 31 January 2026

19,500

AMORTISATION

At 1 February 2025

and 31 January 2026

19,500

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

5.	TANGIBLE FIXED ASSETS

Motor

Plant and

Buildings

Vehicles

machinery

£

£

£

COST

At 1 February 2025

99,384

-

8,040

Additions

-

38,640

-

At 31 January 2026

99,384

38,640

8,040

DEPRECIATION

At 1 February 2025

24,108

-

4,334

Charge for year

9,938

4,830

926

At 31 January 2026

34,046

4,830

5,260

NET BOOK VALUE

At 31 January 2026

65,338

33,810

2,780

At 31 January 2025

75,276

-

3,706

Fixtures

and

Equipment

Computer

fittings

for Hire

equipment

Totals

£

£

£

£

COST

At 1 February 2025

600

25,000

8,236

141,260

Additions

308

-

1,248

40,196

At 31 January 2026

908

25,000

9,484

181,456

DEPRECIATION

At 1 February 2025

415

-

4,840

33,697

Charge for year

56

6,250

1,114

23,114

At 31 January 2026

471

6,250

5,954

56,811

NET BOOK VALUE

At 31 January 2026

437

18,750

3,530

124,645

At 31 January 2025

185

25,000

3,396

107,563

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

62,645

32,629

Other debtors

3,831

3,419

66,476

36,048

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

2,884

6,799

Hire purchase contracts

8,426

-

Trade creditors

3,883

604

Taxation and social security

67,221

64,607

Other creditors

42,635

65,578

125,049

137,588

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

2,884

Hire purchase contracts

22,471

-

22,471

2,884

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

Accelerated capital allowances

11,832

2,947

Deferred

tax

£

Balance at 1 February 2025

2,947

Accelerated Capital Allowances

8,885

Balance at 31 January 2026

11,832

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

4

Ordinary

£1

4

4

11.

RESERVES

Retained

earnings

£

At 1 February 2025

205,736

Profit for the year

86,432

Dividends

(40,000

)

At 31 January 2026

252,168

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed the directors K Merryweather £1,282 (2025: £13,396) and A Sweet £6,282 (2025: £18,395).

Dividends were voted in the year of £40,000 (2025: £14,000).

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party are the directors due to their equal shareholdings.