Elevate Employment Services Limited 30/04/2026 iXBRL

Company registration number: 16701506

Elevate Employment Services Limited

Unaudited filleted financial statements

30 April 2026

Elevate Employment Services Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Elevate Employment Services Limited

Directors and other information


Director	Mr Ian Ross	(Appointed 8 September 2025)


Company number	16701506


Registered office	137 New Road
	Skewen
	Neath
	SA10 6HL


Business address	137 New Road
	Skewen
	Neath
	SA10 6HL


Accountants	Morgan Hemp & Co Limited
	103-104 Walter Road
	Swansea
	SA1 5QF




	Bankers	Barclays

Elevate Employment Services Limited

Report to the director on the preparation of the

unaudited statutory financial statements of Elevate Employment Services Limited

Period ended 30 April 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Elevate Employment Services Limited for the period ended 30 April 2026 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.

This report is made solely to the director of Elevate Employment Services Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Elevate Employment Services Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Elevate Employment Services Limited and its director as a body for our work or for this report.

It is your duty to ensure that Elevate Employment Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Elevate Employment Services Limited. You consider that Elevate Employment Services Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Elevate Employment Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Morgan Hemp & Co Limited

Chartered Accountants

103-104 Walter Road

Swansea

SA1 5QF

26 October 2026

Elevate Employment Services Limited

Statement of financial position

30 April 2026

		30/04/26
	Note	£	£

Fixed assets
Intangible assets	5	8,986
		_______
			8,986

Current assets
Debtors	6	251,039
Cash at bank and in hand		151,467
		_______
		402,506
Creditors: amounts falling due
within one year	7	( 372,644)
		_______
Net current assets			29,862
			_______
Total assets less current liabilities			38,848

			_______
Net assets			38,848
			_______

Capital and reserves
Called up share capital	8		2
Profit and loss account			38,846
			_______
Shareholders funds			38,848
			_______

For the period ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 26 October 2026 , and are signed on behalf of the board by:

Mr Ian Ross

Director

Company registration number: 16701506

Elevate Employment Services Limited

Notes to the financial statements

Period ended 30 April 2026

1. General information

The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is 137 New Road, Skewen, Neath, SA10 6HL.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 29

5. Intangible assets

	Goodwill	Total
	£	£
Cost
At 8 September 2025	-	-
Additions	21,967	21,967
	_______	_______
At 30 April 2026	21,967	21,967
	_______	_______
Amortisation
At 8 September 2025	-	-
Charge for the period	12,981	12,981
	_______	_______
At 30 April 2026	12,981	12,981
	_______	_______
Carrying amount
At 30 April 2026	8,986	8,986
	_______	_______

6. Debtors

			30/04/26
			£
	Trade debtors		78,641
	Other debtors		172,398
			_______
			251,039
			_______

7. Creditors: amounts falling due within one year

			30/04/26
			£
	Trade creditors		44,155
	Social security and other taxes		106,494
	Other creditors		221,995
			_______
			372,644
			_______

8. Called up share capital

Issued, called up and fully paid

	30/04/26
	No	£
Ordinary shares of £ 1.00 each	2	2
	_______	_______

9. Operating leases

The company as lessee

The total future minimum lease payments under non-cancellable operating leases are as follows:


	£

Not later than 1 year	8,066
Later than 1 year and not later than 5 years	12,771
	_______
	20,837
	_______

10. Related party transactions

Included in debtors is the sum of £8,002 owed by Whitehead-Ross Social Work Ltd, a company connected by the director.Included in creditors is the sum of £163,000 owed to Ian Ross Investments Ltd, a company connected by the director.Included in creditors is the sum of £8,524 owed to the director by the company. The loan is interest free and repayable on demand.