Elite Capital and Management Services Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10347767

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		121,499		30,607
Tangible Assets	5		7,123		3,616

			128,622		34,223
CURRENT ASSETS
Debtors	6	44,602		136,897
Investments	7	7,680		-
Cash at bank and in hand		220,125		784,414

		272,407		921,311
Creditors: Amounts Falling Due Within One Year	8	(309,254 )		(50,705 )

NET CURRENT ASSETS (LIABILITIES)			(36,847 )		870,606

TOTAL ASSETS LESS CURRENT LIABILITIES			91,775		904,829

NET ASSETS			91,775		904,829

CAPITAL AND RESERVES
Called up share capital	9		221,255		220,936
Share premium account			3,705,600		3,699,077
Profit and Loss Account			(3,835,080 )		(3,015,184 )

SHAREHOLDERS' FUNDS			91,775		904,829

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Elite Capital and Management Services Limited

Balance Sheet (continued)

As At 31 January 2026

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 directors acknowledge their 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

Anouar Adham

Director

26 May 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Elite Capital and Management Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10347767 . The registered office is Solar House, 3rd Floor, 1-9 Romford Road, London, E15 4LJ.

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

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales taxes or duty. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue 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.

Dividends income

Revenue is recognised when the right to receive payment is established.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. No depreciation is provided in the year of acquisition. 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:

Plant & Machinery	25% of reducing balance
Furniture, fixtures and equipment	25% of reducing balance
Computer Equipment	25% of reducing balance

2.4. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.5. Investments

Investments in unlisted shares are initially recognised at cost, being the fair value of the consideration given.

Subsequent to initial recognition, unlisted investments are measured at fair value, where such value can be reliably determined. Due to the absence of an active market for these investments, the fair value is determined by the directors of the company.

Changes in fair value are recognised in the profit and loss account in the period in which they arise.

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Elite Capital and Management Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2025: 5)

4. Intangible Assets

	Other
	£
Cost
As at 1 February 2025	30,607
Additions	90,892

As at 31 January 2026	121,499

Net Book Value
As at 31 January 2026	121,499

As at 1 February 2025	30,607

Intangible assets comprise costs incurred in the development of the website. These are recognised as intangible assets only when the expenditure meets the criteria set out in Section 18 of FRS 102.

Assets under development are assessed for impairment at each reporting date and when indicators of impairment exist. Once development is complete, these intangible assets are measured at cost less any accumulated amortisation and accumulated impairment losses.

5. Tangible Assets

	Plant & Machinery	Furniture, fixtures and equipment	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 February 2025	1,454	2,986	6,464	10,904
Additions	-	432	5,033	5,465

As at 31 January 2026	1,454	3,418	11,497	16,369

Depreciation
As at 1 February 2025	1,147	2,358	3,783	7,288
Provided during the period	77	191	1,690	1,958

As at 31 January 2026	1,224	2,549	5,473	9,246

Net Book Value
As at 31 January 2026	230	869	6,024	7,123

As at 1 February 2025	307	628	2,681	3,616

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Elite Capital and Management Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

6. Debtors

	2026	2025
	£	£
Due within one year
Prepayments and accrued income	9,472	12,219
Other debtors	3,594	25,879
VAT	5,888	45,419
Amounts owed by other related parties	25,648	53,380

	44,602	136,897

7. Current Asset Investments

	2026	2025
	£	£
Unlisted investments	7,680	-

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other taxes and social security	10,355	11,679
Other creditors	255,072	5,612
Accruals and deferred income	11,154	2,475
Amounts owed to related parties	32,673	30,939

	309,254	50,705

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	221,255	220,936

10. Related Party Transactions

Included in creditors due within one year is an amount of £32,673 (2025: £30,939) owed to entities in which the directors of the company have beneficial interest. The amount is interest free and repayable on demand.

Included in debtors due within one year is an amount of £25,648 (2025: £53,380) owed by entities in which the directors of the company have beneficial interest. The amount is interest free and receivable on demand.

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