ELITE IMPORTS LIMITED

Company Registration Number:
01990966 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

ELITE IMPORTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

ELITE IMPORTS LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Intangible assets: 3 877 877
Tangible assets: 4 0 5,123
Total fixed assets: 877 6,000
Current assets
Stocks:   186,681
Debtors:   2,165 1,688,417
Cash at bank and in hand: 426,530 1,144,945
Total current assets: 428,695 3,020,043
Creditors: amounts falling due within one year:   (55,544) (1,985,067)
Net current assets (liabilities): 373,151 1,034,976
Total assets less current liabilities: 374,028 1,040,976
Total net assets (liabilities): 374,028 1,040,976
Capital and reserves
Called up share capital: 2,000 2,000
Share premium account: 17,100 17,100
Profit and loss account: 354,928 1,021,876
Shareholders funds: 374,028 1,040,976

The notes form part of these financial statements

ELITE IMPORTS LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 June 2025
and signed on behalf of the board by:

Name: C SORENSEN
Status: Director

The notes form part of these financial statements

ELITE IMPORTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ELITE IMPORTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 3 3

ELITE IMPORTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Intangible Assets

Total
Cost £
At 01 April 2024 877
At 31 March 2025 877
Net book value
At 31 March 2025 877
At 31 March 2024 877

ELITE IMPORTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Tangible Assets

Total
Cost £
At 01 April 2024 44,972
Disposals (44,972)
At 31 March 2025 0
Depreciation
At 01 April 2024 39,849
Charge for year 4,046
Other adjustments (43,895)
At 31 March 2025 0
Net book value
At 31 March 2025 0
At 31 March 2024 5,123