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REGISTERED NUMBER: 04240900 (England and Wales)









ELLIS ELECTRICAL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






ELLIS ELECTRICAL LIMITED (REGISTERED NUMBER: 04240900)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ELLIS ELECTRICAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: D Ellis
Mrs J A Ellis





SECRETARY: Mrs J A Ellis





REGISTERED OFFICE: Ellis House
E6 Fareham Heights
Standard Way
Fareham
Hampshire
PO16 8XT





REGISTERED NUMBER: 04240900 (England and Wales)





ACCOUNTANTS: Morris Crocker
Chartered Accountants
Station House
North Street
Havant
Hampshire
PO9 1QU

ELLIS ELECTRICAL LIMITED (REGISTERED NUMBER: 04240900)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,096 21,926

CURRENT ASSETS
Stocks 1,000 1,000
Debtors 5 49,354 203,941
Cash at bank and in hand 308,462 35,099
358,816 240,040
CREDITORS
Amounts falling due within one year 6 91,856 85,236
NET CURRENT ASSETS 266,960 154,804
TOTAL ASSETS LESS CURRENT
LIABILITIES

283,056

176,730

PROVISIONS FOR LIABILITIES 7 2,757 3,835
NET ASSETS 280,299 172,895

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 280,199 172,795
SHAREHOLDERS' FUNDS 280,299 172,895

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 18 October 2023 and were signed on its behalf by:



D Ellis - Director


ELLIS ELECTRICAL LIMITED (REGISTERED NUMBER: 04240900)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Ellis Electrical 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents the value of services provided during the year net of Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - over the period of the lease
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Debtors and cash at bank: Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand includes cash on deposit or in a current account.

Creditors and provisions: Creditors and provisions are recognised where there is a present obligation resulting from a past event that will probably result in the transfer of economic benefits to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

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 at the balance sheet date, except as otherwise required in the paragraphs below.

Unrelieved 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.

Deferred tax shall not be recognised on permanent differences, other than a business combination where assets (other than goodwill) give rise to an deferred tax asset or liability.

ELLIS ELECTRICAL LIMITED (REGISTERED NUMBER: 04240900)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 April 2022 3,447 41,290 80,356 3,985 129,078
Additions - - 1,234 - 1,234
Disposals - (6,444 ) (47,017 ) (3,500 ) (56,961 )
At 31 March 2023 3,447 34,846 34,573 485 73,351
DEPRECIATION
At 1 April 2022 1,705 35,742 65,944 3,761 107,152
Charge for year 158 695 1,863 7 2,723
Eliminated on disposal - (5,530 ) (43,787 ) (3,303 ) (52,620 )
At 31 March 2023 1,863 30,907 24,020 465 57,255
NET BOOK VALUE
At 31 March 2023 1,584 3,939 10,553 20 16,096
At 31 March 2022 1,742 5,548 14,412 224 21,926

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 16,126 26,849
Other debtors 33,228 177,092
49,354 203,941

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 26,490 60,221
Taxation and social security 51,897 13,299
Other creditors 13,469 11,716
91,856 85,236

ELLIS ELECTRICAL LIMITED (REGISTERED NUMBER: 04240900)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 2,757 3,835

Deferred
tax
£   
Balance at 1 April 2022 3,835
Accelerated capital (1,078 )
allowance
Balance at 31 March 2023 2,757

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

9. CONTROLLING PARTY

The company is a fully owned subsidiary of D J E Group Holdings Limited, Ellis House, E6 Fareham Heights, Standard Way, Fareham, Hampshire, PO16 8XT.