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REGISTERED NUMBER: 06159598 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Elis Williams Construction Limited

Elis Williams Construction Limited (Registered number: 06159598)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Elis Williams Construction Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mr M E Williams





REGISTERED OFFICE: Adeilad St David's Building
Stryd Lombard Street
Porthmadog
Gwynedd
LL49 9AP





REGISTERED NUMBER: 06159598 (England and Wales)





ACCOUNTANTS: Dunn & Ellis Cyf
Chartered Accountants
Adeilad St David's Building
Stryd Lombard Street
Porthmadog
Gwynedd
LL49 9AP

Elis Williams Construction Limited (Registered number: 06159598)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 378,782 99,104

CURRENT ASSETS
Stocks 5,000 1,250
Debtors 5 1,071,559 499,588
Cash at bank and in hand 3,619,575 2,750,463
4,696,134 3,251,301
CREDITORS
Amounts falling due within one year 6 1,997,383 1,536,578
NET CURRENT ASSETS 2,698,751 1,714,723
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,077,533

1,813,827

CREDITORS
Amounts falling due after more than one
year

7

(241,360

)

(77,574

)

PROVISIONS FOR LIABILITIES (20,294 ) (18,830 )
NET ASSETS 2,815,879 1,717,423

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,815,779 1,717,323
SHAREHOLDERS' FUNDS 2,815,879 1,717,423

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Elis Williams Construction Limited (Registered number: 06159598)

Balance Sheet - continued
31 December 2023


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 director and authorised for issue on 19 September 2024 and were signed by:





Mr M E Williams - Director


Elis Williams Construction Limited (Registered number: 06159598)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Elis Williams Construction 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Fixed assets are stated at their cost prices less accumulated depreciation and less any amounts recognised in respect of any impairment.

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

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.

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.

Elis Williams Construction Limited (Registered number: 06159598)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 - 221,040 221,040
Additions 299,462 8,863 308,325
At 31 December 2023 299,462 229,903 529,365
DEPRECIATION
At 1 January 2023 - 121,936 121,936
Charge for year 5,969 22,678 28,647
At 31 December 2023 5,969 144,614 150,583
NET BOOK VALUE
At 31 December 2023 293,493 85,289 378,782
At 31 December 2022 - 99,104 99,104

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 588,073 137,956
Other debtors 483,486 361,632
1,071,559 499,588

The Other debtors as stated above comprises of the following amounts owed to Elis Williams Construction Ltd from the following companies in which Mr M E Williams is a Director.

£10,968 owed from Felin Properties Limited £8,968 (2022)
£14,049 owed from JESE Properties Limited £12,049 (2022)
£130,646 owed from EJW Properties Ltd £100,255 (2022)
£NIL owed from E&P Properties Ltd £64,412 (2022)

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 59,964 57,828
Hire purchase contracts 24,325 31,614
Trade creditors 826,462 879,180
Taxation and social security 889,586 443,992
Other creditors 197,046 123,964
1,997,383 1,536,578

Elis Williams Construction Limited (Registered number: 06159598)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

The Other creditors as stated above comprises of the following amounts owed from Elis Williams Construction Ltd to the following companies in which Mr M E Williams is a Director.

£47,050 owed to Mentro Developments Limited £47,050 (2022)
£23,853 owed to North Wales Labour Force Ltd £24,033 (2022)

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 28,354 52,678
Other creditors 213,006 24,896
241,360 77,574

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Leasehold property 293,493 -

Charge code: 0615 9598 0002
Created: 3/8/2023
Persons entitled: HSBC UK Bank plc
Description: Leasehold property known as Unit 15 Bridge Industrial Estate, Speke Hall Road, Speke
Land registry title number MS276605.
Contains negative pledge.

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
Mr M E Williams
Balance outstanding at start of year 136,569 39,377
Amounts advanced 213,766 203,180
Amounts repaid (103,237 ) (105,988 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 247,098 136,569

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £41,170 were paid to the director .