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REGISTERED NUMBER: 05099534 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

ELLIOTT EGGS LIMITED

ELLIOTT EGGS LIMITED (REGISTERED NUMBER: 05099534)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


ELLIOTT EGGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: S P Elliott
Mrs C A Elliott
T G Elliott
M S Elliott
P J R Elliott





SECRETARY: Mrs C A Elliott





REGISTERED OFFICE: Manor Farm
Bewholme
Driffield
East Yorkshire
YO25 8DX





REGISTERED NUMBER: 05099534 (England and Wales)





ACCOUNTANTS: Bradbury & Co
Chartered Tax Advisers and Accountants
Driffield

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ELLIOTT EGGS LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Elliott Eggs Limited for the year ended 30 June 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the 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/rulebook.

This report is made solely to the Board of Directors of Elliott Eggs Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Elliott Eggs Limited and state those matters that we have agreed to state to the Board of Directors of Elliott Eggs Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Elliott Eggs 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 Elliott Eggs Limited. You consider that Elliott Eggs Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Elliott Eggs 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.






Bradbury & Co
Chartered Tax Advisers and Accountants
Driffield


8 October 2024

ELLIOTT EGGS LIMITED (REGISTERED NUMBER: 05099534)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 3,662 387
Tangible assets 5 4,516,683 4,079,326
Investment property 6 139,971 -
4,660,316 4,079,713

CURRENT ASSETS
Stocks 612,203 390,153
Debtors 7 792,334 1,141,713
Cash at bank and in hand 139,289 48,992
1,543,826 1,580,858
CREDITORS
Amounts falling due within one year 8 (1,251,975 ) (1,265,860 )
NET CURRENT ASSETS 291,851 314,998
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,952,167

4,394,711

CREDITORS
Amounts falling due after more than one
year

9

(1,730,381

)

(1,983,958

)

PROVISIONS FOR LIABILITIES (623,207 ) -
NET ASSETS 2,598,579 2,410,753

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,598,479 2,410,653
SHAREHOLDERS' FUNDS 2,598,579 2,410,753

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

ELLIOTT EGGS LIMITED (REGISTERED NUMBER: 05099534)

BALANCE SHEET - continued
30 JUNE 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 October 2024 and were signed on its behalf by:




S P Elliott - Director



Mrs C A Elliott - Director


ELLIOTT EGGS LIMITED (REGISTERED NUMBER: 05099534)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Elliott Eggs 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Entitlements is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 15% on reducing balance and 5% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 Statement of Income and Retained Earnings, 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.


ELLIOTT EGGS LIMITED (REGISTERED NUMBER: 05099534)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


2. ACCOUNTING POLICIES - continued
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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 50 (2023 - 40 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 July 2023 596
Additions 3,995
At 30 June 2024 4,591
AMORTISATION
At 1 July 2023 209
Charge for year 720
At 30 June 2024 929
NET BOOK VALUE
At 30 June 2024 3,662
At 30 June 2023 387

ELLIOTT EGGS LIMITED (REGISTERED NUMBER: 05099534)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023 727,014 4,566,657 5,293,671
Additions 169,300 1,094,012 1,263,312
Disposals (47,673 ) (565,864 ) (613,537 )
At 30 June 2024 848,641 5,094,805 5,943,446
DEPRECIATION
At 1 July 2023 - 1,214,345 1,214,345
Charge for year 6,354 408,925 415,279
Eliminated on disposal - (202,861 ) (202,861 )
At 30 June 2024 6,354 1,420,409 1,426,763
NET BOOK VALUE
At 30 June 2024 842,287 3,674,396 4,516,683
At 30 June 2023 727,014 3,352,312 4,079,326

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 July 2023 1,708,535
Additions 102,500
Disposals (136,780 )
At 30 June 2024 1,674,255
DEPRECIATION
At 1 July 2023 243,778
Charge for year 210,728
At 30 June 2024 454,506
NET BOOK VALUE
At 30 June 2024 1,219,749
At 30 June 2023 1,464,757

ELLIOTT EGGS LIMITED (REGISTERED NUMBER: 05099534)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 139,971
At 30 June 2024 139,971
NET BOOK VALUE
At 30 June 2024 139,971

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 444,815 350,361
Other debtors 347,519 791,352
792,334 1,141,713

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 378,138 311,299
Hire purchase contracts (see note 10) 348,464 210,511
Trade creditors 121,788 296,707
Taxation and social security 49,311 20,593
Other creditors 354,274 426,750
1,251,975 1,265,860

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 609,057 741,191
Hire purchase contracts (see note 10) 1,070,695 1,184,349
Other creditors 50,629 58,418
1,730,381 1,983,958

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years by
instalments

344,641

389,751
Other loans more than 5 years by
instalments

19,473

27,262
364,114 417,013

ELLIOTT EGGS LIMITED (REGISTERED NUMBER: 05099534)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


10. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 348,464 210,511
Between one and five years 1,070,695 1,184,349
1,419,159 1,394,860

Non-cancellable operating leases
2024 2023
£    £   
Within one year 48,420 48,420
Between one and five years 108,945 157,365
157,365 205,785