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REGISTERED NUMBER: 03341623 (England and Wales)












Lindsay Ellacott UK Ltd.

Unaudited Financial Statements

for the Year Ended 30 June 2024






Lindsay Ellacott UK Ltd. (Registered number: 03341623)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Lindsay Ellacott UK Ltd.

Company Information
for the Year Ended 30 June 2024







DIRECTORS: L P Ellacott
Mrs D Ellacott
B W Ellacott
C J Ellacott





SECRETARY: L P Ellacott





REGISTERED OFFICE: Newton Farm
Boyton
LAUNCESTON
Cornwall
PL15 9RL





REGISTERED NUMBER: 03341623 (England and Wales)





ACCOUNTANTS: ATC Advisors
Chartered Accountants
Unit 2 Dunheved Court
Pennygillam Way
LAUNCESTON
Cornwall
PL15 7ED

Lindsay Ellacott UK Ltd. (Registered number: 03341623)

Statement of Financial Position
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 239,925 139,913
Investments 5 650,000 650,000
889,925 789,913

CURRENT ASSETS
Stocks 6 56,020 58,629
Debtors 7 75,728 137,097
Cash at bank and in hand 143,972 77,237
275,720 272,963
CREDITORS
Amounts falling due within one year 8 113,948 59,003
NET CURRENT ASSETS 161,772 213,960
TOTAL ASSETS LESS CURRENT LIABILITIES 1,051,697 1,003,873

CREDITORS
Amounts falling due after more than one year 9 (8,400 ) (16,800 )

PROVISIONS FOR LIABILITIES (49,601 ) (34,414 )
NET ASSETS 993,696 952,659

CAPITAL AND RESERVES
Called up share capital 103 103
Retained earnings 993,593 952,556
SHAREHOLDERS' FUNDS 993,696 952,659

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.

Lindsay Ellacott UK Ltd. (Registered number: 03341623)

Statement of Financial Position - 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 March 2025 and were signed on its behalf by:





L P Ellacott - Director


Lindsay Ellacott UK Ltd. (Registered number: 03341623)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Lindsay Ellacott UK Ltd. 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the sale of goods, net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each assets over its estimated useful life.


Plant & Machinery- 25% on a reducing balance basis & 10% on cost
Fixtures & Fittings- 25% on a reducing balance basis & 20% on cost on a straight line basis
Motor Vehicles- 25% on a reducing balance basis

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 and loss.

3. EMPLOYEES AND DIRECTORS

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

Lindsay Ellacott UK Ltd. (Registered number: 03341623)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 July 2023 114,886 196,536 10,004 12,195 333,621
Additions 20,078 19,505 - 75,500 115,083
At 30 June 2024 134,964 216,041 10,004 87,695 448,704
DEPRECIATION
At 1 July 2023 11,490 165,788 8,631 7,799 193,708
Charge for year - 12,096 329 2,646 15,071
At 30 June 2024 11,490 177,884 8,960 10,445 208,779
NET BOOK VALUE
At 30 June 2024 123,474 38,157 1,044 77,250 239,925
At 30 June 2023 103,396 30,748 1,373 4,396 139,913

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 July 2023
and 30 June 2024 650,000
NET BOOK VALUE
At 30 June 2024 650,000
At 30 June 2023 650,000

Cost or valuation at 30 June 2024 is represented by:

Other
investments
£   
Valuation in 2005 218,984
Valuation in 2007 35,000
Valuation in 2010 179,603
Valuation in 2011 275,000
Valuation in 2016 50,000
Valuation in 2018 (75,000 )
Valuation in 2019 (100,000 )
Valuation in 2021 100,000
Valuation in 2022 (36,957 )
Valuation in 2023 3,370
650,000

Lindsay Ellacott UK Ltd. (Registered number: 03341623)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. FIXED ASSET INVESTMENTS - continued

If the investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 415,984 415,984

Investment Properties were valued on an fair value basis on 30 June 2023 by Lindsay Ellacott (Director) .

6. STOCKS
2024 2023
£    £   
Stocks 56,020 58,629

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,381 3,029
Other debtors 72,347 134,068
75,728 137,097

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 86,929 28,501
Taxation and social security 5,543 7,042
Other creditors 21,476 23,460
113,948 59,003

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 8,400 16,800

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
C J Ellacott
Balance outstanding at start of year 42,604 -
Amounts advanced - 42,604
Amounts repaid (42,604 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 42,604

Lindsay Ellacott UK Ltd. (Registered number: 03341623)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

11. RELATED PARTY DISCLOSURES

The company has loaned monies to North Beer Farms, a partnership in which the directors are partners of. As at 30th June 2024 the amount due from North Beer Farms was £70,126 (2023 - £70,024), no interest is being charged on this balance.

12. RESERVES

Total reserves is £993,594 and of this £813,366 is distributable.