ELLACOTT MORRIS LIMITED


Directors	MORRIS, Michelle Helen
	SYMONDS, Anjuli


Registered Address	2 Colchester Road
	Waterloo House
	St. Osyth
	CO16 8HA


Registered Number	07866729 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		267,696		270,776
			267,696		270,776
Current assets
Debtors		96,006		96,393
Cash at bank and on hand		51,942		21,337
		147,948		117,730
Creditors amounts falling due within one year	4	(147,152)		(110,577)
Net current assets (liabilities)			796		7,153
Total assets less current liabilities			268,492		277,929
Creditors amounts falling due after one year	5		(231,533)		(190,937)
Net assets			36,959		86,992
Capital and reserves
Called up share capital			200		200
Profit and loss account			36,759		86,792
Shareholders' funds			36,959		86,992

The company was entitled to exemption from audit for this reporting period 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.
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 and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 28 April 2025, and are signed on its behalf by:

MORRIS, Michelle Helen
Director

SYMONDS, Anjuli
Director

Registered Company No. 07866729

ELLACOTT MORRIS LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	These financial statements have been prepared under the historical cost convention and in accordance with the provisions of FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland, as applied to small entities by Section 1A of the standard.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	After reviewing the company’s forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.

	Turnover policy
	Turnover is measured at the fair value of consideration received or receivable, excluding value added tax. Revenue comprises fees for accountancy, tax, and advisory services provided during the year. Revenue from recurring service packages, typically paid monthly, is recognised on a straight-line basis over the period in which the services are provided. Income from one-off or project-based work is recognised when the service is substantially complete and the outcome can be reliably measured.

Turnover policy

Turnover is measured at the fair value of consideration received or receivable, excluding value added tax. Revenue comprises fees for accountancy, tax, and advisory services provided during the year.

Revenue from recurring service packages, typically paid monthly, is recognised on a straight-line basis over the period in which the services are provided.

Income from one-off or project-based work is recognised when the service is substantially complete and the outcome can be reliably measured.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	No provision has been made for deferred taxation as the timing differences are not considered to be material.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Depreciation is provided on all tangible fixed assets, other than freehold buildings, at the rate of 25% per annum on a reducing balance basis. Freehold buildings are not depreciated as the directors consider that the residual value is not materially different from cost.


		Reducing balance (%)
	Plant and machinery	25
	Vehicles	25
	Office Equipment	25

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Share capital
	The company has issued 200 ordinary shares of £1 each, all of which are fully paid. Ordinary shares carry full rights in respect of voting, dividends, and distributions.

	Related parties
	The company is jointly controlled by the directors, Michelle Morris and Anjuli Symonds, who each own 27.5% of the issued share capital. The company holds 100% of the share capital of Ellacott Morris Solutions Ltd and Accounticorn Ltd. Michelle Morris and Anjuli Symonds each own 50% of Ellacott Morris Properties Ltd. At the start of the year, Ellacott Morris Properties Ltd owed £36,850 to the company. During the year, it repaid £1,000 and £1,500 and borrowed further amounts of £660.06 and £885.69. The balance outstanding at the year-end was £34,895.75. Ellacott Morris Solutions Ltd paid a dividend of £4,800 to the company during the year and also loaned £1,200 to the company. All transactions were conducted at arm’s length and the year-end balances are unsecured, interest-free, and repayable on demand.

Related parties

The company is jointly controlled by the directors, Michelle Morris and Anjuli Symonds, who each own 27.5% of the issued share capital.

The company holds 100% of the share capital of Ellacott Morris Solutions Ltd and Accounticorn Ltd. Michelle Morris and Anjuli Symonds each own 50% of Ellacott Morris Properties Ltd.

At the start of the year, Ellacott Morris Properties Ltd owed £36,850 to the company. During the year, it repaid £1,000 and £1,500 and borrowed further amounts of £660.06 and £885.69. The balance outstanding at the year-end was £34,895.75.

Ellacott Morris Solutions Ltd paid a dividend of £4,800 to the company during the year and also loaned £1,200 to the company.

All transactions were conducted at arm’s length and the year-end balances are unsecured, interest-free, and repayable on demand.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	12		10

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 January 24	217,388	1,521	35,983	60,321	315,213
Additions	-	2,791	32,006	4,984	39,781
Disposals	-	-	(35,983)	-	(35,983)
At 31 December 24	217,388	4,312	32,006	65,305	319,011
Depreciation and impairment
At 01 January 24	-	585	8,995	34,857	44,437
Charge for year	-	931	8,002	6,941	15,874
On disposals	-	-	(8,996)	-	(8,996)
At 31 December 24	-	1,516	8,001	41,798	51,315
Net book value
At 31 December 24	217,388	2,796	24,005	23,507	267,696
At 31 December 23	217,388	936	26,988	25,464	270,776

4.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	749	4,230
Bank borrowings and overdrafts	29,335	1,279
Taxation and social security	56,157	50,238
Finance lease and HP contracts	7,597	25,733
Other creditors	53,314	29,097
Total	147,152	110,577


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

5.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	152,366	173,187
Other creditors	79,167	17,750
Total	231,533	190,937

6.	Provisions for liabilities
	There are no provisions to report.

7.	Contingent liabilities
	There are no contingent liabilities to report.