| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 March 2025 |
| for |
| ELLIS & COMPANY (MOTORS) LIMITED |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 March 2025 |
| for |
| ELLIS & COMPANY (MOTORS) LIMITED |
| ELLIS & COMPANY (MOTORS) LIMITED (REGISTERED NUMBER: 00559387) |
| Contents of the Financial Statements |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| ELLIS & COMPANY (MOTORS) LIMITED |
| Company Information |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| The Granary |
| High Street |
| Turvey |
| Bedford |
| Bedfordshire |
| MK43 8DB |
| ELLIS & COMPANY (MOTORS) LIMITED (REGISTERED NUMBER: 00559387) |
| Balance Sheet |
| 31 MARCH 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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 were approved by the Board of Directors and authorised for issue on |
| ELLIS & COMPANY (MOTORS) LIMITED (REGISTERED NUMBER: 00559387) |
| Notes to the Financial Statements |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 1. | STATUTORY INFORMATION |
| Ellis & Company (Motors) Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Plant and machinery etc | - |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST OR VALUATION |
| At 1 April 2024 |
| Additions |
| At 31 March 2025 |
| DEPRECIATION |
| At 1 April 2024 |
| Charge for year |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| ELLIS & COMPANY (MOTORS) LIMITED (REGISTERED NUMBER: 00559387) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 4. | TANGIBLE FIXED ASSETS - continued |
| Cost or valuation at 31 March 2025 is represented by: |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| Valuation in 2019 | 4,664,173 | - | 4,664,173 |
| Valuation in 2023 | (55,790 | ) | - | (55,790 | ) |
| Cost | 903,161 | 257,499 | 1,160,660 |
| 5,511,544 | 257,499 | 5,769,043 |
| The accounts are prepared under Financial Reporting Standard (FRS) 102 (1A). This requires that investment property is recorded at fair value. In previous year's the exemption that fair value cannot be measured reliably without undue cost or effort, was taken advantage of which required the cost basis to be used. However, a valuation was obtained at considerable cost at 31 March 2019 and these valuations form the investment property asset value in these accounts. |
| The valuation was carried out by an independent professional valuer who is FRICS qualified. |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts |
| Taxation and social security |
| Other creditors |
| 7. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| The bank holds security in the form of a debenture and legal charges over the property of the company. |
| 8. | RELATED PARTY DISCLOSURES |
| The Trustees of L N Johnston (Deceased) own 1901 shares which is a majority shareholding and controlling interest of Ellis & Co (Motors) Ltd. The Trustees of L N Johnston (Deceased) owe £461,389 (2024 £461,389) to Ellis & Co (Motors) Ltd and this is included in other debtors in the accounts. |
| 9. | ULTIMATE CONTROLLING PARTY |
| The company is controlled by the Trustees of the Late L N Johnston. |