| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 7 November 2023 to 31 March 2025 |
| for |
| Ellwood Atfield Trustees Ltd |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 7 November 2023 to 31 March 2025 |
| for |
| Ellwood Atfield Trustees Ltd |
| Ellwood Atfield Trustees Ltd (Registered number: 15267234) |
| Contents of the Financial Statements |
| for the Period 7 November 2023 to 31 March 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Ellwood Atfield Trustees Ltd |
| Company Information |
| for the Period 7 November 2023 to 31 March 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 93 Tabernacle Street |
| London |
| EC2A 4BA |
| Ellwood Atfield Trustees Ltd (Registered number: 15267234) |
| Balance Sheet |
| 31 March 2025 |
| Notes | £ |
| Fixed assets |
| Investments | 4 |
| Current assets |
| Cash in hand |
| Creditors |
| Amounts falling due within one year | 5 | ( |
) |
| Net current liabilities | ( |
) |
| Total assets less current liabilities |
| Capital and reserves |
| Called up share capital |
| Retained earnings |
| 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 |
| Ellwood Atfield Trustees Ltd (Registered number: 15267234) |
| Notes to the Financial Statements |
| for the Period 7 November 2023 to 31 March 2025 |
| 1. | STATUTORY INFORMATION |
| Ellwood Atfield Trustees Ltd is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| BASIS OF PREPARING THE FINANCIAL STATEMENTS |
| INVESTMENTS IN SUBSIDIARIES |
| Investments in subsidiary undertakings are recognised at cost. |
| TAXATION |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss 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. |
| CASH AND CASH EQUIVALENTS |
| Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. |
| . |
| Ellwood Atfield Trustees Ltd (Registered number: 15267234) |
| Notes to the Financial Statements - continued |
| for the Period 7 November 2023 to 31 March 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| FINANCIAL INSTRUMENTS |
| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. |
| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. |
| Financial assets and liabilities are offset , with the net amounts presented in the financial statements ,when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. |
| BASIC FINANCIAL ASSETS |
| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. |
| CLASSIFICATION OF FINANCIAL LIABILITIES |
| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. |
| BASIC FINANCIAL LIABILITIES |
| Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. |
| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. |
| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. |
| EQUITY INSTRUMENTS |
| Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| Ellwood Atfield Trustees Ltd (Registered number: 15267234) |
| Notes to the Financial Statements - continued |
| for the Period 7 November 2023 to 31 March 2025 |
| 4. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertaking |
| £ |
| COST |
| Additions |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| During 2023, the Company (Acting In Its Capacity As Trustee Of Ellwood Atfield Trustees Limited) purchased shares from certain shareholders of Ellwood and Atfield Limited, for total consideration of £4,839,030. The company is now the ultimate controlling party of Ellwood and Atfield Limited. |
| During the period ended 31 March 2025, the consideration reduced by £154,102 due to shares lapsed on account of two members leaving. The total consideration for shares in group undertaking after reduction of shares lapsed as at 31 March 2025 £4,684,928 is reflected as fixed asset investments. |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Other creditors |