REGISTERED NUMBER: 04122000 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st December 2024

for

Andrews & Elliott Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr R Harris

SECRETARY:

Mrs C A Harris

REGISTERED OFFICE:

153 Mortimer Street

Herne Bay

Kent

CT6 5HA

REGISTERED NUMBER:

04122000 (England and Wales)

ACCOUNTANTS:

CWW Accountants

153 Mortimer Street

Herne Bay

Kent

CT6 5HA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

380,797

386,118

380,797

386,118

CURRENT ASSETS

Stocks

1,000

1,000

Debtors

6

35,570

32,042

Cash at bank and in hand

66,360

44,535

102,930

77,577

CREDITORS

Amounts falling due within one year

7

97,555

99,447

NET CURRENT ASSETS/(LIABILITIES)

5,375

(21,870

)

TOTAL ASSETS LESS CURRENT LIABILITIES

386,172

364,248

CREDITORS

Amounts falling due after more than one year

8

(13,965

)

(23,893

)

PROVISIONS FOR LIABILITIES

(5,399

)

(5,399

)

NET ASSETS

366,808

334,956

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

366,708

334,856

SHAREHOLDERS' FUNDS

366,808

334,956

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 director and authorised for issue on 4th September 2025 and were signed by:

Mr R Harris - Director

1.	STATUTORY INFORMATION

Andrews & Elliott 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2001, is being amortised evenly over its estimated useful life of twenty years.

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.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

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 balance sheet date.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st January 2024

and 31st December 2024

42,000

AMORTISATION

At 1st January 2024

and 31st December 2024

42,000

NET BOOK VALUE

At 31st December 2024

-

At 31st December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st January 2024

354,926

181,350

536,276

Additions

-

3,851

3,851

At 31st December 2024

354,926

185,201

540,127

DEPRECIATION

At 1st January 2024

-

150,158

150,158

Charge for year

-

9,172

9,172

At 31st December 2024

-

159,330

159,330

NET BOOK VALUE

At 31st December 2024

354,926

25,871

380,797

At 31st December 2023

354,926

31,192

386,118

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

32,420

28,892

Other debtors

3,150

3,150

35,570

32,042

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

8,128

2,189

Taxation and social security

32,653

39,783

Other creditors

56,774

57,475

97,555

99,447

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

13,965

23,893

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bounce back loan

13,965

23,893

9.	RELATED PARTY DISCLOSURES

The company was under the control of its director Mr R Harris for the current and previous year.