REGISTERED NUMBER: 06159598 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Elis Williams Construction Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTOR:

Mr M E Williams

REGISTERED OFFICE:

Adeilad St David's Building

Stryd Lombard Street

Porthmadog

Gwynedd

LL49 9AP

REGISTERED NUMBER:

06159598 (England and Wales)

ACCOUNTANTS:

Dunn & Ellis Cyf

Chartered Accountants

Adeilad St David's Building

Stryd Lombard Street

Porthmadog

Gwynedd

LL49 9AP

FIXED ASSETS

Tangible assets

4

809,886

378,782

CURRENT ASSETS

Stocks

5,000

5,000

Debtors

5

723,194

1,071,559

Cash at bank and in hand

4,503,179

3,619,575

5,231,373

4,696,134

CREDITORS

Amounts falling due within one year

6

1,569,185

1,997,383

NET CURRENT ASSETS

3,662,188

2,698,751

TOTAL ASSETS LESS CURRENT LIABILITIES

4,472,074

3,077,533

CREDITORS

Amounts falling due after more than one year

7

(203,091

)

(241,360

)

PROVISIONS FOR LIABILITIES

(17,833

)

(20,294

)

NET ASSETS

4,251,150

2,815,879

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,251,050

2,815,779

SHAREHOLDERS' FUNDS

4,251,150

2,815,879

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 16 September 2025 and were signed by:

Mr M E Williams - Director

1.	STATUTORY INFORMATION

Elis Williams Construction 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.

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

-

20% on reducing balance

Fixed assets are stated at their cost prices less accumulated depreciation and less any amounts recognised in respect of any impairment.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

299,462

229,903

529,365

Additions

461,252

2,630

463,882

At 31 December 2024

760,714

232,533

993,247

DEPRECIATION

At 1 January 2024

5,969

144,614

150,583

Charge for year

15,195

17,583

32,778

At 31 December 2024

21,164

162,197

183,361

NET BOOK VALUE

At 31 December 2024

739,550

70,336

809,886

At 31 December 2023

293,493

85,289

378,782

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

44,433

588,073

Other debtors

678,761

483,486

723,194

1,071,559

The Other debtors as stated above comprises of the following amounts owed to Elis Williams Construction Ltd from the following companies in which Mr M E Williams is a Director.

£12,968 owed from Felin Properties Limited £10,968 (2023)

£17,049 owed from JESE Properties Limited £14,049 (2023)

£130,646 owed from EJW Properties Ltd £130,646 (2023)

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

60,406

59,964

Hire purchase contracts

20,218

24,325

Trade creditors

768,092

826,462

Taxation and social security

602,891

889,586

Other creditors

117,578

197,046

1,569,185

1,997,383

The Other creditors as stated above comprises of the following amounts owed from Elis Williams Construction Ltd to the following companies in which Mr M E Williams is a Director.

£47,050 owed to Mentro Developments Limited £47,050 (2023)

£23,853 owed to North Wales Labour Force Ltd £23,853 (2023)

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

8,135

28,354

Other creditors

194,956

213,006

203,091

241,360

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Leasehold property

197,424

293,493

Charge code: 0615 9598 0002

Created: 3/8/2023

Persons entitled: HSBC UK Bank plc

Description: Leasehold property known as Unit 15 Bridge Industrial Estate, Speke Hall Road, Speke

Land registry title number MS276605.

Contains negative pledge.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

Mr M E Williams

Balance outstanding at start of year

247,098

136,569

Amounts advanced

256,706

213,766

Amounts repaid

(102,113

)

(103,237

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

401,691

247,098

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £82,340 (2023 - £41,170) were paid to the director .

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Elis Williams Construction Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Elis Williams Construction Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Elis Williams Construction Limited and state those matters that we have agreed to state to the director of Elis Williams Construction Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Elis Williams Construction Limited and its director for our work or for this report.

It is your duty to ensure that Elis Williams Construction Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Elis Williams Construction Limited. You consider that Elis Williams Construction Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Elis Williams Construction Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Dunn & Ellis Cyf

Chartered Accountants

Adeilad St David's Building

Stryd Lombard Street

Porthmadog

Gwynedd

LL49 9AP

Date: .............................................