REGISTERED NUMBER: 01245596 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

WEST ELLA ESTATES LIMITED

Page

Company Information

1

Report of the Directors

2

Chartered Certified Accountants' Report

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTORS:

J F Bladon

Mrs A M Bladon

J C Bladon

Mrs E J Worrall

SECRETARY:

Mrs A M Bladon

REGISTERED OFFICE:

Bitham House

Cutting Hill

Hungerford

RG17 0RW

REGISTERED NUMBER:

01245596 (England and Wales)

ACCOUNTANTS:

Bradbury & Co

Chartered Tax Advisers and Accountants

Driffield

The directors present their report with the financial statements of the company for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of property trading.

During the year the company continued its business of acquiring stocks of properties for resale.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

J F Bladon

Mrs A M Bladon

J C Bladon

Mrs E J Worrall

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mrs A M Bladon - Secretary

20 November 2025

The following reproduces the text of the report prepared for the directors 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 Directors 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 West Ella Estates Limited for the year ended 31 March 2025 which comprise the Statement of Income and Retained Earnings, 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of West Ella Estates Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of West Ella Estates Limited and state those matters that we have agreed to state to the Board of Directors of West Ella Estates Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that West Ella Estates 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 West Ella Estates Limited. You consider that West Ella Estates 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 West Ella Estates 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.

Bradbury & Co

Chartered Tax Advisers and Accountants

Driffield

20 November 2025

FIXED ASSETS

Tangible assets

4

3,674

7,728

Investments

5

1,269,520

1,424,672

1,273,194

1,432,400

CURRENT ASSETS

Stocks

50,338,446

44,356,579

Debtors

6

3,155,562

1,880,054

Cash at bank

870,252

-

54,364,260

46,236,633

CREDITORS

Amounts falling due within one year

7

(10,135,252

)

(3,500,181

)

NET CURRENT ASSETS

44,229,008

42,736,452

TOTAL ASSETS LESS CURRENT LIABILITIES

45,502,202

44,168,852

CAPITAL AND RESERVES

Called up share capital

1,870

1,870

Share premium

9

7,529,745

7,529,745

Retained earnings

9

37,970,587

36,637,237

SHAREHOLDERS' FUNDS

45,502,202

44,168,852

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2025 and were signed on its behalf by:

J F Bladon - Director

Mrs A M Bladon - Director

1.	STATUTORY INFORMATION

West Ella Estates 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 represents net invoiced sales of properties, excluding value added tax.

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 cost

Investments in associates

Investments in associates are recognised at cost or with exception when there is an impairment in value this is reflected in the financial statements.

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 Statement of Income and Retained Earnings, 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.

Other operating income

Other operating income includes rental income on properties held for resale. Rental income is recognised on the basis of occupancy of the properties.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

29,469

DEPRECIATION

At 1 April 2024

21,741

Charge for year

4,054

At 31 March 2025

25,795

NET BOOK VALUE

At 31 March 2025

3,674

At 31 March 2024

7,728

5.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 April 2024

1,424,672

Impairments

(155,152

)

At 31 March 2025

1,269,520

NET BOOK VALUE

At 31 March 2025

1,269,520

At 31 March 2024

1,424,672

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,357,964

7,204

Amounts owed by group undertakings

1,797,598

1,872,850

3,155,562

1,880,054

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

9,800,000

3,059,911

Trade creditors

89,500

19,800

Taxation and social security

235,065

402,414

Other creditors

10,687

18,056

10,135,252

3,500,181

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdraft

-

59,911

Bank loans

9,800,000

3,000,000

9,800,000

3,059,911

National Westminster Bank Plc has a fixed and floating charge over the company's assets.

9.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 April 2024

36,637,237

7,529,745

44,166,982

Profit for the year

1,333,350

1,333,350

At 31 March 2025

37,970,587

7,529,745

45,500,332