Company Registration No. 12532973 (England and Wales)
A D Ellis Property Limited
Unaudited accounts
for the year ended 31 March 2025
A D Ellis Property Limited
Unaudited accounts
Contents
A D Ellis Property Limited
Company Information
for the year ended 31 March 2025
Secretary
Patricia Ann Ellis
Company Number
12532973 (England and Wales)
Registered Office
6 Oak Ridge
Three Rivers Woodland Park
West Bradford
Clitheroe
Lancashire
BB7 3JW
England
Accountants
Goodbooks (Skipton) Ltd
Duke House
Duke Street
Skipton
North Yorkshire
BD23 2HQ
A D Ellis Property Limited
Statement of financial position
as at 31 March 2025
Tangible assets
13,273
17,623
Investment property
341,000
340,000
Cash at bank and in hand
1,780
1,090
Creditors: amounts falling due within one year
(146,385)
(154,494)
Net current liabilities
(144,153)
(152,994)
Total assets less current liabilities
210,120
204,629
Creditors: amounts falling due after more than one year
(155,037)
(155,037)
Provisions for liabilities
Deferred tax
(10,641)
(10,536)
Called up share capital
100
100
Profit and loss account
44,342
38,956
Shareholders' funds
44,442
39,056
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 December 2025 and were signed on its behalf by
Alec Dale Ellis
Director
Company Registration No. 12532973
A D Ellis Property Limited
Notes to the Accounts
for the year ended 31 March 2025
A D Ellis Property Limited is a private company, limited by shares, registered in England and Wales, registration number 12532973. The registered office is 6 Oak Ridge, Three Rivers Woodland Park, West Bradford, Clitheroe, Lancashire, BB7 3JW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% on reducing balance
Fixtures & fittings
15% on reducing balance
Investment property is included at most recent valuation. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
A D Ellis Property Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
30,339
771
31,110
At 31 March 2025
30,339
771
31,110
At 1 April 2024
13,273
214
13,487
Charge for the year
4,267
83
4,350
At 31 March 2025
17,540
297
17,837
At 31 March 2025
12,799
474
13,273
At 31 March 2024
17,066
557
17,623
Fair value at 1 April 2024
340,000
Net gain from fair value adjustments
1,000
Amounts falling due within one year
Accrued income and prepayments
452
410
7
Creditors: amounts falling due within one year
2025
2024
Loans from directors
145,801
153,263
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
155,037
155,037
9
Average number of employees
During the year the average number of employees was 1 (2024: 2).