Ellon Financial Services Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: SC355449 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JANUARY 2026

FOR

ELLON FINANCIAL SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Peter Caldwell Brown

REGISTERED OFFICE:

Acumen House

Grange Road

Peterhead

Aberdeenshire

AB42 1WN

REGISTERED NUMBER:

SC355449 (Scotland)

ACCOUNTANTS:

Goldwells Ltd

Goldwells House

Grange Road

Peterhead

Aberdeenshire

AB42 1WN

FIXED ASSETS

Tangible assets

4

33,154

42,622

CURRENT ASSETS

Debtors

5

197,270

197,271

Cash at bank

72,453

62,936

269,723

260,207

CREDITORS

Amounts falling due within one year

6

108,105

110,583

NET CURRENT ASSETS

161,618

149,624

TOTAL ASSETS LESS CURRENT
LIABILITIES

194,772

192,246

CREDITORS

Amounts falling due after more than one
year

7

-

(31,279

)

PROVISIONS FOR LIABILITIES

(6,299

)

(8,098

)

NET ASSETS

188,473

152,869

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

188,373

152,769

SHAREHOLDERS' FUNDS

188,473

152,869

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 1st May 2026 and were signed by:

Peter Caldwell Brown - Director

1.	STATUTORY INFORMATION

Ellon Financial Services Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 goods, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1st February 2025

3,806

57,519

14,983

76,308

Additions

-

800

899

1,699

Disposals

-

(2,522

)

(2,522

)

At 31st January 2026

3,806

58,319

13,360

75,485

DEPRECIATION

At 1st February 2025

2,781

21,570

9,335

33,686

Charge for year

256

9,104

1,505

10,865

Eliminated on disposal

-

(2,220

)

(2,220

)

At 31st January 2026

3,037

30,674

8,620

42,331

NET BOOK VALUE

At 31st January 2026

769

27,645

4,740

33,154

At 31st January 2025

1,025

35,949

5,648

42,622

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Other debtors

49,180

Director's current account

148,090

148,091

197,270

197,271

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Hire purchase contracts

31,279

10,490

Corporation tax

76,826

100,093

108,105

110,583

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Hire purchase contracts

-

31,279

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st January 2026 and 31st January 2025:

2026

2025

£

Peter Caldwell Brown

Balance outstanding at start of year

148,091

64,088

Amounts advanced

188,840

288,686

Amounts repaid

(188,841

)

(204,683

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

148,090

148,091

The loan is interest free and there is no fixed repayment date.