Ellsey And Company (Lancs) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00271439 (England and Wales)

Financial Statements

for the Year Ended 28 February 2026

for

Ellsey And Company (Lancs) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T J Williams

L A Williams

SECRETARY:

Mrs G Williams

REGISTERED OFFICE:

Unit 1 Tetbury Close

Challenge Way Martland Park

Wigan

Greater Manchester

WN5 0LA

REGISTERED NUMBER:

00271439 (England and Wales)

ACCOUNTANTS:

DJH Business Advisers Ltd T/A SB&P

Oriel House

2-8 Oriel Road

Bootle

L20 7EP

FIXED ASSETS

Tangible assets

4

1,233,622

1,301,291

CURRENT ASSETS

Stocks

674,193

679,606

Debtors

5

441,877

549,523

Cash at bank and in hand

1,347,231

1,812,066

2,463,301

3,041,195

CREDITORS

Amounts falling due within one year

6

630,202

928,623

NET CURRENT ASSETS

1,833,099

2,112,572

TOTAL ASSETS LESS CURRENT LIABILITIES

3,066,721

3,413,863

PROVISIONS FOR LIABILITIES

180,637

307,858

NET ASSETS

2,886,084

3,106,005

CAPITAL AND RESERVES

Called up share capital

7

5,100

Other reserves

17,000

Retained earnings

2,863,984

3,083,905

SHAREHOLDERS' FUNDS

2,886,084

3,106,005

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 3 July 2026 and were signed on its behalf by:

T J Williams - Director

1.	STATUTORY INFORMATION

Ellsey And Company (Lancs) 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 as modified by the revaluation of certain assets.

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.

Freehold land and property

-

4% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 17 (2025 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Fixtures

land and

Plant and

and

property

machinery

fittings

£

COST OR VALUATION

At 1 March 2025

1,300,810

973,046

91,926

Additions

-

101

Disposals

-

At 28 February 2026

1,300,810

973,046

92,027

DEPRECIATION

At 1 March 2025

237,810

823,071

81,812

Charge for year

28,000

29,995

2,043

Eliminated on disposal

-

At 28 February 2026

265,810

853,066

83,855

NET BOOK VALUE

At 28 February 2026

1,035,000

119,980

8,172

At 28 February 2025

1,063,000

149,975

10,114

Motor

Computer

vehicles

equipment

Totals

£

COST OR VALUATION

At 1 March 2025

354,749

674

2,721,205

Additions

-

28,759

28,860

Disposals

(25,000

)

-

(25,000

)

At 28 February 2026

329,749

29,433

2,725,065

DEPRECIATION

At 1 March 2025

277,109

112

1,419,914

Charge for year

15,114

4,190

79,342

Eliminated on disposal

(7,813

)

-

(7,813

)

At 28 February 2026

284,410

4,302

1,491,443

NET BOOK VALUE

At 28 February 2026

45,339

25,131

1,233,622

At 28 February 2025

77,640

562

1,301,291

Cost or valuation at 28 February 2026 is represented by:

Freehold

Fixtures

land and

Plant and

and

property

machinery

fittings

£

Valuation in 2025

1,000,000

-

Cost

300,810

973,046

92,027

1,300,810

973,046

92,027

Motor

Computer

vehicles

equipment

Totals

£

Valuation in 2025

-

1,000,000

Cost

329,749

29,433

1,725,065

329,749

29,433

2,725,065

5.

DEBTORS

28.2.26

28.2.25

£

Amounts falling due within one year:

Trade debtors

396,695

496,307

Other debtors

29,432

37,466

426,127

533,773

Amounts falling due after more than one year:

Other debtors

15,750

Aggregate amounts

441,877

549,523

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

Trade creditors

117,866

207,375

Amounts owed to group undertakings

424,552

599,370

Taxation and social security

65,678

102,809

Other creditors

22,106

19,069

630,202

928,623

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.26

28.2.25

value:

£

5,000

Ordinary

£1

5,000

100

B Ordinary

£1

100

5,100