REGISTERED NUMBER: 06159598 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Elis Williams Construction Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

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

1,835,567

809,886

CURRENT ASSETS

Stocks

5,000

5,000

Debtors

5

1,616,550

723,194

Cash at bank and in hand

4,960,772

4,503,179

6,582,322

5,231,373

CREDITORS

Amounts falling due within one year

6

2,339,780

1,569,185

NET CURRENT ASSETS

4,242,542

3,662,188

TOTAL ASSETS LESS CURRENT LIABILITIES

6,078,109

4,472,074

CREDITORS

Amounts falling due after more than one year

7

(314,282

)

(203,091

)

PROVISIONS FOR LIABILITIES

(51,525

)

(17,833

)

NET ASSETS

5,712,302

4,251,150

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

5,712,202

4,251,050

SHAREHOLDERS' FUNDS

5,712,302

4,251,150

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 24 July 2026 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 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.

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 9 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 January 2025

760,714

232,533

993,247

Additions

902,160

219,726

1,121,886

Disposals

-

(76,541

)

(76,541

)

At 31 December 2025

1,662,874

375,718

2,038,592

DEPRECIATION

At 1 January 2025

21,164

162,197

183,361

Charge for year

15,194

52,396

67,590

Eliminated on disposal

-

(47,926

)

(47,926

)

At 31 December 2025

36,358

166,667

203,025

NET BOOK VALUE

At 31 December 2025

1,626,516

209,051

1,835,567

At 31 December 2024

739,550

70,336

809,886

Cost or valuation at 31 December 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Cost

1,662,874

375,718

2,038,592

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

237,865

44,433

Other debtors

1,378,685

678,761

1,616,550

723,194

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.

£13,968 owed from Felin Properties Limited £12,968 (2024)

£20,799 owed from JESE Properties Limited £17,049 (2024)

£131,217 owed from EJW Properties Ltd £130,646 (2024)

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

56,209

60,406

Hire purchase contracts

52,160

20,218

Trade creditors

1,293,326

768,092

Taxation and social security

862,761

602,891

Other creditors

75,324

117,578

2,339,780

1,569,185

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 (2024)

£23,853 owed to North Wales Labour Force Ltd £23,853 (2024)

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

129,690

8,135

Other creditors

184,592

194,956

314,282

203,091

Amounts falling due in more than five years:

Repayable by instalments

Hire purchase

20,485

-

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Leasehold property

290,000

197,424

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 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

Mr M E Williams

Balance outstanding at start of year

401,691

247,098

Amounts advanced

613,249

256,706

Amounts repaid

(93,920

)

(102,113

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

921,020

401,691

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £41,170 (2024 - £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 2025 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: .............................................