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Company Registration No. 06243121 (England and Wales)
LLOYD MORGAN GROUP LIMITED Unaudited accounts for the year ended 31 May 2023
LLOYD MORGAN GROUP LIMITED Unaudited accounts Contents
Page
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LLOYD MORGAN GROUP LIMITED Company Information for the year ended 31 May 2023
Director
P Thompson
Company Number
06243121 (England and Wales)
Registered Office
OFFICE 1 & 2 PHOENIX HOUSE HEMLOCK PARK CANNOCK WS11 7GA
Accountants
Parkers Accountancy 590a Kingsbury Road Erdington Birmingham B24 9ND
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LLOYD MORGAN GROUP LIMITED Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
26,498 
25,359 
Current assets
Debtors
311,868 
169,172 
Cash at bank and in hand
916,838 
705,835 
1,228,706 
875,007 
Creditors: amounts falling due within one year
(260,328)
(227,681)
Net current assets
968,378 
647,326 
Total assets less current liabilities
994,876 
672,685 
Creditors: amounts falling due after more than one year
(80,233)
(40,185)
Net assets
914,643 
632,500 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
914,641 
632,498 
Shareholders' funds
914,643 
632,500 
For the year ending 31 May 2023 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 12 October 2023 and were signed on its behalf by
P Thompson Director Company Registration No. 06243121
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LLOYD MORGAN GROUP LIMITED Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
LLOYD MORGAN GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06243121. The registered office is OFFICE 1 & 2 PHOENIX HOUSE, HEMLOCK PARK, CANNOCK, WS11 7GA.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2022
41,234 
25,636 
66,870 
Additions
5,816 
- 
5,816 
At 31 May 2023
47,050 
25,636 
72,686 
Depreciation
At 1 June 2022
25,505 
16,006 
41,511 
Charge for the year
3,232 
1,445 
4,677 
At 31 May 2023
28,737 
17,451 
46,188 
Net book value
At 31 May 2023
18,313 
8,185 
26,498 
At 31 May 2022
15,729 
9,630 
25,359 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
311,868 
169,172 
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LLOYD MORGAN GROUP LIMITED Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
96,881 
118,524 
Taxes and social security
76,007 
39,214 
Other creditors
87,440 
69,943 
260,328 
227,681 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
80,233 
40,185 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 9 (2022: 9).
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