2022-03-01 2023-02-28 2023-02-28 false false The accounts were prepared in accordance with frs102 There is no accountants report AbridgedAccounts This company is a private limited company 08883565 2023-02-28 08883565 2022-02-28 08883565 2021-02-28 08883565 2022-03-01 2023-02-28 08883565 2021-03-01 2022-02-28 08883565 uk-cd-pres:AllEntityOfficers 2022-03-01 2023-02-28 08883565 uk-cd-pres:AllEntityOfficers 2021-03-01 2022-02-28 08883565 uk-cd-pres:CompanySecretary1 2022-03-01 2023-02-28 08883565 uk-cd-pres:CompanySecretaryDirector1 2022-03-01 2023-02-28 08883565 uk-cd-pres:CompanySecretaryDirector1 2023-02-28 08883565 uk-cd-pres:Director1 2022-03-01 2023-02-28 08883565 uk-cd-pres:Director1 2023-02-28 08883565 uk-cd-pres:AllOrdinaryShares 2023-02-28 08883565 uk-cd-pres:AllPreferenceShares 2023-02-28 08883565 uk-cd-pres:AllOrdinaryShares 2022-02-28 08883565 uk-cd-pres:AllPreferenceShares 2022-02-28 08883565 uk-cd-pres:AllOrdinaryShares 2022-03-01 2023-02-28 08883565 uk-cd-pres:AllPreferenceShares 2022-03-01 2023-02-28 08883565 uk-cd-pres:AllOrdinaryShares 2021-03-01 2022-02-28 08883565 uk-cd-pres:AllPreferenceShares 2021-03-01 2022-02-28 08883565 uk-cd-pres:RegisteredOffice 2022-03-01 2023-02-28 08883565 uk-cd-pres:EntityAccountantsOrAuditors 2023-02-28 08883565 uk-cd-pres:EntityAccountantsOrAuditors 2022-03-01 2023-02-28 08883565 uk-cd-pres:EntityAccountantsOrAuditors 2021-03-01 2022-02-28 08883565 uk-cd-pres:EntityBankers 2022-03-01 2023-02-28 08883565 uk-cd-pres:EntityLawyersOrLegalAdvisers 2022-03-01 2023-02-28 08883565 uk-countries:UnitedKingdom 2022-03-01 2023-02-28 08883565 uk-countries:Europe 2022-03-01 2023-02-28 08883565 uk-countries:NorthAmerica 2022-03-01 2023-02-28 08883565 uk-countries:OtherCountriesRegions 2022-03-01 2023-02-28 08883565 uk-countries:UnitedKingdom 2021-03-01 2022-02-28 08883565 uk-countries:Europe 2021-03-01 2022-02-28 08883565 uk-countries:NorthAmerica 2021-03-01 2022-02-28 08883565 uk-countries:OtherCountriesRegions 2021-03-01 2022-02-28 08883565 uk-gaap-pt:OwnedOrFreeholdTangibleFixedAssets 2022-03-01 2023-02-28 08883565 uk-gaap-pt:LeasedTangibleFixedAssets 2022-03-01 2023-02-28 08883565 uk-gaap-pt:OwnedOrFreeholdTangibleFixedAssets 2021-03-01 2022-02-28 08883565 uk-gaap-pt:LeasedTangibleFixedAssets 2021-03-01 2022-02-28 08883565 uk-gaap-pt:OwnedAssets 2022-03-01 2023-02-28 08883565 uk-gaap-pt:LeasedAssets 2022-03-01 2023-02-28 08883565 uk-gaap-pt:OwnedAssets 2021-03-01 2022-02-28 08883565 uk-gaap-pt:LeasedAssets 2021-03-01 2022-02-28 08883565 uk-gaap-pt:LeasedAssetsHeldAsLessee 2023-02-28 08883565 uk-gaap-pt:LeasedAssetsHeldAsLessee 2022-02-28 08883565 uk-gaap-pt:LeasedAssetsHeldAsLessee 2022-03-01 2023-02-28 08883565 uk-gaap-pt:LeasedAssetsHeldAsLessee 2021-03-01 2022-02-28 08883565 uk-gaap-pt:NetGoodwill 2022-02-28 08883565 uk-gaap-pt:RecipesFormulaeModelsDesignsPrototypes 2022-02-28 08883565 uk-gaap-pt:CopyrightsPatentsTrademarksServiceOperatingRights 2022-02-28 08883565 uk-gaap-pt:OtherResidualIntangibleAssets 2022-02-28 08883565 uk-gaap-pt:NetGoodwill 2022-03-01 2023-02-28 08883565 uk-gaap-pt:RecipesFormulaeModelsDesignsPrototypes 2022-03-01 2023-02-28 08883565 uk-gaap-pt:CopyrightsPatentsTrademarksServiceOperatingRights 2022-03-01 2023-02-28 08883565 uk-gaap-pt:OtherResidualIntangibleAssets 2022-03-01 2023-02-28 08883565 uk-gaap-pt:NetGoodwill 2023-02-28 08883565 uk-gaap-pt:RecipesFormulaeModelsDesignsPrototypes 2023-02-28 08883565 uk-gaap-pt:CopyrightsPatentsTrademarksServiceOperatingRights 2023-02-28 08883565 uk-gaap-pt:OtherResidualIntangibleAssets 2023-02-28 08883565 uk-gaap-pt:Buildings 2022-03-01 2023-02-28 08883565 uk-gaap-pt:Land 2022-03-01 2023-02-28 08883565 uk-gaap-pt:LandBuildings 2022-02-28 08883565 uk-gaap-pt:PlantMachinery 2022-02-28 08883565 uk-gaap-pt:FurnitureFittings 2022-02-28 08883565 uk-gaap-pt:FurnitureFittings 2022-02-28 08883565 uk-gaap-pt:OfficeEquipment 2022-02-28 08883565 uk-gaap-pt:Vehicles 2022-02-28 08883565 uk-gaap-pt:LandBuildings 2022-03-01 2023-02-28 08883565 uk-gaap-pt:PlantMachinery 2022-03-01 2023-02-28 08883565 uk-gaap-pt:FurnitureFittings 2022-03-01 2023-02-28 08883565 uk-gaap-pt:FurnitureFittings 2022-03-01 2023-02-28 08883565 uk-gaap-pt:OfficeEquipment 2022-03-01 2023-02-28 08883565 uk-gaap-pt:Vehicles 2022-03-01 2023-02-28 08883565 uk-gaap-pt:LandBuildings 2023-02-28 08883565 uk-gaap-pt:PlantMachinery 2023-02-28 08883565 uk-gaap-pt:FurnitureFittings 2023-02-28 08883565 uk-gaap-pt:OfficeEquipment 2023-02-28 08883565 uk-gaap-pt:Vehicles 2023-02-28 08883565 uk-gaap-ptx:AdministrativeExpenses 2022-03-01 2023-02-28 08883565 uk-gaap-ptx:AdministrativeExpenses 2021-03-01 2022-02-28 08883565 uk-gaap-ptx:CostSales 2022-03-01 2023-02-28 08883565 uk-gaap-ptx:CostSales 2021-03-01 2022-02-28 08883565 uk-gaap-ptx:DistributionCosts 2022-03-01 2023-02-28 08883565 uk-gaap-ptx:DistributionCosts 2021-03-01 2022-02-28 08883565 uk-gaap-pt:CurrentFinancialInstruments uk-gaap-pt:ListedExchangeTraded 2023-02-28 08883565 uk-gaap-pt:CurrentFinancialInstruments uk-gaap-pt:ListedExchangeTraded 2022-02-28 08883565 uk-gaap-pt:Non-currentFinancialInstruments uk-gaap-pt:ListedExchangeTraded 2023-02-28 08883565 uk-gaap-pt:Non-currentFinancialInstruments uk-gaap-pt:ListedExchangeTraded 2022-02-28 08883565 uk-gaap-pt:CurrentFinancialInstruments uk-gaap-pt:UnlistedNon-exchangeTraded 2023-02-28 08883565 uk-gaap-pt:CurrentFinancialInstruments uk-gaap-pt:UnlistedNon-exchangeTraded 2022-02-28 08883565 uk-gaap-pt:Non-currentFinancialInstruments uk-gaap-pt:UnlistedNon-exchangeTraded 2023-02-28 08883565 uk-gaap-pt:Non-currentFinancialInstruments uk-gaap-pt:UnlistedNon-exchangeTraded 2022-02-28 08883565 uk-gaap-pt:CurrentFinancialInstruments 2023-02-28 08883565 uk-gaap-pt:CurrentFinancialInstruments 2022-02-28 08883565 uk-gaap-pt:WithinOneYear 2023-02-28 08883565 uk-gaap-pt:BetweenOneTwoYears 2023-02-28 08883565 uk-gaap-pt:BetweenTwoFiveYears 2023-02-28 08883565 uk-gaap-pt:MoreThanFiveYears 2023-02-28 08883565 uk-gaap-pt:AfterOneYear 2023-02-28 08883565 uk-gaap-pt:WithinOneYear 2022-02-28 08883565 uk-gaap-pt:BetweenOneTwoYears 2022-02-28 08883565 uk-gaap-pt:BetweenTwoFiveYears 2022-02-28 08883565 uk-gaap-pt:MoreThanFiveYears 2022-02-28 08883565 uk-gaap-pt:AfterOneYear 2022-02-28 08883565 uk-gaap-pt:ShareCapital 2023-02-28 08883565 uk-gaap-pt:SharePremium 2023-02-28 08883565 uk-gaap-pt:RetainedEarningsAccumulatedLosses 2023-02-28 08883565 uk-gaap-pt:RevaluationReserve 2023-02-28 08883565 uk-gaap-pt:OtherReservesSubtotal 2023-02-28 08883565 uk-gaap-pt:ShareCapital 2022-02-28 08883565 uk-gaap-pt:SharePremium 2022-02-28 08883565 uk-gaap-pt:RetainedEarningsAccumulatedLosses 2022-02-28 08883565 uk-gaap-pt:RevaluationReserve 2022-02-28 08883565 uk-gaap-pt:OtherReservesSubtotal 2022-02-28 08883565 1 2022-03-01 2023-02-28 08883565 2 2022-03-01 2023-02-28 08883565 uk-cd-pres:FRS102 2022-03-01 2023-02-28 08883565 uk-cd-pres:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 08883565 uk-cd-pres:FullAccounts 2022-03-01 2023-02-28 08883565 uk-cd-pres:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure
 
 
 
 
 
 
 
Floyd Capital Ltd
 
 
Company Registration Number
08883565
 
 
Report of the Directors and
Unaudited Financial Statements
 
 
Period of accounts
 
Start date 01/03/2022
 
End date 28/02/2023
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 1
Floyd Capital Ltd
 
Contents of the Financial Statements
for the Period Ended 28 February 2023
 
 
Page
Company Information 3
 
Report of the Directors 4
 
Profit and Loss Account 5
 
Balance Sheet 6 - 7
 
Notes to the Financial Statements 8 - 11
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 2
Floyd Capital Ltd
 
Company Information
for the Period Ended 28 February 2023
 
Directors MATTHEW STEVEN FLOYD
 
 
Registered office 141 Treffry Road, Truro, Cornwall, TR1 1WE
 
Company Registration Number 08883565
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 3
Floyd Capital Ltd
Directors Report
for the Period Ended 28 February 2023
The directors present their report with the financial statements of the company for the
period ended 28 February 2023
Principal activities
The principal activity of the company in the period under review was
Security dealing on own account
Directors
The director(s) shown below have held office during the whole of the period
MATTHEW STEVEN FLOYD
Small Company Provisions
These accounts have been prepared in accordance with the provisions applicable to
companies subject to the small companies regime.
 
This report was approved by the board of directors on 2023-11-10
and signed on behalf of the board by
Name MATTHEW STEVEN FLOYD
Status Director
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 4
Floyd Capital Ltd
 
Profit and Loss Account
for the Period Ended 28 February 2023
2023 2,022
Notes £ £
 
Administrative expenses 314 160
______ ______
Operating costs 314 160
 
______ ______
Operating Profit/(Loss) 2 (314) (160)
______ ______
Profit/(Loss) on ordinary activities before taxation (314) (160)
 
Tax on profit on ordinary activities 3 (60) (30)
____ ____
Profit/(Loss) for the financial period after taxation (254) (130)
There were no recognised gains or losses other than the profit/(loss) shown attributable to the
shareholders for the period ended 28 February 2023
 
The notes form part of these financial statements
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 5
Floyd Capital Ltd
Balance Sheet
for the Period Ended 28 February 2023
Company registration number 08883565
2023 2,022
Notes £ £
Current assets
Debtors 4 269 209
Investments 5 73,008 53,208
Cash at bank and in hand 26,478 37,344
_______ _______
Total current assets/(liabilities) 99,755 90,761
Creditors
Creditors - amounts falling
due within one year 6 26 26
_______ _______
Net current assets 99,729 90,735
_______ _______
Total assets less current liabilities 99,729 90,735
_______ _______
Provision for liabilities 7 2,357 1,008
_______ _______
Long term creditors 2,357 1,008
_____ _____
Net assets/(liabilities) 97,372 89,727
Capital and reserves
Called up share capital 8 235 235
Share premium 47,115 47,115
Profit and loss account 9 8,974 7,080
Revaluation reserve 9 10,048 4,297
Other reserves 31,000 31,000
_____ _____
Total shareholders funds 97,372 89,727
 
 
 
 
 
 
 
 
 
Page 6
Floyd Capital Ltd
 
Balance Sheet
for the Period Ended 28 February 2023
 
 
 
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
 
For the year ending 28 February 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
 
The financial statements were approved by the Board of Directors on 2023-11-10
 
SIGNED ON BEHALF OF THE BOARD BY
 
 
 
 
 
 
 
Name MATTHEW STEVEN FLOYD
 
The notes form part of these financial statements
Average number of employees during period 0
 
 
 
 
 
 
 
 
 
Page 7
Floyd Capital Ltd
Notes to the Financial Statements
for the Period Ended 28 February 2023
1. Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the small companies regime.
Turnover
The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT.
Investments
Investments are recognised initially at fair value. Subsequently they are measured at fair value if the shares
are publicly traded or otherwise measured reliably. Other investments are measured at cost less impairment.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchangeruling at the balance sheet date. Transactions in foreign currencies are translated into sterling atthe rate of exchange ruling at the date of the transaction. Exchange differences are taken intoaccount in arriving at the operating profit.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 8
Floyd Capital Ltd
Notes to the Financial Statements
for the Period Ended 28 February 2023
2. Operating profit/(loss) 2023 2,022
Profit before tax as stated after charging the following £ £
3. Taxation
The tax charge on the profit on ordinary activities 2023 2,022
for the period was as follows £ £
UK Corporation Tax net of reliefs (60) (30)
___ ___
Tax on profit on ordinary activities (60) (30)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 9
Floyd Capital Ltd
Notes to the Financial Statements
for the Period Ended 28 February 2023
4. Debtors 2023 2,022
Other debtors 269 209
___ ___
Total 269 209
5. Current asset investments 2023 2,022
Listed 73,008 53,208
Total 73,008 53,208
6. Creditors amounts falling due within one year 2023 2,022
Other creditors 26 26
__ __
Total 26 26
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 10
Floyd Capital Ltd
Notes to the Financial Statements
for the Period Ended 28 February 2023
7. Provisions for liabilities £
Provisions at 1 March 2022 1,008
Movements to 1,349
Movements from
____
At 28 February 2023 2,357
Provisions for deferred tax liability arising from unrealised profit/(loss)
8. Share capital 2023 2,022
Authorised type Par value £ £
Shares 1 235 235
___ ___
Total 235 235
Allotted, called up and paid £ £
Shares 235 235
___ ___
Total 235 235
9. Reserves/Retained profit
Retained profit reconciliation £
Reserves at 1 March 2022 7,080
Profit/(Loss) for year (254)
Other adjustments 2,148
Dividends paid
____
Retained Profit/(Loss) at 28 February 2023 8,974
Revaluation reserve £
At 1 March 2022 4,297
Surplus or deficit arising from revaluation 5,751
_____
Reserve at 28 February 2023 10,048
 
 
Page 11