IRIS Accounts Production v23.4.0.336 SC429328 Board of Directors Board of Directors 1.10.22 30.9.23 30.9.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4293282022-09-30SC4293282023-09-30SC4293282022-10-012023-09-30SC4293282021-09-30SC4293282021-10-012022-09-30SC4293282022-09-30SC429328ns15:Scotland2022-10-012023-09-30SC429328ns14:PoundSterling2022-10-012023-09-30SC429328ns10:Director12022-10-012023-09-30SC429328ns10:Director22022-10-012023-09-30SC429328ns10:PrivateLimitedCompanyLtd2022-10-012023-09-30SC429328ns10:SmallEntities2022-10-012023-09-30SC429328ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-30SC429328ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-30SC429328ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-30SC429328ns10:FullAccounts2022-10-012023-09-30SC429328ns10:RegisteredOffice2022-10-012023-09-30SC429328ns5:CurrentFinancialInstruments2023-09-30SC429328ns5:CurrentFinancialInstruments2022-09-30SC429328ns5:Non-currentFinancialInstruments2023-09-30SC429328ns5:Non-currentFinancialInstruments2022-09-30SC429328ns5:ShareCapital2023-09-30SC429328ns5:ShareCapital2022-09-30SC429328ns5:RetainedEarningsAccumulatedLosses2023-09-30SC429328ns5:RetainedEarningsAccumulatedLosses2022-09-30SC429328ns5:PlantMachinery2022-09-30SC429328ns5:PlantMachinery2022-10-012023-09-30SC429328ns5:PlantMachinery2023-09-30SC429328ns5:PlantMachinery2022-09-30SC429328ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-09-30SC429328ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-10-012023-09-30SC429328ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-09-30SC429328ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-09-30SC429328ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-30SC429328ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-30
REGISTERED NUMBER: SC429328 (Scotland)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

LLOYD TECHNOLOGY LTD

LLOYD TECHNOLOGY LTD (REGISTERED NUMBER: SC429328)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LLOYD TECHNOLOGY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: P Lloyd
Mrs J Lloyd





REGISTERED OFFICE: c/o Callanders Limited
53 High Street
Dumbarton
G82 1LS





REGISTERED NUMBER: SC429328 (Scotland)





ACCOUNTANTS: Callanders Limited
Chartered Accountants
53 High Street
Dumbarton
G82 1LS

LLOYD TECHNOLOGY LTD (REGISTERED NUMBER: SC429328)

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,801 16,483

CURRENT ASSETS
Debtors 5 116,744 126,435
Cash at bank and in hand 21,296 15,271
138,040 141,706
CREDITORS
Amounts falling due within one year 6 97,303 83,864
NET CURRENT ASSETS 40,737 57,842
TOTAL ASSETS LESS CURRENT
LIABILITIES

52,538

74,325

CREDITORS
Amounts falling due after more than one
year

7

13,806

24,291
NET ASSETS 38,732 50,034

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 38,632 49,934
SHAREHOLDERS' FUNDS 38,732 50,034

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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.

LLOYD TECHNOLOGY LTD (REGISTERED NUMBER: SC429328)

BALANCE SHEET - continued
30 SEPTEMBER 2023


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 Board of Directors and authorised for issue on 25 March 2024 and were signed on its behalf by:




P Lloyd - Director



Mrs J Lloyd - Director


LLOYD TECHNOLOGY LTD (REGISTERED NUMBER: SC429328)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023


1. STATUTORY INFORMATION

Lloyd Technology 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

LLOYD TECHNOLOGY LTD (REGISTERED NUMBER: SC429328)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


2. ACCOUNTING POLICIES - continued

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 3 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022
and 30 September 2023 54,924
DEPRECIATION
At 1 October 2022 38,441
Charge for year 4,682
At 30 September 2023 43,123
NET BOOK VALUE
At 30 September 2023 11,801
At 30 September 2022 16,483

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 October 2022
and 30 September 2023 21,055
DEPRECIATION
At 1 October 2022 9,211
Charge for year 2,961
At 30 September 2023 12,172
NET BOOK VALUE
At 30 September 2023 8,883
At 30 September 2022 11,844

LLOYD TECHNOLOGY LTD (REGISTERED NUMBER: SC429328)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 46,138 53,996
Other debtors 70,606 72,439
116,744 126,435

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 4,422 4,422
Trade creditors 38,504 36,115
Taxation and social security 27,938 24,468
Other creditors 26,439 18,859
97,303 83,864

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 369 4,791
Other creditors 13,437 19,500
13,806 24,291