2023-02-01 05393155 2024-01-31 05393155 2023-02-01 2024-01-31 05393155 2023-01-31 05393155 2022-02-01 2023-01-31 05393155 uk-core:WithinOneYear 2023-01-31 05393155 uk-core:WithinOneYear 2024-01-31 05393155 uk-core:AfterOneYear 2023-01-31 05393155 uk-core:AfterOneYear 2024-01-31 05393155 uk-core:ShareCapital 2024-01-31 05393155 uk-core:ShareCapital 2023-01-31 05393155 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 05393155 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 05393155 uk-bus:Director1 2023-02-01 2024-01-31 05393155 uk-core:NetGoodwill 2023-02-01 2024-01-31 05393155 uk-core:OfficeEquipment 2023-02-01 2024-01-31 05393155 uk-core:FurnitureFittings 2023-02-01 2024-01-31 05393155 uk-core:Goodwill 2023-01-31 05393155 uk-core:Goodwill 2024-01-31 05393155 uk-core:Goodwill 2023-02-01 2024-01-31 05393155 uk-core:OfficeEquipment 2023-01-31 05393155 uk-core:FurnitureFittings 2023-01-31 05393155 uk-core:FurnitureFittings 2024-01-31 05393155 uk-core:OfficeEquipment 2024-01-31 iso4217:GBP xbrli:pure 05393155 uk-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 05393155 uk-bus:FRS102 2023-02-01 2024-01-31 05393155 uk-bus:FilletedAccounts 2023-02-01 2024-01-31 05393155 uk-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31
Lloydbore Ltd
Registered Number:05393155
For the year ended 31 January 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2024
Lloydbore Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
05393155
As at 31 January 2024
Lloydbore Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
59,467
66,074
2
Property, plant and equipment
45,323
59,132
3
104,790
125,206
Current assets
Trade and other receivables
205,880
321,097
4
1,043,761
Cash and cash equivalents
374,616
695,713
1,249,641
Trade and other payables: amounts falling due within one
year
(260,036)
(287,553)
5
989,605
408,160
Net current assets
Total assets less current liabilities
512,950
1,114,811
Trade and other payables: amounts falling due after more
than one year
(5,653)
-
6
(8,611)
(11,235)
Provisions for liabilities
504,339
Net assets
1,097,923
Capital and reserves
Called up share capital
100
100
Retained earnings
504,239
1,097,823
504,339
1,097,923
Shareholders' funds
For the year ended 31 January 2024 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 of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
C Beech Director
These financial statements were approved and authorised for issue by the Board on 30 October 2024 and were signed by:
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4
Registered Number :
05393155
For the year ended 31 January 2024
Lloydbore Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 January 2024
Lloydbore Ltd
Notes to the Financial Statements
Statutory Information
Lloydbore Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
05393155.
Registered address:
33 St Georges Place
Canterbury
Kent
CT1 1UT
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Goodwill
Goodwill arose on the purchase of the un-incorporated business Lloyd Bore Associates in 2007, is being amortised evenly over its estimated useful life of 10 years.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20 Straight line
Office Equipment
20 Straight line
Office Furniture
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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6
For the year ended 31 January 2024
Lloydbore Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 February 2023
66,074
At 31 January 2024
66,074
Amortisation
6,607
Charge for year
At 31 January 2024
6,607
Net book value
At 31 January 2024
59,467
At 31 January 2023
66,074
3. Property, plant and equipment
Total
Office
Equipment
Office
Furniture
£
£
£
Cost or
valuation
At 01 February 2023
284,817
263,827
20,990
9,540
9,026
514
Additions
At 31 January 2024
21,504
272,853
294,357
Provision for depreciation and impairment
At 01 February 2023
225,685
207,562
18,123
Charge for year
23,349
22,034
1,315
At 31 January 2024
249,034
229,596
19,438
At 31 January 2024
Net book value
2,066
43,257
45,323
At 31 January 2023
2,867
56,265
59,132
4. Trade and other receivables
2023
2024
£
£
Trade debtors
302,163
183,220
Other debtors
18,934
22,660
205,880
321,097
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7
For the year ended 31 January 2024
Lloydbore Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
7,501
19,948
Taxation and social security
265,700
206,404
Other creditors
14,352
33,684
287,553
260,036
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Other creditors
-
5,653
7. Guarantees and other financial commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from
those of the company in an independently administered fund. The pension cost charge represents contributions
payable by the company to the fund and amounted to £37365 (2023-£32545).
Pension commitments
Other financial commitments
At 31st January 2024 the company was committed to making the following payments under non-cancellable
operating leases in the year to 31st January 2025.
Operating leases which expire within 2 to 5 years:
Land and Buildings 13250
Office Equipment Rental 136
8. Average number of persons employed
During the year the average number of employees was 29 (2023 : 30)
9. Change of name
Since the last accounting period, the company has had a change of name from Lloyd Bore Limited to Lloydbore Ltd.
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