Registered Number:05393155 |
For the year ended 31 January 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 January 2024
Lloydbore Ltd
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
Lloydbore Ltd
Statement of Financial Position
2023
2024
59,467
66,074
2
Property, plant and equipment |
45,323
59,132
3
104,790
125,206
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
100
100
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. |
These financial statements were approved and authorised for issue by the Board on 30 October 2024 and were signed by: |
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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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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. |
33 St Georges Place
Canterbury
Kent
CT1 1UT
The presentation currency is £ sterling. |
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: |
Office Equipment
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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For the year ended 31 January 2024
Lloydbore Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets |
Goodwill
66,074
66,074
6,607
Charge for year
6,607
59,467
66,074
3. Property, plant and equipment |
284,817
263,827
20,990
9,540
9,026
514
21,504
272,853
294,357
Provision for depreciation and impairment |
225,685
207,562
18,123
Charge for year
23,349
22,034
1,315
249,034
229,596
19,438
2,066
43,257
45,323
2,867
56,265
59,132
4. Trade and other receivables |
2023
2024
302,163
183,220
18,934
22,660
205,880
321,097
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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
7,501
19,948
Taxation and social security |
265,700
206,404
14,352
33,684
287,553
260,036
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
-
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: |
Office Equipment Rental 136 |
8. Average number of persons employed |
During the year the average number of employees was 29 (2023 : 30)
Since the last accounting period, the company has had a change of name from Lloyd Bore Limited to Lloydbore Ltd.
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