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Company Registration No. 02903117 (England and Wales)
Andrew Lloyd & Associates Limited Unaudited accounts for the year ended 31 December 2024
Andrew Lloyd & Associates Limited Unaudited accounts Contents
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Andrew Lloyd & Associates Limited Company Information for the year ended 31 December 2024
Director
Juliette Schmitt
Company Number
02903117 (England and Wales)
Registered Office
Mocatta House Trafalgar Place Brighton BN1 4DU England
Accountants
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY
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Andrew Lloyd & Associates Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
155 
572 
Current assets
Debtors
17,286 
23,195 
Cash at bank and in hand
15,204 
14,877 
32,490 
38,072 
Creditors: amounts falling due within one year
(4,513)
(7,981)
Net current assets
27,977 
30,091 
Net assets
28,132 
30,663 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
28,130 
30,661 
Shareholders' funds
28,132 
30,663 
For the year ending 31 December 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 March 2025 and were signed on its behalf by
Juliette Schmitt Director Company Registration No. 02903117
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Andrew Lloyd & Associates Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Andrew Lloyd & Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 02903117. The registered office is Mocatta House, Trafalgar Place, Brighton, BN1 4DU, England.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% on a straight line basis
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Trade Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivables are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Trade Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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Andrew Lloyd & Associates Limited Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2024
2,045 
At 31 December 2024
2,045 
Depreciation
At 1 January 2024
1,473 
Charge for the year
417 
At 31 December 2024
1,890 
Net book value
At 31 December 2024
155 
At 31 December 2023
572 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,019 
1,286 
Trade debtors
16,267 
20,194 
Other debtors
- 
1,715 
17,286 
23,195 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
772 
2,536 
Taxes and social security
3,741 
5,372 
Loans from directors
- 
73 
4,513 
7,981 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Transactions with related parties
During the year, the company had fee income of £89,935 (2023 £102,557.93) from Andrew Lloyd and Associates Sarl. This entity is a related party to the company by virtue of being under common ownership. Included in trade debtors at 31 December 2024 was a balance due from Andrew Lloyd and Associates Sarl of £16,267 (2023 £15,531.63).
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Andrew Lloyd & Associates Limited Notes to the Accounts for the year ended 31 December 2024
9
Controlling party
The company regards Altair SAS, incorporated in France, as its immediate and ultimate parent undertaking.
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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