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REGISTERED NUMBER: 05289645 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

J LLOYD CONSTRUCTION LIMITED

J LLOYD CONSTRUCTION LIMITED (REGISTERED NUMBER: 05289645)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J LLOYD CONSTRUCTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: J E Lloyd





REGISTERED OFFICE: Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ





REGISTERED NUMBER: 05289645 (England and Wales)





ACCOUNTANTS: Lloyd Dowson Limited
Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ

J LLOYD CONSTRUCTION LIMITED (REGISTERED NUMBER: 05289645)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 1,886
Tangible assets 5 142,634 121,462
142,634 123,348

CURRENT ASSETS
Stocks 92,308 61,333
Debtors 6 699,789 560,268
Cash at bank 154,164 200,755
946,261 822,356
CREDITORS
Amounts falling due within one year 7 694,435 536,299
NET CURRENT ASSETS 251,826 286,057
TOTAL ASSETS LESS CURRENT
LIABILITIES

394,460

409,405

CREDITORS
Amounts falling due after more than one
year

8

(262,431

)

(317,843

)

PROVISIONS FOR LIABILITIES (37,798 ) (9,860 )
NET ASSETS 94,231 81,702

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 94,131 81,602
SHAREHOLDERS' FUNDS 94,231 81,702

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

J LLOYD CONSTRUCTION LIMITED (REGISTERED NUMBER: 05289645)

BALANCE SHEET - continued
31 DECEMBER 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 April 2025 and were signed by:





J E Lloyd - Director


J LLOYD CONSTRUCTION LIMITED (REGISTERED NUMBER: 05289645)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

J Lloyd Construction Limited is a private company, limited by shares , registered in England and Wales. 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 and value added tax and is recognised when the work is completed. This is in relation to new build groundworks.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

J LLOYD CONSTRUCTION LIMITED (REGISTERED NUMBER: 05289645)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the statement of income and retained earnings on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates an auto-enrolment pension scheme. Contributions payable to the company's pension scheme are charged to statement of income and retained earnings in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 37,815
AMORTISATION
At 1 January 2024 35,929
Charge for year 1,886
At 31 December 2024 37,815
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 1,886

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 291,618
Additions 60,716
At 31 December 2024 352,334
DEPRECIATION
At 1 January 2024 170,156
Charge for year 39,544
At 31 December 2024 209,700
NET BOOK VALUE
At 31 December 2024 142,634
At 31 December 2023 121,462

The net book value of tangible fixed assets includes £ 103,647 (2023 - £ 77,471 ) in respect of assets held under hire purchase contracts.

J LLOYD CONSTRUCTION LIMITED (REGISTERED NUMBER: 05289645)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 526,770 469,127
Other debtors 173,019 91,141
699,789 560,268

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 228,234 175,464
Hire purchase contracts 23,637 15,141
Trade creditors 361,461 329,070
Taxation and social security 75,584 9,054
Other creditors 5,519 7,570
694,435 536,299

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans 173,389 254,749
Hire purchase contracts 89,042 63,094
262,431 317,843

9. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Hire purchase contracts 112,679 78,235

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
50 Ordinary "A" £1 50 50
50 Ordinary "B" £1 50 50
100 100

J LLOYD CONSTRUCTION LIMITED (REGISTERED NUMBER: 05289645)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
J E Lloyd
Balance outstanding at start of year - -
Amounts advanced 97,581 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 97,581 -