Acorah Software Products - Accounts Production 16.6.920 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 05595523 Mr Matthew Needs Mr Joel Cousins Mr Mark Bevan Mr Luke Francis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05595523 2024-04-30 05595523 2025-04-30 05595523 2024-05-01 2025-04-30 05595523 frs-core:CurrentFinancialInstruments 2025-04-30 05595523 frs-core:Non-currentFinancialInstruments 2025-04-30 05595523 frs-core:BetweenOneFiveYears 2025-04-30 05595523 frs-core:FurnitureFittings 2025-04-30 05595523 frs-core:FurnitureFittings 2024-05-01 2025-04-30 05595523 frs-core:FurnitureFittings 2024-04-30 05595523 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-04-30 05595523 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 05595523 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 05595523 frs-core:MotorVehicles 2025-04-30 05595523 frs-core:MotorVehicles 2024-05-01 2025-04-30 05595523 frs-core:MotorVehicles 2024-04-30 05595523 frs-core:PlantMachinery 2025-04-30 05595523 frs-core:PlantMachinery 2024-05-01 2025-04-30 05595523 frs-core:PlantMachinery 2024-04-30 05595523 frs-core:WithinOneYear 2025-04-30 05595523 frs-core:ShareCapital 2025-04-30 05595523 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 05595523 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 05595523 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 05595523 frs-bus:SmallEntities 2024-05-01 2025-04-30 05595523 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 05595523 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 05595523 frs-bus:Director1 2024-05-01 2025-04-30 05595523 frs-bus:Director2 2024-05-01 2025-04-30 05595523 frs-bus:Director3 2024-05-01 2025-04-30 05595523 frs-bus:Director4 2024-05-01 2025-04-30 05595523 frs-countries:EnglandWales 2024-05-01 2025-04-30 05595523 2023-04-30 05595523 2024-04-30 05595523 2023-05-01 2024-04-30 05595523 frs-core:CurrentFinancialInstruments 2024-04-30 05595523 frs-core:Non-currentFinancialInstruments 2024-04-30 05595523 frs-core:BetweenOneFiveYears 2024-04-30 05595523 frs-core:MotorVehicles 2023-05-01 2024-04-30 05595523 frs-core:WithinOneYear 2024-04-30 05595523 frs-core:ShareCapital 2024-04-30 05595523 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 05595523
Lloyds Beal Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2025
Johnston Wood Roach Ltd
Lloyds Beal Ltd
Contents
Contents

| Page
--- | ---
Company Information | 1
Balance Sheet | 2—3
Notes to the Financial Statements | 4—6

Page 1
Lloyds Beal Ltd
Company Information
For The Year Ended 30 April 2025
Company Information

Directors | Mr Matthew Needs
| Mr Joel Cousins
| Mr Mark Bevan
| Mr Luke Francis
Company Number | 05595523
Registered Office | 24 Picton House
| Hussar Court
| Waterlooville
| Hampshire
| PO7 7SQ
Accountants | Johnston Wood Roach Ltd
| 24 Picton House Hussar Court, Westside View
| Waterlooville
| PO7 7SQ

Page 1
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Lloyds Beal Ltd
Balance Sheet
As At 30 April 2025
Balance Sheet
Registered number: 05595523

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,068,273 |  | 478,893
|  |  | 1,068,273 |  | 478,893
CURRENT ASSETS
Stocks | 5 | 1,220 |  | 3,411 |
Debtors | 6 | 503,713 |  | 728,221 |
Cash at bank and in hand |  | 2,815 |  | 25,248 |
|  | 507,748 |  | 756,880 |
Creditors: Amounts Falling Due Within One Year | 7 | (476,751 ) |  | (427,825 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 30,997 |  | 329,055
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,099,270 |  | 807,948
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (428,727 ) |  | (264,015 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (193,188 ) |  | (119,436 )
NET ASSETS |  |  | 477,355 |  | 424,497
CAPITAL AND RESERVES
Called up share capital | 10 |  | 100 |  | 100
Profit and Loss Account |  |  | 477,255 |  | 424,397
SHAREHOLDERS' FUNDS |  |  | 477,355 |  | 424,497

Page 2
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Lloyds Beal Ltd
Balance Sheet (continued)
As At 30 April 2025
For the year ending 30 April 2025 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Luke Francis Director
12 November 2025

The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Lloyds Beal Ltd
Notes to the Financial Statements
For The Year Ended 30 April 2025
Notes to the Financial Statements
1. General Information
Lloyds Beal Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05595523 . The registered office is 24 Picton House, Hussar Court, Waterlooville, Hampshire, PO7 7SQ.
The presentation currency of the financial statements is the Pound Sterling (£).
Accounts are rounded to the nearest pound.
The accounts represent the company as an individual entity.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The presentation currency of the financial statements is the Pound Sterling (£).
Accounts are rounded to the nearest pound.
The accounts represent the company as an individual entity.
2.2. Significant judgements and estimations
The preparation of financial statements requires the use of estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements, and revenues and expenses during the reporting period. These estimates and assumptions are based on management's best knowledge of the amount, events or actions. Actual results may differ from those amounts.
Management do not consider there to be any significant judgements or estimates used in the preparation of these
financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold | 10% on cost
Plant & Machinery | 15% on reducing balance
Motor Vehicles | 20% on reducing balance
Fixtures & Fittings | 15% on reducing balance

2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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Lloyds Beal Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 23 (2024: 15)
23 15
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Total
| £ | £ | £ | £ | £
Cost
As at 1 May 2024 | - | 245,323 | 393,595 | 39,569 | 678,487
Additions | 274,248 | 101,443 | 337,579 | 16,578 | 729,848
As at 30 April 2025 | 274,248 | 346,766 | 731,174 | 56,147 | 1,408,335
Depreciation
As at 1 May 2024 | - | 64,300 | 97,984 | 37,310 | 199,594
Provided during the period | 15,727 | 32,645 | 90,212 | 1,884 | 140,468
As at 30 April 2025 | 15,727 | 96,945 | 188,196 | 39,194 | 340,062
Net Book Value
As at 30 April 2025 | 258,521 | 249,821 | 542,978 | 16,953 | 1,068,273
As at 1 May 2024 | - | 181,023 | 295,611 | 2,259 | 478,893

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Motor Vehicles | 540,520 |  | 292,539

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Lloyds Beal Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 1,220 |  | 3,411

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 421,869 |  | 335,936
Amounts owed by group undertakings | (30,000) |  | -
Other debtors | 111,844 |  | 392,285
| 503,713 |  | 728,221

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 138,575 |  | 112,300
Trade creditors | 40,062 |  | 18,176
Bank loans and overdrafts | 22,332 |  | 10,204
Other creditors | 50,867 |  | 131,370
Taxation and social security | 224,915 |  | 155,775
| 476,751 |  | 427,825

8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 426,958 |  | 251,784
Bank loans | 1,769 |  | 12,231
| 428,727 |  | 264,015

9. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 138,575 |  | 112,300
Later than one year and not later than five years | 426,958 |  | 251,784
| 565,533 |  | 364,084
| 565,533 |  | 364,084

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

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