Acorah Software Products - Accounts Production 16.7.461 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 08996400 Mrs Lynda LLOYD Mr Peter LLOYD iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08996400 2024-04-30 08996400 2025-04-30 08996400 2024-05-01 2025-04-30 08996400 frs-core:CurrentFinancialInstruments 2025-04-30 08996400 frs-core:NetGoodwill 2025-04-30 08996400 frs-core:NetGoodwill 2024-05-01 2025-04-30 08996400 frs-core:NetGoodwill 2024-04-30 08996400 frs-core:PlantMachinery 2025-04-30 08996400 frs-core:PlantMachinery 2024-05-01 2025-04-30 08996400 frs-core:PlantMachinery 2024-04-30 08996400 frs-core:ShareCapital 2025-04-30 08996400 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 08996400 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 08996400 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 08996400 frs-bus:SmallEntities 2024-05-01 2025-04-30 08996400 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 08996400 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 08996400 frs-bus:Director1 2024-05-01 2025-04-30 08996400 frs-bus:Director2 2024-05-01 2025-04-30 08996400 frs-countries:EnglandWales 2024-05-01 2025-04-30 08996400 2023-04-30 08996400 2024-04-30 08996400 2023-05-01 2024-04-30 08996400 frs-core:CurrentFinancialInstruments 2024-04-30 08996400 frs-core:ShareCapital 2024-04-30 08996400 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 08996400
AE LLOYD & SON LIMITED
Unaudited Financial Statements
For The Year Ended 30 April 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 08996400
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 263 620
263 620
CURRENT ASSETS
Stocks 6 205,477 233,058
Cash at bank and in hand 411,861 346,998
617,338 580,056
Creditors: Amounts Falling Due Within One Year 7 (136,156 ) (155,610 )
NET CURRENT ASSETS (LIABILITIES) 481,182 424,446
TOTAL ASSETS LESS CURRENT LIABILITIES 481,445 425,066
NET ASSETS 481,445 425,066
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 481,443 425,064
SHAREHOLDERS' FUNDS 481,445 425,066
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
Mrs Lynda LLOYD
Director
31/10/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
AE LLOYD & SON LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 08996400 . The registered office is 25 Terrace Road, Aberystwyth, Ceredigion, SY23 1NP.
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.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Plant & Machinery 15% on written down value
2.5. 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.
2.6. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 3 3
3 3
Page 2
Page 3
4. Intangible Assets
Goodwill
£
Cost
As at 1 May 2024 20,000
As at 30 April 2025 20,000
Amortisation
As at 1 May 2024 20,000
As at 30 April 2025 20,000
Net Book Value
As at 30 April 2025 -
As at 1 May 2024 -
5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 May 2024 2,999
As at 30 April 2025 2,999
Depreciation
As at 1 May 2024 2,379
Provided during the period 357
As at 30 April 2025 2,736
Net Book Value
As at 30 April 2025 263
As at 1 May 2024 620
6. Stocks
2025 2024
£ £
Stock 205,477 233,058
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 51,746 70,614
Corporation tax 49,923 48,145
Other taxes and social security 1,274 1,283
VAT 14,340 18,366
Accruals and deferred income 7,250 10,750
Directors' loan accounts 11,623 6,452
136,156 155,610
Page 3
Page 4
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 4