McAdam Lloyd Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 5107367

McAdam Lloyd Limited

Filleted Unaudited Financial Statements

30 September 2025

McAdam Lloyd Limited

Statement of Financial Position

30 September 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	967	895
Investments	6	775	775
		-------	-------
		1,742	1,670

Current assets

Stocks		94,048	89,432
Debtors	7	84,890	111,468
Cash at bank and in hand		108,097	129,597
		---------	---------
		287,035	330,497

Creditors: amounts falling due within one year	8	25,288	49,314
		---------	---------
Net current assets		261,747	281,183
		---------	---------
Total assets less current liabilities		263,489	282,853

Creditors: amounts falling due after more than one year	9	–	7,023
		---------	---------
Net assets		263,489	275,830
		---------	---------

Capital and reserves

Called up share capital	4	4
Profit and loss account	263,485	275,826
	---------	---------
Shareholders funds	263,489	275,830
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

McAdam Lloyd Limited

Statement of Financial Position (continued)

30 September 2025

These financial statements were approved by the board of directors and authorised for issue on 31 March 2026 , and are signed on behalf of the board by:

Mrs K M Richards

Director

Company registration number: 5107367

McAdam Lloyd Limited

Notes to the Financial Statements

Year ended 30 September 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit J, Lawrence Drive, Yate, Bristol, BS37 5PG.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor vehicles	-	25% reducing balance
Equipment	-	20% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 9 (2024: 9 ).

5. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 October 2024	28,136	–	28,136
Additions	–	445	445
	--------	----	--------
At 30 September 2025	28,136	445	28,581
	--------	----	--------
Depreciation
At 1 October 2024	27,241	–	27,241
Charge for the year	225	148	373
	--------	----	--------
At 30 September 2025	27,466	148	27,614
	--------	----	--------
Carrying amount
At 30 September 2025	670	297	967
	--------	----	--------
At 30 September 2024	895	–	895
	--------	----	--------

6. Investments

	Shares in group undertakings
	£
Cost
At 1 October 2024 and 30 September 2025	775
	----
Impairment
At 1 October 2024 and 30 September 2025	–
	----

Carrying amount
At 30 September 2025	775
	----
At 30 September 2024	775
	----

7. Debtors

	2025	2024
	£	£
Trade debtors	61,529	43,308
Amounts owed by group undertakings and undertakings in which the company has a participating interest	5,042	40,864
Other debtors	18,319	27,296
	--------	---------
	84,890	111,468
	--------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	7,039	10,348
Trade creditors	4,284	23,089
Corporation tax	–	498
Social security and other taxes	4,441	1,979
Other creditors	9,524	13,400
	--------	--------
	25,288	49,314
	--------	--------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	–	7,023
	----	-------

10. Other financial commitments

The company had financial commitments not included in the balance sheet of £16,509 (2024: £44,850).