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Registration number: 06307211

Lloyd Clarke Ltd
Annual Report and Unaudited Financial Statements
for the Year Ended 30 November 2025

Lloyd Clarke Ltd

Contents

Company Information | 1
Directors' Report | 2
Accountants' Report | 3
Profit and Loss Account | 4
Balance Sheet | 5
Statement of Changes in Equity | 6
Notes to the Unaudited Financial Statements | 7 to 11
Detailed Profit and Loss Account | 12

Lloyd Clarke Ltd

Company Information

Directors | Kevin Clarke Nicola Clarke

Registered office | 8A Parsons Street Banbury Oxfordshire OX16 5LW

Accountants | ReesRussell Chartered Accountants 4 South Bar Street Banbury Oxfordshire OX16 9AA

Lloyd Clarke Ltd

Directors' Report for the Year Ended 30 November 2025

The directors present their report and the financial statements for the year ended 30 November 2025.

Directors of the company

The directors who held office during the year were as follows:

Kevin Clarke

Nicola Clarke

Principal activity

The principal activity of the company is is the provision of financial services.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 2 July 2026 and signed on its behalf by:

......................................... Kevin Clarke Director

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Lloyd Clarke Ltd
for the Year Ended 30 November 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Lloyd Clarke Ltd for the year ended 30 November 2025 as set out on pages 4 to 11 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Lloyd Clarke Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Lloyd Clarke Ltd and state those matters that we have agreed to state to the Board of Directors of Lloyd Clarke Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lloyd Clarke Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Lloyd Clarke Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Lloyd Clarke Ltd. You consider that Lloyd Clarke Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Lloyd Clarke Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
ReesRussell
Chartered Accountants
4 South Bar Street
Banbury
Oxfordshire
OX16 9AA

3 July 2026

Lloyd Clarke Ltd

Profit and Loss Account for the Year Ended 30 November 2025

| Note | 2025 £ | 2024 £
Turnover |  | 200,568 | 185,372
Cost of sales |  | (23,929) | -
Gross profit |  | 176,639 | 185,372
Administrative expenses |  | (78,680) | (67,755)
Operating profit |  | 97,959 | 117,617
Other interest receivable and similar income |  | 21,618 | 6,921
Profit before tax | 4 | 119,577 | 124,538
Tax on profit |  | (23,780) | (27,539)
Profit for the financial year |  | 95,797 | 96,999

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Lloyd Clarke Ltd

(Registration number: 06307211)
Balance Sheet as at 30 November 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 2,587 | 3,449
Current assets |  |  |
Debtors | 6 | 13,973 | 23,301
Cash at bank and in hand |  | 148,845 | 135,460
|  | 162,818 | 158,761
Creditors: Amounts falling due within one year | 7 | (32,056) | (39,658)
Net current assets |  | 130,762 | 119,103
Net assets |  | 133,349 | 122,552
Capital and reserves |  |  |
Called up share capital |  | 8 | 8
Retained earnings |  | 133,341 | 122,544
Shareholders' funds |  | 133,349 | 122,552

For the financial year ending 30 November 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 2 July 2026 and signed on its behalf by:

......................................... Kevin Clarke Director

Lloyd Clarke Ltd

Statement of Changes in Equity for the Year Ended 30 November 2025

| Share capital £ | Retained earnings £ | Total £
At 1 December 2024 | 8 | 122,544 | 122,552
Profit for the year | - | 95,797 | 95,797
Dividends | - | (85,000) | (85,000)
At 30 November 2025 | 8 | 133,341 | 133,349

| Share capital £ | Retained earnings £ | Total £
At 1 December 2023 | 8 | 85,545 | 85,553
Profit for the year | - | 96,999 | 96,999
Dividends | - | (60,000) | (60,000)
At 30 November 2024 | 8 | 122,544 | 122,552

Lloyd Clarke Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
8A Parsons Street
Banbury
Oxfordshire
OX16 5LW
England

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Lloyd Clarke Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 25% reducing balance
Office equipment | 25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Lloyd Clarke Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

Lloyd Clarke Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

4 | Profit before tax

Arrived at after charging/(crediting)

| 2025 £ | 2024 £
Depreciation expense | 863 | 1,150

5 | Tangible assets

| Furniture, fittings and equipment £ | Plant & Machinery £ | Total £
Cost or valuation
At 1 December 2024 | 8,724 | 3,725 | 12,449
At 30 November 2025 | 8,724 | 3,725 | 12,449
Depreciation
At 1 December 2024 | 5,334 | 3,666 | 9,000
Charge for the year | 847 | 15 | 862
At 30 November 2025 | 6,181 | 3,681 | 9,862
Carrying amount
At 30 November 2025 | 2,543 | 44 | 2,587
At 30 November 2024 | 3,390 | 59 | 3,449

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 11,690 | 22,203
Other debtors | 2,283 | 1,098
| 13,973 | 23,301

Lloyd Clarke Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 24,539 | 27,593
Accruals and deferred income | 1,944 | 1,838
Other creditors | 5,573 | 10,227
| 32,056 | 39,658

Lloyd Clarke Ltd

Detailed Profit and Loss Account for the Year Ended 30 November 2025

| 2025 | 2024
| £ | £ | £ | £
Turnover |  |  |  |
Commissions receivable |  | 200,568 |  | 185,372
Cost of sales |  |  |  |
Commissions payable |  | 23,929 |  | -
Gross profit |  | 176,639 |  | 185,372
Administrative expenses |  |  |  |
Wages and salaries (excluding directors) | 15,904 |  | 12,648 |
Directors remuneration | 30,576 |  | 27,529 |
Staff pensions (Defined contribution) | 2,011 |  | 3,218 |
Rent | 3,000 |  | 3,000 |
Water rates | 826 |  | - |
Light, heat and power | 1,731 |  | 1,219 |
Insurance | 3,148 |  | 2,994 |
Repairs and maintenance | 2,634 |  | 135 |
Telephone and fax | 2,575 |  | 2,012 |
Computer software and maintenance costs | 1,564 |  | 1,571 |
Printing, postage and stationery | 1,358 |  | 1,355 |
Charitable donations | 100 |  | 201 |
Sundry expenses | 1,863 |  | 1,470 |
Motor expenses | 7,539 |  | 6,831 |
Staff entertaining (allowable for tax) | 998 |  | 495 |
Accountancy fees | 1,990 |  | 1,927 |
Depreciation of plant and machinery (owned) | 15 |  | 20 |
Depreciation of office equipment (owned) | 848 |  | 1,130 |
|  | (78,680) |  | (67,755)
Operating profit |  | 97,959 |  | 117,617
Bank interest receivable | 2,410 |  | 961 |
Dividend income | 19,208 |  | 5,960 |
|  | 21,618 |  | 6,921
Profit before tax |  | 119,577 |  | 124,538