REGISTERED NUMBER: 10421196 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD 31 OCTOBER 2024 TO 31 MARCH 2026

FOR

W LLOYD SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W R Lloyd

Miss R A Chance

REGISTERED OFFICE:

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

REGISTERED NUMBER:

10421196 (England and Wales)

ACCOUNTANTS:

Segrave & Partners LLP

Chartered Accountants

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

FIXED ASSETS

Tangible assets

4

181,547

75,324

CURRENT ASSETS

Stocks

99,180

-

Debtors

5

280,567

230,234

Cash at bank

28,056

24,060

407,803

254,294

CREDITORS

Amounts falling due within one year

6

209,847

154,723

NET CURRENT ASSETS

197,956

99,571

TOTAL ASSETS LESS CURRENT LIABILITIES

379,503

174,895

CREDITORS

Amounts falling due after more than one year

7

(101,945

)

(39,001

)

PROVISIONS FOR LIABILITIES

9

(45,387

)

(18,831

)

NET ASSETS

232,171

117,063

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

232,071

116,963

SHAREHOLDERS' FUNDS

232,171

117,063

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2026 and were signed on its behalf by:

W R Lloyd - Director

1.	STATUTORY INFORMATION

W Lloyd Services 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, rebates, value added tax and other sales taxes.

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.

Tools and equipment

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Tools and

Motor

Computer

equipment

vehicles

equipment

Totals

£

£

£

£

COST

At 31 October 2024

23,011

116,280

2,890

142,181

Additions

10,347

140,522

739

151,608

At 31 March 2026

33,358

256,802

3,629

293,789

DEPRECIATION

At 31 October 2024

11,304

54,002

1,551

66,857

Charge for period

4,410

40,560

415

45,385

At 31 March 2026

15,714

94,562

1,966

112,242

NET BOOK VALUE

At 31 March 2026

17,644

162,240

1,663

181,547

At 30 October 2024

11,707

62,278

1,339

75,324

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 31 October 2024

59,280

Additions

130,022

At 31 March 2026

189,302

DEPRECIATION

At 31 October 2024

28,928

Charge for period

32,075

At 31 March 2026

61,003

NET BOOK VALUE

At 31 March 2026

128,299

At 30 October 2024

30,352

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Trade debtors

-

131,995

Other debtors

152,960

48,463

Directors' current accounts

73,718

19,971

VAT

53,889

29,805

280,567

230,234

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Bank loans and overdrafts

4,500

6,000

Hire purchase contracts

45,172

8,999

Trade creditors

21,602

37,757

Tax

74,067

42,586

Social security and other taxes

52,746

27,640

Other creditors

6,560

28,241

Accrued expenses

5,200

3,500

209,847

154,723

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2024

£

£

Bank loans - 2-5 years

-

7,000

Hire purchase contracts

101,945

32,001

101,945

39,001

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2024

£

£

Bank loans

4,500

13,000

Hire purchase

147,117

41,000

151,617

54,000

The bank loan is secured by way of a government backed guarantee.

The hire purchase is secured against the vehicles which they relate to.

9.	PROVISIONS FOR LIABILITIES

2026

2024

£

£

Deferred tax

45,387

18,831

Deferred

tax

£

Balance at 31 October 2024

18,831

Provided during period

26,556

Balance at 31 March 2026

45,387

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 March 2026 and the year ended 30 October 2024:

2026

2024

£

£

W R Lloyd and Miss R A Chance

Balance outstanding at start of period

19,971

49,540

Amounts advanced

73,747

19,971

Amounts repaid

(20,000

)

(49,540

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

73,718

19,971