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Registered number: 08853608

Loft Park Limited

ACCOUNTS
FOR THE YEAR ENDED 31/01/2024

Prepared By:
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Loft Park Limited

ACCOUNTS
FOR THE YEAR ENDED 31/01/2024
DIRECTORS
Nathan Kuflik
David Kuflik
REGISTERED OFFICE
17 Lampard Grove
Stamford Hill
London
N16 6XA
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08853608
ACCOUNTANTS
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Loft Park Limited

ACCOUNTS
FOR THEYEARENDED31/01/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Loft Park Limited

BALANCE SHEET AT 31/01/2024
20242023
Notes££
FIXED ASSETS
Tangible assets892,528892,528
CURRENT ASSETS
Cash at bank and in hand10,8284,939
10,8284,939
CREDITORS: Amounts falling due within one year3252,685250,602
NET CURRENT LIABILITIES(241,857)(245,663)
TOTAL ASSETS LESS CURRENT LIABILITIES650,671646,865
CREDITORS: Amounts falling due after more than one year4640,895646,454
NET ASSETS9,776411
CAPITAL AND RESERVES
Called up share capital622
Profit and loss account9,774409
SHAREHOLDERS' FUNDS9,776411
For the year ending 31/01/2024 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 25/09/2024 and signed on their behalf by
.............................
Nathan Kuflik
Director
.............................
David Kuflik
Director

Loft Park Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/01/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
2. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/02/2023892,528892,528
At 31/01/2024892,528892,528
3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Other creditors251,965249,942
Accruals720660
252,685250,602

Loft Park Limited

4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr40,37045,929
Bank loans (secured) >1yr600,525600,525
640,895646,454
5. EMPLOYEES
20242023
No.No.
Average number of employees--
6. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22
7. CONTROLLING PARTY
The company is controlled by the directors, David and Nathan Kuflik, by virtue of the fact that together they hold 100% of the company's issued and called up voting share capital.
8. RELATED PARTY TRANSACTIONS
During the year, certain loans were advanced to the company by the directors, David and Nathan Kuflik. The loans are interest free and repayable on demand. At the year end, the balances owed to the directors totalled £251,962 (2023: £249,941).