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REGISTERED NUMBER: OC329903 (England and Wales)



















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

DEREK LOFTY & ASSOCIATES LLP

DEREK LOFTY & ASSOCIATES LLP (REGISTERED NUMBER: OC329903)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2024




Page

General Information 1

Balance Sheet 2


DEREK LOFTY & ASSOCIATES LLP

GENERAL INFORMATION
for the Year Ended 31 MARCH 2024







DESIGNATED MEMBERS: Mr D Lofty
Mr A Lofty





REGISTERED OFFICE: 260 - 270 Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL





REGISTERED NUMBER: OC329903 (England and Wales)





ACCOUNTANTS: Foxley Kingham
Chartered Accountants
260 - 270 Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL

DEREK LOFTY & ASSOCIATES LLP (REGISTERED NUMBER: OC329903)

BALANCE SHEET
31 MARCH 2024

2024 2023
£    £    £    £   
FIXED ASSETS 294,356 294,356

CURRENT ASSETS 2,896 1,653

CREDITORS
Amounts falling due within one year (64,733 ) (59,430 )
NET CURRENT LIABILITIES (61,837 ) (57,777 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

232,519

236,579

CREDITORS
Amounts falling due after more than one
year

151,945

160,610
NET ASSETS 80,574 75,969

LOANS AND OTHER DEBTS DUE TO MEMBERS 80,574 75,969

NOTES TO THE FINANCIAL STATEMENTS

1. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was NIL (2023 - NIL).

2. SECURED CREDITORS

Creditors include secured creditors totalling £161,360 (2023: £170,025).

3. PRESENTATION CURRENCY

The presentation currency of the financial statements is the Pound Sterling (£)



The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

DEREK LOFTY & ASSOCIATES LLP (REGISTERED NUMBER: OC329903)

BALANCE SHEET - continued
31 MARCH 2024


The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 11 November 2024 and were signed by:





Mr A Lofty - Designated member