Registered No. OC399452 (England and Wales)
T & P LAIT LLP
Unaudited accounts
for the year ended 31 March 2024
T & P LAIT LLP
LLP Information
for the year ended 31 March 2024
Designated members
Mrs Patricia Lait
Registered Number
OC399452 (England and Wales)
Registered Office
Lodge Cottage
Bramford Road
Bramford
Suffolk
IP8 4AZ
T & P LAIT LLP
Statement of financial position
as at 31 March 2024
Tangible assets
671,000
604,000
Cash at bank and in hand
(528)
(494)
Creditors: amounts falling due within one year
-
(599)
Net current liabilities
(528)
(1,093)
Total assets less current liabilities
670,472
602,907
Creditors: amounts falling due after more than one year
(239,383)
(241,877)
Provisions for liabilities
(57,420)
(57,420)
Net assets attributable to members
373,669
303,610
Members' capital classified as equity
59,967
77,439
Revaluation reserve
67,000
-
Other reserves
246,702
226,171
Members' other interests
373,669
303,610
For the year ending 31 March 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 26 November 2024.
Mrs Patricia Lait
Designated member
Limited Liability Partnership Registration No. OC399452
T & P LAIT LLP
Notes to the Accounts
for the year ended 31 March 2024
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
T & P LAIT LLP is a limited liability partnership, incorporated in England and Wales, registration number OC399452. Its registered office is Lodge Cottage, Bramford Road, Bramford, Suffolk, IP8 4AZ.
3
Tangible fixed assets
Land & buildings
Cost or valuation
At valuation
4
Creditors: amounts falling due within one year
2024
2023
5
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
239,383
241,877
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).