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Company registration number: 11257463
Lofts Inc Limited
Unaudited filleted financial statements
31 March 2024
Lofts Inc Limited
Contents
Directors and other information
Director's report
Accountants report
Statement of financial position
Lofts Inc Limited
Directors and other information
Director Mr Keith MacRae
Company number 11257463
Registered office 170 Holland Park Avenue
London
W11 4UH
Accountants Jenner Accountants Limited
1st Floor, 2 South House
Bond Avenue
Milton Keynes
Buckinghamshire
MK1 1SW
Lofts Inc Limited
Director's report
Year ended 31 March 2024
The director presents his report and the unaudited financial statements of the company for the year ended 31 March 2024.
Director
The director who served the company during the year was as follows:
Mr Keith MacRae
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 04 March 2025 and signed on behalf of the board by:
Mr Keith MacRae
Director
Lofts Inc Limited
Chartered accountants report to the director on the preparation of the
unaudited statutory financial statements of Lofts Inc Limited
Year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lofts Inc Limited for the year ended 31 March 2024 which comprise the statement of financial position and related notes 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 /en/members/regulations-standards-and-guidance/.
This report is made solely to the director of Lofts Inc Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Lofts Inc Limited and state those matters that we have agreed to state to them, 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 Lofts Inc Limited and its director as a body for our work or for this report.
It is your duty to ensure that Lofts Inc Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Lofts Inc Limited. You consider that Lofts Inc Limited 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 financial statements of Lofts Inc Limited. 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 financial statements.
Jenner Accountants Limited
Chartered Accountants
1st Floor, 2 South House
Bond Avenue
Milton Keynes
Buckinghamshire
MK1 1SW
4 March 2025
Lofts Inc Limited
Statement of financial position
31 March 2024
2024 2023
£ £
Fixed assets 3,782,319 3,800,581
_______ _______
Current assets 17,008,994 13,663,049
Creditors: amounts falling due within one year ( 3,820,337) ( 681,856)
_______ _______
Net current assets 13,188,657 12,981,193
_______ _______
Total assets less current liabilities 16,970,976 16,781,774
Creditors: amounts falling due after more than one year ( 18,008,957) ( 17,639,183)
Accruals and deferred income ( 840) ( 1,680)
_______ _______
Net liabilities ( 1,038,821) ( 859,089)
_______ _______
Capital and reserves ( 1,038,821) ( 859,089)
_______ _______
Lofts Inc Limited
Year ended 31 March 2024
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 04 March 2025 , and are signed on behalf of the board by:
Mr Keith MacRae
Director
Company registration number: 11257463
The company is a private company limited by shares, registered in England and Wales.