Alex Lloyd LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC378349 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

ALEX LLOYD LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

J L Dawson

T A Dawson

Mrs S M Dawson

B Dawson

Miss G Dawson

REGISTERED OFFICE:

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

REGISTERED NUMBER:

OC378349 (England and Wales)

ACCOUNTANTS:

Watson Associates (Professional Services) Ltd

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

FIXED ASSETS

Investment property

4

1,955,442

CURRENT ASSETS

Debtors

5

3,334

6,690

Cash at bank

7,820

25,551

11,154

32,241

CREDITORS

Amounts falling due within one year

6

(354,554

)

(404,768

)

NET CURRENT LIABILITIES

(343,400

)

(372,527

)

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,612,042

1,582,915

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

1,180,558

1,151,431

MEMBERS' OTHER INTERESTS

Fair Value adjustment reserves

8

431,484

1,612,042

1,582,915

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

1,180,558

1,151,431

Members' other interests

431,484

1,612,042

1,582,915

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 2025.

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.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 31 December 2025 and were signed by:

T A Dawson - Designated member

1.	STATUTORY INFORMATION

Alex Lloyd LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,955,442

NET BOOK VALUE

At 31 March 2025

1,955,442

At 31 March 2024

1,955,442

Fair value at 31 March 2025 is represented by:

£

Valuation in 2015

(716

)

Valuation in 2016

122,000

Valuation in 2019

80,000

Valuation in 2020

(19,800

)

Valuation in 2021

250,000

Cost

1,523,958

1,955,442

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

3,334

6,690

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

326,062

363,019

Trade creditors

-

2,096

Other creditors

28,492

39,653

354,554

404,768

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Amounts shown as due as loans and other debts due to members rank pari pasu in relation to other creditors in the event of a winding up.

8.

RESERVES

Fair

Value

adjustment

reserves

£

At 1 April 2024

and 31 March 2025

431,484