Lockard and Associates LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC371355 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2021

FOR

LOCKARD AND ASSOCIATES LLP

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

J Lockard

Mrs J A Lockard

REGISTERED OFFICE:

1 Neville Avenue

New Malden

Surrey

KT3 4SN

REGISTERED NUMBER:

OC371355 (England and Wales)

ACCOUNTANTS:

Pesters

2 Park Court

Pyrford Road

West Byfleet

Surrey

KT14 6SD

CURRENT ASSETS

Debtors

4

263,923

270,636

Cash at bank

1,608

2,061

265,531

272,697

CREDITORS

Amounts falling due within one year

5

1,128

1,116

NET CURRENT ASSETS

264,403

271,581

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

264,403

271,581

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

264,403

271,581

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

264,403

271,581

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 5 April 2021.

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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 27 September 2021 and were signed by:

J Lockard - Designated member

1.	STATUTORY INFORMATION

Lockard and Associates LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2020 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.21

5.4.20

£

£

Other debtors

263,923

270,636

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.21

5.4.20

£

£

Other creditors

1,128

1,116

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Amounts due to members are unsecured and no specific protection is afforded to creditors in the event of

winding up.There are no limitations on the ability of members to reduce the amount of members' other interests.

7.	RELATED PARTY DISCLOSURES

The LLP has a 33.33% interest in Astor Ridge LLP and a 1% interest in Astor Ridge NA LLP. Income and losses from these investments is shown in the attached profit and loss account as profit from participating interests. The investment remaining in these LLPs is included in other debtors.