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REGISTERED NUMBER: OC420947 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

FPT OXFORDSHIRE SWIMMING LLP

FPT OXFORDSHIRE SWIMMING LLP (REGISTERED NUMBER: OC420947)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FPT OXFORDSHIRE SWIMMING LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DESIGNATED MEMBERS: Mrs T L Thomas
D P Thomas





REGISTERED OFFICE: 94 Gainsborough Green
Abingdon
OX14 5JN





REGISTERED NUMBER: OC420947 (England and Wales)





ACCOUNTANTS: DAVID WRIGHT ACCOUNTANTS LIMITED
Unit 10
Bridgend Business Park
Bennett Street
Bridgend
Glamorgan
CF31 3SH

FPT OXFORDSHIRE SWIMMING LLP (REGISTERED NUMBER: OC420947)

BALANCE SHEET
31 MARCH 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 32,358 43,110
32,358 43,110

CURRENT ASSETS
Stocks 450 450
Debtors 6 165 124
Cash at bank 13,732 43,736
14,347 44,310
CREDITORS
Amounts falling due within one year 7 21,609 30,071
NET CURRENT (LIABILITIES)/ASSETS (7,262 ) 14,239
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,096

57,349

CREDITORS
Amounts falling due after more than one year 8 18,244 23,264
NET ASSETS ATTRIBUTABLE TO
MEMBERS

6,852

34,085

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

6,852

34,085

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 9 6,852 34,085

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.

FPT OXFORDSHIRE SWIMMING LLP (REGISTERED NUMBER: OC420947)

BALANCE SHEET - continued
31 MARCH 2024


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 4 August 2024 and were signed by:





Mrs T L Thomas - Designated member

FPT OXFORDSHIRE SWIMMING LLP (REGISTERED NUMBER: OC420947)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Fpt Oxfordshire Swimming 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.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 5 (2023 - 4 ) .

FPT OXFORDSHIRE SWIMMING LLP (REGISTERED NUMBER: OC420947)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023
and 31 March 2024 6,850
AMORTISATION
At 1 April 2023
and 31 March 2024 6,850
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 44,771
DEPRECIATION
At 1 April 2023 1,661
Charge for year 10,752
At 31 March 2024 12,413
NET BOOK VALUE
At 31 March 2024 32,358
At 31 March 2023 43,110

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Other debtors 165 124

FPT OXFORDSHIRE SWIMMING LLP (REGISTERED NUMBER: OC420947)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Hire purchase contracts 5,020 4,389
Trade creditors (1 ) (2 )
Other creditors 16,590 25,684
21,609 30,071

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/24 31/3/23
£    £   
Hire purchase contracts 18,244 23,264

9. LOANS AND OTHER DEBTS DUE TO MEMBERS
31/3/24 31/3/23
£    £   
Amounts owed to members in respect of profits 6,852 34,085

Falling due within one year 6,852 34,085

Loans and other debts due to members rank equally with debts due to other creditors in the event of a winding up.