SWIM DYNAMICS LIMITED

Company Registration Number:
09603478 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

SWIM DYNAMICS LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

SWIM DYNAMICS LIMITED

Company Information

for the Period Ended 31 May 2024




Director: Emma C MacDonald
John MacDonald
Registered office: 76
Moor Lane
North Hykeham
Lincoln
England
LN6 9AB
Company Registration Number: 09603478 (England and Wales)

SWIM DYNAMICS LIMITED

Profit and Loss Account

for the Period Ended 31 May 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 38 10,044
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 1,591 ) ( 8,330 )
Operating Profit or (Loss) ( 1,553 ) 1,714
Interest Payable and Similar Charges ( 34 ) ( 44 )
Profit or (Loss) Before Tax ( 1,587 ) 1,670
Profit or (Loss) for Period ( 1,587 ) 1,670

The notes form part of these financial statements

SWIM DYNAMICS LIMITED

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 0 0
Tangible assets: 5 0 662
Total fixed assets: 0 662
Current assets
Stocks: 0 0
Debtors: 1,123 1,872
Cash at bank and in hand: 395 971
Total current assets: 1,518 2,843
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 0 ) ( 0 )
Net current assets (liabilities): 1,518 2,843
Total assets less current liabilities: 1,518 3,505
Creditors: amounts falling due after more than one year: ( 1,133 ) ( 1,533 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 385 1,972

The notes form part of these financial statements

SWIM DYNAMICS LIMITED

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 9,000 9,000
Revaluation reserve: 6 0 0
Profit and loss account: ( 8,615 ) ( 7,028 )
Shareholders funds: 385 1,972

For the year ending 31 May 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 21 August 2024
And Signed On Behalf Of The Board By:

Name: Emma C MacDonald
Status: Director

The notes form part of these financial statements

SWIM DYNAMICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SWIM DYNAMICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

SWIM DYNAMICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

SWIM DYNAMICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 June 2023 0
    Additions 0
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 31 May 2024 0
    Amortisation
    Amortisation at 01 June 2023 0
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 31 May 2024 0
    Net book value
    Net book value at 31 May 2024 0
    Net book value at 31 May 2023 0

SWIM DYNAMICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Tangible Assets

Total
Cost £
At 01 June 2023 3,239
Additions 0
Disposals (0)
Revaluations 0
Transfers 0
At 31 May 2024 3,239
Depreciation
At 01 June 2023 2,577
Charge for year 662
On disposals -
Other adjustments -
At 31 May 2024 3,239
Net book value
At 31 May 2024 0
At 31 May 2023 662

Assets scrapped

SWIM DYNAMICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Revaluation reserve


2024
£
Balance at 01 June 2023 0
Surplus or deficit after revaluation 0
Balance at 31 May 2024 0