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REGISTERED NUMBER: OC401579 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 OCTOBER 2023 TO 31 MARCH 2024

FOR

HAVEFUN SWIMMING LLP

HAVEFUN SWIMMING LLP (REGISTERED NUMBER: OC401579)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 OCTOBER 2023 TO 31 MARCH 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HAVEFUN SWIMMING LLP

GENERAL INFORMATION
FOR THE PERIOD 1 OCTOBER 2023 TO 31 MARCH 2024







DESIGNATED MEMBERS: J Bairstow
Mrs C Bairstow





REGISTERED OFFICE: 58
Cowslip Crescent
Thatcham
Berkshire
RG18 4BZ





REGISTERED NUMBER: OC401579 (England and Wales)





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

HAVEFUN SWIMMING LLP (REGISTERED NUMBER: OC401579)

BALANCE SHEET
31 MARCH 2024

31/3/24 30/9/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 34,663 10,582
34,663 10,582

CURRENT ASSETS
Stocks 11,411 12,123
Debtors 6,853 -
Cash at bank 61,013 67,700
79,277 79,823
CREDITORS
Amounts falling due within one year 6 89,280 63,679
NET CURRENT (LIABILITIES)/ASSETS (10,003 ) 16,144
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,660

26,726

CREDITORS
Amounts falling due after more than one year 7 24,116 9,610
NET ASSETS ATTRIBUTABLE TO
MEMBERS

544

17,116

HAVEFUN SWIMMING LLP (REGISTERED NUMBER: OC401579)

BALANCE SHEET - continued
31 MARCH 2024

31/3/24 30/9/23
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

544

17,116

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 544 17,116
Amounts due from members (6,853 ) -
(6,309 ) 17,116

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 period 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.

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 30 July 2024 and were signed by:





Mrs C Bairstow - Designated member

HAVEFUN SWIMMING LLP (REGISTERED NUMBER: OC401579)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 OCTOBER 2023 TO 31 MARCH 2024


1. STATUTORY INFORMATION

Havefun 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 ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on cost, 20% on reducing balance and not provided

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEE INFORMATION

The average number of employees during the period was 16 (2023 - 8 ) .

HAVEFUN SWIMMING LLP (REGISTERED NUMBER: OC401579)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 OCTOBER 2023 TO 31 MARCH 2024


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 October 2023
and 31 March 2024 6,247
AMORTISATION
At 1 October 2023
and 31 March 2024 6,247
NET BOOK VALUE
At 31 March 2024 -
At 30 September 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 24,451
Additions 37,873
Disposals (21,463 )
At 31 March 2024 40,861
DEPRECIATION
At 1 October 2023 13,869
Charge for period 5,001
Eliminated on disposal (12,672 )
At 31 March 2024 6,198
NET BOOK VALUE
At 31 March 2024 34,663
At 30 September 2023 10,582

HAVEFUN SWIMMING LLP (REGISTERED NUMBER: OC401579)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 OCTOBER 2023 TO 31 MARCH 2024


5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 October 2023 21,463
Additions 37,873
Disposals (21,463 )
At 31 March 2024 37,873
DEPRECIATION
At 1 October 2023 12,672
Charge for period 4,734
Eliminated on disposal (12,672 )
At 31 March 2024 4,734
NET BOOK VALUE
At 31 March 2024 33,139
At 30 September 2023 8,791

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 30/9/23
£    £   
Hire purchase contracts 3,826 1,983
Trade creditors 1 -
Taxation and social security (484 ) 114
Other creditors 85,937 61,582
89,280 63,679

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/24 30/9/23
£    £   
Hire purchase contracts 24,116 9,610

HAVEFUN SWIMMING LLP (REGISTERED NUMBER: OC401579)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 OCTOBER 2023 TO 31 MARCH 2024


8. LOANS AND OTHER DEBTS DUE TO MEMBERS
31/3/24 30/9/23
£    £   
Amounts owed to members in respect of profits 544 17,116

Falling due within one year 544 17,116

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