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Registered number: OC399955

Baby Swimming Hertfordshire LLP

UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31/03/2024

Prepared By:
Harmonea Limited
3 Forge House
Summerleys Road
Princes Risborough
Buckinghamshire
HP27 9DT

Baby Swimming Hertfordshire LLP

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
DESIGNATED MEMBERS
Hayley Jaji
Larry Jaji
REGISTERED OFFICE
3 Forge House
Summerleys Road
Princes Risborough
Buckinghamshire
HP27 9DT
COMPANY NUMBER
OC399955
ACCOUNTANTS
Harmonea Limited
3 Forge House
Summerleys Road
Princes Risborough
Buckinghamshire
HP27 9DT

Baby Swimming Hertfordshire LLP

CONTENTS
Page
Report of the Members3
Report of the Accountants4
Profit and Loss Account5
Balance Sheet6
Notes to the Accounts7
The following do not form part of the statutory financial statements:
Trading and Profit and Loss Account11
Profit and Loss Account Summaries12
Capital Accounts13
Current Accounts13

Baby Swimming Hertfordshire LLP

MEMBERS' REPORT
FOR THE YEAR ENDED 31/03/2024
The members present their report and accounts for the year ended 31/03/2024
PRINCIPAL ACTIVITIES
The principal activity of the LLP in the year under review was Swimming lessons .
RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £12,826 (2023 £(4,604)).
DRAWINGS POLICY
The LLP operates a drawings policy which has regard to a cautious estimate of expected profits. Drawings are restricted to prudent levels, taking into account working capital performance, until the results for the year and individual members' allocations have been determined.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 as modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
This report was approved on behalf of the members on 19/12/2024
Hayley Jaji
Designated member

Baby Swimming Hertfordshire LLP

ACCOUNTANTS' REPORT TO THE MEMBERS ON THE UNAUDITED ACCOUNTS
OF BABY SWIMMING HERTFORDSHIRE LLP, FOR THE YEAR ENDED 31/03/2024
In order to assist you to fulfill your duties under the Companies Act 2006 as applied to LLP's, we have prepared for your approval the accounts of Baby Swimming Hertfordshire LLP for the year ended 31/03/2024 as set out on pages 5 to 10 from the entity's accounting records and from information and explanations you have given us.
As a practising member of the Association of Accounting Technicians, we are subject to its ethical and other professional requirements which are detailed on their website.
This report is made solely to the members of Baby Swimming Hertfordshire LLP, as a body, in accordance with the terms of our engagement letter dated 18/12/2021. Our work has been undertaken solely to prepare for your approval the accounts of Baby Swimming Hertfordshire LLP and state those matters that we have agreed to state to the Board of Directors of Baby Swimming Hertfordshire LLP, as a body, in this report, in accordance with the requirements of the Association of Accounting Technicians as detailed on their website. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Baby Swimming Hertfordshire LLP and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Baby Swimming Hertfordshire LLP has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profitability of Baby Swimming Hertfordshire LLP. You consider that Baby Swimming Hertfordshire LLP is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Baby Swimming Hertfordshire LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Harmonea Limited
3 Forge House
Summerleys Road
Princes Risborough
Buckinghamshire
HP27 9DT
19/12/2024

Baby Swimming Hertfordshire LLP

PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED31/03/2024
Notes20242023
££
TURNOVER3135,558113,894
Cost of sales(83,745)(86,646)
GROSS PROFIT51,81327,248
Administrative expenses4(38,990)(31,054)
OPERATING PROFIT / (LOSS)12,823(3,806)
Interest receivable and similar income11010
Interest payable and similar charges6(107)(193)
PROFIT / (LOSS) FOR THE FINANCIALYEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS12,826(3,989)

Baby Swimming Hertfordshire LLP

BALANCE SHEET AT 31/03/2024
20242023
Notes££
FIXED ASSETS
Intangible assets10800800
Tangible assets117841,045
1,5841,845
CURRENT ASSETS
Stock1d765765
Debtors18,78422,613
Cash at bank and in hand5,9093,790
25,45827,168
CREDITORS: Amounts falling due within one year1336,94936,523
NET CURRENT LIABILITIES(11,491)(9,355)
NET LIABILITIES ATTRIBUTABLE TO MEMBERS(9,907)(7,510)
MEMBERS ' OTHER INTERESTS
Capital accounts16(9,907)(9,907)
(9,907)(9,907)
TOTAL MEMBERS' INTERESTS
Members' other interests16(9,907)(9,907)
Amounts due from members(18,784)(22,613)
(28,691)(32,520)
For the year ending 31/03/2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 as modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts as modified 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
Approved by the members on 19/12/2024 and signed on their behalf by
.............................
Hayley Jaji
Designated Member

Baby Swimming Hertfordshire LLP

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
1. ACCOUNTING POLICIES
1b. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships.
1b. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships.
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 25%
1d. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
1f. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

Baby Swimming Hertfordshire LLP

2. INFORMATION IN RELATION TO MEMBERS 20242023
The average number of members during the year was22
3. TURNOVER
The turnover and pre-tax result is attributable to Swimming lessons.
20242023
££
Sales135,558113,894
135,558113,894
4. OTHER OPERATING EXPENSES 20242023
££
Selling and marketing costs7,5914,826
Administrative expenses31,13925,880
Costs relating to the purchase, use, and disposal of assets260348
38,99031,054
5. INTEREST RECEIVABLE AND OTHER SIMILAR INCOME 20242023
££
Bank interest receivable11010
11010
6. INTEREST PAYABLE AND SIMILAR CHARGES 20242023
££
Interest on loans repayable within 5 years107193
107193
7. OPERATING PROFIT
20242023
££
Operating Profit is stated after charging:
Depreciation260348
260348

Baby Swimming Hertfordshire LLP

8. DIRECTORS AND EMPLOYEES
Particulars of employees (including directors) are shown below:
Employee costs during the year amounted to: 20242023
££
Wages and salaries13,1825,490
13,1825,490
9. EMPLOYEES
20242023
No.No.
Average number of employees11
10. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/04/202312,00012,000
At 31/03/202412,00012,000
Depreciation
At 01/04/202311,20011,200
At 31/03/202411,20011,200
Net Book Amounts
At 31/03/2024800800
At 31/03/2023800800
11. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/04/20232,2182,218
At 31/03/20242,2182,218
Depreciation
At 01/04/20231,1731,173
For the year261261
At 31/03/20241,4341,434
Net Book Amounts
At 31/03/2024784784
At 31/03/20231,0451,045

Baby Swimming Hertfordshire LLP

12. STOCK 20242023
££
Stock comprises:
Stock765765
765765
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Bank loans and overdrafts8,28312,465
Trade creditors232-
Other creditors28,43424,058
36,94936,523
14. LOANS AND OTHER DEBTS DUE TO MEMBERS 20242023
££
The loans and debts due to members rank equally with debts due to ordinary creditors in a winding up.
15. MEMBERS INTERESTS
Members' capital (classified as equity)Revaluation ReserveReservesTotalLoans and other debts due to/(from) membersTotal
££££££
Amount due from members(21,366)
Balance at 01/04/2023(9,907)--(9,907)(21,366)(31,273)
Profit for the financial year available for discretionary division among members12,82612,826-12,826
Members' interests after profit for the year(9,907)12,8262,919(21,366)(18,447)
Other divisions of profit(12,826)(12,826)12,826
Drawings(10,244)(10,244)
Amount due from members(18,784)
Balance at 31/03/2024(9,907)-(9,907)(18,784)(28,691)

Baby Swimming Hertfordshire LLP

TRADING AND PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31/03/2024
20242023
££
Turnover135,558113,894
Cost of Sales:
Stock at 31/03/2023765-
Purchases71,98876,118
Other direct expenses11,75711,293
84,51087,411
Stock at 31/03/2024(765)(765)
83,74586,646
Gross Profit51,81327,248
51,81327,248
Less:
Distribution costs7,5914,826
Administrative expenses31,39926,228
Interest receivable and similar income(110)(10)
Interest payable and similar charges107193
38,98731,237
Net profit / (loss) for the year before taxation12,826(3,989)
Net profit / (loss) for the year after taxation12,826(3,989)
Loss on disposal of fixed assets-615
-615
12,826(4,604)
Retained profits brought forward-2,397
Retained profits / (losses) carried forward12,826(2,207)
This page does not form part of the Company's Statutory Accounts and is prepared for the information of the Directors only.

Baby Swimming Hertfordshire LLP

PROFIT AND LOSS ACCOUNT SUMMARIES
FOR THE YEAR ENDED 31/03/2024
20242023
££
Cost of sales - purchases:
Purchases-892
Pool hire46,40043,804
Subcontractors25,58831,422
71,98876,118
Cost of sales - other direct costs:
Franchise fees11,75711,293
11,75711,293
Distribution Costs:
Marketing5,1653,672
Gifts to customers35410
Travel1,316335
Business entertaining756109
Staff entertaining-700
7,5914,826
Interest payable and similar charges:
Interest on loans repayable within 5 years107193
107193

Baby Swimming Hertfordshire LLP

PROFIT AND LOSS ACCOUNT SUMMARIES
FOR THE YEAR ENDED 31/03/2024
20242023
Administrative Expenses:
Insurance1,5221,960
Cleaning139232
Wages - regular13,1825,490
Staff welfare150150
Training173-
Equipment maintenance2311,065
Computer costs1,605763
Motor expenses - fuel and oil5,4915,954
Accountancy fees8152,348
Legal costs (revenue)1,3921,543
Meeting Costs7542,711
Bookkeeping fees1,005-
Uniform/Clothing144122
Stationery & office supplies1,513960
Telephone 1,5271,379
Subscriptions295224
Charitable donations-36
Bank charges1,201943
Depreciation and Amortisation:
Depreciation of equipment260348
31,39926,228
This page does not form part of the Company's Statutory Accounts and is prepared for the information of the Directors only.
16. CAPITAL ACCOUNTS
Hayley JajiLarry JajiTotal
£££
At 01/04/2023(4,857)(5,050)(9,907)
At 31/03/2024(4,857)(5,050)(9,907)
17. MEMBERS' CURRENT ACCOUNTS
Hayley JajiLarry JajiTotal
£££
At 01/04/2023(11,679)(9,687)(21,366)
Share of profit12,69812812,826
1,019(9,559)(8,540)
Drawings4,4285,81610,244
At 31/03/2024(3,409)(15,375)(18,784)