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REGISTERED NUMBER: 15111677 (England and Wales)


















FINANCIAL STATEMENTS

FOR THE PERIOD

4 SEPTEMBER 2023 TO 30 SEPTEMBER 2024

FOR

LUTTERWORTH SWIM SCHOOL LIMITED

LUTTERWORTH SWIM SCHOOL LIMITED (REGISTERED NUMBER: 15111677)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 4 SEPTEMBER 2023 TO 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LUTTERWORTH SWIM SCHOOL LIMITED

COMPANY INFORMATION
FOR THE PERIOD 4 SEPTEMBER 2023 TO 30 SEPTEMBER 2024







DIRECTOR: M Booth





REGISTERED OFFICE: Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA





REGISTERED NUMBER: 15111677 (England and Wales)





ACCOUNTANTS: TGFP
Chartered Accountants
Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA

LUTTERWORTH SWIM SCHOOL LIMITED (REGISTERED NUMBER: 15111677)

BALANCE SHEET
30 SEPTEMBER 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 77,306

CURRENT ASSETS
Debtors 5 29,370
Cash at bank 526
29,896
CREDITORS
Amounts falling due within one year 6 27,521
NET CURRENT ASSETS 2,375
TOTAL ASSETS LESS CURRENT
LIABILITIES

79,681

CREDITORS
Amounts falling due after more than one
year

7

91,466
NET LIABILITIES (11,785 )

CAPITAL AND RESERVES
Called up and paid share capital 100
Retained earnings (11,885 )
(11,785 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

LUTTERWORTH SWIM SCHOOL LIMITED (REGISTERED NUMBER: 15111677)

BALANCE SHEET - continued
30 SEPTEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 February 2025 and were signed by:





M Booth - Director


LUTTERWORTH SWIM SCHOOL LIMITED (REGISTERED NUMBER: 15111677)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 4 SEPTEMBER 2023 TO 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Lutterworth Swim School Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company 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 Companies Act 2006. 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.

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 - 25% on reducing balance

Financial instruments
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

LUTTERWORTH SWIM SCHOOL LIMITED (REGISTERED NUMBER: 15111677)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 4 SEPTEMBER 2023 TO 30 SEPTEMBER 2024


2. ACCOUNTING POLICIES - continued

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.

Going concern
The financial statements have been prepared on the going concern basis, on the understanding that the company will receive continued support from the creditors for a period of at least 12 months from the date of these financial statements. The financial statements do not account for any adjustments that would be required if the company was unable to achieve these objectives.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 103,074
At 30 September 2024 103,074
DEPRECIATION
Charge for period 25,768
At 30 September 2024 25,768
NET BOOK VALUE
At 30 September 2024 77,306

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 29,370

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 2,421
Other creditors 25,100
27,521

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Other creditors 91,466

LUTTERWORTH SWIM SCHOOL LIMITED (REGISTERED NUMBER: 15111677)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 4 SEPTEMBER 2023 TO 30 SEPTEMBER 2024


8. SECURED DEBTS

The following secured debts are included within creditors:

£   
Other loans 115,466

There is a floating charge over the property of the company.

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the director operated a loan with the company with no fixed terms of repayment or interest. Amounts advanced during the year were £5,270. At the year end the amount owing to the company was £5,270.