Acorah Software Products - Accounts Production 16.3.350 false true false 14 May 2024 31 March 2025 31 March 2025 OC452285 Mrs N H Ayers Mr B Ayers iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC452285 2024-05-13 OC452285 2025-03-31 OC452285 2024-05-14 2025-03-31 OC452285 frs-core:ComputerEquipment 2025-03-31 OC452285 frs-core:ComputerEquipment 2024-05-14 2025-03-31 OC452285 frs-core:ComputerEquipment 2024-05-13 OC452285 frs-bus:LimitedLiabilityPartnershipLLP 2024-05-14 2025-03-31 OC452285 frs-bus:LimitedLiabilityPartnershipsSORP 2024-05-14 2025-03-31 OC452285 frs-bus:FilletedAccounts 2024-05-14 2025-03-31 OC452285 frs-bus:SmallEntities 2024-05-14 2025-03-31 OC452285 frs-bus:AuditExempt-NoAccountantsReport 2024-05-14 2025-03-31 OC452285 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-14 2025-03-31 OC452285 frs-countries:EnglandWales 2024-05-14 2025-03-31 OC452285 frs-bus:PartnerLLP1 2024-05-14 2025-03-31 OC452285 frs-bus:PartnerLLP2 2024-05-14 2025-03-31
Registered number: OC452285
Gogglesquad Swim School LLP
Unaudited Financial Statements
For the Period 14 May 2024 to 31 March 2025
Elevate Professional Ltd T/A Elevate Accountancy
Unit 5 Marlborough Road
Wrexham Industrial Estate
Wrexham
LL13 9RJ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: OC452285
31 March 2025
Notes £ £
FIXED ASSETS
Tangible Assets 4 565
565
CURRENT ASSETS
Debtors 5 6,384
Cash at bank and in hand 74,636
81,020
Creditors: Amounts Falling Due Within One Year 6 (27,481 )
NET CURRENT ASSETS (LIABILITIES) 53,539
TOTAL ASSETS LESS CURRENT LIABILITIES 54,104
NET ASSETS ATTRIBUTABLE TO MEMBERS 54,104
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 54,104
54,104
54,104
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 54,104
54,104
For the period ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members
Mrs N H Ayers
Designated Member
30/05/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Gogglesquad Swim School LLP is a limited liability partnership, incorporated in England & Wales, registered number OC452285 . The Registered Office is 55 Ember Farm Way, East Molesey, Surrey, KT8 0BH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 20% on cost
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the period was: 1
1
4. Tangible Assets
Computer Equipment
£
Cost
As at 14 May 2024 -
Additions 617
As at 31 March 2025 617
Depreciation
As at 14 May 2024 -
Provided during the period 52
As at 31 March 2025 52
Net Book Value
As at 31 March 2025 565
As at 14 May 2024 -
Page 2
Page 3
5. Debtors
31 March 2025
£
Due within one year
Other debtors 6,384
6. Creditors: Amounts Falling Due Within One Year
31 March 2025
£
Other creditors 27,481
Page 3