Registered number: OC425081
Unaudited financial statements
for the year ended 31 March 2025
for
Swimwell Swimming LLP
Pages for filing with the Registrar
Registered number: OC425081
Swimwell Swimming LLP
Balance sheet
as at 31 March 2025
2025 2024
£ £ £ £
Current assets
Debtors 5,625 -
Cash at bank and in hand 14,670 22,998
20,295 22,998
Creditors: amounts falling due within one
year
(14,334) (21,979)
Net current assets 5,961 1,019
Creditors: Amounts falling due after more
than one year
(22,622) (27,001)
NET LIABILITIES ATTRIBUTABLE TO
MEMBERS
(16,661) (25,982)
Represented by:
Loans and other debts due to members
Members' capital classified as a liability (16,661) (25,982)
(16,661) (25,982)
Members' total interests
Loans and other debts due to members (16,661) (25,982)
(16,661) (25,982)
The LLP was 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 relating to small LLPs for the year ended 31 March 2025.
The members acknowledge their responsibilities to comply with the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 in respect to accounting records and the preparation of financial statements.
1
Registered number: OC425081
Swimwell Swimming LLP
Balance sheet - continued
as at 31 March 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the members and authorised for issue on 18 June 2025 and signed on their behalf by:
Ms M Lloyd, Designated Member
18 June 2025
2
Swimwell Swimming LLP
Notes to the financial statements
for the year ended 31 March 2025
1 General information
Swimwell Swimming LLP is a limited liability partnership registered in England and Wales. Its registered number is OC425081. Its registered office is Appletree House, 1 Lamb Close, Slapton, Leighton Buzzard, Bedfordshire, LU7 9TJ.
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 and the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the members have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the LLP's ability to continue as a going concern. In making this assessment, the members take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The members consider that the LLP has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit and loss in the period to which they relate.
Members' transactions with the LLP
3 Average number of employees
During the year the average number of employees was 3 (2024 - 3).
3