Company registration number: 06462451
Unaudited financial statements
for the year ended 31 December 2024
for
Wessex Swim School Limited
Pages for filing with the Registrar
Company registration number: 06462451
Wessex Swim School Limited
Balance sheet
as at 31 December 2024
31 Dec 24 31 Dec 23
Note £ £ £ £
Fixed assets
Intangible assets 4 25,944 35,916
Tangible assets 5 2,732 3,619
28,676 39,535
Current assets
Stocks 3,000 3,000
Debtors 630,251 676,176
633,251 679,176
Creditors: amounts falling due within one
year
(211,577) (276,937)
Net current assets 421,674 402,239
Total assets less current liabilities 450,350 441,774
Creditors: Amounts falling due after more
than one year
(51,548) (100,734)
NET ASSETS 398,802 341,040
Capital and reserves
Called up share capital 100 100
Profit and loss account 398,702 340,940
TOTAL EQUITY 398,802 341,040
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 06462451
Wessex Swim School Limited
Balance sheet - continued
as at 31 December 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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr C Rees, Director
21 July 2025
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Wessex Swim School Limited
Notes to the financial statements
for the year ended 31 December 2024
1 Company information
Wessex Swim School Limited is a private company registered in England and Wales. Its registered number is 06462451. The company is limited by shares. Its registered office is 46 Leigh Road, Eastleigh, SO50 9DT.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes 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 director considers that the company 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.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Patents and licences -
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.:
Plant and equipment - 25% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
3
Wessex Swim School Limited
Notes to the financial statements - continued
for the year ended 31 December 2024
2 Accounting policies - continued
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 165 (2023 - 114).
4 Intangible assets
Other
intangible
assets
£
Cost
At 1 January 2024 73,860
At 31 December 2024 73,860
Amortisation
At 1 January 2024 37,944
Charge for year 9,972
At 31 December 2024 47,916
Net book value
At 31 December 2024 25,944
At 31 December 2023 35,916
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 January 2024 7,239
Additions 1,230
At 31 December 2024 8,469
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Wessex Swim School Limited
Notes to the financial statements - continued
for the year ended 31 December 2024
5 Tangible fixed assets - continued
Depreciation
At 1 January 2024 3,620
Charge for year 2,117
At 31 December 2024 5,737
Net book value
At 31 December 2024 2,732
At 31 December 2023 3,619
6 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the periods ended 31 December 2024 and 31 December 2023.
31 Dec 24 31 Dec 23
£ £
Christopher Rees
Balance outstanding at start of year (79,816) (24,818)
Amounts advanced 294,183 114,677
Amounts repaid (219,439) (169,675)
Balance outstanding at end of year (5,072) (79,816)
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