Swim Speci LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3

Registered number: OC436265

		2024		2023
	Notes	£	£	£	£
CURRENT ASSETS
Cash at bank and in hand		-		81

		-		81
Creditors: Amounts Falling Due Within One Year	4	(1,410 )		(13,265 )

NET CURRENT ASSETS (LIABILITIES)			(1,410 )		(13,184 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(1,410 )		(13,184 )

NET LIABILITIES ATTRIBUTABLE TO MEMBERS			(1,410 )		(13,184 )

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		180,486		111,964

			180,486		111,964

Equity
Members' other interests
Members' capital		(181,896)		(125,148)

			(181,896)		(125,148)

			(1,410)		(13,184)

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			180,486		111,964
Members' other interests			(181,896)		(125,148)

			(1,410)		(13,184)

Page 1

Page 2

Swim Speci LLP

Balance Sheet (continued)

As At 31 March 2024

For the year ending 31 March 2024 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

N M Birkett

Designated Member

29/09/2025

The notes on page 3 form part of these financial statements.

1. General Information

Swim Speci LLP is a limited liability partnership, incorporated in England & Wales, registered number OC436265 . The Registered Office is 8 Church Close, Bradford, West Yorkshire, BD10 0FG.

The financial statements are prepared in sterling which is the functional currency of the LLP.

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).

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.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: NIL (2023: NIL)

4. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Bank loans and overdrafts	6	-
Other creditors	1,404	13,265

	1,410	13,265

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