Registration number: SC810761

Masters Swim Coach Ltd

Contents

Statement of Financial Position	1
Notes to the Unaudited Financial Statements	2 to 3

Masters Swim Coach Ltd

(Registration number: SC810761)
Statement of Financial Position as at 31 May 2025

	Note	2025 £
Current assets
Debtors	4	100
Capital and reserves
Called up share capital		100
Shareholders' funds		100

For the financial period ending 31 May 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The Director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 6 October 2025
 

......................................... Mrs Dawn Kissack Director

Masters Swim Coach Ltd

Notes to the Unaudited Financial Statements for the Period from 16 May 2024 to 31 May 2025

1	General information

The Company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
8B Castle Terrace
Broughty Ferry
Dundee
DD5 2EG
Scotland

These financial statements were authorised for issue by the director on 6 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Masters Swim Coach Ltd

Notes to the Unaudited Financial Statements for the Period from 16 May 2024 to 31 May 2025

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual agreement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
 

3	Staff numbers

The average number of persons employed by the Company (including the Director) during the period, was 0.

4

Debtors

Current	2025 £
Other debtors	100
	100