REGISTERED NUMBER: OC443931 (England and Wales)

REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

AQUA AIMS LEE CHAPEL LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

B Fowler

Mrs C C Broomfield

REGISTERED OFFICE:

162-164 High Street

Rayleigh

Essex

SS6 7BS

REGISTERED NUMBER:

OC443931 (England and Wales)

ACCOUNTANTS:

ESW Chartered Accountants

162-164 High Street

Rayleigh

Essex

SS6 7BS

The members present their report with the financial statements of the LLP for the year ended 31st March 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of personal swimming tuition.

DESIGNATED MEMBERS

The designated members during the year under review were:

B Fowler

Mrs C C Broomfield

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £102,355 (2024 - £98,102 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

B Fowler - Designated member

7th August 2025

TURNOVER

330,999

310,798

Cost of sales

(183,970

)

(166,979

)

GROSS PROFIT

147,029

143,819

Administrative expenses

(44,674

)

(45,717

)

OPERATING PROFIT and

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

102,355

98,102

FIXED ASSETS

Tangible assets

5

1,190

-

CURRENT ASSETS

Debtors

6

27,720

41,040

Cash at bank

188,147

147,120

215,867

188,160

CREDITORS

Amounts falling due within one year

7

(78,490

)

(88,768

)

NET CURRENT ASSETS

137,377

99,392

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

138,567

99,392

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

138,567

99,392

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

138,567

99,392

The LLP is 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 for the year ended 31st March 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements 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 financial statements, so far as applicable to the LLP.

The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 7th August 2025 and were signed by:

Mrs C C Broomfield - Designated member

B Fowler - Designated member

1.	STATUTORY INFORMATION

Aqua Aims Lee Chapel LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - 2 ).

4.	OPERATING PROFIT

The operating profit is stated after charging:

2025

2024

£

£

Depreciation - owned assets

586

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

1,776

At 31st March 2025

1,776

DEPRECIATION

Charge for year

586

At 31st March 2025

586

NET BOOK VALUE

At 31st March 2025

1,190

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

27,720

41,040

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

-

284

Other creditors

78,490

88,484

78,490

88,768

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Amounts owed to members in respect of profits

138,567

99,392

Falling due within one year

138,567

99,392

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up.

There is no provision for specific legally enforceable protection afforded to creditors in such an event.

There are no restrictions or limitations on the ability of the members to reduce the amount of ‘Members’ other interests'.

9.	RELATED PARTY DISCLOSURES

Other creditors includes a balance due from Aqua Aims Limited, being a company under common control. The amount outstanding at the balance sheet date amounted to £2,118 (2024 : £3,166).

Other debtors includes a balance due from Aqua Aims Rayleigh Limited, being a company under common control. The amount outstanding at the balance sheet date amounted to £360 (2024 : £Nil).