Havefun Swimming LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC401579 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

HAVEFUN SWIMMING LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

J Bairstow

Mrs C Bairstow

REGISTERED OFFICE:

58

Cowslip Crescent

Thatcham

Berkshire

RG18 4BZ

REGISTERED NUMBER:

OC401579 (England and Wales)

ACCOUNTANTS:

DAVID WRIGHT ACCOUNTANTS LIMITED

Unit 10

Bridgend Business Park

Bennett Street

Bridgend

Glamorgan

CF31 3SH

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

-

34,578

-

34,578

CURRENT ASSETS

Stocks

-

11,411

Debtors

6

9,338

15,372

Cash at bank

700

61,013

10,038

87,796

CREDITORS

Amounts falling due within one year

7

10,038

97,714

NET CURRENT LIABILITIES

-

(9,918

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

-

24,660

CREDITORS

Amounts falling due after more than one year

8

-

24,116

NET ASSETS ATTRIBUTABLE TO MEMBERS

-

544

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

-

544

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

-

544

Amounts due from members

6

(5,648

)

(15,372

)

(5,648

)

(14,828

)

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 31 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 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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 14 December 2025 and were signed by:

Mrs C Bairstow - Designated member

1.	STATUTORY INFORMATION

Havefun Swimming 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on cost, 20% on reducing balance and not provided

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 14 (2024 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

6,247

Disposals

(6,247

)

At 31 March 2025

-

AMORTISATION

At 1 April 2024

6,247

Eliminated on disposal

(6,247

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

40,776

Disposals

(40,776

)

At 31 March 2025

-

DEPRECIATION

At 1 April 2024

6,198

Charge for year

8,552

Eliminated on disposal

(14,750

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

34,578

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2024

37,873

Disposals

(37,873

)

At 31 March 2025

-

DEPRECIATION

At 1 April 2024

4,734

Charge for year

8,285

Eliminated on disposal

(13,019

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

33,139

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Other debtors

9,338

15,372

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Hire purchase contracts

-

3,826

Trade creditors

1

Taxation and social security

10,037

7,950

Other creditors

-

85,937

10,038

97,714

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

Hire purchase contracts

-

24,116

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

31/3/25

31/3/24

£

Amounts owed to members in respect of profits

-

544

Falling due within one year

-

544

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