REGISTERED NUMBER: OC403055 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

BABY SWIMMING SOUTH BUCKS LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mrs T L Paterson

S Clark

REGISTERED OFFICE:

Unit 10

Bridgend Business Park

Bennett Street

Bridgend

Glamorgan

CF31 3SH

REGISTERED NUMBER:

OC403055 (England and Wales)

ACCOUNTANTS:

DAVID WRIGHT ACCOUNTANTS LIMITED

Unit 10

Bridgend Business Park

Bennett Street

Bridgend

Glamorgan

CF31 3SH

FIXED ASSETS

Intangible assets

4

6,990

10,860

Tangible assets

5

25,560

34,952

32,550

45,812

CURRENT ASSETS

Stocks

2,500

2,200

Debtors

6

107,302

839

Cash at bank

95,485

129,976

205,287

133,015

CREDITORS

Amounts falling due within one year

7

152,052

68,949

NET CURRENT ASSETS

53,235

64,066

TOTAL ASSETS LESS CURRENT LIABILITIES

85,785

109,878

CREDITORS

Amounts falling due after more than one year

8

32,604

44,112

NET ASSETS ATTRIBUTABLE TO MEMBERS

53,181

65,766

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

53,181

65,766

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

53,181

65,766

Amounts due from members

6

(106,270

)

-

(53,089

)

65,766

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 16 December 2025 and were signed by:

Mrs T L Paterson - Designated member

1.	STATUTORY INFORMATION

Baby Swimming South Bucks 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of Franchise areas in 2022 and 2023 , is being amortised evenly over it's estimated useful life of five years.

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.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 20% on cost

Stocks

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

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

19,350

AMORTISATION

At 1 April 2024

8,490

Charge for year

3,870

At 31 March 2025

12,360

NET BOOK VALUE

At 31 March 2025

6,990

At 31 March 2024

10,860

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

61,714

DEPRECIATION

At 1 April 2024

26,762

Charge for year

9,392

At 31 March 2025

36,154

NET BOOK VALUE

At 31 March 2025

25,560

At 31 March 2024

34,952

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Other debtors

107,302

839

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

6,000

6,000

Hire purchase contracts

5,508

4,579

Trade creditors

-

(1

)

Other creditors

140,544

58,371

152,052

68,949

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans

6,000

12,000

Hire purchase contracts

26,604

32,112

32,604

44,112

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Amounts due to members rank equally alongside the other unsecured creditors.