Registration number: 11660282

Freedog Swindon Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Freedog Swindon Limited

Company Information

Directors

T O Gape J A Griffiths

Registered office

40 Winterstoke Road Bristol BS3 2NW

Accountants

CBSL Accountants Limited Chartered Accountants Rowan House North 1 The Professional Quarter Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

Freedog Swindon Limited

(Registration number: 11660282)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	1,182,427	1,339,894
Current assets
Debtors	5	51,308	76,912
Cash at bank and in hand		59,290	27,205
		110,598	104,117
Creditors: Amounts falling due within one year	6	(124,003)	(617,295)
Net current liabilities		(13,405)	(513,178)
Total assets less current liabilities		1,169,022	826,716
Creditors: Amounts falling due after more than one year	6	(2,895,711)	(2,204,099)
Net liabilities		(1,726,689)	(1,377,383)
Capital and reserves
Called up share capital	7	120	120
Retained earnings		(1,726,809)	(1,377,503)
Shareholders' deficit		(1,726,689)	(1,377,383)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Freedog Swindon Limited

(Registration number: 11660282)
Balance Sheet as at 31 March 2025

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 15 May 2025 and signed on its behalf by:
 

T O Gape Director

Freedog Swindon Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
40 Winterstoke Road
Bristol
BS3 2NW

The principal place of business is:
Unit 30
Techno Trading Estate
Bramble Rd
Swindon
SN2 8HB

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.

Going concern

The financial statements have been prepared on a going concern basis which assumes the continued support of the parent company meeting all liabilities as they fall due.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Freedog Swindon Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Leasehold Improvements	15 years straight line
Plant and Machinery	5 - 10 years straight line

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 56 (2024 - 53).

Freedog Swindon Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Land and buildings £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2024	472,492	1,324,554	1,797,046
Additions	1,383	5,300	6,683
At 31 March 2025	473,875	1,329,854	1,803,729
Depreciation
At 1 April 2024	104,570	352,582	457,152
Charge for the year	31,507	132,643	164,150
At 31 March 2025	136,077	485,225	621,302
Carrying amount
At 31 March 2025	337,798	844,629	1,182,427
At 31 March 2024	367,922	971,972	1,339,894

Included within the net book value of land and buildings above is £337,798 (2024 - £367,922) in respect of long leasehold land and buildings.
 

Freedog Swindon Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5

Debtors

Current	2025 £	2024 £
Trade debtors	32,326	37,628
Prepayments	18,982	39,284
	51,308	76,912

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	30,000	30,000
Trade creditors		25,267	44,585
Taxation and social security		29,305	18,841
Accruals and deferred income		9,714	9,108
Other creditors		29,717	514,761
		124,003	617,295

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	7,500	426,911
Other non-current financial liabilities		2,888,211	1,777,188
		2,895,711	2,204,099

Freedog Swindon Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary A of £1 each	120	120	120	120

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	7,500	37,500
Other borrowings	-	389,411
	7,500	426,911

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	30,000	30,000

9	Related party transactions

As at the reporting date amounts due to the parent company totalled £2,888,211 (2024 - £1,777,188), which is included in creditors falling due after more than one year.

As at the reporting date amounts due to other related parties totalled £nil (2024 - £483,260) which is included in other creditors due in less than one year and £nil (2024 - £389,411) in borrowings falling due after more than one year..

10	Parent and ultimate parent undertaking

The company's immediate parent is Flashpoint Climbing Group Limited, incorporated in England & Wales.