REGISTERED NUMBER: 06162955 (England and Wales)

Snowdome Swim & Fitness Limited

Financial Statements

for the Year Ended 30 September 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

T C Carter

Miss I A C Chadbourne

J S Smith

REGISTERED OFFICE:

Leisure Island

River Drive

Tamworth

Staffordshire

B79 7ND

REGISTERED NUMBER:

06162955 (England and Wales)

AUDITORS:

TC Group

Statutory Auditor

Sterling House

97 Lichfield Street

Tamworth

Staffordshire

B79 7QF

FIXED ASSETS

Tangible assets

4

758,898

162,512

CURRENT ASSETS

Stocks

5,479

5,161

Debtors

5

60,016

3,854,545

65,495

3,859,706

CREDITORS

Amounts falling due within one year

6

587,086

3,341,306

NET CURRENT (LIABILITIES)/ASSETS

(521,591

)

518,400

TOTAL ASSETS LESS CURRENT LIABILITIES

237,307

680,912

PROVISIONS FOR LIABILITIES

79,701

22,093

NET ASSETS

157,606

658,819

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

157,605

658,818

SHAREHOLDERS' FUNDS

157,606

658,819

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 April 2026 and were signed on its behalf by:

J S Smith - Director

1.	STATUTORY INFORMATION

Snowdome Swim & Fitness Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis which assumes that the company will continue to operate for the foreseeable future. Forecasts and cash flow projections indicate the company has sufficient reserves to continue to trade for a period of no less than 12 months from the date of signing these accounts.The directors believe that careful cashflow considerations is sufficient upon which to adopt the going concern basis.

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgement, estimates and assumptions about carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Useful economic lives of tangible fixed assets

The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are assessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets.

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:

- the Company has passed the significant risks and rewards of ownership to the buyer;

- the amount of turnover can be measured reliably;

- it is probable that the Company will receive the consideration due under the transaction; and

- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided. Income relating to bookings and membership received in advance of the provision of the service is deferred and recognised in the period in which the service is provided.

Miscellaneous income

Income received in relation to local authority subsidies is recognised per annual contractual agreement invoiced quarterly in arrears.

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, which ever is the shorter.

Plant and machinery - 10% straight line

Fixtures and fittings - 20% straight line

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 38 (2024 - 40 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2024

2,014,242

Additions

690,716

Disposals

(196,050

)

At 30 September 2025

2,508,908

DEPRECIATION

At 1 October 2024

1,851,730

Charge for year

69,823

Eliminated on disposal

(171,543

)

At 30 September 2025

1,750,010

NET BOOK VALUE

At 30 September 2025

758,898

At 30 September 2024

162,512

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

-

3,766,758

Other debtors

60,016

87,787

60,016

3,854,545

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

1

3,205,067

Taxation and social security

63,192

22,688

Other creditors

523,893

113,551

587,086

3,341,306

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Stephen Butler BA FCA (Senior Statutory Auditor)

for and on behalf of TC Group

9.	CONTINGENT LIABILITIES

The company is party to a cross guarantee relating to the group's bank borrowings with HSBC. At 30 September 2025, net bank borrowings relating to this guarantee are £5,469,151 (2024: £5,984,658).

The company is a member of a group VAT registration. As at 30 September 2025, the VAT liability due by the group was £163,093 (2024: £230,357).

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11.	POST BALANCE SHEET EVENTS

Shortly after the year-end, a reorganisation plan was implemented to streamline and simplify the wider Group’s trading structure.

As a precursor to this, at the year-end, certain intercompany balances were reassigned to the ultimate parent company, Snowdome Incorporated Limited, and a dividend was declared to facilitate the implementation of the reorganisation.

Following the year-end, intercompany loan balances with the exiting intermediate holding companies were formally waived. These entities subsequently undertook a capital reduction and initiated the process to be struck off.

12.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Snowdome Group Limited, a company incorporated in England and Wales.

The smallest and largest group in which the results of the company are consolidated is that headed by Snowdome Incorporated Limited, incorporated in England and Wales.

The consolidated financial statements of the ultimate parent undertaking are available from Leisure Island, River Drive, Tamworth, Staffordshire, B79 7ND or from Companies House.