REGISTERED NUMBER: OC403707 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

DONCASTER & SOUTH HUMBERSIDE SWIM

SCHOOL LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

N Codd

A Codd

REGISTERED OFFICE:

5 Field Reeves Walk

Epworth

Doncaster

South Yorkshire

DN9 1GU

REGISTERED NUMBER:

OC403707 (England and Wales)

ACCOUNTANTS:

d&t

Chartered Accountants

Swatton Barn

Badbury

Swindon

Wiltshire

SN4 0EU

FIXED ASSETS

Intangible assets

4

5,068

8,858

Tangible assets

5

549

215

5,617

9,073

CURRENT ASSETS

Stocks

900

325

Debtors

6

6,679

2,692

Cash at bank

87,178

68,831

94,757

71,848

CREDITORS

Amounts falling due within one year

7

72,721

32,476

NET CURRENT ASSETS

22,036

39,372

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

27,653

48,445

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

27,653

48,445

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

27,653

48,445

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 2018.

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 of Part 15 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 small LLPs.

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 on 30 July 2018 and were signed by:

N Codd - Designated member

1.	STATUTORY INFORMATION

Doncaster & South Humberside Swim School 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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 a business in 2015, is being amortised evenly over its 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

-

25% on reducing balance and 25% straight line basis

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 5 (2017 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2017

and 31 March 2018

13,390

AMORTISATION

At 1 April 2017

4,532

Charge for year

3,790

At 31 March 2018

8,322

NET BOOK VALUE

At 31 March 2018

5,068

At 31 March 2017

8,858

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

281

Additions

484

At 31 March 2018

765

DEPRECIATION

At 1 April 2017

66

Charge for year

150

At 31 March 2018

216

NET BOOK VALUE

At 31 March 2018

549

At 31 March 2017

215

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

533

-

Other debtors

6,146

2,692

6,679

2,692

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Taxation and social security

309

38

Other creditors

72,412

32,438

72,721

32,476

8.	LEASING AGREEMENTS

At 31st March 2018, the company had total commitments under non-cancellable operating leases over

the remaining life of those leases of £273 (2017: £3,543)

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

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