Company registration number: 2087504 Charity registration number: 1049536
Dartmouth Swimming Pool Company Limited (A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 December 2023
VLA WESTCOTTS CHARTERED ACCOUNTANTS & BUSINESS ADVISERS
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Dartmouth Swimming Pool Company Limited
Contents
Reference and Administrative Details 1
Trustees' Report 2to4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8 to 18
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Dartmouth Swimming Pool Company Limited
Reference and Administrative Details
Trustees D M Gent
H D Bastone
D Bond
S Smith
J D Hawkins
Secretary J Squires
Pool Manager J Squires
Charity Registration Number 1049536
Company Registration Number 2087504
The charity is incorporated in England and Wales.
Registered Office Milton Lane
Dartmouth
Devon
TQ6 9HW
Independent Examiner Westcotts (SW) LLP
Chartered Accountants
Petitor House
Nicholson Road
Torquay
Devon
TQ2 7TD
Page 1
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Dartmouth Swimming Pool Company Limited
Trustees’ Report (Incorporating the Directors’ Report)
The trustees, who are directors for the purposes of company law, present the annual report together
with the financial statements of the charitable company for the year ended 31 December 2023.
Objectives and activities
Objects and aims
The objective of the Charity as laid out in the governing document is the provision of a swimming pool
in the interest of social welfare with the object of improving the conditions of life for the residents and
visitors of Dartmouth and district.
Public benefit
Specifically, this is the operation of a public open-air swimming pool during the summer months to be
used by local schools, residents, and visitors to Dartmouth.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act
2011 to have due regard to the public benefit guidance published by the Charity Commission for
England and Wales.
Achievements and performance
The pool was operated during the summer months and was used by local schools and the general
public. A number of repairs and maintenance projects were carried out, which included a replacement
boiler, electrics, tiling, paving, and fencing.
Financial review
The charity has seen a significant decrease in pool receipts as compared with the prior year due to
adverse weather conditions. Government support grants have ceased (2022 : 13,439), but a large
grant of £36,000 was received to carry out an upgrade to the filtration system of the pool. The total
income was £91,039 (2022 : £130,930). The expenditure has increased, most notably for repairs and
maintenance at £27,170 (2022 : £14,456). Total expenditure was £88,154 (2022 : £80,569). This has
produced a surplus for the year of £2,885 (2022 : £50,361). At 31 December 2023 the total
unrestricted funds stood at £33,113 (2022 : £46,228) and the restricted fund at £36,000 (2022 :
£20,000).
Policy on reserves
The reserves are held for future pool repairs, capital replacement work and to ensure that there are
sufficient funds available to keep the pool running in those periods where income falls, due to bad
weather or other unforeseen circumstances. The total reserves at 31 December 2023 are £69,113
(2022 : £66,228).
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Dartmouth Swimming Pool Company Limited
Trustees’ Report (Incorporating the Directors’ Report)
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees: D M Gent
M R Rowley (resigned 17 May 2024)
H D Bastone
D Bond
S Smith
J D Hawkins
Secretary: J Squires
Pool Manager: J Squires
Structure, governance and management
Nature of governing document
The Charity was incorporated on 1 January 1987, and constituted as a limited company by guarantee
with a Memorandum and Articles of Association, as amended by special resolution dated on 28
November 1994.
Recruitment and appointment of trustees
The trustees are generally appointed via the council to ensure that the local community is represented
on the board.
Induction and training of trustees
Upon their first meeting, new trustees will be introduced to the board and their role and responsibilities
are explained. All of the trustees are asked to read the Charity Governance Code.
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Dartmouth Swimming Pool Company Limited
Trustees’ Report (Incorporating the Directors’ Report)
Statement of trustees’ responsibilities
The trustees (who are also the directors of Dartmouth Swimming Pool Company Limited for the
purposes of company law) are responsible for preparing the trustees' report and the financial
statements in accordance with applicable law and United Kingdom Accounting Standards (United
Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting
Standard applicable in the UK and Republic of Ireland". The report and accounts have been prepared
in accordance with the provisions in the Companies Act 2006 relating to small companies.
Company law requires the trustees to prepare financial statements for each financial year. Under
company law the trustees must not approve the financial statements unless they are satisfied that
they give a true and fair view of the state of affairs of the charitable company and of the incoming
resources and application of resources, including its income and expenditure, of the charitable
company for that period. In preparing these financial statements, the trustees are required to:
e select suitable accounting policies and apply them consistently;
¢ observe the methods and principles in the Charities SORP;
* make judgements and estimates that are reasonable and prudent;
¢ state whether applicable accounting standards, comprising FRS 102 have been followed, subject
to any material departures disclosed and explained in the financial statements; and
* prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure that
the financial statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial
information included on the charitable company's website. Legislation governing the preparation and
dissemination of financial statements may differ from legislation in other jurisdictions.
Small companies provision statement
This report has been prepared in accordance with the small companies regime under the Companies
Act 2006.
The annual report was approved by the trustees of the charity on 25 September 2024 and signed on
its behalf by:
SO beg en
Trustee
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Dartmouth Swimming Pool Company Limited
Independent Examiner's Report to the trustees of Dartmouth Swimming Pool
Company Limited (‘the Company’)
| report to the charity trustees on my examination of the accounts of the Company for the year ended
31 December 2023.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you
are responsible for the preparation of the accounts in accordance with the requirements of the
Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part
16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination
of your charity's accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’).
In carrying out my examination | have followed the Directions given by the Charity Commission under
section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
| have completed my examination. | confirm that no matters have come to my attention in connection
with the examination giving me cause to believe:
1. accounting records were not kept in respect of Dartmouth Swimming Pool Company Limited as
required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act
other than any requirement that the accounts give a ‘true and fair view which is not a matter
considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities [applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102)].
| have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Westcotts
Chartered Accountants
Petitor House
Nicholson Road
Torquay
Devon
TQ2 7TD
26 September 2024
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Dartmouth Swimming Pool Company Limited Statement of Financial Activities for the Year Ended 31 December 2023 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
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Unrestricted Restricted Total Total
funds funds 2023 2022
Note £ £ £ £
Income and Endowments from:
Donations and legacies 3 15,270 36,000 51,270 68,586
Other trading activities 4 39,540 - 39,540 62,317
Investment income 5 229 - 229 27
Total income 55,039 36,000 91,039 130,930
Expenditure on:
Raising funds 6 (50,099) - (50,099) (42,943)
Charitable activities 7 (38,055) - (38,055) (37,626)
Total expenditure (88,154) - (88,154) (80,569)
Net (expenditure)/income (33,115) 36,000 2,885 50,361
Transfers between funds 20,000 (20,000) - -
Net movement in funds (13,115) 16,000 2,885 50,361
Reconciliation of funds
Total funds brought forward 46,228 20,000 66,228 15,867
Total funds carried forward 17 33,113 36,000 69,113 66,228
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdown for 2022 is shown in note 17.
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The notes on pages 8 to 18 form an integral part of these financial statements. Page 6
Dartmouth Swimming Pool Company Limited (Registration number: 2087504) Balance Sheet as at 31 December 2023
Fixed assets Tangible assets Current assets Debtors Cash at bank and in hand
Creditors: Amounts falling due within one year Net current assets Net assets
Funds of the charity:
Restricted income funds Restricted funds
Unrestricted income funds Unrestricted funds
Total funds
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2023 2022
Note £ £
13 43,831 2,704
14 17,397 237
15 11,922 67,360
29,319 67,597
16 (4,037) (4,073)
25,282 63,524
69,113 66,228
36,000 20,000
33,113 46,228
17 69,113 66,228
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For the financial year ending 31 December 2023 the charity 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 charity 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. 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.
The financial statements on pages 6 to 18 were approved by the trustees, and authorised for issue on 25 September 2024 and signed on their behalf by:
- SO beg en Trustee
The notes on pages 8 to 18 form an integral part of these financial statements. Page 7
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Dartmouth Swimming Pool Company Limited
Notes to the Financial Statements for the Year Ended 31 December 2023
1 Charity status
The charity is limited by guarantee, incorporated in England and Wales, and consequently does not
have share capital. The trustees are liable to contribute an amount not exceeding £100 towards the
assets of the charity in the event of liquidation.
The address of its registered office is:
Milton Lane
Dartmouth
Devon
TQ6 S9HW
These financial statements were authorised for issue by the trustees on 25 September 2024.
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
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
Dartmouth Swimming Pool Company Limited meets the definition of a public benefit entity under FRS
102. Assets and liabilities are initially recognised at historical cost or transaction value unless
otherwise stated in the relevant accounting policy notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as
a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by
the charity.
Exemption from preparing a cash flow statement
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not
included a cash flow statement in these financial statements.
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Dartmouth Swimming Pool Company Limited
Notes to the Financial Statements for the Year Ended 31 December 2023
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and
assumptions that affect the amounts reported. These estimates and judgements are continually
reviewed and are based on experience and other factors, including expectations of future events that
are believed to be reasonable under the circumstances.
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely
equal the related actual outcome. The key assumptions and other sources of estimation uncertainty
that have a significant risk of causing a material adjustment to the carrying amounts of assets and
liabilities within the next financial year is depreciation.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income
will be received and the amount of the income receivable can be measured reliably.
Donations and legacies
Donations are recognised when the charity has been notified in writing of both the amount and
settlement date. In the event that a donation is subject to conditions that require a level of
performance by the charity before the charity is entitled to the funds, the income is deferred and not
recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly
within the control of the charity and it is probable that these conditions will be fulfilled in the reporting
period.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to
the grants have been met. Where performance conditions are attached to the grant and are yet to be
met, the income is recognised asa liability and included on the balance sheet as deferred income to
be released.
Donated services and facilities
The donated services provided by volunteers has not been included.
Other trading activities
Turnover is the amount derived from the provision of goods/services, and stated after trade discounts,
other sales taxes and net of VAT.
Investment income
Interest is included in the year in which it is receivable.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is
probable settlement is required and the amount can be measured reliably. All costs are allocated to
the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot
be directly attributed to particular headings they have been allocated on a basis consistent with the
use of resources.
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Dartmouth Swimming Pool Company Limited
Notes to the Financial Statements for the Year Ended 31 December 2023
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those
incurred in trading activities that raise funds.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities
and services for its beneficiaries. It includes both costs that can be allocated directly to such activities
and those costs of an indirect nature necessary to support them.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis
consistent with the use of resources.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory
requirements.
Government grants
Government grants are recognised based on the accrual model and are measured at the fair value of
the asset received or receivable. Grants are classified as relating either to revenue or to assets.
Grants relating to revenue are recognised in income over the period in which the related costs are
recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where
part of a grant relating to an asset is deferred, it is recognised as deferred income.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010
and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are
applied exclusively to charitable purposes.
Tangible fixed assets
Fixed assets are initially recorded at cost, less any subsequent accumulated depreciation and
subsequent accumulated impairment losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any
estimated residual value, over their expected useful economic life as follows:
Asset class Depreciation method and rate
Fixtures and fittings - general 25% reducing balance
Fixtures and fittings - heating equipment 10% straight line
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Dartmouth Swimming Pool Company Limited
Notes to the Financial Statements for the Year Ended 31 December 2023
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly
liquid investments that are readily convertible to a known amount of cash and are subject to an
insignificant risk of change in value.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in
furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the
use of which is restricted to that area or purpose.
Pensions and other post retirement obligations
The charity operates a defined contribution pension scheme which is a pension plan under which
fixed contributions are paid into a pension fund and the charity 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 in the Statement of Financial Activities
when they are due. If contribution payments exceed the contribution due for service, the excess is
recognised as a prepayment.
Financial instruments
Classification
Financial assets and financial liabilities are recognised when the charity becomes a party to the
contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in
the assets of the charity after deducting all of its liabilities.
Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction
costs), except for those financial assets classified as at fair value through profit or loss, which are
initially measured at fair value (which is normally the transaction price excluding transaction costs),
unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing
transaction, the financial asset or financial liability is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments
Debt instruments are subsequently measured at amortised cost.
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Dartmouth Swimming Pool Company Limited
Notes to the Financial Statements for the Year Ended 31 December 2023
3 Income from donations and legacies
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Unrestricted
funds Restricted Total
General funds 2023
£ £ £
Donations and legacies;
Donations from individuals 6,012 - 6,012
Grants, including capital grants;
Grants from other charities 9,258 36,000 45,258
15,270 36,000 51,270
Unrestricted
funds Restricted Total
General funds 2022
£ £ £
Donations and legacies;
Donations from individuals 19,475 20,000 39,475
Grants, including capital grants;
Government grants 13,439 - 13,439
Grants from other charities 15,672 - 15,672
48,586 20,000 68,586
4 Income from from other trading trading activities
Unrestricted
funds Total
General 2023
£ £
Trading income;
Sales of goods goods and services 38,240 38,240
Sponsorship income 1,300 1,300
39,540 39,540
Unrestricted
funds Total
General 2022
£ £
Trading income;
Sales of goods goods and services 58,367 58,367
Sponsorship income 3,950 3,950
62,317 62,317
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4 Income from from other trading trading activities
Trading income; Sales of goods goods and services Sponsorship income
Trading income; Sales of goods goods and services Sponsorship income
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Dartmouth Swimming Pool Company Limited
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Notes to the Financial Statements for the Year Ended 31 December 2023
5 Investment income
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Unrestricted
funds Total Total
General 2023 2022
£ £ £
Interest receivable and similar income;
Interest receivable on bank deposits 229 229 27
6 Expenditure on raising funds
a) Costs of generating donations and legacies
Unrestricted
funds Total
General 2023
£ £
Donations 2,406 2,406
b) Costs of trading activities
Unrestricted
funds Total Total
General 2023 2022
£ £ £
Expenditure 47,693 47,693 42,943
47,693 47,693 42,943
7 Expenditure on charitable activities
Unrestricted
funds Total Total
General 2023 2022
Note £ £ £
Staff costs 19,579 19,579 27,504
Allocated support costs 8 15,126 15,126 7,086
Governance costs 8 3,350 3,350 3,036
38,055 38,055 37,626
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Dartmouth Swimming Pool Company Limited
Notes to the Financial Statements for the Year Ended 31 December 2023
8 Analysis of governance and support costs
Charitable activities expenditure
Unrestricted funds Total Total General 2023 2022 £ £ £ Insurance 4,634 4,634 3,914 Travel expenses 228 228 389 Telephone 399 399 320 Other office costs 163 163 390 Legal fees 3,693 3,693 - Depreciation 5,321 5,321 902 Bank charges 675 675 1,146 Sundry expenses 13 13 25 15,126 15,126 7,086 Governance costs Unrestricted funds Total Total General 2023 2022 £ £ £ Independent examiner fees Examination of the financial statements 2,500 2,500 2,334 Other fees paid to examiners 850 850 702 3,350 3,350 3,036 9 Net incoming/outgoing resources Net incoming resources for the the year include: 2023 2022 £ £ Depreciation of fixed fixed assets ~~5,321 902~~
Insurance Travel expenses Telephone Other office costs Legal fees Depreciation Bank charges Sundry expenses
Governance costs
9 Net incoming/outgoing resources Net incoming resources for the the year include:
Depreciation of fixed fixed assets
10 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
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Dartmouth Swimming Pool Company Limited
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Notes to the Financial Statements for the Year Ended 31 December 2023
11 Staff costs
The aggregate payroll costs were as follows:
2023 2022 £ £ 19,579 27,410 - 94 19,579 27,504 year was was as follows: 2023 2022 No No ~~4 5~~
Staff costs during the year were: Wages and salaries Pension costs
The monthly average number of persons employed by the charity during the year was was as follows:
Lifeguards
No employee received emoluments of more than £60,000 during the year.
During the year there were three volunteers, the pool manager, and two dealing with the day-to-day maintenance, including administering the pool chemicals and maintaining the garden.
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Dartmouth Swimming Pool Company Limited
Notes to the Financial Statements for the Year Ended 31 December 2023
12 Taxation
The charity is a registered charity and is therefore exempt from taxation.
13 Tangible fixed assets
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Furniture
Land and and
buildings equipment Total
£ £ £
Cost
At 1 January 2023 70,559 5,268 75,827
Additions - 46,448 46,448
At 31 December 2023 70,559 51,716 122,275
Depreciation
At 1 January 2023 70,559 2,564 73,123
Charge for the year - 5,321 5,321
At 31 December 2023 70,559 7,885 78,444
Net book value
At 31 December 2023 - 43,831 43,831
At 31 December 2022 - 2,704 2,704
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Included within the net book value of land and buildings above is £Nil (2022 - ENil) in respect of freehold land and buildings and £Nil (2022 - £ENil) in respect of leaseholds. The tangible assets consist of the pool buildings, further works and equipment, however they are on land owned by Devon County Council. Should the land be returned to Devon County Council the assets would have no value, therefore, to showa true and fair view, the assets were written off in the 2001 accounts.
14 Debtors
Other debtors
15 Cash and cash equivalents
Cash at bank
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2023 2022
£ £
17,397 237
2023 2022
£ £
11,922 67,360
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Dartmouth Swimming Pool Company Limited Notes to the Financial Statements for the Year Ended 31 December 2023 16 Creditors: amounts falling due within one year 2023 £ Trade creditors 8 Accruals ~~4,029~~
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2023 2022
£ £
Trade creditors 8 1,025
Accruals 4,029 3,048
4,037 4,073
17 Funds
Balance at
Balance at 31
1 January Incoming Resources December
2023 resources expended Transfers 2023
£ £ £ £ £
Unrestricted funds
General
General Funds 46,228 55,039 (88,154) 20,000 33,113
Restricted funds
Restricted Funds 20,000 36,000 - (20,000) 36,000
Total funds 66,228 91,039 (88,154) - 69,113
Balance at 1 Balance at
January Incoming Resources 31 December
2022 resources expended 2022
£ £ £ £
General
General Funds 15,867 110,930 (80,569) 46,228
Restricted funds
Restricted Funds - 20,000 - 20,000
Total funds 15,867 130,930 (80,569) 66,228
The specific purposes for which the funds are to be applied are as follows:
The unrestricted funds are for general maintenance work during the months when the pool in closed
and for larger repairs when necessary. Also, to ensure that there are sufficient funds available to keep
the pool running in those periods where income falls, due to bad weather or other unforeseen
circumstances.
The restricted funds are held for the replacement and upgrade of the pool filtration system.
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Dartmouth Swimming Pool Company Limited
Notes to the Financial Statements for the Year Ended 31 December 2023
The transfer relates to the donation for the heating equipment which was purchased during the year, and is held for general purposes.
18 Analysis of net assets between funds
Tangible fixed assets Current assets Current liabilities
Total net assets
Tangible fixed assets Current assets Current liabilities
Total net assets
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Total funds
Unrestricted at 31
funds Restricted December
General funds 2023
£ £ £
37,150 6,681 43,831
- 29,319 29,319
(4,037) - (4,037)
33,113 36,000 69,113
Total funds
Unrestricted at 31
funds Restricted December
General funds 2022
£ £ £
2,704 - 2,704
47,597 20,000 67,597
(4,073) - (4,073)
46,228 20,000 66,228
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19 Related party transactions
There were no related party transactions in the year.
Page 18
Dartmouth Swimming Pool Company Limited
Statement of Financial Activities by fund for the Year Ended 31 December 2023
Unrestricted Funds
Income and Endowments from: Donations and legacies Other trading activities Investment income Total income Expenditure on: Raising funds Charitable activities Total expenditure Net (expenditure)/income Transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward
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Total Total
Unrestricted Unrestricted
Funds Funds
2023 2022
£ £
15,270 48,586
39,540 62,317
229 27
55,039 110,930
(50,099) (42,943)
(38,055) (37,626)
(88,154) (80,569)
(33,115) 30,361
20,000 -
(13,115) 30,361
46,228 15,867
33,113 46,228
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Dartmouth Swimming Pool Company Limited
Statement of Financial Activities by fund for the Year Ended 31 December 2023
Restricted Funds
Income and Endowments from: Donations and legacies
Total income
Expenditure on:
Net income Transfers between funds Net movement in funds Reconciliation of funds
Total funds brought forward Total funds carried forward
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Total Total
Restricted Restricted
Funds Funds
2023 2022
£ £
36,000 20,000
36,000 20,000
36,000 20,000
(20,000) -
16,000 20,000
20,000 -
36,000 20,000
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Dartmouth Swimming Pool Company Limited
Detailed Statement of Financial Activities for the Year Ended 31 December 2023
Income and Endowments from: Donations and legacies Other trading activities Investment income Total income Expenditure on: Raising funds Charitable activities Total expenditure Net income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward
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Total Total
2023 2022
£ £
51,270 68,586
39,540 62,317
229 27
91,039 130,930
(50,099) (42,943)
(38,055) (37,626)
(88,154) (80,569)
2,885 50,361
2,885 50,361
66,228 15,867
69,113 66,228
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Dartmouth Swimming Pool Company Limited
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Detailed Statement of Financial Activities for the Year Ended 31 December 2023
Donations and legacies General League of Friends Hadley Trust St Petrox UK Government grants General Dartmouth Town Council Dartmouth Town Council Fundraising events Other trading activities Sponsorship Pool receipts Food and drink Investment income Interest on cash deposits Raising funds Fundraising costs Purchases Pool chemicals and expenses Rates and water Light, heat and power Repairs and maintenance Staff training Cleaning Advertising
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Total Total
2023 2022
£ £
1,797 1,924
- 15,000
- 20,000
4,215 2,551
- 13,439
- 2,000
36,000 -
- 5,000
9,258 8,672
51,270 68,586
1,300 3,950
33,729 52,103
4,511 6,264
39,540 62,317
229 27
229 27
2,406 -
3,053 4,655
3,640 4,174
911 1,938
11,191 15,911
27,170 14,456
1,270 861
458 565
- 383
50,099 42,943
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This page does not form part of the statutory financial statements. Page 22
Dartmouth Swimming Pool Company Limited
Detailed Statement of Financial Activities for the Year Ended 31 December 2023
Charitable activities Wages and salaries Staff pensions Travelling costs Insurance Telephone Office expenses Sundry expenses Legal and professional fees Bank charges Depreciation of fixtures and fittings Independent examiner's fee Independent examiner's fee
Total Total 2023 2022 £ £ 19,579 27,410 - 94 228 389 4,634 3,914 399 320 163 390 13 25 3,693 - 675 1,146 5,321 902 2,500 2,334 850 702 38,055 37,626
This page does not form part of the statutory financial statements. Page 23