COLCHESTER PHOENIX AMATEUR SWIMMING CLUB
Charity number 1053511
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2021
COLCHESTER PHOENIX AMATEUR SWIMMING CLUB #
CONTENTS FOR THE YEAR ENDED 31 DECEMBER 2020
| Page | |
|---|---|
| Legal and Administration Information | 2 |
| Trustees' Annual Report | 3-4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Accounts | 7-10 |
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COLCHESTER PHOENIX AMATEUR SWIMMING CLUB
LEGAL AND ADMINISTRATION INFORMATION FOR THE YEAR ENDING 31 DECEMBER 2021
Registration Number: 1053511
Trustees:
Theresa Higgins Hywel Edwards Nicola Lacey Keith Holmes Pam Edwards Michelle Knight (appointed July 2021) Rachel Chapman-Roberts (appointed Dec 2021)
Registered Address:
70 Wimpole Road Colchester CO1 2DW
Independent Examiner :
Katie Vella 10 Creek View Cottages Maldon Road Great Wigborough Colchester Essex CO5 7SB
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TRUSTEES’ANNUAL REPORT FOR YEAR ENDING 31ST DECEMBER 2021
Structure Governance and Management
Colchester Pheonix Amateur Swimming Club is a charity with the Charity Commission governed by its constitution adopted on 24th February 1996. This has been revised by the trustees in May 2017 and March 2020.
Trustees:
Theresa Higgins Hywel Edwards Nicola Lacey Keith Holmes Pam Edwards Michelle Knight (appointed July 2021) Rachel Chapman-Roberts (appointed Dec 2021)
Organisational Structure
The trustees administer the charity. Meetings are being held by Zoom on a regular basis. The trustees have responsibility on all operational matter, including finance and swimming teachers/coaches.
Objectives and Activities
The object of the club shall be to provide an opportunity for people with physical or learning disabilities to enjoy swimming. This will be done by providing teaching, development of swimming, diving and other water-based activities for its members and where appropriate, to enable them to compete.
The club is committed to treating everyone equally within the context of its activity and with due respect to the difference of the individuals. It shall not apply or endorse unlawful discrimination and shall act in compliance with the protections afforded by the Equality Act 2010 and shall implement the Swim England Equality Policy: and shall provide the above objectives with an emphasis on providing them to members of the Charity with a disability.
Achievement and Performance.
Our activities were curtailed for a second year by the ongoing pandemic. Government restrictions meant that pools were closed for the first three months of the year.
When swimming resumed, we still had to follow Covid 19 protocols and even those became more relaxed during the year, the club kept many measures in place for the comfort and safety of the swimmers. Unfortunately, the relaxation of the protocols in the venue and other places has meant that many of our swimmers have been absent with Covid. This has also affected the teachers and coaches. There have been some positive achievements.
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TRUSTEES’ANNUAL REPORT FOR YEAR ENDING 31ST DECEMBER 2021
One of our swimmers, Mark Holmes was able to compete overseas and won several medals.
Holly Bocking has also taken part in some galas. All our swimmers were given the chance to compete in the club’s gala held in December. Many swimmers took part in a gala for the first time. Lots of personal best times were achieved.
The club has been able to secure a second hour for the teaching section. This has enabled the club to give trials and accept young people from the considerable waiting list.
In the pool volunteers have been returning to help individual swimmers. Luke, one of our regular volunteers have passed his level 2 teaching course.
The teachers and coaches have done a great deal of work in maintaining the activities for the swimmers despite the strange circumstances of the year. The club is grateful for the donations received during the year.
The donation of £1600 from swimmer Dougie Job was the result of the challenge of doing his own pentathlon. One of the challenges was to swim a mile. This challenge was taken up by teachers and committee members.
The club also received £1758.69 from Cash for Charities, this was run by the local newspaper, to help purchase communication aids for our non-verbal swimmers. The club retained its SwimMark accreditation.
Thanks goes to the committee for their continued support. Thanks goes to the Head Teacher, Tracy Cole and the Head Coach, Julie Jago together with the other teachers/coaches for their continuing work in helping the swimmers achieve their Goals.
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COLCHESTER PHOENIX AMATEUR SWIMMING CLUB
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
| Note | Total 2021 £ |
Total 2020 £ |
|
|---|---|---|---|
| Incoming Resources | |||
| Donations and Legacies | 2 | 1,666.80 | 132 |
| Income from charitable activities | 3 | 28,460 | 24,186 |
| Total Incoming Resources | 30,127.51 | 23,318 | |
| Resources expended | |||
| Charitable Activities | 4 | 40,294.56 | 32,386 |
| Total Resources Expended | 40,294.56 | 32,386 | |
| Net Income/(Expense) | (10,167) | (8,068) | |
| Transfers between funds | - | - | |
| As at 1 January 2021 | 48,597 | 56,665 | |
| As at 31 December 2021 | 38,431 | 48,597 |
The notes on page 7 - 10 form part of these financial statements.
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COLCHESTER PHOENIX AMATEUR SWIMMING CLUB
BALANCE SHEET AS AT 31 DECEMBER 2021
| Note | Total 2021 £ |
Total 2020 £ |
|
|---|---|---|---|
| Tangable Fixed Assets | 8 | ||
| Current Assets | |||
| Cash at bank and in hand | 41,691 | 48,597 | |
| 41,691 | 48,597 | ||
| Current Liabilities | |||
| Creditors due within one year | 5 | 3,260 | 282 |
| Total current Liabilities | 3,260 | 282 | |
| Net current assets | 38,431 | 48,597 | |
| Net assets | 38,431 | 48,597 | |
| Unrestricted funds | 38,431 | 48,597 | |
| Total funds | 38,431 | 48,597 |
These accounts have been approved by the Trustees on and signed on their behalf:
Signed:
Date:
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COLCHESTER PHOENIX AMATEUR SWIMMING CLUB
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021
1. Accounting Policies
Basis of the preparation of the accounts
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement on 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) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Cash flow statement
The directors have taken advantage of the exemption in Financial Reporting Standard 1 (revised) from including a cash flow statement in the financial statements on the grounds that the company is small.
Incoming resources
All material incoming resources have been included on a receivable basis i.e. they are included if the date receivable falls within the period covered by these accounts.
Resources expended
These have been analysed using a natural classification.
Accounting Period
These accounts are for a 12 month period to 31 December 2021.
Tangible fixed assets for use by the Association and depreciation
Tangible fixed assets for use by the Association are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 33% straight line basis
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COLCHESTER PHOENIX AMATEUR SWIMMING CLUB
NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2021
| 2.Donations and legacies | Total 2021 £ |
Total 2020 £ |
|
|---|---|---|---|
| Donations | 4,483 | 132 | |
| 4,483 | 132 | ||
| 3. Income from charitable events | Total 2021 £ |
Total 2020 £ |
|
| Swimming Fees | 23,222 | 14,088 | |
| Trip and events | - | 57 | |
| Grants | 1,667 | 5,000 | |
| Other | 755 | 5,041 | |
| 30,127 | 45,587 | ||
| 4. Direct Charitable Expenditure Coaching fees Pool hire Event costs Travel and subsistence Awards and trophies Membership fees and Insurance |
|||
| Total 2021 £ |
Total 2020 £ |
||
| 20,383 | 21,155 | ||
| 13,730 | 7,062 | ||
| 0 | 276 | ||
| 0 | 0 | ||
| 544 | 232 | ||
| 1,515 | 1,945 |
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COLCHESTER PHOENIX AMATEUR SWIMMING CLUB
NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2021
| COLCHESTER PHOENIX AMATEUR SWIMMING CLUB #REF! NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2021 |
COLCHESTER PHOENIX AMATEUR SWIMMING CLUB #REF! NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2021 |
COLCHESTER PHOENIX AMATEUR SWIMMING CLUB #REF! NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2021 |
COLCHESTER PHOENIX AMATEUR SWIMMING CLUB #REF! NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2021 |
|---|---|---|---|
| Equipment repair and replacement | 0 | 403 | |
| Training | 1,475 | 433 | |
| Trustees meetings | 0 | 75 | |
| Postage and stationery | 0 | 261 | |
| Computer expenses | 0 | 164 | |
| Sponsorships and donations | 0 | 0 | |
| Competition Entry fees | 0 | 98 | |
| Gifts and gratuities | 201 | 0 | |
| Administration costs | 409 | 0 | |
| Accountancy and professional | 247 | 282 | |
| 5.Creditors | Total 2021 £ |
Total 2020 £ |
|
| Accrual | 3,260 | 282 | |
| Trade Creditors | - | - | |
6. Going Concern
These accounts have been produced on a Going Concern basis.
7. Staff
No staff have been employed by Colchester Phoenix Amateur Swimming Club during the year ended 31st December 2021 (2020:0)
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COLCHESTER PHOENIX AMATEUR SWIMMING CLUB
NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2021
| 8. Tangible Fixed Assets | Computer Equipment |
Total | |
|---|---|---|---|
| Cost | |||
| As at 1 January 2021 | 470 | 470 | |
| Additions | - | - | |
| As at 31 December 2021 | 470 | 470 | |
| Depreciation | |||
| As at 1 December 2021 | 470 | 470 | |
| Charge for this year | - | - | |
| As at 31 December 2021 | 470 | 470 | |
| Net book values | |||
| As 31 December 2021 | - | - | |
| As 31 December 2020 | - | - | |
| - | - | ||
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