THEA
UASPORTS CROSS TRUST
ANNUAL REPORT AND ACCOUNTS
30th SEPTEMBER 2025
Company Registratlon Number
3745310
Charlty Reglstration Number
1075300

THE AQUASPORTS CROSS TRUST
CONTENTS
Page
Charity Information
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities (incorporating a summary income &
expenditure Accountl
Balance Sheet
Notes to the Accounts
10-14
PaEe 2

THE AQUASPORTS CROSS TRUST
CHARITY INFORMATION
for the year ended 30 September 2025
Directors and Trustee5
Mrs. S. AlbDn
Mrs. D. Baird
Ms. S. 8rooks
Mr5 S. Fanner
Mr. P Mason
Dr. D. Randell
Mrs. S. Robinson
Resigned: 12 lan. 2026
Resigned.. 12 Feb. 2026
Company Registration Number
3745310
Charity Regjstratlon Number
1075300
Registered Offi
2 St. Vincent Close
Crowland
Peterborough
PE6 OFD
Bankers
The Co-operative Bank
l Balloon Street
Manchester
M604EP
Page 3

THE AQUASPORTS CROSS TRUST
REPORT OF THE TRUSTEES
for the year ended 30, September 2025
The Trustees, who are also the Directors. present their report and the accounts of the Charity for the year
ended 30, September 2D25.
The accounts comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of
Association and AccoLJnting 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 IFRS 1021 (issued in Gttober 20191 and the Financial Reporting Standard applicable
in the UK and Republic of Ireland IFRS 1021.
Structure. Governance and Management
The Company was incorporated on 1°, April 1999 and is registered as a Company limited by guarantee
number 37453101. The Company is a150 2 registered charity (number 10753001. It is governed by its
Memorandum and Articles of Association.
Policy and operating decisions of the Charity rest with the directors who are also thè sole trustees. They are
elected in general meeting by the members where fourteen day5. notice must be given to the secretary for
proposals to elect new trustees. Prospective trustees would be expected to have specific management skill
and eKperience together with a keen interest in the work of the trust and COTnmitment to its Christ13n ethos.
Whilst anybody can prop05e 8 new trustee for the existing mernbers to consider, appropriate individuals are
generally approached when the existing trustee5 determine a need. The chair of trustees liaises with new
trustee5 to explain the role and the trust's expectation of a trustee in the context of this trust and also
provides guidance on sources of information settin8 Out the role of a charity trustee generally.
The trustees of the Charity who served during the year under review are as Stated on p8ge 3. All trustees
retire in accordance with the terms of the Memorandum of Agsociation and. if being eligible, offer themselves
for re*lection at the AGM; where two of the trustees retire and are reappointed followed by the remaining
trustees retiring and being reappointed.
The leadership, management and planning of the annua5 camp, which is the sole activity of the trust, is
delegated to an executive management team which also draws in the instructors of each sporting activity
together with other key team members as required. This group also oversees the risk review procéss that
assesses the risks facing the trust and establishes procedures designed to mitigate or reduce those risk5. The
management team, alongside the trustees, also ensure that all other legal and good practice proceduregare
In place. This management team is led and chaired by Greg and Andrea Ainsworth and the group reports to
the trustees who are represented at management meetings when it is felt appropriate. All member5 of the
team, including the trustees alld the management team, participate in a voluntary capacity.
The management team and their voltjnteers regularly assess the risks facing the trust. Detailed risk
assessments together with action to mitigate risk are prepared annually for all signifscant activities.
Additionally, the trust is fully committed to the sèfeguarding of young people and team member5 involved in
its èctivities,. training and policies are reviewed and updated annually.
Page4

THE AQUASPORTS CROSS TRUST
REPORT OF THE TRUSTEES (continued)
for the year ended 30 September 2025
Objectives and Activitles
The Charity's objects are to advance the Christian faith, to provide and promote the provision of recreational
and sptsrting facilitie5 for the benefit of the community and to relieve persons who are in conditlOn5 of need
or hardship. Thè principal artivity of the Charify gives opportunity to individuals to learn about and develop
a Christian faith,. as illustrated by practical examplè of the tearn and through biblical teaching and watersport
activities. All gf the activities of the Charity are carried out wholly by volunteers.
Public Benefft
The charity seeks to achieve its objectives outlined above by providing spiritual and moral education for
young people, raising awareness and understanding of the Christian faith, providing tuition and entouraging
the attainment of skills in the various water-sport activities at the carnp and by providing financial support
where necessary to applicants who are suffering financial hardship.
Gifts are a150 collected and distributed to those involved in projects which are consistent with thè objectives
of the trust.
The trustee5 have had regard to the Charity Commission'sgeneral guidance on public benefit when reviewing
Its aims and objectives and in planning future activitie5.
Achle¥ements and Performance
For the year under review, the Trust once again held its annual camp during August 2025, which was eight
days in duration, and took place in Marlow in Buckinghamshire. The Trust continues to achieve its aims
through the provision of sporting and recreational facilitie5 in order to advance the Christian faith.
The camp was well supptsrted by volunteers with ojemand for the camp in 2025 being of good nurnber. The
holiday was open to all in the age range thirteen to eighteen irrespettive of dènominational background
including those with no church connection. The camp was deemed to have been successful by the trustee5,
in that the objertives of theTrust were rnet through the wide ffinge of activities organised. Activities included
spiritual 2nd 5POrting se$5ions,' the latter provided bv team members,. each sport having qualified instructors.
Feedback indicated the camp was much appreciated and useful in developing the Christian faith and sporting
skills of rnany who attended.
The Trust, the Aqtsasports team, and the young people who attend Aquasports are incredlbly grateful to all
supporters who have given so generously to the charity over the year in support of the Aquasports Holiday.
rinanclal Revlew
The Statement of Financial Activities on page 9 indicates a small surplus for the year.
The Balance Sheet on pège 9 shows the total unrestricted funds of the charity as at 30, September 2025
were £75,101,12024- £75,7881-
The trustees hold a reserve of £20.000 and believe it is sufficient to cover annual expenditure in the case
where the annual camp had to be cancelled. If the reserve5 fall below this amount the trustees will seek
additional giving. The free reserves shown in these accounts are £46,170 50 are above this level.
PaBe 5

THE AQUASPORTS CROSS TRUST
REPORT OF THE TRUSTEES (continued)
for the year ended 30, September 2025
The trustees regularly asse55 the level of reserves they believe it is appropriate to retain by reference to the
expense5 that have to bè borne prior to completion of the annual camp and by reference to their assessment
of the capital expenditure which Is anticip2ted in the short to medium term. Significant gifts have been made
in recent years to purchase certain capital items of equipment. These will be depreciated over coming years.
Consequently, the trustee5 consider that this new level of reserves approximate to the funds required for
operational and depreciation purposes and consequently believe it is appropriate in the light of this
assessment to retain the reseryes at 30 September 2025 for these purposes.
The charity operates a bursary fund to assist young people to attend where financially they otherwise would
not be able to do so. Applications for financial assistance arè considered on it own merits after enquiries that
are deemed appropriate are made. A number of very kind supporters give regularly to this fund and the
Trustees are grateful to them for their support. The Trustees noted a higher request for bursaries than for
previous years and have sort to meet this need for fLJture years though increased giving.
The trust charEes a fee for attendance at its annual camp and whilst this enables it to cover its running costs,
investment in significant assets would not normally be possible. The trust is grateful to many longstanding
friends and supporter5 who regularly and generously provide financial support.
Future Plan5
A fLÉrther camp is being planned for 2026 and the trustee5 anticipate that there will be sufficient interest to
generate income to cover expenses in the coming year and also permit the purchase of any essential new
equipment. If there is a shortfall, the trLJStees consider the reserves to be sufficient to enable the trust to
remai n financially Sound. It is also perceived that the voluntary financial giving of it5 SUPPOrters in the
Christian commLJnity will be sufficient to provide adequate financial resources for the foreseeable fLJture.
Gener?Ily, there is no significant dependence upon any individual or corporation and gifts come from a broad
support base. Overthe financial yearthe Charity received regular gifts from è sympathetic Charity that wishes
to 511PPOrt young people in attending the holiday. Their generoLJS gifts have directly helped to bring the cost
of the holiday down to help more young people attend by helping to cover some of the costs of the holidav.
The key objective5 a5 Set out above are expected to continue to apply through()ut the coming year.
Approved by the trustees on Tuesday 14th April 2026 and signed on their behalf by
Dr. D. Randell
Trustee
Page 6

THE AQUASPORTS CROSS TRUST
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE AQUASPORTS CROSS TRUST
I report to the charity trustees on my examination of the accounts of the charitable company for the year
ended 30th September 2025 which cornprise the statement of finantial activities, the balance Sheet and
notes I to 11.
Respettive responslbllltles of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company lawl are responsible
for the preparation Of the accounts in accordance with the requirements of the Companies Act 20061'the
2006 Act'l. The trustees consider that an audit is not required for this year under Part 16 of the 2006 Act and
that an independent examination is needed.
Having satisfied myself that the charity is not subject to an audit under company law and is eligible for
independent eKamination, it 15 my responsibility to..
examine the accounts under settion 145 of the Charitie5 Art 2011 Ithe 2011 Actl.. and
follow the procedures laid down in the general Directions given by the Charity Commission under
section 14515llbl of the 2011 Act,.
Independent examlner's statement
I have completed my examination, I confirm that no m8tters have come to my attention in connection with
the examination giving me cause to believe that in any material respert=
accounting record5 were not kept in respect of th& company reqUI￿d by section 386 of the 2006 Act-
or
the accounts do not accord with those records,. or
the Bccounts do not comply with the accounting requirements of se¢tion 396 of the 2006 Act other
than any requirement that the accounts give a 'true and fair Vie￿ which is not a matter considered
as part of an independent examination., or
the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accountirTrg and reporting by charities applica ble to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021.
I have no concerns and have come acr055 no other matters in connection with the examination to which
attèntion should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Robert Anderson FC
Azets Audlt SeNlces,
3Mc Mlddlemarch Business Parll.
Siskin Drive,
Coventry•
CV3 4FJ
Page 7

(C Ui
r4 O
J w c

THE AQUASPORTS CROSS TRUST
BALANCE SHEET
as at 30, september 2025
Notes
2025
2024
FIXED ASSErs
Tangible fixed assets
28.931
35,198
CURRENT ASSEfs
Oebtors
Cash at bank and in hand
3,368
45.115
48,483
5.126
39,877
45,003
CURRENT LIABIL￿lES
Creditors.. amounts falling due within one year
1,236
1,461
Net Current Assets
47,247
43,542
ASSErs
76,178
78,740
FUNO BALANCES
Unre5trlcted Fund5
Restritted Funds
75,101
1,077
76,178
75,788
2.952
78,740
Registered number: 3745310
In approving these accounts as trustees of the charity we hereby confirm-
l. For the year ended 30, September 2025 the Company was entitled to exemption from audit under
Sertion 477 of the Q)mpanies Act 2006 relating to small companies. No members have required the
Company to obtain an audit of its accounts for the period in question in accordance with Section 476 of
the Companies Act 2006,. and
2. These accounts have been prepared in èccordance with the speci35 provisions of Part 15 of the
Companies Act 2006 relating to small companies-
3. The trustees acknowledge their responsibilitie5 for complying with the requirements of Section 386 of
the Companies Act 2006 with respect to keeping accounting records and for the preparation of accounts
which give a true and fair view of the State of affairs of the charity as at the end of the financial yèar and
of its gurplus or deficit for the year then ended in accordance with the reouirements of Section 393 and
which otherwise comply with the provision5 of the Companies Act relating to accounts, so far as
applicable to the charity.
Approved by the tru5tee5 On Tuesday 14, April 2026 and signed on their behalf by
Dr. D. Randell
Director
The notes I to 11. on pages 10 to 14, form an integral part of these accounts.
Page 9

THE AQUASPORTS CROSS TRUST
NOTES TO THE ACCOUNTS
30" September 2025
l. Accountlng Policies
The principal accounting policies adopted in the preparation of the accounts are a5 follows..
al Basis of preparatlon
These accounts have been prepared accordance with the Companies Act 2006 and follow the
recommendations in Accounting and Reporting by Charities.. Statement gf Recornwended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 (issued in October 20191 and the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021.
The charity has taken advantage of the provisions in the SORP for charitie5 not to prepare a Statement of
Cashflows and the financial statements are prepared in sterling and monetary amounts in the financial
statements are rounded to the nearest £.
The AquBsports Cross Trust rneets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or trangaction value unless otheNiise stated in the
relevant accounting policy note. The Trustees are of the view that the charity has no going concern issues
and have therefore prepared these accounts on the Eoing concern basis.
b)
Income
Income includes fees and gifts receivable in relation to the summer camp run by the Trust. Income also
includes donations to other organisations which pas5 through the accounts. Voluntary income is received
by way of donations and gift aid and is included in full in the Statement of Financial Activitie5 when received.
Provision is made for tax unclaimed at the period end.
Income generally is recognised when thè charity has entitlement to the funds, any performance conditions
attached ro the iricome have been met, it 15 probable that the income will be received and the amount can
be rneasured reliably.
Funds
Restricted funds are to be used forthe specified purposes laid down by the donor. Expenditure which meets
these criteria is Identified to the relevant fund. General funds are donations ènd other income received or
generated for the objècts of the charity without further specified purpose and are available as general
funds. Designated funds are unrestricted funds which have been allocated for future expenditure for a
specific purpose by the trustees.
dl
Flxed assets
Assets of a capital nature are shown a5 fixed 35sets. Depreciation of equipment is provided at various rate5
applicable to reduce book Values to estimated residual values over the us@fbl lives of the assets concerned
using the double dèclining balance Tnethod over the depreciation period, Imost items are depreciated over
three years). This is used to reflect the true value of a55ets.
Expenditure and Srrecoverable VAT
Charitable expenditure comprises all the expenditure directly relèted to the pursuance of the objects of the
charity. Governance and administration includes all costs in managing the charity.
Expenditure is recogni5ed in the accounts once a legal or construetive obligation arises to make a payment
to a third party, it is probable that settlement will be required a nd the amount of the obligation can be
measured reliably. The charitable company is not registèred for VAT and, 25 such, irrecoverable VAT is
included within the expense on which it was incurred.
Page 10

THE AQUASPORTS CROSS TRUST
NOTES TO THE ACCOUNTS {continuedl
30, September 2025
2. Charltable Expenditure
Unrestricted Resirltted
Funds
Funds
2025
2025
Total
Funds
2025
Total
Funds
2024
Equipment Hire
Eouipment Purchases
Financial costs
Food
General consumables
Gifts Made
Hire of site & site membership charges
Holiday running costs
Insurance
li￿nCe Fees & Sirnilar
Management and administration costs
Marketing
Other Trading Artivies
Provision of Bursaries
Sports costs
Storage Costs
Training payments
Depreciation
7,287
2,524
374
4,191
2,425
900
7,724
2.248
4.457
7,287
2,524
374
4,191
2,425
900
7,724
2,248
4,457
7,542
1,069
337
4,369
4,896
150
8,006
2,238
3.910
715
342
639
204
1,048
639
204
1,048
2,400
4,965
800
2,400
5,274
2,949
1,550
200
9,637
4,965
800
9,734
9,734
49,520
51,920
53,332
At present the annual camp is the only operational activity of the trust. All charitable expenditure in 2024
was unrestricted except for £1,769 from the bursaries fund.
3. Governance and admlnlstratlon of
the Charity
Unre5trlcted Fund5
General
Deslgnated
2025
2025
Restrlrted
Funds
2025
Total
Funds
2025
Total
Funds
2024
Insurance cost#
Independent Examinerfs fee
276
1,236
276
1,236
258
1,182
1,512
1,512
All governance and adrninistration expenditure in 2024 was unrestricted.
4. Staff costs and related party tran5artions
The charity relies upon volunteer staff and incurred no employment costs during the period.
Trustees are not rernunerated and do not receive funds from the Charity other than as reimbursement
for expenditure wholly and necessarily expended on behalf of the charity.
There were no related party transactions in the year.
Page 11

THE AQUASPORTS CROSS TRUST
NOTES TO THE ACCOUNTS (continued)
30, September 2025
5. Tangible fixed assets
Fixtures, fittings and equipment
Total
Cost
At I" October 2024
Additions durir*g the period
Disposals during the pèriod
At 30 September 2025
97,491
3,467
19,4081
91,550
Accumulated depreclatlon
At I" October 2024
Disposals during the period
Charge for the year
At 30, September 2025
62,293
19,408)
9.734
62,619
Net book value
At 30, Septernber 2025
28,931
At 30" September 2024
35,198
All of the above f ixed assets comprise of equipment or storage containers/cabins utilised in carrying out
the annual carllp. There were no outstsnding contracts for, or commitments to, capital expenditure at
30, September 2025.
6. Debtors
2025
2024
Gift Aid Tax Recovery
Sundry debtors
Prepayments
2,861
395
112
2,828
2,298
3,368
5,126
7. Creditors '. amount5 falllng due wlthin one year
2025
2024
Accruals
Sundry Creditors
1,236
1,182
279
1,236
1,461
Page 12

THE AQUASPORTS CROSS TRUST
NOTES TO THE ACCOUNTS (continued}
30, Sèptember 2025
8. Analy515 of Net Assets between Funds
Unrestricted Restrirted
Funds
Funds
Total
Funds
2025
Fixéd ￿setS
Current Assets
Current Liabilities
28.931
47,406
11.2361
28,931
48,483
11,2361
1,077
75,101
1,077
76,178
2024
Fixed Assets
Current Assets
CurreTrt Liabilities
35,198
42,051
11,4611
35,198
45,003
11,4611
2,952
75,788
2,952
78,740
9. Movement In Funds
Balance at
111012024
Income
Expenditure
Transfer
between
fijnds
Galns and Balance at
L055es
3010912025
2025
Restrltted Funds
Bursary Fund
2,952
525
12,400
1,077
Unrestricted Funds
General Fund
75,788
151,032
78,740
50,871
53,4321
76,178
Paze 13

THE AQUASPORTS CROSS TRUST
NOTES TO THE ACCOUNTS (continued)
30, September 2025
Movement In Funds
Icontinved)
Balance at
111012023
Income
Expenditure
Transfer
between
funds
Galns and Balance at
Losses
3010912024
2024
Restrirted Funds
Bursary Fund
1,706
6,520
15.2741
2,952
Unrestrirted Funds
General Fund
63,400
61,886
149,4981
75,788
65,106
68,406
154,7721
78,740
The bursary fund was established to provide financial assistance with the fee5 of campers and team
members who have not been able to meet the expected level of fees to attend the holiday camp. Siwilarly,
the rÈfugee bursary fund was set up for donations specifically marked for supporting teenagers who are
themselves refugees and to give them the opportunity to experience the holiday as outlined above in the
Public Benefit section of this report.
10. Charlty Actlvities
Income from charity Activities comprises of the booking fees paid by the Youth that attend the holidav
camp and volunteer fees Imonies considered as a benefit) paid by the tearn of volunteers.
11. Investments
Income from investments prirnarily come from interest received from bank accounts.
Page 14