REGISTERED COMPANY NUMBER: 05118683 (England and Wales) REGISTERED CHARITY NUMBER: 1105694 Report of th• Trustees and Unaudltod Flnanclal Stat•ments for the Year Endod 31 March 2025 SWIMSTART RCM Assoclates Llmlled Green Fam Bam The Green Rathmdl Settle North Yorkshi BD24 OJX
SWIMSTART Contents of the Financial Statements for the Year Ended 31 March 2025 Page Rof•renc• and Administrative Details Report of the Trustees Indopondent Examlmfs R•port Statement of Flnanclal Actlvltles Statement of Flnanclal Posltlon Noles to the Financial Ststements 7 to 11 Dètslled Statement of Flnanclal Adfvllle8 12
SWIMSTART Reference and Administrabve Details for the Year Ended 31 March 2025 TRUSTEES Ann Homer Diredor Katy van sullidrn Director Jamie Cunningham {app(ynted 5111124) COMPANY SECREfARY Zachary Day Con REGISTERED OFFICE 20 The Mallards Silsden Keighley West Yorkshire BD20 0r REGISTERED COMPA14Y NUMBER 05118683 (England and Wales) REGISTERED CHARrrY NUMBER 1105694 INDEPENDENT EXAMINER RCM Associates Limited Green Fam Bam The Green Rathm811 Settle Norlh Yorkshire BD24 OJX Page 1
SWIMSTART Report of the Trustees for the Year Ended 31 March 2025 The trustees who are also directors of the chanty for the PUTF4)ses of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 Mardi 2025. The trustees have adoptod the provisions of AccountÈng and Reporting by Charttses: Statement of Recommended Pradice applicable to charities preparing their accounts in a(J))rdan with the Financial Report'tng Standard applicable in the UK and Republic of Ir8land {FRS 102) (effective 1 January 2019). OBJECTIVES AND ACTivrriES Objectlves and Alms The objectNes and aims are to provide swimmiThJ lessons to children k)cated in the Silsden area. STRUCTURE. GOVERNANCE AND MANAGEMEKr Govemlng document The charity is controlled by its goveming dcxument. a deed of Irust, and (Thstitlrtes a limited company. limited by guarant80, as defined by tha Companies Act 2006. Approved by order of the board of tfUStee8 on 7 October 2025 and signed on tts behalf by. Zi& Zachary David Conway- S8cretsry Page 2
Independent Examinerfs Report to the TteeS of Swimstart Independent examlnerfs report to the trustees of Swimstart rthe Company.) report to the charity truskes on my examinai'on of the acc4JJnts of the Company for the year ended 31 March 2025. Responsibilities and basis of report As the chaiiV8 trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparats'on of the ants in accordance with the requirements of the Companies Act 2006 Cthe 2006 Acr). Having satisfied mysolf that the awxlnts of tho Compeny are not required to be audiled u1 PrfArt 16 of tne 2006 Act and are eligible for independent examination. I report in resfv of my examination of your charivs aGGounts as carried out under Section 145 of the Char7ties Act 2011 Cthe 2011 ACY). In carryirYJ out my examination I have followed the Diredtons given by the Charty Commission under Section 145(5) {b) of the 2011 Act. Independent axaminerfs statsm•nt I have completed my examination. I confirm that no matters have c¢xne to rny attention in conneclion with the examination giving me cause to believe: accounttng records were not kept in ressxct of the Company as Uired by Section 386 of the 2006 Act; or the accounts do not ac(x)rd with those reccyds: or the accounts do not comply wth the accountiry requirements of Seclion 396 of the 2006 Act other than any requirement that the accounts give a true and fair view whith is not a matter considered as part of an ITKlependent examination" or the accounts have not been prepared in accordance with ihe methods and princip18s of the Statemant of Recommended Practice for accounts'ng and reporting by charities (applicable to chatities preparing their accounts in accor(lanc* with the Financial ReFQrting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concems and have come across no other matters in connection with Ihg examination to which attention Shwld be drawn In this report in order to enable a proper urKlerstanding of the accounts to be reached. Richard Christopher Mcco RCM Associates Limited Green Farm Bam The Green Rathmell Setue North Yorkshire BD24 OJX 7 October 2025 Page 3
SWIIASTART Staiement of Financial Aclivitses for the Year Ended 31 March 2025 2025 unStrICted fund 2024 Total funds Notes INCOME AND ENDOMIEKfs FROM Donations and legacies 9.276 6,028 Charitable actlvltles Swimming Lessons 150,860 155.252 Investment income 1.631 1,825 161.767 163,105 EXPENDITURE ON Charftabl• actlvltla8 Swimrnin9 Lessons 184,945 161,766 NET INCOMEI(EXPENDITURE) 123,178) 1.339 RECONCILIATION OF FUNDS Total funds brought forward 127,858 126,519 TOTAL FUNDS CARRIED FORWARD 104,680 127.858 The notes form part of these financial statements Page 4
SWIMSTART Statement of Financial Posltlon 31 March 2025 2025 Unrestricted fund 2024 Total funds Notes FIXED ASSErs Tangible assets 41216 49,457 CURRENT ASSErs StOL"k5 Debtors Cash at bank 450 180 82,319 2.253 65,065 67.768 82,949 CREDITORS Amounts falling due within one year (4,304) (4,548) NEf CURRENT ASSETS 63A64 78,401 TOTAL ASSEfs LESS CURREKr LIABILITIES 104,680 127,858 NET ASSErs 104,680 127.858 FUNDS Unrestricted funds 10 104.680 127,858 TOTAL FUNDS 104,680 127.858 The charitable company is enlitl&J to exernpllon from audrt undor Section 477 of the Companies Act 2006 for the year ended 31 March 2025. The members have not required the company to obtain an aLKlit of its financial statements for the year ended 31 March 2025 in accordance with SectK)n 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensurtng thal the charrtable company keeps a(Ounti1v records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true arKI frdir view of the state of affairs of the charitsble )mpany as at the end of 9ath finanual year arKI of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and lvhith otheiSe comply with the requirements of the Companies Act 2(Th r8latiryJ lo financial ststem8nts. so far as applicable to the charitable company. (b) The notes fonn part of Ihese financial statements Page 5 continued...
SWIMSTART stat of Financlal Posltson - contlnued 31 March 2025 These financial statements hav8 been prepared in accordan wilh the provisions applicable to charitable Gompanies subject to the small companies regime. The financial statements were approvad by the Board of Trustees and aulhorised for issu8 on 7 Octob8r 2025 and werg sjgned on ts behalf by: Annie Homer- Trustee Katy van Suilithem - Trustee Jamie Cunningham- Trustee The rk*es form part of these financial statements Page 6
SWIMSTART Notes to the Flnancial Statsments for the Year Ended 31 March 2025 AccouKfiNG POLICIES Basis of preparing the financial statemants The financial statements of the charitable company. which Is a public benefit entity under FRS 102. have been prepared in accordan with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Pracbce applicable to charities preparing their accounts in accordan with the Financial Reporting StarKlard applicable in the UK and Republic of Ireland (FRS 102) (effecb'v8 1 January 2019),. Financial ReFxYting StsrKlard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Companies Ad 2006. The financial statements have been ppared under the histori<1 cost convention. Income All income is recognised in the Slatem8nt of Financial Activities ¢xce the charity has entitlement to the funds. It Is probable that the iTrne win be 1Ved and the amount can be measured rellabty. Expendlture Liabilities are rec(x3nised as oxpendlture as soon as there is a legal or constructiv8 obligati committing th8 charity to that expenditure. it is probable that a transfer of economic beneffts will b6 required in setdem8nt and the amount of the obligathjn can b8 measured reliably. Expenditure Is accounted for on an accnjals basis and has been dassffied under headings that aggregate all cost related to category. Where costs cannot be directy attributed to partIlar headings they have b88n allocated to activities on a basis consistent with the use of resources. Tanglble fixod a880ts Depreciation is provKJed at the following annual rates in order to write off each asset over ts estimated useful life. Improvements to property Plant and mathinery on cost 209A on reducing balance Stocks Stocks ar8 valued at the INer d Ix)st and net realisable value, after making due allowance for obsolete and slow moving items. Taxatlon The ch81ity is exempt from corporalion tax on ils charitable activities. Fund accountlng Unrestricted funds can be used in acwrdarlce with the charitsble objectives at Ihe discretion of the tFUStees. Restricted funds can only be used for particular reslncted purposes within the objects of the charity. RestrictiCS arise when speufied by the donor or when funds are raised for particular reslricted purposes. Further explanatson of natu and purpose of each fund is induded in the notes to the financial statements. Penslon costs and other post4etlrenftt ben•fits The charitable company operates a defined contributKX7 penston stheme. Gontrit>utDns payable to the charitable compantys pensb)n scheme are charged to the Statement of Financial AdivrtFes in the period to which they late. Page 7 ntinued...
SWIMSTART Notes to the Flnancial Statements - continued for the Year Ended 31 March 2025 INVESTMENT INCOME 2025 2024 Bank interest recerved 1.631 1.825 NET INCOMEI(EXPENDrruRE) Net incomel{expenditure) is stated after dwging1(creditirvJ): 2025 2024 Depreciation - ownod assets 8,241 8,475 TRUSTEES. REMUNERATION AND BENEFrrs There wer& rK> trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees. •ynses There were no trustees. expens8s paid for the year erKled 31 Marth 2025 rK)r for the y8ar 9ndod 31 March 2024. STAFF COSTS The average monthly number of employees during the year was as folk)bVS". 2025 Total 2024 20 No employees received emduments in excess of £60,000. TANGIBLE FIXED ASSETS Improvements to Plant and propety machin8ry Totals COST At 1 April 2024 and 31 Marth 2025 73,067 7,297 80,364 DEPRECIATION At 1 April 2024 Charge lor year 28.280 7.307 2,627 934 30.907 8,241 At 31 March 2025 35,587 3,561 39,148 NET BOOK VALUE At 31 March 2025 37,480 3,736 41,216 At 31 March 2024 44,787 4,670 49,457 Page 8 continued...
smSTAFr Not•s to the Financial Statements - Continued for the Year Ended 31 March 2025 STOCKS 2025 2024 Stocks 450 450 DEBTORS: AMOUNTS FALLING DUE MTHIN ONE YEAR 2025 2024 Trade debtors 2.253 CREDITORS: AMOUNTS FALLING DUE 1N ONE YEAR 2025 2024 Payments on acUnt Trade creditors Social securty and other laxes Accrued expenses 972 865 1,267 1,200 548 1,403 1,397 1,200 4,548 10. MOVEMENT IN FUNDS Net rnovement in funds At 3113125 At 114124 Unrestrlcted funds General fund 127.858 (23,178) 104.680 TOTAL FUNDS 127.858 (23,178) 104.680 Net movement in furmls, induded in Ihe above are as folkMS'. Incoming resour Resources expended Movement in funds Unrestrlct8d funds General fund 161,767 (184,9451 (23,178) TOTAL FUNDS 161.767 (184.945> (23,178) Page 9 continued...
SWIMSTAirr Notes to the Flnancial Statements - continued for the Year Ended 31 March 2025 10. MOVEMENT IN FUNDS - continued Comparativos for movement in funds Net movement in funds At 3113124 At 114123 Unrestrlctod funds General fund 126,519 1,339 127,858 TOTAL FUNDS 126,519 1.339 127,858 Comparative net movement in funds. induded in the ab)ve are as follows: Incoming Resources expended Movement In funds Unr•8trlcted funds General fund 163.105. (161,766) 1,339 TOTAL FUNDS 163,105 (161,766) 1.339 A current year 12 months arKI prior year 12 months combined position is as fcrflows: Net movement In funds Al 3113125 At 114123 Unrestricted fvnds General fund 126.519 (21,839) 104,680 TOTAL FUNDS 126,519 {21,839) 104,680 A current year 12 months and prior year 12 months rrnbIned net movement in funds, induded in the above s as follows". Ino)ming Resources resource5 expended Movement in funds Unrostrlcted funds General fund 324.872 (346.711) (21.839) TOTAL FUNDS 324,872 (346,711) (21,839) Page 10 continued...
SWIMSTART Notss to the Flnancial Ststements - continued for the Year Ended 31 March 2025 11. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2025. Page11
SWIMSTAirr Detsiled Statsment of Financial Activities for the Year Ended 31 March 2025 2025 2024 INCOME AND ENDOWMENTS Donalions and legacles Donations and gifts 9,276 6.028 Investment Income Bank interest received 1,631 1,825 Charitable activities Swimming lessons 150,860 155,252 Total Incomlng rn3ources 161,767 163,105 EXPENDITURE Charilable activities Salaries and wages Pensions Rates and water Insurance Light and heat T818phone Office and stationery Repairs and maintenan Cost of goods sold Training and subscripth)ns General expenses Depreciation of improvements to property Depreciation of t4ant and machinery 111.786 4,481 5,740 1,382 12.378 102,870 4,029 3,415 985 12.027 1,753 10.447 6,283 5,866 2,091 2,446 7,307 1,167 9,187 20.944 5.211 2,071 944 7,307 934 183,805 160,686 Support Costs Govomance costs Accountancy fees 1,140 1,080 Totsl resources expended 184,945 161.766 Net (expendlture)lincome 123.178) 1,339 This page does not fonn part ofthe statutory financial statements Page 12