CLEVELAND B
POOLS
ritain's oldest lido.
Bath's local pools.
Reopening Summer 2022
Bath's Ildo
SiNe 1815
CLEVELAND POOLS TRUST
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2021
Bath & North East
Somerset Council
herlt
LOTTERY FUNDED
CHARITY REG. NO. 1109433
COMPANY REG. NO 5354621

CLEVELAND
POOLS
ritain's oldest lido.
Bath's local pools.
Reopening Summer 2022
Bath's Ildo
Since 1815
ANNUAL REPORT AND FINANCIALSTATEMENT
FOR THE YEAR ENDED 5 APRIL 2021
CONTENTS
Pa
Trustees, Annual Report
Report of the Independent Examiner
Statement of financial attNitie5
io
Statement of flnanclal posltlon
li
Notes to the financial statements
12-23
The Cleveland Pools is the country's onlysuThiving Georgion lido.fitst opened in 1815, hidden away
in Both. on the banks of the RiverAvon. Once o welcome respitefrom the heot of the city in the
summer. Clevelund Pools w¢75 ofirmfovourite with l¢xols ond visitors alike until it c105ed in 1978.
The Cleveland Pools Trust (CPTJ is determined to bring these wonderful boths back to lift ogain - once
restored, B¢7th will be home to the UK sfirst noturally heoted outdoorswimming pool avoiloblefor
use oll yeor round.
CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621
I | Page

CLEVELAND B￿1#
POOLS
Bath's Ildo
SiNe 1815
Bath's local pools.
Reopening Summer 2022
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 5 APRIL 2021
The Trustees present thelr report togwher with flnancfial Matements for the year ended 5 Aprll 2021.
REF£RENCE AND ADMINisfRATIVE OETAILS
Dlredors and Trustees
Paul Simws (Chairl
Roger Houghton
Allce Siobhan Watson
Polly Rathbone Ward
Ann Duntop
Mary Stacey
Mlke Dawson
Ina Harrls
Leonora Stevens
Katherine Hodges
Dlrector and Trnstee changes durinithe period and up to the date of
$18nature of the finantial statements, were as follow5..
Polly Rathbone Ward was appointed on 29 November 2021,. Leonora
Stevens was appolnted on 19 October 2021; Katherine Hodges was
appointed on 19 May 2021.. ￿1(es1obhan Watson was appolnted on 9 April
2020.
Gareth Morley-Jone5 re5i8ned on S August 2021.. Jeffrey Hu8hes resl8ned
on 31 July 2020.
Adela Straughan was appointed on 19 May 2021 and resigned on 29
Novembef 2021. Jenny-Anne Dexter was appointed on 19 May 2021 and
resiBned on 18 August 2021- Catherine Adams wa5 appointed on 9 April
2020 and resi8ne(l on 31 luty 2020.
Katherine Hod8es is also known as ￿tty Dimbleby and Alice Siobhan Watson
Is also known as Allce Le Page.
Re8iStered Office
Percy Community Centre. New Klng Stree¢ Bath. BAI 2BN.
Website
www.clevelandpods.org.uk
Bankers
Lloyds Bank plc. Mi150m St. Bath.
CAF Bank Ltd. 25 Kings Hlll Avenue. Klngs Hlll. West Mallin& Kent. ME19 4JQ
CHARITY REG. NO. 1109433
COMPANY REG. NO 5354621

CLEVELAND Brit
POOLS
ain's oldest lido.
Bath's local pools.
Reopening Summer 2022
Bath's Ildo
Sln¢e 1815
TRUSTEES. ANNUAL REPORT cont6nued
FOR THE YEAR ENDED 5 APRIL 2021
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governln8 Docum•nt- the Trust Is a tharltable Company Ilmlted by guarantee, incorporated on 7 February 2005.
and registered a5 a charity on 11 May 2￿5. The affair5 of the ¢haritable company are 8ovemed by Its
Memorandum of Association whith e5tabli5hed the objects and powers of the charitable company and Is
8overned under It5 Articles of Assoclation. Members guarantee to tontilbute an amount not exceeding £10 to
the asset5 of the charitable company in thè Lbvènt of wlndin8 UP.
Dlrectors and Trustees - the Directors of the company are Its Trustees for the purpose of charity law and
throu8hout thls report afe collectively referred to as the Trustees. The membership of the Board of Trustees
durlng the year and at the year-end is listed above.
Rlsk Mana8ement Pdlty. as part of the applicatlon to the National Lottery Herttage Fund INIHFI. a detalled risk
register has been prepared detailing all ihe risks the project may face. systems and procedures are in pla￿ to
mltlgate those identified risks and minimise any potential impact on the chartty Should those risks materlallse.
The reglstei is updated monthly by the Trusvs Projert Mana8erand 15 lulty costed. The Trustees review it durln8
thelr regular monthly project board meetin8s. The risk register is Shared with the NIHF and discussed on a
quarterly basts.
Publlc Benefit- the Truslees have reviewed the Charity Commission's guidance on the ￿quirement to ieport on
public benefit. They are satisfied ihat the work of the Tntst. as described below. accords with its stated oblects,
and provide5 tangible public beneflt io an appropriate section of those who reside wlthln the Tmst's area of
benefit; they believe that the criteria used to assess those who may benefit are not unreasonably ￿strICtIve.
Goverftance- the Trustees recelveirainlng on an annual bas15concernlngthe dutles and responslbllltles Of bein
a Trustee and are briefed on any changes to the re8ulations and law concerning tharities.
CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621

CLEVELAND Brit
POOLS
ain's oldest lido.
Bath's local pools.
Reopening Summer 2022
Bath's Ildo
sI￿e 1815
TRUSTEES, ANNUAL REPORT continued
FOR THE YEAR ENDED 5 APRIL 2021
VISION AND AIMS
To preseTve for the beneflt of the people of Bath and the nation, the historical. architectural and constructional
heritage that may exist in and around Bath & North East Somefset in buildings linduding any structure or
erection. and any part of a building as $0 defined) of partitular beauty or historical. archrtettural or
¢onstrL¢Ctional interest wtth particular reference to the Georgian bathing pools known as the aeveland Pools.
ACHIEVEMENTS DURING THE YEAR
The Trust submitted a successful Stage l applKation to the National Lottery Herrt3ge Fund INLHFI fom)erly HLF.
in March 2018 which was followed with a Stsge 2 application which was successful in December 2018. This
en3bled the Trust to appoint three members of staff to manage the development and implementation of the
project on its behalf. The professional design team members were re-engaged and the pre-cTrmmencement
condilron5 to the Plannin8 Permission, includin8 a Construcuon Management Plan were determined in
consultation with the local planning authorrtv.
The projecvs capital programmefor the restoration and upgrading of the pools was tendered tothe construction
market and bona fide tenders were received under a two-stage procedure. Beard Constwction were appointed
to undertake the a￿e￿ works. The Trust obtained'pemiission to stsrf the projert from the NLHF prtorto the
outbreak ofthe Covid-19 pandemic and fortuitously held ba(*from si￿1￿￿ the construction contract with Beard
in March 2020. At that time, the tendered woths were at a value of £4.7M. The impact of the pandemic on the
construction industry is well documented and the consequential rise in costs due to a shortage of labour.
prolongation. practlcal restrirtions on construttion attivlty due to covid operntional precautions and shortages
and availa￿lIty of coftstrurtion materials in the supply chain.
CHARttY REG. NO. 1109433 COMPANY REG. NO 5354621
41Page

CLEVELAND Brit
POOLS
ain's oldest lido.
Bath's local pools.
Reopening Summer 2022
Bath's Ildo
Since 1815
TRUSTEES, ANNUAL REPORT continued
FOR THE YEAR ENDED 5 APRIL 2021
ACHIEVEMENTS DURING THE YEAR continued
Emer8enLry funding was provlded by the NLHF durfng ihe summer months of 2020 to retain staff. fund on8oln8
professional fees and pre-contract activities. By October 2020 it was clear that costs were escalatln8 Out of the
Trusvs control and that the projerf5 future was in doubt. At thrs time a full re-costin8 was prepared and
applications for additional funding submitted to the NLHF, Public Sector Decarbonisation S¢heme and Historie
England. As a result, projert Status was ralsed to one of natlonal prlorlty with the Lottery and in December 2020
the three principal funders offered o total of £1.7M in additional fvndin8 from the project provided that
¢¢nstructlon contract was entered Into by the 31" Marth 2021. At the same time a further grant of over £0.5M
was received from Sallx Flnance under the 8overnmÈnVs Publlc Sertor Decarbonization Fund to finance the
project's water source heat pump to heat the swimmlng pool water during the summer perlod from ienewable
sources.
In the period, the cost of the capital works has rtsen from £4.7M to £6.8M wlth other related rlses In Trust
overt)eads Iprolon8ation and extension of contracts of ernployment with the three members of staff, Insurances,
etc.) and de518n team and prole¢t maDaBement prolongation. The Trusfs fund-raising target to meet all project
costs through to 2024 remains a major challenge.
The work of delivering the Activity Plan thTouBh the voluntserinR pro8ramme has remalned fully active
throughout this ¢hallenging period intludin8 a community engagement programme of projects which continue
to be well received and sUPPOrted in the local community.These outputsand achievements have been nationally
recognized as of an outstandin8 nature.
The Trust greatly appreclate5 the dedlcated work of its staff and volunteers dur1￿ these unprecedented tomes
and are grateful and immensely proud for this commitment.
The Trustees remain immen5ely8rateful to the National Lottery Heritage Fund for makln8 the restoration of the
Pools posslble after many years of campaigning and in particular. for the additional support provided in the
financial year 202¢>2021 10 keep the prospea of a brief reopening the aeveland Pools in 2022. with a full
swlmming season in 2023. a reality.
CHARITY REG. NO. 1109433
COMPANY REG. NO 5354621
51 Page

CLEVELAND Britain's oldest lido.
POOLS
Bath's Ildo
Slnce 1815
Bath's local pools.
Reopening Summer 2022
TRUSTEES. ANNUAL REPORT contlnued
FOR THE YEAR ENDED 5 APRIL 2021
FINANCIAL REVIEW
OvepAew- In the year to 5 April 2021. Ihe Trust income stepped up to £739,787, compared to the prior yearfs
ncorne of £356,631. In the current year, this is predominately grant funding from the National Lottery Herltage
Fund £436,201 and £206.480 from Historic EnBland. Emer8encyCOVID-19 pandemicfundlngof £66.3¢)O. allowed
the Trust to continue to progress its objectives and achFeve tommencemenl of construction works in 2021.
Expendlture In the year to 5 Aprol 2021. Sncreased 10 £599.602. compared to £320.655 In the prlor year. Of the
spend in the year, £497,315 represents expenditure capitalised. In 2020. capltallsed expenditure was £273,781.
This 15 a chan8e In accountln8 treatment and reflects the Trusts reco8nitlon of the lon8-tem) value of the Pools
restoratlon spend as reported under hwlta8e assets. wlthln tan8ible fixed assets in the balance sheet.
The Trust is a150 re5tatin8 prior year reportin& to re￿IniSt and capitslise fvrther pools restoratlon spend of
£271,242 In 2020 and £17,187 in 2019.
Trust lund5 at the S Apfll 2021 was £1,013,88712020.' £376.3871, with major assets beln8 tanglble hxed assets..
£788,28312020.' £290,968) and Bank.. £317,31912020.. £114,361).
In the flnanclal year 2021122. the pools restoratlon programme Is pro8ressln8 Strongly, and completSon remains
on target for Summer 2022. Income and expenditure cost Projections through to completion of the Pools
restoration, show a fundraisin8 challen8e. Thi5 challen8e rs partfy mitl8ated by an approved loan from the
ArChIte￿Ural Herltage Fund of £250.0￿. which has not yet been drawn down and a commltment from NLHF to
fund the tlmlng dlfferences in expenditure and incorne cash flows
Prlnclpal Fundln8 Sources- Aside from the income generated though fundralslng actlvltles. the vast malority of
fundin8for theTrust comes by way of8rants from the National Lottery Heritage Fund. Hlstoric England. Kitkstart
Fund administered by Department of Culture. Media and Sport. Public Sector Decarbonlsatlon Scheme
administered by Bath & North East Somerset Councillsalix, and Bath & North Easl Somerset Council. The
continued support of these organisats.ons is Wide￿ appreciated by the entire team involved with the project.
Establishing Opportunities for a much wider range of fundln8sources for the f￿Ure remalns a key prlorlty.
CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621

CLEVELAND Brit
POOLS
ain's oldest lido.
Bath's local pools.
Reopening Summer 2022
Bath's Ildo
Slnce 1815
TRUSTEES, ANNUAL REPORT cofttinued
FOR THE YEAR ENDED 5 APRIL 2021
FINANCIAL REVIEW contlnued
Reserves Pollcy - The Trust has examined the requirements for reserves in light of the main risks lo the
organi5ation. It has establlshed a pollcy whereby the unrestricted funds not committed or invested by the Trust
should be made available for restricted expendliure. as and when requlred.
The Charlty reseryes as at 5 April 2021 totals £1,013,887, consisting of unrestlicted £767,407 and restrided
£246.480. Thls Is represented by tangible flxed assets £788,283, cash at bank £317,319, and debtors £21.039
less liabi1Stles of £112,754. At the year end. restrlcted net in¢ome of £381,813 wo5 reclassified and transferred
to unrestricted funds. This transfer IS predominately NLHF resirirted intome, used to lund £457,315 of
expendlture that was capltallsed In the year, and reported under heritage flxed assets In the balan¢e sheet as an
unrestricted asset. The additional £40,1Th of pools restoratlon spend capltalised and reported as resrricted
asset, represents lunding from St John's Foundalion.
RestrICt￿ reserves at S Aprll 2021 of E246.480 are.. Hlstorlc England £206,480 and Stjohn's Foundatlon £40.OCQ.
15 Aprll 2020.. Reserves totallin8 £376.387 consists ol restricted reserve5 bein8St john's Foundation £40,000 and
unrestrlrted reserves of £336,387.)
Based on budgeted activity expenditufe for 202V22. togwher with the opening ￿erveS. these are regarded as
sufficient to meet the working capital ￿qu1￿ments for ihe Trust and the Trustees are confident that they wlll
be able to contlnue current actlvities.
CURRENT STATUS
The onset of the covid-19 pandemiccaused a delay to the start of the project in March 2020. stsff were retalned
nd Thotfurloughed. They have continuedto work safelyfrom homeand have rè-ne8otiated thefunding packages
to enable the projed to proceed and to secure the successful outcome of thi5 lon8-term community effort.
Once the refurbishment of the Pools Is tomplÈted in 2022, it is the intention of the Trust to contract with a third
party to actually cyerate the Pools, under a mana8ement agreement. TheTrust has tommenced dlswsslons wlth
a number of organisations interested in becofflinB its operational partner. third party interest ts hi8h and
ne8otiatlons are proceeding In a positive framework. It is the Trusvs intention to announce its preferred
operatin8 partner in early spring 2022. The NLHF'S approval of these arrangements will be requlred.
CHARITY REG. NO. 1109433
COMPANY REG. NO 5354621

CLEVELAND Brit..
POOLS
Bath's lido
Since 1815
Bath's local pools.
Reopening Summer 2022
TRUSTEES, ANNUAL REPORT contlnued
FOR THE YEAR ENDED 5 APRIL 2021
CURRENT STATUS continued
The Trust intends to complete the refurbSshment p¥ogramme durlng 2022 with the th'rst full summer season of
operation being in 2023.
STATEMENT OF TRUSTEE RESPONSIBIUTIES
The Tru5tee5 Iwho are a150 Directors of Cleveland Poo15 Trust foi the purposes of company lawl are fèsponsible
for preparing the Trustees, Annual Report and the financial Statements in accordance with applicable law and
United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accountlng Practlcel.
Company law requires the Tru5tee5 to prepare finanoal statements for each financial year. which give a true and
fair view of the state of affairs of the charitable company and of the incoming resources and appllcatitsn of
resources, intluding the income and expenditure. of the charitable company for the year.
In prep3rin8these financial statements, theTru5tee5 are required to.. selectsuitableaccounting policies and then
èpply thern con515tently." observe the method5 and prirnciples in the Charities SORP.. make judgements and
estimates that are reasonable and prudent,. state whether applicable UK Accounting Standards have been
followed, subject to any material departures d￿cloSed and explained in the financial statements,. prepare the
financial statement5 on thegoing concern basis unles5 it¥s inappropriateto presume thatthecharitable company
will continue in operation.
The Trustees are responsible for keeping proper accounting records that disdose with reasonable accuracy *
any tlme the financlal posltion of the charitable company and enable them to ensure that the flnanclal
Statements comply with the Companies Act 2006. They are a150 responsible lor safeguarding the assets of the
charitable company and hen￿ for taking reasonable steps for the preventlon and detection of fraud and other
rregularlties.
SMALL COMPANY PROVISIONS
This report has been prepared in accordance with the special provision5 for small companies under Section
415a of the Companles Act 2006.
Approved by the Tru5tee5 on It January 2022 and sSgned on their behalf by..
Paul Simons Trustee (Chairl
CHARITY REG. NO. 1109433
COMPANY REG. NO 5354621

CLEVELAND Brit
POOLS
ain's oldest lido.
Bath's local pools.
Reopening Summer 2022
Bath's Ildo
Since 1815
INDEPENDENT EXAMINERS. REPORT TO
THE TRUSTEES OF THE CLEVELAND POOLS TRUST
I report tc¢ the chority Trustees on my exaMIna￿On of the a¢¢oun¢sof the Ctyhp•Ay forthe &e•rended 5 Aprll 2021.
R•spon51blllt4es and basls di¢p¢
As the charltvs Trustees of the Cornpany lar￿ also Its Dlrectors forthe purposesof companylawl you are respon$lbleforthe
preparatlon of the accounts In accordance wlth the requirerner￿ of the Companies Act 2¢X161'the 21XJ6 ACVI.
Havlnz sot15fled mysem tha* the •¢¢ounts of the Corn￿1￿ ère not ￿UIred to be audlted under Part 16 of the 2LI)6 Act Jno
re ell8lble for Independent examination. I report In respert of my ex•mlm•tlon of your ¢hariV5 ￿COUnt5 as c4rrSed out
under 5ectlon 145 of the Charllies Art 20111.the 2011 Arfl. In carrylng out my ex•mlfi•ison I have followed the Direttion5
glven by the Charlty Commlsslon under sectlon 145151 Ibl of the 2011 *t.
Ind•p•nd•nt •X4mlMrfsstst*iity
I connrm that i •m qu•llfted to undertake the ex•miN•¢￿￿ bec•u5•1 • rnernberol the I￿tItUte ol Chartered Accotsntsnts
Eryland and Wales, whlch15 one of the Ilsied bodles.
I have completed rny examSnatSon. l ¢onfimi th•t no ha¥e to my èttentlon In connethon with the eumlnatlon
slvlni rne cause to belleve..
l. accountlng records were Tr)t kept In resped of ihecompany as requlred by se(th)n 386 of the 2006 kt,. oi
2. the accountsdo not accord wlth those re(ord5' or
3. the accourt5 do not ¢omply the •ttowrtin¥ requlrementsof sectSon 39601 the 2W6 Actother than•ny requlrement
th4t ihe •c¢ounts th a'tn* and folr v*w whlth b not • rnattercon5k￿ as partol an Independentexamlnatlon,. or
4. the •¢¢ount5 have Th)t beeTr preyred in •ccordarKe wlth the metksds and prfnclples of tho Statement of Reeornmended
Practlce for a¢countlni and reportlng by charltles op￿1¢•￿1e to tharit￿ p¥eparin¥ their accounts in accord8nce with the
Fln•n¢ial Reportln8 Standard applicab￿ In the UK and Republk of IreLqnd IFRS 1021.
I haye no concerns ond h&vecomea(r0s5 noother mattersin ¢orrtbOn the exomiThotM to whKh attention should be
drawn In thls report ln order to e￿ble o properUnder5taThji￿ of 4c¢ounts to be re•¢hed.
T R C•se FCA BS¢
Institute of Chartered Accourtants In Ewknd and Wales
Case Accounting Ltd
2D Goodwood Way Cepen Park South Chippenham w1￿￿1re SN14 OSY
CHARITY REG. NO. 1109433 COMPANY REG. NO $354621

CLEVELAND Brit
POOLS
ain's oldest lido.
Bath's local pools.
Reopening Summer 2022
Bath's Ildo
SirK• 1815
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 2021
Restated
2020
2021
Unrestricted
Restricted
Totsl
Total
Income
Income and èndowments from:
Donations and legacies
Charitable a¢tivitie5
Other tradlng activities
Total Income
30.451
19,357
354
50,162
30,451
708,982
354
739.787
120,663
231,978
3,990
356,631
689.625
689,625
Ex
enditure
Expendltur• on:
Raislng funds
Charitable aCtI￿tieS
Other
Total empendlturq
Net IncomelleMpendllur•l
Transfers between funds
205
205
84,162
17,920
102,287
845
41,800
4,229
46.874
84,162
17.170
101,332
750
955
49,207
588,293
637.500
309,757
381.813
-381,813
Nei movem•nt In fvnds
431.020
206,480
637.500
309.757
Recon¢lll•tlon of funds:
Total funds brou8ht forward
336,387
a0,￿0
376.387
66,630
Total lund$ carrled lonvard
767.407
246.480
L013.887
376,387
The above rèsult5 rèlate wholty to continuing actiwties.. there were no reco8nlsed gains or lossès other than
those included above. The Statement of Financlal Activiknes also complies with the requirement io prepare an
Income and Expenditure account contained In the Companies Act 21J)6.
CHARITY REG. NO. 1109433
COMPANY REG. NO 5354621
10 | Page

CLEVELAND Br
POOLS
itain's oldest lido.
Bath's local pools.
Reopening Summer 2022
Bath's Ildo
Slnce 1815
STATEMENT OF FINANCIAL POSITION
AS AT 5 APRIL 2021
Rèstatèd
2020
2021
Unrestrirted
Restricted
Total
Total
Flx•d a$s•ts
Tangible flxed assets
Herlta8e assets
io
io
2.539
745,744
748.283
2.539
785,744
788,283
2,539
288,429
290,968
40,￿0
Currmt
Debtors
Cash ai bank and In hand
li
13
21.039
6.072
27,Jll
21.039
317.319
338.358
39.855
114,361
154,216
311.247
311,247
Credltors.. amounts fallingdue wlthin one
vear
Nèt current ass•tsllllabllltle51
Total assets less current Ilabllltbos
12
7,987
19.124
767,407
104,748
206.499
112.735
225.623
68,777
85,439
376,407
246,499
1,013.906
Credltors.. amounts fallin8 due after one
year
Total net assetsllllabllltlesl
12
19
19
20
767.407
246.480
L013,887
376,387
Funds of thè tharlty
Restricted income funds
Unrestrlcted hjnds
Total funds
246.480
246,480
767,407
1.013,887
328,429
47,958
376,387
767,407
767.407
246.480
For the year In questlon, the charttable company was entitled to exemption from an avdit under sertlon 477 of the
Companles Act 2CX)6.The members have not required the charitable cornpany to obtain an audit of Its accounts for the
year in question in atcordance with 5ertion 476 of the Act. The TrusteeslDirecWts acknowledge their responsibilities for
complying Wlth the requirements of the Companie5 Art 2￿6 wlth respect to a¢countln8 record5 and the preparation of
accounts.
These flnanclal statements were approved ￿ theTrustees on11 January 2022 and were signed on their behalf by..
Leonora Ste¥en$
Trustee Treasurer
CHARITY REG. NO. 1109433
COMPANY REG. NO 5354621
11 I Page

CLEVELAND Brit
POOLS
ain's oldest lido.
Bath's local pools.
Reopening Summer 2022
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2021
Bath's Ildo
Since 1815
The accompanyin8 accounti￿ policies and notes fom an integral part of these hnanc4al statements
I. BASIS OF PREPARATION
1.1 Ba￿3 of accountlnÉ
The flnantial statements have been prepared under the hlstorical ¢ost convention In accordance wilh the
Financial Reportlng Standard for Smaller Entities, the Companies Aet 2Crf)6. the Charities Act 2011 and the
requlrernents of the Statement of Recommended Prartice. Accounting and Reportlng by Charities ISORP
FRS1021. The charlty 15 a public entity as defined under FR5102. There ale no maierial Un￿rtaIntleS affectlng thè
ability of the charity to contlnueas a golng concern.
Incomlns resourc•s- all Incomlng resources are Induded In the statement of financial actlwtles when the Trust
Is entltled to the Income and the amount can be quantified wlth reasonable atturary. Voluntary income Is
recelved by way of donaiions and gifts and Is Induded In frjll in the ststement of financlal a¢tlvits'e5 when
receivable.
Resources exp•nd•d- Expendlture Is reco8nlsed when a liability Is incurred. Expendlture Includes anyVAT whlch
cannot be fully recovèred and 15 reported as part of the èxpenditure to which it relates.
Fund A¢¢ountln8 - Restricted Funds are held to be used for speclfied purposes, as indi¢ated by the donors.
General Funds a￿ uniestricted lunds whith are available for use at the di5uetion of the Trustees in furtherance
of the general oblectlves of the Trust.
Taxatlon - The Trust Is ? reglstered charity and as su¢h tax exemptlon applie5 to the Income arlslng from and
expended on charitable actlvilies and to its investment income and gains.
CHARtrY REG. NO. 1109433 COMPANY REG. NO 5354621
121 Page

CLEVELAND
POOLS
ritain's oldest lido.
Bath's local pools.
Reopening Summer 2022
Bath'3 Ildo
Since 1815
NOTES TO THE FINANCIAL STATEMENTS continued
FOR THE YEAR ENDED 5 APRIL 2021
2. ACCOUNTING POLICIES
2.1 Income
R•toBnltlon ol Incom•- Thèsè arè Includèd In the Statement of Financial Activitie$1SoFAI when,.
the charity becomes entitled to the resources..
It Is more likely than not that the Trustees wlll receive the resour¢es,'
the monetary value can be measured wlth sufflclent reliabilitv,
Offsèttln8- There has bèen no offsettlng of assets and Ilablllties, or Income and èxpenses, unless requlred or
perrnitted by the FRS 102 SORP or FRS 102.
Grants and donatlons- Grants and donations areonly included in thèSoFAwhen the8eneral income reco8nltlon
¢riierla are met15.10 to 5.12 FRS102 SORPI.
Legacl•s - Legacles are Included In the SOFA when receipt Is probable, that Is. when there has been grant of
probate, the executor5 have e5tabllshed that there are suffltientassets In the estateand any condltions atta¢hed
to the le8acy are elther wlthln the control of the charity or have been met.
GcwTnm•nt Brant5- The rharlty ha5 received governmeni grants In the reportln8 perlod.
Tax r•clalms on donatlons and 81fts- Glft Ald recelvable Is Included in income when there Is a valld declaratlon
from the donor. Any Gift Aid amount recovered on a donotion is considered to be part ol that gift and is treated
as an addition to the same fund as the initial donation unless the donoror the terms of the appeal have specifled
otherwlse.
Contractual Income and performance related grants This is only Included in the SOFA once the charity has
provided the related 8oods or services or met the performance related Conditions,
Donated 8oods- Donated goods are measured at falrvalue ItheamountforwhSch the asset could be exchan8edl
t¢nless Impractlcal to do so.
The cost of any stock of goods donated for dlstribution to beneficiarles Ss deemed to be the fair value of those
gifts at the time of their receipt and they are recognised on receipt. In the reportlng period in which the stocks
are dlstributed. they are rectsgnised as an expense at the tarrying amount of the 5to¢ks at distributlon.
CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621
13 | Page

CLEVELAND Brit
POOLS
ain's oldest lido.
Bath's local pools.
Reopening Summer 2022
8alh'5 Ildo
sin￿ 1815
NOTES TO THE FINANCIAL STATEMENTS contlnued
FOR THE YEAR ENDED 5 APRIL 2021
Donated ptsds contlnu•d
Donated goods for resale are measured at fair value on initial Tecog17itTron, which is the expected proceeds from
Sale less the expected tosts of sale and recognised in 'lncome from other trading artivities, with the
¢orre5pondln8 stock recognised in the balance sheet. On its sale the Wdlue of stock 15 charged against 'lneomè
from oiher tradin8 activltles, and the proceeds from sale are also reCo￿lSed as 'lncome from other tradln8
activibes,.
Goods donated for on-80in8 use by the charity are reco8nised as tanBlble flxed assets and Indvded In the SOFA
a5 incoming resources when recefvable.
Glfts In klnd for use by the charity are included in the SOFA as income from donatlons when receivable.
Donat•d s•rvk•s and l4¢Slltbes - Donated serv1￿5 and fa¢ilrties are induded in the SOFA as Income from
donations when recdved at the value of the glft to the charlty provided the value of the 81ft can be measured
reliably.
Donated servlces and facilities that are wisumed Immedlately are re￿gnIsed as income wlth an equlvalent
amount reco8nlsed as an expense under the appropriate headln8 in the SOF
Support costg- The charfty ha5 Inwrred expendlture on support costs.
Volunt••r hdp- The value of any voluniary help recefved Is not Induded in the accounts but Is des¢rfbed In the
Trustees. Annual Report.
Income from Intgr•st. ro¥altl•s. and dMd•nds- Thi5 15 included in the Kcounts when recelpt Is probable, and
the amount receivable can be measure reliawy.
Income from mernber5hlp 5ub5tt1ptlons - Membership subscriptions received in thè nature of a gift are
recognised in Donations and Legacies.
Membership sub5CriPtions which 8ives a member the rlght to buy sÈr¥itss or other benefits are reco8ni5ed a5
Ineome eamed from the provision of goods and services as income from charitsble actiwties.
SèttlÈmÈnt ol Insurance dalms - Insurance daims are only induded in the SOFA when the general income
recognltlon crlterla are met15.IOto 5.12 FR5102 SORPI and are induded as an item of other incorne in the SOFA.
CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621
141Page

CLEVELAND Britain's oldest lido.
POOLS
Bath's Ildo
Slnce 1815
Bath's local pools.
Reopening Summer 2022
NOTES TO THE FINANCIAL STATEMENTS contlnued
FOR THE YEAR ENDED 5 APRIL 2021
In￿Stm•nt ylnsand losses- Thls Indudes any realised or unrealised gains or losses on the sale of Investments
and any gain or loss resulting from revaluing Trnve5tments to market value at the end of the year.
2.2 Expendlture and Ilabllltles
Llablllty rÈtO8nltlon- Liabilits'es are recognised where It lsmore Ilkely than notihat thereisa le8al or constructlve
obllgation commlttlng the charity to pay out resources and the amount of the obllgaii¢)n can be measured with
reasonable certainty.
Gov•rnanc• and support Costs - Support costs have been allocated between 8overnance costs and other
support. Governance costs comprise all costs invdvinB publlc accountablllty of the charlty and its tompllan
with regulation and good practice.
Grjntswlth pertormancecondltl¢)ns- Supportcosts includetentral funrtions and havebeen allocated ttsactivity
cost cate8orie5 on a basis conslstent with the usè of ￿0￿rCeS. eg allocatsn8 property costs by floor areas, or per
capita, staff costs by the time spent and other costs by their usaBe.
Grants payabl• wIt1￿ul perforni•nc• condltlons - Where the Cha￿ty glves a grant wlth condltlons for its
payment bein8 a specific level of seNice or output to be provlded, such grants are only re¢o8nlsed In the SOFA
once the reclplent of the grant has provlded the specified service or output.
Redundan¢y Cost- The charlty made no redundancy payments durin8the reporting period.
D•l•rr•d Incom*- No material item of deferred income has been induded in the accounts.
Credltors- The charfty has creditots whith are measured at settlement amounts less any trade dis¢ounts.
Pr¢)vlslons for Ilabllltl•s . A liability is mea5LFred on reccenition at its historfcal cost and then sub5equenfjv
measured at the best estimate of the amount required to settle the obligation at the reporting date.
Basic financlal Instruments - The tharity accounts for baslc flnanclal Instruments on Inltlal recognition as per
paragraph 10.7 FR5102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19. FFL$102 SORP.2.3
CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621
15 | Page

CLEVELAND Brit
POOLS
ain's oldest lido.
Bath's local pools.
Reopening Summer 2022
Baih'5 Ildo
Since 1815
NOTES TO THE FINANCIAL STATEMENTS continued
FOR THE YEAR ENDED 5 APRIL 2021
T¥n8lble fimed assets for ￿ Iw charlty- These are capitalised if they can be used for more than one year and
cost at least £250.00. They are valued at cost less a¢cumulated depretiation. Depreciation is provided at rates
cal¢ulateil to wriie off the cost of the fixed assets. less thelr estimated residual value, over their expected useful
lives on the following basis..
Freehold land
Other land and burldin85
Plant machinery and motor vehicles
Flxtures, flttinos and equlpment
None
2% strai8ht line
3 years straight line
3 years 5trai8ht line
H•rltsg• ass•ts - The charity has herlta8e assets. that is, non-monetsry as5et5 with hisiorit. artistit. scièntsflc.
technolo8lcal, geophysical, or envlronmentsl qualities that are held and malntalned prlnclpally for thelr
contribution to knowlèdge and culture.
The charlty Is spendin8 5ubstantlally to renovate the Pools. $0 that the Pools can be used for operational
purp¢*ses. Thls Is with the intention to ¢ontrad with an external third party to operate the Poo15. under a
mana8ement agreement. This cost of renovation is capilalised and reported separately under a heritage assets
headin8 Wlthin tangible fixed assets. The costs capltalised are repair works to the poo15, pool buildin85 and
boundarles, professional costs including architerts. 5truttural. mechanical, and electrical en8ineers, quantity
surveyors, and the payroll tost of the projert mana8w employed by the tharity.
At present, all these assets are Currently under consiru¢tlon and future accounts wlll detail the depreciation
policies as they are determlned.
Investments - Fixed asset Investments in quoted shares. traded bonds and slmilar Investments are valued at
Initially at costand subsequently at fairvalue (their marketvaluel at theyear end. The 5ametreatment 15 applled
tts unlisted investments unless fair value tannot be measured reliably in whith case it is measured at cost le55
Impalrment.
Investments held for Te5ale or pendlng thelrsale and cash and cash equlwalents with a Maturity date of less than
I year are treated a5 current asset Investments.
Stocks and work In progr•ss- Stocks held fof sale a5 part of non-charltable trade a￿ measured at the Iovder or
cost or net realisablevalue.
Goods or Services provided as part of a tharitable activity Ore measured at net realisable value based on the
Serv1￿ potentlal provided by items of stixk.
Work In progress is valued at Cost less anyforeseeable loss that is likely to occur on the contrad.
CHARITY REG. NO. 1109433 COMPANY REG. NO 53546ZI
16 | Page

CLEVELAND Brit
POOLS
ain's oldest lido.
Bath's local pools.
Reopening Summer 2022
Bath's Ildo
Slnce 1815
NOTE5 TO THE FINANCIAL STATEMENTS contlnued
FOR THE YEAR ENDED 5 APRIL 2021
Debtors
Debtor5 lincludlng trade debtors and loans receivable) are measured tsn initial recognltlon at
settlement amount after any trade dlscounts or arnount advanced by the charity. Subsequently. they are
measured at the c35h or other conslderatlon expected to be recelved.
Current Asset Investments- The charity has Investments which it holds for resale or pendin8 their sale and cash
and cash equlvalents with a maturlty date less than oneyear. These include cash on deposit and Cash equivalents
wlth a maturity of 105$ than one year held for Investment purposes rather than to meet short-term cash
commitments as they fall due.
They are valued at fair value except where they quallfy as baslc firancial instrumenis.
CHARITY REG. NO. 1109433
COMPANY REG. NO 5354621
17 | Page

CLEVELAND Britain's oldest lido.
POOLS
Bath's Ildo
Sin(a 1815
Bath's local pools.
Reopening Summer 2022
NOTES TO THE FINANCIAL STATEMENTS continu
FOR THE YEAR ENDED 5 APRIL 2021
3. ANALYSIS OF INCOME
2021
2020
Unrestricted
Restricted
Total
Total
Oonatlons and kgaclès
Donatiofts and gifts
30.451
30,451
30.451
30,451
120.663
120,663
C￿rIta￿le artmtles
General grants provlded by
government/c*ther charities
19.357
19.357
689,625
689.625
708,982
708.982
231.978
231,978
Other trading actlvltl•s
Sale5 of merchandise, slte tours and talks.
354
3S4
354
354
3,990
3,990
Total Income
50,162
689.625
739.787
356,631
WITHIN THE INCOME ABOVE THE FOLLOWING ITEMS ARE MATERIAL:
Donatlons and l•gacl•s: The Roper Famlly CharIta￿e Trust £20.OfKI.12020.. Anonymous donation was recelved
for £lOO,000.I
Charitable activities.. National Lottery Heritage Fund INLHFI grant for £436.20112020.. £56,478), and Historlc
England grant for £206.480. used to fund costs Incur￿ on the pool restoration project. Emergency 8rantS
during COVID-19 lockdown period were £IO.Cts) from Bath & North East Somerset Council and £56,300 from the
National Lottery Herita8e Emergency Fund. These emergency fund5 were used to retsin staff. fund professlonal
fees and charity actiwts'e5, durin8 Summer 2020.12020.. 8ath & North East Somerset Council unrestrirted grant
for£175.500.1
CHARITY REG. NO. 1109433
COMPANY REG. NO 5354621
18 | Page

CLEVELAND Brila;...
POOLS
Bath's Ildo
Since 1815
Bath's local pools.
Reopening Summer 2022
NOTES TO THE FINANCIAL STATEMENTS continued
FOR THE YEAR ENDED 5 APRIL 2021
4. PRIOR YEAR RESTATEMENT
Expenditure on charitable activities have been Testated to exclude pools restoration spend of £271,242 in 2020
and £17,187 In 2019. These costs totalling £288.429 are now capitalised and reported under heritage assets,
within tangible fixèd assets in the balance sheet. Thls Is a change in accounting treatment and reflects the Trusts
recognition of the long-term value of the Pools restoration spend.
S. ANALYSIS OF EXPENDITURE
Restated
2020
2021
Unrestricted
Restricted
Total
Total
Expenditure on ralslnE funds
Other trading activities
205
205
205
205
84S
845
ExpendItU￿ on charltable artlvltle$
Pool restoration project
84,162
84,162
84.162
84,162
41.800
41,800
Other expendltu
Independent examlnatlon fee
Professional fees
750
750
17.170
17,920
660
3,569
4.229
17.170
17,170
750
Total expenditure
955
101.332
102.287
46.874
CHARITY REG. NO. 1109433
COMPANY REG. NO 5354621
19 | Page

CLEVELAND Britain's oldest lido.
POOLS
Bath's Ildo
si￿0 1815
Bath's local pools.
Reopening Summer 2022
NOTES TO THE FINANCIAL STATEMENTS continued
FOR THE YEAR ENDED 5 APRIL 2021
6. Transfers between fvnds
At the year end. restrlrted net Income of £381,813 was reclassified and transferred to unrestricted funds. Thls
transfer Is predominately NLHF restricted income. used to fund £457.315 01 expenditure that was capitallsed In
the year, and reported under herit4e fixed assets In the balance sheet as unrestrlcted asset.
After transferrln8 £381,813 from restrirted to unrestricted. this leaves a closin8 restrirted funds balanc• of
£246,480 beiTh8 £40.IJOO Irom St john's Foundation and £206,480 from Historic England.
7. DETAILS OF CERTAIN TYPES OF EXPENDITURE
Fees for ¢xamlnatlon of th• accoub)ts
2021
2020
Independent examlner fees
750
660
8. EMPLOYEES
Thelr a88re8ate remuneratlon comprlsed:
2021
2020
Salaries and wa8es
66.153
41,891
Soclal securlty costs
Penslon costs
1.412
1,198
934
1,703
Total stafl costs
68.763
44.528
9. AVERAGE NUMBER OF EMPLOYEES
During thèyear the average nurnberof ernployees was 312020= 31.
CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621
20 | Page

CLEVELAND
POOLS
ritain's oldest lido.
Bath's local pools.
Reopening Summer 2022
Bath's Ildo
51nce 1815
NOTES TO THE FINANCIAL STATEMENTS contlnued
FOR THE YEAR ENDED 5 APRIL 2021
10. TANGIBLE FIXED ASSETS
Ot￿r
land and
bulldin
Plant
mathlnery
Flxlures.
fittings and
equlpment
Total
Re5toratlon
In ProBresS
Cost
At 6 Aprll 2020
2.539
2.539
Addltlons.. Restated FY 5 Aprll 2019
17.187
17,187
Addltlons.. Restated FY S April 2020
At 6 Aprll 2020 IRestat•d)
Additions
271.242
271,242
290
288.429
497,315
497.315
Dlsposals
At 5 Aprll 2021
785.744
2.539
788,283
Depreclatlon
At 6 Aprll 2020
Dlsposals
Depreciation
At S Aprll 2021
Carryln8 amount
At 5 Apdl 2020 IRestst•d}
288,429
2.539
290.968
At 5 Aprll 2021
785.744
2.539
788.283
The above restatement of prior year expenditure is a change in accountinB treatment and renects the Trusts
recognltlon of the long-term value of the Poob restoration spend as reported under herita8e a$5ets.
CHARITY REG. NO. 1109433
COMPANY REG. NO $354621
211Page

CLEVELAND 8rf1aln's oldest Ildo.
POOLS
Bath's Ildo
si￿¢ 1815
Bath's local pools.
Reopening Summer 2022
NOTES TO THE FINANCIAL STATEMENTS contlnued
FOR THE YEAR ENDED 5 APRIL 2021
11. ANALYSIS OF DEBTORS
2021
2020
Prepayments
Other debtors
1,157
38.698
21,039
21.039
Total d•btors
39,855
12. CREDITORS AND ACCRUALS
Amounts fall1￿ d
wlthln one year
2021
2020
Amounts fallln8 due after
more than one year
2021
2020
Trade credltors
62.577
45,970
63,235
330
5,211
Accruals
Taxation and soclal securlty
Other creditors
19
20
Total trèdltors
112,735
19
20
13. CASH AT BANK AND IN HAND
2021
2020
Cash at bank and in hand
317.319
114.361
Total cash at bank and In hand
317.319
114,361
CHARttY REG. NO. 1109433
COMPANY REG. NO 5354621
221Page

CLEVELAND Brit
POOLS
ain's oldest lido.
Bath's local pools.
Reopening Summer 2022
Bath's Ildo
SlrKe 1815
NOTES TO THE FINANCIAL STATEMENTS continued
FOR THE YEAR ENDED 5 APRIL 2021
14. RELATED PARTY TRANSACTIONS
Durlng the year. the charity entered into transactions in the ordinary courseof business to the value 01 £14,150
12020.. £3.8501, in ￿sPert ol finanoal services from Inni Corporation Limlted, a company which Gareth Morlev-
Jones is a director.
There were no tradlng balances outstandin8 as at 5 April 2021, OT S April 2020.
CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621
231 Page