REGISTERED COIKPANY lYtJMBER: (15292627 IEnglY4nd Wales) REGISTERED CHARrrY NUMBER: 1113869 REPORT OF THE TRUSTEES AND NA IDITED ANC ST ' R THE YEAR ENDED 30 NOVEMBER 2024 FOR CHIPPING NORTON LIDO LIMITED V M MuTphy & Co Finsbury Howe, New StreeL Chipping Norto Oxfordshire OX7 5LL
HP]N NORTON Lll)O LIMITED CONTF,Trrrs OF THE FIN..iNCIAL STATETs roR THE I. DED30N BEII 20?4 Report the Tntee$ I to 6 jndependent Examiner's Report Statement of Financial A¢lfvfitl&q Balance Sheet 9 to 10 Flotes to the Financial Ststements 11 trj 15 Detslled Statsment of Flnan¢ial AelivitieJ 16
CHIPPING NORT N L]DO LIMrfED li REPORT OF THE ES HE YEAR ETr4DED 30 NOVEMBER 2024 The trustees who are also directors of the charity for the purposes of the Compani¢s Act 2006, Present their report with the financial statements of the charity for the year eDd 30 November 2024. The trnstees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities Preping their ac¢owits in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTtVES AND ACTIVITIES Objectiv¢s and aetivities Tbe n]ain objectives of th¢ Charitable company are to promote for the beDefit of the ijthabitants of Chipping Norton and the suttounding villages the provision of a Lido (open air heated swimming pool and recreational aa) for their interest and social welfare. The objective of the charitable company is promoting health to the public at large through access to healthy recreation and Srts education, and of improving the condition of lif¢ of said inhabitants. Page I
CHIPPING NORTON LIDO LIMITED REPORT OF THE TE FOR TIIE YEAR ENDED .30 NOVEI¥IBER 2024 OBJECTIVES AND ACTIVITIES A¢hievements And performance We were delighted to welcome a new trustee to our committee. Kirsty Garrett brings many years, professional experi¢n¢e in the fmancial sector, as well as vital new fundraising skills. 2024 16,647 452 4,176 1.213 2023 16,672 487 4,179 1.030 2022 17,714 663 5.297 1,016 2021 16,868 311 4,669 1,165 2020 * 6,549 81 2,113 2019 14,114 243 5,248 498 2018 19,449 343 7,167 859 2017 13,597 150 4,978 763 Total swims Free toddlers Children Over 65's Overs 60s (free or subsidised session) A1VItieS 368 353 367 726 215 530 217 923 470 402 * Note that the 2020 season was restiicted to an 8 week window. We delivered a successful two-week series of intensive 5winuning lessons, taught by Jess Miles with Bex Wood. We introduced Pilates classes on the lawn with a new instrnctor, Alice Becker, extending our dryside offering and Complementing our existing Tai Chi and yoga classes. We also continued our partnership with Wittering SUP offering regular Stand Up Paddleboard yoga classes which continued to be extremely popular. Working with Access First Aid, we hosted two NPLQ trdining course and recruited several new lifeguards. Access First Aid also provided all our ongoing lrfeguard training. We collaborafrd with The Theatre Chipping Norton for a third consecutive yvdr to deliver the Holiday Activities and Food programme (HAF). We provided two separnte day5 of activities comprising a Young Persons, Swim Day and a Family IntelOll Day. On the swim day we offered all the young people on the IW progratnme a chance to enjoy The Lido, witb healthy snacks and a bot luncl supervised pool play sessions led by a swim teachers and Lido pool assistsnts, craft and puppety work and 8 chance to be involved in food preparation through the traditional 'build your own jelly Lido, challenge. On ttLe family integrntion day families joined the young peopl¢ to enjoy The Lido on an afternoon swi session, ending with a BBQ with salad baT aDd ice cream colles. Our aim was both to allow all young swinuners into the water without parents or carers, in order to develop their water skills and confidenc¢ in a safe space. and then to bring in their families alld encourage adults and siblings to join them safely in the water. OtI]er events included the Solstice evening swim & barbecue, the launch of the Lido Guide and our annual Dog Swim. The café was open for the full season under the management of Alan Howard. Maintenance & refurbishment After u very successful trial loan, we took the dlsiOn to invest in a stretcli tent in order to provide additional shelter not only for swim customers. but also to ensure the viability of dryside classes irrespective of the weather conditions. The tent extends the appeal of The Lido for events and as a private hire venue. Over the ¢our8e of the 2023124 winter, we refurbished the office alld fwst aid room. A new domestic hot water boiler was installed and the coping stones around th¢ pool were relaid. Green Infitigthres OUT original solar PV panels continued to help otTset the pool's high energy costs. Feed in Tariff income earned by that aY generated £3,582 in additional, unrestricted income. Page 2
cpP NORTON LIDO LIMtTED REPORT or THE TRU.8TEES FOR THE YEAR II NDED 30 N0.EIBER 2024 OBJECTIVES AIYD ACTivrrIES Our application to the Sport England Swimming Pool Support Fund Phas¢ 2 was successful alld we We awarded £87.000 for additional energy generation equipment, specifically solar PV and air source heating. We split our project into two stages and in early 2024 we installed a new solar PV array on the café roof. During the auttunn Liz Cooke undertook research into the air source beating options available to us in preparation for installation in spring 2025. The now outdated groulld source heat pump wa8 decommissioned to create much needed space in the plant roorn. Page 3
CHIPPTNG NORTON LtDO LIMITED TRUSTEES No YEAR ENDED 3 FANCIAL REVIEW Finaneial review Trading figures Trading incotne for the pool was £135,467, up from £124.931 the previous year. tn tem]s of expenditure. overall pool rum]ing costs fell slightly, from £174,540 in 2023 to £172,946. As a result the trading deficit for the pool fell, thanks to the increase in the overall number of swims. along with lower energy costs and reduced expenditure on maintenance and repairs. The café operation generated a suluS of £2.710 wbich, along with income from fundraising and grants, is used to help cover our trading deficit. Grants, fundrydising and sponsorshlp Chipping Norton Town Council remained the only source of public fimding for core Gosts with a grant of £5,IK() very gratefully received as pth of a three-year fimding commitrnent from its Grants to Voluntary Bodies resources. Funding for work with disadvantaged families came via the HAF progratnme (£980). The Lido Lottery rdised £2,430 after costs, while individual small donations amounted to £1,932. Several lottery winners very kindly donated their winnings back to the pool. We also held several pool-based fidraIsillg events such as tb¢ Summer Solstice and Late Summer evening 8win)s. Jeremy Clarkson and Ken Nonnan hosted an Auction of Promises which raised £15,165 after Costs. Th¢ new stretch tent was partly fLU]ded by donations from the HDH Wills Charitable Trust (£2,000) and David Cameron & Lord Chadlington's local fund (£1,000). tK)cal businesses were very supportive. Jaffe & Neale donated £102 from sales of the Lido Guide and £235 was raised by the Water for Water initiative in Whistle¢s Restaurant We received donations of £1,000 from the Water Hygiene Centre and £2,000 from the Churchill Car Show. £800 was donated by the Chipping Norton Festival towanjs the cost of a new p)ol extraction board.. Individual fidra7serS were also generous. Kirsty Garrett and Nathan Phelps of Whistler's Restaurant completed a swim Marathon and rnised donations of over £4J15. while Claire Willianwin undertook Dry January, raising £122. Gifts in kind We a further, and highly significant, source of support. We especially acknowledge the continued support Kate Ward (fundraising support) Dun¢aD Wood (plant room) Mark Walters {electrical work) Gary Creese (event support) Ellie Walk¢r (HR advice) Ken Norman (Auction of Promises) Topsy Fletcher (volunteer receptionist) Rupert Blakeley (maintenance and refurbishment) Liz Cooke (maintenance and refurbishment) The trustees wish to tbank all members of The Lido staff, whose continued dedication plays a central mle in everything Tbe Lido offers the local community. The tnLStees also wish to thank Liz Cooke for her leadership of The Lido team. her commitment to developing the pool's facilities and services, and for her continued support and contribution outside the season. Page 4
CHIPPING NORTON LIDO LtMtTED REPORT OF THE TRUSI'EES FOR THE Y R LNDED 311 f+1 VEL¥IBER 2024 Finally, the trnstees would like to thank all the other local organisations, businesses, indivtduals and volunteers whose ongoing support helps ensure The Lido remains open. Reseryeg policy Designated funds It is the truStLS, intention to continue to raise capital fimds in order to complete tbe refirbishment of the pools and buildings which arc ovcr 50 years i)Id. The tLUStees have allocated £40,000 io dcsignated funds towards thc stripping out and full refjjrbishment of the accessible changinE room. installation of outdoor showers and new filters. Unrestricted funds reserves policy The tsu.8tCL'S liai'c L'xuniinLd Ihc chariL?blL con1p(Y's f¥quirrmcnt.4 foi. i'LsLfvLS in th¢ liglit ut. th¢ main risk,5 to the orgyoiiisation, oiiilin¢d bclow. ThL Lido aiin.s io li¢lVL operating reseivLs o'f .%'iifficieni 4culc lo IllCLt Ih¢' iyoi-kiiis capital rcquircnicnL4 of operntiiig Il)c pool tor six monclis witliouc IhL 17eed for fundraisiiig. Thc Ite¢S LUlI'cntly e81iiiialc tlii.8 to bc Circa £35.000. Potential risks The trnstees have examined the major strategic, business and operational risks which the charitable company faces and Loiitinii Iliat gyst¢ixs liiive hccii e.41ablisl)cd Ii) enable regular reports to be produced so that the necessary steps can be Itlkun lo ILS,4un Ihcsc ribks. M&7jur risks idenlilicd include.. HealtW safety and well-being of The Lido's customers and staff repTesent our number one priority. There is a detailed Sy8ILI)i of opL'raiional ci)ntff)Is, risk asscssmLiILs Jnd 1117¢ IiagyeinL'iII DVLrsigl)I, rL'POrtLd into r¢8iilar Iru5fLC Incilings. * Adi'crse WL'ailier alway.4 has a significaiil impiicl LIPOI) MIL Lido'g abilily to g7ci?L'fil1¢ incoTnC from lickLIt %alis, putting greater pressure on the trustes to fimdraise cover the ts'iicling dLtILiI. TIIL. iruslccs ionlinLIL to cunbidLI' ways of iniproviiJg ciiergy cfliciency and new ways of increasing ti7ding incom4 via additional activities (such as fithess cl&sses, cl'c.) and ncw facilities. IIiLrL'asing uompctilion in tli¢ fndraI$1ng ar¢nts liab in)pactcd i'o a certain extcnt upoii thc ability to rdise ftinds, in Pii11iLuliir Irom Iuciil irusl fiinds ivliu urL LLlI-I'¥nily rL'¢LivinLi liibihLr-Ihdn-CV¥r LILmnnd fL)r suppvrt, Risk of pl11 tailure dLiring thu SLC son is inilib7dlcd by ¢1 regFular mainlLnÉince prograinii)L. The Lido opcratL% a.cafe iii-l)OUSL, Ivhich is niaiioged in suLh a ,Y thai IhLre is minimal financial outlay and tonvard expLndilui'L commitment such that ttny fiii&ncial risk is n¢gligtribl¢. Tiifldli(>ni¢ ry prc%%ures on eosl.s. inclii(ling wages. cliLmicllls and other supplies. Allocating unrestricted revenue Tcseryes provides a cushion against forcseen and unforeseell cost rises. * Sccuring sufficient qualified lifeguards. cafe staff and other essential personnel. We mitigate by being a lifeguard training centre, Djnning our own lifeguard training programme, and reviewing the competitiveness of our salary rdtes on an annual basis. * Thc effect of the 'cost of living crisis, on household budgcts, particularly the itnpact on discretionary Spen and rLsiiliin&y risk of rciluced sMrymn)Lr nwiibLrs. W¢ Inil'igatc agdtnst this risk wbcn trnstLCs rciriew the swimming pricing model bcfoTe e41uh seasoii, e%peciEilly considcring the swim cost for those in our turget groups for promotion of Ivell-beiiig and social weItti. * Our online book-ing manftgemeiit systcni is bedded in well, providing flexibility 2round timetabling, payment handling and useful managemLiII infonnaii()n on pwl ulili.%alion and asSULLlilL iiicome rcpoits. Oiir dLPLiidLllcy OD the booking, ystLm is miligT4Trtcd by ongoiiig support fiM the supplier. Thc trustLes acknowlLdgL that. like inany businesses, there is now a dcpLiideiiLy on a functioiiing intcrnet. the104s of ivhicli wouId b¢ a wider issue than one the Lido ¢aD mitigale. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a d¢¢d of trust, and constitutes a limited company, limited by guaranfr¢, as defmed by the Companies Act 2006. Page 5
CHtpptNG ORTON LIDO LIMITED REPORT Oll THE THEY AR END D30 RUSTEES OVE The company is 4stablished under a Memorandum and Articles of Association which detennines the objects and powers of the Charitable company. It is also governed by its Articles of Association. tn the event of the company being wound up, members ar¢ required to contribute an amount not exceeding £5. The director5 of the company are also the charity trustees for the putpose of charity law and, under the company's Articles, are known as members of the Management Committee. Under the requirement of the M¢morandum and Articles of Asso¢i&tion the rnernbers of the managernent committee are elected to serve for a period of tbree years after wbicb they must offer theelVeS for re-election at the next Annual General Meeting. As a matter of routine, new trntees are given a copy of the Cbaritable Company Convnission's booklet entitled The E&8ential Trustee: What you need to know, as part of an induction pacK which they aTe advised to read without delay. All the tnL8tees who served during the peTiod as detailed on the InfOrntiOll page. Their knowledge is kept up to date by distributing charity newsletter and updates. Regular meetings also take place where matters are brought to the directors, attention. REFERENCE AND AD[NISTRATIvE DETAILS Registered Company Dumber 05292627 (England and Wales) Reglstered Charity number 1113869 Retered office The Lido Fox Close Chipping Norton Oxfordshire OX7 5BZ Trustees Ms C Jarvis S P Nelson R Blakeley J Bland MsJPEJaffe Ms A M Davies M Hatherly K GaTr¢tt (appointed 5.2.24) Company Secretary Ms A M Davies Independent Examiner V M Murphy & Co FiDsbury House, New StreeL Chipping Norton. Oxfordshire OX7 5LL Approvedbyorder of the board of trustees on............ .... .... ........... . and signed on its behalf by.. Ms C J8rvis- Trustee Page 6
INDEPENDEI NT [* XAMINER'S REPORT TO THE TRUSTEES OF CHIPPING NORTON LIDO LIMITED Independent examiner'$ report to the trustees of Chlpplng Norton Lido Limited ('the Company,) I report to the charity tStee$ on my examination of the accounts of the Company for the year ended 30 November 2024. Responsibilltles and b2s1s of report As the charity's trnstees of the Company (and also its directors for the putyoses of company law) you are responsible for the prq)aration of the a¢Unts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are Dot required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I rqK)rt in rwect of my examination of your charity's accounts as Caled out under Section 145 of the Charities Act 2011 ('the 2011 Act'}. In carrying out my exatnination I have followed the Directions given by the Charity Commissi()n under Section 145(5) (b) of tbe 2011 Act. Indcpendent examiner's statement I have completed my examination. I confirni that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in tcspcct of the Company as requed by Section 386 of the 2006 Act. 01 the accounts do not accord with those records. 01 the accounts do not comply with the accounting requiren]ents of Section 396 of the 2006 Act other than any requirement that the accounts give a truc and fair view which is not a matter considered as part of an independent examinaliou. or the accounts have not been prcpar¢d in accordamce with the methods and principles of the Statement of Recommended Practice for accounting and reporting by chwities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to whith attention should be drawn in this report in order to enable a proper understanding of the accounts to be rea¢hed. tfNK V M MURPHY ACCA VmMuhy&Co Fin5bury House, New StreeL Chipping Norton, Oxfordshirc OX7 5LL +F (Ao2S- Page 7
i) CHIPPING NORTON LtD LIMITED s,rATElET OF FI CLiL ACTIVITIEI S FOR THE YEAR ETrIDED 311 fi.tBER 2(124 2024 Total fimds 2023 Total Unrestricted fimds Restricted fimd Note5 ll¥COlKE AND ENDOWMENTS FROM Donations, legacies and grants 20,779 18,459 39,238 10,715 Charitable activities P(M)I 135,467 135,467 124,931 Other trading activities Investment income 58.116 1,126 58,116 1,126 55,849 432 Total 2IS,488 18,459 233,947 191.927 EXPENDITURE 01¥4 RaisiDg funds 34,137 34,137 31.570 Charitable a¢tivitie$ Pool 170,785 7,757 178,542 179,862 Other 36.480 Total 204.922 7,757 212,679 247,912 NET ll¥COMEI(EXPENDITURE) 10,566 10,702 21268 (55,985) RECONCTLIATION OF FUNDS Total fim(ts brought forward 82,581 26,142 108,723 164,708 TOTAL FUNDS CARRtED FORWARD 93,147 36,844 129,991 108,723 The notes forni pwt of these financial statements Page 8
CHIPPING NORTON LIDO LIMITED li BALANCE SHEET 30 NOVEMBER 2024 2024 Total fi]nds 2023 Total Unrestricted flmds RestTiCted fimd Notes FIXED ASSETS Tangible assets 29232 36,844 66,076 48.628 CURREiYf ASSETS DcbtoTh' Casb at ballk 2,492 65.478 2,492 65.478 4.137 60.192 67,970 67,970 fv1.329 CREDITORS Amounts falling due within one year io (4,055) (4.055) {4.234} NET CURRENf ASSETS 63.915 63,915 60.095 TOTAL ASSETS LESS CURRENT LL4BILITIES 93,147 36.844 129,991 108,723 NET ASSETS 93,147 36,1144 129.991 108.723 Fi]NDS Unrestricted fidS Restricted funds 93,147 36,844 82,581 26,142 TOTAL FUNDS 129,991 108.723 The ch&itable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the CompaDies Act 2006. The tsustees acknowledge their responsibilities for (a) ensuring that the Charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and prcparing financial statemcllts which give a truc alld fair view of the stste of affairs of the charitrable compally as at the end of each fiF)ancial year and of its surp18 or deficit for each fiTwicial year in accordance with the requirements of Sections 394 and 395 and which othenvise comply with the requirements of the Companies Act 2006 relating to financial statements. so far as applicable to the charitable company. (b) The notes fonn part of tIe Fllwicial ststements Page 9 continued...
CHIPPING NORTON LJDO LIMITED BALANCE SHEET- contiDued 30 NOVEMBER 2024 These fmancial statements have been prepared .in accordance with the provisions applicable to charitable companies subject to tbe srnall companies regijne. The fi nci 1 statements were approved by the Board of Trustees and authised for issue on . and were signed on its behalf by: arvis- Trstee The notes forni part ofthese financial statements Page 10
CHIPPING NORTON LIDO LKMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The fitwicial statcentS of the charitable company, which is a public benefit entity under FRS 102, have been prePad in accordance with the ChitiCS SORP (FRS 102) 'Accounting and Reporting by Charities.. Statcrnent 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) (effective l January 2019),, Financial Reporting Standard 102 The Financial Reporting Stsndard applicablc in the UK and Republic of Ireland, and the Cornpanies Act 2006. The fmancial statements have been prepared under the hislorical cost convention. Income All income is recogniscd in the Statement of Financial Activities once the charity has entitlemenl to the fimds, it is probable that the income will be received and the amounl call be mwurcd reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructiv¢ obligatioD rommittAn8 th¢ charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and ha5 been classified under headings tbat awegate all cost related to the category. Where costs cannot be directly attributed to partIlaT headings they have been allocated to activities on a basis consistent with the use of Tangible fixed 4s5et5 Depreciation is provided at the following annual rates in order to write off each asset over its eslimated usefi life, Plant machinery Fixtures and fittings IOQ/o on cost Strdight line over 25 years Taxation The charity is exempt from co4)oration tsx on its charitable activities. Fund aeeounting Unrestricted funds can be used in accordance with the cbaritable objectives at the discretion of the trnstees. Restricted funds can only be used for particular restricted puOSe8 within tbe objects of the charity. Restrictions arise when specified by the donor or when fijnds are raised for particular restricted purposes. Further explanation of the nalMTe and purpose of each fimd is included in the notes to the fmancial statements. OTHER TRADING ACTIVITIES 2U24 2023 Fundraising. café and lottery 58,11ti i5.849 Breakdown of Fulldraising: Cafe Lottery Auction of Prornises Feed tn Tariff Oth¢r 32,827 3,936 17.371 3.582 400 33,349 4.382 15,479 2.639 Pagell ontinued...
CHIPPtNG NORTON LtDO LIMITED NOTES TO THE FINANCIAL STATEMEIYTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2024 INVESTMKNf INCOME 2024 2023 Deposit account interest 1,126 432 Rsc FUNDS Breakdown of fundrnising costs: 2024 2023 Cafc Lottery Auction of Promises Other 30,117 1.506 2,206 308 27.879 1,829 1.799 63 OTHER 2024 2023 LAiss on sale of assets Support costs 36,480 5.322 5,596 5,596 41.802 NET JF4COMEI(EXPENDITLIRE) Net income/(expenditure) is stated after cbargingl(crediting).' 2024 2023 Dq)reciation- owned assets Deficit on disposal of fixed assets Independent examiner 9,131 6,607 36.480 840 900 TRUSTEES, REMUNERATION AND BENEFITS wete Do trnstees, remuneration or othcr bcnefits fur Lbe year ended 30 Noveinber 2024 nor for thc year ended 30 NoveuLber 2023. Trustees, e4)enses TheTe were no trustccs, expenses paid for the year ended 30 November 2024 nor for the year eTJded 30 Novcmb¢r 2023. Page 12 continued...
CHIPPING NORTON LtDO LIMrrED OTES 'fo f4LNANCbiL STATEMEIYTS- Continued FOR THE YEAR ENDED 30 NOVEMBER 2024 TANGtBLE FIXED ASSETS Fixtures Plant and machincry fittings Total8 COST At l December 2023 Additions 149.998 26,580 64.446 214.444 26,580 At 30 November 2024 176.578 64,446 241.024 DEPRECIATION At l December 2023 Charg¢ for year 121.442 6,555 44J75 2,576 165,817 9,131 At 30 November 2024 127,997 46,951 174.948 IYET BOOK VALUE At 30 November 2024 48.581 17.495 66.076 At 30 November 2023 28.556 20,071 48,627 DEBTORS: AMOi)NTS FALLtNG DUE WITHIN ONE YEAR 2024 2023 Othcr debtOTS 2.492 4,137 io. CREDfroRS: AMOUNTS FALLING DUE wrrHIN OIYE YEAR 2024 2023 Trade creditors Social security and other taxes Accrued expcnscs 123 32 362 32 3,840 4,055 4,234 11. MOVEMENT tN FUNDS Nct movement At 1.12.23 At 30.11.24 Unrestricted fuDds General futkd Designated funds 42,581 40,000 10,566 53,147 40.000 82,581 10,566 93,147 Restricted funds ReStrId funds 26.142 10,702 36,844 TOTAL FtiNDS 108,723 21,268 129,991 Page 13 continued...
CHIPPtNG NORTON LIDO LIMITED IYOTES TO THE FINANCIAL STATEMEIYTS- coutinued FOR THE YEAR EIYDED 30 NOVEMBER 2024 ii. MOVEMENT IN FUNDS - continued Net movement itl fun(L8. included in the above are as follows: Incoming resource5 Resources expended Movement in ftmds Unregtrlcted funds Gcnctal fund 215,488 (204,922) 10,566 Restricted fullds Restricted fimds 18,459 (7.757) 10,702 TOTAL FUM)S 233,947 i?lQ 679) 21,268 Comparatives for movement in fund5 Net movenwit in fLmds At 1.12.22 At 30.11.23 Unrestricted funds General fund Designated fjnds 57,775 40,000 (15,194) 42,581 97,775 (15,194) 81581 Restricted funds Restricted fimds 66,933 (40,791) 26,142 TOTAL FUNDS 164.708 (55.985) 108,723 Comparative net movement in fids, included in above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 191,927 (207,121) (15.194) Restricted funds Rcstricted fimds (40,791) (40.791) TOTAL FUNDS 191.927 {247,912) (55.985) Page 14 continued...
CHIPPING NORTON LIDO LIMrrED NOTES TO TEIE R TJ4E 4 IP4ANCIAL STATEMENfs- continued 30 NOVEMBER 2024 ii. m0vEhNT IN FUNDS - continued A current year 12 months and prior year 12 months combined position is as follows.. Nel movement in ndS At .12.22 At 30.11.24 Unrestricted funds Gcneral fimd Designated funds 57,775 40.000 (4.628) 53.147 40.000 97,775 (4,628) 93.147 Restricted funds Restricted funds 66.933 (30.0119) 36,844 TOTAL FUNDS l (14,7118 (34.717) 1 ?9,991 A current Ye 12 months and prior year 12 months combined net movement in fijnds. included in the above are a5 follows: Incoming resources Resources expended Movement in fijnds Unrestricted funds General fid 407,415 (412,043) (4,628) Restricted funds Restticted fidS 18,459 (48.548) (30,089) TOTAL FUNDS 425,874 (460,591) (34,717) 12. RELATED PARTY DISCLOSURES During the year. trnstee R Blakeley invoiced £19,012 plus VAT to the Lido for maintenance and Tefiubishment costs Page 15
CHIPPINC NORTON LID LIMITED DETAILED S THEY Tr4T OF FI AR END ANC.IAL VITLES MBER 2024 2024 2023 INCOME AND ENDOwTs Donations, legaeies and grants Donations, legacies and grdnts 39,238 10.715 Other trading aetlvities Fundraising, café and lottery 58,116 55.849 Investment income ' Deposit account interest 1,126 432 Charitsble 2Ctlvlties Pool income 135,467 124.931 Total fincoming resources 233,947 191,927 EXPENDITURE Raising funds Costs of generating donations. rLuming the café, etc 34,137 31,570 Charitfdble activities Pool [Lu1Thg costs 172,946 174,540 Other Loss on sa]¢ of tangible fed assets 36.480 Support Costs Mydnagement Running costs 4,696 4.482 Governance eosts Governance costs Total resources expended 212,679 247,912 Net Incomel(expenditure) 21,268 {55,985) This page does llot fonn part of the statutory financial statements Page 16