PALS PRO-ACTIVE LIFESTYLE WATER ACTIVITIES CLUB Registered Charity Number: 1142283 palswac.org.uk
Trustees’ Annual Report 2022/23
PALS was back to full activity in this financial year and this is reflected in the accounts which show an excess of income over expenditure of £3,761.96 – the first time that PALS has shown a surplus since 2020. The only break in activity was in the first few weeks of 2023 when the pool at St Audries Bay Holiday Park had to be closed for some major repairs to be carried out – this was disappointing but PALS were back there by mid-February!
As can be seen from the accounts, almost all areas of income were increased from the previous year. This is a testament to the members, for attending pool sessions with such enthusiasm, and using the bus to get there! It is also a testament to the committee for reintroducing events and activities that support fundraising.
Income in the year was mainly from the swimming sessions (four per week), membership subs (membership remained stable at slightly over 100) and members using the bus, with a significant level of donations. Fundraising was income from the Summer Fair – hard work for those involved but well worthwhile as it made a surplus of over £500! It was also possible to reintroduce hiring the bus to outside groups and those hire charges and day memberships brought income of nearly £1000.
Expenses were fairly consistent with the previous year, some slightly up and some down. The majority of expenses were in enabling the swimming sessions to take place – so, hire of the pool, volunteer expenses, and insuring, maintaining and running the bus. The equipment costs were largely spent in maintaining the hoist and leasing the defibrillator. All PALS volunteers are encouraged to to attend training sessions each year and in April and May 2022 were able to attend First Aid Training and Reach and Rescue Training provided by FABT First Aid Training.
It was agreed by the committee that the surplus generated in 2022/23 would be added to the bus replacement fund which was created with the surplus from the year ended 2020. With additional fundraising that has taken place in the interim, this fund now stands at just over £9,900. It is hoped the current bus will last another couple of years which should mean that the designated fund is nearly sufficient to buy a replacement vehicle without having to dip too far into the operational reserves!
PALS was featured on West Somerset Radio which broadcasts from Minehead and as a result several new members joined and discovered the benefits of aqua aerobics. Returning to the pre-Covid levels of socialising and non-pool activities has been slow but the signs are there that members would like to resume the coach trips, picnics and lunches so hopefully there will be more activities organised.
PALS committee
PRO-ACTIVE LIFESTYLE WATER ACTIVITIES CLUB Charity Number 1142283
| Accounts | |||
|---|---|---|---|
| for year ended 31stMarch 2023 | |||
| Notes | 2022/23 | 2021/22 | |
| Income | £ | £ | |
| Membership subscriptions | 2,754.00 | 2,755.00 | |
| Fundraising | 1,040.78 | 187.00 | |
| Donations | 2,531.60 | 872.15 | |
| Swimming sessions | 16,703.00 | 13,270.00 | |
| Bus income (members) | 2,940.00 | 2,258.00 | |
| Hire of bus (to third parties) | 748.46 | 0.00 | |
| Raffle income (to bus fund) | 894.85 | 0.00 | |
| Day Memberships | 240.00 | 0.00 | |
| Somerset Lottery | 277.00 | 285.00 | |
| Sundry income | 1. | 360.00 | 62.40 |
| TOTAL INCOME | 28,489.69 | 19,689.55 | |
| Expenditure | £ | £ | |
| Instructors’ expenses | 4,773.80 | 4,834.20 | |
| Poolside Assistants’ expenses | 2,682.00 | 2,426.50 | |
| Drivers’ expenses | 1,665.00 | 1,680.00 | |
| Bus (running costs and repairs) | 5,656.36 | 4,170.39 | |
| Pool hire | 6,625.00 | 6,640.00 | |
| Fundraising costs | 484.68 | 0.00 | |
| Training | 150.00 | 180.00 | |
| Hire of Premises | 2. | 715.36 | 648.88 |
| Equipment | 3. | 1,325.40 | 1,969.11 |
| Public Liability Insurance | 350.00 | 346.00 | |
| Stationery and postage | 141.13 | 82.73 | |
| Sundry expenses | 159.00 | 77.62 | |
| TOTAL EXPENDITURE | 24,727.73 | 23,055.43 | |
| Excess income over expenditure | 3,761.96 | -3,365.88 |
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Kathy’s knitted gnomes and Meryl’s book sale
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Includes rent for the garage (£510.36)
-
Includes first lease payment for the defibrillator (£300.00)
| Movement in Funds | £ |
|---|---|
| Cash book balance at 31st March 2022 | 23,846.41 |
| Add income received during the year | 28,489.69 |
| Add income received in advance (2023/24) | 259.00 |
| Less expenditure made during the year | 24,727.73 |
| Less expenses paid in advance (2023/24) | 535.80 |
| Cash book balance at 31st March 2023 | 27,331.57 |
Notes
1. Accounting Policies
The financial statement has been prepared under the historical cost convention and in accordance with applicable accounting standards and the Statement of Recommended Practice for Charities as recommended by the Charities Commission on an accruals and prepayments basis.
2. Basis of Accounting
All income and expenditure is accounted for on an accruals and prepayments basis and has been adjusted for prepaid expenses.
3. Fixed Assets
All assets purchased are charged directly to the Accounts. There is therefore no need to provide for depreciation. The assets owned by PALS as at 31st March 2023 consist of a minibus, pool equipment and a storage shed. The defibrillator was purchased in 2018 for £1,400.00. The minibus was purchased outright in January 2020 for £16,995.00.
4. Grants Received
Somerset Community Foundation provided a grant of £1,500 in June 2019. Somerset Community Foundation provided a grant of £1,560 in November 2020. These grants are carried forward
5. Grants spent
No grants were spent during the period.
- A Financial Statement of assets and liabilities has been prepared which shows the position as at 31[st] March 2023.