## **Treasurer's Report from Sarah Thomas – AGM 21[st] January 2025** Please see appended Financial Report accounts to 30[th] September 2024 ## **Notes:** - This year we have seen a decrease in the remaining bank balance after expenditure. - This is largely due to building our new balcony extension & viewing area together with the purchase of 6 single skis and 1 double ski. We received grant funds for both of these projects but a contribution was made from Club funds. - 6 Single ski cost - £13395, 1 Double ski - £3962 against a grant of £15511 - Total invoices for extension (inc. NT Carpentry, paint, cleaner etc) £38795.50 against grant of £20000 - Aside from the above, training costs continue have been our highest expenditure with the following notes: - Fontygary pool continue to ignore our requests for regular billing and we have not yet paid for April to October 2024. Will continue to chase before they reopen! - Increase in pool hire costs overall (needed to use multiple pools through winter 2023/24 due to Cogan closure) - As mentioned in last year’s Treasure’s report, there was a payment made to The Bear Hotel for our 60[th] Do last year as the invoice was settled after the accounts cut off. We ended the year with just over £16500 on deposit and £5400 in the current account. Thanks to Gethin who raised £3608.8 through gift aid from HMRC. Thanks to Sarah T for the Lloyds Bank match funding of £500. We received £4335.96 from the Co-Op Community Fund Thanks to Geoff Edwards and the Masonic for their donation of £500. Thanks to Glamorgan Golf Society for £100 and to the Llantwit Line Dancing group for £40. The accounts are to be audited and presented to Charity Commission. ## **Treasurer's Report from Sarah Thomas – AGM 21[st] January 2025** Please see appended Financial Report accounts to 30[th] September 2024 ## **Notes:** - This year we have seen a decrease in the remaining bank balance after expenditure. - This is largely due to building our new balcony extension & viewing area together with the purchase of 6 sin - received grant funds for both of these projects but a contribution was made from Club funds. - 6 Single ski cost - £13395, 1 Double ski - £3962 against a grant of £15511 - Total invoices for extension (inc. NT Carpentry, paint, cleaner etc) £38795.50 against grant of £20000 - Aside from the above, training costs continue have been our highest expenditure with the following notes: `o` Fontygary pool continue to ignore our requests for regular billing and we have not yet paid for April to chase before they reopen! - Increase in pool hire costs overall (needed to use multiple pools through winter 2023/24 due to Cogan - As mentioned in last year’s Treasure’s report, there was a payment made to The Bear Hotel for our 60[th] Do l - after the accounts cut off. We ended the year with just over £16500 on deposit and £5400 in the current account. Thanks to Gethin who raised £3608.8 through gift aid from HMRC. Thanks to Sarah T for the Lloyds Bank match funding of £500. We received £4335.96 from the Co-Op Community Fund Thanks to Geoff Edwards and the Masonic for their donation of £500. Thanks to Glamorgan Golf Society for £100 and to the Llantwit Line Dancing group for £40. The accounts are to be audited and presented to Charity Commission. ## **Llantwit Major Surf Lifesaving Club** |**Income and Expenditure Account**
**For year ended 30th September 2024**|||||| |---|---|---|---|---|---| |Starting balance
**Income**
Membership subscriptions
Grants & Donations
Fundraising
Clothing sales
Training receipts (Pool subs & Camps)
Competition receipts
Miscellaneous Other Income
**Total Income**
**Expenditure**
Subscription & Affiliation Fees
£2,700.00
Clothing purchases
£1,618.10
Training (Pool fees & Camps)
£10,650.31
Competition entries
£4,876.53
Buildings & Fittings Costs
£39,044.68
Equipment purchased
£18,616.38
Insurances
£1,339.05
Trailers
£186.09
Boat
£0.00
Miscellaneous & other expenses
£6,868.92
**Total Expenditure**
**Excess of Income/(Expenditure)**|**2023/2024**
£35,015.31
£15,291.26
£44,105.77
£700.00
£1,407.71
£3,030.32
£5,678.10
£2,950.93|£7,325.61
£4,737.80
£18,935.50
£4,484.00
£2,132.26
£2,071.20
£1,077.29
£0.00
£0.00
£2,902.86|**2022/2023**
£29,375.45
£14,759.19
£5,856.90
£2,048.70
£4,413.21
£8,042.06
£6,835.81
£7,350.51|3,228.50
£
2,587.79
£
4,460.75
£
3,491.00
£
766.28
£
1,938.68
£
996.65
£
717.81
£
-
£
1,954.29
£|**2021/2022**
26,743.45
£
14,224.62
£
2,398.75
£
99.79
£
2,235.77
£
224.72
£
2,629.90
£
960.20
£| ||**108,179.40**
**£**









||**78,681.83**
**£**









||**49,517.20**
**£**| ||**85,900.06**
**£**||**43,666.52**
**£**||**20,141.75**
**£**| ||**£22,279.34**||**£35,015.31**||**£29,375.45**| ||||||| |**Balance Sheet**
**As at 30th September 2024**
**Assets**
Cash in Lloyds Bank current account
Cash in Lloyds Bank savings account
Cash in Nat West current account
Cash in Nat West savings account
Total Assets
**Liabilities**
Balance B/Fwd
Total Liabilities|£2,716.77
£16,629.97
£2,748.19
£184.41||£8,340.12
£15,092.69
£1,464.47
£10,118.03||1,334.46
£
15,002.76
£
3,020.47
£
10,017.76
£| ||**£22,279.34**||**£35,015.31**||**£29,375.45**| ||0.00||0.00||0.00| ||**£0.00**||**£0.00**||**£0.00**| ||||||| ## **Misellaneous Income** |**Misellaneous Income**|**Misellaneous Income**|**Misellaneous Income**|**Misellaneous Income**| |---|---|---|---| |**2023/24**
**2022/23**
**2021/22**|||| |Bank CR Interest|£434.63|£190.20|£8.77| |Bank refund(D/D error)|||£170.00| |Sale of equipment|£552.04|£40.00|| |Whitmore Baycoachpayment|£1,114.24|£1,048.98|| |Unknown|£40.00||| |Payment error||£38.75|| |Card machine testpayment|||£0.98| |Aquapark eventpayments||£650.61|£660.15| |BBQeventpayments|||£120.30| |NipperQuasar event||£366.44|| |60th Do|£810.02|£5,015.53|| |**TOTAL**|**£2,950.93**|**£7,350.51**|**£960.20**| |**Miscellaneous Expenditure**
**2023/24**
**2022/23**
**2021/22**|||| |Medals & Trophies|£702.51|£866.35|£432.30| |Flowers/Presents/Auditor Fee|||£39.99| |Wreath - remembrance|£20.00|£25.00|£25.00| |Website|£90.00||£180.00| |Room hire -presentation night|£150.00|£150.00|| |Sum UpCard Machine|||£1.00| |Refundpayment error||£38.75|| |Tattoos|£115.83||| |RAC D/D Error|||£170.00| |MyClubhouse fee|£468.00||£384.00| |Updates to Life member board|£300.80||| |Aqua Park event||£629.00|£675.00| |Stripe cardpayment(refunds)|||£47.00| |Egghunt costs||£201.93|| |NipperQuasar||£348.00|| |Sandhopperpayment error||£60.00|| |60th Do Expenses|£5,021.78|£583.83|| |**TOTAL**|**£6,868.92**|**£2,902.86**|**£1,954.29**| ## **NOTES** ## **Income - Grants, Donations & Fundraising: -** Gift Aid claim £3,608.81 Lloyds Bank Foundation £500.00 Sports Lottery grant £15,511.00 Big Lottery Building grant £20,000.00 Co-op community award £4,335.96 ## **Expenditure - Equipment, Training costs:-** Single skis £13,395.00 Double Ski £3,962.00 Extension Building costs (NT Carpentry) £38,136.97 ## ���������������������� ## Original document Name: "2024 Accounts.pdf" Number of pages: 4 Document size (bytes): 885851 Document seal: 08849f98b0e4a1dff4729d122b15fbb4 ## Issuer Accounted For Emily Dillon (emily@accountedforltd.co.uk) ## Electronic signature Signer: Sarah Thomas (llantwit25@gmail.com) Signature: "sarah thomas" Browser: Mozilla/5.0 (Macintosh; Intel Mac OS X 10_15_7) AppleWebKit/537.36 (KHTML, like G ecko) Chrome/128.0.0.0 Safari/537.36 IP address: 94.13.176.201, 172.31.24.95 Timestamp: Tue Jul 22 2025 19:54:40 GMT+0000 (Coordinated Universal Time) Receipt seal: 52f139e4f4aef2063897437cc138ed19 **��** ������������������� **��** ������������� ������������������������������������������������������������������������������������������������� ���������������������������������������������������������������������� CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to tho trustaes ClTrariiy Naiiie Llantwit Major Surf Lifesaving Club On accounls for the year ended 30 September 2024 Charlty no (if any) 1146123 Set out on pages I report to the trustees on my examination of the accounts of the above charity ("Ih8 Trust") for the year ended 30 September 2024. Responsibillties and basls of réport As the Charity's Irustees, you are responsible for the preparation of the accounts in accordan￿ with the requirements of the Charities Act 2011 (Ihe A¢t'). I report in respect of my examination of the Trust's accounts carried out under section 145 oflhe 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by Ihe Charily Commission under seclion 145{5)(b) of Ihe Act. Indopendent I have completed my examination. I confirm that no material malt8rs have examiner's statemont come to my attenlion in connection with the examination {other than that disclosed below ') which gives me cause to believe that in, any material respect.. the accounting records weré not kept in a¢cordants with section 130 of the Charities Act. or the accounts did not ac¢ord with the a¢¢ounting records- or the accounts did not comply wilh the applicable requirements concerning the form and content of accounls set out in th6 Charilies (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fair, view which is not a matter considered as part ofan independent examination. I have no concems and have come across no other matters in ¢onnèclion wilh the examination to which attention should be drawn In this report in order to enable a proper underslanding of the accounts to be reached. Ple888 delete Ihe words in Ihe b￿CketS if they do not apply. Signed: .7yLU Date: 1610712025 Name: Emily Dillon Relevant professional qualifiGatlon{sl or body (if any): ACCA Address: Aocounted For Lld Unit 2 Riverbridge Business Centre, Rhymney River Bridge Road Oct 2018 Cardiff, CF23 9FP ection B Disclosure Only complete if the examiner needs to highlight malerial mallers of conGern (see CC32, Independent examination of charity a¢¢ounts'. directions and guidan￿ for examiners). jive here brief details of ny Items that the ,xaminer wishe8 to lisclose. NIA Oct 2018 (HAIITY(OMMISSION FOR INGtthOWWKES Charity Name Llantwlt Malor Surf Life8avlng Club No lil any) 1146123 Receipts and payments accounts CC16a For the perlod from Peiio(l end d31e To 0111012023 3010912024 Section A Receipts and payments Unrèslrlcted funds to thè n&8￿81 Reslrlcted funds Endowment funds Total fund8 Last ygar tothe n￿rest£ tothe near88t£ tolhe no•reJst£ ¢0 thg ngarg$t £ Al Rec8lpt8 M8mbeiship sUb￿rip￿0nS Grants & Donation& FundraSsing Clothing Sa1e$ Training ￿e￿Ip1S CompletH)n Receipts Mi$cèllaneous Other Income 14.7S9 5.857 2,049 4,413 B.Q42 6,83$ 7,351 44.lQ6 7QO 1,408 3.030 6.678 2,951 44.106 700 1,400 3.030 2.951 Sub total(Gross income for AR) 73.164 73.164 49.306 A2 As8•t •nd In¥e81menl 8ales, {se• tsblo). Sub total Total recelpts 73,164 73.164 49,308 A3Pa ments SubSc￿p￿0ns & Atfiligtson fees clolhing Pur¢h8$es Tr81nlno fÈ8s and tatnp51 Competition Enknes Building & fitilngs costs Insurances Trailers Miscel18rEous &oth&r &X￿nseS 2.700 1,618 10,650 4.97T 39,045 1.339 166 6,869 2.700 1,618 10,650 4,87T 39,045 1.33& 166 6,869 7.326 4,738 18.938 4,494 2,132 1.077 2.903 Sub total 67.284 67.284 41.595 A4 Asset and Investm8nt purchases, (sea tabla Equipmenl Pvrch88ed 18.616 2.071 Sub total 18,616 18,616 2.071 Totalpayments 85.900 85,900 43.666 Net of recglpts/(payments) A6 Transfers between funds A6 Cash fLFnds last yoar ènd Cash funds thls year end 12,736 12,736 6,640 35,015 22.279 35,015 22,279 29,376 35.015 CCXX R1 accounts ISSI 1610712025 Section B Statement of assets and liabilities at the end of the period Unr6strlct•d Restrlctad funds funds to nè8r*sl £ to nè8rost £ Endowment funds to neai8St£ Categorlèg D•talls B1 Cash funds Lloyds CurrentAccounl 2.717 Lloyds S8vSngs A¢￿Unt 16.630 NaNvtrsi cur￿ll1Ac￿un1 2.746 N?￿eSt $8viros Account Total cash funds 22,279 IA9re• bslBn¢èivfi￿r0tOIW*4nrfpyyrn8nt¥ ac¢¢unqs)} OK Unrestrlct8d funds to fftèavest £ OK OK Endowment funds to nÈ8rè$t£ Restrlet*d funds Detalls to neare5t£ Fund lo whlch 4sset belon Detalls Cost lopllonBII Curtontvaluè Fund towhlGh a&&el b•lon Currènt valutr tlonol Detalls Cost loptlonal B4 A88&ts retalned for the charlty'8 own use Fund towhl¢h rèlatès knounlrfu Whon du¥ D8t8118 B6 Llabllltles Slgnod by on• or Iwst88s on b8half of all th8 tru81ee8 Slgnalure Prlnl Nome Dale of roval CCXX R2 accounts ISSI 16107f2025