REGisfERED CHARJTY Tr600 members. Members were rJJcoura8¢d to begiD to use th¢ new S8ndwell Aquati￿ Bank Account to pay membetship and trainin8 fees into. January 2023 saw the start of the SwimGainz Iwue IformeTly PGL) in whieh Sandwell Aqu¥ties was represented by 2 ieams., 8andwell Red and s￿dWell Bla¢k. Both teams pfyrticipated in the B Final which was held at the Alan Higgs tentre at the start of Jun¢, with one of the Sandwell t¢ans earniD8 a w¢ll deserved 3rd pl￿¢. 43 swimmers (joint Sondwell and Warley) rep￿sented th¢ ¢lub at the Worc¢ster County Championships in JanlFebTUIry ond brought home ? Si￿1r1¢¥￿t of medals and PBS. Unfortunately, February 2023 saw the deparlure of several ￿)&the5 and te4chers and so work started in eamest to ensu that wc could continue to offer the Thumb¢r of classe5 and tr8inin8 sessitins that we had worked so hard to develop. March saw ihe start of the summer sewn for the Midland WAter Polo League with two Senior Men's team$ and a mixed Youth IU161 takin8 part for Sandwell. The se&%on ran until the end of October with Sandwell A finishing in second plfice in Division I, Sandwell B in the same r*)sition in IAvision 2. The Youth teom finished in equa] 3rd place in thesr division. the best Ttsult for scverni YCSTS. The Nuneaton Junior League stsrtgj in April. with the A team Mecessfulty gainLTh8 promotion in the Sept¢mE¢r final to DivisioA I for the 2024 season. We took on a new coach io WOTk aiongside Raj, Neil and DBve. and she intr¢ylue•J a Sunday morning Tun session at Sandwell Valley for the Pr¢mier and CDI squads. Holly quickly fitted into the club and became 8 firni favourite amon85t the swmmers. We Entered 2 te8ms in the Merciart League in May {a fiTs¢ for many of the fomtr Oldbury swimmers) with l of thc teams winning the fina] Tound. Well done to 911 of OUT Swimmers who repYts¢nted the club 50 well acrc6s all of the league The club lost sts fight to Telain the whole of the ￿ to Swim prowirne with th¢ plannd move into the Sandwell Aquatics C¢Dtre. and so in Ju]y w¢ said g(rfxlbye (o some ofour youngest members and those In our DucklinBS to Stage 4 cla55¢s. We rnanaged to successfvlly ne8otiate kn kc¢p our Skill Dcvelopment Stages (stages 5-8) and these si8ges have 8rown considerably sin(Y th¢ move into the SAC. Page2 SandweJI Aquatiu Club Report of tbe Tru5tee5 for the Y¢8r Ended 30 Stptemb¢r 21)23 ORIEcfivES AND ACTivrriES Langley Swimming Centre and Smethwick Baths closd their thors for the last time on 14th July 2023 the club moved in to its new home of the S8ndwell Aquati(s Centre the followtng weA. The club participated in the apening events led by Sandwell C¢)uncil and ]nembe¥s of the club in*rvÈ¢wrd on loc41 TV and Tadio ststions to Ma￿ this OCe&5ion. Sandwell Leisur¢ Tn]st welcomed us inio the Sandwell AquAti¢ Centre wth ot¢n arms and Aygu5t 2023 s2w the start of the new training programme, which brought together the swimming and water w)lo aciivity und¢r one ￿of again. This new start ha5 8iven rnembets the opwrtunity to attend many more sesstons than previo￿ty. includin8 3 early momin8 training sessions. a]ongside th¢ p0s5ibility to attend LAnd Ttwning at the SAC. For the water polo section this h&8 meant tha¢ for the first lime in the history of the club, water polo i5 being played as intended. That is, in deep water. We are dr¢ady sceing the knefLLs of this in the imptDved fitne55 and perfonnance of our players. W¢ succ¢sshJlly held our artnual Club Champs ￿ the centre over one weekend in S¢p*rnbtt which w&$ 8 fant&8tic opportunity to ty out of th¢ equipment. It has been a steep learning eurve for us all. but one which we h&ve fa¢cd with detemiination and & drive to succeed. The club then sup]x)rted Worcester County to hold the County Dev¢loprnent Meet at the centre at the end of September. This vay well attendvAJ by ajl Clubs from within Wotrester County attd enablc us to showc&se what the eentre is all ab)ut. The wint¢r seL%on of the Midland Water Polo ixague is Made up of a Women's Lewe and a Junior Men'5 (UI 81 Lcague. Re-estsblishing a women's leam ts a key aim of the water p)10 5¢¢tion and this is progressin8 well with an in¢re&sed number of females attending training. The junior men's team is currently 5th in the league with a number of 8ames still to play. The British Water Polo League opern*s through the winter and a Trurnb￿ of our senior ployeTS join with Membe￿ of other lo¢￿ clubs to play in this1¢08ue 85 City of Birmingham. Throughout the year Sandwell A9￿￿1￿ ha8 been well represented itt teams sele¢ttd to play itl Int¢r-Re8ional Competiiions foT the West Midlands Region. Open Meets attended.. Stourbridge Siormforce Meet- tk¢ 2022- 36 SA 17 Warley swimm&s Worcester County ChAmps- JaNFeb- 22 SA and 21 Warley 5wimmen Richmond Dales Long ¢ourse L3 Meet- February- 14 swÉmmer5 Nova Centurion National QU￿trICr L I meet- March- 5 swimmers Nuneaton open meet- Mareh- 48 Swimmers Cardiff Ll meet- April- 3 swimmers Wc5t Midlands Regionals Championships ApriVMay- 17 5Wtmmers Hinckley Open Meei- May- 37 swimmer5 City of coven￿ Graham Syke5 0￿￿ med- long wurse- July- 42 swimmers w0￿¢ster County Dev¢lopmem meet- Septwt*- 36 swimmers coul￿¢S ￿)Mpleted.. I x Level I 'fea¢her 4 x Level 2 Teachers (in coliaboTation with Swim England Recruttinent Acadcmy and SLD I x Asslstant Coachin8 7 x Safeguarding 3 x'feam Managers 5 x fiTne Keepers I x JI judge5 Page 3 S#mdwell Aquatits Club Report of the TTUStees for the year Ended 30 September 21F23 FLrrbRE PLANS As always to furtherexpand the provision of aquatic swto the I￿1 eommunity. To continue to use Twitter, Fa¢ebcx)k and Website to continue to o)mmunicate with parents. To ¢x)ntinu¢ to woAc in close colla￿ratIon with Sandwell txisurc TnLsL tnd Sondwell Council to serve the bDrough of Sundwell to the best of our ability. To train 3 Level I wache5 To train 3 new timekeeFWS for ¢xtrdeov¢r forthe coming year. To train 2 JI judges To trv4in 2 Team Mal￿geT Level 2 To train 3 x Team Manager Level I To tr&in 4 x Levcl I Water Polo Lwh To run a swm camp this yur To ¢nsurc a greater r¢presentstion atcounty. Re8kxwI and National compe¢iiK)Iis. STRiicfuR Tr,, GOVF,RNATriCE AND MANAGEMETrrr Governing documenl The ¢hariry i5 controlled by its 8ovemiD8 documenc adeed of and a)nstitut¢s art uninwrprated charity. R15k management Th¢ trusiecs have a duty to ideniify WMI review the risks to which the ¢haTity is eX￿Sed and kn ¢nSUTe appropriate contro18 are in pla¢e to provide reasonable assurathC¢ against fraud artd ern?r. REFEREIYCE AND ADMINisfRATIVE DETAIIS Rtglstered Charity nurnber 1147581 Principal Address 19 Tudor Rothl Rowlcy Regis Wcsl Midlands E165 91.H Truste Mr% Aligon Drew£unniffc Chairm Mr Kevin Stockton TTU5tee Mr Jonathan Hemmingway S Mrs Katherine Sca8cr TnL5tee Mrs Caroline Tavares memb￿ship Sefft & Welfare offic Mr Mork Deakin Mrs Lynrte Willetts Independent Examiner Peter Killey PK Accountancy & Bwinc55 SetViCC5 LiTNit&l 2 Bentons Court Kidderniinster Worcestershire DYII 6YY Page4 SAndwell Aquatics Club Report of the Trustees for the Yeftr Ended 30 Septetnber 2023 REFERENCE AND ADMJNJSTRATIVE DETAILS Bankcr5 'rhc Co-operative Bank Bustness Custom¢r Services PO BOX 250 Skelmerdale WN8 6WT AC:COUNTING AND REPORI'ING REI SPONsIBIL￿lEs The chai'ities Aci 2011 requires the ti'ustees lo prepare accounts each financial year which give a true and fair view of its financial activities diiring the year and of its financial position Rt the end of the year. In pr¢pariiig those 4¢counts the TTUStees should follow ￿$t practice. and.. elect suitahle ac¢ouiitin8 policies and apply thtm consi5tently', Make judgcrnenL% and estimates that ar¢ reasonable and prudent. Follow applicablc accounting Standards and the Charitirtin8 Standard applicable in the UK and Republtc of Ireland (FRS 102) (effective l January 20191,, Finaneial Rep)rtin8 Standard 102 Tr Financia] Retrf)rring Standard appli¢able in the UK and Republic of Ireland. and ihe Charitie5 2011. The fina￿la1 stA*ments have been prepared under th¢ historical co convention. Intome All In￿Me is recognised in the Statement of Ftnaneial Activttses 0￿¢ th¢ chtrity has ￿titlement to the it is p)Dbable that the it7ctime will be re¢eiv•l and the amoum cm E¢ me4sured reliably. Eyptnditur¢ Liabilities ar¢ recognised &% eynditur¢ as srx)n as there is a le8￿ or construetive obligation committing the tharity to that expenditure. it is proFAble thai a transfer of c￿nomiC bencftts will be requiffd in scttleTnent and the amouni of the Oblig￿tI>ll can be me&suNI reliably. Expendibjrc is account￿ for ort Bn accluals basis and has b¢en classified LEnder headings 8ggregare all Ly)si related to thc cth80ry. Where eosts cannot be directly attributed to p4rticular headin￿ they hav¢ been allwthd ￿ activities on a basis consistent with the use of resources. Stocks st￿k* we va]L*d * the lower of (xist and t)et realisable valu4 after meking due A]Iow8n¢¢ for ob501ete and slow moving it¢ms. Gen¢rxl fund Untestricied be used in wth the ¢haritsble objKtive5 ￿ the disctetton of the ttu$tees. Rcstricted ￿lldS can only he used for p¥rti¢ul8r restricted pyrp¥)ses within thc objeLts of th¢ charity. Restrictlons arisc whcn 5p¢¢ifEed by th¢ donot or when fvnds ￿e Trised for rAnieular restricted PLtryTh)ses. Further explanation of the na￿1¢ and pwpx)se of each ￿nd is included rn the notes ￿ the firwicia] statements. Volunteer help The vajue of voluntery hdp iecetved is not included in the xLY)unts but i¥ d¢Jcrtbed in th¢ uusiees, annual rewrt. TRL'SI'EF.S' REMUNERATION AND BENEFITS There were no trustecs. Rmunerntion or other bu￿fits for the y¢ar P￿ded 30 Septthnber 2023 nor for the year cnded 30 September 2022. Trustees, expenses There were no tr￿$t￿9, ¢xpa]ses paid for the year atded 30 SeptemFrt 2023 nor for the year ended 10 September2022. Page 9 cK)ntinued... SaDdwell Aquati￿ Club Notes to the Fknan¢iAI St¥ttments- contlnued forthe Year Ended 30 Septernber 2023 STAFF COSTS The aver￿¢ monthly number of employees duriD8the yefrw&s as follows.. 30.9.23 30.9.22 Head Coxh No employees received emoluments in ex¢e5s of £60,000. COMPARATIVES FOR THK sfATEMENf OF FINANCIAL AcfiviTXFS Unrestricted fund INCOME AND LNDOWMErirs FROM Donations and legacies 126.094 EXPEYDITURE ON Rw'sin8 fijnds 120,414 5,680 NET INCOME RTr:(:()IYCILIATION OF bUNDS 'I'otal fund5 broughi forward 10,910 TOTAL FUNI DS CARRIF.D FORWARD 16.590 30.9.23 30.9.22 1,061 Swim shop stock% DEvfoRS: Amouyfs FAI,LING DUE wmiiN ONE YEAR 30.9.22 Trade debtors 1,045 684 Page 10 contillued... Sandwell Aquatir5 Club Notes to the Fin2ntial Statements- tontinued for the YeAr Ended 30 Septernber 2023 CREDrroRS: AMOUN13 FALLING DUE WITHIIY ONE YEAR 30.9.23 30.9.22 Trade creditors Oth¢r ¢red2tors 24.288 5,397 24,288 5.398 MOVEMENT IN FUNDS At 1.10.22 movem¢nt in fund5 At 30.9.23 UnrestTiCted funds Genernl furtd 16JSII 33J26 50.116 TOTALFUNDS 16.59) 33,526 50,116 Net movemettt in fimd& inclwj￿1 in th¢ above are as follows: In￿MIng Rcscjurces expend Movcment in funds Unra$trleted fund$ Generdl fund 229,793 1196267) 33.526 TOTAI. FUNDS 229,793 1196,267) 3J,526 Comparntives for movemertt ID Net movement in funds Ai 1.1021 At 30,9.22 Unrestrided fun G¢n¢rnl fund 10.910 5.680 16.590 TOTAL FUYDS 10,910 5,680 16,590 continued... Sandwell Aquatits Club Yotes to the Finxncial.StatemeDts- tontinued for the Yegr Ended 30 September 2023 MOVEMEhT IN FUNDS- Continued Compardtivc net movement in fund& included ITh the atove are a5 folk)ws: InL*ming Resourecs Movetnent resouTees ¢xpendcd in funds UnTe51ri¢t¢d funds General fimd 126.094 (120,4141 5.680 TOTAL FufiDS 126,094 (120,4141 5.680 A cumt ye4r 12 months and prior yts 12 rnonths combined position is as follow5.' Nct At 1.10.21 movement in fijnds At 30.9.23 Unre5tritted funds General fund 10,910 39,206 50,116 TOTAL TrUNDS 10,910 39206 50,116 A ￿rreftt year 12 months and prior ye4r 12 months combined movement in funds, included in the above are &$ follows.. Incoming r¢sourees Resources expen MoYem¢nt in funds Unrestricted funds (ienerdl fund 355,887 1316,6811 39,2Q6 TOTAL FL'NDS 355.887 {316,681) 39,206 RELATED PARTY DISCLOSURES Th¢Te were no rel￿ed party tranS￿tiOnS for theyear ¢nded 30 September 2023. Page 12 Sa￿dwell Aquati¢s Club Detailed Ststement of FiDanci&l A¢tivitie9 for the Year Ended 30 September 2023 30.9.23 30.9.22 INCOME AND ENDOWMENrs Donatious and legacies Monthly fees Grdnts Donation￿$￿)￿SOr Open meets Club champs Oth¢r income Land training 18.250 140,855 1.045 20 27,383 4,992 362 10,383 89,397 6.100 90 10,436 2,504 1,534 976 ,636 .979 1931 4,728 7.973 Merchandise Pool hire Course5 Opcn water swimmin8 Printer cartridges 250 1251 921 231 207.109 126,094 Other income Bx¢¢ptional items 22.684 Tot41 Ineornlng resoureej 229,793 126,094 XPEYDITURE RHising donatlon$ And legAcI Wag¢s Social SCCLtrity Pool hire Coach¢s exF¢ll5¢5 ASA I,ees Gala's Stock &dju5tment Mcrchandise Accountancy Other expenses Open meets Club phone c.lub champs Web 51tc Courses Events Land tiaining Recruitment expense 7.651 1.913 108,549 19.897 14,564 1,238 561 9,661 750 1285 19237 (81 4265 1.913 73,882 8,787 7.873 1,057 1,894 620 1.634 8,812 58 2,718 1,054 3.311 800 239 804 ,734 817 196267 120,414 This pagcdocs not forni p8n of the statutory financial statements Pagc 13 S*ndwell Aq￿a￿{S Cknb Detailed Statement of Financial Adivities for tbe Year Ended JO September 2023 30.9.23 30.9.22 Total resources eX￿Id& 196.267 120,414 Iyet ineome 33,526 5,680 This pw doe5 not forni part of the statutory fiTwciaJ statemcnts Page 14