Charity number: 1150235 Company number.. 07893671 (England and Wales) Tenbury Community Pool Limited Report of the Trustees and Unaudited Financial Statements For the year ended 31 March 2025
Tenbury Communty Pool Limited Contents Page For the year ended 31 March 2025 Report of the Trustees 1to3 Independent Examinerfs Report to the Trustees Statement of Financial Activities statement of Financial Position Notes to the Finanaal Statements 7t013
Tenbury Community Pool Limited Report of the Trustees For the year ended 31 March 2025 The Trustees, who are also directors for Ihe purposes of (x)mpany law. have pleasure in presenting their report and the financial statements for the charitable ojmpany for the year ended 31 March 2025. The Truslees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicab to charities preparin9 their accounts in accordan with the Finanual Reporting Standard applicable in the UK and the RepLtblic of Ireland (FRS 1021 leffedive 1 January 20191. OBJECTIVES AND ACTivrriES Objectives and aims Looking ahead, the main obieth.ves ft)r Tenbury Communty Pool Limited ('TCP") in 2025-2026 are to worf('. 1. To continue to develop in line with TCPS vtsion to be an indusive, communty owned, financ4ally and environmentally sustainable wellbeing and eommunrty hub for Tenbury Wells and the sum)unding area. 2. Halo Leisure IHL'I to secure a breakeven business plan to 31 March 2026to vthich all parties agree. Prog$$ has been made with the energy saving improvements that were made in 2024-2025 with more improvements planned for 202&2026. Continue to consult Wtth the communtty. Public Healih and NHS groups regarding the health and wellbeing services that can be provided at the faaltty and to include those less advantaged. To ensure the sustainability of Tenbury Swimmin9 Pool wtth support from Mafvem Hills District Council, Tenbury Town Council and tharitable donations. The trustees have ¢xJnsidered the Charity Commision's guidan on public benefft. induding the guidance 'public benefit". running a charity IPB21'. ACHIEVEMENTS AND PERFORMANCE Signfficant activities Freedom Leisu {"FL") conduded ils 10 year contrad vrith TCP in March 2025. TCP and FL worked collaboratively in 2024-25 to redu the energy costs by changing the ntre wort(ing practi$. TCP and HL, TCP'S appointed faalities management operator from April 2025. are committed to delivering improvements by providing a modem facility which HL can promote on TCP'S behalf. HL'S stated vision is to "Get More People More Active More Often" and is aligned with TCP'S vision for our community servi. TCP recetved an avrdrd from the High Sheriff of W0stershire in recognrf(ion community. Achievernents against objectives TCP conlinued its commitment to protect the environment vAlh various innovat.ve measures to reduce energy consumplion. of great and valuable services to the The FL quarterly reports for April 2024to March 2025 showed a narrong trading loss to the operator due to operational actions undertaken. Compared to the previous year there vrds a 5.2% saving on electriCTty costs and a small increase of 4.3°A on gas costs due lo inslallation issues for the new boilers and a significant reduction in the previous year. Solar installations have contributed to a 31 Yo reducty.on in the ntre$ overall electricity usage. FINANCIAL REVIEW Reserves On 31st March 2025 total reseNes and cash in hand stood at £134,769{2024£21.1751. TCP Trustees are responsible for all buik1ing paIts and any plant and equipment repairs and Maintenan to keep the facility open under the Planned Preventative Maintenance schedule in pla betren the current operator. HL. and the building owners, TCP. TCP are progressing towaAls their aim to buibj reseThes of £100,OOOmade up of major plant breakdown £60,000, energy surcharges £15,000, legal advice £5.OOOand £20,OOOfor wind up costs in that eventuality. This reserve was £85,733 at 31 March 2025. 1of13
Tenbury Community Pool Limited Report of the Trustees Continued For the year ended 31 March 2025 Going Concern major priority of TCP is to ensure a seThice provider. HL. (x)ntinues to support our members and customers from April 2025. In past years MHDC has provided considerable financial support to TCP to ensu financial sustainability. TCP and the Servi provider are Working Intensive to redu operating costs and increase membership to ensure ongoing Irading viability. In line with TCP'S vision, TCP are working wth key stakeholders to investigate the expansion of the facilrty and to increase the range of health and wellbeing serVIS offered to the community. CommunFty expansion over rent years and forecasl housing and the resultant population growth is a key prority for TCP. TCP will conlinue to WO to achieve the outcomes of the Tenbury Community Pool Investing in a Greener and Sustainable Future Project.. TCP and HL are considering the next steps to reduang energy costs and the carbon footprint of the building. Fundraising for fvt projects and for the annual costs of maintaining the faulity continues in 202&2026. STRUCTURE, GOVERNANCE AND MANAGEMEP Governing docum&nt Tenbury Community Pool Limited is 8 o)mpany limited by guarantee and rs governed by its Memorandum and Articles of Associatiork. Copies of the Memorandum and Artides of Assoctation are available from Companies House or from the Company's registered office. During the year the A"eS of Association were amended to reflect equal opportunities and to ensure that the Twslees retire by rotation. The company is registered as a tharity with the Chanties Commission. Reuuitment and Appointment of Trustees The D1CtOrS of the cxjmpany are also charity Trustees for the purpose of charity law. The Memorandum and Articles of Association state that trustees are elected to serve ft)r a period of three years and must then retire from offi. That Trustee is then entitled to seek re-appointment if he has given notice of his wllingness to do so to the other Trustees. Infomiation relating to the Trustees is as follo Adrian Taylor Alan Dale Fiona Jane Jenner David Hall Leanne Hodgetts Margaret Holden 20 July 2012 Chair 29 February 2011. a Trustee of Tenbury and District Swmming Pool Guild for neady 40 years. 30 July 2012 Treasurer 11 February 2023 5 September 2024 (resigned 26 Novemter 2025) 18 November 2025 The Trustees have not reiVed any remunerab'on or beneffts from the chanty. REFERENCE AND ADMINISTRATIVE INFORMATION Name of Charity Charity registration number Company registration number Principal address Tenbury Communtty Pool Limited 1150235 07893671 Redroots Berrington Road Tenbury Wells Worcs Vfft15 8EN 2of13
Tenbury Community Pool Limited Report of the Trustees Continued For the year ended 31 March 2025 Trustees The trustees and officers serving during the year and since the year end were as follows: David Hall Trustees The trustees and Offi1¥ serving during the year and since the year end were as folbws.. Leanne Hodgetts {Appointed.' 05 September 2(Y24} (Resigned 26 November 20251 Margaret Hohjen (Appointed: 18 November 2025) Adrian Taykjr Fiona Jenner Alan Dak Independent examiner Celia Adams Eastham Court Eastham Tenbury Wells VIR15 8NW Approved by the Board ofTrustees and signed on its behalfby 16 Dernber 2025 Adrian Taylor 3of13
Tenbury Community Pool Limtted Independent Examiners Report to the Trustees For the year ended 31 March 2025 l port to the trustees on my examination of the ac(y)unts of the charttable company for the year ended 31 March 2025. Responsibilities and basis of report As the chanly Truslees. who are also directo for the purposes of ujmpany law. are responsible fr)r the prepardtion of the accounts in accordan with the requirements of the Companbes Act 20061.the 20 Arf}. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006Act and are eligible for independent examinats"on, I report in respect of my examination of your tharity's accounts canied out undar section 145 of the Charits"es Act 2011 I'the 2011 Ad'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145151{b) of Ihe 2011 Acl. Indepgndent examiners ststgment I have completed my examination. I confimi that no matters have come to my attention in nneCt)n with the examination giving me e*use to believe that in any material respe(a'. 1. accounting records were not kept in respect of the Company as required by section 386 ofthe 2006 Art or 2. the accounts do not accord wtth those records,. or 3. the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the acUnts give a and fair view which is not a matter considered as part of an independent examination., or 4. the accounts have not been prepared in accordan with the methods and princaples of the Statement of Recommended Practi for accounting and reporting by chanties applicable to chariiies preparing their al)Unts in aixordartr wth the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)- I have no COnmS and have come across no other matters in connection wrth the examination to whh attention should be drawn in this report in order to enable a proper understanding ofthe accounts to be reached. Celia Adams Easlham Court Eastham Tenbury Wells WR15 8NW 16 Dernber 2025 4of13
Tenbury Community Pool Limited Statement of Financial Activities (including Income and Expenditure Account) For Ihe year ended 31 March 2025 Unrestrrcted fvnds Restricted nds 2025 2024 lTrcome and endowments from: Donations and legacies Other trading aGtiviles Investments 47.321 6,009 1,220 105.969 153,290 6,009 1,220 246.175 5.283 884 Totsl 54.550 105.969 160.519 252.342 Expenditure on: Raising funds Charitable activities Total 140} {26.6491 {26,689 {6,500) {13.736) (20.236) 16,540) 140,385} {46,925) {5181 {268,9401 1269A581 617 Net incomelexpenditurè Reconciliation of funds Total fvnds brought forward Totsl funds carried forward 27.861 85,733 113.594 117,1161 17,292 45.153 3,883 21,175 38,291 89.616 134.769 21.175 5of13
Registered Number: 07893671 Tenbury Communty Pool Limited Statement of Financial PosFiion As at 31 March 2025 Notes 2025 2024 current assets Debtors 3,784 136,710 140A94 4,742 58,404 63.146 140,5271 Cash at bank and in hand Creditors: amounts falling due within one year 12 15,7251 Net currentassets 134.769 22.819 Total assets less current liabilities Creditors: amounts falling due after mor• than one year Net assets 134.769 22.619 {1,4441 21.175 13 134.769 The funds of the charity Restricted income funds 14 89.616 45,153 134,769 3.883 17,292 Unrestricted income lunds 14 Total funds 21,175 For the year ended 31 March 2025the MpanY was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the wmpany to obtsin an audit of its aCcUnts for the year in question in accordance with section 476, The trustees acknowledge their responsibiif(ies for (y)mplying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in aordance with the provisions applicable to companies subject to the small companies. gime. The financial slalements were approved and authorised for issue by the Board and sMJned on its behalf by: Adrian Taylor Trustee 16 Dember 2025 6of13
Tenbury Communty Pool Limited Notes to the Financial Statements For the year ended 31 March 2025 1. Accounting Policies Basis of accounting The financial slatements have been prepared under the histori1 cost conventbon. expt for inveslments which are included al market value and the revaluation of certain fixed assets and in aCc¥jrdan with the Chaiities SORP (FRS 1021 'Accounting and Reporting by Charrties". Ststernent of Recommended practi applicable to chanties preparing their accounts in accordance wth the Finanal Repong Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective 1 January 20191,, Finanaal Reporting Standard 102 the Finanoal Reporbng Stsndard applicab in the UK and Republic of Ireland (FRS 1021. and the Compantes Ad 20(. Tenbury Communf(y Pool Limited meets the definition of a public benefft entity under FRS 102. Assets and liabilities are initially recxjgnised at historical cost or transacaion value unless otherwise stated in the relevant accounting policy notels}. Going concern The Trustees (nsler that the Charity has sufficEnt reserves to (x)ntinue as a going concern for the forseeable future. At 31 March the Chanty had suffioent reserves to pay its (xedrtors and Insuran for the next 6 months. Tangible fixed assets Tangible fixed assets, other than freehold land. a stated at cost or valua*"on s$ depreciation and any provision for impairment. Depreciation is provided at rates calculated to wrrte off the cost or valuation of fixed assets, less their estimated residual value, over their expected usefijl lives. It is the opinion of the directors that expendrture on the refurtjishrnent and development of the faCilY should be written off in Ihe year when il is incurred as it has no economio value. Land and buildings 100Vo Straight line 2. Income from donations and legacies UnrestTiCted funds Restricted fund$ 2025 2024 Donations received 21.432 25,889 105.969 127,401 30,852 Grants received 25,889 215,323 47,321 105,969 153,290 246.175 7of13
Tenbury Community Pool Limited Notes to the Financial Statements Continued For the year ended 31 March 2025 Anatysis of grants received 2025 2024 Bemard SLFnley Foundation Eveson Charitable Tnjst Malvern Hills Distrid Counul 15,000 4.400 215,323 1,952 2,000 39,625 836 Other RG Golson Trust Tenbury Town Council The Burford Trust 5.000 10,500 3,000 300 5,000 2,500 The Gordon Gray Trust The Lodge of St Michael The Ne1 Weaver Memorial Trust Wealden Leisure Limf(ed 1.796 92,233 153,290 246.175 J. Income earned Irom other activr 2025 2024 Unrestri¢tsd fvnds FLtnd raising events Solar partels Rent and other tharges to Freedom Leisure 1,897 1.095 1.565 2,291 6,009 5.283 4. Investment incomo 2025 2024 Unrestricted fvnds Bank interest receivable 1,220 884 1.220 884 Investment income arises from interest eamed on the funds hekl in the deposit accx)unt. 8of13
Tenbury Community Pool Limited Notes to the Financial Statements Continued For the year ended 31 March 2025 S. Expenditure on other trading activities 2025 2024 Unrestricted funds Fund raising events 40 518 518 6. Costs of Charilablg activities by fund type Llnr9$tricted fvnd8 Re8trieted lunds 2025 2024 Maintenanee 1,339 18.845 1,339 18,845 36,121 114.196 Refurbishment and development write off Insuran 5.748 5,748 13,736 640 4.828 112,722 452 Donations to Freedom Leisure 13.736 Swimming for the elderly Teaching equipment Support costs 640 515 77 77 106 26.649 13.736 40.385 268.940 7. Costs of Charitab a¢ttvitres by activity type Activities undertaken directy Support ¢ts 2025 2024 Supportcosts Maintenan 1,339 18.845 (10} 1,329 18.845 36.121 114,196 Refurbishment and development write off Insuran 5.748 13.736 640 87 5,835 13,736 4,934 Donalions to Freedom Leisure 112,722 452 Swimming forthe elderly Teaching equipment 640 515 40.308 40.385 268,940 8. Staff costs and emolun*nts 2025 2024 No employees 9of13
Tenbury Communty Pool Limited Notes to the Financial Statements Continued For the year ended 31 March 2025 g. Comparative for the Statsment of Finan¢ial Activities Unrestrictéd funds R•stri¢t•d funds 2024 Income and endowmonts from: Donations and legacies Other trdding activites Investments Totsl 232,439 5,283 13,736 246,175 5,283 238.606 13,736 252,342 Expenditure on: Raising fijnds Charitable activities {5181 1254,704) {2S5.222) 1518) 1268,940) (269.458) 114,2361 (14.236} Total Net •xp¢ndithre Reconciliation of funds Total fvnds brought forward Total funds carried forward 116.6161 15001 117.116) 33,908 4,383 38,291 17.292 3,883 21.175 10. Tangible fLxed assets Land and buildings Cost orvaluation At 01 April 2024 At 31 March 2025 311,670 311,670 Depreciation At 01 April 2024 311,670 At 31 March 2025 311,670 Net book valu At 31 March 2025 At 31 March 2024 The company took over the lease. on 20 March 2017. forthe land on vthich the pool VRS built. The lease is for 999 years frorn 25 March 1967. At 20 March 2017 the buildings were valued at £500,000. 10of13
Tenbury Communty Pool Limited Notes to the Financial Ststements Continued For the year ended 31 March 2025 11. Debtors 2025 2024 Amounts due within one year. Trade debtors 1,530 2,311 901 Prepayments and accrued income Other debtors 3,380 404 3,784 4.742 12. Creditors". amounts falling due within ono yoar 2025 2024 Trade credilors 5.725 16,902 23.625 Accruals and deferred income 5,725 40.527 13. Creditors: amounts falling due after more than one year 2025 2024 Tra(Je creditors 14. Movement in funds Unrestricted Funds Balance at 0110412024 IncorniTrg resources Outgoing rosources Balance at 3410312025 General General 17.292 54.550 126,689) 45,153 17.292 54.550 126,6891 45.153 11 of13
Tenbury Communty Pool Limited Notes to the Financial Statements Continued For the year ended 31 March 2025 Unrestrictsd Funds - Previous year Balance at 0110412023 Incoming resources Outgoing resources Balance at 3110312024 General General 33,908 238,606 (255,2221 17,292 33.908 238.606 1255.222) 17.292 Purpose of unTrstri¢ted Funds General To maintain the fabric of the fa(ilty. in Partilar. to pay fof property Insuran as well as repairs and maintenance in excess of £12,000. Restricted Funds Balancg at OIIIM12024 Incoming resourc•s Outgoing resourcas Balance at 3110312025 Arts Project Development Friday Night Project 437 437 92,233 13,736 (6,5001 113,7361 85,733 3,446 3,883 10S,969 120.2361 89.616 Restricted Funds- Previous year Balance at 0110412023 Incoming resources Outgoing resources Balance at 3110312024 Arts Project Fnday Night Project 437 437 3,946 13.736 (14,236) 3,46 4.383 13.736 {14.236) 3.883 12of13
Tenbury Community Pool Limited Notes to the Financial Statements Continued For the year ended 31 March 2025 Purpose of restricted funds Arts Projecl A creative arts project lo encourage the young people in Tenbury Wells to ¢ate murals and carry out art projects. Friday Night Project Friday Night project is for all young people aged between 16 to 17 years old. The sessions include Swmming sessions, fitness and social activities wrth support from YMCA Youth Workers and Freedom Leisure Gym and Lifeguards staff. It supports the health and wellbing of young people in Tenbury Wells. Development To cover expenses relating to the rePlarnent of targe plant and machinery and development of the facility to make it more sustainable. 15. Anaty8i8 of net as¥ots between fundg Tangib N•t curY•nt Cr•ditors > assets I IllabS1itiesl N•t Assèts one year Unrestricted fund8 Gene1 General 45.153 45,153 Re$tri¢tsd funds Arts Project Development Friday Night Project 437 437 85,733 3,446 85,733 3,446 134,769 134.769 Previous year Tangib ed assets Net CUnBftt assets I Creditors > N•t Assets ono yoar Illabllltlesl Unrestricted funds General General 18,736 {1.444} 17.292 Restricted funds Arts Project Friday Night Project 437 437 3,446 3,446 22,619 {1.444) 21.175 13of13