**REGISTERED CHARITY NUMBER: 1151030** 

## **REPORT OF THE TRUSTEES AND** 

**UNAUDITED FINANCIAL STATEMENTS** 

**FOR THE YEAR ENDED 31 OCTOBER 2022** 

**FOR** 

**BOURNE OUTDOOR SWIMMING POOL** 



**BOURNE OUTDOOR SWIMMING POOL** 

## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022** 

|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Statement of Financial Position**||6||
|**Notes to the Financial Statements**|7|to|14|
|**Detailed Statement of Financial Activities**|15|to|16|





**BOURNE OUTDOOR SWIMMING POOL** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2022** 

The trustees present their report with the financial statements of the Charitable Incorporated Organisation for the year ended 31 October 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement 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 1 January 2019). 

## **OBJECTIVES AND ACTIVITIES** 

## **Objectives** 

The objectives of the CIO are to provide swimming and associated facilities for the benefit of the inhabitants of Bourne and the surrounding area. 

## **Public benefit reporting** 

When reviewing the CIO's objectives and activities, and in planning future activities, the trustees have considered the Charity Commission's general guidance on public benefit. 

## **ACHIEVEMENT AND PERFORMANCE** 

## **Charitable activities** 

The CIO continued to provide swimming facilities throughout the 2022 season. In addition to the main 50 yard heated pool, the CIO provides a toddlers pool, fountain pool, extended lawns with seating and picnic tables and a toddlers play area. 

## **FINANCIAL REVIEW** 

The detailed statement of financial activities showed that during the period of the accounts, the CIO had an excess of income over expenditure of £30,477 (2021: £6,850). 

Income from pool activities in 2022 increased, this was more in line with pre pandemic levels. Total income was £105,040 (2021: 59,403). Most notably general admissions totalled £84,830 (2021: £19,486) being a 335% increase on the previous year as the pool was not open for the full season due to the COVID-19 restrictions. This increase also reflects an unusually hot summer in the UK who recorded three separate heatwaves, one in June, July and August. 

During the year donations of £650 (2021: £5,519) were received. All donations received were unrestricted being available for use  in accordance with the charities objectives at the discretion of the trustees. 

The cost of resources expended totalled £74,563 (2021: £52,553). The main items of expenditure were light and heat £15,168 (2021: £10,889), wages £23,773 (2021: £8,050) and repairs and maintenance which totalled £9,067 (2021: £8,263) with the most significant items being £2,996 for the cost of repairs to the pool heater. 

## **RESERVES POLICY** 

The trustees are aware that they need to maintain unrestricted free reserves at a level to provide sufficient funds to cover operating expenditure. The trustees consider that the CIO should maintain between three and six months of unrestricted free reserves. The current unrestricted free reserves of £187,022 (2021: £154,895) are more than sufficient to comply with this policy. 

## **FUTURE PLANS** 

The pool will reopen for the 2023 season shortly. The trustees thank all volunteers who have helped to get the pool ready for re opening. The trustees hope for another hot summer to ensure high pool usage to generate high levels of income. 

Whilst at present there are sufficient funds to secure the medium term future of the pool, unless attendances are maintained in the coming seasons at a satisfactory level, the longer term future of the pool will need to be carefully considered. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The charity is governed by a constitution document dated 26 July 2018. 

## **Recruitment and appointment of new trustees** 

The trustees may appoint a person who is willing to serve as a trustee on such terms as they may agree from time to time. 

Page 1 



**BOURNE OUTDOOR SWIMMING POOL** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2022** 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Organisational structure** 

The trustees shown below have held office during the whole of the period from 1 November 2021 to the date of this report: 

Mrs M J Delaine-Smith P Revill C J Atkin Mrs B H Smith 

The trustees meet regularly to make decisions relating to the CIO. All trustees give their time freely and no remuneration or expenses were paid. 

## **Induction and training of new trustees** 

The training and induction provided for new trustees will depend on their existing experience. Where necessary, induction will be on an informal basis. It will be tailored specially to the individual and will provide training on charity, legal and financial matters. 

## **Risk management** 

The trustees have a duty to identify and review the risks to which the CIO is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The trustees continue to monitor and review risks and instigate controls they deem necessary to reduce these risks. 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

## **Registered Charity number** 

1151030 

## **Principal address** 

Abbey Lawn Coggles Causeway Bourne Lincolnshire PE10 9LN 

## **Trustees** 

Mrs M J Delaine-Smith P Revill C J Atkin Mrs B H Smith 

## **Independent Examiner** 

Mark Hindmarch BSc ACA Duncan & Toplis Limited 14 All Saints Street Stamford Lincolnshire PE9 2PA 

## **Bankers** 

Lloyds Bank PLC 65 High Street Stamford Lincolnshire PE9 2AT 

## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** 

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

Page 2 



BOURPIE OUTOOORSWIMMING POC
REPORTOFThETRUSTEES
FOR ThEYEAR EIIDED 31 OCTOBER 2022
STATEMEKf OFTRUSTEE5' RE5PONYBIuTIES+CL￿lInWd
The law appllcable to charwe5 in England and Wales, the Charltles Act 2011, Charity (Account5 and Reports) Re8ulatlons 2C¥J8 and
the prowslMs of the trust deed require5 the tIU5tees to prepare financial statements for eath finan•al year whlth 8we a true and
falr of state of affair5 of the charity and of the Incomin8 resources and application of resourc?s, including the Income and
expenditure. ofthe charityforthat per￿d. In weparfngthose finanual 5tatement5, the trurtees are ￿quI￿￿ to
5aect sultableaccounrsni w11c￿ ark4 then app￿thern ¢an￿$t￿¢￿..
observethe methods and principles in the Ch¥rity SORP,.
makejudtrmenis ande5timatesthJt are rE8sonableand prudent..
prepare the fiNnci*l statements on the 8oini corKern basfj5 unles5 it is inlpwopriate to that the Char￿ will ¢ontynue
in bu5ine55.
The trustees are respcffjsSble for keep5n8 proper actountin¢ rtcords whlth disc105e reasorwwe accurary at any time the
financial posttion of the charirv and to enable them to ensure that the financial statements compty ￿th the Charities Ad 2011. the
Charity IAccoums and Report51 Ae¥ulation$ 2(￿ and the pr￿1$￿9 of the trust deed. They are also respons+ble for safe¢uardin8
the 4s5etsof the charItyar￿ henie fortskin$ reasonable steps ft)r the prevention and detettK>n of fraud and other irreiularit*s.
pproved byorderofthe boardoftnJ5tee50n 13 Septthmber 2023 athd on ffs behawby..
Mrs M J Delalntr5mfth- Trustee
Pale 3

EPENOENT LWAINER¥ REPORTTOThETRusfEES(
KIURNEOVTD￿ SWIMM114G POOL
hthothtgxamlnw'¥ rewtto thetrustee5 of8r•Jrne outd￿ Swlmmlng Po(A
l report to the charity tru5tee5 on my examinat￿ ol the accounts of Pthirne Outdoor Swimmin8 Pod Ithe Tru5tl for the
ended 31 OrtobEr 2022.
RewiMthllkbes•nd ofr•pwt
As the charlty trusm of the Trusr you are responsiwe for th¢ prep*r*tion of the attounts in accordance with the requlrements of
the ChariDesAct 20111'the Act'l.
I report in respect of my examination of the TNst's ￿cOunts carried out under Section 145 of the Jnd in ￿ryin$ out my
examina￿on I ha¥* fc4knwed all apt4lcable DirectionsgNen bythe Chartycommissbn under Setdon 145ISllblof theArt.
IndepernlenteMmlnv'¥ 5t•t•mwrt
I have completed my examination. I c¢)nfimi that no mateflal matters have come to My attention in connection with the
examination 8ivin8 ffleiau5eto beliEwe that In any material respert,.
•tt•untini recordswere not kept In fesF*rtoFtheTrustas reg￿red bysection 130 of the kn..
the accounts do nor accord w¢h those rewrds., or
the accounts do not compty wth the applicable r*quirements concerning the form aThJ content of acwjnrs ser rart in the
Charitie5 (Accounts and Reports) Regulations 2ri)8 other than any requlrement that the a¢Cr￿nts 8Ne a true and lair view
whKh 15 Mt a mattertonsidered as part of èn independent exaffiinat￿n.
I hève no concern5 have come acros5 no other matters in connection with the examlnatSon to whlth attentlm should be drown
Dthis report in order to vfftable a proper under5tandin8of tt)e actountsto be reathed.
ma￿ HiTrJmarch BSCACA
JrKan & Topli5 Urnr(ed
14 NJI Saints Street
Stamfor¢J
ncolnsh*e
PE9 ZPA
13 Septtmber 2023
P4e4

## **BOURNE OUTDOOR SWIMMING POOL** 

## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2022** 

|Unrestricted<br>fund<br>Notes<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>3<br>2,735<br>Other trading activities<br>4<br>102,288<br>Investment income<br>5<br>17<br>**Total**<br>105,040<br>**EXPENDITURE ON**<br>Raising funds<br>6<br>72,913<br>**NET INCOME/(EXPENDITURE)**<br>32,127<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>154,895<br>**TOTAL FUNDS CARRIED FORWARD**<br>187,022|Restricted<br>funds<br>£<br>-<br>-<br>-<br>-<br>1,650<br>(1,650)<br>19,350<br>17,700|2022<br>Total<br>funds<br>£<br>2,735<br>102,288<br>17<br>105,040<br>74,563<br>30,477<br>174,245<br>204,722|2021<br>Total<br>funds<br>£<br>35,054<br>24,282<br>67|
|---|---|---|---|
||||59,403|
||||52,553|
||||6,850<br>167,395|
||||174,245|



The notes form part of these financial statements 

Page 5 



•oUANEOIJTD￿ft SWIMMING POOL
srATEMEiif OF FIIWKIAL Po￿110m
31 ocroBER IOIZ
2022
Total
funds
2021
Tor31
fund5
Unrestricte
fund
Restrfcted
funds
HXEDASSEfS
Ta￿le a$5et5
12
78.824
17,7
96,524
I￿,680
CIJRAEiifASSETS
StLK*5
Debtors
Cash at ban*
13
14
620
1.225
ic6,
620
1,225
Il￿.408
620
75.512
I￿,253
Ice.253
76.132
CREOffORS
kniounrs fallmi due within One￿ar
16,5671
PIETCURRENT ASSETS
108.198
1(*.198
69.%5
187.022
17,70)
204.722
174,245
187.022
17,70)
204.722
174245
FUNDS
16
UnrestrKted fund5
Restricted fvnd5
187,022
17.71X)
154.895
19.350
TOTALFU14DS
204,n2
174.245
Thp fir4ncia statements kb*re appr(Ned by the Board ol TrU￿ee5 and a￿￿)rISed lor wue on 13 September 2Q3 ￿ were 98ned
onits bew by..
MJ Ddaln&Smith.Trustee
The notes fomi part ofthe5efinarKial ststements
P•8e 6

**BOURNE OUTDOOR SWIMMING POOL** 

**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022** 

## **1. STATUTORY INFORMATION** 

Bourne Outdoor Swimming Pool is a Charitable Incorporated Organisation whose principal office is in England. 

The presentation currency of the financial statements is the Pound Sterling (£). 

## **2. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the CIO, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. 

## **Critical accounting judgements and key sources of estimation uncertainty** 

In the application of the CIO's accounting policies, management are required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. 

There are no critical accounting judgements or estimation uncertainty that, in the opinion of the trustees, will have a material effect on the financial statements. 

## **Income** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is  probable that the income will be received and the amount can be measured reliably. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the 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 has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## **Tangible fixed assets** 

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 

Improvements to property - Straight line over 20 years Equipment -     20% on cost, 20% on reducing balance and 10% on cost 

Tangible fixed assets are held at cost less accumulated depreciation. 

## **Stocks** 

Stocks are valued at the lower of cost and fair value less costs to complete and sell, after making due allowance for obsolete and slow moving items. 

## **Taxation** 

The charity is exempt from tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the CIO. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

## **Debtors** 

Debtors are measured at their recoverable amount. 

continued... 

Page 7 



**BOURNE OUTDOOR SWIMMING POOL** 

**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2022** 

## **2. ACCOUNTING POLICIES - continued** 

## **Creditors** 

Creditors are measured at their settlement amount or in the case of provision for liabilities the best estimate of their settlement amount. 

## **Government grants** 

Government grants are recognised when there is reasonable assurance that the grant will be received and any conditions attached will be complied with. Grants are recognised as income over the period necessary to match them with related costs or lost income, for which they are intended to compensate, on a systematic basis. 

## **Financial instruments** 

The charity has chosen to adopt the Sections 11 and 12 of FRS 102 in respect of financial instruments. 

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. 

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss. 

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. 

Such assets are subsequently carried at fair value and the changes in fair value are recognised in the income statement, except that investments in equity instruments that are not publically traded and whose fair values cannot be measured reliably are measured at cost less impairment. 

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of  the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions. 

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. 

continued... 

Page 8 



## **BOURNE OUTDOOR SWIMMING POOL** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2022** 

## **3. DONATIONS AND LEGACIES** 

|Notional donation<br>Donations and gift aid<br>Grants<br>Pool resurfacing Grants<br>All donations received were unrestricted.<br>Grants received, included in the above, are as follows:<br>Other grants<br>**4.**<br>**OTHER TRADING ACTIVITIES**<br>General admission<br>Fun nights<br>Pool hire<br>Lockers and deckchairs<br>Catering franchise<br>Vending machine<br>Shop accessories<br>**5.**<br>**INVESTMENT INCOME**<br>Deposit account interest<br>**6.**<br>**RAISING FUNDS**<br>**Raising donations and legacies**<br>Staff costs<br>Rent, rates and water<br>Light and heat<br>Repairs and maintenance<br>Chemicals<br>Cleaning<br>Swimming accessories<br>Coffee machine<br>Depreciation||
|---|---|
|||



continued... 

Page 9 



**BOURNE OUTDOOR SWIMMING POOL** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2022** 

## **6. RAISING FUNDS - continued** 

## **Other trading activities** 

## **7.** 

|2022<br>£<br>Support costs<br>6,941<br>Aggregate amounts<br>74,563<br>**SUPPORT COSTS**<br>Governance<br>Other<br>costs<br>£<br>£<br>Other trading activities<br>4,856<br>2,085|2021<br>£<br>5,734<br>52,553|
|---|---|
||Totals<br>£<br>6,941|



## **8. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31 October 2022 nor for the year ended 31 October 2021. 

## **Trustees' expenses** 

There were no  trustees' expenses paid for the year ended 31 October 2022 nor for the year ended 31 October 2021. 

## **9. STAFF COSTS** 

The average monthly number of employees during the year was as follows: 

## **10.** 

|Lifeguards<br>No employees received emoluments in excess of £60,000.<br>**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**<br>Unrestricted<br>fund<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>22,054<br>Other trading activities<br>24,282<br>Investment income<br>67<br>**Total**<br>46,403<br>**EXPENDITURE ON**<br>Raising funds<br>50,903<br>**NET INCOME/(EXPENDITURE)**<br>(4,500)<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>159,395|2022<br>8<br>Restricted<br>funds<br>£<br>13,000<br>-<br>-<br>13,000<br>1,650<br>11,350<br>8,000|2021<br>8<br>Total<br>funds<br>£<br>35,054<br>24,282<br>67<br>59,403<br>52,553<br>6,850<br>167,395|
|---|---|---|



continued... 

Page 10 



**BOURNE OUTDOOR SWIMMING POOL** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2022** 

## **10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued** 

|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|||
|---|---|---|
|Unrestricted<br>fund<br>£<br>**TOTAL FUNDS CARRIED FORWARD**<br>154,895|Restricted<br>funds<br>£<br>19,350|Total<br>funds<br>£|
|||174,245|



## **11. INDEPENDENT EXAMINERS REMUNERATION** 

Duncan & Toplis Ltd provide the charity with accountancy and independent examination services at no cost. The commercial fees for these services would have been £2,085 (2021: £1,985). These fees are included as notional income  and notional expenditure in the income and expenditure account. 

## **12. TANGIBLE FIXED ASSETS** 

|Improvements<br>to<br>property<br>Equipment<br>£<br>£<br>**COST**<br>At 1 November 2021<br>118,423<br>30,568<br>Additions<br>-<br>1,328<br>At 31 October 2022<br>118,423<br>31,896<br>**DEPRECIATION**<br>At 1 November 2021<br>34,367<br>9,944<br>Charge for year<br>5,921<br>3,563<br>At 31 October 2022<br>40,288<br>13,507<br>**NET BOOK VALUE**<br>At 31 October 2022<br>78,135<br>18,389<br>At 31 October 2021<br>84,056<br>20,624<br>**13.**<br>**STOCKS**<br>2022<br>£<br>Shop accessories and chemicals<br>620<br>**14.**<br>**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>2022<br>£<br>Prepayments and accrued income<br>1,225|Totals<br>£<br>148,991<br>1,328|Totals<br>£<br>148,991<br>1,328|
|---|---|---|
||150,319||
||44,311<br>9,484||
||53,795||
||96,524||
||104,680||
|||2021<br>£<br>620|
|||2021<br>£<br>-|



continued... 

Page 11 



## **BOURNE OUTDOOR SWIMMING POOL** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2022** 

## **15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** 

|Trade creditors<br>Other creditors<br>**16.**<br>**MOVEMENT IN FUNDS**<br>**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Boiler<br>Pool resurfacing<br>**TOTAL FUNDS**<br>Net movement in funds, included in the above are as follows:<br>**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Boiler<br>Pool resurfacing<br>**TOTAL FUNDS**<br>**Comparatives for movement in funds**<br>**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Boiler<br>Pool resurfacing<br>**TOTAL FUNDS**|2022<br>2021<br>£<br>£<br>40<br>5,062<br>15<br>1,505<br>55<br>6,567<br>Net<br>At<br>movement<br>At<br>1.11.21<br>in funds<br>31.10.22<br>£<br>£<br>£<br>154,895<br>32,127<br>187,022<br>7,000<br>(1,000)<br>6,000<br>12,350<br>(650)<br>11,700<br>19,350<br>(1,650)<br>17,700<br>174,245<br>30,477<br>204,722<br>Incoming<br>Resources<br>Movement<br>resources<br>expended<br>in funds<br>£<br>£<br>£<br>105,040<br>(72,913)<br>32,127<br>-<br>(1,000)<br>(1,000)<br>-<br>(650)<br>(650)<br>-<br>(1,650)<br>(1,650)<br>105,040<br>(74,563)<br>30,477<br>Net<br>At<br>movement<br>At<br>1.11.20<br>in funds<br>31.10.21<br>£<br>£<br>£<br>159,395<br>(4,500)<br>154,895<br>8,000<br>(1,000)<br>7,000<br>-<br>12,350<br>12,350<br>8,000<br>11,350<br>19,350<br>167,395<br>6,850<br>174,245|2022<br>2021<br>£<br>£<br>40<br>5,062<br>15<br>1,505<br>55<br>6,567<br>Net<br>At<br>movement<br>At<br>1.11.21<br>in funds<br>31.10.22<br>£<br>£<br>£<br>154,895<br>32,127<br>187,022<br>7,000<br>(1,000)<br>6,000<br>12,350<br>(650)<br>11,700<br>19,350<br>(1,650)<br>17,700<br>174,245<br>30,477<br>204,722<br>Incoming<br>Resources<br>Movement<br>resources<br>expended<br>in funds<br>£<br>£<br>£<br>105,040<br>(72,913)<br>32,127<br>-<br>(1,000)<br>(1,000)<br>-<br>(650)<br>(650)<br>-<br>(1,650)<br>(1,650)<br>105,040<br>(74,563)<br>30,477<br>Net<br>At<br>movement<br>At<br>1.11.20<br>in funds<br>31.10.21<br>£<br>£<br>£<br>159,395<br>(4,500)<br>154,895<br>8,000<br>(1,000)<br>7,000<br>-<br>12,350<br>12,350<br>8,000<br>11,350<br>19,350<br>167,395<br>6,850<br>174,245|2021<br>£<br>5,062<br>1,505|
|---|---|---|---|
||||6,567|
|||19,350||
|||174,245||



continued... 

Page 12 



**BOURNE OUTDOOR SWIMMING POOL** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2022** 

## **16. MOVEMENT IN FUNDS - continued** 

Comparative net movement in funds, included in the above are as follows: 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|46,403|(50,903)|(4,500)|
|**Restricted funds**||||
|Boiler|-|(1,000)|(1,000)|
|Pool resurfacing|13,000|(650)|12,350|
||13,000|(1,650)|11,350|
|**TOTAL FUNDS**|59,403|(52,553)|6,850|



A current year 12 months and prior year 12 months combined position is as follows: 

|**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Boiler<br>Pool resurfacing<br>**TOTAL FUNDS**|Net<br>At<br>movement<br>At<br>1.11.20<br>in funds<br>31.10.22<br>£<br>£<br>£<br>159,395<br>27,627<br>187,022<br>8,000<br>(2,000)<br>6,000<br>-<br>11,700<br>11,700<br>8,000<br>9,700<br>17,700<br>167,395<br>37,327<br>204,722|Net<br>At<br>movement<br>At<br>1.11.20<br>in funds<br>31.10.22<br>£<br>£<br>£<br>159,395<br>27,627<br>187,022<br>8,000<br>(2,000)<br>6,000<br>-<br>11,700<br>11,700<br>8,000<br>9,700<br>17,700<br>167,395<br>37,327<br>204,722|
|---|---|---|
|||17,700|
|||204,722|



A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 

|**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Boiler<br>Pool resurfacing<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>151,443<br>-<br>13,000<br>13,000<br>164,443|Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(123,816)<br>27,627<br>(2,000)<br>(2,000)<br>(1,300)<br>11,700<br>(3,300)<br>9,700<br>(127,116)<br>37,327|Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(123,816)<br>27,627<br>(2,000)<br>(2,000)<br>(1,300)<br>11,700<br>(3,300)<br>9,700<br>(127,116)<br>37,327|
|---|---|---|---|
||||9,700|
||||37,327|



continued... 

Page 13 



**BOURNE OUTDOOR SWIMMING POOL** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2022** 

## **17. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the year ended 31 October 2022 nor for the year ended 31 October 2021. 

## **18. ULTIMATE CONTROLLING PARTY** 

The CIO is controlled by the board of trustees. 

## **19. FINANCIAL INSTRUMENTS** 

The CIO has the following financial instruments: 

|The CIO has the following financial instruments:||||
|---|---|---|---|
||2022||2021|
||£||£|
|**Financial liabilities measured at amortised cost**||||
|Trade creditors||40|5,062|



The total interest income and interest expense for financial assets and financial liabilities that are not measured at fair value through the statement of financial activities was £17 (2021 - £67) and £nil (2021 - £nil) respectively. 

Page 14