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2025-10-31-accounts

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REGISTERED CHARITY NUMBER: 1151030

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

BOURNE OUTDOOR SWIMMING POOL

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BOURNE OUTDOOR SWIMMING POOL

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Statement of Financial Position 5
Notes to the Financial Statements 6 to 13
Detailed Statement of Financial Activities 14 to 15

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BOURNE OUTDOOR SWIMMING POOL

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2025

The trustees present their report with the financial statements of the Charitable Incorporated Organisation for the year ended 31 October 2025. 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.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The CIO continued to provide swimming facilities throughout the 2025 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 financial statements, the CIO had a surplus of income over expenditure of £24,209 (2024: £15,222).

Income from pool activities in 2025 increased. This was because the UK had recorded its hottest summer since 2018 with significantly above average sunshine. Total income was £135,516 (2024: £116,912). Most notably general admissions totalled £101,615 (2024: £74,643) being a 36% increase on the previous year.

During the year donations of £10,735 (2024: £5,764) were received. All donations received were unrestricted being available for use in accordance with the charity's objectives at the discretion of the trustees.

The cost of resources expended totalled £111,307 (2024: £101,690). The main items of expenditure were light and heat £19,252 (2024: £19,089), wages £28,697 (2024: £23,570) and repairs and maintenance which totalled £17,814 (2024: £14,449) with the most significant items being £2,835 for electrical works and £2,501 for a door replacement.

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 £211,670 (2024: £185,061) are more than sufficient to comply with this policy.

FUTURE PLANS

The pool will reopen for the 2026 season shortly. The trustees thank all volunteers who have helped to get the pool ready for reopening. 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.

Organisational structure

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.

Page 1

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BOURNE OUTDOOR SWIMMING POOL

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT 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 (resigned 14.8.25) C Allen (appointed 14.8.25) J Booth (appointed 23.8.25)

Independent Examiner

Duncan & Toplis Limited 14 All Saints Street Stamford Lincolnshire PE9 2PA

Bankers

Lloyds Bank PLC 65 High Street Stamford Lincolnshire PE9 2AT

Approved by order of the board of trustees on 22 May 2026 and signed on its behalf by:

Mrs M J Delaine-Smith - Trustee

Page 2

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BOURNE OUTDOOR SWIMMING POOL

Independent examiner's report to the trustees of Bourne Outdoor Swimming Pool

I report to the charity trustees on my examination of the accounts of Bourne Outdoor Swimming Pool (the Trust) for the year ended 31 October 2025.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Tara Bellamy FCA

Duncan & Toplis Limited 14 All Saints Street Stamford Lincolnshire PE9 2PA

22 May 2026

Page 3

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BOURNE OUTDOOR SWIMMING POOL

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2025

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
13,317
Other trading activities
4
120,807
Investment income
5
1,392
Total
135,516
EXPENDITURE ON
Raising funds
6
108,907
NET INCOME/(EXPENDITURE)
26,609
RECONCILIATION OF FUNDS
Total funds brought forward
185,061
TOTAL FUNDS CARRIED FORWARD
211,670
Restricted
funds
£
-
-
-
-
2,400
(2,400)
28,650
26,250
2025
Total
funds
£
13,317
120,807
1,392
135,516
111,307
24,209
213,711
237,920
2024
Total
funds
£
23,199
91,876
1,837
116,912
101,690
15,222
198,489
213,711

The notes form part of these financial statements

Page 4

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BOURNE OUTDOOR SWIMMING POOL

STATEMENT OF FINANCIAL POSITION 31 OCTOBER 2025

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
13
88,615
CURRENT ASSETS
Stocks
14
620
Cash at bank
124,062
124,682
CREDITORS
Amounts falling due within one year
15
(1,627)
NET CURRENT ASSETS
123,055
TOTAL ASSETS LESS CURRENT LIABILITIES
211,670
NET ASSETS
211,670
FUNDS
16
Unrestricted funds
Restricted funds
TOTAL FUNDS
Restricted
funds
£
26,250
-
-
-
-
-
26,250
26,250
2025
Total
funds
£
114,865
620
124,062
124,682
(1,627)
123,055
237,920
237,920
211,670
26,250
237,920
2024
Total
funds
£
124,236
620
90,956
91,576
(2,101)
89,475
213,711
213,711
185,061
28,650
213,711

The financial statements were approved by the Board of Trustees and authorised for issue on 22 May 2026 and were signed on its behalf by:

M J Delaine-Smith - Trustee

The notes form part of these financial statements

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BOURNE OUTDOOR SWIMMING POOL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

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 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 6

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BOURNE OUTDOOR SWIMMING POOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025

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 7

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BOURNE OUTDOOR SWIMMING POOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025

3.
DONATIONS AND LEGACIES
Notional donation
Donations and gift aid
Building renovation grants
All donations received were unrestricted.
4.
OTHER TRADING ACTIVITIES
General admission
Fun nights
Pool hire
Schools
Lockers and deckchairs
Catering franchise
Shop accessories
5.
INVESTMENT INCOME
Deposit account interest
6.
RAISING FUNDS
Raising donations and legacies
Staff costs
Rent, rates and water
Light and heat
Repairs and maintenance
Chemicals
Cleaning
Swimming accessories
Staff training
Depreciation
Loss on sale of assets
2025
£
2,582
10,735
-
13,317
2025
£
101,615
8,148
5,094
208
162
1,750
3,830
120,807
2025
£
1,392
2025
£
28,697
11,906
19,252
17,814
4,200
566
3,459
2,014
14,207
-
102,115
2024
£
2,435
5,764
15,000
23,199
2024
£
74,643
4,501
6,319
35
131
1,600
4,647
91,876
2024
£
1,837
2024
£
23,570
11,200
19,089
14,449
5,680
652
4,296
-
14,144
557
93,637

continued...

Page 8

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BOURNE OUTDOOR SWIMMING POOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025

6. RAISING FUNDS - continued

Other trading activities

2025
£
Support costs
9,192
Aggregate amounts
111,307
7.
SUPPORT COSTS
Governance
Other
costs
£
£
Other trading activities
6,610
2,582
8.
OTHER
2025
£
Support costs
9,192
2024
£
8,053
101,690
Totals
£
9,192
2024
£
8,053

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 October 2025 nor for the year ended 31 October 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 October 2025 nor for the year ended 31 October 2024.

10. STAFF COSTS

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

Lifeguards
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted

fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
8,199
Other trading activities
91,876
Investment income
1,837
Total
101,912
EXPENDITURE ON
Raising funds
99,290
NET INCOME
2,622
2025
9
Restricted
funds
£
15,000
-
-
15,000
2,400
12,600
2024
7
Total
funds
£
23,199
91,876
1,837
116,912
101,690
15,222

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

continued...

Page 9

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BOURNE OUTDOOR SWIMMING POOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
fund
£
RECONCILIATION OF FUNDS
Total funds brought forward
182,439
TOTAL FUNDS CARRIED FORWARD
185,061
Restricted
funds
£
16,050
28,650
Total
funds
£
198,489
213,711

12. 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 £2,582 (2024: £2,435). These fees are included as notional income and notional expenditure in the income and expenditure account.

13. TANGIBLE FIXED ASSETS

14.

Improvements
to
property
Equipment
£
£
COST
At 1 November 2024
151,952
86,001
Additions
-
4,836
At 31 October 2025
151,952
90,837
DEPRECIATION
At 1 November 2024
53,807
59,910
Charge for year
7,599
6,608
At 31 October 2025
61,406
66,518
NET BOOK VALUE
At 31 October 2025
90,546
24,319
At 31 October 2024
98,145
26,091
STOCKS
2025
£
Shop accessories and chemicals
620
Totals
£
237,953
4,836
242,789
113,717
14,207
127,924
114,865
124,236
2024
£
620

continued...

Page 10

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BOURNE OUTDOOR SWIMMING POOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025

15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Other creditors
16.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
Boiler
Pool resurfacing
Building renovation
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Boiler
Pool resurfacing
Building renovation
TOTAL FUNDS
2025
2024
£
£
-
190
1,627
1,911
1,627
2,101
Net
At
movement
At
1.11.24
in funds
31.10.25
£
£
£
185,061
26,609
211,670
4,000
(1,000)
3,000
10,400
(650)
9,750
14,250
(750)
13,500
28,650
(2,400)
26,250
213,711
24,209
237,920
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
135,516
(108,907)
26,609
-
(1,000)
(1,000)
-
(650)
(650)
-
(750)
(750)
-
(2,400)
(2,400)
135,516
(111,307)
24,209
2025
2024
£
£
-
190
1,627
1,911
1,627
2,101
Net
At
movement
At
1.11.24
in funds
31.10.25
£
£
£
185,061
26,609
211,670
4,000
(1,000)
3,000
10,400
(650)
9,750
14,250
(750)
13,500
28,650
(2,400)
26,250
213,711
24,209
237,920
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
135,516
(108,907)
26,609
-
(1,000)
(1,000)
-
(650)
(650)
-
(750)
(750)
-
(2,400)
(2,400)
135,516
(111,307)
24,209
2024
£
190
1,911
2,101
(2,400)
24,209

continued...

Page 11

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BOURNE OUTDOOR SWIMMING POOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025

16. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
At movement At
1.11.23 in funds 31.10.24
£ £ £
Unrestricted funds
General fund 182,439 2,622 185,061
Restricted funds
Boiler 5,000 (1,000) 4,000
Pool resurfacing 11,050 (650) 10,400
Building renovation - 14,250 14,250
16,050 12,600 28,650
TOTAL FUNDS 198,489 15,222 213,711
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 101,912 (99,290) 2,622
Restricted funds
Boiler - (1,000) (1,000)
Pool resurfacing - (650) (650)
Building renovation 15,000 (750) 14,250
15,000 (2,400) 12,600
TOTAL FUNDS 116,912 (101,690) 15,222
A current year 12 months and prior year 12 months combined position is as follows:
Net
At movement At
1.11.23 in funds 31.10.25
£ £ £
Unrestricted funds
General fund 182,439 29,231 211,670
Restricted funds
Boiler 5,000 (2,000) 3,000
Pool resurfacing 11,050 (1,300) 9,750
Building renovation - 13,500 13,500
16,050 10,200 26,250
TOTAL FUNDS 198,489 39,431 237,920

continued...

Page 12

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BOURNE OUTDOOR SWIMMING POOL

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025

16. MOVEMENT IN FUNDS - continued

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

Unrestricted funds
General fund
Restricted funds
Boiler
Pool resurfacing
Building renovation
TOTAL FUNDS
Incoming
resources
£
237,428
-
-
15,000
15,000
252,428
Resources
Movement
expended
in funds
£
£
(208,197)
29,231
(2,000)
(2,000)
(1,300)
(1,300)
(1,500)
13,500
(4,800)
10,200
(212,997)
39,431
Resources
Movement
expended
in funds
£
£
(208,197)
29,231
(2,000)
(2,000)
(1,300)
(1,300)
(1,500)
13,500
(4,800)
10,200
(212,997)
39,431
10,200
39,431

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 October 2025 nor for the year ended 31 October 2024.

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:
2025 2024
£ £
Financial liabilities measured at amortised cost
Trade creditors - 190

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 £1,392 (2024: £1,837) and £nil (2024: £nil) respectively.

Page 13