##
##
##
|~
Contents|||||||
|---|---|---|---|---|---|---|
|1.Legal and administrative|information||||||
|2.Introduction|||||||
|3.2022-2023 summary|||||||
|4.Governing
instrument|||||||
|5.Board ofTrustees|||||||
|6.Role ofthe Trustees|||||||
|7.Management
team and|staffing||||||
|8.Membership|||||||
|9.Major events timeline|||||||
|10.Aim 1—Learn to Swim|||||||
|11.Aim 2 —Community
Programme|||||||
|12.Aim 3 —Development|and|Performance||Programme||12|
|13.Aim 4 —Club development||programme||and engagement||16|
|14.Aim 5 —Lead role for swimming|||in Winchester|||16|
|15.Aim 6- Governance,
Structure,|||Equality|and Financial|sustainability|17|
|16.Operational
management||||||19|
|17.Financial management||||||19|
|18.Board approval||||||21|
|19.Statement ofTrustees|Responsibilities|||||22|
|20. Independent
examiners
report||||||23|
|21.Annual
financial statement||||||24|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Position|||Name||Hours|||
|---|---|---|---|---|---|---|---|
|CEO|||Grant Robins||Part-time|||
|Operations:||||||||
|Head of|Finance||Alison Crompton||Part-Time|||
|Membership
Officer|||Gemma|Campbell|Part-Time|||
|Lessons|Administrator||Donna Williams||Part-Time|||
|Finance|and|Operations|Vacant||TBC|||
|Assistant||||||||
|Coaching|and Teaching:|||||||
|Head Coach|||Ben Reid||Full-Time|||
|Assistant|Head Coach||Zoe Stemp||Full-Time|||
|Head of|Lessons||James Swatton||Full-Time|||
|Head of|Development||Tara Barklay||Full-Time|||
|Casual Hours Staff:||||||||
|16coaches|||||Part-Time|(2 of which|are|
|62 Teachers and||Helpers|||voluntary)|||
||||||part-Time|||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|||
||||2023|2023|2023|2022|
|||Notes|6|6|6|6|
|Income from:|||||||
|Donations
and legacies|||46,522|3,685|50,207|55,555|
|Charitable
activities||2|795,453|3,696|799,149|725,889|
|Other trading activities|||2,057||2,057|12,454|
|Investments|||896||896|27|
|Total income|||844,928|7,381|852,309|793,925|
|~Ex en Bg~|||||||
|Charitable
activities||3|751,485|5,410|756,895|762,707|
|Net income for the year/|||||||
|Net movement
in funds|||93,443|1,971|95,414|31,218|
|Fund balances at 1September|2022||179,017|15,257|194,274|163,056|
|Fund balances at 31August 2023|||272,460|17,228|289,688|194,274|
##
##
##
|Prior financial|year|||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds||
||||2022|2022|2022|
|||Notes||6|6|
|I090t0afmim||||||
|Donations
and|legacies||55,555||55,555|
|Charitable
activities|||719,037|6,852|725,889|
|Other trading|activities||12,454||12,454|
|Investments|||27||27|
|Totalincome|||787,073|6,852|793,925|
|~Ex 80ILi~re on:||||||
|Charitable
activities|||757,768|4,939|762,707|
|Net income for the year/||||||
|Net movement|in funds||29,305|1,913|31,218|
|Fund balances|at 1September 2021||149,712|13,344|163,056|
|Fund balances|at 31August 2022||179,017|15,257|194,274|
##
##
|||||2023||2022||
|---|---|---|---|---|---|---|---|
||||Notes|6||f||
|Fixed assets||||||||
|Tangible assets|||||2,083||397|
|Current assets||||||||
|Debtors||||101,266||32,802||
|Cash at bank and in|hand|||386,797||335,392||
|||||488,063||368,194||
|Creditors: amounts|falling due within||9|||||
|one year||||(200,458)||(174,317)||
|Net current assets|||||287,605||193,877|
|Total assets less current liabilities|||||289,688||194,274|
|Income funds||||||||
|Restricted funds|||||17,228||15,257|
|Unrg~r' ~~ns||||||||
|Designated
funds|||10|70,000||||
|General unrestricted|funds|||202,460||179,017||
||||||272,460||179,017|
||||||289,688||194,274|
|The accounts were approved||by the Trustees on ......I3.!!..i.&.~'r||||||
||||&ic~ ~o~~i|||||
##
##
##
##
|||||2023|||2022||
|---|---|---|---|---|---|---|---|---|
||||Notes|6||6|||
|Cash flows from operating|activities||||||||
|Cash generated
from operations|||14||53,634|||36,334|
|Investing activities|||||||||
|Purchase oftangible fixed|assets|||(3,125)|||||
|Investment
income received||||896||27|||
|Net cash (used in)/generated||from|||||||
|investing activities|||||(2,229)|||27|
|Net cash used in financing|activities||||||||
|Net increase
in cash and cash||equivalents|||51,405|||36,361|
|Cash and cash equivalents|at|beginning|ofyear||335,392|||299,031|
|Cash and cash equivalents|at|end ofyear|||386,797|||335,392|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||2023|2022|
|---|---|---|---|
|||E|E|
|Swimming|lessons|339,232|355,442|
|Gala and|open meet|174,848|121,642|
|Training fees||275,038|240,374|
|Other income||10,031|8,431|
|||799,149|725,889|
##
##
##
|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|2023|2022|
|||2021|2021|||
|||f||||
|Staff costs||328,801||328,801|337,095|
|Depreciation||1,439||1,439|398|
|Goods for resale||2,563||2,563|1,629|
|Gym hire||540||540|2,867|
|Pool costs||266,773||266,773|272,342|
|Other lesson costs||1,070|2,340|3,410|2,345|
|Gala costs||101,285|3,070|104,355|79,225|
|Training||26,207||26,207|34,734|
|Administration||13,878||13,878|9,674|
|Travel||628||628|1,289|
|Bank charges||91||91|85|
|Accountancy||6,720||6,720|6,930|
|Bad debt||150||150|364|
|Legal and professional|fees|1,340||1,340|13,730|
|||751,485|5,410|756,895|762,707|
##
##
##
##
##
|The averag|e
monthly
number ofemployees
during|the year was:||
|---|---|---|---|
|||2023|2022|
|||Number|Number|
|Charitable|Activities|78|86|
|Employment
costs||2023|2022|
|||f|f|
|Wages and|salaries|313,584|323,487|
|Socialsecurity costs||11,651|10,405|
|Other pension costs||3,566|3,203|
|||328,801|337,095|
##
##
##
|7|Tangible fixed assets|Tangible fixed assets||||
|---|---|---|---|---|---|
|||||Fixtures,|fittings L|
|||||equipment||
||Cost|||||
||At 1September
2022||||5,561|
||Additions||||3,125|
||Disposals||||(2,132)|
||At 31August|2023|||6,554|
||Depreciation|and impairment||||
||At 1September
2022||||5,164|
||Depreciation|charged|in the year||1,439|
||Eliminated
in|respect|ofdisposals||(2,132)|
||At 31August|2023|||4,471|
||Carrying amount|||||
||At 31August|2023|||2,083|
||At 31August|2022|||397|
|8|Debtors|||||
|||||2023|2022|
||Amounts
falling due||within one year:|E|E|
||Other debtors|||81,041|32,802|
||Prepayments|and accrued income||20,225||
|||||101,266|32,802|
##
##
##
##
|Creditors: amounts
falling due within one year|||
|---|---|---|
||2023|2022|
||6|6|
|Other taxation and social security|4,510|3,846|
|Deferred income|178,106|155,358|
|Other creditors|872|4,817|
|Accruals|16,970|10,296|
||200,458|174,317|
##
##
||||Balance at|Incoming|Resources|Transfers|Balance at|
|---|---|---|---|---|---|---|---|
|||1|September|resources|expended||31August 2023|
||||2022|||||
|Growth|fund|||||70,000|70,000|
|||||||70,000|70,000|
##
##
|||Movement|in funds|||
|---|---|---|---|---|---|
||Balance at1|Income|Expenditure|Transfers|Balance at31|
||September||||August 2023|
||2022|||||
|Project Fundraising|5,613|1,218|(2,340)||4,491|
|Community||||||
|Projects (formerly||||||
|Gala income)|9,644|6,163|(3,070)||12,737|
||15,257|7,381|(5,410)||17,228|
||Balance at1|Income|Expenditure|Transfers|Balance at 31|
||September||||August 2022|
||2021|||||
|Project Fundraising|4,477|1,136|||5,613|
|Community||||||
|Projects (formerly||||||
|Gala income)|8,867|5,716|(4,939)||9,644|
||13,344|6,852|(4,939)||15,257|
##
##
##
|12|Analysis ofnet assets between|funds||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds||
||||2023|2023|2023|
||||f|f|f|
||Fund balances at31August 2023 are|||||
||represented
by:|||||
||Tangible assets||2,083||2,083|
||Current assets/(liabilities)||270,377|17,228|287,605|
||||272,460|17,228|289,688|
||||Unrestricted|Restricted|Total|
||||funds|funds||
||||2022|2022|2022|
||||f|f|f|
||Fund balances at 31August 2022 are|||||
||are represented
by:|||||
||Tangible assets||397||397|
||Current assets/(liabilities)||178,620|15,257|193,877|
||||179,017|15,257|194,274|
|||2023|2022|
|---|---|---|---|
|||f||
|Aggregate|compensation|99,159|93,403|
##
##
##
|14|Cash generated
from operations|Cash generated
from operations|Cash generated
from operations|Cash generated
from operations|||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||||f|f|
||Surplus for the year||||||95,414|31,218|
||Adjustments
for:||||||||
||Investment
income|recognised||in statement offinancial||activities|(896)|(27)|
||Depreciation
and impairment||oftangible||fixed assets||1,439|398|
||Movements
in working capital:||||||||
||(Increase)/decrease|in debtors|||||(68,464)|190|
||Increase in creditors||||||3,393|5,423|
||Increase/(decrease)|in deferred||income|||22,748|(868)|
||Cash generated
from operations||||||53,634|36,334|