REGISTERED COMPANY NUMBER: 08462254 (England and Wales) REGISTERED CHARITY NUMBER: 1153744
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024
FOR
HEBDEN ROYD & DISTRICT SWIMMING POOL ASSOCIATION LIMITED
Cresswells 12 Market Street Hebden Bridge West Yorkshire HX7 6AD
HEBDEN ROYD & DISTRICT SWIMMING POOL ASSOCIATION LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024
| Page | Page | Page | |
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 10 |
| Detailed Statement of Financial Activities | 11 |
HEBDEN ROYD & DISTRICT SWIMMING POOL ASSOCIATION LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2024. 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
Context
In April 2023, the start of our financial year, Richard Marshall, a key trustee, had died recently, leaving the charity with three trustees, two of whom were over ninety. One of the three trustees, Margaret Blakeley died in the summer of 2023. The Association was still reeling from the after effects of COVID and the decision of the Mytholmroyd Community Centre not to allow development of a pool in their car park.
In September 2023, Nick Wilding and Dorothy Sutcliffe with help from Caroline Kindy and Maggie Smallwood, drew together a meeting of people interested in swimming. An outcome from this meeting was a draft vision and values document and people willing to drive development of an outdoor natural pool.
At the 2023 Annual General meeting, the two surviving directors, Nick Wilding and Dorothy Sutcliffe resigned and successfully sought re-election. Louise Hepplestone, Clara Collett and Maggie Smallwood applied and were appointed as directors. The vision and values statement was adopted by the Charity and two priorities were identified for the coming year - community consultation and finding a site for a natural pool.
Finding a site
By January 2024, the board had agreed on a set of criteria against which we would score potential sites. Ideally we wanted a flattish site above the floodplain with sufficient space for a pool and some play space, near to centres of population, easily accessed by public transport but with some parking, few neighbours, likely to be allowed planning permission and where we could acquire the land at a reasonable cost. Our ambition was to have a shortlist of three sites by the summer of 2024.
By March we had identified 14 potential sites within the Hebden Royd District and visited several of these. The key barriers were (1) finding land which people were prepared to sell, (2) accessibility and (3) planning issues. By March 2024 we had discarded four sites as impossible. We had started discussion with three land owners, including Calderdale Council, over the nine others and were seeking to find the owner of one more.
Community Engagement
The board recognised that we needed to engage with a wide range of community stakeholders over our new vision and values. This work was led by Louise Hepplestone.
The launch of our Facebook page in January 2024 was met with huge enthusiasm attracting over a thousand followers within the first few days. In addition to our own page, we have posted occasionally on local groups in Mytholmroyd and Hebden Bridge. Whilst the response on Facebook has been overwhelmingly positive, we have had some negative comments from a few people who feel we should be trying to build an indoor heated pool
We held focus groups with a wide range of stakeholders including secondary school children, sports groups, mothers and toddlers. The feedback from these groups has been consistently supportive and has helped us understand the priorities of different parts of the community. Stalls for instance in the town hall and Hebden Bridge cinema, have allowed us to engage with interested members of the general public, widening our network.
At an early stage, we engaged with Hebden Disability Forum and have been taking their advice on both our communications and their thoughts on design for the pool. We will continue to engage with organisations representing people with limited mobility.
Finally, we published an online consultation questionnaire which has given us quantitative and qualitative information on the needs and wishes of a range of potential users of the pool.
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HEBDEN ROYD & DISTRICT SWIMMING POOL ASSOCIATION LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024
OBJECTIVES AND ACTIVITIES
Policy
The board have worked on development of policies for the safe and legal administration of the charity. In January 2024 a list of the policies we needed was agreed and by March 2024 policies for managing Safeguarding, Equality and Diversity, Finance, Procurement, Investment and Conflict of Interests, had been adopted.
Communications
We published a simple website in January 2024 and started to distribute a quarterly newsletter. Over the spring of 2024 we developed leaflets, boards and business cards for use at information stalls. A communications strategy was adopted in March 2024.
Volunteers
By March 2024 we had an active group of 22 members and volunteers who have been helping us with distributing leaflets, developing policy, running workshops and social media.
FINANCIAL REVIEW
Reserves policy
The Charity is keeping its reserves until the swimming pool is built.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
08462254 (England and Wales)
Registered Charity number
1153744
Registered office
12 Market Street Hebden Bridge West Yorkshire HX7 6AD
Trustees
N J Wilding Company Director Mrs D Sutcliffe Company Director Mrs M Blakeley Retired (resigned 7.3.24) Miss C J Collett Trustee (appointed 14.11.23) Dr M F Smallwood Trustee (appointed 14.11.23) Mrs A L Heppleston Trustee (appointed 14.11.23)
Independent Examiner
Cresswells 12 Market Street Hebden Bridge West Yorkshire HX7 6AD
Approved by order of the board of trustees on 19th November 2024 and signed on its behalf by:
N J Wilding - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HEBDEN ROYD & DISTRICT SWIMMING POOL ASSOCIATION LIMITED
Independent examiner's report to the trustees of Hebden Royd & District Swimming Pool Association Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st March 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
J Dakin
Cresswells 12 Market Street Hebden Bridge West Yorkshire HX7 6AD
19th November 2024
Page 3
HEBDEN ROYD & DISTRICT SWIMMING POOL ASSOCIATION LIMITED
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2024
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 20,000 Investment income 2 9,227 Total 29,227 EXPENDITURE ON Raising funds 3 11,235 Other - Total 11,235 Net gains/(losses) on investments 57,165 NET INCOME/(EXPENDITURE) 75,157 RECONCILIATION OF FUNDS Total funds brought forward 886,535 TOTAL FUNDS CARRIED FORWARD 961,692 |
Restricted fund £ - - - - - - - - - - |
2024 Total funds £ 20,000 9,227 29,227 11,235 - 11,235 57,165 75,157 886,535 961,692 |
2023 Total funds £ - 9,975 9,975 8,811 445 9,256 (76,318) (75,599) 962,134 886,535 |
|---|---|---|---|
The notes form part of these financial statements
Page 4
HEBDEN ROYD & DISTRICT SWIMMING POOL ASSOCIATION LIMITED
BALANCE SHEET 31ST MARCH 2024
| Notes FIXED ASSETS Investments 7 CURRENT ASSETS Debtors 8 Cash at bank CREDITORS Amounts falling due within one year 9 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 10 Unrestricted funds TOTAL FUNDS |
Unrestricted fund £ 876,534 6,842 79,007 85,849 (691) 85,158 961,692 961,692 |
Restricted fund £ - - - - - - - - |
2024 Total funds £ 876,534 6,842 79,007 85,849 (691) 85,158 961,692 961,692 961,692 961,692 |
2023 Total funds £ 798,072 6,841 82,307 89,148 (685) 88,463 886,535 886,535 886,535 886,535 |
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 19th November 2024 and were signed on its behalf by:
N J Wilding - Trustee
The notes form part of these financial statements
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HEBDEN ROYD & DISTRICT SWIMMING POOL ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, 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 Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
The financial statements are presented in Sterling which is the functional currency of the company and rounded to the nearest £.
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.
Taxation
The charity is exempt from corporation 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 charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Other fixed asset invest - FII | 9,227 | 9,975 |
continued...
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HEBDEN ROYD & DISTRICT SWIMMING POOL ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024
3. RAISING FUNDS
| Raising donations and legacies Venue hire Advertising Support costs Investment management costs Portfolio management Aggregate amounts 4. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Venue hire |
2024 £ 306 503 820 1,629 2024 £ 9,606 11,235 2024 £ 306 |
2023 £ - - - - 2023 £ 8,811 8,811 2023 £ - |
|
|---|---|---|---|
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st March 2024 nor for the year ended 31st March 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31st March 2024 nor for the year ended 31st March 2023.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted fund £ INCOME AND ENDOWMENTS FROM Investment income 9,975 EXPENDITURE ON Raising funds 8,811 Other 445 Total 9,256 Net gains/(losses) on investments (76,318) |
Restricted fund £ - - - - - |
Total funds £ 9,975 8,811 445 9,256 (76,318) |
|---|---|---|
continued...
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HEBDEN ROYD & DISTRICT SWIMMING POOL ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024
| 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ NET INCOME/(EXPENDITURE) (75,599) RECONCILIATION OF FUNDS Total funds brought forward 962,134 TOTAL FUNDS CARRIED FORWARD 886,535 7. FIXED ASSET INVESTMENTS MARKET VALUE At 1st April 2023 Additions Disposals Revaluations At 31st March 2024 NET BOOK VALUE At 31st March 2024 At 31st March 2023 There were no investment assets outside the UK. 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accrued expenses 10. MOVEMENT IN FUNDS At 1.4.23 £ Unrestricted funds General fund 886,535 TOTAL FUNDS 886,535 |
- continued Restricted Total fund funds £ £ - (75,599) - 962,134 - 886,535 Listed investments £ 798,072 498,649 (477,352) 57,165 876,534 876,534 798,072 2024 2023 £ £ 6,842 6,841 2024 2023 £ £ 691 685 Net movement At in funds 31.3.24 £ £ 75,157 961,692 75,157 961,692 |
|---|---|
continued...
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HEBDEN ROYD & DISTRICT SWIMMING POOL ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024
10. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 29,227 | (11,235) | 57,165 | 75,157 |
| TOTAL FUNDS | 29,227 | (11,235) | 57,165 | 75,157 |
Comparatives for movement in funds
| Unrestricted funds General fund TOTAL FUNDS |
At 1.4.22 £ 962,134 962,134 |
Net movement in funds £ (75,599) (75,599) |
At 31.3.23 £ 886,535 886,535 |
|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds | Incoming Resources Gains and resources expended losses £ £ £ |
Movement in funds £ |
|---|---|---|
| General fund | 9,975 (9,256) (76,318) |
(75,599) |
| TOTAL FUNDS | 9,975 (9,256) (76,318) |
(75,599) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.4.22 £ 962,134 962,134 |
Net movement in funds £ (442) (442) |
At 31.3.24 £ 961,692 961,692 |
|---|---|---|---|
continued...
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HEBDEN ROYD & DISTRICT SWIMMING POOL ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024
10. 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:
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 39,202 | (20,491) | (19,153) | (442) |
| TOTAL FUNDS | 39,202 | (20,491) | (19,153) | (442) |
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st March 2024.
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HEBDEN ROYD & DISTRICT SWIMMING POOL ASSOCIATION LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2024
| INCOME AND ENDOWMENTS Donations and legacies Legacies Investment income Other fixed asset invest - FII Total incoming resources EXPENDITURE Raising donations and legacies Venue hire Advertising Investment management costs Portfolio management Support costs Finance Sundries Governance costs Accountancy and legal fees Total resources expended Net income before gains and losses Realised recognised gains and losses Realised gains/(losses) on fixed asset investments Net income/(expenditure) |
2024 £ 20,000 9,227 29,227 306 503 809 9,606 100 720 11,235 17,992 57,165 75,157 |
2023 £ - 9,975 9,975 - - - 8,811 85 360 9,256 719 (76,318) (75,599) |
|---|---|---|
This page does not form part of the statutory financial statements
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