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2023-08-31-accounts

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Mildenhall and District Swimming Club

Accounts for the year ended 31 August 2023

Mildenhall and District Swimming Club

Accounts Year ended 31 August 2023


Index
Page
Income and expenditure account ........................................................... 2
Balance sheet ......................................................................................... 3
Accountant’s report ............................................................................... 4

1

Mildenhall and District Swimming Club

Income and expenditure account Year ended 31 August 2023


2023 2022
Income Expenditure Net Net
£ £ £ £
Income
Membership 2,380 - 2,380 3,041
Squad training 22,013 - 22,013 18,162
Lesson swims 20,315 - 20,315 16,494
Open meeting and galas 798 - 798 28
Grants & fundraising 1,438 - 1,438 5,571
Tax refunds etc. - - - 739
__ __ __ ____
Total income 46,944 - 46,944 44,035
__ __ __ ____
Outgoings
Pool hire - 34,811 34,811 27,451
Coaching - 4,982 4,982 2,822
Kit fund 1,146 1,291 145 31
Administration expenses - 313 313 650
Registration - 3,498 3,498 3,630
Trophies and badges 141 1,941 1,800 940
Outings and parties - 877 877 -
Insurance - 284 284 357
Courses - 1,398 1,398 2,136
__ __ __ ____
Total outgoings 1,287 49,395 48,108 38,017
__ __ __ ____
Net (deficit)/surplus for the year (1,164) 6,018
__ ____

2

Mildenhall and District Swimming Club

Balance sheet At 31 August 2023


2023 2022
£ £ £ £
Current assets
Bank and cash balances 10,807 11,883
Prepayments - -
______ ______
10,807 11,883
Current liabilities
Accruals 1,774 1,686
______ ______
Net current assets 9,033 10,197
______ ______
Net assets 9,033 10,197
______ ______
Accumulated fund
Brought forward 10,197 4,179
(Deficit)/surplus for the year (1,164) 6,018
______ ______
9,033 10,197
______ ______

The accounts on pages 2 and 3 were approved by the committee on 11 October 2023 and were signed on its behalf by:

BM Prince Treasurer

3

Accountant’s report on the unaudited accounts of the Mildenhall and District Swimming Club


In accordance with instructions given to me I have prepared, without carrying out an audit, the accounts for the year ended 31 August 2023 set out on pages 2 and 3 from the accounting records of the Mildenhall and District Swimming Club and from the information and explanations supplied to me and confirm that they are in accordance therewith.

John Waller ACA

Date: 11 October 2023

59 Bluebell Road Isleham Ely Cambs CB7 7AA

4

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Mildenhall and District Swimmimg Club

Trustees’ Annual Report

Year ended 31 August 2023

Mildenhall and District Swimmimg Club

Trustees’ Annual Report Year ended 31 August 2023


Reference and administration details

Charity name Registered charity number

Mildenhall and District Swimmimg Club

1154407

Trustees

Mr R Garry Mr B Prince Mr J Browne Ms S Russell

Correspondence address

1 The Meadows Worlington Bury St Edmunds Suffolk IP28 8SH

Bankers

Santander UK plc

Accountant

John Waller 6 Hurts Croft Fordham Ely Cambs CB7 5NB

Structure, governance and management

Type of governing document

Constitution adopted 9 October 2013 as amended on 24 May 2019

Objectives and activities

Summary of the objectives of the charity set out in its governing document

The promotion of community participation in healthy recreation for the benefit of the inhabitants of mildenhall and surrounding area by providing facilities for the teaching and practice of swimming and other associated water sports activities

Summary of the main activities undertaken for the public benefit in relation to these objectives and achievements of the charity during the year

The charity has continued with its primary aims of providing facilities for the teaching and practice of swimming and other associated water sports activities with swimming lessons, training and galas being held throughout the year.

1

Mildenhall and District Swimmimg Club

Trustees’ Annual Report Year ended 31 August 2023


Brief statement of the charity’s At the 31 August 2023, the charity held cash at bank policy on reserves and in hand of £9,033, of which £8,475 is unrestricted and this is a reasonable sum to meet any ongoing expenditure that may occur. Details of any funds materially in Not Applicable Deficit

The above Trustees’ Report together with the accounts were approved by the Board of Trustees on 18 October 2023 and signed on its behalf by:

Rob Garry – Trustee & Chair

2