Charity No. 1154780
CALON TYSUL
Report and Financial Statements
31 March 2025
D N Accounting Solutions
Maesteg Drefach Felindre Llandysul SA44 5UY
CALON TYSUL
REPORT AND FINANCIAL STATEMENTS
| CONTENTS | Page |
|---|---|
| Report of the Board of Management | 2 |
| Chartered Accountant's Report | 3 |
| Charperson's Statment | 4 |
| Statement of Financial Activities | 5 |
| Balance sheet | 6 |
| Notes to the accounts | 7 |
1
CALON TYSUL
REPORT OF THE BOARD OF MANAGEMENT
The Board of Management present their annual report and the unaudited financial statements for the period ended 31 March 2025
PRINCIPAL ACTIVITIES
The principal activity of the charity is to operate the Calon Tysul for the benefit of the schools and inhabitants of Llandysul and the surrounding area.
REVIEW OF ACTIVITIES
Calon Tysul continues to be a popular facility for locals and visitors and provides an important service in the area for all ages. It allows children to learn to swim in a safe and controlled environment and then to use the skills acquired for recreational and sporting activity. Older visitors take advantage of the undoubted benefits of swimming to health and physical well being. The sports hall is becoming more and more busy with activities for all ages, facilities for local sports teams over the winter months, and a warm and welcoming environment for local people to socialise and keep active all through the year.
By order of the board of management:
Chairperson
Date:
2
CALON TYSUL
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF CALON TYSUL
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
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:
-
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.
1[st] December 2025
Deborah Needham, ACA (ICAEW)
DN Accounting Solutions,
Maesteg
Drefach Felindre
Llandysul, SA44 5UY
3
CALON TYSUL
STATEMENT OF FINANCIAL ACTIVITIES 31 March 2025
This is my twelfth report as Chairman of Calon Tysul — marking 12 years since the emergency meeting in Tysul Hall when it was announced that the pool would close. I remain immensely proud of the trustees and staff, past and present, who have done everything possible not only to keep the centre open but also to continue offering such a wide range of fantastic classes and activities.
Financial Year Overview
The period from April 2024 to March 2025 has been a relatively settled year for Calon Tysul. Our photovoltaic panels and air source heating systems continue to help keep our running costs lower, which has been invaluable in the current climate.
We were also very fortunate to receive a £25,000 grant from the Postcode Lottery, which provided vital support to help us stay afloat.
Support and Funding
Our continued thanks go to Brechfa West Windfarm and Statkraft for their ongoing support. Thanks to their contributions, we have been able not only to keep the centre open but also to expand our timetable and offer more sessions to the community.
As always, balancing the books remains a challenge, particularly as we receive no financial contribution from Ceredigion County Council towards running costs.
We are deeply grateful to the individuals within our community who stepped in to help during particularly difficult financial times — without that support, the centre may well have had to close its doors. Our thanks also go to Llandysul Community Council for its continued grant funding, which remains crucial to keeping the centre running.
Acknowledgements
Special thanks to John Mills for his work in organising the New Year’s Eve Race as well as weekly sessions at Calon Tysul, John continues to raise much-needed funds each year for us. Thanks also to Joan for all her dedication and the wonderful classes she leads at Calon Tysul.
The Swim Club continues to go from strength to strength, maintaining its regular weekly sessions and providing an excellent link between swimming lessons and competitive swimming. Our after-school Swim School is also thriving, with over 200 young swimmers each week — a truly remarkable achievement.
Staff and Operations
The staffing team at Calon Tysul have once again done an outstanding job. Martin and his team continue to broaden the range of activities available while working tirelessly to keep running costs as low as possible. I would also like to express my appreciation to DN Accounting Solutions for their professional support in managing our accounts again this year.
Looking Ahead
After a challenging 12 months, I am pleased to report that we remain afloat. The coming year will undoubtedly bring further financial pressures, but with our dedicated team of trustees, staff, sponsors, and fundraising volunteers, I am confident that we will meet these challenges head-on.
Thank you once again to everyone who supports and uses Calon Tysul — your involvement keeps this invaluable community facility alive and thriving.
Gareth Bryant
Chair, Calon Tysul
4
CALON TYSUL
STATEMENT OF FINANCIAL ACTIVITIES 31 March 2025
| Year to | Year to | Year to | Year to | ||
|---|---|---|---|---|---|
| 31 March | 31 March | 31 March | 31 March | ||
| 2025 | 2025 | 2024 | 2024 | ||
| Note | |||||
| £ | £ | £ | £ | ||
| INCOMING RESOURCES | |||||
| Incoming Resources from Generated Funds | |||||
| Grants | 2 | 45,505 | 127,630 | ||
| Investment Income – Interest Received | 417 | 323 | |||
| 45,922 | 127,953 | ||||
| Incoming Resources from Charitable Activities | |||||
| Usage Fees | 3 | 171,179 | 146,999 | ||
| Other Incoming Resources | 4 | 25,273 | 18,562 | ||
| 196,452 | 165,561 | ||||
| Total Incoming Resources | 242,374 | 293,514 | |||
| Resources Expended | |||||
| Direct Charitable Expenditure | 5 | 234,226 | 299,137 | ||
| Management & Administration | 6 | 14,032 | 16,481 | ||
| Total Resources Expended | 248,258 | 315,618 | |||
| Net Resource Expended and Movement of Funds | (5,884) | (22,104) | |||
| Balance Brought Forward | 4,805 | 26,909 | |||
| Balance Carried Forward | (1,079) | 4,805 |
All funds are unrestricted.
5
CALON TYSUL
BALANCE SHEET 31 March 2025
| 31 March | 31 March | 31 March | 31 March | ||
|---|---|---|---|---|---|
| 2025 | 2025 | 2024 | 2024 | ||
| Note | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 7 | - | - | ||
| CURRENT ASSETS | |||||
| Stock | - | - | |||
| Debtors | 8 | 21,401 | 17,596 | ||
| Cash at Bank and in Hand | 11,684 | 31,181 | |||
| CREDITORS:amounts falling due within one year | 9 | (14,164) | (23,972) | ||
| NET CURRENT ASSETS | 18,921 | 24,805 | |||
| CREDITORS:amounts falling due after one year | 10 | (20,000) | (20,000) | ||
| NET ASSETS/(LIABILITIES) | (1,079) | 4,805 | |||
| CAPITAL AND RESERVES | |||||
| Accumulated Surplus/(Deficit) | (1,079) | 4,805 | |||
| SHAREHOLDERS’ FUNDS | (1,079) | 4,805 |
The notes on pages 7 to 11 form part of these financial statements.
These financial statements were approved by the board of management on 2025 and were signed on its behalf by :
Chairperson
6
CALON TYSUL
NOTES TO THE ACCOUNTS Year ended 31 March 2025
1. ACCOUNTING POLICIES
The financial statements are prepared in accordance with applicable United Kingdom accounting standards. The particular accounting policies adopted are described below. All accounting policies have been applied consistently throughout the current and preceding periods.
Basis of accounting
The financial statements have been prepared under the historical cost convention and in accordance with applicable law and United Kingdom accounting standards.
Turnover
Turnover is the total amount, receivable as revenue grants and swimming fees, together with sundry income from peripheral activities.
Tangible Fixed Assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Furniture, Fixtures & Fittings - 10 years
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2. INCOMING RESOURCES FROM GENERATED FUNDS
| Year to | Year to | |
|---|---|---|
| 31 March | 31 March | |
| 2025 | 2024 | |
| £ | £ | |
| Grants | 26,145 | 110,206 |
| Other Government Grants | 6,000 | - |
| Free Swims | 4,000 | 6,761 |
| School Swimming Lessons | 9,360 | 10,663 |
| 45,505 | 127,630 |
7
CALON TYSUL
NOTES TO THE ACCOUNTS Year ended 31 March 2025
3 INCOMING RESOURCES FROM CHARITABLE ACTIVITIES
| Usage Fees Private Hire Admissions Courses Events Lessons Membership Income Sundries |
31 March 2025 £ 35,035 36,966 900 - 62,232 36,046 - 171,179 |
31 March 2024 £ 26,228 26,624 2,342 - 63,253 28,552 - |
|---|---|---|
| 146,999 |
4 OTHER INCOMING RESOURCES
| Donation and Sponsored Events Shop Sales |
Unrestricted Funds 31 March 2025 £ 31 March 2024 £ 24,595 17,301 678 1,261 25,273 18,562 |
Unrestricted Funds 31 March 2025 £ 31 March 2024 £ 24,595 17,301 678 1,261 25,273 18,562 |
|---|---|---|
| 18,562 |
8
CALON TYSUL
NOTES TO THE ACCOUNTS Year ended 31 March 2025
5 DIRECT CHARITABLE EXPENDITURE
| Wages and Salaries Water Charges Purchase of shop stock Heating and Lighting Repair Costs Purchases of consumables Training costs Depreciation |
31 March 2025 £ 168,327 6,512 639 33,839 15,653 6,301 2,955 - 234,226 |
31 March 2024 £ , 138,007 6,081 451 35,349 109,705 3,848 5,696 - |
|---|---|---|
| 299,137 |
6 MANAGEMENT AND ADMINISTRATION
| Office Costs: Insurance Telephone and Internet Postage and Stationary Marketing Accountancy Fees Consultancy Fees Legal Fees Sundry Expenses |
Unrestricted Funds 31 March 2025 £ 31 March 2024 £ 5,798 5,617 1,104 1,057 221 456 - 2,269 818 818 - - - - 6,091 6,264 14,032 16,481 |
Unrestricted Funds 31 March 2025 £ 31 March 2024 £ 5,798 5,617 1,104 1,057 221 456 - 2,269 818 818 - - - - 6,091 6,264 14,032 16,481 |
|---|---|---|
| 16,481 |
9
CALON TYSUL
NOTES TO THE ACCOUNTS Year ended 31 March 2025 7 FIXED ASSETS
| Swimming Pool £ Furniture, Fixtures & Fittings £ Computer Equipment £ Plant & Equipment £ Cost As at 31stMarch 2024 55,300 125,383 1,755 345 Additions - - - - Disposals - - - - As at 31stMarch 2025 55,300 125,383 1,755 345 Depreciation As at 31stMarch 2024 55,300 125,383 1,755 345 Charge for year - - - - As at 31stMarch 2025 55,300 125,383 1,755 345 Net Book Value As at 31stMarch 2024 - - - - As at 31stMarch 2025 - - - - |
Total £ 182,783 - |
|---|---|
| 182,783 | |
| 182,783 - |
|
| 182,783 | |
| - | |
| - |
8 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade Debtors Other Debtors VAT Prepayments |
31 March 2025 £ 11,486 197 - - 11,683 |
31 March 2024 £ 16,115 235 1,246 - |
|---|---|---|
| 17,596 |
10
CALON TYSUL
NOTES TO THE ACCOUNTS Year ended 31 March 2025
| 9 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade Creditors PAYE Payable Deferred Grant Income Other Creditors VAT 10 CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR Loan |
31 March 2025 £ 9,653 2,193 - 1,497 821 14,164 31 March 2025 £ 20,000 |
31 March 2024 £ 21,744 1,971 - 257 - |
|---|---|---|
| 23,972 | ||
| 31 March 2024 £ 20,000 |
This loan is a long-term Trustee Loan with no repayment date and is on a no interest basis.
11