| CONTENTS | PAGE | ||
|---|---|---|---|
| Trustees' report and statement |
oftrustees' | responsibilities | |
| Independent examiner's report |
to the trustees | ||
| Statement offinancial activities |
|||
| Balance sheet | |||
| Notes to the financial statements | 5-6 | ||
| The following pages do | not form part ofthe financial statements | ||
| Detailed statement offinancial |
activities |
| YEAR END | ED 31AUGUST 20 | 21 | |
|---|---|---|---|
| 2021 | 2020 | ||
| Note | E | ||
| INCOME | 131,726 | 173,119 | |
| Cost ofgenerating income |
135,310 | 163,043 | |
| Administrative expenses |
26,912 | 32,834 | |
| Other operating income |
16,935 | 15,387 | |
| NET INCOME FOR THE YEAR | (13,561) | (7,371) | |
| RECONCILIATION OF FUNDS |
|||
| Total funds brought forward |
91,827 | 99,198 | |
| Tota I funds carried forwa rd |
78,266 | 91,827 |
| BALANCE | BALANCE | SHEET | |||||
|---|---|---|---|---|---|---|---|
| YEAR | ENDED | 31 | AUGUST | 2021 | |||
| Note | 2021 | 2020 | |||||
| FIXED ASSETS | |||||||
| Tangible assets | 14,557 | 3,857 | |||||
| CURRENT ASSETS | |||||||
| Debtors | 29,844 | 13,749 | |||||
| Cash at bank and in hand | 111,737 | 100,501 | |||||
| 141,581 | 114,250 | ||||||
| CREDITORS: Amounts | falling due within one year | ||||||
| Creditors | 4 | 77,872 | 26,280 | ||||
| NET CURRENT ASSETS | 63,709 | 87,970 | |||||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 78,266 | 91,827 | |||||
| CAPITAL AND RESERVES | |||||||
| Surplus funds |
78,266 | 91,827 |
| 4. | CREDITORS: | CREDITORS: | Amounts | falling | due | within | one | year | 2021 | 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| f | f | |||||||||
| Creditors | 1,797 | |||||||||
| Payments | on | account | 2,179 | 2,725 | ||||||
| AccruaIs | and | deferred | income | 75,693 | 21,758 | |||||
| 77,872 | 26,280 |
| 2021 | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|
| INCOME | ||||||
| Squad fees | 81,202 | 81,986 | ||||
| Swim school | 28,686 | 47,203 | ||||
| Water polo income | 7,275 | 7,701 | ||||
| Gala income | 19,596 | |||||
| Membership fees |
14,104 | 14,633 | ||||
| Swim shop income | 459 | 888 | ||||
| Sweets income | 1,112 | |||||
| 131,726 | 173,119 | |||||
| COSTS OF GENERATING | INCOME | |||||
| Coaching fees | 80,902 | 89,860 | ||||
| Pool hire and land training | 54,061 | 61,400 | ||||
| Gala costs | 8,539 | |||||
| Water polo league and competition | costs | 30 | 355 | |||
| Swim shop expenses | 317 | 2,183 | ||||
| Sweets purchases | 706 | |||||
| 135,310 | 163,043 | |||||
| GROSS SURPLUS | 3,584 | 10,076 | ||||
| -2.7% | 5.8% | |||||
| OTHER INCOME | ||||||
| Grants received | 970 | |||||
| Other income | 183 | 2,760 | ||||
| Donations/sponsorship | 13,269 | 7,956 | ||||
| Gift aid | 3,403 | 3,616 | ||||
| Interest received | 80 | 85 | ||||
| 16,935 | 15,387 | |||||
| OVERHEADS | ||||||
| Away meet costs | 158 | 3,905 | ||||
| General gala costs | 18 | |||||
| Insurance | 748 | 969 | ||||
| Advertising | 62 | |||||
| Equipment repairs and renewals |
802 | |||||
| Certs expenses | 689 | |||||
| CRB and DBSChecks | 230 | 224 | ||||
| Computer expenses |
719 | 419 | ||||
| Subscriptions | 1,207 | 1,130 | ||||
| Administration expenses |
22,219 | 23,261 | ||||
| Accountancy | 600 | 600 | ||||
| Bad debts | (187) | |||||
| Depreciation | 1,031 | 942 | ||||
| 26,912 | 32,834 | |||||
| NET DEFICIT/SURPLUS | E | (13,561) | E | (7,371) |