| 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 | notform part | ofthe financial statements | |
| Detailed statement offinancial |
activities |
| 2023 | 2022 | ||
|---|---|---|---|
| Note | f | f | |
| INCOME | 231,235 | 226,170 | |
| Cost ofgenerating income |
202,601 | 211,462 | |
| Administrative expenses |
45,307 | 38,507 | |
| Other operating income |
3,993 | 4,521 | |
| NET INCOME/(DEFICIT) FOR THE YEAR |
(12,680} | (19,278} | |
| RECONCILIATION OF FUNDS |
|||
| Total funds brought forward |
58,988 | 78,266 | |
| Total funds carried forward | 46,308 | 58,988 |
| YEAR E | NDED 31 | AUGUST 20 | 23 | ||||
|---|---|---|---|---|---|---|---|
| Note | 2023 | 2022 | |||||
| FIXED ASSETS | |||||||
| Tangible assets | 10,238 | 12,353 | |||||
| CURRENT ASSETS | |||||||
| Debtors | 34,821 | 35,127 | |||||
| Cash at bank and | in hand | 98,226 | 72,802 | ||||
| 133,047 | 107,929 | ||||||
| CREDITORS: Amounts | falling due within one | year | |||||
| Creditors | 4 | 85,691 | 61,294 | ||||
| NET CURRENT ASSETS | 47,356 | 46,635 | |||||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 57,594 | 58,988 | |||||
| CAPITAL AND RESERVES | |||||||
| General funds | 46,308 | 58,988 | |||||
| Specific funds | 11,286 | ||||||
| 57,594 | 58,988 |
| TANGIBLEASSETS | ||
|---|---|---|
| Equipment | ||
| f | ||
| COST | ||
| At 1September 2022 | 16,530 | |
| Additions | ||
| At 31August 2023 | 16,530 | |
| DEPRECIATION | ||
| At 1September 2022 | 4,177 | |
| Charge for the year At 31August 2023 |
2,115 6,292 |
|
| NET BOOK VALUE | ||
| At 31August 2022 | 12,353 | |
| At 31August 2023 | 10,238 | |
| DEBTORS | 2023 | 2022 |
| E | f | |
| Debtors | 13,324 | 17,075 |
| Other debtors and prepayments | 21,497 | 18,052 |
| 34,821 | 35,127 |
| YEAR ENDED 31AUGUST | 2023 | |||||
|---|---|---|---|---|---|---|
| 4. | CREDITORS: Amounts | falling due within one year | 2023 | 2022 | ||
| f | ||||||
| Creditors | 245 | |||||
| Payments | on account | 1,802 | 1,136 | |||
| Accruals | and deferred | income | 83,889 | 59,913 | ||
| 85,691 | 61,294 | |||||
| S. | SPECIFIC | FUNDS | ||||
| Hardship | fund | 3,000 | ||||
| Marketing | fund | 2,669 | ||||
| Disability | fund | 5,617 | ||||
| 11,286 |
| 2023 | 2023 | 2022 | 2022 | |||
|---|---|---|---|---|---|---|
| INCOME | ||||||
| Squad fees | 96,243 | 97,410 | ||||
| Swim school | 71,583 | 71,277 | ||||
| Water polo income | 7,684 | 10,830 | ||||
| Gala income | 40,622 | 29,442 | ||||
| Membership fees |
13,760 | 14,634 | ||||
| Swim shop income | 1,343 | 2,577 | ||||
| 231,235 | 226,170 | |||||
| COSTS OF GENERATING | INCOME | |||||
| Coaching fees | 104,715 | 104,362 | ||||
| Pool hire and land training | 86,459 | 97,113 | ||||
| Gala costs | 10,030 | 8,224 | ||||
| Water polo league and | competition | costs | 110 | 40 | ||
| Swim shop expenses | 1,287 | 1,723 | ||||
| 202,601 | 211,462 | |||||
| GROSS SURPLUS | 28,634 | 14,708 | ||||
| 12.4% | 6.5% | |||||
| OTHER INCOME | ||||||
| Grants received | 1,167 | 817 | ||||
| Other income | 1,845 | 472 | ||||
| Donations/sponsorship | 1,481 | |||||
| Gift aid | 789 | 1,699 | ||||
| Interest received | 192 | 52 | ||||
| 3,993 | 4,521 | |||||
| OVERHEADS | ||||||
| Away meet costs | 7,434 | 7,728 | ||||
| General gala costs | 6,783 | 481 | ||||
| Insurance | 959 | 627 | ||||
| Advertising | ||||||
| Certs expenses | 729 | 1,197 | ||||
| CRB and DBSChecks | 122 | 96 | ||||
| Computer expenses |
1,020 | 275 | ||||
| Subscriptions | 1,183 | 2,008 | ||||
| Administration expenses |
24,362 | 23,291 | ||||
| Accountancy | 600 | 600 | ||||
| Depreciation | 2,115 | 2,204 | ||||
| 45,307 | 38,507 | |||||
| NET DEFICIT/SURPLUS | E | (12,680) | E | (19,278) |