Gharitable Incoi-porated O.I"ganlsation Number= 1156933, TEAMIPSWICH SWIM ING. FINANCIAL $T NTS FOR YEA 31AU
TEAMIPSWICH SWI FINANCIAL StATE ENDED 31 AUGUST 2 CONTENTS PAGE Trustees, report and statement of trustees. responsibilities Independent examÉr]er's repoit to the trustees Stdtem.eF7t of iinancial activities Balarce skieet Note8 ;O tle rinancial sta+ements Ilig ,fol/Diviiig i)ages do vc)i.furAPL Part o/- IIIL finoRC:iiil ..sla£ehienf,g Detailed statement of financial activities
TEAMIPSWICH S IMMING THE REPO TOFT YEAR E DED 31 ETRU TEES UST 2024 The trlisiees have pleasure in presenting thelr reporti of ".kie .unaudited financial staterntsnts ior the year ended 31 Akn'gust 2024 Stat6men.t of tru$t¢es' respDnsibilitFes The trustees ar- 1'2quired law to prepare financial statements for eaGFI financial yeai, w?ich give a true and fair view of the state of affairs of the charity at the CJnd of thts fin,ancial year and of the resLJIIs . of the year then ended. In preparing those financial statements, the trustees are reouired to ¢.elect aultablé a.CGOUllting oolicies, a$ described on page 5, and then.apply them on a consisteiit basks, maktng jijdgements and estimates that are prudent and re3.wonable. The trustees must also prepare financial statements on the gotng concern basis unless It is inappi opriate to presume that The chariti/ will continue in busÉness. The trustees are responsi ¥e for safeguarding the assets of the charity and. henc.e taking reagon2ble stops for tkie prevention and detection of fraud and other irreg.ularitios, The tr%Jstees confirm that they have Iiiet with these requirements. Approved by order of the board Oi trustees on........-. .and signed on its behalf by:. A Porter Treasurer Page 1
TEA Ipswi WIMMING INDE T EXAMI YEAR ENDED 31 EPO T TO THE TRUSTEES UGUST 2024 t report on tne accounts for the charity .fo.r the year ended 31 Augusl 2024, sét o.ut on p.ages 3 to 6. ,.. Respective rpsponsBbilities of trustees an examihèt The charity's trustees are responsible for the preparal'ion of the 8ccou.ncg. The charity's trustees consider that an audiL is noi reqiAired for this year under section 144 of the Charities Act 2011 {tho- Charities Acl) and that an independent examination is needed. It 5s my responsibility to: examine the accounts under section 145 of the ch.arities Act to follow procedijres laid dovm in tkie genei.al directions given by the.Charily.".Commission inder. section 145 (5) (b) of the Cha,"ities Act, and to state Iwhether particufar matters have come to my attention .a5is of the ind&pehdent exafftiner s report My examination wa£ carried out in accordance vrfith the general dir.ection8 givan by the Charity Commissioners. An eAamination includes a review of the accounting records k.ept by the cfriarity and a comparison of the accoLints presented wsth those records: It also includés consideration of any unusuar items or disclosures In the. accounts, seektng ekplanations from the ti"usiees conc.e.rp:ing any such Matters. The procedures undertaken do not provÉde all the evidenbe that ¢(ould be require.d in an audrt and consequently no opinion is given as to whether the accounts present a 'truo and fair, vievvl and the report is limit&¥d to those matte.rs set out in the statement below. Independent examiner's statement In connection with my examination, no matter has come to myattenlion= (1 } wliich gives me reasonable Gause to believe that: in aiiy material respect. the t-euLJirementg: to ke.ep accountÉrig records in accordance with section 130 of the. ChariLte5 Act: to prepare acc.ounts in accordance with the acco.unting records and "cornply with the requirements of the chariti.es Act Iiaiie not been Inet- or (2) to which in my opinion: alTention sliould be (trawn in order to enable a.propÈr understanding DT the accoLints to be reached. Suffolk Tax Accountants Ltd 9 Byford Court, Crockatt Road Hadleigh Suffolk IP7 6RD Page.2
TEAMIPS ICHS ING STATEMENT OF FINA CIAL ACTIVITIES YEA ENDE 31AUG ST 2024 211.24 202.3 INCOME 228,161 Cost of generating income 210,>16' 2Q2,6()1 Administra+ive experises ,. 29,£J59 Other operating incoi ne J_i,.780. NETINCOMEI(DEFICiT) FOR THE Y {12,68U} RECONCILIATION OF FUNDS Total funds brought fOnard 46.Ja8 8.(}$¥ Total fu nds carried fonvard 48.174
TEA IPSWICH S MING BALANCE SHEET YEAR ENDED 31 AU UST 2024 Note 2023 FIXED ASSETS Tdngible assEts 10,238 CURRENT ASSETS Debtor 18,844 Casi* al bank.ond ill hand i. {)1)..663 CRE JTORS: Creditors mou ts f2lEiiig due within one year 61,070 .85,1)91 NET CURRENT. ASSETS 48..64.7 .17.356 'roTAL ASSETS LESS CURRENT LIAB.ILITIES 57,.)(}4 CAPITAL AND RESERVES Geri.eral funds Speciric funds 46,J08 11,286
TEAMIPSWICH SWIMMING TES TO THE FIN CIAL STATE ENTS: YEAR EN ED 31 AUGUST 2024 ACCQUNTING POLICIES Basis of pre aratiori The financial statemeiits have been prepared under the historical. cost co.n.vention, and in accof¢ance., with applicable UK accots'iiting standards. Income All income is recognised ih the statement. of fi.nancial actÉvilies.onGe.thecliaiity has entitlement to the funds. Tanglwe fixed assets Depreci8tior3 is proliided at the *ollowing annual lates 111 ord-er to 'write offaCh asset over .jts esiiniated useful life. tquipment CompLJt&r eqLiipment 101200/0 on cost - 33 /0 on c05t 2. fANGIBLE ASSETS COST At.1 Seplember 2023 Additions At 31 AugLlSt 202 16,530 DEPRECIATI At 1 September 2023 Charge for the year At 31 August ?.024 6,292 2,025 8,318, NEf BOOK VALUE At 31 Augusl 202? 10,238 At 31 ALigusL 2024 .8,212 3. DEÈTORS 2024 2023 Debtors Other debtors and prepaymenls 3,797 .15,047 13,324 21,497 pa.ge S
TEAMIPS ICH S ING NOTES TO THE FINANCIAL STATE , YEAR ENDED 31 AU Elus 4. CREDITORS. Amoun falltng lie within one year 2024 - Creditors Payments on account Accruals and deferred income 1,,¥02 83.8si) ,(31 .()2() SPECIFIC FUND5 Hardship fund Marketi,ng ffJnd DisabilÉty fvnd 2,650. 3,000, 7,669 8481 Page 6