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REGISTERED CHARITY NUMBER: 1157762
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
THE SURF LIFE SAVING ASSOCIATION
OF WALES
Graham Paul Limited
Court House
Court Road
Bridgend
CF31 1 BE

THE SURF LIFE SAVING ASSOCIATION
OF WALES
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Page
Report of the Trustees
Independent Examiner's Report
statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
7 to 12

THE SURF LIFE SAVING ASSOCIATION
OF WALES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The
trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland (FRS 1021 {effective 1 January 20191.
OBJECTIVES AND ACTIVITIES
Objectives and aims
To save lives on all beaches in Wales in particular but not exclusively by..
1. Promoting, improving and controlling the work of beach life saving, resuscitation and first aid.
2. Developing and improving national and international standards of life saving.
3. Developing and improving beach life saving methods and equipment.
4. Establishing and maintaining national and international life saving qualifications.
5. Co-operating with 811 organisations with similar aims.
To help young people , especially but not exclusively through providing the facilities for young people to participate in
organised life saving as a voluntary vital public service and to take part in beach and water sports, so as to develop
their capabilities that they may grow to full maturity as individuals and members of society.
Significant activities
The focus of the activilies we teach on a voluntary basis from the ages of 7 years to 70 years of age with Lifesaving and
First Aid our focus.
Beach Awards
Nipper Beach and Water Safety Awards, Level 1- 7-9 years old, Level 2 - 9-10 years old, Level 3 - 11-13 years old.
Nipper Competence Awards, Levels 1,2,3,4.
Nipper Life Supports Awards, Level 1,2,3 up to 13 years old.
Nipper First Aid Awards, Level 1,2,3.
Pool Based Awards
Water Safely Awards Pool Levels 1,2,3,4,5, & 6. These are all International Lifesaving approved awards.
For all candidales over 16yrs - NVBLQ (National Vocational Beach Lifeguard) Awards - Level 1 12-13 years, Level 2
13- 14 years & Level 3- 16 years to 70 years ofage.
Racing Ski Competence, Emergency Air 1,2 & 3, Emergency Responder, IRB Driver, IRB Cox, Master Surf Lifesaver
Award, TrainerlAssessor Tutor Awards.
The Nipper & Youth Camps are held at Cellic Camping Farm, in St.Davids, West Wales with over 300 Nippers (8-11
years} and Youth Camp (12-14 years) all of which will be completing competency awards and learning valuable
Lifesaving skills in how to look after themselves and others in the sea and pools.
FINANCIAL REVIEW
Resenies policy
At the balance sheet date the charity showed unrestricted funds of approximately £50,000 of which £39,008 were held
in the charity's bank account.
These reserves are held for future planned activities. The board of trustees are currently in the process of formulating
an appropriate reserves policy for the charity.

THE SURF LIFE SAVING ASSOCIATION
OF WALES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
FUTURE PLANS
In the coming year we will see a continued emphasis on the Beach Lifesaving and Lifeguard Awards, Nipper Awards
and other structured activities to build and deepen the confidence and capability of our young people.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes a charitable incorporated
organisation.
This report has been prepared with due regard to guidance published by the Charities Commission on public benefit.
Recruitment and appointment of new trustees
Trustees are appointed or reappointed annually at the Annual General Meeting held in March.
Risk management
The trustees have a duty to identify 2nd review the risks to which the charity is exposed and to ensure appropriate
controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1157762
Principal address
Kinsale
Princess Margaret Way
Port Talbot
Neath Port Talbot
SA12 6QW
Trustees
P B J Thomas
Mrs E M Thomas
P Lake
Ms A Pennell
C Parry
S Perry
MsJPitt
H Murray
Independent Examiner
J E Payne ACA
Graham Paul Limited
Court House
Court Road
Bridgend
CF31 18E

THE SURF LIFE SAVING ASSOCIATION
OF WALES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Approved by order of the board of trustees on 30 April 2025 and signed on its behalf by..
//. c//
>?Tr2J .
P B J Thomas - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE SURF LIFE SAVING ASSOCIATION
OF WALES
Independent examiner's report to the trustees of The Surf Life Saving Association of Wales
I report to the charity trustees on my examination of the accounts of The Surf Life Saving Association of Wales (the
Trust) for the year ended 31 December 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 ('the Act'i.
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying
out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5llbl
of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the Trust as required by Section 130 of the Act., or
the accounts do not accord with those records., or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set
out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
J E Payne ACA
Graham Paul Limited
Court House
Court Road
Bridgend
CF31 1BE
30 April 2025

THE SURF LIFE SAVING ASSOCIATION
OF WALES
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
Unrestricted
fund
2023
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
965
15
Other trading activities
111,434
116,867
Total
112,399
116,882
EXPENDITURE ON
Charitable activities
Life saving and other activities
148,426
144,495
NET INCOMEI{EXPENDITURE
{36,027)
(27,613)
RECONCILIATION OF FUNDS
Total funds brought forward
84,799
112,412
TOTAL FUNDS CARRIED FORWARD
48,772
84,799
The notes form part of these financial statements

THE SURF LIFE SAVING ASSOCIATION
OF WALES
BALANCE SHEET
31 DECEMBER 2024
2024
Unrestricted
fund
2023
Total
funds
Notes
FIXED ASSETS
Intangible assets
Tangible assets
15,600
2,333
20,400
4,501
17,933
24,901
CURRENT ASSETS
Debtors
Cash at bank
7,493
39,008
6,963
54,735
46,501
61,698
CREDITORS
Amounts falling due within one year
10
115,662)
{1 ,8001
NET CURRENT ASSETS
30,839
59,898
TOTAL ASSETS LESS CURRENT LIABILITIES
48,772
84,799
NET ASSETS
48,772
84,799
FUNDS
Unrestricted funds
48,772
84,799
TOTAL FUNDS
48,772
84,799
The financial statements were approved by the Board of Trustees and authorised for issue on 30 April 2025 and were
signed on its behalf by..
P B J Thomas - Trustee
The notes form part of these financial statements

THE SURF LIFE SAVING ASSOCIATION
OF WALES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit enlity under FRS 102, have been prepared in
accordance with the Charities SORP {FRS 102} 'Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 20151, and the
Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it
is probable Ihat the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the
charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably Expenditure is accounted for on an accruals basis and
has been classified under headings that aggregate all cost related to the category. Where costs cannot be
directly attributed to particular headings they have been allocated to activities on a basis consistent with the use
of resources.
Intangible fixed assets
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful
life..
Computer sofvare - 20 /0 on cost
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.
Plant and machinery
Motor vehicles
200/9 on cost
Taxatlon
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...

THE SURF LIFE SAVING ASSOCIATION
OF WALES
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
OTHER TRADING ACTIVITIES
2024
2023
Membership
Technical commission
Championships I ranking events
Nipper & Youth camp
Other income
Grants receivable
40,225
7,586
26,897
24,300
12,426
52,128
7,714
23,216
22,008
9,301
2,500
111,434
116,867
CHARITABLE ACTIVITIES COSTS
Support
costs (see
note 41
Direct
Costs
Totals
Life saving and other activities
144,319
4,107
148,426
SUPPORT COSTS
Governance
costs
Finance
Totals
Life saving and other activities
1,259
2,848
4,107
Included in support costs are Independent Examiners fees payable of £1,89012023: £1,800).
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 December 2024 nor for the year
ended 31 December 2023.
Trustees, expenses
During the year ended 31 December 2024 there were expenses paid to six of the trustees for reimbursement of
expenses incurred wholly and exclusively in relation to charitable activities lotalling £11,502 (2023.. £g,227}.
continued...

THE SURF LIFE SAVING ASSOCIATION
OF WALES
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
INCOME AND ENDOWMENTS FROM
Donations and legacies
15
Other trading activities
116,867
Total
116,882
EXPENDITURE ON
Charitable activities
Life saving and other activities
144,495
NET INCOMEI{EXPENDITURE)
{27,6131
RECONCILIATION OF FUNDS
Total funds brought forward
112,412
TOTAL FUNDS CARRIED FORWARD
84,799
INTANGIBLE FIXED ASSETS
Computer
sofvare
COST
At 1 January 2024 and 31 December 2024
24,000
AMORTISATION
At 1 January 2024
Charge for year
3,600
4,800
At 31 December 2024
8,400
NET BOOK VALUE
At 31 December 2024
15,600
At 31 December 2023
20,400
continued...

THE SURF LIFE SAVING ASSOCIATION
OF WALES
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
TANGIBLE FIXED ASSETS
Plant and
machinery
Motor
vehicles
Totals
COST
At 1 January 2024 and 31 December 2024
68,409
23,595
92,004
DEPRECIATION
At 1 January 2024
Charge for year
63,908
2,168
23,595
87,503
2,168
At 31 December 2024
66,076
23,595
89,671
NET BOOK VALUE
At 31 December 2024
2,333
2,333
At 31 December 2023
4,501
4,501
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Prepayments and accrued income
7,493
6,963
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other creditors
15,662
1,800
MOVEMENT IN FUNDS
Net
movemenl
in funds
At
31.12.24
Al 1.1.24
Unrestricted funds
General fund
84,799
(36,0271
48,772
TOTAL FUNDS
84,799
(36,0271
48,772
continued...

THE SURF LIFE SAVING ASSOCIATION
OF WALES
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
11.
MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
112,399
(148,426)
(36,027)
TOTAL FUNDS
112,399
(148,426}
136,027)
Comparatives for movement in funds
Net
movement
in funds
At
31.12.23
At1.1.23
Unrestricted funds
General fund
112,412
127,613)
84,799
TOTAL FUNDS
112,412
127,613)
84,799
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
116,882
(144,495}
(27,6131
TOTAL FUNDS
116,882
(144,4951
(27,6131
A current year 12 months and prior year 12 months combined position is as follows..
Net
movement
in funds
At
31.12.24
At1.1.23
Unrestricted funds
General fund
112,412
{63,6401
48,772
TOTAL FUNDS
112,412
{63,6401
48,772
continued...

THE SURF LIFE SAVING ASSOCIATION
OF WALES
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
11.
MOVEMENT IN FUNDS . continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are
as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
229,281
1292,921}
163,640)
TOTAL FUNDS
229,281
{292,921 >
163,640)
12.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
-12-