Charity registration number 1160663 (England and Wales)
Company registratlon number 06548736
THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr B C Morgan
Mr M R Henley
Mr G P Kibblewhite
Mr P J Maclaren
Mrs J Kendall
MrsA J Broadbent
Mr T P Mlmnagh
Mr R M Udall
(Appointed 14 January
2025)
Secretary
Mr B C Morgan
Charlty number
1160663
Company number
06548736
Day to day management
MrA Massey
Reglstered office
Weir Lane
Lower Wick
Worcester
WR2 4AY
Independent examiner
Kendall Wadley LLP
Granta Lodge
71 Graham Road
Malvern
Worcestershire
WR14 2JS
Bankers
HSBC Bank PIC
6 Broad Street
Worcester
VVR12EJ
Sollcltors
Thursfi@Ids Solicitors
42 Foregate Street
Worcester
WR1 IEF

THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
CONTENTS
Page
Trustee8' report
Independent examiner's report
Statement of fjnancial activities
Balance sheet
Slatement of cash flows
Notes to the financlal statements
8-18

THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The twstees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set OLrt in note 1 to the
financial statements and comply wth the Charttvs Memorandum and Articles of Association, the Companies Act
2006 and "Accounting and Reporknng by Charities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic
of Ireland (FRS 1021 (effective 1 January 2019)"
Objectives and activltles
The Charity's objects are that of providing leisure facilities. The polides adopted in furtherance of these objects
are providing leisure facilities for public use and these have continued during the year.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
Charily should undertake.
Achlevements and performance
Income from swimming pool sources has increased by 10.71/10 to £693,128 and the surplus from the studio has
increased by £10,074 to £37,337. All aspects of the pool performance have Improved over the year and the
trustees would like to give their thanks to the staff for their substantial support in achieving this.
Public swims continue to Increase and we continue to monitor numbers in an effort to ensure that customers
have Ihe easiest access to the pool but without any overcrowding.
Swimming lessons continue as a success story wtth nearly 1,000 customers taking lessons. Again our thanks to
staff for their work in making changes to timetabling enabling more swimmers to experience our excellent
lessons.
The Fitness Studio continues to perform well with an increase in income of £10,880 resultlng In an increase In
the surplus of£10,074.
Flnancial review
Our net surplus has improved from £88,519 to £138,024 an increase of £49,505 of which the tTU8tees are most
pleased. However we are aware of the dangers of becoming complacent. Our overheads have increased by
14.90A from £541,524 to £621.962. With the increase in employers, National Insurance this year with that of
minimum wage the trustees will continue to monitor the situation as regards price increases.
Totsl reserves are £682,130 (2024 - £544,106) of this £77,426 is restricted (2024 - £82,352) and £76,312 (2024 -
£18,611) designated. The designated funds wlll be used to continue the programme of facility enhancement. The
remaining £528,392 is unrestricted and of this amount £178,556 (2024 - £184,406) is represented by tangible
fixed assets net of associated loan funding leaving £349,836 (2024- £258,737) as readily available reserves. This
is within the preferred level of be￿e@n three and six months overheads, and the trustees are satisfied that this
will enable theAssociation to carry out the objecttves of the charity.
The tnjstees have assessed the major risks to which the Charity is exposed, and are satisfied that systems are in
place to mitigate exposure to the major risks.

THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Structurey governance and management
The Charity is a company limited by guarantee and is govemed by its Memorandum and Articles ofAssociatlon
and is reglstered with the Charity Commission, Charity Registration No 1160663,
The trustees, who are 8180 the directors for the Purpose of company law, and who Se￿ed during the year and up
to the date of signature of the financial statements were:
Mr B C Morgan
Mr M R Henley
Mr G P Kibblewhite
Mr P J Maclaren
Mrs J Kendall
Mrs A J Broadbent
Mr T P Mimnagh
Mr R M Udall
(Appointed 14 January 2025)
The Board have the statutory power to appoint new trustees under the terms of the Trust Deed and provide the
necessary training in order that they may fulfil their obligations as Trustees.
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company
and guarantee to contribute £1 in the event of a winding up.
The Charity is governed by the Board of Trustees which is responslble for formulating the strategies and policies
of the Charity including the approval of budgets and the exercising of financial controls.
Day to day rnanagement is delegated to and performed by the pool manager
This report has been prepared in accordance with the special provisTons relating Éo small companies within Part
15 of the Companies Act 2006.
The Trus
ees, report was approved by the Board of Trustees.
MrBCM
Trustee
Dated". 14 Octo
er 2025

THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
I report to the trustees on my examination of the financial statements of The Worcester Citizens s￿MmIng Bath
Association (the Charity) for the year ended 31 March 2025.
Responslblllties and basis of report
As the trustees of the Charity (and also its directors for the purposes of company law), you are responsible for the
preparation of the financial statements in accordance with the requirements of the Companies Act 2006.
Havlng satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of
the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the
Charity's financial ststements carried out under section 145 of the Charities Act 2011. In Carrying out my
examination I have followed the Directions given by the Charity Commission under section 145(5}(b) of the Charities
Act 2011.
Independent examinerfs ststement
Since the Charity's gross income exceeded £250,000, the independent examiner must be a member of a body
listed In section 145 of the Charities Act 2011. I confirm that l am qualified to undertake the examination because I
am a member of the Institute of Chartered Accountants in England & Wales, which is one of the listed bodies.
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 that in any material respect-
accounting records were not kept in respect of the Charity as required by section 388 of the Companies Act
2006.
the financial statements do not accord with those records. or
the financial statements do not comply with the accounting requirements of section 396 of the Companies Act
2008 other than any requirement that the financial statements give a true and fair view, which is not a matter
considered as part of an independent examination. or
the financial statements 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
preparlng their financial statements in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102).
I hav
cerns and have come across no other matters in connection with the examination to which attention
wn in this report in order to enable a proper understanding of the financial statements to be reached.
Elizabeth Needham ACA CTA (VAT)
Kendall Wadley LLP
Granta Lodge
71 Graham Road
Malvern
Worcestershire
WR14 2JS
Dated.. 14 October 2025

THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestrlcted Restrlcted
funds
funds
2026
2025
Total Unrestrlcted Restricted
funds
funds
2024
2024
Total
2025
2024
Notes
Income from"
Donations and legacies
Charitable activities
Investments
59,000
59,000
693,128
7,858
693,128
7,858
626,124
3,919
626,124
3,919
Total Income
700,986
59,000
759,986
630,043
630,043
Expendlture on:
Charitable activities
617,036
4.926
621,962
536,132
5,392
541,524
Total expenditure
617,036
4,926
621,962
536,132
5,392
541,524
Net income
83,950
54.074
138,024
93,911
(5.392)
88,519
Transfers bekneen
funds
12
59,000
(59,000)
Net movement in
funds
142,950
(4,926)
138,024
93,911
(5,392)
88,519
Reconclllatlon of funds:
Fund balances at 1 April 2024
461.754
82,352
544,106
367,843
87,744
455,587
Fund balances at 31 March
2025
604,704
77,426
682,130
461,754
82,352
544,106
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.

THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
BALANCE SHEET
AS AT31 MARCH 2025
2025
2024
Notes
Fixed assets
Tangible assets
13
401,330
365,254
Current assets
Stocks
Debtors
Investments
Cash at bank and in hand
14
15
16
6,599
22,650
155,000
221.780
5,549
9,216
100,000
199,555
406,029
314,320
Credltors: amounts falling du& wÉthin
one year
17
{45,699)
(41.450)
Net current assets
360,330
272,870
Totsl assets less current Ilabllltles
761.660
838,124
Credltors: amounts falllng due after
more than one year
(79,530>
(94,018)
Net assets
682,130
544,106
Income funds
Restricted fvnds
20
77,426
82,352
Designated funds
General unrestricted funds
21
76,312
528,392
18,611
443,143
604,704
461,754
682.130
544,106

THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
BALANCE SHEET (CONTINUED)
AS AT31 MARCH 2025
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 March 2025.
The directors acknowledge their responsibilities for Gomplying wth the requirements of the Companles Act 2006
wtth respect to accounting records and the preparation of financial statements.
Th8 members have not required the company to obtain an audit of its financial statements for the year in question
in accordance wlth section 476.
These financial statements have been prepared in accordance wÉth the provisions applicable to comparries subject
to th& small companies regime.
The finan
statements were approved by the Trustees on 14 October 2025
Mr B C Morgan
Truste8
Company Reglstratlon No. 06548736

THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from operatlng aetivltles
Cash generated from operations
25
147,122
112.296
Investlng actlvltles
Purchase of tangible fixed assets
Purchase of investments
Investment inGome received
(62,800)
(55,000)
6,921
(11,183)
ifj 00,000)
2,878
Net cash used in inv8Sting activitles
(110,879)
(108,305)
Flnanclng actlvltles
Repayment of bO￿owingS
Repayment of bank loans
(3,921)
(10,097)
(3,706)
(9,845)
Net cash used In financlng actlvltles
(14,018)
(13,551)
Net increaseJ(de¢rease) In cash and cash
equlvalents
22,225
(9,560)
Cash and cash equivalents at beginning of year
199,555
209,115
Cash and cash equivalents at end of year
221,780
199,555

THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles
Charity infomiation
The Worcester Citizens Swimming Bath Association is a prtvate company limited by guarantee incorporated in
England and Wales. The registered office is Weir Lane, Lower Wick, Worcester, WR2 4AY.
1.1 Accountlng conventlon
The financial statements have been prepared in accordance with the Charity's Memorandum and Articles of
Association, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparrng their accoLSnts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019)" The
Charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention. The principal accounting p0￿claS
adopted are set out below,
1.2 Golng concern
At the time of approving the financial statements. the trustees have a reasonable expectation that the Charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the trLtstees
continue to adopt the going concem basis of accounting in preparing the financial statements.
1.3 Charltable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
objectives.
Designated funds are unrestricted funds eamiarked by the Management Committee for particular purposes.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the Charity is legally entitled to it after any performance conditions have been
met. the amounts can be measured reliably, and it is probable that income will be recelved.
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Turnover is measured at the fair value of the consideration received or receivable and represents amounts
receivable for goods and Se￿l¢e$ provided in the normal course of activities.
1.5 Expendlture
Expenditure is re¢ognised once there is a legal or constructive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligatlon can be measured reliably.
Expendlture is classified by activity. The costs of each activity are made up of the total of dI￿t costs and
shared costs, including support costs Involved in undertaidng each activity. Direct costs attrEbutable to a single
activity are allocated directly to that activity.

THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting pollcles
{Contlnued)
Direct charitable expendlture consists of all expenditure directly relating to the objects of the Association.
Expendlture is recognised on an accruals basis.
Govemance costs include those costs associated with meeting the constitutional and statutory requirements
of the Charity and include the independent examination fees and costs linked to the strategic management of
the Charity.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measurèd at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases:
Swlmming pool & building
Fixtures, fittings & equipment
2.5 %1401011 OQA stralght line basis
250/0 straight line basis
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds
and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impalrment of flxed assets
Al each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the asset 18 estimated in order to determine the extent of the Impalrment
loss (if any).
1.8 Stocks
Stocks are stated at the lower of cost and net realisable value.
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks. other short-temi liquid
investments wlth original maturities of three months or less.
Cash placed on long temi deposit is treated as a current asset investmenL
1.10 Flnanclal Instruments
The Charity has elected to apply the provisions of Section 11 '8asic Financial Instruments, and Section 12
'Other Flnancial Instruments Issues, of FRS 102 to all of its finsncial instruments.
Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is 8 legally enfor￿able right to set off the recognised amounts and there is an intention to settle on a net
basis or to re81ise the asset and settle the liability simult8neously.
Baslc flnaneial assets
Basic financial assets, which indude debtors and cash and bank balances, are initl8lly measured at
transaction price including transaction costs and are subsequently carried at amortised. Financial assets
classified as receivable within one year are not amortised.

THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles
(Contlnued)
Basic financial liabillties
Basic financial liabilities, including creditors are initially recognised at transaction prlce unless the
arrangement constitutes a financing transaction, where the debt instrument is measured at the present value
of the future payments discounted at a market rate of intere8t. Financial liabilities classified as payable within
one year are not amortised.
Trade credltors are obligations to pay for goods or servlces that have been acqulred in the ordin¥y course of
operatlons from suppllers. Amounts payable are classified as current liabilitles if payment is due withln one
year or less. If not, they are presented as non-current liabilities. Trade credltors are recognised Initlally at
transaclion pri￿ and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognlsed when the Charity's Contractu￿ obligations expire or are discharged or
cantslled.
1.11 Employee beneffts
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediateEy as an expense when the Charity is demonstrably committed
to termlnate the employment of an employee or to provide temilnation benefits.
1.12 Retlrement beneflts
The Charity operates a defined contributions pension scheme. Payments to defined contrlbution retirement
benefit schemes are charged as an expense as they fall due. Contributions for the year amounted to £8,332
(2024 - £5,697).The assets of the scheme are held separately from those of the Chanly in an independently
administered fund.
other contrlbutlons are made to the personal pension arrangements of certain staff.
Crftlcal accountlng estlmates and Judgements
In the application of the Charity's accounting policies, the trustees are required to make judgements,
estimates and assumptlons about the canying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Aotual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects C￿lY that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Income from donatlons and legacles
Restricted
funds
2025
Restrlcted
fund8
2024
Grants
59.000
10-

THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Charltable activities
Leisure
facilities
2025
Leisure
facllltles
2024
Sales within charitable activities
Fitness studio
Fitness studio expenditure
655,791
59,459
(22,122)
598,861
48,599
(21,336}
693,128
626,124
Income from Investments
Unrestrlcted Unrestrtcted
funds
funds
2025
2024
Interest receivable
7,858
3,919
11

THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Charitabl8 activities
Total
2025
Totsl
2024
staff costs
Depreciation and impairment
Water rates
Insurance
Light and heat
435,293
26,724
13,938
21,083
48.990
376,913
28,188
18,595
20,216
38,051
F il
Repairs and maintenance
Advertising and office supplies
Telephone
Sundry expenses
SubsGriptions
Pool running expenses
Bank charges
Other interest paid
Staff training
18,583
3,543
3,527
1,891
4,950
20,606
8,736
3,781
4,631
16,688
4,675
2,800
1,000
5,627
13,220
4,091
4,248
4,704
616,274
537,016
Share of governance costs (see note 7)
5,688
4,508
621,962
541,524
Analysls by fund
Unrestricted funds - general
Restricted funds
617,036
4,926
538,132
5,392
621,962
541,524
Governance costs allocated to activities
2025
2024
Governance costs
5.688
4,508
Analysed between:
Operation of pool and facllities
5,688
4,508
Included in governance costs is £800 in respect of Independent Examination fees (2024- £750), together with
£3,650 {2024 - £3,300) in connection with the preparation of the statutory accounts.
Trustees
None of the trustees (or any persons connected with them) received any remuneration, expenses or benefits
from the Charity during the year.
12-

THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Employees
The average monthly number of employees during the year was..
2025
Number
2024
Number
Pool Staff
Administration
36
37
Total
38
39
Employment costs
2026
2024
Wages and salaries
Social security costs
Other pension costs
403,051
21,110
11,132
347,767
20,649
8,497
435,293
376,913
During the year key personnel remuneration was £85,880 (2024 - £84,543)
There were no employees whose annual remuneration was more than £80,000.
l O Retirement benefit schemes
2025
2024
Defined contrlbutlon schemes
Ch8rge to profit or loss in respect of defined contribution schemes
11,132
8,497
The Charity operates a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the Charity in an independently administered fund.
11 Taxation
The charity is exempt from taxation on its activities because all its Income Is applied for charitsble purposes.
12 Transfers
A grant of £59,000 was received towards the installation of solar panels, the project was completed and a
transfer has been made from restricted funds to unrestricted - designated funds to reflect this.
13-

THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13 Tangible fixed assets
Swlmmlng
pool &
bulldlng
Flxtuyes,
fittings &
equlpment
Total
Cost
At l April 2024
Additions
721,570
62,800
135,454
857,024
62,800
At 31 March 2025
784,370
135,454
919,824
Depreclatlon and Impairment
At 1 April 2024
Depreciation charged in the year
357.745
26,210
134.025
514
491,770
26,724
At 31 March 2025
383,955
134,539
518,494
Carrylng amount
At 31 March 2025
400,415
915
401,330
At 31 March 2024
363,825
1,429
365,254
14 Stocks
2025
2024
Goods held for resale and consumables
6,599
5,549
15 Debtors
2025
2024
Amounts falllng due wlthln one year:
Trade debtors
Other debtors
Prepayments and accrued income
10,943
5,000
6,707
5,676
3,540
22,650
9,218
16 Current asset Investmepts
2025
2024
Cash on long term deposit
155,000
100,000
14-

THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
17 Credltors: amounts falllng due wlthln one year
2025
2024
Notes
Bank loans
other borrowings
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
19
10,354
11,287
6,299
5,261
89
12,409
10,099
11,072
5,742
3,453
11,084
45,699
41,450
18 Credltorn: amounts falling due after more than one year
2025
2024
Notes
Bank loans
Other borrowings
19
6.162
73,368
16,514
77,504
79,530
94.018
19 Loans and overdrafts
202S
2024
Bank loans
Other loans
16,516
84,655
26,613
88,576
101,171
115,189
Payable w7thln one year
Payable after one year
21.641
79,530
21,171
94.018
Amounts included above which fall due after five years:
Payable by instalments
54,669
59.667
A long term loan was received from Worcester City Council to enable the pool to be refurbished. The loan is
unsecured, carries Interest at 40A per annum and is repayable by instalments over a period of 20 years.
A bounce back loan of £50,000 was secured in October 2020 to assist with the impact of the Covid-19
pandemic. This loan is for 72 months with interest at 2.5 /0. the first 12 months of interest was covered by the
government and the first repayment was made in month 13.
15-

THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
20 Restrlcted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust
subject to specific conditions by donors as to how they may be used.
At 1 Aprll
2024
Incoming
resources
Resources
expanded
Transfers At 31 March
2025
Roof Replacement Fund
Boiler Replacement Fund
Solar panel grant
71,705
10,847
(2.559)
(2,367)
69,146
8,280
59,000
(59,000)
82,352
59,000
(4,926)
(59,000)
77,426
Prevlous year..
At l Aprfl
2023
Incomlng
resources
Resources
expended
Transfers At 31 March
2024
Roof Replacement Fund
Boiler Replacement Fund
74,304
13,440
(2,599)
12,793)
71,705
10,647
87,744
(5,392)
82.352
21 Unrestrtcted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific condltions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 Aprll
2024
Incoming
resources
Resources
expended
Transfers At 31 March
2025
Building Development Fund
Solar panel installation
General funds
18,611
98
(413)
(984)
(615,639)
18,296
58,016
528,392
59,000
443,143
700,888
461,754
700,986
(617,036)
59,000
604,704
Prevlous year:
At 1 April
2023
Incomlng
resources
Resources
expended
Transfers At 31 March
2024
Building Development Fund
General funds
19,024
348,819
(413)
(535,719)
18,611
443,143
630,043
367,843
630,043
(536,132)
461,754
16-

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THE WORCESTER CITIZENS SWIMMING BATH ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
23 Operatlng lease commltments
The amount recognised in the statement of financial actlvities as an expense in the period in restEct of
operating leases totalled £1,003 {2024 - £789>.
24 Related party transactlons
There were no disclosable related party transactions during the year (2024 - none}.
25 Cash generated from operatlons
2025
2024
Surplus for the year
138,024
88,519
Adjustments for..
Investment Income recognised in statement of financial activities
Depreciation and impairment of tangible fixed assets
(7,858)
26,724
(3,919)
28,188
Movements in working Capital..
(Increase)Idecrease in stocks
Ilncrease) in debtors
Increase in creditors
(1,050)
(12,49n
3,779
459
(3,364)
2,413
Cash generated from operatlons
147,122
112,296
26 Analysls of changes In net funds
At q ApTiI 2024
Cash tlows Other nonrycashAt 31 March 2025
changes
Cash at bank and in hand
199,555
22,225
221,780
Loans falling due within one year
Loans falling due after more than one year
(21,171)
{94,018)
14,018
(14,488)
14,488
(21,641)
(79,530)
84.366
36,243
120,609
18-