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2025-03-31-accounts

Trustees’ Annual Report for the period

From 1 April 2024 To 31 March 2025

Charity name: Star Diving Club Guildford Charity registration number: 1166005

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 The purpose of the charity is the
advancement of amateur sport and the
promotion of community participation in
healthy recreation for the benefit of the
inhabitants of Guildford, its surrounding
area and the general public, in particular,
by the teaching, development and practice
of high board and springboard diving for its
members.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Para 1.17 and
1.19		 The main activity is the provision of lessons
and coaching sessions to members.
Members are encouraged from all age
ranges and abilities. The current
membership ranges from primary age to
adult and the ability of the divers range
from recreational beginner to national level
divers. Recreational divers work and
progress within a structured grade
programme while divers of an appropriate
standard compete at beginner, county,
regional, national and international
competitions. In designing the grade
programme and selecting and coaching
divers to compete at various levels the
trustees have due regard to the public
benefit guidance. Members are
encouraged to reach their potential at
whatever level they are participating at.
Members benefit in terms of increased self-
confidence, fitness, acquisition of new
skills, self-discipline and teamwork. Older
divers are important role models for
younger divers and may volunteer as
poolside helpers. Divers also may progress
to train as coaches thereby acquiring
further skills. Opportunities are available to
non-divers to train as diving coaches and
flexible working hours allow development
as a coach alongside work and study.

Page 1

INTERNAL

Statement confirming Para 1.18 The trustees have in mind the Charity whether the trustees have Commissions guidance on public benefit had regard to the guidance when planning the main activities of issued by the Charity providing lessons and coaching sessions Commission on public for members. benefit

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38 The charity has not made any grants and
does not have a policy on grant making.
Policy on social investment
including program related
investment		 Para 1.38 The charity aims to invest available funds
to extend, develop and where possible
improve the diving programme for all its
members to ensure the opportunities to
learn and practice high board and spring
board diving are available to all members
of the public who wish to participate.
Funds are used to update and replace
equipment and develop and train coaches
and pool side helpers.
The diving programme has continued to
develop and extend having established
itself as the only diving programme
providing lessons and coaching at the
Spectrum Guildford.
There is no specific social investment
outside the diving programme.
Contribution made by
volunteers		 Para 1.38 Volunteer members consist of current
divers and parents of current and past
divers. The diver volunteers contribute
enormously by way of assisting as pool
side helpers and assisting in the running of
internal club competitions. Parent
volunteers also contribute by way of
chaperoning residential competitions,
helping in the running of stalls at
competitions and fund raising and by sitting
as committee members and trustees. All
chaperones are DBS checked and have
undertaken the necessary safeguarding
training.
Other N/A

Page 2

INTERNAL

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 The number of members of Star Diving
Club Guildford has remained steady in the
year.
Many divers have achieved personal goals
competing for the first time away from
home, mastering new skills and
overcoming fears. Other divers have
achieved personal goals representing their
schools and/or the club at county, regional
and national level.
The club has enjoyed considerable
success at all levels of competition and
medals have been won at national,
regional, county and club level.
Members benefit personally from increased
fitness, confidence, self-discipline, and
working with and supporting members of
their club. Divers who become poolside
helpers develop and improve coaching
skills and interpersonal skills.
From a wider perspective the more
successful the diving programme is,
because of successful individual divers, the
higher the profile of the club will be. This in
turn encourages further participation,
funding and support in the club and the
sport from athletes and coaches.
The club has seen a rise in members with
Special Educational Needs, who have been
successfully incorporated into our
recreational diving programme.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set		 Para 1.41 A major aim every year is to maintain a
stable membership and if possible grow the
membership.
Performance of fundraising
activities against objectives
set		 Para 1.41 Fundraising objectives beyond fundraising
achieved through membership subscription
are only partially met. There is scope to be
more ambitious fundraising targets in the
future, but such efforts have been inhibited
by a failure to identify and recruit a
voluntary fundraising officer.
Investment performance
against objectives		 Para 1.41 Significant progress has been made in
relation to extending and developing the
diving programme. The club has made use
of bursaries and external funding
opportunities to attract new coaches and
continue professional development and
skills. We continue to support our Talent

Page 3

INTERNAL

Identified Divers (TID), which has helped
the club to enhance the diving programme.
Other N/A

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 The charity had a net income of +£4,187 at
the end of the financial year, a material
improvement on the previous financial year.
Decisions were made during the year to
increase the rates for divers in order to
mitigate increased facilities costs.
Membership numbers have remained
relatively stable, and the quality of diving
for a club of Star Diving’s size is a
testament to the quality training provided by
the coaches.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 Reserves are primarily held as a
contingency fund to meet unforeseen
expenditure and deal with fluctuating
membership numbers.
The presence of a reserve fund has in the
recent past been essential in the context of
COVID lockdowns.
Amount of reserves held Para 1.22 £47,807
Reasons for holding zero
reserves		 Para 1.22 N/A
Details of fund materially in
deficit		 Para 1.24 N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 N/A

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47 The charity’s principal source of funding is
from the fees the members pay for diving
lessons.
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46 Typically, the majority of income is applied
in hiring training facilities and staff costs.
Surplus funds are retained as a
contingency against unforeseen
circumstance and/or invested in developing
the diving programmes, updating or
extending equipment, training and
developing coaches and poolside helpers.
Families who struggle to meet the cost of
lessons are offered financial help on a case
by case basis.

Page 4

INTERNAL

A description of the principal
risks facing the charity		 Para 1.46 The main risks facing the charity at the end
of this period are (1) a reduction in
membership numbers, (2) continued
increases in facilities/pool hire costs
unmatched by membership income and (3)
the pool facilities becoming unavailable or
being withdrawn as the charity does not
own the facilities, and no long-term viable
alternatives.
As a relatively small sport diving is currently
suffering from a shortage of appropriately
trained and experienced coaches so
recruiting staff can be challenging.
Other N/A

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25		 Constitution adopted 4 February 2016, as
amended on 22 June 2021 and 19 October
2023.
How is the charity
constituted?
(e.g. unincorporated
association, CIO)		 Para 1.25 Unincorporated organisation consisting of
approximately 180 divers, together with
coaches and volunteer poolside helpers.
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 Executive Officers and Trustees are
proposed, seconded and elected by ballot
at the Annual General meeting.
The number of trustees must not exceed a
maximum of ten (10) elected trustees.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction
and training of trustees		 Para 1.51 There are no specific policies or
procedures for the induction and training of
trustees. All trustees give their time
voluntarily and receive no remuneration or
other benefits for serving as trustees
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51 Star Diving Club works closely with Swim
England and other local diving clubs to run
diving programmes and offer joint training
opportunities.
The charity also collaborates closely with
local clubs to offer opportunities for divers
to compete internationally
Relationship with any
related parties		 Para 1.51 There are no relationships with related
parties

Reference and Administrative details

Charity name Star Diving Guildford

Page 5

INTERNAL

Other name the charity uses N/A
Registered charity number 1166005
Charity’s principal address Star Diving Club Guildford
Guildford Spectrum Leisure Complex Parkway Guildford
GU1 1UP

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10		 Trustee name Office (if any) Dates acted if not for
whole year		 Name of person (or body)
entitled to appoint trustee
(ifany)
Stuart Johnson Chairman
Emma Freeman Secretary
Francisco Diaz Competition
Secretary/Membership
Charlotte Johnson
Russell Johnson
Simon White Treasurer

– Corporate trustees names of the directors at the date the report was approved

Director name N/A

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
N/A

Funds held as custodian trustees on behalf of others

Description of the assets
held in this capacity		 Not applicable
Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects		 Not applicable
Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own
assets		 Not applicable

Additional information (optional)

Names and addresses of advisers (Optional information)

Page 6

INTERNAL

Type of
adviser
Name
Address		 Type of
adviser
Name
Address		 Type of
adviser
Name
Address
Accountant MHM Accounting
Solutions		 13 Mapledrakes Close, Ewhurst, Cranleigh, GU6 7QR
Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date
Simon White

Treasurer
02/03/2026
02/03/2026

Page 7

INTERNAL

MHM Accounting Solutions

BUSINESS ADVISORS • CERTIFIED CHARTERED ACCOUNTANTS •

27 February 2026

20 Rykens Lane Betchworth RH3 7AB Star Diving Club Guildford

Dear ,

Accounts for Period ended 31/03/2025

Please find attached final accounts for Star Diving Club Guildford for the period ended 31/03/2025 [including filleted/abbreviated accounts if appropriate].

Please review the attached carefully and if you are happy that the accounts can be approved please print out a set of each of the attached documents, obtain appropriate signatures at the foot of each Balance Sheet [and Directors Report, if relevant] and return the signed documents to this office.

Please do not hesitate to contact us if you have any queries.

Yours sincerely,

Michelle Matthews

13 Mapledrakes Close Ewhurst GU6 7QR 01483 276948 michelle@mhmaccountingsolutions.co.uk

Star Diving Club Guildford

Charity No. 1166005

Trustees' Report and Unaudited Accounts

31 March 2025

Star Diving Club Guildford Contents

Pages - Trustees' Annual Report - Independent Examiner's Report

Page 1

Star Diving Club Guildford Trustees Annual Report

The trustees present their report with the unaudited financial statements of the charity for the year ended 31 March 2025.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity No. 1166005

Trustees

The following trustees served during the year:

A. Llewllyn-Smith

J. Smith

Accountants

MHM Accounting Solutions 13 Mapledrakes Close

Ewhurst

GU6 7QR

OBJECTIVES AND ACTIVITIES

A larger charity must provide an explanation of its aims, including details of the issues it seeks to tackle and the changes or differences it seeks to make through its activities...

A larger charity must provide an explanation how the achievement of its aims will further its legal purposes...

A larger charity must provide an explanation of its strategies for achieving its stated aims and objectives...

A larger charity must provide an explanation of its criteria or measures it uses to assess success in the reporting period...

A larger charity should provide a more detailed explanation of its short-term and long-term aims and objectives...

ACHIEVEMENTS AND PERFORMANCE

A larger charity must review its charitable activities undertaken, explaining performance achieved against objectives set ...

A larger charity must include an explanation when material fundraising activities are undertaken, details of the performance achieved against fundraising objectives set ...

A larger charity must provide an explanation when material investments are held, details of investment performance achieved against objectives set ...

A larger charity must provide an explanation of any material expenditure occurred to raise income in the future...

A larger charity must provide commentary on those significant positive and negative factors within and outside the charity's control which are relevant to the achievement of its objectives ...

PLANS FOR FUTURE PERIODS

Page 2

Star Diving Club Guildford Trustees Annual Report

A larger charity must provide a summary of the charity's plans for the future including its aims and objectives and details of any plans to achieve them ...

A larger charity's report should explain the trustees perspective of the future direction of the charity...

Statement of trustees' responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the charity's trustees

J. Smith Trustee 31 March 2025

Page 3

Star Diving Club Guildford Independent Examiners Report

Independent Examiner's Report to the trustees of Star Diving Club Guildford

I report to the trustees on my examination of the financial statements of Star Diving Club Guildford for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I can 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:

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 financial statements to be reached.

Mrs M H Matthews FCCA Certified Chartered Accountant MHM Accounting Solutions 13 Mapledrakes Close Ewhurst

GU6 7QR 31 March 2025

Page 4

Star Diving Club Guildford Statement of Financial Activities

for the year ended 31 March 2025

Notes
Income and endowments
from:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
Total
Expenditure on:
Other
7
Total
Net gains on investments
Net income/(expenditure)
Transfers between funds
Net income/(expenditure)
before other gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
funds		 Total funds Total funds
2025 2025 2024
£ £ £
865 865 1,497
153,984 153,984 137,669
29,079 29,079 22,350
166 166 228
184,094 184,094 161,744
179,907 179,907 170,939
179,907 179,907 170,939
- - -
4,187 4,187 (9,195)
- - -
4,187 4,187 (9,195)
4,187 4,187 (9,195)
43,620 43,620 52,815
47,807 47,807 43,620

Page 5

Star Diving Club Guildford Balance Sheet

at 31 March 2025

Charity No. 1166005
Fixed assets
Tangible assets
9
Current assets
Debtors
10
Cash at bank and in hand
Creditors:Amount falling due within one year
11
Net current assets
Total assets less current liabilities
Net assets excluding pension asset or liability
Total net assets
The funds of the charity
Restricted funds
12
Unrestricted funds
12
General funds
Reserves
12
Total funds
Approved by the trustees on 31 March 2025		 2025
£
2,073
2,073
-
47,174
47,174
(1,440)
45,734
47,807
47,807
47,807
47,807
47,807
47,807		 2024
£
-
-
2,473
47,140
49,613
(5,993)
43,620
43,620
43,620
43,620
43,620
43,620
43,620

And signed on their behalf by:

J. Smith Trustee 31 March 2025

Page 6

Star Diving Club Guildford Notes to the Accounts

for the year ended 31 March 2025

Basis of preparation

The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 7

Star Diving Club Guildford Notes to the Accounts

Expenditure

Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Equipment 18% Reducing

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Page 8

Star Diving Club Guildford Notes to the Accounts

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

Page 9

Star Diving Club Guildford Notes to the Accounts

2 Statement of Financial Activities - prior year

2
Statement of Financial Activities - prior year
Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Total
Expenditure on:
Other
Total
Net income
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
3
Income from donations and legacies
Donations
4
Income from charitable activities
Squad Subs
Fundraising
School		 Unrestricted
£
865
865
Unrestricted
£
148,539
1,696
3,749
153,984		 Unrestricted
funds
2024
£
1,497
137,669
22,350
228
161,744
170,939
170,939
(9,195)
(9,195)
(9,195)
52,815
43,620
Total
2025
£
865
865
Total
2025
£
148,539
1,696
3,749
153,984		 Total funds
2024
£
1,497
137,669
22,350
228
161,744
170,939
170,939
(9,195)
(9,195)
(9,195)
52,815
43,620
Total
2024
£
1,497
1,497
Total
2024
£
135,540
554
1,575
137,669

Page 10

Star Diving Club Guildford Notes to the Accounts

5 Income from other trading activities

Competitions/Holiday
Courses
Clothing
Other
6
Income from investments
7
Other expenditure
ASA Membership fees
Competitions/Holiday
Courses
Clothing
Gym Kit
Employee costs
Motor and travel costs
Premises costs
General administrative costs
Legal and professional costs
8
Staff costs
Salaries and wages
Social security costs
Pension costs		 Unrestricted
£
27,800
359
920
29,079
Unrestricted
£
166
166
Unrestricted
£
7,548
10,369
1,715
36
92,303
1,871
46,081
18,800
1,184
179,907
2025
86,773
(2,084)
1,008
85,697		 Total
2025
£
27,800
359
920
29,079
Total
2025
£
166
166
Total
2025
£
7,548
10,369
1,715
36
92,303
1,871
46,081
18,800
1,184
179,907		 Total
2024
£
21,496
854
-
22,350
Total
2024
£
228
228
Total
2024
£
4,245
9,692
1,024
85
90,420
1,378
42,891
19,837
1,367
170,939
2024
83,664
3,673
998
88,335

No employee received emoluments in excess of £60,000.

Page 11

Star Diving Club Guildford Notes to the Accounts

9 Tangible fixed assets

9
Tangible fixed assets
Cost or revaluation
At 1 April 2024
Additions
At 31 March 2025
Depreciation and
impairment
At 1 April 2024
Depreciation charge for the
year
At 31 March 2025
Net book values
At 31 March 2025
At 31 March 2024
10 Debtors
Other debtors
Prepayments and accrued income
11 Creditors:
amounts falling due within one year
Trade creditors
Accruals
Deferred income
12 Movement in funds
Restricted funds:
Unrestricted funds:
General funds
Total funds		 Equipment £
4,382
-
4,382
-
4,382
4,382
-
4,382		 Total
£
18,072
2,073
£
13,690
2,073
15,763
13,690
-
13,690
2,073
-
2025
£
-
-
-
2025
£
-
20,145
13,690
4,382
18,072
2,073
4,382
2024
£
(6)
2,479
2,473
2024
£
(565)
365 251
1,075 6,307
At 1 April
2024
43,620
43,620		 1,440
Incoming
resources
(including
other
gains/losses
)
£
184,094
184,094		 Resources
expended
£
(179,907)
(179,907)		 5,993
At 31
March
2025
£
47,807
47,807

Page 12

Star Diving Club Guildford Notes to the Accounts

13 Analysis of net assets between funds

13 Analysis of net assets between funds
Fixed assets
Net current assets
14 Reconciliation of net debt
Cash and cash equivalents
Net debt		 At 1 April
2024
£		 Unrestricted
funds
£
2,073
45,734
47,807
Cash flows
£		 Total
£
2,073
45,734
47,807
At 31
March
2025
£
47,140 34 47,174
47,140
47,140		 34
34		 47,174
47,174
15 Commitments
Operating lease commitments
Annual commitments under non-cancellable operating leases
2025
Land and
buildings
£
Operating leases with expiry date:
Pension commitments
The pension cost charge to the charity
amounted to:		 are as follows:
2025
Other
£
2025
£
1,008		 2024
Land and
buildings
£		 2024
Other
£
2024
£
998

Page 13

Star Diving Club Guildford Statement of Cash flows for the year ended 31 March 2025

Cash flows from operating activities
Net income/(expenditure) per Statement of Financial Activities
Adjustments for:
Depreciation of property, plant and equipment
Dividends, interest and rents from investments
Decrease/(Increase) in trade and other receivables
Decrease in trade and other payables
Net cash provided by/(used in) operating activities
Cash flows from investing activities
Payments for property, plant and equipment
Dividends, interest and rents from investments
Net cash (used in)/from investing activities
Net cash from financing activities
Net increase/(decrease) in cash and cash equivalents
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year		 2025
£
4,187
4,382
(166)
2,473
(4,553)
6,323
(2,073)
166
(1,907)
-
4,416
47,140
51,556		 2024
£
(9,195)
4,382
(228)
(2,562)
(3,035)
(10,638)
-
228
228
-
(10,410)
61,931
51,521
Components of cash and cash equivalents
Cash and bank balances 47,174 47,140
47,174 47,140

Page 14

Star Diving Club Guildford Detailed Statement of Financial Activities

for the year ended 31 March 2025

Income and endowments from:
Donations and legacies
Donations
Charitable activities
Squad Subs
Fundraising
School
Other trading activities
Competitions/Holiday Courses
Clothing
Other
Investments
Total income and endowments
Expenditure on:
Other expenditure
ASA Membership fees
Competitions/Holiday Courses
Clothing
Gym Kit
Employee costs
Salaries/wages
Employer's NIC
Pension costs
Staff training
Temporary staff
Motor and travel costs
Vehicles - Fuel
Business mileage costs
reimbursed
Premises costs
Rent		 Unrestricted
funds
2025
£
865
865
148,539
1,696
3,749
153,984
27,800
359
920
29,079
166
166
184,094
7,548
10,369
1,715
36
19,668
86,773
(2,084)
1,008
776
5,830
92,303
826
1,045
1,871
46,081
46,081		 Total funds
2025
£
865
865
148,539
1,696
3,749
153,984
27,800
359
920
29,079
166
166
184,094
7,548
10,369
1,715
36
19,668
86,773
(2,084)
1,008
776
5,830
92,303
826
1,045
1,871
46,081
46,081		 Total funds
2024
£
1,497
1,497
135,540
554
1,575
137,669
21,496
854
-
22,350
228
228
161,744
4,245
9,692
1,024
85
15,046
83,664
3,673
998
1,834
251
90,420
1,229
149
1,378
42,891
42,891

Page 15

Star Diving Club Guildford Detailed Statement of Financial Activities

General administrative costs,

including depreciation and
amortisation
Depreciation of Equipment
Bad debts
Bank charges
Equipment expensed
Information and publications
Software, IT support and related
costs
Stationery and printing
Sundry expenses
Legal and professional costs
Audit/Independent examination
fees
Accountancy and bookkeeping
Total of expenditure of other costs
Total expenditure
Net gains on investments
Net income/(expenditure)
Net income/(expenditure) before
other gains/(losses)
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 -
-
232
12,229
445
4,585
794
515
18,800
-
1,184
1,184
179,907
179,907
-
4,187
4,187
-
4,187
43,620
47,807		 -
-
232
12,229
445
4,585
794
515
18,800
-
1,184
1,184
179,907
179,907
-
4,187
4,187
-
4,187
43,620
47,807		 -
(379)
138
16,093
415
2,749
513
308
19,837
250
1,117
1,367
170,939
170,939
-
(9,195)
(9,195)
-
(9,195)
52,815
43,620

Page 16

MHM Accounting Solutions

BUSINESS ADVISORS • CERTIFIED CHARTERED ACCOUNTANTS •

27 February 2026

20 Rykens Lane Betchworth RH3 7AB Star Diving Club Guildford

Dear ,

Accounts for Period ended 31/03/2025

Please find attached final accounts for Star Diving Club Guildford for the period ended 31/03/2025 [including filleted/abbreviated accounts if appropriate].

Please review the attached carefully and if you are happy that the accounts can be approved please print out a set of each of the attached documents, obtain appropriate signatures at the foot of each Balance Sheet [and Directors Report, if relevant] and return the signed documents to this office.

Please do not hesitate to contact us if you have any queries.

Yours sincerely,

Michelle Matthews

13 Mapledrakes Close Ewhurst GU6 7QR 01483 276948 michelle@mhmaccountingsolutions.co.uk

Star Diving Club Guildford

Charity No. 1166005

Trustees' Report and Unaudited Accounts

31 March 2025

Star Diving Club Guildford Contents

Pages - Trustees' Annual Report - Independent Examiner's Report

Page 1

Star Diving Club Guildford Trustees Annual Report

The trustees present their report with the unaudited financial statements of the charity for the year ended 31 March 2025.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity No. 1166005

Trustees

The following trustees served during the year:

A. Llewllyn-Smith

J. Smith

Accountants

MHM Accounting Solutions 13 Mapledrakes Close

Ewhurst

GU6 7QR

OBJECTIVES AND ACTIVITIES

A larger charity must provide an explanation of its aims, including details of the issues it seeks to tackle and the changes or differences it seeks to make through its activities...

A larger charity must provide an explanation how the achievement of its aims will further its legal purposes...

A larger charity must provide an explanation of its strategies for achieving its stated aims and objectives...

A larger charity must provide an explanation of its criteria or measures it uses to assess success in the reporting period...

A larger charity should provide a more detailed explanation of its short-term and long-term aims and objectives...

ACHIEVEMENTS AND PERFORMANCE

A larger charity must review its charitable activities undertaken, explaining performance achieved against objectives set ...

A larger charity must include an explanation when material fundraising activities are undertaken, details of the performance achieved against fundraising objectives set ...

A larger charity must provide an explanation when material investments are held, details of investment performance achieved against objectives set ...

A larger charity must provide an explanation of any material expenditure occurred to raise income in the future...

A larger charity must provide commentary on those significant positive and negative factors within and outside the charity's control which are relevant to the achievement of its objectives ...

PLANS FOR FUTURE PERIODS

Page 2

Star Diving Club Guildford Trustees Annual Report

A larger charity must provide a summary of the charity's plans for the future including its aims and objectives and details of any plans to achieve them ...

A larger charity's report should explain the trustees perspective of the future direction of the charity...

Statement of trustees' responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the charity's trustees

J. Smith Trustee 31 March 2025

Page 3

Star Diving Club Guildford Independent Examiners Report

Independent Examiner's Report to the trustees of Star Diving Club Guildford

I report to the trustees on my examination of the financial statements of Star Diving Club Guildford for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I can 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:

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 financial statements to be reached.

Mrs M H Matthews FCCA Certified Chartered Accountant MHM Accounting Solutions 13 Mapledrakes Close Ewhurst

GU6 7QR 31 March 2025

Page 4

Star Diving Club Guildford Statement of Financial Activities

for the year ended 31 March 2025

Notes
Income and endowments
from:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
Total
Expenditure on:
Other
7
Total
Net gains on investments
Net income/(expenditure)
Transfers between funds
Net income/(expenditure)
before other gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
funds		 Total funds Total funds
2025 2025 2024
£ £ £
865 865 1,497
153,984 153,984 137,669
29,079 29,079 22,350
166 166 228
184,094 184,094 161,744
179,907 179,907 170,939
179,907 179,907 170,939
- - -
4,187 4,187 (9,195)
- - -
4,187 4,187 (9,195)
4,187 4,187 (9,195)
43,620 43,620 52,815
47,807 47,807 43,620

Page 5

Star Diving Club Guildford Balance Sheet

at 31 March 2025

Charity No. 1166005
Fixed assets
Tangible assets
9
Current assets
Debtors
10
Cash at bank and in hand
Creditors:Amount falling due within one year
11
Net current assets
Total assets less current liabilities
Net assets excluding pension asset or liability
Total net assets
The funds of the charity
Restricted funds
12
Unrestricted funds
12
General funds
Reserves
12
Total funds
Approved by the trustees on 31 March 2025		 2025
£
2,073
2,073
-
47,174
47,174
(1,440)
45,734
47,807
47,807
47,807
47,807
47,807
47,807		 2024
£
-
-
2,473
47,140
49,613
(5,993)
43,620
43,620
43,620
43,620
43,620
43,620
43,620

And signed on their behalf by:

J. Smith Trustee 31 March 2025

Page 6

Star Diving Club Guildford Notes to the Accounts

for the year ended 31 March 2025

Basis of preparation

The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 7

Star Diving Club Guildford Notes to the Accounts

Expenditure

Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Equipment 18% Reducing

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Page 8

Star Diving Club Guildford Notes to the Accounts

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

Page 9

Star Diving Club Guildford Notes to the Accounts

2 Statement of Financial Activities - prior year

2
Statement of Financial Activities - prior year
Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Total
Expenditure on:
Other
Total
Net income
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
3
Income from donations and legacies
Donations
4
Income from charitable activities
Squad Subs
Fundraising
School		 Unrestricted
£
865
865
Unrestricted
£
148,539
1,696
3,749
153,984		 Unrestricted
funds
2024
£
1,497
137,669
22,350
228
161,744
170,939
170,939
(9,195)
(9,195)
(9,195)
52,815
43,620
Total
2025
£
865
865
Total
2025
£
148,539
1,696
3,749
153,984		 Total funds
2024
£
1,497
137,669
22,350
228
161,744
170,939
170,939
(9,195)
(9,195)
(9,195)
52,815
43,620
Total
2024
£
1,497
1,497
Total
2024
£
135,540
554
1,575
137,669

Page 10

Star Diving Club Guildford Notes to the Accounts

5 Income from other trading activities

Competitions/Holiday
Courses
Clothing
Other
6
Income from investments
7
Other expenditure
ASA Membership fees
Competitions/Holiday
Courses
Clothing
Gym Kit
Employee costs
Motor and travel costs
Premises costs
General administrative costs
Legal and professional costs
8
Staff costs
Salaries and wages
Social security costs
Pension costs		 Unrestricted
£
27,800
359
920
29,079
Unrestricted
£
166
166
Unrestricted
£
7,548
10,369
1,715
36
92,303
1,871
46,081
18,800
1,184
179,907
2025
86,773
(2,084)
1,008
85,697		 Total
2025
£
27,800
359
920
29,079
Total
2025
£
166
166
Total
2025
£
7,548
10,369
1,715
36
92,303
1,871
46,081
18,800
1,184
179,907		 Total
2024
£
21,496
854
-
22,350
Total
2024
£
228
228
Total
2024
£
4,245
9,692
1,024
85
90,420
1,378
42,891
19,837
1,367
170,939
2024
83,664
3,673
998
88,335

No employee received emoluments in excess of £60,000.

Page 11

Star Diving Club Guildford Notes to the Accounts

9 Tangible fixed assets

9
Tangible fixed assets
Cost or revaluation
At 1 April 2024
Additions
At 31 March 2025
Depreciation and
impairment
At 1 April 2024
Depreciation charge for the
year
At 31 March 2025
Net book values
At 31 March 2025
At 31 March 2024
10 Debtors
Other debtors
Prepayments and accrued income
11 Creditors:
amounts falling due within one year
Trade creditors
Accruals
Deferred income
12 Movement in funds
Restricted funds:
Unrestricted funds:
General funds
Total funds		 Equipment £
4,382
-
4,382
-
4,382
4,382
-
4,382		 Total
£
18,072
2,073
£
13,690
2,073
15,763
13,690
-
13,690
2,073
-
2025
£
-
-
-
2025
£
-
20,145
13,690
4,382
18,072
2,073
4,382
2024
£
(6)
2,479
2,473
2024
£
(565)
365 251
1,075 6,307
At 1 April
2024
43,620
43,620		 1,440
Incoming
resources
(including
other
gains/losses
)
£
184,094
184,094		 Resources
expended
£
(179,907)
(179,907)		 5,993
At 31
March
2025
£
47,807
47,807

Page 12

Star Diving Club Guildford Notes to the Accounts

13 Analysis of net assets between funds

13 Analysis of net assets between funds
Fixed assets
Net current assets
14 Reconciliation of net debt
Cash and cash equivalents
Net debt		 At 1 April
2024
£		 Unrestricted
funds
£
2,073
45,734
47,807
Cash flows
£		 Total
£
2,073
45,734
47,807
At 31
March
2025
£
47,140 34 47,174
47,140
47,140		 34
34		 47,174
47,174
15 Commitments
Operating lease commitments
Annual commitments under non-cancellable operating leases
2025
Land and
buildings
£
Operating leases with expiry date:
Pension commitments
The pension cost charge to the charity
amounted to:		 are as follows:
2025
Other
£
2025
£
1,008		 2024
Land and
buildings
£		 2024
Other
£
2024
£
998

Page 13

Star Diving Club Guildford Statement of Cash flows for the year ended 31 March 2025

Cash flows from operating activities
Net income/(expenditure) per Statement of Financial Activities
Adjustments for:
Depreciation of property, plant and equipment
Dividends, interest and rents from investments
Decrease/(Increase) in trade and other receivables
Decrease in trade and other payables
Net cash provided by/(used in) operating activities
Cash flows from investing activities
Payments for property, plant and equipment
Dividends, interest and rents from investments
Net cash (used in)/from investing activities
Net cash from financing activities
Net increase/(decrease) in cash and cash equivalents
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year		 2025
£
4,187
4,382
(166)
2,473
(4,553)
6,323
(2,073)
166
(1,907)
-
4,416
47,140
51,556		 2024
£
(9,195)
4,382
(228)
(2,562)
(3,035)
(10,638)
-
228
228
-
(10,410)
61,931
51,521
Components of cash and cash equivalents
Cash and bank balances 47,174 47,140
47,174 47,140

Page 14

Star Diving Club Guildford Detailed Statement of Financial Activities

for the year ended 31 March 2025

Income and endowments from:
Donations and legacies
Donations
Charitable activities
Squad Subs
Fundraising
School
Other trading activities
Competitions/Holiday Courses
Clothing
Other
Investments
Total income and endowments
Expenditure on:
Other expenditure
ASA Membership fees
Competitions/Holiday Courses
Clothing
Gym Kit
Employee costs
Salaries/wages
Employer's NIC
Pension costs
Staff training
Temporary staff
Motor and travel costs
Vehicles - Fuel
Business mileage costs
reimbursed
Premises costs
Rent		 Unrestricted
funds
2025
£
865
865
148,539
1,696
3,749
153,984
27,800
359
920
29,079
166
166
184,094
7,548
10,369
1,715
36
19,668
86,773
(2,084)
1,008
776
5,830
92,303
826
1,045
1,871
46,081
46,081		 Total funds
2025
£
865
865
148,539
1,696
3,749
153,984
27,800
359
920
29,079
166
166
184,094
7,548
10,369
1,715
36
19,668
86,773
(2,084)
1,008
776
5,830
92,303
826
1,045
1,871
46,081
46,081		 Total funds
2024
£
1,497
1,497
135,540
554
1,575
137,669
21,496
854
-
22,350
228
228
161,744
4,245
9,692
1,024
85
15,046
83,664
3,673
998
1,834
251
90,420
1,229
149
1,378
42,891
42,891

Page 15

Star Diving Club Guildford Detailed Statement of Financial Activities

General administrative costs,

including depreciation and
amortisation
Depreciation of Equipment
Bad debts
Bank charges
Equipment expensed
Information and publications
Software, IT support and related
costs
Stationery and printing
Sundry expenses
Legal and professional costs
Audit/Independent examination
fees
Accountancy and bookkeeping
Total of expenditure of other costs
Total expenditure
Net gains on investments
Net income/(expenditure)
Net income/(expenditure) before
other gains/(losses)
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 -
-
232
12,229
445
4,585
794
515
18,800
-
1,184
1,184
179,907
179,907
-
4,187
4,187
-
4,187
43,620
47,807		 -
-
232
12,229
445
4,585
794
515
18,800
-
1,184
1,184
179,907
179,907
-
4,187
4,187
-
4,187
43,620
47,807		 -
(379)
138
16,093
415
2,749
513
308
19,837
250
1,117
1,367
170,939
170,939
-
(9,195)
(9,195)
-
(9,195)
52,815
43,620

Page 16