Charity registration number 1168906 (England and Wales)
ST NEOTS AQUATIC AND LEISURE CIO
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

ST NEOTS AQUATIC AND LEISURE CIO
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr M H Marks MBE CEng Cmgr
Ms J L Drennan
Ms E J Speed
Mr L E Fitch
Mr I PTaylor
Ms Allison Schonder
Ms K Dundas-Todorov
Charity number (England and Wales)
1168906
Principal address
66 Wren Walk
Eynesbury
St Neots
Cambridgeshire
PE19 2GE
Independent examiner
Kinnaird Hill
Brunel House
1 Archers Court
Huntingdon
Cambridgeshire
PE29 6XG
Bankers
Lloyds Bank plc
Lloyds Bank plc
Commercial Banking
PO Box 1000
BX1 1LT
Natwest Bank plc
37 High Street
St Neots
Cambs
PE19 1BP

ST NEOTS AQUATIC AND LEISURE CIO
CONTENTS
Page
Trustees report
Slalement of Trustees responsibilities
Independent examiner's report
Statement of financial activities
Balance sheet
Notes to the financial statements
8-15

ST NEOTS AQUATIC AND LEISURE CIO
TRUSTEES REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present their annual report and financial statements for the year ended 31 December 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1.1 lo the
financial statements and comply with the Charity's Constitution, the Charities Act 2011 and "Accounting and
Reporting by Charities.. Slatemenl of Recommended Practice applicable lo charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective
1 January 2019)"
Objectives and activities
The Charity's object is to promote for the benefit of the inhabitants of Sl Neots and the surrounding area. the
provision of facililies for recreation. in particular aquatic facilities or other leisure time occupation of individuals who
have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and
economic circumstances or for the public at large in the interests of social welfare and with the object of improving
the condition of life of the said inhabitants.
In setting objectives and planning for aclivilies, the Trustees have give due consideration to general guidance
published by the Charity Commission relating to public benefit, including the guidance 'Public benefit.. running a
charity (PB2)'.
The charity has three main activities..
It provides a lease to the Ten-Pin Bowling Centre which already operates on the site.
It is developing plans for a splash park and Cafélcommunity building on the site of the old outdoor pool site.
It is working with various parties in the hope of building a viable swimming pool on the site.
Achievements and perfomiance
The lease of land to the Eat 'n' Bowl for the Ten-Pin Bowling Centre continued throughout the year. The full Splash
Park Site plans have now received Planning Permission from Huntingdon District Council {HDC}. The CIO have
continued the ongoing discussions with St Neols Town Council lo obtain the necessary financial support to cover
consliuction costs. The CIO has entered into a short term lease with HDC to allow the stte to be used lo enable
other works to improve the town centre.
After clarification legal work supplemental deed has been signed be￿een the St Neots Town Council and the CIO
confirming the full transfer of Ihe Land and associated assets to the CIO. Therefore, the CIO is the custodian
trustee lor St Neots Swimming Pool Trust and, in accordance with the terms of the Charity Commission Scheme
applicable to St Neots Swimming Pool Trust, the land continue5 to be a permanently endowed asset following its
transfer for Sl Neots Aquatic and Leisure CIO.

ST NEOTS AQUATIC AND LEISURE CIO
TRUSTEES REPORT {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Financial review
Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that Ihe chartty has adequate
resources to continue in operational existence for the foreseeable future. The St Neots Town Council have formally
voted to 'ring fence. the £650,000.00 CIL money requested by the CIO with a number of legal caveats having to
be completed before release can be approved. Ithhilst working with the St Neots Town Council to complete the
steps required, the CIO leased the land to HDC so that the Market Square project could use the site for the Prime
contractorfs to store building materials and operate a site management office. There are 4 benefits to this activity
being permitted..
1. The CIO will receive £3000.00 per month in rental income.
d. The CIO is enabling the wider St Neots Town Centre improvement Project.
HDC are completing the work and planning permission lo establish a permanent second access to the
sile.
The CIO can dictate the standard that the sile is left in when the Prime Contractor leaves the site.
Resewes policy
The trustees are continuing seeking financial support to fund the proposed swimming pool through other means.
There are minimal operating costs at the present time. and all funds generated from the rent of the sile to Eat 'n'
Bowl and the lease of Ihe site to HDC are being added to the general rese￿e.
Fundraising
The charity has via the short term lease to HDC raised additional funds during the period. Grants and donations
continue to be sought for the future development of the site. There is no intention to use professional fundraisers at
the present time.
Structure, governance and management
Constitution
St Neots Aquatic and Leisure CIO is a registered charity, number 1168906, and is constituted under a Trust deed.
The Trustees who Se￿ed during the year and up to the date of signature of the financial statements were..
Mr M H Marks MBE CEng Cmgr
Ms J L Drennan
Ms E J Speed
Mr L E Fitch
Mr I P Taylor
MsAllison Schonder
Ms K Dundas-Todorov
Methods of appointment or election of Trustees
The charity's constitution, the CIO Foundalion document, initially required the charily to have a minimum of 3 and
maximum of 12 trustees. wilh at least one trustee being over 18 years of age. Sl Neots Town Council was able to
appoint up to 3 trustees. with each appointment being for a lem of 3 years.
In December 2018, the trustees agreed to amend the charily's constitutions so that, for up to nine trustees not
appointed by St Neots Town Council, there should be one representative from St Neots Town Council.
Trustees can be re-appointed for three consecutive terms and may not be re-appointed for a fourth consecutive
term, but they may be reappointed after an interval of at least one year.
The charity's trustees have been appoinled in order lo establish the range of skills required to oversee and
manage Ihe proposed development of the new facilities.

ST NEOTS AQUATIC AND LEISURE CIO
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Organisational structure and decisionwmaking pollcles
The trustees meet regularly to discuss the charivs plans for the future and to take n8Ges$ary decisions to enable
the development of the charity's facilities.
Oecisions may be taken either:
lal at a meeting of the charity trustees; or
Ibl by resolution in writing or electronic fom agreed by all tnjstees. which may comprise either a single document or
several documents containing Ihe test of the resolution in like form tr) each of which one or more Irustees h8S
signified their agreement.
Policies adopted fof the induction and training of Trustees
The charivs constitution, the CIO Foundation document, reqUI￿S the Charity to make available to new trustees, on
or before his or her first appoinlment:
lal a Copy of Éhe current version of the constitution
(b} a copy of the CIO'S latest Trustees, Annual Report and statement of accounts
Financial rlsk management
The trustees have assessed the major risks to which the charity is exposed. in particular those related to the
operations and fInan￿S of the charity. and are satisfied that systems and procedures are in place to mitigate our
exposur8 to the major risks.
Plans for future periods
The trustees continue io work on plans for the development of a new swimming pool and splash park at the site on
Huntingdon Street. St Neols.
The Trust
report was
pproved by the Board of Trustees.
Mr M H Marks MBE CEng Cmgr
Trustee
MrlPT8
Trustee
or
Date: .....

ST NEOTS AQUATIC AND LEISURE CIO
STATEMENT OF TRUSTEES RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees are responsible for preparing the Trustees Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
The law applicable lo charities in England and Wales requires the Trustees to prepare financial statements for each
financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and
application of resources of the Charity for that year.
In preparing these financial statements. the Trustees are required to-
select suitable accounting policies and then apply them conslstently.,
observe the methods and principles in Ihe Charities SORP..
make judgements and estimates thal are reasonable and prudent:
state whether applicable accounting standards have been followed, subject to any material departures disclosed
and explained in the financial statements., and
prepare the financial stalemenls on the going concern basis unless it is inappropriate to presume that the charity
will continue in operation.
The Trustees are responsible for keeping sufficienl accounting records that disclose with reasonable accuracy at
any time the financial position of the Charity and enable them to ensure that the financial slatements comply with
the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Irusl deed.
They are also responsible for safeguarding the assels of the Charity and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.

ST NEOTS AQUATIC AND LEISURE CIO
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF ST NEOTS AQUATIC AND LEISURE CIO
I report to the Trustees on my examination of the financial statements of Sl Neols Aquatic and Leisure CIO (the
Charity) for the year ended 31 December 2024.
Responsibilities and basis of report
As the Trustees of the Charity you are responsible for the preparation of the financial statements in accordance with
the requirements of the Charities Act 2011.
I report in respect of my examination of the Charity's financial statements carried out under section 145 of the 2011
Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission
under section 145(5)(b) of the 2011 Act.
Independent exarninerfs statement
Your attention is drawn to the fact that the charity has prepared the financial statemenls in accordance with the
relevant version of the Slalement of Recommended Practice applicable lo charities preparing Iheir financial
statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS
102) in preference to the Accounting and Reporling by Charities- Statement of Recommended Practice issued on 1
April 2005 which is referred to in the extant regulations but has now been withdrawn. l understand that this has
been done in order for the financial statements to provide a true and fair view in accordance with UK Generally
Accepted Accounting Praclice.
I have completed my examinalion. I confirm thal no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respecl..
accounting records were not kept in respect of the Charity as required by section 130 of the Charities Act 2011.
the financial statements do nol accord with those records., or
the financial statements do not comply with the applicable requirements concerning the form and content of
financial statements set out in Ihe Charilies (Accounts and Reports) Regulations 2008 other than any
requirement that Ihe financial statements 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 wilh the examination to which attention
should be drawn in this report in order to enable a proper understsnding of the financial statements to be reached.
LJ JQQL
Kinnaird Hill
Brunel House
1 Archers Court
Hunlingdon
Cambridgeshire
PE29 6XG
Date:
101,.12)1rf

ST NEOTS AQUATIC AND LEISURE CIO
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted Endowment
funds
funds
2024
2024
Total Unrestricted Endovmient
funds
funds
2023
2023
Total
2024
2023
Notes
Income and endowments from:
Donations and legacies
Charitable activities
Investments
Other income
62
12,231
2,230
62
12,231
2,230
42,777
4.081
289
42,777
4,081
289
Total income
47,147
47,147
14,523
14,523
Expenditure on:
Charitable activities
Other expenditure
2,377
2,377
2,212
2.212
Total expenditure
2,377
2,377
2,212
2,212
Net income and movement in
funds
44,770
44,770
12,311
12,311
Reconciliation of funds:
Fund balances at 1 January
2024
193,373 1.000,000 1.193.373
181,062 1.000.000 1,181,062
Fund balances at 31
December 2024
238,143 1,000,000 1.238,143
193.373 1,000,000 1,193.373
The statement of financial activities includes all gains and losses recognised in the year. All income and expendilure
derive from continuing activities.
The notes on page5 8 to 15 form part of these financial statements.

ST NEOTS AQUATIC AND LEISURE CIO
BALANCE SHEET
ASAT31 DECEMBER 2024
2024
2023
Notes
Flxed assets
Tangible assets
13
1,001,936
1.001,936
Current assets
Debtors
Cash at bank and in hand
14
64,68g
177,277
55,681
139.039
241.966
194,720
Credltors: amounts falllng due wllhln
one year
15
15.759)
(3,283)
Not current assets
236,207
191.437
Total assets less current Ilabilities
1,238.143
1,193,373
The funds of the Charity
Endowment fvnds
Unrestricted funds
16
17
1,000,000
238.143
1,000.000
193,373
1.238,143
1,193,373
The notes on pages 8 to 15 form part of these financial statements.
The financial s
ents
re approved by the Trustses on .........................
Mr M H Marks MBE CEng Cmgr
Trustee
Trustee

ST NEOTS AQUATIC AND LEISURE CIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies
Charity information
St Neots Aquatic and Leisure CIO is a registered charity in England and Wales and operates from 66 Wren
Walk, Eynesbury, St Neots, PE19 2GE
1.1 Accounting convention
The financial statements have been prepared in accordance with the Charity's governing doGument, the
Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"
{"FRS 102") and the Charities SORP 'Accounling and Reporting by Charities.. Slatement 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 102)" (effective 1 January 2019). The Charity is a Public
Benefit Entity as defined by FRS 102.
The Charily has tsken advantage of Ihe provisions in the SORP for charities not to prepare a Statement of
Cash Flows.
The financial slalements have departed from the Charilies (Accounts and Reports) Regulations 2008 only to
the extenl required to provide a true and fair view. This departure has involved following the Statement of
Recommended Practice for charities applying FRS 102 rather than the version of the Statemenl of
Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statemenls are prepared in sterling. which is the fundional currency of the Charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting
policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements. the Truslees have a reasonable expectation that the Charity
has adequate resources lo continue in operational existence for the foreseeable future. Thus the Trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the dis¢retion of the Trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors or grantors a5 to how they may be used. The
purposes and uses of the restricted funds are sel out in the notes to the financial slatements.
Endowment funds are subjecl to specific conditions by donors that the capital must be maintained by the
Charity.
1.4 Income
Income is recognised when the Charity is legally enlitled to it afier any performance ¢onditions have been
met. the amounts can be measured reliably, and it is probable Ihat income will be received.
Cash donations are recognised on receipt. other donations are recognised once Ihe Charily has been notified
of the donation, unless performance conditions require deferral of the amount.
Legacies are recognised on receipt or othernisé if the Charity has been notified of an impending distribulion,
the amount is known, and receipt is expected. If the amount is not known, the legacy is trealed a5 a
contingent asset.

ST NEOTS AQUATIC AND LEISURE CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies
(Continued)
Income under the 125 year lease is recognised over the period of the lease and is included in charitable
activities.
1.5 Expenditure
Expenditure is recognised once there is a legal or conslructive obligation to transfer economic benefit lo a
third party. it is probable that a transfer of economic benefils will be required in settlement. and the amount of
the obligation can be measured reliably.
Expenditure is classified by aclivily. The costs of each activity are made up of the total of direct costs and
shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single
activity are allocated directly lo that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable to a single activity are apportioned between those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and
deprecialion charges are allocated on Ihe portion of the asset's use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured 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:
Freehold land
not depreciated
The gain or10ss 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 iecognised in net incomel(expenditure) for the year.
1.7 Impairment of fixed assets
At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication Ihal those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the asset is eslimated in order to determine the extent of the impairment
loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposits held at call with banks. other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafis are shown
within borrowings in current liabilities.
1.9 Financial instruments
The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Charitls balance sheet when the Charity becomes party to the
ontractual provisions of the instrument.
Financial assets and liabilities are offset. with the net amounts presenled in the financial statements. when
there is a legally enforceable right to sel off the recognised amounts and there is an inlention to settle on a net
basis or to realise the asset and settle the liability simultaneously.

ST NEOTS AQUATIC AND LEISURE CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies
{Continuedl
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances. are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future re￿iptS discounted at a market rale of interest. Financial assets
classified as re￿1vable within one year are not amortised.
Basic financial liabilities
Basic financial liabililies, including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounled at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Charity's contractual obligalions expire or are discharged or
ancelled.
Critical accounting estimates and judgements
In the application of the Charity's accounting policies, the Trustees are required to make judgement5,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumplions are based on historical experience and other
factors that are considered lo be relevant. Actual results may differ from these estimates.
The estimates and undèrlying 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 only 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 legacies
Unrestricted Unrestricted
funds
funds
2024
2023
Donations and gifts
62
Charitable activities
Income fromln¢ome from
charitable charitsble
activities
activities
2024
2023
Promsion of community facilities
42,777
12,231
10

ST NEOTS AQUATIC AND LEISURE CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from inveslments
Unrestricted Unrestricted
funds
funds
2024
2023
Interest receivable
4,081
2,230
Other income
Unrestricted Unrestricted
funds
funds
2024
2023
Other income
289
Expenditure on charitable activities
other
Other
expenditure expenditure
2024
2023
Direct costs
Insurance
Legal and professional fees
Bank charges
507
1,828
42
486
1,649
77
2,377
2.212
Analysis by fund
Unrestricted fijnds
2.377
2,212
Support costs allocated to activities
Other
expenditure
2024
Total
2023
Governan¢e
1,280
525
11

ST NEOTS AQUATIC AND LEISURE CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Support costs allocated to activities
(Continued)
2024
2023
Governance costs comprise:
Independant examination fee
1,280
525
1.280
525
Net movement in funds
2024
2023
The net movement in funds is stated after ehargingl(crediting)'.
Fees payable for the indepèndent examination of the charity's financial
stalements
1,280
525
10 Trustees
None of the Trustees lor any persons connected with them) received any remuneration or benefits from the
Charity during the year.
11 Employees
2024
Number
2023
Number
Total
There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel
There were no remuneration of key management personnel during the year
{2023- none)
12 Taxation
The charily is exempt from taxation on its activilies because all its income is applied lor charitable purposes.
12-

ST NEOTS AQUATIC AND LEISURE CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
13 Tangible fixed assets
Freahold land
Cost
At 1 January 2024
1,001,936
At 31 December 2024
1,001,936
Carrying amount
At 31 December 2024
1,001,936
At 31 December 2023
1,001,936
The freehold land is held on Trust as a permanently endowed asset to be used by the company.
14 Debtors
2024
2023
Amounts falling due withln one year:
Other debtors
Prepayments and accrued income
5,635
50,046
64,689
64,689
55,681
15 Creditors: amounts falling due within one year
2024
2023
Other taxation and social security
Accruals and deferred income
2,078
3,681
3,283
5.759
3,283
16 Endowment funds
Endowment funds represent assets which must be held permanently by the Charity. Income arising on the
endowment funds can be used in accordance with the objects of the Charity and is included as unrestricted
income. Any Gapital gains or losses arising on the assets form part of the fund.
At 1 January
2024
At31
December
2024
Pemianent endowments
1,000,000
1,000.000
13-

ST NEOTS AQUATIC AND LEISURE CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
16 Endowment funds
(Continued)
Previous year:
At 1 January
2023
At31
December
2023
Pemianent endowments
1,000,000
1,000,000
17 Unrestricted funds
The unrestricted fund5 oflhe charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and granlors as to how they may be used. These include
designaled funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 January
2024
Incoming
resources
Resources
expended
At31
December
2024
General fijnds
193.373
47,147
(2,377)
238,143
Previous year:
At 1 January
2023
Incoming
resources
Resources
expended
At31
December
2023
General funds
181,062
14,523
(2,212)
193.373
18 Analysis of net assets between funds
Unrestricted Endowment
funds
funds
2024
2024
Total
2024
At 31 December 2024:
Tangible assels
Current assetsl(liabilities)
1,936
236,207
1,000,000
1,001,936
236,207
238,143
1,000,000
1,238,143
14-

ST NEOTS AQUATIC AND LEISURE CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
18 Analysis of net assets between funds
(Continued)
Unrestricted Endov4Thent
funds
funds
2023
2023
Total
2023
At 31 December 2023:
Tangible assels
Current assetsl(liabilitiesl
1,936
191,437
1.000,000
1,001,936
191,437
193,373
1,000,000
1,193.373
19 Related party transactions
There were no related party transactions during the year (2023- none).
15-