2025-03-31-accounts

REGISTERED COMPANY NUMBER: CE010412 (England and Wales) REGISTERED CHARITY NUMBER: 1171790

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 March

2025 for

Settle Area Swimming Pool

Walkers Accountants Limited Aireside House Aireside Business Centre Royd Ings Avenue Keighley

Settle Area Swimming Pool West Yorkshire BD21 4BZ

		Contents of the Financial Statements	Contents of the Financial Statements
		for the year ended 31 March 2025	for the year ended 31 March 2025
Report		1
he Trustees	2	to	3
nt Examiner's Report		4
of Financial Activities		5
eet	6	to	7
Statement		8
e Cash Flow Statement		9
		to
e Financial Statements	10		17
tement of Financial Activities	18	to	19

Page

Settle Area Swimming Pool

for the 2025

Chairman's Report vear ended 31 March

This year marks the fiftieth anniversary of the opening of Settle Area Swimming Pool. We celebrated the occasion with a carnival in June that sought to recall the spirit of the events held in the town during the 1960s and 70s which helped raise the funds to build the pool.

Community support has been at the heart of Settle Pool throughout its existence. It remains crucial today. This is best demonstrated through the work of more than 40 volunteers who help run the fund-raising shops, without which the pool would not continue to exist. This year income from the shops topped €100,000 and we have been able to open a new donation point on the Sowarth Industrial Estate, from which we are able to sell larger items.

Attendances at the pool and in our dry space area, fitSpace, have continued to rise this year. The new gymnasium, opened last autumn, has also added both an important facility and an additional source of income. The variety of sessions that we are able to provide is a demonstration of our link with the whole community.

In 2020 we adopted a five year business plan that guided us through the redevelopment process that took place between 2021 and 2022. This year we adopted a new plan to take us through to 2030. In reviewing progress over the past five years we were able to say that, despite some formidable and largely unexpected obstacles, we achieved more than we envisaged at the start of the decade.

Although our finances are now in a far better shape than they were at the start of 2024, we still need to pay off the loans that ensured the redevelopment went ahead so things will remain tight for some time. Nevertheless we do remain ambitious for the future of the pool and are committed to ensuring that we operate in an environmental friendly way, both at the pool itself and through our shops.

This year we created a new post of operations manager. Leah Galloway has proved an important addition to our team, working closely with the centre manager Tash Ward. We are grateful to them as we are to all our staff.

During the year we have strengthened our links with the new North Yorkshire Council (NYC). Regular meetings with the NYC Sport and Active Wellbeing team have helped our managers in many operational areas, and the Senior Business Advisor has promised advice on marketing, management structures and training.

A benefit from the recent grant for solar panels and insulation from the Swimming Pool Support Fund was an environment management audit. This gave useful advice on energy efficiency and grant-funded training for our operations manager. Additional reviews and certification are continuing. We are also in the process of applying for financial support to improve our sustainable energy systems, on which the Net Zero team at North Yorkshire Council and North Yorkshire Growth Hub has been most helpful.

At the 2025 AGM, two of our long standing trustees are standing down. Whilst the great changes that have taken place in recent years have been very much a collective effort, it is fair to say that we would not have been able to achieve what we have done without the efforts of our secretary, Ian Orton, and treasurer, Rosie Sanderson. We wish them well for the future and are pleased that both of them are to continue to work as volunteers in our fund-raising shops.

Chris Hirst / Mike Smith Joint Chair of Board of Trustees

Page 1

Settle Area Swimming Pool

Report the Trustees for the 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES Objectives and aims

To promote for the benefit of the inhabitants of Settle and the surrounding area the provision of facilities for the recreation or other leisure time activity for individuals who have need of such facilities by reason of their youth, age, infirmity, disablement, financial hardship or social economic circumstance. It is for the public at large in the interest of social and mental welfare with the objective of improving the lives of the aforementioned inhabitants.

FINANCIAL REVIEW

Reserves policy

The pool needs to generate a surplus in order to maintain a cash contingency fund of three months running costs.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document and constitution

The charity was established as a Charitable Incorporated Organisation and was registered with the Charity Commission on 12th February 2017

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number CE010412 (England and Wales)

Registered Charity number 1171790

Registered office

Kendal Road Giggleswick Settle North Yorkshire BD24 OBU

Trustees

C Coleman - Chair (resigned 18.7.24) R Sanderson - Treasurer R 1 Crossley (resigned 18.7.24) K A Galloway I Orton - Secretary C Hirst - Joint Chair M J Smith - Joint Chair R A Brown (resigned 18.7.24) E Owen (deceased 1.5.24) C Moorehead (resigned 19.12.24) K Larkins (appointed 18.7.24) I Dryburgh (appointed 18.7.24)

Page 2

Settle Area Swimming Pool

Report the Trustees for the

2025

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner Michael William Procter FCA Walkers Accountants Limited Aireside House Aireside Business Centre Royd Ings Avenue Keighley West Yorkshire BD21 4BZ

Approved by order of the board of trustees on 17 July 2025 and signed on its behalf by:

C Hirst -Trustee

Page 3

Report the Trustees Independent Examiner's to of Settle Area Swimming Pool

Independent examiner's report

to the trustees of Settle Area

Swimming Pool Cthe Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's frustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded E250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and 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:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which

Page 4

Settle Area Swimming Pool

is not a matter considered as part of an independent examination; or

1. the accounts 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 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Michael William Procter FCA

Walkers Accountants Limited Aireside House A i r e s i d e B u s i n e s s C e n t r e

The notes fom part of these financial statements

Page 5

Settle Area Swimming Pool

R o y d I n g s A v e n u e Keighley W e s t Y o r k s h i r e B D 2 1 4 B Z 17 July 2025 S t a t e m e n t

The notes fom part of these financial statements

Page 6

Settle Area Swimming Pool o f F i n a n c i a l A c t i v i t i e s f o r t h e y e a r e n d e d 3 1 M a r c h

The notes fom part of these financial statements

Page 7

Settle Area Swimming Pool

Settle Area Swimming Pool Swimming Pool
2
0
2
5
				31.3.25
		Unrestricted	Restricted	Total
		funds	fund	funds
	Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies	2	32,392		32,392
Charitable activities	5
Admission charges		225,674		225,674
Other income		100,455		100,45
Other trading activities	3	147,916		147,91
Investment income	4	767		767
Total		507,204		507,204
EXPENDITURE ON
Raising funds		14,399		14,39
Charitable activities	6
Direct charitable expenditure		510,007		510,007
Total		524,406		524,406
NET INCOME/(EXPENDITURE)		(17,202)		(17,202
RECONCILIATION OF FUNDS
Total funds brought forward		280,695		280,695
TOTAL FUNDS CARRIED FORWARD		263,493
		263,493
280,695
B
a
l
a

The notes fom part of these financial statements

Page 8

Settle Area	Settle Area Swimming Pool
	n
	c
	e
	S
	h
	e
	e
	t
	3
	1
	M
	a
	r
	c
	h
	2
	0
	2
	5
					31.3.25
			Unrestricted	Restricted	Total
			fttnds	fund	funds
		Notes
FIXED ASSETS
Tangible assets		12	926,897		926,89
CURRENT ASSETS
Stocks		13	5,386		5,38
Debtors		14	6,115		6,115
Cash at bank and in hand			54,872		54,872
			66,373		66,37
CREDITORS
Amounts falling due within one year		15	(116,083)		(116,083
NET CURRENT ASSETS			(49,710)		(49,71
TOTAL ASSETS LESS CURRENT

The notes fom part of these financial statements

Page 9

Settle Area Swimming Pool

LIABILITIES 877,187 877,18 CREDITORS Amounts falling due after more than one year 16 (223,829) (223,82 ACCRUALS AND DEFERRED INCOME 18 (389,865) (389,86 NET ASSETS 263,493 263,49

NET ASSETS FUNDS 19 Unrestricted funds

TOTAL FUNDS

263,49 280,69

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

• (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

• (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company,

The notes fom part of these financial statements

Page 10

Settle Area Swimming Pool

continued...

B a l a n c e S h e e t - c o n t i n u e d 3 1 M a r c h 2 0 2 5

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 17 July 2025 and were signed on its behalf by:

The notes fom part of these financial statements

Page 11

Settle Area Swimming Pool

C Hirst - Trustee

R Sanderson - Trustee

The notes fom part of these financial statements

Page 12

Settle Area	Settle Area Swimming Pool
		C
		a
		s
		h
		F
		l
		o
		w
		S
		t
		a
		t
		e
		m
		e
		n
		t
		f
		o
		r
		t
		h
		e
		y
		e
		a
		r
		e
		n
		d
		e
		d
		3
		1
		M
		a
		r
		c
		h
		2

The notes fom part of these financial statements

Page 13

Settle Area Swimming Pool

Settle Area Swimming Pool Swimming Pool
0
2
5
Notes		31.3.25
Cash flows from operating activities
Cash generated from operations	1	35,977
Interest paid		(17,489)
Net cash provided by operating activities		18,488
Cash flows from investing activities
Purchase of tangible fixed assets		(49,077)
Interest received		767
Net cash used in investing activities		(48,310)
Cash flows from financing activities
New loans in year
Loan repayments in year		(8,706)
Net cash (used in)/provided by financing activities		(8,706)
Change in cash and cash equivalents in
the reporting period		(38,528)
Cash and cash equivalents at the
beginning of the reporting period		93,400
Cash and cash equivalents at the end of
the reporting period		54,872
N
o
t
e
s

The notes fom part of these financial statements

Page 14

Settle Area	Swimming Pool
		t
		o
		t
		h
		e
		C
		a
		s
		h
		F
		l
		o
		w
		S
		t
		a
		t
		e
		m
		e
		n
		t
		f
		o
		r
		t
		h
		e
		y
		e
		a
		r
		e
		n
		d
		e
		d
		3
		1

The notes fom part of these financial statements

Page 15

Settle Area Swimming Pool

M a r c h 2 0 2 5

1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES

----- Start of picture text -----
|||| |---|---|---| |31.3.25| |Net expenditure for the reporting period (as per the Statement of| |Financial|Activities)|(17,202)| |Adjustments for:| |Depreciation charges|38,128| |Interest received|(767)| |Interest paid|17,489| |Increase in stocks|(1,810)| |Decrease in debtors|3,247| |(Decrease)/increase in creditors|(3,108)| |Net cash provided by operations|35,977| |ANALYSIS OF CHANGES IN NET DEBT| |24|Cash flow|At31| |Net cash| |Cash at bank and in hand|93,400|(38,528)| |93,400| |(38,528)|54,872| |Debt| |Debts falling due within 1 year|(35,866)|(67,041)| |Debts falling due after 1 year|(299,576)|75,747|

----- End of picture text -----

The notes fom part of these financial statements

Page 16

Settle Area Swimming Pool Total (29,822)

(335,442)

8,706

(271,864)

The notes fom part of these financial statements

Page 17

Settle Area Swimming Pool Notes to the Financial Statements for the year ended 31 March 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure and irrecoverable vat

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

Tangible fixed assets

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

Plant & machinery - 20% per annum on cost Building - 2% per annum on cost

Depreciation commenced on the building when it was completely opened fully for use and enjoyment. The grants as deferred will be amortised over the same period of 2% per annum.

Tangible fixed assets are at cost less accumulated depreciation. Cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Renewals, repairs and maintenance are charged to profit and loss during the period in which they are incurred.

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the Charity at the discretion of the Trustees..

Designated funds are unrestricted funds of the charity which the Trustees have decided at their discretion to set aside to use for future capital expenditure on the pool.

continued...

Page 18

Settle Area Swimming Pool

Notes to the Financial Statements - continued for the year ended 31 March 2025

1. ACCOUNTING POLICIES - continued

Fund accounting

Restricted filnds are grants and donations which the donor or grant giving body has specified are to be solely used for a particular purpose within the objectives of the Charity.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Grants and donations

Grants and donations are recognised in the Statement of Financial Activities when entitlement is established.

Grants and donations for which there are no conditions attached are treated as income in the period which they become receivable.

Grants and donations received for specific purposes are included in Restricted Funds. Grants received for the purpose of asset acquisition are treated as deferred income which is credited to the profit and loss account by instalments over the expected useful economic life of the related assets on a basis consistent with the depreciation policy commencing once the asset has been brought into use.

1. DONATIONS AND LEGACIES

2.	DONATIONS AND LEGACIES
		31.3.25	31.3.24
	Gifts	1
	Donations	17,951	36,393
	Grants	14,440	7,620
		32,392	44,013
3.	OTHER TRADING ACTIVITIES
		31.3.25	31.3.24
	Shop sales	147,916	110,342
4.	INVESTMENT INCOME
		31.3.25	31.3.24
	Deposit account interest	767	276

continued...

Page

Settle Area Swimming Pool

Notes to the Financial Statements - continued for the year ended 31 March 2025 1 1

5.	INCOME FROM CHARITABLE ACTIVITIES
		31.3.25		31.3.24
	Admissions
	Admission fees	225 674		232 935
	Other income
	Clubright membership	55,486		10,420
	Cafe sales	24,739		22,512
	Fitspace hire	7,252		13,253
	Sponsor boards	3,000		5,059
	Other income	9978		8 130
		100 455		59 374
	CHARITABLE ACTIVITIES COSTS
			Support
6.		Direct	costs (see
		Costs	note 7)	Totals
	Direct charitable expenditure	483,436	26,571	510,007
	SUPPORT COSTS
7.			Governance
		Finance	costs	Totals
8.	Direct charitable expenditure	18,661	7,910	26,571
	NET INCOME/(EXPENDITURE)
	Net income/(expenditure) is stated after charging/(crediting):
			31.3.25	31.3.24
	Depreciation - owned assets		38,128	31,526
9.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

continued...

Page 20

Settle Area Swimming Pool

		Notes	Notes to the Financial Statements	to the Financial Statements -	continued
			for the year ended 31 March		for the year ended 31 March 2025
10.	STAFF COSTS
					31.3.25
31.3.24
Wages and salaries	Wages and salaries
					282,190
248,372
	248,372
	31.3.24
	27
			Total funds
	44,013
	232,935
	59,374
	110,342
	276
	446,940				446,940
					15,162
	15,162				545,010
545,010
	560,172				560,172
					(113,232) (113,232)
	393,927				393,927
	280,695

continued...

Page 21

Settle Area Swimming Pool

Notes to the Financial Statements - continued for the year ended 31 March 2025

The average monthly number of employees during the year was as follows:

		31.3.25
	Average employees	30
	No employees received emoluments in excess of €60,000.
	COMPARATIVES FOR THE STATEMENT OF FINANCIAL
11.	ACTIVITIES
	Unrestricted	Restricted
	funds	fund
	44,013
	232,935
	59,374
	110,342
	276
	282,190
280,695

INCOME AND ENDOWMEN TS FROM Donations and legacies

continued...

Page 22

Settle Area Swimming Pool

Notes to the Financial Statements - continued for the year ended 31 March 2025

C h a

r i t a b l e

a c t i v i t i e s A d m i s s i o n c h a r g e s Other income

O t h e r

t r

continued...

Page 23

Settle Area Swimming Pool

Notes to the Financial Statements - continued for the year ended 31 March 2025

a d i n g

a c t i v i t i e s

I n v e s t m e n t i n c o m e T o t a l

E X P E N D I T

continued...

Page 24

Settle Area Swimming Pool

Notes to the Financial Statements - continued for the year ended 31 March 2025

U R E O N R a i s i n g f u n d s C h a r i t a b l e a c t i v i t i e s D i r e c t

continued...

Page 25

Settle Area Swimming Pool

Notes to the Financial Statements - continued for the year ended 31 March 2025

c h

a

r i t a b l e

e x p e n d i t u r e

T o t a l

N E T I N C O M E / ( E X P E N

continued...

Page 26

Settle Area Swimming Pool

Notes to the Financial Statements - continued for the year ended 31 March 2025

D

I T U R E )

R E C O N C I L I A T I O N O F F U N D S T o t a l f u n d s b r o

continued...

Page 27

Settle Area Swimming Pool

Notes Notes to the Financial Statements to the Financial Statements - - continued cont for the year ended 31 March ~~for the year ended 31 March~~ 2025 ~~2025~~

u g h t

f o r w a r d T O T A L F U N D S C A R R I E D F O R W A R D 12. TANGIBLE FIXED ASSETS Freehold Plant and

continued...

Page 28

Settle Area Swimming Pool

	Notes	Notes to the Financial Statements	to the Financial Statements -	continued
		for the year ended 31 March		for the year ended 31 March 2025
				property	machinery	Totals
	COST
	At I April 2024			911,540	71,572	983,112
	Additions				49,077	49,077
	At 31 March 2025			911,540	120,649	1,0
	DEPRECIATION
	At 1 April 2024			25,827	41,337	67,164
	Charge for year			18,231	19,897	38,128
	At 31 March 2025			44,058	61,234	105,292
	NET BOOK VALUE
	At 31 March 2025			867,482	59,415	926,897
	At 31 March 2024			885,713	30,235	915,948
13.	STOCKS
					31.3.25	31.3.24
	Stocks
					5,386	3,576
14.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR		DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
					31.3.25	31.3.24
	Trade debtors				3,740	6,942
	VAT					2,131
	Prepayments and accrued income				2,375	289
					6,115	9,362
15.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
					31.3.25	31.3.24
	Bank loans and overdrafts (see note 17)				6,162	4,540
	Other loans (see note 17)				96,745	31,326

continued...

Page 29

Settle Area Swimming Pool

Notes to the Financial Statements - continued for the year ended 31 March 2025

Trade creditors		983	19,345	19,345
Social security and other taxes		3,199	2,410
VAT		2,955
Other creditors		690	470
Accrued expenses		5,349	13,719
			116	71
			,08	,8
			3	10
	1 CREDITORS:
	6 AMOUNTS
	.	FALLING DUE
		AFTER MORE
		THAN ONE	THAN ONE
		YEAR
		31.3.25		3
				1.
				3.
				2
				4
				32
		Bank loans (see		,5
		note 17)		96
		Other loans (see		2
		note 17)		6
				6,
				9
				8
				0
	223,829		299,576

17. LOANS

Other loans comprise unsecured community loans from nine individuals, payable in twelve monthly instalments after 1 st April 2025 which will include

continued...

Page 30

Settle Area Swimming Pool

Notes to the Financial Statements - continued for the year ended 31 March 2025

accrued interest at 2%. It also comprises an unsecured loan from Craven District Council, payable in forty consecutive quarterly instalments after 1 st October 2022 which will include accrued interest at 6%. The final unsecured loan is from Key Fund Investments Ltd, payable in one hundred and twenty one monthly instalments after 1st August 2022 which will include accrued interest at 3.95%. The bank loan is secured by a Government supported guarantee against the outstanding facility balance.

1. ACCRUALS AND DEFERRED INCOME

31.3.25

31.3.24

continued...

Page 31

Settle Area Swimming Pool

Notes to the Financial Statements - continued for the year ended 31 March ~~for the year ended 31 March~~ 2025 ~~2025~~ Deferred grants 389,865 370,205

The grants were received for the building project and will be amortised at 2% straight line in line with the rate of depreciation of the building once it has been completed and brought into use.

1. MOVEMENT IN FUNDS

Net movement 4 in funds 31.3.25

U n r e s t r i c t e d f u n d s General ftlnd 280,695 (17,202) 263,493

continued...

Page 32

Settle Area Swimming Pool

Notes to the Financial Statements - continued for the year ended 31 March 2025

TOTAL FUNDS	280,695	(17,202)	263,493
Net movement in funds, included in the above are as follows:
	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds
General fund	507,204	(524,406)	(17,202)
TOTAL FUNDS
507,204
(524,406)
(17,202)

continued...

Page 33

~~Settle Area Swimming Pool~~

Notes to the Financial Statements - continued for the year ended 31 March 2025

19. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

		Net
		movement
	At I .4.23	in funds	31.3.24
Unrestricted funds
General fund	393,927	(113,232)	280,695
TOTAL FUNDS	393,927	(113,232)	280,695
Comparative net movement in funds, included in the above are as follows:	Comparative net movement in funds, included in the above are as follows:
	Incoming	Resources	Movement
	resources	expended	in fttnds
Unrestricted funds
General fund	446,940	(560,172)	(113,232)
TOTAL FUNDS	446,940	(560,172)	(113,232)

A current year 12 months and prior year 12 months combined position is as follows:

		Net
		movement
	At 1.4.23	in funds	31.3.25
Unrestricted funds
General fund	393,927	(130,434)	263,493
TOTAL FUNDS	393,927	(130,434)	263,493
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are
as follows:
	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds
General flind	954,144	(1,084,578)	(130,434)
TOTAL FUNDS	954,144	(1,084,578)	(130,434)

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

1. RELATED PARTY DISCLOSURES

continued...

Page 34

Settle Area Swimming Pool

Notes to the Financial Statements - continued for the year ended 31 March 2025 There were no related party transactions for the year ended 31 March 2025.

Page 35

Settle Area Swimming Pool Detailed Statement of Financial Activities for the year ended 31 March 2025

		31.3.25	31.3.24	31.3.24
INCOME AND ENDOWMENTS
Donations and legacies
Gifts		1
Donations		17,951		36,393
Grants		14,440		7,620
		32,392		44,013
Other trading activities
Shop sales		147,916		110,342
Investment income
Deposit account interest		767		276
Charitable activities
Admission charges		225,674	232,935
Miscellaneous receipts		100,455		59,374
		326,129		292,309
Total incoming resources		507,204		446,940
EXPENDITURE
Raising donations and legacies
Shop costs		14,399		15,162
Charitable activities
Wages		282,190		248,372
Rent and rates		21,812		15,886
Insurance		21,288		60,074
Light and heat		37,668		78,352
Telephone		833		1,491
Advertising and promotion		2,076		950
Sundries		3,276		3,828
Water costs		6,859		5,001
Training		12,898		11,996
Repairs		22,854		27,031
Chemicals and pool supplies		7,142		5,688
Subscription		197
Partial exemption adjustment		26,215		21 404
Depreciation of tangible fixed assets		38,128		31,526
			483 436	511,599
Support costs
Finance
Bank charges 1,172 1,319 Carried forward	1,172 1,319

Page 36

Settle Area Swimming Pool

Notes to the Financial Statements - continued for the year ended 31 March 2025

This page does not form part of the statutory financial statements

Page 37

Settle Area Swimming Pool

	Detailed Statement of Financial Activities
	for the year ended 31 March 2025
		31.3.25	31.3.24
Finance
Brought forward		1,172	1,319
Bank loan interest		533	598
Loan		16,956	15,475
		18,661	17,392
Governance costs
Administration costs		2,014	2,535
Accountancy and legal fees		1,183	1,528
Professional fees		3,238	10,506
Independent examiners fee		1,475	1,450
		7,910	16,019
Total resources expended		524,406	560,172
Net expenditure		(17,202)	(113,232)

Page 38

Settle Area Swimming Pool

This page does not form part of the statutory financial statements

Page 39