2023-09-30-accounts - Wycombe District Swimming Club

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	Page	Page
Reference and Administrative Details
Trustees' Report	2	to	5
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet:
Cash Flow Statement
Notes tothe Cash Flow Statement		10
Notes to the Financial Statements	11	to	16
Detailed Statement of Financial Activities	17	to	18

							30.9.23	30.9.22
					Unrestricted	Restricted	Total	Total
					funds	funds	funds	funds
				Notes			E
INCOME AND ENDOWMENTS			FROM
Donations	and legacies				937		937	919
Charitable	activities
Swimming	club				797,671	75,333	873,004	765,791
Other trading activities					3,890		3,890
Investment	income				771		771	30
Total					803,269	75,333	878,602	766,740
EXPENDITURE ON
Charitable	activities
Swimming	club				791,140	84,884	876,024	740,498
NET INCOME/(EXPENDITURE)					12,129	(9,551)	2,578	26,242
Transfers	between	funds		17	(9,377)	9,377
Net movement in		funds			2,752	(174)	2,578	26,242
RECONCILIATION		OF FUNDS
Total funds	brought	forward			209,078	174	209,252	183,010
TOTAL FUNDS CARRIED FORWARD					211,830		211,830	209,252

	BALANCE SHEET
	30TH SEPTEMBER2023
		30.9.23	30.9.22
	Notes	E
FIXEDASSETS
Tangible assets	13	25,368	27,832
CURRENT ASSETS
Debtors	14	101,429	100,350
Cash at bank		235,950	220,353
		337,379	320,703
CREDITORS
Amounts falling due within one year	15	(150,917)	(139,283)
NET CURRENT ASSETS		186,462	181,420
TOTAL ASSETSLESSCURRENT	LIABILITIES	211,830	209,252
NET ASSETS		211,830	209,252
FUNDS	17
Unrestricted funds		211,830	209,078
Restricted funds			174
TOTAL FUNDS		211,830	209,252

			30.9.23	30.9.22
		Notes	E
Cash flows from operating	activities
Cash generated from operations			23,830	27,493
Net cash provided by operating	activities		23,830	27,493
Cash flows from investing	activities
Purchase of tangible fixed assets			(9,004)	(28,620)
Interest received			771	30
Net cash used in investing activities			(8,233)	(28,590)
Change in cash and cash equivalents		in
the reporting period			15,597	(1,097)
Cash and cash equivalents	at the
beginning ofthe reporting	period		220,353	221,450
Cash and cash equivalents	atthe end	of
the reporting period			235,950	220,353

RECONCILIATION	OF NET I	NCOME TO NET CASH FLOW FROM	OPERATI	NG ACTIVITIE	S
				30.9.23	30.9.22
				E	E
Net income for the	reporting	period (as per the Statement of
Financial Activities)				2,578	26,242
Adjustments for:
Depreciation charges				11,468	1,538
Interest received				(771)	(30)
Increase in debtors				(1,079)	(76,498)
Increase in creditors				11,634	76,241
Net cash provided	by operations			23,830	27,493
ANALYSIS OF CHANGES IN		NET FUNDS
		At	1.10.22	Cash flow	At 30.9.23
Net cash
Cash at bank			220,353	15,597	235,950
			220,353	15,597	235,950
Total			220,353	15,597	235,950

DONATIONS AND LEGACIES
	30.9.23	30.9.22
	E	E
Donations	937	919
OTHER TRADING ACTIVITIES
	30.9.23	30.9.22
	E	E
Sponsorships	3,890
INVESTMENT INCOME
	30.9.23	30.9.22
Depositaccountinterest	771	30

INCOME FR	OM	CHARITABLE ACTIVITIES
			30.9.23	30.9.22
			Swimming	Total
			club	activities
				E
Training Fees			496,266	460,995
Membership	Fees		'l0,773	38,234
ASA Membership		Fees	25,795	23,915
Other income			13,342	9,724
Grants			7,462	798
Open Meet Income			158,447	155,388
External Gala	Entry		49,538	45,669
Event Income			81,381	31,068
			873,004	765,791

					Support
				Direct	costs (see
				Costs	note 8)	Totals
				E
Swimming	club			791,551	84,473	876,024
SUPPORT		COSTS
					Governance
			Finance	Other	costs	Totals
			E		E
Swimming	club		136	81,004	3.333	84,473
NET INCOME/(EXPENDITURE)
Net income/(expenditure)			is stated after charging/(crediting):
					30.9.23	30.9.22
					E	E
Depreciation		- owned assets			11,468	1,538

			Unrestricted	Restricted	Total
			funds E	funds	fundsf
INCOME AND ENDOWMENTS		FROM
Donations	and legacies		919		919
Charitable	activities
Swimming	club		696,207	69,584	765,791
Investment	income		30		30
Total			697,156	69,584	766,740
EXPENDITURE ON
Charitable	activities
Swimming	club		668,137	72,361	740,498
NET INCOME/(EXPENDITURE)			29,019	(2,777)	26,242
Transfers	between funds		(2,777)	2,777
Net movement in funds			26,242		26,242

	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER2023	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER2023	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER2023	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER2023
12.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES - continued
			Unrestricted	Restricted	Total
			funds	funds	funds
			E	f	E
	RECONCILIATION	OF FUNDS
	Total funds brought	forward	182,836	174	183,010
	TOTAL FUNDS CARRIED FORWARD		209,078	174	209,252
13.	TANGIBLE FIXED	ASSETS
					Fixtures
					and
					fittings
	COST
	At 1st October 2022				39,721
	Additions				9,004
	At 30th September	2023			48,725
	DEPRECIATION
	At 1stOctober 2022				11,889
	Charge for year				11,468
	At 30th September	2023			23,357
	NET BOOK VALUE
	At 30th September	2023			25,368
	At 30th September	2022			27,832

	probable and the cost o	probable and the cost o	r value of the asset can be measured reliably.
14.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
				30.9.23	30.9.22
					E
	Trade debtors				10,647
	Prepayments	and accrued income		101,429	89,703
				101,429	100,350

15.	CREDI	TORS:		AMOU	NT	S FALL	ING DUE WITHI	N ONE YEAR
										30.9.23	30.9.22
										E	E
	Social security		and other			taxes				7,629	4,609
	Wages	payable									19
	Accruals	and deferred			income					143,288	134,655
										150,917	139,283
16.	ANALYSIS OF			NET	ASSETS BETWEEN FUNDS
										30.9.23	30.9.22
							Unrestricted		Restricted	Total	Total
								funds	funds	funds	funds
								E			E
	Fixed assets							25,368		25,368	27,832
	Current	assets						316,876	20,503	337,379	320,703
	Current	liabilities						(130,414)	(20,503)	(150,917)	(139,283)
								211,830		211,830	209,252
17.	MOVEMENT IN FUNDS
									Net	Transfers
									movement	between
								At 1.10.22	in funds	funds	At 30.9.23
								E		E
	Unrestricted		funds
	General	Funds-		all funds				209,078	12,129	(9,377)	211,830
	Restricted funds
	ASA membership
									(1,437)	1,437
	External	gala events
								174	(8,114)	7,940
								174	(9,551)	9,377
	TOTAL	FUNDS						209,252	2,578		211,830
	Net movement			in funds,		included	in the above are	as follows:
									Incoming	Resources	Movement
									resources	expended	in funds
									E	E	E
	Unrestricted		funds
	General	Funds-		all funds					803,269	(791,140)	12,129
	Restricted funds
	ASA membership
									25,795	(27,232)	(1,437)
	External	gala events
									49,538	(57,652)	(8,114)
									75,333	(84,884)	(9,551)
	TOTAL	FUNDS							878,602	(876,024)	2,578

Compar	ative	s	for movem	ent in f	unds
							Net	Transfers
							movement	between
						At 1.10.21	in funds	funds	At 30.9.22
						E	E	E
Unrestricted			funds
General	Funds-		all funds			182,836	29,019	(2,777)	209,078
Restricted		funds
ASA membership
							(1,056)	1,056
External	gala	events
						174	(1,721)	1,721	174
						174	(2,777)	2 777	174
TOTAL	FUNDS					183,010	26,242		209,252
Comparative		net movement		in funds,	included	in the above are as follows
							Incoming	Resources	Movement
							resources	expended	in funds
							E
Unrestr	icted		funds
General	Funds-		all funds				697,156	(668,137)	29,019
Restricted		funds
ASA membership
							23,915	(24,971)	(1,056)
External	gala	events
							45,669	(47,390)	(1,721)
							69,584	(72,361)	(2,777)
TOTAL	FUNDS						766,740	(740,498)	26,242

membershi	p incom	e received in	advance.
				30.9.23	30.9.22
					E
Deferred	income at 1October 2022			127,430	53,503
Resources	deferred	during the year		132,140	127,430
Amounts	released	from previous	periods	(127,430)	(53,503)
				132~140	127~430

		DETAILED STATEMENT OF FINANCIAL ACTIVITIES
		FOR THE YEAR ENDED 30TH SEPTEMBER2023
			30.9.23	30.9.22
				E
INCOME AND ENDOWMENTS
Donations and	legacies
Donations			937	919
Other trading activities
Sponsorships			3,890
Investment income
Deposit account interest			771	30
Charitable activities
Training Fees			496,266	460,995
Membership Fees			40,773	38,234
ASA Membership	Fees		25,795	23,915
Other income			13,342	9,724
Grants			7,462	798
Open Meet Income			158,447	155,388
External Gala Entry			49,538	45,669
Event Income			. 81,381	31,068
			873,004	765,791
Total incoming	resources		878,602	766,740
EXPENDITURE
Charitable activities
Wages			256,660	123,910
Social security			17,811	6,652
Pensions			7,901	3,898
Pool hire			244,203	217,364
Gala entry fees			57,652	47,390
Coaching			61,238	174,396
ASA membership	fees		27,232	24,971
Lifeguard costs			572	520
Equipment			4,988	3,467
Event travel			81,664	27,120
Other travel &regional costs			1,116	4,168
Open meet			59	7,069
Other costs			15,322	11,452
Trophies &Awards			3,665	10,817
Fixtures and fittings			11,468	1,538
			791,551	664,732
Support costs
Finance
Bank charges			136	221
Other
Insurance			584	626
Telephone &Internet			1,004	604
Carried forward			1,588	1,230

		FOR THE YEAR ENDED 3	0TH SEPTEMBER2023
			30.9.23	30.9.22
Other
Brought forward			1,588	1,230
Postage and		stationery	16,041	11,731
Administration			43,892	41,355
Catering			11,925	11,927
Travel expenses			4,353	2,687
Advertising	and marketing		2,108	439
Security			1,097	2,370
			81,004	71,739
Governance		costs
Accountancy		and legal fees	3333	3,806
Total resources		expended	876,024	740,498
Net income			2,578	26,242