**Carnforth Community Swimming Pool**
Report: 22[nd] February 2021
## **2020 Year Accounts – Report to Accountant**
## **Pool Availability**
An abnormal year since the March 2020 Covid closure, although very popular from 16[th] August 2020 for mental and physical health benefits, when reopened with special Covid related measures.
The Pool closed again 5[th] November 2020 to all but primary schools until the Christmas/New Year break and has been closed during all of 2021 to date.
## **Grants**
£25,000 via the Lancaster City Council in April 2020 protected the sinking fund, reduced mostly by the cost of gas, electricity, water and insurance until restricted re-opening in August.
£1,000 from the Carnforth Town Council and £500 from Carnforth Rotary then minimised use of the sinking fund in the period through November to Christmas/New year, given far less than a break-even situation with just schools attending. The Pool has remained closed since and with staff again on Furlough and JRS payments are coming in.
Other grants came in during 2020 to pay for members of the community of all ages, suffering the effects of Covid lockdowns. These are as follows, although not yet utilised and hence revenue for 2021.
- **£469 Junior Swims,** with funds from a LCC Champions Foxcroft grant Youngsters up to the age of 14 with alternative weeks of fun sessions and Royal Life Saving Society “ _Rookie Lifeguard_ **”** courses, to learn about water survival and rescue.
- **£500 Adult - pilot project,** with funds from Tesco Bags of Help. Adults referred from ICC, with Teacher, for a gentle exercise swim.
- **£500 Adult - follow on,** with funds from a LCC Champions grant Swims for six adults referred from ICC, with Teacher, for gentle exercise.
- **£500 Senior Adults** , with funds from Lancaster District, Eric Wright Charitable Trust for older members of the community having suffered especially from isolation.
## **Xero Accounting Software**
We are appreciative of the new software, which given most welcome assistance from RFM Julie, has enabled the 2020 account detail to be provided on-line. There are a few points of note:
- Transactions in 2020 relating to 2019 will no doubt be as already recorded in previous year accounts.
- Transactions in 2021 relating to 2020 have been identified with a text note and all given a date of 26Dec20 in the Account adjustments (bank statements unchanged), such that they can easily be identified. An alternative system may be preferred.
- Transactions over the counter as cash or card are recorded by the cash register to include especially the various rates of VAT. All are considered to be zero VAT in Xero, but with monthly adjustments from the cash till print outs for VAT returns.
- There is a Custom Report in Xero intended as a summary under true income and expenditure codes, although a check in the “Payroll” area would be appreciated.
## **Bank Statements**
Current account statements have been provided as PDF by email, although the Cumberland does not issue Savings account statements that are in Xero, on line.
John Blowes – Trustee and Director
**REGISTERED COMPANY NUMBER: 10971332 (England and Wales) REGISTERED CHARITY NUMBER: 1176769**
## **Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31 December 2020**
## **for**
## **Carnforth Community Swimming Pool Ltd**
RfM Fylde Limited Summerdale Head Dyke Lane Pilling Preston Lancashire PR3 6SJ
**Carnforth Community Swimming Pool Ltd**
**Contents of the Financial Statements for the Year Ended 31 December 2020**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Statement of Financial Activities**||4||
|**Balance Sheet**||5||
|**Notes to the Financial Statements**|6|to|14|
|**Detailed Statement of Financial Activities**|15|to|16|
## **Carnforth Community Swimming Pool Ltd**
## **Report of the Trustees for the Year Ended 31 December 2020**
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 December 2020. 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 operate the Carnforth Community Swimming Pool for the benefit of all members of the public to include in particular, promoting the leisure, health and safety benefits of swimming for all ages, and especially teaching young persons to swim.
## **Achievement and Performance**
A difficult year due to Covid with Pool closure March to August 2020 and introduction of the furlough arrangements. Re-opening then with Covid precautions of reduced numbers, sanitising between sessions and external doors open to provide added ventilation. The Pool has however been very popular and utilised to its temporarily limited capacity by the general public, groups and schools, hence objectives were achieved when the doors were open.
Page 1
**Carnforth Community Swimming Pool Ltd**
## **Report of the Trustees for the Year Ended 31 December 2020**
## **Financial review**
Swimming activity revenue was reduced from a more normal £130,000 to £79,000 compensated by grants, donations to cover the reduced wage and utilility costs etc. Advantage was also taken of breaks to review prices, resulting in a general inflation increase, along with regularising the inherited school lesson charges.
For the year ended 31 December 2020:
## **Income and Expenditure**
In terms of income:
1. Donations of £3,564 were received from Friends of Carnforth Pool.
2. Gift aid of £1,031 was received.
3. Grants totalled £3,960 and comprise monies from restricted funds and unrestricted funds as shown in note 12.
4. Swimming activities generated income of £78,634.
5. Additional grants related to coronavirus support total £37,001 and made up of £25,000 business support grant and £12,001 job retention scheme grant.
Total incoming resources was £124,190.
The expenditure figures comprise:
1. The main expense is Wages (£42,196) and Lifeguards and instructors (£24,475) totalling £66,671.
2. Coach hire of £10,740 covers the cost of transporting school children to and from the pool.
3. Cost of refurbishment and repairs were £6,263.
The total resources expended was £121,154.
Total resources expended exceeded incoming resources by £3,036, Of this £498 represented net expenditure from restricted grant funding such that there is a deficit for the year on normal charity operations of £74.
## **Balance Sheet**
As detailed above with resources expended exceeding incoming resources by £3,036 the carried forward reserves amount to £38,791. See note 12.
During the year a number of the Restricted Funds were utilised in line with the grant terms and conditions resulting in the funds being transferred to the Unrestricted General Fund, see note 12.
Bank balances totalled £30,495.
The reserves are managed to fulfil the objectives of the Charity.
The trustees consider this to be a healthy financial position.
## **Structure, governance and management**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **Reference and administrative details**
## **Registered Company number**
10971332 (England and Wales)
## **Registered Charity number**
1176769
Page 2
**Carnforth Community Swimming Pool Ltd**
## **Report of the Trustees for the Year Ended 31 December 2020**
## **Registered office**
Carnforth Community Swimming Pool Kellet Road Carnforth Lancaster Lancashire LA5 9LS
## **Trustees**
Mr M H Dudfield (resigned 31/7/2020) Mrs F Wood (resigned 13/6/2020) Mr J Blowes Mrs E J Paul (appointed 14/7/2020) Mr L D Law (appointed 14/7/2020) Mr J M Grisenthwaite (appointed 14/7/2020)
Approved by order of the board of trustees on 29 July 2021 and signed on its behalf by:
Mr J Blowes - Trustee
Page 3
## **Carnforth Community Swimming Pool Ltd**
## **Statement of Financial Activities for the Year Ended 31 December 2020**
|Unrestricted
funds
Notes
£
**Income and endowments from**
Donations and legacies
5,594
Other trading activities
2
78,635
Investment income
3
-
Other income
37,001
**Total**
121,230
**Expenditure on**
**Charitable activities**
Charitable
120,058
**NET INCOME/(EXPENDITURE)**
1,172
**Transfers between funds**
11
7,632
**Net movement in funds**
8,804
**Reconciliation of funds**
**Total funds brought forward**
27,837
**Total funds carried forward**
36,641|Restricted
funds
£
2,961
-
-
-
2,961
1,096
1,865
(7,632)
(5,767)
7,917
2,150|2020
Total
funds
£
8,555
78,635
-
37,001
124,191
121,154
3,037
-
3,037
35,754
38,791|2019
Total
funds
£
21,909
132,730
265
-
154,904
171,295
(16,391)
-
(16,391)
52,145
35,754|
|---|---|---|---|
The notes form part of these financial statements
Page 4
## **Carnforth Community Swimming Pool Ltd**
## **Balance Sheet 31 December 2020**
|Unrestricted
Restricted
funds
funds
Notes
£
£
**Fixed assets**
Tangible assets
8
6,300
-
**Current assets**
Debtors
9
4,674
-
Cash at bank and in hand
28,345
2,150
33,019
2,150
**Creditors**
Amounts falling due within one year
10
(2,678)
-
**Net current assets**
30,341
2,150
**Total assets less current liabilities**
36,641
2,150
**NET ASSETS**
36,641
2,150
**Funds**
11
Unrestricted funds
Restricted funds
**Total funds**|2020
Total
funds
£
6,300
4,674
30,495
35,169
(2,678)
32,491
38,791
38,791
36,641
2,150
38,791|2019
Total
funds
£
7,412
9,305
23,966
33,271
(4,929)
28,342
35,754
35,754
27,837
7,917
35,754|
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 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.
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 29 July 2021 and were signed on its behalf by:
Mr J Blowes - Trustee
The notes form part of these financial statements
Page 5
**Carnforth Community Swimming Pool Ltd**
## **Notes to the Financial Statements for the Year Ended 31 December 2020**
## **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**
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.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. Other trading activities**
|**Other trading activities**|||
|---|---|---|
|School swimming
Group swimming
Public swimming|2020
£
38,941
2,767
36,927
78,635|2019
£
46,176
12,874
73,680|
|||132,730|
continued...
Page 6
**Carnforth Community Swimming Pool Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2020**
## **3. Investment income**
## **4.**
|**Investment income**|||
|---|---|---|
||2020|2019|
||£|£|
|Deposit account interest|-|265|
|**Net income/(expenditure)**|||
|Net income/(expenditure) is stated after charging/(crediting):|||
||2020|2019|
||£|£|
|Depreciation - owned assets|1,112|1,308|
## **5. Trustees' remuneration and benefits**
There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.
## **6. Staff costs**
The average monthly number of employees during the year was as follows:
## **7.**
|Full and part time
No employees received emoluments in excess of £60,000.
**Comparatives for the statement of financial activities**
Unrestricted
funds
£
**Income and endowments from**
Donations and legacies
549
Other trading activities
132,732
Investment income
265
**Total**
133,546
**Expenditure on**
**Charitable activities**
Charitable
148,552
**NET INCOME/(EXPENDITURE)**
(15,006)
**Transfers between funds**
11,884
**Net movement in funds**
(3,122)|2020
3
Restricted
funds
£
21,360
(2)
-
21,358
22,743
(1,385)
(11,884)
(13,269)|2019
3
Total
funds
£
21,909
132,730
265
154,904
171,295
(16,391)
-
(16,391)|
|---|---|---|
continued...
Page 7
## **Carnforth Community Swimming Pool Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2020**
|**7.**
**Comparatives for the statement of financial activities - continued**
Unrestricted
funds
£
**Reconciliation of funds**
**Total funds brought forward**
30,959
**Total funds carried forward**
27,837
**8.**
**Tangible fixed assets**
**Cost**
At 1 January 2020 and 31 December 2020
**Depreciation**
At 1 January 2020
Charge for year
At 31 December 2020
**Net book value**
At 31 December 2020
At 31 December 2019
**9.**
**Debtors: amounts falling due within one year**
Trade debtors
Other debtors
Prepayments|Restricted
Total
funds
funds
£
£
21,186
52,145
7,917
35,754
Plant and
machinery
£
9,179
1,767
1,112
2,879
6,300
7,412
2020
2019
£
£
-
7,044
225
1,843
4,449
418
4,674
9,305|Total
funds
£
52,145|
|---|---|---|
|||35,754|
||||
continued...
Page 8
**Carnforth Community Swimming Pool Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2020**
## **10. Creditors: amounts falling due within one year**
||||2020|2019|
|---|---|---|---|---|
||||£|£|
|Trade creditors|||-|3,929|
|Social security and other taxes|||1,677|-|
|Accrued expenses|||1,001|1,000|
||||2,678|4,929|
|**Movement in funds**|||||
|||Net|Transfers||
|||movement|between|At|
||At 1/1/20|in funds|funds|31/12/20|
||£|£|£|£|
|**Unrestricted funds**|||||
|General fund|12,092|1,172|(1,623)|11,641|
|Sinking fund|15,745|-|9,255|25,000|
||27,837|1,172|7,632|36,641|
|**Restricted funds**|||||
|Training young lifeguards|1,160|-|(1,160)|-|
|Assistance for marketing and revenue|2,552|-|(2,362)|190|
|Tweens Swim Club re: anti social|||||
|behaviour|842|-|(842)|-|
|Galbraith Two for materials, upgrading and|||||
|marketing|374|(374)|-|-|
|Tesco Grant|2,989|279|(3,268)|-|
|Junior Swims|-|460|-|460|
|Adult - Pilot Project|-|500|-|500|
|Adult - Follow On|-|500|-|500|
|Senior Adults|-|500|-|500|
||7,917|1,865|(7,632)|2,150|
|**TOTAL FUNDS**|35,754|3,037|-|38,791|
|Net movement in funds, included in the above are as follows:|||||
## **11. Movement in funds**
|**Unrestricted funds**
General fund
**Restricted funds**
Galbraith Two for materials, upgrading and
marketing
Tesco Grant
Junior Swims
Adult - Pilot Project
Adult - Follow On
Senior Adults
**TOTAL FUNDS**|Incoming
resources
£
121,230
-
1,001
460
500
500
500
2,961
124,191|Resources
Movement
expended
in funds
£
£
(120,058)
1,172
(374)
(374)
(722)
279
-
460
-
500
-
500
-
500
(1,096)
1,865
(121,154)
3,037|Resources
Movement
expended
in funds
£
£
(120,058)
1,172
(374)
(374)
(722)
279
-
460
-
500
-
500
-
500
(1,096)
1,865
(121,154)
3,037|
|---|---|---|---|
||||1,865|
||||3,037|
continued...
Page 9
**Carnforth Community Swimming Pool Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2020**
## **11. Movement in funds - continued**
## **Comparatives for movement in funds**
|||Net|Transfers||
|---|---|---|---|---|
|||movement|between|At|
||At 1/1/19|in funds|funds|31/12/19|
||£|£|£|£|
|**Unrestricted funds**|||||
|General fund|11,012|(9,932)|11,012|12,092|
|General use fund|4,302|(5,074)|772|-|
|Sinking fund|15,645|-|100|15,745|
||30,959|(15,006)|11,884|27,837|
|**Restricted funds**|||||
|Training young lifeguards|2,811|-|(1,651)|1,160|
|Promotion and materials|134|(76)|(58)|-|
|1st stage upgrading, uniforms and publicity|79|(102)|23|-|
|Lifeguard training equipment|227|(403)|176|-|
|Assistance for marketing and revenue|1,000|1,626|(74)|2,552|
|Associated activity of Nordic Pole walking|500|-|(500)|-|
|Swim vouchers, over 60s and less fortunate|4,250|-|(4,250)|-|
|Tweens Swim Club re: anti social|||||
|behaviour|1,470|-|(628)|842|
|Match Funding - Friends and Other Grants|-|(5,508)|5,508|-|
|Galbraith Two for materials, upgrading and|||||
|marketing|4,216|(482)|(3,360)|374|
|Vera Wolstencroft Fund|5,000|(810)|(4,190)|-|
|Friends of Carnforth Pool|1,499|1,381|(2,880)|-|
|Tesco Grant|-|2,989|-|2,989|
||21,186|(1,385)|(11,884)|7,917|
|**TOTAL FUNDS**|52,145|(16,391)|-|35,754|
continued...
Page 10
**Carnforth Community Swimming Pool Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2020**
## **11. Movement in funds - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
General use fund
**Restricted funds**
Promotion and materials
1st stage upgrading, uniforms and publicity
Lifeguard training equipment
Assistance for marketing and revenue
Match Funding - Friends and Other Grants
Galbraith Two for materials, upgrading and
marketing
Vera Wolstencroft Fund
Friends of Carnforth Pool
Tesco Grant
**TOTAL FUNDS**|Incoming
resources
£
133,546
-
133,546
-
-
-
2,000
12,650
2,000
-
1,708
3,000
21,358
154,904|Resources
Movement
expended
in funds
£
£
(143,478)
(9,932)
(5,074)
(5,074)
(148,552)
(15,006)
(76)
(76)
(102)
(102)
(403)
(403)
(374)
1,626
(18,158)
(5,508)
(2,482)
(482)
(810)
(810)
(327)
1,381
(11)
2,989
(22,743)
(1,385)
(171,295)
(16,391)|
|---|---|---|
continued...
Page 11
**Carnforth Community Swimming Pool Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2020**
## **11. Movement in funds - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|||Net|Transfers||
|---|---|---|---|---|
|||movement|between|At|
||At 1/1/19|in funds|funds|31/12/20|
||£|£|£|£|
|**Unrestricted funds**|||||
|General fund|11,012|(8,760)|9,389|11,641|
|General use fund|4,302|(5,074)|772|-|
|Sinking fund|15,645|-|9,355|25,000|
||30,959|(13,834)|19,516|36,641|
|**Restricted funds**|||||
|Training young lifeguards|2,811|-|(2,811)|-|
|Promotion and materials|134|(76)|(58)|-|
|1st stage upgrading, uniforms and publicity|79|(102)|23|-|
|Lifeguard training equipment|227|(403)|176|-|
|Assistance for marketing and revenue|1,000|1,626|(2,436)|190|
|Associated activity of Nordic Pole walking|500|-|(500)|-|
|Swim vouchers, over 60s and less fortunate|4,250|-|(4,250)|-|
|Tweens Swim Club re: anti social|||||
|behaviour|1,470|-|(1,470)|-|
|Match Funding - Friends and Other Grants|-|(5,508)|5,508|-|
|Galbraith Two for materials, upgrading and|||||
|marketing|4,216|(856)|(3,360)|-|
|Vera Wolstencroft Fund|5,000|(810)|(4,190)|-|
|Friends of Carnforth Pool|1,499|1,381|(2,880)|-|
|Tesco Grant|-|3,268|(3,268)|-|
|Junior Swims|-|460|-|460|
|Adult - Pilot Project|-|500|-|500|
|Adult - Follow On|-|500|-|500|
|Senior Adults|-|500|-|500|
||21,186|480|(19,516)|2,150|
|**TOTAL FUNDS**|52,145|(13,354)|-|38,791|
continued...
Page 12
**Carnforth Community Swimming Pool Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2020**
## **11. Movement in funds - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
General use fund
**Restricted funds**
Promotion and materials
1st stage upgrading, uniforms and publicity
Lifeguard training equipment
Assistance for marketing and revenue
Match Funding - Friends and Other Grants
Galbraith Two for materials, upgrading and
marketing
Vera Wolstencroft Fund
Friends of Carnforth Pool
Tesco Grant
Junior Swims
Adult - Pilot Project
Adult - Follow On
Senior Adults
**TOTAL FUNDS**|Incoming
resources
£
254,776
-
254,776
-
-
-
2,000
12,650
2,000
-
1,708
4,001
460
500
500
500
24,319
279,095|Resources
Movement
expended
in funds
£
£
(263,536)
(8,760)
(5,074)
(5,074)
(268,610)
(13,834)
(76)
(76)
(102)
(102)
(403)
(403)
(374)
1,626
(18,158)
(5,508)
(2,856)
(856)
(810)
(810)
(327)
1,381
(733)
3,268
-
460
-
500
-
500
-
500
(23,839)
480
(292,449)
(13,354)|
|---|---|---|
## **Restricted Income Funds**
These comprise funds designated for specific purposes as highlighted above.
## **Unrestricted Income Funds**
## General Fund
The general unrestricted fund represents free funds of the charity which can be applied at the discretion of the trustees.
## Designated General Use Fund
The designated General Use Fund represents funds from Lancashire County Council that the trustees have put aside from general funds to aid the day to day running costs.
## Designated Sinking Fund
The designated Sinking Fund represents funds from Lancashire County Council that the trustees have put aside from general funds to aid cash flow in the first year.
continued...
Page 13
**Carnforth Community Swimming Pool Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2020**
## **12. Other financial commitments**
The building and swimming pool are on a 125 year lease from Lancashire County Council with an annual peppercorn rent.
## **13. Related party disclosures**
There were no related party transactions for the year ended 31 December 2020.
Page 14
## **Carnforth Community Swimming Pool Ltd**
## **Detailed Statement of Financial Activities for the Year Ended 31 December 2020**
|**Income and endowments**
**Donations and legacies**
Donations
Gift aid
Grants
**Other trading activities**
School swimming
Group swimming
Public swimming
**Investment income**
Deposit account interest
**Other income**
Business support grant
Job retention scheme grant
**Total incoming resources**
**Expenditure**
**Charitable activities**
Wages
Pensions
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Advertising
Sundries
Hire of plant and machinery
Coach hire
Repairs and renewals
Water treatment
Maintenance
Training
Goods for resale
Lifeguards and instructors
Training
Computer costs
Carried forward|2020
£
3,564
1,031
3,960
8,555
38,941
2,767
36,927
78,635
-
25,000
12,001
37,001
124,191
42,196
1,864
5,707
5,697
14,239
592
278
380
317
-
10,740
6,263
1,882
873
1,031
400
24,475
798
370
118,102|2019
£
2,259
-
19,650|
|---|---|---|
|||21,909
46,176
12,874
73,680|
|||132,730
265
-
-|
|||-|
|||154,904
38,071
881
3,277
6,679
23,917
431
298
725
1,221
162
12,880
28,838
-
6,146
-
1,935
42,186
154
188
167,989|
This page does not form part of the statutory financial statements
Page 15
## **Carnforth Community Swimming Pool Ltd**
|**Detailed Statement of Financial Activities**
**for the Year Ended 31 December 2020**
**Charitable activities**
Brought forward
Cleaning and waste disposal
Depreciation of tangible fixed assets
**Support costs**
**Finance**
Bank charges
**Governance costs**
Accountancy and legal fees
Total resources expended
**Net income/(expenditure)**|2020
£
118,102
909
1,112
120,123
31
1,000
121,154
3,037|2019
£
167,989
32
1,308
169,329
966
1,000
171,295
(16,391)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 16
**REGISTERED COMPANY NUMBER: 10971332 (England and Wales) REGISTERED CHARITY NUMBER: 1176769**
## **Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31 December 2020**
## **for**
## **Carnforth Community Swimming Pool Ltd**
RfM F�lde Limited Summerdale Head D�ke Lane Pilling Preston Lancashire PR3 6SJ
**Carnforth Community Swimming Pool Ltd**
## **Contents of the Financial Statements for the Year Ended 31 December 2020**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Statement of Financial Activities**||4||
|**Balance Sheet**||5||
|**Notes to the Financial Statements**|6|to|14|
**Carnforth Community Swimming Pool Ltd (Registered number: 10971332)**
## **Report of the Trustees for the Year Ended 31 December 2020**
The trustees �ho are also directors of the charit�for the purposes of the Companies Act 2006, present their report �ith the financial statements of the charit�for the �ear ended 31 December 2020. The trustees have adopted the provisions of Accounting and Reporting b�Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance �ith the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 Januar� 2019).
## **Objectives and activities**
## **Objectives and aims**
To operate the Carnforth Communit�S�imming Pool for the benefit of all members of the public to include in particular, promoting the leisure, health and safet�benefits of s�imming for all ages, and especiall�teaching �oung persons to s�im.
## **Achievement and Performance**
A difficult �ear due to Covid �ith Pool closure March to August 2020 and introduction of the furlough arrangements. Re-opening then �ith Covid precautions of reduced numbers, sanitising bet�een sessions and e�ternal doors open to provide added ventilation. The Pool has ho�ever been ver�popular and utilised to its temporaril�limited capacit� b� the general public, groups and schools, hence objectives �ere achieved �hen the doors �ere open.
Page 1
**Carnforth Community Swimming Pool Ltd (Registered number: 10971332)**
## **Report of the Trustees for the Year Ended 31 December 2020**
## **Financial review**
S�imming activit�revenue �as reduced from a more normal �130,000 to �79,000 compensated b�grants, donations to cover the reduced �age and utililit�costs etc. Advantage �as also taken of breaks to revie�prices, resulting in a general inflation increase, along �ith regularising the inherited school lesson charges.
For the �ear ended 31 December 2020:
## **Income and Expenditure**
In terms of income:
1. Donations of �3,564 �ere received from Friends of Carnforth Pool.
2. Gift aid of �1,031 �as received.
3. Grants totalled �3,960 and comprise monies from restricted funds and unrestricted funds as sho�n in note 12.
4. S�imming activities generated income of �78,634.
5. Additional grants related to coronavirus support total �37,001 and made up of �25,000 business support grant and
- �12,001 job retention scheme grant.
Total incoming resources �as �124,190.
The e�penditure figures comprise:
1. The main e�pense is Wages (�42,196) and Lifeguards and instructors (�24,475) totalling �66,671.
2. Coach hire of �10,740 covers the cost of transporting school children to and from the pool.
3. Cost of refurbishment and repairs �ere �6,263.
The total resources e�pended �as �121,154.
Total resources e�pended e�ceeded incoming resources b��3,036, Of this �498 represented net e�penditure from restricted grant funding such that there is a deficit for the �ear on normal charit� operations of �74.
## **Balance Sheet**
As detailed above �ith resources e�pended e�ceeding incoming resources b��3,036 the carried for�ard reserves amount to �38,791. See note 12.
During the �ear a number of the Restricted Funds �ere utilised in line �ith the grant terms and conditions resulting in the funds being transferred to the Unrestricted General Fund, see note 12.
Bank balances totalled �30,495.
The reserves are managed to fulfil the objectives of the Charit�.
The trustees consider this to be a health� financial position.
## **Structure, governance and management**
## **Governing document**
The charit�is controlled b�its governing document, a deed of trust, and constitutes a limited compan�, limited b� guarantee, as defined b� the Companies Act 2006.
## **Reference and administrative details**
## **Registered Company number**
10971332 (England and Wales)
## **Registered Charity number**
1176769
Page 2
**Carnforth Community Swimming Pool Ltd (Registered number: 10971332)**
## **Report of the Trustees for the Year Ended 31 December 2020**
## **Registered office**
Carnforth Communit� S�imming Pool Kellet Road Carnforth Lancaster Lancashire LA5 9LS
## **Trustees**
Mr M H Dudfield (resigned 31/7/2020) Mrs F Wood (resigned 13/6/2020) Mr J Blo�es Mrs E J Paul (appointed 14/7/2020) Mr L D La� (appointed 14/7/2020) Mr J M Grisenth�aite (appointed 14/7/2020) Approved b� order of the board of trustees on 29 Jul� 2021 and signed on its behalf b�:
Mr J Blo�es - Trustee
Page 3
## **Carnforth Community Swimming Pool Ltd**
## **Statement of Financial Activities for the Year Ended 31 December 2020**
|Unrestricted
funds
Notes
�
**Income and endowments from**
Donations and legacies
5,594
Other trading activities
2
78,635
Investment income
3
-
Other income
37,001
**Total**
121,230
**Expenditure on**
**Charitable activities**
Charitable
120,058
**NET INCOME/(EXPENDITURE)**
1,172
**Transfers between funds**
11
7,632
**Net movement in funds**
8,804
**Reconciliation of funds**
**Total funds brought forward**
27,837
**Total funds carried forward**
36,641|Restricted
funds
�
2,961
-
-
-
2,961
1,096
1,865
(7,632)
(5,767)
7,917
2,150|2020
Total
funds
�
8,555
78,635
-
37,001
124,191
121,154
3,037
-
3,037
35,754
38,791|2019
Total
funds
�
21,909
132,730
265
-
154,904
171,295
(16,391)
-
(16,391)
52,145
35,754|
|---|---|---|---|
The notes form part of these financial statements
Page 4
## **Carnforth Community Swimming Pool Ltd (Registered number: 10971332)**
## **Balance Sheet 31 December 2020**
|Unrestricted
Restricted
funds
funds
Notes
�
�
**Fixed assets**
Tangible assets
8
6,300
-
**Current assets**
Debtors
9
4,674
-
Cash at bank and in hand
28,345
2,150
33,019
2,150
**Creditors**
Amounts falling due �ithin one �ear
10
(2,678)
-
**Net current assets**
30,341
2,150
**Total assets less current liabilities**
36,641
2,150
**NET ASSETS**
36,641
2,150
**Funds**
11
Unrestricted funds
Restricted funds
**Total funds**|2020
Total
funds
�
6,300
4,674
30,495
35,169
(2,678)
32,491
38,791
38,791
36,641
2,150
38,791|2019
Total
funds
�
7,412
9,305
23,966
33,271
(4,929)
28,342
35,754
35,754
27,837
7,917
35,754|
|---|---|---|
The charitable compan�is entitled to e�emption from audit under Section 477 of the Companies Act 2006 for the �ear ended 31 December 2020.
The members have not required the compan�to obtain an audit of its financial statements for the �ear ended 31 December 2020 in accordance �ith Section 476 of the Companies Act 2006.
The trustees ackno�ledge their responsibilities for
- (a) ensuring that the charitable compan�keeps accounting records that compl��ith Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements �hich give a true and fair vie�of the state of affairs of the charitable compan� as at the end of each financial �ear and of its surplus or deficit for each financial �ear in accordance �ith the requirements of Sections 394 and 395 and �hich other�ise compl��ith the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable compan�.
These financial statements have been prepared in accordance �ith the provisions applicable to charitable companies subject to the small companies regime.
The financial statements �ere approved b�the Board of Trustees and authorised for issue on 29 Jul�2021 and �ere signed on its behalf b�:
Mr J Blo�es - Trustee
The notes form part of these financial statements
Page 5
**Carnforth Community Swimming Pool Ltd**
## **Notes to the Financial Statements for the Year Ended 31 December 2020**
## **1. Accounting policies**
## **Basis of preparing the financial statements**
The financial statements of the charitable compan�, �hich is a public benefit entit�under FRS 102, have been prepared in accordance �ith the Charities SORP (FRS 102) 'Accounting and Reporting b�Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance �ith the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 Januar� 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 charit�has entitlement to the funds, it is probable that the income �ill be received and the amount can be measured reliabl�.
## **Expenditure**
Liabilities are recognised as e�penditure as soon as there is a legal or constructive obligation committing the charit�to that e�penditure, it is probable that a transfer of economic benefits �ill be required in settlement and the amount of the obligation can be measured reliabl�. E�penditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the categor�. Where costs cannot be directl� attributed to particular headings the�have been allocated to activities on a basis consistent �ith the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the follo�ing annual rates in order to �rite off each asset over its estimated useful life.
Plant and machiner� - 25% on reducing balance
## **Taxation**
The charit� is e�empt from corporation ta� on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance �ith the charitable objectives at the discretion of the trustees.
Restricted funds can onl�be used for particular restricted purposes �ithin the objects of the charit�. Restrictions arise �hen specified b� the donor or �hen funds are raised for particular restricted purposes.
Further e�planation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charitable compan�operates a defined contribution pension scheme. Contributions pa�able to the charitable compan�'s pension scheme are charged to the Statement of Financial Activities in the period to �hich the� relate.
## **2. Other trading activities**
|School s�imming
Group s�imming
Public s�imming|2020
�
38,941
2,767
36,927
78,635|2019
�
46,176
12,874
73,680
132,730|
|---|---|---|
continued...
Page 6
**Carnforth Community Swimming Pool Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2020**
## **3. Investment income**
## **4.**
|**Investment income**|||
|---|---|---|
||2020|2019|
||�|�|
|Deposit account interest||-
265|
|**Net income/(expenditure)**
Net income/(e�penditure) is stated after charging/(crediting):
Depreciation - o�ned assets|2020
2019
�
�
1,112
1,308||
## **5. Trustees' remuneration and benefits**
There �ere no trustees' remuneration or other benefits for the �ear ended 31 December 2020 nor for the �ear ended 31 December 2019.
## **Trustees' expenses**
There �ere no trustees' e�penses paid for the �ear ended 31 December 2020 nor for the �ear ended 31 December 2019.
## **6. Staff costs**
The average monthl� number of emplo�ees during the �ear �as as follo�s:
## **7.**
|Full and part time
No emplo�ees received emoluments in e�cess of �60,000.
**Comparatives for the statement of financial activities**
Unrestricted
funds
�
**Income and endowments from**
Donations and legacies
549
Other trading activities
132,732
Investment income
265
**Total**
133,546
**Expenditure on**
**Charitable activities**
Charitable
148,552
**NET INCOME/(EXPENDITURE)**
(15,006)
**Transfers between funds**
11,884
**Net movement in funds**
(3,122)|2020
3
Restricted
funds
�
21,360
(2)
-
21,358
22,743
(1,385)
(11,884)
(13,269)|2019
3
Total
funds
�
21,909
132,730
265
154,904
171,295
(16,391)
-
(16,391)|
|---|---|---|
continued...
Page 7
## **Carnforth Community Swimming Pool Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2020**
|**7.**
**Comparatives for the statement of financial activities - continued**
Unrestricted
funds
�
**Reconciliation of funds**
**Total funds brought forward**
30,959
**Total funds carried forward**
27,837
**8.**
**Tangible fixed assets**
**Cost**
At 1 Januar� 2020 and 31 December 2020
**Depreciation**
At 1 Januar� 2020
Charge for �ear
At 31 December 2020
**Net book value**
At 31 December 2020
At 31 December 2019
**9.**
**Debtors: amounts falling due within one year**
Trade debtors
Other debtors
Prepa�ments|Restricted
Total
funds
funds
�
�
21,186
52,145
7,917
35,754
Plant and
machiner�
�
9,179
1,767
1,112
2,879
6,300
7,412
2020
2019
�
�
-
7,044
225
1,843
4,449
418
4,674
9,305|
|---|---|
continued...
Page 8
**Carnforth Community Swimming Pool Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2020**
## **10. Creditors: amounts falling due within one year**
|Trade creditors
Social securit� and other ta�es
Accrued e�penses|2020
�
-
1,677
1,001
2,678|2019
�
3,929
-
1,000
4,929|
|---|---|---|
## **11. Movement in funds**
|At 1/1/20
�
**Unrestricted funds**
General fund
12,092
Sinking fund
15,745
27,837
**Restricted funds**
Training �oung lifeguards
1,160
Assistance for marketing and revenue
2,552
T�eens S�im Club re: anti social
behaviour
842
Galbraith T�o for materials, upgrading and
marketing
374
Tesco Grant
2,989
Junior S�ims
-
Adult - Pilot Project
-
Adult - Follo� On
-
Senior Adults
-
7,917
**TOTAL FUNDS**
35,754
Net movement in funds, included in the above are as follo�s:
**Unrestricted funds**
General fund
**Restricted funds**
Galbraith T�o for materials, upgrading and
marketing
Tesco Grant
Junior S�ims
Adult - Pilot Project
Adult - Follo� On
Senior Adults
**TOTAL FUNDS**|Net
movement
in funds
�
1,172
-
1,172
-
-
-
(374)
279
460
500
500
500
1,865
3,037
Incoming
resources
�
121,230
-
1,001
460
500
500
500
2,961
124,191|Transfers
bet�een
At
funds
31/12/20
�
�
(1,623)
11,641
9,255
25,000
7,632
36,641
(1,160)
-
(2,362)
190
(842)
-
-
-
(3,268)
-
-
460
-
500
-
500
-
500
(7,632)
2,150
-
38,791
Resources
Movemen
e�pended
in funds
�
�
(120,058)
1,172
(374)
(374)
(722)
279
-
460
-
500
-
500
-
500
(1,096)
1,865
(121,154)
3,037|
|---|---|---|
continued...
Page 9
**Carnforth Community Swimming Pool Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2020**
## **11. Movement in funds - continued**
## **Comparatives for movement in funds**
|||Net|Transfers||
|---|---|---|---|---|
|||movement|bet�een|At|
||At 1/1/19|in funds|funds|31/12/19|
||�|�|�|�|
|**Unrestricted funds**|||||
|General fund|11,012|(9,932)|11,012|12,092|
|General use fund|4,302|(5,074)|772|-|
|Sinking fund|15,645|-|100|15,745|
|**Restricted funds**|30,959|(15,006)|11,884|27,837|
|Training �oung lifeguards|2,811|-|(1,651)|1,160|
|Promotion and materials|134|(76)|(58)|-|
|1st stage upgrading, uniforms and publicit�|79|(102)|23|-|
|Lifeguard training equipment|227|(403)|176|-|
|Assistance for marketing and revenue|1,000|1,626|(74)|2,552|
|Associated activit� of Nordic Pole �alking|500|-|(500)|-|
|S�im vouchers, over 60s and less fortunate|4,250|-|(4,250)|-|
|T�eens S�im Club re: anti social|||||
|behaviour|1,470|-|(628)|842|
|Match Funding - Friends and Other Grants|-|(5,508)|5,508|-|
|Galbraith T�o for materials, upgrading and|||||
|marketing|4,216|(482)|(3,360)|374|
|Vera Wolstencroft Fund|5,000|(810)|(4,190)|-|
|Friends of Carnforth Pool|1,499|1,381|(2,880)|-|
|Tesco Grant|-|2,989|-|2,989|
||21,186|(1,385)|(11,884)|7,917|
|**TOTAL FUNDS**|52,145|(16,391)|-|35,754|
||||||
continued...
Page 10
**Carnforth Community Swimming Pool Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2020**
## **11. Movement in funds - continued**
Comparative net movement in funds, included in the above are as follo�s:
|**Unrestricted funds**
General fund
General use fund
**Restricted funds**
Promotion and materials
1st stage upgrading, uniforms and publicit�
Lifeguard training equipment
Assistance for marketing and revenue
Match Funding - Friends and Other Grants
Galbraith T�o for materials, upgrading and
marketing
Vera Wolstencroft Fund
Friends of Carnforth Pool
Tesco Grant
**TOTAL FUNDS**|Incoming
resources
�
133,546
-
133,546
-
-
-
2,000
12,650
2,000
-
1,708
3,000
21,358
154,904|Resources
Movement
e�pended
in funds
�
�
(143,478)
(9,932)
(5,074)
(5,074)
(148,552)
(15,006)
(76)
(76)
(102)
(102)
(403)
(403)
(374)
1,626
(18,158)
(5,508)
(2,482)
(482)
(810)
(810)
(327)
1,381
(11)
2,989
(22,743)
(1,385)
(171,295)
(16,391)|
|---|---|---|
continued...
Page 11
**Carnforth Community Swimming Pool Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2020**
## **11. Movement in funds - continued**
A current �ear 12 months and prior �ear 12 months combined position is as follo�s:
|||Net|Transfers||
|---|---|---|---|---|
|||movement|bet�een|At|
||At 1/1/19|in funds|funds|31/12/20|
||�|�|�|�|
|**Unrestricted funds**|||||
|General fund|11,012|(8,760)|9,389|11,641|
|General use fund|4,302|(5,074)|772|-|
|Sinking fund|15,645|-|9,355|25,000|
|**Restricted funds**|30,959|(13,834)|19,516|36,641|
|Training �oung lifeguards|2,811|-|(2,811)|-|
|Promotion and materials|134|(76)|(58)|-|
|1st stage upgrading, uniforms and publicit�|79|(102)|23|-|
|Lifeguard training equipment|227|(403)|176|-|
|Assistance for marketing and revenue|1,000|1,626|(2,436)|190|
|Associated activit� of Nordic Pole �alking|500|-|(500)|-|
|S�im vouchers, over 60s and less fortunate|4,250|-|(4,250)|-|
|T�eens S�im Club re: anti social|||||
|behaviour|1,470|-|(1,470)|-|
|Match Funding - Friends and Other Grants|-|(5,508)|5,508|-|
|Galbraith T�o for materials, upgrading and|||||
|marketing|4,216|(856)|(3,360)|-|
|Vera Wolstencroft Fund|5,000|(810)|(4,190)|-|
|Friends of Carnforth Pool|1,499|1,381|(2,880)|-|
|Tesco Grant|-|3,268|(3,268)|-|
|Junior S�ims|-|460|-|460|
|Adult - Pilot Project|-|500|-|500|
|Adult - Follo� On|-|500|-|500|
|Senior Adults|-|500|-|500|
||21,186|480|(19,516)|2,150|
|**TOTAL FUNDS**|52,145|(13,354)|-|38,791|
||||||
continued...
Page 12
**Carnforth Community Swimming Pool Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2020**
## **11. Movement in funds - continued**
A current �ear 12 months and prior �ear 12 months combined net movement in funds, included in the above are as follo�s:
|**Unrestricted funds**
General fund
General use fund
**Restricted funds**
Promotion and materials
1st stage upgrading, uniforms and publicit�
Lifeguard training equipment
Assistance for marketing and revenue
Match Funding - Friends and Other Grants
Galbraith T�o for materials, upgrading and
marketing
Vera Wolstencroft Fund
Friends of Carnforth Pool
Tesco Grant
Junior S�ims
Adult - Pilot Project
Adult - Follo� On
Senior Adults
**TOTAL FUNDS**|Incoming
resources
�
254,776
-
254,776
-
-
-
2,000
12,650
2,000
-
1,708
4,001
460
500
500
500
24,319
279,095|Resources
Movement
e�pended
in funds
�
�
(263,536)
(8,760)
(5,074)
(5,074)
(268,610)
(13,834)
(76)
(76)
(102)
(102)
(403)
(403)
(374)
1,626
(18,158)
(5,508)
(2,856)
(856)
(810)
(810)
(327)
1,381
(733)
3,268
-
460
-
500
-
500
-
500
(23,839)
480
(292,449)
(13,354)|
|---|---|---|
## **Restricted Income Funds**
These comprise funds designated for specific purposes as highlighted above.
## **Unrestricted Income Funds**
## General Fund
The general unrestricted fund represents free funds of the charit��hich can be applied at the discretion of the trustees.
## Designated General Use Fund
The designated General Use Fund represents funds from Lancashire Count�Council that the trustees have put aside from general funds to aid the da� to da� running costs.
## Designated Sinking Fund
The designated Sinking Fund represents funds from Lancashire Count�Council that the trustees have put aside from general funds to aid cash flo� in the first �ear.
continued...
Page 13
**Carnforth Community Swimming Pool Ltd**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2020**
## **12. Other financial commitments**
The building and s�imming pool are on a 125 �ear lease from Lancashire Count�Council �ith an annual peppercorn rent.
## **13. Related party disclosures**
There �ere no related part� transactions for the �ear ended 31 December 2020.
Page 14