2023-12-31-accounts - Water Stars Foundation

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st st - Trustees Annual Report 1 Jan 2023 31 December 2023

Name:

Water Stars Foundation

Registration number:

CE016310

Charity Number:

1181730

Address:

133 Hassell Street, Newcastle Under Lyme, Staffs, ST5 1BB

Trustees names:

Simon Birchall, Robert Trimmings & Rachel Beckett

How it recruits trustees:

We are in the process of taking on 2 more trustees. Robert Sands is joining the Trustee from 2024 and will bring a range of skills to the team.

Aims/Objectives of our charity:

To advance the education of the public in the subject of swimming and water safety. Creating lifelong learners and participants.

To advance the education of the pupils at educational institutions by providing swimming lessons. Teaching children vital skills of swimming, water safety and install life long skills.

To provide educational water safety courses for children in north Staffordshire to attend. Educating and increasing knowledge of risks involved with water activities.

Charity Overview:

The charity operates within Staffordshire. Water Stars Foundation delivers educational swimming lessons for children to learn to swim. Water Stars Foundation delivers regular water safety courses for children to attend and gain knowledge and skills to stay safe in and around water. We work closely with schools in educational swimming lessons and train teachers in water safety

Income from charity over the 12month period:

Income received from members to the CIO during the financial period was £569,748. This income was from both Educational establishments (Schools) and Water Stars Foundation members.

Spent money in the last year:

Wages and salaries spend for the financial period was £271,657. Our team is continuing to grow as we end the year and aim to recruit more instructors for 2024 Rent expenditure to pools has increased and account for £135,214 of outgoings increased by £40,000. This was for all swimming pools we hired at during 2023. This is expected to rise in the next accounting year as we have price increases pending at a number of locations.

Achievements and performances:

We have continued to teach children to learn to swim and grow our number of swimmers each week. Therefore achieving our goals and objectives in advancing the education of swimming.

A financial review including any debts and details of your reserves policy:

Water Stars Foundation has continue to repay its bounce back loan over the . We are aiming to grow the reserves in the bank to £150,000 to cover 6 months of staffing wages.

How have we carried out our charity purposes for the public benefit?

Our charity purposes are continuing to benefit the public, as we are offering members the opportunity to be educated and learn the skills essential in order to swim and stay safe in the water environment. Delivering schemes of work and delivering progressive swimming lessons whilst monitoring and assessing children.

Future plan

Over the next 12 months we want Water Stars Foundation to continue to grow its number of members. This would allow more children access to our services and receive swimming tuition. Therefore, providing more members the opportunity to become life-long participants and the skills to continue to stay safe in and around water including every-day life when visiting the seaside, going abroad, visiting canals or rivers etc. We are developing our water safety section and links with more schools.

We will aim to continue to grow our school educational lessons in line with government National Curriculum guidelines. We now teach approx. 12 primary schools.

Recruiting

In 2024 we are looking to recruit new swimming teachers and grow our trustee’s base so we can help to grow our objectives and goals further across Staffordshire.

List Trustees

Simon Birchall

Robert Trimmings

Rachel Beckett

CEO

Andrew Lipscomb

Profession Contacts

Bankers

Banking Services

Santander Bank 4-6 Town Road Hanley Stoke-on-Trent ST1 2HA

Accountant/Auditors

Robert Moore Moores Accountancy 138 Hassel Street, Newcastle Under Lyme ST5 1BB

Balance Sheet

Water Stars Foundation

As at 31 December 2023

Balance Sheet Water Stars Foundation As at 31 December 2023	Balance Sheet Water Stars Foundation As at 31 December 2023
31 DEC 2023
Fixed Assets
	Tangible Assets
	Office Equipment 71.08
	Total Tangible Assets 71.08
Total Fixed Assets 71.08 Current Assets
	Cash at bank and in hand
	BUSINESS CURRENT ACCOUNT 89,338.47
	Total Cash at bank and in hand 89,338.47
	Accounts Receivable 8,085.48
Total Current Assets 97,423.95 Creditors: amounts falling due withinone year
NIC Payable (9,335.39)
Pensions Payable (36,822.77)
Wages Payable - Payroll (1,117.48)
Total Creditors: amounts falling due within one year (47,275.64)
Net Current Assets (Liabilities) 144,699.59
Total Assets less Current Liabilities 144,770.67 Creditors: amounts falling due after more than one year
Loan 8,869.18
Total Creditors: amounts falling due after more than one year 8,869.18
Net Assets 135,901.49 Capital and Reserves
Current Year Earnings 236.08
Retained Earnings 135,665.41
Total Capital and Reserves 135,901.49

18 Oct 2024 Page 1 of 1

Balance Sheet Water Stars Foundation

WATER

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees WATER STARS FOUNDATION On accounts for the year 31 December 2023 Charity no 1181730 ended (if any) Set out on pages 1-2 t

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2023. Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

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

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts 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 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.

Signed: Robert Moore Date: 18/10/2024 Name: Robert Moore Relevant professional Chartered Institute of Management Accountants qualification(s) or body (if any): Address: 138 Hassell Street, Newcastle, Staffordshire, ST5 1BB.

Oct 2018

IER

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Oct 2018

IER