## **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. 1 **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** . 2 **Oct 2018** **IER**