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2024-12-31-accounts

Water Stars Foundation

Trustees’ Annual Report – For the period 1 January 2024 31 December 2024

Charity Details

Name: Water Stars Foundation Registration Number: CE016310 Charity Number: 1181730 Registered Address: 133 Hassell Street, Newcastleunder-Lyme, Staffordshire, ST5 1BB

Trustees

Chief Executive Officer: Andrew Lipscomb

Professional Contacts

Bankers:

Santander Bank

4–6 Town Road, Hanley, Stoke-on-Trent, ST1 2HA Accountant/Auditors:

Robert Moore

Moores Accountancy

138 Hassell Street, Newcastle-under-Lyme, ST5 1BB

Aims and Objectives

The aims of the Water Stars Foundation are:

Charity Overview

The Water Stars Foundation operates within Staffordshire.

The charity delivers educational swimming lessons and water safety courses for children, helping them gain essential life skills to stay safe in and around water.

We work closely with local schools to provide National Curriculum swimming lessons and offer teacher training in water safety education to enhance community-wide water safety awareness.

Financial Review

Income

Total income received during the financial period: £622,583

This income was received from both educational

establishments (schools) and Water Stars Foundation members.

Expenditure

anticipated price increases at several locations.

Reserves Policy and Debts

The charity has continued to repay its Bounce Back Loan, which is now close to being fully repaid. Our target is to build reserves of £150,000, which would cover approximately six months of staffing wages.

Achievements and Performance

During 2024, the Foundation continued to expand its reach and impact:

Through these initiatives, the charity has successfully advanced its educational aims and improved public understanding of swimming and water safety.

Public Benefit

The charity continues to provide a clear public benefit by offering accessible swimming education and water safety training to children and young people.

By equipping participants with vital swimming skills and knowledge, the Foundation contributes to reducing drowning risks and promoting lifelong health and wellbeing.

We also deliver structured schemes of work and progressive assessments to ensure measurable educational outcomes.

Future Plans (2025 and Beyond)

Looking ahead to 2025, the Water Stars Foundation aims to:

Profit and Loss

Water Stars Foundation

For the year ended 31 December 2024

Profit and Loss
Water Stars Foundation
For the year ended 31 December 2024
2024
Turnover
Sales 622,583.54
Total Turnover 622,583.54
Cost of Sales
Direct Expenses 30,358.35
Direct Wages 350,054.41
Total Cost of Sales 380,412.76
Gross Profit 242,170.78
Administrative Costs
Audit & Accountancy fees 3,000.00
Charitable and Political Donations 75.00
Consulting 89,832.66
Insurance 2,099.61
Rent 142,345.02
Total Administrative Costs 237,352.29
Operating Profit 4,818.49
Profit on Ordinary Activities Before Taxation 4,818.49
Profit after Taxation 4,818.49

Profit and Loss Water Stars Foundation

10 Oct 2025 Page 1 of 1

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees Charity Name WATER STARS FOUNDATION On accounts for the year 31 December 2024 Charity no 1181730 ended (if any) Set out on pages 1 - 2 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2024. 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:

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:
Name:
Relevant professional
qualification(s) or body
(if any):
Address:
Robert Moore 22/10/2025
Robert Moore
Chartered Institute of Management Accountants
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