Finance & Accounts
Year November 2022 to November 2023
The Swimming Club accounts have been drawn up to run from November to November on a receipts and payments basis. The balance at the start of the season was £2444.42 [£1990.42 after water and electricity for 2022].
The club is entirely funded by income generated through Membership Fees, Sponsorship and Grants and during 2023 the club income came to a total of £1414.41. £1056 came from membership income. There was income of £18.41 from Amazon Smile. In addition, in 2023, following the success in previous years, the club was able to secure additional income from a private hirer who used the pool for swimming lessons. This was very successful for both parties and brought in a welcome income of £340.
Income is used to pay for the running/operating costs of the pool as well as repairs and improvements to the plant equipment and pool environment.
2023 Operating and improvement costs came to a total of £2071.46, including £385.12 for insurance and £305.85 for the STA volunteer lifesaving training. There were costs for a Pool Operators Course of £319. The costs of chemicals and other maintenance costs in the season were £607.49. This included repairs to a leak. Thanks must be passed to those that both arranged and undertook these works.
Utilities costs from the school were not claimed from the swimming club until mid 2024 and so have been accounted for in the 2024 season. The utilities cost for 2022 which were not paid in the 2022 accounts but paid in 2023 were £454.
The overall cash position at the end of the season was £1787.37.
| Income | 2018 | 2018 | 2019 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Membership Income |
1120.00 | 1135.00 | 730.00 | 1185.83 | 1164.00 | 1056.00 | ||
| Grants | 3495.00 | 823.00 | 0.00 | 13789.48 | 0.00 | 0.00 | ||
| Other Donations |
0.00 | 19.42 | 11.93 | 0.00 | 44.50 | 18.41 | ||
| Plaque Sponsorshi p |
750.00 | 250.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
| Corporate Sponsorshi p |
500.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
| Out of Parish Income |
55.00 | 148.05 | 0.00 | 0.00 | 0.00 | 0.00 | ||
| Pool hire | 1060.00 | 725.00 | 340.00 | |||||
| Total Income |
5920.00 | 2375.47 | 741.93 | 16035.31 | 1933.50 | 1414.41 | ||
| Expenditure | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | ||
| Insurance | 392.17 | 392.17 | 333.38 | 348.38 | 357.12 | 385.12 | ||
| Lifeguarding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Lifeguard Training |
Lifeguard Training |
145.16 | 145.16 | 390.12 | 390.12 | 0.00 | 0.00 | 386.17 | 386.17 | 233 | 305.85 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Other Training |
91.52 | 68.00 | 0.00 | 0.00 | 0.00 | 319.00 | |||||
| Pool Chemicals and Maintenance |
295.68 | 308.28 | 0.00 | 951.22 | 1891.19 | 607.49 | |||||
| Health and Safety Supplies |
42.00 | 30.30 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Pool Area Maintenance |
216.00 | 64.08 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Improvement Work |
5032.85 | 16.09 | 0.00 | 2328.80 | 10235.50 | 0.00 | |||||
| Utilities | 1000.00 | 1818.65 | 757.55 | 0.00 to follow |
0.00 to follow |
0.00 to follow (2023) 454.00 (2022) |
|||||
| Total Expenditure |
7215.38 | 3087.69 | 1090.93 | 4014.57 | 12716.81 | 2071.46 | |||||
| Closing Balance |
2268.21 | 1555.99 | 1206.99 | 13227.73 | 2444.42 | 1787.37 |
The closing balance at the end of 2023 is in a good position for the start of the following season in 2024.