Company registration number.. CEO17986 Charity registration number.. 1184090 Helmsley Open Air Swimming Pool (A company limited by guarant8el Annual Report and Financial Stalements for the Year Ended 31 DecembeT 2024 DAH Accountancy Servi5 Lirnited Cedar Lodge York Road Shiplonlhorpe York East Yorkshire Y043 3PH
Helmsley Open Air Swimming Pool Contents Reference and Adminislralive Details Slralegi¢ Report Trustees, Report 3104 Slatement ol Trustees, Responsibilities Accounlanls, Report Independent Examinevs Report statement of Financial Activities Balance Sheel Stalèmenl of Cash Flows 10 Notes to the Financhql Slalements
Helmsley Open Air Swimming Pool Reference and Administrative Details Charity Registration Number 1184090 Company Registration Number CE017986 Reglstered Office The Old Vicarage Bondgate Helmsley York Y062 5BP Independent Examinèr DAH Ac¢ount2ncy Service5 Limited Cedar Lodgg York Road Shiplonlhorpe York East Yorkshire Y043 3PH Page 1
Helmsley Open Air Swimming Pool Strategic Report for the Year Ended 31 December 2024 The Iruslee5, who are directors for the purposes ol ¢ompany law, piesenl their strategic report for the year ended 31 December 2024, in compliance with 5414C ol the Companies Act 20C6. The strategic re behalf by.. wa5 approved by the Iruslees of the charity on and signed on its Christopher Parkin Trustee Page 2
Helmsley Open Air Swimming Pool Trustees. Report The trustees, who are direclors for the purposes of company law. present the annual report together with the financial staterrn15 and auditors. repori of the charitable company for Ihe year ended 31 December 2024. Objectives and activitles Objects and alms 11 To maintain and improve Helmsley open air swwmming pool for the benefit of the b¢al community and the wider public. 21 To PTomole good physical and mental health for the benefit of the local community and the wider pub5ic', 31 To ailvance such charitable purposes (according lo the law of England and Wales) as the Iruslees see fit from time to lime. Public benefit The promotion of gwd physical and mental hearth for the benefit of the local community and the W@r public. The Iruslees confiim that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefi( guidance published by the Charity Commission for England and Wales. Trust•Ès and officers The Iruslees and offi¢er$ serving during the year and since the year end were as follows.. Trustees.. Christopher Parkin Muriel Elaine Powley Paul Stephen Goodwin Julie Heyes Jennrfer Parsons Structure, governance and management Flnancial instruments Otyectives andpolicies The ¢harty's activities expose it to a number of financial risks including credit risk. cash flow risk and liquidity risk. The use ol financk41 derivatives Is governed by the charity's policies approved by Ihe board of Iruslees, which provide wrilt8n principles on the use of financial derivatives lo manage these risks. Th8 charity does not use derivalive financial instruments for Speculative purposes. Cash flow risk The charity's activitEs expose rt Pfimarity lo tha financial rkS of changes in foreign currency exchange fates and interest fates. The charity uses fOren exchange forw8rd Contracts and interest rate swap conlra¢ls to hedge these exposures. Interest bearing a55ets and liabilit8 are held al fixed late to ensure certainly of cash flows. Page 3
Helmsley Open Air Swimming Pool Trustees, Report Credit rlsk The charitls principal financial assels are bank bal8n¢e$ and cash, trade and other receivables. and inveslmenls. The charill5 credit risk is primarity attributable lo its Irade receivables. The amounts presented in the balance sheet are nel of allowallces for doublful receivables. An allowance for impairmenl is made where Ihere is an identified loss event which, based on previous experience. is eviden¢a of a redLLtion in the recoverability of Ihe cash flows. The credit risk on liquid funds and derivative finan¢i81 Instruments is limited because the counterparties are banks with high credil-ralings assigned by inleTnational credil-rating agencies. The charrty has no Significant concentration ol Credit risk, wilh exposure spread over a large number of counlerparties and customers. Liquidity risk In order lo maintain liquidity to ensure that sufficient funds are available for ongoing operations and fuluie developments, the ¢harity uses a mixiure of long-lerm and short-lerm debt finance. Further details regarding liquidity risk ¢?n be found in the Ststement of accounting policies irb the financial statements. Disclosure of Information to auditor Each Iruslee has taken steps that Ihey oughl lo have taken a5 a Iruslee in order to make themselves aware of any relevant audit information and lo establish that the charity's auditor is aware of that Information. The trustees confirm that there 15 no relevant information that they know of and of which they know the audrtor is unawa. The annual re behalf by.. 1 was appioved by the Iruslees ol the charity on signed on ils Christ Trustee er Parkin Page 4
Helmsley Open Alr Swimming Pool ststement of Trustees, Responsibilities The Iruslees Iwho are also the directors of Helmsley Open Air Swimming Pool lor the purposes of company law) are responsible for preparing the Iruslees. report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Praclicèl. including FRS 102 The Financial Reporting Standard appIlble in the UK and Republic of Ireland" Company law requires the trustees lo prepare financial statements for each financial year. Under company law the trustees musl not approve the financial sl8lemenls unless they ore satisfied that they give a true and fair view of the slate of affairs of the charrtable company and ol the incoming resources and application of resources, including ils income and expenditure, ol the charitable company for that period. In preparing these linancial statements, the trustees are required lo.. select suitable accounling policies and apply them consislenlly.. observe the methods and principles in the Charities SORP-, rnske judgements and eslimales that are re8sonable and prudent". slate whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial slalemenls,. and prepare the financial stalemenls on the going concem basis unless il Is Inappropriate to presume that the charitable ¢ompany will continue in business. The Iruslees are responsible for keeping proper a¢¢ounting Tecords that Gan disclose v4ith reasonable accuracy al any lime the financial position of the charitable company and enable them lo ensure that the financial 51alemenls comply with the Companies Act 2006. They are also responsible for safeguardin9 the a55els of the charitable company and hence for taking reasonable Steps for the prevention and detection of fraud and other irregularities. The trustees ale responsible for the maintenance and integrity of the corporate and financial information included on the charitable comPanS website. Legislation governing the prep8r81ion and dis$trmination ol finala1 statements may differ from legislation in other jurisdictions. Approved Ltslees of the chaiily on AJJ) and signed on its behalf by. Chris opher Trustee arkin Page 5
Chartered Accountants. Report to the Trustees on the Preparation of the Unaudited Statutory Accounts of Helmsley Open Air Swimming Pool for the Year Ended 31 December 2024 In order lo assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of HeSmsley Open Air Swimming Pool for the year ended 31 December 2024 8$ sel out on pages 8 10 19 from the companls accounting records and Irom infom)alion and expl8n#lions you have given us. As a pra¢lising member firm of the Chartered In5tilLSte of Management Accountants. we are subjeGI to (ts ethical and other professional requirements which are detailed 81 www.cimaglobal.comlprofessional-elhi¢s. This report is made solely lo the Boald of Directors of Helmsley Open Air Swimming Pool. as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts ol Helmsley Open Air Swimming Pool and slate those mallers that we have agreed to state to the 8oarcS of Directors of Helmsley Open Ali Swimming Pool, as a body. in this report in accordance with the guidance of CIMA. To the fulle51 extent permitted by law, we do not accept or assume responsibility lo anyone other Ihan Helmsley Open Air Swimming Pool and ils Board DI Directors as a body for our work or for this report. 11 is your duty lo ensure that Helmsley Open Air Swimming Pool has kept adequate accounting records and lo prepare slatulory accounts that give a true and fair view of the 8ssets, liabilities, fin8n¢ial positn and of Helmsley Open Air Swimming Pool. You consider that Helmsley Open Air Swimming Pwl is exempt from the slatulory audil requirement for the year. We have nol been instructed lo carry out an audit or a review of the accounts of Helmsley Open Air Swimming Pool. For this ieason, we have not verified the a¢¢uracy or completeness of the accounting records or information and explanations you have given to u5 and we do nDI. therefore. expre55 any opinion on the statutory accounts. Dale.. Page 6
Helmsley Open Air Swimming Pool Independent Exarniner's Report to the trustees of Helmsley Open Air Swimming Pool I'the Company.) I report to the chanly Iruslees on my examination of the accounts of the Company fof the year ended 31 December 2024. Responsibilities and basls of report As the charity's Iruslees of the Company land also ils diredors for Ihe purposes of company lawl you are responsible for the preparation of thè accounts in accoTdance wrth the requirements of the Companies Ad 20061'the 2006 Act'i. Having satisfied myself that the accounts of the Company are not required lo be audited under Part 16 01 the 2006 Act and are eligible for independenl èxamination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 I'lhe 2011 Act'i. In carrying out my examination I have followed the Direclions 9iven by the Charity Commission under section 14515llbl of the 2011 Acl. Independent examlner's Statement I have completed my examination. l confirrn that no mallers have Come lo my attention in ¢onnedion with the examination giving me cause lo believe.. 1. accounting records were not kept in respecl of Helmsley Open Air Swimmin9 Pool as required by section 386 of the 2006 Act., or 2_ the accounts do not accord with those reeords", or 3. the accounls do not comply with the accounting requirement5 01 section 396 of the 2006 Act other than any requirement that the accounts give a 'true and lair view which is not a malter considered as part of an independent examination.. or 4. the accounts have not been prepared in accordance with the methods and principles of the Slalemenl of Recommended Practice foi a¢counting and reporting by ¢harities lapplicable to charrties preparing their accounts in a¢cordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come acr055 no olher mallers in connection with the examination to which attention should be drawn in this reFK)rt in order to enab a proper understanding of Ihe 8¢¢ounls lo be reached. David Hannam AGMA Cedar Lodge York Road Shiplonlhorpe York East Yorkshire Y043 3PH Date.. Page 7
Helmsley Open Air Swirnrning Pool Statement of Financial Activities for the Year Ended 31 December 2024 (Including Income and Expenditure Account and Statement of Total Recognlsed Galns and Losses) Unrestrlcted funds Restrlcted funds Total 2024 Noto Income and Endowments from: Donations and legacies Ch8ritable a¢tivrties Investment income 2.633 102,448 1,855 2,633 150.439 1,855 47,991 Total in¢ome 106,936 47,991 154,927 Expenditure on.. Charitable activities (91,2881 112,0001 1103,2881 Total expenditure 191.2881 112,0001 1103,2881 Nel income 15,648 35.991 51,639 Nel movement in funds 15,648 35.991 51,639 Reconciliation of fund$ Total funds broughl ftsjward Total fun(Js carrd forward 125,740 125,740 10 141,388 Unrestricted funds 35,991 Restricted funds 177,379 Total 2023 Note Income and Endowments from: Donations and lega¢ies Charrtable activities Investment income 14,838 104,723 1,106 14.838 119,123 1.106 14,400 Total income 120.667 14,400 135,067 expenditure on- Ch8riiable activities 1100,9061 114,4001 1115,3061 Total expenditure (100,9061 114.4001 1115,3Q61 19.761 Net income 19,761 Nel movement in funds 19,761 19.761 Reconciliation of funds Total funds brought foNiard 105,979 105.979 Total funds Carried fOnard 10 125,740 125,740 All of the charity'5 activities derive from continuing operations during the above two periods. The fund5 breakdown for 2023 is shown in note 10_ The notes on pages 11 10 19 fomi an integral part of these firtancial slalemenls. Page 8
Helmsley Open Air Swimming Pool {Registration number: CE017986J Balance Sheet as at 31 DeGpmber 2024 2024 2023 Note Current assets Cash al bank and in hand 177,380 125,741 CTeditOTS- Amounts falling due within one year Nel assets 177,379 125,74D Funds of the Charity.. Re$trb¢led income funds Restricted funds 35,991 Unre5lricted income funds Unieslricled funds 141,388 125 740 Total funds 10 177,379 125,740 The alemenls on pages 8 10 19 were approved by the Iruslees, and authorised for issue on and signed on their behatt by". ristopher Parkin Trustee The notes on pages 11 10 19 form an integral part of Ih?se financial slalemenls. Page 9
Helmsley Open Air Swimming Pool Statement of Cash Flows for the Year Ended 31 December 2024 2024 2023 Note Cash Ilows from operating activitie$ Net cash incoTh 51,639 19,761 Adjustments to cash flows from non-cash items Investment income 11,8551 49,784 11,1(E} 18,655 Working capital adjustment$ Increase in creditors Nel cash flows from opèrating activities Cash flows from investlng a¢tivitie$ Interest receivable and similar income 49,784 18,656 1.855 1.106 Nel increase in cash and cash equivalents 51,639 19,762 Cash and cash equiv8lenls al 1 January Cash and cash equivalents al 31 December 125,741 105,979 177,380 125,741 All of the cash flows are derived from continuing operations during the above two periods_ The notes on pages 1110 19 foTm an integral part of these financi81 slalements. Page 10
Helmsley Open Air Swimming Pool Notes to the Financial Statements for the Year Ended 31 December 2024 1 Charity status The charity is limited by guarantee, inrorporaled in , and Consequent does not have share capital. Each of the Iruslees is liable to contribute an amount not exceeding £1 towards the assets of the charity In the event of liquidation. The address of ils registered office is.. The Old Vicarage Bond9ale Helmsley Ytsrk Y062 5BP Authorised for issue dale 2 Accounting policies Summary of signrficant accounting policies and key accountlng estlmates The principal accounting policies applied in the preparation of these financial slalemenls are Sel out belDW. These policies have been consistentty applied lo all the years presented, unless otherwise staled. Statement of ¢ompliance The financial slalements have been prepared in accordance wrth A¢¢ounting and Reporting ty Charilies. Slalemenl of Recommended Practice lapplicable lo charitie5 preparing their accounts in accoitlance with the FinancL41 Reporting Sl8ndard applicable in the UK and Republic of Ireland IFRS 1021) li58ued in Odober 20191- (Charrties SORP IFRS 102}I, the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland {FRS 1021 and the Companies A¢1 2006. Basis of preparation Helmsley Open Air Swimming Pool meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at hislortcal cost or transaction v81ue Un$$ otherwise staled in the relevant accounting policy notes. Going concern The trustees consider that there are no material uncertainties about the charity's ability lo continve as a going concern nor any significant areas of uncertainty that afféct the carryin9 value ol assets held by the charity. Incoffte and endowments All in¢ome Is recognised once the Charity has enlillemenl lo the income, il is probable that the in¢om will be received and the amount of Ihe in¢ome receivab can be measured r@liably Page 11
Helmsley Open Air Swimming Pool Notes to the Flnancial Statements for the Year Ended 31 December 2024 Donatlons and legacies Donalions are recognised when the Gharily has been notified in wrrf(ing of both the amount and selllemenl dale. In the event that a donation is subject lo conditions that require a level of performance by the charity before the charity is enlilled to the funds, the income is deferred and not recognised until either those condition5 are fully mel, or the fulfilment of Ih05e cond((ions is wholly wrthin the control of the charity and it is probable that these conditions will be fulfilled in the reporting period. Grants receivable Grants are reco9nised when the charity has an anti1ment lo the funds and any condrtions linked lo the gr?nls have been rNel. Where performance conditions are attached lo the grant and are yel lo be mel. the income is recognised as a liability and included on the balance sheet as defetred income lo be released. Investment Income Dividends a Ognised once the dividend has been declared and nolifical#)n has been received of the dividend due. Expenditure All expenditure is recognised once there is 8 legal or constructive obliyalion Its that expenditure, il is probable settlement is required and the amount can be measured reliably. All costs a allo¢aled to the applicable expenditure heading Ihat aggregate similar costs to that calegory. Where costs cannot be directly allribuled lo particular hea(Jings they have been allocated on a basis consistent with the use of resources. with central staff c0515 allo¢aled on the b8sis of lime spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread ol staff costs. Charitable activities Charitable expenditure comprises those costs Incurred by thè charily in the delivery of its a¢tiwties and services for ils berseficiaries 11 includes both c051s that can be allocated directly lo such activities and those cos15 of an indirect nature ne¢ess3ry to support them. Government grants Government grants are reco9nised based on the accrual mollel and are measuTed al the fair value of the asset received or receivable. Grants are classifEd as relating either lo revenue or lo assets. Grants relating lo revenue are recognised in income over the period in which the related costs are recognised. Grants relating lo assets are recognised over the expected useful life ol the asset. Where pari ol a grant relating to an asset is delerred, rt is recognised as deferred income. Taxalion The charity is considered lo pass the tests sel out in Paragraph 1 Schedule 6 of the Finance Act 201 D and therefore rt meets the definvtion of a charitable company for UK corporation lax purposes. Accordingly, the charity Is potentially exempt from taxation in respect of income or capital gains received wrthin categories covered by Chapter 3 Part 11 of the Corpoialion Tax Act 2010 0¥ Section 256 of the Taxation of Chargeable Gains Acl 1992. to the exlenl that such inGome or gains are applied exclusively to ¢h8rilable purposes. Page 12
Helmsley Open Air Swimming Pool Notes to the Financial Statements for the Year Ended 31 December 2024 Cash and cash equivalents Cash and cash equivalents Comprise ¢ash on hand and call deposits, and other short-term highly Ib]uid investments that are readily convertl)le lo a known amount ol cash and arè subject to an insignificant risk ol change in value. Borrowings Interest-bearing borrowings are inrtially recorded at fair value, nel of transaction costs. InterÈst-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds. net of transaction Gosls, and the amount due on redemption b&ing recognised as a harge lo the Slalemenl of Financial Activities over the period of the relevant borrowing. Interest expensè Is recognised on the basis ol the effective interest method and is included in inleresl payable and similar charges. Borrowings are classified as current liabilities unless the ch81ily has an uncondilitinal right to defer selllemenl of the liability for al least Iwelve months after the rewrting dale. Forèign oxchange Transactions in foreign currencies are recorded al the Tale of exchange al the dale of the transaction. Monetary assets and liabilities dgnominated in foreign currencies al the balance sheet date are reported al the rates of exchange prevailing al that date. The results of overseas operations are translated al the average rales of exchange during the period and their balance sheets al the rales ruling al the balance sheet dale. Exchange differences arising on translation of the opening net as5els and results of overseas operations are reported In other comprehensive income 8rKI a¢cumulaled in equity lallributed to nOrOnIo111ng inlelesls as appropriatel. Other exchange drfferences are recognised in the Slalemenl of Financial Activities in the period i which they arise except for.. 11 exchange differences on transactions entered into to hedge certain foreign currency risks Isee above). 21 exchange differences arising on gains or losses on non-monelary rtems which are recogni5ed in other comphen$1ve in¢ome,' and 31 in the case of the consolKlated financial statements, exchange drfferences on monetary items receivable from or payable lo a foreign operation lor which settlement is neilhei planned nor likely lo occur (therefore forming part of the net investment in the foreign operation), which are recognised in olheT comprehensive income and reported under equity. Fund structure Vnreslricted income funds are general funds that are available for use al the trustees discretKJn in furtherance of the objeclives ol the charity. Reslricled income funds are those donated for use in a particular area OT for spe¢rfic purposes. the use ol whiGh is reslricled lo that area or purpose. Page 13
Helmsley Open Air Swimming Pool Notes to the Financial Statements for the Year Ended 31 December 2024 Financlal Instrnments Classification Financial assets and financial li8bililies are reco9nised when the charity becomes a party to th conlraclual provisions of Ihe Inslrumenl. Financial liabilities and equity instruments are classified according to Ihe substance of the contractual arrangèments entered into. An equity Instrument is any contract that evidences a residual interest in the assets ol the charity after deducting 211 of 115 liabilities. Recognition and measurement All financial assets and liabilities are initially measured at transaction price (including transaction cos151, except for those financial assets classified as al fair value through profil or loss, which are inilialw measured al fair value Iwhich is normally the transaction price excluding transaction ¢o$tsl, unless the arran9ement constitutes a financing transaction. If an arrangement constitutes a financing transsclion, the financial asset or financial liability is mèasured al the psent value of the future Pasrynenls discounted al a market ot8 01 interest for a similar debt instrument. Financial a5se15 and liabilities are onty offset in the slatemenl of financial position when, and on when there exists a legally enforceable right lo set off Ihe recognised amounts and the charity intends either to settle on a nel basis, or to realise the a55et and sellle the liability simultaneously. Financial a55els ale derecognised when and only when al the Conlraclual righ15 to the cash flows from the financial asset expire or are settled, bl the charity transfers lo another party substantially all of the risks and rewards of ownership of the financial asset, or cl the charity. despite having retained some, but not all, signrficanl risks and rewaids of ownership. has transferred Gonlrol of the asset lo another party. Financial liabilities are dereeognised only when the obligation specified In the conliact is discharged, Cancelled or expirès. Page 14
Helm51ey Open Air Swimming Pool Notes to the Financial Statements for the Year Ended 31 December 2024 Debt Instruments Debl in51rumenls which meet the following ¢onditK)ns are subsequently rneasud al amortised cost using the effective interest method.. (01 The conlraclual felurn lo the holder is lil a fixed amount. lill a positive fixed rale or a positive variable rate.. or liiil a combination of a positivè or a negative fixed rale and a positive variable rate. Ibl The contract may piovide fo¥ repayments of the principal or Ihe return lo the holdei (but not both) to be linked lo a sirole relevant observable index of general pre inflalion of the currency in which the debt inslrumenl is denominated, provided such links are not leveraged. Ic} The contract may provide for a deleminabie variation of the return lo the hokjer during the lrfe of the instrument, piovided that lil the new rate s*isfies condition lal and the varialh)n is not contingent on future even15 Other than 11) a change ol a conlraclual variable rate., 121 lo piolecl the holder against credit delerioralion of the issuer,. 131 changes in levies applied by a central bank or arising from changes in relevant laxalion or Faw". or lill the rbew rale is a market rale of interest and satisfies condrtion lal. Idl There is no contractual provision that could, by ils terms, resutt in the hokjer losing the principal amoLJnt any interest attributable to Ihe current period or prior periods. (el Conlradval provisions that permit the issuer lo prepay a debt instrument or permit the holder lo put il back lo the issuer before malurily are not Gontingenl on lulure events, other than to protèct the holder against the credit deler40ration of the Issuer or a change in control of the Issuer. o¥ to protect the holder or Issuer against changes in levies applied by a central bank or arising Irom changes in relevant taxation or law. {11 Conlra¢lual provisions may pemiil the extension of Ihe lemi of the debt instrument, prgvided that the relurn lo the holder and any othe¥ conlTaclual provisions applicab during the extended term satisfy the condrtion5 of p8ragraphs lal lo Ic}. Debt instruments that are classified as payable or receivable within one yeai on initial recognition and which rnt abDve conditions are measured al the undiscounled amount of the cash or other consideration expe¢led lo be paid or received, nel of impaimienl. With the exception tsf some hedging instruments, other debt instruments not meeting these condliions are measured al fair value Ihiough profit or loss. Commitments lo make and receive 108ns whi¢h meet the condil¢ons mentioned above are measured at cosl (which may be nill less impairment. Investments Investments in non-convertible preference shares and non-puttable ordinary or preference shares {where shares are publicly traded or their fair value is reliably measurable) are measured al fair value through profil Dr loss. Where fair value cannot be measured reliabty. investments are measured al cost less impairmeril. Investments In subsidiaries and associatès are measured al cost less impairment. For investments in subslarIeS acquired for consideralion including the isstje of shares qualifying for merger relief. cost is measured by reference to the nomirial value ol the shares issued plus fair value of other consijeralion. Any premium is ignored. Page 15
Helmsley Open Alr Swimming Pool Notes to the Financial Statements for the Year Endèd 31 December 2024 Derivative financial instruments The Charity uses derivative financial inslrumenls lo redLJ¢e eXPOSUTe to foreign exchange risk and inleiesl iale movements. The charity does not hold or issue derivative financial instruments lor speculative purposes. Denvalives are initially ie¢ognised al fair value al the date a derivative GontiaGI is entered into and are subsequerblly remeasured lo their fair value al each reporting dale. The resulting gain or loss is Tecognised in slalemenl of financial acliwties immediately unless the derivative is designated and effective as a hedging Instrument, in which event the liming of the recognition in statement of financi81 activities depends on the nature of the hedge relationship. Fair value measurement The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction lor an identical asset provides evidence of fair value as long as Ihere has not been a 5ignrfi¢anl change in economic ¢ir¢umstances or a 5ignifi¢anl lapse ol time since the transaction look place. Ir the market is not active and recenl transactions ol an identical asset on their own are not £ good eslimale of fair value, the fair value is eslimaled by using a valuation techniquè. 3 Incomfy from donatbons and legacies Unrestricted funds General Total funds Donations and legacies., Donations from individuals 2.633 2,633 Total for 2024 2,633 2,833 Total for 2023 14,838 14,838 4 Income from charitable actlvitie5 Unrestricted funds General Rèstrictgd funds Total funds Open aiT swimming pool Total for 2024 102,448 47,991 150439 102.448 47.991 150,439 Total for 2023 104,723 14.400 119,123 Page 16
Helmsley Open Air Swimming Pool Notes to the Financial Statements for the Year Ended 31 December 2024 S Investment ineome Unrestricted funds Gèneral Total funds Interest receivable and similar income., Inlerest receivable on bank deposits 1.855 1,855 Tolal for 2024 1,85S 1.855 Total tor 2023 1.106 1.106 6 Exponditure on raising funds Total costs 7 Expenditure on charitable activities Unrestricted funds Genèral Rostrlcted funds Total funds Note Open air swimming pool 91,288 12,000 103.288 Total for 2023 100,906 14,400 115.306 Page17
Helmsley Open Air Swimming Pool Notes to the Financial Statements for the Year Ended 31 December 2024 Total expendlture 8 Taxation The charity is a registered charity and is therefore exempl from taxation. 9 Cash and cash equivalents 2024 2023 Cash al bank 177,380 125,741 10 Funds Balance at 31 December 2024 Balance at 1 January 2024 Incomin9 rèsources Resources expended Unrestricted funds General 125.740 106,936 191,2881 141,388 Restficted funds 47,991 112,0001 35,991 Total funds 125,740 154,927 1103,2881 177.379 Balance at 31 December 2023 Balance at 1 January 2023 Incoming resources Resources expended Unrestrictèd funds General 105,979 120.667 1100,9061 {14,4001 125,740 Restricted funds 14,400 Total funds 105,979 135,(7 1115,3061 125,740 11 Analysis of net assets between funds Page 18
Helmsley Open Air Swimming Pool Notes to the Financial Statements for the Year Ended 31 December 2024 Total funds at31 December 2024 Unreslrict8d funds General Current assets Curienl liabili(ies 177.380 177,380 Total net assels 177,379 177.379 Tolal funds at31 DKember 2023 unrestricted funds General Current assets CuTrent liabililies 125.741 125.741 Total nel assets 125,740 125.740 12 Analysis of net funds At31 December 2024 At 1 January 2024 Cash al bank and in hand 125,741 125,741 125.741 Net debt 125,741 At31 December 2023 At 1 January 2023 Cash al bank and in hand 105,979 105,979 Net debt 105,979 105.979 Page 19
Helmsley Open Air Swimming Pool Statement of Financial Activities by fund for the Year Ended 310ecernber 2024 Unrestricted Funds Tot81 Total Unrestricted Unrestricted Funds Funds 2024 2023 Income and Endowment$ from: Donations and legacies Charilable aclivilie5 Inveslmenl income 2,633 102,448 1,855 14,838 104.723 1,106 Total income 1[,938 120,867 Expenditure on- Charitable activities (91.2881 1100.9(bl Total expenditure 191,288 100,9(%1 Net income 15,648 19,761 Nel movement in fLtnds 15.648 19,761 Reconclliation of fund5 Total funds brought forward 125,740 105,979 Total funds carried fotward 141.388 125,740 Thi5 page does not form part of the slalutory financial slatemenls. Page 20
Helmsley Open Alr Swimming Pool Statement of Flnancial Activities by fund for the Year Ended 31 December 2024 Restricted Funds Total Total Restricted Restricted Funds Funds 2024 2023 Income and Endowment$ from.. Charrtable activities 47,991 14,400 Total income 47,991 14,400 Expenditure on: Charitable activitie5 12.000 {14,4001 Total expenditure 12.0001 14,400 Nel income 35,991 Re¢on¢lliation of funds Total funds ¢arried forward 35,991 This page does not form part of the stalulory financial slalemenls. Page 21
Helmsley Open Air Swimming Pool Detailed Statement of Financial Activities for the Year Ended 31 December 2024 Total 2024 Total 2023 Income and Endowments from: Donations and legacies lanalysed below) Charitable activities lanalysed below Investrnenl income lanalysed below) 2.633 150,439 1,855 14,838 119,123 Totsl income 154,927 135,067 Expenditure on: charable activities (analysed below} 1103,2881 {115.306 Total expenditure 103,288 115.306 Nel income 51,639 19,761 Nel movement in funds 51,639 19,781 ReGon¢iliation of funds Total funds brought fonNard Total funds carried forward 125,740 105,979 177 379 125,740 This page does not form part of the 5talulory financial slalemenls. Page 22
Helmsley Open Alr Swimming Pool Detalled Statement of Financial Activities for the Year Ended 31 December 2024 Total 2024 Total 2023 Donations and legacies Donations and legacies Grants, including capital gran15 2,633 4,838 10,000 14,838 2.633 Charltable activitias Primary puipose Ir8ding Grants receivable Granls receivable 1 D2,448 39,491 8.500 104,723 9,400 5,000 150,439 119,123 Investment income Interest on cash deposits 1.855 1,106 1,855 1.106 Charitable activities Purchases WaS and salaries Staff Iraining Rates Water rates Light, heat and power Light, heat and power Insuranc& Repairs and mainlenan¢e Repairs and maintenance Printing. postage and stationery Trade subscriptions Sundry expenses Cleaning Advertising Accountancy fees Legal and professional fees Credit card charges (8.9151 141,0171 18721 19,1451 138,169} 19791 12621 (2,6221 15,0001 113,6371 12,4431 19,4QOI 121,7331 1461 13721 13951 (3,1281 14.3751 13601 16001 2,640 13.0111 118,5741 112.0001 13.8961 1551 15611 11401 110,7981 12,9161 13601 1301 1143 103.288 115,306 This page does not form part ol the slalutory financial slalemenls. Page 23