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 Servi￿5 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 staterr￿n15 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 r￿kS of changes in foreign currency
exchange fates and interest fates. The charity uses fOre￿n exchange forw8rd Contracts and interest
rate swap conlra¢ls to hedge these exposures.
Interest bearing a55ets and liabilit￿8 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
appIl￿ble 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 comPan￿S website. Legislation governing the prep8r81ion and
dis$trmination ol fina￿la1 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 posit￿n 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 carr￿d 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 fOn￿ard
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 anti1￿ment 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 nOr￿OnI￿o111ng 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 comp￿hen$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 p￿sent 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 rneasu￿d 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 pr￿e 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 rn￿t 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
subs￿larIeS 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
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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
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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:
char￿able 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
Wa￿S 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
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Page 23