Greenbank Pool Unaudited Financial Statements 30 September 2024 CHARITY REfjIST114TION NUM8ER: 1188253 CHALMERS HB LIMITE Chartered Accountants 20 Chamberfain Street Wells Somerset BA5 2PF Greenbank Pool Financlal Stataments Year ended 30 Septernber 2024 Page Trustees, annual report Indep￿dent examinofs report to the trustees Statement of financial aciivlties Statement of financial posib'on Statement of cash flow3 Notes to the financial statements 10 Greenbank Pool Pw1 Trust￿. Annual Report Year orKled 30 Septemb•r 2024 The trustee8 present their Tep)rt and thg urrathlited flnanclal 6L*emen18 of the tharity for the year ended 30 Septemter 2024. Aclthements and w1orn￿￿ce Ovwall. the Fool has made a defKrt In th& year of £43,096 as a fesutt of the unreglBed loss of £119.Q1 on tha Investment In C & J Clark Umtted. ludlryJ th18 ￿1¢¢09n1Sed kxs. the poc4 has m•Je a surFlus of £76,525 on aGttMI activth88. The p)ofs SU¢xess 1$ very dependent upon the weather, Ythich as we know, b very variable from year to year and throuJhout th8 poofs OFening season. The weather theretsre pkyg a key Fort In the numbw of vlgftors lo the pool, emher wth * season tkkel or just wsiting for th* day. The numbèr of pool vhkors15 a key measuremtsnt of howw811 the p)d ha¥ done for the season, but at the Same time. we have no control over the weather vknlch18 aLs0 such an Imputant fad¢r in the Foof¥ *ucces8. Fortunatety Ihb year, stsrted vlth scffje g¢)oJ arKI 85 a rgsutt. a numter of￿¥90n tickets wer& Bold. allwh sales of these were slbhtty down fiom the prlor year. The prf¢e of these tickets dld have an in¢r8ase and ag a resur(, inwme onty decreased by •pproximatety £36,000, despts the fall in Ihe number 018&*0n ti¢kds sold. The warm weather, h￿￿er. deS￿e a prombiry start d(d not last agaln thB year resuth'ng in a deuease in the numbei of daity vBiiors therefore gale inc4)me wa8 down by £ZIS00. ¢ompgr•J lo last year, o reduction of 8%. The pjol sllll femal￿ powlarfor $¢*00￿ to hlre aTrJ lor chlhJren% wie8. The shots prorrt remained oM$Btent the prfor year. Tho shop 8elb refreshmonls 10 the pc¢JI vblcors aB well as items s￿h as chddren's swimmirvJ napws and 1$ ncé open to Ihft genw81 putlc ¢Aher than thc68 v18tt1ro the pool. ParkirwJ ir￿0￿¢ has also remained In line with the prior year. Th8 PODI was also ￿Ven a m¢x* vahjed donation 01£30.OCQ from Street Parfsh Coundl vknlth hel￿ it to wide a valuatle resouru lo the local Community. Overall. Income has Seen a decrease in the year arh188 rK4ed, the weathw vM8 a Ma￿ fador the Summer being o)9ler than averwJg. This year has also Seen 8 de¢reas& In expenditure ¢¢mpared to the prw)r year when 8NJnfficonl expendtture made on ieFars and maintenance lo improve the pwf8 lacilttle8 foll¢)wing Its re-QFenirg after Covid. Th55 year has seen a new acre8B ramp from the PODI to the Wel Play and some costs In re8peL# of rewints'ng orne ofthe Sydlls which wll be compteted next year. Wages and salarfes have alBo Iweased BlwJhtty and opart from one lull-time member of stsff, thè pool •mF4oys a number of lemp)rary Staff, many of vknom ore St￿￿entS Iwe uThJertaken thetr Ilte guarding training throLvJh the prN)l. Even youroer students are employed a8 litter pthr¥ and many of these students retum for several years lo work al the pwl, whlht on Bthoovunlverstty holNJays. Th• pxl ig therefore very rnLKh an wnportant F4rt ofth• o)rnmunty. Greenbank Pool Pag8 2 Trustee8' Annual Report(¢othu•d) Year ended 30 September 2024 Flnancl•l ￿1 The re8uits for ltr* yearare ¥howfft on page 7 as sel out on the Slatement ol Fwiandal Act￿￿88. Gainsllkxse81 on investments are treated 85 a comp)nenl of nel InLxffle ut)Jer FRS 102 and the trusV$ net expenditure was E1£43.0*112023.' nel income of£55,S431. The Inst saw 8n unrea115ed I￿ on the revalu81ion tsf its investment In C&J Clark Ltmi18d of£119,￿1 compared to an unrealtsed gain of £29.gOS In the ¥lor year. Once again, there has been M Income Ihe8e ￿ltsted investments as no drvhdervjs were paid by C&J Clath Lfrnted durtng the year. Tdal fund¥ carrled lOThya￿ as * 30 S•ptember 2024 are £943.620130 Septembw 2023.. £986.7161 s r*)led abwe, the charity m&Je an unrea&sed ths of £119,62112Q23.' unrealBal gain of £29,905) on th? unlisted Inve8lment in CW Clafk Umitsd Inlttmation rela￿n9 lo changes in Investments given In r￿e 17 to the ac¢ount8. A valuatlon of Ihe shares in C&J CkFk Limited has now teen carried out on 28 May 2024 ty 8DO arvj has Seen dvease In share value frorn £1.97 to £1.13 vknl¢h re9uttoJ in an unre8118ed of £119.ff21. Thr8 ktesl valuatlon at 28 May 21r24 15 dosest to the balance sheet dats and Is 0)￿￿ered to h the fair value ofthe other Investment as 8t 30 Septemtrw 3r24. No dlvlJendB from tr*8e Shares I￿e been rttdved In etther perknd. Investmwytpolky There are no re8tiidiorts 1ml￿ed on Ihe knNe8tment by the trust deed The t￿te89 make the hwe8lmerts In ac¢x¢rdance Chartty Law. R•$w￿POlIcY At 30 SeF¢ember 2024, the charty h*J totsl r8seNes 01£943,620 {2ry23.' £￿.718). At ￿ Septemter 2024. unre8trthd reseNes af• £3B5,843 ar￿ reservgs h8kl endcwwmenl tr are £557.777. Free reserves 8tand at £353,727. The TrLtst¢e3 have a of wtinuamy rvAewlng the feserves p>lUon and th¢tr ot4ecOve 18 to malntain the level of reBerveB as ap5xopriate lo keep pace Nwth d￿ebpMen The Tru8tee¥ have the pe4icy that * 19 prLtylwl to have suffi¢lent reserve6 to Cover three yeaTr of Fdenllal k6ses a resur( of bad weather vthich sets th• tree reserves al £2CQ,000 which 15 4 m8dium term target gNen the current level of free reserves. The 9ndoy￿ent ftjnd ig abo at4e to trar*fer cash to the unre5tr)cted fuThJ aTrJ thbs wa5 do￿ on several oc¢a81on6 durlng ihe pandemlc. In 8hort lemi the TnAstees' aim L8 that the p)ol tfeaks ￿tr￿ each year thls 15 heavily deFetMl•nt on Iho ￿ather and attendance leveh. Greenbank Pool Pago 3 Trustees. Annual Report(eon Y￿r ended 30 September 2024 Flnanclal rwlow(wnUftu•dJ Rl•k Mawiem¢nt The charity¥ trustees have con51dered the rna*r rL8k4 Indudlng any hazard$ lo the put4￿, to Ithch the L*artty 1$ exwsed aTrJ have rtyular rnegtings lo ensure ttrHt the8e are di%cwed arKI 8¢Aed upo where approprHte. tntstees otrt relev8nl Irwr8rKe, caryy out regubar m8Wltenan¢e and eroure Ih8t all stsff are ad4ualely tralned lo hdp protect agalngt the tdenlffjed fMk& In Carr￿r¢ out au these meayures and othtrrs as ne¢•sBary. tho trustees belleve that the all1￿ und&rtaken are suffKlent to m11￿3te any T￿. Oblecllves and aGtlvltlo8 Grgent4nk PODI was incorporabj as a Charitatle In￿)￿Orated Organnation ICIOI and vrd8 regi818red w*h the CharTty Commwon ￿ 2&h February 202Q It was set up lo take forvrdrd the V•Y) ol the unlncorporabl thwity, Gre￿bank Smimrning Pod, registered number, 3¢)4645. ¥Tha the tr8n¥fer of all ass8ts from the unlrthrporatsd the'ohj charty,, ttr)k F4ace on 31 March 2ry20. In fine wth the Ve$l￿va Oeckralpjn. the unreslrloted yoperty has been vested In th• CIO 4$ th• corFK¢t*e pr¢perty aTra the K*opety held in the eThJownenl fund, kntrMI as the Amenhles Tw51. has been v88tèa In the CIO as o trustee to hold as 8 tr￿t o)rporallon a8 tt wa8 before the trar6fer. Th15 FKQF•ty Is therefoTe still held 5eFqrately In an fjnduwm￿l tr(￿L The ot4ethes ofthe tharity are.. 111 the maintsnance nJnnlrKJ ol the swrnmlng pool knoNw 08 Greenbonk forthe tenefft ofthe inhabitants ofstreet In Somerset and the nevJhbourhoL*J', {2) the promthn of educ&icn in Street in S￿h nwnner a6 the charty tr￿(989 th ￿1r dI5uetk￿ th* In fulflllrg theoe ot4'eLtNes. the reCC9n￿es the wishes Of Hikja Clath as the sewor of the cicf8 predecessor thrhatAe trust IvknSch she loU￿Je4 In memry of her stster AJic& Clark) lo conskler th neelts ol ￿rnen girb, Streel 1SLYary and the prtsmotlon ol phystcal traiify and malntenance of ayirg fields In Bel*#lng p8rtku18r ¢h*liablo purposes to yLymote educallon In Str48et Publ* bgnoflt The truslees cts)ffimi they have c¢mFlied wth the duty n sedion 17 of the Charities Ad 2011 to Yov• due regard to puNlc benefft 9￿dance ￿b￿hed by the Commission. The trustees cg)nflrm that they have referred to the gUid￿Ce contalned in the Charmy CommBsion'8 general gutdanc¢ on pjblic benefft when reviewng the Trust'$ aitrn and ¢￿'e¢l￿8$ and In planniro future activibes. Thè outdoor swmmirvj poc4 lad1￿eS are avallat4e to the public throughout the summer season from May lo Septemter SNI the kjcal 8cIKols also ￿ the facilities. Greenbank Pool Pag• 4 Trustees. Annual Report(¢+>*rfnu•O Year ended 30 Septomber 2024 Structurei governAnc• and nwiagament Greentonk S5￿MmIng Po)1 aThJ Other Amenit￿$ Endo%wnenl Tr￿1 were estabbish&J under tru81 deeds in 1937. Togolher, they formed a reglstered charity. Gr•enbank Svamming Pool, charty number 304645. The assets of this old charty were trartslerrgj lo Ihfs chanty, a CK), on 30 March 2020. This arity haB taken on Ihe tsyo former twst dee(ts and is govemed by a 'Foundatlon' Conslltutlon hfj￿r en f&Jistered at the Charty Cc¥nm*sion on 28 February 2020. The charty mu3t have at least threo tru8tee8 up lo a maxlmum of #ix and apart from the first ch4rity tees, every tr￿ee rn￿1 te app)inted by a rgsolution at a properfy o)nvened Meeting. In 8electirvJ trustees for apFolntmenL the chanty trustees m￿1 have ward lo the S￿1￿6, kn¢yAedge and experience ne&Jed for the effectTve adminislraJon ol the CIO. Ne¥%ty app)inled Iru8tees will receNe opy ol the Constituf¢on arKJ a copy ol the CIO'6 latest Tr[￿le¢s. Annual Rep)rt and Slatemfjrt of acC￿[n￿. There ￿ no restrlcti￿j on the ￿ngth of t1￿ that a trustee holds offke. Any de¢Lslon may be mad8 elth8r81 a meellFVJ of the charjty trustees or vla a rosolutlon. The tr￿te¢S alw have pJwerto appolnt A Cornmlttee and delegate Sny of thelr FXY•ver c¢ funcoor to 8u¢h a o)mmitlee. The okl charty had • Management C¢)mmittee whlch has COn￿nUed arKI the management gjmmtttee normally rneet fcmially once or a year. hjl trustee$ g￿e thelr lime Ireety 4rKI no Temunerauon Wd8 pald In the yeèr. Greenbank SvitmmiThJ Pool has on9 1)Jll tsme empkjyee thro￿hOUt tho year and the remaInI￿ gtaff are normally Just employed duriro the summer ssason. Referenc•and SKlmlnlstrative detsl Regl$ter•J charlty namè Greenbank Poc4 Charlty registrallon nuffjb¢r 1188253 PrfnclpAI offlc• Groenbarl< Ho￿Se 44 High Streèt Street Somerset BA160EQ Th• trusteos R Clark J8 Clark SJ Clark Irtt8tgned 11112r241 Managemffjt Commlthg R Clark S Moss (Hon TreaBurer) N Smith" L W¢lfets' 'St￿l Patsh Ctyjndl Repre8entatlve8 ACry)un￿￿ & In(k￿ndent Examinor Ur D C Wnler ACA ChaIMe￿ HB Ltd Ch•rtered AC￿untantS 20 ChamberLryin Street WelL8 Somersel 8A5 2PF Greenbank Pool P•g• S T￿￿te08. Annual Report1¢¢￿¥￿￿•￿) Year ended 30 Sept•n*)er 2024 Tru8te88' mpon•lbillllu stat•m•nt The trustees are respons1￿e ts preparing the Iw5tees' TeFQrt and the financlal *atemenls In awordance vAlh awkable law and Unrtba Kingdom fvttountiftg St￿ards Ivnrted lQnglom Gener81ty AccountwvJ Pracllcel. The law s￿l￿1￿e to charities In Erolard 4ThJ Wales requtre8 the ¢h*lty tru81ee8 lo wepare flnandal statemeth for eath year gNe 8 true and fair view of the state of affalts olthe chaity and clth¢ ￿￿orni[￿ re80urces and gppllcafjon of re80urces, of the Charty for that wkd. In preparlng those flnarttal statements, the trustees *e required lo.. ** select 6uslabk acenunttTrJ pdlck8 and then aPFty them co￿091e￿￿, ¢t¢¢rve the melhcth arvj [￿ndpIes In the aokable Chafities SORP.. makes￿efits and accountirg ests"mate8that are reasonable ar￿ pr￿1&nt. State whether apF41¢￿e UK Ac¢ountiTrJ Standards have be•n fOll¢￿ved, sutie¢t lo any material departures rfisdoS￿ and explalnèl In the financHI statements: prepare the fjnanGial Statements cffj the o)ncem basts unle89 it Is In8r4YopN8te to wesume thal the charity ￿111 continue In ts￿in￿. The t￿￿tee8 ar• respon¥lt40 for keeplng adequate accountiTrJ record8 that *p sufflclent to show arKI explaln the transactlonB and dlsclose ¥￿th reasonatle aceuracy at any Ilme the flnon¢lal F#Jsition of the chaiity and enable tham lo ensura thal the firranclal 8t*emonts comFly the Charities Ad 2011, the apwlcable Charities IAccounts and ReFKJrtsl Regulatr'on¥. and the provL8kJr0 of the TnJ81 Deed. They ￿80 resp¢)nslt40 tor saleguarding the as88ts of Ihe charty and for reaBonable lor the preventron a￿1 delec11￿ of and othgr lff8gularikne¥. The tr￿lee¢ annual rep)rt Nyas 4yoved ￿ .............. . ts￿rd oltrustees by.. . and on behalfofthe Jthn Cla TrLthe Greenbank Pool Pag• O Indopendent Examlnerfs Report to TnMtee8 of Greenbank Pool Year •nd•d 30 Septefflbgr 2024 I rep￿ to the trustees on my examknatton ofthg IlnancLql Statements of Greethnk Pc#J Ilhe thartyl lor th year ended 30 Seoember X¢24. Re¥>on¥lbllltle8 and btsls of Tepxt A8 the tr￿teeS of the tharty you are responyible for the wepafattcn of the financial statements in accordance Yllh the rffjulfements ofthe Charkles Act 3)111'lhe Arti. I report in resF*¢t of n)y examinatton ofthg ¢hariVs financlal 8tatemert¥ carrkd ¢>Jt urvjtt 8eclbn 145 of the 2011 Act and in c4rrying out my ex8rninalM I have folbw&J all the aptyicalje Directions given by the Chariiy CornmlsBion under 88dion 14q5llbl ofthe As* Indoporthit examlnee¥ ¥lttlBm•nt sIn￿ the chatys gr086 income exceedèj £2so,IXIo y￿r examlner must be a member of a listed In section 145 ol the 2011 PLt. I ￿nfi￿n that l am quaisfied lo undertake the examlr*tlon tecau$e I gm a member of the lrnJtAute ol Chartered Aecountsnts In and W•le8 IICAEW. %thich1s one of Ikl•J t)me ig reccgnbed vthen recelw wobable entiifement 18 establL8heA. - inttjmo from Investments ￿m￿91n9 bank Inlwesl, rent and dNhYend8 are a¢￿Urthd for on o T￿e￿￿1e b8B - irKome from Charitable a¢twitle3 is accounted for on a I￿9￿able basi$ tn re5Feci of 8￿MmIr@ rool tickets. I￿orn* from the shop and car paMng1s accounted for net cl expenditure. Expe￿litY[fr Is reccgnlsgd on ?n accrua18 bas￿ as a Ilabllty ￿ Infjjrred. E%￿TraItu￿ Inckxles any VAT ￿1¢h ¢annol te lully re¢overed, *nd ts claBsrf*ed under headIn￿ ol th¢ statement of flnandal acllth to wfi¢h r( ￿late8.. pendiluT• on ¢hathable a￿V￿e$ incas&Jos all co*3 In￿rIed by a ¢harlty in und¢rtaklng tmlles that luther #s ¢harilable aims for the benefrt of its teneficiaries. Including those 6UFPOrt Q)Bts co8t8 rela￿rg to the gt)vemance ofthe charity atwtloned to charflabl& a¢aNttips. OLS• to the fact t￿t ¥wlmmlr#J afANf¢ies are exempt from VAT, any VAT suffered directty In respeet ol the pool ￿ irre¢over8ble ar￿ therefore all p)ol o¥pendiiure L8 #hown in the Flnandal Statements 88 VAT inclusNe amounts. The ghop and car path remaln sU￿.0¢t to VAT so any inc¢me and gXF•TrJrture In r*tion lo Ihese actNitw are included nel ofVAT. - other expeThJlbJre Indude8 811 expendRure that ty nerther rd*d lo ra￿ng funts for the charlty nor part of Its eXp￿d[LUre on charttatle actfvttle& Govemance incI￿atr th05e I￿rred in th* govemance of the tharity and Ws assets are prfmarity 8sse¢k8led ¢(HBt*utlono1 requlrements. Other support C￿(8 include central functioro and have teen alb¢at￿ to the ryJ8t Categorles on a basis consIst￿* vAth th• use of resources. The allocatlcfi ol SUFWrt and govemonce co¥ts Is analysed In note 10. Gr•enbank Pool Page 12 Note8 to the Flnanclal StatoJrnntS {¢¢olthu•¢J Year ended 30 September 2024 A¢countlng polld88 {¢ORthu•d) Tanglble as￿8 T¥81￿8 assets are Inltlally re￿rded at C08t. and 8UtwuenYy slated at cost less arry ac￿mulated deweelalion and Impaimienl losses, Any tangible assets ¢4rried 81 revalued amounts are rets)rdgJ at th8 falr value at th8 dat¢ of reva￿allon fess any subsequent #JM￿ted depfe¢radon and 8Ut6èWènt a¢oJmulg1gJ Impalfmenl10&8e8. The tr¢&hokJ $ite of the p)d VM. ty Dedaration of Trust dated 16 AWL￿1 1937, vestvj in the Tr[￿te•S ol Hikla Clark'upon trust to Fam?rt the same to be ￿ed as a wbllc swimming bath for the tenefl of the Inhabitants of the Urban DBtrkt of Street ard the ne&htouthocd'. The FI￿1 was coWet•J In 1937 al 4n approximats ¢osl of £6,CJJO from rnon&y left by Alice cla￿ Thls oFety ha8 ve8tèJ in the CIO as trLBtse to be held 88 a trntsl ￿rp)ratIon. Imyovements to the pwl have been cathlL8ed Ind￿d￿al Iteffffj excewj £200. Plant arKI Ul￿ent have been capitalised wthere Indlvldual ttems exceed £100. FrAed assets are sl*ed al Cost IM any a¢¢L#))ulaled d*w•¢iatbn and xry>ainnert1088es. Depreclatlon Dewe¢l8tton 1$ calxlated so ag to V+Trte off the or valuatkjn of an a66eL I￿6 Rs r•sbJual Yahje. the useful •conomi¢ Ilf• oflhal as$8t as foib￿8.. Freehoky property SwmmlrwJ ptr)I pknt a equiw8nt Over SO years on a 8tralght Ilne baBk Over 2-5 years cn a stra¥Jht bne tAslg No deF¥e¢kticn vo ¢harged on the Nimmkng r￿1 la￿. Investments Inve6tment6 are • fomi ofbask Inanckl Irtstrumgnt. u￿1$19d InveSt￿￿nts arn InIt￿llY reo)rded al ¢(ét are 8Ut8*4uenUy Tevalu&J to feflecl vabJatton$ * a date ¢bxestlolhe b31￿ce #) orderto h Measu￿1 at falrvalue. As nol•J abm, the value of E1.13 Is based up)n the latest valugtton of the shares hekl in C&J Clark Ltd Ntht¢l) was fArried out as a24 May 2024 tr18DO. Rafillwl galns and ICA• I galro ard t088es are taken to the ￿eMonI of Flnanclal A¢lfvltles as they erbe. Realoged ga￿ and Ic6ses on investments are ¢akulated as ts dIfferen￿ betsveen sele pr￿e0c* and ffi￿r oFEning Ixry+ng wal￿ orthelr wr¢hae value Ir acqulr&a suwuenl lo tho fi￿1 day of the flnandal yttr. Unre810gJ gaIr￿ arNd losses org rakulated as the difference b81ween the falr value at the y•ar end and their carrywwJ vall￿. RealL8ed and unreaM8ed Investment oah8 and losses are uJmbkneA In the Statement of Flnancial Adivttle8. Greenbank Pool Pap 13 Notes to the Flnanclal Statements (¢vnlthu•d) Year end•d 30 Septembor 2024 A￿OUntIng PDllcl•s (wiUnu•O Impalrmentolflx•l assets A revlew for Indicators of Impaimiert cathed out al each rep)rtit¥J dale. ￿lIh the fecoveratle amounl being estimated wkn¢re such iThgicaIo￿ exist Where Ihtr ca￿yIng value ex￿￿j$ the recoverable amounL the asset Is impaired ?c40rdingw. Prior Impayments are I￿0 r￿leV+*d for PON81b￿ rever¥81 at each r•p)rtsng d*. stocks Slod¢s are measured al the lower of cc¢t •nd estimated selllng fv less ccffjts lo comF4ete and s?11. Cc*t indudes all cc6ts of wrchase. costs of corwerslcfi and other incurreAI In ￿rOIng the 8tod(to its FYe8ent aTrJ o)ndrtion. Flnanclal Instruments A flnarK(81 asset or a financ4al Ilaknthty is reu￿nISed vknen the antty a party lo the contra¢bJal ofth Ir*tnJment 8a¥ic financ4al Instfuments are inrtrally recognlsed at the am¢yJnt I￿￿Vable or payable Induding •ny related transadhjn costs. Lml8$8 the arraThJernent consttiutes a finanLyrg trartsaction. where It r6 recwnlsed at the present value of the luture payments dlscounted at * market rale of Interest lor a Simikr debt inslTument. CuNent assets and current liakllf(ies are sub¥equentty maasufed * tho ￿¥h or other cvnskleration expedea lo t* or receiv￿ and not dLgcounted. Detl I￿trUments gre 8ut6•4UBrrtty meaBur&d at grnortlsfjd cA)gL l*Whwe Invwlm•nts in Ehares or prekrerKe shares are publfdy Iraded OT thelr far Val￿ OtheTh￿se te measured rellaw. the Investment 1$ sutwuentty measured * fair value wlth charKJes in Pdlr value reo)Jnbed In Income and ￿pertdlbjrè. Al other 8uth Investment8 are $ut•wuentty rrwur¥d al o)st le88 Impa1￿￿ent. Donngd ¢nw aTrJ wkntlng 11,209 6.184 ZS61 4.125 16,699 16.493 1.434 915 151 12,124 6,315 2.961 4.125 18,387 16.499 1,434 61.84S 12,961 3.278 1,688 15,718 14,418 1,SZJ 58.824 59.091 2.754 Greenbank Pool Page 16 Notes to th• FlnanGlal Staternnts (¢ooWnu•AI Year ended 30 S•pt•mbor 2024 1Q Analys1• d supp)rt co$tS f¢onUvu•¢ Govemance ¢c4ts are an81y8ed 88 follc￿.. Qovernance costs AcQ￿ntancY fees Legal aTrJ profosstorral lees Indgpendenl examlnafjc41 se¢¥etari￿ 11.340 379 8.819 1,43) 5,479 15,718 Total 18,387 Durfjng the Ferbd. the Jose￿ and Frances Clark pyovkded atz￿ntancY 8eTrlees of £7.580 12023.. £9,720) and Secretarlal 6eNlces of£S.36412023.' £5.4791. 11. Net IloswVgaln$ ￿ Snvknnts Endowftert Totsl Funds Endovnnerrt Tclal Fund8 2024 Funds 2C)23 Ga1￿11￿*$e$) ¢J) other Investment assets 1119,6211 {119,Q11 29.gos 11 Net lexw￿l￿rOIlln¢OM• Net {¢vrvJiture￿nlX)rne is stated aftercharglngll¢x•JNlrgl: 23 DeFleCHt*)n oftanglbie ￿¢￿ as8èts 7.4 8.005 13. Indewdent examlnallon fe 2024 2U23 p3yable lo ￿ IndeFendenl examlner for. Ind&FeThJent examinaon oflhe finandal st*•m8nts 1,304 1,440 Durfrg the period. Cttalrnern H8 Ltd. 8lso recefved lee8 of £2.942 {2Cf23". £3,171? In r•¥peLX of Pro￿1n9 payroll seNiGes and ￿.760(2023.. £2,520} for a¢¢ountarw and tax *r>rk. ThL8 N over and abwa tho indeperKlent exwnlnets fee 01 £1.30412023'. £1,4401. Paqe 17 Greenbank Pool Notes to the Flnanclal Statements (conl Year onded 30 September 2024 14. Staff ￿•ts The tdal staff o)sts ar￿ emF4oyee benèfits for Ihe reFor￿"ng wvJd are anatysed ￿ follovts". 2024 2023 Wages and salafle5 Srxial seLwrity costs EM￿0yer contrilxrtioro lo pension pla Other enwoyee benefts 152268 146,243 1.952 154,398 148.&28 The average head count ofempbyees durlng the yearwa8 3412023.. 411. There was one fvll time member of staff and thg other 8laff are emF4oyvJ on 8 temForary b88 ilst the pjol opon. No emF4oyee rec*NèJ emWoyee benefits of more Ihan £60.000 durfrtyj thg year {2023: Nill. l& Trusts8 r•munwalk>n and expenses No remunèts￿0n or olher beneffts from errpbymgtt *ith the charity or a reiat&J enttty %%we rece￿ ty the truBtses. No exF¢r￿S have t¢en IrKurr¢¢J. 16. Tanglble flxgd as••ts SvAmml Free￿￿51 Pool Plant & operty EquiF¥nent Swmmlrg larKI Totsl cost At 1 Oclober 2￿￿3 A&Jttions DL8￿￿1& At 30 2024 151257 235.874 28.7V2 41&9fJ 450 14691 416,9)4 14691 Td5.855 1S2257 28.7¥2 D¢precl•tlon At 1 October 2ff23 C￿[90 forthe year Dbswffjals At Xl Septsmber 2024 Carrylng amgunt At 3D sept￿b￿r 2024 130 S•ptember 2Q3 64,457 1,400 228, 291,361 7.4S6 {4691 298,388 65,857 232.531 86.400 87,800 3,324 8.970 28,792 28.792 118,516 125,W2 P4ge 18 Greenbank Pool Notes to tho Flnanclal Statsrnonts Year ended 30 September 2024 17. Investm•nts Investm•nts Cost or valuatlc At 1 O￿otser 2023 *dlt10ns Falr value mevements 280.540 (119.6211 160.919 At 30 Septsmb¢r 2024 Impalrment At 1 October 2023 and 30 S•ptsmb•r X124 Carrylng amount At 30 Septsmber 2024 At 30 September2tY23 160,919 280.S40 I Investry￿nIS Sh￿ atsve are hekj at valuatbn. Unltstèl investrnents 8re th at lalr value ot the bakAce 8heet d8t8. The unlisted IrNestments •Te revalu*J bas&J on a vabjation ol the shares ty 8DO. Thevaluatlon lfiojrpora￿￿ In the armurts was Frfeparwj on 24 May 2024. the value ctosest to the ba18rice sh￿tdate arKI Vfds £1.13 per Share(2￿23.. 31 May 2023.. £1.97 persharel. At the year •nd. the value ol shares held at the balarKe sheet date B £160,9191142.4L •hares st £1.13 w sharg112023: £280,540-141406 $hgres at £1.97 Fer share). The ￿n￿ance of financial Instruments to the trw8t YJ Gon8k1eTed In the finonaal review and Investment pollcy 8nd Ferfonnance Sed0r￿ of thg Trustees, Annual Rep)rt. The main rf8k from flroncial Instruments Iles In comtlnation ofthe share vaILm￿0Th the dfvhdend ytebJ. 18. Stock8 2024 Fini8h•l goods arvj gotyS5 for resale 3.770 1* Deblor 2023 Prepaymerts and 8ccrued Incorr otherdel*ors 1.925 9.081 11.￿6 16.6CO 19.1e6 go19 Greenbank Pool Notes to the Flnanclal StateThnts f¢onl Year ended 30 Septen*er 2024 20. Credltor8: amounts talllng due wlthln one year 2024 2023 Traje uedrto A¢ofual8 and d&feThed Inc(The Other ¢rèaltOfS 118 62.218 61,993 23,964 6.921 92.878 6.259 21. P•n•lons rfftl Other p)st rellrement b•n•fits A money purc￿0 defined Contribut￿n scheme is operatsA ty Aviva for one employee and an allernatlve money wrchase delthed Contri￿lOn scheme has teen wt In ￿ace for the seasonal employ￿6 ￿7th b oper*ed by The People's Penslon, although the latter scheme has not teen ed INS ye•r or last 0$ the p)ol has been dosed. Total contritslionB to these 8chemes amounted to £2,046 (2023.. £1.9521. 22. Anaty81$ of charltabl• lund8 UnmtrlcW funds At30 Gains and SePteM￿r 2024 O¢tobfyr Income ExFendf(ure General fvnd$ De81Jnated Fund 4>trJl Serubter 319,5eo 478.319 1412.0361 365,843 319. 478,319 1412,0361 385,843 A11 October 20f2 At30 Galro aTrJ ¥ember losse8 Inc0Th￿ ExFeTrJitum G•neral funds Deslgnaled Fund-Pool scrubtr 1,963 $04,612 1487.0151 319.$80 659 16591 1487.6741 301.963 $05.271 319.S&J A 8m811 donakn w4$ set aSKle aThJ used SFeclfkalty to acqulre a p)018uubb8r. Endowrnnt furKI¥ At30 Galn6 aTrJ September IDSSes 2024 Odober 2023 Inc£sme EXPw￿￿UIfj Arneniti'￿ Tr￿1 S57,1SS 14.396 14.1541 1119,621) 557.7TT Oclober 2022 Galns aThl Semembor 10s$8 In￿rne EXF•￿JitUre enrtfj￿ Tr￿t 829,210 11.886 13.845) 29,905 667,156 Greenbank Pool Pag• 20 Notgs to the Flnanclal Statements (¢w•(thu•dJ Year ended 30 Soptsrnber 2024 23. AnalY￿S of net assets ￿t￿9￿n lunds Unrgstri¢t&Y EndowThert Total Fund* Fur Fund¥ 2024 Tangltle aesets Investments Cwent assels Cr&Jltor81¢ss than 1 year NetaBsets 31116 118,516 160,919 750,444 186.2S91 943. 160,919 4f2,411 318,033 178.6841 17.5751 385,843 557.777 Unreotrld8J Endowmenl Totsl Funds Funds Funds Tanglt48 ass Investments Cwrent assets CrwJitor5 tess than 1 year Net w•ts 37,762 87.8(x) 280,540 3CE.251 17,4351 6S7.1 125,562 280,540 673,492 {¥2,8781 986.716 367,241 185.4431 319, 24. FIn￿¢1*1 Instruments Th& ¢arrylw amounl foi each category ol flnanc4al Ingtrumentlg 8$ followa.. 2024 2023 Financlwl as•ets Theasurod at fall v•lu• through In¢¢m•and •xp•ndltur• Flnancial assets mea$ured atlAlrvalue throwJh IncOff￿ and exFenditure 160.919 280,540 25. Anaty•l• ol chang•s In n•td•bt At At 1 Oct 2023 Cash S•p 2024 Ca$h at haTr 658.716 727, 20. Related partl Durirq the year. the th)seph and Frances Clark aixountancy Se￿1￿ of £7,58012023'. £9.7201 ar￿ setteiart81 seM¢es of £5,36412023'. £5.4791. The Joseph and Frances Clarf¢ has 4180 recharged office cc6ts amunb.ng to £3.199 In the year12U23". £3,372), Mr R Claik truBtse ol b)th the8elnts