Final Version - Approved by Trustees on 12 May 202fi
HEATED /'%•
PETERSFIELD OPEN AIR
SWIMMING POOL
Report and Financial Statements
For The Year To 31st December
2024
Charity number 1195755
etersfield ool.or
Petersfieia Open Air Swimming Pool is a Charitable Incotyoratea Organisation. Reg Charity No. 1195755

PETERSFIELD OPENAIR SWIMMING POOL
ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR TO 31 DECEMBER 2024
Annual Report Index
3- 4. Charity Information
5-15. Trustees, Annual Report
16.
Independent Examiner's Report
17.
Statement of Financial Activities
18.
Balance Sheet
19-27. Notes to the Accounts

Charity InforniatAon
Charity number..
Principal Office:
1195755
Heath Road, Petersfield, Hampshire GU314DZ
Our advisers
Independent Examiner
Gordon Beer MA ICantab} FCA
GRB Chartered Accountant
4 Chilgrove House, Marden Way, PeteTsfield, Hampshire GU314PU
Bankers
Nat West Bank plc
4 High Street, Petersfield, Hampshire, GU32 IIF
Trnstees who served during the year and to the date of this approval were as follows:
Name
ointed
Resi
Nonunatin
Bod
Liiida Knutsen
Effective 01 Jan 2022 *
Effective 01 Jan 2022 '
08 Nov 2022
Vau
han Clarke
11 Nov 2024
Andrew Elder
13Au
2024
Ru
ert Kirb
14 Nov 2023
Paul Milner
Former Chair
14 June 2022
14 May 2024
David Robbins
Effective 01 Jan 2022 *
11 Mar 2023
Elizabeth Pillans
11 Nov 2024
Simon Russell
13Au
2024
Nicci She
herd
11 Nov 2024
Sheila S
ence
Chair
Effective 01 Jan 2022 '
11 Nov 2024
Piers Sto
Mei-yun Vaiaivia
a I'onions
11 Nov 2024
Trustees . Ii7ho also ficted
r tlw old ( re CIO) chnri
llre 5hoiiyn in
oste
clil
m 01 lan 2022
Principal Officers
Pool Manager:
Tom Callingham
Assistant Pool Manager..
Treasurer..
Edurne Lasquibar
Patsy Femandez

Petersfield
Open Air
Swimming
Pool
Trustee Team
and Staff
Iv

Petersfield Open Air Swimming Pool
Report of the trustees for the year to 31 December 2024
The trnstees are pleasea to present their annual report together with the financial stateinents of the
charity and for the period ending 31 December 2024. This being the third year as a Charitable
Incorporated Organisation (CIO). The trustees have adopted the provisions of the Statement of
Recommended Practice (SORP): Accounting and Reporting by CELarities PTeparing their accounts
in accordance with the Financial Reporting Staiidara applicable in the UK ana Republic of Ireland
and (FRS 102) issued on 14 lul! 2014 and the Charities Act 2011.
Chair's Report
What a fantastic year Mre have haa at the Petersfield Open Air Swinmiing Pool. We celebrated a
number of'ftrsts" this year while at the same time grew our traditional programme. Despite the cool
and changeable surnmer season weather we covered our operational costs and changed our
programming, so the pool was buzzing with p05itivitv and enthusiasm. Customer feedback Co￿lr￿ed
that our programme met the needs of most of our user community providing a peaceful haven, fun for
the Eamily, a training spot or a social venue for friends.
Of course, another good season would not have been possible without another year of tireless
dedication of our pool staff, trustees, volunteers and donations from local government, businesses and
inaivi£tuals. l M'ouia be Temiss if I did not make special mentioii of a few people who made enormous
contribution in 2024.
Lloyd Moore and Rupert Kirby with their aiving ana engineering skills replacea ana repaired the
underwater po(Il lights. This task would have been almost impossible to achieve and prohibitively
expensive IE we had been reliant on an external contractor.
Tom Callingham, Edurne Lasquibar and Patsy Fernandez for their tireless and positive dedication
as our stafE officers.
EHDC ana HCC Councillors for their councillor grant contributions to the purchase of the portable
sauna.
Chris Gorman fToLn Big Ladder Photography for once again taking some an￿ZIng images OE the
pool ana managing to get them published in national publications.
The trustee team who put enormous amounts of passion, skills and time into safeguarding the
"gem of Petersfield"
2024 saw major changes to the tLUStee team. We said Earewell to Linda Knutsen who has been very
active trustee for over 20 years with seven of those as chair of trustees. Linaa will be stepping down in
2025. Vaughaii Clarke who has been involved with the pool for almost 20 years after initially joiiiing as
the town council member of the trustee board also chose to step down. We owe an enormous debt of
gratitude to both of them for their long-standing service. We also said goodbye to Andy Elder who as
grant fundraising trustee was able to win us a number of grants whiLh helped us maintain and
improve the pool inErastructure. Also departing as a trustee was Liz Pillans who we have also
thanked. We have welcomed Eour new trustees who brought with them specialist skills and passion
for the P(￿1. They are Nicci Shephard (MaTketing} Simon Russell (OpeTatioiis and Buslliess
Development) Piers Story IMaintenanLe Management) ana Mei Yun Vaiaivia d'onions (Projects).

I would al80 like to extend a big thank you to the loyal pool comniurrity who continue to enjoy and
support the p(x)l. We appreciate the words of appreciation. idea8 and sugge8tion8 and we strive to do
our best to keep it a thriving asset for the whole convnunity.
l am honoured to have i￿} the chair and look forward to handing the mantle over to the next chair in
the sprins of 2025.
Sheila Spence- Chair of the Trn8tees
Hi8tOry* Pwpose and Activitie6
The Eornier charity known a5 Petersfield Open Air Pool INo'.301917) was created on 31 Iuly 1961 with
a Deed of trust by Petersfield Urban District Council who thereby made the land available at Heath
Road, Petersfield, Hampshire, GU314DZ. On l., January 2022 the assets and liabilities of the fornier
charity were transferred to a new CTharitrable Incorporated Organisation knomm as Petersfield Open
Air Swinw Pool created on 8 September 202] with the new charity no of 1195755.
The obj'ectives of the Petersfield Open Air SWim￿g Pool are to Proll￿te conununity parlicApalion in
healthy recreation by the provision and Maintenance of a swim]￿g pool for the benefit of the
inhabitants of Petersfield and the surrounding area for the purposes of providing leisure sw]mn￿&
fal￿tie￿, le¥yons. COUTSes and a55oEiated facilities foT I(Kal individualJ, ￿h0o￿ and
organisations.
Achievement8 *nd Performance
The variable sunittwr weather pattem of 2023 was iepeated in 2024 with in particulor a damp and
soggy summu holiday period which impacted ￿ak E￿10d attenda￿e8. Despite this the conttnued
roll-out and development of new initiatives and events helped to attract new sw1nu￿rS to the pool and
contributed to recording an excellent total of Just over 40,000 swims during the whole season. These
initiatives were supported and boosted with dficient and flexible marketing activity.

TWILIGHT
SUMMER SOLSTICE
ADULT COACHING
SWIM & SUPPER
Join vsforo wd nv3h1￿M on
1Fm￿20kn& Ilw.12..
Lthd2
The year started well with a healthy level of season ticket sales, followed by seasonal peaks ana
troughs of swimming activity and sales. As a trial, our season was extended with a reduced session
Cool Water Season from October to early January 2025. This period of Cool Water swimming together
with 8reat interest in the Portable Sauna was successful in attracting new customers and in maintaining
a satisfactory level of income over the whole period. It Is now planned for this to become part of OUT I
programme in 2025. The seasonal monthly profile of our swimming tumstile income ana swimmer
numbers including season tickets and passes can be represented gTaphically as follows:
POASP 2024 Swim Intomo p@r Month
POASP 2024S￿mMer Nos Per Month
.IilV,.
-2 pr
As may be expected but not necessaray guaranteed our swimmer numbers profile over the season
c105ely matches the income trend. Working aTouna the Teporting limitation5 of our booking syste
data we have now been able to collate and tabulate our detaile¢l swimmer numEers by activity type
over the last tmro seasons which has been very helpful for our season planningi scheduling and
budgeting. This data is summarised below..

HIRE THE POOL
2024 Pod Usa¢t Nvmbeis
se￿on
2023
%c
2024
Numbers
Nos
Fr 2023
Se150nfK*et5& Pa5St5
General Swim
Quick Dip
Lane Swim
Spectètors
4uO
22.1%
196%
Planning a paty, why not
have 4t at the pool?
10.85L
2.55Q
75
12.895
1.406
-15 9%
814%
75.9%
372%
20.4%
AvoikJb19 to hire For
privole events on Friday.
Jhjrdoy and Svndoy
eveniNJs from 6..30pm
Prices kom £3(K) For
h¥(￿hoUrS exclusive use
1.895
177
20
hVSo15ti£e
Swim Club
Front Crowl
ial Swirns
L.526
117
4.2%
03%
669
128.1%
35
931
928 S%
41.5%
3.6%
3.5%
Soun
Under 5.51 l Lane
SubTot•l
1.286
30?
410
-26 3%
16a¥
18.615
77
Tot
56,714
IMA
I8￿76
27.1%
Olh•r Swm
Swim Le550Tr5-5ch¢ols
er 5(hool Sessions
Swirn Le550n5- Private
Priyaie Hitt k$$1￿$
SybTot4
1.770
270
47.4%
7.2%
18.0%
B22
875
22.0%
234%
i(K)o%
1.284
.12 5%
.30 5%
IEATED/
www.peterslieldpool.org
5784
&rOBc￿
Ov¢rolTotd5
40N51
32.660
23.9%
Highlights, Trends and Changes
The pool was open from the beginning of May 2024 until the beginnin% oflanuary 2025 the longest
season we have ever provided. The extension of the season of4 x Cool Water morning swims each
week has taken the total numbers of swims for the year to 40,451 and boosted total income for the
year by IO¥o
This total of40,451 swim for the year represents growth year on year of + 23 %.
We opened the season with newly renovated toilet / shower facilities and a revamped website.
Partnership with "Earth to Oven"
a quality local street food vendor- for our special evening events.
Surnmer Solsts'ce Swim
FthJay23rf Jjne
8".Wpm- lop￿
(SPENAIR
SWIMMING FC
JrAnu£hx
Friday 23rd June
8."30pm- 10pm
Dppr.ftKrEdTrBknmBrf&&￿T

Introduction of new sessions including swim club for adults, technique improvement sessions and
serene sound bath sessions.
Purchase ofa grant funded sauna for the cool waterseason, which proved very popular with
customers and a new viable income stream.
The sauna has been a key element ofthe Cool Water Season programme and has successfully
complimented the swim sessions.
Since coming into use in September the sauna has had 1286 sessions with 830h of these since October.
•0
Five local community schools scheduled group swimming le550ns with approximately 1,770 total
swirns. A further 822 swims were recorded for private lessons albeit impacted by the poor summer
weather this season.
The poolside team enjoyed providlng a safe facility and great customer service with many of the
pool attendants retuming Eor their second or third season.
Excellent staff moral and efficiency across the extended season with a strong customer care focus.
Refreshment income at the Dive Thru Café, was £40,024 representing sales growth oF27n/o.
Our website
etersficld ool.or
and social media profile was further improved to provide added
functionality and customer information as a focus for all pool-based enquiries.
Facebook and Insta%ram posts were re%ularly used to promote pool activities, special events and for
communication purposes with growth in numbers of followers.
POASP given the "Owl Award" from the Petersfield Society awarded annually for significant
contributions to the character of Petersfield and/or surrounding villages.
ond his team Ore to
nwT. Al￿11&{D 2024
?7 April
i lil,
wwl r

Night & Day at The Pool with thanks to The Big Ladder Photographer
f4
WWW.Dl
ladaer.co.UK
10

Financial Review
This report covers the third year of trading for POASP as a CIO with a calendar year Einancial perioa
and full comparative Eigures Erom 2023. Given the trading performance of the charity the Eollowing
observations have been noted and discussea by the Trustees.
Trading Results and Budget
The overall revenue (unrestricted reserve) position shows a small loss of £12,156) was in line with
the break-even budget set albeit laTgely derived through increased net income across the varLOUS
headings reported matching some adverse expenditure headings as explained below.
The table below compares trading income over three years and indicates the positive gTowth in
core swimming session income in 2024 of which the trial Cool Water season was a significant
factor. The table illustrates the grom.th of total trading income over the last two years which is a
material chaiige and is matched with growth of our customer base ana refreshment sales.
Tradln8 Incom¢ H*¥dln8s Anatysls
Daily Tickets
Season Tickets
Swim Vouchers
2024
2024
2023
2023
2022
2022
171,451
23,329
10,493
4,721
59Y.
134.426
19,867
15,430
4,610
46Y.
7/.
109.246
13,999
18,527
3,245
45Y.
6°A
4Y.
2Yo
Merchandise
Refreshmenl Sales
2/0
1/0
ijx
40,024
20,2S4
19,888
2,127
292,280
loo%
49,895 20.6%
14%
T/0
31.263
14,310
20.812
1,674
242,391
38,218
23,730
13,960
19,837
1.629
204,173
10QA
6°
8Y.
l°A
84Y•
Potsl Hire & Sauna
5/0
Swimming Lessons and Courses
Solar Panel Tariff Income
1/.
83Y•
18.7%
Year on Year Change
POASP Charitable Activity
Income Sources 2024
Daily TFckets
1%
SEa5un Ti(*ets
. Swbm Vouthers
14%
MerchaThthse
5Y%
Refreshment Sales
. Pool HI￿ & Sovna
8%
5wimmin8 Lessons and Lourses
Solar Panel Tariff Inccme
The unrestricted expenditure headings have increased from £248,803 in 2023 to £312,878 in 2024
which represents a +25.7°A change. A longer season with matching running costs, additional
refurbishment project expenaiture and growth in staff costs {inLluding a new Assistaiit Manager
post) are the main factors here.

b. SensitivAty of Trading Performance
The sensitivity of swimming activity and thu5 the trading performance to weather conditions and
its seasonal profile are factors that the Trnstees routinely monitor, ana the 2024 weekly income
profile was markedly varied MTith limited sunny days peaks during the season with the peak
summer holiday period characterised by gre! skies and heavy rain for Lnuch of the time. This
trend was tracked with data fvom the booking system and was a factor in the Lontinuea
development of new and vaTied events and activitie5 to try and boost and sustain the season
income levels. The extension of the season into Cool Water Swimming was a suLcessFul trial and
the grant assisted purchase of a Portable Sauna also added to the variety of pool-based activities
ana events.
Other Income
The 2023 accounts included the full amount of a &>uth Downs CIL Fund Grant i.e. £50,000 with the
refurbishment project expenditure amounting to £74,051 being incurrea over the Oct 23 to March
24 period. The excess sum of £24,051 was funded from unrestricted funds as shown in the SOFA
on page 17.
No further restricted grant monies were received for this project.
Grant funds of £7,000 were received as shown in note 4. Given the sensitivity of core trading
performance, it IS Tecognised that growth in this heading will fuTther help to fund site and facility
improvements and to secure the reserve funding policy position.
d. Staff Costs
Total employed sL]fE costs & pensions OE £130,332 {£106,707) are reported representing 45.3% of
total unrestricted expenditure ana included those for a both a Pool Manager and the new Assistant
Manager post. A seasoiial staff bonus OE 4°k was paid together with salary amounts to the pool
peTmaiient pool staÉf for the extended Cool Water Season duties. The efficiency of staff rotas and
allocations is key to the operational planning for the season. Notwithstanding this factor the
requisite safe staffing ratios remain an essential priority in the planning of staffing schedules.
e. Bank and Loan Balance
At the year-ena a total bank balance of £229,172 is repoTted comprising two separate current
accounts and a savings account which are used for operational and fundraising purposes. Hisher
interest earning accounts are being evaluated by way of Seeking higher cashÉlow bal￿7Ce return5.
Given the sensitivity of oore trading performance and the absolute growth tn sales, it is recognised
that growth in the cash balance will help to fund site and facility improvements, facilitate the
seasonal cashflow of the pool business and also secure the reserve funding policy position
necessary for business continuity and planning.
f. 2024 Season Planning Budget
A prndent revenue budget for 2025 has again been set with an objective of breakiiig even as a
minimum which is accepted as justtfied for specific operational purposes re staffing needs despite
being below the target of a IO°A net SUTplus to total income ratio. It is also noted that in the current
economic climate cost sensitivities of operational, maintenance and utility expenditure in addition
to the need for an efficient season timetable aTe all key to the setting of ticket and sesSLon prices.
A key thread OE planning Eor another extended season including Autumn Cool Water sessions will
be introduction of a new Booking System with improved customer service and marketing
functionality. This will be launched with the introduction of various Membership Lategories with
12

the aim of growing the customer base and income over the longer season period. Following the
successful introduction of the portable sauna the concept OE a permanent sauna is being explored
by the trustees.
Reserves Policy
Unrestricted Eunds (being reserves not represented by fixed assets) are needea to provide funds which
can be designated to specific projects to enable these projects to be undertaken at short notice and to
cover plaiined adininistration, fund raising aiid support costs without which the charity could not
function including those arising during the period when the pool is closed. The trnstees consider it
Prudent that the unTestricted reserves level should be sufficient to cover 3 months of staff wages
(salaried staff, excludtng overtirne), 3 months of operations and rnainten8nce (establishment Losts), 3
months of administration costs and as a continsency for major maintenance works and unforeseen risk
expeiiditure.
Given these criteria the level has been revised to £170,0(X) and this is monitored and reviewed by the
trustees on a regular basis.
Plans for the Future
The Trustees have now finalised a new Business Development Plaii for the pool with a 5 year focus i.e.
2024 - 2029 and reference to the long-term position arising from an internal SWOT analysis, customer
feeaback and compaTative/marketplace analysis. The executive suninw}T of the plan is set out below
together MTith the status of the 2024 action plan points..
The Petersfield Open Air Swimming Pool IPOASPI has been operating as a charitable enterprise
since its establishment in 1962. Our 25m heated open-air swimming pool attracts a diverse
range of customer5, offering multiple activities and well-maintained facilities. Customers include
families, fitness enthusiasts, seniors and visitors from the Petersfield community and beyond. It
is one of only a few remaining outdoor pools in Hampshire and surrounding counties. It is a
viable entity thanks to a dedicated team of trustees, staff and volunteers.
Our business plan seeks to provide a 5-year roadmap of activity which aligns with our mission,
vision and values and is organised in terms of three pillars.. health and wellness, and
environmental sustainability and business sustainability.
Grants and fundraising play a crucial role in supporting our operations and growth, enabling us
to fulfil our mission and serve the community effectively and deal with the challenges of running
an asset of this vintage.
Over the next five years. we aim to achieve our objectives through continuous improvement
activities, ensuring that POASP remains a vibrant and valued asset for Petersfield and its
surrounding areas.
This business plan includes a S-year action plan to deliver the various objectives and ambitions
set out in this business plan.
13

Action Plan- 2024 Progress Status Update
Develop community, educational & corporate partnerships
Trial sauna usage on site
Explore local signage improvements for pool accessibility
Develop a strategic marketing plan
Develop a rolling 10 year maintenance plan
Review site facility lighting for safety & ambiance
Update and review the Governance plan
Evaluate alternative booking systems for business efficiency
O In progress
¢ Completed in Autumn 24
In progress
¢ Completed in Autumn 24
Completed in Autumn 24
<> Completed in Autumn 24
O In progress
O New system pending for 2025
Progress on the business plan will be reported annually including within the Annual Report.
Strncture, Governance and Management
Governing Document and Organisation
Petersfield Open Air Swinirning Pool is a Charitable Incorporated Organisatioii (CIO) governed
by its constitution dated 14 Dec 2021. The charity has the power to borrow Eunds, lease
equipment, dispose of property, elnploy & remunerate staff and to deposit or invest funds with
all its powers sulry'ect to the relevant Charities Act 2011 provisions.
Appointment of trnstees
The CIO constitution provides for a minimum of five and a maximum of eight trustees with a
provision that the majority reside in the PetersEield Area of charity benefit. All trustees OE the charity
are appointed for a thTee-year term following a 5Ultable resolution being passed at a formal meeting.
Petersfield ToTrm Counca are an'Appointing Body, so may noLninate one trustee foT appointment.
Trustee induction and training
New trustees will receive (before appointment} the following information:
A copy of the CUTrent version OE the charity constitution
b. A copy of the POASP CIO'S latest Trnstees, Annual Report ana statement of accounts.
Other elements of new trustee induction will include..
A visit to the pool site to meet fellow trustees and the pool manager.
a. A briefing covering the pool history, governance arrangements, activity program, buagetary
position and development plans. This will be undertaken by the Chair or other trustees as
appropriate.
Risk management
The trustees have a Ti5k management strategy which comprises..
an annual review of the risks the charity,.
the establishment of systems and proccdure5 to mitigate those Tisks idcntiEied in the plaw" and
the implementation of procedures designed to minimise any potential impact on the
charity should those risks materialise.
14

This work has identtfied thatfInanC￿ sustsinabiIity is the major long-terni finanLial risk for the
charity. A key element in the n￿￿gement of financial risk is via a Tegular review of the reserves
Th￿tee8, responsibilities in relation to the financial statements
The charity trustees are responsible for preparing a trusteeg annual report and Einan
statements in accordance with apph"cable law and United Kingdom Accounting Standards
(United Kmgdom Generally Accepted Accounting Practice).
Company law and the law applicable to charities in Fngland and Wales requires the charity
trustees ts) prepare financ￿ statements for each year which give a true and fair view of the stste
of affairs of the charitable company and the group and of the incoming resources and app]ication
of resowces, induding the income and expenditure. the charitable wup for that period. In
PWaTins the financial statements. the trustees are wuired to..
select suitable accounting poliaes and then apply them consi8tently' ob8erve the methods
and pTIr￿1pIe5 in the Charities ￿)RP.
make Judgements and estimates that are reasonable and prndentr,
state whether applicable accounting standards have been followed, suliect to any
material depaTiuTes disclosed and explained Én the financ￿ statements:
pwwre the financial statements on the 8oin8 concern basis unless it is inappropriate to
presume that the charity will conlinue in business.
The trustees are res￿)￿S1￿1e for keeping proper accounting records that dI￿105e with reasonable
ac£i￿a(Y at any time the financial position of the tharity and to enable thetn to ensure that the
fxnancial statements comply with the Companie5 Art 1985, the Charities Act 1993, the Charity
(Accounts and Reports) Regulations 2(XKI and the provisiorL8 of the trust deed. They are also
responsible for safeguaTding the &ssets of the clwity and hence takin8 reagonable steps for the
prevention and detection of fraud and other irregularities.
Sheila Spence- (￿￿1r of the TTUStee8
12 May 201
15

PETERSFIELD OPEN AIR SWIMMING POOL
INDEPENDENT EXAMtNERYS REPORT TO THE TRUSTEES
ON THE Accouwfs FOR THE YEAR ENDED 31 DECEMBER 2024
I r¢pvrt io tli¢ ttu¥ie¢s OAI Iiiy ¢xaniillat&on of the accounts of Pctctsfi¢ld O￿n Air Swimming
Pool for the year ended 31 December 2024.
Responsibilities and B411$ of Report
As the trustees of the Charity you are responsible for the preparation of the accounts in
accordance with the Charities Act 2011 ('the Act").
I trpvil iii res￿￿1 ofiiiy eX￿1)Inatio1] of thc Cl)arity's accounts ¢arricd out undcr scction 145
of the 2011 Act and in carrying out my examination I have followed the applicable Directions
given by the C.hArity C.ommi*ginn under ¢￿ti￿n 145(5)b of the 2011 Acl.
Inde￿nd¢llt Examiner's StatemeDt
T l)ave completed my examination.1 confinn thal no material matters have corne to my
aLi¢lliivn in LvnncLiiun with th¥ ¥X¢￿IllI￿alluII ¥iviiTrg fft)ie to b¢li¢v¢ that in any matcrial
respect:
l.accounling reconls were not kept in respect of the Charity as required by section 130 of the
Act- or
2 the a¢¢ounts do nol accord with those records. or
3.the accounts do nol comply with the applicable requiremenls concerning the forni and
content of accounts set out tn the Charities (Aceounts and Repnrt8) Regulations 21K)S other
than any r¢quir¢ment that the accounts give a'tru¢ and fair vieW' which is not a matÈer
considered &s part of an independent examination
I have no concems and have come across no other matters in connection with the
examination to which attention should be drawn in this report in order to ¢nable a prorKr
UnderSL￿ding of the accounts to be reached.
/Kz34-
GRBeer
Chartered Accounlant
4,Chilgrove 14ouse, Marden Way
Petersfield, Hampshire GU314PU
(Cantsb) FCA
12th.may 2025
16

PI,TE,RSFII,LD OPEN AIR SIfvIMMING POOL- 2024 ACCOUNTS
CONSOLIDATED STATEMENT OF FINANCIAL AcfiviTIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Total
Fund5
2024
Prior Year
Funds
2023
Unrestricted Restricted Endow'ment
Funds
Funds
Funds
INCOMING RESOURCES
Notes
Income
Income and Endowments from
Donations and Legaiies
Charitable Activities
Other Trading Aitii'ities
12,072
292,286
6,364
12,072
292,286
68,476
242,391
5,546
Total
310,722
310.722
316.413
RESOURCES EXFENDED
Expenditure on
Raising Funds
Charitable Activittes
977
287,850
977
339,627
51,777
270T17
Total
288,827
51,777
340.604
2n.077
Net Surplus
21,895
151,777)
129,8821
Transfer Between Funds
124,0511
24,051
Net Movement in Funds
12,1561
127,7261
129,8821
ReconcAliation of Funds
Total Funds b/fwd at 01 January 2024
269,956
27,726
,762
661.444
616.108
Total Funds rlfwd at 31 December 2024
267,81Y)
363,762
631562
661,444
The notes on page5 19- 27 form part of these occounts.
17

PI,TE,RSFII,LD OPEN AIR SIfvIMMING POOL- 2024 ACCOUNTS
BALANCE SHEET AT 31st DECEMBER 2024
Unrestricted Restricted Endow'ment
Funds
Funds
Funds
Total
2024
Total
2023
Notes
Fixed A55ets
Tangible Assets
10
56,671
,762
420A33
426,730
Total Ftxed Assets
56,671
,762
420A33
426,730
Current Assets
Stocks
Debtors
Cash at Bank and In Hand
4.573
5.016
229,172
4.573
5.016
229,172
12
16
>,086
198,731
Total Curent Assets
238,761
238,761
256,256
Current Liabilities
Creditors due within one vear
13
27,632
27,632
21,542
Net Current Assets
211,129
211,129
234,n4
Total Net Assets
267,8tK)
,762
631562
661,444
Funds of the Charity
Endowment Funds
Restritted Funds
Unrestricted Funds
19
19
19
,762
363,762
363,762
27,726
269,956
267,8(M)
267,81X)
Total Funds
267,8(M)
363,762
631562
661,444
The charity was entitled to exemption ftom audit under s477 of the Companies Act 2006 relating to sjnall compan
The tsu5tees have ilot required the company to obtain an audit in accordance with section 476 of the Companies
Act 2006.
The trustees acknowledge their responsibility for complying with the requirements of the Companies Act with
respect to accounting records and the preparation of accouiits.
These accounts have EEeii prepared in accordance with the provisions applicable to small comparrie5 sutyect to
the small companies regime and in accordance with FRS102 SORP.
Signed by D T Robbins on behalf of all the trust￿ .'
D T Robbins
Date of approval ..
12-May-25
18

PI,TE,RSFII,LD OPEN AIR SIfvIMMING POOL- 2024 ACCOUNTS
NOTES TO THE Accouivfs FOR THE YEAR TO 31st DECEMBER 2024
ACCOUNTING POLICIES
a} Basis of Preparation
These accounts have been prepared under the historical c05t convention with items recogn15ed at Cost
or transaction value unless otherwise stated in the relevant notels) to these accounts.
The accounts have been prepared in accordance with the Statement of Recommended Practice..
Accounting and Reporting by Charities preparing tlieir accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and
with the ChaIities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
The financial statements include all transactions, assets and liabilities for which the charity is
responsible in law.
b} Going Concern
The trustee5 consideI that there are no material uncertainties about the charity'5 ability to continue as a
going concern.
c} Incoming Resources
All income and donations are accounted for when received by the charity. Grants are accounted Eor
when the charity ha5 entitlement to the Eunds, ceitainty of receipt and the amount is nieasurabLe.
d} Donated Services and Facilitie5
Donated services or facilities are included in incoming resources when the benefit to the charity is
reasonably quantifiable and measurable. They are valued by the trustee5 at the amount the charity
would have been willing to pas, for the services or facxlities on the open market.
e} Fund Accounting
EKdoEvnientfiiiid.% are funds, the capital of which must be maintained,. only income arising Erom
investment of eiidowmeiit may EE Used either a5 restricted or unrestricted fund5 dependins upon the
purpose for which the endowment was established.
RgstricledfvJid5 represent la) income EIOM trusts or endowments which ￿a}, be expended only on
those restricted objects provided in the ternis of the trusty or bequest, and Ibl donations or grants
eived for a Specific object or invited by the Petersfield Open Air Swimnillig Pool.
Ufr7restrEctedfiinds are available to Use to further any of the purp05e5 of the charity.
fj Resources Expended
All re50urce5 expended are recogni5ed when incurred. Any grants or donations expended are
accounted for once awarded and there is a legal or constructive obIigation on the charity.
19

PI,TE,RSFII,LD OPEN AIR SIfvIMMING POOL- 2024 ACCOUNTS
NOTES TO THE ACCOUKfS FOR THE YEAR TO 31st DECEMBER 2024
g} Tangible Fixed A55ets
The Freehold Property being The Open Air Swimming Pool in Heath Road, Petersfield and adjoining
land is pending formal registtation with the Land Registry having been ttansferred to the POASP CIO
Structure under a Vesting agreement with Petersfield Town Council date 31 January 2022. It is treated
as a Permanent Endowment in the Balance Sheet and has been valued by the Trustees in these
accounts at its insurance value as no independent valuation M'as available.
The Trustee5 consider that as The Petersfield Open Air Swimming Pool and adjoinlng land has a high
residual value there is no need to chaTge depreciation on it in the year. This position will be reviewed
at each year end iii fll￿re.
Individual fixed assets costing £3,000 or more are capitalised at cost and are depreciated on a reducing
balance basi5 of IO% as disclosed in note 11.
h} Stock
Stock is included at the loweT of cost or net realisable value.
i} Fen5ions
The chaiity has registered with NEsf and eligible employees are auto enrolled as per pension
regulation5. The Scheme is a defined contribution scheme with the costs equal to the contributions
made for the accounting period. The chaiity's contributions are shown in Note 10.
j} Offsetting
There has been iio offsetting of assets and liabilities, or income and expenses, unless required or
permitted by the FRS 102 SORP OI FRD 102.
k} Government Grants
The charity has received goveTnment grants in the reporting period, these are included in note 4.
l} Tax Reclaims on Donations and Gifts
Aid amount recovered on a donation i5 considered to be part of that gift and i5 treated a5 ali addition
to the same fund as the inxtial donation unless the donor or the terms of the appeal have speciEAed
otherwise.
m) Volunteer Help
The value of any voluntary help received ts not included in the accounts but is described in the
tru5tees' annual report.
n} Redundancy Payments
The charity made no redundancy payments during the reporting period.
o} Deferred Income
No material item of deferred income ha5 been included in tlie accounts.
p} Creditors
Thc charity has creditors which are measured at settlement amounts less any trade discounts.
20

PETERSFIELD OPEN AIR SVI'IMMJNC. POOL - 2024 ACCOUNTS
NOTES TO THE ACCOUNfs FOR THE YEAR TO 31st DECEMBER 2024
Legal Statu5 of the Charity
Petersfield Open Air Swimming Pool is a Chayitable Incorporated Organisation ICIOI
governed by its constitution dated 14 Deceniber 2021. The Charity has tlie power to borrow
fund5, lease equipment, dispose of property, employ and remuiierate staff and to deposit or
invest funds with all its powers suty'ect to tlie Televant Charities Act 2011 provisioiis. If the
POA£P CIO is wound up, the members of the POASP CIO have no liability to contribute to
ils assets and no personal responsibility for settling its debts and liabilities
Schedule of Income
Unrestrioted Restricted Endowment
Funds
Funds
Funds
Total Funds Prior Year
Donations & Legacies
Donations & Gifts
Gift Aid
Legacies
Geneial Grants- Govt/Other
Memberships & Sponsorships
Total
4,472
600
4,472
600
11,125
201
7,000
7,000
57,150
12,072
12,072
68A76
Charitable Activities
Daily Trcketts
Season Tickets
Swim Vouchers
MeIchandise
Refre5hnient Sale5
Pool Hire & Sauna
tmming Lessons & Courses
Solar Panel Tairiff Inconie
Total
171,450
23,329
10,493
4,721
40,024
20,254
19,888
2,127
292,286
171,450
23,329
10,493
4,721
40,024
20,2
19,888
2,127
292,286
134,426
19,867
15,430
4,610
31,263
14,310
20,811
1,674
242,391
Other Trading Activitie5
Fundraising Activities
Interest Received
Total
3,711
2,653
6,364
3,711
2,653
6,364
3,743
1,803
Total Income
310,722
310,722
316,413
21

PETERSFIELD OPEN AIR SVI'IMMJNC. POOL - 2024 ACCOUNTS
NOTES TO THE ACCOUNfs FOR THE YEAR TO 31st DECEMBER 2024
Analysis of Receipts - Government Grants
2024
2023
Peter.sfield Town Counol
Perennial Grant
Petersfield Town Council
UCP Ukraine Grant
East Hampshire District Council
Councillor Grant
Hampshire County Council
Councillor Grant
South Down5 Authority
CIL Fund Grant
re Toilet & Changing Roorn Refurbishment Treated as a Restrictive
5,000
5,tx)o
1,500
500
IAOO
750
50,(XJO
7,0(Ml
57,150
This Year
The two Councillor grants
were used to part fund
the Portable Sauna in
September 2024. The
Last Year
Details of any unfulfilled conditions and
other contingencies attachiiig to grants that
have been recognised in income
prytcoininenced
OctnbeT 21 and is due fni
conipletitin in Mairh 24 Total
fuiid8awardrd amout to ￿.￿￿
Sauiia unit M'a5
sucessfully usea
throughout the trial Cool
Water season.
clainied retrospectively to niatih
project expenditure. At the year-
eiid accrned graiitittiome of
£AI.OW i% reported w'ith the Suili
E£21274 expenoled ttsdate. Thv
T￿nIa￿￿￿exP￿n￿iknI￿ ofEry7.726
be expended in thefirst le￿.
nionthsDf the 2024 year.
Detai]5 of any other form5 01 government
assistance from which the charity has benefited
Donated Goods, Facilities and Sevices
The value of some generously donated goods and setwices for maintenance aiid the
2023 toilet facility improvement project are not numerically included tn these accounts
but can be financially valued as follows..
2024
2023
Lloyd Moore - Maintenance of the pool undenvater lights
IL4K Ceramics- Sanitaryware and Tiles
Horne Engineering Ltd Showers - Disabled Sower Fittings
1,200
7,747
1,000
1,2(M)
8,747
A5 mentioned in the report fTOm the Chair, the trustees aTe extremely grateful for these
donations together with the support provided at the beginning and end of the season and
from time to time by a team of volunteers who support the operation and n￿IntenanCe of
the pool under direction of the trustees.

PETERSFIELD OPEN AIR SVI'IMMJNC. POOL - 2024 ACCOUNTS
NOTES TO THE ACCOUNfs FOR THE YEAR TO 31st DECEMBER 2024
Expenditure Schedule
Analysis
Unre$lritted Restritted/ Totol Fund$ Unrestricled
Funds Endowment
2024
Funds
Restrittedl Total Fund$
Endowment
2023
2024
Funds
2023
Fund5
Fundraising Expenditure
Staging Futidraising Ei'ents
977
300
300
Total Fundraising
Expenditure
300
Expenditure on Charitable Activities
Advertlsing & Markettng
Audit & Accountsncy
TrÈdSUTÈr FEÉS
3,973
870
12,888
7,895
11,748
475
2,114
3,973
870
12388
7,895
11,748
475
2,114
7J07
800
6,754
7,817
9,437
659
1.725
1.500
5,433
6J91
5,067
2/42
2,9]1
15,530
14,019
656
5,444
7J69
8,288
378
3,155
7,307
800
6.754
7.817
9,437
659
1.725
1.500
5.433
6,391
5,067
2,842
2,911
15,530
14,019
656
5,444
7,369
8,288
378
3,155
Teaching ￿l,￿ge5
Bank & Payment Fees
Licences
Cleanin8
Consulting
General Admin Expenses
Depreciation Expense
Loss on DIsp05al
Poolside Equipment
Merchandise
Refreshment Purchase5
1,978
6,297
1,978
6,297
6,091
1,976
23,239
15,783
6,091
1,976
23,239
15,783
Insurance
Interest Pdid
Electricity
Gas
Water Supply & Discliarge
Printing Stationery & Fixst Ai
IT Sofm'are & Consumables
Rates
ClIloTine & Cheniica]5
9,627
11,018
14,105
1,390
3,on
151
8,622
9,627
11,018
14,105
1,390
3,on
151
8,622
63,973
1,637
130,332
374
4*05
20,229
1,304
106,707
1*33
4,805
42,503
1,304
106,707
1,833
Repciirs, M£iilltenance & Projects 12,196
Waste Collection
51,777
22,274
1,637
130J32
374
Salaries & Pensions
Stalf Training & Unifortns
Total Expenditure on Charitable Attivities
287/50
51,777
339,627
248,503
22,274
270,777
Total Expenditure
288,827
51,777
340,604
248,803
22,274

PETERSFIELD OPEN AIR SVI'IMMJNC. POOL - 2024 ACCOUNTS
NOTES TO THE ACCOUNTS FOR THE YEAR TO 31st DECEMBER 2024
Det￿lS of Certain Types or Expenditure Fees For
Examination of the Accounts
2024
2023
Independeijt examinerfs fees
Assurance services other than independent examination
Tax advisory fees
Other fees (for example. financial advice, consultancy,
750
Other Professional Fees
No fees were paid during the year in respect of Legal advice Eor the charity.
Staff Costs
2024
2023
Salaries and wages
Social security costs
Pension costs {defined
Other eniployee benefits
129,227
105,724
1,105
983
Total Staff Costs
130,332
106,707
No employees received employee benefits (excluding employer pensions costs) for the
reporting period of more thali £60,000.
There is one Pool Manager employed 52 weeks of the year. All other staff are employed
by the Charity during the open season between April - October.
There was an average of 29 casual staff employed during the open season.
Defined Contribution Pension Scheme
2024
2023
Amount OE contributions recognised in the SOFA as an expense
1,105
983
1,105
24

PETERSFIELD OPEN AIR S￿,[MMINC. POOL - 2024 ACCOUNTS
NOTES TO THE ACCOUNfs FOR THE YEAR TO 31st DECEMBER 2024
io
Tangible Fixed Assets
Freehold
Land &
Buildings
PlanL
Machinerv &
Total
Vehicles
Cost or Valuation
b/fwd at 01.01.24
Additions
Revaluations
Disposals
363,762
74,142
437,904
c/fwd at 31.12.24
363.762
74.142
437.904
Depreciation and Impairnients
b/fwd at 01.01.24
Disposals
Depreciation Charge for the Year
11,174
11,174
6,297
6,297
c/fwd at 31.12.24
17371
17A71
Net Book Value
b/fwd at 01.01.24
363,762
62,968
426,730
c/fwd at 31.12.24
363.762
56.671
420,433
Fixed assets from the former {pre incorporation charity no 301917) were transferred
on 14 April 2022.
The Land and Butldings shown as a revalued asset were transferred to the new POASP
charity under a fonnal transfer agreement.
li
Stoek
2024
2023
Charitable ActLVlties
Opening Stock
Added in the Year
Expended in the Year
Itnpaired
1,439
3,134
2,057
-618
C105ing Balance
4.573
1.439
Stock held relates to pool chernicals, cleaning products, hygiene consumables,
refreshment products and pool retail products.

PETERSFIELD OPEN AIR SVI'IMMJNC. POOL - 2024 ACCOUNTS
NOTES TO THE ACCOUNfs FOR THE YEAR TO 31st DECEMBER 2024
12
Debtors
2024
2023
Trade Debtors
Prepayments and Accrued Income
Other Debtors
1,212
4,473
50,401
2,416
2,600
Closing Balance
5,016
56,086
13
Creditors and Accruals
Amotsnts falltn8 due within Amounts fallxng due after
one year
more than one yÈar
2024
2023
2024
2023
Bank Loan and Overdrafts
Trade Creditors
Accruals and Deferred Income
3,391
24,241
5,306
16,236
Total
27.632
21542
14
Bank and Loan Balances
The bank balances reported are represented by accounts held at Nat w"e5t Bank plc.
No bank loan balances are helcl by the charity.
15
Conunitments
There are no other outstanding commithents or contingent assets or liabilities
at the year.
26

PETERSFIELD OPEN AIR SVI'IMMJNC. POOL - 2024 ACCOUNTS
NOTES TO THE ACCOUNfs FOR THE YEAR TO 31st DECEMBER 2024
16
Cash at Bank
2024
Cash at Bank
229,172
198,731
229.172
198.731
17
Transactions with Trnstees and Related Parties
None of the twstees have been paid any remuneration or received any other beneEits
from a relationship with the Lharity.
18
Analysis of Net Assets
Balance Sheet Heading
Unrestsicted
Funds
Restricted
Funds
Endow'ment
Funds
Total
Tangible Fixed A55ets
Land and Buildings
Current Assets
Current Liabilities
Long Term Liabilities
Total
56,671
56,671
363,762
238,761
127,6321
363,762
238,761
(27,6321
267,800
363,762
631,562
19
Taxation Note
The charity is exempt from tax on income and gains falliiig within section 505 OE the
Taxes ALt 1988 or section 252 of the T￿ation of Chargeable Gains Act 1992 to the
extent that these are applied to its charitable otyectives.
27