Eu]&llGrS.o￿pproVed by TruSteGu￿￿maY 202fi
PETERSFIELD OPEN AIR
SWIMMING POOL
Report and Financial Statements
For The Year To 31st December
2025
Charity number 1195755
lersfield
ool.or
Petersfield Open Air Swimming Pool is a Charitable tncorporated Organisation. Reg Charity No. 1195755

PETERSFIELD OPENAIR SWIMMING
POOL
ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR TO 31 DECEMBER 2025
Annual Report Index
3 - 4. Charity Information
5-16. Trustees, Annual Report
17.
Independent Examiner's Report
18.
Statement of Financial Activities
19.
Balance Sheet
20-28. Notes to the Accounts

Charlty Information
Charity number..
Principal Office:
1195755
Heath Road, Petersfield, Hampshire GU314DZ
Our advisers
Independent Examiner
Gordon Beer MA (Cantab) FCA
CRB Chartered Accountant
4 ChilgTove House, Marden Way, Petersfield, Hampshire GU314PU
Bankers
Nat West Bank plc
4 High Street, Petersfield, Hampshire, GU32 3IF
Trustees who served during the year and to the date of this approval were as follows:
Name
ointed
Resi
Nominatin
Bod
Jo Chittenden
Linda Knutsen
12Ma
2025
Effective 01 Jan 2022 '
14 Nov 2023
30Se
t 2025
ert Kirb
David Robbins
Effective 01 Jan 2022.
13Au
2024
Simon Russell
Nicci She
herd
11 Nov 2024
Sheila S
ence
Effective 01 Jan 2022"
11 Nov 2024
13 Jul 2025
Piers Stor
Mei-yun Valdivia
I'onions Ichairl
Sall Williams
11 Nov 2024
12 Ma 2025
Trustees ' who also acted
r the old ( re CIO) chari
ure shown in
oste
OMOI
un 2022
Principal Officers
Pool Manager..
Assistant Pool Manager:
Tom Callingham
Edume tasquibar
Treasurer:
Patsy Fernandez

I)ILY5 ftOTy
ML'i-vun Valdiva a I'ojuvnb
Petersfield
Open Air
Swimming
Pool
Trustee and
Staff Team
rom Callin%ham
IclurnL' Li%iuiLkir

Petersfield Open Air Swimming Pool
Report of the trustees for the year to 31 December 2025
The trustees are pleased to present their annual report together with the financial
statements of the charity and for the period ending 31 December 2025. This bein8 the
fourth year as a Charitable IncoryoTated Organisation (CIO). The trustees have
adopted the provisions of the Statement of Recomrnended Practice (SORPI..
Accounting and Reporting by Charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland and
(FRS 102) issued on 14 July 2014 and the Charities Act 2011.
Chair's Report
We have had a really encouraging year at the Petersfield Open Air Swimming Pool, driven by
both good weather and the strong focus of the operational team and trustees. We continue to
listen to C115toiner5, check our data trends and grow our programme. OUT continued focus on
providing inclusive, imovative and community driven swim events has helped to grow a loyal
and enthusiastic customer base. Customer feedback was positive and confirmed that our offering
continues to provide an oasis for family fun, learnin& fitness and wellbeing.
Of course a good season would not have been possible without another year of tireless dedication
of our pool staff, trustees, volunteer5 and donations from local govemment, businesses and
individuals. L would like to acknowledge some of the people and organisations whose
contributions made a real impact in 2025.
Tom Callingham, Edurne La5quibar and Patsy Fernandez for their tireless and
positive dedication as our staff officers. Supported by our valued, dedicated and
kind family of lifeguards.
The wonderful volunteers who help us with everything froni making teas and
coffees to sweeping the decks, helping with repairs and so much more, thank
you.
To our loyal supporters who have donated to our charitlT With both snialler and
50nietime5 more significant donations, without this Support we would not be
able to grow our offering and give back more to our community
EFIDC and HCC Councillors for their councillor grant contributions towards
inclusive swims and equipnient
Chris Gorman from Big Ladder Photographv for once again taking some
amazing ima8es of the pool and supporting our marketins efforts as well as
managing to get them published in national publications.
The trustee teani who volunteer enornious amounts of passion, skills and tinie
into safeguarding the'gem of Petersfield"
In 2025 the trustee team grew in depth as we focused more on how to solidify our community base
and grow this cherished local facility for the future. Sheila Spence stepped down as both Chair
and a Trustee having guided the pool through redevelopnient work5 and laying the foundation for
the revitalised management team. Her deep knowledge on the operations of the pool, historical
decision making and trusted guidance will be missed. We would like to acknowledge the
unfaltering time, eEfort and care she put in to developing and improving the pool facilities and the

stsble state in which She was able to hand it over in. Mei-yun Valdivia a I'onions has since taken
on the role of chaiT for the year.
We welcomed Jo Chittenden and Sally Williams as new trustees who bring sKEcialist sktlls and
passion for the pool to focus more directty on community engagement and fundraising
respectively. Siwe the year end Piers Story ha5 Stepped down as a trtsstee havins worked with the
operatiorts team on setting up maintenance Plat￿ and implementing many necessary on-site
works. Nica Shepperd has also recently made a strate￿C move from a trustee to operational
team member. heading up the rnarketing and al￿tal functions.
A heartfelt thank you musi be &ven to OUT loyal pool community who eontinue to both enjoy and
support the pool and help it to flourÉ5h. We are hU￿bled by the word8 ofappreciation, grateful for
the ideas and suggestions. warmed by the many personal conversation and inleractions and we
continue to strive to do our best to keep it as an oasis for the whole community.
l arn honiM]Ted to have been the chair this year and to be working with
knowledgeable and lovely team of custodians.
dicated.
Mei-yun Valdivia a I'Onions- Chair of the Trnstees
History, Purpose and AetivitieB
The fornier charity known as Peter5field OE*n Air Pool (No:301914 was created on 31
July 1961 with a Deed of trn5t by PeteT5Eield Urban DAstrict Council who thereby made
the land available at Heath Road, PetersfAeld, HamFthire, GU31 4DZ. On I,, January
2022 the assets and liabilities of the fornier charity were transferred to a new Charitable
Incorporated Organisation known as Petersfidd O￿n Air Swillu￿g PTh)I created on 8
ptember 2021 wilh the new clwity no of 1195755.
The obj'ective5 of the Petersfield Open Air SWin￿g P(K)l are ID promote community
participation in healthy recreation by Ihe provision and maintenance of a swimming
pool for the benefit of the inhabitants of PeteTsfield and the surrounding area for the
Purposes of providing leisure swimmin& training Eaalities, lessons. course5 and
a550ciated facilities for l(tal individuals, schools and organisations.
Achievenients and Perforn￿￿e
Following two poor sununers in 2011 and 2024 the 2025 weather was generally very good
with the Met Offitr Conf￿mIng that it was one of the wartnest on record. This Lxy)sted
peak season attendan￿S and gave our pwl comtnunity a gcKJd number of blue sky days.
The straff team continued to roll-out and develop new initiatsves and events which hel
to attract new SwiMn￿rS ￿ the FKx>I and contributed to the recording of over 56.820 pool
visits of swimmers, spectators and event suests dwing the whole season.
These initiatives were fa(ylitated with a new online I￿king System and excellent
marketing all of course deIivered by the great POASP team of staff, volunteers and
trustees.

The 2025 season effectively started on 14 April with two weeks of Cool Water swimming
prior to the HeateLI Season commencing on 26 April. This ran through to 26 September
when our Cool Water sessions resumed with the pool temperature at 18 deg C and the
Porta-sauna in use through to 4 Jan 2026.
This last period of the year included the 2025 X￿￿S period with heated pool {to 26 des C)
sessions over the festive period which proved very popular and plarniing is in progress
for'2026 Christmas at the Pool,.
Various Membership categories were introduced in 2025 in addition to x 10 and x 5 swim
tickets to attract swimmers and offer pricing options to reward frequent pool visits. The
uptake of these through our booking system together with numbers of pool visitors was
as follows during the year..
POASP Tables of 2025 Swirn
and Visitor Numbers and
Memberships & Passes
I urcliabed
15.949
15AIi
4250
022
177B
IO60
Cwl WaletLatte
PoolEv•Ji
l)llck DJ
ivateHire5
Prtslwt Name
2025 Nos Sdd
176
125
10 Sw"m Pa5S
S Water Swir Pa$s
Ambassador Membershi
E* Biyd Healed Sea$on
Ikaled Season Mem￿r$h.
Fe51Ne 5 Swm Pass
0￿Peak 10 Swim Pass
2025 To
- U Ambassador
20da
a55
5 Sauna Pa55
Cool Water Mernbet5Fi
S•Jna Membershi
tthtJatablE
1024
2WTviiilv
Fe5tsveCeneTais￿ry[￿5
721
629
L>th¢ThT202é % 4DS%
51
37
37
31
27
26
23
21
11
s￿7￿ Batr
5wimLe55)n5. Private
40.451
fdwthLtsT2021- 7.791
tatOf5
i57
i29
522
402
394
291
?2?
uaFJt
CoDISYalerQuick
Under),5
GthtttIttfiatablt & Hotc1￿¢013te
Otherkliwlknion5
IWTM
Thdfills

Highlishts, Trends and Chanses
The pool was open forthe longestperiod ever in 2025 with 38 weeks of continuous use.
The above total of 56,820 swim visits for the year represents significant growth year on
yearof+40%.
Adoption and use of Ticketsolve as our new online booking system provider with
flexibility to offer various Membership and Season Ticket options with dynamic links for
customer comms and marketing.
MEMBERSHIP
BENEFITS
oy
SP Swim ¢u
The new Membership Category swimmers were welcomed to the pool and our
Ambassadors were given swim caps and discounted sessions amongst other benefits.
Partnership with'Little Salmon'_ a qualitylocal street food vendor- for our Swim &
Sushi evening events.
SWIM&S
Development of the 2024 introduced sessions including swim club for adults, technique
improvement sessions and the very popular serene sound bath sessions.
Continued use of the Porta Sauna introduced in 2024 with growing use during the Cool
Water sessions
Indeed, the sauna continued to be a key element of the Cool Water Season programme
and has successfully complimented the swim sessions.
Overthe yearthere were 2050 sessions [growth of+60%) in the Octoberto December
period.

FITNESS A
ILfG
swi
Six local community schools scheduled group swimming lessonslsessions with
approximately 1,950 total swims. A further 600 swims were recorded for private
lessons.
The poolside team enjoyed providing a safe facility and great customer service with
many OE the pool attendants returning for their second or third season.
Excellent pool safety, staff moral and efficiency across the extended season with a strong
customer care focus.
HALLOWEEN
SPOOKY SWIM
CHRisfMAg
LIGHTS SWIM
. NAL DIVE
25
Fr*Ji (%*bw
7*.9.1
Refreshment income at the Dive Thru Café, was £43,437 representing sales growth of
Our website
etersfield
ol.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 Instagram posts were regularly used to promote pool activities, special
events and for communication purpose5 with growth in numbers of follower5.
A number of the social media posts used to promote the 2025 pool activities and events
are included above and below to illustrate the variety of use and the consistency of
presentation.

TEOR
, 25¥AA oro
7a(￿n. 9
O Clwislmas AT THE POOL
BOOK HERE
Open every morning
Fomily swims, feslive events
Sauna open
pi ChrishTris
. Waler heated to 26°C
• Mulled wine, mince pies & more
• Diving board open
FESTIVE FUN FOR ALL AGES, MAKE MERRY MEMORIES WITH YOUR LOVED ONES
10

.*r
With thanks to Chris Gorman for his support which gained national press coverage on several occasions
www.bi
ladder.co.uk

FAnancAal RevAew
This report covers the fourth year of trading for POASP as a CIO with a calendar year
financial period and full comparative figures from 2024. Given the trading performance
of the charity the following obsetvations have been noted and discussed by the Trustees.
Trading Results and Budget
The overall revenue (unrestricted reserve) position shows a satisfactor! surplus of
11.9k which was above the bTeak-even budget set albeit largely derived throu￿]
increased net income across the various headings reported less some advetse
expenditure headings as explained below.
The table below compares trading income over three years and indicates positive
growth in memberships (introduced in 2025), season tickets and COTe swimming
session income with again an irnportant contribution from the Cool Water season.
The table ￿loW illustrcltes the growth of total trading income over the last two years
which is a material change and is matched with sryowth of our customer base and
refreshment sales.
Ti*dlnz In¢om• H•adln8s Analysls
Daily Tickets
Season Tickets
Swim Vouchers
Merchandise
RÈfrÈshmènt Salès
2025
2025
2024
2024
2023
2023
206,414
4S,523
18,761
4,968
43,437
23,017
23,673
883
369.676
77,390
56%
13Y.
171,451
23.329
10,493
4,721
40,024
20,254
19,888
2,127
7%
291286
100%
49,894 20.6%
59%
8%
134,426
19,867
15,430
4,610
31,263
14,310
20,812
1,074
241392
38,218
55Y•
8P/
2Yo
14%
7%
2Y•
13%
6%
9%
Pool Hire & Sauna
Swimming Lessons and Courses
6Dlai Panel Taiiff Income
6%
6/.
loo%
26.5%
Year on Year Change
18. 7%
POASP Charitable Activity
Income Sources 2025
Daity Tickets
. Season Tickets
0%
Swim VixJther5
12%
. Merth￿dISe
Refresh￿￿nI Sale5
56%
Pod Hire & SauTh
13%
Swimmin8 lessons and Courses
Solar Panel Tarifl Income
12

The unrestricted expenditrure headings have increased from £288,827 in 2024 to £385,755 in
2025 which represents a +33.5'A change. A longer season with higher utility and running
costs, and srowth in staff costs (including a full year with our Assistant Manaser in post) are
the main factors here.
b. Sensitivity of Trading Performance
The sensitivity of swimming activity and thus the trading perforniance to weather
conditions and its seasonal profile are factors that the Trustees routinely monitor, and the
2025 weekly income profile was more consistent than 2024 given a good season of summer
weather. This trend was tracked with data from the booking system and was a factor in the
continued development of new and varied events and activities to try and boost and sustain
the season income levels. The extension of the season at both ends of the summer into Cool
Water Swimming was Succ￿sful followins the 2024 trial.
A christn￿5 season over the two weeks up to 4 Jan 2026 with the pool heated to 26 deg C
was a sreat success and will be planned for repeat in 2026. Extension of the Cool Water
season has already taken place and will run in 2026 from February to April paving the way
for 12 months of opening. It is planned that future seasons will cornprise seven months of
Cool Water swimmins and five months of heated season activity. Membership and Pass
prices have been reviewed accordingly and reflect the frequency of swim use that our
rnembers recorded in 2025 with analysis of data from our booking systern.
c.Other Income (grants & donatAons)
As detailed in the financial accounts notes 3 and 4 our income from donations, grants and
legacies has increased significantly and we are very grateful to all who have donated funds.
This includes donations made at the time of swim session bookins via our online booking
system. Donations also include monies received from the East Hampshire Community
Lottery which POASO joined during the year. Grant funds of £8,262 were received as shown
in note 4 with £6,250 being project specific and therefore shown as Restricted.
Three generous lesacy sums amountins to £24,200 are shown as Restricted Income as they
are earmarked as contributions to site capital expenditure planned for 2026 as discussed and
agreed with the legacy donor families.
Given the sensitivity of core trading performance, it is recognised that growth in these
headings will further help to fund any significant site and facility improvements whilst
securing the reserve funding policy position.
d.Staff Costs
Total employed staff costs & pensions of £178,8411£130,332} are reported representing 46.3 1
of total unrestricted expenditure and included full year costs for our Pool Manager and
A5SlStant Manager posts. A seasonal staEf bonus of 4% to the pool seasonal staEf at the end of
the heated season. The efficiency of staff rotas and allocations is key to the operational
planning for the season. Notwithstanding this factor the requisite safe staffins ratios remain
an essential priority in the planning of staffing schedules.
e.Bank and Loan Balance
At the year-end a total bank balance of £282,332 is reported comprising two separate current
accounts, a savings account and a 90 day term deposit account which are used for
operational and fundra￿ing purposes. Given the sensitivity of core tradins perfOr￿￿nCe, the
longer trading season and associated growth in sales, it is recosmised that growth in the cash
13

balance will help to fund site and facility improvements, facilitate the seasonal cashfiow of
the pool businesq and also secure the reserve funding policy position necessary for business
continuity and planning.
f.2026 Season Planning Budget
Given the plan for 12 months of swimming a prudent revenue budget for 2026 has again
been set with an objective of breaking even as a minimum which is accepted as justified for
specific operational pury)oses re staffing needs despite being below the target of a 10 lo net
surplus to total income ratio. It is also noted that in the current economic climate cost
sensitivities of operational, n￿IntenanCe and utility expenditUTe in addition to the need for
an efficient season timetable are all key to the setting of ticket and session prices.
A key thread of plarniing for a twelve-month season including Spring and Autumn Cool
Water sessions will be the approach taken to incentivising the purchase of customer
memberships and frequent swim passes which are transacted via the booking system. Pool
sessions and events booked via the booking system enable subsequent customer comms and
n￿rketIng to ￿Cllr which turnstile pay as you go sessions do not. Our booking system
n￿nageS the data-PTOtection aspects and enables cross selling of other products including
rnemberships, passes, donations and events all of which are essential to the generation of
income to cover costs arising from the lonser season.
Following the successful introduction of the portable sauna in 2024 the provision of a
permanent sauna facility is now planned for 2026 subject to plannin& a final fundins plan
and confirmed project budget.
Reserves Policy
Unrestricted funds (being reserves not represented by fixed assets} are needed to provide
funds which can be designated to specific projects to enable these projects to be undertaken
at short notice and to cover planned administration, fund raising and support costs without
which the charity could not function including those arising during the period when the
pool is closed. The trnstees consider it prndenl that the unrestricted reserves level should be
qufficient to cover 4 months of staff wases (salaried staff, excluding overtime), 6 months of
operations and maintenance (establishment costs), 3 months of administration costs and as a
contingency for major maintenance works and unforeseen risk expenditure based on 20°A of
budseted total income.
Given these criteria the level has been revised to £185,LX)O and this is monitored and
reviewed by the trustees on a regular basis.
Plans for the Future
The current Business Development Plan for the pool has a 5 year focus i.e. 2024 - 2029 plus
reference to the long-terni position arising from an internal SWOT analysis, customer
feedback and comparative/marketplace analvsis. The executive summary of the plan is set
out below together with 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 customers, offering multiple activities and well-maintained
14

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 3 5-year roadmap of activity which aligns with our
mission, vision and values and 15 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 5-year action plan to deliver the various objectives and
ambitions set out in this business plan.
Progress on the business plan will be reported annually, including within the Annual
Report.
Action Plan- 2025 Progress Status Update
Develop community, educational & corporate partnerships
In progress
Growth in sauna usage on site with planning for a permanent facility ¢ In progress
Explore site and local signage improvements for pool accessibility e In progress
Develop a strategic marketing plan
¢ Update In progress
Develop a rolling 10 year maintenance plan
¢ Update In progress
Update and review the Governance plan
Q In progress
Consider a change in the trading known name to Petersfield Lido
Q In progress
Develop new booking systems for business efficiency including re
In progress
Memberships and on site refreshment sales
Structure, Governanee and Managenient
Governing Document and Organisation
Petersfield Open Air Swimming Pool is a Charitable Incorporated Organisation
ICJOI govemed by its constitution dated 14 Dec 2021. The charity has the power to
borrow funds, lease equipment, dispose of property, employ & remunerate staff
and to deposit or invest funds with all its powers subject to the relevant Charities
Act 2011 provisions.
Appointment of trustees
The CIO constitution provides for a minimum of five and a maximum of eight trustees
with a provision that the majority reside in the Petersfield Area of charity benefit. All
trustees of the charity are appointed for a three-year term following a suitable resolution
being passed at a formal meeting. Petersfield Town Council are an'Appointing Body, so
may nominate one trustee for appointment.
15

Trustee induction and training
New trustees will receive (before appointment) the following information..
A copy of the current version of the charity constitution
b. A copy of the POASP CIO'S latest TTUStees' Annual Report and statement of
accounts.
Other eLements of new trustee induction will include..
A visit to the pool site to meet fellow trustees and the pool manaseT.
d. A briefing covering the pool history, governance atTangements, actlVLty program,
budgetary position and development plans. This will be undertaken by the Chair or
other trustees as appropriate.
Risk management
The trustees have a risk management strategy which comprises..
an annual review of the risks the charity,.
the establishment of systems and procedures to mitigate those risks identified in
the plan,. and
the irnplementstion of procedures designed to minimise any potential
impact on the charity should those risits materialise.
This work has identified that financial sustainability is the major long-terni
financial risk for the charity. A key element in the management of financial rtsk is
via a regular review of the reserves policy.
Trnstees, responsibilitAes in relatAon to the fAnancial statements
The charity trustees are responsible for preparing a trustees, annual report and
financial statements in accordance with applicable law and United Kingdom
Accounting Stsndards {United Kingdom Generally Accepted Accounting Practice).
Company law and the law applicable to charities in England and Wales Tequires the
charity trustees to prepare financial statements for each year which give a trne and
fair view of the state of affairs of the charitable company and the sroup and of the
incoming resources and application of resources, including the income and
expenditure, of the charitable group for that period. In preparing the financial
staternents, the trustees are required to:
select suitable accountins policies and then apply them consistently,. observe
the methods and principles in the Charities SORP,.
make judgements and estimates that are reasonable and prudent.
state whether applicable accounting standards have been followed,
subject to any material departures disclosed and explained in the
financial statement5.
prepare the financial statements on the going eoncern basis unless it is
inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with
reasonable accuracy at any time the financial position of the charity and to enable
them to ensure that the financial statements comply with the Companies Act 1985,
the Charities Act 1993, the Charity {Accounts and Reports} Regulations 2008 and the
provisions of the trust deed. They are also responsible for safeguarding the assets of
the charity and hence takins reasonable steps for the prevention and detection of
fraud and other irregularities.
16

PETERSFIELD OPEN AIR SWIMMING POOL
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
ON THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025
I report to the trustees on my examtnation of the accounts of Petersfield Open Air Swinmiing
Pool for the year ended 31 December 2025.
Re$pon$ibilities and BYdSiS 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 r¢port in respect of my examination of thc Charity's accounts carricd out undcr sc¢tion 145
of the 201 l Acl and in carrying out my examination I have followed the applicabl¢ Directions
given by the Charity Commission under Section 145(5)b of the 2011 Acl.
IndependeDt Examiner's Statement
I have completed my examination.I confirni that no material matters have come to my
attentkon in connection with the examination giving me cause to believe that in any material
respect-.
l.accounting records were not kept in respect of the Charity &$ required by section 130 of the
Act; or
2 the accounts do not accord with those records; or
3.the accounts do not comply with the applicabl¢ requirements concerning the form and
content of accounts set out in the Charities (Accounts and Reports) ReRulations 2008 other
than any requirement that the accounts give a 'true and fair view" which is not a matter
considered as part of an independent examination
I have no concerns and have come across no other matters in connection with the
examination to which attention should be drawn in this report in order to enable a PTop¢r
undcr5tanding of thc accounts to be rca¥li¢d.
G R Beer MA (Cantab) FCA
Chartered Accounlant
4,Chilgrove House, Marden Way
Petersfield. Hampshire GU314PU
I I".May 2026
17

PETERSFIELD OPEN AIR SWIMMING POOL- 2025 ACCOUNTS
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2025
Total
Funds
2025
Prior Year
Funds
2024
Unre9tricted
Funds
Re9tricted Endowment
Funds
Funds
INCOMING RESOURCES
Not
Income
Income and Endowments from
Dc)nations and Lesacies
Charitable Activitie_%
Other TTading Activities
16,378
369,676
13,581
30,4
46,828
369,676
13,581
12,072
292,286
6,364
Total
399,635
30,4
430W85
310,722
RESOURCES EXPENDED
Expenditure on
Raisiiig Funds
Cliaritable Activitie5
372
387,383
372
387,383
977
339627
Total
387,755
387,755
340,604
Net Surplus
11,880
30,450
42,330
1291821
Transfer Between Funds
Net Movement in Funds
11,880
30,450
42,330
129,8821
ReconcAliation of Funds
Total Funds b/fwd at 01 January 2025
267,800
363,762
631.562
661A44
Total Funds c/fwd at 31 December 2025
279.680
30.450
363,762
673.892
631,562
The notes on pages 19- 27 form part of these accounts.
18

prTF.Rf fTr.i.r) riprN .ITf< qllrylllfrN c, pr)nT.
CCC)L'ST8
BALANCE SHEET AT 31st DECEMBER 2015
unrestr1c￿d Restricted Endowment
Fund5
Fwids
Funds
Trtal
Total
Nolt
Fixed ABsets
Tangible Assets
io
51,(M)4
,762
414,766
411,433
Totsl Fiyd Assets
51,(K)4
3.762
414766
Swks
Debto
Cash at Bar4k and In Hand
li
12
16
4.573
5,In6
229,172
1778
281349
Total Curent A55ets
258,240
30A
238,761
Current Liabilities
CredttuTh du¥ within VTLe y&
13
29,564
29J64
27￿32
Net Current Asaets
228.676
30,4X)
iJ29
Total Net A8•et&
279,680
363.762
673A92
631562
Fund6 ofthe ch￿￿ty
Endowmenl Fund&
Restrirted Funds
Unrestricted Fund8
19
19
19
3&3,762
8,762
30,49)
279,680 267I
363.762
279,(Al
Total Funds
279,660
.&50
363.762
673,892
631J62
The chaTity was entitled to exemption from audit under s477 of the Companies Act 2(M)6 Telating to small compa
The trustees have not T￿￿]rea the company to obtain an audit in accordance with section 476 of the Companies
Act 20(Kp.
The trustees acknowledge their responsibility for comptying with the Tequirements of the Companies Act with
respect to accounting records and the PTeparation of accounts.
These accounts have been prepared in accordance with the provision5 applicable to $ll￿ll companies subiKt to
the small companies regime and Tll accoTdance with FILS102 ￿RP.
sig1￿d by D T Robbins on ￿half of all the trustee5 .'
D T Robbins
Date of approval..
I&May-26
19

PETERSFIELD OPEN AIR SWIMMING POOL- 2025 ACCOUNTS
NOTES TO THE ACCOUNTS FOR THE YEAR TO 31st DECEMBER 2025
ACCOUNTING POLICIES
a) Basis of Preparation
These accounts have been prepared under the historical cost convention with iteins reco8nised at cost
or transaction value unless otherwise statea in the relevant notels) to these accounts.
The accounts have been prepared in accordance with the Statement of Recommended Practice..
Accuunting and Reporting by Charities preparing their accuunts. in accDrdance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and
with the Charities 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 trustees con5ideT that there are no material uncertainties about the charity's ability to continue as a
80in8 concern.
c) Incoming Resources
All income and donations are accounted for when received by the charity. Grants are accounted for
wlien the charity has entLtlement to the funds, certainty of receipt and the amount is measurable.
d) Donated Services and Facilities
Donated services OT facilitieb are included in incorning Tebourceb when the benefit to the charity is
reasonably quantifiable and measurable. They are valued by the trustees at the atnount the charity
would have been willing to pay for the Services or facilities on the open market.
e) Fund Accounting
ENdot4lF71eiilfviid.% are funds, the capital of which must be maintained- only income arising frotm
investment of endowmei)t may be used eitlier as restiicted or unrestricted funds depending upon the
purpose Eor which the endowment was established.
Restrictedfvnds represent {a) income from trusts or endowments which May be expended only on those
restricted objects provided in the terms of the trusty or bequest, and Ibl donations or grants received
for a specific object or invited by the Petersfield Open Air Swimming Pool.
Unreslrictcdfvnds are available to use to further any of the purposes OE the charity.
0 Resources Expended
All re50urce5 expended are recognised when Incu￿ed. Any grants or donations expended are
accounted for once awardeLI anLI there is a legal or constructive obligation on the charity.
20

PETERSFIELD OPEN AIR SWIMMING POOL- 2025 ACCOUNTS
NOTES TO THE ACCOUNTS FOR THE YEAR TO 31st DECEMBER 2025
g) Tangible Fixed Assets
The Freehold Property being The Open Air Swimming Pool in Heath Road. Petersfield and adjoining
land is pending formal registration with the Land Registry haN ing been transferred 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 Shcet and haq i￿en valued by the Trustees in these accounts
at its insurance value as no independent valuation was available.
The Trustee5 consider that as Tlie Feter5field Open Air Swimming Pool and adjoining land ha5 a high
residual value there is no need to charge depreciation on it in the STear. This position will be reviewed at
each year end in Euture.
Individual fixed assets costing £3,OiW or more are capitali8ed at cost and are depreciated on a reducing
balance basis of IOYO as disclosed in note 11.
h) Stock
Stock is included at the lower of cost or net realisable value.
i) Pension5
The charity has registered with NEST and eligible employees are auto enrolled as per pension
regulations. The Scherne is a defined contribution scheme with the costs equal to the ci)ntributions
made for the accounting period. The charity's contributions are shown in Note 10.
j) Offsetting
There has been no offsetting of assets and liabilities, or income and expenses, unless required or
permitted by the FRS 102 SORP QT FRD 102.
k) Government Grants
The charity has received sovemment srants in the reportins period, these are included in note 4.
l) Tax Reclaims on Donations and Gifts
Aid amount recovered on a donation is considered to be part of that sift and is treated as an addition to
the sanie fund as the Initi￿ donation unless the donor or the tenn5 of the appeal have specified
otherwise.
rn) Volunteer Help
The value of any voluntary help received is not included in the accounts but is descriiEd in the
trustees, ¢imual report.
n) Redundancy Payments
The charity nude no redundancy payments during the reporting period.
o) Deferred Ineome
No material item of deferred income has been included in the accounts.
p) Creditor5
The charity hab creditors which are measured at settlement amounts less any trade dibcounts.
21

PETERSFIELD OPEN AIR SWIMMING POOL- 2025 ACCOUNTS
NOTES TO THE ACCOUNTS FOR THE YEAR TO 31st DECEMBER 2025
Legal Status of the Charity
Petersfteld Open Air Swimming Pool is a Ch&itable Incorporated Organisation ICIOI
governed by it5 constikntion dated 14 Deceniber 2021. The Charit! has the power to borrow
funds, lease equipment, dispose of property, employ and reniunerate staff and to dep051t or
invest funds MTlth all its pom'ers subject to the relevant Charitie5 Act 2011 provisions. If the
POASP CIO is wound up, the members of the POASP CIO havc no liability to contribute to
its assets and no pcrsonal responsibility for settling its debts and liabilities
Schedule of Income
Unrestricted Restritted Endowment
Total Funds Prior Yeat
Funds
Funds
Funds
Donations & Legacies
Donations & Gifts
Gift Aid
Legacies
Ceneral Crants - Govt/Other
MeM￿r$hipS & Sponsorships
Total
10,582
761
10,582
761
24,200
8,262
3,023
46,828
4,472
600
24,2(X)
6,250
2,012
3,023
16J78
7,000
30850
12,072
Charitable Activities
Daily Ticketts
Season Tickets
Swim Vouchers
Merchandise
Refreshment Sales
Pool Hire & Sauna
Swininiing Lessons & Courses
Solar Panel Taniff Inconie
Total
206,414
48,523
18,761
4,968
43,437
23,017
23,673
883
369,676
206,414
48,>23
18,761
4,968
43,437
23,017
23,673
883
369,676
171,450
23,329
10,493
4,721
40,024
20,254
19,888
2,127
292.286
Other Trading Activities
Fundraising Activitie5
Interest I£eceived
Booking Charge Incomes
Total
864
3,287
9,430
13,581
864
3,287
9,430
13581
3,711
2,653
6,364
Total Income
399,635
30,45
430,085
310,722
22

PETERSFIELD OPEN AIR SWIMMING POOL- 2025 ACCOUNTS
NOTES TO THE ACCOUNTS FOR THE YEAR TO 31st DECEMBER 2025
. Analysis of Receipts - Government Grants
2025
2024
Petersfield Town Council
ESC Lottery Fund- Sport Ensland
East Hampshire District Council
Hampshire County Counca
East Hampshire District Council
Perennial Grant
Project Grant"
Councillor Grant
Councillor Grant
Councillor Grant '
TrefileLI fif ll Rislrictive
2.012
4,750
5,000
1,5
5tKI
1,500
8262
This Year
Last Year
Details of any unfulfilled conditions and
other contingencies attaching to grants that
have been Tecognised in income
The two grants treated as
restrictive were funding
for for inclusive swim
sessions for low-income
families, older people,
and unpaid carers. The
sessions will run for six
weeks in spring 2026.
The two Councillor
sraiits were used to part
fund the Portable Sauna
in September 2024. The
Sauna unit was
sucessfully used
throughout the trial
Cool Water season.
b. Legacy Donations
Three legacy sums were
received during the
year amointing to
£24,200 and will be used
for site capital
expenditure purposes
Donated Goods, Facilities and Sevices
The value of some generously donated soods and services for maintenance and improvementg
are not nunierically included in th£se accounts but can be financially valued as follows..
2025
2024
Lloyd Moore- Maintenance of the pool underwater lights
600
1,2(Kl
600
1,200
The trustees are extremely grateful for this donation of time and expertise
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 maintenance of
the pool under direction of the trustees.
23

PETERSFIELD OPEN AIR SWIMMING POOL- 2025 ACCOUNTS
NOTES TO THE ACCOUNTS FOR THE YEAR TO 31st DECEMBER 2025
Expenditure Schedule
Analysis
Unrestritted Re$tritted/
Funds
Endowment
2025
Funds
Total Fund$
Urtrestri¢ted
Funds
2024
Restritted/
Endowment
unds
Total Funds
2025
2024
Expenditure on Charitable Activities
Staff, Teachins &
Training
203,876
203,876
151,489
151,489
Pool Supplies
27.381
27.3SI
14,n3
14,713
Refreshment Purchases
25.055
25,055
23,239
23,239
Merchandise
1,976
1,976
Utilities
47,523
47,523
34,750
34,750
Repairs, Maintenance &
Services
25,394
25,394
15,947
15,947
Conununications &
Marketing
4,839
4,839
3,973
3,973
Administrative Costs
48,646
48,646
41,763
41,763
Fundraising Expenses
372
372
977
977
Project Expenditure
1,625
1,625
51,T77
51,777
Total Expenditure on Charitable Activities
387,755
387,755
288,827
51,777
340,604
24

PETERSFIELD OPEN AIR SWIMMING POOL- 2025 ACCOUNTS
NOTES TO THE Accouwfs FOR THE YEAR TO 31st DECEMBER 2025
Details of Certain Types or ExpendAture Fees For
Examination of the Accounts
2025
2024
Independent examiner's fees
Assurance Services Other than independent exarnination
Tax adviso￿ fees
Other fees {Eor example.. financial advice, consultancy,
800
Other Profe55ional Fees
tE8al Fees
HR Support
825
1,512
Staff Costs
2025
2024
Salaries and wages
Social security costs
Pension costs (defined contribution
Othcr employee bcnefits
175,440
1,714
1,687
129,227
1,105
Total Staff Costs
I76￿41
130,332
No employees received employee bendits (excluding employer pensions costs) for the
reporting period of more than £60,000.
Our Pool Manager and Assistant Manager are employed 52 weeks of the year. All other staff we"
by the Charity during the open season between April and December.
There was an average of 11 casual stsff employed during the open season in 2025.
Defined Contribution Pension Scheme
2025
2024
Amount of contributions recognised in the SOFA as an expense
1,687
1,105
1,687
1,105

PETERSFIELD OPEN AIR SWIMMING POOL- 2025 ACCOUNTS
NOTES TO THE ACCOUNTS FOR THE YEAR TO 31st DECEMBER 2025
io
Tangible Fixed Assets
Freehold
Land &
Buildings
L"iant,
Machinerv &
Motor
Vehicles
Total
Cost OT Valuation
b/fwd at 01.01.25
Additions
Revaluations
Disposals
363,762
74,142
437,9M
c/fwd at 31.12.25
363,762
74,142
437,￿
Depreciation and Impairments
b/fwd at 01.01.25
Disposals
Depreciation Charge for the Year
17,4n
17,471
5,667
5,667
c/fwd at 31.12.25
23,138
23,138
Net Book Value
b/fwd at 01.01.25
363,762
56,6n
420,433
c/fwd at 31.12.25
363,762
51,004
414,766
Fixed assets from the former (pre incorporation charity no 30191D were transferred
on 14 April 2022.
The Land and Buildings shown as a revalued asset were transferred to the new POASP
charity under a formal tran5feT agreement.
li
Stock
2025
2024
Charitable Activities
Opening Stock
Added in the Year
Expended in the Year
ImpiTrired
4,573
1,439
3,134
iioi
Closing Balanee
4￿63
4,573
Stock held relates to pool chemicals, cleaning products, hygiene cO￿Umables,
refreshment products and pool retail products.
26

PETERSFIELD OPEN AIR SWIMMING POOL- 2025 ACCOUNTS
NOTES TO THE ACCOUNfs FOR THE YEAR TO 31st DECEMBER 2025
12
Debtors
2025
2024
Trade Debtors
Prepayments and Accrued tncome
Other Debtors
620
1,658
500
2,416
2,600
Closing Balance
2.778
5,016
13
Creditors and Accrua15
Amount8 fallins due within Amounts falling due after
one year
more than one year
2025
2024
2025
2024
Bank Loan and OveTdrafts
Trade Creditors
Accruals and Delerred Income
2,841
26,723
3,391
24,241
Total
29,564
27,632
14
Bank and Loan Balances
The bank balances Teported are represented by accounts held at Nat west Bank pLc.
No bank loan balances are held by the charity.
15
Comniitments
At the year end there are no other outstanding commitments, contingent or contractual
a55ets or liabilities.
With legac! funds as shown in note 4b being earmiirked for capital improvements the emerging
Project subject to trustee approval and planning conseiit is the installation OE a permanent
sauna facility during 2025. The estimated total cost of this project is approximately £80,000 with
funding planned from the legacies received, new grant and resetwe funding.
27

PETERSFIELD OPEN AIR SWIMMING POOL- 2025 ACCOUNTS
NOTES TO THE ACCOUNTS FOR THE YEAR TO 31st DECEMBER 2025
16
Cash at Bank
2025
2024
Cash at Bank
281,349
229,172
281,349
229,172
17 TransactAons with Trustees and Related Partles
None of the trustees have been paid any reniuneration or received any other benefits
from a Telationship with the charity.
18
Analysis of Net A55ets
Balance Sheet Heading
UnrÈstrittÈd
Funds
Restricted
Funds
Endowment
Funds
TotaI
Tangible Fixed Assets
Land and Buildings
Current Assets
Current Liabilitie5
tnng Term Liabilities
Total
iI.004
51,004
363,762
288,690
129,5641
363,762
258,240
129,5641
30,450
279,680
30,450
363,762
673,892
19
Taxation Note
The charity is exempt from tax on income and gains fallins within section 505 of the
Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the
extent that these are applied to its charitable objectives.