## **Wiveypool**
## **Reference and administrative details**
|**For the year ended 31 October 2025**|**For the year ended 31 October 2025**||
|---|---|---|
|**Charity number**|1196068||
|**Registered office and**|Wiveypool||
|**operational address**|The Recreation Ground||
||Wiveliscombe||
||Taunton||
||TA4 2TA||
|**Trustees**|The trustees who served during the year and up to the date of this report||
||were as follows:||
||Elizabeth Hurry (Chair)||
||Joe Lodge (Treasurer)||
||Gerry Simpson (Secretary)||
||Mike Davis||
||David Holmes||
||Hamish McCarthy||
||Ian Payne||
||Neil Rushton||
||Helen Scribbins||
|**Bankers**|The Charity Bank Limited|The Co-operative Bank|
||Fosse House|1 Balloon Street|
||182 High Street|Manchester|
||Tonbridge|M4 4BE|
||TN9 1BE||
||Starling Bank||
||5th Floor||
||London Fruit and Wool Exchange||
||1 Duval Square||
||London||
||E1 6PW||
|**Independent examiners**|Godfrey Wilson Limited||
||Chartered accountants and|statutory auditors|
||5th Floor Mariner House||
||62 Prince Street||
||Bristol||
||BS1 4QD||
1
## **Wiveypool**
## **Report of the trustees**
## **For the year ended 31 October 2025**
Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the Constitution and the Statement of Recommended Practice - Accounting and Reporting by Charities (effective from January 2019).
## **Chair’s Report for Year Ending 31 October 2025**
Most of 2025 was spent by the Trustees endeavouring to raise money for The Pool House via grants and local fundraising. With £100,000 already in the bank towards the project, we ‘just’ had £150,000 to find!!
The major fundraising event of the year was our 1927 Swim Challenge that involved swimming 1,927 lengths over a period of 3 months. The initiative was undertaken and completed by an incredible variety of swimmers; old and young, fast and slow, and teams of friends and families. Inspirational.
The Pool House received grants from far and wide for which we are extremely grateful. Wiveliscombe Town Council funded the accessible toilet included in the design and redevelopment of the old sheds that the Trustees of the Recreation Ground leased to the pool for their innovative space. Work on The Pool House started on 13 October and projected to be a 20-week project. We hope it will be used by everyone, whether to keep warm after a cold swim, to sit and chat with friends and have a coffee, for training lifeguards and maybe other community events.
During 2025 we had some very successful Dimpsy Dip sessions watching the sun go down and the moon come up and new ‘Quiet Swim’ sessions for people recovering from illness were introduced and proved popular and helpful for water confidence and physical fitness. We were also lucky enough to get a grant for a hoist from National Lottery so anyone and everyone can get in and out of WiveyPool.
We hope that we can continue to welcome more and more swimmers (and non-swimmers) of all ages and abilities to our wonderful pool. We will be preparing for a lot of celebrating at the start of our 100th year in August 2026 heading for August 2027 when we will be 100 years old.
The hardest part of this report is always how to say thank you.
2 very small words that cannot express my gratitude to the small but powerful army of volunteers who help make WiveyPool; lifeguards, plant operatives, cake & sausage roll makers, gate-keepers, painters and everything in between. WiveyPool could not function without you, you know who you are.
Thank you.
Elizabeth Hurry Chair WiveyPool
2
## **Wiveypool**
## **Report of the trustees**
## **For the year ended 31 October 2025**
## **Objectives and activities**
## **Objectives**
The objectives of the Charity are to provide and maintain in the interests of social welfare, a swimming pool for the benefit of the inhabitants of Wiveliscombe and its vicinity, and of the public generally, without distinction of sex or of political, religious or other opinions, with the object of improving the conditions of life for the said users.
## **Public benefit reporting**
When reviewing the Charity’s objectives and activities and in planning future activities, the Trustees have due regard to the Charity Commission's general guidance on public benefit. WiveyPool’s ethos is to support all members of the community who wish to swim here. To help achieve this we sought and received a grant from National Lottery to buy a ‘state of the art’ hoist so access to and from the pool is available to everyone.
## **Achievements and performance of the charity**
Another busy year with lots of schools joining us at WiveyPool including Milverton, Five Rivers (Taunton), Kingsmead and Wivey Primary.
We successfully ran an overnight swim challenge simulating a Channel swim. Six teams entered from: Kingsmead, Taunton School (pupils and staff), Wellington and of course our lovely Wivey lifeguards.
NPLQ lifeguard courses were run in April & July and Saturday mornings saw potential young lifeguards taking part in Rookie Lifeguard and continuing their National Life Saving Academy courses.
WaterPolo continued with much popularity for adults and children with sessions occurring after school and at the weekend – we were delighted to host this event for such a wide range of ages and ability.
Grateful thanks to Hamish McCarthy for continuing the WiLDSquad endurance training twice a week from April through to September for all those who wanted to take part.
## **Membership statistics:**
|Year|No. of Memberships|No. of Members|Visitor Nos.|
|---|---|---|---|
|2025|476|717|11,818*|
|2024|452|729|7,259|
|2023|469|810|7,776|
|2022|414|690|6,565|
*including non-member lane swimmers and Come & Swim visitors.
## **Maintenance**
Our cyclical preventative maintenance programme for all our plant, equipment, changing rooms and fencing continues. During 2024/25 we added an awning over the rear end of the pool for shade which was much needed during the incredible summer weeks.
3
## **Wiveypool**
## **Report of the trustees**
## **For the year ended 31 October 2025**
## **Fundraising**
We received a grant for a hoist from National Lottery that ensures everyone has access to and can benefit from using the pool. Towards the end of the year we also received grants from the Fairfield Trust and Ninesquare Trust to help us get The Pool House project underway.
## **Financial review**
The detailed statement of financial activities showed that during the period of the accounts, the charity had an excess of income over expenditure of £151,536 (2024: £45,218).
At the end of the year there was £261,756 (2024: £158,172) in the bank accounts.
## **Reserves policy**
The Charity continues monitoring its reserves policy agreed at the budget meeting for 2024/25 which is to maintain sufficient funds in an interest-bearing account that will keep the pool running for 12 months in case of disaster and a non-earning situation.
Our reserves target is £38,000 and at 31 October 2025 our general funds were £249,056. General reserves are unrestricted funds excluding designated funds.
## **Key risks**
We identify our key risks as being damage to pool and plant, health issues of key staff and long stretches of inclement weather. We mitigate these risks with our ongoing maintenance of pool and plant; care of our key staff and ensuring others know how ‘things work’; and we hope inclement weather would be countered by The Pool House where swimmers can get warm before / after getting wet and also by potentially offering another income stream with community events being held there.
## **Future plans**
During 2025 we concluded the legal documentation with the Trustees of the Recreation Ground to get a lease of the derelict sheds at the rear of the car park with a view to developing them to include a toilet for all rec users and a ‘warm’ room for our swimmers and staff; work on The Pool House started on 13 October 2025.
It is only with the help of external funding we could offer an extended season and more classes in 2025.
## **Thanks to:**
- our manager (Sylvia) and our Pool Plant Operators; Helen, Neil, Martin and David;
- all our lifeguards, for their excellent work in keeping the pool clean and swimmers safe;
- to our volunteers, for their effort and support in all areas of the pool;
- to all the Trustees for their commitment and contributions; and
- to Helen Scribbins for preparing accounts for external assessment and her monthly payroll duties.
## **Structure, governance and management**
Wiveypool was founded on 4 August 1927. It was an unincorporated charity until 1 November 2024, when it became a charitable incorporated organisation (CIO). It is registered in England and Wales (Charity no. 1196068). Its registered office is Wiveypool, The Recreation Ground, Wiveliscombe, TA4 2TA. The charity is governed using a CIO Foundation Constitution with voting members other than its charity trustees.
4
## **Wiveypool**
## **Report of the trustees**
## **For the year ended 31 October 2025**
The members of the trustee board are trustees under charity law. They are also known as board members.
## **Recruitment of Trustees**
Prospective trustees are required to formally apply and to be interviewed. Every trustee must be appointed by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. There must be at least 5 trustees and no more than 12. One third of the trustees must stand down at each AGM (starting with the longest serving three) and can be re-elected.
## **Statement of responsibilities of the trustees**
The trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing those financial statements the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- ▪ make judgements and accounting estimates that are reasonable and prudent; ▪ state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Members of the charity have no liability to the assets of the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.
5
## **Wiveypool**
## **Report of the trustees**
## **For the year ended 31 October 2025**
## **Independent examiners**
Godfrey Wilson Limited were appointed as independent examiners to the charity during the year and have expressed their willingness to continue in that capacity.
Approved by the trustees on 11 June 2026 and signed on their behalf by
Elizabeth Hurry (Chair)
6
## **Independent examiner's report**
## **To the trustees of**
## **Wiveypool**
I report to the trustees on my examination of the accounts of Wiveypool (the CIO) for the year ended 31 October 2025, which are set out on pages 8 to 21.
## **Responsibilities and basis of report**
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the CIO’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- (1) accounting records were not kept in respect of the CIO as 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 applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 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 proper understanding of the accounts to be reached.
Date: 11 June 2026 **Jennifer Dickinson ACA Member of the ICAEW Godfrey Wilson Limited** Chartered accountants and statutory auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD
7
## **Wiveypool**
## **Statement of financial activities**
## **For the year ended 31 October 2025**
|Restricted Unrestricted
Note
£
£
**Income from:**
Donations
3
-
25,948
Charitable activities
4
97,710
162,139
Other trading activities
5
-
9,995
Investments
-
3,964
**Total income**
97,710
202,046
**Expenditure on:**
Charitable activities
1,187
148,936
**Total expenditure**
7
1,187
148,936
**Net income**
8
96,523
53,110
**Transfers between funds**
(34,682)
34,682
**Net movement in funds**
61,841
87,792
**Reconciliation of funds:**
Total funds brought forward
-
169,527
Accruals basis restatement
18
-
-
**Total funds carried forward**
61,841
257,319|**2025**
2024
**Total**
Total
**£**
£
**25,948**
12,066
**259,849**
147,830
**9,995**
8,066
**3,964**
1,299
**299,756**
169,261
**150,123**
124,043
**150,123**
124,043
**149,633**
45,218
**-**
-
**149,633**
45,218
**169,527**
112,954
**-**
11,355
**319,160**
169,527|
|---|---|
All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in note 16 to the accounts.
8
## **Wiveypool**
## **Balance sheet**
## **As at 31 October 2025**
|Note
**Fixed assets**
Tangible assets
11
**Current assets**
Debtors
12
Cash at bank and in hand
Current asset investments
13
**Liabilities**
Creditors: amounts falling due within 1 year
14
**Net current assets**
**Net assets**
15
**Funds**
16
Restricted funds
Unrestricted funds
General funds
**Total charity funds**|**£**
**10,560**
**167,157**
**94,599**
**272,316**
**(11,051)**|**2025**
**£**
**57,895**
**261,265**
**319,160**
**61,841**
**257,319**
**319,160**|2024
£
10,500
9,779
67,532
90,640|
|---|---|---|---|
||||167,951
(8,924)|
||||159,027|
||||169,527|
||||-
169,527|
||||169,527|
Approved by the trustees on 11 June 2026 and signed on their behalf by
Elizabeth Hurry (Chair)
9
## **Wiveypool**
## **Notes to the financial statements**
## **For the year ended 31 October 2025**
**1. Accounting policies**
## **a) General information and basis of preparation**
Wiveypool is a charitable incorporated organisation registered in England and Wales. The registered office address is Wiveypool, The Recreation Ground, Wiveliscombe, Taunton, TA4 2TA.
The financial statements were previously prepared on a receipts and payments basis - see the reconciliation of opening funds in note 17. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
Wiveypool meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.
## **b) Going concern basis of accounting**
The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves. There are no material uncertainties about the charity's ability to continue as a going concern.
## **c) Income**
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income from the government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
## **d) Donated services and facilities**
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item, is probable and the economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
## **e) Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity: this is normally upon notification of the interest paid or payable by the bank.
10
## **Wiveypool**
## **Notes to the financial statements**
## **For the year ended 31 October 2025**
## **1. Accounting policies (continued)**
## **f) Funds accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.
## **g) Expenditure and irrecoverable VAT**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## **h) Allocation of support and governance costs**
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs are the costs associated with the governance arrangements of the charity, including the costs of complying with constitutional and statutory requirements and any costs associated with the strategic management of the charity’s activities. These costs have been allocated in full to expenditure on charitable activities.
## **i) Tangible fixed assets**
Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:
Pool House 20 years Equipment (Solar Panels) 10 - 20 years
## **j) Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **k) Current asset investments**
Current asset investments consist of balances held on short term deposit in interest bearing accounts, with a maturity date between 3 and 12 months.
## **l) Cash at bank and in hand**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **m) Current asset investments**
Current asset investments consist of cash held on deposit in interest bearing accounts. Such investments are measured at their fair value.
11
## **Wiveypool**
## **Notes to the financial statements**
## **For the year ended 31 October 2025**
## **1. Accounting policies (continued)**
## **n) Creditors**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **o) Financial instruments**
The trust only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently recognised at amortised cost using the effective interest method.
## **p) Pension costs**
The charity operates a defined contribution pension scheme for its employees. There are no further liabilities other than that already recognised in the SOFA.
## **q) Foreign currency transactions**
Transactions in foreign currencies are translated at rates prevailing at the date of the transaction. Balances denominated in foreign currencies are translated at the rate of exchange prevailing at the year end.
## **r) Accounting estimates and key judgements**
In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements is depreciation as described in note (i) above.
12
## **Wiveypool**
## **Notes to the financial statements**
## **For the year ended 31 October 2025**
## **2. Prior period comparatives: statement of financial activities**
|**Income from:**
Donations
Charitable activities
Other trading activities
Investments
**Total income**
**Expenditure on:**
Charitable activities
**Total expenditure**
**Net income and net movement in funds**|2024
Total
£
12,066
147,830
8,066
1,299|
|---|---|
||169,261|
||124,043|
||124,043|
||45,218|
_All income and expenditure was unrestricted in the prior period._
## **3. Income from donations**
|Donations
Gift aid
**Total income from donations**|**2025**
**Total**
**£**
**18,561**
**7,387**
**25,948**|2024
Total
£
12,066
-|
|---|---|---|
|||12,066|
_All income from donations was unrestricted in the current and prior period._
13
## **Wiveypool**
## **Notes to the financial statements**
## **For the year ended 31 October 2025**
## **4. Income from charitable activities**
|**Income from charitable activities**||||
|---|---|---|---|
|Grants
Day and family swim
Memberships
Private hire
Classes
**Total income from charitable activities**|Restricted
£
£
97,710
-
-
63,398
-
59,187
-
22,829
-
16,725
**97,710**
**162,139**
Unrestricted|**2025**
**Total**
**£**
**97,710**
**63,398**
**59,187**
**22,829**
**16,725**
**259,849**|2024
Total
£
-
78,348
48,887
14,384
6,211|
||||147,830|
_All income from charitable activities was unrestricted in the prior period._
**5. Income from other trading activities**
|Shop and merchandise sales|**2025**
**Total**
**£**
**9,995**|2024
Total
£
8,066|
|---|---|---|
_All income from other trading activities was unrestricted in the current and prior period._
## **6. Government grants**
The charity receives government grants, defined as funding from the English Sports Council Lottery Fund to fund charitable activities. The total value of such grants in the period was £12,210 (2024: £Nil). There are no unfulfilled conditions or contingencies attaching to these grants in 2024/25.
14
## **Wiveypool**
## **Notes to the financial statements**
## **For the year ended 31 October 2025**
## **7. Total expenditure**
|**Total expenditure**||||
|---|---|---|---|
|Raising funds
£
Staff costs (note 9)
-
General operations
-
Chemicals
-
Professional and consultancy
-
Staff training
-
Shop expenses
-
Bank charges
-
Rent
-
Building and premises works
-
Software subscriptions and fees
-
Utilities
-
Telephone
-
Insurance
-
**Sub-total**
-
Allocation of support and govern
-
**Total expenditure**
**-**|Charitable
activities
£
60,078
-
6,698
-
-
-
-
-
-
-
-
-
-
66,776
83,347
**150,123**|Support and
governance
costs
£
-
11,007
-
22,183
213
7,571
64
618
6,436
3,659
25,772
1,223
4,601
83,347
(83,347)
**-**|**2025 Total**
**£**
**60,078**
**11,007**
**6,698**
**22,183**
**213**
**7,571**
**64**
**618**
**6,436**
**3,659**
**25,772**
**1,223**
**4,601**|
||||**150,123**
**-**|
||||**150,123**|
Total governance costs were £2,700 (2024: £Nil)
15
## **Wiveypool**
## **Notes to the financial statements**
## **For the year ended 31 October 2025**
## **7. Total expenditure (continued) Prior period comparative**
|Raising funds
£
Staff costs (note 9)
General operations
-
Chemicals
-
Loan interest paid
-
Professional and consultancy
-
Shop expenses
-
Bank charges
-
Rent
-
Building and premises works
-
Software subscriptions and fees
-
Utilities
-
Telephone
-
Insurance
-
-
**Sub-total**
-
Allocation of support and governance costs
-
**Total expenditure**
-|Charitable
activities
£
62,081
-
4,423
-
-
-
-
-
-
-
-
-
-
66,504
57,539
124,043|Support and
governance
costs
£
-
8,316
-
602
6,030
7,610
379
659
16,175
2,936
10,627
1,253
2,952
57,539
(57,539)
-|2024 Total
£
62,081
8,316
4,423
602
6,030
7,610
379
659
16,175
2,936
10,627
1,253
2,952|
|---|---|---|---|
||||124,043
-|
||||124,043|
16
## **Wiveypool**
## **Notes to the financial statements**
## **For the year ended 31 October 2025**
## **8. Net movement in funds**
This is stated after charging:
|Trustees' remuneration
Trustees' reimbursed expenses
Independent examiner's remuneration:
▪Independent examination (excluding VAT)|**2025**
**£**
**1,645**
**-**
**2,600**|2024
£
1,117
-
-|
|---|---|---|
1 trustee, Hamish McCarthy, received remuneration from the charity in the current and prior year for providing swim classes held by the charity.
In common with other charities of our size and nature we use our independent examiners to assist with the preparation of the financial statements.
**9. Staff costs and numbers**
Staff costs were as follows:
|Salaries and wages
Social security costs
Pension costs|**2025**
**£**
**54,896**
**4,539**
**643**
**60,078**|2024
£
58,643
2,720
718|
|---|---|---|
|||62,081|
No employee earned more than £60,000 during the year.
The key management personnel of the charity comprise the Trustees and Pool Manager. The total employee benefits of the key management personnel were £31,365 (2024: £27,614).
|Average head count|**2025**
**No.**
**8**|2024
No.
9|
|---|---|---|
## **10. Taxation**
The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.
17
## **Wiveypool**
## **Notes to the financial statements**
## **For the year ended 31 October 2025**
## **11. Tangible fixed assets**
|**Cost**
At 1 November 2024
Additions in year
At 31 October 2025
**Depreciation**
At 1 November 2024
Charge for the year
At 31 October 2025
**Net book value**
**At 31 October 2025**
At 31 October 2024|The Pool
House
£
-
38,538
38,538
-
-
-
**38,538**
-|Equipment
£
15,000
10,674
25,674
4,500
1,817
6,317
**19,357**
10,500|**Total**
**£**
**15,000**
**49,212**|
|---|---|---|---|
||||**64,212**|
||||**4,500**
**1,817**|
||||**6,317**|
||||**57,895**|
||||10,500|
## Land owned by the charity
The charity occupies three parcels of land which are not recognised within tangible fixed assets.
Two parcels of land, on which the swimming pool and pool house are situated, are held under leasehold arrangements. These sites are understood to be subject to significant restrictions on use under the 1919 Trust Deed for the recreation ground within which the properties are situated. Due to these restrictions, the charity considers that the fair value of these land interests cannot be measured reliably and, accordingly, they have not been capitalised. In addition, the underlying value attributable to the charity is considered to be immaterial.
The charity also occupies a further parcel of land held on a freehold basis, which is used for the installation of solar panels. This land was donated to the charity subject to a condition that ownership will revert to the original donor when the site is no longer utilised for the charity’s purposes. In light of this reversionary condition, the charity does not control the economic benefits of the land in the long term, and therefore no value has been attributed to it within the financial statements.
## **12. Debtors**
|Trade debtors
Prepayments
Accrued income|**2025**
**£**
**1,857**
**1,316**
**7,387**
**10,560**|2024
£
-
2,952
6,827|
|---|---|---|
|||9,779|
18
## **Wiveypool**
## **Notes to the financial statements**
## **For the year ended 31 October 2025**
|**13. Current asset investments**
Short term deposits
**14. Creditors: amounts falling due within 1 year**
Trade creditors
Accruals
**15. Analysis of net assets between funds**
Tangible fixed assets
Current assets
Current liabilities
**Net assets at 31 October 2025**
**Prior year comparative**
Tangible fixed assets
Current assets
Current liabilities
**Net assets at 31 October 2024**|£
-
65,849
(4,008)
**61,841**
£
-
-
-
-
Restricted
funds
Restricted
funds|**2025**
**£**
**94,599**
**2025**
**£**
**-**
**11,051**
**11,051**
£
57,895
206,467
(7,043)
**257,319**
£
10,500
167,951
(8,924)
169,527
General
funds
General
funds|2024
£
90,640|
|---|---|---|---|
||||2024
£
50
8,874|
||||8,924|
||||**Total**
**funds**
**£**
**57,895**
**272,316**
**(11,051)**|
||||**319,160**|
||||Total
funds
£
10,500
167,951
(8,924)|
||||169,527|
19
## **Wiveypool**
## **Notes to the financial statements**
## **For the year ended 31 October 2025**
## **16. Movements in funds**
|**Restricted funds**
The Pool House
The Hoist
**Total restricted funds**
**Unrestricted funds**
General funds
**Total unrestricted funds**
**Total funds**|At 1
£
-
-
-
169,527
169,527
**169,527**|Income
£
85,500
12,210
97,710
202,046
202,046
**299,756**|£
-
(1,187)
(1,187)
(148,936)
(148,936)
**(150,123)**
Expenditure|Transfers
£
(24,008)
(10,674)
(34,682)
34,682
34,682
**-**|**At 31**
**£**
**61,492**
**349**|
|---|---|---|---|---|---|
||||||**61,841**|
||||||**257,319**|
||||||**257,319**|
||||||**319,160**|
## **Purposes of restricted funds**
The Pool House
The redevelopment of old sheds adjacent to the pool, into a building, called ‘The Pool House’, including an accessible toilet, to be used by everyone, whether to keep warm after a cold swim, to sit and chat with friends and have a coffee, for training lifeguards and maybe other community events.
The Hoist
A hoist for gently and safely lifting and lowering users in and out of the pool, thereby ensuring that everyone has access to and can benefit from using the pool.
## **Transfers**
To recongise capital expenditure paid for by restricted income.
20
## **Wiveypool**
## **Notes to the financial statements**
## **For the year ended 31 October 2025**
## **16. Movements in funds (continued) Prior year comparative**
|**Prior year comparative**||||||
|---|---|---|---|---|---|
|General funds
**Total unrestricted funds**
**Total funds**
**Unrestricted funds**|At 1
November
2023
£
112,954
112,954
112,954|Income
£
169,261
169,261
169,261|£
(124,043)
(124,043)
(124,043)
Expenditure|£
11,355
11,355
11,355
Accruals
basis
restatement|£
169,527
At 31
October
2024|
||||||169,527|
||||||169,527|
## **Accruals basis restatement**
The effect of moving from a cash basis to an accruals basis is shown as a net increase in funds.
## **17. Related party transactions**
There were no related party transactions in the current or prior period.
## **18. Reconciliation of opening funds**
|Cash funds as previously stated
Tangible fixed assets
Debtors
Creditors
Total funds as restated on accruals basis
Analysed as:
Restricted
Unrestricted|10,500
9,779
(8,924)|2024
£
158,172
11,355|
|---|---|---|
|||169,527|
|||-
169,527|
|||169,527|
21
Charity no. 1196068
## **Wiveypool Report and Unaudited Financial Statements**
**31 October 2025**