Cornpany Re£lstration Number 13796140 Registered Charlty Number 1200342 FRIENDS OF JUBILEE POOL (BRISTOL) LTD (A company limited by guarantee with charitable status) REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 FRIENDS OF JUBILEE POOL (BR15TOL} LTD TRUSTEES, REPORT YEAR ENDED 31 DECEMBER 2024 CONTENTS PAGE Trustees, annual report Independent examinerfs report to thetrustee5 12 Statement of financial activitie5 lincluding income and expenditure account) 13 Balance sheet 14 Notes to the financial statements 15 FRIENDS OF JUBILEE POOL (BRISTOL) LTD TRUSTEES. REPORT YEAR ENDED 31 DECEMBER 2024 TRUSTEES. REPORT The Trustees present their report and the unaudited financial statements of the company and charity forthe perlod ended 314 December 2024. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company and Charity Name Charity Registration Number Cornpany Registration Number Registered Office Friends of Jubilee Pool IBri5toll Ltd 1200343 13796140 113 Somerset Road, Knowle, Bristol BS4 2HX TRUSTEES The Trustees and Dirertors of Friends of Jubilee Pool (Bristol) Ltd I-FOJP") during the year and to the date of the signing of this report are as follows: julie Laming (Chair} Deborah Reid (resigned 24 June 2024) Matthew Blanchard Rachel Heaton Dereth Wood Sarah PetherbridEe Diane Kent (appointed 3 February 20251 BANKERS Lloyds Bank PLC. PO Box 1000, Andover BXI ILT INDEPENDENT EXAMINER Sarah Christmas ACA 68 Runswick Road. Bristol BS4 3HZ STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Documents. The Charity is a Company Limited by Guarantee wlth Charltable Status. registered wlth th Companies House on 13 December 2021 and the Charity Commission on 12th September 2022. FRIENDS OF JUBILEE POOL (BRISTOL) LTD TRUSTEES, REPORT YEAR ENDED 31 DECEMBER 2024 Eligibilityfor membership of the Charity and membership of the Board of Trustees is governed by the Constitution. There are no restrictions in the governing document on the operation of the Charity other than those imposed by general charity law. Governance The Charity has six Trustees. It has also esrablished six working groups each headed by a Trustee joined by knowledgeable and skilled community volunteers to support Marketin& Events and Community Fundraising, Grant Funding, Capital Work5, Finance and Legal and Operations Improvements. Appointment and Induction of Trustees Trustees are appointed at the Annual General Meeting and can be co-opted during the year by the board of Trustees. Potential new Trustees are asked to submit an application letter listing their skills and knowledge they can offer the Charity. Newly appointed Trustees are provided with a copy of the constitution and offered indurtion in the history and operation of the Charity. Key Management Personnel FOJP is accountable for all aspects of the pool building, including repair, maintenance and renewal and for delivering a swimming pool and gym service to the community. Day-to-day operation of the pool is managed through a partnership with Parkwood Leisurel Lex Leisure ICIC) who are contracted on 2 not-for-profit/no risk basis by Friends of Jubilee Pool (Bristol} Ltd. In 2025 Parkwood Leisure have replaced Lex Leisure ICICI with Creating Attive Futures Ltd- a charitable Comrnunity Benefit Society. Grant Making The Charity doe5 not currently engage in grant-makin8 artivity. Policies on Reserves The Trustees have reviewed the charity's need for reserves in line with the guidance issued bythe Charity Commi5510n. The charitvs total Unrestrlcted Reserves shown in the Balance Sheet as at 31 Oecember 2024 are £277.90312023.. E80,4821. £214,522 of these reserves were represented by Fixed Assets 12023: £4,204}. leaving £63.381 available as Unrestricted Reserves12023'. £76,278). FRIENDS OF JUBILEE POOL {BRISTOL} LTD TRUSTEES. REPORT YEAR ENDED 31 DECEMBER 2024 The Trustees also aim to hold a level of free Unrestricted Reserves equivalent to three months, operating costs of the pool, which provides su￿1Clent financial resource5 to meet the legal and contractual obligations and liabilities which would crystallise if the pool was shut with no income generated. Their current estimate of the amount required for this purpose and hence targeted level of reserves is approximately £86,000. As at 31 December 2024 the charity holds actual free reserves of £63.381 for this purpose. As stated in this report, a stronger swim school programme has been developed for growth in income and the charity is looking at ways to b005t it5 membership income and introduce other forms of income including business sponsorship and merchandise sales. This will contribute to the overall aim of increasing the charit¢s free reserves towards the targeted level of reserves of £86,000. OBJECTIVES AND ACTIVITIES Charilable Purpose To promote for the benefit of the inhabitants of Knowle and the surrounding area, the provision of facilitie5 for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth. age. infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the objert of improving the condition of life of the said inhabitants. Public Benefit In our decisions as a Board and in the drawing up of this sumrnary of our main attivities. we have had due regard to our public benefit obligations under the Charities Act and the Charities (Accounts and Report) Regulations 2008. We have also had full regard to the Charity Commission's public benefit guidance outlines in guides PBI, PB2 and PB3. Impact and Value 2024 is the second full year of FOJWS operation of Jubilee Pool and Gym I"Jubilee Pool-) following the successful Community Asset Transfer ("CAT"l in October 2022. During thi5 year. the Trustee5 have focussed on building solid foundations for the future growth and development ofjubilee Pool. growing community engagernentand memberships and developing a funding and Investment plan for major capital work required to secure the building fabric and heating systems. Membership numbers have increased by 17% in 2024 and by 60% overall Sin￿ we took over the pool in 2022. A stronger swim school programme has been developed to allow for swimmer progression and far growth into the coming year. The management staff and team FRIENDS OF JUBILEE POOL (BRISTOL) LTD TRUSTEES, REPORT YEAR ENDED 31 DECEMBER 2024 have remained stable and addltlonal lifeguards and swim teachers have been recruited as needed for whom FOJP has supported additional training and staff development. Our partnerships with Active Mind5 - learn to swim group for women of colour, Out to Swim an LGBTQ+ masters swimming club and Adult Swim Clubs have continued and developed including joint training. The Rookie Lifeguard club which offers youn8 people vital lifesaving skills is very popular with a current waiting list for places. These activities reflect some of the priorities outlined in the Community Consultation Report undertaken for the G4T in 2022 and this document guides the Trustee5 as they plan into the future. We continue to provide free of charge swlmmlng to pregnant people both antenatally and for a period postnata51y. A major achievement thi5 year has been to Secure the final grant income required for a new Air Handling Unit and the installation and commissioning of the new unit in October 2024. In order to install the unit. one side of the flat roof which was leaking a Iso needed full repair to support the AHU duct work. The new AHU has dramatically changed the pool. reducing significant condensation which was affecting the internal roof fabric and the customer experience. The AHU is managing the temperature of the Pool Hall and providing a heat exchange function to support energy c05t reduction. This work along with the installation of a pool thermostat, replacement LED lights and a new Pool cover has reduced our energy usage by 8.3% for gas and 5% for electricity and regulated the pool temperature for customer5. We have however faced major challenges due to the strong Storms in the latter part of the vear which dislodged some glass panels in our main roof leading to closure of the Pool for 2 weeks whilst emergency repairs were undertaken. Although this is resolved for the very short term it highlighted the importance of designing and implementing a full roof repair as soon as possible. As a result, FOJP has focussed on the Second stage of its capital repair programme having now installed a new AHU. Initial investment in project scoping and planning for this work has started this year and will continue into next year. The next phase includes a new, repalred main roof allowing us the opportunity to also install solar panels. repair of the remaining flat roofs and a new heating system to replace the extremely old set of 4 boilers. The internal condition of the Pool has suffered considerably from previous internal condensation and external leaks and 15 in need of major redecoration. FOJP has continued to undertake minor repairs and maintenance to the Pool and Gym with support from a wide range of grant funders and community volunteers. This has included ongoing minor repair5 to changing room equipment. a new pool cover and external site improvements. In the Coming year, a local maintenance and repair company has comrnitted to undertake work of Social value to help with Jubilee Pool repairs. FRIENDS OF JUBILEE POOL (BRISTOL) LTD TRUSTEES. REPORT YEAR ENDED 31 DECEMBER 2024 People In 2024 one ofthe FOJPTrustees retired however a new Trustee has been appointed in 2025 bringing significant experience in capital works project management. operational management and grant funding in Bristol. All our Trustees. working groups and work parties are volunteers and their commitment. enthusiasm and passion demonstrate why Jubilee Pool is such an important asset for this community. It can take a lot of time and energy for volunteers to continue with their involvement with the PODI, particularly as they balance their time with work and family commitments. We have seen a turnover of people engaged and after a recent open event were encouraged by the number of new volunteers offering to support the working groups. There are many wonderful stories about the people involved in the pool - Patrick, a regular swimmer who has acquired and fixed a new pace clock, and Gerry and Lynn who stepped in immediately to fix an external door which had been blown off by a storm. Joseph, Orin and Elliot, three of our young members from City of Bristol Swimmers raised over £8(M) in the Jubileeathon 24 hour swim event, having swum 1,208 lengths over 4 hours. Orin and Joseph f inished in style. swimrning butterfly for the last 10 laps and Elliot kept on with crawl to complete 458 lengths meaning he swam IOK. Risk Management The Trustees reviewed the major governance. operational and financial risks which the Charity faced as part of its initial busine55 plan and identified procedures and actions to mitigate these risks. These risks have been reviewed and updated this year. Systems have been put in place to mitigate the risks. The Charity has a risk management strategy in place with comprises.. An Annual Review of the strategic risks the charity faces The establishment of systems and procedures to mitigate the key risks: and The implementatlon of procedures designed to minimise any potential impact on the Charity should those risks materlallse. The Trustees are satisfied that appropriate financial systems and controls are in place. They consider the key risks facing the Charity at the moment to be the financial risk arising from increased core costs, in particular increased staffing costs outlined in the recent Budget. In additlon. some urgent capital works are needed to secure the roof and heating system in the short and medium term. FRIENDS OF JUBILEE POOL (BR15TOL) LTD TRUSTEES, REPORT YEAR ENDED 31 DECEMBER 2024 ACHIEVEMENT AND PERFORMANCE Headline improvements for FOJP and Jubilee Pool 2024 are: Increased membership numbers from 550to 644 Swim school numbers from 356 to 398 with a strong platform forgrowth 11 schools and group hire Grants of £227,309 utili5ed for capital and operating costs Raised c.£30,605 from communityfundraising events and other fomis of charitable giving Installation of a new Air Handling Unit Reduced energy usage by 8.3% Gas and 5% Electricity Financials Through the funds raised, outlined above. FOJP was able to implement its first capital investment of a new Air Handling Unit and cover all its operating costs. The reduction in energy usage and KWH costs coupled with increased membership has supported a p051tive position for the pool. New challenges of increased N l and Living Wage costs are beingfactored into 202S which will necessitate further increases in membership and swim school income. Fundraising In addition to the grant income secured in previous years. the FOJP Grant funding group has. during 2024, secured the following new grants.. Air Handling Unit - the final grant needed from the Garfield Weston Trust to add to previous grants from the Nisbet Trust, Enovert Trust. John James Foundation, Medlock Trust and Sirona. These grants also covered the related roof improvements for the installation of the unit. Fund5 to support operational costs from Wessex Water and the Foyle Foundation • Energy Saving Mea5ures- a new Pool therrnostat supported by the West of England Combined Authority IWECAI A new pool coverfrom the PopleTrust. This ha5 been an extraordinary achievement and FOJP 15 gratefvl for all of its grant funders who have shown support for, and share FOJP'S commitment to, Jubilee Pool as a valuable community asset. Throughout 2024 we have continued with our vibrant programme of community fundraising and information events run by volunteer5 to 5UPPOrt our income and reach out to all of our community. FRIENDS OF JUBILEE POOL (BRISTOL) LTD TRUSTEES, REPORT YEAR ENDED 31 DECEMBER 2024 In October 2024, FOJP held our second anniversary event with activities in the pool coupled with a 24-hour Jubileeathon fundraising event opened by the Lord Mayor of Bristol. A large number of people attended the swim event supported by music from local bands and choirs. It was a lovely celebration of the whole community involved in supporting the pool. FOJP has been grateful for many donations of items for our raffles and grand draws Includlng beautiful artwork for posters and cards and has started to create its own merchandise which has been taken to local community fairs and arts trails along with membership information. Towards the end of the year. the Christrnas events at the pool were enjoyed by families and friends including a visit from Santa. Preparation for a major application to the Government Cornmunity Ownership Fund was curtailed by an early election changing government priorities. We hope there will be new opportunities identified in the coming year. Plans for Future Perlods In 2025. FOJP aims to move from 'surviving' to 'thrIvin￿ both in terms of day-to-day operations and costs and securing the fabric of the neglected building fabric. FOJP has developed a very close working relationship with Jubilee Pool's service provider. This has helped with financial management and future planning and will continue into future years. With a managed fixed term procurement of utility costs and increased membership numbers. FOJP aims to reach a balanced budget for operational costs by the end of 2025. The increased staff costs will be offset by an increase in swim school activity where we know there is considerable demand. This reduces the pressure on the community fundraising activity and allows the Trustees and Grants Funding team to focus time and effort on the next phase of the capital building improvement and energy sustainability planning. The Trustees will be seeking to engage additional specialist expertise on capital works planning, contracting and project planning to support them and are already involved in funding bids for feasibility of Air Source Heat Pump energy to replace our ga5 boilers. We also have additional pro-bono support to assist with planning solutions for our main roof. This, coupled with the feasibility plans already identifying a need for 501ar PV pane15, provides a clear route to decarbonisation of the Jubilee building and to further reductions in energy costs. Identifying local and national grants and government funds for the above work will be priority for the coming year. The Trustees wlll focus on the communSty consultation report outcomes to prioritise future social and community activities and will seek funding support to staff these developments. FRIENDS OF JUBILEE POOL (BRISTOL) LTD TRUSTEES. REPORT YEAR ENDED 31 DECEMBER 2024 New models of community membership, business membership and merchandising will be introduced to diversify income and community engagement. The Trustees would like to express their thanks to the pool community, companies offering specialist help on a pro-bono basis, 8rant funders and local champions for their support for Jubilee Pool. io FRIENDS OF JUBILEE POOL {BRISTOL) LTD TRUSTEES. REPORT YEAR ENDED 31 DECEMBER 2024 RESPONSIBILITIES OF THE TRUSTEES The trustees {who are also directors of Friends of Jubilee Pool {Bristoll Ltd for the purposes of company lawl are responsible for preparing the Trustees, Report (incorporating the strategic report and directors, report) and the financi31 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 Accepted Accounting Practice). Company law requires the tnjstees to prepare financial statements for each flnancial year which give a true and fair view of the state of affairs of the charitable company and of the income and expenditure, of the charitable company for that period. In preparing these 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 judgments and accounting estimates that are reasonable and prudent,. state whether applicable UK Accounting Standards 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 charitable company will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detettion of fraud and other irregularities. Approved bythe Trustees and signed on their behalf by: 13 May 2025 Julie Lamlng Chair li FRIENDS OF JUBILEE POOL (BRISTOL) LTD INDEPENDENT EXAMINER'S REPORT YEAR ENDED 31 DECEMBER 2024 Independent exarninerfs report to the Irustee5 Ot Friends of Jubilee Pool (Bristol) Limited I'the Compan() I report to the charity trustee5 on my examination of the accounts of the Company for the year ended insert year end 31 December 2024. Responslbilltles and basis of report As the charitvs trustees of the Cornpany land also its directors for the purposes of companv law} you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2Q06 A￿}. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2Q06 Act and are eligible for independent examination. I report in respect of my examination of your charity's account5 as carried out under section 145 of the Charities Act 20111'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under Section 14515) Ibl of the 2011 Act. Independent examinerfs statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act- or the accounts do not accord with those records,. or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirementthat the accounts give a 'true and fairview which is not a matter considered as part of an independent examination,. or the account5 have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. 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. Ja••- Sarah Christmas ACA 68 Runswick Road Brlstol BS4 3HZ I£1￿}2015 12 FRIENDS OF JUBILEE POOL {BRISTOL) LTD STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2024 Unrestrlcted Funds Restflcted Fund5 Totsl Fund$ 2024 Totsl Fund$ 2023 (R•stat•dl Income from DOna￿On$ Charitable Activi18s Bank Inleresl Other Incomg 30,606 43,634 227,309 257,915 43,634 1,058 392 82,978 31,591 301 1.104 392 Total Incojne 75.690 227,309 302,999 115.974 ExpenditLTre on Charitable adivilies 90,1)44 23,066 113,110 79,264 Total expendlture 90.044 23.066 113,110 79.264 Net Incomel{•xp•ndiiur•) 114.354) 204.243 189.889 36,710 Transfe 10 211,775 (211.7751 Net movement In funds 197.421 {7.532) 189.889 36,710 Funds brought forward 10 80.482 9.319 89.801 53.091 Funds Carrled FoNard 10 277,903 1.787 279,690 89,801 The charity has no recognised gaing and losses other than the resutts for the year as set out above. Afl of the activi118s of Ihe charity are ctas8ed a5 Gontinuing. The notes on pages 15 to 21 from part of thasè accounts. The prior year fund comparatlvas can b• found In nat8 6 13 FRIENDS OF JUBILEE POOL IBRISTOLI LTD BALANCE SHEEr AS AT 31 DECEMBER 2024 Company reglstration numbor: 13796140 2024 2023 Flxed a$$ets 214.522 4,204 Curranl Assèts Debtors Cash at bank St￿k 23,054 65,264 1.808 90.126 44.173 86,089 871 131,133 LlabllltO$ Creditors.. Amounts falling due wthin one year {24,9581 145,536} Nèt Current Assets 65,1e8 85,597 N•t Assots 279,690 89.801 Funds of tho Charfiy Reslrietsd funds Unrestricted general funds Designated funds 11 11 11 1.787 277.903 9,319 80,482 20,000 Total Funds 279.690 89,801 For the year endlrrfJ 31 Decgmber 2024 the company was enlltled to exempts'on from audit under section 477 of the COMpan￿S Act 2006 relafjng to small companles. The members have not required the cornpany to obtain an audit of its acry)unls for the year in question in a¢¢ordancè with section 144121 of the Charities Act 2011. The members have not required the company to obtsin an audit in accordanc8 Wth $8ction 476 of th8 Companias Act 2W6, The directors acknowledge their responsibilities for complying with th8 requirements of Ihe Act wlth respocl to 8c¢ountlng records the prepardtion of accounts. These ac¢ounts havè b88n prÈparèd In aceordanca vAth the spècial provisions of Part 15 of the Companies Act applicable 10 sm811 compBnias subject to the small companies regime and in accordance with FRS102 SORP. 13 May 2025 These finanaal statements We￿ approved by the trustees on......................................... and 8re signed on their behalf by: Julie Larning Chalr Th notts on pages 15 to 21 from part of thes8 accounts. 14 FRIENDS OF JUBILEE POOL (BRISTOL) LTD NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2024 1 Accounting policlos Basis of accounting The financial statements have been prepared in accordance with lh8 historical cost e£Jnv8ntion18xc8ptwh8rè otherwise slated in the accounting policy note) and in accordance with the Statemenl of Recommanded Practice.. Acccgjnttng and Reporting by Charities preparing their accounts in accordance wth Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 issued in Oclobor 2019, and the Financial Rew)rting Standard applicabb in the United Kingdom Republicof Ireland (FRS 1021. &nd the Companies Ad 2006. Thg cha￿ty Is a Publlc Beneflt entity as defined under FRS 102. The Trustees havé consideréd the impact of the increased core costs in pariicular staffing costs on the charivs activities and believe that therè arè no materi81 un(*rtaintiès affÈcting the abtlity of the charity to continue as a going con￿M. Expendlture Expenditu￿ 18 recognised in the pert(Kl in which it rs incurred. ExpeThJilure includes allributable VAT which cannot be raeover8d. Expenthtura is allcuted to Ihè idènb.fied charitabl8 athwtièg and th8 (x)sts of raising funds directty. wher8 applicable. Covemance costs indud8 thos8 costs associaled mèèting th8 tt)nstitulional and 818tuÈory requirements of the chxrity and Include any costs associated with the stratrgic M￿agaM￿nt of tha charity's adiviti8s. Th8y aré Nicludad with charitable activities. Fund aceountFng Unrestricted ftjnds Can be used in accordance with charit￿8 obi8cts at the discreti¢M of the members. Restricted funds can onty be used fcf particular restricted purposes wthin th8 objects of the charfty. Restrf¢tlons arlse when 8p8crfied by the donor or funds are raised for parlicular restrrcted purposes. Donations InGome from donations is included as Income when these are recewable, except as follows.. l. When do[￿r8 sperAfy that donations gNen to the charity must be used in future accounting periods. the income is deferred until thos8 peTi￿s., and li. When do￿r8 impose conditions which have to be fu￿111•d b8for8 th8 charity b8com8s 8ntit18d to usè such incom8. th8 income Ès delerred until the pre-condition5 have been met. Debtors Trada and other debtors 8Te recognised at the settlement amount after any tra¢h discount offered. Prepaymonls are valued at the anKMJnt pr8paid after tsling account of any discounts due. Ca$h at bank & In hand Cash al bank and In hand indudes cash and short temi hlghty Ilquld Investments with 8 sIKJrt maturity of three months OT less from the dale of a￿Ul$OtIon or openlng of the deposS1 or similar account. Flxed a59èt$ Depreciation is calculated so as to write-off the ¢08t of an a85et. 1888 it8 esltmatsd r&sidual value. over the uselul econornic life of the assat as follows: Pool equipment Building improvements 5 years straight fjne J years straight line 15 FRIENDS OF JUBILEE POOL (BRISTOL) LTD NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2024 1 Accounting poli¢Èes {¢ontinuedl Crtdltors Creditors and provlslong are recognlsèd vthère charlty has a present obligation rasulting from a past 8vent that will r8suIt in the transfer of funds to a third party and the amount due to settle the obligation can be Measured or eslimaled raliably. Creditors are normally recognised at their seitlemenl amount after allowng for any discounts due. 2 Donations and grants Unrestri¢ted Funds Re$trl¢tsd Fund$ Totsl Funds 2024 Total Funds 2023 (R￿tated) 31,485 11,635 38,669 1.209 G¢neral donations Donations from av8nts Grant Inwne Gift Aid- Tax Rgcoverad 20.972 5,785 20,972 5,785 227,309 3,849 227.309 3.849 30.606 227,309 257.915 82,978 3 Incom? from Charitable A¢tivttios Unrnstrlct•d Funds R•strict•d Funds Ttst•l Funds 2024 Total Funds 2023 IR8$tatodl 31,591 Swmming pwl operation 43,634 43,634 43,634 43.634 31.591 4 Exp•nditure on Charltable Actlvltles Unrestricted Funds R8strtct8d Funds Total Funds 2024 Total Funds 2023 {Restatod} 8,002 2,965 1.197 2.926 3,090 AdvértisiThJ & mark8ting costs Govem8rKp Finan¢e cost$ Consultancy eosls Rai8ing funds - fLJndr#ising 8vènts Cost of gc>Dds Grant application costs Depreciaknon Equipment costs Miscellaneous Insurance Swimming pool mana9emenl IT Software Repairs & maintenan Subscrtptions & memberships Training and staff development 11,066 3,543 11,066 6,609 3,Cf6 2,265 2,385 777 5,033 4.202 2,265 2,385 777 5,033 4.202 145 1.176 793 9,989 37,fj64 1,262 2,345 230 7.480 2,638 41,728 986 13.143 677 25 5,934 4.613 8,570 46,341 8,253 21,396 677 1.225 1.200 90,044 23,066 113.110 79.264 16 FRIENDS OF JUBILEE POOL (BRISTOL) LTD NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2024 4 Expendlture on ChaTitabl• Activiti•s Icontinuod) Rèstatèd Total Funds 2023 Unrestrlcted Funds Restrlcted Funds Prlor Year (Re$tstgdl 8,002 2.965 1,197 2,926 3,090 145 1.176 793 9,989 37,664 1,262 2,345 230 Adv•rtisiThJ & markaling costs Govemar Financ8 costs Consvltan¢y ¢osls Raising funds- fundrai%ng 8vènts Depre¢iatlon Equipmènt costs Misc8llan8OUS Insurance Swimrning pool management IT Software Repairs & maintenance Subscriptions & memberships Trwning and staff devdopment 7.982 2.965 1.197 526 3.090 145 1,176 793 7,175 25.299 1,262 2.345 230 20 2,400 2,814 12.365 7,480 25,079 54,185 79,264 5 Net Incomo1{oxpgndlturo) for tho year 2024 2023 This is stat8d aftér charging: Independent examinerfs fees= - for Independent Examinalion - for Ac(x)unts Preparafjon 1,350 1,260 6 Comparative Statement ot Financial Activltl88 Unro$trl¢t¢d Funds Restrkt•d Funds Total Funds 2023 (Restated) Income from Donallons and Leg8d8s Charitsble Activities Bank Interest Other Inwme 45,809 31.591 301 1,104 37.169 82.978 31.591 301 1,104 Total Income 78.805 37,169 115.974 Expèndituro on Charilabte acllvlles 54,185 25,079 79.264 Total oxpendlture 54,185 25.079 79,264 Net Incomel{expenditure) and nat movemènt In funds Transf8rs be￿90n fund$ 24,620 12,090 36.710 4,349 14,3491 NET MOVEMENT IN FUNDS Funds brought forward 51.513 1,578 53,091 Total funds carrlgd forward 80.482 9.319 89.801 17 FRIENDS OF JUBILEE POOL IBRISTOLI LTD NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2024 7 Tanglble fixed assets Building improvoments Pijol equlpment Total Cost Al 1 December 2023 Additions 4,349 7.734 4,349 214,520 206,786 At 31 Decembèr 2024 206,786 12.083 218,869 Depreclatlon Al 1 Decernber 2023 Charyp for the year 145 1,643 145 4,202 2.558 At 31 December 2024 2.558 1,7B8 4,347 Net book valua At 31 December 2024 204.227 10.295 214,522 At 31 December 2023 4,204 4,204 8 Debtors 2024 2023 Trade debtors Prepayments A¢xrugrJ incorng Parkwood $ecuTty tond 16.650 795 11.728 15,000 3,558 4,496 15,000 23.054 44.173 9 Crod51or$: amounts falling duè within onÈ ￿#r 2024 2023 Trad8 cr8ditors Accnjals Other creditors Daf8rr8d Incoma 23,428 1,530 4,940 1,422 5,174 34,000 24,958 45,538 18 FRIENDS OF JUBILEE POOL (BRISTOL} LTD NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2024 10 Movèmènt in fvn(fs Asat1Jan 2024 As at 31 Doc 2024 Income Expgndlture Tran$for$ Rostrfcted funds Lex Leisure Qu8rtst M￿awatt Fund Spurt England Granl 2,788 1,580 {2.7871 {1,5801 {4.6131 4,613 Sport England Small Grants Fund Wakeham Trust Greanhall F¢)undati¢)n John Jam8s Trust Quartet Foundation Society of M8rchant Venturers Enovert Community Trust Garfield Weston Foundalion John James Charitabl8 Trust Medlock Charftable Trust Th8 Nisbet Tnjst Sirona Foundation Pople Charitable Trust Wessex Water Foundation The Foyle Foundation West of England Combined Authority 2,951 (1,2001 1,751 2,000 11.9651 50.330 25.000 50,000 10,000 50,000 20,000 6,445 4,000 5.000 150,330} {25,000} {50.0001 (10,0001 (50,0001 120,000) 16,445) 14,0001 15,0001 1,921 227.309 11.921} 123,0661 9.319 1211.7751 1,787 Unrestrict8d funds General funds Desi nated funds Capital Impmvement 60,482 75,690 {9).0441 231,775 277.903 20,000 80,482 20,0001 211,775 75,690 (90.0441 277,903 Total Funds 89.801 302,999 {113.1101 279,690 19 FRIENDS OF JUBILEE POOL (BRISTOL} LTD NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2024 10 MovÈment in funds l¢ontinuedl Prlor Yèar Comparativo$- R¢$tat$d Asat1Jan 2023 As at 31 D•c 2023 Income Ex￿ndItUre Transfers IR*$tat•dl IRè$tatgdl Restrlcted funds Lex Leisure Quart81 Megawatt Fund Sport Er￿laTh￿ Grant 2.788 4,000 11.101 2,788 1.580 12,420) 111,1011 Sport E￿lar￿ Srnall Grants Fuw Wakeham Trust Greenhall Fund John Jamos Trust Quartet Foundation Society of Merchant Venturers 14,780 2,500 2,000 17,480) 12,5001 14,349) 2.951 2,000 1,578 1,578 11,5781 125.0791 37,169 (4,3491 9,319 Unrestrlcted funds Gènèral funds Desi naled funds Capital Improvèment 51,513 78,805 154,1851 115,6511 60,482 20,000 4,349 20,000 80,482 51,513 78,805 154,1851 Total Funds 53,091 115.974 179,2641 89.801 Fund Descri tions Restrlcted - 2023 Quartet Foundatlon- Towards FOJP operating costs Includlng Building Insurance and speciallsl Ilghting. Socigty of Mer¢h8nt Venturgr8- Toward8 FOJP operating costs. Including swm tsacher training, arKI sp8aalist lightsng. Lox Lolsurn- Towards cost of a¢￿ssIbil￿ improvements. Quartet Megawatt Fund-Towards cost of energy feasibllity studSes. thernioslal and heal exchanger. Sport Enyland Grant- Towards utllldes costs for operating the pwl. Sport England Small Grants Fund- Towards pKtrsts of st8ff training and d8v8lopm•nt. n8W SOCi81 grrmjp wc*k and pwl inflatabl8. Wakeham Trust- Towards costs of insurancè and costs for opér8ting thè pool. John James Charltablè Trust- towards tha cost of new Ar Handling UniL Grgenhall Foundatlon - trmards the co$1 of gym floor rep81rs. 20 FRIENDS OFJUBILEE POOL IBRISTOLI LTD NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2024 Fund Dgscri tions Restrlct8d- 2024 ontinued Enovèrt Communlty Trust- towards the cost of the new Air Handling Unil and roof impfov¢rnerts. Garfièld Weston Foundation - t(YKards the c4)st of the new Alr Handllng Un51 and roof Improvements. Medlo¢k Charltable TruBt- towards the cost of the new Alr Handlln9 Unll. Tha Ni3b•t Trust- toward8 the cost of the new Air H￿dI￿n9 Urmt. Sirona Foundatlon - towards the cost of roof iMp￿vements. John James Trust- Towards FOJP operating costs Indudlng Bullding insurance and disabiltty access surveys. Poplè Charltable Trust - towards the cost ol the new pool wv8r. W¢$$ex Water Foundatlon - towards the cost of ÉrwranGo. The Foyle Foundatlon - lowards costs ￿ Insurance and ac(x)untsncy fees. West of England Comb5nod Authorfty- towards the cost of pocl repairs. Desl nat*d Capltsl Improvements- Funds set aside under the discr8tk)n of th8 Trustees tow8rd¥ the anticipated costs of the air handling unil. Thg transfer represents a rnovement of funds praviously designated but no longer fequired. 11 Analys15 01 Net Assots b•tw••n Funds As at 31 Decombor 2024 Tanyiblè Fixgd As¥ets Net current Assets Total 2024 RgslrKted funds Ut)restricted funds DeS￿nated funds 1.787 63,381 1,787 277,903 214.522 214.522 65,168 279.￿￿0 As at 31 December 2023 TanglblÈ Flxed sets Ngt current As$gts Total 2023 Restrlcted funds Unrestricted lund8 Designafed fun¢Js 9,319 56,278 20,000 85,597 9,319 60,482 20.000 89,801 4,204 4.204 12 Related partl•s Onè (2023- Nil) trustee ha8 been reimbursed £34012023.. Nill in 2024 for event ￿sts wrehssd on behaff cl FOJP. There are no related party Iransactions in the cutrenl prior year apart from those already disdosed throughout th& report. 21 Audit Trail ## **Document Details** |**Title**|Accounts for signature|| |---|---|---| |**File Name**|Friends Of Jubilee Pool Accounts YE24.pdf|| |**Document ID**|b304b13cc3bd4f8598a7977c964d8414|| |**Fingerprint**|1c35f93a18cf6aafb2df06a8c29f4830|| |**Status**|Completed|| |**Document History**||| |**Document Created**
Document Created by Karen Chelton (karen@burton-sweet.co.uk)
Fingerprint: 7c8c02e6c40a4307549c431171c26fb2||May 19 2025
12:18PM UTC| |**Document Sent**|Document Sent to Julie Laming (jules_laming@fojp.co.uk)|May 19 2025
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Document Viewed by Julie Laming (jules_laming@fojp.co.uk)
IP: 86.181.59.218||May 19 2025
05:59PM UTC| ||Document Signed by Julie Laming (jules_laming@fojp.co.uk)|| ||IP: 86.181.59.218|| |**Document Signed**||May 19 2025
05:59PM UTC| |**Document**|This document has been completed.|May 19 2025| |**Completed**|Fingerprint: 1c35f93a18cf6aafb2df06a8c29f4830|05:59PM UTC|