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2024-08-31-accounts

Trustee Annual Report for the year endin 31 Au ust 2024 g g

Charity Name: London Borough of Hounslow Swimming Club

Charity Registra<on Number: 1204274

Charity Address: Isleworth Recrea<on Centre, Twickenham Rd, Isleworth, TW7 7EU

Independent Examiner: Christopher St Clair, Chartered Accountant

Objec<ves and Ac<vi<es

The charity’s objec<ves:

The promo;on of community par;cipa;on in healthy recrea;on, primarily but not exclusively, for the benefit of the inhabitants of the London Borough of Hounslow and the surrounding areas by the provision of teaching/development/compe;;ve swimming and associated ac;vi;es

Main ac<vi<es undertaken for the public benefit:

Delivered 4 fully funded community swimming/water safety/mul;-ac;vity programmes to support vulnerable, marginalised communi;es across genera;ons.

Delivered affordable learn to swim, water safety, development and performance programmes.

Increased volunteering and employment opportuni;es for local young people

Partnered with local organisa;ons to expand our community outreach

All ac;vi;es are aligned with our mission and provide public benefit, in accordance with the Charity Commission’s guidance.

Achievements and Performance

Key achievements during the year:

Provided 155 individuals with fully funded outreach programmes

Secured £81,037 in grants for community outreach programmes (£26000 of which follows on to the following accoun;ng year due to length of projects)

Increased youth volunteering leading to employment opportuni;es for 9 local young people.

Delivered affordable learn to swim, water safety, swim development and performance programmes for 210 local young people

Financial Review

Income total for the year: £232493.37

£1777457.36 unrestricted funds & £55036 restricted funds.

Expenditure for the year: £188651.59

£29036 restricted funds & £159615.59 unrestricted funds.

Reserves:

£26000 restricted reserves. £17841.78 unrestricted reserves.

Reserves policy:

The charity holds a reserve equal to three months of core expenditure.

Structure, Governance & Management

Governing document:

London Borough of Hounslow is affiliated with Swim England, our sport’s Governing Body and is governed by a cons;tu;on adopted on 09 August 2023.

Trustee recruitment and appointment:

Trustees are recruited aligned with our Governing Body’s Swim England Safe Recruitment Policy and annually appointed by majority vote by exis;ng members. All trustees complete induc;on and training required by Swim England regula;ons.

Trustees during Aug 2023-2024:

Declara<on

Approved by the trustees and signed on their behalf by:

Shantel Boothe Da-Costa Chair Trustee

Date 28 May 2025

Profit and Loss

London Borough of Hounslow Swimming Club For the year ended 31 August 2024

Profit and Loss
London Borough of Hounslow Swimming Club
For the year ended 31 August 2024
2024
Turnover
Adult Swim 11,454.00
Bronze 6,411.40
Bronze 1 Monday Only 104.00
County A 6,035.00
County B 16,240.25
Disability Swimming (45.00)
Easy Fundrising 203.60
FISH - (S2 - LTS) 11,164.58
Galas Entries (4,301.19)
Go London 4,142.00
Gold 10,919.25
HERMITS (S1 - LTS) 49,599.20
Inspire Hounslow 29,884.00
Interest Income 786.92
Jack Petchey Award 1,540.63
LBHSC Membership 4,173.25
LTS Membership 4,340.00
Misc Income- clothing, hats etc 333.48
Multivity 21,010.95
Multivity Lunches 94.00
Other Revenue 500.00
Performance 2,512.00
Platinum 10,643.80
School swimming 10,792.00
SEAHORSE - (S3 - LTS) 5,588.00
Silver 6,431.00
STINGRAYS -(S5 - LTS) 1,753.50
Teens 18,037.75
Tesco Grant 360.00
TURTLES - (S4 - LTS) 1,785.00
Total Turnover 232,493.37
Cost of Sales
Admin Staff Cost 6,310.00
ASA Membership 4,420.35
Direct Expenses 53.95
Direct Wages - Instructors 54,338.65
Oaklands Pool Hire 30,412.50
Pool hire - Hanworth 5,323.00
Pool Hire - Heston Hyde 24,589.00
Pool Hire - Heston Lampton 3,072.12

Profit and Loss London Borough of Hounslow Swimming Club

26 Jan 2025 Page 1 of 2

Profit and Loss

2024
Pool Hire - Isleworth 26,768.06
Total Cost of Sales 155,287.63
Gross Profit 77,205.74
Administrative Costs
Audit & Accountancy fees 1,440.00
Bank Fees 2,169.99
Camp October 2023 246.00
Employers National Insurance 411.80
General Expenses 21,733.70
Insurance 967.93
Motor Vehicle Expenses 56.00
Pensions Costs 653.71
Salaries 28,072.74
Staff Training 1,649.00
Subscriptions 1,479.39
Telephone & Internet 110.00
Travel - National 76.70
Wall Climb Bolder 297.00
Total Administrative Costs 59,363.96
Operating Profit 17,841.78
Profit on Ordinary Activities Before Taxation 17,841.78
Profit after Taxation 17,841.78

Profit and Loss London Borough of Hounslow Swimming Club

26 Jan 2025 Page 2 of 2

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of London Borough of Hounslow Swimming Club

On accounts for the year 31 August 2024 Charity no ended (if any) Set out on pages Balance Sheet (1 Page) / Profit & Loss (2 Pages) (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2024 .

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed:[CBStClair] Date: 26 May 2025 Name: Christopher St Clair

Relevant professional Chartered Accountant, qualification(s) or body Institute of Chartered Accountants of Australia (if any):

1

October 2018

IER

Address: 21 College Road Isleworth, Middlesex, TW75DJ United Kingdom

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

2

October 2018

IER

IER October 2018