REGISTERED CHARITY NUMBER: 1208409
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 28TH MAY 2024 TO 31ST AUGUST 2025
FOR
HACKNEY ANACONDA
PREVIOUSLY KNOWN AS HACKNEY AQUATICS CLUB
Richardson Jones Chartered Accountants Mercury House 19-21 Chapel Street Marlow Buckinghamshire SL7 3HN
HACKNEY ANACONDA
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 28TH MAY 2024 TO 31ST AUGUST 2025
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Report of the Trustees | 2 to 8 |
| Independent Examiner's Report | 9 |
| Statement of Financial Activities | 10 |
| Balance Sheet | 11 |
| Cash Flow Statement | 12 |
| Notes to the Cash Flow Statement | 13 |
| Notes to the Financial Statements | 14 to 17 |
| Detailed Statement of Financial Activities | 18 to 19 |
HACKNEY ANACONDA
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE PERIOD 28TH MAY 2024 TO 31ST AUGUST 2025
TRUSTEES S Roberts Co-Chair (appointed 28.5.24) J Calver Co-Chair (appointed 28.5.24) E M Otto (appointed 8.6.25) M Frederick (appointed 1.10.24) T Hargreaves (appointed 28.5.24) K Bansi (appointed 28.5.24) N Taylor (appointed 28.5.24) (resigned 25.9.25) S Capelan Vazquez (appointed 8.6.25) B Stiel (appointed 28.5.24) (resigned 25.3.25) C Werge (appointed 28.5.24) (resigned 29.9.24)
PRINCIPAL ADDRESS c/o New Clissold Leisure Centre 63-67 Clissold Road London N16 9EX
REGISTERED CHARITY NUMBER 1208409
INDEPENDENT EXAMINER Richardson Jones Chartered Accountants Mercury House 19-21 Chapel Street Marlow Buckinghamshire SL7 3HN
Other working names that registered for the CIO are: Anaconda SC; Anaconda Swim School; Anaconda Swimming Club; and Hackney Aquatics Club.
Page 1
HACKNEY ANACONDA
REPORT OF THE TRUSTEES FOR THE PERIOD 28TH MAY 2024 TO 31ST AUGUST 2025
The trustees present their report with the financial statements of the charity for the period 28th May 2024 to 31st August 2025. The trustees have adopted the provisions of 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).
We are delighted to introduce the inaugural Hackney Anaconda Annual Report for 2025. Since establishing as charities in 2024, as a club, we have been through a remarkable journey of development and progress of which we elaborate on through the pages of this report. As Co-Chairs we are incredibly proud of our club’s achievements and offer our deep thanks and gratitude to all that have played a part in that journey: swimmers; coaches; teachers; parents/guardians; volunteers; committee members; our supporters in the councils and broader network of partners. We are very excited as we look to the future and the further realisation of our potential.
The names of the charity trustees who have served during the reporting period:
Stephen Roberts Co-Chair 28-May-24 Jonathan Calver Co-Chair 28-May-24 Sandra Capelan Vazquez Trustee 8-Jun-25 Edward Maurice Otto Trustee 08-Jun-25 Marie-Claire Frederick Trustee 01-Oct-24 Thomas Hargreaves Trustee 28-May-24 Bansi Kotecha Trustee 28-May-24 Nicola Taylor Trustee 28 May 2024 - 25 September 2025 Bjoern Stiel Trustee 28 May 2024 - 25 March 2025 Caroline Werge Trustee 28 May 2024 - 29 September 2024
OBJECTIVES AND ACTIVITIES
Objectives and aims
This report provides information intended to explain how Hackney Anaconda aims to fulfil its legal purpose, the activities it undertakes and what it has achieved. Our charitable objective is as follows:
THE PROMOTION OF COMMUNITY PARTICIPATION IN HEALTHY RECREATION, PRIMARILY BUT NOT EXCLUSIVELY, FOR THE BENEFIT OF THE INHABITANTS OF HACKNEY AND THE SURROUNDING AREAS BY THE PROVISION OF TEACHING, DEVELOPMENT AND COMPETITIVE SWIMMING AND ASSOCIATED ACTIVITIES AND OPEN WATER SWIMMING.
The Trustees have considered the Charity Commission’s guidance on public benefit and confirm that a wide range of activities have been undertaken in relation to this purpose and public benefit. Within Hackney and surrounding areas, we have provided swimming lessons for more than 1,000 young people, coached more than 80 training sessions per week for nearly 800 members including an open water swimming programme and entered more than 40 competitions. Further details are set out below including resources spent on particular activities.
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HACKNEY ANACONDA
REPORT OF THE TRUSTEES FOR THE PERIOD 28TH MAY 2024 TO 31ST AUGUST 2025
ACHIEVEMENTS AND PERFORMANCE Charitable activities
The 2024/25 season has been an extraordinarily good one for Hackney Anaconda both in and out of the pool.
In the pool
Below are some of our in pool highlights from the 2024/25 season.
We would like to thank our superb coaching and teaching teams who have, as they do every season, gone above and beyond in creating a safe and inclusive environment in which our members can grow and develop as swimmers either competitively or socially. A particular shout out must be made to our Director of Swimming David Broadbent for leading the club so effectively and with deep commitment.
Our swimming community has grown and new collaborations with both GLL and Hackney Council, Islington Council, City of London and other partners bode well for the future. The opportunity of working with the Third Space, first highlighted by one of our coaches - Jane Millar, has enabled a significant growth of our learn to swim programme. We are fortunate to have been joined by Dawn Idzikowska who has worked closely with Harry Grubb to reinvigorate our swim school.
The season saw significant disruption due to the unexpected closure of Beacon pool in December. Thanks to Herculean efforts from a core team, with support from Islington Council, the pool is now operating and probably more resilient than it has been for many years. The issues with Beacon led us to significantly restructure our Swim School provision which now means we have a much more robust and resilient distribution of lessons across many pools with a reduced reliance on Beacon. In the season ahead we expect the three-year closure of King’s Hall to start and maintenance work at Clissold for up to 6-10 weeks. Thankfully we now have more pools and facilities available to benefit our members than ever before and we are better placed to absorb pool outages.
It was great to see our members taking part in a multitude of competitions and meets last season including representation at Counties, Regionals and Nationals as well as all the M11 and Arena League. Our teams performed admirably in their respective leagues with our M11 team competing at the national final – a spectacular result of combining swimmers from xHackney Aquatics Club (xHAC) and xAnaconda Swimming Club (xASC) that was a theme for the season. Well done to Michele Davies and Dhaval Gajre for co-leading the M11 team. The season also saw our largest ever number of swimmers attend the Aquatics GB and Swim England summer nationals where they were well supported by David Broadbent, Joe Grubb, Sydney Celul and Sean Curley.
20 of our Masters swimmers qualified for the 2025 British Masters Championships, held here in London for the first time in many years, and performed well. 17 have qualified for the 2025 short course national championships and we are hopeful for another strong performance. A special mention is due to Can Bozkurt for leading the development of these Masters swimmers and effectively supporting our Masters community.
We took a lead role in organising the London Legacy Meet which provided our members and many others in the wider swimming community the opportunity to compete at the London Aquatics Centre that hosted the London 2012 Olympic and Paralympic games. This event was a partnership between ourselves, Camden Swiss Cottage and Greenwich Royals Swimming Clubs.
Our coaches, led by Sean Curley, delivered an exceptional open water swimming programme at the West Reservoir and Parliament Hill Lido. This opportunity for members to try something new and develop their skills lead to our highest ever number of swimmers at London Region’s Open Water championships.
In parallel, 4 club members completed an outstanding English Channel relay crossing under the supervision of the Channel Swimming Association. The swimmers raised £10,000 for Cancer Research UK, were the fifth fastest 4-person relay team in CSA history and the fastest with 16 and 17 year old swimmers.
Club administration
A significant amount of time has been dedicated to bringing xHAC and xASC together over the last year. Many of our systems, processes and policies were aligned but others required a great deal of work to achieve. For example, combining our Team Unify/Sport Engine accounts took a lot of effort but now saves our teams time and the club money. Preparing for the amalgamation of the two previous entities at our Special General Meeting (8/6/2025) and summer party was another enormous undertaking. Like the Charities Commission we take governance seriously and are proud of the teams who worked so hard to make it happen in such a professional manner.
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HACKNEY ANACONDA
REPORT OF THE TRUSTEES FOR THE PERIOD 28TH MAY 2024 TO 31ST AUGUST 2025
The last 12 months have again been hugely challenging trying to manage further increases to our pool costs across all pools that we use and a cost of living crisis affecting many in our community particularly hard. We have been working hard and being smart to reduce our costs and our partnership is a good example of this. We have seen some increases in squad fees and while that is difficult these increases have generally been below inflation.
Our Trustees and committees have taken on a huge workload across a broad range of members. As with any volunteer led organisation we are always on the look out for more people who are willing to take an active role.
We would like to record a special vote of thanks to all our committee members who served during the 2024/25 season. Particular thanks are noted for those who have stood down over the last year.
We have invested in the development of our teams with multiple newly qualified officials, including two new referees, team managers, teachers and coaches. Of particular note: Coach Joe Grubb was selected by Swim England to participate in the Senior Coach development programme towards a Level 3 qualification; and congratulations to Harry Grubb who qualified as a Level 3 Swim Teacher.
HA continues to receive support from Hackney Council, in particular Ian Holland and Ladi Ajayi for which we are grateful. We also receive support from Islington Council, with thanks to Barry Emmerson, and also the City of London Corporation.
We would also like to thank GLL, Everyone Active, Fusion and all of our Leisure Centre Managers, without whom we would not be able to operate.
In the community
Hackney Anaconda believe that swimming should be available to everyone regardless of their socio-economic background.
We have many swimmers who receive significant concessions to their monthly subscriptions and many more that we help with meet entry fees as they start to compete.
Our concession fund is funded through running Club Championships, Development Galas, fund raising days, sponsorship deals and generous individual donations. The last year saw two big fundraising campaigns to boost the xHAC and xASC Access funds which were getting close to depletion.
Running our own Galas is vitally important to the financial health of the club and would not be possible without an army of volunteers who we are extremely grateful to.
We would like to record a special thanks to all our qualified time keepers, judges, starters and referees as well as our Team Managers - all of whom are volunteers. You represent our club with pride at external meets and we could not run our own meets without you. We are delighted so many new trainees have signed up this year and look forward to many more doing so in the year ahead.
HA has relaunched our very successful Young Volunteer Program that trains our teenage swimmers to become coaches or teachers. The program not only gives our young adults the opportunity to give something back but also enables them to earn money at the club and beyond. Thanks to Madison Taylor for getting this up and running again.
We would like to record a vote of thanks to all our volunteers young and old who give generously of their time and in doing so make a huge difference to all our swimmers.
FINANCIAL REVIEW
Financial position
The financial statements for the reporting period 28 May 2024 through 31 August 2025 show the position of the merged Club as if the merger took place on 28 May 2024. It is the first time that the financial results of xHAC and xASC have been presented together.
The results show total funds of £108,727 at 31 August 2025. This includes restricted funds relating to various grants of £4,672 and funds designated for the use of the Access Fund of £16,023. This leaves the Club’s general reserves at £88,032.
The Club made a loss of £46,858 during the year. This was predominantly caused by the issue at Beacon pool which significantly reduced income from the Swim School. We have also identified a number of areas of inefficiency which are bring addressed as part of the merger, and fees for 2025-26 have been set with a view to replenishing the Club’s reserves and project to run next season at a surplus.
Principal funding sources
The principal funding sources are squad fees and swim school fees.
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HACKNEY ANACONDA
REPORT OF THE TRUSTEES FOR THE PERIOD 28TH MAY 2024 TO 31ST AUGUST 2025
FINANCIAL REVIEW
Reserves policy
The Club intends to hold general reserves equal to three months of ongoing expenses. Based on figures for the year to 31 August 2025, this target is equal to approximately £235,000. Reserves are therefore below target, which is in part due to the operational difficulties at Beacon pool during this season. We project to run upcoming seasons at a surplus in order to move our reserves towards this target, but remain conscious of limiting cost increases for members.
FUTURE PLANS
The club’s key plan for the immediate future periods is to consolidate, stabilise and digest the significant change that we have undergone in recent years. Part of this will be a focus on increasing cash reserves as mentioned in the section above, together with ensuring the Swim School continues to be developed across multiple pools to ensure increased resilience to future single pool issues.
Further to this we also plan to consult with members and other stakeholders as to their priorities on how the club should be shaped and developed. Once this consultation is complete these inputs will underpin our future planning and direction setting.
Themes we are currently pursuing exploring include:
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Increasing the feeling of a single unified club community
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Building strong relationships across squads, coaches, and families
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Supporting performance at all levels
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Having clear pathways for progression
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Developing coaching, teaching and leadership
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Growing the club in a sustainable and thoughtful way
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Improving inclusivity and access
At the heart of our future plans is the provision of excellent teaching and coaching for our communities. We will work to ensure that we can meet the needs of all our members regardless of their personal goals or aspirations.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
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HACKNEY ANACONDA
REPORT OF THE TRUSTEES
FOR THE PERIOD 28TH MAY 2024 TO 31ST AUGUST 2025
Hackney Anaconda is constituted as a Charitable Incorporated Organisation (CIO) overseen by the Charity Commission, Companies House, Swim England and the Royal Life Saving Society. Our constitution sets out the fundamentals of our structure, governance and management. That includes the appointment of Trustees who were either nominated then elected at our SGM or will be nominated for appointment at our AGM. Our Trustees and Executive Officers manage the affairs of the CIO and may for that purpose exercise all the powers of the CIO. Our Trustees have appointed members to take on specific roles and responsibilities. These include Welfare Officers, Membership, representatives for Masters, Swim School and Technical Officials.
Additionally, the club has a club management committee and management groups for swim school, squad swimming and Masters swimming which all include at least two Executive Officers (one being a Co-chair and the other being a coTreasurer). Each of these groups meet at frequencies that match their operational needs but at least twice per year. The club management committee is supported by sub-committees focused on the Access Fund, Fundraising and Social activities that meet as required. Sub-committees make recommendations to be ratified at the Club Management Committee or by the Trustees’ Committee.
Our Director of Swimming (DoS) manages all our staff and reports into our co-Chairs. The DoS also attends Club Management Committee meetings and ensures appropriate representation of staff at each of the management groups. Day to day operations are run by the DoS or delegated to Head Teacher or other senior coaches. Plans for squad structure, significant changes to operations and our competition calendar are presented to the Club Management Committee or Trustees for decision making.
Figure 1 sets out this management structure:
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HACKNEY ANACONDA
REPORT OF THE TRUSTEES
FOR THE PERIOD 28TH MAY 2024 TO 31ST AUGUST 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Hackney Anaconda is grateful to our sponsors, supporters, swimming associations, governing bodies and pool operators:
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COMMENCEMENT OF ACTIVITIES
Hackney Anaconda CIO (HA CIO) (previous name Hackney Aquatics Club CIO) was first registered on 28 May 2024 and later acquired the assets and liabilities of the unincorporated association known as Hackney Aquatics Club in September 2024. The net assets transferred on 1 September 2024 from Hackney Aquatics Club to HA CIO totalled £59,123. These form part of the assets transferred figure on page 10.
Merger with Anaconda Swimming Club CIO (ASC CIO)
On 4 July 2025, ASC CIO was removed from the Register of Charities, and its net assets were transferred to HA CIO as part of an amalgamation of the two swimming clubs.
The trustees have considered the requirements of Section 27 of the Charities SORP (FRS 102) and have concluded that the transaction meets the criteria for merger accounting. In particular:
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The charitable purposes of the two charities were substantially the same.
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The beneficiary class was not materially different.
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The trustee bodies were substantially the same.
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No party obtained control of the net assets as a result of the transfer.
Accordingly, merger accounting has been applied in preparing these financial statements.
The cash reserves held by ASC on 1 September 2024 totalled £96,462 and form part of the assets transferred figures on page 10.
All funds transferred were unrestricted.
CHANGE OF NAME
The charity passed a special resolution on 4 July 2025 changing its name from Hackney Aquatics Club to Hackney Anaconda.
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HACKNEY ANACONDA
REPORT OF THE TRUSTEES
FOR THE PERIOD 28TH MAY 2024 TO 31ST AUGUST 2025
FUNDS HELD AS CUSTODIAN FOR OTHERS Not applicable.
31 May 2026 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
................................................................. S Roberts - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HACKNEY ANACONDA
Independent examiner's report to the trustees of Hackney Anaconda
I report to the charity trustees on my examination of the accounts of Hackney Anaconda (the Charity) for the period 28th May 2024 to 31st August 2025.
Responsibilities and basis of report
As the charity trustees 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 Chairty's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, 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:
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accounting records were not kept in respect of the Charity as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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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.
Kevin Ellerby FCA (ICAEW)
Richardson Jones Chartered Accountants Mercury House 19-21 Chapel Street Marlow Buckinghamshire SL7 3HN
Date: 31-05-2026
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HACKNEY ANACONDA
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE PERIOD 28TH MAY 2024 TO 31ST AUGUST 2025
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 23,411 Charitable activities 4 Coaching & development 937,527 Investment income 3 1,670 Total 962,608 EXPENDITURE ON Charitable activities 5 Coaching & development 1,014,138 NET INCOME/(EXPENDITURE) (51,530) Assets transferred Assets transferred 155,585 Net movement in funds 104,055 TOTAL FUNDS CARRIED FORWARD 104,055 |
Restricted funds £ - 12,906 - 12,906 8,234 4,672 - 4,672 4,672 |
Total funds £ 23,411 950,433 1,670 975,514 1,022,372 (46,858) 155,585 108,727 108,727 |
|---|---|---|
The notes form part of these financial statements
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HACKNEY ANACONDA
BALANCE SHEET 31ST AUGUST 2025
| Unrestricted Restricted funds funds Notes £ £ CURRENT ASSETS Debtors 9 12,564 - Cash at bank 142,658 4,672 155,222 4,672 CREDITORS Amounts falling due within one year 10 (51,167) - NET CURRENT ASSETS 104,055 4,672 TOTAL ASSETS LESS CURRENT LIABILITIES 104,055 4,672 NET ASSETS 104,055 4,672 FUNDS 11 Unrestricted funds: General fund Access Fund Restricted funds TOTAL FUNDS |
Total funds £ 12,564 147,330 159,894 (51,167) 108,727 108,727 108,727 88,032 16,023 104,055 4,672 108,727 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 31 May 2026
............................................. S Roberts - Trustee ............................................. J Calver - Trustee
The notes form part of these financial statements
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HACKNEY ANACONDA
CASH FLOW STATEMENT FOR THE PERIOD 28TH MAY 2024 TO 31ST AUGUST 2025
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash (used in)/provided by operating activities Cash flows from investing activities Interest received Net cash provided by investing activities Cash flows from financing activities Cash from assets transferred Net cash provided by financing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
£ (9,925) (9,925) 1,670 1,670 155,585 155,585 147,330 - 147,330 |
|---|---|
The notes form part of these financial statements
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HACKNEY ANACONDA
NOTES TO THE CASH FLOW STATEMENT FOR THE PERIOD 28TH MAY 2024 TO 31ST AUGUST 2025
| 1. | RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES |
|---|---|---|
| £ | ||
| Net expenditure for the reporting period (as per the Statement of | ||
| Financial Activities) | (46,858) | |
| Adjustments for: | ||
| Interest received | (1,670) | |
| Increase in debtors | (12,564) | |
| Increase in creditors | 51,167 | |
| Net cash (used in)/provided by operations | (9,925) |
2. ANALYSIS OF CHANGES IN NET FUNDS
| At 28.5.24 | Cash flow | At 31.8.25 | |
|---|---|---|---|
| £ | £ | £ | |
| Net cash | |||
| Cash at bank | - | 147,330 | 147,330 |
| - | 147,330 | 147,330 | |
| Total | - | 147,330 | 147,330 |
The notes form part of these financial statements
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HACKNEY ANACONDA
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 28TH MAY 2024 TO 31ST AUGUST 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. DONATIONS AND LEGACIES
3.
| Donations INVESTMENT INCOME Deposit account interest |
£ 23,411 £ 1,670 |
|---|---|
continued...
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HACKNEY ANACONDA
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 28TH MAY 2024 TO 31ST AUGUST 2025
4. INCOME FROM CHARITABLE ACTIVITIES
| Activity Swimming School Coaching & development Squad Fees Coaching & development Merchandise sales Coaching & development Open water swimming Coaching & development Grants Coaching & development Swim camp fees Coaching & development Gala entry fees Coaching & development Membership fees Coaching & development Skills Clinics Coaching & development Grants received, included in the above, are as follows: Jack Petchey- Achievers Award Jack Petchey- Education Award Jack Petchey- Leader Award LBH Access Fund Grant Sport Islington Grant |
£ 336,953 356,209 4,331 1,270 16,906 76,046 119,754 21,783 17,181 950,433 £ 5,400 3,006 2,000 4,000 2,500 16,906 |
|---|---|
5. CHARITABLE ACTIVITIES COSTS
| Support Direct costs (see Costs note 6) £ £ Coaching & development 948,961 73,411 6. SUPPORT COSTS Management Finance £ £ Coaching & development 27,678 25,909 Governance Other costs £ £ Coaching & development 12,541 4,905 |
Totals £ 1,022,372 Human resources £ 2,378 Totals £ 73,411 |
|---|---|
7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the period ended 31st August 2025.
Trustees' expenses
The total amount of expenses reimbursed to trustees was £3,802.90. These amounts relate to expenditure incurred by trustees on behalf of the charity and reimbursed to them, including payments made directly for goods and services used by the charity. The nature of these expenses was event-related travel, accommodation, subsistence, and administrative costs. All such expenditure was incurred wholly and exclusively in connection with the charity’s activities, and no amounts relate to personal expenses or benefits of the trustees. The number of trustees reimbursed for expenses was 4.
continued...
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HACKNEY ANACONDA
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 28TH MAY 2024 TO 31ST AUGUST 2025
8. STAFF COSTS
| Wages and salaries Social security costs Other pension costs The average monthly number of employees during the period was as follows: Swimming coaches and teachers Administrative staff No employees received emoluments in excess of £60,000. 9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Other debtors Prepayments 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Taxation and social security Other creditors 11. MOVEMENT IN FUNDS Net movement in funds At £ Unrestricted funds General fund 88,032 Access Fund 16,023 104,055 Restricted funds Jack Petchey Foundation 3,422 Sport Islington Grant 1,250 4,672 TOTAL FUNDS 108,727 |
£ 369,778 11,956 8,940 390,674 28 1 29 £ 260 902 11,402 12,564 £ 4,095 8,714 38,358 51,167 31.8.25 £ 88,032 16,023 104,055 3,422 1,250 4,672 108,727 |
|
|---|---|---|
continued...
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HACKNEY ANACONDA
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 28TH MAY 2024 TO 31ST AUGUST 2025
11. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Access Fund Restricted funds Jack Petchey Foundation Sport Islington Grant TOTAL FUNDS |
Incoming resources £ 951,572 11,036 962,608 10,406 2,500 12,906 975,514 |
Resources expended £ (1,013,659) (479) (1,014,138) (6,984) (1,250) (8,234) (1,022,372) |
Assets Transferred £ 150,119 5,466 155,585 - - - 155,585 |
Movement in funds £ 88,032 16,023 104,055 3,422 1,250 4,672 108,727 |
|---|---|---|---|---|
The assets and liabilities of Hackney Aquatics Club (unincorporated association) were transferred to Hackney Aquatics Club CIO in September 2024. The net assets brought forward total £155,585.
Access Fund
Hackney Anaconda offers financial support to help with the cost of swimming and is committed to the inclusion of the whole community, including those with financial hardships through our Access Fund. The Access Fund offers financial support to swimmers struggling with the cost of swimming through our concession scheme. The Access Fund is available to all members and is subject to a robust application and review process. The Access Fund is generously supported by The Friends Of Hackney Anaconda and ongoing fundraising work of our club members such as our Crowdfunder Campaigns.
Jack Petchey Foundation
The Jack Petchey Achievement Award Scheme is the flagship programme of the Jack Petchey Foundation, operating across 1,800 different schools, groups, and organisations within London and Essex. It aims to enable schools, colleges, and youth organisations to recognize, reward, and celebrate the achievements of their young people. The awards are designed to acknowledge a wide range of achievements, emphasizing effort and doing one's best rather than just being clever or gifted.
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the period ended 31st August 2025.
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HACKNEY ANACONDA
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 28TH MAY 2024 TO 31ST AUGUST 2025
| INCOME AND ENDOWMENTS Donations and legacies Donations Investment income Deposit account interest Charitable activities Swimming School Squad Fees Merchandise sales Open water swimming Grants Swim camp fees Gala entry fees Membership fees Skills Clinics Total incoming resources EXPENDITURE Charitable activities Wages Social security Pensions Facilities Hire Freelance coaches Swim Camp expenses Gala Expenses Swim England Annual Membership Staff Training Kit purchased Uniforms Travelling Support costs Management Sundries Finance Bank & system charges Human resources Software licences Other Insurance Telephone Carried forward |
£ 23,411 1,670 336,953 356,209 4,331 1,270 16,906 76,046 119,754 21,783 17,181 950,433 975,514 369,778 11,956 8,940 334,620 72,775 65,057 29,178 17,844 12,116 12,444 9,070 5,183 948,961 27,678 25,909 2,378 1,135 8 1,143 |
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This page does not form part of the statutory financial statements
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HACKNEY ANACONDA
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 28TH MAY 2024 TO 31ST AUGUST 2025
| Other Brought forward Postage and stationery Advertising & Marketing Entertainment Subscriptions Irrecoverable VAT Governance costs Accountancy and legal fees Total resources expended Net expenditure |
£ 1,143 576 1,373 764 952 7,733 12,541 4,905 1,022,372 (46,858) |
|---|---|
This page does not form part of the statutory financial statements
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