SWIM TORQUAY LIMITED
UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31ST OCTOBEII 2022

SWIM TORQUAY LIMITED
tNDEX TO THE UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 ST ocfoBER, 2022
PAGE NO.
l. Directors. and Trustees. report
2. Profit and Loss Account
34. Balance Sheet
5-6. Notes to the Financial Staternents
7-8 Trading and Profit and Loss Account
9. Independent accountant's report

SWIM TORQUA Y LIMTTED
REPORT OF THE DIRELYORS AND TRUSTEES
The directors and irustee5 present thcir report and ihe finanLial statements for thc year ended 31 st
Octi)IKr, 2022
PRINCIPAL OBJECTS .4ND ACTIN'JTIF.S
The prinLipal objcci and actii'tty of the company continues lo ￿- that ofrunningF k public swiniming
pool. in accordancc with Ihe M¢tnorandum and Articles of AssLKiaiton of ihL company.
REVtEW
Thc company runs the p(h)l and facilities on a sclf-fiDaDcin¥ basis.
CHARIT.4BLE STATUS
The company is a regist¢rcd charitv.
RF.SULT8
The resulis for the year dre s¢t out in the Profil <1[￿ Loss ALLouni.
DIRECTORS
The dircLtors throughoui rhe ￿e8[ *"¢re a% tollows=
R.G.W. Margctts. D. Rob¢rts. (retired I Ith April ?0??) P. Tysu¢. l.. Pitt5. K Merritt.
The compaThy is litnit¢d hv ¥uarantLi and the direciors ha￿e no bcneficial inlcrcst in any shares.
ADMtNISTRATtON
The running nf the pool is undcrtak-en bv a tnanagemeni comtnilt¢c..
The m¢mbers ihroughoul Ihe l'ear ii'erL' as follou'%'.
Mr. R. Margetts, Mr. L. Piiis. Mr. P. Ti"s()c. Mrs. C. WaldoLk. Mr. R
Ms. K. Sundholm. Mrs. R Ives. Nlr. .4 Bouliun. Mrs. K. MerriLk. C W'illiams. A Brooks. L Clark.
Mr Rackhi)l¢r
EXEMPTION
preparing this report. thc directors hai'¢ iaken advantagc ol-lhc %pecial exempiions available to small
companies.
BY ORDER OF TFIE B()ARD
This report was appToved by the Board lif direcroTS and thc TruslLxs on 19" April ?0?3
161rykWUc
Dircclor
r-
RECi1STERED OFFICF.: St Pauls Road. Plainmoor. Torquay. TQ l .lQP
BAN'.KERS.. National WL4tTninstcr Bank plc. l 08 Lnion SirLxl. ToFquaJ'. TQ75PH
REGISTERED COMPANY NUMBER. 01214211
REGISTERED CHARITY NUMBER.. 27?712
Pagc I

SWIM TOR
UAY LTD
UNAUDITED PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31.1022
31.10.22
31.10.21
Turnover
299459
161559
Cost of sales
3295
GROSS PROFIT
296164
159713
ADMINISTRATIVE COSTS
323825
257273
-27661
-97560
Other operdting ineoTn¢
9710
124442
OPERATING LOSS FOR THE YEAR
-17952
26882
Non trading income
2573
392
Profivioss on ordinary activities before taxalion
-15379
27274
Retsined profit brought fonvard
49813
22539
R¢tained profits i loss carried fonwd
34434
49813
The company has neither aquir¢d or ¢ommenc¢d any new b￿lnesS activities in the year nor
discontinued any operdtions and it kn no recognised gains or losses other than th¢ profiEI]oss for the
There is no material difference beTh¥een the profit for this year and the prior year &s shown atrM)ve
and that on the historical cost b&si5
The not¢s set out on pages 5 to 6 fr*rni an inlegrnl part of these accounts
pag¢ 2

WIM TOR
AY LTD
BALANCE SHEET
AT 3 1ST ocfoBER 2022
31.10
31.10.21
Note
FIXED ASSETS
268623
288776
CURRENT ASSETS
Stock
Debtors and prepayments
Bank dep051t
Bank Fundrnising I￿￿SlI
Bank current
C&%h in haTKI
2173
1630
31341
15769
29117
2557
531
60198
7893
163
75719
95653
DEDUCT Creditors and a¢¢n￿lS
Amowits due within l y
Trade cr¢ditors
Other rr¢ditors
Loan Torbay CowJcTI
18472
5563
1500
21556
5534
1500
25535
28590
NET CURRENT ASSETS
50184
67063
LONG TERM LIABILITIES
Loan Torbay Council
io
-157iO
-17250
30i057
338589
RETAINED PROFITS
Ai 1st Novemb¢r, 2021
Deficitlsurplus for the year
Balance carried fonvard
Revaluation reserve
49813
-15379
34434
268623
22539
27274
49813
288776
Carried forward 31.102022
30)057
338589
Continued on page 4
page 3

SWJM TORQUAY LIMITED
UNAUDITED BALANC"E SHEET
(continu¢d frorn the previous page)
In thc dir¢ctors' opinion for thL finai)iial )'car ended 31" OLlcTrbir 10?? IhL coinpany was entitlcd to
exemption undcr sLYtion 447 of the companies Act ?006 Tclaiit)g io Small companics.
No members have required the compani" to obtain an audil ol. ils dLLOLEnts for lh¢ year ended J I"
October 2021 in accordanc¢ with seclivn 476 of ihe Compdnie% ALI 2(K)6
Th¥ directors ackno￿"1cd¥e iheiT rcswnsibility for cornpl)'ing ￿'ith the rcquirL'Tnents of the Act with
rcspect to accounting IfLL)rds and for ihL prepardtion of aLLUUllts.
These accounts have bc¢n prepared in accordance with the pruvisions applicable io ¢oinpanies subjcLt to
the small companics rcgime
In the dire¢tors' opinion thc company was entitled wjdcr seciion 447121 ofih¢ Companies Act 2￿6 to
exemption from th¢ audil of its acc()unts for the year end¢d ) I si O¢iobcr 202?
Th¢ m¢mbLrs havc Dot required thc company to obtain an audit in accordance with stttion 476 of thc
Companies Act
The direct()rs and trustet'% aLknowledeL ihcir responsibility for..
ensuring the compdny kccps acLounling records M'hiLh Lomply M'ith th¢ C'ompani¢4 ALI 200
and
prcparin? dLLounls which gii'L a Iwe and fair i'iew ol-IhL Stal¢ ()f allairs of ihL coinpany as al
the end ()f thL fin1nci21 y¢aT. and of its pn)fit or loss for IhL finanLMI year tii aLLordanLL With
the r¢qiiircmenl% i)f th¢ relefviini dnd whtch othen41i%e Lumply wilh the re4uifLmcntf of the
Companie¥ Acl relating io a¢Lounls so far as applicablc lo ihL company.
The accounts havc been prepared in acLurddnce wilh thc speLldl prol'iqivns in Part Vll of the Companie%
ALt 1985 rclatin¥ io small compant¢5_
Approvcd by the board on April 20?3
Director
Thc notes on pages 5 to 6 forn] atL iDtL-8ral part of thcse accounls
Page 4

SWIM TORQUAY LIMITED
NOTES TO THE UNAUDITED ACCOUNIS
FOR THE YEAR ENDED 31 sr ocroBEIL 2022
I. ACCOUNTING POLICIES
a) Accounting Convention
These financial Sta￿ments have I￿en prepa￿d under the historical cost convention.
b) Depreciation
Depreciation is calculated to write off the cost of tsngible fixed &￿ets in equal annual in5tallments over
thetr useful lives as set out below:_
Lea8ehold Property
25 yeaxs, this being ihe remaining tern) of the lease
Fixtures, Fittings and Equipment 2¢Y/v per annum.
c) Stocks
Slock% are stated at the lower of ￿$t or net realizable value
2. PROPERTY VALUATION
The leasehold pro￿rtY was revalued in 2013 at the cost of the major renovation work undertaken during
the year.
3. TURNOVER
Turnover represents the amount of takings. b(M)kings aTKI sales to customers during the year.
4. STAFF COSTS
2022
2021
Wages and salaries
Social security costs
Pension costs
Self eTnployed teachers
201210
7561
173476
3594
2547
1250
1605
213743
180867
5 OPERATJNG LOSS / PROFrr
This is stated after charging
Depreciation
20153
20153
Page 5

OR
UAY LIMITED
TES TO THE UNAUDITED ACCOUNTS
E YEAR ENDED 31 ST OCTOBER 2022
Fixture5.
Fittin
Plant
6 TANGIBLE FIXED ASSETS
Iand and
Buildin
COSTIVALUATION
At 1st November 2021
Renovation costs
Less Grdllt Sport England
At 3 1st October 2022
35,139
500.000
-50.000
485,139
23.962
IIK).000
-] 00.000
23,962
59,101
600.000
-150.000
509.101
DEPRECIATION
At 1st November 2021
Provision for the year
At 3 1st Oaober 2022
196363
20153
23962
220325
20153
216516
23962
240478
NET BOOK VALUE
At I st Nov¢mb¢r 2021
Depreciation for the year
Balance at 31.102022
288776
20153
288776
20153
268.623
268.623
The Leasehold property was revalued in 2013 at the cost of the major renovation work undertaken
during the year less the amount of th¢ grani received from SI￿ Engjand.
2022
2021
TTade debtors
Other debtors
13586
17755
3704
12065
31341
15769
78091
78091
9 CREDITORS.. amounts falling due within one year
Trade Creditors
7581
10891
5563
1500
4674
16882
5534
1500
Other creditors
Loan TBC
25535
28590
10 LOAN
The long terni loan of £30.ocKI from Torbay Council is repayable in equal quarterly instalments. the
final instalment being due on 1.42034
I I REVALUATION RESERVE
Brought fonvdrd
Depreciation for the year
Carried forward
01.112021
288776
308929
20153
20153
31.102022
268623
288776
Page 6

SWIM TOR
UAY LTD
UNAUDITED TRADtNG & PROFIT & LOSS AccouKr
YeaT ended
Year ended
Year ended 3 1st October 2022
31.1022
COME
Entrance Ftts.. Takings
Group le550ns
Individual lessons (including TTiathlon)
Oddicombe SC
Torquay L¢ander SC
Pool hire schools etc.
Parties
44007
70589
65159
7020
32682
74068
2330
33356
37017
36019
5070
22074
25432
250
159218
295855
Sales- goggle4 hats. badges, certificates etc.
Less Cost of sales
Hairdryers
Car park fees
Vending commission
3584
3295
2325
1846
289
20
479
16
392
1173
298737
160105
Add Other In¢orne-
Bank interest received
Grdnis Torbay Council
HMRC - Furlough pay
National Leisure Recovery Fund
R¢siart Grant
52
37
23764
48940
13458
18000
264272
302579
FUND1141SING:
Awards for All
Tesco
Coop
Legacy..
Donations
Donation WI
Active Devon
Sponsors
Torbay iA)ttery
Friends
Sundry
3333
834
3923
5000
653
400
5000
4256
45
1086
181
34
1086
12
5868
20275
Total Income carried forward
308447
284547
page 7

SWIM TOR
UAY LTD
UNAUDITED TRADtNG & PROFIT & LOSS ACCOUKt
Year ended 31si Ociober 2022
31.10.22
31.10.21
Total Income brought forward
EXPENSES
Rent
Water
308447
284547
9130
7133
24225
1678
210376
3367
6056
5902
10882
16819
1941
178320
2547
1086
7214
18681
1344
3470
658
2360
806
Electricity
Chemica]s
Wag¢s, salaries & contract teachers
Stsff pension
Staff training courses
Insuranc¢
Repairs & renewals
Telepho￿ and intern
Stationery, advertising and otTice equipment
BID
32999
1733
3901
658
3675
806
2031
1753
2245
2710
Bank and card charges
Loan interest
Commission
Cleaning
Waste disposal
Sundry
1297
1834
212
323825
257273
Net loss l surplus
-15.379
27274

David J. Olding
Accountant
71a Cadewell Lane
Torquay
TQ2 7HP
Tel (01803) 614171
SWIM TOR
UAY LIMtTED
ACCOLwfs FOR THE YBAR ENDED 31 ST
TOBER 2022
In my opinion
(a) the accounts of the company for the year ended )151 Ociober, 2022 are Èn
agreement wtth the accounting records k.ept by the company under section 221
of the Companies Act 198)"
(b) having regard only to. and on the basis of. the inforn]ation in those accounting
record& those accounts have been drawTr up in a manner consislent with the
provisions of the Art as specified in subsection (6) of section 249C. so far as
applicable to the compan)..
(c) having regard only to. and on the basis of, the inforn]ation in the accounting
record& the company satisfied the requirements of r£ction 249A(4), for the year
ended )1" October 2022, and did not fall within section 249B(I)(a) to (O at any
time within that financial ye￿.
Davld J. Olding
Accounlant
Page 9