Company number: 01870925 Charity number: 294117 ## **HAMPTON POOL TRUST** **TRUSTEES’ ANNUAL REPORTS AND UNAUDITED FINANCIAL STATEMENTS** **31 MARCH 2025** **HAMPTON POOL TRUST TRUSTEES’ ANNUAL REPORT for the year ended 31 March 2025** The trustees present their report and the financial statements of Hampton Pool Trust (“the Trust”) for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in the notes to the financial statements and comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association of the charitable company, and 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). ## **OBJECTIVES AND ACTIVITIES** ## **Charitable objectives** The Trust was established to provide swimming and associated facilities at Hampton Swimming Pool, High Street, Hampton for the benefit of all the inhabitants of Hampton and Hampton Hill aforesaid without distinction of sex or political or other opinions and to associate the local authorities, voluntary organisations and the said inhabitants in a common effort to provide in the interest of social welfare such swimming and associated facilities for recreation or other leisure-time occupation with the object of improving the conditions of life of the said inhabitants. ## **Charitable activities** The Trust’s principal activity in pursuit of its charitable objectives is the provision of swimming and associated facilities for the benefit of the community. To raise funds to pursue the charitable objectives, the trustees undertake to produce a series of six Summer Picnic Concerts. The activities to stage the concerts are led by the Summer Picnic Concerts Producer, who is appointed by the trustees. ## **Public benefit** The trustees have taken The Charity Commission’s public benefit guidance into consideration in preparing their statement on public benefit contained within this trustees’ annual report. ## _Trustees’ assessment of public benefit, benefits and beneficiaries_ The main beneficiaries of the Trust are those that make use of Hampton Swimming Pool and its associated facilities and the main benefits provided to those beneficiaries are recreation and other similar leisure-time occupations. The trustees’ assessment of public benefit is therefore based upon the level of use by the local inhabitants of the pool’s facilities and the feedback received from those inhabitants upon their experience of those facilities. 1 | P a g e **HAMPTON POOL TRUST TRUSTEES’ ANNUAL REPORT for the year ended 31 March 2025** ## **Achievements and Performance** Following the very busy year of 2023/24, the HPT Board started 2024/25 looking forward to welcoming our new pool operator South Down Leisure (SDL) in June and to planning and consolidating to enable further progress with the Hampton Pool building development. As can be seen from this year’s report, we had some significant successes, most notably completing Phase 1A of the building development works, the enabling works that precede further development of the facility and signing the Leisure Operating Contract with SDL. While the Board remains committed to proceeding to Phase 1B (the new roof, lift & café) the process of developing the plans to RIBA Stage 4 (necessary to obtain accurate cost estimates) it became apparent by late 2024 that there was a significant funding gap between our reserves and contractor/Quantity Survey cost estimates. The Board decided to proceed with Phase 1A in time to make a material start on works before the deadline of 18[th] February 2025, within the three-year planning permission window. This we achieved. Before starting on the above works, we had to discharge the many planning conditions set by the London Borough of Richmond-upon-Thames (LBRuT) prior to work commencement and occupation of any new space. We also had to agree two separate Works Licenses with the Royal Parks. We mention these aspects of the works as they required much effort and a huge commitment of time from our Trustees. To benefit from the £99,500 grant from the Swimming Pool Support Fund for solar panels and monitoring hardware, we had to install them by 31[st] March 2025, which we achieved. We continued to build our strategic relationships with our key stakeholders; LBRuT and The Royal Parks both. We sought to embed Hampton Pool’s contribution more firmly into LBRuT’s strategy, responding to developments across the borough attending networking events to promote Hampton Pool. At industry level, we continued to work with Community Leisure UK (CLUK), the professional organisation representing charitable leisure trusts across the UK, and Future Lidos Group. Fundraising during this year continued to prove challenging, with a constrained funding landscape and many grant funding organisations continuing to refocus their resources on those in greatest need. However, one notable success in November 2024 was a pledge of £150k from the Garfield Weston Foundation towards our building development costs. As can be seen below, some highlights from our pool operations are increases in the number of child swimmers and GP referrals and a major (37%) year-on-year increase in class attendances. 2 | P a g e **HAMPTON POOL TRUST TRUSTEES’ ANNUAL REPORT for the year ended 31 March 2025** ## **HPT Usage Figures 2024 to 2025** Hampton Pool Trust provided swimming and health and wellbeing benefits to the following groups (figures in brackets provide information as reported in the 2023/24 Trustees’ annual report): during the period 1 April 2024 to 31 March 2025. |1. Total attendance figures:|248,200 (250,846)| |---|---| |2. Total swimming entries:|193,999 (205,017)
_This figure does not include swimming lessons_| |3.Total number of child swimming
entries:|98,324 (95,680)
_This figure includes swimming lessons_| |4. Swimming lesson entries:|51,989 (53,751)| |5. Number of children completing
Stages 1-8 swimminglessons:|112 (120)| |6. Moonlight swims|8 events average 63 people (8 events average 65 people)| |7. TNT:|1,085 (1,135)| |8. NPLQ:|14 courses 142 young people attend (13 courses,136 young
people attended)| |9. Water polo:|1,350 (1,209)| |10. Swim and social club:|3,327 (3,576)| |11. GP referral passes Council free
swims:|105 (93)| |12. RUILs (free swim 3-monthly
referrals)|31 (24)| |13. Gym Attendance:|16,548 (15,465)| |14. Registered annual and monthly
gym members:|283 (268)| |15.Gym Pay-As-You-Go members:|120 (145)| |16. 13-15 members:|102 (95)| |17.Class attendances (including
Aquarobics):|37,653 (27,361)| |18.Christmas Day swimming|1,424 (1,477)| We have improved our capture of data to understand the social value of Hampton Pool using Sport England recognised methodology. This takes the number of active and fairly active regular users of the pool to calculate Physical and Mental Health Social Value based on the health care cost savings for eight health outcomes found in a typical population. The value is based on cost savings associated with the reduced risk and prevented cases combined with reduced GP visits and psychotherapy. ||2024/2025 @ July 2025|2023/2024|| |---|---|---|---| |Social Value Site|£2,624,117|£897,742|_The social value calculator algorithm was_
_updated by Sport England in 2025 to take_
_account of (a) primary value that pertains_
_directly_
_to_
_the_
_individual; and (b)_
_secondary value to society. This change_
_had an impact on the social value directly_
_attributable to Hampton Pool_| |Social Value Per
Person|£239|£66|| 3 | P a g e **HAMPTON POOL TRUST TRUSTEES’ ANNUAL REPORT for the year ended 31 March 2025** We continued to provide open air swimming, health and wellbeing and fundraising facilities for local schools, clubs and teams including: 1. First Stride Events 2. Kingfisher Triathletes 3. Thames Turbo Triathlon Club 4. Teddington Swimming Club 5. Elmbridge Phoenix Swimming Club 6. Swim Lab 7. Richmond Swimming Club 8. South West London Master Swimming Club 9. Old Kingstonian Hockey Club 10. Surrey Canoe Club 11. Blue Marlins Water Polo 12. Twickenham Rowing Club 13. St Mary's & St Peter's Church of England Primary School 14. St Mary's & St Peters' School Parent Teachers Association 15. St James’s Catholic Primary School Parent Teachers Association 16. Carlisle School 17. Clarendon School 18. Teddington School 19. Twickenham Prep School 20. Hampton Pre-Prep and Prep School 21. Hampton School 22. Hampton Junior School 23. Hampton Hill Junior School 24. Malden Oaks School & Tuition Service 25. St George's College 26. Kingston Grammar School 27. Year 6 Parents St James’s School 28. Latchmere Academy Trust 29. 1st Walton (Vikings) Sea Scouts 30. 6th Tolworth Scouts ## **Pool management** The original contract with YMCA St Paul's Group expired at the end of March 2017; subsequently the YMCA operation of Hampton Pool continued under a series of rolling contract extensions. With planning permission confirmed, HPT Board agreed to extend the contract again through to March 2024 anticipating that this would cover the period during which a new long term management agreement would be negotiated. In line with good governance of Trust resources, HPT Board decided to test the market ahead of the award of a new long-term contract for the operation of the pool through and beyond the building 4 | P a g e **HAMPTON POOL TRUST TRUSTEES’ ANNUAL REPORT for the year ended 31 March 2025** work. Support for this review and procurement has been provided by FMG Consulting, a leisure management consultant, with legal advice provided by Winckworth Sherwood LLP. This Operator Procurement Project was overseen by a sub-committee of the Trustees - the Projects Steering Group (PSG) which in turn was ably supported by a member of HPT voluntarily serving as Project Manager. Contract documents were drawn up, including a detailed Services Specification and a select list of suitable pool operators was invited to tender in August 2024. The tender evaluation process was completed and on 18th September 2024 the Board accepted the recommendation by FMG & PSG to appoint South Downs Leisure (SDL) as the Preferred Bidder. This was followed by the Negotiation and Due Diligence stages, culminating in HPT issuing a Letter of Intent to award the Contract to SDL on 27th January 2025. The duration of the contract is for ten years, with potential to be extended by a further 10 years. It is noteworthy that SDL is itself a charity, that both parties see the arrangement as a partnership and that all operating surplus (net profit) will be spent on improving or maintaining Hampton Pool. In January 2025 the extension with YMCA St Pauls Group was further extended to 30th May 2025. The handover to SDL then happened on 1st June 2025. ## **Concerts** The July 2024 Concerts were another set of successful events for the Trust with five sold out evenings. We managed to recover from an unfortunate occurrence with the remaining event when the headline performer pulled out two weeks prior to the concert due to ill health. We managed to book the ELO Experience and sold almost 50% of the tickets in 9 days, with the event still showing a surplus. The success of the events was again due to the large team of volunteers who work throughout the year and during the events and are supported by YMCA staff. We had a first-time appearance from Tony Hadley and returning favourites Kid Creole & the Coconuts, plus several tribute bands. New features for this year included improved sustainability through the use of returnable beer cups plus improved food offerings from the YMCA run “Burger Buoys” and a new external food provider. The customer survey again had a great response with a 30% completion rate and 97% of respondents rating the events very good or good value for money. This level of response helped to deliver a total surplus of £87k to help secure the future of Hampton Pool. ## **Communications and Marketing** Responsibility for marketing the pool continues to rest with the operator, with oversight by HPT Operations and Oversight Committee. The HPT Communications and Outreach Committee has a focus on the long-term future of the swimming pool, building relationships to support this and on communication with the community. 5 | P a g e **HAMPTON POOL TRUST TRUSTEES’ ANNUAL REPORT for the year ended 31 March 2025** During the period the Trust took the decision to merge the Communications and Outreach Committee with the Fundraising Committee due to a considerable overlap of work. Although agreed in principle, difficulty identifying a lead for the combined committee led work to be maintained by existing Board members attending the two committees during the period. Given the procurement and selection of South Downs Leisure as our new operator, the count down to the material start date for building work to commence, and subsequent breaking ground for the enabling works, regular updates to customers and members and neighbours were provided. This was achieved in liaison with the YMCA as existing operator, with the Pool Team and at the end of the period by ensuring effective communication between HPT, Hampton Pool staff and the contractor appointed to deliver the building work. Poolside Chat Summer and Winter issues were circulated by email delivered as print copies to neighbours, and available on the HPT website and YMCA app; regular Chair’s updates to members were issued and Hampton Pool Consultation Group met to discuss new developments and to share news. In addition, social media posts were sent out using a range of channels. During this reporting period we continued to build community engagement – supporting summer and winter community events in the local area, including our regular Christmas activities. This is only possible with the considerable help of our many volunteers from the Trust and associated groups such as the Poolside Swim & BBQ Club. We continued to work with Community Leisure UK (CLUK), the professional organisation representing charitable leisure trusts across the UK, and Future Lidos Group. Outreach work and partnerships with other local charities continued, including Teddington & The Hamptons Rotary Club who invited us to join their Santa Sleigh fundraising route around Hampton on 10 December 2025. We also sought to embed Hampton Pool’s contribution more firmly into London Borough of Richmond strategy, responding to developments across the borough, attending networking events to promote Hampton Pool, such as the Richmond Health and Wellbeing Network and the new Cultural Commissioning Member Network. Liaison with Richmond Council led to a successful application for funding from the Sport England Swimming Pool Support Fund submitted by the Council on behalf of HPT. ## **Building Development Plans** For the financial year 2024-2025 the Trust Board focused on four key workstreams with two deadlines in view. 1. Develop the building plans to RIBA Stage 4 to enable construction works to be costed and to start work by the 18th of February 2025, within the three-year planning permission window, the final date for the material start of our planning permission from LBRUT & GLA. 2. To install the solar panels and monitoring hardware by the 31st of March 2025 to be the final date for submission for funding from the swimming pool support fund. 3. To obtain work licences from The Royal Parks to enable the above works to take place by the dates above. 6 | P a g e **HAMPTON POOL TRUST TRUSTEES’ ANNUAL REPORT for the year ended 31 March 2025** 4. To discharge the many planning conditions set by LBRUT prior to work commencement and occupation of any new space. The preconditions include an archaeological survey, arboriculture survey,- and soil compaction plan, ecological survey including plans for biodiversity net gain, planting scheme, a bat survey, contamination survey – looking for possible contamination from the garage next door, noise and vibration plan, an EV charging plan, sound insulations scheme, travel plan, car park management scheme, S106 commitment and Section 278 works (entrance plans) In addition a full video drain survey was undertaken to identify any issues before construction- and several defects were subsequently repaired , and a soil test and soil strength testing was undertaken to confirm soil makeup and define the foundation strategy. Several of these investigations included the presence of a UXO officer onsite, in the event that any excavations uncovered remnants from WWII. The building plan for phase 1A Entrance way and substation & 1B new roof, lift & café were developed to RIBA Stage 4. A specialist wood contractor, Xylotech, was employed as part of the design team to work on the wooden structural elements, to reduce the design time frame post contract award and more accurately finesse the costs. By November 2024 we were in discussion with contractors aiming for a speedy start of works. However, after receiving contractor costs, and along with our QS estimates, it was apparent that there was a funding gap between our reserves and final costs and we were unable to proceed with the full first two stages. The decision was therefore made to proceed with Phase 1A the entrance and substation and electrical upgrade; basic infrastructure update to meet our material start date of 18th February 2025. These works were started on 4th February 2025 meeting our planning deadline. These works included widening the entrance way for 2-way traffic in and out of the site, creating foundations for the substation and power intake kiosk. Excavating a utility trench for new power cables from the kiosk to the main plant room, diverting the existing gas service into the utility trench, installation of a carpark drain suitable for the proposed SuDS requirements (drainage from the new roof and buildings), Installation of the substation and power intake kiosk. The works continued until the substation was energised on 29th June 2025. Due to research over the last couple of years we became aware that we were not restricted to UKPN as the local DNO for the installation of a substation. Substation installations by Independent Connection Providers (ICP) and adoption by an Independent Distribution Network Operator (IDNO) produced a more cost-effective solution. Quotes were obtained from 3 ICPs and HVSS were selected for the installation. Vattenfall was selected as the IDNO. As mentioned in last year's report Hampton Pool Trust had been awarded £99,495 by the Swimming Pool Support Fund for solar PV panels, gas and electrical monitoring. These funds had an expiry date of end of March 2025. In June 2024 an initial installation of Solar panels was made on the main plant room. When it became apparent that the new Phase 1B roof was not going to be finished in time for a full solar installation by February 2025, a temporary PV installation took place on the existing building roof. Some 54 panels were installed and have proved very effective. Over the summer months they were producing 30 % of the daily power required by Hampton Pool. To date they have produced 32MWh a saving of around £10,000 on electricity costs. 7 | P a g e **HAMPTON POOL TRUST TRUSTEES’ ANNUAL REPORT for the year ended 31 March 2025** Gas and electrical monitoring. Sub Gas meters were installed in the main and small plant room, ladies and gents showers and for the underfloor heating system, this provides detailed breakdown on gas usage across the pool site. Likewise electrical monitoring has been installed on key areas. With an underspend on the solar setup due to lower prices, we were able to seek agreement from Sports England to install sub-water meters across the site. This enables us to monitor water usage in the various areas individually, changing room showers, pools, café and identify any water leaks. All the above is monitored on a web-based platform. Alongside the design and physical works and in preparation for the works, requests and negotiations with the Royal Parks took place to agree the works licences required for the removal of the laurel hedging to the west of the site and gate way, and removal of 2 trees in the carpark; works licence required for the Phase 1A works to commence, and licences for the installation of the substation and for its retention on site. The Works Licence is between The Royal Parks, Hampton Pool Trust and London Borough of Richmond-upon-Thames, with Vattenfall, and UKPN for the substation. Continuing success with fundraising, including securing further capital grants and loans, are key to moving forward with the much-needed next phase of the building development project. ## **FINANCIAL REVIEW** ## **Financial Results of Activities and Events** The activities of the Trust generated a total income for the year ended 31 March 2025 of £667,846 up £233,210, or +54% year on year (2023/2024: £434,636). The main drivers were: (i) income from donations, grants & additional fundraising of £179,043, up £171,689 year on year (ii) an increase of the swimming pool surplus of £47,825, up to £99,285, or +93% year on year. The Trust’s total expenditure for the year ended 31 March 2025 amounted to £475,773 up £164,911 or 53% over the prior year (2023/2024: £310,862). This includes the cost of putting on the Summer Picnic Concerts. Administrative expenses for the Trust (excluding cost of the concerts) were £199,536, up £133,154 (2023/2024: £66,382), driven mainly by professional fees incurred for the building development project. The resulting surplus for the year ended 31 March 2025 was £192,073, up £68,299 year on year, or +55% (2023/2024: £123,774). The pool operations and picnic concerts contributed £99k and £87k respectively. The surplus for the year has been allocated to the Trust's fund reserves. - £139,576 has been added to the restricted income fund, bringing its balance to £151,276 as at 31 March 2025. - £52,497 has been added to the unrestricted general fund, resulting in a year-end balance of £1,801,844. As at 31 March 2025, the Trust's total reserves stood at £1,953,120 (31 March 2024: £1,761,047). 8 | P a g e **HAMPTON POOL TRUST TRUSTEES’ ANNUAL REPORT for the year ended 31 March 2025** ## **Reserves policy** Funds are being specifically retained by the trustees at the present time to safeguard the Trust and to enable the delivery of its charitable objectives, by helping to fund the refurbishment of the swimming pool facilities. In addition, funds are held in case of adverse factors arising beyond the control of the trustees, including climatic conditions and unforeseen major maintenance. ## **Going Concern** The trustees have reviewed the financial forecasts for the Trust and have considered its anticipated income and expenditure commitments for a period of twelve months from the date of approval of this trustees’ annual report. Despite the ongoing cost of living crisis in the UK, triggered by the high inflationary environment, the trustees believe that nevertheless the Trust has adequate liquid resources to continue in operational existence for at least the next twelve months and to meet all of its liabilities during that period in full and as they fall due. For that reason, the trustees continue to adopt the going concern basis in preparing the financial statements. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Members** Anyone over the age of 18 can become a member of the Trust and as of 31 March 2025, there were 431 (2024: 429) members. During the year, 5 members (2023/2024: 5) joined the Trust and 3 members (2023/2024: 9) left the Trust. ## **REFERENCE AND ADMINISTRATIVE DETAILS** The trustees of the charity, who are also the directors of the company, in office since 1 April 2024, are as follows: Nigel Brown Stef Welkers **Finance Director** (appointed 1 September 2025) Mark Doyle (resigned 13 January 2025)[1] Andrew Gill **Chair** Roxanne Glaud Roger Gray **Finance Director** (co-opted 9 May 2024; (from 13 June 2024, until 31 August 2025) elected 13 January 2025, resigned 30 November 2025) ## Grahame Hadden (resigned 18 June 2024) Rick Kershaw **Finance Director** (resigned 18 June 2024) (from 15 June 2023, until 13 June 2024) Stuart Leamy Jill Livesey Gill Radcliffe **Secretary** (elected 13 January-2025) (from 23 January 2025) > 1 Mark Doyle was appointed as Honorary Concerts Promoter at the AGM on 13 January 2025. Honorary appointments are not members of the Board. 9 | P a g e **HAMPTON POOL TRUST TRUSTEES’ ANNUAL REPORT for the year ended 31 March 2025** Jane Savidge Mark Sherwin **Secretary** (resigned 13 January 2025) Katie Sullivan (resigned 13 January 2025) Daphne Wharton (resigned 30 November 2025) Michael White (resigned 30 November 2025) The principal address of the charity and the registered office of the company is Hampton Pool, High Street, Hampton, TW12 2ST. The charity is registered under number the charity number 294117, and the company is incorporated with the company registration number 01870925. The trustees have made the following professional appointments: Bankers: Lloyds Banking Group plc, 83 Clarence Street, Kingston-uponThames, KT1 1RE Accountants: RSM UK Tax and Accounting Limited, Third Floor, One London Square, Cross Lanes, Guildford, Surrey, GU1 1UN Independent Examiner: Kerry Gallagher, FCA DChA of RSM UK Tax and Accounting Limited, Davidson House, Forbury Square, Reading, Berkshire, RG1 3EU ## **Exemptions and Disclosure** No exemption from enclosure requirements applicable to a small charity have been taken in the trustees’s annual report. ## **Funds held as custodian trustee on behalf of others** Although the trust would maintain restricted funds to deal with income that is earmarked for a particular purpose by donors, sponsors, and other funders, Hampton Pool Trust does not hold any funds, and the trustees do not anticipate that it will in the future hold any funds as a custodian for a third party. The report was approved by the trustees on ............................. and was signed for and on behalf of 8th January 2026 the board by .............................Chair Andrew Gill 10 | P a g e **HAMPTON POOL TRUST TRUSTEES’ ANNUAL REPORT for the year ended 31 March 2025** ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF HAMPTON POOL TRUST** I report to the trustees on my examination of the financial statements of Hampton Pool Trust (the charitable company) for the year ended 31 March 2025, which are set out on pages 12 to 20. ## **Responsibilities and basis of report** As the trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act). Having satisfied myself that the financial statements of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charitable company’s financial statements as carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination, I have followed the Directions given by the Charity Commission under section 145 (5)(b) of the 2011 Act. An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently, I express no opinion as to whether the financial statements present a ‘true and fair view’ and my report is limited to those specific matters set out in the independent examiner’s statement. ## **Independent examiner’s statement** Since the company'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, 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 reasonable cause to believe that in any material respect: 1. accounting records were not kept in respect of the charitable company as required by section 386 of the 2006 Act; or 2. the financial statements do not accord with those records; or 3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the financial statements give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or 4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Ireland (FRS 102). 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 financial statements to be reached. ## Kerry Gallagher Signed: …………………………………………………………… ## 09/01/26 Date: …………….………………… Name: Kerry Gallagher, FCA DChA Name of applicable listed body: The Institute of Chartered Accountants in England and Wales Relevant professional qualification or membership of professional body: Chartered Accountant On behalf of RSM UK TAX AND ACCOUNTING LIMITED Chartered Accountants Davidson House, Forbury Square, Reading, Berkshire RG1 3EU 11 | P a g e Page 12 ## **Hampton Pool Trust Statement of Financial Activities Including Income and Expenditure Account for the year ended 31st March 2025** |||**Unrestricted**|**Restricted**||**Unrestricted**|**Restricted**|| |---|---|---|---|---|---|---|---| |||**funds**|**income funds**|**Total funds**|**funds**|**income funds**|**Total funds**| |||**£**|**£**|**£**|**£**|**£**|**£**| |||**2025**|**2025**|**2025**|**2024**|**2024**|**2024**| |**Income**|**(Note 3)**||||||| |**Income and endowments from:**|||||||| |Donations and legacies||5,298|173,495|178,793|6,157|-|6,157| |Charitable activities - Operation of the|swimming|99,285|-|99,285|51,460|-|51,460| |pool|||||||| |Other trading activities||363,967|-|363,967|355,728|-|355,728| |Investments||25,801|-|25,801|21,291|-|21,291| |**_Total_**||494,351|173,495|667,846|434,636|-|434,636| |**Expenditure**|**(Note 4)**||||||| |**Expenditure on:**|||||||| |Raising funds||-292,851|-|-292,851|-246,776|-|-246,776| |Charitable activities - Operation of the|swimming|-149,003|-33,919|-182,922|-60,186|-3,900|-64,086| |pool|||||||| |**_Total_**||-441,854|-33,919|-475,773|-306,962|-3,900|-310,862| |**Net income/(expenditure) and net movement**||52,497|139,576|192,073|127,674|-3,900|123,774| |**of funds**|||||||| |**Reconciliation of funds**|**(Note 12)**||||||| |Total funds brought forward at 1 April||1,749,347|11,700|1,761,047|1,621,673|15,600|1,637,273| |**_Total funds carried forward at 31 March_**||1,801,844|151,276|1,953,120|1,749,347|11,700|1,761,047| **Hampton Pool Trust Unaudited Balance Sheet as at 31st March 2025** Page 13 |**Fixed assets**
Tangible assets
(Note 6)
**Current assets**
Debtors
(Note 9)
Investments
(Note 8)
Cash at bank and in hand
(Note 11)
**_Total current assets_**
**Current liabilities**
**Creditors: amounts falling due within one year**
**(Note 10)**
**_Net current assets_**
**_Total fixed and current assets less current liabilities_**
**Funds of the Charity**
Restricted income funds
(Note 12)
Unrestricted funds
(Note 12)
**_Total funds_**|**2025**
**£**
811,188
296,186
790,900
931,267
2,018,353
876,421
1,141,932
1,953,120
151,276
1,801,844
1,953,120|**2024**
**£**
15,682
389,855
796,630
870,904| |---|---|---| |||2,057,389
312,024| |||1,745,365| |||| |||1,761,047| |||11,700
1,749,347| |||1,761,047| For the year ended 31st March 2025 the charitable company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies. The Trustees responsibilities: The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime. The accounts on pages 12-20 were approved by the trustees and authorised for issue on …........................8th January 2026 and are signed on their behalf by |**.......................................... Chair**|**Date of Approval**| |---|---| |**Andrew Gill**|8 January 2026| **Hampton Pool Trust Notes to the unaudited financial statements for year ended 31st March 2025** Page 14 ## **1 - COMPANY INFORMATION** Hampton Pool Trust (the charitable company) is a private company limited by guarantee incorporated in England and Wales. In the event of the charititable company being wound up, the liability in respect of the gurantee is limited to £25 per voting member of the charitable company. The registered office and principal place of business is at Hampton Pool, High Street, Hampton, TW12 2ST. The charitable company's principal activities are disclosed in the trustee's annual report. ## **2 - ACCOUNTING POLICIES** ## **2.1 - Basis of preparation** These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" under the historic cost convention. The financial statements have also been prepared in accordance with the accounting policies set out below and comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association of the charitable company, and Accounting and Reporting of Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the UK and Republic of Ireland (FRS 102)(effective 1 January 2019) The charity constitutes a public benefit entity as defined by FRS 102. ## **2.2 - Going concern** The trustees have reviewed the financial forecasts for the Trust and have, in particular, considered its anticipated income and expenditure commitments for a period of twelve months from the date of approval of this trustees' annual report. The trustees believe the Trust has adequate resources to continue in operational existance for at least the next twelve months and to meet all its liabilities during that period as they fall due. for this reason, the trustees continue to adopt the going concern basis in preparing the accounts. ## **2.3 - Change of accounting policy** The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note 2.1. ## **2.4 - Changes to accounting estimates** No changes to accounting estimates have occurred in the reporting period. ## **2.5 - Material prior year errors** No material prior year errors have been identified in the reporting period. ## **2.6 Income** **Recognition of income** General donations and other similar types of voluntary income that arise from nonexchange transactions are brought into account when receivable by the charity and donated income is included gross of any attributable tax recoverable, where relevant. Income recognition is therefore determined on the basis of entitlement, probability of economic benefits and reliability of measurement. Donations given for specific purposes are treated as restricted income. All other types of income arising from exchange transactions are accounted for on an accruals basis, being recognised as income when earned by the charitable company. **Offsetting** There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. **Grants and donations** Grants and donations are only included in the SoFA when the general income recognition criteria are met. **Government grants** The charity has not received government grants in the reporting period **Tax reclaims on** Gift Aid receivable is included in income when there is a valid declaration from the donor. **donations and gifts** Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. **Contractual income and** This is only included in the SoFA once the charity has provided the related goods or **performance related** services or met the performance related conditions. **grants** **Hampton Pool Trust Notes to the unaudited financial statements (Continued) for year ended 31st March 2025** Page 15 **Volunteer help** The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. **Income from interest** This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. ## **2.7 - Expenditure and liabilities** **Expenditure** Expenditure is allocated to the cost of raising funds or to the charitable company's principal activity as direct costs where those costs can be identified as being directly related to that activity. All costs that cannot be identified as relating directly to an activity are categorised as either support costs or governance costs. Any costs that cannot be specifically categorised are allocated in proportions based upon a suitable ratio applicable to the nature of the cost involved. |**Taxation**|The Trust is a registered charitable company and as such its income and gains falling| |---|---| ||under section 471 to 489 of the Corporation Tax Act 2010 or section 256 of the Taxation of| ||Chargeable Gains Act 1992 are exempt from tax to the extent that they are applied to its| ||charitable objectives.| |**Deferred income**|The Trust has deferred income relating to advanced ticket sales for the Summer concerts| ||due to take place in the following financial year.| ||During the year, £450,000 of the Pool Improvement fund was transferred from the YMCA| ||St Pauls Group to the Hampton Pool Trust as a prepayment ahead of the full reconciliation.| ||As no binding agreement on the final amount or its terms had been reached by the| ||financial year-end of 31 March 2025, the prepayment has been recorded as deferred| ||income in accordance with Charities SORP (FRS 102). It will continue to be carried on the| ||balance sheet until a formal agreement is reached with YMCA St Pauls Group that| ||establishes HPT’s clear entitlement and any associated conditions or restrictions. Once the| ||agreement is in place and the recognition criteria are satisfied, the appropriate portion will| ||be released to income in the Statement of Financial Activities (either as unrestricted,| ||restricted, or endowment funds as determined by the agreement).| |**Creditors**|The charity has creditors which are measured at settlement amounts less any trade| ||discounts| |**Provisions for liabilities**|| ||A liability is measured on recognition at its historical cost and then subsequently measured| ||at the best estimate of the amount required to settle the obligation at the reporting date| |**2.8 Assets**|| |**Tangible fixed assets for**|These are capitalised if they can be used for more than one year and are valued at| |**use by charity**|historical cost less depreciation.| ||The depreciation rates and methods used are disclosed in note 6.| |**Debtors**|Debtors (including trade debtors and loans receivable) are measured on initial recognition| ||at settlement amount after any trade discounts or amount advanced by the charity.| ||Subsequently, they are measured at the cash or other consideration expected to be| ||received.| |**Current Asset**|In circumstances where cash is placed on deposit for periods of more than three months,| |**investments**|so as to achieve a higher rate of return, these deposits are classified as current asset| ||investments in the balance sheet.| |**Cash at bank and in**|Cash at bank and cash in hand includes cash and short term highly liquid investments with| |**hand**|a short maturity of three months or less from the date of acquisition.| |**Fund accounting**|The general fund comprises the accumulated surpluses of unrestricted income over| ||expenditure, which are available for use in furtherance of the general objectives of the| ||charitable company.| ||Restricted funds are funds subject to specific conditions imposed by donors. The purpose| ||and use of the restricted funds are set out in the notes to the accounts. Amounts unspent| ||at the year end are carried forward in the balance sheet.| Page 16 ## **Hampton Pool Trust** ## **Notes to the Unaudited Financial Statements (Continued) for the Year ended 31st March 2025** ## **3 - INCOME** |**3 - INCOME**||||||| |---|---|---|---|---|---|---| ||**Analysis of income**|**Unrestricted**
**income**
**2025**|**Restricted**
**income**
**2025**|**2025**|**2024**
**Total income**|| |||**£**|**£**|**£**|**£**|| |**Donations and legacies:**||||||| ||Donations and gifts|5,298|-|5,298|6,157|| ||Richmond community fund|-|66,000|66,000|-|| ||Swimming pool support fund|-|99,495|99,495|-|| ||The Marshall Lees Lift fund|-|8,000|8,000|-|| |||5,298|173,495|178,793|6,157|| |**Operation of the Swimming Pool**||||||| ||Share of operating surplus receivable|95,285|-|95,285|47,460|| ||from YMCA St Pauls Group|||||| ||Administration fee receivable from YMCA|4,000|-|4,000|4,000|| ||St Pauls Group|||||| ||**Total**|99,285|-|99,285|51,460|| |**Other trading activities:**||||||| ||Income from the Centenary theatre|-|-
|-|10|| ||concerts|||||| ||Income from the Summer concerts|363,717|-|363,717|354,521|| ||Income from other fundraising activities|250|-|250|1,197|| ||**Total**|363,967|-|363,967|355,728|| |**Income from investments:**||||||| ||Bank interest recievable on short term|25,801|-|25,801|21,291|| ||cash deposits|||||| |**TOTAL INCOME**||494,351|173,495|667,846|434,636|| |**4 - EXPENDITURE**||||||| |||**Unrestricted**|**Restricted**||**Total expenditure**|| |**Analysis**||**expenditure**|**expenditure**|||| |||**2025**|**2025**|**2025**|**2024**|| |||**£**|**£**|**£**|**£**|| |**Expenditure on raising funds:**||||||| |Staging concerts and other fundraising events||276,237|-|276,237|244,481|| |Advertising, marketing, direct mail and publicity||16,614|-|16,614|2,295|| |**Total expenditure on raising funds**||292,851|-|292,851|246,776|| |**Expenditure on charitable activities:**||||||| |Operation of Swimming Pool||||||| |Direct Costs|Depreciation|1,328|5,071|6,399|5,227|| |Support Costs|Professional fees|83,036|-|83,036|45,474|| ||Other costs|54,214|28,848|83,062|4,961|| |Governance|Independent examiners fees|5,080|-|5,080|3,500|| |Costs||||||| ||Other accounting costs|960|-|960|1,012|| ||Insurance|4,385|-|4,385|3,912|| |||149,003|33,919|182,922|64,086|| |||||||| |||441,854|33,919|475,773|310,862|| Page 17 ## **Hampton Pool Trust Notes to the Unaudited Financial Statements (Continued) for the Year ended 31st March 2025** ## **5 - STAFF COSTS** The Trust does not employ any staff and therefore, there were no employees who received total emoluments in excess of £60,000 and there are no amounts to be disclosed in respect of key management personnel Other than in respect of the trustees themselves, the trust is not significantly reliant upon the contributions of volunteers for the running of the operation of the trust. However, the trustees acknowledge the contribution of volunteer in relation to fund raising. ## **6 - TANGIBLE FIXED ASSETS** ## **6.1 - Cost or valuation** |At 1st April 2024
Additions
Disposals
Transfers
At 31st March 2025
**Basis**
**Rate**
At 1st April 2024
Disposals
Depreciation
Transfers
At 31st March 2025
Net book value at 1st April 2024
Net book value at 31st March 2025
**6.3 - Net book value**
**6.2 - Depreciation and impairments**|**Other land &**
**buildings**
**Plant, machinery**
**and motor**
**vehicles**
**Fixtures, fittings**
**and equipment**
**Assets under**
**construction**
**Total**
**£**
**£**
**£**
**£**
**£**
996,552 246,916 - - 1,243,468
- 70,287 - 731,618 801,905
- - - - -
- - - - -| |---|---| ||996,552317,203- 731,6182,045,373| ||Straight Line
Straight Line
Straight Line
Assets under
construction
Straight Line
over 7 to 15 years
over 3 to 10 years
996,552 231,234 - - 1,227,786
- - - - -
- 6,399 - - 6,399
- - - - -| ||996,552 237,633- - 1,234,185| ||| ||- 15,682 - - 15,682| ||| ||- 79,570- 731,618 811,188| ## **7 - OTHER DISCLOSURES** Together the above assets represent substantially all of the Hampton Pool facilities operated exclusively for charitable purposes by the Trust. The pool buildings are owned by the Trust but are situated on Crown property. The Trust occupies the site under a licence agreement with the Royal Parks Foundation, a registered charitable company incorporated in England and Wales. Page 18 ## **Hampton Pool Trust Notes to the Unaudited Financial Statements (Continued) for the Year ended 31st March 2025** ## **8 - INVESTMENT ASSETS** |**Analysis of current asset investments**
Cash or cash equivalents
Other investments
**Total**|**2025**
**2024**
**£**
**£**
790,900
796,630
- -| |---|---| ||790,900 796,630| In circumstances where cash is placed on deposit for periods of more than three months, so as to achieve a higher rate of return, these deposits are classed as current asset investments in the balance sheet. ## **9 - DEBTORS AND PREPAYMENTS** |Trade debtors
Prepayments and accrued income
Amounts owed by YMCA St Pauls Group
**Total**|**2025**
**2024**
**£**
**£**
89,441
-180
103,460
232,727
103,285
157,308| |---|---| ||296,186
389,855| ## **10 - CREDITORS AND ACCRUALS** ## **10.1 Analysis of creditors** |Accruals
Bank loans and overdrafts
Trade creditors
Deferred income
Other creditors
**Total**
Balance at the start of the reporting period
Amounts added in current period
Amounts released to income from previous periods
**Balance at the end of the reporting period**
**10.2 Deferred income**|**2025**
**2024**
**£**
**£**
4,380 5,232
- -
194,948 92,715
677,093 214,077
- -
**Amounts falling due within one year**| |---|---| ||876,421
312,024| ||**2025**
**2024**
**£**
**£**
214,077
158,722
734,085
214,077
-271,069
-158,722| ||677,093
214,077| The deffered income relates to: (i) advanced ticket sales for the Summer concerts due to take place in the following financial year, (ii) £450,000 prepayment in 2025 on the Pool Improvement Fund (see note 15). ## **11 - CASH AT BANK AND IN HAND** |Short term cash investments (less than 3 months maturity
Short term deposits
Cash at bank and on hand
**Total**|**2025**
**2024**
**£**
**£**
559,494
6,104
- -
371,773
864,800| |---|---| ||931,267
870,904| Page 19 ## **Hampton Pool Trust Notes to the Unaudited Financial Statements (Continued) for the Year ended 31st March 2025** ## **12 - THE FUNDS OF THE CHARITY** |**Fund names**
**Purpose and Restrictions**
General fund
U
General fund
Cycling infrastructure fund
R
Provision of cycle rack bays
Richmond community fund R
contribution towards gate
widening
Swimming Pool support
fund
R
contribution towards solar
panels and energy monitoring
The Marshal Lees lift fund
R
contribution towards new lift
**Fund names**
**Purpose and Restrictions**
General fund
U
General fund
Cycling infrastructure fund
R
provision of Cycle rack bays
For the year ended 31st March 2024
**Total Funds as per balance sheet**
For the year ended 31st March 2025
**Total Funds as per balance sheet**|**Fund**
**balances 1st**
**April 2024**
**Income**
**Expenditure**
**Transfers**
**Fund**
**balances 31st**
**March 2025**
**£**
**£**
**£**
**£**
**£**
1,749,347
494,351
-441,854
-
1,801,844
11,700
-
-3,900
-
7,800
-
66,000
- -
66,000
-
99,495
-30,019
-
69,476
-
8,000
- -
8,000| |---|---| ||1,761,047
667,846
-475,773
0
1,953,120| ||**Fund**
**balances 1st**
**April 2023**
**Income**
**Expenditure**
**Transfers**
**Fund**
**balances 31st**
**March 2024**
**£**
**£**
**£**
**£**
**£**
1,621,673
434,636
-306,962
-
1,749,347
15,600
-
-3,900
-
11,700| ||1,637,273
434,636
-310,862
0
1,761,047| The cycling infrastructure fund relates to funding provided by the London Borough of Richmond upon Thames towards the provision of a 20 bay cycle rack. The fund is being reduced over 5 years in line with the depreciation policy of that asset and will be fully depreciated by March 2027. The Richmond Community fund relates to the funding provided by Richmond Council as a contribution towards the gate widening and associated highways changes. This work is all part of the Pool Development commenced in March 2025 and completed after the year end. The improvements will be depreciated in future years. The Swimming Pool Support Fund is provided by Sport England via Richmond Council for the provision of Solar Panels and investment improvements in green energy supplies. The panels were installed in January 2025, and their depreciation started in February 2025. The Marshal Lees Lift Fund, a charity specifically working with Hampton Pool Trust for the provision of lift access to the first floor. This work is part of the overal development of the pool and work has yet to commence. Type of fund U Unrestricted R Restricted ## **13 - ANALYSIS OF NET ASSETS BETWEEN FUNDS** |**As at 31st March 2025**
**Unrestricted income fund**
General fund
**Restricted income fund**
Cycling infrustructure fund
Richmond community fund
Swimming Pool support fund
The Marshall Lees lift fund
**Total Restricted Income Fund**
**Net Assets**
**As at 31st March 2024**
**Unrestricted income fund**
General fund
**Restricted income fund**
Cycling infrustructure fund
**Net Assets**|**Fixed assets**
**Current**
**assets**
**Current**
**liabilities**
**Total**
**£**
**£**
**£**
**£**
734,273
1,943,992
-876,421
1,801,844
7,800
- -
7,800
- 66,000
-
66,000
69,115 361
-
69,476
- 8,000
-
8,000| |---|---| ||76,915 74,361
- 151,276| ||811,188
2,018,353
-876,421
1,953,120| ||**Fixed assets**
**Current**
**assets**
**Current**
**liabilities**
**Total**
**£**
**£**
**£**
**£**
3,982
2,057,389
-312,024
1,749,347
11,700
- -
11,700| ||15,682
2,057,389
-312,024
1,761,047| Page 20 ## **Hampton Pool Trust Notes to the Unaudited Financial Statements (Continued) for the Year ended 31st March 2025** ## **14 - STAFF COSTS** ## **14.1 - Trustee remuneration and benefits** ## **This year** None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity ## **Last year** None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity ## **14.2 - Reimbursement of trustees expenditure** |**Type of expenses reimbursed**|**Type of expenses reimbursed**|||**2025**|**2024**| |---|---|---|---|---|---| |||||**£**|**£**| |Concert Costs||||11,078|5,745| |Support Costs||||1,182|1,019| |**TOTAL**||||12,260|6,764| |Number of trustees||||**5**|**2**| |**15 - TRANSACTION(S) WITH RELATED**||**PARTIES**|||| |**2025**|||||| |**Name of the trustee**|**Relationship to**|**Description of the**|**Amount Added to**|**Balance at**|**Amounts written off**| |**or related party**|**charity**|**transaction(s)**|**fund**|**period end**|**during reporting period**| ||||**£**|**£**|**£**| |YMCA St Pauls|Pool operator|Pool improvement|123,150|879,944|-| |Group||fund|||| |**2024**|||||| |**Name of the trustee**|**Relationship to**|**Description of the**|**Amount added to**|**Balance at**|**Amounts written off**| |**or related party**|**charity**|**transaction(s)**|**fund**|**period end**|**during reporting period**| ||||**£**|**£**|**£**| |YMCA St Pauls|Pool operator|Pool improvement|59,947|756,794|-| |Group||fund|||| The trust is closely related to YMCA St Pauls Group, which is also a registered charitable company incorporated in England and Wales. YMCA St Pauls Group was contracted to manage Hampton Swimming Pool on behalf of the Trust. That contract terminated on 31st May 2025 at which point the contract passed to South Downs Lesiure Limited. In addition to the transactions and balances disclosed in previous notes to these accounts, YMCA St Pauls Group is party to a joint fundraising project with the Trust to generate restricted income held in a Pool Improvement Fund to help towards the costs of pool improvements at the Hampton swimming pool facilities. As part of the transfer of the contract to South Downs Lesiure Limited this fund is to be released to Hampton Pool Trust. During the year, £450,000 of the fund was transferred to the Hampton Pool Trust as a prepayment ahead of the full reconciliation. As no binding agreement on the final amount or its terms had been reached by the financial year-end of 31 March 2025, the prepayment has been recorded as deferred income in accordance with Charities SORP (FRS 102). It will continue to be carried on the balance sheet until a formal agreement is reached with YMCA St Pauls Group that establishes HPT’s clear entitlement and any associated conditions or restrictions. Once the agreement is in place and the recognition criteria are satisfied, the appropriate portion will be released to income in the Statement of Financial Activities (either as unrestricted, restricted, or endowment funds as determined by the agreement). As at 31st March 2025, the total balance of the fund recorded was £879,944, of which £450,000 sits within deferred income. ## **16 - CONTIGENT LIABILITY** Under the terms of the Trust's licence agreement with the Royal Parks Foundation, in the event that the Hampton Swimming Pool site and buildings ceases to be used as a Pool, the Trust has an obligation to reinstate the land to its original condition prior to the Pool being developed. In the opinion of the trustees, the likelihood of this liability crystallising is remote, and consequently, no attempt has been made to quantify the costs of such reinstatement. Furthermore, under the guarantee from the London Borough of Richmond upon Thames, the Trust cannot be held liable for any costs beyond the resources of the Trust at that time.