BOVEY TRACEY SWIMMING POOL ASSOCIATION
Registered Charity No. 300773.
ACTIVITY
The Bovey Tracey Swimming Pool Association is a registered charity run by its committee members. The pool is open from April to September each year for use by the general public. In addition, the pool is regularly hired by local schools and youth organisations.
ANNUAL REPORT
Swimming income for 2023 was down by £2991 on the previous year. Additional swimming income was achieved from swim school, lessons, lifesaving clubs, pool hire and Aquacise. Expenditure was up by £860 on the previous year. Even with a saving of approximately £3500 from the installation of a new solar panel system, the cost of electricity increased to £8415. £6804 was spent on equipment maintenance and replacement during 2023.
The overall effect was an operating loss of £9389, compared with an operating surplus of £389 in 2022. Other income included a grant from the Local Authority, other donations, the surplus on the sale of refreshments and stock in the kiosk, interest received on our investments and fundraising activities. This resulted in the Pool having a surplus of £12505, compared to a surplus of £25535 in 2022. In addition, grants totalling £53,000 were received for the Energy Project which enabled the installation of 3 Phase electricity, solar panels & battery storage, replacement pool water pumps and associated electrical works to help provide renewable and more affordable energy solutions.
- £44864 was spent on the Energy Project and the balance will be carried forward to 2024 to be used towards further energy saving works at the pool.
COMMITTEE MEMBERS 2023
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Martin Brealey - Chairman
Vanessa Steer - Secretary
Claire Wilson - Treasurer
Julie Chew
Laurie Dunkley
Sheena Felton
John Freeborn
Sarah Harris
Julia Hedley
Justine Jones
Jared Wray
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Independent Examiner's Report on the Accounts
I have independently checked these accounts through the vouchers and computerised records given to me. No matters have given me any concern. These accounts provide a proper understanding of the full
activities of the swimming pool.
Neil Tampkins 6 Sorrel Place Newton Abbot
Date: 2nd April 2024
BOVEY TRACEY SWIMMING POOL ASSOCIATION
Registered Charity No. 300773.
INCOME AND EXPENDITURE ACCOUNT
For the year ended 31st December 2023
| 2022 Restricted Unrestricted Funds Funds £390 £2,855 £25,146 -£1,541 £0 ------- ------- £1,314 £25,536 £3,778 £64,824 ------- ------- £5,092 £90,360 ======= ======= |
Total Funds £390 £28,001 -£1,541 ------- £26,850 £68,604 ------- £95,454 ======= |
|---|---|
| Restricted Funds at 31/12/2023 : £4,292 Lifesaving Fund £3,403 £800 Energy Fund £8,936 ------- ------- £5,092 £12,339 |
BALANCE SHEET
As at 31st December 2023
| 2022 | 2023 | |||||
|---|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | Restricted | Unrestricted | Total | |
| Funds | Funds | Funds | Funds | Funds | Funds | |
| £0 | £0 | £0 | Debtors | £0 | £0 | £0 |
| £0 | £2,684 | £2,684 | Prepayments | £0 | £2,981 | £2,981 |
| £5,092 | £77,571 | £82,663 | COIF Charities Deposit Accounts | £12,339 | £94,417 | £106,756 |
| £0 | £10,104 | £10,104 | Natwest Current Account | £0 | £5,466 | £5,466 |
| ------- | ------- | ------- | ------- | ------- | ------- | |
| £5,092 | £90,359 | £95,451 | £12,339 | £102,864 | £115,203 | |
| £0 | £0 | £0 | Less Creditors | £0 | £0 | £0 |
| ------- | ------- | ------- | ------- | ------- | ------- | |
| £5,092 | £90,359 | £95,451 | Net Current Assets at 31/12/2023 | £12,339 | £102,864 | £115,203 |
| ======= | ======= | ======= | ======= | ======= | ======= | |
| M.BREALEY (Chairman) | C.WILSON (Treasurer) |
BOVEY TRACEY SWIMMING POOL ASSOCIATION
NOTES TO THE ACCOUNTS
For the year ended 31st December 2023
1. SWIMMING POOL OPERATING SURPLUS (DEFICIT) - Unrestricted Funds
| 2022 | INCOME | 2023 | 2022 | EXPENDITURE | EXPENDITURE | 2023 |
|---|---|---|---|---|---|---|
| Swimming | ||||||
| £17,862 | Adult single swims | £15,924 | £41,346 | Wages | £42,382 | |
| £13,791 | Junior single swims | £11,798 | £20,815 | Heating | £11,794 | |
| £20,442 | Adult Lane Swims | £18,446 | £10,526 | Chemicals | £10,561 | |
| £374 | Junior Lane Swims | £480 | £3,065 | Water rates | £4,441 | |
| £13,137 | Adult Block Lanes | £15,784 | £3,164 | Insurances | £3,276 | |
| £271 | Junior Block Lanes | £79 | £4,167 | Electricity | £8,145 | |
| £1,306 | Half Pool Hire | £1,248 | £4,081 | Equipment maintenance | £6,804 | |
| £80 | Toddler Pool Hire | £80 | £1,019 | Cleaning | £820 | |
| £7,802 | Other swims/discounts | £8,235 | £475 | Advertising | £372 | |
| £4,630 | Swimming lessons | £2,581 | £282 | Training | £292 | |
| £11,038 | Pool hirings | £6,467 | £398 | Telephone | £381 | |
| £2,835 | Swim School | £2,656 | £4,246 | Sundry Pool expenses | £5,176 | |
| £405 | Lifesaving Club | £1,277 | ||||
| ------- | ------- | ------- | ------- | |||
| £93,973 | £85,055 | £93,583 | £94,444 | |||
| OPERATING DEFICIT | -£9,389 | £390 | OPERATING | SURPLUS | ||
| ------- | ------- | ------- | ------- | |||
| £93,973 | £94,444 | £93,973 | £94,444 | |||
| ------- | ------- | ------- | ------- | |||
| 2022 | 2023 | |||||
| Total | Restricted | Unrestricted | Total | |||
| Funds | Funds | Funds | Funds | |||
| 2. OTHER INCOME | ||||||
| Grants and Fundraising: | ||||||
| £8,360 | Teignbridge District Council | grant | £2,500 | £2,500 | ||
| £6,215 | Other grants & donations | £7,077 | £7,077 | |||
| £3,337 | Surplus on sale of refreshments | £2,432 | £2,432 | |||
| £630 | Bank interest received | £4,092 | £4,092 | |||
| £6,604 | Other fundraising activities | £5,793 | £5,793 | |||
| £1,355 | Lifesaving | £1,227 | £1,227 | |||
| £1,500 | Energy Fund | £53,000 | £53,000 | |||
| £0 | Gift Aid | £0 | £0 | |||
| ------- | ------- | ------- | ------- | |||
| £28,001 | £54,227 | £21,894 | £76,121 | |||
| ------- | ------- | ------- | ------- | |||
| 3. OTHER EXPENDITURE | ||||||
| £841 | Lifesaving | £2,116 | £2,116 | |||
| £700 | Energy Fund | £44,864 | £44,864 | |||
| ------- | ------- | ------- | ------- | |||
| £1,541 | £46,980 | £0 | £46,980 | |||
| ------- | ------- | ------- | ------- |