708516ABERAERON & DISTRICT SWIMMING POOL
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF ABERAERON & DISTRICT SWIMMING POOL.
I report on the accounts of Aberaeron and District Swimming Pool for the Year ended 31[st] March 2024, which are set out in the attached Financial Statements.
Respective Responsibilities of Trustees and Examiner
As the charity’s trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of Section 144 (2) of The Charities Act 2011 does not apply. It is my responsibility to state, on the basis of the procedures specified in the General Directions given by the Charity Commissioners under section 156 whether particular matters have come to my attention.
Basis of Independent Examiner’s Report
My Examination was carried out in accordance with the general directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent Examiner’s Statement
In connection with my examination, no matter has come to my attention:
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Which gives me reasonable cause to believe that in any material respect the requirements of Section 130 of the Act have not been met; to prepare accounts in accordance with the accounting records and accordance to the requirement of the Act.
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To enable a proper understanding of the accounts to be reached in accordance with Section 133 of the Act.
Hayleigh Routledge MAAT 11 Dolystwyth Llanilar
24[th] September, 2024
ABERAERON SCHOOL DISTRICT SWIMMING POOL AND REC PROJECT STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR TO 31ST MARCH 2024
| Year ended 31st March | 2024 | 2024 | 2023 | 2023 |
|---|---|---|---|---|
| INCOME | Unrestricted | Restricted | Unrestricted | Restricted |
| Funding from Local Authority | £40,122.00 | £41,552.25 | ||
| Funding other Grants | £0.00 | £102,854.94 | £0.00 | £101,494.06 |
| Admission charges – General Public | £20,434.35 | £27,908.40 | ||
| Booking charges – Clubs & other Organisations | £62,258.90 | £48,881.30 | ||
| Donations | £2,305.60 | £290.00 | ||
| Sauna | £293.00 | £0.00 | ||
| Retail and Drink Sales | £1,980.50 | £1,299.00 | ||
| Bank Interest Received | £534.78 | £240.91 | ||
| Other income - Providing training | £0.00 | £0.00 | ||
| Income | £127,929.13 | £102,854.94 | £120,171.86 | £101,494.06 |
| TOTAL INCOME | £230,784.07 | £221,665.92 | ||
| EXPENDITURE | ||||
| Opening Stock | £551.60 | £1,010.03 | ||
| Closing Stock | -£977.69 | -£551.60 | ||
| Purchases of Retail Items | £2,547.28 | £1,693.54 | ||
| Cost of Sales | £2,121.19 | £2,151.97 | ||
| Employees | ||||
| Salaries and Wages | £79,123.09 | £72,926.09 | ||
| Travelling | £0.00 | £162.00 | ||
| Premises | ||||
| Repairs and Maintenance – building | £3,183.43 | £1,911.66 | ||
| Repairs and Maintenance – equipment | £4,712.48 | £119,743.34 | £1,490.97 | £102,560.88 |
| Electricity | £7,746.33 | £8,157.00 | ||
| Oil | £19,815.84 | £14,127.76 | ||
| Water | £5,112.21 | £7,237.16 | ||
| Chemical | £3,867.48 | £2,053.92 | ||
| New Equipment | £0.00 | £0.00 | ||
| Establishment Expenses | ||||
| Stationery, Advertising, Telephone | £2,146.51 | £1,632.73 | ||
| Household Expenditure | £3,089.36 | £2,119.58 | ||
| Insurance | £7,936.07 | £6,619.76 | ||
| Miscellaneous Expenses | ||||
| Bank Charges | £1,795.31 | £1,649.29 | ||
| Independent Review | £150.00 | £150.00 | ||
| Course Fees and Training Manuals | £4,644.80 | £3,220.65 | ||
| Sundry | £250.00 | £350.00 | ||
| Legal Fees | £0.00 | £0.00 | ||
| Expenditure | £145,694.10 | £119,743.34 | £125,960.54 | £102,560.88 |
| Total Expenditure | £265,437.44 | £228,521.42 | ||
| NET INCOME FOR THE YEAR | -£34,653.37 | -£6,855.50 | -£1,066.82 | |
| Total Brought Forward 1st April | £57,655.69 | £64,511.19 | ||
| Total Carried Forward to Bal. Sheet | £23,002.32 | £57,655.69 | -£1,066.82 |
BALANCE SHEET OF ABERAERON SCHOOL DISTRICT SWIMMING POOL
AND RECREATIONAL PROJECT AS AT 31ST MARCH 2024
| CURRENT ASSETS | 2024 | 2023 | ||
|---|---|---|---|---|
| Stock | £7,097.58 | £3,217.67 | ||
| Debtors | £1,200.00 | -£1,297.77 | ||
| HSBC Treasurer Account | £12,561.91 | £15,449.80 | ||
| HSBC Money Manager Account | £28,051.35 | £59,853.63 | ||
| Cash in Hand | £215.64 | £448.73 | ||
| Total | £49,126.48 | £77,672.06 | £0.00 | |
| CURRENT LIABILITIES | ||||
| Creditors | £26,124.16 | £20,016.37 | ||
| NET CURRENT ASSETS | £23,002.32 | £57,655.69 | ||
| Retained Funds | ||||
| Balance at 31st March | £57,655.69 | £64,511.19 | £0.00 | |
| Surplus of Income over Expenditure | -£34,653.37 | -£6,855.50 | -£1,066.82 | |
| Balance at 31st March 2024 | £23,002.32 | £0.00 | £57,655.69 | -£1,066.82 |
These accounts have been prepared under the Historic Cost Convention and are in accordance with applicable accounting standards and the Statement of Recommended Practice on Accounting by Charities
In accordance to the instructions given, without carrying out an audit, we provide you with the above summary, from the accounting records, information and explanations supplied to us.
Dated: 23rd September, 2024
Hayleigh Routledge 11 Dolystwyth Llanilar