CHARITY REGISTRATION NUMBER: 701662
Thirsk and Sowerby Swimming Baths Charity
Financial Statements
31 March 2024
CHIPCHASE MANNERS
Chartered Accountants& statulory auditors
384 Linthorpe Road
Middlesbrough
TS5 6HA

Thirsk and Sowerby Swimming Baths Charity
Financial Statements
Year ended 31 March 2024
Page
Trustees, annual report
Independent auditor's report to the members
Statement of linancial activities
11
Statement of financial position
12
Notes to the financial statements
13
The followlng pages do not form part of Ihe financlal statements
Detailed statement ot financial activities
21
Notes to the detailed statement of financial activities
23

Thirsk and Sowerby Swimming Baths Charity
Trustees, Annual Report (contlnued)
Year ended 31 March 2024
The trustees present their report and the financial statements of the charity for Ihe year ended
31 March 2024.
Reference and admlnlstralive delalls
Registered charfty name
Thirsk and SoWe￿Y Swimming Baths Charty
Chayiiy registratlon number
701662
Principal office
Civic Centre
Stone Cross
Northallerton
North Yorkshire
DL6 2UU
Trustees
Represenling North Yorkshire Councll:
Cllr G W Dadd
Cllr D Sladden
Representlng North Yorkshire Education Authority:
Vacancy
Representing Thirsk While Horse Swim Team.
Mrs L Summers
Representing Thlrsk Town Councll:
Cllr D Jackson
Representlng Sowerby Parlsh Council:
Cllr M S Robson {Chairmanl
Cllr G France (resigned 23101120241
Representlng Thlrsk & Sowerby Flalts Proservalion Trust:
Representative by invitation only - Mr G Ellis
Auditor
Chipchase Manners
Chartered Accountants & statutory auditor
384 Linthorpe Road
Middlesbrough
TS5 6HA
Bankers
Lloyds TSB Bank PIC
118 High Street
Northallerton
North Yorkshire
DL7 2UU

Thirsk and Sowerby Swimming Balhs Charity
Trustees, Annual Report IGontlnued}
Year ended 31 March 2024
Struoture. goveynance and management
The charity's objects and regulations are regulated by a scheme dated 10 May 1988 and under that
scheme, it is constituted as an unincorporated association.
The Charity is managed by a Commirtee of trustees appointed in accordance with Sections 7 & 8 01
the Charity Commission Scheme dated 10 May 1988. The trustees meet yearly to consider major
decisions affecting th8 Charity with day-to-day decisions being delegatéd to the principal officers
appointed ffom North Yorkshire Council. Councillor Mr M Robson (Chairman) repla￿d Councillor Mr G
France on 23 Janvary 2024 as the Representative lor Sowerby Parish Council.
Prior to Hambleton Distriot Coun¢il being disbandèd on the 31 March 2023, the Charity had appointed
Mr J Ives the Director of Finance Is 151 Officer) lo act as Treasurer with overall resFK)nsibility lor the
financial management of the CharFty. Mr J Ives ceased his post on the 31 March 2023. The Direclor of
Finance Is 151 Officer) for the new North Yorkshire Council Unitary Authority on 1 April 2023 is Mr G
Fielding.
Responsibility for the day-lo-day operation ol the facility has been delegated by the Truslees to North
Yorkshire Council's - Sport and Aclive Wellbeing Service.
Mi G Fielding is not a trustee of tr7e charity.
Objectives and activities
The object ol the charity is to provide swimming and other sporting facilities to the public. To meet this
objective the charity accepted th8 bid by Hambl8ton District Council to manage the facilities under a
four-year contract commencing 1 April 1996. Since the expiry of this contract a decision is taken
annually on the managemenl arrangements for the facility. In view ol the satisfactory performan￿ by
Hanibleton District Council it was decided al a meeting of Ihe Managemenl Committee on 23 March
202110 extend the managemènt arrangements for an addrtional 1 Q years following the significant
investment made by Hambleton District Council which will provide cèrtainty of arrangements to buth
parties.
The trustees confirm that they have complied with their duly to have due regard to the guidance
contained in the charity cominission's general guidance on public benefit when reviewing the charsty's
aims and objectives and in planning future activities. Since the transition of the ex-Hamblelon District
Council on 1 April 2023 into Ihe new North Yorkshire Council Unitary Authority the same managemenl
arrangements will still be in place with th9 continuing authorily.

Thirsk and Sowerby Swimming Baths Charity
Trustees, Annual Report (oontlnued)
Year ended 31 March 2024
Achievements and performance
Comparative information is shown below.. _
2020121
2021122
2022123
2023124
Public Swimming
10.649
14,241
33,762
34,857
Schools and Clubs
Swims linc parties and
galas)
1,640
4,800
19.519
19,519
Swim Lossons (in
pre-school)
3,268
11,145
33.057
33,933
Zest
9,255
26,033
49,825
60,341
Miscellaneous
704
55
TOTAL
25,516
56,274
136,166
148.650
NB.. COVID-19: 1 st Lockdown 1813120 to July 2020, 2nd Lockdown November 2020, 3rd lockdown
311121 then Lhe project refurbishment began 112121. During this time sessions were restricted.
From 2022 onwards following Covid-19 and Ihe refurbishment usage has settled down at a high level
and is still growing in the area of Health & Fitness (Zest).
The annual customer user suNey120241 results are highltghted below:
Area of servlce
Position
% Good or
Satlsfied 2024
Cleanlin@ss
91Vo
Customer Service
Maintenance
94Y.
Memberships
96°/

Thlrsk and Sowerby Swimming Baths Charity
Trustees, Annual Report (contInv￿)
Year ended 31 March 2024
Pricing
89Y•
Programming
84°/.
Satisfaction rates arè highest in memberships, maintenance and customer seNice which reflects the
high number of members retained at the leisure centre since the relurbishment in 2021. The lowest
scoring area was programming (sessioll availability and range of classes), this was lo be expected as
there is still a nationwide shorlage on slaffing in certan disciplines across the industry following Covid-
19.
Financial review
The Charity's income trom the promsion of swimming and other facilities was £999.160 (2023..
£784,431). The Chariiy received a grant from North Yorkshire Council of £211,447 {2023'. £89,842)
which gave the Charity a tDtal income of £1,210,65812023'. £874,303) which then matched
expenditure in the year to leave the Gharity at a break-even position at 31 March 2024, with the
exception of £51 {2022.' £30) bank Interest received.
Plans for luture periods
The Charity will, in accordance with its objects, continue to provide swimming and other sporting
faciliti&s to the public.
Twstees. responsibilitles statemenl
The trustees are responsible tor preparing Ihe trustees, report and the financial statements in
accordance with applicable law and United Kingdom AccoLtnting Standards (United Kingdom Generally
Accepted Accounting Practice).
The law applicabl6 lo Gharities in England and Wales requires the charity trustees to piepare financial
statements for each year which give a true and fair view of the state of affairs of the charity and of the
incoming resources and application ot resources, of the charity for Ihat pefiod.
In preparing these financial stalements, the trustees ar8 required to..
seletti suitsble accounting policies and then apply them consistently.,
observe the methods and principles in the applicable Charities SORP.,
make judgments and accounting estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charity will continLte in business.

Thirsk and Sowerby Swlmmlng Baths Charity
Trustees, Annual Report {¢oniinugdJ
Year ended 31 March 2024
The trustees are responsible for keeping adequate accounting records that are suff i¢ient to show and
explain the charily's Iransactions and disclose wilh reasonable aGcura¢y at any time the financial
position of the charity and enable them to ensure that the financiai stalements comply with the Charities
Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust
Deed. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irr8gularitles.
The trustees, a
trustees
ual report was approved on 22 January 2025 and signed on behalf ol the board ot
W&
Cllr M S Robson (Chairman)
Trustee

Thirsk and Sowerby Swimming Baths Charity
Independent Audltor's Reporl to the Members of Thirsk and Sowerby
Swlmming Baths Charity
Year ended 31 March 2024
Opinion
We have audited the financial statements of Thirsk and Sowerby Swimming Baths Charity (the 'charity'l
for the year ended 31 March 2024 which comprise the statemeni of financial activities, statement ol
financial position and the Telated notes. including a summary of significant accounting policies. The
financial reporting framework that has been applied in their preparation is applicable law and United
Kingdom Accounting Standards. including FRS 102 The Financial Reporting Standard applicable in the
UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements=
give a true and fair view of the state of the charity's affairs as at 31 March 2024 and of its incoming
resources and application of resources, including its income and expenditure. for the ygar th8n
ended-,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice.,
have been prepared in accordance wilh the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS (UK}l and
applicable law. Our responsibilities under those standards are furth8r described in the auditor's
responsibilities for the audit of the financial stalements section of our report. We are independent of the
charity in accordance with ihe ethical requiremenls that are relevant to our audit of the financial
statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requiremenls. We believè that the audil evidence we have
obtained is sufficient and appropriate to provide a basis for our opinion.
Concluslons relating to going ¢on¢ern
In auditing Ihe financial slalerrients, we have concluded that the trustees, use of the going concem basis
of actounling in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to
events or conditions that, individually or colle¢tively, may cast significant doubt on the chaTlty's ability to
continue as a going concern for a period of at least twelve months from when the financial statemenls
are authorised for issue.
Our responsibilities and the responsibililies of the trustees wlth respect to going ¢oncern are described
in the relevant sections of this report.

Thirsk and Sowerby Swimming Baths Charity
Independent Auditor's Report lo the Members of Thirsk and Sowerby
Swimming Baths Charity (eonilnued)
Year ended 31 March 2024
Other information
The other infoimation comprises the information in¢luded in the annual report, other than the financial
statements and our audilor's report thereon. The trustees are responsible for the other information. Our
opinion on the financial statements does not cover the other information and, 8xcept lo the extent
othe￿1$& explicilly stated in our report, we do not express any lorm of assurance conclusion thereon.
In connection with our audit of th8 financial statements, our responsibility is to read Ihe other information
and. in doing so, consider whether the other information is maierially inconsistent with the financial
statements or our knowledge obtained in the audit or othemise appears to be materially rni$5tat8d. If
we identify SUGh material inconsistencies or apparent malerial misstalements, we are required to
determine whether there is a material misslatefnent in the financial statrements or a material
rnisstatement of the other information. If. based on the work we have perfOr￿ed, we conclude thal there
is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Malters on which we are requlred lo repott by exception
In the light ol the knowledge and understanding of the Gharily and ils environfflent obtained in the course
of the audit. we have not identified material misstatements in the trustees, report.
We have nothing to report in respect ot the lollowing matters in relation lo which the Charilies Act 2011
requires us to report to you if, in our opinion-.
the information given in the trustees, report is inconsistent in any material respect with the financial
statements". or
adequate accounting records have not been kept., or
the financial staternents are not in agreement with the accounting records and returns-, or
we have not received all the informalion and explanations we require for our audtt.
Responsibtlities ol trustees
As explained more fully in the trustees, responsibilities statement, the trusleès ar8 responsible lor the
preparation ol the financial slatemep.ts and lor being gatislied that they give a Irue and fair view, and for
such internal conlrol as the trustees determine is necessary to enable the preparation 0% financial
statements that are free from material misstatement. whether due to Iraud or error.
In preparing th8 financial statements, the trustees are responsible for assessing thè charity's abilily to
continue as a going concern, disclosing, as applicab18, maiters related to going concern and using the
going concern basis of accoLJnting unless the trustees either intend to liquidate the ¢har¥ty or to cease
operations. or have no realistic alternative but to do $0.

Thirsk and Sowerby Swimming Baths Charity
Independent Auditor's Report to the Members of Thirsk and Sowerby
Swimming Baths Charity (coniinued)
Year ended 31 March 2024
Auditor's responsibilities for the audlt of the financlal slatements
Our objectives are to obtain réasonable assurance about whether the financial statements as a whole
are free from maierial misstatement, whpther due to fraud or error, and to issue an auditor's report that
includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee Ihal an
audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered rnalerial if, individually or in the
aggregate, they could reasonably be expected lo intluence the economic decisions of users taken on
the basis of these financial statements.
Irregularities, including fraud, are instances DI non-compliance wlth laws and regulations. We design
procedures in line with our responsibilitlgs, Outlined above, to detect material misstatements in respect
of irregularities, including fraud. The extent to which our procedures are capable of detecting
irregularities, including fraud is detailed below..
The objectives of our audit are to identify and assess the risk of malerial misstatement of the financial
slatements due to fraud or error.11 is also our objective to oblain sufficient appropriate audit evidence
regarding the risks we have assessed and respond as appropriate to them. Even though an audit is
planned and performed in accordance with the ISAS IUKI, an audit has an unavoidable risk that material
misstatemeiits in the financial statements may not b6 detected. In idenlifying and assessing the risk of
material misstatement in respect of irregularities, including fraud. our audit procedures included the
following=
We oblained an understanding of the legal and regulalory frameworks applicable to the charity and
the environment in which they operate.
We obtained an understanding of how the charity ensures their Complian￿ with the applicable
legal and regulatory frawneworks through inquiries to the management and those charged with ensuring
such compliance within the charity. We corroborated our inquiries through a review of transactions within
the financial statements that wer& linked to compliance with laws and regulab'ons. We also ieviewed
any available board minutes.
We assessed the susceptibility of the chartty's financial statements to materlal misstatement wilh
regards to how traud might o¢cur. Audit procedures performed by the team included:
Identrfying and assessing the effectiveness ol controls the management ol the charity has in place
to detect and prevent possible fraud.,
Understanding how those involved with ensuring compliance considered and addressed the
potential override of controls or undue influence over the financial reports",
Challenging any major assumptions and judgemenls Ihat the management used in any signrficant
accounting estimates-,
Reviewing journal entries made with emphasis placed on those with unusual combinations and
those around the accounting year end.. and
Assesslng the extent uf compliance with applicable laws and regulations.

Thirsk and Sowerby Swimming Baths Charity
Independent Auditor's Report to the Members of Thlrsk and Sowerby
Swimming Baths Charity (coniints8d)
Year ended 31 March 2024
As part of an audit in accordance with ISAS IUKI, we exercise prol8ssional judgment and maintain
professional scepticism throughout the audit. We also..
Idenlily and assess the risks of material misstatement of the financial statements. whether due to
fraud or error. design and perform audit procedures responsive to those risks, and obtain audit
evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not
detecting a material misstalemenl resulting from fraud is higher than for one resulting from error,
as fraud may involve collusion, forgery, intentional omissions, misrepresenlalions, or the override
of internal conlrol.
Obtain an understanding of in*ernal control relevant to the audit in order to d8sign audit procedur8S
that are appropriate in the circumstances, bul not for the purpose of expressing an opinion on the
effectiveness of the internal control.
Evaluate the apprapriatenèss of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by the trustees.
Conclude on Ihe appropyiateness of the trustees, use of the going concern basis of accounting
and, based on the audit evidence obtained, wh8tlier a material uncertainty exists related to events
or conditions that may cast significant doub* on the charily's ability lo continue as a going concern.
If w6 conclude that a material uncertainty exists, we are required to draw attenlion in our auditor's
report to the related disclosures in the financial slatemenls or, if such disclosures are inadequate,
to modrfy our opinion. Our conclusions are based on the audit evidence obtained up lo ihe date of
our auditor's report. However, luture evenls or condilions may cause the charity to cease to
continue as a going concern.
Evaluate the overall presenlation, structure and content of the financial statsrnents, including the
disclosures, and whether the finan¢ial statements represent the underlying transa¢tions and evenls
in a manner that achieves fair presentation.

Thirsk and Sowerby Swimming Baths Charity
Independent Audltor's Report to the Members of Thlrsk and Sowerby
Swimming Baths Charity (¢ontinugd)
Year ended 31 March 2024
W8 communicate with those charged with governance regarding, among other matters, the planned
scope and tlming of the audit and signrficant audit findings. including any significant deficiencies In
internal control Ihat we identify during our audit.
Use of our report
This report Is made solely to the charity's members, as a body, in accordance with section 144 of the
Charitiès Act 2011 and regulations made under section 154 of that Act. Our audit work has been
ur7dertaken so Ihat W8 might slate to the charity's members Ihose mallers we are required to state to
them in an audFtor's report and for no other purpose. To the fullest extent permitted by law, we do not
accept or assume responsibility to anyone olher than the chariiy and the charity's members as a body,
for our audit work. for this report, or for the opinions we havè formed.
Christopher Gorman FCA FCCA (Senior StalLrtory Auditor)
For and on behalf of
Chipchase Manners
Chartered Accountants & statutory auditor
384 Linthorpe Road
Middlesbrough
TS5 8HA
22 January 2025
10

Thirsk and Sowerby Swimming Baths Charity
Statement of Financial Activitles
Year ended 31 March 2024
2024
Restricted
funds Total funds Total funds
2023
Unrestricted
funds
Note
Income and endowments
Grant income
Charitable activit18S
Investment income
211,447
999,160
51
211,447
999,160
51
89,842
784,431
30
Total income
1,210,658
1,210,658
874.303
Expenditure
Expenditure on charitable activities
Total expendlture
7,8 (1 ,210,6071
(1 ,210,6071
(1,210,60n 1874,273)
11,210,607) {874,273)
Net income
51
51
30
Other recognised gains and losses
Revalualion of tangible fixed assets
Nel movemenl in funds
240,490
51
51
240,520
Reconciliation of funds
Total funds brought foNard
Tolal tunds ¢arried fO￿ard
218
4.782,490
4.782,708
4,542,188
4,782,708
269
4.782,490
4.782,759
The statement of linancial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on page$ 13 to 19 form part of these finan¢ial slatement$.
11

Thlrsk and Sowerby Swimming Baths Charity
Statement of Financial Position
31 March 2024
2024
2023
Nole
Fixed assels
Tangible fixed assels
13 4,782.490
4,782,490
Current assels
Debtors
Cash at bank and in hand
14
63,141
269
22,484
218
63,410
22,702
Credltors: amounts falllng due withln one year
Net current assets
15
163,141)
269
{22,4841
218
Total assets less Current liabilitles
4.782,759
4,782,708
Funds ol the charity
Restricted funds
Unrestricted funds
4,782,490
269
4,782,490
218
Total charlty lunds
16 4,782,759
4,782,708
These financta
ements were approved by the board of trustees and authorised for issue on 22
Januar
, and are signed on behalf of the board by:
Cllr M S Robson (Chairman)
Trustee
The note$ on pages 13 to 19 forni part of these flnancial slatemenls.
12

Thirsk and Sowerby Swimmlng Baths Charity
Notes to the Financial Statements
Year ended 31 March 2024
General Inlormation
The charity is a public benefit entity and a registered chaiity in England and Wales and is
unincorporated. The address of the principal olfice is Civic Centre, Stone Cross, Northallerton,
North Yorkshire, DL6 2UU.
Stalement of compllance
These linancial statements have beon prepared in compliance with FRS 102, The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Fteporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities
SORP {FRS 10211 and the Charities Acl 2011.
Accountlng polSclès
Ir￿coVerable VAT
Irrecoverable VAT is shown as a separate cost on th8 financial statements.
Basis of prepar8tion
The financial slalements have been p¥epar8d on the hislortcal cost basis, as modrfied by the
revaluation ot celtain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial slalements are prepared in slerling, which is the functional currency of the entity.
Going concern
The key risk to the charity is a change in the temis or substantial amendment lo the current
conditions of the agreement for contracted services with North Yorkshire Council (formerly
Hambleton District Council). The trustees have prepared the account on the going COn￿rn basis
based on North Yorkshire Council Ifonrerly Hambleton District Council) continuing to provide
services to the trust under the current contract for services.
After making their enquiries, the trusiees have found no reasons to indicate Ihal North Yorkshire
Council (formerly Hambleton District Council) will not continue under the current arrang8ment for
the foreseeable future.
Disclosure exemptions
The enlity satisfies the criteria of being a qualrfying enttty as defined in FRS 102 Section 1 A. As
such, advantage has been taken of ihe followir)g disclosure exemptions available:
There is no cash flow statemont included.
Judgements and key sources ol estlmation uncertainty
The preparalion ol the financial statements requires management to make judgements, estimates
and assumptions that affect the amounts reported. These eslimales and judgements are
continually reviewed and are based on experience and other factors, Including expectations ol
future events that are believed to be reasonable under thè circumstances.
13

Thirsk and Sowerby Swimming Baths Charity
Notes to the Flnancial Statements {continuèd)
Year ended 31 March 2024
A¢countlng policies (¢ontinu*d)
In¢ome tax
The charity is exempi frorn corporation tax on its chariiable activities.
Fund 8ccountlng
Unrestricted funds are available tor use at the discretion of the truslees to further any of the
charity's purposes.
Reslriclad funds are subjected lo restrictions on their expenditure declared by the donor.
Incoming resources
All income is included in the statement of ftnancial activities when entitlement has passed to the
charity, it is probable that the ecollomic benefits associated with the transaction will flow to the
charity and the amount can be reliabty ¥neasured. The following specific po5icies are applied to
particular categories ot income..
income from donations or grants is recognised when there is evidence of entitlement to the gfft,
receipt is probable and ils amounl can be measured reliably.
income from activities and services provid8d is recognised when the activity or service takes
ace.
Resources expended
Expenditure is recognised once there is a legal or construclive obligalion to make a payment to a
third paty, and it is probable that settlement will be required and Ihe amount ot the obligation Can
be measured reliably. On the financial statemenls expenditure on chaTltable acltvilies includes all
costs incurred by a charity in undertaking activities that fL5rther its charitable aims lor the benefit of
its beneficiaries, including those support costs and cosls relating to the governance of the charity
apportioiied to charitable activities.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at Gost less any accum(Jlated
depreciation and impairment losses. Any tangible assets Garried at revalued amounts are recorded
at the fair value at the date ol revaluation less any subsequent accumulated depreciation and
subsequent accumulated impairment losses.
An increase in the carrying amount ol an asset as a result of a revaluation, is recognised in other
recognised gains and losses. unless it reverses a charge for impairment that has previously been
recognised as expendilure within the statement of financial activities. A decrease in the carrying
afflount of an asset as a result of revaluation, is rècognised in other recognised gains and losses,
except to which it offsels any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the statemenl of financial activities.
14

Thirsk and Sowerby Swimming Baths Charity
Notes lo the Financial Statements (conllnu*d)
Year ended 31 March 2024
Accounting polict8S (eontlntsgd)
Impaiment of flxed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being gstimaled where suGh indicators exist, Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting dale.
For the purposes of Impairment testing, when it is not possible to estimate the rgcoverable amount
of an individual asset, an estimate is made of the recoverable amount ol the cash-generaling unit
to which the assel belongs. The cash-generating unit is the sma518st identifiable group of assets
that includes the asset and generates cash inflows that largely indep8nd8nt of the cash inflows
from other assets or groups of ass8ts.
For impairment testing ot goodwill, the goodwill acquired in a business combination is. from the
acquisition date, allocated to each ol the cash-generating unils that are expeoted to benefFt from
the synergies ol Ihe combination, irrespeotive of whether other assets or liabilities of the charity
are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when th& enlity becomes a party to the
conlractual provisions ol Iho instrument.
8asic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs, unless the arrangement constitutes a financing transaction, where it
is recognised at the present value of the luture payments discounted at a market rate of interest
for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other consideration
8xpe¢ted to be paid or received ancj not discounted.
Debt instTumenls are subsequently measured at amortlS6d cost.
Grant income
Unrestricted Total Funds Unrestricted Tolal Funds
Funds
2024
Funds
2023
Grants
North Yorkshife Council grants (prior
year HDC}
211,447
211,447
89,842
89,842
15

Thirsk and Sowerby Swimming Baths Charity
Notes to the Financial Statements (contlnuÈd)
Year ended 31 March 2024
Charitable actlvlties
Unreslricled Total Funds Unrestrlcted Total Funds
Funds
2024
Funds
2023
Vending, èquipment and badges sales
Facilities charges
Other income from charitable activities
12,069
978,559
8,532
12,069
978,559
8,532
14,732
757,122
12.577
14,732
757,122
12,577
999,160
999.160
784,431
784,431
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Bank interest receivable
51
51
30
30
Expenditure on ¢harltable a￿1VItieS by fund type
Unrestricted Total Funds Unrevlricted Total Funds
Funds
2024
Funds
2023
Contracted services
Support costs
999,160
211,447
999,160
211,447
784,431
89,842
784,431
89,842
1,210,607
1,210,607
874.273
874,273
Expenditure on charitable activilies by activity iype
Activities
undertaken
direcuy
Support Total funds
costs
2024
Total fund
2023
Contracted services
Governance costs
999,160
999,160
211,447
784,431
89,842
211,447
999,160
211,447
1,210,607
874,273
Analysis of support costs
The beklw shows a breakdown of the support and governance costs..
2024
2023
Audit lees
Accountancy lees
Irrecoverable V AT
4,500
4,000
17,710
68,132
206,947
211,447
89,842
16

Thirsk and Sowerby Swimming Baths Charity
Notes to the Financial Statements (contlnuedj
Year ended 31 March 2024
10. Audltors remuneration
2024
2023
Fe6s payable for the audlt ol thè flnancial statements
4,500
4,000
11. Stgfl costs
The charity does not have any employees and therefore has no staff costs. All of the slaff involved
in the operation of the swimming baths ar8 emplayed by North Yorkshire Council (Hambleton
Distriet Council in the prior yèarl.
12. Trustee remuneration and èxpenses
There was no trustee remun8ration in the year.
No trustees received any expenses during the year12023.' nil).
13. Tanglble flxed assets
Freehold
property
Freehold
land
Total
Cost
At 1 Aprfl 2023 and 31 March 2024
Deprecialion
At 1 April 2023 and 31 March 2024
Carrying amount
At 31 March 2024
4,504,490
278,000
4,782,490
4,504,490
278,000
4,782,490
Al 31 March 2023
4,504,490
278,000
4.782,490
Tangible fixed assets held at valuation
On 12 April 2023 the above property was valued by an independent valuer Align Pfoperty Partners
(Mr G Tyerman MRICSI. The overall valuation was £4,782,490 as seen above which can be
categorised as the building element with a value 01 £4.504,490 (2023= £4,504,490}, and the site
element wilh a value of £278,00012023-. £278,000). The trustees are of the opinion that the value
of the property has not changed materially to the year ended 31 March 2024.
The legal ownership of the land and buildings listed above is with North Yorkshire Council (prior
year Hambleton District Council}. whom act as a custodian trustee of the unincorporated charity.
Tha beneficial ownership of tho land and buildings is w(th Thirsk and Sowerby Flatts PreseTvation
Trvsl.
17

Thirsk and Sowerby Swimmlng Baths Charlty
Notes to the Financial Statements (contlnuedj
Year ended 31 March 2024
14. Debtors
2024
2023
Trade debtors
63.141
22,484
15. Creditors: amounts falllng duo wlthln one year
2024
2023
Trade creditors
63,141
22,484
18. Analysis of charitable lunds
Unrestricted funds
Gains and
At
losses 31 March 24
At 1 April 23
Income Expenditure
General funds
218
1,210,658 11,210,607)
269
Gains and
At
losses 31 March 23
At 1 April 22
Income Expenditure
General funds
188
874,303
1874,273)
218
UnrestrictÈd funds are expendable at the discrelion of the trustees to further the objectives of the
charity.
Restricted funds
Gains and
At
losses 31 March 24
At 1 April 23
Income Expenditure
Freehold Propety Fund
4,782.490
4,782,490
Gains and
At
losses 31 Mafch 23
At 1 April 22
Income Expenditure
Freehold Property Fund
4,542,000
240,490
4,782,490
The Freehold Property Fund represents capital lunds whereby the assets, which in Ihis Gase
consist of the swimming baths property. are required to be retained for actual use, rather than
expended.
18

Thirsk and Sowerby Swimming Baths Charity
Notes to the Financlal Statements (continue(l)
Year ended 31 March 2024
17. Analysis of net assets between funds
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
4,782,490
4,782,490
207,726
1207,457)
4,782,759
207,726
{207,4571
269
4,782,49CI
Unrestricted
Funds
Restrieled Total FLtnds
Funds
2023
Tangible fixed assets
Current assets
Creditors less Ihan 1 year
Net assets
4,782,490
4,782.490
22,702
(22,484}
4,782.708
22,702
122,4841
218
4,782,490
18. Financial instruments
There were no non-basic financial instruments used in the year.
19. Related partles
On l April 2023, a new unitary council was launched named North Yorkshire Council, which unrfied
seven existing councils in the region. including Hambleton District Council, which previously dealt
with the day-lo-day operations. Therefore, responsibility for the day-to-day operation of the
Swimming Balhs now rests with Noilh Yorkshire CDuncil whom provide the necessary slaff and
equipment.
Duringthe year North Yorkshire Council received managementfees totalling £999,160 {Hambleton
District Council in 2023: £784,431 }-
During the year North Yorkshire Council made grants to the charity totalling £211,447 (Hambleton
District Council in 2023: £89,842}, which were largely to cover irrecoverable VAT, the financial
audit fee and a charge lo administer the management accounts.
At the year-end the amount due both to and from North Yorkshire Council an70unled to £207.457
(Hamblelon District Council in 2023.. £22,484}.
19

Thirsk and Sowerby Swimming Baths Charity
Management Information
Year ended 31 March 2024
The followlng pages do not form part ol the financial statements.

Thirsk and Sowerby Swimming Baths Charity
Detalled Slatement of Financlal Activilies
Year ended 31 March 2024
2024
2023
Income and endowments
Grant Income
North Yorkshire Council grants (prior year HDC)
211,447
89,842
Charltable actlvities
Vending, equipment and badgés sales
Facilities charges
Other income from Gharitable activities
12,069
978.559
8,532
999,160
14,732
757,122
12,577
784,431
Inveslment Incorne
Bank inlerest receivable
51
30
Total income
1,210.658
874,303
Expenditure
Expenditu￿ on charltable activities
Purchases
Legal and professional fees
Irrecoverable VAT
(999,160) (784,431)
(4.500)
{21,710}
1206,947)
<68,132}
11,210,607) (874,273}
Total expenditure
11,210,60n 1874,2731
Net income
51
30
21

Thirsk and Sowerby Swimming Baths Charity
Notes to the Detalled Statement of Financial Actlvities
Year ended 31 March 2024
2024
2023
Expenditure on charltable actlvltles
Contracted services
Activities undertaken dA￿llY
Contracted seNices
{999.160) (784,4311
Governance cosls
Audit fees
A¢countaney fees
Irrecoverable VAT
{4,500}
{4,0001
{17,710)
168,1321
{89,842)
1206,947)
1211,447)
Expenditure on charltable aclivlties
(1,210,60n 1874,2731