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2024-12-31-accounts

Scotia Amateur Swimmin Club g

Scottish Charit number SC049796 y

Annual Re rt and Financial Statements po

For the 12 months ended 31 December 2024 Pre ared b Chris Collin wood p y g

Trustees’ Annual Report for the 12 months to 31 December 2024

Scotia Amateur Swimming Club is a Scottish Charitable Incorporated Organisation (SCIO) regulated by the Scottish Charity Regulator (OSCR). The application to become a SCIO was granted on 04 December 2019.

The trustees have pleasure in presenting their report together with the financial statements for the 12 months from 01 January 2024 to 31 December 2024.

Charity Name

Scotia Amateur Swimming Club (Scotia ASC)

Charitable Purpose and Objective

To promote the public participation in aqua sports by providing training, competition and coaching in a safe environment for all ages.

Charity Number

SC049796

Address

The Leisuredrome, Balmuildy Road, Bishopbriggs, G64 3HD

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CURRENT TRUSTEES OFFICE HELD
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OTHER COMMITTEE MEMBERS

Constitution

Scotia ASC is incorporated as a SCIO. It was registered in its current legal form on 04 December 2019. The club was previously an unincorporated association but changed its legal form to a SCIO. Club assets were transferred from the unincorporated association into the SCIO at the beginning of 2020. The charity has income below £250,000 pa and, as such, is eligible to prepare its accounts on a receipts and payments basis. The governing body does not require the charity to prepare fully accrued accounts and neither does it require an audit.

Appointment of Trustees

Trustees are elected at the Annual General Meeting which is normally held each March. There must be a minimum of 7 Trustees. Any club member or parent of club member is eligible to become a Trustee. The Trustees appoint the Management Committee who deal with the day to day running of the club. The Trustees seek the views of the membership when appointing the Management - Committee. However, any decision regarding the make up of the Management Committee rests with the Trustees.

Objectives and Activities

The club’s charitable purpose is to promote the public participation in aqua sports by providing training, competition and coaching in a safe environment for all ages. Complying with all appropriate - rules and bye laws promulgated by the Scottish Amateur Swimming Association.

The club offers coached training sessions to its junior and senior members. It aims to inspire new and existing members to engage in a healthy approach to competition, while providing an aspirational environment to personal achievements and team success.

Chair’s Report

This year has been another of successes and challenges for our Club. The Club continues to grow, and we now have the biggest number of swimmers since the pandemic, thanks in particular to our coaches expanding the junior section of the Club meaning we have plenty of keen young swimmers at entry level which we hope will swell the upper squads with talent in time.

Feedback from meets is always positive, with PBs smashed every time and lots of medals too. Several parents have trained to be Timekeepers and our Head Coach has been training up our Poolside Helpers both formally and informally. We also had another group of senior swimmers attend the Scottish Swimming Young Volunteer residential Programme, a positive experience for all that has helped them contribute to ideas for Club improvement.

We completed the EDLC Minimum Operating Standards Process easily in June of 2024 and have been working tirelessly behind the scenes to gather evidence to become Aquamark accredited with Scottish Swimming. We are now pleased to announce that we have very recently been awarded Level 1 Aquamark accreditation and will shortly have a presentation ceremony with Scottish Swimming to receive our award.

Finally, we want to congratulate all the swimmers in the club who have represented the club at competitions throughout the year, in particular we want to applaud those swimmer who have achieved Scottish National Age Group (SNAGs) times, and we wish you all the best when you represent the club in Aberdeen in April. #GoTeamGreen

Membership Summary

Membership numbers January 2024 total 112

Membership numbers Dec 2024 total 127

Social

We hosted another very successful annual awards night in February 2024 and our club championships in November 2024. We also ran summer social events at FlipOut in July 2024 and Pinkston Watersports in August 2024.

Financial Review of 2024 Accounts

I have undertaken a thorough review of the Club’s financial position and I am comfortable that the undernoted is an accurate reflection of the financial position throughout the year. These figures have not been subjected to an independent examination.

The income and expenditure account show a net profit of £13,240 for the year ended 31 December 2024.

Income

The club’s income is generated primarily from monthly training fees and membership fees. Scotia ASC was able to operate throughout the entirety of 2024 and the fees represent a full 12 months. Due to an increase in the club’s membership and a fee rise, the fees for 2024 were over £13,000 more than 2023.

The only other income source for the club is via grants, donations and fundraising activity. We successfully applied for two grants in 2024: Foundation Scotland (£4,200) and EDC (£2,655). Both these amounts will be required to be spent in 2025. We also claimed over £2,000 in Gift Aid. Fundraising via EasyFundraising, social events and raffles was also considerable.

The club merely acts as a conduit for other income amounts and therefore these activities aim to - break even. For example, the club collects SASA fees and competition entry fees from swimmers and these sums match the cost paid to SASA or event organisers.

Expenditure

The main item of expenditure is pool time. This is primarily at the Bishopbriggs Leisuredrome but also includes Tollcross and Strathclyde University. As with the fee income, the figure represents 12 months’ worth of expenditure in 2024.

Other major items are coaching expenses (head coach fees), competition costs (day fees and some expenses of coaches attending meets) and general expenses (for example awards, medals, software - and email accounts). Other items of expenditure represent break even activity (see explanation above).

Scotia ASC

Income and Expenditure
Summary
Income
Swim Fees
West District & SASA
Competition Fees
Swim Shop
Fund Raising
Donations& GrantsReceived
Club Social
Expenses
Pool Costs
Swim Shop
Coaching Expenses
Coaching/Training Courses
Competition Costs-swimmers
Competition Costs- club
General Expenses
West District & SASA
Equipment Costs
Club Social
Surplus/(Deficit)
2024
66,506
7,045
8,585
15
1,185
10,537
3,849
97,723
52,162
431
7,588
470
8,241
2,939
1,718
7,477
3,456
84,483
13,240
2023
52,922
5,875
7,353
371
1,361
5,100
1,705
74,687
41,873
933
9,612
1,325
7,360
4,004
1,070
6,291
642
1,627
74,736
(49)

Statement of balances as at 31 December 2024

Asat 31 Asat 31
Balance Sheet December 2024 December 2023
Assets
Cash and Bank 22,760 9,520
Equity
Balance 1 January 2024 9,520 9,569
Surplus/(Deficit) for theYear 13,240 (49)
Balance 31 December 2022 22,760 9,520

Notes to the accounts

The charity has income below £250,000 pa and, as such, is eligible to prepare its accounts on a receipts and payments basis.

The governing body does not require the charity to prepare fully accrued accounts and neither does it require an audit.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention

  1. which gives me reasonable cause to believe that in any material respect the requirements:

  2. to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations

  3. to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations

have not been met, or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed

Date