IRIS Accounts Productionv23.1.0.753OtherCompany accountsTruefalsePounds1.4.2231.3.2331.3.23FYFRS 102Independent examinerLarge and medium-sized companies regime for accountsFullCharities SORPtruetruetruetruefalsetruefalsetrue iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure051186832022-03-31051186832023-03-31051186832022-04-012023-03-31051186832021-03-31051186832021-04-012022-03-31051186832022-03-3105118683ns0:CharitableCompanyLimitedByGuarantee2022-04-012023-03-3105118683ns15:PoundSterling2022-04-012023-03-3105118683ns11:FRS1022022-04-012023-03-3105118683ns11:IndependentExaminationCharity2022-04-012023-03-3105118683ns11:LargeMedium-sizedCompaniesRegimeForAccounts2022-04-012023-03-3105118683ns11:FullAccounts2022-04-012023-03-3105118683ns11:CharitiesSORP2022-04-012023-03-3105118683ns0:Trustee12022-04-012023-03-3105118683ns0:Trustee22022-04-012023-03-3105118683ns11:RegisteredOffice2022-04-012023-03-3105118683ns11:CompanySecretary12022-04-012023-03-3105118683ns11:MainIndustrySectorHeading2022-04-012023-03-3105118683ns11:MainIndustrySectorHeading2021-04-012022-03-3105118683ns10:WithinOneYear2023-03-3105118683ns10:WithinOneYear2022-03-3105118683ns0:TotalUnrestrictedFunds2023-03-3105118683ns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2022-04-012023-03-3105118683ns10:PlantMachinery2022-04-012023-03-310511868322022-04-012023-03-3105118683ns10:OwnedAssets2022-04-012023-03-3105118683ns10:OwnedAssets2021-04-012022-03-3105118683ns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2022-03-3105118683ns10:PlantMachinery2022-03-3105118683ns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2023-03-3105118683ns10:PlantMachinery2023-03-3105118683ns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2022-03-3105118683ns10:PlantMachinery2022-03-31

REGISTERED COMPANY NUMBER: 05118683 (England and Wales)

REGISTERED CHARITY NUMBER: 1105694















Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2023

for


SWIMSTART



SWIMSTART



Contents of the Financial Statements

for the Year Ended 31 March 2023












Page




Reference and Administrative Details  

1




Report of the Trustees  

2




Independent Examiner's Report  

3




Statement of Financial Activities  

4




Statement of Financial Position  

5


to


6



Notes to the Financial Statements  

7


to


11



SWIMSTART



Reference and Administrative Details

for the Year Ended 31 March 2023





TRUSTEES

Annie Horner Director


Katy van Suilichem Director




COMPANY SECRETARY

Kathleen Whitaker




REGISTERED OFFICE

20 The Mallards


Silsden


Keighley


West Yorkshire


BD20 0NT




REGISTERED COMPANY

NUMBER

05118683 (England and Wales)




REGISTERED CHARITY

NUMBER

1105694




INDEPENDENT EXAMINER

RCM Associates Limited


Green Farm Barn


The Green


Rathmell


Settle


North Yorkshire


BD24 0JX



SWIMSTART (REGISTERED NUMBER: 05118683)



Report of the Trustees

for the Year Ended 31 March 2023




The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of 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

Objectives and Aims

The objectives and aims are to provide swimming lessons to children located in the Silsden area.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.


Approved by order of the board of trustees on 3 October 2023 and signed on its behalf by:






Kathleen Whitaker - Secretary


Independent Examiner's Report to the Trustees of

Swimstart



Independent examiner's report to the trustees of Swimstart ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.


Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').


Having satisfied myself that the accounts of the 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 charity's accounts 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.


Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:


1.

accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.

the accounts do not accord with those records; or

3.

the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of 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 accounts to be reached.









Richard Christopher McCool


RCM Associates Limited

Green Farm Barn

The Green

Rathmell

Settle

North Yorkshire

BD24 0JX


3 October 2023



SWIMSTART



Statement of Financial Activities

for the Year Ended 31 March 2023



2023


2022


Unrestricted


Total


fund


funds


Notes

£   

£   


INCOME AND ENDOWMENTS FROM

Donations and legacies

9,493


16,619



Charitable activities

Swimming Lessons

153,669


161,084



Investment income

2

841


407


Total

164,003


178,110



EXPENDITURE ON

Charitable activities

Swimming Lessons

168,570


123,159



NET INCOME/(EXPENDITURE)

(4,567

)

54,951




RECONCILIATION OF FUNDS

Total funds brought forward

131,086


76,135



TOTAL FUNDS CARRIED FORWARD

126,519


131,086




SWIMSTART (REGISTERED NUMBER: 05118683)



Statement of Financial Position

31 March 2023



2023


2022


Unrestricted


Total


fund


funds


Notes

£   

£   


FIXED ASSETS


Tangible assets

6

30,347


-



CURRENT ASSETS


Stocks

7

475


525


Debtors

8

1,492


-


Cash at bank and in hand

107,884


134,735


109,851


135,260



CREDITORS


Amounts falling due within one year

9

(13,679

)

(4,174

)


NET CURRENT ASSETS

96,172


131,086



TOTAL ASSETS LESS CURRENT

LIABILITIES

126,519


131,086



NET ASSETS

126,519


131,086


FUNDS

10

Unrestricted funds

126,519


131,086


TOTAL FUNDS

126,519


131,086



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.



SWIMSTART (REGISTERED NUMBER: 05118683)



Statement of Financial Position - continued

31 March 2023


These financial statements have been prepared in accordance with and delivered in accordance with the special provisions applicable to small charitable companies subject to the small companies regime.




The financial statements were approved by the Board of Trustees and authorised for issue on 3 October 2023  and were signed on its behalf by:






Annie Horner - Trustee






Katy van Suilichem - Trustee



SWIMSTART



Notes to the Financial Statements

for the Year Ended 31 March 2023



1.

ACCOUNTING POLICIES



Basis of preparing the financial statements


The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.



Income


All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.



Expenditure


Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.



Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.



Improvements to property

-

10% on cost


Plant and machinery

-

20% on reducing balance



Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.


Taxation

The charity is exempt from corporation tax on its charitable activities.


Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.


Pension costs and other post-retirement benefits


The charitable company operates a defined contribution pension scheme.  Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.




SWIMSTART



Notes to the Financial Statements - continued

for the Year Ended 31 March 2023



2.

INVESTMENT INCOME


2023


2022

£   

£   



Bank  interest received

841


407




3.

NET INCOME/(EXPENDITURE)



Net income/(expenditure) is stated after charging/(crediting):




2023


2022

£   

£   



Depreciation - owned assets

4,182


-




4.

TRUSTEES' REMUNERATION AND BENEFITS


There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.



Trustees' expenses


There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.


5.

STAFF COSTS



The average monthly number of employees during the year was as follows:



2023


2022


Total

20


20





No employees received emoluments in excess of £60,000.




SWIMSTART



Notes to the Financial Statements - continued

for the Year Ended 31 March 2023



6.

TANGIBLE FIXED ASSETS


Improvements



to


Plant and



property


machinery


Totals

£   

£   

£   



COST


At 1 April 2022

18,250


-


18,250




Additions

27,232


7,297


34,529




At 31 March 2023

45,482


7,297


52,779




DEPRECIATION


At 1 April 2022

18,250


-


18,250




Charge for year

2,723


1,459


4,182




At 31 March 2023

20,973


1,459


22,432




NET BOOK VALUE


At 31 March 2023

24,509


5,838


30,347




At 31 March 2022

-


-


-




7.

STOCKS

2023

2022


£   

£   



Stocks

475


525




8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022


£   

£   



Trade debtors

507


-




Prepayments

985


-



1,492


-






SWIMSTART



Notes to the Financial Statements - continued

for the Year Ended 31 March 2023



9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022


£   

£   



Payments on account

1,042


1,229




Trade creditors

8,547


706




Social security and other taxes

1,810


2,239




Accrued expenses

2,280


-



13,679


4,174




10.

MOVEMENT IN FUNDS


Net




movement


At



At 1/4/22


in funds


31/3/23


£   

£   

£   



Unrestricted funds


General fund

131,086


(4,567

)

126,519





TOTAL FUNDS

131,086


(4,567

)

126,519





Net movement in funds, included in the above are as follows:



Incoming


Resources


Movement



resources


expended


in funds


£   

£   

£   



Unrestricted funds


General fund

164,003


(168,570

)

(4,567

)




TOTAL FUNDS

164,003


(168,570

)

(4,567

)





Comparatives for movement in funds



Net




movement


At



At 1/4/21


in funds


31/3/22


£   

£   

£   



Unrestricted funds


General fund

76,135


54,951


131,086





TOTAL FUNDS

76,135


54,951


131,086





SWIMSTART



Notes to the Financial Statements - continued

for the Year Ended 31 March 2023



10.

MOVEMENT IN FUNDS - continued



Comparative net movement in funds, included in the above are as follows:



Incoming


Resources


Movement



resources


expended


in funds


£   

£   

£   



Unrestricted funds


General fund

178,110


(123,159

)

54,951





TOTAL FUNDS

178,110


(123,159

)

54,951





A current year 12 months and prior year 12 months combined position is as follows:



Net




movement


At



At 1/4/21


in funds


31/3/23


£   

£   

£   



Unrestricted funds


General fund

76,135


50,384


126,519





TOTAL FUNDS

76,135


50,384


126,519





A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:



Incoming


Resources


Movement



resources


expended


in funds


£   

£   

£   



Unrestricted funds


General fund

342,113


(291,729

)

50,384





TOTAL FUNDS

342,113


(291,729

)

50,384




11.

RELATED PARTY DISCLOSURES



There were no related party transactions for the year ended 31 March 2023.