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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 2024

for

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Contents of the Financial Statements
for the Year Ended 31 March 2024










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

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Reference and Administrative Details
for the Year Ended 31 March 2024



TRUSTEES Annie Horner Director
Katy van Suilichem Director
Jamie Cunningham (appointed 5/11/24)


COMPANY SECRETARY Zachary David Conway


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

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Report of the Trustees
for the Year Ended 31 March 2024



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 2024. 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 12 November 2024 and signed on its behalf by:





Zachary David Conway - 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 2024.

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

12 November 2024

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Statement of Financial Activities
for the Year Ended 31 March 2024

2024 2023
Unrestricted Total
fund funds
Notes £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 6,028 9,493

Charitable activities
Swimming Lessons 155,252 153,669

Investment income 2 1,825 841
Total 163,105 164,003

EXPENDITURE ON
Charitable activities
Swimming Lessons 161,766 168,570

NET INCOME/(EXPENDITURE) 1,339 (4,567 )


RECONCILIATION OF FUNDS
Total funds brought forward 126,519 131,086

TOTAL FUNDS CARRIED FORWARD 127,858 126,519

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Statement of Financial Position
31 March 2024

2024 2023
Unrestricted Total
fund funds
Notes £    £   
FIXED ASSETS
Tangible assets 6 49,457 30,347

CURRENT ASSETS
Stocks 7 450 475
Debtors 8 180 1,492
Cash at bank and in hand 82,319 107,884
82,949 109,851

CREDITORS
Amounts falling due within one year 9 (4,548 ) (13,679 )

NET CURRENT ASSETS 78,401 96,172

TOTAL ASSETS LESS CURRENT
LIABILITIES

127,858

126,519

NET ASSETS 127,858 126,519
FUNDS 10
Unrestricted funds 127,858 126,519
TOTAL FUNDS 127,858 126,519

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.


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Statement of Financial Position - continued
31 March 2024

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


The financial statements were approved by the Board of Trustees and authorised for issue on 12 November 2024 and were signed on its behalf by:





Annie Horner - Trustee





Katy van Suilichem - Trustee





Jamie Cunningham - Trustee

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Notes to the Financial Statements
for the Year Ended 31 March 2024


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.


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Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


2. INVESTMENT INCOME
2024 2023
£    £   
Bank interest received 1,825 841

3. NET INCOME/(EXPENDITURE)

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

2024 2023
£    £   
Depreciation - owned assets 8,475 4,182

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.


5. STAFF COSTS

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

2024 2023
Total 20 20

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


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Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


6. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
£    £    £   
COST
At 1 April 2023 45,482 7,297 52,779
Additions 27,585 - 27,585
At 31 March 2024 73,067 7,297 80,364
DEPRECIATION
At 1 April 2023 20,973 1,459 22,432
Charge for year 7,307 1,168 8,475
At 31 March 2024 28,280 2,627 30,907
NET BOOK VALUE
At 31 March 2024 44,787 4,670 49,457
At 31 March 2023 24,509 5,838 30,347

7. STOCKS
2024 2023
£    £   
Stocks 450 475

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 180 507
Prepayments - 985
180 1,492


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Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Payments on account 548 1,042
Trade creditors 1,403 8,547
Social security and other taxes 1,397 1,810
Accrued expenses 1,200 2,280
4,548 13,679

10. MOVEMENT IN FUNDS
Net
movement At
At 1/4/23 in funds 31/3/24
£    £    £   
Unrestricted funds
General fund 126,519 1,339 127,858

TOTAL FUNDS 126,519 1,339 127,858

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 163,105 (161,766 ) 1,339

TOTAL FUNDS 163,105 (161,766 ) 1,339


Comparatives for 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

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Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


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 164,003 (168,570 ) (4,567 )

TOTAL FUNDS 164,003 (168,570 ) (4,567 )

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

Net
movement At
At 1/4/22 in funds 31/3/24
£    £    £   
Unrestricted funds
General fund 131,086 (3,228 ) 127,858

TOTAL FUNDS 131,086 (3,228 ) 127,858

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 327,108 (330,336 ) (3,228 )

TOTAL FUNDS 327,108 (330,336 ) (3,228 )

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.