for the Period Ended 31 May 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 May 2024
Directors
The directors shown below have held office during the whole of the period from
1 June 2023
to
31 May 2024
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
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Turnover: |
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Gross profit(or loss): |
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Administrative expenses: |
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Operating profit(or loss): |
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Profit(or loss) before tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 2024 | 2023 | |
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Current assets | |||
Debtors: | 3 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 4 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 May 2024
Basis of measurement and preparation
for the Period Ended 31 May 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 May 2024
2024 | 2023 | |
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£ | £ | |
Other debtors |
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Total |
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for the Period Ended 31 May 2024
2024 | 2023 | |
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£ | £ | |
Trade creditors |
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Accruals and deferred income |
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Other creditors |
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Total |
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Cridders Swim School year is based around the local school terms closing during half terms and bank holidays. Offering around 1092 sessions per school year with an average of 6 swimmers per class. The charge for lessons is £8.25 per lesson. Compared to local competition from private swim schools of £9.95 and a national one of £9.45 (Source Swim England) value for money is exceptional. We have an average of 2 pool assistants along with the teacher and all drawn from local children either doing an award (DOE or similar) or some just wanting to help. On average we raised around £3600 per term for Corbets after costs. We made an additional donation not related to lesson provision from reserves to help with increased fuel costs We lost a main team member and recruited a retired teacher who I am delighted to inform that Vivien Maxey was awarded England's Swim Teacher of the year The small pool has been out of action and will result in lower income in the next year.
We consulted with Corbets Tey Management at the outset of this venture and feed back to them at the time of each donation, which occurs at the end of each period. The relationship between Corbets Tey School and Cridders Swim School is mutually beneficial. There is an ongoing dialogue on the swimming sessions and any issues that may arise. The school is appreciative of the income generated from the donations that come from Cridders Swim School. This enables the school to continue to maintain, improve and run the swimming pool, which is made available for the children and young people attending the school and also children and adults in the community that require specialist swimming facilities.
No financial filing made at this time however the following pertain. No Remuneration received for Trevor Cridland Maxine Cridland Received an Admin fee of £1250 per course.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
21 February 2025
And signed on behalf of the board by:
Name: Mr. T. Cridland
Status: Director