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 2025

for

SWIMSTART

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

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

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 2025. 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 7 October 2025 and signed on its behalf by:

Zachary David Conway - Secretary

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 2025.

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

7 October 2025

2025

2024

Unrestricted

Total

fund

funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

9,276

6,028

Charitable activities

Swimming Lessons

150,860

155,252

Investment income

2

1,631

1,825

Total

161,767

163,105

EXPENDITURE ON

Charitable activities

Swimming Lessons

184,945

161,766

NET INCOME/(EXPENDITURE)

(23,178

)

1,339

RECONCILIATION OF FUNDS

Total funds brought forward

127,858

126,519

TOTAL FUNDS CARRIED FORWARD

104,680

127,858

2025

2024

Unrestricted

Total

fund

funds

Notes

£

£

FIXED ASSETS

Tangible assets

6

41,216

49,457

CURRENT ASSETS

Stocks

7

450

450

Debtors

8

2,253

180

Cash at bank

65,065

82,319

67,768

82,949

CREDITORS

Amounts falling due within one year

9

(4,304

)

(4,548

)

NET CURRENT ASSETS

63,464

78,401

TOTAL ASSETS LESS CURRENT LIABILITIES

104,680

127,858

NET ASSETS

104,680

127,858

FUNDS

10

Unrestricted funds

104,680

127,858

TOTAL FUNDS

104,680

127,858

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 7 October 2025 and were signed on its behalf by:

Annie Horner - Trustee

Katy van Suilichem - Trustee

Jamie Cunningham - Trustee

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.

2.	INVESTMENT INCOME

2025

2024

£

£

Bank interest received

1,631

1,825

3.	NET INCOME/(EXPENDITURE)

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

2025

2024

£

£

Depreciation - owned assets

8,241

8,475

4.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

5.	STAFF COSTS

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

2025

2024

Total

22

20

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

6.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

property

machinery

Totals

£

£

£

COST

At 1 April 2024 and 31 March 2025

73,067

7,297

80,364

DEPRECIATION

At 1 April 2024

28,280

2,627

30,907

Charge for year

7,307

934

8,241

At 31 March 2025

35,587

3,561

39,148

NET BOOK VALUE

At 31 March 2025

37,480

3,736

41,216

At 31 March 2024

44,787

4,670

49,457

7.

STOCKS

2025

2024

£

£

Stocks

450

450

8.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,253

180

9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Payments on account

972

548

Trade creditors

865

1,403

Social security and other taxes

1,267

1,397

Accrued expenses

1,200

1,200

4,304

4,548

10.	MOVEMENT IN FUNDS

Net

movement

At

At 1/4/24

in funds

31/3/25

£

£

£

Unrestricted funds

General fund

127,858

(23,178

)

104,680

TOTAL FUNDS

127,858

(23,178

)

104,680

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

161,767

(184,945

)

(23,178

)

TOTAL FUNDS

161,767

(184,945

)

(23,178

)

Comparatives for 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

Comparative 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

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

Net

movement

At

At 1/4/23

in funds

31/3/25

£

£

£

Unrestricted funds

General fund

126,519

(21,839

)

104,680

TOTAL FUNDS

126,519

(21,839

)

104,680

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

324,872

(346,711

)

(21,839

)

TOTAL FUNDS

324,872

(346,711

)

(21,839

)

11.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.