COLCHESTER PHOENIX AMATEUR SWIMMING CLUB
The objects shall be the relief of people with physical or learning disabilities by the teaching, development and practice of swimming and other water based activities for its members and shall, where appropriate, be to compete.
Financial health, per its FY2024 accounts
The accounts state that the charity's unrestricted funds decreased from £13,091 to £13,940 during the year, resulting in a small net income of £241. Per the trustees' report, the charity has no formal reserves but aims to maintain a fund covering three months of operating costs.
What the accounts disclose
“The charity has no formal reserves. It has, as a policy, the aim of keeping a fund of at least 3 months operating costs in a savings account” — page 6
Trustees
- Frances Margaret Clark
- Howard James Banham
- Keith Holmes
- Kristina Hann
- Mark Scaife
- Pamela Edwards
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £61k | £62k |
| 31/12/2023 | £33k | £55k |
| 31/12/2022 | £49k | £57k |
| 31/12/2021 | £30k | £40k |
| 31/12/2020 | £24k | £32k |
Common questions
Is COLCHESTER PHOENIX AMATEUR SWIMMING CLUB financially healthy?
Per its FY2024 accounts: The accounts state that the charity's unrestricted funds decreased from £13,091 to £13,940 during the year, resulting in a small net income of £241. Per the trustees' report, the charity has no formal reserves but aims to maintain a fund covering three months of operating costs. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 20/05/2004 | £1k | There is no project name available for this record |