TORRIDGESIDE AMATEUR SWIMMING CLUB
Amateur Swimming Club
Financial health, per its FY2025 accounts
The accounts state that the charity made a loss of £11,676.31 for the year, resulting in a decrease in total net assets from £49,425 to £37,749. The trustees note that fees may not cover pool hire costs and that the main risk is losing access to the local swimming pools they rely on. Despite these challenges, the trustees declare the charity is in a good financial position overall.
What the accounts disclose
“We calculated the reserves required as being approximately £25000.00.”
Funders the charity credits
- Torrington Swimming Pool
Trustees
- Lucy Gloverchair
- Adrian Farmer
- Lisa Unstead
- Maxine Webber
- Suzanne Tyrrell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £72k | £83k |
| 31/08/2024 | £66k | £63k |
| 31/08/2023 | £59k | £74k |
| 31/08/2022 | £70k | £55k |
| 31/08/2021 | £49k | £41k |
Common questions
Is TORRIDGESIDE AMATEUR SWIMMING CLUB financially healthy?
Per its FY2025 accounts: The accounts state that the charity made a loss of £11,676.31 for the year, resulting in a decrease in total net assets from £49,425 to £37,749. The trustees note that fees may not cover pool hire costs and that the main risk is losing access to the local swimming pools they rely on. Despite these challenges, the trustees declare the charity is in a good financial position overall.
Who funds TORRIDGESIDE AMATEUR SWIMMING CLUB?
Funders whose own accounts filings name TORRIDGESIDE AMATEUR SWIMMING CLUB as a grant recipient include THE BRIDGE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE BRIDGE TRUST | FY2021 | £7k | |
| THE BRIDGE TRUST | FY2022 | £5k | |
| THE BRIDGE TRUST | FY2024 | £2k | |
| THE BRIDGE TRUST | FY2023 | £2k | Local sports clubs, facilities and organisations |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 12/06/2022 | £5k | Jubilee Fund - Adult Section of Torridgeside Amateur Swimming Club |
| Sport England | 29/04/2019 | £8k | Junior Squad Swim Session |