EXETER CITY SWIMMING CLUB
To provide opportunities to swim and through regular training and competition for swimmers to achieve their personal goals. Our Club is Dedicated to Achievement.
Objects
The charity’s objects are the promotion of community participation in healthy recreation, primarily but not exclusively, for the benefit of the inhabitants of Exeter and the surrounding areas by the provision of facilities for the teaching, development and practice of swimming for its members , encompassing learning to swim through to International competition within a performance framework.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of expenditure over income of £8,126 for the year ended 30 September 2025. Per the trustees' report, unrestricted reserves stood at a deficit of £7,277, which is below the charity's stated policy target of maintaining reserves equivalent to three to six months of expenditure. The trustees note that squad fee increases and additional fundraising galas have been undertaken to rectify the situation.
What the accounts disclose
“At the end of the year, the Club's unrestricted reserves stood at a deficit of £7,277 (2024: £849 surplus), which is below our reserves policy.”
“Five (2024 - five) of the trustees (or any persons connected with them) received remuneration during the year totalling £12,639 (2024 - £7,079) for their administration services, lifeguarding, cleaning and swimming teaching. Payments were at market value on an arm's length basis. One Trustee was reimbursed expenses totalling £4,609 (2024: No Trustees were reimbursed expenses during the year).” — page 13
“Mr M & Mrs C Board (Trustee) were reimbursed £1,300 in the year for garage rental used for storage. (2024: £1,300). Payments were at market on an arm's length basis. There were no other related party transactions.” — page 15
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Structured financials (annual return, FY ending 30/09/2025)
Trustees
- Cleofe Louise Board
- James Andrew Wayland
- John Martin Walters
- KATE LOUISE VAIN
- Louis Alexander Joyce
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £514k | £522k |
| 30/09/2024 | £499k | £560k |
| 30/09/2023 | £460k | £440k |
| 30/09/2022 | £466k | £446k |
| 30/09/2021 | £216k | £253k |
Common questions
Is EXETER CITY SWIMMING CLUB financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of expenditure over income of £8,126 for the year ended 30 September 2025. Per the trustees' report, unrestricted reserves stood at a deficit of £7,277, which is below the charity's stated policy target of maintaining reserves equivalent to three to six months of expenditure. The trustees note that squad fee increases and additional fundraising galas have been undertaken to rectify the situation. Its FY2025 accounts were independently examined.