ABERAVON SURF LIFE SAVING CLUB
The objects of the charity are to advance the mental, physical and spiritual welfare of young people by promoting a scheme of awards and their personal development.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds decreased from approximately £65,000 to £55,000 due to unforeseen expenditure and operational costs exceeding income in the reporting periods. The trustees note that reserves are held for future planned activities and expected repairs to the main building, with no investment planned due to these unforeseen costs. Despite the net expenditure, the charity maintains positive net assets and continues its charitable activities without material uncertainty.
What the accounts disclose
“Our main source of funds this year has been entrance fees from the swimming pool, New Year's Day dip at Aberavon Beach and sale of food and raffle at the Welsh Championships.” — page 4
Trustees
- Matthew Reeschair
- Anthony Rees
- Darren Chambers
- Emily Watkins
- Garod Wyn Thomas
- Harold Worth
- Patrick Bernard Jude Thomas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £61k | £78k |
| 31/12/2023 | £49k | £45k |
| 31/12/2022 | £36k | £43k |
| 31/12/2021 | £13k | £25k |
| 31/12/2020 | £58k | £39k |
Common questions
Is ABERAVON SURF LIFE SAVING CLUB financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds decreased from approximately £65,000 to £55,000 due to unforeseen expenditure and operational costs exceeding income in the reporting periods. The trustees note that reserves are held for future planned activities and expected repairs to the main building, with no investment planned due to these unforeseen costs. Despite the net expenditure, the charity maintains positive net assets and continues its charitable activities without material uncertainty. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 18/03/2017 | £4k | 50 Years Anniversary Celebrations |