TAVISTOCK SWIMMING CLUB (EST. 1990)
The promotion of community participation in healthy recreation in particular by the provision of facilities for the teaching, development and practice of swimming for all age groups within the town of Tavistock, Devon and its locality.
Financial health, per its FY2025 accounts
The accounts state that the charity made a net profit of approximately £5.7k for the year ended 31 March 2025, following a significant loss in the previous period. Free/unrestricted reserves stood at approximately £20k (specifically £28,278 per the balance sheet), which the trustees hold to smooth out fluctuations and invest in capital items. The charity faces principal risks including the potential closure of the local swimming pool and an inability to replace key coaches.
What the accounts disclose
“The club holds reserves: • to give it scope to invest in capital items which will enhance its services or ro make other payments of long-term benefit; • to allow it to smooth out fluctuations and cope with downturns and unexpected events (eg. the pandemic and the cost-ofliving crisis); and • because the reserves represent contributions from previous swimmers and therefore, save in exceptional circumstances, should be spent for the benefit of the club as a whole, rather than used to reduce fees paid by current swimmers.”
Trustees
- Caroline Furzechair
- Claire Holly Palmer
- Dr Liam Sebag-Montefiore
- Henry Shearman
- Katherine Kelly
- LISA JANE FRANCE
- Lyn McKechnie
- Melanie Oxborough
- Sarah Shutt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £64k | £58k |
| 31/03/2024 | £49k | £47k |
| 31/03/2023 | £45k | £48k |
| 31/03/2022 | £46k | £49k |
| 31/03/2021 | £24k | £24k |
Common questions
Is TAVISTOCK SWIMMING CLUB (EST. 1990) financially healthy?
Per its FY2025 accounts: The accounts state that the charity made a net profit of approximately £5.7k for the year ended 31 March 2025, following a significant loss in the previous period. Free/unrestricted reserves stood at approximately £20k (specifically £28,278 per the balance sheet), which the trustees hold to smooth out fluctuations and invest in capital items. The charity faces principal risks including the potential closure of the local swimming pool and an inability to replace key coaches.