SWIM NARBERTH
A community swimming pool that provides swimming activities, including lessons for schools and all ages. From Lifeguard, Life Saving and other training courses, social and health activities including 55plus Club, Parent & Toddler, Aquarobics, Disability Club, Canoe Club, Ladies only swimming, public swimming and much more. We also facilitate Free Swimming for certain age groups and Familys
Financial health, per its FY2024 accounts
The accounts state that the charity closed with a small net deficit of £2,288 and held unrestricted reserves of £2,468, which the Trustees consider below the level necessary for resilience. The charity faces ongoing cost pressures from utilities, staffing, and building repairs, alongside HMRC liabilities, leading to tight operating margins. Despite these challenges, the Trustees intend to gradually build reserves to at least three months of core operating expenditure to protect against income volatility.
What the accounts disclose
“This increase reflects higher pool and café income together with continued support from grants and donations.”
“It is the Board’s intention to gradually build reserves equivalent to at least three months of core operating expenditure in order to protect the charity against volatility in income and rising costs.”
Trustees
- Christopher James Walterschair
- Judith Jones
- Nina Jane Goldsworthy-Griffiths
- Richard Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2024 | £241k | £238k |
| 31/10/2023 | £215k | £222k |
| 31/10/2022 | £219k | £214k |
| 31/10/2021 | £102k | £146k |
| 31/10/2020 | £146k | £103k |
Common questions
Is SWIM NARBERTH financially healthy?
Per its FY2024 accounts: The accounts state that the charity closed with a small net deficit of £2,288 and held unrestricted reserves of £2,468, which the Trustees consider below the level necessary for resilience. The charity faces ongoing cost pressures from utilities, staffing, and building repairs, alongside HMRC liabilities, leading to tight operating margins. Despite these challenges, the Trustees intend to gradually build reserves to at least three months of core operating expenditure to protect against income volatility. Its FY2024 accounts were independently examined.