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LINCOLN TRIDENT SWIMMING ACADEMY

Registered charity 1166296 · accounts filings on the Charity Commission register · also known as LTSA

LTSA provides a flexible supported development pathway for swimmers by providing coached swimming training sessions. Training sessions cover a range of abilities and age groups, focussed on inclusive swimming and continued participation, not just the traditional main target of competing. LTSA also supports, trains and mentors volunteers to learn or to improve/develop their teaching/coaching.

Causes: The Advancement Of Health Or Saving Of Lives · Amateur Sport · Recreation · website · Get email alerts

Latest income
£30k
Latest spending
£31k
Registered
2016
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity is in a stable financial position with unrestricted reserves of £4,150, which exceed the stated policy target of one month's running costs (approximately £2,600). However, the charity reported a net decrease in cash funds of £801 for the year, with total expenditure exceeding total income.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: one month's running costs approximately £2,600 (held: £4k)
“The aim of the charity is to maintain one month's running costs approximately £2,600. The reserves are currently £4,150.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Payments were made for coaching services from the Head Coach and for expenses incurred by volunteers.
“The only payments made were for coaching services from the Head Coach as agreed and expenses incurred as agreed at the 2020 AGM, which are available for all volunteers for expenses incurred during the course of them assisting the CIO in its activities.” — page 13
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Lincolnshire

Income and spending

Financial year endIncomeSpending
31/12/2024£30k£31k
31/12/2023£25k£24k
31/12/2022£18k£22k
31/12/2021£14k£15k
31/12/2020£16k£12k

Common questions

Is LINCOLN TRIDENT SWIMMING ACADEMY financially healthy?

Per its FY2024 accounts: The accounts state that the charity is in a stable financial position with unrestricted reserves of £4,150, which exceed the stated policy target of one month's running costs (approximately £2,600). However, the charity reported a net decrease in cash funds of £801 for the year, with total expenditure exceeding total income. Its FY2024 accounts were independently examined.