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THE AMATEUR SWIMMING ASSOCIATION (SWIM ENGLAND) LIMITED

Registered charity 1175603 · accounts filings on the Charity Commission register · also known as ASA

Latest income
£19.8m
Latest spending
£20.0m
Registered
2017
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net operating deficit of £212,000 for the year ended 31 December 2024, driven by a 13% annual growth in expenditure outpacing 7% income growth. Despite this operational loss, the charity maintains strong unrestricted free reserves of £6,734,000, which the trustees confirm are sufficient to cover approximately 5.3 months of average expenditure.

What the accounts disclose

Highest-paid employee band: £150,001 - £160,000 — above the median for charities its size (£125k)
“The above salary banding does not include employer national insurance and pension contributions. 12 (2023:6) of the above employees accrued pension contributions totalling £68,000 (2023: £45,000)” — page 39
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: four to eight months (held: £6.7m)
“Having considered various factors, particularly the level of identified risks that could impact income and/or expenditure, the trustees have concluded that a reasonable level of cash and current investment reserves approximates the level of reserves necessary to cover expenditure for a period of between four to eight months.” — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Institute of Swimming Limited, Swim England Trading Limited, A.S.A. Swimming Enterprises Limited
“The Amateur Swimming Association (Swim England) Limited has three subsidiaries: Institute of Swimming Limited (company number 01759210) Swim England Trading Limited (company number 03001915) A.S.A. Swimming Enterprises Limited (company number 01636152) When cash flows allow, the distributable profits of these three subsidiary companies are gift aided to the charity” — page 3
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by UHY Hacker Young LLP.

Public fundraising profile: JustGiving — Swim England (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£19.8m
Total spending
£20.0m
Reserves (reported)
£9.3m
Employees
224

Reported reserves equal ~5.6 months of spending — above the median for charities its size (median 4.6 months; benchmarks).

Trustees

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£19.8m£20.0m
31/12/2023£18.8m£17.8m
31/12/2022£19.5m£15.6m
31/12/2021£13.4m£10.1m
31/12/2020£12.4m£12.7m

Common questions

Is THE AMATEUR SWIMMING ASSOCIATION (SWIM ENGLAND) LIMITED financially healthy?

The accounts state that the charity reported a net operating deficit of £212,000 for the year ended 31 December 2024, driven by a 13% annual growth in expenditure outpacing 7% income growth. Despite this operational loss, the charity maintains strong unrestricted free reserves of £6,734,000, which the trustees confirm are sufficient to cover approximately 5.3 months of average expenditure. Its FY2024 accounts were audited by UHY Hacker Young LLP.

What does the highest-paid employee of THE AMATEUR SWIMMING ASSOCIATION (SWIM ENGLAND) LIMITED earn?

Per its FY2024 accounts, the highest-paid employee was in the £150,001 - £160,000 band.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE SIR JOHN RITBLAT FAMILY FOUNDATION1£50k
THE ASTOR FOUNDATION1£2k

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Semantically similar by activities and financial character, from our analysed corpus. Compare with THE SWIMMING TEACHERS ASSOCIATION LIMITED.