THE AMATEUR SWIMMING ASSOCIATION (SWIM ENGLAND) LIMITED
National governing body for aquatics in England.
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a net deficit of £212,000 in 2024, driven by a 13% annual growth in expenditure outpacing 7% income growth. Despite this operational loss, the trustees report strong financial reserves of £6,734,000 in free unrestricted funds, which they consider sufficient to cover four to eight months of expenditure. The board confirms adequate resources are available for the foreseeable future, preparing the accounts on a going concern basis.
What the accounts disclose
“Our highest paid director was paid a full-time salary of £136,000 in 2024 (2023: £147,000).” — page 39
“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.”
“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)” — page 3
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Richard Hookwaychair
- Alex Frances Cunningham
- Aysha Kidwai
- Carolyn Ryan
- Howard Marsh
- Joan Wheeler
- Katie Amanda Walcott Greenwood
- Keith Adrian Russell Munday
- Max Jacob Sherrard
- Neil Booth
- Rebecca Cox
- Sara Todd
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
Per its FY2024 accounts: The accounts state that the charity incurred a net deficit of £212,000 in 2024, driven by a 13% annual growth in expenditure outpacing 7% income growth. Despite this operational loss, the trustees report strong financial reserves of £6,734,000 in free unrestricted funds, which they consider sufficient to cover four to eight months of expenditure. The board confirms adequate resources are available for the foreseeable future, preparing the accounts on a going concern basis. 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 £136,000 band.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 29/05/2025 | £3.9m | System Partner Investment 2023-27 |
| Sport England | 28/04/2025 | £150k | Safeguarding Case Review |
| Sport England | 27/01/2025 | £5.9m | System Partner Investment 2023-27 |
| Sport England | 03/11/2022 | £340k | B2022 Sport Participation, Innovation and Digital Fund |
Charities like this
- SWIM ENGLAND EAST REGION
- HAVANT & WATERLOOVILLE SWIMMING CLUB
- THE ROYAL LIFE SAVING SOCIETY - U.K.
- PLYMOUTH SWALLOWS SCHOOL OF GYMNASTICS
- THE SWIMMING TEACHERS ASSOCIATION LIMITED
- SOUTH AXHOLME COMMUNITY SWIMMING POOL ASSOCIATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE AMATEUR SWIMMING ASSOCIATION (SWIM ENGLAND) LIMITED | £19.8m | £136,000 | — | within | — | no doubt |
| SWIM ENGLAND EAST REGION | £315k | — | 0 | unclear | — | no doubt |
| HAVANT & WATERLOOVILLE SWIMMING CLUB | £236k | — | 0 | unclear | — | no doubt |
| THE ROYAL LIFE SAVING SOCIETY - U.K. | £6.2m | — | — | unclear | 1.4% | no doubt |
| PLYMOUTH SWALLOWS SCHOOL OF GYMNASTICS | £385k | — | 0 | unclear | — | no doubt |
| THE SWIMMING TEACHERS ASSOCIATION LIMITED | £2.6m | £120,001 - £130,000 | — | unclear | — | no doubt |