OUT TO SWIM
Provision of aquatic sport sessions to adults, ensuring that those who identify as LGBT are able to participate on equal terms with their peers and in a safe and supportive environment. Provision of funding to support low waged individuals to participate in amateur aquatic sport. Promotion of diversity in sport. Our main area of operation is London and we have branches in Brighton and Bristol.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus of £21,635 for the year ended 31 December 2024, with total income of £365,709 against total expenditure of £344,074. Per the trustees' report, actual free reserves were £68,866, which is below the stated target minimum reserve level of £74,000. The trustees are satisfied that the charity has sufficient resources to meet its liabilities as they fall due.
What the accounts disclose
“Actual free reserves at 31 December 2024 were £68,866 (2023: £46,010). The trustees are aware that this is below the target reserve level of £74,000” — page 9
Trustees
- Ann Weatherall
- Benjamin Gifford
- Dr Paul McEnhill
- William Michael Holmes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £366k | £344k |
| 31/12/2023 | £249k | £246k |
| 31/12/2022 | £216k | £221k |
| 31/12/2021 | £92k | £110k |
| 31/12/2020 | £82k | £88k |
Common questions
Is OUT TO SWIM financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a surplus of £21,635 for the year ended 31 December 2024, with total income of £365,709 against total expenditure of £344,074. Per the trustees' report, actual free reserves were £68,866, which is below the stated target minimum reserve level of £74,000. The trustees are satisfied that the charity has sufficient resources to meet its liabilities as they fall due. Its FY2024 accounts were independently examined.