CITY OF MANCHESTER AQUATICS SWIM TEAM
The promotion of community participation in healthy recreation, primarily but not exclusively, for the benefit of the inhabitants of Manchester and the surrounding areas by the provision of facilities for swimming and associated events.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £96,592 at the end of the period, which exceeds its stated policy target of holding three months of expenditure. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Our reserves policy is to hold 3 months costs (expenditure) in free reserves (unrestricted funds) to ensure all costs are covered and the charity is sustainable as a going concern.”
“One Trustee was paid an annual remuneration of £9,768 for administration services during the course of the year (2024: £9,768).” — page 16
Trustees
- Ruth Dawsonchair
- Claire Ryan
- Dr Sophie Parker
- James Hingston
- Siobhan Ann Sullivan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £402k | £363k |
| 31/03/2024 | £327k | £335k |
| 31/03/2023 | £257k | £271k |
| 31/03/2022 | £0 | £0 |
Common questions
Is CITY OF MANCHESTER AQUATICS SWIM TEAM financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £96,592 at the end of the period, which exceeds its stated policy target of holding three months of expenditure. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.