BRIDGEND SWIM CLUB
Objects
TO PROMOTE COMMUNITY PARTICIPATION IN HEALTHY RECREATION BY PROVIDING FACILITIES FOR THE PARTICIPATION IN SWIMMING, TRIATHLON, LIFESAVING AND SUCH OTHER SPORTS CAPABLE OF PROMOTINGHEALTHY RECREATION.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £10,058 for the year ended 30 June 2025, with total expenditure of £133,461 exceeding total income of £123,403. The closing bank balance was £49,978, which is below the stated reserves policy target of approximately six months of operating expenditure. The trustees have implemented measures to increase membership fees and reorganise pool sessions to target break-even in the coming financial year.
What the accounts disclose
“The club aims to maintain reserves equivalent to approximately 6 months of operating expenditure to ensure financial sustainability.” — page 2
“The club has shown a deficit for the 24/25 financial year, steps have been taken to increase membership fees modestly and re-organise pool time to make more efficient use of the sessions available to ensure that the club at least breaks even in the upcoming years” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
Trustees
- Richard Watkinschair
- David McNally
- Huw Lewis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £123k | £133k |
| 30/06/2024 | £138k | £130k |
Common questions
Is BRIDGEND SWIM CLUB financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £10,058 for the year ended 30 June 2025, with total expenditure of £133,461 exceeding total income of £123,403. The closing bank balance was £49,978, which is below the stated reserves policy target of approximately six months of operating expenditure. The trustees have implemented measures to increase membership fees and reorganise pool sessions to target break-even in the coming financial year. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TRUE COLOURS TRUST | 1 | £3k |
Charities like this
- HAVANT & WATERLOOVILLE SWIMMING CLUB
- THE DEEPINGS SWIMMING CLUB
- THE AMATEUR SWIMMING ASSOCIATION (SWIM ENGLAND) LIMITED
- LONDON BOROUGH OF HOUNSLOW SWIMMING CLUB
- SWALLOWS OF HELSTON GYMNASTICS CLUB
- GUILDFORD CITY SWIMMING CLUB
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BRIDGEND SWIM CLUB | £123k | — | 0 | unclear | — | noted |
| HAVANT & WATERLOOVILLE SWIMMING CLUB | £236k | — | 0 | unclear | — | no doubt |
| THE DEEPINGS SWIMMING CLUB | £109k | — | 0 | unclear | — | no doubt |
| THE AMATEUR SWIMMING ASSOCIATION (SWIM ENGLAND) LIMITED | £19.8m | £136,000 | — | within | — | no doubt |
| LONDON BOROUGH OF HOUNSLOW SWIMMING CLUB | £242k | — | 0 | unclear | — | no doubt |
| SWALLOWS OF HELSTON GYMNASTICS CLUB | £196k | — | 0 | above | — | no doubt |