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BRIDGEND SWIM CLUB

Registered charity 1203752 · accounts filings on the Charity Commission register

Causes: Amateur Sport · website · Get email alerts

Latest income
£123k
Latest spending
£133k
Registered
2023
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: approximately 6 months of operating expenditure (held: £50k)
“The club aims to maintain reserves equivalent to approximately 6 months of operating expenditure to ensure financial sustainability.” — page 2
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

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

Operates in: Bridgend

Income and spending

Financial year endIncomeSpending
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.