CITY OF SOUTHAMPTON SWIMMING CLUB
City of Southampton Swimming Club promotes community participation in healthy recreation, primarily but not exclusively, for the benefit of the inhabitants of Southampton. We teach swimming at our Otters swimming school and provide coaching and competitive opportunities for children and young adults. We have an active Masters programme and support para-swimming.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net income surplus of £101,319 for the year ended 31 December 2024, resulting in total unrestricted funds of £101,319. The trustees report a healthy balance sheet and confirm that unrestricted funds are sufficient to meet their policy of maintaining at least six months' expenditure. The charity transitioned from a CASC to a CIO in January 2024 and received a gift of £75,541 during this transition.
What the accounts disclose
Trustees
- Adrian Edwin Joneschair
- Christopher Shimman
- Emma Jane Guillan
- Nikki Slowey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2024 | £384k | £283k |
Common questions
Is CITY OF SOUTHAMPTON SWIMMING CLUB financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net income surplus of £101,319 for the year ended 31 December 2024, resulting in total unrestricted funds of £101,319. The trustees report a healthy balance sheet and confirm that unrestricted funds are sufficient to meet their policy of maintaining at least six months' expenditure. The charity transitioned from a CASC to a CIO in January 2024 and received a gift of £75,541 during this transition. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 14/04/2021 | £0 | COVID19 - Active Together (Crowdfunding) |