FORMBY POOL TRUST

Charity number: 1099941
Charity reporting is up to date (7 days late)

Charity overview

Activities - how the charity spends its money

Provision of swimming pool, fitness and ancillary facilities for the use of inhabitants and visitors of Formby and the surrounding area in the interests of social welfare and health.

Income and expenditure

Data for financial year ending 31 March 2023

Total income:
£2,090,183

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Donations and legacies £260.76k
Charitable activities £1.83m
Other trading activities £0
Investments £1.75k
Other £0

Total expenditure:
£2,116,970

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Raising funds £0
Charitable activities £2.12m
Other £0

£0 investments gains (losses)

Total income includes £260,758 from 1 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £0
Charitable expenditure £2.12m

People

81 Employee(s)

10 Trustee(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Recreation
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Sefton

Governance

Registration history:
  • 09 October 2003: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
04479074 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Dr Dympna Edwards Chair
SOUTHPORT AND FORMBY SPECIAL ATHLETES
Received: On time
THE FORMBY BEFRIENDING SCHEME
Received: 103 days late
Mark Snaylam Trustee 11 September 2023
None on record
Graham Sidlow Trustee 11 September 2023
None on record
Pauline Adams Trustee 07 November 2022
None on record
Catherine Hughes Bull Trustee 07 November 2022
None on record
Heather Gail Davies Trustee 07 November 2022
None on record
James Connor Scorgie Trustee 06 October 2020
None on record
Sharon Suzanne Crean Trustee 01 April 2016
THE FORMBY LAND TRUST
Received: On time
DAVID WILSON Trustee 01 April 2014
None on record
CATHERINE MARY PAGE Trustee 17 April 2013
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2019 31/03/2020 31/03/2021 31/03/2022 31/03/2023
Total gross income £1.52m £1.56m £864.67k £1.61m £2.09m
Total expenditure £1.44m £1.51m £1.07m £1.62m £2.12m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £175.74k £152.74k £482.89k £186.67k £260.76k
Income - Donations and legacies £175.74k £152.74k £8.22k £186.67k £260.76k
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £1.35m £1.41m £856.32k £1.42m £1.83m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £421 £653 £128 £57 £1.75k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £1.44m £1.51m £1.07m £1.62m £2.12m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £5.19k £0 £0 £14.47k £20.30k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2019 31/03/2020 31/03/2021 31/03/2022 31/03/2023
Own use assets £78.30k £215.83k £157.49k £208.15k £230.37k
Long-term investments £55.97k £0 £0 £0 £0
Other assets £372.15k £352.60k £497.15k £496.96k £398.73k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £100.71k £103.97k £398.41k £454.64k £405.43k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2023 07 February 2024 7 days late
Accounts and TAR 31 March 2023 07 February 2024 7 days late Download Open in new window
Annual return 31 March 2022 23 November 2022 On Time
Accounts and TAR 31 March 2022 23 November 2022 On Time Download Open in new window
Annual return 31 March 2021 28 October 2021 On Time
Accounts and TAR 31 March 2021 28 October 2021 On Time Download Open in new window
Annual return 31 March 2020 08 February 2021 8 days late
Accounts and TAR 31 March 2020 08 February 2021 8 days late Download Open in new window
Annual return 31 March 2019 23 October 2019 On Time
Accounts and TAR 31 March 2019 23 October 2019 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 5 JULY 2002 AS AMENDED BY SPECIAL RESOLUTION DATED 20 JUNE 2003.

Charitable objects

TO PROVIDE A SWIMMING POOL AND TO PROVIDE OR ASSIST IN THE PROVISION OF OTHER FACILITIES AND SERVICES FOR RECREATION OR OTHER LEISURE TIME OCCUPATION FOR THE COMMUNITY AND VISITORS OF FORMBY AND THE SURROUNDING AREA IN THE INTERESTS OF SOCIAL WELFARE, WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE.

Area of benefit

The area the charity can operate in, as set out in its governing document.

FORMBY AND THE SURROUNDING AREA

Contact information

Address:
Formby Pool Trust
Elbow Lane
Formby
LIVERPOOL
L37 4AB
Phone:
07768343084
Email:
info@formbypool.co.uk
Website:

www.formbypool.co.uk Open in new window