Supplementary memorandum submitted by
British Swimming
Further to our oral evidence at the Select Committee
for Culture, Media and Sport on Tuesday 20 November 2007, please
find attached further information in relation to UK Sport funding
to British Swimming and how these funds have been allocated.
I have taken the most recent complete financial
year of 2006-07 and provided a breakdown of key areas of expenditure
for the year against the five disciplines which come under the
jurisdiction of British Swimming. As permitted by UK Sport regulations,
surpluses can be carried forward from one year end to the next
to allow for variations in activity over the four year Olympic
cycle.
In addition, I have provided a four year overview
for the Olympic cycle 2005-09 across each of our Olympic and Paralympic
disciplines.
December 2007
FINANCIAL REPORT TO THE SELECT COMMITTEE
SUMMARY OF
EXPENDITURE 2006-07
|
| Item | Swimming
| Diving | Disability
Swimming
| Synchronised
Swimming
| Water
Polo |
| £
| £ | £
| £ | £
|
|
| Salaries | 1,199,963
| 282,871 | 308,743
| 41,760 | 87,100
|
| Staff Expenses | 336,440
| 58,936 | 57,206
| 24,572 | 40,829
|
| Training UK & High Performance Centres |
301,551 | 113,708
| 236,208 | 49,638
| 149,956 |
| Training Overseas | 472,867
| 32,725 | 20,788
| | 91,340 |
| Competitions | 553,669
| 271,523 | 169,460
| 79,577 | 72,399
|
| Sports Science | 435,785
| 337,180 | 96,243
| 300 | 41,358
|
| Continuing Professional Development | 113,648
| 8,652 | 3,251
| | 3,370 |
| Podium Athletes Personal Allowances | 553,000
| 179,000 | 586,600
| | |
| Development Athletes Personal Allowances |
68,851 | 34,005
| 40,399 | 24,000
| 55,500 |
| Programme Administration | 185,732
| 70,000 | 26,401
| 23,433 | 39,692
|
| Clothing and Equipment | 31,234
| 3,535 | |
2,219 | 694
|
| Open Water | 86,780
| | | |
|
| TASS/TASS 2012 | 116,000
| 39,000 | |
31,000 | 14,000
|
| Total Expenditure | 4,455,520
| 1,431,135 | 1,545,299
| 276,499 | 596,238
|
| Total Direct & Indirect Funding Received
| 5,403,000 | 1,484,000
| 1,691,900 | 523,000
| 622,000 |
| Carried Forward to 2007-08 | 947,480
| 52,865 | 146,601
| 246,501 | 25,762
|
|
2005-09 YEARLY FUNDING
BREAKDOWN
|
| 2005-06
| 2006-07 | 2007-08
| 2008-09 | Total
|
| £
| £ | £
| £ | £
|
|
| Swimming | 3,960,000
| 5,403,000 | 5,565,000
| 5,731,000 | 20,659,000
|
| Diving | 1,287,000
| 1,484,000 | 1,528,000
| 1,574,000 | 5,873,000
|
| Disabillity Swimming | 1,211,896
| 1,691,900 | 1,889,300
| 2,132,100 | 6,925,196
|
| Water Polo | 14,000
| 622,000 | 1,237,000
| 1,274,000 | 3,147,000
|
| Synchronised Swimming | 31,000
| 523,000 | 538,000
| 555,000 | 1,647,000
|
| 6,503,896
| 9,723,900 | 10,757,300
| 11,266,100 | 38,251,196
|
|
All funding received in the financial year ended 31 March
2007, which was not used, was carried forward for use in the following
two financial years as funding is received to cover the four year
Olympic Cycle 2005-09.
This allows sports to respond to the variations in activity
over the Olympic cycle.
|
