HAYLE SURF LIFESAVING CLUB AGM
24[th] NOVEMBER 2023
HAYLE SURF LIFESAVING CLUB AT 7:30pm
Present –, Ben Jacobs, Fiona Jacobs, Nick Brown, Anna Brown, Gerard Hughes, Anna Brown, Graham Williams, Curtis Young, James Deacon, Ria Stephens, Colin Wilson, Josh Chandler, Andrea Harvey, Colin Higgins, Matthew Perry, Ben Holtaway, Andrew Berriman. Amanda Simons, San Ishmael, Becky Hughes, Lowenna Chandler, Sarah Hoggett Crisp & Charlie Hoggett Crisp
-
1) Vice Chair Ben Jacobs welcomed everyone to the AGM
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2) Apologies – Emma Tredinnick, Traci Parker, Emma Collins, Dan Stephens, Gilly Gratton, Kim Riggall, Steph Langley, Tina Hughes and Tim Eustace
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3) Minutes of the 2022 AGM were ratified proposed by Gerard Hughes and Seconded by Curtis Young
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4) Chairperson’s Report – Ben Jacobs read Emma Tredinnick’s report (See Attached)
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5) Secretary’s Report _ Fiona Jacobs (See Attached)
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6) Treasurer’s Report – Traci Parker ( See Attached)
Ratify Club Accounts – Proposed Traci Parker Seconded Graham Williams
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7) Club Captain’s Report – Nick Brown (See Attached)
-
8) Election of Club Officer’s
President – Tim LaTouche
Proposed Nick Brown Seconded Ben Holtaway
Chairperson – Ben Jacobs
Ben Jacobs – Proposed by Matthew Perry Seconded by James Deacon and Emma Tredinnick Proposed Fiona Jacobs Seconded Ria Stephens – Ben received the most votes
Vice Chair – Andrew Berriman
Proposed Fiona Jacobs Seconded Matthew Perry
Secretary – Fiona Jacobs
Proposed Nick Brown Seconded Sarah Hoggett Crisp
Membership Secretary – Lowenna Chandler Proposed Fiona Jacobs Seconded Amanda Simons
Treasurer – Traci Parker
Proposed Fiona Jacobs Seconded Lowenna Chandler
Committee Members –
Emma Tredinnick – Proposed Anna Brown Seconded Fiona Jacobs Charlie Hogget Crisp, Sarah Hoggett Crisp, Colin Wilson, Colin Higgins, Gilly Gratton, Gerard Hughes - Proposed Andrew Berriman Seconded Graham Williams
- 9) Membership Fees – 1[st] Jan 2024
Nick Brown proposed Gerard Hughes seconded membership should increase by £5 and Sarah Hoggett Crisp proposed and James Deacon seconded membership should increase by £10. The majority voted to increase by £5. Therefore memberships for 1[st] Jan 2024 will be;
Senior - £60.00 Junior - £50.00 Nippers and Sandhoppers - £40.00 Family membership - £175.00 Non- active members - £30.00
10) Changes to constitution – None
11) Elect any Life Members – None
- 12) Any other business – None
The meeting closed at 20:08
ACTIVE MEMBERS MEETING 2023
HAYLE SURF LIFESAVING CLUB
- 1) Election of Officers –
Captain – Nick Brown Proposed Matthew Perry Seconded Sarah Hoggett Crisp
Vice Captain – James Deacon Proposed Nick Brown Seconded Colin Higgins
Team Managers Seniors – Colin Higgins Proposed James Deacon Seconded San Ishmael Juniors – Nick Brown Proposed Graham Willaims Seconded Gerard Hughes
Team Admin Nippers – Fiona Jacobs Proposed Andrew Berriman Seconded Ben Holtaway
Gear Steward – Charlie Hoggett Crisp Proposed Fiona Jacobs Seconded Colin Higgins
Quarter Master – Anna Brown Proposed Josh Chandler Seconded Charlie Hoggett Crisp Assistant Quarter Master – Andrea Harvey Proposed Colin Higgins Seconded Charlie Hoggett Crisp
Training Officer – Matthew Perry Proposed Andrea Harvey Seconded Ben Holtaway
IRB Officer – Nick Runnalls Proposed Nick Brown Seconded Josh Chandler
School Liaison Officer – Ben Holtaway Proposed Amanda Simons Seconded Matthew Perry
Child Protection Officers – Traci Parker & Colin Wilson Proposed Fiona Jacobs Seconded Sarah Hoggett Crisp
Web Design Steph Langley Proposed Nick Brown Seconded Colin Higgins
Social Secretary – Emma Collins Proposed Lowenna Chandler Seconded Colin Higgins
Nipper Officers – Traci Parker, Emma Tredinnick, Nick Brown, Kim Riggall, Ben Jacobs, Ben Holtaway, Curtis Young, Amanda Simons, Andrew Berriman, Josh Chandler, Ria Stephens & Colin Wilson all willing to stand again. Proposed Anna Brown Seconded Colin Higgins
San Ishmael, Becky Hughes, Sam Clarke, James Burlingham, Matt Walters, Rob Mackie and Paul Friday - Proposed Curtis Young Seconded Josh Chandler
Sandhopper Officers - Ben Jacobs & Dan Stephens Proposed Colin Higgins Seconded Colin Wilson
Buildings Manager – Colin Higgins Proposed James Deacon Seconded Charlie Hoggett Crisp
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2) Any other business
-
Christmas Day swim to go ahead this year 10am for 10:30am
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Membership – It was agreed that this is to be paid by the end of the year
-
Medals – Lee Stanbury can provide medals for the Club Gala at £1.49 each. It was proposed by San Ishmael and seconded by Graham Williams to buy enough for 2024 Club gala.
The meeting closed at 20:50
Date of next meeting – 7[th] Jan at 4:30pm
REGISTERED CHARITY NUMBER: 1035924
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
FOR
HAYLE SURF LIFE SAVING CLUB
Greenwood Wilson The Old School The Stennack St Ives Cornwall TR26 1QU
HAYLE SURF LIFE SAVING CLUB
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 10 |
| Detailed Statement of Financial Activities | 11 | to | 12 |
HAYLE SURF LIFE SAVING CLUB
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1035924
Principal address
Riviere Towans Phillack Hayle Cornwall TR27 5AF
Trustees
Ms T Parker Treasurer and Child Protection F Jacobs Secretary E Tredinnick B Jacobs Chairman T LaTouche President (appointed 1/1/2023) A Berriman Vice-Chairman (appointed 1/1/2023) L Chandler Membership Secretary (appointed 1/1/2023) C Hoggett Crisp (appointed 1/1/2023) S Hoggett Crisp (appointed 1/1/2023) C Wilson Child Protection (appointed 1/1/2023) C Higgins (appointed 1/1/2023) G Gratton (appointed 1/1/2023) G Hughes (appointed 1/1/2023) N Brown Captain (appointed 1/1/2023)
Independent Examiner
Robert Langley ATT CTA Greenwood Wilson The Old School The Stennack St Ives Cornwall TR26 1QU
Approved by order of the board of trustees on 29 November 2024 and signed on its behalf by:
B Jacobs - Trustee
Page 1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HAYLE SURF LIFE SAVING CLUB
Independent examiner's report to the trustees of Hayle Surf Life Saving Club
I report to the charity trustees on my examination of the accounts of Hayle Surf Life Saving Club (the Trust) for the year ended 31 December 2023.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Robert Langley ATT CTA
Greenwood Wilson The Old School The Stennack St Ives Cornwall TR26 1QU
29 November 2024
Page 2
HAYLE SURF LIFE SAVING CLUB
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 4,952 Other trading activities 3 59,253 Investment income 4 126 Total 64,331 EXPENDITURE ON Raising funds 44,446 Charitable activities General fund raising actvities 14,074 Total 58,520 NET INCOME/(EXPENDITURE) 5,811 RECONCILIATION OF FUNDS Total funds brought forward 630,455 TOTAL FUNDS CARRIED FORWARD 636,266 |
Restricted funds £ - - - - - - - - 20,001 20,001 |
2023 Total funds £ 4,952 59,253 126 64,331 44,446 14,074 58,520 5,811 650,456 656,267 |
2022 Total funds £ 13,864 41,485 7 55,356 31,802 24,041 55,843 (487) 650,943 650,456 |
|---|---|---|---|
The notes form part of these financial statements
Page 3
HAYLE SURF LIFE SAVING CLUB
BALANCE SHEET 31 DECEMBER 2023
| Notes FIXED ASSETS Tangible assets 7 CURRENT ASSETS Stocks 8 Cash at bank NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 9 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted fund £ 586,704 2,450 47,112 49,562 49,562 636,266 636,266 |
Restricted funds £ 20,001 - - - - 20,001 20,001 |
2023 Total funds £ 606,705 2,450 47,112 49,562 49,562 656,267 656,267 636,266 20,001 656,267 |
2022 Total funds £ 608,232 2,450 39,774 |
|---|---|---|---|---|
| 42,224 | ||||
| 42,224 | ||||
| 650,456 | ||||
| 650,456 | ||||
| 630,455 20,001 |
||||
| 650,456 |
The financial statements were approved by the Board of Trustees and authorised for issue on 29 November 2024 and were signed on its behalf by:
B Jacobs - Trustee
T Parker - Trustee
The notes form part of these financial statements
Page 4
HAYLE SURF LIFE SAVING CLUB
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. DONATIONS AND LEGACIES
| Donations Grants |
2023 £ 4,152 800 4,952 |
2022 £ 2,291 11,573 |
|---|---|---|
| 13,864 |
Page 5
continued...
HAYLE SURF LIFE SAVING CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
2. DONATIONS AND LEGACIES - continued
Grants received, included in the above, are as follows:
| Co-op Sportsbid Sported Devon & Cornwall Police 3. OTHER TRADING ACTIVITIES Fundraising events Membership & subscriptions Swimming fees/subs Course fees Clothing & kit sales Equipment sales Competition fees Sundry income 4. INVESTMENT INCOME Deposit account interest |
2023 £ - - - 800 800 2023 £ 12,077 16,562 16,169 2,097 4,257 1,150 6,941 - 59,253 2023 £ 126 |
2022 £ 2,688 8,685 200 - |
|---|---|---|
| 11,573 | ||
| 2022 £ 7,133 11,290 17,052 - 4,782 150 913 165 |
||
| 41,485 | ||
| 2022 £ 7 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.
Page 6
continued...
HAYLE SURF LIFE SAVING CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
| 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 13,864 Other trading activities 41,485 Investment income 7 Total 55,356 EXPENDITURE ON Raising funds 31,802 Charitable activities General fund raising actvities 24,041 Total 55,843 NET INCOME/(EXPENDITURE) (487) RECONCILIATION OF FUNDS Total funds brought forward 630,942 TOTAL FUNDS CARRIED FORWARD 630,455 7. TANGIBLE FIXED ASSETS Long leasehold £ COST At 1 January 2023 and 31 December 2023 492,315 DEPRECIATION At 1 January 2023 - Charge for year - At 31 December 2023 - NET BOOK VALUE At 31 December 2023 492,315 At 31 December 2022 492,315 |
Restricted funds £ - - - - - - - - 20,001 20,001 Plant and machinery £ 117,313 1,396 1,527 2,923 114,390 115,917 |
Total funds £ 13,864 41,485 7 55,356 31,802 24,041 55,843 (487) 650,943 650,456 Totals £ 609,628 1,396 1,527 2,923 606,705 608,232 |
|---|---|---|
continued...
Page 7
HAYLE SURF LIFE SAVING CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
8. STOCKS
| Stocks 9. MOVEMENT IN FUNDS Unrestricted funds General fund Restricted funds Co-op Sportsbid Esc Lottery TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Restricted funds Co-op Sportsbid Esc Lottery TOTAL FUNDS |
At 1/1/23 £ 630,455 1,489 8,712 9,800 20,001 650,456 Incoming resources £ 64,331 64,331 At 1/1/22 £ 630,942 1,489 8,712 9,800 20,001 650,943 |
2023 2022 £ £ 2,450 2,450 Net movement At in funds 31/12/23 £ £ 5,811 636,266 - 1,489 - 8,712 - 9,800 - 20,001 5,811 656,267 Resources Movement expended in funds £ £ (58,520) 5,811 (58,520) 5,811 Net movement At in funds 31/12/22 £ £ (487) 630,455 - 1,489 - 8,712 - 9,800 - 20,001 (487) 650,456 |
|---|---|---|
continued...
Page 8
HAYLE SURF LIFE SAVING CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
9. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 55,356 | (55,843) | (487) |
| TOTAL FUNDS | 55,356 | (55,843) | (487) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Co-op Sportsbid Esc Lottery TOTAL FUNDS |
At 1/1/22 £ 630,942 1,489 8,712 9,800 20,001 650,943 |
Net movement in funds £ 5,324 - - - - 5,324 |
At 31/12/23 £ 636,266 1,489 8,712 9,800 |
|---|---|---|---|
| 20,001 | |||
| 656,267 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 119,687 | (114,363) | 5,324 |
| TOTAL FUNDS | 119,687 | (114,363) | 5,324 |
continued...
Page 9
HAYLE SURF LIFE SAVING CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2023.
Page 10
HAYLE SURF LIFE SAVING CLUB
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 4,152 | 2,291 |
| Grants | 800 | 11,573 |
| 4,952 | 13,864 | |
| Other trading activities | ||
| Fundraising events | 12,077 | 7,133 |
| Membership & subscriptions | 16,562 | 11,290 |
| Swimming fees/subs | 16,169 | 17,052 |
| Course fees | 2,097 | - |
| Clothing & kit sales | 4,257 | 4,782 |
| Equipment sales | 1,150 | 150 |
| Competition fees | 6,941 | 913 |
| Sundry income | - | 165 |
| 59,253 | 41,485 | |
| Investment income | ||
| Deposit account interest | 126 | 7 |
| Total incoming resources | 64,331 | 55,356 |
| EXPENDITURE | ||
| Other trading activities | ||
| Club activities cost | 8,405 | 6,863 |
| Club functions cost | 6,257 | 3,290 |
| Cost of clothing for resale | 5,945 | 4,079 |
| SLSGB subscriptions | 8,298 | 6,775 |
| Affiliation fees | 200 | 200 |
| Examination & course fees | 1,544 | 5,591 |
| Competition expenses | 13,797 | 5,004 |
| 44,446 | 31,802 | |
| Charitable activities | ||
| Rates and water | 995 | 157 |
| Insurance | 1,857 | 2,815 |
| Light and heat | 2,060 | 2,052 |
| Telephone | 501 | 65 |
| Sundries | 44 | - |
| Building repairs | 4,038 | 4,109 |
| Equipment costs | 2,772 | 13,480 |
| Mule & IRB costs | 280 | 834 |
| 12,547 | 23,512 |
This page does not form part of the statutory financial statements
Page 11
HAYLE SURF LIFE SAVING CLUB
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Support costs | ||
| Management | ||
| Plant and machinery | 1,527 | 529 |
| Total resources expended | 58,520 | 55,843 |
| Net income/(expenditure) | 5,811 | (487) |
This page does not form part of the statutory financial statements
Page 12
REGISTERED CHARITY NUMBER: 1035924
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
FOR
HAYLE SURF LIFE SAVING CLUB
Greenwood Wilson The Old School The Stennack St Ives Cornwall TR26 1QU
HAYLE SURF LIFE SAVING CLUB
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 10 |
| Detailed Statement of Financial Activities | 11 | to | 12 |
HAYLE SURF LIFE SAVING CLUB
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1035924
Principal address
Riviere Towans Phillack Hayle Cornwall TR27 5AF
Trustees
Ms T Parker Treasurer and Child Protection F Jacobs Secretary E Tredinnick B Jacobs Chairman T LaTouche President (appointed 1/1/2023) A Berriman Vice-Chairman (appointed 1/1/2023) L Chandler Membership Secretary (appointed 1/1/2023) C Hoggett Crisp (appointed 1/1/2023) S Hoggett Crisp (appointed 1/1/2023) C Wilson Child Protection (appointed 1/1/2023) C Higgins (appointed 1/1/2023) G Gratton (appointed 1/1/2023) G Hughes (appointed 1/1/2023) N Brown Captain (appointed 1/1/2023)
Independent Examiner
Robert Langley ATT CTA Greenwood Wilson The Old School The Stennack St Ives Cornwall TR26 1QU
Approved by order of the board of trustees on 29 November 2024 and signed on its behalf by:
B Jacobs - Trustee
Page 1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HAYLE SURF LIFE SAVING CLUB
Independent examiner's report to the trustees of Hayle Surf Life Saving Club
I report to the charity trustees on my examination of the accounts of Hayle Surf Life Saving Club (the Trust) for the year ended 31 December 2023.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Robert Langley ATT CTA
Greenwood Wilson The Old School The Stennack St Ives Cornwall TR26 1QU
29 November 2024
Page 2
HAYLE SURF LIFE SAVING CLUB
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 4,952 Other trading activities 3 59,253 Investment income 4 126 Total 64,331 EXPENDITURE ON Raising funds 44,446 Charitable activities General fund raising actvities 14,074 Total 58,520 NET INCOME/(EXPENDITURE) 5,811 RECONCILIATION OF FUNDS Total funds brought forward 630,455 TOTAL FUNDS CARRIED FORWARD 636,266 |
Restricted funds £ - - - - - - - - 20,001 20,001 |
2023 Total funds £ 4,952 59,253 126 64,331 44,446 14,074 58,520 5,811 650,456 656,267 |
2022 Total funds £ 13,864 41,485 7 55,356 31,802 24,041 55,843 (487) 650,943 650,456 |
|---|---|---|---|
The notes form part of these financial statements
Page 3
HAYLE SURF LIFE SAVING CLUB
BALANCE SHEET 31 DECEMBER 2023
| Notes FIXED ASSETS Tangible assets 7 CURRENT ASSETS Stocks 8 Cash at bank NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 9 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted fund £ 586,704 2,450 47,112 49,562 49,562 636,266 636,266 |
Restricted funds £ 20,001 - - - - 20,001 20,001 |
2023 Total funds £ 606,705 2,450 47,112 49,562 49,562 656,267 656,267 636,266 20,001 656,267 |
2022 Total funds £ 608,232 2,450 39,774 |
|---|---|---|---|---|
| 42,224 | ||||
| 42,224 | ||||
| 650,456 | ||||
| 650,456 | ||||
| 630,455 20,001 |
||||
| 650,456 |
The financial statements were approved by the Board of Trustees and authorised for issue on 29 November 2024 and were signed on its behalf by:
B Jacobs - Trustee
T Parker - Trustee
The notes form part of these financial statements
Page 4
HAYLE SURF LIFE SAVING CLUB
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. DONATIONS AND LEGACIES
| Donations Grants |
2023 £ 4,152 800 4,952 |
2022 £ 2,291 11,573 |
|---|---|---|
| 13,864 |
Page 5
continued...
HAYLE SURF LIFE SAVING CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
2. DONATIONS AND LEGACIES - continued
Grants received, included in the above, are as follows:
| Co-op Sportsbid Sported Devon & Cornwall Police 3. OTHER TRADING ACTIVITIES Fundraising events Membership & subscriptions Swimming fees/subs Course fees Clothing & kit sales Equipment sales Competition fees Sundry income 4. INVESTMENT INCOME Deposit account interest |
2023 £ - - - 800 800 2023 £ 12,077 16,562 16,169 2,097 4,257 1,150 6,941 - 59,253 2023 £ 126 |
2022 £ 2,688 8,685 200 - |
|---|---|---|
| 11,573 | ||
| 2022 £ 7,133 11,290 17,052 - 4,782 150 913 165 |
||
| 41,485 | ||
| 2022 £ 7 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.
Page 6
continued...
HAYLE SURF LIFE SAVING CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
| 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 13,864 Other trading activities 41,485 Investment income 7 Total 55,356 EXPENDITURE ON Raising funds 31,802 Charitable activities General fund raising actvities 24,041 Total 55,843 NET INCOME/(EXPENDITURE) (487) RECONCILIATION OF FUNDS Total funds brought forward 630,942 TOTAL FUNDS CARRIED FORWARD 630,455 7. TANGIBLE FIXED ASSETS Long leasehold £ COST At 1 January 2023 and 31 December 2023 492,315 DEPRECIATION At 1 January 2023 - Charge for year - At 31 December 2023 - NET BOOK VALUE At 31 December 2023 492,315 At 31 December 2022 492,315 |
Restricted funds £ - - - - - - - - 20,001 20,001 Plant and machinery £ 117,313 1,396 1,527 2,923 114,390 115,917 |
Total funds £ 13,864 41,485 7 55,356 31,802 24,041 55,843 (487) 650,943 650,456 Totals £ 609,628 1,396 1,527 2,923 606,705 608,232 |
|---|---|---|
continued...
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HAYLE SURF LIFE SAVING CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
8. STOCKS
| Stocks 9. MOVEMENT IN FUNDS Unrestricted funds General fund Restricted funds Co-op Sportsbid Esc Lottery TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Restricted funds Co-op Sportsbid Esc Lottery TOTAL FUNDS |
At 1/1/23 £ 630,455 1,489 8,712 9,800 20,001 650,456 Incoming resources £ 64,331 64,331 At 1/1/22 £ 630,942 1,489 8,712 9,800 20,001 650,943 |
2023 2022 £ £ 2,450 2,450 Net movement At in funds 31/12/23 £ £ 5,811 636,266 - 1,489 - 8,712 - 9,800 - 20,001 5,811 656,267 Resources Movement expended in funds £ £ (58,520) 5,811 (58,520) 5,811 Net movement At in funds 31/12/22 £ £ (487) 630,455 - 1,489 - 8,712 - 9,800 - 20,001 (487) 650,456 |
|---|---|---|
continued...
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HAYLE SURF LIFE SAVING CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
9. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 55,356 | (55,843) | (487) |
| TOTAL FUNDS | 55,356 | (55,843) | (487) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Co-op Sportsbid Esc Lottery TOTAL FUNDS |
At 1/1/22 £ 630,942 1,489 8,712 9,800 20,001 650,943 |
Net movement in funds £ 5,324 - - - - 5,324 |
At 31/12/23 £ 636,266 1,489 8,712 9,800 |
|---|---|---|---|
| 20,001 | |||
| 656,267 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 119,687 | (114,363) | 5,324 |
| TOTAL FUNDS | 119,687 | (114,363) | 5,324 |
continued...
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HAYLE SURF LIFE SAVING CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2023.
Page 10
HAYLE SURF LIFE SAVING CLUB
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 4,152 | 2,291 |
| Grants | 800 | 11,573 |
| 4,952 | 13,864 | |
| Other trading activities | ||
| Fundraising events | 12,077 | 7,133 |
| Membership & subscriptions | 16,562 | 11,290 |
| Swimming fees/subs | 16,169 | 17,052 |
| Course fees | 2,097 | - |
| Clothing & kit sales | 4,257 | 4,782 |
| Equipment sales | 1,150 | 150 |
| Competition fees | 6,941 | 913 |
| Sundry income | - | 165 |
| 59,253 | 41,485 | |
| Investment income | ||
| Deposit account interest | 126 | 7 |
| Total incoming resources | 64,331 | 55,356 |
| EXPENDITURE | ||
| Other trading activities | ||
| Club activities cost | 8,405 | 6,863 |
| Club functions cost | 6,257 | 3,290 |
| Cost of clothing for resale | 5,945 | 4,079 |
| SLSGB subscriptions | 8,298 | 6,775 |
| Affiliation fees | 200 | 200 |
| Examination & course fees | 1,544 | 5,591 |
| Competition expenses | 13,797 | 5,004 |
| 44,446 | 31,802 | |
| Charitable activities | ||
| Rates and water | 995 | 157 |
| Insurance | 1,857 | 2,815 |
| Light and heat | 2,060 | 2,052 |
| Telephone | 501 | 65 |
| Sundries | 44 | - |
| Building repairs | 4,038 | 4,109 |
| Equipment costs | 2,772 | 13,480 |
| Mule & IRB costs | 280 | 834 |
| 12,547 | 23,512 |
This page does not form part of the statutory financial statements
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HAYLE SURF LIFE SAVING CLUB
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Support costs | ||
| Management | ||
| Plant and machinery | 1,527 | 529 |
| Total resources expended | 58,520 | 55,843 |
| Net income/(expenditure) | 5,811 | (487) |
This page does not form part of the statutory financial statements
Page 12