RUTLAND SAILABILITY
A COMPANY LIMITED BY GUARANTEE- CHARITY NUMBER: 1069540
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024
LEGAL AND ADMINISTRATIVE DETAILS
TRUSTEES
As at 31st De￿mber 2024
Mr J Deane
Mrs J Dunderdale
Mr R Goodwin
Mr T Mcwilliams
Mr A Painter
Mr J Schofield
Mr A St John (Chairman)
REGISTERED OFFICE
clo RLrtland Sailing Club.
Gibbet Lane.
Edith Weston.
Oakham.
Ruuand LE15 8HJ.
BANKERS
Barclays Bank UK plc
1 Churchill Pla
London
E14 5HP
ACCOUNTANT
A & K Associates Limited
15 The Green
Ketton
Stamford
PE9 3RA
GOVERNING INSTRUMENT The charity is govemed by its
Memorandum and Articles of
Association
CHARITY NUMBER
1069540
COMPANY NUMBER
3526980

RUTLAND SAILABILITY
A COMPANY LIMITED BY GUARANTEE- CHARITY NUMBER: 1069540
REPORT OF THE TRUSTEES
The trustees, who are directors of the Company for the purposes of company law. present their annual report
and financial statements for the year ended 31st De￿mber 2024.
Structure, Governance and Management
Rutland Sailability is a registered charity incorporated as a charitable company limited by guarantee,
governed by its Memorandum and Articles of Association, dated 13th March 1998. The organisation is
administered by its board of unpaid trustees, who are elected by the membership for 3-year terms. The
charity has no employees. its activities being made possible by the support of its voluntary helpers.
In exercising their powers and dtrties the trustees have had due regard to the guidance on public benefit
published by the Charity Commission.
Objectives and Activities
The objects of Rutland Sailability are principally the provision and maintenance of sailing and recreation
facilities for people with disabilities. The charrty operates as a dub, membership being open to both people
with disabilities and the able-bodied. all of whom work together for the enjoyment of sailing.
Financed solely by charitable donations. the Club operates a fleet of boats at Rutland Water, from the
premises of Rutland Sailing Club, whose c(H)peration and support are greatly appreciated. Most of the
charity's boats are specifically designed to enable sailing by those with disabilities. The large group of
volunteer helpers includes RYA qualified instructors who are available to assist with training and
development of all levels of sailors, from novi￿ to paralympic racing standard.
Achievements and Perforniance
This year has seen Rutland Sailability (RS) Members enjoying their sailing and Club activities both at home
and away travelling to Races both in this country and abroad. A number of our racing sailors now regularly
take part in the Sunday Racing at Rutland including SKUD, Challenger, Liberty and 303 sailors. Challenger
sailors, participation in RSC Sunday racing has seen our sailors amongst the top of the club dinghy handicap
fleet and often we have had the largest fleet on the water. Our sailors have also participated in RSC
Thursday evening racing. One series was won by a Challenger sailor.
Importantly as Sarah Forsyth retires as our main Fund Raiser we must say thank you for all the hard work
done to keep the funds coming in. Over the years Sarah has raised many thousands of pounds which have
paid for the specialist equipment and boats allowing us all to enjoy the pleasures of sailing.
On the financial support to sailing side of our operation. we must thank all our supporters, once again. for
their very kind donations during 2024. Their money allowed us to purchase a new "green buggy, plus 2 new
hoists this year. As with last year, our hoist supplier has agreed to cary the risk of not starting the hoists
operational lives until they are commissioned in the spring of 2025. This support adds some 6 to 8 months to
the operational life of the hoists.
Our "ownership" of the Rutland Sailability trddemark came up for renewal in April 2024. The trustees took the
decision not to use a 3r(1 party to renew the Rutland Sailability trademark. This decision resulted in a saving
of £400.
It is important at this point to acknowledge the debt of gratitude we owe to all our volunteers, whatever their
role but in particular this year to mention 3 volunteers by name who have collectively given over 30+ years,
service to Rutland Sailability as Fleet Captains. To lan McNair. Philip Mason and John Deane a special
mention and a thank you for all the time, energy. skill and friendship that you have given to all of us. keeping
your fleets
(Liberty, Challenger and Venture) in tip top condition allowing "Safe and Fun Sailing..

RUTLAND SAILABILITY
A COMPANY LIMITED BY GUARANTEE- CHARITY NUMBER: 1069540
REPORT OF THE TRUSTEES
cont
Whilst the number of aduft disabled sailors has not grown this year, our Youth sailors who sail on Saturday
mornings continues to grow under the leadership of Tony Bamiby, Craig Dunderdale and Wendy Alexander.
Unfortunately the downside is that the Saturday sailing group has become increasingly popular and there is
a waiting list for new youngsters to join in.
In 2023 we received a very generous donation which enabled RS to make some changes retiring older
boats. The Hawk which was purchased in late 2023 is proving a popular asset providing a safe platform for
some exciting sailing, in addition it has been used frequently for those training to be RYA Instructors. RS
has also taken delivery of a new 303 and a new Liberty and 2 new RS Ventures which have been used
throughout the year. The ordered new Challenger arrived at the end of March 2025.
We have been delighted to welco￿￿ a steady influx of new volunteers this season. Their presence is
invaluable. as fresh faces invigorate our community. It is essential that we not only wel(x)me these
newcomers but also encourage our volunteers to embrace other roles that extend beyond just sailing. Many
of these opportunities do not require ongoing management involvement or participation in a committee,
which may not appea5 to everyone.
To all our volunteers thank you. Whatever time and skills you can offer (boat repairs. sailing skills, fund
raising, media skills) we need you.
Managing Administration and Communication remains very challenging. Developing the systems that allow
sensible communication to the outside world through our website and enable in-house systems for
membership registration & weekly management of sessions has been achieved. Thank you to those
involved. Now please continue to use them for the benefit of all.
Rutland Sailability has again been active on the racing circuit both at home and abroad. Challenger sailors,
Libety and 303 sai5ors.
During the 2024 sailing season RS Challenger sailors took part in the National Open Handicap Sailjuice
Series competing against top sailors one of our sailors winning the Masters Class. Further successes were
achieved in Challenger Travellers Events, throughout the country, most events being won by an RS sailor.
During the Challenger UKS, held at Rutland SC. our own sailors came 1st. 2nd and 3rd in both the Gold and
Silver Fleets. One of our own sailors is now the current UK Champion.
Our Libety and 303 sailors have been sailing at the various TT events proving that Rutland Sailability is alive
and welll Paul Pearson, Ric Cassel, Simon Harie and Chris Emmett ranking highly throughout the season.
Our team travelled to the Hansa European Championships held at the Royal Yacht Club at Sneek (the
Netherlands) in September with excellent results.
In October 2024 the Venture Connect World Championships organised by World Sailing and RS Sailing,
hosted by RSC were held at Rutland Water. Rutland Sailability provided the manpower for the use of our
hoists and entered 2 crews in the event. Venture 627 was sailed with pole steering and crewed by Deb
and Logan while 628 was sailed with electric steering and crewed by Allan and John. The weather
throughout was particularly challenging with the high winds forcing the organisers to restrict all competitors
to a reefed main or no spinnakers for many of the races. Despite both fierce weather and competition the
Rutland crews proved themselves more than up for the event and despite their inexperience of sailing the
Venture Connect at this level they achieved creditable results on the 'world stage,
It is clear that Rutland Sailability has much to offer and much of which we can be very proud. Overall
through recreational sailing. training and racing. Rutland Sailability activities in 2024 enabled many more
members to enjoy the sport of sailing.

RUTLAND SAILABILITY
A COMPANY LIMITED BY GUARANTEE-CHARITY NUMBER: 1069540
REPORT OF THE TRUSTEES
cont
Controlling Interest
The control of the charity rests wtth the board of unpaid trustees. who meet on a monthly basis to administer
the affairs of the charity.
Trustees and their Interests
The trustees in office during the year are shown on page 1.
Policy on Reserves
The unrestricted general fijnd now stands at £67.894. The nature of our annual cash flows is such that the
bulk of our normal expenditure falls due at the commencement of our financial year. Such a sum is
therefore not excessive.
Risk Review
The tnjstees have assessed the major risks to which the charity is exposed. in particular those related to
the operations and finances of the charty. and are satisfied that the systems are in pla￿ to mitigate our
exposure those major risks.
Trustees. Responsibilities
Company law requires the trustees to prepare financial statements for each financial period, providing a true
and fair view of the state of affairs of the charity at the end of that period and of the net Income or
expenditure of the charity for that period. In preparing those financial statements the trustees are required
to=
select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent"
follow applicable accounting standards. subject to any material departures disclosed
and explained in the financial statements;
prepare the financial statements on the on-going concem basis unless it is inappropriate to presume
that the charity will continue in operation.
The trustees are responsible for maintaining proper accounting records that disclose with reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of
the charity and for taking reasonable steps for the preventionldetection of fraLJd and other irregularities.
Political and Charitable Donations
The charity made no political contributions. nor donations to other charitable organisations, during the period.

RUTLAND SAILABILITY
A COMPANY LIMITED BY GUARANTEE- CHARITY NUMBER: 1069540
REPORT OF THE TRUSTEES
ont
Small Company Exemption
The report of the trustees has been prepared in accordan￿ with the speaal provisions of the Companies Act
2006 applicable to companies subject to the small companies. regime.
This report was approved by the trustees on 3 April 2025 and signed on their behaEf by:
Mr A St John
Chairman

RUTLAND SAILABILITY
A COMPANY LIMITED BY GUARANTEE- CHARITY NUMBER: 1069540
INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS ON THE
FINANCIAL STATEMENTS OF RUTLAND SAILABILITY
I report on the accounts of Rutland Sailability for the year ended 31st December 2024
as set out in the annual report.
Respective Responsibilities of the Management Committee and the Examiner
The charity's trustees are responsible for the p￿paration of the accounts. The charity's trustees
consider that an audit is not required for this year under section 144 of the Charities Act 2011 and that
an independent examination is needed.
It is my responsibility to-
examine the accounts under section 145 of the Charities Act,
to follow the prO￿dureS laid down in the General Directions given by the Charity Commission
(under section 145(5))(b) of the Charities Act. and
to state whether particular matters have come to my attention.
Basis of Independent Examiner's Ststement
My examination was carried out in accordance with the General Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the Charity and a
comparison of the accounts presented wtth those records. It also includes consideration of any unusual
items or disclosures in the accounts, and seeking further explanations from the management committee
concerning any such matters. The prO￿dureS undertaken do not provide all the eviden￿ that would
be required in an audit and, consequently, no opinion is given as to whether the accounts present a
'true and fair, view and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention:
which gives me reasonable cause to believe that, in any material respect. the requirements:
to keep accounting records in accordance with section 130 of the Charities Act" and
to prepare accounts which accord with the accounting records and comply with the
accounting requirements of the Charities Act have not been met" or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of
the accounts to be reached.
A & K Associates Limited
15 The Green
Ketton
Stamford
PE9 3RA
20th March 2025

RUTLAND SAILABIUTY
A COMPANY LIMITED BY GUARANTEE- CHARITh NUMBER." 1069540
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUN
FOR THE YEAR ENDED 31 st DECEMBER 2024
Note <41nrestricted Funds
General
Designated
Restricted
Funds
2024
Total
2023
Total
Incoming Resources
Donations and sponsotship
Gift Aid tax refund
Activities in furtheran￿ of
the Charity's objectives..
Member subscriplions
Activities for geneTrting funds=
Funds raising
Social events
Clothing sales
(1)
34.153
2.454
3.637.00
37.790 110,695.00
2,454
2,152
11.025
11.025
7,997
272
1,957
272
1.957
1,739
2,130
49.861
3,637.00
53.498
124,713
Income from investment"
Bank deposit interest
HMRC interest
Tptal Incoming Resources
80
101
50,042
80
101
53,679
65
124,778
3,637.00
Resources Expended
Costs of generating funds..
Funds raising costs
Social events
Clothing purchases
{1)
2,025
2,025
2,133
2.025
2,025
2,133
Charitable Expenditure
Costs of aGtivtties in furtheranGe
of the chaiity's objectives=
Rutland Sailing Club fees
Racing event expenses
Insuran
Maintenance of Boats & EqUip￿ent
Safety boat Nnning (x)sts
Depreciation
Dry suits & buoyancy aids
Admin. supplies
Member training & COLsrse fees
(1)
16.420
16,420
3,639
3,667
9,319
926
37,825
16,596
5,500
3,519
9,590
869
45,517
3.639.00
3,667
8,114
926
3,973
1,205.00
33.852
2,266
430
2,266
430
2,417
1,249
Management and administration:
Accountants
Sub-total
Total Expenditure
(13)
300
36,096
38.121
300
74,792
76,817
300
85,557
87.690
33,852
33,852
4.844
4,844
Net incomingl(outgoing) resources
bpfore transfers
Transfer between funds
Net movement in funds
Tptal funds at 1st January
Tptal funds at 31 st December
11.921
3.023
8.898
58,996
67,894
(33.852)
3,021
(30.831)
39,371
8,540
(1 .207)
(23,138)
37,088
(1 .205)
5,122
3,917
(23.138)
103.489
80,351
37,088
66,401
103,489
MoverrEnts in funds are disclosed in Note 6 to the financial statements.
The notes on pages 9 to 14 form an integral part of these financial statements.

RUTLAND SAILABILITY
A COMPANY LIMITED BY GUARANTEE- CHARITY NUMBER: 1069540
BALANCE SHEET AT 31 st DECEMBER 2024
2024
2023
Note
Fixed assets
(2)
Current assets
PrepaY￿EntS and other debtors
Cash at bank and in hand
(3)
(4)
13,851
90,767
82,676
82,676
104,618
Creditors - an￿untS falltng due
thin 1 year
Memberships in advance
Deposits held
2,325
939
190
2,325
1,129
Net current assets
80.351
103,489
Reserves
Unrestricted general fund
(5)
67,894
58,996
Unrestricted desunated funds
{6)
17)
8.540
39,371
Restrictsd fvnds
3,917
5,122
80,351
103.489
The Trustees, statements required by Section 475(2) and (3) are shown on
the following page, ￿lch forrns part of the balance sheet.

RUTLAND SAILABILITY
A COMPANY LIMITED BY GUARANTEE- CHARITY NUMBER: 1069540
BALANCE SHEET AT 31ST DECEMBER 2024
Directors, statements re
uired b Section
475
and
for the
ear ended
31 December 2024
In approving these financial statements as directors of the company we hereby confimi..
1 } that for the financial year stated above the company was entitled to the exemption conferred by
Section 477 of the Companies Act 2006.
2) that no noti￿ has been deposited at the registered office of the company pursuant to Section 476
requesting that an audit be conducted for the year ended 31 December 2024. and
3) that we acknowledge our responsibilrties for:
i. ensuring that the company keeps accounting records which comply with Section 386. and
Ll. preparing financial statements which give a true and fair view of the state of affairs of the
company as at the end of the financial year and of its profit and loss for the year then ended
in accordance with the requirements of Sections 394 and 395 and which otherwise comply
with the provisions of the Companies Act relating to financial statements, so far as
applicable to the company.
These accounts have been prepared in accordance with the special provisions of Part 15 of the
Companies Act 2006 and the Financial Reporting Standard for Smaller Entities (effective April 2008)
relating to small companies, together wtth the SORP relating to Charities and the Charities Act 2006.
These financial statements were approved by the trustees on 3rd April 2025 and were signed on their
behalf by:
Mr A St John
Mr A Painter
Chaimian
Treasurer
The notes on pages 9 to 13 fomi an integral part of these financial statements.

10
RUTLAND SAILABILITY
A COMPANY LIMITED BY GUARANTEE- CHARITY NUMBER: 1069540
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
I. ACCOUNTING POLICIES
Basis of Preparation
The financial statements have been prepared under the historical cost convention, and in accordance
with applicable Accounting Standards and the Statements of Recommended Practice (SORP),
'Accounting and Reporting by Charities, published in October 2005.
The chartty has availed itself of Paragraph 3 (3) of Schedule 4 of the Companies Act and adapted the
Companies Act formats to reflect the special nature of the charitys activities.
Incoming Resources
Income represents donations, subscriptions and other fvnds generated from fundraising activities. All
income was attributable to the United Kingdom.
Resources Expended
All expenditure is accounted for on an ac(xuals basis and has been dassified under headings that
aggregate all costs related to the category.
Depreciation
The charity continues with its historic practice of writing off the cost of all boat and equipment purchases
in the year of acquisition. For Insuran￿ purposes, the charity's assets were valued at £252,800 at the
year end. This is based on a like-for-like (not new for old) valuation for our boats.
General Funds
General funds are unrestricted funds which are available for use at the dis(xetion of the trustees in
furtherance of the general objectives of the charity.
Restricted Funds
Restricted funds are funds which are to be used in accordan￿ with specific wishes of donors. or which
have been raised by the charty for particular purposes. The purposes of any restricted funds are set out
in the notes to the financial statements.
Designated Funds
These are amounts which have been set aside at the discretion of the tnjstees for specific, but not legally
binding, purposes which are explained in the notes to the financial statements.
Cash Flow Statements
The financial ststements do not include a cash flow statement because the charity. as a small reporting
entity, is exempt from the requirement to prepare such a statement under Financial Reporting Standard l.
Taxation
The company. as a registered charity. is not liable to corporation tax.

RUTLAND SAILABILITY
A COMPANY LIMITED BY GUARANTEE - CHARITY NUMBER: 1069540
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 st DECEMBER 2024
CONTINUED
TANGIBLE FIXED ASSETS
(all equtpment)
Totsl
Cost
As at January 1 st 2024
Additions less Disposals
Revaluation
182,329
37,825
32,646
As at December 31 st 2024
252 800
Depreciation
As at January 1st 2024
Charged for the year
Revaluation
182,329
37.825
32,646
As at De￿mber 31 st 2024
252 800
Net Book Amount
As at January 1 st 2024
NIL
As at December 31st 2024
NIL
The trustees have decided that that the current insurance valuatK)n of our assets is Ihe most
appropriate valuation for us. Cost and depreciation figures have been adjusted to reflect Ihis
valuation. As the cost of all boat and equipment purchases are wriiten off in the year of
acquisf(ion. no adjustment in repect of prioryears is necessary.
PREPAYMENTS AND OTHER DEBTORS
Prepayments and other debtors (2024 £Nil) in 2023 included the sum of £2,217 in respect of
Gift Aid received after the year end. and £11.634 deposits on replacement boats delivered
during 2024.
CASH AT BANK AND ON HAND
2024
2023
Current Accounts
82.676
90.767
Cash on Hand
82,676
90,767

12
RUTLAND SAILABILITY
A COMPANY LIMITED BY GUARANTEE - CHARITh NUMBER: 1069540
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 st DECEMBER 2024
CONTINUED
MOVEMENT AND VALUATION OF FUNDS
<-Unrestricted Funds
General
Designated
Restricted
Funds
2024
Total
Funds BIF January 1 st 2024
58,996
39,371
5,122
103,489
Transfe￿ Between Funds
(3.023)
3.021
Excess of Income Over Expendrture
(before depreciation & interest)
49,565
(33,852)
{1,207)
14,506
Depreciation of CapÉtal Expenditure
InCU￿d in Year
(37.825)
{37.825)
Interest and Dividends Received
181
181
Funds CIF De￿mber 31st 2024
67.894
8,540
3,917
80,351
The accounting policy for funds is described in We 1 to these financial statenEnts.
The General Fund represents the free funds of the charity ￿1¢h are mt designated for
particular purposes.
DESIGNATED FUNDS
Transfer to
General
Fund
BalanGe at
0110112024
Incoming
Funds
Resources
Expended
Balance at
3111212024
Boats and Equipment
Replacement
39,371
33,852
3,021

13
RUTLAND SAILABIUTY
A COMPANY LIMITED BY GUARANTEE - CHARITY NUMBER: 1069540
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31st DECEMBER 2024
CONTINUED
RESTRICTED FUNDS
Transfer to
General
Balance at
Incoming
0110112024 Funds (net)
Resources
Balance at
Expended
Fund
3111212024
5.122
3.637
4,844
3.917
The balan￿ on this fund is to be utilised for the annual maintenance and running costs of a
Venture narrEd 'Jane Carol..
TOTAL FUNDS
<-Unrestricted Funds
General
Designated
Restricted
Funds
Total
Funds
Current Assets
82.676
82,676
(2,3251
Current Liabiltties
{2,325)
Total Net Assets
80,351
80,351
CONTINGENT LIABIUTIES
There were no contingent liabilities at 31 st December 2024.
10. CAPITAL AND REVENUE COMMITMENTS
Capttal commitments contracted for but not provided in Ihe financkil ststements
amounted to £8,540 (2023 £31.270).
The charity is commttted to pay Rutland Sailing Club a fee of £642 p.a. for as
long as the use of the boat store is required. The chartty has no other
commitments at 31st De￿rnber 2024 (2023 - £642).
11. TRUSTEES. REMUNERATION AND WAGES
The company has no employees. The tTUStees and helpers receNed no incon
or financial beneftt from the company.

14
RUTLAND SAJLABILITY
A COMPANY LIMITED BY GUARANTEE- CHARITY NUMBER: 1069540
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
12. CONTROLLING PARTY
The charity is controlled by the board of trustees.
13. ACCOUNTANT'S REMUNERATION
Paragraph 9.23 of the Statement of Recommended Practice (SORP) requires that charities disdose
the amount payable to their independent examiner.
The independent examiner's remuneration of £300 related solely to the independent scrutiny of
the accounts with no other additional work being undertaken.
14. PROVISIONS AVAILABLE FOR SMALL ENTITIES
In common with many other charities of our size and nature. we use our accountants to assist us
with the preparation of the financial statements.