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2021-09-30-accounts

2021 2021 2020
Notes f f f
f
Income resources
(from unrestricted general funds)
Donations 29,562 33,218
Fundraising 39 582
Profit on Sale ofAssets 0 0
Interest received 1 7
Total incoming resources 29,602 33,807
Expended resources
Expenditure
on Charity's objects
23,700 21,370
Net resources 5,902 12,437
Unrestricted
funds
(balance b/forward) 49,414 57,977
Net resources for the year 5,902 12,437
Funds Designated during the year 8 1,286 (21,000)
Unrestricted
General funds (balance c/forward)
8 56,602 49,414

2021 2021 2020 2020
Notes E f E f
Fixed Assets
Tangible assets 39,642 41,210
Current Assets
Cash at bank 79,235 65,204
Debtors 6 0 0
Current
Liabilities
Creditors
(falling
due within one year) 7 6,561 72,674 0 65,204
Total Assets less current Liabilities 112,316 106,414
Funds
Designated
funds
Undesignated
funds
General funds
55,714
4,113
52,489
57,000
4,113
45,301
Total Unrestricted funds 8 112,316 106,414

Boats and Equipment Boats and Equipment
2021 2020
E f
Cost
As at start of period 149,426 149,426
Additions 11,824
Disposals 0
At end ofperiod 161,250 149,426
Depreciation
Asatstartof
period
108,217 95,562
Charge for the year 13,391 12,655
Disposals 0 0
At end ofperiod 121,608 108,217
Net BookValue
As at end of period 39,642 41,209
Previous year 41,209 53,864
6
Debtors
Other debtors
7
Creditors (falling due within one year)
Other creditors 6,561
8
Unrestricted
Funds
Designated
funds
As at start of period 57,000 36,000
Movement
in funds
1,286 21,000
At end ofperiod 55,714 57,000
General funds
As at start of period 49,414 57,977
Movement
in funds
7,188 (8,563)
At end ofperiod 56,602 49,414

Detailed income &Ex penditure
Account
penditure
Account
2021 2020
E E E E
Income
Donations 29,562 33,218
Fundraising 39 582
Income on sale ofassets 0 0
Bank interest received 1 7
Totalincome 29,602 33,807
Expenditure
Maintenance ofboats and equipment 4,114 944
Other expenses 374 317
Training expenses & Race Entries 1,100 55
General expenses 4,503 3495
Catering 0 81
Membership fee to Sussex Yacht Club 88 80
Professional fees for Fundraising 0 3,613
Administration 130 130
Depreciation of boats and equipment 13,391 12,655
Total expenditure 23,700 21,370
Surplus/(Deficit) of Income over Expenditure 5,902 12,437