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|Reference and administrative|Reference and administrative|Reference and administrative|details ofthe charity, its trustees and advisers||
|---|---|---|---|---|
|Trustees'
report||||2 —7|
|Independent
examiner's||report|||
|Statement offinancial||activities|||
|Balance sheet||||10|
|Notes to the financial|statements|||11-25|
|Trustees||DrJD Hill|DrJD Hill|Chair|
|---|---|---|---|---|
|||Mr ARD|Anderson|Treasurer|
|||Mr PABone|||
|||Mrs JByrne|||
|||Mr MRMalric-Smith|||
|||Mr ID M|Oag|Resigned 27 May 2022|
|||Mrs TJVassollo|||
|||Dr JRichardson|||
|Company|registered||||
|number||04592593|||
|Charity registered|||||
|number||1096256|||
|Registered|office|5 Richmond
Walk|||
|||Devonport|||
|||Plymouth|||
|||Devon|||
|||PL1 4LL|||
|Accountants||Northcott|Trumfield||
|||Chartered|Accountants||
|||Devonshire|Villa||
|||52 Stuart Road|||
|||Stoke|||
|||Plymouth|||
|||Devon|||
|||PL3 4EE|||
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|tricted|||||
|---|---|---|---|---|
|Peter Harrison Foundation||Volunteer
Training||8,000|
|Jordon Sinnott Foundation||Boat Purchase||3,045|
|Worshipful
Company ofShipwrights||Safety Boat||2,500|
|Bernard Sulley Foundation||Safety Boat||5,000|
|The Albert Hunt Trust||Safety Boat||2,000|
|ESGRobinson Charitable|Trust|After School Family Project||1,000|
|William Wates Charitable|Trust|After School Family Project||2,000|
|The Scobell Charitable
Trust||Mooring||2,000|
|The Clare Milne Trust||Friendship
Repair||5,000|
|Pentland
Stalls Charitable|Trust|General Operating|Costs|1,000|
|Arnold Clark Community|Fund|General Operating|Costs|1,000|
|Catherine
Woodmancy
Foundation||Volunteer
Training||1,800|
|Mount Batten Centre Charity Trust||Cadet Training||3,900|
|Bruce Wake Charitable
Trust||Friendship
Repair||3,000|
|Other||||975|
|||||42 220|
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
||||2022|2022|2022|2021|
|||Note|||||
|Income and endowments|from:||||||
|Donations
and legacies|||36,509|48,894|85,403|88,023|
|Charitable
activities|||12,442||12,442|3,648|
|Other trading activities|||10,361||10,361|1,676|
|Fundraising|||5,441||5,441||
|Investments|||2,360||2,360|2,743|
|Other income|||850||850|27,588|
|Total income|||67,963|48,894|116857|123,678|
|Expenditure
on:|||||||
|Raising funds||4,7|12,727||12,727|9,057|
|Charitable
activities|||111,893|46,646|158,539|125,193|
|Total expenditure||10|124,620|46 646|171,266|134260|
|Net income/(expenditure)|before||||||
|investment
revaluation|||(56,657)|2,248|(54,409)|(10,572)|
|Net gain/(loss)
on investments||15|11,832||11,832|23 602|
|Net income/(expenditure)|||(68,489)|2,248|(66,241)|13,030|
|Transfer between funds|||3,045|(3,045)|||
|Net movement
in funds||18|(65,444)|(797)|(66,241)|13,030|
|Reconciliation
offunds:|||||||
|Total funds brought
forward||18|210,197|17,810|228,007|214,977|
|Total funds carried forward||18|144,753|17,013|161,766|228 007|
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||||2022||2021||
|---|---|---|---|---|---|---|
|||Note|||||
|Fixed Assets|||||||
|Tangible assets||14||39,577||50,339|
|Investments||15||78,141||100,341|
|||||117,718||150,680|
|Current
Assets|||||||
|Debtors||16|15,101||9,188||
|Cash at bank|and in hand||36,570||78,475||
||||51,671||87,663||
|Creditors:
Amounts
falling due within one year||17|~7,623||10,336||
|Net Current|Assets|||44,048||77,327|
|Net Assets||||161,766||228,007|
|Charity Funds:|||||||
|Unrestricted|funds|18||144,753||210,197|
|Restricted funds||18||17,013||17,810|
|Total Charity Funds||||161,766||228,007|
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|following|bases:||||
|---|---|---|---|---|
|Short-term|leasehold property|5-10%|straight|line|
|Boats||25%|straight|line|
|Motor vehicles||25%|straight|line|
|Equipment||25%|straight|line|
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||||2022|2021|
|---|---|---|---|---|
|Unrestricted||income|||
|Donations|||||
|Individual|donation||30,784|15,000|
|HMRC Gift||Aid|5,725|6,050|
|Other||||5,225|
||||36,509|26,275|
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##
|||Unrestricted|Total|Unrestricted|Total|
|---|---|---|---|---|---|
|||2022|2022|2021|2021|
|Sailing activities||12,442|12,442|3,648|3,648|
|||12,442|12,442|3,648|3 648|
|Other Trading Activities||||||
|Trading||10,361|10,361|||
|Fundraising|events|5,441|5,441|1,676|1,676|
|||15,802|15,802|1 676|1 676|
|2,360|2,360|2,743|2,743|
|---|---|---|---|
|2,360|2 360|2,743|2,743|
|Covid-19|Furlough|||27,338|27,338|
|---|---|---|---|---|---|
|Sale ofassets||850|850|250|250|
|||850|850|27,588|27 588|
|Raising Funds||||||
|Salaries||8,080|8,080|7,190|7,190|
|Investment|portfolio|1,147|1,147|1,037|1,037|
|Expenses||3,500|3,500|830|830|
|||12,727|12,727|9,057|9,057|
##
||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||2022|2022|2022|2021|2021|2021|
|Boat operations||and maintenance|33,834|4,362|38,196|11,927|1,394|13,321|
|Mooring fees|||3,931|2,000|5,931|1,127||1,127|
|Boat storage|||296|2,017|2,313|2,182|1,701|3,883|
|Volunteer
expenses||||||246||246|
|Subscriptions|and publications||2,414||2,414|1,852||1,852|
|Licences and|permits|||||170||170|
|Rent, rates and utilities|||2,022|2,125|4,147||||
|Safety equipment||and clothing|1,550|4,234|5,784|1,797|3,754|5,551|
|Salaries|||35,934|30,318|66,252|28,622|36,241|64,863|
|Minibus
running||costs|2,003||2,003|2,063||2,063|
|Depreciation|||14,307||14,307|14,478||14,478|
|Support costs|||10,333||10,333|10,459||10,459|
|Administration|||3,469|1,590|5,059|4,020||4,020|
|Governance|||1,800||1,800|3,160||3,160|
||||111893|46,646|158,539|82,103|43 090|125,193|
|Raising funds|||12,727||12,727|9,057||9,057|
||||124,620|46,646|171,266|91,160|43,090|134,250|
|||Support||||Support||||
|---|---|---|---|---|---|---|---|---|---|
|||costs|Admin-|Gover-||costs|Admin-|Gover-||
|||Sailing|istration|nance|Total|Sailing|istration|nance|Total|
|||Activities||||Activities||||
|||2022|2022|2022|2022|2021|2021|2021|2021|
|Insurance||3,673|||3,673|3,750|||3,750|
|Travel||8|||8|10|||10|
|Rent, rates and utilities||6,292|||6,292|6,513|||6,513|
|Bank charges||360|||360|186|||186|
|Admin|||3,469||3,469||4,020||4,020|
|Independent|examiner|||1,800|1,800|||1,800|1,800|
|Professional||||||||||
|Salaries||||||||1,360|1,360|
|||10,333|3,469|1,800|15,602|10,459|4,020|3,160|17,639|
##
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||Staff|Costs|Depreciation|Depreciation|Other costs|Total|Total|
|---|---|---|---|---|---|---|---|
||2022||2022||2022|2022|2021|
|Expenditure
on raising voluntary|income|8 080|||4 647|12,727|9,057|
|Charitable
activities||||||||
|Sailing activities|66,252|||14,307|71,121|151,680|118,013|
|Management|||||5,059|5,059|5,380|
||66 252|||14307|76,180|156,739|123,393|
|Expenditure
on Governance|||||1,800|1,800|1,800|
|Total 2022|74,332|||14,307|82,627|171266||
|Total 2021|73,413|||14,478|46,359|134250||
|Net Income/(Expenditure)||||||||
|||||||2022|2021|
|This is stated after charging:||||||||
|Depreciation oftangible fixed assets:||||||||
|- owned by the charity||||||14,307|14,478|
|During the year, no Trustees received any remuneration||(2021:|ANIL).|||||
|During
the year, no Trustees received any benefits in kind (2021:ANIL).||||||||
|During the year, no Trustees received any reimbursement||ofexpenses||(2021:ANIL).||||
##
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|||||||||2022||2021|
|---|---|---|---|---|---|---|---|---|---|---|
|Key management|personnel|staff costs were as|||follows:||||||
|Wages and salaries||||||||69,734||68,707|
|Social security costs||||||||1,803||1,867|
|Other pension costs||||||||2,795||2,839|
|||||||||74|332|73,413|
|The average number ofpersons employed||||by the Charity during||the year was as follows:|||||
|||||||||2022||2021|
|||||||||No.||No.|
|Sailing Activities|||||||||||
|No employee received remuneration|||amounting||to move than 660,000 in either||year.||||
|Tangible Fixed|Assets||||||||||
||||||Short-term||||||
||||||Leasehold||Motor||||
||||||Property|Boats|Vehicles|Equipment||Total|
|||||||||f.|||
|Cost|||||||||||
|At 1 July 2021|||||44,268|293,470|21,759|33,092||392,589|
|Additions||||||3,545||||3,545|
|Disposals|||||||||||
|At 30June 2022|||||44,268|297,015|21 759|37,092||396 134|
|Depreciation|||||||||||
|At 1 July 2021|||||15,029|286,954|8,880|31,387||342,250|
|Charge for the year|||||2,313|6,897|4,440||657|14,307|
|Disposals|||||||||||
|At 30 June 2022|||||17342|293 851|13,320|32|044|356,557|
|Net Book Value|||||||||||
|At 30June 2022|||||26 926|3 164|8,439|1,048||39,577|
|At 30June 2021|||||29,239|6,516|12,879|1,705||50,339|
##
||||Listed|
|---|---|---|---|
||||Securities|
|Market Value||||
|At 1 July 2021|||100,341|
|Additions||||
|Disposals|||(858)|
|Decrease in|cash held||(9,510)|
|Revaluations|||(11,832)|
|At 30June 2022|||78,141|
|Investments|at Market Value comprise:|||
|||2022|2021|
|Cash||1,835|11,345|
|Listed investments||76,306|88,996|
|||78 141|100 341|
##
||||2022|2021|
|---|---|---|---|---|
|Prepayments
and accrued income|||15,101|9,188|
|Creditors: Amounts||Falling Due Within One year|||
||||2022|2021|
|Other taxation and social security|||1,073|417|
|Other creditors|||636|2,192|
|Accruals|||1,913|3,727|
|Deferred|income||4,000|4,000|
||||7 622|10,336|
|Deferred|Income||||
|At 1 July|2021||4,000||
|Additions|||4,000||
|Amounts|released to|income|(4,000)||
|At 30June 2022|||4,000||
##
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|||||Balance at|||Transfers|Transfers|Transfers|Transfers||Balance at|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||1July 2021|Income|Expenditure|In||Out||Losses|30June 2022|
|Unrestricted
Funds|||||||||||||
|Designated
Funds|||||||||||||
|Designated
long term contingency|||fund|40,000|||||40,000||||
|Designated
fixed|asset reserve|||50,339||||||||50,339|
|Designated
building||purchase reserve||100,341|||||20,000|||80,341|
|Total Designated|Funds|||190680|||||60,000|||130680|
|General Funds|||||||||||||
|General funds||||19,517|67,963|124,620|63,045|||-|11,832|14,073|
|Total Unrestricted|Funds|||210 197|67 963|124 620|63|045|60|000|11832|144753|
|Restricted Funds|||||||||||||
|Boat extras fund||||2,065|120|2,185|||||||
|Winter project||||3,000|2,500|3,000||||||2,500|
|Safety boats and salary costs||||10,507|11,908|11,708||||||10,707|
|Clothing||||2,238||2,238|||||||
|After school family||project|||3,500|3,500|||||||
|General operating|costs||||2,125|2,125|||||||
|Volunteer
training|||||9,800|9,800|||||||
|Friendship
repair|||||9,996|6,190||||||3,806|
|Mooring|||||2,000|2,000|||||||
|Boat replacement|||||3,045||||3,045||||
|Cadet training|||||3,900|3,900|||||||
|Total Restricted||||17,810|48 894|46 646||-|3|045|-|17013|
|Total ofFunds||||228,007|116,857|171,266|63,045||63,045||11,832|161,766|
##
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|||||||Balance at|||Transfers|Transfers||Balance at|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||1July 2020|Income|Expenditure|In|Out|Losses|30June 2021|
|Unrestricted
Funds|||||||||||||
|Designated
Funds|||||||||||||
|Designated
long term contingency|||||fund|40,000||||||40,000|
|Designated
fixed|asset reserve|||||46,567|||3,772|||50,339|
|Designated
building|||purchase|reserve||75,166|||25,175|||100,341|
|Total Designated|Funds|||||161733|||28,947|||190,680|
|General Funds|||||||||||||
|General funds||||||43,149|61,930|91,160|10,943|28,947|23,602|19,517|
|Total Unrestricted||Funds||||204 882|61 930|91 160|39890|28 947|23 602|210 197|
|Restricted Funds|||||||||||||
|Boat purchase
and||maintenance||fund||100|5,624|3,659||||2,065|
|Hut purchase||||||1,000|9,943|||10,943|||
|Winter Project||||||3,000|1,500|1,500||||3,000|
|BoatProject||||||5,597||||5,597|||
|Safety boats and salary costs|||||||4,910||5,597|||10,507|
|After school family|||project||||6,970|6,970|||||
|General operating||costs|||||27,371|27,371|||||
|Volunteer
training|||||||400|400|||||
|Clothing||||||398|5,030|3,190||||2,238|
|Total Restricted||||||10,095|61,748|43,090|5,597|16,540|-|17,810|
|Total ofFunds||||||214977|123,678|134250|45 487|45 487|23,602|228,007|
##
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||Unrestricted|Restricted|Total|
|---|---|---|---|
||Funds|Funds|Funds|
||2022|2022|2022|
|Tangible fixed assets|39,577||39,577|
|Fixed asset investments|78,141||78,141|
|Net current assets|27,035|17,013|44,048|
||144,753|17,013|161,766|
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||Funds|Funds|Funds|
|||2021|2021|2021|
|Tangible|fixed assets|50,339||50,339|
|Fixed asset investments||100,341||100,341|
|Current|assets|69,353|18,310|87,663|
|Creditors|due within one year|(9,836)|(500)|(10,336)|
|||210,197|17,810|228,007|
##
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