South Shields Sailing Club
Annual Report 2022
This annual report is based on the minutes of the South Shields Sailing Club held on Saturday 19[th] November 2022.
1. Commodore’s report. The Commodore’s report was delivered by Commodore Jason Riby.
Summary
The year started with a clear up after December storms, along with a number of insurance claims. However, its wasn’t all bad news as 2022 has seen is return to more normal operation following the two years of Covid restrictions. Thankfully the committee has returned to meeting in person and club members and the Scouts are using the club as normal this year. The club was fortunate to receive government support throughout the pandemic and is in a similar state to our pre-pandemic position despite offering reduced membership fees in 2021. We have once again managed to deliver a successful Nationals and I must thank all the membership for their support in running these major events.
Committee
I am pleased to have had such a supportive committee and I thank everyone for the effort they have put in this year.
At the beginning of this year Bruce Robinson stood down from the committee after an uncountable number of years’ service. He certainly leaves some big shoes to fill. Many thanks to Bruce and Margaret for their contribution to the club across several decades.
Boat fleet
We are looking to modernise our safety boat fleet in coming years, and as a start we have sold Sea 7 and Sea 4. We are looking for ways to finance new boats/engines so if you know of any possible avenues that would help, please share with James or myself. Both Sea 4 and Sea7 have been sold privately to individuals in Sunderland.
Finance
The club is not isolated from the economic environment, with impact most notably in utilities, fuel costs, and maintenance. The committee this year have therefore been looking for alternative income streams with the aim of ensuring that the financial stability of the club is not reliant on major events such as the national events held in recent years to balance the books. We are making steps in that direction but are not there yet.
Membership
The membership numbers have remained stable this year. We have said goodbye to some members and welcomed several new faces in 2022. We still see significant public interest to get involved in sailing and continue to struggle to convert the fresh interest into active members. Niall will talk further on this, but we continue to look for more support to help new members become competent and confident with sailing on the Tyne and North Sea.
We have agreed to a group membership for the Northeast RN Cadets, who will offer sailing and instruction to cadets in our region. The RN Cadets will be operated by Iain Smith and Tracey Moore, and they will keep eight dinghies and two power boats at the club.
Events
The club hosted the Streaker Nationals in September with nearly 30 registered for the event and 27 attending. SSSC stepped in at the 11[th] hour to host the event following issues between the class and Filey SC. The event was a huge success and I appreciate the contribution of all our members that helped make the event happen. Special thanks must go to James & Yvonne for organising the event catering, and Tony & Anna for the work tidying the compound ahead of the event. These large events are not without their challenges but they do make a significant contribution to the club finances.
We are establishing a fantastic reputation for major sea events in the North East and should be very proud of this achievement. We have already agreed to host another small Nationals again next year.
Social
This year marked 65 years of the club’s existence and our summer celebration/BBQ saw some of our past members joining us, including a founder member.
Thanks, are also due to Joanne Piplica for organising several family events for our young/future members. Joanne is keen to promote and organise more next year.
2. Sailing Secretary’s Report. The Sailing Secretary, Niall Graham presented
- his report: -
2022 Sunday Sailing Format, Main season
If you recall last season, we noted that most members of the club were sailing mornings, rather than afternoons, so for 2022, we proposed that we would run three races back to back on Sunday mornings: we believe that this has proved successful and will be continuing this format for 2023 - more on this later
Numbers of races completed
-
Wednesday series – 18 completed, 1 abandoned/cancelled
-
Early season – 18 completed – 3 cancelled /abandoned
-
Mid-season -13 completed, 5 cancelled /abandoned
-
Late season - 20 completed, 4 cancelled /abandoned
So overall, good in terms of numbers of races completed
Actual boats competing
-
Early season 29 boats competed
-
Mid-season 22 boats competed
-
Late season 34 boats competed
Some members only attended a few times, but the important thing is that many members sailed, even if only a few times. The best attender was Nick Woodhouse who competed in 44% of available races, so well done to Nick
Events
The main event of the season was Streaker nationals – seven races sailed with one abandoned over three days- those of us who were out there on safety had a very varied experience, being very busy on day two with numerous rescues, so thank you to all who helped. We had a very good write up in Yachts and Yachting. Special thanks are due to the Galley Crew
Winter Sailing
Currently we are in the middle of the Frostbite series which hasn’t attracted many visitors, perhaps because other clubs now offer equivalent series. The Spring Splash series starts on 12[th] February, and we have already had several enquiries from DRSC, TSC and SYC
2023 Plans
Looking forward to 2023, we have several RYA youth training events planned and we are expecting Optimists and Fevas early in the year. The main event is the Cherub nationals running from 21[st] - 23[rd] July: - for those who don’t know, Cherubs are twoperson 12ft twin trapeze full height asymmetric pocket rockets so this should be a spectacular event. We are expecting about 12-15 boats: not a large fleet but it should be very entertaining!
We will also be reintroducing pursuit events next year
Training events for new sailors
Final proposal - we need to find a way to encourage and train new sailors, so the format for next year will be three races back to back starting at 10:30 , except for the first Sunday of each month, which will be a training morning, hoping that as many as possible come to help new members/beginners , then racing in the afternoon - again three races back to back: - stay for lunch and we hope to open the bar on these days
3. Treasurer’s Report. The Treasurer’s Report was delivered by Treasurer James Henry:-
When I gave my report this time last year, I was cautiously optimistic. We were coming out of COVID, restrictions were being relaxed, the government had been generous with COVID support, we had held a highly successful 400s Nationals meeting, and we were looking forward to the RYA using us as a base for several courses. You all graciously agreed to an increase in subs of 10% in anticipation of inflationary pressures. It all looked good. But history, as many people have said, is just one thing after another. We could not have anticipated Putin, Ukraine and the international crisis that has ensued. We also could not have anticipated getting through three prime ministers, and at least three chancellors.
But despite all these events over the last year, we are still here, and our financial position is fair. We still have cash in the bank but need to be careful, as we don’t know what is coming next.
2021 Account Scrutiny.
Peter Griffith has kindly scrutinized the 2021 accounts, and these are available for anyone who wishes to look at them. The main themes are a £4500 increase in members assets, due to the Covid monies, the 400s nationals and investment in the club through changing room refurbishment, but subscriptions were down in 2021 because we compensated people for the lack of sailing in 2020 by granting the option of reduced subscriptions for 2021.
Current Position and the year ahead
We currently have about £55,000 cash at bank. In 2019, the last normal and comparable year that we had, we had £50,000 at this time: allowing for inflation this is roughly the same as in 2019.
Energy costs have rocketed: by good chance we signed a three-year fixed rate deal for utilities two years ago, so we are secure until Autumn 2023, but then we will have to negotiate a new deal: unless things change internationally this could be a considerable increase.
Our council rates costs are set to double, to about £800 next year: not good, and probably not much that we can do about it.
On the positive side
-
We have been in discussion with the Scouts about a new fee structure, and this will be to the benefit of the club by a few hundred pounds next year.
-
We have joined forces with the RN Cadets, who will make use of our premises and pay rent and facilities fees, to the tune of about £1800 a year initially, and we will be able to use their RIB and other equipment to an extent.
-
We have rationalized our RIB fleet and managed to sell Sea 4 and Sea 7: we hadn’t used either boat for a while and Sea 7 was unusable anyway: this will cut our insurance and maintenance costs and the money may help fund further rationalization of the fleet.
-
The Streaker nationals were a success and raised about £2000 for the club.
-
Although most of the RYA usage of the club fell through, the Bluescapes scheme went ahead and made us about £700.
-
We used the COVID monies to improve the clubhouse and refurbished the downstairs ladies’ changing room to a high standard.
So, what of the year ahead? It isn’t going to be easy. Inflation is still with us, and sadly subs will have to increase again. We have some RYA bookings for youth events, and these are likely to go ahead: we have agreed new charges for the use of our facilities for these events. Bluescapes will probably happen again next year. We have the Cherub nationals to look forward to next July, and bar takings will be good, by all accounts.
There remains lots that we need to do to improve the boat fleet and the clubhouse. It would be great if we could do that from recurring income rather than from events and grants. Clearly more members would be a good thing and Jason and Niall have already talked about that. We also need to diversify the use of our premises: we only have to look across the water to our friends in Tynemouth to see the benefit of diversification. We are sticking a toe in the water with regard to diversification- we will be getting rental from the RN cadets, and we are looking at other low impact partnerships that will allow us income from the premises. The Yoga/Wellness sector looks very appealing: If anyone
knows a fitness instructor who wants to run a boot camp or a yogi who wants to chill south of the Tyne, let me know: we can talk.
We have to be cautious in the year ahead. We have a decent financial reserve currently. No-one knows what will happen in the next year and we have to be careful for the moment.
4. Development and Training. Jason Riby outlined development achievements during 2022.
Working Parties
We held several working parties during the year to tidy up the club. Thanks to all who helped. There is always plenty more to do, so we will be scheduling more again in January and throughout 2023.
Changing Rooms
Ahead of the sailing season the downstairs ladies’ changing rooms was refurbished by an external contractor. Not only was Tony Sheils instrumental and key to the preparation prior to the arrival of the contractors he also was at the club almost every day whilst the contracting team were on site during February and March. Without Tony’s involvement we wouldn’t have achieved the standard we expected. Jason extended his thanks to Tony on behalf of the club.
The upstairs changing rooms have seen the installation of new benches thanks to Niall’s ability to spot an opportunity and prevent them heading into a skip. Thanks to Duncan and James Henry who remodelled the benches to fit the changing rooms and installed them over the Spring.
Training
Our annual RYA Training Centre inspection was completed in October with a minimal number of actions.
We ran Assistant Instructor and First Aid courses during the year and tried to run a PB2 course twice with little take up from members. Next year we will schedule this event further ahead to allow members the opportunity to plan. We also intend to promote our training events externally to fill courses and generate income.
In addition to the official RYA courses, we intend to run some club level Safety Boat courses to allow all members to improve their rescue skills.
James Henry 27th November 2022
SOUTH SHIELDS SAILING CLUB Financial Accounts For The Year Ended 31st December 2021
SOUTH SHIELDS SAILING CLUB INCOME & EXPENDITURE ACCOUNT
For the Year End 31st December 2021
| Notes Income 5 Subscriptions Bar Kitchen Sailing Events Social Events Training Rent 6 Grant Other Expenditure Maintenance: Ribs, Rescue 7 Buildings & Services Tractor Fuel & Oil Bar Stock Kitchen Stock Sailing Events Social Events Wages Training Utilities Insurance Tax Other/Sundry Net Operating Surplus/(Deficit) Depreciation 1 Boat Replacement Provision 4 Net Increase/(Decrease) in Members Assets |
2021 £ 10,422 3,970 3,146 11,171 730 113 730 17,717 228 48,227 259 17,637 - 1,086 3,882 1,761 4,269 401 3,746 69 3,631 4,609 197 474 42,019 6,207 1,676 - 1,676 4,532 |
2020 £ |
|---|---|---|
| 12,042 1,089 174 121 429 94 1,000 10,673 530 |
||
| 26,153 | ||
| 3,556 2,075 - 494 600 588 63 505 1,910 333 4,646 5,860 673 6,411 |
||
| 27,714 | ||
| (1,561) | ||
| 2,444 - |
||
| 2,444 | ||
| (4,005) |
Page 1 of 7
SOUTH SHIELDS SAILING CLUB BALANCE SHEET AT 31ST DECEMBER 2021
| Notes Tangible Fixed Assets 2 Current Assets Stock Debtors & Prepayments Cash At Bank Current Liabilities Creditors & Accruals Provisions 4 Net Current Assets Long Term Liabilities None Net Assets Members Funds Income & Expenditure Grants 3 |
£ £ 355,821 - - 58,524 58,524 414,345 - 52,420 52,420 361,925 - 361,925 43,139 318,786 361,924 2021 |
£ £ 362,500 - - 52,317 52,317 414,817 - 52,420 52,420 362,397 - 362,397 38,607 323,789 362,396 2020 |
£ £ 362,500 - - 52,317 52,317 414,817 - 52,420 52,420 362,397 - 362,397 38,607 323,789 362,396 2020 |
|---|---|---|---|
| - 52,420 |
- 52,420 |
||
| 414,817 52,420 |
|||
| - | - | ||
| 362,397 | |||
| 362,397 | |||
| 38,607 323,789 |
|||
| 362,396 |
Page 2 of 7
Credit
Tax Other Total - - -
Page 2 of 7
SOUTH SHIELDS SAILING CLUB MOVEMENT ON INCOME & EXPENDITURE FUND
For the Year End 31st December 2021
| Funds at 1st January Prior Year Adjustment Surplus/(Deficit) For The Year Balance at 31st December |
2021 £ 38,607 0 4,532 43,139 |
2020 £ 42,612 0 (4,005) |
|---|---|---|
| 38,607 |
Page 3 of 7
SOUTH SHIELDS SAILING CLUB NOTES TO THE ACCOUNTS
At 31st December 2021
1. Analysis of Depreciation Charge for 2021
| Land & Buildings (1%) Boats & Equipment Dinghies & Ribs (10%) Engines (20%) Electronics (20%) Sailing Equipment (20%) Fixtures & Fittings Miscellaneous Club Fittings (20%) Grant Amortisation (2011 Grant) (2002 Grant) (2001 Grant 2) (1994 Grant) Net Depreciation Charge |
£ 1,028 300 - 900 |
£ 4,451 2,228 - |
|---|---|---|
| - | ||
| 1,000 2,641 334 1,028 |
||
| 6,679 5,003 |
||
| 1,676 |
Page 4 of 7
SOUTH SHIELDS SAILING CLUB NOTES TO THE ACCOUNTS CONTINUED
At 31st December 2021
2. Tangible Fixed Assets
| Cost: As at 1st January 2021 Additions Disposals As at 31st December 2021 Depreciation: As at 1st January 2021 Annual Charge Disposals As at 31st December 2021 Net Book Value at 1st January 2021 Net Book Value at 31st December 2021 |
Land & Boats & Fixtures & Total Buildings Equipment Fittings £ £ £ £ 445,074 122,669 34,049 601,792 - - - - |
|---|---|
| 445,074 122,669 34,049 601,792 |
|
| 88,717 116,526 34,049 239,292 4,451 2,228 - 6,679 |
|
| 93,168 118,754 34,049 245,971 |
|
| 356,357 6,143 - 362,500 |
|
| 351,906 3,915 - 355,821 |
Page 5 of 7
SOUTH SHIELDS SAILING CLUB NOTES TO THE ACCOUNTS CONTINUED
At 31st December 2021
3. Grants
| At 1st January 2020 New Grant Amortisation At 31st December 2020 |
1994 2001 2002 2011 Total Grant Grant 2 Grant Grant £ £ £ £ £ 79,162 27,054 216,573 1000 323,789 - (1,028) (334) (2,641) (1,000) (5,003) |
|---|---|
| 78,134 26,720 213,932 - 318,786 |
Page 6 of 7
SOUTH SHIELDS SAILING CLUB NOTES TO THE ACCOUNTS CONTINUED
At 31st December 2021
- 4 Boat Replacement Provision
At its September 2014 meeting, the Club's Committee confirmed that the provision was adequate for replacement of the dinghy training fleet and that the fleet still had many years of life left.
5 Subscriptions (bot not dinghy park fees) were set at half price in 2021 to compensate for little sailing due to covid in 2020. Hence the reduced subscriptions.
-
6 The grants were for Covid support.
-
7
Buildings and services expenditure includes a deposit of £7651 for the referbishment of the changing rooms.
SOUTH SHIELDS SAILING CLUB
At 31st December 2021
Report Of The Reviewer of Accounts
I have examined the financial statements on pages 1 to 6 and in my opinion they give a true and fair view of the state of affairs of South Shields Sailing Club at 31st December 2021 and of the surplus for the year then ended.
The co-operation and assistance provided by the Club's former and present Officers throughout the review is gratefully acknowledged.
Peter Griffith
22th October 2022
Page 7 of 7
SOUTH SHIELDS SAILING CLUB Financial Accounts For The Year Ended 31st December 2021
SOUTH SHIELDS SAILING CLUB INCOME & EXPENDITURE ACCOUNT
For the Year End 31st December 2021
| Notes Income 5 Subscriptions Bar Kitchen Sailing Events Social Events Training Rent 6 Grant Other Expenditure Maintenance: Ribs, Rescue 7 Buildings & Services Tractor Fuel & Oil Bar Stock Kitchen Stock Sailing Events Social Events Wages Training Utilities Insurance Tax Other/Sundry Net Operating Surplus/(Deficit) Depreciation 1 Boat Replacement Provision 4 Net Increase/(Decrease) in Members Assets |
2021 £ 10,422 3,970 3,146 11,171 730 113 730 17,717 228 48,227 259 17,637 - 1,086 3,882 1,761 4,269 401 3,746 69 3,631 4,609 197 474 42,019 6,207 1,676 - 1,676 4,532 |
2020 £ |
|---|---|---|
| 12,042 1,089 174 121 429 94 1,000 10,673 530 |
||
| 26,153 | ||
| 3,556 2,075 - 494 600 588 63 505 1,910 333 4,646 5,860 673 6,411 |
||
| 27,714 | ||
| (1,561) | ||
| 2,444 - |
||
| 2,444 | ||
| (4,005) |
Page 1 of 7
SOUTH SHIELDS SAILING CLUB BALANCE SHEET AT 31ST DECEMBER 2021
| Notes Tangible Fixed Assets 2 Current Assets Stock Debtors & Prepayments Cash At Bank Current Liabilities Creditors & Accruals Provisions 4 Net Current Assets Long Term Liabilities None Net Assets Members Funds Income & Expenditure Grants 3 |
£ £ 355,821 - - 58,524 58,524 414,345 - 52,420 52,420 361,925 - 361,925 43,139 318,786 361,924 2021 |
£ £ 362,500 - - 52,317 52,317 414,817 - 52,420 52,420 362,397 - 362,397 38,607 323,789 362,396 2020 |
£ £ 362,500 - - 52,317 52,317 414,817 - 52,420 52,420 362,397 - 362,397 38,607 323,789 362,396 2020 |
|---|---|---|---|
| - 52,420 |
- 52,420 |
||
| 414,817 52,420 |
|||
| - | - | ||
| 362,397 | |||
| 362,397 | |||
| 38,607 323,789 |
|||
| 362,396 |
Page 2 of 7
Credit
Tax Other Total - - -
Page 2 of 7
SOUTH SHIELDS SAILING CLUB MOVEMENT ON INCOME & EXPENDITURE FUND
For the Year End 31st December 2021
| Funds at 1st January Prior Year Adjustment Surplus/(Deficit) For The Year Balance at 31st December |
2021 £ 38,607 0 4,532 43,139 |
2020 £ 42,612 0 (4,005) |
|---|---|---|
| 38,607 |
Page 3 of 7
SOUTH SHIELDS SAILING CLUB NOTES TO THE ACCOUNTS
At 31st December 2021
1. Analysis of Depreciation Charge for 2021
| Land & Buildings (1%) Boats & Equipment Dinghies & Ribs (10%) Engines (20%) Electronics (20%) Sailing Equipment (20%) Fixtures & Fittings Miscellaneous Club Fittings (20%) Grant Amortisation (2011 Grant) (2002 Grant) (2001 Grant 2) (1994 Grant) Net Depreciation Charge |
£ 1,028 300 - 900 |
£ 4,451 2,228 - |
|---|---|---|
| - | ||
| 1,000 2,641 334 1,028 |
||
| 6,679 5,003 |
||
| 1,676 |
Page 4 of 7
SOUTH SHIELDS SAILING CLUB NOTES TO THE ACCOUNTS CONTINUED
At 31st December 2021
2. Tangible Fixed Assets
| Cost: As at 1st January 2021 Additions Disposals As at 31st December 2021 Depreciation: As at 1st January 2021 Annual Charge Disposals As at 31st December 2021 Net Book Value at 1st January 2021 Net Book Value at 31st December 2021 |
Land & Boats & Fixtures & Total Buildings Equipment Fittings £ £ £ £ 445,074 122,669 34,049 601,792 - - - - |
|---|---|
| 445,074 122,669 34,049 601,792 |
|
| 88,717 116,526 34,049 239,292 4,451 2,228 - 6,679 |
|
| 93,168 118,754 34,049 245,971 |
|
| 356,357 6,143 - 362,500 |
|
| 351,906 3,915 - 355,821 |
Page 5 of 7
SOUTH SHIELDS SAILING CLUB NOTES TO THE ACCOUNTS CONTINUED
At 31st December 2021
3. Grants
| At 1st January 2020 New Grant Amortisation At 31st December 2020 |
1994 2001 2002 2011 Total Grant Grant 2 Grant Grant £ £ £ £ £ 79,162 27,054 216,573 1000 323,789 - (1,028) (334) (2,641) (1,000) (5,003) |
|---|---|
| 78,134 26,720 213,932 - 318,786 |
Page 6 of 7
SOUTH SHIELDS SAILING CLUB NOTES TO THE ACCOUNTS CONTINUED
At 31st December 2021
- 4 Boat Replacement Provision
At its September 2014 meeting, the Club's Committee confirmed that the provision was adequate for replacement of the dinghy training fleet and that the fleet still had many years of life left.
5 Subscriptions (bot not dinghy park fees) were set at half price in 2021 to compensate for little sailing due to covid in 2020. Hence the reduced subscriptions.
-
6 The grants were for Covid support.
-
7
Buildings and services expenditure includes a deposit of £7651 for the referbishment of the changing rooms.
SOUTH SHIELDS SAILING CLUB
At 31st December 2021
Report Of The Reviewer of Accounts
I have examined the financial statements on pages 1 to 6 and in my opinion they give a true and fair view of the state of affairs of South Shields Sailing Club at 31st December 2021 and of the surplus for the year then ended.
The co-operation and assistance provided by the Club's former and present Officers throughout the review is gratefully acknowledged.
Peter Griffith
22th October 2022
Page 7 of 7