2022-12-31-accounts - South Shields Sailing Club

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Trustees’ Annual Report for the period

From 01/01/2022 Period start date To 31/12/22 Period end date

Charity name:

Charity registration number:

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To promote community participation in healthy recreation by providing facilities for sailing.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	South Shields Sailing Club (SSSC) has continued to provide opportunities for dinghy sailing and sail training in the South Shields area. The club has organised an active series of dinghy racing during a spring season (February/March), a main summer season (April-October) and a winter season (November- December). The club has organised sessions to introduce new sailors to dinghy sailing and recruited new members. The club has continued to maintain a small fleet of dinghies for the use of new members pending purchase of their own boats. SSSC has organised powerboat helm training to Royal Yachting Association (RYA) Level 2 standard and first aid training to the RYA syllabus. The club has supported youth training events arranged by the RYA and class specific training organisations, and a youth racing event on the Nort East and Yorkshire Sail Training circuit. The Club hosted the national championships for the Streaker class in September 2022. The club has continued to make its facilities available to the 3rdSouth Shields Sea Scouts Troop and is developing a partnership with the Royal Naval Cadets. The club also worked in partnership with the RYA in its Seascapes project, helping introduce school pupils to sailing. The club has continued to maintain and develop the clubhouse and in 2022 building works were completed to refurbish the downstairs ladies’ changing room to a high standard.

	Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees have regard for guidance on public benefit and operate the charity in an inclusive manner to promote the sport of dinghy sailing.

Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38	The charity does not make grants.
Policy on social investment including program related investment	Para 1.38	N/A
Contribution made by volunteers	Para 1.38	With the exception of the club’s cleaner (waged) the club is operated entirely by volunteers.
Other		N/A

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	• Promoting dinghy sailing as healthy recreation during 2022. • Organising dinghy racing series for club members, in safe, fair and competitive manner during 2022 `o`Spring series Feb/March `o`Main series April-October `o`Winter series November- December • Maintaining a fleet of rescue boats and a race officer’s boat • Maintaining a club house with changing rooms, classroom facilities and catering facilities. • Maintaining shore support for sailing activities, including a retrieval vehicle • Organising introduction to sailing events for new members • Maintaining a small fleet of one person and two person dinghies for sail training purposes and to allow

	new members access to suitable
	dinghies pending purchase of their
	own vessel.
•	Organising training events to RYA
	syllabuses (Powerboat level 2,
	Assistant Dinghy Instructor, First
	aid)
•	Providing facilities for youth sail
	training events organised by the
	RYA and class specific training
	bodies.
•	Working in partnership with the RYA
	to offer Seascapes training for
	school pupils.
•	Making shore based facilities and
	safety craft available to the 3rd
	South Shields Sea Scout Group.
•	Developing an association with the
	Royal Naval Cadets.
•	Ensuring that our facilities are used
	to the best advantage to promote
	dinghy sailing.
•	Helping organise national
	championship events for dinghy
	classes: in 2022 we worked
	together with the Streaker class
	organisation to organise their
	national championships.
•	Refurbishment of downstairs ladies’
	changing room.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41	N/A
Performance of fundraising activities against objectives set	Para 1.41	The charity does not actively fundraise. Income is derived from subscriptions.
Investment performance against objectives	Para 1.41	N/A
Other		N/A

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The charity achieved a net operating surplus of £4984 during 2022, with a net increase in members assets of £2770 after adjustment for depreciation.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The charity holds a reserve of £30,000 to cover unanticipated and uninsurable damage to buildings and the boat fleet.
Amount of reserves held	Para 1.22	The charity holds a reserve of £30,000
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	N/A

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47	The charity gains most of its funds from member subscriptions. The club also gains funding from running sailing events, rental of premises to other organisations promoting water-based activities and charges for use of facilities by other sail training organisations. The charity also gains some income from provision of catering during sailing events and running occasional social events. The charity does not actively fundraise.
Investment policy and objectives including any social investment policy adopted	Para 1.46	N/A
A description of the principal risks facing the charity	Para 1.46	Inflationary pressures and anticipated increases in utility costs have necessitated increases in subscription costs. We have to hope that members remain willing to pay these subscriptions.
Other		N/A

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution adopted 14 November 1999 as amended 16 March 2003
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Unincorporated association

	Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	All members of the club’s management committee are trustees of the charity

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51	Trustees are informed of their responsibilities on attendance at their first committee meeting
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	N/A
Relationship with any related parties	Para 1.51	N/A
Other		N/A

Reference and Administrative details

Charity name	South Shields Sailing Club
Other name the charity uses	SSSC
Registered charity number	10971491
Charity’s principal address	South Shields Sailing Club River Drive South Shields NE33 1LH

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
	Jason Riby	Commodore
	Niall Graham	Vice Commodore
	James Henry	Treasurer
	Nicholas Woodhouse	Sailing Secretary
	Yvonne Henry	Secretary
	Mark Henman
	Andrew Grieve
	Adam Corry
	Joanne Piplica
	Roger Nettleship
	Ian Robertson
	Mark Frazer

– Corporate trustees names of the directors at the date the report was approved

Director name N/A

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity	N/A
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	N/A
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets	N/A

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of adviser Name Address	Type of adviser Name Address	Type of adviser Name Address
N/A



Name of chief executive or names of senior staff members (Optional information)
N/A

Exemptions from disclosure

Reason for non-disclosure of key personnel details

N/A

Other optional information

N/A

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date	James A Henry	Jason A Riby
	James A Henry	Jason A Riby
	Treasurer
	3rd
	3rd

South Shields Sailing Club Accounts 2022

These accounts present a high level overview of income and expenditure during the calendar year 2022. The Treasurer holds a detailed record recording all payments and receipts, reconciled against bank statements.

Summary of Expenditure 2022

Bank charges: £124.80	Bank charges: £124.80			124.80 £
Bar and kitchen stock: £133.47				133.47 £
Bar stock: £774.89				774.89 £
RIB maintenance: £420.74				420.74 £
Cleaner wages £4776.00				4,776.00 £
Diesel(tractor): £134.32				134.32 £
Misc house: £12167.58				12,167.58 £
Insurance: £4629.29				4,629.29 £
IT misc: £387.20				387.20 £
Kitchen stock: £1466.48				1,466.48 £
Licensing: £245.38				245.38 £
Misc expenses: £314.98				314.98 £
Petrol: £1110.07				1,110.07 £
Rates £339.92				339.92 £
Refuse collection: £468.68				468.68 £
RIBpreventative maintenance: £109.09				109.09 £
RYA affiliation fee: £350.00				350.00 £
Trainingmaterials: £100.95				100.95 £
Electricity: £1413.77				1,413.77 £
Gas: £1047.05				1,047.05 £
Phone,internet: £631.81				631.81 £


				31,146.47 £

“Misc house” includes payment of £8490.30 as final payment for works to downstairs ladies changing room, incorporated as a net increase in members assets in the scrutinised account.

Summary of Income 2022

Membership	11,051.02 £
Scout subs	2,822.24 £
Covid grant	2,667.00 £
Bar and kitchen takings	3,209.90 £
Bar and kitchen stock sales	241.90 £
Boat hire	88.02 £
Course fees	394.78 £
Facilities hire	1,030.00 £
Key fob deposit	30.00 £
Fuel duty	814.78 £
Rib sales	1,900.00 £
Streaker registrations	1,257.19 £
Sailing events	244.30 £
Social functions	643.52 £
Streaker catering	710.44 £
Streaker camping	117.12 £
Quiz	4.73 £
	27,226.94 £

James Henry

Treasurer SSSC September 2023

SOUTH SHIELDS SAILING CLUB Financial Accounts For The Year Ended 31st December 2022

SOUTH SHIELDS SAILING CLUB INCOME & EXPENDITURE ACCOUNT

For the Year End 31st December 2022

Notes Income 5 Subscriptions Bar and Kitchen 8 Sailing Events Social Events Training Rent 6 Grant Other Expenditure Maintenance: Ribs, Rescue Buildings & Services Tractor Fuel & Oil Bar and 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	2022 £ 15,051 3,451 1,451 905 170 1,030 2,667 3,215 27,941 530 4,146 - 1,244 2,375 498 170 4,776 101 3,111 4,629 340 1,036 22,957 4,984 2,214 - 2,214 2,770	2021 £
		10,422 7,117 11,171 730 113 730 17,717 228
		48,227
		259 17,637 - 1,086 5,643 4,269 401 3,746 69 3,631 4,609 197 474
		42,019
		6,207

		1,676 -
		1,676
		4,532

Page 1 of 7

SOUTH SHIELDS SAILING CLUB BALANCE SHEET AT 31ST DECEMBER 2021

£ £ 358,094 - - 55,017 55,017 413,112 - 52,420 52,420 360,692 - 360,692 45,909 314,782 360,691 2022	£ £ 355,821 - - 58,524 58,524 414,345 - 52,420 52,420 361,925 - 361,925 43,139 318,786 361,924 2021	£ £ 355,821 - - 58,524 58,524 414,345 - 52,420 52,420 361,925 - 361,925 43,139 318,786 361,924 2021
- 52,420	- 52,420
		414,345 52,420
-	-
		361,925
		361,925
		43,139 318,786
		361,924

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 2022

Funds at 1st January Prior Year Adjustment Surplus/(Deficit) For The Year Balance at 31st December	2022 £ 43,139 0 2,770 45,909	2021 £ 38,607 0 4,532
		43,139

Page 3 of 7

SOUTH SHIELDS SAILING CLUB NOTES TO THE ACCOUNTS

At 31st December 2022

1. Analysis of Depreciation Charge for 2022

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	£ 566 300 - 900	£ 4,451 1,766 -
	-
	- 2,641 334 1,028
		6,217 4,003

		2,214

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 2022 7. Additions Disposals As at 31st December 2022 Depreciation: As at 1st January 2022 Annual Charge Disposals As at 31st December 2022 Net Book Value at 1st January 2022 Net Book Value at 31st December 2022	Land & Boats & Fixtures & Total Buildings Equipment Fittings £ £ £ £ 445,074 122,669 34,049 601,792 - - 8,490 8,490
	445,074 122,669 42,539 610,282
	93,168 118,754 34,049 245,971 4,451 1,766 - 6,217
	97,619 120,520 34,049 252,188
	351,906 3,915 - 355,821
	347,455 2,149 8,490 358,094

Page 5 of 7

SOUTH SHIELDS SAILING CLUB NOTES TO THE ACCOUNTS CONTINUED

At 31st December 2022

3. Grants

At 1st January 2020 New Grant Amortisation At 31st December 2020	1994 2001 2002 Total Grant Grant 2 Grant £ £ £ £ 78,134 26,720 213,932 318,786 - (1,028) (334) (2,641) (4,003)
	77,106 26,386 211,291 314,782

Page 6 of 7

SOUTH SHIELDS SAILING CLUB NOTES TO THE ACCOUNTS CONTINUED

At 31st December 2022

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 (but not dinghy park fees) were set at half price in 2021 to compensate for little sailing due to covid in 2020. Hence the increase in subscriptions in 2022.

6 The grants was an Omicron Hospitality and Leisure Grant from South Tyneside Council.

7 The fixtures and fittings increase in fixed assets was for the refurbishment of the changing rooms.

8 Sailing income was exceptionally high in 2021 due to hosting the RS400 nationals

SOUTH SHIELDS SAILING CLUB At 31st December 2022

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 2022 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

25th October 2023

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