## **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 |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|£
£
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 Page 7 of 7