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← South Shields Sailing Club

2023-12-31-accounts

Trustees’ Annual Report for the period

From 01/01/2023 Period start date To 31/12/23 Period end date Charity name: South Shields Sailing Club

Charity registration number: 10971491

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 also organised sessions to introduce
new sailors to dinghy sailing and has
recruited new members through these
sessions. The club has continued to
maintain a small fleet of dinghies for the
use of new members pending purchase of
their own boats. The club also maintains
two Wayfarer dinghies used for training
purposes. 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 Cherub class in July
2023. The club has continued to make its
facilities available to the 3rdSouth Shields
Sea Scouts Troop and made its facilities
available to the Royal Naval Cadets,
although it became apparent that this
partnership may prove difficult to develop
further given changes in secondary school
affiliation to the RN Cadets and consequent
impact on their ability to provide instruction
to RYA standards. During the later part of
2023 the club developed relations with
South Shields Surf CIC, allowing the Surf
CIC to use the club’s classroom facilities to
run lifeguard courses. The club continues
to look for new partnerships to ensure that
its facilities are best used to meet the
needs of the community and provide an
income stream to the club.
During 2023 the club purchased a nearly
new RIB dinghy and road base to update
the RIB safety boat fleet. The club also
purchased a second-hand outboard motor
in anticipation of the need to replace one of
the existing motors in the near future.
The club has continued to maintain the
clubhouse and in 2023 working parties
undertook maintenance and redecoration
work. New benching was installed in the
upstairs changing rooms.
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 2023.
•
Organising dinghy racing series for
club members, in safe, fair and
competitive manner during 2023
oSpring series Feb/March
oMain series April-October
oWinter series November-
December
•
Insuring and maintaining a fleet of
rescue boats and a race officer’s
boat
•
Purchase of a nearly new RIB and
road base to modernise the Club’s
RIB safety boat fleet
•
Purchase of a second-hand
outboard motor in anticipation of the
need to replace one of the current
engines
•
Maintaining a club house with
changing rooms, classroom facilities
and catering facilities.
•
Installation of new benching in the
upstairs changing rooms
•
Maintaining shore support for sailing
activities, including a retrieval
vehicle
•
Organising “introduction to sailing”
events for potential 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, First
aid)
•
Providing facilities for youth sail
training events organised by the
RYA and class specific training
bodies.
•
Making shore-based facilities and
safety craft available to the 3rd
South Shields Sea Scout Group.
•
Continuing to develop an
association with the Royal Naval
Cadets.
•
Developing an association with
South Shields Surf CIC
•
Ensuring that our facilities are used
to the best advantage to promote
dinghy sailing.
•
Helping organise national
championship events for dinghy
classes: in 2023 we worked
together with the Cherub class
organisation to organise their
national championships.
Additional information (optional)
You may choose to include further statements		 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 £7621 during 2023, with a net
increase in members assets of £4543 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 assets.
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 organisation which
promote water-based activities and
charging for use of facilities by other sail
training organisations. The charity also
gains some income from provision of
catering during sailing events and
organising 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. This has
not impacted on membership numbers.
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		 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 (ifany)
Nicholas
Woodhouse		 Commodore
Niall Graham Vice Commodore
James Henry Treasurer
Jason Riby SailingSecretary
Mark Frazer Secretary
Mark Henman
Andrew Grieve
Adam Corry
Joanne Piplica
Roger Nettleship
Ian Robertson
Yvonne Henry

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

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		 Commodore 2023/Sailing secretary
2024
30thOctober 2024
30thOctober 2024

SOUTH SHIELDS SAILING CLUB Financial Accounts For The Year Ended 31st December 2023

SOUTH SHIELDS SAILING CLUB INCOME & EXPENDITURE ACCOUNT

For the Year End 31st December 2023

Notes
Income
Subscriptions
Bar and Kitchen
Sailing Events
Social Events
Training
Rent
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		 2023
£
16,732
4,644
2,127
2,256
1,543
3,230
-
1,360
31,892
1,409
1,786
106
1,368
2,366
694
1,838
4,608
-
3,922
4,910
275
989
24,271
7,621
3,078
-
3,078
4,543		 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

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		 £
£
360,513
-
-
53,138
53,138
413,652
-
52,420
52,420
361,232
-
361,232
50,452
310,779
361,231
2023		 £
£
358,094
-
-
55,017
55,017
413,112
-
52,420
52,420
360,692
-
360,692
45,909
314,782
360,691
2022		 £
£
358,094
-
-
55,017
55,017
413,112
-
52,420
52,420
360,692
-
360,692
45,909
314,782
360,691
2022
-
52,420		 -
52,420
413,112
52,420
- -
360,692
360,692
45,909
314,782
360,691

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 2023

Funds at 1st January
Prior Year Adjustment
Surplus/(Deficit) For The Year
Balance at 31st December		 2023
£
45,909
0
4,543
50,452		 2022
£
43,139
0
2,770
45,909

Page 3 of 7

SOUTH SHIELDS SAILING CLUB NOTES TO THE ACCOUNTS

At 31st December 2023

1. Analysis of Depreciation Charge for 2023

Land & Buildings (1%)
Boats & Equipment
Dinghies & Ribs (10%)
Engines (20%)
Electronics (20%)
Sailing Equipment (20%)
Fixtures & Fittings
Miscellaneous Club Fittings (20%)
Grant Amortisation
(2002 Grant)
(2001 Grant 2)
(1994 Grant)
Net Depreciation Charge		 £
566
300
-
900		 £
4,451
1,766
864
864
2,641
334
1,028
7,081
4,003
3,078

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 2023
5.
Additions
Disposals
As at 31st December 2023
Depreciation:
As at 1st January 2023
Annual Charge
Disposals
As at 31st December 2023
Net Book Value at 1st January 2023
Net Book Value at 31st December 2023		 Land &
Boats &
Fixtures &
Total
Buildings Equipment
Fittings
£
£
£
£
445,074
122,669
42,539
610,282
-
9,500
-
9,500
445,074
132,169
42,539
619,782
97,619
120,520
34,049
252,188
4,451
1,766
864
7,081
102,070
122,286
34,913
259,269
347,455
2,149
8,490
358,094
343,004
9,883
7,626
360,513

Page 5 of 7

SOUTH SHIELDS SAILING CLUB NOTES TO THE ACCOUNTS CONTINUED

At 31st December 2023

3. Grants

At 1st January 2023
New Grant
Amortisation
At 31st December 2023		 1994
2001
2002
Total
Grant
Grant 2
Grant
£
£
£
£
77,106
26,386
211,291
314,782
-
(1,028)
(334)
(2,641)
(4,003)
76,078
26,052
208,650
310,779

Page 6 of 7

SOUTH SHIELDS SAILING CLUB NOTES TO THE ACCOUNTS CONTINUED

At 31st December 2023

4 Boat Replacement Provision

Over the years the original club dingy training fleet has been replaced by a number of second hand dinghies paid for either out of club funds or grants. The original training fleet is still being used by a youth organisation for sail training.

The boats and equipment increase in fixed assets was for the purchase of a rescue boat and a second hand outboard engine

5

SOUTH SHIELDS SAILING CLUB

At 31st December 2023

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 2023 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

29th October 2024

Page 7 of 7

SOUTH SHIELDS SAILING CLUB Financial Accounts For The Year Ended 31st December 2023

SOUTH SHIELDS SAILING CLUB INCOME & EXPENDITURE ACCOUNT

For the Year End 31st December 2023

Notes
Income
Subscriptions
Bar and Kitchen
Sailing Events
Social Events
Training
Rent
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		 2023
£
16,732
4,644
2,127
2,256
1,543
3,230
-
1,360
31,892
1,409
1,786
106
1,368
2,366
694
1,838
4,608
-
3,922
4,910
275
989
24,271
7,621
3,078
-
3,078
4,543		 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

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		 £
£
360,513
-
-
53,138
53,138
413,652
-
52,420
52,420
361,232
-
361,232
50,452
310,779
361,231
2023		 £
£
358,094
-
-
55,017
55,017
413,112
-
52,420
52,420
360,692
-
360,692
45,909
314,782
360,691
2022		 £
£
358,094
-
-
55,017
55,017
413,112
-
52,420
52,420
360,692
-
360,692
45,909
314,782
360,691
2022
-
52,420		 -
52,420
413,112
52,420
- -
360,692
360,692
45,909
314,782
360,691

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 2023

Funds at 1st January
Prior Year Adjustment
Surplus/(Deficit) For The Year
Balance at 31st December		 2023
£
45,909
0
4,543
50,452		 2022
£
43,139
0
2,770
45,909

Page 3 of 7

SOUTH SHIELDS SAILING CLUB NOTES TO THE ACCOUNTS

At 31st December 2023

1. Analysis of Depreciation Charge for 2023

Land & Buildings (1%)
Boats & Equipment
Dinghies & Ribs (10%)
Engines (20%)
Electronics (20%)
Sailing Equipment (20%)
Fixtures & Fittings
Miscellaneous Club Fittings (20%)
Grant Amortisation
(2002 Grant)
(2001 Grant 2)
(1994 Grant)
Net Depreciation Charge		 £
566
300
-
900		 £
4,451
1,766
864
864
2,641
334
1,028
7,081
4,003
3,078

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 2023
5.
Additions
Disposals
As at 31st December 2023
Depreciation:
As at 1st January 2023
Annual Charge
Disposals
As at 31st December 2023
Net Book Value at 1st January 2023
Net Book Value at 31st December 2023		 Land &
Boats &
Fixtures &
Total
Buildings Equipment
Fittings
£
£
£
£
445,074
122,669
42,539
610,282
-
9,500
-
9,500
445,074
132,169
42,539
619,782
97,619
120,520
34,049
252,188
4,451
1,766
864
7,081
102,070
122,286
34,913
259,269
347,455
2,149
8,490
358,094
343,004
9,883
7,626
360,513

Page 5 of 7

SOUTH SHIELDS SAILING CLUB NOTES TO THE ACCOUNTS CONTINUED

At 31st December 2023

3. Grants

At 1st January 2023
New Grant
Amortisation
At 31st December 2023		 1994
2001
2002
Total
Grant
Grant 2
Grant
£
£
£
£
77,106
26,386
211,291
314,782
-
(1,028)
(334)
(2,641)
(4,003)
76,078
26,052
208,650
310,779

Page 6 of 7

SOUTH SHIELDS SAILING CLUB NOTES TO THE ACCOUNTS CONTINUED

At 31st December 2023

4 Boat Replacement Provision

Over the years the original club dingy training fleet has been replaced by a number of second hand dinghies paid for either out of club funds or grants. The original training fleet is still being used by a youth organisation for sail training.

The boats and equipment increase in fixed assets was for the purchase of a rescue boat and a second hand outboard engine

5

SOUTH SHIELDS SAILING CLUB

At 31st December 2023

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 2023 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

29th October 2024

Page 7 of 7