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2023-12-31-accounts

Principal’s Report to Northampton Sailability AGM 19[th] April 2024

1. RYA Recognised Training Centre

2. Sailing

3. Training

Finally – many thanks to all our volunteers, both on and off the water – without you we cannot deliver sailing for our members.

Rob Jackson, Principal, Northampton Sailability RTC

Page 1

NORTHAMPTON SAILABILITY

Registered Charity Number 1104092 RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2019

Note
Receipts
Membership
1
Donations
2
Events
3
Training income from Course Fees etc
4
Other income
Sale of boats
Gift Aid
Total
Payments
Running Costs
Website
Printing, postage and stationery
Telephones
Events
3
NSC Affiliation
RYA Affiliation
Insurance
Fleet
Boat purchases
Equipment purchases
Maintenance
Fuel
Training
Course expenses & books
4
Sundries
Total
Net receipts
Unrestricted
Restricted
Total
Total
2019
2018
10,713
-
10,713
8,860
14,074
13,433
27,507
23,390
5,518
5,518
7,775
1,527
1,527
577
-
30
-
-
1,177
1,177
632
33,009
13,433
46,442
41,264
48
48
65
94
94
79
60
60
40
4,150
4,150
6,620
7,596
7,596
3,750
125
125
125
1,628
1,628
1,227
12,269
12,269
12,433
567
567
141
2,042
414
2,456
3,221
634
634
447
3,203
3,203
627
411
411
352
20,558
12,683
33,241
29,127
12,451
750
13,201
12,137

Page 2

NORTHAMPTON SAILABILITY

Registered Charity Number 1104092
RECEIPTS AND PAYMENTS ACCOUNT
FOR THEYEAR ENDED 31 DECEMBER 2019
Note
Net Receipts
Transfers between funds
Balance at 1 January
Balance at 31 December
STATEMENT OF ASSETS AND LIABILITIES AS
ASSETS
Note
Cash funds at this year end
5
Non monetary assets
Held for Charity's Own Use
Boats, engines & trolleys
6
Storeroom
Total Assets
LIABILITIES
Income in advance
Capital commitments
Total Liabilities
Unrestricted
Restricted
Total
Total
2019
2018
12,451
750
13,201
12,137
-
-
-
0
44,929
-
44,929
32,792
57,380
750
58,130
44,929
AT 31ST DECEMBER 2018
Unrestricted
Restricted
Total
Total
2017
2018
57,380
750
58,130
44,929
35,029
-
35,029
30,365
21,832
-
21,832
23,196
114,241
750
114,991
98,490
450
-
450
-
-
-
-
-
450
-
450
-

The Accounts were approved by the Committee at a meeting held on

Committee Member

Committee Member

Page 3

NORTHAMPTON SAILABILITY

Registered Charity Number 1104092 NOTES TO THE RECEIPTS AND PAYMENTS ACCOUNTS AND STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 2019

1 MEMBERSHIP FEES
Individual
Group
Volunteers
Sailing fees
2 DONATIONS
Rotary Towcester
Brixworth U3A
Mkt Harborough Rotary
Northants County Golf Club
Dawn Patrol
NOSCA
Northampton West Rotary
Chris Bignell
Re Michael Middleton
Kettering Huxloe Rotary
Mkt Harborough Ladies
Re Linda Bradley
Sarah Butcher
Grand Union Housing
Northants Law Society
Nene Valley Rotary Club
Wooden Spoon Charity
Waitrose
Jenny Jeffs
Bridge Club
Gabriel Leeming
Share Gift Charity
St James Place
Sport England
Mkt Harborough Building Soc
Northampton 80 Lions
East Haddon Golfers
Northampton West Rotary
UFO Ladies Group
Re Brian Thake deceased
Boothville Community Choir
St Peter's Weston Favell
St Wilfred's Lodge
Re R J Goult deceased
Shoosmiths
W H Smith
Easy Fundraising
Many other donations
Unrestricted
Restricted
Total
Total
2019
2018
1,240
1,240
2,860
940
940
1,250
1,500
1,500
2,800
7,033
7,033
1,950
10,713
-
10,713
8,860
Unrestricted
Restricted
Total
Total
2019
2018
318
318
-
300
300
300
450
450
-
-
1,140
400
400
400
-
100
100
100
-
941
941
-
809
809
-
1,000
1,000
-
500
500
-
179
179
-
1,000
1,000
500
414
414
-
445
445
-
-
8,352
-
2,500
232
232
260
672
672
-
158
158
-
941
941
-
1,000
1,000
-
1,000
1,000
-
10,000
10,000
-
2,269
2,269
-
750
750
-
260
260
-
-
1,321
-
290
-
550
-
576
-
821
-
500
-
3,000
-
779
-
100
524
524
-
2,845
2,845
1,901
14,074
13,433
27,507
23,390

Page 4

NORTHAMPTON SAILABILITY

Registered Charity Number 1104092

NOTES TO THE RECEIPTS AND PAYMENTS ACCOUNTS AND STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 2019

3 EVENTS
Hansa Events
Sail4Gold
Xmas Dinner
Winter sails
Sale of Merchandise
Nancy Oldfield
Race Night
Plas Menai
4 TRAINING
Courses, books etc
5 CASH FUNDS AT YEAR END
Lloyds TSB
6 NON-MONETARY ASSETS
As at 1 January
Additions
Disposals
Depreciation during year
Value at 31 December
Receipts
Payments
Net
Net
2019
2018
302 229 73
189
-
(26)
1,307 1,134 173
54
55
55
160
310 134 176
-
1,735 1,873
(138)
743
1,511 482
1,029
-
298 298
-
35
5,518
4,150
1,368
1,155
Receipts
Payments
Net
Net
2019
2018
1,527
3,203
(1,676)
(50)
Unrestricted
Restricted
Total
Total
2019
2018
57,380
750
58,130
44,929
Boats
Storeroom
Total
Total
2019
2018
30,365
23,196
53,561
51,908
12,269
12,269
12,433
-
-
-
(7,605)
(1,364)
(8,969)
(10,780)
35,029
21,832
56,861
53,561

DEPRECIATION POLICY

Boats and trailers are depreciated by 25% in year of purchase, then by 7.5% per annum straight line method. Equipment is written off in the year of purchase. The storeroom which is built on land leased by Northampton Sailing Club and owned by Anglian Water would normally be written of over the term of the lease but as no formal tenancy agreement exists it is being written off over an arbitrary period of 20 years on a straight line basis.

7 RISKS AND RESERVES POLICY

The main period of income for the group is during the sailing season, April to October. The Committee has therefore established a policy whereby unrestricted funds held at the end of December should be no less than the amount required to pay the Northampton Sailing Club affiliation fees and the charity's insurance for the following year. In addition, a minimum of £1,000 should be kept in reserve for unexpected maintenance costs. Further funds are held to finance the replacement and acquisition of boats.

Detailed information on income and expenditure is presented for discussion at committee meetings.

CHARITY COMMISSION FOR ENGLANO AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees Northampton Sailability On accounts for the year ended 31 December 2023 Charity no (if any) 1104092 Set out on pages I report to the trustees on my examination of the accounts of the above charity ('the Trust") for the year ended Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent I ross income exceeded £250,000 and l am qualified to examiner's statement undertake the exami ualified member of [insert name of applicable listed body]]. Delete [ ] if not app I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below ") which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act. or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements concerning the fom and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date: 30 April 2024 Name: Stephen Aldwinckle Relevant professional qualification(s) or body Association of Accounting Technicians Association of Taxation Technicians IER Oct 2018