REGISTERED COMPANY NUMBER: 05235483 (Ellgland fjlld Wales) REGISTERED CHARITY NUMBER: 1106865 ort of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2024 for Blackwell Sailin
Blackwell Sailin Contents of the Financial Statements for the Yezr Ended 31 March 2024 Page Report of the Trustees Independent Exatnin¢Es Report Statement of Financial ActTvities Balance Sheet Notes to the Financial Statements 10 to 16 Detailed Slat¢ment of Financial Activities 17
Blackwell Sailin ort of the Trustees for the Year Ended 31 March 2024 The trustees who are also directors of the tharity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of A¢counting and Reporting by Charities- Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). ORIECTtVES AND ACTIVITIES Objectives And aims The objects of Blackwell Sailing as set out in the Governing Document are.. to provide sailing and other outdoor activities for people with disabilities ' to provide appropriate support and facilities for this to pmmote participation on equal temis by encouraging independen¢e to ¢arry out other charitable purposes to improve the condition of life of such persons as the trustees may detern)ine To this end the charity raises funds, organises and facilitates evening and daytime sailing sessions on Windemiere (April- October) with volunteer support and under the supervision of a qualified RYA Senior Sailing Instructor. The charity also provides opportunities for sailing members to pursue other outdoor activities such as canoeing, camping andwalking (through the winter months). All activities are supported by volunteers. Approximately 30 volunteers are involved in various roles. including the abovementioned, boat maintenanGe and fundraising. Their contribution is essential to the running of the charity. Public benefit The objects set out alK)ve act &8 the main activities undertaken to further the charity's purposes for the public benefit. The trustees have given due consideration to the Charity Cornmission's published guidance on the Public Benefit requirement under the Charities Act 2011. Page 3
Blackwell Sailin ACHIEVEMENT AND PERFORMANCE Charitable activities The start of the financial year and the start of our sailing season began with two very well attended volunteer induction and pre-season training days. 24 Volunteers attended over the two days and included 4 new volunteers for 2023124. This was led by Jonny Comiack our Centre PrinGipal and consisted of operational procedure updates and re familiarization training on the water. Along with continued practice and assessment sessions over the season. other training for volunteers has included RYA Powerboat courses. two RYA First Aid course for 8 volunteers. Thanks to Ian Shirra for coming to Blackwell and running the course at our base. In May Jonny Corniack attended and passed the RYA Moving and Handling Corse for trainers. We praise the commitment of our volunteers again this sea50n. with 33 active volunteers helping out the water, filling 386 volunteer places! As and when needed, we relied on our team of freelance senior instructors. Jonny Wolfendale. Chris Binks and Mel Vause to cope with demand. The charity ran 148 sailing sessions during the year with 449 places filled with sailing members. In total. 157 people with disabilities and 86 carers/family members benefited from activities With us. We once again partnered up with Bendrigg Trust so they could offer sailing activities on 10 o¢¢asions during the season. enabling youngsters with disabilities the chance to come sailing on Winderniere. Kendal Day service have been with us every Friday. rotating their groups. Horticare, WOSP. Whinfell and Windmill. Wednesday sessions have been filled with a variety of groups including: Underley Garden, Beaumont Carlisle, The Edington Centre, Beaumont Ulverston. Vision Support Barrow and some new/returning groups this year: Larche. Oaklea Trust and Carlisle Sight Support. All groups want to arrange more sessions next year. Working with Beaumont College Ulverston, we offered sailing sessions as part of their Outdoor adventure learning courses. We plan to build on this next year to introduce more students to sailing. Tuesday evenings have rotated with local individual sailors and Whinfell School. The Vitsl Group has continued on Thursday evenings. Thank you to Mel for running the sessions. Numbers have been good with one session having 19 people on the water! They had a day sail and picnic instead of the camp this year. After the success of last years Charitable Yacht Charter. ¢ourtesy of the UK S2iling Academy on the Isle of Wight, we arranged two mor¢ trips this year. One in May with 4 of our sailors and one trip in July in conjunction with another charity The Outlook Trust -which enabled 5 youngsters with visual impairments to enjoy sailing and living aboard the 45ft yacht. The winter walking group with Kendal Day Service continued with regular weekly walk5 led by volunteers from November to March. The group continued throughout the winter months helping members keep up a good level of fitness. The winter months are also time for our routine boat maintenance. All the boats had a very thorough overhaul. Painted where ne¢¢ssary, gel coat repairs. woodwork stained and vamish¢d. There were two rnajor repairs requiring the hull and deck of one Ac¢¢ss boat to be re sealed and an em¢rging split in one of the Whammel masts was re glued. Special thank5 to our fantasti¢ Maintenance team of volunteer5. some of whom are very skilled, meaning most of the work was completed in-house, saving the ¢harity a substsntial amount of money. In November we had our walkway to the office replaced. Thanks to Frank Randal of Furness Rotsry who liaised with Kendal, Fume55. Barrow and Ambleside Rotary clubs to raise the funds for the bridge replacement. The charity Gontinues to receive 5UPPOrt from our landlords and benefactors. Harold and Janet Lefton. We have use of our excellent multi-purpose building and floating jetty, both of which are accessible for all. We would also like to thank the Royal Windermere Yacht Club for their continued 5UPPOrt and allowing us to operate from th¢ir club when circumstances require. Page 4
Blackwell Sailin FINANCIAL REVIEW FinAncial position Blackwell Sailing had an income of £49,708 (£61.305 in 202212023) and expenses of £66.254 (£70.964 in 202212023) which includes depreciation on Fixed Assets of £2.699. (£2.841 in 2022123). Reserves Carried forward are £100,694 (£117,240 in 2022123) of which £51,291 are fixed assets (£53,991 in 2022123) and our cash and debtors of £49,603 and creditors owed of £200. We incurred a loss during the year due and we continue to actively pursue funding from our varied supporter base to maintain our operational financial health into the future. Principal funding sourees We are thankfvl for the financial support from the following organisations this year: Sir John Fisher Foundation, Frieda Scott Charitable TrusL Cumbria Community Foundation. The Primary Club, Rotary Clubs of Kendal. Barrow. Amblesid Furness and Ulverston. The Harold and Alice Bridges Charity, Masonic Lodge We have also received kind donations from. Claire Duxbury, Cumbria Soaring. Orton Drop In, Old Hutton Wl and Cestrian Lodge Reserves Policy Our policy is to have £27.000 funding in reserve. this will cover between 9 and 12 months, worth of operational expenditure. If cash reserves fall below thi5 level we will discuss the situation with the tSteeS and formulate a strategy to raise additional funds together with a review of our expenditure to maintsin our fijture viability. FUTURE PLANS We intend to continue to offer our servi¢es as we have done this year. Working in parthership with local disability organisations and care service providers to provide regular sailing sessions for local groups and individuals. We will also encourage new groups to come and ty our activities with the hope that they will become regular users of the centre too. We will continue to work with Beaumont College South Lakes to offer Sailing as part of their Outdoor Education Course for people with learning difficulties. We will continue to offer some half-day sessions to enable us to take two groups in one day. This will help us to cater for demand and see more people accessing our activities. We will continue our relationship with Royal Windermere Yacht Club to enable us to offer more sessions from a second site. We will encourage our sailing members to extend their outdoor experiences, to include other activities and to progress, where appropriate, to sail different boats at other locations. We will offer canoeing sessions to our regular sailing groups in order to provide a variety of experiences here on Winderniere. We will also continue to focus on the quality of our teaching and the development of educational resources (for use on and off the water). To keep up our high standards of service. volunteers will receive annual induction training and given the opportunity to develop their skills through training sessions and RYA courses. We will continue applying for grant funding and look for support we ¢an find locally. We will also raise some funding ourselves through local groups and Sponsored events. The charity will continue to operate on a non-commercial basis working with volunteers and maintaining partnerships with other local groups. The charity will be needs-led and client-centred in its approach and make improvements and special adaptstions to boats and equipment when necessary. Page 5
Blackwell Sailin STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing documenl and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The governing document for the charity is the Memorandum and Articles of Association. The charity is a Company limited by guarantee and not having a share capital, as defined by the Companie5 Act 2006. Trustees are elected by the board and the members at the AGM. All trustees have an existing or future interest in the airns and activities of the charity. New trustees receive an induction pack and all trustees review the activities of the charity. The trustees meet 3-4times a year and decisions are made at those meetings. The trustees regularly review the risks to which the charity is exposed and procedures are in for¢e to Tnanage those risks. REFERENCE AND ADMINISTRATIVE DETAILS Legal name Blackwell Sailing Registered Company number 0523i483 (England and Wales) Registered Charity num ber 1106865 Registered office Cockshott Wood Glebe Road Bowness on Windermere Cumbria LA23 3HE Trustees G A Pardoe Chair J Manning C Gibson S Johnson D J Ridlell J E Currin Treasurer L Cooper CompAny Secretary J P Comiack Independent Examiner Joel David Williarns l Montrose Avenue Stretford Manchester M32 9LN Approved by orderofthe board of trustees on .......... .. - and signed on its behalf by.. G A Pardoe- Trustee Page 6
Inde endeRI Examiner's Re Blackwell Sailin ort to the Trustees of Independent examiner'5 report to the trustees of Blackwell Sailing ('the Company,) I report to the charity trustees on my examination of the accounts of the Company for the year ended31 March 2024. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of cornpany law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companles Act 2006 ('the 2006 Act). Having satisfied myself that the accounts ofthe Company are not Tequired to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 ofthe Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 201 l Act. Independent examiner's statement I have Completed my examination. I confinn that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records We notkept in respect of the Company as requiredby section 386 ofthe 2006 Act; or the accounts do not accord with those records. or the accounts do not comply witli the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view wliich is not a matter Considered as part of an independent examination- or the accounts have not been PrePad in accordance with the methods and principles of the Statement of Recommeiided Pr2etice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this Teport in order to enable a proper understanding of the accounls to be reached. Joel David Williams l Monlrose Avenue Streiford Manchester M32 9LN Date: ..2410912024... . Page 7
Blackwell Sailin Slatement of Financial Activities Includin Income and Ex enditure Account and SIAtement of Total Reco nised Gains and Losses for the Year Ended 31 March 2024 31.3.24 Total funds 31.3.23 Total funds Unrestricted nd Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 19,293 28,460 47,753 60.675 Other trading activities her income 1,955 J,955 30 600 Total 21248 28.460 49,708 61.305 EXPEIYDITURE ON Ch4ritable xetivities Charitable Activities Running Costs 37.794 28.460 66,254 71,364 Total 37,794 28.460 66,254 71.364 NET INCOMEI(EXPENDJTURE) (16,546) (16,546) (10.059) Transfer5 behveen funds 13 Net movement in fuJJds (16.546) {16.546) (10,059) RECONCTLIATION OF FUNDS Total funds brought forward 117,240 117,240 127,299 TOTAL FUNDS CARRIED FORWARD 100.694 100,694 117,240 The notes forni part of these f5J)ancial statements Page 8
Blackwell Sailin Balance Sheet 31 March 2024 31.3.24 Total funds 31.3.23 Total fijnds Unrestricted fund Restricted funds Notes FIXED ASSETS Tangible assets io 51,291 51,291 53,991 CURRENT ASSETS Debtors Cash at bank and in hand 3.866 45,737 3.866 45.737 2.150 61,299 49,603 49,603 63,450 CREDITORS Amounts falling due within one year 12 (200) (200) (200) NET CURRENT ASSETS 49.403 49,403 63.250 TOTAL ASSETS LESS CURRENT LIABILITIES 100,694 100.694 117,240 NET ASSETS 100.694 100.694 117,240 FUNDS Unrestricted funds Restricted funds 13 100,694 I 17,240 TOTAL FUNDS 100,694 117.240 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in a¢¢ordance with Section 476 of the Companies Act 2006. Th¢ trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and pTrparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far a8 applicable to the charitsble company. (b) Th¢se financial statements have been prepared in aGGordance with the provisions applicable to charitable companies subject to the 5rnall companies regime. cial statements were approved by the Board of Trustees and authorised for issue on and were signed on its behalf by: G A Pardoe- Trustee The notes forn] part of the financial statements Page 9
Blackwell Sailin Notes to the Financial Statements for the Year Ended 31 March 2024 ACCOUNTINC POLICIES Charity status The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity the event of liquidation. Summary of significant accounting policies and key accounting estimates The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. Statement of compliance The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice {applieable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019)- (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006. Basis of preparation Blackwell Sailing meets the definition of a publi¢ benefit entity under FRS 102.Assets and Labilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. Going concern The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to ontinue as a going Goncern. The trustees make this assessment in respect of a period of one year from the dat¢ of approval of the financial slatements. The financial stafrments have been prepared on a gotng concern basis Judgements The critical judgements that management have made are as fellows: assessing the recoverability of outstanding debtors and the need for any provision for bad or doubtful debts Key sourees of estimation uncertainty The charity does not have any estimates that are subject to estimation uncertainty that require disclosure. Intome All income is r¢cognised once the Charity has entitlement to the income, it is probable that the income will be received, and the amount of income receivable can be measured reliably. Grants are included in the Statement of financial a1VitieS on a receivabl¢ b&sis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advan¢e of entitlement of r¢¢¢ipt. its recognition is deferred and included in creditors as deferred income. Where entitlement occurs befr>re income is received. the incorne is a¢¢rued. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant Is recognised at the time of the donation. Incorne tax recoverdbl¢ in relation to investment income is recognised at the time the investment income is receivable. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefit5 will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tllngible fixed assets Page continued...
Blackwell Sailin Depreciation is provided at the following annual rdte5 in order to write off each asset over its estimated usefitl life. Short leasehold Fixtures and fittings Boats and Equipment IOO/o on cost 50/0 on reducing balance 5 % on reducing balance Debtors Trade and other debtors are recognlsed at the settlement amount. Prepayments are valued at the amount prepaid. Cash at bank #Dd in hand Cash at bank and in hand includes cash and short-terni highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Liabilities and provisions Liabilities a recognised when there is an obligation at the Balance sheet date as a result of a past evenL it is probable that a transfer of ewnomic benefit will be required in settlement. and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Chartty anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provtde. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts. discounted at the pre-t&Y discount rate that reflects the risks specific to the liability- The unwinding of the discount is recognised in the Ststement of financial activities as a finance cosL Fingneixl instruments The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently mea5ur¢d at amortised cost using the effective interest method. Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestrioted funds can be used in accordance with the charitable objectives at the di5Gretion of the trustees. Restricted funds can only be used for partiGular restricted purpose5 Within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restri¢ted purposes. Further explanation of the nature and purpose of each fund is in¢lud¢d in the notes to the financial 5tatemenls. Pension costs #nd other post-retirement benefits The charitable company operates a defined contribution pension s¢heme. Contributions payable to the charitable ompany'5 pension scheme are charged to the Statement of Financial Activities in the period to which they relate. CTltico1 accounting estimates and areas of judgement Estimates and judgements are continually evaluated and are bas¢d on historical experience and other factors, including expectations of future events that are believed to be reasonable under the ¢ircumstanGes. The Charity does not currently have any significant accounting estimates or area5 of judgement. Page continued...
Blackwell Sailin Notes to the Financial Statements - continued for the Year Ended 31 March 2024 DONATIONS AND LKGACIES 31.3.24 31.3.23 Donations Gift aid Grants 13,970 1,323 32,460 9,905 50,770 47,753 60,675 Grants received, included in the above, are as follows-. 31.3.24 31.3.23 Sir John Fisher Foundation The James Fund Cumbria Community Foundation Harold and Alice Bridges Trust Frieda Scott Trust RYA Foundation South Lakcland District Council 22,000 5,460 4.000 1,000 22.000 9,000 i 0.000 5,500 4,270 32,460 50,770 OTHER TRADING ACTtVlTIES 31.3.24 31.3.23 Activity Holiday & Fundraising Events 1.955 30 CHARITABLE ACTIVITIES COSTS Support costs (see note 5) Direct Costs Totals Charitable Activities Running Costs 66.054 200 66,054 66,054 200 66.054 Comparatives from previous year Direct Costs Support costs Totals Charitable Activities Running C051s 70.965 400 71,365 70,965 400 71.365 Page 12 ontinued...
Blackwell Sailin Notes to the Financial Statements continued for the Year Ended 31 March 2024 SUPPORT COSTS Governance costs Running Costs 200 Th¢ above incudes £200 for the Independent examiners fee NET INCOMEI(EXPENDITURE) Net income/(expenditure) is stated after chargingl(crgditing)- 31.3.24 31.3.23 Depreciation- owned assets 2,700 2,842 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remunerdtion or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustees, expenses There were no trustees, expenses paid forthe year ended 31 March 2024 nor for the year ended 31 March 2023. STAFF COSTS The average monthly numb¢r of employees during the year was as follows: 31.3.24 31.3.23 Charity Manager Administration No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMEiYT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies Other trading activities Other income 60.675 30 600 60,675 30 600 Total 61.305 61,305 EXPENDITURE ON Charitable activities Charitable Activities Running Costs 69,601 1,763 71,364 NET INCOMEI(KXPENDITURE) (8.296) ,763 71.364 Transfers between funds 25,000 (25,000) Page 13 ontinued...
Blackwell Sailin Notes to the Financial Statements - continued for the Year Ended 31 March 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted fund funds Total funds Net movement in funds 16,704 (26.763) (10,059) RECONCILIATION OF FUNDS Total funds broughtfonyard 100,535 26,764 127.299 TOTAL FUNDS CARRIED FORWARD 117.240 117,240 io. TANGIBLE FIXED ASSETS Fixtures and fittings Short leasehold Boats and Equipment Totals COST At l April 2023 Additions 73,429 45,973 67,305 186,707 At 31 March 2024 73,429 45,973 67,305 186.707 DEPRECIATION At l April 2023 Charge for year 73,429 25,852 1.006 33,435 .693 132,716 2.700 At 31 Mah 2024 73.429 26.858 35.129 135.415 NET BOOKVALUL At 31 March 2024 19.115 32,176 51,292 At 31 March 2023 20.121 33.870 53.991 DEBTORS: AMotsNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Prepayments 2.150 2,150 Page 14 ontinued...
Blackwell Sailin Notes to the Financial Statements continued for the Year Ended 31 March 2024 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Other creditors Accrued expenses 200 200 200 200 13. MOVEMENT IN FUNDS Net movement in funds Transfers between funds At 31.3.24 At 1.4.23 Unrestrieted funds General fund 117,240 (16,546) 100.694 Restricted funds Sir John Fisher Fow]dation The James Fund Harold and Alice Bridge5 Trust TOTAL FUNDS 117.240 (16,546) 100.694 Net movement in fund5, included in the above are as follows: Incoming r¢sources Re50ur¢¢s expended Movement in funds Unr¢stri¢tsd funds General fund 21.249 (37,795) {16,546) Restricted funds Sir John Fisher Foundation The James Fund Harold and Alice Bridges Trust 22.000 5.460 1,000 (22,000) (5,460) (1.000) 28,460 28,460 TOTAL FUNDS 49,709 (66.255) (16.546) All transftrs from restricted funds to the Genernl funds represent an allocation of ¢05ts to the appropriate fund. Page 15 continued...
Blackwell Sailin Notes to the Financial Statements - continued for the Year Ended 31 March 2024 13. MOVEMEIYT IN FUNDS - eontinued Compllr#tives for movement in funds Net movement in funds Transfers between funds At 31.3.23 At1.4.22 Unrestricted funds General fund 100,535 (8,296) 25,000 117,240 Restricted funds Bally Thoma5 Volunteer Training Kitand Aids Vital Group 25.000 959 50 754 (25.000) (959) (50) (754) 21.571 34,818 {29,626) 26.764 TOTAL FUNDS 117,888 9,411 127,299 Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movem¢nt in funds Unrestrieted funds General fund 61,305 (69.602) (8,297) Restrieted funds Bally Thomas Volunteer Training Kit and Aids (959) (50) (754) (959) (50) (754) Vital Group (1,763) (1.763) TOTAL FUIYDS 61.305 {71,365) (10,060) 14. RELA TED PARTY DISCLOSURES There were no related party transactions for the year ¢nded 31 March 2024. Page 16
Blackwell Sailin Detailed Statement of Financial Activities for the Year Ended 31 March 2024 31.3.24 31.3.23 INCOME AND ENDOWMENTS Donations and legacies Donations Gift Aid Grants 13.970 1,323 32,460 9,905 50.770 47,753 60.675 Other trading activities Activity Holiday & Fundraising Events 1,955 30 Other ineome Insurance claims 600 Total incoming resources 49,708 61.305 EXPENDITURE Ch9ritable aetivitie$ Wages Social security Pension5 Insurance Telephone Sundries Computer Costs Service and Repairs Hoist on the Jetty Advertising Trips and events Training Registration fees Freelance Instructor Travel Membership Fees Payroll Processing Encroachment Running Costs Electric Costs Equipment Depn of Fixtu$ and fittings Depn of Boats and Equipment 29,964 9,046 3,682 2,640 640 346 60 5.494 28.406 10,621 3.682 4,862 449 1,354 iio 1,604 158 .355 584 211 6,775 2,103 336 562 1,806 1.574 635 936 1.058 1,783 2.149 148 506 3,745 1.437 703 1,896 358 500 41 1,006 1,693 66,054 70.964 Support costs Governance eosts Accountancy and legal fees 200 400 Total resource5 expended 66,254 71,364 Net incomel(expenditure} (16,546) (10,059) This page does not forni part of the statutory financial statements Page 17