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 t￿SteeS 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 PrePa￿d 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 a￿1VitieS 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
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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.
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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)
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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 Ma￿h 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
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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