REGISTERED COMPANY NUMBER: 05235483 (England and Wales)
REGISTERED CHARITY NUMBER: 1106865
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2025
for
Blackwell Sailing
Blackwell Sailing Contents of the Financial Statements for the Year Ended 31 March 2025
| Page | |||
|---|---|---|---|
| ReportoftheTrustees | 1 | to | 6 |
| Independent Examiner's Report | 7 | ||
| Statement of Financial Activities | 8 | ||
| Balance Sheet | 9 | ||
| Notes to the Financial Statements | 10 | to | 16 |
| DetailedStatementofFinancialActivities | 17 |
Blackwell Sailing
Report ofthe Trustees for the Year Ended 31 March 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting 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 | January 2019).
OBJECTIVES 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 promote participation on equal terms by encouraging independence
" to carry out other charitable purposes to improve the condition of life of such persons as the trustees may determine
To this end the charity raises funds, organises and facilitates evening and daytime sailing sessions on Windermere (AprilOctober) 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 maintenance and fundraising. Their contribution is essential to the running of the charity.
Public benefit
The objects set out above act as the main activities undertaken to further the charity’s purposes for the public benefit. The trustees have given due consideration to the Charity Commission’s published guidance on the Public Benefit requirement under the Charities Act 2011.
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Blackwell Sailing
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The financial year and sailing season started with two well-attended volunteer induction and training days. 23 volunteers participated, including 3 new ones for 2024/25. John Crosbie (RYA Coach Assessor) led the on-water training, while Jonny Cormack, our centre Principal, updated volunteers on operating and safeguarding procedures.
Throughout the season, volunteers have participated in practice and assessment sessions. Additionally, training opportunities have included RYA Powerboat courses, powerboat refresher days, and an RYA First Aid course for five volunteers. Jonny Cormack also renewed his RYA Moving and Handling qualification. We commend our volunteers for their dedication this season, with 39 active volunteers contributing to 529 volunteer positions on the water. Our team of qualified freelance Senior Instructors, including Mel Vause, Jonny Wolfendale, and Chris Binks, provided necessary support to ensure that all sessions were staffed with appropriately qualified personnel.
The charity conducted 137 sailing sessions during the year, with 457 spots filled by sailing members. Overall, 188 individuals with disabilities and 90 carers or family members participated in our activities. Additionally, we continued our partnership with Bendrigg Trust to offer sailing activities on six occasions during the season, providing opportunities for young people with disabilities to sail on Windermere.
Sailing activities commenced in April with our regular groups. On Tuesdays, we hosted individual participants and Whinfell School; on Wednesdays, we welcomed disability groups from across Cumbria; Thursdays were dedicated to the Vital Group; and Fridays were reserved for Kendal Day Service groups, including Whinfell, Horticare WOSP, and Windmill. This year, new groups that joined our activities included Huntley Avenue Penrith and Right2 Work Kendal.
Beaumont College Ulverston visited us on six occasions as part of their outdoor adventure learning courses. As a result, twelve students have successfully earned their RYA Introduction to Sailing certificate.
In June We enjoyed had a visit from The High Sherriff Chris Holme along with Cumbria Community foundation to showcase what our charity does for people with disabilities in Cumbria.
In July, we once again supported a sailing holiday to the Solent in collaboration with the Outlook Trust Charity for children with visual impairments.
From November to March, we led 20 walks for the users of Kendal Day Centre. One walk was cancelled due to severe weather conditions, so we held an indoor sports day at the day centre instead! The group sizes varied from 6 to 12 participants.
Our maintenance team once again did a fantastic job in preparing the boats for the coming season. Thanks to all volunteers involved. We also acknowledge support from the Outlook Trust for lending their rescue boat while ours was being fixed in the early season
Effective December 2025, Blackwell's office for admin duties will be relocated to Stricklandgate House in Kendal. We have vacated the upper office at Cockshott Wood for our landlord's use. The downstairs room at Cockshott will be repurposed as a multi-functional space, and we will use the disabled toilet/changing room connected to the bungalow.
We would like to extend our gratitude to our landlords and benefactors, Janet and Harold Lefton, who generously provide the land and buildings from which our charity operates. Additionally, we wish to thank the Royal Windermere Yacht Club for their ongoing support and for accommodating our operations at their club when necessary.
FINANCIAL REVIEW
Financial position
Blackwell Sailing had an income of £78,195 (£49,708 in 2023/2024) and expenses of £84,702 (£67,970 in 2023/2024) which includes depreciation on Fixed Assets of £2,565. (£2,699 in 2023/24).
Reserves carried forward are £94,187 (£100,694 in 2023/24) of which £48,727 are fixed assets (£51,291 in 2023/24) and our cash and debtors of £45,460 and creditors owed of £200. We incurred a loss during the year of £6507 due to unforeseen expenditure on ground works. We continue to actively pursue funding from our varied supporter base to maintain our operational financial health into the future.
Principal funding sources
We are thankful for the financial support from the following organisations this year: Sir John Fisher Foundation, Baily Thomas Foundation, Cumbria Community Foundation, Masonic Lodge Milnthorpe, Kendal Rotary Club, Sir Frances Scott Trust, David Snowden Trust, Lake District Foundation, Green King - Proud to Pitch In, Cumbria Soarers, Keswick to Barrow, James Hall (Spar Bowness), The Rumic Trust, Lakeland Disability Support Page 4
Blackwell Sailin
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 this level we will discuss the situation with the trustees and formulate a strategy to raise additional funds together with a review of our expenditure to maintain our future viability.
FUTURE PLANS
We intend to continue to offer our services as we have done this year. Working in partnership 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 try 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 Windermere. 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 can 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 adaptations to boats and equipment when necessary.
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Blackwell Sailin
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, 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 Companies Act 2006. Trustees are elected by the board and the members at the AGM. All trustees have an existing or future interest in the aims 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 force to manage those risks.
REFERENCE AND ADMINISTRATIVE DETAILS
Legal name Blackwell Sailing
Registered Company number 05235483 (England and Wales)
Registered Charity number 1106865
Registered office Cockshott Wood Glebe Road
Bowness on WindermereCumbria LA23 3HE
Trustees G A Pardoe Chair J Manning C Gibson S Johnson D J Ridlell J E Currin Treasurer L Cooper
Company Secretary TP Carmack
Independent Examiner Joel David Williams 1 Montrose Avenue Stretford Manchester M32 9LN
Approved by order ofthe board oftrustees onAse! Qu F2riveee...and signed on its behalf by:
G A Pardoe - Trustee
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Independent Examiner's Report to the Trustees of Blackwell Sailin
Independent examiner's 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 ended 31 March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity's accounts as carried out under section 145 of the 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 2011 Act.
Independent examiner's statement
I have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2: the accounts do not accord with those records; or
-
3; the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice 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 report in order to enable a proper understanding of the accounts to be reached.
| y wah
Joel David Williams 1 Montrose Avenue Stretford Manchester M32 9LN
Date: eDS v e Ad 2S ciomae
Page 7
Blackwell Sailin
Statement of Financial Activities (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) for the Year Ended 31 March 2025
| 31.3.25 | 31.3.24 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | 3 | £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||||
| Donationsand legacies | 2 | 75,729 | - | 75,729 | 47,753 |
| Othertradingactivities Other income |
3 | 2,466 | - s |
2,466 | 1,955 |
| : | ° | ° | |||
| Total | 78,195 | - | 78,195 | 49,708 | |
| EXPENDITURE ON | |||||
| Charitable activities | 4 | ||||
| Charitable Activities | - | - | . | - | |
| Running Costs | 84,702 | . | 74,702 | 66,254 | |
| Total | 84,702 | - | 84,702 | 66,254 | |
| NET INCOME/(EXPENDITURE) | (6,507) | - | (6,507) | (16,546) | |
| Transfers between funds | 13 | - | - | - | - |
| Netmovement in funds | (6,507) | - | (6,507) | (16,546) | |
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 100,694 | . | 100,694 | 117,240 | |
| TOTALFUNDSCARRIEDFORWARD | 94,187 | - | 94,187 | 100,694 |
The notes form part of these financial statements
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Blackwell Sailin
Balance Sheet
31 March 2025
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----- Start of picture text -----
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|31.325|31.3.24|
|Unrestricted|Restricted|Total|Total|
|fund|funds|funds|funds|
|Notes|£|£|£|£|
|FIXED|ASSETS|
|Tangible|assets|10|48,727|-|48,727|51,291|
|CURRENT|ASSETS|
|Debtors &|Prepayments|11|4,101|-|4,101|3,866|
|Cash|at bank and|in hand|41,559|-|41,559|45,737|
|45,660|-|45,660|49,603|
|CREDITORS|
|Amounts|falling|due|within|one|year|12|(200)|-|(200)|(200)|
|NET|CURRENT|ASSETS|94,187|-|45,460|49,403|
|TOTAL|ASSETS|LESS|CURRENT|
|LIABILITIES|94,187|-|94,187|100,694|
|NET ASSETS|94,187|-|94,187|100,694|
|FUNDS|13|
|Unrestricted|funds|94,187|100,694|
|Restricted|funds|=|=|
|TOTAL FUNDS|94,187|100,694|
----- End of picture text -----
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025S.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The 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
-
(b) preparing 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 as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
TheAStalas.......fjnanoial statementsand werewere signedapproved on its behalfby the by: Board of Trustees and authorised for issue on
GA Pardoe - Trustee
The notes form part of these financial statements
Page 9
Notes to the Financial Statements for the Year Ended 31 March 2025 :
Blackwell Sailin
- ACCOUNTING 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 in 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 {applicable to charities preparing their accounts in accordance with the Financial Reporting Standard 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 public 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 continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.
The financial statements have been prepared on a going concern basis
Judgements
Thecritical 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 sources of estimation uncertainty
The charity does not have any estimates that are subject to estimation uncertainty that require disclosure.
Income
All income is recognised 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 activities on a receivable basis. 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 advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Income tax recoverable 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 benefits will be required in settlement and the amount ofthe 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.
Tangible fixed assets
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Blackwell Sailin
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 10% on cost Fixtures and fittings - 5% on reducing balance Boats and Equipment - 5% on reducing balance
Debtors
Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.
Cash at bank and in hand
Cash at bank and in hand includes cash and short-term 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 are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
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-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
Financial 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 measured at amortised cost using the effective interest method.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Critical accounting estimates and areas of judgement
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The Charity does not currently have any significant accounting estimates or areas ofjudgement.
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Blackwell Sailin
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
| 2. | DONATIONS AND LEGACIES | |||
|---|---|---|---|---|
| 31.3.25 | 31.3.24 | |||
| £ | £ | |||
| Donations | 14,148 | 13,970 | ||
| Gift aid | - | 1,323 | ||
| Grants | 61,581 | 32,460 | ||
| 75,729 | 47,753 | |||
| Grants received, included in the above, are as follows: | ||||
| 31.3.25 | 31.3.24 | |||
| £ | f, | |||
| SirJohn Fisher Foundation | 20,000 | 22,000 | ||
| Lake District Foundation | 11,500 | - | ||
| Baily Thomas | 10,000 | - | ||
| CumbriaCommunity Foundation | 8,381 | 4,000 | ||
| Francis Scott Trust | 5,000 | - | ||
| The David Snowdon Trust | 4,000 | - | ||
| The Semble | 2,200 | - | ||
| Westmorland and Furness | 500 | - | ||
| The James Fund | ~ | 5,460 | ||
| Harold and Alice Bridges Trust | - | 1,000 | ||
| South Lakeland District Council | - | - | ||
| 61,581 | 32,460 | |||
| 3. | OTHER TRADING ACTIVITIES | |||
| 31.3.25 | 31.3.24 | |||
| £ | £ | |||
| Activity Holiday & Fundraising Events | 2,175 | 1,955 | ||
| Merchandise | 291 | - | ||
| 4. | CHARITABLE ACTIVITIES COSTS | |||
| Support | ||||
| Direct | costs (see | |||
| Costs | note 5) | Totals | ||
| £ | £ | £ | ||
| Charitable Activities | - | - | - | |
| Running Costs | 84,503 | 200 | 84,703 | |
| 84,503 | 200 | 84,703 | ||
| Comparatives from previous year | ||||
| Direct Costs |
Support costs |
Totals | ||
| Es | £ | £ | ||
| Charitable Activities | - | - | - | |
| Running Costs | 66,054 | 200 | 66,254 | |
| 66,054 | 200 | 66,254 |
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Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
5) SUPPORT COSTS
Running Costs
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----- Start of picture text -----
Governance
costs
£
200
—
----- End of picture text -----
The above incudes £200 for the Independent examiners fee
- NET INCOME/(EXPENDITURE)
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----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|Net|income/(expenditure)|is|stated|after|charging/(crediting):|
|31.3.5|31.3.24|
|£|£|
|Depreciation|- owned assets|2,565|2,700|
----- End of picture text -----
TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees’ expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
- STAFF COSTS
The average monthly number of employees during the year was as follows:
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|||||||||
|---|---|---|---|---|---|---|---|
|$1,3.25|31.3.24|
|Charity Manager|1|1|
|Administration|-|-|
|1|1|
|No|employees|received|emoluments|in|excess|of £60,000.|
|9.|COMPARATIVES|FOR|THE|STATEMENT|OF|FINANCIAL|ACTIVITIES|
|Unrestricted|Restricted|Total|
|fund|funds|funds|
|£|£|£|
|INCOME|AND|ENDOWMENTS|FROM|
|Donations|and|legacies|19,293|28,460|47,753|
|Other|trading|activities|1,955|-|1,955|
|Other|income|-|-|-|
|Total|21,248|28,460|49,708|
|EXPENDITURE|ON|
|Charitable|activities|-|-|-|
|Charitable|Activities|37,794|28,460|66,254|
|Running|Costs|ae|
|NET|INCOME/EXPENDITURE)|(16,546)|-|(16,546)|
|Transfers|between|funds|-|-|-|
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Blackwell Sailin
Notes to the Financial Statementscontinued for the Year Ended 31 March 2025
| 9. | COMPARATIVES FOR THE STATEMENT | OF FINANCIAL ACTIVITIES - continued | OF FINANCIAL ACTIVITIES - continued | OF FINANCIAL ACTIVITIES - continued | OF FINANCIAL ACTIVITIES - continued | |
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| fund | funds | funds | ||||
| Netmovement in funds | —_f (16,544) |
_£ - |
—_£ (16,546) |
|||
| RECONCILIATION OF FUNDS | ||||||
| Totalfunds brought forward | 117,240 | - | 117,240 | |||
| TOTALFUNDSCARRIEDFORWARD | 100,694 | - | 100,694 | |||
| 10. | TANGIBLE FIXED ASSETS | |||||
| Fixtures | ||||||
| Short | and | Boatsand | ||||
| leasehold £ |
fittings 5; |
Equipment £ |
Totals £ |
|||
| COST | ||||||
| At | April 2024 | 73,429 | 45,973 | 67,305 | ||
| Additions | . | - | - | - | ||
| At 31 March 2025 | 73,429 | 45,973 | 67,305 | 186,707 | ||
| DEPRECIATION | ||||||
| At | April 2024 | 73,429 | 26,858 | 35,129 | ||
| Charge foryear | - | 956 | 1,609 | 2,565 | ||
| At31 March2025 | 73,429 | 27,814 | 36,738 | 132,850 | ||
| NETBOOKVALUE | ||||||
| At31 March 2025 | - | 18,159 | 30,568 | 48,727 | ||
| At31 March 2024 | - | 19,115 | 32,176 | 51,292 | ||
| 11. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||||
| 31.3.25 | 31.3.24 | |||||
| of | £ | |||||
| Prepayments | 4,101 | 3,866 |
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Blackwell Sailin
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
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----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|22,|CREDITORS:|AMOUNTS|FALLING|DUE|WITHIN|ONE|YEAR|
|31325|31.3.24|
|£|£|
|Other|creditors|-|-|
|Accrued|expenses|200|200|
|200|200|
|13;|MOVEMENT|IN|FUNDS|
|Net|Transfers|
|movement|between|At|
|At|1.4.24|in funds|funds|31325|
|£|£|£|£|
|Unrestricted|funds|
|General|fund|100,694|(6,507)|-|94,187|
|Restricted|funds|
|TOTAL FUNDS|100,694|(18,262)|-|98,978|
|Net movement|in|funds,|included|in the above|are as follows:|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|78,195|(84,702|)|(6,507)|
|Restricted|funds|
|TOTAL FUNDS|78,195|(84,702)|(6,507)|
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All transfers from restricted funds to the General funds represent an allocation of costs to the appropriate fund.
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Blackwell Sailin
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
13. MOVEMENT IN FUNDS- continued
Comparatives for movement in funds
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At 1.4.23 | in funds | funds | 31.3.24 | |||
| £ | £ | £ | £ | |||
| Unrestricted funds | ||||||
| General fund | 117,240 | (16,546) | - | 100,649 | ||
| Restricted funds | ||||||
| Sir John Fisher Foundation | - | - | = | 5 | ||
| The James Fund | . | - | - | - | ||
| Harold and Alice Bridges Trust | - | - | - | - | ||
| TOTALFUNDS | 117,240 | (16,546) | = | 100,649 | ||
| Comparative net movement in funds, included in the above | are as follows: | |||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 21,249 | (37,795 ) | (16,546) | |||
| Restricted funds | ||||||
| SirJohn Fisher Foundation | 22,000 | (22,000) | - | |||
| The James Fund | 5,460 | (5,460) | - | |||
| Harold and Alice Bridges Trust | 1,000 | (1,000) | - | |||
| 28,460 | (28,460) | (-) | ||||
| TOTALFUNDS | 49,709 | (66,255 ) | (16,546) | |||
| 14, | RELATEDPARTYDISCLOSURES |
There were no related party transactions for the year ended 31 March 2025.
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Blackwell Sailin
| Detailed Statement of Financial Activities | ||
|---|---|---|
| fortheYearEnded 31 March 2025 | ||
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 14,148 | 13,970 |
| Gift Aid | - | 1,323 |
| Grants | 61,581 | 32,460 |
| 75,729 | 47,753 | |
| Other trading activities | ||
| Activity Holiday & Fundraising Events | 2,466 | 1,955 |
| Other income | ||
| Insurance claims | = | . |
| Total incoming resources | 78,196 | 49,708 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | 31,743 | 29,964 |
| Social security | 7,301 | 9,046 |
| Pensions | 3,682 | 3,682 |
| Insurance | 4,557 | 2,640 |
| Telephone | 493 | 640 |
| Sundries | 298 | 346 |
| ComputerCosts | 90 | 60 |
| Service and Repairs | 19,812 | 5,494 |
| Fuel for Boats | 411 | - |
| Advertising | 65 | - |
| Trips and events | 900 | 2,149 |
| Training | 751 | 148 |
| Registration fees | 547 | 506 |
| Freelance Instructor | 4,535 | 3,745 |
| Travel | 293 | 1,437 |
| Merchandise | 891 | - |
| Payroll Processing | 584 | 703 |
| Encroachment | 2,085 | 1,896 |
| Running Costs | 134 | 358 |
| Electric Costs | 569 | 500 |
| Equipment | 2,197 | 41 |
| Depn ofFixtures and fittings | 956 | 1,006 |
| DepnofBoatsandEquipment | 1,609 | 1,693 |
| 84,503 | 66,054 | |
| Support costs | ||
| Governance costs | ||
| Accountancy and legal fees | 200 | 200 |
| Total resources expended | 84,703 | 66,254 |
| Netincome/(expenditure) | (6,507) | (16,546) |
This page does not form part of the statutory financial statements Page 17