Leicestershire and Rutland Youth Sailing Association ## 2020 Trustees’ Annual Report For the period from 1[st] January 2020 to 31[st] December 2020 Charity Name: Leicestershire and Rutland Youth Sailing Association Also known as “ The LRYSA ” Registration Number: 1107119 Registered address: 89 Florian Way, Hinckley, LE10 0WG Trustees for period: Mr Keith Lynch Mr Colin Magee Mr Anthony Gill (resigned 31-May-20) Ms Fiona Caton (appointed 1-Jun-20) President: Mr Keith Lynch Chairman: Mr Colin Magee Treasurer: Ms Fiona Caton Secretary: Mrs Jill Magee Executive Committee: 9 members Governing Body: Royal Yachting Association (RYA) ## Summary of the purpose of the charity The LRYSA is a fully inclusive Charity run entirely by Volunteers with an aim to make dinghy sailing & watersports accessible to the whole community, regardless of their mental or physical abilities, age or financial / social background. ## COVID-19 Disruption Covid-19 brought challenges to the association with the National Lockdown and being on the edge of Leicester which was in continued lockdown for an additional period. The number of students attending regular sessions were very limited due to social distancing and most of normal adhoc courses were cancelled. COVID Recovery Grants Received Sport England £1,700 Leicestershire & Rutland Sport (LRS) £1,350 Page **1** of **3** Registered Charity No: 1107119 www.lrysa.org.uk Leicestershire and Rutland Youth Sailing Association ## Summary of main Activities LRYSA is an accredited RYA Training Centre and Sailability Centre that provides dinghy sailing tuition for all ages from 8 to 80+. Activities were limited in 2020 due to Covid-19. Saturday Training: Age 8 to 18 to RYA Stage 1 to 4 Tuesday Senior Club: Age 55+ to RYA Level 1 &2 and Powerboat Level 1&2 Adult Sailing Level: RYA Level 1&2 Adult Powerboat: RYA Level 1&2 ## Overall Accounts Summary 2020 |Income:|£93,890|£93,890| |---|---|---| |General Activities|5,556|| |COVID Recovery Grants|3,050|| |JML Project|85,284|| |Expenses:|£104,115|| |General Activities|7,347|| |JML Project|96,768|| |Balance of income over expenses:|-|£10,225| |Current Account|£5,308|| |Reserved Cash|£22,100|| |Total Cash Balance|£27,408|
(at year end)| |LRYSA Management Accounts|2020|| |---|---|---| |Total Revenue||£7,080| |Sailing Activities|4,030|| |Covid Grants|3,050|| |Total Expenses||£6,734| |Direct Expenses|4,147|| |Overheads|2,587|| |Income/Expense 2020 Balance||£346| Page **2** of **3** Registered Charity No: 1107119 www.lrysa.org.uk Leicestershire and Rutland Youth Sailing Association ## Major Capital Project at John Merrick’s Lake Ongoing project to improve the facilities at our site at John Merrick’s Lake, North Watermead Park, Wanlip Road, Syston. LE7 1PD. |2020 Project Income|£85,284| |---|---| |Mick George|24,500| |Sport England|23,100| |Samworth Brothers|12,000| |RYA Foundation|10,000| |LCC Shires|10,000| |Others summarized|5,684| |2020 Project Expenses|£96,768| |Install Services: water, electricity|44,026| |Internal: wet rooms/changing rooms|24,047| |External: Disabled access, improvements|16,930| |Site: Landscaping, improvements|11,765| |2020 Income/Expense Balance|-£11,484| ## Fiona Caton Fiona Caton Treasurer 10[th] May 2020 Page **3** of **3** Registered Charity No: 1107119 www.lrysa.org.uk ## **Leicestershire & Rutland Youth Sailing Association** ## Income and Expenditure Account 1st January 2020 to 31st December 2020 |**Income**|||||| |---|---|---|---|---|---| |Sailing Fees|||£5,110||| |Fund Raising / Grants|||£3,300||| |Major Site Project|||£85,284||| |Miscellaneous|||£195||| |**Total Income**||||**£**|**93,890**
| |**Expenditure**|||||| |Sailing Fees|||||| |Training & Services|||£1,581||| |New Equipment|||£168||| |Maintenance & Other|||£1,554||| |Building Services|||£1,422||| |Professional Fees|||£2,552||| |Major Site Project|||£96,768||| |Miscellaneous|||£70||| |**Total Expenditure**||||**£**|**104,115**
| |**BALANCE OF INCOME OVER**|**EXPENDITURE**|||**-£**|**10,225**
| |||Balance Sheet|||| ||31st December 2020||||| |**Current Assets**|||||| |Current Account||||£|5,308
| |Reserved Cash||||£|22,100
| |Total Cash at bank / in hand||||£|27,408
| |Total Debtors||||£|100
| |**Total Current Assets**||||**£**|**27,508**
| |**Current Liabilities**|||||| |**Total Current Liabilities (Creditors)**||||**£**|**5,016**
| |**NET ASSETS**||||**£**|**22,492**
| |Represented by:|||||| |Balance at 1st January 2020||||£|32,718
| |Balance of Income over|expenditure|||-£|10,225
| |**Balance at 31st December 2020**||||**£**|**22,492**
| ## LEICESTERSHIRE & RUTLAND YOUTH SAILING ASSOCIATION FUND ACCOUNTS FOR THE YEAR ENDED 31[ST] DECEMBER 2020 **SCOTT BROWNLOW, ACMA, CGMA DECEMBER 2021** ## **AUDIT CERTIFICATE** ## **LEICESTERSHIRE & RUTLAND YOUTH SAILING ASSOCIATION** I certify that I have examined the financial statement, books of account and supporting records of the Leicestershire & Rutland Youth Sailing Association Account for the accounting year ended 31[st] December 2020. A process change has been agreed with the Treasurer regarding how reimbursements to her local account (by herself) in respect of expenditure incurred can be better evidenced as having been independently authorised by another trustee, i.e. to demonstrate a clear division of duties. Otherwise, the accounts and supporting records are maintained to a very high standard and I hereby certify that to the best of my knowledge and belief, the accounts are in accordance with the books, records, information and explanations supplied to me, and give a true and fair view of the Account’s activities during the accounting year. Scott Brownlow, ACMA, CGMA Auditor 9[th] December 2021 ## **Leicestershire & Rutland Youth Sailing Association** ## Balance Sheet as at 31st December 2020 |Current Assets
Notes
Debtors (Payments in Advance)
1
CAF Current Account
2
CAF Gold Account
Lloyds Bank Current Account
3
Cash At Bank
Fiona Caton Account
Cash In Hand
Total Current Assets
Less: Current Liabilities
Creditors
4
Represented by:-
Accumulated Balance b/f @ 1st January 2020
Less: Expenditure over Income in Year
Accumulated Balance c/f @ 31st December 2020|£
27,348.57
242.45
223.03|£
100.00
27,814.05
(207.70)
(198.00)| |---|---|---| ||£|| |||27,508.35
(5,016.20)| |||22,492.15| |||£
32,717.50
(10,225.35)| |||22,492.15| ## **Leicestershire & Rutland Youth Sailing Association** Income and Expenditure Account for the year ended 31st December 2020 |Income
Sailing Fees
Major Site Project
Fund Raising / Grants
Miscellaneous
Excess of Expenditure over Income
In Year|£
5,110.00
85,284.43
3,300.00
195.20
93,889.63
10,225.35
104,114.98|Expenditure
Sailing Fees
Training & Services
New Equipment
Maintenance & Other
Building Services
Major Site Project
Professional Fees
Miscellaneous|£
0.00
1,581.00
167.62
1,553.87
1,422.30
96,768.43
2,551.76
70.00| |---|---|---|---| ||||104,114.98| ## **Leicestershire & Rutland Youth Sailing Association** Notes to the 2020 Accounts |1. Year-End Debtors
2020-11 (part) Callum Jones
2. Bank Reconciliation-CAF Current Account 00025558
£
Balance at 31st December 2020 as per statement no. 77
Add: amounts not yet credited
SUB-TOTAL
Less unpresented cheques:
NIL
Adjusted Bank Balance as at 31st December 2020
3. Bank Reconciliation-Lloyds Bank Current Account 08396568
£
Balance at 31st December 2020 as per statement no. 134
Add: amounts not yet credited
SUB-TOTAL
Less unpresented cheques:
NIL
Adjusted Bank Balance as at 31st December 2020
4. Year-End Creditors
The year-end creditors figure in the balance sheet comprises:
The year-end debtors figure in the balance sheet comprises:|£
NIL|£
100.00| |---|---|---| |||100.00| |||£
27,348.57
0.00| |||27,348.57
(0.00)| |||27,348.57| |||£
223.03
0.00| |
Balance at 31st December 2020 as per statement no. 134
Add: amounts not yet credited
SUB-TOTAL
Less unpresented cheques:
Adjusted Bank Balance as at 31st December 2020
4. Year-End Creditors
The year-end creditors figure in the balance sheet comprises:||| |||223.03
(0.00)| |||| |||223.03| |||£| |LCC - Rent
Thistle Loo Hire Ltd. - T97336
John Wells Gas & Oil Services - 728
RJ Fencing Ltd. - Gate Replacement
Thistle Loo Hire Ltd. - T98331
Scott Brownlow - Audit Fee 2020|100.00
100.80
3,007.00
1,578.00
110.40
120.00| |---|---| ||5,016.20|