| Notes | UnrestrictedDesignated Funds Funds EEL |
UnrestrictedDesignated Funds Funds EEL |
Restricted Funds |
Total 2()20 E |
Total 2019 E- |
|
|---|---|---|---|---|---|---|
| INCOME | ||||||
| Income from: | ||||||
| Charitable Activities | 4(a) | 73,346 | 50,155 | 77,L29 | 140,630 | t67,755 |
| Investments | 4(b) | 3,243 | ||||
| TOTAL INCOME | 16,589 | 50,155 | 77,L29 | t43,473 | L7L,382 | |
| EXPENDITURE | ||||||
| Expenditure on Charitable Activities | 2,943 | I35,688 | s6,058 | t94,689 | 206,1s5 | |
| TOTALEXPENSES | 2,943 | 135,688 | 56,058 | 194,689 | 206,155 | |
| NETINCOMING/(OUTGOING) | L3,646 | (85,533) | 2l,o7l | (5O,816) | (34,773) | |
| Unrealisedgainsor(losses) on investments | 5,s70 | s,570 | 11,827 | |||
| Tot;lFundsBroughtForward | 747,552 | s42,008 | 689,560 | 712,s72 | ||
| Transfers between funds | 6/7 | 495 | 20,576 | (27,O7t) |
||
| TOTAL FUNDS CARRIED FORWARD |
| ASAT 31 | STDECEM | BER2O2O | ||||
|---|---|---|---|---|---|---|
| unrestricted | Restricted | 31-Dec-2031-Dec-19 | ||||
| Funds | Funds | Total | Total | |||
| Note | EE | EE | ||||
| Fixed Assets | ||||||
| Tangibleassets | 406,088 | 406,088 | 462,533 | |||
| Investments | 106,693 | 106,693 | 98,000 | |||
| CurrentAssets | ||||||
| Debtors and Prepayments | 70,944 | 10,944 | t0,753 | |||
| Cashatbank and inhand | t29,77 | 729,77t | ||||
| TotalcurrentAssets | t4o,7t5 | t4o,7t5 | 14f),987 | |||
| Creditorsramountsfallingdue morethanoneyear | 9,t82 | - | 9,182 | 11,960 | ||
| NET ASSETS | ||||||
| Fundsof the Charity | ||||||
| GeneralFunds | 767,263 | t67,263 | 1.47,552 | |||
| DesignatedFunds | 477,051 | 477,Os7 | 542,008 | |||
| RestrictedFunds | ||||||
| TOTAL FUNDS |
| culatedat ollows: |
a ratetowrite off thecost | of tangiblefixedassets overthe |
|---|---|---|
| Off-Shore | lO-2O%o | |
| Safety | 7Oo/o | |
| Dinghy | 70o/o | |
| Windsurf | ing | 2Oo/o |
| Off-Shore Et- |
Safety | DinghyWindsurfing E-EE |
DinghyWindsurfing E-EE |
Total | ||
|---|---|---|---|---|---|---|
| EQUIPMENT | ||||||
| Cost Additions |
01-Jan-20 | 29s,089 6,A24 |
7s,510 |
236,049 9,938 |
77,575 8,889 |
684,163 25,651 |
| Costat | 31-Dec-20 | |||||
| Depreciation Charge |
01-Jan-20 | 92,482 32,66s |
23,917 7,s52 |
68,061 24,600 |
37,776 77,279 |
227,630 82,096 |
| Depreciation at | 31-Dec-20 | |||||
| NetBookValue | 31-Dec-2O | |||||
| NetBook Value | 31-Dec-19 |
| 3.FIXED ASSET INVESTMENTS | |||
|---|---|---|---|
| TOTAL | TOTAL | ||
| 31-Dec-20 | 31-Dec-19 | ||
| ES. | |||
| Investments | 106.693 | 98.OOO |
|
| E | |||
| Holdingvalueat startof year | 98,000 | ||
| Accumulatedincome | 3,123 | ||
| Netgain/(loss) on revaluation | s,570 | ||
| Holdingvalueatend of year | ___l!889.3_ |
| Holdingvalueatend of year 4.INCOME |
___l!889.3_ | ||||
|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total | Total | |
| Funds | Funds | Funds | 2020 | 2019 | |
| E | E | L | E | E | |
| (a)CharitableActivities | |||||
| Grants | 77,129_ | 77,129 | 83,078 | ||
| Sponsorship | - | 15,000 | |||
| InsuranceClaim | 72,630 | 12,630 | |||
| Other Charitable Activities | t3,346 | 37,525 | 50,871 | 69,677 | |
| (b) Investments | |||||
| BankInterest | t20 | 311 | |||
| Dividends | 3,'L23 | 3,316 |
| 5.EXPENDITURE | |||||
|---|---|---|---|---|---|
| UnrestrictedDesignatedRestricted Funds Funds Funds Eff |
Total 2()2() E |
Total 2019 E |
|||
| ExpenditureonCharitableActivities | |||||
| ActivityCosts Depreciation Governance |
1,829 - 1,1-74 |
53,592 82,096 |
ss,665 393 |
111,086 82,096 t,507 |
732,548 72,700 7,507 |
| 6.RESTRICTED FUNDS |
| CURRENT YEAR | |||||
|---|---|---|---|---|---|
| Balance | Balance | ||||
| 01-Jan-20 e |
IncomeExpenditureTransfers EEEE |
31-Dec-2O | |||
| RAFSports RAFCentral |
Fund Fund |
Grant Grant |
- - |
10,s38 s,179 (s,3s9) 66,s91 s0,879(ts,712) |
|
| PREVIOUS YEAR | |||||
| Balance | Balance | ||||
| 01-Jan-19 E |
IncomeExpenditureTransfers EzEE |
3l-Dec-19 | |||
| RAFSports RAFCentral |
Fund Fund |
Grant Grant |
- - |
3,014 (21,986) 49,760 (8,918) 25,000 s8,078 |
| 7.DESIGNATED FUNDS | ||||
|---|---|---|---|---|
| CURRENT YEAR | ||||
| Balance | Balance | |||
| 01-Jan-20 E |
IncomeExpenditureTransfers31-Dec-2O EEEE |
|||
| OffshoreFund DinghyFund Special ProjectFund DepreciationFund |
37,600 76,362 25,017 463,029 |
39,858 52,200 10,297 1,392 - 82,096 |
(4,s79) 25,155 |
2s,258 20,688 25,017 406,088 |
| PREVIOUS YEAR | ||||
| Balance | Balance | |||
| 01-Jan-19 E |
IncomeExpenditureTransfers31-Dec-19 EEEf |
|||
| OffshoreFund | 37,600 | ss,657 77,048 |
15,391 | 37,600 |
| DinghyFund | 9,700 | - | 16,362 | |
| SpecialProjectFund DepreciationFund |
25,Or7_ | - 463,029 |
25,0t7 463,029 |
| A.DEBTOR.SANDPR.EPAYMENTS | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| Funds EE |
Funds | 31-Dec-2O e.E |
31-Dec-19 | |
| Sundry Debtors | 2,22s | |||
| VATDebtor | 740 | |||
| Prepayments | 70,944 | fi,g4; | 7,78b |
| 9,CREDITORS AND ACCRUALS: AMOUNTS | FALLINGDUEWITHINONE YEAR | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Tota! | |
| Funds | Funds | 31-Dec-20 | 31-Dec-19 | |
| f.E | EE | |||
| Sundry Creditors | 7,929 | 7,929 | 8,811 | |
| VATCreditor | 113 | 113 | ||
| Accruals | 7,t40 | 7,t40 | 3,t49 | |
| Deferred Income |