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||Notes|UnrestrictedDesignated<br>Funds<br>Funds<br>EEL|UnrestrictedDesignated<br>Funds<br>Funds<br>EEL|Restricted<br>Funds|Total<br>2()20<br>E|Total<br>2019<br>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|<br>(27,O7t)|||
|TOTAL FUNDS CARRIED FORWARD|||||||





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|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|730,234|
|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|||||||



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|culatedat<br>ollows:|a ratetowrite off thecost|of tangiblefixedassets overthe|
|---|---|---|
|Off-Shore||lO-2O%o|
|Safety||7Oo/o|
|Dinghy||70o/o|
|Windsurf|ing|2Oo/o|



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|||Off-Shore<br>Et-|Safety|DinghyWindsurfing<br>E-EE|DinghyWindsurfing<br>E-EE|Total|
|---|---|---|---|---|---|---|
|EQUIPMENT|||||||
|Cost<br>Additions|01-Jan-20|29s,089<br>6,A24|<br>7s,510|236,049<br>9,938|77,575<br>8,889|684,163<br>25,651|
|Costat|31-Dec-20||||||
|Depreciation<br>Charge|01-Jan-20|92,482<br>32,66s|23,917<br>7,s52|68,061<br>24,600|37,776<br>77,279|227,630<br>82,096|
|Depreciation at|31-Dec-20||||||
|NetBookValue|31-Dec-2O||||||
|NetBook Value|31-Dec-19||||||



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|3.FIXED ASSET INVESTMENTS||||
|---|---|---|---|
|||TOTAL|TOTAL|
|||31-Dec-20|31-Dec-19|
|||ES.||
|Investments||106.693|<br>98.OOO|
||E|||
|Holdingvalueat startof year|98,000|||
|Accumulatedincome|3,123|||
|Netgain/(loss) on revaluation|s,570|||
|Holdingvalueatend of year|___l!889.3_|||



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|Holdingvalueatend of year<br>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|





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|5.EXPENDITURE||||||
|---|---|---|---|---|---|
||UnrestrictedDesignatedRestricted<br>Funds<br>Funds<br>Funds<br>Eff|||Total<br>2()2()<br>E|Total<br>2019<br>E|
|ExpenditureonCharitableActivities||||||
|ActivityCosts<br>Depreciation<br>Governance|1,829<br>-<br>1,1-74|53,592<br>82,096<br>|ss,665<br>393|111,086<br>82,096<br>t,507|732,548<br>72,700<br>7,507|
|6.RESTRICTED FUNDS||||||



|||||CURRENT YEAR||
|---|---|---|---|---|---|
||||Balance||Balance|
||||01-Jan-20<br>e|IncomeExpenditureTransfers<br>EEEE|31-Dec-2O|
|RAFSports<br>RAFCentral|Fund<br> Fund|Grant<br> Grant|-<br>-|10,s38<br>s,179<br>(s,3s9)<br>66,s91<br>s0,879(ts,712)||
|||||PREVIOUS YEAR||
||||Balance||Balance|
||||01-Jan-19<br>E|IncomeExpenditureTransfers<br>EzEE|3l-Dec-19|
|RAFSports<br>RAFCentral|Fund<br> Fund|Grant<br> Grant|-<br>-|3,014<br>(21,986)<br>49,760<br>(8,918)<br>25,000<br>s8,078||



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|7.DESIGNATED FUNDS|||||
|---|---|---|---|---|
|||CURRENT YEAR|||
||Balance|||Balance|
||01-Jan-20<br>E|IncomeExpenditureTransfers31-Dec-2O<br>EEEE|||
|OffshoreFund<br>DinghyFund<br>Special ProjectFund<br>DepreciationFund|37,600<br>76,362<br>25,017<br>463,029|39,858 52,200<br>10,297<br>1,392<br> <br>-<br>82,096|(4,s79)<br>25,155|2s,258<br> <br>20,688<br>25,017<br> 406,088|
|||PREVIOUS YEAR|||
||Balance||Balance||
||01-Jan-19<br>E|IncomeExpenditureTransfers31-Dec-19<br>EEEf|||
|OffshoreFund|37,600|ss,657<br>77,048|15,391|37,600|
|DinghyFund|9,700||-|16,362|
|SpecialProjectFund<br>DepreciationFund|25,Or7_||-<br>463,029|25,0t7<br>463,029|





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|A.DEBTOR.SANDPR.EPAYMENTS|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||Funds<br>EE|Funds|31-Dec-2O<br>e.E|31-Dec-19|
|Sundry Debtors||||2,22s|
|VATDebtor||||740|
|Prepayments|70,944||fi,g4;|7,78b|



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|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|||||



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