Shropshire Sailing Club (A company limited by guarantee) Report and Financial Statements For the Year Ended 31 October 2025 Charity Number- 1134892 Company Number.. 07073373
Shropshlre Salllng Club Contonts Page Lggal and Adminlstrative Infomalion Tyustees Annual Report Independent Examinors Report Statement of Fin8ndal Advltle$ lindudlng Incomo & Expendtturo Account) Balanco She&t Notès lo the Financial Slatsmenls
Shropshlre Salllng Club Lègal and Admlnlstratlve Informatlon Status The olg81$St4On Is a charftable company limited by guar8ntÈ8, Incorporat&J on 11 November 2009 ond registèrèd 8$ a ¢harity on 12 March 2010. Thè company is established under • Mèmorandum ol Association which estsblighèd th& oblocts and pow8rs of th6 ¢harit8ble Ixjmpany and Is govemed by Ils Artides of ASS(l8.0n. Und•r those Artides, th8 Dir8Ctors are elted to seThe for a perir1 of 8 rrth one third retiring each year. Dlr•ctors and Tru8ts0$ Th• dlreclors ol lh8 charit8bJg compsny Ilhfr ¢haitty} ar8 ivs trust80s forlh• purposo of chBritylaw and thmughout this report are eollectivdy referred to a8 the tru819ès. Th& trusiees serving during Ihtr year and nce the year end were as fr41oWS .' Mr l Johns Mrs A J Eady Mr D A Coull Iresigngd 25 Fabruary 20251 Mr S D Hewitt Iresigned 10 N0mbar 2025) MrJRSRNlge Mr C C Trump Mrs A E Nankervis (appointed 25 Fgtyruary 2025) R•glst•r•d offlc• Whitèmwè Eilèsmarè Shropshire SY12 OHU Ind•p•nd•nt •xamFner K R Salt FCCA BK Plus Limited Advenre Place. Hanley Stoke on Trent ST13AF Bank•rs Natwest B8nk pt¢ 42 Ch8shir8 Strgot Market Drayton Shropshire TF9 1PG
Shropshlre Salling Club Trust&os Annual RgPOrt for tho y•ar ended 31 O¢tober 2025 The trustees present their report along with the financlal statements the yèar ended 31 Octobgr 2025 Thé financial statsments have been prepared in accordance th the accounting policles set out In note 1 to the accounts and comply with the charitys Memorandum and Artldos of Association, the ChaTiti85 Act 2011,the Companles AGI 2006 and lh• Statement of Recommended Pra¢lc8 applicable to charities preparing their accounts In accordanctr with the Flnancial Reportlng Standard appllcable in the UK and Republic of Ireland published on 16 July 2014. The company ¢ontact address is th8 regl$t8r8d office. M#nag•m•nL gov•m•n¢o arrangements and rlsk revl•w The Boar(1 considers that ils trustees collectwely possvss the ne¢gssary skill and experience to diract the Club's affalrs and identify and Induct suitsble Candidates lo fill any vacancA8S. Thg Board Is contlnuously alert to and fomially reviews annually the rfsks to which the charhty is exposgd. The trustees keèp the skill requlremonts for the Trustee Body undor r&view and new potential ITusl89s will be approachod as considered nocessary. The trustees will u)nduot an interview in which the Tesponslbilitses of trustees are dFscussed and a final decFslon taken. The irKlu¢tlon proce8$ for now trustees will Involve an initial meotlng vAth the current trustees 10 tjlscuss in detail tho rosponsibilitles of the p05ilion, the governing trust deed and the objactives of the charlty. New truslegs are provided wlth a copy of the Charity CommSssSons Guidance 'The Essential Tru$l88'. What you Noed to Know.. The board meets not less Ihan thr8& Ilmes a year to I9W progress and plarvs. Obl•ctfv The charity Is 8Stablished with the object of the promotion of community parti¢ipalion In healthy racrealion by th8 provision of f#cilltias for san9 in Iha north Shropshirè 8r•a. In shaping our objective8 and planning our 8Ctivllig$. the trustees have corIder8d the Charity Commission'5 guidance on public Lwofft. How our actlvltlos dellvèr publ1¢ b•nefft The club provides community Involvement ift althY recreation Idlnghy sailing), advancing the physical oducation of young people by provsdlng equipment and faciltties to loam the sport of sailing. and ¢ducating the public about the sustainable recreallonal use of the Mero on whi the club salls. The dub aims to provide these facililias and Sgrvlcos at a low cost ond to some groups free of charge. Tho principle publlc bonefil is heallhy rgatiOn.
Shropshlrn Salling Club Trustee¥ Annual Report for thg ygar gndgd 31 Odobor 2025 PrSnc(pal actlvltlos and achlgv8m•nts This has been ar1her successful year for the club with a wide range of on and off water 8Ctiv¢ties tsking place. Thè club eontlnues to supw)rt lsure s811ing on a We(Inesday evenlng and ovor the wggKend$ along wlh racing taking place on ffl05t Sundays with 12 and 16 race series Ong with some sland alone day $8ri8s ra¢es. Thè number of people racing has continued to increase during thg ygar wth a noti¢gable incroaso of some of the younger members ra¢ing on a Sunday. Effort has b8en made to Include m¢xe of the membership In Club aclivilies this yttar so wo h8ve Introduced 'WOW' oMen on the Water). FamNy raclng and a '8UOYS' (Brush Up On Your Skills) sessions which have been well attended on Saturday rnomings. There have been a number of projects completed on shore this year. Work has been carried out lo improve the vehi¢ular entrance lo the ¢lub to improvè salety and the ability to park off the roa¢J with a trail8r when oper81ing the entrancè galè. Signifi¢ant improvements have b88n made to Ihe jetties this year wth a jetty being added and old jetty being reaCed along with some shoreline concrete hazards being removed. The club was given the opportunity to purchase anoth8r Kln$man keelboat from tha Nancy Oldfield Trust. This has really enhanced the keelboat section of the dub and has led to an increase in keelboat training courses and additional members who are specifically looking to sail larger boats In the cfub. The 2nd Kfnsman also enhances our sallabiftty opportunlues w(thln the club. The dub was honoured to host the 75th anniversary c818bratlons of the GP14 dlnghy dass in September. wlh the dub having been one of the first clubs lo race GP14's back in 1950. Tha ejub has signèd a rènèwèd 18888 agréèmènt this ya8r with th8 8lto'8 Landord 2nd a9r88d the terms for rent rtses in future years. The club has conlinu8d to provide RYA IrainiThJ to both adults ond youths via courses in dinghy and keelboat sailing as well as powerboat training. Memberships were again down thls year by approximately 10 with mainly a reduction in family m8mb8rshSp$. The downward trgnd has occurrad sSncg an abnomially hlgh mombarshlp post the covid pandemic. Th8 club plans to focus on ImprovSng Ihg membership numbgrs next y9ar with the help of members and the RYA. Futur• Plans Next year the dub Klan8 to bulkl on the su¢ce8slul new event8 such and WOW and BUOYS wlth a partSw18r focus on youth s8111ng to help encourage younger members lo continu8 their Sailing and training followffing sUSSfij1IY complettng RYA tralning courses. Thls year we h8Ve had som& slgnificant axpenditurg so we w1 looking n&xi year to bull(l up dub reservas for future prolacts
Shropshlre Salllng Club Truste8s Annual Report for Iho yoar •nd0d 31 October 2025 Flnon¢lal R•vlow, InStMnt Pollcy & ReseTve¥ The Chartty had an 0ra11 excess of expenditure over Income of £5.691 for the year121Y24.' excess of income ovw exp8ndllum £8.257}. At thè 8nd of the year the charity had unrestrl¢t&d ras8tvos of £322.413 12024.. £328.1041. Fixed assgts r8presèntèd £275,039 of the reserves held. The trustee8 are satisfied wllh thg rg$ulls of tho year and look forward to the conllnulng 8U¢Co88 of tho dub. Thg r6serv8s of the club are consJered to b6 8dequate to ensuig tho ongoing actiwly of the statsment of tfU8teès responslbllltle Company law ruIreS that tho dlia¢tots prepar& financial slalements for each fmancial ygar to give a true and falr vlw of th8 slate of affairs of the charltable company as at the balance sheet dale, of its incoming re50urce$ and appllcatksn of those resources, including in¢J)mg and expendituie, for tho y8ar. In prèp8rSng those statements, the board ha8 8ele¢ted SLiltabl8 accounlino wllclos and appllod them consistenly, made ludgemènls and estlmates that are r&ason8blo and prudant and prepar&J the financial statements on a golng ry)noern basls. The trustees acknovAedge responsibility for malntaining proper accounting reo)Tds whh disclose with rg8sonabl8 accuracy al any lime the finan¢lal positlon of the eharftable compar¢y and gnable them to ensure that financial 3talemenls Cunply wth th& Companies Act 2006. They have also saleguarded the assets of the charitable company and taken reasonable steps to prevonl and detect fraud or othèr irregularilios. Membfrrs ofthe board Mgmbers of th8 board. directors for the purpose of company law 8nd trusl88s for the purpose of charity law, who $oNetl durfng tho year ore set out on page 1. Members of the Charitable company guarantee to contribute 8n amount not ex¢e8ding £10 10 the assets of the company In the event of ndIng up. The number of such guarantees at 31 Octobgr 2025 was 512024." 61 Th1$ r•port was approv•d by th• Trustffis and slgnod on It$ b•half by: MI C C Trump Dale- 30- g-2é
IndBpondent Examln•fs ROrt to tho tn1818 01 8hrop5hlro Salllng Club I report to the Irusts8s on my &yamlnatim of the accounts of the choritable panY for the year efidod 31 October 2025. whlch are Set ¢xrt th) pages 6 to 12. Rè$ptsnslbllStlo8 and ba$ls of rnport As the charftys tw$tees ol the CoMpY land al80 ts (1Cto for th8 purpos8s of ¢ompany wI you are responsible for thè preparabon of the acwjnts In 0rdnce Iwth th8 requlr8menls of thE Companies Act 2006 Clhe 21K)6 ACVI. Hawng satisfied myself that the accounts tsl the Company ar8 not requ1 to be audited undor Part 16 of Ihe 2006 Act and are &ble for Indgpendeni axamlnatlw. I wewrt In respect of my examinHWon of your charltys accounts a$ cathed out under $8cllon 145 of tho Charsl88 Act 2011 1'th6 2011 Act'l. In carrying out my 8xAmlnaYon I have foMow8d tha DIr8¢U0 glven by th8 Charty Commlsslon undor 58ctlon 14451 Ibl of th8 2071 A¢1. Ind¢pondont oxamlnorf8 8latem8nt I havo Gompleted rny ex8mlnallon. I rA)nffmi that no matters have come to my attenthon In conn8drm wlth the exarnination giing m8 cause to belleve.. 1. accounung ¢0[d& rK)t kèpt ITh re5clOf the Company as requlrJ by sectron 386 of the 20C6 Act: 2. the accounts do not accord th those re¢ords: or 3. th8 wunts do not comply %lth t1 accoyntiffj reqiirements of 396 of the 2006 Act other than any requIremt that the account8 glve a 'true and falr waw vthlch 18 mt a motter conshlered as part of an Indepdt aX8minatlon.' or 4. Ihe accounts have not been prepared In accudance 1h the mfrthr¥Js and [ndp18$ ol the Slaternenl of Racommended Pra¢Uo for accounting and retthlng by ch8ri'88 lapplkablo to ¢hariles preparing Ihdr junls In accordance vlth the FIna[q Repothg stsndard appllcable In th8 UK and Republ1¢ of Ireland IFRS 12)]. I have no con¢em5 and hav8 come rO$S no olher m8tt8r8 In connection wlth th8 MInatIOn to which attentth shjId be dra%4n In thb report In order to enable a proper ur¥Jerst8ndlng of the accwnts to be rech8d. Slgned.. K R Sast FCCA BK Plus Umlted A(Sventure Place. Hanlay Strl(e on Trent STI 3AF
Shropshlre Salllng Club Stat•m¢nt of Flnanclal A¢tMlle¥ IlnGludlng Ineom• & ExPdIr• Account) for tho y•ar•nd•d 31 October 2025 2025 2024 Total Funds Funds Fund8 Fun In¢ome 260 4.0 ants rthvab10 In¢(me from charlt8bl8 actiwl88 48,544 52.934 Actiwl88 for g8n8raling fu$ 3,912 3.912 2.331 Investment Income and irtsrejt 538 536 521 Olhgr I[eMing r88ource$ Total In¢om• 53,252 EKpondllure C¢>sts of generalln0 fund• 3,615 3,015 2,449 Exp8ndlre on charitabl8 8cllvrfies.' Salllng actlvlty runnlng costs Premises Ntsnlng costs Olh8rco8ts 28,119 18.386 8.823 28,119 18,386 8,823 27,740 15,998 5,3 10 Totsl exp•ndSturn 58,943 N•t Income 15,6911 15,6911 8.257 (>0$$ tr8nsfer8 b&lw8en thJrKIs 16 Not mov¢m¢nt In fvh 15.691) 15,6911 8,257 R8conclllatlon of Funds Totsl funds at 1 NoverTrber 2024 328.1Q4 328,104 319,847 knds at 31 October 2025 322.413 322413 328,104 Th8 Sta18mentof finartk4 actle$ sldes 11 galns and108898 recogni58d in the year. The incorniry resouKY$ Ond resiAJr¢es eXF4nd8d derwe from tinUIng opern$. None 01lh0 tharttabl8 compaThls 8Ctwhle5 w8 acquired or ¢Jl*)nthued durfng tha above finwdal rn. Th8 noie5 On pages 8 to 12 lom w¢oflhgse ¥count
Shropshlr• Salllng Club Balanco sheet as at 31 October 202$ 2025 2024 Fled assets for u8e bythe ¢harlty TangltAe 8SS8ts 12 275,039 281.713 Current autts Stwk Debti)rs Ca$h at bank and In h8nd 305 12,018 42,808 55,131 13 49,326 Cr¢dllors'. amounts falllng duo wbthln Jwr 14 7,757 5,618 47,374 46,391 322,413 Th• funds ofth• ¢harlty: Restricted lunds Unrestllcted fuTras Tof81 ch8ty lunds 18 322.413 322.413 328,104 328,104 For thtr fh8fTdal year ended 31 October 2025 the oJrnpany w88 enUO8d to exempfjon ffi)tn audlt under 5edon 477 Ccrnpanies Act 2006. No member of the company hos deposit8d a notice. pUUant to sectbn 476, re(wlAng an a411 ofth858 finan¢Jal 5tat8m8nts underthe reqements of th8 Companie5 Act 2006. The directors a¢know18dg8 Ihek respDn5ibililies for ensuring thal the cornpdfiy keèps 8ccountiThJ fecord$ %vhich comply wllh stiction 386 of the Act and lor prepartng financid staternents whh gi¥8 8 true and falr ew of the stslB of affairs of the company a$ at th8 end ef the financlal perfod and of tts profit or Ios5 for the financlal period in 8CCOTdance with th8 r8quirem8n15 of 5ection$ 394 and 395 and whlch olherwise ¢omF4y th tho reQuIraTrts olth8 Cornpanies A¢t2006 r8Lqting to aLxxJurts. so tsra$ applicablo to Ihe Gompany. The$0 finand81 stat8m8rts hBve bew rAep8rad In accor¢¢ tkn the pro810n8 8PF4Kable to MpaTh subJ8¢t tothe sm¥ companles reglme and In aCrdanCe I1h FRS 102 Seclon 1A- Small entile5. n(jaI statement8 were 8Fvoved ond wlhor*8d for185U8 by the dlrectors and on their bohalf by. C C Trump 30-G-2 ¢ompany Reglstratltsn No. Q70733n
Shropshire Salllng Club Notes to the Flnanelal Statsmonts for tho year •nd•d 31 Octob•r 2025 Acc¢wntthg pollclotr Accounllng convonllon The aceoun18 Ifinonda 81atemenlsl have been prepared unlef the historicol cost conventlon wilh ilerns recognisod al cost or Iransa¢tion value tsnkns olheTh%ise stated in Ihtr relevant notelsl to these accounts. The flnancial ststem8nts have been prepared Sn accordance I1h Iha Statement of Recommend8d Pro¢tiC8.' AccounUThJ and Rgportlng by CharlUe& preparirva tt)eir coL In actordance ih? Ftnancial Repofting standard aPiCall In the UK aThJ Repu1¢ of Irdand IFRS 1021 issu8d on 16 July 2014 and the Cornpanies Act 2006. The trust constitutos a pblIC befit enutyas d8ffined by FRS 102. Volunlary in¢ome L8 received by way of donaWon$ and grfts and Is indUdl In fthl Irs thB Ststwngnt of FSnandal Advltbs wh8n Te¢efv8b18. Thovthe of 88ths provk1ad by vduntsers has r¥Jt been Included. Grant$, Indlg grants for Ihe Wh&S? ol fixed assats, are r8C4)gnlsad kn lull In the Statement of Fknanclal Activities In the ar in whKh they are fecebvabla. InrnIJ re$ouice$ frorn investments sre intJdl when rrtdVab. SubscriW. and f088 are reeogni88d in full in Ihe Slatefflent of FlnanGk41 A¢tfvlU88 in ihg year In which they are rec4vablo. Resour¢8s 8XP8nded 8r8 f8cogniséd in the period in byhich Ih8y arè Incurred. Resource$ 8xpand8d are albcat8d diredyto the pthjlar actiwty to whlch tw r81&te. FIXed8t$ •ndd8proclUon AII PUfch888s of a capkal nature captsll88d at eitsL DeClat is [vIded al Tates caloJl8t8d to wrlt¢ off lh8 eost of each laNJlbie fLx8d asset r expected L58&fv1 lif8 as frlows.. LanLI and buildings Fixturgs and lttirys oats and equlpment 6trai9ht l¥ne over So years $tr#ight15n8 OV8F 8 Itars straight Ilne ov8r 5 to 10 aS Unm8trtctedlund$ Unr8slricted funds are donations and olher In¢Thming resour¢86 rec8wabJe { gw8rated for Ihe r¥8cts of the charity thout furiher specled purtx>se and are a¥aable as genBral ltsnds. D8slgn•tsd lunds De5ignat8d fuTrJs are urwe8trict8d fund6 earmarked byt management ojmmitlee for porticular pu0&¥s. R•strtctedfvnds R881ricted fuTh1$ &T8 io bè used for spscifiod rxJrpo8es as leAd down bythe donor. Expenditur knknlch rngets thes8 rit•Aa kq charggÉ1 to fund.
Shropshlr• Salllng Club Notes to thg Financial Statem•nts lorth• y•ar •nd•d 31 October 21125 Ilnrastrl¢I R•8trlct•d 25 a024 Co-op n¢yninated Chthty Sth8ma Svndry donations Oonation to fund boat purcha¥e Barts 8Bsh. Donat$ to RNLI Kinsrnan Keelboatdon8ted a8881 frorn Ruuand Salling Club 170 3.SOO 4,050 260 3 Gr•nls r•Ml¥abl• UnrostFl¢t•d R•slrf¢ied 2025 21>24 No grants were r8C8ived Ihisye8r 4 A¢tlvltl88 forgenoratlng fund• UnreBtrl¢tsd R•strlcted 2025 2024 Fundralslng event8 Sales of m8rchandi88 2.695 1,217 2.895 1,217 2,168 163 3.912 2,331 5 Inv•$tm•nt In¢¢)rne Unr•str5Gt•d R•strl¢tsd 2025 UK In19rn8t r8caived 536 536 521 538 521 6 IncOnn9 TO5•$ Irom charltoble aGtSvlti Unr•8trkcted R8strlGt•d 2025 2024 Sub8CriPtK)n$ Borth fees Training fee5 and cours8$ Group Booking-'on boarding events. Sundry 8a188 and thr Int70 Protit trom sae of asset5 26.716 8.037 8,967 3,454 120 1,250 26.716 8,037 8,967 3.454 120 1,250 31,027 7,554 10,908 2,145 The charit8 company ts exemplfrom corpcwthn tax on ts ¢harW)19 8Ctivitt8S.
Shropshlrn Salllng Club Not98 to the Flnanclal Stat•mènts for th• yr •nd8d 31 Octobor 2025 I C08ts 01g•n•ratlng fund6 Uftrètstrletsd R•8trletsd 2026 2024 Fundraisng 8V8nts Goods for r9$alg 2.398 1.217 2,398 1,217 2,363 86 3.615 2.449 9 Sallln9 a¢tlvlty wnnlng ¢08ts Unrvth¢t•d R•strfet•d 2025 RYA Subs¢ript¢on Postage and statIery Insurar Fu81 and lubricants Chandlery Sailing equiprnant repair5 Motor $8Mdno Prlze8 Whitemere rent Training provists)n costs Sundry Depreo&ts' 809 771 10,457 10,457 8,820 62S 668 109 2,942 540 2,942 540 725 6.276 1.127 725 6,276 1.127 738 7.365 1,$51 114 3,813 3,813 28.119 28,119 10 Preml808 runnSng costs UnT•Btrlctsd Ro8trfctsd 2025 2024 R8t88 El8ctrlclty Sept¢ tsnk r8ftm dl8posal Repairs Watsrfronl and grounds malntenance Cleaning T818pFK& Depracth3 332 1,420 2,262 1,194 2,850 1.804 313 5,071 408 0,417 1,194 2,850 313 5.071 4,619 452 6.417 6,417 18,386 18,386 15.998 11 Otherr05ts Unr05trfct8d Re¢tod 2025 2024 Sofhwe Llcence Health and safety Advertising Travdli Independent examiners f88 Charitsble donation Bank ¢*arges Leg F88- Whilernero Lic8rKe PAJndry 2,360 2.360 1.954 131 421 421 906 771 380 663 3,430 899 3,430 8,823 8.823 5,392 10
Shropshlr• SaSllng Club Not•s to the Flnancial Statomonts for thg ar ended 31 Octobèr 2025 12 TangFblg Ilx•d4u•ts Club Hou8• Flxtvr8s, flttlngs and equipment Boats & Land artd Salllng bulldlngB Equlpm¥nt Total Al 1 Novefflber2024 Additsons DIsp08818 271,820 877 94,449 2,250 3,659 429 369,928 3.556 At 31 October 202S 272,897 373,484 Daprecla¢lon At 1 November 2024 Charge forthe year tmsposals 23.950 5,737 62,511 3,813 1.754 680 88,215 10,230 At 31 Ocl(&er 2025 29.687 2,434 98,445 Not bok)k valu• At 31 October 2025 243.010 30.375 1.654 275 039 At 1 November2024 247 870 31,938 1,W5 281.713 13 Debtors 2025 2024 Trade d8bior8 Prepayments Oth8rd8btor8 11.e68 2,283 12.Q18 2,683 14 Credllw: •mtsunts falllnq duo wlthln <>no 202$ 2024 Olh8rcr8(Mtors and accNals 7,T57 5.618 5,618 The currgnt land lease annual charge 15 currently being negotlat&1. An ac¢rual has b88n indud8d In tho aOunts based on th8 current informalon that Is available. Gonoral R88trfctsd funds lunds Tgtal tund8 15 Analys1¥ of not a589¢8 IW1• fvnd8 Fund balances a5 8131 Octc&er2025 are repre8ented ty. Tanglble fixed assèts urrent assets Curtent IlabS1iles 275,039 55,131 (7.7571 275.039 55.131 17.7571 Totsl net 888ot¥ 3Z2.413 322413
Shropshlre Salllng Club Not•s to tho Flnanclal Stat•ments lor tho ygar ¢nd•d 31 octtsr 2025 At31 Odober 2025 November In¢omlng Outyolng 2024 r850ur¢M r•s•ure•B Transfers 16 Mo¥¢m¢nt• In funds Unr88trlctad funds.. Goneral fund Boat lund Buikjing Fund 282,565 21,580 23.959 53.252 158.9431 276,874 21.580 23.959 Tolol Unre8trlctod funds 328.11M 53 252 58.943 Restrlcted fund¥ '. Chartty donallon fund TO1 re5tr1¢t¢d fvnd• Tolal fund8 58.943 322,413 Tho unrastd¢ted 8o8t fijnd and Buldiw Fund bal8nco or8 amounts Ihat have been 8eparatety d85vJnated by lh8 committ 17 Flnancl•l ¢oMmltm•nt8 At 31 October 2025 Ihe Charity wa8 cornrnilted to maklro the fdlwng p8ym8nts under n0n-canc811a8 operating leas88- Land and bulldlng8 2025 2024 Operatkng leases.. Due wlhin one year BetW88n iwo fiv? year Due In morg than 5 yaars 7,616 30,464 1e7.552 6,000 24,000 139,500 205,632 169,500 The club has a long tomi rental b88e %*thlch do8S expir6 until 2048. 18 Capltal ¢•mmltm•n¢s At 31 Octckner 2025 the Chgrty had no capital commllmernts. 12