Registered Company Number: 07621461
Registered Charity Number: 1142761
Frensham Pond Sailability
Annual Report and Financial Statements for
the Year Ended 31 October 2023
Frensham Pond
SAI LABILITY

Frensham Pond Sailablllty
Annual Report and Flnancial Statements
for the Year ended 31 October 2023
Contents
Page No.
Report of the Trustees
Report of th¢ Ind¢Ftndent Examiner
Statement of Fin2neial Activities
Balance Sheet
10
Notes to the Accounts

Frensham Pond Sailability
Report of the Trustoes
for the Year ended 31 October 2023
The Iruslees, who are directors of the Company for the purposes of company law, ar¢ pleased to present
their report, together with t])e financial statements of the company for the period ended 3 1st Oetober
2023.
R¢fereD¢e 4niJ administrative details
Company No..
Charity Number..
07621461
1142761
Registered Office:
Frensham Pond Sailability
c/0 Frensham Pond Sailing Club, Pond Lane, Churt
Farnham, Surrey GU10 2QA
Independent ExaTniner'.
Stuart J Harris
SEEB YS Consultan¢y Limited
2 North Fryerne, Yateley, Hampshire, GU46 7ST
Bankers:
Lloyds TSB Bank plc.
25 Gresham Street
London EC2V 7HN
CAF Bank Ltd
25 Kings Hill Avenu¢, King5 Hill
Wcst Malling, K¢nt MEI 9 4JQ
United Trust Limited
One Ropemaker Street
London EC2Y 9A W
Lawyers:
Moore Barlow LLP.
The Oriel, Sydenham Road
Guildford, Surrey GUI 3SR
Directors and Trllst¢¢s
The directors of the Charitable Company (the Charity) are its trustees for the purpose of Charity Law and
throughout this report are collectively referred lo as the trnStees'.
The Trustees Serving throughout the period {except as noted) and were as follows..
Mr R.A. Anstey (Appointed 18 April 2023)
Mr l.D. Barrett (Appointed 18 April 2023)
Mrs C.E. Cook
Mr C.S. Crowth¢r
Mr P.J. Knight5
Mr G.A. Ma¢hen
Mr P.A. Mutton (Appointed on 18 March 2023)
Mr P.J. Schroed¢r
Mr5 A.L.J. Skirrow
Ms M Pascoe (Resigned 18 April 2023)

Frensham Pond Sallabllity
Report of the Trustees for the Year
ended 31 October 2023
Strlleture, Governance And Management
The Limited Company was Inco￿orated on 4 May 2011 and was dormant until 6 July 2011 when FrenshAm
Pond Sailability {FPS) was entered on the Register of Charities. These accounts cover the accounting period
from 151 November 2022 to 31. October 2023.
Governin
Document
The company is limited by Guarantee and is gtsvemed by its Memorandum and Articles of Assoeiation dated
2 Isl April 2011. It is a registered charity (No.1142761). The sole Full Member is Frensham Pond Sailing
Club IFPSC) a5 repr¢scnted by FPSC'S General Committee ("GC"}.
ointment tsf Trust¢e
The appointment of Trustees is undertaken by th¢ sole Full Member. In addition, every year one third of th¢
trnstees must retire from office but are elibFible for reappointment. At the GC meeting of 18th April 2023, the
GC approved the re-election of George A. Machen and the ¢l¢ction of Ivor D. BaTr¢tt and Philip A. Mutton
as new trustees. Additionally, Megan Pascoe was replaced by Robert A. Anstey in his capacity as FPSC
Commodore. The new appointments were accepted by the C()mpanies House and Charity Commission during
May 2023.
anisation
Administration of the affairs of the Charity is c￿Tied outby the Sailability Management Conimittee ("SMC'),
which meets r¢gularly throughout the year and is attended by the majority of the Trustees and other invitees
a5 requircd. Trusiees are always In ihe tnajoriry on the Conllnitt¢¢. In addition. the'l rllst¢¢s rn￿t as required
and at least once a yeai.
Risk Mana
ement
The Charity's management ¢ommittee has asse55ed the major risks to which the Charity is exposed, in
particular those relat¢d to the operations and fit]ance5 of the Charity and 15 SatisfE¢d that the systems are in
place to mitigate our exposure to the major risk5.
Ob-e¢tives and Activities
Frensham Pond Sailability C'FPS" or the 'Charity"l is a r¢gi5tered chariry whose objects are the provision
and maintenance of sailing facilities and the promotion of sailing for recreatÈon or other leisure activities
{including without limitation recreational and competitive sailing) for disabled people with the object of
improving their quality and conditions of life. Membership is open to adults and youngsters and a free taster
visit is offered on the initial visit.
Financed largely by charitable donations, the Charity operates a sailing fleet of 32 boats at Frensham Pond,
from the premises of Frensliam Pond Sailing Club, which is the sole Full Member of Fiensham Pond
Sailability. Prior to the establishment of the cotnpany and registered charity, Sailability wa5 established in
S¢pt¢mb¢r 2001 as a division of Frensham Pond Sailing Club.
The Charity's actLVities are facilitated entiff ly by volunteer helpers including a team of RYA qualified
instrllctors who are available to a5SiSt with training and development of all levels of sailor. from novi¢¢ lo
Paralympic racing standard.

Frensham Pond Sallability
Report of the Trustees for the Year
ended 31 October 2023
Achievements and Performance
en¢ral Overview
Frensham Pond Sailability managed a full sailing season in 2023. with attenda￿e at record leve15 and
w¢ll in line with pre-COVID levels. 2023 Season highlights are the following..
Pupils from the Undershaw. the Abbey and the Ridgeway schools participated in the summer
term and Undershaw returned also for th¢ first half of the Autumn term. Addition&lly,
Woodlarks Camp r¢tumcd to Sailability after a gap of four years. The Shooting Star Cliildren's
Hospice had a session in the summer for the first time and Pathways Education attended taster
sessions towards the end of the
Sailor memberships were at record levels with a total of 136 members, 41 new and 95 returning.
An overall total of 2098 sailing sessions was recorded (vs 1929 in 2022 and 2184 in 2019), with
record number of race training sessions (376 vs 358 in 2019).
During the year the Charity was supported by 98 active volunteers (v$ 80 in 2022}. The Charity
ran a comprehensive traii)ing programme during the year, including Pre-season training, First
Aid, Hoisting, Buddying and Disability Awareness. Praeti¢ally all volunteers havc up to date
DBS certification.
The Charity hosted sailing events at the Club and sailing suecesses were achieved both on site
e.g. the Wislcy Foundation Youth Endeavour Cup. the Richard Smallwood tTophy, the l O hour
race, the Frensham Hansa rr race- and away - e.g. the Hansa Worlds in Portimao, Portugal.
thc Hansa Nationa15 in UK and th¢ Ha115a Natiojials sii Ili¥ N¥ihcrl&nd¥. Fren5haJn Pond
Sailability retained the Ben Ainslie Trophy for th¢ most successful Hansa team for the 161h
cons¢¢ulive year. A Sailing Bvenl Coordinator Wds recruited this year.
Three remarkable awards, the FarnhaTn Sports Awards. the Sport Haslemere Disability Award
2023 and the Farnham Lions Endeavour Trophy, were awarded to FPS members.
The fleet turnaround plans ¢onlinues this year with five boats added to the fleet, two Hansa 2.3w
and three Hansa 303, Ihallks to our donors, generosity. and two old boats were sold.
Financial Review
Frensham Pond Sailability remains finan¢Éally secure. Our regular donors continued to support us for
which we are grateful. and w¢ maintained costs under control notwithstanding the reopening of all
activities and new initiatives such as three Scott Bader trip on the Solent in August 2023. We continue
to invest in our assets and infrastructure and manage reserves for the new Activity C¢nlre buildingj
wliich Ten￿5n5 subject to the Club's lea.%e reiiewHI.
Poli¢
on Cash Reserves
Our policy on R¢serves remains the same, with our aim for an equivalent of between one and one and a
half year's expcnditure in a normal year to be held as Casli Reserves. Our Cash Reserv¢s amounted to
£182,614 given by the exceptional nature of the bequest received in 2021 and the pending approval for
the new Activity Centre from FPSC.

Frensham Pond Sailablllty
Report of the Trustees for the Year
ended 31 October 2023
Plans for the Future
The priority areas identified for 2023124 atr as follows..
The main priority for 2024 will be to build onthe su¢¢esses of 2023 optimising schtsols, participation
and potentially increase the numb¢r of group sessions and visits from l(Kal special schools, subject
to volunteers availability.
Priority will also be given to promote away events for sailors (Hansa rfs and Hansa European
champitsnshipsl, and special day evcnts such as the RoRo- Scott Bader day trips on the SolenL
Volunteer training will continue to be in focus, to ensure operational and safety skill levels are
maintained.
Focus on the new Fr¢nsham Pond Sailability Activity Centr¢ and related fundraising will resume
once the Clllb's lease renewal and ov¢rall developrnent plans are finalised.

Frensham Pond Sailabllity
Report of the Trustees for the Year
ended 31 October 2023
Tru5tees' responsibilities in relation to the financial statements
The charity tr￿tee$ are responsible for preyaring a trustees. annual report and financial statements in
accordance with applicable law and Unit¢d Kingdom Accounting Standards (United Kingdom Gcnerally
Accepted Accounting Practice).
Th¢ law applicable to Charities in England and Wales requires the charity trustees to prepare financial
statements for each year which giv¢ a true and fair view of th¢ slate of affairs of th¢ ¢harity and of the
incoming resources and application of resources, of the charity for that period. In preparing ihe financial
slaleTnents, the trustees are required to..
select suitable accounting policies and then apply them eonsistently.
observe the methods and principles in the applicable Charities SORP.
make judgements and estimates tlial are reasonable and prudent-
state wheth¢r appli¢able accounting standards have been followed. subject to any material
departures that must be disclosed and explained in the finan¢ial statements.
prepare the financial statem¢nls on the going concern basis unless it is inappropriate to presume
that the charity will ¢ontinue in business.
The trustees are responsible for k¢¢ping proper accounting records that disclose with reasonable
accuracy at any time the finan¢ial position of the charity and to enable them lo ensure that the financial
statements Comply with the Charities Act 2011, the applicable Charitie5 (Accounts and Reports)
Regulations. and the provisions of the Trust deed. They are also responsible for safeguarding the assets
of the charity and taking reasonable ￿epS for th¢ prevention and detection of fraud and other
irre8ulariti¢s.
The trustees are responsible for the maintenance and integrity of the charity and financial information
included on the charity's websit¢ in accordance with legislation in the Unil¢d Kingdom governing th¢
preparation and dissemination of financial statem¢nt5.
Approved by the trustees on
7 July
2024 and signed on their behalf by..

Frensham Pond Sallablllty
Report of the Independent Examiner to the Trustees
For the Year ended 31 October 2023
I report on the accounts of the Charity for the period ended 31 October 2023 which are set out on pages
9t0 17.
Respective responsibilities of trllstees and examiner
The trustees (who arc also the directors of the company for the purposes of Company law) are
responsible for the preparation of the aeeounts. The Charity'5 trustees consider that an audit is not
required for this yegr under Section 144 of the Charities Act 2011 (the Charities Act) and that an
independent examination is needed.
It is my responsibility lo..
examine the a¢¢ounts under section 145 of the Charities Act.
to follow the pro¢edures laid down in the general Directions given by the Charity Commission
under sectÉon 145(5){b) of the Charities Act,. and
to state wh¢ih¢r particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also includes consideration of any unusual
items or disclosures in the accounts, and seeking explanations from the trustees concerning any such
matters. The pr(Kedures undertaken do not provide all the evidence that would ￿ required in an audit,
and consequently no opinkon 15 given as to whcther the aceounts present a 'lrue and fair, view and the
report is limited to those matters set out in the Statement below.
Independent exatniner's statement
In connection with my examination, no material matters have come to my attention which gives me
cause lo believe that, in any material respect..
accounting records were not kept in a¢¢ordance with section 386 of the Cotnpanies Act 2006. or
the accounts do not accord with such records; or
the accounts do not comply with rel¢vanl accounting requirements under section 396 of the
Companies Aet 2006 other than any requirement that the accounts give a 'tn* 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 Charities SORP (FRS102)
I have no Conce￿ and have come across no other matters in connection with the exaTnination lo which
attention should be drawn in this report in order to enable a proper understanding of the accounts to i
reached.
Signed..
Dale..
/oG/L
Stuart Harris
Seebys Consultancy Ltd
2 Nortl) Fryeme
Yateleyj Hampshire
GU46 7

Frensham Pond Sallablllty
statement of Flnanclal Activities
for the Year ended 31 October 2023
UnrestrS¢ted
Funds
Restricted
Income FuNd5
Totgl Funds
Re5tAted
Prlor Year
Funds
Notes
Income from:
Donations and legacies
Charitable activiti¢s
Other trading a¢tivilies
Investment5
38,668
7,674
1,549
617
2,000
37,820
76,488
7,674
1,549
617
94,460
8,089
1,999
28
Other
2,000
2,100
Total
50,507
37,820
88J27
106,675
Expenditure OTh:
Raisit)8 funds
Charitabl¢ activities
816
816
l J47
19.393
14,102
25,478
14,262
226
25,704
18.839
Other
4,577
Totsl
40055
4003
45J58
34042
Net incomel{expenditure) before
Investment gainsl{105ses)
9.952
33,017
42,969
71,833
Net 8ains/llosses) on investments
14et Intomel(¢xp¢ndkture)
9,952
33,017
42.969
71,833
Extraordinary items
Transfers between funds
4,836
{4,8361
Net Movement in Funds
14.787
28,182
42,969
71.833
Recon¢lllatlon of Fumds
Total funds brought forward
Total funds cArried forward
191,542
206P29
206,658
249,627
43,298
The statement of financial activities in¢ludes all gains and losses recognised in the year. All income and
expenditure derive from continuing activities.

Frensham Pond Sailablllty
Balance Sheet
As of 31 October 2023
Unrestricted
Funds
Restrl¢ted
Income Funds
Total Funds
RestAted
Prior Year
Funds
Notes
Fixed #55ets
Intangible assets
Tangible assets
Investments
56,125
10.888
67,013
55,295
TntlllJLYedrtssets
rr
t g$$ets
Sto¢k$
D¢blors
Investments
Cash at bank and in hand
56.125
10.888
67,013
55,295
322
8,238
150.204
32,410
182,614
142,803
To¢ul etsrrent assets
150,204
32,410
182,614
151,363
Credltor$: amounts falling due
withtn on¢ year
Nel current a&sets/(Ilabllltiu)
150204
32,410
182,614
151,363
rolrtl assets less currevlllabllllles
206,329
43298
249,627
206.658
Creditors- aiiiouiits fallijig du¢
after more than one y¢ar
Total net assets or 119bllltles
206,329
43,298
249,627
206.658
Fund5 of the ChAri
Restricted irtcome fund5
Unrcstricted funds
43,298
43,298
206,329
15,117
191,542
206,329
Total funds
206029
43.298
249,627
206,6.f 8
The company was entitled to ¢x¢mption from audit under $477 of the Companies Act 2006 relating to
small companies. No members have required th¢ company to obtain an audit of its accounts for the year
in question in accordance with section 476 of tlie Companies Act 2006. The dIre￿OrS acknowledge their
responsibility for complying with the requireinent5 of the Companies Act with respect to accounting
records and for the preparation of accounts. These accounts have been prepared in accordance with the
provisions applicable lo the small companies regime and in accordance with FRS102 SORP.
SiErted by two tsustLYsld•reL*ots on tdmlf of
the trus1¢£￿dIE￿¢iO1s
Éni Nam¢
natr nf a
ddlmnvyyyy
0710712024
.S.Ci&wfrf6
0710712024
10

Frensham Pond Sallability
Notes to the Flnancial Statements
For the Year ended 31 October 2023
The al¢L7Chedn￿¢￿foYmP￿YI ofihefinuncialslalemeKIs
11

Frensham Pond Sailability
Notes to the Flnancial Statements
For the Year ènded 31 October 2023
BASIS OF PREPARATION
B85ts of aeeounting
The a¢counts have been prepared under the historical ¢ost convention with items re¢ognised at cost or
transaction value unless otherwise stated in the rel¢vant note5 to these ac¢ounts. The accounts have been
pr¢p8red in accordance with the Statement of Recommended Practice 'Accounting and reporting by
Charities" prepatin8 their accounts in accord￿te with the Finan¢ial Reporting Standard applicabl¢ in th¢
UK and Republi¢ of Ireland IFRS 1021 issued in July 2014 and with the Charities Act 2011. The charity
constitutes a public benefit entity as defjned by FRS 102.
ACCOUNTING POLICIES
Income
RtcogTLition of Income
Income i5 included in th¢ Statement of Financial Activities ISOPA) when:
The charity becomes entitled to the r￿our¢Cs.
It is more likely than not that the trustees will receive the resources.
The monetary value can be measured with sutTicient reliability
Grants
Grants are credited to iThcome in th¢ year itt which they are re¢¢ived.
Volunteer5 And donat¢d service5
The value of services provided by volunt¢ers is not incorporated into these financial statements. D¢tails of
the Colltribution made by volunte¢r5 can be fO￿rtd in the trustces, annual report.
Where serviccs are provided to the charity as a donation that would normally b¢ purchased from suppliers.
this contribution is included in the financial sl#tement5 2t an estimate based on the valu¢ of the Contribution
to the charity, unless the Amounts are insignificant.
Expenditure
Recognitlon of Expenditure
Liabilities are reco8ll15ed wher¢ it is more likely than not that there is a legal or Constructive obligation
committing the charity to pay out resourc¢s and the an)oullt of the obligation can be measured with
reasonable certainty.
Resources ¢xpended are in¢luded in the Statement of Financial A¢tivities on an ￿eru￿]5 basis inclusive of
any VA T, whEch cannot be recovered.
Charitable activities include expenditure associated with the operation of the boats and equipment and
include both the direct costs and support costs relating ¢0 those activities.
Governance cosis include ihose incurred in the governance of the charity and its assets and are primarily
associated with constitutional and statutory requirements.
2,3 Assets
Tangible Fixed Assets
Fixed assets aTe capitalised if they can be us¢d for more than one year and cost at leasi £500. They are
valued at C05t or donated value.
12

Frensham Pond Sailablllty
Notes to the Financlal Statements
For the Year ended 31 October 2023
Depreelotlon
Depreciation is provided at the following annual rates in order to write off each &85tt over its estimated
useful life.
Land and Buildings
Boats & Boat Equipment
Fixture5. Fittings and Offi¢¢ Equipment
Over 10 years, stroight line basis.
Over 6 years, straight line basis.
Over 4 years. stTaight line basis.
Stocks
Stocks held for sale are valued at the lower of cost and net realisable value, after adding due allowanc¢ for
ob501ete aiid slow moving item$. Our stock levels r¢nJain¢d at zeTO duTin8 the current financial y¢ar.
13

Frensham Pond Sallability
Notes to the Financlal Statements
For the Year endad 31 October 2023
3. INCOME
Uthre5tricted
Funds
Restricted YeAr Total
Funds
Funds
Restated Prior
Y¢ar Furtds
Sol Dottations and legAcles
Donations re¢eived
Charity Donations received
Gift aid tax income
Grants received
Bequests and lega¢ies
Qifts in kind
16,248
17,100
26.820
11.000
43,068
28,100
20,935
214
2.000
52.200
5J20
5,320
Total
38,668
37,820
76.488
94,460
S02 Ch4rltable aetivities
Individual Membership Subs
Group Membership Subs
Income from Sailing Events
Summer BBQ Tickets
Sale of Misc Equipm¢nt
Other Social Events income
5,130
1,191
5,130
4,614
696
410
1,576
144
1,209
1.209
793
Total
7.674
7,674
8,089
SOI + S02 Totil
46042
37820
84,162
102,549
S03 Other tradlng aetlvltie5
Fundraising Events income
Clothit)g for Re-sale
Stock Sales
Stock Cost of Sales
Other Trading A¢tivitie5
Proceeds from Other Sales
,010
514
1,010
514
230
1,701
68
25
25
Total
lJ49
lJ49
1.999
S04 Investments
Interest received
617
617
28
Total
617
617
18
S06 Other
GainlLoss Sale of Fixed Assets
2.000
2.000
2.000
2,000
2,100
2,100
Total
Total InCo￿t
50,507
37,820
88J27
106,675
14

Frensham Pond Sallability
Notes to the Financial Statements
For the Year ended 31 October 2023
Unrestrlcted
Funds
Restricted
Funds
4. EXPENDITURE
Year Total Reststed Prior
Funds
Year Funds
S08 Ralslng fund$
Fundraising Social Events
Marketing Expenses
Membership of organisation5
413
373
30
413
373
30
408
30
Total
816
816
lJ47
S09 Charitable aetivities
FPSC Membership
Insurance Contribution
Boat Purchase associated ¢osts
Boat Equipment
Other Miscellaneous Equiprnent
Hoist Checks & Maintenance
Repairs by Professionals
Materials ¢tc for local repair
Maintenance Contra¢l$
Helper UK Trav¢1 Expenses
Helper Ov¢rseas Trav¢1 Expense
Other Sailing Expenses
Trophi¢s & Prizes
Sailor Bursaries / Sponsorship
FPSC Training Courses
Non FPSC Sailing Courses
Safety TTaining
Hosting Sailing Events
Summer BBQ
Other Social Events
Working Party Lunches
Miscellaneou5 Helper Expenses
Helper & Coffees
Branded Clothing for Resale
Youth Programme Miscellaneous
Membership Expenses
Other Sundries
8,238
2,330
28
1,007
517
998
557
8,238
2,330
254
1,007
517
998
557
7,542
2,007
140
255
705
226
79
210
.431
354
1,603
2,000
639
204
1,500
354
1,603
2,000
639
204
1.500
95
98
100
442
1.030
248
442
1,030
248
450
297
2,017
427
920
258
420
936
110
50
979
248
979
248
828
1.024
677
828
1,024
677
29
29
Total
25,478
216
25.704
19J93
Sll Other
AudiLlaccounting fees
Other professional fees
Bank Charge5
Depreciation Land & Buildings
Depreciation Fixtures & Fits.
Depreciation Boats
632
632
598
838
104
4,008
1,194
7,361
210
4.008
809
8.603
210
4,008
809
13,180
18,839
4,577
4.577
Totgl
14.262
14,103
Total Lxpenses
40.555
4.803
45,358
34,843
15

Frensham Pond Sailabillty
Notes to the Financlal Ststements
For the Year ended 31 October 2023
TANGIBLE FIXED ASSETS
Lgnd &
Building
Boats &
Boat Equip
Fixtures &
Flttlngs
TotAI
Cost
Op¢lling Balance at 0111112022
Revaluation Adjustment
Revised Opening Balan¢¢
2022123 Additions
59,103
189,330
22.248
270,681
59,103
2,700
189,330
26,783
11,886
204.228
22.248
232
270,681
29,715
11,886
288.511
2021123 Disposals
Closing Balance at 3 1 OCto￿r 2023
22,480
Aeeumulated depreciAti(bn
Opening Balance at 0111112022
Revaluation Adjustment
Revised Opening Balance
2022123 Disposa15
2022123 Depreciation
40.348
154,017
21,131
215.386
40,348
154.017
111.8861
13,180
21,131
215.386
(11.8861
17,997
4,008
809
221.498
Net Book Value
Opening Balance l November 2022
Llosing klalance 31 Uctt>ber 2023
18,755
17.447
35,313
48,916
1,227
050
55.295
67,013
CHARITY FUNDS
Purpose or
Fund
Type
Bal8nee
blforward
Ineome
Expend.
TrAnsfers
G91n$ &
Lo$$es
Bal. at
31110123
l. Purcha5¢ of
boats
2. Youth Sailor
programme
3.Facilities
Unrestricted
Improvements Designated
Restricted
13.880
37,820
(4,8031
14,836)
42.062
RestTlCted
1,237
1,237
100,000
100,000
4.Gettera]
Unrestricted
91.541
50,507
140,5551
4,836
106.329
Total Bslance
206,658
88J27
145J581
249.627
During the year the Charity received £37,820 destined to pur¢hase new boat5. Where restri¢ted futtds hav¢
be¢n used to purchase capitalised items, only the deprceiation charge is char8ed to the Stat¢m¢nt of
Financial A¢livities, although the remaining balance of those assets has already been spent.
16

Frensham Pond Sallability
Notes to the Financial Statements
For the Year ended 31 October 2023
TRANSACTIONS WITH TRUSTEES & RELATED PARTIES
Throughout the period the company wjs controlled by the tn]5tees. The trustees serve on a voluntary basis
nd receive no retnuneration. There were no paid einployees. During the period 8 payments totaling
£931.19 were reiTnbursed to three trustees for purchases made on behalf of the charity, and 12 payments
for £830.00 were received by six Èrustees for tickets to charitable events, ¢lothing or deposits on behalf of
¢harity m¢mbers.
The Charity has indemnity insurance in place to protect the Charity from loss resulting from defaults of its
trustees, volllnteers, agents, ai)d to indemnify the trustees or other officers against the ¢on5¢quence5 of any
negl¢¢t or default on their part tlirough the cov¢r provided for the same aspects by Fren5hatn Pond Sailing
Club. its 501e Full Memb¢r.
DuTSng the period the Charity paid m¢mbershsP subscriptions to its sole Full Member, Frensham Pond
Sailing Club, for use of its facilities of£8,238 and £2,330 for insuran¢¢. There were fiirther ad hoc payments
to thg Sailing Club for a totY41 of £3.026. primarily related to the use ofthr Glub'5 galley.
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