This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2020-12-31-accounts
|
Page |
| Trustees’ Annual Report |
1 |
| Independent Auditor’s Report to the Trustees ofAll-Aboard! |
|
| Water Sport and Water Recreational Activity (Bristol) |
6 |
| Statement of Financial Activities |
10 |
| Statement of Financial Position |
11 |
| Notes to the Financial Statements |
12 |
| The following pages do not form part of the financial statements |
|
| Detailed Statement of Financial Activities |
24 |
| Notes to the Detailed Statement of Financial Activities |
26 |
| Reference and administrative |
details |
details |
| Registered charity name |
All-Aboard! Water Sport and Water Recreational Activity (Bristol) |
|
| charity registration number |
1151374 |
|
| Principal office |
Baltic Wharf |
|
|
Cumberland Road |
|
|
Bristol |
|
|
BS1 6X0 |
|
| The trustees |
Mr T Stevenson |
|
|
Mr S Chapman |
|
|
Ms S Hannan |
|
|
Mr P Golding |
|
|
Mr M Pennock |
(Resigned 7 October 2020) |
|
Mr A Brooks |
(Resigned 31 March 2020) |
|
Ms J Fionda |
(Appointed 17 April 2020) |
|
Mr S Weeks |
(Appointed 20 February 2020) |
| Auditor |
Jay & Jay Partnership Limited |
|
|
Chartered Certified Accountants & statutory auditor |
|
|
2 Chesterfield Buildings |
|
|
Westbourne Place |
|
|
Clifton |
|
|
Bristol |
|
|
BSS 1 RU |
|
| Bankers |
Lloyds Bank |
|
|
25 Gresham Street |
|
|
London |
|
|
EC2V 7HN |
|
|
|
|
2020 |
|
2019 |
|
|
Unrestricted |
Restricted |
|
|
|
|
funds |
funds |
Total funds |
Total funds |
|
Note |
£ |
£ |
£ |
£ |
| Income and endowments |
|
|
|
|
|
| Donations and legacies |
4 |
109,392 |
10,080 |
119,472 |
27,958 |
| Charitable activities |
5 |
64,339 |
30,756 |
95,095 |
214,461 |
| Othertrading activities |
6 |
3,189 |
— |
3,189 |
9,887 |
| Other income |
7 |
(33) |
— |
(33) |
823 |
| Total income |
|
176,887 |
40,836 |
217,723 |
253,129 |
| Expenditure |
|
|
|
|
|
| Expenditure on raising funds: |
|
|
|
|
|
| Costs of other trading activities |
8 |
1,329 |
— |
1,329 |
4,846 |
| Expenditure on charitable activities |
9 |
177,353 |
34,380 |
211 ,733 |
312,791 |
| Total expenditure |
|
178,662 |
34,380 |
213,062 |
317,637 |
| Net income/(expenditure) |
|
(1,795) |
6,456 |
4,661 |
(64,508) |
| Transfers between funds |
|
6,306 |
(6,306) |
— |
|
| Net movement in funds |
|
4,511 |
150 |
4,661 |
(64,508) |
| Reconciliation of funds |
|
|
|
|
|
| Total funds broughtforward |
|
141,579 |
3,646 |
145,225 |
209,733 |
| Total funds carried forward |
|
146,090 |
3,796 |
149,886 |
145,225 |
Statementof Financial Position
31 December2020 |
|
|
|
|
|
2020 |
2019 |
|
Note |
£ |
£ |
| Fixedassets |
|
|
|
| Tangible fixed assets |
15 |
31,847 |
58,022 |
| Current assets |
|
|
|
Debtors
Cash at bank and in hand |
16 |
13,733
161,179 |
9,930
121,872 |
|
|
174,912 |
131,802 |
| Creditors: amounts falling duewithin oneyear |
18 |
56,873 |
44,599 |
| Netcurrent assets |
|
118,039 |
87,203 |
| Total assets less current liabilities |
|
149,886 |
145,225 |
| Netassets |
|
149,886 |
145,225 |
| Funds ofthecharity |
|
|
|
Restricted funds
Unrestricted funds |
|
3,798
146,090 |
3,646
141,579 |
| Total charityfunds |
21 |
149,886 |
145,225 |
| 4. |
Donations and legacies |
|
|
|
|
|
Unrestricted |
Restricted |
Total Funds |
|
|
Funds |
Funds |
2020 |
|
|
£ |
£ |
£ |
|
Donations |
|
|
|
|
Donations |
10,372 |
2,589 |
12,961 |
|
Grants |
|
|
|
|
Grants |
49,541 |
7,491 |
57,032 |
|
Government grant income |
49,479 |
— |
49,479 |
|
|
109,392 |
10,080 |
119,472 |
|
|
Unrestricted |
Restricted |
Total Funds |
|
|
Funds |
Funds |
2019 |
|
|
£ |
£ |
£ |
|
Donations |
|
|
|
|
Donations |
12,579 |
4,029 |
16,608 |
|
Grants |
|
|
|
|
Grants |
10,000 |
1,350 |
11,350 |
|
Government grant income |
— |
— |
|
|
|
22,579 |
5,379 |
27,958 |
| &. |
charitableactivities |
|
|
|
|
|
Unrestricted |
Restricted |
Total Funds |
|
|
Funds |
Funds |
2020 |
|
|
£ |
£ |
£ |
|
Performance-related grants |
— |
30,756 |
30,756 |
|
Water-based activities income |
63,969 |
— |
63,969 |
|
Shore-based courses income |
370 |
— |
370 |
|
|
64,339 |
30,756 |
95,095 |
|
|
Unrestricted |
Restricted |
Total Funds |
|
|
Funds |
Funds |
2019 |
|
|
£ |
£ |
£ |
|
Performance-related grants |
— |
91,233 |
91,233 |
|
Water-based activities income |
121,456 |
— |
121,456 |
|
Shore-based courses income |
1,772 |
— |
1,772 |
|
|
123,228 |
91,233 |
214,461 |
| Othertrading activities |
|
|
|
All |
All |
|
Unrestricted |
Unrestricted |
|
Funds |
Funds |
|
2020 |
2019 |
|
£ |
£ |
| Income from room and equipment hire |
2474 |
5,184 |
| Sale of publications and merchandise |
215 |
878 |
| Provision of safety boat cover |
500 |
3,825 |
|
3,189 |
9,887 |
| 7. |
Other income |
|
|
|
|
All |
All |
|
|
Unrestricted |
Unrestricted |
|
|
Funds |
Funds |
|
|
2020 |
2019 |
|
|
£ |
£ |
|
Income from sale of fixed assets and |
|
|
|
equipment |
(813) |
487 |
|
Miscellaneous |
780 |
336 |
|
|
(33) |
823 |
| 8. |
Costs of other trading activities |
|
|
|
|
All |
All |
|
|
Unrestricted |
Unrestricted |
|
|
Funds |
Funds |
|
|
2020 |
2019 |
|
|
£ |
£ |
|
Costs of trading activities |
1,329 |
4,846 |
| 9. |
Expenditure on charitable activities byfund type |
|
|
|
Unrestricted |
Restricted |
Total Funds |
|
Funds |
Funds |
2020 |
|
£ |
£ |
£ |
| Water-based activities |
100,231 |
17,442 |
117,673 |
| Shore-based courses |
61 |
9,880 |
9,941 |
| Support costs |
77,061 |
7,058 |
84,119 |
|
177,353 |
34,380 |
211,733 |
|
Unrestricted |
Restricted |
Total Funds |
|
Funds |
Funds |
2019 |
|
£ |
£ |
£ |
| Water-based activities |
140,886 |
46,035 |
186,921 |
| Shore-based courses |
730 |
32,777 |
33,507 |
| Support costs |
76,979 |
15,384 |
92,363 |
|
218,595 |
94,196 |
312,791 |
| Analysis of support costs |
|
|
|
|
|
Water based |
Shore-based |
|
|
|
activities |
courses |
Total 2020 |
Total 2019 |
|
£ |
£ |
£ |
£ |
| Staff costs |
45,196 |
2,238 |
47,434 |
45,053 |
| Premises |
10,183 |
— |
10,183 |
9,855 |
| General office |
10,826 |
— |
10,826 |
15,950 |
| Governance costs |
3,935 |
— |
3,935 |
4,065 |
| Other costs |
11,692 |
49 |
11,741 |
17,440 |
|
81,832 |
2,287 |
84,119 |
92,363 |
Net income/(expenditure)
Net income/(expenditure) is stated after charging/(crediting): |
|
|
|
2020 |
2019 |
|
£ |
£ |
| Depreciation of tangible fixed assets |
27,298 |
33,675 |
| Auditors remuneration |
|
|
|
2020 |
2019 |
|
£ |
£ |
| Fees payable forthe audit of the financial statements |
4,000 |
4,000 |
| Staff costs |
Staff costs |
|
| The total staff costs and employee benefits forthe reporting period are analysed as |
|
follows: |
|
2020 |
2019 |
|
£ |
£ |
| Wages and salaries |
122,167 |
165,290 |
| Social security costs |
3,526 |
6,459 |
| Employer contributions to pension plans |
1,963 |
2,434 |
|
127,656 |
174,183 |
| Tangible fixed assets |
|
|
|
|
|
|
|
|
|
|
Computer |
& |
|
|
|
|
Leasehold |
Boats & |
|
IT |
Fixtures |
& |
|
|
improvements |
equipment |
equipment |
|
fittings |
|
Total |
|
£ |
£ |
£ |
|
£ |
|
£ |
| Cost |
|
|
|
|
|
|
|
| At 1 January 2020 |
1,855 |
266,082 |
8,247 |
|
1,578 |
|
277,762 |
| Additions |
— |
3,456 |
|
— |
|
— |
3,456 |
| Disposals |
— |
(4,090) |
|
— |
|
— |
(4,090) |
| At31 December2020 |
1,855 |
265,448 |
8,247 |
|
1,578 |
|
277,128 |
| Depreciation |
|
|
|
|
|
|
|
| At 1 January 2020 |
1,020 |
212,575 |
5,594 |
|
551 |
|
219,740 |
| Charge for the year |
371 |
24,963 |
1,649 |
|
315 |
|
27,298 |
| Disposals |
— |
(1,757) |
|
— |
|
— |
(1,757) |
| At 31 December 2020 |
1,391 |
235,781 |
7,243 |
|
866 |
|
245,281 |
| Carrying amount |
|
|
|
|
|
|
|
| At31 December2020 |
464 |
29,667 |
1,004 |
|
712 |
|
31,847 |
| At31 December2019 |
835 |
53,507 |
2,653 |
|
1,027 |
|
58,022 |
| Debtors |
|
|
|
|
|
|
|
|
|
|
|
|
2020 |
|
2019 |
|
|
|
|
|
£ |
|
£ |
| Trade debtors |
|
|
|
|
|
|
602 |
| Prepayments and accrued |
income |
|
|
|
7,897 |
|
9,328 |
| Other debtors |
|
|
|
|
5,836 |
|
— |
|
|
|
|
|
13,733 |
|
9,930 |
| creditors: amounts falling due within one year |
|
|
|
2020 |
2019 |
|
£ |
£ |
| Trade creditors |
3,482 |
688 |
| Accruals and deferred income |
50,709 |
42,562 |
| Social security and other taxes |
2,240 |
1,030 |
| Other creditors |
442 |
319 |
|
56,873 |
44,599 |
plans was £1,963 (2019: £2,434).
Government grants |
plans was £1,963 (2019: £2,434).
Government grants |
|
| The amounts recognised in the financial statementsfor government grants are as follows: |
|
|
|
2020 |
2019 |
|
£ |
£ |
| Recognised in income from donations and legacies: |
|
|
| Government grants income |
49,479 |
|
| Unrestricted funds |
|
|
|
|
|
|
At |
|
|
|
At |
|
1 January |
|
|
|
31 December |
|
2020 |
Income |
Expenditure |
Transfers |
2020 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
3,557 |
176,887 |
(151,384) |
(24,817) |
4,243 |
| Resilience Fund |
40,000 |
— |
— |
— |
40,000 |
| Boat and Equipment |
|
|
|
|
|
Replacement Fund
Building Upgrade Fund |
10,000
30,000 |
—
— |
—
— |
30,000
— |
40,000
30,000 |
| Asset Depreciation Fund |
58,022 |
— |
(27,298) |
1,123 |
31,847 |
|
141,579 |
176,887 |
(178,682) |
6,306 |
146,090 |
|
At |
|
|
|
At |
|
1 January |
|
|
|
31 December |
|
2019 |
Income |
Expenditure |
Transfers |
2019 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
22,208 |
156,517 |
(189,566) |
14,398 |
3,557 |
| Resilience Fund |
40,000 |
|
|
— |
40,000 |
| Boat and Equipment |
|
|
|
|
|
| Replacement Fund |
10,000 |
|
|
— |
10,000 |
| Building Upgrade Fund |
45,000 |
— |
— |
(15,000) |
30,000 |
| Asset Depreciation Fund |
91,295 |
— |
(33,875) |
602 |
58,022 |
|
208,503 |
156,517 |
(223,441) |
— |
141,579 |
| Analysis of charitable fu |
nds (continued) |
|
|
|
|
| Restricted funds |
|
|
|
|
|
|
At |
|
|
|
At |
|
1 January |
|
|
|
31 December |
|
2020 |
Income |
Expenditure |
Transfers |
2020 |
|
£ |
£ |
£ |
£ |
£ |
| Van Neste |
— |
4,650 |
(4,650) |
— |
|
| Quartet Express |
— |
2,000 |
— |
(2,000) |
|
| Sundry grants |
— |
4,786 |
(1,830) |
(2,956) |
|
| Sailability |
1,020 |
2,276 |
— |
— |
3,296 |
| SEN Support |
500 |
313 |
(313) |
|
500 |
| BAB - Rocking the Boat |
— |
12,167 |
(12,167) |
|
— |
| BAB - Come On Board |
— |
14,644 |
(14,644) |
|
|
| DNV GL Access Sails |
1,350 |
— |
— |
(1,350) |
|
| Xmas appeal |
776 |
|
(776) |
— |
|
|
3,646 |
40,836 |
(34,380) |
(6,306) |
3,796 |
|
At |
|
|
|
At |
|
1 January |
|
|
|
31 December |
|
2020 |
Income |
Expenditure |
Transfers |
2019 |
|
|
£ |
£ |
£ |
£ |
| Sundry grants |
— |
2,893 |
(2,893) |
|
— |
| Sailability |
810 |
2,502 |
(2,292) |
|
1,020 |
| SEN Support |
420 |
750 |
(670) |
|
500 |
| Newby |
— |
2,417 |
(2,417) |
— |
|
| Wesport satellite/SG |
— |
3,540 |
(3,540) |
— |
— |
| BAB - Rocking the Boat |
— |
36,959 |
(36,959) |
|
|
| BAB - Come On Board |
— |
45,425 |
(45,425) |
— |
— |
| DNV GL Access Sails |
|
1,350 |
|
— |
1,350 |
| Xmas appeal |
|
776 |
|
|
776 |
|
1,230 |
96,612 |
(94,196) |
|
3,646 |
| Analysis of net assets between funds |
|
|
|
|
Unrestricted |
Restricted |
Total Funds |
|
Funds |
Funds |
2020 |
|
£ |
£ |
£ |
| Tangible fixed assets |
31,847 |
— |
31,847 |
| Current assets |
136,232 |
38,680 |
174,912 |
| Creditors less than 1 year |
(21,989) |
(34,884) |
(56,873) |
| Net assets |
146,090 |
3,796 |
149,886 |
|
Unrestricted |
Restricted |
Total Funds |
|
Funds |
Funds |
2019 |
|
£ |
£ |
£ |
| Tangible fixed assets |
58,022 |
— |
58,022 |
| Current assets |
110,694 |
21,108 |
131,802 |
| Creditors less than 1 year |
(27,137) |
(17,462) |
(44,599) |
| Net assets |
141,579 |
3,646 |
145,225 |
| Operating lease commitments |
Operating lease commitments |
Operating lease commitments |
| The total future minimum lease payments under non-cancellable operating leases are as follows: |
|
|
|
2020 |
2019 |
|
£ |
£ |
| Not later than 1 year |
2,458 |
3,500 |
| Later than 1 year and not laterthan 5 years |
4,000 |
5,458 |
| Later than 5 years |
1,333 |
2,333 |
|
7,791 |
11,291 |
Detailed Statement of Financial Activities
Yearended 31 December2020 |
|
|
|
2020 |
2019 |
|
£ |
£ |
| Income and endowments |
|
|
| Donations and legacies |
|
|
| Donations |
12,961 |
16,608 |
| Grants |
57,032 |
11,350 |
| Government grant income |
49,479 |
|
|
119,472 |
27,958 |
| Charitable activities |
|
|
| Performance-related grants |
30,756 |
91,233 |
| Water-based activities income |
63,969 |
121,456 |
| Shore-based courses income |
370 |
1,772 |
|
95,095 |
214,461 |
| Other trading activities |
|
|
| Income from room and equipment hire |
2,474 |
5,184 |
| Sale of publications and merchandise |
215 |
878 |
| Provision of safety boat cover |
500 |
3,825 |
|
3,189 |
9,887 |
| Other income |
|
|
| Income from sale of fixed assets and equipment |
(813) |
487 |
| Miscellaneous |
780 |
336 |
|
(33) |
823 |
| Total income |
217,723 |
253,129 |
| Yearended 31 December 2020 |
|
|
|
2020 |
2019 |
|
£ |
£ |
| Expenditure |
|
|
| costs of other trading activities |
|
|
| Wages and salaries |
770 |
2,907 |
| Other costs |
559 |
1,939 |
|
1,329 |
4,846 |
| Expenditure on charitable activities |
|
|
| Activity expenditure |
11,644 |
29,942 |
| Wages and salaries |
121,397 |
162,383 |
| Employer’s MC |
3,526 |
6,459 |
| Pension costs |
1,963 |
2,434 |
| Repairs and maintenance |
10,182 |
9,855 |
| Insurance |
6,505 |
8,265 |
| Motor vehicle expenses |
(172) |
792 |
| Other motor/travel costs |
2,193 |
7,264 |
| Legal and professional fees |
6,645 |
7,506 |
| Other office costs |
12,596 |
24,909 |
| Depreciation |
27,298 |
33,875 |
| Other interest payable and similar charges |
1,370 |
1,81 0 |
| Other governance costs |
35 |
65 |
| Licences/memberships |
2,545 |
3,932 |
| Training |
2,058 |
4,358 |
| Marketing & PR |
1,948 |
8,942 |
|
211,733 |
312,791 |
| Total expenditure |
213,062 |
317,637 |
| Net income/(expenditure) |
4,661 |
(64,508) |
Notes to the Detailed Statement of Financial
Year ended 31 December 2020 |
Activities |
|
|
2020 |
2019 |
|
£ |
£ |
| Costs of other trading activities |
|
|
| Costs of trading activities |
|
|
| All trading activities - wages |
770 |
2,907 |
| All trading activities - other costs |
559 |
1,939 |
|
1,329 |
4,846 |
| Costs of other trading activities |
1,329 |
4,846 |
|
|
2020 |
2019 |
|
|
£ |
£ |
| Expenditure on charitable activities |
|
|
|
| Water-based activities |
|
|
|
| Activities undertaken directly |
|
|
|
| Water-based activities |
- Activity expenditure |
9,724 |
24,761 |
| Water-based activities |
- wages/salaries |
69,115 |
97,980 |
| Water-based activities |
- employer’s MC |
2,017 |
3,942 |
| Water-based activities |
- pension costs |
1,123 |
1,485 |
| Water-based activities |
- fuel and travel |
1,794 |
5,264 |
| Water-based activities |
- legal and professional fees |
2,745 |
3,506 |
| Water-based activities |
- admin & sundries |
219 |
5,623 |
| Water-based activities |
- depreciation |
27,298 |
33,875 |
| Water-based activities |
- Bank and card charges |
1,370 |
1,810 |
| Water-based activities |
- training |
745 |
3,086 |
| Water-based activities- marketing & PR |
|
1,523 |
5,589 |
|
|
117,673 |
186,921 |
| Supportcosts |
|
|
|
| Water-based activities |
- wages/salaries |
43,253 |
38,767 |
| Water-based activities |
- employer’s NIC |
1,248 |
1,515 |
| Water-based activities |
- pension costs |
695 |
571 |
| Water-based activities |
- maintenance and premises costs |
10,182 |
8,855 |
| Water-based activities |
- insurance |
6,505 |
7,515 |
| Water-based activities |
- motor vehicle expenses |
(172) |
792 |
| Water-based activities |
- admin and sundries |
12,328 |
19,020 |
| Water-based activities |
- licences/membership |
2,545 |
3,496 |
| Water-based activities |
- training |
1,313 |
1,167 |
|
|
77,897 |
81,698 |
| Shore-based courses |
|
|
|
| Activitiesundertaken directly |
|
|
|
| Shore-based courses - Activity expenditure |
|
1,920 |
5,181 |
| Shore-based courses - wages/salaries |
|
6,887 |
21,650 |
| Shore-based courses - employer’s NIC |
|
199 |
846 |
| Shore-based courses - pension costs |
|
111 |
319 |
| Shore-based courses - other motor/travel costs |
|
399 |
2,000 |
| Shore-based courses - admin and sundries |
|
— |
53 |
| Shore-based courses |
- training |
|
105 |
| Shore-based courses |
- marketing & PR |
425 |
3,353 |
|
|
9,941 |
33,507 |
| Supportcosts |
|
|
|
| Shore-based courses |
- wages/salaries |
2,142 |
3,986 |
| Shore-based courses |
- employer’s NIC |
62 |
156 |
| Shore-based courses |
- pension costs |
34 |
59 |
| Shore-based courses |
- repairs & maintenance |
— |
1,000 |
| Shore-based courses |
- insurance |
— |
750 |
| Carried forward |
|
2,238 |
5,951 |
Notes to the Detailed Statement of Financial Acti
Yearended 31 December 2020 |
vities (contmued) |
|
|
2020 |
2019 |
|
£ |
£ |
| Brought forward |
2,238 |
5,951 |
| Shore-based courses - other office costs |
49 |
213 |
| Shore-based courses - licences/memberships |
— |
436 |
|
2,287 |
6,600 |
| Governance costs |
|
|
| Governance costs - auditfees |
3,900 |
4,000 |
| Governance costs |
35 |
65 |
|
3,935 |
4,065 |
| Expenditure on charitable activities |
211,733 |
312,791 |