CHARITY REGISTRATION NUMBER: 1151374 All-Aboardl Water Sport and Water Recreational Activity (Bristol) Financial Statements 31 December 2024 JAY & JAY PARTNERSHIP LIMITED Chartered Certified Accountants & statutory auditor 2 Chesterfield Buildings Westbourne Place Clifton Bristol BS8 1RU All-Aboard! Water Sport and Water Recreational Activity (Bristol) Financial Statements Year ended 31 December 2024 Page Trustees. Annual Report Independent Auditor's Report to the Trustees of All-Aboardl Water Sport and Water Recreational Activity (Bristol) Statement of Financial Activities 11 Statement of Financial Position 12 Notes to the Financial Statements 13 The followlng pages do not form part of the financial statements Detailed Statement of Financial Activities 26 Notes to the Detailed Statement of Financial Activities 28 All-Aboard! Water Sport and Water Recreational Activity (Bristol) Trustees. Annual Report Year ended 31 December 2024 The trustees present their report and the financial statements of the charity for the year ended 31 December 2024. Reference and admlnlstratlve details Reglstered charlty nam• All-Aboardl Water Sport and Water Recreational Activity (Bristol) Charlty reglstration number 1151374 Principal offlce Baltic Wharf Cumberland Road Bristol BS16XG The tru8tee8 Mr S Chapman Ms G Hannan Mr P Golding Mr A Clay Ms J Fionda (Resigned 19 November 2024) (Resigned 11 February 2024) (Resigned S February 2024) (Appointed 24 January 2024) (Resigned 22 May 2024) (Appointed 5 February 2024 and resigned 8 September 2025) Mr P Truss Ms K Dursley MrAJChery (Appoinled 30 January 2024) (Appointed 13 May 2024 and resigned 28 January 2025) Ms S Pyne-carillo Mr S Weeks fvlr R Miller (Appointed 8 September 2025) Auditor Jay & Jay Partnership Limited Chartered Certified Accountants & statutory auditor 2 Chesterfield Buildings Westbourne Place Clifton Bristol BS81RU Bankers Lloyds Bank 25 Gresham Street London EC2V 7HN All-Aboard! Water Sport and Water Recreational Activity (Bristol) Trustees. Annual Report (eontlnued) Year ended 31 December 2024 Structure. governance and management Organlsatlon All-Aboard is constituted as a Trustee organisation. The minimum number of Trustees to form a quorale is four. The Trustees are selected to provide a wide range of skills and experience appropriate for the charity and include experts in accountancy. law, estate management, disability awareness. marketing, human resources and education . Aclivities are delivered by paid fully qualified activity instructors and supported by trained volunteers. The charity is a Charitable Incorporated Organisation (CIO). Public ben¢flt The Trustees have complied with their duty under Section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission. In shaping the objectives for the year and planning activities, the Trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'Public benefit,. running a charity (P82)'. Objectlves and actlvities The object of the CIO is to promote - for the benefit of the inhabitanls of Bristol and the surroundlng area - the provision of recreational facilities for the participation in water sports and such other rèlated activities, for individuals who have need of such facilities by reason of their youth, age, infirmity or disablement. financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of lrfe of of the said inhabitants. All-Aboard! Water Sport and Water Recreational Activity (Bristol) Trustees. Annual Report (contlnuod) Year ended 31 December 2024 Revlew of actlvltles The aim of the Charity is to enable all members of society to participate in watersports. We operate from the centre at Baltic Wharf, Bristol where specialist boats are equipped to cope with all needs from the fully able to those with very complex needs. The Charity caters especially for children and adulls living with disabilities (physical. learning or cognitivel, long term health conditions, andlor are from disadvantaged backgrounds. Water-based activities offered include sailing, rowing, powerboating and motor cruising, canoeing, kayaking, stand up paddleboarding and raft b(Jilding. Shore-based activities include boal building, Disability awareness and First Aid courses, and use of indoor fitness equipment. Participants visit as individuals, in famlly and social groups, or with their school, support group or other type of community or social group. Additionally during 2024 we commenced a contract with Bristol City Council to provide Wild Water Swimming in Bristol floating harbour at weekends which has further expanded and diversified our user population. Unfortunalely we don't have sufficiently accurate figures lo provide a detailed breakdown of the participanls who utilised our facilities during 2024; it is our intention to better analyse these statistics during 2025. Our ambition remains to reach a target of 50°/o of participants who identify as having a disability or long term health condition, are suffering loneliness, isolation or socio-economic disadvantage, or having other limitations on accessing watersports. A combinalion of granl income and a sound financial position allowed us to continue offering fullylpart funded, or internally subsidised watersport sessions throughout the year to many groups. A Sport England report published in Aprll 2021 recognised that the pandemic had mosl negatively impacted on the activity levels of many of the people that we aim lo reach - women, young people aged 16-24. over 75s, people with disability or long term health conditions, and those from Black, Asian, and other minorily ethnic backgrounds. The benelils to mental health of outdoor exercise and water activity are also well documented and we know th81 participants (and our volunteers) often value the support and social side of our activities as highly as the physical benefits. Our fully funded projects Included watersports for children with long term health conditions land Ihelr close family), sailing for ethnic minorities, sailing to improve mental health. watersports for disadvantaged children and SEN schools, watersporls for young people at risk of homelessness, sailing and rowing for those aged 50+ years, rowing for the visually impaired, and Harbour cruises for those living With dernentia. In addition to Indlviduals, and sociallfamily groups we also provided watersport sessions for,. SEN schools and mainstream schoolslhigher education settings. Community groups 153 sessions delivered with support areas including homelessness, mental health, disability. adoption and fostering, bereavement, domestic abuse, autism, vulnerable young people and dementia. Specialist support services - Child and adolescent mental heallh unit, providers of specialist short break services, professionals supporting NHS brain injury unils. Other community groups including Scout, Cub and Brownie units, and environmental groups working to clean up Bristol harbour. Our weekly SailabilitylPaddleabilitylPowerability sessions for those requiring additional support ran throughout the year and welcomed just under 400 participants over the year. All-Aboard! Water Sport and Water Recreational Activity (Bristol) Trustees, Annual Report (¢onllnued) Year ended 31 December 2024 There w￿re a number of highlights during the year',- We We￿ delighted to continue with our 'School Games, which gave 91 SEN pupils from 8 schools the opporlunily to learn sailing, rowing and paddlesports over a 6 week period, culminating in a Regatta where pupils represented their school in friendly competition with other schools an opportunity often denied SEN pupils. There were many other activities where we worked with young people from special schools to provide them with opportunities to experience times on the water that would otherwise not be be available to them. At the beginning of 2024 we were given a year contract to run open water swimming in the harbour in front of our watersports centre. This has proved to be very popular and we anticipate extending this new activity in the harbour beyond the two years. We also held a Disability Inclusive Watersports Festival for 8-16 year olds in which 800/0 of partlcipants identified as having an impairment or disability. The New Horizons Project. organised by the RYA. taught Ilfe skills through learning to sail to 10-20 year olds who had limited access to watersports. We also continued our work with the older generation both Ihrough on waler activities. and onshore in our shed where we provide opportunities for groups to work together to build and maintain watercraft under the supervision of specialist boatbuilders and other skilled individuals. For the more able, our race squad continued to develop young people's salllng skllls In a competltlve environment. Grant funding is vltal to allow us lo continually replace and upgrade our boals and equipment and the financi81 securlty of the charity has been greatly helped by grants and donalions. In particular, we are very grateful for the support from the Scobell Trust. the Nl8b•t Trust and the John Jamos Foundation as well as support from many other organisatlons and Indlviduals wlthoui whom our work would be impossible. Grants have bean received from.. Scobell Trust Nisbet Trust John James Foundatlon Action Funder The Bruce Wake Trust The Sported Foundation Donations have been received from: Simon Chapman John Edgar Andy Holmes Pride of Bristol and a number of other individual supporters to whom we are very grateful. All-Aboardl Water Sport and Water Recreational Activity (Bristol) Trustees. Annual Report (¢ontlnuod) Year ended 31 December 2024 We are also extremely grateful to our permanent and casual staff who have demonstrated flexibilily and taken on additional responsibility as needed during the year. We continue to recognise the extraordinary contributions made by our dedicated volunieers, who assist participants on the water and shoreside, help maintain and enhance our watercraft and Centre throughout the year, and spend many hours restoring old donated boats for ultimate sale to raise extra funds. Flnanclal revlew Total income for the year was £313,154 which was a 4Q/o decrease over prior year {£327,479). This decrease is primarily due to a 280/0 drop in grants and donations. The board has identified a need for a part-time fundraising officer to address this for next year. Income from charitable activlties was £216,564 (year ended 31 December 2023.. £210,985) and this covers 69 /0 of Ihe associated costs (prior year.'790/0). Total expenditure was 20% higher than the prior year due to the recruitment of two additional staff members employed to strengthen our team. The impact of this additional investment in staff will be felt in 2025. As a consequence of the above staff investment, All-Aboard reported a small net decrease in funds of £13,709 with funds totalling £292,880 al the end of the year. Our cash position remains strong with bank balan￿S standing at £256,818 at the end of the year (prior year.. £252,724). Reserves amounted to £2g2,880 of which £50,560 is held as our general unrestricted reserve (prior year £46,254). The trustees have agreed to increase Ihe resilience reserve to £80,000 in line with the increase in overheads. Many of the granl-funding streams accessed by All Aboard in recent years hav8 now ended, however we continue to seek new grants lo fund activities for our participants with additional needs, disability or disadvantage. We remain reliani on ihe generosity of our donors to cover on-going shortfalls, while also recognising the need to continue to develop new sources of income and to cultivate rnore relationships with philanthropic individual$ and organisations to support our charitable work. We continually look al the internal structure of the charity to control overheads. This approach means that we enter 2025 on a sound financial and operational footing, and the long term financial security of the charity looks secure. Overall, the Trustees are satisfied with the financial position at 31 Decemb&r 2024. Reserves Pollcy The Trustees consider Ihat reserves are an inherent part of the risk management process. A downturn in funding arrangements could affect Ihe Charity's ability to continue at its present level of activities and in extreme circumstances even lead to closure. To meet its financial commitments the Trustees intend to continue a policy of prudent reseNes provision. Trustees. responslbllltles statement The trustees are responsible for preparing the trustees. report and the financial slatements in accordance wilh applicable law and United Kingdom Acwunting Standards (United Kingdom Generally Accepted Accounting Practice). All-Aboard! Water Sport and Water Recreational Activity (Bristol) Trustees. Annual Report (condnuod) Year ended 31 December 2024 The law applicable lo charities in England and Wales requires the charity trustees lo prepare financial statements for each year wh￿h give a true and fair view of the slat8 of affairs of th8 charity and of the incorning reSoUr￿S and application of resources, of the charity for Ihat period. In preparng these financial statements, the trustees are requlred to: select suitable accounting policies and then apply them consistently., observe the methods and princlples in the applicable Charlties SORP; make judgments and accounting estimates that are reasonable and prudent; prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charily will continue in business. The trustees are responsible for keeping adequaie accounting records that ara sufficiant lo show and explain the charrty's transactions and disclose with reasonab5e accuracy at any lime the financial position of the charity and enable iham to ensure that the financial statements comply wilh the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations. and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the charity and hence for t8klng reasonable steps for the prevenlion and detection of fraud and olher irregularities. The trustees, annual report was approved on ..U. 4 !.p.,: J,,ts.. trustees by". and signed on behalf of the board of Mr A Clay Trustee All-Aboardl Water Sport and Water Recreational Activity (Bristol) Indepandent Auditorfs Report to the Trustees of All-Aboard! Water Sport and Water Recreational Activity (Bristol) Year ended 31 December 2024 Oplnlon We have audited the financial siat8menlS of All-Aboardl Water Sport and Water Recreational Activity (Bristol) (the 'charity') for the year ended 31 December 2024 which comprise the stalemenl of financial activities, statement of financial position and Ihe related notes, including a summary of significant accounting policies. The financial reporting framework thal has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Slandard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinlon the financial statemenls: give a true and fair view of the slate of the charity's affairs as at 31 December 2024 and of ils incoming resources and application of resources, including its income and expenditure, for the year then ended: have been properly prepared in accordance wilh United Kingdom Generally Accepted Accounting Practice. have been prepared in accordance with the requirements of the Charities Act 2011 . Basls for oplnlon We conducted our audit in accordance with International Standards on Auditing (UK) IISAS {UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial stalements section of our report, We are independent of the charity in accordance with the ethical requirements that are relevanl to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and the provisions available for small entitie5, in the circumstances set out below, and we have fulfilled our other ethical responsiblllties in accordance with Ihese requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provid8 a basis for our opinion. In common with many other entities of our size and nature we use our audllors to 8sslsl with Ihe preparation of the financial statements. Conclu8lon8 relatlng to going concern In auditing Ihe financial statements, we have concluded thal the trustees. use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identrfied any material uncertainties relating to events or conditions that, individually or collectively, may ￿$1 significant doubt on the charity's ability to continue as a ooing concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. All-Aboard! Water Sport and Water Recreational Activity (Bristol) Independent Auditorfs Report to the Trustees of All-Aboard! Watsr Sport and Water Recreational Activity (Bristol) (contlnued) Year ended 31 December 2024 Other Informatlon The other information comprises Ihe information included in the annual report. other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report. we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read th8 other information and. in doing so. consider whelher the other inforrnation is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstalement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nolhing to report in this regard. Malters on whlch we are requlred to report by exceptlon In the light of the knowledge and understandlng of the charlty and Its environmenl obtained in the course of the audit. we have not identified material misstatements in the trustees, report. We have nothing to report in respect of the following matters In relation to which the Charities Act 2011 requires us to report to you if, in our opinion.. the information given in Ihe trustees, report is inconsistent in any material respect with the financial statements., or adequate accountlng records have not been kept., or the financlal slatemenls are noi in agreement with the accounting records and returns,, or we have not received all the information and explanations we require for our audit. Rosponsibilitios of trustees As explained more fulty in the trustee8' responsiblities statement, the trustees are responsible for the preparation of the financial slatemenls and for being satisfied that they give a true and fair view, and for such inlemal control as the trustees determine is necessary to enable the preparation of financial stalements that are free from material misstatement, whether due to fraud or error. In preparing the financial stalemenls, the trustees are responsible for assessing the charity's ability to conlinue as a going concern, disc105ing. as applicable. matters related to going concern and using the going concern basis of accounling unless the trustees either intend lo liquidate the Charity or to cease operations, or have no realistic alternative but to do so. All-Aboard! Water Sport and Water Recreational Activity (Bristol) Independent Auditor's Report to the Trustees of All-Aboard! Water Sport and Water Recreational Actlvlty (Brlstol) (continued) Year ended 31 December 2024 AudStor's responsibllitles for the audlt of the flnanclal statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from malerial misstatement. whether due to fraud or error. and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can aiise from fraud or error and are considered material if, individually or in the aggregate. they could reasonably be expected to influence the economic decisions of users taken on the basis of Ihese financial statements. As part of an audit in accordance wilh ISAS (UKI. we exercise professional judgment and maintain professional scepticism throughout the audit. We also.. Identify and assess the risks of materlal mlsstatement of the flnancial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstalement resulling from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery. intentional omissions, misrepresentalions. or the override of of internal control. Obtain an understanding of Internal control relevant to the audil in order to design audit procedures that are appropriate in the circumstances, but nol for the purpose of expressing an opinion on the effectiveness of the internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures ma 723 20,000 50,580 80.000 24.481 150 (13,831) (4.917) 5.883 40,000 30,000 82,538 (20,000) (10,000) 14,194 20,000 20,000 67.305 {29,427) (271.684) 283,273 232.159 243,748 At 31 DeGember 2023 At 1 January 2023 Income Expenditure Transfers Unrestricted funds Resilience Fund Unrestricted fund grants and donations for designated purposes Boal and Equipment Replacement Fund Building Upgrade Fund Asset Depreciation Fund 42,751 60.000 208,466 (190.319) (14,644) 46,254 60,000 24,559 (78) 24,481 40,000 30,000 62,509 40,000 30,000 82,538 (27,465) {217,862) 47,494 235,260 233.025 32.850 283,273 The resilience fund has been established to cover the cost of 3 months fixed salaries and overheads and is available for use in Ihe evenl that operational or other restrictions impede on the organisation's ability to conduct its normal activities. Grants and donations for designated purposes are unresiricted funds that have been set aside by the trustees for specific beneficiary purposes. The transfer of £4.917 represents the cost of an electric engine purchased using funds from one of the designated funds. The boat and equipment replacement fund represents the amount set aside for planned additions and replacements to the walercraft used by the charity. The building upgrade fund has been established in recognition of the required significant improvement and expansion of the charity's facilities al Baltic Wharf. The asset depreciation fund represents the balance of capital equtpment purchases Ihat have yet to be depreciated or disposed of in full. The expenditure of £29,427 represents the depreciation charge for the year and the transfer of £14,194 represents the capital purchases and disposals of equipment in the year. 21 All-Aboard! Water Sport and Water Recreational Activity (Bristol) Notes to the Financial Statements {¢onllnued) Year ended 31 December 2024 22. Analysis of ¢haritable funds (contlnued) Restrlcted funds At 31 December 2024 At 1 January 2024 Income Expendllure Transfers Sundry grants Sailabllity RYA Tackllng Inequalities Fund Nisb8t Trust JGW Turner Chapman Fund Age UK Bristol Building Boats Building Lives project Scobell Trust Trinity House Bruce Wake Trust BC Stronger Together Hedley Foundation 2,887 3,684 6,654 7,773 (7,067) (2,647) 2.474 8.810 1,494 19.439 (1,494) (35,039) 15,600 1.145 1,145 3,703 6,250 (2,547) 120 30,000 2,011 3,000 901 3,353 (120) 30,000 (2,011) 3,000 (901) (3,353) 155.179) 23.316 80.995 49,132 At 31 December 2023 At 1 January 2023 Income Expenditure Transfers Sundry grants Sailabilily RYA Tackling Inequalities Fund Nisbet Trust JGW Turner Age UK Brislol Bullding Boats Building Lives project Quartet Resilience Fund Trinity House Newby Trust True Colours Bruce Wake Trust Douglas 8ader BC Stronger Together Hedley Foundation Garfield Weston John James 1,342 4,663 12.536 1.069 (9,1411 (2,0481 (1,850) 2,887 3,684 4,246 15,600 2,000 (4.246) 15.600 1,145 (855) 9,390 {9,3901 {3,529} (5,200) (3,895) (3,700) (4,880) (2,000) (3,303) {2,530) 3.529 3.000 3.895 2,200 3,700 4,880 2,000 3,303 2,530 23,000 8,000 (23,000) (8,000) 16,429 94,454 (54,717) (32,850) 23,316 22 All-Aboardl Water Sport and Water Recreational Activity (Bristol) Notes to the Financial Statements (conUnu•d) Year ended 31 December 2024 22. Analysls of charltable funds Icontlnuedj The grant from the Scobell Trust is for expenditure on the charitls charitable aims, and is not to be used towards core costs. The grant from the Bruce Wake Trust is for use towards a new engine for Aiming Higher. The new engine had not been purchased by Ihe charity by 31 st December 2024. The donation from the Chapman Fund is to be used for watersport sessions. 23. Analysls of nat assets between funds Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less Ihan 1 year Net a8sets 67,305 194,835 (18,392) 243.748 67,305 271,766 (46,191) 292,880 76,931 (27,799) 49,132 Unrestricted Funds Restricted Total Funds Funds 2023 Tangible fixed assets Current assets Creditors less than 1 year Net a88et8 82,538 220,4S3 (19.718) 283,273 82,538 275,240 {51,189) 306.589 54.787 {31.471) 23,316 24. Op•ratlng lea80 commitments The tolal future minimum lease paym8nls under non-cancellable operating leases are as follows.. 2024 2023 Not later than 1 year Later than 1 year and not later than 5 years 4,330 2,983 7,313 4,330 7,283 11,613 The operating lease payments recognised as an expense in the year ended 31 sl December 2024 totalled £4,300 (2023: £3,810) 23 All-Aboard! Water Sport and Water Recreational Activity (Bristol) Notes to the Financial Statements (confrnuedj Year ended 31 December 2024 25. Related parties One of Ihe adminislratlV8 employees is the daughter of the trustee Ms G Hannan. Ms G Hannan resigned as trustee of the Charity on 11 th February 2024. The employee's remuneration benefits in the year ended 31sl December 2024 totalled £8,524 (Year ended 31st December 2023: £14,393). 24 All-Aboard! Water Sport and Water Recreational Activity (Bristol) Management Inforniation Year ended 31 December 2024 The following pages do not fonn part of the flnanclal statements. 26 All-Aboard! Water Sport and Water Recreational Activity (Bristol) Detailed Statement of Flnanclal Actlvities Year ended 31 December 2024 2024 2023 Income and endowrnents Donatlons and legacl88 Donations Grants 19,121 49.000 12,081 82,011 68,121 94,092 Charitable activltles Performance-related grants Water-based activities income Shore-based courses income 16,722 199,722 120 31,311 178,829 216,564 210.985 Olher tradlng actlvltles Income from room and equipment hire Sale of publications and merchandise Provision of safety boal cover Sale of refurbished boats 5,088 415 8,275 8,240 3,795 281 11,690 22,018 15,766 Other Income Income from sale of fixed assets and equlpment Miscellaneous Rental income 6,124 6,338 163 135 327 6,451 6.636 Total Income 313.154 327,479 26 All-Aboard! Water Sport and Water Recreational Activity (Bristol) Detalled Statement of Financial Activities {con(Inued) Year ended 31 December 2024 2024 2023 Expenditure Costs of other trading a¢tlvltl¢s Wages and salaries Other costs 7.215 6.020 3.583 3.501 13,235 7,084 Expendlture on charitable a¢tiviti•s Purchases Wages and salaries Employer's NIC Pension costs Repairs and maintenance Insurance Other motorltravel costs Legal and professional fees Other office costs Depreciation Olher interest payable and similar charges Other governance costs Licenceslmemberships Training Water.based actwities- marketing & PR 9,525 178,236 7,517 3,085 16,112 13,986 2,514 5.294 30,068 29,427 3,068 21,854 138.403 3.631 2.349 15,647 9,907 3,284 4,840 22,504 27,465 2,351 35 2,606 10.290 32g 4,451 6,860 2,643 313,628 265,495 Total expendltur 326.863 272,579 Net (expendllura)Ilncom• (13,709) 54,900 27 All-Aboardl Water Sport and Water Recreational Activity (Bristol) Notes to the Detailed Statement of Financlal Activities (contlnued) Year ended 31 December 2024 2024 2023 Expendlture on charitable actlvitles Water-based activities Actlvltles undertaken directly Water-based actlvltles - Actlvlty expenditure Water-based actlvltles - wageslsalaries Water-based activllles - employer's NIC Water-based activilles - pension costs Waler-based activities fuel and travel Waler-based activitles admin & sundries Waler-based activities - depreciation Water-based activilies - Bank and card Charges Water-based activities - tralning Water-based aciivities- marketing & PR 9,525 100.825 4.271 1,753 2,514 1,594 29,427 3,068 6,173 2,643 21,854 95,871 2,569 1.662 3.284 374 27,465 2,351 5,626 240 161,793 161,296 Support costs Water-based activities - wageslsalaries Water-based activities - employer's NIC Water-based activities - pension costs Water-based aclivities - malntenance and premises Costs Waler-based activities - insurance Waler-based activities - legal ancl professional fees Water-based activities - admin and sundries Water-based activities - licenceslmembership Water-based 8Ctlvllles - training 77,411 3,246 1.332 16,112 13,986 40,476 1,035 670 13,855 9,907 28,474 4,451 687 22,130 2,606 3,026 93,705 145,703 Shore-ba$ad cours•s Actlvltles undertaken dlrectly Shore-based courses - wage51salaries Shore-based courses - employer's NIC Shore-based courses - pension cosls Shore.based courses - training Shore-based courses - marketing & PR 1,864 22 14 1.638 3,627 Support costs Shore-based courses - wageslsalaries Shore-based courses - employer's NIC Shore-based courses - pension costs Shore-based courses - maintenance and premises costs 192 1,792 1,992 Governance costs Governance costs - audit fees Governance costs 5,290 842 4.840 35 Carried forward 6,132 4,875 29 All-Aboard! Water Sport and Water Recreational Activity (Bristol) Notes to the Detailed Statement of Fi nancial Activities {conlinuod) Year ended 31 December 2024 2024 2023 Brought forward 6,132 4,875 6,132 4,875 Expenditure on charitable actlvltles 313.628 265,495