2023-10-31-accounts

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Trustees’ Annual Report for the period

From 1[st] November 2022 To 31[st] October 2023

Charity name: Colne Valley Special Sailors

Charity registration number: 1155165

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To provide sailing and water-based activities for young people and adults with disabilities.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	CVSS is based at Bury Lake in Rickmansworth where we provide sailing and katakanuing for young people and adults with disabilities. We take sailors from special schools in Hertfordshire, Buckinghamshire and the north-west London regions as well as from care homes and individuals. In addition, many specialised groups, for example the Multiple Sclerosis Society, use our facilities for recreation and confidence development. Sailors’ siblings and families are able to share in the experience.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The Trustees are fully aware of the guidance on public benefit and are satisfied that the charity’s activities comply with that guidance

Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38	The charity does not make grants.
Policy on social investment including program related investment	Para 1.38	The charity provides activities for people with disabilities
Contribution made by volunteers	Para 1.38	The charity is entirely run and operated by unpaid volunteers

Other

Achievements and Performance

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SORP reference
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Achievements and Performance	Achievements and Performance	Achievements and Performance
SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	The charity has continued to operate and provide activities for people with disabilities. The charity has increased the number of people with disabilities it has provided activities to and is almost back at pre Covid levels. It is one of the largest RYA Sailability groups in the country. Users are grateful for the opportunities offered by the charity and many organisations and sailors have been sailing with us for many years and eagerly await the beginning of the season. Demand for our services is increasing.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The Charity is in a strong financial position
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Our policy is to cover our annual running charges from subscriptions charged to sailors and families. We aim to have in reserve a minimum of three years’ running costs plus funds to cover anticipated capital expenditure.
Amount of reserves held	Para 1.22
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	None

Additional information (optional) You may choose to include further statements	Additional information (optional) You may choose to include further statements	where relevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47	Our regular source of funding is income from memberships fees charged to our disabled sailors. We are fortunate to receive unsolicited donations from local organisations such as Golf Clubs, Synagogues, Freemasonry and individuals.
Investment policy and objectives including any social investment policy adopted	Para 1.46	The Charity adopts a conservative policy and does not invest other than in interest bearing accounts with banks
A description of the principal risks facing the charity	Para 1.46	The principal risk is a lack of suitable volunteers
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	CIO
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	CIO
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Trustees are appointed or reappointed annually by rotation by the members at the Annual General Meeting.

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51	New Trustees are provided with induction training. The charity reviews its compliance with the Charity Commission Governance Code regularly
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	Member of RYA sailability
Relationship with any related parties	Para 1.51	None
Other

Reference and Administrative details

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Charity name Colne Valley Special Sailors
Other name the charity uses CVSS
Registered charity number 1155165
Charity’s principal address c/o 50 Meadowbank
Watford
Herts
WD19 4RW
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Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Michael Marcus Chairman
2 David Brown
3 Martin Power
4 Graham Vickers Treasurer
5 Philip Gibbs
6 Kenneth Seymour 1/11/22 - 4/4/2023
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– Corporate trustees names of the directors at the date the report was approved

Director name

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Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets None held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of	Name	Address
adviser

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Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date
	Michael Marcus Graham Vickers
	Chairman Treasurer
	14 May 2024
	14 May 2024

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examine¢s Report Report to the trustees COLNE VALLEY SPECIAL SAILORS On accounts for the year ended 31ST OCTOBER 2023 Charity no (if any) 1155165 Set out on pages 3T06 I report to the trustees on my examination of th8 accounts of th8 above ST charity {"the Trusf,) for the year ended 31 October 2023 Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordan￿ with the requirements of the Charities Act 2011 {"the Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 oflhe 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5){bl of the Act. Independent examiner's statement Delete I l ifnot applrable. I have completed my examination. I confim that no material matters have come to my attertrtion in connection with the exarnination ') which gives me cause to believe that in, any material respect.. the accounb'ng records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities {Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ' Please delete the words in the b￿ckets if they do not apply. Signed: Date: 24 February 2024 Name: Michael Kraus Relevant professional qualificationls} or body NIA IER Oct 2018

(if any): Address: 33 London House Edgware, Middx HA8 8AX Section B Disclosure Only complete if the examiner needs to highlight material matters of concem {5ee CC32, Independenl examination of tharily accounts.. directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER Oct 2018

COLNE VALLEY SPECIAL SAILORS

A Charitable Incorporated Organisation

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st OCTOBER 2023

Charity Number 1155165

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COLNE VALLEY SPECIAL SAILORS - a charitable incorporated organisation

Charity number 1155165

Profit and Loss Account for the year ended 31st October 2023

Income Membership subscriptions Friends of CVSS 200 Club Other income Interest received Total income Expenditure Charges by Bury Lake Young Mariners: Affiliation & berthing fee Safety boats Training Insurance RYA Affiliation fee Meetings, conferences and social events Repairs and maintenance Personal protective equipment, etc. Contribution towards buoyancy aids Computer costs Printing, postage and stationery Professional fees Bank charges Sundry expenses Net Surplus/(Deficit) for the year	3,211 840 2,250 3,129 150 736 3,452 0 6 204 58 350 83 656	11,367 870 0 2,507 14,744 15,125 ( 381) Unrestricted funds	11,367 870 0 2,507 14,744 15,125 ( 381) Unrestricted funds	Restricted funds - - - - - - - - - - - - - - - - - -	Unrestricted funds Restricted funds 10,332 - 1,160 - 0 - 271 - 11,763 - 2,235 - 685 - 66 - 3,131 - 140 - 772 - 1,030 - 0 135 - 217 - 92 - 900 88 - 205 - 9,696 - 2,067 - Year to 31/10/22

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COLNE VALLEY SPECIAL SAILORS - a charitable incorporated organisation Charity number 1155165

BALANCE SHEET AT 31st OCTOBER 2023

CURRENT ASSETS Cash on Deposit Nat West Bank account Co-operative Bank Charities Aid Bank Cash in hand Stock of buoyancy aids & shirts Debtors & Prepayments CURRENT LIABILITIES Creditors Represented by General Reserve Balance brought forward Transfer to Capital Reserve Surplus/(Deficit) for year Capital Reserve Reserve brought forward Transfer from General Reserve Donations and Grants Purchase of equipment Restricted funds Restricted funds brought forward Grant received for restricted purpose Equipment purchased	68,845 2,800 1,065 10,025 132 76 5,274 88,217 1,710 15,043 0 ( 381) 14,662 56,633 - 15,212 - 71,845 0 0 0 0	88,217 ( 1,710) 86,507 14,662 71,845 0 86,507		31/10/22
				44,861 3,463 30 20,566 0 41 4,156 73,117 ( 1,441) 71,676 12,976 0 2,067 15,043 53,600 0 3,033 0 56,633 0 0 0 0 71,676

Approved:

……………………………. M Marcus - Chairman ……………………………. G Vickers - Treasurer

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COLNE VALLEY SPECIAL SAILORS - a charitable incorporated organisation

Notes to the Accounts For The Year Ended 31st October 2023

• 1 Capital Reserve

The Capital Reserve is an unrestricted fund to provide for future capital expenditure and to make provision to ensure the charity can carry on its activities in the event of future financial difficulties.

It may be credited by unrestricted funds received by way of donations or by transfers from General Reserves

2 Equipment, repairs and maintenance

The charity's policy is to write off the cost of boats and other equipment in the year of expenditure.

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