## **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** **----- Start of picture text -----**
SORP reference
**----- End of picture text -----**
|**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** **----- Start of picture text -----**
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
**----- End of picture text -----**
## **Names of the charity trustees who manage the charity** **----- Start of picture text -----**
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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14
15
16
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## – Corporate trustees names of the directors at the date the report was approved ## **Director name** 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**||| **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**_ 3 ## **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| |---|---|---|---|---|---| ||||||| ||||||| 4 ## **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 5 ## **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. 6