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← Colne Valley Special Sailors

2024-10-31-accounts

Trustees’ Annual Report for the period

From 1 November 2023 To 31 October 2024

Charity name: Colne Valley Special Sailors

Charity registration number: 1155165

Objectives and Activities

Objectives and Activities Objectives and Activities Objectives and Activities
SORP reference
Summary of the purposes of
the charity as set out in its
governingdocument
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, fund raising and
governance 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:

Additional information (optional)
You may choose to include further statements where relevant about:		 Additional information (optional)
You may choose to include further statements where relevant about:		 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
Para 1.38 The charity is entirely run and operated by
unpaid volunteers

Contribution made by 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 We have achieved our objectives in the year.
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 received from
sailors and their families. We aim to have in
reserve a minimum of three years’ running
costs, plus funds to cover anticipated capital
expenditure, plus funds to cover a gap in
insurance cover imposed on us.
Amount of reserves held Para 1.22 £79,470
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 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 subscriptions from our
disabled sailors.
We operate a 200 Club that raises funds and
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 re-appointed
annually by the members at the annual
General Meeting. Trustees are selected from
the volunteers based on experience and
willingness to carry out the role.

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 The charity is managed by its Trustees, with
assistance of a committee of volunteers with
relevant skills.
The charity is a 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 Sail
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
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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

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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)
Michael Marcus		 Graham Vickers
Position (eg Secretary,
Chair, etc)		 Chairman Treasurer
Date
6th April 2025

CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examinerfs report on the accounts S•cllon A InO•p•nd•nt Exwnln•rf• R•port Report to the trusteesl m•mb•rs ol COLNE VALLEY SPECIAL SAILORS On aGcount• tor th• year •nd•d 31ST OCTOBER 2024 Charlty fK Ilf any> 11551656 S•t out on pag•s 3T06 I report lo the trustees ¢)n my examination of the account$ of t￿ above charity ("the Trusi.) for the year ended 315T October 2024 R••ponglbilitl•s •nd As the charty trustees of the Trust. you are resFwisible for the preparation ba$ls of rnport of the accounts In accordance wrth Ihe ￿quIrementS of the Chantse5 Act 2011 ("the Act"). I report In re$ped of my examination ol the Trust's accounts camed (xrt undef section 145 of the 2011 Act and In carying out my examfftation. I have followed the applicable ￿rectionS gNen by the Charrty Commisswi under section 145{5){b) of the Act I have completed my examination I confirm that no matenal matters have come lo my attention In connection wrth the examination which gNes m• use to believe that In, any matenal respect accounting records were nol kept In acCrydan￿ with Sect￿ 130 of the Act or the accounts do nol accud wth the a¢￿untInG records I have no concerns and have c(Yne across no other matters In connection wrth the examination to which attention should be drawn In order to enable a proper understanding of the accounts to te feached Ple8se elete the words tt7 the brackets rf they do not apply Dat•: Marth 2025 Independent •xarnSnerf statement Slgn•d: Nam•: Prakash Dhuft(ana Relevant prof•ssion•l qualificatlon(s) or body (if anyl: FCCA Address: Batuna Accountants Ltd 31 Eastlea Avenue Watford, WD25 9DG IER October 2018

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

---- NONE ----

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October 2018

IER

COLNE VALLEY SPECIAL SAILORS

A Charitable Incorporated Organisation

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st OCTOBER 2024

Charity Number 1155165

3

COLNE VALLEY SPECIAL SAILORS - a charitable incorporated organisation

Charity n

Profit and Loss Account for the year ended 31st October 2024

Income
Membership subscriptions
Friends of CVSS 200 Club
Other income
Interest received
Total income
Expenditure
Charges by Bury Lake Young Mariners:
Affiliation & berthing fee
3,224
Safety boats
685
Training
971
Insurance
3,308
RYA Affiliation fee
160
Meetings, conferences and social events
616
Repairs and maintenance
844
Contribution towards buoyancy aids, shirts, etc
0
Computer costs
587
Printing, postage and stationery
159
Professional fees
0
Bank charges
61
Sundry expenses
586
Net Surplus/(Deficit) for the year		 11,490
1,080
0
3,248
15,818
11,201
4,617
Unrestricted
funds		 11,490
1,080
0
3,248
15,818
11,201
4,617
Unrestricted
funds		 Restricted
funds
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 U nrestricted
funds
Restricted
funds
11,367
-
870
-
0
-
2,507
-
14,744
-
3,211
-
840
-
2,250
-
3,129
-
150
-
736
-
3,452
-
6
-
204
-
58
-
350
83
-
656
-
15,125
-
( 381)
-
Year to 31/10/23

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

BALANCE SHEET AT 31st OCTOBER 2024

31/10/23
CURRENT ASSETS
Cash on Deposit 61,980 68,845
Nat West Bank account 95 2,800
Co-operative Bank 1,265 1,065
Charities Aid Bank 2,120 10,025
Charities Aid Deposit 12,651
Cash in hand 0 132
Stock of buoyancy aids & shirts 236 76
Debtors & Prepayments 3,413 5,274
81,760 81,760 88,217
CURRENT LIABILITIES
Creditors 2,290 ( 2,290) ( 1,710)
79,470 86,507
Represented by
General Reserve
Balance brought forward 14,662 15,043
Transfer to Capital Reserve 0 0
Surplus/(Deficit) for year 4,617 ( 381)
19,279 19,279 14,662
Capital Reserve
Reserve brought forward 71,845 56,633
Transfer from General Reserve - -
Donations and Grants 3,638 15,212
Purchase of equipment ( 15,292) -
60,191 60,191 71,845
Restricted funds
Restricted funds brought forward 0 0
Grant received for restricted purpose 0 0
Equipment purchased 0 0
0 0 0
79,470 86,507

Approved:

……………………………. M Marcus - Chairman Yoaeen ES ……………………………. G Vickers - Treasurer LOb—

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COLNE VALLEY SPECIAL SAILORS - a charitable incorporated organisation

Notes to the Accounts For The Year Ended 31st October 2024

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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