## **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**
**----- 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|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**
**----- Start of picture text -----**
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
**----- 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
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8
9
10
11
12
13
14
15
16
17
18
19
20
**----- End of picture text -----**
– 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)**|
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 ----
2
**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—
5
## **COLNE VALLEY SPECIAL SAILORS - a charitable incorporated organisation**
## **Notes to the Accounts For The Year Ended 31st October 2024**
- 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