OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← Dart Sailability Group

2025-09-30-accounts

The Charity Registration Number is:- 1155753

Dart Sailability Group CIO

Report and Accounts 30 September 2025

Dart Sailability Group CIO

Trustees’ Annual Report for the year ended 30 September 2025

The Trustees present their Report and Accounts for the Year ended 30 September 2025

Reference and administrative details

The charity name.

The legal name of the charity is:- Dart Sailability Group CIO

The charity is also known by its operating name, Dart Sailability

The charity’s area of operation and UK charitable registration.

The charity is registered in England and Wales with the Charity Commission in England and Wales (CCEW) with charity number 1155753

Legal structure of the charity

The charity is constituted as a Charitable Incorporated Organisation (CIO) in England and Wales. The governing document of the charity is the Constitution of the CIO as approved by the Charity Commission in England and Wales (CCEW).

There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.

The Trustees are all individuals.

The principle operating address and web address of the charity are:-

Dolphin Boatyard Registered Address: c/o Darby & Darby Solicitors Kiln Lane 4/5 Hauley Road Galmpton Dartmouth TQ5 0EH TQ6 9AA

www.dartsailability.org

The Trustees in office on the date the report was approved were:-

Kate Graeme-Cook Charlie Hindley Nik Lane Derek Lowe Stuart Saunders Chris Smith Neil Strevens Chris Tamlyn Richard Tonks Chris Wood Paul Wyman

1

Dart Sailability Group CIO

Trustees’ Annual Report for the year ended 30 September 2025

The following persons served as Trustees during the year ended 30 September 2025:- The trustees who served as trustee in the reporting period, and, if applicable their dates of appointment or resignation during the year were:-

Name Appointed Resigned/Retired
Anne Blood 4 April 2022 4 April 2025
Robert Boyd 19 April 2023 12April 2025
Kate Graeme-Cook 30 April 2024
Charlie Hindley 29 April 2025
Nik Lane 30 April 2024
Derek Lowe 19 April 2023
Mike Pleass 4 April 2022 4 April 2025
Juliet Prentice 4 April 2022 4 April 2025
Stuart Saunders 30 April 2024
Chris Smith 29 April 2025
Neil Strevens 29 April 2025
Chris Tamlyn 29 April 2025
Richard Tonks 30 April 2024
Chris Wood 30 April 2024
Paul Wyman 30 April 2024

Objects and activities of the charity

The purposes of the charity as set out in its governing document.

Its objects are to provide or assist in the provision of facilities for the recreation or other leisure time activities for people with disabilities, with the object of improving their conditions of life, in particular, by encouraging recreational and competitive sailing in Devon.

The main activities undertaken in relation to those purposes during the year.

During the year, DSG had 120 members, comprising 47 sailing members with some disability, 73 volunteers (some of whom also have low levels of disability), together with group memberships of 2 care organisations and activity groups. In all, the charity achieved 23 sessions for its disabled members; unfortunately, a further 9 planned sessions were cancelled due to bad weather, 3 due to a safety issue with the hoist used to lift sailors into dinghies, and 1 due to insufficient volunteers attending. Of the sessions cancelled due to weather were racing at Dittisham and the Dartmouth Regatta Parade of Sail, which the Club has had a high success rate in winning the trophy for Best Dressed Boat. All activities took place on the river Dart. Including summer sessions and winter maintenance, it is estimated that the volunteers contributed about 4,800 hours of their own time to the Charity.

The main activities undertaken during the year to further the charity’s purpose for the public benefit.

Over the year the charity has provided sailing and related water-based activities to a broad cross-section of the local community, young and old, male and female and for those with a wide range of disabilities. The service is provided at a moderate cost of £50 per year for individuals and £150-£250 for group memberships. There were provisions to rebate the membership fees in case of hardship. The Trustees have had regard to the Charity Commission’s guidance on public benefit in managing the activities of DSG.

2

The contribution of volunteers during the year.

During the year, DSG had 73 volunteers registered, of whom 59 were active and many of whom have their own disabilities, contributing 460 volunteer days. They continue to turn up both during the sailing season and for winter maintenance sessions (approximately 220 additional volunteer days) to repair boats and equipment ready for the following season. All volunteers receive, at no cost to themselves, certificated training in Disability Awareness, and have access to free RYA courses in sailing and powerboating and more specialised training in safety boat handling, first aid and radio communications.

Fundraising Activities during the year.

The Charity raised funds at several local fairs and events during the year, including Galmpton Gooseberry Pie Fair, Galmpton Autumn Festival and Missing Tackle Sea Shanty Event in Brixham. Winter Social fundraising events included a talk by a disabled sailor about travelling around the world as a disabled person, a talk by the Ocean Conservation Trust and a performance by local duo, Black Gold.

The differences the charity’s performance during the year has made to the beneficiaries of the charity.

During the year, 40 disabled sailors have regularly attended sessions, as have members of the Groups. For all involved, including carers, DSG provided not only access to sailing, but also an opportunity to socialise. There is also an active, well-attended social programme outside sailing days which allows partners to interact with both members and volunteers. DSG activities attracts a wider group than just regular members. It offers ‘Taster Sessions’ to any disabled person who might be considering joining. The numerous carers of members also get to accompany their charges during sailing and motorboating activities and appreciate the beneficial effect they have on their charges.

The degree to which the achievements and performance during the year have benefitted wider society.

DSG has close relationships with its many suppliers, some of whom get first-hand experience of the needs of disabled people and what they can achieve. Its participation in many River- and Harbour-user Groups keeps disability awareness to the fore in the area and the Disabled Guide to the River Dart has been well-received. DSG welcomes the recent installation of a personnel hoist on Dartmouth Jetty and took part in its inauguration and members learned how to use it.

Structure, governance and management of the charity

The methods used to recruit and appoint new charity Trustees.

The recruitment of Trustees is on an ad hoc basis and is driven by the number of existing Trustees and balance of skills required. Unfortunately, there seems to be a general reluctance to volunteer for the responsibility in return for the offer of free activities and qualifications. Word of mouth and announcements in the newsletters of local sailing and disability groups are the usual methods of recruitment. During the year the gender ratio (female/male) was 3/15 and the ratio of Trustees with a disability was 5/15.

All Trustees are appointed in accordance with the provisions of the Constitution and inter alia must offer themselves for re-election every three years.

The Dart Sailability Group (TDSG) was established in 1998 as a registered charity. On 12 February 2014 Dart Sailability Group CIO (DSG) took over the assets and operations of TDSG. DSG is a Charitable Incorporated Organisation regulated by the Charity Commission.

3

The Trustees of DSG have overall responsibility for the charity. The Trustees are elected by the membership in accordance with the provisions contained in its Constitution. Most of the operational roles of DSG are regulated by the Royal Yachting Association (RYA) including all ‘on-water’ activity. DSG’s standards are checked annually by the RYA. The operational activities are delegated to the Management Team, led by the Principal.

The permanent members of the Management Team are:

Responsible to Trustees Responsible to Principal
Principal Maintenance Manager
Chief SailingInstructor MembershipSecretary
Chief Powerboat Instructor SailingManager
SafetyOfficer Social Secretary
Welfare Officer

Risk factors and mitigation.

Risks as to the Charity’s assets: the charity owns its boats and other equipment and has sought to mitigate the concomitant risks by maintaining adequate insurance cover. Further, regular safety and security inspections are undertaken throughout the year by experienced members and professional third parties. As motorboats grow older, the Charity is undergoing a programme of upgrading the steering mechanisms on all boats to be hydraulically driven which is much safer and more reliable than the manual systems. Generally, the costs are being met by specific donations.

Risks as to the Charity’s activities: The Trustees acknowledge the risks concerning safety inherent in the waterborne activities of its members, and in the general safeguarding of its junior and vulnerable adult members, and seeks to mitigate all of these by adherence to guidance issued by the Royal Yachting Association and other appropriate bodies.

Risks as to the Charity’s continuing operation at Dolphin Marina: the owners of the marina have commenced a major refurbishment of the site that could impact the ability of DSG to operate from the location. The Charity maintains very close contact with the site owners to ensure that it can continue to operate during the redevelopment and to secure an affordable permanent facility once the scheme is completed. Rent and mooring fees have more than doubled in the last two years, but it’s hoped there will be no more increases for a protracted period. A very generous donor has covered the full cost of rent and moorings for three consecutive years.

Bankers: CAF (Charities Aid Foundation), 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4TA

4

Dart Sailability Group CIO

Trustees’ Annual Report for the year ended 30 September 2025

Financial review

The charity’s financial position at the end of the year ended 30 September 2025

The financial position of the Charity at 30 September 2025 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:

2025 2024
£ £
Net(expenditure) Income (21,576) 696
Unrestricted Revenue Funds available for the
generalpurposes of the Charity		 42,496 69,039
Designated Fixed Asset Funds
Total Unrestricted Funds 42,496 69,039
Restricted Funds 79,623 74,656
Total Funds 122,119 143,695

Financial review of the position at the reporting date, 30 September 2025.

The Trustees consider the financial performance of DSG during the year to be satisfactory. The Unrestricted Revenue Funds has decreased by £(21,576) during the year, due to a combination of increased costs and a drop in the rate of donations; the Trustees are content that the available funds exceed two years’ operating costs. At the year-end there was continued uncertainty around the proposed re-development of Dolphin Boatyard and how this might affect the operational activities of DSG. There was continued concern that, in the longer term, DSG, would have to pay substantially more for the facilities it requires (pontoon space, storage and car parking). Progress of the re-development has continued at a very slow rate, and it is anticipated that there will be no change to operations during the 2026 season due to this cause.

Policy on reserves.

DSG has no long-term commitments and does not employ any staff. The Trustees have resolved to maintain a reserve of £35,000, equating to about one year’s ordinary operating costs. It is noted that at year end, DSG had substantially more than this in its unrestricted reserves. It is proposed that funds will be transferred from Restricted funds to Unrestricted funds to better reflect the funds available for operating costs as opposed to those for capital expenditure, and to reflect the fact that depreciation is currently shown against unrestricted funds.

Availability and adequacy of assets of each of the funds

The board of Trustees is satisfied that the Charity’s assets in each fund are available and adequate to fulfil its obligations in respect of each fund.

Details of The Independent Examiner

David Blood FCCA

5

Dart Sailability Group CIO

Trustees’ Annual Report for the year ended 30 September 2025

Statement of Trustees’ Responsibilities

The Charity’s Trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005. In view of the fact that SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016) (The SORP).

In particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Trustees are required to:-

The law requires that the Trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for the year.

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and which are sufficient to show and explain the Charity’s transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are also responsible for the contents of the Trustees report, and the statutory responsibility of the Independent Examiner in relation to the Trustees report is limited to examining the report and ensuring that, on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.

This report was approved by the Board of Trustees on: 9 April 2026

Neil Strevens Trustee

6

Dart Sailability Group CIO

Report of the independent Examiner to the Trustees of the Charity on the accounts for the year ended 30 September 2025

I report to the Trustees on my examination of the financial statements of the Charity on pages 9 to 19 for the year ended 30 September 2025 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1[st] January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (the SORP), published by the Charities Commission in England and Wales (CCEW), and under the historical cost convention and the accounting policies set out on page 14.

Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report

As described on page 6, you, the Charity’s Trustees, are responsible for the preparation of the financial statements in accordance with the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.

The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the Governing Document for the conducting of an audit. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.

Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to :-

Basis of Independent Examiner’s Statement and scope of work undertaken

I report in respect of my examination of the Charity’s financial statements carried out under Sect 145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charities Commission under Sect 145(5)(b) of the Act setting out the duties of an Independent Examiner in relation to the conduct of an Independent Examination. An Independent Examination includes a review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breeches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subject to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit go beyond the limited assurance that an independent examination can provide.

Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the Charity, and my report is limited to the matters set out in the statement below.

7

Dart Sailability Group CIO

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report, I obtained written assurances from the Trustees of all material matters.

Independent Examiner’s Statement, Report and Opinion

Subject to the limitations upon the scope of my work as detailed above, I have completed my examination, and can confirm that:-

This is a report in respect of an examination carried out under S145 of the Act and in accordance with the Directions given by the Charity Commission under Sect 145(5)(b) of the Act which may be applicable;

And that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-

Accounting records were not kept in respect of the Charity as required by Sect 130 of the Charities Act 2011;

The financial statements do not accord with those records; or

The financial statements do 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 fair’ view, which is not a matter considered as part of an independent examination;

Have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP).

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 financial statements to be reached.

Signed:-

David Blood FCCA The Gables Yonder Meadow Stoke Gabriel TQ9 6QE

This report was signed on: 10 April 2026

8

Dart Sailability Group CIO – Statement of Financial Activities for the year ended 30 September 2025

Statement of Financial Activities for the year ended 30 September 2025

SORP
Ref		 Current Year
Unrestricted
Funds		 Current
Year
Restricted
Funds		 Current
Year Total
Funds		 Prior Year
Total
Funds
2025
£		 2025 2025 2024
Income & Endowments from:
Donations and Legacies A1 11,311 16,967 28,278 46,929
Charitable Activities A2
Investments A4 1,418 1,418 1,640
Other A5 2,236 2,236
Total Income A 14,965 16,967 31.932 48,569
Expenditure on:
RaisingFunds B1 353 353 2,554
Charitable Activities B2 41,155 12000 53,155 45,319
Total Expenditure B 41,508 12000 53,508 47,873
Net(expenditure)/income for theyear (26,543) 4,967 (21,576) 696
Reconciliation of funds:- E
Total funds brought forward 69,039 74,656 143,695 142,999
Total funds carried forward 42,496 79,623 122,119 143,695

The ‘SORP Ref’ indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.

All activities derive from continuing operations.

The notes attached on pages 15 to 19 form an integral part of these accounts.

9

Dart Sailability Group CIO – Statement of Financial Activities for the year ended 30 September 2025

Dart Sailability Group CIO – Resources applied in the year ended 30 September 2025 towards fixed assets for Charity use:-

2025
£		 2024
£
Fundsgenerated in theyear as detailed in the SOFA (21,575) 696
Resources applied on functional fixed assets (21,355)
Net resources available to fund charitable activities (21,575) (20,659)

The resources applied on fixed assets for Charity use represents the cost of additions less proceeds of any disposals.

Movements in revenue and capital funds for the year ended 30 September 2025

Revenue accumulated funds

Unrestricted
Funds
2025
£		 Restricted
Funds
2025
£		 Total
Funds
2025
£		 Last Year
Total Funds
2024
£
Accumulated funds brought forward 69,039 74,656 143,695 142,999
Recognisedgains and losses before transfers (26,543) 4,967 (21,576) 696
(From)/To unrestricted revenue funds
Closing Revenue Funds 42,496 79,623 122,119 143,965

The notes attached on pages 15 to 19 form an integral part of these accounts

10

Dart Sailability Group CIO – Statement of Financial Activities for the year ended 30 September 2025

Dart Sailability Group CIO

Income and Expenditure Account for the year ended 30 September 2025 as required by the Companies Act 2006

2025
£		 2024
£
Income
Income from donations and legacies 28,278 46,929
Investment income
Interest receivable 1,418 1,640
Other operatingincome 2,236
Gross Income in theyear before exceptional items 31,932 48,569
Gross Income in theyear including exceptional items 31,932 48,569
Expenditure
Charitable expenditure,excludingdepreciation and amortisation 35,648 26,318
Depreciation and amortisation 17,506 19,001
Fundraisingcosts 353 2,554
Realised losses on disposals of social investments which are programme
related
Total Expenditure for theyear 53,507 47,873
Net income before tax in the financialyear (21,575) 696
Tax on surplus on ordinaryactivities 0
Net income after tax in the financialyear (21,575) 696
Retained surplus for the financialyear (21,575) 696

All activities derive from continuing operations

In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the Charity’s activities.

The notes attached on pages 15 to 19 form an integral part of these accounts

11

Dart Sailability Group CIO – Balance Sheet as at 30 September 2025

Note SORP Ref 2025
£		 2024
£
Fixed Assets A
Tangible Assets 7 A2 54,115 71,621
Current Assets B
Cash at bank and in hand B4 68,004 72,074
Net Current Assets 68,004 72,074
The Total Net Assets of the Charity 122,119 143,695

The total net assets of the Charity are funded by the funds of the Charity, as follows:-

Restricted Funds
Restricted Revenue Funds 16 D2 79,623 74,656
Unrestricted Funds
Unrestrictive Revenue Funds 16 D3 42,496 69,039
Designated Funds
Designated Fixed Asset Funds 16 D3
Total Charity Funds 122,119 143,695

The ‘SORP Ref’ indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA.

The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts.

The Charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 8.

The Trustees are satisfied that, although the Charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006, applicable to companies subject to the small companies regime.

Neil Strevens

Trustee Approved by the Board of Trustees on 9[th] April 2026

The notes attached on pages 15 to 20 form an integral part of these accounts .

12

Dart Sailability Group CIO

Notes to the Accounts for the year ended 30 September 2025

1 Accounting policies

Policies relating to the production of the accounts.

Basis of preparation and accounting convention

The accounts have been prepared on the accruals basis, under the historic cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1[st] January 2016) and ‘FRS 102 SORP’ (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), published by the Charity Commission in England and Wales (CCEW), effective January 2016, and in accordance with all applicable law in the charity’s jurisdiction of registration, except that the Charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done in accordance with current best practice.

Risks and future assumptions

The risk factors are detailed on page 3 of the report.

Policies relating to categories of income and income recognition.

Nature of income

Gross Income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Categories of Income

Income is categorised as income from exchange transactions (contract income) and income from nonexchange transactions (gifts), investment income and other income.

Income from exchange transactions is received by the Charity for goods and services supplied under contract or where entitlement is subject to fulfilling performance-related conditions. The income the Charity receives is approximately equal in value to the goods or services supplied by the Charity to the purchaser.

Income from a non-exchange transaction is where the Charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.

Income recognition

Income, whether from exchange or non-exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the Charity’s assets or a reduction in its liabilities and only when the Charity has legal entitlement, the income is probable and can be measured reliably.

Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.

All income is accounted for gross, before deducting any related fees or costs.

13

Dart Sailability Group CIO

Notes to the Accounts for the year ended 30 September 2025

Donated goods, facilities and services

Donated fixed assets are recognised at the current fair value. All such donations are recognised as donation income and debited to fixed assets.

Donated goods that are not fixed assets are accounted for at a fair value, unless it is impractical to reliably measure the value of the donated items.

In the absence of any direct evidence of fair value of donated goods, then a value is derived from the cost of the item to the donor or, in the case of goods that are expected to be sold, the estimated resale value after deducting any anticipated costs of sales.

If it is impracticable to measure the fair value of goods donated for resale, or the costs of valuation outweigh the benefits, the donated goods are recognised as income when sold, with an equivalent amount being recognised as an expense.

The costs of goods donated to beneficiaries is deemed to be the fair value of those goods on receipt. When the goods are distributed freely or for a nominal consideration, then the carrying amount is adjusted at the time of sale, to the value at the point of distribution and the adjustment is shown as a cost of donations made.

The carrying amount of any stock held for distribution is assessed for impairment at the reporting date. All donated goods are recognised as donation income and debited to trading stock. When trading stock is subsequently sold, or appropriated to meet an expense, then the carrying value of the stock is recognised as an expense. In accordance with the SORP, goods donated for distribution to beneficiaries, or for consumption by the Charity are included in ‘ legacies and donations’. Goods donated for resale are included in ‘ Income from other trading activities’ .

The cost of any stock donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt. If the goods held are to be distributed freely or for a nominal consideration, then the carrying amount is subsequently adjusted to reflect the lower of deemed cost adjusted for any loss of service potential and replacement cost. Replacement cost is the economic cost incurred if the Charity was to replace the service potential of the donated goods at its own expense in the most economic manner.

Donated services and facilities (including seconded staff and use of property) are included in the accounts on the basis of the value of the gift to the Charity.

All donated services and facilities are recognised as donation income when received, (provided the value of the gift can be measured reliably) and recognised as an expense. In cases where this is not quantifiable no recognition has been made in the accounts.

Membership subscriptions

The income and any associated Gift Aid or other tax refund from a membership subscription received by the Charity in the nature of a gift, is accounted for on the same basis as a donation.

The income from a membership subscription received by the Charity where the subscription purchases the right to services or benefits is recognised as income from charitable activities.

Policies relating to expenditure on goods and services provided by the Charity

Allocating costs to activities

Direct costs that are specifically related to an activity are allocated to that activity. Shared direct costs and support costs are apportioned between activities. The basis for apportionment, which is consistently applied, and proportionate to the circumstances, is:-

Staffing – on the basis of time spent in connection with any particular activity. Staffing - on a per capita basis, based on the number of people employed within any particular activity. Premises-related costs – on the proportion of floor area occupied by a particular activity.

Non-specific support costs – on the basis of the usage of resources, in terms of time taken, capacity used, request made or other measures.

14

Dart Sailability Group CIO

Notes to the Accounts for the year ended 30 September 2025

Estimation techniques used in apportioning costs - give details

Volunteers

In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the Charity. However, the Trustees value the significant contribution made to the activities of the Charity by unpaid volunteers and this is described more fully in Note 6.

Policies relating to assets, liabilities and provisions and other matters.

Tangible fixed assets

Tangible fixed assets are measured at their original cost value, or subsequent revaluation. Cost value includes all costs expended in bringing the asset into its intended working condition.

Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.

Sailing and motor craft - 10% straight line Outboard engines, sails, rigging and trailers – 20% straight line Items costing less than £500 are not capitalised

An annual review of the likelihood of asset impairment will continue to be undertaken.

Debtors

Debtors are measured at their recoverable amounts at the balance sheet date.

Fund Accounting

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity.

Designated funds are unrestricted funds earmarked by Trustees for particular purposes.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law.

2 Liability to taxation

The Trustees consider that the Charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the Charity and for no other purpose. Value Added Tax is not recoverable by the Charity and is therefore included in the relevant costs in the Statement of Financial Activities.

3 Winding up or dissolution of the Charity.

If upon winding up or dissolution of the Charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the Charity.

4 Significance of financial instruments to the charity’s position

There are no such instances

5. Net (deficit)/surplus before tax in the financial year

2025
£		 2024
£
The net(deficit)/surplus before tax in the financialyear is stated after charging:-
Depreciation of owned fixed assets 17,506 19,001

15

Dart Sailability Group CIO

Notes to the Accounts for the year ended 30 September 20XX

6 The contribution of volunteers

The charity depends on the support of its volunteers, which is much appreciated. The Charity had volunteers who donated 4,800 hours of their time. The arrangements with volunteers are difficult to value precisely in monetary terms and have not been recognised in the Statement of Financial Activities. The volunteers and the Charity accept and agree that no contract is created by these arrangements.

7. Tangible fixed Assets

Cost Land &
Buildings
£		 Sailing &
Motor Craft
£		 Motor
Vehicles
£		 Total
£
At 1 October 2024 271,065 271,065
Additions
At 30 September 2025 271,065 271,065
Depreciation
At 1 October 2024 199,444 199,444
Change for theyear 17,506 17,506
At 30 September 2025 216,950 216,950
Net book value
At 30 September 2025 54,115 51,115
At 30 September 2024 71,621 71,621

8 Income and Expenditure account summary

8 Income and Expenditure account summary
2025
£		 2024
£
At 1 October 2024 143,695 142,999
(Loss)/surplus after tax for theyear (21,576) 696
At 30 September 2025 122,119 143,695

9 Particulars of how particular funds are represented by assets and liabilities

At 30 September 2025 Unrestricted
Funds
£		 Designated
Funds
£		 Restricted
Funds
£		 Total
Funds
£
Tangible fixed assets 54,115 54,115
Current assets (11,619) 79,623 68,004
Totals 42,496 79623 122,119
At 1 October 2024
Tangible fixed assets 71,621 71,621
Current Assets (2,582) 74,656 72,074
Totals 69,039 74,656 143,695

16

Dart Sailability Group CIO

Notes to the Accounts for the year ended 30 September 2025

10 Change in total funds over the year, analysed by individual funds

Unrestricted and designated funds:- Funds
brought
forward
from 2024
£		 Movement
in Funds in
2025
£		 Transfers
between
funds 2025
£		 Funds
carried
forward
to 2026
£
Unrestricted Revenue Funds 69,039 (26,543) 42,496
Designated Fixed Asset Funds
Total unrestricted and designated funds 69,039 (26,543) 42,496
Restricted Funds:-
Total Restricted Funds 74,656 4,967 79,623
Total Charity Funds 143,695 (21,576) 112,119

11 The purposes for which the funds as detailed in Note 10 are held by the Charity are:-

Unrestricted and designated funds:-

Unrestricted Revenue Funds

Unrestricted Revaluation Reserve Designated Revenue Funds Designated Fixed Asset Funds

These funds are held for meeting the objectives of the Charity, and to provide reserves for future activities, and, subject to charity legislation, are free from all restrictions on their use.

This fund represents the unrestricted surplus arising on the revaluation of the Charity’s assets.

No such funds are currently held

The fund represents future expenditure allocated for the purchase of sailing and motor craft.

Restricted Funds:-

Restricted Fixed Asset Funds

Restricted Revaluation Reserve

The purpose of these funds is described under the accounting policy ‘Accounting for capital grants and fixed asset funds’ This fund represents the restricted surplus arising on the revaluation of the Charity’s assets.

12 Ultimate controlling party

The Charity is under the control of its legal members.

17

Dart Sailability Group CIO

Detailed analysis of income and expenditure for the year ended 30 September 2019 as required by the SORP 2015

This analysis is classified by conventional nominal descriptions and not by activity.

13 Donations and Legacies

Donations andgifts from Individuals Current year
Unrestricted
Funds 2025
£		 Current Year
Restricted
Funds 2025
£		 Current
year Total
Funds 2025
£		 Prior Year
Total Funds
2024
£
Total donations andgifts from individuals 10,960 16,967 27,927 46,721
Membership subscriptions as donations 351 351 208
Total Donations and Legacies A1 11,311 16,967 28,278 46,929

14 Income from charitable activities – Trading activities

Primary purpose and ancillary trading Current year
Unrestricted
Funds 2025
£		 Current Year
Restricted
Funds 2025
£		 Current
year Total
Funds 2025
£		 Prior Year
Total Funds
2024
£
Sale of goods and services in accordance with the
Charity’s objectives		 3,129 3,129 146.55
Social Events (893) (893) (1,336.30)
Total Primary purpose and ancillary trading 2,236 2,236 (1,189.75)

15 Total Income from charitable activities

Current year
Unrestricted
Funds 2025
£		 Current Year
Restricted
Funds 2025
£		 Current
year Total
Funds 2025
£		 Prior Year
Total Funds
2024
£
Total income from charitable trading 13,547 16,967 30,514 46,929
Total income from charitable activities. A 13,547 16,967 30,514 46,929

16 Investment Income

Current year
Unrestricted
Funds 2025
£		 Current Year
Restricted
Funds 2025
£		 Current
year Total
Funds 2025
£		 Prior Year
Total Funds
2024
£
Bank interest receivable 1418 1,418 1,640.35
Total Investment Income A4 1418 1,418 1,640.35

18

Dart Sailability Group CIO

Detailed analysis of income and expenditure for the year ended 30 September 2025 as required by the SORP 2015

17 Expenditure on charitable activities – Direct spending

Current year
Unrestricted
Funds 2025
£		 Current Year
Restricted
Funds 2025
£		 Current
year Total
Funds 2025
£		 Prior Year
Total
Funds 2024
£
Mooringfees 12,000 12,000
Insurance fees 4,297 4,297 4203.15
Minor equipment and maintenance 12,597 12,597 11,641.16
Runningcosts 1,034 1,034 996.85
Relocation expenditure 5,790.77
Total Direct Spending B2a 17,928 12,000 29,928 22,631.93

18 Support costs for charitable activities

Administrative Overheads Current year
Unrestricted
Funds 2025
£		 Current Year
Restricted
Funds 2025
£		 Current
year Total
Funds 2025
£		 Prior Year
Total
Funds 2024
£
Stationeryandprinting 14
UtilitySubscriptions 450 450 486
Sundryexpenses 2,603 2,603 736
Volunteer expenses 1,763 1,763 176
Training 650 650 1,311
Financial Costs
Depreciation and amortisation in total for theyear 17,506 17,506 19,001
Bank charges 60 60 60
Support costs before reallocation
Governance costs 195 903
Total Support Costs 23,227 23,227 22,687

The basis of allocation of costs between activities is described under accounting policies

19 Total Charitable Expenditure

Current year
Unrestricted
Funds 2025
£		 Current Year
Restricted
Funds 2025
£		 Current
year Total
Funds 2025
£		 Prior Year
Total
Funds 2024
£
Total Direct SpendingB2a 17,928 12,000 29,928 22,632
Total Support CostsB2d 23,227 23,227 22,687
Totalpromotional costs 353 353 2,554
Total Charitable Expenditure B2 41,508 12,000 53,508 47,873

19