TEESDALE SAILING AND WATERSPORTS CLUB &Wa Registered charity number 1159463 sport TRUSTEES 2023 ANNUAL REPORT Ob'ects and aCtI¥l￿e$ The objects of the CIO are. for the public benefit: {1) To prornote the community participation in healthy recreation foi the benefit of the inhabitsnts of Teesdale and the surrounding area by the provision of facilities for sailing •nd other water sports and other such activities a5 the club shall from time to time decide. 121 To advance the physical education of young people, especially but not exclusively, of Teesdale and the surrounding area by providing and a551Sting in the provision of coaching, equipment and facilities for sailing and other water sports. 131 To help young people, especially but not exclusively through leisure tirne activities, so a5 to develop their capabilities that they may grow to full maturity as individua15 and members of society. Our primary activities have focussed on expanding our membership and watersport delivery to our local area. based oll a wider use of Grassholme Reservoir. TEESDALE SAILING AND WATERSPORTS CLUB Re8lstered charfty number 1159463 Achievements and erformance The instsllation of solar panels and battery storage at the end of 2022 introduced electrical power to the clubhouse, changing rooms and top Storage Shed for the first time. Thi5 Wa$ supplemented by a project to extend the power supply to the bottom shed. 2023 was a year in which the club has expanded iys water based activities with the acquisition of kayaks linked to the corporate membership of the club by the Upper Teesdale Agricultural Support Services (UTASS) and 4 sessions with them through the Together Fund. Unfortunately 2 corporate members being Wilderness Outdoor Education and the Combined Cadet Force left the club during the course of the year. Respectively, this wa5 because the reseNoir is too windy to reliably run events and a lack of engagement with local schoo15 which ha5 seen a relocation to the coast and a bigger club in the hope that this will result in greater engagement. Despite thiss Participation in 2032 stood at: Total 942 Wednesday Total Saturday Total Sunday Total Other Total 210 92 573 67 This compares favourabty to 2022.. Total 765 Wednesday Total Saturday Total Sunday Totsl Other Total 80 194 462 29 The increase in Wednesday participation levels has been partly due to a prograrnme of club improvement works, particularly to the Club's Wanderer. This has seen improvements to 4 versatile boat alongside the Social benefits to the "Happy Wanderers" who did the work. The Club ran a successful Discover Sailing Event in May which it was decided was a better use of our limited resources than running as comprehensive a training programme as happened previously, A sm411 number of club members have continued to provide a training programme which comprised RYA level l and 2 sailing courses, Power Boat 2 and Safety Boat courses. The year seems to have been particularly unfortunate with poor weather impacting the training courses with more than expected cancellations. TEESDALE SAILING AND WATERSPORTS CLUB Wate, Registered charity number 1159463 Experience of the junior training in previous years has informed the allocation of instructor time to operate this on more focussed basis. This has resulted in less overall training sessions for the juniors to facilitate more support for senior member5 where retention of attendees as members has been better. It Is noted with thanks, that this programme is only possible with a significant ¢ommitment from the and those supporting them on the water and ashore. Club Im rovements The new boat park makes the storage of boats and their launch/recovery far easief. The storage shed located at the bottom of the original boat park continues to provide accessible storage for the Club's equipment including that for iys most frequently used fleet boats, many of which are used for training. Time has been spent improving the arrangement and storage aswell as security of the shed following break ins. On the back of BEEP grant funding (Business Energy Efficiency Programmel, the Club has invested in solar panels and battery storage which was installed over the winter of 2022 and has been a very welcome improvement to the Club durlng the 2023 season. The club has also invested in kayaks which supplement the Stand Up Paddle Boards acquired in 2022 and these expand our promotion of the use of paddle craft on the Reservoir. The presence of electricity on site has been a huge help to those member5 who have restored the Club's Wanderer sailing dinghy which adds to the variety of boats at the club. During the year, the club also invested in a new Laser following issues with the delamination of the deck on the previou5 boat. The Committee has reviewed iys fleet of boats and whilst satisfied with them at the current time, recognises that iv5 Picos are likely to need to be replaced in the coming years as parts for the boats are Increasingly expensive. In tirne. this will most likely make the ongoing maintenance of these boats prohibittve and an alternatlve but equally versatile craft is likely to be needed. aub Actfvltl Our approach to providing watersport opportunities continues to be very much community fccussed. The charity had a fleet of sailing dinghies enabling people to participate, whether or not they own a boat. The Club sold a racing Optimist during the year as there was not current demand for this, and it was unlikely to be used productively in the foreseeable future. It was therefore decided to sell the boat and reinvest the funds in the maintenance of the current fleet. The Club maintains a fleet of boats and those currently available to Sail are.. TEESDALE SAILING AND WATERSPORTS CLUB thv￿ ReElStered charity number 1159463 6 Pic05 4Toppers 6 Optibats l Optimist I RS Tera 2 RS Feva5 I GP14 2 Laser Bahias I Wanderer (underwent significant work during the season) l Laser l Laser Vago 3 Toppers 3 So105 nanclal re¥lew We aim to balance our income (excluding gTants and financial awards) with our expenditure (excluding grant funded purchases}. In 2023, the Club posted a deficit on our normal activities of £1,471. After grants received and depreciation, the club posted a modest surplus of £314. Our cash reserves are primarily used to pre-fund major purchases that are wholly or partially tovered by grants and awards. The bank balance effective at the end of the year was £34,106, up slightly on the previous year {£32,4851. In light of the reserves avallable to the Club, we see no reason to change the way in which we operate and manage our finances. Our aim remains to maintain our position of being one of the most accessible community water sport clubs in the region. Govemance structure and mana ement The charity is governed by a constitution first prepared on I" Novernber 2014, approved by the Charity Commission on 3, December 2014 and subsequently amended on 24, January 2016. The charity is registered a5 a Charitsble Intorpordted Organisation ICIOI. New charity trustees are usually drawn fiom the Club's membership and are approached by the board of Trustees. Our constitution also allows for the proposal of Trustees by members. All Trustee appointments are governed by the conditions as laid out in the constitution. TEESDALE SAILING AND WATERSPORTS CLUB Reglsterod chafity number 1159463 The day to day operation of the charity is managed by a Management Committee which meets regularly. Reference and admlnlstrative details The name of the charity 15 Yeesdalesailingand Watersport5 Club.. Other names used bythe charity are.. Yeesdale Sailing Club" and'TD5W￿. The charity registration number is "1159463" The prrncipal address of the charty is The Groom's Cottage. Wycliffe, Barnard Castle, County Durham, DL12 9T5 The trustees in post at the end of the year131" December 20231 are.. Richard Hewitt (appointed 27, August 20231 Calum Gillhespy lappointed 19, May 20191 Anthony Tubbs lappointed 8, July 20201 Brian Johnson (appointed 2T August 20221 The charity has no corporate trustees. On 27th August 2023 Keith Martin retired as a trustee. There have been no charity trustees holding the title to property belonging to the charity- There are no charity trustees holding the tltle to property belonging to the charity on the date of this report. Exemptlons from disdosure None. Funds held as Custodlan trustee on behall of others None. Signed for an alF of the Trustees: Calum Gillhespy (2 Oetobe 241 ## **TEESDALE SAILING & WATERSPORTS CLUB** ## **- Registered Charity No. 1159463** ## FINANCIAL STATEMENTS for the Year Ending 31 DECEMBER 2023 ## **TEESDALE SAILING & WATERSPORTS CLUB** ## **- Registered Charity No. 1159463** The enclosed Income & Expenditure statement for the year ending 31 December 2023 has been compiled by _Butler & Gee_ on our instructions and with information and documentation supplied accordingly. we accept these accounts as an accurate representation of my trading year. **----- Start of picture text -----**
Signed ...................................................................
Date.....................................................
Signed:
on behalf of Butler & Gee
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Date…….………………….. **TEESDALE SAILING & WATERSPORTS CLUB Registered Charity No. - 1159463 INCOME & EXPENDITURE STATEMENT for the year ending 31 December 2023** |**INCOME**
Membership Fees
Boat Parking
Training
Donations
Galley sales
Other Income
**Total Income from activities**
**Less: EXPENDITURE**
RYA
Insurance
Rent
Fuel (Boats)
Gas
Water
Parts and Sundries
Accounting and regulatory
PayPal Fees/Bank charges
Social event costs
Training
Professional & Subscription fees
Safety
Other
**Total Expenditure from activities**
**Net deficit on activities**
Less: Depreciation of assets:
Buildings @ 2%
Equipment & Kit @ 33%
Add: Grants & Subsidies Cashflow:
Durham County Council Covid Grants
Royal Yachting Association|7,934
30
908
1,266
76
1,281|7,934
30
908
1,266
76
1,281|**£**
**2023**| |---|---|---|---| ||**11,495**
150
3,738
580
80
189
109
3,501
360
60
705
1,916
1,212
283
82|**11,495**|| ||**12,966**
**-1,471**
1,333
4,556|**12,966**|| ||||| |||**-1,471**|| ||**5,889**
2,599
5,075|**5,889**|| |||**7,674**|| **TOTAL NET SURPLUS ON ACTIVITIES & FUNDS** **314** ## **TEESDALE SAILING & WATERSPORTS CLUB Registered Charity No. - 1159463 BALANCE SHEET** ## **as at 31 December 2023** |**Fixed Assets**
Changing Room Building
Storage Building
Hodgsons Shed
Shed Base
Safety Hut
Solar Panels & Groundworks
Equipment & Kit
Boats
Boat Shed
Kit
Safety Boat
Dinghys
Outboard
New Trailer
New Radios
RS Tera
Optibats
Paddleboards
Kayak Helmets
Kayaks
Boat Cover
CCTV
CCTV Additional
Laser
Equipment
**Total Fixed Assets**
**Current Assets**
Stock
CAF Bank
Total Current Assets
**Current Liabilities**
Accountancy Accrual
Total Current Liabilities
**Net Assets**
**Retained Surplus**
Retained Surplus
Net Surplus for year||**Asset**
**Cost**
13,669
11,697
9,232
15,001
2,595
19,257
20,058
6,990
529
1,460
1,595
5,790
3,532
950
271
2,906
5,890
2,283|**Accum**
**Dep'n**
**Grant**
**Funded**
**Additions**
1,657
1,335
717
594
103
385
18,478
6,358
481
1,263
1,380
5,008
3,055
759
216
2,032
3,246
753
156
1,400
503
720
180
1,000
624|**Dep'n **
**Charge**
240
207
170
288
50
377
521
209
16
65
71
258
157
63
18
288
873
505
51
462
166
238
59
330
206||**£**
**2023**
**NBV**
11,772
10,154
8,345
14,119
2,443
18,494
1,059
424
32
132
144
524
320
128
37
586
1,771
1,025
104
938
337
482
121
670
418||**£**
**2022**
**NBV**
12,012
10,362
8,515
14,407
2,493
18,872
1,580
632
48
197
215
782
477
191
55
874
2,644
1,529| |---|---|---|---|---|---|---|---|---| ||**123,706**
#REF!
#REF!
#REF!
45,946
-2,592
43,354||**47,821**
**4,582**|**5,889**||||**75,885**
10
32,485| |||||||||**32,495**| |||||||||-360| |||||||||**-360**| |||||||||| ||||||||**108,020**|| ||||||||**97,104**
**10,916**|| ||||||||**108,020**||