2024-12-31-accounts - Teesdale Sailing And Watersports Club

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TEESDALE SAILING AND WATERSPORTS CLUB Registered charity number 1159463

TRUSTEES 2024 ANNUAL REPORT

Objects and activities

The objects of the CIO are, for the public benefit:

(1) To promote the community participation in healthy recreation for the benefit of the inhabitants of Teesdale and the surrounding area by the provision of facilities for sailing and other water sports and other such activities as the club shall from time to time decide.
(2) To advance the physical education of young people, especially but not exclusively, of Teesdale and the surrounding area by providing and assisting in the provision of coaching, equipment and facilities for sailing and other water sports.
(3) To help young people, especially but not exclusively through leisure time activities, so as to develop their capabilities that they may grow to full maturity as individuals and members of society.

Our primary activities have focussed on expanding our membership and watersport delivery to our local area, based on a wider use of Grassholme Reservoir.

TEESDALE SAILING AND WATERSPORTS CLUB

Registered charity number 1159463

Achievements and performance

2024 was a year in which participation increased by 21.5% on 2023 and by 89% on 2022. Membership is also up by 43% on 2023 and 37% on 2022. The breakdown is as set out below:

	2024	2023	2022
Wednesday Total	125	210	80
Saturday Total	172	92	194
Sunday Total	706	573	462
Other Total	142	67	29
Total	1,145	942	765
Adult members	69	53	51
Junior members	33	18	23
Total members	102	71	74

The decrease in Wednesday participation levels has been partly due to completion of the programme of club improvement works, particularly to the Club’s Wanderer.

Similarly to 2023, the year seems to have been particularly unfortunate with poor weather impacting the training courses with more than expected cancellations and low attendance.

What has been encouraging this year is the weekend participation figures (878) which has increased by 32% from the previous 2 years (665 and 656) notwithstanding the reduced training programme.

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 members where retention of attendees as members has been better.

The current membership numbers are encouraging, and retention will be a key focus in 2025. To this end there has been liaison with the RYA to discuss improvements in participation. At the end of the season the committee agreed to move to a monthly training programme with an increase in social only sailing, to remove the pressures which some new members might feel when there is racing taking place. It also allows more experienced members to mentor and support those new to the sport, outside a formal training session.

TEESDALE SAILING AND WATERSPORTS CLUB

Registered charity number 1159463

Club Improvements

The Committee has reviewed it’s fleet of boats and whilst satisfied with them at the current time, recognises that it’s Picos are likely to need to be replaced in the coming years as parts for the boats are increasingly expensive. In time, this will most likely make the ongoing maintenance of these boats prohibitive and an alternative but equally versatile craft is likely to be needed.

There has also been a sale of 2 safety boats, surplus and unused equipment. The club successfully obtained funding to acquire a new RIB which will arrive for the 2025 season. This will mean that there will be 2 safety boats and a coach boat available.

In addition, significant time from a small group of members has achieved the reconstruction of the gable end to the clubhouse. At the end of the season a rotten wall plate was discovered under a localised part of the clubhouse which has resulted in slight settlement of the floor and displacement of the timber wall. This will require repair ahead of the next season.

As there are less than 5 years left ion the club lease attempts have been made to engage Northumbrian Water (NWL) to negotiate an new agreement. The short nature of the term remaining under the current lease will preclude grants being made available for investment in the built infrastructure of the club. Sadly NWL have yet to respond at all over the course of the year.

At the end of the season, a fibre internet cable was laid in the road next to the club and an internet connection has been secured with Go Fibre for 2025. This will enable wi-fi calling which will be a significant safety improvement and it will also broaden the appeal of the club, especially to shore based members.

Club Activities

Our approach to providing watersport opportunities continues to be very much community focussed. 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:

6 Picos • 2 RS Fevas • 1 Laser Vago
• 4 Toppers • 1 GP14 • 3 Toppers • 6 Optibats • 2 Laser Bahias • 3 Solos • • 1 Wanderer
1 Optimist •
• 1 RS Tera • 1 Laser

TEESDALE SAILING AND WATERSPORTS CLUB

Registered charity number 1159463

Financial review

We aim to balance our income (excluding grants and financial awards) with our expenditure (excluding grant funded purchases).

In 2024, the Club posted a deficit on our normal activities of £322. After grants received and depreciation, the deficit was £3,093.

Our cash reserves are primarily used to pre-fund major purchases that are wholly or partially covered by grants and awards. The bank balance effective at the end of the year was £42,345, up on the previous year (£34,106).

In light of the reserves available to the Club, we see no reason to change the way in which we operate and manage our finances however retention of members to ensure that the membership fees cover our revenue expenditure is a key priority. In 2025 we will introduce a monthly subscription for members rather than an annual up front fee. This should make it more attractive for new members and improve the affordability of the fees.

Our aim remains to maintain our position of being one of the most accessible community water sport clubs in the region.

Governance, structure and management

The charity is governed by a constitution first prepared on 1[st] November 2014, approved by the Charity Commission on 3[rd] December 2014 and subsequently amended on 24[th] January 2016.

The charity is registered as a Charitable Incorporated Organisation (CIO).

New charity trustees are usually drawn from 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.

The day to day operation of the charity is managed by a Management Committee which meets regularly.

In 2024 our policies were reviewed and our safeguarding, child protection, health and safety, complaints and diversity policies were updated and consolidated into one comprehensive document made available through the website and at the clubhouse.

Reference and administrative details

The name of the charity is “Teesdale Sailing and Watersports Club”.

TEESDALE SAILING AND WATERSPORTS CLUB

Registered charity number 1159463

Other names used by the charity are: “Teesdale Sailing Club” and “TDSWC”.

The charity registration number is “1159463”

The principal address of the charity is The Groom’s Cottage, Wycliffe, Barnard Castle, County Durham, DL12 9TS

The trustees in post at the end of the year (31[st] December 2024) are:

Calum Gillhespy (first appointed 19[th] May 2019 and re-appointed 25[th] August 2024)
Anthony Tubbs (appointed 8[th] July 2020)
Brian Johnson (appointed 27[th] August 2022)
Mark Meadows (appointed 25[th] August 2024)

The charity has no corporate trustees.

On 25th August 2024 Richard Hewitt 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 title to property belonging to the charity on the date of this report.

Exemptions from disclosure

None.

Funds held as custodian trustee on behalf of others

None.

Signed for and on behalf of the Trustees:

Calum Gillhespy (31[st] October 2025)

TEESDALE SAILING & WATERSPORTS CLUB

- Registered Charity No. 1159463

FINANCIAL STATEMENTS

for the

Year Ending 31 DECEMBER 2024

TEESDALE SAILING & WATERSPORTS CLUB

- Registered Charity No. 1159463

The enclosed Income & Expenditure statement for the year ending 31 December 2024 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.

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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 2024

INCOME Membership Fees Donations Other Income Total Income from activities Less: EXPENDITURE RYA Insurance Rent Fuel (Boats) Water Parts and Sundries Accounting and regulatory PayPal Fees/Bank charges Social event costs Clubhouse & Galley repairs 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 Grants Received Durham County Council Grants Deferred TOTAL NET DEFICIT ON ACTIVITIES & FUNDS	10,256 150 2,875	10,256 150 2,875	£ 2024
	759 4,363 580 169 181 1,526 510 255 810 2,971 1,030 312 140		13,281
	1,307 3,053		13,604
			-322

	10,000 -8,411		4,359 1,589

			-3,093

TEESDALE SAILING & WATERSPORTS CLUB Registered Charity No. - 1159463 BALANCE SHEET

as at 31 December 2024

	Accum Dep'n 1,897 1,543 887 882 153 763 19,000 6,566 497 1,328 1,451 5,266 3,213 822 234 2,321 4,119 1,258 51 462 166 238 59 330 206	Dep'n Charge 235 203 167 282 49 370 349 140 11 44 48 173 105 42 12 193 585 338 34 310 111 159 40 221 138		£ 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
128,288 ###### ###### ###### 45,946 -2,592 43,354	53,710	4,359		74,578 10 0 34,106
				34,116
				-360 0
				-360

			108,334
			108,020 314
			108,334