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2020-12-31-accounts
| Reference and Administrative Details |
1 |
| Trustees' Report |
2 to 6 |
| Statement of Trustees' Responsibilities |
7 |
| Independent Examiner's Report |
8 |
| Statement of Financial Activities |
9 to 10 |
| Balance Sheet |
11 |
| Notes to the Financial Statements |
12 to 22 |
14/06/2021
|
|
Unrestricted |
Restricted |
Total |
|
|
funds |
funds |
2020 |
|
Note |
£ |
£ |
£ |
| Income and Endowments from: |
|
|
|
|
| Donations and legacies |
|
15,105 |
12,403 |
27,508 |
| CJRS income |
|
98,830 |
|
98,830 |
| Grants, including capital grants |
|
118,715 |
1,000 |
119,715 |
| Provision ofwatersport and educational |
|
|
|
|
| activities |
2 |
41,361 |
|
41,361 |
| Other trading activities |
3 |
78,571 |
|
78,571 |
| Investment income |
|
3 |
|
3 |
| Total Income |
|
352,585 |
13,403 |
365,988 |
| Expenditure on: |
|
|
|
|
| Raising funds |
4 |
(5,826) |
|
(5,826) |
| Charitable activities |
5 |
(369,924) |
(8,994) |
(378,918) |
| Total Expenditure |
|
(375,750) |
(8,994) |
(384,744) |
| Net movement infunds |
|
(23,165) |
4,409 |
(18,756) |
| Reconciliation of funds |
|
|
|
|
| Total funds brought forward |
|
133,136 |
69,434 |
202,570 |
| Total funds carried forward |
17 |
109,971 |
73,843 |
183,814 |
|
|
Unrestricted |
Restricted |
Total |
|
|
funds |
funds |
2019 |
|
Note |
£ |
£ |
£ |
| Donations and legacies |
|
5,976 |
46,856 |
52,832 |
| Grants |
|
88,482 |
2,000 |
90,482 |
| Provision ofwatersport and educational |
|
|
|
|
| activities |
2 |
259,613 |
|
259,613 |
| Other trading activities |
3 |
170,206 |
|
170,206 |
| Investment income |
|
7 |
|
7 |
| Total Income |
|
524,284 |
48,856 |
573,140 |
| Income and Endowments from: |
|
|
|
|
| Expenditure on: |
|
|
|
|
| Raising funds |
4 |
(28,263) |
|
(28,263) |
| Charitable activities |
5 |
(471,050) |
(38,635) |
(509,685) |
| Total Expenditure |
|
(499,313) |
(38,635) |
(537,948) |
| Net movement infunds |
|
24,971 |
10,221 |
35,192 |
|
|
Unrestricted |
Restricted |
Total |
|
|
funds |
funds |
2019 |
|
Note |
£ |
£ |
£ |
| Reconciliation of funds |
|
|
|
|
| Total funds brought forward |
|
108,165 |
59,213 |
167,378 |
| Total funds carried forward |
17 |
133,136 |
69,434 |
202,570 |
| 31 December2020 |
|
|
|
|
|
2020 |
2019 |
|
Note |
£ |
£ |
| Fixed assets |
|
|
|
| Tangible assets |
12 |
195,577 |
228,253 |
| Current assets |
|
|
|
| Stocks |
13 |
1,305 |
2,032 |
| Debtors |
14 |
225,981 |
212,860 |
| Cash at bank and in hand |
|
104,886 |
1,736 |
|
|
332,172 |
216,628 |
| Creditors: Amounts falling due within one year |
15 |
(122,546) |
(197,589) |
| Net current assets |
|
209,626 |
19,039 |
| Total assets less current liabilities |
|
405,203 |
247,292 |
| Creditors: Amounts falling due after more than one year |
16 |
(221,389) |
(44,722) |
| Net assets |
|
183,814 |
202,570 |
| Funds of the charity: |
|
|
|
| Restricted funds |
|
73,843 |
69,434 |
| Unrestricted income funds |
|
|
|
| Unrestricted funds |
|
109,971 |
133,136 |
| Total funds |
17 |
183,814 |
202,570 |
| Asset class |
Depreciation method and rate |
| Watersports equipment |
10% straight line |
| Computer equipment |
25% straight line |
| Furniture and fixtures |
25% straight line |
| Motor vehicles |
25% reducing balance |
2 |
Income from charitable activities |
|
|
|
|
|
Unrestricted |
|
|
|
|
general |
Total |
Total |
|
|
funds |
2020 |
2019 |
|
|
£ |
£ |
£ |
|
Watersport and educational courses |
41,361 |
41,361 |
259,613 |
| 3 |
Income from trading activities |
|
|
|
|
|
Unrestricted |
|
|
|
|
general |
Total |
Total |
|
|
funds |
2020 |
2019 |
|
|
£ |
£ |
£ |
| Fees and supplies |
|
22,306 |
22,306 |
17,267 |
| Accommodation and hire income |
|
56,265 |
56,265 |
152,939 |
|
|
78,571 |
78,571 |
170,206 |
|
|
|
Un restricted |
|
|
|
|
|
general |
Total |
Total |
|
|
|
funds |
2020 |
2019 |
|
|
|
£ |
£ |
£ |
| Marketing |
and |
publicity |
5,826 |
5,826 |
28,263 |
5
Expenditure on charitable a |
ctivities |
|
|
|
|
Unrestricted |
|
|
|
|
general |
Restricted |
Total |
Total |
|
funds |
funds |
2020 |
2019 |
|
£ |
£ |
£ |
£ |
| Watersport and educational |
|
|
|
|
| activities |
18,267 |
|
18,267 |
56,957 |
| Direct staffcosts |
232,104 |
1,000 |
233,104 |
269,408 |
| Premises costs |
70,844 |
|
70,844 |
123,634 |
| Depreciation |
27,098 |
7,994 |
35,092 |
31,772 |
| Bank charges |
18,361 |
|
18,361 |
24,164 |
| Governance costs |
3,250 |
|
3,250 |
3,750 |
|
369,924 |
8,994 |
378,918 |
509,685 |
|
|
Unrestricted |
|
|
|
|
general |
Total |
Total |
|
|
funds |
2020 |
2019 |
|
|
£ |
£ |
£ |
| Independent examiner fees |
|
|
|
|
|
Examination ofthefinancial statements |
3,250 |
3,250 |
3,750 |
|
|
3,250 |
3,250 |
3,750 |
| 7 |
Net incoming/ (outgoing) resources |
|
|
|
| Net incoming/ (outgoing) resources for the year include: |
|
|
|
|
|
|
|
2020 |
2019 |
|
|
|
£ |
£ |
| Depreciation of fixed assets |
|
|
35,092 |
31,772 |
| The aggregate payroll costs were as follows: |
|
|
|
2020 |
2019 |
|
£ |
£ |
| Staff costs during the year were: |
|
|
| Wages and salaries |
233,104 |
269,408 |
|
|
|
|
|
2020 |
2019 |
|
|
|
|
|
No |
No |
| Full |
and |
part |
time |
employees |
12 |
12 |
2020 |
2019 |
| £ |
£ |
| 3,250 |
3,750 |
|
Furniture |
|
|
Other |
|
|
and |
Motor |
Computer |
tangible |
|
|
equipment |
vehicles |
equipment |
fixed asset |
Total |
|
£ |
£ |
£ |
£ |
£ |
| Cost |
|
|
|
|
|
| At 1 January 2020 |
27,259 |
3,718 |
3,693 |
309,394 |
344,064 |
| Additions |
450 |
1,500 |
|
466 |
2,416 |
| At 31 December |
|
|
|
|
|
| 2020 |
27,709 |
5,218 |
3,693 |
309,860 |
346,480 |
| Depreciation |
|
|
|
|
|
| At 1 January 2020 |
22,224 |
3,382 |
2,583 |
87,622 |
115,811 |
| Charge for the year |
2,894 |
460 |
672 |
31,066 |
35,092 |
| At 31 December |
|
|
|
|
|
| 2020 |
25,118 |
3,842 |
3,255 |
118,688 |
150,903 |
| Net book value |
|
|
|
|
|
| At 31 December |
|
|
|
|
|
| 2020 |
2,591 |
1,376 |
438 |
191,172 |
195,577 |
| At 31 December |
|
|
|
|
|
| 2019 |
5,035 |
336 |
1,110 |
221,772 |
228,253 |
13 Stock |
|
|
|
|
|
|
|
|
|
2020 |
2019 |
|
|
|
|
£ |
£ |
| Stocks |
|
|
|
1,305 |
2,032 |
| 14 Debtors |
|
|
|
2020 |
2019 |
|
£ |
£ |
| Trade debtors |
79,981 |
111,344 |
| Duefrom group undertakings |
127,100 |
82,900 |
| Prepayments |
3,559 |
14,089 |
| Other debtors |
15,341 |
4,527 |
|
225,981 |
212,860 |
| 15 Creditors: amounts falling due within one year |
|
|
|
2020 |
2019 |
|
£ |
£ |
| Bank overdrafts |
|
34,476 |
| Trade creditors |
3,060 |
16,505 |
| Loans |
31,225 |
7,892 |
| Othertaxation and social security |
2,825 |
5,069 |
| CJRS overclaimed |
5,757 |
|
| Other creditors |
234 |
805 |
| Accruals |
7,220 |
22,200 |
| Deferred income |
72,225 |
110,642 |
|
122,546 |
197,589 |
| 16 Creditors: amounts falling due after one year |
|
|
|
2020 |
2019 |
|
£ |
£ |
| Loan |
221,389 |
44,722 |
| 17 Funds |
|
|
|
|
|
|
|
|
Balance at |
|
Balance at 1 |
Incoming |
Resources |
31 December |
|
January 2020 |
resources |
expended |
2020 |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General |
|
|
|
|
| Unrestricted funds |
133,136 |
352,585 |
(375,750) |
109,971 |
| Restricted funds |
|
|
|
|
| Restricted funds |
69,434 |
13,403 |
(8,994) |
73,843 |
| Total funds |
202,570 |
365,988 |
(384,744) |
183,814 |
|
|
|
|
Balance at |
|
Balance at 1 |
Incoming |
Resources |
31 December |
|
January 2019 |
resources |
expended |
2019 |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General |
|
|
|
|
| Unrestricted funds |
108,165 |
524,284 |
(499,313) |
133,136 |
| Restricted funds |
|
|
|
|
| Restricted funds |
59,213 |
48,856 |
(38,635) |
69,434 |
| Total funds |
167,378 |
573,140 |
(537,948) |
202,570 |
|
Unrestricted |
Restricted |
|
|
general funds |
funds |
Total funds |
|
£ |
£ |
£ |
| Tangible fixed assets |
135,848 |
59,729 |
195,577 |
| Current assets |
318,058 |
14,114 |
332,172 |
| Current liabilities |
(99,213) |
|
(99,213) |
| Creditors over 1 year |
(244,722) |
|
(244,722) |
| Total net assets |
109,971 |
73,843 |
183,814 |