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2023-03-31-accounts

CHARITY COMMISSION | FOR ENGLAND AND WALES Trustses, Annual Reportfor the period From April 2022 Period stsrt date To 31￿ March 2023 Perfod end date Charity name: Lancashlrn School Saillng Association Charity registratlon number. 1169755 Objectives and Activities Summary of the purposes of the chartty as set out in its governing document P¥41.17 To advance the education of people up to the age of 25 in all aspects of watersports. primarily. but not exclusively, sailing and associated activities in (xder to irnprove their condition of lrfe. The following acts¥itie5 were completed for this period are:_ Flshmoor & Spade Mlll the Associations venues day / evening activities, March to Oct for small groups of YP to enjoy paddling and sailing on vnter sessions. Flshmoor Boathwse planning was again sl( during the yeaT for an ambits'ous project to provide a new boathouse and secure boat storage at our Fishrnoor venue. Spade Mlll Bulldlng progressed again slowly to improve our existing building at our second venue at Spade Mill resefvoir nr. Preston. The Associations Trustees have had regard to the guidance issued by the Charity Comrnission on public benef Summary of the main adivities in relation to those purposes for the publ benefft, in particular. the activities. projects or ser¥1￿8 identtfi8d in the Pwa 1.17•xl Statement confiming whether the trustees h had regard to the guid￿ issued by the Chaiity Commission on publi benefft P￿1.10 Addlilonal Inforniatlon (opllonal) Youm choose to indude further sL￿ter￿ts where relevant about: Policy on grant ffAkiThJ P•* 1.38 WA Pdicy on soo4 In￿st￿nt indudiw program relaled investment Contribution made by volunteers Pm1. NIA Pw• 1.38 The Association relies entirely on members v(Aunteering their time, mainly through the LSSASailing Committee, to enable the running of a varied annual pragramme of vRter sports. NIA

Achievements and Perf0M￿nCe The Associations aim 'to advance the education of Young People in all aspects of Tatersports' was achieved by a pro8rarnme of events during the year. Our annual programme of activities include:_ Managing and operating our dedicated water sports centres at Ashmoor (Blackburnl & Spade Mlll ILon8ri(el resefvoirs. These venues were open between March and Oct for our members to allow small groups of Young People IYPI to enjoy water activities e.g. paddling and sailin& New Ashmoor Boathouse fundraisiTrd during 2022123 did not progress further and remains at £8.260 to be used t￿WardS planning and building costs. Spade Mlll 8ulldln8 no improvements were completed during 2022123. Waterday w/e watersports event during 1611T' July 2022 on Lake Coniston for 250 You Peo Summary oflhe main achievements of the Charity, identrfying the differen￿ the charrty's work has m to the circumstances of its beneficiaries and any wider beneffts to soc as a whde. Pm120 Addftlonal InfonThaUon (optlonal) You ma choose to indude further sLqtenwrrts vtt*re relevant abcxrt: Athievements aganst NIA obJ￿￿"Ve$ set Perfomance of fundrdisi activities against Ob￿'Ve$ NIA Pwa 1.41 Investment perforn￿￿e against objecttves WA Other NIA

Financial Review Revitrw of the dwrity's finanoal FQsitl(￿ ai the erKI of the period P¥•121 The Association5 Financial audtted accounts lattachedl. are complianL the main points are:. Grants totall1￿ £11.874 Training £5.373 Insurance5 £2,433 The agreed policy is to hold reserves in an arnount to cover the Associations fixed expenditure plus evenvproject committed costs i.e. Fishmoor and Spade Mill building Statement explaining the policy for holding reserves stating why they are held Pwa122 AnK)unl of reser4es held Pm122 As of agreeing thi5 report. until the end of the current FY. these totsl £12.033 NIA Reasons for hdding zero reserves Details of fvnd materially in defiat Explanation of any uncyrtainties abcxrt the harity conlinuing as a goiNJ ¢0￿M Pw•12Z P*•124 NIA Pwa123 WA Addlllonal Informatlon lopuonal) Youm oose to indude further Staterr￿nts where relevant ab(xrt: The charity's prinopal Pwa 1.47 The Associations principal source of funding are sources of funds {indudiNJ usually through-_ any fundraising) Mernbership & Water fees and other Contributions. Grant funding from statutory and Local & National Chatities. Investment policy and objectives including any social investment policy Pwa 1.16 NIA A description of the primypal risks facing the charity Pwa 1.46 NIA NIA

Structure, Governance and Management Description of charity's Type of goveming dI￿rt￿nI kn12S Chanty Comnission How is the chanty constituted? 125 cio Trustee selection methods induding details of any constitutional probl￿on5 e.g. election to p￿t or name of any Ferson or b(%Jy entrtled lo app(xnt one or mo trustees P*•125 constrtuts.onal provision for election by all

ts"ng members at General Meetings or bv appointment by existing trustees at any time. Addltlonal Informatlon (opoonal) You ma choose to indude further ststerrEnts where relevant about.. Poliaes and procdures Lancashire Scho)I Sailing A$s￿latIOn ILSSAI adopted for the induction operates in accordance with a suite of policies, and training of tmstees procedures and stsndard operatin8 procedures {SOPsl. This includes an induction pack for trustees. given to new tWStees when they are elected. Since to fom)ation of our charity it has been the policy of creating nffw relationships Wlth other youth related groups and has resulted in the following new group members:_ 2016- 2018 three new users groups. 2018- 2020 two new user groups. 2020- 2021 one new user group. 2021- 2022 three new user 8roups 2022- 2023 four new user groups WA The chanty's organtsational structure and any wider network with which the charity works Pwa 1.51 Relationship wilh any related parties Pw 1.51 Other NIA Reference and Administrative details Cha name Other name the cha ' istered cha number Chartty's prinupal aldress Lancashire Schcd Sailin LSSA 1169755 16. Losto(* Road Croston Lar￿shIre PR26 9HT

Names of the charlty trust•os manago tho charity Tru•t•• naffv4 (hTr• Illanyl Nam• of p•rnon lor body) enl?tl•d int trusts• Ifan Carf Coughlan Adrian Worthiffjton Sarah Wcas Rachael Astley John Mccann Chair 10 12 13 14 15 16 17 18 19 20 e trustees- names of the direth at the date the Dlrnctor nam• NIA was Name of trustees holdiThJ tille to prowty be￿￿1￿j to the charity Tru•t•• n•m• NIA

Funds held as custodian trustees on behalf of others Descripts'on of the assets NIA held in this ca Name objecis of the charity on whose behalfthe assets are held and how this falls within the uJstodian NIA Details of arrangen￿ts for safe custL¥Jy and segregakn'on of $L￿h assets from the tharity's assets NIA Addluonal Inforniation (optlonal) Names and addresses of 8thilser4 (Optlonal Infoffl￿n) Type of Name Address adviser NIA Name of Ghlef oxecutlve or names of senior staff member4 (Optional inforniallon) NIA Exemptions from disclosure Reason for non4isdosure of k NIA nel details Other o NIA tional Inforn￿tion Declarations Tho Iniste￿ declare that th•y have approved the trustO05' rnN)rt above. Slgn•d on behalf of the charfty's tnist Slgnthrnls) Full namels) Posltk>n leg Secretsry, Chair, etcl John Ethvin Mccann R•thael Elisabeth Astley Chair Trustee z3

LANCASHIRE SCHOOL SAILING ASSOCIATION

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

Red Rose Accountancy Services Ltd Green Head Garden, Storth Road, Storth Milnthorpe LA7 7HF

Page I LANCASHIRE SCHOOL SAILING ASSOCIATION FINANCIAL STATEMEpirs FOR THE YEAR ENDED 31 MARCH 2023 I rgp(Yt on tho accounts ￿ t1￿ a88oaalwJ) for Ihe ended 31 March 2023 vknith ¥ set OLrton pa98s 2 to 3. R¥p8cti￿ r••pon8lbllille• of Commlttw •nd •xamln•r Th• as8odal￿n'8 Committee are reSp￿Si)re forth8 prwr•tion of thfr pKcounts. 11 IJ my r•sp)nslL•llty to.. oxamln• th• accounts In eKoxdanc8 wlth UK Gorbwalty knapt8d A¢fAntkng IGAAPI stat• %th•th•r particular m8ttw8 have lo my attenllon B••l• of Ind•p•nd•nt •x•nYn•rf# r•port My ex8mln8tion wgy c8rrl8d out In 8c¢tydBnco with UK GW¥. An examination in¢ludes a rgvlvw of the accountln9 iecords kept by th assoclalkn and 8 rwwart50n of Ihe A¢¢ounts presented ￿th Ihose r8eord$. 11 al80 includ8$ Cons￿OratiC￿ of any Un￿1)41 it8m8 or di8do$ufe$ in the accounts and 8eeking explanalKJns from th• Cornmiltee c4Jnc•min9 any such metter8. Th¢ prc¢edure8 und•rtAk?n do not provth 811 the evidenc Ihat wrAJld ￿ rnqLFlr￿I in 8n audlt. Conwu•nUy, no opinlon Is gI￿n a8 to whelhgr the acc￿nIs 8how a truo f4)d tsir vl•w •nd the report is linltsd to tho8• matters s•t oul In the stai¥m$nl below. Ind•p•nd•nt •x•mln•r• •l•t•m•nt In connecdon my own1￿110n. no moller has como to my altont￿n ￿1¢h glvoB m8 r808onablo au88 to b8118VO th81 in any mat•rlal ro8P¢¢t th8 requlrem8nls'. to keep propgr a¢ctsJntkng hav? not been met. or 10 7A+bith kn myoplnkn. 8ttwlkn slwkj te drawn In ￿￿Or to onabkn 8 prrper und¢r8t*nding of lh8 actounts to be reached. Alan Daw•on B4Hon$) FFA R•d Rom Aeeoyntsncy S•Trlc•s Ltd Gr••n H•ad Gard•n storth Road Storth Ilnthorp• LA7 7HF

Page 2

LANCASHIRE SCHOOL SAILING ASSOCIATION

INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2023

Income
Membership and water fees
Team racing and regatta
Training and centre activity
Grants and donations
Other
Expenditure
Subscriptions
Team racing and regatta
Training and centre activity
Insurance
Equipment and maintenance
Utilities
Administration
Legal and professional re boathouse project
Transfer from deferred grants
Accountancy
Operating deficit
2023
£
5,438
0
5,373
11,874
100
22,785
140
0
6,323
2,433
15,043
432
597
2,016
(2,016)
0
210
25,178
(2,393)
2022
£
3,180
0
3,852
19,596
0
26,628
140
0
7,380
2,006
19,627
190
613
600
(600)
0
200
30,156
(3,528)
2022
£
3,180
0
3,852
19,596
0
30,156
(3,528)

Page 3

LANCASHIRE SCHOOL SAILING ASSOCIATION

BALANCE SHEET

AS AT 31 MARCH 2023

Current assets
Bank and cash
Current liabilities
Deferred grants and donations
Accruals
Net current assets
Accumulated funds
Reserve fund brought forward
Deficit for the year
2023
£
19,388
19,388
7,145
210
7,355
12,033
14,426
(2,393)
12,033
2022
£
23,787
23,787
9,161
200
9,361
14,426
17,954
(3,528)
14,426