**REGISTERED CHARITY NUMBER: 1170017**
## **Report of the Trustees and**
**Financial Statements for the Year Ended 30 September 2025**
**for**
## **Weston Sailing Club**
CBM Accountants Limited 130 Bournemouth Road Chandler's Ford Eastleigh Hampshire SO53 3AL
**Weston Sailing Club**
## **Contents of the Financial Statements for the Year Ended 30 September 2025**
|||**Page**||
|---|---|---|---|
|**Reference and Administrative Details**||1||
|**Report of the Trustees**|2|to|6|
|**Independent Examiner's Report**||7||
|**Statement of Financial Activities**||8||
|**Balance Sheet**||9||
|**Notes to the Financial Statements**|10|to|15|
|**Detailed Statement of Financial Activities**|16|to|17|
**Weston Sailing Club**
**Reference and Administrative Details for the Year Ended 30 September 2025**
**TRUSTEES** N Curry I Wilson (resigned 14/12/24) J Goldsbrough P Conduit A Kier (resigned 14/12/24) G Sewell **PRINCIPAL ADDRESS** Weston Sailing Club Abbey Hill Netley Abbey SOUTHAMPTON Hampshire SO31 5FB
## **REGISTERED CHARITY NUMBER** 1170017
**INDEPENDENT EXAMINER** CBM Accountants Limited 130 Bournemouth Road Chandler's Ford Eastleigh Hampshire SO53 3AL
Page 1
**Weston Sailing Club**
## **Report of the Trustees for the Year Ended 30 September 2025**
The Trustees of Weston Sailing Club ("the Charity") present their annual report for the period ended 30 September 2025 under the Charities Act 2011, together with the Independently Examined financial statements for that period. The accounts comply with the requirements the Charities Act 2011, the Charity's constitution and the relevant Statements of Recommended Practice (the Charities SORP 2005).
## **STATUS AND ADMINISTRATION**
The Charity is a Charity Incorporated Organisation (CIO), registered charity (No.1170017) that was incorporated on 4 November 2016. Its registered office is shown on page 1 of this report. On 1st January 2017 all the assets and liabilities of the unincorporated organisation now known as WSC 1952, were transferred to the Charity and all members renewed with the Charity. WSC 1952 now ceases to exist.
The present Trustees and any past Trustees who served during the period are shown on page 1, together with the names of the principal external advisers as at the date of the signing of this report.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives**
The Charity's objectives, as set out in its constitution, are:
To promote and facilitate community participation in healthy recreation by providing facilities for sailing, and in particular dinghy sailing, primarily (though not exclusively), to those resident in the local and greater Southampton area.
Purpose, aims and activities
The Trustees review the purpose, aims and activities of the Charity each year. This review looks at the achievements during the previous year, beyond the mere finances, and ensures that the Charity's purpose is being met. When carrying out the review and planning future activities, the Trustees refer to the guidance contained in the Charity Commission's general guidance on public benefit. In particular, the Trustees consider how planned activities will contribute to the aims and objectives, they have set.
The Charity may delegate the task of organising the sailing activities of the Charity to a Sailing Committee. The Constitution also allows for the operation of a Social Committee. The Chairman of each of these committees is a member of the General Purposes Committee.
Page 2
**Weston Sailing Club**
## **Report of the Trustees for the Year Ended 30 September 2025**
## **ACHIEVEMENTS AND PERFORMANCE Trustees and Sub-Committee members**
The members of the General Purpose Committee (GPC) are the de facto Trustees of the Charity.
The Charity is grateful to everyone who voluntarily give their valuable time, not only to serve on the various committees that are necessary to ensure the Charities activities are carried out in a safe and enjoyable environment, but also wider support that allows it to fulfil its charitable objectives.
## **Achievement and Performance**
The Trustees are pleased to report continued stability and normal operations throughout 2024/2025.
During this period, the club's GPC membership operated with fewer staff members, yet managed to fulfil all charity obligations. At the start of 2024-2025, Nathan Seffanio joined as publicity manager, replacing Ian Wilson, while Jeremy stepped into an alternate role to cover the vacant membership secretary position left by Anna Keir. The club secretary filled the ongoing vacant Commodore posts. Whenever there were gaps in formal responsibilities, the existing GPC members made efforts to cover them.
Special thanks go to Nick Curry and Nathan Seffanio for their contributions to the GPC.
Weston traditionally experiences a high membership turnover, higher than the RYA regional average, and this year was no different. Membership stood at 136 at the end of October 2024, dropping to 124 by the period's close-a 10% reduction. Feedback from departing members pointed to declining fleet racing participation or insufficient use of their boats or the club, prompting them to seek stronger match racing fleets elsewhere.
Solent Uni Sailing Club has now become a permanent fixture at Weston, operating somewhat independently but intending to integrate further. According to the new club Commodore, Solent Uni SC plans to train during the week as usual but will encourage club members to participate in Weston's weekend programmes, including both SSOS and racing-an arrangement that promises benefits for both clubs.
Once again, thanks to the efforts of Olly Harris, Chris King, Grant Piggot, and many supportive members, Weston hosted another successful Cat Open event. Congratulations to everyone involved.
Weston also hosted a variety of smaller open events Including the return of the International Canoe's and the Classic and Vintage Racing Dinghy Association. These events were well attended, and feedback was very positive.
Following last year's AGM, the club established its own focus group. Despite some setbacks, thanks go to Lorraine Trevett for leading the group and driving new initiatives. These new initiatives will form the main driver into 2026.
In March, we held a well-attended pound work party. Members also rebuilt the sea wall in front of the clubhouse.
A small series of rookie racing events held during several SSOS sessions were very well received. Thanks to John Goldsbrough for providing the committee boat for these events and all who made these events happen.
We hosted a few BBQ days after sailing, which, although small in turnout, were thoroughly enjoyed by those present.
Our largest expenditure this period was installing a two-zone security alarm system in response to two break-ins in December 2024, during which our new committee boat outboard was stolen.
Additionally, we changed the club entrance door to a key code and slam mechanism, removing the need for an Officer of the Day at all club events to monitor the clubhouse when members are on the water.
Page 3
**Weston Sailing Club**
## **Report of the Trustees for the Year Ended 30 September 2025**
## **FINANCIAL REVIEW Financial position Financial activities and results**
The main sources of income of the Charity are membership subscriptions and pound fees for storing dinghies. Both these amounts are annual amounts payable on 1st January. The Charity takes account of membership and pound fees when they are paid and does not carry forward any funds for the last 3 months of the calendar year.
Overall, the income for the period was £49,499 [2024: £48,141].
The main costs are the rent, the utilities, insurance, cleaning, administration, the upkeep and running of the safety boats, and the maintenance of the clubhouse, boat sheds, race box and boat pound.
There was no major infrastructure expenditure or major assets purchases in the year.
The brand new committee boat engine was stolen in December. The club's insurance paid out and a replacement engine was purchased, so the overall effect was financially neutral. This is shown in the accounts as an addition and disposal of assets.
The day to day running costs were £55,784 [2024: £55,106] Overall, the expenditure was £59,529 [2024: £65,940]. The net effect was to show a deficit on unrestricted funds of £10,030 [2024: Deficit £17,799] before unrealised losses on investments of £Nil [2024: £Nil]. Restricted funds were £Nil [2024 £Nil]
## **Investment policy and objectives**
The Constitution of the Charity states that it has the power "to deposit or invest funds in any manner as the Trustees shall in their absolute discretion think fit to the extent that the Trustees shall have the same full and unrestricted powers investing and transposing investments in all respects as if they were beneficially absolute owners...".
In 2018, the Trustees exercised this power by investing some money surplus to immediate requirements with CCLA. [CCLA is one of the UK's largest charity fund managers according to the latest Charity Finance Survey. CCLA manage investments for charities, religious organisations and the public sector and is based in the City of London, with an office in Edinburgh. CCLA are largely owned by their clients' funds.] The 2 funds chosen are:
- COIF Charities Deposit Fund
- COIF Charities Fixed Interest Fund
In 2024 theTrustees transferred £80,000 from the CAF current cash account that pays zero interest to an instant access CAF Gold Account that pays a small variable interest rate. CAF reduced the AER from 2.52% to 1.76% during the year.
## **Reserves policy**
The Trustees reserves policy is to ensure that sufficient free reserves are maintained such that the overhead cost of running and maintaining the Club and Pound including rates, insurance, depreciation are covered for at least a year.
The Charity has total funds of £225,495 (2024: £ 235,525) of which restricted funds account for £Nil [2024 £Nil]. The Charity has a functional fixed asset reserve of £102,245 [2024: £113,971].
This leaves free reserves of £123,070 [2024: £121,554] representing over 26 [2024: 24] months of normal operating expenditure, so there is no immediate financial stress.
However, with ageing members and falling membership numbers the charity is not in a long term sustainable financial situation.
Page 4
**Weston Sailing Club**
## **Report of the Trustees for the Year Ended 30 September 2025**
## **FUTURE PLANS**
In contrast to previous years, when the General Purpose Committee (GPC) and Sailing Committee (SC) struggled to find members willing to take on key management roles, 2026 is shaping up to have almost a full complement. This puts the club in a great position to move forward, especially with the support of its focus group, establishing a strong foundation for initiatives aimed at both growing and retaining membership into 2026-2027 and beyond.
Weston SC also benefits from support by the RYA and plans to promote itself to the local community, seeking new members through training programs, events and social activities at the club. Learning from other clubs' successes will be crucial.
While racing remains central to the club, there's an increased emphasis on social sailing and revitalizing Weston as a social hub for its members. The club will explore alternative ways for people to get out on the water and organize quiz nights and barbecues to enhance the community spirit.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The Charity is governed by its Constitution which was adopted on 4 November 2016 and amended on 3rd April 2020 and 13th January 2021. The General Purposes Committee (who are the Trustees of the Charity) is responsible for the overall governance the Charity and meets at least six times a year.
## **Recruitment and appointment of new trustees**
The Charity looks to its members to volunteer for the various roles needed to ensure a stable and safe venue for sailing. Where more members volunteer than there are roles then an election will take place. Where a vacancy arises a member who volunteers may be co-opted pending an election at the next AGM. Trustees are offered training in their role where required.
## **Decision making**
The following matters are specifically reserved for approval by the Trustees:
- Any proposal to amend the Memorandum and Articles Association; Instruments and Rules Government;
- Accounting Reference Date or material accounting policies;
- Planning Applications reflecting a significant change of use and capital projects;
- Sales or purchases of the Charity's property assets;
- Any decision to bring or defend legal action in a civil case;
- Response to criminal charges/allegations of criminal activity which have connection with the Charity;
- Appointment, variation of terms or removal of any Charity post;
- Expansion of activities beyond core business;
- Formation of a subsidiary;
- Amendment to pension schemes;
- Material change to general terms of employment, staff benefits or HR policy;
- Approval of annual budgets;
- Approval of Annual Report & Accounts including setting of reserve allocations;
- Review & approval of delegated authorities and authorisation limits;
- Variations in authorisation levels for purchases/leasing/hiring contracts (limits to be placed on total value of
- contract and on contract length);
- Any borrowing by the Charity;
- Any grant of guarantee or indemnity in respect of a third party's obligations (including obligations of staff);
- Investment management policies;
- Cash management policies (including approved list of counter-parties);
- Any contract with any Trustee or member of staff or with any person or entity connected with any of them;
- Opening of new banking relationship;
- Receipt of gifts from a potentially undesirable donor; and
- Receipt of payments in exchange for sponsorship/naming rights.
Page 5
**Weston Sailing Club**
**Report of the Trustees for the Year Ended 30 September 2025**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Risk management**
The Charity's approach to risk management is designed to ensure that it remains alert to those external and internal factors that could affect its ability to operate effectively, or even at all. The work establishing the risks facing the Charity and ensuring suitable mitigating action is being taken is challenging. Nevertheless the Trustees feel their risk Management schedule is as complete as possible whilst being aware that vigilance is always needed.
## **AND FINALLY ......**
The Charity is a member organisation that is run by its members for its members. The running of any of its activities relies on the participation and commitment of all those who serve as Trustees and/or on the sub-committees or who join working parties.
A warm and friendly welcome awaits any member who would like to come assist with the smooth operation of the Club.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
....................................................................
G Sewell - Trustee
Page 6
**Independent Examiner's Report to the Trustees of Weston Sailing Club**
## **Independent examiner's report to the trustees of Weston Sailing Club**
I report to the charity trustees on my examination of the accounts of Weston Sailing Club (the Trust) for the year ended 30 September 2025.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or
3. the accounts 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.
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 accounts to be reached.
Graham Bennett
CBM Accountants Limited 130 Bournemouth Road Chandler's Ford Eastleigh Hampshire SO53 3AL
Date: .............................................
Page 7
**Weston Sailing Club**
## **Statement of Financial Activities for the Year Ended 30 September 2025**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
590
**Charitable activities**
Sailing activities
23,530
Generating activities
21,970
Other income
(20)
Investment income
2
3,429
**Total**
49,499
**EXPENDITURE ON**
**Charitable activities**
Sailing activities
39,577
Generating activities
3,745
Other income
16,207
**Total**
59,529
**NET INCOME/(EXPENDITURE)**
(10,030)
**RECONCILIATION OF FUNDS**
Total funds brought forward
235,525
**TOTAL FUNDS CARRIED FORWARD**
225,495|Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-
-
-|2025
Total
funds
£
590
23,530
21,970
(20)
3,429
49,499
39,577
3,745
16,207
59,529
(10,030)
235,525
225,495|2024
Total
funds
£
278
21,696
24,387
158
1,622
48,141
38,793
10,310
16,837
65,940
(17,799)
253,324
235,525|
|---|---|---|---|
The notes form part of these financial statements
Page 8
**Weston Sailing Club**
## **Balance Sheet 30 September 2025**
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
5
102,425
Investments
6
33,756
136,181
**CURRENT ASSETS**
Stocks
7
-
Debtors
8
4,632
Cash at bank and in hand
86,623
91,255
**CREDITORS**
Amounts falling due within one year
9
(1,941)
**NET CURRENT ASSETS**
89,314
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
225,495
**NET ASSETS**
225,495
**FUNDS**
10
Unrestricted funds:
General fund
Functional fixed asset reserve
**TOTAL FUNDS**|Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-|2025
Total
funds
£
102,425
33,756
136,181
-
4,632
86,623
91,255
(1,941)
89,314
225,495
225,495
123,070
102,425
225,495
225,495|2024
Total
funds
£
113,971
31,726
145,697
20
-
91,432
91,452
(1,624)
89,828
235,525
235,525
121,554
113,971
235,525
235,525|
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
.............................................
J Goldsbrough - Trustee
The notes form part of these financial statements
Page 9
**Weston Sailing Club**
**Notes to the Financial Statements for the Year Ended 30 September 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
## **Income**
All incoming resources are included in the Statement of Financial Activities when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Membership fees, donations, gifts and legacies are included in full in the accounts when receivable. The membership year runs from January to December. Income for events after the balance sheet date is included in deferred income. The Charity is not registered for VAT and all income is stated at amounts receivable.
## **Expenditure**
All expenditure is accounted for on an accruals basis, when a liability is incurred, and includes VAT where applicable. Expenditure is allocated to the following cost categories:
. Costs of generating funds are those costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.
. Sailing activities include expenditure associated with the provision of events and services to the members, and include both the direct costs and support costs relating to these activities.
## **Allocation and apportionment of costs**
Office costs cannot be directly attributed to these particular headings so are allocated on an estimated basis, based on staff time, as follows:
Costs of generating funds 47% Charitable activities 52% Other income 1% 100%
## **Tangible fixed assets**
Tangible fixed assets are stated at cost less depreciation. Assets which cost less than £500 are not capitalised.
Depreciation has been computed to write off the cost of tangible fixed assets equally over their expected useful lives using the following rates:
Land 0% Clubhouse Building 5% Equipment & club boats 20% Safety boat hulls 10% Safety Boat engines 25%
Depreciation on computer equipment and other office equipment was previously charged on a reducing balance basis using the above rates. The above policy is considered to be more realistic and the effect on the financial statements is immaterial.
Page 10
continued...
**Weston Sailing Club**
**Notes to the Financial Statements - continued for the Year Ended 30 September 2025**
## **1. ACCOUNTING POLICIES - continued**
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
## Restricted funds
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The cost of raising and administering such funds is charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
## Designated funds
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in note 9.
## General funds
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objects of the Charity.
## **2. INVESTMENT INCOME**
|**INVESTMENT INCOME**|||
|---|---|---|
||2025|2024|
||£|£|
|Interest receivable - trading|3,429|1,622|
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 30 September 2025 nor for the year ended 30 September 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 30 September 2025 nor for the year ended 30 September 2024.
## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
278
**Charitable activities**
Sailing activities
21,696
Generating activities
24,387
Other income
158
Investment income
1,622
**Total**
48,141|Restricted
fund
£
-
-
-
-
-
-|Total
funds
£
278
21,696
24,387
158
1,622
48,141|
|---|---|---|
Page 11
continued...
**Weston Sailing Club**
## **Notes to the Financial Statements - continued for the Year Ended 30 September 2025**
|**4.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
Unrestricted
Restricted
funds
fund
£
£
**EXPENDITURE ON**
**Charitable activities**
Sailing activities
38,793
-
Generating activities
10,310
-
Other income
16,837
-
**Total**
65,940
-
**NET INCOME/(EXPENDITURE)**
(17,799)
-
**RECONCILIATION OF FUNDS**
Total funds brought forward
253,324
-
**TOTAL FUNDS CARRIED FORWARD**
235,525
-
**5.**
**TANGIBLE FIXED ASSETS**
Leasehold
Plant and
property
machinery
£
£
**COST**
At 1 October 2024
177,819
46,825
Additions
-
2,763
Disposals
-
(2,519)
At 30 September 2025
177,819
47,069
**DEPRECIATION**
At 1 October 2024
79,323
31,350
Charge for year
8,853
2,937
At 30 September 2025
88,176
34,287
**NET BOOK VALUE**
At 30 September 2025
89,643
12,782
At 30 September 2024
98,496
15,475|Total
funds
£
38,793
10,310
16,837
65,940
(17,799)
253,324
235,525
Totals
£
224,644
2,763
(2,519)
224,888
110,673
11,790
122,463
102,425
113,971|
|---|---|
Page 12
continued...
**Weston Sailing Club**
## **Notes to the Financial Statements - continued for the Year Ended 30 September 2025**
|**6.**
**FIXED ASSET INVESTMENTS**
**MARKET VALUE**
At 1 October 2024
Additions
At 30 September 2025
**PROVISIONS**
At 1 October 2024 and
30 September 2025
**NET BOOK VALUE**
At 30 September 2025
At 30 September 2024
There were no investment assets outside the UK.
**7.**
**STOCKS**
Stocks
**8.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Prepayments
**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Other creditors|Unlisted
investments
£
35,929
2,030
37,959
4,203
33,756
31,726
2025
2024
£
£
-
20
2025
2024
£
£
4,632
-
2025
2024
£
£
717
700
1,224
924
1,941
1,624|
|---|---|
Page 13
continued...
**Weston Sailing Club**
## **Notes to the Financial Statements - continued for the Year Ended 30 September 2025**
## **10. MOVEMENT IN FUNDS**
|At
1/10/24
£
**Unrestricted funds**
General fund
121,554
Functional fixed asset reserve
113,971
235,525
**TOTAL FUNDS**
235,525
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
Functional fixed asset reserve
**TOTAL FUNDS**
**Comparatives for movement in funds**
At
1/10/23
£
**Unrestricted funds**
General fund
137,145
Functional fixed asset reserve
116,179
253,324
**TOTAL FUNDS**
253,324
Comparative net movement in funds, included in the above are
**Unrestricted funds**
General fund
**TOTAL FUNDS**|Net
movement
in funds
£
(8,141)
(1,889)
(10,030)
(10,030)
Incoming
resources
£
49,499
-
49,499
49,499
Net
movement
in funds
£
(17,799)
-
(17,799)
(17,799)
as follows:
Incoming
resources
£
48,141
48,141|Transfers
between
At
funds
30/9/25
£
£
9,657
123,070
(9,657)
102,425
-
225,495
-
225,495
Resources
Movement
expended
in funds
£
£
(57,640)
(8,141)
(1,889)
(1,889)
(59,529)
(10,030)
(59,529)
(10,030)
Transfers
between
At
funds
30/9/24
£
£
2,208
121,554
(2,208)
113,971
-
235,525
-
235,525
Resources
Movement
expended
in funds
£
£
(65,940)
(17,799)
(65,940)
(17,799)|
|---|---|---|
Page 14
continued...
**Weston Sailing Club**
## **Notes to the Financial Statements - continued for the Year Ended 30 September 2025**
## **10. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
Functional fixed asset reserve
**TOTAL FUNDS**|At
1/10/23
£
137,145
116,179
253,324
253,324|Net
movement
in funds
£
(25,940)
(1,889)
(27,829)
(27,829)|Transfers
between
funds
£
11,865
(11,865)
-
-|At
30/9/25
£
123,070
102,425
225,495
225,495|
|---|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**|Incoming
resources
£|Resources
expended
£|Movement
in funds
£|
|---|---|---|---|
|General fund|97,640|(123,580)|(25,940)|
|Functional fixed asset reserve|-|(1,889)|(1,889)|
||97,640|(125,469)|(27,829)|
|**TOTAL FUNDS**|97,640|(125,469)|(27,829)|
Functional Fixed Assets is the net book value of the assets of the club which cannot be readily converted into cash.
## **11. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 30 September 2025.
Page 15
**Weston Sailing Club**
## **Detailed Statement of Financial Activities for the Year Ended 30 September 2025**
|**Detailed Statement of Financial Activities**
**for the Year Ended 30 September 2025**|||
|---|---|---|
||2025|2024|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Subscriptions|590|278|
|**Investment income**|||
|Interest receivable - trading|3,429|1,622|
|**Charitable activities**|||
|Membership fees|22,288|21,384|
|Pound fees|16,442|16,188|
|Key deposits|30|100|
|Open meeting income|3,683|6,335|
|Day sail|190|120|
|Training income|790|-|
|Galley income|-|167|
|Bar takings|1,845|1,864|
|Club Craft hire fees|30|5|
|Other income - item sales|182|78|
||45,480|46,241|
|**Total incoming resources**|49,499|48,141|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Clubhouse costs|1,614|2,539|
|Rates and water|2,713|2,340|
|Light and heat|1,641|1,774|
|Sundries|13,204|19,313|
|Depreciation of tangible fixed assets|11,790|10,777|
|**Support costs**|30,962|36,743|
|**Management**|||
|Sub-contractors|4,480|4,900|
|Rent|12,360|12,360|
|Insurance|5,351|5,579|
|Telephone|381|378|
|Postage and stationery|187|243|
|Sundries|355|292|
|Licences and subscriptions|3,794|3,713|
|Professional fees|1,104|1,032|
||28,012|28,497|
This page does not form part of the statutory financial statements
Page 16
**Weston Sailing Club**
## **Detailed Statement of Financial Activities for the Year Ended 30 September 2025**
|**Detailed Statement of Financial Activities**
**for the Year Ended 30 September 2025**|||
|---|---|---|
||2025|2024|
||£|£|
|**Management**|||
|**Finance**|||
|Bank charges|624|700|
|Loss on sale of tangible fixed assets|(69)|-|
||555|700|
|Total resources expended|59,529|65,940|
|**Net expenditure**|(10,030)|(17,799)|
||||
This page does not form part of the statutory financial statements
Page 17