BRIXHAM JUNIOR SAILING CLUB
Charitable Incorporated Organisation
Registered Charity Number: 1171525
ANNUAL REPORT
AND
FINANCIAL STATEMENT FOR THE YEAR ENDED
31 OCTOBER 2023
STATUTORY INFORMATION
Name of the Charity: BRIXHAM JUNIOR SAILING CUB Registered Address: 32 Southdown Avenue, Brixham Devon TQ5 0AN Administration Address: 8 Osnay avenue, Paignton TQ4 5HA
Charity Registration Number: 1171525
Trustees :- Neil Justin Pearce Andrew Ross Brown
Bankers: Barclays
CHARITABLE OBJECT
The purpose of the charity is the promotion of community participation in healthy recreation in the sport of sailing, developing a habit for life in an outside environment. The main activity that the charity undertakes is the teaching of young people to sail safely and encourage water safety. We run RYA Sailing courses and have a number of dinghies which young people can use on a Monday evening under supervision. We realise the importance of reaching out to the wider community including schools. Our main objective is to increase our membership and extend opportunities for more children to sail, through training. To do this we need to increase the number of sailing instructors and the size of our safety boats.
ORGANISATIONAL STRUCTURE AND DECISION-MAKING PROCESSES
The charity has a board of 7 directors who meet at regular intervals and are responsible for the daily running of the club. We also have a huge number of volunteers who give up hours of their time both supporting on the water but in the upkeep of our boats and equipment. We are extremely grateful for this workforce. We have 2 Trustees appointed by the board.
SAFEGUARDING
Our Safeguarding Policy and Procedures are in line with the policy of the Brixham Yacht Club.
FINANCIAL REVIEW 2023
The reserves are held in a club current account and the money is saved to replace worn out equipment. Our principal sources of funds come from fundraising, boat fees and donations.
The trustees are satisfied that they have sufficient reserves at the year-end together with the ongoing income anticipated to enable the club to function effectively in the coming year.
Finances ending 31/10/2023
INCOME
| INCOME | |
|---|---|
| Membership | £495.00 |
| Donations | £628.39 |
| Total | £1123.39 |
| EXPENSES | |
| Insurances &Fees | £2410.24 |
| Expenses | £622.14 |
| Repairs & Maintenance | £1432.60 |
| Fuel | £124.95 |
| Total | £4589.93 | |
|---|---|---|
| BANK BALANCE | ||
| Open | £8344.28 |
Closed £4877.74