REGISTERED COMPANY NUMBER: 09235505 (England and Wales) REGISTERED CHARITY NUMBER: 1174081
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 September 2020
for
Sailship Training and Learning for Life
Howlett's Chartered Accountants Unit 8 Old Forge Court Colchester Road Elmstead Market Colchester Essex CO7 7EA
Sailship Training and Learning for Life
Contents of the Financial Statements for the Year Ended 30 September 2020
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 11 |
| Detailed Statement of Financial Activities | 12 |
Sailship Training and Learning for Life
Report of the Trustees for the Year Ended 30 September 2020
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2020. The trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES
To provide a vocational/therapeutic day provision, in an environment that offers quality education through life skills learning and work skills training and also therapy/counselling for learning disabled adults and young people.
We welcome people who are in need by reason of youth, age, ill-health, disability, financial hardship or other disadvantage and aim to provide relief by assistance to such people, in particular, but not exclusively, by the provision of activities to develop their mental, physical and moral capabilities.
We continue to develop a counselling service, offered by qualified and experienced staff, to support learning disabled adults, through person centred/humanistic counselling - an area of support that has little reported contribution in the professional field. We shall be offering this service to the wider community in time.
We continue to develop and maintain provision of the vocational enterprises (Kitchen Retail Crafts, Café, Woodwork, Willow Crafts, Soft Crafts, Horticultural Enterprise) and the land on which horticultural and therapeutic gardening is carried out. Sailship includes and welcomes invited community groups to the charity, ensuring it upholds safeguarding legislation/regulations, enabling joint working opportunities and community inclusion to the project. We continue to deliver ASDAN courses and aim to include RHS/City & Guilds Courses to the vocational element of the charity. We also intend to continue to develop our work with other agencies and individuals, via community outreach projects. Covid-19 and the closure of the site for some time, during lockdown, has resulted in the charity supporting its service-users in their homes and also supporting the wider community and four Care Homes, with Green Care packages, on a weekly basis. This is in support of good mental health and has resulted in the charity linking further with the local community. A positive situation, brought about by the pandemic.
ACHIEVEMENT AND PERFORMANCE
Sailship is a high-quality, vocational training, life skills learning and therapeutic well-being provider for our clients, known as 'Trainees'. All staff are qualified and trained to a high standard. Provision in 2019/2020 consisted of a 5 days/week offer to our clients with a staff team of experienced Learning Support Assistants, a fully qualified counsellor (BA hons), 3 subject specialist tutors and maintenance staff who helped to develop the land, as well as maintain the existing structures/land.
We have a dedicated Trustee Board of 4 members and together with the CEO/Trustee we are continuing, working with all relevant outside agencies, attending meetings and completing all relevant paperwork, to ensure our Trainees receive the very best training, learning and support.
In 2020 Sailship began to develop a conservation area where our Trainees and other invited groups (eg schools/clubs/community groups) will be able to take part in educational conservation/preservation/ecology projects. This project hopes to be a major contributor to the preservation of our local natural environment and will seek funding to aid its progress.
FINANCIAL REVIEW
We have a pepper-corn lease on the land we utilise which is owned by another charity (RGAT - Rush Green Allotment Trust) and have paid our rent on time.
Sailship TLL (Training and Learning for Life) is contracted to Essex County Council as a Day Service Provider to adults with learning disabilities/ mental health support needs and in 2020 increased the contract from 41 to 43 placement days, despite the pandemic, securing sufficient income to therefore pay staff wages beyond the minimum wage level. All eligible staff are enrolled in the work place pension scheme.
We have successfully secured ongoing funding, ring-fenced, for the CEO salary, which began in June 2020, to the sum of £99,000, for a further 3 years funding award, from June 2020- June 2023. In September 2020, the charity awarded a salary raise to the CEO. Therefore, the charity now partially funds its CEO to the sum of £4,950 per annum, thus increasing the salary from the funded amount of £33,000, to £37,950.
We have used independent income to further develop the provision of horticultural, craft, kitchen crafts and life skills/work skills training by purchasing all necessary goods/materials. Also, materials for the provision of course materials for ASDAN entrants.
We have paid all VAT on any goods amounts ourselves.
We shall continue to strive to build reserves, to secure a self- sufficient charity, moving forwards, when secured staff funding will cease. We will continue to apply for relevant grant funding to further assist in the development of the charity.
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Sailship Training and Learning for Life
Report of the Trustees for the Year Ended 30 September 2020
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Charity constitution
The charitable company was incorporated on 1st August 2017.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
09235505 (England and Wales)
Registered Charity number
1174081
Registered office
Gertude Benson House The Old Hatchery Great Henny Sudbury Suffolk CO10 7NL
Trustees
Ms F E Barritt Chief Executive Director / Trustee Lt Col T R Cottee Retd Non- Executive Director / Chair of the Board of Trustees Mr D G Newport Non- Executive Director /Trustee Mrs J Weller Non- Executive Director / Trustee
Independent Examiner
Howletts Chartered Accountants ICAEW Howlett's Chartered Accountants Unit 8 Old Forge Court Colchester Road Elmstead Market Colchester Essex CO7 7EA
Approved by order of the board of trustees on 16 June 2021 and signed on its behalf by:
Ms F E Barritt CEO - Trustee
Page 2
Independent Examiner's Report to the Trustees of Sailship Training and Learning for Life
Independent examiner's report to the trustees of Sailship Training and Learning for Life ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2020.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Howletts Chartered Accountants ICAEW Howlett's Chartered Accountants Unit 8 Old Forge Court Colchester Road Elmstead Market Colchester Essex CO7 7EA
16 June 2021
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Sailship Training and Learning for Life
Statement of Financial Activities
for the Year Ended 30 September 2020
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 113,295 Other income 6,623 Total 119,918 EXPENDITURE ON Raising funds 2 101,694 NET INCOME 18,224 RECONCILIATION OF FUNDS Total funds brought forward 69,102 TOTAL FUNDS CARRIED FORWARD 87,326 |
Restricted fund £ 39,069 - 39,069 39,069 - - - |
30.9.20 Total funds £ 152,364 6,623 158,987 140,763 18,224 69,102 87,326 |
30.9.19 Total funds £ 151,625 - |
|---|---|---|---|
| 151,625 132,285 |
|||
| 19,340 49,762 |
|||
| 69,102 |
The notes form part of these financial statements
Page 4
Sailship Training and Learning for Life
Balance Sheet
30 September 2020
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 7 27,953 CURRENT ASSETS Debtors 8 16,090 Cash at bank 52,325 68,415 CREDITORS Amounts falling due within one year 9 (9,042) NET CURRENT ASSETS 59,373 TOTAL ASSETS LESS CURRENT LIABILITIES 87,326 NET ASSETS 87,326 FUNDS 10 Unrestricted funds TOTAL FUNDS |
Restricted fund £ - - 21,109 21,109 (21,109) - - - |
30.9.20 Total funds £ 27,953 16,090 73,434 89,524 (30,151) 59,373 87,326 87,326 87,326 87,326 |
30.9.19 Total funds £ 25,496 27,865 40,846 68,711 (25,105) 43,606 69,102 69,102 69,102 69,102 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2020.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2020 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 16 June 2021 and were signed on its behalf by:
F E Barritt CEO - Trustee
The notes form part of these financial statements
Page 5
Sailship Training and Learning for Life
Notes to the Financial Statements for the Year Ended 30 September 2020
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery
- 25% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
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continued...
Sailship Training and Learning for Life
Notes to the Financial Statements - continued for the Year Ended 30 September 2020
2. RAISING FUNDS
Raising donations and legacies
| CEO's remuneration etc Staff costs Support costs NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets TRUSTEES' REMUNERATION AND BENEFITS CEO's remuneration |
30.9.20 £ 33,000 81,058 22,778 136,836 30.9.20 £ 3,438 30.9.20 £ 33,000 |
30.9.19 £ 33,000 75,963 19,576 |
|---|---|---|
| 128,539 | ||
| 30.9.19 £ 2,174 30.9.19 £ 33,000 |
3. NET INCOME/(EXPENDITURE)
4.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 September 2020 nor for the year ended 30 September 2019.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Director/Trustees Other |
30.9.20 1 8 9 |
30.9.19 1 7 |
|---|---|---|
| 8 |
No employees received emoluments in excess of £60,000.
continued...
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Sailship Training and Learning for Life
Notes to the Financial Statements - continued for the Year Ended 30 September 2020
| 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 108,517 EXPENDITURE ON Raising funds 89,177 NET INCOME 19,340 RECONCILIATION OF FUNDS Total funds brought forward 49,762 TOTAL FUNDS CARRIED FORWARD 69,102 7. TANGIBLE FIXED ASSETS COST At 1 October 2019 Additions At 30 September 2020 DEPRECIATION At 1 October 2019 Charge for year At 30 September 2020 NET BOOK VALUE At 30 September 2020 At 30 September 2019 |
Restricted Total fund funds £ £ 43,108 151,625 43,108 132,285 - 19,340 - 49,762 - 69,102 Plant and machinery £ 34,454 5,895 40,349 8,958 3,438 12,396 27,953 25,496 |
Total funds £ 151,625 132,285 |
|---|---|---|
| 19,340 49,762 |
||
| 69,102 |
continued...
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Sailship Training and Learning for Life
Notes to the Financial Statements - continued for the Year Ended 30 September 2020
8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade debtors 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Social security and other taxes Other creditors Accrued expenses 10. MOVEMENT IN FUNDS At 1.10.19 £ Unrestricted funds General fund 69,102 TOTAL FUNDS 69,102 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 119,918 Restricted funds Restricted Funds 39,069 TOTAL FUNDS 158,987 Comparatives for movement in funds At 1.10.18 £ Unrestricted funds General fund 49,762 TOTAL FUNDS 49,762 |
30.9.20 30.9.19 £ £ 16,090 27,865 30.9.20 30.9.19 £ £ 3,022 1,036 26,109 23,049 1,020 1,020 30,151 25,105 Net movement At in funds 30.9.20 £ £ 18,224 87,326 18,224 87,326 Resources Movement expended in funds £ £ (101,694) 18,224 (39,069) - (140,763) 18,224 Net movement At in funds 30.9.19 £ £ 19,340 69,102 19,340 69,102 |
|---|---|
continued...
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Sailship Training and Learning for Life
Notes to the Financial Statements - continued for the Year Ended 30 September 2020
10. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 108,517 Restricted funds Restricted Funds 43,108 TOTAL FUNDS 151,625 A current year 12 months and prior year 12 months combined position is as follows: At 1.10.18 £ Unrestricted funds General fund 49,762 TOTAL FUNDS 49,762 |
Resources Movement expended in funds £ £ (89,177) 19,340 (43,108) - (132,285) 19,340 Net movement At in funds 30.9.20 £ £ 37,564 87,326 37,564 87,326 |
|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted Funds TOTAL FUNDS |
Incoming resources £ 228,435 82,177 310,612 |
Resources Movement expended in funds £ £ (190,871) 37,564 (82,177) - (273,048) 37,564 |
|---|---|---|
continued...
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Sailship Training and Learning for Life
Notes to the Financial Statements - continued for the Year Ended 30 September 2020
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 September 2020.
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Sailship Training and Learning for Life
Detailed Statement of Financial Activities for the Year Ended 30 September 2020
| Detailed Statement of Financial Activities for the Year Ended 30 September 2020 |
||
|---|---|---|
| 30.9.20 | 30.9.19 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Income | 113,296 | 108,516 |
| Grants | 39,068 | 43,109 |
| 152,364 | 151,625 | |
| Other income | ||
| Government grants - Covid 19 | 6,623 | - |
| Total incoming resources | 158,987 | 151,625 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| CEO's remuneration | 33,000 | 33,000 |
| Wages | 75,514 | 68,226 |
| Subcontractors | 2,138 | 4,402 |
| Pensions | 3,406 | 3,335 |
| 114,058 | 108,963 | |
| Other trading activities | ||
| Purchases | 3,927 | 3,746 |
| Support costs | ||
| Management | ||
| Rates and water | 1,366 | 2,051 |
| Insurance | 925 | 1,234 |
| Light and heat | 1,718 | 2,135 |
| Stationery and telephone | 4,114 | 3,602 |
| Sundry expenses | 4,351 | 2,239 |
| Travel | - | 238 |
| Training | 1,186 | 2,455 |
| Repairs | 4,300 | 2,308 |
| 17,960 | 16,262 | |
| Finance | ||
| Accountancy | 1,380 | 1,140 |
| Depreciation of tangible fixed assets | 3,438 | 2,174 |
| 4,818 | 3,314 | |
| Total resources expended | 140,763 | 132,285 |
| Net income | 18,224 | 19,340 |
This page does not form part of the statutory financial statements
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