**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. Page 1 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: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. 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 4. 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 Page 3 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 - (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. Page 6 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... Page 7 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... Page 8 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... Page 9 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... Page 10 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. Page 11 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 Page 12