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 2021
for
Sailship Training & Learning for Life
Goody Chartered Accountants and Tax Advisors Unit 8 Old Forge Court Colchester Road Elmstead Market Colchester Essex CO7 7EA
Sailship Training & Learning for Life
Contents of the Financial Statements for the Year Ended 30 September 2021
| 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 & Learning for Life
Report of the Trustees for the Year Ended 30 September 2021
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 2021. 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 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 and also members of the public, 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. Post Covid-19 and the closure of the site for some time, during lockdown, we are now fully re-opened to our Trainees and the charity has continued its linking further with the local community. A positive situation, brought about by the pandemic. Whilst some Trainees remain at home, most have returned to their placements. An integrated approach of outreach/on site support will continue, until all feel able to return to their on-site support arrangements.
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 2020/2021 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 successful funding to aid its progress has been achieved. Our latest project, funded by Sport England/Active Essex & The Colchester Catalyst Charity, a health/well-being accessible pathway, affords opportunity for all members of the public, especially those who require a safe place to exercise, for walking/jogging, wheelchair riding, walking aid assisted, to support improved physical and mental health.
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 annam, thus increasing the salary from the funded amount of £33,000, to £37,950.
We continue to utilise 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, despite the difficulties caused by the pandemic, due to closure. We will continue to apply for relevant grant funding to further assist in the development of the charity.
Page 1
Sailship Training & Learning for Life
Report of the Trustees
for the Year Ended 30 September 2021
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
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
Goody Chartered Accountants & Tax Advisors ICAEW Goody Chartered Accountants and Tax Advisors Unit 8 Old Forge Court Colchester Road Elmstead Market Colchester Essex CO7 7EA
Approved by order of the board of trustees on 15 June 2022 and signed on its behalf by:
Ms F E Barritt CEO - Trustee
Page 2
Independent Examiner's Report to the Trustees of Sailship Training & Learning for Life
Independent examiner's report to the trustees of Sailship Training & 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 2021.
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.
Goody Chartered Accountants & Tax Advisors ICAEW Goody Chartered Accountants and Tax Advisors Unit 8 Old Forge Court Colchester Road Elmstead Market Colchester Essex CO7 7EA
15 June 2022
Page 3
Sailship Training & Learning for Life
Statement of Financial Activities
for the Year Ended 30 September 2021
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 133,629 Other income - Total 133,629 EXPENDITURE ON Raising funds 2 128,759 NET INCOME 4,870 RECONCILIATION OF FUNDS Total funds brought forward 87,326 TOTAL FUNDS CARRIED FORWARD 92,196 |
Restricted fund £ 58,422 - 58,422 58,422 - - - |
30.9.21 Total funds £ 192,051 - 192,051 187,181 4,870 87,326 92,196 |
30.9.20 Total funds £ 152,364 6,623 |
|---|---|---|---|
| 158,987 140,763 |
|||
| 18,224 69,102 |
|||
| 87,326 |
The notes form part of these financial statements
Page 4
Sailship Training & Learning for Life
Balance Sheet
30 September 2021
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 7 27,052 CURRENT ASSETS Debtors 8 14,903 Cash at bank 58,103 73,006 CREDITORS Amounts falling due within one year 9 (7,862) NET CURRENT ASSETS 65,144 TOTAL ASSETS LESS CURRENT LIABILITIES 92,196 NET ASSETS 92,196 FUNDS 10 Unrestricted funds TOTAL FUNDS |
Restricted fund £ - - 14,687 14,687 (14,687) - - - |
30.9.21 Total funds £ 27,052 14,903 72,790 87,693 (22,549) 65,144 92,196 92,196 92,196 92,196 |
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 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 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 15 June 2022 and were signed on its behalf by:
F E Barritt CEO - Trustee
The notes form part of these financial statements
Page 5
Sailship Training & Learning for Life
Notes to the Financial Statements for the Year Ended 30 September 2021
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 & Learning for Life
Notes to the Financial Statements - continued for the Year Ended 30 September 2021
2. RAISING FUNDS
Raising donations and legacies
| Raising donations and legacies | ||
|---|---|---|
| CEO's remuneration etc Staff costs Support costs |
30.9.21 £ 38,363 104,976 27,501 170,840 |
30.9.20 £ 33,000 81,058 22,778 |
| 136,836 |
3. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
4.
| 30.9.21 | 30.9.20 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 2,068 | 3,438 |
| TRUSTEES' REMUNERATION AND BENEFITS | ||
| 30.9.21 | 30.9.20 | |
| £ | £ | |
| CEO's remuneration | 38,363 | 33,000 |
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 September 2021 nor for the year ended 30 September 2020.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Director/Trustees Other |
30.9.21 - - - |
30.9.20 1 8 |
|---|---|---|
| 9 |
No employees received emoluments in excess of £60,000.
continued...
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Sailship Training & Learning for Life
Notes to the Financial Statements - continued for the Year Ended 30 September 2021
| 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 113,295 Other income 6,623 Total 119,918 EXPENDITURE ON Raising funds 101,694 NET INCOME 18,224 RECONCILIATION OF FUNDS Total funds brought forward 69,102 TOTAL FUNDS CARRIED FORWARD 87,326 7. TANGIBLE FIXED ASSETS COST At 1 October 2020 Additions At 30 September 2021 DEPRECIATION At 1 October 2020 Charge for year At 30 September 2021 NET BOOK VALUE At 30 September 2021 At 30 September 2020 |
Restricted Total fund funds £ £ 39,069 152,364 - 6,623 39,069 158,987 39,069 140,763 - 18,224 - 69,102 - 87,326 Plant and machinery £ 40,349 1,167 41,516 12,396 2,068 14,464 27,052 27,953 |
Total funds £ 152,364 6,623 |
|---|---|---|
| 158,987 140,763 |
||
| 18,224 69,102 |
||
| 87,326 |
continued...
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Sailship Training & Learning for Life
Notes to the Financial Statements - continued for the Year Ended 30 September 2021
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 1.10.20 £ Unrestricted funds General fund 87,326 TOTAL FUNDS 87,326 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 133,629 Restricted funds Restricted Funds 58,422 TOTAL FUNDS 192,051 Comparatives for movement in funds At 1.10.19 £ Unrestricted funds General fund 69,102 TOTAL FUNDS 69,102 |
30.9.21 30.9.20 £ £ 14,903 16,090 30.9.21 30.9.20 £ £ 1,841 3,022 19,688 26,109 1,020 1,020 22,549 30,151 Net movement At in funds 30.9.21 £ £ 4,870 92,196 4,870 92,196 Resources Movement expended in funds £ £ (128,759) 4,870 (58,422) - (187,181) 4,870 Net movement At in funds 30.9.20 £ £ 18,224 87,326 18,224 87,326 |
|---|---|
continued...
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Sailship Training & Learning for Life
Notes to the Financial Statements - continued for the Year Ended 30 September 2021
10. MOVEMENT IN FUNDS - continued
Comparative 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 A current year 12 months and prior year 12 months combined position is as follows: At 1.10.19 £ Unrestricted funds General fund 69,102 TOTAL FUNDS 69,102 |
Resources Movement expended in funds £ £ (101,694) 18,224 (39,069) - (140,763) 18,224 Net movement At in funds 30.9.21 £ £ 23,094 92,196 23,094 92,196 |
|---|---|
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 £ 253,547 97,491 351,038 |
Resources Movement expended in funds £ £ (230,453) 23,094 (97,491) - (327,944) 23,094 |
|---|---|---|
continued...
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Sailship Training & Learning for Life
Notes to the Financial Statements - continued for the Year Ended 30 September 2021
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 September 2021.
Page 11
Sailship Training & Learning for Life
Detailed Statement of Financial Activities for the Year Ended 30 September 2021
| Detailed Statement of Financial Activities for the Year Ended 30 September 2021 |
||
|---|---|---|
| 30.9.21 | 30.9.20 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Income | 133,629 | 113,296 |
| Grants | 58,422 | 39,068 |
| 192,051 | 152,364 | |
| Other income | ||
| Government grants - Covid 19 | - | 6,623 |
| Total incoming resources | 192,051 | 158,987 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| CEO's remuneration | 38,363 | 33,000 |
| Wages | 99,092 | 75,514 |
| Subcontractors | 1,241 | 2,138 |
| Pensions | 4,643 | 3,406 |
| 143,339 | 114,058 | |
| Other trading activities | ||
| Purchases | 16,341 | 3,927 |
| Support costs | ||
| Management | ||
| Rates and water | 657 | 1,366 |
| Insurance | 1,429 | 925 |
| Light and heat | 1,514 | 1,718 |
| Stationery and telephone | 4,253 | 4,114 |
| Sundry expenses | 14,830 | 4,351 |
| Travel | 42 | - |
| Training | 330 | 1,186 |
| Repairs | 939 | 4,300 |
| 23,994 | 17,960 | |
| Finance | ||
| Accountancy | 1,440 | 1,380 |
| Depreciation of tangible fixed assets | 2,067 | 3,438 |
| 3,507 | 4,818 | |
| Total resources expended | 187,181 | 140,763 |
| Net income | 4,870 | 18,224 |
This page does not form part of the statutory financial statements
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