**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:
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.
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...
Page 7
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...
Page 8
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...
Page 9
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...
Page 10
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
Page 12