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 2023
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 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 12 |
| Detailed Statement of Financial Activities | 13 |
Sailship Training & Learning for Life
Report of the Trustees for the Year Ended 30 September 2023
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 2023. 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/educational and therapeutic day provision, in an environment that offers quality education through life skills learning, work skills training and therapeutic activity, 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 but not exclusively, by the provision of activities to develop their mental, physical, and moral capabilities.
In June 2023, Sailship received funding from the Northeast Essex (NEE) and Wellbeing Alliance for two new projects: BE WELL and AGE WELL - two of six LIVE WELL domains. As part of the BE WELL domain, with funding of £85,000 over two years (awarded in two payments - in 2023 = £45,000), 'Fit4life together' supports wellbeing and good mental health to adults in the Tendring District area and includes a specially targeted group - men aged between 35-55, who may be at risk of self-harm, or suicide. This part of the project partners with a local organisation that supports recovery from mental health situations (Open Road, Clacton), who refer participants to the project. Two new staff members have been recruited for the duration of the funding - a project Co-ordinator (32 hrs/week) and a Support Worker (32hrs/week). Sailship strives to continue this project beyond the end of funding period, in December 2025.
Sailship also continues to make good links with community care homes and Tendring District residents, over the age of 65. Our second funded project, from the AGE WELL domain is 'Grow a Friendship with Sailship'. This project supports older people within our local community and care homes/nursing homes, who have early onset dementia, or dementia. A dementia friendly garden is to be constructed within the Sailship grounds and also, a French Boules
pitch and exercise area, where chair exercises and gentle tai chi/yoga can be enjoyed. One new staff member has been recruited (16hrs/week) to Co-Ordinate this project. Sailship has also enlisted two partnership organisations that will contribute by referring participants and taking part in a variety of ways (e.g. Chair Exercise classes/ singing together). Participants will also enjoy a lunch/afternoon tea each visit, prepared by the Sailship Trainees, as part of their Catering and Hospitality learning, giving them a 'real' working experience whilst in a safe teaching/training/learning environment, suited to their individual needs and affording our elderly guests opportunity to enjoy their wares. 'The Bay Café' is our teaching kitchen/cafe, built in 2023, entirely by Sailship staff, volunteers, and trainees. This wooden building was funded partly by Sailship itself and by utilising generous funding from The Lifehouse Hotel and Spa and other donations collected over the past year.
Sailship has also agreed to support our participants and trainees further, by providing a free lunchtime meal, often, for some, the only meal they might have in any given day. This aims to support people through the cost-of-living crisis, whilst also educating them about growing own food and how to cook it. Sailship also offers domestic budgeting advice as part of a Life-Skills learning course.
A barrier to accessing these projects is transport and therefore, Sailship is fundraising to enable purchase of its own minibus, to offer free local transport to participants who are neither funded to attend, nor have the means to afford public transport independently. For some it is a choice - transport or lunch. Sailship aims to provide both.
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 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.
We continue to develop our work with other agencies and individuals, via community outreach projects and joint working ventures.
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Sailship Training & Learning for Life
Report of the Trustees
for the Year Ended 30 September 2023
ACHIEVEMENT AND PERFORMANCE
Sailship is a high-quality, vocational training, life skills learning and therapeutic well-being provider for our clients, known as 'Trainees' and now also our 'participants' of the two newly funded projects.
All staff are qualified and trained to a high standard. Provision in 2022/2023 consisted of a 5 days/week offer to our clients with a staff team headed by a fully qualified Careers Guidance Counsellor/SEN Teacher, also consisting of two experienced Learning Support Assistants, three subject specialist tutors and three 1 to 1 support volunteers, along with 1 maintenance staff/ 6 garden/building volunteers, who continue to develop the land, as well as maintain the existing structures/land.
We have a dedicated Trustee Board of four 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 and participants receive the very best training, learning and support.
Ongoing development of a conservation area enables Trainees and invited groups (eg schools/clubs/community groups) opportunity to take part in educational conservation/preservation/ecology projects.
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 Opportunity Provider to adults with learning disabilities/ mental health support needs and in 2022-23 increased the contract from 47 to 57 placement days, securing sufficient income to therefore pay staff wages beyond the minimum wage level. All eligible staff are enrolled in the workplace pension scheme.
Secured ongoing funding, no longer ring-fenced, for the CEO salary, which began in June 2022, to the sum of £60,000, (over two years), awarded in two payments of £30,000, is carried forward, from June 2022-June 2023, to form the major sum of the CEO's remuneration. Sailship now funds £7,950/annum, thus the CEO salary remains the same (£37,950/yr. gross).
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 and the more recent cost of living crisis, which has seen our energy bills more than triple in size for no extra usage, along with all other running costs increasing by at least double.
We will continue to apply for relevant grant funding to further assist in the development of the charity.
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
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Sailship Training & Learning for Life
Report of the Trustees for the Year Ended 30 September 2023
Registered office
Gertrude Benson House 28 Middleton Road Sudbury Suffolk CO10 7NT
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 27 March 2024 and signed on its behalf by:
Ms F E Barritt CEO - Trustee
Page 3
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 2023.
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
-
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
27 March 2024
Page 4
Sailship Training & Learning for Life
Statement of Financial Activities
for the Year Ended 30 September 2023
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 180,309 EXPENDITURE ON Raising funds 2 189,420 NET INCOME/(EXPENDITURE) (9,111) RECONCILIATION OF FUNDS Total funds brought forward 90,601 TOTAL FUNDS CARRIED FORWARD 81,490 |
Restricted fund £ 28,003 28,003 - - - |
30.9.23 Total funds £ 208,312 217,423 (9,111) 90,601 81,490 |
30.9.22 Total funds £ 181,929 183,526 (1,597) 92,198 90,601 |
|---|---|---|---|
The notes form part of these financial statements
Page 5
Sailship Training & Learning for Life
Balance Sheet
30 September 2023
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 7 50,335 CURRENT ASSETS Debtors 8 24,475 Cash at bank 11,385 35,860 CREDITORS Amounts falling due within one year 9 (4,705) NET CURRENT ASSETS 31,155 TOTAL ASSETS LESS CURRENT LIABILITIES 81,490 NET ASSETS 81,490 FUNDS 10 Unrestricted funds TOTAL FUNDS |
Restricted fund £ - - 84,229 84,229 (84,229) - - - |
30.9.23 Total funds £ 50,335 24,475 95,614 120,089 (88,934) 31,155 81,490 81,490 81,490 81,490 |
30.9.22 Total funds £ 42,883 17,299 47,258 64,557 (16,839) 47,718 90,601 90,601 90,601 90,601 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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 27 March 2024 and were signed on its behalf by:
F E Barritt CEO - Trustee
The notes form part of these financial statements
Page 6
Sailship Training & Learning for Life
Notes to the Financial Statements for the Year Ended 30 September 2023
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.
continued...
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Sailship Training & Learning for Life
Notes to the Financial Statements - continued for the Year Ended 30 September 2023
2. RAISING FUNDS
Raising donations and legacies
3.
4.
| 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 |
30.9.23 £ 38,231 143,878 24,188 206,297 30.9.23 £ 11,359 30.9.23 £ 38,231 |
30.9.22 £ 37,950 110,949 19,460 |
|---|---|---|
| 168,359 | ||
| 30.9.22 £ 6,121 30.9.22 £ 37,950 |
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 September 2023 nor for the year ended 30 September 2022.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Director/Trustees Other |
30.9.23 1 9 10 |
30.9.22 1 7 |
|---|---|---|
| 8 |
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 2023
| 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 138,454 EXPENDITURE ON Raising funds 140,051 NET INCOME/(EXPENDITURE) (1,597) RECONCILIATION OF FUNDS Total funds brought forward 92,198 TOTAL FUNDS CARRIED FORWARD 90,601 7. TANGIBLE FIXED ASSETS COST At 1 October 2022 Additions At 30 September 2023 DEPRECIATION At 1 October 2022 Charge for year At 30 September 2023 NET BOOK VALUE At 30 September 2023 At 30 September 2022 |
Restricted Total fund funds £ £ 43,475 181,929 43,475 183,526 - (1,597) - 92,198 - 90,601 Plant and machinery £ 63,468 18,811 82,279 20,585 11,359 31,944 50,335 42,883 |
|---|---|
continued...
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Sailship Training & Learning for Life
Notes to the Financial Statements - continued for the Year Ended 30 September 2023
8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade debtors Prepayments 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Social security and other taxes Other creditors Accrued expenses 10. MOVEMENT IN FUNDS At 1.10.22 £ Unrestricted funds General fund 90,601 TOTAL FUNDS 90,601 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 180,309 Restricted funds Restricted Funds 28,003 TOTAL FUNDS 208,312 Comparatives for movement in funds At 1.10.21 £ Unrestricted funds General fund 92,198 TOTAL FUNDS 92,198 |
30.9.23 30.9.22 £ £ 23,738 16,433 737 866 24,475 17,299 30.9.23 30.9.22 £ £ 3,054 1,841 84,229 13,558 1,651 1,440 88,934 16,839 Net movement At in funds 30.9.23 £ £ (9,111) 81,490 (9,111) 81,490 Resources Movement expended in funds £ £ (189,420) (9,111) (28,003) - (217,423) (9,111) Net movement At in funds 30.9.22 £ £ (1,597) 90,601 (1,597) 90,601 |
|---|---|
continued...
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Sailship Training & Learning for Life
Notes to the Financial Statements - continued for the Year Ended 30 September 2023
10. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted Funds TOTAL FUNDS |
Incoming resources £ 138,454 43,475 181,929 |
Resources Movement expended in funds £ £ (140,051) (1,597 (43,475) - (183,526) (1,597 |
Resources Movement expended in funds £ £ (140,051) (1,597 (43,475) - (183,526) (1,597 |
|---|---|---|---|
| (1,597 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Net At movement At 1.10.21 in funds 30.9.23 £ £ £ 92,198 (10,708) 81,490 92,198 (10,708) 81,490 |
Net At movement At 1.10.21 in funds 30.9.23 £ £ £ 92,198 (10,708) 81,490 92,198 (10,708) 81,490 |
|---|---|---|
| 81,490 |
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 £ 318,763 71,478 390,241 |
Resources Movement expended in funds £ £ (329,471) (10,708 (71,478) - (400,949) (10,708 |
Resources Movement expended in funds £ £ (329,471) (10,708 (71,478) - (400,949) (10,708 |
|---|---|---|---|
| (10,708 |
continued...
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Sailship Training & Learning for Life
Notes to the Financial Statements - continued for the Year Ended 30 September 2023
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 September 2023.
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Sailship Training & Learning for Life
Detailed Statement of Financial Activities for the Year Ended 30 September 2023
| Detailed Statement of Financial Activities for the Year Ended 30 September 2023 |
||
|---|---|---|
| 30.9.23 | 30.9.22 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Income | 170,584 | 133,454 |
| Grants | 28,002 | 43,475 |
| Donations | 9,726 | 5,000 |
| 208,312 | 181,929 | |
| Total incoming resources | 208,312 | 181,929 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| CEO's remuneration | 38,231 | 37,950 |
| Wages | 137,367 | 105,578 |
| Subcontractors | 1,041 | 603 |
| Pensions | 5,470 | 4,768 |
| 182,109 | 148,899 | |
| Other trading activities | ||
| Purchases | 11,126 | 15,167 |
| Support costs | ||
| Management | ||
| Insurance | 1,392 | 1,635 |
| Light and heat | 2,799 | 1,871 |
| Stationery and telephone | 4,388 | 3,409 |
| Sundry expenses | 1,546 | 2,697 |
| Travel | 467 | 186 |
| Training | 527 | 126 |
| Repairs | - | 1,554 |
| 11,119 | 11,478 | |
| Finance | ||
| Accountancy | 1,710 | 1,860 |
| Depreciation of tangible fixed assets | 11,359 | 6,122 |
| 13,069 | 7,982 | |
| Total resources expended | 217,423 | 183,526 |
| Net expenditure | (9,111) | (1,597) |
This page does not form part of the statutory financial statements
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