DESBOROUGH SAILING CLUB
Financial Statements for the Year Ended 31 December 2023
Charity Number: 1181243
DESBOROUGH SAILING CLUB
Statement of Financial Activities for the Year Ended 31 December 2023
| Income Donations and legacies Investments Charitable activities Other income Total Income Expenditure Charitable activities Total expenditure Net gains/ (losses) on investments/ property Net income/ (expenditure) Transfer between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Sailing Club £ - 206 45,519 - 45,726 51,566 51,566 - (5,840) (455) (6,295) 111,590 105,294 |
Training School £ - - 4,037 - 4,037 4,667 4,667 - (630) 630 - - - |
Catering and Bar £ - - - 5,351 5,351 5,176 5,176 - 175 (175) - - - |
Total 2023 £ - 206 49,557 5,351 55,114 61,409 61,409 - (6,295) - (6,295) 111,590 105,294 |
Total 2022 | ||||
|---|---|---|---|---|---|---|---|---|---|
| £ - 3 52,454 5,677 58,134 54,051 54,051 - 4,083 - 4,083 107,506 111,590 |
The statement of financial activities includes all gains and losses recognised in the year.
The notes form part of these financial statements.
DESBOROUGH SAILING CLUB
Income and Expenditure Account for the Year Ended 31 December 2023
| Club, excluding DSC Training 2023 Income £ Note Subscriptions 38,759 Hire of Club boats 15 Catering and Bar 1 175 Safety boat - river events 250 Social events and Clubhouse hire - Open water swimming contibution to costs - Miscellaneous - Bank interest (net of tax) 206 Grant income released 2 6,495 Total Income 45,900 Expenditure Advertising - Clubhouse 7,459 Grounds 1,023 Landlord 8,826 Environment Agency 3,537 Insurance 6,716 Utilities 5,245 Repairs Club equipment 30 Safety boats 149 Administration 363 Trophies 1,113 Charitable and other donations 20 Subscriptions paid 740 TV Licence/ performing rights 620 Depreciation 3 15,557 Miscellaneous 169 Total expenditure 51,566 Surplus/ (Deficit) excluding DSC Training (5,665) Surplus/ (Deficit) on DSC training Page 2 (630) Prior Year Adjustment - Total Surplus/ (Deficit) (6,295) |
2022 £ 39,356 33 1,522 350 253 - 151 3 6,495 48,164 336 1,923 2,182 8,569 3,419 6,282 3,147 299 165 299 1,208 70 710 491 14,662 - 43,762 4,402 (319) - 4,083 |
2021 £ 38,321 - 2,154 400 84 - 6,242 - 6,331 53,533 - 1,827 14,463 8,569 3,628 6,069 2,539 - 162 233 768 25 670 472 13,168 190 52,783 750 1,039 (1,000) 789 |
2020 £ 30,770 50 769 250 157 1,000 10,075 34 6,331 49,435 - 1,187 2,855 8,319 3,654 5,851 2,434 - 122 425 251 25 770 157 14,110 - 40,160 9,275 (1,259) - 8,016 |
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DESBOROUGH SAILING CLUB TRAINING SCHOOL
Income and Expenditure for the Year Ended 31 December 2023
| Income 2023 £ Training Income 4,037 Total Income 4,037 Expenditure General 1,161 Instructor Training/ Power Boat Training 1,227 Dinghy Hire / External Instructors 1,076 Depreciation 3 1,204 Total Expenditure 4,667 Surplus/ (Deficit) (630) |
2022 £ 5,815 5,815 2,229 75 2,272 1,558 6,134 (319) |
2021 £ 5,841 5,841 1,994 - 1,250 1,558 4,802 1,039 |
2020 £ 3,275 3,275 1,064 279 300 2,891 4,534 (1,259) |
|---|---|---|---|
DESBOROUGH SAILING CLUB Balance Sheet as at 31 December 2023
| 2023 £ £ Note Fixed assets Property and Equipment 3 29,149 Current assets Bar and tea bar stock 1 1,722 Debtors/prepayments 156 Cash at bank 87,245 Cash in hand (floats) 480 89,603 Current liabilities Creditors (352) Unspent grants carried forward 2 (13,106) Net Assets 105,294 Represented by General Reserve 68,226 Roof replacement reserve 10,500 Risk reserve 26,568 105,294 |
2022 £ £ 45,910 1,515 237 82,880 649 85,281 - (19,602) 111,590 74,521 10,500 26,568 111,590 |
2021 £ £ 60,926 1,722 - 69,980 649 72,351 (496) (25,275) 107,506 70,438 10,500 26,568 107,506 |
2020 £ £ 70,493 1,020 1,246 69,056 280 71,603 (3,776) (31,606) 106,713 69,645 10,500 26,568 106,713 |
|---|---|---|---|
DESBOROUGH SAILING CLUB
Cash Flow Statement for the Year Ended 31 December 2023
| 2023 £ £ Note Surplus/ (Deficit) for the year (6,295) Less: spending on fixed assets - Grants received - Adjustment for non-cash items Depreciation 3 16,761 Grants released in year 2 (6,495) 10,265 Changes in working capital (Dec)/ Inc in other creditors 352 Dec/ (Inc) in debtors/prepayments 81 Dec/ (Inc) in bar stock (207) 226 Net cash inflow 4,196 Cash and bank balances at start of year 83,525 Cash and bank balances at end of year 87,720 |
2022 £ £ 4,083 (1,203) 822 16,220 (6,495) 9,724 (496) (237) 207 (526) 12,900 70,624 83,525 |
2021 £ £ 789 (5,159) - 14,725 (6,331) 8,394 (3,280) 1,246 (702) (2,736) 1,288 69,336 70,624 |
2020 £ £ 8,016 (11,448) 246 17,001 (6,331) 10,670 3,270 (1,025) 800 3,044 10,528 58,808 69,336 |
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DESBOROUGH SAILING CLUB
Notes to the Financial Statements for the Year Ended 31 December 2023
| 1 | Catering & Bar Income Daily Takings Events Total Income Closing Stock Closing stock Costs (Inc)/ Dec in stock Expenditure, including stock Other Total expenditure Surplus |
2023 £ 4,256 1,095 5,351 1,722 (207) 5,383 - 5,176 175 |
2022 £ 5,677 - 5,677 1,515 207 3,701 248 4,155 1,522 |
2021 £ 6,539 - 6,539 1,722 (702) 5,087 - 4,385 2,154 |
2020 £ 3,809 3,809 1,020 800 2,240 - 3,040 769 |
|---|---|---|---|---|---|
2 Grants
Grants for revenue expenditure are taken to income in the year received. Grants for the purchase of fixed assets are credited to income at the same rate as the corresponding assets are depreciated.
| 2020 Brought forward Additions Released End year 2021 Brought forward Additions Released End year 2022 Brought forward Additions Released End year 2023 Brought forward Additions Released End year |
Sport England £ 27,273 - (4,545) 22,727 22,727 - (4,545) 18,182 18,182 - (4,545) 13,636 13,636 - (4,545) 9,091 |
Disabled Toilet and Engine locker £ 10,418 - (1,736) 8,682 8,682 - (1,736) 6,946 6,946 - (1,736) 5,209 5,209 - (1,736) 3,473 |
Other £ - 246 (49) 197 197 - (49) 148 148 822 (214) 756 756 - (214) 542 |
TOTAL £ 37,691 246 (6,331) 31,606 31,606 - (6,331) 25,275 25,275 822 (6,495) 19,602 19,602 - (6,495) 13,106 |
|---|---|---|---|---|
3 Fixed Assets and Depreciation
Depreciation rates used are as follows: Dinghies, boats, outboards, trolleys 20% straight line on cost Shore side equipment 20% straight line on cost Additions to leasehold buildings are written off over remainder of lease period, less 1 year.
| 2020 Net book value at start of year Additions during the year NBV of disposals during year Depreciation charge for year Net book value at year end 2021 Net book value at start of year Additions during the year NBV of disposals during year Depreciation charge for year Net book value at year end 2022 Net book value at start of year Additions during the year NBV of disposals during year Depreciation charge for year Net book value at year end 2023 Net book value at start of year Additions during the year NBV of disposals during year Depreciation charge for year Net book value at year end Current year depreciation Training School depreciation Club depreciation |
Total dinghies and trolleys etc £ 4,291 660 - (1,500) 3,451 3,451 667 - (1,290) 2,828 2,828 - - (1,290) 1,539 1,539 - - (1,140) 399 (1,091) (48) (1,140) |
Total p/boats £ 2,031 - - (1,623) 408 408 - - (204) 204 204 - - (204) - - - - - - - - - |
Total engines £ - - - - - - - - - - - 1,203 - (241) 962 962 - - (241) 722 - (241) (241) |
Total equipmen t £ 1,817 - - (762) 1,055 1,055 4,492 - (116) 5,430 5,430 - - (1,369) 4,061 4,061 - - (2,264) 1,797 (113) (2,152) (2,264) |
Total building £ 67,908 10,788 - (13,116) 65,580 65,580 - - (13,116) 52,464 52,464 - - (13,116) 39,348 39,348 - - (13,116) 26,232 - (13,116) (13,116) |
Total assets £ 76,046 11,448 - (17,001) 70,493 70,493 5,159 - (14,725) 60,926 60,926 1,203 - (16,220) 45,910 45,910 - - (16,761) 29,149 (1,204) (15,557) (16,761) |
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I rpDrt on my eyaminatitin ol the finantial stAitm•its of DestMy¢wh Club QO Ithe Chartyl foT the yta¥ end 31 December 2023. Charitie5 Act 2011. My ¥A)rk h•$ undertatrEn so that I might State to t Management cornmee and thE meffitse th1 rnattÈrs i am rewired to state to them in an indepermlent examinErfs Ptsrt lor no other 5)urpvxe. To the fullest eAtent permrtted ty law. I do r1 accept or assume resp)nsibdrty to aTrW thher than the Management Commlttee and the nmbers as o t)th. for aAy lor th15 rtk)rt. or fvf oplnltyo I hYformed. As the Charity's Mana8ement Committee you art sPonbIt loi the wepaiaU(ffi of the financial xtmenis In a(£ordaKe With ihe requwements ol the Clwrtles Aci 2011 I-the Art-I- ¥Dy COnser ih•t •n oudit 15 not required fvr the Or uDdor srliofi 144121 of thv Act and that ex•vrnation Is n¢Eded. 11 is my resportsiblllty to". eumine the financlal statements uThJer sect1 145 of thekt: 101h ihe proceduru Uild dwn In 8tnernl Directions gNen byt Charlty Comm155w srfkn 14515llbl 01 the •4t,' •nd to state whether partICar mattws ha tome to myanwibo My exJrnin•ts)n was cirrled out in accorthe ¥rtith the Tr"re(tity 8tsYn by the Charity Comm1551on. An exa{nation tsKludtrs • tsf the •teounth re(LVt1s kept Chaty and a comp•rlson ol the Ilnantlal stemÈnts wesented wih tPthe recorfs. it olso IndleS cc¥&derat50ft ol arry $al Items or dlscJosure5 In the finondal sternert5 aryl 5eeklw explanaikn)ns from as the Management Committee cc¥Kemni arry surh m•tter5. The procedure5 undert•kn th) not all the evlthnct that would be Wthred In an audit ¢onstqLrrt no opifik)n Is as to whether thÈ ststements a'tn and f TAew' ènd the report Is I1le iothose matters set (wJt in the sement bek)w. In connEctyon with rrry examinatbon rK m•tr h•$ tonw ¥J•tth)n: whlch s$ me reasonable cae to belle¥ thai In mateilèl respett the requlrernents to kep accounry records kn Kcrffdare wllh secin 130 of ihe ACL. and to ppare accounts whlch occord wilh the KcounDni recrKd5 aThJ cornpl¥tlth the requlrernents of the h•ve been met. or to which. in my wnion, anentfon should be drnwn kn order kn tAe lrybef lderandIn8 Oft finwKlal to be hed. T E Tre4rr Jan5 FCA DCM fc Dormer Cott4e West Brty Chklst West Sussex P019 3PR 4 Ctol 2014
DES8OROUGH SAILING CLUB SHEPPXPITON. hllDDLISEX AAA Ferry Lane, Shepperton, Surrey TW17 9LQ Charitable Incorporated Organisatton Registered Charrty No. 1181243 Annual Report For the period 1 January to 31 December 2023 The annual accounts are forrnawy aFw¥ed by Ihe AGM and forni part ol Ihls rep)rt Trustees are aprynted of feappointed eacn year ty the AGM In accordan wrth the conststubon. The objects ol the CIO are al the promOtn of communty partlc¥Jatk>n kn healthy reueallon, ty the pfovlslon and maintenance ol lacllrtS loi waler s wtth a partUr empnasis on amateur saiiboai racing ano cruising b) the Pfovi$ion of safe laciirts for teacning and wactring the SKWIS ol sailiThJ Qlngns. yachts. ano Doats unoer powef. How Th•s• OtsJ•cts W•r• Achl•v•d We ran our full year race programme events for bolh dlnghy saiiiw. skimng and crutser saillng. althO3h early In the season some races wefe Cancel to noodlno The racing programme wa5 Supplnted wlth regular pracilce 5essk)ns. Famity & Improver days. Cadet adlvllk5 an¢ Inlormol eVeng salllng. Ouf Sai11ng Scr1 ran a successful RYA certfficate saiithg c(yJrse In tne eaity Sutnmer Our usual Easier ctyjrse was cancellea due to a lack of suitaD in$inJctots ana assstsnts Our SkiffifWJ memDers ran a successful youm training course Iniroaucing wi young people io Many of inem had no prevlOUS experience of tjoahng Tne course participanis inen ith)k part In tne Topsl*kJ JunKJr Regalla. a iocai event founaeo in 1932 lor cnithjren aged 7 10 16 We also ran power boat courses lor members to quallfy wtth the RYA P82 certlficale The Club assists offter ol k)cal cb on the rNer and ha5 provlded 5alety boat cover and shore based facilit5 for a numter ol events Including Weybridge Rowing Club'5 Summer Regatta. The Sifver Sculls. and Elmbndge Canoe Club's Ha51af. We safety cover lor Ihe Ran Race at swrton Faif.
Saillng and boating was supported by a pr¢>Jramme ol s¢xlal events As well as our usual events we held a tirthday party for all members lo celebrate the 75th Anniversary of Oesborough Sailino Club. Some DSC Cadets pr<MJressed to cofflpete beyond Ihe club in the T0pr class of dinghy. They ached excellent resurts [ing at the class Regnal and National championship meetings The Club hosted an Open race meeting for the 8ribsh Moth class inghy, which has Strong historical asswations wrth DSC. Th attracted competitors from around me country. We hosted boaling aCtNIt lor a troop of Royal Navy affilL4ted Sea Scouts who were camwng in the area. The finances the club MaIn Strong and are In 91 shape for the year ahead. Our IrKome trom member5h fees remalned stsble at frust under £39.OCKI and we cmllnue lo release grani Incor from Pfevkwsty awarded grants. Our objectwe is to ensure Ihat we operate wrthkn our means over aJainst a backdrop ol Ilnancial prU(Jen and stabilrty Thls year Ihe club made a small loss ollust over £6.000, agalnst a small proflt ol around £4,000 last year. Thts was ¢Jue. In part. to the delay of last years budgete(I malntenance which look pi3ce In 2023 We expensed the full cost of new winaows In 2023 and we also saw an Increase in lillIeS and Insurance costs whlLst (Hjr memberships income remained steady. There was an overall net cash Inllow ol Iu51 over £4.IM)O after all cosls Cash balances Increaseo 10 nearty £88.OW ai the ena of the year ant1 we hohl funds In intefest bearlng. instanl access dep)sK accounts Our Intentlon In 2024 Is lo Invesl In our club boats The large club stte 15 leasehobj. The maln 1jng Is the clubhouse. Onshore berths are available for members lo Keep dinghies arvj canoe5, skllts ana punts. wn rger sailing Doats {"Cfuisers-I can De kepi onshote or on moortngs 2023 investment In lacilllles Included repa1 lo me clubThouse rooT whth was leaking. and ine Tepiacement of wenbaity aangeioLts Ohj wnaows v modem douDle glazed unlts. There are iwo 5I"pways lor dingh*s and one fow larger iwts. along 7Mth eenSWe pontoons an(J Jethes.
The club maintains a fleet ol sailing dinghies for use by the Iraining school or lor rent to members. and members are encourage(J to have thr own dinghles and crulsers. The cluD has facilrtale(l a number ol sutveys by Ihe contraL1ot5 for the Rwer Thames Flood Rel1 Scheme. We actsvety participate(l in Ihe Statutory consultakn.on foT Ihis scheme. whKh may Ihreaten the club's continue(J existen at our present location. Slgned on behatl ol the Tntstees.. Mlke Daty Commortore