## **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**| |---|---|---|---| ## **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**| |---|---|---|---| ## **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)**| |---|---|---|---|---|---|---| I r*pDrt 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 cornm￿ee 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 r￿1 accept or assume resp)nsibdrty to aTr*W thher than the Management Commlttee and the n*mbers as o t*)th. for aAy lor th15 rtk*)rt. or fvf oplnltyo I h*Yformed. As the Charity's Mana8ement Committee you art ￿sPon￿bIt loi the wepaiaU(ffi of the financial x*tmenis In a(£ordaKe With ihe requwements ol the Clwrtles Aci 2011 I-the Art-I- ¥Dy COns￿er ih•t •n oudit 15 not required fvr the ￿Or uDdor srliofi 144121 of thv Act and that ex•vr*nation 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 partIC￿ar mattws ha* tome to myanwibo My exJrnin•ts)n was cirrled out in accorth￿e ¥rtith the Tr"re(tity￿ 8tsYn by the Charity Comm1551on. An exa{￿nation tsKludtrs • tsf the •teounth re(LVt1s kept Cha￿ty and a comp•rlson ol the Ilnantlal st*emÈnts wesented w*ih tPthe recorfs. it olso Ind￿leS cc¥&derat50ft ol arry ￿￿$￿al Items or dlscJosure5 In the finondal st*ernert5 aryl 5eeklw explanaikn)ns from as the Management Committee cc¥Kemni arry surh m•tter5. The procedure5 undert•k*n th) not all the evlthnct that would be Wthred In an audit ¢onstqL*rrt no opifik)n Is as to whether thÈ ststements a'tn* and f* TAew' ènd the report Is I1￿le￿ iothose matters set (wJt in the s￿ement bek)w. In connEctyon with rrry examinatbon rK* m•t*r h•$ tonw ¥J•tth)n: whlch s￿*$ me reasonable ca￿e to belle¥* thai In mateilèl respett the requlrernents to k*ep accoun￿ry records kn Kcrffdar￿e wllh seci*n 130 of ihe ACL. and to p￿pare accounts whlch occord wilh the KcounDni recrKd5 aThJ cornpl¥t*lth the requlrernents of the h•ve been met. or to which. in my wnion, anentfon should be drnwn kn order kn ￿tAe lrybef ￿lder￿andIn8 Oft￿ finwKlal to be ￿￿hed. T E Tre4rr Jan*5 FCA DCM fc Dormer Cott4e West Brty Chkl*st West Sussex P019 3PR 4 C*to￿l 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 apr*ynted of feappointed eacn year ty the AGM In accordan￿ wrth the conststubon. The objects ol the CIO are al the promOt￿n of communty partlc¥Jatk>n kn healthy reueallon, ty the pfovlslon and maintenance ol lacllrt￿S loi waler s wtth a partU￿r empnasis on amateur saiiboai racing ano cruising b) the Pfovi$ion of safe laciirt*s for teacning and wactring the SKWIS ol sailiThJ Qlngn*s. yachts. ano Doats unoer powef. How Th•s• OtsJ•cts W•r• Achl•v•d We ran our full year race programme events for bolh dlnghy saiiiw. skimng and crutser saillng. althO￿3h early In the season some races wefe Cancel￿ to noodlno The racing programme wa5 Suppl￿nted wlth regular pracilce 5essk)ns. Famity & Improver days. Cadet adlvllk5 an¢ Inlormol eVen￿g salllng. Ouf Sai11ng Scr￿￿1 ran a successful RYA certfficate saiithg c(yJrse In tne eaity Sutnmer Our usual Easier ctyjrse was cancellea due to a lack of suitaD* in$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 c￿b on the rNer and ha5 provlded 5alety boat cover and shore based facilit￿5 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 t*irthday party for all members lo celebrate the 75th Anniversary of Oesborough Sailino Club. Some DSC Cadets pr