Desborough Sailing Club (DSC)
Ferry Lane, Shepperton, Surrey TW17 9LQ Charitable lncorporated Organisation Registered Charity No. 1181243
Annual Report For the period 1 January to 31 December 2025
Introduction
The annual accounts are formally approved by the AGM and form part of this report. Trustees are appointed or reappointed each year by the AGM in accordance with the constitution.
Desborough Sailing Club is a charitable incorporated organisation, incorporated on 18 December 2018, using the association model.
The names of the trustees (both those in office when the accounts were signed and any who served at any time during the accounting year) are as follows:
-
Michael Daly (retired 23 March 2025)
-
Anne-Marie Walsh (appointed 23 March 2025)
-
Nigel Gary Lipscombe;
-
Robert Wayne Steer
-
Gillian Mary Fawcett; and
-
Philip Toye
The name and address of the CIO's bank is National Westminster Bank Plc, Registered Office 250 Bishopsgate, London, EC2M 4AA.
The name and address of the Independent Examiner is Trevor James FCA DChA FCIE, Dormer Cottage, West Broyle, Chichester, West Sussex PO19 3PR.
Objects
The objects of the CIO are:
-
a) the promotion of community participation in healthy recreation, by the provision and maintenance of facilities for water sports with a particular emphasis on amateur sailboat racing and cruising; and
-
b) the provision of safe facilities for teaching and practicing the skills of sailing dinghies, yachts and boats under power.
How These Objects Were Achieved
We delivered a full year of racing activities, including programmes for dinghy sailing, Skiffing, and cruiser sailing.
The racing calendar was complemented by regular practice sessions, Family & Improver Days, cadet activities, and informal evening sailing.
Our Sailing School successfully ran an RYA-certified sailing course in early summer, with 18 youths gaining an RYA qualification.
Our Skiffing members hosted a well-attended Sunbury Regatta in August for both adults and juniors, supported by additional training sessions.
During the year, the Skiffing Club became guardians of Cutter , now based at the club. Cutter belongs to the Worshipful Company of Glaziers, one of the historic Livery Companies, and we are pleased to host and care for her.
The Club supported other local river-based organisations by providing safety boat cover and shore facilities for several events, including Elmbridge Canoe Club’s Haslar.
We organised and provided safety cover for the Raft Race at Shepperton Fair.
Sailing and boating activities were complemented by a varied programme of social events, such as Rock on the River (an evening of music and dance), a ladies social evening with games, a quiz night and a Hog Roast. All of these were open to members and their families.
The Club hosted an Open Meeting for the British Moth class (which has strong historical links with the club), attracting competitors from across the country.
Members also enjoyed participating in several inter-club events, including the Mid Thames Trophy and the Staines/DSC challenge, both of which our team successfully won.
Push The Boat Out was promoted within the local community and attracted members of the public to the club with an interest in learning to sail.
Financial Summary
The finances of the club remain in good shape, allowing the club to meet its objectives over the next financial year. The balance sheet is strong, with a healthy bank balance.
Our financial objective continues to ensure that we operate within our means over time, against a backdrop of financial prudence and stability.
Our income from membership fees fell slightly to just under £37,000, but we were fortunate to be bequeathed a donation of £1,000. The club has now substantively released all its previously awarded grants to income.
Whilst we continue to see scheduled increases in rental costs and pressure in some of our other important costs (for example insurance and Environmental Agency charges), costs remain under control, and in the year ended 31 December 2025 we wrote down our our fixed asset cost in relation to the clubhouse to £nil, as planned. In other words, the club will incur a relatively small depreciation charge in 2026.
The club made a small loss of just under £5,300, around £3,500 more than last year’s loss.
There was an overall net cash inflow of just under £4,700 after all costs and obligations were met. Our cash held at the bank increased by just over £5,100 to £91,800 at the end of the year, and we hold funds in interest bearing, instant access deposit accounts.
The accounts have been prepared on the going concern basis as we look to agree a lease renewal on the expiry, on 24 March 2027, of our current lease.
Facilities
The club operates under a lease arrangement. The Management Committee continues working to negotiate and secure a renewal of the current lease which expires at the end of March 2027. The main building is the clubhouse. Onshore berths are available for members to keep dinghies and canoes, skiffs and punts, while larger sailing boats (“cruisers”) can be kept onshore or on moorings.
Investment in 2025 in the club’s facilities was largely focused on day-to-day repairs and maintenance of the clubhouse and grounds.
There are two slipways for dinghies and one for larger boats, along with extensive pontoons and jetties. These have been damaged by river flooding and repairs are a regular task.
The club maintains a fleet of sailing dinghies for use by the training school or for rent to members, and members are encouraged to have their own dinghies, skiffs and sailing cruisers.
Signed on behalf of the Trustees:
Anne-Marie Walsh, Commodore
DESBOROUGH SAILING CLUB
Financial Statements for the Year Ended 31 December 2025
Charity Number: 1181243
DESBOROUGH SAILING CLUB
Statement of Financial Activities for the Year Ended 31 December 2025
| 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 £ 1,000 775 44,004 - 45,779 50,535 50,535 - (4,756) (515) (5,271) 103,482 98,211 |
Training School £ - - 2,868 - 2,868 3,688 3,688 - (820) 820 - - - |
Catering and Bar £ - - - 5,790 5,790 5,484 5,484 - 306 (306) - - - |
Total 2025 £ 1,000 775 46,872 5,790 54,437 59,707 59,707 - (5,271) - (5,271) 103,482 98,211 |
Total 2024 £ - 982 48,133 3,432 52,548 54,360 54,360 - (1,812) - (1,812) 105,294 103,482 |
|||
|---|---|---|---|---|---|---|---|---|
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 2025
| Club, excluding DSC Training 2025 Income £ Note Subscriptions 36,984 Mooring fees 333 Entry fees - Hire of Club boats 40 Catering and Bar 1 306 Safety boat - river events - Social events and Clubhouse hire - Profit on disposal of Club property 200 Donations and trophy sponsorship 1,000 Miscellaneous - Bank interest (net of tax) 775 Grant income released 2 6,446 Total Income 46,085 Expenditure Advertising 570 Clubhouse 1,491 Grounds 2,046 Landlord 9,363 Environment Agency 3,851 Insurance 7,827 Utilities 3,941 Repairs Club equipment 1,742 Club dinghies 161 Safety boats - Administration 906 Trophies 828 Charitable and other donations 20 Subscriptions paid 840 TV Licence/ performing rights 855 Depreciation 3 16,094 Miscellaneous - Total expenditure 50,535 Surplus/ (Deficit) excluding DSC Training (4,450) Surplus/ (Deficit) on DSC training Page 2 (820) Prior Year Adjustment - Total Surplus/ (Deficit) (5,271) |
2024 £ 40,015 - 100 - (320) - - 200 - - 982 6,495 47,473 540 2,392 1,105 9,091 3,734 7,078 4,630 602 158 247 663 1,064 20 810 746 16,094 - 48,973 (1,500) (312) - (1,812) |
2023 £ 38,759 - - 15 175 250 - - - - 206 6,495 45,900 - 7,459 1,023 8,826 3,537 6,716 5,245 30 - 149 363 1,113 20 740 620 15,557 169 51,566 (5,665) (630) - (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 |
|---|---|---|---|
DESBOROUGH SAILING CLUB TRAINING SCHOOL
Income and Expenditure for the Year Ended 31 December 2025
| Income 2025 £ Training Income 2,868 Total Income 2,868 Expenditure General 2,073 Instructor Training/ Power Boat Training 903 Dinghy Hire / External Instructors 628 Depreciation 3 85 Total Expenditure 3,688 Surplus/ (Deficit) (820) |
2024 £ 1,323 1,323 1,115 60 243 217 1,635 (312) |
2023 £ 4,037 4,037 1,161 1,227 1,076 1,204 4,667 (630) |
2022 £ 5,815 5,815 2,229 75 2,272 1,558 6,134 (319) |
|---|---|---|---|
DESBOROUGH SAILING CLUB Balance Sheet as at 31 December 2025
| 2025 2024 £ £ £ £ Note Fixed assets Property and Equipment 3 5,614 21,794 Current assets Bar and tea bar stock 1 1,562 1,686 Debtors and prepayments - 60 Cash at bank 91,847 86,709 Cash in hand (floats) 30 480 93,439 88,935 Current liabilities Creditors and accruals (678) (636) Unspent grants carried forward 2 (164) (6,611) Net Assets 98,211 103,482 Represented by General Reserve 61,143 66,414 Roof replacement reserve 10,500 10,500 Risk reserve 26,568 26,568 98,211 103,482 |
2023 £ £ 29,149 1,722 156 87,245 480 89,603 (352) (13,106) 105,294 68,226 10,500 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 |
|---|---|---|
DESBOROUGH SAILING CLUB
Cash Flow Statement for the Year Ended 31 December 2025
| 2025 £ £ Note Surplus/ (Deficit) for the year (5,271) Less: spending on fixed assets - Grants received - Adjustment for non-cash items Depreciation 3 16,179 Grants released in year 2 (6,446) 9,733 Changes in working capital (Dec)/ Inc in other creditors 42 Dec/ (Inc) in debtors/prepayments 60 Dec/ (Inc) in bar stock 124 225 Net cash inflow 4,688 Cash and bank balances at start of year 87,189 Cash and bank balances at end of year 91,876 |
2024 £ £ (1,812) (8,955) - 16,311 (6,495) 9,816 284 96 36 416 (536) 87,724 87,189 |
2023 £ £ (6,295) - - 16,761 (6,495) 10,265 352 81 (207) 226 4,196 83,528 87,724 |
2022 £ £ 4,083 (1,203) 822 16,220 (6,495) 9,724 (496) (237) 207 (527) 12,900 70,629 83,528 |
|---|---|---|---|
DESBOROUGH SAILING CLUB Notes to the Financial Statements for the Year Ended 31 December 2025
| 1 | Catering & Bar Income Daily Takings Events Total Income Closing Stock Closing stock Costs (Increase)/ Decrease in stock Expenditure, including stock Other Total expenditure Surplus/ (Deficit) |
2025 £ 4,293 1,497 5,790 1,562 124 5,360 - 5,484 306 |
2024 £ 3,432 - 3,432 1,686 36 3,716 - 3,752 (320) |
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 |
|---|---|---|---|---|---|
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.
| 2022 Brought forward Additions Released End of year 2023 Brought forward Additions Released End of year 2024 Brought forward Additions Released End of year 2025 Brought forward Additions Released End of year |
Sport England £ 18,182 - (4,545) 13,636 13,636 - (4,545) 9,091 9,091 - (4,545) 4,545 4,545 - (4,545) 0 |
Disabled Toilet and Engine locker £ 6,946 - (1,736) 5,209 5,209 - (1,736) 3,473 3,473 - (1,736) 1,736 1,736 - (1,736) (0) |
Other £ 148 822 (214) 756 756 - (214) 542 542 - (214) 329 329 - (164) 164 |
Total Grants £ 25,275 822 (6,495) 19,602 19,602 - (6,495) 13,106 13,106 - (6,495) 6,611 6,611 - (6,446) 164 |
|---|---|---|---|---|
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.
| 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 2024 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 2025 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 £ 2,828 - - (1,290) 1,539 1,539 - - (1,140) 399 399 8,955 - (2,056) 7,298 7,298 - - (1,924) 5,373 (85) (1,839) (1,924) |
Total power boats £ 204 - - (204) - - - - - - - - - - - - - - - - - - - |
Total engines £ - 1,203 - (241) 962 962 - - (241) 722 722 - - (241) 481 481 - - (241) 241 - (241) (241) |
Total equipment £ 5,430 - - (1,369) 4,061 4,061 - - (2,264) 1,797 1,797 - - (898) 898 898 - - (898) (0) - (898) (898) |
Total building £ 52,464 - - (13,116) 39,348 39,348 - - (13,116) 26,232 26,232 - - (13,116) 13,116 13,116 - - (13,116) - - (13,116) (13,116) |
Total assets £ 60,926 1,203 - (16,220) 45,910 45,910 - - (16,761) 29,149 29,149 8,955 - (16,311) 21,794 21,794 - - (16,179) 5,614 (85) (16,094) (16,179) |
|---|---|---|---|---|---|---|
4 Trustee Remuneration and Expenses
None of the Trustees or persons connected with them received any remuneration, benefits or reimbursement of expenses for work as a trustee (2024: None) . Any claim for expenses would be subject to the Club's normal internal control procedures.
5 Related Parties
All of the Trustees are members of the Desborough Sailing Club and are directly involved in its activities. They and those connected with them benefit from the Club’s activities and facilities on the same basis as other members of the Club.
theaTnded 31 Oecp.rnber 2025. This l•Wt 15 soknty tothe Thnts5, tsa In accordanc•llhthe Charnle5 Act 1011. Mv thost mallers l arn reqwTett lo lo them In an idtpendonl Irt for no oihor rtor I h&fmd As thÈ Chaiity's ComrniltÈÈ lÈ%ponslble for lTro Ot Ihe stalEmeIl ID a(cord•Dro wilh requirerneiits ol ibEOhaiilirA(t 20111"IhtArt-l. You thli 4n 4udit noi rew¥ed the )•T Sec 144 IZI the •<$ and thai 15 nvre5pont4rtvQ.' L4515Xbl vi ¢hE •hid fv ew&rnin•ron wa5 t•rnO OVT IttIl¢+ with lh• ty th• Ch•Mty CornMissn An ol tw Charrty •nd ol the tsnandal 5tatEffjeDts presled wllh thDse 11 alw lonolyal o[ •ny un¥skn•l i¢omx 01 dlsdowiu In th• i•ièmenls 4nd liom rhe MaDasoffj•nl CLvnrnrtl•t cr1rnI ary Juth rnalivrs. Th• ¢11•n do r1 piowdt 411 iheewOen¢e th4i¢wJlO be requiieo •J&t •nd ¢onswutntl¥ r0 In marten w <w¢ In the be m• tp ihpt rtym the re4uWements Iv keep •ccouDDni ie¢offds ITr a(¢LYd4nce 7th 5e¢kn 130 01 tht ACL. Iné to weFaTe a(unts accord Wjlth the a¢tIr¥ •nd ll* the reqtsliernents ol ol to rEJL Tit•YJl )4rnqs FCA DclFClE west Cblrhe51er West P0193P
i 31 IWS. ltsse maaeri l •rn te4uiied lojlale ID ff•J OU( PUIPD5e. lo tne lulEs1 #lmrtieo by w. L wtaLWi ot re5purmV r 1451511kl ulinALL4n ih• ot ary LV itr• and hp ttT bpminvl. or YeY. POlgJ* 23Fotru4ry2026