CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 1#t January 2024 To 31¥t December 2024 Charlty name: Flushlng Sailing Club Charity registralion ntsu ber: 1182993 Objectives and Activities Summary ofthe PUTposes of the chartty as set out in bts governing do(wnnl Pa 1.17 The obpcl of the CIO is to promte and fa(ilitate cornmunty participation in healihy recreat)n by PfO¥Kling facilities for sailing for those resJent N) the kncal Flushing and Falrnuth and greater area and surrounding environs. Summary of the ma acaivilies in relatK)n to Ihose purposes for Ihe public benefft. in partilar. the activities, propcts or seNices identified in the accounts. Pa 1.17a¥J 1.19 FSC CIO fa(ilitates low cost keelboat arKI affordable racing in Falmouth Harbour and Carrick Roads for a wide age range ofthe populabon. It proviles a social hub not only for la parbcipants but also signtfi(ntly for the hxal communty. Statement confrniing whether the tNstees hal had regard to the guidance issued by the Charity Commission on pubk benefft P* 1.18 The trustees confirm that through(xrt 2024 they have had 98rd to the Charity Commission's guijance on public nefit In parti(lar. There is open house policy on ra nights for the winter talks programrne. The thb house can be used as a venue. with a small dOnatn to cover costs, by a wide range of people and organisations in the loc31 communty. The Clubhouse is uwl for yoga and Pilales dasges and fr)rtnightly village o)ffee club. There is enty fee requirement for new members applying to join the dub. The costs of membetship and R8¢e Fees are kept kiw and among the k)west in the hartKwr. The trustees have decided to increase memtership and race fees in 2025. to relleL infiatv)nary presgjres and increases in the minimum vrdge WhIt continuing to enUrage improvements in participation. We 11 o)ntinue to offer a reduced fee for 18-34 year okjs in 2025.
Additional Information (optlonaD You ma ch(y)se to iidude furlher statements there rel8want abJt Policy on grant making The charity wll make grants in excePtiaL ar¢umslanw and which. in particular. prle sailing opportltieS )r those who might olheThvtse be able to afford them. A d)aritsble dcffiat)n has been made to the Flushing Village pantom1ff Group to help thern invest in scenery backdrops & stumes for this (xjmmunty group. The Club also holds ecthun boxes for a tange of charitable organisations induding a recent collection for the RNLI of £172.02. Not applK2ble Pw•1 Policy on social inStMent including program reLated investment Parn 1.31 Contribution rnade by volunteers AJI Club actsvil$ are run by voluntsers with the eXpt)n of 3 paid. part-time. seasonal workers and 1 part time administrator. The day to day running ofthe Club is done by cx>mmittee Thmbers and trustees as
luntee Pwa 128 Yacht racy vthith 15 the Clubs ntral vity ts run entirely by a dedicated race team made up of (>mmttted volunteers who give their time freely and wularty to facililats thè eniJyThnt of others. During 2024 lUnteerS have prepared multiple wpporting dwjments forthe pontoon proposals. These require a Marine Lloft frorn the Marine ManagenI Organisatsn and planninlIsted building consent from Comwall Council. The club 1$ extreme fortunate to benefft from a group of mbers with relevant professKJnal skills who through undertaknng voluntsry work ha greaty reduced the professK)nal fees whic* would ha been otheNse incurred on tho p)ntoon pmiecL The Cb reived planniig consent during 2024 frorn ComNYal Council for solar roof els & as>xiated battery store, along with a bar store. Again, much of Ihe supportwig information was prepared free of charge by professDnal volunteers within the Ckjb. The bar store ennI of this consent has been implementsd. and are rrenY seeknng grant assistan for the solar panelthttery store.
The Club's slirmay suffered storm darnage wi Dmber 2024 and temporary repairs were undertaken by volunteers and via voluntary assistance from students from Fa]nuth Marine Schts)l. Similarly. the projects to update the finan systems and gOIng work to uwlate the websiie and rrEmbership systems ha¥e benefittgj hugely from the expertise of a small number of volunteers who have gNen so fredy ofthwrtime. A very large thank you to all our )lunteerS. we couidn't do it wilhout your magnFfthnt rt aThl nrtMent Achievements and Perfomiance Summary of the main achievements of the tharity. identfying the drfren the charity's VKKk has made to the circumstances of its beneficiaries and any whler beneffts to soryety as a whde. The Club has sUssJ11Y njn its full ra programme of nearly 60 events throughout the season, attracling competitors from throughout the area. In tolal just 102 boats raced in 11 drfterent cL3sses. Over the season ¥ estimate that equates lo some 4,300 people out on the water and pleasingty saw a good number of new and young saikys among them. Our Tuèsday evening racing remains the best supported regular racing in the Harbour by far. P¥•120 New volunteets jcined c4Jr highly experEnced ra office team. The links estsblished wilh Falmc4Jih Universty have cxjntinued to develop lo encoutage rf)re young people to partiapate in our eNÈnts. This has i£en further facilitaba by the deveknpment of the FSC CrevThig Whats4pp group which puts potential crew in twch with boat 0TS and vice Versa. The winter tslks programme and Friday night supws ast in maintaining the dub's role as a so1 hub to foster th8 all-imFQrtant community spiriL The deveknpnnt of Friday evenings as a social evening has been very strongly supported by meMr$ and the local communty. We continue to Pf0ve a meeting venue for a number of sailing ents ctsJrdinating ComnNttees for which do not seek facilty do1110ns. Thanks in part to the rdc4ng programme we run and benefits of the clubhouse
membership numbers have in(¥eased from 425 in 2023 to 472 in 2024. Much of the fO(S this year has been on continuing the V•Y)rk to improve the essenlial back-office systems to make the lives of key volunteers easr. The adoplk)n of the Xero acu)unkn'ng system, an imprOd website and improved renewal system represent mai?r achievements again undertaken by dedicated volunteers. lrnproved safety advK? has been a mapr focus for the ManagerrEnt Commrttee and trustees during the winter and specialist advica sought from the Royal Yathting knociatKJn etc. folbjwing formal rew)rts on Mar incidents in other parts of the unty and in the wKler sailing communty. A training and 3renesS Mpaign is being rolled out for ra crews prK)r to the new season aNI is open to all. As ever. the twstses are rN)st grateful to 811 those who ha hard on these ke Additlonal infommtlon (optionall You ma choose to indude further statents where relevant abtyjt Achievements against Parn 1.41 See above obiectsves 8el Performance of fundraising actTrvities against The Club is ncw conc*ntrating its efforts on the next phase of ts Devek)pment Plan with Iwo key elements, gaining the necessary nSentS for the pontoon and nding for the solar panels. Significant grant asSiStsn 1[ also be n88d for the Investment performanc against obiectsves P1$ I surplus funds are hekj in a(xounts with UK based High Street banks. Other
Financial Review Rev of the tharTty's financial posits at the end ofthe peri)d P¥a 121 Cash balan at 31 December 2024 are £117.337 whKth induded £10,860 from members who had renevRd their membership before the end of the year. Statement explaining the p0cY for holding reserves stating why they a hekj Pwa122 FSC has a tI1-established and recenty revftd, lontemi DevebprrEnt Plan. The key fixus of this is the developffEnt of topclass faiifths to support access for all to the water in the pursuit of ts charitable aim to POte arKI facilitate (x)mmunity particApation in healthy recreatM)n. The new Enwronment Pl& provNJes a fvndamental framework for these delop1r£nts and investrnents. To thts end speuk reserves have been estsblished for the pont¢)on wopGt and solar pa1 prowsals and to enable capital inVeStnnts in Club facilities at the right time. The Club is bEry reliant on its generous sponsors and use of the Clubhouse by its members and kxxl community to generate the fvnds required to meet day-t day runnng cts. The new Clubhouse costs more to run. parficularty for (x)sts suth as insuran. The Irustees haNE therefore detemiined that it is pwdentto maintsin between sx and Iwelve months an1icipa Nnning costs by vray of a general reserve. This lebEI to be kept urKler peiirmjic review. Amount of reSerS held Reasons for hokding zero reserves Details of furwj rnaterialty in def11 ExplanalKJn of any unortaintk8$ a1ul the charity (x)ntinuing as a going COnM 122 Cash balanS as detailed abo¥E. Not appli(3b P¥a 122 124 Nol appli(zble 123 Additional information (optional) You ma thoose to inthde further siments vthere rvant abt The charity's principal P•#1A7 The funds to meet nornpl operating costs SoUrS offunds {induding come from wEmbers subscxiptions, ra( any fundraising) enty fees and commeroal spon9)rs. In(identsl inL*rrE is generated from the use Of dubhouse buikjing by members and the local o)mThMJnty. Devel¢)pment proFcts. such as the new dubhouse. are onl )mmenc£d when
sufftienl fijnds haNe been raised. or guaranteed sour& of funds Klentrfred, to see them through to completion. Any such funds are rin9-fen and held in a separate aUnL Investment policy and objectives In¢dIng any social investment poli adopted P¥• 1.46 The dub holds no long-term inNEstrnenls. The winciple criteri)n is the Serity of funds. as such they are all held in aco)unts with UK based High Street banks. A description of the prncipal risks facing the charity Pva 1.40 The trustees maintsin a risk register that covers all aspeds ofthe Club's operations and whlch Is kept under regular review. The wincipal risks aro Operatx)nal risks. The Charity's key operatA)nal risk relates to the organisain of racing actlvities. Every year a mprehensIve risk assessment and m1tsgan plan is prepared and discussed V•ith the Falmouth Harbour Master. All racing is conducted in acurdan(x with World Sailing Rules and the Charity uses trained and experienwj offi(xrs. Each skipper is required to acknowWp their own responsibilty as regards risk rnanagernent for themselves. thelr crew and th8T yathL Th8 Cb has no specific jUDr section, nOnethe$S the Safeguarding risks for young peop18 and adults at risk has been revièwed in the year a1 refreshed as appropriate. Part of the dubhouse re418velopmènt IndeS a much4nhanced catsrlng facility. For the most part catering op8rations arn outsour(d to fully qualified third parties. The trustees and management commrttee are hOPr rnindful of their responbilItIeS under enNryronrnenlal healih Provisn$ a1 appropriale steps taken to ensure the legisfatv)n is fulty complEd with. During 2023 additional publlc health (rtificatss vffjre obtawied. Other Structure, Governance and Management Descriptton of tharliS trusts". Type of goveming (kment Ilrusl deed, ro al charlerl How is th8 charity o)nstituted? P•a 125 CIO ¢onsbtution P•¥ 125 cio
le.g. unincorporated ,?ssocialion. CIO) Trustee selection m6thcxJs induding details of any constitutional proMshMS e.g. electKJn to post or name of any person or dY enlitkd to appoint one or rrwye trustees 125 All trustees are elected by the Club membership at the AGM. One third ofthe trustees retire by rotation eath year and may for relection on Iwo occasions. y member may put their name forward to seNe as a truse then a wanCy arises. At the 2024 AGM one true retired by rotslion and b8ing eligible stood for re- elethn. Additlonal InfornBtion (optiona You ma chcKJse to include fijrther statements where reknnt abouL' Policies and procedures New trustees are fijlty briefed on their adopted for Ihe induction dutEs and responsibilrbes using materral and trainfftg of trustees from the Charity Commrssion websrte. The charity's organisational structure and any wbjer network with vthith the charity works P*a 1fj1 The day-to48y actiiltses ofthe Cb are run by a managefft committee. chaired by the Club Commodore (btho is also a trustee). The mernrs of the management cxlmmiltee are elected annualty at the AGM and a dM•m from the dub membership. y member may put themselves forward for nsIdera by the members at the AGM. In a wthr ntsxI the Cb is an adive member of the Port of FalmrMJth Sailing Asso(iation, The Royal Yachting Asso(iation and the Corrnwali Marine RetiOnShIp Vlryth any retated parties P¥8 1.51 Other Reference and Admlnlstrallve detalls Char na Other name the tha uses Re istered chari number Charty's principal ajdress Flushin Sailwi Club 1182993 New Quay Trefusis Road Flushing TR115TZ
Harn of the charity trustses who manage the charity TnMts• name Name ofpernon {or botyl •rthknd nttr1•O rfan Peter Harrfey Melanie Franks Jeanette Hill Dave Owtns Sarah Roby Izi Friend Commodore Chair Cwpted Ixober 2024. For electDn - 2025 AGM. 10 11 12 13 14 15 18 17 18 19 20 orate trustees- names of the directors at the date the Dlr•¢tsr nam• Nota licable wasa Namè oftrustees hokjing tiU8 to pnjperty beloTrging to the charrty Tnrnl•• n•m• Nota licablo
Funds held as custodian trustees on behalf of others Description of the assets Not applicable held in this capacty Name and objects ofthe charity on whose behalfthe assets are hekl and how this falls within the St{lian charity's objects Details of arrangen*nts for safe custtsly and segregatn of suth assets from the charity's Thyn assets Additional information (Optiona Names and addresses of adviserJ (Optlonal Infommthn) Type of Name adviser Name of chlef executive or names of senior staff members {Optional informalion) Exemptions from disclosure Reason non-disthure of ke r$ne{ details Other o tional inforniation
Declarations The trustees declare that they have apwoved the trtee$, report above. Signed on behalf of the chaiity8 trteel Signature(s) Full name(8) Poslth)n (eg Secretary• Chair. etc) DavKI Cknns Char ofTNste8S Dat• fmarch 2024
lif Flvshl Samlng Ctub CIO Receipts and payments accounts CC16a 01.Jafv24 To 31.ttr24 Section A Receipts and payments Unrestrl¢ted Restricte Endowment fvndB Totsl funds La¥tywr A1 Recelpts Mernbetship Ind r¥¢188S SponsoT5hiD. dwp)nsand gr8rs Bar. c•tering. ¥enue hlre 724 71612 2J03 63.191 7l$12 Sub total(Gro&s MKome fvAR) 11W01 A2 Asset and Inveslmenl salos. (see tsblel. 108A24 10#,367 100,401 A3Pa B•t. ¢at• venue hirE 51.619 15,751 Sl,619 15,751 37.369 12.282 9,758 2,514 474 2,619 1.929 R•¢ox Im Im Bank and card ch Oiher. GI admin wa 3.411 Sub total 'W17 89317 6Bh1 A4 Ass¢t and Investment purehasts. {5eg tsbkn) Clubhou1y¢ Pontoon devqlo m• 9.11 10.054 25.rffj4 3S,13B Sub total . X196 .3,032 123.513 71.442 Net o1rece1pwpaymts) . A5 Transfers between fund A6 Cash funds last year¢nd Cash funds this year•nd . 15.0 15.08 28.95 117.337 1012 117,337 101248 88.378 117,33
Section B Statement of assets and liabilities at the end of the period Unmtrlcted Restrlcted fvnd fund$ to n••r•rt£ Ent1owment funds CategorlÈs Detsl B1 Cash funds Sb)r CW Bank 784 25.593 Totsl ¢8sh funds 102248 funds fun(Is Details FwKItOTkh Cuff•rtva Oetslls B3 Investment assets Dètails B4 Assets retsined for th• chaty.$ own use 29.510 Clubh CIL hs •J Detalls optlov•f) BS Liabilitieg 11860 of all tl truste Prirt Name Date of approval 0s
CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Flushing Sailing Club CIO On accounts for the year ended 31 Dernber 2024 Charity no lrfany) 1182993 Set out on pages I report to the trustees on my examination of the accourrts of the above charity fthe Trusn for the year ended 31 December 2024. Responsibilities and As the charity trustees of Tru. you are responsible for the preparation of basis of report the a¢¢ounts in accordan with the requirements of the Charities Act 2011 rthe Aco. I report in respect of my examinatton of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confim that no material matters have come to my attention in connection with the examination which gÈves me cause to tElve that in, any material respeGt: accounting records were not kept in accordan with section 130 of the Art or the accounts do not aGcord with the accounting records Independent examiner's statement I have no concems arKI have come across no other matters in Connection Wtth the examination to whi¢h attention should be drawn in order to enable a proper understanding of the aGcounts to be reached. Slgned: Date: £oLf Name: Polly Tregaskes CTA FCA Relevant professlonal qualifiGation{s) or body (if any)= Chartered Accountant Address: 9 Orchard Vale Flushing Falmouth IER October 2018