## **Trustees’ Annual Report for the period** **From 1[st] January 2025 To 31[st] December 2025** ## **Charity name: Flushing Sailing Club** ## **Charity registration number: 1182993** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The object of the CIO is to promote and
facilitate community participation in healthy
recreation by providing facilities for sailing
for those resident in the local Flushing and
Falmouth and greater area and surrounding
environs.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|FSC CIO facilitates low-cost keelboat and
affordable racing in Falmouth Harbour and
Carrick Roads for a wide age of population
structure. It provides a social hub not only
for race participants but also significantly
for the local community. It aims to enhance
accessibility to the water through the
provision of a floating pontoon accessed
via a bridge/gangway.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees confirm that throughout 2025
they have had careful regard to the Charity
Commission’s guidance on public benefit.
In particular:
There is an open house policy on race
days/ nights and for the winter talks
programme. The club house can be used
as a venue, with a small donation to cover
costs, by a wide range of people and
organisations in the local community. The
Clubhouse is used for yoga and Pilates
classes and a fortnightly village coffee club.
There is no entry fee requirement for new
members applying to join the club.
The costs of membership and Race Fees
are kept low and among the lowest in the
harbour. The trustees have decided to
increase membership and race fees in
2026, to reflect inflationary pressures and
increases in the minimum wage whilst
continuing to encourage improvements in| participation. We will continue to offer a reduced fee for 18–34-year-olds in 2026. ## **Additional information (optional)** ## You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|The charity will make grants in exceptional
circumstances and which, in particular,
promote sailing opportunities for those who
might otherwise be able to afford them.
In 2025 the CIO made a grant to the
Roseland Sailing Trust so as to sponsor
one young person to experience a week on
a tall ship. A charitable donation has been
made to the Flushing Village Pantomime
Group to help them invest in new scenery
backdrops and technical equipment. The
Club also holds contribution boxes for a
range of charitable organisations including
a recent collection to the RNLI. The Club
hosts the annual Flushing Village Regatta
with funds from the teas being donated to
the good causes in the village including the
school and the Christmas Lights.| |Policy on social investment
including program related
investment|Para 1.38|Not applicable| |Contribution made by
volunteers|Para 1.38|All Club activities are run by volunteers with
the exception of 3 paid, part-time, seasonal
workers and 1 part time administrator. The
day to day running of the Club is done by
committee members and trustees as
volunteers.
Yacht racing which is the Clubs central
activity is run entirely by a dedicated race
team made up of committed volunteers
who give their time freely and regularly to
facilitate the enjoyment of others. These
volunteers also make a significant
contribution to local village regattas,
championships and Falmouth Sailing
Week.
During 2025 volunteers have continued to
prepare multiple supporting documents for
the pontoon proposals. These require a
Marine Licence from the Marine
Management Organisation (granted April
2025) and planning/listed building consent
from Cornwall Council. The club is
extremely fortunate to benefit from a group
of members with relevant professional skills
who through undertaking voluntary work
have greatly reduced the professional fees| which would have been otherwise incurred on the pontoon project. Similarly, the projects to update the finance systems and the website and membership systems have benefitted hugely from the expertise of a small number of volunteers who have given so freely of their time. A very large thank you to all our volunteers, we couldn’t do it without your remarkable support and commitment. ## **Achievements and Performance** **----- Start of picture text -----**
SORP reference
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|**Achievements and Performance**|**Achievements and Performance**|**Achievements and Performance**| |---|---|---| |SORP reference||| |||| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|The Club has successfully run its full race
programme of nearly 60 events throughout
the season, attracting competitors from
throughout the area, despite the poor
weather conditions in 2025. In total 107
boats raced in 11 different classes. Over
the season we estimate that equates to
some 4,400 people out on the water and
pleasingly saw good numbers of new,
female and young sailors among them. Our
Tuesday evening racing remains the best
supported regular racing in the Harbour
with numbers for the Saturday series
remaining stable.
New volunteers joined our highly
experienced race office team.
The links established with Falmouth &
Exeter University have continued to
develop to encourage more young people
to participate in our events. This has been
further facilitated by the development of the
FSC Crewing WhatsApp group and a wider
WhatsApp Community which puts potential
crew in touch with boat owners and vice
versa.
The winter talks programme and Friday
night suppers assist in maintaining the
club’s role as a social hub and to foster the
all-important community spirit. The
development of Friday evenings as a social
evening has been very strongly supported
by members. We continue to provide a
meeting venue for a number of sailing
events coordinating Committees for which
we do not seek facility donations.
Thanks in part to the racing programme we
run and benefits of the clubhouse and
being a member, membership numbers
have remained stable-472 in 2024| compared to 467 in 2025. We will closely monitor this slight drop. We met the Chief Executive of the RYA in November 2025 where it emerged that in terms of age of membership and overall numbers it appears that the Club is holding up extremely well when compared to general sports club membership trends across the country and beyond. An ongoing focus during the year has been to continue the work to improve the essential back-office systems to make the lives of our key volunteers easier. We commenced looking at further opportunities to improve this further in 2026 for example in terms of race result management. Improved safety advice has been a major focus for the Management Committee and trustees during the winter of 25/26. We have sought specialist advice sought from the Royal Yachting Association etc. examining the implications of formal reports on marine incidents in other parts of the country and in the wider sailing community. A reinforced training and awareness campaign is being rolled out prior to the new season and is open to all. For the first time ever, the Club ran a Medical Incident Management talk in 2025. The Club remains actively involved in lowering its environmental footprint. In 2025 the Club purchased with generous grant assistance a new robotic racing mark which reduces significantly the need to anchor marks in the Special Area of Conservation. This is operated by apprentices from Pendennis Shipyard Ltd. The Club has also been investigating over the winter of 2025 training opportunities for race officers and sailing rules compliance to be run prior to the sailing season in early 2026. As ever, the trustees are most grateful to all those who have worked so hard on these key projects. **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|See above| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|The Club is now concentrating its efforts on
the next phase of its Development Plan
with two key elements, gaining the planning
and listed building consents for the pontoon
and funding for the solar panels.
Significant grant assistance will also be
need for the pontoon.| |---|---|---| |Investment performance
against objectives|Para 1.41|All surplus funds are held in accounts with
UK based High Street banks.| |Other||| ## **Financial Review** **----- Start of picture text -----**
Review of the charity’s Para 1.21 Cash balances on 31 [st] December 2025
financial position at the end were £95,909, which includes £14,282 from
of the period members who had renewed their
membership before the end of the year.
Statement explaining the Para 1.22 FSC has a well-established and recently
policy for holding reserves reviewed, long-term Development Plan.
stating why they are held The key focus of this is the development of
top-class facilities to support access for all
to the water in the pursuit of its charitable
aim to promote and facilitate community
participation in healthy recreation. The
Environment Plan provides a fundamental
framework for these developments and
investments.
To this end specific reserves have been
established for the pontoon project and
solar panel proposals and to enable capital
investments in Club facilities at the right
time.
The Club is very reliant on its generous
sponsors and use of the Clubhouse by its
members and the local community to
generate the funds required to meet day-to-
day running costs. The new Clubhouse
costs more to run, particularly for costs
such as insurance. The trustees have
therefore determined that it is prudent to
maintain between six and twelve months
anticipated running costs by way of a
general reserve. This level to be kept under
periodic review.
Amount of reserves held Para 1.22 Cash balances as detailed above.
Reasons for holding zero Para 1.22 Not applicable
reserves
Details of fund materially in Para 1.24 Not applicable
deficit
Explanation of any Para 1.23 None
uncertainties about the
charity continuing as a going
concern
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## **Additional information (optional)** ## You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|The funds to meet normal operating costs
come from members subscriptions, race
entry fees and commercial sponsors.
Incidental income is generated from the
use of the clubhouse building by members
and the local community.
Development projects, such as the recent
clubhouse, are only commenced when| |---|---|---| **----- Start of picture text -----**
sufficient funds have been raised, or
guaranteed sources of funds identified, to
see them through to completion.
The purchase of the robotic race mark was
grant funded by Cornwall Council
Community Infrastructure Levy funding to
the Fal and Helford Special Area of
Conservation. Revenue costs have been
generously supported by Club sponsors.
Investment policy and Para 1.46 The Club holds no long-term investments.
objectives including any The principle criterion is the security of
social investment policy funds, as such they are all held in accounts
adopted with UK based High Street banks.
A description of the principal Para 1.46 The trustees maintain a risk register that
risks facing the charity covers all aspects of the Club’s operations
and which is kept under regular review.
The principal risks are:
Operational risk. The Charity’s key
operational risk relates to the organisation
of racing activities. Every year a
comprehensive risk assessment and
mitigation plan is prepared and discussed
with the Falmouth Harbour Master. The
new 2026 Risk Assessment has been
carefully reviewed in the light of specific
discussions with the RYA racing and Safety
Team Manager. All racing is conducted in
accordance with World Sailing Rules, and
the Charity uses trained and experienced
race officers. Each skipper is required to
acknowledge their own responsibility as
regards risk management for themselves,
their crew and their yacht. Detailed
discussions with the RYA are ongoing to
refresh the risk register.
The Club has no specific junior section,
nonetheless the Safeguarding risks for
young people and adults at risk has been
reviewed in the year and refreshed as
appropriate.
Part of the clubhouse re-development
includes a much-enhanced catering facility.
For the most part catering operations are
outsourced to fully qualified third parties.
The trustees and management committee
are however mindful of their responsibilities
under environmental health provisions and
appropriate steps taken to ensure the
legislation is fully complied with. During
2025 additional public health certificates
were renewed and with excellent results.
Other
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## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|CIO constitution| |How is the charity
constituted?
(e.g. unincorporated
association, CIO)|Para 1.25|CIO| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|All trustees are elected by the Club
membership at the AGM. One third of the
trustees retire by rotation each year and
may stand for re-election on two occasions.
Any member may put their name forward to
serve as a trustee when a vacancy arises.
At the 2025 AGM one trustee retired by
rotation and being eligible will stand for re-
election.| **----- Start of picture text -----**
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures Para 1.51 New trustees are fully briefed on their
adopted for the induction duties and responsibilities using material
and training of trustees from the Charity Commission website.
The charity’s organisational Para 1.51 The day-to-day activities of the Club are
structure and any wider run by a management committee, chaired
network with which the by the Club Commodore (who is also a
charity works trustee). The members of the management
committee are elected annually at the AGM
and are drawn from the club membership.
Any member may put themselves forward
for consideration by the members at the
AGM.
In a wider context the Club is an active
member of the Port of Falmouth Sailing
Association, The Royal Yachting
Association, the Falmouth Harbour User
Group and the Cornwall Marine Network.
Relationship with any Para 1.51
related parties
Other
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## **Reference and Administrative details** |Charity name|Flushing Sailing Club| |---|---| |Other name the charity uses|| |Registered charity number|1182993| **----- Start of picture text -----**
Charity’s principal address New Quay
Trefusis Road
Flushing
TR11 5TZ
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**Names of the charity trustees who manage the charity** **----- Start of picture text -----**
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Peter Harvey Commodore
3 Melanie Franks
4 Jeanette Hill Appointed March 2024.
6 Dave Owens Chair
8 Sarah Roby
9 Izi Friend Appointed 2025.
10
11
12
13
14
15
16
17
18
19
20
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– Corporate trustees names of the directors at the date the report was approved **Director name** Not applicable Name of trustees holding title to property belonging to the charity **----- Start of picture text -----**
Trustee name Dates acted if not for whole year
Not applicable
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## **Funds held as custodian trustees on behalf of others** Description of the assets Not applicable held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** David Owens **Position (eg Secretary,** Chair of Trustees **Chair, etc) Date** March 2026 Flvshln 8allln C￿b CK) Recel ts and ments accounts CC16a or 01Jan-25 To 31-Dec-25 Section A Receipts and payments Unr•8trl¢t¢d R•$trlcted funds lund• l• lh• n••rn•l ID th• n••r•st Endowmtrnt fund$ Total funds Last y••r t•lh• nMr•*le t• lh• n•*r•st t• th• n•Ar•5t A1 R•e•lpts Membership ind ra<* fee8 Sponsorship, donations *nd gran18 Bar, catsr¢r¥J, ¥enue hir• Bank int¢rn#t r•cw•d 28.699 13.9B6 20A71 72.612 39 Sub total(Gmss income for 13.966 125AB2 109.367 A2 Asset and Inv6slm¢nt sales. (see table). ub total 111￿17 13.966 125N82 109A67 A3Pa ments B•r ••t•rln v•nu• hlr• Pr•thls•g otsgts 51.619 15.781 11,960 1373 650 15.732 17,216 19.227 17.216 1829 654 Z5Z3 M*rk•Un Pro1•55lon•l Bank and Card Gha Oth•r Ino1 admln wa Ch•rhbl• dvrwll•ns 4448 950 Sub total 101.3 89,317 A4 Assèt and Investment ur¢hases see lable Clubhous• d•v•l Ppntvon d•v•lp ur•h*s•s 211 1zgn 1.714 19.950 10.064 25.084 13.193 11.774 JOA28 10.000 10.470 Sub total 35.138 117,866 13.966 131.821 124,468 Net of recelpts/(payments) . AS Tran8fer8 between funds A6 Cash funds last year•nd Cash funds thls yearend 6.339 16,089 102.248 85.909 102,248 96.909 117,337 102.248 Section B Statement of assets and liabilities at the end of the period Ufir•8trlèt•d fund• l• ￿••r￿* ¢ R•strlgt•d fvndj Endowm•nt lund8 Categorles Detalls 81 Cash eunds GenerDI AttO￿t ank rotalcash funds Unr•strfct•d RMtrlct•d Endovnn•nt furKIs funds funds ts sM*r•st£ Dètslls t• B2 Oth•r rnon•t#ry ass•ts *r Stoc Fund lo whl•fv Detalls C•¥t lopllon* 83 Invosthwnt xsots ¢¥rr•nt val Detalls B4 Assots r•talnod for th• ¢harity¥ own us• Fi¥lwe5 and Clubh ub lJurKh x2 h￿6 aTrJ +Jth¢f Ponlwi Mark 8ot Rqd•v•k) General G•n&Tal Gènoral Fund Detalls Member51x 86 Ll2bllltloS GongTal General 14 SkJned by one orts*) trustee$ on h￿1 of all ￿ tNste&s Date c roval &gnature Print Name e￿s 24 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Se¢tion A Independent Examiner's Report Report to the trustaesl members of Flushing Sailing Club CIO On accounts for the year ended 31 Decemter 2025 Charity no (if any) 1182993 Set out on pagos I report to the trustees on my examination of the accounts of the above charity ('the Tnjsf) for the year ended 31 December 2025. Rosponslbilities and As the chanty twst*s of the Trust, you are responsible for the preparation of basis of report the accounts in accordants with the raquirements of the Charities Act 2011 (Ihe Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 ofthe 2011 Act and in carying OLrt my examination, I have followed the applicable Directions given by the Charrty Commission uncler section 145(5)(b) of the Act. I have comF4eted my examination. I confirm that no material matters have come to my attention in connection wth the examination which gives me cause to believe that in, any material respect." accounts.ng records were not kept in accordan￿ with section 130 of the Act or the accounts do not accord with the accounting records I have no cOn￿mS and have come a(mss no other matters in conne¢ts"on wilh the examination to which attents'on should be df3wn in order to enable a proper understanding of the accounts to be reached. Independent examinor's statsment Slgned: Dat•: Name: Polly Tregaskes CTA FCA Relevant profosslonal qualification{sl or body (if any): Chartered Accountsnt Address: 9 iknard Vale Flushing Falmouth IER (ktober 2018