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2020-09-30-accounts

Not applicable
Para 1.38
Policy on social investment
including program related
investment
The Club is- primarily
run by unpaid.
Para 1.38 volunteers.
None ofthe Trustees receive
Contribution made by any remuneration
orother benefits
volunteers including
the Treasurer and Secretary.
Other
Achievements and P rformance
SORP reference
Activities at the Club have been severely
limited as a result ofGovernment
restrictions
relating to COVID19.The
Summary
of
achievements		 the main
ofthe charity,		 Para 1.20 reservoir was closed by the landlords
(Wessex Water) for many weeks. As a
identifying the difference the result, much ofthe sailing has been
charity*s work has made to cancelled or restricted.
the circumstances ofits Despite this, the Training Team have
beneficiaries and any wider managed to run the summer youth
benefits to society as a training courses which are very popular
whole. amongst children
between the ages of8
and 15.A total of174children each
undertook a3-day course over an 8-week
period. Protocols were in place to ensure
a COVID secure environment
in line with
Government
and RYA guidelines.
IIany of
the students were new to sailing whilst
some have returned tofurther their skills.
Only 1adult course was held during the
ear due to the restrictions.

Review ofthe charity*s ofthe charity*s ofthe charity*s ofthe charity*s ofthe charity*s ofthe charity*s ofthe charity*s Para 1.21 As stated above, the activities of'the Club
financial position at the end have been severely reduced due to
ofthe period GOVID restrictions as well as the closure
ofthe reservoir forseveral months. This
has resulted
in reduced income and a
reduction
in membership.
However, costs
have also been lower than a normal year
and the Trustees have ensured that all
costs are kept under tight contro .A rent
rebate off2119from Wessex Water along
with grants of810,000and R1,000 have
helped mitigate the loss ofincome. As a
result, an excess ofincome over
expenditure
has resulted
in an increase
in reserves off21,522for the
ear.
Statement explaining the Para 122 Reserves are held to protect the charity
policy for holding reserves from variations
in income, unexpected
stating why they are held events and expenditures,
and to enable it
to finance improvements
in its facilities
and its charitable ob ectives.
Amount ofreserves held Para 1.22 Cash reserves atthe end ofthe y'ear were
F84,820.
Reasons for holding zero Para 1.22 NIA
reserves
Details of fund materially in Para 1.24 There are no funds
in deficit
deficit
Explanation ofany Para 1.23 Ongoing
COVID restrictions
continue to
uncertainties about the impact the operation ofthe Club which, at
charity continuing as a going the time ofwriting, is currently
closed to
concern all sailing. Ilembership
numbers
and
income are likely to be reduced from
previous years. Youth and adult training
courses could be reduced or even
cancelled altogether. As stated above,
the Club maintains
sufficient reserves to
ensure that itcan meet all essential and
unavoidable
costs for an extended
period. Itis hoped that COVID
vaccinations
will enable the Club to
return to normal operations
during the
course of2021.
Additional information (optional)
You ma choose to include further statements where relevant about
Ilembership
subscriptions
Training course income
The charity's
principal
sources offunds (including		 Para 1.47 Boat hire income
Grants
any fundraising) Donations
Not applicable
Investment
objectives		 policy and
including
any		 Para 1.46
social investment policy
adopted

:Description of ch'arity's
trusts:
Type ofgoverning
document		 Para 1.25 Constitution
(trust deed, royal charter)
How is the charity Para 1.25 Charitable
Incorp orated		 Organisation
constituted?
e.g. UnNcol pora'fed
assoclaoon„CIO)
Trustee selection methods Para 1.25 Elected by Ilemb ers annually
'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
Additional
information		 (optionaf),
You ma
choose to include further statements		 where relevant aboout
This CIO isgoverned by a Constitution.
There are additioonal rules affecting
.Policies and procedures
adopted forthe induction		 and Para 1.51 operational
has a Health		 and safety issues. The Club
and Safety Policy as well as
training
oftrustees		 aSafeguarding policy.
The Club-was- managed by aBoard of
-eight Trustees, .all ofwhom are elected or
The charity's
organisational
structure
and any wider		 Para 1.51 rewlected at the Annual
General
The Training
Principal represents		 INeeting.
the
network
with which the		 Training Team at the Trustees meetings.
charity works All expenditure- isagreed- by- the- Trustees
and managed by the Treasurer.
The Club is atenant ofWessex Water and
affiliated to the RYA. Which isthe sport's
Relationship
with any related		 Para 1.51 governing
body.
parties
The Club is run as far as is practicable
Other through
the		 contribution and efforts of
voiunteers
Reference and Administrative details
Charit
name		 Sutton Bin ham Sailin
Club
Gther name the chari
. uses
Re istered chari
number		 1183072
Charity's
principal address		 Sutton Bingham Sailing Club
Sutton Bingham
Yeovil.
Somerset
BA22 9QP

Type of Name Address
adviser

Signed on behalf ofthe chari rustees
Signature(s)
Full name(s) Mervyn RClark Philip A Godfrey
Position (eg Secretary,
Chair, etc)		 Commodore Hon Secretary
Date 11~January 2021

Year Ended
30Se tember 2019
FIXEDASSETS
Premises
Written
Down Value at		 01 October 2019 16787 11359
Addition
at Cost		 7826
16787 19185
Less: Depreciation O 12.5% 2098 14689 2398 16787
Club Boats Outboard Motors and Radios
Written
Down Value at		 01 October 2019 10491 11313
Addition at Cost 5175 1800
Less: Disposal 3975
11691 13113
~Le s:-Depreciation O 20% 2338 9353 2622 10491
Mowers and Sundries E ui ment
Written
Down Value at		 01 October 2019 1427 1783
Addition at Cost 1423
2850 1783
Less: Depreciation @20% 570 2280 356 1427
ADD: CURRENT ASSETS
Trophies at Cost 378 378
Inventory
Accounts Receivable		 600 600
735
Lloyds Bank pic —(Club}
Lloyds Bank pic —Deposit - (Club)
National
Westminster
Bank pic (Training
Close Brothers
Limited		 Div) 16824
35509
49311		 2496
6001
19863
48917
Cash in Hand 238 102860 145 79135
TOTAL ASSETS 129182 107840
LESS.CURRENT LIABILITIES
Creditors 120
Accruals 400 400
Other Payable 400 60 580
TOTAL NET ASSETS f128782 F107260
Represented
by:
GENERAL FUND
Opening
Balance at 01 October 2019
Excess of Income over Expenditure		 86323
21522		 84709
1614
Balance Carried Forward 107845 86323
RESERVES AND NIAINTENANCE FUND
Balance at 01 October 2019 20937 20937
RESERVES AT 3 SEPTEMBER 2020 f128782 E107260

Year Ended
30Se tember 2019
INCOME
Membership
Income		 32900 37683
Training
Income		 31235 36587
Interest Received 402 475
Boat Hire 760 3050
Facility Hire 20 113
Donation
Received		 1000
Social Committee Net Income 2645 3317
Miscellaneous 40 886
Grants Received —Small Business Relief 10000 79002 82111
Year Ended
30Se tember 2019
Total Income (Page III) 79002 82111
DEDUCT' EXPENDITURE
Rent 6381 8530
Insurance 4063 4115
Property
Depreciation		 2098 2398
Property Repairs 12542 3831 18874
I
Administration
Telephone 846 613
Light. Heat and Water 2524 2584
Marketing 410 1702
Administration Expenses 197 279
Race Committee (Net Expenses) 434 1456
Subscriptions 434 546
Professional Fee 1311 1913
Donations 100 120
Newsletters 624 897
Instructor/Helpers Fee 21931 24927
Catering Expense 1894 5221
Membership 4170
Contributing
to Training		 863 1275
Royal.Yachting Association Expense 1063 1025
Entertainment 219 15
Accountancy 444 195
Bookkeeping Fee 33294 163 47101
Maintenance
Cleaning 3633 2643
Covid 19Related Expenses 527
Equipment
Depreciation		 2338 356
Galley 1000
Maintenance and Chandlery 2149 8647 2335 6334
Boat Repairs 1715 3148
Boat.Hire 1285
Petrol and Oil 712 1133
Motor Boat Depreciation 570 2997 2622 8188
TOTAL EXPENDITURE 57480 80497
EXCESSOF INCOME OVER EXPENDITURE f21522 R1614