## ## |||||||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|