Trustees’ Annual Report for the period
From 1[st] September 2020 to 31[st] August 2021
Charity name: The Scaramouche Sailing Trust
Charity registration number: 1183400
Objectives and Activities
| Objectives and Activities | ||
|---|---|---|
| SORP reference |
||
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To advance in life and relieve needs of young people through the provision of sailing programmes which develop their skills, capacities & capabilities to enable them to participate in society as mature and responsible individuals. |
| 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 |
The major activities during the year have been to raise funds to support the Greig City Academy Sailing Programme. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees have had regard to the guidance issued by the Charity Commission on public benefit. |
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 | During the year ended 31stAug 2021, the charity raised £29,256 to support the Greig City Academy (GCA) Sailing Programme. Grants totalling £24,874 were made to the GCA Sailing Programme. The small surplus was carried forward to the next financial year, for use in pursuit of the charity’s objectives. The GCA Sailing Programme provided exceptional opportunities for state school students from inner city London to develop confidence and skills through sailing events. The programme was impacted by Covid, but continued a wide range of activities during the year. During the year, three new trustees were appointed who brought specific skills and experience to strengthen the charity. We expect to increase our activities in the year ahead, and raise additional funds for the GCA Sailing Programme while also starting to build a more sustainable foundation for our work. |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | At the end of the period, the charity held £4,246 cash in its bank account. During the period, the charity received £29,256 of charitable donations and the charity made grants of £24,874 to the Grieg City Academy Sailing Programme. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | A modest level of reserves is held to support the minor running costs of running the charity. The charity does not employ staff and has no wind-up costs. |
| Amount of reserves held | Para 1.22 | £4,246 |
| Reasons for holding zero reserves |
Para 1.22 | N/a |
| Details of fund materially in deficit |
Para 1.24 | None |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/a |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charitable Incorporated Organisation |
| 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 | Trustees are appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. The trustees appoint one of their number to chair their meetings. |
Reference and Administrative details
| Charity name | The Scaramouche Sailing Trust |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1183400 |
| Charity’s principal address | Grieg City Academy High St London N8 7NU |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Alison Smith | ||||
| Damilola Ajagbonna | ||||
| Alex Jacobs | Chair | |||
| Jon Holt | Appointed 10/3/21 | |||
| Elspeth McBain | Appointed 30/8/21 | |||
| James Evans | Appointed 30/8/21 |
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets N/a held in this capacity Name and objects of the N/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/a safe custody and segregation of such assets from the charity’s own assets
Exemptions from disclosure
Reason for non-disclosure of key personnel details
N/a
Other optional information
Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signaturels) Full namels) Position (eg Secretary, Chair, etc) Alex Jacobs 4K Alti6(L4 vl i(ulkee Chair Date
The Scaramouche Sailing Trust
1183400
Receipts and payments accounts
CC16a
| For the period from |
Period start date 01/09/2020 |
To | Period end date 31/08/2021 |
|---|---|---|---|
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ |
Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
Endowment funds to the nearest £ |
Total funds to the nearest £ |
Total funds to the nearest £ |
Last year to the nearest £ |
|---|---|---|---|---|---|---|---|---|---|
Charitable donations |
29,256 | - | 29,256 | 48,691 | |||||
| Sub total(Gross income for AR) | 29,256 | - | - | 29,256 | 48,691 | ||||
| A2 Asset and investment sales, (see table). |
|||||||||
| - | - | - | - | ||||||
| Sub total | - | - | - | - | - | ||||
| Total receipts A3 Payments |
|||||||||
| 48,691 | |||||||||
Grantspayable |
24,874 | - | 24,874 | 28,064 | |||||
| Expenses paid on behalf of Grieg City Academy Sailing Programme |
- | - | 20,627 | ||||||
| Other expenditure | 136 | 136 | |||||||
| **Sub total ** | 25,010 | - | - | 25,010 | 48,691 |
| A4 Asset and investment | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| purchases, (see table) | ||||||||||||
| - | - | - | - | |||||||||
| **Sub total ** | - | - | - | - | - | |||||||
| Total payments | 25,010 | - | - | 25,010 | 48,691 | |||||||
| Net of receipts/(payments) | 4,246 | - | - | 4,246 | - | |||||||
| A5 Transfers between funds | - | **- ** | - | - | - | |||||||
| A6 Cash funds last year end | - | - | - | - | - | |||||||
| Cash funds this year end | 4,246 | - | - | 4,246 | - |
Section B Statement of assets and liabilities at the end of the period
| CCXX R1 accounts (SS) Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B4 Assets retained for the charity’s own use B5 Liabilities Signed by one or two trustees on behalf of all the trustees |
1 Details Details Details Details Details Total cash funds Balance held in bank account Signature |
Unrestricted funds Restricted funds to nearest £ to nearest £ 4,246 - 4,246 - to nearest £ to nearest £ - - Fund to which asset belongs Cost (optional) - Fund to which asset belongs Cost (optional) - Fund to which liability relates Amount due (optional) - Print Name Elspeth McBain Alex Jacobs |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| to nearest £ | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| Current value (optional) |
|||
| - | |||
| When due (optional) |
|||
| Date of approval | |||
| 03/02/2022 | |||
| 03/02/2022 | |||
| 10/04/2022 |
CCXX R1 accounts (SS)
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts *• Section A Independent Examiner's Report Report to the trustsesl members of Scaramouche Sailing Trust On accounts for the year ended 31 August, 2021 Charity no (if any) 1183400 Sel out on pages 1-2 (Section A & Section B) I report to the trustees on my examination of the accounts of the abov8 charity (Yhe Trusl'l for the year ended 3110812021 Responslbllltles and As the charity trustees of the Trusl, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (Yhe Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, have followed the applicable Directions given by the Charity Commission under section 14515llbl of Ihe Act. I have completed my examination. I confim that no material m8tters have Come to my attention in nnectIOn with the examination which gives me causè lo believe that in, any material respeGI'. aGGounling records were not kept in accordance with section 130 of the Act or the accounts do not accord with th8 accounting records Independent examinerf8 ststsmont I have no ¢oncems and have come across no olher matters in connection with the examination lo which attention should be drawn in order to enable a proper understanding of the accoun15 to be reached. Slgned: Date: 19th April, 2022 Name: James Andrew Fitzsimmons Relevant professional qualificatlonls) or body {If any): ICAEW Address: 18 Noman Road, London SW19 1BN IER October 2018
Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of Charity accounts.. directions and guidance for examiners). Give here brief detalls of any items that the èxaminer wishes to disclose. None IER October 2018