## **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