2022-12-31-accounts - Royal Naval Sailing Association

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Current Enanclal year	Current Enanclal year
				Unmstrtcted Unrestricted		Restricted	Endowment	Total	Total
				funds	funds	funds	funds
				general	designated
				2022	2022	2022	2022		2021
		Notes		8	6	6	8		6
In o	ants from:
Donations and legacies		3		224,115				224,115	231,891
Charitable activities		4		35,308		10,792		49,100	20,227
Other trading activities		5	.	34,001				34,001	26,188
Investments		6		10,278		2,705		12,983	8,423
Material other income									167,222
Other income		7		43,861				43,861	39,653
Total income and
endowments				347,563		13,497		361,060	493,604
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Raising funds		8		29,827		2,050		31,877	28,911
Charitable activities		9		278,653	527	61,207		340,387	315,423
Other		15		16,682		1,159		17,841	(2,564)
Total expenditum				325,162	527	64,416		390,105	341,770
Net gains/fosses)	on
investments		16		(51,144)		(15,266)		(66,410)	36,322
Net (outgoing)/incoming
resources before	transfers			(28,743)	(527)	(68,185)		(95,455)	188,156
Gross transfers
between funds				(5,563)	' 5,563
Nst movement In	funds			(34,306)	5,036	(66,185)		(95,455)	188,156
Fund balances st 1 January
2022				841,632	10,222	491,386	108,184	1,451,424	1,263,268
Fund balances at	31
December2022				807,326	15,258	425,201	108,184	1,355,969	1,451,424

Prior financial year	Prior financial year
					Unrestricted	Unrestricted		Restricted	Endowment	Total
					funds		funds	funds	funds
					general	designated
				Notes	2021 f	'	2021 f	2021	2021f	2021f
Income and endo		e	ts from
Donations and legacies					231,891					231,891
Charitable activities					14,060			6,167		20,227
Other trading activities					26,188					26,188
Investments					7,424			999		8,423
Material other income								59,038	108,184	167,222
Other income					39.653					39,653
Total Income and	endowments				319,216			66,204	108,184	493,604
ExXi~ni@tfg0;
Raising funds				8	27,826			1,085		28,911
Charitable activities					253,331		338	61,754		315,423
Other				15	(2,564)					(2,564)
Total expenditure					278,593		338	62,839		341,770
Net gains/(losses)	on	investments		16	32,418			3,904		36,322
Net (outgoing)/incoming			resources before
transfers					73,041		(338)	7,269	108,184	188,156
Gross transfers between			funds		(4,489)		4,489
Net movement in	funds				68,552		4,151	7,269	108,184	188,156
Fund balances at 1 January 2021					773,080		6,071	484,117		1,263,268
Fund balances at	3'I	December 2021			841,632		10,222	491,386	108,18'4	1,451,424

			Notes	2022 6		2021 f
Fixed assets
Tangible assets			17		438,250		500,672
Investments			18		645,854		733,606
					1,084,104		1,234,278
Current assets
Stocks			20	20,858		27,112
Debtors			2'I	46,719		24,181
Cash at bank and In		hand		260,534		205,749
				328,111		257,042
Creditors:	amounts	falling due within
one year				(56,246)		(39,896)
Net current	assets				271,865		217,146
Total assets less current liabilities					1,355,969		1,451,424
Capital funds
Endowment	funds		23		108,184		108,184
Income funds
Restricted	funds		24		425,201		491,386
Unrestricted	funds
Designated	funds		25	15,258		10,222
General unrestricted		funds		807,326 .		841,632
					822,584		851,854
					1,355,969		1,451,424

Gonatlons	and legacies
		Unrestricted Unrestricted
		funds	funds
		general	general
		2022	2021
		6
Donations and gifts		543	20,655
Grants receivable		11,000	8,120
Membership	fees	212,572	203,116
		224,115	231591
Donations	and gifts
Adam Gosling Legacy			20,000
Other		543	655
		543,	20,655
Grants receivable forcore activities
NSSC		11,000	8,000
RNRM Sports lottery			120
		11,000	8,120

			Ding hlea	Yachting	Wlndeurang	Sailing	Total	Total
						Development	2022	2021
			2022	2022	2022	2022
				0		0
Sales within	charitable
activities			1,376		50	9,350	10,776	10,492
Performance		related
grants					530	10,792	11,322	6,417
Miscellaneous		Income	14,700	9,302			24,002	3,318
			16,076	9,302	580	20,142	46,100	20,227
Analysis by	fund
Unrestricted	funds-
general			16,076	9,302	580	9,350	35,308	14,060
Restricted funds						10,792	10,792	6,167
			16,076	9,302	580	20,142	46,100	20,227
Performance		related grants
RNRM Sports		Lottery-
Grassroots	Fund				530	8,507	9,037	(1,380)
RNSCB (SEG)						2,285	2,285	(4,787)
Other								250
					530	10,792	11,322	6,417

					Dlnghlea	Yachting	Wlnttaornne	Wlnttaornne	Saltine	Total
									Development	2SS1
						s	.	s	s
Sales within	charitable		acbvities		1,217	280		75	8,920	10,492
Performance		related grants						250	6,167	6,4'l 7
Miscellaneous		income			1,008			2,310		3,316
					2,225	280		2,635	15,087	20,227
Analysis by fund
Unrestricted	funds - general				2,225	280	2,635		8„020.	14,060
Restricted funds									6,167	6,167
					2,225	280		2,635	18,087	20,227
Performance		related	grants
RNRM Sports		Lottery - Grassmots		Fund					1,380	1,380
RNSCB (SEG)									4,787	4,787
Other								250	-	250
								250	6,167	6,417
Other trading		activities
								Unrsstricted Unrestricted
									funds	funds
									general	general
									2022	2021
										8
Sponsorships									7,000
RNSA shop	income								27,001	26,188
Other trading		activities							34,001	26,188

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		general			general
		2022 6		2022 8	2021	2021	2021f
Investment	income	10,237	2,705	12,942	7,422	999	8,421
Interest receivable		41		41	2		2
		10,278	2,705	12,983	7,424	999	8,423

					Unrestricted	Unrestricted
					funds	funds
					general	general
					2022	2021
					6	8
Other	income				68	11'I
RNSA	Moorings recharged			costs and licence fees	36,033	32,712
Insurance		commissions			4,560	3,930
Journal	advertising		income		3,200	2,900
					43,861	39,653

					Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
					funds	funds		funds	funds
					general			general
					2022	2022	2022	2021	2021	2021
					6		8	2	6	6
	i in	and		ublici
Advertising Third~~					2,642		2,642	1,726		1,726
Other	trading,		RYAand
shop					20,352		20,352	19,210		19,210
Investment		management			6,833	2,050	8,883	6,890	1,085	7,975
					29,827	2,050	31,877	27,826	1,085	28,911

Chadtable a	ctivities
				Dinghies	YachttngWtndsurftng		Saglng	Total	Total
							Development	2022	2021
			2022	2022	2022	2022	2022
			6	6			6
Staffcosts			119,050					119,050	115,746
Depreciation	and impairment		64,543					64,543	65,117
Rent			14„450					14,450	14,450
Journal costs			17,730					17,730	15,609
Telephone and internet			1,593					1,593	1,482
Computer and website			10,630					10,630	14,215
Udilties			4,601					4,601	2,900
Printing, postage and		stationery	4,841					4,841	5,020
Events							310	310
Subscriptions	and Atliation Fees						2,809	2,809	2,050
Sailing output				13,162	'l1,786	2,615	3,640	31,203	19,719
Boat Insurance				2,594	1,540	903	4,287	9,324	10,466
Boat running	costs			10,420	16,271		6,615	33,306	28,562
			237,438	26,176	29,597	3,518	17,661	314,390	295,336
Grant funding	ofactivities (see note 11)		6,500					6,500	700
Share ofsupport costs (see note 12)			15,429					15,429	11,414
Share ofgovernance		costs (see note 12)	4,068					4,068	7,973
			263,435	26,176	29,597	3,518	17,661	340,387	315,423
Analysis by	fund
Unrestricted	funds - general		208,153	24,977	29,597	2.991	12,935	278,653	253,331
Unrestricted	funds - designated					527		527	338
Restricted funds			55,282	1,199			4,726	61,207	61.754
			263,435	26,178	29,597	3,518	17,661	340,387	315,423


Charitable activities								(Continued)
Forthe year ended	31December 2621
				Dinghies	YachttngWindsurling		Sailing	Total
							Development	2021
							6	8
Staff costs		115,746						115,746
Depreciation and impairment		65,117						65,117
Rent		14,450						14,450
Journal costs		'l5,609	'					15,609
Telephone and internet		1,482						1,482
Computer and website		14,215						14,215
Utilities		2,900						2,900
Printing, postage and	stationery	5,020						5,020
Subscriptions and A(6liation Fees							2,050	2,050
Sailing output				3,752	10,491	4,096	1,380	19,719
Boat Insurance				2,345	2,795	707	4,619	10,466
Boat running costs				4,313	17,215		7,034	28,562
		234,539		10,410	30,501	4,803	15,083	295,336
Grant funding ofactivities (see note 11)								700
Share ofsupport costs (see note 12)		11,414						11,414
Share ofgovernance	costs (see note 12)	7,973						7,973
		253,926		10,410	30,501	4,803	15,783	315,423
Analysts by fund
Unrestricted funds - general		198,339		10,410	30,501	4,465	9,616	253,331
Unrestricted funds - designated						338		338
Restricted funds		55,587					6,167	61,754
		253,926		10,410	30,501	4,803	15,783	315,423

Support cos	ts
		SupportGovernance		2022	Support	Governance	2021
		costs 6	costs f	6	costs 6	costs
Office expenses		4,082		4,082	2,038		2,038
Insurance		6,005		6,005	4,927		4,927
Bank and other financial
charges		3,827		3,827	4,043		4,043
Sundry expenses		1,515		1,515	406		406
Accountancy			1„440	1,440		1,440	1,440
Independent
Examination	fees		2,628	2,628		4,518	4,518
Constitutional	change
costs						2,015	2,015
		15,429	4,068	19,497	11,414	7,973
Analysed between
Charitable activities		15,429	4,068	19,497	11,414	7,973	19,387'

The average monthly number ofemployees during t	he year was:
	2022	2021
	Number	Number
Employment costs	2022	2021
	6	6
Wages and salaries	109,711	106,274
Social security costs	6,967	7,028
Other pension costs	2,372	2,444
	119,050	115,746

18	Fixed asset investments	Fixed asset investments
					Listed
					investments
					6
	Cost orvaluation
	At 1 January 2022				733,606
	Additions				125,968
	Valuation changes				(91,969)
	Cash movement				(4,935)
	Disposals				(116,816)
	At 31 December 2022				645,854
	Canying amount
	At 31 December 2022				645,854
19	Financial instruments			2022	2021
					6
	Canylng amount offinancial assets
	instruments measured	at fair value through	profit orloss	645,854	733.606
20	Rocks
				2022	2021'
				6	6
	Finished goods and goods for resale			20,858	27,1'l2
21	Debtors
				2022	2021
	Amounts falling due	within one yean		2
	Trade debtors			10,005	7,855
	Other debtors			(270)	973
	Prepsyments and accrued Income			36,984	15,353
				46,719	24,181

Creditors: amounts	falling due wtthin one year
		2022	2021
		6	6
Other taxation and social security		4,209	4,184
Trade creditors		6,045	11,505
Other creditors		9,939	804
Accruals and deferred	income	36,053	23,403
		56,246	39,896

				Movement	Movement	in funda	in funda			Ilovement	in funds
			Balance at 1January 2021	Incoming msources	Resources expended 8		Revaluaaons, gains andt losses 6	Balance at January 2022	Incoming resources	Resources expended	Translem f	Revaluations, gains and losses 8	Balance at 21 December .2022 6
RNSA	(old entity) grants		483,378		(53,647)			429,731		(51,701)			378,030
Sports	equipment	grant (SEG)	739			(369)		370	2,285	(2,655)
Samuel	Woodcock	Memorial
Trust				60,037		(2,656)	3,904	81,285	2,705	(5,451)	(2,356)	(1.5,266)	40,917
RNRM	Sports Lottery-
Grassroots Fund				1,380		(1,380)			3,880	(3,640)			240
Sports	equipment	grant (SEG)
2020				4,787		(4,787)
RNRM	Sports Lottery-
Equipment									. 4,627	(577)			4,050
Samuel	Woodcock	- Hawk								(392)	2,356		1,964
			484,117	66,204	(62,839)		3,904	491;386	13,497	(64,416)		(15,266)	425,201

				Movement	Movement	in funds
			Balance at	lncoinlns	Resources		Transfers	Balance at	Resources	Transfers	Balance at
			1January2021	resources	expended			1January 2022	expended		31 December
											2022
							6	f		6	6
Boat replacement		fund	4,301				4,489	8,790		5,563	14,353
Windsurling	fund	reserve	1,770			(338)		1,432	(527)		905
			6,071			(338)	4,489	10,222	(527)	5,563	15,258

Analysis o	fnet assets b	etween funds
		Unrestricted	Designated	Restricted	Endowment	Total	Unrestricted	Designated	Restricted	Endowment	'Total
		funds	funds	funds	funds		funds	funds	funds	funds
		2022	2022	2022	2022	2022	2021	2021	2021	2021	2021
			6	6	6	6	6			6	6
.Fund balances at 31
December	2022 are
represented	by:
Tangible assets		56,455		381,795		438,250	68,215		432,457		500,672
investments		496,753		40,917	108,184	645,854	566,493		58,929	108,184	733,606
Current assetsl(liabilities)		254,118	15,258	2,489		271,865	206,924	10,222	-	-	217,148
		807,326	15,258	425,201	108,184	1,355,969	841,632	10,222	491,386	108,184	1,451,424