## **Carsington Sailability Trust** ## **Report and Financial Statements** **Year ended: 31st March 2024** **Charity no: 1196940** ## **Address** Carsington Sailing Club Carsington Water Ashbourne Derbyshire DE6 1SU ## **Trustees** Richard Mollart Chair of Trustees Rick Jillings Keith Stubbs resigned 30/4/23 Sarah Spencer Richard Hucker Kate Chamberlain Tony Nicholson appointed ## **Structure Governance and Management** Carsington Sailability Trust (CST) is a Charitable Incorporated Organisation Association Model and was first registered on 6th December 2021. CST is managed by a board of Trustees for which there needs to be a minimum of five and a maximum of nine. New Trustees are appointed by a majority of the existing Trustees. The trustees have met at quarterly intervals in response to the need to make decisions and further the aims of the charity. ## **Trustee Changes** Keith Stubbs resigned as a trustee in June 2023 Tony Nicholson was appointed as a trustee in September 2023 ## **Objectives and Activities of Carsington Sailability Trust** The object of the CIO is to provide and assist in the provision of water based activities at Carsington and the surrounding area for people with disabilities and mental health conditions in the interests of social welfare and with the object of improving the conditions of their life. In order to do this it provides boats, equipment and funding to enable the Sailability section of Carsington Sailing Club to run the operations of Sailability. Page �1 ## **Activities of the Trust** 2023-24 has been another very successful year for the Trust. ## **Achievements and Performance** ## **Highlights of Sailability Activities in 2023** The Trust is proud to have been able to support the following achievements of Sailability at Carsington in 2023. Supported regular sailing for an average per month of 32 sailors with disabilities between February and November inclusive. Hosted a Hansa TT racing event for 23 boats as part of the National TT series for Hansa dinghies which are especially developed to be sailed by those with disabilities. Enabled a total of 81 visitors with a range of disabilities to experience sailing from various groups including local Parkinson’s and Stroke support groups, as well as members of Sportability, BLESMA and Enabling Activities, a local group for young adults with disabilities. The support provided comprises financial contributions to the running costs of the operations of sailability. These include maintenance and repair of boats and ancillary equipment. Additionally, there were costs associated with inspection, testing and maintenance of the main jetty and hoists. We were also able to raise sufficient funds to complete the purchase of a second hand Venture Keel. ## **Charities Commission Guidance on Public Benefit** The Trustees confirm that they have had regard to the Charity Commission’s guidance on public benefit. ## **Financial Review** CST received a total of £13,769 in donations and grants. Major donors were Ashbourne Rotary £2,200, Scarsdale Rotary £300, Duke of Devonshire Trust £2,000, Matlock Rotary £200, Derbyshire CC £4,300, Derbyshire Dales Woodcraft £1,000, Hope Valley Rotary £500 and Derbyshire Dales DC £3,200. A significant proportion of these grants were specifically for the completion of the purchase of a second hand Venture Keel and associated equipment, and for a Hansa 303 and associated equipment. This has yet to be purchased. The closing balance as at 31/3/23 was £12,811 CST holds no funds as cash. The accounts are prepared using a receipts and payments method. This method does not require depreciation of assets to be acounted for. Page �2 ## **Policy for Holding Reserves** CST has no long-term commitments and does not employ any staff. It has fixed costs comprising trustees insurance and hoist servicing. There are also regular costs of maintenance and repair of boats and equipment. In order to meet these, the Trustees resolved to set the reserves at £1,000. This policy and the reserves amount will be reviewed annually. ## **Amount of Reserves Held** £1,000 There are no concerns about the charity continuing as a going concern. ## **Declarations** ## **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature:** **Name: Richard Mollart Position: Chair of Trustees Date:** Page �3 |**CARSINGTON SAILABILITY TRUST**|**CARSINGTON SAILABILITY TRUST**||||| |---|---|---|---|---|---| ||||||| |**Registered Charity Number 1196940**|||||| ||||||| |**RECEIPTS AND PAYMENTS ACCOUNT FOR THE PERIOD ENDED 31 MARCH 2024**|||||| ||||||| ||||||| ||**Note**|**Unrestricted**|**Restricted**|**Total**|**Total**| |||||**2023-2024**|**2021-2023**| |**Receipts**|||||| |Donations|1|4269|9500|13769|13,781| |VisitingGroups|2|984||984|135| |Events|3|732||732|0| ||||||0| ||||||| |Total||5985|9500|15485|13,916| ||||||| |||||S|| |**Payments**|||||| |**Running Costs**|||||| |Insurance||305||305|0| |Entertainment and Promotion|||||39| |Events|||||39| |**Fleet**|||||| |Boatpurchases|4||3500|3500|4500| |Engine Purchases|||||5882| |Equipment Purchases|||||814| |Maintenance|||729|729|689| |**Training**|||||| |Course expenses and books|||||| |**Donations**||100||100|| ||||||| |**Total**||||4634|11963| ||||||| |**Net Receipts**|||0|10851|1953| ||||||| �4 |**STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH 2024**|**STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH 2024**|**STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH 2024**|**STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH 2024**|**STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH 2024**|**STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH 2024**| |---|---|---|---|---|---| ||||||| |**ASSETS**|**Note**|**Unrestricted**|**Restricted**|**Total**|**Total 21-23**| ||||||| |Cash funds a|t
5|6,811|6000|12,811|1,960| ||||||| |**Non-Monetary Assets**|||||| |Boats,engine|6|64,000||64,000|64,000| |Jetty||20,000||20,000|20,000| |Hoists||4,000||4,000|4,000| ||||||| ||||||| ||||||| |**Total Assets**||89,960|0|89,960|89,960| ||||||| ||||||| |**LIABILITIES**|||||| |Income in advance|||||| |Capital commitments|||||| |Sundrycreditors|||||3500| ||||||| |**Total Liabilities**||0|0|0|3500| �5 ## **CARSINGTON SAILABILITY TRUST Registered Charity Number 1196940** |**CARSINGTON SAILABILITY TRUST**|**CARSINGTON SAILABILITY TRUST**|**Registered Charity Number 1196940**|**Registered Charity Number 1196940**|**Registered Charity Number 1196940**|| |---|---|---|---|---|---| ||||||| |**NOTES TO THE RECEIPTS AND PAYMENTS ACCOUNTS AND STATEMENT OF ASSETS AND LIABILITIES**|||||| |**FOR THE PERIOD ENDED 31 MARCH 2024**|||||| ||||||| ||**Receipts**||||| |1|**Donations**|**Unrestricted**|**Restricted**|**Total**|**Total**| |||||**2023-2024**|**2021-23**| ||||||| ||Ashbourne Rotary|2,200||2,200|| ||Scarsdale Rotary|300||300|| ||Duke of Deveonshire||2,000|2,000|| ||Matlock Rotary|200||200|| ||Derbyshire CC||4,300|4,300|| ||Woodcraft|1,000||1,000|| ||Hope ValleyRotary|500||500|| ||Derbyshire Dales||3,200|3,200|| ||Other|69||69|| ||||||| ||Totals|4,269|9,500|13,769|13,781| ||||||| ||||||| |2|**Visiting Groups**||||| ||||||| ||BLESMA|132|||| ||Ashbourne Parkinsons|168|||| ||EnablingActivities|202|||| ||Amber ValleyStroke|168|||| ||Other|314|||| ||||||| ||Totals|984||984|| ||||||| |3|**Events**|**Receipts**|**Payments**||| ||||||| ||||||| ||Rafes and other|732||732|| ||||||| ||Totals|732||732|| ||||||| |4|**Boat Purchases**|Balance outstandingfor Venture Keel|||| ||||||| |5|**Cash Funds at Year End**|£6000 restricted topurchase of Hansa 303|||| |||and accessories or equivalent|||| ||||||| |6|**Non-Monetary Assets**|The value reported is the value for insurancepurposes|||| ||||||| ||||||| ||**The Accounts were approved at the AGM of Carsington Sailability Trust on 24th April 2024**||||| ||||||| ||**Signed**||||| ||||||| ||**Trustee 1**|**Richard Mollart**|||| ||||||| ||**Trustee 2**||||| �6