York Sailing Club CIO
Report and Financial Statements For the Year Ending 31 December 2024
Charity Number: 1196943
York Sailing Club CIO
Contents
| Page | |
|---|---|
| Administrative Details and Objectives | 1 |
| Report of the Trustees | 2–4 |
| Statement of Financial Activities | 5–6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8–9 |
York Sailing Club CIO
Administrative details
Charity name: York Sailing Club Charity number: 1196943 Registered address: 2 Muncastergate Malton Road York YO31 9JY
Trustees: Stephen Parry (appointed 6 December 2021, re-elected 16 February 2023) Stephen Hogg (appointed 6 December 2021, re-elected 16 February 2023) Joseph Hardwick (appointed 12 October 2023) Bank: Barclays, Parliament Street, York
Objectives
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(a) To promote and facilitate community participation in sport and healthy recreation by providing facilities for sailing and other water-based activities, primarily but not exclusively for those resident in York and surrounding areas.
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(b) To advance education and training for the public benefit in the subject of sailing and other water-based activities, primarily but not exclusively for those resident in York and surrounding areas.
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York Sailing Club CIO
Report of the Trustees for the year ended 31 December 2024
The Trustees present the annual report together with the financial statements of the Charitable Incorporated Organisation for the year ended 31 December 2024.
History
York Sailing Club started life as the British Transport Yacht Club (York Division), and later became known as York Railway Institute Sailing Club. York Railway Institute was founded in 1886 as a sports and social club for railway employees. It was based in the city centre, and over the years it spread to several other sites around York, catering for an ever wider range of sports and eventually allowing non-railway staff to become members. The sailing club was established in 1957, beside what was then the main east-coast line to London. The railway line closed in 1983 (the main line now follows a route a little further to the west), and the former railway line is now a cycle track. York Railway Institute formally ceased to exist in 2016, when it became a Charitable Incorporated Organisation (CIO) called simply York RI (Charity number 1165513). The sailing club was part of this organisation until the independent charity York Sailing Club was established on 6 December 2021.
Current status
York Sailing Club is a volunteer-run sailing club, with no paid employees. There were 53 members at the end of the reporting year (40 adults and 13 junior members). Management roles are filled by volunteer members of the club.
Once the charity was established, the non-fixed assets of the club, including boats and other equipment, were transferred from York RI to the newly formed York Sailing Club charity. The land and buildings are leased from York RI on a 99-year lease at a peppercorn rent.
Subscriptions and other fees
Subscriptions and fees are set at the lowest level commensurate with sustaining a viable operation and prudent investment in facilities. Our subscription rates were raised by approximately 15% in 2024, but still compare favourably with other local clubs.
York Sailing Club charged the following membership fees in 2024: Family membership: £205 Individual membership: £145 Junior membership (under 18): £70 Other charges levied by the Club included the following: Use of club sailing dinghy: £3.00 for full day, £2.00 for half day RYA Level 1 sailing course: £125 (available to members only)
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York Sailing Club CIO
Report of the Trustees for the year ended 31 December 2024 (continued)
Activities
The season opened in March with a full programme of Sunday sailing, to which the usual Wednesday evening series was added in May. In my last report I noted that enthusiasm for racing had diminished since the Covid 19 shutdown, with many members simply enjoying spending time on the water. This trend has largely continued throughout 2024, though there have been some notable successes in attracting members back into competitive sailing. We scheduled the usual Winter Series once more, with racing programmed for Sunday mornings in November, and unlike last year, we succeeded in completing a full set of races in very benign conditions. Wednesday evening sailing continues to be reasonably popular, but we have been missing a few of the familiar faces in 2024 and this, combined with a frequent lack of breeze, has occasionally resulted in smaller than usual numbers.
We made full use of social media to advertise ourselves and this proved very successful, with most places on the RYA Level One Course being taken well in advance and lots of visitors to our Open Day at the end of April, for which we were again blessed with perfect weather. As a result, there was little difficultly in filling all the places on the course. I am deeply indebted to those members who offer their time and support to enable us to run this.
It was the turn of our neighbours at Yorkshire Ouse Sailing Club to host the regatta in September 2024, and I am delighted to report that it was one of the best turnouts from YSC that I can remember in spite of there being very little wind and threatening rain.
Building on the success of the regatta, we decided to hold a ‘big end-of-summer-season sail’ at the end of October, and once more a large fleet of boats took to the water for a pursuit race. The weather was excellent and we rounded off the event with a barbeque. I think we may repeat this formula in future years.
Membership numbers have shown a small increase, and it should be noted that, apart from those joining to take our sailing course, we attracted a small but significant number of other new memberships in 2024. Interest in our sport seems to remain high, and numerous people have taken advantage of our free taster-sail sessions, though in spite of initial enthusiasm, relatively few appear to want to commit to membership. Equally, membership retention among those taking the Level One course remains an issue. We are by no means alone in confronting this problem: many other sailing clubs report exactly the same situation, and the RYA (Royal Yachting Association) has been trying to offer assistance and ideas for a number of years. At least one club in our area has now decided no longer to run training courses as a means of attracting new members.
2024 has seen our Club well represented away from home, with the name of York SC on the results lists for world, national and regional championships of the RS Aero Association,
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York Sailing Club CIO
Report of the Trustees for the year ended 31 December 2024 (continued)
the RS 400 Association, the Streaker Association and the International GP14 Class Association.
The social calendar followed the usual pattern, though we decided to replace the winter quiz night with a ‘winter walk’, taking in the byways of Bishopthorpe. This proved to be a great success. The Ullswater weekend of 2024 was once again a great success with near record attendance and superb weather. The Saturday sail to the Pooley Bridge tearoom is becoming something of a tradition, attracting so many participants that we now seem to get special treatment. We held our usual end-of-season dinner at the Marcia Inn in Bishopthorpe; this was well up to the usual high standard and very well supported.
As one of our community outreach initiatives, we hosted two evenings for the Bishopthorpe Scout Group in July. A large number of youngsters took part and all seemed to enjoy themselves – but, when questioned, most said they liked riding in the rescue boat the most. I should like to thank all those members who helped run the evenings; we may be asked to do the same again in future years.
As ever, the day -to -day running of the Club has been in the safe hands of the Committee. We have held meetings on a monthly basis throughout the year and I should like to make particular mention to our secretary and treasurer, both of whom are retiring from their posts at this AGM; not only have they dealt with the routine tasks of their respective offices in exemplary fashion over many years, but they have also kept us on the straight and narrow with the Charity Commission and HMRC. I must also record our special thanks to our social media coordinator for his great work on overseeing our social media output in 2024 and creating a very lively WhatsApp group. Routine maintenance of the Club House, the site and our training boats has been carried out by enthusiastically supported working parties over the year.
I should like to thank all members of the Committee and the Club for their support in 2024.
This report was approved by the Trustees and signed on their behalf by:
S. L. Parry
31 July 2025
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York Sailing Club CIO
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
Operating income/expenditure
| 2024 | 2023 | ||
|---|---|---|---|
| Note | £ | £ | |
| Income | |||
| Membership subscriptions | 4,955 | 3,908 | |
| Courses (sailing and first aid) | 860 | 660 | |
| Hire of club boats | 163 | 55 | |
| Donations | 60 | 50 | |
| Other income | 104 | 22 | |
| Total income | 6,142 | 4,695 | |
| Expenditure | |||
| Rates (City of York Council) | 79 | 81 | |
| Utilities (water and electricity) | 301 | 234 | |
| Consumable items | 84 | 139 | |
| New equipment | 0 | 240 | |
| Maintenance and repairs | 749 | 200 | |
| Licences and affiliation fees | 2 | 371 | 469 |
| Internet and social media | 50 | 75 | |
| Insurance | 2,369 | 2,307 | |
| Course materials and certification | 217 | 288 | |
| Depreciation | 3 | 791 | 791 |
| Total expenditure | 5,011 | 4,824 | |
| Net operatingsurplus(loss) | 1,131 | (129) |
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York Sailing Club CIO
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 (continued)
Extraordinary income/expenditure
| 2024 | 2023 | ||
|---|---|---|---|
| Note | £ | £ | |
| Expenditure | |||
| York SailingClub CIO set-upcosts | 4 | 0 | 308 |
| Total extraordinary expenditure | 0 | 308 | |
| Net extraordinary surplus (loss) | 0 | (308) |
Overall income/expenditure for year
| Income | 6,142 | 4,695 |
|---|---|---|
| Expenditure | 5,011 | 5,132 |
| Net surplus(loss) | 1,131 | (437) |
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York Sailing Club CIO
BALANCE SHEET
| Balance sheet at 31 December | 2024 | 2023 | |
|---|---|---|---|
| Note | £ | £ | |
| Land and buildings | 10,000 | 10,000 | |
| Fixtures and fittings | 5 | 5,773 | 6,564 |
| Cash in bank | 6 | 12,413 | 10,491 |
| Total assets | 28,186 | 27,055 | |
| Liabilities | 0 | 0 | |
| Net assets | 28,186 | 27,055 |
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York Sailing Club CIO
NOTES TO THE FINANCIAL STATEMENTS
(1) Accounting policies
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) . The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view.
The financial statements are prepared in £ sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. All expenditure presented is inclusive of VAT.
(2) Licences and affiliation fees
Royal Yachting Association (RYA) £160.00; Canal & River Trust £210.60.
(3) Depreciation
Depreciation is calculated on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life. Until the end of 2021 all of the sailing club’s assets belonged to York RI CIO. For 2024, as in 2022 and 2023, depreciation on all fixtures and fittings has been calculated on a straight-line basis over 10 years, starting from the establishment of York Sailing Club as an independent charity. No depreciation has been allowed for in respect of land and buildings.
(4) York Sailing Club CIO set-up costs
The costs of setting up the new CIO were fees to solicitors, paid via York RI CIO as part of the overall costs associated with setting up a new charity, drawing up a constitution, the deed of transfer from York RI to York Sailing Club, and setting up the lease of land and buildings. There were no costs in 2024, and no further expenditure is anticipated.
(5) Balance sheet: Fixtures and fittings
Calculated as the value of fixtures and fittings at 31 December 2023, minus depreciation of £791 on those fixtures and fittings, plus the value of any fixed assets acquired during 2024 (which was zero).
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York Sailing Club CIO
NOTES TO THE FINANCIAL STATEMENTS (continued)
(6) Balance sheet: Cash in bank
| Bank balance on 1 January | £10,490.55 |
|---|---|
| Bank balance on 31 December | £12,412.73 |
| Change in bank balance over theyear | £1,922.18 |
| Represented by: | |
| Income for year | £6,141.91 |
| Expenditure for year * | £4,219.73 |
| Surplus(loss)foryear | £1,922.18 |
- Expenditure here is calculated as operating expenditure minus depreciation (because depreciation does not affect the bank balance).
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