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2025-01-31-accounts

Sailing Vision Trust

Trustees’ Annual Report for the year ended 31 January 2025

Charity Registration Number - 1197634

Trustees

William Bridge Peter Burke Vicki Sheen (Appointed 28 May 2024) Tony Whitelaw (Appointed 20 November 2024) Alex Whatley (Appointed 20 November 2024) Charity Address 31 Pacific Close Southampton SO14 3TX

Structure and Objectives

Sailing Vision Trust is a charitable incorporated organisation (CIO) established in 2022. SVT’s Constitution sets out its objective to be: the relief of people with disabilities in particular, but without prejudice to the generality of the foregoing, by the provision of facilities for sailing other outdoor pursuits by persons with visual impairment.

The Trustees deliver this objective primarily through organising events and supporting the development of technology which provide blind and visually impaired people with opportunities for sailing and watersports.

The charity is managed by a Trustee Board which meets at two monthly intervals. They decide on the annual program and manage its delivery, oversee the collection and allocation of funds, and CIO administration generally.

The main activities of SVT in the year to January 2025 have been organising (1) a major UK-based annual sailing week which took place in the Solent area, based in Falmouth Cornwall, and working with Neilson Activity Holidays, a Mediterranean sailing week in Greece planned for September 2025. The UK event provided the opportunity for 45 visually impaired people of all ages from 18 and above to participate in sailing over a period of a full week in June/July. Priority was given to increasing the number of younger and novice VI sailors attracted. To maximise the empowerment of VI sailors, technology - app based, online and 3D charting - has also been maintained and developed.

Following the Solent event a feedback exercise was carried out from all visually impaired and sighted participants. The results were reported to the Trustee Board, and whilst predominantly positive, they also provided helpful pointers for changes and improvements for the future.

During the year we added a further three Trustees to the board, of which two are visually impaired. We continue to be supported by a voluntary Trust Administrator, and a small group of Trust Associates who provide additional sailing, VI awareness, and regional contact support and expertise.

Trust Finances

Trustees submitted their Annual Financial Return to the Charity Commission in October 2025. The reduction in funds reflects the cost of chartering additional boats to maximise the number of VI crew places for the 2024 event. The charity has no debts and a continuing operational balance of funding for future Trust activities.

Sailing Vision Trust Sailing Vision Trust 1197634
Receipts andpayments accounts CC16a
For the period
from
01/02/2024 To 31/01/2025
Section A Receipts and payments Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest
£
-
-
-
-
-
-
-
-

-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Restricted
funds
to the nearest £
3,961
126
13,825
1,573
-
-
-
-
19,485
-
-
-
19,485
30,431
1,082
11
821
-
756
122
45
-
-
33,267
-
-
-
33,267
- 13,782
-
73,477
59,695
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
to the nearest £
3,961
126
13,825
1,573
-
-
-
-
19,485
-
-
-
19,485
30,431
1,082
11
821
-
756
122
45
-
-
33,267
-
-
-
33,267
- 13,782
Last year
to the nearest £
Donations - 12,395
Gift Aid - -
SailingVision Income - 10,850
Bank Interest - -
- -
- -
- -
- -
Sub total(Gross income for
AR)

-
23,245
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
23,245
SailingVision Expenses - 19,891
Direct costs - 1,619
Telephone & Internet - 154
Insurance - 811
Marketing - 200
Accountancy 720
Bank Charges - 67
Donations - -
- -
- -
**Sub total ** - 23,462
A4 Asset and investment
purchases, (see table)

Equipment
- 225
Computer Equipment -
**Sub total ** - 225
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
23,687
- - 13,782 - - 13,782 - 442
- - - - -
- 73,477 - 73,477 73,920
- 59,695 - 59,695 73,477

04/09/2025

CCXX R1 accounts (SS)

1

Section B Statement of assets and liabilities at Section B Statement of assets and liabilities at the end of the period
Categories
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B4 Assets retained for the
charity’s own use
B3 Investment assets
B2 Other monetary assets
B1 Cash funds
Signature
Details
Details
Equipment
Computer Equipment
Details
Details
Bank Accounts
Deposits held
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
59,695
-
-
-
-
-
59,695
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
993
299
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Peter Burke
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Peter Burke 23/10/2025

04/09/2025

CCXX R2 accounts (SS)

2