## **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