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2025-03-31-accounts

SEAKAID ANNUAL REPORT YEAR ENDING 31/03/25

The Lodge 57 Skelmersdale Road Clacton-On-Sea Essex CO15 6DE www.seakaid.com

t: 07809 641204 e: info@seakaid.com Sports Outreach Social Empowerment Youth Development Philanthropic Logistics

SeakAid is a Registered Charity 1200381

Introduction

SeakAid is a registered charity, now operating in its third year, which was formed to facilitate the collection of used and unwanted sports kit donated from organisations, for example football and Cricket clubs, who no longer had any use for them. These items of kit, football boots etc, are regularly replaced and updated by clubs and their members, so the old kit is no longer needed.

Seakaid’s mission is to collect and sort these donated items and redistribute them to those who cannot afford the proper kit to play and compete in their chosen sport. In this way old kit has found a new home, and many young people are given a chance to get involved in sports from which they would otherwise have beenexcluded.

It is Seakaid’s mission to facilitate inclusion in sport for children and young people to instil a sense of belonging and self worth that leads to improved wellbeing and better physical and mental health.

Our Third Year

Our third year has once again been busy. SeakAid has exported large amounts of kit to St.Vincent and the Caribbean and attended charity events in this country to raise awareness. We have received many donations of used and unwanted kit and actively found good homes for it.

It is quite easy to gain interest and support for our process, as the donation itself, the kit, is of no financial value, and we in turn do not make any charge to those we give it to.

Once again however our operational and logistical cost have proved problematic this year, although we have improved fund raising, we have not been able to cover our costs for the collection, sorting and distribution process. We must continue to try to improve our financial income fund raising efforts.

We have again fallen back on our Chairman, Craig Cordice and his generosity through loans to the charity. On behalf of the Trustees I would like to take this opportunity to thank Craig for his generosity both with his time and money.

Financial Report

This year donations to the charity have improved, and although this is encouraging, donations fell short of covering operational costs. The Trustees must try to find new ways to raise money in the coming year.

Brief fnancial Breakdown - 01/04/24 to 31/03/25
Trustees loans to Seakaid £1642
Expenditure - Bills and Expenses £2049
Financial Donations £418
Bank Account Balance £10 + £94 (from previous year) = £104

As these once again figures show, the reliance on Trustees loans is a disproportionate amount of the charities financial income. Whilst it is understood these loans are interest free and have no fixed term the charity should look for ways to settle its depts as soon as possible.

Chairmans Notes

Once again, during this year, SeakAid has continued to make a real difference to communities across the Caribbean and through out the UK. Our mission to promote well-being and foster community spirit remains central to everything we do. By providing essential sports equipment and kits, we’ve helped ensure that local teams and young people have the resources they need to participate confidently and fully, supporting both physical and mental health.

This year, we have focused on building new external relationships and exploring the possibilities of forming future partnerships, strengthening our foundation and opening up new opportunities for collaboration and growth. Work continues to update and improve our website in order to better connect with our supporters, volunteers and partners. this will make it easier for all of them to get involved and stay up to date.

At the same time we have faced significant challenges, especially around logistics and the increasing demand for kit and equipment collections from all over the UK. We understand that increased support and resources are now critically required, so we must scale up our efforts during the coming year.

None of this years progress would be possible without the dedication of our donors, volunteers and partners, who share our vision of making a lasting impact through community and sport.

Conclusion

This year has shown improvement in all aspects of Seakaids charitable work. We must continue with this momentum to drive the charity forward during our next fiscal year. It is only by doing this that we can grow and strengthen our position to help more communities and young people enjoy access to sport and all its benefits.

Paul Mitchell - Treasurer

Charity Name Charity Name Charity Name Charity Name Charity Name No(if any) No(if any) CC16a
Seakaid 1200381
Receipts andpayments accounts
For the period
from
Period start date To Period end date
1/4/24 31/3/25
Section A Receipts and payments
Unrestricted
funds
Restricted funds Endowment
funds
Total funds Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Eventbrite Donation 193 - - 193
Sum Up Payments Donation 149 - - 149 -
Just giving Donations 24 - - 24 -
Cash Donations 51 - - 51 83
Trustee loans for Bank Account 680 - - 680 550
Trustee loans for shipping costs - 0 - - - 770
Trustee loans for expenses and travel 944 - - 944 260
Trustees loans for other expenses 18 - - 18 614
Sub total_(Gross income for AR) _
2,059
- - 2,059 2,277
A2 Asset and investment sales,
(see table).
- 0 - 0 - 0 -
- 0 - 0 - 0 - - 0
Sub total
- 0
- 0 - 0 - - 0
**Total receipts **
2,059
- 0 - 0 2,059 2,277
A3 Payments
Legal Fees - 0 - 212
Shipping costs 756 - - 756 770
Customs Clearance - 0 - - - 301
Sponsorship - 0 - - - 200
Justgiving Set Up costs - 0 - - - 61
IT Software and Domain Name 167 - - 167 265
Design and Printing 119 - - 119 50
Expenses and Travel 962 - - 962 260
Event Fees 28 - - 28 -
Bank Fees 17 - - 17 -
**Sub total **
2,049
- - 2,049 1,907
A4 Asset and investment
purchases,(see table)
- 0 - 0 - 0 -
- 0 - 0 - 0 -
**Sub total **
- 0
- 0 - 0 - - 0
**Totalpayments **
2,049
- 0 - 0 2,049 1,907
**Net of receipts/(payments) **
10
- - 10 370
A5 Transfers between funds - 0 - - - -
A6 Cash funds lastyear end 94 - - 94 -
**Cash funds thisyear end **
104
- - 104 370
Section B Statement of assets and liabilities at the end of the period
Categories Details Unrestricted
funds
Restricted funds Endowment
funds
to nearest £ to nearest £ to nearest £
B1 Cash funds Bank Account 104 - -
- - -

CCXX R1 accounts (SS)

02/12/2025

1

- - -
Total cash funds 104 - -
(agree balances with receipts and payments
account(s))
OK OK
Unrestricted
funds
Restricted funds Endowment
funds
Details to nearest £ to nearest £ to nearest £
B2 Other monetary assets - - -
- - -
- - -
- - -
- - -
- - -
Details Fund to which asset
belongs
Cost (optional) Current value
(optional)
B3 Investment assets - -
- -
- -
- -
- -
Details Fund to which asset
belongs
Cost (optional) Current value
(optional)
B4 Assets retained for the
charity’s own use
- -
- -
- -
- -
- -
- -
- -
- -
- -
Details Fund to which
liability relates
Amount due
(optional)
When due
(optional)
B5 Liabilities Outstanding Trustee Loans Running Costs 7,379
-
-
-
-
Signed by one or two trustees on behalf
of all the trustees
Signature Print Name Date of approval
P. Mitchell
C. Cordice

CCXX R2 accounts (SS)

02/12/2025

2