Safer Waters Association TRUSTEES. REPORT FOR THE YEAR ENDED 31st October2024 The Trustees of the Safer Waters ststeme rthe arended l* October202 senttheirre rt and the finanaal The financlal statements have been prepared In accordan with the accountlng polkles set out sn note to the fin3nual statements and compty with the Safer Waters Constitution. the Charities Act (Northem Ireland) 2008 and"Accounting and Reporting by Charities= Statement of Recommended Practlce applicable to tharities preparlng their accounts In accordan wlth the Financlal Reportlng Standard applicable in the UK and Republic of Ireland (FRS 102)- {as amended foraccounting periods commenan8 from l January 2016). Ob vltles The prinapal objettive of theAssociation s to ensurethe safety and wellbeing of those who partiapate In organised sporting and community events on the sea and inland waters through, but not restricted to, the followlng activities: to particlpate In organised on-th&water sportlng events: to provide a tralned safety boat seNice: to advise and educate on safety on thewater matters; to encourage communty Involvement In Improvlng safety on the water: to offer relevant RYA (Royal Yachtlng Assoclatlon) accredited tralnlng course5 to members and the general publlc In managlng the buslness of the Assoclatlon, the Trustees have had due regard to the CCNI'S publlc benefitguidance. Safer Waters partklpated In twelve organlsed events over the last year for the publlds benefSt, wlth four further events beln8 cancelled due to adverse weather. We were unable to support just one event owlng to lack of avallablllty of boats or crew and one other event was cancelled by the or8anisers. These events consisted of charity dips, communty swims, an International Salling Even¢ Coastal Rowlng Events and safety coverfor large counc&run events (Sea Bangor). Total numbers of participants covered: 2,103 in sporting events plus a further 30,000 {estlmated) at Sea Bangor 2024. This required a totsl of 160 volunteer days to achievei providing both on shore personnel and boat crews. We additionally pOnded to requests from HM Coastguard to rendwasSistan on four occasions, mainly attending disabled vessels and assistin8 them to safety. However, as we are not a"dedared asset", we do not 8aln fonnal recognEtlon for these actlons.
Safer Waters Assoclation TRUSTEES, REPORT FOR THE YEAR ENDED 31•t October 2024 Tralning Durlng the year we carrled out 7 RYA approved PowerboatTralnlngcoursesi quallfylng 25 candldates to Powerboat Level Two stsndard and 2 RYA approved Marine Radio SRC (VHF radio) courses enabling8candidatesto re1ve theirVHF radio rns. Flnandal rarf Income for the yearwas £26.6k made up of signifKant amounts from Charitable Activitles, specfflcalty tralnlng1£6.2k) and from Voluntary Receipts. In particular the Gala Ball (£9.8k), fundraising (£2k). donations {£2.9kl and membership fees (£2.6k). Expenditure was £28.9k and the signrficant costs induded repayment of loans (£7.5k}. training costs (£4kl, asset purchases (£5.Ikl, boat malntenance (£3k) and Gala Ball expense5 (£2.8k). Thls suked in a net loss for the year of £2.3k whlch is viewed as entirely satisfactory gwen the exceptlonal nature of the loans repayment and the asset purchases. Cash at bank at 31A October 2024 was £15.445 madeup of £6.5k In Restrlcted Funds and £8.9k In Unrestrlcted Funds. The Restricted funds are held for specific expenditure and the Unrestricted Funds are held to cover operatlonal costs during the winter and spring months and any unforeseen expenditure that may occur. Fartors affectlngthe flnandal pftIOn In future perfod5 The principal factors whkh wlll thct the finandal posltlon In future perlods Indude the abllity to retaln ex15tln8 members and attratt new members, to contlnue to generate funds from the use of training resources, donations from event support and fundralslng by members, whllst lookin8 after the assets of the Association and maintsining a tight rein on expenditure. Rlsk Factors The Trustees are satlsfled that the tharltable purpose of the Assoclatlon has been malntalned, that all monles have been accounted for and that the assets are secure and have been used in the dellvery of Safer Waters servkes to commUnibaSed events. The Trustees have assessed the major rlsks to whlch the Assoclatlon Is exposed and are sattsfled that approprfate systems are In place to mitigate exposure to the major risks. It should be further noted that in order to mitigate the legal and f inancial risks to members, the Association has decided to become a charitsble company limfted by guarantee and hopes to rna the change In earty 2025. Safer Waters Is an Unlncorporated Assoclatlon made up of Members who share the same values. There are three categories of membership, Adult. Famity and Junior. The structure, 8ovemance and management of the Assoclation is dearly documented In the Safer Waters Constltutlon. In summary. the management of the Assoclation is in the hands of the Trustees supported by a Board of Management. The Board of Management is elected annualty at the Annual General Meeting by the membershlp of the Assodatlon. The Trustees are appolnted by the Board of Management.
Safer Water5 Association TRUSTEES, REPORT FOR THE YEAR ENDED 31•t October 2024 Board of ManeMent (•pointed Jan 2024) Tntstees (appolnted/reappolntedJan 2024) Mr. Michael Meharg Commodore (C/P) Mr. Mlchad Meharg Mr. Mark Mcclughan Secretary (co-opted Mr. Rithard Barbour Mr. Rlchard Bames Treasurer Mr. Allan Black Retlred In year due to ill health Mr. Robin Gordon Training Mrs. Jan Hollinger Development Mr. Jonathan Mitchell Events & Logistics Membershlp The table below records the number of members of theAssodation compared to prev5ous year. Membershlp Category 202312024 202212023 AduFt 21 21 Famllv 38 40 Junlor 62 64 The Trustees are indebted to the many members of the Assoclatlon who glve so willlngty of their tlme, knowledge and expertlse to mana8ethe dat0-daY aLtivitles, to carry out the maln tharitable actlvitles of tralnlng and event support and to fundratse In so many dlverse ways. Wlthout thls valuable contrlbution the AOCIatIon would not have been ableto athieve so much. Name of Charity: Safer Waters Association CharFty Reglstratlon Number. NIC 108273 Re8lstered Address: Bregenz House, 5 Quay Stre¢ Bangor BT20 SED Charity Trustees: (during the period) Mr. M. Meharg Mr. R. Barbour Mr. A. Black
Safer Waters Association TRUSTEES. REPORT FOR THE YEAR ENDED 31•t October2024 Exem "ons from Disdosure None Funds held as Custodlan Trustee on behalf of Others None Mr. M, Meharg ur Trustees