R¢gi•r•d ¢hArty number. SC(hlU51 8kyo S•Mlng Club SCIO Trust Rèport and Annu•l Accounts lorth• y•r•nd•d 31 Octob•r 2024
Skye Sallln9 Club SCIO IS¢Q444511 Index t¢ thè Ttre R•port and A¢¢ount• for th• y•arended 31 00bH2O34 P*9• R•ptsrt tsfthéTru8t808 Roetrtys and Pyrn•ntsknoL¥)ts Stsiemenl of8aknce• Nots¥ lolh• kttyJftt• R•portoflh¢ Ind&pandent Exgmlmr
Sky& S4llno Club SCIO ISC0444511 Report ol thg Trustees lor the yaar enaed 31 &IL)ber 2024 The biJ5tr0& are F4e88ed to ¥ubmil Iheir 8MUg1 r•port wth th8 ?nts ot Sky• SklhrvJ CILb scio tsr me year 31 (ts)ber2024. Scottish Charity Number.. SC 044451 F¢BQl$l8red Office Vityrfielij Hou Pcthg Ide ofskye N51 9EU '. 11 MAii.I1 2024 avj wert rele0JtQ th• r>Jmfflt•forth• ccmlw y•w •l•nd fol rt-•lediw. &)vernlng document Slya Saillng Club SCIO s¥h Chrftt4é Incrypor4t¢d Of9anle815on •nd •JmlnltrAJw orrAttl8 8re gBI rxrtin our Con8blLffjon R•¢ruiim•nt appolntmont ot Trus1008 At eadl AGM. any Momber rY ba t11j io be ¥ TTuJlee At ihe iubsequenl AGM. ¥ll th• Trtl muli réJr• frorn offlc• bjl cEn Ihan r$-. Thè miThmum DumbwofTs Is flve and the rnaximum ist¢n. Ch•rStabl purpoie Our pwpow. as t4el trjl In tyjr consbluts'cn, ¥e". Tofwllwe rmmunty parUclp8tson In rncm•tbJn by the kY0von ofkn"lknts for th• IF1 of8uatina. In ¢ing Ihls the Uub VAII wk to promote s&f BoalrvJ. proa a09r0 tralnlng for the cornmunty and vlly8. encourage and pl0(e good Jp¢ytsmanslip In the aportofBoating end promoto m6pgctAnd e¥• of ihp mann••nronfflQnt tivities and xhlMmont$ Sumffer2024 wa md forts 8kyo Sailiry Club. W•wwo do1tfi¢ trj welc)Jrne Slthough our8urfmW sallw sch(xY$ were, cce 481n, WEII booked. we to ofthoiii duL .'0 pTror eathe. coidthn8. Th1• is tho firnltwne thBlwe c4n r8(xill£Gt lUll courÉK. W8 hAd some diffithity 8cnierO an adu boglnnei8' coJrnes8nd will be l(Kkino 8t81fryglive a¢enark)s for 2025 Wo h8v8 been forhJnatB In belw inlioduEed to Bk[Qd, a Usouldoor ¢our coni '.vl (J havL bèan u8ino he boAihouse 1c8 8 wogkfvam May Until Octr)b8rto •n excellèni sé8food lunch tr Thèy have us 1KqrKj$Y f1tandI1 helpod us raduGt¢ur doAt •s shoym In Ihe 8tsxiunts Vlle I:.i..11 £. .41 j.li i>ii IEQLiCiry our co¥ig CY Inaa3rj our reV•n in 2025. W aro very grthtoful Iri Nho oBve of his trme to prhyèrbogt coursej for offerfn9 • wind8uffjr¥ COUTse thiough ts wiyiinei a ae u or luttaf w88 PArtlculsrity poor. Ttte BHiiir¥ èxper¢•$ Vdere more populgr, and we w•re pk•BEed to WlfAe lu exocrience Portree Irom w8tei. Blg $311 WAS ¢$ aoaln curtBIl .Alhp.i and a1herf8Ctcn. W8 wue thliohied thatthe Round RJ85oy race djd man8ge lo get reundthe I9nd ith h1$ latecouwn ErfcC1UvY xnvInO1yWOn the ovent in Berfln. Th8 b08th Gnd toat8 haw ali fjeeded alleiitsoii aur,'ng IhJ year. 8nd a (xJnBlanl Maintenan pmramm¥ needs to t de¥elDp8d. In parbGu18r the boeis arc rcJ¢nlng a point In their life 1g¥peually iha T0Pr5} whtt) m¢hl need nder rgplaceTn2nL We are gr8ieful ih31 Is looking atp0sble grant to a88181 In Lfr8ying the ¢0815. We were dEliohted to be B8¥LKi&l8d With the ATLAS kn Sl AykB gLrff bu1 ovw thè of 23124. The purpxe had been to brlng tog¢ttr people th0h the bulld aNI that had been suEGBssftJl. Althou tho toat iL•elfwats not quts cOMte by the beginning ofourse$wn Andth8refuo had to mov• kn the RÈdclfto Bo&thtse wtrÈte K isnDW ba88d. As me ofour 81 chadlde eveni3 for Ictal comrnunity, cpened the bO&thse5J put on p, ie85gnd o)ffeesand bakro ft)T $nytt¥Jy daft engh to plutwae into thè bay al mldday on Ne'erd8y. Ltr)ny Dook waB vered in lh6 Wo8t HigNsnd free kYes6 whk* 111 alyo hdp to malnlain our profil& Page 1
8kye S•lllny Club SCIQ ISC0444611 R•port ofth• Twstees forthe y••rthd•d 31 OctobTrr2Q24 Whh r8fèF8nce to Ihe staterne of ealances, re3erves It•ng unreJtriGted fund5 not hèld as fixyd •¥a¢ls or for q deJi9n•l purpolt watheN6e cammittpdl at 31 October 2024 stood HI £30,151 1£33.998- 20nl. The trusleeB tt)nsiderlheae lo be adequate lo fw4 opJr•knJ furthe IV$ee•t? frJiUM. Thetruaw hn¥e agtEed t¢ M•tsIn 1 £10,OQQ cn9cYbalanC8 In the It Il Ilme. Approved by th8 frJSte&s and 51gDed Dn their behelf. Page 2
Sky8 S8111ng Club SCIO ISC0444511 Re¢¢lpts and Payments Account ror the year éAd¢d 31 October 2024 Y•ar ended 31110124 Reslrlcled Nole Unrestri¢t$ Total 2024 Tot 2023 RECEIPTS DonÈtion8 Grants Olher Gharft•ble acll¥ltle Sub8criptK)ns & memb8r8hip Cour8e8 & sesslon$ Boathou•e Hire Hlfy ol Rlb anJ drl ReIPS from lundraiuing #etl¥ille8 SpornDrship Pro¢eed8 frorn flxed as8el oule Other Incomg Reftjd from HMRC Toial receipts 200 2QO 678 4,011 18.051 5.g(K) 4,011 18,061 5.900 4,986 23.763 1,57S 526 1.500 325 26.487 325 26,487 33,227 PAYMENTS p•ymontB r8iAllrng dlieclly ID Ghwllabla •ctl¥llleè'. TralnkvJ Insurirbc• eoo 800 4,179 2,709 3,815 4.179 562 Fu81 R8palr5 & w•neYAI• Sub50Xiibns 8oaihouso malni6n¥n¢4 & doanlnu Payrol, Pension & PAYE f888 Bonk chaTg88 Wtrb&he rn4tenanc4 ei8Cttkty Relund8 of wurs85, 0010n$ S m8rnb•rnhlp8 Gov8mance COBIS.. l(¥JBppnd¢ni exam1r A¢countancy 2,638 2,838 199 3,002 389 14,453 413 339 357 14,4S3 413 13,883 521 &89 124 3,055 339 357 2.228 2.228 406 405 495 405 27.323 627 827 29 29S P•ym*DI8 for flxed aiJ¢t$'. Equipm•nt 3.011 3.011 30,334 3.011 3,011 30.334 3.726 3.728 Toiol payments Net BurpluFlld#llcltl for Ih•y84r b•forg Iran8ler& Transleri durlng the perfod 3,647 204 Trw•f•ri Nel aufplusqdenGItI for Ihèyaar gfttr tran•f•r• 3,847 ).847 204 Page 3
Skye Salllng Club SCIO ISC0444511 St•ternenl of Balance forth8 year endad 31 Dctober 2024 Year ettdèd 31110ra4 Unr£Btrlclod R05tilcted Not• TotAI 2024 Totlll 2023 Bank & cash balan& Project Accounl Comrnunty A¢wJnt 22,608 7.553 22,598 7,553 26,445 Tot E¥ll¥t9d value of olhor •s$•ls 8oatshed 8ulbJk¥ & profoB•lonql lJlp8r x 8 2016 TopperE & LaBgrn 2Q16 RS Feva8 & Ques Humber 4.7 a58uaL Wets1), dryDulls & INolaL8ts RNwno mafineB Othtsf eqLlpDwnl Toh4tsu Outb08rd Molor Topper 5811 & Jlb Lwer ma81 t Tro$thS PAYE OVerppOn¢ 70,873 254.827 70,873 254.827 70,873 254.827 3,462 14,738 10.857 32,483 1,869 229 1,627 13,282 9.771 29,233 1.232 172 1,240 13,282 ,771 29,296 1,232 172 1,240 1,705 393 8,990 1,706 393 6.è90 2,274 524 6,090 59 Tot•1 401650 Account4nry- accounts 818 816 81e 816 Page4
Sty• Saillhg Club SCIO ISC0444611 Mot•s to the aGcounts lor Ihe y••r •d•& 11 Octtsbor20 The Irutste?6did not recgiw• ary r8mun8rnt?n or•yn$•i during thè porkxl. Ilel•tsd party tsan¥•¢tlon• rru8tees and a)nneGknJ pBrsDNs pay m6mbeFohip feu itthe rne rate J¥ olher mEmbern. Flx•d ••• AJitNJugh depr¥latlon1s nDt recogn15ed In th8 Receis & PaYrnen 8¢cwnts. Ihh 18 estlmated 10 b6 10% reducAn9 bolonce for boats & traira, snd 25% on i roduting bahnu ba6 for other equirfftnl. the purpo8a8 of determinfvJ tha e8lm&t8d ¥4ue ol )sseis Included In Ihe Ststement 0168nces. oth EQU•D¢ Tffjphle8 8oHtGhed To¢•1 COST Bght I04rd Addllbn5 O*posala Al 3151 oCtor 2024 104.306 24,682 3.011 8.9•0 325.700 461.676 3,011 104.305 325 700 OEPReciAIION 8rwohl foNard Ch•fge fDI PvTknJ Dl•poMII AI 3191 Odober 2024 42,786 6,550 17,319 1,561 7.131 NET VIOOK VALUE Al 314t Othr2024 S5,9S9 8,792 6.980 325,700 397 471 Oth81 equlpmonl Indudeo wdAuIth, Ul10. MWack•ii, Ing mothlne$. offlGe equIpmftIn Blor•g•. In I Unre8trlGtsd Fund¥ Fund$ Gtnaral Tot erwgm foNArd Rowpl• PaymÈnls Tran¥for8 8•lance urrtod 3),99e 26,487 130,3341 33,998 26,487 130,3341 LlnrÈsMcted aene1 •Jnd8 80 Ih8tthechadty tru4tee6 8r• Able lo for iny of the purpo¥eA aBh¥8 roved b lfv¢ I ruslees 3nd 51 ned on Iheir b8hdf'. Dale. 15/,,125 The8e no1&5 form part oflhé accounls Page 5
Skye Sllng Club SCIO ISC0444511 Independent Examiner'$ Reporl forthe yaar end1 31 octob 2024 Ind8P8nd•nt Exarnln4T'$ Report lo theTru$tees of Skye S¥lllng Club SCIO I rwrtOnl wAunts olthe (¥rlty Sjr (j 31 October2024viNch are set ojl on p8ges ltrne lo fi¥. Re%peclive re¥pon8lbilities ol trust$ and examln8w The char5ty'$ Iru$its$ 8re reSPsIb for Ihe pParatI ofthtr 8cMunts In occwdan th b)e ol ihe Chartles Twt88 In¥eBlmt (Scotlandl Act 2005 and Charibey ActoMt8 ISthIBndl Reg8b08 2008. The Bhorty tru8te88 conslderihai Ihe audl wulremeni of Regulalkjn 10(111(Jl of Accowlo Régul8b"ons doe5 nol 8ppty.11 Is my respon$billty lo exemiw Il* 8ccount8 as rwuirod under 80cYw 44111 Icl oftsA¢t
nd to At818 pffjeul¥matt8r& hHvg ¢010 ry att).
Basis of indep0nd8nl ex8mlner'g Gtatemenl Myexamlnation li cained out In 8ccord8nc8 Regulalcfi 11 th Ch¥ilie8 Accouth {sENdI R8110 ZDO8. examlThAlk)n Includes a re¥w tsf the aCCOLrting rècordb kept by fv ch&rlty 8 c(mpl6cn oft accourts pr88enl&J thth0Se rocords. It also conilderall ol any unusu81 IIBMS ordlsdojures In the accwrts. and seeks expl•n8bS from the Irusiees concarnlng ¥ Such matters. Th8 proced88 dertaken do nol all the eVKJen that wvJld bo requlr&J In w 8udll. and con8equ8ntly I dg rnt expTes$ an 9t oplnhjn on eWgen ty Ihe accounts Indop8ndant ex8mlnor'B slwnont In the cowse ofry ex8mln8Ion. no matttr has eom lo rryaitenllon 1 ¥thlch glvBS r08&ble cau8910 bpJl&ve that In ary MB111 respect Ihe requlreft%nt•'. to keep aceoLnilre iecordl In accwdance 1th Sfj(1i 44111 IBI of the 2005 Act and Rewl8llcfi 4 allho 20 Accolnts R8gu8tlons, and to wepara cnts th¢h accud lh the e¢(bn9 recordu ¢omF4y *lth 9 of the 2006 Accwnls Reg0110n have m, 2 towfilch. in ry opinion, atknt'on uhwkl In ord¢rto•nAtle a prorwund8rstandln9 ofttKg OUnt8 Campbell SlewBrt 3 Biooill Place Portree lthofst IVS1 gHL ac 8llnan & Co. D•te'. >k) (o&iaoas P•3e 6