sr. ANDREWS SAILING CLUB (SCIO) At4NUAL REPORT AND FINANCIAL STATEMEiirs FQR THE YEAR ENDED 30TH SEiyfEMBER 2025 CHARrrY NUMBEIL. SC051162 COMPANY NUMBEK: CS005307 St. Andrew5 Sailing Club (SCIO} Finaftcial Staten7ents for the year ended 30th September 2025 Contents Page Trit51ees' Report Independent kxaminers Rvp)rt state¥r.￿￿t tsf Rerpipis aio payn￿￿5 Slalement of Finandal P05itron f￿ra￿￿e Sheell No¥e5 lo Ilie Fii)i15Kkil Ststuncnls 7 10 St. Andrew5 Sailing Club (SCXO) Trustees, Annual Report for the year ended 30th September 2025 The trustees have pleasurc in p￿Senting tl)eir report and the fi[w￿la1 sTratriTrnts for the year eJ]ded 30th Septemkr 2025. Reference and Administrative Informatlon Re9i5tered charity name Sk. Ai)drew5 ￿lIE￿j Oub (SCIO) Reg55tration date 261h Juty 2021 Charity registration number Sm51162 Company re9lstration number CS005.307 Principal and registered offlce 14lui¥head Cotiaqe Crail ATr51ruther rife KYIO 3XE Current trustees N￿k Reming (COMM￿￿0re) - ￿$[gned 1&111124 E%&ar• thirislde (Commdorc) - appOinL￿1 18j 11124 lan Fleelham (Treasvrer) - r&igned 181 11124 Ruslan Ustiuhov (Treasu￿) - app)inted 20101125 Sardh Blair 1￿Cletary) - appointed 09101125 Loma Drummond- resigned 18111124 Luke Renddl {RYA Training Pttncipal) - apwinted 18111124 Ilya BarteFW- apkY>inted 09101125 JuliLJ r-rank5~ appointed 20101125 Mark Looseley - appointryj 20101125 Adfhan HoklsNYorth - ap￿inted 18111124, fesigned 19101125 Vkd Tataranu - appoin1￿ 18111124, resigned 19101/25 Ron Young - 3ppointed 18111124, reswjned 19101,'?5 Extemal examiner Han & Q) Ac£ountants 61 Scolt Street Dund DD? 28A SL Andrews Salllng Club (SCIO) Structure, GO¥Ornan￿ and Management Constitution The chhiily IJ a %cDttisli c￿￿table l¥Kvrpo¥ated Organisation (a SCIO). It was ieglstercd in its currwil ￿1 forrti on 28tli Sei1temt￿ 2021. ReeTUitTnent and Appointment of Trustees Yjinted by the tTuslees at ouy annual germl meeting. All of Lhe tYustee5 arL aPPOlllted ￿ reap Objectives and Activitses Charttable Putyoses The adv0n￿.Menl of public partic¢pat*)n in stNJil. The PlDvision of reiTealional facilit￿5. tb.e (Yganisation ol r￿eB{m)nal aci1viti￿ with the ohiect of improving the. condiknons of life for the [*￿0￿5 foi wlKJm the facdrtie$ 01 adivibes a￿ primarily ￿rn{en￿ed. To oroi,th a watersports hub fa£llrtatitVJ aFxI promoiiiig wblK partiCiP3tth In sailiag arKI othot waterspoits. l-o provide a ceiitre of excellencc for sail irc)iiiing with mcdern, fit lor purpose faci4l¢es and equipmenl a£r￿SIble toi all. Actlvities, Athievements and Perforniance The oiganisation'5 activitps th￿ughOUt tlic year were in Itne i¥ith the cbaritatk purFWS a￿￿. Financial review ThjE year has re5ulled ifi a ng ￿licIeS and tl)eii oprAy them mnsi5tcnlty," fflaki. JiJdgiNntents 3nd aicounLstKJ estirFt3tes tlial ai"e reasonable and pnJdp.nt- folltsiv applicable a(coEJnlifKJ glaiidards. ststing ihat Ihev have been followed subjpct to any malerial depprtures diqclosed and expjatned in the financJJl thiemepis- prLlkllLS tIE financiiil sEatc'rTrL"[}lJ nri Llie basis that 51. AtKlrews Sailing aub (Saol will co?1 tinue It£ adivFties. Tne truSieèg ¢lW. rry)oii%iLile for keetxTrg prO￿.r accountirrfJ records diSck)￿ with reasonable èrcuraq at any tiine tho fir¢ancial Ix)siIic>n L)f St. Andrews Sailsrfj Cjub (SCIO) and ￿ erbable them to ensure that the fin¢Jnci31 StateMef1￿ comply with tlie CharitFes and Trust￿ Itivv.IITienl {ScotlarvJl 2005 Ad (Incl I￿. Ch,iritiefi Accoup15 (Scotland) Rc9ulatlQTTrS 2006 la< amen(k¥J). are aly) veswn5ible for tsking sueh steps as c2fL ro8￿nablY open lo thc.fn to safeguard thp. os5ets of Ihe charlty rind to prevent and detert fra￿ and other Irregularities. External Examifier A resc,lulioii lo rttapsioint Hall % Co Accountants as extemal eyamlneJ be profft èt the next Anni&al Leiioi'alK I?oetir.g. T*e i ¥u51L&&' Report Wa5 approved on t*.hasf of the t*)ard of all the tn￿tee5. Dote Sicnarur Date St. Anflrew5 Sailing Club (SCIO) Indersendent Examtncr s Report to the Tnjstees of SL Andrevis Sailin9 Club (SClO} I rewrt t)11 accoiJnt5 of rhe (-h¥iriiy lur the ￿TK)d enEJed .Qnth Sp.ptembpr 202) which aio Sel OL 4.10.. Respecti¥e Responsibilities of T￿sleeS and Examiner I'he cb,arity'£ Lrustee5 are re%pon.siblf. loi tt¥e preparnt￿n of Ihc actnunts tn accord4ince. Wlih lh2 tem% ol -5 ènd I ru&l￿ Invpstmen: (ScoUaFHJI 2ro5 and the Chciriti￿ Accovnlf (Scvtle lo rny attenlton. 8asi5 of Indepo.ndent Examinerfs Statement r rorrind ovt accrydance iyith R(YJuLibon I l of the 20￿ ￿￿O￿ntS Hegiililtlons. An es.6fi killLlrirJi) iiirliiiii".% a of the occoiinliny rtY_oi(ls kept by the ch¢irity and a coniparison Df th? 4([liiiP,L% iibrifii Ihu&c ifrrords. It als? tncl1Jil￿ ci)n5deralion of ny uiiii")udl tle.lns or disr_lty)u￿￿ in ¢ Y.L)111114 and <&,ks c.'pLJriotions fioili ihp vu£tee5 coniLrning 3r¢y such matteri. The pi(Kdures UFiuSyi taken do nol Plwtdo all Ihe eyid¢il￿ that L*rJuld Ir. IEyiiiied In an audit. anrt consequently I tlo nut express dl) audil OPil!In?£ (In LlTrE b eyi given IJI ttrKTr. ar(L)unls. Independent Examiner's Statement Tn TnL. roi.'r)LTr (Jl n7y exaininatK>n. no Inaltmr has c(ffjie to my attenlion 114hir.li gives reasonable G3use lo klie¥e ihat In aryy rnaterial resp££t the rwuiremtiils.. to keep i( CCOLinlirrfJ rcthtds ill acc0-:dan￿ iyli h SLJrtion Hllj lal of the 2005 ACTr ènd RenulaLiOn 4 of ihe 2fr2fJ Ac(o(Inl< Rwulations, and o Firepaie accounts which accor(J with the accounb'ng tecord£ and cornply wlth P.egulalion 9 e.t tli. 2ftffj ALiodnts Regukits"on5 have r￿￿ ly To L'uh￿th, ift rrry opinion, aFt&)1)I￿1 slw)iJld be drawn in order to enable a proper lJiirSer4l--1nLfjii￿ i)f Ilie occounts to rcachoxl. Sioni¥l O*e H._Fn & Cil Ar.CTriUtili41',ts ts.i J'=l)It Strcet riLinclEf_ .rJ2 2B St. Andrews Sailing Club (SCIO) Statefsient of Receipts and Payment5 for the year ended 30th September 2025 Note 2025 unresbict.eri Funr15. BE￿￿F￿ndS 025 21125 Total 2024 Tota5 Receipt5 Il(ints Aecelved l)on.-!liori5 ChaiiLahle attivit1￿& i 1,000 11.000 276 13.236 276 13.236 10.922 689 930 16,773 11,454 747 Ear.rf Interesl 6EIg Total receipts 25,123 3(?, 1?. Paympnts '.arilal}ki .j£livjlv 34.4?6 i 1.000 45 t126 30,613 Total payrnei1ts 34,426 1,000 45,426 Reconciliotion of funds ",or the YLai" (9,307) 19,i)31 1,331 Bdlaiice¢ ￿lous)hI li.'th'a'.KS 479.478 479,478 478,147 alxncos carriod forward q70,1", a7fl, 175 479,478 St. Andrews Sailing Club (SCIO) ststemont of nnanrial Position for the year ended 30th September 2025 Note 2025 2025 U.￿￿tIl£le￿I Flinds Rest￿.￿ed Funds 2024 Total Slatement of BalBnc O£ilic nci) l)roTr.Ighl fftiNi3id 10o!'i-It} loi s"_a,' 55,203 6?_,216 19,3031 1,33 {?19) (13,2351 5iJO <9,itp3) {?.19) t,.loJve,ii':ili on deiissetS 7L re st off cost or valiklti(ili ol fixtd asseLs, less -'Ii L'slim te ie511iik31 vali￿, over IheiT exihxlLYI 11selul INÉ*S on thr folloviiw k), C.1. 5￿) f)od,l_ Biioy.Iiiry Atds Roaj-frailvr 7rdLLoi 104 rerJLscing trhilance IlY*iJcirrfJ baLI[Ir I￿￿0 rcducirvj tHLIiiii' IO o" &EdiJrin£J tk31ai4 (e l ¥CJdiJcing basanre IO% l￿wIng ￿lIan 15010 rlxlucing balan ?l*ltr Eliir ?.C?., 248 54 576 E)epreciation b 1st rJ-.trobvr ?02.1 Cliawe IQF ITe:Ir Oli Digpos & FI41.￿r Dues In- 14caf I Ighl .% PoYieT 2.036 2,036 .142 1,514 3,009 1,514 1,981 ?ig 73.3 I lal￿￿￿ P.epatis & liisu1ai￿e l-rclCt¢)r P;JEI Radio Fi.-pairs % l_fLnCL' Sdili'ri41 kepairs & Repiacemerits F?s17liriti, & Admin Course Certdficalr.... fy L(w ￿)k5 Club O{Trpes & Trophtes lic0*J￿￿￿￿ry & P*ofessi￿*.)I F￿5 2(>4 71 ?_135 ts,19 410 292 1,186 1.1¥6 1,702 58 171 530 360 1,3iil 3,CJl 2,69 318 1,,48?_ 4Q4 4,031 4,2Li3 16.488 Pri)?LrtTri l.lainL?ncJncp Yard Virf?inlonaiicp Cler311in4 C