Provident Sailing Charitable Trust Trustees’ Annual Report
1/1/24 -31/12/24
Charity contact information
Provident Sailing Charitable Trust
Scottish Charity Number: SC052216
Charity Trustees
Name all of your charity trustees for the period, and the date they left if they were not in post for the whole year
2
Objectives and activities
Provident is a 100 year old sailing vessel. It’s historical importance is recognised by being a part of the National Historic Fleet. This is the highest level of recognition as defined by the National Historic Ships organisation.
In the past Provident has been operated by charities or clubs which helped to provide sailing opportunities for people who may not ordinarily have access to this type of experience.
Provident is now owned by Angels Share Sailing Holidays Ltd. a company that operates holiday voyages aboard the boat, mainly on the Scottish West Coast.
The company is a tiny operation with limited finances and administrative resources.
The Company Director want to continue the tradition of Provident being a provider of great experiences for less affluent or less able people. Their main focus is necessarily on operating the boat in order to make a modest living and to be able to maintain the boat in a good and safe condition.
The charity was set up to try to raise money and to be able to offer these experiences to a broader range of people.
During the period covered by this report a modest amount of fundraising has taken place by encouraging paying guests to make small donations.
The charity intends that in future these funds and funds raised from other sources can be used to provide such opportunities. It is anticipated that this will be in collaboration with other organisations. For example with providers of sail training experiences.
3
Structure, governance and management
Type of governing document
Constitution of the Provident Sailing Charitable Trust (SCIO)
Trustee recruitment and appointment
No Recruitment
Achievements and performance
Modest fund-raising undertaken.
has completed training to be a RYA Cruising instructor. This will allow us to provide a level of formal training to prospective participants in sailing opportunities.
Financial review
Statement of the charity’s policy on reserves
N/A
Details of any deficit
None
Donated facilities and services
N/A
Future plans
Continue to raise funds.
Coordinating with local schools
Contact other charities with similar objectives and investigate the possibility of working with them.
4
Declaration
Signed on behalf of the charity trustees:
Print name Designation Chair Date 24/9/25
5
APPENDIX 3
’ Independent examiner s report on the accounts V2
| Independent examiner’s report on the accountsV2 | Independent examiner’s report on the accountsV2 | |
|---|---|---|
| Report to the | Provident Sailing Charitable Trust | |
| trustees/members of | ||
| Registered charity | SCO52216 | |
| number | ||
| On the accounts of the | Period start date Period end date |
|
| charity for the period | Day Month Year Day Month Year |
|
| 1 | 1 January 2024 to 31 December 2024 |
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| Set out on pages | (remember to include the page numbers of additional sheets) |
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| Respective responsibilities of trustees and examiner |
The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees |
|
| consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations | ||
| does not apply. It is my responsibility to examine the accounts as required under section | ||
| 44(1) (c) of the Act and to state whether particular matters have come to my attention. | ||
| Basis of independent | My examination is carried out in accordance with Regulation 11 of the 2006 Accounts | |
| examiner’s statement | Regulations. An examination includes a review of the accounting records kept by the | |
| charity and a comparison of the accounts presented with those records. It also includes | ||
| consideration of any unusual items or disclosures in the accounts and seeks | ||
| explanations from the trustees concerning any such matters. The procedures undertaken | ||
| do not provide all the evidence that would be required in an audit and, consequently, I do | ||
| not express an audit opinion on the viewgiven bythe accounts. | ||
| Independent examiner’s | In the course of my examination, no matter has come to my attention [other than that | |
| statement | disclosed on the attached page*] 1. which gives me reasonable cause to believe that in any material respect the requirements: • to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and • to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. |
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| Signed: | Date: 24/9/25 |
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| Name: | ||
| Relevant professional | ||
| qualification(s) or body | ||
| (if any): | ||
| Address: |
*Please delete the words in the brackets if they do not apply. If the words do apply, set out those matters which have come to your attention on the following page.
APPENDIX 3 Disclosure section Only coThplete rf the examiner needs to h3hlIght material problems. Glve here brief details of any items Ihal the examlner wishes to disclose
Enter SC No. below
APPENDIX 2
Enter charity name below
SC052216
| SC052216 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receipts andpayments accounts | ments accounts | ||||||||||||||||||
| Period start date | Period end date | Period end date | |||||||||||||||||
| For the period from |
1 Day1 |
January Month |
2024 Year |
to | Day Month 31 december |
Year 2024 |
|||||||||||||
| Section A Statement of receipts and payments | Section A Statement of receipts and payments | ||||||||||||||||||
| Unrestricted funds |
Restricted funds | Expendable endowment funds |
Permanent endowment funds |
Total funds current period |
Total funds last period |
||||||||||||||
| to nearest £ | to nearest £ | to nearest £ | to nearest £ | to nearest £ | to nearest £ | to nearest £ | to nearest £ | to nearest £ | to nearest £ | ||||||||||
| A1 Receipts | |||||||||||||||||||
| Donations | 836 | 836 | 836 | ||||||||||||||||
| Legacies | - | ||||||||||||||||||
| Grants | - | ||||||||||||||||||
| Receipts from fundraising activities | - | ||||||||||||||||||
| Gross trading receipts | - | ||||||||||||||||||
| Income from investments other than land | Income from investments other than land | ||||||||||||||||||
| and buildings | - | ||||||||||||||||||
| Rents from land & buildings | - | ||||||||||||||||||
| Gross receipts from other charitable | Gross receipts from other charitable | ||||||||||||||||||
| activities | - | ||||||||||||||||||
| - | |||||||||||||||||||
| A1 Sub total | A1 Sub total | A1 Sub total | 836 | - | - | - | - | - | - | - | - | 836 | 836 | - | |||||
| A2 Receipts from asset & investment | |||||||||||||||||||
| sales | |||||||||||||||||||
| Proceeds from sale of fixed assets - Proceeds from sale of investments - A2 Sub total - - - - - - Total receipts 836 - - - 836 - ~~————————~~ |
|||||||||||||||||||
| A3 Payments | |||||||||||||||||||
| Expenses for fundraising activities | |||||||||||||||||||
| - | |||||||||||||||||||
| Gross trading payments | |||||||||||||||||||
| - | |||||||||||||||||||
| Investment management costs | |||||||||||||||||||
| - | |||||||||||||||||||
| Payments relating directly to charitable | |||||||||||||||||||
| activities | - | ||||||||||||||||||
| Grants and donations | |||||||||||||||||||
| - | |||||||||||||||||||
| Governance costs: | |||||||||||||||||||
| - | |||||||||||||||||||
| Audit / independent examination | |||||||||||||||||||
| - | |||||||||||||||||||
| Preparation of annual accounts | |||||||||||||||||||
| - | |||||||||||||||||||
| Legal costs | Legal costs | ||||||||||||||||||
| - | |||||||||||||||||||
| Other | Other | Other | |||||||||||||||||
| - | |||||||||||||||||||
| - | - | ||||||||||||||||||
| A3 Sub total | **A3 Sub total ** | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| A4 Payments relating to asset and | |||||||||||||||||||
| investment movements | |||||||||||||||||||
| Purchases of fixed assets - Purchase of investments - A4 Sub total - - - - - - Total payments - - - - - - ~~———————~~ |
|||||||||||||||||||
| Net receipts / (payments) A5 Transfers to / (from) funds Surplus / (deficit) for year |
836 - - - 836 - - 836 - - - 836 - ~~====-=~~ |