trustees' annual report for the

CHARITY COMMISSIONFOR ENGLANO AND WALES

Trustees' Annual Report for the period

From 18 October 2016 To 31 INarch 2018

Charity name: Lancashire School Sailing Association

Charity registration number: 1169755

Objectives and Activities

Summary of the purposes ofthe charity as set out in itsgoverning document

Summary of the mainactivities in relation to thosepurposes for the publicbenefit, in particular, theactivities, projects or servicesidentified in the accounts.

Statement congrmingwhether the trustees havehad regard to the guidanceissued by the CharityCommission on publicbenefit

SORP iaf

Para 1.17

Para 1.17and 1.19

Para 1.18

To advance the education of people up to the age of25 in all aspects of watersports, primarily, but notexclusively, sailing and associated activities in order toimprove their condition of life.

The following activities were completed for this periodand are:—

Fishmoor Bt Spade Mill the Associations venuesactivities, April to Sept 2018 for small groups of YP toenjoy paddling and saiTing taster sessionsWater Days w/e event, 24th-25th June 2017 atAnderton Center Rivington

Water Sports w/e 16 - 17th Sept 2017 residential

event at Anderton Centre Rivington.

LSSA Regatta on Saturday June 2017 at Jumble Sailing

Club

Youth Team Racing at various national events.New Safety Boat project at Fishmoor

The Associations Trustees have had regard to theguidance issued by the Charity Commission on public

benefit

Additional information (optional)You ma choose to include further statements where relevant about:

SORP raf

Policy on grant making

Policy on social investmentincluding program relatedinvestment

Contribution made byvolunteers

Para

1.38

Para 1.38

Para 1.38

N/A

The Association relies entirely on membersvolunteering their time, mainly through the Sailing

Committee, to enable the running of 8 varied annual

programme of water sports.

Other N/A

Achievements and Performance

Summary of the mainachievements of the charity,identifying the difference thecharity's work has made tothe circumstances of itsbeneficiaries and any widerbenefits to society as awhole.

SORPIBI

Para 1.20

The Associations aim 'to advance the education ofYoung People in all aspects of watersports' wasachieved by a full programme of events during theyear. It should be remembered that without the work

of the Associations most of the YP would not be able togain access watersports and water activities. Our

annual programme of activities include:-

Managing and operating our dedicated water sportscentres at Fishmoor (Blackburn) gr Spade Mill

(Longridge) reservoirs. These venues are open mainly

between April to Sept for our members to allow small

groups of Young People (YP) to enjoy water activities

e.g. paddling and sailing.

The Association ran an annual Water Days weekend ofwater sports for its members, over 24th-25th June, atthe Anderton Centre, Rivington. This event managed

by 25 volunteers attracted over 200 YP over theweekend.

A residential Water Sports w/e 16 —17th Sept also atthe Anderton Centre, Rivington was organised for 12YP. This formal training event saw 12 YP attain national

Royal Yachting Association (RYA) qualifications in

saiTing and power boating.

The Associations Annual Regatta in Oct 2017 was held

in conjunction with Jumbles Sailing Club.

The Associations Youth Racing team of 15 YP attendeda range of national events including

~ Southport 12hour Race~ National Regatta~ National Singie Handed Team Racing

The youth tea'm, a mix of rookie and experiencedsailors, varied in size depending on the event.

Fishmoor venue was awarded a large grant from twocharities, Hedley Foundation and VYNet, to allow

expansion of activities through the purchase of a

second Safety Boat.

Additional information (optional)You ma choose to include further statements where relevant about:Achievements againstobjectives set Para 1.41 N/A

Performance of fundraisingactivities against objectivesset Para 1.41

The main objective for fundraising was to purchase anew second Fishmoor Safety Boat cost f5,000. This

was achieved through grants from Hedley Foundation

(f4,000) and Blackburn with Darwen Voluntary Youth

Network (f1,000)

Investment performanceagainst objectives

Para 1.41 N/A

Other N/A

Financial Review

Review of the charity'sfinancial position at the endof the period

Para 1.21 The Associations Financial audited accounts (attached),are compliant, the main issues:-.' f1,550 spent from reserves.~ f4,600 received in grant funding.~ f8,035spent on development (training) costs.~ f1,826 Insurance expense.There was an unexpected cost of f1,500 paidto BwD Young Peoples Services to purchase twostorage Containers gr two laser Funboats for Fishmoor.

A working group is at present looking into membershipand water fees with a view to increasing contributionsfor the next Financial year.

Statement explaining thepolicy for holding reservesstating why they are held

Para 1.22 The agreed policy is to hold reserves in an amount tocover the Associations fixed expenditure plus

event/project committed costs.

Amount of reserves held

Reasons for holding zeroreservesDetails of fund materially in

deficit

Para 1.22

Para 1.22

Para 1.24

As of agreeing this report, until the end of the current

FY, these total f 3,323.

N/A

N/A

Explanation of anyuncertainties about thecharity continuing as a goingconcern

Para 1.23N/A


The charity's principalsources of funds (includingany fundraising) Para 1.47

The Associations principal source of funding arethrough:—' Membership fees gr other contributions~ Grant funding from both local and national

charities and Local Authorities.

Investment policy andobjectives including anysocial investment policyado tedA description of the principalrisks facing the charity

Para 1.46

Para 1.46

N/A

N/A

Other N/A

Structure, Governance and Management

Description of charity'strusts:Type of governing document.'relet d-Pd rr V+I ",, : "teHow is the charityconstituted?

Para 1.25

Para 1.25

Charity Constitution

CIO

Trustee selection methodsincluding details of anyconstitutional provisions e.g.election to post or name ofany person or body entitledto appoint one or moretrustees

Para 1.$5 Constitutional provision usually elected by all members

at General Meetings or by appointment by existing

trustees at any time


Policies and proceduresadopted for the induction andtraining of trustees Para 1.51

Lancashire School Sailing Association (LSSA) operatesin accordance with a suite of policies, procedures and

standard operating procedures (SOPs). This includes an

induction pack for trustees, given to new trusteeswhen they are elected.

The charity's organisationalstructure and any widernetwork with which thecharity works

Para 1.51

Since forming as a charity we have a policy of forming

new relationships with other youth (or youth related)organisations especially those based near to our watersports venues.We have an ambitious project to replace thetemporary storage containers at Fishmoor with a

permanent boathouse. The initial phase will be to gain

approvals of both the site owners and planning

permission through the local authority.

Relationship with any relatedparties Para 1.51

N/A

N/A

Reference and Administrative details

Charity name Lancashire School Sailing Association

Other name the charity uses LSSA

Registered charity number 1169755Charity*s principal address 16, Lostock Road,

Croston,Lancashire.PR26 9HT

Names of the charity trustees who manage the charity

Trustee name

Thomas Has}am

Carl Coughlan

Kris Barrett

Ray Worthington

John McCann

Rachael Astley

Steve McBride

Office {ifany}

Chair

Treasurer

Principal

Dates acted if not for wholeyear

13/2/2017 to 31/3/2018

15/5/2017 to 31/3/2018

15/5/2017 to 31/3/2018

15/5/2017 to 31/3/2018

18/10/2016 to 31/3/2108

18/10/2016 to 31/3/2018

18/10/2016 to 10/9/2017

Name of person {orbody) entitledto appoint trustee {ifany)

Cor orate trustees —names of the directors at the date the report was a rovedDirector name N/A

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole earN/A

Funds held as custodian trustees on behalf of othersDescription of the assetsheld in this capacity

N/A

Name and objects of thecharity on whose behalf theassets are held and how thisfalls within the custodiancharity*s objects

N/A

Details of arrangements forsafe custody andsegregation of such assetsfrom the charity's own assets

N/A

Additional information (optional)

Names and addresses of advisers (Opttonal information)

Type of Name AddressadviserN/A

Name of chief executive or names of senior staff members {Optional information)

N/A

Exemptions from disclosureReason for non-disclosure of ke ersonnel details

N/A

Other optiorial ittformati nN/A

DeclarationsThe trustees declare that they have approved the trustees' report above.

Signed on behalf of the chari s trustees

Signature(sj

Full narnels)

Position {egSecretary,Chair, etc)

Date

John Ed ccann

Chair

otI Zoir

Carl Coughlan

Treasurer

LANCASHIRE SCHOOL SAILING ASSOCIATION

FINANCIAL STATEIIENTS

FOR THE YEAR PERIOD 18/10/2018 T~/03/2018

Red Rose Accountancy Services Ltdincorporated Financial Accountants

31 Barn Field CloseCoins

BBSOQB


FINANCIAL STATENIENTS

FOR THE PERIOD ENDED 31 MARCH 2018

Page 1

I report on the accounts of the association for the period ended 31 March 2018 which are Set out on

pages 2 to 3.

Respective responsibilities of Committee and examiner

The association's Committee are responsible for the preparation of the accounts.

it is my responsibility to:

examine the accounts in accordance with UK Generally Accepted Accounting Practice (GAAP)

state whether particular matters have come to my aitention

Basis of independent examiner's report

My examination was carried out in accordance with UK GAAP. An examination includes a review ofthe accounting records kept by the association and a comparison of the accounts presented with

those records. It also includes consideration of any unusual items or disclosures in the accounts and

seeking explanations from the Committee concerning any such matters. The procedures undertaken

do not provide all the evidence that would be required in an audit. Consequently, no opinion is given asto whether the accounts show a true and fair view and the report is limited to those matters set out in

the statement below.

Independent examiners statement

In connection with my examination, no matter has come to my attention which gives me reasonablecause to believe that in any material respect the requirements

to keep proper accounting records

to prepare accounts which accord with the accounting records

have not been met, or to which in my opinion, attention should be drawn in order to enable a properunderstanding of the accounts to be reached.

Alan Dawson BA(Hons) FFARed Rose Accountancy Services LtdIncorporated Financial Accountants31 Bam Field CloseColneBB8OQB

'Date: .


INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR PERIOD 18/10/2016 TO 31/03/2018

Page 2

20186

IncomeMembership and water feesTeam racing and regattaTraining and centre activity

Grants and donationsOther

1,9855,8928,7964,600

11

21,284

ExpenditureSubscriptionsTeam racing and regattaTraining and centre activityInsuranceEquipment and maintenanceUtilities

AdministrationAccountancy

1557,6278,0351,8266,492

229177200

24,741

Operating deficit (3,457)

LANCASHIRE SCQOOL SAIL)NG ASSOCIATION

BALANCE SHEET

AS AT 31 INARCH 2018

Page 3

2018E

Current assetsBank and cash 10,867

Current liabilitiesAccruala 200

Net current assets 10,667

Accumulated fupds

Reserve fund transferred into Charity on 18/1 0/2016Deficit for the year

14,124(3,457)

10,667

trustees' annual report for the

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