HORIZONS (PLYMOUTH)
Education/TrainingSport/recreationEconomic/Community development/Employment
Financial health, per its FY2024 accounts
The accounts state that total funds increased to £211,443 at the end of the period, with unrestricted reserves of £202,547. The trustees confirm that the charity's net liquid funds are sufficient to cover twelve months of committed outgoings, meeting their stated reserves policy. The charity reported a net income of £49,326 for the 18-month period, supported by grants and donations.
What the accounts disclose
“Donations and grants 3 172,612 53,210 225,822” — page 10
“The desired policy is to consistently have a level of net liquid funds sufficient to cover twelve months of committed outgoings, net of confirmed future receipts, at any point in time.” — page 5
“During the period wages recharges of £19,048 (2023: £nil) were made by Andrew Simpson Watersports Centres Limited to Horizons Plymouth for new Horizons Plymouth staff who are on the Andrew Simpson Watersports Centres Limited payroll as part of the ongoing operational structure.”
“At the balance sheet date £1,799 (2023: £nil) was owed to Andrew Simpson Watersport Centres by Horizons Plymouth and is included in creditors.”
“During the period wages recharges of £19,048 (2023: £nil) were made by Andrew Simpson Watersports Centres Limited to Horizons Plymouth for new Horizons Plymouth staff who are on the Andrew Simpson Watersports Centres Limited payroll as part of the ongoing operational structure.”
“At the balance sheet date £1,799 (2023: £nil) was owed to Andrew Simpson Watersport Centres by Horizons Plymouth and is included in creditors.”
Trustees
- DAVID MARTIN GRATTONchair
- Andrew Mark Brown
- Dr Jennie Richardson
- Michael Roland Malric-Smith
- Robert Mathieson Fletcher
- STUART JONES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £261k | £219k |
| 30/06/2023 | £158k | £159k |
| 30/06/2022 | £117k | £171k |
| 30/06/2021 | £124k | £134k |
| 30/06/2020 | £124k | £138k |
Common questions
Is HORIZONS (PLYMOUTH) financially healthy?
Per its FY2024 accounts: The accounts state that total funds increased to £211,443 at the end of the period, with unrestricted reserves of £202,547. The trustees confirm that the charity's net liquid funds are sufficient to cover twelve months of committed outgoings, meeting their stated reserves policy. The charity reported a net income of £49,326 for the 18-month period, supported by grants and donations. Its FY2024 accounts were independently examined.
Who funds HORIZONS (PLYMOUTH)?
Funders whose own accounts filings name HORIZONS (PLYMOUTH) as a grant recipient include THE HARGREAVES FOUNDATION, THE CLARE MILNE TRUST, ANDREW SIMPSON SAILING FOUNDATION, The Squire Patton Boggs Charitable Trust, THE RYA FOUNDATION.
Shared trustees with funders
- DAVID MARTIN GRATTON — trustee here and at ANDREW SIMPSON SAILING FOUNDATION
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE HARGREAVES FOUNDATION | FY2024 | £20k | |
| THE CLARE MILNE TRUST | FY2025 | £9k | |
| THE HARGREAVES FOUNDATION | FY2023 | £9k | Grants approved |
| ANDREW SIMPSON SAILING FOUNDATION | FY2024 | £8k | |
| The Squire Patton Boggs Charitable Trust | FY2022 | £5k | Education/Training |
| THE CLARE MILNE TRUST | FY2022 | £5k | |
| THE RYA FOUNDATION | FY2025 | £4k | |
| THE WILLIAM WATES MEMORIAL TRUST | FY2023 | £2k | |
| YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATION | FY2024 | £2k | |
| R G HILLS CHARITABLE TRUST | FY2023 | £2k | |
| THE RYA FOUNDATION | FY2026 | £2k | |
| R G HILLS CHARITABLE TRUST | FY2024 | £2k | |
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | FY2024 | £2k | |
| THE WOODWARD CHARITABLE TRUST | FY2024 | £600 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 18/03/2024 | £7k | ALB-Sport England-Horizons Volunteer Sailing Evenings |
| The National Lottery Community Fund | 11/07/2019 | £10k | Club storage/changing hut |
| Sport England | 11/02/2015 | £10k | Horizons Feva |
| Sport England | 11/03/2010 | £4k | Out of School water acivities for disabled and disadvantaged |
| The National Lottery Community Fund | 28/06/2006 | £50k | Boat Building Project 'The Big Splash' |
| The National Lottery Community Fund | 21/06/2006 | £10k | Horizons Sailing Club Race Squad |