SOUTH SHIELDS SAILING CLUB

Registered charity 1097149 · accounts filings on the Charity Commission register · also known as S.S.S.C.

Dinghy sailing

Causes: Education/training · Amateur Sport · Economic/community Development/employment · website · Get email alerts

Latest income
£33k
Latest spending
£25k
Registered
2003
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity achieved a net operating surplus of £7,428 for the year ended 31 December 2024, with total income of £32,523 and total expenditure of £25,096. The trustees report that the charity holds a reserve of £30,000 to cover unanticipated and uninsurable damage to assets, and the net assets increased by £4,111 after depreciation.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: £30,000 to cover unanticipated and uninsurable damage to assets (held: £30k)
The charity holds a reserve of £30,000 to cover unanticipated and uninsurable damage to assets.
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: South Tyneside

Income and spending

Financial year endIncomeSpending
31/12/2024£33k£25k
31/12/2023£32k£24k
31/12/2022£28k£23k
31/12/2021£48k£42k
31/12/2020£26k£28k

Common questions

Is SOUTH SHIELDS SAILING CLUB financially healthy?

Per its FY2024 accounts: The accounts state that the charity achieved a net operating surplus of £7,428 for the year ended 31 December 2024, with total income of £32,523 and total expenditure of £25,096. The trustees report that the charity holds a reserve of £30,000 to cover unanticipated and uninsurable damage to assets, and the net assets increased by £4,111 after depreciation. Its FY2024 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Sport England04/07/2011£10kAdult Sailing
The National Lottery Community Fund31/03/2006£5kPurchase Of Rigid Inflatable Safety Boat