CARDIGAN BAY WATERSPORTS
Provision of courses in dinghy Sailing, Yacht Cruising, Windsurfing and Powerboat Handling following the syllabus set down by the Royal Yachting Association (RYA) and issuing appropriate certificates to successful candidates. Providing taster sessions and recreational activities for schools, youth groups and individuals in Watersports.
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a net incoming resource surplus of £34,801 for the year ended 31 December 2024, reversing a prior year deficit. Total reserves increased to £101,901, with free unrestricted liquid reserves standing at £72,252, which the trustees deem adequate to support operations during the summer season.
What the accounts disclose
“The policy on reserves is that the existing assets are retained to produce income which is wholly utilised to support existing activities.” — page 5
Trustees
- Carl Andrew Rich
- Crawford Mcleary
- Mark Andrew Rex Willis
- STEPHEN RICHARD BERRY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £147k | £112k |
| 31/12/2023 | £93k | £141k |
| 31/12/2022 | £130k | £149k |
| 31/12/2021 | £155k | £130k |
| 31/12/2020 | £70k | £87k |
Common questions
Is CARDIGAN BAY WATERSPORTS financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved a net incoming resource surplus of £34,801 for the year ended 31 December 2024, reversing a prior year deficit. Total reserves increased to £101,901, with free unrestricted liquid reserves standing at £72,252, which the trustees deem adequate to support operations during the summer season. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GRANGE FARM CENTRE | 1 | — |
| THE LINBURY TRUST | 1 | £110k |
| THE KIRBY LAING FOUNDATION | 1 | £75k |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 1 | £41k |
| HOBDEN FOUNDATION | 1 | £40k |
| DEPTFORD CHALLENGE TRUST LIMITED | 1 | £28k |
| THE GIRDLERS' COMPANY CHARITABLE TRUST | 1 | £25k |
| THE MAURICE AND HILDA LAING CHARITABLE TRUST | 1 | £25k |
Charities like this
- CHRISTIAN YOUTH ENTERPRISES SAILING CENTRE
- ROYAL CANOE CLUB TRUST
- ESSA WATER ACTIVITIES CENTRE
- YORKSHIRE DALES SAILING CLUB
- THE AHOY CENTRE
- PETT LEVEL INDEPENDENT RESCUE BOAT ASSN.
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CARDIGAN BAY WATERSPORTS | £147k | — | 0 | unclear | — | no doubt |
| CHRISTIAN YOUTH ENTERPRISES SAILING CENTRE | £1.2m | — | 0 | unclear | — | no doubt |
| ROYAL CANOE CLUB TRUST | £144k | — | 0 | unclear | — | no doubt |
| ESSA WATER ACTIVITIES CENTRE | £185k | — | 0 | unclear | — | no doubt |
| YORKSHIRE DALES SAILING CLUB | £135k | — | 0 | unclear | — | no doubt |
| THE AHOY CENTRE | £549k | £60,001 - £70,000 | 1 | unclear | — | no doubt |