ANDREW SIMPSON SAILING FOUNDATION
Registered charity 1153060 · accounts filings on the Charity Commission register · also known as ASSF
The Foundation uses the challenges of sailing to develop young people by promoting health & wellbeing and building the personal skills that will improve a young person's ability to succeed in life and work.We support providers of sailing opportunities (financially and practically) and where sailing facilities are less developed, we support the creation of those facilities in a sustainable way.
Causes: General Charitable Purposes · Education/training · Disability · Amateur Sport · Other Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the charity reported a consolidated net surplus of £178,928 for the year ended 31 December 2024, with total income of £3,144,064 and unrestricted reserves of £1,495,726. The trustees confirm that unrestricted reserves are reviewed quarterly to maintain at least one year’s committed operating expenditure, and the auditor reported no material uncertainties regarding the group's ability to continue as a going concern.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: one year’s committed operating expenditure (held: £1.5m)
“The ASF’s unrestricted reserves are reviewed by the Trustees on a quarterly basis to ensure that it maintains at least one year’s committed operating expenditure in cash to manage against unforeseen circumstances.” — page 17
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Recharges to subsidiary Sail Training Trust
“Andrew Simpson Watersports Centres Limited and Sail Training Trust - There were recharges of £97,747 (2023: £97,200) made to Sail Training Trust during the year. At the balance sheet date, the amount due (to)/ from Sail Training Trust was £8,778 (2023: £23,177).” — page 52
“Andrew Simpson Watersports Centres Limited and Horizons Plymouth - There were recharges of £19,048 (2023: Enil) made to Horizons Plymouth during the year. There were grants of £8,000 (2023: £nil) made to Horizons Plymouth during the year At the balance sheet date, the amount due (to)/ from Horizons Plymouth was £6,201 (2023: £nil).” — page 52
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Recharges and grants to subsidiary Horizons Plymouth
“Andrew Simpson Watersports Centres Limited and Sail Training Trust - There were recharges of £97,747 (2023: £97,200) made to Sail Training Trust during the year. At the balance sheet date, the amount due (to)/ from Sail Training Trust was £8,778 (2023: £23,177).” — page 52
“Andrew Simpson Watersports Centres Limited and Horizons Plymouth - There were recharges of £19,048 (2023: Enil) made to Horizons Plymouth during the year. There were grants of £8,000 (2023: £nil) made to Horizons Plymouth during the year At the balance sheet date, the amount due (to)/ from Horizons Plymouth was £6,201 (2023: £nil).” — page 52
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Andrew Simpson Watersports Centres Limited
“During the year grants for charitable activities were paid to Andrew Simpson Watersports Centres Limited totalling £667,773 (2023: £248,602). At the balance sheet date the amount due from Andrew Simpson Watersports Centres Limited was £295,172 (2023 - £182,473).” — page 52
Per its FY2024 accounts as filed with the Charity Commission.
Accounts audited by PKF Francis Clark. Discloses 4 of 6 completeness components.
Public fundraising profile: JustGiving — Andrew Simpson Sailing Foundation (matched by registered charity number).
Property (HM Land Registry)
2 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Public profiles (found on the charity’s own website): facebook · instagram
Structured financials (annual return, FY ending 31/12/2024)
Cost of raising funds
£87k
Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (60% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 2.8% of total income — below the median for charities its size (5.2%) (benchmarks).
Register events
- Received assets from another charity (09/02/2021) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Trustee list from the Charity Commission register (current, not historical).
Operates in: Scotland · Throughout England And Wales
Income and spending
Common questions
Is ANDREW SIMPSON SAILING FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a consolidated net surplus of £178,928 for the year ended 31 December 2024, with total income of £3,144,064 and unrestricted reserves of £1,495,726. The trustees confirm that unrestricted reserves are reviewed quarterly to maintain at least one year’s committed operating expenditure, and the auditor reported no material uncertainties regarding the group's ability to continue as a going concern. Its FY2024 accounts were audited by PKF Francis Clark.
Who funds ANDREW SIMPSON SAILING FOUNDATION?
Funders whose own accounts filings name ANDREW SIMPSON SAILING FOUNDATION as a grant recipient include THE VALENTINE CHARITABLE TRUST, JOHN LAING CHARITABLE TRUST, JOHNNIE JOHNSON TRUST, CHARTERED ACCOUNTANTS' LIVERY CHARITY, THE HISCOX FOUNDATION.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
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Semantically similar by activities and financial character, from our analysed corpus. Compare with THE RYA FOUNDATION.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.