STOKE GABRIEL BOATING ASSOCIATION
The SGBA promotes community participation in healthy recreation in the area of the estuary of the River Dart, in particular by the provision of facilities, boats and instruction in the sports of sailing, kayaking, canoeing and rowing.
Financial health, per its FY2024 accounts
The accounts state that total income for the year was £74,789, with operating costs of £70,339, resulting in a net surplus of £4,450. The charity held total funds of £336,759 at year-end, with unrestricted general funds of £93,315 and designated funds of £34,000. The trustees consider the financial position satisfactory and the charity to be a going concern with no material uncertainties.
What the accounts disclose
“SGBA will hold a minimum level of free reserves, defined as net current assets held in general funds, of £15,000 to cover six months' operating expenses” — page 10
Trustees
- BRIAN STAFFORD DEACON
- Bryan Watt
- Charles GiLLMORE
- Dr Peter Lyle
- Ian Curror
- Michael Simmons
- Peter Alexander Barton-Wood
- Peter Waite CEng
- Richard Hoyland
- Sara Chisholm-Batten
- Serena Davis
- William Aylmer LEWIS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £75k | £70k |
| 31/12/2023 | £75k | £72k |
| 31/12/2022 | £74k | £59k |
| 31/12/2021 | £57k | £42k |
| 31/12/2020 | £45k | £28k |
Common questions
Is STOKE GABRIEL BOATING ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that total income for the year was £74,789, with operating costs of £70,339, resulting in a net surplus of £4,450. The charity held total funds of £336,759 at year-end, with unrestricted general funds of £93,315 and designated funds of £34,000. The trustees consider the financial position satisfactory and the charity to be a going concern with no material uncertainties. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 09/12/2015 | £18k | Replacement facilities at waterfront site on the River Dart. |
| Sport England | 15/10/2014 | £50k | Replacement facilities at waterfront site on the River Dart. |
| Sport England | 15/08/2011 | £9k | Senior Sailing |