DORCHESTER SAILING CLUB
Provides facilities for the sport of sailing and other water sports which are capable of improving physical health and fitness.
Financial health, per its FY2024 accounts
The accounts state that the Club made a gain of £16,336 prior to mortgage repayments, strengthening its financial position. Per the trustees' report, the Club operates a reserves policy of retaining £20,000 cash as a contingency reserve, which is fully met by the unrestricted funds. The Trustees confirm the Club remains a going concern with adequate resources for the foreseeable future.
What the accounts disclose
“The Club operates a general reserves policy of retaining £20,000 cash as a contingency reserve.” — page 9
Property (HM Land Registry)
Trustees
- Caroline Elizabeth Gregory
- David Lewis
- LESLIE MARTINS
- Lewis John O'Donald
- Nicky Macdonald
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £73k | £58k |
| 31/12/2023 | £68k | £71k |
| 31/12/2022 | £72k | £69k |
| 31/12/2021 | £86k | £62k |
| 31/12/2020 | £74k | £48k |
Common questions
Is DORCHESTER SAILING CLUB financially healthy?
Per its FY2024 accounts: The accounts state that the Club made a gain of £16,336 prior to mortgage repayments, strengthening its financial position. Per the trustees' report, the Club operates a reserves policy of retaining £20,000 cash as a contingency reserve, which is fully met by the unrestricted funds. The Trustees confirm the Club remains a going concern with adequate resources for the foreseeable future. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 19/03/2013 | £10k | Club Fleet Expansion Topper Argo |
| Sport England | 23/01/2013 | £24k | Sailing Area Expansion |
| Sport England | 07/12/2010 | £10k | Club Fleet Expansion RS Feva |