SEAVIEW VILLAGE REGATTA LIMITED
The Seaview Village Regatta provides an annual sporting event in the village of Seaview on the Isle of Wight. These activities are open to all residents and resident visitors of the villages of Seaview and Nettlestone. The sports include sailing, Tug-of-War, Swimming, Diving, Children's Beach Sports, small-engine motor boat racing and sea rowing.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net surplus of £1,639 for the year, increasing its total unrestricted funds to £47,419. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The organization operates entirely on volunteers with no paid staff or support costs.
What the accounts disclose
“These funds are held as a reserve against unforeseen expenses and contingencies.”
“Other than the following there was no remuneration paid to trustees and no trustee expenses have been incurred. Mr G Nimmo was paid £395 for the rent of a garage for storage of the Regatta’s equipment.” — page 8
“Mr G Nimmo was paid £395 for the rent of a garage for storage of the Regatta’s equipment.” — page 8
Trustees
- DR ANNE EVANSchair
- EDWARD COTTERELL
- GEORGE ALAISTER NIMMO
- Robert Murray Blake Holmes
- Simon Birchenough
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £44k | £43k |
| 31/12/2023 | £41k | £38k |
| 31/12/2022 | £34k | £36k |
| 31/12/2021 | £21k | £29k |
| 31/12/2020 | £19k | £4k |
Common questions
Is SEAVIEW VILLAGE REGATTA LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net surplus of £1,639 for the year, increasing its total unrestricted funds to £47,419. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The organization operates entirely on volunteers with no paid staff or support costs. Its FY2024 accounts were independently examined.