FLUSHING SAILING CLUB
Flushing Sailing Club CIO organises keelboat racing in Falmouth Harbour including the Carrick Roads and provides a social hub for sailors and members of the local community.
Financial health, per its FY2025 accounts
The accounts state that cash balances at the end of the period were £95,909, which includes £14,282 from members who had renewed their membership before the year-end. The trustees have determined it is prudent to maintain between six and twelve months of anticipated running costs as a general reserve, noting the club is reliant on sponsors and clubhouse use for day-to-day costs. No long-term investments are held, with all funds kept in UK High Street banks for security.
What the accounts disclose
“The trustees have therefore determined that it is prudent to maintain between six and twelve months anticipated running costs by way of a general reserve.”
Property (HM Land Registry)
Trustees
- David Owenschair
- David Mirchell
- Jeanette Hill
- Melanie Eva Franks
- Sarah Roby
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £125k | £132k |
| 31/12/2024 | £109k | £124k |
| 31/12/2023 | £100k | £71k |
| 31/12/2022 | £83k | £76k |
| 31/12/2021 | £245k | £421k |
Common questions
Is FLUSHING SAILING CLUB financially healthy?
Per its FY2025 accounts: The accounts state that cash balances at the end of the period were £95,909, which includes £14,282 from members who had renewed their membership before the year-end. The trustees have determined it is prudent to maintain between six and twelve months of anticipated running costs as a general reserve, noting the club is reliant on sponsors and clubhouse use for day-to-day costs. No long-term investments are held, with all funds kept in UK High Street banks for security.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 26/03/2025 | £3k | ER - Storm damage repair |
| Sport England | 25/02/2021 | £17k | New clubhouse |
| Sport England | 29/04/2020 | £75k | New clubhouse |