ARNSIDE SAILING CLUB
Arnside Sailing Club offers water sports including sailing, kayaking and paddleboarding from its main base on Morecambe Bay and Killington Lake. The Club has craft and equipment available for use and being an RYA Recognised Training Centre, can offer training courses to its members and the general public. The Club actively seeks to encourage young people to get involved in its water activities.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £2,651 for the year ended 31 October 2024, with total income of £39,165 and expenses of £41,816. The trustees note that prior to depreciation, the charity operated with a surplus of just over £7,000, and held cash reserves of £32,793 at year-end. The trustees consider the charity to be a going concern, citing mitigation strategies for risks related to membership and training income.
What the accounts disclose
“The Club’s policy is to hold a minimum level of cash reserves to cover 6 months operating expenses, currently £16,500 a year.”
“The Club has a trading subsidiary, “Old Customs House Trading Company Ltd” which runs a programme of social and music events in our clubhouse paying a rent and donating any profits to the Charity.”
“Loan to The Old Customs House Trading Co. Ltd”
“The Club has a trading subsidiary, “Old Customs House Trading Company Ltd” which runs a programme of social and music events in our clubhouse paying a rent and donating any profits to the Charity.”
“Loan to The Old Customs House Trading Co. Ltd”
“The Club has a trading subsidiary, “Old Customs House Trading Company Ltd” which runs a programme of social and music events in our clubhouse paying a rent and donating any profits to the Charity.”
Trustees
- Alasdair Gordon Chisholm Simpsonchair
- Alan Dawson
- Andrew Pringle
- CHRISTOPHER STANGER
- Jane Caldwell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £39k | £46k |
| 31/10/2024 | £39k | £42k |
| 31/10/2023 | £41k | £44k |
Common questions
Is ARNSIDE SAILING CLUB financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a deficit of £2,651 for the year ended 31 October 2024, with total income of £39,165 and expenses of £41,816. The trustees note that prior to depreciation, the charity operated with a surplus of just over £7,000, and held cash reserves of £32,793 at year-end. The trustees consider the charity to be a going concern, citing mitigation strategies for risks related to membership and training income. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 07/02/2018 | £10k | "Bringing Arnside's boat building and maritime heritage back to life and sharing it" |
| Sport England | 07/03/2017 | £10k | Arnside Sailing Club - Expanding our youth programme |