Finance Score: 2

Governance Score: 5

Support Score: 3

Poor Liquidity: -1
Strong growth: +2
Multiple Deficits: -2
Fundraising costs low: +3

Good trustee age range: +3
Dynamic board: +3
Mainly male board: -1

Grant maker support: +3

Overall GiG Score: 10

ADVENTURE UNDER SAIL

To educate young people through the provision of sailing or sailing related activities and other training so as to develop their physical, mental and social capabilities so that they may grow to full maturity as individuals and members of society and their conditions may be improved.

Analysis by Giving is Great

Positives:

The charity has received backing from a grant maker
There has been strong growth in spending over the last 5 years
Fundraising costs are low relative to funds raised
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

The Board is predominantly male

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
There has been a change of accounting period recently, so trends may be hard to determine
On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?

N.B. data has been adjusted to reflect year end change

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23		£1,195	£1,429	£-235	£73	£294	£292	2.4	4	115
31/03/22		£1,120	£1,154	£-35	£49	£529	£212	2.2	4	115
31/03/21?		£804	£900	£-96	£28	£563	£561	7.5	4	94
30/04/20		£843	£899	£-56	£0	£659	£657	8.8	2	97
30/04/19		£710	£812	£-103	£0	£715	£713	10.5	2	20
30/04/18		£445	£579	£-135	£0	£0	£0	n/a	0	0
30/04/17		£590	£591	£0	£0	£952	£952	19.3	12	0
30/04/16		£497	£594	£-97	£0	£0	£0	n/a	0	0
30/04/15		£406	£470	£-64	£0	£0	£0	n/a	0	0
30/04/14		£712	£425	£287	£5	£1,113	£1,113	31.4	5	0
30/04/13		£1,634	£832	£802	£5	£827	£827	11.9	4	0
30/04/12		£189	£174	£16	£0	£0	£0	n/a	0	0
30/04/11		£19	£22	£-3	£0	£0	£0	n/a	0	0
30/04/10		£4	£1	£3	£0	£0	£0	n/a	0	0
30/04/09	*	£37	£19	£18	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 6.8%
Fundraising Costs/Total Spending: 5.1%
Senior Staff Costs/Total Spending: 12%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 86%
Liabilities/Income: 149%
Unrestricted Funds/Total Funds: 99%
Reserves/Spending: 2.4 months
Net Current Assets/Spending: -1 months
Quick Ratio: 0.2

Asset Split ?

Established: 16 years

http://www.seasyourfuture.org

enquiries@seasyourfuture.org

01305839835

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training
Other Charitable Purposes

GiG Classification

Sports activities

How it operates

Makes Grants to Individuals
Provides services

Where it operates

Costa Rica, Germany, Ireland, Throughout England And Wales,

Who it helps

Children/Young People
Other Charities Or Voluntary Bodies
The General Public/Mankind

Who works here?

4 employees
115 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
Sport England - COVID-19 CEF
£6,000	03/06/2020 4	Funding under Sport England's COVID-19 Community Emergency Fund funding programme for a Revenue project titled COVID-19 CEF. This project lists its main activity as Sailing & Yachting
DCMS - Youth Covid Support Fund 2021
£68,536	01/04/2020	To ensure young people have uninterrupted access to Youth services, preventing their closure

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (10)

Current Trustees appointed

Gender Split

Age Range of Trustees: 36-78

CRAIG SHEFFIELD Appointed: 2023, Occupation: Finance Director

PATRICK HOVERSTADT Appointed: 2023, Occupation: Company Director

PAUL SHEPHERD Appointed: 2023, Occupation: Company Director

ROY JARVIS Appointed: 2023, Occupation: College Lecturer

SIMON WILLIAMS Appointed: 2019, Occupation: Self Employed

JANE NICKLEN Appointed: 2019, Occupation: Local Government Manager

JOHN DOVER Appointed: 2019, Occupation: Retired

KEVIN FLEMING Appointed: 2023, Occupation: Consultant, Other trusteeship: COMPTON DUNDON AND LITTLETON VILLAGE HALL,

KAREN HEENAN Appointed: 2012, Occupation: Self-Employed, Other trusteeship: FOUNDATION FOR RELIEF AND RECONCILIATION IN THE MIDDLE EAST,

NICK LAMBERT Appointed: 2020, Occupation: Director, Other trusteeship: THE JAMES CAIRD SOCIETY,

Legal constitution

Charitable company registered in England & Wales on 31/05/2008, number: 1124276
Registered at Companies House on 17/04/2008, number: 06569266

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

15 returns made; AR09: 1 days late,

Main office

c/o Sharpness Shipyard
& Drydock Ltd
Sharpness
Berkeley
Gloucestershire
GL13 9UD

Objectives

TO EDUCATE YOUNG PEOPLE THROUGH THE PROVISION OF SAILING OR SAILING RELATED ACTIVITIES AND OTHER TRAINING AND SO AS TO DEVELOP THEIR PHYSICAL, MENTAL AND SOCIAL CAPABILITIES SO THAT THEY MAY GROW TO FULL MATURITY AS INDIVIDUALS AND MEMBERS OF SOCIETY AND THEIR CONDITIONS OF LIFE MAY BE IMPROVED.

Defined Area of Benefit:

UNDEFINED. IN PRACTICE, WEYMOUTH, DORSET.

Data Sources