Guernsey Sailing Trust LBG Annual Report & Financial Statements 2012
Delivering quality sailing tuition to young islanders since 1988
Governance Patron His Excellency the Lieutenant-Governor
Trustees J R Le Prevost
J M Le Pelley
Directors P M Bodman
Secretary (appointed 16 Jan 2013)
Treasurer (resigned 26 September 2013)
Treasurer (appointed 26 September 2013)
Management Committee M P Higgins
Lead Sponsor The Anson Group, www.anson-group.com
Office Castle Emplacement, St Peter Port, Guernsey GY1 1AU Email: firstname.lastname@example.org | Telephone: 01481 710877
Chairman’s Report 2012 was another successful year for the Guernsey Sailing Trust with hundreds of young people being given the chance to learn about sailing for the first time or to enhance the skills they already possess. As so often in the past the weather was not the best but every effort was made to make good use of the time available. In the shoulder months, late in the season very windy days were put to good use either in the classroom or in practising powerboat manoeuvres in the harbour with the safetyboats.
Oppies, courtesy of a number of generous sponsors. They will get good value for their money with ample publicity over the next two years on the Model Yacht Pond and in Havelet Bay.
depreciation, for the first time in many a year and that was due to generous sponsorship and donations. 2012 was the final year of corporate support from the Anson Group, to whom we are very grateful, so we are again looking for a headline corporate sponsor for 2013 onwards.
surplus of under £3,000, which will be added to reserves.
In 2013 the outlook is not so
bright and a loss is anticipated which will eat into our reserves. The Education Department maintained its grant for 2012 which provides about 40% of
The success of the Trust over the last 25 years owes a lot to the support of the States of Guernsey Education Department as well as the close and successful relationship with the Guernsey Yacht Club, through sharing of supportive
opportunity to extend the range of sailing options. The partnership with the Education Department creates the unique opportunity of including sailing in the curriculum for all young people, including those with special needs.
the funding for the Trust as a whole. The bulk of the Trust’s work is in providing courses to the primary and secondary schools within the curriculum, which is recognised and supported by the grant. As an Island we owe it to our young people to give the opportunity to enjoy the sea that surrounds us with the necessary skill and confidence to do so safely, which will ensure their enjoyment. At the end of 2012 the Trust received a letter from the Minister for Education, Robert Sillars, advising that the grant to the GST would be
Providing accessible sailing tuition is at the heart of the Trust’s ethos and it is worth noting
Despite the economic recession the Trust
Before depreciation the Trust managed a
During the year we obtained new sails for the
significantly cheaper than the equivalent courses offered in the UK, even though the providers there are often supported by local councils, local clubs or lottery funding.
reduced in 2013 and in 2014, due to the necessity
spending. This will put more pressure on the GST finances and we shall see how we can absorb the reduction without diminishing the valuable and high quality service we provide to young Islanders.
Friends of the Trust
good condition so that we can offer a range
The Friends of the GST has fallen into abeyance over the last six years and despite vigorous efforts to find people willing to devote time to fundraising to support the Trust no one has come forward yet. Renewed efforts are being made in 2013 as this could be a valuable lifeline for the Trust as the recession
of RYA courses and schools sailing for all children from all walks of life. The Trust works all its assets hard and, as a result, has to regularly replace boats, sails, life jackets and waterproof tops, as well as trailers and occasionally the safety boats. Every year, boat maintenance is also required to ensure all items are “fit for purpose”. We welcome sponsorship in all forms and
amounts and can offer publicity via names on
Adam Reed and Richard Klein have continued
the sum involved. We look forward to hearing
to provide the core of the GST team,
from interested parties to discuss these
supported very ably by Jackie Reed in the vital
innovative opportunities which contribute to
administration role. These three have been
helping young people from all walks of life to
supplemented with a group of able and
grow in confidence and knowledge.
life jackets, sails and dinghy hulls, according to
willing young instructors for the summer courses.
instructors at different times, all of whom are RYA qualified to Senior, Dinghy or Assistant Instructor level.
Special events In the 2012 / 13 winter Adam Reed, Richard Klein, Mike Higgins and Sarah Creasey visited a number of schools with a display and a
dinghy to illustrate what the GST offers and to
The Trust continues to require sponsorship in
publicity in the Guernsey Evening Press as well
order to keep our fleets of Oppies, Picos,
as more interest in the courses offered.
excite some interest. That resulted in good
Windsurfers and Hawk 20’s up-to-date and in
Phil Bodman, Chairman
Principal’s Report Since taking over the helm in 2009 I realised I
had some rather large Dubarry Sailing Boots
programme has continued to thrive with
to fill, with the retirement of John Elliott after
numbers of Students on the water, be it on
20 years as Principal of the Trust.
the Pond or Havelet Bay, increasing each year.
been Chief Instructor since 2002, I knew the
In 2012 700 students were able to take to the
day to day running of the Trust very well. One
water . On top of that number, another 162
of my first major tasks was to retire our aging
participated from the Private Schools, which
Sport 14’s and replace them with some more
are not covered by our annual grant from
modern double handed sailing dinghies,
choosing the RS Feva and RS Vision. This of course involved me approaching prospective sponsors, which was new to me, but we fortunately managed to get all six boats sponsored in a very short period of time. Another sponsorship initiative we have had was
companies offering them the opportunity of sponsoring Pico and Oppie sails over a two year period, due to the extensive use of the sails they tend to only last for two seasons. This enables the companies to have their logos emblazoned on the sails, all of which get a lot of visibility on and around the Model
Our RYA Summer Courses in Dinghies, Windsurfing and Power-boating, which are run over the first four weeks of the summer holidays, have proved to be continuously popular, despite the economic downturn, with some 80 – 90% of spaces filled each year. In 2010 sadly we had to sell our 50ft training yacht Gemervesence due to under use and escalating mooring and maintenance costs. On a more positive note we were generously donated a lorry by Guernsey Electricity in order for us to house our Windsurf kit, which
Yacht Pond and in Havelet Bay
added more security than an open trailer. That
Also that year we felt we needed to have a
headed by Rich, to be even more user friendly
more professional and modern website which was updated and revamped by Shane and Grant at Enrapture. With the website we decided that we needed to offer online
has also enabled our windsurfing programme, and importantly kept the kit out of the elements. Once again I would like to thank Rich, Jackie,
booking for our Summer Courses.
all our Instructors and our generous sponsors
Throughout the last five years it would not
also myself during my time as Principal.
have been possible for us to continue all our activities without the assistance of Rich Klein as Chief Instructor and Jackie Reed helping me out with Administration in the Office and, of course our pool of young and enthusiastic instructors helping us out in the summer.
for their support, not only for the Trust but
Happy sailing! Adam Reed, Principal
Statistics School courses Total
Indicative student course numbers in recent years 800
700 600 500
School courses Primary
School courses Secondary
School courses Total
School courses Summer courses
100 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
NB: Data is not available for all periods.
Accounts Guernsey Sailing Trust Limited By Guarantee INCOME AND EXPENDITURE ACCOUNT For the year ended 31 December 2012 2012
OTHER INCOME DEFICIT FOR THE YEAR
ACCUMULATED DEFICIT At 1 January 2012 Retained loss for the year At 31 December 2012
The company has no recognised gains or losses other than the loss for the financial year. All the company's income and expenditure arises from continuing operations.
Guernsey Sailing Trust Limited By Guarantee BALANCE SHEET At 31 December 2012 Notes
FIXED ASSETS Building
Fixtures and fittings
Boats and equipment
CURRENT ASSETS Prepayments Cash at bank and in hand
CREDITORS : Amounts falling due within one year Sundry creditors
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
CAPITAL AND RESERVES Assets transferred from the Guernsey Sailing Trust Accumulated deficit
Fleet Review Sailing dinghies No.
HSBC Private Bank
Little Britain Regatta
Mr & Mrs Read
Itex Rotary Walk
Lloyds TSB Foundation
Windsurf kit 20
Set Sail Trust and HSBC Private Bank
Set Sail Trust and HSBC Private Bank
Safety boats 1
Mr & Mrs Johnson
Itex Rotary Walk
Vehicles Luton van for windsurf kit
www.sailingtrust.org.gg Castle Emplacement, St Peter Port, Guernsey GY1 1AU Email: email@example.com | Telephone: 01481 710877