##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Restricted|Total funds|Total funds|
|---|---|---|---|---|---|---|
||||funda|funds|2023|2022|
|||||8|8|8|
|||Note|||||
|Income:|||||||
|Donagons,
grants and legacies||2||25,000|25,000|21,734|
|Income from chsritaMe activities|||||||
|Operation
ofdub facilities|- capitation fees||||54,444|44,332|
|Income from other tmding|activities||||||
|Trading subsidiary
operegons||3|113,324||113,324|94,526|
|Invessnents||4|8,502||8,502|11,139|
|Total income|||176,270|25,000|201270|171,731|
|Expenditure:|||||||
|Grants||||20,000|20,000|15,000|
|Expenditure
on charitable|acttvINea||||||
|Operagon
ofdub facilities||8|109,894|10,825|120,519|152,897|
|Total expenditum||||30,825|140,519|167,897|
|Net incomei(expenditure)||7|66,576|(5,825)|60,751|3,834|
|Reconcllladon
offunds:|||||||
|Tolal funds brought forward|||279,779|229,885|509,664|505,830|
|Total funds carried fonsrard|||346,355|224,060|570,415|509,664|
||||Notes|f|2023
f|2022
f.
f|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Tangible assets|||11||409,184|402,763|
|Investment|||12||1|1|
||||||409,185|402.764|
|Current assets|||||||
|Debts re|||13|36,007||21,780|
|Cash at bank||||154,877||110,678|
|||||190,884||132,458|
|Creditors: amounts||falling due|||||
|within ane year|||14|29,654||25,558|
|Nst current assets|||||161230|106,900|
|Net assets|||||570,415|509,664|
|Charity funds|||||||
|Unmstricted|funds||15||346,355|279,779|
|Restricted
funds|||15||224,060|229,885|
|Total charity|funds||16||570,415|509,664|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Restricted|Total funds|Total funds|
|---|---|---|---|---|---|---|
||||funds|funds|2923|2022|
||||6|E|8|E|
|Expenditure
on operaBon||ofclub facilIBss|||||
|Pmmlses expenditure|||||||
|Rates and water|||6,288||6,288|6.940|
|Buildings
and mariTime|insurance||8,674||8,674|7,989|
|Hest and light|||17,865||17,865|16,267|
|Repairs and maintenance|||26,533||26.533|70.453|
|Waste disposal
Pontoon fees|||2,380
5,492||2,380
5,492|1,083
4,804|
|Cleaning,
including wages costs 2796.50(2022-E1,198)|||2,057||2,057|2,322|
|Depreciation - premises|||6,782|8,119|14,901|13,971|
||||76,072|8,119|84,191|123,829|
|Administmtion
expenditum|||||||
|Salary costs|||7,449||7,449|6,804|
|l.ega I and professional|fees||0||0|325|
|General expenses|||4,231||4,231|2,823|
|Independent
examiner's||remuns rs5on|2,750||2,750|2,500|
|Trustees'
indemnity
Insurance|||||0|201|
|Depreciation-fixtures,|fitfings and equipment||19,192|2,706|21,898|16,615|
||||33,622|2.706|36,328|29,068|
|Total costs|||109.694|10,825|120,519|152,897|
##
##
##
##
|||||Unrestricted|Unrestricted|Unrestricted|Unrestricted||Restricted|Total funds|Total funds|Total funds|Total funds|Total funds|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||funds||||funds||2023|||2D22|
|9. Stan costs|||||8||||8|||||8|
|Wages snd salaries
Sodal securgy costs|||||7,587
545||||||7,587
545|||7,168
521|
|Degned contrlbuBon
pension costs|||||||113||||113|||111|
||||||||||||8~6|||7,80D|
|The average
number
ofemployees
involved
in management
end administration
were hm part fime
employees (2D22- same). There are also part time deaning
staff An esDmate ofequivalent
full Bme
employees
is one (2022- same). No employees
had emoluments
In excess of260,000(2022 - same).|||||||||||||||
|10.Trustees' expenses and mmunsmtlon|||||||||||||||
|The Irustees sg gave freely|their time and expergse|||without||any form ofremunsrabon,|||||other benegt|||In cash|
|or kind or expenses
during|the year|(2022-same).|||||||||||||
|11.Tangible fixed acacia|||||||||||||||
||||||||||Fmshold|Fixtures|||||
||||||||||land end||and||||
||||||||||bugdlngs|fittings
8||||Total
2|
|Cost|||||||||||||||
|At30September 2022|||||||||480,336||294,107|||774,443|
|Addklons|||||||||18,607||24,613|||43,220|
|At 30September 2023|||||||||498,943||318,720|||817,663|
|Oepreciafion|||||||||||||||
|At 30September 2022
Charge for year|||||||||184,682
14,901||186,998
21,898|||371,680
36,799|
|At30September 2D23|||||||||199583||208898|||408,479|
|Net book value|||||||||||||||
|At30September 2023|||||||||299,380||109,824|||409,184|
|Net book value|||||||||||||||
|At30September 2022|||||||||295,854||107,109||4D2,763||
|Capital proj:cts (additions)
during the year Induded||||the refurbishment|||||5upgrade ofthe Linden House||||||
|managers
Bst(f18,807),replacement
access system (213,225)8 furniture||ofkitchen
purchases|equipment
(21,100).|||(28,733),air condidoning|||||(21,555), Door||||
||||||||||||2023|||2022|
|12. Investment|||||||||||8|||8|
|Investment
in subsidiary
company at||cost|||||||||1|||1|
|The subsidiary
company,
Landon Corinthian
Smvlees Limited is registered
in
England and Wales, company
number 04306827, and is responsible
for lhe|||||||||||||||
|commercial
activiTies involved
In the opersBon ofI.inden House, Induding|||||||||||||||
|running
a bw and providing
catering. The Trust holds one ordirlsry shares of
f1 in this subsidiary,
being 100'ya ofIhe issued share cspkal cfDmt company.|||||||||||||||
|A summary
ofthe trading results isshown below.|||||||||||||||
|Turnover||||||||||403,510|||355,024||
|Leam|||||||||||||||
|Costofsales, admlnlstraBve|expenses,
grants end interest receivable|||||||||316.226|||241,914||
|Occupational
licence fees paid to the||Trust|||||||||28,800|||28,586|
|Net proBt|||||||||||58,485|||84,524|
|Opening
retained earnings|||||||||||91,085|||72,501|
|Giftaid payment to ths Trust||||||||||(84,524)|||(65,940)||
|Retained
profit In ths subsidiary|||||||||||65.046|||91,085|
##
##
##
##
##
|und recondtiadon
(co|und recondtiadon
(co|ndnued)|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|The target level forthe||general|fund|at30September 2023 in accordance||||with the|reserves
policy, ss staled||
|in ths Trustees'|rsporL|was 8)4,000||calculated ssfollows:|||||||
||||||||||2923|2022|
|Element||||Annualised|costs||Target||8|8|
|Opersfions
snd adminisbation||||257,187(2022 - 251,858)|||9months||43.000|39,000|
|||||o.s.- see note 6.|||||||
|Repairs snd maintenance||||R67,235(2022 - 258,243)|||6months||33,000|29,000|
|||||average p.a.over||five|||||
|||||yearn,|||||||
|Sinking fund|||||||||8,000|6,000|
||||||||||84.000|74,000|
|Restricted funds|||||||||||
|||||||Balance|||||
|||||||bNwdf|income
8||Expenditure||
|Building appeal|fund|||||63,881|||(2,576)|61,305|
|Sport England
Sport England|Lottery building
Lottery pontoon||fund
fund|||130,719
29,122|||(5,543)
(2,706)|125,176
26,416|
|Robin Johnson|legacy|fund||||587||||587|
|Sailing fund||||||1,347||||1,347|
|Bruce Mactachlan
rowing equipment||||fund||3,750||||3.750|
|Marion Scrlne Memorial||Fund||||||25.000|(20,000)|5,000|
|Felicity Dunn memorial||fund||||479||||479|
|||||||229,885||25,000|(30,825)|224,060|
|Previous year|||||||||||
|Building appeal|fund|||||66,457|||(2,578)|63,881|
|Spod England|Lottery building||fund|||136,262|||(5,543)|130,719|
|Sport England|Lottery pontoon||fund|||31,828|||(2,706)|29,122|
|Robin Johnson|legacy fund|||||||587||587|
|Sailing fund||||||1,347||||1,347|
|Bruce Madschlan
rowing equipment||||fund||||18,750|(15,000)|3,750|
|Felicity Dunn memorial||fund||||||2,397|(1,918)|479|
|||||||234,547||21,734|(10,825)|229,885|
##
##
|alysis ofnet assets between fu|nds|||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||General||Dsal9natsd|Reslrlded||
||||||funds||funds|funda|Total funds|
||||||8||8|8||
|Tangible fixed assets|||||||196,287|212,897|409,184|
|lnvesbnents||||||1|||1|
|Debtors|||||26,778|||9229|38,007|
|Cash at bank|||||152,943|||1934|154,877|
|Creditrxs|||||(29.654)||||(29,654)|
||||||150,068||195,287|224,060|570,415|
|Pmvlous year||||||||||
|Tangible fixed assets|||||||179,041|223,722|402,763|
|lnvestmenls||||||1|||1|
|Debtors|||||17,551|||4,229|21.780|
|Cash al bank|||||108,744|||1,934|110,878|
|Creditors|||||(25,558)||||(25,558)|
||||||100.738||179.041|229,885|509.664|
|lated party transactions||||||||||
|Ths Trust has adoss relationship|with the London Corinthia|||||Sailing Club and ths Sons afthe Thames||||
|Rowing Club. Boih clubs occupy the Trust's fmehold||||property||under licence.||||
|The Trust has asubsidiary
company
London Corinthia|||||Services Limited as detailed|||in note 12.||
|The following transactions
took place during the|||year.|||||||
|||||||||2023
5|2022f|
|London Corinthian
Sailing Club||||||||||
|Capitation fees receivable frorc|the|dub by the Trust|||||||37,260|
|Grant paid by the Trust to the club|||||||||0|
|Sons ofthe Thames Rowing Club||||||||||
|Capitadon fees mceivab Isfrom|the|dub by the Trust||||||7,756|7,072|
|Grant paid bythe charity tothe|dub|||||||20,000|15,000|
|London Corinthlan
Services Limited||||||||||
|Licence fees payable tothe Trust||||||||28,800|28,586|
|Donation
paid by the subsidiary|tothe Trust|||||||84,524|65,940|
|Net rschargss
made by the subsidiary
on behalf of||||the Trust||||26,145|38,599|
|At the year end the balances were:||||||||||
|London Corinthian Services Limited||(included|in debtors)|||||10,%0|12,441|
|London
Corinthian
Services Umited||(included|In creditors)||||||0|
##
##
##
##