2023-08-31-accounts

CThtrity ￿gistr￿￿on thumb¢r'. 1092936 Sir William Borlase Boat Club Support Group Amwl Rewt wd Fin•r*iol Statemen fw Ihe Year F.Thded 31 2023

Sir William Borlase B4>at Club SUp￿rt Group Contents (contiDu¢d Referenc¢ Mnd Adinini%tratii'e lknails Tru5tets' ReN)rt 2103 Siaiem¢ni ofTru5tecs' R¢5WD5ibililiES IryJ¢p¢n(krti Ewninevs RtbX)n Stsi¢rn¢nl of Financial Activitics Balantt She Noie810 ihc FinaDciMI Siilernenis 8T0 12

Sir William Borl¥e Boai Clwb Support Group Referen¢¢ #Dd Adminis¢rttYe Det*ils Truiteti C Hajl AMBO J Kcir C c.larke Chiriry ReriJtr•tiM Ntymbtr 1092936 PrlD¢lpal Offlet S¢lKHJl tAn¢ Cotikham Ika M•i(knh¢ad B¢rkshi SL6 9PQ Indept￿l¢￿t fr'xarniner Si¢rling lknve Aceouniants Sierlin- lymvr AccpunlJms Fawlcy House 2 Re8all• Pl Marlow Rood Buikin8hamthire SL8 STD Page I

Sbr William Borlaje Boat Club Support Group Trustttj, Report The iru%cs prexni •nhual rtp¥)n iogcth¢r tinanci8J 8mJents of t1￿ ehaiiiy for )Ear ended 31 August 2023. bj¢cti%'¢J •hd tlii'iiiti Ob}teis ftlins Sir Illjlliam Boil&se B￿li1 Club Supwrt Group establi4hed io pro1￿1¢ pgrti¢ipthlion in ainaieur SI￿rt and I￿81111Y rccreatioD IhTotsgb proyision 0ft¥ilJl￿& etKourAwiieni a[￿ insknJ¢iion in T¢Jiiine lor Il i?upils nl. Sir th'illiatn Borlast's (yramiiiar SclKMiI. li a¢h￿￿'¢d rhariiable SI￿u$ In)ni Ihc C"hoTtii¢5 Commission on 12 Juh 2002. 'Ilit ¢liib'5 ob￿¢[1￿.￿$ b)ih 10 ¢ndbl¢ ￿l￿,$prej prtJcJpalioTh in kadinB %lale SCI￿1. recognisiD8 Ihsi eliit ￿TIornI￿￿e i% a Met￿niS￿ loi promulinE Participation. priinary aclivili is 10 yovith Ir4inin8 Ihrt eThablts oppnunities fur participaiion in rowin8 al 811 level irKludin8 at tl ellie repr¢%¢nt•live kiel for pupils ofsir Wblliam Borl¥%'s (srommor Scth(M)l. Alihough Sir William BorlJK Bopi Club Smppn (iroup was row Ihc iKncfit ol. twils. ihe boals bc Tht Inislees Lonfirm ihai Ihcj. havc complied with Ihe ytqUiT¢mcDl$ of 5¢£li¢￿ 17 of Ihc LTrariliv5 Aci 2UI 110 I￿¥¢ due TE¥ard ID wblic b¢rKfil 8uidarte ￿blIshed b> Ik Chiiy Comnii&%ion lor L￿811nd and WBICS. A¢hbn'¢menii #nd ptrforni•nt¢ l)urin8 lh¢ pcriod 10 i l 2023 Sil willi￿ BoTlase FJo81 Club Fffovid¢d tywrtimiiie5 fnT approximai¢l)' 21¥) individual% lo en8#8¢ 111 swrt on a r¢crtalH)n81 Bnd com￿lItI￿¢ bJ$i$. tlub Khicvtd $LK¢essfiil T¢suh5 in th¢ y¢8r in comF¢liiithts with 8 gEl¢ci¢d fthr inttm81￿n￿l re￿$¢￿¢#1YOn. inerea%irbg lh¢ 5W¢ paniciwion in ihe swi ￿ Ihis IDl. Rowrr$ und supporters hawr alYAb ¥tively SUFsKthI ik embk Iht club 10 mov¢ 10 an improvfd silt I'rom 2024 oniydrd. F5nn¢l41 roiit Ineoni¥ riNisisl% pIini¥iili' of VolUTht￿ frnm Ihe r•T¥nlS of yniciNin8 ro¢rs. M'iih Ihe wndwiii fiftlllv tKhind participation in¢My¢d os ¢veni$ rclumed 10 Ikir noniial schtthile. As 5u¢li donalion% increased. C'o%is PTiiiillr1l￿ consist lif coaching salaries aTrJ fees. th¢ sile hirL Briiish Roiling ￿leMberShIp fees and co$15 SXKI￿￿ed %4ith ser¥icin8 and mAiniaiNn¥ bows ar￿ ewipmtni. Wilh increased porticipaiion IkTe was an equiviilenl rise in these c051S. Thcsc co51.$ aTe primarili iTrcurwd through Sir Il'illiani Borlase School. Donaiion5 arr granlcd ￿le xhwl io co%'ei eos1S in accor(Lin<¢ ii"Lih a8ied tr￿d¥tIs. C'osts are ubjcci Io SLThLlin) b%" Ihc Sir William J)OTlw iloat Club Cpmmiltcc. There a %uTplw for the fin￿￿1&1 %rar of£i&io5. r¢5tFves "I'hv c1wri￿.5 ajm 15 lo kni'e a minimurn of2 n￿nIhS eX￿d]luTe in reN'e$ 10 enabk u$ 10 mrel an!. finwi¢i¥l conimitinenls Ihe%' f411 diK. TtU5tets oifi¢¢rs Page 2

Sir William Borlase Boat Club Suppor¢ Group Trustees, Reporl {contiDued) The tnL<ees a￿￿ oftLceTS seThitht on th¢ Commiticc dwiag •nd Sil￿ tk y¢ar end Bs follows: D Baiesun Ires18￿d 10 JanuAry 20241 N DON￿¢$ lfftr¢¢ior of Romryng, t4)aching S￿([ and oth¢T w•ches eoNf*ied by Sir Willian) Bor]￿¢ Grammar School. The Schuol is ￿5￿)n¥1b)C for ensurin8 ihai the ryQ8Tommc is m)Mged and &livercd in aecorthnce iyith ihc Tulcs aTrJ ext￿111￿01)S estsblId￿d hy Rriiish Rol￿n8. Th¢ S¢￿1 IndllaBes the roiverk thc TO￿T$, safety. Ihc equipment. memkn511ip lisw administrniion •ttd day ¢0 day nmnin8 of lh¢ rowing Club. Ji r¢kM)rts ￿tk to ￿ <-.ommintt 81 le85( annutsllv. The Sii Williaiii BorlAse Bo•r Club TO￿9 (unds 10 enable Ihe s¢knl to purthase rowing equipmcni sttd io cover pre-a8reed cost& in¢ludin8 the pfovi%ion of rowin8 COAd￿S. Should the Schwl intur ex¢ess tost$ 4lA)ve Ihost thai Ik Comrniiite h¥% commjtfrd ￿ ￿lD)bur¥e. IW are ￿ resiM)nxibiliiy of Sclwl. Th¢ onnual T¢pon was approved by the of ilK cjwity on B SeptemkT 2024 •TrJ sigffd on ils beh#lf by.. Tnjstee Page 3

Sir William Borbse Boat Club Supporl Group Statement of Tru5tees' RespoDSibiliti¢s llx I￿￿te¢S w¢ reSTxill5ible tof prwin% tnwtts. report and ￿ fintrxi81 s1gternents in ac¢oTdance Hryth the Iliiii¢d K5ngdom AecountitbE Startdatds 11.-niied Kirb¥(h)m c￿er￿li Ar¢rpled Accouiiling l>rn¢iK¢l and applicable laiy orKI TegulaliprKs. llie la￿. applir¥bl¢ lu charilies rcquiie5 thc Irnstees Iu PTekxwe finwKial 4atemenis COT eadi fthonrial 5rar iiliich give o inK and fair iiem. of Ihe of affairs of tr chaTS11 and ofik incominB re5Uiiltc$ applic41ion of r¢soiiTecs ofihe rh#rity' IOT Ihal ￿ried. In PF¢porirtB these fin•rKiJl Irusi¢¢s grc required io.. %tlcci Suitsble airounlinÈ ]M)li¢ies apply Ihem eon%iYenili": obseT%'t Ihe mdhods and principlts brb IIK ChBriT￿$ SORP.. make jud¥tmenis ond ¢51irnRles Ihttt are reason•bl¢ oTht prthi: slai¢ %￿lie¢her applic8ble gcwunlinB stsrtdrd5 have len fulloibe énd ¢nabl¢ them io e￿Ure Ih31 Ui¢ finthrKitsl MaiemcTr15 conipl>' wilh I ('hAriiie4 Ari 2n1 i. Ihe fhnrilits IArcfbllnt% nd Rreiiliitirtg ?OD%. nnd Ilw prL)vi%iI￿q Df ihe con￿llull￿n. The trusl¢¢s Ort also reswnsibk for $4f¢8uardin8 ¥sxt% of thr chariry. and IKnce ltir iak"in8 r¢asonabie si¢ps for tht ptClfMiOn deleclion o(frnvd ond oikr irrtgll1rii￿$. Th¢ iyitsiecs ar¢ resrrf)tssibl¢ lor Ik iiiainienanct a¥)d iTrtcgrilv of Ihe corrK)roic #hd fJnanLiiI inti)I'iiiaiion in¢luthd OD tho chaTLillblc ¢omparty'y websi. L¢gislatiort ¥oi'erninB thE pre￿[1110￿ dissemination of lirt¥Kial slJl¢in¢ni% ma). dsffer from le8isl4lion itt other jurisdiuy)n¥. Appr()ved bi. Ir￿let5 of Ih¢ ¢h*wiii' on 8 Sewtmber 2024 $l￿d on lis khuifhv. lark-e Page 4

Sir William Borlast Club Support Group Independent Ei8miner's Report to the Irujtees of Sir William Borlse Bof Club Support Group T rew>rt to the nusitts on my cxaminatith of tk of Sbr William Borl¥e Boai Club s￿[)￿ Group for the vear rnded 31 2023. RttsPODsibilitie4 nd tsf r¢port As Ihc chgrily tr￿￿e5 of Sir William Ilorlase Bo Club s￿pF￿rt Group you reS￿nSible for tlK ple￿rA110￿ of the accounts in •¢cordonce with tlx rcguir¢ments of the Chariiies Aci 2017 {'the A¢i'i. I report in T¢S￿¢t Dfmy ex8mintttion ofik Si¥ William BDrlaye kni Club sUp￿rt GTOUP'5 peounts c8tYi¢d out und¢1 s¢aion 145 of I￿ 201 I Aci And ￿ canying my exoMLnBI￿ll I hav¢ folloTrwd alI the oppli￿b]e DireLliun$ 81'v￿ by the Lharity CoMmiss￿n uthdcr y£dion 14515)(bl of Aa. Ihd¢p¢ndtnt txmintr'• Jl•¢ement I havc coniplttrd my ¢xaniinaiitin. J toniirm thar w mateli￿ m&itrs Iwve ¢om¢ ￿ my afteniion in Lyinnection ii'ith th¢ ¢x4niin•iion giving m¢ ¢Jus¢ to believe thai in •rby maitriol TUFtd'. a¢couniin8 r¢¢ords We￿ k¢w itt of Sii William Bor1￿ l)D•i Club Support Group •¥ r¢quittd by s¢¢lion 130 ofthe Ad: or 2. Ik a¢¢ounis &) noi it¢ord ith th tt¢tyds: or 3. the acthJnis do nfri cornply With Ihe 9￿0￿nI1￿8 requircrncnts. concctning thc lomi Jnd (¥iiiEenl of WCCOUMS sel out in Ihc Ch2rilie% IALcwnls and R¢￿)Mil Rt8ulaiion$ 2(rf)8 other lh￿ ani. requirtmcni ililll lh¢ accounis 8IV¢ • 'In￿ (air vityrf thich is w)1 o ti)nsi(kr¢d & part of an indci)endeni ¢xAminJliorL I hv¢ nts wTrc¢rns and hve wme •CTOSS no ￿￿tr matters in ¢orLn¢dion Mrylh ihe ex4rnin•iion ID MthiLh All￿tIon ould be dr¥um in ihis Ter￿￿ in orthr lo enabl¢ 4 r￿)￿r understsTrJing of lh¢ 4L¢OUnl$ lo r¢ath¢d Gianni Pieiro FCCA SieTlin8 Ornve A¢¢ouM#niS A550Cj8tion of (.'hwered Certified A¢¢wmants 8wley Hoys¢ 2 Rc%all8 Plac Mirlom. lioad BouriK Eiid Ilu¢k"inEli4mshiTC SL8 STD Dot¢.' Page 5

Sir William Borlase Bwt Club Support Croup Statement of FinaDcial A¢tivities for the Year EDded 31 August 2023 Tot1 2023 funds Not¢ Income EndoTrm£Ati from.. l)on•lion% at)d Itga¢i¢s 105.890 ID5.890 Tolal i￿Ome 105.890 105.890 (3.309 184.4761 13.3091 184.4761 Choril￿ble •clivili¢5 Toixl eX￿1￿$111[¢ {87.785 (87.785 Nei iNoiii¢ 18.105 18.105 Nei nYb%enieni in lund% 18.105 18.105 R¢eontlllilon of funds T￿1￿1 fuiid) biuu$lbl Toial fun& rJrried fonvud .58¥ 26.588 44.693 IIDrtilrirted 44.693 Total 2(b2Z Nol¢ lTrrumt Lndommrnti from: Dontsii(Jns and 1¢8aties 122.141 122.141 T(>ttsl incijme Expenditu￿ on: R4i%in8 funds 17.4921 1123.158 17.4921 TiJlJl ¢xFKndilUW¢ Nel ¢%p¢ndiliiie N¢1 nx)I'¢meni in finds Il3n.6501 IB,5091 1¥.3091 18.5091 18.5091 Ri¢oncill8ilon offundi To1￿1 fiJnd$ ￿￿ght ron￿rd 35.1197 iS.OY? 'loidl funds Carried foT 26.588 26.588 All ot'ih¢ ¢haTity'5 arliiilie.% deri￿ from t4￿1111uIng during ih¢ 4b)i'e nvo Thc fund$ treakdown (or 2022 15 noit I l. The notes on poge% 8 10 12 fomi an iniegral pjrf of fin￿Cial &tsle[n¢T￿> Pige 6

Sir William Borlase Bot Club Support Group OiegistratlOD number: 1092936) BiaDee Sbed as at 31 August 2023 2023 2022 Currtnt ￿Sell DebToi"5 Cash 41 bAnk and in IL 29,472 37.189 28,n69 66.661 45.903 Lreditori.. Amounli fillloi d¥t withb Ollt >'t4r N¢t aiJtts 10 21,9681 44.693 20,588 Fundi of Iht thrlty'. re$tri¢ted itttome f¥4da UnTeslTiCtcd funds 26.588 Total fundi 44,693 Tl finarKio] Sm￿¢￿15 on p•8¢8 6 10 12 appmtsl by the truffte$. 4nd a￿￿8ed for is$u¢ on 8 Sepiembcr 2 and si8rd on Ih¢ir be￿fbv. C Clirke Tru51ee The P8es 8 10 J2 form an iniegT81 wt tsff￿ fllwwiol aaiemcnt5. Pthge 7

Sir William Borlse Bo•t Club SupFN)ri C?roup Notes to the FiDancial Statements for the Y¢r Ended 31 Augllst 2023 I A¢¢ouDtinx poli¢i¢J Stattment of tompliAnte The tindncial 518iemenlS haw¢ tr¢en prtpared in accotdarKe with the 8¢tond edi￿1 ofthe Choritjes ol. Receii)mend¢O Pra£iice issutd in Odober 2019. IIK FinatTrCio1 RewrtiDg Siandwd aw)lic&ble in IIDit¢d king(kiin and R¢publiL of Ir¢laTMJ IFRS 1021 and iht ChJrilie$ Art 2011. Ilfysis of prtpArtio Sif Williaii) Ilor1￿ Boat (.'lth) Svprrt)rf Group meeis th¢ definiiion of a wblit ￿￿tri1 ettiity uD(kT FRS 102. 111r￿cial g￿tem¢￿¢S) hi'e been prcpred ihe historic¥1 toniciiiiots ii'sth ilcms Tecognised 81 cosl Dr it￿5￿)0n Vts1￿ unless 01￿.n￿1y¢ sia¢ed in Ik r¢kvoni rK>ld$l to I￿se Mccaunl$. GolD# conctrn Th¢ InL)itts wn$ider I1￿1 Ikr¢ •Tt no materil ut)cen•iniies ¥b)ul Ihe t1￿111￿8 ability its coniinu¢ as * Boin8 eoneern. Intomt •Ad cndowmtnrs Voluniary. iDlODlC IncluJing ¢knii1o￿, Eillk kgies and grnnis Ill￿ provuk tore funding ¢)1 arc al. p EeneTal lure is ￿¢()￿nISed iitrn ihe ch•ril%. has ¢nlIilem¢￿ 10 iht i￿. ￿ bs pmbobl¢ th81 Ihe itt¢ome will be recei￿.¢¢J •nd Iht uniouni ¢n b¢ me&4ur¢d ￿7th sufficieni reli•biliiI'. Dtm¢iiiDns l¢%•¢ieJ Donulioii% und leg¥¢i¢$ ￿ rt¢Vgni￿ on 4 Teceivtybk bssis ¥t¢n ￿¢t1p1 ig pro￿￿1¥ atbj th¢ Imouni can be reliDbly measured. ￿￿Nd{tUr All tI￿ndituT¢ 1$ recogni%cd orK¢ I￿re is ¥ le8al i)r obligaliun io ihl ¢xpendiiur¢. ii is wobabl¢ %enlcnicnl 18 r¢4UiTed and Ilic am0￿1 ¢h ￿ ￿t￿￿d reliabl>. 1411 ar¢ 2lloced 10 upplicsble txpcndilure h¢adinB Ihai aE¥re¥aic similar coJ5 10 th￿ taie¥ory'. 'here co%i canmi be diredl>' gllrihiiled i particulur k3din84 I￿￿. hi¥¢ b¢cn allocoi¢d on ¥ ion>i%lerbi wih the ￿ of restriir¢e5. Iwith cenirgl rfalT ¢0%1$ 4llocaied on t1￿ bd%1% tsl. iiml %penl. and depve£ithiinn chJrgcs glkxaiEd on Ihe tthiort of Ihr ￿￿eT-£ [￿￿. Oiher suppiKi co8is ar¢ ￿l[￿￿ed b05cd on ih¢ $p￿4￿ ofsthtTcusts. T11<5e arc costs incurred irb alts8¢iir@ volun14Th' ir￿Me. Ihe manbbymeffl of iDverDcnts thnd In£urred in lrndin8 acii%iiies that fund5. Ch4ri14bl¢ ￿clI￿lI Ch8rildbk eXpe￿di11￿c comprises Ihthse Intwi¢d ￿. ihe charill in the d¢liver)' ofits OCtii'ytie5 #nd seryi¢es lor 11.% b¢nefiLi¥sie>. Tt includ¢s INTrih costs ihal cm ￿ allwled dirgrtl!. t• sKh xlii'iii¢% ¥nd Ihvs¢ Co￿.% of an indirecl natu￿ necessary to suppon Il*m. These incliide th¢ co%t5 attribthablt io lh¢ ¢hatiTh' 5 compliance iiiih con5tiliilional #rtd slai1￿￿. requirements. incl￿j1ng #uJii..trdte8ic mariaBtni¢nl and tDJSiC¢s ￿tain8$ and reINibL￿d ¢xpe￿. P8F8

SIT William Borlase Bo1 Cjub Support Group Notes to the Financial Statem¢Dts Cor Ibe Yer Ended 31 August 2023 (continued} Trde d¢bto Trnde thbtOTS are aMo￿ts ¢Jy (TOM m¢mtus for servitts ￿￿Orn￿d ID ordintyry course of busines Cash aTrd ¢wh tqusv•Tcnt5 Cash and cash equivalcnts ¢ompriye cash. Fund siruciurt Unre%Iri￿¢d inci>m¢ fiTrJ$ 8enernl futh are 8vtl•bk foT we ￿ the tru•ees discreiioti in furthtTanc¢ or IIK obje¢lives of ihe chwity. 2 Intojnt from dDn4liomJ •ftd ]e#•¢i¢s Iltsrtstri¢i¢d To¢1 2O2J GcMer¥l 21J22 tK)nions Eloat hir¢ Fund raisir)8 Parenial &)naiions Gill Aid reclainiabk Insurance claim pro¢e¢ds th)n•l¢d by s¢hool 2,336 9.411 76.745 17.398 2.336 9.411 76.745 17.398 79.03Q 17.856 .942 Pw9

Slr William Borlaise Bolt Club Support Gr0￿P Notes to the FiDancial SiatemeDts for the Year Ended 31 August 2023 l¢ontlnu¥dl 3 Expenditur¢ on thAritAblt ¢tTYithts Toial CJ¢ThffBI 2013 2022 Vehiclc Boai purcha Travel costs C'0(IL￿5 fe&q Fuel Renl InbuT¥nL¢ yiiipiiicni r¢p#irs Sbnd m•intthic¢ Roilin6 kil 2.321 15.351 2,321 .837 50.969 31.562 l.U88 15.125 264 6,734 127 3.73i 629 5.139 62 1.320 31.562 1.088 IS.l25 204 6.734 127 3.7.1.1 629 5.139 62 1.320 37.831 1.27 14.3(10 l.429 3,669 897 2.8Sv 673 5.253 49 (n¢Fal eX￿1)Se$ Briiish roiwn8 $ IIMnK' charg¢$ (Mi'¢rrtonce ¢05tS 84,476 84.476 121 158 4 Anl)Yii of ioYtTll•DCt And luyport toits (FOI'¢rThinrt rosls I'prtilrirltd fuods Tolal fund In(krKndeni cxamiD¢T ftts '.iJMit)Jl￿fft of the tinaNial ststemcnLs .320 Tot41 for 2023 1.320 1.320 Total lor 2022 1.320 l.i20 Trtsitets rtmintTiliwb eApensu No liv￿re5. thir anv pe￿]L* conrtttrd Milh ikm. hair received r¢Mu￿￿tI￿n ffolii th¢ charin. during Ihe V¢JT. ND tru5tces hBve re¢eii'ed gny ￿l￿bU￿d ex￿[￿1¢5 01 ￿h¢r &￿rrtS fmm fv charity during tht year Pa8e 10

Sir William Borlase BOA( Club S￿pport Group oles to the Fin4DCiAI Statements for the Year Ended 31 August 2023 {eoDtinued) 6 Ihdtpekndenl examiner's ￿l￿11￿¢rI1o• 2023 2022 Examination of fInw￿l11 slaiem¢rts 1.320 7 Txtlon Th¢ cl)ariiy is • registered eharity is IhertfoT¢ exempt from thution. 8 Dtbtor8 20LI 2022 Other d¢btoi$- gift aid (hher det4Drs 17.258 17.834 29.472 2023 2022 Cllsh al bnk 37.189 28.069 10 C.rrdilors'. ImNn¢s falling due wilhith one ymr 201J 2021 (hhcr creditor5 Accrui1% 4,753 17,215 7.739 21.908 19,315 Pig¢ll

Sir Willham Borlase Boat Club Support Group Notes to ibe FinaDcial Statements for the Year Ended 31 August 2023 (wntinued) 11 Fuds sepitthbtr RtiourctS ¢%ptnded Bl¥nre at JI A￿&￿61 2023 21122 res(•ur¢ti Ilhrnstricltd 105.8 {17.785 44.693 tienerol 26.588 B¥lott ai I Stplembtr 2021 rS￿l1r[tA expendtd Auiwl 2022 nr¢itrirled (Jerrtil 35.IK)7 122.141 1130.650 26.588 12 Anal)'¥iJ of n¢t bth¥¢¢D fundi IIDrtstrl¢ttd fundA Gtntr•l Toll [￿ndS at 3) Augu1¢ 2023 C'urreiii assets Lurrem li4biliiies lJ6.6hl 121,968 06.661 121.9611 44.693 'riTrlts1 n¢t &wly 44.693 Ilnwt$lricltd fund$ Cptntrl I'oi•l •t 2022 Curi¢ni os5¢ts Current liabiliiic5 45.￿3 45,903 19.3151 26.588 26.5%8 'roial &8Stl$ lj Rtlifed prtY Iron￿(l10n3 Prfe 12