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2025-09-30-accounts

PETERBOROUGH CITY ROWING CLUB ACCOUNTS

FOR THE YEAR ENDED 30th SEPTEMBER 2025

Registered Charity No. 1095872

Peterborough City Rowing Club

Registered Charity No. 1095872

Principal Address: Peterborough City Rowing Club Thorpe Meadows Peterborough PE3 6LN Objects: 1. The promotion of community participation in healthy recreation for thebenefit of the inhabitants of the Greater Peterborough area (comprising the City of Peterborough and the counties of Cambridgeshire, Lincolnshire, Northamptonshire and Norfolk) by the provision of facilities for rowing and sculling. 2. The advancement of the physical education and development of young people not undergoing formal education. Bankers: Barclays Bank PLC 1 Church Street Peterborough PE1 1EZ Independent Examiner: Mrs Kerry Bedford KB Accountancy Limited 10 Maltby Drive Baston Lincolnshire Accountants and Mrs Kerry Bedford Tax Advisers: KB Accountancy Limited 10 Maltby Drive Baston Lincolnshire Holding Trustees of Property John Canton on behalf of the Charity: Steve Casey Hugo Spiegl

Peterborough City Rowing Club

Year ended 30th September 2025

The following served as Trustees during the year:

Tracey Rushton Torpe Chairman
Hayley Shipton Secretary
Hugo Spiegl Treasurer
Steve Casey
Alistair Ryder

Peterborough City Rowing Club

Annual Report and Statement of Accounts for the Year Ended 30th September 2025

Contents

2 3 4 5 7

Peterborough City Rowing Club

A registered Charity No 1095872

Independent Examiner’s Report to the Trustees

I report to the trustees on my examination of the accounts of the Peterborough City Rowing Club Trust for the year ended 30 September 2025.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention which gives me reasonable cause to believe that in any material respect the requirements have not been met in the following areas:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Kerry Hall FCCA Fellow of the Association of Chartered Certified Accountants The Poplars, 32 Main Street, Haconby, Bourne, PE10 0UU

17 November 2025

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Peterborough City Rowing Club Income and Expenditure Account for Year Ended 30th September 2025

2025
INCOME
Subscriptions
91 507
Donations & Non Captial Grants
7 204
Boat & Rack Hire
4 797
Course Income
48 847
Hire of Course equipment to PCRC Ltd
1 800
Interest Received
4 022
Captains Account
877
Social Account Income
11 112
Clothing Sales
0
Insurance Claim
0
Other Income
0
Charitable Donation from PCRC Ltd
38 927
PURCHASES
Social Account Purchases
8 268
Health & Safety Purchases
486
Clothing Purchases
0
GROSS PROFIT
EXPENDITURE
Rent
1 192
Rates
1 805
Water Charges
2 527
Electricity
16 184
Telephone
1 113
Fire & Intruder Alarm Maintenance
2 135
Boat Repairs & Maintenance
10 743
Property Repairs & Maintenance
3 862
Course Repairs
24 025
Coaching & Entry Costs
14 333
Non-recoverable VAT
3 636
Insurance
19 912
Cleaning & Waste
7 094
Print, Postage & Stationery
1 538
British Rowing Fees
2 529
Motor Expenses
2 654
Audit & Accountancy Fees
890
Licences
3 762
Card charges
379
Depreciation
Note 2
SURPLUS FOR THE YEAR		 2024
87 035
4 670
4 486
28 222
1 800
5 711
287
10 606
0
14 110
140
58 527
209 093
215 594
8 150
91
0
8 754
8 241
200 339
207 353
1 192
1 098
1 785
14 710
1 077
1 391
10 072
2 398
25 817
15 137
3 762
12 302
5 457
2 099
2 360
1 526
890
3 967
0
120 313
107 040
80 026
100 313
28 070
24 847
51 956
75 466

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Peterborough City Rowing Club Balance Sheet as at 30th September 2025

FIXED ASSETS
Note 1
CURRENT ASSETS
Stocks
Note 7
Prepayments
Note 5
Debtors
Note 6
Cash at Bank
Deposit A/C
General A/C
Bar A/C
VAT
Cash in Hand
TOTAL ASSETS
CURRENT LIABILITIES
Sundry Creditors
Note 8
Accruals & Deferred Income
Note 9
NET ASSETS
CAPTIAL FUND
Special Reserve
Note 4
Balance at 1st October 2023
Surplus for the Year
Balance at 30th September 2024		 2025
2024
679 244
451 906
1 264
1 297
3 102
4 757
69 911
129 608
225 291
338 269
47 723
43 929
19 347
26 410
2 917
2 232
485
185
370 040
546 687
1 049 284
998 593
7 308
9 792
36 614
35 395
43 922
45 187
1 005 362
953 406
7 776
7 776
945 630
870 164
51 956
75 466
997 586
945 630
1 005 362
953 406		 2025
2024
679 244
451 906
1 264
1 297
3 102
4 757
69 911
129 608
225 291
338 269
47 723
43 929
19 347
26 410
2 917
2 232
485
185
370 040
546 687
1 049 284
998 593
7 308
9 792
36 614
35 395
43 922
45 187
1 005 362
953 406
7 776
7 776
945 630
870 164
51 956
75 466
997 586
945 630
1 005 362
953 406
7 308
36 614		 546 687
998 593
945 630
51 956		 45 187
953 406
7 776
945 630
953 406

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Peterborough City Rowing Club Notes to the Accounts for Year Ended 30th September 2025

1. FIXED ASSETS

Boathouse
Function Building
Boats, Oars & Equipment
Course Equipment
Safety Equipment
Motor Vehicle
Bar Furniture & Fittings
Trophies (at valuation)		 Net Book
Additions
Disposals
Grants
Depn
Net Book
Value
for Year
Value
1.10.2024
30.9.2025
214 533
(3 400)
211 133
83 848
251 143
(40 000)
(838)
294 153
136 937
45 165
(900)
(20 541)
160 661
2 392
(239)
2 153
208
(21)
187
11 278
(2 820)
8 458
2 107
(211)
1 896
603
0
603
451 906
296 308
(900)
(40 000)
(28 070)
679 244

2. DEPRECIATION

Depreciation has been provided for at rates estimated to write off the cost of the assets over their expected useful lives.

The annual rates currently in use are:

Boathouse/Function Building 1% on cost Bar Furniture & Fittings 10% on reducing balance Course Equipment 10% on reducing balance Safety Equipment 10% on reducing balance Boats, Oars & Equipment 15% on reducing balance Motor Vehicle 25% on reducing balance

No depreciation is charged on additions during the year. No provision has been made in the accounts for depreciation on the trophies.

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Peterborough City Rowing Club Notes to the Accounts for Year Ended 30th September 2025

3. ACCOUNTS FORMAT

At a General Meeting held on 7th July 2002, the Club adopted a new constitution and decided to apply for charitable status. Charitable status was subsequently granted and the Club became a registered charity on 7th February 2003. The accounts are prepared on an accruals basis.

4. SPECIAL RESERVE

During 1994/95 a special reserve of £7776 was created as a contingency against future unforseen occurences.

5. PREPAYMENTS
General Insurance
Boat Insurance
6. DEBTORS
Debtors
Donation from PCRC Ltd
Peterborough City Rowing Club Ltd
7. STOCKS
Clothing
Presentation Plaques
Bar Stocks
8. CREDITORS
Creditors
PCRC Ltd - Regatta Catering
Sundry Creditors
Key Deposits
9. ACCRUALS & DEFERRED INCOME
Audit & Accountancy
Subscriptions for 2024/25		 3 102
0
3 102
12 457
57 454
0
69 911
0
400
864
1 264
0
6 902
296
110
7 308
930
35 684
36 614

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Peterborough City Rowing Club Cash Flow Statement for Year Ended 30th September 2025

2025 2024
SOURCE OF FUNDS
(Deficit) Surplus 51 956 75 466
Depreciation 28 070 24 847
TOTAL FUNDS GENERATED 80 026 100 313
APPLICATION OF FUNDS
Purchase of Assets (256 308) (123 867)
Sale of Assets 900 4 000
NET SOURCE/(APPLICATION) OF FUNDS (175 382) (19 554)
The net source/(application) of funds is
represented by the following
movements in current assets
Stocks (33) (167)
Debtors (59 697) 60 585
Prepayments (1 655) (2 863)
Creditors 1 265 (7 934)
VAT 685 (563)
(59 435) 49 058
MOVEMENT IN LIQUID FUNDS
Net Opening Cash/Bank Balances 408 793 477 405
Net Closing Cash/Bank Balances 292 846 408 793
(115 947) (68 612)
INCREASE/(DECREASE) IN CURRENT ASSETS (175 382) (19 554)

Course Income:

Course Hire £17,746.25 Row the Rythm £20,950.00 Learn to Row £9982.00 Entry Fees £168.75 Total £48,847.00

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