Castle Dore Rowing Club
Balance sheet at 31st August 2020
| 2018-19 | Fixed assets | 2019-20 | |
|---|---|---|---|
| 30000 | Boats and equipment | 33600 | |
| 12000 | Additions at cost | 6151 | |
| 8400 | Less depreciation (20%) | 7950 | |
| 33600 | 31801 | ||
| Current assets | |||
| 5725 | Instant access reserve account | 6004 | |
| 5765 | Current account | 15435 | |
| 205 | Cash in hand | 0 | |
| 683 | Debtors and prepayments | 2365 | |
| 12378 | Total current assets | 23803 | |
| 0 | Less current liabilities | 0 | |
| 12378 | Net current assets | 23803 | |
| 45978 | Total assets | 55604 | |
| Represented by | |||
| 43046 | Balance brought forward | 45977 | |
| 2931 | Excess of income over expenditure | 9627 | |
| 45977 | 55604 |
Castle Dore Rowing Club
Income and expenditure for the year ended 31st August 2020
| Income | 2019-20 | 2018-19 | ||
|---|---|---|---|---|
| Subscriptions - adult | 9439 | 8589 | ||
| -junior | 2050 | 11489 | 1764 | 10353 |
| Racking fees | 917 | 1360 | ||
| Casual rowing | 344 | 457 | ||
| Learn to row courses | 90 | 175 | ||
| Hire of premises | 225 | 375 | ||
| Donations & fundraising | 2547 | 8095 | ||
| Key deposits | 80 | 45 | ||
| Fowey River Canoe Club | 1265 | 1149 | ||
| Interest | 20 | 20 | ||
| Miscellaneous | 288 | 0 | ||
| Profit on sale of fixed assets | 2360 | 0 | ||
| Covid-19 grant (non-recurring) | 10000 | 0 | ||
| 29624 | 22029 | |||
| Expenditure | ||||
| Insurance | 3452 | 3107 | ||
| Gas, water, electricity, council tax | 816 | 972 | ||
| Building maintenance and cleaning | 1403 | 1110 | ||
| Stationery, website and admin | 70 | 70 | ||
| WEARA & BR affiliation and fees | 495 | 452 | ||
| Mooring and harbour dues | 400 | 282 | ||
| Boat & trailer repairs | 4334 | 3328 | ||
| Launch fuel | 71 | 286 | ||
| Miscellaneous expenditure | 1007 | 1091 | ||
| Depreciation (20%) | 7950 | 8400 | ||
| 19997 | 19098 | |||
| Excess of income over expenditure | 9627 | 2931 |
Castle Dore Rowing Club
Analysis of expenditure (excluding capital items) during the year
| Rowing | Premises | Other | Totals | |
|---|---|---|---|---|
| Insurance | 3452 | 3452 | ||
| Gas water & electricity | ||||
| Gas | 136 | |||
| Water | 289 | |||
| Electricity | 391 | |||
| Rates | 0 | 816 | ||
| Building maintenance & cleaning | ||||
| Cleaning | 463 | |||
| Lift maintenance | 252 | |||
| Boiler maintenance | 65 | |||
| Fire alarm/extinguisher maintenance | 154 | |||
| Supplies | 277 | |||
| Roof inspection & repair | 192 | 1403 | ||
| Boat & trailer repairs | ||||
| Replacement parts & maintenance | 4093 | |||
| Repairs & maintenance to launch | 241 | |||
| Repairs to trailer | 0 | 4334 | ||
| Stationery, website & admin | 70 | 70 | ||
| WEARA & BR affiliation & fees | 495 | 495 | ||
| Mooring & harbour dues | 400 | 400 | ||
| Launch & towing fuel | 71 | 71 | ||
| Miscellaneous | ||||
| Trophies & engraving | 102 | |||
| Keys | 28 | |||
| Head of the Fowey expenses | 0 | |||
| Annual dinner expenses | 802 | |||
| Power boat training | 75 | 1007 | ||
| Depreciation | 7950 | 7950 | ||
| Totals | 5374 | 2220 | 12403 | 19997 |
Castle Dore Rowing Club
Notes to the Accounts
1. Fixed assets - additions at cost
| New oars and sculls | £4,651 |
|---|---|
| 3 pre-owned ergometers | £900 |
| Pre-owned RIB and engine | £600 |
| £6,151 |
2. Fixed assets - disposals of very old items written down to zero
| "Radley" | £800 |
|---|---|
| "Peter Wright" | £350 |
| Old oars | £500 |
| Old C2 ergometer monitors | £710 |
| £2,360 |
3. Debtors and prepayments
The club has ordered a new Wintech single scull from Oarsport Ltd. at a price of £4,560 , on which a deposit of £1500 has been paid. Delivery,
whereupon the balance of the purchase price will be due, is expected during the autumn.
4. Gifts & fundraising
| Give as you Live | £15 |
|---|---|
| Profit on Annual Dinner | £1,724 |
| Car boot sales | £5 |
| Total | £1,744 |
5. Business rates
Because of the Covid-19 pandemic, Cornwall Council has foregone business rates on the club's premises for the year 2020/21.