**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.