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2021-08-31-accounts

Castle Dore Rowing Club

Balance sheet at 31st August 2021

2019-20 Fixed assets 2020-21
33600 Boats and equipment 31801
6151 Additions at cost 35204
67005
0 Less written down value of items sold 720
7950 Less depreciation (20%) 13257
13977
31801 53028
Current assets
6004 Instant access reserve account 6004
15435 Current account 13195
0 Cash in hand 0
2365 Debtors and prepayments 567
23803 Total current assets 19765
0 Less current liabilities 0
23803 Net current assets 19765
55604 Total assets 72794
Represented by
45977 Balance brought forward 55604
9627 Excess of income over expenditure 17190
55604 72794

Page 1

Castle Dore Rowing Club

Income and expenditure for the year ended 31st August 2021

Income 2020-21 2019-20
Subscriptions - adult 8671 9439
-junior 2445 11116 2050 11489
Racking fees 1188 917
Casual rowing 360 344
Learn to row courses 60 90
Hire of premises 200 225
Donations & fundraising 1038 2547
Key deposits 10 80
Ergometer hire 90 0
Fowey River Canoe Club 1102 1265
Interest 1 20
Miscellaneous 0 288
Profit on sale of fixed assets 7450 2360
Covid-19 grants (non-recurring) 17431 10000
40044 29625
Expenditure
Insurance 3627 3452
Gas, water, electricity, council tax 888 816
Building maintenance and cleaning 2429 1403
Stationery, website and admin 193 70
WEARA & BR affiliation and fees 464 495
Mooring and harbour dues 295 400
Boat & trailer repairs 1338 4334
Launch fuel 187 71
Miscellaneous expenditure 176 1007
Depreciation (20%) 13257 7950
22854 19998
Excess of income over expenditure 17190 9627

Page 2

Castle Dore Rowing Club

Analysis of expenditure (excluding capital items) during the year

Rowing Premises Other Totals
Insurance 2614 1013 3627
Gas water & electricity
Gas 136
Water 348
Electricity 352
Rates 52 888
Building maintenance & cleaning
Cleaning 629
Cutting keys 12
Boiler maintenance 243
Fire alarm/extinguisher maintenance 80
Repairs to showers 427
Modifications to kitchen 1037 2429
Boat & trailer repairs
Replacement parts & maintenance 991
Repairs & maintenance to launch 0
Repairs to trailer 347 1338
Stationery, website & admin 193 193
WEARA & BR affiliation & fees 464 464
Mooring & harbour dues 295 295
Launch & towing fuel 187 187
Miscellaneous
Fundraising expenses 21
Irrecoverable race fees 5
Power boat training 150 176
Depreciation 13257 13257
Totals 18331 4330 193 22854

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Castle Dore Rowing Club

Notes to the Accounts

1. Fixed assets - additions at cost
Wintech 1x "Sue B " £ 4,560
Wintech 4+x "Panda" £ 13,800
Pre-owned 1x "Allen " £ 1,400
Pre-owned beginner 1x "Roo" £ 500
10 C2 rowing ergometers £ 8,170
2 C2 bike ergometers £ 1,960
Safety/coaching launch & engine £ 4,814
Total £ 35,204
2. Fixed assets - disposals
Sale of ergometers £ 7,470
Sale of dory £ 700
Total £ 8,170
Less written down value (to balance
sheet) £ 720
Profit (to income & expediture
account) £ 7,450
3. Gifts & fundraising
Gifts £ 388
Fundraising £ 274
Surplus from 40th anniversary £ 377
Total £ 1,038
4. Covid grants - distributed by Cornwall Council
27th November 2020 £ 1,334
26th January 2021 £ 6,001
12th March 2021 £ 2,096
12th April 2021 £ 8,000
Total £ 17,431

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