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||||Page|
|---|---|---|---|
|Reference and Administrative
Details ofthe Company,||its Trustees and Advisers||
|Trustees'
Report|||2-5|
|Independent
Examiner's|Report|||
|Statement of Financial|Activities|||
|Balance Sheet|||8-9|
|Notes to the Financial Statements|||10-22|
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||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
|||Note|2020
f|2020
F|2020f|2019|
|Income from:|||||||
|Donations
and legacies||||25,103|25,103|407|
|Charitable
activities||||70,052|70,052|67,086|
|Investments||||60|60||
|Total income||||95,215|95,215|67,493|
|Expenditure
on:|||||||
|Charitable
activities|||418|91,456|91,874|85,133|
|Total expenditure|||418|91,456|91,874|85,133|
|Net movement
in funds|||(418)|3,759|3,341|(17,640)|
|Reconciliation
offunds:|||||||
|Total funds brought|forward||32,177|1,051,888|1,084,065|1,101,705|
|Net movement
in funds|||(418)|3,759|3,341|(17,640)|
|Total funds carried forward|||31,759|1,055,647|1,087,406|1,084,065|
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||||||2020||2019|
|---|---|---|---|---|---|---|---|
||||Note||F|||
|Fixed assets||||||||
|Tangible assets|||Q||1,075,751||1,105,618|
|Investments|||10||2||2|
||||||1,075,753||1,105,620|
|Current assets||||||||
|Debtors||||24,110||8,305||
|Cash at bank and in hand||||80,025||42,900||
|||||104,135||51,205||
|Creditors: amounts|falling|due within one||||||
|year|||12|(42,936)||(13,994)||
|Net current assets|||||61,199||37,211|
|Total assets less current||liabilities|||1,136,952||1,142,831|
|Creditors: amounts|falling|due after more||||||
|than one year|||||(49,546)||(58,766)|
|Total net assets|||||1,087,406||1,084,065|
|Charity funds||||||||
|Restricted funds|||14||31,759||32,177|
|Unrestricted
funds|||14||1,055,647||1,051,888|
|Total funds|||||1,087,406||1,084,065|
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||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2020f|2020
F|
|Donations|103|103|
|SNC - Covid-19 grant funding|25,000|25,000|
|Total 2020|25,103|25,103|
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||Unrestricted|Totai|
|---|---|---|
||funds|funds|
||2019|2019|
|Donations|407|407|
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||||||||Unrestricted|Total|
|---|---|---|---|---|---|---|---|---|
||||||||funds|funds|
||||||||2020|2020|
|Service|charges,|kitchen|income|and|facilities|hire|70,052|70,052|
||||||||Unrestricted|Totai|
||||||||funds|funds|
||||||||2019|2019|
|Service|charges,|kitchen|income|and|facilities|hire|67,086|67,086|
|Unrestricted|Totai|
|---|---|
|funds|funds|
|2019|2019|
|67,086|67,086|
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||||Restricted|Unrestricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2020|2020|2020|
|Boathouse|operating|costs||91,456|91,456|
|Bursaries|||418||418|
||||418|91,456|91,874|
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|Summary|by fund t|ype (continued)||||
|---|---|---|---|---|---|
||||Restricted|Unrestricted|Totai|
||||funds|funds|funds|
||||2019|2019|2019|
|Boathouse|operating|costs||84,683|84,683|
|Bursaries|||450||450|
||||450|84,683|85,133|
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||||Activities|||
|---|---|---|---|---|---|
||||undertaken|Support|Total|
||||directly|costs|funds|
||||2020
F|2020f|2020|
|Boathouse|operating|costs|78,823|12,633|91,456|
|Bursaries|||418||418|
||||79,241|12,633|91,874|
||||Activities|||
||||undertaken|Support|Total|
||||directly|costs|funds|
||||2019|2019|2019|
|Boathouse|operating|costs|72,488|12,195|84,683|
|Bursaries|||450||450|
||||72,938|12,195|85,133|
##
||||Boathouse|||
|---|---|---|---|---|---|
||||operating||Total|
||||costs|Bursaries|funds|
||||2020
F|2020f|2020|
|Rent|||6,967||6,967|
|Legal and|professional||3,543||3,543|
|Depreciation|||29,867||29,867|
|Bursaries||||418|418|
|Operating|costs||36,546||36,546|
|Governance||costs|1,900||1,900|
|Total 2020|||78,823|418|79,241|
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|Analysis
Analysis|of
of|expenditure
by activities (contin
direct costs (continued)|ued)|||
|---|---|---|---|---|---|
||||Boathouse|||
||||operating||Total|
||||costs|Bursaries|funds|
||||2019|2019|2019|
|Rent|||7,134||7,134|
|Depreciation|||29,872||29,872|
|Bursaries||||450|450|
|Operating|costs||33,632||33,632|
|Governance||costs|1,850||1,850|
|Total 2019|||72,488|450|72,938|
|Analysis|of|support costs||||
|||||Boathouse||
|||||operating|Total|
|||||costs|funds|
|||||2020f|2020|
|Administration||||658|658|
|Insurance||||7,816|7,816|
|Finance|costs|||4,159|4,159|
|Total 2020||||12,633|12,633|
|||||Boathouse||
|||||operating|Total|
|||||costs|funds|
|||||2019|2019|
|Administration||||382|382|
|Insurance||||7,145|7,145|
|Finance|costs|||4,668|4,668|
|Total 2019||||12,195|12,195|
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||Long-term|||
|---|---|---|---|
||leasehold|Plant and||
||property
F|machinery
f|Total|
|Cost or valuation||||
|At 1 January 2020|1,278,235|43,073|1,321,308|
|At 31 December 2020|1,278,235|43,073|1,321,308|
|Depreciation||||
|At 1 January 2020|185,173|30,517|215,690|
|Charge for the year|25,563|4,304|29,867|
|At 31 December 2020|210,736|34,821|245,557|
|Net book value||||
|At 31 December 2020|1,067,499|8,252|1,075,751|
|At 31December 2019|1,093,062|12,556|1,105,618|
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|10.|Fixed asset investments|||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Investments|||
||||||||||in|
|||||||||subsidiary||
|||||||||companies||
||Cost or valuation|||||||||
||At 1 January 2020|||||||||
||At 31 December 2020|||||||||
||Net book value|||||||||
||At 31 December 2020|||||||||
||At 31December 2019|||||||||
||Principal subsidiaries|||||||||
||The following was a subsidiary||undertaking||ofthe company:|||||
||Name|||||||Holding||
||Whitlingham
Boathouses|Limited||||||100%||
||The aggregate
of the share capital|||and reserves as||at 31 December 2020|for the subsidiary|for the|year|
||were as follows:|||||||||
||Name|||||||Net assets||
||||||||||F|
||Whitlingham
Boathouses|Limited||||||||
||The subsidiary
company|is dormant||and made neither||profit or loss.||||
|11.|Debtors|||||||||
||||||||2020f|2019||
||Due within one year|||||||||
||Prepayments
and accrued income||||||24,110|8,305||
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|||2020f|2019|
|---|---|---|---|
|Bank loans||9,180|8,629|
|Other taxation and social security||5,588|373|
|Accruals and deferred|income|28,168|4,992|
|||42,936|13,994|
|year. Inte|rest totalli|n|g F4,1|59(2|019:E4,668)was charged to t|he charitable
company
during
the|year.|
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|Deferred|income|||||||
|Deferred|income at||1 January 2020|||3,142|12,533|
|Resources deferred|||during|the year||10,769|3,142|
|Amounts|released|from previous|||periods|(3,142)|(12,533)|
|||||||10,769|3,142|
##
|||2020f|2019|
|---|---|---|---|
|Bank loans||49,546|58,766|
|Included
within the above are amounts|falling due as follows:|||
|Between two and five years||||
|Bank loans||43,476|40,747|
|Over five years||||
|Bank loans||6,070|18,019|
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|Statemen|t of|funds - current year||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||||Balance at 1||||31|
||||January||||December|
||||2020f|Income
F|Expenditure|f|2020
F|
|Unrestricted||funds||||||
|General|Funds - all funds||1,051,888|95,215|(91,456)||1,055,647|
|Restricted funds||||||||
|Coaching|||3,980||||3,980|
|Boats 8|Equipment||11,039||||11,039|
|Boathouse|||3,488||||3,488|
|Bursary fund|||5,670||(418)||5,252|
|Disability|fund||8,000||||8,000|
||||32,177||(418)||31,759|
|Total of|funds||1,084,065|95,215|(91,874)||1,087,406|
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|Statemen|t of|funds - prior year|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
||||Balance at|||31|
||||1January|||December|
||||2019|Income|Expenditure|2019|
|Unrestricted||funds|||||
|General|Funds - all funds||1,069,078|67,493|(84,683)|1,051,888|
|Restricted funds|||||||
|Coaching|||3,980|||3,980|
|Boats 8|Equipment||11,039|||11,039|
|Boathouse|||3,488|||3,488|
|Bursary fund|||6,120||(450)|5,670|
|Disability|fund||8,000|||8,000|
||||32,627||(450)|32,177|
|Total of|funds||1,101,705|67,493|(85,133)|1,084,065|
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|Analysis of n|et assets between funds
-current|period|||
|---|---|---|---|---|
|||Restricted|Unrestricted|Total|
|||funds|funds|funds|
|||2020|2020|2020|
|||F|f||
|Tangible fixed|assets||1,075,751|1,075,751|
|Fixed asset investments|||2|2|
|Current assets||31,759|72,376|104,135|
|Creditors due|within one year||(42,936)|(42,936)|
|Creditors due|in more than one year||(49,546)|(49,546)|
|Total||31,759|1,055,647|1,087,406|
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|Analysis ofn|et assets between funds
- prior pe|riod|||
|---|---|---|---|---|
|||Restricted|Unrestricted|Total|
|||funds|funds|funds|
|||2019|2019|2019|
|Tangible fixed|assets||1,105,618|1,105,618|
|Fixed asset investments|||2|2|
|Current assets||32,177|19,028|51,205|
|Creditors due|within one year||(13,994)|(13,994)|
|Creditors due|in more than one year||(58,766)|(58,766)|
|Tl||32,177|1,051,888|1,084,065|
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