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2021-12-31-accounts

			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			10-23

			Restricted	Unrestricted	Total	Total
			funds	funds	funds	funds
		Note	2021 f	2021	2021f	2020f
Income from:
Donations and legacies				2,060	2,060	25,103
Charitable activities				61,254	61,254	70,052
Investments				4	4	60
Total income				63,318	63,318	95,215
Expenditure on:
Charitable activities			432	102,836	103,268	91,874
Total expenditure			432	102,836	103,268	91,874
Net movement in funds			(432)	(39,518)	(39,950)	3,341
Reconciliation offunds:
Total funds brought	forward		31,759	1,055,647	1,087,406	1,084,065
Net movement in funds			(432)	(39,518)	(39,950)	3,341
Total funds carried forward			31,327	1,016,129	1,047,456	1,087,406

				Note		2021f		2020
Fixed assets
Tangible assets				9		1,046,842		1,075,751
Investments				10				2
						1,046,842		1,075,753
Current assets
Debtors					20,197		24,110
Cash at bank and	in	hand			64,804		80,025
					85,001		104,135
Creditors: amounts		falling	due within one
year				12	(44,927)		(42,936)
Net current assets						40,074		61,199
Total assets less	current		liabilities			1,086,916		1,136,952
Creditors: amounts		falling	due after more
than one year						(39,460)		(49,546)
Total net assets						1,047,456		1,087,406
Charity funds
Restricted funds				14		31,327		31,759
Unrestricted funds				14		1,016,129		1,055,647
Total funds						1,047,456		1,087,406

	Unrestricted	Total
	funds	funds
	2021f	2021f
Donations	2,060	2,060

		Unrestricted	Total
		funds	funds
		2020	2020
Donations		103	103
Government	grants	25,000	25,000
Total 2020		25,103	25, '/03

							Unrestricted	Total
							funds	funds
							2021f	2021
Service	charges,	kitchen	income	and	facilities	hire	61,254	61,254
							Unrestricted	Total
							funds	funds
							2020	2020
Service	charges,	kitchen	income	and	facilities	hire	70,052	70,052

		Restricted	Unrestricted	Total
		funds	funds	funds
		2021	2021	2021
Boathouse operating	costs		102,836	102,836
Bursa ries		432		432
		432	102,836	103,268
		Restricted	Unrestricted	Total
		funds	funds	funds
		2020 f	2020 f	2020
Boathouse operating	costs		91,456	91,456
Bursaries		418		418
		418	91,456	91,874

				Activities
				undertaken	Support	Total
				directly	costs	funds
				2021	2021f	2021f
Boathouse	operating		costs	89,257	13,579	102,836
Bursaries				432		432
				89,689	13,579	103,268
				Activities
				undertaken	Support	Total
				directly	costs	funds
				2020	2020	2020
Boathouse	operating		costs	78,823	12,633	91,456
Bursaries				418		418
				79,241	12,633	91,874
Analysis	of	direct	costs
				Boathouse
				operating		Total
				costs	Bursaries	funds
				2021	2021f	2021f
Rent				5,518		5,518
Legal and	professional			6,060		6,060
Depreciation				28,909		28,909
Bursaries					432	432
Operating	costs			46,820		46,820
Governance		costs		1,950		1,950
Total202	1			89,257	432	89,689

Analysis	of	direct costs (continued)
			Boathouse
			operating		Total
			costs	Bursaries	funds
			2020	2020	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
Analysis	ofsupport costs
				Boathouse
				operating	Total
				costs	funds
				2021	2021
				F
Administration				688	688
Insurance				9,346	9,346
Finance costs				3,545	3,545
Total 2021				13,579	13,579
				Boathouse
				operating	Total
				costs	funds
				2020	2020
Administration				658	658
Insurance				7,816	7,816
Finance	costs			4,159	4, '/59
Total 2020				12,633	12,633

	Long-term
	leasehold	Plant and
	property	machinery	Total
			F
Cost
At 1 January 2021	1,278,235	43,073	1,321,308
At 31 December 2021	1,278,235	43,073	1,321,308
Depreciation
At 1 January 2021	210,736	34,821	245,557
Charge for the year	25,565	3,344	28,909
At 31 December 2021	236,301	38,165	274,466
Net book value
At 3'I December 2021	1,041,934	4,908	1,046,842
At 31December 2020	1,067,499	8,252	1,075,751

		Investments
		in
		subsidiary
		companies
Cost
At 1January	2021	2
Disposals		(2)
At 31 December 2021
Net book value
At 31 December 2021
Af 31December 2020

11.	Debtors
		2021	2020
	Due within one year
	Trade debtors	20,197	24,110

Creditors: Amounts	falling due within one year
		2021	2020
Bank loans		9,923	9,180
Other taxation and social security		6,615	5,588
Accruals and deferred	income	28,389	28,168
		44,927	42,936

						2021f	2020
Deferred income
Deferred income at		1 January 2021				22,868	3,142
Resources deferred		during	the year			23,637	22,868
Amounts released	from previous			periods		(22,868)	(3,'/42)
						23,637	22,868
Creditors: Amounts		falling due		after	more than one year
						2021f	2020
Bank loans						39,460	49,546
Included within the	above		are amounts		falling due as follows:
Between two and	five years
Bank loans						39,460	43,476
Over five years
Bank loans							6,070

Statemen	t of	funds - current year
						Balance at
			Balance at 1			31
			January			December
			2021	Income f.	Expenditure	2021f
Unrestricted		funds
General	Funds - all funds		1,055,647	63,318	(102,836)	1,016,129
Restricted funds
Coaching			3,980			3,980
Boats 8	Equipment		11,039			11,039
Boathouse			3,488			3,488
Bursary fund			5,252		(432)	4,820
Disability	fund		8,000			8,000
			31,759		(432)	31,327
Totalof	fund	s	1,087,406	63,318	(103,268)	1,047,456

Analysis	of net assets between funds - current	year
		Restricted	Unrestricted	Total
		funds	funds	funds
		2021	2021	2021
		f
Tangible	fixed assets		1,046,842	1,046,842
Current assets		31,327	53,674	85,001
Creditors	due within one year		(44,927)	(44,927)
Creditors	due in more than one year		(39,460)	(39,460)
Total		31,327	1,016,129	1,047,456

Analysis	of net assets between funds - prior ye	ar
		Restricted	Unrestricted	Total
		funds	funds	funds
		2020	2020	2020
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)
		31,759	1,055,647	1,087,406

non-cancell	abi	e operating leases as follows:
			2021	2020
Not later than		1 year	7,500	6,188
Later than	1	year and not later than 5years	37,500	37,500
Later than	5	years	450,000	457,500
			495,000	501,188