camrowérs company NumbÈf 712D9U7 Camrowers End of Year Accounts Camrowers Chairman's Report Répon ol the TfllStèèS 2025 Accounts Year Ended 30 Septernber 2025
ChalrmaTr'> Rort The CLub was founded 20 years ago by Sirnon and Kate Merrington. We started with secon(l-hand equipment: Viru8 single8 and a 8table quad end they worked well. Simon wa8 ourfir8t Captain and has been an honorary member for several years. (Honorary membership carries all the rights of normal membership. provide8 exemption from annual fees and has been used to appreciate particuLar and extended seNice to the Club.) Simon 8till row8 regularly. Kate wa8 our first Club secretary 8nd first company 8ecretary after incorporation. works frequently a8 an RP (Re8ponsible Person, organising rowing on a club day), rows regularly and plays in important P8rt in club administration. The Trustees at our 188t meeting enthu8iastlC8lly agreed aL80 to make her an honorary member. Over the years we have clarSfied our purpose anc5 grown our facllitSes. We offer non-competltlve rowing for older rowers. most of whom are retlred. We currently only offer sculling, no sweep oars. W6 provide a range of single and double sculls. two coxed quad8. one coxed double and one coxed slngle. We still have two Viyuses available for learners, though most early learning is now in Swift Sift8les Wtrth fltrms. Mosi ot Dur boats hawe beerk bought new. Our regular rowlng ses8lon8 are on Mond8y, Wednesday and Friday, 0930-1300, 8ll of which are supervlsed by RPS. We have recently Introduced occasional 8es8lons on Tuesday and Thursday mornlngs, to allow coaching and to allow 8xp8rlènced rowers the opportunity to row In s less conge$ted environment. Wè have welcomed 25 new lolner8 slnce Easter, 8nd a team of 12 coaches have assisted them to become safe and competent independent scullers. Three ot th8S8 Jolners dropped out after one session and 18 of the others have since completed thelr tralning Bnd rem8in with the Club. All of our coaches are quallfied by Brltlsh Rcwln8. WB welcome rowEra wlth dlsabllltles. One member who15 blind rows weekly with a sl8lt8tt CDX In the coxed single; 8 paraplegic rower was a keen member untll his disabllity worsened; a new member wlth p8ralysis of both legs and a visually impaired member have been coached and now row successfully In an adapied stable double; we have two members vlith Parkinson's disease and numerous members wlth hearing difficulty and lesser physical disabilities. DLkf boathouaè wès cofftwètèd éignt ywa ago ia Phy8leally auiacè¥it to ortre Of Cambrldgeshire Rowing Association. Together we lease our premises from the Combined ColLeges who in turn lease from Camtsrldge City Council. The City Council and Sport Engl8nd both made grants to us to assist in construction of our boathouse. The Comblned Colleges (Churchlll, King's, Selwyn and The Leys School) have been consistently supportlve 18ndlord5 8nd we maintain good rèiatirffts Wllh thèhl. Eaeh Of campowefa aftrd CRA Paya 1 [}% or tnÈ eègig OT Imprrfylièménis to tnè site. It is helpful that we have different preferred times of operation: we row in the mornings 8fter 9.30; CFIA rows a lot at weekends and a bit in the daytime: the Colleges row mainly early tnorning. and The Ley8 rows in the afternoon.
Wherever possible we do our own boat maintenance. Boathouse cleaning is done by members on a rota basis. Rowing sessions are supervised by RPS, also on a rota basis. under the overall direction of Brian Finlay, our indefatigable Captain. To date members have been able to do all our legal and accountingworkwithout requiring paid assistance. We have 8 developing relationship with the Peregrine Rowing Club, a local women's club that engages in competitive rowing. They borrow our quads ft)r non-competitive training and they provide support to us with expertise and donations. Several Peregrine members have joined Camrowers. The Trustees have agreed a new form of corporate membership for Peregrines, which will allow use of our boats by their members at times agreed by the Captain of Camrowers; the arrangement is subject to annual review. Several of our coaches have supported Rob Roy in providing training to King's CoLlege School and we have loaned boats for this purpose. All the parties concerned have found this mutuaLIy benef ici8l. Our finances are stron& we have ample cash resep4e and the Trustees propose to maintain the membershlp fee unchanged. It is a measure of this strength that when our old stable quad had clearly reached retirement age, we were able to commit to buy Cormorant new for up to £14,000 with minimum conGern. Cormorant was delivered in the new fin8ncial y88r at a final price of £10,500; it is also a stable quad and is a joy to row. and without the tendency of its predecessor to lean to port. Alison Howat is retiring at the AGM as Soci81 Secretary. She h88 done a magnificent job over 10 ye8rs and has been a key player in the development of the Club as a coherent and mutually supportive body. Zoe Broughton 5s retlring as Welfare Offlcer. a crltlcal role whlch she has filled impeccably. We are lookingfor replacement officers for both roles. I will be retiring 8s chair at the AGM and l am delighted that Tony Coad, one of the earllest members of the Club, has offered to succeed me. Roger SaliY40n 12Janu
Camrowers Wds founded a5 an unincorporated club In 26. Camrowers, 4 company Ilmited by guarantee Ino 01720907) was Incorporated 9 January 2010 and granted fharitsble ststus on 16 Aprll 2010 (regtstered no 1135567). on 6 September 2010. The prlnclpal office of the charlty is at 14 Earf StreéL Cambrldge CBI IJR Ttiis report is also the Oiredors, Report requked by the Companles Act.2006, Trustees have cornpued wlth their duty in sectlon 4 of the 2006 Act to have regard to guidance on public benefit published by the Charlty Commlsslon (P61}. Trustees durln8 the 20241202S ffnanrjal year . .. Paul Ray: co-opted 15 Nov 2015 and re-electoit 16 Jan 2018. 28 Jan 2ty20, 14 Feb 2023 8nd 17 Feb 2025 Anne Sales: appolnted 8 Dec 2016 and re•elected 28 Jan 2020 8nd 14 Feb 2023 ,. Tr18h Steen: appointed 29 Jan 2019 and revelected 2 Jan 2022 8nd 4Jan 2024 M8rgaret Ely: ¢o-opted 16 Feb 2021 and re4lected 26 Jan 2022 9nd 4 Jan 2024 Kate Belger: co-opted 18 Feb 2021 and re-elocted 26 Jan 2022 and 4 Jan 2024 Maureen O'Donnell: appolnted 26 Jan 2022 8nd rfreiectèd 17 Feb 2025 Roger Salrnon: CO•OPtfjd 7 Nov 2022 and ffrelected 14 Feb 2023 Rowland Thomas: 8ppolnted 14 Feb 2023 8vl8n F+ni8y. &ppointed 4 Jan 2024 Malcolm Brearley: appolntsd 17 February 2025 Dty to day managemeirt of the charity Is delegated to a commlttee, eletted at the AGM. AlAtnnt ol Trustees Annualty at the AGM one thlrd of Trustees retlre by rotatlon but are eliglble for re*lectlon. Trustees are normally drawn from tht membership and can be appolnted by a General MeetlD8 Qr by Trustees: in the latter case the trustee must retlre at the next AGM but Is eligible for rtrelettlon. The or8aDisatlon's objects are denned In its Memorandum and Artlcles of Assoclatlon. They are: The promotion of communlty partlclpatian iti healthy Yecreatlon for the benefft of the Inhabitants of Cambridge and elOnS b¥ the provision of facllltles for rowin
Thè tlub tows wheh uhrvètslty gtudents arè r)Ot notmally Oh thÈ ri¥Èr, from 9.3D-12.30, Ort threé mDrning5 a week. The rowing is non-competitive. There are 2 rowin8 se55ion5 on each mornlng. New members complete a course of sessions with one of the team of Brit15h Rowing accredited coaches to become safe and effective Scullers. Members can progress to more thallenging boats, if desired, through a deflned competency system which supports safe rowing. All aspects of the club are managed by volunteer members. The Camrowers boathouse, operational from May 2017. has it8 own changing and dis8bled facilities, emergency shower, kitch8nette and 4 rowing machine8 lor exercise or warming up. RttaPOn$lblé Pèf8OhS (RPèI, Worklhé Ih pairs. takè turhg to Mahaèè Èaeh morhihÈ'a r)OatlhÈ session. The club has a team of 18 RPS (with 9 reSee$l who have been trained and continueto ensure that recommended safety measures are effectively impLemented. There are currently 12 Brltlsh Rowlng-quallfled coaches. Dh 3D Septèmbèr 2D25 theré were 122 thèfnbers [2D24: 117, 2D23: 113, 2D22: 113, 2021: 117, 2D2D: 125, 2019.129, 2018.. 1311. There are also 9 honorary members. The renewed website 18 progre88ing and is attracting many new members. Our fleet et 30 September 2025 Uncoxed boots.. 3 Viru8 training boats lone is used for pool u89 only.) 3 fine 8inglg8 3 f ine trainers 2 fine doubles 3 recreational double8 8 recreational singles COxeO bOOt&.' 1 double 2 quads 1 Mondego single Thè elLID a0 nas a kayak. There are fittin85 to make 2 recreational uncoxed singles and l uncoxed double sultable for disabled use.
The stablè quad was refupbished in2024 antl 15 belng repfac2rl. tt gets good regular usage throughDut the year, The fine quad has more limited use but there is slowly increasing demand with re8ular crews. Policles and Procedures Trustee5 have ryewed and updated the C<fflirower5 Pdicles and Procedures duvln8 th15 year and frkave in place a systematic review schedule including a complaints procedure. Reserves and Cash Current ¥eserves poli£y is to I1. £IO.000 cash reserve (circa 6 months operating costs) £10,000 majorflood reserve to enable a quick recovery £10,000 to upgfade boats £30,000 building reserve (£60,000 In tot81} Cash In current and savlngs accounts at 30 September 2025 was £85,9S61£79,956 In 2024; £88,743 In 2023). We arè therefore In a robuyt ftTranclal posStlon. 8y order of the Trustees Ann Company Secretary 12 January 2026
Camrowers Company Number 7120907 Camrowers End of Year Accounts Balance Sheet as at 30 September 2025 Total Funds 1£) Total Fund51£) 2025 2024 Note Assets and Liabilttles Boathouse linc. Frontage from 2023} Other fixed assets lexc. Frontage from 2023) Bank deposits Payments in advance for next financial year Deposit prepayment for new boat Totol ossets 270,272 27,463 85,956 2,147 271,369 33,071 79,956 1,957 38538 386.353 Creditors (frontage work done, awaiting invoice) Accruals Total liobilities 2,150 2.150 Net assets 383,688 386,353 Reconciliation with SOFA Net assets at start of accounting year 386,353 397,326 Net increase in assets during the year Net assets at end of year -2,665 -10,973 383,688 386,353 For the financial year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. No member5 have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and forthe preparation of account5. These account&have been prepared In accordance with the provisions applicable to the companies subject to the small coMp•nieF regime. Roger Sal Chairma Iijpnu 71 .ry 2026
Statement of Fhmndal Actlvltles- Year Ended 30 Septenther 2025 Not4 Totol Funds l£1 Tptal Funds Z025 2024 Incomlnl Resour¢es Membershlp Fee5 Interest Grants and donatlons Sale of A55ets Purchased ted assets Total Inuxnln8 Resources 17,691 1,198 500 15, 1,255 1,000 20,389 7,488 Outgolng Resources Insurance - Coa¢hes CRA membership Affillated membership5 oat Repairs Tralnlng General malntenance Admln . Office supplies, Companies House, web Equlpment (e8 boats. fittings) Social act?vltleslrefreshments Bank Char8es Ground Rent Ele¢tri¢ity Rates Publldty (In¢, webslte) A¢cruals.' Brltlsh Rowln8 Membership Cam Conservator5 boat reglrtratlon Insurance- 8ulldln85 Insurance- Boats Depredgtlon.. Depred3tIon tsf flxed assets exc. Boathouse Depreciation of Boathouse {inc. Fronta8e from 2023) TJ*al Outyolng Re50ur¢es 130 25 10 450 956 2,003 105 25 io .347 113 14,907 295 321 154 1,808 1,145 387 276 1,808 570 172 474 1,193 2,002 1,743 1,0 675 1,202 6,608 3,247 23.054 3.256 96,755 Net In¢rease of assets ye•rlnet Ine) -2,665 -lQ,973
nw¢Jwew5 End gl y•IrANtts Notes to the Paounts Genqrnl k.1 Referen kn the5earrountstotheQub 1$ rel-enCe1Qfnys. a cdmparyllmtsd by Brants and a r4)fftredrhartty. to tTnIstE51stDthE DtrectDf5 uf th¢ Company. 1.2 Theaub ha5 no emplDyees. 1.3 Th?tsJb ha5 noterrterod IntoAny conrracts wlth rdated partles. Z. pdklÉs 2.1. Thesoaccountsare prepaied on an accrual basis iDac¢¢rda¢ wlthlheCharltie$SQRP IFRSL0211(he'SORP'I and cwpwandcharty law4n En8l&r¥J. IndwendlLureafe onlyaccrued where the annual paymwt$ •r¢ o¥erf5W,. vrfher$ an annual paYMentwaser E5LK and then falls under £500b the trustee5 pErtit tu beovEr £5 In futureyears, the acuual ba51515 maintalned. Costs of around £2,150 IncurrFd In Wst 2024 Fgr ¥mpo¥emènt to the river frontw, and notyet ramrt)wers have been included undercreditors, 2.2 B¢au. oar5 Ithe ortly m&twlalassetsDf theclub prh?rtu20171, rowin6 rnachines and othor material ?55ets are depreclated ¢yrferthelr e5tlmated usefvl lfve5J tsen 05 10, 7or 5 v¢ar% Payments fvr a4sÈtstOSlth8les5 than £5(Kl ère exppn58d a5ifTUfftRd. 2.3 L•45ehokb land ?nd bU11n&$ lor USE bythE Clubare deyecled e¥enlyoverthelr wected IS from tEdate when L45e becomes posslble. In the case of ihe Boath4)use. use wii conyilered pussbble on certmcatson of Pra£Ucal Cofnpletion, which was 14 Morch 3017. 2.4 The Aer lionta8e was improved In 2019 and the Club boo IO% DI the ¢o$t as required bv the Lease of the Boathouse., Camrowers shir•of th¢cost wiy up6t•lised and Is b?in8 Ff#m 2023'lll¥wFrwrtls repwt4d byiklin8s' itrsl8ad of'FIxtu, rtttin8sand •qulpm•nV. 3. Go¥•Yn•Kffj lthidr4l•nO ffjh•r¢•M 3,1 Total Ko¥ernante tDSts ladmlnlsiratlon and cofftpani•s H¢us• r•litrrtlonl were £57. 3.2 No Trurtpp hos rwmb¥rsed forporsort•l expendlture. 3.3 There ww¢nll l¥n41r41ilrscp#414ni 3.4 CHA has an Insuiance pollcy that co¥¢rt all its member¢lubs Ilncludln8 Camrowersl f¢r thlrd porty Ilablllty. Accordln8ly Carnr(wer5 dDP5 not have a separate li•blllty pollcy. 4. Fth¢d Aets Indudlnilliw Bv•¢howe Tht Ooèthouse Is held on a 99 year se endin8un 22 No¥embEr 2114. The Club may not dispose of the Boathtsuse before 8Juty 2026 wAthoutthe consentofThE Engllsh Sports Coun¢11 (Spt EnOandl. ¢ostof the eo8thou5e Indude5 refevant PTofE55ignal fees incurred In the bulldin8 rontratt and the relmbursemeffl of certaln casts Incurred bycfiA as our londbrd. In line with Note 2.4 abo¥e, In the tsble bÈlow 'Frontage' valulon has been included under 'LEa5ehold land 6ntl tyjlldlngs, Instead ol'FIKtures, fttuny and equlpment,. Ipis Lbfopenin¥4nd ck>slnR iaiyy1 amounts l@85 frttIn and eq1pment lin¢. IfDrta8el C05t or valuation ,276 IW,551 Total ai 30Se mbEr 2025 297 426 101 S51 ISE emtxl 2024 De re(tstiDn duri the olalde at10 at 30 se NrtLwJvkwl Ne¢ bth)kvalve at 30 se booklUea3o eaT i¢mber 2025 emDer 1924 ernlkr 20 33 27 72 27 27 5. VduTrteer5 Theatsb has no wpl%)yees: all rowlft8 aclhrflles ire rnanapj and 5upend5ed byvolunteeF5, a5 •refufté r2isin& coachin& piepaiatlon of actounts, and the 52tt1inE Df le6èl arTangernent5fDr tl* Boathouse. No Imputed co51 is made Inthe 2uotsntsfor these ServeS.