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'> R￿ort
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 2￿6. 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.
A￿lAtn￿nt 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 el￿￿OnS 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$lblé Pèf8OhS (RPèI, Worklhé Ih pairs. takè turhg to Mahaèè Èaeh morhihÈ'a r)OatlhÈ
session. The club has a team of 18 RPS (with 9 reSe￿e$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 a￿0 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 I￿1￿.
£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
385￿38
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 t￿ed 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 I￿￿ne)
-2,665
-lQ,973

nw¢Jwew5 End gl y•IrA￿￿￿Ntts
Notes to the Paounts
Genqrnl
k.1 Referen￿ kn the5earrountstotheQub 1$ rel￿-enCe1Qf￿ny￿s. a cdmparyllmtsd by
B￿rants￿ and a r4)fftredrhartty. to t￿TnIstE￿51stDthE 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 paYMentwas￿er
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 ts*en 05 10, 7or 5 v¢ar%
Payments fvr a4sÈtstOSlth8les5 than £5(Kl ère exppn58d a5ifTUfftRd.
2.3 L•45ehokb land ?nd bU1￿1n&$ lor USE bythE Clubare deyecl*ed e¥enlyoverthelr wected
I￿*S from t*Edate 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 A￿er 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¥wFrwrt*ls 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 A*ets 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
(Sp￿t 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' valu*lon 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
eq￿1pment
lin¢. IfDrta8el
C05t or valuation
,276
IW,551
Total ai 30Se
mbEr 2025
297 426
101 S51
I￿SE
emtx*l 2024
De re(tstiDn duri
the
olalde
at10￿ at 30 se
NrtLwJvkwl
Ne¢ bth)kvalve at 30 se
book￿lUea￿3o
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 Serv￿eS.