||Notes|2021|||2020|
|---|---|---|---|---|---|
|||£|£|£|<br>£|
|INCOME||||||
|Insurance|||416||0|
|ParentalDonation|||13,940||15,530|
|ProfitfromFundRaising|||0||658|
|Giftaid|||3,044||0|
|Grant|||5,000||0|
|OtherDonations|||296||0|
|SundryIncome|||373||167|
|ProfitonSaleofBoats|||19,308||2,220|
||||42,377||18,575|
|Less:-EXPENSES||||||
|OtherBoatEquipment||3,979||871||
|RunningCost||29,824||33,584||
|TrainingCampandRaceExpenses||0||518||
|Accountancy||300||300||
|Sundry||622|||58|
||||34,725||35,331|
||||--|||
||||7,652||{16,756)|
|Depreciation:-BoatsandEquipment|||21,586||28,132|
||||(13,934)||(44,888)|
|InterestReceived(net)|||0||0|
|NET(DEFICIT)FORTHEYEAR|||(13,934)||(44,888)|





## 

## 

|||Boats|
|---|---|---|
|1.|TANGIBLEFIXEDASSETS|andEquipment|
|||£|
||Cost||
||At1January2021|140,440|
||Soldinthe year|(32,511)|
||At31December2021|107,929|
|||=|
||Depreciation||
||At1January2021|56,220|
||Providedintheyear|21,586|
||OnSale|(13,004)|
||At31December2021|64,802|
||NetBookValue||
||At31December2021|43,127|
||At31December2020|84,220|



|2.|CREDITORS|2020|2020|
|---|---|---|---|
|||£|£|
||Accountancy|300|600|
||LYRFees|0|20,480|
||BoatRackingFees|0|10,000|
|||-|<br>---|
|||300|31,080|























||Notes|2021|||2020|
|---|---|---|---|---|---|
|||£|£|£|<br>£|
|INCOME||||||
|Insurance|||416||0|
|ParentalDonation|||13,940||15,530|
|ProfitfromFundRaising|||0||658|
|Giftaid|||3,044||0|
|Grant|||5,000||0|
|OtherDonations|||296||0|
|SundryIncome|||373||167|
|ProfitonSaleofBoats|||19,308||2,220|
||||42,377||18,575|
|Less:-EXPENSES||||||
|OtherBoatEquipment||3,979||871||
|RunningCost||29,824||33,584||
|TrainingCampandRaceExpenses||0||518||
|Accountancy||300||300||
|Sundry||622|||58|
||||34,725||35,331|
||||--|||
||||7,652||{16,756)|
|Depreciation:-BoatsandEquipment|||21,586||28,132|
||||(13,934)||(44,888)|
|InterestReceived(net)|||0||0|
|NET(DEFICIT)FORTHEYEAR|||(13,934)||(44,888)|





## 

## 

|||Boats|
|---|---|---|
|1.|TANGIBLEFIXEDASSETS|andEquipment|
|||£|
||Cost||
||At1January2021|140,440|
||Soldinthe year|(32,511)|
||At31December2021|107,929|
|||=|
||Depreciation||
||At1January2021|56,220|
||Providedintheyear|21,586|
||OnSale|(13,004)|
||At31December2021|64,802|
||NetBookValue||
||At31December2021|43,127|
||At31December2020|84,220|



|2.|CREDITORS|2020|2020|
|---|---|---|---|
|||£|£|
||Accountancy|300|600|
||LYRFees|0|20,480|
||BoatRackingFees|0|10,000|
|||-|<br>---|
|||300|31,080|





## 







||||2021|2020|
|---|---|---|---|---|
||Notes||£|£|
|Tangible Fixed Assets|1||43,127|84,220|
|CurrentAssets|||||
|Cash at Bank||10,260||13,881|
|Less: - Currentliabilities|||||
|Creditors|2|300||31,080|
||||9,960|(17,199)|
|NETASSETS|||53,087|67,021|
|||||=|
|Represented by|||||
|Retained earnings<br>Reserve|3||(5,913)<br>109,000|(41,979)<br>109,000|
||||53,087|67,021|







||Notes||2021||2020|
|---|---|---|---|---|---|
|||£|£|£|£|
|**INCOME**||||||
|Insurance|||416||0|
|Parental Donation|||13,940||15,530|
|Profit from Fund Raising|||0||658|
|Gift aid|||3,044||0|
|Grant|||5,000||0|
|Other Donations|||296||0|
|Sundry Income|||373||167|
|Profit on Sale of Boats|||19,308||2,220|
||||42,377||18,57S|
|Less: - EXPENSES||||||
|Other Boat Equipment||3,979||871||
|Running Cost||29,824||33,584||
|Training Camp and Race Expenses|||0|518||
|Accountancy|||300|300||
|Sundry||622||58||
||||34,725||35,331|
||||7,652||(16,756)|
|Depreciation: - Boats and Equipment|||21,586||28,132|
||||(13,934)||(44,888)|
|Interest Received (net)|||0||0|
|NET(DEFICIT) FOR THE YEAR|||(13,934)||(44,888)|





## 

|||Boats|
|---|---|---|
|1.|TANGIBLE FIXED ASSETS|and Equipment|
|||£|
||Cost||
||At 1 January 2021|140,440|
||Sold intheyear|(32,511)|
||At 31 December 2021|107,929|
||Depreciation||
||At 1 January 2021|56,220|
||Provided inthe year|21,586|
||On Sale|(13,004)|
||At31 December 2021|64,802|
||Net Book Value||
||At 31 December 2021|43,127|
||At 31 December 2020|=<br>84,220|



|2.|CREDITORS|2020|2020|
|---|---|---|---|
|||£|£|
||Accountancy|300|600|
||LYR Fees|0|20,480|
||Boat Racking Fees|0|10,000|
|||-|---|
|||300|31,080|
||||=|
|3.|RESERVE|||