Chairman’s Report to AGM 19[th] October 2020
Annual Overview
There is little to be said about 2019/20 that Club Members don’t already know. The year started off well and the new racking was installed both inside and outside the boathouse. Winter training started well but bad weather meant that the racing squads only race before Christmas was the Rutherford Head where we had some promising results. Sadly, that was the only event that we were able to attend and atrocious winter weather cancelled a number of winter races and, finally, Covid-19 cancelled the rest of the year.
The Club was officially shut down, along with the rest of the UK on Friday 20[th] March 2020. As reported in the Membership and Treasurers reports, the Club has survived due to the fantastic support by Club members and, as we began to come out of Lockdown, the Committee recognised this support in setting membership fees for the next year in a prudent way which rewards this support and maintains our confidence that the Club will continue to be able to survive and prosper for another year. We have had to make changes to the arrangements for rowing due to continuing Covid-19 precautions and matters relating to sharing the boathouse site but, as I write this, we have started winter training for all members and it’s great to see so many members on the water and able to take up their rowing again.
Covid-19 hasn’t all been bad as we have been able to use the hiatus in rowing activity to review how we do things particularly for Junior rowers. We currently have small numbers in our junior squad but we have been able to start a Junior Academy for year 8/9 children. This will provide winter indoor rowing sessions to teach the basics of rowing and training and they will progress to water rowing at Easter before joining the Junior racing squad next September. We have started with a small number of children but, with our GB Start and RowLEEDS partners, our intention is to increase the numbers to around 30 children by the time the water sessions start so that, from next September, we start building up junior numbers by around 30 children per year. Club members should also be aware that, the GB Start athletes who are members of our club have agreed to coach our Junior squad and Academy which is a very exciting prospect for the children involved and helps to ensure the survival and development of our junior squad.
We also started a newsletter during Lockdown. Our main theme was a history of the Club, and I have received a number of very positive comments about the newsletter, so thank you for that. We have been rather overwhelmed with continually changing advice and trying to get the Club back on the water and there hasn’t been a Newsletter for many weeks but, if Members would like to see this continue, please let us know.
The Committee continue to monitor Government, Council and British Rowing advice and will continue to do everything possible to allow Club members to row and keep safe and well while at the Club. It looks as if Covid-19 will be with us for some months yet but, if everyone keeps to the rules, we can look forward positively to rowing and back to racing in 2021
LEEDS RC ACCOUNTS 2019-20
VERSION FOR AGM
03/10/2020
Income statement 1 Sep 2019 - 31 Aug 2020
| Income type | Aug 2020 | Aug 2019 | Aug 2018 |
|---|---|---|---|
| Memberships | 44,802 | 51,910 | 46,027 |
| Grants | 50,250 | 0 | 1,861 |
| Sponsorships & Donations | 1,697 | 1,953 | 2,195 |
| Easy Fundraising | 62 | 163 | 222 |
| Events | 2,100 | 8,006 | 1,265 |
| Learn to Row | 1,140 | 2,970 | 3,810 |
| Race Fees & Transport | 729 | 7,892 | 10,674 |
| Racking Rental | 530 | 156 | 650 |
| Boathouse rental | 0 | 2,767 | 4,238 |
| Bank interest | 13 | 34 | 11 |
| Other | 5,711 | 4,414 | 9,359 |
| Pass through income | 5,037 | N/A | N/A |
| TOTAL INCOME | 112,071 | 80,265 | 80,312 |
| Expenditure type | Aug 2020 | Aug 2019 | Aug 2018 |
| Regatta Fees & Transportation | 1,813 | 6,914 | 9,401 |
| Events | 1,845 | 0 | 0 |
| Boat & Equipment Purchases | 82,048 | 43,665 | 61,221 |
| Boat & Equipment Maintenance | 4,498 | 6,079 | 6,404 |
| Boat & Equipment Insurance | 228 | 11,549 | 5,381 |
| British Rowing Affiliation | 1,283 | 1,313 | 1,397 |
| Boathouse Investment | 9,308 | 792 | 0 |
| Leases & Rental | 7,600 | 9,125 | 4,500 |
| Coaching courses | 0 | 0 | 0 |
| Licences | 300 | 1,044 | 1,241 |
| Accidents & Damages | 0 | 0 | 0 |
| Fuel | 655 | 1,028 | 522 |
| Other | 1538 | 1899 | 1531 |
| Pass through expenditure | 5,037 | N/A | N/A |
| TOTAL EXPENDITURE | 116,154 | 83,407 | 91,598 |
| Surplus / (deficit) for the year | (4,082) | (3,142) | (11,286) |
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LEEDS RC ACCOUNTS 2019-20
VERSION FOR AGM
03/10/2020
Balance sheet 1 Sep 2018 - 31 Aug 2019
| Assets | Aug 2020 | Aug 2019 | Aug 2018 |
|---|---|---|---|
| Cash at bank | 21,825 | 26,526 | 27,782 |
| Debtors | 261 | 1,217 | 761 |
| Prepayments | 1,500 | 2,000 | 3,500 |
| Total assets | 23,586 | 29,743 | 32,043 |
| Liabilitites | Aug 2020 | Aug 2019 | Aug 2018 |
| Other liabilities | (805) | (1,375) | (1,194) |
| Memberships deferred + creditors | (1,731) | (3,235) | (2,574) |
| Total liabilities | (2,536) | (4,610) | (3,768) |
| NET ASSETS | 21,050 | 25,133 | 28,275 |
| Reserves | Aug 2020 | Aug 2019 | Aug 2018 |
| Brought forward reserves | 25,133 | 28,275 | 39,561 |
| Surplus/(deficit) for the year | (4,082) | (3,142) | (11,286) |
| CLUB RESERVES | 21,050 | 25,133 | 28,275 |
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