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2023-12-31-accounts

Page
Report ofthe Trustees 1 to 5
Independent
Examiner's
Report
Statement ofFinancial Activities
Balance Sheet 8 to 9
Notes to the Financial Statements 10 to 15

Analysis ofcrews 2017 2018 2019 2022 2023
No. No. No. No. No.
Adult 314 281 269 228 239
Veterans 41 31 40 29 27
Junior 147 147 166 104 129
Scratch 36 36 36 36 29
538 495 511 397 424
Dongola crews included above 2017 2018 2019 2022 2023
No. No. No. No. No.
Adult 44 31 26 26 35
Veterans 11 8 10 5 5
Junior 31 36 38 21 33
Scratch 36 36 36 36 29
Family event 29 12 14 10 7
151 123 124 98 109

FOR THE YEAR ENDED 31DEC EMBER2023
31.12.23 31.12.22
Unrestricted Total
funds funds
Notes
INCOME AND ENDOWMENTS FROM
Donations
and legacies
31,352 31,064
Charitable
activities
Annual
regatta
49&421 40,476
Investment
income
211 19
Total 80,984 71,559
EXPENDITURE ON
Charitable
activities
Annual
regatta
66,694 66,351
Boat maintenance
and
repair 16,376 17,419
Total 83,070 83,770
NET INCOME/(EXPENDITURE) (2,086) (12,211)
RECONCILIATION OF FUNDS
Total funds brought
forward
147,082 159,293
TOTAL FUNDS CARRIED FORWARD 144,996 147,082

31.12.23 31.12.22
Unrestricted Total
funds funds
Notes
FIXEDASSETS
Tangible assets 73,223 81,234
CURRENT ASSETS
Debtors 105 300
Cash at bank 77,749 73,474
77&854 73,774
CREDITORS
Amounts
falling due within one year
(581) (2,426)
NET CURRENT ASSETS 77273 71,348
TOTAL ASSETSLESSCURRENT
LIABILITIES 150,496 152,582
CREDITORS
Amounts
falling due after more than one
year (5,500) (5,500)
NET ASSETS 144,996 147,082
FUNDS
Unrestricted
funds
144,996 147,082
TOTAL FUNDS 144,996 147,082

2. INVESTMENT INCOME
31.12.23 31.12.22
Deposit account interest 211 19
3. NET INCOME/(EXPENDITURE)
Net income/(expenditure)
is stated after charging/(crediting):
31.12.23 31.12.22
Depreciation - owned assets 8&011 8,011

TANGIBLE FIXEDASSETS
Boats and
equipment
COST
At 1 January 2023 and
31December 2023 160,220
DEPRECIATION
At 1 January 2023 78,986
Charge for year 8,011
At 31December 2023 86,997
NET BOOK VALUE
At 31December 2023 73223
At 31December 2022 81,234

6. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
Trade debtors 300
Other debtors 105
105 300
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
Trade creditors 5S1 1,500
Accruals and deferred income 926
5S1 2,426
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
Other creditors 4,500 4,500
Trustee loans 1,000 1,000
5,500 5,500

MOVEMEN T IN FUNDS
Net Transfers
movement between At
At 1.1.23 in funds funds 31.12.23
Unrestricted funds
Regatta fund 5,000 11,470 (11,470) 5,000
Boat fund 142,0S2 (13,556) 11,470 139,996
147,0S2 (2,0S6) 144&996
TOTAL FUNDS 147&OS2 (2,086) 144,996

Incoming Resources Movement
resources expended in funds
Unrestricted funds
Regatta fund 78&164 (66,694) 11,470
Boat fund 2&820 (16,376) (13,556)
80,984 (83,070) (2,086)
TOTAL FUNDS 80,984 (83,070) (2,086)

Net Transfers
movement between At
At 1.1.22 in funds funds 31.12.22
Unrestricted funds
Regatta fund 5,000 1,215 (1,215) 5,000
Boat fund 154,293 (13,426) 1,215 142,082
159,293 (12,211) 147,082
TOTAL FUNDS 159,293 (12,211) 147,082
Incoming Resources Movement
resources expended in funds
Unrestricted funds
Regatta fund 67,566 (66,351) 1,215
Boat fund 3,993 (17,419) (13,426)
71,559 (83,770) (12,211)
TOTAL FUNDS 71,559 (83,770) (12,211)

Net Transfers
movement between At
At 1.1.22 in funds funds 31.12.23
Unrestricted funds
Regatta fund 5,000 12,685 (12,685) 5,000
Boat fund 154,293 (26,982) 12,685 139,996
159,293 (14,297) 144,996
TOTAL FUNDS 159,293 (14,297) 144,996
Incoming Resources Movement
resources expended in funds
Unrestricted funds
Regatta fund 145,730 (133,045) 12,685
Boat fund 6,813 (33,795) (26,982)
152,543 (166,840) (14,297)
TOTAL FUNDS 152,543 (166,840) (14,297)