## **Trustees’ Annual Report for the period** ## **From 1 January 2023 to 31 December 2023 Charity name: Exmouth Rowing Club Charity registration number: 1154367** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The objectives of the Club are to promote
community participation in healthy recreation by
the provision of facilities for rowing on an
amateur basis.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|Formed in November 1993, Exmouth Rowing
Club is an inclusive, community coastal rowing
club.
We aim to bring the traditions and skills of
estuary and sea rowing to the town.| |Statement confirming whether
the trustees have had regard
to the guidance issued by the
Charity Commission on public
benefit|Para 1.18|The Trustees considers that the club satisfies the
Charity Commission’s guidance on public
benefit.| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|Not applicable| |Policy on social investment
including program related
investment|Para 1.38|Not applicable| |Contribution made by
volunteers|Para 1.38|The club is enthusiastically supported by a
number of volunteers mainly in the form of
maintenance of boats, equipment and clubhouse
plus assisting during home regattas.| page � of 41 ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a whole.|Para 1.20|The club continues to offer a healthy means of
outdoor recreation to the community of Exmouth
and surrounding East Devon.| ## **Financial Review** |Review of the charity’s
financial position at the end of
the period|Para 1.21|The club Treasurer compiles the Annual
Accounts and associated report and tables at
the Annual General Meeting.
The accounts are examined by an independent
examiner.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Reserves held and annually increased in
savings account for the eventual long term
replacement of boats| |Amount of reserves held|Para 1.22|~£45,000 (Redwood Bank savings account)| |Reasons for holding zero
reserves|Para 1.22|Not applicable| |Details of fund materially in
deficit|Para 1.24|No applicable| |Explanation of any
uncertainties about the charity
continuing as a going concern|Para 1.23|No concerns| ## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal sources
of funds (including any
fundraising)|Para 1.47|Annual membership fees
Sponsorship of boats
Grants| |---|---|---| |Investment policy and
objectives including any social
investment policy adopted|Para 1.46|No investments other than general savings
account for boat and equipment replacement.| |A description of the principal
risks facing the charity|Para 1.46|No significant potential financial risks.| ## **Structure, Governance and Management** |Description of charity’s trusts:||None| |---|---|---| |Type of governing document|Para 1.25|Constitution (revised February 2022)| |How is the charity
constituted?|Para 1.25|Unincorporated association| page � of 42 |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled to
appoint one or more trustees|Para 1.25|The club has a minimum three trustees
(currently four). In the event of the number of
trustees reducing to three the Management
Committee will consider candidates for
appointing an additional Trustee and present
these four a member vote at the next AGM| |---|---|---| ## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s organisational
structure and any wider
network with which the charity
works|Para 1.51|Management Committee comprising Chairman,
Deputy Chairman, Treasurer, Club Captain and
Secretary.
Welfare Officer and Safety Advisor as required
by our governing body British Rowing.| |---|---|---| |Relationship with any related
parties|Para 1.51|Affiliated with parent body British Rowing.| ## **Reference and Administrative details** |Charity name|Exmouth Rowing Club| |---|---| |Other name the charity uses|NA| |Registered charity number|1154367| |Charity’s principal address|Queens Drive, Exmouth EX8 2AY| ## **Names of the charity trustees who manage the charity** |1
2
3
4|**Trustee name**|**Office (if any)**|**Dates acted if not**
**for whole year**|**Name of person (or body) entitled to**
**appoint trustee (if any)**| |---|---|---|---|---| ||D McDermott|Treasurer|Whole of 2023|Management Committee| ||M Drew|Boat Captain|Whole of 2023|Management Committee| ||G Hurley|Life Member|Whole of 2023|Management Committee| ||L Norcliffe|None|Whole of 2023|Management Committee| ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Not applicable Name and objects of the charity on whose behalf the assets are held Not applicable and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such Not applicable assets from the charity’s own assets ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details **NA** ## **Other optional information** **NA** page � of 43 **Declarations** **The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature(s) Full name(s)** D.M.McDermott **Position** Trustee **Date** 21 October 2024 page � of 44 Exmouth Rowing Club 2023 Accounts 1 January- 31 December 2023 1Jan22- 31 Dec 22 1Jan23- 31 Dec 23 RECEIPTS Subscri tions Event roceeds Christmas Pa Insurance claims Boat S onsorshi Sale of e ui ment Rent Ordnance Surve Grants Donations Savin s account interest 18,429.36 3,568.65 1,205.00 0.00 19,622.64 8,489.76 1.231.00 250.00 3,538.00 0.00 600.00 3,250.00 2,549.69 roceeds 20.00 750.00 0.00 420.25 496.87 29 134.13 ,l$m usa SUB TOTAL 40 765.69 PAYMENTS Insurance Buildin s+E rnent+Liabili ClubhouselLand Rent Water Electrici Broadband Statione & Posta Website ment urchases ui ment re airs and seNicin Buildin maintenance Boathouse consumables Rescue boat Su ort Boat Fuel Christmas Pa costs Event ex enses British Rowin annual affiliation fee WEARA annual subscri tion Subscri tion refunds Donations Trainin EntertainmentlPrizes 4 601.16 2,150.00 341.50 389.00 306.35 142.35 0.00 4 155.53 5,111.23 817.97 149.60 0.00 175.82 603.03 708.77 648.90 80.00 35.33 449.00 60.00 87.98 21013.52 4,827.27 2.150.00 433.00 769.97 263.74 120.65 49.39 6,620.75 7,407.85 730.10 354.51 0.00 44.20 952.33 5,739.99 693.40 80.00 301.68 0.00 7.85 27.75 31574.43 SUB TOTAL NET LOSS I GAIN {Receipts less Pa montsl 8 120.61 9 191.26 Membershi 31-Dec-22 92 31-Dec-23 92 Adult Junior Student Lrfe active members not active Non rowin b. Sub total non-rowln members TOTAL la+b a. Sub total active rowln Life 96 96 10 15 111 10 16 112 PAGE10F2 Exmouth Rowing Club Boats & Equipment Insured Values List of Assets @ 31.12.2023 2022 2023 D•scri tson No. Valua Totals No. Total$ Rushwtsrth uads IEXM 021. 022. 026 Saffran uads IEXM 01, 02. 03 'Rub uad EXM 0231 LiteRace uad IEXM 025 Double IEXM 0041 Donoratico Double Sin le IEXMOOSI Bur ashell IV fine boat LileRace sin le IEXM 024 LiteRace sin le EXM 027 Arancia Su ort Boat Tohalsu 30HP outboard Arancia beach trailer Road Trailer Pairs of Croker Seullin blades Pairs of Z&J scullin blades EXM 025 Pairs of"Blades GB" blades Gas Life ackets BDU anc ackels 100 N Life ackets Radios £36,000.00 £24 000.00 £12 000 00 £12,000.00 £1,000.00 £3,000 00 £500.00 £0.00 £4 000.00 £36.000.00 £24.000.00 £12.000.00 £12,000.00 £0.00 £3.000.00 N4t insuréd EXM 022 N4t itlxur £0.00 £4.000 00 £4,500.00 £6,000.00 £2.500.00 £750.00 £3,000.00 £21,600.00 £1,600.00 £1.200.00 £830 00 £320.00 £640.00 £1,260.00 insured Add•d WB £6,000.00 £2.500.00 £750.00 £3,000.00 £21,600.00 £1,600.00 £1,200 00 £630.00 £320.00 £640 00 £1,260.00 insured 36 32 32 £132,000.00 ¢rficall £135,000.00 Boathouse Contents £15 000.00 Boathouse Contents £15,000.00 Cash TSB Treasurers Account Redwood Bank 135 day Notice Savings Account} Current Account £8,474.95 £7,431.61 £35.398.81 £45,631.41 TOTAL CASH £43,871.76 £53,063.02 TOTAL ASSETS £190 871.76 £203 063.02 Accounts prepared for Exmouth Rowlng Club by David McDermott and Anne Jordan Accounts independently examined by Peter Grant ned Date Dale ?Lk. PAGE20F2 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Charity Name QLU On accounts for the year ended Charity no (if any) 3i.Il.1ts2 Set out on pages {ren￿rthr to include the page numbers of addit￿&￿81 sheetsl I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended tji I ￿1.3 Responsibilities and As the charity Irustees of the Trust. you are responsible for the preparation of basis of report the accounts in accordance with the requirements of the Charities Act 2011 {'the Act"). I report in respect of my examinalion of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have follawed the applicable Directions given by the Charity Commission under section 14515}Ibl of the Act. I have completed my examination. I confirm that no material matters have come to my attention lolher than that disclosed below") in connection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordan￿ with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets ir théy do not apply. Signed: Date: Name: -& EoLPEAiGL C-OJWT . Relevant professional qualification(s) or body lif any): IER October 2018 Address: kMoL)T VON Kf Lkhp. Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Give here brief details of any items that thè examiner wishes to disclose. IER October 2018