2022-08-31-accounts

			Page
Trustees' report
independent examiners'		report
Statement offinancial	activities
Balance sheet
Notes to the financial	statements		9-18

								As restated
					Unrestricted	Designated	Total	Total
					funds	funds	2022	2021
				Notes
Income from:
Donations	and grants				6,114	14,445	20,559	47,060
Charitable	activities				118,958		118,958	85,024
Other trading income					24,992	8,779	33771	6,974
Investment	income				9		9	26
					150,073	23,224	173,297	139,084
Expenditure on:
Charitable	activities				96,965	104,344	201,309	144,190
					96,965	104,344	201,309	144,190
Net income/expenditure			before transfers		53,108	( 81,120 )	( 28,012 )	( 5,106 )
Transfers					34,913	( 34,913 )
Net movement in funds					88,021	( 116,033 )	( 28,012 )	( 5,106 )
Reconciliation offunds
Total funds	brought	forward			97,846	954,228	1,052,074	1,057,180
Total funds	carried	forward			185,867	838,195	1,024,062	1,052,074

							As	restated
					2022			2021
			Notes
Fixed assets
Tangible assets			9		1,052,752			1,059,206
Investments			10		100			100
					1,052,852			1,059,306
Current assets
Debtors				10,767		16,272
Stock				441		729
Cash at bank	and in hand			97,352		113,414
				108,560		130,415
Liabilities
Creditors: amounts		falling due	12
within one year				( 37,897 )		(24,206	)
Net current	assets				70,663			106,209
Total assets	less current liabilities				1,123,515			1,165,515
Creditors: falling due after
more than one year					( 99,453 )			( 113,441 )
Total net assets					1,024,062			1,052,074
Funds
Unrestricted	fund		15		185,867			97,846
Designated fund			15		838,195			954,228
					1,024,062			1,052,074

Land and buildings	exc. steps	2% straight	line
Steps		5%straight	line
Boats		10%straight	line
Plant and machinery		10%straight	line
Motor vehicles		25%straight	line
Gym equipment		20%straight	line

					Unrestricted	Designated	Total	Total
					funds	funds	2021	2020
				Notes
Income from:
Donations					47,060		47,060	35,769
Charitable	activities				85,024		85,024	99,031
Other trading income					6,974		6,974	18,430
Investment	income				26		26	41
					139,084		139,084	153,271
Expenditure on:
Charitable	activities				88,973	55,217	144,190	165,522
					88,973	55,217	144,190	165,522
Net income/expenditure			before transfers		50,111	( 55,217 )	( 5,106 )	( 9,251 )
Transfers					( 20,000 )	20,000
Net movement in funds					30,111	( 35,217 )	( 5,106 )	( 9,251 )
Reconciliation offunds
Total funds	brought	forward			67,735	989,445	1,057,180	1,066,431
Total funds	carried	forward			97,846	954,228	1,052,074	1,057,180

					2022	2021
Donations					20,559	7,980
Grants
Government	grants					39,080
					20,559	47,060
Income from		charitable		activities
					2022	2021
Membership		subscrlptlons			67,784	60,329
Rack and equipment			hire		10,488	8,682
Coaching					6,000	3,750
Learn to row					2,400	6,540
Regatta income					29,865	4,539
Other income					2,421	1,184
					118,958	85,024
Other trading		income
					2022	2021
Fundraising					4,305	430
Premises 8 Kitchen			Income		12,171	1,720
Other income					17,295	4,824
					33,771	6,974

Donations
Grants
Government	grants

Direct	Support	Total	Total
costs	costs	2022	2021
199,290	2,019	201,309	144,190

6.	Support costs
						2022	2021
	Governance costs
	- Independent examiners fee					2,019	2,019
						2,019	2,019
7.	Net movement for	the year
	This is stated after charging:
						2022	2020
	Depreciation					57,324	59,067
	Independent examiners fee					2,019	2,019
8.	Analysis ofstaff costs and		trustee remuneration		and expenses
	Staff costs were as follows:
						2022	2021
						R
	Wages and salaries					51,276	24,060
	The average monthly	number	of employees	during	the year was:
						2022	2021
						Number	Number
	Charitable activities

Notes to the financi	Notes to the financi	al statements (Continued)	al statements (Continued)
for the year ended		31 August 2022
9.	Tangible fixed assets
				Freehold	Boats &
				Property	Equipment	Total
	Cost
	At 1 September 2021			1,049,037	375,932	1,424,969
	Additions				50,870	50,870
	Disposals				( 11,490 )	( 11,490 )
	At 31 August	2022		1,049,037	415,312	1,464,349
	Depreciation
	At 1 September 2021			125,610	240,153	365,763
	Charge for the year			20,981	36,343	57,324
	Disposals				( 11,490 )	( 11,490)
	At 31 August	2022		146,591	265,006	411,597
	Net BookValue
	At 31 August	2022		902,446	150,306	1,052,752
	At 31 August	2021		923,427	135,779	1,059,206
10.	Investments
					2022	2021
	Shares in subsidiary				100	'i00
11.	Debtors
					2022	2021
	Trade debtors				3,400	1,037
	Prepayments	and accrued income			3,003	1,571
	Amounts due	from subsidiary	undertaking		4,364	12,160
	Other debtors					1,504
					10,767	16,272

Creditors: amounts	due within one year
		2022	2021
Trade creditors		78	7,882
Taxation and social security costs		6,088	419
Accruals and deferred	income	10,003	4,835
Other loan		9,798	5,541
Other creditors		11,930	5,529
		37,897	24,206

Creditors: amounts due more than one year
	2022	2021
Bank Loan	40,000	50,000
Other loan	59,453	63,441
Analysis ofother loans
Due within one year	9,798	5,541
Due more than one year	99,453	113,441
	109,251	118,982

Change to	the balance sheet
					As	restated
		As previously			at 31August
		reported	Adjustment	f		2021
Tangible assets
Boats and	equipment	1,055,356	3,850		1,059,206
Funds
Designated	funds	1,048,224	3,850		1,052,074
		1,048,224	3,850		1,052,074
Change to the statement offinancial activities
					As	restated
		As previously			at	30August
		reported	Adjustment			2021
		f.				f.
Expenditure		( 148,040 )	3,850			( 144,190 )
Loss for the year		(8,956 )	3,850			( 5,106 )

Year ended	31Au ust 2022	At 1				At 31
		September				August
		2021	Income	Expenditure	Transfers	2022
Unrestricted	funds
General fund		97,846	150,073	( 96,965 )	34,913	185,867
Designated	funds
Capital fund		934,228		( 53,474 )	( 42,559 )	838,195
Boat Fund		20,000	23,224	( 50,870 )	7,646
		1,052,074	173,297	( 201,309 )		1,024,062

Year ended	31Au ust 2021as restated	At 1				At 31
		September				August
		2020	Income	Expenditure	Transfers	2021
Unrestricted	funds
General fund		67,735	139,084	( 88,9?3 )	( 20,000 )	97,846
Designated	funds
Capital fund		989,445		(55,217 )		934,228
Boat Fund					20,000	20,000
		1,057,180	139,084	( 144,190 )		1,052,074

Year ended 31Au	ust 2022	Unrestricted	Designated	Total
		Fundsf	Funds	Funds
Fixed assets		179,644	873,108	1,052,752
Investments		100		100
Current assets		108,560		108,560
Creditors: amounts	due within one year	( 37,897 )		( 37,897 )
Creditors: amounts	due more than one year	( 99,453 )		( 99,453 )
		150,954	873,108	1,024,062
Year ended 31Au	ust 2021	Unrestricted	Designated	Total
		Funds	Funds	Funds
Fixed assets		104,978	954,228	1,059,206
Investments		100		100
Current assets		130,415		130,415
Creditors: amounts	due within one year	( 24,206 )		(24,206 )
Creditors: amounts	due more than one year	(113,441 )		(113,441 )
		97,846	954,228	1,052,074

			2022	2021
Incoming resources
Donations
Donations			20,559	7,980
Gift Aid
Grants				39,080
			20,559	47,060
Income from charitable		activities
Subscriptions			67,784	60,329
Rack and equipment	hire		10,488	9,332
Learn to row			2,400	6,540
Regatta income			29,865	4,539
Coaching income			6,000	3,750
Other income			2,421	534
			118,958	85,024
Other trading activities
Fundraising events			4,305	430
Catering			12 171	1,720
Contribution to overheads		from Tyne 1852 Limited	17,295	4,824
			33,771	6,974
Investment income
Deposit Account interest				26
Total income			173,297	139,084

			2022	2021
Expenditure on charitable		activities
Insurance			11,641	10,521
Wages			47,591	24,060
Repairs and renewals			6,499	964
Sundries			505	385
Accountancy			2,010	2,019
Community coach			2,242	10,874
Utilities, telecoms 8 rates			23,745	10,808
Building Maintenance	8 Security			5,221
Boat Maintenance			13,915	7,198
Launch Costs			2,978	1,772
Towing 8 trailer costs			1,824	377
Motor 8 Travel			3,527	1,148
Cost of Fundraising			4,052	412
Learn 2 Row Costs				118
Office Costs			928	3,318
Bank Charges			434	223
Subscri ptions			1,673	1,910
Computer expense			17	134
Depreciation			53,474	55,707
Regatta Costs			7,548	1,891
Bank loan interest			9,987	5,130
Total expenditure			201,309	144,190
Net movement in funds			( 28,012 )	(5,106)