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|---|---|---|---|
|Trustees'<br>report||||
|independent<br>examiners'||report||
|Statement offinancial|activities|||
|Balance sheet||||
|Notes to the financial|statements||9-18|





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|||||||||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<br>income|||||24,992|8,779|33771|6,974|
|Investment|income||||9||9|26|
||||||150,073|23,224|173,297|139,084|
|Expenditure<br>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<br>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|





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||||||||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<br>fund|||15||838,195|||954,228|
||||||1,024,062|||1,052,074|





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|Land and buildings|exc. steps|2%<br>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|



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||||||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<br>income|||||6,974||6,974|18,430|
|Investment|income||||26||26|41|
||||||139,084||139,084|153,271|
|Expenditure<br>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<br>in funds|||||30,111|( 35,217 )|( 5,106 )|( 9,251 )|
|Reconciliation<br>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|





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||||||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|



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





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|6.|Support costs|||||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||Governance<br>costs|||||||
||- Independent<br>examiners fee|||||2,019|2,019|
|||||||2,019|2,019|
|7.|Net movement<br>for|the year||||||
||This is stated after charging:|||||||
|||||||2022|2020|
||Depreciation|||||57,324|59,067|
||Independent<br>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<br>monthly|number|of employees|during|the year was:|||
|||||||2022|2021|
|||||||Number|Number|
||Charitable<br>activities|||||||





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|Notes to the financi|Notes to the financi|al statements<br>(Continued)|al statements<br>(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<br>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<br>due|from subsidiary|undertaking||4,364|12,160|
||Other debtors|||||1,504|
||||||10,767|16,272|





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|Creditors: amounts<br>|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|



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|Creditors: amounts<br>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|





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|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 )|





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|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|



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|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|





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|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|



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||||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<br>income|||6,000|3,750|
|Other income|||2,421|534|
||||118,958|85,024|
|Other trading activities|||||
|Fundraising<br>events|||4,305|430|
|Catering|||12 171|1,720|
|Contribution<br>to overheads||from Tyne 1852 Limited|17,295|4,824|
||||33,771|6,974|
|Investment<br>income|||||
|Deposit Account interest||||26|
|Total income|||173,297|139,084|





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||||2022|2021|
|---|---|---|---|---|
|Expenditure<br>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<br>coach|||2,242|10,874|
|Utilities, telecoms 8 rates|||23,745|10,808|
|Building<br>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<br>in funds|||( 28,012 )|(5,106)|