2023-08-31-accounts

			Page
Trustees' report			t -5
Independent examiners'		report
Statement of financial	activities
Balance sheet
Notes to the financial	statements

			Unrestricted	Designated	Restricted	Total	Total
			funds	funds	funds	2023	2022
		Notes
Income from:
Donations and grants			14,549	19,301	12,100	45,950	20,559
Charitable activities			137,669			137,669	118,958
Other trading income			30,080	8,092		38,172	33,771
Investment income			239			239	9
Total income			182,537	27,393	12,100	222,030	173,297
Expenditure on:
Charitable activities			175,327	26,351	4,652	206,330	201,309
Total expenditure			175,327	26,351	4,652	206,330	201,309
Net movement before transfers			7,210	1,042	7,448	15,700	( 28,012 )
Transfers between	funds	14	( 14,800 )	18,760	( 3,960 )
Net movement in funds			( 7,590 )	19,802	3,488	15,700	( 28,012 )
Reconciliation offunds
Total funds brought	forward		185,867	838,195		1,024,062	1,052,074
Total funds carried forward			178,277	857,997	3,488	1,039,762	1,024,062

				2023		2022
		Notes		F
Fixed assets
Tangible assets		9		1,039,495		1,052,752
Investments		10		100		100
				1,039,595		1,052,852
Current assets
Debtors			3Q,791		10,767
Stock			373		441
Cash at bank and in hand			83,248		97,352
			114,412		108,560
Liabilities
Creditors: amounts	falling due
within one year			( 35,446 )		(37,897 )
Net current assets				78,966		70,663
Total assets less current liabilities				1,118,561		1,123,515
Creditors: falling due after
more than one year		13		( 78,799 )		( 99,453 )
Total net assets				1,Q39,762		1,024,062
Funds
Unrestricted funds		14		178,277		185,867
Designated funds		14		857,997		838,195
Restricted funds		14		3,488
				1,039,762		1,024,062

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

2. Prior ye	ar State	ment	of Fina	ncial Activities
										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	33,771	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

								2023	2022
								E
	Donations							33,850	20,559
	Grants							12,100
								45,950	20,559
	Grants were		received from:
	Community	Foundation			Fredrick Milburn		Award	2,400
	Queen's Platinum			Jubilee		Award		6,660
	Love Rowing							3,000
								12,100
4.	Income from		charitable			activities
								2023	2022
									F
	Membership		subscriptions					68,321	67,784
	Rack and equipment hire							9,894	10,488
	Coaching							6,500	6,000
	Learn to row							2,845	2,400
	Regatta income							33,943	29,865
	Other income							16,166	2,421
								137,669	118,958
5.	Other trading		income
								2023	2022
									R
	Fundraising							4,890	4,305
	Premises 8 Kitchen			Income				8,934	12,17 I
	Other income							24,348	17,295
								38,172	33,771

6.	Expenditure on charitable	activities
	Charitable activities

Direct	Support	Total	Total
costs	costs	2023	2022
203,930	2,400	206,330	201,309

No	tes to the financial statemen	tes to the financial statemen	ts (Continued)	ts (Continued)
for	the year ended 31 August		2023
6.	Support costs
							2023	2022
	Governance costs
	- Independent examiners		fee				2,400	2,019
							2,400	2,019
7.	Net movement for	the year
	This is stated after charging:
							2023	2022
								F
	Depreciation						52,055	57,324
	Independent examiners fee						2,400	2,019
8.	Analysis ofstaff costs and			trustee remuneration		and expenses
	Staff costs were as follows:
							2023	2022
	Wages and salaries						30,668	51,276
	The average monthly	number		of employees	during	the year was:
							2023	2022
							Number	Number
	Charitable activities

9.	Tangible fixed	Tangible fixed	assets
					Freehold	Boats 8
					Property	Equipment	Total
	Cost
	At 1 September		2022		1,049,037	415,312	1,464,349
	Additions				2,394	36,404	38,798
	Reclassification				8,520	( 8,520 )
	At 31 August	2023			1,059,951	443,196	1,503,147
	Depreciation
	At 1 September		2022		146,591	265,006	411,597
	Charge for the year				22,072	29,983	52,055
	Disposals				853	( 853)
	At 31 August	2023			169,516	294,136	463,652
	Net Book Value
	At 31 August	2023			890,435	149,060	1,039,495
	At 31 August	2022			902,446	150,306	1,052,752
10.	Investments
						2023	2022
						R
	Shares in subsidiary					100	100
11.	Debtors
						2023	2022
	Trade debtors					930	3,400
	Prepayments	and accrued income				8,570	3,003
	Amounts due	from subsidiary		undertaking		21,291	4,364
						30,791	10,767

Creditors: amounts	due within one year
		2023	2022
Trade creditors		1,131	78
Taxation and social security costs		1,643	6,088
Accruals and deferred	income	6,639	10,003
Other loan		15,374	9,798
Other creditors		10,659	11,930
		35,446	37,897
Creditors: amounts	due more than one year
		2023	2022
Bank Loan		25,000	40,000
Other loan		53,799	59,453
Analysis ofother loans
Due within one year		15,374	9,798
Due more than one year		78,799	99,453
		94,173	109,251

Year ended	31Au ust 2023	At 1					At 31
		September					August
		2022	Income	Expenditure		Transfers	2023
Unrestricted	funds
General fund		185,867	182,537	( 175,327	)	( 14,800 )	178,277
Designated	funds
Capital fund		838,195		( 22,072	)	15,992	832,115
Boat Fund			23,393	( 4,279	)	-	23,114
Junior Fund						2,768	2,768
Restricted funds
Youth Rowing Project			12,100	( 4,652	)	( 3,960 )	3,488
		1,024,062	222,030	( 206,330	)		1,039,762

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 2023	Unrestricted	Designated	Total
		Funds	Funds	Funds
Fixed assets		184,266	855,229	1,039,495
Investments		100		100
Current assets		111,644	2,768	114,412
Creditors: amounts	due within one year	( 35,446 )		( 35,446 )
Creditors: amounts	due more than one year	( 78,799 )		( 78,799 )
		181,765	857,997	1,039,762
Year ended 31Au	ust 2022	Unrestricted	Designated	Total
		Funds	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