Charlty Number.. 1161250 Tyne Amateur Rowing Club Report of the Trustees and Financial Statements Forthe year ended 31 August 2025
Tyne Amateur Rowing Club Contents Page Trustees, report Independent examiners, report statement of finanGial activities Balance sheet Notes lo the financial slalements 9-17
Tyne Amateur Rowing Club Trustees, report For the year ended 31 August 2025 The Iruslees present their report of the charity for the year ended 31 August 2025. The trLJStees have adopted the provisions of the Statement of Recommendèd Practice {SORP> "Accounting and Reporting by Charities. IFRS 1021 in pieparing the annual report and financial stalemenls. The financial statements have been prepared in accordance with the accounting policies sel out in notes lo the accounts and comply with the charity's governing document. the Charities Acl 2011 and 'Accounling and Reporting by Charities.. Statement of Recommended Practice. applicable to oharilies preparing their aGcounts in accordance with the Financial Reporting Standard. Objectives and activitiès The objects of the CIO are the promotion of Community participation in healthy recreation. in particular by the provision of facilities, encouragement and instruction in the sport of Towing. for the benefits of the inhabitants of Newcastle upon Tyne and surrounding areas. We aim lo further the sport of rowing by providing facilities for exercise, competition and recreation on the water and on land, safely. Main activities include.. Rowing in a variety of boats on the Tyne and at competitions elsewhere Learning to row and handle boats safely Training coaches and coxes Coaching al all levels of the sport Launch handling and safety Boat trailer driving and safely Maintenance and repair of boats and other eqLJipment Pilales and related exercise classes Weight training, Strength and conditioning Cross training running, circuits. cycling. Social and fund-raising activities Volunteering in a wide range of activities essential to successful management and operation of the club, including governance. fund-raising. catering, competition and event organisalion, grounds, boat, and building maintenance, trailer and launch driving,. safety, welfare arid assisting crews and coaches. Venue for training events and local community activities {e.g. local sports award ceremonies soaal meetings.) Venue acts as a warm space for local residents during colder months Venue is an emergency assistance centre as part of Newcastle network of emergency centres. Trustees have had regard lo the guidance issued by the Charity Commission on public benefit IPB1. PB2 and PB31. Volunteers are essential in helping with managing and supporting the club. Without volunleeTS the club could not exist. Volunteers contribute lo the following.. Governance of the club Maintaining premises, equipment and propety, day-to-day Coaching the sport of rowing and related training activity al all levels of participation Supporting events, competitions and competitors Planning and organising social and sporting events Safely on and off the water Welfare Catering Fund-raising
Tyne Amateur Rowlng Club Trustees. report Forthe year ended 31 August 2025 Achievement and performance Participant and volunteer numbers al all levels and in all activities have conts'nued to grow. Above all membership levels are rising with a noticeable increase in women members and juniors. This secures the club as a viable organisalion providing a good quality experience for sports, aclivilies, and events. A successful head racing and regalla season enabling competition at all levels for those wishing lo race, to lake part al all ability levels and raising a healthy income for the club from the efforts of our volunteers running home events. Land-based activities allowing the club lo offer a full range of exercise, and training options, and some introductory weights sessions lo encourage more members, particularly women. Daytime activities have continued to include Pilales classes, Barre and yoga classes, body weight training, strength and conditioning, exercise using rowing machines, static bike and spinning sessions. The Tyne Youth Rowing ITYRI programme is ongoing and has become well established as a key objective of the club's strategy for 2023-2028. The programme is funded by charging schools part of their Pupil Premium money, alongside funding from Henley Royal Regalla Charitable Trust, Hargreaves Foundation, Gosling Trust, Sl. Nicholas Trust and Newcastle PE and Sport Setvice. Five volunteers are working closely with Love Rowng and currently deliver indoor rowing experiences lo 700 children in four Newcastle schools including children with specific needs. In 2024-25 three local comprehensive schools and the Action Foundation (refugee children awaiting a school place) participated in a full programme with sessions available every week during term time139 weeks), Action Foundation Continued throughout the summer holidays. Two schools attended shorter programmes with a mini regatta organised al the end of the sixth week. Taster sessions were delivered to pupils from a designated special school for children with diverse learning needs alongside Adventure in Learning, which is an alternative provider for excluded pupils where the aim is to encourage their reinlegmlion back into mainstream education. Volunteers work alongside two coaches lo encourage the development of life-skills, including.. communication, problem-solving, lime management and teamwork. Working together learning lo row has enabled the pupils lo become fitter, healthier and more confident. Northumbria University is now an integr81 part of the coaching team working with the pupils each week. The programme is promoting rowing lo become more diverse, with the Club setting up an Access Fund lo support any child who wishes lo lake up the sport of rowing because of participation in the project. The club runs a very populai Community Rowing session once a week on Wednesday mornings. Unlike other club sessions il is open lo anyone who wishes to come along lo learn from scratch, develop skills recently acquired or maintain longer standing skills and fitness, not quite drop-in, but very close. Flexibility is the key word. 11 is run by volunteer Coaches aided by other experienced members as necessary, all currently volunteers. A key part of most sessions is for experienced rowers to take out novice crews lo help improve their technique and fitness in a safe way on a large tidal river. Ages range frorn 18 to the early 80s, so the sessions are cross generational. The group especially welcomes those living or working in our host community Newburn and surrounding parts of Newcastle as the club is keen to continue lo develop links with the local community whilst offering rowing to those who would not normally consider taking part in our sport. More specifically, success at National events helps to raise the profile of the club.. Masters, squads had multiple wins al nationals and a pennant at Veteran's Head for the Masters men's quad. The senior squad look three crews lo Henley Royal Regatta making it through lo the quarter finals showing that the club can ex1 nationally as well as locally. The junior squad have had a year of rebuilding following some talented athletes moving on lo university. The squad has pulled together, built new friendships and played an active part in the junior learn lo row courses sUppO.ng new learners.
Tyne Amateur Rowing Club Trustees, report For the year ended 31 August 2025 Adult and Junior Learn lo Row programmes were so successful that extra courses were provided during the summer months resulting in many learners joining the squads to become active members of the club. Many of the intake commented on how welcoming and supportive everyone in the club is resulting in new members for the Development and Junior squads. Volunteers continue to carry out a rigorous programme of boat and equipment maintenance, enabling rowers of all abilities access lo water training, facilitating progress in all squads. Diversity is evident and actively encouraged across all squads, especially welcoming new rowers into the junior and adult development squads. The club is supporting the training of young adult lowers in coaching and launch driving who are then able to work with the increasing numbers in each squad as volunteer coaches. Tyne Arc is working in partnership with Northumbria University and supports and shares events with Newcastle University and Tyne United rowing club. The club has hosted several charitable fundraising events including Macmillan coffee mornings raising money for cancer, and events raising money for motor-neurone disease. The club also has several groups that meet regularly including Search Newcastle la talking group for ex-semce men and an over 50's talking group focussing on Tnental health and well-being), Newcastle City Council neighbourhood nelwoiks, Northern Rowing council and the Jewish School for Girls. The club hosts training Camps le.g. St Peter's School. York) and is an area that the club is trying to develop further. Partnership8 with other sports clubs and organisalions, include Red Seal Rescue and Sea Cadets, are flourishing alongside School, College and University rowing clubs for local rowng competitions. A fledgling partnership is currently being developed with the Royal Grammar School Newcastle. which will be further expanded in 2025-26. Water safely. first aid, launch training and coaching courses have been held during the year. A defibrillator is maintained al the club, accessible lo the public. Community support includes use of pfftmises by local sports clubs, particularly walking, running. and cycling e.g., Newburn Running Club, vaiious local junior football clubs and Method Fitness. Physio Smart offering physiolherapy treatment for the general public operates on sile. Other waler-based activities include canoe and kayak launching from the club steps and paddleboard events. Financial review Principal sources of fLJnds are.. Membership fees and boat storage fees- a modest increase has been aged in response to rising costs and inflation. Grant applications Sponsorship Donations and bequests Fundraising through sporting and social events Food and refreshment sales Committee room rental Exercise space rental Treatment room rental Racking fees for boats and payments from partner organisations sharing our facilities Income from the café-bar and hospilalily generated by the wholly owned subsidiary company Tyne 1852 which has two directors, one ol whom is a Trustee of Tyne ARC. The bar has extended ils opening hours and catering lo accommodate more lunchtime customers from the local community, daytime rowers and those walking and cycling the Hadrian's Way National Trail and Cycleway which passes directly in front of the clubhouse. The club reinvests all surplus revenue into its rowing and associated health and fitness activities and the facilities and equipment required to support them.
Tyne Amateur Rowing Club Trustees, report (Continued) Forthe year ended 31 August 2025 Principal risks the charity faces A decline in interest in the sport of rowing and associated aclivilies, leading lo a fall in club membership and thus reduced subscription income Insufficient boats, coaching and equipment for those who wsh lo participate in the sport of rowing, leading to a fall in club membership Cancellation of events through adverse weather, low lake-up, lack of volunteers and support Withdrawal of key sponsors, partners, and donors Cancellation of some 01 all club activity becausè of unforeseen events. {e.g. pandemic, policy decisions by government. or the national sporting body (British Rowing), resulting in loss of members and income. Activities may also be halted by adverse weather conditions, staff and volunteer absence, power cuts, healing and water breakdowns elc.I Impact of inflation on operating costs, individual member and income generating activities Reserves policy The reserve musl ensure that the CIO is able lo meet day to day operational Costs for six months should all income cease. This sum is currently £30,000 and trustees and Sndependenl Examiner's review this annually. Reference and Admlnlstrative Details Registered Charity Number Registered Office 1161250 Water Row, Newburn, Newcastle upon Tyne. NE15 8NL Trustees The trustees who served the charity during the period were as follows., Roshni Polé John Goddard lan Stralford Alex Shaw Beth Dyer Tom Campbell Martin Hulse (Chair of Rowing Committee) Simon Dobson David Smark Lyn Goldsmith Chris Barllell Harry Clark IAppointed Chair 181h June 20251 (Resigned as Chair 18 June 20251 (Resigned 23 July 20251 Our advisors Examiners. S&W Audit 17 Queens Lane, Newcastle upon Tyne, NE1 1 RN structure. Governance and Management Governing document The Charitable Incorporated Organisalion ICIOI was incorporated on 13 April 2015 and is registered with the Charity Commission under number 1161250. Organisational structure Trustees are elected al the AGM. All tnjstees musl be full members of the club. All Iruslees are provided with essential guidance documents including constitution, code for meeting, charity ommission publications particularly"The essential Trustee. and Public Benefit guidance. {PBfj,2&3).
Tyne Amateur Rowing Club Trustees, report (Continued) For the year ended 31 August 2025 Trustees review annually the list of delegations, alongside terms and conditions which give a Rowing Committee responsibility for the day-lo-day organisalion of the sport, including the welfare of members, all training schedules and maintenance and care of equipment. On 14 March 2018 Tyne ARC established the wholly owned subsidiary company Tyne 1852 Limited for the purposes of fund raising. A servicing undertaking is established between the bodies with all profits of Tyne 1852 Limited directed lo ils parent company. To assist in fulfilling a key role managing the venue, the full lime Club Manager is supported by a management group consisting of the Chair of Trustees, a Trustee, Directors of Tyne 1852, the Chair of the Rowng committee, the Treasurer, and secretary. The groLJP meets fortnightly. Related parties The CIO works with or has hosted the following groups and organisations.. The club is an affiliate of British Rowing, the sport's national body and with the Northem Rowing Council. the regional liaison body between local clubs and the national by. Sport England British Universities and Colleges Sport IBUCSI hosting their annual national long- distance fours and eights head. Partnerships with local clubs and organisations (Sea Cadets, amateur, school and university rowing clubs, Red Seal Rescuel for local water safely, local rowing competitions and by visiting clubs and individuals in the region, who wish lo train on the River Tyne for longer distance events, or when water conditions al the smaller club5 are unsuitable for rowing. Support including use of premises for local sports clubs and charity events particularly walking, cycling & running. e.g., Newburn running club, Elswick Harriers, Blaydon Youth FC. Walbotlle junior FC, Method Fitness . Jewish community group, and Charity cycle rides Action FoLJndalion refugee charity - junior rowing camp. Sl. Peter's School. York - junior rowing camp Use of facilities by sports physio and massage therapists, Pilales instruction classes and other health and fitness opportunities, which are open lo non-members Other waler-based activities le.g., Canoe launching and training, paddleboard events) University of Northumbria who use the club's facilities and the CIO provides coaching Developing use of venue by local businesses and organisalions for training sessions A community novice rower is planning to row the Allanlic lo raise funds for charity. During the year, Tyne 1852 Limited made a contribution of £37.52412024 £25,680) lo Tyne Amateur Rowing Club. This contribution was for the shared use of the building and related overhead costs. Furthermore, a gift aid payment was received during the from Tyne 1852 Limited of £28,997. (2024 - £19.9101. Approved by order of the board of trustees on 21 Jan. 2026 and signed on its behalf by.. R Polé Chair
Tyne Amateur Rowing Club Independent Examlner's report to the trustees of Tyne Amateur Rowlng Club For the year ended 31 August 2025 I report to the charity trustees on my examination of the accounts of the ch8rilable company for the year ended 31 August 2025 which are set out on pages 7 10 17. Responsibilitie$ and basis of report As the charity Iruslees of the charitable company land also ils directors for the purposes of company lawl you are responsible for the prepatation of the accounts in accordance with the requirements of the Companies Act 2006 {'Ihe 2006 Act'}. Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charitable company's accounts as carried out under section 145 of the Charities Act 2011 I'lhe 2011 Acl'l. In carrying out my examination I have followed the Directions given by the Charity Commission under seclK)n 14515llbl of the 2011 Act. Independent examinerfs statement Since the company's gross income exceeded £250.000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection wlh the examin8tion giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the charitable company as required by section 386 of the 2006 Act., or the accounts do not accord with those records., or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'lrue and fair view, which is not a matter considered as part of an independent examination,, or the accounts have not been prepared in accordance wlh the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. lo a)2L Craig Henderson S&W Audit Dale 17 Queens Lane Newcastle upon Tyne NE1 1RN
Tyne Amateur Rowing Club Statement of Financial Activities For the year ended 31 August 2025 Unrestricted Designated Restricted funds funds funds Total 2025 Total 2024 Notes Income from: Donations and grants Charitable activities Other trading income Investment income 21,939 177,864 55,414 3.4( 25,842 9,759 33,953 57.540 177.864 60.251 3,406 95,968 152,030 40,185 994 4,837 Total income 258,623 30.679 43,712 333,014 289,177 Expenditure on: Charitable a¢livilies 258,891 30,380 12,790 302,061 277,486 Total expenditure 258.891 30,380 12,790 302,081 277,486 Net movement before transfers 12681 299 30,922 30,953 11,691 Transfers between funds 14 7,510 15,686 1 11,8241 Net movement In funds 7,242 15,3871 29,098 30,953 11.691 Reconciliation of fund9 Total funds brought forward 196,970 831,810 22,673 1,051,453 1,039,762 Total funds carried forward 204,212 826,423 51.771 1.082,406 1,051,453 All income and expenditure has arisen from continuing activities.
Tyne Amateur Rowing Club Balance Sheet As at 31 August 2025 2025 2024 Notes Fixed assets Tangible assets Investments 1,015,485 100 1,027.368 100 10 1,015.585 1,027.468 Current assets Debtors Stock Cash al bank and in hand 11 22,034 153 134,309 3,680 373 161,945 156,496 165,998 Liabilities Creditors.. amounts falling due within one year 12 142,5831 178,5881 Net eurrent assets 113,913 87.410 Total assets less current Ilabilities 1,129,498 1.114.878 Creditors". falling due after more than one year 13 {47,0921 { 63,4251 Total net assets 1,082,406 1.051,453 Funds Unreslricled funds Designated funds Re51ricled funds 14 14 14 204,212 826,423 51,771 196,970 831,810 22,673 1,082,406 1,051,453 The financial slalemenls were approved by the trustees on behalf by.. 21 Jan. 2026 and signed on their R Polé Chair The notes form part of thes8 financial statements
Tyne Amateur Rowing Club Notes to the financial statements for the year ended 31 August 2025 1. Accounting Policies Accounting convention The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Fin8ncial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued in October 2020, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland {FRS 1021, the Charities Act 2011, and UK Generally Accepted Accounting Practi. The financial statements have been prepared lo give a 'lrue and fair, view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view.. This departure has involved following the Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo chaiilies preparing their accounts in accordance wlh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} issued on 16 July 2014 rather than the Accounting and Reporting by Charities.. Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. The charity conslitules a public benefit entity as defined by FRS 102. The financial statements are prepared on a going concern basis under the histr)rical cost convention, modified to include certain items al fair value. The financial slalements are presented in sterling which is the functional currency of the charity and rounded lo the neaiesl £. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otheiSe slated. Golng concern The financial slalements have been prepared on a going concern basis. The Iruslees have considered the level of funds held and the expected level of income and expenditure for 12 months from aulhorising the financial statements. Annual budgets and forecasts have been prepared and the budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going COnrn. Fund accounting Unreslricled funds are available for use al the discretion of the Iruslees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds CoMprse unrestricted funds that have been set aside by the trustees for particular puiposes. The aim and use of each designated fund is set out in the notes to the financial slatemenls. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. Basis of consolidation The charitable company and ils subsidiary, Tyne 1852 Limited, comprise a small group. The charitable company has therefore taken advantage of the exemption provided by section 398 of the Companies Act 2006 not to prepare group accounts.
Tyne Amateur Rowlng Club Notes to the financial statements for the year ended 31 August 2025 Incomlng resource8 All incoming resour$ are included in the Statement of Financial Activities ISOFAI when the charity has enlitlemenl lo the funds. any performance conditions have been mel, the amount can be measured reliably and it is probable that the income will be received. Resources expended All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or conslruclive obligation lo make payments to third parties. il is probable that the selllemenl will be required and the amount of the obligation can be measured reliably. Irrecoverable VAT is charged against the activity for which the expenditure was incurred. Tangible fixed assets Tangible fixed assets are staled al cost including any incidental expenses of acquisition. Depreciation of tangible fixed assets is provided by equal annual instalments so as to write off the cost of the assets over their eslimaled useful economic lives as follows.. Land and building5 exc. steps steps Boats Plant and machinery Motor vehicles Gym equipment 2¥0 straight line 5°h straight line 10 /0 slraighl line 1 OOA slraighl line 25.10 slraighl line 20 10 slraighl line Debtors Trade and other debtors are recognised at the selllement amount due after any trade discount offered. Prepayments are valued at the amount prepaid nel of any trade discounts due. Cash at bank and In hand Cash al bank and cash in hand includes cash and short term highly liquid investments with readily available access from the dale of opening of the deposit or similar account. Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds lo a third party and the amount due to settle the obligation can be measured or estitnated reliably. Creditors and provisions are normally recognised al their selllemenl after allowing for any trade discounts dLJe. Financlal Instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial inslrumenls. Basic financial instruments are initially recognised al transaction valLJe and subsequently measured al their selllemenl value with the exception of bank loans which are subsequently rne8sured al amortised cost using the effective interest method. Taxation The charity is subject to lax on its trading activities in accordance with UK tax legislation. 10
TyneAmateur Rowing Club Notes to the financial Statements For the year ended 31 August 2025 2. Prior year Statement of Flnanclal Activlties Unrestrlcted Deslgnated Restricted funds funds funds Total 2024 Total 2023 Notes Income from.. Donations and grants Charitable activities Other trading income Investment income 26,015 145,305 31,284 994 45,101 24,852 6,725 95,968 152.030 40,185 994 45,950 137,669 38,172 239 8,901 Total income 203,598 54,002 31,577 289,177 222,030 Expenditure on: Charitable activities 235,580 29,514 12,392 277,486 206,330 Total expendlture 235,580 29,514 12,392 277,486 206,330 Net movement before transfers (31,982 } 24,488 19,185 11,691 15,700 Transfers between funds 14 50,675 150,6751 Net movement in funds 18,693 126,1871 19,185 11,691 15,700 Reconciliation of funds Total funds brought forward 178,277 857,997 3,488 1,039,762 1,024,2 Total funds carried forward 196,970 831,810 22,673 1,051,453 1,039,762 All income and expenditure ha5 arisen from continuing activities. 11
Tyne Amateur Rowing Club Notes to the flnanclal statement$ (Contlnued) for the year ended 31 August 2025 Donations and grants 2025 2024 Donations Grants 24,058 33,482 71,116 24.852 57.540 95,968 Grants were received from.. Henley Charitable Trust Sl. Nicholas Educational Trust British Rowng Charitable Foundation Peter Harrison Foundation British Rowing 15,704 9,900 6,000 7,852 3,000 11,000 3,000 1,878 33,482 24,852 Income from charitable activities 2025 2024 Membership subscriptions Rack and equipment hire Coaching Learn to row Regalla income Other income Youth Rowing Project 85,203 12,118 27,110 5,213 36,524 19,541 26,103 75,506 11,054 6,932 5,426 31,911 14,476 6,725 211,817 152,030 Other trading income 2025 2024 FurKlraising Premises & Kitchen Income Other income 12,865 9,862 37,524 7.019 7,486 25.680 60,251 40,185 12
Tyne Amateur Rowing Club Notes to the financial statements (Continued) for the year ended 31 August 2025 Expenditure on charitable activities Dlrect costs Support costs Total 2025 Total 2024 Charitable activities 299,561 2,500 302,061 277,486 Support costs 2025 2024 Governance costs Independent examiners fee 2,500 2,500 2,500 2,500 Net movementforthe year This is stated after charging.. 2025 2024 Depreciation Independent examiners fee 59,701 2,500 54,636 2,500 Analysls of staff costs and trustee remuneratlon and expensès Staff costs were as follows-. 2025 2024 Wages and salaries 91,665 87.733 The average monthly number of employees during the year was.. 2025 Number 2024 Number Charitable activities There are no employees who earn More than £60,00012024- £60,0001 The charity Iruslees were not paid nor did they receive any other benefits from employment in the year 12024 - £nill. No trustees were reimbursed expènses during the year £nil. 12024 - £2801. No charity Iruslee received payment for professional or other services supplied lo the Charity {2024- £nill. 13
Tyne Amateur Rowlng Club Notes to the financlal statements (Continued) for the year ended 31 August 2025 Tangible fixed assets Freehold Boats & Property Equipment Total Cost Al 1 September 2024 Additions Disposals 1,059,951 5,000 485,705 1,545,656 42,818 47,818 110,8191 110,8191 At 31 August 2025 1,064,951 517,704 1,582,655 Depreciation At 1 September 2024 Charge for the year Disposals 191,588 22,572 326,700 518,288 37.129 59.701 { 10,819 1110.8191 At 31 August2025 214,160 353,010 567.170 Net Book Value Al 31 August 2025 850.791 164,694 1.015,485 Al 31 August 2024 868,363 159,005 1,027,368 10. Investments 2025 2024 Shares in subsidiary 100 100 11. Debtors 2025 2024 Trade debtors Prepayments and accrued income Amounts due from subsidiary undertaking 3.999 3,056 14,979 3,680 22,034 3,680 14
Tyne Amateur Rowing Club Notes to the financial statements (Continued) for the year ended 31 August 2025 12. Creditors: amounts due within one year 2025 2024 Trade creditors Taxation and social security costs Accruals and deferred income Other loan Other creditors Amounts owed to subsidiary undertaking 7,118 3,000 12.447 16,852 3,166 13,813 2.703 16.730 15,374 2,916 27.052 42,583 78,588 13. Creditors- amounts due more than one year 2025 2024 Bank Loan Other loan 10,833 36,259 15,000 48,425 Analysis of other loans Due within one year Due more than one year 16.852 47,092 15.374 63,425 63.944 78.799 15
TyneAmateur Rowlng Club Notes to the financial statements (Continuedj for the year ended 31 August 2025 14. Analysis of funds Year ended 31 Au ust 2025 At1 September 2024 At31 August 2025 Income Expendlture Transfers Unrestricted funds General fund 196,970 258,623 1258,8911 7,510 204,212 Designated funds Capita5 fund Boat Fund Junior Fund 816,398 11.950 3,462 { 22,5721 8,854 15,184 1 114,5401 12,624 1 802,680 17,607 6,136 25,381 5,298 Restricted funds Youth Rowing Project TYR A¢$S Fund 21,664 1,009 35,862 7,850 112,737 } 153} 11,8241 42,965 8,806 1,051.453 333,014 1302,061) 1,082,406 Y8ar end6d 37 Au ust 2024 At1 September 2023 At31 August 2024 Income Expenditure Transfers Unrestricted funds General fund 178,277 203,598 { 235,580 } 50.675 196,970 Designated funds Capital fund Boat Fund Junior Fund 832,115 23.114 2,768 122,072 } 6.355 816,398 11,950 3,462 47,231 6,771 11,849 1 14,2281 Restricted funds Youth Rowing Project riR Access Fund 3,488 30,568 1,009 112,3921 21,664 1,009 1,039.762 289,177 { 277,486 } 1,051,453 Designated funds 16
TyneAmateur Rowing Club Notes to the financial statements (Continued) for the year ended 31 August 2025 Designated funds Capltal fund- the fund equals the nel book value of the tangible fixed assets less any loans. Boat Fund - funds set aside for the purchases of boats and equipment over the next two years. Junior Fund - funds sel aside for the purchase of Junior equipment over the next years. Restricted funds Youth Rowing Project - lo fund the Tyne Youth Rowing Project 2024-25. Tyne Youth Rowing Access Fund ~ to fund those parlicipanls of Tyne Youth Rowing Programmes who wish to continue their association with Tyne Amateur Rowing Club bul do not have personal access to funds lo do so. 15. Analysis of net assets between funds Year 8nded 31 Au ust 2025 Unrestrlcted & Deslgnated Funds Restricted Fund8 Total Funds Fixed assets Investments Current assets Creditors.. amounts due within one year Creditors.. amounts due more than one year 1,015,485 100 104,725 142,583 1 147,092 1 1,015,485 100 156,496 142,5831 147,0921 51,771 1.030.635 15.948 1,051,453 Ye rended 31 Au USI 2024 Unrestricted & Designated Funds Restricted Funds Total Funds Fixed assets Investments Current assets Creditors.. amounts due within one year Creditors.. amounts due more than one year 1,027,368 100 150,050 (78,588 ) 163.425 1 1,027,368 100 165.998 178,588) 163,425) 15,948 1,035.505 15,948 1,051.453 16. Related party transactlons Included within debtors is an amount of £14,979 12023 Other creditors- £27,052) due from Tyne 1852 Limited, the wholly owned subsidiary. 17