Bradford Amateur Rowing Club Charity number 1164951 A company limited by guarantee rwmber 09662095 Annual Report and Financial Statements for the year ended 31 August 2025 OBADFOR 18 67 A.R.C. 'Ctrh•4￿rt11Y,.ACPQU￿￿IMty. *AFOKC6F7* A15 2210412026 COMPANIES HOUSE #309 Bradford Amateur Rowing Club Annual Report and Financial Statements for the year ended 31 August 2025 •)nlents Page TTUStees' report 2to4 Examinerfs rep)rt ststement of financial activities Balance sheet Notes to the accounts 8t0 11 Prepared by West Yorkshlre Community Accountancy Service CIO Bradford Amateur Rowing Club Trusteos. report for the year ended 31 August 2025 Reference and adminislrative detsils of thè chaiity. Its trustees and advisor5 The tnjstees Ihe financ*1 year ￿ up to and fftthdir¥J the date the re￿rt was approved were.. Posltion Dates Preslllent appointed 22 Ocl 2024 appointed 22 Oct 2024 appoirsted 22 Oct 2024 appointed 22 Ocl 2024 Anlhea Mould John Austin-Davies Te￿nce Ed4Yards Robert Kilby Ronalij Drake Cwtton Smith Keith Myers Vicloria Arnokl Sally W¢x¥ res1gn￿l 22 Oct 2024 resurwl 1 Oct 2024 apwtÈ(J 7 Oct 2025 aptwited 7 Od 2025 Secrelary Charlty number 1164951 Registereo in England and Wa Regi51ered in EnglarKI and Wa Company number 09662095 Registered and prin¢ipal address 4 Warren Avenue Bingley West Yorkshire BD16 3BZ Bankers Santander Bootle Merseyshje L30 4G8 Independent eMm4ner Katy S8rgeant ACA West Yothshire Community kcountancy S¢rvi¢e CIO Stringer House 34 L￿ton Street Leeds LS10 2QW Strudure. gov*man¢• and manaymènt The charity is a company limited by guarantee and Vds formed cffl 29 Jwe 2015. It is govemed by a memorandum arKI athles of ass¢xiaii¢n. amende(127 Sept 2016. The ￿abilty ofthe membÈrs in thè event of the compary teing vh)und up is l¥nitwJ to a sum not exceeding £10. Method of r•crultment and appolnlm•nt of tntstees The truslees of tr* charty are also directors ftx the pjrposes of f))mpany law aThJ a￿ appointed by Ihe membws at the AGM. Bradford Amateur Rowlng Club Trustees. report (continued) for the year ended 31 August 2025 Obj¢¢tivos and activiti•s The ¢haiitrfs objects The promolton of ￿MMUThty ￿rt1¢patIOn in healthy reueation by Ihe wovi&on of faulibes speufically for sweep oar rtymng, sculh"rwJ a￿1 other ￿lated swts {Y*ililies' means land. buildiThJs. ￿uipMent and 0ry8nisirw) sporting activiti8sl.' providiryj and a5sisling in provwjing facdrti.es ts sports de5fxiW as abrjvg. re¢wlw)n ￿ other leisure time occupation of such persons who have need for such facilit￿ by reascm of Iheir ￿v1h. ag8, infirmty or disablemenl. po¥ety or social and eC(¥￿MiC cwcumstances orfor ￿ wblic at large in the interests of stxlel wemare 8fKI with the oljiect of tmwoNryng their cpars. The trustees their d￿Y tr) maintain Sufficient reserves to make it likely that they can mainlan thè fc*fulure genèrations. The of the chaT*y is to relain free reserves d approximately half the annual inc(*ne (less any grant fundÉngl of th& charity as minimum aNJ to plan carefully lo ensure reseThes are available d8vdoping for the luture. The current of re5efves are funds buin up to fund or cover the follDWNJg: 1. Any ne￿Sary wnding up cosls- approxynaldy 6 monihs. runnir#J costs- £30.C 2. Buildfftg site repair costs in¢lwling mainten¥*¢e of the weir and repaws to the landing stage £23.1￿0 3. CILbbhouse renovation costs In¢1￿11n9 kild￿n r8fLrbi5hm8nt £25.(MXI 4. Fleet refresh cost- £30.IXIO Bradford Amateur Rowing Club Trustees. report (continued) for the year ended 31 August 2025 Stslemsnt of lA￿tee$. re5ponsibilitie5 The trustees (who a￿ also ￿ dKe¢tors for ts purposes of ¢ompany lawl afe responsible for preparing the Tnjstees reFort an(5 tr* finanual statements in aco)rdance ￿1th applThble law and UK Accounling Standards. Company requires the trustees lo prepare fmancial ￿coUnts for financaal yaar ￿lch give a true and fair view of Ihe slate of affairs of the charitat4e company and of the I￿omIng resOL￿ceS and applicabon of ￿SoUrCes, including thè income 8r#l ÈxpèThJrturè. of lh& eompAnykn kne )￿. In pre￿1￿9 these finanoal slaiements. the tnjslees are required lo.. select suitable accountiNJ kW¢ies and 8PPty lJ)em rthsist￿. ObSe￿e the melho*Js and priA¢iples in tre Chartlies SORP: make judgements and estimates thal a￿ reas(wtrAe and pwtlent. state wh&ther applicable UK accounting slarKlafds have been fONth￿l. to ary maleiial departures I￿loSed and expJ8ingd in financial ststwnents: prepare the accounts on a goirg concern basi5 unless il is inap¥YcTKth to pTrsume that the clwtsble company V*ill conb'nue in cperab(¥l. The trustees are res￿nsIble for keepir¥J proper xcounting rec¢Nd5 whth disch)se wth reas￿able acthraGy al any time the financial position of the chatiLibJe o)mpany aTrJ to ￿ble them to ensure Ihat the finanuaj accounts comply wilh the Companies Act 3)06. They are also resporsibk for safeguardiThJ the assets of the charty and hence for tskirKJ reasonable steps for tho wèventton and d•teckn offrathl and other irregularities. This report ha5 been prepar￿ in accordaru Ihe Statemert of Rec(¥nmended Pracli¢e: Accounbng and Rewb"ng by Ch8fibes ICharilie5 SORP (FRS102)l. and in •¢u)rthnce with the spectal of tho Companies Act relatr￿ to smalb cornpan￿. Approved by the bowd of tr￿leeS on .. (TnKslee) Bradford Amateur Rowing Club Independent examinees report to the trnstees of Bradlord Amateur Rowlng Club I report lo ￿ charity trustees ￿ my exaMInatiL￿ ofthe ￿nts ef the thwitsble company fu the year ended 31 August 2025. vthich are set on pages 6 to 11. Responslbllities and ba$ls of r•port As the charitys trust￿ of the charitable company land also ts directo￿ for the purposes ol company lawl you are responsiblè for the preparatKfft of the accounts in accordance wilh reqwremwts of the Companies Act 20061.the 2￿J6 Acr). Having satisfie(I myself that the accounts of the ¢haritsble (xwnpany are rnt requir&J to be *JJiled ￿der Part 16 01 the 2006 Act arKI are eligible for indeperbjent examinab"on. I rep¢Nt in rwect of my examinat¢i>n of your charitys acc4)unts as ￿ffled uThJer Sect￿ 145 ofthe Charibes Act11he 2011 Acri. In carrying OLrt my eXaminBtic￿b I have followed the Dir￿tiOr￿ given by Charity CommissK)n under section 14515Xbl of the 2011 A¢L Indep•ndenl examlnerfs statement I have completed myexaminab"on. I confimi that no materia matters have tXAne to my attention Ni c*mnecti¢)n th the exaM1r￿l10n giving me cause to believe that ￿ any malerial respect l accounlirKJ records were nol kept in ￿SpeCt of the company as rewired by section 386 of the 2006 Act: 2 the accounts do not accord with tl¥)se record5.' 0 3 the accourts do not comply wlh the a¢countirtsJ requwements of Secti￿ 396 of the 2006 Act olher than any requirement thal the accounts give a and fair not a matter rA>nsKlered as part of an independent examination., or 4 the accounts have not been wepared in accordance *iih the rnethctyjs and rxK)ciples of the Statement of Recommendea Practi￿ accountsA9 ar¥J ieFX)rting by charil.es [appl￿ble to charitie5 preparing tsir accounts in accordance wilh the FThrtial Rewrt"Lng Stsndard appluble bn the UK and Republic of Ireland IFRS 102>1. I have corKems and have c4)me across ￿ othw mattets in connedx)n 7Mth the examinatiC￿ to wh attention sknjld be drawn in this re￿1 in order to enable a &Yoper undwstsndry of the accounts to be reached. Signed.. 131412026 W•st Yorkshire Community A¢¢ountw Servicè CIO Stringer House 34 Lupton Street Leeds LS10 2QW Bradford Amateur Rowing Club Statement of Financial Activities (including summary Income and expenditure account) for the year ended 31 August 2025 2025 25 Unrestrict￿ Restrided funds funds 2025 Total funds 2024 Total f￿d$ Incom¢ from: Gramts and do￿onS Memtjership Fees Race entry and regattas Bank interest received Property in￿rne Other Income Total incom• pi 15.000 15.823 37.544 6.916 918 8.514 95.492 34.721 7.214 1.570 8.S35 37,544 6.916 918 .514 58,319 15.000 73.319 149.883 Expendilurn on: Brittsh rosmng lev 8081 MaInter￿nCe Equipment maintenan Propèity maintenance HeaL light and water Council tax a￿# ￿fuSe Telephone and internet Inyurartces Cleaning Administratic Race entries and travel 's¢dlaAeous Weir mainlenarKe IrKlependent wminalion Deprecialion Training costs Total expendlture Net income l (expendtture) 1,319 7.6tr3 3,923 27.329 6.918 457 1.319 1.110 3.725 2,601 14.868 6.178 222 770 9.454 1,350 299 7.918 521 137.302 726 29.327 568 216.939 167.0561 3.923 42.829 6.918 457 15.5LKI 10.324 10.324 42 6.441 879 6.441 879 726 726 30,884 98.997 {40.678} 15,5 (51V) 114.497 (41.178) Fund balanees brought fonward Fund balances ¢aThkd forward 538.239 497.561 S38.739 497.561 605.795 538,739 13) All incoming reS￿jrceS ￿ resources expended derive frcfft w)linwng actI¥￿eS. Bradford Amateur Rowlng Club Balance sheet as at 31 Au9USt 2025 2025 Unr•strict•J Restric 2025 Totsl 2024 Totsl Fixed •ss¢ts Tangible assets Total r￿ed assets (4) 388.740 388.740 388.740 388,740 396,382 396.382 Current as$ets Debtor5 and wepayYn8nts Cash al Total currenl assets 30,585 30.585 98.923 129.508 108.302 116.875 225.177 129.508 Current liabHities: amounts talllng du• wlthln one >*ar Cre(litors and accTua15 Totsl ¢urr¢nt liabilitits 161 20.687 20.687 20.687 82.820 N•t cuThent assets l {liabilities 108.821 108.821 142.357 Net assets 497.561 497,561 538,739 Funds Unrestricted funds Restrthd fiJnd5 Total funds 497.561 497.561 497.561 497,561 538,739 Act relating to small tAwnKty. sectitin 476. ThetnJSbgs1*th0 8r*8150 th"ie(&¥s the kxryÉes (rfctsiwy WlaCkn￿*￿ethje lort•*fft￿ing Wih FRS 102 Jwwry2019}. The fNncial statements vme apWO￿l bythe board oftrustees on.... ......... . ............ 2g Swned.. Naffl9'. Bradford Amateur Rowlng Club Notes to the accounts for the year ended 31 Au9USt 2025 1 Aecounling policies Basls of a¢￿Un￿n9 These aCc￿rrtS have been prepared under the historical cost coivention items recognised al cost C￿ Iransaciion value unless otheTMtse $t*ed in the fel&vant notelsl to these accounts. The financial ststemertis have been prepared Fn ￿)loance wth tho Stslemenl of Recommer•Jed Prnctice.. Ae(x)unling and ReFQrting by Charits"es prepariry thw"r ac(xJunts rn ￿¢￿(dan￿ the Financial Reporting Standard aFvlicable in Ihe UK and Republic of Ire18nd {FRS 1021 (effective 1 j￿Uary 20191 8nd WAlh the charl￿&S Act 2011. The charity rA)nstilutes a publÈc tenefft entity Bs defined by FRS 102. The￿ has been no thange to the accountir#J [¥)h'c￿S &nce kst ￿r. No changes have been made tr> the accounts fcf W￿￿)US ￿15. Going eoneem The tnjstees are satisfied that there are no mateiial ur￿erta￿tles atoJt the Chartrfs abltty lo Contsrn￿. Incoming Tesour¢¢s l inwming fesources are included in the Statement of Fir*ncial A&l￿ti•S {SOFAI when the charity becomes entitted to Ihe resources. rf it is more h'kely not that Intstees *ryll recei￿ the reswces and the monetary Ydlue can be measured wtth suffrient ￿lIabrIty. Grants and (lon•tions Grants and donalions are only Th￿uded in the SOFA7knn the chaiity has unci>n(knonal enlitlanent to the resources. Where grants are related to perfmance and S￿￿de1[￿L￿es. Ilw arè acc(yJnted fc* as the ch8nty earns the right lo t&>nSider8kn.￿ by its perf0m￿nce. Expendlture and liabilities Expenditure is recogni5ed on an acuual basis as a Ik9blty B iw1r￿. Liabililies are rec(rfJnised vthere il is more likely than not ihat tkEre a legal Ix c(xWnth ￿l￿3*￿)n commFitiThJ the charAy to payout the resources and the amount of the obligation can be measured reasonajle certainty. Taxatton As a charity the or9anTrsation b￿rrtS fr￿n rates relief aThJ is generdmy exempi from i1￿orne lax and ital g8ins tsx trArt Mt VAT. Irrècoverable VAT is in the ol those items to vthich it relates. Tan9lbl• fix•d ass•ts Tongbte r￿ed assets are wtalwj a￿1 IndUd￿ al c05t inclMJ4ng any iKKlentsl expenses of acquisition. Gifted assets are shchvn al the value to the c*wity on receipt. Depreciation is provided on all laigib￿ fix￿ assets at rates Calc￿ated to write off the eost M a straight line basis over their expected useful e¢￿ty￿1¢ as fdlLws." Freehold land." nil Freehold buikliTrJs'. over 50 ￿ar$ Boats.. over 10 years F￿t￿reS and fit1W￿s.' over 10 Plant and machinery. over 4 years Fund accounting Unrestrided funds are avalable for use al ihe thscydion of the truslees in furthwarKe of the 9￿Oral (*)jeclives of the charty. RestrKted lund$ are suwted to restrictions on thetr ext*ndibJre imp*)sed by thè dow or through terms of an appeal. Further expknation ofts nature and pwpose ofeach fvnd is the notes to the w)unts. Bradford Amateur Rowing Club Notes to the accounts continued for the year ended 31 August 2025 2 Grants and donalioTrs 2025 UrKestricted funds 2025 Restricted fvrKIs 2025 Total 2024 Total nds Sport England Bradford Mel. Bor(MJgh Counol Yorkshire Rowjng COU￿11 Yorkshire Water Donation fr¢ym Ifadfftg sut*idiary Other donat¢ons 15.Crf)O 15.( 500 500 94.000 195 297 95.492 823 823 15.1))O IS.823 3 Restricted funds Bala￿e blf In¢￿￿n9 Outgo¥ Transfe Balance clf Sport England Bradford MDC 1S.(m 15.OLKI 15,lJ)O 15.5C Fund Trame Sport England Bradford MDC Purpose of restriction Towards the cost of roof op8*s To buy hemp board insulabcm. 4 Tangible •ss¢ts Plant arn1 Machinery F￿ILlre$ Land and Buildinys T¢)tal Cosl Al 1 Seplembar2024 Additions Disposals AI 31 August 2025 7.789 2.725 212,368 20.517 640.157 23,242 6.000 657.399 10.S14 226.885 400.0 De reclation At 1 Seplember 2024 Depn reversed re. disposals Charge for year AI 31 August 2025 18.lJ)O 171.142 (s,4￿) 21.19) 186.932 243.775 15.4001 30.284 268.659 7.727 20.￿0 N¢t book val Al 31 A￿ust 2025 2.787 39.953 346.000 388.740 At 31 August ￿24 1.756 41226 351.400 396.382 Bradford Amateur Rowing Club Notes to the accounts continued for the year ended 31 August 2025 S DebtoTh and wpayments 202S 2024 Debtors Amounts ovMd by subsidiary company p￿ payThents 15.000 8.175 7.410 30.585 94,000 8.731 5,571 108,302 6 Cr•dilors and accrnals 2025 2024 Cr&Jitors Accruals Mèmbèrships sut6 PA￿ in afvance 3.000 1.116 16.571 20.687 65,596 18.340 82.820 7 Related party tr¥nsa¢tion$ Donations from trustees and r•lated parti•s The tota aggregate ¥alue of uncondit*)nal donalions lo ch*frcrfn the truste85 rK related parb.es was £6(X)12021- £nill. Trustsè •xpans•s No tnjstèe ￿¢È¥ved any 8xpanses thrry Ihis ￿r or the previous 5wr. TfUSt•• r•mun•fatlon and b•n•fits No trustee received any remuneraticm or tjenefft Ihis or the wevious JEar. 2025 2024 Name of twustee or related party Robert lQlby Relationshlp to harity Tn￿tee De5crlptlon of trans•¢tion R(MJf repai 34.0 34,0 Other related party transactions BARC has control the wholly owned subsKliwy Bradford knatew Row¥ig Club ITradir¥J} ￿Mited l¢ompany nwi)bsr 097846991. During Ihè year BARC Charged Ihis ¢Lffipany £7.356 in ￿sp￿ of use of the charitys propety {2024'. £8.5351. At the year en(f the trailing subsi(Jwy cmwl a net amount 01 £8.175 to charity (2024: £8.7311. The trading subshjiary made a profft of £1.015 Ihe year ended 31 August 2025 {2024= £1961 which will be paMI to Ihe charity within 9 months eTrJ. BARC is also the sde member of Hirst Wwr (compary number 04827629). 10 Bradford Amateur Rowlng Club Statement of Financial Activities includin9 comparatives for all funds (including summary income and expenditure account) for the year ended 31 Au9USt 2025 2025 2024 )25 2024 Unrestrictsd Uf*estitted Resrtled Restii(#ed funds fvnds 2025 Tolal funds 2024 Tolal funds Incom• Grants an(J donakncffls Membetship Fees Race entry and regattas Bank inlerest received Property income Other Income Total in¢om¢ 823 37.$44 6,916 918 8,514 3.604 58.319 492 34.721 7.214 1.570 8.535 2,351 54.883 15.(KK) 15.823 37.544 6.916 918 8.514 3.604 73.319 95.492 34.721 7,214 1,570 8.536 2.351 149.883 15.0 95,IXJO Expendlture Brbtish rowir¥J levy Bc>8t maintenance Equipment mair+tenance Property maintenance Heal. I￿ht and waler Council tax and reluse Telephone and intemet Insurances Cleaning Administration Race entiies and travel Miscelkneous Weir maintenance Independent examinab'on Deprecialion Training costs Total eynditure ineomÈ I l•xpondlturel 1.319 7.609 3.923 27.329 6,918 457 1.110 3.725 2.601 14.868 6.178 222 770 9.454 1.350 299 7.918 21 25.104 726 29.327 568 104.241 <49.358} 1.319 7.609 3.923 42.829 6.918 457 586 10,324 1.560 42 6.441 879 1.110 3,725 2.601 14,868 6.178 222 770 9,454 1.350 299 7.918 521 137.302 726 29.327 568 216,939 (67.0561 15. 10.324 1.560 42 6.441 879 500 112.198 726 726 98,997 (40.6781 15.500 112.698 114.497 1500) <17.6981 {41,178) Fund balances brought forward Fund balances carried forward 538,239 497.561 587.597 538,239 18.198 500 538.739 497.561 605,795 538,739