OpenCharities

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2021-09-30-accounts

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Summary ofthe main
achievements
ofthe
charity during the year
This year the charity has endeavoured
to grow its membership
in both
junior and adult sections. The club has continued
to increase
its presence
in the local road community
by running
an amateur
rowing event
in Bexley
alongside
Erith Rowing Club, which was again open to all British rowing
affiliated clubs. The club has additionally
expanded
the experience ofits
members
by entering
cruise into row in events across the Southeast.
These range from at local events open to all, to more challenging
events
and those open to crews from across the world, such as the Head ofthe
River Race in London. The number of individuals
attending
races, and the
number ofwins have again increased.
Closer to home, the club has held a number ofevents that aim to develop
links with the local community
including
the schools indoor rowing
championships
and friendly
indoor rowing events with teams invited to
join from the PLA and the RNLL
Briefstatement
ofthe charity's
policy on reserves
The honorary treasurer each year recommends
that the charity endeavour
to hold approximately
E10,000 in reserves, wherever
possible
within
usual
cycles ofincome and expenditure,
to account for any unexpected
spending
requirement
this has been maintained
throughout
the reporting
pe nod.
Details ofany funds
in deficit
materially The charity has no such deficit.
Further financial
review details
(Optional
information)
You may choose to include
additional
information,
where
relevant about:
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the charity's
principal sources
The charity's
principal
source offunds is income from membership
fees.
This is followed
by income from fundraising
events. Main areas of
expenditure
or insurance
and maintenance
slash repairs ofthe club's fleet
ofrowing boats.
offunds (including any
fundraising);
~ how expenditure has
supported
the key
objectives
ofthe charity;
a investment
policy
and
objectives including any
ethical investment policy
adopted.
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