The Wlndsor 8oy¢ School Boat Club TfUStees' Report lor the year end•d 31 Au8USt 2023 The Ivindsor Boys. School Boat Club Ithe aubl Is a Charitable Incorporated Organlsation, governed by a Constitution adopted on l November 2016. Under the Consritution, the Club's objects are the further advancement of education of pugils at The Windsor Boys, School (the School) by providin8 or assistin8 In the provlslon of rowin8 facllities, The Club retalns and enjoys a dose association with the school. Trustees may be appolnted ex officlo or by elertion at the Annual General Meetin8 IAGMI. The ongoin8 operatlon ol the Club 55 managed by an Executlve Committee consisting of a Chairman, a Vice Chairman, a Treasufer. a Secretary and other elected members. The Executive Committee meets on a monthly basis and theTrustees meet twice per annum. The AGM is usually held in ottober each year, The Club was deeply saddened by the passing of John Mumford on 29th December 2022. On behalf of the whole club, the Trustees wish to express their deepest sympathy to john's family and offer much gratitude for his valued. trusted and respecred service to the Club durin8 his time as Trustee. Operatlons The Club provides equipment and coachin8 to enable young people aged 13- 19 to row, and operates from beginner to international representational level. The Club is highly respected In ihe rowing community and achleves considerable success, despite many and varied challenges. throu8h the strong and inspiring leadership of the Director of Rowing who instills a culture of dedicatson, focus and hard work auoss the Club. The Trustees expfess their sincefe gratltude to the coaches, parents and other volunteers, who have supported the membefs so well throu8hout the year, and whose contribution to the runnln8 of the Club is Immense, and Is crltlcal to the ongoin8 success ofthe Club. The prlnciple sources of income during the year were contributions from the familles of the boys who are rnembers of the Club. donation5 frorn alumni, incorne from fundraisln8 events, Income from one off grant applications, and ad hoc donations. The main items of expenditure this year were coachir,g fees. regatta entry fees, the mainienance and repair of equipment. the lurthef dewelopment ol the Mike Tovell Trainin8 Centre and, where funds have been specifically raised, the purchase of new equipment. The Club continued ro search for and complete a number of grant applicailons. With thanks to a small and dedlcated parent 8rouP.
The Trustees express their gratitude to the following organlsations whose significant 8r3nts and donats'ons supported equipment purchases and some operational costs durin8 the year: Baldwins Bridge Trust Belron Foundation WSndsor Lions National Schools Regatta Get 8er5hire Attlve Prlnce Philip Trust Fund The Mumlord family and friends. John Murnford Memorial The Charities Trust Tree Man The Trustees èls0 express their gratitude to a number of famllies and individuals who supported the Club throu8h donations of both funds and items leg lor aucbonl durin8 the year. The Mlke Tovell Training Centre. established in 2020, continued to be developed and Improved throu8h donations and voluntary work. The Trustees express their Sincere gratitude to zhe team of staff and volunteers who have contributed to the wofk on the Site. Rowin8 Pertorrnance The year to 31 August 2023 was a year of great succes for the club across all a8es and abilities. This was a reflection of the dedication of the whole cluD throughout the lasi few years, and is ongoing. The Club's mernbership was stron& V4ith approximately 100 active rnembers, and racin8 performance was excellent. not least amon8St the senior members. whose early rowin experience had been severely impacted by tr)e pandemic. At the Internatlonal level. the Club'$ 5tren8th in depth showed with ten athletes gaining international represenratin. and winning six medals. Results included two 116 rowers who secured three 8old medals belmeen them at the Home International Regatta In If eland. and one senior athlete won two sllver medals for Great Britain at the Coupe de I Jeunesse In Amsterdam. One rower secured a place In the Great britain Quad for the U19 World Rowing Championships and won a sllver medal. Th55 year's experience at Henley was challengsng in the wake of the unprecedented success last year where the Fawley Cup final wa5 contested between the Club's A and quads. Thls year. the Quad made major progress in the later sta8es of the winter and qualified for the semi-fina15 Wlthout incldent. The semi-final against Leander and wlth tough draw In a fast flowing river saw the Quad lose out by three leei, a liny margin, in a race that would have made a classlc final. Plaudits came in from all sides and the crew took much credit for an excellent racin8 performance.
Nationally, the Club again achieved outstanding success a8ain; at the National Schools Regatta. rhe Club was the hl8hest performin8 learn with ten medals in total including six golds. In the British Junior Rowin8 Champlonships. the Club won eight medals including four golds and the Victor Ludorum. The Club has led the devleopment of the rowlng pro8ramme at the Wndsor Glrls School which developed well this year with a dedicated coach and fepresentation at the National Schools and 8ritbSh Junior Rowsn8 Championships. Flnance The accounts are prepared on a cash basis with receipts and paymenis being recognized at the time of the transaction. Any Signlficant assets or liabiliiSes not recorded are disclosed In the Notes to the Accounts. Flnancial controlls exercised primarily through the preparation of an anT)ual budget and Ihe reportin8 of results against that budget on a monthly basis. The Trustees acknowledge that the Club's cash flow is somewhat uneven throughout a year and take this into account when considering financial marters, A Finance Manual is maintained, whlch contalns key finanoal procedures and controls of the Club. Durln8 the perlod, the Club operated a small deficlt in ihe period, largely due to caplial spend on the Mike Tovell Trainin8 Centre, usln8 funds raised In prevlous years. The closin8 cash balance of £100,03612022'. £42,947) contalned £82.86012022: £26,61)01 from grants and donations foi 5peclfic types of expendlture. being items of equipment and site developmeni and purchase. The available, unrestricted funds are £17,17612022.. £16,347). The Trustees considei this to be a 5015d position. and conrinue to rely on fvndraisin8 activities by the pafental supporr group to maintain the current level of operatlons of the Club. On behalf of the Trustees Clare Warien Chair Dated 2oiThL, a 2ozw
The Wlndsor Boys, School Boat aub Rec4lpts and Payments oUnt forthe Year Ended 31st Su5t 202J a122123 2021122 Atéiptr $3,596 92,141 250 31.071 28.461 1,601 26,445 44.072 27.7155 ts 51ft5 Ooo•tio Spon5Df5hip In¢orn• ftJdrl5 Funé'•ni Evwtsin# ofDlrwtCostsl Kll Sleslnet olC41st o 1$) Intrtsourtory Cour•eJ Inet ol Dir•rt Co#sl 1•5 o115S•t5 OtNw lThcom 21,1)01 26.588 17.870 8.474 242,041 2.684 139,964 P•¥nxn¢s.' Rwta Entry Fw5 CoaLhlniCosts Rov•in8EYenislNet ofContrlbut40ns Equipmwt 116,40YI (62.6611 115,486 163,655 16,5941 118 6841 116 677 120,6831 16,7651 11931 11 7831 ,'liU 2., 126,5211 125,430 123.0411 116,2411 o•1 i? i?si 52,, 4owinicoiis Tranlft¢C•tre Mxketinlknd Cdmniurwcallons N•t SurplusllDth¢itllw iheY 089 110 5561 St•t•ment of Assets and Llab11tt5 Js at 31st 2023 C4th Uanc•a5 * I SW¢ts 14et rplUs1 {DClI)for tty 42.947 57.089 100.036 53.503 IC.556 42.947 kn¥¥sed as" Rtttricivj FndS Lknrertrlcted FundA 82,860 17.176 lé.r!D 16.347 Noieslo theAcctythts l. TheelDts Pwrnwt5 accwnt 15pr•pw•J on a(ath Th¢Ch b4ance rdKtsth b4•M<intheCxh Book. wtpared on transxt5on31 (rord.,nIpnMWttswh Initiat•9 rK•pt5 whw rM%wll. in Drda to moexctsratéyreft¥t Iht¢ath po¥tion ofth •1 It 3:It Sl¢nlllcaTrt wts Ilabilitie5 Other than ca arodiscloxi In t? P4oteSto th•krounrs 2. Sto¢l ¢QmPfiliP8 rowinikit hdd as It 31st ¢¥$1 20231$ u¢ll 4t ES88. sio¢ki$¥&I at thelowff olcost thmjted reali¥blev4ue. 3. AmoJntS TLxelvablebythèaub as Jlst lj$r 2023 T•{ 1.160. C•#1 in¢¥ry•J but not 4t 31st 2023 ere É15,394, iepiesWtine£04Khin¢lee5and eq1Pmt hlr•. 4. 5des0lfv6 r•1vat$p0edslrn 4l•olasset$, moAly•quipment, no lory bytr•a¥b. RO¥1•1.$$•fft1ft1 I ha¥reoe4edih•4bQv•St#wn oflrKorn• Exwdltur•oprwxl th•TrIrand wn si&S•J ¥hth•Stwnwt h•$b• drThpn yp corrttali. xcurdy sh¢wsthelin4ncs¥ poytion olThewiftho". 0.h0& Clb 31 Aueusr 2023. Theblance501iheCath 8or•k ha l>ew by rv•wofih•rwKS1i1ty1sloth•th)¥wbnk %ttwts•)t blb%ts• It 31 2023 Thw•is no I(reMl lor theaccoun15 to lJ•ditw. MtrtlTh Kederf FCMI Kenmofè nnIn¢sL5 9PF D#e Pfp*ed bv: M,A'i150n, ILA TiE•yJrer ye0 01£12c24-