The Windsor Boys, School Boat Club
Trustee< Report for the year ended 31 August 2024
The Windsor Boys, School Boat Club (the Club) is a Charitable Incorporated Organisation,
governed by a Constitution adopted on l November 2016. Under the Constitution, the
Club's objects are the further advancement of education of pupils at The Windsor Boys,
School (the School) by providing or assisting in the provision of rowing facilities. The Club
retains and enjoys a close association with the School.
Trustees may be appointed ex officio or by election at the Annual General Meeting
(AGMI. The ongoing operation of the Club is managed by an Executive Committee
consisting of a Chairman, a Treasurer, a Secretary and other elected members. The
Executive Committee meets on a monthly basis and the Trustees meet twice per annum.
The AGM is usually held in October each year.
Operations
The Club provides equipment and coaching to enable young people aged 13-19 to row,
and operates from beginner to international representational level. The Club is highly
respetted in the rowing community and achieves considerable success, despite many
challenges, through the strong and inspiring leadership of the Director of Rowing who
instills a culture of dedication, focus and hard work across the Club.
The Trustees express their sincere gratitude to the coaches, parents and other volunteers
who have supported the members so well throughout the year, and whose contribution
to the running of the Club is immense and critical to the ongoing success of the Club.
The principle sources of income during the year were contributions from the families of
the boys who are members of the Club, donations from alumni, income from fundraising
events, income from one off grant applications, and ad hoc donations. The Club
continued to search for and complete a number of grant applications, with thanks to a
small and dedicated parent group.
The main items of expenditure this year were coaching, regatta entries, maintenance and
repair of equipment, the further development of the Mike Tovell Training Centre and,
where funds have been specifically raised, the purchase of new equipment.
The Trustees express their gratitude to the following, whose support has facilitated
equipment purchases and funded some operational costs during the year:
The Mumford family and friends, John Mumford Memorial
National Schools Regatta
Windsor Lions
Meritus Associates
Tesco
Get Bershire Attive
The Charities Trust
Tree Man

The Trustees also express their gratitude to a number of families and individuals who
supported the Club through donations of funds or items (eg for auction) during the year.
The Trustees also express their sincere gratitude to the team of staff and volunteers who
have contributed to the work on the The Mike Tovell Training Centre, which has
continued to develop during the year.
Rowing Performance
The year to 31 August 2024 was another year of great succes for the club across all ages
and abilities. This reflects the dedication of the whole club throughout the last few years,
and is ongoing.
The Club's membership was strong, with approximately 100 active members, and racing
performance was excellent, not least amongst the senior members, whose early rowing
experience had been impacted by the pandemic.
At the International level, the Club provided three members of the World Championship
team at J18 level, with one member competing in the Czech Republic in the Coupe de la
Jeunesse. There was also representation at the J16 level in the Quad for the GB v France
match.
The resilience of the Senior members of the club showed through at Henley with the First
Quad regaining the Fawley Cup after several members were losing semi-finalists last year.
The consistency of the Club in this competition in the last decade has been unparalleled
and is something the whole Club should be very proud of.
Nationally, the Club again achieved outstanding success again; at the National Schools
Regatta, the Club was the highest performing team with eight medals in total including
four golds. In the British Junior Rowing Championships, the Club won four medals
including one gold.
Looking deeper, the Club continued to provide extensive racing opportunitie5 for all ages
and abilities with a comprehensive programme of regattas during the racing season.
The Club has led the devleopment of the rowing programme at the Windsor Girls School
which continued it's developent this year with representation at the National Schools and
British Junior Rowing Championships.
Finance
The accounts are prepared on a cash basis with receipts and payments being recognized
at the time of the transattion. Any significant assets or liabilities not recorded are
disclosed in the Notes to the Accounts.
Financial control is exercised primarily through the preparation of an annual budget and
the reporting 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 matters. A Finance Manual is maintained,
which contains key financial procedures and controls of the Club.
During the period, the Club recorded a deficit in the period, largely due to capital spend
on the Mike Tovell Training Centre, using funds raised in previous years. The closing cash
balance of £52,146 (2023: £100,036) contained £45,822 (2022: £82,860> from grants and
donations for specific types of expenditure, being items of equipment and site
development and purchase. The available, unrestricted funds are £6,322 (2022: £17,176).
The Trustees consider this to be an acceptable position and continue to rely on
fundraising activities by the parental support group to maintain the current level of
operations of the Club.
On behalf of the Trustees
Ryan Rees-jones
Chairman
th
Dated. 16 June 2025

The Windsor Boys, School Boat Club
Registration Number of Charitable Incorporated Organisation= 1168477
Receipts and Payments Account for the Year Ended 31st August 2024
Notes
2023/Z4
2022123
Recelpts:
Subscriptions
Grants, Gifts and Donations
sponsorship Income
GiftAd claims
Fundraising Events (net of Direct Costs)
Kit Sales Inet of Cost of Sale51
Introductory Courses Inet of Direct Costs)
Sales of A5seis
Other Income
50,692
59,397
53,596
92,141
250
13,637
21,301
1,025
14,068
3.052
2,484
165,656
31,071
28,463
1,601
26,445
8,474
242,041
Pa￿entS.
Reg*ta Entry Fees
Coaching Costs
Rowing Events INet of Contributions rec￿ved1
Equipment
Maintenance and Repairs
Other Rowing Costs
MikeTovell Training Centre
Marketing and Communications
Administrative Expenses
114,0181
161,0211
125,4051
129,1281
144,4071
115,0731
122,6101
1641
11,8201
1213,5461
147,8901
116,4031
162,6611
111,8711
126,5211
125,4301
123,0421
116,2411
16081
12, 1751
1184,9521
Net Surplus/ (Deficitlfor the Year
57,089
Statement of Assets and Liabilit*s as at 31st August 2023
Cash Balance as at I September
Net Surplus I IDthcitl for theyear
Cash Balance as at 31 ￿gUSt
AnalysÉxI a5:
Restricted Funds
Unre5tri¢ted Funds
100,036
47,890
52,146
42,947
57,089
100,036
82,860
17,176
52,146
Note5totheAc¢ounts
l. The Rec￿PtS and Payment5 account IS Prepared on a Cash Basis. The Cash balance refiertsthe balance in the Cash Book, prepared on a
transactional basis (recording payments Wh￿ initiated and receiptswhen receivedl, in order to more accuratdy refiect the cash position of the
CILbb as at 3 1st August. Significant assets and liabilities other than Cash are disclosed in the Notes to theAccount
2. Stock, comprising rowing kit hdd as at 3 1st Ajjgust 2024 is val ued at £588. Stock is valued at the lower of cost and estimated realisable value.
3. Other Assets (receivables and prepayments) held bytheclub as at 315t August 2024 were £20,578, including gift aid claims receivableand
prepaid event expenses. Costs incurred but not paid at 31st August 2024 were £15,409, representing coaching fees and insurance
4. Salesof Assets represents proceeds from sales of assets, mostly equipment, no longer used bytheclub.
Reviewer'sstatement
I have reviEwed the abovestatement of Income and Expenditureas prep&ed bytheTr&isurer and am satisfied that thestatement ha5 been drawn
up correctly, and accurately showsthefinantial position of Thewindsor Boys, School Boat Club as at 31 August 2024. The balances ofthe Cash
Book have been verified by review of the reconciliationsto the Closing bank st*ement balances as * 31 August 2024. There is no rff4uirement for
the accountsto beaudit&J.
Martin Keeley FCMA
Kenmore
Devonish Road
Sunningdale SL5 9PF
Signed
Date
Prepared bv:
M Wilson, ACA
Treasurer
Signed
Date