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2025-08-31-accounts

The Wlndsor Boys, Sthool Boat Club Trusteqs, Report for the year ended 31 August 1025 The Windsor 8oys' School Boat Club Ithe Clubl is a Charltable lTrcorporitèd Organisation, governed by a Constitution adopted on l November 2?16. Under rhe Constitution, rh• Club's obieets are the f unher advancernent of edijcatjon of pupils at The Windsor Boys, Sch¢Jol (thé School) by providin8 or assisting in the provision of rowin8 faclllties. The CIUD rains and enloys i elose assoclation wlth the School. Trustees may be appointèd •x officio or by elerfion at the Annual Gérs8ral Meeting IAGM). The on8oin8 ooeratlon of the Club is managed by an Executive Comrnittee consisting of a Chairman, a Treasurer, a Secretary and other eletted m•mbfrr5, The Exeeut5ve Committee rDeet5 on a monlhiy basis and theTrustees meet twice per annum. The AGM is usually held In Octob•rea=h year. Operatlon5 The Club orovidesequipment and coaching to enable young people aged 13-19to rctw and operates from b•8inner to international representational Itvel. The Club is highly respected In the rowlng cornmunity and achleves considerable succe55, de5Plte manv hallen¢es, through the stror•E arrfl inspirin8 leadershlp of the Dlrector of Rowing who insti115 a culture of dedication, focus and hard work across the Club. The Trustees express their Sincere gratitude to the coaches. pa￿ntS and ¢ther volunteers t&vho have supwrted the mernbers so well throughout the year, and whose conlrlbution t¢ the runnin8 of the Club Is imrnense and critical to the ongoln8 success of thè Club. The prlnelple SOUTC05 Qt incorne d,JrTY8 the veèr were contributions Irorn the fJm.:lieS of the boys who Ire memb•rs of the Clu- donations from alumni, income from fundrai$5n8 events, Incorne trorn one off grant applications, and ad h¢x donèrions. The Club continued to search for and ¢omplete a number of grant applications, wlth thanks to a small and dedicated parènt group. Th• main items of expenditure this year wère coachin8, r¢8atta entries, maintenance and repair of ¢quiprnent, the further devèlopment of th? Mike Tovell Trainin8 Centre and, wh•re fijnds have b••n soecifically ralsed, th• purchase of now •quipment. The Trustee5 express thelr gratitude to the following. whose support has facilitated equi pment purcases and fur,ded sorne operatlonal costs durin8 tbe year,. rhe Mumford family and friends, John Mumford Memorial Jayflex Nu'mber 8 Re50urcini CcrnD ete Soace Ltd Kis Solititcrs Bavliss Trust Th• Rowinq Foundiiion Prlvate donors

rhe Trustees also exoress their gratitud• to a numbèr ol hmilies and Individuals who sugpollea th• Club throLsgh donatjons of funds or items leg for auction) durln8 the year. Th• Trust•es èlso èxprèss thèir slncère gratltudè to the team of staff and volunteers wno have contributed to the work on Ihe The Mike Tovell Trainlng Cento. which has contin¢Jed to develop during tn• y•ar. Rowin8 Performa￿@ The yeir to 31 August 2025 was another year of great success for the club across •1148•S and abilit￿es. This reflects the dedication of the whole club throughout the last few year5, and Is ¢n£Oin8. The Boat Club continues to 8row strongly, wlth approxlmately 150 athletes Involved In the vear. The programrne rernains one of the leading School rowln8 clubs in the UK, eombinTrn8 hiBh-performance results with broad participation opportunilie5, Stron8 academic support, and extensive dornestic and International racin8 Opportunities. The 2024125 season was one of the rnosl successful In club history. Major achievements included victories at njtional winter races. multiplft med•ls acr055 all ale ¥roups. Nationèl S¢nools' Regatia successes. and strong perforrnances at the British Rowin8 ChampTronsnips. The :lub won Champlonship Quads and Charnpionship Coxed Fours at National khools, Regatta and finished at the top of the boys, medal table. The club WQD the Fawlev Challeo8e Cup at Henley Royal Regattè, the event which is the primary focus of the domestic cal0￿*r. The club also regisrered success in the British Rowing Charnpicnships. Athlete5 achieved numerous A-fir%al medals: in¢ludin8 nèrional Titles in J18 Doubles and J18 Quads, toiether with rnultjgle silver medal performances across J15 and J16 cate8ories. The club is bu,Idin8 Its 1ite.'nat40na, Programme progressively. Athletes ber.efi; from a ronge of opportuni%ie5 including the tlead of the Charles18ostonl, Head of ihe Heine¥en (Arnsterdaml, trainin8 camp5 Sn Italy and Portugal. the Ghent Regatta. and other InternatlODal rn¢ini opportunitie$ acr055 Europe. Looking to the future. the club is well positioned for 5USZOiTtable suc¢e$5, Wlth $4ron8 thlete nurnbers, a talented pipeline of rowers, and a clear focus on maintaining iational- le3dip.i standards while expandin8 Qpwrtunities for parti¢lpation and developmèit. Flnance The accour)ts are orepared on a tash basis wlth recelpts and payments belng reccgnized t the time of the trap.SaCTicn. Anv siqniliknant a55e%5 Qr l..abililles not recorded are discloséd in the Not•5 to the Accounts. Finoncièl control is ex8fcised orimar."IV through the prep•rarion of on onnual bud8et and the reporting of results against tnat buaget on a regular basis. The Trustees acknowledBe that tttè Club's cash flow ',s somewhat uneven throughout th• year and have taken this into

a¢count when considering financial matters. A Finance Manual is maintained, which contains key financlal pr¢xedures and tontrols of Ihe Club. The club is s¢ekin8 SLJPDOrt to Complete funding for several key boat Durhasos an eoulpmènt UP8rades, includin8 coxed and ¢oxless quads, a ne'w first boot, a J 16 crew boa:. and additional bladè sets. sponsorship and boat naming opportunities are available for m•jor donors. Durini •4he perlod, tP4.e Club reeovded a deficit in the per',cd. largely due to capltal spend on replacement equiprnent, uslng funds raised in pr*b'icus year5, and endin8 the year with larier than normal balance due to TW8S of £55,553. This wa5 rTrostly settled in the first few rnonth5 after the year end when se¥Èral signifrc•nt ¢osh inflows were ￿ceived including outst4nding gift aid claims and proceeds from sales of fixed assets. The closing cèsl balance was £34,08712024: £52.1461. Amounts received from £rnnts and donations for specific types of expenditure not yet spent total £36.82412024'. £45.8221, being terns of eoulpment and site purchase. The available, unrestrirted funds ar• negative £2,737 12024 positive £6.322}. This ne8ètive balan¢e was restored to • positive balance as a resdlt of the significant cash inflows after the year end. Considering the cash inflow after the vear end, the Trus:ees CODSider this to be an acceptable position and continue 40 reiv on fundraising activities by the parental 5UPPOrt 8roup to maintain the current level of operation5 of the Club. On behalfofthe Trustees Rvan Rees-jones Chair

The Wlndsor Boys, School Boat aub FeR.S',TétI=, 14Lry Diy -ha.ltot e r-o"pgratV tsKa-iSth¢￿.. 1168477 Recelpts and Payrnents Account for the Year Ended 31st Aigust 2025 1401es 2024125 202J114 Rècelp 5bbKiiplit>lS Gr￿1$. Gifts and Oonions Sport￿rI￿1p Incom• Gift Ad rlms Funaf%n8 Ew¢YttslThff of Dlrert C05ts1 Klt 5StJ Inet gICost 01 IntTgdurtfryCounu ol Otrtrt Casts) 5•e501&s5rfS Other Inrorn• 65.079 43,181 50.692 59.397 16.J6 26,812 12901 13,862 7.532 14.080 186.635 13.6J7 11.301 1,025 14,068 3.052 2.484 165.056 P•mwnts.' RÉ%a(tè Entry See5 CothlnaCosts RowinKEvqnrs IP•rt ulContributionir#dvall EqdlPmWt mw.ancq and 115,7191 (7).7221 111.5211 121.2961 142.1161 121.7881 114.2521 ii.iiii 13.1591 114.0181 161,0211 125,4051 129,1281 144,4071 115,0731 122.0101 1641 11.#201 Ml•To¥dl TraininBCmlT¢ Mar•in8and Carnrnuni14lio Id.miniwaiYeExpense5 Plet 5urplu511Defrcititorth•Y•w 118,Q5Ql 14?.9901 Statemeftt of Assets and Llabllltb•s as at 31st August 2025 52.146 IIB.059 100,OJ6 147 8901 146 Nét %JrplusllWIcitl fo. theyew Cash ￿&￿te&S at 31 An41¥￿ •S'. ge#fict¢e Fundi Un"0strirt•J Funds 34.017 52,146 Noi•sioih•A¢¢wnts l. The Recept1￿￿ Pments ￿CouNt IS Pfeped on * Cth S￿$. Thecash b4w£erelÈ¢tsttr?ban<ln EheCh Boot. pr•)¥Ed on IrY.sKtIDnal basis Irecordiw ptymtswhn initilel bd I￿p1%￿l￿Th iecw>J'. In to moiexturitdy fefflttt thech po51t11￿ tslth¢ Oub a5 at 31st ￿luSI. Sr".fjcani a55•rs¥od liabiliti•5 olhw than Cath wtdiKI?s•d in t￿Not•s1O th•kEDuntS 2. Sttxk. <omptisn$rowini klt held ès at 31rt ￿lu5r 2025 Isvalued . £588 Stock l5volu￿ * the lowv of cosr estlmeé re41slevalue. 3 CXh•w As5•tS lifftlvabla and PrEp￿rn￿ls1h￿d bytheoub ¥sat 3 Isl 2025 wtre É17.514. btln8 r.&hl¥ pfcpaid Cort5 IrKUrT￿ bui not paid al 31# A&8ust 202S wore£66.SS3. rEprawtinu ¥nouThtsduetg Tr18Sin ie5Pttt oe4uiprTrrnt purch45wI. and in%ur4n¢•. 4. ￿1501A￿tIr•Pr1W5pYOc•a15frDrn mortly ryuipmovrt. no lon8w usryl by theoub. A•¥6¢tnr'sStèmeni I h•wrww•d th• •bov¢5t•t¢wnqs1 pl RK•ptswd P•yrnentS•gfEpw¢d bv th¢Tie•wiv •nd •n Mtlth•dth¥lh¢%•wnwt hMb•m dr4Wn up corTÉrtlv. and ac¢ur¥ysowsthefinan<lal p051;i¢n ol IheWlftdKr BO￿, khool 80 Club as•t 3 1 2025. Th¢bal￿<t5￿thecath ok h¥2bn w￿1￿ed by te¥ltr oiihe retohcillati4)ntothecioSbnir￿1ltsTh￿t 31 2025. TherÈis no riifDneni lor theraurts•o be*Jdited. jul1￿￿ 5 Ro•J Windsor 5L45 Date 2gic£120z6 ed Date