2021-09-30-accounts

Trustees Annual Report
Independent Examiner's	Report on the accounts

				~	~	~
				The object	ofthe	CIO	is the promotion	of community	participation	in healthy
				recreation	in particular		by the provision	offacilities and coaching		for the
Summary	ofthe objects ofthe			sport ofcanoeing		for	both adults and youth.
charity set		out in its
governing		document

~	~		a a a ~ ~ ~ r
Summary of achievements		the main ofthe charity	The Covid 19pandemic in conjunction with the lack ofa permanent home continued to prove challenging in the early part ofthe year.
during the	year		The club AGM happened via Zoom in early December 2020.
			There were no pool sessions run in the winter of2020 - 2021 due to the
			closure of swimming pools and the fact that the purpose ofpool sessions
			(development ofrescue techniques and rolling) cannot be safely supported
			while maintaining social distancing.
			During the lockdown over the winter of2020-2021 there were no official club
			activities due to the restrictions, some members arranged local peer
			paddies as they were able to meet without needing to car share.
			The new club premises, a wooden building for storing boats and kit, and
			changing rooms was delivered in November 2020 and the build completed
			in April 2021, and officially opened in a ceremony in September 2021, which
			key contributors and supporters were invited to attend. The completion of
			the new facilities would not have been possible without the tireless efforts	of
			a small site committee and fundraising team with support from the wider
			committee and members ofthe club. Club members did what they could	to
			support the build and reduce costs.
			The completion ofthe new club premises and the relaxation ofthe Covid
			restrictions and social distancing guidelines allowed the club to start
			activities where participants borrow club kit including taster sessions and
			beginners courses, for both adults and youth. The inability to run any of
			these last year and the boom in interest in paddlesports and people looking
			for local activities has meant that these have been particularly popular. The
			Covid 19risk assessment and standard operating procedure was reviewed
			in line with new guidance and the new facilities.
			The youth section provided regular weekly evening sessions from April to
			September, and has provided 2 beginners courses (British Canoeing
			Discover Award). Local paddling has included skills sessions, Foundation
			Safety and Rescue Training, local weir training to develop moving water
			skills and a mini slalom. Trips have been organised further afield to
			Symonds Yat, Nene Whitewater Centre and the Tryweryn (North Wales).
			The strong enthusiastic volunteer leadership team and the support of
			parents, particularly in providing transport have been essential to allow all	of
			this to happen.
			25 adults attended START (introductory sessions) and 30adults attended
			DISCOVER courses. Other courses and awards achieved by the adult
			section include Touring, Whitewater Kayak and sheltered water SUP, and
			Whitewater SUP personal performance awards. Club members have also
			qualified as Paddlesport Instructors, trainee kayak coach and SUP Inland
			Open Water provider, and attended an advanced whitewater safety and
			rescue course. Two 2 day outdoor first aid courses were also organised.
			The annual white water trip to Dartmoor which is used as an introduction	to
			white water trip, and is usually run in October was not possible in 2020 due
			to the Covid restrictions, and general uncertainty ofwhat would be possible.
			Succesful trips have included, the Basingstoke Canal, Symmond's Yat, The
			Nene, Lee Valley and Cardiff International White water Centres, and the
			Tryweryn as well as local paddling.

							The trustees shall ensure the club maintains financial	The trustees shall ensure the club maintains financial	The trustees shall ensure the club maintains financial	reserves so	reserves so	reserves so	reserves so	the club
Briefstatement			ofthe				can withstand and	survive unexpected expenditure.	The target reserves are
charity's policy			on reserves				2 years expected expenditure.
							The new site lease	places a duty on the club to:
							a) Clear the site on lease termination
							b) Replace the	building at the end of it's usable	life
							The site lease with	the Environment Agency has a	minimum			term of
							10years. The club	must be prepared to clear the site		by February
							2030 should the EAchoose the exercise the break		clause			at this
							stage. The estimated cost to clear the site in 2020		would		be 215k.
							The aim is to have	this fund at this amount, annually		adjusted by
							"Office of National	Statistics CPIH Annual Rate 00:All		Items 2015"
							figure for the preceding complete calendar year.
							As the club building	is constructed from wood, no matter			how well			it
							is maintained it will	deteriorate and require major refurbishment					after
							around 20 years. Ifthe EAdoes not exercise the lease break clause,
							the site contingency	funds can also be used to pay for that
							refurbishment. The	Site contingency fund will therefore be
							incremented at the	same annual rate beyond the 2030 date to cater
							for site clearance and refurbishment, with a target		amount			ofF30k
							over 20years, annually adjusted in the same manner.
Details ofany in deficit		funds			materially		There are no funds	in deficit.
Further financial			review			details	(Optional information)
You may choose to include additional information, where relevant about:							The receipt ofgrants, and payment of receipts for the significantly increased the clubs financial turnover for			build have this year.
~	the charity's		principal
	sources of	funds		(including
	any fundraising);
~	how expenditure			has
	supported	the key			objectives
	ofthe charity;
	investment	policy		and
	objectives	including				any
	ethical investment				policy
	adopted.
							~ ~ ~ ~	r ~ e ~

D CHARITY COMMISSION FOR ENGLAND AND WALES	D CHARITY COMMISSION FOR ENGLAND AND WALES	D CHARITY COMMISSION FOR ENGLAND AND WALES	D CHARITY COMMISSION FOR ENGLAND AND WALES	D CHARITY COMMISSION FOR ENGLAND AND WALES	D CHARITY COMMISSION FOR ENGLAND AND WALES		Kingfisher Canoe Club (CIO)	Kingfisher Canoe Club (CIO)			No (if any} 1170349	No (if any} 1170349
							Receipts and payments			accounts			CC16a
							For the period				Pc. ,cd r:nd dale
							from	01/10/2020			30/09/2021
~			~		e	~	~ e
							Unrestricted funds	Restricted funds	Endowment funds		Total	funds	Last year
							to the nearest	to the nearest 6	to the nearest 6		to the nearest f		to the nearest E
A1 Receipts
Donation: New	Site Fund							40 087				40087	19767
Members' Subscri tions							3984					3984	2920
BCU Ca itation	Fee						37					37	24
Events and Fundraisin							12					12
Activi							6667					6667	706
General							557					557
Interest													14
Sub total (Gross income				forAR)			11,258	40,087				51,345	23,431
A2 Asset and	investment			sales,
(see table).
Proceeds from	sale ofassets
		Sub			total
	Total		receipts				11,258	40,087				51,345	23,431
A3 Pa ments
Activi							1 727					1 727	271
Events and Fundraisin							233					233	265
Governance							3077					3077	2443
New site ex enditure								10529				10529	5 6'75
		Sub			total		5,037	10,529				15,566	8,654
A4 Asset and	investment
purchases, (see table)
Asset Purchase							257	63082				63339	21 217
		Sub			total		257	63,082				63,339	21,217
	Total payments						5,294	73,611				78,905	29,871
Net ofreceiptsl(payments)							5,964	(33,524)				(27,560)	(6,440)
A5 Transfers	between	funds					(21,343)	21,343
A6 Cash funds last year			end				41,552	12,783				54,335	60,775
Cash funds this		year			end		26,173	602				26,775	54,335

D	D	CHARITY COMMISSION FOR ENGLANO AND WALES	CHARITY COMMISSION FOR ENGLANO AND WALES	CHARITY COMMISSION FOR ENGLANO AND WALES	CHARITY COMMISSION FOR ENGLANO AND WALES	Kingfisher	Kingfisher	Canoe Club (CIO)	Canoe Club (CIO)	Canoe Club (CIO)	Canoe Club (CIO)		llo (ir any) 1170349
							Receipts			and payments		accounts			CC16a
						For the period from			P	c!r Icio sta lr! 6=!I6 01/10/2020 To			Per'cd encl da!e 30/09/2021
	e	e			~	e		~	e	~	e ~	~	~ ~ s
											Unrestricted		Restricted		Endowment
		Categories				Details					funds		funds		funds
											to nearest	6	to nearest	R	to nearest F.
81 Cash		funds				Bank Account					26,173			602
								Total		cash funds 26,173				602
						(agree balances		with receipts			and payments
											account(s))		()I(		0)(
											Unrestricted		Restricted		Endowment
											funds		funds		funds
						Details					to nearest	6	to nearestt		to nearest 6
82 Other		monetary		assets
						Details					Fund to which asset belon s		Cost (optional)		Current value o tional
83investment			assets
						Details					Fund to which asset belon s		Cost (optional)		Current value o tional
84Assets retained				for	the	2 BoxTrailers					Restricted
charity's		own	use			58 Canoes					Unrestricted
						1 New	Storage Facility				Restricted
											Fund to which		Amount due		When due
						Details					liabili relates		o tional		o tional
85 Liabilities
Signed by one or two trustees behalf of all the trustees					on		Signature					Print	Name		Date of a roval
												Tim	Wilkes		24-Nov-21