2021-07-31-accounts

Weybridge Ladies Amateur Rowing Club (WLARC) Thames Tow Path, Walton Lane, Weybridge, Surrey KT13 8LU

Charitable lncorporated Organisation Registered Charity No. 1171591

Annual Report

For the period 1st August 2020 - 31st July 2021

WLARC Objects

The promotion of community participation in healthy recreation, by facilitating women and girls to participate in the sport of rowing, sculling and coxing.

How These Objects Were Achieved during this reporting period:

Weybridge Ladies Amateur Rowing Club (WLARC) became a CIO in February 2017, formally adopting the CIO Constitution.

The Trustees can confirm that the CIO has fulfilled the club objectives in the following ways:

• WLARC continued to provide facilities, equipment and a supportive

• environment for women of all ages and ability levels, enabling them to enjoy the physical and mental benefits, as well as the social and community aspects, of a healthy sport, as far as Covid restrictions allowed.

• WLARC is entirely run by volunteers, mostly its own members, but also appreciates the support of the wider community, as well as family and friends.

• Members of WLARC who have British Rowing coaching qualifications, supported by other club members, voluntarily ran Learn to Row and Return to Rowing courses to attract new members, and continued to offer coaching in rowing, sculling, coxing and steering to all members.

• A local girls school has had access to WLARC facilities in order to give their pupils rowing experience.

• All WLARC safety, coaching and boating procedures and risk assessments were reviewed during this period.

• All club members were required to prove their competency through both theoretical and practical levels of assessment. This will continue to be a requirement before boating .

• WLARC members continued to support and participate in local events, maintaining good relations with a wide variety of community sports clubs.

Impact of Covid 19 pandemic

During this reporting period, club activities continued to be restricted and run only within British Rowing and Government guidelines.

• Monthly committee meetings, trustees meetings, the AGM, land training and social activities have continued online.

• WLARC annual regatta was again cancelled in June 2021, in accordance with British Rowing recommendations. It was not possible to ensure a safe and enjoyable event for all.

• A limited number of regattas and head races were entered .

• There continues to be an impact on membership numbers, which have not grown, as opportunities to run Try days or actively recruit new members have been very limited.

• Stagnant membership, very little grant availability, no regatta and a bar on social events have had a negative financial impact on the club, but reserves are adequate for the forthcoming year.

Club Facilities

The Weybridge Ladies Amateur Rowing Club was founded in 1926 by Amy Gentry OBE who bequeathed the boathouse and land for women’s rowing. The club facilities are well maintained, providing a safe and inviting environment for club

members, and the exterior of the clubhouse has been painted this year.

Club Management

WLARC is entirely run by volunteers, mostly its own members, in line with British Rowing, the sport's governing body, and its "RowSafe" guidance document. The management committee, all volunteer club members who run the club, consists of at least a Chairman, Captain, Treasurer and Secretary, in line with our Constitution.

Trustees

The role of the Trustees is to ensure that the club is run and managed in accordance with its Objects and that it meets its charitable purpose, which they agree has been the case. At the WLARC 2020 AGM, Diane Graham was re-elected as a trustee and Angela Soutar and Valerie Wotton remain in position. Jessica Nolan has stood down. At least one Trustee has attended the monthly meetings of the club management committee, and all the Trustees have reviewed the minutes and had sight of the financial statements. They have made recommendations to the management committee where appropriate, and met regularly online.

Declaration:

• The Trustees are satisfied that the club is being managed in accordance with its Objects and with due regard to the Charity Commission's public benefit requirement. Above all, it encourages participation in the sport of rowing, sculling and coxing in a safe, supportive environment, improving physical, mental and social wellbeing.

• The Trustees are satisfied that the club management committee continue to manage finances in a responsible manner, spending in line with its Objects, on new boats, equipment, repairs and essential works to clubhouse facilities.

• The Trustees are satisfied that the accounts are audited appropriately and sufficient reserves are maintained to provide for unexpected costs as well as for the general running and the upkeep of the premises throughout the year.

Signed : Electronically signed by Trustees December 2021 Angela Soutar Diane Graham Valerie Wotton

WEYBRIDGE LADIES AMATEUR ROWING CLUB IWLARCI Registered Number.. 1171691 FINANCIAL ACCOUNTS 01 August 2020- 31st July 2021

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WEYBRIDGE wies AMATEUR ROWING au REGA￿A ACCOUNT FOR TME YEAR ENDED= 3tstJULY 2021 31s1 JULY 2020 Note5 INCOME Entry Fees caterin￿P10￿r3Mffles Sponsorshlp I donations Mlsc EXPENDITURE Catering expenses Meda15 Equipment expenses Suppllers Stationery, Postage ARAIBR Safety Expeft5es Mlsc SURPLUSI DEFICITTRANSFERREDTO INCOME STATEMENT BANK, ASSEfs. LIABILITIES Transfer to rnain club attount 145561 Petty Cash Current Llabillties (Creditors) Current A55ets {Debt￿$} Re8atta bank closlng i not dlln￿ ty mBmb* 2 In tN¥ PL￿￿￿￿. Re8arta, IrK)Club Pa8e 2

WEYBRIDGE LAOIESAMATEUR ROWING CLU8 P4oie5 2021 £ 31stJULY 2020 E 31st JUIY CASHFLOW STATEMENT FOR TME YEAR ENOED Sulplus for the year Itncl PriorYearAdju5¢mèntsi Less spendln8 on fixed assets Fixed Asset Grants rece￿1 125,1901 14.3191 15.4501 15,8651 Adjustment for non cash items Depreciation NBV of disposal4wrfttroff In year Grants released Inyear Other 15,448 17,891 12.$301 12.9661 Change in worklng capltal Rednlincrl in 5toc (Rednllncr in oiher credirors Add back writtroff of other credltors Rednlintrl in dtbtorslprepèyments 11,079 13DJI 303 Net cash Inflow 15.5121 4,721 Cash and bank balancesat start year Cash ènd bank bèlarKesat end year 45.957 40.445 41,236 45.957 Movemenr in cash bank balances 15.5121 4.721 BALANCE SHEET 315tJULY 2020 31stJULY 2020 FIXED A5SET5 IN8 8oats Oars & Scv115 Equipment Land 3nd Buildin85 Bulhlin8 refUr￿$hrne￿E 39.975 6.CK16 2,771 43,530 7.066 2.645 26,563 75,317 33,204 86,445 CURRENT ASSErs Stocks Debtors and prepayments Cash at Bank- non designated Casb at Bank- represented by Unspent Grnnts Re8atta workln8 Capltal Ic•shat bankl 36,445 40.952 Cèsh in Hand- re8atts Cash in Hand- general 40,745 45,957 UABILITIES dL within one year Regètta current lièbilities Creditors a£crubls Unspent 8r8nts tarried forward 13,251 2.172 13.251 2,172 NET CURRENT ASSET5 Less. Balan£e of deferred 8rnnts and donated fixed bssets 27,494 112,8471 43,785 89,963 115.153

WMRIDGE LADIES AMATEUR AOWIWG NOTES TO DIEACCOUWTS FOA ThE YEAR to 3tstJULY 1021 I. ACCOUNnN6 POLIOE5 1.1 Deprec1atlon of 14niible ¥55ets OVl5w Is made fordepre¢iation oltan8￿¢ assÈts.aithefollowln8rates. In ordErlowrbte off ea¢h¥￿t o¥ers estlmatEd vseful I￿￿. PartyÈars on afquls4th)n ale dÈprnt&ted as a I￿1 year. 15.0% per annum on nei bookvalue 1S.OX oer¥nnum on nèt bookvalue 20.ox perannum on net bookvalue L3￿nCh, en8lnes.ery0n0mete￿, oars and scul Equiprnent. Bulldine relurbtshment Equlpmentwttha Val￿ rf ￿r￿1£f tIL¥J 15 charyed Jlairst the yeariil whh it 1.2 Gr¥ntS￿r¥Ienue expendlture Ire i•ken to Ihcomè in yèar recdved. Grantsforthe purchase of assets are credited io Irtomeaithesame ute Jsthecorrtswnd+W atset ts depret￿ted. Donatnsof rnalor ￿ed a55ets are accounted lorln the ￿rne w3¥a5 yants. 2 WRITE4)FF OF ASSET5 In theyearended 2019.theuMcNN I•￿￿th WIS￿lI. 3 AEWTNtr4D AATES Buildings and land were beoutatw to the Tiusteesof WLAIC ID De￿rnber. 2(￿. and 5ubiett to •covenaN restrtllnB Use tc that ola ladle5 r￿In&(lub The wmin•lvalue ollandand bulldln wtrt putitèppttsw E&l.t)Jl in 2(O6but apotèriil the accounts as NII. No rtnt ispayatsle. andtht CIO IScUrrent￿ itro rat￿ forpurposes ollocal taxat￿n. 2019 water blll incI￿£sa refv￿ formr￿¥fflelll In prvlou5VE•ry.

4 FIXED ASSETS AND DEPRECIAnON 20 4.1 A55ets reported In iccvunts.. non4oned a55Ptsex¢l. Bulk11n Launch, Eryonometers. Oar5 & Scults Row￿6 Boats Year to 31st july. 2021 Equlpmènt Nei book¥4lueatstart ofvear Revaluatlon adlu5rmem AdditK)ns- Powered Boats Addltbns- ot￿r Dtsposats INBVI 41.931 2.615 51,702 819 4,319 45.4191 6M24 56.022 &576 DEwectlM charge 693 Net bool value at 3tst luty. 2021 3&667 771 4?.445 4.2 Assets rEpoffed In accounts.. donated ro WLIC Launch, Eryonometer5. Oars & kulls RtyiDI Boat5 Yeirto 3151 July. 2021 Equlpment Net bookvalue ai start of year RevJluJtion Jdiu5trnent dltions Dyosals INBVI l.539 1,539 L539 231 1,539 231 Depre¢￿14(￿￿￿ary Net bookv4lutat 31$tJuty, 2011 4.3 Total assets exd Buiklih8S Launch. EryonDmEte Oars& Sculls Yearto 31stJulw. 2021 Equiprnent Total Net bookvalueat startof ￿ar 43330 2fi45 53.211 Addrti(Trns IXspwalslN8VJ 819 4.319 47.030 S7,561 Dprec￿tIon£h1ryt 693 Nel tookvalue at 315tJufy. 2021 39.975 1,771 48,7S3 4.4 Bulldln$ relurtjishfftefit Yearto 31stJuly. 2021 Tot¥1 et bOok￿Ul It 5t*ofyear Addttlons 33.204 33.201 6.641 Depreciilion [￿rie Net bookvalyt at 31stJuty, 2021

4.S Total fixed asset51ncl refvrbi5hment Ye4rto 31st lufy. 2021 Total Net bookv¥lue 3t5t?rt Ot￿r Aevaluatlon adluStrnent Addit￿n5 Dlpo￿L INBV> 86.445 4.319 .765 15.448 DEW￿latION charye Nt boovalu@ai 31stJuty, 20ZI 75.317 5 GRANTS ETC l Grants o?0 Balance irants delerred at startyear £13.538 E3L>J É16.133 EBC £13.838 É16.233 C¥edhed tolTKome in year (non FIxed-A￿ets) CrEdrted iryln(ome In yeirlFlyed-A5setsl Balance<arrfed lorw¥d at endyear -E2.299 £11,539 -£2.fi95 E13.538 5.2 Unspent yants Icuryent Ilab11tr51 uroplfit Brafits deferred Ji st•rtof yeJr Chan{e In uTh%pent grants (non FIAed Assetsl Chan8E In unspent 8rant5 (Fixed As5et51 u￿pEnt balantÈ tar￿ed forward EO £0 £0 5.3 0Dnited Fkrfed Assets 2Wi io alan￿ deferred Jfter revolLWtt ReCe￿d Inyear 1.539 El.810 EO £1,810 É1539 -É231 El,3 CrtdRtLI to Ircome Inyear Balartt ￿rr￿d lorwèrd at end year £1.539 Plon cash bal￿( oFdèkfted 8rantS•hd donated fb￿ assets £12,847 £15X177

Independent Eamalnees Report to the Member5 of Weybrfdge Ladles Amateur Rowlng aub I have reviewed the financial statements lor the 12 months ended 31st July 2021. The financial statements have been prepared under the historical cost cOnvent￿n. The Treasurer is responsible for preparing the financial st3tements in atcordance with Generallv Actepted Actounting Praetice. my responsibilrty is to examsne those statements. In my opinion the financial statements give a true and fairview of the State of the club's affairs on the 31st July 2021 and of its income and expenditure for the year then ended subject to the following comments. The club meticulously maintains retords of transactions on its general activites and bank a¢count. Items of income and expendItU￿ were sampled at random. The followin8 observation is made. Eledronic bankinyj lund transfer means that there Is a hSgh visabllity of transactions. Paperwork is available for m05t srnaller cash items paid. It is inevitable that some small items of expenditure will not be svpported by documentatlon as receipts may not be issued or may be lost by the person incurring the expense. Slin•d Date Emamlner Dr Michael Freeman. 3 The Swansway, Weybrid8e. Th13 8HU