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2025-07-31-accounts

Weybridge Ladies Amateur Rowing Club (WLARC)

Thames Tow Path, Walton Lane, Weybridge, Surrey KT13 8LU

Charitable lncorporated Organisation

Registered Charity No. 1171591

For the period 1st August 2024 - 31st July 2025

Weybridge Ladies Amateur Rowing Club (WLARC) became a CIO in February 2017, formally adopting the CIO Constitution. The Club is entirely run by volunteer members.

WLARC Objects

Promoting community participation in a healthy recreational sport by enabling women and girls to participate in rowing, sculling and coxing.

How These Objects Were Achieved during this reporting period:

The Trustees can confirm that the CIO has fulfilled its objectives during the reporting period in the following ways:

Club Facilities

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 continue to be well maintained, providing a safe, welcoming and inclusive environment for club members.

Club Management

As detailed in the Constitution, the day-to-day running of the club is delegated by the Trustees to a Committee, made up of club members. The Committee is elected at the Annual General Meeting, usually held in September or October of each year. The Trustees are appointed or reappointed by the members at the AGM. All Trustees and Committee members give their time voluntarily and receive no remuneration or other benefits.

The Committee operates in accordance with the Weybridge Ladies Constitution, and the policies and guidance of both the sport’s governing body, British Rowing and the Charity Commission. They hold monthly meetings, and at least one Trustee attends these meetings, where possible. All trustees receive and review meeting minutes and financial reports.

The Trustees hold meetings as needed and are always available to assist the Committee with any pressing matters by the most appropriate means of communication.

The Committee budget for the replacement of equipment so that all members at all levels of experience are adequately catered for.

Declaration:

Signed : Electronically signed by Trustees 4[th] October, 2025

Gilly Dean Caroline Freeman Diane Graham Elaine Green Jane Mitchell

WEYBRIDGE LADIES AMATEUR ROWING CLUB

INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED
31stJuly 2025
£
£
INCOME
Subs/Joining Fees
15886
Intro Course
4302
Donations/ Grants
190
Grant income released (see note 5)
1204
Donated Fixed Asset Income released (5)
140
Funds raised
1150
Miscellaneous
16884
Total income
39756
EXPENDITURE
Rent, Rates, Water (see note 3)
326
Insurance
5531
Electricity/ gas
852
Env Agency/ Licences
1056
Equip/ Repairs/ Kit
2974
Entry Fees for Races
117
Affiliations
659
Coaching Services
1382
Building/ Grounds Maintenance
1731
Misc
2933
Depreciation of fixed assets (1,4)
Rowing Boats
10689
Launch, Oars, sculls and ergonometers
1295
Equipment
2151
Building refurbishment
2720
34416
Surplus/ (Deficit) for the year
5340
31stJuly 2024
£
£
13750
240
-
1416
164
346
22377
38293
346
7598
856
923
1181
24
570
475
1700
2317
9436
1083
225
3400
30134
8159

Page 1 of 9

WEYBRIDGE LADIES AMATEUR ROWING CLUB

REGATTA ACCOUNT FOR THE YEAR ENDED 31st July 2025 31st July 2024
£ £ £ £
INCOME
Entry Fees - -
Catering/Programmes - -
Sponsorship/ donations - -
Misc - -
Total income - -
EXPENDITURE
Catering expenses - -
Medals - -
Equipment expenses - -
Suppliers - -
Stationery/Postage - -
ARA/ BR - -
Safety expenses - -
Misc - -
Surplus/ (Deficit) to income statement - -
BANK, ASSETS, LIABILITIES
Regatta bank closing balance 1000 4000
Petty Cash - -
Current Liabilities - -
Debtors - -
Creditors - -

Page 2 of 9

WEYBRIDGE LADIES AMATEUR ROWING CLUB

CASHFLOW STATEMENT FOR THE YEAR ENDED 31st JULY 31st JULY
2025 2024
£ £
Surplus for the year 5340 8159
Less spending on fixed assets (29731) (12780)
Fixed Asset Grants received - 1400
Adjustment for non-cash items
Depreciation 16855 14144
Loss/(gain) on disposal of fixed assets ~~-~~ ~~-~~
Grants released in year (note 5) (1344) (1580)
Change in working capital
Decrease/(increase) in stock ~~-~~ ~~-~~
Decrease/(increase) in debtors/prepayments (1451) ~~-~~
(Decrease)/increase in other creditors (498) (1525)
Net cash inflow/ (outflow) (10829) 7818
Cash and bank balances at start year 46851 39033
Cash and bank balances at end year 36022 46851
Movement in cash and bank balances (10829) 7818

Page 3 of 9

WEYBRIDGE LADIES AMATEUR ROWING CLUB

BALANCE SHEET FOR THE YEAR ENDED 31st JULY 31st JULY 31st JULY
2025 2024
£ £ £ £
FIXED ASSETS (NBV) (note 4)
Boats 60662 53466
Oars & Sculls 7253 6137
Equipment 8219 935
Land and buildings (note 3) ~~-~~ ~~-~~
Building refurbishment 10881 13601
87015 74139
CURRENT ASSETS
Stocks - -
Debtors and prepayments 1451 ~~-~~
Cash at Bank – non-designated 35022 42851
Cash at Bank – represented by unspent grants - -
Regatta working capital (cash at bank) 1000 4000
Cash in hand - regatta ~~-~~ ~~-~~
Cash in hand - general ~~-------~~ ~~-------~~
37473 46851
LIABILITIES – due within one year
Regatta – current liabilities ~~-~~ ~~-~~
Creditors and accruals 180 678
Unspent grants carried forward ---- ----
180 678
NET CURRENT ASSETS 37293 45740
Less:Balance of deferred grants and donated fixed assets (7614) (8958)
TOTAL NET ASSETS 116694 110921

Page 4 of 9

WEYBRIDGE LADIES AMATEUR ROWING CLUB

NOTES TO THE ACCOUNTS FOR THE YEAR to 31st JULY 2025

1. ACCOUNTING POLICIES

1.1 Depreciation of tangible assets

Provision is made for depreciation of tangible assets, at the following rates, in order to write off each asset over its estimated useful life. Part years on acquisition are depreciated as a full year.

Reducing balance depreciation Boats 15.0% per annum on net book value Launch, engines, ergonometers, oars and sculls 15.0% per annum on net book value Equipment, Building refurbishment 20.0% per annum on net book value

Equipment with a value of under £100 is charged against the year in which it is incurred.

1.2 Grants for revenue expenditure are taken to income in the year received. Grants for the purchase of fixed assets are credited to income at the same rate as the corresponding asset is depreciated.

Donations of major fixed assets are accounted for in the same way as grants.

2 WRITE-OFF OF ASSETS

There was no write-off of assets for the year ended 31[st] July 2025.

3 RENT AND RATES

Buildings and land were bequeathed to the Trustees of WLARC in December, 2006, and subject to a covenant restricting use to that of a ladies rowing club. The nominal value of land and buildings was put at approximately £80,000 in 2006 but appears in the accounts as Nil.

No rent is payable, and the CIO is currently zero-rated for purposes of local taxation.

Page 5 of 9

4. Fixed assets and depreciation

4.1 Assets reported in accounts: non-donated assets excluding Buildings

Net book value at start of year
Revaluation adjustment
Additions – powered boats
Additions - others
Disposals (NBV)
Total
Depreciation charge
Net book value at 31stJuly, 2025
4.2 Assets reported in accounts: donated to WLRC
Rowing boats
Launch,
Ergonometers
Oars & Sculls
£
£
52663
6137
-
-
-
-
17900
2396
-
-
70563
8533
Equipment
Total
£
£
808
59608
-
-
-
-
9435
29731
-
-
10243
89339
10584
1280
59979
7253
2049
13913
8194
75426
.2 Assets reported in accounts: donated to WLRC
Net book value at start of year
Revaluation adjustment
Additions – powered boats
Additions - others
Disposals (NBV)
Total before depreciation
Depreciation charge
Net book value at 31stJuly, 2025
Rowing boats
Launch,
Ergonometers
Oars & Sculls
£
£
803
0
-
-
-
-
-
-
-
-
803
0
Equipment
Total
£
£
127
930
-
-
-
-
-
-
-
-
127
930
120
0
683
0
25
145
102
785

Page 6 of 9

4.3 Total fixed assets excl Buildings

4.3 Total fixed assets excl Buildings
Year to 31stJuly, 2025
Net book value at start of year
Revaluation adjustment
Additions – powered boats
Additions - others
Disposals (NBV)
Total
Depreciation charge
Net book value at 31stJuly, 2025
4.4 Building refurbishment
Net book value at start of year
Additions
Total
Depreciation charge
Net book value at 31stJuly, 2025
4.5 Total fixed assets and Building refurbishment
Net book value at start of year
Additions
Disposals (NBV)
Total
Depreciation charge
Net book value at 31stJuly, 2025
Rowing boats
Launch,
Ergonometers
Oars & Sculls
£
£
53466
6137
-
-
-
-
17900
2396
-
-
71366
8533
10704
1280
Equipment
Total
£
£
935
60538
-
-
-
-
9435
29731
-
-
10370
90269
2151
14135
60662
7253
8219
76134
£
13601
-
13601
2720
10881
74139
29731
-
103870
16855
87015

Page 7 of 9

5 Grants etc.

5.1 Balance grants deferred at start of year

Balance grants deferred at start year (EBC)
Grants received (Rowing Foundation)
Total
Credited to income in year (non-Fixed Assets)
Credited to income in year (Fixed Assets)
Balance carried forward at end year
5.2 Unspent grants (current liabilities)
Unspent grants deferred at start of year
Change in unspent grants (non-Fixed Assets)
Change in unspent grants (Fixed Assets)
Credited to income in year (non-Fixed Assets)
Unspent balance carried forward
5.3 Donated Fixed Assets
Balance deferred after revaluation
Received in year
Disposals in year
Total donated assets before crediting
Credited to income in year
Balance carried forward at end year
Non-cash balance of deferred grants and donated
fixed assets
2025
£
8027
-
8027
-
1204
6823
2024
0
-
-
-
0
2025
931
-
-
931
140
791
7614
2024
£
8043
1400
9443
-
1416
8027
2024
0
-
-
-
0
2024
945
300
(150)
1095
164
931
8958

Page 8 of 9

Independent Examiner's Report to the Membors of Weybridge Ladles Amatèur Rowing Club I have reviewed the financial statements for the 12 months ended 31st July 2025. The financial statements have been prepared under the historical cost convention. The Treasurer is responsible for preparing the financial statements in accordance with Generally Accepted Accounting Pracaice. My respon$ibilty is to examine those stalements. In my opinion the financial $tatements give a true and fair view of the state of the club's affairs on the 31st of July 2025 and of itg income and expenditure for the yearthen ended sul'ect to the following comments. The dub meticulously maintains records of transactions on its general activities and bank account. Items of income and expendrture were sampled at random. The following observation is made. Electronic bankingl fund transfer means that the￿ is a high visibility of transactions. Paperwork is available for most smaller cash items paid. It is inevitable that some small items of expenditure will not be supported by doFumentation as re￿iptS may not be issued or may be lost by the person incurring the expense. Signed Exqmlner Dr. Androw Ruddle ACIB. AMIPaA 24 Anne Way Wpst Molesey Surr•y Kr8 2PT Page9of9

WEYBRIDGE LADIES AMATEUR ROWING CLUB

INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED
31stJuly 2025
£
£
INCOME
Subs/Joining Fees
15886
Intro Course
4302
Donations/ Grants
190
Grant income released (see note 5)
1204
Donated Fixed Asset Income released (5)
140
Funds raised
1150
Miscellaneous
16884
Total income
39756
EXPENDITURE
Rent, Rates, Water (see note 3)
326
Insurance
5531
Electricity/ gas
852
Env Agency/ Licences
1056
Equip/ Repairs/ Kit
2974
Entry Fees for Races
117
Affiliations
659
Coaching Services
1382
Building/ Grounds Maintenance
1731
Misc
2933
Depreciation of fixed assets (1,4)
Rowing Boats
10689
Launch, Oars, sculls and ergonometers
1295
Equipment
2151
Building refurbishment
2720
34416
Surplus/ (Deficit) for the year
5340
31stJuly 2024
£
£
13750
240
-
1416
164
346
22377
38293
346
7598
856
923
1181
24
570
475
1700
2317
9436
1083
225
3400
30134
8159

Page 1 of 9

WEYBRIDGE LADIES AMATEUR ROWING CLUB

REGATTA ACCOUNT FOR THE YEAR ENDED 31st July 2025 31st July 2024
£ £ £ £
INCOME
Entry Fees - -
Catering/Programmes - -
Sponsorship/ donations - -
Misc - -
Total income - -
EXPENDITURE
Catering expenses - -
Medals - -
Equipment expenses - -
Suppliers - -
Stationery/Postage - -
ARA/ BR - -
Safety expenses - -
Misc - -
Surplus/ (Deficit) to income statement - -
BANK, ASSETS, LIABILITIES
Regatta bank closing balance 1000 4000
Petty Cash - -
Current Liabilities - -
Debtors - -
Creditors - -

Page 2 of 9

WEYBRIDGE LADIES AMATEUR ROWING CLUB

CASHFLOW STATEMENT FOR THE YEAR ENDED 31st JULY 31st JULY
2025 2024
£ £
Surplus for the year 5340 8159
Less spending on fixed assets (29731) (12780)
Fixed Asset Grants received - 1400
Adjustment for non-cash items
Depreciation 16855 14144
Loss/(gain) on disposal of fixed assets ~~-~~ ~~-~~
Grants released in year (note 5) (1344) (1580)
Change in working capital
Decrease/(increase) in stock ~~-~~ ~~-~~
Decrease/(increase) in debtors/prepayments (1451) ~~-~~
(Decrease)/increase in other creditors (498) (1525)
Net cash inflow/ (outflow) (10829) 7818
Cash and bank balances at start year 46851 39033
Cash and bank balances at end year 36022 46851
Movement in cash and bank balances (10829) 7818

Page 3 of 9

WEYBRIDGE LADIES AMATEUR ROWING CLUB

BALANCE SHEET FOR THE YEAR ENDED 31st JULY 31st JULY 31st JULY
2025 2024
£ £ £ £
FIXED ASSETS (NBV) (note 4)
Boats 60662 53466
Oars & Sculls 7253 6137
Equipment 8219 935
Land and buildings (note 3) ~~-~~ ~~-~~
Building refurbishment 10881 13601
87015 74139
CURRENT ASSETS
Stocks - -
Debtors and prepayments 1451 ~~-~~
Cash at Bank – non-designated 35022 42851
Cash at Bank – represented by unspent grants - -
Regatta working capital (cash at bank) 1000 4000
Cash in hand - regatta ~~-~~ ~~-~~
Cash in hand - general ~~-------~~ ~~-------~~
37473 46851
LIABILITIES – due within one year
Regatta – current liabilities ~~-~~ ~~-~~
Creditors and accruals 180 678
Unspent grants carried forward ---- ----
180 678
NET CURRENT ASSETS 37293 45740
Less:Balance of deferred grants and donated fixed assets (7614) (8958)
TOTAL NET ASSETS 116694 110921

Page 4 of 9

WEYBRIDGE LADIES AMATEUR ROWING CLUB

NOTES TO THE ACCOUNTS FOR THE YEAR to 31st JULY 2025

1. ACCOUNTING POLICIES

1.1 Depreciation of tangible assets

Provision is made for depreciation of tangible assets, at the following rates, in order to write off each asset over its estimated useful life. Part years on acquisition are depreciated as a full year.

Reducing balance depreciation Boats 15.0% per annum on net book value Launch, engines, ergonometers, oars and sculls 15.0% per annum on net book value Equipment, Building refurbishment 20.0% per annum on net book value

Equipment with a value of under £100 is charged against the year in which it is incurred.

1.2 Grants for revenue expenditure are taken to income in the year received. Grants for the purchase of fixed assets are credited to income at the same rate as the corresponding asset is depreciated.

Donations of major fixed assets are accounted for in the same way as grants.

2 WRITE-OFF OF ASSETS

There was no write-off of assets for the year ended 31[st] July 2025.

3 RENT AND RATES

Buildings and land were bequeathed to the Trustees of WLARC in December, 2006, and subject to a covenant restricting use to that of a ladies rowing club. The nominal value of land and buildings was put at approximately £80,000 in 2006 but appears in the accounts as Nil.

No rent is payable, and the CIO is currently zero-rated for purposes of local taxation.

Page 5 of 9

4. Fixed assets and depreciation

4.1 Assets reported in accounts: non-donated assets excluding Buildings

Net book value at start of year
Revaluation adjustment
Additions – powered boats
Additions - others
Disposals (NBV)
Total
Depreciation charge
Net book value at 31stJuly, 2025
4.2 Assets reported in accounts: donated to WLRC
Rowing boats
Launch,
Ergonometers
Oars & Sculls
£
£
52663
6137
-
-
-
-
17900
2396
-
-
70563
8533
Equipment
Total
£
£
808
59608
-
-
-
-
9435
29731
-
-
10243
89339
10584
1280
59979
7253
2049
13913
8194
75426
.2 Assets reported in accounts: donated to WLRC
Net book value at start of year
Revaluation adjustment
Additions – powered boats
Additions - others
Disposals (NBV)
Total before depreciation
Depreciation charge
Net book value at 31stJuly, 2025
Rowing boats
Launch,
Ergonometers
Oars & Sculls
£
£
803
0
-
-
-
-
-
-
-
-
803
0
Equipment
Total
£
£
127
930
-
-
-
-
-
-
-
-
127
930
120
0
683
0
25
145
102
785

Page 6 of 9

4.3 Total fixed assets excl Buildings

4.3 Total fixed assets excl Buildings
Year to 31stJuly, 2025
Net book value at start of year
Revaluation adjustment
Additions – powered boats
Additions - others
Disposals (NBV)
Total
Depreciation charge
Net book value at 31stJuly, 2025
4.4 Building refurbishment
Net book value at start of year
Additions
Total
Depreciation charge
Net book value at 31stJuly, 2025
4.5 Total fixed assets and Building refurbishment
Net book value at start of year
Additions
Disposals (NBV)
Total
Depreciation charge
Net book value at 31stJuly, 2025
Rowing boats
Launch,
Ergonometers
Oars & Sculls
£
£
53466
6137
-
-
-
-
17900
2396
-
-
71366
8533
10704
1280
Equipment
Total
£
£
935
60538
-
-
-
-
9435
29731
-
-
10370
90269
2151
14135
60662
7253
8219
76134
£
13601
-
13601
2720
10881
74139
29731
-
103870
16855
87015

Page 7 of 9

5 Grants etc.

5.1 Balance grants deferred at start of year

Balance grants deferred at start year (EBC)
Grants received (Rowing Foundation)
Total
Credited to income in year (non-Fixed Assets)
Credited to income in year (Fixed Assets)
Balance carried forward at end year
5.2 Unspent grants (current liabilities)
Unspent grants deferred at start of year
Change in unspent grants (non-Fixed Assets)
Change in unspent grants (Fixed Assets)
Credited to income in year (non-Fixed Assets)
Unspent balance carried forward
5.3 Donated Fixed Assets
Balance deferred after revaluation
Received in year
Disposals in year
Total donated assets before crediting
Credited to income in year
Balance carried forward at end year
Non-cash balance of deferred grants and donated
fixed assets
2025
£
8027
-
8027
-
1204
6823
2024
0
-
-
-
0
2025
931
-
-
931
140
791
7614
2024
£
8043
1400
9443
-
1416
8027
2024
0
-
-
-
0
2024
945
300
(150)
1095
164
931
8958

Page 8 of 9

Independent Examiner's Report to the Membors of Weybridge Ladles Amatèur Rowing Club I have reviewed the financial statements for the 12 months ended 31st July 2025. The financial statements have been prepared under the historical cost convention. The Treasurer is responsible for preparing the financial statements in accordance with Generally Accepted Accounting Pracaice. My respon$ibilty is to examine those stalements. In my opinion the financial $tatements give a true and fair view of the state of the club's affairs on the 31st of July 2025 and of itg income and expenditure for the yearthen ended sul'ect to the following comments. The dub meticulously maintains records of transactions on its general activities and bank account. Items of income and expendrture were sampled at random. The following observation is made. Electronic bankingl fund transfer means that the￿ is a high visibility of transactions. Paperwork is available for most smaller cash items paid. It is inevitable that some small items of expenditure will not be supported by doFumentation as re￿iptS may not be issued or may be lost by the person incurring the expense. Signed Exqmlner Dr. Androw Ruddle ACIB. AMIPaA 24 Anne Way Wpst Molesey Surr•y Kr8 2PT Page9of9