## **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:
- Providing 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.
- Providing facilities and equipment for a local girls’ school. This allows pupils to learn and develop the skills of sculling and rowing in a safe, supportive environment, as well as benefitting physically from participating in sport.
- Continuing coaching for beginners from the Learn to Row courses.
- Providing additional coaching in rowing, sculling, coxing and steering to all members to enable them to further develop their skills, confidence and enjoyment of the sport.
- Providing group rowing sessions for members of all competency levels.
- Providing indoor training sessions to allow members to come together during times when it is not possible to be on the water during the winter or periods of bad weather.
- Providing “open access” to allow members who have reached the required competency level to row outside of group sessions.
- Continuing to support and participate in local events, maintaining good relations with a wide variety of community sports clubs.
- Maintaining equipment and facilities so that members at all experience levels have suitable provision
- Purchasing new equipment to ensure the on-going availability for all members.
## **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:**
- 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, the Club 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 continues to manage finances in a responsible manner, spending in line with its Objects on insurances, new boats, equipment, repairs and required works to clubhouse facilities. Money is ring-fenced for the general running and upkeep of the premises throughout the year and for the ongoing repair or replacement of equipment. Reserves are maintained, representing approximately one year’s operating expenses and to cover unexpected costs.
- The Trustees are satisfied that the accounts are independently examined appropriately.
**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 reiptS 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 reiptS 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