## **Trustees’ Annual Report for the period**
**From 01/01/2024 Period start date To 31/12/2024 Period end date**
## **Charity name: Barnstaple Pilot Gig Club CIO**
## **Charity registration number: 1172955**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To provide opportunities to take part in**
**the healthy sport of Pilot Gig Boat**
**rowing**|
|Summary of the main activi-
ties in relation to those pur-
poses for the public benefit,
in particular, the activities,
projects or services identified
in the accounts.|Para 1.17 and 1.19|**Club equipment includes 4 Pilot Gig**
**Boats, 6 rowing machines and**
**associated equipment, all made**
**available to club members weekly, with**
**the required supervision and instruction**
**to maintain safety standards.**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity Com-
mission on public benefit|Para 1.18|**The Trustees have all been issued with**
**guidance from the Charity Commission**
**on public benefit.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference|
|---|---|
||Para 1.38|
|Policy on grant making||
||Para 1.38|
|Policy on social investment||
|including program related in-||
|vestment||
|Contribution made by volun-
teers|Para 1.38|**The club is run entirely by volunteers,**
**there are no paid employees.**|
|---|---|---|
|Other|||
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its ben-
eficiaries and any wider ben-
efits to society as a whole.|Para 1.20|**The club began with a membership of 10**
**local rowers in 2010 and normally sits at**
**around 100 members year on year which**
**includes rowers and social members.**
**There are rowing sessions most**
**weekends throughout the year, plus**
**evening sessions during the week**
**through the summer period. The club**
**members regularly attend regattas and**
**the World Championships as well as local**
**fundraising events and there is a very**
**buoyant junior rowing section with**
**regular activities at the Boat House.**
**Membership ages range from 12 years old**
**to 76 years old, all of whom enjoy the**
**benefit of healthy exercise and the**
**camaraderie of rowing.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
Para 1.41 Achievements against objectives set Performance of fundraising activities against objectives Para 1.41 set
|Investment performance
against objectives|Para 1.41||
|---|---|---|
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s finan-
cial position at the end of the
period|Para 1.21|**The Club had assets worth £714,852**
**which is predominantly the boat house**
**building and four gig boats with ancillary**
**equipment. Of the total amount £22,741**
**relates to current assets in the Bank.**|
|Statement explaining the pol-
icy for holding reserves stat-
ing why they are held|Para 1.22|**The reserves policy is to have enough to**
**see the club through 12 months**
**anticipated expenditure.**|
|Amount of reserves held|Para 1.22|**£5000**|
|Reasons for holding zero re-
serves|Para 1.22||
|Details of fund materially in
deficit|Para 1.24|**None**|
|Explanation of any uncertain-
ties about the charity continu-
ing as a going concern|Para 1.23|**None**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|
The charity’s principal
sources of funds (including
any fundraising)|
Para 1.47|
**Bar sales, memberships fees and**
**fundraising are the principal sources of**
**funds for the Club.**|
|---|---|---|
|Investment policy and objec-
tives including any social in-
vestment policy adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Trust deed**|
|How is the charity consti-
tuted?
(e.g unincorporated associa-
tion, CIO)|Para 1.25|**Charitable Incorporated Organisation**|
|Trustee selection methods in-
cluding details of any consti-
tutional provisions e.g. elec-
tion to post or name of any
person or body entitled to ap-
point one or more trustees|Para 1.25|**Election to post**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|
Policies and procedures
adopted for the induction and
training of trustees|
Para 1.51||
|---|---|---|
|The charity’s organisational
structure and any wider net-
work with which the charity
works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charity name|Barnstaple Pilot Gig Club CIO|
|---|---|
|Other name the charity uses||
|Registered charity number|1172955|
|Charity’s principal address|Barnstaple Pilot Gig Club,
The Keith Abrahams Building,
Rolle’s Quay,
Barnstaple,
EX31 1JE||
|---|---|---|
||||
## **Names of the charity trustees who manage the charity**
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2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or body)**
**entitled to appoint trustee**
**(if any)**|
|---|---|---|---|---|
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– Corporate trustees names of the directors at the date the report was approved **Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**----- Start of picture text -----**
Signature(s)
Full name(s)
Position (eg Sec-
retary, Chair, etc)
Date
**----- End of picture text -----**
if
Barnstaple Pilot Gig Club Income and Expenditure Account
2024
Accounting Period 1st January to 31st December
|INCOME|||||
|---|---|---|---|---|
|Memberships|||8,610.00||
|Donations|||156.61||
|North Devon District Council - Grants|||300.00||
|HMRC- GiftAid|||1,832.90||
|Sundry|||122.86||
|Just Giving|||704.40||
|Other Fundraising|||7,92\:13||
|Bank Interest|||26.02||
|Towing money|||4,507.20||
|200 Club|||2,140.00||
|Socials|||480.00||
|Room Hire|||2,155.00||
|Bar Sales (includimg food sales)|||8,837.51||
|NetIncome|||37,793.63||
|EXPENDITURE|||||
|Maintenance cost - Gigs/Trailers/Other Equipment|||2,546.09||
|Equipment /Consumables|||||
|Storage Costs/Transportation|||241.50||
|Regatta Entries|||671.00||
|Towing Money||;|2,367.61||
|Memberships - CPGA|||615.00||
|Insurance|:||2,661.81||
|Licences|||20.00||
|200 Club Prize draws|||1,062.00||
|Deposit refunds|||160.00|,|
|Sundries|||3477-72||
|Bar Purchases|||4,917.60||
|Electricity/Water/WIFI|||2,603.50||
|Training|||574.00||
|Merchandise /Kit|||580.20||
|Fund Raising expenses|||2,236.89||
|Audit Fees|||60.00||
|NetExpenditure|||24,744.92||
Income over Expenditure
13,048.71
## Independent Examiner’s Report
| have examined the records of Barnstaple Pilot Gigg Club CIO for the year to 31t December 2024. There is no matter to which | wish to draw your attention. The accounts accurately reflect the activities and the financial position for the club as at 318t December 2024. ee: 25S |Oe V pocedirace, 2eESmonSiet= fnanciet_ancar
r
## Barnstaple Pilot Gig Club Balance Sheet
## Accounting Period 1st January to 31st December
**----- Start of picture text -----**
2024
**----- End of picture text -----**
## Buildings and Land
629,800.00
Gigs Trailers Oars Consumables
32,913.00 0.00
7123-36 22,274.92
Total Net Book Value - Assets
692,111.30
## Receivables/prepayments
Bank - Current Account - Santander 5,157.09 Bank - Bar account - Barclays 2326.47 Bank - savings account - Barclays 12,032.90 Bank - 200 club A/c- Santander 362.25 Bank - Towing A/c- Santander 2,790.99 Cash in Hand 71.36
Total Current Assets
22,740.76
## Creditors/liabilities
0.00
## Total Assets
714,852.06
Funds brought forward from previous year
704,666.33
Disposal of Assets 0.00 Additional Assets 0.00 of income over expenditure 13,048.71 Depreciation charge (2,862.98) Funds carried forward 714,852.06 unidentified difference : 0.00
Surplus of income over expenditure
## Independent Examiner’s Report
| have examined the records of Barnstaple Pilot Gigg Club CIO for the year to 315* December 2024. There is no matter to which | wish to draw your attention. The accounts accurately reflect the activities and the financial position for the club as at 318‘ December 2024. Zlce!| 2002S
if
Barnstaple Pilot Gig Club Income and Expenditure Account
2024
Accounting Period 1st January to 31st December
|INCOME|||||
|---|---|---|---|---|
|Memberships|||8,610.00||
|Donations|||156.61||
|North Devon District Council - Grants|||300.00||
|HMRC- GiftAid|||1,832.90||
|Sundry|||122.86||
|Just Giving|||704.40||
|Other Fundraising|||7,92\:13||
|Bank Interest|||26.02||
|Towing money|||4,507.20||
|200 Club|||2,140.00||
|Socials|||480.00||
|Room Hire|||2,155.00||
|Bar Sales (includimg food sales)|||8,837.51||
|NetIncome|||37,793.63||
|EXPENDITURE|||||
|Maintenance cost - Gigs/Trailers/Other Equipment|||2,546.09||
|Equipment /Consumables|||||
|Storage Costs/Transportation|||241.50||
|Regatta Entries|||671.00||
|Towing Money||;|2,367.61||
|Memberships - CPGA|||615.00||
|Insurance|:||2,661.81||
|Licences|||20.00||
|200 Club Prize draws|||1,062.00||
|Deposit refunds|||160.00|,|
|Sundries|||3477-72||
|Bar Purchases|||4,917.60||
|Electricity/Water/WIFI|||2,603.50||
|Training|||574.00||
|Merchandise /Kit|||580.20||
|Fund Raising expenses|||2,236.89||
|Audit Fees|||60.00||
|NetExpenditure|||24,744.92||
Income over Expenditure
13,048.71
## Independent Examiner’s Report
| have examined the records of Barnstaple Pilot Gigg Club CIO for the year to 31t December 2024. There is no matter to which | wish to draw your attention. The accounts accurately reflect the activities and the financial position for the club as at 318t December 2024. ee: 25S |Oe V pocedirace, 2eESmonSiet= fnanciet_ancar
r
## Barnstaple Pilot Gig Club Balance Sheet
## Accounting Period 1st January to 31st December
**----- Start of picture text -----**
2024
**----- End of picture text -----**
## Buildings and Land
629,800.00
Gigs Trailers Oars Consumables
32,913.00 0.00
7123-36 22,274.92
Total Net Book Value - Assets
692,111.30
## Receivables/prepayments
Bank - Current Account - Santander 5,157.09 Bank - Bar account - Barclays 2326.47 Bank - savings account - Barclays 12,032.90 Bank - 200 club A/c- Santander 362.25 Bank - Towing A/c- Santander 2,790.99 Cash in Hand 71.36
Total Current Assets
22,740.76
## Creditors/liabilities
0.00
## Total Assets
714,852.06
Funds brought forward from previous year
704,666.33
Disposal of Assets 0.00 Additional Assets 0.00 of income over expenditure 13,048.71 Depreciation charge (2,862.98) Funds carried forward 714,852.06 unidentified difference : 0.00
Surplus of income over expenditure
## Independent Examiner’s Report
| have examined the records of Barnstaple Pilot Gigg Club CIO for the year to 315* December 2024. There is no matter to which | wish to draw your attention. The accounts accurately reflect the activities and the financial position for the club as at 318‘ December 2024. Zlce!| 2002S