## **Trustees’ Annual Report for the period**
**From** _1[st] April 2023_ **Period start date To** _31[st] March 2024_ **Period end date**
**Charity name:** _Worcester Dragon Boat Racing Club_
**Charity registration number:** _1173247_
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|_To promote community participation in_
_healthy recreation for the public benefit by_
_the provision of facilities and training in_
_dragon boat racing._|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|_Put on weekly trainings for members. Go to_
_race events, transporting boats there. Hire_
_out boats and train groups alone or in_
_preparation for our charity race event._
_Update and mend equipment._|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|_Trustees have had regard to the guidance_
_issued by 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 investment Para 1.38 Contribution made by volunteers Other
## **Achievements and Performance**
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SORP reference
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|**Achievements and Performance**|**Achievements and Performance**|**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
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|_In 2023 we run two training sessions a week_
_from early spring until late autumn. During_
_the winter period we kept our Sunday_
_morning sessions and provided weekly_
_circuit trainings to maintain the fitness levels_
_of our members._
_During 2023 we provided dragon boat_
_training sessions for several groups (e.g._
_scouts and charity groups) and also_
_participated three of the race events_
_organised by our umbrella organisation, the_
_British Dragon Boat Racing Association._|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|
|---|---|---|
||||
|Achievements against
objectives set|Para 1.41||
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|_We are in a good financial situation,_
_however, our revenue in 2023 was still lower_
_than previously before Covid-19 pandemic._
_The number of our members have slightly_
_increased during this year, but we still could_
_not hold our yearly popular charity event,_
_which usually contributes by large share to_
_our revenue._|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|_Reserves are held to ensure we can_
_continue to run the club._|
|Amount of reserves held|Para 1.22|_£4,305_|
|Reasons for holding zero
reserves|Para 1.22|_N/A_|
|Details of fund materially in
deficit|Para 1.24|_N/A_|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|_N/A_|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**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||
|Investment policy and
objectives including any
social investment 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|_CIO constitution_|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|_CIO_|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|_We follow the rules of our CIO constitution_
_on Trustees._|
## **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
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
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Charity name Worcester Dragon Boat Racing Club
Other name the charity uses
Registered charity number 1173247
Charity’s principal address 4 Gregory’s Bank
Worcester
WR3 8AQ
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## **Names of the charity trustees who manage the charity**
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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Maxine Allan 1/4/2023 – 31/3/2024 WDBRC
Katalin Babatunde-
2 Treasurer 1/4/2023 – 31/3/2024 WDBRC
Kelen
3 Nicola North 1/4/2023 – 31/3/2024 WDBRC
4 Robert Ewels 1/4/2023 – 31/3/2024 WDBRC
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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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|_N/A_|
|---|---|
|Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|_N/A_|
|Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets|_N/A_|
## **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
_N/A_
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
|**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|_M. Allan_
_K. Babatunde-Kelen_|
|---|---|
||
_Maxine Allan_
_Katalin Babatunde-Kelen_|
||
_Trustee_
_Treasurer_|
||_27/1/2025_|
||_27/1/2025_|
## **Worcester Dragon Boat Racing Club**
## **Statement of Profit and Loss for year ending 31 March 2024**
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2023-24 adjusted
£
Membership 2023 2,471
Kit Income 76
Racing Fees (Income) 1,325
Boat Hire & Training Income 1,555
Revenue 5,427
2023-24 adjusted
Gym Costs for Circuits -230
BDA Club Membership 2024 -100
Racing Costs -1,915
Admin Costs -90
Expenses -2,335
2023-24 adjusted
Club Costs -1,863
Club Insurance Costs -435
Boat Licences Costs -159
Boat Maintenance & Repairs -1,081
Marketing costs -198
Other Overheads -3,735
Profit from normal activities (643)
One off items
Assets 0
Profit/Loss -643
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## **Main Account**
## **Detail of Financial year to March 2024**
**Juniors Account**
|Opening balance
Closing balance (adjusted)
Opening balance
Closing balance (adjusted)|4,948
**4,305**
**1,102**
**2023-24 adjusted**
**£**
**1,102**|
|---|---|