Trustees’ Annual Report for the period
From 1[st] April 2024 Period start date To 31[st] March 2025 Period end date
Charity name: Worcester Dragon Boat Racing Club
Charity registration number: 1173247
Objectives and Activities
| Objectives and Activities | Objectives and Activities | 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. |
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| 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 | |
|---|---|
| Policy on grant making | Para 1.38 |
| Policy on social investment including program related investment |
Para 1.38 |
| Contribution made by volunteers |
Para 1.38 |
| 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 2024 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 2024 we provided dragon boat training sessions for several groups (e.g. scouts and charity groups). In the summer of 2024, we re-launched our charity dragon boat racing event (Race The Dragon). In September 2024 we participated at the Nationals Race Event organised by our umbrella organisation, the British Dragon Boat Racing Association. |
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 due to the slight increase in club members and the re-launch of our popular charity event Race The Dragon. |
| 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 | £8,038 |
| 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:
| 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 Chair 1/4/2024 – 31/3/2025 WDBRC
Katalin Babatunde-
2 Treasurer 1/4/2024 – 31/3/2025 WDBRC
Kelen
3 Nicola North 1/4/2024 – 31/3/2025 WDBRC
4 Robert Ewels 1/4/2024 – 31/3/2025 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 |
|
Chair Treasurer |
|
| 30/1/2026 | |
| 30/1/2026 |
Worcester Dragon Boat Racing Club
Statement of Profit and Loss for year ending 31 March 2025
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2024-25 adjusted
£
Membership 2024 3,997
Kit Income 195
Racing Fees (Income) 570
Boat Hire & Training Income 800
RTD 2024 Income 2,917
Revenue 8,479
2024-25 adjusted
Gym Costs for Circuits -330
BDA Club Membership 2025 -100
Racing Costs -520
Admin Costs 0
RTD 2024 Costs -1,519
Expenses -2,469
2024-25 adjusted
Club Costs -1,357
Club Insurance Costs -397
Boat Licences Costs -63
Boat Maintenance & Repairs -105
Marketing costs -355
Other Overheads -2,277
Profit from normal activities 3,732
One off items
Assets 0
Profit/Loss 3,732
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Main Account
Detail of Financial year to March 2025
Juniors Account
| Opening balance Closing balance (adjusted) Opening balance Closing balance (adjusted) |
4,305 8,038 1,102 2024-25 adjusted £ 1,102 |
|---|---|