OpenCharities

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2022-12-31-accounts

Names ofthe chari ty trustees who ma nage the charity
Trwstee name Ofhce gfany) ,Dates.acted ifnot for whole
ear
Name of-person (er body) entitied
toa
oint trgetee 8
Teresa Aslett Chair
WIiam 'Bertram Trustee
Kasia Brzoska Trustee
Emma Eisey Go-opted Trustee 31-1222 Trustees
Nicholas Johnson Trustee
Susan King Trustee
Names ofthe trustees forthe charity„ ifany, (forexample, any custodian trustees)
Elates acted ifnot for whole ear
Name s and addresses ofadvisers (Optional
information)
T
e
ofadviser Name
Address
Name ofchief executive or names of.senior staff members {Optional informationj

Description ofthe charity's bus ts
onstitution,
Scheme of Delegation
ow the charity is constituted Chan able Incorporated
Grganisabon
Trustee selection methods Eleison by mern~
at AGM
Additiondl
governance
issues (Optional
information)
You may choose to include
additional
information,
where
relevant,
about:
',Members
are actively encourage
to support
the club by becoming
either
'a member
of the management
committee
or a trustee.
This is done
by
emails to all members
on the run up to our AGMs, offering to have a chat
with those iriterested
and also providing
a link to the Charities Commission
policies and procedures
adopted forthe induction
and
website.
Ones appointed
as a trustee
the club has a Trustees'
Handbook
giving
training
oftrustees;
help and guidance to new trustees.
o
the charity's
orgahisational
structure
and any wider
network
wflh which the chanty
works, '
The
trustees
delegate
the
day-to-day
running
of the
club
management
committee
(who are elected
by the members
at. the
However,
some matters
are reservid
to the trustees
as set out
constitution.
to
the
AGM).
in our
~
relationship.
with any related
parties;
~
trustees'
consideration
of
.Ely Village
College
holds a corporate
membership
wiN the club which
enables us to support our College Rowing session
givirig students access
to our sport t'hrough
weekly rowing sessions,
major risks and the system
and procedures
to manage
them.
Through
regular
meetings
arid reporting
by the management
committee
the trustees have an active oversight
ofany risks.
1 ~
The promotion
of community
participation
in healthy
recreation
for the
benefit ofthe inhabitants
of Ely and surrounding
areas in particular'
by the
Summary ofthe objects ofthe provision offacilities for rowing.
charity set out ln its
governing
document
Summary ofthe main
achievements
ofthe charity
during the year
VVe have continued
to grow post-Covid.
We have introduced 35members ofthe comrriunitg
to rowing
We continue to offer rowing opportunities
to members whether
for
competitive
rowing ar fitness andIsocial benefits.
We have invested
in both boats 8 coaching equipment 5subsidised
sports coaches' qualifications 8 safety iaurich
driving courses.
We have continued
to grow our Ely College rowing sessions bringing
rowing to students
from state funded education
which is such a rare
opportunity
in the UK,
We have improved
our site facilities.
We have run one ofour open races which have not run since pre-Covid.
Briefstatelnent ofthe
charity's
policy on reserves
The club does not have security of tenure
at om current
site, we are
exploring options to cbange this and we therefore xmgfence an amount of
club funds to enable
us. to yroceed
should
the circumstances
change.
However, we do set annual budgets to ensure the smooth running
ofthe
club and
continued
investment
in our equipment
for the beneGt
of
members.
Details ofiny funds materially
in deficit
None
Further financial
review details
(Optional
information)
You may choose to include
additional
information,
where
relevant about:
e
the charity's
principii
sources affunds
Oncluding
The club's, principal
sources
of funds are by way of members'
annual
subscriptions,
breakfast sessions;
Learn to Row courses x2 and our 2 x
open races (Great Ouse Marathon
8 Ely Head Race). Unfortunately,
the
first ofthese events had to be cancelled.
However,
our Head Race ran
successfully
and helped to increase club funds considerably.
any fundraising); The operational
activities and fund raising
generated
a surplus
of funds.
how expenditure
has
supported the key objectives
ofthe charity;
The club used those surpluses
to invest
in developing
the club.
This
provided
an add5onal
coaching
launch,
a coxless quad
and a double
scull + refurbishment
of single scull = all of which supported
our: aim to
run more coached sessions
for ail members
8 the learn to row courses
~
investment, policy and
objectives including
any
ethical investment
policy
adopted.
for members
of our community
who have no prior experience of rowing.
The
new
hunch
was a gamechanger
in this.
VVe
invested
in a
professional
re-build of our website making
iteasier to communicate
with
ail members
and
tci share
more
information
between
members.
We
completed
work on our changing
rooms
including
installation
ofa new
toilet.
We also provided
practical
support
for 3 new coaches
through
their training 8 launch driving quallca6ons.
The club does not make financial
investments
but does hold surplus cash
in a savings account with a Mutual
Building Society pending
pu~rchase of
h
ical assets for use b the club.
on behal f ofthe charity's trustees
Signature(e)
.Full name(s) Kasia Brzoska
Position (eg Secretary, Trustee
Chair, et@)
Date '
'28 May 2023

Unrestricted itestricted Tetai
funds funds funds year
Al Reo8lpts
Subscriptions f307397 fO f30,397 f26,610
Member services f8,788 XO f8,'788 f7,836
Club operations. f3,067 fO f37067 61217
Fundraising f13,473 f0 f13,473 fl1j896
.Subtotql f55,725 fO f55,725 f47,559
A2.Aiset -and investment sales fO f0 fD f200
Total:receipts 555,725 .f55,725 547,758
5ubscriptions f8 f16
Member services f5,158 fOi f5,163 f12731
Club operations f24,529 f24,529 f18,979
Fundraising f4„394 f4,394 f2,120
Subtotal f3'4,084 fO f34,084 f225846
A4Asset and investment purchases f17,682 f2,600 f20,282 f5,377
Tatal payments 651,766 f2,600 754888 , E28,225
Net ofpayrnenfs/receipts f3)959 -f2,600 f1,359 f19,'536
A5Transfers between funds -f1,600 f1,600
ASCash funds Iast year end f95,639 f1,000 f96,639 f77,103'
Cash funds at this year end f97,998 fO f97,998 f96,639