ISLE OF ELY ROWING CLUB CIO Registered Charity Number: 1174226 REPORT AND ACCOUNTS FOR THE PERIOD ENDED 31 DECEMBER 2024 Contents Trustee Report Pages 1 to 5 Independent Examiners Report Page 6 Accounts Page 7 Page 8 Notes to the Accounts
Trustees. Annual Report for the period Peri(xl start date toiifrh Jan | I PerKid end dats fj(Jr) Ul From 01 To 31 2024 Section A Reference and administration details Charity name Isle of Ely Rowing Club Other names charity is known by ,'Regi5tered Gharity number (If any) 1174226 Charlty's princlpal address 2 Collier Close Ely Postcodo C86 3WX Names of the charlty trusteos who manage the charity Date8 actsd Fl not for whol8 Offi¢• {Ff aTry} Name of person (or body> •n14U•d Int trustg Ilan Trustee naTh Susan King Te$a Aslett Kasia Brzoska Ghristian Sch051ancl Chair Trustee Ttustee TrLte8 Nicholas Johnson William Bertram Trustee Trustee Names of th# trustees for the ¢harlty, rf any, (for èxampEe. any custodian trustees) Name Dates act8d if not lor wholÈ Names and addresses of advisers (Optional information} of advi$Èr Name Adflress Name ol chlef exe¢Lrtlve or names of senior staff mem bers (Optional infomiation} TAR Mar(* 2012
Section B Structure, governance and management Description of the charlty's trusts Constitution, Sch8rhè of Delegation Type of govatniryj document ¥ deei istllitior How thè chatity is conslitut&Y Chgrilable Incorporated Organisation Trust&8 selection methods [gg. apDThllTeo Dy, elea [. ' Election by mernber5 at AGM Additional governanc8 issues (Optional Informatlon) Members are actively encouraged to support the club by becomlng either a member of thè managemeDt Gornmittee or a trustee. This is done by emai15 to all members on the run up to our AGMS. offering to have a chat wtth those interested and also providrng a link to the Charilies Commis5yon website. Once appointed as a trustee the club has a Tru$te8s' Hahdbook giviThy help and guidan to new trustetts. You may ch£K? to indude add¥tional inforrnation, where relevan( about policies and procedures adopted for the induction and training of twstees., the charity's organi$ational struckuie and any wider network wrth which the charity works; • rel8tion5hip with any related parties- tNstee5' con5ideralion of major risk5 and the system and procedures to manag& The trustees delegate the day-t(Fday rvnnirLg of the club to ttte management cornrnittee (who are elected by the rnembers at the AGM). However, some matters a reserved to the trustees as set OLrt in our constrlLrtion. Ely College holds a corporate m8mbership with the Glub which enables us to support our School Rowing s85sion giving pupils access to our sport through weekly rowing Sessions. Through regular meetings and reporting by the managernent committee the trustees have an active oversight of any risks. Section C Ob'ectives and activities The promotion of community PartÈcipation in healthy reore*"on for the benefit of the inhabitants of Ely and surrounding aieas by the proviston of facilities for rowing. Summary ofthe objects of the charity set out In its 90verning documèllt TAR Mard) 2012
The club's activities for the F)ublic benefft centre aTound three Yna5n th8m8s - Taster Swions and Learn-tROW ¢ournes for the general public, youth coaching and rowing for our Junior memters section, Ely College and East Anglia Youth Rowin9, and coaching and general rowing for our adult members. We ran taster sessions during the Easter holidays for those on the dub's ju nior waiting list. We ran one learn-tO-TOW course for adults in 2024 and hai5 20 peOe attend These courses are open with no restrtction5 to Participatlon and they appeal to a wide range of people. We had our higl)est sign up after this course of 90QA. Summary of the main actlvlties undertaken for the public b8nefft In relation to these objects (Include withln thls section the statutory declaration that truslees have had regard to the guidance Issued by the Charity Comrn is5ion yn publie benefrt) Our work with Ely College (which began in 2018) coth.nues and in 2024 we offered around 32 Students the opportunity to row. Several of these students have gone on to be members and race for the dub. Thè Ely College rowing gets support from Catnbridge University Boat Club as wèll as the Boat Ra Company. There also ha5 been a relatFonship formed between Ely College 8nd Kings Ely School in so far as the college lends Kings Ely a boat and in exchango one of Kings Ely co&ches attenrls the Coljegè wèekday rowing session8 We have also developed links with East Anglia YoLrth Rowing an organisa*"on who helped us run the inspirational days at Cambridge Untversrty Boat Club. Our clufi junior se55Tons take place on Sunday morDings. These are attended by children of all different backgrounds and sporti.ng ability. For adult members we hold coached and sUpeIsed sessions on a Saturclay moming to improve new m8mbers rowing skills aTvJ etsnfiden¢e after they'va graduated from our leam-to-row courses. In addition, we hold timèd rowing sessions monthty. Th85e are well attended not only for those who use it as a training tool for racing but those who are waTrting to challenge thernsalves to improve each rnonth. Thesa sessions are in a(Idition to the regL8r Saturday moming sessions giving members 85 many opportunrties as possible to enjoy their sport. Additional details of objectlves and activitles {Opttonal infomatlon) ContrFbuti n rnade b volu Our club is entirely volunteer led and operated. This extends to membership of the rnanagernent cornmittee, being a tntstee, keeping the srte tidy, running and assith.ng Wkth Goached sessions. DIY job5 aroun the club, coaching. launch driving. . We fijndraise, we run ap rgc6s for the entire raG4ng comrnunlty, the list goes on, Wkth far tcx) rnany to mention. Imthout the regular sUPPOrt of our rnernbers, we simply would not wn. You may ch¢xise to include rther statements. wher8 relevant, aLM)ut: policy on gr8ntrnaking: policy programme relat investrnent: ntrFbulion rnade by volunteers. Section D Achievements and performance TAR M8r¢h 2012
Section D Achievements and performance 1h Summary of the maln achievements of thè charlty durlng the year The club celebrated its 20 anniversary and the memberEhip numbers remain stable We have host&d and rLin th¥0 event5 - th• Head Race Bnd the Great Ouse Marhon in 2024. Both gathered w4de participation from the region and nationwide. We continue to offer rowing opportunities to rnambers whether for competitive rowlng or fjtne5s and social benefits. We have refurbished one of our quadg and three doubles and three 5iThgles this year. We have also bought an eight, a COX four and quad blade5. We ordere(12 new Cailet boat5 for our junior5 last year which artived in 2024 and wer8 partially grant fiJnd. We have continued our schools rowing sèssions bringing rowing to students from state funded education which is such a rare opportunity in the UK. We have Gpntknued to improve our site and have purchased a new lawnmowèr, chairs and 8150 landing Stage matting. We also had a ri)y?I vi51t from the Duke ot Gloucester Section E Financial review The club sets annual budgets to ensure the smooth Tunning of the club ard funds are set aside annually to ensure the continued investrnent in our facilities and equipment for the tserbefft of members. We are ¢urrently writin a reserves olic Brlef stst8ment of the harity's policy on reserthfe5 Details of any f unds matertaEIy In deficlt None Further flrwncial review detalls (Optional Information) The club's principal sources of fvnds ar8 by way of rnembers, annual sub5CriPtions; breakfast sessions: Learn to Row courses and our open ratss <Gre Ouse Marathon & Ely Head Racè). The c5ub is currently Catching up on rafurbishrnents which wer& ddayed following ¢ovid and 50 the club ha$ spent £2.5k more than tt broLFght in this year in clearing the Iiacklog. This year we have therefore eaten into our reseNes by about 1 OOA. We are currently in the process of writing a reseNes policy in order to ¢etail how much we need to have in reservè moving forwards. The Club does not rnake financial Tnvestments but does hold Surplus cash in a savings account with a Nakn"onwid8 8uilding Society wnding purchase of physical assets for use by the club. You may cbo05e to Include addTtional infOat1(. where relevant about. the Charity's prbncipal sources of fvnds {including any fundraising); how expenditure has supported the key objectives of the charity; investment policy and objectives incLuding any 8thical investment policy adopted. Section F Other optional information Section G Declaration Thè truste8s declare that they havo approved the tru5tees' report above. TAR kl2rch 201Z
Signed on b8half of the charity's trustees Slgnature(s> Full name(sl Position leg Secretary, Chair, et¢) ¢A& I A 14QZoSL4 Tllk'sT{ NIGtIILb JMkA Datg 11 /0511015 TAR March 2012
Independent Examinerfs Report on the accounts ot Isle of Ely Rowing Club For the yepr ended 31 December 2024 Set out OTr the followlng p•Ee$ numbèred 7 to 8 Respect(ve responslbllltles of the trustee5 and examlner The charlts truste@5 are re5pon$i ble for the preparation of th accaunts. Th2 chariV5 trustees corisider thBt a n audit is not reguired for thi5 pEriod utpder spction 144 of the Charitie5 Act 20 IL (Thp Cha rities Act) and that an IhdppEndent examination is needed. It15 my re5pon5ibility to: Examlmè thè a¢cDunts v nder section 145 of the Charftles Aet To follow the proce dures lald down the general Directions given by the Charlty CornrTJiS5iori {uncler section 145(5)Ib) of t he CharlllÈs Att To state vihether partlculèr matter5 havo come to my ?ttention. Bas15 of Independent examinerfs statement My Ék31711113tion was cairied out in accordènce wlth eeneral DirectroThs grven by the Charlty CommSsslon. An èX3minatlDn includes 3 review of the accounting r•cor(15 k8pt by the clu b and omp?ri5o n of the èCCQLrnts presented wlth those rEcord5. It a150 incl udes conside ratlon of any unusual items or dr5cI osures ird the accouAts, aAd soèking è%pla nation 5 from the com mittee concernrnE 3 ny Skkth m4tter5. The prOdlIres undertaken do not provbdg alj the evidence that would be requirod in an aud It, and tor154UPr7tIY no opinion is given as to whèiher thE accounts prèsent a 'true and fai¢ view and the report 15 limited to those matters set Q14t ID the statement belgw. Independen:t examfner's statement In connection wit h my Èxam inatian. no matte r ha5 corne to my attènt lon which 8ive5 me reasonable caLFSe to bel leve that in 3 ny matérial r85pect. the requireme nts: to kèEp aecDuntinB r@cDrd5 ID accordance with sectlon 130 of thè Chadtiè5 Act. and to prepar8 acc<)unts which accord wlth the accouhtlng records corrjply with the accou nting requpremeThts of Ihe Char611es Att havè llot bE8n mét: or 2. to whlch, in my oplnltsn, attentlDn Sho ulcl be drawn in order to e nable a proper understa ndinB of the ircount5 to be reached. Nirk Pollinglon Dated: 21 May 202$
Isle of Ely Rowing Club- Charty No 1174226 Accounts 1st J3nyary te 315t Decernber 2024 Unrestrlcted Furbd Re5ttrted Fund5 Toial PrLor Year Retdpts Sub5CTiPtitirts Donaiiofis & lewles m8fflb See5 t)onètions & Lw¢le5 CILstJ op¢iatiDn5 . D(atIO[l5 & Le8aEie5 FundrdLSiN8 . ckniatlons & LegBcie5 dra$inÉ Ot1 Tradin8 Attivitie5 SuètDtol £36,991 £IIW7 É¥402 É2,971 £19,301 £7272 £3A991 £t?.(l7 É¥402 E2.971 £19.301 £71671 £34.201 Ell 113 É4,Pn5 27,121 £0 E78341 and SrNQ5trnEM rEtelpts Irbteie51 £3Ib51 É75.723 £3,051 È7S.723 Totol e[ts EO E78.241 4 PJymeTrts 5ubs¢rtpilons Membei ser44kos Club ope¢tiD FundTrÈ5irt$ £758 É7,534 £32,327 £9,396 Éso,o £758 E7.534 £32,327 É9.396 £50 £0 E&132 £28.187 É9.3DI £45.6ZO Subtotsl A4 455W IrrdÈ$lt purchY4e5 £29,788 £a.397 £33.1 £8¢1# TQtol purnEnts È79J03 E3,397 £S3,2(Xl £S4.123 ¢1ptymentlpts .È4.080 .£3J97 .É7N77 £14.118 A5 Tr4rthr5 bEtweert fuThd& ¥tJ A6 Cash fynds Ixti&Jr end £11&719 £3397 £132.1 £97,99B fvnds #t this ytttr E114,6>9 £0 É114.639 £121116 stBned #Jn bebll 01 tle Tru5Te&, Prirrted Namè kt¥SI A IJ 5i8nEd orh behall of the Tru5tee5 Prlnted N anie Datè
Isle of Ely Rowing Club [registered charty No 1174226) Note5 to account5 01 January to 31 Dember 2024 L Acojyntlng pltsd These accounts cover the 12 months from l January to 31 December 2024. 2. Actountin8 p)Ilttes The Trustees have approved two ft>rrnal accountirbs wlicies: Act¢unts to be ptepared on a reIpts and payments b3sI5. Assets ats defined ag btyats and bladÈs; and other ÈqLJ ipmÈnt costlng £StX) or more. The accounts are analy5ed uDdei the following hEadings; Subscri oris membership sutscriptiorks ard any 3SSOt1at refunds pald by or to members of Ihe clta b. Member services income and costs relating tQ 5ervice5 pr¢vided to members It ak) addilional cost. Clubo eration5 revetbue tts5ts and any asso¢iate¢l income or refuThds relatlng to running the clu b, including sub5criptlVn5 the club p3Y5 to varicws rowins orsani5atiorbS. FuTrdraisI Irtcome and cost5 relating to other 50urce5 Of funds, InclLadlng grants and d(matF0Th5, specific fundraising Bttivities. and organlslng lowing races open to other clubs. Events are now classed as Fundraisin£ other trading for Charity commi55ion only l Restrfcted ftrnds Restricted funds were used to purchèse 2 junior ¢adÈt boats The income and payrnents rlatihg to this are rètorded In the accounts 35 follow5: ie5tricted inrome restricted fund5 th from tlub funds £3,397 re51rlcted expenditure Asset Purchase £3,397 Year*v(f Balance £0 £0