Trustees. Annual Report for the period To Perkjl date D￿01 10 Yepr2n Pl[V￿ 09 YeHr ?fti?2 Charity name LYME REGIS GIG CLUB CIO Olher names charity 1$ known by Rogistor8d charity nurnber (rf any) 1174427 Charitys principal address Orchard End Ware Lane, L￿ne Regis, Dorset DTT 3EX Names of the charity trustees who manage the Charlty Datss aci•d il not fryTNJhdE Name of peT50n lor bodyl entilled to appolnt trust&e Ilf any) Offke lrfanyl Chair l Tony Colston 2 George Eyre 3 Andrew PocY)L* Finance Thfough 1V Sept8mber Since 11￿ September 2023 James Pound 5 Kate Vemon Marojs Dixon Through 11th September 2023 10 12 13 14 15 16 17 18 19 20 Names of the trustees for thè charity. rf any. (for example, any custodian trustees) Narne Dates athd rf not for whole ar TAR 21112 Names and addresses of advlsers (Optional Information) e of adviser Name Address Name of chief executive or names of senior stsff members {Optional infomiation) Description of the charity's trusts Typ8 of goveming document CONSMTUTION How the charity is constituted cs0 Trustee selection methc*Js ELECTED BY CLUB MEMBERSHIP AT GENERAL MEETING Addltlonal governance issues (Optional infomiation) The charity is run by a Board of Tnjstees elected by the dub m8mbership under a fonnal Notice of Dolegalion. You may choose to Induda additional infomation. vthere relevart 8bout: poliues and procedures adopted for the induction and tralning of trustees; the charity's organisational strucbJre and any wider networt( ￿th whith the d)aiity Day-tO￿aY management is delegated tr) a Management Cornmittee elected annually at Ihe CIO GAMM and c￿nfirned at the AGM. The chatity operates wthin the framework of the Comish Pilol Glg ASSOCtati￿ ("CPGA-) which in lum operates within the framework of Bribsh Rthving. The T￿￿tee$ rM)rmally meet formaEly four times a year. relatbonship wilh any relaied parties: trustees, consideration of major rtsks and the system and procedures to manage them. The Trustees continuousty review activitie5 and plans of the Management Committee. Each Trustees takes resp)nsibilty for a key area of Club operations. Key areas being: Finance. Health and Safety. Operations. Training and Welfare. Summary of thè oblècts of th• charity set out in tts 9overning document Our objective is to promote Communty participation In healthy recreatton by providing facilth.es for sea rowing for the benefft of the general publi Summary of the rnain aetlvltles undertaken for the public benefft in relation to these TAR Marth 2012 objects {include within thls Sgction the statutory declaratlon that trustees have had regard to the guidancg issued by thg Charity Commission on public benefit) The Club's activities advan(* amateur for all age groups (Ages 7 through to mabjre 80 year olds). The Club owns 5 Comish Pilot Gigs which are cKJnfigured for six rowers plus a cox and 2 Skiffs which accommodate rowers. Rowtng sessions are run several times a week ihroughout the year. weather and safety permitti'ng. Gig rowing has become a poputar team sport throughout the South West and furthei afield, 'Op8n- racing regattas are organise(I by the club which also parttcipates in events hekj by others. notably the World ChampFonships held in the Isles ol Scilly each Spring. Addltional detalls of objectives and adivities (Oplional information} Membership cth)tinues to be open to all. The Club. where necEssary. WFII pr(Ivide financial assistan￿ to membws experiencing finan(¥al hardship who are on low in￿￿Tres. ¥ou may choose to indude further statements. where relevant. about: No grants ar8 male by the Club. policy on grdntmaking. policy programme related investment-, contributton made by volunteers. Club operations are carrted otrt entirely by volunteers. A new Slrategic Plan is in development pla￿ identifying key areas for fijrther development and support of our mernbets. The purpose ofthe plan being to &nsur8 that we meet Our charstabie objecttves. AIttK)ugh the COVID 19 pandemic frustrated our plan we have continued to recover well in Ihe wiod 2021-2022 a full scale teturn to training on the water, promotion of the sport of gÈg rowrng al dub regattas and paFtiupation in both the 2022 World Championships arnj wnore SLKal dub Surnmary of the main TAR MeMbe￿hIp has siabilised followkng the Pandemic Marth 2012 achievomants of tho charity during the year There has been a fows on youth rowing and in parbcular the eSta￿lsh￿￿￿I of a Devetopment Crew. Relationships have been establishad with I(￿1 schools wilh the objective of intrrxluung the SFM)rt to more youngsters and bringing them through the dub ranks. The club has participaled in the establishment of an Indoor Rowrng Centre in Lyme Regis and has helped the provision of equipmenL The club parttc4patgd in the 2023 IOS World Championships. scoring very creditable resutts ift a number of dasses. as a resutt the dub has (exceptionally) Lwi invited to send two gigs to the 2024 event. The club has entered numerous other regattas during the year and frequenty achieving highly placed results. The club organised its own mast￿ age group regatta in May and rovtding a fan12stic (Jays rac#ng and spectade in Lyme Bay. Equipment has been Fepaired, repEa￿d aTxI wxlated where ￿e[￿sary. The club is investing in a wÈbsit8. A new wooden raong gig has been Commission￿ and is (￿[renty under t￿$t￿CtiOn al the Lyme Boat Building Academy. A revtew has been undertaken of the equipinent owned by the dub a5 a result ofwhich our ageing RIB has teen sold. we have also soid two sets of oats which were surplus to requiremerlts, s also hope to sell our rowng skrff. All funds realised have been reinvested into to the club. Brfef statement of the TAR The dub presently has £29.215 of tr)lal (ash of which £5,000 is CU￿endY allocated to reserve and which can only be used at the discretion of the March 2012 charity's poll¢y on reserves Trustees, £15,600 is also reserved f(K the balance ofthe cost ofthe new wooden racing gig and oars. The level of reserve is kepl under o)nstant Feview given the ￿ve1 of dub a¢tivtty and the broad Tisks that it faces. Details of any funds materfally in deficlt The club a￿Epted £5000 in loan from a numLw of membgrs towards the cost of the new gig. this will be repaid gradualty over the next few years as funds [￿lt. aside from thi5 the dub is ￿Trenty well funded. Further financial review detalls (Optional infomiation) The dub's ￿'nCipal swrces offunds are membership fees, rowing & gym fees and donations received from local patrons and businesses. The club seeks to engage in a wbve way the local community. You may choose to indude additional information. where relevant about: the charity's principal sources of funds (including any fiJndraising}-. how expenditure has supported the key objectives of the chaTity" investment policy and objectives induding any ethical investment pdicy adopted. Section F Other optional information The Club has a strong ethos and a strong management team. The nature of the dub that members join WTLh a variety of professK)nal and personal sktlls and the club seeks to18verage this wealth of knowledge through involving Tnembers in the njnning and development of th8 dub. The dub is in a g(￿ financial p0S￿On and of experienced and suc(Essfvl rowers is well positionèd for the fulure. Tho trustees declare that they have approved the trustees. report above. Slgned on behalf of the chaTity's signa￿Te{S) Full nam8lsl Anthony John Colston Posltlon (gg Secretary, Chair. etc) Chair of Lyme Regis Gig Club CIO Tn¢stees Date 3r(kn- 20 TAR March 2012 **Lyme Regis Gig Club** Independent Examiner’s Report to the Trustees For the Year Ended 30 September 2023 **==> picture [179 x 41] intentionally omitted <==** ## **Independent examiners report to the Trustees of Lyme Regis Gig Club** I report to the trustees on my examination of the accounts for Lyme Regis Gig Club (“the charity”) for the year ended 30 September 2023. ## **Responsibilities and basis of report** As the charity trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the 2011 Act”). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner’s statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or 2. the accounts do not comply with these records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Michelle Ferris BSc (Hons) FCA DChA Albert Goodman LLP Goodwood House Blackbrook Park Avenue Taunton Somerset TA1 2PX Date: 8 October 2023 CNARtrY COMMISSION . FOR ÈN6LAtIP Allow￿E5 Receipts and ments accounts To CC16a Fortt* PEriul 0111rmz2 Section A Receipts and payments Unrestricte lunds Restricted Endowment fu Total funds La$ty•ar ttstheng*gst£ A1 RE¢ Fee8 •.961 5,913 741 4341 970 6A70 93 37,148 ARJ 37.148 sa￿ of RIB 8kofOa sa￿ of Guachin 3250 uwent 313 J13 41. 41.711 33.wz A3Pa ments •14 001 756 3.769 3.826 755 71 755 71 ¢ostrfOJb IC•1 3.331 1647 Sub totsl 19.fr15 19.fr15 24.614 1.743 1,748 5.412 Sub lotal .142 21.142 ).157 40.15T 3S,201 N•tof receip￿{￿ymeVtsJ Cash funds this 25215 27h61 Section B Statetnent of assets and liabilities at the end of the period Unrestricted RpstrictEEI funds Endowment B1 Cash funds 252 62to *7.618 29215 fur￿$ CufYetttv41u• ¢hartty's own use 14&977 5.650 16 B5 Llabllttle8 Of112fa023 MKJ2Q024 31n312Tr2J Pnnt Name Dale of oval