Trustees. Annual Report for the period
Period start date
Period end date
From
Section A
Reference and administration details
Charity name
LYME REGIS GIG CLUB CIO
Other names charity is known by
Registered charity number (if any)
1174427
Charity's principal address
Orchard End
Ware Lane,
Lyme Regis, Dorset
Postcode
DT7 3EJ
Names of the charlty trustees who manage the charity
Trustee name
Office (If any)
Dates acted if not for
whole year
Name of pernon (or body) entitled
to appoint trustee (if any)
1 Tony Colston
Chair
2 George Eyre
3 James Pound
4 Kate Vemon
5 Nicola Moore
Finan
From January 2024
TAR
March 2012

Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name
Dates acted If not for whole year
Names and addresses of advlsers (Optlonal infomiation)
Type of adviser
Name
Address
Name of chief executive or names of senior stsff members (Optional infomiation)
Section B
Structure, governance and management
Description of the charity's trusts
Type of goveming document
CONSTITUTION
How the charity is constituted
cio
Trustee selection methods
ELECTED BY CLUB MEMBERSHIP AT GENERAL MEETING
Additional governance issues (Optlonal infomiation)
TAR
March 2012

You may choose to include
additional information, where
relevant, about:
The charity is run by a Board of Trustees elected by the club membership
under a formal Notice of Delegation.
Day-to-day management is delegated to an Executive Management
Committee
elected annually at the CIO GAMM and confirmed at the AGM.
policies and procedures
adopted for the induction and
training of trustees"
the charity's organisational
structure and any wider
ne￿Ork with which the charlty
The charity operates within the framework of the Comish Pilot Gig
Association ("CPGA") which in tum operates wrthin the framework of
British Rowing.
relationship with any related
parties;
trustees, consideration of
major risks and the system
and procedures to manage
them.
The Trustees nomially m￿t formally four times a year.
The Trustees continuously review actSVities and plans of the Executive
Management Committee.
Each Trustees takes responsibility for a key area of Club operations.
Key areas being". Finan￿. Health and Safety, Operations, Training and
Welfare.
Section C
Objectives and activities
Summary of the objects of the
charity set out in its governing
document
Our objective is to promote Community participation in healthy
recreation by providing facilities for sea rowing for the benefrt of the
general public.
TAR
March 2012

The Club's activities advance amateur sport for all age groups (Ages 7
through to mature 80 year olds).
Summary of the main actlvitles
undertaken for the public
benefit in relation to these
objects (include wlthln this
section the ststutory
declaration that trustees have
had regard to the guidance
Issued by the Charity
Commission on public benefit)
The Club owns 6 Comish Pilot Gigs which are configured for six rowers
plus a cox and a Skiff which accommodate two rowers.
Rowing sessions are run several times a week throughout the year,
weather and safety permitting. Gig rowing has become a popular team
sport throughout the South West and further afield, "Open. racing
regattas are organised by the club which also participates in events
held by others, notably the World Championships held in the Isles of
Scilly each Spring.
Additional details of objectives and activities (Optional infonnation)
Membership continues to be open to all. The Club, where necessary,
will
provide financial assistance to members experiencing financial
hardship
who are on low incomes.
You may choose to include
further statements, where
relevant, about:
policy on grantmaking.,
policy programme related
investment.
No grants are made by the Club.
Club operations are carried out entirely by volunteers.
contribution made by
volunteers.
A continuous effort is made by the Executive Committee to identify key
areas for further development and support of our members. in support
of our charitable objectives.
Despite the setbacks during the COVID 19 pandemic the Club has
continued to recover well In 2023- 2024, The Club has achieved a
full training schedule on the water, promoting the sport of gig rowing at
club regattas and participation in both the 2024 World Championships
and more local club based regattas.
TAR
March 2012

Section D
Achievements and performance
TAR
March 2012

Section D
Achievements and performance
The Club has introduced single membership subscription to
remove weather dependent income, remove the ne￿ssty for
cash collection and allow more stable financial base.
The Club has set up a new bank account to allow changes in signatories
to be more easily managed.
Summary of the main
achievements of the charlty
during the year
Relationships have been established with local schools with the
objective of introducing the sport to more youngsters and bringing
them through the club ranks.
The management structure has been improved to facilitate
decision making, accountal)ility and communication
A role has been created with a club member responsible for
building relationships with local sponsors and supporters to widen
promotion of the Club locally and to increase income streams.
The Club has sought and secured participation in a travel log
series on national TV. The number of social media channels has
been increased
The Club has revised the induction scheme for managing new
members. The Club has proactively engaged wrth communty to
remove any perceived barriers to entry.
The Club has accelerated the number of competent coxes but is
looking to improve on this effort substantially.
The Club has created a membership database.
A 10-year new lease has been negotiated for the boathouse and
GRP storage facility at Monmouth beach.
The Club has actively engaged wtth local landlord to look to
secure long temi future for the Club's gym and maintenance shed.
The club participated in the 2024 IOS World Championships,
scoring very creditable results in a number of classes.
The club has entered numerous other regattas during the year and
frequently achieving highly placed results.
The club organised its own Masters age group regatta in May and
an open regatta in August providing a fantastic days racing and
spectacle in Lyme Bay.
Equipment has b￿n repaired, replaced and updated where
ne￿Ssary.
A new wooden racing gig has been constructed and participated in
the 2024 World Championships.
TAR
March 2012

Section D
Achievements and performance
The club has worked with the local Scouts and schools to recruit
junior members.
The club has a >person skiff for use by its members and actively
promotes skiffing for juniors.
In line wrth CPGA policy the club continues to support U25s in
regattas.
TAR
March 2012

Section E
Financial review
The club presently has £32,700 of total cash of which £5.000 is currently
allocated to resepie and which can only be used at the discretion of the
Trustees, The level of reserve is kept under constant review given the
level of club activity and the broad risks that it fa￿s.
Brief statement of the charlty's
policy on reserves
Details of any funds materially
in deficit
None- the Club has repaid £5000 in loans made to the Club from a
number of members.
Further financial review details (Optlonal infomiation)
You may choose to include
additional information. where
relevant about:
the charity's principal
sources of funds (including
any fundraising)-
how expenditure has
supported the key objectives
of the charity;
investment policy and
objectives including any
ethical investment policy
adopted.
The club's principal sources of funds are membership fees, and donations
received from local patrons and businesses. The club seeks to engage in
a positive way with the local community.
Section F
Other optional information
The Club has a strong ethos and a strong management team. The nature of the club is that members join
with a variety of professional and personal skills and the club seeks to leverage this wealth of knowledge
through involving members in the running and development of the club.
The club is in a good financial position and with a body of experienced and successful rowers is well
positioned for the future.
Section G
Declaration
The trustees declare that they have approved the trustee5' report above.
Signed on behalf of the charity's trustees
TAR
March 2012

Signature(5)
Full name{s)
Anthony John Colston
Posltlon (eg Secretsry.
Chalr. etc)
Chair of Lyme Regis Gig Club
CIO Trustee5
Date
TAR

**Lyme Regis Gig Club** Independent Examiner’s Report to the Trustees For the Year Ended 30 September 2024 

## **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 2024. 

## **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: 25/11/2024 



i CHARITY COMMISSION
iok, rNOI ANO ANI) WAI rs
Receipts and
ments accounts
Forthe period
from
0111012023
To
3010912024
CC16a
Section A Receipts and payments
Unrestricted
funds
toth• riur•8t
Restricted
funds
Endowment
funds
Totsl funds
Last year
to the neorest £ j ,' to the nearmt £
to the nearest £
to tho near•gt £
A1 Recèipts
Membership subscnptsons
Rowng & Gym Fees
Fundraislng induding from dub
regattas
DonatlOn5 & Sw)nsotship
Regatta fees & c4)ntrybutions
Interest
Loans trom Members
2S.314
6.050
2S,314
6.050
11.880
8.951
11.983
7.196
1,558
278
11.983
7.196
1.558
278
5,913
4,341
970
93
Sub total(Gross income for
AR)
52,378
52,37
37.148
A2 Asset and investment sales,
{see table).
Sale of trailer
Sale of.stomif0r￿,
Sale of RIB
Sale of Oars
Sale of coachin
3.2S0
ui
ment
Sub total
260
3,060
260
313
4,$63
Total receipts
55,438
55,438
41,711
A3Pa
Moonng & Launch Fees
Comish Pilot G￿ Assofyabc￿ percapita
1,412
1.412
610
1￿74
1.074
705
Rental of gig shed. gym & maintenance
shed
Repai[5 & Fna1ntena￿￿ of equipment
a(Jministrats"on inc training
Insurance & Professional F8es
2,088
2.687
2,823
6,192
2.08$
1.580
3,099
3,666
4,608
2.823
5.192
maintena￿ of he31th & safety 4uiprnent
Minor equipment purchases
Fundraisin9 Costs Induding oxt of dub
attas
Cost of attending"awdY' rwattas
Repayrnenl of loans
Inte￿$t on Joans
1,530
880
1.530
755
71
6.262
2,148
s.000
189
31,2
6,262
2.148
2,091
1,830
189
31,2
Sub total
19,015
A4 Asset and Investment
purchase8. (88e table)
Oar5 & ThrAe Pin5 Icr R(AMng G*Js
1,730
1,730
1.743
Part PayThenltOWdrds nvwKoden gig
VHF radios
Road trailer
Solar Power for Gig Shed
Gym equipment
14,000
14,000
18.500
2,SOO
399
21.142
Sub total
20.57
20.57
Totsl payments
51.854
51,854
40.157
Net of receipts/(paym8nts)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
acLoun
1,SS4
29,215
32.799
29.215
32,799
27,661
29.215
££s

Section B Statement of assets and liabilities at the end of the period
Unrestrictsd
funds
to near¢st£
Endowment
funds
Restricted fund8
to nèar•st£
B1 Cash funds
Currtnl A¢eounl
Metro Bank
itAccount
Metro Bank
32.LN)O
Handelsbanken
200
Total cash fiinds
32.799
(89￿ bal8rthswth [￿￿1pts and pawnenlsl
unK$)I
Unrestrlcted
funds
Endowment
fund8
to n￿reSt £
Restrictsd funds
to n8or•st £
to nearest £
B2 Other monota
assets
Currerrt value
loptlonall
asset belongs
Cost loptlonall
B3 Investment assets
Fund to whlc
agset belongs
Current value
loptionAII
Cost loptlonall
B4 Assets retained for the
Gharitys own use
Boats
untestrieted
161,600
unrestnct8J
25.0(K
Trolle
s and trailers
unmstridgd
15,900
shed
unrestricted
50.006
othero
t￿nal
unrestricted
S,650
ment
unrestncbl
16.634
Fund to which
Ilthlty relatss |
unrestncted
¥llhen due
loptionall
Amount du• l0Oionall
B5 Liabilities
IrKJepwthnt Examfjners Fe8
SYJne(I by one or tsvo Iruslees on
behaK of all the trustees
Date of
roval
nature
Print Name
OLP4
li
CCXX R2 accounts {SSI
1911112024