All Aboard Youth Rowin ort of the Trustees nd Unaudited Financial Statements For the Ye8r Ended 31 Au ust 2025 Registered Charity Number: 1176153 A:1 At]O:.If(l Ya¢.1￿4 Ros%inq Contents of the Financial Statements nde IAU ust 202 Paga Roport of Iho Trust¢os Independenl Examinorfs Repcrt Stal¢rnontof FiD6ncial Acti￿￿e$ Sl¢li¢mont of Flnanclal Posilion Notes ki the Flnancial siatemcnts Dotailod Statomgnt of Financial AdiYiii¢s 10 16 e Truste For Yoar En st 2025 The trustees present their rep)rt with the financial statements of the charity for the year ended 31 August 2025. T1￿ trustees have adoprted the provisions ofAcwunting and Raporting by Charities: Statement of Recommended PraGtiGe applicable to charities prep8ring their accounts in aw)rdan(* with the Financial Reportlng standard (FRS 102). In shaping our objectives for the year and ￿annIng activitles. the tsustees have considered the Chartty Commission's guidance on public benefit, induding the guÉdance 'publlc benefit: running a Ch￿lty (PB2)' The charity. Ail Aboard Youth Rowing {AAYR>. was Irwor￿ as a Charltable Incorporated Organisatlon on T De￿rnber 2017 and thi8 report covers the year ended 31 August 2025. Tho Charlty Is govemod by Its constitthlon. AAYR continued to work In wa￿ingtOn with Warrington Rowing Club, M6rseyside wtth LNerwol Vlctoria Rowing Club, Northwich with Northwlch Rowing Club. Geater Manchester with Ag&(xoft Rowing Club, Runcorn with Runcom Rowing Club. and Norlh Staffordshlre with North Stafft)rdshire Rowing Club. .ObJe￿VeS and Alms of the Chaiity The Charlty's aim is to enhance the lives of dlsajvanlaged children Ihrough the pow￿ of SkX*t, rK)tably ro￿.￿g. Flnance The main funders of Ihe tharity are The Hènley Stewards Chaiitable Trust and British Rowing. Other funding Ss generated thrcwgh fvndraising acuvities and donabons. Durlng tho year the Income of Ihe Charity has remain&l slabla. In establishlng Its reserves polw and in identifying the continued future of the charity a8 a going concem. the Trustees take into ac{￿nt Ihe followin9 Irrfomiation: l. its risk asse&8ment 2. its business continuity pl8n 3. Its budgets 4. aveilable grants 5. its level of reserves With this in mind th8 Trustees alm to maintain a level of reserves which would allow the Charty to meet its obligations for an ac￿jeMiC year were an 0￿rty wind down of actlvities requlred. All Aboard Youth Rowing rewnises that the planned reduction of funding from our main Spons￿ represents the greatest rtsk to the Gharity. and the charlty is taking m@asures to diversfy income sources by attracting increased external donations and grdnts. Trustees This year, ttie trustees met on four (X(2slons and we wdcomed our newest trustee Richard Davis-Boreham Actlvltles Our participants leam to row on the water and also on indoor rowing mathines. This enables us to ¢4)ntlnue our activitsès during the wlnter months and periods of Indernent wealher. Our Indoor Rowlng Event in Ihe winter was well received. Unfortunately, this y8ar the London trip to NJIRC became a vlrtual ev8nt bLrt was thoroughly enjoyod by all who parlicipated. The summer regatta look place in Juty and was a great success. St Edwards schod in Oxford wera keen tr) Start an outreach programm8 to help dlsadvantag&l students and provtded 8 3 ntght stay for 10 of our students providlng accommlxlation. food and coachlng. Thls was e great suclrss. We have a Post Graduate student from Uverpool John Moores unive￿Ity continuing wlth e more in deplh study into the work that wa do and she is quantfytng our work In a way that will hO￿fUllY demo￿te the positive Impact it has on our students and help to attract more fundng. Contscts AAYR continue to liaise with several LwJdie4 such as Henley Stewards Charitable Trust, Live Wire . And slgned on its behalf by: Elalno Nesbitt Chair of Twstees All Aboard Youth Rowlng Charlty Number 1176153 CHARITY COMMISSION FOR E￿LAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees l Aboard Youth Rowng On accounts for the year ènded 31 August 2025 Charity no 1176153 Set out on pages 8t016 I report to the twstees on my examination of the ae£ounts of the above charity (Yhe Trusf) for the year ended 31 August 2025. Rosponsibilrtios and basTS of report As the chariVs lJustees. you are responsible for the prepardtion of th8 accounts in accordan￿ with the r8quirements of tt)e Charittes Act 2011 ('the A￿). I report in respect of my examination of the Trust's accounts ¢arri8d oui under section 145 of the 2011 Act and in carrying out my exatnination, I have followed all the applicable Directions given by the Charity Commission under section 145(5Xb) ofthe Act. Independent The charitys gross income ex￿eded £250,000 and l am qualifled to examlnerfs statement undertake the examination by being a qualifièd mèmber of the ICAEW. I have completed my examination. I confiTm that no material matt8rs have come to my attention in cDnnection %Mth the examination which gives m6 cause to believe that in. any material respect". the accounting records were nol kept in accordance with section 130 of the Charities Act. or the accounts did not accord with the accounting records: or the accounts did r￿t comply vmlh the applicable requirements conceming the fomi and Gontenl of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fairf view which is not a matt&r considered as part of an independent examination. I have no Goncems and have (x)m8 across no other matters in connection WTth the exarnination to whith attèntion should b8 drawn in this report in order to enable a proper urvjerstanding of th8 accJ)unts to be reached. Date: 0910612026 Namo: Frederick Nomian Relevant professional qualrfication{s) or body (rf any}: ACA Address: 5 Brooklands Placa Sale M33 3SD All AtrJ8rd YoLrth Rowin Section Disclosure Only complete if the examiner needs to highlight material matters of concem (see CC32. Independent examination of Gharity accounts: directions and gui¢Jance for examiners). Givg here brief detalls of any Items that the 8xamlner wishes to dlsclose. Nothing to disdose statement of Financial Activities for the Year Ended 31 Au ust 2025 Unrestrieted funds 202412O2S Restrlcted funds 202412025 Ttstal funds 202412025 Note Incomo from DonAlitsns 'Accounting and Reportln9 by Charits"es= Slatement of Recommended Prt¢liCe 8pplicable lo chafilies prepwing th8lr accthinis In 8cc¥rd8nce witi) the Financial Reportlno $18ndafd gppli¢able in tho UK ond Ropublic of Ireland (FRS f02). Financlal Rewriing Standard 102 The Financlal Rcportlng Stsndard op￿ICable In ihe UK and Republic of Ireland, and Ihe Charitles Act 2011. The financial slalements have boen prepared under Ihe hisloilcal c¢)51 conventTrQn. Th8 financiol sl?lemo.nls are prepared in sterting, whith fs tho fundK)nal Cu￿OncY of thp charity and moneta(y amounls ar¢ rounded10 the nearesl £1. Income All income18 reeounised in Ihc S12lcmpnt of ￿￿8n¢T81 Adivilios onto tho ¢harlly has oni¥ilomenl to tlie funds: il is prob8ble thal Ihe Income wlll bB received and the anknint can rrteatsure(t mEobly. Expèndltuya Ll8bilfti¢s gre Tecognised 8$ oxpondilur8 as 8C*)A as therè is 8 loyal or constructivo bligatiott committing the oharity to Ihal expenditwe, it 1$ probable ihata transfer of economlo benefits wtll be mouirad ltt soitlement and the amouni of ttie Dbllgaiion carn ba ie&sur¢d rèliably. Expendilure is 8CGuunted for on an 8CCfUt?Is bc2SiS Ijnd hu5 bo.cft ¢lassifi&d U{￿er headings th*t sggregate all cost r¢lateiJ to the ¢ategory. Where costs canriot (Sirecuy attributed to P3rti¢ular headings Ihey have been allocated to OCiivlti¢$ • basis conylylent wilh the use of resour¢e& Taxtstion Tho charity Is exempi from ts)x on lis charitable activities. Fund accountlng Vnrestrtcted funds be utiod In occor(lance v¥Eth tht•. charlloble obJediv¢s at the discfetion of tlie t(USle.es. R6strlcted lunds ire subject to Specif￿ resl¥ic4ivè coylilions imposed by the donors. Transfers ￿tweeTr funds can be made from unrestricted fuThJs10 financ8 a deficil on a r¢st17Cteé prOj￿t whoro the r8str￿d incomg re¢¢fv￿ is insullic*nt to coy8r Ihe toL?I expendilure. Penslon Costs and other p05tietirement benefits The chatity operales a dcfined ¢onfribulion pension Scheme. Cohtributions payable to th charitys penston scbemts aro ¢haroed to the Statemgnl of Firfr8ncial A¢tivÈties In ihe pèriod to which Ihey relaie. 11 Goin9 ¢on¢om The trustee5 havo rovitswed budgels a¥KI cash now and (x>nsi(Jer Ihe cliarity to be a ooino eoncem forat least 12 months from the dato ot approval. Prlor perlad adjustment Comparativc flgurcs for thc year ended 31%IAugu8t 2024 have beon rostaled to ro¢lassi Coltsin Incom& Items ￿tween he*Jings wlthin Incoming resources in ￿der lo Improve consistency wilh the presentation 8d¢¥ied in the Cufrenl yeclr. The reslatement affecled the classification of prior year income bolween In(JivKlual Income ¢otGgoiios only and did not affoc nèt movoment In the funds tolal fiJnd8 broughl fOr￿rd, or lolal fijnds carried fon￿ard A￿OrdInglY, thero w85 no iinpact fyh the clwitys ￿pOrted surphjs or not assets. 2. Income from donations and grants IlnrestrfGted funds 2024125 6.022 1..fj86 Restrlcted lunds 2D24125 Tots funds 2024125 6.022 1.586 195.234 202.842 Donauons Rocraiyod Donatlons Gr#DIs I￿.350 Gfants re¢6iv¢d from". klenl&y Royal Regatta CT- HRRcf Fund¥ Tesco coupons Brii4sh Rowing Brit15h Rowing W8rYinoton Vollmtary Associatic Les S¢rine ESC LoElery Fund Bluespark Foundation 142.500 142.500 1.000 35.ODQ 2.QOQ 4,15S 85D 9.188 540 195,234 1.01)0 35.000 4.156 850 9.188 540 14,884 180.350 Unrestrleted funds 2l123124 2.985 Restricted funds 20231Z4 Tttal funds 2023124 2,985 Donation? Re¢olv¢d Donations Grants 215.150 21 Jf.150 216 510 219,495 ' 1,360 Granis recèived froin Henley Royal Regatta CT- HftRCT Funthng Brllish Rowln Brifjsh Rowin9 123,150 gD.WO 2,CQO 123,150 CIF 1,360 215.150 216,510 12 AII AtJO¢lffl YrAil4 RJwiiKI In¢omè from charltsbl¢ actlYltFos 2024125 70.925 70.925 2023124 Inwme from sd)ods conlribution 4. Income from olherteadlng acllvltles 2024125 2022124 4,719 5,760 232 666 5,275 12,030 700 10,926 Fundiai61ng - Annual Diftnef OEher Revenu6 Fundraising SponBorshly 5. Expendlture on charltable actlvities 202412026 202312024 78,938 64,872 9.900 15,878 19,940 28.714 23,250 23,750 71,2 86,214 4,301 2,877 440 Coacl)ing Rowing Club Paymonts Klt Itowing Cli* Fe s<￿a￿les Indoor ComJ)etiiioA School Re9atla St Edwards Camp Ttx¥61 Analysis by fund Unresiri¢ied lunds Restrlcted thnds 202412025 2023120Z4 45,729 7,934 180 350 215.150 226,079 8. Expenditiiré on raising funds 202412025 Fundra￿kn9 Team 202412025 202312024 25,907 12 All Abnafd Yo'"Ili Ro'.v.ino 7. Support C¢JSts 202412025 202312024 24,072 19.547 1.120 3,689 SurKEry IT Costs 3,1A14 00 24,228 Logal 8. Ro¥tn~¢t•d funds 2024r2025 202412025 202412025 Closin9 Balante Restricled FurKI Incomo Expendit4JTO 141600 (fj42.5QO) 35,000 (35.UOO) IOOD (iooo) {850 HRRCT flJndFng Schemo Svppryt Brlttsh Rowing Salaries Brltish Rowing E*enl Support Indoor championships School8 Regatta Support Medals & trophy Toi£tl 60,350 202312024 202312024 202312024 Clos¥ng Balancp Restricte(l Fund HRRCT lunding Brtb'sh Rowing Brifish Rowii 8ritish Rowin9 Brltlsh Rowing Total Purposo Sd)eme Support Grant for youlh rowM>J Salaries LJMU Students Émploymertl cost8 Irwme Expen(lilur6 123,150 (123,150) 40.0130 (40.000} 000 (35.000) 2,0(K) 11000) lor.000 215.150 g. Trustee paymènts No Iwstee ￿￿1ved any femtjneraflon (x benefjts fn>m the charity. 14 All A.wu Y(yJlli RoK'.v.g qO.Staff costs Employe& costs s8lan.es {includlng employer Nl and cnwloyer pension costs) 2D2412025 202312024 86,214 Employee nurr4Jers Number Numbè No 8mpkJyee received rttmunoratlon exc8erfino £60.4))0. 41. Dobtors and prepayments No trade debtors or prerwmenls al ye8r eThJ. 12.Creditors and gccruals- amtsunts falling due withSn one yoar p￿r0E1 liab￿•11￿¥ 202412025 2Q2312t124 13.Tanglbltt fixed assets The chaiity held fx) fvAed assots at 31 Avgust 2025. I&Moyement In lund8 Nel Mgvomont in Funds ¥ £7,023 Ilnrestrlcted funds runds bfought forward Not movement In fund$ Surplus caffi¢d forward- unreÈtricle