**REGISTERED COMPANY NUMBER: CE014109 (England and Wales) REGISTERED CHARITY NUMBER: 1178400**
## **Report of the Trustees and**
## **Financial Statements**
**for the Year Ended 31st August 2024**
**for**
## **Henley Rowing Club**
Buffery & Co Ltd 2 West Street Henley On Thames Oxfordshire RG9 2DU
**Henley Rowing Club**
## **Contents of the Financial Statements for the Year Ended 31st August 2024**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**||6||
|**Cash Flow Statement**||7||
|**Notes to the Cash Flow Statement**||8||
|**Notes to the Financial Statements**|10|to|15|
|**Detailed Statement of Financial Activities**|16|to|17|
**Henley Rowing Club (Registered number: CE014109)**
## **Report of the Trustees for the Year Ended 31st August 2024**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st August 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES Objectives and aims**
The Charity's objectives are:
The promotion of community participation in healthy recreation in particular by the provision facilities for rowing, sculling and other sports (facilities means land, buildings, equipment and organising sporting activities).
Providing and assisting in providing facilities for sport, recreation or other leisure time occupation of such persons who have need of such facilities by reason of their youth, age, infirmity or disablement, poverty or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the conditions of life.
## **STRATEGIC REPORT**
## **Achievement and performance**
## **Charitable activities**
Henley Rowing Club (HRC) is one of the oldest rowing clubs in the country, having been founded in 1839. It became a Charitable Incorporated Organisation on September 1,2018. HRC is a successful, community-focused club, open to all, based in Henley on Thames. The club's 450 members are aged from 13 to 90, with a wide range of ability and ambition. The junior section of the club, including both boys and girls, has been particularly successful over recent years at local, national and international levels (see www.henleyrowingclub.co.uk).
Club facilities include a wide range of boats for all levels of ability and a well-equipped gym, enabling year-round training for all members. Inclusivity is at the heart of the club's ethos and the club offers learn-to-row courses every year for junior and adult beginners, as well as facilitating rowing, sculling and land training for several local schools.
Recognising that for some people cost is a barrier to our sport, the Charity is committed to removing or reducing such barriers by generating income via means other than subscriptions and fees and by offering support through the Members' Support Fund when appropriate.
HRC is an active supporter and member of British Rowing and is run entirely by an enthusiastic team of volunteers.
Page 1
**Henley Rowing Club (Registered number: CE014109)**
**Report of the Trustees for the Year Ended 31st August 2024**
## **STRATEGIC REPORT Financial review**
## **Financial position**
The financial position of Henley Rowing Club continues to be consistent, with the club in almost full operation in 2023-24. Membership fees, fundraising by the members, and the funds generated by the associated Trading Company, continue to perform well although events continue to be cancelled by consistently wet weather and increases facility management requirements.
The Trustees worked with the coaching team to identify the key equipment requirements to ensure all squads were catered for with new equipment, timing on agreements means these purchases moved out to the 2024/25 season however . Investment continued in the coaching squad to further support the aims of the club across the full membership. This has increased the Club's net current assets from £199,597 to £233,391 during the year, however, the remaining assets leave the club with a firm foundation going forward. The Trustees look to the future with confidence in the ability of the club maintain its investment in the fleet, and make improvements to the property and facilities over the medium term.
The activities of our associated trading company, Henley Rowing Club Trading Limited performed better than previous years in 2023-24. The income from Henley Open Events events, learn to row courses and junior summer camps, visiting athletes, and the income from car parking and camping during the Henley Royal Regatta provided a good level of income. Weather conditions led to the cancelation of one of the two annual Henley Open Events in November 2023. The Events co-ordinator improved Corporate Event activity and engagement again through the year and a dedicated Visiting Crew liaison ensured revenue from this area was maximised once river conditions had improved. The overall Trading Limited activity generated sufficient profit to allow a donation of £59,400 to be made to the Club in 2023-24.
Overall, the Club has seen the unrestricted funds increase by £9,310 during this year.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **Organisational structure**
Club governance
The club is a volunteer led organisation managed by a committee consisting of the trustees elected by members and a Captain (non- trustee) also elected by members in accordance with the constitution and club bye-laws. Co-opted roles, including Welfare, feed into the managing committee together with other ad hoc positions as required.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
CE014109 (England and Wales)
## **Registered Charity number**
1178400
## **Registered office**
Henley Rowing Club Wargrave Road Henley-on-Thames Oxfordshire RG9 3JD
Page 2
**Henley Rowing Club (Registered number: CE014109)**
## **Report of the Trustees for the Year Ended 31st August 2024**
## **Trustees**
B Redman F D Goodwin H Turnell M Hall N E C Mead L Clarke R J Oldfield Gelling L Cave N J L Friend
## **Company Secretary**
M Hall
## **Independent Examiner**
Mark Buffery Buffery & Co Ltd 2 West Street Henley On Thames Oxfordshire RG9 2DU
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on ............................................. and signed on the board's behalf by:
........................................................................ L Cave - Trustee
Page 3
**Independent Examiner's Report to the Trustees of Henley Rowing Club (Registered number: CE014109)**
## **Independent examiner's report to the trustees of Henley Rowing Club ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st August 2024.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Mark Buffery
Buffery & Co Ltd 2 West Street Henley On Thames Oxfordshire RG9 2DU
Date: .............................................
Page 4
**Henley Rowing Club**
## **Statement of Financial Activities for the Year Ended 31st August 2024**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**Charitable activities**
5
Administration
Other trading activities
3
Investment income
4
Other income
**Total**
**EXPENDITURE ON**
**Raising funds**
Other trading activities
6
**Charitable activities**
7
Administration
**Total**
**NET INCOME**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|31.8.24
Unrestricted
fund
£
112,035
-
189,645
206
697
302,583
161,750
161,750
131,523
293,273
9,310
1,111,045
1,120,355|31.8.23
Total
funds
£
146,603
636
256,630
2
-|
|---|---|---|
|||403,871|
|||221,500|
|||221,500
131,183|
|||352,683|
|||51,188
1,059,857|
|||1,111,045|
The notes form part of these financial statements
Page 5
**Henley Rowing Club (Registered number: CE014109)**
## **Balance Sheet**
|**31st August 2024**
Notes
**FIXED ASSETS**
Tangible assets
12
**CURRENT ASSETS**
Debtors
13
Cash at bank
**CREDITORS**
Amounts falling due within one year
14
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
15
Unrestricted funds
**TOTAL FUNDS**|31.8.24
Unrestricted
fund
£
886,964
71,687
209,907
281,594
(48,203)
233,391
1,120,355
1,120,355
1,120,355
1,120,355|31.8.23
Total
funds
£
911,448
75,160
168,254
243,414
(43,817)
199,597
1,111,045
1,111,045
1,111,045
1,111,045|
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
.............................................
L Cave - Trustee
The notes form part of these financial statements
Page 6
**Henley Rowing Club**
|**Cash Flow Statement**
**for the Year Ended 31st August 2024**
31.8.24
Notes
£
**Cash flows from operating activities**
Cash generated from operations
1
53,825
Net cash provided by operating activities
53,825
**Cash flows from investing activities**
Purchase of tangible fixed assets
(22,176)
Sale of tangible fixed assets
697
Interest received
206
Net cash (used in)/provided by investing activities
(21,273)
**Cash flows from financing activities**
Trading Company
9,101
Net cash provided by/(used in) financing activities
9,101
**Change in cash and cash equivalents in**
**the reporting period**
41,653
**Cash and cash equivalents at the**
**beginning of the reporting period**
168,254
**Cash and cash equivalents at the end of**
**the reporting period**
209,907|31.8.23
£
155,127
155,127
(6,535)
14,500
2
7,967
(23,706)
(23,706)
139,388
116,663
168,254|
|---|---|
The notes form part of these financial statements
Page 7
**Henley Rowing Club**
## **Notes to the Cash Flow Statement for the Year Ended 31st August 2024**
|**1.**|**RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM**|**OPERATING ACTIVITIES**|**OPERATING ACTIVITIES**|
|---|---|---|---|
|||31.8.24|31.8.23|
|||£|£|
||**Net income for the reporting period (as per the Statement of Financial**|||
||**Activities)**|9,310|51,188|
||**Adjustments for:**|||
||Depreciation charges|46,659|48,181|
||Profit on disposal of fixed assets|(697)|(1,478)|
||Interest received|(206)|(2)|
||(Increase)/decrease in debtors|(5,627)|42,863|
||Increase in creditors|4,386|14,375|
||**Net cash provided by operations**|53,825|155,127|
## **2.**
## **ANALYSIS OF CHANGES IN NET FUNDS**
|**Net cash**
Cash at bank
**Total**|At 1.9.23
£
168,254
168,254
168,254|Cash flow
At 31.8.24
£
£
41,653
209,907
41,653
209,907
41,653
209,907|Cash flow
At 31.8.24
£
£
41,653
209,907
41,653
209,907
41,653
209,907|
|---|---|---|---|
||||209,907|
||||209,907|
The notes form part of these financial statements
Page 8
**Henley Rowing Club**
**Error Messages from the Cash Flow Statement for the Year Ended 31st August 2024** ** LAST YEAR - MOVEMENT IN CASH AND CASH EQUIVALENTS AS CALCULATED IN CASH FLOW STATEMENT DOES NOT AGREE TO MOVEMENT PER BALANCE SHEET COMPARE MOVEMENT ON CASH FLOW STATEMENT 139,388 TO MOVEMENT PER BALANCE SHEET CASH AND CASH EQUIVALENTS 51,591
**Henley Rowing Club**
**Notes to the Financial Statements for the Year Ended 31st August 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Nil rate of depn Rowing Equipment - Straight line over 14 years Gym Equipment - 20% on cost
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
continued...
Page 10
**Henley Rowing Club**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31st August 2024**
## **2. DONATIONS AND LEGACIES**
|Donation from Trading Company
Fundraising
Other HRC Events
Donated services and facilities
Masters Trailer Fees
Seat Fees
Trailer Fees
Other Activities
Camps
**3.**
**OTHER TRADING ACTIVITIES**
Membership Fees
Rack Fees
Members Insurance
Amazon Fees
Kit Sales
Camps and Coaching for members
Venue Income
**4.**
**INVESTMENT INCOME**
Deposit account interest
**5.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Seat Fees
Administration
Trailer Fees
Administration
**6.**
**OTHER TRADING ACTIVITIES**
Licensing
Boat & Oar Maintenance
Ergo Maintenance
Miscellaneous Rowing Items
Learn to Row Coaching Costs
Hall Hire
Vehicle Hire, Fuel and Ferries
Coaches Training and Courses
Carried forward|31.8.24
£
59,396
1,389
6,177
5,742
745
28,659
5,235
4,692
-
112,035
31.8.24
£
105,097
32,894
2,448
-
8,147
25,956
15,103
189,645
31.8.24
£
206
31.8.24
£
-
-
-
31.8.24
£
2,890
15,457
1,610
68
-
4,625
-
2,309
26,959|31.8.23
£
68,502
18,804
6,839
3,191
341
30,519
4,300
10,962
3,145|31.8.23
£
68,502
18,804
6,839
3,191
341
30,519
4,300
10,962
3,145|
|---|---|---|---|
|||146,603||
|||31.8.23
£
100,484
34,614
3,201
20
9,794
88,031
20,486||
|||256,630||
|||31.8.23
£
2
31.8.23
£
588
48
636
31.8.23
£
2,024
14,949
3,259
680
3,941
4,329
283
55,703
85,168||
||||85,168|
continued...
Page 11
**Henley Rowing Club**
## **Notes to the Financial Statements - continued for the Year Ended 31st August 2024**
## **6. OTHER TRADING ACTIVITIES - continued**
|Brought forward
Members Coaching Costs
Trailer Maintenance
Seat Fees (HRR Crews)
Kit Purchase
Launch Maintenance
Venue Expenditure
Boat hire
Fundraising Costs
Travel
Licenses
Member Support Payments
**7.**
**CHARITABLE ACTIVITIES COSTS**
Administration
**8.**
**SUPPORT COSTS**
Administration
**9.**
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets
Other operating leases
Surplus on disposal of fixed assets|Direct
Costs
£
68
Management
£
127,468|31.8.24
£
26,959
57,436
4,626
35,556
7,810
392
20,377
400
110
3,123
4,411
550
161,750
Support
costs (see
note 8)
£
131,455
Finance
£
3,987
31.8.24
£
46,660
9,020
(697)|31.8.23
£
85,168
36,077
6,866
39,896
10,419
361
26,918
-
50
9,085
4,328
2,332
221,500
Totals
£
131,523
Totals
£
131,455
31.8.23
£
48,180
9,020
(1,478)|
|---|---|---|---|
## **10. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31st August 2024 nor for the year ended 31st August 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31st August 2024 nor for the year ended 31st August 2023.
continued...
Page 12
**Henley Rowing Club**
## **Notes to the Financial Statements - continued for the Year Ended 31st August 2024**
## **11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Administration
Other trading activities
Investment income
**Total**
**EXPENDITURE ON**
**Raising funds**
Other trading activities
**Charitable activities**
Administration
**Total**
**NET INCOME**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**12.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1st September 2023
Additions
At 31st August 2024
**DEPRECIATION**
At 1st September 2023
Charge for year
At 31st August 2024
**NET BOOK VALUE**
At 31st August 2024
At 31st August 2023|Improvements
to
property
£
578,003
-
578,003
-
-
-
578,003
578,003|Rowing
Equipment
£
1,190,256
15,867
1,206,123
869,850
41,954
911,804
294,319
320,406|Gym
Equipment
£
63,273
6,309
69,582
50,234
4,706
54,940
14,642
13,039||Unrestricted
fund
£
146,603
636
256,630
2|
|---|---|---|---|---|---|
||||||403,871|
||||||221,500|
||||||221,500
131,183|
||||||352,683|
||||||51,188
1,059,857|
||||||1,111,045|
||||||Totals
£
1,831,532
22,176
1,853,708
920,084
46,660
966,744
886,964
911,448|
|||||||
|||||||
|||||||
|||||||
|||||||
continued...
Page 13
**Henley Rowing Club**
## **Notes to the Financial Statements - continued for the Year Ended 31st August 2024**
## **13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade debtors
Amounts owed by group undertakings
Prepayments
**14.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Net Amount Owed to Members
Deferred Income
Accrued expenses
Deferred Donation (restricted fund for Thamesfield and Steward's Trust)
**15.**
**MOVEMENT IN FUNDS**
At 1.9.23
£
**Unrestricted funds**
General fund
1,111,045
**TOTAL FUNDS**
1,111,045
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
302,583
**TOTAL FUNDS**
302,583
**Comparatives for movement in funds**
At 1.9.22
£
**Unrestricted funds**
General fund
1,059,857
**TOTAL FUNDS**
1,059,857||31.8.24
£
3,447
66,060
2,180
71,687
31.8.24
£
2,710
-
29,586
7,170
8,737
48,203
Net
movement
in funds
£
9,310
9,310
Resources
expended
£
(293,273)
(293,273)
Net
movement
in funds
£
51,188
51,188|31.8.23
£
-
75,160
-
75,160
31.8.23
£
1,831
1,031
24,232
6,611
10,112
43,817
At
31.8.24
£
1,120,355|31.8.23
£
-
75,160
-
75,160
31.8.23
£
1,831
1,031
24,232
6,611
10,112
43,817
At
31.8.24
£
1,120,355|
|---|---|---|---|---|
||||1,120,355||
||||Movement
in funds
£
9,310
9,310
At
31.8.23
£
1,111,045|Movement
in funds
£
9,310|
|||||9,310|
||||1,111,045||
continued...
Page 14
**Henley Rowing Club**
**Notes to the Financial Statements - continued for the Year Ended 31st August 2024**
## **15. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
403,871
403,871|Resources
expended
£
(352,683)
(352,683)|Movement
in funds
£
51,188|
|---|---|---|---|
||||51,188|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.9.22
£
1,059,857
1,059,857|Net
movement
in funds
£
60,498
60,498|At
31.8.24
£
1,120,355|
|---|---|---|---|
||||1,120,355|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
706,454
706,454|Resources
expended
£
(645,956)
(645,956)|Movement
in funds
£
60,498|
|---|---|---|---|
||||60,498|
## **16. RELATED PARTY DISCLOSURES**
During the year, charitable donations amounting to £59,400 were received from Henley Rowing Club Trading Ltd.
Page 15
**Henley Rowing Club**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donation from Trading Company
Fundraising
Other HRC Events
Donated services and facilities
Masters Trailer Fees
Seat Fees
Trailer Fees
Other Activities
Camps
**Other trading activities**
Membership Fees
Rack Fees
Members Insurance
Amazon Fees
Kit Sales
Camps and Coaching for members
Venue Income
**Investment income**
Deposit account interest
**Charitable activities**
Seat Fees
Trailer Fees
**Other income**
Gain on sale of tangible fixed assets
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Licensing
Boat & Oar Maintenance
Ergo Maintenance
Miscellaneous Rowing Items
Learn to Row Coaching Costs
Hall Hire
Vehicle Hire, Fuel and Ferries
Carried forward|**Detailed Statement of Financial Activities**
**for the Year Ended 31st August 2024**
31.8.24
31.8.23
£
£
59,396
68,502
1,389
18,804
6,177
6,839
5,742
3,191
745
341
28,659
30,519
5,235
4,300
4,692
10,962
-
3,145
112,035
146,603
105,097
100,484
32,894
34,614
2,448
3,201
-
20
8,147
9,794
25,956
88,031
15,103
20,486
189,645
256,630
206
2
-
588
-
48
-
636
697
-
302,583
403,871
2,890
2,024
15,457
14,949
1,610
3,259
68
680
-
3,941
4,625
4,329
-
283
24,650
29,465|**Detailed Statement of Financial Activities**
**for the Year Ended 31st August 2024**
31.8.24
31.8.23
£
£
59,396
68,502
1,389
18,804
6,177
6,839
5,742
3,191
745
341
28,659
30,519
5,235
4,300
4,692
10,962
-
3,145
112,035
146,603
105,097
100,484
32,894
34,614
2,448
3,201
-
20
8,147
9,794
25,956
88,031
15,103
20,486
189,645
256,630
206
2
-
588
-
48
-
636
697
-
302,583
403,871
2,890
2,024
15,457
14,949
1,610
3,259
68
680
-
3,941
4,625
4,329
-
283
24,650
29,465|
|---|---|---|
||||
|||146,603
100,484
34,614
3,201
20
9,794
88,031
20,486|
|||256,630
2
588
48|
|||636
-|
|||403,871
2,024
14,949
3,259
680
3,941
4,329
283
29,465|
This page does not form part of the statutory financial statements
Page 16
**Henley Rowing Club**
|**Other trading activities**
Brought forward
Coaches Training and Courses
Members Coaching Costs
Trailer Maintenance
Seat Fees (HRR Crews)
Kit Purchase
Launch Maintenance
Venue Expenditure
Boat hire
Fundraising Costs
Travel
Licenses
Member Support Payments
**Charitable activities**
Postage and stationery
**Support costs**
**Management**
Other operating leases
Rates and water
Insurance
Light and heat
Telephone & Broadband
Prior Year Adjustment
Waste Disposal
Servicing
Cleaning & Hygiene
Repairs & Maintenance
Building Improvements
General Administration Costs
Accountancy Fees
Other Professional Fees
IT Software and Consumables
Rowing Equipment Depreciation
Gym Equipment Depreciation
Loss on sale of tangible fixed assets
**Finance**
Bank charges / Barclaycard fee
Total resources expended
**Net income**|**Detailed Statement of Financial Activities**
**for the Year Ended 31st August 2024**
31.8.24
31.8.23
£
£
24,650
29,465
2,309
55,703
57,436
36,077
4,626
6,866
35,556
39,896
7,810
10,419
392
361
20,377
26,918
400
-
110
50
3,123
9,085
4,411
4,328
550
2,332
161,750
221,500
68
36
9,020
9,020
2,094
1,589
26,247
25,031
8,673
6,166
761
1,017
-
7,780
7,477
3,913
746
385
11,092
11,464
8,754
4,282
-
546
612
317
1,920
5,640
785
1,190
2,628
-
41,953
44,037
4,706
4,144
-
(1,478)
127,468
125,043
3,987
6,104
293,273
352,683
9,310
51,188|
|---|---|
|||
This page does not form part of the statutory financial statements
Page 17