REGISTERED COMPANY NUMBER: CE014109 (England and Wale5) REGISTERED CHARITY NUMBER: 1178400 Financial Statements for the Year Ended 31st Au ust 2025 for Henle Rowln Club Buffery & Co Ltd Chiltcrn Hou8c 45 Station Rd Henley On Thame5 Oxfordshire RG9 IAT
Henl Club Contents of the Finoncilll Staternet for tbevear Ended 31st Au st 2ts2S Page Report of the Trustees Independent Examiner's Report ststement of Financial Activities Balanee Sheet C#5h Flow Statement Notes to the Cash Flow Statement Notes to the Finaneial Statements 8 to 13 Detsiled St#tcmcnt of Financial Aetiwities 14 to 15
Henl Club tster{ nlltnber.. CL0141119 Re rl ofthe lrnsttes for theYeHr Ended 31st Au ust 2025 The tNstees who are also diTect015 of the charity for the putposes of the Companies Act 2006, present their report with the financial statejnents of the charity for the year ended 3 1st Aiigiist 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Praciice applicable to chariiies preparing iheir acLountb in cl(ldanCe with the FiiiaiiLiiII Reporliiib Standard appliLJble in the UK and Republic of Ireland IFRS 102) (cffcctivc l January 2019}. OWECTIVES AND ACTIIIITIES Objectiwes and aims The Charity's ubjectii'es are.. The promotion of community participation in healthy recreation in particular by the provision facilities for rowing. scullinuF and other sports (facilitie5 means laiid, buildin¥s, equipinent and OlbTani5illbF SPOrtin¥T activitie5). Providing and assisting in providing facilities for SPLlrt, recreation or other leisure time occupation of such persons who have need of such facilities by reason of their youth, age, infinnity or disablernent, poverty or Social and econo]nic circumstanccs i)r for thc public at largc in the intcrc%ts nf social wclfarc and with thc nbjcct of improving the conditiorL8 of life. STRATF.GIC RF.PORT Aehiei'ements and performance Charitable activities Henley Rowin¥F Club IHRC) is one of the oldest rowinbF clubs in the country, havingF been founded in 1839. li became a Charitablc Incorporatcd Organisation on Scptcmbcr 1,2018. HRC 1% a succc8sful, cammunity-focuscd club, to all, based in Henley on Thames. The club's 450 members are aged from 13 to YO. with a wide range of ability and ambition. The junior section of the club, including both boys aiid ¥irls, has been particularly successful over ieceiit yeats at local, national and international levels (%ee Mw.henleyrowingclub.co.iikl. Club facilities include a wide range of boat5 for all leve15 of ability and a well-equipped brym, enablinb year-round training far all mcmbcrs. Inc[$ivity is at thc hcart of thc club's cthns and thc club offcrs Icarn-to-rnw courscs cvcry ycar tor junior and adult begimiers. as well as facilirating rowing, sculling and land iraining tor several local schl)IS. Recognising that for sotne people eost is a barrier to our sport, the Charity is comiiiitted to remol'ing or reducing such barriers by generdting income via means other than subscripiions and fees and by offering support ihrough the Members, Suppurt Fund H,hen appropriate. HRC is an aciive supporter and member of British Rowing and is run eniirely by an enthusiastic team of volunteers. Financial review Financial position Thc financial rK)sition of Hcnlcy Rowing Club ci)ntinuc% to bc ci)n%i8tcnt, with the club in full opcration in 2024-25. Adult Meinbership growth is fuelling an inLrease in Membership fees. fundraising by the members. and the funds Fenerated by tlie associated Trading Coinpany, continue to perfoiin well although events, COTpoiate opportunities and visiting Crew income ¢ontinue to be cancelled by consistently wet weather. The ¢lub has invested in propety improvement to increase ilie corporate proposition for future years io create a sustainable revenue streain. Invcstmcnt continucd in the cnaching %quad to rther support thc aim% of thc club acm.Es thc 11 mcmbcrship. This has decreased the Club's net current assets. from £233,391 to £200,648 during the year, however. the remaining assets leaiie the club with a firm fouiidation gFoiiigF forwai"d. Further inve5tmeiits were made in the fleet for a bTrowinbT Mastets squad and to fulfil the ¢ompelitive aims of the Junior Squads. The Tn]stees look to the future with confiden¢e in the ability of the club n)aintaii) its investment in the fleet, and make iniprovemenis to the property and laLilities over the medium terni. Th¢ a¢tivitics nf our al£1ted trading enmpany.. Hcnlcy Rowing Club Trading Limitcd, g¢n¢rat¢d %uffJ¢i¢nt profit to alltsiv a donation of £33.0(X) to be made to the Club in 2024-25. Overall, the Club has seen the unrestricted funds increase by £20,083 during this year. Page I
Henl Club tster{ nlltnber.. CL0141119 Re rl ofthe lrnsttes for theYeHr Ended 31st Au ust 2025 STRUCTURE, GOVERNANCE AND IIL4NAGEMENT Governing doeument The chariry is controlled by its governing dlxument, a deed of trusL and constitutes a limited company, limited by ataThtee, a5 defined by the Coinpanies ALt 2006. Organisational structure Club (Tovemance The club is a volunteer led organisation managed by a committee consisting of the trnstees elected by members and a Captain Iiion- trtteel also elected by meihberb ii) aLcoidance with the constitution and club bye-laws. Co-opted roleg. it]cluding Welfare, feed into the nnagIng cominittee together with other ad lioc posit10115 as reqiiired. REFERENCE AND ADlINISTRATIvE DETAILS Registered CompAny number CE014109 (England and Wales) Registered Charity number 1178400 Re£istered office Henley Rowing Club Wargrave Road Henley-vn-Thamts Oxfordshir¢ RG9 3JD Trustee5 B Redinan F D Goodwin {resigned 31.8.25) H Tumell M Hall NECMead L Clarke R J Oldfield Gelling (resigned 31.8.25) L Cave NJLFriend Company Secretary M Hall Independent Examiner Mdik Buftery Buffery & Co Ltd C.hiltern House 45 Station Rd Henley On Thames Oxfordshi RG9 IAT Retx)rt of the trustees, in¢Lirporating a strategic report, approved by order of the board of trusrees, as the company director5, on ............................................. and signed on the board's behalf by.. L Cave- Trustee Page 2
eThdtnl EA*miner's Re ori io the Tru%lees of HeDlei Ro1 Club islered number.. CE0141O9 Independent examiner's report to the trustees of Henley Ro)vin% Club ('the Company,) I rewrt to the charity tSteeS on my examination of the accounts of the Company for the yeaT ended 315t August 2025. Responsibilities and basis of report A.% thc charity's trustccs nf thc Cnmpany land al%0 its dircctors for thc purpo%c% of company la.) you arc rc%pon1blc for the prepardtion of the acLounts in aLcordance with the requirements of the Companies Act 20116 ('the 2006 Aet'}. Having satisfied myself that the accoiints of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independeni examination, I repori in respect of my examination ol-your charity's accounts as carried out linder Section 145 of the Charitie5 Act 2011 ('the 2011 Act,). In catrying out my examit]ation I have followed the Dircctinn8 givcn by thc Charity Commi8%ion undcr Scction 14515) Ibl of thc 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 ¢Linfim) thdt I dTll quiililied to uiidertdke the ex<uninatioii becdust l a ineTnbet ol. the Institute ot Chilrteied Accouiitants in Englalld and Wales, which is one of tlie listed bodies. I have coinpleted Iny eXmInation. I confinn that no matter5 lthve come to my attention in connection with the cxamination giving mc cau%c to lieVc.. ccounting records were not kept in respect of the CoinpLY a5 required by Section 386 of the 2006 Act,. or the accounts do not accord with thos¢ records; or the accounts do noi comply I1th the accounting requirements of Section 396 of the 2006 Act other ihan any requirement that the account5 bFiVe a te and fair view which is not a inatter considered a5 part of an independent cxamination., or the accounts have noi been prepared in accordance with the methods and principles Lif ihe Statemeni of Recvmmended Practice for accountinbT and reporting by charities {applicdble tu cliatities piepating their accounts in accordanc¢ with th¢ Financial R¢porting SLqndard appli¢abl¢ in thc UK and R¢pllbli¢ ofir¢land (FRS 1021)- I have no concetn5 and have coine acros5 no other inatteTS Iti coiinection Hqtli tl)e examination to which attention should drawn in thi% rcport in ordcr to cnablc a propcr undcT8tanding of thc accounts to bc rcachcd. Mark Buff¢ry Buffery & Co Ltd C.hiltern House 45 S(ation Rd Ilenley On Tharnes Oxfordshirc RG9 IAT Date.. Page 3
Henl Club Statement of Tr'inancial Aetlvitles for theYeHr Elld 31st Au Ust 2025 31.8.25 31.8.24 Unresirict rund Total Notes INCOME AND ENDOWMENTS FROM Donations and legacies 84,272 112,035 Other tradillg activities Invcstmcnt income Other incoine 243,844 1,158 189.645 2n6 697 Total 329.274 302,583 EXPENDrruRE ON Raising funds Other trading activities 185.652 161.750 185,652 161,750 Charitable activities Administration 123,539 131,523 Total 309,191 293,273 NET INCOME 20,083 9.310 RECONCILIATION OF FUNDS Total funds brought fornvard 1,120,355 1,111,045 TOTAL FUNDS CARRIED FORWARD 1,140,438 1,120,355 Th¢ form partvfth¢sL finanyial siai¢m¢nts Pa¥e 4
Henl Club tster{ nlltnber.. CL0141119 BAlamee Sh(*l 315t A 115t 2025 31.8.25 31.¥.24 Unrestricted (und Total rundg Notes FIXED ASSETS Tangible assets 939,790 886,964 CURRENT ASSETS DebiL)rs Cash at bank 12 46,752 241,367 71,687 209.907 288.119 281,594 CRF.DITORS Arnountb I111]rtg due within one yeai 13 (87,4711 {48,2031 NET CURRENT ASSETS 2(N),648 233.391 TOTAL ASSETS LESS CURRENT LIABILJTJES 1.140,438 1.120.355 NET ASSETS 1,140,438 1,120,355 FUNDS UnrestTiCted fidS 14 1,140,438 1,120,355 TOTAL FUNDS 1,140,438 1,120,355 The charitable company is entit]ed to exeTnption froin audit under Section 477 of the Coinpanie5 Act 2006 for the year ¢nd¢d 31st Allgust 2025. The inembers have not required the company to obtain an audit of its financial sthtements for the year ended 31st August 2025 in accordancc with Scction 476 of thc Companics Act 2(Kl6. The ITUStees acknowledge their iEsponsibilities for la) cn5uring that th¢ ¢haritablc Company k¢cps awounting rccords that Comply with Scctions 386 and 387 of th¢ Companies Act 21X)6 and preparin¥ financial stateinent5 wliich ¥iYe a true and fair i'iew of the state of affairs of the charitable conipany as at thc ¢nd of eaeh financial ycar and of it% .%urplu% or dcficit for cach financial ycar in accordanc¢ with thc requirements of Seciions 394 and 395 and which oilietivise coinply iN'iih the requirements of the Coinpanies Act 2(X)6 relating to financial statements, so far a5 applicable to the charitable company. Ib) The financial statenients were approved by the Board of Trllstees and authorised for issue . and were signed on its behalf by.. on L Cave- Trustee ThL forni partvfth¢w finwial $iai¢m¢nts Pa¥e 5
Henl Club Cgsh Plow Sttment for theYeHr Ended 31st Au ust 2025 31.8.25 31.8.24 Notes Cash flows from operatlng activitles Casli generated froin operations 95,422 53,825 Net cash provided by operating aciiviues 95.422 53,825 Cash flows from investing aetivities Purehasc of tangible fixcd assct Sale of tangible fixed assets Interest received (110,292) 19.120 1,038 {22.1761 697 206 Net cash used in investing activities 190.134) {21,2731 Cash floTrYs from finaneing activities Trading Company 26,172 9,101 Net cash provided by financing activities 26,172 9,101 Chang¢ in cash and cash equivalents i the reportin£ period Cash And £a$h equii'Alents at the beginning of the reporting period 31,460 41,653 209,907 168.254 Cash and cash cquivalcnts at the end of the reporting period 241,367 2(X).907 Thc Th)ics form part of thcsc financial stateincnts Page 6
Henl Club riotes lo the Cash blo SIAtement for theYeHr Ended 31st Au Ust 2025 RECONCILIATION OF NET ILYCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.8.25 31.8.24 Net ineome for the reporting period (as per the Statement of Financial Activities) AdJustents fur- Dcprcciation chargcs Profit on disposal ot fixed assets Intetest Teceived In¢rcas¢ in d¢btors Increase in creditors 20,083 9,310 51,155 (12.809) 11.038) 11,237) 39.268 46,659 (6971 (2061 (5,6271 4.386 Net cash provided by operntions 95,422 53,825 ANALYSIS OF CILINGES IN NET FUNDS Al 1.9.24 Cash flow At 31.R.25 Net cash C()sh at bank 209,907 31,460 241.367 209,907 31.460 241,367 Tot81 209,907 31,460 241,367 Thc Th)ics form part of thcsc financiAI stateincnts Page 7
Henl Club otts to the InanCIal Statements for theYeHr Ended 31st Au ust 2025 ACCOUNTING POLICIES Basis ot'preparing the financial statements The finanLial ststenieiits of the Lhdlitklble comp]Y, which is a public benefit entity under FRS 102, have been prcparcd in accordancc with thc Charitics SORP IFRS 102) 'Acci)unting and Rcpnrting by Charitics.. Statcmcnt ol- Recommended Praciice appliLable to Lharities preparing their accounis in acLordance with the FinanLial Reportin¥ Staiidard applicable in tlie UK aiid Republic of Ireland IFRS 1021 (effective l J311uary 20191,, Financial Reporting Standard 102 'The Firwieial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2(K)6. The financial siaternen(s have been prepared under the hisiorical cost cunvention. Ineomc All incoine is re£ognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the incL)me will be received and the amount Can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or Lonstructive obligation committing the charity to that expenditure, it is probable that a ttansfer of ecoT]oinic benefit5 will be required in settlement and the amount of the obligation can be measured reliably. EX[Endire is accounted for on an aecrnals hasis and has beei) classified under headings thai aggregaie all cosi related to the category. Where cosis cannot be directly atttibuted to particular headings they have been allocated to activities on a basis con515tent with the use of r¢sour¢¢s. Tangible fixed a55ets Depreciation is provided at the following annual raies in order to wriie off each asset over its estimated useful life. Improvements 10 property Rvivin¥s Equipment Crym Equipmcnt Nil rate of depn Str1ght line over 14 yeaT5 200/0 on cost Taxation Thc charity is cxcmpt from corLX)ration tax on its charitablc activities. Fund accounting Unrestricted funds can be used in acLordanLe with the charitable objectives at the disLretion of the trnsiees. Restrieted fi]nds can only be used for parti¢ular restrirted purposes within the objects of the ¢harity. Restrictions arise when specified by the donor or when funds are raised for panicular restrictd purposes. Furthcr cxplanation of the naturc and punx)qc nf cach fi]nd is includcd in the notc% to thc financial statcmcnt8. Hire purchase and leasing commitmeThts Rentals paid under operating leases are charged to the Stsiement L)f Financial Activities on a straight line basis over the petiod of the le¢. Page 8 continued...
Henl Club Notes to the Tr'inancial StAtements- eotttlmued for theYeHr Ended 31st Au Ust 2025 DONATIONS AND LEGACIES 31.8.25 31.8.24 Donation trom Tjading Company Fundraising Other HRC. Events Donaied services and facilities Masters Trailer Fee5 Scat Fccs Tiailet Fees Ot]ier Activities Camps 33,000 4,591 2,095 6.9(K) 1,293 24,55R 5,333 5,504 998 59,396 1,389 6,177 5,742 745 28,659 5,235 4,692 84,272 112.035 OTHER TRADING ACTIVITIES 31.8.25 31.8.24 Mcmber8hip Fees Rack Fees Members Insurance Kit Salc8 Camps and Coaching for members Venue Income 114,640 35,000 1,296 7,627 70,029 15,252 105,097 -32,894 2,448 8,147 25,956 15,103 24.3.844 189.645 INVESTMENT INCOME 31.8.25 31.8.24 Ikposit dCCOUlIt iiiterest S[dry In¢om¢ 1.038 120 206 1,158 206 OTHER TIL4DING ACTIVITIES Licensing Bad debts Bodt & Oai Maintenance Ergo Maintenallce Miscellaneous Rowing Items Ledtn tv Rvw CoaLhing Costs Hall Hire Coaches Training and Courses Menibers Coaching Costs Trailer Maintenallce Seal Fees IHRR Crews} Kit Purchase Launch Mait]tenance Venue Expenditure Boat hiie 2,890 494 15,330 4,737 15,457 1,610 68 20.524 4,165 2,172 58,29.3 4,251 32,561 7.046 3,657 16,139 4,625 2,309 57,436 4,626 35,556 7,810 392 20,377 400 Carried fonward 169.369 153,556 Page 9 continued...
Henl Club Notes to the Tr'inancial StAtements- eotttlmued for theYeHr Ended 31st Au ust 2025 OTHER TRADING ACTIVITIES- contlnucd 31.8.25 31.8.24 Brought fon¥ard Fundraising Costs Tra'e1 Licenses Member Support Paynents 169.369 66 7,524 8,693 153.556 110 3,123 4,411 550 185,652 161.750 CHARITABLE ACTIVITIES COSTS Support osts (see DTre£t Costs Tot915 Administration 58 123,481 123,539 SUPPORT COSTS Finance Administration 117,984 5,497 123,481 NET INCOME/(EXPENDITURE) Net incomel{expenditure} is stated after charging(Lreditingl". 31.8.25 Depreciation- ONed assets Other operating leases SuTplus 01) diswsal of fixed assets 51.155 9,ll2a (12,809) 46,660 9,020 (6971 TRUSTEES, REMUNEIi4TION AND BENEFrrs There were no rrnstees, remunerdtion or other benefits for ihe year ended 3 1st August 2025 nor for the year ended 31st Aubst 2024. Trustees, expenses There were no tn)stees' expenses paid for the year ended 31st August 2025 nor for the year ended 3 Ibt Au¥u5t 2024. Page 10 continued...
Henl Club Notes to the Tr'inancial StAtements- eotttlmued for theYeHr Ended 31st Au Ust 2025 io. COMPAIL4TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donaiions and legacies 112.035 Other trading actiN'itie8 Investment income Other income 189,fv15 206 697 Total 302.583 EXPENDITURE ON Raising funds Other trddin¥ dLtivitits 161.750 161,750 Charitable a¢tiTritie$ Administration 131.523 Total 293,273 NET INCOME 9,310 RECONCILIATION OF FUNDS Total funds brought forward 1,111,045 TOTAL FUNDS CARRIED FORWARD 1,120,355 ii. TANGIBLE FIXED ASSETS Improvements ti? Gym Equipmcllt property Tota15 COST At 1st Septetnber 2024 Addition DisLX)sals 578.003 10,299 1,206,123 97,721 170,750) 69.582 2,272 1,853,708 110.292 (70,7501 At 31 st August 2025 588,302 1,233,094 71,854 1,893,250 DEPRECIATION At I st September 2024 Charge lor year Eliminated on disposal 911,8(M 47.053 164,439} 54,940 4,102 966,744 51,155 (.439) At 31st August 2025 894,418 59.042 953.460 I¥ET BOOK VALUE At 31 st August 2025 588.302 338,676 12,812 939,790 At 31 st Augusi 2024 578,003 294,319 14.642 886,964 Pagell continued...
Henl Club Notes to the Tr'inancial StAtements- eotttlmued for theYeHr Ended 31st Au Ust 2025 12. DEBTORS: AMOUNTS FALLING DUE M'ITHIN ONE YEAR 31.8.25 31.8.24 Trade debtors Amounts owed by group undertakings Prepayments 3,729 39,888 3,135 3,447 66,060 2,180 46,752 71,687 ij. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 31.8.25 31.8.24 Trade creditors Deferred Income AcciWalprOVIsiOnS Dcfcrrcd Dnnation Itricted fund for Thamcsficld and Steward's Trust) 414 56,966 23.624 6,467 2,710 29,586 7.170 8,737 87,471 48,203 14. MOVEMENT IN FUNDS Ncl movemeDI At 31.8.25 At 19.24 irt fvnd4 UDrestrieted futLd5 Gcncral fijnd 1,120,355 20,083 1,140,438 TOTAL FUNDS 1,120.355 20.083 1,140,438 Net movement in funds. included in the aix)ve are as follows-. Inei)ming Tesouice5 Res¢)ureL% expended In tuThds Unrestricted fund5 General tund 329,274 (309.191) 20,083 TOTAL FUNDS 329,274 (309,191) 20.083 Comparatives for movement in funds Nct vemenl Al 31.8.?4 At 1.9.23 In funds Unrestricted funds GeneTal fulld 1,111,045 9,310 1,120,355 TOTAL FUNDS I,111,(145 9,310 1,120,355 Page 12 continued...
Henl Club Notes to the Tr'inancial StAtements- eotttlmued for theYeHr Ended 31st Au ust 2025 14. MOTmENT IN FUNDS- contlnucd Cornparativc nct mov¢m¢nt in funds, includ¢d in thc abovc ar¢ as follows.. Incoming Tisvurvv Resource Movet]Jent pindvd in fund¥ Unrestricted funds General fund 302,585 (293,273) 9,310 TOTAL FUNDS 302,583 (293,273) 9,310 A current year 12 months ai)d prior year 12 months Combined position ib as follows.. ovemeiii At 31.8.25 At 1923 irt funds UDrestrieted funds Gcncral fund I,111,(M5 29,393 1,140,438 TOTAL FUNDS I,I11.(145 29.393 1,140,438 A current year 12 months and prior year 12 months combined net movement in funds, included in the aknve are as follo.&.. Tncornin¥ regiurces Resources expended Movement Unrestrlcted funds General fund 631,857 (602,464) 29,393 TOTAL FUNDS 631,857 (602,464) 29,393 15. RELATED PARTY DISCLOSURES During the year, charitable donations amounting to £33,0(M) were received from Henley Rowing Club Trading Ltd. Page13
Henl Club for theYeHr Ended 31st Au Ust 2025 31.8.25 31.8.24 INCOME AND ENDOWMENTS Donations and legacies Donation from Trading Company Fundrai5in¥ Other HRC Events Donated services and facilities Masters Tr]er Fees Scat Fcc Trailer Fees Other Activitie5 Camps 33,0(XJ 4,591 2,095 6.900 1,293 24,558 5.333 5,504 998 59.396 1,389 6,177 5,742 745 28,659 5,235 4,692 84,272 112,035 Other trading #etivitits Member%hip Fe Rack Fees Meinbers Jnsurance Kit Sales c.amps and c.oaching for members Venue InLoine I14,0 35,0(X) 1,296 7,627 70,029 15,252 105,097 32.894 2.448 8,147 25.950 15,103 243,844 1¥9,()45 Investment income Depusit acLuunt interest Sundry Income 1.038 120 206 206 Other Income G]n on sale of tanbTible fLxed assets 697 Total ineomin% resourecs 329.274 302,583 EXPENDITURE Other trading #¢tivitits Licensit]g Bad debts Boat & Oar Maintenance Ergo Maintenance Miscellaneous Rowing Ttems Learn to Row Coachin¥1 Costs Hall Hirc Coaches Training and Courses Meinbers Codchin¥ C.ostb' Trailer Maintenance Seat Fees {HRR C'.rewsl Ca]ed forWd 2,890 494 15.330 4,737 15,457 1,610 68 20,524 4,165 2.172 58,293 4,251 32,561 142.527 4,625 2,309 57.436 4,626 35.556 124,577 ThiSpagcikS not form part of the sthwtory financi£LI statcmcnts Page 14
Henl Club for theYeHr Ended 31st Au Ust 2025 31.8.25 31.8.24 Other tradIg activities Brought forward Kit Puichase Laich Maintenance Venue Expendittwe Boat hire Fundraising Costs Travcl Licenses Member Support Paynents 142,527 7.1146 3.657 16,139 124,577 7,810 392 20,377 400 110 3,123 4.411 550 66 7,524 8,693 185,652 161,750 Cljaritable actiiryties Postage and Stationery 58 68 Support costs r*lanagement Oiher operating leases Rate5 and water Insurancc Light and heat Telephone & Broadband W&ste Disposal Smiicing cleIllI8 & Hygiene Rcpairs & Maint¢nancc Generdl Administsation Costs Accollntanc}' Fees Other Professional Fees IT Sollware and c.onsumables Rowing Equipment Depreciation Gym Eqiiipment Dcpreciation Loss ijn bale of tgible tixed assets 9.020 3,783 27,586 9.860 864 4,481 2.458 11,221 6,832 240 2,040 1,253 9,020 2,094 26,247 8,673 761 7,477 746 11,092 8,754 612 1,920 785 2,628 41,953 4,706 47,053 4,1()2 {12.8091 117,984 127,468 Finance Bank charges l Barclaycard fee 5.497 3,987 Total rcqourccs cxpcndcd 309,191 293,273 Net 1CoMe 20,083 9,310 ThiSpagcikS not form part of the sthwtory financi£LI statcmcnts Page15