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 Staterne￿t 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(l￿danCe 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£￿1￿ted 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- trt￿teel also elected by meihberb ii) aLcoidance with the constitution and club bye-laws. Co-opted roleg. it]cluding Welfare, feed into the n￿nagIng cominittee together with other ad lioc posit10115 as reqiiired. REFERENCE AND AD￿lINISTRATIvE 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 Ro￿1 Club islered number.. CE0141O9 Independent examiner's report to the trustees of Henley Ro)vin% Club ('the Company,) I rewrt to the charity t￿SteeS 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%pon￿1blc 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