Newbury Canoe aub Annual Report and Financial Statements for the Year Ended 31 May 2024 Newburycanoe aub Contents Reference and Administrative Detalls Statement of Trustees, Responsihilities Trustees. Report Newbury Canoe aub Refere￿e and Admlnlstr*ive Detsils Trustees Mr David Seward IResi8ned 8 Jan 20241 Mr Michael Richman Mr Clive Williams Mr Edmund Cooper Ms Lynne Hutcheon Secretary Mr Richard Carter Prlnclpal Office Newbury Canoe Club, The Wharf, Newbury, RG14 5DF Charlty Re8l$trat5on Number 1180755 Statement of Trustees. ResponslbSlttles The trustees are responsible for preparin8 the trustees, report and the financial statements in accordance with applicable law and regulations. Charitable law requires the trustees lo prepare financial ststements for each financlal year. The trustees must not approve ihe finantial statements unless they are satisfied that they Bive a true and fair view of the state of affalrs of the charitable organisation and of its incoming resources and applicatlon of resources, includin8 its income and expenditure, for that period. The trtsstees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable organisation's transaction5 and disclose with reasonable accuracy at any time the financial position of the charitable organization. They are also responsible for safeguarding the assets of the charitable organisation and hence for taking reasonable steps for the prevention and detection of froud and other irregularities. Approved by the trustees of the charlty on 8 July 2024 an(1 si8ned on its behalf by- ooper. alrman and Trustee Clove Wllllams, Trustee Newbury Canoe Club Trustees. Report The trustees. present the annual report together with the financial statements of the Charltable Incorporated Organisation ICIOI for the year ended 31 May 2024 Oblectlves and acllvltles The objects for which the Club is established a￿.. The promotion of community participation in healthy reCreat￿n for the benefit of the inhabitants of Newbury and the surrounding neighbourhood by the provision of facilities for canoeing Pub15c beneflt Newbury Canoe Club provides facilitles and tralnln8 that enable Indlviduals to experlence the sport of canoein8. Canoeing can contribute towards the health and wellbein8 of individuals through exercise and the contact with the outdoor environment. The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charlty CommSsslon for England and Wales. Achlevements and perfommnce The Income and Expenditu￿ Account shows a105s of £647 during the year. The canoe club has £38,936.92 available. The Trustees are happy that the club membership has grown steadily during the course of the year. The voluntary led three beginners programmes operated throu8h the summer months played a large part In driving the membership increase. The Club has a fledgling Stand Up Paddle Board membership thanks agaln to the efforts of out two volunteer Instructors. The club has purchased a suite of SUP boards and additional be8inner plastic boats. Flnancially the club is Stable with membetship fees covering the basic runnin8 costs and Income from the volunteer or8anised waterside series generating a surplus that allows the club to develop. The clubs boat storage is at capacity and we have received Planning Pemiission for the construction of a new boat house. The trustees are tonfi(Jent that Newbury Canoe Club can look forward with confrflence to continuing the club5 development. New members are bringing new skills and it is good to see that recent members are now taking on leadership roles within the dub. Structure. governance and management Nature of g¢vernSn8 document Newbury Canoe Club INCCI is a Charitsble Incorporated Organisation ICIOI governed by its Memorandum and Articles of Association. registered at the Charitie5 Commission in October 2018. NCC registered as a charity with the Charity Commission on 19 November 2018, Reg No. 1180755. Trustees, Report The annual report was approved by the trustees of the charlty on: 8 Juty 2024 and signed on its behalf by.. Ed Cooper, Chalrman and Trustee Cllve Wlll CHARITY COMMISSION FOR ENGiAND ANO WALES Nawbury Canoe Club 118075S Receipts and payments accounts CC16a For the perfod from 1-Jun-23 31-May-24 To Section A Receipts and payments Unrestricted funds tothe n8ar88t Restricted funds Erldowment funds Totsl funds Lasty•ar to tho n•arèst£ tolh• ne•rgst£ to tho near88t£ tothe neareit£ A1 Recei Memberships and Donab(Y Training and Event rec•pts Bank interest 13,248 23,277 13248 23,277 366 10.356 20,705 63 Sub total (Gross income for ARJ 36.891 36,891 31.128 A2 Asset and Inv•$tm•nt sales, 18Èe table). Sub total 36.891 31,126 A3Pa ments Running ¢ogi$ Equipment Purcha Trainlw and event costs 8uilding Infraslrl￿Ure Msts Oonalion5 10,913 7.2SO 13.636 6.239 soo 10,913 7,250 13,636 5.239 8,914 8,239 10,061 4,385 Sub total 37,$38 37,038 31.559 A4 Asset and Invtsstsnant urehases. se• tsbl•l Sub total 37.538 31.599 Net of r￿eipts/[paYmertts) A5 Transfers betwe8n funds A6 Cash funds last year end Cash funds thls year end 647 647 473 39,564 38.937 39,$84 38.937 40,057 39,56 CCXX R1 accounts ISSI Section B Statement of assets and liabilities at the end of the period Unrestricted lund$ to nearest £ Restrltteil funds to r*are$t£ Endowment lund$ to n8arost£ Catègori•$ Dotalls B1 Cash fund8 Bank Baancés 38,937 Total cash funds 38,937 14Yee b￿Anc•s￿￿￿1Pts￿ paymwl Unrèstrlet¢d fund$ Restrjcted funds to neares1£ Endowmènt funds io nearost £ Details to nearest £ F¥nd towhlch 888Ot bèlon * Currgrtvaluo Detalls Cost (optional) Fund to whlch 888Ot belon Currèntvalvo Dètails Cost loptlonall B4 A$$8ts r•tslned for the charlty's own use Fund towhl¢h l¥te$ Amount due lo1￿1 When due Detalls BS Llabllitlos zza• , S￿ned by one Dr tso trustees on behawof all the trustees Signal re Print Narne Date of roval Ed Cooper 8-Jul-24 Clive Williams 8-Jul-24 CCXX R2 accoun15 ISSI ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the trustees/** Newbury Canoe Club **members of On accounts for the year** 31[st] May 2024 **Charity no** 1180755 **ended (if any) Set out on pages** 1-7 of draft annual accounts and in the supporting evidence provided I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/05/2024. **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 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 which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. **Date:** 21/03/2025 **Signed: Name:** Jacqui Letsome **Relevant professional** Association of Accounting Technicians - Intermediate **qualification(s) or body (if any):** **Address:** 14 Rutherford Close Hghclere RG20 9QD **October 2018** 1 **IER**