LONDON CORNISH PILOT GIG CLUB
TRUSTEE REPORT
For the Year Ending 31 December 2020
The London Cornish Pilot Gig Club ('The Club') was accepted as a member of its sport's governing body, the Cornish Pilot Gig Association (CPGA), in January 2016 and became a Charitable Incorporated Organisation (CIO) on 27 Nov 2018.
The Club presents its third financial statements as a CIO for the year ended 31 December 2020. The decision was made to form a CIO primarily to take advantage of the separate legal personality and limited legal liability, particularly for trustees.
REFERENCE AND ADMINISTRATIVE DETAILS
Charity name: London Cornish Pilot Gig Club Other names charity is known by: LCPGC and ‘The Club’ Registered charity number: 1180855 Principal address: Arch 2 Richmond Bridge Boathouses, Richmond, TW9 1EW
Charity trustees and office if applicable: Chairman: David Callaghan – until 16 December 2020 Steve Mullen - from 16 December 2020 Vice Chairman: Peter Chalkley Treasurer: Yvonne Baker – until 30 September 2020 Hora Den Dulk – from 16 December 2020 Secretary: Greta Kendall – until 16 December 2020 Elaine Russ – from 16 December 2020 Independent Trustees: David Howard Sean Cunningham Members’ Trustee: Steve Mullen – until 16 December 2020 Lewis Barton – from 16 December 2020
STRUCTURE, GOVERNANCE AND MANAGEMENT
Type of governing doc: Constitution How the charity is constituted: Charitable Incorporated Organisation (CIO) Trustee selection method: By election. Four trustees are ex-officio holding the positions of Chair, Vice Chair, Treasurer and Secretary. One is a non-committee position holding member. Two other trustees are non-members providing an independent element to the trustee board.
LONDON CORNISH PILOT GIG CLUB
TRUSTEE REPORT
For the Year Ending 31 December 2020
OBJECTIVES AND ACTIVITIES
Summary of the objects of the charity set out in its governing document
To promote community participation in healthy recreation by the provision of facilities for noncompetitive and competitive rowing, in particular Cornish Pilot Gigs, for the benefit of the public by the provision of facilities for fixed seat rowing.
Summary of the main activities undertaken for the public benefit in relation to these objects
Since formation and membership of the sport's governing body, the Cornish Pilot Gig Association (CPGA), in January 2016, The Club has grown substantially in membership each year until 2020 when Covid-19 impacted on membership.
It is the primary goal of The Club to offer rowing activities to benefit physical and mental health as well as a strong and inclusive community atmosphere for its members. The Club's main activities have remained the same in the year to 31 December 2020 although these have been curtailed due to the impact of the pandemic in comparison to prior years.
The primary activities of The Club in the year to 31 December 2020, and the prior year, were:
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Running rowing sessions for the physical and mental health benefit of members of the club.
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Providing opportunities and training for members to compete in gig rowing races.
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Providing development opportunities to members including training to become a competent cox.
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To grow the club membership and reach a wider section of the London community, to promote physical and mental health.
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Working with and improving partnerships with other rowing and water-based clubs.
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To promote the sport of gig rowing more generally.
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To address the impact of the COVID 19 pandemic and sustain the welfare of its members and the financial position of the club throughout the suspension of rowing activities and to ensure a safe return to rowing following the lockdown.
LONDON CORNISH PILOT GIG CLUB
TRUSTEE REPORT
For the Year Ending 31 December 2020
ACHIEVEMENTS AND PERFORMANCE
Summary of the main achievements of the charity during the year
To maintain a healthy membership of the club throughout the COVID 19 pandemic and the suspension of rowing activities for most of the year.
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The club conducted a members’ survey which highlighted both positive and negative aspects of the Clubs operations on and off the water. This led to significant work by the committee to address and act upon the feedback from its members. This included a review of the structure of the club governance and committee structure.
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The Club secured Sport England Community Emergency funding to provide essential financial support during the suspension of rowing activities between March and September. The club formed a Return to Rowing group, tasked with managing the welfare and safety of all club members as rowing activities resumed in line with the easing of government Covid restrictions and within guidelines issues by the CPGA and British Rowing. The work of this group and the support of all members to enable a safe return to rowing activity in both Richmond and the Docks should be highly commended.
Trustee Board were fully committed to supporting the Return to Rowing Group and had managed to agree financial arrangements with our members and partners to ensure the club was sustainable throughout the pandemic.
Competitive rowing opportunities were severely curtailed in 2020 due to the pandemic, but the Men’s A crew, coached by Patrick Bird, achieved 14[th] place at the Three Rivers Regatta in Caradon in March 2020.
Our usually busy programme of activities started well with events on 18 January for South East England Gig League (SEEGL) members and on 1 March when we hosted the Stuns’ls Shanty Group who performed at the Clubhouse during their UK tour. All other plans were curtailed by Covid 19 restrictions.
FINANCIAL REVIEW
Reserves policy
The Club has continued to keep a reserve of £1,000 and there has been an agreement to increase this in future as the Club's activities grow. The Club continues to retain 3 months’ rent (£2,250) as an additional reserve to meet this financial commitment, should there be any cashflow issues in the future.
The Club utilised the ringfenced fund of £2,220 from an appeal for funds to buy another gig. This sum was supported by a private donation of £14,000 and £3,402.00 grant received from Richmond Parish Land Charity. The Club’s Trustees authorised a further spend of £8,709 of non-ringfenced funds to complete the purchase of the new gig in March 2020.
LONDON CORNISH PILOT GIG CLUB
TRUSTEE REPORT
For the Year Ending 31 December 2020
The Club secured Sport England Community Emergency funding of £7,500 which covered essential overheads during the Covid-19 lockdown period. This was supported by a further rent-free period for our Clubhouse premises.
The Club implemented a six month freeze on membership fees to cover the period during which rowing was suspended and, through the generosity of a Club member, a hardship fund was established to cover membership renewal fees for NHS and care workers.
Plans for the future
The Club will continue to provide physical and mental health benefits and a strong community atmosphere to its members in both East and West London.
The trustees thank David Callaghan and Greta Kendall who retired as trustees at the December 2020 AGM and Yvonne Baker who retired as treasurer in August 2020 for their hard work on behalf of the Club during their term of office and during a particularly challenging year.
DECLARATION
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees.
Steve Mullen (Chair)
Date: 24 October 2021
London Cornish Pilot Gig Club Independent Examiner’s Report to the Trustees For the Year Ended 31 December 2020
Independent examiners report to the Trustees of London Cornish Pilot Gig Club
I report to the trustees on my examination of the accounts for London Cornish Pilot Gig Club (“the charity”) for the year ended 31 December 2020.
Responsibilities and basis of report
As the charity trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the 2011 Act”).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 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 giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
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the accounts do not comply with these records
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.
Michelle Ferris BSc (Hons) FCA DChA
Albert Goodman LLP Chartered Accountants Goodwood House Blackbrook Park Avenue Taunton Somerset TA1 2PX
Date: 25 October 2021
London Cornish Pilot Gig Club
London Cornish Pilot Gig Club 1180855 Receipts and payments accounts CC16a For the period 01-Jan-20 31-Dec-20 To from
| Section A Receipts and payments | Section A Receipts and payments | Section A Receipts and payments | |||||||
|---|---|---|---|---|---|---|---|---|---|
| A1 Receipts | Unrestricted funds to the nearest £ 2,729 4,424 260 447 132 857 - 150 - - 7,500 16,499 - - - 16,499 |
Restricted funds to the nearest £ - - - - 14,000 - - - - 3,402 - 17,402 - - - 17,402 |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 2,729 4,424 260 447 14,132 857 - 150 - 3,402 7,500 33,901 - - - 33,901 |
Last year to the nearest £ |
||||
| Regattas and events | 2,729 | 18,464 | |||||||
| Membershipfees | 4,424 | 12,244 | |||||||
| Equipment hire | 260 | - | |||||||
| Fundraising | 447 | - | |||||||
| Donations | 132 | 4,666 | |||||||
| Clubhouse appeal | 857 | 1,065 | |||||||
| Bosuns | - | 500 | |||||||
| Merchandise sales | 150 | - | |||||||
| Other Income | - | 2,521 | |||||||
| Richmond Council Grant | - | - | |||||||
| Emergency Lottery Funding - Covid emergencyfunding |
7,500 | - | |||||||
| Sub total(Gross income for AR) |
16,499 | 39,460 | |||||||
| A2 Asset and investment sales, (see table). |
|||||||||
| - | |||||||||
| - | - | ||||||||
| Sub total | - | - | |||||||
| Total receipts A3 Payments |
|||||||||
| 39,460 | |||||||||
Regattas and events |
2,048 | - | - | 2,048 | 12,128 | ||||
| Equipment | 1,000 | - | - | 1,000 | 159 | ||||
| Clubhouse rent | 5,625 | - | 5,625 | 7,500 | |||||
| Clubhouse other costs | - | - | - | - | 4,363 | ||||
| Repairs and maintenance | 1,650 | - | - | 1,650 | 737 | ||||
| Insurance | 1,868 | - | - | 1,868 | 1,813 | ||||
| Health and safety | - | - | - | - | 253 | ||||
| Other costs | 1,236 | - | - | 1,236 | 1,950 | ||||
| Mooringand rental costs | 1,321 | - | - | 1,321 | 3,293 | ||||
| IT costs | - | - | - | - | 146 | ||||
| Subscriptions | - | - | - | - | 310 | ||||
| **Sub total ** | 14,748 | - | - | 14,748 | 32,652 | ||||
| A4 Asset and investment purchases (see table) |
|||||||||
| , Boats |
8,711 | - | |||||||
| Oars | - | 400 | |||||||
| Trailers | - | 194 | |||||||
| SafetyEquipment | - | 99 | |||||||
| Other small items | 806 | - | |||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| **Sub total ** | 9,517 | 693 | |||||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||||||
| 33,345 | |||||||||
| - 7,766 | - 9,986 | 6,115 | |||||||
| - 2,220 | - | - | |||||||
| 19,103 | 19,103 | 12,988 | |||||||
| 9,117 | 9,117 | 19,103 |
CCXX R1 accounts (SS)
25/10/2021
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B4 Assets retained for the charity’s own use B2 Other monetary assets B1 Cash funds |
Details Details Details Total cash funds (agree balances with receipts and payments account(s)) Oars Other small items Current account Details Clubhouse Boats Boats Clubhouse Trailers Seats Safety Equipment Covers Details Accountancy and IE fees Rent and mooring rates Signature Steve Mullens |
Unrestricted funds Restricted funds to nearest £ to nearest £ 9,117 - - - - 9,117 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) Unrestricted 982 Restricted 3,515 Unrestricted 40,480 Restricted 13,447 Unrestricted 3,706 Unrestricted 7,811 Unrestricted 1,070 Unrestricted 1,072 Unrestricted 888 Unrestricted 2,047 Fund to which liability relates Amount due (optional) Unrestricted 840 Unrestricted 2,875 - - - Print Name Steve Mullens |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
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| Date of approval |
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| Steve Mullens | Steve Mullens | 24/10/2021 | |
Signed by one or two trustees on behalf of all the trustees
CCXX R2 accounts (SS)
25/10/2021
2