BRISTOL ARIEL Rc)I,IllNG CLUB
VIS IJNI IA kc)RIIC)R
Bristol Ariel Rowing Club
Trustees Report and Financial Statements
Period 01 April 2022 to 31 March 2023
Charity Number: 1185174

Bristol Ariel Rowing Club
Report 01 April 2022 to 31 March 2023
The ￿pOrt covers the period from 1° April 2022 until the end of the club's financial year on
31 March 2023.
Reference and Administrative Details:
Charity name:
Alternative name..
Bristol Ariel Rowing Club
BARC
Charity registration number:
1185174
Address:
Bristol Ariel Rowing Club
Pump House Lane
Brislington
Bristol
BS4 4RQ
Trustees:
John Wallace Filor
Emma Hall
Catherine Ann Greig Treasurer (until 07-10-2022)
Philip Andrew Moore Treasurer {from 07-10-2022)
Geoffrey Howe Lester President
Lisa Sargeant
Captain
luntil 07-10-2022)
Accovntants:
Linden Accountants
Scrapstore House
21 Sevier Street
St Werburghs
Bristol. BS2 9LB

Bristol Ariel Rowing Club
Report 01 April 2022 to 31 March 2023
Report of the trustees
The trustees present their report and the audited financial statements for the period l April
2022 to 31 March 2023.
Reference and administrative information set out on page 2 forms part of this report. The
financial staternents comply with current statutory requirements and the Stotement of
Recommended Prartice Accounting and Reporting by Choritie5 {FRS102, effettive from
January 2015) as they apply to small charities.
Structure. governance. and management
The club is constitLrted as a Charitable Incorporated Organisation ICIOI, first registered on 5
September 2019. It is governed by a CIO Constitution which mirrors the Charity Commission
template.
Appointment of trustees
Three trustees are ex-officio: the club President. Captain and Treasurer eletted at a General
Meeting of the club. The remaining trustees are appointed by the current trustees and
ratified at a General Meeting of the CIO.
Prospettive new Trustees will be invited to complete a ski115 audit to maintain the breadth of
experience and diversity within the board necessary to properly carry out its functions.
Potential Trustees who meet the skills need will be ci>opted for an indurtion period to
ensure they are fully aware of the responsibilities before being formally proposed and voted
on at the Charitys AGM.
One trustee, Emma Hall. was appointed in December 2021. Herappointment was ratified at
the Annual General Meeting on 7 October 2022. One ex officio trustee, Treasurer Catherine
Gre1& iesigned and Philip Moore was elected Treasurer and appointed as an ex officio
trustee at the same AGM.
Trustee5 are referred to guidan￿ and training texts and on-line courses run by NCVO.
Club members and non-members are invited to expres5 interest in being appointed as
trustees at anytime. During the year one potential trustee attended a trustee's meeting as
an observer.
Management Structure and wider relationships
The trustees delegate the day-to-day functioning of the club to a committee of 7 officers
elerted each year at the club AGM. Some ol those officers lead a team of volunteer5
undertaking specific a￿a5 of responsibility le.g. the Captain leads a "Rowing Team" including
volunteer lead coaches, squad captains and volunteers for boats and gym maintenance}.

Bristol Ariel Rowing Club
Report 01 April 2022 to 31 March 2023
The club operates under rowing's governing body. Brrtish Rowin& and is part of British
Rowing'5 Wessex. Avon, Gloucester & Somerset {WAGSI dtvision.
Objectives and Activities
The objective of the charity as described in our constitution is "the promotion of
participation in amateur 5POrt and healthy recreation through the provision of facilities.
encouragement and instruction in rowing for the community of Bristol and surrounding
area5."
The programme of activities to deliver this objective over the period is normally focussed on:
Attracting new participant5 to the sport;
Providing facilities. equipment and coaching to enable athletic development and
participation in athletic competition, both on the water and indoor rowinL
Promoting the health benefits of indoor rowing as a physical activity.
During this reporting period the club was rebuilding tts attivitie5 following restrictions during
the Covid pandemic. We embedded several good prartices. in particular regarding regular
cleaning of equipment and facilities, established during the pandemic.
The charity is not a grant awarding body.
Trustee approach:
In conducting their Scrutiny and review of club actÈvtties the trustees have given due regard
to the Charity Commission guidance on public benefit as described in documents PBI, PB2.
PB3, CC3 & CC4.
In pursuit of its objectlves the club has:
Organised and tscilitated the water activity across a wide variety of boat types and
participant skills and ages including participation in a wide variety of competitive
events including the World Rowing Masters Regdtta in Bordeaux, France,"
Maintained the existing clubhouse. boathouses and gym to ensure fitness for
purpose and safety of users,-
For a limited number of participants we introduced a small number of the children of
club members to the sport in order to asse55 the feasibility of developing a more
formal junior section of the club:
Organisation of one Leorn to Row course for introducing 16 new adults to the sport.
All of these new participants subsequently joined the club as full members of its
novice squad with 70% still Club members at 31 March 2023. The committee voted
against an Autumn Leom to Row course due to the difficulty in retaining new rowers
through the winter months.

8ristol Ariel Rowing Club
Report OIApril 2022 to 31 March 2023
Considerations for the future
Despite running a successful Learn to Rowcour5e there remains a high unmet demand for
experience of water rowing. To address this we are:
Reviewing the content and delivery of the Learn to Row courses with a view to
decrease the demands on volunteers and give opportunities to more participants:
Explore alternatives to give a wider range of participants a shorter experience of
rowing Iscullingl on the water using very stable equipment {RowSUPI. A plan and
business model is being developed for potential implementation of EGsyRow during
2023-24.
Considering several avenues for further fund raising to increase boat numbers to
enable participants to move through from learn to row to established Squads at the
club. This will increase our capacity to take on more new rowers in the future.
Contributions by volunteers
The club relies very heavily on the generous time. work and expertise given by volunteer5 for
the delivery of its benefits and attivities. Volunteer roles delivered during the period include-
Squad crfrordination
Coachin
Trailer towing to training and competttive events:
Leading on maintenance and repair of dub boats. oars. gym equipment including
enhanced cleaning to ensure safety of users:
Leading on maintenance of the buildings and grounds;
Ensuring site security:
Financial management:
Organisation and delivery of "Learn to Row" courses foradult5 new to the sPOrt-
Marketing and s¢xial media communications:
Organisation of social activities.
Many other short project5 and developments have also facilwtated safe and secure delivery
and development of the club's actFVities and improved its facilities.
The club trustees and commtttee are very grateful for the invaluable contribution of our
volunteers.
Volunteers receive no remuneration other than justtfied expenses. The volunteer expenses
policy and procedure was reviewed during the year.

Bristol Ariel Rowing Club
Report 01 April 2022 to 31 March 2023
Achievements and Perfomiance
In delivery of the objective and artivities programme during the period we have=
Delivered successful "Learn to Row- courses of 8 sessions over 4 weekends. All of
these new participants proceeded to full club membership and regular activity in the
Novice Squad. Further courses were planned for spring 2023;
In view of the high demand for beginner level rowing experience we have explored
alternatives such as the "ROWSUP" equipment la kit to enable
stand-up-paddleboard to be used as a very stable sculling boat),.
Ideas are developing to use -RowSUP° to deliver opportunitie5 for rowing artivity to
underprivileged groups for potential delivery during 2023-24;
Go Row Indoor IGRII sessions have continued with two weekday sessions in addition
to evening and weekend sessions. These are dolivered by both paid personal trainers
and club volunteers. Participants who prefer a female lead for a session can register
for an appropriate session-
We have continued to work with Brttish Rowing to share our Go Row experience with
other clubs and organi5ation5 considering setting up their own programmes,-
A more general exercise cla55 not using the rowing machines, termed "Core & More"
was introduced. The principle here is for a class designed for equal acce5S to all
members:
competitive rowers. land members and occasional participants
irre5pertive of age or abilty-
Financial Review
Review of flnancial posrtion at 31 March 2023
The period from April 2022 to March 2023 is the third full year of Bristol Ariel Rowing Club
as a CIO.
By the end of this period, the Charity held net assets of £282.945 comprised of:
Fixed assets: £202,858
Net Current assets: £80,670
The 22-23 financial year continued the cautious return to normal operations, albeit in the
face of a challenging economic environment of rising price5.
Inevitably with the resumption of activities. the Club has a150 seen a rise in costs incurred.
Main sources of income
The 22-23 financial year buiEt on the return to normal operdtions seen during 21-22 with
Membership subscriptions up. Land membership growing strongly and Go Row income
doubling on the prior year. Ourtenants were also able to recommence their contribution to
the Club.

Bristol Ariel Rowing Club
Report 01 April 2022 to 31 March 2023
Grdnts and donations
The Club received a donation from Chartered Financial Planners 75Point3 of £2,4c￿ towards
a new set of blades for the Women's eight, £200 towards the costs of the Hannover
exchange from Bristol Hannover Council and a grant of £5,tNJO from British Rowing towards
the cost of 7 Rowsups purchased early in the following financial year.
In addition a further £3.IM) was donated by member Steve Howie for the Development
fundraising.
Expenditure
The Club has continued to invest in equipment to help the club meet it5 charitable
objectives. This resulted in a total of £16.463 being spent on a mix of both water and gym
equipment to serve the membership.
£II.000- Two second hand Wintech double scull/pairs from Latymer School
{Thunderbolt and Magician)
£3,174- 10 Concept11 sweep blades,
£1,299- 5 tier m(IWdble pairs rack
£750 - nearly new Concept11 ergometer bought from member
£240 - Body Max gym mats
Expendituie was £18.718 higher than the previous year - £65.866 compared to £47,148,
refletting the return to full activity. an element of catching up on servicing and spend
following the suspension of artivities and timing differences on event spend.
Events include the annual dinnerand attendance at the World Rowing Masters Regatta 2022
and are reported on a net basis. £2,525 of World masters income previously recognised in
2022 offsets the net costs of £2.467 reported in 2023.
Freelance trainer expenditure reduced by £1,125 with a £4.345 reduction in rowing coaching
offset by a £3,220 increase in land based coaching.
Boat repairs and maintenance
increased from £1.997 to £11,014 due to a combination of accidental damage and the
increasing age of the fleet necessitating ￿fUrbi5hrne￿t and remedial work.
Building costs include £4.2CQ increase in electricity costs due to increased charges and the
refund received in the prior year with the prior year also including a charge of £2,001 of
door repairs and servicing.
£3.000 increase in depreciation charge year on year based on the a55et costs as Set out in
the accounting policies.
Security alarms, trailers, defibrillator and launches were all serviced in the year as part of the
resumption of activitie5 and L3unch driving courses comprised the majority of training costs

Bristol Ariel Rowing Club
Report 01 April 2022 to 31 March 2023
Bristol Ariel does not employ any staff members. Two freelance, self-employed coaches are
contrdcted to run Go Row Indoor classes and additional coaches were employed
ntermittently to provide coaching for 'vRter' rowers.
Reserves Policy
The Trustees have put a Reserve5 Policy in place primarily to hold funds to mitigate
unforeseen emergency and operdtional costs and consequent troughs in cashflow,
{-designated fund5-J.
The Reserve is sufficient to cover 6 months of running costs and includes an element for
placing equipment essential for the safe operation of the club attivities.
The Trustees have agreed to increase designated funds to £30,000- £23,000 designated for
contingency/running costs and £7,000 set aside for the equipment (including launch motor
placement}.
The Trustees are also mindful of the members. request. as voted at the 2020 AGM, to Set
aside IO% of annual income as a buildinE fund. At the end of the financial year this had
reached £13,288.
The pandemic highlighted the need for reserves and more recently. the ongoing Cost of
Living crisis is demonstrating how the rise in bills will create issues for a lot of households.
businesses and organisations.
The Club's land and buildings have severdl known risks
(including the trees. riverside and landing stage) that may require further unplanned
emergenry work.
The Tnjstees have considered a prudent approach to ensuring that the ongoing viability ol
the charity is not comprornised by the above and other risks.
Decisions aboLrt spending outside of the annual budget for routine running costs is proposed
by the committee and approved by the Trustoes.
Assessment of financial status
The Club had net income
of £ 550 for the year, with an underlying income of £4,800
after accounting for LTR and everrt receipts recorded IF7 income wtthin the prior year
accounts.
The Club continues to face an increase in overheads and our members are also seeing a
squeeze on their personal disposable income. The boat fleet is aging with increasing
Maintenance costs. there is a need for easier accessible boat racking and
launch
outboards are coming up for replacement. The Club has now developed a tree management
/ safety prograrnme to fund. Isee note 14 Post balance sheet event).
The Trustees will monttor how the above develop5 during the course of the year to ensure
that the Club remains viable and that we can also accommodate members who are
struggling to pay membership subscriptions.
The Club 15
looking to develop a new offerin& EasyRow, having Secured funding from
British Rowing towards the purchase of Rowsups enabling us to reach a broader range of

Bristol Ariel Rowing Club
Report 01 April 2022 to 31 March 2023
people a5 well as creating new income streams to contribute to the longer-term
sustainability of the club.
Declarations
The trustees declare that they have approved the report above.
Signed on behalf of the Cl(Ys trustees
Geoffrey Howe Lester
President
Date:
1023

Bristol Ariel Rowing Club
ReFK)rt l April 2022 to 31 March 2023
Independent Examinerfs Report
I report to the chartty trustees on my examination of the accounts of Bristol Ariel Rowing Club for
the year ended 31" March 2023.
Responsibility and basis of report
As the charivs trustees. you are responsible for the preparation of the accounts in accordance with
the requirements of the Charities Act 20111'the Arfl.
Haviftg satisfied myself that the accounts of Bristol Ariel Rowing Club are not required to be audited
under Part 16 of the 2006 Act and are eligible for independent examination, I reporr in respect of my
examination of your char[t￿5 accounts as carried out under section 145 of the 2011 Act and in
carrying out my examination, I have followed all the applicable Dirertions given by the Charity
Commission under sertion 14515llbl of the Act.
Independent examinerfs ststement
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:
l. Accounting records were not kept in accordance with section 130 of the Charities Act,. or
2. The accounts do not accord with those records: or
3. The accounts do not comply with the applicable requirements concerning the form and
content of accounts set out in the Charities IAccounts and Reports) Regulations 2008 other
than any requirement that the accounts give a true and fair view which is not a matter
considered as part of my independent examination.
I have no concems and have come across no other matter5 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.
David Baptiste ACPA
Linden Accountant Limited
Scrapstore House
21 Sevier Street
St Werburghs
Bristol
BS2 9LB
Date:
io

BRISTOLARIEL ROWING CLUB
ATEMENT OF FINANCIALAcrivmES Ilncluding Incoffe and Expenditu￿ Account)
YEAR ENDED 31 MARCH 2023
Totsl Funts
2023
rotal Fund5
2022
FuThts
Fur
INCOME
Incorne from generated funds
Rental Income
Actiwtie5 for genÈr8ting fvnds
Gr3nts receiv3blÈ
Incom& from charitable aetiti￿e$
Other Incom
4,OCK>
7,364
5,200
49.833
19
389
10,433
6,404
51.676
1,144
6,220
5,000
49,833
19
TOTAL INCOMEAND ENtM)WMENrs
5),177
11,239
66,416
68,903
EXPENDtWRE
Expenditure on gÈner*ingfunds
Expenditure on ch8rit3ble èrtiyities
18,295
47,571
18,295
47,571
15,472
31,676
TOTAL EXPENDtTURE
65.866
65,866
47.148
INCOMVIEXPENDrriJRE)
(lo,￿9)
11,239
550
21,755
Balances bro￿htfonwar4
276,227
6,750
282,977
261,222
Gr1￿5 Transfers Between Funds
12
12.2961
Balènce5 carried forward
267.834
15.693
283,527
282,977
The charity ha5 no ￿OgnISed gaIr￿ or losses othÈrthan the r￿ltstOrtheyearè5 set ab￿.
l of theacrivitiEsof thetharityarÈ dassed a5 continuing.
The n￿.e5 on paee5 13 to 18form part of these finanaaI statements

BRISTOL ARIEL ROWING CLUB
8AiANCE SHE
YEAR ENDED 31 MARCH 2023
2022
FIXEDASSErs:
Tangible assets
202,857
207,352
CURRENT ASSEts:
E)ebtors
Stock
Cash at bank end in hand
3,164
903
74,798
78,865
92
76,301
86.170
CURRE￿ LtABILmES:
Creditors.- falling due within one year
15,5(Xll
13,2401
Netiwrrent assets
80,670
75,62S
N￿ASSE[S.
283.521
282,977
FUNDS
General funds
DÈsignated funds
Building funds
RÈstFlCted funds
224.546
30,C
13.288
15.693
241.885
?.6,000
8,342
6,750
12
283.527
282,977
These financial statements were appr(Ned by theTrustees and ￿rthorISed forissue M..._..
and are signed t)n their beh3￿ bv."
Chair ￿TruStee5
Charity Registrèbon Number 1185174
The notes on pages 13 to 18 fomi part of these finanaal statements

BRISTOLARIEL ROWING CLUB
NOTESTO THE FINANCiAL 5tATEMEMrs
YEAR ENDED 31 MARCH 2023
l Accou￿rING pouaES
Af£Ountir￿I cokiventioTr
Thefinancial st3tements h3vp. been prepared underthe historic C05r convention. ThefinarTr(Jal sratements have been prep3red in accord3n
th the Statement of Recommended Prattice.. AccountingarKI Reporting by Chariues IFRS 102 SORPI Issued in JutyT2014. and applicable UK
Accounting St8ndard5 and the Charities Att 2011.
Funds stnxture
Unrestricted Incomefunds comprise th05e funds whichthe trusteesarefre to use forany purpose in furtherante of the charfC3ble objert5.
LJnre.stritted fvnds intlude deS￿nated funds where thetr5JStees, at th￿rdI$￿e￿On, have set re50urw for a specific purpose.
Restritted funds are funds which a￿10 bÈ used In actordancewith speufic re5triaions imposed bythe d(￿Or orthpterms of 3 Spfr￿fiC Èppe31.
Income
All Income.'s recognised once thÈtharTrrf h45 entnI￿ntIOthÈ resources, t IS￿rtai￿that the re5(yJrceswill be rec@w￿ and the tnon&t8ry
value of income can be measured wth 5uffiaent ￿lIabil￿.
Ineorne from donations is included wheF>theseare receivablÈ, ex￿pt asfollows:
- When the don0￿ specify thatthe donaDons g¥¥en to trye charttyrnusr be used in futureaccountng periods.
- When donors irDPOSÈ tonditionswhich *￿t0 bÈ fulfilled bdore the tharity Iwjmes entitled to u* such IrTrcoff￿. the income 15 deferred
until the pr￿conditIOnS have been met
Income from grants, wherethere are pÈrfom13nte or Servi￿ delivera￿e$ required bythe terms of thegrant, are a￿OUnted for 8Sthe ch8rity
Èarns the right to payment through its perfDrmance.
E¥penditure
Liabilities are recognised as expendrture as scon as there is a legal orconstructive oblvgation tornmittingthe charityto the expenditure. All
expenditure is accounted for on an accruBIs basis and h2$ been da551fied under headings that agree all costs relatÈd to the category. Support
costs heve boen ?Iloc3ted lo￿Ato￿ardS thp charitable activr(ies ofthe tharjty.
Charitable
Ch3ritable e¥pendrture comprrsesthose c¢>5ts incurred bytlEth3rity in the defwery tslits aCt￿[EleS afid seTWty for tis beneficiari￿. It
include5 both the dirett payand noTrpav=05ts suprM)rt costs ￿lating tothose acti￿ti@5.
Going cofi¢em
After making appropri¥LÈ enquines, thetru5tee5 have a reasonable expectation thatthe charrty has adequate resourtrs to continue its
0oer4tions forthe foresee2blefvturÈ and rhereforethey ha¥È ¢oniinu& to adopt theg(Jng concern basis when preparingthe financial
Statements.
GovÈrnance c05[ indude thos& costs associated wrEh mÈeting the COr)￿lIu￿Onal and statutory requirements of the tharity, and include rts
indÈpendent ￿minatiOn fees and costs linked tothe stRtegic rnanaglknent of tharityinduding tnjstee expenses.
Ta￿¥ble wets and dewets*ion
Depreth81ion has been prowded on all tangible fixed osets at T8tes caltulated towrite off the o)5t, kss &irnated residual ￿1￿& of each asset,
over Its expetted usefvl life. The ote5 used are 2% Teducing balancè ￿ freehold pmperty and improvernents and 109>15% reducing b31ance
on otherf1￿ed assets.

BR15foL ARIEL ROWING CLUB
NOTES TO THE FINANCIALSTATEMEKrs
YEAR ENDED 31 MARCH 2023
2 AcnViTl￿ FOR GENERATING FUNDS
Total Funds
2023
Total Fund5
2022
Fun&
Funds
Events
FUnd￿lS1￿g & Donations
32
1.112
32
7.332
2,S25
7,908
6,220
1.144
6.220
7364
10.433
3 GPANTS RECEIVABLE
Unrestritted
FUTh
Totsl Fund5
Totsl Fun
2022
FuThYs
Business Interruption Grant
Easy Row EnEagerneTrt Project
Hannover Exchange
2LX)
5.0
5,200
6,404
4 INCOME FROM CHARITABLE AcrNmES
Totsl Fur05
2023
Total FU[￿S
2022
Funds
Fynds
Membership &Jbs/Racking
Legrn To Row
GoRow Indoor Income
Sundry Income
44,634
225
44,634
225
41,316
7,452
2,342
49.833
49,833
51.67S
5 EXPENDMJRE ON GENE￿TING FUN
Totsl Fur
2023
Total
2022
Funds
FU￿1$
Building C05rs
Events
Freelance Traine
9,931
2.467
S,897
9,931
2,467
5,897
8,141
308
7,023
18.295
18,295
15.472
14-

BRISTOLARIEL ROWING CLUB
NOTES TO THE FINANCIAL ￿ATEmENTS
YEAR ENDED 31 MARCH 2023
6 DIRE￿Ck￿RTfABLE EXPENDrtVRE
CtharfrtableActNltles
Totsl FLmd5
2023
Totsi FI￿d5
2022
Funds
British Rowing Fe
8oat Repairs
Equipment Maintenance
Training
1.2(
11.014
2.033
1,2f
11,014
2.033
861
1,997
670
tsrt Costs
relephone and Intemet
FinancÈ and Admin
prO￿510n31 Fees
Advertising and M3rketing
cences and Subscriptions
Bank Fee5
Other
921
1,299
921
742
L002
1.293
356
356
743
159
612
121
827
827
19.075
19.075
6,894
Govemance Costs
Toral Fund5
1023
Totsl Funds
2022
Independent Exarination FÈe
t)epreciation
Insuran
936
19.624
7,936
936
19.624
7.936
936
16,617
7,229
28.496
28.496
24.782
Total direct charitable expenditure
47,571
41,571
31.676
7 CORPORAnON TAX
The charity is exemptfromtsx on income and g3ins fallirE wthin sertion 505 of the T3xe5 Aa 1988 orsertion 252 of the Taxation of
Chargeable GainsAtt 1992 tothe Èxtent th3tthesÈ are applied to its chèritèble objects. No tax charge5 have arisen in the ch3rit¥.

BRI￿oL ARIEL ROWING CLUB
NOTES TO ThE FINANCNL 5tATEMEKrs
YEAR ENDED 31 MARCH 2023
8 TANGIBLE FIXED ASSErs
LaTrJ &
Builoi
EqUlprn￿rt
EqUIp￿￿rt
Toia
At l April 2022
Additions
143,356
15,736
990
249,633
15,164
14.174
At 31 March 2023
143,356
11>4.715
16.726
DEPRECIAMON:
At l April 2022
Charge forthe year
7,407
2￿67
31.651
15,152
3.223
42,281
19,659
At 31 Marth 2023
10.274
46.803
4,863
61,940
BCK)KVAWL.
At 31 March 2023
L33,￿2
57.912
IL863
201857
At 31 March 2022
58.890
12.513
207.352
9 DEBTOPS
2023
2022
Tr3de Oebtor5
Prepayments
Other Debtors
8,168
1,027
582
2,108
1,056
9,777
3.164
10 CREDrroE&' antr)uThts frdllirg due within one ye¥
2023
2022
Accruals
Key DÈposrt Creditors
TradÈ Cre(Iitors
Other Creditors
936
1,393
Iix)
811
1,682
782
2,1(Kl
5,5CX)
3.240
11 ANALYSJS OF NEr￿sErS BEfwEEN FUNDS
Uore5trfrte£l
Fundg
Totsi Funds
2023
Totsl Fund5
2022
Funds
Fixed Assets
Current knets
Current ￿￿bIlitIeS
202R57
70,477
15.5CIJI
202,857
86,170
15,5Tr)1
207,352
78,865
13,2401
15,693
267.834
15,693
233,527
282,917

BRI￿oL ARIEL ROWING CLUB
NOTES TO ThE FINANCIAL ￿ATEmENTS
YEAR ENDED 31 MARCH 2023
12 AWLYSIS OF CHARffABLE FUNDS
Anatysls of
Fvnd movernents
Balar
I￿orne
E%Fendlture
Transfers
FUTh
cl￿d
Vnrertritt￿lUndS:
General funds
Designated fur
Building funds
241A85
26,(￿}
8.342
55,177
165,8661
16,6501
224,546
30,000
13,288
4,946
276.227
55.177
165.8661
2.296
267.834
Restri¢2ed ftJnd&'
Inwme
Eypenditwe
TrartsFer5
Fund
Development Fundraising
75point3 Sweep Blades
Easy flow Engaeernent Prtsjert
6.750
3,839
10,693
12,4001
5,0
6.750
11.239
112961
15.693
Total
282.977
66.416
165,8661
283,527
Develo
ment Fundr815in
A donation from one of the members, Steve Howie. ttr•RrdsthE4Jevdoprnent of a newdubhouse.
E8S
Row En
ement Pro
A erant frorn Brttish Rowing to helpfund the purchase of Row5UPS us£d to intrOdu￿￿eMberS of the publicto rowing.
75 3 Swee
Blad
A don8tion from a mÈmberfora set of 8 blades, purchased during the year.
Transfets Between Funds
The transfers are in respprt of resrricted fund ￿lan￿$ andlor asgets pureha5ed, wherethÈfund actrvity has conduded aTrdlor purchase of the
assets h35 been completed and theTru5tees con51derthE balance and/or355et to now be used 25they see fft and is therefo￿ moved to
unre5trittedfunds.
13 RELATED PAxty￿N&4CnoNS
There were no relatÈd party trar￿C[10nS between the charity and thÈtwstees or persons orentities connectedto them during the year.
-17-

BRISTOLARIEL ROWING CLUB
NOTES TO THE FINANCW ￿ATEmE￿r5
Y£AR ENDED 31 MARCH 2023
14 po￿ BALANCESHE￿ EVEN[
In late May 2023 two Ash tree5fell wthin a couple of days of eath other. One struck and damaged the roof of Averys boat shed, the other fell
across the acC￿S path and was cleared by member5_ Repairs toAveTrs are underway, With fvll roDf rep31rs being tarried out13ter In the year
under8n an Insur8nce claim.
Atree condition repon was cornmwioned covering the tree5 on aub and Immediately nelghbouring land. established that seveFal18rge
ash trees were suffering from Ash die ba£k and rhaz other tfee5 required ureent action to red￿e the risk they FM)sed.
The Trustees and Conimittee, In ￿jUntt[on wtth the tree Surgeons and B￿￿01 Counal. prioritised the high risk t￿esfOr reductionlfelling at
cost to the Club of £6,960, Mrith the work bwng completed in August 2023.
Further m3nagement of the Club's tree5 is requir￿, with phasÈ 2 of the tree rnariagemertt being planned forthe second half of 2D23. Given
the number and maturity of th￿e trees It is expected thai the costs ￿11 be 5ignthcant to bring the tree5 to a safer state.