2022-12-31-accounts - Broxbourne Rowing Club

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			Page
Report ofthe Trustees		I	to	3
Independent Examiner's Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Finaacial	Statements	7	to	12
Detailed Statement of	Fiaancial Activities	l3	to	14

		31/12/22	31/12/2I
		Unrestricted	Total
	Nates	fundsf	fuadsf
FIXEDASSETS
Tangible assets		1,167,627	1,165,888
CURRENT ASSETS
Debtors		10,157	5,290
Cash at bank and in hand		109,227	109,727
		119,384	115,017
CREDITORS
Amounts falling due within one year		(12,878)	(15,521)
NET CURRENT ASSETS		106,506	99,496
TOTAI ASSETSLESSCURRENT
LIABILITIES		1,274,133	1,265,384
NETASSKTS		1,274,133	1,265,3&4
FUNDS	10
Unrestricted funds		1,274,133	1,265,384
TOTALFUNDS		1,274,133	1,265,384

OTHER TRADING A	CTIVITIES
		31/12/22	31/12/21
		g	f
Fundraising events			4,263
Racking income		5,304	5,361
School fees		2,100	6,340
Learn to Row		7,074	11,670
Kit sales			140
Insurance claims		2,550	1,350
		17,020	29,124
INVESTMENT INCOME
		31/12/22	31/12/21
Deposit account interest		87	4
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated aRer charging/(crediting):
		31/12/22	31/12/21
		g
Depreciation - owned assets		49,656	32,066
Surplus on disposal offixed assets		(11,600)	(2,600)

TANGIBLE FIXEDASSETS
	Freehold	Plant and	Motor
	property f	machinery	vehicles 8	Totals f
COST
At I January 2022	1,000,000	534,863	7,750	1,542,613
Additions		51,395		51,395
Disposals		(15,382)		(15,382)
At 31 December 2022	1,000,000	570,876	7,750	1,578,626
DEPRECIATION
At I January 2022		373,625	3,100	376,725
Charge for year	18,100	30,006	1,550	49,656
Eliminated on disposal		(15,382)		(15,382)
At 31 December 2022	18,100	388,249	4,650	410,999
NKT BOOK VALUE
At 3!December 2022	981,900	182,627	3,100	1,167,627
At 31 December 2021	1,000,000	161,238	4,650	1,165,888
DEBTORS:AMOUNTS FALLING DUE WITHIN ONK YEAR
			31/12/22	31/12/21
			8	8
Amounts owed by group undertakings			4,732	2,088
Other debtors			400
Prepayments and accrued income			5,025	3,202
			10,157	5,290

			Incoming	Resources	Movement
			resources	expended	In funds
Uarestricted		funds
General	fund		91,146	(84,831)	6,315
TOTAL FUNDS			91,146	(84,831)	6,315
A current year		12months	and prior year 12months combined position is as follows:
				Net
				movement	At
			At I/I/21	in funds	31/12/22
				8	f
Unrestricted		funds
General	fund		1,259,069	15,064	1,274,133
TOTAL	FUNDS		1,259,069	15,064	1,274,133

for the Year Ended 31	December 2022
		31/12/22	31/12/21
		8	8
INCOME AND ENDOWMENTS
Doaations and legacies
Donations		10,295	2,612
Membership income		78,794	56,806
		89,089	59,418
Other trading activities
Fundraising events			4,263
Racking income		5,304	5,361
School fees		2,100	6,340
Learn to Row		7,074	11,670
Kit sales			140
Insurance claims		2,550	1,350
		17,028	29,124
Investmcnt income
Deposit account interest		87
Other income
Gain on sale oftangible	fixed assets	11,600	2,600
Total Incoming resources		117,804	91,146
EXPENDITURE
Charitable activities
Rates and water		599	765
Insurance		12,116	7,678
Light and heat		4,351	4,379
Telephone		861	919
Postage and stationery		124	135
Sundries		813	991
Repairs to boats and equipment		4,375	4,108
Boat refurbishment		4,948	1,000
Repairs to club and grounds		10,244	3,034
Cleaning and refuse collection		1,966	2,314
Van running costs		1,718	1,364
Coaching expenses		13,488	13,456
Kit expenses			1,867
Subscriptions		771	1,084
Depreciation oftangible	fixed assets	49,655	32,066
		106,029	75,160
Other
Fundraising event costs			4,136