REGISTERED COMPANY NUMBER: 12322612 (Enwand Wales)
REGisfERED CHARITV IYUMBER: 1188068
Report of the Trnstees and
Un8udited Financial StstemeAts for th¢ year Ended 31 Dec¢mber 2024
for
Broxbourne Rowing Club

Broxljourne Rowing Club
Contents of the FiDAntiAI Statements
for the Year Ended 31 December 2024
Page
Report of the Trustees
Independent Examiner's Report
Statement of Finameial Activities
Balanee Sheet
Notes to the ￿nancIal Statements
7 to 11
Det&iled Statem￿1 of Finanei41 Aetivities
12 to 13

Broxlh)urne Rowing Club
Report of the Trusteos
for Éhe Year Endèd 31 December2D24
The trustees who are also directors tsf the charity for the purpos¢s of the Companies Act 2006, present their report with
the financial statements of the charity for the year ended 31 December 2024. The tn]stee5 have adopted the provisions
of Accountfftg and Reporting by Charities.. Statement of RecomTnended Practice applicable to Charities pr¢paring their
accounts in a¢¢ordance with the Fin￿￿la] Reporting St2ndard appli¢able in the UK and Republic of Ireland (FRS 102)
<eff￿tive l January 2019).
OWECTIVES AND ACtIVlTIES
Objeetiv¢s and aims
The Charity's objttts {"Objects') are..
- the promotion of comTnunity participation in healthy reueation by the provision of facilities speGifi¢&]ly for the sport
of rowing and otherrelated activiti&s {"fa¢ilities" means land, buildin8s. equipment and organising spx)rting a¢tivi(ies}'
- providing and assÈStin8 in providing facilities for sports des¢ribed above, recr¢ation or other leksure time occupatiot)
of su¢h persons who have need for such facilities by reason of thetr youth. &ge, infirrnity or disablemenL poverty or
so¢ial and economic circumstances or for the public at large in the interest5 of S￿la1 welfare and with the object of
improving their condition5 of life; and
advancing th¢ edu¢ation of children and young people through such mv4ns as the Directors think fit in accordance
with the Charitl¢s Act 2011.
SSgnifi¢Ant ￿ett￿tIeS
The charity is a rowing Club and provides all the facilitie5. qUiPTnent. training and supwi services that m¢mbers need
to enjoy the sport of rowing.
The trusteeg have paid du¢ regard to guidancc issued by the Chartty Commission in deciding what a¢tivities the charity
should undertake.
The Club has run Learn to Row cournes for adults and jUEJiors from its lool conununÉty with 45 individuals
participating. many of whom have gone on to become club tnembers joining our junior, recreational or development
squads. before progressing to the racing squad
Th¢ Club has continued to invest its farilities to improve acccssibility for all. in particularly the resurfacing of its
carpark, whilst also c()ntiHuing to maintain and improve its gym facilities and rowing fleeL The Club provides rowin&
fjtness and recTeational facilities to approximately 240 m¢mb¢rs.
The Club was pleased to host a British Rowing Level 2 ¢oa¢hing ¢ourse attended by ¢.20 prospective coache5 from
around the ¢ountry, as well rkmning safeguardang Courses for its membtrs.The club h&8 supported memkrs in
gaining ¢cwhing qualifi￿tiOnS enabling it to offer coaching to more members and 15 ￿￿teful for the Contribution of its
volunteers who also supptsrt rower development and learn to row courses.

Broxl)ourne Rowing Club
Report of the Trustees
for the Yegr Ended 31 December 2024
ACHtEVEMENT AND PERFORMANCE
As well as providing recreationaj rowing for a squad of over 50 members, through its D¢v¢lopmeni and Junior squad5
the Club has been able to introduce members to racing through local regattas and head races, with membe
tranSition￿ng through to Junior perfortnance and seniorlmasters fi]11 rdcing 4uads throu￿ the ye￿.
The Club Saw a record number of entries from its squads to the prestigious Pails Head evenL along with enthes to the
5ingle5. fours aTkd el￿t5 Head of River events in open and masterfs categories from its men's and women's squads. The
Club entered a crew at Henley Women's and two crews to Henley Royal Regatta. The Club enjoyed success at
National Mast¢rfs and H¢nley Masters events. national level junior Events. a5 well as at many It￿] and regional events.
The Club's wreattonal squad has ¢ontinued to participate in the GB Rowing Touring league and ventured fi]rther afield
to participate in a number of European touring events, and was pleased to be able to host a squad forni Norway on a
wetkend tour its home river.
Off the water club membets have also enjoyed succes5 at indwr rowing events including a win in the 50-59 women's
2k rdce at the European Championships, whilst MemlKr if the men's masters squad was part of a team that beat the
world 24 hour relay record for 51k59 year olds.
FINANCIAL REVIEW
Reserves policy
The rowing club has existed for 175 Y￿rs. The trustees acknowledg¢ their duty to maintain unrestTiCted fiJnd% wl]ich
have not been designated for a srkcific use at a level of £53,000 equivalent to twelve months essential expenditure. The
trust*s consider that reserves at thi5 level will ensure thaL in the event of a significant drop tn fundin& they will be
able to continue the charity's Cl￿rent activities while consideration is given to ways in which additional funds may b¢
raised. Reserves have been maintained well above this level throughout the year. The Club invested £35.000 from its
unrestricted reserves to resurface its carpark to improve acce￿IbilIty for all. In addition. the trustees coE]sider it
appropriate. going fonvard, to designate reserves within its unrestri¢ted funds for long temi projects to maintain and
iTnprove the Clubs House and Grounds facilitie4 as well for the replacement of its tru¢k in the coming years.
The twst¢es have assessed the major risks to which the charity is exposed. and are satisfjed that Systems are in place to
mitigate exposur¢ to lh¢ major risks.
STRuufuRI, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its goveming documen( A dttd of trusL and constituies a l*mited company. limited by
guarantee. as defined by the Companies Act 2006.
Historically Broxboume Rowing Club was established in 1847 and was registered &8 a Conmiunity Amateur Spojts
Club ICASC 04914 1 CH06368) on 5 January 2008.
The charity 15 a company limited by guarantee and was incorpornted on 19 November 2019 and registered as a charity
on 20 February 2020 with the Charities Commission in England and W￿eS.
A vote of the members of Broxbourne Rowing Club {CASC) on 8 Deeember 2020. wth prior approval and ¢l¢aTan¢e
from HMRC agre&a to transfer all assets and liabilitÈes from Broxbourne Rowing Club (CASC) to BToxbourn¢ Rowing
Club (Charitable Comyany). The tronsf¢r was effective 3 I De¢ember 2020.
The charity is govemtd by a Memorandum and Arttcles of Association as creat&4 at incorporation and adoyed by
members on 8 December 2020 and updated on 23 Septtmber 2021. The liability of the members in the event of the
company being wound up ts limited to a sum not exceeding £10.
Recruitment and gppointment of new trustees
The trustees of the charity are also the directors for the PUrN)￿ of company law and are appointed by the members at
the AGM. in accordance with the Articles of Ass￿l£tion.
l￿d￿ctiOn a￿d training of new trustee5
New Trus￿ are introduced with a fiEII range of relevant Charity Commission guidance and appropriate infomiation ot]
th¢ir r¢sponsibilities

Broxbourne Rowing Club
Report of the Trustees
for the Year Ended 31 December2D24
REFERENCE AND ADMINISTRATIVE DETAtLS
Registered Company numb¢r
I￿22612 (England and Wales)
Regl$t¢red Charity number
1188068
Registered office
The Clubhouse
Old Nazeing Road
BroxLx)ume
EN106QU
Trn$tee$
D Brown {resigned 3110r2024)
A Stokes
L M Ainsworth
H M Dodsworth
C J Heathcote
G S Troll
I W H¢nley (appointed 1813120241
N M Murray (appointed 121412025)
Cornpally Secretsry
L M Ain5WOrth
IndepelldeDt Examiner
Cartwri¥his
Chartered Accountants and Busine￿ Advi50r5
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE
Approved by order of the board of trustees on ....13 sepe.mber 2025
. and $i￿￿d ¢)n its behalf by:
C J Heathcote- Trustee

Ind¢pendeDt Examiner's Re￿rt to the Trustee5 of
Broxl)ourne Rowing Club
Independent examiller's report to the trustees of Broxbourne Ro￿ag Club Cthe Company,)
report to th¢ ¢harity tn￿ceS on my examination of the accounts of the Company for the year ended
31 December 2024.
Responsibiiiti¢s amd basis of re￿rt
A5 the charity's trustees of the Company (and also its directon for the purposes of company law) you are responsible
forthe prepardtion of the accounts in accordance with th¢ requirements of the Companieg Act 2006 {Ihe 2006 ACÉ,).
Having satisfied myself that the accounts of the Company are requir¢d to be audited under Part 16 of the 2(K)6 Act
and ar¢ eligible for independ¢ni examination, I report in respect of my examination of your ¢harity's accounts as carried
out under Section 145 of the Charities A¢t 2011 {'the 2011 Act,). Jn ￿rrying OLrt my examination I have followed th¢
Directions given by the Charity Commiwion vnd¢r S¢¢tion 145(5) (b} of the 2011 ACL
llldtpendertt exAMine￿5 stotern¢nt
I have completed my examination. I wnfimi that no matters have come to my attention in connection with the
examination giving me ¢ause to believe..
accounting records were not kept in respect of the Company as required by Section 386 of th¢ 2006 Act; or
the accounts do not accord with those r￿OrdS. or
the accounts do not eomply with the accounling requirements of Seetion 396 of the 2006 Act other than ony
uirement that the accounts give a true and fair view which is Mot a matter considered as part of an
independeni examinarion. or
the accounts have not been prepared in accordance with the meth(Kls and principles of the Statement of
Rtcornmended Practice for accounting and reporting by charÈtie5 {applicable to charities preparing their
accounts in accordance with the Final￿la1 Reporting Standard applicable in the UK and RepuL7lic Of Irelznd
(FRS 102)}.
I have ng con¢¢rns and have Come a¢ross no other matte]5 in connectron with the examination to which attention should
be drnwn in this report in order to enable a proper understanding of the accounts to be reached.
Matth¢w Brown
Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Sireet
Barne¢
Hertfordshir¢
EN5 4BE
Date:..l.S.-09 -ZOZ5...

Broxbourne Rowlllg Club
StAtemeDt of Fittanci&] Aetlvlties
forthe YeAr Ettded 31 D¢e¢mber 21124
31112124
Unrestrkcted
funds
311l2123
Total
funds
Notes
tNCOME AND ENDOWMENTS FROM
Donations and legacies
95,927
89,667
Other troding aclivities
Invesknent income
Other income
24,466
1,688
2.050
21,361
621
2,3(X)
Totsl
124,131
113.949
EXPENDITURE ON
Raising fiJn<b
2.543
1,684
Charitsble attivities
Rowing ¢luL7 expenses
119.149
122,470
Totsl
121.692
124,154
NET INCOME/(EXPENDITURE)
2,439
(10205)
RECONCILIATION OF FUNDS
Totsl funds brought forward
I263,￿8
1.274.133
TOTAL FUNDS CARRIED FORWARD
1266.367
1,263,928
The notts fomi part of these finan¢ial stat¢m¢nts

Broxbourne Rowing Club
BRi4nee Sheet
31 December 2024
31112124
Unrestricted
funds
31112123
Total
fund5
Not
FIXED A&SE7S
Tangible &ssets
1,157,110
,160,560
CURRENT ASSETS
Debtors
Cash at bank and in hand
13,867
124.132
7,513
137.W9
115.624
CREDITORS
Amounts falling due within one year
(28,7421
(12,256)
NLT CURRENT ASSETS
109,257
103,368
TOTAL ASSETS LESS CURRENT
LIABILITIES
1266,367
1,263,928
NET A&SETS
1.266,367
1.263,928
FUNDS
Unrestricted fvnds
10
1.266.367
1263.928
TOTAL FiTNDS
1.266.367
1.263.928
The charitable company is entttled to exemption from alldit undu Section 477 of the Compantes Act 2006 for the year
ended 31 December 2024.
The memE¢rs have not required the company to obtain an audit of its financial statements for the year ended
31 December 2024 in a¢¢ordance with Section 476 ofthe Companies A¢t 2006.
The t￿SlEe5 acknowledge their responsibilities for
(a)
ensurillg that the charitable company keep5 accounting records that comply with Sections 386 and 387 of the
Companies A¢t 2006 and
preparing financial statements which give a true and fair view of the 5tatE of affairs of the charitable company as
at th¢ end of ea¢h financial year and of its surplus or d¢fi¢it for ¢g¢h finart¢ial year in a¢¢ordan¢¢ with the
r¢qLtiremet)ts of Sections 394 aTrd 395 and which otherwise comply with the requirements of the Compani¢s Act
2006 relatingtts fInancE￿ statement% so far as applicable to the charitable company.
Ib)
These finan¢ial statements have been prepared in aecordance with the provisions applicable to charitable companies
subjegt to the small companies regime.
The financial statement5 were approved by the Board of Trustees and authorised for issue
laAWOllLkEt2025.................. and were sI￿¢d on its behalf by..
on
C J Heathaxe- Trustee
The notes form part of these financial statements

Broxbollrne Rowing Club
Notes to tbe FinantiRI Statemertts
for the Year Ended 31 December 2024
ACCOUNTING POLICIES
Ba$is 0rprepgri￿g the financial statements
The financial stateme￿$ of the Charitable company, which is a public benefit eT]tity UT￿tr FRS 101 hav¢ been
prepared in accordan¢e with the Charitie5 SORP (FRS 1021 'A¢counting and R¢porting by Charities.. Statement
of Recommended Pra¢tice applicable to charities prq)aTing their acLouftts in a¢¢ordance with the Fir￿]¢18[
Reporting Siandard applicable in the UK and Republic of Ireland {FRS 1021 (¢ffective l January 2019),.
Financial Repojting StandaTd 102 'The FIT￿￿CIal Reporting Standard opplicable in the UK R¢publiL of
Ireland, and the Cornpanies Act 2006. The financial statements have been prepared under the historical cost
convention.
All income is tecognis¢d tn the Statement of Financia] Activitie5 once the ¢hariÈy has entiil¢ment to the funds. it
is probable that the income will be received and the amount can b¢ measured reliably.
For donations to be recognised the ¢hartty wtll have been notified of the amounts aTKI the settlement date in
wratin8. If there are conditions attached to the donation and Èhis rts]uires a level of perfomwnce before
entitlement can be obtained then income is deferred until those conditions are ￿llY met or the fiklfilment of
those conditions is within th¢ control of the charity and it is probable that they will k fulfilled.
Membership income is recognised on an a¢cnwls basis when members indicate that they will be joining the ¢lub
I r¢n¢wing their membership.
Income frorn trading activities includes income earned from fundraising ev¢nts and trading activities to raise
funds for the ¢harity. Income is received in exchange for supplying g￿d$ and services in order to False fun¢
and is re¢ognised when entitlement has occurred.
£xpendlture
Liabilities are recogni5ed as expenditure as swn as there 15 a legal or constTudsve obligation ¢ommitting the
charity to that expendituK it is probable that a transfer of economic b¢D¢fits will be required in settlcment and
the aTnount of the obligation Call be measured ]rliably. Expenditure is accounted for on an accruals basi5 and
has been classified under heading5 that aggregate all c05t relatod to tht category. Wher¢ costs carÉnot be directly
attributed to parricular headings they have been alloGated to activi¢ies on a basis consistent with the use of
Gov¢rn8nce costs
Governance costs are those that assis¢ the work of th¢ ¢hwity but do not directly represent eharitsble activities.
Tgngible r￿ed assets
Depreciation is provid￿ at the following annua] rates in order io write off ea¢h asset over its estimated useful
life.
Freelx)Id propety
Plant and machinery
Motor vehicles
on ¢ost
IOO/o on cost
Straight line over 5 yeaTS
The freehold land with a cost of £95,(K>O h&s not been depreciated on the basis that it is ¢onsidered to have an
unlimited lifespan.
Taxation
The ch2rity i5 exempt from corporati(rt] tax on its ¢harÉtable actkvities.
Fund aeeountiDg
Unrc5tricted funds can i￿ used in accordance with the charitable objectives atthe discretion of the truste¢5.
Re#ricted funds can only be used for particular trstrt¢ted purposes withtn th¢ objects of the charity.
Restrictions arise when specified by the donor orwhen fimds are rAised for parti¢ular restricled purposes.
continued...

Broxbonrne Rowing Club
Notes to the Fingnclal Staterne￿ts- continued
for the Ye8r Ended 31 Det¥mbor 21124
ACCOiTNfiNG POLICIES- tontinu¢d
Fund ¥¢¢ounting
Fllrther explanation of the nature and purpose of fijnd is included in the notes to the fjnaneial statements.
OTHER TRADING ACTIVITIES
31n2Q4
311A2t23
Fundrdising events
Other Income
Racking income
School fees
Learn to Row
Insuran¢e claims
2.700
1.439
6284
5,454
10.028
4,724
2,7dlO
9,158
900
24,466
21,361
INVE%fMETrrf INCOME
31112124
311J2123
Deposit account interest
1,688
621
NET INCOMEI(EXPENDITURE)
Net i￿Orn￿1(expendltU￿j is stated after Chargin￿(credItIng)'.
31112124
31112123
Depre¢iation- owned assets
Surplus on disposal gf fixed assets
53.163
(2.050)
53,717
(2.300)
TRUSTEES, REMUNERATION AND BENEFrrs
There were no trustees, remunerntion or other benefits for the y*ar end¢d 31 t)¢wnber 2024 nor for the year
ended 31 December 2023.
Trustees, ¢xp¢ns¢s
There were no trustees, expenses paid for the year ended 31 December 2024 nor for the year ended
31 Ikeernber 2023.
continued...

Broxbourne Romgng Club
Notes to the Financi81 Ststements- contitEued
for the Year Ended 31 Detember 2024
GOING CONCERN
The fjnanctal staternents have been prepared on a going coneem basis as the truste&% believe that no materiai
uncertainties exist. The trustees have considered the level of funds held and the ¢xpec¢¢d l¢v¢l of in¢ome and
expenditure for 12 months from authorising th¢s¢ fJThgncial statements. The budgeted income atMJ expenditure is
sufficient with tlK level of res¢rv¢$ for the tharity to be able to continue as a 8OII]8 coiitertL
TANGIBLE FIXED ASSETS
Freehold
property
Motor
vehicles
8ehinery
Tota
COST
At l January 2024
Additions
Disposals
I,000,Ix)o
610,653
49.713
(7.119)
7,750
1,618,403
49.713
17.119}
At 31 December 2024
I.000.￿)0
653,247
7,750
1.660,997
DEPRECIATION
At l January 2024
c.ha￿Te for year
Eliminated on disp)sal
36,200
18,100
415,443
33.513
{7.119)
6,21)0
1.550
457.843
53,163
{7,1191
At 31 Dec¢mber 2024
54.300
441.837
7,750
503,887
NET BOOK VALUE
At 31 December 2024
945.700
211,410
1,157,110
At 31 tk¢ember 2023
963,800
195,210
1.550
1.160.560
DEBTORS: AMOUNTS FALLINC DUE WITHIN ONE YEAR
31112124
31112123
Amounts owed by group undertakings
Othtr debtors
Prepayments and accrued income
3.573
200
10.094
2.421
400
4,692
13,867
7,513
eontinued...

Bry>xbourne Rowing Club
Note5 to the Financial StstemeDts- continu¢d
for tlke Year Ended 31 December 2024
CREDITORS: AMOUP4TS FALLI]YC DUE WITHJTr4 ONE YEAR
31112124
3111123
Trade creditors
ACcn￿S and deferred income
28.741
11256
28.742
12,256
io.
MOVEibfENT IN FUNDS
Net
movement
in fllnds
At
31112124
At 111124
Unrestrieted fullds
General fund
1,263,928
2,439
1,266,367
TOTAL FUNDS
I.263.￿8
2,439
1.266.367
Net movement in funds included in the above are as follows..
In¢oming
resources
Resources
expended
Movement
in fund$
UDrestricted funds
General fund
124.131
(121.692)
2,439
TOTAL FUNDS
124.131
(121,692)
2,439
Compar8tlve$ for movement in fvnd$
Net
movement
n funds
At
31112123
At inn3
Unrestricted fund8
General fund
1.274.133
(10.205)
1,263,928
T(¥fAL FUNDS
1,274,133
(10,205)
,263,928
Compardtive net movement tn fiJnd& included in the aEK)ve are as follows..
Incorning
restsurees
Resources
expended
Movement
in funds
Unrestritted futtds
fjeneral fund
113.949
{124.154}
(10.205)
TOTAL FUNDS
113.949
(124.154)
(10.205)
-10-
continued...

Broiknurne Rowing CIMb
Notes to the Fillaneial Statements- eontinued
ror the Year Ended 31 December 2024
MOVEMENT IN FUNDS- Continued
A ¢urrent year 12 months and prior year 12 month5 combined p05ition is as follows:
Net
movement
IN fund5
At
31112124
At 111123
iJnr&stricted funds
General fitnd
1,274.133
17.766)
1266,367
TOTAL FUNDS
1,274.133
(7,766)
1266,367
A cumt year 12 months and prior year 12 months ¢ombin¢d net movernent in included in the above are
as follows..
Incotning
resources
Resource5
expended
Movement
in funds
Unrestritted funds
General fund
238,080
(245,8461
(7.766)
TOTAL FUNDS
238,080
{245.846}
(7,766)
Within the fvnds Ca￿led fonvard a balancc of £593,973 (2023.. £593,973) relates to t1￿ ￿ValUation of the
freehold within the accounts.
ii.
RELATED PARTY DISCLOSURES
The charitable cotnpany has taken advantage of ¢xemption, under the terrns of Financial Reporting StsndaTd
102 The Financial Reporting Standard applicable in the UK and Republic of Ir¢I<￿d,, not to dis¢lose related
party trans&ctions with wholly owned subsidiaries withsn the ￿Up.
ULTIMATE CONTROLLING PARTY
There is no ultitnate cotrtrolling party of the company.

Broxbourne Rowing Club
Detslted Ststsment of Flnancial Activities
forthe Year Ended 31 December 2024
3111ZQ4
31112123
INCOME AP4D ENDOWMENTS
Donation5 and legacies
Donations
Membership income
15,320
80,61)7
9,836
79,531
95,927
89,667
Other trAding 8etivitieB
Fundraising events
Other Income
Racking income
S¢h¢x)I fees
Leam to Row
Insurance claims
2,700
1,439
2,400
4,724
2.740
9.158
6284
5,454
10.028
24,466
21,361
Investment income
Deposit account interest
1,688
621
Other incom¢
Gatn on sale of tangibl¢ fix¢d assets
2.050
2.300
Total ineomRng resovrees
124.131
113.949
EXPENDITURE
Other trAding Aetivities
Other Direct costs
2543
1,684
Charltablt aetlvltles
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Sundrie5
Repairs to boats and equipment
Boathouse refurbishment
Repairs to club and grounds
CleaTting and refiL5e collectio
Van running costs
CoachingT expenses
Subscrikrtions
Bank charges
DepreciatÈort of tangible fixed assets
1,180
15,109
5.480
1.180
988
13.548
11.257
1273
226
536
7JlO
4.910
2.676
2,732
2,508
16,346
1279
116
53,717
981
IlJ67
2,633
5.166
2,746
14243
2,140
482
53.162
115,869
119,422
This page does not fomi part of the statutory financi￿ statements
12-

Broxbourne Rowing Club
Detsiled Statem¢nt of Fingntikl Aetivities
for tht Y¢ar End¢d 31 December 2024
31112r24
31112123
Support costs
Governanet eoyts
Aceountancy fees
Professional & Legal fees
3,080
2(10
3,0(K)
48
3.280
3.048
Total resources expended
121,6¥2
124,154
Net iNcomel(expenditure)
2,439
(10,205)
This page does not foTm part of ihe stathtory financial statements
-13-