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2021-02-28-accounts

Objectiv es and Activ iti es
SORP reference
Summary
ofthe purposes
the charity as set out in its
of Para 1 17 Royal Chester Rowing Club promotes
the sport ofamateur
Rowing
in and
governing document around Chester and seeks to enable ag
in the community
to participate
either
sociall
or corn
etitivel
Summary
activities
ofthe main
in relation lo those
Para 1.17and
1 19
The club's membership
is open to all
and the club offers rowing to people
purposes
for the public
benefit,
in particular,
the
with all levels ofexperience; the club
offers "learn to row courses" for adults
activities, projects or and ajunior summer school to
services identified
in
the introduce
people with no rowing
accounts. experience who can then decide
whether they wish tojoin as long-term
inembers.
Rowing is an aerobic sport
which has health benefits for all and the
club brings rowing to people from age
12to 80
lus.
Statement confirming Para 1.18 The Trustees
have regard to the Charity
whether
the trustees
have Commission's
"Public Benefit"
had regard to the guidance guidance.
issued
by
the Charity
Commission
on public
benefit
ou ma
c
hoose to include fu rther statement
SORP reference
s
where relevant
about:
s
where relevant
about:
The CIO does not make charitable
Para 1.38 grants
Policy on grant making
The CIO does not invest its funds.
Para 1.38
Policy on social investment
including program related
investment
The club is run entirely by volunteers
and has no em lo ees. The coachin
Contribution Contribution Contribution made by made by Para 1.38 comes from a mixture of unpaid
volunteers volunteers
and self employed
paid
coaches.
Other
chieve m e nts and Performance
SORP reference
The performance
ofthe charity has been
significantly
impacted
by the covid-19
lockdown measures
in force over this 12
Summary
of
achievements
the
of
main
the charity,
Para 1.20 month period. There has been no
competitive
rowing at all .The club has
identifying the difference the been able to resume
recreational
rowing
charity's work has made to subject to social distancing
and covid
the circumstances of its measures.
The club has lost some
beneficiaries and any wider members
during
the period but has
benefits to society as a maintained
a strong core membership.
whole. The club has offered a partial rebate of
subscriptions
to reflect the limited
access to club facilities, The main
achievement
ofthe charity has been to
continue to offer the opportunity
of
healthy exercise to residents ofChester
and surrounding
areas.

Achievements
against
Para 1.41
objectives set
Performance
offundraising
activities against objectives
Para 1.41
set
Investment
performance
Para 141
against objectives
Other

Financial Review Review
Review of the charity's Para 1.21
financial
position at
the end
ofthe
eriod
Statement explaining the Para 1.22 The charity holds reserves to enable it
policy for holding
reserves
to maintain
good quality facilities
for its
stating
why they are
held members
and the bulk of its reserves
are held to enable itto redevelop its
boathouse
with asafe modern
facility
which will help it provide access to
rowing for more residents ofChester
and surroundin
areas
Amount of reserves held Para 1.22 6261,390year end designated
and
restricted
funds [not including
625,334
unrestricted
funds
Reasons for holding zero Para 1.22 N/A
reserves
Details of fund materially in Para 1.24 There are no such funds
deficit
Explanation ofany Para 1 23 There are no such uncertainties.
uncertainties
about the
charity continuing
as a going
concern
Additional information (optional)
You ma
choose to include
further statements where relevant
about:
Subscription
income
Learn to row course/ junior summer
The charity's
principal
sources offunds
(including
Para 1.47 school
Grant applications
to relevant charities.
any fundraising)
The CIO takes a cautious approach to its
funds which are held in listed
Investment
objectives
policy and
including
any
Para 1.46 banks/building
society and therefore
protected.
In these circumstances
a
social investment
policy
social investment
policy is not
adopted necessary.
The main risks are loss ofmembers due
to lock down restrictions
and loss
of
A description
ofthe
principal Para 1 46 members
due to the club's poor
risks facing the charity premises.
Other

tructure,
Governance
and Man agement
Description
ofcharity's
trusts:
Type of governing
document
Para 1.25 Trust Deed
How is the charity Para 1.25 CIO
constituted?
Trustee selection methods Para 1.25 Trustees are elected by the members of
including
details of any
the CIOat the AGM by ballot. Trustees
constitutional
provisions e.g.
retire by rotation on a 1/3 basis and the
election to post or name of dates for such retirements
have been
any person or body entitled selected by lot. The CIO is encouraging
to appoint one or more applications from underrepresented
trustees I'ou s.

Policies and procedures
adopted
for the induction
Policies and procedures
adopted
for the induction
Para 1.51
and training oftrustees
The charity's
organisational
structure
and any wider
Para 1.51
network
with
which the
charity works
Relationship with any related Para1.51
parties
Other

Charit name Ro al Chester Rowin Club
Other name the charit uses
Re istered charit number 1188080
Charity's principal address Royal Chester Rowing Club
The Groves Chester
CH1 1SD
ames ofthe charity tru stees who ma nage th e charity
Trustee name Office lif any) Dates acted ifnot for whole
ear
Name
to a
ofperson (or body) entitled
oint trustee
ifan
1 John Boothman Whole year
2 John C Davies As above
3 Andrew Firman As above
4 John McGarva Committee Chair As above
Michal As above
Palarmarczuk
6 Chloe Sheward Club Captain As above
7 Adam Wilson Treasurer As above
8
9
10
11
12
13
14
15
16
17
18
19
20

Signed on behalf ofthe charity's truste
Signature(s) John McGarva
Full name(s) John McGarva
Position (e'g Secretary, Committee
Chair
Chair, etc)
Date 14-7-2021

FY2021 FY2020
Unreetncteu Designated Restncted
funds funds funds Total funds Total funds
5 5
Income
Subscriptions
and
boat storage 52,724 52,724 55,726
Rowing tuition 1,350 1,350 19,982
Hire ofClubroom and equipment D 0 2,602
Fund raismg 2,195 2,195 4,125
Shop Sales 140 140 934
Events 0 0 9,260
RCRC 100Club 2,185 2,185 1,755
Insurance
claim
reimbursement 0 0 3,490
Admin,
key deposits, etc
0 0 20D
Interest 869 869 937
Sub-total 59,463 0 0 59,463 99,010
Asset sales and and other income
Boat disposal s 14,50D 0 0 14,500 2,800
Sponsorship
and
Donations D 0 100,000 100,000 7,572
Grants 13,422 0 13,900 27,322 0
Sub-total 27,922 0 113,900 141,822 10,372.00
Tata(receipts 87,385 0 113,900 201,285 109,382
Expenditure
Subscription
refunds
455 455 0
Utiiitie s 2,927 2,927H, 3,694
Premises maintenance 3,604 3,604 6,453
Insurances 10,665 10,665 13,488
Admin,
Bank Charges, etc
859 859 266
RCRC Trust donation D 0 1,76D
Equipment
maintenance
2 094 2,094 11,240
Club coaching 13,523 13,523 18,273
Shop stock 80 80 625
Fundraising
costs
860 860 1,867
Rowing tuition costs 933 933 8,912
Event casts 1,087 1,087 4414
Affiliation fees 1,519 1 519 I 734
Sub-total 38,606 0 38,608 72,728
Asset purchases and and other expenditure
Boat acquisitions 0 29,390 29,390 8,250
General acqwsitions 2,498 0 2,498 3,530
Site Development costs 0 0 0 0
Sub-total 2,498 29,390 31,888 11,780
Total payments 41,105 29,390 70,495 84,508
Net ofreceipts/(payments) 46,280 84,510 130,790 24,874
Transfers between funds (176,880) 176880
Cash funds last year end 155,934 155,934 131,060
Cash funds this year end 25,334 176,880 84,510 286,724 155,934

DOCUMENT2( of2H
Statement ofas sets 5 liabilities at the period end
FY 2021 FY2020
Unrestricted Designated Restricted
funds funds funds Total funds Total funds
6 E E E 6
Cash funds
Current accounts 25,225 25,225 10,329
Deposit accounts 109 176,880 84,510 261,499 145,295
Cashin
hand
310
Total cash funds 25,334 176,880 84,510 286,724 155,934
Other monetary assets
Nil Nil
Investment
assets
Nil Nil
Assets retained for the charity'sown use
Trade receivables
Stock: bar and shop 806 806 806
Club silver 1 1 1
Freehold
and buildings
15,552 15,552 15,552
Boats and equipment 476,337 476,337 461,179
492,696 0 492,696 477,538
Liabilities
Trade creditor 2,640 2,640
Subscrition
refunds
agreed 3,706 3,706
Key deposits 680 680 680
7,026 0 7,026 680