## **Trustees’ Annual Report for the period** **From 1[st] March 2022 Period start date To 28[th] February 2023 Period end date** ## **Charity name: Royal Chester Rowing Club** ## **Charity registration number: 1188080** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**Royal Chester Rowing Club promotes**
**the sport of amateur Rowing in and**
**around Chester and seeks to enable all**
**in the community to participate either**
**socially or competitively**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|**The club’s membership is open to all**
**and the club offers rowing to people**
**with all levels of experience; the club**
**offers “learn to row courses” for adults**
**and a junior summer school to**
**introduce people with no rowing**
**experience who can then decide**
**whether they wish to join as long-term**
**members. Rowing is an aerobic sport**
**which has health benefits for all and the**
**club brings rowing to people from age**
**12 to 80 plus.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The Trustees have regard to the Charity**
**Commission’s “Public Benefit”**
**guidance.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|**The CIO does not make charitable**
**grants**| |Policy on social investment
including program related
investment|Para 1.38|**The CIO does not invest its funds.**| |||**The club is run entirely by volunteers**
**and has no employees. The coaching**| |Contribution made by
volunteers|Para 1.38|**comes from a mixture of unpaid**
**volunteers and self-employed paid**
**coaches.**| |---|---|---| |Other||| |**Achievements and Performance**||| ||SORP reference|| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**The Club worked collaboratively with its**
**members this year to develop a 5-year**
**Strategic Plan. In addition to measures**
**to improve its own culture and facilities,**
**the plan includes a commitment to**
**engage further with its local community.**
**Outreach work with local schools**
**included a pilot programme which**
**involved teaching disadvantaged young**
**people to row in order to improve**
**fitness and motivation for learning.**
**Our facilities were shared with several**
**other rowing clubs across the country**
**to help with their training programmes.**
**Improvements were made to the**
**operation of Open Events we organise**
**for racing on the river Dee, including a**
**greater emphasis on feedback from**
**participants. These events provide a**
**showcase for the sport to local**
**residents.**
**The main achievement of the charity**
**continues to be offering the opportunity**
**of healthy exercise to residents of**
**Chester and surrounding areas. Our**
**Learn to Row courses attracted 70**
**adults (67% women) during this period**
**of whom over 75% chose to continue**
**with rowing compared with less than**
**50% previously. The Summer School**
**programme involved 66 young people**
**(42% girls) learning to row helped by 10**
**coaches and 24 junior helpers.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Achievements against
objectives set|Para 1.41|| |Performance of fundraising
activities against objectives
set|Para 1.41|| |||| |---|---|---| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**The charity holds reserves to enable it**
**to maintain good quality facilities for its**
**members and the bulk of its reserves**
**are held to enable it to redevelop its**
**boathouse with a safe modern facility**
**which will help it provide access to**
**rowing for more residents of Chester**
**and surrounding areas**| |Amount of reserves held|Para 1.22|**£328,141 year end designated and**
**restricted funds [not including £7,082**
**unrestricted funds]**| |Reasons for holding zero
reserves|Para 1.22|**N/A**| |Details of fund materially in
deficit|Para 1.24|**There are no such funds**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**There are no such uncertainties.**| |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**Subscription income**
**Learn to row courses/ junior summer**
**school**
**Grant applications to relevant charities.**| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**The CIO takes a cautious approach to its**
**funds which are held in listed**
**banks/building society and therefore**
**protected. In these circumstances a**
**social investment policy is not**
**necessary.**| |A description of the principal
risks facing the charity|Para 1.46|**The main risks are loss of members due**
**to the club’s inadequate premises and**
**repairs being required due to the**
**dilapidated state of the premises.**| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Trust Deed**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Trustees are elected by the members of**
**the CIO at the AGM by ballot. Trustees**
**retire by rotation on a 1/3 basis and the**
**dates for such retirements have been**
**selected by lot. The CIO is encouraging**
**applications from underrepresented**
**groups.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other ## **Reference and Administrative details** |Charity name|Royal Chester Rowing Club| |---|---| |Other name the charity uses|| |Registered charity number|1188080| |Charity’s principal address|Royal Chester Rowing Club
The Groves Chester
CH1 1SD| ||| ## **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||John Boothman|||| ||John C Davies|||| ||Andrew Firman|Committee Chair||| ||Christopher Bird|||| ||Michal Palamarczuk|||| ||Chloe Sheward|Club Captain||| ||Adam Wilson|Treasurer||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name none** Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |**none**||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** Description of the assets none held in this capacity Name and objects of the none charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for none safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Type of**|**Name**|**Address**| |---|---|---| |**adviser**||| **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Slgnature(s) Full name(s) Position leg Secretary, Chair, etc) Andrew Firman Committee Chair Date lo 13 ROYAL CHESTER ROIMNG CLU8 ACCOUNTS FOR TKE YEAR ENDING DOCUMENT 1 lof21'. Charlty No 11B8080 28-Fobruary-2023 Rgcolpts and Paym•nts Account FY 2023 FY 2022 unrOBrri¢te lund¥ OBVlCto0 fvnds fund¥ Tothl funds Total funds Incom8 Substriptions and boat storage Rowingtuitio Hire of Clubroom and equipment 64,046 19,060 4.428 11.863 807 16.635 4.113 66.378 14.680 1.320 1.159 19.060 4,428 11,863 807 16,635 4,113 Shop Sale5 Events RCRC IW Club Insurènce c13im reimbursement Admin. key deposits. etc 4.144 3,880 793 240 4.470 12.547 138,210 240 4.470 12.547 138,210 2.038 5,585 91,010 Raclng deposlts Sub-total set sales and and other IrKome Equipment dispos315 Sponsorship and Donations Grants sub.total 55 11.221 55 14.931 3.710 4,218 3,500 7,718 11,276 3,710 14,9B6 Totsl re¢elpts 149,486 3,710 153,196 98,728 Exptrnttiture Subscription refund5 Idueto Covidl 3.219 2.076 4.430 10.178 1.098 11.653 19.825 3.146 3.227 11,410 915 9,211 23.938 630 6.595 1.831 10.279 1.792 1.525 12.806 87.305 3.146 3427 11,410 915 16,611 23,938 630 8,595 1,831 10.279 1.792 1,525 12.806 94,70S Premises maintenance Insurances Adrnin. Bank Charge5, etc Equiprnènt maintellance Club coèchln8 Shop stock 7,4CM) 1,035 4,315 3.877 1,955 1,634 4,667 69,962 Rowing tuition costs Event costs RCRC I￿ Club cost5 Affiliarion fees Racing costs sub-total A%set purchases and and other expendl¢ure Boat acquisitions 21.934 276 8.195 3.710 30.130 3.986 3,640 5,725 Site Oeveloprnent C05t5 5ub-totsl 22.210 11,gOS ,115 9.366 Totsl payments 109,516 19,306 128,820 79.327 Net of receiptsllpaymentsl 39.971 115,595 24,376 19.401 Transfers between funds 156.41151 56.406 Cash fund$ lasi year end 23,517 202.960 84,370 310.847 291,446 Cash funds thlsyearend 7.082 269,366 68,775 335,223 310.847 The attached notes form part ol these financial $¢Jtements Sl8ned by trustee50n behallof all the trustees gnat Print Dato of approval 21st Jun8 2023 A D Flrni•n E AWi18011 18th Juno 2023 NOTES.. l. These accoun15 h8ve been prepa￿d on a rettipts and payments basis in accordance with Charlty Commisslon 8uidance. 2. All fund5 are to the Treare5t £. 3. The rÈ5tricted funds relate to £1È8acy and grants received which are to be spenr on boats or premlses. 4. The balance on the race account, which 15 held on behalf of racing members, h35 been included In c35h funds and shown as a liability with associated entrie5 being rnade for racin8 deposit5 received and racingcosts incurred during theyear. ROYAL CHESTER ROWING CLUB ACCOUNTS FOR THE YEAR ENDING DOCUMENT 21¢)f 21.. Charity No 1188080 28-February-2023 ststem6nt ot a888ts & Ilab116tles at the p8r6od end FY 2023 FY 2022 Unrestricted Designated fund5 fund$ Restricted fvnd$ Total fund8 Totsl funds Cash Current atcounts Deposlt accounts Cash in hand Tot81 cash fvnds 6,832 6,832 328,141 250 23,206.90 287,439.73 200.00 259,366 68,775 250 7,082 269,366 68.775 335,223 310.B47 Other monetary assets In¥estrllent a55ets Assets retsined for the tharlty's own ys¢ Trade receivables Stock.. bar and shop 1,414 1.414 496 Freehold and buil(Sings Boats and equipment 15,552 475,274 492,241 15.552 475,274 492.241 15.552 483,062 499,111 Trade creditor Subsclition refund5 agreed Key deposlts R3cing dep05itS 1,240 5,381 6,621 1.240 5,381 6,621 1,000 5,640 6,640 The attached notes form part ofthese finantlal statements Signed by trustees on behalf of all thetrustees S*Enatur Prlnt Name Dats of appmval 21$tJune 2023 A D Finnan E A Vli150n 18th June 2023 P40TES.. l. The* accounts have been prepared on a receipts and payments basis in accordance with Charity Commis510n Euidance. 2. All lund5 3re to the nearest £. 3. The Oesi8nated funds are held for future Development costs a54pproved bythe Committee. 4. The A55Èts retained for the charity's own use are valued at cost. 5. Following an èsset review in Sep-22 an adjustment of £41.903 was made to Boats and equipment for historic assets no longer hÈld. Independent examinerfs report to the trustees of Royal Chester Rowlng Club I report to the trustees on my examinalion of the arI￿nts of tho Royal Chester Rmng Club ts the year ended 28 Febnjary 2023. Responslbllltles and basls of report As the charity trustees of the Royal Chester RThwrrfJ Club. you are responsib￿ for the preparation of the a¢xounts in 8Lxordanc* with the requirefftnts of the Charibes Act 2011 {Ihe Act,). I report in respect of my examination of the Royal Ctrtstsr Rowirwj Club's 8QX)unts carried out under sectton 145 of the 2011 Ad and in caryying out my examination I have followed all the applicable Directions given by the Chanty ComMiss￿n under S￿t￿)n 145151(b) of the ACL Indepgndent 8xamlngrf5 statsm•nt I have comFAeted my examination. I ￿nfirrn that rK) rnaterial matter5 have coffe to my attention in connecbon with the examination giwng me cause to t￿lIeVe that in any material r*.. 1. accounting recuds wwe r￿t kept in respxt ofthe Royal Chester Rowing Club as required by sedion 130oftheArt or I have no COn￿mS and have come auoss ￿ other matters in connection with the examination lo which attention should be drawn in this re￿rt in ijrderto enable a prow Unde￿nding ofthe a￿Unts to be Signed: Name.. Helena Johnson ACA Address: The Cape, Church Road. Tilston. Malpas. SY14 THB Date: 26 June 2023