ROYAL LEAMINGTON SPA CANOE CLUB Trustee Report & Accounts- 31 December 2024 S*oE General Information REGISTERED CHARITY NUMBER: 1189190 TRUSTEES.. Thomasina Lukehurst Janine Farmer Dawn Mussell Melvin Bird Rose Durrant ADDRESS: Royal Leamington Spa Canoe Club Adelaide Road Royal Leamington Spa Warwickshire CV32 SAH INDEPENDENT EXAMINER: Jason Foxwell FCCA FCIE PO Box 9846 Poole BH15 9JZ Page I
ROYAL LEAMINGTON SPA CANOE CLUB Trustee Report & Accounts- 31 December 2024 S*oE 2. Trustees. Report The trustees present their report for the period ended 31 December 2024. STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees are required to prepare accounts for each financial year, which reflect the receipts and payments of the charity and of the surplus or deficit of income against payments for the year. The trustees are responsible for keeping proper accountinE records which disclose with reasonable accuracy at any time the financial position of the charity- and • safeguarding the assets of the charity and hence for taking reasonable steps for prevention and detection of fraud and other irregularities. LEGALAND ADMINISTRATIVE The charity was formed as a new Charitable Incorporated Organisation ICIOI on 23 April 2020 under Charity Commission registration no.. 1189190. It is governed by a CIO Constitution. OBJECTIVE The objective of the charity is to promote community participation in healthy recreation, for the benefit of the inhabitants of Royal Leamington Spa and the surrounding area by the provision of facilities and opportunities to participate in canoeing, kayaking and paddleboards Icommonly known as paddle sport). Below are the detailed objectives as defined in the Charitable Incorporated Organisation ICIOI. l. The overall objective of Royal Leamington Spa Canoe Club is to provide a safe and secure environment, where all people can try and take part in paddle sport. 2. Develop existing paddlers 3. RLSCC supports a. Local children progress in paddle sport by offering the most relevant governing body schemes b. Recreational paddlers by promoting white water and placid-water paddling c. Competitive paddlers by providing regular training sessions for Sprint and Marathon paddlers d. Coaches by providing training and courses to ensure members can paddle in safety e. Volunteers as they support the day to day running of the club 3 Revlew of Actlvltles Report 2024 was a successful year for RLSCC. The AGM in June saw the election of a new committee to manage the club's daily operations. Recreational Group: Delivered beginner and advanced coaching sessions, including white water and pool sessions early in the year. This stabilized membership, with new recruits balancing retiring members. The club continued its coach development program, offering training for skill improvement, support for coaching certifications, and development opportunities for junior coaches. We are additionally developing Stand Up Paddleboard and Open Canoe coaching. Page 2
ROYAL LEAMINGTON SPA CANOE CLUB Trustee Report & Accounts- 31 December 2024 Racing Team: Recognized by British Canoeing for talent development. Received funding via the Talent Pathway to support coaching provision, although the national Para Canoe Fund was discontinued. We have increased our activity in coaching Adult Racing Paddlers. Events: The Hasler Race took place with a good field of entries from across the region. We planned a Warwick Sprints Event which was cancelled due to bad weather. The Doggy Paddle was successfully held with a record number of participants- we extend our thanks to Michael Gallion for the hard work he has Put into organizing the Doggy Paddle over the years. Standards and Compliance: Paddle UK introduced new Standards for Deployment in 2024, which the club is adopting. Our commitment to high standards enabled us to meet the tightened Safeguarding requirements and we are on track to meet all the other deadlines. Approved by the trustees on 6 June 2025 and signed on their behalf by: Thomasina Lukehurst Trustee Page 3
ROYAL LEAMINGTON SPA CANOE CLUB Trustee Report & Accounts- 31 December 2024 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ROYAL LEAMINGTON SPA CANOE CLUB I report to the trustees on my examination of the accounts of Royal Leamington Spa Canoe Club I'the charity") for the period ending 31 December 2024. Responsibilities and basis of report As the trustees of the charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent examIneS statement I have completed my examination. I confirm that no material matters have come to my attention in connertion with the examination giving me cause to believe that in any material respect.. l. accounting records were not kept in respect of the Trust as required by section 130 of the act. or 2. the accounts do not accord with those records. I have no concerns and have come across no other matters 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. Jason Foxwell FCCA FCIE independent-examiner.net PO Box 9846, Poole, BH15 9JZ Date= 6 June 2025 Page 4
ROYAL LEAMINGTON SPA CANOE CLUB Trustee Report & Accounts- 31 December 2024 S*oE Receipts and Payments Account for the period ended 31 December 2024 Club Revenue 2024 2023 2022 Comments Reference 2024 Accounts Membershlp Use of Club Boat Key Fobs Rack Fees Adult Junior Associate Social Family Gym 17,251.50 19,146.50 18,494.85 Totsl 17,251.50 19,146.50 18,494.85 Donations, Grants & Sponsorship 5,500 11,600.00 Grantspend 16,898.10) 16,070.431 No Spend vet against 2024 Grant Income (Vinci UK £5), Paddle UK Bursary £5LK)I. Club Expenditure Auditing & Accounting British Canoeing Affiliation Building Improvements Cleaning Consumables Cleaning Services Club Maintenance Electricity 1579.701 11,075.601 118,324.311 15.001 1343.511 1343.371 11,327.621 1548.601 11,125.601 11,792.801 112.151 11,050.011 1521.951 1989.471 1510.(X)I 11,440.801 16,248.481 2024 11,075.491 1287.561 1631.881 Cleaner left during 2024 Insurance paymènis werè not made in 2023 ItiminBdifference- Insurance payrnent5 now being made in ¢orre¢t yearl. Insurance 1638.851 101 1820.141 Go Cardless Fees Legal Services Miscellaneous Expenditure Membership System IMCHI Safeguarding Stripe Fees Ilncluding Merchant) Telephone & Internet Services Training Courses Waste Management Water Rates WDC Building Insurance WDC Lease & Rates 1131.751 101 13,676.551 1739.201 1103.431 101 12,150.491 101 101 1823.521 101 138.001 1319.761 1653.711 1633.101 15.001.051 1133.731 1360.(X)I 12,222.361 1782.401 138.001 1827.461 139.601 1849.001 1107.751 1636.671 11,017.221 15,018.651 Safe guarding 15 paid by each group as of 2023 1785.891 186.401 101 1341.481 1901.611 1641.621 15,044.711 Page 5
ROYAL LEAMINGTON SPA CANOE CLUB Trustee Report & Accounts- 31 December 2024 Website & Hosting 1273.601 Stationary, Postage & Printing Advertising Total Club Expenditure 1952.801 148.001 2023 Cost Included membership system c05t 135,260.771 {16,728.44} 123,095.191 Events Avon Decent Hassler Income Doggy Paddle Totsl Event Income Avon Decent Cost 2,075.00 1,781.00 7,939.50 11.795.50 11,441.751 13,148.001 14,589.75) 3,070.73 8,995.00 12,065.73 1303.781 14,498.001 14,801.781 1,723.06 5,153.50 6.876.56 Doggy Paddle Expenditure Totsl Event expenditure 12,444.251 12,444.251 Other Income HMRCGiftAid Miscellaneous Income 50.03 1,920.00 4,341.76 In 2023 this was for hiring the club to flying Gecco. 2024 Not yet charged Bank Interest Totsl 2,291.58 2,341.61 1,351.17 3,271.17 102.73 4,444,49 Racing Section Income BC Funding Coaching Fees Misc Income Grants Awarded Totsl 15,000.Cx) 11,110.41 643.50 17,954.00 7,442.97 392.00 29,066.(M) 12,580.98 725.50 26,753.91 25.788.97 42.372.48 Racing Section Expenditure Coaching Courses (Racing) Coaching Staff Wages Equipment Purchases Safeguarding Courseslcosts First Aid Courses/Costs Miscellaneous Expenditure Totsl Surplus for Racing Group 101 112,987.571 1272.971 152.001 1135.001 1228.961 113,676.501 13,077.41 11,920.001 110,726.701 113,440.381 1152.001 101 11,992.481 {28,231.56) 12,442.591 1710.(K)I 117,721.321 11,840.001 101 101 13,023.751 139,887.001 2.485.48 Recreational Section Income Coaching Fees (Recreational Adult) Coaching Fees (Recreational Junior) Pool Sessions 3,595.00 1,516.00 895.00 6,037.00 2,402.00 790.75 7,322.00 2,493.00 1,638.00 Christmas Party Payments Grants/Donations Awarded Rec Trips Totsl 560.00 624.00 729.CX) Income for Christmas party is in lan 2025. 3,710.50 10.276.50 1,610.50 11.464.25 6.50 12.188.50 Offset with Rec Trips Page 6
ROYAL LEAMINGTON SPA CANOE CLUB Trustee Report & Accounts- 31 December 2024 Recreational Section Expenditure Coaching Course (Recl Pool Invoices (Everyone Activel Safeguarding Courses/Costs First Aid Courses/Costs New Equipment Purchases Miscellaneous Expenditure IRecl 12,343.151 1983.501 1147.301 11,170.001 180.501 101 13,540.981 11,060.731 1152.001 160.001 101 1140.291 12,297.931 12000.001 101 101 101 101 Rec Trips Totsl Surplus for Rec Group. 11,950.001 16,674.451 3,602.05 11,650.001 16.604.00) 4,860.25 14.297.931 RLSCC Summary of P&L on working account 2024 income 74.189.25 71,466.39 2024 expenditure 160,413.501 163,051.851 Surplus/lLoss on Yearl 13,775.75 8,414.54 37,594.15 Note= The surplus is the total of income vs outgoing in the working account. The data was not summarised prior 10 2024 report See above RLSCC Working Account Final statement Cash in Bankasof 31112 14,872.09 14,806.47 44,166.06 Cash Reserve Note- OwinE to forward commitments for the Club decking replacement, it is proposed that no funds will be moved to the cash reserve. Interest of £2,291.58 has been also accumulated in the cash reserve during 2024. £13,077.41 was added to racing cash reserve. £3,602.05 was added to recreational cash reserve. £2,903.71 Building fund was decreased Ibased overall operational deficit excluding Rec and Racing) Cash Reserve {at stsrt of new year after transfer to Cash Reserve) Jan 2025 Jan 2024 77,680.17 80,583.88 675.08 675.08 lan 2023 65,494.28 7,573.18 Building Fund Grant Spend Coaching Fund IRecl Club Deficit taken from Buildin8 Fund No Spend in 2024. Rec Coaching surplus of £3,602.05 added Racing funds surplus of £13,077.41 Added 27,755.36 24,153.31 19,552.88 Coaching Fund (Racing) Equipment Fund Colin Manton Fund Gym Fund Totals 59,275.00 46,197.59 48,831.88 1,674.66 167,060.27 1,674.66 153,284.52 1,674.66 143,126.88 No Spend 2024 Page 7
ROYAL LEAMINGTON SPA CANOE CLUB Trustee Report & Accounts- 31 December 2024 BTBakdmofClubAsset51wlnsuTrnGq Puse5 2024 2023 2022 Canoes & Equipment Kitchen White Goods & Equipment Gym Equipment Audio Visual & Laptop 175,000 15,000 8,500 1,200 168,351 2,582 7,500 1,200 Approved by the trustees on 6 June 2025 and signed on their behalf by.. Thomasina Lukehurst Trustee Page 8