Trustees’ Annual Report for the period
From 12 November 2020 Period start date To 31 August 2021 Period end date
Charity name: Norwich Rowing Club
Charity registration number:1192654
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To promote participation in healthy recreation, in particular by the provision of facilities for the sport of rowing including sculling and related activities for the benefit of the inhabitants of Norwich and its environs. |
| 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 |
During the period there have been no activities or transactions. The trustees anticipate starting activities in September 2022. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees confirm they have considered the guidance on public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | Not applicable |
| Policy on social investment including program related investment |
Para 1.38 | Not applicable |
| Contribution made by volunteers |
Para 1.38 | Not applicable |
| 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 | During the period there have been no activities or transactions. The trustees anticipate starting activities in September 2022. |
| Additional information (optional) You may choose to include further statements |
where relevant about: | |
| Achievements against objectives set |
Para 1.41 | Not applicable |
| Performance of fundraising activities against objectives set |
Para 1.41 | Not applicable |
| Investment performance against objectives |
Para 1.41 | Not applicable |
| Other | Not applicable |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | During the period the charity had no transactions. At 31 August 2021 the charity had no assets and no liabilities. The charity anticipates acquiring in September 2022 the activities and assets, by way of a gift, of an unincorporated association also known as Norwich Rowing Club. The charity will then start its activities. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Not applicable at 31 August 2021. An appropriate reserves policy is under consideration and will be adopted before the commencement of activities in September 2022. |
| Amount of reserves held | Para 1.22 | Zero |
| Reasons for holding zero reserves |
Para 1.22 | During the period the charity had no transactions. At 31 August 2021 the charity had no assets and no liabilities. |
| Details of fund materially in deficit |
Para 1.24 | None |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | Not applicable |
Additional information (optional)
| Additional information (optional) | 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 | Not applicable |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | Not applicable |
| A description of the principal risks facing the charity |
Para 1.46 | Not applicable |
| Other | Not applicable |
Structure, Governance and Management
| Description of charity’s trusts: |
The charity is a Charitable Incorporated Organisation |
|
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Written constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | The charity is a Charitable Incorporated Organisation |
| 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 | The trustees and the members of the charity may appoint further persons to be trustees at general meeting. The trustees may fill casual vacancies which are then confirmed by members at general meeting. There are provisions for re-election by rotation. |
Additional information (optional)
You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | Not applicable |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | Not applicable |
| Relationship with any related parties |
Para 1.51 | Not applicable |
| Other | Not applicable |
Reference and Administrative details
| Charity name | Norwich Rowing Club |
|---|---|
| Other name the charity uses | None |
| Registered charity number | 1192654 |
| Charity’s principal address | Whitlingham Boathouses Whiltingham Lane Norwich |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| David Bolton | Chair | To 1 October 2021 | ||
| Nick Francis | ||||
| Clive Bound | ||||
| Donald Grieve | Chair | 1 October 2021 to 12 April 2022 |
||
| Julian Ringer | Chair | From 12 April 2022 | ||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets None held in this capacity Name and objects of the Not applicable charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not applicable 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
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| Nicholas Francis | ||
Trustee |
||
| 20 May 2022 | ||
| 20 May 2022 |
Norwich Rowing Club
Charitable Incorporated Organisation
Charity Number 1192654
Statement of Financial Activity for the period 12 November 2020 to 31 August 2021
Statement by the trustees
The trustees present the first accounts of Norwich Rowing Club, a charitable incorporated organisation. The charity was created on 12 November 2020, and registered on the Register of Charities with the Charity Commission on 4 December 2020.
In the period to 31 August 2021, there are no financial transactions to record. At 31 August 2021, the charity has no assets, and no liabilities. These statements are not subject to audit or inspection, and no audit or inspection has been undertaken.
The charitable objectives of the charity are to promote participation in healthy recreation, in particular by the provision of facilities for the sport of rowing including sculling and related activities for the benefit of the inhabitants of Norwich and its environs. To that end, the charity anticipates receiving a gift, in September 2022, of all the assets of Norwich Rowing Club (an unincorporated members club), and from that date, the charity will begin activities in furtherance of its objectives. The members of the unincorporated club have approved that gift, and approved the creation of the charity. It was originally anticipated that the gift of the assets and commencement of activities would be completed during 2021 but that has been delayed whilst banking and other administrative matters are finalised.
The trustees anticipate that the accounts to 31 August 2022 will also show no activities, but that activities will commence in September.
The Trustees declare that they have approved the above Statement of Financial Activity.
Nick Francis
Trustee