## **REGISTERED CHARITY NUMBER 1193372** **TRURO CANOE CLUB CIO TRUSTEES’ REPORT AND ACCOUNTS FOR THE PERIOD ENDED 30 SEPTEMBER 2025** 1 ## **TRURO CANOE CLUB CIO** ## **Trustees’ Report and Accounts** |**Contents**|**page**| |---|---| |Trustees’ Report|3 – 5| |Statement of Financial Activities|6| |Proft and Loss Report|Annex A| 2 ## **Trustees’ Report** ## **For the period ended 30 September 2025** The Trustees present their report and the accounts of the Club for the period ended 30 September 2025. ## **Reference and administrative details** **Registered charity name** TRURO CANOE CLUB **Charity Registration number** 1193372 ## **Principal o�ice** ## **The Trustees** Truro Canoe Club Boat shed Boscawen Park Malpas Road TRURO TR1 1SG Mr W M Sharpe Mr S Grant Mrs C Marriott Mr P Frost 3 ## **Structure, governance and management** ## **Governing document** Truro Canoe Club is a Charitable Incorporated Organisation registered with the Charity Commission on 2 February 2021. It has the registered charity number 1193372. The objects of the Charity are to promote community participation in healthy recreation within the community of Truro and its surrounding area by providing facilities to participate in paddle sports, principally kayaking and canoeing, both recreationally and competitively. The following served as Trustees throughout the period ended 30 September 2025: Mr W M Sharpe Mr S Grant Mrs C Marriott Mr P Frost The induction of process for any new Trustee, and indeed for those appointed at registration with the Charity Commission as appropriate, is that they are briefed by the existing Trustees on the Club’s organisational framework, risk management and the responsibilities of Trustees. They are provided with a copy of the Charity Commission’s guidance _‘The Essential Trustee: what you need to know and what you need to do’_ . The Trustees manage the CIO and the Club’s Committee manages the activities of the Club which are organised in order to delive the objectives of the CIO. ## **Risk management** canoeing activity related risks the Club faces and are satisfied that the necessary systems are in place to mitigate its exposure to them whether on the water or ashore. ## **Objectives and activities** In the promotion of community participation in healthy recreation within the community of Truro and the surrounding area, the Club conducts onwater activity throughout the year, tide and weather dependent, organises a 4 number of competitive events such as regular winter time trials as well as Hasler and other races. The Trustees are pleased to report an increase in membership and participation in the Club’s activities following a number of trial and taster sessions. These activities have allowed members to enjoy the benefits of training and competition activity with other kayakers to develop and improve their fitness and physical and mental well-being. ## **Achievements and performance** The Club is grateful for the voluntary support given by various members by fulfilling the management duties of Club Committee and delivering onwater activity. The boatshed and club equipment continues to enable activity to increase and develop with many members, both junior and senior, now advancing their racing performance. ## **Relationships with important parties** The Club maintains a number of important relationships with the sport’s National Governing Body (British Canoeing), other regional kayak racing clubs, Cornwall County Council and Truro City Council. 5 ## **Statement of Financial Activities** ## **For the period ended 30 September 2025** ## **Financial review** During the period ended 30 September 2025, as shown by the attached profit and loss report at Annex A, revenue totalled £8,368.74 and total expenditure for the period totalled £4,401.26. The excess of income over expenditure so arising was £3,967.58. ## In planning the Club’s activities for the period ended 30 September 2024, the Trustees kept in mind the Charity Commission guidance on public ## **Reserves policy** The Trustees’ policy is for the Club to have available free reserves in the face of unforeseen events and also to maintain a level of working capital to finance its charitable operations as has been required this period. ## **Trustees’ responsibilities** The Trustees are responsible, in compliance with the provisions of the Charities Act 2011, for the keeping of accounting records and for the preparation of the accounts. The Trustees’ annual report was approved at the Club’s AGM on 1 March 2026 and signed on behalf of the board of Trustees by: W M Sharpe Attachment: 6 |Profit & Loss Report||||| |---|---|---|---|---| |**Truro Canoe Club**|**01-OCT-2024 - 30-SEP-2025**|||| ||**Current Yr**|**Current Yr**|_Prior Yr_|_Prior Yr_| |**Fund(s): All Funds**||||| |**INCOME**||||| |**4000 REVENUES**||**5,798.49**||_3,872.37_| |4015 Clothing Sales|68.00||_42.54_|| |4020 Equipment Sales|1,200.00||_50.00_|| |4030 Membership Fees|3,489.49||_2,924.83_|| |4040 Training Sessions|70.00||_80.00_|| |4041 Private Boat Storage|971.00||_775.00_|| |**4100 OTHER INCOME**||**246.84**||_126.23_| |4101 easyfundraising|0.00||_15.61_|| |4125 Bank Interest|118.84||_110.62_|| |4150 Refudable Deposits|128.00||_0.00_|| |**5000 EVENT INCOME**||**1,370.69**||_1,351.37_| |5004 Entry Fees - Open Events|327.51||_266.54_|| |5009 Entry Fees - Fal Hasler|1,043.18||_1,014.59_|| |5095 Event Catering|0.00||_70.24_|| |**6000 TEMPORARY INCOME**||**952.82**||_981.96_| |6001 Entry Fees|952.82||_981.96_|| |**TOTAL INCOME**||**8,368.84**||_6,331.93_| |||||| |**EXPENSES**||||| |**7000 CLUB GENERAL EXPENSES**||**-529.92**||_-3,871.92_| |7003 Room/Facilities Hire|-25.00||_-25.00_|| |7009 Purchase of Kit & Equipment|-51.95||_-3,775.92_|| |7010 Purchase of Kit for Resale|-389.25||_0.00_|| |7020 Other Costs|-63.72||_-71.00_|| |**7100 SPORTS EXPENSES**||**-190.40**||_-197.00_| |7101 Association Fees|-180.40||_-187.00_|| |7107 Training Courses|-10.00||_-10.00_|| |**7200 OVERHEADS**||**-2,105.09**||_-1,853.79_| |7202 Heat and Light|-172.00||_-169.51_|| |7206 Insurance Costs|-1,184.94||_-1,072.06_|| |7207 Bank Charges & Expenses|-57.86||_-63.98_|| |7216 Computer Expenses|-181.89||_-290.76_|| |7217 Maintenance of Clubhouse|-428.40||_0.00_|| |7218 Ground Rent|-80.00||_-80.00_|| |7223 Boat Maintenance|0.00||_-177.48_|| |**7300 EVENT EXPENSES**||**-1,575.85**||_-1,516.01_| |7301 Entry Fees paid on behalf of Member|-1,323.00||_-1,263.00_|| |||||| |Clubtreasurer.com Thu Feb 12 16:05:27 UTC 2026 STEVE.|2
Page 1 of|||| ||**Current Yr**|**Current Yr**|_Prior Yr_|_Prior Yr_| |---|---|---|---|---| |7315 Event Levies|-222.00||_-216.00_|| |7322 Trophies & Awards|0.00||_-37.01_|| |7332 Catering|-30.85||_0.00_|| |**TOTAL PAYMENTS**||**-4,401.26**||_-7,438.72_| |||||| |**NET PROFIT/(LOSS) FOR PERIOD**||**3,967.58**||_-1,106.79_| Clubtreasurer.com Thu Feb 12 16:05:27 UTC 2026 STEVE. Page 2 of 2