## **Trustees’ Annual Report for the period**
**From** 04/05/2021 - **Period start date To** 05/04/2022 **- Period end date**
**Charity name: Bude Pilot Gig Club**
## **Charity registration number: 1194318**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The promotion of community participation in
healthy recreation for the benefit of the
inhabitants of Bude and the surrounding
area by the provision of facilities for gig boat
racing and the advancement of the public’s
understanding of gig boat racing, its origin,
history and cultural roots|
|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 main activity of the club is pilot gig
rowing, competitively or socially.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|Trustees have had regard to the guidance
issued by the charity Commission on public
benefit|
## **Additional information (optional)** You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers
Other
## **Achievements and Performance**
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SORP reference
Membership at Bude Pilot Gig Club runs for
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|**Achievements and Performance**|**Achievements and Performance**|**Achievements and Performance**|
|---|---|---|
|SORP reference|||
|||Membership at Bude Pilot Gig Club runs for|
|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|a calendar year. By end 2022 there were 68
active adult members and 14 junior
members benefiting from the participation in
the sport of gig rowing.|
**Additional information (optional)** You may choose to include further statements where relevant about:
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Achievements against Para 1.41
objectives set
Performance of fundraising
activities against objectives Para 1.41
set
Investment performance Para 1.41
against objectives
Other
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## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|Total assets at end of financial period were
£24,348|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Reserves are held for specific projects and
general overheads. At this this time the club
has two ongoing projects: the building of a
new gig shed and the purchase of a new
racing boat|
|Amount of reserves held|Para 1.22|£10,467 held in reserve for new racing boat,
£1,230 for new gig shed, remainder for
general overheads|
|Reasons for holding zero
reserves|Para 1.22|N/A|
|Details of fund materially in
deficit|Para 1.24|N/A|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N/A|
|**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|The club’s main source of funds are annual
membership fees, training subs and general
fundraising.|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution|
|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 selected during the AGM or by
the committee of trustees. There must be at
least 6 trustees, maximum 15. At least one
third of charity trustees will retire at each
AGM.|
**Additional information (optional)** You may choose to include further statements where relevant about:
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**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||
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
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Charity name Bude Pilot Gig Club
Other name the charity uses Bude Gig Club
Registered charity number 1194318
Charity’s principal address Crimpa Farm, Pancrasweek, Holsworthy, EX22 7JN
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## **Names of the charity trustees who manage the charity**
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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Jody Dennett
2 Neil Dennett
3 Terri Hopper
4 Louise Gunning
5 Gabriela Zankl
6 Kerry Schubert Chair 16/12/2021
Jacqueline Secretary 16/12/2021
7
Hardwick
8 Deborah Squirrell 16/12/2021
9 Jennifer Parker 16/12/2021
10 James Neep 16/12/2021
Samantha 16/12/2021
11
Woodhouse
12 Sarah Welburn Treasurer 09/05/2022
13
14
15
16
17
18
19
20
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– 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 held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for 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**
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BUDE PILOT GIG CLUB
PROFIT AND LOSS - 31 MARCH 2022
2022 2021
INCOME
Memberships 4,390 2,850
Training 1,564 1,080
Fundraising 3,794 160
50:50 income 815
Kit 40 280
Donations 287
Grant 1,500
Gig shed donations 1,975
10,603 8,132
INTEREST 1 5
EXPENDITURE
50:50 prizes 297
Insurance 697 840
Legal 1,900
Rent 1,000
Memberships and hosting fees 394 872
Administration 475
Repairs 981
Mileage 15
Sundries 380
Equipment purchase 1,365
Equipment depreciation 263
Race fees 425
6,352 3,552
SURPLUS OF INCOME OVER 4,252 4,585
EXPENSES
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2
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BUDE PILOT GIG CLUB
BALANCE SHEET - 31 MARCH 2022 Note £
CAPITAL ASSETS 1
Gig shed (asset under construction) 1,230
Equipment 5,737
Net Book Value 6,967
Current Assets
Prepayments
Bank Account: Business Current Account 3,657
Bank Account: Deposit Account 10,467
Bank Account: 50:50 3,257
17,381
Current Liabilities
Trade Creditors
Accruals
0
Net Current Assets 17,381
Total Assets 24,348
Charitable funds 2
Unrestricted 24,348
Restricted
Total 24,348
0
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Table 1
BUDE PILOT GIG CLUB
NOTES - 31 MARCH 2022
Fixed assets
Gig shed Equipment TOTAL
Net book value b/fwd 0
Additions 1,230 1,230
Disposals 0
Depreciation 0
Net book value c/fwd 1,230 0 1,230
Charitable funds
Unrestricted Restricted TOTAL
B/fwd 20,096
0 0 0 0
C/fwd 0 0 20,096
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