REGISTERED COMPANY Nb'MBER: 12532589 (England #nd Wales)
REGisfERED CHARITY NUMBER: 1196614
REPORT OF THE TRUSTEES A Tr4D
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
FOR
DURHAM AMATEUR ROWING CLUB I8￿ LIMrrED
RMT Ribchesters
Accouniants and Business Advi￿r5
Finchale House
Belmoni Busine55 Park
Dutham
DHI ITW

DURHAM AMATEUR ROWING CLUB 18rfI LIMITED
CONTENTS OF THE FIiYAf*CIAL STATEMEI%TS
FOR THE YEAR ENDED31 MARCH 2024
Page
Report ofthe Trustees
IDdepeNdent Exarniner's Report
Stateffttnt ofFin3Ncial Arti¥ities
Balance Sheet
7 to 8
Notes to the Fin8￿claI St2tern¢nts
9 to 18

DURHAM AMATEUR ROWIYG CLUB 1860 LIMITED IREGISTERED NUMBER: 12532589)
REPORT OF THE TRUSTF.ES
FOR THE YEAR Ef4DED 31 MARCH 2024
The iNstees who are also directOTS of the charity for the pur￿Se$ of the Companies Act 2006, present their report with
the f￿ancIal statements of the Charity for the year ended 31 March 2024. The [n￿(eeS have adopted ihe provisions of
Accounting and Reporting by Charities.- Sratement of Recomrnended Ptaclice applkcable to charities preparing their
accounts in accordanct with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
{effective l January 2019).
OBJECTIVES AIYD ACTIVITIES
Objectives and aims
The charity's objecis are spe¢ifJcally restrtcted to the followtng..
l. The promotion of Communiry participaiion in healthy recreation in particular by the provision of facilities for rowin&
sculling and other sports.
2. Providing and assisting in providing facilities for sport, Tecreation or othcr leisure lime 0￿up2t1On of such persons
who haye need for such faciliiies by re￿on of their youth, age. inf]rmity or disable￿¢￿1, poverty or social and economic
circuntstances or for the public at large in the interests of social welfart and with the object of improving their
conditions of life- and
3. Advancing the education of children and young people through such means as the dire¢tors think fit in accordance
with the charities act 2011.
Significant aetivities
The charity is a communiry sports club speciali5tng in rowtn(p bui also working with partner organisations to offer
alteTnative water sports on the River Wear in Durham City_ The Charity provides facilities and equipment to enable all
users to a¢¢ess the sport from begiTmer leyel up to national standard.
Public benefit
The Trustees confirm that they have complied with the duty to have due regard to the Chatity Commission'5 general
guidance on public benefit and are satl5fied that the aims and objectives of the charity. and the activities reported on
above. are undertaken to further the charitys purposes for the public benefit.
Volunteers
The charity places wat value on the cotatribuiions that volunteers make to the organisation. We benefiied ￿eatlY from
Iheit considerable time, ener¥y and expertise.
ACHIEVEMEIYT AND PERFORMANCE
Charit2ble activities
Thiouohout the year the charity continued to provide sporting facilities and educatio[4 focussing on rowing activities and
alternative water spons on the River Wear in Dwham City.
The ￿a]n eyenis of the year were the Durham City Regatta and the Durham Small Boats Head.
Page I

DURHAM AMATEUR ROWING CLUB 1800 LIMITED (REGISTERED NUMBER: 12532589)
REPORT OF THE TRUSTEES
FOR THE YEAR ETriDED 31 MARCH 2024
FINANCIAL REVIEW
Reserves policy
The Trustees monitor the f￿anceS of the Charity on a regular ba8i%.
The Trustees have deterniined rhat the appropriate level of free reserves, wh]"ch were £43.881. should be equivalent to,
and not less than. three rnonihs n]nning costs, which equates to £50,746. As at 31 March 2024 re5erve5 were b¢low this
target. Our p)Iicy i5 therefore to increase the reserves (whi¢h are carried forward for future activities) to at least this
level.
The tNstees have etlsured the unTestyicted funds have been wed to develop the sustainability of the charity.
The results for ihe year are set out on page 6.
Incoming resource5 totalled £216,362. This is a decrrdse of £76214 cO￿pared io I￿1 year, after excluding the
exceptional item of £1,373.100 r¢¢eived in 2023.
Resources expended toialled £216.773, whirh is a reduciion 01£44,921 frorn 2023.
Overall, a defJ¢it of £41 I has occurred in the fuwicial year. This is after dep￿tatIon charges of £38,380.
The trnstees are Satisfied with the level of perforntsnce in the year. Unrestricted funds were £1,407,312 and the tTUStees
are 5atisfi¢d with the overdll Posilion.
Going concern
The Ttustees are satisfied that the Charity is able to opente for the foreseeabk firture, on the basis of the level of reserve
balance5 held.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Goi'erning docurnent
Dutham Amateur Rowing Club L860 Limited 15 a company limited by guardjmee and does not have a Share capital. It l5
registered charity and is governed by its Articles of Awciaiion.
Recruitment and appointment of new trustees
Truslees art recruited for skills to enable Iheffl to contribute to the governance of (he chatiry. a variety of mediums are
sed to recruit Sul￿b]e t￿lets. Trustee5 hold office for an a￿eed period of ttme and are ratified at the Annual General
Meeting.
Page 2

DURHAM AMATEUR ROWING CLUB 1860 LIMITED (REGISTERED NUMBER: 12532589)
REPORT OF THE TRb'STEES
FOR THE YEAR ENDED 31 MARCH 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational structure aThd deeisioll ￿￿king
The Executive Committee (exec) is responsible for the da). to day running of the charity. The Executive Colnmittee is
elected annually by the membership and is comtM)sed of representatives from all sections of the club. The Committee
tneets at least every 2 months.
The list of 12 executive Illem￿rs is as follows:_
President
- Chairnian
- Secretary
Assistant Secretary
- Treasurer
- Captain
M￿terS Vice Capiain
Senior Vice Captain
Junior Coordinator
- 3 Exe¢utive Members (These are members without a specific role who musibe fvll member5 of the club)
Club President is an eleC￿d executive conunittee p05t but is noi nom)ally v(*ed annually. Traditionally presid¢nts have
filifilled this p)st for a number of years before making way for someone else.
In addition the club i5 required io have a Welfare Officer, Ivh05e key role is in safeguardin& and a Safety Advisor.
These 2 posts are generally co-opted onlo (he execuiive committee.
The club manager is a cTropted post and has been allowed voting rights at thediscretion of the executive.
The club {the exec) Tnay also appoint
- Regatta secretary
Press otTicer
- Coaching c(trordinator
Volunteer co-ordinator
Boat warden
Social club co-ordinaior
These posts are non-executive commiiiee members ivho may be invited to a(Md rneetings to prgvide reports.
The Board of Director5 of Durham ARC 1860 Lirnited ineludes=_
Chaimlan
Captsin
Treasurer
- Club Secretary {who shall also be the Company Secrerary)
and such other mernbets itho may be elected by the members to the Board_ The Board will direct the Executive 2nd
vill tneei at leasi annually.
Finally ive have the Manauemeni Committee. Thi5 consists of
Club Chaimian
Club Secretary
CILib Treasurer
Cliib Manager
Club Assistant Manager
plus one other person appointed by ihe executive.
The Management Committee reports to ihe Executive Commiiiee.
The riyelve elected posts for the exec come up for election ai the Annual General Meeting each July. The non-executive
posts ivill be nominated by the members of rhe exec.
Page 3

DURHAM AMATEUR ROWING CLUB 1860 LIMJTED (REGISTERED NUMBER: 12532589)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Induction and training of trustees
Trustees are givell appTopriaie induction on appointment and will be providal with access to appropriate trdining during
their appointment to ihe board.
REFERENCE AND ADMIIYISTRATIVE DETAIiS
Registered Compan) number
12532589 (England and Wales}
Registered Charity number
1196614
Registered office
City Boathollse
Green Lane
Old Elvei
Durham City
DHI 3JU
Trustees
H Gravatt {resigned 91512023)
B Hiidson
P Rutter (resigned 1317ll023)
A GoliJtly {appoinied 9,151202i)
R DominN' (appointed li17120?i)
L Fornvood- Treasurer lappoinied 13nr2023)
T Morris (appointed 13nllo?3)
Independent Examiner
Rob Ribchesters FCA MA
RMT Ribchesters
Accountanis and Bu5ines5 Advisors
Finchale House
Belmont Business Park
Durham
DHI ITW
This report has been prepared in aecordance with the special piovi%tons of Pan 15 ofthe Con]panies Act 2006 relatin
to small companies.
Approved by order (Trf the board of trustee5 on 16 Julv 20?4 and Si￿ed on its behalf by..
L FoTri'ood - Trusiee
Page 4

INDEPENDENT EXAMINER'S REPORT TOTHE TRUSTEES OF
DURHAM AMATEUR ROWING CLUB 186D LIMITED
Independent e¥aminer's report to the trustees of Durham Amateur RoThiBg Club 1860 Lifflited {'the Compan> )
I report to the chi£ ril). trusiees on my examinaiion of the accounts of the Company for the )'ear ended 31 March 2024.
Responsibilities and ba515 of report
As ihe charity's trustee5 of the Company (and also its directors for the purtK)ses of company law) you are responsible for
the preparation of the accounts in accordance with the requirements of the COm￿nieS Act 2006 {'the 2006 Act')-
Having satisfied myself thai the accounts ofihe Company are nol required to be wdited under Part 16 of the 2006 Act
and are eligible for independent examination, I reTK)rt in respecc of my examination of your chaTitys accounts as carried
out under Section 145 of the Charities Act 2011 {'the 2011 Aci'l. In can)'ing out my examination I have followed the
Directions given by the Charity Commission under Section 145(5} 0)) of the 201 l Act.
Independent ex2rniner's statemtnt
I have completed my exatnination. I confm that no matters have come to my attenlion in conneeiion with the
examination giving me cause io believe..
accouniing records were not kept in respect of the Company as required by Section 386 of the 2006 Acc- OT
the accounts do noi accord with those records,. 01
(he accounts do not tomply ivith the accouniing requirements of Section 396 of the 2006 Act other than any
requiremeni that the accounts give a true and fair view which is not a ￿aller considered as part of an independent
examination- or
the accounts have not been prepared in ac¢ordance ivith the methods and principles of ihe Statement of
RecoTntnended Practice for accountino and reportino b) chariries (applicable 10 charities preparing theii accowit5
in accordance with the Financial Reponing Standard applicable in ihe UK and Republic of Ireland IFRS 102)).
I have no concern5 and have come across n(Tr other Tnatters in connection with the examination to which attention should
be draiffi in ihis report in order to enable a proper understanding of the acco￿￿10 be reached.
Rob Ribchester5 FCA MA
RMT Ribche5ter5
ALcouniants and Business AdvisoTS
Finchale House
Belmont Business Park
Durham
DHI ITW
16 Jiily 2024
Pa2e 5

DURHAM AMATEUR ROWll4G CLUB 1860 LIMITED
STATEMETr*T OF F1Tr4ANCIAL ACTIVITIES
(INCORPORATING AIY If4COME AND EXPENDITURE ACCOUNT)
FOR THE YEAR EINDED 31 MARCH 2024
2024
Unrestricted
fund
2023
Total
Sjnds
Note5
INCOME AND ENDOWMENTS FROM
Donations and legacies
94,370
1,539,618
Other trading activities
Investment income
Other inco￿£
69.056
52,067
869
48,492
75,473
2,093
Total
216,362
1,665.676
EXPENDITURE ON
Raising funds
13,788
12,998
Charitable activities
Rowing facilities
202,985
248,696
Total
216,773
261,694
NET INCOMEI(EXPENDITURE)
(411)
1.403.982
RF.CONCILIATION OF FUNDS
Total funds brought fotivard
1,407.723
3.741
TOTAL FUINDS CARRIED FORWARD
1.407.312
1,407,723
The notes fomi pan of ihese financial statenients
Page 6

DURHAM AMATEUR ROWING CLUB 1860 LIMITED IREGISTERED NUMBER: 125325891
BALANCE SHEET
31 MARCH 2024
2024
Unrestricted
fund
2023
Total
funds
Notes
FJXED ASSETS
Tangible assets
Investments
12
13
,758.886
1,796,037
1,758,887
1,796,038
CURRENT ASSETS
Stock5
tkbtors
Cash at bank
14
15
281
19,738
5,476
47.298
9,951
57,249
25,495
CREDITORS
Amounts falling due wiihin one year
16
(13,368)
(13.010)
NET CURRENT ASSETS
43.881
12,485
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,802.768
1,808,523
CREDITORS
Amounts falling due after more than one year
17
(395,456)
{400.800)
NET ASSETS
,407.312
1,407,723
FUNDS
Unrestricted fl￿dS
20
1,407,312
1,407,723
TOTAL FUNDS
1,407,312
1.407,7?3
The charitable co]npany is entitled to exempiion from audit under Section 477 of the Companies Act 2006 for the year
ended 31 March 2024.
The member5 have noi required the compans. 10 obrain an audÈt of its financial sthtements for the year ended
31 March 2024 in accordanee ivith SwtiOT) 476 of the Companies Act 2W6.
The trustees acknoilledge their responsibilities for
{a)
ensiiring Ihat the chaiiiable companj. keeps accouniing records that comply with Settion5 J86 and 387 of the
Companie5 Aci 2006 and
preparing financial statements which oive a true and fair view of the state of affai￿ of ihe chariiable company as
at the end of each finaneial year and of lis surplus or deficii for edch financial year in accordance iviih the
requirements of Seciions 394 and 395 and iihieh oihernvise cotnpl). the Tequirements of the Companies Aci
2006 relating to financial sialements. so far ￿ applicable io rhe charitable coinpany.
{b)
The notes forn) part of ihese financial statements
Page 7
continued...

DURHAM AMATEUR ROWING CLUB 1860 LIMITED {REGISTERED NUMBER: 12532589)
BALANCE SHEET- continued
31 MARCH 2024
These financial siaiemenis have been prepared in accordante with the provision5 applicable to charitable companie5
subject to the small companie5 regime.
The financial siaiements were approved by the Board of Trustee5 and authori5ed for issue on 16 July 2024 and were
signed on lis behalf by..
L Fon¥ood- TTUStee
The rkotes forni part ofthese financial Siale￿Ients

DURHAM AMATEUR ROWING CLUB 1860 LIMITED
P40TES TO THE FINANCIAL STATEMENTS
FOR THE YEAR EINDED31 MARCH 2024
ACCOUIYTING POLICIES
Basis of preparing the financial statements
Th¢ financial siatements of the charitable company, which is a public benefit entity under FRS 102, have been
prepared in accordance with the Chariiies SORP (FRS 102)'Accounting and Rew)rting by Charities.. Statement
of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l Jattuary 2019),,
Financial Reportinu SÉandard 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Companies Act 2006. The financial sraiements have been prepared under the historical cost
convention, with the excepiion of inves￿ents which ale included ai markel value.
Income
All income is recognised the S￿ement of Financial Activities onct the charity has entitlement to the fiinds, it
15 probable that the income will be received and the amount can be measured reliably. The following specific
policies are applied io particular categories of incorne:
Voluntary income is received by way of grants and donations ard is included in full in the Statement of
Financial A¢tivitÉes when receivable.
Inv¢sttnent income is included when receivable.
Renial incolne is recorded when li is receivable.
Incoming resouwes from grants, m.hete related to perforfflance and $￿C1r1¢ deliverdble5, are accounted for as
the charity earns the right to consideration by its perfomance.
Volunteers
The charity place5 gteai value on the contributions that volunieers make to the organisation. We benefited greatly
from their considerable time, energy and expertise.
Expenditure
Liabilities are recO￿lsed as expenditure a5 soon as there 15 a legal or constructive obligation colnrnitting the
charity to that expendithre, it 15 probable thai a transfer gf economic benefits will be required in settlement and
the amount of the obligaiion can be measured reliably. Expenditure is acC￿rtted for on an accruals basis and hos
been classified under headings that awegaie all cost relaied io the C￿egOry. Where costs cannoi be directly
attributed to particular heading5 they have been allocated to activities on a basis consistent wilh the use of
resources.
Alloeation and apportionment ofcosts
All costs aTe allocated between the expendiwre categorie5 of (he s￿lement of Financial Activities on a basis
desi￿ed to reflect the use of the resource. Costs relaiino to a particular actiwty ale allocated diTectly, others are
apportioned on the basis of time s￿nt.
Tangible fixed assets
Depreciation is provided at the folloiving annual rates in older to write off each ass¢É over its estimated useful
Freehold property
Land
Boats and oars
Fixtures and fsttings
Motor vehicles
20/0 on cost
not provided
l(P/• on cost
I￿/0 on cosi
250/0 on redutino balance
Stock5
Siocks are valLied ai the loi¥er of cosi and net realisable value, after making due allowwice for obsolete and slow
Tnoving iiems_
Taiation
The charity is exempt froTll Cotpofdiion lax on its chariiable activiiies.
Fund accounting
U[￿eS1r1¢ted funds can be used in accordance ivith the charitable objectives at the discreiion of the trustees.
Page 9
continued...

DURHAM AMATEUR ROWIIYG CLUB 1860 LIMITED
NOTES TO THE FILYA.TriCIAL STATEMENfs- tontinued
FOR THE YEAR ENDED31 MARCH 2024
ACCOUNTING POLICIES- continued
Fund 8ccounting
Restricted fund5 can only be used for panicular restricted puryoses With￿ the objects of the charity. Restrictions
arise when specified by the donor or when fi]nds are raised for particularrestticted purposes.
Further ¢xplanation of the nature and puT￿se of each fimd is included in the notes to the fi[￿ncial statements.
Hire purchase and leasing corllmitments
Rentals paid under operating leases are Charged to the Siaiemerti of Fina￿18] Activities on a straight line basis
over the period of the I¢￿e.
Pension costs and other post-retireme￿I benefits
The charitable company operaie5 a defined conrribulion pension ￿he￿¢. Contributions payable to the charitable
cotnpany's pension schetne are Charged io the Statement of Financial Aciivtties in the period to which they relate.
The company operdtes a defined contribution pension 5chem¢ and pension contributions are ¢harged to the profit
and loss account to Spread the cosi of the pensions over the employees working lives.
Financial instruments
The charitabl¢ company has elected to apply ihe provisions of secti¢m I I 'Basic Financial Instnunents, and
Section 12 '0ther Financial In5tn]ments Issues, of FRS 102 to all of its fjnancial instrutnents.
Financial insiruments are recoyjised in the company's balance sheet when the company becomes party to the
contracrual provisions of the instnmient.
Financial assets and liabilities are offsei. with the net amounts presented in the financial siarements, when there is
a legally enforceable right io sei off the recognised amounts and theTe is an inteniion to settle on a nei basis or to
realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, ￿thI(h include debtors and ¢&5h and bank balances, are iniiially measured at transaction
price including trdnsaciion costs and are subsequently ca￿led at amortised cost Using the effective interest
rnethod unless the atranuement constituies a fi[￿icing transaction. ￿beTt the transaction is measured at present
value of the futUTe receipts discounted al a markei rate of interest. Financial assets classifIed a5 receivable within
one year are noi amortised.
Classification or rinaneial liabilities
Financial liabilities and equity insuuments ate classifjed according 10 substance of ihe contractual mngetnents
entered into. An equiry instrument 15 any contrdci ihai evidences a residual inieresi in the assets of the company
after deducting all of its liabililies.
Basic financial liabilities
Basic financial liabilities, includin(F crediiors, bank loans, other loans, and preference shares that ale classified a5
debt, are initially recognised ai transaction price unless the arrangement constituie5 a financing tTansaction.
where ihe debt instFument 15 measured 91 the present value of the pa>Thents discounted at a market rate of
interest. Financial liabilitie5 classified as payable within one year are Mt arnortised.
Debt instrumertis are subsequently carried ai amortised cost, Using the efFective interest rdie method.
Trade creditors are obligations to pay for goods or services th& have been acquired in the ordinary course of
business from suppliers. Aniounis pa)'able ale classified a5 curreni liabilities if paymeni is due within one year or
less. If noi, they are presented as non-current liabiliiies. Trdde creditors are reeognised initially at transaction
price and siibsequently measiired at amortised cost usino the effective in¢ere5t method_
Investments
Investtnents are initiallj. measured ai cosi and subsequently measured at Cost less accumulated impairment losses.
Page 10
continued...

DURHAM AMATEUR ROWING CLUB 1860 LIMtrED
NOTES TO THE FINANCIAL STATEMEf*'TS- tontinued
FOR THE YEAR EP4DED 31 MARCH 2024
DONATIONS AND LEGACIES
2024
2023
Donations
Grants
Membership
CoTpoiaie membership
Ex¢eptional items
1.959
407
89,137
2.867
72,348
10.700
83,110
360
1.373.100
94,370
1.539,618
In¢luded within excepiional items for the year ended 31 March 2023 is the trdde and assets transferred fro
Durham Amateur Rowing Club. More iytforma(ion is found within no* 21 of the accounts.
OTHER TRADING ACTtVlTIES
2024
2023
Private rdcking and storage
Traileiaoe
Leam to row
School rowll)g sessions
Durham City regatta
Clothing sales
AutUTnn SBH
Durham SBH
Explore roNving
Parking membership
13,403
8,692
7,874
1.000
12,498
275
4,870
12,314
13,727
8.473
6,882
2,550
2,070
192
4.095
10,215
288
8,130
69,056
48.492
INVESTMENT INCOME
2024
2023
Rgorn hire
Shares in group undertaking5
4,067
48,000
1.473
74,000
52,067
75.473
Page 11
continued...

DURHAM AMATEUR ROWING CLUB 18(A) LIMITED
r4oTES TO THE FIP4ANCIAL STATEMENTS. continued
FOR THE YEAR ENDED31 MARCH 2024
RAISING FUNDS
Other trading activitie5
2024
2023
Opening stock
PU￿h9$eS
Closing stock
TTailerage
Learn to row
Duiham Ciry regatta
Allcomers regatta
Sprint regatta
Auiumn SBH
Durham SBH
281
108
105
1281)
5.531
236
3,340
18
61
1,649
2,339
6.289
3,711
61
1,366
1.912
13.788
12.998
CHARITABLE ACTIVITIES COSTS
Support
costs (see
note 7)
D￿ert
Costs
Totals
Rowing facilities
80.784
122.201
202,985
SUPPORT COSTS
Govemance
Costs
Finance
OtheT
Tota15
Rowing facilities
30.924
89,057
2,220
122,201
Support Costs, included in the above. are as follows-
Governance costs
2024
Roiving
facilities
2023
Total
activities
AccoLintancy
2.220
4.206
NET INCOMEIIEXPENDITURE)
Nel incomellexpenditurej is stated after chargin£l(crediting)=
2024
2023
Depreciation - 01￿￿ed assets
Hire of plant and machinery
Independent examiner- Independeni examination
Independent examiner- Other
38.380
2,?37
2,220
38.520
2,252
2.034
2,172
conlsnued...

DURHAM AMATEUR ROWING CLUB 18(rfI LIMITED
NOTES TO THF, FIIYA Tr4CIAL STATEMEf4TS- wntinued
FOR THE YEAR ENDED 31 MARCH 2024
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the yw ended 31 March 2024 nor for the year ended
31 March 2023.
Trllstees, expen5¢S
There were no trustees. expenses paid for the year ended 31 March 2¢Y24 nor for the year ended 31 Mar¢h 2023.
io.
STAFF COSTS
2024
2023
Wages and salaries
Social security costs
Other pension costs
68,406
780
2.338
120.499
1.718
71,524
122,217
The average monthly number of employees during the year was as folbws..
2024
2023
Charitable activities
No employees received emoluments in excess of £60.000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricied
fund
INCOME AND ENDOWMENTS FROM
Donations and legacies
1,539,618
Other trading activiiies
Investment income
Other ineome
48.492
75,473
2.093
Totsl
1,665,676
EXPENDITURE ON
Raising tunds
12,998
Charitable actii'ities
Roiving facilities
248,696
Totxl
261,694
NET INCOME
1,403,982
RECONCILIATION OF FUNDS
Total fiinds broughi foThs'ard
TOTAL FUNDS CARRIED FORWARD
1.407,723
Page 13
continued..

DURHAM AMATEUR ROWING CLUB 1860 LIMITED
NOTES TO THE F1Tr4A ￿CIAL sTATF.ME￿TS- ¢ontinued
FOR THE YEAR EINDED31 MARCH 2024
12.
TAIYGIBLE FIXED ASSETS
Freehold
Boats and
oars
Land
COST
At l April 2023
Additions
1257,152
453,556
77,289
407
At 31 March 2024
1257,152
453.556
77,696
DEPRECIATION
At l April 2023
Charge for year
25,143
25.143
7,313
7,746
At 31 March 2024
50.286
15,059
NET BOOK VALUE
Ai 31 March 2024
1206.866
453,556
62,637
Ai 31 March 2023
1.232,009
453,556
69,976
Fixtures
Motor
vehicles
rittings
Totals
COST
At l April 2023
Additions
37,172
822
9.388
1,834,557
1,229
At 31 March 2024
37,994
9.388
1,835.786
DEPRECIATION
At l April 2023
Charge for year
3.717
3,731
2,347
1.760
38,520
38,380
At 31 March 2024
7,448
4.107
76,900
NET BOOK VALUE
At 31 March 2024
30,546
5.281
1,75S,886
At 31 March 2023
33.455
7.041
1.796,037
13.
FIXED ASSET INVESTMENTS
Shales in
group
undenakings
MARKET VALUE
At l April 2023 and 31 March 2024
NET BOOK VALUE
Ai 31 March 2024
At i l March 2023
There were no investment assets outside the UK.
Page 14
continued...

DURHAM AMATEUR ROWING CLUB 1860 LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 JMARCH 2024
13.
FIXED ASSET INVESTMENTS- continued
The colnpany's investtnents at the balance sheet date in the shaTe capitrl of co]npanie5 include the following..
Durhttrn Amateur Rowing Club Limited
Registered office.. City Boathouse, Green talle, Durhaln, DHI 3JU
Nature of business= Rowing events
Class of share:
Ordinary
holding
2024
2023
Aggregaie capital and ￿SerVeS
Profit lor the year
3.695
41,125
10,570
71,778
14.
STOCKS
2024
2023
Stocks
281
15.
DEBTORS: AMOUNTS FALLING DUE WITHIN OF4E YEAR
2024
2023
Trade debiors
Amounts oiyed by group undertakings
Other debtors
Credit card
PrepaJin¢nts
9,188
26.000
10,459
4,500
192
4.587
360
11,750
47,298
19.738
16.
CREDITORS: AMOUNTS FALLING DUE WITHIf4 OP4E YEAR
2024
2023
Bank loans and overdrafts (see Dote 18)
Trade creditors
Social security and other taxes
Accnied expenses
6.176
3,570
1,559
2,063
6,880
3,907
2,223
13.368
13,010
Page 15
coniinued...

DURHAM AMATEUR ROWINC CLUB 1860 LIMITED
NOTES TO THE FINAYCIAL STATEMENTS- eolltinued
FOR THE YEAR ENDED 31 MARCH 2024
17.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024
2023
Bank loans (see note 18)
395,456
400,800
J8.
LOANS
An analysis of the maturity of loans is given below.
2024
2023
Amounts fallino due within one year on demand=
Bank loan5
6.176
6,880
Amounts falling between one and year5..
Bank loans- 1-2 years
6,391
7.150
Atnounts falling due between two and five years:
Bank loans- 2-5 years
20,787
22,988
ATnounts falling due in more than five years..
Repayable by in5talment5-.
Bank loans more 5 5ry by instal
368,278
370.662
19.
SECURED DEBTS
The following secured debts are included within ereditor5:
2024
2023
Bank loans
401,632
407,680
The above bank loans are secured against (he land io which they relate.
20.
MOVEMENT IP4 FUNDS
Net
moveTnent
in fvnd5
At
At 1.4.23
Unrestricted funds
Generdl fiind
1.407,723
(411)
1,407,312
TOTAL FUNDS
1,407,723
(411)
1,407,312
Pa(pe 16
coniinued...

DVRHAM AMATEUR ROWING CLUB 18fAI LIMITED
NOTES TO THE FINANCIAL STATEMENTS- coDtinued
FOR THE YEAR Ef4DED 31 MARCH 2024
20.
MOVEMENT IN FUNDS- continued
Net movement in fvnd& tncluded in the above are as follows..
I]KQ[n￿8
source5
Resources
expended
Movement
in fvnds
Unrtstricted funds
General fund
216.362
(216.773)
TOTAL FUNDS
216,362
{216.773)
Comparatives for movement in funds
Net
movement
in fijnds
At
31.3.23
At 1.4.22
Unrestricted fund5
G¢Deral fund
3.741
1,403,982
1,407,723
TOTAL FUNDS
3,741
1,403,982
1,407,723
Comparative net movement in fvnd4 included in the aknve are as follows..
IrKoming
rtsources
Resources
expended
Movement
in ￿t)dS
Unre5trieted funds
General fund
1,665,676
(261,694)
1.403,982
TOTAL FUIYDS
1.665.676
(261,694)
1,403,982
A current year 12 months and prior year 12 months combined position is as follows..
movement
in funds
At
31.3.24
At 1.4.22
Unrestricted fund5
General fund
3,741
1,403,571
1,407.312
TOTAL FUNDS
3,741
1,403,571
1,407,312
Page 17
continued..

DURHAM AMATEUR ROWING CLUB IW LIMITED
Tr40TES TO THE FINAf4CIAL STATEMENTS- continued
FOR THE YEAR EPIDED 31 MARCH 2024
20.
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months cotnbined net TllovLinent tn funds, included in the above are
as follow5..
Incoming
resources
Resources
expended
Movetnent
in funds
Unrestricted funds
General fund
1,882.038
(478.467)
,403,571
TOTAL FUNDS
1.882,038
(478,467)
1,403,571
21.
RELATED PARTY DISCLOSURES
On 31 March 2022 the co¥npany purchased lo￿10 of ihe share capital in Durham Amateur Rowing Club Ltd for
£1. This 15 included within investments in Fixed Assets. All income re£eived frorn this company is show) within
investment income- shares in group undertakings.
During the year ended 31 March 2024 the company recognised donations receivable from Durham Amateur
Rowing Club Ltd of £48,000 {2023= £74,000}.
During ihe year ended 31 March 2023 donations received from Durham Amateur Rowin(F Club toialled
£1,440,676, of which £67.576 was received as a specific donatio￿ and £1,373,100 was r￿e1Ved by way of
transferring its trdde and assets.
Pabe 18