OpenCharities

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2022-09-30-accounts

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In this period, we raised just over £20,000 in
funds, mainly from donations from
(ex
) members. Current members pay for most
of their own coaching and racing costs, which
are part subsidised by the club.
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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 leg Secretary, Chair, elcl Nicholas Paul Sifvester Dr Seb aan Johannes van Schaik Chair Treasurer currently in post elected October 2022 Date 27h July 2023

Oxford Academicals Rowing Club

Receipts and payments accounts

Oxford Academicals Rowing Club Oxford Academicals Rowing Club Oxford Academicals Rowing Club Oxford Academicals Rowing Club Oxford Academicals Rowing Club Oxford Academicals Rowing Club Oxford Academicals Rowing Club Oxford Academicals Rowing Club Oxford Academicals Rowing Club Oxford Academicals Rowing Club
Receipts and payments accounts
For the period
from
Period start date To Period end date
01 October 2021 30 September 2022
Section A Receipts and payments
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Membership subscriptions -
19,688-
-
--
-
--
-
19,688-
-
20,489-
Learn to Row -
3,480-
-
--
-
--
-
3,480-
-
4,290-
Member expenses - Training & competition costs -
28,907-
-
--
-
--
-
28,907-
-
11,843-
Member expenses - Private boat registration -
237-
-
--
-
--
-
237-
-
170-
Member expenses - purchase of club kit -
510-
-
--
-
--
-
510-
-
--
Member expenses - Other -
--
-
--
-
--
-
--
-
38-
Fundraising - Donations -
15,659-
-
--
-
--
-
15,659-
-
40-
Fundraising - Grants -
--
-
--
-
--
-
--
-
750-
Fundraising - Summer party -
1,620-
-
--
-
--
-
1,620-
-
1,650-
Fundraising - Christmas party -
2,960-
-
--
-
--
-
2,960-
-
380-
Bank interest -
10-
-
--
-
--
-
10-
-
1-
3rd Party Trailer Usage -
205-
-
--
-
--
-
205-
-
206-
Refund of race entry fees -
2,005-
-
--
-
--
-
2,005-
-
--
Refund of club kit purchases -
83-
-
--
-
--
-
83-
-
--
Sub total(Gross income for AR) -
75,364-
-
--
-
--
-
75,364-
-
39,858-
A2 Asset and investment sales
Sale of fixed assets - Boats -
1,600-
-
--
-
--
-
1,600-
-
--
Sale of fixed assets - Oars -
620-
-
--
-
--
-
620-
Sale of fixed assets - Boat Parts -
--
-
--
-
--
-
--
-
50-
Sub total -
2,220-
-
--
-
--
-
2,220-
-
50-
**Total receipts ** -
77,584-
-
--
-
--
-
77,584-
-
39,908-
A3 Payments
Operating costs - Racking -
7,630-
-
--
-
--
-
7,630-
-
6,741-
Operating costs - British Rowing affiliation -
--
-
--
-
--
-
--
-
445-
Operating costs - Boat registration fees (EA) -
1,559-
-
--
-
--
-
1,559-
-
738-
Operating costs - Insurance -
2,428-
-
--
-
--
-
2,428-
-
2,415-
Operating costs - Website -
50-
-
--
-
--
-
50-
-
50-
Operating costs - Meetings & venue hire -
74-
-
--
-
--
-
74-
-
76-
Operating costs - Equipment hire -
246-
-
--
-
--
-
246-
-
--
Operating costs - Advertising costs -
35-
-
--
-
--
-
35-
-
--
Training/competition - Coaching fees -
15,464-
-
--
-
--
-
15,464-
-
8,959-
Training/competition - Regatta entry -
11,016-
-
--
-
--
-
11,016-
-
3,634-
Training/competition - Facility hire & training camp -
2,456-
-
--
-
--
-
2,456-
-
120-
Training/competition - Trailer/towing/boating expenses -
1,556-
-
--
-
--
-
1,556-
-
625-
Cost of fundraising - Summer party -
1,235-
-
--
-
--
-
1,235-
-
1,137-
Cost of fundraising - Christmas party -
3,793-
-
--
-
--
-
3,793-
-
--
Maintenance/repair - consumables -
331-
-
--
-
--
-
331-
-
914-
Maintenance/repair - parts -
3,839-
-
--
-
--
-
3,839-
-
1,622-
Maintenance/repair - ancillaries -
248-
-
--
-
--
-
248-
-
871-
Maintenance/repair - repair works -
1,692-
-
--
-
--
-
1,692-
-
13-
Maintenance/repair - trailer -
546-
-
--
-
--
-
546-
-
--
Club kit purchase -
1,429-
-
--
-
--
-
1,429-
-
--
Covid protocol expenses -
--
-
--
-
--
-
--
-
83-
Prizes, gifts and rewards -
--
-
--
-
--
-
--
-
187-
Refund - Learn to Row -
--
-
--
-
--
-
--
-
1,185-
Refund - Summer / Christmas part attendance -
82-
-
--
-
--
-
82-
-
--
Refund - Member's squad account balance - see Note 1 -
5,938-
-
--
-
--
-
5,938-
-
163-
Refund - Membership subscriptions - 32- - -- - -- -- - 32- - 50-
**Sub total ** - 61,678- - -- - -- - 61,678- - 30,027-
A4 Asset and investment purchases
Purchase of fixed assets - Boats - 6,000- - -- - -- - 6,000- - 2,600-
Purchase of fixed assets - Oars - 680- - -- - -- - 680- - 500-
Purchase of fixed assets - Coxing/rowing electronics - 1,338- - -- - -- - 1,338- - 362-
Purchase of fixed assets - Trailer - -- - -- - -- - -- - 1,069-
**Sub total ** - 8,018- - -- - -- - 8,018- - 4,530-
**Total payments ** - 69,696- - -- - -- - 69,696- - 34,557-
**Net of receipts/(payments) ** - 7,888- - -- - -- - 7,888- - 5,351-
A5 Transfers between funds - 12,000- - 12,000- - -- - -- - --
A6 Cash funds last year end - 30,667- - -- - -- - 30,667- - 25,316-
**Cash funds this year end ** - 26,555- - 12,000- - -- - 38,555- - 30,667-
Section B Statement of assets and liabilities at the end of the period
Unrestricted Restricted Endowment
Categories Details funds funds funds
to nearest £ to nearest £ to nearest £
Refund - Membership subscriptions -
32-
-
--
-
--
-
32-
-
50-
**Sub total ** -
61,678-
-
--
-
--
-
61,678-
-
30,027-
A4 Asset and investment purchases
Purchase of fixed assets - Boats -
6,000-
-
--
-
--
-
6,000-
-
2,600-
Purchase of fixed assets - Oars -
680-
-
--
-
--
-
680-
-
500-
Purchase of fixed assets - Coxing/rowing electronics -
1,338-
-
--
-
--
-
1,338-
-
362-
Purchase of fixed assets - Trailer -
--
-
--
-
--
-
--
-
1,069-
**Sub total ** -
8,018-
-
--
-
--
-
8,018-
-
4,530-
**Total payments ** -
69,696-
-
--
-
--
-
69,696-
-
34,557-
**Net of receipts/(payments) ** -
7,888-
-
--
-
--
-
7,888-
-
5,351-
A5 Transfers between funds -
12,000-
-
12,000-
-
--
-
--
-
--
A6 Cash funds last year end -
30,667-
-
--
-
--
-
30,667-
-
25,316-
**Cash funds this year end ** -
26,555-
-
12,000-
-
--
-
38,555-
-
30,667-
Section B Statement of assets and liabilities at the end of the period
Categories Details Unrestricted
funds
Restricted
funds
Endowment
funds
to nearest £ to nearest £ to nearest £
B1 Cash funds Barclays Community Current Account -
10,305-
-
--
-
--
Barclays Community Savings Account -
140-
-
--
-
--
Barclays Business Savings Account -
15,010-
-
12,000-
-
--
Cash -
1,100-
-
--
-
--
Total cash funds -
26,555-
-
12,000-
-
--
(agree balances with receipts and payments
account(s))
OK OK OK
Unrestricted
funds
Restricted
funds
Endowment
funds
Details to nearest £ to nearest £ to nearest £
B2 Other monetary assets Unpaid Member expenses - Training &
competition costs
-
1,556-
-
--
-
--
Details Fund to which
asset belongs
Cost (optional) Current value
(optional)
B3 Investment assets N/A -
--
-
--
-
--
Details Fund to which
asset belongs
Cost (optional) Current value
(optional)
B4 Assets retained for the club’s own
use
Boats Unrestricted -
--
-
77,700-
Oars and sculls Unrestricted -
--
-
4,500-
Trailer Unrestricted -
--
-
2,500-
Other equipment Unrestricted -
--
-
2,750-
Details Fund to which
liability relates
Amount due
(optional)
When due
(optional)
B5 Liabilities N/A -
--
Signed by the Treasurer on behalf of all the Trustees Signature Print Name Date of
approval
Notes
Note 1 - a member erroneously transferred £5938 into the club's accounts on 22 Dec 2021, in relation to their squad balance. The transaction was refunded
that same day.

Independent examiner's report on the accounts

Section A Independent Examiner’s Report Report to the trustees Oxford Academicals Rowing ClubCharity Name On accounts for the year 30/09/2022 Charity no 1196716 ended (if any) Set out on pages 1-2 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended DD / MM / YYYY 30/09/2022 .

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’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 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

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.

Signed:
Name:
Relevant professional
qualification(s) or body
21/07/2023
Mark Henstridge
n/a

Oct 2018

1

IER

(if any):

Address: 18, Chester St Oxford OX4 1SN

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

n/a

Oct 2018

2

IER