REfj15fEREDCOWANY NUMBER.. CEI)19569 IEryJarKI and Wabesl REGISTERED CHARITY NUMBEA: 1199480 oftheTThstees and Vmlars Haard Lip Chartered Acwnt•nts. Chartered Tax Athsers Re8iMered ArtOrs Henley-on-Th•mes RG9 IDY
YearEhded 31 OeCber 2024 Nates to Fknandalaternubts 9 to 13 14 to IS
rEn OWECTNES ADAcnvrMs Ob)ecil¥es and alms The purpose of the trust 15 to promote fixed-seat rowng Mth a fwu5 th ythjps in the bdal Thoffs T charlty achleyes thls by or8anisin8 events. (Kjtablythe Great River Race. The Great Rl¥er Race Is a marhon nt held annuaty kn Wiember. uler a (ourse cl 21.6 Thles thrwgh ¢entr•l LoThJon from Millwall to H•m. The rn¢e •ttricts tyer 2.LK¥) ctynwtit5. many of wlthi h•¥e •ttr¥¢ted $sOrShiP order to ra15e funds for their chosen charity. The Trust generate5 an irKome predryninanvy from entry fees from (ornwilrxs. althw8h entry fees for junKW competfjtors we substantialfy underwritten. and in some cases are free. The Trust alx) exists to make grèDts to ryeaThsat promtire fixethseat rovirx the loan of equ)ment and encourawng trathtlonal t)at buibjing In the Th&ne$re. Publlc benefit The Trustee5 conflrm they have referred to the Owrity c(,5 guld•nce on wblic benefft when fevlewSng the Trusi'saims and objectives and planninifure artili0$. In September 2024 the Trust made first £har6tsb 8rant of £5.C) to the Jubllènt Trust to support the rnatenan of their shallop lcalled the Jubilantl 1Ch is used very effertNelyto tet hyndreds of thik4ren the r experiencing the actNty of fued se* rowln& Page I
lorthe Year Ended31
OBJECTNES ANDACfNmES
Grahimkin¥
PHOV151014 OF GRANTS F(1 EQUIPMENfAND LOAN OF BOAISTO CLU8SAND OTHERORGANISATKIN5 E146AGED IN FIXED SEAT
ROWING
Generally, dub5 and othercrfganisations engaged in fixed seat rrvirq apptyi.ng torBrartsor ktsn of boats need io be open to all
members of the puUiciti1thi and taki part in thè adiwties. Htrwever, there may be some cases where tli5 need not apply. such
•$ for local 5chods.
Other requirernents include..
Having policies in pLicethat maximlsewmmunfjtyengagementln the sport of fNed-5eat rwii8.
The •vailabilityof sutsblyqu41l people to m•n•tr the safety. along ¥th any CeSsary safetyor other
equipment.
T boats are male •vallabkfwuse fty•n ayeed numbwcrfrowir4 s¢ssi)ns * con4nlenttlmes f0rmostpeo¢ durfng
the workn'ni week and atwkend&
The abilitytooffw trairMTr8to rceS
The availability of m(w)rin8spKe to Mthe boats5thtythen not in use durirqtherowing s¢ag)n. and drystora8e to
store them outol theer outside ttr r¢wrirryseasorn akxwwiih oxs andother al1aryeqipffteTht kept k)¢ktd up in
ry condition5.
An ayeed level of insurance wrAJld need tobe carrd against reaTht risks for thÈ boats.
That boats are maintained in grx)d toThlitx)n forthe perityj ofihe knan to the rea5C
The Greal ftl¥tr Ra¢•Trust oftheTw lorthe Year Ended 31 Decvnber 2024 OBJEcllvES AND AcfiviTIES Any 8rant a8reemeOtWkl nted to det•1$0fthts boai tsto be th"spW. what pubCa¢¢e$S wwld be avallable and whether it is Intended thattho boat be used in the waterand. rf50. undtrwhatoNwmstares. Prfvate indIdUa are aL4e to aPFfy for wants tcards the (osts ol repan1/reStCflTrK histiYi¢ bo•ts but Mt toward5 the mst of L¥eaJng replk4 A private individual making afi appl0 ¥Jryl Yed to denK¥thte that the historK it itt question i% $UfftdenY rare and nrficant to justrfythe provision of a gr4nL Any plICati1)rt ld need to denb)rtstr•te the cost of the PaIr/rStorakn Id be Sb8Aific•nity In emtess of the value of the boat after the wort had been carried wt. It must be rKrttd th•t the w of any 8raTht offered wtyjld not exceeil the dNference bet%%en the cost of the works and ihe end value. Prlor to 8rants offered, the boats shall be Careful insperted by a suitsbty quallffied person agreed by the Trust and detsiled spetiftations and sthdules of work S11 be wepared togeWith estimates ofthe cosi of the work5. Anywcrt Carried out shall be siti¢lty in •¢etydIrKeThthe$Per and $dd5 ofmjrks aBreed wlththe Trust prfor tothe commencement of thexvk& AAY perlonsdirertiry and 5UpeM58Ihe wxks those carwY%them shall be ayeed with Trust pricto ¢ornmencernent ofthe wo The appllcants wtyJhl need to demrate that ihty ha% the resICeS3nd ski115 wailable tor•rry out cc¥nplete repairlrestorath)n tothe reasona satisfaction ofthe Trnstandth theYuld hwe suitoble fatilitiesavailableto nwjor and Store boat 54fety after repairlrestoration. The aOKant wcwkl also h•A to uThJertaketo dl¥Aaythe boat on weed numberof pubfice4Tent5fLY an ayeed numberof ar5. Gr•nts fortrnSn8 peoplelntheart and u•ltolir>Jltknd boat TraditbTral bOat-1klers In theTrJalThames &Tributsries [&n be able to appty foryantst0wa$t ¢osts oftraInl for people theyernwoy either•s •ppreniiresortradesrrefi enga im the •rt amd ¢raftoftraditional boat tyth"klinB. The applicant would need to demonsirate tothe Tmsi that the tralnln8lnte1ed to be offered would devekp relevant In the use of apprenti¢eship5. these •d to an apwopriate qualfvatitin intralitbjnal b03t-trMJlldln8agreed with t Trust prior to the yant beSn8offered. In iheease of trainin8 offered to tradsmÈn, the applitartwouhl Yed to demonttratethat the trjiniwwould enhano ski11501the trairee in a partKular area of wk reonI to tradition•1 boats. ACHIEVEMEMfsAh PERF(XIMAN(E Ch¥itable adITlI¢S The rnaln actiwty of the Great Ver RaceTnJll. ts the oreanlsatloTr and promotkn of The Greot RNer Race. lfi Soptember2024. the race lacilltated the heahhy recreatKJn ahd participation of 266 seat ro¥8 craft, by appro¥im•tety I. competitors. ¢0 row from the Isle of Dt¥s to Ham Hwse. a dt51anre of 21.6 Ini5. The Great RNer Race Trust also makes 8rants to encourage fixed seat rowlng. In 2024 a grant ol ÉS.LXX) was awarded to ihe Ju13 Trust. This wa5 used to a55i%t with wtal repairs and malntenance of the shalliw Nmed'Jultsnt'. which •lltt•S many Fwndreds of thddren eath year to experierKe in 5atety. fixed seat rsyMrKg on the Ri¥er Thame5. The Trustees support the prornotK)n of intem4tional relatws by encour•wn8 team5 Irun othor nations and oiher part5 of the UK to part in rowng race5 in the Th&T ¥d the athan(ement of the heritage by suKwbng the prtseThation replication of local tradSth)nal boats In the Th&T. The Great tr R•ct is promoted and rw attracts entrants from Eur¢Jpe. the Usi Bemuda aThJ F41. The Trustees are the beneflciarles of a ase of an arth of Ri¢hmoNI Brid8e from Rithmd CfWrt¢il. The TruMees have allowed Mark Edwards, a high respected traditx)nal boat builder to renl the arch from the Gre Rwer Race Tru3L to be used ex£busivefy for the buildin4 and mainten•n¢e oftrad¢nal Tharne5 rowr¢craft. Pap3
TN ofthÈTrnst Year Ehded 31 DÈC RNANaAL REVIEW An•¢•l poslll The Trust is entirety reliant w thi ¢ohlinu suppNt of the ¢ommuY¥ty and the ¢tyhpeittors who enter the Great Rr¥er Rate. T41 incorre 01 £15L547 was receved during the year12024- 1723981. Expenses a55CCiated vAth the trusts actitIeS totalled £l.26$(2024.. £104.2721 resulted a surplus of Kome expeThJitwe of £51.28212024.. £68.7261. The trustees are PkaS to report uniestrthd funds Sts1 at E120.(Th P024.. £68.7261 pityide a suffident reserve to be dravm Up ShOd the r¥e be cancel at short Sever41 doMth)ns wert recewed in the ffinal ar. forthith the tnJstee5 are, as ever, gratefvl. DoA)tions tot¥llin8 E6.743 re received In the year12024.. É48.2021 to be ap[4 to tharivs artNitses. Rer¥¢s poll¢y The Trustees are mlndful that ihe Can1¥>) of the to ¢xwnal infiuewe. notrble weather condftlons, epldemk terrorism. is a genuine ri5 The Irrecoverable costs of staiinithe ra are e5bmated at £ILYJ.Lll). These costs are comnmtted to wdl In advance of the date of the race. The race Is fwnced predominantly by entry fees and the Trustees are of the wnion that in the case of cancellation ol the race. a minlmum OF oftt entryftes be refurKled. The ¢tsstOfth be approximatefy £60.(. The Tru5tee51herefore alm to lyjlld a reseThe. (urrenily S atlf7.c1YJ. In cvderto cowr thec05t of a carttl race. Goth8 toncern With 4rd to the reserve5 ld at the y-end. the TftteeS (onskler It reasonawe to expect that the Ttust h•$ adequate resoUrS to continue in opeiaiional exi5ten¢e fortheforesee•We ftrturt. Ftrthis reason.the Trustees continue to adoptthe 'golnB concern, basis ifi preparim8the farKlI statements. FvfuRE PLANS The Trustees •ccept that the safe Ilmit fc¢ the TrLber of par¥dp3tfjn8 1)3ts 15 finite fast appro•¢him& The 2025 race has attracted the entry 271 boats with 2.LibJ compitors fiem many (xsufitries. Urthr no circumstances wtyjld the race. in its curvent gytse. be allowed to exceed 3W crafL The Trustee5are tfvJ5 anx toe¥pknre more finarKial p4rti¢ulattyas it is their alm to make entrles for all Junlor Ideflned a$1)se under 18 years of a8el free of thèr8e. The Trustees are keen to Supp (cweration wrth other wisation5 that thd seat r¢r4U48 th a vlewto weamlknln8 admlnistration. The rnce Curre relies £¥) a team of STh swéenty vclunteers, and this may not be 5U5ts1nable In the future. thE work of maNy t>f the volunteers duringtyear mtght be better harklled by a parttime eM1)yet. Once a viable cash resetyè has been ath¢d. sur$ generated by the Greai Rwer fta WUI, be used to mjk 8rants tosupportfixed seat row STRUCTURE.GOVERNA14CE APa) PMNAWEMr 6tr4emfjn¢ dotyme The charty Is controlled by Its eMrg dooJmrt a deed of trUSL and consthute5 a corwny. limlted by guarartee. as defined byihe Companies 26. The Great Rer Race Trust Is a tharitle trua rw5twed Jwe Z012 aNI ¥cty)trolled bytts I•ern6 dcKuffent, • deed of twsl and constitutes a Charitawe IrK¢Ypotd (kBani5ation1001. as defid by the Chovi15t 2011. The Trust is ¢ontrdled by trs Tiustee5. New trustee5 we apwynted by the existi Trustees. There Ss no limit on the numl>er of Trustees, but at least three Trustees must be present at meetin8s, whith must be k1 at leart Èach year. Ai ihelr meetSng5, Trnstees agree the broad strategy •nd a•5 of actmty of the TrusL in¢ludiNK ¢MSIderaon of grant ma"n8. investment. re$eNes nd risk maneMen( polic*es and performarts. Theday-trtrthy admirdstration i5 delegated tothe SeuetaryYreayJrer. Rlsk management The tnjsttes have a duty to identify and revlvw the risks to the dwrity 1$ and to ensure apprcyrkite corrtro15 •rt place to pro¥ide sonae a$surae again fvaud a1 error. AEFERENCEAND AI)MINISTrATfVE DETAIiS Reglsiered Company number CE029569 IEn8lénd and Walesl R¥Ied Chathy number 1199480 Pay4
Re
year E
ofthtTru
Relistered office
14th Richmottd S¢out 80•K(tre
Retreat Road
RlchnK)Thl
Surrey
TW9 INN
J Randall
RDTurk
M51 t¢andall
C C MKldlemiss
T E M Sorgent
C C MhJlemlss
ependent Examk
Vlllars Hward LLP
Ch•rtered Accountants,
(hartered TaxAdthsers and Re8tstered Audltors
Botton House
Henley-on-Thames
RG9 IOY
STATEMENTOFTRUSTEES, RESPONSl8iimES
The trustees Iwho are also the directors OF The Grt•t Rvrtr Rate Trust f( the purposes ol company Iwwl are rtswnsiblt for
preparing the Report of the Trustees and the finarKial Statements in aCcOrdar •N4lrabfe and Uniied Kln8dom
Accounting Standards Iunlted Tr8d Generally pted AccJntiry Prxticel.
Company law requires the trustee5 to prepare finaroal staterrents for each finarKial live a true ènd falr v*w of the
state of affairs ol the Charitab company and of the irf(1$ re$JrS and applicatim of resour¢e5. including the incc¥ne and
expendityre. oftht tharttable eompanyfr
t Ewami Trn Rl¥er RaceTriist Iwjependent exafflinerfs report tothetrusiee5 ofThe GTeatRtrrtr ftKeTry5t I'theC•nll I r¢portto thetharltytrustees w myexaMitl of1 ofthe Cmparry forthe year eThJed 31 Decernber 2024. RswbIlItieS3nd basis ol report As the thariws trustees of the Comp•ny14nd its dectsrs for the purposes ol company lawl Ire re5pMsible the preparation ofthe occount5 KcordarKe ¥&iththE rtquirernents of the CtyhpaniesAtt I6 (the 26Act.1. Havin8 tisfd myself that the 4¢¢oLM of the Company are required to be audited under Part 16 of thE 26 Att arxl are eliyble for indepeThdenr exèmlnatw. I report in respect of my exorninatw of ywr ¢hartty's atcouthts as carried out under Section 145 of the Charities Art 20111'the 2011 Artl. In carTrini t my examina I have folhxd the Dire0hS gr¥en by ihe Charfty Commisskn undet Se¢ik)ft 14¥51 Ibl of 2011 A¢L Independentexln*s #•tement I have compkted my exarnlnatn. I conffirm that Th) matters hwe to my in connection wAth the examlnation 8Nir me Cause to beliÈ¥È'. aCJnt1n&feccrfds re tke0 kn respeuofthe Cara5 requlred by Sertiw 386ofthe 26•£1,. or the acctyjntsdo not aCtd 7•rith those remrds.. or the acccwnts do not c1)mY vitth the &¢¢UntI reguirements of 5ectlon 396 of the 2W6 Act other than •ny wuwement that the accounts a true and lairwewthth is ThJta matter ¢dered •$ partof an ubdependent examlnatyon- or the accourtts have not been prepared in cOrdae v•ith mettrv)ds and priroples of the St•tement of Recommended Prartice for accounting reporbng by tharibes lapplicablE to (tharit$ preparin8 thelr accounts in accordarte with the nanoal Rep)rtirK8 StaThYard apF4icakJe in UKand RepuWK of Irelwxl IFRS 1021 I have no concems and ha¥ come To$S noother rnatter5 in cotinÈt the examlnation io wthlth attent1 Should be dr•wn In tNs report In orderto enable a proper undersiandin8 Of1 •ccountsto be reached. John Preskn) 8A. 8FP. A(x cfA Villar5 Hayward LLP CTharte¢ed Accountants. artered TaxAthsers ar Reystered Audittrs B05ton House Henley-ofvTharnes RG9 IDY D•te-. Page 6
The Great RareTn&t Statamertd nandal theYe¥ Ended 31 31.12.24 Ur*eSted 31.12.23 Total Ilotes INCOME AND ENI)OWMEiifsFROM Donatiensand leiacies 6.743 48,202 Otheriradkng actNltfjes Investment •re Other income 14L029 775 124.587 209 rotal 151.547 172.998 EXPÉNI)ITURE 014 th•iiable •ditleS Rektirq to charltable actt5 ICQ.265 104.272 NET INCOME 51,282 68,726 RECONauATION OF FUNDS Total funds brought forward 68.726 TOTAL FUNDS CARRIED FORWARD 120.1 68,726 The notesfomi part ofthese ststememts
31 December 31.12.24 Urwestrided fund 31.12.23 Totsl fvnds Notes FIXED ASSETS Tanglble ass$ 6.669 &193 CIIRRENT ASSETS Debtor5 Cash at bank 5,534 112.199 1.021 68.021 117.733 69.042 CREDffORS Am¢unts falllw due wthln oneyear 14.3941 18.S091 NET CURRENT A5SEfs 113,339 fA).533 TOTAL ASSETS LESS CURREpifuABILmES 0,008 68.726 O.C#J8 68,726 FUNDS iJnrÈstrf¢ted funds 68,726 TOTALFUNDS o,tx)8 68,726 The tharitable cornpary 15 entilled to exernptth Irom audil under s 477 of Comwmes Act 2LXJ6 fr< the year ended 31 December 2024. The members have not required the tt+ obrdin an au&rt of Its financial 5tsternents forthe year end 311)E¢ember 2024 In accudance with sertH 476ofthe CompaniesArt 2(K The trustees acno¥%4edy thew res$IlE1es enSUriNd that the (haritable keeps ac(ountlry record5 that wlth Sedhjns 386 4nd 3B7 of the Companles Art 2{ and prepthng ffinandal statemeths wNch a true fair ¥?ew of the state of affairs of the ¢h•ritabl¢ company as at the end of each linan¢ial year of tts surplus c defioi for eath finarKlal year in accordance with the re4uirements of Sertlons 394 and 395 and wtr¥th otherwise coryjty with the wuirements of ihe Componies Att 2(X)6 lating to finontsal 5tstemettts. sof4r •$ •ppJKat4etothe thwltable company. These fina181 ststements have been pvepared kn ¥cordarKe Ylh PrO5th$ appIKable totharitsble companles gjbiectto the small cornpanie5 regivre. 0211012025 Ihe financial statements vre appro4ed 8oord of Twu5 authorised for i55ue M ................. were Signed on its beh•M bv= and Jeretny D Rènda J R•ndal- Trste (Oct 2, 1025 14-.16-.26 GMT+ii The notes part ofthese hrwKi•l siatrments P•Ke 8
foriheYe¥ ED41ed 31 Oe¢•n 1024 A(tOUNll14G PCWÈS s dpreparfryihe flAandalstaiomonts The finan¢i•l statements of the dritable company. whKh a pullK benefft entity under FP5 102. have been ppared in accordance v46th ihe ChariUe5 SORP IFRS 1021 and by Charities: Staterrentof RKommended Practlce aPplicae to charit5 PTeparin8 their accounis in accord•itt with the Finah£rdl Rep1 Standard appli¢able In the UK and RepuNK ol Ireland IFRS 1021 leffectNe i JaNary 20191.. Finaal Reportirvd Starwlard 102 'The FSnancial Reportln8 stsndard applSce in the UK and Repubk of Ireland. 4Ad the Act 2tX)6. The finarKial statements have been prepared under thE I¥5torical costto1ri. Income AU incorne 15 recoBnised in the Stattment of Financial Actfj¥ltles tharity has efititlement to the frJTrI5. it i% probable that the inccrfne wll be re(eNed and the arnount ¢•n bÈ mÈayJred reliably. Exp•nthtLW• Uablllties are reccfnised as eXpeliure as is a legal orconstnJctfve ob1lBan crynrnitting the ChtY to that expenditure. it is yobable that a trafer of betIl5 will be re4uired in settlement and the arnnt ¢)f the obll8ation con be Tha5ured reliabty- Expendbture is accounted for on an accrua15 b05is and has been classified under headin8s that aggregate all cost related to the category. Where costs Umot be dlrealy atiribvted to p•rtKular headings they have been allted to a¢¢$ on a baSCon$tenf with ihe Le of re5wrce5. TbI¢ll¥¢d •s¢ts Depreclatlon Is prrled at the foloirewThJ4 rates irttyd•rto wriie off eathasset rIeStbrnatd useful lffe. prttand rn¥thimtry Strairt li tr4er 5years aTrJ Stral8ht lo¥$ The charity isexemptlrtyn ¢Npor¥tiM IOXM its (haritsble thtle Fund accounth VnrethrtEd fund$ ¢an be used Inact0rdareYmThththe thariiable objecwes 4tth¢dwetiMofthetrustees. Restrkted funds can onty be used for partiujtsr tricted purposes ithln the objects of the tharity. Restrktknns arise when spwfied by th¢ donor or wn funds are raised for partKular restricied purposes. There are Tr) re5tricod funds in thesetlnandal statement> FurtherexplanatKfflofthe natyre and purpose of eath furtd Ied Inthe notes totnLia1 ststements. Fihwd•l •ssets Ind Ilthknlies Trade and other debtors are initsally reclxntsed at irfi)n prKe a1 are subSequeV rerneasured to amort15ed cost USI the effecth irtteresi mhOd. kss Impaimient Kisses for b4d and dtyJbtlul debts. except whÈie the elFeu of di5¢0untin8 woukl be inMMteri4. In oses. re£eth are stated ot less impalmient 105ses Iw W and doubrful debts. Cash cash equIlents ttynprise ¢ash It bank atsj im hand. deposrts with bath. other $krt.1e hl8hty liquld Investments Ni8inal maiurlties of three mwth5 cy $$ and bank overdrafts. Bart overdrafty applicable. are shoym within current Ik•knliiies. Trade and other ueditors are ini¢ialty recvanised at prKe vthen there is a legal ¢struCtIVe obllgath)n cornmittin8 the ¢omp4nyiothat expenrfitu. Credit$ are gJb5eqtsently veme•sured to amorrised cost uyngthe effective interestmethod ueSS the eftertofdi%ourfiniwoukl be 1ftm7tea1. kn wNth Uy •re ststed at C05t. The accounts have been prepared on the assumptp)n that the tharrty 15 to as a goir¢ cortem vthi¢h the Trusteeswnsiderappfow4ate hawngreyrdto tir¢umascArtned the Tthstotl fknandal Matements. PaÈe 9 contlnued...
for the Year Ended 31 Oecember 2024 OTHEftTRADINGACTivmÉs 31.1124 31.12.23 Patronage of GRR Race 2024 Entry. Crani and tth¥lry sale5 Merchandise sales Caterin8 and bar outlet pitch rent Commission re fv"thmoThl Scouts camp Ront re(rge5 r• RKhrnond BrKlge Arch No.1 Acmmmodation cc4nfts$lon Commission re br•rbaed ck)thes 123317 1,217 3.282 2.319 113,020 2.616 4.025 1,581 1.657 518 14L029 124.587 INVESTMENTINCOME 3L12.24 31.12.23 Dep05ItKjnt Interest 715 209 NEf INCOME/IEXPENDrruREI Net IncomellexFenditurel ts ststed after th1j¢CreUn1)'. 31.12.24 31.12.23 DeprlatIon- owned asseis &Jrplus on dlsposal of frxed assets 1,524 13.(XJOI There were no trustees, remwr4tiM ty other be for the ye¥ ertdÈd 31 ccember 2024 for the year erKled 31 Oecember2023. Therewere tru5tee5' eMpen5e5 paid fortryearended 31 Deceml)er 2024 Thyfortheyear eThled 31 December 2023. Unre5tri¢ted fvnd INCOME AND ENDQWMEKfs FAOM Oonations ar legac$ 48.202 Othertrliryacbtle5 In¥estment Incotr 124,587 209 Totsl 172.958 EXPENDTfuRE ON tharitéble actlvltles Relating to tharitsble actMtS 104,272 NETINCOME 68,726 TOTAL FLINDSCARRIED FORWARD 68,n6 Page 10 C£tinUed...
The6re* Rl¥ertreT for the Year Ended 311)e(enthu2024 TANGIBLE FIXEDASSErs Plant and rnachinery At ljanuary 2024 ar 31 Detember 2024 8.193 DEPRECIATION Charge foryear 1,524 NET BOOK V1)E At 31 December 2024 6,669 At 31 December 2023 8,193 DEBTORS: ANKIUNTS FALUNG DUE WIThINONEYEAR 31.12.24 31.12.23 Trade debtors Other debtors VAT 76 120 901 Prepayme5 accrued irKome 1.250 5.534 1,021 CREfMTORS: AN)UNT5 FAWt4G DUE wmiiNoNEYEAR 3L12.24 31.12.23 Trade credItc$ VAT 74 195 Accruals and deferred irCthe 2336 8.314 4.394 8.S09 MOVEMENT IN FU1405 At 31.12.24 At l.L24 in funds Unr•sirlct•d fwds Gener¥lfund 6&726 51.282 120,008 TOTAL FUNDS 68.726 SL282 120,008 Net rnMent IThfith. induded In thE aihffi ¥Èas fdlm.. Resources expended PAovement infunds Uniesirl¢t4d fid$ General fvnd 151.547 11Tr).2651 5L282 TOTAL FUNDS 151.547 IICKI,2651 51.282 Page li continued...
Eh r 2024 MOVEMENTIN FUNDS. ¢•htiiwed Nel movement in lunds At 3L12.23 At 1.1.23 Unrestrfrted funds General fund 68.726 68.726 TOTAL FUNOS 68.n6 68.726 ComparatNt net MrMent (Und% irKIed ththe ¥bfft a 4sfolkyo: Inc(¥nin8 Resour$ expended Movement in funds Unr•slrfrt•dfw General fund 172.998 IlQ4.2721 68.726 TOTAL FUNDS 172.998 1104.2721 68,726 A current year 12 and k¥twyear 12 Mth$ CO¥d iSa5folknvs: Net At 31.12.24 At 1.1.23 in fvnds Umestrlaed lund5 General lund O.C#)8 120.008 TOTAL FUNDS 120.C 120.Q08 A current ar 12 months aThl pr•y year 12 uThbir*d t movement In fvThJs. IVded itt the above are as t015.. Resources Èxpendèj Movement in funds Untestrfrtedfvnts General fund 324.S45 1204.5371 120.008 TOTAL FUNDS 324.545 1204.5371 120.LYJ8 Page 12 tontinued.-.
The Great Year En l December 2024 IA. Th¥e were no partytraAsthnslortt)areNled 31 Dnthr 2024. Page 13
the Ye¥ ETrded 31 tknber 1024 31.12.24 31.12_23 INCOME AND ENDOWMElll5 DLM•tb0 and Iqyae5 Charitae donations 6,743 48,202 Othv tr•dn8a¢th4ibes Patror8e of GRR Race 2024 Entry. tranlni and sales Merthand15e 5ale5 caten8 and baroutlÈt wtth rent Cornmission re Richmond koutscampsite Rent rechaTges re Richmond BrbJ8e No.1 Actommodation commis%on Cornmlsslon re braTrJed dothes IU917 1.217 1282 2.319 113.020 2.616 4.025 1.581 1.688 1,657 518 141.OZ9 124.587 Investsnent Income tleposit xuwAtbAterert 775 209 Otherincom fjain on sale oftsnwe fNed ossets 15L547 172.998 EXPENOITURE Chaihable attlvltles Facility¢0sts Equipmentand InfrastftKre Certiate, statloneryand wlniiw costs Crare costs To4ngcosts Volunteer costs MerchandSse costs Port of London Auth¢¥ityc¢>sts Safety boots Klng5ton RNer Cruises Ltd ¢osrs Dn Tracking Ltd costs Road of the Roses Ltd costs P4ypal and Verifwe costs Rentof Richmond B¢id8es the$ No. I Charttable dcfft•tion5- JuknlantTrL Rates and water 37,230 1.376 3&701 1,043 4021 3.316 7,315 2.Q66 4,970 10.926 5.285 2.62S 360 2,943 2.096 1.687 3.4(Xl 10,115 3.601 263 10.164 7.072 2,224 3.375 117 8.313 4.624 3.101 Posta8e. stalloneryand website 3.401 94.883 103.392 Support costs nan¢e Commfftee meetsw costs Carried fOard 138 138 This page does rtfc<M partof ststuttyyfin•nty•l statements pa 14
lorihe Year End 31 Decefflber 1014 31.12.24 31.12.23 Brought forward Bank char8es HMRC penahl¢s Depreciaticfi of pltand maclwnwy 138 558 1.524 2.089 Actountantyand fets 3293 742 Total rete$ expended I265 104.272 Netlncome 51.282 68.726 Thi$ p4#e d¢)t5 Mtfomi partoftt* 5tthtryfiThindal sratem¢nts Pale 15