Cherwell Canoe Club Charity Registration Number 1201741 Trustees Annual Report for the Period 27[th] January 2023 - 31[st] December 2023
Principal Office Address
Astwick Farm Cottages, Croughton, Brackley, NN13 5LL
Trustees
Trustees are elected by members at the Annual General Meeting. The members or the trustees may appoint a new trustee at any time provided that the limit on the number of trustees is not exceeded.
The CIO had the following three trustees throughout the period to 31[st] December 2024, Andrew Dancer, Patrick Reynolds and Mark Thomas.
Governing Document
CIO Association Constitution dated 27[th] January 2023.
Objectives and Activities, Achievements and Performance
The object of the CIO is the promotion of community participation in healthy recreation for the public benefit by the provision of facilities and coaching in canoeing, kayaking, paddle-boarding and any other related paddle sport.
The club has hired swimming pools to run introductory and improver kayaking courses, ongoing general training, canoe polo training and competitions. The club has also run recreational paddling trips locally and in Devon and Wales including placid water, white water trips and a kayak surfing weekend. Canoe polo competition entries around the UK and abroad have been facilitated.
These have been for the benefit not only of our members, but also members of other clubs and for wider family groups and others.
The Trustees have complied with the duty in section 4 of the Charities Act 2006 to have due regard to guidance on public benefit published by the Charity Commission.
Financial Review
The charity has adequate funds and reserves at the end of 2023 to continue it’s services.
Reserves are held to allow for facilities and events to be booked before the associated income is received and to allow for fluctuations in that income. Funds are also held for improving storage arrangements for water craft and equipment. Discussions with the local authority, as site owners, are protracted so there is no likely date yet for this work. £10,000 is held in reserve.
No funds are held as custodian trustee on behalf of others.
Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Patrick Reynolds
Trustee
16[th] October 2024
| Charity Name Cherwell Canoe Club CIO |
Charity Name Cherwell Canoe Club CIO |
Charity Name Cherwell Canoe Club CIO |
No (if any) 1201741 |
|
|---|---|---|---|---|
| For the period from |
Period start date 27thJanuary2023 |
To |
Period end date 31stDecember 2023 |
| Section A Receipts and payments | ||||
|---|---|---|---|---|
| A1 Receipts Membershipsubscriptions 1,613 Pool sessions 5,001 Polo leagues and tournaments 565 Courses 935 Recreational trips 1,213 Bank Interest 10 - _- - _- 9,337 - _- - _- Sub total - _- Total receipts 9,337 A3 Payments Pool hire 3,170 Polo leagues and tournaments 740 Recreational trips 800 Membership&payment system charges 266 Training 79 - _- - _- - _- - _- Sub total 5,055 kayak purchase 250 - _- Sub total 250 Total payments 5,305 Net of receipts/(payments) 4,032 A5 Transfers between funds - _- A6 Cash funds last year end 13,907 Cash funds this year end 17,939 Unrestricted funds to the nearest £ Sub total(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table) |
to the nearest £ - - - - - - - - - - _- - _- - _- - _- - - - - - - - - - - - _- - _- - _- - _- - - 5,000 5,000 Restricted funds |
to the nearest £ Endowment funds |
Total funds to the nearest £ 1,613 5,001 565 935 1,213 10 - - 9,337 - - - 9,337 3,170 740 800 266 79 - - - - 5,055 250 - 250 5,305 4,032 - 18,907 22,939 |
Last year to the nearest £ |
| - | 1,613 | - | ||
| - | 5,001 | - | ||
| - | 565 | - | ||
| - | 935 | - | ||
| - | 1,213 | - | ||
| - | 10 | - | ||
| - | - | - | ||
| - | - | - | ||
| - | 9,337 | - | ||
| - _- | - | |||
| - _- | - | - _- | ||
| - _- | - | - _- | ||
| - _- | 9,337 | - _- | ||
| - | 3,170 | - | ||
| - | 740 | - | ||
| - | 800 | - | ||
| - | 266 | - | ||
| - | 79 | - | ||
| - | - | - | ||
| - | - | - | ||
| - | - | - | ||
| - | - | - | ||
| - | 5,055 | - | ||
| - _- | 250 | |||
| - _- | - | |||
| - _- | 250 | - _- | ||
| - _- | 5,305 | - _- | ||
| - | - | 4,032 | - | |
| - | - | - | - | |
| 5,000 | - | 18,907 | - | |
| 5,000 | - | 22,939 | - |
Section B Statement of assets and liabilities at the end of the period
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use |
Details Bank accounts PayPal, GoCardless Details Details Details Boats, trailer, kit etc. Club clothing stock Details Invoices for 2023 paid in 2024 Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ 17,702 237 - 17,939 OK to nearest £ - - - - - - Unrestricted funds Unrestricted funds Unrestricted funds Unrestricted funds Unrestricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates |
to nearest £ 5,000 - - 5,000 OK to nearest £ - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - 5,227 - - - - Restricted funds Restricted funds Amount due (optional) |
to nearest £ Endowment funds |
|---|---|---|---|---|
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| OK | ||||
| to nearest £ Endowment funds |
||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| Current value (optional) |
||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| Current value (optional) |
||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| When due (optional) |
||||
| Invoices for 2023 paid in 2024 | Unrestricted funds | 5,227 | ||
| - | ||||
| - | ||||
| - | ||||
| - |
Signed by one or two trustees on behalf of all the trustees
Signature
Date of Print Name approval