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St Ives Pilot Gig Club
Trustees, Annual Report
Receipts and Payments Account &
Statement Of Assets and Liabilities
Reporting Period: 1st January 2024 to
31st December 2024
Charlty Reglstratlon Number.. 1202765

St Ives Pilot Gig Club
Contents
OBJECTIVES AND ACTIVITIES.
ACHIEVEMENTS AND PERFORMANCE...................................................................
FINANCIAL REVIEW..............................................................................................
STRUCTURE, GOVERNANCEAND MANAGEMENT..................................................
REFERENCE AND ADMINISTRATIVE DETAILS..........................................................
FUNDS HELDASCUSTODIAN TRUSTEESON BEHALF OFOTHERS.............................
DECLARATIONS.................................................................................................. 10
RECEIPTSAND PAYMENTS................................................................................... 11
STATEMENT OF ASSETS AND LIABILITIES ATTHE END OF THE PERIOD........
.12
Trustees, Annual Report
Charity Registration Number.. 1202765
I. January 2024- 31" December 2024
Page 2 of 12

St Ives Pilot Gig Club
Objectives and Activities
SORP reference
Summary of the purposes of
the charity as Set out in its
governing document
Para 1 17
St Ives Pilot Gig Club's primary purpose is the
promotion of community parbcipation in healthy
recreation. In parhcular by the provision of
facilities, encouragement, and instructions in the
sport of rowing, in parhcular Cornish Pilot Gigs
for the benelit of the public.
During the period, the Drganisation has provided
coathing, training, and rècing opportunities for
members. At the end of the year 36 local
residents were members of the club and annual
membership includes access to equipment,
training sessions and entry into regattas and
championships should people wish to row more
competitivelv.
The trustees have full regard for the guidance
issued by the Chairty Commission and are
regularly briefed on the importance and
requirements of operating for the public benefit.
Summary of the main activities
in relation to those purposes
for the public benelit, in
particular, the activities,
projects or services identified in
the accounts.
Para 1.173nd 1.19
Statement conlirming whether
the trustees have had regard to
the guidance issued by the
Charity Commission on public
benelit
Para 1 18
Additional information loptionall
You may choose tts include further statements where relevant about..
SORP referente
Policy on grant making.
Para 1.38
Not applicable currentlv
Policy on social investment
including program related
investment.
Para 1 38
Not applicable currentlv
Contribution made by
volunteers.
Para 1 38
All members volunteer their time to ensure all
boats and rowing equipment are maintained.
The day-to-day operations of the organisation
are overseen by an elected committee who
volunteer for additional role5. These roles
include..
Club Captains
Club Vice Captains
Coxswains
Boatswain
Secretarv
Treasurer
Health and Safety Officer
Well Being Officer
Other
Trustees, Annual Report
Charity Registration Number.. 1202765
I. January 2024- 31" December 2024
Page 3 of 12

St Ives Pilot Gig Club
Achievements and Performance
SORP referente
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
In 2024 St Ives Pilot Gi8 Club were able to be
invited and attend the World Pilot Gig
Championships on the Isles of Scilly. Additionally,
a number of local regattas were attended where
weather allowed including.. Coverack, Goran
Haven, Porthleven, Charlestown, Across the Bav
Race, Caradon 3 Rivers, and the Men's Newquay
County Championships.
Attending such event5 provided opportunities for
members to competitively race and to do so
developed their skills, knowledge, and fitness to
compete. Those who were not competing were
a150 encouraged to attend in support and to
partake socially meeting the charity's objective
of Community engagement and social well-being.
Rowing training was provided throughout the
vear with 4 sessions per week available during
the summer, when daylight 53ving BST applies
and I session in the winter when clocks go back
to GMT, supported by circuit training at the local
sports centre, providing a positive and inclusive
environment to engage in health recreation and
receive instruction in the heritage sport of gig
rowing
Members have formed strong friendships, and
many have commented on the Mental health
benefits of meeting new people and having
shared health and fitness goals. This is turn has
impacted general well-being amongst members,
combatted loneline55 and given members a
sense of accomplishment and achievement both
individually and as a member of a wider team.
Additional information loptionall
You may choose to include further statements where relevant about..
Achievements against
During the period under review the organisation
objeehves set.
worked to continue to increase awareness of the
club through social media and printed media and
at the end of the year had had a total of thirty-
six members123 identifying as female and
thirteen identifying as malel. This included ft>ur
new female and one new male and increased
the number of local community members
parbcipating in healthy recreation a primary
charitable objective.
The organisats.on had the specifi.c fundraising
objechve of ensuring the annual Raft Race was
Performance of fundraising
achvities against objectives set.
Trustees, Annual Report
Charity Registration Number.. 1202765
I. January 2024- 31" December 2024
Page 4 of 12

St Ives Pilot Gig Club
11
brought back to the town, to reignite community
spirit and engagement and at the same time
raise funds for SIPGC to support its continuance.
This event had not been run since Covid
lockdown.
Parhcipants pay an entry fee to bring a
homemade raft to race, and the event is a
collaboration with local business, the
community, Harbour Master and Town Council.
Local business donated prizes to support the
club.
Twelve raft entries were made at a donation of
£30 each raising a total of £360.txi.
Raffle rickets, -Throw a Jelly~ and -Guess the
Number of Sweets raised a further £2,188 after
the processing fees of £12.
There was no Food Festival in 2024, but
additional funds were raised from Easy
Fundraising1£2281 and Dorset Police Grant
1£5001
Investment performance
against objectives
Para 1.41
Not applicable currently
Other
Trustees, Annual Report
Charity Registration Number.. 1202765
I. January 2024- 31" December 2024
Page 5 of 12

St Ives Pilot Gig Club
Financial Review
SORP referente
Review of the charity's linancial
position at the end of the
period
Para 1.21
Receipts totalling £13,481 lunrestrirted £9,098
and restricted £4,384) came into the charity in
the period to 31, December 2024. Against which
expenditure of £11,048 lunrestricted £7,492 and
restricted £3,556) was incurred.
Total reserves of £7,0251£6,182 unrestricted and
£843 restricted) are held as cash at the end of
the year enough to cover ongoing cost5 such as
insurances should there be a decline in
membership income in the following year.
£7,0251£6.182 unrestricted and £843 restricted)
Not applicable currently
Statement explaining the policy
for holding reserves stating why
they are held
Para 1.22
Amount of reserves held
Rea50n5 for holding zer
reserves
Para 1.22
Para 1.22
Details of fund materially in
deficit
Explanation of any
uncertainties about the charity
continuing as a going concern
Para 1.24
Not applicable currentlv
Para 1.23
Not applicable currently
Addltional Information loptionall
You may ch005e to include further statements where relevant about..
The charity's principal sources
Para 1.47
The Charity relies principally on membership
of funds (including anv
fees to cover the cost of maintenance and
fundraising)
moorings.
New equipment is funded by application for
specific grants and through fundraising activities
Not applicable currently
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
An aging local population and elevated level of
second home ownership means there is a very
small community from which to draw new
members.
In addition to this other personal and work
commitments can impact of members being able
to remain actively involved. Both of the above
risk a reduction in membership and with this,
income to enable basic operating costs to be
covered. There is 3 ceiling on membership feÈ
levels a5 the organisation wishes to remain cost
effective and inclusive.
Other
Trustees, Annual Report
Charity Registration Number.. 1202765
I. January 2024- 31" December 2024
Page 6 of 12

St Ives Pilot Gig Club
Structure, Governance and Management
Description of charity's trusts-.
Type of governing document
SORP referente
Para 1.25
Charitable Incorporated Organisation
Constitution
cio
How is the charity constituted?
Para 1.25
Trustee selection methods
including details of any
c()nstitutional provisions e.g.
election to post or name of anv
person or body entitled to
appoint one or more trustees
Para 1.25
Anyone wishing to become a Trustee is invited to
make their wishes known and to provide the
organisation with an outline of whèt they can
contribute to the Charity in this role.
Additional information loptionall
You may choose to include further statements where relevant about..
Policies and procedures
Para 1.51
Trustees are provided with the Charity
adopted for the induction and
Commi55ion Trustee Welcome pack
training of trustees.
he charity's organisational
strutture and any wider
network with which the charity
works.
Para 1.51
The Charity has a board of Trustees who have
voted to pass day to day operations to an
elected committee.
Relationship with any related
parties
Para 1.51
Not applicable currently
Other
Trustees, Annual Report
Charity Registration Number.. 1202765
I. January 2024- 31" December 2024
Page 7 of 12

St Ives Pilot Gig Club
Reference and Administrative details
Charity name
Other name the charity use5
Registered charity number
Charity'5 principal address
St Ives Pilot Gig Club
SIPGC
1202765
The Wharf
St Ives Harbour
St Ives
Cornwall
TR26 ILH
Names of the charity trustees who manage the charity
Trustee name
Office Ilf any)
Dates acted If not for whole
year
Name of person lor
body) entitled to
appoint trustee lif any)
Peter Preston
Chair
29" August 2024
Reappointed 29, August 2024
Reappointed 29, August 2024
Reappointed 29, August 2024
29" August 2024
29" August 2024
29, August 2024
29" August 2024
Jennifer Cameron
Treasurer
Peta Earle5
Trustee
Deborah Sedgeman
Holly Titman
Paul Olney
Gayle Bowden
Paul Bowden
Trustee
Trustee
Trustee
Trustee
Trustee
Corpo￿te tfU5tees- names of the directors at the date the report wa5 approved
Dlrector name
Name of trustees holding title to property belonging to the Charity
Trustee name
Dates arted if not for whole
year
Trustees, Annual Report
Charity Registration Number.. 1202765
I" January 2024- 31" December 2024
Page 8 of 12

St Ives Pilot Gig Club
Funds held as custodian trustees on behalf of others
Description of the assets held in
this capacity.
Not applicable currently
Name and objert5 of the charity
on whose behalf the assets are
held and how thi5 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 loptionall
Names and addresses of advlsers (Optional 5nformationl
Type of
adviser
Name
Address
Name of Chief executive or name5 of senior staff members (Optional infomiationl
Exemptions from dlsclosure
Reason for non4isclosure of key personnel details
There are no paid employees.
Other optional inforniation
Trustees, Annual Report
Charity Registration Number.. 1202765
I. January 2024- 31" December 2024
Page 9 of 12

St Ive5 Pilot Gig Club
Declarations
The trustees declare that they have approved the trustees. repon above.
Si¢ned on behalf of the charivs trustees
Sl8natur4s)
Full namels)
Mr Peter Preston
Mr5 Peta Earle5
PqJ5itiDn (e.5. se￿ryI
Chair, etc)
Chair
secretary
Date
i? /05,/ 2ba
Trustees. Annual Report
Charty Registrat(on Number 1202765
1° January 2024- 31° December 2024
Page 10 ot iz

St Ives Pilot Gig Club
Receipts and Payments
Unrestricted
funds
to tho noar•st
Restricted
fvt)ds
Endowment
funds
Total furbds
Last year
toth& nèar•stÈ
toth• noarèstÈ
to th• nbarèstÉ
tothè nèaY•Ètt
Al Recei
DOTr￿￿￿3. Legacies
F￿dr￿5￿g EbErns- RaftRece
F￿draIsIN0 EvÉnls- F￿d Fg$1￿1
37
ts57
2,5
22>
229
mbers SUbscn￿c￿
5,12
3,129
Go￿efr￿n CirGuilTlF￿￿g
Tthving Fees
OIFW Inotyng
6JO
62
3.$26
Jz
Sub totsl(Gross inGom8 forARI
1,99
17.7T2
A2 Asset and Inve8tm8nt 8al88,
(see tablel.
Oar
1(K)
Sub total
100
1C
13.461
17.872
A3P
ments
S￿rAncÈ
2,090
1,708
SC Relll
9$)
gRF¢ R￿1
1,060
S Shipping￿d Dinn
Eank Charges
¢P￿MÈ￿￿S￿ip
KrtSiipplie3
Reptifs and
Racè EntryFÉÉs
Trwiw Fee3
End of
170
2m
2L¥)
l.D
B28
2￿
293
164
164
265
285
1.465
fyfts and Tiaphi￿s
c1￿￿ts F￿1 Renlal
633
283
$3J
120
Raft R￿e SUpE￿Ie
CdMpulÈrSafv¢a
Repa¥8 (ExcepUL￿d
Postag2
cus￿&
263
665
Sub total
7,492
11.048
8.279
A4 Asset and investment
ur¢hases,
$00 18bl8
GRP Sloo
Sub total
1556
11279
Net Of￿¢eIpt￿fP&YmentsJ
A5 Transfers between fund$
A6 Cash funds last year end
Cash funds this year end
1,605
15
4592
182
828
Is
4,592
4,592
7,025
4,592
Trustees, Annual Report
Charity Registration Number.. 1202765
I" January 2024- 31" December 2024
Page 11 of 12

St Ives Pilot Gig Club
Statement of assets and liabilities at the end of the period
Ivriv
luiith
Iuimts
Bl C*•h fvnd•
Total fund
4182
Unre5trlctod
R•strfdèd EndtrAtm•nt
l¥n¢ls
t+nDxe*£
Details
B2 Other mon•tAry •￿tt$
Fundto
CLfi•ntv*
F￿dto￿l
cwreniv￿u*
94 r•tain•d for the
chaity8 iy•m use
Trakn 2
FvndlOTAknth
VA¥n du•
BJ Liabiwtkn
of
tru5ts88
Siqnabjre
Print N•
Ici/0 g
lgioyi I
Trustees, Annual Report
Chartty Re815tyai6Dn Number 1202765
Istjanuary 2024-31° De￿mber 2024
page 12 of 12