CHARITY COMMISSION FOR ENGLAND ANO WALES Trustees, Annual Report for the perfod from 9 May to 31*1 December 2023 Charlty name: Bradford on Avon Boat Club Other names: The club is also known as Bradford on Avon Rowing Club and Bradford on Avon Canoe Club, and uses these names primarily when entering races. Addr888: Barton 8ridge. Pound Lane, Bradford on Avon, Wiltshire BA15 1 LF Charlty roglstratlon number: 1202991 Trustees: John Short, Matthew Hubbard, Robert Beer, Mark Stamp6r ObJectlve$ and A¢tlvltles Per the constitution, the objects of the CIO are, Ihe promotion of Community participation in healthy recreation for the benefit of the inhabitants of Bradford on Avon and the surrounding area by the provision of facilities for water sports activities including rowing. canoeing and kayaking.. The CIO engages in ¢anoeing, kayaking and rowing activities primarily on the river in Bradford on Avon. Training and coaching sessions for members are held throughout th8 year, with members choosing whether to train individually or with others. Members also regularly enter competitions at reglonal. natlonal, and International18vels. In addition to regular member activities, the Charity also promotes sport to the IoGal community by offering Learn-to-row and Leam-to-paddle Gourses. These courses run multiple times throughout the year and are usually over-subscribed. The charity has somè engagement with local schools, and we have also provided facilities and coaching for a couple of para athletes (one of whom competed at the W0￿d Rowing Championships, winning gold). The club works closely with the local council in monitoring the state of the river, induding vegetation and trees on the banks. The club also has a long-standing relats'onship with the amiy, and provides the use of its facilitie5 from time-to-time. The key developmenl during th8 period has been the extension of the boathouse, which has significantly improved the club'5 facilitles. This was a major expense, funded from club reseNes, donations and loans from members, and grants from the local council and haritable trusts. The work was carried out by local fimis, but there was also a huge contribution from num8rous members on a voluntary basis. The charity has no employees, and all management and maintenance of the club's facilities and equipment is also ¢arn6d out by members on a voluntary basis. Flnanclal Revlew The Gharity is primarily financed through members. subs¢riptions. collected monthly via Direct Debit. The charity aim5 to hold at least £20,000 as a general reserve to deal with any emergencies or unforeseen expense5, a5 agreed by the trustees and Management Committee. Any excess funds are used in the running oflhe club {equipment maintenance and purchases, insuran￿, utilities, buildings and grounds maintenance etcl. The charity has around 180 members and is adequately financed through the membership fees and reserves. All funds are held in a bank account in the name oflhe charity, with no funds held by a custodian trustee. The assets ofthe charity are the land, buildings. equipment and cash (in the bank account), and the only liabilities are the outstanding loans made by members to help fund the boathouse extension. and a small amount held as deposits for boathouse kgys issued to members. The charity is in a healthy financial position and there is no uncertainty about the charity as a going concern. Structure, Governance and Management The charity is constituted as an Association Charitable Incorporated Organisation. There must be at least 4 trustees, who must also be members of the club and aged 18 or above. Trustees are elected by members at th8 Annual General Meeting, and 1 trustee shall retire from office at each AGM. The trustees delegate day-to4ay management of the club to the Management Committee, comprising the Chaiman, Vice-chairman, Secretary, Treasurer, Membership Secretary, Commodore, Vice Commodore, Captain, Vice-captain, and Safety Advisor. These compris8 the"Officers ofthe Club.. The Officers of the Club are also elected by members at the AGM. Additionally, two members from each of the rowing and canoeing membership sh811 be elected at the AGM to serve on the Management Committee, with full voting rights. Declaratlons The trustees declare that they have approved the trustees. report above. Full name si nature Date John Charles Short /./• Matthew James Hubbard Robert Geofftey James Beer 12/71Z* Mark Stamper ' 0 6 AUG 2024 REGISTERED CHARITY NUMBER: 1202991 {England and Wales) ort of the Trustees and Flnanclal Statements for the Period 9 Ma 2023 0 31 De¢emb¢r 2023 for Bradford on Avon Rowin Club Mand8r Dufflll Charteied Accountants The Old Post Olfiee 41.43 Market Place Chlppenham Willshire SN15 3HR Bradford on Avon Boat Club Contents of the Financial Statemènts for the Period g Ma 2023 to 31 December 2023 Page Report of the Trustees Independènt Examiner's Rèport statement of Flnanclal Acllvltles Balanc& Sheèt 4 10 5 Notes to the Flnanclal Statemonts Detalled Slatamgnt of Flnanclal Actlvltles Br dford on Avon Boat Clu Re ort of the Trustees for the Period 9 Ma 2023 to 31 December 2023 The Iruslees who are also directors of the charity for the purposes of Ihe Companies Act 2006, present their report wilh the financial statements of the charily for the period 9 M8y 2023 to 31 December 2023. The Iruslees have adopted the provisions of Acc(MJnling and Reporting by Charities.. Slatomenl of Recommended Practice applicabla lo charities preparing their accounts in accordance wilh the Financial R8POrting Sl8nd8rd applicable in the UK and Republic ol Ireland (FRS 102) leffecllve 1 January 2019). INCORPORATION The chaTilabl8 company was Incorporated on 9 May 2023 and commenced Iradlng on th8 same dale. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by ils governing documenl, a Charilable Incorporated Organisalion ICIO}. REFERENCE AND ADMINISTRATIVE DETAILS Regislered Charlty number 1202991 Reglstered offic8 Barton Bridge Pound Lana Bradfoid on Avon Willshire BA15 1LF Trustees M Stamper Treasurer J Short Chairman M Hubbard Caplaln R 8eer Commodore Indep&ndènt Examlner Andy Davls FCA Mander Duffill Chartered A￿oUntantS The Old Post Offi 41-43 Markel Place Chippenham Willshire SN15 3HR Approved by order of the board of Iruslees on . and signed on its b8h8lf by.. M Stamper- Tiuslee Page 1 Inde endent Examl er's Rè ort to the Trus Bradford tsn Avon Boat Club Independent examiner's report lo the trustees of Bradford on Avon Boat Club I'the Company. I report lo the charily Iruslges on my examination of the accounts of the Company for the peTio(J g May 2023 10 31 December 2023. Responslbllllles and basis of report As the ¢harity's Iruslees of the Comp8ny (and 8180 ils directors for the purposes of company law) you are responsible for the pr@par81ion of Ihè accounts in accordance with tha requSYemenls of the Companles Act 20061'lhe 2006 Acl'l. Having sallsfled myself that the accounts of the Company are not required lo be audtted under Part 16 of the 2006 Act and ar8 eligibl8 for independent examlnalion. I report in respect of my examinallon of your charlty's accounts as carri8d out under Section 145 of the Charities Acl 2011 I'lhe 2011 Acl'l. In carrying oul my 8xaminalion I have followed lh8 Directions given by the Charity Commission under S8¢tion 145151 Ib) of the 2011 Acl. Ihdependenl examlner's statement I have completed my examlnation. I confirm that no mallers have come lo my allerblion in connecliDn wilh the examination giving me cause lo beliavè.. accounllng records were not kept in respect of th6 Company as requiTed by Sectlon 386 of the 2006 the accounts do nol accord with Ihtsse recoids. or the accounts do not comply wilh the accounting requirements of Seclion 396 of the 2006 Act other than any requir8m8nl that th8 accounts give a Irue and fair viBw which is not a malleT consideTed as part of an indepgndenl examinalion; or the accounts have not been prepared in accordance with Ihe melhods and principlos of Ihe Slalemenl of Recommended Piaclice foi accounting and reporting by charilies18ppllcable lo charilles preparing their accounts in 8ccordance with the Financial Reporting Slandaid applicable in the UK and Republic of Ireland {FRS 102)). I have no concerns and have come across no other mallers in connection wSlh tho examlnalion lo which allanlion should be drawn ln this report in order lo enable a proper understanding of Ihe accounts to be reachecl. Andy Davis FCA The Institute of Chartered Accountants in England and Wales Mandar Duffill Chartered Accounlanls Th8 Old Post Office 41-43 Market Place Chipp8nham Wiltshire SN15 3HR D81e= Page 2 Bradford on Avon Boat Club statement of Flnanelal Actlvlties for the Perlod 9 Ma 2023 to 31 DecembBr 2023 Unreslricled fund Notes INCOME AND ENDOWMENTS FROM Donatlons and legacies 103,403 Investment Income Total 104.448 EXPENDITURE ON Raising fund5 10.704 Olher Total 11,904 NET INCOME 92,544 RECONCILIATION OF FUNDS Total funds brought foNaTd 537,257 TOTAL FUNDS CARRIED FORWARD 629 801 The nol68 form part of these financial slalemenls Page 3 Bradford on Avon Boat Clu alance Sheet 31 December20 Unreslricled lund Noles FIXED ASSETS Tangible 8ss818 582,208 CURRENT ASSETS Cash al bank 68.543 CREDITORS Amounls falling due wilhln one year {6,750} NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 644,001 CREDITORS Amounts falling due afler more than one year 6 {14,200) NET ASSETS 629 801 FUNDS Unreslrlcled funds 629.801 TOTAL FUNDS 629,801 The charitable company is enlilled lo exemption from audll under Seclion 477 of the Companies Acl 2006 for the period ended 31 December 2023. The members have not required the company lo obtain 8n 8udil of ils fin8nci81 slalemenls for the period ended 31 December 2023 in accordance with Section 476 of Ihe Companies Act 2006. The Irusle8s attknowledge Ihelr resporisiblliti￿ for (a) ensuring that the charltable company keeps accounting records that comply with Sections 386 and 387 of th8 Companies Act 2006 and preparing financial s181emenl$ which give a Irue and falr vlew of the slate of affairs of the charilable company as at the end of each financial year and of ils surplus or delicil for 08ch fin8n¢ial year in accordance with the requiremenls of Sections 394 and 395 and whlch olhelwse comply with the requirements of Ihe Companie5 Acl 2006 r8laling lo financial slalements, so far as applicable to the charitable comp8ny. (b} Th8 notes form part ol these financlal statements Page 4 conllntsed... Bradford on Avon Boat Clu Balance Sheet - contlnu 31 December 2023 These financial statements have been prepared In accordance with the provisions applicable lo charitable companles subject lo the small comp8nie5 regime. The financial sl lelnenls were approved by the Board of Trustees and aulhorised for issue orb and weTe signed on ils b8haif by: M Stamper- Truslee M Hubbard- Trustee The notes form part of Ihese financial slalemenls Page 5 Bradford on Av n Boat Club Notes to the Flnancl0S Statements for tho Perlod 9 Ma 2023 to 31 December2023 ACCOUNTING POLICIES Basis of preparlng the financlal statements The financial slalemenls ol the charitable Company, whlch Is a publlc benefit entity under FRS 102, have been prepared in accordance wilh the Charities SORP IFRS 102)'Accounling 8nd Reporting by Charities.. Statement of Recommended Practice applicable lo charilles prep8Ting IheSr accounts In accordance with the Financial Reporting Sland8rd applicaljle In the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191,, Fir*ancial Reportlng Standard 102 'The Financial Reporiing Standard appllcable in the UK and Republic of Ir8land' and the Companies Act 2006. The financi81 slalemenls have b88n pr8pared under the historical cost convention. Income All income is recognised In the Slalemenl of Flnancial Activities once Ihe ¢harily has enlillemenl lo the funds, il is probable Ihal Ihe income will be received and the amount ¢an be ￿e85￿[ed reliably. Expendlture Liabilities are recognised as expenditure as soon as Ihere is a legal or conslruclivo obligation commilling tha char61y lo that expenditure. il Is Probable that 8 Iransf8r of economlc benefits will be requlred in se1118menl and the amount of tha oblig01ion can be Fneasured reliably. Expenditure is 8¢counled for on an accruals basis and has been ¢lasslfled under headings that aggregate all cosl r81aled lo the category. Wharg costs cannot be dlreclly allribuled lo particular headings Ihey have been allocated lo activities on a basis consislenl with the use of resources. Taxatlon The charity Is exempl from Corporation 18x on ils charilable activities. Fund accountlng Unreslricled funds can be used in accordance wilh the charitable objeclives at the discretion of the Iruslees. R8slrictad funds can only be used for particular reslrlcled purpos6s wllhln the objects of the charity. Reslricllons arise when specified by the Oonor or when funds are ra15ed for particular r¢slri¢lgd purposes. Furthef explanallon of Ihe nature and purpose of each ftjnd Is Included In th8 iioles lo Ihe financial statements. INVESTMENT INCOME Interest receivable - Irading 1,045 TRUSTEES, REMUNERATION AND 8ENEFITS Ther8 were no Irijslees. remuneration or olh8r b8nefits for the perlod end8d 310ecember 2023. Trustees. expenses There were no trustees, expenses paid for the p6riod ended 31 D8c8mbtsr 2023. Page 6 conlinu6d... Bradford oh Avon Boat Clu Notes to the Flnanclal Statements - contlnued for the Period g Ma 2023 to 31 December 2023 TANGIBLE FIXED ASSETS Improvemenls lo property Freehcikl pyopety Pl8nl and machinery Totals COST AddSllon8 175,000 168.098 239.110 582.208 NET BOOK VALUE Al 31 December 2023 175,000 168 098 239,110 582,208 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors Accrued expenses 5,550 6,750 CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR Other loans (see note 7) 14,200 LOANS An analysls of the maturity of loans is given below.. Amounis falllng due between and fiva years: Boathouse loans- 2-5 years 14,200 OVEMENT IN FUNDS Nel movement In funds Al 31.12.23 Al 9.5.23 Unrestrlcted funds General fund 537.257 92,544 629,801 TOTAL FUNDS 537 257 92,544 629 801 Nel movement in funds, includeil In the above are as follows.. Incoming resources Resourcas 8xp6ndtsd Movemènt in funds Unrestrlcted funds General fund 104.448 {11,9041 92.544 TOTAL FUNDS 104,448 11,9041 Page 7 continued. Bradford on Avon Boa Club Notes to the Financial St tements - contlnued for th¢ Perlod 9 Ma 2023 10 31 December 2023 RELATED PARTY DISCLOSURES There were no related party transactions for Ihe period ended 31 December 2023. Page 8 Bradford on Avon Boat Club Detailed Statement of Flnanclal Actlvllles for the Period 9 Ma 2023 to 31 December2023 INCOME AND ENDOWMENTS Donatlons and legaclès Donalions Sundry Subscriptions Lessons 91,847 123 9,393 2,040 103,403 Inveslmenl Income Interest receivable- trading 1.045 Total Incomlng resources 104,448 EXPENDITURE Other trading activities Rowing expenditure C8noeing exp8ndilure 3,794 2,279 6.073 Support costs Management Ral8s and water Llghl and heal Sundries 718 1.619 1,734 4,071 Informatlon t8chnolooy Repairs and renewals 560 Governance costs Accountancy and legal fees 1.200 Tot81 resources expended 11,904 Net Income This page does not form part of ihe slalulory financial statements Page 9 0 6 AUG 2024 REGISTERED CHARITY NUMBER: 1202991 {England and Wales) ort of the Trustees and Flnanclal Statements for the Period 9 Ma 2023 0 31 De¢emb¢r 2023 for Bradford on Avon Rowin Club Mand8r Dufflll Charteied Accountants The Old Post Olfiee 41.43 Market Place Chlppenham Willshire SN15 3HR Bradford on Avon Boat Club Contents of the Financial Statemènts for the Period g Ma 2023 to 31 December 2023 Page Report of the Trustees Independènt Examiner's Rèport statement of Flnanclal Acllvltles Balanc& Sheèt 4 10 5 Notes to the Flnanclal Statemonts Detalled Slatamgnt of Flnanclal Actlvltles Br dford on Avon Boat Clu Re ort of the Trustees for the Period 9 Ma 2023 to 31 December 2023 The Iruslees who are also directors of the charity for the purposes of Ihe Companies Act 2006, present their report wilh the financial statements of the charily for the period 9 M8y 2023 to 31 December 2023. The Iruslees have adopted the provisions of Acc(MJnling and Reporting by Charities.. Slatomenl of Recommended Practice applicabla lo charities preparing their accounts in accordance wilh the Financial R8POrting Sl8nd8rd applicable in the UK and Republic ol Ireland (FRS 102) leffecllve 1 January 2019). INCORPORATION The chaTilabl8 company was Incorporated on 9 May 2023 and commenced Iradlng on th8 same dale. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by ils governing documenl, a Charilable Incorporated Organisalion ICIO}. REFERENCE AND ADMINISTRATIVE DETAILS Regislered Charlty number 1202991 Reglstered offic8 Barton Bridge Pound Lana Bradfoid on Avon Willshire BA15 1LF Trustees M Stamper Treasurer J Short Chairman M Hubbard Caplaln R 8eer Commodore Indep&ndènt Examlner Andy Davls FCA Mander Duffill Chartered A￿oUntantS The Old Post Offi 41-43 Markel Place Chippenham Willshire SN15 3HR Approved by order of the board of Iruslees on . and signed on its b8h8lf by.. M Stamper- Tiuslee Page 1 Inde endent Examl er's Rè ort to the Trus Bradford tsn Avon Boat Club Independent examiner's report lo the trustees of Bradford on Avon Boat Club I'the Company. I report lo the charily Iruslges on my examination of the accounts of the Company for the peTio(J g May 2023 10 31 December 2023. Responslbllllles and basis of report As the ¢harity's Iruslees of the Comp8ny (and 8180 ils directors for the purposes of company law) you are responsible for the pr@par81ion of Ihè accounts in accordance with tha requSYemenls of the Companles Act 20061'lhe 2006 Acl'l. Having sallsfled myself that the accounts of the Company are not required lo be audtted under Part 16 of the 2006 Act and ar8 eligibl8 for independent examlnalion. I report in respect of my examinallon of your charlty's accounts as carri8d out under Section 145 of the Charities Acl 2011 I'lhe 2011 Acl'l. In carrying oul my 8xaminalion I have followed lh8 Directions given by the Charity Commission under S8¢tion 145151 Ib) of the 2011 Acl. Ihdependenl examlner's statement I have completed my examlnation. I confirm that no mallers have come lo my allerblion in connecliDn wilh the examination giving me cause lo beliavè.. accounllng records were not kept in respect of th6 Company as requiTed by Sectlon 386 of the 2006 the accounts do nol accord with Ihtsse recoids. or the accounts do not comply wilh the accounting requirements of Seclion 396 of the 2006 Act other than any requir8m8nl that th8 accounts give a Irue and fair viBw which is not a malleT consideTed as part of an indepgndenl examinalion; or the accounts have not been prepared in accordance with Ihe melhods and principlos of Ihe Slalemenl of Recommended Piaclice foi accounting and reporting by charilies18ppllcable lo charilles preparing their accounts in 8ccordance with the Financial Reporting Slandaid applicable in the UK and Republic of Ireland {FRS 102)). I have no concerns and have come across no other mallers in connection wSlh tho examlnalion lo which allanlion should be drawn ln this report in order lo enable a proper understanding of Ihe accounts to be reachecl. Andy Davis FCA The Institute of Chartered Accountants in England and Wales Mandar Duffill Chartered Accounlanls Th8 Old Post Office 41-43 Market Place Chipp8nham Wiltshire SN15 3HR D81e= Page 2 Bradford on Avon Boat Club statement of Flnanelal Actlvlties for the Perlod 9 Ma 2023 to 31 DecembBr 2023 Unreslricled fund Notes INCOME AND ENDOWMENTS FROM Donatlons and legacies 103,403 Investment Income Total 104.448 EXPENDITURE ON Raising fund5 10.704 Olher Total 11,904 NET INCOME 92,544 RECONCILIATION OF FUNDS Total funds brought foNaTd 537,257 TOTAL FUNDS CARRIED FORWARD 629 801 The nol68 form part of these financial slalemenls Page 3 Bradford on Avon Boat Clu alance Sheet 31 December20 Unreslricled lund Noles FIXED ASSETS Tangible 8ss818 582,208 CURRENT ASSETS Cash al bank 68.543 CREDITORS Amounls falling due wilhln one year {6,750} NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 644,001 CREDITORS Amounts falling due afler more than one year 6 {14,200) NET ASSETS 629 801 FUNDS Unreslrlcled funds 629.801 TOTAL FUNDS 629,801 The charitable company is enlilled lo exemption from audll under Seclion 477 of the Companies Acl 2006 for the period ended 31 December 2023. The members have not required the company lo obtain 8n 8udil of ils fin8nci81 slalemenls for the period ended 31 December 2023 in accordance with Section 476 of Ihe Companies Act 2006. The Irusle8s attknowledge Ihelr resporisiblliti￿ for (a) ensuring that the charltable company keeps accounting records that comply with Sections 386 and 387 of th8 Companies Act 2006 and preparing financial s181emenl$ which give a Irue and falr vlew of the slate of affairs of the charilable company as at the end of each financial year and of ils surplus or delicil for 08ch fin8n¢ial year in accordance with the requiremenls of Sections 394 and 395 and whlch olhelwse comply with the requirements of Ihe Companie5 Acl 2006 r8laling lo financial slalements, so far as applicable to the charitable comp8ny. (b} Th8 notes form part ol these financlal statements Page 4 conllntsed... Bradford on Avon Boat Clu Balance Sheet - contlnu 31 December 2023 These financial statements have been prepared In accordance with the provisions applicable lo charitable companles subject lo the small comp8nie5 regime. The financial sl lelnenls were approved by the Board of Trustees and aulhorised for issue orb and weTe signed on ils b8haif by: M Stamper- Truslee M Hubbard- Trustee The notes form part of Ihese financial slalemenls Page 5 Bradford on Av n Boat Club Notes to the Flnancl0S Statements for tho Perlod 9 Ma 2023 to 31 December2023 ACCOUNTING POLICIES Basis of preparlng the financlal statements The financial slalemenls ol the charitable Company, whlch Is a publlc benefit entity under FRS 102, have been prepared in accordance wilh the Charities SORP IFRS 102)'Accounling 8nd Reporting by Charities.. Statement of Recommended Practice applicable lo charilles prep8Ting IheSr accounts In accordance with the Financial Reporting Sland8rd applicaljle In the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191,, Fir*ancial Reportlng Standard 102 'The Financial Reporiing Standard appllcable in the UK and Republic of Ir8land' and the Companies Act 2006. The financi81 slalemenls have b88n pr8pared under the historical cost convention. Income All income is recognised In the Slalemenl of Flnancial Activities once Ihe ¢harily has enlillemenl lo the funds, il is probable Ihal Ihe income will be received and the amount ¢an be ￿e85￿[ed reliably. Expendlture Liabilities are recognised as expenditure as soon as Ihere is a legal or conslruclivo obligation commilling tha char61y lo that expenditure. il Is Probable that 8 Iransf8r of economlc benefits will be requlred in se1118menl and the amount of tha oblig01ion can be Fneasured reliably. Expenditure is 8¢counled for on an accruals basis and has been ¢lasslfled under headings that aggregate all cosl r81aled lo the category. Wharg costs cannot be dlreclly allribuled lo particular headings Ihey have been allocated lo activities on a basis consislenl with the use of resources. Taxatlon The charity Is exempl from Corporation 18x on ils charilable activities. Fund accountlng Unreslricled funds can be used in accordance wilh the charitable objeclives at the discretion of the Iruslees. R8slrictad funds can only be used for particular reslrlcled purpos6s wllhln the objects of the charity. Reslricllons arise when specified by the Oonor or when funds are ra15ed for particular r¢slri¢lgd purposes. Furthef explanallon of Ihe nature and purpose of each ftjnd Is Included In th8 iioles lo Ihe financial statements. INVESTMENT INCOME Interest receivable - Irading 1,045 TRUSTEES, REMUNERATION AND 8ENEFITS Ther8 were no Irijslees. remuneration or olh8r b8nefits for the perlod end8d 310ecember 2023. Trustees. expenses There were no trustees, expenses paid for the p6riod ended 31 D8c8mbtsr 2023. Page 6 conlinu6d... Bradford oh Avon Boat Clu Notes to the Flnanclal Statements - contlnued for the Period g Ma 2023 to 31 December 2023 TANGIBLE FIXED ASSETS Improvemenls lo property Freehcikl pyopety Pl8nl and machinery Totals COST AddSllon8 175,000 168.098 239.110 582.208 NET BOOK VALUE Al 31 December 2023 175,000 168 098 239,110 582,208 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors Accrued expenses 5,550 6,750 CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR Other loans (see note 7) 14,200 LOANS An analysls of the maturity of loans is given below.. Amounis falllng due between and fiva years: Boathouse loans- 2-5 years 14,200 OVEMENT IN FUNDS Nel movement In funds Al 31.12.23 Al 9.5.23 Unrestrlcted funds General fund 537.257 92,544 629,801 TOTAL FUNDS 537 257 92,544 629 801 Nel movement in funds, includeil In the above are as follows.. Incoming resources Resourcas 8xp6ndtsd Movemènt in funds Unrestrlcted funds General fund 104.448 {11,9041 92.544 TOTAL FUNDS 104,448 11,9041 Page 7 continued. Bradford on Avon Boa Club Notes to the Financial St tements - contlnued for th¢ Perlod 9 Ma 2023 10 31 December 2023 RELATED PARTY DISCLOSURES There were no related party transactions for Ihe period ended 31 December 2023. Page 8 Bradford on Avon Boat Club Detailed Statement of Flnanclal Actlvllles for the Period 9 Ma 2023 to 31 December2023 INCOME AND ENDOWMENTS Donatlons and legaclès Donalions Sundry Subscriptions Lessons 91,847 123 9,393 2,040 103,403 Inveslmenl Income Interest receivable- trading 1.045 Total Incomlng resources 104,448 EXPENDITURE Other trading activities Rowing expenditure C8noeing exp8ndilure 3,794 2,279 6.073 Support costs Management Ral8s and water Llghl and heal Sundries 718 1.619 1,734 4,071 Informatlon t8chnolooy Repairs and renewals 560 Governance costs Accountancy and legal fees 1.200 Tot81 resources expended 11,904 Net Income This page does not form part of ihe slalulory financial statements Page 9