OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-12-31-accounts

BOSCASTLE & CRACKINGTON (BCGC) GIG CLUB CIO

Charity no. 1203094

Chairs’ report and annual accounts

1 JAN 2024 – 31 DEC 2024

Club structure

The name of the Charitable Incorporated Organisation (“the CIO”) is Boscastle and Crackington Gig Club CIO

The charity trustees manage the affairs of the CIO and may for that purpose exercise all the powers of the CIO on behalf of its membership and other donation suppliers. The CIO operates under the principle ‘to support amateur sport in the community’ and operates this generally across the geographic area of Boscastle and Crackington Haven. The Trustee positions are all carried out by volunteers who devote a large amount of their club time to this role. The club represents a mix of age and ability to meet our objective of healthy recreation in the community. We are aware that the mix is not currently ideally balanced and so measures are in place to actively seek and increase younger members including involvement for junior (under 16) membership and the 16 to 25 age group. During this reporting extensive progress has been made to build our junior section with membership increasing to capability of two junior crews, this has predominantly been led by our Junior lead trustee and his supporting team. The 16-25 age category is also showing signs of development particularly amongst beginner groups joining towards the end of this year.

Names of the Charity Trustees who Manage the Charity Trustee and Office (if any )

Liz Northcott (welfare officer)

Names & Addresses of finance account advisors

Bank: TSB 1 Belle Vue, Bude Cornwall EX23 8JJ

Description of the Charity's Trusts Type of Governing Document: Constitution How the Charity is Constituted:

Boscastle & Crackington Gig Club is a Charitable Incorporated Organisation, with an adopted constitution agreed by its members. The club’s constitution is based on Charity Commission adapted templates.

Charitable Incorporated Organisation Trustee Selection Methods: Board members are selected through election via secret ballot at the club’s Annual General Meeting, or otherwise when vacancies arise. Club members are eligible to vote.

Charity Commission Guidance is followed in onboarding and briefing new trustees..

Statutory Declaration

The trustees declare that they have complied with their duty to have due regard to the guidance on public benefit published by the commission in exercising their powers or duties.

Aims and sustainability

The Trustee work includes reviewing and managing governance, safety, welfare, training provision, providing rowing for all members of the club, appropriate insurance levels, provision of a web site, email and other app based communications and regular meeting groups. The Trustees are working on developing structure and procedures to maintain and improve governance and management of the CIO enabling them to focus more on the objectives of the charity whilst maintaining compliance to our constitution. The club continues to source fundraising opportunities to support more community inclusion through amateur sport with the current priority being the purchase of a new boat and ancillary equipment.

Risk

The club risk-assesses all club activities and events under the guidance of our Safety Officer.

There have been no reported accidents during this reported period.

Competition

The club competed successfully in many events throughout the year as well as hosting our own winter league programme of ‘winter league’ competitions at Roadford lake.

Other events that the club has participated in during 2023 have included:

Training

Our 10+ crews are very active on the water, with most training twice per week which consist of a multifunction input from a variety of coaches and crew captains. Some members have completed extra external provision including CPGA coxing awareness, umpire training, safeguarding and first aid. In addition to this our club safety officer continues to design and deliver a multi layered coxes development programme which focuses on risk management, boat handling, sea coxing and race coxing. This training and development has not yet been implemented so we continue to utilise our current trained cadre of coxswains

Resources

The club continues to ensure it maintains its facilities and equipment to ensure safe and effective use. The club has an Assets Manager Trustee lead who coordinates a maintenance team.

Accounts

In this reporting year BCGC have been successful through a crowdfunder bid to match fund a ‘Sport England’ donation totalling £10000. These funds will be used to purchase a new GPG boat which will give us the ability to increase our ability to attract more members and underline our principle aim of sport in the community. This is the principle cause of the rise in our cash balance over the year and will be spent in early 2025 as the new GRP gig is procured.

Boscastle & Crackington Pilot Gig Club. Accounts 2024

Income and Expenditure 2024 £
£		 Assets - Insured Value
Torrent – 2020 32ft Wooden Gig
Pentargon – 2006 32ft Wooden Gig
Rival - 1989 32ft Wooden Gig
Jan Rogers - 32ft GRP Gig
Porthkragen – 2014 32ft GRP Gig
Pasty 2010 32ft GRP Gig
Chapman Machinery Gig Road Trailer
2x Gig Road Trailers
3 Sets of Gig Oars
2x Boat Covers
2x Radios
Cash in Bank (not insured)
Total Assets		 23,400.00
21,000.00
2,000.00
10,000.00
9,000.00
5,000.00
3,000.00
7,100.00
7,200.00
1,600.00
300.00
Opening Cash 9,546.18
Income - Donations and Fundraising - Unrestricted
Income - Restricted
Income - Endowments
Income - Other - Unrestricted
Clothing/Kit- sold to member
Membership Fees
Race Fees from members for regattas inc the Scillies
Regatta race fees from Roadford Regatta's
Revenue from Roadford Regatta not race fee
Social event income from members
Total Income
Expenses
Clothing/kit purchased for resale
Cost of Goods Sold at Boscaslte Regattas
Cost of goods sold at Roadford Reggattas
CPGA membership fee
General Expenses
Insurance
IT Software and Consumables
Lake/Harbour fee's
Race entry fees paid to other clubs
Rent of Gig Shed
Repairs & Maintenance
Social event cost
Travel expenses - Towing etc
Total Expenses
Asset Purchases
New Junior Oars
Junior Lifejackets
Craig Basher-Regatta Trolleys
Finance - Final loan repayment paid to Boscastle CC
Net Gain		 6,841.87
-
-
6,841.87
2,207.30
11,810.00
2,960.10
740.00
5,831.72
1,355.00
24,904.12
89,600.00
16,458.29
106,058.29
31,745.99
2,571.60
220.30
3,758.96
405.00
365.00
1,938.88
458.97
1,095.60
1,211.00
1,200.00
4,511.37
1,516.95
1,401.20
20,654.83
Accounts have been prepared on a Reciepts and Payments Basis
There are no further liabilities other than that paid in the period..
20,654.83
1,650.00
929.05
600.00
3,179.05
3,179.05
1,000.00
1,000.00
1,000.00
6,912.11
Closing Cash 16,458.29

----- Start of picture text -----
Restricted Funding Account
C/f from 2023 Accounts £ Project Spent 2024 £ C/F 2025
Co-Op 1,383.32 Junior Kit Oars - 1,383.32 - During 2024 1650 has been spent on a new
Saputo 400.00 New Gig - 400.00 set of oars for the junior crews. This is a 50%
deposit. The balance of the cost was met
from unrestricted income.
Total Restricted B/F 2024 1,783.32 - 1,383.32 400.00
----- End of picture text -----

Accounts Signed: M Norman ( Strategic Trustee)

  1. Activities outside of the United Kingdom None

  2. Trading Subsidiaries None

3. Charity Address

8 Menors Place Holsworthy EX22 6GA

  1. Structure and Membership

Not part of a wider group All members entitled to vote

  1. Employees and Volunteers None

  2. Safeguarding and Risk We do have junior rowers DBS Checks obtained No serious incidents

Signed Paul Cook Chair of Trustees From February 2024

Boscastle & Crackington Pilot Gig Club.
Accounts 2024		 Boscastle & Crackington Pilot Gig Club.
Accounts 2024		 Boscastle & Crackington Pilot Gig Club.
Accounts 2024		 Boscastle & Crackington Pilot Gig Club.
Accounts 2024		 Boscastle & Crackington Pilot Gig Club.
Accounts 2024		 Boscastle & Crackington Pilot Gig Club.
Accounts 2024		 Boscastle & Crackington Pilot Gig Club.
Accounts 2024
£
£
9,546.18
6,841.87
-
-
6,841.87
2,207.30
11,810.00
2,960.10
740.00
5,831.72
1,355.00
24,904.12
31,745.99
2,571.60
220.30
3,758.96
405.00
365.00
1,938.88
458.97
1,095.60
1,211.00
1,200.00
4,511.37
1,516.95
1,401.20
20,654.83
20,654.83
1,650.00
929.05
600.00
3,179.05
3,179.05
1,000.00
1,000.00
1,000.00
6,912.11
16,458.29
Income and Expenditure 2024 £
£		 Assets - Insured Value
Torrent – 2020 32ft Wooden Gig
Pentargon – 2006 32ft Wooden Gig
Rival - 1989 32ft Wooden Gig
Jan Rogers - 32ft GRP Gig
Porthkragen – 2014 32ft GRP Gig
Pasty 2010 32ft GRP Gig
Chapman Machinery Gig Road Trailer
2x Gig Road Trailers
3 Sets of Gig Oars
2x Boat Covers
2x Radios
Cash in Bank (not insured)
Total Assets		 23,400.00
21,000.00
2,000.00
10,000.00
9,000.00
5,000.00
3,000.00
7,100.00
7,200.00
1,600.00
300.00
Opening Cash 9,546.18
Income - Donations and Fundraising - Unrestricted
Income - Restricted
Income - Endowments
Income - Other - Unrestricted
Clothing/Kit- sold to member
Membership Fees
Race Fees from members for regattas inc the Scillies
Regatta race fees from Roadford Regatta's
Revenue from Roadford Regatta not race fee
Social event income from members
Total Income
Expenses
Clothing/kit purchased for resale
Cost of Goods Sold at Boscaslte Regattas
Cost of goods sold at Roadford Reggattas
CPGA membership fee
General Expenses
Insurance
IT Software and Consumables
Lake/Harbour fee's
Race entry fees paid to other clubs
Rent of Gig Shed
Repairs & Maintenance
Social event cost
Travel expenses - Towing etc
Total Expenses
Asset Purchases
New Junior Oars
Junior Lifejackets
Craig Basher-Regatta Trolleys
Finance - Final loan repayment paid to Boscastle CC
Net Gain		 6,841.87
-
-
6,841.87
2,207.30
11,810.00
2,960.10
740.00
5,831.72
1,355.00
24,904.12
89,600.00
16,458.29
106,058.29
31,745.99
2,571.60
220.30
3,758.96
405.00
365.00
1,938.88
458.97
1,095.60
1,211.00
1,200.00
4,511.37
1,516.95
1,401.20
20,654.83
Accounts have been prepared on a Reciepts and Payments Basis
There are no further liabilities other than that paid in the period..
2024 1650 has been spent on a new
oars for the junior crews. This is a 50%
it. The balance of the cost was met
nrestricted income.
20,654.83
1,650.00
929.05
600.00
3,179.05
3,179.05
1,000.00
1,000.00
1,000.00
6,912.11
Closing Cash 16,458.29
Restricted Funding Account £
Project
1,383.32
Junior Kit
400.00
New Gig
1,783.32		 £
1,383.32
-
-
1,383.32
-		 C/F 2025
-
400.00
400.00
During
set of
depos
from u		 2024 1650 has been spent on a new
oars for the junior crews. This is a 50%
it. The balance of the cost was met
nrestricted income.
C/f from 2023 Accounts
Co-Op
Saputo
Total Restricted B/F 2024		 £
Project
1,383.32
Junior Kit
400.00
New Gig
1,783.32		 Spe
Oar		 nt 2024
s		 £
1,383.32
-
-		 C/F 2025
-
400.00
1,383.32
-		 400.00

Independent examlner's report to the trustees of Boscastle & Cracklnyon Glg Club CIO. Reglstered Charlty Number: 1203094 I report to the trustees on my ex8min8tlon of the accounts olthe Boscastie & Cr8ckington Gig Club CIO Ithe Charity) tor the year 8rKl8d 31 December 2024. There Is no reqU1￿ment for an audit belng the Income Is under Q50,000. Th8 Accounts I￿re prepared on a R8C8iPtS and P8yment8 B8818. Responslbllltles arKI basls of report: As the chgrity tru8lees of the Charity you are re8ponsible forthe prep8r8tion of the accounts in 8ccord8nc8 wtth the requirements of the Charities Act 2011 {'the Act'l. I report In respect ol my examinatlon of the Charities 8ccounts carri8d OLrt under section 145 of the 2011 Act and in C8rryin8 Out my ex8mination I have follow8d allthe applicable Directions gNen by the Charity Commlsslon under sectlon 145{5llbl of the Act. Independent 8xarnlner's 8t8t8m8nt: I have completed my examination. I confirm th8t no materlal matters have come to my attentlon In connection vlth the ex8mln8tlon 8Mng me c8u88 to belleve that In 8ny materlal r88pect: 1. 8ccounting records were not kept In respect of the Tru8t 88 required by $8Ctlon 130 of the Act; or 2. the accounts do accord wfth th088 records. I have no concerns and have come across no other matters In connection vthth the examination to which attention Should be drawn in thi8 roport in order to 8nabLe 8 proper under8t8nding of the accounts to be reached. signed,. Name: Steve Smith Contact: sA￿0G&S£s @ Ic￿￿0 . iom . Date: 23