Banbury and District Canoe Club
Charity Number 1206093.
Trustees Annual Report for the Period 6[th] December 2023 – 7[th] December 2024
Address Cropredy Wharf, Cropredy , OX17 1PG
Trustees
Trustees are elected by members at the Annual General Meeting. 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 trustees throughout the period to 7[th] December 2024, Will Harte, Jacqui Smith, Kirsten Suenson-Taylor and Graham Warland.
Day to day running of the club is delegated to a larger management committee of which 3 trustees are members.
Governing Document
CIO constitution dated 21[st] October 2023.
Objectives and Activities
The objects of the CIO are to promote participation in and provide facilities for the sport and recreation of canoeing in Banbury and the surrounding area, and to encourage community participation in canoeing.
The club has provided beginner courses to the both adults and children. Improver sessions were provided after the beginner courses alongside our normal training sessions to help beginners hone their skills and integrate into club sessions. A taster day was also held to encourage participation across the community, some of whom then joined later courses. The club has run training and activities at Cropredy Wharf and other places. These have been for the benefit not only of our members but also members of other clubs and for wider family groups and others. Members have raced at local, national and international sprint, marathon and wild water regattas.
The club has run coach training courses to enable the continued provision of coaching to members and the community. Coach training and development includes many junior members who are expanding their own skills and will take these skills on to university and to other clubs in later life. All coaches are also qualified by Paddle UK in water safety, first aid and safeguarding.
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 2024 to continue its services.
Reserves are held to allow for the purchase of our premises from Banbury Charities and costs associated with this purchase. This process should be completed in 2025. Reserves are held to allow for planned improvements to the club building and any necessary repairs. Funds are also in place to allow for events to be booked before the associated income is received and to allow for fluctuations in that income.
£ 75,000 is held in reserve.
No funds are held as custodian trustee on behalf of others.
Declaration.
The trustees declare that they have approved the trustee report.
Signed on behalf of the charity’s trustees
Will Harte
Trustee
31[st] December 2024
Banbury & District Canoe Club
1206093 CC16a
Receipts and payments accounts
For the period 9/1/2023 8/31/2024 To from
Section A Receipts and payments
| Section A Receipts and payments | ||||
|---|---|---|---|---|
| A1 Receipts Memberships and boat storage 12,282 Fairport 11,414 Circuits 350 Racing 2,606 Ross Warland 2,756 Coaching& Courses - Clothing& Equipment - General Fundraising 90 Donations 63 Legal Fees - 29,561 - - Sub total - Total receipts 29,561 A3 Payments Memberships and boat storage - Fairport 4,359 Circuits 940 Racing 3,058 Ross Warland 849 Coaching& Courses 1,950 Clothing& Equipment - General Fundraising 706 Donations 619 Legal Fees 2,463 BuildingCosts 9,873 RunningCosts 1,912 - Sub total 26,729 - - Sub total - Total payments 26,729 Net of receipts/(payments) 2,832 A5 Transfers between funds - A6 Cash funds last year end - Cash funds this year end 2,832 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 £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Restricted funds |
to the nearest £ Endowment funds |
Total funds to the nearest £ 12,282 11,414 350 2,606 2,756 - 90 63 - 29,561 - - - 29,561 - 4,359 940 3,058 849 1,950 706 619 2,463 9,873 1,912 - 26,729 - - - 26,729 2,832 - - 2,832 |
Last year to the nearest £ |
| - - - - - - - - - |
12,282 | 11,732 | ||
| 11,414 | 11,202 | |||
| 350 | 305 | |||
| 2,606 | 2,651 | |||
| 2,756 | 1,727 | |||
| - | - | |||
| - | ||||
| 90 | 964 | |||
| 63 | 63 | |||
| - | - | |||
| 29,561 | 28,644 | |||
| - - - |
- | |||
| - | - | |||
| - | - | |||
| - | 29,561 | 28,644 | ||
| - - - - - - - - - - |
- | - | ||
| 4,359 | 3,340 | |||
| 940 | 720 | |||
| 3,058 | 2,778 | |||
| 849 | 491 | |||
| 1,950 | 1,463 | |||
| - | ||||
| 706 | 762 | |||
| 619 | 513 | |||
| 2,463 | 5,226 | |||
| 9,873 | 3,664 | |||
| 1,912 | 1,956 | |||
| - | - | |||
| 26,729 | 20,913 | |||
| - - - |
- | |||
| - | ||||
| - | - | |||
| - | 26,729 | 20,913 | ||
| - | - - - - |
2,832 | 7,731 | |
| - | - | - | ||
| - | - | - | ||
| - | 2,832 | 7,731 |
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 Signed by one or two trustees on behalf of all the trustees |
Details Coop Account Llyods Account Paypal Details Details Details Club building Boats & equipment Details Signature Graham Warland Kirsten Suenson-Taylor Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ 77,449 - 24 - 69 - 77,542 - Agreement Error OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) Unrestricted funds - Unrestricted funs - - - - - - - - - - - - - Print Name Graham Warland Kirsten Suenson-Taylor Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional) |
to nearest £ Endowment funds |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| to nearest £ Endowment funds |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| 95,883 | |||
| 11,370 | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| Graham Warland | Graham Warland | 2/11/2025 | |
| Kirsten Suenson-Taylor | Kirsten Suenson-Taylor | 2/11/2025 |
Auditor’s report
The financial statements of Banbury and District Canoe club (the 'charity') have been audited for the year ended 31 August 2024.
The financial statements:
-
give a true and fair view of the state of the charity's affairs as at August 2024 and of its incoming resources and application of resources, for the year then ended;
-
have been prepared in accordance with the requirements of the Charities Act 2011.
The trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work performed, no material uncertainties have been identified relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.