## **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.