Charity registration nwnlKr. 303251
POPLAIL BLACKWALL & DISTRICT ROWING CLUB
FINANCIAL sfATEMENrs
FOR THE YEAR ENDED 31 DECEMBER 2024

POPW BLACKWALL & DISTRICT ROWING CLUB
CONTENrs
Charity infornmtion
24
Rel￿ of the TnLStees
Inde￿ndent Examinff's re￿rt
Ststement of financial activities
Balance Sheet
8-14
Notes to the

Page I
POPLAII BIACKWALL & DISTIUCT ROWING CLUB
CHARITY INFORMATION
Trustees..
B Gliniecki- Captain
N Evans- Vi¢e Captsin
R Chaslell - Treasurer
ANewland-S
M Gesmann- Assistant Secretary
N Paul - H&S/ Welfare
E Benson
I Sampson
C Parker
Operations adthEss:
The Boathouse
Feny Street
Cubitt Town
LoThlon E14 3DT
Bankers:
Lloyds Bank PLC
Harlx>ur Island
Chelmsford Legg St OSC
l Legg Street
Essex. CMI IJS
tndependent Examiner:
Simpson Wr¢ford LLP
Welle51ey House
Duke of Wellington Avenue
Royal Arsen81
London
SE18 6SS

Page 2
POPLAK BLACKWALL & DISTRICT ROWING CLUB
REPORT OF THE TRusfEES
FOR THE YEAR ENDED 31 DECEMBER 2024
The TnK8tees pres¢nt their annua] rewyrt and flljancial ststsments for the year ended 31 DecemEer 2024.
The financial statements have ￿￿en PTepar&l in accordance with the accounting policies set out in note l of
th¢ ￿COUntS comply with th¢ CharihT'S Trust Dee￿ the Chariiies Act 2011 and "Ac¢ounting and
Re]x)rting by Charities.. Statement of Recommended Practice applicable to charities preparing their
a¢¢ounts in accordance with the FinanciaI Reporting Standard applicable in the UK and Republic of Ireland
(FRS102)" (effective l January 2019).
ORJECTIVES AND ACTIVITIES
Helping and educating the young people of the beneficial area through their l¢isure-time activities, in
particular by way of rowing, scullin& boating and other similar activities and also by wa) of gymnastic
activities. This is to develop their physical and mental capacity, so that they grow to fvll maturity as
individuals memkn of society and that their conditions of life may ix improvejj.
The Charity h&8 compli¢d with section 17(5) of the Charities Act 2011 having due regth of the publi¢
benefit guidan¢¢ published by the Commission.
ACHIEVEMEIYTS AND PERFORTr14NCE
The Charity's iÉkcom¢ increased from £121.616 in 2023 to £127296 in 2024. The costs increased from
£94.259 in 2023 to £112,￿￿ in 2024.
The charity ￿ntinueS to meet its main objectives of providing leisure activities - in particular sculling and
rowing- to lo¢a] people. Club membership has now reached around 120 and accommodates everyone
from retirees to teenagers. The club runs training sessioT]S ill the Monday - Thursday and water-
based sessions on Saturday and Sunday mornings every week in which all members can participafr. The
¢lub ran a learn-to-row course aimed at local ￿Ople l(x)king to ifflprove their health and fitness. The club
invested in repair and maintenallce of equipment relat￿ to its aims. and in the purchasing of new
equipment. The ¢lub continues to provide a pathway for those wanting to develop their S￿rt to a higher
level by facilitating training and racing throughout the )'ear all over the county. In 2024 the club
organised three races open for local. regional, and nationai crew5 to participat4 with a particularly high
participation rate from s¢hools. The club continues to provide a social environment for members and the
local community with severdl organised and widely publicised eV￿ts throughout the year.
The Club remain￿ successful in and out of the water.
FINANCIAL REVIEW
The financial posttion is detailed in the attached a¢counts. The Statement of Financial Activities shows &
surplus for th¢ year of £16,560 (2023 surplus- £27,357). The Club has seen increase in income this
year. With total income of £129.466 compared to £121.616 in 2023. However costs have also increased
from £94259 last year to £112,906 this year. The Club remains in a strong financial position with net
&8sets of £347.402 (2023 - £330,842). of which £289,￿23 (2023 - £286,499) is unrestricfrd and £57,779
(2023 - £44,343) is a designated fi￿￿.
STRUCTURE GOVERNANCE AND MANAGEMENr
The pr&8ent Club was e5tsblished under a trust deed dated 14 March 1966 and is entered in the Register of
Charities as ￿giStered charity number 303251. It is an unin￿rpO￿ld charity.

Page 3
POPLAK BLACKWALL & DISTRICT ROWING CLUB
REPORT OF THE TRusfEES
(ColltiDuwJ)
FOR THE YEAR ENDED 31 DECEMBER 2024
The Club's origins Gqn be trac¢d back &8 far &s 1845.
Th¢ Trustee5 who served during the year and up to the date of si* of the fjnaocial stst¢ments were..
B Gliniecki- Captain- appointed 17 March 2024
D Bartlett- Caoain- resigned 17 March 2024
N Evans- Vice Captaiii- appointed 17 March 2024
H Joynes- Vice Captain- resigned 17 m￿￿h 2024
R Chastell - Treasurer
A Newland- Secretary
B Gliniecki- AssTStant Se¢r¢t3ry- r4signed 17 Matrh 2024
M G¢smann- Assis¢ani Se¢retary- appointed 17 Ma￿h 2024
N Paul - H&SI Welfare
C Parker
I Sampson
E Benson- appointed 17 March 2024
N Evans- resigned 17 MaTth 2024
TRUSTEE APPOINTMENT AND INTRODUCTION
The Trnstees of th¢ Charity very ra￿lY change. Any chang&s are authorised by all of the cumt TnLStees
whts together etwjre that traillit￿ is satisfactory.
RISK ASSESSMENT
The Trustees have conducted a review of the major risks to which the Charity Rs exposed There A￿ no
particular financial risks to the Charity. The key area of operdtional risk to the continuing and orderly
provisson of their setvic¢s exists in the assurance of safety and security to members. The TTh￿teeS believe
that appropriate provision is made in this regard.
INVESTMENT POLICY
Surp1￿ funds are being held on deposit to enable the Charity to meet its operntional obliwdtions &s they fall
due. The Trustees ensure that the Charity r￿elVeS satisfactory interest on deposits.
RESERVES POLICY
The Trustees aim to ensure unrestricted incoming resourtts are maintsined at an adequate level to
cover direct charitable expendtttw¢ and to generate a surplus sufficient to provide for capital expenditutE.
The current reserve ba]ance for unrestricted funds is at £289.623 (2023 - £286.499). and capital fund
balan¢¢ stands at £57,779 (2023 - £44,343}.
PLANS FOR FirruRE PEIUODS
The Trustees are keen to ensure ongoing improvement of the Club's financial and sporting results through
continusj development and investment.

Page 4
POPLAIL BLACKWALL & DISTRICT ROWING CLUB
REPORT OF THE TRUSTEES
(Continu￿}
FOR THE YEAR ENDED 31 DECEMBER 2024
TRUSTEES RESPONSIBIUTIES
The Trustees are reswnsible forpreparing the TnLStees' Report and f￿anCIal sL*ments in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Acceptoj
Accounting Practi¢e).
The law applicable to chariti&s in England and Wales requires the tsitstees to prepare financial statements
for each financial year wbich give a ITue and fair view of the state of affairs of the charity and of the
incoming resources and application of resources of the charity for that y¢ar. In Preparing those financial
statements. the tNst¢es are required to:
sele¢t suitable accounting FK)lici¢s and then apply them consistently*
observe the methods and principl&8 ID the Charities SORP.
make judgements aTrJ estimat¢s that are r¢asonable and pwden
stste whether appllcable UK accounting standards have been followe& Subje￿ to any
materiat depart￿ disclos￿ and explained ID the financial statements: and
prepare the finan¢ial statements on the going ¢oncern èAsis unless it is inappropriate to
presume that th¢ ¢hallty will continue in op¢ratiotL
The TnLSte¢s are reS￿r¢s1b]e for keeping adequale accounting records, which disclose with reasonable
accuracy at any time. the financial position of the charity and which enabl¢ them to ensutE that the financial
statements ￿￿p]Y with the Charities Aa 2011, the Clwities (AC￿Vrtts and Reports) Regulations 2(Ml8.
and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity
and tsking reasonable steps for the prevention and detection of fraud and other irregularities.
APPROVAL
This report was approved by the Trustees on
Roger Cha5tell
Ttwtee

Page 5
POPLAK BLACKWALL & DISTRICT ROWING CLUB
INDEPELYDENf EXAMINER?S REPORT
TO THE TRUSTEES OF POPW BIACKWALL & DISTRICT ROWING CLUB
I re￿rt to the tr￿teeS on my examination of the accounts of Poplar. Blackwall & District Rowing Club
(the Charity) for the year ended 31 December 2024. which are set out on pages 6 to 14.
Ruponsibullles andbasts ofreport
As the trustees of the charity you are res￿nsIble forthe preparation of the accounts in a¢cordanc¢ with the
requirements of the Ckniti¢s A¢t 2011.
I report in resFct of my examinalion of ihe charity's financia] statements carried out under g¢¢tion 145 of
the Charities Act 2011. In wrying out my examination I have folloi¥ed ail the applicable Directions given
by the Charity Commission under section 145{5Xb) of the Charities Act 2011.
Independenl ￿￿rnIner sstatement
I have compleled my examinalion. I Confinn that no material matter5 have come to my attention in
co[u)￿tiOn with the examination giving me cause to believe that in any material respect:
(l ) accounting records were not kept in resw of the charity as required by s¢ction 130 of the Charities
Ath 2011.
(2) the fllwicial statements do not accord with those rea)rds" or
(3) the financial statements do not comply with the applicable requirements concerning the forn) and
content of financial ￿atements set out in the Charities {A¢counts and Rewrts) RegUl￿lOnS 2￿8 other
than any r¢quir¢m¢ni thal the accounts giv¢ a ,tn￿ and fair vAew' which is not a tnatter consid¢r¢d &8
part of an independent examination.
I have no concerns and have come across no other matters in conneclion with the examination to which
attention should be drawn in this reFrf>rt in order to enable a PTOFtr ￿dersthnding of the accounts to
reached.
H Price ACA
ICAEW
For and on behalf of Simpson Wrefonl LLP. Cbartered ActouDtaDts
Wellesley House
Duke of Wellington Avenue
Royal At3ena]
London SEI 8 6SS
Dated: B 3vl 101£

Page 6
POPLAK BLACKWALL & DtSTRicf ROWING CLUB
srATEMENf OF FINANCIAL ACTtvrriES
(INCLUDING INCOME AND EXPEI¥DITURE ACCOUND
FOR THE YEAR ENDED 31 DECEMBER 2024
Notts
De5igll*ted
Capital
Fnllds
Totsl
2024
Total
2023
Fulld5
Income
DonaiwTr5 and ky¢s
Charitabk activit
Other trad￿8 artivitK5
Invcstmcnts
3.120
94,358
5.170
3.597
23,221
26.341
94,358
5.170
3,597
30.601
81.585
5,345
4,085
106245
23221
129.466
121,616
ExpenditTAre on:
Charitable &tivi1￿9
103.121
9.785
112.906
94.259
Totsl expendith
103.121
9.785
112.906
94.259
m•veThent ID httd$
3,124
13,436
16.560
27,357
R¢￿￿¢1[1*110n of fwidJ:
Fund bakn¢e$ at l January 2024
286,499
44,343
330,842
303.485
FuDd b*knre5 It 31 D*e￿ber2024
289,623
57,779
347,402
330,842
Th¢ statement of f￿ancial ￿1Vi￿ iDcbkn all ￿11$ And kn5s¢s Ye{x)￿￿ed in th¢ y￿. AM iwme and exr£Thli
derive from Contillu￿ athil*S.

Page 7
POPLAK BLACKWALL & DISTIUCT ROWING CLUB
BALANCE SHEET AT 31 DECEMBER 2024
Notes
2024
2023
Fl%¢d assets
139.046
146,161
Current 8S5ets
St￿k
Debtors
Cash at ban
450
2,403
207.843
450
358
186.153
210.696
186.961
Ltsbilities:
Creditors falling due withui one year
10
2.340
(2,280
Net currell¢ 49sets
208.356
184.681
Net 8&8ets
347,402
330,842
The funds oftbe charity:
Unrestricted funds
DeSi￿ted capital funds
289.623
57,779
286,499
44,343
347.402
330,842
The notes at pages 8 to 14 forni part of these aw)unts.
Approved by the Twste¢s on
and Sign￿ on their t￿h￿rbY."
B GliDiecki- Captain
N Evans- Vice Captsin
Charity Number: 303251

Page 8
POPLW BLACKWALL & DISTRI￿ ROWING CLUB
NOTES TO THE ACCOUNfS
FOR THE YEAR ENDED 31 DECEMBER 2024
AccouNfING POLICIES
Cbarity information
Poplar, Blackwall & District Rowing Club is an unincorFx)rd*d Charity registered with the Chartty
Com[ni￿lon in Engtand and Wates. The 0￿ratIOnal address is The Boathouse, Ferry StreeL Cubitt
Town, London E14 3DT.
1.] Accounting convention
The financia] statements have been prepar￿] in accordance with the Charity's T￿￿t Deed the
Charities Act 2011 and "Accounting and Reporting by Clwities.. Ststement of Recommended
Practice applicable to charities preparing their accounts in a¢¢ordance wtth the Financial Rewrting
Standard applicable in the UK and Republic of Ireland (FRS 102)- (eff￿tive l January 2019). The
charity co￿￿11tutcS a Public Benefit Entity as defined by FRS 102.
The C])arity has taken advantage of the provisions in the SORP for charlties ￿plYIng FRS 102
Updated Bulletin I not to prepare a Statement of Cash Flows.
The a¢¢ounts are pre￿ in sterlin& which is the functional cutyency of the ¢harity. Monetary
amounts in th￿e fjnallcial statements are rounded to the nearest £
The financial statements have IKen prepared under the histori¢ ¢ost Conventio￿ modified to include
the revaluation of freehold properttes and to include certain financial instruments at fair value. The
principl¢ a¢counting polici¢s adopted are set below.
1.2 Golng concern
At the tim¢ of approving the fina￿Ial 5tatement% the trustees have a reasonable expectation that the
Charity has adequate resources to continue in 01x￿lOnal exist¢nce ftir the foreseeable future. Thus
the trustees ¢ontinue ￿ adopt th¢ going concern basis of accounting in preparing the financia]
ststements.
1.3 Cb8ri¢*ble funds
Unrestiicted funds are available for use at the dts¢retion of the tnLStees in fUrthera￿e of their
charitable objeciives. Untrstricted funds include donations and other incoming resources receivable
or generated for the objects of the clwity without further S￿lfi￿ purFOSe.
Designated capital funds are unrestricted funds earn?arked by the Management Committee for capital
PUTFM)ses. Expenditure which m¢ets thesecriteria is Charged to th¢ fun& togetherwith a fairallocation
of depreciation.
1.4 Income recognition
All income is recognised once the charity has entidement to the incorne. it is probable th¢ In￿Me
will ix ￿ceiVed and the amount of income receivable can be Measur￿ reliably.
Voluntary income is r￿e1ved by way of thnations and gtfL8 and 1$ included in full in the Statement

Page 9
POPLAtL BLACKWALL & DJSTIUCT ROWING CLUB
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
of Financial Activities. when Teceivable. at market valu& The value of services provided by
Volunteers has not been included.
1.5 Irrecoverable VAT
Irrecoverable VAT is charged against the expenditure heading for which it w&s incwred.
1.6 Expenditure re¢ognitio
Liabilities are recognised as eX￿ndItUre as s(M)n as there is a legaj or constru¢tive obligation
committing the charity to that expenditure. it is probable that settlement will be required and the
amount of the obligation can be measured reliably.
Charitable actÉvities costs include the direct cost of PToviding servi(Y5. as well as a share of
overheads.
Depreciation on capital items is charged to the appropriate capital fund.
1.7 Tangible fixed a&sets
Tangible fixed assets are initially me&sureJ at CQ5t and subsquently me&8ured at cost or valuatio
nel of d¢pre¢iation and any impairment losses.
It is the PXpli¢y of the Club to provide depreciation at the following annual rates in ord¢r to write off
each &sset over its estimated use￿1 economic life:
Motor vehicla
Boats & equipment
Fixtures & flttings
25OA on net ly)ok value
I￿/0 on net Ix)ok value
IOYO on net FM)ok value
The Trustees have decided to not dep￿ciate the freehold property &s they believe the residual Value
and estimated useful life would mak¢ any d¢preciation immatrrial.
1.8 Stock
Stock is measured at the lower of cost or net I￿]Sable value.
1.9 Cash alld cash equivalents
Cash and cash equivalents inclLEde cash in harf depx)sits held at call with banks. other short-terni
liquid investments with original maturiti&8 of three months or less. and bank overdrafts. Bank
overdrafts are shown within borrowin￿ in current liabilities.
1.10 Debtors
Trade and other debtot3 r￿ognISed at the settlement amount du¢. Prepayments are valu¢d at the
amount pretAid.
1.1 I Creditors and provisioDS
Creditors and provisiorL8 are recogni5ed where the Charity has a present obligation resulting from a
p&st event that will Probably result in the transfer of fimds to a third party. and the amount due to
settle the obligatiOD can be measured or estimated reliably. Cr¢diiOTS and provisions are nornialty
rewgnised at their settlement amount after allowing for any ttade discounts due.

Pag¢ 10
POPLAK BLACKWALL & DISTRICT ROWING CLUB
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2. CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS
In the application of the charity's accounting policies, the tnL£te¢s are required to tnake judgemen
estimales and &ssumpliorks aboutthe canying amountofassets and liabilities that are notreadily apparent
from other sources. The estimates and ￿0Clated assumptiorLS are b&8ed on historical experience and
other factors are considered to relevant. A¢tual results may differ from these estimates.
The estiM￿e$ and underlying assumptions are reviewed on an ongoing FAsis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only
that perio¢ or in the period of the revision and firture perii)d8 whert the revision affects both cu]Tent
aDd future periods.
INCOME FROM DONATIONS AND LEGACIES
Unrestricted
Designited Un￿￿￿eted Desig#*ted
runds ¢apIt￿ funds
funds ￿pA￿l ￿ndS
2024
2024
2024
2023
DonatX¥n5 and SFX)nsorship
3.120
23.221
21,555
9,046
INCOME FROM CHARrrABLE ACTtVlTIES
UnrEstriet¢d Unrtstiieted
nds
2024
2023
Cbthing
Regetta
Racktng
Subs¢rtptKbns
So¢iai events
Profrt on disp of fLxed &￿ets
Sundry income
34.194
4.730
46,429
4,478
2.170
1.510
24,976
4,480
50.729
94.358
81.585

Page 11
POPLAK BLACKWALL & DISTrICT ROWING CLUB
Y40TES TO THE AccouNrs
FOR TIIE YEAR ENDED 31 DECEMBER 2024
INCOME FROM OTHER TRADING AcrIvrriES
U￿￿51￿Cle￿
rullds
2023
funds
2024
Crown Ch￿ k)ttery
5.170
5.345
INCOME FROM INVESTMEiYrs
Un￿striCted Unre5ttlcted
funds
funds
2024
2023
Int¢Test ￿e1Ved
3.597
4.085
DIRECT CHAR￿ABLE EXPENDTllJRE
2024
2023
Clothing
Depreciation
Insurance
Licences, subscriptions and affiliation fees
LighL heat and water
Motor expenses
Rates
Rent
Repairs and maintenance
1,694
9.785
15.268
2.709
9.559
296
825
1.326
4.368
41,876
2.400
225
10,785
15.538
3,465
17,895
1.187
10,241
16,377
2.280
221
boats and ¢quipment
premises
Accountancy
Telephone
Social events
Regetta ¢osts
Sundry expenses
Support costs
3,219
18,446
12,061

Pag¢ 12
POPLA￿ BLACKWALL & DISTRICT ROWING CLUB
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
FIXED ASSETS
Freehold
Property
Motor
Boats &
Vebicles Eqmipmellt
res & Total
Fittill
Cost
At l January 2024
Additions
Disposals
57.951
293,09)
33,691
395.232
3,0(Kl
At 31 Decemb¢r 2024
Depreciation
At l January 2024
Clwge for the year
DistM)sals
6,071
1,107
214.415
8.167
28,585
511
249,071
9,785
At 31 Decernber 2024
Net book value
At 31 D¢¢¢mber 2024
At 31 December 2023
DEBTORS
2024
2023
Prepatd expenses

Page 13
POPW BLACKWALL & DISTRI￿ ROWING CLUB
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
io.
CREDITORS Anbounts falling due within olle year
2024
2023
Accrued expens&8
11. DESIGNATED CAPITAL FUNDS
2024
2023
Income
Donations athl grants
23,221
Direct Charitsble EipeDditure
D¢pre¢tation
Net Movement in Funds
DO￿￿ted Fixed A&set and Grnllts t0￿rdS Pllreb￿ of Fixed Assets
2024
2023
As at 1st January 2024
Received during the year
219.035
209,989
As at 31st December 2024
Depre¢i*tion
As at 1st January 2024
Deprecation for year
174.692
163,907
As at 3 1st December 2024
Funds Empknyed
Designated funds have been assigned by the to pu￿h￿ fixed assets. Additional details
are included in the Trustee re￿rt.

Page 14
POPLAK BLACKWALL & DISTrtCT ROWING CLUB
NOTES TO THE AccoiiNrs
FOR THE YEAR ENDED 31 DECEMBER 2024
12. TAXATION
The charity is exempt from ￿rpOratiOn t&x as all of tts income is ¢hAritsble and is appli￿ for
charitable purp)ses.
13. TRUSTEES
None of the tTUStee8 (or any perso￿8 cOnn￿d with them) r￿1Ved any remunelation or benefits
from the charity during the year.
E4. EMPLOYEES
Th¢ avernge monthly number of employees durlng the year was rril (2023 - nil).
15. NET MOVEMEIYT IN FUNDS
The net movement in fi￿d5 is stated after ¢harginW(crediting}:
2024
2023
Fees payabl¢ for the independ¢nt exami￿On of the charity's
Flnancial statements
16. RELATED PARTY TRANSACTIONS
During the year nine trnstees h*Jtheir extthses met by the charity. The trustees were reimbursed for
motor expensesy repait3 and mmintetwice, R¢getta costs and sundry expenses paid on beha]f of the
charity. The totsl amount reimbutsed w&8 £8.612. There were no disclosable related paty
transactions in 2023.