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2021-12-31-accounts

NATIONAL SCHOOLS’ REGATTA

Annual Report 2021

The Committee decided to run the 75th National Schools’ Regatta with a greatly reduced number of events, mainly the J17 and J18 age groups, being their last years at school and having missed out in 2020.

There were no spectators allowed in to watch which meant revenue was severely down causing the Regatta to run at a loss. However, the Regatta was still able to make grants totalling £400 to clubs helping them with their projects for Juniors.

Races ran with a longer time interval to ensure minimum contact in the boating area and many other safeguards were in place in recognition of the government advice regarding Covid-19 measures.

The weather was good as were the racing conditions and athletes and coaches were very pleased to be back competing after missing out in 2020.

G W Hammond Chairman

Founder: Desmond Hill, OBE Registered Charity No. 801658

NATIONAL SCHOOLS' REGATTA Accounts to year-ended 31 Dec 2021

Charity no. 801658

2021 REGATTA ACCOUNT
Income
Entry Fees 39,340.00
Marquees 15,726.33
Merchandising/University Area 544.50
Programme Advertising 0.00
Programme Sales 0.00
Car Parking (net) 0.00
Sponsorship 1,000.00
Donations & Misc income 6,294.42
Total Income 62,905.25
Expenditure
Venue costs 53,474.90
Equipment hire 8,106.83
Equipment etc purchases 237.14
Accommodation 9,976.80
Programme Publishing 0.00
TV/Commentary/Tech Links 20,850.00
Online fees 729.58
Medals, Engraving & Storage 3,596.82
Regatta Catering 1,011.28 2021 GENERAL ACCOUNT
DofE Team Donation 1,000.00 Balance brought forward 179,000.80
Lifeguards Costs & Donation 4,500.00 Bank Interest 82.61
Medical costs 3,447.00 Regatta Surplus(Deficit) -46,125.10
Miscellaneous 2,100.00 Trading Surplus(Deficit) 2,942.40
Total Expenditure 109,030.35 135,900.71
less:
Regatta Surplus(Deficit) -46,125.10 Committee Costs 873.57
Insurance Premiums 2,942.97
Audit, PCI DSS & Accounting Costs 90.00
Website 283.89
2021 TRADING ACCOUNT British Rowing Affiliation fee 358.00
Income British Rowing Almanack Advert. 0.00
Royalty from Gareth Sykes 3,000.00 Miscellaneous 0.00
Card Sales 0.00 Grants awarded 400.00
Income Total 3,000.00 4,948.43
Expenditure Balance carried forward 130,952.28
Stock 0.00
Card Handling & Tentage Costs 57.60
Expenditure Total 57.60
Trading Surplus(Deficit) 2,942.40