Charity roglstratlon number SC047947 (Scotland) ORKNEY ROWING CLUB (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 ORKNEY ROWING CLUB (A Sco￿￿sH CHARITABLE INCORPORATED ORGANISATION} LEGALAND ADMINISTRATIVE INFORMATION TNstees (Appointed 27 June 20241 IApwinlÈd 25 IAarch 20241 (Appolnled 25 March 20241 (Appolnted 27 June 20241 Charity nurnb¢r SC047947 Independent examin•r AJ.B. Schdes Ltd 8AJbart Street Klrkwall Orkney KW15 1HP BBnkerJ Bank Df ScotEand 56 Albert Street Irkwall Orkney KW15 1HJ ORKNEY ROWING CLUB (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION) CONTENTS Page Committee Mamb8rs' report Independent examinerfs report statement of financial acttvitles Balance sheet Notes to thè financial statements 8-13 ORKNEY ROWING CLUB {A SCOTTISH CHARITABLE INCORPORATED ORGANISATION) COMMIThEE MEMBERS, REPORT FOR THE YEAR ENDED 28 FEBRUAR Y 2025 The Iru818es present thBlr annuBI report and fin8ncial stslemerbt5 for the year ended 28 February 2025. The ac¢ounls have baen prepared in aC￿)rdance with the a¢counting policies set out in note 1 to Ihe accounts and comply with Me charity's written conslilullon. the Chari1195 and Tru51ee Investment (Scollandl Act 2005, the Charilles Accounts Iscouandl Regulations 2006 {as amended) and "Accounting and Reporti119 by Charities.. Statement of Recon￿ended Practice ap￿ICable lo eharities Preparing their accounts In accordance wrylh the Flnandal Reporting Standard applicable in the UK and RepubliG Df Ireland IFRS 1021. las amended for accountin9 periods commenclng frotll 1 January 2019) Objective$ and )¢tiviti¢¥ The ¢haritls objects are lo advance publio participatson in the sport of rowing In Orkney for bolh cornpetitwe and r8crgatioral purposes, to maintain the highast standards of Safety and technical competence within the sport and lo oiganise ￿ereStiOnS1 activities assoclated wlth rowing to Imprtsvè the ¢ondilions of life of Orkney rèsldents and visitors. Achievements and performance FollowrKJ the AGM on 25th March 2024 the ￿MMittee formulated a development plan for 202412025. 1113 8180 Ic* be noted that 2024 marked 10 year3 sin￿ the dub5 inception, a g¢1 together for club members past arnd prosont was uk on the 26th October with a good meal , many laughs and party games. Many thanks have to 90 10 r baking the anniversary cake. Membership fees have increased to £40 for senior rowers (aged 18 years and overl and £20 for junior rowers (under 18'sl and £2.SCI per row. Thank you all for eonllnulng to support the elub as wè wlll need lo be mindful of our financ85 go5ng fcyward. Following tonight's AGM tha newly formed commlttee wlll meet to dlscuss membèrsvmp fèe5 etc. We continue to use the new onllne payments system whlch Is worklng well. I boats are on a rolling m8intenanc& pro9ramrn8 with thg most used or most in need of touch up or ￿paIr belng prioritised. M8mb8r5 ar8 8ncoura98d to hglp with this to hglp grow their kno￿￿d9￿. Members are encouraged to purchase their own lifejackets, bul a few club ones are available for try a row and opon day use, these were checked last yaar and any that didn't pass have been cable tled together. Walkla Talkl@s ara to contlnue to b8 usèd as th8 comrnun1￿tl0n devlce for boat-lo-tsoal chatting. They have a 10K dear radius. The VHF'S are for emergency use or rowing regatta5 only. Maintenance channel on Slack has beon sel up as a fomi of Ojmrnuni￿IIQn lo let the members know how things ar9 progressing thu$ avoidin9 jobs bein9 done I￿￿, aLg0 as a Mea￿ of Instruction as to what tasks 8r8 n8edlng done. Unfortunately due to a deterioratlon or the wood on R£nansay the boat MAII requlre major rènovatlons lo bring It back to a useable conditlon. A dedslon wlll have to be made by the new Commlttee Ir it Is worth doing Lhls or If th8 boat should be disposed ol. Develo new shod The condillr)n of the shed Is det8rloral(ng, and wa ara currantly unsure If11 wlll be avallablè for much longer due to thp slte being redeveloped by Orkney 8uildet5 who have been Gonducting excavation5 for lesl Orkney Rowing applied for and was successful in securing CLLD grant funding to conduct a feasibiliiy study into the slting 2nd (x)nstructior) of a purpose built shed at Hatslon. The full proposal for Ihls is scheduled lo be submitted to the Orkney Islands Council by the end of March 8nd the redundant Hydrogen Tefilling station has been Identified as our preferred lucalion. Rowin There is a weekly rowing shout out rola Sn place and each member of the cornmittee take lurns on the rollin9 Iota. This appears to an effective tool and feedback from the committee says il is wotking well. This system will continue going forward. ORKNEY ROWING CLUB (A SCOTTISH CHARITABLE INCORPOFIATED ORGANISATION} COMMIThEE MEMBERS. REPORT {CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2025 Anyone who wlshes to try a row ar8 Included In 8 weekend row, they are 8llowed 2 rows before askin9 If they would like lo join. Cost of each row 18 now £2.50, members rereive a notlfication on Slack (from when 5 rows hava been complat8d. Payment for rows conllnue to be made by BACS, reduong the need lor cash payments. No full m8mberships aro tskEn out from November to March. Instead, we ask that any potential new rne￿berS during this lime pay £3 per row. 11 is then anticip31ad that a full membership will ba taken out in the new mgmbership year. Continu& to develo unlor rowin Junity rowng has now been integrated Into the maln sooal rows at the weekend. We would like lo encourage any 15-18 year olds to attend as this would be the fvtL¢re of our Glub Blg tharths to PVG holders for continuing to support the junior rob%trs. Continue to develo rowin and cox skllls We are all working hard lo support thè club. TTrinlng nighis are run, ￿ere anyone interestad In mce rowng get more intense sesslon5 ￿nITed around fitness and rac8 craft. this helps boost the member's confidence. For tha social rowing and coxlng we encourage new coxes lo have a Shot when some experienced rowers are on board lo help th&m lèxm the skills. Yoal Oue to the commltmenls of holding our own Sknff regatta in Jun8 and the low inl•r8St from Sheland Te8m8 the Yoal regatta was not held. Skiff R Orkney Rowing Club held thèlr 3rd St Ayles Sklff Regatta at Scapa Beach on Saturday 15th of June, with Golspie t8klng home the trophy this year. Four t8ams attended from the mainland for the regatta this year.. Burghhead. FlndhoTn. Golsple and Port Seaton and Gockenzie. Results for the races warg as follows- 50+ Womgri 50+ Men 40+ Mixed 50+ Mixed Open Women Open Men 40+ Women 40+ Men Open Mlxed Under 18 mlxed 230 Mixed 1st Golspi8 2r￿ Orkney 3Fd Burghhead. 1st Golspie 2r￿ Orknèy 3rd Port Soaton 1sI Golspie 2r￿ Orkney Port Sealon 11l Golspie Orkney Port Seaton 16t Orkney Golspi8 dROW 1d Golspl8 2￿j Port Seaton 3￿ Orkney 1￿ Ort