2024-09-30-accounts

1865 CLYDE*A R C ANNUAL REPORT 2023- 2024

Charity Registration Number: SC050168 1865 Clyde Amateur Rowing club Trustees Report 2024 The trustees present their report and the finarKial statements of the charity for the year ended 30 September 2024. Reglstered charity name: Charity Registration Number: Principal office: Clyde Amateur Rowing Club SC050168 West Boathouse Glasgow Green Glasgow G15QA The Trustees: Contact:

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Structure, governance, and management

Clyde Amateur Rowing Club is a Scottish Charitable Incorporated Organisation (SCIO), governed under its constitution.

The current constitution was created, presented, and approved on 11 October 2021 at the charity’s annual general meeting (AGM).

Recruitment and appointment of trustees

Any paying adult member of the Charity is eligible to become a trustee of the charity and join its Board via election at an AGM. Prospective [Board] members are invited to apply and may be co-opted if agreed by a meeting of the board. Any trustee co-opted in this way must stand for election at the next AGM of the charity and any paying adult member of the Club may stand for election to the Board at this time. The quorum of Board meetings is five (5).

Objectives and activities

Clyde Amateur Rowing Club (“Clyde”) exists to enable its members to participate in rowing, both as a sport and a recreation. We aim to make rowing, and access to the river at the heart of the City of Glasgow open to all, ranging from complete beginners to elite athletes.

To this end Clyde operates Learn-to-row sessions on a regular basis to introduce those with no experience of the sport to rowing; maintain facilities and boats to permit members to row without owning their own boat, or row in crew boats; and providing support to athletes either in competing, or rowing recreationally.

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Achievements and performance

Clyde Amateur Rowing Club exists to promote rowing as a sport and as a recreation in the City of Glasgow. Our members come from many walks of life, and many parts of the city, but we come together with the common goal of making rowing, and access to the River Clyde, available to all, whether your ambitions are just to paddle up and down the river on a sunny summer Sunday, or to take on rowers from across the country in races.

The last few years have seen us build on a strong foundation. We’ve weathered COVID. We’ve completed the complicated and stressful process of rebuilding the boathouse. We’ve learned to live amicably with our rivals. A few years ago I wasn’t sure where the club was headed; times were difficult. But today I’m sure that we’re moving in the right direction.

When I looked back over last year’s report, seeking inspiration for this year’s, I noticed that we highlighted the fact that our growing membership was putting our fleet under strain, and that we’d started to invest in bringing various boats back into service. Indeed, last year we used the eight for the first time when I’d been with the club. How times change. This year it felt like we had the eight out every week in order to provide enough boating capacity. Never before this year have I been so stressed that we would run out of oars for a session.

The growth in our membership is very heartening. We currently have 25 members, which is the largest number in my time with the club. The increase in membership has meant we can be confident in further investing in equipment. We’ve so far brought another quad back up to working order, made numerous small repairs to boats throughout the fleet, and started replacing many pairs of deteriorating shoes. Much to everyone’s delight we’ve also repaired the cox box, and the dulcet tones of our coxes are now heard up and down the river, motivating their crews. We’ve also started to make plans for replacing some of our oldest oars, and we’ve made a grant application for assistance with this.

In the last year we’ve also invested in our people; specifically, in training coaches. Today we have four fully qualified Level 2 coaches in the club, in addition to several other coaching members. I hope we will be able to continue to build the coaching base in the club in the next year too. We’ve also ensured that the safety of our rowers is more secure, through training members in emergency first aid; we now have at least four qualified first aiders, which will provide us with reassurance for both our own rowing activities, and providing safety cover at races and events.

We’ve continued to build on strong relationships with other City organisations, having become corporate members of the Glasgow Humane Society this year, and continued our membership of the Glasgow Sports Council. In order to further our aim of becoming a more welcoming and inclusive club we have joined the West Region forum

of LEAP Sports. an organisation which promotes LGBTQ+ inclusion in sport. We've also had a harmonious year workingwith ClydesdaleAmateur Rowing Club and Strathclyde University Boat Club, and we've now cohabited successfullyforwell over a year. Our membershipof the Boathouse Management Committeecontinues to give us a say in the operation of the building,while the Presidentof Clyde's position as Boathouse Secretary ensures that Clyde sits at the centre of decision making processes. Perhaps our most successful activity in the lastyear has been our taster session programme. While I will leavefurtherdetails of this to thecaptain's repK)rt, this has been an enormous success both forfurtheringour communityoutreach and also recruiting new members. I want to specifically highlight our participation in LEAP Sport's Festival Fortnight this year, where we ran a single taster session to great success, Finally, I would be remiss notto mention our racing performance. The club still has a longwayto build back to its former glories in this area, but the green shoots are appearing. We entered races run by both GRC and Clydesdale lastyear. aswell as the Castle Semple Regatta, getting new members new race experiences. l am confident that we will build furtheron this in 2024-2025. Some yearsthis job has been hard, butthe last twelve months have just been a pleasure to Watch the club go from strength to strength. The good times are rowing. Approved bythe Trustees, and signed on their behalf by

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Financial review

Statement of the charity’s policy on reserves Clyde has maintained a ring-fenced reserve during this accounting period in our savings account to cover the eventual costs of reassignation of the licence to occupy the West Boathouse upon the completion of the renovation project.

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Independent Examiner’s Report to the Trustees of Clyde Amateur Rowing Club

I report on the accounts of the charity for the year ended 30 September 2024 which are set out on pages 9 to 11.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities

Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention

1. which gives me reasonable cause to believe that in any material respect the requirements:

2. to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations

3. to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations

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have not been met, or

1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

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Item	Community	Savings
	Account	Account
RECEIPTS:
Opening Balances 01/10/2023	£6134.41	£12,281.50
Donations	-	-
Fundraising	27.40	-
Bank Interest	-	181.56
Membership/Boat racking Fees	5212	-
Race Income (entries/tearoom)	2912.32	-
Clyde Racing	123	-
Total Receipts as at 30/09/24	£8274.72	£181.56
PAYMENTS:
Governing Bodies Mbrship (SR/GLAS)	-500	-
Boat & Gym Equipment Insurance	-702.39	-
Equipment - New & Repairs	-1579	-
External Donation (Humane Society)	-50	-
Clyde Racing	-133	-
Coaching & Training Courses	-768	-

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Housekeeping		-51.9	-
Membership Refunds		-50	-
Race Services /Expenditure		-740.24	-
Web Hosting		-208.07	-
West Boathouse – BH Mgmt		-5922.18	-
Total Payments as at 30/09/24		-10,704.78	-
Closing Balances 30/09/2024		£3704.35	£12,463.06
Statement of Balances as at 30th September 2024
	Community	Savings
	Account	Account
Opening Balances:	£6134.41	£12,281.50
Surplus / (Defcit) for the	-2430.06	181.56
Year:
Closing Balance:	£3704.35	£12463.06

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Other Assets

Asset	Value
Trailer	1,000
Boats	39,450
Oars	6,800
Gym & Head Race Equipment	1,100
Rowing machines	8,000
Trestles / fotation devices/throw	560
bags

Liabilities

None

Notes to the Accounts:

1. Basis of Accounting : These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities & Trustees Investment (Scotland) Act 2005, and the Charities Accounts (Scotland) Regulations 2006 (as amended).

2. Nature and purpose of funds The Club operates a current account (Community Account) and a Savings Account; the Current account is intended to maintain the operation of the club, and the savings intended to be used for significant investments e.g. the Boathouse or Boats. Money within the Savings Account may only be spent with the express permission of the Board, and (when deemed necessary) by an EGM and majority of overall club members. Significant investment in the West Boathouse Renovations carried out by the Glasgow Buildings Preservation Trust (GBPT) has depleted the savings account, however there remains a positive balance. The Savings account continues to exist with emergency funds for Boathouse Maintenance.

3. Donations & transfers – minor income from Easy Fundraising £27.

4. Race income – the Club was able to run both the normal races (“3 Heads Race” in October, and the Spring Sprints) entry income was slightly less than 2023

12 however a material proportion of the annual incomedid comefrom running the events 35%1£2912.321. 5. Wages- Clyde ARC h35 no paid staff, and nowage bill. 6. Governing Bodies- Clyde ARC is a member of Scottish Rowing (the governing bodyfor rowingwithin Scotlandl and hence paid annual membership of £485. 7. Having resumed residencewithin the West Boathouse, funds for maintenance and upkeep of the renovated boathouse are paid to the Boathouse Management Committee,who supply monthly invoices. These monthly invoices are reviewed and approved at monthly Boathouse Management Committee meetings. within which Clyde ARC are represented.Annual BMC costs were £5922.18. 8. Boat insurance costs have risen measurably. as boats that had been in storage are now back in use £702.39. 9. Investment was made this year in training and coachingcourses. for key committee members. Three members completed both Level 2 Coaching courses Isubsidised by the club) and First Aid courses, this ensures First Aid coverage for the club at both beginner, experienced sessions, and at our Race Events. This was a judicious investmentfor the clubthis year. 10. Boat repairs and new scullswere carried out thisyear, enabling more members to be on thewater at the same time. and makefurther use of the boats owned bythe clubs. Approved bythe Trustees, and signed on their behalf by