2025-09-30-accounts

CLYDE*A R C 1865 ANNUAL REPORT 2024- 2025

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Charity Registration Number: SC050168

Clyde Amateur Rowing club

Trustees Report 2025

The trustees present their report and the financial statements of the charity for the year ended 30 September 2025.

Registered charity name: Charity Registration Number: Principal office:

Clyde Amateur Rowing Club SC050168 West Boathouse Glasgow Green Glasgow G1 5QA

The Trustees (2024-2025): Daniel Williams [President] Stephen Edge [Secretary] Caitie Gorton-Phillips [Treasurer] Gauthier Vieille-Marchiset [Captain]

Contact: [e-mail]

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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.

We’ve had another strong year since the last AGM, with a considerable increase in the number of members regularly taking part in rowing sessions, and the number of people in the club racing. We’ve seen members’ confidence increase over the year, and a greater variety of boats and crews on the water, and attending races.

Our membership this year has been fairly steady, and at a level where the club is financially sustainable. However, we have a real opportunity to build the membership further and invest further both in our members and our facilities.

We continue to have strong relationships with other City organisations. We are corporate members of the Glasgow Humane Society, and members of the Glasgow Sports Council. In order to further our aim of becoming a more welcoming and inclusive club we are part of the West Region forum of LEAP Sports, an organisation which promotes LGBTQ+ inclusion in sport. We’ve also had a harmonious year working with Clydesdale Amateur Rowing Club and Strathclyde University Boat Club, and we’ve found effective ways to work with the different ethoses of the three clubs cohabiting. Our membership of the Boathouse Management Committee continues to give us a say in the operation of the building, while the President of Clyde’s position as Boathouse Secretary ensures that Clyde sits at the centre of decision making processes.

Our taster session programme continues to be successful, though we had a smaller recruitment of new members during this summer than last year, which stands out as an outlier. Moving forwards we need to ensure that we recruit effectively during the warmer months of the year; 2026 will be an excellent opportunity for this with the return of the Commonwealth Games to the city of Glasgow.

The races which we organise were once again successful, with both the Three Heads and the Sprints having large entries and being venue-positive for the club. Weather and river conditions continue to be a source of large uncertainty for the head race however. External pressures, both from Scottish Rowing and the relative lack of participation in our events from clubs beyond the Clyde Valley deserve consideration, however, if our event offering is to remain successful.

To finish on a real high-note: racing performance. Last year I mentioned that the green shoots of recovery for the club’s racing pedigree were showing. This year far exceeded

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that. We managed a very large entry to the Castle Semple Regatta this year, to Scot Champs, and the various headraces on the Clyde, but the only way from here must be up: I look forward to the club’s great success in 2025-26! Once again the last twelve months have just been a pleasure to watch the club go from strength to strength.

Approved by the Trustees, and signed on their behalf by

Name: Daniel Williams 2025-10-30

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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 2025 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.

Name: Euan Shields

Date: 28 July 2026

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Statement of Receipts & payments for the Year ended 30[th] September 2025

Community Acct. Savings Acct.

RECEIPTS:
Opening Balances 01/10/2024 £3704.35 £12,463.06
Donations - -
Fundraising - -
Bank Interest - 174.37
Membership/Boat racking Fees 6966		-
Beginner Rowing Sessions 50
Race Income (entries/tearoom) 4890.62 -
Clyde Racing (members payment) 369.50 -
Total Receipts as at 30/09/25 £12,276.29 £174.37
PAYMENTS:
Governing Bodies Mbrship (SR/GLAS/HS) -1145		-
Boat & Gym Equipment Insurance -875.57 -
Equipment - New & Repairs -1378.73 -
Clyde Racing (payments to regattas)	-385 -
Trailering -110 -
Clyde Star Engraving -59.85 -
Race Services /Expenditure -788.53 -
Web Hosting -209.27 -
West Boathouse – BH Mgmt -4963.35 -
Total Payments as at 30/09/25 -9915.30 -
Closing Balances 30/09/2025 £6065.24 £12,637.43
Statement of Balances as at 30th September 2025
Community Acct. Savings			**Acct. **
Opening Balances: £3704.35 £12,463.06
Surplus /(Defcit) for the Year: * 2,360.89 174.37**
Closing Balance: £6065.24 £12,637.43

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Other Assets Value	Other Assets Value	Other Assets Value
Trailer 1,000
Boats 39,450
Oars **6,800 **
Gym & Head Race Equipment	1,100
Rowing machines **8,000 **
Trestles / fotation devices/throw bags	560
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 were not present within this year’s accounts, however a substantial amount came from Memberships & Rack Fees: £6966

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 up 25% from 2024 meaning a material proportion of the annual income came from running the events: £4980.69.

5. Wages – Clyde ARC has no paid staff, and no wage bill.

6. Governing Bodies- Clyde ARC is a member of Scottish Rowing (the governing body for rowing within Scotland) and hence paid annual membership of £485 in FY2024/25 and paid £495 for FY2025/26 at the end of FY2025.

7. Having resumed residence within 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

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Boathouse Management Committee meetings, within which Clyde ARC are represented. Annual BMC costs were down by approx £1,000 to £4963.35.

8. Boat insurance costs have risen as we brought the 8 back into service to enable the

increased membership access to th water and rowing: £875.57

9. Boat repairs and new sculls were carried out this year, enabling more members to be on the water at the same time, and make further use of the boats owned by the clubs: £1378.73

Approved by the Trustees, and signed on their behalf by

Name: Daniel Williams 2026-07-28