## **Statement of Receipts and Payment for the year ending 30th September 2024** |**Receipts**
Donations
Grants
Fundraising
Receipts from Charitable
activities - Subscription fees
**Total receipts**
**Payments**
Fundraising costs
Cost of charitable activities
Governance costs
**Total payments**
Surplus/(Deficit) for the year
Transfer between funds
Surplus/(Deficit) for the year|Unrestricted
Funds
4,405.00
4,405.00
4,056.27
4,056.27
348.73
348.73|Restricted
Funds
0.00
0.00
0.00
0.00|Year ended
30/9/24
0.00
0.00
0.00
4,405.00
4,405.00
0.00
4,056.27
0.00
4,056.27
348.73
348.73|Year ended
30/9/23
100.00
0.00
126.00
4,320.00| |---|---|---|---|---| |||||4,546.00| |||||981.70
3,978.16
0.00| |||||4,959.86| |||||-413.86| |||||-413.86| **Statement of Balances - As at 30th September 2024** |Opening bank Balance
Surplus/(Deficit) for the year
Closing Bank Balance|Unrestricted
Restricted
Funds
Funds
0
10,744.81
0.00
348.73
0.00
11,093.54
0.00|Year ended
30/9/24
10,744.81
348.73
11,093.54|Year ended
30/9/23
11,158.67
-413.86| |---|---|---|---| ||||10,744.81| ## **Notes to the accounts for the year ending 30th September 2024** ## **1. Basis of accounting** These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). ## **2. Nature and purpose of funds** Unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the objects of the charity. The trustees maintain a single unrestricted fund for the day to day running of the organisation. Restricted funds may only be used for specific purposes, when specified by the donor or when funds are raised for specific purposes. The restricted funds related to the 10 th anniversary celebration of coastal rowing, the ‘Rowaround Scotland’ and the film celebrating the first 10 years, projects which have all been completed. ## **3. Related Party transactions** The insurance policy includes Trustee Indemnity insurance for all its trustees. No other remuneration was paid to the trustees or any connected persons during the year. ## **4. Donations** There were no donations received ## **5. Grants received** There were no grants received. ## **6. Cost of charitable activities** |Insurance
Website and hosting
Medals and ribbons
Rowaround Scotland
Film
Meetings and AGM
Training Courses organised
Sundries
Travel expenses
Fundraising costs (5MFH)
Cost of Charitable activities|Unrestricted
Funds
1094.81
263
851.75
1443.5
313.21
90
4,056.27|Restricted
Funds
0.00|Year ended
30/9/24
1094.81
263
851.75
0
0
1443.5
313.21
90
0
0
4,056.27|Year ended
30/9/23
1015.52
592.11
385
400
0
1052
533.53
0
0
0| |---|---|---|---|---| |||||3,978.16| ## **7. Governance costs** There were no governance costs incurred. APPENDIX 1 OSCR Period start date M(xth Period end date Month Year 2024 Frcrfn 01 >23 To Scottish Ckrity Regulator Office of the Scothsh Charity Regulator Reference and administration details Charity name Other names charity is known Scotbsh Coastal Rowing Regislered charity number Charity's principal address SC050345 clo Scotbsh Fisheries Museum Harbourhead Anstruther Poslcode KY103AB Names of the charity trustees on date of approval of Trustees, Annual Report Trustee name Office rrf Dates acted rf not for whole year Re-appointed Re-appointed Re-appointed Re-aPp0￿ted Re-appouited Re-appointed R￿appointed Re-appointed Re-appointed Re-appointed Re-appollLted ApPo￿ted Name of person (or bodyl entitled to appoint trustee {if any) ConveJ]or Treasllrer Secretary 10 11 12 13 14 15 16 17 18 19 20 APPENDIX 1 Reference and administration details Names of all other charty trustees during the period, if any, Ifor example, those who resigned part way through the financial period) Structure, governance and management Type of governing document Scottish coa5ts1 Roming is a SCIO. a Scottish Chaxiiable tnc(wraled O￿anIsaTiOn. by ihe lenn5 of a constithlion. Thi5 cons¢ikntion sets oui the ¢ltstitsble pwp05es and PTo¢edures of goi'emance. The TnJ51ees ate iesponsible for enswiug thai all aciiillties undenaken comply M'ith the tern￿ of the ¢onstiftltion. One of th¢ u'ays this is 8¢hi¢i'¢d is thvollgh regular TnJst¢e eetin8s. Geo8raphy dictates that these are condu¢t¢d thgirally u'ith an annual io persoii Ineeiiti8 on the AGM ￿.eeketta. Trustee recruitment and appointment In accordance with our constithtioL requegtg for nominationg to the Board are ll￿de as part of the notice of our Anniial General Meeting. Tn￿teeS ate forn￿lly appointed at the AGM. Wbere there are n￿re nominations tlwi spaces, a vote is held. There is fijrther scope to cowt adth'tional TTh￿teeS if not at capacity, or for speeific duties. Objectives and activities Charitable purposes The advance￿ellt of publj'c participatjOD ill Sport, the advancemait of the arts. heritage. culture or science. (p) any other purpose that tDay ieasollably ￿ regatded as aDalOg0￿ to any of the preced￿8 purposes. Summary of the main aclivities in relation lo these objects Seotlish Coastal Rowng continues to support it's member clubs across Sco￿and, with a reeord number of clubs paying the voluntary meM￿rshiP fee this year. Whether it is setting up a new club and providing assistance on the build of a new skrff. providing training for new coxes or organising a first regatta, SCR is approachable and able to assist. New clubs continue to be fomied the 24151 skiff in the UK being launched shortly before the AGM. There has been a pa￿CUlar focus this year training and development in advance of the 5th sk1ffiewc￿ds which wll be held in Stranraer in Juty 2025. APPENDIX 1 Achievements and performance Summary of the main achievements of the charity during the financial period Scotttsh Coastal Rowing has supwrted a large number of Regattas across the county. either by providing tsme keeping and umpiring assistan￿ or supplwng equipment and ￿rnIng buoys. Most of these events are operating at capaclty and the atmosphere is unvariably fun and fnendty as well as being intensety competitive on the water. There has also been a fo￿5 on rK)n competthve longer distance touring type events, gwing rowers the opportunrty to explore the coastline in drfferenl part of the county. Events are usualty free and camwng opwiunrbes plentrfiJl. making it a very O￿$$1b1e sport ft)r all. Scottish Coastal Rowng cryleted a 'Train the trainer. course to increase the pool of people available to provide cox training and {freel courses were completed from the Central Belt, to Argyll, Kyleakin to Golswe. A training weekend was aso eondueled before the AGM, covering eoutse laying, raee eoxing and umpirirvj. Scottish Coastsl Rowng has also worf(ed closely wtt Intematic*)al as the host nati)n for the Skiffiewodds the ￿annIng and running ofthe event. Scottish Coastsl Rowing is a volunteer4ed organisation. Whilst our outgoings are incredibly low, we rely on member subscriptions to invest in equipment and safety knt for our events as well as being able to facilitate training ￿urSeS all across sCo￿and. We are continuing to be reassured that a record number of our clubs have paid their annual subsuiptKsn fees. Financial review Brief Statement of the charity's policy on reserves We seek to n]ainlain sufficieni fi￿dS to cover essential costs such as iDsuranee and a eontingeney foi latger event expenditute. However. our priority is lo re-invest any ￿OnIeS into Ol￿ activities for the bellefit of the ￿e￿bers. We are proud io be entirely by voluDteets. Details of any deficit WA Donated facililies and servlces lif any} NIA APPENDIX 1 Other optional information Declaration The trustees declare that they have approved the trustees. re￿t above. Signed on behalf of the charity's trustees Signature{s OSCR wlllatte digital ortype signature Full namels Position {e.g. Chair) Treasurer Date 231(￿/24 APPENDIX 3 OSCR Cnaty Re8ulal¢ Independent examlner's report on the accounts R•port to th• tru$t•6slmefflbern of scott￿ coa$1￿ AsgKJa¢i R•gl•t•T•d charlty SC 050345 numb•r Ott th• account# of th• charity forthe p•rlod Period start d8ts Mmih P•ritsd end dale Month DAY 3D Vo8r 01 2023 lo Sept*mbor 2024 8•t oul on pag 1 ar￿ 2 of SCRAAcTr)unts lof 1110123 to 3019Q4 Imm*mb•i ty iWUd• ￿ p Ra8pe¢tive Th8 charty's Injslatss ar8 r88p)nsiblè lor th8 preparation of the arAounts in accordance r••pon8lbllStSaa ol wrth th8 temis DI th8 Charities and Truste8 Inv8Stm8nt ISco118nd) 2005 Act and the trustees and oxamlnor Charities Accounts IScoll8ndl R•gulalions 2006 las am•ndedl Tho charity Iruslegs consider thal Ihe audit Tequirement of Regulation 10111 Idl of the Accounts Regulatioris do88 not apply. It 18 my respon8ibilily lo examine the acGounts a8 required und8r section 44111 (¢1 of the Aet and lo slal6 whether particular mattors have come to my 8ttènlv)n. 8a•l• of Indep•ndent My frxamination 18 carried oth in accordanca with Regulation 11 of ltte 2006 Ae¢ounts •x•mln•r'• •t•l•m•nt Regul81￿￿5. An ex8minalv)n includes a r•vi8w of the accounting r6cords kept by the chaiity and a comparison of Iho accoltnts presentèd with thosé records 1181so includ88 conBideTalion of any unusual rterns OT disclosures in the accounts and seeks exp18naiion$ from tho Iru81ees concemin9 any such matters. The procedures undertaken do not provide •ll the ovidon¢4 th81 wouk3 b& requirtd in 8n audit and, constsquenlly, I do not expresJ an audit opinion on the view given by the accounts. Indgp•nd•nt •xamln•Vs In tha CQLtrse of my examination, no matter has come lo my attention Eslk•pth •tat•mont which giv•s m• r•o$Onab￿ cau8• to b•li•v• that In any malfrrol rfrspoct tho rgquirgmanls.. lo keep aecounling records in 8ccordanc8 with s•elion 44111 (al of th8 2005 Act and RagulalwJn 4 of the 2006 Accounts Regulations, anol lo prèpare accounts which accord with the accounting Igcords and ccmply with RegUlat￿n 9 of thè 2006 Accounts R¢guialion$ have not been mel, or drawn In order to enabl8 a proper ed. ato: Slgne Nam R•l•vant prof•8tsion quallflc•tlonl8) or bod (ff •ny Addrog 19 Dect*mber 2024 8ilWS h4¥* wme to your attentrDll on the fclhMir¥J p89e.