Avoch Community Rowlng Club SCIO Scottish Charity Number-SC051745 Annual Report and Financial Statements For the year ended 31 December 2024
Tru¥t8e's Annual Report For th• year ond•d 31 Do¢èrnb•r 2024 Thetrustees have pLeasur8 in pr986ntingtheir reporttogetherwth thefinancial 5tatemenls of the year ended 31 December 2024. R•fornnce Admlnl¥tr8tlve Informatlon CharltyNam Avoch Comrnunity Rowing Club SCIO Charlty Numb•r SCOS1745 Addr•** Avoch Community Rowingclub, Awch Industrial Estate, Ormonde Terrace, Avoch, IV9 8QU Trustees In financlal year2024 and at 16 March 2025 Chair Secretary Tr8a$urer
Structure, Governance and Management Con8tftirtlon The charity is a Scottish Charitable Incorporated Organisation ISCIO). It was registered in its curr8nt1ogalform on 20 May2022. The assets ofthe unincorporated association weretransferred tothe SCIO on 1 January 2023. It has 8 two tier structure and as Such the membership ofthe organi8atlon appoints truste88 and has d8cision making powers. Appolntment of Tru8t088 The board is made up of charity trustees. Twstees are appointed by the wlder membership attheAnnual General Meeting whlch is helo In March. The board mu8t have a minimum of 3 and a maximum of 5 trustees. ObJactlve8 and Actlvltl88 Charltablo Purpos88 To 8dv8n¢e public participation in th8 Sport of rowing. Actlvltlas The charity undertakes the fouowlng 8Ctivlties: (al The construction and maintenance ofa boator boats, togetherwith associated equipment Ibl The pur¢hese, rental or borrowingof premlses, and the pur¢h88e and maintenance oftools and equipment, torthe buildingand mainten8nce of boats and associated equipm8nt Icl The organisation of and participation In regattas. races. di8plays and other such occasions (dl The provlslon of training facilities for its members lel Promotingand maintainingtlie highest standards oftechnical competence and safetyin the 8POrtof rowing If) Upholdingthe rules of the sport {gi Provlding opportunlties for partlcip8tion by all members ofthe community (h) The promotion ofthe sport8mongcoast81 and non-coastalcommunities in Scotland and elsewhere
Achlevements and Performance Boat Shed I Club House After a fewyears in the planning. the combined building ofthe Boatshed and Club house wasfinallycompleted in October. This has been an amazing achievementforallinvolved and it is a usefulfacilityfor both ACRC and the wider community. The buildingwill allow us to have somewhere warm and dry to maintain the boats. The facility will also allow more soci818vents. training sessions and a so¢i8l space for the club. To officially open the building the club held a semi form81 event on 30 November and invited the funders involved. neighbouring coastal rowingclubs" the contractorswho built the shed: ourlocal coun¢illor' and people from the wider communityto ¢elebrate this significant 8tep with ACRC memb8rs. 2024 R8gatta8 ACRC hsd their most successful regatta season ever! It was helped by some rather good new novice rowers which vlas excellent to see. On 25 M8yth8 Club headed to N8irn on one ofthe few $unnyd8y8 ofthe summer. W8 h8d a small crew but managed a very Credible 3r0 overall with m8ny medals 8cross all categories. June saw us heading to Storehouse of Foulis forStrathpeff8r's anntjal regatta. There werevery ch811engingconditions18ter on in the day, butthe team came good again by coming 2ntt overall. We struggled to get 8 team forthe Golspie regatta on e July but after hearing Cromatywere also having problems: we reached out to our neighbours and puttogetheran Avochlcromarty blended te8m or'croch. aswe became known forthe day and pulled off Several med818. ItW8S 8 gre8topportunityto work together. We faced some more ch8llenging conditlons at the Cromarty2 day regatt8 on 10 and 11 August but again a greattimew88 had byall and we ended up sharing 1" place with Cromarty. One week18t8r, VR s8ved the best for last, 8$ we held our own regatta on 17 August at the H8rbour in Avoch. Thewind was horrific but 8ft8r Some nimble course rgstructuring, we managed to fit allthe raclng in. includingthe youth r8c8which we had had to cancel the previous 2years 8nd were rewarded with a first place forthe U19team. Thi8was replicated in manyother categories and meantwewon the over8lltrophy. particularly poignant, as it was Zulu's (the club's first 8kiffl 10" Blrthday. Other Rowlng Events On 19 Maywe joined 11 other club5 forth6'Scotl8nd thewave. relayrowaround the whole of the Black Islo. from North Kessock to Storehouse of Foulis. This w88 to raise money for ch2rityinGluding supportforthe Cross Atlantic rowwhich is being
undertaken in December2025 andone of the team 13 a local rowerfrom Crornarty, Itwasa m8mmoth taskto organize buz thewe8therwas kind. and everyone thoroughlyenjoyed it. 3 members from the club also attended the annual Fresh Water sprints 8t Loch Tumm81 on26 October. For once it was not windy andth8 sun even came out! Our rogion, North East. won rhe oveialltropty. Itwa8 a good chance to rowwith other clubs and in other boats.. .8nd with newlytrained coxes. It made for a vary inter8sting day. The Scottish Coa8tal Rowing Assoriation held one of their coxes Iraining cours89 Bt Fortr088 Sailingciub. Two members from ACRC. attended and reported back thatthe course was exceuenr. Ir's great to nDW nave some newly qualitied coxes in the club. Boat Molnt•nance Two now sats of oars were purcha8ed this year. Theywerefinished off atthe Glub by Davle 8tt8chingthe Plates and smoothingthe handles. Theyare a joy to rowwith. A team of club members 88nd6d and oiled our old sets of 08rs, which has given them 8 newlease of life. Rowing ststs The club h8ld 4 Come and Try sessDn8 {compared to 5 last year) which Vre advortlsed on 8oclel media and provlded an opportunltyfor anyone over the age of 11 to flno out if coastal rowing mlght be something theywould like to do. We have also had a several n8w row8rs join the club throughout theyearwhich 18 greatto see. During the year 32 soclal rows ware launched bythe club, covoring more than 177 km8. Forth&8e session8, the club188vesfrom the be8ch at Avoch and rows to Munlochy Bay, North Kessock, ChanonryPoint or Fortrose. Theseare yleatsessions where members of all ages and abilities have a chance to get gome valuable exèrcisè whi18t enjoying 8ome tslkingtherapy. Othar Socl•l Ev•nts In April. 8 fvnd_rgising quiz wag hold in ThèAvoch Arnènitiao Sporto Pavilion. It wa8 well attended by club rnembers alung with supporters from the vlllage and the Pawlion benefited from bar sgle8 on the evening The last club event of the year was 8 vary pleasant Christmas lunch at Cove Restaurant. Fortrose and Rosemarkie Golf Club: a lovely way to round off a busy y88r.
Community Some members of ACRC wer8 asked by the Ioc81 estate rf they could help with a major problem they have with the invasive plant call8d Himalayan Bals8m. So having acquired some weed slashers they bashed down the Balsam au the way from Killen down the Avoch burn, to the sea. Cert8inly, a great WBY to keep fit whilst helping the local environment. Flnanclal Reviow Unrestrlcted Fund Forthe general runningofthe club the m8in 80urces of income are memberfees and fund raising. In 2024 the club had 57 members and thefee income received in the year was £1.508. Also. memberfees relatingto 2024 of£180 had been received early in 2023. After spon80r8hip of £550, the club'3 annual rowing regatta produced a 8urplu8 of £1,158 which w88 added tothe unrestricted fund. £1,375 was received from HMRC relating to Gift Aid on don8tlon8 received for the boatshedlclub house. Although tha club is tocus&d on minimi8ing ggnaral running costs, In 2024 £8,601 wa8 Incurred and charged tothe unre8tricted fund. This included one-off Costs of £1.760 for the new sets of oars and £3.493 for costs relating to the b08t shed. including electricity. However, the expenditure charged to the Unrestricted fund include8 an overcharge ot £705 tor electri¢ity in 2024. This will be recovered in the next financial ye8r. Over811. the movement on the unr6stri¢ted fund in the yearwas a deficit of £3.364 with the ye8r-end b818nce being £2,617. Ifthe ele¢tri¢ity had not been overcharged the year- end balance would have been £3,322. Restrlcted Fund Funds raised to meet the costs of providing a boat8h8dlclub house are held in the restricted fund. In 2024 costs of £186.366 relating to this project were charged to the restricted fund. The b8lance on the restricted fund at the y8ar-end is £4.626which will b8 held in this fundto m6etthe anticipated flnalc08ts of the shed project b81n8charged durin8 2025. R889rves Pollcy Reserves provide a buffer against uneven and unpredictable income orspending. They are funds that are freely available to spend on any of the charity's purposes. The reserves for the ACRC Sre entirely cash based.
At the end of 2024 the closing balance on the unrestricted fund Is £2.617 8n(i ther8 are no outstanding commitments. Atthe end of 2023 thetrustees'viewwa8 that itwould be prudentto hold £q.000 AS 8 rgs8rve. This rèmain$ the preforred position and aftor adju8tingforthe electricityrefund which will be received in 2025the club ha8 achieved the targeted level of reseNes. Future Plans The maln focus forihe club inthe immedlate future is io introduce a schedule of activities for the club. makingfull use ol the new boatshedlclub house facility. The Annual report was approved by the trustees on 16 March 2025 Icnalrparson) ITreasuierl
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Statement of Recelpts and Paymants for the year ended 31 December 2024 Unrestricted Fun(J8 Restricted Fund8 Year ended 31112124 Year ended 31112123 Rocelpts Oonations Grants Fundraising Receipts from charitable 8Ctivitl88- membership fees GiftAid 601 13.500 167.460 14,101 167.460 1.753 10.325 9.470 2,262 1.753 1.508 1.375 1.508 1.375 2,267 Totsl Receipts 5.237 180.980 186.197 24,324 Payments Fundraising costs Cost ol charitable activities 807 7.794 807 194.160 1,380 6,931 186,366 Total Payments 8.601 186.366 194.967 8.311 Surplusl(06ficitl for the year Transfers between funds Surpiusl(Deficit) for the ye8r (3,364) 15.4061 {8,770) 16.013 13.3641 {5.406) 8,770) 16,013
Statomant of Ba(ances 88 at 31 Decombei 2024 Unrestricted Re3tricted Funds Funds Totalyear ended 31112124 Totalyear ended 31112123 Openingcash at bank and in hand 5.981 10,022 16.013 Surplu81lDeficitl for the year 13.3841 15,406) 18.770) 16,013 Closlng cash 8t b8nk8nd in hand 2,617 4.626 7,243 16,013 Bank and Cash Baianeos Bank current account 2.617 4.626 7,243 16.013 Other assatJ- unrestrlcted ftind Boatshedlclub house Two St Ayles skiff One Wemy$$ 8kiff 218.000 16,000 4,000 16.000 4.000 238.or1 20.OnO Other s$sets have baen includèd ir the St8tement ol Ba18nces at insurance valuations The St8t8ment of B81ances w88 approved bytha trustees 16 March 2025
Notes to the Accounts for year end8d 31 Docembar 2024 1 Bas18 of Accounting These accounts have been pr8pared on the Receipts and Payments basis in accordance with the Charities and Trustee Investment Iscotiandl Act 2005 and the Charitios Accounts (Scotlandl Regulations 20061as amended). 2 Naturn and purposeof lund8 Unrestricted lunds arethose that may be used atthe discretion of the trustees in furtherance of the objectives of the charity. The truste8s maintain a slngie unrestrlcted fund forthe day-to-daywnning ofthe club. Restricted funds may only be u88d for specific purposes. R8Strlction8 arise when specified bythe donor orwhen funds are raised forspecific purp08es. The charity has one restricted fund r8Latingto the provlsion of a boatshedlclub house. For the restricted fund in the financial yèar 2024 th8 ch8rlty received donation8 and grants to the value of £180,960. 3 Romuneratlon No remuneration was paid to charitytrustees in the year ended 31 December 2024. 4 Expons68 pald to trustees In the year ended 31 December2024 two ch8ritytrustees Incurred expendlture on behalf ofthe club which was reimbursed to them. The total expenditure was £626 and related to the cost of charitable activities (medals. paint, urn. trailer wheel, buoys and club vbSIte). 5 Donatlon8 Unrestri¢tod Fund Restrlcted Fund Total 2024 Totsl 2023 Transfer from unlncorporated organisation Bro8dland Properties Ltd Private individuals 4,325 8,000 8.000 5,000 601 5.500 6.101 Pat Munro (Alne8sI Ltd 1.000 601 13,500 14,101 10,325 10
6 Grants Received Unrostrlcted Restrlcted Fund Fund Total 2024 Total 2023 N8tion81 Lotterycommunity Fund Foundation Scotland (Baillie Gifford) Postcode Lottery (Magic Little Grants) Tesco Groundworks 7,470 1.000 500 500 Highland Council: Community Led Loc81 Development Baxters Foundation 44.000 44.000 10,000 79.000 79,000 34.460 34.460 10.000 Sports Scot18nd Highland Council: Community R8generation Fund 167.460 167,460 9.470 7 Cost of ¢harftable actlvltle8 Unra8trl¢tod R8$trlctod Fund Fund Total 2024 Total 2023 Malntenance and Repairs Architect F8es 455 455 382 845 4,910 Buildingwarrant Water¢onnection 1.310 1,310 1,078 2,131 2.131 Electricity THC shed numbering app11¢8tion Shed: m8in and sub-contractors 818 3,435 4.253 110 110 2,604 175.187 177,791 Shed opening cost8 Oars 122 122 1.760 1,760 Container 3.348 3.348 Insurance 1.710 1.710 385 SCRA membershipfee Travel expenses Website 120 120 75 75 35 101 Membershipfee collection service 95 95 75 7.794 186.366 194,160 6.931