for the Period Ended 30 June 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 June 2024
Directors
The directors shown below have held office during the whole of the period from
13 June 2023
to
30 June 2024
The director shown below has held office during the period of
12 July 2023
to
30 June 2024
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
13 months to 30 June 2024 | ||
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£ |
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Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Distribution costs: |
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Administrative expenses: |
(
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Other operating income: |
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Operating profit(or loss): |
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Interest receivable and similar income: |
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Interest payable and similar charges: |
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Profit(or loss) before tax: |
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Tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 13 months to 30 June 2024 | ||
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£ |
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Fixed assets | |||
Intangible assets: |
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Tangible assets: | 3 |
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Investments: |
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Total fixed assets: |
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Current assets | |||
Stocks: | 4 |
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Debtors: | 5 |
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Cash at bank and in hand: |
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Investments: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 6 |
(
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: |
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Provision for liabilities: |
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Accruals and deferred income: |
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 June 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 30 June 2024
13 months to 30 June 2024 | ||
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Average number of employees during the period |
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for the Period Ended 30 June 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
Additions |
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Disposals | ||||||
Revaluations | ||||||
Transfers |
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At 30 June 2024 |
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Depreciation | ||||||
Charge for year |
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On disposals | ||||||
Other adjustments |
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At 30 June 2024 |
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Net book value | ||||||
At 30 June 2024 |
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for the Period Ended 30 June 2024
13 months to 30 June 2024 | ||
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£ | ||
Stocks |
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Payments on account |
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Total |
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for the Period Ended 30 June 2024
13 months to 30 June 2024 | ||
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£ | ||
Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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Total |
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Debtors due after more than one year: |
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for the Period Ended 30 June 2024
13 months to 30 June 2024 | ||
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£ | ||
Bank loans and overdrafts |
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Amounts due under finance leases and hire purchase contracts |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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Pengwern Boat Club is a Rowing Club based on the River Severn in Shrewsbury. Membership is open to all: Juniors, Seniors and Masters from 12 years old to 80+. We welcome both rowers and non-rowers, although there is usually a waiting list for Learn to Row courses for non-rowers. The Club has a wide range of boats for use by Club members as part of their Membership subscription. We have a number of different subscriptions. Junior including Students and Under 25’s subscription is currently £194 per annum. Senior subscriptions are a maximum of £387 per annum. We have an Adaptive Rowing section supported by volunteer coaches and assistants from the Club Membership. Harper Adams University Rowing Club are affiliated Members and use the Club boats and facilities We have an annual Regatta in May attended by over 30 Clubs and Schools from the West Midlands, the North West and other Clubs from across the UK. We host an annual Dragon Boat festival which raises funds for Macmillan Cancer and the Coracle Championship which raises funds for Severn Hospice. Shrewsbury Food Hub use our kitchen facilities for bulk cooking.
Our Stakeholders are our Club Membership. We have an Annual Meeting in September to which all Members are invited. The Members approve the members of the Club Management Committee (open to all Members) and reappoint the Club Directors on a 3-year rolling cycle. The Members approve the Club Financial Accounts and the Membership subscriptions for the following Membership Year. Club Members are invited to submit topics for discussion at the Annual Meeting. As the Club is run entirely by volunteers we carried out a Volunteering survey with our Members to understand what we can do to increase the number of volunteers. The Club also has a Rowing Committee which, in consultation with Members makes recommendations to the Management Committee and Directors for replacement boats, courses to attend and any other rowing related activities. Individual Rowing squads have regular meetings. These provide feedback and suggestions to the Rowing Committee. The Club Captain issues a weekly communication to all Club members covering all rowing activities. The Club Chair issues periodic communications to all Club members covering all non-rowing related activities.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
13 February 2025
And signed on behalf of the board by:
Name: Simon Banks
Status: Director