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Company Limited by Guarantee |
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Company Limited by Guarantee |
Financial Statements |
Page |
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Trustees' annual report (incorporating the directors' report) |
1 |
Independent examiner's report to the directors |
3 |
Statement of financial activities (including income and expenditure account) |
5 |
Statement of financial position |
6 |
Notes to the financial statements |
8 |
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Company Limited by Guarantee |
Trustees' Annual Report (Incorporating the Directors' Report) |
Registered charity name |
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Charity registration number |
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Company registration number |
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Principal office and registered |
Bridge End Farm |
office |
Ullock |
Workington |
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CA14 4TP |
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Company secretary |
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Independent examiner |
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Unit 7B Lakeland Business Park |
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Cockermouth |
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Cumbria |
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CA13 0QT |
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Director |
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Company Limited by Guarantee |
Independent Examiner's Report to the Directors of
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Company Limited by Guarantee |
Statement of Financial Activities |
(including income and expenditure account) |
2024 |
2023 |
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Unrestricted funds |
Restricted funds |
Total funds |
Total funds |
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Note |
£ |
£ |
£ |
£ |
Donations and legacies |
5 |
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Charitable activities |
6 |
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– |
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Investment income |
7 |
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– |
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– |
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Total income |
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Expenditure on charitable activities |
8,9 |
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Total expenditure |
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Net income/(expenditure) and net movement in funds |
(
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(
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--------- |
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Total funds brought forward |
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– |
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--------- |
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Total funds carried forward |
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--------- |
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Company Limited by Guarantee |
Statement of Financial Position |
2024 |
2023 |
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Note |
£ |
£ |
£ |
£ |
Tangible fixed assets |
12 |
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Debtors |
13 |
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– |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
14 |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Restricted funds |
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– |
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Unrestricted funds |
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--------- |
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Total charity funds |
15 |
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Company Limited by Guarantee |
Statement of Financial Position (continued) |
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Director |
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Company Limited by Guarantee |
Notes to the Financial Statements |
Plant and machinery |
- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
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£ |
£ |
£ |
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Donations |
310 |
– |
310 |
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Grants receivable |
– |
21,997 |
21,997 |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
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Donations |
3,133 |
– |
3,133 |
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Grants receivable |
– |
– |
– |
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-------- |
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-------- |
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– |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Direct charitable activities - rowing club |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Bank interest receivable |
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– |
– |
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----- |
----- |
----- |
----- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
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£ |
£ |
£ |
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Lakeland rowing club |
17,889 |
3,488 |
21,378 |
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Support costs |
928 |
– |
929 |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
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Lakeland rowing club |
22,301 |
– |
22,301 |
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Support costs |
913 |
– |
913 |
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– |
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Activities undertaken directly |
Support costs |
Total funds 2024 |
Total fund 2023 |
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£ |
£ |
£ |
£ |
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Lakeland rowing club |
21,378 |
929 |
22,307 |
23,214 |
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2024 |
2023 |
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£ |
£ |
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Depreciation of tangible fixed assets |
10,470 |
9,391 |
Loss on disposal of heritage assets |
– |
1,183 |
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Plant and machinery |
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£ |
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Cost |
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At 1 January 2024 |
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Additions |
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----------- |
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At 31 December 2024 |
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Depreciation |
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At 1 January 2024 |
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Charge for the year |
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----------- |
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At 31 December 2024 |
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Carrying amount |
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At 31 December 2024 |
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At 31 December 2023 |
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2024 |
2023 |
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£ |
£ |
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Prepayments and accrued income |
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– |
-------- |
----- |
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2024 |
2023 |
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£ |
£ |
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Accruals and deferred income |
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At 1 January 2024 |
Income |
Expenditure |
Transfers |
At 31 December 2024 |
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£ |
£ |
£ |
£ |
£ |
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General funds |
66,767 |
11,183 |
(18,647) |
(800) |
58,503 |
John Inman Fund |
– |
– |
(170) |
800 |
630 |
--------- |
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--------- |
----- |
--------- |
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66,767 |
11,183 |
(18,817) |
– |
59,133 |
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At 1 January 2023 |
Income |
Expenditure |
Transfers |
At 31 December 2023 |
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£ |
£ |
£ |
£ |
£ |
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General funds |
71,543 |
18,438 |
(23,214) |
– |
66,767 |
John Inman Fund |
– |
– |
– |
– |
– |
--------- |
--------- |
--------- |
----- |
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71,543 |
18,438 |
(23,214) |
– |
66,767 |
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--------- |
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----- |
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At 1 January 2024 |
Income |
Expenditure |
Transfers |
At 31 December 2024 |
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£ |
£ |
£ |
£ |
£ |
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Rowing Foundation equipment grant |
– |
21,997 |
(3,488) |
– |
18,509 |
----- |
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-------- |
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At 1 January 2023 |
Income |
Expenditure |
Transfers |
At 31 December 2023 |
|
£ |
£ |
£ |
£ |
£ |
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Rowing Foundation equipment grant |
– |
– |
– |
– |
– |
----- |
----- |
----- |
----- |
----- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
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£ |
£ |
£ |
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Tangible fixed assets |
39,704 |
9,707 |
49,411 |
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Current assets |
19,727 |
8,802 |
28,529 |
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Creditors less than 1 year |
(300) |
– |
(300) |
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--------- |
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Net assets |
59,131 |
18,509 |
77,640 |
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--------- |
--------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
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Tangible fixed assets |
49,095 |
– |
49,095 |
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Current assets |
17,972 |
– |
17,972 |
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Creditors less than 1 year |
(300) |
– |
(300) |
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--------- |
----- |
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Net assets |
66,767 |
– |
66,767 |
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