BILLYGOATS SOCIETY
Fosters and encourages the sport of rowing - for students of Fitzwilliam College, Cambridge. Recruits members primarily from former members of the college Boat Club. Members' subscriptions are added to the charity's endowment. Funds are raised by social events for members and their guests. The charity purchases equipment, including boats and oars, and donated this to the club.
Objects
THE OBJECTS OF THE SOCIETY ARE TO FOSTER AND ENCOURAGE THE SPORT OF ROWING AMONGST THE STUDENTS OF FITZWILLIAM COLLEGE, CAMBRIDGE AND THERETO TO ASSIST IN THE PROVISION OF APPROPRIATE FACILITIES AND OF BOATS, OARS AND OTHER SUITABLE EQUIPMENT FOR THE USE OF STUDENT MEMBERS OF FITZWILLIAM COLLEGE, THE PROVISION OF COACHES AND COACHING FACILITIES AND THE PROVISION OF FINANCIAL AID TO ENABLE FITZWILLIAM COLLEGE BOAT CLUB TO COMPETE IN OPEN REGATTAS.
Financial health, per its FY2025 accounts
The accounts state that total funds rose to £552,937, with unrestricted reserves at £68,049 and an endowment fund of £484,888. The trustees report that the charity is in a sound financial state, noting that investment income continues to provide resources even if voluntary income fell. The charity has no employees and relies on voluntary work for its operations.
What the accounts disclose
“Having a substantial and increasing endowment means that there is no requirement for the charity to maintain a separately identified reserve.” — page 8
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
Trustees
- Daniel George
- Dr Matthew Bowen Wingate
- david william wright
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £51k | £38k |
| 31/07/2024 | £58k | £39k |
| 31/07/2023 | £51k | £20k |
| 31/07/2022 | £34k | £16k |
| 31/07/2021 | £16k | £24k |
Common questions
Is BILLYGOATS SOCIETY financially healthy?
Per its FY2025 accounts: The accounts state that total funds rose to £552,937, with unrestricted reserves at £68,049 and an endowment fund of £484,888. The trustees report that the charity is in a sound financial state, noting that investment income continues to provide resources even if voluntary income fell. The charity has no employees and relies on voluntary work for its operations. Its FY2025 accounts were independently examined.