WARGRAVE AND SHIPLAKE REGATTA
The promotion of community participation in healthy recreation for the benefit of the public by the provision of traditional Thames river craft, equipment and resources to enable people to learn how to row, skull, punt and / or paddle and to practice these skills and to hold a regatta.
Objects
THE PROMOTION OF COMMUNITY PARTICIPATION IN HEALTHY RECREATION FOR THE BENEFIT OF THE PUBLIC BY THE PROVISION OF TRADITIONAL THAMES RIVER CRAFT, EQUIPMENT AND RESOURCES TO ENABLE PEOPLE TO LEARN HOW TO ROW, SKULL, PUNT AND / OR PADDLE AND TO PRACTICE THESE SKILLS AND TO HOLD A REGATTA.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a pre-tax loss of £20,164 for the year ended 31 December 2024, driven by increased expenditure on boat repairs and maintenance. Despite this operational deficit, the charity holds unrestricted funds of £124,832, which exceeds its stated policy target of maintaining general reserves above £5,000 and a boat reserve of £10,000.
What the accounts disclose
“Annual regatta 43,171” — page 10
“In December 2012, the trustees agreed that the general reserves should not be allowed to drop below £5,000 and the boat reserve should be maintained at £10,000 for the regular maintenance and repair of the fleet.” — page 6
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Carlton Barnardchair
- David Paddison
- Holly Green
- TIMOTHY SIMMONDS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £80k | £100k |
| 31/12/2023 | £81k | £83k |
| 31/12/2022 | £72k | £84k |
| 31/12/2021 | £17k | £20k |
| 31/12/2020 | £22k | £21k |
Common questions
Is WARGRAVE AND SHIPLAKE REGATTA financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a pre-tax loss of £20,164 for the year ended 31 December 2024, driven by increased expenditure on boat repairs and maintenance. Despite this operational deficit, the charity holds unrestricted funds of £124,832, which exceeds its stated policy target of maintaining general reserves above £5,000 and a boat reserve of £10,000. Its FY2024 accounts were independently examined.