GLOUCESTER BOATHOUSE LIMITED
Gloucester Boathouse Ltd will build, maintain and manage a new boathouse and associated facilities to primarily promote rowing and canoeing on the Gloucester-Sharpness canal. The new boathouse has been designated as British Rowing's regional centre for Adaptive Rowing - rowing for those with disabilities.
Objects
THE OBJECTS OF THE CHARITY (OBJECTS) ARE TO PROMOTE COMMUNITY PARTICIPATION IN HEALTHY RECREATION BY THE PROVISION OF FACILITIES FOR ROWING, CANOEING AND OTHER SPORTS THAT ARE CAPABLE OF PROMOTING HEALTHY RECREATION.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a surplus of £62,554 for the year ended 31 March 2025, with total unrestricted funds carried forward of £39,257. The trustees note that while free reserves were £11,788 at year-end, projections indicate a fall to £2,275 without a fee increase or use of the designated maintenance fund.
What the accounts disclose
“To protect against the possibility of other unexpected costs, the trustees aim to maintain free reserves of 15% of routine operational expenditure, approximately £7,300 for 2024/25 but projected to be £9,000 for 25/26. At the end of FY 24/25 there was £11,788 available but the current projection is that this will fall to £2,275 without a fee increase or use of the designated maintenance fund.” — page 5
“The charity trustee P Markey is also a director of Markey Construction Limited. During the year, Gloucester Boathouse purchased £Nil (2024: £1,168) of services from Markey Construction Limited. During the year Markey Construction Limited donated £2,000 to Gloucester Boathouse Ltd (2024: £Nil). At the year end amounts owing to Markey Construction Limited totalling £Nil are included within trade creditors (2024: £Nil). 22 Financial commitments, guarantees and contingent liabilities As at 31 March 2025 the Charity had an other financial commitment of £500,000 (2024: £500,000) that only becomes due should the Charity decide to sell the Freehold property for which certain grants have previously been received. There were no significant other financial commitments, guarantees or contingent liabilities as at 31 March 2025 (2024: £Nil). - 21 -” — page 24
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
Corporate structure
- Registered company of the charity Companies House 07982029 · Financial health read from its filings
Company officers (Companies House)
- DIBLEY, Robert Charles on trustee list
- TAYLOR, Michael John on trustee list
- GARNER, Jonathan Charles on trustee list
- MARKEY, Paul Francis not on trustee list
- ROSE, Stephen Douglas on trustee list
Property (HM Land Registry)
Trustees
- STEPHEN DOUGLAS ROSEchair
- JONATHAN CHARLES GARNER
- Michael John Taylor
- PAUL FRANCIS MARKEY FCA
- Robert Charles Dibley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £149k | £87k |
| 31/03/2024 | £181k | £87k |
| 31/03/2023 | £53k | £81k |
| 31/03/2022 | £108k | £63k |
| 31/03/2021 | £77k | £57k |
Common questions
Is GLOUCESTER BOATHOUSE LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a surplus of £62,554 for the year ended 31 March 2025, with total unrestricted funds carried forward of £39,257. The trustees note that while free reserves were £11,788 at year-end, projections indicate a fall to £2,275 without a fee increase or use of the designated maintenance fund. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 09/08/2021 | £42k | Boathouse renovation (2nd Floor) |
| Sport England | 10/08/2015 | £500k | Gloucester Boathouse Development |