DEVIZES CANOE CLUB
The promotion of community participation in healthy recreation in particular by the provision of facilities for the sport of canoeing and kayaking.
Financial health, per its FY2025 accounts
The accounts state that the club held an operating surplus of £37,534 with unrestricted reserves of £27,645 at the end of the 2024/25 financial year. The trustees report that the club is in robust financial shape and maintains around one year’s operating costs in a general reserve. Membership income remained stable, while expenditure was similar to the previous year despite rising insurance costs, offset by reduced spending on premises and merchandise.
What the accounts disclose
“Membership income and the related boat storage income were at the same level as last year.” — page 7
“The club maintains around one year’s operating costs in a general reserve. Our restricted reserves included, at the end of the 2024/25 year, a £889 junior fund for the exclusive use of junior projects and bursaries and a facilities (property) reserve of £9,000. The club’s trustees plan to review the club’s reserve policies to assess whether the current property reserve is adequate or needs to be further built up over time.” — page 7
Property (HM Land Registry)
Trustees
- Andrew Park
- Christopher Jones
- Hannah Snowsill
- LindyAnne Ehrnroth
- MARK BOUCH
- Nick Poole
- Nick Prichard
- PAUL ANTHONY PAPWORTH-SMITH FCA
- SUE COLBY
- Simon Darling
- Trevor Hunter
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £46k | £27k |
| 31/03/2024 | £20k | £28k |
| 31/03/2023 | £23k | £28k |
| 31/03/2022 | £41k | £38k |
| 31/03/2021 | £27k | £16k |
Common questions
Is DEVIZES CANOE CLUB financially healthy?
Per its FY2025 accounts: The accounts state that the club held an operating surplus of £37,534 with unrestricted reserves of £27,645 at the end of the 2024/25 financial year. The trustees report that the club is in robust financial shape and maintains around one year’s operating costs in a general reserve. Membership income remained stable, while expenditure was similar to the previous year despite rising insurance costs, offset by reduced spending on premises and merchandise.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 23/06/2021 | £9k | COVID19 Return to Play |
| Sport England | 02/06/2020 | £3k | COVID-19 CEF |
| Sport England | 01/11/2019 | £10k | Capacity Building for Novice Paddlers |
| Sport England | 08/03/2017 | £22k | Clubhouse small scale improvements project |
| Sport England | 22/10/2014 | £5k | Devizes Canoe Club Development Project |
| Sport England | 30/04/2014 | £50k | Devizes Canoe Club Development Project |