LEA ROWING CLUB LIMITED
Promoting community participation in healthy recreation by the provision of facilities for rowing, sculling and other sports, for such persons who have need of such facilities by reason of their youth, age, infirmity or disablement, poverty or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving their conditions of life.
Financial health, per its FY2025 accounts
The charity holds unrestricted reserves of £422,759, which the trustees consider sufficient to maintain operations during funding drops, aligning with their policy of holding three to six months of expenditure. The accounts were subject to independent examination rather than audit, with the examiner reporting no matters requiring attention. The charity operates a wholly-owned trading subsidiary, Lea Events Limited, to support fundraising through its facilities.
What the accounts disclose
“is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure.” — page 4
“In February 2020 the charity incorporated a wholly-owned subsidiary trading company, Lea Events Limited (company number 12443966), to support funding raising arising from its facilities.”
Funders the charity credits
- Sport England
- Youth Experience in Sport
- The Colgan Foundation
- The Jack Petchey Foundation
- The Rowing Foundation
- Sportivate
- British Rowing Eastern Region
Property (HM Land Registry)
Structured financials (annual return, FY ending 30/09/2025)
Trustees
- David James Porterchair
- Antoinette Jucker
- Caroline Ruth Carson
- Charles Barry
- DONALD RICHARD NIVISON ELLIS
- Daniil Slavin
- Kate Elizabeth Gerrand
- Meta Angelina Versluijs
- Teresa Kwiecinska
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £528k | £492k |
| 30/09/2024 | £460k | £431k |
| 30/09/2023 | £533k | £487k |
| 30/06/2022 | £468k | £450k |
| 30/06/2021 | £292k | £293k |
Common questions
Is LEA ROWING CLUB LIMITED financially healthy?
Per its FY2025 accounts: The charity holds unrestricted reserves of £422,759, which the trustees consider sufficient to maintain operations during funding drops, aligning with their policy of holding three to six months of expenditure. The accounts were subject to independent examination rather than audit, with the examiner reporting no matters requiring attention. The charity operates a wholly-owned trading subsidiary, Lea Events Limited, to support fundraising through its facilities. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 22/06/2023 | £0 | COVID19 - Active Together (Crowdfunding) |
| Sport England | 30/05/2018 | £10k | Increasing Participation and Retention Rates |
| Sport England | 15/08/2016 | £10k | Increasing participation, preparing for the Rio 2016 effect |
| Sport England | 07/10/2015 | £400k | Redevelopment of Spring Hill Boathouse |
| Sport England | 29/11/2011 | £10k | Expanding capacity and improving performance at the Lea |