BRITISH ROWING CHARITABLE FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £27,517 for the year ended 31 March 2024, with total income of £133,476 and expenditure of £105,959. However, the trustees report that unrestricted reserves are in a deficit of £61,014, which is below the stated policy target of six months' running costs. The going concern assessment notes that future activities depend on sufficient financial donations and potential support from the parent company, British Rowing Limited.
What the accounts disclose
“Reserves, had a deficit of £61,014 (2023: £17,080). The trustees have considered the need for reserves to be maintained by the charity and have concluded that an appropriate reserves level is to hold an amount equivalent to six months of running costs. The plan is to increase unrestricted reserves over the next few years up to the target level.”
“Support will be provided by the parent company, British Rowing Limited, if required.” — page 7
Corporate structure
- Registered company of the charity Companies House 11490809
Trustees
- Anne Buckingham
- CATHERINE JANE BISHOP
- Clare Siobhan Glackin
- ELLEN FRANCES BUTTRICK
- Hugh Dudley Valentine Elwes
- NICHOLAS CHARLES THOMAS STEEL
- Phillippa Lennox-King
- Roger William Bayly
- Sally Jane Crabb
- Sally Mary Corander
- Sebastian Alexander Sundance Walker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £235k | £193k |
| 31/03/2024 | £133k | £106k |
| 31/03/2023 | £196k | £152k |
| 31/03/2022 | £70k | £94k |
| 31/03/2021 | £19k | £48k |
Common questions
Is BRITISH ROWING CHARITABLE FOUNDATION financially healthy?
The accounts state that the charity reported a surplus of £27,517 for the year ended 31 March 2024, with total income of £133,476 and expenditure of £105,959. However, the trustees report that unrestricted reserves are in a deficit of £61,014, which is below the stated policy target of six months' running costs. The going concern assessment notes that future activities depend on sufficient financial donations and potential support from the parent company, British Rowing Limited. Its FY2024 accounts were independently examined.
Who funds BRITISH ROWING CHARITABLE FOUNDATION?
Funders whose own accounts filings name BRITISH ROWING CHARITABLE FOUNDATION as a grant recipient include THE ASTOR FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE ASTOR FOUNDATION | FY2025 | £2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROGER DE HAAN CHARITABLE TRUST | 1 | £534k |
| THE ANGLO-AMERICAN CHARITY LIMITED | 1 | £26k |
| THE BATCHWORTH TRUST | 1 | £15k |
| THE ROGER RAYMOND CHARITABLE TRUST | 1 | £10k |
| The Caledonia Investments Charitable Foundation | 1 | £3k |