NORWICH ROWING CLUB
Operating as a rowing club, providing opportunities and the provision of boats and equipment and organisation for the sport of rowing and related activities for the inhabitants, members and others, of Norwich and its environs. The club operates from Whitlingham Boathouses, Norwich, is affiliated to British Rowing. Members row for competition and recreation.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £3,373 for the year, resulting in a decrease in total funds from £141,705 to £138,332. The trustees maintain a reserves policy to retain minimum free cash reserves of £10,000, and the actual free reserves of £27,365 are above this target. The trustees confirm that the charity has adequate resources to continue operational existence for the foreseeable future.
What the accounts disclose
“The policy of the Club is to retain minimum free cash reserves of £10,000.” — page 5
“The Club is a founding member of Whitlingham Boathouses Foundation Limited ("WBH") and retains the entitlement to appoint a Trustee of WBH. The Club occupies part of the boathouse and adjacent facilities owned and managed by WBH, and contributes to the operating costs of these facilities, on a shared cost basis with the other founding members of WBH. During the year, the Club incurred expenditure of £27,163 (2024 - £22,198) relating to WBH and the shared operating costs. At the reporting date, £2,083 (2024 - £14,829) remained payable to WBH and has been included in creditors falling due within one year, note 14.” — page 19
Trustees
- Richard Povey
- Sarah Lister
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £78k | £82k |
| 31/08/2024 | £70k | £71k |
| 31/08/2023 | £70k | £52k |
| 31/08/2022 | £0 | £0 |
| 31/08/2021 | £0 | £0 |
Common questions
Is NORWICH ROWING CLUB financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £3,373 for the year, resulting in a decrease in total funds from £141,705 to £138,332. The trustees maintain a reserves policy to retain minimum free cash reserves of £10,000, and the actual free reserves of £27,365 are above this target. The trustees confirm that the charity has adequate resources to continue operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 24/06/2020 | £2k | COVID-19 CEF |
| Sport England | 05/09/2019 | £10k | Womens progression project |