THE CUBC ROWING CHARITABLE FUND
Advancement of amateur sport of representative rowing at Cambridge University and advancement of sports education for representative rowing at Cambridge University for the public benefit
Objects
THE TRUSTEES SHALL HOLD THE TRUST FUND UPON TRUST TO APPLY THE INCOME, BUT NOT THE CAPITAL, FOR THE FOLLOWING EXCLUSIVELY CHARITABLE PURPOSE ONLY:FOR THE PUBLIC BENEFIT, THE ADVANCEMENT OF THE AMATEUR SPORT OF ROWING AT THE UNIVERSITY OF CAMBRIDGE (THE 'UNIVERSITY') BY THE PROVISION OF, OR ASSISTANCE IN THE PROVISION OF, FACILITIES AND EQUIPMENT FOR THE PARTICIPATION IN THE SPORT OF ROWING, AND BY PROMOTING THE PHYSICAL EDUCATION OF THOSE ATTENDING THE UNIVERSITY.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a surplus of £537,609 for the year ended 31 July 2025, with total net assets increasing to £5,025,217. Per the trustees' report, free reserves stood at £14,034, which are held for periods of uncertainty regarding the overall funding position. The trustees consider the going concern basis appropriate, citing sufficient reserves and expected investment income to meet financial obligations for the next 12 to 18 months.
What the accounts disclose
“The charity intends to retain at all times sufficient funds to ensure that it can meet the Objects of the charity.” — page 3
Policies the charity declares
- Complaints handling
- 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
- Investment
- Risk management
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/07/2025
- Volunteers: 1
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/07/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/07/2023
- Volunteers: 3
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 4 annual returns with a recorded received date, 2 were received after the due date: year ending 31/07/2023 (received 06/08/2024, 67 days after the 31/05/2024 due date); year ending 31/07/2022 (received 14/06/2024, 380 days after the 31/05/2023 due date).
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Mark Sorrell
- Nicholas Bliss
- Sarah Winckless MBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £690k | £326k |
| 31/07/2024 | £1.2m | £5k |
| 31/07/2023 | £635k | £94k |
| 31/07/2022 | £2.7m | £14k |
Common questions
Is THE CUBC ROWING CHARITABLE FUND financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a surplus of £537,609 for the year ended 31 July 2025, with total net assets increasing to £5,025,217. Per the trustees' report, free reserves stood at £14,034, which are held for periods of uncertainty regarding the overall funding position. The trustees consider the going concern basis appropriate, citing sufficient reserves and expected investment income to meet financial obligations for the next 12 to 18 months. Its FY2025 accounts were audited by Chater Allan LLP.
Who funds THE CUBC ROWING CHARITABLE FUND?
Funders whose own accounts filings name THE CUBC ROWING CHARITABLE FUND as a grant recipient include THE ANGLO-AMERICAN CHARITY LIMITED.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ANGLO-AMERICAN CHARITY LIMITED | FY2022 | £26k | |
| THE ANGLO-AMERICAN CHARITY LIMITED | FY2023 | amount not stated |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ULBC TRUST LIMITED | 1 | £215k |
| THE DERBYSHIRE ENVIRONMENTAL TRUST LIMITED | 1 | £40k |
| BRITISH ROWING CHARITABLE FOUNDATION | 1 | £20k |
| THE ASTOR FOUNDATION | 1 | £2k |
| WATES FAMILY ENTERPRISE TRUST | 1 | £500 |
Charities like this
- BRITISH ROWING CHARITABLE FOUNDATION
- THE THAMES ROWING CLUB CHARITABLE TRUST
- ULBC TRUST LIMITED
- PETERBOROUGH CITY ROWING CLUB
- CURFU
- ROYAL CANOE CLUB TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CUBC ROWING CHARITABLE FUND | £690k | — | 0 | unclear | — | no doubt |
| BRITISH ROWING CHARITABLE FOUNDATION | £235k | — | 0 | below | — | no doubt |
| THE THAMES ROWING CLUB CHARITABLE TRUST | £48k | — | 0 | unclear | — | no doubt |
| ULBC TRUST LIMITED | £219k | — | 0 | above | — | no doubt |
| PETERBOROUGH CITY ROWING CLUB | £249k | — | 0 | unclear | — | no doubt |
| CURFU | £68k | — | 0 | above | — | no doubt |