ISLINGTON BOAT CLUB
Watersports, Youth Club, Schools canoeing
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating surplus of £9,554, increasing its free reserves to £23,915. The trustees have established a five-year plan to rebuild unrestricted reserves to a target of £60,000, which they consider sufficient to cover six months of fixed costs. The charity confirmed it is a going concern with no material uncertainties affecting its ability to continue operations.
What the accounts disclose
“rebuild reserves over 5 years to the desired level of £60,000 which would be enough to cover approximately 6 months of fixed costs.” — page 2
Property (HM Land Registry)
Trustees
- Kenneth Eric Sorensenchair
- Dame Colette Bowe
- Filippo Gaddo
- Maria Brands Savage
- Richard William Millard
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £190k | £187k |
| 31/03/2024 | £169k | £195k |
| 31/03/2023 | £169k | £197k |
| 31/03/2022 | £224k | £295k |
| 31/03/2021 | £233k | £213k |
Common questions
Is ISLINGTON BOAT CLUB financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an operating surplus of £9,554, increasing its free reserves to £23,915. The trustees have established a five-year plan to rebuild unrestricted reserves to a target of £60,000, which they consider sufficient to cover six months of fixed costs. The charity confirmed it is a going concern with no material uncertainties affecting its ability to continue operations. Its FY2025 accounts were independently examined.
Who funds ISLINGTON BOAT CLUB?
Funders whose own accounts filings name ISLINGTON BOAT CLUB as a grant recipient include E B M CHARITABLE TRUST, THE JOHN R. MURRAY CHARITABLE TRUST, LLOYD'S REGISTER FOUNDATION, THE BATCHWORTH TRUST, JOHNNIE JOHNSON TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| E B M CHARITABLE TRUST | FY2022 | £40k | |
| E B M CHARITABLE TRUST | FY2025 | £25k | Grant paid to institution |
| E B M CHARITABLE TRUST | FY2023 | £25k | |
| THE JOHN R. MURRAY CHARITABLE TRUST | FY2024 | £20k | Advancement of amateur sport |
| E B M CHARITABLE TRUST | FY2024 | £14k | |
| LLOYD'S REGISTER FOUNDATION | FY2023 | £10k | World Risk Poll into Action funding |
| THE BATCHWORTH TRUST | FY2022 | £8k | |
| JOHNNIE JOHNSON TRUST | FY2021 | £5k | |
| JOHNNIE JOHNSON TRUST | FY2022 | £5k | |
| THE GEOFF & FIONA SQUIRE FOUNDATION | FY2022 | £5k | |
| CHARLES S FRENCH CHARITABLE TRUST | FY2022 | £3k | |
| JOHNNIE JOHNSON TRUST | FY2023 | £3k | |
| BARCHESTER HEALTHCARE FOUNDATION | FY2021 | £1k | Programme of activity sessions for this charity aiming to improve life for people isolated in the Outer Hebrides. |
| THE VLM FOUNDATION | FY2025 | £1k | |
| CRIPPLEGATE FOUNDATION | FY2023 | £500 | Islington Giving Make it Happen Fund Grants |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 04/06/2026 | £184k | Islington Boat Club |
| The National Lottery Community Fund | 02/04/2026 | £19k | Holiday Youth Scheme |
| The National Lottery Community Fund | 22/12/2021 | £18k | The Estuary Project |
| Sport England | 16/08/2021 | £9k | COVID19 Return to Play |
| The National Lottery Community Fund | 07/05/2021 | £10k | Islington Boat Club - Back On Board |
| Sport England | 26/05/2020 | £5k | COVID-19 CEF |
| Sport England | 05/09/2019 | £3k | Upperdeckers - Never too old |
| City Bridge Foundation | 25/07/2019 | £55k | Grant to Islington Boat Club |
| The National Lottery Community Fund | 13/10/2016 | £5k | IBC |
| City Bridge Foundation | 04/05/2016 | £3k | Eco audit to Islington Boat Club |
| City Bridge Foundation | 18/03/2016 | £82k | Grant to Islington Boat Club |
| The National Lottery Community Fund | 06/01/2016 | £10k | Awards for All Islington Upperdeckers |
| Sport England | 04/12/2015 | £5k | All Aboard |
| Sport England | 12/10/2015 | £1k | Modernisation of Islington Boat Club (IBC) |
| The National Lottery Community Fund | 15/10/2014 | £10k | IBC Self Defence classes |
| Sport England | 15/07/2014 | £10k | Sail Away |