Finance Score: -1

Governance Score: 7

Support Score: 8

Low unrestricted reserves: -2
Multiple Deficits: -2
Fundraising costs low: +3

No volunteer policy: -2
Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Grant maker support: +8

Overall GiG Score: 14

FULHAM REACH BOAT CLUB

The promotion of participation in rowing and the provision of facilities for rowing to all, particularly those who have not previously been able to access the sport and such facilities.

Analysis by Giving is Great

Positives:

The charity has received backing from multiple prominent grant makers recently
Spending has increased over the last 3 years relative to the previous period
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

Although this charity works with volunteers it does not have a Volunteer Management policy

Financial issues to consider:

Unrestricted reserves appear to be dangerously low at the latest year end
On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/08/23		£788	£1,029	£-240	£19	£1,574	£227	2.6	28	32
31/08/22		£793	£854	£-61	£18	£1,852	£559	7.9	28	12
31/08/21		£2,089	£738	£1,352	£13	£1,913	£620	10.1	24	3
31/08/20	*	£738	£823	£-85	£15	£520	£520	7.6	21	0
31/08/19		£844	£766	£77	£14	£604	£604	9.5	19	2
31/08/18		£927	£622	£305	£10	£527	£527	10.2	14	0
31/08/17		£435	£484	£-49	£0	£0	£0	n/a	0	0
31/08/16	*	£407	£418	£-11	£0	£0	£0	n/a	0	0
31/08/15	*	£116	£127	£-11	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 2.4%
Fundraising Costs/Total Spending: 1.8%
Senior Staff Costs/Total Spending: 8%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 4%
Liabilities/Income: 8%
Unrestricted Funds/Total Funds: 14%
Reserves/Spending: 2.6 months
Net Current Assets/Spending: 18 months
Quick Ratio: 15.8

Asset Split ?

Established: 9 years

www.fulhamreachboatclub.com

info@fulhamreachboatclub.com

02033567154

Charity Commission for England and Wales

Listed activities

Amateur Sport
Education/Training
Recreation
The Advancement Of Health Or Saving Of Lives

GiG Classification

Sports activities

How it operates

Provides services

Where it operates

Hammersmith And Fulham,

Who it helps

Children/Young People
The General Public/Mankind

Who works here?

28 employees
32 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

John Lyon's Charity	£119,500
London Marathon Charitable Trust	£40,000
National Lottery Community Fund	£10,000
Sport England	£7,700

Specific Donations

Amount	When Months	To be used for
London Marathon Charitable Trust - Improving Young Lives through Rowing and access to the River Thames
£40,000	30/08/2023	towards the extension of the State School Rowing programme running rowing sessions for 9 secondary schools, targeting young people from disadvantaged communities
National Lottery Community Fund - MH - FRBC Youth Watersports Activity Weeks
£10,000	04/08/2023	The funding will be used to offer rowing and kayaking workshops to young people. The project aims to help the community address the risk of antisocial behaviour through positive activities.
John Lyon's Charity - Uplift grant to Fulham Reach Boat Club
£7,000	11/01/2023	Cost-of-Living Uplift
John Lyon's Charity - Main grant to Fulham Reach Boat Club
£105,000	18/11/2021	Improving young lives through state school rowing
John Lyon's Charity - SHAF grant to Fulham Reach Boat Club
£3,750	01/06/2021	2021 Water Sports Week
Sport England - COVID19 Return to Play
£5,200	05/02/2021 4	Funding under Sport England's Return to Play - Small Grants funding programme for a Revenue project titled COVID19 Return to Play. This project lists its main activity as Rowing
Sport England - COVID-19 CEF
£2,500	26/05/2020 4	Funding under Sport England's COVID-19 Community Emergency Fund funding programme for a Revenue project titled COVID-19 CEF. This project lists its main activity as Rowing
John Lyon's Charity - SHAF grant to Fulham Reach Boat Club
£3,750	17/06/2019 12	Summer Water Sports Week
National Lottery Community Fund - Future Blues
£399,000	01/02/2019 36	Future Blues
St Paul's Schools Foundation - Grant to Fulham Reach Boat Club
£20,000	02/07/2018 10	Future Blues is aiming to open up rowing opportunities to all 52 state schools that border the Boat Race course, including Hammersmith Academy

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)

Current Trustees appointed

Gender Split

Age Range of Trustees: 49-71

CHARLES PRETZLIK Appointed: 2021, Occupation: Consultant

DAME SALLY COATES Appointed: 2022, Occupation: Director Of Secondary Education United Learning, Other trusteeship: TWINNING PROJECT,

DAVID FITZHERBERT (Chair) Appointed: 2014, Occupation: Company Director

MARK ELGAR Appointed: 2014, Occupation: Director/Trustee

RACHAEL HENSHILWOOD Appointed: 2018, Occupation: Fundraiser, Other trusteeship: LORD WANDSWORTH COLLEGE,

DAME LAURA LEE Appointed: 2020, Occupation: Company Director, Other trusteeships: MAGGIE KESWICK JENCKS CANCER CARING CENTRES TRUST ENGLAND, ROYAL FREE CANCERKIN BREAST CANCER TRUST,

Legal constitution

Charitable company registered in England & Wales on 26/05/2015, number: 1161813
Registered at Companies House on 18/02/2014, number: 08900584

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Complaints policy and procedures
Conflicting interests
Internal risk management policy and procedures
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Trustee conflicts of interest policy and procedures

Filing Record

9 returns made; AR20: 5 days late, AR16: 4 days late, AR15: 313 days late,

Main office

Unit A
Distillery Wharf
Chancellors Road
LONDON
W6 9GX

Objectives

THE OBJECTS OF THE CHARITY (THE “OBJECTS”) ARE: 1) THE PROMOTION OF COMMUNITY PARTICIPATION IN HEALTHY RECREATION IN PARTICULAR BY THE PROVISION OF FACILITIES FOR ROWING; AND 2) TO PROVIDE OR ASSIST IN THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE INFIRMITY OR DISABILITY, FINANCIAL HARDSHIP OR SOCIAL CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE.

Data Sources