REGISTERED COMPANY NUMBER: 02615065 (England and Wales)
REfj15TERED CHARITY NUMBER: 1029007
e Trustees and
naudtted F5nancral Statements for the
2021
donN
rr
ati
IIIIIIIMIII
*AAKIXBPU*
2411212021
COMPANIES HOUSE
A07
#75
Lee Accounting servI￿s 2018 Limited
Trading as Lee & Co
Chartered AcccMJntants
26 High Street
Rickmansworth
Hertfordshire
WD3 IER

on
boats Ass
fth Fin
nts
h202
Report of the Trustees
Independent Exarniner's Report
Statement of Ftnancial Activitie5
Balance Sheet
Note5 to the Financial Statements
8 to 14
Detailed Statement of Financial Actiwties
15 to 16

rr
Association
Re
ort of the Trustees
for the Y
rEn
l M rch 2021
The trustees who are also directors of the tharity for the purposes of the Companie5 Act 2006, present
their report wtth the financial statements of the ch3rrty for the year ended 31 Maich 2021. The trustees
have adopted the provisions of Accounting and ReportirE by Charities-. Statement of Recommended
Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reportin8
Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20191.
OBJECTIVES AND ACtivmES
Objecli¥e5 and aims
The objectives for which the Association 15 established are-
To provide educational opportunities for young people. schools and cornmunity groups in the London
Borough of Hillingdon and the surrounding area5 on the narrowboats:
To provide or assist in the provision of facilities to inhabitants of the London Borough of Hillingdon and
elsewhere so that their condition5 of life may be improved.
ACHIEVEMENT AND PERFORMANCE
HNA ha5 continued to irffer affordable narrowboaring to youth & comrnunity groups within the borough
and surrounding areas. We held four trainin8 courses. giving thirty individuals an opportunity to obtain
their Certificate in Community Boat Management IC8BMI or Boat Handling iertificates. This has given us a
larger pwl of steerer5, allowing us to provide more midweek trips during the sumrner Months, mainly to
groups of elderly and disadvantaged people.
We hold volunteer day5, weekly on a Tuesday and on the first Sunday of each month. People help with
various jobs. such as painting and other maintenance of our boats. woodwork. cleaning aTrJ other tasks
around our fleet. premises and the canalside area we have adopted.
We have hosted groups of ywn8 offenders who have helped paint our local lock furniture and fencing and
perform other maintenance tasks a5 Part of their community service pro8rarnmÈ.
FINANCIAL REVIEW
The Association's statement of financial artiwties sh[￿ed a defficit of £27.065 12020= surplus of £22,6591.
As at 31 March 2021 the unrestricted funds stocwj at £66.226 12020= £85,760) and the restricted funds
stood at E5.97512020.. £5,795).
FUTURE PLANS
We are working to expand our client base both by word af mouth and by contarting more special needs
8roups via the local ccwjncil. We plan to offer narrowboat expersences to families with a disabled member
to give them short breaks enjoying the waterways. We are working with the Xeroderma Pigment95um
sooety to adapt one of our boats to be suitable for"sufferers with this photosensitivty disorder.
We als& intend to increase the number of five day trips we offer to thjke of Edinburgh's Gold Award
candidates.
STRUCTURE. GOVERNANCE AND MANAGEMENT .
Go¥erning document
The charity was established under the Memorandum and controlled by its Artides of A$50Clation, af)d
constitutes a limited company. lTrmited by guarantee, incorporated on 28 May 1991 as amended by a
special re501ution on 12 Ottcl)er 1993.
Page I

ow
tees
forth Y
REFERENCE ANO ADMINISTRATIVE OEfAILS
Réglstered Company number
02615065 (England and Walesl
Registered Charity number
1029007
kegistèred office
The Boat House
Summerhouse lane
Harefield
Uxbridge
Middle5ex
UB9 6HX
Trustees
Mrs A Danie15
Mrs L Grainger (resigned 28.6.201
A Holland (resigned 4.1.211
P C Huntley
A E Steel (resigned 31.5.201
G H Griffiths
Mrs L A GrifFiths
B J Banks
Mrs K Robinson
D Yeo Irestgned 30.8.201
D Wright
Ms O Smith
Mrs M Walsh Treasurei
Company Seuetary
B J Banks
Indepentht Examiner
John D Lee FCA
Lee Accountin8 Servi￿$ 2018 ￿M[ted
Trading as Lee & Co
Chartered Aecountznts
26 High street
Rickmansworth
HertfcKdshire
W03 IER
Website
https.'//hillin8don-narrowboats.org.ukl
22nd D￿mber 2021
Approved by order of the board of trU￿ee5 on................
- and signed on its behalf by..
Page 2

éon Narrowb03ts Association
Re
ort f the Tr stees
for the Year Ended 31 March 2
Madhurika Walsh
Mr5 M Walsh-Trustee
Page 3

nde
en
ent ExamirtÈr'
Re
orttotheT
rr
Independent examinerfs report to the trusteesof HIllit￿don Narrowboats Assodatlon I'the Company'l
I report to the charity trustee5 on my examination of the accounts of the Company for the year Ènded
31 March 2021.
Re5pgnsibilities and basls of report
As the charity's trustees of the Company land also its directors for the purposes of company lawl you are
responsible for the preparation of the accounts in accordance With the requirements of the Companies Att
20061'the 2(#)6 Act'l.
Having satisfied myself that the accounts of the Company are not require(I to be audited under Part 16 of
the 2006 Act and are eligible for independent exarnination. I report in respeu of my examination of your
charity's accounts as carried out under section 145 of the Charities Art 2011 I'the 2011 Art'l. In carrying
out my examination I have followed the Directions given by the Charity Commission under section 145151
Ibl of the 2011 Act.
Ir￿epe*￿lent examlner's ststement
I have tompleted my examination. I confirm that no matters have come to my attention in connection with
the examination giving me cause to believe=
accounting records were not kept in respert of the Company as requi￿ by section 386 of the 2(XJ6
Att,. or
the accounts do not accord wfth those records.. or
the account5 do not compty with the accounting requirements of settK)n 396 of the 2006 Act other
than any requirement that the accounts give a tnje and fair view which is not a matter considered as
part of an independent examination: or
the accounts have not been prepared in accordance wth the methods and principles of the
Statement of Recommended Pvactite for accounting and reporting by charities lapplicable to
charities preparing their accounts in xcordance with the Financial Reporting Standard èpplicèble in
the UK and Republic of Ireland IFRS 10211.
I have no concerns and have come across no other matters in connertion with the examination to whbch
attention should be drawn in thts report in order to enable a proper understanding of the accotsnts to be
reached.
John D Lee FfA
Lee Accounting Services 2018 Limite(I
Trading as Lee & Co
Chartered Accour*taftts
26 High Street
Rickmansworth
Hertfordshire
WD3 IER
Date..
Page 4

don Narrowboats As50ciati(
Statement of Finan
ivitiès
for
h Year Ended 31 March 2021
31.3.21
Total
funds
31.3.20
Total
funds
Unrestricted
fund
Re5triLted
funds
Note5
INCOME AND ENDOWMENTS FROM
Donation5 and leBa¢ies
13.705
11.250
24.955
40,149
Other traifing actiwties
Investment income
14288
14.288
$4,652
15
Totsl
28.(W)I
11.250
39.251
94,816
EXPENDITURE ON
Raising funds
25.345
18.781
44.126
48.449
Other
22.1￿>
22,1
23,708
Total
47.535
18.781
66.316
72.157
NEf INCOMEIIEXPENOITURE)
(19.534)
(7.5311
127J)651
22.659
RECONCILIATION OF FUNDS
Totsi funds brought fotrward
85.760
13.326
76,427
TOTAL FUNOS CARRIED FORWARD
66,226
5.795
72.021
99,086
The note5 form part of these financial statements
Page 5

oats
ation
Balance Sheet
31.3.21
rotal
funds
31.3.20
Total
funds
Unrestricted
fund
Rettrirted
funds
Notes
FIXED ASSETS
Tangible assets
io
34.643
4S,347
CURRENT ASSETS
Stctks
Debtors
Cash at bank and in hand
li
12
2,110
17.343
27.114
2.110
18,788
31.464
946
8.349
49.698
1.445
4,350
46567
5,795
51362
58,993
CREDITORS
Amounts falling due within one year
13
114.984)
114.984)
15.2541
NET CURRENT ASSETS
31583
5.795
37.378
53.739
TOTALASSETS LESS CURRENT LIABILITIES
66.226
5.795
72.021
99.086
NET ASSETS
66.226
5.795
72.021
99,086
FUNDS
Unrestrirted funds
Restricted funds
14
66.226
85,760
13,326
TOTAL FUNDS
72.021
99.086
The Charitable company is entitleil to exemption frL•n audit under Settion 477 of the Companies Act 2¢X16
for the year ended 31 Morch 2021.
The rnembers have not required the cornpany to obtsin an audit of its finanoal statements for the year
ended 31 March 2021 in accordance with Section 476 of the Companies Act 2(M)6.
The trustees acknowledge their responsibilities for
ensuring that the charitable company keeps accountlng records that comply with Sections 386 and
387 of the Companies Acr 2￿6 and
preparing financial statements which give a true and fair view of the stste of affairs of the tharitable
company as at the end of each financial year and of rts surplus or deficit for each financial year in
accordance wth the requirements of Sertions 394 and 395 and which otherwise comply with the
requirements of the Companies Act 2CO6 relatir% io finantial statements. so fai as applscable to the
charitable company.
The rKJtes form part of these financial siatements
Pa8e 6
continued...

don Nariowboa
Balance Sheet- continu
31M h2021
These financial statements have been prepared in accordance with the Pfowsions applicable to charitable
companie5 Subject to the small companies regime.
The finanoal statements were approved by the Board of Trustees and authorised for issue on
22nd December 2021
and were signed on its behalf by=
Madhurika Walsh
M Walsh - Trustee
The notes form part of these financial statements
Page 7

on NaTrow
Not
he Financi
e Year En
1 Stateme
March 2021
ACCOUNTING POLICIES
Basis ol preparingthè financial statements
The financial statements of the charitable t¢Mnpèny. which is a public benefit entity under FRS 102.
have been prepared tn accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by
Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordonce with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 (effective l January 20191.. Financ+al Reporting Standard 102 'The Financial Reporting "Standard
applicable in the UK and Republic of Ireland. and the Companies Att 2L¥J6. The financial statements
have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of FinarKial Artiwties once the charity has entitlement to
the funds. it is probable that the income will be received and the amount can be measured reliablv.
Expendithre
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charty to that expendr(ure. it is probable that a transfer of economic benefits will be
required in settlement and the arnount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings that aggregate all cost
related to the category. Where costs cannot be dirertly attributed to particular head¢n8s they have
been all¢xate(I to artivities on a ba￿S consistent wth the use ol ￿sourCes.
Tangible fixed assèts
Depreciation is provided at the follomng annual rates in order to wrtte off each asset over its
e5tirnated useful life.
Plant and machinery
25% on c05t and IO% on cost
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.
St(xks include fuel held in storage lank and on board narrowboats.
T•xotion
The charity is exempt from corporation tax on its charitable artiwtiÈ>
Fund accountlng
Unrestrirted funds can be used in accordance with the charitable objertives at the discretion of the
trustees.
Restricted funds can only be used for particular ￿trIcted purposes within the objects of the charitv.
Restrictions arise when specrfied by the donor or when funds are raised for particular restricted
purposes.
Further explanation ol the nature and purpose of each fund is induded in the note5 to the ftnancial
statement5.
Page 8
continued...

don Narrowbo
ciation
Notes to the Financi31 Statements- c
for
he Year Ended
l March 20
ACCOUNTING POLlaES- continued
Government grants
Goveinrnent grants are accounted for undef the accruals basis.
Financial inslruments
Debtors
Short term debtors are meaSU￿d at transaction pri￿. less any impaim)ent. Loans receivable are
measured initially at fair value. net of transaction costs. and are measured subsequently 8t
amorrised cost using the effective interest meih¢)J. less any irnpairment.
Creditors
Short term tra(le creditors are MeaSu￿d at the transartion pri￿. Other financial liabilities. including
bank loans. are measured instially at fair value. net of transaction costs, and are measured
subsequèntly at amortised tost u*ng the eflective interest method.
DONATIOthIS ANO LEGACIES
31.321
31.3.20
Donaiions
tirant5
1,109
23.846
40.149
24,955
40.149
Grants received. included in the above. a￿ as follows:
31.321
31.3.20
Other grants
23.846
Included within grants received are £12,096 of local aLrthority coronavirus grants.
OTHER TRADING ACTIVITIES
31.3.21
31.3.20
Fundraisin8 events
Reg
Theo
Pisces
Star
12.059
5,050
7,080
4,290
7,311
5.995
9.035
2,970
862
2,110
120
erlin
Courses
Other income
9.298
14,288
54,652
Page 9
continued...

arrowbo
ociation
Notes to the Fin
ncial Stat
r Ended
men
21
tinu
INvEsTMETr￿ INCOME
31.3.21
31.3.20
Deposit account interett
15
SUPPORT COSTS
Governance
Costs
Management
Finan
Other
Totals
Other resources
expended
9,742
22,190
INCOMEIIEXPENDITURE)
Net intomellexpenditurel is stated after chargingllcrediting)..
31.3.21
31.3.20
Depreciation - owned assets
10.704
10.722
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, fernuneration or other ber￿fItS for the year ended 31 March 2021 nor for
the year ended 31 March 2020.
Trusie¢s' èxpen5èS
There were no tru5tees' expenses paid for the year ende(1 31 March 2021 nor for the year ended
31 March 2020.
STAFF COSTS
The average Monthly number of employees during the year was as follows".
31.3.21
31.3.20
No employees re￿Ved emoluments in excess of£60.((i).
Page 10
continued...

rr
ats Association
es to the Financial Statements- continued
r th Year Ende
31 March 2021
OMPARATIVES FOR ThE STATEMENT OF FINANCIALAcnviTIES
Unrestricted Restricted
fund
funds
Total
fvnds
INCOME AND ENDOWMENTS FROM
Donations and legacies
27.649
12.5CKJ
40,149
Other trading artivities
Investment income
54,652
15
54.652
15
Total
82.316
12,5CKI
94.816
EXPENDITURE ON
Raising funds
47.830
619
48,449
Other
23,708
23,708
Total
71.538
619
72,157
NET INCOME
10.778
11,881
22,659
KECONCIUATION OF FUNDS
Total funds brou8ht fora¥ard
74.982
1.445
76.427
TOTAL FUNDS CARRIED FORWARD
85.760
13,326
99,086
io.
TANGIBLE FIXED A￿ET5
Plant and
machinery Narrowboats
Totals
COST
At l April 2020 and 31 March 2021
21.885
106.5(
128.385
DEPRECIATION
At l April 2020
Charge for year
21.671
61,367
10.650
83.038
10.704
At 31 March 2021
21.725
72.017
93.742
NET aooK VALUE
At 31 March 2021
160
34.483
34.643
At 31 March 2020
214
45.133
45,347
Pa8e 11
continued...

d n Narrowboat5 As50ciat'
Notes to th Financial Statements - c
for th
r Ended 31 March 2021
in
ii.
STOCKS
3L321
31.3.20
Stocks
2,110
946
12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.321
31.3.20
Trzde debtors
Other debtors
Inter fund balances
Prepayments and accrued income
11.685
1.307
1,445
4,351
S,425
1,445
1,479
18.788
8.349
CREDITORS: AMoup¥fs SALUNG DUE WITHIN ONE YEAR
31.3.21
31.3.20
Trade creditors
Inter fund balances
Accrued expenses
Deferred incorne
3.662
1.445
1.897
7.980
818
1,445
1,791
1.200
14.984
5,254
14.
MOVEMENT IN FUNDS
Net
movement
in fvnds
At
31.3.21
At 1.4.20
Unrestrirted funds
General fund
85.760
119.5341
66.226
Restrl¢ted funds
Eddy Warburton Memorial Fund
Theo Refurb Project
1.445
IL881
1,445
4.350
17.5311
13.326
17.5311
5.795
TOTAL FLIND5
{27.0651
72.021
Page 12
continued...

n Narrowboats Association
Not s to the Financial Statements- continued
for the Y
ar Ended 31 March 2021
14.
MOVEMENT IN FUNDS- continued
Net movement lil funds, inclLKled in the above are as follow5.'
Incomin8
resources
Resources
expended
Movement
in funds
Unrestrlrted funds
General fvnd
18.001
147.5351
119.5341
Restricted funds
Theo Refurb Project
11.250
118.7811
17.5311
TOTAL FUNOS
39,251
1663161
127.0651
Comparati¥ès lor mtr4ern¢nt in fvnds
Net
movement
in funds
At
31.3.20
At 1.4.19
Unrestrirted fvnds
General fund
74.982
10.778
85,760
Restricted funds
Eddy Warburton Memorial Fund
Theo Refurb Project
1.445
1.445
11.881
11,881
1.445
11.881
13.326
TOTAL FUNDS
76.427
22.659
99,086
Comparative net movement in fund8 Fnduded in the above are 35 follows..
Incoming
resources
ResoL*rces
expended
Movement
in funds
UnrÈstrirted funds
General fund
82.316
171.5381
10,778
Restrlcted funds
Theo Refurb Project
12,5
16191
11.881
TOTAL FUNDS
94.816
172.1571
22,659
Page 13
continued...

donN
rrow
t Associatron
Notes t the Financial Stat
for the Ye
rEn
l Marrh 2021
- contin
15.
RELATEO PARTY DISCL05URES
Trustees. remuneration and benefits for the year ended 31 March 2021 were £4.26512020: £7.8001.
Trustees. expenses paid for the year ended 31 March 2021 We￿ £30312020.. £2,286).
16.
ULTIMATE CONTROWNG PARTY
The trustee'5 do not believe there is an ultimaie cth)trolling party.
Page 14

don Narrowb
Detailed Statement of Financial A
for the Year Ended 31 March 20
31.3_20
INCOME At40 ENDOWMENTS
Donations and legacies
Donations
Grants
1.109
23.846
40,149
24.9SS
40.149
Other tradlng actlvllles
Fundraising events
12,059
5.050
2.110
Theo
Pl$￿5
Star
Spirit
Medin
Courses
Other income
120
4.290
7.311
5.995
9,035
2,970
862
960
9.298
14.288
54.652
Investment income
Deposit account interest
15
Total incoming resources
39,251
94.816
EXPENDITURE
Ralslng donatlons and legacles
Running costs
Narrowboat maintenance
Labour costs- contractors
7.a77
20.276
16.473
27,446
1.983
19,020
44.126
48.449
Support costs
Management
Insurance
Light and heat
Telephone
Carried forward
1,537
2,066
2.834
6,437
3.398
7.650
This page does not form part of the statut¢yy financial statements
Page IS

onN
rrow
s Asso
il d Statement f Fin
he Year Ended 31 M
l Activi
31.3.21
31.3.20
Management
Brought forward
Sundries
Administration costs
Repairs and Teftewals
7.650
141
1.278
673
6,437
930
2.852
1,088
9.742
11.307
Finance
Bank charges
Other
Plant and machinery
10,704
10,721
Govemance costs
Accountancy fees
1.680
Total resources expended
66.316
72,157
Net {expendlturellincome
127.065)
22,659
This page does not forrn part of the statutory finanoal statements
Page 16