``` REGISTERED COMPANY NUMBER: 02615065 (England and Wales) REGISTERED CHARITY NUMBER: 1029007 ``` ``` Report of the Trustees and ``` ``` Unaudited Financial Statements for the Year Ended 31 March 2022 ``` ``` for ``` ``` Hillingdon Narrowboats Association ``` ``` Lee Accounting Services 2018 Limited Trading as Lee & Co 26 High Street Rickmansworth Hertfordshire WD3 1ER ``` ``` Hillingdon Narrowboats Association ``` ``` Contents of the Financial Statements for the Year Ended 31 March 2022 ``` ||`Page`| |---|---| |`Report of the Trustees`|`1 to 2`| |`Independent Examiner's Report`|`3`| |`Statement of Financial Activities`|`4`| |`Balance Sheet`|`5 to 6`| |`Notes to the Financial Statements`|`7 to 14`| |`Detailed Statement of Financial Activities`|`15 to 16`| ``` Hillingdon Narrowboats Association ``` ``` for the Year Ended 31 March 2022 ``` ## `Report of the Trustees` ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006, present theirreportwiththefinancialstatementsofthecharityfortheyearended31March2022.The trustees haveadoptedtheprovisionsofAccountingandReportingbyCharities:Statementof Recommended PracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ``` The objectives for which the Association is established are: ``` ``` -Toprovideeducationalopportunitiesforyoungpeople,schoolsandcommunitygroupsinthe London Borough of Hillingdon and the surrounding areas on the narrowboats; ``` ``` -ToprovideorassistintheprovisionoffacilitiestoinhabitantsoftheLondonBoroughofHillingdon and elsewhere so that their conditions of life may be improved. ``` ## **`ACHIEVEMENT AND PERFORMANCE`** ``` HNAhascontinuedtoofferaffordablenarrowboatingtoyouth&communitygroupswithinthe borough andsurroundingareas.Weheldtrainingcourses,givingindividualsanopportunitytoobtain their Certificatein CommunityBoat Management(CBBM)or Boat Handlingcertificates.This has given us a larger poolofsteerers,allowingus toprovidemoremidweektripsduringthesummermonths,mainlyto groups of elderly and disadvantaged people. ``` ``` Weholdvolunteerdays,weeklyonaTuesdayandonthefirstSundayofeachmonth.OntheSunday we providelunchandaboattripintheafternoon.Peoplehelpwithvariousjobs,suchaspaintingand other maintenanceofournarrowboats,woodwork,cleaningandothertasksaroundourfleet,premisesand the canalside area we have adopted. ``` ## **`FINANCIAL REVIEW`** ``` TheAssociation'sstatementoffinancialactivitiesshowedadeficitof£15,030(2021:£27,065).Asat 31 March2022theunrestrictedfundsstoodat£51,196(2021:£66,226)andtherestrictedfundsstood at £5,795 (2021: £5,795). ``` ## **`FUTURE PLANS`** ``` Weareworkingtoexpandourclientbasebothbywordofmouthandbycontactingmorespecial needs groupsvia the localcouncil.We nowhavea MarketingManagerand a new marketingstrategyto increase our advertisingand abilityto reach out to other communitygroups.Our disablednarrowboatSpirit is about to begin a refurbishment to offer better facilities and experience to disabled and disadvantaged people. ``` ``` Wewillcontinuewithoutpresenceatalllocalfestivalsprovidingboattripsandtoursofour historic narrowboat,Pisces.WeintendtocontinueworkingwiththeDukeofEdinburgh'sGoldAward candidates, after a long break due to the pandemic. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` ThecharitywasestablishedundertheMemorandumandcontrolledbyitsArticlesofAssociation, and constitutesalimitedcompany,limitedbyguarantee,incorporatedon28May1991asamendedby a special resolution on 12 October 1993. ``` ``` Page 1 ``` ``` Hillingdon Narrowboats Association ``` ## `Report of the Trustees` ``` for the Year Ended 31 March 2022 ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number`** ``` 02615065 (England and Wales) ``` ## **`Registered Charity number`** ``` 1029007 ``` ## **`Registered office`** ``` The Boat House Summerhouse Lane Harefield Uxbridge Middlesex UB9 6HX ``` ## **`Trustees`** ``` Mrs A Daniels P C Huntley Mrs E Griffiths (resigned 18.8.22) Mrs L A Griffiths (resigned 13.7.21) Mrs K Robinson D Wright Mrs M Walsh Treasurer R J Banks Paulden (appointed 30.5.22) A D Martin (appointed 30.5.22) ``` ## **`Company Secretary`** ``` P C Huntley ``` ## **`Independent Examiner`** ``` John D Lee FCA Lee Accounting Services 2018 Limited Trading as Lee & Co 26 High Street Rickmansworth Hertfordshire WD3 1ER ``` ## **`Website`** ``` https://hillingdon-narrowboats.org.uk/ ``` ``` Approved by order of the board of trustees on ............................................. and signed on its behalf by: ``` ``` ................................................................. Mrs M Walsh - Trustee ``` ``` Page 2 ``` ## `Independent Examiner's Report to the Trustees of Hillingdon Narrowboats Association` ## **`Independent examiner's report to the trustees of Hillingdon Narrowboats Association ('the Company')`** ``` IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended 31 March 2022. ``` ## **`Responsibilities and basis of report`** ``` Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)you are responsiblefor the preparationof the accountsin accordancewith the requirementsof the Companies Act 2006 ('the 2006 Act'). ``` ``` HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobe auditedunderPart16 of the2006Actandareeligibleforindependentexamination,Ireportinrespectofmyexaminationof your charity'saccountsascarriedoutunderSection145oftheCharitiesAct2011('the2011Act').In carrying outmyexaminationI havefollowedtheDirectionsgivenbytheCharityCommissionunderSection 145(5) (b) of the 2011 Act. ``` ## **`Independent examiner's statement`** ``` I have completedmy examination.I confirmthat no mattershave come to my attentionin connection with the examination giving me cause to believe: ``` `1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or` `2. the accounts do not accord with those records; or` `3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or` `4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be reached. ``` ``` John D Lee FCA Lee Accounting Services 2018 Limited Trading as Lee & Co 26 High Street Rickmansworth Hertfordshire WD3 1ER ``` ``` Date: ............................................. ``` ``` Page 3 ``` ``` Hillingdon Narrowboats Association ``` ## `Statement of Financial Activities` ## `for the Year Ended 31 March 2022` |`Unrestricted`
`Restricted`
`fund`
`funds`
`Notes`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`2`
**`14,398`**
**`-`**
`Other trading activities`
`3`
**`56,157`**
**`-`**
`Investment income`
`4`
**`3`**
**`-`**
**`Total`**
**`70,558`**
**`-`**
**`EXPENDITURE ON`**
`Raising funds`
`5`
**`85,588`**
**`-`**
**`NET INCOME/(EXPENDITURE)`**
**`(15,030)`**
**`-`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`66,226`**
**`5,795`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`51,196`**
**`5,795`**|**`31.3.22`**
`31.3.21`
**`Total`**
`Total`
**`funds`**
`funds`
**`£`**
`£`
**`14,398`**
`24,955`
**`56,157`**
`14,288`
**`3`**
`8`
**`70,558`**
`39,251`
**`85,588`**
`66,316`
**`(15,030)`**
`(27,065)`
**`72,021`**
`99,086`
**`56,991`**
`72,021`| |---|---| ``` The notes form part of these financial statements ``` ``` Page 4 ``` ## `Hillingdon Narrowboats Association` ## `Balance Sheet` ## `31 March 2022` |`Unrestricted`
`fund`
`Notes`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`11`
**`23,953`**
**`CURRENT ASSETS`**
`Stocks`
`12`
**`2,110`**
`Debtors`
`13`
**`35,306`**
`Cash at bank and in hand`
**`14,301`**
**`51,717`**
**`CREDITORS`**
`Amounts falling due within one year`
`14`
**`(24,474)`**
**`NET CURRENT ASSETS`**
**`27,243`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`51,196`**
**`NET ASSETS`**
**`51,196`**
**`FUNDS`**
`15`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|`Restricted`
`funds`
`£`
**`-`**
**`-`**
**`-`**
**`5,795`**
**`5,795`**
**`-`**
**`5,795`**
**`5,795`**
**`5,795`**|**`31.3.22`**
**`Total`**
**`funds`**
**`£`**
**`23,953`**
**`2,110`**
**`35,306`**
**`20,096`**
**`57,512`**
**`(24,474)`**
**`33,038`**
**`56,991`**
**`56,991`**
**`51,196`**
**`5,795`**
**`56,991`**|`31.3.21`
`Total`
`funds`
`£`
`34,643`
`2,110`
`18,788`
`31,464`
`52,362`
`(14,984)`
`37,378`
`72,021`
`72,021`
`66,226`
`5,795`
`72,021`| |---|---|---|---| ``` The charitablecompanyis entitledto exemptionfromauditunderSection477of the CompaniesAct 2006 for the year ended 31 March 2022. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsforthe year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006. ``` ``` The trustees acknowledge their responsibilities for ``` - `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and` - `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.` ``` The notes form part of these financial statements ``` ``` continued... ``` ``` Page 5 ``` ``` Hillingdon Narrowboats Association ``` ## `Balance Sheet - continued` ## `31 March 2022` ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable companies subject to the small companies regime. ``` ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on ............................................. and were signed on its behalf by: ``` ``` ............................................. ``` ``` M Walsh - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 6 ``` ``` Hillingdon Narrowboats Association ``` ``` Notes to the Financial Statements for the Year Ended 31 March 2022 ``` ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS 102, havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReporting by Charities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccounts in accordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland (FRS 102)(effective1 January2019)',FinancialReportingStandard102'The FinancialReporting Standard applicablein theUK andRepublicofIreland'andtheCompaniesAct2006.Thefinancial statements have been prepared under the historical cost convention. ``` ## **`Income`** ``` Allincomeis recognisedin theStatementofFinancialActivitiesoncethecharityhasentitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation committingthe charityto that expenditure,it is probablethat a transferof economicbenefitswill be requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have been allocated to activities on a basis consistent with the use of resources. ``` ## **`Tangible fixed assets`** ``` Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its estimated useful life. ``` ``` Plant and machinery- 25% on cost and 10% on cost ``` ## **`Stocks`** ``` Stocksarevaluedatthelowerofcostandnetrealisablevalue,aftermakingdueallowance for obsolete and slow moving items. ``` ``` Stocks include fuel held in storage tank and on board narrowboats. ``` ## **`Taxation`** ``` The charity is exempt from corporation tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestrictedfundscanbe usedin accordancewiththecharitableobjectivesat thediscretionof the trustees. ``` ``` Restrictedfunds can only be used for particularrestrictedpurposeswithin the objectsof the charity. Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted purposes. ``` ``` Furtherexplanationofthenatureandpurposeofeachfundis includedin thenotestothe financial statements. ``` ``` continued... ``` ``` Page 7 ``` ``` Hillingdon Narrowboats Association ``` ``` Notes to the Financial Statements - continued for the Year Ended 31 March 2022 ``` ## **`1. ACCOUNTING POLICIES - continued`** ## **`Government grants`** ``` Government grants are accounted for under the accruals basis. ``` ## **`Financial instruments`** ## **`Debtors`** ``` Shorttermdebtorsaremeasuredattransactionprice,lessanyimpairment.Loansreceivable are measuredinitiallyatfairvalue,netoftransactioncosts,andaremeasuredsubsequently at amortised cost using the effective interest method, less any impairment. ``` ## **`Creditors`** ``` Shorttermtradecreditorsare measuredat the transactionprice.Otherfinancialliabilities, including bankloans,aremeasuredinitiallyatfairvalue,netoftransactioncosts,andare measured subsequently at amortised cost using the effective interest method. ``` ## **`2.`** ## **`DONATIONS AND LEGACIES`** |`Donations`
`Grants`
`Grants received, included in the above, are as follows:`
`Other grants`|**`31.3.22`**
**`£`**
**`5,264`**
**`9,134`**
**`14,398`**
**`31.3.22`**
**`£`**
**`9,134`**|`31.3.21`
`£`
`1,109`
`23,846`| |---|---|---| |||`24,955`| |||`31.3.21`
`£`
`23,846`| ``` Included within grants received are £9,134 (2021: £12,096) of local authority coronavirus grants. ``` ## **`3. OTHER TRADING ACTIVITIES`** |`Reg`
`Pisces`
`Star`
`Spirit`
`Merlin`
`Courses`
`Other income`|**`31.3.22`**
**`£`**
**`16,315`**
**`9,415`**
**`2,790`**
**`9,135`**
**`12,595`**
**`2,490`**
**`3,417`**
**`56,157`**|`31.3.21`
`£`
`2,110`
`120`
`-`
`1,800`
`960`
`-`
`9,298`| |---|---|---| |||`14,288`| ``` continued... ``` ``` Page 8 ``` ## `Hillingdon Narrowboats Association` ## `Notes to the Financial Statements - continued for the Year Ended 31 March 2022` |**`4.`**
**`INVESTMENT INCOME`**
`Deposit account interest`
**`5.`**
**`RAISING FUNDS`**
**`Raising donations and legacies`**
`Running costs`
`Narrowboat maintenance`
`Fundraising fees`
`Labour costs: contractors`
`Support costs`
**`6.`**
**`SUPPORT COSTS`**
`Management`
`Finance`
`£`
`£`
`Raising donations and`
`legacies`
**`16,354`**
**`352`**
**`7.`**
**`NET INCOME/(EXPENDITURE)`**
`Net income/(expenditure) is stated after charging/(crediting):`
`Depreciation - owned assets`|**`31.3.22`**
**`£`**
**`3`**
**`31.3.22`**
**`£`**
**`35,460`**
**`2,617`**
**`2,933`**
**`15,502`**
**`29,076`**
**`85,588`**
`Governance`
`Other`
`costs`
`£`
`£`
**`10,690`**
**`1,680`**
**`31.3.22`**
**`£`**
**`10,690`**|`31.3.21`
`£`
`8`
`31.3.21`
`£`
`7,377`
`20,276`
`-`
`16,473`
`22,190`| |---|---|---| |||`66,316`| |||`Totals`
`£`
**`29,076`**| |||`31.3.21`
`£`
`10,704`| ``` Depreciation - owned assets ``` ``` continued... ``` ``` Page 9 ``` ``` Hillingdon Narrowboats Association ``` ``` Notes to the Financial Statements - continued for the Year Ended 31 March 2022 ``` ## **`8. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2022nor for the year ended 31 March 2021. ``` ## **`Trustees' expenses`** ``` Therewerenotrustees'expensespaidfortheyearended31March2022norfortheyear ended 31 March 2021. ``` ## **`9. STAFF COSTS`** ``` The average monthly number of employees during the year was NIL (2021 - NIL). ``` ``` No employees received emoluments in excess of £60,000. ``` ## **`10.`** |**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
`Unrestricted`
`Restricted`
`fund`
`funds`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`13,705`
`11,250`
`Other trading activities`
`14,288`
`-`
`Investment income`
`8`
`-`
**`Total`**
`28,001`
`11,250`
**`EXPENDITURE ON`**
`Raising funds`
`47,535`
`18,781`
**`NET INCOME/(EXPENDITURE)`**
`(19,534)`
`(7,531)`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`85,760`
`13,326`
**`TOTAL FUNDS CARRIED FORWARD`**
`66,226`
`5,795`|`Total`
`funds`
`£`
`24,955`
`14,288`
`8`
`39,251`
`66,316`
`(27,065)`
`99,086`
`72,021`| |---|---| ``` continued... ``` ``` Page 10 ``` ## `Hillingdon Narrowboats Association` ``` Notes to the Financial Statements - continued for the Year Ended 31 March 2022 ``` |**`11.`**
**`TANGIBLE FIXED ASSETS`**
**`COST`**
`At 1 April 2021 and 31 March 2022`
**`DEPRECIATION`**
`At 1 April 2021`
`Charge for year`
`At 31 March 2022`
**`NET BOOK VALUE`**
`At 31 March 2022`
`At 31 March 2021`
**`12.`**
**`STOCKS`**
`Stocks`
**`13.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade debtors`
`Other debtors`
`Inter fund balances`
`Prepayments and accrued income`|`Plant and`
`machinery`
`Narrowboats`
`£`
`£`
**`21,885`**
**`106,500`**
**`21,725`**
**`72,017`**
**`40`**
**`10,650`**
**`21,765`**
**`82,667`**
**`120`**
**`23,833`**
`160`
`34,483`
**`31.3.22`**
**`£`**
**`2,110`**
**`31.3.22`**
**`£`**
**`31,165`**
**`2,569`**
**`-`**
**`1,572`**
**`35,306`**|`Totals`
`£`
**`128,385`**|`Totals`
`£`
**`128,385`**| |---|---|---|---| |||**`93,742`**
**`10,690`**|| |||**`104,432`**|| ||||**`23,953`**| ||||`34,643`| ||||`31.3.21`
`£`
`2,110`
`31.3.21`
`£`
`11,685`
`1,307`
`1,445`
`4,351`| ||||`18,788`| ``` continued... ``` ``` Page 11 ``` ``` Hillingdon Narrowboats Association ``` ## `Notes to the Financial Statements - continued` ## `for the Year Ended 31 March 2022` |**`14.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade creditors`
`Inter fund balances`
`Accrued expenses`
`Deferred income`
**`15.`**
**`MOVEMENT IN FUNDS`**
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Eddy Warburton Memorial Fund`
`Theo Refurb Project`
**`TOTAL FUNDS`**
`Net movement in funds, included in the above are as follows:`

**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|**`31.3.22`**
`31.3.21`
**`£`**
`£`
**`2,247`**
`3,662`
**`-`**
`1,445`
**`1,897`**
`1,897`
**`20,330`**
`7,980`
**`24,474`**
`14,984`
`Net`
`movement`
`At`
`At 1.4.21`
`in funds`
`31.3.22`
`£`
`£`
`£`
**`66,226`**
**`(15,030)`**
**`51,196`**
**`1,445`**
**`-`**
**`1,445`**
**`4,350`**
**`-`**
**`4,350`**
**`5,795`**
**`-`**
**`5,795`**
**`72,021`**
**`(15,030)`**
**`56,991`**
`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
**`70,558`**
**`(85,588)`**
**`(15,030)`**
**`70,558`**
**`(85,588)`**
**`(15,030)`**| |---|---| ``` continued... ``` ``` Page 12 ``` ``` Hillingdon Narrowboats Association ``` ``` Notes to the Financial Statements - continued for the Year Ended 31 March 2022 ``` ## **`15. MOVEMENT IN FUNDS - continued`** ## **`Comparatives for movement in funds`** |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Eddy Warburton Memorial Fund`
`Theo Refurb Project`
**`TOTAL FUNDS`**|`Net`
`movement`
`At 1.4.20`
`in funds`
`£`
`£`
`85,760`
`(19,534)`
`1,445`
`-`
`11,881`
`(7,531)`
`13,326`
`(7,531)`
`99,086`
`(27,065)`|`At`
`31.3.21`
`£`
`66,226`
`1,445`
`4,350`| |---|---|---| |||`5,795`| |||`72,021`| ``` Comparative net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Theo Refurb Project`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`28,001`
`(47,535)`
`(19,534)`
`11,250`
`(18,781)`
`(7,531)`
`39,251`
`(66,316)`
`(27,065)`| |---|---| ## **`16. RELATED PARTY DISCLOSURES`** ``` Trustees' remuneration and benefits for the year ended 31 March 2022 were £139 (2021: £4,265). ``` ``` Trustees' expenses paid for the year ended 31 March 2022 were £2,830 (2021: £303). ``` ``` continued... ``` ``` Page 13 ``` ``` Hillingdon Narrowboats Association ``` ``` Notes to the Financial Statements - continued for the Year Ended 31 March 2022 ``` ## **`17. ULTIMATE CONTROLLING PARTY`** ``` The trustee's do not believe there is an ultimate controlling party. ``` ``` Page 14 ``` ``` Hillingdon Narrowboats Association ``` ## `Detailed Statement of Financial Activities for the Year Ended 31 March 2022` |`Detailed Statement of Financial Activities`
`for the Year Ended 31 March 2022`||| |---|---|---| ||`31.3.22`|`31.3.21`| ||`£`|`£`| |**`INCOME AND ENDOWMENTS`**||| |**`Donations and legacies`**||| |`Donations`|**`5,264`**|`1,109`| |`Grants`|**`9,134`**|`23,846`| ||**`14,398`**|`24,955`| |**`Other trading activities`**||| |`Reg`|**`16,315`**|`2,110`| |`Pisces`|**`9,415`**|`120`| |`Star`|**`2,790`**|`-`| |`Spirit`|**`9,135`**|`1,800`| |`Merlin`|**`12,595`**|`960`| |`Courses`|**`2,490`**|`-`| |`Other income`|**`3,417`**|`9,298`| ||**`56,157`**|`14,288`| |**`Investment income`**||| |`Deposit account interest`|**`3`**|`8`| |**`Total incoming resources`**|**`70,558`**|`39,251`| |**`EXPENDITURE`**||| |**`Raising donations and legacies`**||| |`Running costs`|**`35,460`**|`7,377`| |`Narrowboat maintenance`|**`2,617`**|`20,276`| |`Fundraising fees`|**`2,933`**|`-`| |`Labour costs: contractors`|**`15,502`**|`16,473`| ||**`56,512`**|`44,126`| |**`Support costs`**||| |**`Management`**||| |`Insurance`|**`2,327`**|`2,864`| |`Light and heat`|**`3,189`**|`3,398`| |`Telephone`|**`914`**|`1,388`| |`Advertising`|**`499`**|`-`| |`Carried forward`|**`6,929`**|`7,650`| ``` This page does not form part of the statutory financial statements ``` ``` Page 15 ``` ## `Hillingdon Narrowboats Association` ``` Detailed Statement of Financial Activities for the Year Ended 31 March 2022 ``` |`Detailed Statement of Financial Activities`
`for the Year Ended 31 March 2022`||| |---|---|---| ||`31.3.22`|`31.3.21`| ||`£`|`£`| |**`Management`**||| |`Brought forward`|**`6,929`**|`7,650`| |`Sundries`|**`643`**|`141`| |`Administration costs`|**`6,686`**|`1,278`| |`Repairs and renewals`|**`2,096`**|`673`| ||**`16,354`**|`9,742`| |**`Finance`**||| |`Bank charges`|**`352`**|`64`| |**`Other`**||| |`Plant and machinery`|**`40`**|`54`| |`Motor vehicles`|**`10,650`**|`10,650`| ||**`10,690`**|`10,704`| |**`Governance costs`**||| |`Accountancy fees`|**`1,680`**|`1,680`| |`Total resources expended`|**`85,588`**|`66,316`| |**`Net expenditure`**|**`(15,030)`**|`(27,065)`| ``` This page does not form part of the statutory financial statements ``` ``` Page 16 ```