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2025-03-31-accounts

Hillingdon Narrowboats Association

Report of the Trustees for the meeting of the 17[th] January 2026 and the AGM scheduled for 14[th] February 2026.

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report to date along with the financial statements of the charity for the year ended 31 March 2025.

The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (e�ective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims:

The objectives for which the Association is established are:

ACHIEVEMENT AND PERFORMANCE

HNA has continued to o�er a�ordable narrowboating to youth & community groups within the Borough and surrounding areas. We held training courses, giving individuals an opportunity to obtain or retain their Certificate in Community Boat Management (CCBM) or Boat Handling certificates. This has given us a larger pool of steerers, allowing us to provide more midweek trips during the summer months, mainly to groups of elderly and disadvantaged people.

We hold volunteer days during the week (mostly Tuesday to Thursday). Volunteers help with various jobs, such as painting and other maintenance of our narrowboats, woodwork, cleaning and other tasks around our fleet, premises and the canalside area we have adopted, as well as administrative tasks.

key assets (narrowboat Merlin) due to neglect of maintenance during the previous administration. Narrowboat Star (neglected for the last few years) is now undergoing refurbishment by the Volunteers to replace Merlin.

proceed on an even keel.

FINANCIAL REVIEW

31st March 2025. We are pleased to report that we have managed to cover considerable maintenance costs on the boats whilst retaining a modest profit of £6.3K and that we are now moving in a positive direction.

ending 31[st] March 2025.

FUTURE PLANS

We are working to expand our client base both by word of mouth and by contacting more special needs groups via the local council. We have broadened our marketing strategy to include Social Media championed by one of our trusted volunteers in order to increase our advertising and ability to reach out to other community groups. Our narrowboat ‘Spirit’ is equipped for disability access and is about to begin refurbishment to o�er better facilities and experience to disabled and disadvantaged people.

We will continue with our presence at all local festivals providing boat trips and tours of our historic narrowboat, Pisces.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document:

The charity was established under the Memorandum and controlled by its Articles of Association, and constitutes a limited company, limited by guarantee, incorporated on 28 May 1991 as amended in 2019.

Many of the policy documents have been updated in line with current regulations and best practices. New policies have also been created to ensure that the Trustees work in a consistent and accountable way, following rules and procedures which best serve the needs of the Charity.

For full transparency, all new and updated polices have been published on our website.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number: 02615065 (England and Wales) Registered Charity number: 1029007 Registered o�ice: The Boat House Summerhouse Lane Harefield Uxbridge Middlesex UB9 6HX

Trustees: Anne Daniels Chris Hall Paul Huntley Pete Mahoney Robert Paulden Mark Simmons John Usher

The accounts have not been independently examined or audited.

Website: https://hillingdon-narrowboats.org.uk/ Approved by trustees on ...................................

HILLINGDON NARROWBOATS ASSOCIATION

Registered Number 02615065

Micro-en�ty Balance Sheet as at 31 March 2025

Notes
Fixed Assets
Current Assets
Prepayments and accrued income
Creditors: amounts falling due within one year
Net current assets (liabili�es)
Total assets less current liabili�es
Creditors: amounts falling due a�er more than one year
Provisions for liabili�es
Accruals and deferred income
Total net assets (liabili�es)
Reserves
2025
2024
£
£
36,500
48,560
46,748
20,619
-
-
-
-
83,248
69,179
83,248
69,179
-
-
-
-
-
-
83,248
69,179
83,248
69,179

Approved by the Board on 08 November 2025

And signed on their behalf by:

Chris Hall, Director

HILLINGDON NARROWBOATS ASSOCIATION Registered Number 02615065

Notes to the Micro-en�ty Accounts for the period ended 31 March 2025

2025 2024
Average number of employees during the period 0 0

Hillingdon Narrowboats Association

Profit & Loss for Year Ending 31st March 2025

----- Start of picture text -----
Revenue £ £
Boat hire 27380
Santa trips 14290
Training 1000
42,670
Direct Costs
Direct Labour 1982
Fuel 1000
Santa Gifts 2150
Licensing fees 6655
11,787
Gross Profit 30,883
Indirect Costs
Insurance 1509
Light & Heat 2089
Telephone 1685
Sundries 388
Administration 3340
Maintenance 15500
24,511
Net Profit 6,372
----- End of picture text -----