**THE RUDYARD LAKE TRUST** REGISTERED CHARITY NUMBER – 1056268 DATE: NOVEMBER 1, 2023 ## **Trustees Report re Financial Year 01/04/22 to 31/03/23** Our recovery from the pandemic began to slowly improve during 2022/3, although weather dependent as always, but our ever present volunteers & supporters were there to assist in our endeavors to maintain, restore & improve Rudyard Lake & it’s environs. The new Trip boat has proved to be increasingly popular with educational visits from local schools, including those with children with special needs, a multitude of other organisations, WI’s, Probus, U3A and of course the visiting public. The boat, being electric, is pollution free and very quiet in operation enabling talks on the Lake’s History, Flora & Fauna & Wildlife to be carried out without any amplification & this enables the passengers to get very close to nature, our water birds of Crested Grebe & Herons for example along with perching Kingfishers. Our “Honey Lives On” project is moving slowly forwards with planning permission being granted in December 2022 & an application to the Heritage Lottery Fund has recently being completed following many hours of volunteer time to meet the required criteria. We continue with our efforts to obtain funding towards the restoration of an adventure play area with £5k being pledged to date from the Bernard Sunley Foundation. A considerable amount of restoration work to the lake perimeter has been completed with the construction of gabion baskets by volunteers which prevent any further erosion of the banks but also permit a safer access for anglers & the public alike. Whilst we thank all our volunteers for giving their time special mention should be made of those from Walk Ministries who attend each Monday throughout the year and we are very grateful for their support in enabling considerable manual work to be completed. Ray Perry Chair **The Dam Head Rudyard Lake Rudyard Nr. Leek** **ST13 8XU** **01538 306280 /07718 808881** Email: **info@rudyardlake.com** Website: www.rudyardlake.com RUDYARD LAKE TRUST STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31ST MARCH 2023 Unrestricted funds Rostrlctod funds Totsl 2022 Incoming resources I INot• 21 Donations, legacies and Grants F88s IDr charilablts services Boat trips Interest Received Total Incoming resources 37135 552 11320 318 49325 37135 552 11320 318 49325 51139 914 8685 58744 R￿ouTcO$ *xp•nded Rent, ratès and insurance Light and heal Repairs and Maintenance App development ￿$t$ Launch day ￿St8 Boat trip income paid lo L8ague of Friends cuifonl year prior year Legal and professional fees Sundries Depreciation Total rosource$ exponded 52 372 1173 52 372 1173 565 354 105 467 1364 5469 3221 6257 1674 7006 25224 5469 3221 6257 1674 17827 36045 1071 17168 21094 10821 10821 Net incominglloutgolngl re$our¢oS 24101 -10821 13280 37650 Total funds broughtforward 252870 366018 618888 581238 Total funds ¢4rrl•d forward 276971 355197 632168 818888 Page I RUDYAPD LAKE TRUST BALANCE SHEET YEAR ENDED 31ST MARCH 2023 T*fjythlt k$$éts 1401& 31 4>-) 996 4tsU Sès 41848 Detrjlors Not¢ 41 Casb Ai ¥¥)y 1.4 hand Tv.•l cuir¢nl asse1$ 2>Jl 1511,787 2.128 127893 Néi ¢uft•i)l ai&*i•llll¥bllltl••l 153,68B 127,893 6J2 168 618,888 832 1S8 Pitnd& ot tho Ch•rlly VnfaSli.£l*d Its9¢5 R&8ir £led IKomè luTrd$ (Noto 51 276,971 252,S70 386.018 Tol*l lundÈ 832.118 Sly--:oiurè natt ol appiova, RUDYARD LAKE TRUST NOTES TO THE ACCOUNTS YEAR ENDED 31ST MARCH 2023 Accounting Policies Accountlng Bases The financial slatemenls have been prepared on a receipts and payments basis b> Voluntary In¢ome Voluntary Incom6 Is a¢counled for on a receipts basls. Other Incoming Resourc@5 Other incoming resour￿$ are a¢counted for on a receipts basis. Olher income resources are allo¢ated belween the restricted and unrestricted funds as appropriate. d) Resources Expended All expenditure is accounted for on payments basis and has been ¢lassified under headings that accord with the Statement of Recommended Practice. Expenditure is allocated between the restricted and Unreslrl￿ed funds. Tangible Fixed Assets All expenditure on tangible fixed assets is capitalised and recognised on the Balance Sheel at cost, net of depreciation. fl Depreciation Depreciation is provided for on all fixed assets wllh a finite useful life. Depreciation is calculated using the slrawJht-line method over the useful life of the individual asset. gl Taxation As a charity the Trust is exempl from tax on the income and gains arising from ils charitable aclivities and ils investments, to the extent that such income and gains are applied for charitable purposes only. Page 3 RUDYARD LAKE TRUST NOTES TO THE ACCOUNTS YEAR ENDED 31ST MARCH 2023 {CONTINUEDI Analysis of Income resources Anal Is nr Icte Donatlons, LÈyaeÈÈ# Donations ftom Ihe public anil Grants Donations fiom Rudyard Lake Ltd Inlerest Recelved 2,135 35,00 318 2,135 35,000 318 21.139 30,000 Tolal 37,453 37.453 51,145 Fees for charltable servlces Boat Hire and Talks 11.872 11.872 7599 Total 49.325 49,325 S8,744 Tanglble flxed assels 3.1 Cost or valuatbon Other land & Plant. machlnary and boats Balance brought forward Additions Balance carried forward 888,755 121,319 1,010,074 126,831 1 0153e6 3.2 AccLsmulatsd deprclatlon and Smpalmient provlslons Balance brought forward 499,750 19,329 519079 Depreciation charge for year Balance carrled forward 508,797 28,109 536,9C 3.3 Net book valu• Breught forw8rd 389 005 101990 490.995 Carried forward 379 958 478.480 Page 4 RUDYARD LAKE TRUST NOTES TO THE ACCOUNTS YEAR ENDED 31ST MARCH 2023 ICONTINUEDI Debtors and prgpayments Am hl ne Analysis of dEbtDf5 2023 2022 Amounts due from Rudyard Lake Limited 2,128 Mov•m8nts of major fund8 Analy8Es of rostrlcted fundg Fund balan¢•s brought forward Fund Balancag ¢arrfed forward In¢¢ming R•sources resou￿•6 ex en Fund namgs Visltor infom)alion ￿ntr8 Pontoon A¢tivily Centre Eail of Maccleslield Boathouse Calé extsnsion Workroomlstorage area Visitor Trip Boat Total funds 44,845 6,279 110,368 41,447 18,902 S7,￿4 86.283 366.018 1,113 164 2,630 1,138 2.314 1,686 43,732 8,115 107,738 40,309 16.588 56.208 84.507 365.197 10,821 AnalyBl$ of o$sets belween funds Unrtrstrlctgd RDstrlcttd un Fun Total Fixed assets Net current 8ssets 123,283 153,688 355,197 478,480 153.688 Tol81 assets 276,971 355 197 632.168 Pag* 5 THE RUDYARD LAKE TRUST INDEPENDENT EXAMINERS REPORT YEAR ENDED 31- MARCH 2023 Report to the trusteeslmembers On accounts for the year ended Set out on pages The Rudyard Lake Trust 31" March 2023 Ito5 Respective responslbllltles of Trustees and Examiner The Charity's trustees are responsible for the preparation of the accounts. The Charit¢s trustees consider that an audit is not required for thls year (under section 43121 of the Charities Act 1993 Ithe Attll and that an independent examination is needed. It 15 our responsibility to.. examine the accounts lunder section 4313llal of the Actl. follow the procedures laid down in the General Direction5 given by the Charity Commissioners (under section 4317llbl of the Act),. and State whether particular matters have come to my attention. Basis of Independent examlfierfs Statement Our examination was carried out in accordance wlth General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosure5 in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the accounts. Independent examiner's statement In connection with our examination, no matter has come to our attention. I Whlch gives us reasonable cause to believe that In any material respect the requirements- To keep ac¢ountlng records In accordance with section 41 of the 1993 Act- and To prepare accounts which accord with the accounting records and comply with the accounting requlrements of the Act Have not been met,. or 2 To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed. Thompson W Ight Li Chartered Accountants Ebenezer House Rye¢roft Newcastle Staffs ST5 2BE Page 6 THE RUDYARD LAKE TRUST INDEPENDENT EXAMINERS REPORT YEAR ENDED 31ST MARCH 2023 Report to the trusteeslmembers On accounts for the year ended Set out on pages The Rudyard Lake Trust 31" March 2023 Ito5 Respectlve responsibilltles of Trustees and Examlner The Charity's trustees are responsible for the preparation of the accounts. The Charittys trustees consider that an audit is not required for this year (under section 43121 of the Charities Act 1993 Ithe Actll and that an independent examination is needed. It Is our responsibility to.. examine the accounts (Ltnder section 4313llal of the Act),. follow the procedures laid down in the General Directions given bv the Charity Commlssioners (under section 4317llbl of the A¢tl; and State whether parti¢ular matters have come to my attention. Basis of Independent examlnerf5 Statement Our examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes 8 review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes conslderation of any unusual items or disclosures in the accctrunts, and seeking explanations from the trustees concerriing any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the accounts. Independent examiner's st*ement In connection with our examir)ation, no matter has come to our attentlon. I Which gives us reasonable cause to believe that in any material respect the requirements.. To keep accounting records in accordance wlth sectlon 41 of the 1993 Act,. and To prepare accounts which accord wlth the accounting records and comply wlth the accout)ting requirements of the Act Have not been met,. or 2 To which, in our opinion, attention should be drawn in order to enable a roper understanding of the accounts to be reached. Signed.. Thompson Wrlght Limlted Chartered Accountsnts Ebenezer House Ryecroft Newcastle Staffs ST5 2BE Dated.. Page 6