ASHBY CANAL ASSOCIATION
TRUSTEES REPOR T and ANNUAL REVIEW for the YEAR ENDED 30TH SEPTEMBER 2022
Reference and Administrative Detail s
Ashby Canal Association is a Registered Charity No 1063566, Company No 3396198, limited by guarantee registered in England whose Registered Office is at 40 Holland Crescent, Ashby de la Zouch Leicestershire LE65 1FS.
Trustees: P. Oakden (Chairman), D. Watts, C. Walker, R. Smith, R. Taylor, R Dyason, M Wooding, C Aston, A Jenkins and M Jeffs. Secretary: W.G.Hetherington.
Advisers: G. Pursglove (Chairman, Ashby Canal Trust); Prof. O. P. Mulka, (President of the Association).
M. Bird ( design adviser and printer of "Spout",the quarterly magazine of the Association) A. Jenkins (web-master) and H. Worth, (IWA Honorary Engineer.)
Bankers: HSBC Bank plc, Market Place, Hinckley, LE10 1NU
Solicitors: M & S Solicitors Ltd, Lion Court, Staunton Harold Hall, Ashby de la Zouch, Leicestershire LE65 1RT Independent examiner of accounts Patricia Richardson of 18 Monks Way, Amington, Staffordshire B77 5JB. The Ashby Canal Company Limited, a former Associated Company, has been dissolved..
Vice Presidents: S.J.Wain; J.C.Beaney Patron: A. Bridgen MP
Structure, Governance and Management
Ashby Canal Association (“ACA”) was incorporated on 2nd July 1997 and is governed by Memorandum and Articles of Association dated 10th June 1997. It took over the activities of the former unincorporated organisation of the same name originally founded in February 1966. The trustees are nominated and elected by the members of the Association from within the membership, serve for a period of three years and retire by rotation. Along with co-opted members they form the management committee, undertaking the day to day running of ACA’s affairs and decision-making. There are no outside appointees. No committee members received remuneration for their services other than payment of out-ofpocket expenses, such as postage, travelling expenses, etc., most of which was donated back to ACA.
A Health & Safety policy is in place and safety issues were reviewed at management committee meetings. Public liability and other major risks are covered by appropriate insurance. Major risks are kept under review. For events and work parties, risk assessments are carried out. Appropriate financial policies are in place and the accounts are subject to independent examination.
Objects and Activities
(1) T he principal objectives of ACA, set out in full in its Memorandum of Association, are to improve the condition of, preserve, and enhance the Ashby de la Zouch Canal for the benefit of the public and to promote and assist the restoration of the derelict northern reaches of the canal.
The Trustees declare that the Association’s objectives are not exclusive to any particular interest group, are for public benefit and that the charity constitutes a public benefit entity under Financial Reporting Standard 102. All of the Association’s activities are continuing operations and the Association is a going concern.
(2) Relationships with other organisations and charities
The Association maintained working relations with The Canal and River Trust (“CRT”), The Inland Waterways
Association (“IWA”), The Ashby Canal Trust (“ACT”), Leicestershire County Council (“LCC”), North West Leicestershire District Council (“NWLDC”), Hinckley and Bosworth Borough Council (“HBBC”), Natural England and The Environment Agency and had dialogue with local district and county councillors and Member of Parliament. The Association is a corporate member of IWA, a member of the Association of Waterways Cruising Clubs, and is represented on the board of the Ashby Canal Trust.
(3) Volunteer contributions
ACA is fortunate to have many volunteers. Volunteer work parties undertook regular maintenance of the Association’s canal-side land and buildings at Snarestone Wharf, work on the line of the canal around the Gilwiskaw Aqueduct and at the Ilott Wharf site. With the assistance of a grant from IWA, ACA volunteers have been constructing a footpath along the route of the future restored canal between Snarestone Wharf and the new terminus in Measham. Weekly work parties have been laying hardcore, installing gates and signposts and building steps. Work is ongoing. They also took part in ACT work parties at Moira and in the Moira Canal Festival
Administrative, membership, secretarial and accountancy work was done voluntarily. Most of ACA’s regular social events have not been possible this year in view of Covid, but smaller events were arranged when national regulations allowed. Newsletter editing, database, publicity design and web-site management were also undertaken entirely by volunteers or as gifts in kind. The oversight of Heritage Lottery Funded archaeological survey work and public events related thereto, was done by volunteers, as was planning for the next phases of canal restoration. ACA's sales and information kiosk at Snarestone was available, when permitted, for visiting boaters and walkers, thanks to a dedicated group of volunteers and our volunteer site caretakers.
In total, 5,846.5 hours of voluntary work were contributed to the Association during the year, equivalent in monetary terms to more than £105,000. The trustees record their thanks to all those involved.
Canal Restoration: Restoration plans are in place for the canal northwards from Bridge 62. Leicestershire County Council has agreed to transfer the benefit of the Transport and Works Act Order 2005 (the TWAO) to the ACA since it decided that it no longer wished to continue with its involvement in the canal restoration scheme. The implementation of this transfer is progressing slowly. Upon completion, ACA will be the land-owners in a position to apply for a substantial
Heritage Lottery Fund (“ HLF”) Grant. As a precursor to the application, ACA carried out a HLF funded Industrial Archaeological investigation at Illott Wharf which was completed and the formal report issued by Leicester University in April 2019. Rules for Lottery Grant Applications changed significantly early in 2019. Previously a grant for canal restoration could be applied for only when works are carried out on the original route. This is no longer the case where the emphasis is now more on features including benefits to the public and local community. Once the TWAO transfer is complete ACA may apply for a grant to fund restoration either from Bridge 62 to Measham or from Bridge 62 to Gallows Lane. The timing of the TWAO and the grant application have been affected by Covid restrictions, but the application for transfer is now with DEFRA.
● Fund Raising: The Restoration Appeal continued, with the Gilwiskaw Aqueduct appeal continuing to attract donations. Income from the operation of ACA including that received from the shop amounting to.£86,274.39. The shop at Snarestone Wharf was open whenever possible but income was again affected by reduced footfall and fewer boat visitors during the year. ● Publicity: We provided information for visitors through the ACA website, hotline, leaflets, free maps, notice boards and in person at the information kiosk at Snarestone Wharf.
● Public Events: The popular Moira Canal Festival took place in May 2022 and was well supported.
● General ACA representatives attended CRT Waterway User Group meetings during the year. Development proposals and planning applications affecting the whole length of the canal and its environment were scrutinized by the management committee and comments made, where appropriate, to local authorities. ACA continued to manage trail-boaters , canoeists and visiting boaters. The off-line nature reserve on ACA land at Snarestone provides a valuable habitat for thriving wildlife. Maintenance work on the reserve was carried out by ACA volunteers.
Social meetings with speakers, which are open to members and the general public, were not possible during the year, but are planned to recommence on 13th October 2022 and to continue during the following winter and spring months to promote interest in the canal and its historic and social environment. ACA’s newsletter, ’Spout’, has been published quarterly, to communicate with members and the public. ACA’s web-site (ashbycanal.org.uk) provided news and information, and also facilitated many email enquiries from the public. The Facebook Group “Ashby Canal Association Friends” continued to be popular. Financial review
Major Risks The major risks to ACA are (a) that ACA ceases to have sufficient funds to carry out its day to day objectives and (b) that volunteer input does not continue at its present level, as all its activities are performed by volunteers. Both these risks are regularly reviewed by the management committee and policies put in place when required to help mitigate them.
Policy on reserves The policy of the management committee is to maintain a general reserve at a prudent level, sufficient in their view to meet anticipated revenue expenditure in the short term (up to one year). ACA also holds designated reserve funds to enable the Association to make substantial financial contributions towards the canal restoration scheme over the next five years; this includes specific funds designated to the supply of bricks for the construction of the Gilwiskaw aqueduct. Other financial information Subscriptions and generous donations from members and the public continued to form a large part of ACA's revenue, most of which were gift-aided. Specific donations were received towards the restoration of the canal's northern reaches. ACA raised funds through its sales shop and a bric-a-brac stall. A card payment system is installed. ACA also sold advertising and collected mooring and slipway fees. ACA’s entire net profit from the operation of the Shop amounted to £24,241.68.The Association records its thanks to all who have supported it with cash or in kind and to all the volunteers, particularly the Association's Resident Caretaker..Interest rates remained low during the year. Some reserve balances were placed in short term HSBC Money Market accounts. A conservative low-risk approach is taken to investing funds. Life memberships are recorded in a separate fund and written back into revenue over a period of ten years. The detailed financial results are set out in the statement of accounts showing a net deficit of £165,451.41 for the year. The accounts show details of the designated funds allocated to the restoration scheme. No funds were held on behalf of others. All funds are deposited in a UK bank. There were no funds in deficit. The accounts are being independently examined and certified.
Membership Membership figures have been somewhat affected by Covid. At 30th September 2022 there were 584 members, including 183 life members.(2021: total membership 617)
THE TRUSTEES DECLARE THAT THEY HAVE APPROVED THE ABOVE REPORT
Signed on behalf of the charity’s trustees by PETER OAKDEN Chairman ........................................................
ASHBY CANAL ASSOCIATION
| BALANCE Current Ass Current Lia Net current TOTAL NET ACCUMULA Tangible Fix |
SHEET AS AT 30TH SEPTEMBER 2022 Freehold land Portable buildings,swingbridge, tools & equipment, at cost less accumulated depreciation ets Debtor – The Ashby Canal Co. ltd Bank Balances - deposit account - money market accounts short notice - current account Cash in hand bilities Short term Loan from ACA Directors Stock transfer from ACC (Debtor payment) assets ASSETS TED FUNDS (note 4) Unrestricted Funds General Fund Life membership Fund Designated funds: Restoration scheme (aqueduct) Restoration scheme (general) Restricted Funds NWLDC Fund ed Assets(note 3) |
Restricted Funds |
13,257.00 18,366.67 (9,571.81) 8,794.86 8,794.86 22,051.86 0.00 151.18 110,000.00 9,593.12 132.66 119,876.96 (15,000.00) 104,876.96 104,876.96 126,928.82 Total Funds Unrestricted Funds |
13,257.00 18,366.67 (9,571.81) 8,794.86 8,794.86 22,051.86 0.00 151.18 110,000.00 9,593.12 132.66 119,876.96 (15,000.00) 104,876.96 104,876.96 126,928.82 Total Funds Unrestricted Funds |
prior year 2021 | |
|---|---|---|---|---|---|---|
| 13,257.00 17,908.82 (7,432.32) |
||||||
| 23,733.50 113.75 53,468.94 159,932.67 54,477.98 198.04 |
||||||
| 268,191.38 0.00 486.25 |
||||||
| 104,876.96 Unrestricted Funds |
268,677.63 | |||||
| 292,411.13 | ||||||
| Total Funds | ||||||
| 102,931.29 9,866.40 89,311.36 70,302.08 20000.00 |
||||||
| 20,000.00 | 4,213.34 10,939.04 91,474.36 302.08 |
4,213.34 10,939.04 91,474.36 302.08 20,000.00 126,928.82 |
||||
| 20,000.00 | 106,928.82 | 292,411.13 |
ASHBY CANAL ASSOCIATION
NOTES TO THE ACCOUNTS
- 1 Basis of Preparation
The accounts are prepared under the historical coat convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The accounts have been produced in accordance with the Statement of Recommended Practice for Accounting and Reporting by Charities (FRS102) issued 16[th] July 2014 The charity constitutes a public benefit entity as defined by FRS102.
The charity is a company limited by guarantee registered in England. It is a going concern.
2 Accounting policies
The accounts present a true and fair view. There have been no changes in accounting policies. The standard list of accounting policies outlined in FRS102 have been applied except for the treatment of life membership fees are treated as outlined below, a policy consistently applied since 2009
Life membership fees are capitalised and written into the accounts over a period of 10 years. Life membership fees received during the year (including Gift Aid) £680.00 (2021)=£1377.02)
.
Gift Aid reclaimed from HMRC has been credited to the relevant income source.
Donated services and facilities ( gifts in kind )
Donated services used immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading No donated services or facilities were received this year.
3 Assets
The standard list of accounting policies in FRS 102 relating to assets have been applied. The charity has no intangible assets Tangible fixed assets are depreciated on a straight line basis at rates between 5 – 20% over the expected life of the asset. No depreciation is provided on the charity’s freehold land.
| additions during year disposals - at cost Depreciation provision thereon Surplus or loss on disposals Depreciation charge for the year Eliminated in disposals There have been no revaluations of fxed assets Tangible fxed assets: at cost brought forward at 1stOctober 2020 Depreciation provision b/fwd at 1stOct 2021 Depreciation provision c/fwd at 30thSept 2021 Written down value of tangible fxed assets at 30thSeptember 2021 |
2541.00 -910.00 |
17908.82 2908.85 (2,451.00) |
|---|---|---|
| 1631.00 | ||
| 18366.67 | ||
| 7432.32 2139.49 -2451.00 |
||
| 7120.81 | ||
| 11245.86 | ||
The Association owns a heritage asset; an old ice-breaker located at Measham Museum.
This asset was acquired at no cost to the Association, and its value is historical rather than monetary,
4 Funds
The Association has over several years built up funds towards future costs of restoration of the Ashby Canal northwards from its present navigable terminus, a project which is currently on-going. An Aqueduct Appeal Fund and a Restoration Fund are maintained as designated funds This is to demonstrate the commitment of the Association to the restoration scheme, as reflected by the wishes of the charity’s supporters and donors.
5 Funds brought forward The balances brought forward on 1[st] October 2021 comprise designated funds for Restoration and Aqueduct general funds of £112,797.69 = total £272,411.13 (2019= £240,745.39). The Association received £20,000 in 2021 from
£159,613.44 and unrestricted
North West Lesicestershire District Council to be treated as a restricted fund.
Audit Exemption
(a) For the year ending 30[th] Sept 2022 the company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies (b) The members have not required to company to obtain an audit of its accounts for the year in question in accordance with S476.
(c) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts (d) The accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Signed ……………Peter Oakden
Director and Chairman
Signed ……………Robert Taylor
Date 22nd April 2023
Director and Treasurer
Date 22nd April 2023
Adjustment A
No membership subscriptions were received in advance this year.
Adjustments B/C
Life memberships are written into the accounts over ten years(per accounting policies agreed in 2010) £ 9866.40 b/fwd, plus rec’d this year £680 = £10726, x 10% = £1072.64 Life membership fund = Bal b/fwd £9866.40 + received during year £680 less amount written to this year’s subs £1072.64 = Bal c/fwd £10939.04
Adjustment D
Cash Transfer from ACC debtor of £111.25. £2.50 of remaining £113.75 debt written off.
Adjustment E
The Ashby Canal Association funded two emergency infrastructure projects, namely construction of a stop gate and grout. injection. Aggregated VAT paid on purchases has been credited to the project costs.
Adjustment F
Depreciation for year – calculation see Fixed assets register spreadsheet. Debit: I & E a/c £3508.49 Credit: Depreciation provision c/fwd £508.49 Depreciation c/fwd = £7432.32 + £2139.49 = £7571.81 (There were no disposals this year)
Adjustment G
ACA made 2 emergency infrastructure purchases, a stop gate and grout injection which resulted in a large deficit for the year. The deficit has been split between the Restoration and General funds Overall deficit for year £ 168231.70 appropriated as follows: Restoration Fund -70000.00 balance to general fund (unrestricted funds) -98231.70 -168231.70
Adjustment H
Costs associated with purchase and display of aqueduct bricks debit Aqueduct fund £787.25. Aqueduct appeal donations for the year: £2950.25
Note J VAT Analysis in period: Output VAT received on sales: -3445.53 Input VAT paid on purchases: 39929.59 HMRC debtor b/f: 2651.46 HMRC repay received: -19983.14 HMRC debtor c/f: 19152.38
The association's first VAT return was filed after the end of Q4 2021, it resulted in a HMRC repay to ACA of £2651.46.
Adjustment K
Due to a delay in the release of funds from the ACA money market account 2 (£110,000), the association received a short term interest-free Directors loan liability.
Adjustment L
An accounting error in the accounts reported on 30/09/2021 caused a £486.25 surplus 'General Fund' which was carried forward. The error was due to incorrect entries pertaining to an Ashby Canal Company Debtor receipt. Correct by debiting General Fund £486.25.
ASHBY CANAL ASSOCIATION
LIST OF FIXED ASSETS AT 30TH SEPTEMBER 2022
| Heritage asset Old ice-breaker on plinth at Measham Museum ex Foxton locks Land Freehold Site at Snarestone Freehold land at bottom of driveway Swingbridge Aluminium swing bridge No 61A at Snarestone Mesh side panels sub total Temporary Buildings/Marquees/etc s/h Portakabin from S Owen, Boot Wharf ex BT 22ft Storage Hut fbreglass on metal chassis Wooden kiosk ( shop/info) incl locks, etc and hard standing kit Plant and Equipment, tools, etc Freezer for ice cream (Curry's) -donation in kind from P Hewitt Honda IZY HRG466SK mower Honda 3KVA generator lpg powered Stihl long reach pole saw No 291876240 Brush cutter/strimmer Sound System Maplins DJT VS P120 PA speaker system 20 plastic chairs plus table Three-ton Tirfor winch plus wire rope & chains 2 5 litre fuel cans Buckby can for donations 300m electric cable, assorted fuorescent lights, RCCB dist.board, etc 3 burner lpg gas rings- portable Assorted ladders, hard hats, hi-vis waistcoats, loose tools, loppers, rakes, shovels for use at work parties Wheelbarrows, shovels, sledgehammer,pickaxe Hot water boiler Filing cabinet,ofce tables, chairs (donated) Projector screen (CWB – at MIRA?) sub total |
date acquired | cost |
|---|---|---|
| 1970?? nil Sept/2007 9438 July/2010 3819 13257 Oct/2010 1958 Jan/2012 493 2451 Feb/2010 1050 ?? 500 June/2003 665 2215 April/2016 110 May/2014 300 Aug/2016 448 Mar/1994 400 Nov/2012 396 Dec/2000 370 2011 134 Nov/2018 120 ?? 81 Aug/2000 500 5 May/1997 50 May/1995 360 Mar/1994 50 various dates 113 May/2000 150 March/1994 50 ?? 30 |
| Additions & Wdv 30/09/21 Disposals |
Dep’n charge for year WDV 30/09/22 % on cost Depreciation £ |
|
|---|---|---|
| 0 9438 3819 13257 Disposed Disposed 1631 -2451 600 0 162 762 0 0 0 0 0 0 0 48 0 0 0 0 0 0 0 0 0 0 0 |
0 - 0 9438 - 0 3819 13257 1631 0 no further depn - 0 600 - 0 no further depn 162 no further depn 762 0 - 0 0 - 0 0 - 0 0 - 0 0 - 0 0 written of Nov 2017 0 20.00% 24 24 - 0 0 - 0 0 - 0 - 0 0 - 0 0 - 0 0 - 0 0 - 0 0 - 0 0 - 0 0 - 0 0 |
| 12 blue plastic storage boxes | Sep/1995 | 30 |
|---|---|---|
| 4 propane gas cylinders and regulators | 1994-95 | 90 |
| 2 x Hot water urns/ stewpans/teapots | 1995 | 120 |
| plastic folding table | Sept/2000 | 50 |
| 5 folding wooden tables | June/1994 | 140 |
| vinyl banners and bunting | 1994-95 | 131 |
| 5x blue plastic drums/waste bins | Feb/1996 | 20 |
| set of red display panels/stands | Nov/1996 | 500 |
| length hose pipe | May/2000 | 5 |
| 17 items of “Measham” ware bequest of Joan Stretton Oct/1999 | 0 | |
| - many pieces with damage. Some on loan to Measham Museum | ||
| 6 Fire extinguishers water type ex IWA | May/2000 | 140 |
| 2 picnic tables and benches at Snarestone | May2018 | 340 |
| New Shop Lean-to | 1 Sep 19 | 1488.28 |
| Donated Ride-on Mower | 1 Jul 20 | 1000 |
| Workboat RAM | 5521.54 | |
| Cash Register | ||
| HP Laptop1 | 329 | |
| HP Laptop2 | 329 | |
| A3 Scanner | 254.34 | |
| Einhell Water Pump1 | 107.81 | |
| Einhell Water Pump2 | 107.81 | |
| Clarke petrol pump 1 | 333.77 | |
| Clarke petrol pump 2 | 333.77 | |
| Donated Ride-on Mower | 500 | |
| Dawsons Pop-up Gazebo | 99 | |
| LED Projector and Accessories | 191.86 | |
| Abbey safety platform Stepladder | 122.49 |
| sub total: tools,bridge equipment: GrandTotal: |
13242.82 17908.82 31165.82 |
|---|---|
| fxed assets at cost end of last year 30/09/21 Plus Additions/Disposals this year : Values in Balance Sheet as at 30 /09/2021 Freehold land and buildings Portable blgds, swingbridge, equipment and tools Fixed Assets at cost 30/09/2022 |
31165.82 457.85 13257 17908.82 31623.67 |
| Check b/fwd dep'n Check c/fwd dep'n (less additions) Check WDV b/f error Check WDV c/f error |
7432.32 9571.81 10476.50 8337.01 |
| 0 | - | 0 | 0 | ||
|---|---|---|---|---|---|
| 0 | 3 Disposed | - | 0 | 0 | |
| 0 | - | 0 | 0 | ||
| 0 | - | 0 | 0 | ||
| 0 | - | 0 | 0 | ||
| 0 | - | 0 | 0 | ||
| 0 | - | 0 | 0 | ||
| 0 | - | 0 | 0 | ||
| 0 | - | 0 | 0 | ||
| 0 | writtenof | 0 | 0 | ||
| - | |||||
| 0 | 0 | 0 | |||
| 204 | 10.00% | 34 | 170 | ||
| 1409.96 | 5.00% | 74.41 | 1335.55 | ||
| 900 | 10.00% | 100.00 | 800.00 | ||
| 5521.54 | 5.00% | 276.08 | 5245.46 | ||
| 200 | 0.00 | ||||
| 329 | |||||
| 329 | |||||
| 254.34 | |||||
| 107.81 | |||||
| 107.81 | |||||
| 333.77 | |||||
| 333.77 | |||||
| 500 | |||||
| 99 | |||||
| 191.86 | |||||
| 122.49 | |||||
| 2908.85 | |||||
| 8083.5 | 457.85 | 7575.01 | |||
| 10476.5 23733.5 |
Dep'n for the year 2139.49 |
8337.01 21594.01 |
|||
| Accumulated deprec'n b/fwd | 7432.32 | ||||
| charge for y.e. 30/09/21 | 2139.49 | ||||
| balance c/fwd at 30/09/2021 | 9571.81 | ||||
| Check c/fwd against trial balance sheet: | 9571.81 | ||||
| diference | check Figure from SOFA (error = dep'n): 0.00 |
2139.49 | |||
| diference | 0.00 | ||||
| diference | 0.00 | ||||
| diference | 0.00 |
Ashby Canal Associ Notes:
iation VAT Summary 2022
ACA Financial Period
VAT due in the period on sales and other outputs VAT reclaimed in the period on purchases and other inputs VAT Repay Amount Due (received by ACA):
Total value of sales and all other outputs excluding any VAT Total value of purchases and all other inputs excluding any VAT
The VAT repay to ACA received in November 2022 was an asset that was not reported The VAT Repay to be paid to ACA due in October 2022 is carried forward to next year a
----- Start of picture text -----
Q4 2021 Q1 2022 Q2 2022 Q3 2022
£686.84 £321.45 £219.50 £481.37
£3,338.30 £371.79 £736.68 £17,245.54
£2,651.46 £50.34 £517.18 £16,764.17
(Note 1)
£5,167.07 £3,472.19 £3,574.00 £5,315.35
£24,846.11 £1,952.30 £5,610.18 £89,254.18
----- End of picture text -----
in the 2021 final accounts. The amounts carried forward to 2022 reflect the a as an asset (HMRC Debtor).
----- Start of picture text -----
Q4 2022 2022 totals
£2,423.21 £3,445.53
£21,575.58 £39,929.59
£19,152.37 £36,484.05
(Note 2)
£15,473.00 £27,834.54
£108,576.00 £205,392.66
----- End of picture text -----
adjusted 2021 figure.
Income and Spending2022
PASTED FROM ACA_ACCOUNTS Spreadsheet 'CATEGOR
| Incoming Funds Subscriptions received Life membership fees rec'd this year Life membership fees to write into this yr’s subs Net movement of life memb’ships in year to LM Fund Donations received - general Donations received – aqueduct appeal Donations received – restoration fund Shop Sales Soil Dumping Interest received VAT Received IWA Footpath Grant Received Donated Assets, Services and Facilities ACC misc receipt Director Loan Expenditure Admin and membership expenses Legal, audit and bank charges Insurance Publicity Site and buildings exps Work parties, Health & Safety, etc Canal Enhancement Restoration project Spout magazine Subscriptions payable Committee and Members’ meetings Infrastructure (Stop Gate and Grout Injection) Shop Stock Purchases IWA Measham Path Expenditure Aqueduct appeal Expense |
Totals DR CR |
|---|---|
| 3614.31 680 20819.38 2950.25 100 15204.72 12636 349.57 19983.14 9937.02 111.25 15000 2097.68 4927.78 752.64 131.92 3184.4 50.99 299.68 3554.92 2630.86 109 0 223,619.28 3599.04 3840.87 787.25 |
Page 13
Income and Spending2022
| RIES' tab | ||
|---|---|---|
| Current A/C DR CR |
Petty Cash DR CR |
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 £0.00 0 0 0 0 |
| 3614.31 680 18588.02 2231.36 2950.25 0 100 13739.94 1464.78 12636 349.57 19983.14 9937.02 111.25 15000 1771.82 325.86 4927.78 752.64 95.93 35.99 1472.49 1711.91 50.99 299.68 3554.92 2630.86 109 0 222,256.89 1,362.39 2356.02 1243.02 1159.2 2681.67 787.25 |
Page 14
Income and Spending2022 3184.4 1472.49 Page 15
Income and Spending2022 Page 16
Income and Spending2022 1,711.91 Page 17
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Ashby Canal Association On accounts for the year ended 2022 Charity no (if any) 1063566 Set out on pages I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 3010912022. Responsibilltles and As the charty trustees of the Trust, you are responsible for the preparation basls of report of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below ") in connection with the examination which gives me cause to believe that in. any material respect: accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concerns and have come across no other matters in connection . with the examination to which attention should be drawn in order to enable a proper understsnding of the accounts to be reached. Please delete the words in the brackets rf they do not apply. Signed: Date: 20 Name: Relevant professlonal quallfication(s) or body (rf any): Address: IER October 2018