2023-09-30-accounts

		Page
Legal and administrative	information
Board ofTrustees report		2-4
Independent Examiner's	report
Statement offinancial activities
Balance Sheet
Notes to the accounts		8-17

			Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
			2023	2023	2023	2022
		Notes
Income and endowments	from:
Donations and legacies			51,145		51,145	73,109
Charitable activities			29,302		29,302	14,056
Investment income			1,759		1,759	79
Other income			237		237	4,000
Total income and endowments			82,443		82,443
Expenditure on:
Raising funds			449		449	75
Chaditable activities			92,859	3,687	96,546	8&,130
Total expenditure			93,308	3,687	96,995	8&,205
Net income/(expenditure)	forthe year		(10,865)	(3,687)	(14,552)	3,039
Revaluation ofheritage assets						391,834
Transfers between funds
Net Movement in funds			(10,865)	(3,687)	(14,552)	394,873
Reconciliation offunds:
Total funds brought forward	at 1 October	2022	540,793	46,385	587,178	192,305
Total funds carried forward at 30September 2023			529,928	42,698	572,626	587,178

						2023		2022
				Notes		E		E
Fixed assets
Tangible assets						2.223		2,964
Heritage assets						425,000		425,000
investments						1		1
						427,224		427,965
Current assets
Stocks					750		750
Debtors				10	906		6,015
Cash at bank in hand					157951		167447
					159,607		174,212
Current liabilities
Creditors: Amounts	falling		due within
one year				11	~14205		14999
Net current assets						145402		159213
Net assets						572,626		587,178
Funds				12
Restricted —Museum		Development		Fund		42698		46.385
Unrestricted —General						504,928		515,793
Unrestricted —Designated			Museum	Development		25000		25000
						572,626		587,178

				Unrestricted	Restricted	Total	Total
				Funds	Funds	Funds	Funds
				2023	2023	2023	2022
						E
Voluntary	income
Donations				49,889		49,889	54,978
Donations	from subsidiary		company				8,740
Grants							3,740
Friends Association		contributions		480		480	500
Gift aid				776		776	5 150
				51,145		51,145	73,109

Income from	Charitable Activities
		Unrestricted	Restdcted	Total	Total
		Funds	Funds	Funds	Funds
		2023f	2023 E	2023 E'	2022
Admissions	and shop	17,390		17,390	14,056
Boatstorage	—space rental	11912		11912
		29,302		29,302	14,056

Investm	ent	income
			Unrestricted	Total	Total
			Funds	Funds	Funds
			2023	2023	2022
			6	E	E
Deposit	bank	interest	1,759	1,759	79

5.	Other income						Unrestricted	Total	Total
							Funds	Funds	Funds
							2023	2023	2022
							E	F	E
	Covid 19Grant								4,000
	Other income						237	237
8.	Total expenditure
						Unrestricted	Restricted	Total	Total
						funds	funds	funds	funds
						2023	2023	2023	2022
						E	E	E	E
	Costs ofgenerating		funds:
	Shop expenditure							449	75
	Charitable activities:
	Utilities, Security	services, Phone and broad band				6,127		6,127	3,858
	Insurance					5,676		5,676	5,013
	Advertising and	promotions				9,099		9,099	6,796
	Joint museums	leaflet				3,019		3,019
	Boatshed costs					2,794		2,794	4,229
	Rent and service charge					46,520		46,520	53,489
	General management			costs		3,950		3,950	3,877
	Payroll costs					831		831
	IT, Computers and		website			1,905		1,905	1,351
	Bank charges					100		100
	Accounting other services incl. under accrual					1,864		1,864
	Depreciation					741		741	989
	Boat Restoration					2,505		2,505	649
	Gallery expenses					4,368	3,687	8,055	2,693
	UF50 Event								2,030
	Governance:
	Accountancy —Independent				examination	3360		3360	3 156
						93,308	3,687	96,995	88,205

Tangible fixed assets
	Land and	Plant and
	Buildings	Equipment	Total
	8	E
Cost
At 1 October 2022	59,010	39,978	98,988
Additions
Disposals	59010	25399	~84409
At 30September 2023		14,579	14,579
Depreciation
At 1 October 2022	59,010	37,014	96,024
Charge for the year		741	741
Relating to disposals	59010	~25399	~84409
At 30September 2023		12,356	12,356
Net book value at 30September 2023		2.223	2,223
Net book value at 30September 2022		2,964	2,964
Heritage assets

	Total
Market Value	E
At 30September 2022	425,000
Revaluation
At 30September 2023	425,000

9.	Investments	Investments
										2023	2022
										E
	Investment	in subsidiary			company
	Summary Turnover	profit and loss account Classic Boat Restorations							Ltd
										2023	2022
										E	E
											12,856
	Cost ofsales and			administrative		expenses					~4116
	Operating	profit									8,740
	Distdibution	made		in year	to Classic Boat Centre Trust						~8740
	Retained in the		subsidiary
	The assets	and	liabilities		ofthe subsidiary		were:
	Cunent assets										601
	Creditors:	amounts		falling due within one			year				~600
	Total assets less current				liabilities					1
	Aggregate	share capital and reserves								1
	The Company		had not traded throughout				the accounting	period.	Payments	for boat storage are paid	to the Trust.
10.	Debtors
										2023	2022
										E
	Other debtors									906	6015
										906	6,015
11.	Creditors:	Amounts falling due within one year
										2023	2022
										E	E
	Amounts owed		to	group	undertakings					1	400
	Service charge		and other payables							11,754	13,599
	Other creditors		and accruals							2450	1 000
										14,205	14,999

Movement	in funds	- Current year
				At					At
			1	October	incoming	Outgoing		30	September
				2022 E	resources 6	resources f	Revaluation E		2023 F
General fund			515,793		82,443	(93,308)		504,928
Designated	Museum	Development
Fund				25,000					25,000
Restricted	funds
Museum Development		fund		46385		~3687			42698
Total funds			587,178		82,443	(96,995)		572,626
Movement	in funds	- Comparative	year
				At					At
			1	October	incoming	Outgoing		30September
				2021	resources	resources	Revaluation		2022
				E	6	6	E		E
General fund			120,920		88,244	(85,205)	391,834	515,793
Designated	Museum	Development
Fund				25,000					25,000
Restricted	funds
Re-opening	marketing	grant			3,000	(3,000)
Museum Development		fund		46385					46385
Total Restricted Funds				46,385					46,385
Total funds			192,305		91,244	(88,205)	391,834		587,178

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		Funds	Funds	Funds	Funds	Funds	Funds
		2023f	2023 E	2023 E	2022 E	2022 E	2022 E
Fixed assets		427,224		427,224	427,965		427,965
Stock		750		750	750		750
Debtors		906		906	6,015		6,015
Cash at	bank and in hand	115,253	42,698	157,951	121,062	46,385	167,447
Creditors	and accruals	~l4 205		~14205	~14999		~14999
		529,928	42,698	572,626	540,793	46,385	587,178
14.	Financial Assets and Liabilities
						2023	2022
						E	E
Financial	assets comprise debtors and cash and bank balances					158,857	173,462
Financial	liabilities comprise	creditors and accruals				14205	14999
						144,652	158,463

	2023	2022
	K	E
Under one year	6,026	6,026
Between one and five years	24,104	24,104
After five years	11550	17576
	41,680	47,706

FOR THE YEA	R ENDED 30SEPTEMBER2	R ENDED 30SEPTEMBER2	023
16. Comparative	statement offinancial activities
			Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
			2022	2022	2022	2021
Income and endowments		from:
Donations and legacies			70,109	3,000	73,109	76,737
Charitable activities			14,056		14,056	1,561
Investment income			79		79	42
Other income			4,000		4,000	25,157
Total income and	endowments		88,244	3,000	91,244	103,497
Expenditure on:
Raising funds			75		75	96
Charitable activities			85,130	3,000	88,130	106,556
Total expenditure			85,205	3,000	88,205	106,652
Net income/(expenditure)		forthe year	3,039		3,039	(3,155)
Revaluation of heritage assets			391,834		391,834
Transfers between	funds
Net Movement in	funds		394,873		394,873	(3,155)
Reconciliation of	funds:
Total funds brought	forward	at 1 October 2021	145,920	46,385	192,305	195,460
Total funds carried forward at 30September 2022			540,793	46,385	587,178	192,305