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2020-12-31-accounts

Registered company number 03295718 Registered charity number 1069820

The Wooden Canal Boat Society Ltd (A company limited by guarantee) Trustees' Report and Financial Statements

31 December 2020

The Wooden Canal Boat Society Ltd Report and accounts Contents

Page
Charity information 1
Trustees' report 2
Independent examiners' report 6
Statement of financial activities 7
Balance sheet 8
Statement of cash flows 9
Notes to the financial statements 10

The Wooden Canal Boat Society Ltd Charity Information

Trustees

Tony Hewitson (resigned 4 October 2020) Ryan Hinds (appointed 19 May 2021) Adrian Glasgow Daniel Manville Elizabeth Stanford

Secretary

Tony Hewitson (resigned 20 May 2020) Daniel Manville (appointed 20 May 2020)

Independent Examiner

Stephanie Stevens Shaw House 1 Shaw Street Ashton-under-Lyne OL6 6QJ

Bankers

The Co-Operative Bank Plc Business Direct PO Box 250 Skelmersdale

Lloyds Bank PLC 91 Old Street Ashton-Under-Lyne OL6 7RU

Registered office

173 Stamford Street Central Ashton-Under-Lyne Lancashire OL6 7PS

Registered number 03295718

Charity number 1069820

1

THE WOODEN CANAL BOAT SOCIETY LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31[st] DECEMBER 2020

The trustees present their annual Directors Report and Financial Statements for the charity for the year ended 31[st] December 2020 which are also prepared to meet the requirements for a Directors Report and Accounts for Companies Act purposes.

The Financial Statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard application in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Principal Activity

To preserve restore and maintain wooden canal boats of various types for the benefit of the public.

To advance the education of the public in the history, construction and operation of wooden canal boats of various types.

To relieve persons recovering from mental ill-health or stress related illness by the provision of a canal boat holiday.

To use wooden canal boats for any other charitable purpose according to the laws of England and Wales..

Structure, Governance and Management

The Company was incorporated on 23[rd] December 1996 by its Memorandum and Articles of Association to be a company limited by guarantee. The Wooden Canal Boat Society is registered with the Charity Commission.

Anyone over 18 can become a member and in the event of the company’s winding up, its members have agreed to pay a sum not to exceed £1.

The charity was registered with the Charity Commission on 30[th] May 1998.

Organisational Structure

The company runs on a non-profit basis and is a registered charity. The trustees are responsible for the overall management and control of the company.

In a normal year The Council of Management meet every month : four of these meetings (quarterly) are General Meetings and there has been an Annual General Meeting (AGM) usually in April. The General Meetings and AGM are open to members and others by invitation.

At the AGM trustees are elected or re-elected. According to the Articles there must always be a minimum of three trustees.

During the pandemic and lockdowns of 2020 the trustees, and sometimes guests, met via Zoom or other online platforms on ten occasions. The option of holding General Meetings via Zoom was not popular with the membership and it was therefore decided to hold the AGM in October 2020 when we could meet in person, although Zoom was made available for those who wanted it.

Management Team

Under delegation the day-to-day responsibility for the provision of services rests with the trustees.

At the beginning of the year the Trustees/Directors were Adrian Paul Glasgow, Daniel Manville and Elizabeth Stanford. Ryan Matthew Hinds joined the team mid-year.

The Treasurer was Emuna Smith.

2

Recruitment and Appointment of Trustees

Trustees are recruited from the general membership and volunteers or invited by the Council of Management if they have particular skills that would be useful. Those who show an interest are invited to attend Council of Management meetings so that they become familiar with the workings of the Society. They can then be nominated at the AGM.

During 2020 the charities activities were reduced, and, with the exception of Ryan Hinds, no potential Trustees came forward. It is hoped that as things return to normal, we will recruit more Trustees.

Trustee’s Induction and Training

An Induction pack is given to all Trustees on engagement. This includes the Wooden Canal Boat Society Constitution and Memorandum and Articles of Association. Over the course of their introductory time on the Council of Management potential trustees are briefed on their legal obligations under charity and company law, the Charity Commission guidance on public benefit, the decision-making processes and schedule of meetings. The on-line filing system is shared. Charity Commission updates and guidance are regularly circulated to the Trustees, as are opportunities for appropriate external training events.

Trustees Statement Regarding Charity Commission’s Guidance on Public Benefit.

This report describes how the Society has carried out its purposes for the public benefit and the trustees confirm that, in doing so, they have taken due regard of the Charity Commission’s public benefit guidance where relevant.

Developments, Activities and Achievements of the Charity

2020 was anticipated as the year when real progress would be made in terms of maintenance and renovation of the fleet of historic boats. Unfortunately, the pandemic put our operations on hold. At the time the pandemic started ‘Hazel’ was in Manchester earning some funds by providing accommodation for a group of mural painters. A group of volunteers were able to get the boat back to her home base at Portland Basin before the first lockdown. Recycling trips were suspended after the February trip.

During the first lockdown all work stopped on the boats except for essential maintenance of pumps. As the country opened up for the summer, ways were devised to operate well-being and commercial trips safely as well as having people stay overnight on “Hazel”.

The age profile of volunteers is relatively high, so maintenance, cleaning and operation of the boats was carried out by a very small number of individuals as it was necessary for many volunteers to continue shielding.

The charity shop closed several days before it was legally required to as it was felt that it would be irresponsible to expose volunteers, some of whom have underlying health issues, to possible infection whilst waiting for the government to make a decision.

There was a delay in re-opening the charity shop after the first lockdown because the manager was unable to return to work due to childcare difficulties resulting from the pandemic. The shop re-opened at the end of the school holidays but ran at a loss because of reduced footfall on Stamford Street. The society is very grateful to the shop landlord who was very helpful and understanding of the charity’s difficulties during this period.

With increasing restrictions in the Autumn, leading up to the second lockdown, most of ‘Hazel’s’ activities had to be cancelled. This resulted in a loss of income.

One major objective for 2020 had been the renovation of ‘Southam’s’ cabin and re-fitting of her engine, following on from the substantial hull repairs carried out in 2019. Sadly, this work was not possible in the circumstances and the cabin continued to deteriorate.

All in all, 2020 was disappointing as far as pursuing the charity’s objectives were concerned. It was very much a case of concentrating on survival and hoping for better times in the future

3

Staffing

As the situation normalises we will continue to work with our usual staffing level but this will be subject to ongoing reviews.

We would like to thank employees and volunteers for their support during a difficult year.

Fixed Assets

Set out in the Accounts

Finances and Reserves

The pandemic shut down most of our operations during 2020 and we were thankful for Government funding which has allowed us to continue our work.

We reserve funds to cover three months of running costs. This will be reviewed in 2021.

Major Risks

The Trustees regularly (at least yearly) review the major risks to which the charity/company is exposed and have established systems to mitigate those risks.

Risks are managed by insurance review, ensuring accreditation is up to date, reviewing policies and procedures and organising training for staff and volunteers. The latter is designed to minimise or manage any potential impact on the charity should those risks materialise.

Trustees’ Responsibilities in Relation to the Financial Statement s

The charity trustees/directors are responsible for preparing an Annual Report and Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the charity trustees to prepare Financial Statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources including the income and expenditure of the charity for that period. In preparing the financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy the financial position of the charity and to enable them to ensure that the Financial Statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and the group and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information including on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of Financial Statements may differ from legislation in other jurisdictions.

Statement as to Disclosure to our Independent Examiners

In so far as the trustees are aware at the time of approving our trustees’ Annual Report:

4

On behalf of the Board of Trustees

……………………………………… Daniel Manville Trustee

Date:

5

The Wooden Canal Boat Society Ltd Independent examiners' report to the members of The Wooden Canal Boat Society Ltd

I report on the unaudited accounts of The Wooden Canal Boat Society Ltd for the year ended 31 December 2020 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Respective responsibilities of trustees' and independent examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

I am qualified to undertake the examination, being a qualified member of the Institute of Chartered Accountants in England and Wales (ICAEW).

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of the independent examiner's report

My examination was carried out in accordance with general Directions given by the Charity Commission. 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 disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

have not been met; or

Stephanie Stevens

(Independent Examiner)

Shaw House 1 Shaw Street Ashton-under-Lyne OL6 6QJ

Date:

6

The Wooden Canal Boat Society Ltd Statement of financial activities for the year ended 31 December 2020

Notes
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
Total
Expenditure on:
Raising funds
7
Charitable activities
8
Other
9
Total
Net movement in funds
Reconciliation of funds:
Total funds brought forward
17
Total funds carried forward		 Unrestricted
Restricted
Total 2020
£
£
£
28,963
-
28,963
-
8,810
8,810
30,116
-
30,116
-
-
-
59,079
8,810
67,889
14,709
-
14,709
30,001
8,810
38,811
2,244
-
2,244
46,954
8,810
55,764
12,125
-
12,125
197,550
-
197,550
209,675
-
209,675		 Total 2019
£
2,919
-
58,456
134
61,509
31,723
45,133
2,812
79,668
(18,159)
215,709
197,550

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

7

The Wooden Canal Boat Society Ltd Balance sheet as at 31 December 2020

Notes
Fixed assets:
Tangible assets
13
Heritage assets
14
Current assets:
Debtors
15
Cash at bank and in hand
Liabilities:
Creditors: amounts falling due
within one year
16
Net current assets
Net assets
The funds of the charity:
Unrestricted income funds
17
Restricted income funds
17
Revaluation reserve
18
Total charity funds		 Unrestricted
Restricted
2020
£
£
£
83
-
83
155,128
-
155,128
155,211
-
155,211
5,247
-
5,247
51,354
-
51,354
56,601
-
56,601
(2,137)
-
(2,137)
54,464
-
54,464
209,675
-
209,675
169,888
-
169,888
-
-
-
39,787
-
39,787
209,675
-
209,675		 2019
£
115
159,693
159,808
1,320
38,556
39,876
(2,134)
37,742
197,550
157,763
-
39,787
197,550

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

The trustees are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The trustees have acknowledged on the balance sheet as at 31 December 2020 their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

Daniel Manville Director Approved by the board on

8

The Wooden Canal Boat Society Ltd Statement of Cash Flows for the year ended 31 December 2020

Notes
Cash flows from operating activities:
Net cash provided by/ (used in) operating activities
Cash flows from investing activities:
Net cash provided by/ (used in) investing activities
Cash and cash equivalents at the beginning of the reporting period
Cash and cash equivalents at the end of the reporting period
Net income/ (expenditure) for the reporting period
Adjustments for:
Depreciation
13
Decrease/(increase) in debtors
15
(Decrease)/increase in creditors
16
Net cash provided by/ (used in) operating activities
Analysis of cash and cash equivalents
Cash at bank
Total cash and cash equivalents		 2020
£
12,798
12,798
38,556
51,354
12,125
4,597
(3,927)
3
12,798
51,354
51,354		 2019
£
(12,481)
(12,481)
51,037
38,556
(18,159)
5,428
(43)
293
(12,481)
38,556
38,556

9

The Wooden Canal Boat Society Ltd Notes to the Accounts for the year ended 31 December 2020

1 Summary of significant accounting policies

Basis of preparation

The financial statements have been prepared in accordance with 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) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material.

Income received in advance of the provision of specified services it is deferred until the criteria for income recognition is met.

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the Charity's work or for specific projects being undertaken by the Charity.

Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

10

The Wooden Canal Boat Society Ltd Notes to the Accounts for the year ended 31 December 2020

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses.

Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Heritage asset "Hazel" Motor vehicles Fixtures, fittings, and equipment

Over 30 years from date of first use Over 3 years 15% straight line

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Leased assets

A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases.

The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments.

Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life.

Operating lease payments are recognised as an expense on a straight line basis over the lease term.

11

The Wooden Canal Boat Society Ltd Notes to the Accounts for the year ended 31 December 2020

2 Legal status of the Charity

The Charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per Trustee of the Charity.

3
Income from donations and
legacies
Donations
Grants - unrestricted
4
Income from charitable
activities
Grants - restricted
5
Income from other trading
activities
Fundraising
Membership
Online sales
Other income
Shop income
Hazel boat trips
Sponsorship
6
Investment income
Interest receivable		 Unrestricted
Restricted
Total 2020
£
£
£
1,963
-
1,963
27,000
-
27,000
28,963
-
28,963
Unrestricted
Restricted
Total 2020
£
£
£
-
8,810
8,810
-
8,810
8,810
Unrestricted
Restricted
Total 2020
£
£
£
20
-
20
484
-
484
5,932
-
5,932
1,224
-
1,224
17,766
-
17,766
4,434
-
4,434
256
-
256
-
30,116
-
30,116
Unrestricted
Restricted
Total 2020
£
£
£
-
-
-
-
-
-		 Total 2019
£
2,919
-
2,919
Total 2019
£
-
-
Total 2019
£
27
829
2,071
739
49,965
4,769
56
58,456
Total 2019
£
134
134

12

The Wooden Canal Boat Society Ltd Notes to the Accounts for the year ended 31 December 2020

7
Expenditure on raising funds
Unrestricted
Restricted
Total 2020
£
£
£
Advertising and PR
-
-
-
Depreciation
32
-
32
Insurance - shop
1,531
-
1,531
Postage
699
-
699
Rates
55
-
55
Rent
10,608
-
10,608
Repairs and maintenance
67
-
67
Stationery and printing
161
-
161
Subscriptions
89
-
89
Sundry
362
-
362
Telephone and fax
1,105
-
1,105
Wages and salaries
-
-
-
14,709
-
14,709
8
Expenditure on charitable
activities
Unrestricted
Restricted
Total 2020
£
£
£
Boat repairs and maintenance
4,044
-
4,044
Boat licences and insurance
4,899
-
4,899
Depreciation - boats
4,565
-
4,565
Light and heat
3,851
-
3,851
Motor expenses
2,808
-
2,808
Pension
149
-
149
Volunteer expenses
119
-
119
Wages and salaries
9,566
8,810
18,376
30,001
8,810
38,811
9
Other expenditure
Unrestricted
Restricted
Total 2020
£
£
£
Accountancy fees
2,244
-
2,244
Bank charges
-
-
-
Professional fees
-
-
-
2,244
-
2,244
10 Net income/ (expenditure) for the year
2020
£
This is stated after charging:
Depreciation of owned fixed assets
4,597
Independent examiners' fee
1,250
Other accounting services
994		 Total 2019
£
229
863
1,531
802
1,721
16,262
296
279
304
408
1,106
7,922
31,723
Total 2019
£
9,888
5,418
4,565
3,035
2,407
180
57
19,583
45,133
Total 2019
£
2,304
36
472
2,812
2019
£
5,428
1,250
1,054

13

The Wooden Canal Boat Society Ltd Notes to the Accounts for the year ended 31 December 2020

11 Staff costs
Unrestricted
Restricted
Total 2020
£
£
£
Wages and salaries
9,566
8,810
18,376
Other pension costs
149
-
149
9,715
8,810
18,525
Average number of employees during the year
Number
Charitable activities
2		 Total 2019
£
27,505
180
27,685
Number
3

No employees had employee benefits in excess of £60,000.

The charity trustees were not paid, nor received any other benefits from employment with the charity in the year.

12 Government grants

Income from government grants comprises of grants made by local authorities to fund projects in line with the charities objectives. See the 'analysis of charitable funds' note for more information regarding the amounts of these grants.

13 Tangible fixed assets

Cost or valuation
At 1 January 2020
At 31 December 2020
Depreciation
At 1 January 2020
Charge for the year
At 31 December 2020
Carrying amount
At 31 December 2020
At 31 December 2019		 Motor
vehicles
Fixtures
and fittings
At cost
At cost
£
£
2,495
3,784
2,495
3,784
2,495
3,669
-
32
2,495
3,701
-
83
-
115		 Total
£
6,279
6,279
4,437
32
6,196
83
115

14

The Wooden Canal Boat Society Ltd Notes to the Accounts for the year ended 31 December 2020

14 Heritage assets

Cost or valuation
At 1 January 2020
At 31 December 2020
Depreciation
At 1 January 2020
Charge for the year
At 31 December 2020
Carrying amount
At 31 December 2020
At 31 December 2019
15 Debtors
Other taxes and social security
costs
Prepayments
16 Creditors: amounts falling due
within one year
Other taxes and social security
costs
Accruals		 Heritage
assets
At valuation
£
177,953
177,953
18,260
4,565
22,825
155,128
159,693
Unrestricted
Restricted
Total 2020
£
£
£
151
-
151
5,096
-
5,096
5,247
-
5,247
Unrestricted
Restricted
Total 2020
£
£
£
-
-
-
2,137
-
2,137
2,137
-
2,137		 Total 2019
£
-
1,320
1,320
Total 2019
£
55
2,079
2,134

15

The Wooden Canal Boat Society Ltd Notes to the Accounts for the year ended 31 December 2020

17 Analysis of charitable funds

Analysis of movements in unrestricted funds

General fund
Revaluation reserve
Name of unrestricted fund
General fund
Revaluation reserve		 At 1
January
2020
Incoming
resources
Resources
expended Transfers
At 31
December
2020
157,763
59,079
(46,954)
-
169,888
39,787
-
-
-
39,787
197,550
59,079
(46,954)
-
209,675
Description, nature and purpose of the fund
The 'free reserves' after allowing for all designated funds.
Revaluation of Heritage assets, that no longer have a restriction
over their use.

Analysis of movements in restricted funds

CJRS
Name of restricted fund
CJRS
18 Other reserves
Revaluation reserve
At 1 January
At 31 December		 At 1
January
2020
Incoming
resources
Resources
expended Transfers
At 31
December
2020
-
8,810
(8,810)
-
-
-
8,810
(8,810)
-
-
Description, nature and purpose of the fund
Government grants towards wages
2020
2019
£
£
39,787
39,787
39,787
39,787

16

The Wooden Canal Boat Society Ltd Notes to the Accounts for the year ended 31 December 2020

19 Other financial commitments

Total future minimum lease payments under non-cancellable operating leases:

Falling due:
within one year
within two to five years		 Land and
buildings
Land and
buildings
2020
2019
£
£
15,912
15,912
3,978
19,890		 Other
Other
2020
2019
£
£
-
-
-
-

17

The Wooden Canal Boat Society Ltd Detailed statement of financial activities for the year ended 31 December 2020

Sales
Donations
Fundraising
Grants
Interest receivable
Membership
Online sales
Other income
Shop income
Hazel boat trips
Sponsorship
Expenses
Accountancy fees
Advertising and PR
Bank charges
Boat repairs and maintenance
Depreciation
Depreciation - boats
Insurance
Light and heat
Motor expenses
Pension
Postage
Professional fees
Rates
Rent
Repairs and maintenance
Stationery and printing
Subscriptions
Sundry
Telephone and fax
Volunteer expenses
Wages and salaries
Net income		 Unrestricted
Restricted
TOTAL
2020
2020
2020
£
£
£
1,963
-
1,963
20
-
20
27,000
8,810
35,810
-
-
-
484
-
484
5,932
-
5,932
1,224
-
1,224
17,766
-
17,766
4,434
-
4,434
256
-
256
59,079
8,810
67,889
2,244
-
2,244
-
-
-
-
-
-
4,044
-
4,044
32
-
32
4,565
-
4,565
6,430
-
6,430
3,851
-
3,851
2,808
-
2,808
149
-
149
699
-
699
-
-
-
55
-
55
10,608
-
10,608
67
-
67
161
-
161
89
-
89
362
-
362
1,105
-
1,105
119
-
119
9,566
8,810
18,376
46,954
8,810
55,764
12,125
-
12,125		 TOTAL
2019
£
2,919
27
-
134
829
2,071
739
49,965
4,769
56
61,509
2,304
229
36
9,888
863
4,565
6,949
3,035
2,407
180
802
472
1,721
16,262
296
279
304
408
1,106
57
27,505
79,668
(18,159)

18