THE WOODEN CANAL BOAT SOCIETY LTD COMPANY REGISTRATION NO: 03295718 IEn9landl CHARITY REGISTRATION NO: 1069820 FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 OECEMBER 2022 'AC85kI9YO• 0110912023 CCWPANIES HOUSE Alo #7 THE WOODEN CANAL BOAT SOCIETY LTD FINANCIAL STATEMENTS FOR THE YEAR EIIOED 31 OECEM8ER 2022 INDEX PAGe PAGE NO. CONTENTS Oirectors. Report Independent Examinerfs Report Statement of Financbal Activib'es Balance Sheel Statement of Cash Flows 15 Notes to the Accounls THE WOODEN CANAL BOAT SOCIETY LTO Report of the trustees for the year ended 31° Decernber 2022 The trustees present their annual director5. report and financial statements of the charity for the year ended 31st Detember 2022 which are also prepared to meet the requirements for a directors. report and accounts for Companies Act pvrpose5. The financial statements comply with the Charities Act 2011. the Companies Act 2006. the Memorandum and Articles of Association. and the Accounting ond Reportln8 by Charitie5'. Statement of Recommended Practice applicable to charities preparing their account5 in accordance with the Financial Reporling Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective I january 20191. Reference and administrative information Charity Name.. The Wooden Canal Boat Society Ltd. Charity Number.. 1069820 Company Number. 03295718 Dirertors and trustee5 The directors of the charitable tompany (the charity) are its trustees for the purpose of charity law. The trustees and officers serving durbng the year and since the year end were as follows.. Key mana8ement personnel: Trusteès and Directors Ryan Hinds Iresigned June 221 Daniel Manville Secretary Elizabeth sianford Marilyn E Smith VoluntaryTreasurer I noi Trustee} Registered Offi¢e 173 Stamford Stieet Central Ashton-Under-Lyne OL6 7RU Independent Examiners Comrnunity Accountanry service Limited The Grange Pilgrim Drive Beswick Manchesrer MII 3TQ Bankers The Co-operative Bank PIC Business Dire Lloyd$ Bank PIC 91 Old Street Ashion-Under-Lyne Ot6 7RU PO Box 250 Skelmersd3le THE WOODEN CANAL BOAT SOCIETY LTD Structure. governance and management The Wooden Canal Boat Society Ltd is a company limited by guarantee governed by its Memorandum and Articles of Association dated 23, December 1996. It is regTrstered as a charity with the Charity Commission and is constituted under a trust deed dated 30" May 1998. Objectives and activities To preserve. iestore 3nd 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 ment31 ill-health or stress related illness by the provision of a canal boat holidav. To use wooden canal boats for any other charitable purpose according to the laws of England and Wales. The trustees confiim that they have referred to the tharity Commission's guidance on public benefit when reviewing the Charit¥s aims and objectives. in plannin8 future attivities. and setting the policies for the yeaT. A review of our achievements and performan During 2022 Awards For Aiffunded well-being trips for NHS and care workers as a 'thank you. for all their hèrd work duiing the pandemic. These trips We￿ well appreciated by the beneficiaries. Due to a motorboat mechanical breakdown and the skipper needing urgent medical treatment. Awards for all agreed to extend the ftjnding up to the end of Ortober. In tolal we cornpleted 52 trip5 fgr a total of 317 guests and also provided 8 training sessions. Essential maintenance was undertaken throughout the year on all boats. Forget Me Not and Hazel were prioritised as they were necessary for the running of the Awards For All trips. Extensive maintenance work on narrowboat Queen was undertaken and this has brought her up to a Standard that will enable her to have a full restoration. After the charity shop mana8er resigned and left us in May 2022 Ihe volunteer5 decided to run the shop themselves on a collaborative basi5. Thanks to the Inittative of the volunteers the layouL of the shop and procedvres improved resvltlng in the business becoming more successful and attracting a wider range of shoppers. Financial review The Irustees receive a monthly Treasurerfs Report. They review the finance5 regularly and are satisfied with the results. Total income in the year was £68.281 and expenses £65,446 leaving a small operatlng surplus of £2,835. Investment powers and poly The trustees, having regard lo the liquidity requirements of operatin8 the charity. have kept available funds in a current account. THE WOODEN CANAL BOAT SOCIETY LTD Reser¥e5 policy and ioing concetn The balance held in unrestrirted reserves at 31. December 2022 wa5 £215.222 of which £73.309 is free reserves, after allowin8 for funds tied up in tangible fixed assets and heritage assets. The balance held in restricted reserves at 31, December 2022 was £5.13012021.' £8,028). The trustees aim to maintain free reserves in unresiflcted funds at a level which equates to approximately three month5 of unrestricted charitable expenditure. The trustees consider that this level will provide sufficient funds to respond to applications for grant5 and ensure that support and governance costs are covered. Risk management The trustees regularly lat least yearly) review the rnajor risks to which the charitylcompany is exposed and have established Systems to mitiÉate these risks. Risks are manaEed by insurance review. ensuring accreditation is up to date. reviewing policies and procedures and organising training for staff and Volunteers. The lattef is designed to minimise or manage any potential impact on the charity should these ri5k5 materialise. Plans for Future Periods Plans for 2023 Include.. Continuing to provide well-being trips with narrowboat Hazel and motort)oai Forget Me Not. Continving to maintain all the boats. with specific emphasis on Hazel and Forget Me Not as these are essential for well-being trips. Continuing to seek volunteers fof all aspects of our operation. including strengthening our committee and recrulting Trustees We did not manage to oiganise Genefal Meetings In 2022. This was due to Ihe pandemic and Long Covid affecting key committee members. The AGM was deferred back to january 2023. again the result of a key member of the commitiee being hospitalised_ During this time the 8eneral membership were kept informed of oui activities via social media and a newsletter. We now intend to resume normal functioning where meetings ale concerned. Appointment of trustees Trustees are recruited Ifom the general membership and volunteers or invited by the Council of ManaÉement if they have particular skills that would be useful. Those who show an interest are invited to attend Council of Managemeni meetin8S SO that they become familiar with the wgrkings of the Society. They can then be nominated at the AGM. Trusteè induction and training An induction pack is given to all Trustees on appointment. This indudes the Wooden Canal Boat Society Constitution and Memorandum and Articles of Association. Over the cotlrse of their introductory ttme on the Council of Management potential trustees are briefed on their legal obligations under chèrity and company law. the Charity Commi55i0n guidance on public benefit, the decision making processes and schedule of meetings_ The online filing Systern 15 shared. Charity Commission updates and guidance are regularly circulated to the Trustees. as are opportunitie5 for external training events. THE WOODEN CANAL BOAT SOCIEfY LTD Organisation The board of trustees administer5 the charity. The board normally meets monthly. Related partiès and tovoperation with other organisations None of our trustees receive remuneraiion or other benefit from their work with the charity. Any connection between a trustee or senior manager with any service providers must be disclosed to the full board of trustee5 In the Same way a5 any other contractLJal relationship wtth a related party. In the current year no such related party transactions were reported. Trustees responsibilities in relation to the finanoal statements The charity trustees (who are a150 the director5 of The Wooden Can31 Boat Society Ltd for the purposes of company lawl are responsible for preparing a tru5tees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare financial siaiements 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 re50urce5. including the income and expenditure, of the charitable company for that period. In preparing the financial statements. the trustees are required to= Select suitable 3ccovntinE principles and then apply them consistentlv,. Observe the methods and principles in the applicable Charities SORP. Make judgments and estimates that are reasonable and prudent.. State whether applicable accounting standard5 have been followed, subject to any material departures that must be disclosed and explained in the financial 51atements- Prepare the financial statemenis on a going concern basi5 unless it 15 appropriate to presume that the tharity will noi continue bn business. The trustee5 are responsible fof keeping proper accounting records that disclose with reasgnable accvracy at any time the financial position of the charity and to enable thern to ensure that the financial statements comply with the Companies Art 2006. They are also responsible for safeguarding the asseis of the charity and taking reasonable steps for the prevention and detection of fraud and other irregula¥ities. By order fthe d of trustees Daniel Trustee Date.. 19, August 2023 INDEPENDEiYf EXAMINER'S REPOR T TO THE TRUSTEES OF THE WOODEN CANAL BOAT SOCIETY L TD I report on the accounts of the company for the year ended 31 December 2022. which are sel out on pagcs 6 to 15. Respective responsibilities of trustees and examiner The trustees (who are a150 the directors of the company for the purpos¢s of company law) are responsible for the preparation of the accounis. The trustees consider rhai an audit is not required for this year under section 144(2) of ihe Charities Act 2011 (Ihe 201 l Act) and thai an independent examination is needed. The charity is required by company law to prepare accrued accounts and l am qualified io undertake The examinaiion by being a qualified member of The Institute of Chartered Accountants in Erkgland and Wales. Having satisfied myself that the chari(y is noi subject to audit under company law and 15 eligible for independent examination, it is my responsibility lo= examine the accounts under seciion 14) of the 201 l Act - io follow the procedures laid down in ihe general Direciions given by the Charity Commission under Section 145(b) of the 201 l Act- and to stale whether particular matters have come to my attention. Basis of independent examiner's report My examinaiion was carried oul in accordance with the general Directions given by the Charity Commission. An examination includes a review of the ac￿UntIng record5 kcpt by the charity and a comparison of the accounts presented wilh (hose records. li also includes consideration of any unusual items or disclosures in the accounts, and seekints explanations from you as trustees concerning any such niatters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as io whe(her ihe accounts present a 'true and fair view, and Ihe report is limited to thos¢ matters sel out in the statement below. Indepe￿dent examiner's statement Exc¢pi as disclosed below. in connection with my examination, no matter has come lo my attention.. (l ) which gives me reasonable ￿uSe to believe Ihat in any material respeci ihe requirements to keep accounting records in accordance wilh section 386 of the Companies Acl 2006. and to prepare accounts which accord with the accounting records. comply wilh the accounting reqviremenTS of seciion 396 of (he Companies Act 2006, and with (h¢ methods and principles of Ihe Siaiement of Recommended Practice.. Accounting and Rewirting by Charities have not been mei,. or (2) to which, in my opirbion. alleniion should be drawn in order to enable a proper understanding of the accounts lo be reached. EL Anderson MA FCA cfA Community Accounlancy Service Ltd The Grange, Pilgrim Drive Beswick, Manchester. M I13TQ Dale.. 19th August 2023 THE WOODEN CANAL BOAT SOCIETY LTO STATEMENT OF FINANCIAL A¢TwifiES FOR THE YEAR ENDING 31 0ecEMBER 2022 IINCORPORATING INCOME AND EXPENOITURE ACCOUNTI Year EThled 31.12.22 To¢al Fund$ Year Ended 31.12.21 Unreslryjed Reslricted Fwds FurK15 F￿￿$ Income from= Donations al￿ Lega Oonalion in KiTrl Chanlable ActiwlEs Oiher Trading Athfvitses Totsl 1,210 7,695 3,817 508 13.230 5,626 7.695 4.627 50.651 68.281 810 50.143 55.051 36,596 35.181 77.403 expendituro on.. Rai￿n9 Funds Charita￿8 Actiwtses 123.5281 123.4881 123,5281 141.9181 117.1351 141.0921 118.4301 Totsl 147.0161 118.4301 165,M61 158.2271 Net intomel(exponditur•l 8.035 2.835 19.176 Tran$fers beM*en fuThJs 16 12.3021 2.302 Other r￿QgnIsed gain51llossesl= GèinsJlh)sse$l on ￿Valuation ol fixed assets 9.e66 {21,0(Wl Nét movom•nt In fund¥ 15.399 12.8981 12.501 11.8241 RECONCILIATION OF FUNDS T￿8] Funds Brou9hl Forward 199.823 8.028 207.851 209.675 TOTAL FUNDS CARRIED FORWARD 16 215.222 5.130 220,352 207.851 The 5ts1emwl offinantyal aL#Mlies incknjes aa gains aThY ￿SSeS in yea¥ Al intomir¥J reswrces and rvsources expeThJed derive Ifom cwlinuir4 adNities. nrAe5 on poges 9 10 15 fomi ofihe5e accounts. THE WOODEN CANAL BOAT SOCIETY LTD BALANCE SHEET AS AT 31 DECEMBER 2022 Registraiim ￿Jrn￿'. 03295718 2022 2021 NOTes FIXED ASSETS Tangib￿ Fixeo Asseis Heriiage Asseis 11 12 110.913 31.C#JO 141.913 99.542 31.CKJO 130.S42 CURRENT ASSETS Debtors & P￿paY1￿ents Cash al Bank & In H￿d 6,799 2.th)0 71.122 79.122 81.321 LIABILITIES.. Amounts falling dL* one ar 14 11.8131 1.813 2.882 NET CURRENT ASSETS 78.439 77.309 TOTAL NET ASSETS 220.352 207.851 THE FUNDS OF THE CHARITY Unrestncled Reser¥es Revaluation Reserve Reslricled Reserves TOTAL CHARITY FUNDS 16 16 16 186.769 28.453 5.130 220.352 181.036 18.787 8.028 207.851 For Ihe year In qL*8tion the comparywas enttrd to It￿ wjit L¥)der sedp)n 477 01 the CompanÈs A￿ 20(￿ relating 10 Small ¢￿paTh￿S -The meM￿r$ have noi WLMred company 10 obtain ￿ a￿rt ofrts accourbts for tr* year n ques11￿ Mi aecofdance with secbon 476. - The direclurs acknOw￿d￿e their respon$ibh"i*s lor compw ￿1h Ihe requirerrEnts of the Ad with rt$ped 10 actouniing aTrl the weparatw of accowl5. These accoun15 ha¥e bÈen prep8red In accwdartt wilh ￿ pro¥15Km￿ aP￿￿Kab￿ 10 compan￿5 subie¢t ￿ the smalj compan*s' regime. Approve on tsehal f the Board Dan￿ Manmle (rrus*el Oa¢e.- 191h Augusi 2023 n(*e5 ￿ pages 9 to 15knn parn of Il%se account5. THE WOODEN CANAL BOAT SOCIETY LTD STATEMENT OF CASH FLOVIS FOR The YeAA eNDIMG 31 DECEM8eR ?022 RECONCILIATION OF NET MOVEMENT IN FUNOS TO NET CASH FLOW FROM OPERATING ACTIVIMES 2021 Nel ffloyement in funds Add back deprecialion Add back revaulat￿n of ￿rita9e assels Decreasellincreasel ￿ debiors Increa5elldecreasel in creéitors Nei wed in oper•iini attiyitie5 2.835 5,990 19.6661 14,7991 19,176 4.761 21.0(Kl 3.247 24 47.8fj0 {4,5711 cash flows from invostm8t)t 8cti¥6ti88: Purchase offixed a$5el$ Increaselldecreasel wi valL* offixed asseis Irevatyjatithil lrtreasel1dec￿8seI m valL* of henlage assets Not cash provided by Snv8Sfing aciivit 17,8951 9,666 11.0921 121.t)Xll 122.0921 1.971 Inueaselldecfeasel in cash and cash equNa*nts the 12.6001 25.768 Cash and cash equiva*ryts brwghl fr*ward 77.122 51.354 Cash and cash equiva￿￿ts carn￿d fo￿ld 74,522 77.122 THE WOODEN CANAL BOAT SOCIETY LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022 1. ACCQVNTING POUCIES lal Basis ol prep4ration and agsesgment of going concern The accounls lfinarKxal siatemenisl ha¥e been kyepafed uTrJer ￿ historical cosi corwenlion vAih item5 Ye￿9r￿se￿ al cosl or transactiL￿ ¥abJe 01heTh￿ siaied in Ihe ￿leY8￿1 ￿leS lo I￿se accoun15. The finaroal $iaiemenis have been ¥Mepa￿d In a(*Ordan￿ Ihe statement of Recomrrended Praclice." Account￿9 RepOrtU￿ by Chari* prepanng Ihw attounis in accordance wlh Finanoal RePO￿l¥j SlaThlard applicab￿ In Ihe UK aryj Repubhc of IreL8TrJ IFRS 1021 JarrtJary 2019 aTrY IIE FinarKrJl Reporting Standarf app*aNe in tt* LfvNied ngdom and Rewtdic ol Iieland IFRS 1021 Charrt￿S Ad 2011. chanly cons111￿e$ a public benefil enlty as defined by FRS 102 The Iruskes consider that Ihere are rK* materi* wKerta¥th5 aw the abilrty 10 as a goiry concem. Ibl Funds 8lW¢ture Resthcied are funds 4thich are lo be used In aCcUdan￿ $pÈtif￿￿estitE￿ffi$ imposed by Ihe donof ￿ IIUSI deed. *re 3 ￿SIr￿0 fuThYs dwiryJ the ￿ar. Unresin¢Aed irthme fuTrls comwse tbose fuTrls ItU5tees ￿ free lo use fDr any purpose in funherance oll￿ charfab￿ objects. Un￿$th￿ed fuTrJs deswaled fvnd5 Ihe ItuslEes, ai Ih*r disuelion have C￿ated a lor a spetyfic txKpose. Further details ofeath fiJThJ ¥e disthsed 16. 1¢) Income reCOgn￿lI￿n JI income is recowused Or￿ Tr chanty has entiUBrr*nt lo tt* is probab￿ Ihai Ihe inc(xne %￿11 be ￿e￿1Ve￿ and the amtyjni of ir¢come can be measured rehab Donal￿n5 are recoynLsed whell the chanty has LEen r￿lI[*d w) ol boih amounl and selllemenl dale. In the event thai a donakn)n is S￿￿eCt io tonditwM$ Ihai reouwe a *vel of perfoTmar before Ihe ¢*arity 15 enti￿ lo I1* funds. the H￿)Me ts deferred reCogn￿e￿ unlil elher Ihose cMdnts?ns are tumy rnel. or the fUir￿Ment of IhD5È CL￿11￿)n$ is the conlrol olthe charty aThY il 15 probab* Ihal thOSÈ t¢)ndthons will be in ￿ repor￿￿ Fer￿￿ Interest on fvnds on depowl 15 vthen re(*tvable at*1 the amouni can te ffea5txed reliabty by the chanly. Ihis nrymalty UP￿ n￿fiCa￿On ofthe Inte￿1 paAJ ￿ payable by Ihe bank. Operating Income rep￿SentS grants. sa*5. rnembptships and suTrJry yKome reca¥ab*. Idl Expenditure Recognition LIaty1￿es are ￿C091*SelI0s expefid￿ a$ 500n as Ihwe is a *gal or ¢(￿￿ru￿￿e obl4abc47 ommffting the charity lo Ihal expen(thlure. it is wobable Ihai Sen*n￿￿1 be requirEd and I amount oflhe oblvJalion bè measu￿￿ ￿liab￿. AJI experKlilure accoullt¢d foT on an accfuèls ba*s. Ml expenses incd￿ry support C05t5 and g￿ernan¢t c051s are alk)caled or apPK)rt￿nEd to the a￿l¢*b￿ exFeThlilwe headir¥Js. Fry MNE informalion allribulion referto nolÈ In ￿l(¥w. lel Irrecoverable VAT Irreco¥erabbE VAT 15 agw$i the l*athvJ for was inwrre¢J. 111 Allocation of support and 9ov¢rnan¢e ¢osts Support cosis have been alkicale¢J belwn govem•Ke u)sts **J ots support r¥Jsts. Govemance ¢osis comprise 8110)sis In¥oknrMJ putyic acCoun1*￿ty of It￿ chaiity atxl rts Com￿ranCe %*ilh reyulalion aThJ good prathice. Ttrtse costs ￿￿￿le c051s relale¥ lo indeperKleni ÈxaminaiH)n and *gal fees together wlh an apponh)nn*ni of ovethead and sUPP(Ht costs. Govemance Costs and support costs fe&Mg 10 charitable ha%* been apporiK)r*d based slafllirne armt latiliti25 used In eath aciwty. The *bcal￿n ol$uprrtJrt and go¥ema￿ (y)sts B ￿Se￿ n nole 8. 191 Charitable A¢tivitWS Costs of ctt3rrta￿e aCI￿rt*S I￿je go¥wn•Kx ¢osts aTrJ an appOrt#￿rt of wpporf cos¢s a$ shown in Note 7. THE WOODEN CANAL BOAT SOCIEfY LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDEO 31 DECEMBER 2022 10 Ihl Tangiblo fixed 488•ts and d*prKlation F￿ed a55els are ifLcLthd In the 3ccoim15 at nei book vabJe of a sir¥J￿ item ora grrajp of similar assets exceettu￿ £500. are caplal$ed ai co51 1valuats￿ fof donated a55e151 Deprecialion is pro￿0ed lo wr*e off Ihe cost less ￿ esL4Tr8tsd reswJu¥ Val￿ off1w￿l￿e f￿ed as5els over Ihew e$limaled uselul lives as folk7￿- Office Eouwftknt & Fillirws 25% ￿ cost 8oals- Hazel f 30 year5 frcffi dale of fir51 L The wo(yJen boats Tr)1 in operatiw are treated as hwitage assets and ￿-¥al￿ M an amual bas￿. The boats are amualty by an eX￿r￿£d tru5*e v IwlbL*kler. lil Taxatio The 0rgar45ai￿ is exeffty)l fv¢th lic¥J￿e lax rea5an ol ts tharitable Slatus. IrKome tsx red on inveslmer* redawne¢J n hjl. ￿ Cbanty is Th)t regis*￿d for VAT. Ul Pgn$ions The charity has Implemented an aulo enrc4menl rEnsK)n stheme The charity ha5 rio liability beyond makin9 118 conirit*Jth)ns and pawrvj 8tm5S Iht deducth(¥ts for Ihe ern￿.$ ¢￿trib￿b￿S. Costs are char¢Jed 10 exwThYrtwE in the in¢)md. Ikl o￿lat￿n9 1oas•s RentaL% payat* ur¥Jw operabng *ase5. *bere srttsianfv"atyall the risk% rewards of tship remains les50r, are chai9ed 10 of Financial AciNit*S m Ihe yea¢ ￿ whith Ihey fall due. 111 ¢onting¢nt li3btliJes A conlingenl lablity is Hlentified and lof those Iiafisxiws resuMwYJ ffom a poswt4e oNigalion which %4711 onty be cwf¥med Lx¢>fftr￿ olve or more ￿Certain fviure everts rKJl oltywilhin Ihe Irusiees. corlrol. lrnl D•btOV5 Trade and olherdeblors are reco9msed al Sett￿rr￿m am(L¥M due after anytr*Je olkred. Prepaymenls a￿ ¥￿Ued al the amtyJrn r*1 ofany tr8de disc(Wts d￿. n) Croditors and Provi5ion$ Credilots and prowwon5 are recoynLsed %¥there ￿ cwhas a wesenl cWat*in resU￿ry Irom a p85t event th31 vjill probabty re5uII In Ihe Iransfti of fU￿S 10 a third party and 8rnoJnl Oue lo Sell￿ I obWJation can be rneasured oreslimaied rehabty. Credi1ty5 v0￿￿K)n5 are nwalty recognised at th￿r 5ettlerneni arno￿1 aflef alry￿￿9 for any trade due. NET INCOME FOR THE YEAR 2022 2021 Ths is stated aftertharyin9. Dekyeoabon. o%ffied asse IrKJepeNthnl Examinefs Fee5 Other finanual semces 5.990 1.206 247 9.326 1.200 TAX ON SURPLUS ON ORDINARY ACTIVITIES Isee laxal￿n pc4Gy note abo¥el 4 INCOME FROM cHAl￿TABLE ACTIVlnES Unre5tii¢ted Restricted Funds Ful￿$ Totsi 2022 Unrestricted Restricted Funds Funds Total 2021 Gtsnts." TMBC Busiress Support Grant Tarne5ide M8C Reslart Gianl Awards 4 AJI CJRS Memtership H￿1 & Other Boai Trips 12,5 12,8 4.0(Kl 10.oc 5.873 213 4,010 36,596 4.0 10.0 5.873 213 4.010 24.0 150 3.817 3.817 4,477 4,627 810 12.sr¥) THE WOODEN CANAL BOAT SfXIETY LTD 11 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022 l¢onL..I S INCOME FROM OTHER TRADING ACTIVITIES Unve¥tricted Restricted Fun4Js Funds Totsl 2022 Total 2021 Onhne sa￿5 Other ￿cOMe Shop LI￿OrnE SponsrKship 8.429 8.429 709 5.969 41.(K)5 28.472 508 508 508 50.651 50.143 35.181 Res1¥￿ted Fur*Js Unresirided Ftsnds 35,181 35.181 6 COST OF R￿SING FUNDS Adyertisirvj & Mafkeiiry Posiage AirBNB Fees Shop Expenses 179 440 101 16.415 17.135 550 22.135 23,528 EXPENOITURE Ttsta 2022 Toial 2021 Charitable Actiwties employrnenl Costs TraI￿r¥4 Costs 8oal repairs & maintenaN* 8oat licences & ￿5￿[#￿¥* 8oal Running Costs Deprecialk)n- boats 8oatyard repairs & maintenance Heal. LvJhl & Waler vehKk runrurwj cos15 & ￿$￿¥￿(* Vdunleer Expenses Newsleller Swpon Costs GovemarKe Cos15 13.473 753 6.731 4.345 19,346 4.851 4.014 3.229 307 1.492 2.742 231 80 5.244 1.825 41.918 4,565 183 1,920 2,847 39 1,083 2.244 41.092 Reslitled F￿dS Unreslncied FU￿S 11.845 30.073 41.918 11.845 29.247 41,092 THE WOODEN CANAL BOAT SOCIETY LTD 12 NOTES TO THE ACCOUNTS FOR THE YEAR ENDEO 31 DECEMBER 2022 {cont...} G•n•w•l Support Govemancg Tot•1 2022 ALLOGArnP4 OF GOVERNJJ4¢E AIID SUPPORT C¢)STS Total 2021 Support Costs C￿an1r¥￿. Repair5 MaNilenanL* MiTh)r Equipment Prhiling. slalKi￿ryI Postage Refreshmenls Tdephone PlknI￿￿nS aftd Sth¢ri)IKN Deprea8lKin Bank a Card Charge$ Sundries Accountancy & Pay 236 641 197 115 423 433 2.761 63 375 236 641 197 214 102 423 433 2.761 63 375 1.825 7.069 77 196 303 2.244 3.327 1.825 1.825 5,244 2022 2021 STAFF NUMBERS AND COSTS 13.393 19.036 Wages and Salarie$ Social SecAJriiy Cos15 Pensi(Jn C￿$ 310 13.473 The chartyemptoyed 2 siaff dthng >tar. an average 011 The average number ofetrWo>*s was. Ch8rAa￿e Aclivil*S The charty considers ils key management pwsmnel crrnprises Ihe Iruslees The lol* eM￿oYMent ténefrt$. inclJdin9 emwoiv perty￿ contribuli(w)s 01IF* key management perSo￿e1 was £nd. Iprevths year. £rMI.I, No employees ha5 be￿ in excess of£60.(m12021." ntwrl 10 TRUSTEES. REMUNEFiATION AND EXPENSES No remuneral￿n was paid or payabte direclty w indyecty ￿ ol ofthE charity during the year 10 any Irusttts or lo arry pefsws krthM to be co¢)nethed wlh any oflhem. No re1mbursern￿l ol expenses has been made or i5kn1o bE rnad2 to any of Ihe no￿eXe0jt￿e Iruslees In ￿SpeCt olthe penod. THE WOOOEN CANAL BOAT SOCIETY LTO 13 NOTES TO THE ACCOUNTS FOR THE YEAR ENOEO 31 DECEMBER 2022 Icont...) 11 TANGIBLE FIXED ASSETS Oon•t•d VghiGI95 Total "H•zel" Eguipmèni COST OR VALUATION Al 1 January R8valuèb dillons Oisp05als Al 31 OetembÈr 2022 130.LXKI 4.876 134.876 7,695 7.695 139.666 7.695 4.876 152,237 OEPRECIATION At 1 January Charge f¢y Period Otsposals At 31 0￿mber 2022 31.437 3,229 3.897 35.334 5.990 2.565 2,565 4.093 41.324 NET BOOK VALUE At 31 De¢2rnber 2022 105,0 5,130 783 110.913 At 31 Oecerther 2021 98,563 979 99.542 12 HERITAGE ASSETS Hevitage Assets Total COST At 1 J¥rxJ ReVa￿allOn At 31 Decerthr 2022 31.(XX) 31.ri)J 31. 31.ry)o NET 800K VALUE Al 31 OettrTrber 2022 31.Cth) 31.CXY) At 31 December 2021 31.000 31.CX)O The boats are rev?￿ al ￿or end ty C Leah (boatbuklerl aThl We￿ ¢xwinaltydonaied ty Ihe Woc*Jen Canal Cratl Trusl. 13 DEBTORS 2OZ2 2021 Olher Deb1￿$ Prepayments 62 427 1.573 2.000 6.799 Resthcted Funds Un￿$￿tted FL￿$ 6,799 2.000 14 LIA81LITIES.. AMOUNTS FALLING OUE IMTHIN ONE YEAR AecA￿lS 2.882 2.882 1.813 1,813 Resiricied Fur*Js Lknresbithed Funds 2,882 2,882 1.813 1,813 IS CAPITAL COMMITMENTS 2022 2021 Contracted but nol Pro￿lded for THE WOODEN CANAL 80AT SOCIETY LTD 14 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 Dgc•mb•r 2022 Itont...I 16 ANALYSIS OF CHARITABLE FUNOS •IaTr￿ at 31 JanLtary 2022 Incoffliny Trnnslvffs Outyoln9 31 D•cember 2022 RESTRICTED FUNDS Hazel Project Awards 4 Al DDnaW Velude 5.535 15.5351 110.3301 2.565 16.430 2,302 7.695 13.230 5.130 5.130 8.028 2,302 UnreslrtctedFund& GerEral Revaluatipn Resen Total lIrt￿Sl￿dFU￿￿￿." 181.036 18.787 199.823 55.051 12,3021 147.0161 186.7S9 28.453 215.222 55.051 47.016 TOTAL 207,851 68,281 65.446 220,352 Pieyiow Year Balar￿ at 1 January 2021 8alan￿ al Transfer5 ou19￿ry9 31 December 2021 Ir￿ RESTRICTED FUNDS Tameside M8C Restart ikni Awar05 4 AI CJRS 14.0001 11.9721 5.873 11.845 10.000 S.873 19.873 6.028 B.028 UNestricted Funds." General Revsuation Reserve Total unre￿Th￿ed Funds.. 169.888 39.787 209.675 57.530 {46.3821 (21.orKI 67.382 181,036 1B,787 199.823 57.530 TOTAL 209.675 77.403 (79.2271 207.B51 Purpose olfund8=. Tarneside MBC Resian Gr¥sl Awards 4 Al CJRS DBsGriPtion. nature & puipo8• ofthg fvnd - Tivwards rEslarfiry athiwl*S . Tiwatds Hazd proje - Govemft*ni grani Irr*ards wages 17 ANALYSIS OF NET ASSETS BETWEEN FUNOS Met Cu￿nI Ass*ts Fixed Assets Currnnl $5ets 2022 Total Fixed Assets 2021 Tolal Reslricted Fw(15 Uryestncied 5.1Xt 73.309 78.439 5.130 215.222 220.352 8.028 1(KJ.281 1ts8.309 8.028 199.823 207.851 141.913 141.913 99.542 99.$42 THE WOODEN CANAL BOAT SOCIETY LTD 16 NOTES TO THE ACCOUNTS FOR THE YEAR ENOED 31 December 2022 Icont...) 18 COMPANY STATUS The uJmpany & k"mile