2025-03-31-accounts

Annual Accounts alth• Wlrral Communlty Narrowboat Trust for ¢h• y••rto 31st March 2025 Cholr. J.M. Gl• Hon. Secretary: G.J. Losai• Hon. Treasurer: M. Branch lof9

2of9 Wlrral Community Narrowboat Trust Legal and Admlnlstratlve Informatlon Status Wiiral CommLbnlty NarroOoatTNst (the Trnstl Is • eh•rii•ble ¢0M￿l￿ Nmlted by 8Uaf•ntee, (Drpowaied on 1st O¢wber 1999 •nd reAlMe￿d as a charity no 1084432 on 9lh Januiry 21¥JL The company w•s Incorp￿￿d under i Memw•ndum ofA%so¢laiion ￿1th estsbllshed the oèlectl no powers of the ¢harltible ¢ompahy and h 8ow4med und•r lil Artlcles ol As50ctstknI. Under tlbOSe Artkles, Ihe membvs ¢1 Councfrl I￿ ekcted at ihe AGM to sefft • peilod of ihree Yea￿ subhci to iathlkaiion at ath AGM. Councll as at 31st March 2025 J.M GLass Ichalrl. G. J. Le5a6e (Hofi. S•cr•t4ryl, M. Drnfich (Hon. G.W, I•$￿k P. Woodyr. M.E. C•rpeniei. T, Mobbs. G.R, 04vles. F.0. al￿on. P. fvlobbs M. Boyw C Ralsto Company Secretary .' G.J. Lesaie Re815t•r•d Offlc•: l Thursby Hovse. Thufsty Robd. BromtM)fLwih. CH62 3PW {Irom september 202SI; 13 Villa8e Road. Hl8her Bebln8ton. WlfrJl, CH63 8PP luntll SeptembEr 20251. Ind•p•nd•nt Scrutln••r . S.M.O. Webster FCA nk•rs . The CTr¢)per•tl¥e 8•nK P.0. Box 250. Delf House, Southw•y, Skelmersdèle. WN8 6wr Ifrtxn Aulust 2024); 8arcl•ys 8•nk Pl4 2 Usc•rd VlllaAe, W•llosey, Mer5eyslde, CH41 &4U lyntll Ay8 20241. Report of the Councll for the Year Ended 31st March 2025 Co￿ntIl presenls Its report and Ib)d¢p¢nd•nlty xrulinlsed Ilfi•nd•l suttmertl lot Iht year ended 31rt M¥Kh 2025. A¢il¥liles Tiusl provlde5 eXperI￿(e ol ir•vel fv n1rro￿t )fi the ￿lISh un•1 system lo • dljabled, dlsadvantsled, doprbrtd Of tldeth. It seeks to Impny4t thelr quèllty ol IHe by thls •I￿r1•n(l •￿ump¥S4￿ rocrnatlonal. •duutknn•l •nd s4xl•l Th• frust h•$ Iwo n•rrowbw14 specthly •d•pted to meet Dur p1$5ewers neèd% ihtst boats art lulty oper•iional. Wt recrult. encouw• •NI trnlTh YO￿ni••￿ ih• i¢d￿lIS and m•lnt•nanu ol Twst to th• hh•51 H•alth and S•f•ty st•ntl•rds. Th• Trust wa$ awarded ihe Queen's Awarf lor Volunt•ry Servke In lune 2017 kn Mc0￿￿11￿￿ of lh• h•r dedk•tloTr of Volunteef n￿bErs. R•wlls Tht dtfldt for the ￿( ¢0 31st Mafch 202S wls £3m2 de(rea￿￿4 the b•l•n¢e of •nd uniestrkted fund$ 10 £315,217. Th¢ decrease milnty rnwtted Irgm pory•r Inv•itmint p•rlmn¢• ¢omp•rtd w p￿V••f. and hI￿er Ix¥il mibntenartQ ¢OSLS. Trust his fufids of E143,8811Tr ¥ark>￿sban￿ aca>unts whl¢h ¥r ¢onsld•red suffi¢lert Ir tt year a￿ad. Lon8 term In¥tstmtnts bnttnded Iix use In lon8or term m•ln¢enince and even1￿1 reptsoment of our boals have deuad to £U4.632 Wl4219 In the Nlor yearl as • resuli ol poDrLY Itwtstrneni performance.

Wlrral Communlty Narrowboat Trust 3of9 I￿¢ A¢soufces Income dt¢te•xd to £43.$331£52.301 In the pre¥lous ye•rl primarilyd￿e to lower IrK¢m• from T￿$￿r ¢ur pth)e sources ollKoffle Inxn donatlom (to e•ver ipordord trlps•nd re￿IT$ & fftblnttn•i)ce) rd trtp ￿mIn￿. l)Jr¥olunt••rsw•r• su¢¢•sthil thls par Ma￿t1￿ ¥¢¢l¥ttl nd fvndra15krf. T+x•I Inwslnxfii InMffl• lkndudln8 In¥rtmerf fvfids and trank IniweAI w4s 1 &>55 al £LS87 (pln 01£13,119 In prbor •r) •s • ftwk of docreisod wrforrn•n¢• olgyr ￿￿$t￿Trt pDrtlo&). lkne wlth 8en•ral matht uncert¥lnty Llurlni 2014n5. Carect •¥p•ns•s w•r É27,1091£20,427 In w•vlDus y•irt. •n Inerum 4)n prtDry••r, llrythi du• to lTrcr•isod b￿1 milntenc• •nd repalrs Th• contlnu•s io b•n•fft from th• hard tAwk olwlunlo•rs wlth a r•my olskm who •r• w•r•us vhth Ih•k thm• io ffl•nnlnA•nd m•lfit•lnlni ih• b￿ts and •dmlnistTrth>Th ol ihe Trnst. rtihe•Os of É20.2TI1£2L466 In the prevlous yeafl a ￿￿t01¢mIl ¢p•w prlor dut lo¥O￿nI￿r W• contlnw tourry out P4•tlonil CornffluTrKy 0011 Aswcbtl¢n INCBAI Wdnlw<our￿5 to m••t M•rltlm• Ind Coasward 4ency IIKII requlrements and In¢￿de Flrsl Ald 1rJlnl￿. AM uillnl volunteers •r• DBS chÈ¢ked to enswro the salety olouf cllènts. The trusi had no employmenl Ilablltlles durlni the Ilnanclal to 31 Mar(h 2025, as all crewlni and admlhlstratl¥t pewsonnel requlremenls are undertaken volunt•rify. Futur• Str•t• The Trusi plans to conllnue wesent operatSonk AcilTrAty c•n ￿¢￿slon•￿v be Iwtthl * th• I￿4•bIlIty ol ¥oluntter ciew4 an hsue contlnualy addressed by Councll, A•r¥•s Pdky fteser4es are consldefed essèntlol to to¥tr wsonal Ru￿ul1b0nS ol Income and out8oln8s unfweseen f•wtrs •n41 r•plauffl•nts. Th• annual surplus belni ihrouih fvndrIlsb￿ wlll ensure that the Yrusl Is also In • posltkn io prty4lde • ￿￿lIk¥ni per¢•nl•8• of the repl•￿￿￿nI cosl of th• bo•ts cofisIOtftd fitttsJ•ry. Thlj th￿Id •sslA us In obi•lnlfi¢ •ny b•lIn￿ ol lunds D•prttl•tlon Pollry Councll •yeed In 2CLII IQ would bE W￿lent ￿ deKxttlate our I¥o•ts •t an •nnu•l rit• ol S% ol hlrtorfc tosL Thb p¢Po wlll In¥•strnent Pollry Rowr¥•5 dewaied low r•pl•c4ment ol b¢•ts •ftd h)nw term rnilnl•n•nc• •r• In¥eAetl In tyuliy •nd Il•d Interest tharfty lufi•Js wlih •pproV￿le or8anlsatkni& toceNèf OPlrntithi•I expendllurt •re held bank ind M￿nIS •ccoufits the hlbUt r•M of knierest ¢onslstsnt t*lth Ilquldlty •nd sifety ¢•pll•L

4of9 Wirral Community Narrowboat Trust Resp￿ts111¢1eS of c¢￿￿ll Comparry law roquk•s Coufidl to prnpare ftninclal mtem•nts for each finantlal yèar whbch a true and fair ¥4ew ol Ihe stste of •fl•lrs DI the Trusi as •t the bal•rKe sheei date and 01115 br1￿￿1￿8 rewurc •rl applkailofy of f¢sovrte4 Includlw Incoffle •nd expendtlure lor th• fiN•cl•l ￿¥1. lfi preparfh8 those hn•n¢l•l statem•Th￿ Coundl sh¢ubd best pr4rtI￿ ind: - Selod 9JItsb￿ polklei •nd •pply them con4$￿tlY. - Mike ￿d￿mInts esthNtes that irt v••s(M)able •nd Pfudent. . prew￿ I1￿1￿1•1 st1￿MentS on the COrt•rn b•ils unl•55 It Is INpyoprfr•w io m• th•t ttrk4 Comp￿¥¥￿1 contlnue on ihat Courdl Is fespotislble fof m•kntalnkni pioper fttords ¥trhl¢h dlKlos• ¥Ath reawn•ble K¢ur4y It anytlme lh• IlhJncb•l posldon olthe to enable th•m to •nsurn thai th• IhTr•ncl•l st•¢ements<ompty TArfih the Cornp•nles Aci 2(K)& Councllls also resportslble lor safe8uardlnM th •ssets tho Trusi and hew for t411￿ re4son•ble sthps w weveni and deto£i lrnud and other Irrelulirtild. Membtrn alcwndl Meml)ers whg are dlrertors for the of cDmp•ny law and trnllee5 for the purpos •f ch•rfty I who s•r¥•JU￿24 C ￿l$ton P. Mobbs TJ. Hol•n A,S. O•wson 8.H. Y￿rdS Indwndrt Scnrtln••r Thls report h•$ been prop•reil In •(tordance the Stathmeni of Recommended Prctk•. A¢¢ountl •nd Report1￿ ty Ch•flUtt Ind In I￿914¥￿¢e wilh iht sp•thI ￿latIn1 to sm•ll ¢ompw& +110 IJS Approwd ty Cou￿11 on................. ... And $l￿d M lis beh•lfby....... ........ . .. . .. . Ilrmln

Sof9 Wirral Communlty Narrowboat Trust •ry•rylthbEr J•53212.th•rly P4iw•tlDTh lOW)I Balance Sheet •5 •t 31st March 2025 2025 2024 Flxed Assets Nairowlx)ats- page 8 Note 3 99,164 Current Assets Cash at bank and In hand Investrnents Sundry Debtors and Prepayments 143,881 134,632 2.556 147,185 136.219 1,561 Curr•nl Ulbllltl Sundry Creditors and Accruals Total Net Ass•ts FInanC￿ Accurnulated Reserves Operatlonal {deficitl I surplus 319,070 308,661 I•1￿ I)S Approved by the Coundl ¢1 Wlrr•l Communlty NarrowbD•t Twst on.,............. •nd sn•d on tt5 bEh•ll by:" I,M Glass Ch•liman M. Branch Hon. Treasuref

6of9 Wlrral Community Narrowboat Trust J85)212.O￿tI¥ P4iMrntIDTr Ith) 1014411 ststement of Flnanclal Acthiltles for th• Y••r Ended 31st Mjrth 2025 2024 IncomlTh8 Resource5 Contylbutlon to bobt Use MtmbÈrs' Subscrlplbons Donatlons Tr•inln8 fees ch•ryed Bank Interest Aecelved lrtvestment IIDSSI I Income Othef Income Gift Ald 16,524 16,977 26,772 20.451 1,514 11.5871 310 1,$45 13.119 109 R•source5 Expend Dlrect C￿rItabl• Expenses Subslstence arKI relreshments Fuel •nd Gos Pump-ou¢S Inwrance- Oo•ts Brltlsh WateTh¥ays Fees Moblk Phones Replrs, fenÈw•ls Ind ser¥klni Boat repalntlng He41th and safety Oihw expenses 428 2,651 J91 2,499 2,674 1,775 20 12.465 Irx) 18.059 502 (￿h￿d5 Olfke Indudlrw rates IDsur•rrte lrfludlry ¥olunieerJ Volunteer expen Volunteer clothini PrIntI￿ St•tlonery •NI T*kpI￿ne Adv•rtlslni and PronK>tlon Sundry Afflllatlon F••i Trnlnl Oeprtcl•tlon- {Note 2el DWRecrultment eMpenMs Mertlne Room Hlre 1,185 1,720 97 1,961 1324 2561 1,361 526 13 51 1.177 13,167 33 30 1,391 13,168 1,286 Surplu51(d•ficft) th• Y•ar Restrlcted and unrestrlcted fvrrfls br• foTh¥ard Funds x at 31st Mar<h I3￿51) IOA09

Wlrral Communlty Narrowboat Trust 7of9 N¢R•5 to thi Flnandal Stst•m•nts •s at 31st Mar¢h 21)25 l. G•n•rnl Inftlrmalion The Cornpany was Inc¢Npor•ted as a ¢ompny Ihnlied ￿ 8u•rant•¢. afftd not ha¥lr48 • sharn Ca￿￿L w tsl October 1999 to provlde and owaie narrtswboais for ￿£111, oduuiion•l and iherapeutk n•¢ds lor people ai• doUd￿nt￿￿ or d•pi4od. It re8bAer•d charlty numb•r IIX4431 The ¢omp•ny qual•hos as • ¥ry smill C4JmPany lor Oudlt ex•mptlM •nd ilrefort wbfflft5 an 8bbrtv￿tsd Balan￿ Sheet and the fOltaVA￿ stsiem¢nts;. al Foi the ye•r endwl 3151 March 2025 thè company waswthko fo •x•mptlon undtr ctk•n 477121 of lh• Cofflpnl•i Art 2r bl Members have not rt9￿￿ed the ￿m￿n¥ to obtakn In •vdll In •¢¢¢)￿lfiC0 wlth sttllon 476 olth¢ Compan•ES Act 2LJ cl The Councll. as the Boiwd d ￿rectOr •cknowl•d8e th•li re￿n￿bIlIty 10:. 11 ih•t th• Comp•ffy keeps Kwin¢lno r•¢ord5¥hkh Comply wlth 31601 th• Comp•rtles Ad 2L 111 Prepare acc4unts whlch Ive J true •nd lilrtllew ot the mte of •ff•ks of the Conwny •t ih• •fid of the financlal yeir and of Its profti Of kjss for ihe Iln•nckl yo•r. In Kctydanc• wlth th• ￿qUIrefi￿nIS ol se¢tlon 393 olthe Cpnwnles Act 2006. •nd whkh therwlm cofflpty twlth ihe Tequlr•m•nt501 ih¢ Comp•nl•s Acl rel•tlni to th• 10 r li li •ppllcabh• to lh• Comp•nv. 2. A(￿nI1￿ Pdld •) ￿•￿ of prnp•f•¢ The Fln•ncl41 Stliements have bwfi pThp•r•d undtr th• 4stort•l ￿$1 ￿¥¢ThIk￿ •nd In •C¢OfOarK• with •ppMc•blè •¢countkn8 Stand•rds. bl •xp•nd•d Thè CO￿ he•dlny comprhe t￿endIture. kndudlni s¢•ff tosty •itrltsu¢able io the Tium's aCllWty. Wh•re co￿$ canThDt bE dlre¢tly attrlbuid Iw• be•n •lloc•iod to Dn a bosls ¢ON￿me￿I wl¢h tht us• olthe rnsourcek e) Fund Acc￿11￿1 G•neril IUnrMikteO}fvfids •w•l￿bIl lor •t the dts¢f•ikm olCguncH In lurthqTrn¢ ol ihe obJ•¢ts of th• Tlusi. Restrictèd fufids used for purpose •$ 5pedfied by the donor. d) InMffl• Jnd exwidlturn l income and expendliure shown kn tho Ststemefit al HMKb•l Actitiesind h xcount*O for DTr lh• acc1￿•ts basls. q) Depr•d•tlon Depreci•tlon Is io wrltt off th• c05t or ¥I￿all0￿. les$eXkna￿d resbdu•l tnlu•4 01 li￿d ass•ts Iwerthelr uitful I￿e5 io the TrusL The •Thn￿l dewÉd•tlr•n r¥ies art:_ N¥rrowboits Flxluresand Flnl 5% ol ¢osi prk¢. 20% olcost prk•.

Wlrral Communlty Narrowboat Trust 8of9 the A•knbth¥ G(Id Totsl 3. FIMed Assets Cost at 1st Awll 2024 Jnd 315t Mjrch 2025 130.988 131.319 262.307 Deprecl•tlon •t l Aprll 2024 Depreclatlon wovlded dvrlng year Toi•l Dewed•tion at 31 M•r¢h 2025 90,925 6.601 97,526 71218 6,567 7&785 163,14J 13.168 176Jii Net Book V•lue at 31 M•rch 2025 53h62 book V•lue •t 31 M•rth 2024 40.063 59,101 99.164 4. Contlnient Ll•blllt Thefe art n¢ contln8ent Ilabllwles outstsndln8at th• end ol thls aru￿￿11￿8 p•rlod. S. R•stfki•d •fid un¢•#rf¢t¢d Iwmls on the b•l•n¢• 6h••t Ihe funds 01 £315.2l8 are spllt Into tesirkw fvnds 01 £51.742 •hd unr@￿tki•d funds of £263.47& R•strtcted fvnds dffiatlons lor trlps whkh yet iak¢n p￿(¢, other donitions Iw • specinc Wfpose IbNI m•lnl•nillo •nd re￿1*$) •nd trlps p•ld IN •thi•nce.

Wlrral Communlty Narrowboat Trust 9019 Ind•p•nd•nt Scrutlneerfs Report to Wlrral Communlty Narrowboat Tntst Report on the Accounts ol the Trust for ihe Year ended 31st M•rth 2025 ftwp¢th• r•spofislbllllles ol memben ol CouncH Ind Scrutkn••r. The membeis of cr￿￿(11 afe responsible lor the prepacaiion ol the Kcoun¢& Tly conYd•rthat audlt ¢ Indpndèht •x•mlfi•tlon f•g¥lrtmen¢s ofth• Comp•nles Art and CharlllesAci 1993 do M¢ •ppty. 11 Is the members OIC￿￿• r•spMYblllty to stst•. •s rtqutrtd by ihe A¢￿ whethw partkulor m•tl•is have come tothelf attentlok). SuutlTry knduded • review of ihe 1¢￿￿ThI1￿ rtcuds képl by the charftable company ind a ol the •¢counu Pfe5enl¢d wtth those ￿(Ords. 11 also Lndudes consldefatlon ol any unwal Items or d15d05ures In ihe •¢counls. •nd w•kkni ¢xplinJtlort ftom m•mbers of ¢oundl concernin8 iny sKh mattefk Tho Procodures undertaken do n¢¢ provbde all the e¥bdefi¢è lh wouhj b• requlr•d In •n aud or eM•mk)•lloffj •NI C(xisegk￿tty do not wss an audbl oph)loA on Ihe tAvw ¥¥*n h th• x¢wit lffi connectlon Wlth th¢ Scruliny, no matter h•$ ¢ome lo my1ttenlk￿ to whlth kn my oplnlon, •lt•Trtlon should be lilwffj. ITh orderw tn•bk • of the Kcounts to be reach•d. S•pi•ntsf 29lh 2025 M,D. Webster FCA