Registered Company No. 04306537 (England and Wales) 

********************** Note ***************************** 

## **The BCN Society** 

(A Company Limited by Guarantee) 

Registered charity number 1091760 

ABBREVIATED ACCOUNTS 

FOR THE YEAR ENDED 31[ST] March 2023 

Balance Sheet Notes to the Accounts Trustees  Report Profit and Loss Account 



## The BCN Society 

BALANCE SHEET 31[ST ] March 2023 

|FIXED ASSETS - Note 4<br>Costs bfwd<br>Additions<br>Less Depreciation<br>Less Loss on Disposals<br>Current Assets<br>Debtors<br>Cash at Bank & in hand<br>CREDITORS - Amounts falling due within 12 months<br>Trade Creditors<br>NET CURRENT ASSETS/(LIABILITIES)<br>CREDITORS - Amounts falling due after more than one<br>Deposits for keys<br>TOTAL NET ASSETS/(LIABILITIES)<br>REPRESENTED BY<br>Restricted fund CRT BCN 250<br>Accumulated surplus|2023<br>2022<br>£<br>£<br>51525<br>45208<br>0<br>11071<br>(3170)<br>(2377)<br>0 <br>0 <br>48355<br>51525<br>0<br>0<br>42582<br>42083<br>42582<br>42083<br>0<br>0<br>0<br>0<br>90937<br>93608<br>year<br>110<br>110<br>90827<br>93498<br>5897<br>6819<br>84930<br>86679<br>90827<br>93498|2022|
|---|---|---|





Independent examiner’s report to the trustees of the BCN Society 

I report to the trustees on my examination of the accounts of the BCN Society for the year ended 31[st] March 2023 

Responsibilities and basis of report 

As the charity trustees of the Trust you are responsible for the preparation 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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

Independent examiner’s statement 

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 

2. the accounts do not accord with those records. 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

Signed: Phil Clayton 211 Marsh Lane Wolverhampton WV10 6SA 13[th] May 2023 



## **The BCN Society** 

## NOTES TO THE FINANCIAL STATEMENTS 

For the period ended 31[st] March 2023 

1. Principal accounting policies 

   - a) Basis of Accounting 

The financial statements have been prepared under the historical cost convention in accordance with applicable accounting standards. 

## 2. Share Capital 

The company has no share capital being a company limited by guarantee. Each members liability is restricted to £1. 

## 3. Accumulated Surplus 

|umulated Surplus||
|---|---|
|Surplus brought forward<br> <br>Loss for the year<br> <br>Balance carried forward<br>|2023<br>93498<br> (2671)|
||<br>90827|



## 4. Fixed Assets 

The society owns a work boat purchased with the assistance of the Heritage Lottery Fund. The items also include tools for use by work parties and a marquee for use at events. 

Depreciation is charged on the straight line basis at 10% and 20% per annum. No depreciation is charged on the work boat. 

||Work Boat|Tools and|Marquee|Total|
|---|---|---|---|---|
|||Equipment|||
|Brought Forward|24601|11143|15781|51525|
|Additions||0|0|0|
|Depreciation||(1592)|(1578)|(3170)|
|Written off||||-|
|Carried Forward|24601|9551|14203|48355|





## **The BCN Society** 

## Report of the Trustees 

The trustees are also the directors of the charity for the purposes of the Companies Act 1985 present their report and financial statements for the period ended 31[st] March 2023 

. 

## Review of activities 

The Company, a registered charity was formed to promote the use and retention of the waterway known as the Birmingham Canal Navigations (BCN). 

The society leases from Canal & Rivers Trust the Titford Pumphouse a Grade II listed former Birmingham Canal Navigations (BCN) Pumphouse which had been restored by the former British Waterways (now CRT) and is used by the society as a headquarters with meeting room, office and storage. 

The society carries out work on the BCN and organizes a number of events to promote the use of the canal. 

By Order of the Board 

Martin O’Keeffe Secretary 



## **The BCN Society** 

## INCOME AND EXPENDITURE ACCOUNT 

For the year ended 31[st] March 2023 

|Restricted Unrestricted<br>Total<br>2023 Restricted<br>Unrestricted<br>Total<br>2022<br>Income<br>£<br>£<br>Subscriptions<br>8508<br>8508<br>5787<br>5787<br>Other Income<br>0<br>0<br>Donations<br>1662<br>1662<br>0<br>1091<br>1091<br>Events<br>3565<br>3565<br>551<br>551<br>Grants<br>0<br>0<br>11071<br>11071<br>Pumphouse<br>251<br>251<br>25<br>25<br>Rents received<br>5925<br>5925<br>3826<br>3826<br>Other charitable income<br>6106<br>6106<br>10325<br>10325<br>17509<br>26889<br>Total<br>Income<br>26017<br>32676<br>Expenditure<br>Operating Expenses<br>922<br>13883<br>14805<br>0<br>9467<br>9467<br>Administration expenses<br>Events<br>1364<br>1364<br>0<br>373<br>373<br>Rent & Rates<br>9425<br>9425<br>5311<br>5311<br>Depreciation<br>3170<br>3170<br>2377<br>2377<br>Other Expenses<br>0<br>0<br>0<br>11071<br>0<br>11071<br>13959<br>19132<br>28764<br>28599<br>(Loss) Surplus for the year<br>(2747)<br>4077<br>Bank interest<br>76<br>3<br>Surplus for the year carried<br>forward<br>(2671)<br>4080|Restricted Unrestricted<br>Total<br>2023 Restricted<br>Unrestricted<br>Total<br>2022<br>Income<br>£<br>£<br>Subscriptions<br>8508<br>8508<br>5787<br>5787<br>Other Income<br>0<br>0<br>Donations<br>1662<br>1662<br>0<br>1091<br>1091<br>Events<br>3565<br>3565<br>551<br>551<br>Grants<br>0<br>0<br>11071<br>11071<br>Pumphouse<br>251<br>251<br>25<br>25<br>Rents received<br>5925<br>5925<br>3826<br>3826<br>Other charitable income<br>6106<br>6106<br>10325<br>10325<br>17509<br>26889<br>Total<br>Income<br>26017<br>32676<br>Expenditure<br>Operating Expenses<br>922<br>13883<br>14805<br>0<br>9467<br>9467<br>Administration expenses<br>Events<br>1364<br>1364<br>0<br>373<br>373<br>Rent & Rates<br>9425<br>9425<br>5311<br>5311<br>Depreciation<br>3170<br>3170<br>2377<br>2377<br>Other Expenses<br>0<br>0<br>0<br>11071<br>0<br>11071<br>13959<br>19132<br>28764<br>28599<br>(Loss) Surplus for the year<br>(2747)<br>4077<br>Bank interest<br>76<br>3<br>Surplus for the year carried<br>forward<br>(2671)<br>4080|Restricted Unrestricted<br>Total<br>2023 Restricted<br>Unrestricted<br>Total<br>2022<br>Income<br>£<br>£<br>Subscriptions<br>8508<br>8508<br>5787<br>5787<br>Other Income<br>0<br>0<br>Donations<br>1662<br>1662<br>0<br>1091<br>1091<br>Events<br>3565<br>3565<br>551<br>551<br>Grants<br>0<br>0<br>11071<br>11071<br>Pumphouse<br>251<br>251<br>25<br>25<br>Rents received<br>5925<br>5925<br>3826<br>3826<br>Other charitable income<br>6106<br>6106<br>10325<br>10325<br>17509<br>26889<br>Total<br>Income<br>26017<br>32676<br>Expenditure<br>Operating Expenses<br>922<br>13883<br>14805<br>0<br>9467<br>9467<br>Administration expenses<br>Events<br>1364<br>1364<br>0<br>373<br>373<br>Rent & Rates<br>9425<br>9425<br>5311<br>5311<br>Depreciation<br>3170<br>3170<br>2377<br>2377<br>Other Expenses<br>0<br>0<br>0<br>11071<br>0<br>11071<br>13959<br>19132<br>28764<br>28599<br>(Loss) Surplus for the year<br>(2747)<br>4077<br>Bank interest<br>76<br>3<br>Surplus for the year carried<br>forward<br>(2671)<br>4080|
|---|---|---|
||||
||||
|||4077<br>3<br>4080|