2022-04-01-accounts

		Page
Directors'/Trustees' annual report		3to 9
Independent Examiner's	report	10
Statement of Financial	Activities
Balance Sheet		12
Notes to the Financial Statements		13to 19

The Directors/Trustees	The Directors/Trustees	The Directors/Trustees	submit their Annual	submit their Annual	submit their Annual	submit their Annual	Report together with the financial	Report together with the financial	Report together with the financial	Report together with the financial	statements	statements	statements	for the year ended 31	for the year ended 31	for the year ended 31	for the year ended 31	for the year ended 31
March 2022 .	The	Trustees		confirm that the Annual Report and financial						statements			ofthe		company	comply with
the current statutory requirements,					the	requirements ofthe company's			governing			document			and the provisions			of
the Statement	of Recommended				Practice (SORP), 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).As an	incorporated			charity	this	Trustees Annual Report also includes					the Director's				report as required			by
company law.
1 LEGAL	AND ADMINISTRATIVE
COMPANY		NUMBER					06860375	(England	and Wales)				limited by guarantee
CHARITY NUMBER							1130051
REGISTERED			OFFICE and				Bell House
PLACE	OF BUSINESS						Wallbridge	Lock
							Wallbridge
							Straud
							Gloucesters hire
							GL5 3JS
INDEPENDENT			EXAMINERS				Randall & Payne LLP
							Chartered	Accountants
							Chargrove	House
							Shurdington	Road
							Cheltenham
							GL51 4GA
SOLICITORS							BPESolicitors LLP
							StJames
							St James
							Cheltenham
							GL50 3PR
BANKERS							NatWest
							George Street
							Stroud
							GL5 3DT
TRUSTEES							As per list	of Directors	in	Section 3
KEY MANAGEMENT				PERSONNEL			Chair ofthe Board, plus Directors					and Company Secretary

									2022	Period ended 31
										March 2021
								Restricted
							Unrestricted	income
						Notes	funds	funds	Total funds	Total funds
							F	f	F	6
Income						2
Income and		endowments			from:
Donations	and legacies						87,040	25,430	112,470	103,415
Charitable	activities						41,573		41,573	8,573
Other trading		activities								26,146
Investments							91		91	1,335
Other										1,500
Total							128,704	25,430	164,134	140,968
Expenditure
Expenditure		on:
Charitable	Activities						176,234		176,234	164,458
Other							35,025		35,025	19,913
Total							211,258		211,258	184,371
Net income/(expenditure)					before tax
for the reporting			period				(82,554)	25,430	(57,124)	(43,403)
Net movement			in funds				(82,554)	25,430	(57,124)	(43„403)
Reconciliation			offunds:
Total funds		brought		forward			1,547,754	146,153	1,693,907	1,737,310
Transfer of Funds							25,430	(25,430)
Total funds		carried forward					1,490,630	146,153	1,636,783	1,693,907

				Restricted
			Unrestricted	income		31 March
	Notes		funds	funds	2022 Total	2021 Total
			E		6
FIXEDASSETS
Tangible Assets		6	1,347,110	86,153	1,433,263	1,508,279
Total fixed	assets		1,347,110	86,153	1,433,263	1,508,279
CURRENT ASSETS
Debtors		7	42,834		42,834	22,919
Cash at bank and	in hand		114,420	60,000	174,420	172,507
Total current assets			157,254	60,000	217,254	195,425
CREDITORS: amounts falling due
within one year		8	(13,734)		(13,734)	(9,798)
NET CURRENT ASSETS/( LIABILITIES)			143,520	60,000	203,520	185,627
TOTAL NET ASSETS OR LIABILITIES				4, 5
FUNDS OF THE CHARITY
Restricted Income	Funds	13		146,153	146,153	146,153
Unrestricted Funds			1,490,630		1,490,630	1,547,754
TOTAL FUNDS			1,490,630	146,153	1,636,783	1,693,907

				2022	2021
3	EXAMINATION OF ACCOUNTS			6	F
	Net incoming	funds are	stated after charging:
	Independent	Examiners'	remuneration	2,600	2,600

									Year ended
									31 March
5	TOTAL RESOURCES EXPENDED						2022		2021
					General	Designated	Restricted	Total	Total
					Funds	Funds	Funds	Funds	Funds
					6	F	E	6
	Charitable	activities
	Lease costs				2,250			2,250	2,250
	Canal repair	8	maintenance		37,681			37,681	41,280
	Depreciation	in	year		136,302			136,302	120,928 164,45
	Other
	Insurance				4,573			4,573	5,034
	Solicitors fees
	Examiners'	remuneration			2,600			2,600	2,600
	Other Professional			fees					949
	Administration		services		11,386			11,386	8,987
	Other costs				16,465			16,465	2,343

Programme	Assets								Total
							Assets	in
					Dudbridge		the course
		Equipment 8			Hydro	Land and	of
		Motors E	Boats 5	Structures F	scheme E	Buildings f	construction E		E
At cost or valuation
At 31 March	2021	125,385	65,580	1,557,319	264,834	109,153	23,472		2,145,743
Additions		12,227	15,373	32,804				882	61,285
Transfers
Disposals		(20,000)							(20,000
At 31 March	2022	117,612	80,953	1,590,123	264,834	109,153	24,	354	2,187,028
Accumulated
Depreciation	at 31	(81,604)	(24,595)	(330,631)	(200,633)				(637,463)
March 2021
Depreciation	in year	(37,709)	(5,198)	(66,912)	(26,483)				(136,302)
Eliminated on disposal		20,000							20,000
Total Depreciation		(99,313)	(29,793)	(397,543)	(227,117)				(753,765)
Net Book Value as at
31 March 2022		18,299	51,160	1,192,580	37,717	109,153	24,354		1,433,263
31 March 2021		43,781	40,985	1,226,688	64,201	109,153	23,472		1,508,279

					Period
					ended 31
8	DEBTORS			2022	March 2021
				6
	Trade debtors			11,797	5,618
	Prepayments and accrued income VAT			19,875 11,163 ~4	12,515 4,785
9	CREDITORS
	Amounts	falling due within one year
	Trade creditors
	Accruals	and deferred	income	5,629	8,945
	Other creditors			8,105	853
					lf,788
	Deferred	income
	Balance	brought forward		5,282	7,545
	Released	in the year		(5,282)	(7,545)
	Deferred	in the year		5,505	5,282
	Balance	carried forward		5,505	5,282

FINANCIAL COMMITMENTS				2022		2021
				Land & Buildings f	Land	8 Buildings 6
The Charity had the following	annual	commitments	under	non cancellable operating	leases:
Expiring within one and five years
Expiring after more than five	years			2,250		2,250

FUNDS						2022
				As at 31 March 2021	Incoming resources for year	Outgoing resources for year	Funds transferred during year	Funds as at 31 March 2022
					F	6
General Fund				1,509,680	128,704	(211,258)	1,180	1,428,306
Designated	Funds			38,074			24,250	62,324
Restricted funds contributions					25,430		(25,430)
Restricted	Property		Fund	86,153				86,153
	Bonds	Mill Bridge Fund		60000				60,000
Total Funds				1,693,907	154,134	(211,258)		1,636,783
						2022
				Tangible
				Fixed	Current	Current
Represented	by:			Assets	assets	liabilities	Total
				6	F	F	8
General Fund				1,347,110	94,929	(13,734)	1,428,305
Designated	Fund				62,324		62,324
Restricted	Property		Fund	86,153			86,153
	Bonds	Mill Bridge Fund			60,000		60,000
				1,433,263	217,254	13,734)	1,636,783