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