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2020-12-31-accounts

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2020	2020	2020	2019	2019	2019
		Notes	E	6	8	8	6	8
ncome a d en	ants from
Donadons and legacies		3	367,633	45,000	412,633	207,632	5,483	213,115
Charitable activities		4	104,381		104,381	295,252		295,252
Other income		5	20,925		20,925	4,247		4,247
Total Income			492,939	45,000	537,939	507,131	5,483	512,614
~E~edit
Charitable activities		6	366,422	47,821	414,243	568,576	662	569,238
Net incomel(expenditure)
forthe year/
Net movement	in funds		126,517	(2,821)	123,696	(61,445)	4,821	(56,624)
Fund balances at 1
January 2020			7,532	4,821	12,353	68,977		68,977
Fund balances	at 31
December 2020			134,049	2,000	136,049	7,532	4,821	12,353

			2020		2019
		Notes	6	6	6
Fixed assets
Tangible assets		10		44,576		62,164
Investments		11		1		1
				44,577		62,165
Current assets
Debtors		12	27,964		11,624
Cash at bank and in	hand		99,128		25,633
			127,092		37,257
Creditors: amounts one year	falling due within	13	(35,620)		(87,069)
Net current assets/(liabilities)				91,472		(49,812)
Total assets less current liabilities				138,049		12,353
Income funds
Restricted funds		14		2,000		4,821
Unrestricted funds				134,049		7,532
				136,049		12,353

Leasehold buildings	10%straight	line
Boats and equipment	20% reducing	balance and at varying	rates on cost
DIRce furniture and equipment	20% reducing	balance
Motor vehicles	20% reducing	balance

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2020 8	2020	2020 8	2019f	2019	2019 8
Donations	and giffs		81,654		81,654	207,632	2,500	210,132
Grants received			285,979	45,000	330,979		2,983	2,983
			367,633	45,000	412,633	207,632	5,483	213,115
Donations		and gifts
Donations			8,019		6,019	11,286	2,500	13,786
Donations from Dudley Canal Trust			50,413		50,413	116,873		116,873
Donation	from Dudley
Canal Trust Limited		(TrtPs)	659		859	2,861		2,861
Gift ald			23,063		23,063	37,'I22		37,122
Giff aid from		subsidiary	1,500		1,500	39,490		39,490
			81,654		81,654	207,632	2,500	210,132


Donatio	ns and legacies					(Continued)
Grants	receivable for
core activities
Culture	recovery grant	154,900		154,900
Furlough	grant	130,590		130,590
Heritage	fund
emergency grant			45,000	45,000
Other		489		489	2,983	2,983
		285,979	45,000	330,979	2,983	2,983

			2020	2019
			f.
Boat income ( including		rally)	97,302	267,520
Workshop	income		3,235	20,424
Admissions	and booking	fees	2,858	6,009
Membership	subscriptions		986	1,299
			104,381	295,252

	Unrestricted	Unrestricted
	funds	funds
	2020	2019
	6	f
Net gain on disposal oftangible fixed assets	1,618
Other income	19,300
Bank interest and booking fees	7	4
Rental income		4,243
	20,925	4,247

	2020	2019
	8	8
Staff costs Depreciation and impairment Electric, gas, telephone and water Professional fees	210,959 11,733 31,642 20,109	221,001 13,629 50,273 19,487
Maintenance and upkeep Marketing advertising and PR Service contracts Heritage activities Health snd safety Consume blas Volunteer expenses Activities and events	23,707 17,666 3,991 281 416 1,191 405 166	27,258 17,903 9,975 2,746 1,004 2,141 606 274
Accommodation recharge to Enterprise Commission	(40,000) 10,382	(40,000) 39,506
Rent rates snd insurance	10,983	59,281
	303,631	425,084
Share ofsupport costs (see note 7) Share ofgovernance costs (see note 7)	102,933 7,679	121,480 22,674
	414,243	569,238
Analysis by fund Unrestricted funds Restricted funds	368,422 47821	568,576 662
	414,243	569,238

Support costs
	Support	Governance	2020	Support	Governance	2019
	costs	costs		costs	costs
	6			6
Staff costs	67,890		87,890	81,808		81.808
Depreciation	2,056		2,058	2,604		2,604
Service costs	17,836		17,836	20,898		20,898
Directors expenses	936		936	2,625		2,625
Motor travel and
entertaining	54			2,166		2,188
Legal and professional fees	8,004		8,004	413		413
Sundries				960		960
Bank charges	6,157		6,157	10,006		10,006
Legal and professional		2,861	2,861		14,467	14,467
Accountancy and payroll services		3,568	3,568		6,957	6,957
independent examination fee		1,250	1,250		1,250	1,250
	102,933	7,679	110,612	121,480	22,674	144,154
Analysed between
Charitable activities	102,933	7,679	110,612	121,480	22,674	144,154

Employment costs	2020f	2019f
Wages snd salaries Social security costs Other pension costs	260,199 14,007 4,643	281,090 19,180 2,539
	278,849	302,809

10	Tangible fixed assets		Leasehold	Boats and	ONce Motor	vehicles	Total
			huildlnss	equipment	furniture and
					equipment	f
	Cost At 1 January 2020 Disposals		300	219,776 (5,000)	33,014	6,499	259,589 (5,000)
	At 31 December 2020		300	214,776	33,014	6,499	254,589
	Depreciation and impairment At 1 January 2020 Depreciation charged in the year Eliminaied in respect ofdisposais		33 30	164,095 11,733 (1,200)	26,797 2,026	6,499	197,424 13,789 (1,200)
	At 31 December 2020			174,628	28,823	6,499	210,013
	Carrying amount At 31 December 2020		237	40,148	4,191		44,576
	At 31 December 2019		267	55,680	6,217		62,164

Cost orvaluation
At 1 January 2020 &31 December 2020
Canying amount
At 31December 2020

Other investments	comprise:	comprise:		Notes	2020f	2019 8
investments in subsidiaries				17	1	1
Debtors
					2020	2019
Amounts falling due		within	one year:		8	8
Trade debtors						3,066
Amounts owed by	subsidiary		undertakings		18,655
Other debtors					7,990
Prepayments and	accrued income				1,319	8,558
					27,964	11,624
Creditors: amounts		falling	due within one year
					2020	2019
					8	8
Other taxation and	social security				3,999	7,279
Trade creditors					5,295	9,460
Amounts owed to subsidiary			undertakings			48,147
Other creditors					19,439	16,973
Accruais and deferred		income			6,887	5,210
					35,820	87,069

	Ihe income funds donations and grants held	on trust for spec	ific purposes:	ific purposes:	ific purposes:
		tftovement Inccmlna resoumes	in funds Resources Balance at expendedl January 2020			tftovement in Incomlns resources	funds Resources expended $1	Balance sl December 2020 6
	British museum Art connect Richardson foundation	1,983 1,000 2,500		(662)	1,321 1,000 2,500	45,000	(1,321) (1,000) (500) (45,000)	2,000
	Heritage grant	5,483		(662)	4,821	45,000	(47,821)	2,000
15	Analysis ofnet assets	between funds Unrestnctsd funds 2020 8		Restricted funds 2020 6	Total Unrestricted funds 2020 2019 6 f		Restricted funds 2019 5	Total 2019
	Fund balances at 31
	December 2020 are represented by: Tangible assets	44,576			44,576 1	62,164 1		62,164 1
	investments Current sssetsl (liabilities)	69,472 134,049		2,000 2,000	91,472 136,049	(54,633) 7,532	4,621 4,821	(49,812) 12,353

Name of	undertaking	Registered	Registered	Nature ofbusiness	Class of	%Held
		office			shares held	Direct Indirect
Dudley Canal Trust		England	and	Preservation and	Ordinary	100.00
Enterprises	Limited	Wales		development ofthe Dudley Canal Network

The aggregate capital and was ss follows:	reserves and the res	ult for the yea
Name of undertaking	Profltl(Loss)	Capital and
		Reserves
	6	K
Dudley Canal Trust
Enterprises Limited	22,965	30,685