Trustees' Summary Report and Accounts
for the year 6th April 2020 to 5th April 2021
The Society continues to maintain a close relationship with the Canal and River Trust, (CRT) who are the owners of the extant portion of the canal. We are also a member of the Inland Waterways Association (IWA), and
liaise with a large number of other local and national bodies over the canal and its restoration including local councils, Swansea Bay Inland Waterway Partnership, the Neath and Tennant Canals Trust and Sustrans.
The Society is currently financially sound. The main current risks to the society are associated with accidents both during our maintenance and restoration work and relative to our canoe operation. These are mitigated by a close attention to safe practices combined with the proper levels of insurance, measures which have resulted in no significant problems.
The Society continues to advance its work to revitalise the canal -
• Funding:
The society has purchased derelict retail premises in Clydach town centre for conversion as a base for water sports and as a community hub. Funding came from the Welsh Government “Transforming Towns” programme administered by Swansea Council. Match funding was generously provided by Vale Europe Limited, plus Clydach Community Council and Welsh Water. A further grant has been approved by Transforming Towns towards the refurbishment and fitting out costs. Application will be made for match funding and for additional finance as soon as all the necessary consents, surveys, etc. are in place.
• The Hidden Lock, Clydach, Phase two:
The Swansea Canal upstream of the buried Clydach Lock will be reopened to create a mooring basin for a trip boat, together with a lock by-wash and portage ramps for canoeists.
A substantial grant has recently bee approved by the Welsh Government Visit Wales “Brilliant Basics Fund”. Part of the match funding has been offered by Swansea Council and we are awaiting the outcome of further applications.
- Canoes and Kayaks:
Our Community Canoe and Kayak Hire Project would have entered its 7th season at Easter 2020, but due to Covid restrictions and lock down it didn’t reopen until August. We were open every Sunday throughout the months of August and September, utilising a variety of Covid precautions, including sanitising all equipment after use, prior to re-hiring. The usual Youth Group hire couldn’t go ahead due to Covid restrictions but the society did manage a Canoe Wales “She Paddles” event in August.
- Waterway Recovery Group:
Due to Covid restrictions the proposed WRG camp was cancelled.
- Green Flag Community Award:
We were excited to receive the Green Flag Community Award for the fifth consecutive year. This award was given in recognition of the value of the canal as a green space and of the outstanding work done by our volunteers.
- Birds and Bats:
Several bird and bat boxes, constructed by our volunteers, were installed in various locations along the canal. It is pleasing to note the number of birds that moved in during the breeding season.
• Volunteer Activities:
The cornerstone of the Society’s endeavours continued to be the hours worked every Tuesday. However, during the year 2020/2021 the world was hit by a pandemic that meant that work was curtailed for large periods during the year. When work was allowed, it continued come rain or shine. The work ranging from litter picking, through bank repairs to building a wall for a garden in the Hidden Lock site. The team of local, regular volunteers was at times split during the year, due to Covid restrictions, where the groups worked within their own counties.
“Happy to Chat” benches, made from recycled plastic were purchased with a grant from NPTCBC Members Community Fund. These will be placed along the canal in Trebanos, when covid restrictions allow. The Society is indebted to Councillor Rebeca Phillips for instigating, facilitating and encouraging the project.
In December of 2019 the society was nominated for the Queens Award for Voluntary Service. Winners of the award are to be announced in June 2020. This award is the highest award that can be achieved by volunteers, equivalent to an MBE. The society was informed in June 2020 that they had won the award.
• Our long-term aim continues to be the joining up of the Swansea, Neath and Tennant canals together with the Tawe River navigation to form a 35mile navigation waterway. The Swansea Bay Inland Waterway Partnership, of which we are a very active member, met online at intervals throughout 2020-21 to pursue this aim. Every project on the Swansea Canal helps to bring this vision little closer to reality.
SWANSEA CANAL SOCIETY
Summary Accounts for the Year Ended 5th April 2021
| INCOMING | UNRESTRICTED FUNDS RESTRICTED |
INCOME FUNDS | ENDOWMENT FUNDS |
TOTAL 2021 TOTAL 2020 |
||
|---|---|---|---|---|---|---|
| RESOURCES | - | |||||
| Incoming Resources | ||||||
| from Generated Funds | - | |||||
| Voluntary | 95,00 | 96,27 40,8 |
||||
| Income | 1,272 | 0 | 2 | 94 |
||
| Activities for | ||||||
| Generating Funds |
348 | 348 819 |
||||
| Investme | ||||||
| nt Income | 81 | 81 190 |
||||
| Incoming resources | ||||||
| from Charitable | 3,33 | |||||
| Activities | 1,253 | 1,253 7 |
||||
| Other Incoming | 2,14 | |||||
| Resources | - | 5 | ||||
| TOTAL | ||||||
| INCOMING | 95,00 | 97,95 47,3 |
||||
| RESOURCES | 2,954 | 0 | - | 4 |
85 |
| RESOURCES | |
|---|---|
| EXPENDED (NOTES | |
| 4-8) | |
| Cost of | |
| Generating | |
| Funds | - - - |
| Costs of Generating - |
|
| Voluntary Income - 26 26 - |
|
| Fundraising | |
| Trading Costs | - - |
| Investment | |
| Management Costs - - |
|
| Charitable | 38,0 |
| Activities | 928 2,095 3,023 96 |
| Governan | 5,45 |
| ce Costs | 2,540 2,540 1 |
| Other | |
| Resources | |
| Expended | 752 752 261 |
| TOTAL | |
| RESOURCES | 43,8 |
| EXPENDED | 4,194 2,095 - 6,289 08 |
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SWANSEA CANAL SOCIETY
Summary Accounts for the Year Ended 5th April 2021
-
INCOMING RESOURCES (NOTE 3)
-
Incoming Resources from Generated Funds
Voluntary Income 1,272 95,000 96,272 40,894
Activities for Generating Funds 348 348 819
Investment Income 81 81 190
Incoming resources from Charitable Activ 1,253 1,253 3,337
Capitalisation of Assets 45,000 45,000
-
Other Incoming Resources 2,145
TOTAL INCOMING RESOURCES 2,954 140,000 - 142,954 47,385
RESOURCES EXPENDED (NOTES 4-8)
- - -
Cost of Generating Funds
Costs of Generating Voluntary Income - 26 - 26 -
- -
Fundraising Trading Costs
- -
Investment Management Costs
Charitable Activities 928 2,095 3,023 38,096
Governance Costs 2,540 2,540 5,451
Other Resources Expended 752 45,000 45,752 261
TOTAL RESOURCES EXPENDED 4,194 47,095 - 51,289 43,808
NET INCOMING/(OUTGOING) RESOURCES
BEFORE TRANSFERS - 1,240 92,905 - 91,665 3,577
- -
Adjustments
GROSS TRANSFERS BETWEEN FUNDS - 473 473 - -
-
-
NET INCOMING/(OUTGOING) RESOURCES
- -
BEFORE OTHER RECOGNISED GAINS/(LOS 1,713 93,378 91,665 3,577
OTHER RECOGNISED GAINS/(LOSSES)
Gains and Losses on Revaluation of Fixed
Assets for the Charity's Own Use - - - - -
Gains and Losses on Investment Assets - - - - -
-
NET MOVEMENT IN FUNDS - 1,713 93,378 - 91,665 3,577
-
TOTAL FUNDS BROUGHT FORWARD 11,040 30,690 - 41,730 38,153
TOTAL FUNDS CARRIED FORWARD 9,327 124,068 - 133,395 41,730
RE UST NRRI ESCT TRED ENICNDTECOOD MWFUE MNFUENDSNT TODSFUTA NL DS20TO21TA L 20
----- End of picture text -----
Charity Plo.. 1168894 swAf45EA CANAL S(KIETY rudited Finanrial Siaiement5 ft)r the r ended 5th A ri12021 Cambrian & Co Ltd 13A VKtorii Garden5 Ntath SAII 3AY
SWANSEA CANAL50CIETY (harit No." 1168894 Contents ofthe financial Statements Forttrle r ended Sth A Society Information Independent Examiners Repo ProfiL and Loss Actount 8alènce Sheet Note$ 10 IhE Financ471 StaiemeThts 5t018
Chaiilv No.. 1168894 SWANSEA CANAL SCKIETY For the year ended 5th A ril ZOZI SDciet Informat•DTh Chairfflan Gold Walk Treasur John Gwaller Trustees Gordon walkLY John G¥4altei MhlE1 FUlr Gill Thomas Michelle Oavidso John Da¥5 an Tremlett Verowa Fu Address WesiTryn New Road LlanfftDrS W3TI Charity Number Il68894 Accountants Cambrhln & Co Lid I3Av10rk7 Ga¥den5 NÈaih SAII 3AY
O¥niy No." 1168894 SWA145EA CANAL socIErY !ndep.endent Examiner's Re Repori to the i<usieeslmembeTsof 5w•nsea Cancel C[V on thtsaccounts lor ihe yoar Endod 51hApril 2021. Chèrily numbef 1168894 Sei Oul on pages 3. 1¥. AE5pectl¥e responsibiliyesof trusiees and examiner The <hafllY'5 trustees are lesponsib forihe preparaiion ol the atcounis. The chairiy s iruSlÈesconSer tbai an audil is not reQui foi ihrs Year under se¢ln 144 01 thÈ ChawlisAct 2011 Ilhe charl15 A(tl and thai an Indopendeni examinaiion IS needed examinQ ihe accounts under section 145off theCh•ri¢ie5Act. io IDllaw ihe procedures laid down in ihe 8ener3ldwECin5Wen by rhecharily Comrni50n lundeff Sec1h 14515llbl of the Charit5 Acll. and - LO State Wheiherpa(¢v1ar rnaiters haiometomy aiieniiOII Basis of IndepeTrYert EAarnineI5 Statemènt MyeAaminath?n was¢arrEd OUE sn at¢ordance 1h 8enetal d¥eciH)nsENen by thÈChariiy CommiSWJn. An eMInatn in¢lucle5 a revwol aCCOuniin8 le(ord5 kepi ihe chaiiiyand a ¢omparison ol ihe acwunis pre5enied wilh Iho5e rtcor¢5. It also include5 considerarion of any unusual itemsordis(bsuies in iho a(COunis. and seeking Qxpknrtaiions from the irusiee5 concernine any such matters. The protedufes undertaken do noi PfOvKle all Ihe eyidente ihai Would bÈ required In an aULlit and no opInn 15 8wen WhelriheaCÉounis present fair. view4nd ihe report Is limiied to those tnaiiers Sei Out ln Ihe stètemenr behiw. Independent ExarniDees Statement In conneciion with ffly examinatK)n. no matte¢ has corne to my aiteniion.. 11 WhKh gwe me rEasonable causÈ io believe that ITh. any mèicTkil respeci. theieq¥irements'. io keep ariouniin8 ietOTd5 in accoidanc¢ wilh section 13001 the ChaiitSAct'. 10 prepaTe accoun15 whKh accoid with the actounling rOrd&artdt0MP1th Iheaccounting reQuei501tht Ch3fiLies ACI have not been m.. or In myopinw)n, atten¢n should be in ordei ioenab* a proper Uer5[anding of Ihi. aOUnt5 io be reached 031¢ Jone5 A.C. CambriBn & Co. Ltd 13A VKtoria Garllens Neath SAII 3A¥
Charity No.. 1168894 SWANSEA CAP4AL SOCIETr Profit and La55 Account For theyear End Sih A nl 2021 INCOMI RESOURCES If40TE 31 Incomine Resource5 from GeneratEd Fund5 Voluntary Intorne 1.272 348 81 1.253 9S.(YX) 96.272 348 81 1,253 41,813 819 IYD 3.337 2.145 48.304 Inve51meni Income Incomin8 resources from Charitatyef4CiNit5 Othor Iniomin8 Resources TOTAL INCOMING RESOURCES 2.954 97.954 RÉSOURCES EXPENDED INoTE54-81 Cosl of Generating Funds C0515 of Gener31in8 VolnIary Income 26 26 Invp5Tmeni ManaBement C05t5 928 2.S40 752 4,194 2.095 3.023 2.540 752 6,289 38.017 4,929 522 Governance Co515 Olher Resources Expended TOTAL RESOURCES EXPENDED 1095 43.468 NET INCOMING/iouf601NGI R£SOIJRCES BEFORE TRANSFERS Adjustmènts GROSSTRAN5FERS BEfwEEN FUND5 1.240 92.9)5 91.665 4.836 104 473 473 NET INCOMINGIIOUTGOINGI RESOURCÉS BEFORE OTHER RECOGN15EO GAINSIILOSSE51 1,713 93.378 91.665 4,732 OTHER RECOGNISEO GAIN5IILOSSESI Gain5 and Losses on Revaluarion of Fixed Assets for the Chanty's Own Use Gainsand L05ses on Investmeni Asseis NET MOVEMENT IN FUNDS 1.713 93.378 91.665 4.732 TOTALFVNDS 8AOIJGHT FORWARD 11.040 30.6 41,730 36.998 TOTAL FUNDS CARRIED FORWARD 9.327 124.068 133,395 41.730
Chariiy No. 1168g94 SWANSEA CAIIAI SOCIETY Balance Sheet For the Year Ended 5th ril 2021 Fixed Assets Tangible a55et5 INole91 2.082. 45.0W. 47.082. 3.301.(K) Investments Total fixed a$5ets (Noie LOI 2.082. 45.(KX).IK> 47.082.lYJ 3.301.00 Current assets 5totk and work In prtsgre5S Dobtors INote 111 AdjuStfflen15 Cash ai bank 3nd in hand Total Current a55ets 40. 40.(X) 16.685.00 3.201.(K) 44.055. 47.2560) 5.08100 8.322.) 35.013.1 79.[8. 40.W (M) 87.300 21.837.(M) 38.562.(KJ Creditor5.' 8mounts falliTrz due wlthi one year (Note 12 1.077 00 1.077. ia3.(M) 7.245.(M) 79.LM. 86.3L3.(¥J 38.429 (NJ Total assets less cUrnt labilities 9,327.(M) l24.068. 133.395.LL) 41.730.( Creditors.. amttunts lallingdue after One year (Noiè 121 Net Assets 9.327.(X) I24.0) 133,395.( 41,730.00 Fund5 of the Charity 13.430.Cil 16.939.(X) 5.818 13,430 16.939 S.818 (X) 124.OS8. 4.858.(X> 15.898 00 Aciumulated depTeciation Allo¢)ted funds esiricied In¢orne funds Endowment lund5 INote 131 Total iunds (Note 131 124.(K)8.ts) 30.691.rJ) 9.327.LK) 124.LM. 133.395.00 41.730. Si8ned by one ortwo trustees on behalf of all Piiilt N3tne Da ol approval LT z?_iO-
Charrty No.. 1168894
SWANSEA CANAL SOQETY
Notes to ihe Financial statemen
For the Year Et)ded Sth A
ril 1021
Note I
8a5is Of preparabon
This sectiort shoukl be ¢omplelEd by all Charli
1.1 Ba$55 of a
Charity No.. 1168894
SWANSEA CAIIAI SOCIETY
Notes to rhe FilnCIal Statemethts
For the YeaT Ended Sth April 2021
Note 2
A¢¢ovntiNE ptslities
This siandard lisi of accouniing policS h351 app5ied by 1charItV excepi lor ihoseddeied.
Where a dillereni or 3ddiiional policy hbsbÈen adopd ¢hen Ihis i5deiailed In ihe box bekiw.
INCOMING RESOURCES
Reco£ni¢ion of in(ominE
resouKes
These are included in ihe Stalement ol FinaThtialA¢lTrvilEs ISOFAI when."
• rhe¢haffl¥ bec{4r5entrt ioiheiesouf
Ch•rily 140.. 1168894 SWANSEA CANAL socim Mote5 to the Financial 51aments For the Year Ended Sth A EXPENDrrvRE AND LIABItITIES abi1Sty recognition LblIrtIeS are ietrynL5ed a5 500n as theretsa Wtycw51tutti¥i4iytion comtnittin8¢lch411ty to pay tyJr iesLwJ[tès. Go¥eman¢e tosts lrttluOE C05ts 01 theprepar)n Jndeurnlnaln ofstatutoryatCtrJnt5. Ihe Costs ol truste@ffleetiryand cost of any leyl athteio iruSiee5 &overnarKevf con511tutThJ1rn0I¢ery. Grants with PErfL¥mance nditions WhEre thE rtrY{tesj8Trfi1vnthCDI1lW)rts foi ils treaSE(lIK lel o1seryKeorIOur ID such trantswe recoÈn¢5ed in Ihe Y)FA once re(lEnt DI theeiaTrt h45 the specified 5UwCtOl OviWT. Grants payable vlithvut perfomlanceconditions These3trI rett%Sed1tlyatc1JUTrtsWtrth •c(rnitrneni h15 rnade and therE are no to be fflet reLitirwtheYaNvl rernaiD Inlhecontrol ol the charity. Support costs 5upoort Costs incbdeceThtol lu15 andha¥E aknated toactMt¥ cost5 catetories on a b•sis(OD515tent wlh theu5e of ieSOurce5.e8.Allocatirt8 ty¢peny C05t5 orpercaprt Stall costs $land0tl c<35t5 theifu5p8e ASSErs Tangible fixed 355Ets Ivr use b¥charitv These èrecapit3ld ififie¥can LYu5ed fry rnryethanonevear, cost 45 $1 £5(D.(D. ThtyèrevalueOatCD5t DI è wE450bÈ¥a1je0Dfe(eIPt Inve5trnents It1¥esintsQIedoTha re[04ne51ry1 eA[han£eaVIId at rwrk• Val a¢ thE yearcnd. Otherww5trneMb$5et5JreiOedj1fAts1te5be5te$tiMaleOI nMrket ¥ale. Stock5 and work in The5earealued the rftkavabJE. prO8rÈSS POIICIES ADOWtE ADDttlONAL TO OR DIFFERENT FROM THOSE ABOVE r4one
Charity No." 1168894 SWANSEA CANAL WCIErY Notes to the Finan<ial Staten*nts For theyear Ended 5th A ril 2021 Note 3 An4ly5I5 01 Snc(kning resource5 Incomlnz resources may be furtheranalysed ifthis would hÈlp the readerof ICOunts. Tht5 year Last year Analysis Voluntary intarne Membership subscriptn5 DonJtlOll5 Grant5 G62 OD 610.00 95.LYJ).IXI 621. 3.709.O) 37.483. Olhor Totsi 96,272. 41,813. ArtivStles forgenerating funds 349.C 819 00 EvenT5 Canoe Hire ItElre5hrnent Totrl 349. 819.00 Investment income Inierest on depoS115 81. Iw.00 Total Bl.00 190.00 Income re50uices I¢om Canoe hire pro 1.253.(h) 3.337.IX) Total 1.253.00 3.337.IXI Other Inctsrne Other 2,145. Totsi Z.14S.00
Charilv No.. 1168894 SWANSV4 CANAI SOCIETY ti$ to the Fifkancial Statements For the Year Ended 5th A NotÈ 4 AnalysL% of resources expended Rèsources expended rnay be fvrthetanaty5ed if thTrS help thè readervlthe at£Ounts Thi5 year Last ye8r Analysis Costs of 8nÈr3tinB voluntary income MembEf5hip subscripiiOn5 2& Canoe hire Totsi 26.00 Fundrèisine tradin£ costs Event Cosis rotsi In¥estmert manaiement costs Totsl Charitable arti¥e5 Ctydach Yard & Other CanDe pr¢ioci Waietway iecovery group Work. Party Pquipment artd expen5e5 Re#oraiun cosis 2.095.(X) 586. 36.206.() 932 426.00 341.Tr) 752 399 OD 38,017.fX) Total 3.774.00 Govèrnan¢e cost5 Accountants lee5 Depiet131K)n Othei 10515 450. 1.219. 871.ts) 858.00 3.162.00 1.431.00 Total 2.540.00 sAsI.00
SWANSEA CANAL SOOETY Noies to rhe Financial Statements For theveai Ended Sth Charilv No" LJ68894 Note 5 Support costs Please complete thls if tF*charityha5analysed itsexpEr15E5 y5in¥actryity cate¢ories and has supportcosts. Fundr4i5inÉ activity ritable G¢errnCe Support cost typE Tvtsl c05t Totèl Note 6 Detalls of certaiil items of expenditure Trvstee emperoes pase Piovide delai15 of ihe amouni oFan¥ paymet)t or rÈimbvtsemEni o101-01-p0Cet expenses made ID trus¢eesor lothird partiesfor expenses incurierf bytrysreek This wr Last ar Nufflberoltru5tee5 who were paHI expenses Natur• of éApe#ses Total amount Paid 295 OD Please prO¥e details of the amount paiil any siaiuioryexieinal olactlxthts and Other solCeS PiOvid¢d tyyyoyr Indepenllent eiamineror auditor. Thi5year si ve•r £ Independeni examiners or 3udiiOfS lees lor reportitl8Oh ihe atcounis 450 8S8 Other lee5 Ifor exarTrple'. advice. Consultancy. at¢OuThian(v 5eryicesl paid to the Independent examineror auditor. None None io
Charily N¢". 1168894 SWANSEA CANAI SOOErY Noies to the Financial 5tateme¢)ts For the Yeai EThled Sth A ril 2021 Note 7 Paid employees Ple45e complete thls note rfthe charity has any employees. 5tsff costs last Yea Gross wages. 5alarie5 and benefits in kind Empltsyer5 National Insurance costs Pension cost5 Total ststt tosts Nortt None Average nymbef ol full-time equvalenternplovee5 In the year Thi% yeai Number Last year umbEr The parts olthe Charity in whKh the employee5 work Totsl None None Defined contribution pens¢on KhemÈ Please compleie Il a defined iontlibulion PEnsion scheme 15 Opera0. Briol deiails ol scheme. Ploi Operated This ar The cost of the scheme 10 the charity lor the year ThE amovnl Df any coniribulns out5tandin8 at Iheyearefid The amount ol any contributions ihe yeai end None Non li
Chariry No-. 1168894 SWANSEA CANAL SOCIEtY Note5 to the Finaniial Siaiements For rhe Year Ended 51h A lil 2021 Note 8 Grantmaking Pledse tompleie this note Il the ¢hariiy madeathy ÈraTr15 N donatn5 whh th aggre8aieform a maierial part of the charitable èCliviiE5 undertakÈn. Total of 8r3nt5 In5tiwrions Toral amou IndrvKlua15 Totsi afflount Purpose lor which grants rnade Totsl NIL Grantm¥kinKcosts 11 Ihe charity'5 accounts are prepared on ihe"attNily" bay5 please eNtdeiailsoFany Support t051 3SSOtiatEd wilh 8cantmakin8. Please entei-NIL" Il ihe chantydoe5 not identify aThdlorallDCate SuppDrl Svpport<osts ofyantmakin8 £NIA Grants made to Institutions If the chèrity h35 meeraot5 partKvlar Insiituti4n5 that are rnai¥i iheconiexi n$tak1r¢ plea5Egivedotai15 01 the In5tiitstlQffl SuOQOryed. pursw of t£31 andlQta1¢aieb Ill5t4tyt listed 5vlliCienl IDfoitnation 5houbSbegNen to provth è rea5e ¢heiar%eof Totsl amovnt ot grants paid Namp5 oFiTr5titutions Puwse Totsi yants to instotutions NIL 12
Charily No.. IIG8894 SWANSEA CAIIAI SOOErY Notes to the Financial Statements For the Year Ended Sth A ril 2011 Note 9 Tan8ible fixed a55ets Ple35e complete this note if chaiity has3ny tartwblE Iixod455ets Costorvaluation FehO Otberl•n Plèryt Tul TO1¥ nd& l¥hinery& ¥ehirs Ouilding5 •55eli BalaTr brought forward Lg.016.Tr) 19.021. 45.0.) 45r RevalualK)ns Disposals Jalance carried lorward 45.005.00 I916. 64.021.LX) A¢cumvl•red dep¢)0 and ImpairnoI prow5ion5 RB NIA R8 R8 NIA RB 2D(D% VIA Balance b¢ou8ht forward Depretiation charge 15.720. 15,710.C(J 1.219.(h) 1.219.IX) lrnpairment prowsions Tran5for5' Balancecafr forward 16J39.fy) 16,939.CQ Net book value 8r¢ught forwaid Carried IoiwarLI 3.296. 2.077.Cl) 3.301.(K) 47.082.00 Revaluation Ilèny fixed a55ets have beÈnrEvaed Kleèst Eive deiw15 of ihe volueand rneiwolvala. None ' The"trnn51et5" row ts MO¥eI5 betweert assetiaiego¢*.
Charily No". 1168894 SWANSEA CA14AI SOC]E(Y Notes to the Financial Staiements For the Year ErKleO 5th A ril 1021 Note 10 Investments assets Please complete this note If the chanty has any In¥51mentèst 10.1 Fixed asset investments Carrying ImaFketl value at beginnin8 of year Add.. 55.. Disposals at rarryin£ value d¢lldeducii'. Nei Eain110551 on revaluat0 C3rryin8 Imarketl valueai end ol Yea NONÉ Please prowde beknw.. 10.2 10.3 A bieakdown of the maiket ¥alues ol Investments 5howTh above wth the barKe sheet A Brtakllown ol the Intome from invesiments aeeing wilh SOFA. Analysis of invesvnent5 10.2 10.2 A•r4•t ItmentSfor Investment propert5 Investments listed on a re(o£nised stotk exthange or held in ¢Dmmon Investment lunds. open ended Inyestmeni totnpan5. unli IIU515 or othei coltwo Invostment sthemes. InYestment5 in 5ubsHliary 01 (onnected ndertakings¥1 cofflpanies Securitie5 noi listed on a rEiogTrised siock Èx¢hanÈe Cash held a5 part ol the in¥estffleni portfolio Other invesimenis Toial NONE NONE 10.4 Material investment holdings If any Sin8le invosimont Is maiorial In ierm5 01 it5value (for examp ropre5en15 more than 5 per ieni of the value ol Ihe charity s ioial Inve5Lmenisl please Prov detsd5. InvesentS held Market v8lve 14
Charity No" 1168894 SWANSEA CANAI 0Ely f4ote5 to the Financial 5taiemÈnts For tht Year Ended 5th A ril 2021 Note 11 Dèbto and prepayments Please cotnplete this note if Ihe charily hasèny debr$ t¥wepaymwt5. Analyshof debtors ArnoufiS Wllh•l Arnontsf•llini thafttr mDr¢ than one ¥*ar Thi%yÈa Last Vèèr Th ar La5twr Trade debtDrs Afflounts due IroTn Subdlty¥TrLI a5SOClated underiakin85 Other Oebiors Payments and accrued Income 47.256.LN) 16.685 Cll Totsi 47.256.LK) 16.685. Note 12 Creditor5 athd accrua15 Pleaso iompleie this note if the charily has anvcieditofs Of Kcnra15 12.L Analysis of creditDf5 AmDknnisfallinE duE within year Thiswr Amounts falMrt8 Lost year La51 LOaTr5 and Overdrafts 450.(KJ AmounLS dve 10 5ub5idiary ahd associaied undeitaking5 627.(K) 133.Q) A¢<Tuals and defèrred income 1.077.Tr) 133.OD 12.2 Securityover a55ets If any loan. Overdraft or Oiher cieditor hold5a charge or other secuirtvover nay a55etsoI ¢he tharii¥ please The grant a8reemenL with ihe Ciiyand Couniyol Swansoa lor the puichase 0124 Hebron Road obliBe5 US lo repay Lhe dtlirii Il the properly value Lfrops below 125% of ihe 8rani value. Is
Chafity No". 1168894 SWANSEA CANAI socirry Nates to the Finantial Statements For the Yea¥ Ended 5th A Note 13 Endowrtmeni anLI resirKied Infome lunds Please cornplete ihis Sectrt Il the charity has anytsdownmeni or lericted HKome lund 13.1 Funds held Pltasc g0 47 brief description of 4ny of the folkiwin8 typ¢ olfunds hehs bylhe ch•rirv. permaneni endownrnent funds IPEI-. expend3Neendownmeni lundg IEEI.. ¢esirKiod income funds. In¢ludin8 specjal Efusts. ol thoth4my und f4a 13.2 Movements of m•jor funds Please 8ive delails ol ihe tnovementsol the maJDr funds summarised In Ihe re51Jicied and endownmeni columns of the Statemeni of Fin¥ncoIAciwii Fund balan¢pS Fvnd brouKht lorwltd É 30.690.(M) É 11,040.(M) £ 95.(KM).CK) 2.954.LKI 2.095 -E 4.194.rKI 473 473.(WJ £ 124.068.fA) 9.327.fy) Toral £ IL040.(N) £ 97.954. .£ 4.194.O) £ 133.395.Lh) 13.3 Transfers between funds Please give doiails of any iransfeis betwetn fund5. Froffl Fund INamel To Furtt (Nafflel Reason corr110 io book keep4n 473 16
Chariiy No". 1168894 SWANSEA CAt4AI SOOErY NDtes to the Financial Statements For the Year ErKled 51h A ril 2011 Note 14 Transactions wlth related p3rtie5 11 the charity h35 any transa¢iion5 wilh reLiied paities Ioiher ihan thetrustee expen5esexplaed in note 61 deiai1501 such Iransaiiion5 shouht be prowded m ihis noie. 11 there areno t13n$3dth5 10 report. please enter 'None" In the Televant boxes. 14.1 Remunrrion benefits PIEase8ive the amount ol. and le8al authorily for. any tEmurln oroihtr bpneli15 paid toa irustee or other related p3rtlQ5 by the chariiy or any in51iiuiion orwmpanytOnnKied Wilh il. e ottlUSte tiame ol trustee or {e8 order. Last yEar Connected p4rtv None None 14.2 loans Ple&5e give details of 3nd amounis owin8 io or fiom ihe ¢haritV'5truSteesfOlher rdaied parties by the chaiity al Ihe year end. Amwn15pdot bonoAtvaluè ov COne(l¢0 party ThiSar ret0 tfU51ees4nd rdated Part5 Ove Irorn trusiees and131£d Partie5 14.3 Other tran5actionlsl w¥th truse$ or related parties Please give dei3i15 013ny tr3nsaciion undertaken by (or on behalloll Ihe chaThty in wh*h è Iwu51ee or related party has a mater471 inieresi. Name ol the tru5tee•r ReLitionship OexriptwJn Df thE This year last Year lated party 17
Charity No.. 1168894 SWAPISEA CANALSOCIETY 14otes to Finan¢i41 Statements Fot the Year Ended 5th A vil 2011 Note 15 Additionaldtscjoswes Thp following are s18nilicani matier which are notcoverod In Other ne$and ncod io be included 10 provide a proper under51andin£ ol ihe attOu15. If ihere 15 insulftnr roDm he. please •dd a The iru51ee5 are hwaie thal tho accumvlaied doprociaiion has been usod to cover a shori ierm Thedeliciency In grant incoffle has Since b¢en rectifa and meawos ¥eTr ace io increase the Society s non-8ranl income and dimii)ale Ihe CuMulaENedelI¢. 18