Erewash Canal Preservation & Development Association (Registered charity, number 1173704) Financial statements for the year ended 31 March 2024
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| 2 - 4 | nnual report Trustees’ a |
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| 5 | Independent e xaminer’s |
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| 6 | Receipts & payments account | ||
| 7 | Statement of assets & liabilities | ||
| 8 - 9 | Notes to the accounts |
Erewash Canal Preservation & Development Association annual report for the year ended 31 March 2024
Full name Erewash Canal Preservation & Development Association
Other names by which the charity is known ECP&DA
Organisation type Charitable incorporated organisation
Registered charity number 1173704
Principal address 130 Derby Road, Langley Mill, NG16 4AA
Trustees Norman Cornwell, Chairman Vivienne Kilbourne Geraldine Martin, Treasurer Doug Swain Shirley Cornwell Judy Berry Glyn Stenson Paul King Dorothy Stenson Yvonne Shattower, until 08/2023
Independent examiner
, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL
Governance and management
The charity is operated under the rules of its constitution adopted January 2017 and most recently amended July 2022.
New trustees are recruited from the members.
Objectives and activities
The objectives of the CIO are:
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The restoration, reconstruction, preservation and maintenance of the Erewash Canal and associated waterways. Its buildings, towing path, structures and craft and the conservation of its natural character as a navigable inland waterway system for the benefit of the public.
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To provide educational and training opportunities to members and the public in all aspects of canals, through the heritage of the built and natural environment, to promote respect for this and emphasise the importance of safety requirements in a waterway environment.
Public benefit statement
The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'.
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Erewash Canal Preservation & Development Association
Summary of the main activities undertaken for the public benefit
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Friday work parties at Langley Mill.
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Sandiacre cottages open once per month and on bank holidays, also on request and for group visits arranged in advance e.g. brownies, schools, walking groups.
Raising awareness of the importance of the canal and its place in the history of the Erewash Valley. The health and wellbeing effects of being outdoors and near water. Making the cottages an integral part of the local community - liaison with local library, local councillors, rotary groups etc.
Summary of the main achievements during the period
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Sandiacre Lock Cottages have been refurbished upstairs and month on month are becoming more popular. Two local schools have visited and brownie groups are booked in. Each opening has a special event attached - from belly dancing to one-man bands.
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The weekly work party at Langley Mill are a group of regular volunteers, they maintain the moorings leased from Canal and River Trust which are rented out to members.
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Other activities included maintaining workshops, pumping station, ensure cleaning of the sanitary facilities and general tidiness of the site.
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Some maintenance work has been done at Sandiacre Lock Cottages.
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There has been work done in conjunction with Friends of Cromford Canal to assist with their extension further on from Langley Mill.
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We have transported materials on the canal for Friends of Bennerley Viaduct. Canal and River Trust request our help to maintain the canal, detailing work necessary and providing materials, we expect this to increase as time goes on.
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The 55[th] Association, Anniversary Rally was held at Langley Mill in May 2023, taking 18 months to plan by a dedicated team of volunteers. It was extremely successful, very well attended and made a profit.
Financial review
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Historically, year on year the association loses money but has benefited from some large donations which maintains its viabiliy. The cottages at Sandiacre are a key source of money but have required a lot of updating expenditure this year.
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2023-24 the holding of a rally at Langley Mill and the receipts of some large grants - principally from Canal and River Trust - enabled a profit to be shown but these are restricted grants.
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A strategic meeting is to be held later this year to look at further developments to increase funds but age and lack of working members - plus a reluctance among some - are restricting factors.
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Erewash Canal Preservation & Development Association
This is reviewed each year.
Financial risks
Going bust - plans in hand to write a 'will' for the distribution of assets.
Signed ______ Date _12/10/2024 Norman Cornwell, Chairman
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Independent e xaminer’s report to the trustees of Erewash Canal Preservation & Development Association for the year ended 31 March 2024
I report to the trustees on my examination of the accounts of Erewash Canal Preservation & Development Association (the charity) for the year ended 31 March 2024.
Responsibilities and basis of report
As the trustees of the charity 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 ch arity’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.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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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 ____ Date _______ a 14/10/2024 Jo hn O’Brien MSc-F CCA, FCIE Employee of Community Accounting Plus
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Erewash Canal Preservation & Development Association Receipts & payments account for the year ended 31 March 2024
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Erewash Canal Preservation & Development Association Statement of assets and liabilities at 31 March 2024
These financial statements are accepted on behalf of the charity by:
Signed _____ Q Net Dated _____12/10/2024 Geraldine Martin, Treasurer
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Erewash Canal Preservation & Development Association Notes to the accounts for the year ended 31 March 2024
1. Receipts & payments accounts
Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.
2. Funds analysis
Langley Mill fund is for the purchase of tools/training for Langley Mill. Sandiacre fund is for the purchase of a timeline for Sandiacre Cottages. CRT fund is to further canal work including the purchase of life jackets and helmsman training etc.
3. Premises
We rent Langley Mill basin from the Canal and River Trust for £1600 per quarter and sublet the moorings. We have the pump house on a 99-year lease no fees paid from Severn Trent. The lease started in June 1987. We lease the Workshop and tollhouse from the Canal and River Trust paid as part of our quarterly lease.
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Trustees received no expenses, remuneration or benefits in this period.
5. Related party transactions
There were no related party transactions in this period.
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Erewash Canal Preservation & Development Association
6. Glossary of terms
Creditors: These are amounts owed by the charity, but not paid during the accounting period.
Prepayments: These are services that the charity has paid for in advance, but not used during the accounting period.
Restricted funds: These are funds given to the charity, subject to specific restrictions set by the donor, but still within the general objects of the charity.
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