Wessex Waterways Restoration Trust Charity number 1174586 Trustees Report
Wessex Waterways Restoration Trust
Report and Accounts
Year ended 31 March 2022
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Wessex Waterways Restoration Trust Charity number 1174586 Trustees Report
The Trustees present their report and accounts for the year ended 31 March 2022.
Principal Activities
The charity’s principal activities during the year continued to be, working with volunteers, to further necessary maintenance work and to advance construction and restoration for a navigable waterway between the Kennet and Avon Canal and the River Thames and the Cotswold Canals.
Trustees
The following persons served as trustees during the year:
Rachael Banyard (re-elected for a further term of three years on 22 January 2022) Matthew Carpenter (re-elected for a further term of three years on 22 January 2022) Michael Handford
Luke Walker (ratified by members at AGM on 22 January following co-option in May 2021)
Chairmans Narrative
The charity was formed in 2017 to increase voluntary involvement in the construction, restoration and maintenance of a navigable waterway linking the Kennet and Avon Canal near Melksham with the Thames and Severn at or near Cricklade and the River Thames at or near Abingdon, and to improve the waterway for the use and benefit of the public, and not by way of limitation, that waterway shall include part of the original Wilts & Berks and North Wilts Canals and their branches which form part of the navigable links.
The primary aim is to complement the work of the Wilts & Berks Canal Trust whose activities focus on other sections of the waterways.
The Trust is working with two of our supportive landowners in starting the process of designing and rebuilding of an accommodation bridge and the design of a completely new lock at lock 1 of Seven Locks, Tockenham.
Trust volunteers were able to take a publicity stand to the IWA's Festival of Water being held in Worcester on the Worcester and Birmingham Canal.
It is hoped that with the further relaxation of the Covid restrictions the Trust will be able to attract more people to join our work parties.
The Trust continues to enjoy good relationships with our landowners who help with moving materials to site and the loan of machinery.
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Wessex Waterways Restoration Trust Profit and Loss account for the year ended 31 March 2022
Current Financial Year
| Unrestricted funds Restricted funds 2022 2022 £ £ Income from charitable activities 2802 Expenditure on charitable activities (2761) Net income (expenditure) for the year 41 Prior Financial Year Unrestricted funds Restricted funds 2021 2021 £ £ Income from charitable activities 1183 Expenditure on charitable activities (1003) (1835) Net income (expenditure) for the year 180 (1835) |
Total 2022 £ 2802 (2761) 41 Total 2021 £ 1183 (2838) (1655) |
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Wessex Waterways Restoration Trust Balance Sheet as at 31 March 2022
| Notes Fixed assets Tangible assets 3 Current assets Debtors 4 Cash at bank and in hand Creditors, amounts falling due within one year 5 Net current assets Net assets Capital and reserves Restricted funds 6 Unrestricted funds Income funds L Walker Trustee |
399 8666 9065 (1075) |
2022 £ 3356 7990 11346 8552 2794 11346 |
377 7927 8304 (1952) |
2021 £ 4712 6451 11064 8552 2512 11064 |
|---|---|---|---|---|
Approved by the Trustees 17 May 2023
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Wessex Waterways Restoration Trust Notes to the accounts for the year ended 31 March 2022
1 Accounting policies
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life as follows
| Plant and machinery Fixtures, fittings, tools and equipment 2 Employees Average number of persons employed by the company 3 Tangible fixed assets At 31stMarch 2021 Additions At 31stMarch 2022 Depreciation At 31stMarch 2021 charge for the year At 31stMarch 2022 4 Debtors Other debtors 5 Creditors: amounts falling due within one year Other creditors |
over 5 years over 5 years 2022 number 0 2022 £ 399 2022 £ 1075 |
2021 number 0 6780 0 6780 2068 1356 3424 2021 £ 377 2021 £ 1952 |
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| Wessex Waterways Restoration Trust Notes to the accounts for the year ended 31 March 2022 6 Restricted funds Awards for All 7706 Other restricted funds 846 8552 Balance 31 April 2021 |
Resources Expended 0 7706 0 846 0 8552 Balance 31 March 2022 |
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| Wessex Waterways Restoration Trust Detailed profit and loss account for the year ended 31 March 2022 Income Charitable income Foxham Bridge (Oriel Bridge) Other direct costs Administrative expenses Motor expenses General administrative expenses Marketing Staff training and welfare Membership expenses Insurance Equipment expensed Software Depreciation Repairs and renewals Sundry expenses |
2022 £ 2802 50 54 532 1356 1992 1992 |
2021 £ 1182 205 23 23 156 104 54 499 336 57 1294 2607 2632 |
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