Mary Sunley Canal Boat Trust CIO Charity No. 1177356 Principal Office 124 Towers Road, Poynton. Stockport, SK12 1 DF Constitution dated 29th March 2018 Flnanclal and Reserve pollcy dated 11 February 2025. Trustee's Report for year 2004 Summaryof Tnut.. The Trust owns and operates a crewed canal Px)at that Is adapted for dlsabled people. We offer dav trips on the Macclesfield Canal in Cheshire. Our passen8ers are mainly elderly people with limited mobllity. Chorltoble Objecdves olthe Tnist.. TO PROVIDE OR AS515T IN THE PROVISION OF FACILrriES, IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION OR OTHER LEISURE-TIME OCCUPATION. FOR PERSONS, RESIDING IN THE EAST CHESHIRE AND SURROUNDING AR￿ WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH. AGE. INFIRMrrY OR DISABLEMENT, POVERTY OR SOCIAL AND ECOhlOMIC CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDMONS OF LIFE. Mary Sunley Canal Boat Trust is an all-volunteer or8anisation WFth no paid Staff. A committee onsisting of 11 trustees arKI co-opted member5 manages the running of the organisation. Mary Sunley Canal Boat Trust Trustees In 2024 {arKI 20251 are: Andrew Altree, Brlan Bowker, David Dawson, Anthony Evans, Philllp Hall. Diana Meadow5, Brian Pateman, Tracy Spar80, Geoffrey Spiller, John Wllliams and Andrew Wright The Trustees are satisfied they have complied Wbth the duty in Section 4 of the Charity Art 2C(6 to have regard to the Charty Commission's guidance on public benefft. Potentlal new trustees are invtted to attend committee rneetingso dlscuss role and responslbilities with key trustee5 and referred to Charity Commission guidance - Charity trustre: whavs invofved {CC3al. Trips are crewed by a minimum of 2 volunteer5. Advlse Ctrop Bank I St Peters square. stoCk￿rt SKI INX Vemon Bulld1￿ S(Klety 19 St Petersgate, Sto(*port SKI IHF InSura￿e Broker, Gallager, Unit 3, Magden Park Green Meadow Uantrisant Rhondda Cynon Taff CF72 8 Trustees Report During the year we did a total of 141 paid trips. and 1502 passengers slightly down on 2023, but this was probably due tothe cold and damp sprlng we had, limitingthe numberof bookings we got for April and May. We are still encouraged to see how most of our long- standing customers have come back year after year to enjoy their days on the water. We were very sad to hear of the deaths of Tony Smlth, rim Baker, and Arthur Dowd. Most people V￿uld of course have known Tony who was a very knowledgeable, and likeable Skipper for a number of years. rim had been a trustee, in fart he was chairman when we got the Mary Sunley 2, and was instrurnental in ensuring the funds were available to allow us to build the boat. Arthur was also a trustee at the same time as Tim We have welcomed a number of new volunteers, and will be trying to find more in the coming months. We have already opened the bookings for the 2025 season, and we are encouraged by the number of bookin85 already received. We are in a fortunate financial position to be able to keep the prices the same for another year, as we do not want to disadvantage certain groups who may find the cost to be prohSbftlve. Thanks to the fund raSslng efforts of the Mayor of Poynton and parttcularly volunteer Tony Deacon, the Elfts, donations and legacies we have received we have been able to replace the curtalns and cushlons, and l am sure the fresh look inslde the boat will be most welcome. Although we hwle had small technlcal Issues with the boat, these are to be expected due to Its age, and we are reallslng how Important It IS to carry out regular preventative maintenance to ensure the rellablllty of the Mary Sunley and our thanks to everyone who has helped in keeping the boat ship shape. l extend slncere thanks to my fellow Trustees and committee members for their commitment and enthusiastic support. All make a real contribution to the success of the trust And finally, a big thank you to all our splendid volunteers for your commitment, enthusiasm. and humour. Flnondolheafth ond reseThepolkr. The Trust is in a good financial position. Income is derived bytrip fees and donations. Our Reserrfe Policy states that we should hold a reserve of £IOk to cover the c05t of major planned or unforeseen repair costs and projects to improve our operation. Sn addition, we plan to grow a New Bo* Fund of £l(MX by 2033. We remain on track to do this and therefore comply with our Reserve Policy. l am pleased to report that the Mary Sunley Canal Boat Trust had another financially positive performance In 2024. The performance was far better than the Trustees had antlcipated when setting the budget. Boat hire charge was held at £120 for a standard 4-hour trip in 2024. In summary Operating Surplus £12,316 Funds held in Bank and Bulldlng Soclety £73,387. Total income was £26,439.84 of which £18,180 vrds from hire charges and £6,204.39 in donations £3,584.96 came from the Mayor of Poynton's various fund-raising events, £1,253 raised by volunteer Tony Deacon on a sponsored bike ride and £2227.63 in legacleslmemorial gifts. Total expenditure was £14,123.02 an increase of £2,643 compared with the previous year. Costs induding Boat Licence, Moorin& Insurance and Diesel all increased compared wlth last season due to Inflatlon pressures. Repair and equiprnent costs Increased compared wlth prevlous seasons which Is to be expected wlth an aEln£ boat. The Trustees declare they have approved the trustees, report above. Slgned on behalf of Trustees: Signature Name ¢AVK Position Date LA |||||||||| |---|---|---|---|---|---|---|---|---| ||||**MARY SUNLEY CANAL BOAT TRUST**|||||| |||||||||| ||||**income and expenditure account dated**|**31 December 2024**||||| |||||||||| |**2022**|**2023**|||**2024**||||| |||||||||| ||||**INCOME**||||_Budget_|| |16,190.00|18,420.00||Hire Charges||18,180.00||_18000_|| |396.00|0.00||credit b/f|||||| |639.03|715.70||Donations & Sponsorship||6204.39||_1000_|| |0.00|0.00||Grants & CommunityFunding||0.00||_0_|| |-|-||Public Events(e.g. Poynton Show)||0.00||_150_|| |428.17|443.44||CollectingTins & Sales on Boat||461.24||_400_|| |315.50|260.00||Crew Clothing||183.50||_0_|| |94.73|61.13||Interest||1410.71||_1650_|| |-|-||Other||0.00||_0_|| |18,063.43|19,900.27||**TOTAL INCOME**|||**26,439.84**||_21200_| |||||||||| ||||**EXPENDITURE**|||||| ||||**Fixed Costs**|||||| |796.68|868.38||Boat Licence||944.70||_920_|| |1,960.91|2173.35||Mooring& Rent||2390.68||_2391_|| |50.00|130.00||Membership||0.00||_150_|| |1,782.55|2033.33||Insurance||2342.34||_2200_|| |225.76|242.69||Annual Maintenance & Inspections||421.02||_350_|| ||||**Variable Costs**|||||| |1,549.86|1075.10||Diesel||1287.20||_1200_|| |150.00|553.19||Regular Maintenance Inc. PumpOuts||515.00||_600_|| |1,627.79|2293.52||Repairs and Equipment||3311.63||_3500_|| |382.34|146.95||Consumables(not fuel)||156.57||_200_|| ||||**Admin and Crew Costs**|||||| |866.90|1123.08||Bookingandpayment system||1461.21||_1180_|| |-|0||Admin/Secretarial||33.36||_50_|| |299.00|0||Marketingand Promotion||0.00||_250_|| |1,498.20|462.00||Training||350.20||_500_|| |261.30|237.24||Crew ClothingInc. ID||216.12||_0_|| |-|0||Crew Recognition||560.00||_500_|| |166.91|141.99||Other||132.99||_300_|| |11,618.20|11480.82||**TOTAL EXPENDITURE**|||**14,123.02**||_14291_| |||||||||| |6,445.23|8419.45||**NET INCOME(Operating Surplus/loss)**|||**12,316.82**||6909| |||||||||| |||||||||| ||||Statement of Assets,liabilities and cash at|**31 December 2024**||||| |||||||||| ||||**Assets**|||||| ||60,000.00||MarySunley2 Canal Boat(estimated value)|||55,000.00||| ||||Other assets|||-||| |||||||||| ||||**Bank and Building Society Accounts - cash**|||||| |16,517.93|6,043.67||Co-opBank|||4,949.78||| |36,132.25|-|||||||| ||45,000.00||Vernon BuildingSociety35 dayaccount|||58,024.24||| ||10,026.96||Vernon BuildingSocietyeasyaccess account|||10,413.43||| |52,650.18|**61,070.63**||**Total cash in bank**|||**73,387.45**||| |||||||||| ||||**Total assets**|||**128,387.45**||| |||||||||| Independent ExamlneVs Report to the Tntstee5 of the Mary Sunley Charftable Tru5L I report to the Trustees on my examination of the accounts of the Mary Sunley Charitable Trust for the year ended 315t December 2024. Responslbllltles and basls ol the report As the charlty trustees of the Trust you are responslble for the preparatlon of the accounts In accordance with the requirements of the Charities Act 2011 (the Act). I report In respect of my examination of the accounts carrled out under settlon 145 of the 2011 Act and in carrying out my examination I have followed the all the applicable Directions glven by the Charity Commission under sertion 145151{bl of the ACL Independent Examlnerfs Statement I have completed my examination. I confimi that no materlal matters have come to my attentlon In connection with the examlnatlon 8lvin8 me cause to be15eve that in any material respect: l) Accounting ￿ordS were not kept in respect of the Trust as ￿qUIred by sectlon 130 of the Act; or 21 The accounts do not accord with those records; or 31 The accounts do not Corngly wlth the applicable requlrements concemlng the fomi artd contents of the accounts set out In the Charities (Accounts and Reports) Regulations 21XJ8 other than any requirement that the accounts give a true and falr vlew which is not a matter considered as part of an Indèpendent examlnation. I have no concerns and have come across no other matters In connertlon wlth the examlnatlon to which attention should be drawn in this report in order to enable a proper under5tsnding of the accounts to be reached. Sl8ned................ Ro8Èr Graham YORKE Associate of the Chartered Institute of Bankers Date 13. ao L? 14 Bowden Lane, Chapel-en-le-Frith, HIGH PEAK