## **THE HARGREAVES NARROWBOAT TRUST** ## **ANNUAL REPORT 2021 - 2022** ## **Trust Organisaton and Development** In a major step forward for the Trust, our new electric narrowboat, Hargreaves II, was launched in May 2021. Thanks are due to all organisations who provided funding, especially The National Lottery Community Fund. Our design team spent many hours designing a boat which met our needs and was environmentally friendly. The Trust welcomed 4 new trustees in March 2021 to assist in the management of the Trust. The three monthly meetings have been most successful in keeping all volunteers up to date. The meetings also enable everyone to give feedback to the Trustees on the operation and management of the Trust. ## **Covid – 19 Restrictons** Unfortunately due to restrictions we were unable to operate normal trips until July 2021 which was very disappointing especially as Hargreaves II was delivered in May 2021. Most groups were still reluctant to be in a confined space aboard a narrowboat for many weeks after the restrictions were lifted. ## **Volunteers** The Trust maintained a constant level of volunteers throughout the season but recruitment commenced at the end of the season to increase the number by at least 4 in preparation for the 2022 – 2023 season. All trips were able to be crewed satisfactorily. ## **Hargreaves II** The new boat performed well over the season with only a few minor problems which were quickly resolved. Improved access ramp will need to be sourced before the commencement of the new season. Batteries performed well and solar input reduced the running costs considerably. ## **Financial** The amount given as a donation for a trip increased slightly and the sale of souvenirs improved. Passengers continued to donate to the tea fund. Bank balances remained healthy at the end of the year despite heavy expenditure on capital items. Prepared by M J Parsons Secretary ## **THE HARGREAVES NARROWBOAT TRUST** Registered Charity No 1193869 Registered Office 11 Courtney Close, Nuneaton. Warwickshire. CV11 6JB ## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JANUARY 2022** **INCOMING RESOURCES** Donations 6639.53 Grants Received 49,600.00 Income Earned from Other Activities Sale of Souvenirs 172.99 Lottery Tickets 26.00 Other Income Interest Received 1.14 **TOTAL INCOME 56,439.66 RESOURCES EXPENDED** Capital Expenditure New Boat 83,114.31 Other Expenditure Subscriptions Paid 249.36 Licences 1632.42 Insurance 1679.60 Power 436.86 Administration 769.59 Repairs 504.41 Misc. 1074.20 **TOTAL EXPENDITURE 89,460.75** Net Deficit (Excess Expenditure over Income) ( 33,021.09) **RECONCILIATION OF FUNDS** Movement on funds for the year Balances B/F at 1[st] February 2021 98,689.24 Excess of Expenditure over Income (33,021.09) **TOTAL FUND CARRIED FORWARD 65,668.15** CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Report to the trusteesl members of The Hargreaves Narrowboal Trust On accounts for the year ended 31" January 2022 Charity no (if any) 1193869 Set out on pages I report to the trustees on my examination of the accounts of the above charity 1.the Trust.) for the year ended Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 1"Ihe Act"). I report in respect of my examination of the Trust's accounts carried oul under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 14515llbl of the Act. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material r8specl-. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concerns and have come across no other mallers in connection with the examination lo which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date: ,/i Name.. Relevant professional qualifieationls) or body lif any): Address: I A MA-&w I UEI£ IER October 2018 Only complete if the examiner needs to highlight matters of concern (see CC32, Independeni examination of charity accounts.. directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER October 2018