## THE HARGREAVES NARROWBOAT TRUST 

## ANNUAL REPORT 2022 - 2023 

## Trust Organisaton and Development 

The new electric narrowboat experienced it’s first full season (April to October) after Covid – 19 restrictions. A new website was launched which included on-line booking facilities thus reducing administration time. During the season several new groups were welcomed on board. 

## Volunteers 

The Trust maintained a constant level of volunteers throughout the season with new recruits gaining valuable experience handling the boat, working with other volunteers and meeting various types of user groups. All trips were crewed satisfactorily. 

## Hargreaves II 

The new boat performed well over the season with only a few minor problems which were quickly resolved. Improvements to the access ramp were completed but a longer term solution needs to be investigated before commencement of the next season. Hull blacking will be required before next season. 

## Financial 

The final payment of the new boat was made and a small excess of income over expenditure was recorded. The amount received as donations for trips remained constant and donations to the Tea Fund increased slightly. Bank balances remained healthy. 

## 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 2023 

INCOMING RESOURCES Donations                                                                                                                              13743.55 Grants Received                                                                                                                     1000.00 Income Earned from Other Activities Sale of Souvenirs                                                                                                                      334.80 Lottery Tickets                                                                                                                            47.00 Other Income                                                                                                                            584.53 Interest Received                                                                                                                        10.73 TOTAL INCOME                                                                                                                     15720.61 RESOURCES EXPENDED Capital Expenditure New Boat                                                                                                                                  3531.53 Other Expenditure Mooring Fees                                                                                                                           1200.00 Subscriptions Paid                                                                                                                     271.35 Licences                                                                                                                                       574.52 Insurance                                                                                                                                  1606.80 Power                                                                                                                                        1259.26 Administration                                                                                                                           748.74 Website Costs                                                                                                                          2664.02 Repairs                                                                                                                                      1006.48 Misc.                                                                                                                                          1390.66 TOTAL EXPENDITURE                                                                                                           14253.36 Net Gain (Excess Income over Expenditure)                                                                      1467.25 RECONCILIATION OF FUNDS Movement on funds for the year Balances B/F at 1[st] February 2022                                                                                    65668.15 Excess of Income over Expenditure                                                                                    1467.25 TOTAL FUND CARRIED FORWARD                                                                                   67135.40 



## THE HARGREAVES NARROWBOAT TRUST 

## Registered Charity No 1193869 

Registered Office 11 Courtney Close, Nuneaton. Warwickshire. CV11 6JB 

## BALANCE SHEET AS AT 31[st] JANUARY 2023 

Tangible Fixed Assets Hargreaves II Narrowboat                                    Balance B/F                       149,190.07 Additions 2022                      3,531.53 Less depreciation 2022/2023                                                                                5,121.24 Total Fixed Assets                                                                                                147,600.36 

Current Assets Bank Balances                                Business Instant A/C                                     11,542.94 Treasurers A/C                                               55,592.43 67,135.40 TOTAL NET ASSETS                                                                                               214,735.76