## **THE HARGREAVES NARROWBOAT TRUST** Registered Charity No 1193869 Registered Office 11 Courtney Close, Nuneaton. Warwickshire. CV11 6JB ## Annual Report for the Year Ended 31st January 2025 Registered Charity No 1193869 Registered Office: 11 Courtney Close, Nuneaton, Warwickshire, CV11 6JB ## Chair’s Report The past year has been both productive and rewarding for our charity. Despite ongoing challenges in the wider economic climate, we have continued to receive generous support from our donors and the community. This support has enabled us to maintain and develop our activities, ensuring that we remain true to our charitable objectives. ## Financial Overview Our total incoming resources for the year amounted to £15,896.34. The primary source of income was donations, which totalled £14,853.31. Additional income was generated through the sale of souvenirs (£464.60), lottery ticket sales (£26.50), and other income streams (£415.31). We are grateful for every contribution, large or small, as each one helps us to continue our work. ## Expenditure We remain committed to the careful stewardship of the charity’s funds. Major expenditures included mooring fees (£1,200.00), insurance (£1,815.66), licences (£723.06), power (£711.43), administration (£708.23), and subscriptions (£73.00). All expenditure has been closely monitored to ensure that resources are used efficiently and in line with our charitable aims. ## Achievements and Activities Throughout the year, we have continued to deliver our core activities, supporting our beneficiaries and engaging the local community. The sale of souvenirs and lottery tickets not only provided additional income but also raised awareness of our cause. We have also worked to strengthen our partnerships with local organisations and supporters. ## Looking Ahead As we move into the next financial year, we remain optimistic about the future. We will continue to seek new funding opportunities and to expand our activities where possible. Our focus will remain on delivering value to our beneficiaries and upholding the trust placed in us by our supporters. On behalf of the trustees, I would like to thank everyone who has contributed to our charity during the year. Your support is invaluable and greatly appreciated. Signed, Chair of Trustees ## **FINANCIAL STATEMENTS FOR YEAR ENDING 31[ST] JANUARY 2025** ## **INCOMING RESOURCES** Donations 14.853.31 Grants received Income earned from other activities Sale of Souvenirs 464.60 Lottery Tickets 26.50 Other Income 415.31 Bank Interest 136.32 **TOTAL INCOME 15,896.34 RESOURCES EXPENDED** Capital Expenditure Other Expenditure Mooring Fees 1200.00 Subscriptions Paid 73.00 Licences 723.06 Insurance 1815.66 Power 711.43 Administration 708.23 Website Costs 575.02 Repairs 3163.73 Misc. 322.36 Crew Expenses 678.63 Souvenirs 48.76 **TOTAL EXPENDITURE 10,019.88** Net Gain 5876.46 **RECONCILIATION OF FUNDS** Movement on funds for the year Balances B/F at 1[st] February 2024 65,822.69 Excess of Income over Expenditure 5876.46 **TOTAL FUND CARRIED FORWARD 71,699.15** ## **THE HARGREAVES NARROWBOAT TRUST** Registered Charity No 1193869 Registered Office 11 Courtney Close, Nuneaton. Warwickshire. CV11 6JB ## **BALANCE SHEET AS AT 31[st] JANUARY 2025** **Tangible Fixed Assets** Hargreaves II Narrowboat Balance B/F 143,885.34 Additions 2024 Less depreciation 2024/2025 7194.27 Total Fixed Assets 136,691.07 **Current Assets** Bank Balances Business Instant A/C 11,788.20 Treasurers A/C 59,910.95 71,699.15 **TOTAL NET ASSETS 208,390.22** CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Report to the trusteesl members of The Hargreaves Narrowboat Trust On accounts for tlie year ended 31￿ January 2025 Charity no (if any) 1193869 Set out on pages I report to the trustees on my examination of the accounts of the above charity ("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 ( the Act"). I report in respect of my examination of the Trust's accounts carried out 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 145(5)(b) 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 respect: 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 matters in connection with the examination to 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: Name: J R Fearn Relevant professional qualification(s) or body (if any): ACMA Address: 1A Main Street Empingham Rutland LE15 8PR IER October 2018 Only complete if Ihe examlner needs to FiigFilight matters of concern (see CC32, Independenl examination of charity accounts: directions and guidance for examiners). Glve here brlef detalls of any Items that tlie examiner wishes to dlsclose. IER October 2018