Charty No. 1198949 Cotswold Boatmobility CIO Report & Financial Statements 31 December 2022
Cotswold Boatmobility CIO Referen¢e & adrnini¥lrative detsils For the eriod ended 31 December 2022 Status The organi5ation is a charitable incorporated organisation I"CIO'I. tt was formed on 13 May 2022 and regislered by the Charity Cornmission as charity on that date. Charlty number 1198949 Reglstered address 89 Boakes Drive Stonehouse Gloucestershire GL10 3QW Bankers Lloyds Bank tAc Rowcroft Stroud Webslte
Col$wold Boatmoblllty CIO Rgport ol the trusl¢es For thg ¢rlod ended 31 De¢ember 2022 Tha trustees present their rewrt arKI the financial statements IOT the period ended 31 De¢ember 2022. The charity was lomied in May 2022 arvj acquired, by way ol donation. the assets and operation ol a lormer unincorporated charity wth the same namtr and objectives. This report therefore covers tha linancial results for thts period Irom May to Dectrmbtrr 2022. To enabl& a full picture ol the optsralion and tslfectiveness ol the charity this rtrwrt also reftrrs to the acD"vities ol the former charity in th8 calendar year 2022. Structure, governan¢o #nd m•nogement Organlsgtlonal stru¢luro Th8 allaits ol thè Charity ar8 directed by the board of trusteès. The twsrees meet lormally at least six lime5 a year. The charity ha5 no employee5 and the day to day managernent ol the charity is Carried out by the trustee5 a55isled by a numb8r ol volunteers. The tru$tso8 The trustees during the pericJ covered by this report are.. Michael Cartledge Yvonne Hobbs Heidi Horn Valerie Kirby Steve Pickover Janet Thomas Keith Tibbilts laFp)intedJarnry20231 IreBign8d Dec* 2Wdl Appolntment of trustees New Iruslees are appointed by a resolulion ol the existing truslees in accordance with the provisions ol the constitution ol the CIO. Rolatsd partlos and connected organlsatlons The charity rkS closdy wlh and receives pro bono SUFVOrt from thg Cotswold Canals Connected project, a major Lottery funded project aimiThJ to open up a major stretch ol the canal network through GIoLJceslershire. Though this connection the charity wod(s with Stroud District Council and the companies and charities owning and operating the canals. Rlsk stat8m8nt The trLJStees have undertaken a lull risk assessment and keep this under review at Trustee meetings.There are written procedures lor operating the charity's boats atm1 appropriate qLJalilications are required lor those volunteers operating the boats.
Col$wold Boatmoblllty CIO Rgport ol the trusl¢es For thg ¢rlod ended 31 De¢ember 2022 Obl¢¢tlve$ and a¢tlvltJes The ¢harity's objectives as sel out in ils conslilulion are lo providtr or assist in the provision ol lacilities in th8 interest ol social wtrlfare for recreabon or other leisure time occupation in particular aSsIble boating opportunities on the Cotswokl canals. ol individuals who have need of such lacilities by reason of their youth, age, inlimiity or disability. linancial hardship or social circumslan¢as th the object ol improving their nditionS ol lite. Th8 Charity do&s this by organising boating and other activities on the canal on ils ol boats which currently consist of tsyo mot0ri5ed boals capable ol carrying wheèlchairs and several Katakanus, being siabilised six parson cano& ty t¥)ats. The service is ¢urrently provided by a ran ol voluntters havè been provided appropriat8 training. Publlc boneflt In considering how the Trust lullils ils aims and objectives thè Trustees havè had regards lo the Charity Commission guidance on public benefit. The descriptions of the Trust's charitable activities and plan5 in the remainder ol this report are drafted wlh this guidance in mind. The services and support which the Trust provides are available to a wide range ol b8neliciaries. Achltvèmènts ind rforManC* As Cotswold Boatmobilily op8rates a service lor ils beneliciaries which is entirely outdoors we were able. wilh the approval ol the Dislrcil Council's Covid olficers. to continue to provide boating activities through the early parl ol the year when restrictions lor other acbvities w8re in place. The charity provided around 5,000 guesl trips in 2022. Those beneficiaries included the learning disabled clients ol a number ol supported care providers as well as residents ol several care homes lor the elderly. For many the activity on the canal in one ol the boats is an essential activity lo socialise outside their residential environment. The charity is one ol the lew in the locality which can provide these opportunities lor wheelchair users. Plans for luture porlods In April 2023 the charity took delivery ol a new trrt)at, Symphony, which wll enable several wheelchair users and others to take trips on the canal. The chartly has also got agreement lo move ils base to a more accessible location in Stonehouse wth a PUryKJse built landing stage and toilet and other facilities appropriatè lor ouc cli&nt group. The operation is currently restricted to two days a week mainly because ol the lack ol volunteers. The trustees aim to recruit and train athjits'onal volunteers which wll enable operation on additional days. The trustees plan to invest in systems, including an improved website, to enable the volLJnleer force to be b& organised and communicated vthh ettlendY and sensitively.
Col$wold Boatmoblllty CIO Rgport ol the trusl¢es For thg ¢rlod ended 31 De¢ember 2022 Fln8n¢lal revlow Tha results lor the period belween 13 May arKf 31 Decen&)er a sel out in the Slalemenl ol Financial Activities on pag&. and artr summarised below: 2022 Incorne Boat op8raling costs lirlll1j depre1]n of £4.6WI Other costs £8,272 1£6,712) £1,571 Nel movemènts in lunds £11 The financial results lor th8 PeriCJ are shovm in th6 Statèm8ni of Financial AC'vitieS on page Funding comes mainly from a wde range ol indivLKlual donations from supporter5 and, in 2022, from a grant from the Charities Aid Foundalion. The rnain expenses are ol running and maintaining the charity's boats and facilities. During the period the charity acquired a 'Mobiloo' wlh funding from Ihe 8arn%bwd Trust. This cost £18,000 and is being depreciated over live years. Reserves pollcy The cash positions is monitored and reviewed regularfy by the trustees to ensure that the charity has sullicient accessible assets lo enable it to carry on its activities lor Ihe benefit ol current and lulure beneliciaries. The Iruslees aim to mainlain sullicienl cash to enable them lo continue to provide a service to beneliciaries on al least three days a week lor a perd ol six months.
Col$wold Boatmoblllty CIO Rgport ol the trusl¢es For thg ¢rlod ended 31 De¢ember 2022 ststement of the trustees. responsibilitie Tha Iruslees are resFY)nsible lor preparing the tnjstèes, report and the financial slalemenls in ac¢ordan¢e wth the constitution of the CIO, applicabltr law and regulations. In preparing these financial slalements. the trustees are required to.. strlecl suitable accounting PK>licies and Ihen aFwly Ihem consistently.. make Judgments accounting estirnat&s that are reasonable and prud8nl.' slate whether applicable UK Accounting Standards (United Kingdom Generally Accepted Accounting Practic81 havè been follo, subject lo any material departures disclosed and explained in the Iinancial siatement5; prepare the financial slalemenls on the going leM basis unless it is inappropriate lo prèsum8 that the charity will continue in operation. The Iruslees are responsible for keeping adequale accounting records that are 5uflicienl lo show and explain the charitable incorpraled organisation's transaclion5 and disclose wth reasonable accuracy at any time the linancial p05ilion of the charity and enable them to ensure that the financial statements comply with the Charibes Act 2011 and The Charity IAccounls and Report) Regulations 2008. They are also responsible lor safeguarding the a55ets ol the charity and hence lor taking reasonable steps lor the prevenbon and detection ol Iraud and other irregularities. Approved by the Truslees on 22 June 2023 and signed on their behalf by.. Janet Thomas Trusteo Michael Cartledge Trustee
Colswold Boalmoblllty CIO ststemonl of flnanclal a¢tlvltle$ (Incorporatlng an Income and oxpendlturo a¢¢ount) For the rlod ended 31 De¢emb&r 2022 2022 Total Unreslrl¢t¢d Restrlcted Note In¢omlng resour¢es Incoming resources Irom 9enerated Its Voluntary income Acbvili8s lorgeneratAng lunds.. Sale ol goods 4.137 4,137 1.635 1,635 Grants received 2.500 Total Incomlng re$ourc•s 8.272 Re$our¢e8 oxpended Costs olgeneraling lunds.- Fundraising costs Charitable expenditure Boat operating costs Equipment and salety costs Othèr etssls 2.099 1.013 1,571 5,699 1,013 1.571 Total charltabl8 exp8ndlturè 8,283 Total resources expendèd 8,283 Nel In¢omlngl{outgolngl rnsour¢e$ for thè perlod {3,600} Not movement In fund# (3,600) Funds at 13 May 2022 Assets transferred from prlor entlty 15.927 27,31)0 43,227 Funds at 31 December 2022 19,516 Al ol the above results are derived Irom continuing activities. There were no other recognised gains or losses other than those stated atrM)ve. Movements in funds are disclosed in note 'A13to the financial statements.
Col$wold Boatmoblllty CIO Balan¢0 Sheet As at 31 D&¢gmber 2022 2022 Note T¥nglble flx•d o$sets Boats and Equipment 15.400 15.400 Curront 8$set$ Debtors Cash al bank and in hand 27.816 Credltors: Amounts lalllng dut wlthln ono year Nel currtnl ssèt$ 27.816 Nel $sèt$ Funds Restricted funds Unrestricted funds.. General funds 29,700 13.516 Total lunds 10 Approved by the Truslees on 22 June 2023 and signed on their behalf by= Janet Thomas Trustee Michael Cartledge Truste8
Cotswold Boatmoblllty CIO 2022 ststement of Cashflows Cashllows from operating activities £4,589 Cash and cash equivalent at beginning of the perii)d £23,227 Cash al bank and in hand £27,816 Reconclllatlon ol not In¢ornel(expendlture to net cash flows from operatlng actlvltles Net incomellexp8ndilure lor the period las per Siatemenl ol financial activiliesl (£111 Adjust for Depreciation £4,600 £4.589
¢otswold Boatmoblllty CIO Notes to the Ilnan¢lal statements For the ended 31 De¢ember 2022 A¢¢ountlng poll¢le$ al The financi siaiements have been prepa under the historical cost convention aThJ In a¢¢ordan¢e wilh the Siaiemeni of Recommeje Prac1". Accwniing and Reporting by Charities preparing their a¢¢ounis in a¢¢ordan¢e vffjh Ihe Fin1 Reportiw Standards applicable In the UK. the ChaTilies Aci 2011 anLI UK Generally A¢cewed A)UntIng Prathre as il aprAs from 1 January 2015. bl Voluntary income is re¢eNed by way ol (k)r4kn1$ and gills a1 is ir¢luLtsd in lull in the stat¢meni of financial activities %then receivable. cl Grants paKI are ro¢ognisod in lull in th& aleftnI of finants¥ actniilies in Ihe year in thay arè dl Resources expe1¢0 arts recognised in Ihe pericKI in thi¢h thèy ar8 iurred. RèstyJr¢as exwnded include allribuiab VAT which tannot b& te¢overod_ 81 Rosources oxperKle(l are allocaiod to lh& parttular a1vty tho cost relaiès directly 10 thai aciivily. The cost of overall diraciion and adminisiraiion ol oaeh activity is apporfne 10 aach aeiwily on thè b.$ of th• eosi 018ach aciiwty. Govornancè costs are lh8 eosts associaiad %ilh Ih$ govérnaneo arrang4m4nis ol thé charity. Thèsè eosis arè a$Slat$d %ilh eonsiilulional and siaiulory roquIrèmts and includo any costs a550cialed vilh the slralggic manayemenl ol th8 chartys activilies. gl Rasiricièd funds ar• to b• US lor purposès as laid do1 by thè donor or grantor. Expendilurè which m•èis Ih•sè uiltria is tharged lo luThJ tL¥Jelh8r *ilh a lair allocation of manag8m8nl and 5UFFOrt co$is. h) Unrèstricted lunds arè donattins and Olhèr ineoming rèsourcès rèc•iv#bl8 or gèneratèd for th• objècls of th• charily. Il 08signaled luTras ar8 unrestricted lunds 8armathed by th8 Irust88s for partKular Pur1#8. kl Translers between funds are made by Ihe Truslee5 to relknl aFproFYiale charge5 betren funds in the years atter the original incom8 has been recognis8d in th8 finarla1 statements. 2. Incomo 2022 Total Donation5 Lott&ry incorn8 Sale ol goods Granl-charilies Foundalh?n 3,SSO 587 1,635
¢otswold Boatmoblllty CIO Notes to the Ilnan¢lal statements For the ended 31 De¢ember 2022 T¢)tsl re$our¢eg expended 2022 Totsl Repays and 329 TraIng ElrErty Insurance 290 300 XhersuprAles 4nd 5evKoB Demat 180 4.600 1.013 691 Totsl v••ouic•••xpDnd•d 5,699 1,013 1,571 8,283 4. N•t In¢omlng moure•8 lorth• thr This is siaièd aftèr tharging l trrtir¥j. 2022 08preciation Trustees, ind8mnily in$uranc• Trustees, remuneration No expenses have claimed by or re1Mr8ed to Tru51ees in r8SP8cI ol th•r 5erwic8 as Trustees or in relation to the cosl ol m8elings. S. Taxallon charity is exempl Irom coiporation lax as all ils ir0e is charIts? and is applied for charrtable purposes. 6. CommStment8 As al the dale of signing Ihese linala1 slalements he Truslees have no committment to future capital expenditure other than the acquisilK)n ol the nv trKJal acquired in April 2023.
¢otswold Boatmoblllty ¢10 Nots$ to the flnan¢lo1 $tatements For the r ended 31 December 2Q22 Tonglble Flxed Asset$ Boats and equirxneni MobilcKS Total At 22 May 2022 Cost Accumulaied depreciation Nei valuo Iranslerred 10.876 8.876 18.000 28.875 18.8761 20.000 18.000 Depreciation charge for the pwod 11.0001 13.6001 14.6001 At 31 Docomber 2022 15.400 The transfer Irom the pr11 organisation Itded Ihree atacanus. The charity also has the usè ol I1 lurthol Kaiacanus %thi¢h aro on I9 ierm loan from supportèts and a WheolyiY)ai is on Img torm iaon from tho Wh6èlyiy)ai Trust. During Ihtr p6ri0d the tharty aequifyd a Mobiloo Imob'lè ioilèi and washing statK)n lor Ihe disablodl with lunding ITOM thè Barn Trust. Cmdltors . Amounts l•llln¥ du• wllhln an• ywr 2022 An4ly#l8 ol n•t 4#et# b•lween lundi R8stricl8d Funds General luThls Total lund8 Tangible fixed awdets Other current assets 15,4(Kl 15,3(Kl 15,400 15.300 12.516 Net a888ts at 31 December 2022 30.7CKI 12.516 43.216 10. Movements In funds At31 Outgoiro December resources 2022 At 22 May IrornIng resources Restrlcted Funds Mobiloo Fund . earnwood Tnjsl New siie fund- Sirrxjd Aucir Electric boat fund- Kalakanu replacement fund. LwuBSt 18,IXX) 13,6001 14,400 5,000 3,500 13.6001 23,700 General lunds 15.927 8.272 19.516 41227 8.272 18,2B31 43.216
Name ol Organisalion Cotswold Boalmobility CIO AOUntIng Period Start A¢¢ounling P&riod End 31 De¢ember 2022 Goveming Body Trustees Incorporale(l on 13 May 2022 Charity No 1198949 regist&re(l on 22 hAay 2022 Dale Accounts will b8 signe(1 "10712023 Re8pon81t4Itl8s of th8 TYusteg8 ar8 on page 3 Financial Statements are on pag85 6 10 16 Accounting policies are on pag85 8 'ov&men15 in lunds note number 15 iy guarantors al O January 1900 0 uarantors al 31 Decembèr 2022 0 Guarantee Anounl £1 inancial Statements Descriptioii Ilnancl&l actlvltles, blnct $he8t Accounting Legi51alion the Companies Act 2006 Organisation Type charitable Trusl assets lenler TRUE or FALSEI FALSE ment? lenler TRUE or FALSE) FALSE