2021-12-31-accounts

													2021	2020
										Enrestmcted		Restricted	Total	1'otal
								Votes		Funds		Funds	Funds	Funds
Income
Donations, legacies and	subscnptions							17		20,868		11.56-1	32,432	70,997
Investment nicome								17		292			292	563
lncoiuc iroiu heritable	actimties
Maintenance, nnprovement			and regulation			ofihe
Avnn Navigauon								17		82'.864			827,864	869,024
R nt receiv le and other		uicome								I6.242			16,242	19411
Total Income										86(,266		11,564	876,8 0	95999
~Ex cnditure
Ex nditure on .'hantable			Acuvities
Mamten ance, nupmvemer		t and regulation				ofthe
Avon Navtgauott								I		593,564		12,459	606,023	492,881
Support and aovernance	costs							17		152.976			152,976	(71.816
								17		746.54tl		12459	758,999	664,69
										118.726	(	895 )	117831	295,298
Enrealis d gams(loss) on		invesunent								812			812 (	l, l I I	)
Movement in life members			subscnption		fund			12	(	80)			80 )(	170	)
Vet Movement in fun	s	for the sear								119,458	(	895)	118,563	294.017
Reconciliation of funds
Total fund balances brought			forward	at	I )anent) 2021					1.903N50		50,568	I 954,018	1,660.001
Total fund balances carted forward					at	31 December	2021			",022.908		49,673	2,072,581	1,954,018

				2021			2020
							f
	5utes
)Set cash flos from o cretin	activities			54,505			453.006
Cash tiou front iuvevtin activities
Payments to acquue mtanStble ftved assets						14,625 )
Pa)menu to acquire tangible	tived assets	(	Iv6,291			126,283 )
Payntents to acquire mvesunents		(	272)			269 )
Interest received			20			294
Dividends receiv d			272			269
let cash flan front investin	acnvities			156,271	)		140,614 )
met cash flo» from tinancin	activities
Set decrease /increase in cash and cash c uivalents			(	101.766	)		312,392
Cash and cash e uivalents at	31 December s020			584.421			I72 019
Cash and cash c uivalcnts at	31Deceiuber 2021			482,655			c841,421
Cash and cash e uivalents consists of
Cash at bank and m hand				315364			-11.,149
Shoh tenn deposits				167,291			16,272
Cash and cash e uivalents at	31 December 2021			-18',655			584.421

2	Staff costs								2021f	2020
	Wages and salanes								270,427	295,461
	hmplo&er's Hauonal	Insurance							22 524	24,538
	Defined contnbuuon	pension	costs						14.656	14,520
	Redundancy costs paid									38,413
									307.607	372 932
	An allocation oftire	statl'cosh	bi the 'I		rust is as folloivs
	Infrastructure uiiprovements'		uorkboat		ret'urbishments				31,488	27.197
	Admmistration								84,486	102,411
	Relict lock keepers									1.3i&3
	Contract v,ork								67.997	39.363
	Ma&or ivnrks								119.405	174429
	Minor iiorks								4,231	28,229
									30, 607	372 93 I
	The average number	ofeniployees		excludmg		Trusiem	during	the pear v as	%o	i'o
	Admmistration
	Customer service
	Operational
										12

Amount aid to Inde	Amount aid to Inde		endent I'taminer
Independent	Evatnmers		fee					1.5 tkl			1,400
A counts preparation		and AGNI artendance						5,705			5.200
									20&		6,600
										Vfebsite	Tots I
											f
Cost
Additions										14.625	1-1,625
31 December	2021									14,62	14,625
Amortisation
I January 2021										2,925
Charge thr the &car										2,925	2,925
31 December	2021									,850	2,92&
Net Bnok Value
31 December	2021									8,7	11,700
31 Dcccmb	r 2020									11,700	11,700
							&tfachinety	ykorkboats
				Freehold		Infrastructure	and OtTice	and		liotor
				~pro	er	~lm r v m at	~Eui ment	lo	s	Vehicles	Total
					f,					f,
Cost I January 2021				130,708		859,506	508,972	451.002		25 690	1,9,878
Adilitiolis				53,967		47.328	16.759	22.029		16208	156,291
31 December	2021			184,675		906,834	525,731	473.031		41,898	2,132,169
D preciation
I January 2021						84.539	240.337	160.160		16.681	501,717
Charge for the 5 ar						22464	IS,328	9,675		3,532	53,999
31 December	2021					107,003	58,665	169.835		&0,213	555,716
Net Book Value
31December	2021			184675		799 831	26 i 066	303	196	21 685	I (76 453
31 De"ember 2020				130,708		774,96	268,635	290.842		9,009	1,474,161

7	Invcstmeats														2021		2020
															f
	The Fquittes 1mestment		Fund for Chanues				(23 358 Accumulation				Iinnsl
	Cost. f5 800(2020f5.528)
	Marl'ct value at I JanuaD			2021											5.691		6,533
	Dividends rcinimted														272		269
	Hnrealised aint(loss)	on		investment											812		I, I I I
	Mark i value at 31 December 2021														6,775		5 691
8	Debtors
	Trade debtors														11,726		10094s
	Other debtors														11,866		:,426
	Preps&ments nnd accrued			income											74,867		8,420
																	114,791
9	Current Asset Investment
	Short- I'enn Deposits														167.29)		167,272
10	Creditors: mnounts	fallu		8 due within		nne	year
	Trade creditors														5 585		18,909
	Social secunty and other		taxes												8.019		98,754
	Accruals and deferred	mcome													19,58		20.369
	Payments on account														4.",5 7		,5,558
	Other creditor														35D(15		6,623
															112,041		250.213
	I'he amount shoivn as	other creditor'			relates		to an	insurance		clem	for	Fvmham		Lockhouse received m an cartier year			The
	Eiesham Lock House	is bemg renovated				and clianged			into a multi-usc			acrii	ity	centre
11	hlovem eat In Funds														Investment
								At							Gains, '		At
							0I/0	I/2021		Income		~Ex	enditure		~Losses	31/12/2021
	Linrestricted Funds
	Hnreal ised gam ou mvastment								1(i3						812		975
	General Fund						1,900,;37			865.266 (			'746,540		)		2,019,463
							1.900,900			865,266 (			t46,540		1 812		2,020,438
	Resttxcted Funds
	David Hutchings .'vieruonal			Fund				BH77									8,477
	yyh tte 9'ater pro)act									l),564 (				11,564	)
	S)5'WT Extension Prolect Neptune							7.484 34,607				-(		89s	1		,484 33,712
								50	568	11.564 (				12459	)		49,673
	Life members Subscnptinn			Fund /Note		12)		2,550			50 (			630	)		2,470
	Total Funds						1,954018			877380 (			7i9 629		) 812	2,072 581

								2021f				2020
12	Life lylembers Subscri		tion	Fuod
	Balance at I January 2021							2,550				2. 20
	Subscnpuan» received							5»Q				4.0
	Charge for the year						(	630	i		i	620	i
	Balance at.31 December		2021					2,470				2,550
13	Anal sis ofNet Assets	between			Funds
								Life Sdembers		Other
						R«stitcted		Subscription		I'nrestricted
							Funds	Fuad		Funds		Total
							f					f
	Intanfpble fixed assets									8, ,'75		8,775
	Tangible ftxmt assets						33.712			1,542,741		1.576:153
	Investments									6,775		6, 75
	Current asses						15,96 i	2.470		574,188		592,619
	Current liabilities							-	(	112.041	)(	112,041	)
							49,673	24 0		2,0211,438		2.072,»81
14	Reconciliation ofnet movement				m funds to net cash fio» from o	rattn	activities
								2021				2020
								f,				f
	Nct niovcincni m fund&							118, ti3				294,017
	Dividends received							27l	)			269	I
	Interest received							»Q	)			294	)
	Amottisattan ofmtangtblc		tixed		assets			2,925				'2,925
	Depremauon oftangible	fixed		assets				3,999				49,836
	(Profit) loss on mvestments							812	)			I,I I I
	Decrease/(Increase) m stock Decrease/(mcrease) in debtors							1,962 16,332				1,729 ) 274 0)
	(Decrease)/mcreme in creditors							138.172	)			134,8 9
	Vet cash flaxv fram operatmg			activities				54,505				4x3,006

							L nrestricted	Restricted	Total
							Funds	Funds	funds
							f	f
Inconie
Donauons, legacies and subschptions							70,997		.0,997
lnvesrment mcome							563		563
Incr me from chahtable activities
'vlmntenance, unprovement and re	ulauon of th.			Avon Navigation			869,024		869,02-1
Rent receivable and other mcome							19,411		19,411
Total Income							959,995		959.995
~Ec cnditure
n i re n heritable Actiiiues
Mamtenance, improvement and regulation ofthe				Avon I'air	ation		491 986	895	492.881
Suppoh and governance costs							171,816		171,816
							663.802	895	664.697
t loc nie for the ear							296.193 (	895 )	29',298
Linrealised (loss)/gain on mvestment						(	l, I I I )	- (	l,ill )
Moiement. m life merubers subscnption			fuiid				170 )	- (	170)
Net l&iovement in funds for the	ear						294,912 (	895 )	294,017
Reconciliation of funds
Total fund balances brought foivvard		at	I Januuy	2020			1,608.538	51,463	1,660,001
Total fund glances carried forward			at 31December 2020				1,903,450	50.568	I 954 018

VOTES TO ZOIE PIV	VOTES TO ZOIE PIV	VOTES TO ZOIE PIV	VOTES TO ZOIE PIV	4'(CIAL SfA'fEVIE	4'(CIAL SfA'fEVIE	4'(CIAL SfA'fEVIE	4'(CIAL SfA'fEVIE	4'(CIAL SfA'fEVIE	ITS
f	Ih tc3 St					2021		t	d
													2021						25120
										Cha	treble					Cbammble
										4th	ties		52100		T t	~4			Qrh
	Dooct o ts, Ieger ~bsc pt 9 Toll IR mt t	*«8 f			L	d				"642 4o, 92			4	90	32,4 445,392	3' 413 39o991			38 (SJ			0 997 (99,991
	Moutht'									19655					19,665	20 614						21I,614
	6'e m OR	srT									400				JGG		4GO						400
	C I acts«k E h H d									'(5,881			8,	97 " teak	3&5 SSI (92 5,526 8,53	44,189 &,S30			I	&6& EJO I		44E 189 55& &,830 I 401
	Sal oft ng	d		d	th	m	*						E"10		7, lo					"01(1			010
										855,506			I,	2t	8 6,83&	901,43			58-' 8			95 1'lu(
	~EO t												2021						2	20
										fh	tbl	G	ppo	acc		Ch»	ltable	G	ppo *		td
																~4h	h		~r
											f
	((ages 4 s I									191 6' I			84,486		'- 6.119	217,8 6			9,446			&07.322
	R*d d																9,448			8,965		3!l413
	Mcmtensm ccon.			5	t					I(B 119					f58,119		75						5
	Cost oft tg~ P op n managonc Ih c tpl anm			t	dm et						,'9" 0, 78				3,2 14 I S9(	, 96 If 336				' I	128 116	441 E I28 I 296 16 4(2
	Elcctnc 0 tu(d gas Veb le a Ghost									I 1,8 I I 8,344					II,8I I 38, 44		.06& , I						,065 "- 15(
										(G 934					&6,9 4	5E 61							61
	Go aaoe mats			Aceountm O			ha	g"					E20		7,205					1	GOO		5,500
	R at oft d													0	330								I
	Telephone and postage												16	7 19	16 5 ( 12,719				14 15		016 65	14016 15,55(
	B k charges													,061	7,061					E260			5,'6tl
	Computer e(perte			s									B,S5(		8,855					9,09J			9 094
	9 ~ter sad wast		coomto								19.				19,712		E945						7,945
													5,599		5,&99					4,	9		4 339
	P t mo al harg» II Ith a d mfeo			aod	ubscttptton						17,473 4,IOB		E9 &		17,4 3 8,037		5,414 9,902			3	8"& 9'	13.289 13 82'7
	StalTtrat tg Bad dcbrs									'133 9					0 931 9		4911 870						4,311
	Voluateersc pc		w								1,46				I 465		o,455						t 455
										606.0			152	9 I	75S,999	489 60S			I'7		089	66J 597

V I N 4'Vl	I N TRI'ST	I N TRI'ST	I N TRI'ST
NO'I ESTO THE REVE)L		E	ACCOLN'I
f th 31 rDc				021		t	e
											~20I			2020
														f
-D atom			Om		ts				lo
Oo don Cra& T														10,000
gsp e Bus)ness Orumd)otk Li -	fmco pl'										1,000 1.000
P h re island-D	bm blot&date													I,OIIO
Wlute ti'at* - W	I 4 on I) so		orC		a	d					11,564
g Gco gcs I Hd )Ioonngs Iob kct«nuo Sch me Scant		-	P	shore		Tou,		Cou			13, 9			00 .'IB)5
Vhsccgaaeous do	t and	sub"			pn						5,089			7 46
														0 99
Nrg-To'hd		f
	HC ag									1,329	8 896 318,404	I,')0		"35li ZS,9ilg
ShonT»										I,S 6	49,092	I	I 8	34,725
										&1)5	4-16,392		,432	99,991
5f~i~m~r)ISOOH
esl rc e«'d											20 2"			94 Zt9
-R tlmmi
9 I k Cottage Stre) lta I -kH	s										840 ,692			4, 09 69
											8 5)			I 101
NtE-'Cr'I
»ork (u- Costs of oana t	I I d ces	a»gate				nnk	I				1,01' 10,841			20, 113 74,970
Bu Id» g p md deco aoo ht o k tons											3,898 Ic 367			5 018 12t74
											158,119			112 77
t ~gdf bn