2021-10-31-accounts

			~Pa e
Company Information
Trust Committee Report			2-3
Consolidated Balance Sheet
Consolidated Statement ofFinancial		Activities
Notes to the Accounts			6-7
Montgomery Waterway Restoration		Trust:
Balance Sheet
Statement ofFinancial	Activities
Friends ofthe Montgomery Canal:
Balance Sheet			10
Statement ofFinancial	Activities		ll
The Montgomery Triathlon:
Balance Sheet			12
Statement ofFinancial	Activities		13
Independent Examiner's Report			14

					CONSOLIDATED
			SALANCE	SHEET AS AT 31stOCTOBER		2021
			Note		2021	2020
					E	g
Fixed Assets
Tangible	Fixed Assets			3	4055	4,286
Current Assets:
Stock and	work in progress				37,635	35,884
Debtors and Prepayments					4,865	10,875
Balances	at Sank				475,889	376,888
Cashin hand					37	39
					518,426	423,686
Current Liabilities:
Creditors:
Amounts	falling due within
one year					-2,140	-11,267
Net Current Assets					516,286	412,419
Total Net	Assets				8520,341	6416,705
Represented by:
Restricted	Funds			7	505,196	396,778
Unrestricted Funds					15,145	19,927
					6520,341	6416,705
Directors	Statements	on	unaudited	Accounts

			Unrestricted	Restricted	2021	2020
			Funds	Funds	Total	Total
			8		L'	8
Incofrl log Reeoui'oss
Voluntary Income
Membership subscriplions			2,305		2,305	1,871
Donations			560	147,941	148,501	180,709
Gift Aid - Inland	Revenue		407	2,820	3,227	9,062
Incoming Resources from Chaniable		Activities
and Fundraising			6,318		6,318	1,512
Other Income
Bank interest			20	9	29	276
Total Incoming Resources			9,610	150,770	160,380	193,430
Resources Expended
Costs ofgenerating funds
Goods for sale			110		110	101
Charitable expenditure
Publicity			1,759		1,759	1,405
Support costs			5,023	49,852	54,875	17,071
Total Resources Expended			6,892	49,852	56,744	18,577
lect Incoming Resources			2,718	100,918	103,636	174,853
Total Funds bought forward			19,927	396,778	416,705	241,852
Transfer to Restricted Funds			-7,500	7,500
Total Funds carried forward			f15,145	f505,196	6520,341	5416,705

3	(cont)
	Cost
						E
	At 1st November	2020				11.312
	Additions					482
	At 31stOctober 2021					11,794
	Depreciation
	At 1st November	2020				7,026
	Charge for the year					713
	At 31stOctober 2021					7,739
	Net Book Value
	At 31stOctober 2021					4,055
	At 31stOctober 2020					4,286
4	Stock and work	in progress			2D21	2020
					E
	Stacks of promotional		goods for	resale	110	72
	Work in progress: Schoolhouse			Bridge	37,525	35,812
					37,635	35.884
5	Debtors				2021	202D
					E	E
	Tax Recoverable					1,726
	Gift Aid recoverable				2,670	8,622
	Accrued income	and	prepayments		2,195	527
					4,865	10,875
					2021	2020
6	Creditors: amounts		faliing due	within one year	E	E
	Tax				1,476
	Other creditors				664	8,030
	Accruals					3,237
					2,140	11,267

	BALANC	E SHEETAS AT 31stO	CTOBER 2021
			2021	2020
			E	8
Fixed Assets:
Equipment
Cost			257	257
Depreciation			-257	-257
Net Book Value
Investment
Montgomery	Canal Reconstruction	Ltd
100E1 Shares			100	100
Loan			411,400	79,400
			411,500	79,500
Current Assets
Debtors			3,087	8,441
MonLqomery Canal Triathlon
Bank balances			172,824	350,340
			176,605	358,781
Creditors:
Amount falling	within one year.		-92	-122
Montgomery Canal Reconstruction		Ltd		-1,188
			-92	-1,310
Net Current Assets			176,513	357,471
Total Net Assets			F588,013	L436,971
Represented	by:
Restricted Funds			588,012	436,094
Unrestricted Funds			1	877
			E588,013	2436,971

					Unrestricted	Restricted	2021	2020
					Funds	Funds	Total	Total
Incoming	Resources
Voluntary	Income
	Donations					147,941	147,941	179,074
Gift Aid						2,820	2,820	8,550
Charitable	Activities	and Fundraising
	Sundry Income				63		63	117
Other Income:
	Bank Interest				20		20	276
					83	150,761	150,844	188,017
Resources Expended
Charitable	Expenditure
	Publicity
		Promotional	Materials
	Support Costs
		Commission				139	139	184
		General Expenses			302		302	172
		Insurance			1,297	684	1,981	1,092
		Professional	fees			500	500	16
		Restoration	Expenses			2,520	2,520	1,200
		Subscriptions					54	146
					1,653	3,843	5,496	2,810
					1,653	3,843	5,496	2,838
Net Incoming (Outgoing) Resources					-1,570	146,918	145,348	185,179
Total funds bought		forward			877	436,094	436,971	249,787
Transfer	from Friends ofthe Montgomery			Canal
Triathlon					694		694	1,005
Other						5,000	5,000	1,000
Total funds carried		forward				F588,012	6588,013	6436,971

	BALANCE S	HEET AS AT 31st OCTOBER	2021
			2021	2020
			f	f
Fixed Assets: Equipment
Cost:			8,267	8,267
Depreciation			-7,075	-6,651
Net Book Value			1,192	1,616
Current Assets:
Stock			110	23
Debtors 8 Prepayments			683	596
Bank balances			16,275	'I8,267
Cash in Hand			37	39
			17,105	18,925
Current Liabilities:
Creditors: Amount	falling due within	one year	-20
Montgomery Canal	Reconstruction	Ltd	-59
			-79
Net Current Assets			17,026	18,914
Total Net Assets			f18,218	f20,530
Represented by:
Restricted Funds			7,000	4,500
Unrestricted Funds			11,218	16,030
			f18,218	f20,530

STATEMENT OF FINANCIAL	STATEMENT OF FINANCIAL	STATEMENT OF FINANCIAL	ACTIV	ITI	ES FOR THE	YEAR ENDED 3	1st OCTOBE	R 2021
Incoming Resources						Unrestricted	Restricted	2021	2020
						Funds	Funds	Total	Total
						E		8	8
Membership		Subscriptions				2,305		2,305	1,871
Donations						506		506	630
Gift Aid						407		407	512
Charitable	Activities and Fundraising
		Canoe hire				1,410		1,410	1,022
		Sales ofMerchandise				690		690	9
		Sundry income							127
						2,100		2,100	1,158
						5,318		5,318	4,171
Resources		Expended
Cost ofgenerating funds:
		Goods for resale				110
Charitable	expenditure:
Publicity
		Promotional materials
		hiewsletter				1,251	-	1,251	1,179
						1,288		1,288	1.179
Support Costs
		Commission				19		19
		General expenses				297		297	1,019
		Insurance				467		467	499
		Subscriptions				25		25	25
		Depreciation				424		424	474
						1,232		1,232	2,017
						2,630		2,630	3,196
Net Incoming Resources						2,688		2,688	975
Total funds brought forward						16,030	4,500	20,530	20,555
Transferred		to Montgomery	Waterway		Restoration	Trust
For Schoolhouse Bridge						-5,000		-5,000	-1,000
Transfer to fund Mid-Wales			Growth	Deal
Economic Impacts Study						-2,500	2,500
Total funds carried forward						811L218	87,000	818,218	820,530

									2021	2020
							Unrestricted	Restricted
							Funds f	Funds f	Total f	Totalf
Incoming	Resources
Donations							54		54	1,005
Charitable		Activities	&Fundralsing
Triathlon	entries						3,315		3,315
Canoe hire							840		84D
							4,155		4,155
Total Incoming Resouces							4,209		4,209	1,005
Resources		Expanded
Charitable		expenditure
Publicity:
		Promotional		materials			113	—	113	198
		Medalllons
							471		471	198
Supportccsts
	General expenses						289		289
		Hire ofequipment					1,810		1,810
	Catenng						2D		2D
		Depreciation					19		19	19
							2,138		2,138	30
							2,609		2,609	228
Net Incoming Resources							1,600		1,600	777
Total funds bought forward							3,020		3,020	3,248
Transfer to Montgomery Waterway Total funds carried forward					Restoration	Trust	-694 f3,926		-694 f3,926	-1,005 f3,020