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||Page|
|---|---|
|CompanyIfiformation|I|
|TrustCommittee Report|2-3|
|Consolidated BalanceSheet|4|
|ConsolidatedStaternentofFinanci alActivities|5|
|NotestotheAccounts|6-7|
|Montgomery WaterwayRestoration Trust:||
|BalanceSheet|8|
|Statementof FinancialActivities|9|
|FriendsoftheMontgomeryCanal:||
|BalanceSheet|10|
|Statementof FinancialActivities|11|
|TheMontgomery Triathlon:||
|StatementofFinancialActivities|t2|
|Independent Examiner'sReport|13|





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|||CONSOLIDATED||
|---|---|---|---|
|BALANCE|SHEET AS<br>Note|AT 31stOCTOBER 2023<br>2023|2022|
|q||E|g|
|FixedAssets<br>Land and Buildings<br>TangibleFixed Assets|3<br>4|<br>107<br> <br>2,878|107<br>3,364|
|Current Assets:||||
|Stock andworkinprogress||||
|Debtors and Prepayments||||
|BalancesatBank||||
|Cash inhand||||
|Current Liabilities:||||
|Creditors:||||
|Amounts falling due within||||
|one year||||
|Net Current Assets||1,255,116|1,135,315|
|Creditors:||||
|Amounts falling due after oneyear||-339,225|-343,625|
|TotalNetAssets||fe18-3re"|f795,161|
|Represented by:||||
|Restricted Funds||863,078|759,291|
|Unrestricted Funds||55,798|35,870|
|||f918,876|f795,161|
|Directors Statements on unaudited|Accounts|||





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|STATEMENTOF FINANCIAL AGTIVITIES FO|R THEYEARENDED31st OCTOBER2|R THEYEARENDED31st OCTOBER2|023|
|---|---|---|---|
|lncomingResources|UnrestrictedRestricted2023<br>Funds Funds Total<br>EEgg||2022<br>Total|
|Voluntary lncome<br>Membership subscriptions|2,523|-<br>2,523|2,699|
|Donations<br>Gift Aid-lnland Revenue|13,458<br>2,276|126,988140,456281,284<br>10,74813,02421,332||
|lncomingResourcesfromCharitable Activities<br>andFundraising|9,898|-<br>8,898|20,229|
|Other lncome<br>Bank interest|7,950|-<br>7,950|<br>320|
|Total lncomingResources|35,105||325,864|
|ResourcesExpended||||
|Costs of generatingfunds<br>Goodsforsale|18|-18|312|
|Charitable expenditure<br>Publicity<br>Support costs|1,757<br>5,839|5,8087,565<br>35,70441,543|5,296<br>45,436|
|Total ResourcesExpended|7,614|$-'<br>41,51|51,044|
|NetIncomingResources|27,491|96,244123,715|274,820|
|Total Funds boughtfonrard|35,870|759,291795,161|520,341|
|Total Funds carried fonuard||f795,161||





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|sformingpartof the ConsolidatedFinancial Statements|for theyearto31st|October2023.|
|---|---|---|
|4(cont)q<br>Cost|||
|||€|
|At1st November2022||11,794|
|Additions|||
|At31st October 2023||11,794|
|Depreciation|||
|At1st November 2022||8,430|
|Charge for the year||486|
|At31st October 2023||--T,F15-|
|Net Book Value|||
|At31st October 2023||2,879|
|At 31stOclober2022||3,364|
|5 Stockandworkin progress|2023|2022|
||€|€|
|Stocks of promotional goodsforresale||I|
|Workin progress: Schoolhouse Bridge|s20,46;|179,306|
||820,460|179,315|
|6 Debtors|2023<br>f|2022<br>€|
|Shropshire Councill Performance Deposit|123,645||
|TaxRecoverable|46,391|27,4A;|
|GiftAidrecoverable|10,669|18,555|
|Accruedincome and prepayments|1,394|952|
||182,098|46,909|
||2023|2022|
|7 Creditors: amountsfallingduewithinone year|€|€|
|Other creditors and accrued charges|TET66'|159,963|
||2023|2422|
||€|€|
|8 Creditors: amountsfallingdue after oneyear.|||
|Loan interestfreeand with no repayment date|339,225|_u3,6%|
|IRestrictedfunds|||





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|BALANCESHEET ASAT 31st|OCTOBER 2023|||
|---|---|---|---|
||2023||2022|
|FixedAssets:<br>Equipment<br>Cost<br>Depreciation<br>Net Book Value<br>lnvestment<br>Montgomery Canal ReconstructionLtd<br>100 E1Shares<br>Loan|€<br>960,500|€E;<br>|<br>-zstl<br>t_l.;l<br>|+ao,+ool<br>486,500||
|CurrentAssets||||
|Debtors|11,380||18,513|
|Bank balances|390,441||725,255|
||401,821||743,768|
|Creditors:||||
|Amount falling within oneyear.|-1011||-261|
|Montgomery Canal ReconstructionLtd|||-973|
||-1,011||-1,234|
|NetGurrentAssets|810||742,534|
|Creditors:||||
|Amount falling due after oneyear|-339,225||-343,625|
|TotalNetAssets|t|Ta.8s-/ot||
|Represented by:||||
|Restricted Funds|983,9'10||866,311|
|Unrestricted Funds|38,175||19,098|
||_t1,022,085|_t885,409_||





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||STATEMENTOF FINANCIALACTIVIT|IESFOR THEYEARENDED31|IESFOR THEYEARENDED31|st O|CTOBER20|23||
|---|---|---|---|---|---|---|---|
|||UnrestrictedRestricted<br>Funds<br>Funds|||2023<br>Total||2022<br>Total|
|lncoming|Resources|€f|||€||f,|
|Voluntary lncome<br>Donationsa||13,242|126,988||140,230||280,996|
|Gift Aid||1871|10,748||12,619||20,904|
|Charitable|ActivitiesandFundraising|||||||
||Sundry lncome|152|||152||156|
|Otherlncome:||||||||
||Bank lnterest|6889<br>wffi|<br>-||6,889<br>142<br>Tffim--drc-|||
|ResourcesExpended||||||||
|Charitable|Expenditure|||||||
||Publicity|||||||
||Promotional Materials||5,808||5,808||3,707|
||Support Costs<br>Bank Charges<br>Commission<br>General Expenses<br>lnsurance<br>Professionalfees<br>Restoration Expenses<br>Subscriptions||E<br>25,329||<br>164.l-Ltu\<br>I<br>+rolI<br>so+l<br>I<br>s+zlI<br>1.22s1<br>GH<br>28,406<br>6,595||||
|||_3,071_|ffi|@||||
|Netlncoming (Outgoing)Resources||19,077|106,599||125,676||291,896|
|Totalfundsboughtfonrard||19,098|866,31'l||885,409||588,013|
|TransferfromFriends of the MontgomeryCanal||||||||
|Triathlon|||4,500||4,500||2,000|
|Friends|||6,500||6,500||3,500|
|Totalfundscarriedfonrard||[38,175|t983,910|t||T€85-Zo-5'||



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||BALANCESHEET ASAT 31stOCTOBER|2023||
|---|---|---|---|
|||2023|2022|
|||f|€|
|FixedAssets: Equipment||||
|Cost:<br>Depreciation||8,455<br>-7,585|8,455<br>-7,480|
|Net Book Value||870|975|
|CurrentAssets:||||
|Stock||||
|Debtors & Prepayments||||
|Bank balances||||
|Cash in Hand<br>Current Liabilities:<br>Creditors:Amount|falling due within oneyear|EH||
|Net Current Assets||16,753|20,295|
|TotalNetAssets||tt||
|Represented by:||||
|Restricted Funds:- Friends|||4,500|
||Triathlon|||
|Unrestricted Funds:- Friends<br>l-riathlon||14,366<br>3,257|12,802<br>3,968|
|||_f17,623__f21,2?0||





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|STATEMENTOF FINANCIAL AGTIVITIES FOR THE|YEARENDED31st OCTOBER2023|YEARENDED31st OCTOBER2023|YEARENDED31st OCTOBER2023|YEARENDED31st OCTOBER2023|YEARENDED31st OCTOBER2023||
|---|---|---|---|---|---|---|
|lncomingResources|UnrestrictedRestricted2023<br>Funds FundsTotal|||||2022<br>Total|
|||tt€||||€|
|MembershipSubscriptions+||2,523||-|2,523|2,699|
|Donations||216||-|216|288|
|Gift Aid||405||-|405|428|
|Charitable Activities and Fundraising:<br>Canoehire<br>Sales of Merchandise<br>Raffle|ruEET||||||
|||1,913|||||
|||5,057||-|5,0575,121||
|Resources Expended|||||||
|Cost ofgeneratingfunds:|||||||
|Goodsforresale||18|||18|312|
|Charitable expenditure:<br>Publicity<br>Promotional materials<br>Newsletter|E;lt]tGG<br>1,187<br>1j92<br>1,187||||||
|Support Costs<br>Bank Charges<br>Commission<br>General expenses<br>lnsurance<br>RepairstoEquipment<br>Subscriptions<br>Depreciation|t<br>76.l<br>I<br>ztl<br>I<br>unl<br>t_t<br>I<br>.ol<br>I<br>.ul||E||||
|||288|||288|1,033|
||=||||||
|NetlncomingResources<br>Totalfundsbroughtforuvard||--7;6w<br>3,564<br>12,8024,500|||3,5642,584<br>17,30218,218||
|TransferredtoMontgomery Waterway Restoration<br>ForSchoolhouse Bridge|Trust|-2,000||-4,500|-6,500-1,000||
|Transfer tofundMid-WalesGrowthDeal|||||||
|Economic lmpacts Study|||||-|-2,500|
|Totalfundscarried forward||t14,366||_814,366__f17,302_|||





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|STATEMENT OFFINANCIALACTIVITIESFOR THE|YEARENDED31st|OCTOBER|2023||
|---|---|---|---|---|
||||2023|2022|
||UnrestrictedRestricted<br>FundsFunds||Total|Total|
||f€f|||€|
|lncomingResources|||||
|Donations|||||
|CharitableActivities&Fundraising|||||
|Triathlon entries|||||
|Totallncoming Resouces|6,833J||6,833|<br>4,506|
|ResourcesExpanded|||||
|Gharitableexpenditure<br>Publicity:<br>Promotional materials<br>Medallions|E;IEtGG<br>570<br>-<br>570<br>397||||
|Support costs|||||
|Bank Charges|||||
|Commission<br>General expenses<br>Hire of equipment<br>Catering<br>Depreciation|ffiEffiG<br>2,474<br>2,067<br>3,044<br>2,464||||
|NetlncomingResources|3,789|-|3,789|2,042|
|Totalfundsbought forutard<br>TransfertoMontgomery Watenivay RestorationTrust<br>Totalfundscarriedfonrvard|-4,500<br>@-@<br>3,968|-<br>-|-4,500<br>3,968<br>3,926<br>-2,000<br>-i,96-E||





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