HEREFORDSHIRE AND GLOUCESTERSHIRE CANAL TRUST LIMITED
Registered charity 1010721 · accounts filings on the Charity Commission register
The trust's vision is of a sustainable, fully navigable waterway, with towpaths, reconnecting the rural communities between the cities of Hereford and Gloucester to bring environmental and economic benefits to both counties as well as recreational opportunities for local people and visitors alike.
Causes: Environment/conservation/heritage · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the charity recorded a surplus of £85,500 for the year, with unrestricted funds increasing to £942,253. The trustees report that bank debt continues to be repaid, with the long-term loan reduced to £101,336, and the overall financial position is described as strengthening. The charity maintains a reserves policy target of covering 12 months of normal operating costs.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: 12 months of normal operating costs (held: £942k)
“The charity aims to hold funds that are to cover the normal operating costs for 12 months.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Intercompany loan from subsidiary The Wharf House Co Ltd
“As detailed in note 15 at 31 December 2024 the charity is owed £525,674 (2023 - £566,494) from The Wharf House Company Limited as an intercompany loan. The full value of the loan is £625,674 less a provision of £100,000 considered irrecoverable. In the period the Trust did not charge interest on the loan (2023 - Nil) H&G CT Ltd owns The Wharf House (TWH) Co Ltd which takes responsibility for repaying loans for purchase of Malswick House.” — page 23
Per its FY2024 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.
Property (HM Land Registry)
16 registered titlesin England and Wales held by the charity’s company or corporate body (16 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Public profiles (found on the charity’s own website): facebook · instagram
- Anthony Richard Higgins
- Dr Roger Morgan
- Edward John Helps
- Philip Marshall
- RALPH BARBER
- Robert Moreland
- Robert Quentin Hargreaves
Trustee list from the Charity Commission register (current, not historical).
Operates in: Gloucestershire · Herefordshire
Income and spending
Common questions
Is HEREFORDSHIRE AND GLOUCESTERSHIRE CANAL TRUST LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity recorded a surplus of £85,500 for the year, with unrestricted funds increasing to £942,253. The trustees report that bank debt continues to be repaid, with the long-term loan reduced to £101,336, and the overall financial position is described as strengthening. The charity maintains a reserves policy target of covering 12 months of normal operating costs. Its FY2024 accounts were independently examined.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
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Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with THE CHESTERFIELD CANAL TRUST LIMITED.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.