HEREFORDSHIRE AND GLOUCESTERSHIRE CANAL TRUST LIMITED
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.
Objects
TO TAKE OVER THE ASSETS AND LIABILITIES OF THE HEREFORDSHIRE AND GLOUCESTERSHIRE CANAL SOCIETY AND TO ENTER INTO SUCH AGREEMENTS AND TO TAKE ALL SUCH STEPS AS MAY BE NECESSARY FOR THAT PURPOSE.TO PPROMOTE THE RESTORATION TO GOOD AND NAVIGABLE ORDER OF AS MUCH AS IS CONSIDERED POSSIBLE OF THE HEREFORDSHIRE AND GLOUCESTERSHIRE CANAL (HEREINAFTER TOGETHER CALLED THE WATERWAY) AND TO MAINTAIN AND IMPROVE THE WATERWAY FOR THE USE AND BENEFIT OF THE PUBLIC.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds stood at £944,924 against a reserves policy target of retaining funds for six months' operation. The charity reported a total surplus of £24,569 for the year, with bank debt continuing to be repaid, indicating a stable financial position.
What the accounts disclose
“Reserves policy is as defined in our finance policy at retaining funds for six months’ operation” — page 8
“As detailed in note 15 at 31 December 2025 the charity is owed £490,302 (2024 - £525,674) from The Wharf House Company Limited as an intercompany loan. The full value of the loan is £590,302 less a provision of £100,000 considered irrecoverable. In the period the Trust did not charge interest on the loan (2024 - Nil) H&G CT Ltd owns The Wharf House (TWH) Co Ltd which takes responsibility for repaying loans for purchase of Malswick House.” — page 24
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Trustees
- Anthony Richard Higgins
- Dr Roger Morgan
- Edward John Helps
- Philip Marshall
- RALPH BARBER
- Robert Moreland
- Robert Quentin Hargreaves
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £151k | £126k |
| 31/12/2024 | £195k | £109k |
| 31/12/2023 | £153k | £105k |
| 31/12/2022 | £146k | £112k |
| 31/12/2021 | £105k | £89k |
Common questions
Is HEREFORDSHIRE AND GLOUCESTERSHIRE CANAL TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds stood at £944,924 against a reserves policy target of retaining funds for six months' operation. The charity reported a total surplus of £24,569 for the year, with bank debt continuing to be repaid, indicating a stable financial position. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 20/08/2014 | £6k | Provision of facilities and subsequent promotion of walking and cyclin |
| The National Lottery Heritage Fund | 16/10/2002 | £50k | "Wharf House Interpretation Centre-Phase 1 of The Leadon Valley Project" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JOHN R. MURRAY CHARITABLE TRUST | 2 | £688k |
| M J CAMP CHARITABLE FOUNDATION | 2 | £521k |
| GREENHAM TRUST LTD | 1 | £1.9m |
| THIRTY PERCY FOUNDATION | 1 | £199k |
| KUSUMA TRUST UK | 1 | £150k |
| COMMUNITY FOUNDATION FOR WAKEFIELD | 1 | £10k |
| THE WILLIAM ALLEN YOUNG CHARITABLE TRUST | 1 | £9k |
| BNA CHARITABLE INCORPORATED ORGANISATION | 1 | £5k |
Charities like this
- THE CHESTERFIELD CANAL TRUST LIMITED
- THE WEY AND ARUN CANAL TRUST LIMITED
- THE KENNET AND AVON CANAL TRUST, LIMITED
- MONMOUTHSHIRE, BRECON AND ABERGAVENNY CANALS TRUST LIMITED
- COTSWOLD LAKES TRUST
- CANAL & RIVER TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HEREFORDSHIRE AND GLOUCESTERSHIRE CANAL TRUST LIMITED | £151k | — | 0 | unclear | — | no doubt |
| THE CHESTERFIELD CANAL TRUST LIMITED | £1.0m | — | 0 | above | — | no doubt |
| THE WEY AND ARUN CANAL TRUST LIMITED | £816k | — | 0 | above | — | no doubt |
| THE KENNET AND AVON CANAL TRUST, LIMITED | £481k | — | 0 | unclear | — | no doubt |
| MONMOUTHSHIRE, BRECON AND ABERGAVENNY CANALS TRUST LIMITED | £148k | — | 0 | unclear | — | no doubt |
| COTSWOLD LAKES TRUST | £582k | — | 0 | unclear | — | noted |