TRUMAN ENTERPRISE NARROWBOAT TRUST
Provide and operate narrowboats for youth, community and family groups including disabled, disadvantaged and elderly groups.
Financial health, per its FY2025 accounts
The accounts state that the Trust was in a healthy financial position with a surplus of £25,024.60 for the year. Total funds held at year-end were £75,408.98, which exceeds the reserves policy target of 30% of operating costs (calculated at approximately £4,389).
What the accounts disclose
“a general reserve fund equivalent to at least 30% of the charity's operating costs should be maintained.”
Funders the charity credits
- The Douglas Turner Trust
- The Bernard Sunley Charitable Foundation
- The Duke of Devonshire's Charitable Trust
Trustees
- CHRISTOPHER ROGERSchair
- ADRIAN JOHN JORDAN
- DAVID FRANCIS DUNHAM
- David Albert Leaper
- MICHAEL ANTHONY REINER CLARK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £40k | £15k |
| 31/03/2024 | £18k | £15k |
| 31/03/2023 | £12k | £10k |
| 31/03/2022 | £6k | £7k |
| 31/03/2021 | £4k | £6k |
Common questions
Is TRUMAN ENTERPRISE NARROWBOAT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust was in a healthy financial position with a surplus of £25,024.60 for the year. Total funds held at year-end were £75,408.98, which exceeds the reserves policy target of 30% of operating costs (calculated at approximately £4,389). Its FY2025 accounts were independently examined.
Who funds TRUMAN ENTERPRISE NARROWBOAT TRUST?
Funders whose own accounts filings name TRUMAN ENTERPRISE NARROWBOAT TRUST as a grant recipient include THE GEOFF & FIONA SQUIRE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE GEOFF & FIONA SQUIRE FOUNDATION | FY2025 | £5k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 02/02/2024 | £3k | 2024 community boat improvements |
| The National Lottery Community Fund | 01/04/2022 | £5k | Community narrowboat 'Enterprise' hull maintenance |
| The National Lottery Community Fund | 20/12/2018 | £5k | Winter work on 'Walsall Enterprise' community narrowboat |
| The National Lottery Community Fund | 04/01/2017 | £10k | Hull repairs to 'Walsall Enterprise' community narrowboat |
| The National Lottery Community Fund | 14/06/2012 | £10k | Refurbishing the 'Walsall Enterprise' narrowboat. Phase 2 |
| The National Lottery Community Fund | 18/03/2010 | £7k | ALL ABOARD Access to waterway trips for everyone |