THE DERBY AND SANDIACRE CANAL TRUST LIMITED
To work with the local community to restore the former Derby Canal as a navigable waterway from Sandiacre to Swarkestone via Derby as close as possible to the original route, creating a cruising ring and reconnecting Derby to the national canal network maximising the sustainable economic, job creation, environmental, nature conservancy, leisure, heritage and educational benefits for all.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £47,883 for the year ended 31 March 2025, with total unrestricted funds increasing to £347,331. The trustees confirmed the charity is a going concern with adequate resources for the foreseeable future, although they noted risks regarding potential interruptions to the Derby Riverboat service due to adjacent flood management wall construction.
What the accounts disclose
“The Trustees have reviewed the position and are comfortable that a general reserve of cash of around £30,000 is sufficient to deal with unforeseen events”
Property (HM Land Registry)
Trustees
- CHRISTOPHER WILLIAM JOHN MADGE
- Christopher ReesFitzpatrick
- Christopher Richardson
- Mike Wingfield
- Mike Wingfield
- PAUL NICHOLAS HORTON-TURNER
- Robert MICHAEL SNAITH
- William David Savidge
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £98k | £48k |
| 31/03/2024 | £140k | £113k |
| 31/03/2023 | £75k | £99k |
| 31/03/2022 | £336k | £163k |
| 31/03/2021 | £355k | £234k |
Common questions
Is THE DERBY AND SANDIACRE CANAL TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income of £47,883 for the year ended 31 March 2025, with total unrestricted funds increasing to £347,331. The trustees confirmed the charity is a going concern with adequate resources for the foreseeable future, although they noted risks regarding potential interruptions to the Derby Riverboat service due to adjacent flood management wall construction. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 06/09/2004 | £28k | "Swarkestone Canal Restoration" |