THE WOODEN CANAL BOAT SOCIETY LIMITED
Helping people experiencing loneliness and social exclusion by providing volunteering and employment opportunities through the preservation of historic wooden canal boats, boat recycling trips and a charity shop. Offering wellbeing breaks for disadvantaged people and those with depression or mental illness. Preserving traditional boat building skills and the heritage surrounding these boats.
Financial health, per its FY2024 accounts
The accounts state that the charity reported an operating deficit of £9,968 for the year ended 31 December 2024, with total income of £49,980 against expenses of £59,948. Despite the deficit, the trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Free unrestricted reserves stood at £96,324, which is significantly above the stated policy target of approximately £13,800 (three months of unrestricted expenditure).
What the accounts disclose
“The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure, currently E 13,800.” — page 5
Trustees
- Carl Rowland
- Christine Day
- David Latham
- Helen Julia Sherry
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £50k | £60k |
| 31/12/2023 | £77k | £66k |
| 31/12/2022 | £68k | £65k |
| 31/12/2021 | £77k | £19k |
| 31/12/2020 | £52k | £12k |
Common questions
Is THE WOODEN CANAL BOAT SOCIETY LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported an operating deficit of £9,968 for the year ended 31 December 2024, with total income of £49,980 against expenses of £59,948. Despite the deficit, the trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Free unrestricted reserves stood at £96,324, which is significantly above the stated policy target of approximately £13,800 (three months of unrestricted expenditure). Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 24/11/2006 | £10k | "This Charity Preserves And Maintains Wooden Canal Boats, Enabling Volunteers To Gain Skills In Traditional Boatbuilding And Maintenance. The" |
| The National Lottery Community Fund | 23/11/2006 | £10k | Heritage Boatyard - Slipway Excavation |