THE SHREWSBURY & NEWPORT CANALS TRUST
Promoting and undertaking the restoration of the Shrewsbury Canal and the Newport branch of the Shropshire Union Canal to good and navigable order, including associated structures and buildings, for the benefit of the public.
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £587,323, with unrestricted reserves standing at £386,643. This figure is significantly above the trustees' stated policy target of maintaining reserves equivalent to one year's total expenditure, which was £36,978 in the previous year. The independent examiner confirmed that no material matters came to attention regarding the preparation of the accounts.
What the accounts disclose
Funders the charity credits
- Heritage Lottery Funding
Property (HM Land Registry)
Trustees
- BERNARD CHARLES JONESchair
- John Metcalfe Stevens
- John Myers
- John William Snell
- Philip Michael Jones
- Philip Tarrant
- Richard Ian Macvicar
- SHERREL GILLIAN FIKEIS
- Simon Ardian Rowberry
- Vaughan Welch
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £50k | £41k |
| 30/09/2024 | £92k | £37k |
| 30/09/2023 | £44k | £32k |
| 30/09/2022 | £172k | £26k |
| 30/09/2021 | £86k | £20k |
Common questions
Is THE SHREWSBURY & NEWPORT CANALS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased to £587,323, with unrestricted reserves standing at £386,643. This figure is significantly above the trustees' stated policy target of maintaining reserves equivalent to one year's total expenditure, which was £36,978 in the previous year. The independent examiner confirmed that no material matters came to attention regarding the preparation of the accounts. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 08/12/2008 | £5k | "A Project To Complete An Evaluation Study By This Shropshire Canals Trust In Order To Assess The Economic And Social Benefits From The Propo" |
| The National Lottery Community Fund | 08/12/2008 | £5k | Norbury Canal Junction Study |
| The National Lottery Heritage Fund | 06/09/2006 | £7k | "A Project To Carry Out Two Feasibility Studies Into The Restoration Of The Canal Through Newport And A Section Of Canal From Wappenshall Jun" |
| The National Lottery Community Fund | 22/08/2006 | £7k | Shrewsbury and Newport Canal Feasibility Studies |