COTSWOLD LAKES TRUST

Registered charity 1120518 · accounts filings on the Charity Commission register · also known as COTSWOLD WATER PARK TRUST, CWP SOCIETY

To provide facilities for the benefit of the public,and in particular the inhabitants of Gloucestershire and Wiltshire, in the interests of social welfare for education, conservation, recreation and leisure time occupation at the Cotswold Water Park.

Objects

3. OBJECTS THE OBJECTS OF THE CHARITY ("THE OBJECTS ") ARE TO PROVIDE FOR THE BENEFIT OF THE PUBLIC, AND IN PARTICULAR FOR THE INHABITANTS OF GLOUCESTERSHIRE AND WILTSHIRE, FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR EDUCATION, CONSERVATION, RECREATION AND LEISURE TIME OCCUPATION AT THE COTSWOLD WATER PARK AND IN PARTICULAR TO:-3.1 TRY TO ACHIEVE A BALANCE BETWEEN DEVELOPMENT, RECREATION AND NATURE CONSERVATION INTERESTS CONCURRENTLY3.2 ASSIST IN ACHIEVING POLICIES AND PRACTICES TO SUSTAIN THE CURRENT NATURE CONSERVATION VALUE OF THE PARK3.3 ASSIST IN ACHIEVING THE PROVISION OF APPROPRIATE PUBLIC ACCESS FOR ALL TO SITES AND FACILITIES IN THE PARK FOR RECREATION PURPOSES3.4 ASSIST IN CREATING A COHESIVE IMAGE FOR THE PARK AND PROVIDE AND EDUCATIONAL RESOURCE FOR THE PUBLIC GENERALLY3.5 PROMOTE THE PARK AND ITS FACILITIES AS A RESOURCE FOR PUBLIC ENJOYMENT OF APPROPRIATE COUNTRYSIDE RECREATION, AMENITY AND WILDLIFE3.6 CONSERVE AND IMPROVE THE LANDSCAPE BY THE INTEGRATION OF RESTORED MINERAL WORKINGS INTO A NEW LANDSCAPE STRUCTURE AND GENERAL ENHANCEMENT OF THE PARK 3.7 MAKE REPRESENTATIONS TO LOCAL AUTHORITIES AND OTHER PERSONS ON LAND MANAGEMENT AND USE IN THE PARK.3.8 ENCOURAGE, PROMOTE AND IMPLEMENT THE CREATION, CONSERVATION AND MANAGEMENT OF WILDLIFE HABITAT, PARTICULARLY IN THOSE PARTS OF THE PARK WHICH HAVE BEEN IDENTIFIED AS BEING OF SPECIAL IMPORTANCE3.9 ASSIST THE LOCAL COMMUNITIES TO PREPARE AND CARRY OUT WORKS RELATING TO THE IMPROVEMENT AND MANAGEMENT OF THE SETTLEMENT PROTECTION ZONES AND SUCH OTHER AREAS AS MAY BE APPROPRIATE3.10 PURSUE QUALITY SUSTAINABLE IMPROVEMENT IN ENVIRONMENTAL REGENERATION IN PARTNERSHIP WITH BUSINESS, PUBLIC AUTHORITIES AND COMMUNITIES3.11 ENCOURAGE THE PUBLIC, PRIVATE AND VOLUNTARY SECTORS TO TAKE CONCERTED ACTION TO IMPROVE THE ENVIRONMENT3.12 INTERPRET AND PRESENT TO THE PUBLIC THE HERITAGE, LANDSCAPE AND NATURE CONSERVATION OF THE PARK3.13 ASSIST IN MAINTAINING AND IMPROVING PUBLIC RIGHTS OF WAY TO ENABLE THEIR USE BY ALL MEMBERS OF THE PUBLIC3.14 ENCOURAGE SAFE USE OF WATER AREAS IN THE PARK 3.15 THE PROVISION OF PUBLIC PARKS OR OTHER PUBLIC FACILITIES OF AN ENVIRONMENTAL, EDUCATIONAL OR RECREATIONAL NATURE, PROVIDED THAT THE PARKS OR FACILITIES ARE NOT TO BE OPERATED AT A PROFIT.

Area of benefit: GLOUCESTERSHIRE AND WILTSHIRE, PARTICULARLY AT THE COTSWOLD WATER PARK.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · Arts/culture/heritage/science · Amateur Sport · website · Get email alerts

Latest income
£582k
Latest spending
£672k
Registered
2007
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a consolidated deficit of £89,954 for the year ended 31 March 2025, resulting in a decrease in net assets. The charity holds unrestricted reserves of £2,634,658, which the trustees note are significantly higher than their policy target of 12 months of expenditure, although these reserves are fully represented by fixed assets that cannot be easily sold.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 12 months of group total resources expended (held: £2.6m)
“CLT has a long-term aim of maintaining group reserves, in the form of unrestricted funds, equivalent to 12 months of group total resources expended.” — page 12
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The Trustees believe that the only uncertainty at present involves the sale of the compound at Cleveland Lakes held within Cotswold Water Park Society Limited which is included in our budget and cash flow forecasts and is required in order to meet loan obligations. The sale is dependent on planning permission being granted which the Trustees expect to happen soon. However, if the compound sale fails to complete, there are alternative plans to ensure the Group can repay their debts as they fall due.” — page 28
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Management charges charged from CLT to subsidiaries CWPS and CWPERS.
“During the year, management charges were charged from Cotswold Lakes Trust to Cotswold Water Park Society Limited and Cotswold Lakes Trading Limited, totalling £155,224 (2024: £155,224). At the year end, £333,602 (2024: £338,051) was owed to Cotswold Water Park Society Limited, and £95,810 (2024: £84,247) was included in amounts owed from Cotswold Lakes Trading Limited.” — page 52
“During the year ended 31 March 2024, a loan of £140,000 was made to the Cotswold Water Park Society from a company wholly owned by a trustee of Cotswold Lakes Trust at a rate of 1% below the Bank of England's bank rate. At the year end, £146,984 (2024: £141,469) was owed.” — page 52
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Loan from a company wholly owned by a trustee to a subsidiary.
“During the year, management charges were charged from Cotswold Lakes Trust to Cotswold Water Park Society Limited and Cotswold Lakes Trading Limited, totalling £155,224 (2024: £155,224). At the year end, £333,602 (2024: £338,051) was owed to Cotswold Water Park Society Limited, and £95,810 (2024: £84,247) was included in amounts owed from Cotswold Lakes Trading Limited.” — page 52
“During the year ended 31 March 2024, a loan of £140,000 was made to the Cotswold Water Park Society from a company wholly owned by a trustee of Cotswold Lakes Trust at a rate of 1% below the Bank of England's bank rate. At the year end, £146,984 (2024: £141,469) was owed.” — page 52
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from trustees and connected parties.
“During the year, management charges were charged from Cotswold Lakes Trust to Cotswold Water Park Society Limited and Cotswold Lakes Trading Limited, totalling £155,224 (2024: £155,224). At the year end, £333,602 (2024: £338,051) was owed to Cotswold Water Park Society Limited, and £95,810 (2024: £84,247) was included in amounts owed from Cotswold Lakes Trading Limited.” — page 52
“During the year ended 31 March 2024, a loan of £140,000 was made to the Cotswold Water Park Society from a company wholly owned by a trustee of Cotswold Lakes Trust at a rate of 1% below the Bank of England's bank rate. At the year end, £146,984 (2024: £141,469) was owed.” — page 52
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Cotswold Lakes Trading Limited
“Cotswold Lakes Trading Limited (formerly Cotswold Water Park Estates and Ranger Services Limited) (CWPERS) is a trading subsidiary of the Cotswold Lakes Trust.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Public fundraising profile: JustGiving — Cotswold Lakes Trust (matched by registered charity number).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£582k
Total spending
£672k
Cost of raising funds
£39k
Reserves (reported)
£2.6m
Employees
11

Reported reserves equal ~47.0 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (43% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 6.8% of total income — above the median for charities its size (4.9%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Gloucestershire · Oxfordshire · Swindon · Wiltshire

Income and spending

Financial year endIncomeSpending
31/03/2025£582k£672k
31/03/2024£451k£618k
31/03/2023£701k£572k
31/03/2022£609k£558k
31/03/2021£333k£333k

Common questions

Is COTSWOLD LAKES TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a consolidated deficit of £89,954 for the year ended 31 March 2025, resulting in a decrease in net assets. The charity holds unrestricted reserves of £2,634,658, which the trustees note are significantly higher than their policy target of 12 months of expenditure, although these reserves are fully represented by fixed assets that cannot be easily sold. Its FY2025 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund26/05/2026£14kFun nature-based activities for disadvantaged young people
Sport England03/06/2025£4kLakeside Link
The National Lottery Heritage Fund05/07/2023£238k"BASE"
The National Lottery Community Fund02/09/2022£10kCotswold Lakes Big Volunteering Weekend
The National Lottery Heritage Fund06/07/2020£23k"COVID19: Cotswold Water Park Trust"
The National Lottery Heritage Fund05/02/2020£35k"Improving the resilience of The Cotswold Water Park Trust"
The National Lottery Heritage Fund11/01/2011£19k"'If only they were still alive' - understanding and celebrating a changing historic landscape"
The National Lottery Community Fund17/07/2009£8kWillo Lantern Pageant

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with COTSWOLD COUNSELLING.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
COTSWOLD LAKES TRUST£582k—0unclear—noted
COTSWOLD COUNSELLING FY2025£374k—0above—no doubt
HEREFORDSHIRE AND GLOUCESTERSHIRE CANAL TRUST LIMITED FY2025£151k—0unclear—no doubt
WEST WALES RIVERS TRUST FY2025£884k—0unclear—no doubt
FRIENDS OF THE COTSWOLDS FY2025£173k£35,5200unclear—no doubt
THE LAKE DISTRICT CALVERT TRUST FY2025£2.0m——unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.