BRAYFORD TRUST LIMITED
The Trust has care of the important and historic Brayford Pool which is situated in the centre of Lincoln. It is the hub of the Lincolnshire waterways.From income generated by mooring and leasing fees it aims to maintain and improve the Pool and its environs.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £1,184,600, which is above the stated minimum reserves level of £240,000. The charity reports a surplus for the year and confirms it has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“Mooring Fees had been increased to keep in line with other commercial locations. It should be noted that Mooring Fees continue to be by far the main source of income for the Trust and are essential for the preservation of the Pool.”
“The charity continues to work towards maintaining a minimum reserves level of £240,000.” — page 6
“Four of the charity's trustees (being K Darwin, S Jackson, Cllr R Metcalfe and John Latham) are also directors of Investors in Lincoln. Investors in Lincoln lease a mooring from the Brayford Trust for a value of £15,604 per annum. This is undertaken on an arms length commercial basis.” — page 27
“Trustees Cllr Metcalfe and Cllr Hewson are elected as members of the City of Lincoln Council. The City of Lincoln Council has provided a loan to Brayford Trust totalling £95,339. This is undertaken on an arms length commerical basis.” — page 27
“Four of the charity's trustees (being K Darwin, S Jackson, Cllr R Metcalfe and John Latham) are also directors of Investors in Lincoln. Investors in Lincoln lease a mooring from the Brayford Trust for a value of £15,604 per annum. This is undertaken on an arms length commercial basis.” — page 27
“Trustees Cllr Metcalfe and Cllr Hewson are elected as members of the City of Lincoln Council. The City of Lincoln Council has provided a loan to Brayford Trust totalling £95,339. This is undertaken on an arms length commerical basis.” — page 27
Property (HM Land Registry)
Trustees
- DEREK MORRIS WELLMAN
- Donald James Nannestad
- Julian Richard Free CBE
- KEITH WILLIAM DARWIN
- Naomi Tweddle
- RICHARD ALBERT COSTALL
- SIMON JACKSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £328k | £227k |
| 29/02/2024 | £311k | £233k |
| 28/02/2023 | £259k | £208k |
| 28/02/2022 | £297k | £199k |
| 28/02/2021 | £279k | £148k |
Common questions
Is BRAYFORD TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £1,184,600, which is above the stated minimum reserves level of £240,000. The charity reports a surplus for the year and confirms it has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.