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Cut Both Ways issue 106 (winter 2020-21)

The magazine for members of Lichfield and Hatherton Canals Restoration Trust

The magazine for members of Lichfield and Hatherton Canals Restoration Trust

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Money Matters

2020 accounts

Subject to professional examination for presentation to the AGM to be held later this

year, preliminary results from our accounts for last year are:-

Total resources brought forward £823,944

Income

Expenditure

£189,272 (34% unrestricted)

£1,013,216

Asset depreciation ( £14,108 )

Total resources carried forward £883,430

( £115,678 ) (76% unrestricted)

20-20 Piling Appeal

Following completion of piling along the available part of the new section at Falkland

Road, further progress

was made on restoring

the narrow section of

the original channel seen

here by Tamworth Road.

available in the coming year.

Bob Williams, (Finance Director)

To submit your donation and personal tag name, visit our website at…

https://www.lhcrt.org.uk/2020piling.html

It is with thanks to 180

donors to our Piling

Appeal that it has been

possible to raise over

£22,000 towards the cost

of the materials installed

during 2020. The work

will continue as further

land and funds become

Donors can have their chosen inscriptions embossed on a metal strip which will be

attached permanently to the waling beam along the tops of the piles. Due to there

being nearly 400 inscriptions now being embossed, it is taking longer than expected

to have them ready for fixing to the piles.

Continuing support to this Piling Appeal would be welcome as there is a lot more

piling to be installed.

Winter 2020/21

Page 7

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