Finance Score: 2

Governance Score: 4

Support Score: 7

Poor Liquidity: -1
Good Reserves: +1Positive trading contribution: +2;Fundraising costs high: -5
Future income +5

Narrow trustee age band: -2
Dynamic board: +3
Gender balanced board: +3

Grant maker support: +7

Overall GiG Score: 13

COTSWOLD LAKES TRUST

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.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently and there are significant future grants due to be received
More than half of total income was derived from trading and fees in the latest year
Spending has increased over the last 3 years relative to the previous period
There have been no material income shortfalls in recent years
The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

The Board has little diversity in terms of age

Financial issues to consider:

Liquidity appears to have been slender at the latest year end but very substantial unrestricted reserves are available
Fundraising costs are extremely high relative to funds raised

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23		£701	£572	£129	£123	£3,033	£2,930	61.5	8	45
31/03/22		£609	£558	£51	£197	£2,904	£2,754	59.2	7	30
31/03/21		£333	£333	£0	n/a	n/a	n/a	n/a	n/a	30
31/03/20		£455	£433	£22	n/a	n/a	n/a	n/a	n/a	30
31/03/19		£359	£375	£-16	n/a	n/a	n/a	n/a	n/a	30
31/03/18		£458	£468	£-10	£0	£0	£0	n/a	0	0
31/03/17		£475	£588	£-113	£0	£0	£0	n/a	0	0
31/03/16		£768	£586	£181	£252	£1,115	£963	19.7	9	0
31/03/15		£456	£608	£-152	£0	£0	£0	n/a	0	0
31/03/14		£552	£536	£16	£264	£522	£415	9.3	7	0
31/03/13		£644	£664	£-20	£290	£192	£67	1.2	7	0
31/03/12		£640	£601	£39	£290	£212	£136	2.7	8	0
31/03/11		£271	£134	£137	£0	£0	£0	n/a	0	0
31/03/10?	*	£219	£187	£31	£0	£0	£0	n/a	0	0
31/07/09		£362	£401	£-39	£0	£0	£0	n/a	0	0
31/07/08	*	£491	£450	£41	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 60.9%
Fundraising Costs/Total Spending: 21.5%
Highest pay band: Less than £60,000
Liabilities/Assets: 31%
Liabilities/Income: 194%
Unrestricted Funds/Total Funds: 97%
Reserves/Spending: 61.5 months
Net Current Assets/Spending: -4 months
Quick Ratio: 0.3

Asset Split ?

Established: 17 years
(18 years as a company)

www.cotswoldlakestrust.org

info@cotswoldlakestrust.org

01793752211

Charity Commission for England and Wales

Listed activities

Amateur Sport
Animals
Arts/Culture/Heritage/Science
Disability
Economic/Community Development/Employment
Education/Training
Environment/Conservation/Heritage
General Charitable Purposes
Recreation
The Advancement Of Health Or Saving Of Lives

GiG Classification

Amusement and recreation services

How it operates

Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides human resources
Provides services
Sponsors or undertakes research

Where it operates

Gloucestershire, Oxfordshire, Swindon, Wiltshire,

Who it helps

Children/Young People
The General Public/Mankind

Who works here?

8 employees
45 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
National Lottery Heritage Fund - Grant to Cotswold Lakes Trust
£237,872	05/07/2023	BASE
National Lottery Community Fund - Cotswold Lakes Big Volunteering Weekend
£9,750	02/09/2022	The funding will be used to organise a volunteering weekend at two sites in the Cotswold Water Park. The project aims to bring the community together to engage in conservation work reduce isolation ....more The funding will be used to organise a volunteering weekend at two sites in the Cotswold Water Park. The project aims to bring the community together to engage in conservation work reduce isolation and improve community spaces.
National Lottery Heritage Fund - Grant to Cotswold Water Park Trust
£22,500	13/07/2020	COVID19: Cotswold Water Park Trust
National Lottery Heritage Fund - Grant to Cotswold Water Park Trust
£35,400	05/02/2020	Improving the resilience of The Cotswold Water Park Trust

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)

Current Trustees appointed

Gender Split

Age Range of Trustees: 56-74

HEIDI THOMPSON Appointed: 2022, Occupation: Director

ROBERT DUNCAN WHITFIELD HALL Appointed: 2021, Occupation: Director

THOMAS CORRAN Appointed: 2022, Occupation: Director

BARRY BUTLER Appointed: 2021, Occupation: Actuary

PAUL MALCOLM HAZEL Appointed: 2017, Occupation: Finance Director/Trustee, Other trusteeships: MAYOR OF CHELTENHAM'S CHARITY, WINCHCOMBE TOWN TRUST,

PHILIPPA MARY LANGFORD Appointed: 2020, Occupation: Civil Servant

WILLIAM MARTIN KINGSTON Appointed: 2020, Occupation: Retired, Other trusteeships: NADEZHDA CHARITABLE TRUST, Sportily,

ANNE COOPER Appointed: 2021, Occupation: Fundraiser, Other trusteeship: MAGIC FOR SMILES,

Legal constitution

Charitable company registered in England & Wales on 09/08/2007, number: 1120518
Registered at Companies House on 11/07/2005, number: 05504806

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Risk management
Safeguarding policy and procedures
Serious incident reporting policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

16 returns made; AR10: 5 days late, AR08: 64 days late,

Recent reorganisation events:

Asset transfer in from UPPER THAMES PROTECTION SOCIETY on 20/12/2022

Main office

COTSWOLD HOUSE
DOWN AMPNEY
CIRENCESTER
GLOUCESTERSHIRE
GL7 5QF

Objectives

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.

Defined Area of Benefit:

GLOUCESTERSHIRE AND WILTSHIRE, PARTICULARLY AT THE COTSWOLD WATER PARK.

Data Sources