We're celebrating our fifth birthday with a further growth in support. Read more about how the Trust has created living waterways, transformed places and enriched lives in 2016-17.
It's that time of year again when we can reflect on the past 12 months. A time to once again celebrate all the hard work, extraordinary passion and determination shown by everyone in the Trust, our volunteers and partners, whose dedication to these precious 200-year old waterways, ensure they will be used and enjoyed by generations far into the future.
Since launching in 2012, we have made a valuable contribution to the waterways and communities we serve. Take a look at some of the highlights:
“We have been able to increase the amount of money we can spend on the waterways which has seen a huge output by staff and volunteers alike. Accordingly, we beat our target for unplanned navigation closures with a further reduction year-on-year." Richard Parry, chief executive
The Trust is unusual in the charity sector as it generates around 60% of its income from commercial sources with just over 1% from donations. It also receives a large proportion of its total income from reliable income sources.
Our spend on charitable activities continues to grow, as it has done in every year since the Trust was created. Much of the increase this year relates to the Waterway regeneration and restoration works performed following the winter floods.
Our investment portfolio has had a very strong performance this year with property continuing to outperform its IPD benchmark at total return level and the non-property investment portfolio returned significantly ahead of the CPI+5% target.
We want more people to discover the pleasures of time spent on or besides canals and rivers. We know that life is better by the water, and that our waterways have the potential to support local communities today and tomorrow.
Last date edited: 23 July 2017