COTSWOLD LAKES TRUST

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +29.2%

  £450,602 → £582,070

• Cash

  -1.1%

  £70,297 → £69,529

• Net assets

  -3.1%

  £2,865,297 → £2,775,343

• Employees

  0%

  11 → 11

• Profit before tax

  +46.2%

  -£167,271 → -£89,954

• Wages

  +14.5%

  £245,724 → £281,318

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. COTSWOLD LAKES TRUST 2021-03-16 → present
2. COTSWOLD WATER PARK TRUST 2011-02-04 → 2021-03-16
3. CWP SOCIETY 2005-07-11 → 2011-02-04

Accounting basis

FRS 102

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Milsted Langdon LLP

Audit opinion

Unaudited (audit-exempt)

Going concern

Affirmed

“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. The Group does not embark on major initiatives without committed funding. The members have reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. COTSWOLD LAKES TRUST · parent
   1. Cotswold Water Park Society Limited 0.67% · England and Wales · Management of biodiversity within, and the promotion of and education in respect of Cotswold Water Park
   2. Cotswold Lakes Trading Limited 1% · England and Wales · Trading activities relating to the charity

Significant events

• “The Trust reported a financial loss of £89,954 for the year, marking another difficult financial year.”
• “Performance at Cotswold Country Park & Beach exceeded previous year's results despite poor weather, with improved gift aid take up.”
• “Achieved significant new grant income of £212,022, supporting nature recovery and other projects.”
• “Development of water and related sport activities at Cleveland Lakes is considered vital for long-term future, with income expected to grow significantly in subsequent years.”
• “A detailed planning application for the sale of the ranger compound adjacent to Wickwater Lake at Cleveland Lakes has been submitted and is under review.”
• “The Cotswold Water Park area underwent a rebrand to Cotswold Lakes, including a new website and logo, at the end of the financial year.”
• “The Trust anticipates a successful financial year with the disposal of the ranger compound and generation of maintainable income streams at Cleveland Lakes.”
• “Long-standing Development Director Matthew Millett took early retirement but was retained on a part-time consultancy basis for fundraising and the Cleveland Lakes project.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.