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2023-12-31-accounts

Friends of Oystermouth Castle (The-Friends) bos, = a .

Registered Charity No 1011377): 6.0) 0-8) Gree

Financial Statements Year Ended 31st December 2023... =: Mo

Friends of Oystermouth Castle

1011377

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Registered Charity number: 1011377

Registered address: 7 Libby Way Mumbles Swansea SA3 4LB

Trustees:

Paul Lewis Chair & Trustee Marie Hughes Secretary & Trustee Gerallt Williams Treasurer & Trustee George Lawrence Vice Chair & Trustee Sian O’Neil . . Trustee Clive Hughes Trustee Michael Eames _ Trustee John Malvesey.:: Trustee’. 5 0 fc. ere Sop ey Chris Oldfield Trustee Independent Examiner: © 0 23) ce 0. ee Bevan Buckland LLP Ground Floor Cardigan House Swansea Enterprise Park Swansea a | oo | . SA7 9LA

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Friends of Oystermouth Castle, a

__ -, 1011377,

  1. Structure, Governance and Management

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The Friends is an unincorporated association registered. with the Charity Commission dss The management committee adopted its constitution in July 2012. The Friends members elect management committee members from its members at the Annual General Meeting orExtraordinary General Meeting.

The City and Council of Swansea (the ‘Council’) own the freehold premises of Oystermouth Castle. beEEN Clayton a .

Under the terms of a Licence to Operate (the ‘Licence’) The Friends and authorised guests are permitted non-exclusive use'by the Council to use. Oystermouth Castle as a Heritage Visitor facility. The Licence provides that the Friends may retain any income arising from theuse.and operation of Oystermouth Castle, less an annually agreed contribution towards the cost of maintenance of Oystermouth Castle. Se

  1. FinancialReview

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“The Charity saw an increase inadmission fees, from £64,009 to. _ £72,015. This is in part largelydue to the outreach to local'schools afrange trips tothe castle to _ There has been a significant decrease in the amount spent on castle. maintenance within the year. Last year £36,769 was spent‘on castle ~ maintenance.and repairs, due to,a.large grant received in:2021 of : . _... £89,001. As of 31St December 2023, £42,647of this unrestricted grant .

‘The total amount of unrestricted funds as of 2022 ‘was £140,757. As of 2023 it is £1 88,030. There were no restricted funds in either year. ' The accounts have been prepared on receipts and payments basis in - accordance with the Charities Act 2011.

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Friends of Oystermouth Castle

1011377

  1. Bank Account

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The Friends have banked with NatWest since 2015. "Wepresently have four

A portion of income is held inthe current account to cover.

  1. Prior agreed events at the Castle which are arranged by the a, Counc _ 3. Materials purchased forthe Friendsuse . 7) 4. All functions which are the Friends responsibilitye.g. AGMs,° 5. Theinsurance,Friendsaccountancycontribution feestowards the Castlebetesconservation’be pete ~ r .... 6, Othersundryitems | 5. Public Benefit Statement a TheThemedievalprovide FriendsFriends a venue objectspromote for localare ‘the historytoschoolsprovide collegesandaccessheritage andand of thepresentationuniversities.site tovisitors'and atThetheCastleCastle. hosts aspects re-enactments and living history societies, which recreate all = of life during the Middle Ages. ~ Oe We have managed to run guided tours three times a week in July, August and September, organise Easter bunny, Halloween and Christmas events and theirhave 9 educational school tours. We have liaised with the schoolsto ensure visits fit into the schools curriculum, they have workbooks which have been compiled by the Friends and vetted by the schools to assist with the . tour.place We are aimingto expand this further by working with Cynefin to put in the other activities including a three dimensional computer program so that children can review or prepare their visit. ~ 9 ae : The Friends setup a training programme for potential new tour guides ‘to shadow our experienced guides and we are continuing this by making a more structured approach. The programme of guided tours last year provided us with useful positive feedback for the trustees. As a result this coming year we willPM be increasingthe number of tours givenat the castle.to two tours AM & Wednesday and Friday with additional tours during school holidayson a Sunday. ce

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Friends of Oystermouth Castle

1011377

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The trustees have reviewed their strategic aims and objectives to enhance the way we dobusiness.[To] enableus to comply with legislation regarding young and vulnerable people a number of the friends havé’been DBS

  1. Special Events and Year Highlights ©" "8

The:past'year has seen the trustees engaging withlocal ‘Swansea’ Council representatives to with the aim to enhaneth e profile of the-castle. . The volunteer numbers have increased slightly since: reopening ‘but weare ~ always:looking for volunteers tojoin and commit whatever they can to help keeping the castle Opening ‘and functioning effectively." a

During the past year the Friends formed separate teams, for tour guides, events organisation; odd jobs and extended their connections-with the Ostreme Theatre Players, who:gave magnificentsupport when:called upon.

The Friends and: Swansea ‘Council are still engaged with Hiraeth Architecture to carry out the next stage of our feasibility study. Thé proposals we are now looking to put in place include a new reception area, educational area, shop, toilet facilities, exhibition area etc. These proposals have been helped bya -* ’ grant of £148020.00p from.the:UK.shared prosperity fund'as ‘part of the UK governmentOystermouth levelling castle areup agenda:working Hiraethwith surveyors, on behaifCADW:of'theand:Swansea friends of council to submit planning-application by theend of 2024. When this'stage is completed, we will move onto the build stage which is:estimated-to be in excess of £3 million, the castle will then be in a position looking forward to giving a better experience for visitors to the castle as well as putting:on: more events: 250% 00 0 tee Be ET et a

8. Future: Plans... - can an . os co oy oe a a ay

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Friends of Oystermouth Castle

1011377

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oi bythe public.2 0 i ee Looking forward-we presently have 50 potential ‘friends of ~ . -

--.,,.. . Oystermouth Castle’ for this coming. year. ---.= 0 The events team are always looking for help with the productions

-+.° 2. :they-put-onat the castle,-no special skill are required. only plenty: vtso,, Ofenthusiasms so ‘.; .. @ . Looking. forward; let us hope that this year is a:successful‘one, ~ - and we continue to make progress. With a.number of:big issues‘in

  1. 7+: [he pipeline we.can.look forward with great optimism.tomake the -- Castle one:of the cornerstonesfor attracting visitors. for the county-

. ° : and benefiting,our local community: 9 = ) es

  1. Dave Stevens). 2k, e Finally, | must mention that our Past Treasurer Dave Stevens who has stepped down from duties as a trustee and friend after giving in excess of 30 years volunteering at the castle. | would like to . thank Dave for all his past work as Treasurer and the excellent

.. support he has given as.a:trustee and help: given-to other ‘Friends’. es

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Paul Lewis -, Vice Chairman

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27" February 2024

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Friends of Oystermouth Castle

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_., 1011377

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CC16 Receipts and payments accounts From __—+| owowmozs [to |S TTaIR023

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a Section A Receipts and
payments
Jo * Unrestricted _ Restricted’ Endowment
funds funds funds . = Totalfunds | co yvear
, . ‘tothe nearest“ =——sto the = =—<‘“sé‘(<é‘étto ther nearest” ~~ sC. to the to the
. ; Lo £ ee nearest Cee£ £ _ NearestEasnearest
“Atl [Receipts.] £
‘donationstgaces [ses | | . | [fue] | [zoo
ef
. 5 Sub'total(Gross. PS a Mae 7 see toe Pele en, “4 doen VE oe os
1: incomefor AR) [834 fo Pee pe be BBTIE 70,304
A2Assetand | a
investment sales, .
see table). a Z
Subtotal. = pe
A3 Payments oe
Reet tia | [| [tga
sees [fee] | fs]9,247
7Ye |[| fe [|] | foe
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Acdece PY Pa OePP |PO36,769
2,703 2,703
Revarsandwaning Lyra2,297 | |. | [| faze2,297 fe
a
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397 397 ,
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Subtotal)sso TL. [dL] jerss6
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Friends of Oystermouth Castle

1011377

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Aé4 Asset and Tie oa te pb pe
-investment purchases,.|.. .. .. ba te eee na pe tee
(see table) ;
receipts/(payments) a | 47,273 | |__...8,748
A5 Transfers between P| na
year end ue 140,757 "| 140,757 "
end| 188,030 188,030 ___ 140,757
m= Section B Statement of assets and liabilities at the end of the
period
we ee ’ “Unrestricted Restricted Endowment
Categories Detaiis funds funds funds
to nearest£ tonearest£ ~ - to nearest £
106,573 wee
fee
Bank account 14,814 | ||
| Bankserount a
jam
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(agree balances with receipts
and payments account(s)) OK oo OK OK...
Unrestricted Restricted Endowment
Joe oo funds funds | funds.
Details to nearest £ to nearest £ to nearest £
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1011377

Friends of Oystermouth Castle

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Fund to which Cost Curent
Details asset belongs (optional) optional
Fund to which Cost Current
Details asset belongs (optional) optional
retained for the
es
Fund to which Amount When due
Details. liability relates optionaldue (optional)
fee
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Friends of Oystermouth Castle

1011377

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Prior year oe OO )
adjustment
income.Included: However,within creditorsafter investigationin 2022 year-endin theaccountsyear, this wasdidanotrestrictedcomply withamountthe ofCharity £57;677 SORPrelatingand shouldto deferred:
have been treated as income when received. Furtherto this, during 2021 the funder confirmed these ~~ -
amounts could be spent with no restrictions. This has been retrospectively amended within the 2022 figures
above.
Signed by one or two - oO . .
trustees on behalf of Signature . _ Print Name - .. Date ot
all the trustees Ss approval
| [Wek] | | PAGfees
madre [Iva He s
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Friends of Oystermouth Castle

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9 CHARITY COMMISSION)’ independent examiner's
BAT |FOR ENGLAND AND WALES! ” “report on the accounts
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Section A Independent Examiner’s Report

Report to the trustees/|FiendsofOysiermouth Caste members of

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On accounts for the. 31% December 2023 Charity 1011377
no (if
. year ended any)
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| report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2023.

Responsibilities and As the charity trustees of the Trust, you are responsible for the basis of report preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act’).

| report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying outmy examination, | have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

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Friends of Oystermouth Castle

1011377

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Independent | have completed my examination. | confirm that no material matters examiner's statement have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: | e accounting records were not kept in accordance with section oO a ._-, . 130.ofthe Act or _ «the accounts do not accord with the accounting records -. 7 [Raveno concernsand have.come acrossno other.matters.in: 9. js. order to enable a proper understanding of the accounts to be reached.

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Name: | Michael Jones

Relevant professional |[ACCA] | qualification(s)body (ifany):;.or .sti - reee cas _. Address: | BevanBucklandLLP. 5 7 ee 8 Perund Floor, Cardigan House Castle Court, Swansea Enterprise Park, Llansamlet, Swansea SA7 9LA

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