Chaiily raglslration number. 1031263 BARB Anr.ual Report anrl Financial Stslements for the Year Encsed 31 October 2025
BARB Contents (continued) Rg18rence and Adminislralive DotailF Tiuslees. Rep?rt 2to4 Independent Examiner's Rewrt Statgm8nl of Financial Activities BalanGtt Sheol Notes to Ihe Winancial Slalem£'nts 81017
BARB Reference and Adminislratlve Detalls Chalmian Mf Mark Newrnan President Mr Roger Flower Treasurer Mr Grah8m Hallsworth Secretary MY8 Loma Brewer other OfliG6rs- Mr Miky Lowe, Oppralions manager (resigned 6 Octob¥r 20251 Mr Adfian Cunningham, Oeputy Operdtion5 Man8ger Mr Craig Dunbar. Oporatlons Manag9r frcrn 8th (t0 2025 onwarcls Mr Mlchael Young Mr David Kemp Ir8$ign8d 31 J8ndary 20261 Mr Colln HewEtson MrAndy 8r6wpr NaTasha Ivebber lappointed 12 M8rGh 20261 Charlty Registralloh Number 1031263 Principal Office Marine Res? Genlre The Esplanade 8ufnham on Sea Sornersot TA8 18B West¢otts ISWI LLP GhartEred Accountants 47 8ou(POrt Slreel 88rnslaFAg Somersel EX31 ISQ Lloyd$ Bank Ple Cornhill Bridgw8t&r Sorneyset Indepond¢nl Examiner 8ank•rs P8ge I
BARB TrustB8S' R&port The trustees psent Ihe annual rgport togelh8r with the financial stalernenls of the charfty forlhe year ended 31 O¢tober 2025. Alms and DbjEctlvf s Saving Ilves 8ARB's crew u6es ilJ hovercrafts, ioshor8 res¢ue bo8ts and other equiptnent lo help and rescue people in diffCEY a¢rDSS Somersel. major &mergencies. ch as Ilooding. our ag8et8 may alsD be called inio use ID a5$isI anywher8 across the UK. EduG#tln9 public RB d$livors wany talks 83ch year to local groups and organlsations to prcpaclively gwè 8 ptieiliv beach safèly messagE>. Thls 8lfll5 lu reducE th8 numbarof people gettlng into difficulty. Increaslny awarei)95s of beach Safety BARB welcomes vi?Ilo ol oro(Ips ol schoolchildren other grDUPS through th8 year to hèlp promot rÉspon$iblÈ Itse of oitrr local bachÈs, Vdilhoul causng unnecessHry concèrn. The Tru51ee5 Gonlirfii Ihat Ihey have complieol vAlh the requirements of seaion 4 of Ihe Ch8rltles Act 2011 lo have dLe iegard to thÈ putMi¢ b¥nefil guidanEe publi5hgd by the Charity GofflrllissDn for England and Wales. Sumrnary Df main activitlP5 Flnancldl rpvTrew Du¥ing the year tho Ghdrity Ifsceived legaoe5 of £1.00012024 £1.530,0001. The year saw an inu&as8 in donations and gills which totalled £44,01712024 £35.7601. Invpstmenl income in the year tolalled E25,089. Tatal income Èmountgd lo £75,1Q6, compar¢d lo £1,608,222 in thè pr8vbus year. Aller the dcduclion ol expgnditure for thB year, whl¢h tolalled £146,659 12024 e111,9271, and the addition ol th8 iTicrease in the value of investmen& of £1ll7.691. there w89 a su1¢J$ for the ya&r of £36,138. coinpart>s 10 EI,496,295 in the prior year. Thè unrestricted res&rves of Ihe charity amounted to £2.3¥J8, 105 12D25 £2,332,567). PollGyon resenf¥S The chziily 15 depenijenl c>r) sources ol voluntary income. as well as the incume generated by il¥ Investments. The i8vel of reserves has been deetned riecessary to enable the charity Ic meet ils objecbves in the nex: twenly lour months and ta provide for the evenlu21 r8pl8cerngnl ol Iho hovercrafts. 8nd any gxperitilture on as5els as deemed nècgssary by the tru5lees. A busy year for our volunt••rs Ouring 2025, BARB'S ¥oluDleeri attended 26 call-ou15. The call.outs ranged frum missing PEf50n soarchtss lo.mud rascu&5. Our volunleersgave 2,000+ hours of Iheif tims during 2025. their ESedicaliDn and commilrrienl l? AR'S work in llelpSng and resculng people. Risks Risks are regle[lY revieweu the monthly BAR8 trustee rneetings. TrEse are di5CUS5ed and niitigats'ng actions ale c(>nSifJ#ied. Page 2
BARB Trustees. Report Icontinuedl Trustees and Where new Iruslees are appolnled they are yiven a fortnd induction lo lh8 work of the Ghawlty and pravided with 8ny irrformalion Ihtyy need to fulfil thEr role5, which includes inlorm81ion about the rde of Iruslees #nd eharity law. New Iruslees ar8 nomin818cS by members of the board of Iru9tees, and w.On appointed are appointed Whe thÈy have IhL4 nooes&ary sklll lo ccntributè to tho charity's rnanagement and tfeveltspmenL The boa of trustee5 meobngs not less than four times a y8ar and trustees are elecled for 1 year 8t Ihe AGM. Chainman.. Mr Roger Flower Mr Mark Newman Chief ExerJJtiv8 oifk.er. SoGrelary'. Treasurer.. Mrs LornB Brgwer Mr GrahBm Hall8worth Mr Mlke Lowe. Oparatlons rngn8ger (resigned 6 October 20251 MrAdr5an Cunrjingham, Deputy Operations Manager Mr Craig Dunbar, Operations Manager frDrn 8th October 2025 nwards Mrmithad Young Mr Davld Kemp Ireslgned 31 January 20261 Mr CollTr Hewelson Mr Andy Brewer Natasha Webber lappoinlad 12 March 20261 Other OflirErs'. S8nioi Man4gemenl l Leddership mrAdY Br2wer T88m'. MrTony Winterbwn Mr CINeW8al statoment of Trust#os' Responslbllltles The trustees are responsible for pr8P3rfng the tru5le8s' report and the financid stalements In aGGDrdance 1th thts UnilÈd KingdDm A¢iounting Standards lUTlted Kingdom Gen?r611y A¢Gepted Accounting Practlcel and i?ppllcable law and regulaiions. The l&w applicable io cliarilies quir05 iha trustees ID propare lip.8ncial slatern&nts for each financwl ygar which sNe a Irue a•ct fair view of the state of affair5 of%h2 charity and of Ihp incoming resoueS ana app5ication uf resoui'ces of the charity for Ihal period. In pfeparing these lin8nclal statamefits, the truslees are requiiÈd to.. sel8Gt suitable accounting poliaes and then apply Ihern con5151ently,' observe the methods and principl¢s In the CharitTe8 SORP; mako judgements And estirnales Ih8t are r&gsonabla and prudenL slato wh8ther appliCae accounting standards have b$en followed. subject to aThy materf81 doparturos dis-Iob$d 8ftd explJlnod In thè linallclal stalem&1%.. 3n pr8pare Ihe financicjl sialemenls on the gDing conG$m basis unless il is inappropriale lo presume thai the eharity will conrinua in busintrss. Page 3
GARB Trustees. Rèport (continued) The trust6es are respollsible for keeping proper accountlng records that diadose wllh rea8On8bl accura¢y at any time the financial posili¢n ol the Gharily and enable them to ensure that the flnancial Statements comply with the Charities A¢1 2011, th8 Chari11¢s (Accounts and Reports) Regulallon 2008, and tho provisiong of the conslilution. The trustee5 are also responsible lor gafegUardI th8 aets of Ihe Ghaiily ali¢ hpnce lor taking reasonablè staps lor the prevention and delÈclion ol fraud and irrègulariilBS. Yhe trustLtes al iesyonsible toi IhE Maintenan and Integrity ol Ihe corporate and financial Irilortnation included on Ilie ¢horilabl& companys WEb511e. LegIgallt goveriiing ttrr preparAUon and dlsgemination ol fln8ntid stalem8nts may dlff8rlrom legSslatlcn in oth8r juri5diction$ The 8nAual report was approved by the trustees of charlly on behall by.. A... and slgned on Its Mi Mark NEMllan Chairman Page 4
BARB Independent Exam(ner's Report to the trustees of BARB I ieport to tho trusiet5 011 Iny exarnIna¢l of the gGcount8 Ot BARB for year gnd8d 31 Ociob8r 2025. Re5ponsibllltles and basis of report As the charity trustees ol t4ARB you are r8sponsiblÈ lorthe prepar8tlon ol the accounts in aCrdarte with th8 requirernenis of Ihtr. Cnaritl8s Act 20111.lhe Act'i. I repr>rt in respect of my 8xsminalion of thè BARBS accounts earried out un¢Jer soctlon 145 of the 2011 Act and in Garrylng oiil my examinab'cn I have follow£d 311 the applirabl8 Olrections glven by the Cliarity Comtnission under 5eclion 14Sl5llbl of the Act. Independent examiner's slatemtnt I hèv8 eompleled my examinotion. l ¢onfirm th31 no matBrial matters have com8 to my 2tt8nUDn In conneclion 1th the exarninalion giving me cause lo believe that in any rnat8rial re5Ct.. 1. aGcounling IEcDrds were not kept in respect of BARB a5 required by section 130 of the Act,. or 2. the accounts do not accord wllh thos8 r8corols.' or 3. the aGGounls do not ¢otnply th the acGounting reqyifEments ccnceming the fomi and conlgnt ol accounts set out in the ChariUe5 (Accounts and Reports) R8gulaUons 2008 other than any requirernent thdl the aocounLs glve a 'true and falr ¥thlch is not a rnatter consl¢er8d as part of an independent ex8111in3tlon. I bav8 no concerns and have come aryoss no oth8r matters in connection the exarnlnalion to which attention should LTre drawn in this rBPQrt in ordtrr to enabl8 a proper understanding of the afjcounls to be r&aLhed. Catherine Willlams FCA OChA Independent Exainsner Wesl¢olts {SWI LLP Chartergd Aceoiintanls 47 Boutport Slreet Bams*aplg Somer88t EX31 ISQ Paoe 5
BARB Statement of Financlal Activities for the Y8ar Ended 31 October 2025 Untestrlcterl fund Tolal 2Q25 Total 2024 Nota ncDme and Endowments Irorn: Donations and legaclès Investment incom& Olhei income 45,017 25,089 S,WO 45,017 25.085 1,565.760 38,962 5.500 Totsl Income 75,106 75.106 1,608,222 Exp¢ndltur4 on- Raising funds Chafilable aGtivlties 121.4351 131,411 121.4351 131.411 124,5811 87,'34e Total expÈnditurÉ Gain&1105ses on inv8s1menl assets 1152,8461 107,691 1162,8461 107,e91 1111,9271 Nei inccime 29,951 29,g51 1.496,295 other recognised gains and lossÈs Olh&r gainsllosses 8.187 6.187 Nel fflovement in funds 36,138 36,138 1,496,295 Reconelliation of fund5 Toityl funds brDught forward Total funds carried lorword 2,332,567 .332,$67 B36,272 2.332.567 19 2,368,705 2,368.7Q>5 All of tlie charlll5 actlvllles derive from contlnuln9 Dp8rallons during the above Iwo period4. The notes on pa988 8 to 17 fonn an integral p2rt 01 th850 financial stalemenis. Page 6
BARB (Reglstration number.. 10312631 Bal?n¢e Sheet as at 31 OGtober2025 2025 2024 Not¢ F(xed assets Tan9ible assets Invtrstmenls 13 14 716,456 1.417.153 2.135.609 489,432 352.531 841.963 Current assets stocks Debiors Cash al bank and in h8nd 15 16 17 5S7 9.111 234,147 243,815 2 379,424 102 18,398 1.493,972 1,512.472 Total Ass¢ts 2,354 435 Current Lsabillties Creditors and accrua15 18 10.719 121.868 2,332.567 TotJl assets19ss currnt labilities 2,368.705 ol th¢ Gharity: Total fvnds 19 2,368,705 2,332,587 al stalemenls on page3 6 to 17 were approved by the tru51ee5, and aUthorid forl88ue on and signed on th¢ir èehalf by.. Mi Mark Ne Ciiaifman an The notes ON pages 8 10 17 fortn an integral part ol these Ilnanci81 statements. Page 7
BARB Notes to the Financial Statements for tho Yèar EndÈd 31 October 2025 f A¢¢ounting policies stement of C¢smpli8n¢e The '.inancial atèmens have been pPared In sc¢orOance with the $acond edition of the Charitis Slèlement of Recommenoed Pract1 i55U8d In October 2019, Ihe Financlal R¥portlng Standard 8PPpiLablp in lh9 United Kiriydgm and Republlc of Ireland IFRS 1021 and the ChaAlie5 Act 2011. Basis of PT8paratlon BARB meets Ihe definition of a wblic b?nali¢ antity under FRS 102. The accounts lflnanoal 5tsEeiMentsl have been prepared under the histDrical cost convention with items [BgnIsed 81 (nst or Ir2nsaclion value unless olh8TWIS8 Stated in Ihe rel&vanl nolelsl lo th8% accounts, The finanryal slateEntS are prepared in stèrllng which is the functional curr&ney of th& charity RognItIon of Income ItTLorne is included in the Slatenienl of Financi Aclivilie5 the Ghaiily become8 entided to the resuurces, ancj the monetary value can be maasuT8d with sufficient liabIlity- GraiJ15 and donation5 Grpi7ts and donations are uiily includ8d in the Slat8ment of Financial Aclivilie$ wh8n the genaral inGofiie crileria are meL Legacies Legacia8 are included 511 Ihe Statement of Flnandal Activities whgTh Ihe amounl notlK8d by th8 exeeulols has been received. Offsertlng Th8r& has b99n no offselliD.9 01 assets and liablllties , or income and 8XPgns8s. unlsss requirod or permiiied by FRS 102. Invesrment Income liilerest Is I,Iclud8d in the account5 whan a rec8ipt is probabla and th8 amount reGpivatrle can b• measured reliably. Liabillty reco9ni¢ion Llabiibties are recognlsed WheiE it Is rnore Ilkely thBn not that there Is a legal or constructSv8 obllo8tlon comniitting the charity to pay oul SOUr5 and the amount ol the obligation c8n bo messured wlth reabLTnable certainly- Charitable activities Clia.'l¥able ¢xpendilure CO1p[l9&s Ihvse Goslb incurred by the charlly in the delivèry Df its acllvlli05 and knervic¢$ for its b¥ne1]EirieS. It includes both cost8 that can be alloGaled dlrocty lo such aGlivitie5 1110se e051s ol an indireci nature n8cessary lo support them. Pggo 8
BARB Notes to the Financial Statements forthe Year Ended 31 October2025 (continued) Taxaiion TbE Gharity is nSidred to pass the tests S81 DUI in P8iagraph 1 Schedule 6 of the Flnance ABL 2010 ¥iio inprelore it meels Ihp ielini',ion ol a charitable cnmpany for UK corporation lax purposes. Accordingly, thg chérily Is polontially oxempl fmm taxaiion r&spèct of income or pIt gains received wilhln rAtegories eovored by Chapter 3 Part 11 01 tho Corporation Tax Act 2010 or SÉclion 256 01 the Taxat4on ol Clidl9eable Gatns Act 1992. to thè extent that such Income or gains ara applied exduslvely to charitable purpo$es. Tanslblo fixod assets Individual fixgd a559ls are initially recorded at eost, less any subsequ8nt accurnulatèd depr8ciatlon and subsequent aGGumuldiEd IrripaiTment los%es. Depre¢48tion and amtsrtlsatlon Dèpieciation Is pravid8d on tangible fix£d assets so ta write Dff the or valualkn, I&B8 any eslimated 51[lua1 value, over their expgded useful economic life a5 folluNs- Asse¢ ¢la$ Deprpciatittry metho¥d and rato 1% sliaighl line 10% straight lin8 20% Straight Sin8 25OA straight line 10-33P/o ¥lraight line 25% slraight Iln8 FixldrÈ5 Eouipment Qffice equipment HowLrGrdft & boals Motor vehidss Ftxeé asset Inv¢stments Fixpd asset invE51mÈnis. oirior ilian progr8fflme relat8d inves1rn8llts, are included at market value at Ihe Daiancè sheèt date. Reali>od gains and ID$se$ on inveslmeNs are calcula18d 85 tme dilforence bÉ>l:-IL?¢n sales proceeds ar,. rhgir market valuè al the start of the yetr, or their subsequert Bosl, and 8r£ chBfgod Dr Gredited to Ilie Statemènt of Financial A¢livilies in thtt p8rlod of dispos81. Uiir8dlised galns and 509se$ r8pres8nt the movem1 In markei values during the year and are e.dlled or charged lo the btdtement ul flnandttl AGtivitie5 based on the mathet Val atlhe yr end. 5IQ¢K Sluck Is valued al the IL)¥vei of cost and estlrnaied %lllng price less C05t5 ID cornplele 8nd sell, after due rpgard for obsoleie aiid knltiw niovlng stocks. Cost is deteirnined using the lirst-in. firsl.oul IFIFOI- Dèbiors DeLJiors (including Iratle JeJiors and loan5 receivable) Af8 measured on initial recogni*'on at sellement amount after aiiy trade dlscounts or amount advanced by thè charity. Subse4uenly, they are nieasured at the cash or other consId8ra0Th exp8¢led to be rgseived. Crèdltorg ThL' Lharity has creditors which ar9 measured at 58tllerTrenl amounts le5$ any trade discounts. Page 9
BARB Notes to the Flnancial Staternents for th8 Year Ended 31 October2025 Icontinued) 2 Income from flonatlon5 and lagacies Unrestricted funds General Totsl 2025 Le99[e5 RegJlar glvlng and c3pital dI8tIOnS Giftsl In kind 1,000 41,360 2,857 45,017 Unrestricted fund$ General 41,360 2,657 45,017 Total 2024 Lega¢ies Rttgular glvirvJ and capital LlonaliDns Gilts in kind 1,530.000 28,486 7,274 1.565,760 1,$30,000 28.486 7,274 1,565,760 J Investrnent incom8 Unr86trtct8d fvnd5 General Totsl 2025 InCom&frn dividends., Oividends reEaivalk from g)Ih8r lis18d investments Inler85t recelwable on bank deposlts iJ.I 11.983 13.106 11.983 25.089 25.089 Unipstrlcted funds Genernl TDtHI 2P24 In19t8st recelvable on baik dEPOSitS 36.962 36.962 Page 10
BARB Notes to the Flnanclal Statements for the Year Ended 31 October 2025 Icontinuod) 4 Other inGome UnrestriGt¢d fund5 General Totsl 2025 Rental incomè 5.000 5.000 Unrostrlcled fvnd$ Cener81 Totol 2024 Grants Rental incrlng 500 8.000 500 5.000 5.500 5.500 5 Expenditur• on raising lund5 al Cost$ of g•nwating d(Jn¥tion5 and l*gaGle8 Unrèstricted funds General Total 2025 Fup.draiwng ¢tssts Maikeling and publicity 11.801 9,634 21,435 11,801 9,634 21,435 UnrÈstri¢tad funds G&neral Total 2024 Fuiiilrasing costs Markeling and publlclty 2.849 21,732 24.581 2,849 21.732 24.581 Page 11
BARB Notes to the Flnancial Statements for the Year Ended 31 October 2025 leontinued} 6 ExpenditurE on charitsbltr 8Ctlvltl88 Unre5trtctèd fvnds GenoTa5 Total 2025 Not? CharitaL4e actlvitie5 Alloidted suppgrt Gosts 120,768 30.643 120,768 10,643 131,41? 131,411 Unrestrfcted funds G¢ner31 Total 2024 Note Chafltable acttvities Allaled suppori ¢031s 80,919 6.427 87,346 80,919 6,427 87,346 7 Anatys15 of 8UPPOrt costs support ¢tssts allocattd to charltsblo aetlvitle$ Totsl 2025 Total 2024 Audil lees AcLuuritancy fees OffiLLJ costs 2,500 2,232 5,911 5,000 824 603 10,043 8,427 Net inGuminglout90iog resour¢B$ Nel luutgoingllincomin9 resource5 IDr the ygar Includ8'. 2025 2024 Profi; dlspogal ol tangiblè fixed assèt5 11,500) Page 12
BARB Notes to tho Financial Statements for the Year Ended 31 October 202S l¢ontinuedl 9 Trustees r•muneration arTrd oxpensès No Itustees. nor any per5uns connected with Ihem. have receNed any muneration from the charity during tha yeap. No tru8tees have reGeived any reimbursed expense5 or any other benefits ffom the Gharlty during the year. 10 staff costB No ernployees received employee benefits forth£ feportins pgriod. 11 Fee5 for examination of the accounts 2025 2024 Accountancy fee 2.232 12 Auditors. rèmuD?ration 2025 2024 Audit tsf the fln8nclal statements 2.500 5.000 Page 13
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BARB Notes to the Financial Statements for thè Year Ended 31 October 2025 {¢ontinuedl 14 Investments Non4urrent Ifnancial 4sS¢t$ Quoted Inve5tment5 gst o¥ Valuatlon Al 1 Novwbgr 2024 Revaluallcn Ad¢Jiligns 352.531 107,691 gS6.931 1,417,1S3 1,417,163 352,531 107,691 956,g31 Al 31 Octobèr2025 Nèt b(tok valuè Al 31 October 2025 1,411.153 1.417,1S3 3S2 352.S31 a31 At 31 O¢ttheT 2024 15 SID¢k 2025 Stocks 557 102 16 D¢l>tor¥ 2025 2024 Prppaym8rts 9.911 17 C86h and cash gquivalonts 2025 2024 Cssh on hand Cash al bynk 105 234,042 116 1,493,856 1,493.972 234,147 Pag¢ 15
8ARB Notes to the Financial Stat¢m¢nts forthe Year Ended 31 October2025 (continued) 18 Cr&ditors= amounts falling due wlthln on* year 2025 2024 '.ade creditor5 AGcru&S 120 120 21,748 21,868 10,719 19 Fund5 Balance at 1 November 2024 Balan¢e at 31 October 2025 In¢oming r9soues Re6ourctrs expended Unre5trict8d funds General 2.332,587 76,466 140.3271 2 368,705 Balance at 1 Nov8mbÈr 20T3 Balantte at 31 October 2024 Incomlng resoLErces Resources expended Unrestrict8d funds General 836,272 1,6U7.664 1111,369 2,332,567 Pe 16
BARB Notes to the Financial Statements forthè Year Ended 31 O¢tober2025 Icontinued) 20 Analysis ol net assets betWeEn funds Totsl funds at31 October 2025 Unrèstricted funds General Tangible lixBd assets Fixed A55el Investmenls Current assets Current liabilities 718.450 1,417,153 248.815 110.7191 2,368,705 718,456 1.417.153 243.515 110.719 2,368,705 Toldl n81 a55ets Tolal fvnd5 at31 October 2024 .UnrgstriGt¢d funds General TangiDlè fiKed asset5 Fixed asset inve51menls Curienl assèts Curienl liabilllles 489.432 352,531 1,512,472 21.86a 489,432 352,531 1,512,472 21. roial E7è1855ets 2.332,567 2,332.567 21 TransACtions wlth related party ThprÈ wgr8 no relatgd party Ir2nsacliDn$ In thg year. Page 17