CHARITY COMMISSION FOR ENGLAND AND WALES Trustses, Annual Report for the period From 0110112021 Period start date To 3111212021 Charity name: West Wales marlts.me Heritage Soclety Charity registration number. 1042428 Objectives and Activities Peri¢xl end date Summary of the purposes of the chartty as set out in its goveming document Summary of the main activibes in relation to those purposes for the public benefft, in particular, the activities, projects or services identrfied in the accourrts. Statement confiming whether the trustees have had regard to the guidan issued by the Charity Commission on public benefft Pwa1.17 The promotion of education of the General Public In Maritime History and the preservation of Vessels, Buildlngs and sites of local historical interest The rebuilding and restoration of Wooden Boats. including the Charterhouse LFfeboat Project Establishing and malntaining our Museum whilst working towards Accredltation. Estsblishing the Boat as a visitor attraction The trustses have had regard to the Charity Commlsslon's guidance on public benefft Pora 1.17 ar*1 Pwa 1.18 Additional infomiation (optional) You ma choose to indude further statements where relevant about: SORP refererKe Policy on grant making P8m fAe Policy on s(h2al investment including program related investment Para 1.38 We are grateful for the many hou voluntsers, Including member volunteers, have spent listening and encourdglng our members and working with the general public who vlsit our museum. Wrthout this valuablft contribithn of time. energy and expertise we would not have been able to achieve so much. Contribution made by volunteers P¥• 1.38 Other Achievements and Perfomiance The Museum and Boatyard provldes an Inslght to the local history of Boatbuilding by providlng inforniadon and giving tourn to members of the General Public both local and holidaymakers. The more Holidaymaker5 we attrart the more benefft to the local economy. By attrdctsng more local members to the Society, we help to preseNe the Maritime Heritage of the aTra for fu￿re generations. Since re4>pening after the Covld Pandemic, we have seen visitor numbe increase and our Museum is working towards full accredttation. Summary of the main achievements of the charity, identifying the d[fferen￿ the charitys work has made to the circumstanos of tts benefictaries and any wtder benefrts to SOC4ety as whole. P•a 120 Additlonal inforniatlon (optional You ma choose to indude further statements where retevant about.. Achievements against obj'ectives set P*a 1.41 PerfO￿an￿ of fundraising activities against objectives P¥• 1.41 Investment perfonnance against objectives Para 1A1 Other Financial Review Review of the charivs finanoal positK)n at the of the period Pva121 Cash at bank at 31/12/2021 was £25,862k in unrestricted funds. The main financial risk to the charity 15 loss of funding from grant applications and reduced donations. The fund5 are held to cover 12 months operational costs in the event of a loss of income and to meet any unforeseen expenditure that may occur. For fuknre oporatlng expenditure. Statement exptaining tk policy for holding rese￿￿5 statin wh the are held Amount of ￿seNeS held Reasons for holding zero reserves Details of fund materially in deficit Explanatron of any unortainttes about the chanty continuing as a going COn￿M Pwa ia Para 122 Pwa122 £20.678 124 Not Applicable Pwa123 If we fail to continue to attract new member5, it would be dlfficult to contlnue as we currenty operate. Additional inforniaoon (opdona You ma choose to inctude further statements where relevant about.. Main fvnding comes from Donations from visitors. Members subs, Rental from moorings in the boatyard, grants and holding events throughout the year. The charity's principal sources of funds (induding any fundraising) Pala 1.47 InvestffEnt policy and obiecttves in¢fuding any social investment policy adopted Para 1.46 A description of the principal risks facing the chanty Par8 1.46 Other Structure. Governance and Management Description of chartlys NIA trusts.. Type of goveming d￿rr￿nt Parj 125 How is the charity constituted? P￿al25 Prlvats Company limited by guarantee. exempt under sectlon 30 Trustee selection methods induding details of any conslitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Paa125 Trustees are appolnted or reappointed annually at the Annual General PAeeting held in March Additional infomiation (Optional) You ma choose to indude further statements where retevant aboLrt". Policies and prowlures adopted for the induction and traning of trustees Pwa 1.51 The charity's organisattonal structure and any wider network with whtth the charity works P￿a 1.51 Relationship with any related parties 1.51 Other Reference and Administrative details Chaiit name Other name the cha ' uses istered cha number Chanty's principal address West Wales Maritime Herita e So 1042428 Hanc(th Yard, Front Street, Pembroke DcKk, Pembrokeshire. SA72 6JY Names of the charity tntstee5 who manage the charity Truste• name (hTre (rf4ny) Cha'man Treasurer Peter Kraus Philip Jones Philip Collins Neil Brown Stuart Asman Chris Mansell Stephen Pre Brian Ffjng Name of person (or body) •ntitl•d int trustee 2510412022 2510412022 2510412022 10 11 12 13 14 15 16 17 18 19 20 rate trustees- names of the directors at the date the (lireetor rt4me rtwasa Name of trustees holding titb to property bek>nging to the (knrity Truste• name Funds held as custodian trustees on behalf of others Description of the ass held in thÈs capaoty Name and objects of the chartty on whose behalf the assets are held and how this falls wrthin the custodian charitys objects Details of arrangements for safe custC¥Yy and segregation of such assets from the tharivs own assets Addltional information (optional) Names and addresses of advisers (Opknal Inforniationl Type of Name Address adviser Name of chief executive or names of senior staff member5 (Optional Infomiation) Exemptions from disclosure Reason for non4isdosure of ke rsonnel detaits Other o tional information Declarations The trustees declare thatthey have approved the trustees. report al)ove. Slgned on behalf of the chaiity's trustees Slgnaturels) Full name(s) Posiuon (og Secretary, Chair. etc) Al￿ff /?/,. /￿tL ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** **Report to the** Charity Name WEST WALES MARITIME HERITAGE SOCIETY **trustees/directors/ members of On accounts for the year** 31 December 2021 **ended Charity no.:** Company no.: 1042428 02611959 **Set out on pages** 1,2,3,4 (remember to include the page numbers of additional sheets) I report to the charity trustees on my examination of the accounts of the Company for the year ended **DD / MM / YYYY** 31/12/2021 . **Responsibilities and** As the charity’s trustees of the Company (who are also the directors of the **basis of report** company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”). Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act. **Independent** [Th ~~e company’s gross income exceeded £250,000 and I am qualified t~~ o **examiner's statement** ~~undertake the examination by being a qualified member of [insert name o~~ f ~~applicable listed body]]. Delete [ ] if not applicable~~ . I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) which gives me cause to believe that: • accounting records were not kept in accordance with section 386 of the Companies Act 2006; or • the accounts do not accord with such records; or • the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or •the accounts have not been prepared in accordance with the Charities SORP (FRS102). **October 2018** 1 **IER** I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. * _Please delete the words in the brackets if they do not apply._ **Signed: Date:** 10 October 2022 **Name:** Mark David Jordan **Relevant professional** Fellow of The Institute of Chartered Accountants in England and Wales **qualification(s) or body (if any):** **Address:** 93 Laws Street, Pembroke Dock, Pembrokeshire SA72 6DQ ## **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . **October 2018** 2 **IER**