“gedey| CHARITY COMMISSION J FOR ENGLAND AND WALES
Trustees’ Annual Report for the period
From 01/01/2023 Period start date To 31/12/2023 Charity name: West Wales Maritime Heritage Society
Period end date
Charity registration number: 1042428
Objectives and Activities
| Objectives and Activities | Objectives and Activities | Objectives and Activities | ||
|---|---|---|---|---|
| Ts 0rere Summary ofthe purposes of |
Para 1.17 the charityas set out in its governingdocument |
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| Summary ofthe main activities in relation tothose |
Aer 1.17and | The rebuilding and restoration ofWooden Boats, including the Charterhouse |
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| purposes for the public benefit, in particular, the activities, projects orservices identified in the accounts. |
LifeboatProject. Establishing and maintaining ourMuseumwhich hasnow gained full accreditation. Establishing relationships with the local community andschoolstopromotetheMaritime history fthe area. |
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| Statement confirming |
whetherthetrustees have | Para 1.18 | ||
| had regard to the guidance | guidance on public benefit | |||
| issued by the Charity | ||||
| Commission on public | ||||
| benefit | ||||
| Additional information (optional) | ||||
| You may choose to include further statements where relevant about: PT 8Reference Para 1.38 |
||||
| . . |
Policy on grant making | |||
| Policyon social investment including programrelated investment |
Para 1.38 | |||
| We are grateful forthe many hours | ||||
| Contribution made by volunteers |
Para1.38 | volunteers, includingmembervolunteers, havespentlistening andencouragingour membersandworkingwiththegeneral publicwho visitourmuseum. Without |
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| this valuable contribution oftime, energy and expertisewewould nothave been |
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| abletoachievesomuch. |
|| | es|
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| Other
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Achievements and Performance
sree] | | TheinsightMuseum to the andlocalBoatyardhistory ofprovides an || | Boatbuilding by providing information | Summary of the main Para 1.20 and giving tours to members of the | achievements of the charity, General Public both local and identifying the difference the holidaymakers. The more Holidaymakers i Charity’s work has made to we attract, the more benefit to the local | | the circumstances of its economy. By attracting more local | beneficiaries and any wider members to the Society, we help to | | benefits to society as a preserve the Maritime Heritage of the | whole. area for future generations. | Since re-opening after the Covid | Pandemic, we have seen visitor numbers | fullincrease accreditation.and our Museum Year on yearhas visitorachieved || positive feedback on websites such as | numbers have increased greatly with only | Trip Advisor, Google and Facebook. Trip | Advisor have awarded usa certificate | | confirming we are in the top 10% visitor | attractions, worldwide. An increasing | number of visitors are from the local | membersarea, whichbeing has recruited.resulted in more |
Additional information (optional) You may choose to include further statements where relevant about:
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|---|---|---|---|---|
|||Achievements against|Para 1.44|||
|||objectives set|||
||||
||Performance|of fundraising|
|activities|against objectives|||Para|1.41|
|||set|||
|||||
|Investment|performance|Para|1.41|
|against|objectives|
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|oo|
|| Other|||
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Financial Review
||
||Reviewofthe charity's
financial position attheend
ofthe period|Para 1.21||Cash atbank at31/12/2023was£67,810 in
unrestricted funds.Themainfinancial risktothe
| charity is lossoffundingfrom grantapplications
and reduced donations. Thefunds are held to
coveratleast12monthsoperational costs inthe||
'
||
|---|---|---|---|---|---|
|||||event of a loss ofincome and to meetany||
|||||unforeseen expenditure that may occur.||
|||Staternent explainingthe|Para 1.22||| Forfuture operating expenditure.||
||policy for holding reserves|||||
||stating why
they are held|||||
|||Reasonsforholdingzero
reserves
ee|Para 1.22
ae|ee|eee
a
2||
||deficit|||||
||Explanation ofany|Para 1.23||Ifwe fail to continue to attractnew|||
||uncertainties about the|||members and visitors, itwould be||
||charity continuing as a going|||difficultto continue aswe currently||
|;|concern|||cperate.||
||Additional information (optional)|||||
||You may choose to include further statementswhere|||where relevant about:||
||
||Thecharity's principal
sources offunds (including
anyfundraising)|| Pata 1-47||Main funding comes from Donations from
visitors,Memberssubs,Rentalfrom
moorings intheboatyard, grantsana
holding fund raisingeventsthroughout
theyear.||
=|
||
||||||||
||
||Investment policy and
objectivesincludingany
social investment policy|Patetae||||
||
||adopted|||||
||||||Lack ofnew volunteers could bea||
|||||problem in future.||
||A description ofthe principal|| Para 1.46||||
||risks facing the charity||||||
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||Other||||||
Structure, Governance and Management
||
|
|
||Description ofcharity’s
trusts:
Typeofgoverningdocument | Para1.25
How isthecharity
Para1.25
constituted?|Description ofcharity’s
trusts:
Typeofgoverningdocument | Para1.25
How isthecharity
Para1.25
constituted?||
||N/A
PrivateCompany limitedbyguarantee,
exemptundersection30||
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|
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|---|---|---|---|---|---|
||Trustee selection methods|Para 1.25||Trustees are appointed or reappointed||
||including details ofany|||annually at||
||constitutional provisions e.g.|||the Annual General Meeting held in||
||election to post orname of|||March|||
||any person orbody entitied||||||
||toappointoneormore
trustees|||||||
Additional information (optional) You may choose to include further statements where relevant about:
Policies and procedures | adopted for the induction and | Pa 1.51 training of trustees Thestructure charity'sand organisationalany wider Para 1 | | network with which the , | | charity works | Relationship with any related | para 1.51 | | parties | | | Other | es
Reference and Administrative details
|||Charity name||WestWales Maritime Heritage Societ:| |---|---|---|---| ||Othername the charity uses||| |||Registered charity|number|1042428| ||Charity’s principal|address|Hancocks Yard, Front Street, Pembroke Dock,| |||||Pembrokeshire,SA726JY|
Names of the charity trustees who manage the charity
1 | Chris Barlow Chairman 18/03/2024 CidSSCSCSCSC~SCS 2|Phiip Jones [Teaswer | 3[Ph i pColins | Secrtay |[—SS—~—C~C~dCSC<CS~CS;<;‘<S] 4[MalcomBrown |—=—=S~S~iOOA|Cd s|DavidMilars |—~=~S~S~srITOWBOBS| 6 | | DG Bp a 10 11 12 13 14 15 16 17 18 19 20
Corporate trustees — names of the directors at the date the report was approved
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Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
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a
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Funds held as custodian trustees on behalf of others Description of the assets held in this capacity
| Name and objects of the | charity on whose behalf the assets are held and how this falls within the custodian | | charity's objects | | Details of arrangements for safe custody and segregation of such assets | from the charity’s own assets | Deeeeee ea ee|
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser | i[r]
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disciosure
PoReason for non-disclosure of key personnel details |
|
Other optional information
ee
|[|]
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees . ‘ i 8 ZL sommes] [Eat od | Full name(s); C, {_ BA R LO W/ F/tey P coltey 7st Position (eg Secretary, Chair, etc) CHA An’ SEche TYVWLI Date Af
[aE oe , | CHARITY COMMISSION| Independent examiner's | FOR ENGLAND AND WALES report on the accounts
Section A
Independent Examiner’s Report
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Report to the trustees/
members of | West Wales Maritime. Heritage Society.
accounts for the year the year year | December 2023 2023 Charity no | 1042428
ended (if any)
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On accounts for the year the year year | December 2023 2023
ended
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Set out on pages | 1,2,3,4
| 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 preparation basis of report 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 out my examination, | have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent | have completed my examination. | confirm that no material matters have examiner's statement come to my attention (other than that disclosed below *) 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 130 of the Act or e the accounts do not accord with the accounting records
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn 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.
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Signed: — in Date:| 4/7/2024
Ww,
Relevant professional Fiaisw [NsrmyTe oF CHW ROPETS Mossed
qualification(s) or body Inn ENCLANY 4+ WALES
(if any):
bereitsth ae gnnameremcemnranomnennn
Address: a2 LA S Srecer
Pemanckie Dock
S472 DQ
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IER
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1
October 2018
Section B
Disclosure
Only complete if the examiner needs to highlight 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.
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|
|
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ee |
IER
2
October 2018
WEST WALES MARITIME HERITAGE SOCIETY
ACCOUNTS
YEAR ENDED 31 DECEMBER 2023
Company Number: 2611959 Charity Number: 1042428
Page 1 of 4
‘
INCOME & EXPENDITURE ACCOUNT
YEAR ENDED 31 DECEMBER 2023
;
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||||||||
|---|---|---|---|---|---|---|
|2022|
|£.|&|£|£|
|INCOME|
|Weish Gavemment Grant|9,000|3,500|
|Museum|Donations|4,801|3,606|
|Boat Storage|3,902|3,570|
|Subs|2,987|3,145|
|Investment|Trust|2,000|0|
|Gift Aid|1,408|274|
|Museum|Sales|988|514|
|PCC Business Grants|873|15,500|
|Charities|Trust|775|765|
|River Rally|680|650|
|Car Boot and Jumble|§11|[e]|
|Escape|Boat|340|G|
|Mitford Haven|Port Authority|320|0|
|Classic Cars|306|324|
|Saundersfoot|Rotary|200|0|
|Rotary Club|126|6|
|PDTC|Charter|0|5,000|
|Social|Enterprise|0|5,000.|
|Ruth|Thomas|0|970|
|Tom|Cunliffe|8]|690|
|Rod|Maicotm|0|$00|:|
|Tesco|Grant|0|500|
|Brewery|Inn|8}|400|
|Vintage|Motorcycles|8)|242|
|Pembroke|Dock|Town|Team|0|,|100|
|Misc.|Credits|0|82|
|General|Funding|28,907|45,352|
|Interest Received|2,363|0|
|EXPENDITURE|
|Equipment/Toals/Paint|3,597|6,469|
|Fuel/Power/Water|1,429|577|
|Rent/insurance/Fees|2177|2,107|
|Building|Repairs|1,616|0|
|Museum Expenses|1,621|662|
|Events/Publicity|374|4,034|
|Telephone|and|intemet|338|0|
|Office|sundries|516|70|
|Depreciation|6,569|4,393|
|-18,237|~15,312|
|Surplus for the year|13,033|30,040|
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:
Approved by Board of Trustees:
orPal.[sn] r S Poe Corei’sshi pew ¢ sbfrory EEO ESTEE CIN NR RIESE HERR EESERELIRS ITS SES ENE RE TEES Names Date
Page2 off 4
WEST WALES MARITIME HERITAGE SOCIETY
BALANCE SHEET
YEAR ENDED 31 DECEMBER 2023
| 2022 | |||||
|---|---|---|---|---|---|
| Notes | £ | E | £ | £ | |
| FIXEDASSETS | 1 | 64,809 | 65,704 | ||
| CURRENTASSETS | |||||
| Stock | 1,086 | 81 | |||
| Debtors | 1,396 | 495 | |||
| Bank and Cash | 2 | 67,810 | 56,035 | ||
| 70,292 | 56,311 | ||||
| CURRENT LIABILITIES | |||||
| Other creditors and accruals | -570 | -517 | |||
| -570 | -517 | ||||
| NETCURRENTASSETS | 69,722 | 55,794 | |||
| TOTAL NETASSETS | 134,531 | 121,498 | |||
| Represented by: | |||||
| Reserves | 3 | 134,531 | 121,498 |
Page 3 of 4
WEST WALES MARITIME HERITAGE SOCIETY
NOTES TO THE ACCOUNTS
YEAR ENDED 31 DECEM@ER 2023
- FIXED ASSETS
| FIXED ASSETSASSETS | |
|---|---|
| NetBookValue Depreciation Disposals 1 January2023 Chargeforyear £ £ £ |
Additions NetBookValue 31 December2023 £ £ |
| OutboardMotors 1,084 -108 Mooring 1 3) Trailers 306 -30 VHFRadios/Lifejackets 139 14 Projectors/Laptops/Printers 1,577 -158 MuseumDisplayScreens 262 -26 WorkshopTools 1,535 -153 LuggerHeritage 29,525 -2,952 BoatsUnderRestoration (nominal 1 0 LochMelfort 5,430 513 Additionsin2022 26,147 -2,815 Additionsinyear: Buildingimprovements Tootsandequiprnent Orinoko engine Total 65,704 6,569 6 raneanchinensis |
973 1 276 125 1,419 236 1,382 26,573 1 4,617 23,532 0 4,402 4,402 772 772 500 500 5,674 64,809 tenavalseanwenenctwrenrennenanne |
Depreciation is charged on the reducing balance method at the following rate: 10%
- BANK ANO CASH
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2023 2022
Current £ £
COIF account 11,290 25,863
Reserves Acct. 56,311 20,678
67,601 46,544
Petty Gash 209 4
Balance carried forward 67,810 46,537
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3. RESERVES
£
Balance brought forward 121,498
Surplus for year 13,033
Balance canied forward 134,531
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Page 4 of 4
[aE oe , | CHARITY COMMISSION| Independent examiner's | FOR ENGLAND AND WALES report on the accounts
Section A
Independent Examiner’s Report
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Report to the trustees/
members of | West Wales Maritime. Heritage Society.
accounts for the year the year year | December 2023 2023 Charity no | 1042428
ended (if any)
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On accounts for the year the year year | December 2023 2023
ended
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Set out on pages | 1,2,3,4
| 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 preparation basis of report 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 out my examination, | have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent | have completed my examination. | confirm that no material matters have examiner's statement come to my attention (other than that disclosed below *) 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 130 of the Act or e the accounts do not accord with the accounting records
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn 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.
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Signed: — in Date:| 4/7/2024
Ww,
Relevant professional Fiaisw [NsrmyTe oF CHW ROPETS Mossed
qualification(s) or body Inn ENCLANY 4+ WALES
(if any):
bereitsth ae gnnameremcemnranomnennn
Address: a2 LA S Srecer
Pemanckie Dock
S472 DQ
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IER
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1
October 2018
Section B
Disclosure
Only complete if the examiner needs to highlight 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.
----- Start of picture text -----
|
|
----- End of picture text -----
ee |
IER
2
October 2018
WEST WALES MARITIME HERITAGE SOCIETY
ACCOUNTS
YEAR ENDED 31 DECEMBER 2023
Company Number: 2611959 Charity Number: 1042428
Page 1 of 4
‘
INCOME & EXPENDITURE ACCOUNT
YEAR ENDED 31 DECEMBER 2023
;
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||||||||
|---|---|---|---|---|---|---|
|2022|
|£.|&|£|£|
|INCOME|
|Weish Gavemment Grant|9,000|3,500|
|Museum|Donations|4,801|3,606|
|Boat Storage|3,902|3,570|
|Subs|2,987|3,145|
|Investment|Trust|2,000|0|
|Gift Aid|1,408|274|
|Museum|Sales|988|514|
|PCC Business Grants|873|15,500|
|Charities|Trust|775|765|
|River Rally|680|650|
|Car Boot and Jumble|§11|[e]|
|Escape|Boat|340|G|
|Mitford Haven|Port Authority|320|0|
|Classic Cars|306|324|
|Saundersfoot|Rotary|200|0|
|Rotary Club|126|6|
|PDTC|Charter|0|5,000|
|Social|Enterprise|0|5,000.|
|Ruth|Thomas|0|970|
|Tom|Cunliffe|8]|690|
|Rod|Maicotm|0|$00|:|
|Tesco|Grant|0|500|
|Brewery|Inn|8}|400|
|Vintage|Motorcycles|8)|242|
|Pembroke|Dock|Town|Team|0|,|100|
|Misc.|Credits|0|82|
|General|Funding|28,907|45,352|
|Interest Received|2,363|0|
|EXPENDITURE|
|Equipment/Toals/Paint|3,597|6,469|
|Fuel/Power/Water|1,429|577|
|Rent/insurance/Fees|2177|2,107|
|Building|Repairs|1,616|0|
|Museum Expenses|1,621|662|
|Events/Publicity|374|4,034|
|Telephone|and|intemet|338|0|
|Office|sundries|516|70|
|Depreciation|6,569|4,393|
|-18,237|~15,312|
|Surplus for the year|13,033|30,040|
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:
Approved by Board of Trustees:
orPal.[sn] r S Poe Corei’sshi pew ¢ sbfrory EEO ESTEE CIN NR RIESE HERR EESERELIRS ITS SES ENE RE TEES Names Date
Page2 off 4
WEST WALES MARITIME HERITAGE SOCIETY
BALANCE SHEET
YEAR ENDED 31 DECEMBER 2023
| 2022 | |||||
|---|---|---|---|---|---|
| Notes | £ | E | £ | £ | |
| FIXEDASSETS | 1 | 64,809 | 65,704 | ||
| CURRENTASSETS | |||||
| Stock | 1,086 | 81 | |||
| Debtors | 1,396 | 495 | |||
| Bank and Cash | 2 | 67,810 | 56,035 | ||
| 70,292 | 56,311 | ||||
| CURRENT LIABILITIES | |||||
| Other creditors and accruals | -570 | -517 | |||
| -570 | -517 | ||||
| NETCURRENTASSETS | 69,722 | 55,794 | |||
| TOTAL NETASSETS | 134,531 | 121,498 | |||
| Represented by: | |||||
| Reserves | 3 | 134,531 | 121,498 |
Page 3 of 4
WEST WALES MARITIME HERITAGE SOCIETY
NOTES TO THE ACCOUNTS
YEAR ENDED 31 DECEM@ER 2023
- FIXED ASSETS
| FIXED ASSETSASSETS | |
|---|---|
| NetBookValue Depreciation Disposals 1 January2023 Chargeforyear £ £ £ |
Additions NetBookValue 31 December2023 £ £ |
| OutboardMotors 1,084 -108 Mooring 1 3) Trailers 306 -30 VHFRadios/Lifejackets 139 14 Projectors/Laptops/Printers 1,577 -158 MuseumDisplayScreens 262 -26 WorkshopTools 1,535 -153 LuggerHeritage 29,525 -2,952 BoatsUnderRestoration (nominal 1 0 LochMelfort 5,430 513 Additionsin2022 26,147 -2,815 Additionsinyear: Buildingimprovements Tootsandequiprnent Orinoko engine Total 65,704 6,569 6 raneanchinensis |
973 1 276 125 1,419 236 1,382 26,573 1 4,617 23,532 0 4,402 4,402 772 772 500 500 5,674 64,809 tenavalseanwenenctwrenrennenanne |
Depreciation is charged on the reducing balance method at the following rate: 10%
- BANK ANO CASH
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2023 2022
Current £ £
COIF account 11,290 25,863
Reserves Acct. 56,311 20,678
67,601 46,544
Petty Gash 209 4
Balance carried forward 67,810 46,537
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3. RESERVES
£
Balance brought forward 121,498
Surplus for year 13,033
Balance canied forward 134,531
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Page 4 of 4