Charity Registration No. 1071680
Company Registration No. 03609532
BRIGHTON SEAFRONT HERITAGE TRUST LIMITED
(LIMITED BY GUARANTEE)
REPORT AND ACCOUNTS
YEAR ENDED 31 DECEMBER 2024

BRIGHTON SEAFRONT HERITAGE TRUST LIMITED
(LIMITED BY GUARANTEE)
LEGAL & ADMINISTRATIVE INFORMATION
Trustees {all of whom are dirertors)
Mr A Briault
Mr R Leighton
MrPASugg
Charity number
1071680
Company number
03609532
Registered office
201 Kings Road Arches
Brighton
East Sussex
BNI INB
Independent Examiner
TCGroup
The Courtyard
Shoreham Road
Upper Beeding
Steyning
West Su55ex
BN44 3TN
Bankers
CAF Bank Limited
Kings Hill
West Malling
ME19 4JQ

BRIGHTON SEAFRONT HERITAGE TRUST LIMITED
(LIMITED BY GUARANTEE)
CONTENTS
Page
Trustees Report
Statement of Trustees, Responsibilities
Independent Examinerfs Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
7-14

BRIGHTON SEAFRONT HERITAGE TRUST LIMITED
{LIMITED BY GUARANTEE)
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 DECEMBER2024
The trustees are pleased to share their report and the financial statements for the year that concluded on 31
December 2024.
These accounts have been prepared in alignment with the accounting policies mentioned in note l of the
accounts and are in compliance with the charitys governing document, the Companies Act 2006. and
Accounting and Reporting by Charities- Statement of Recommended Practice" applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 1021 las revised for accounting periods commencing from l January 20161
Objectives and Artivities
The Brighton Seafront Heritage Trust primarily aims to foster the arts. culture, and heritage of the Fishing
Quarter1194 to 208 Kings Road Arche5, paved forecourt) and it5 nearby vicinity in Brighton. To achieve these
objectives as a voluntary association with no paid staff. it carries Out the following:
Facilitates and manages accommodation for Brighton Fishing Museum (Arches 200 and 2011 that
remains open all-year-round with free access.
Maintains two workshops. A woodworking workshop {Arch 2051 for boat repair and the creation of
display cases and stands commemorating the culture and heritage of the Fishing Industry, and a metal
workshop (Arch 2061 for the conservation, repair, and rebuilding of vintage marine engines.
Provides and maintains the Fishing Quarter Gallery (Arch 203) for local emerging artists to exhibit and
sell their work to a diverse audience at a nominal percentsge of the selling price.
Supplies a covered traditionally-seated venue (above Arch2CKJ). and the outside paved forecourt for the
annual Mackerel Fayre and other outdoor activities.
Offers fully maintained restroom and washing facilities, inclusive of a shower for the use of the Fishing
Quarter's occupants and volunteers.
Rents out commercial accommodation forthe sale of fish {Arch 2021,a coffee shop IArches 195 and 1961
retail space for selling fish-related products (Arches 197and 2071, and other businesses (Arches 194 and
1981
The rental income balance la portion of which is directed to landlord Brighton and Hove City Council) is
used to accomplish our objectives, and annually maintain the structure of the Fishing Quarter.
The tru5tee5 have taken into account guidance issued by the Charity Commission while deciding the activitie5 to
be undertaken by the charity.

BRIGHTON SEAFRONT HERITAGE TRUST LIMITED
{LIMITED BY GUARANTEE)
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 DECEMBER2024
Achievements and Performance
The 2023 deficit was reversed and. as anticipated, the Trust enjoyed a surplus of £14,183 in 2024.
Since l January 2024, all rent due fortenants has been collected monthly in advance without payment of agent
fees.
Structure, Governance and Management
The charity is a company limited by guarantee. None of the trustees has any beneficial interest in the company.
All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
The company registered as a charity on 12 December 2006.
The trustees, who are also the directors forthe purpose of company law. and who served during the year were..
Mr A Briault
Mr R Leighton
Mr PASugg
Trustees are recruited from member5 of the local community, and trained as required.
The Chair, with any two trustees, has the delegated power on the dayto day decisions on behalf of the Trust
and reports to the other trustees. At any time, major and/or formal decisions are dealt with by calling a Special
Meeting of the Trust. There were no such meetings in 2024.
The trustees, report was approved by the Board of Trustees on 22 September 2025
Mr A Briault Trustee & Chairman

BRIGHTON SEAFRONT HERITAGE TRUST LIMITED
StATEMENT OF TRUSTEES, RESPONSIBILITIES
The Trustees, who are also the Direttors of Brighton Seafront Heritage Trusts Limited for the purpose of
company law, are responsible for preparing the Trustees, Report and the accounts in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
Charity law requires the Trustees to prepare accounts for each financial year which give a true and fair
view of the state of affairs of the Charity and of the incoming resources and application of resources,
including the income and expenditure. of the charitable company for that year.
In preparing these accounts. the Trustees are required to-
select suitable accounting policies and then apply them consistently:
observe the methods and principles in the Charities SORP-
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements- and
prepare the accounts on the Eoing concern basis unless it is inappropriate to presume that the
Charity will continue in operation.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the financial position of the Charity and to enable them to ensure that the financial
statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of
the Charity and hence taking reasonable steps for the prevention and detection of fraud and other
irregularities.
The Trustees are responsible forthe maintenance and integrity of the corporate and financial information
included on the Charity's website. Legislation in the United Kingdom governing the preparation and
dissemination of financial statements may differ from legislation in other jurisdictions.

BRIGHTON SEAFRONT HERITAGE TRUST LIMITED
INDEPENDE￿ EXAMINER'S REPORT
TO THE TRUSTEES OF THE BRIGHTON SEAFRO￿ HERITAGE TRUST LIMITED
I reportto the trustees on my examination of the accounts of the charitable companyfortheyear ended 31 December
2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Att 2011 ('the Act,).
Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of
the 2006 Act and are eligible for independent examination. I 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 I have followed all the
applicable Directions given by the Charity Commission under section 14515llbl of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with
the examination giving me cause to believe that in any material respect-
I have no concerns and have come across no other matters in connertion 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.
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act,. or
2. the accounts do not accord with those records- or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Prartice for accounting and reporting by charities lapplicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FR5 1021].
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.
Mrs Sarah Johnson
for and on behalf of TC Group
The Courtyard
Shoreham Road
Upper Beeding
Steyning
West Sussex
BN44 3TN
Dated: 25 September 2025

BRIGHTON SEAFRONT HERITAGE TRUST LIMITED
(LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL AcfiviTIES
FOR THE YEAR TO 31 DECEMBER 2024
Restrirted funds
2024
Unrestrirted funds
2024
Total
2024
Total
2023
Income from:
Notes
Donations and legacies
5,582
5,582
4,854
Charitable activities
53,182
53,182
50,754
Investment income
42
Total income
58,802
58.802
55,650
Expenditure on:
Charitable activities
74,469
Net intomellexpenditurel
12,258
12,258
118,8191
Net movernent in funds
12,258
12,258
13
118,8191
Reconciliation of fund5:
Total fund balances at I
January 2024
177,000
32,540
209,540
228,359
177.0(Xl
44,798
221,798
209,540
Total fund balonces at 31
December 2024
13
The charity has no recognised gains or losses other than the surplus for the financial year.
The Notes on pages 21 to 28 form part of these financial statements.

BRIGHTON SEAFRONT HERITAGE TRUST LIMITED
(LIMITED BY GUARANTEE)
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Notes
Fixed Assets
Tangible assets
Heritage assets
18,557
177,0(10
20,482
177,000
10
195,557
197,482
Current Assets
Debtors
11
2.681
25,180
27,861
12,400
1,278
13,678
Cash at bank and in hand
Current Liabilities
Creditors- amounts falling within one year
12
(1,620)
11,6201
Net Current Assets
26,241
12,058
Total Net Assets
221,798
209,540
Charityfunds
Restricted funds
13
177,000
44,798
177,000
32,540
Unrestricted funds
13
Total funds
221,798
209,540
For the financial year ended 31 December 2024 the company was entitled to exemption from audit under sertion
477 of the Companies Att 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respert to
accounting records and the preparation of financial statements.
The members have not required the companyto obtain an audit of its financial statements forthe year in question
in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject
to the small companies, regime.
The financial statements were approved by the board of directors and authorised for issue on 22 September 2025
and are signed on its behalf by..
MrA Briault
Company Registration No. 03609532
The notes attached here form part of the financial statements.

BRIGHTON SEAFRONT HERITAGE TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
1.0 Statutory inforniation
Brighton Seafront Heritage Trust Limited {036095321 is a company limited by guarantee incorporated in
England and Wales. The charity is underthe control of the trustees. The registered office is 201 Kings Road
Arches, Brighton, BNI INB.
2.0 Accounting policies
2.1 Accounting basis and standards
The financial statements have been prepared in accordance with the Charities 50RP IFRS 1021 Accounting and
Reporting by Charities: Statement of Recommended Prartice applicable to charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
leffective l January 20191, the Financial Reporting Stsndard applicable in the UK and Republic of Ire13nd IFRS
102) and the Companies Act 2006.
Brighton Seafront Heritage Trust Limited meets the definition of a public benefrt entity under FRS 102. Assets
and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the
relevant accounting policy.
The accounts are prepared in sterling and rounded tothe nearest pound.
2.2 Going concem
At the time of approving the financial statements. the trustees have a reasonable expectation that the charity
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.
2.3 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met,
the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation. unless perfomiance conditions require deferral of the amount.
Other income is recognised in the period in which it is re￿1vable and to the extent the goods have been
provided or on completion of the service.

BRIGHTON SEAFRONT HERITAGE TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies (continued)
2.4 Expenditure
Expenditure is recognised on an accruals basis when the liability is incurred.
Charitable expenditure comprises those costs incurred by the charity in pursuit of its charitable
objectives.
Both Support and Governance costs are recharged to the main artivity and form part of charitable
expenditure with a separate analysis being provided in the notes. Governance costs include those costs
associated with meeting the statutory requirements of the charity and include costs linked to the
strategic management of the charity.
All expenditure is inclusive of irrecoverable VAT.
2.5 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably
by the Company- this is normally upon notification of the interest paid or payable by the institution with
whom the funds are deposited.
2.6 Tangible fixed assets and depreciation
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible
fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.
At each reporting date the Company assesses whether there is any indication of impairment. If such
indication exists, the recoverable amount of the asset is determined to be the h igher of its fair value less
costs to sell and its Value in use. An impairment loss is recognised where the carrying amount exceeds the
recoverable amount.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over
their estimated useful lives.
Depreciation is provided on the following bases:
Leasehold improvements
Plant and machinery
Office equipment
20 years straight line
20 years straight line
25% straight line
2.7 Herit4e assets
Heritage assets consist of museum exhibits held by the trust and are revalued periodically by the
trustees.
At each reporting date the Company assesses whetherthere is any indication of impairment. If such
indication exists, the recoverable amount of the asset is determined to be the higher of its fair value less
cost5 to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the
recoverable amount.

BRIGHTON SEAFRONT HERITAGE TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies (continued)
2.8 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.9 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of
three months or less from the date of acquisition or opening of the deposit or similar account.
2.10 Liabilities and provisions
Liabilities are recogni5ed when there is an obligation at the Balance sheet date as a result of a past event,
it is probable that a transfer of economic benefit will be required in settlement, and the amount of the
settlement can be estimated reliably.
Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the
amount it has received as advanced payments forthe goods or service5 it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the
effect of the time value of money is material. the provision is based on the present value of those
amounts. discounted at the pre-tax discount rate that refletts the risks specific to the liability. The
unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
2.11 Financial instruments
The Company only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently measured at
amortised cost using the effective interest method.
2.12 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Company and which have not been designated for other
purposes.
Restricted funds relate solely to the value of Heritage Assets held.
All amounts, other than Heritage assets, stated in the accounts relate to unrestricted funds. The value of
Heritage assets held has been transferred to restricted funds in the year as this better reflects the
restrictions on their use.

BRIGHTON SEAFRONT HERITAGE TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies (continued)
2.13 Critical Accounting Estimates and Area of Judgement
In preparing financial statements it is necessary to make certain judgements. estimates and assumptions
that affect the amounts recognised in the financial statements.
In the view of the Trustees in applying the accounting policies adopted, no judgements were required that
have a significant effect on the amounts recognised in the financial statements nor do any estimates or
assumptions made carry any significant risk of material adjustment on the next financial year.
Income from donations and legacies
2024
2023
Donations
5,582
4,854
Income from charitsble artivities
2024
2023
Rents
38,279
14,903
36,204
14,550
Gallery and loft hire
53,182
50,754
Income from investments
2024
2023
Bank interest
38
42
-10-

BRIGHTON SEAFRONT HERITAGE TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
6 Costs of charitable artivity
2024
2023
Direct costs
Property running costs
24,941
26.128
Property repairs and maintenance
1.927
6.647
Rental management fees
2,748
Lease renewal legal fees
960
5,456
Lease renewal management
13,860
27,828
54,839
Support costs
Administrative and advertising
12,060
15.581
O￿lCe and general costs
4,911
2.550
Governance costs
1,745
1.499
18,716
19.630
46,544
74,469
7 Independent examinerfs remuneration
2024
2023
Fees payable to the Compan¢s independent examiner for the
independent examination of the Company's annual accounts
Fees payable to the Company's
independent examiner in respett of-
Accounts preparation
972
972
648
648
-11-

BRIGHTON SEAFRONT HERITAGE TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustee's Remuneration and Expenses
No Trustees received any remuneration or other benefits in the year12023.'£NILI.
During the year ended 31 December 2024. Trustee expenses have been reimbursed to a total of £53
12023.- £NILI.
Tangible fixed assets
Long-term
leasehold
property
Plant and
machinery
Office Equipment
Total
Cost or valuation
At lJanuary2024
3008
27,750
2,921
34,079
At 31 December 2024
3A08
27.750
2.921
34.079
Depreciation
At lJanuary2024
2,295
9,534
1,769
13,598
Charge for the year
170
1.178
576
1.924
At 31 December 2024
2065
10,712
2,345
15,522
Net bookvalue
At 31 Detember 2024
17.038
576
18.557
At 31 December 2023
1.113
18,216
1,152
20,481
-12-

BRIGHTON SEAFRONT HERITAGE TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
10 Heritage assets
Assets recognised at valuation
2024
2023
Carrying value at year end
177.000
177.000
177,000
177,000
Heritage assets consists of artrfacts held in the museum. The assets range from fishing equipment, related
books and images, architertural items from the West Pier and online archives. These assets cannot be sold
and can only be re-allocated to other accredited museums, as such their value is kept in a restricted fund. In
the view of the Trustees, there was no impairment to the valuation of Heritage assets in the year.
11 Debtors
2024
2023
Trade debtors
9,739
2,661
Prepayments and accrued income
2,681
2,681
12,400
12 Creditors: Amounts falling due within one year
2024
2023
Accruals and deferred income
1,620
1,620
-13-

BRIGHTON SEAFRONT HERITAGE TRUST LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
13 Funds
All assets in the accounts. other than the value of the Heritage Assets, relate to general unrestricted funds.
Due to the restrirtions on the use of the Heritage Assets, their value is held in a restricted fund. Movements
on these funds are shown on the Statement of Financial Activities.
14 Analysis of net assets between funds
Fund balances at 31" December 2024 are represented by-
Unrestrirted
Funds
Restrirted
Funds
Total
2024
Tangible fixed assets
Heritage assets
Current assets
Current liabilities
18.557
18,557
177,000
27,861
(1,6201
221,798
177,(X)O
27.861
11,6201
44.798
177,1KJO
Fund balances at 31" December 2023 are represented by-
Unrestrirted
Funds
Restrirted
Funds
Total
2023
Tangible fixed assets
Heritage assets
Current assets
Current liabilities
20.482
20,482
177,000
13.678
(1,6201
209,540
177.1XJO
13.678
11,6201
32.540
177,1KJO
IS Related party transactions
All three trustees rent space from the charity for arches 194- 198. Rents payable were £20.374 for the
year12023.- £16,867) of which £NIL was outstanding atthe year end12023.-£4581.
-14-