Company registration number= 04168050 Charity registration number: 1093237 TYNEMOUTH VOLUNTEER LIFE BRIGADE TRUSTEES. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Tynemouth Volunteer Life Brigade Contents Page Trustees, Report Independent Examinevs Report Statement of Financial Activities (including Income and Expenditure Account) Comparative Statement of Financial Activities (including Income and Expenditure Account) Balance Sheet 7-8 Notes to the Financial Statements 9-13 The following pages do not form part of the statutory accoLJnts'. Detailed Ststement of Financial Activities (including Income and Expenditure Account) 14
Tynemouth Volunteer Life Brigade Company No. 04168050 Trustees. Report For The Year Ended 31 March 2025 The trustees present their report and the financial statements for the year ended 31 March 2025. Objectives and Activities Aims and Objectives Tynemouth Volunteer Life Brigade. founded in 1864. has three distinctive objectives.. To save life and aid persons and vessels in distress on Ihe coast and elsewhere by any means necessary including, but not limited to, the provision of a declared facility lo HM Coastguard To conserve and develop the Watch House. associated properties and artefacts and lo record. maintain and disseminate information on the history of the Brigade for the benefit and education of the community. To advance education, for the public benefit, in the dangers inherent to the coast, rivers and inland bodies of water lo safegLtrard the community and promote coastal and water safety. The Brigade is most commonly associated with Our coastal search and rescue team, which principally fulfil the aim of our 1st objective. The team specialise in rope, water. and coastal search and rescue. and also have extensive first aid skills. The team are pem)anently on calP- attending an average of 140+ incidents per year. The team are a 'declared facility, to HM Coastguard. representing them in the North Tyneside area. As well as a rescue team of around 20, the Brigade has a Committee of Directors who manage the whole of the organisation. There is also a wider support structure of around another 40 members who support the operation and running of our Watch House Museum. and work with the Rescue Team to provide sea and water safety talks. Achievements and Performance Main Achievements During the 2024-2025 financial year, the Brigade's Rescue Team have brought their 2nd vehicle into operalional servi, and started preparations for an additional base for this to be held in. A new group of mLJseum volunteers was recruited to allow the Watch House to be open to the public on bank holidays, Saturdays and Sundays from Easter through lo August. This, coupled with the ongoing programme of visits and lalks managed by our Watch House Team. led to the most visitors to the building in recent memory. The Directors also co-ordinated the renovation of the Brigade Cottage lo allow it to be rented on the private market, creating additional income for the Brigade. Our first tenants moved into the property during February 2025. Reference and Administrative Details Trustees Mr J Wright Mr P Lilley MrDVBell Mr N Peters Mr J Peters Mr A H Graham Mr D C Graham Mr S Littlewood DrRDay Mr D J Steven Mrs H D Peacock (appointed 1610512024) Page 1
Tynemouth Volunteer Life Brigade Trustees. Report (continued) For The Year Ended 31 March 2025 Charity Number 1093237 Company Number 04168050 Registered Office The Watch House Spanish Battery Tynemoulh Tyne & Wear NE30 4DD Independent Examiner Bland & Wood Chartered Accountants Bland & Wood Chartered Accountants 6B Planel Business Centre Planet Place, Killingworth Newcastle upon Tyne NE12 6DY Page 2
Tynemouth Volunteer Life Brigade Trustees. Report (continued) For The Year Ended 31 March 2025 Other Information Future Developments Over the coming 12 months the Brigade intends to= Make operational the new base for the second rescue vehicle. Support our tenants in the Brigade Cottage to ensure the continuation of the use of that building as private rented accommodation. Carry out development and improvement work in the Watch House to further enhance our offering and further boost visitor numbers with the help of our Museum volunteers. Ensure funding is in place to cary out the re-painting of the outside of the Watch House in the next 6-18 months. Small Company Rules This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. The trustees. report was appro d by the board of trustees and signed on its behalf by.. Mr P Lilley Trustee 24 December 2025 Page 3
Tynemouth Volunteer Life Brigade Independent Examinerfs Report to the Trustees of Tynemouth Volunteer Life Brigade For The Year Ended 31 March 2025 I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. Responsibilities and Basis of Report As the charity trustees of the Company (and also its directors 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 thal the accounts of the Company are not required to be audited under Part 16 of the 2006 Acl 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 Ihe Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. Independent Examlnerfs Statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examinalion giving me cause lo believe.. 1. 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 independenl examination., or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 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. Bland & Wood Chartered Accountsnts 24 December 2025 Bland & Wood Chartered Accountsnts 6B Planet Business Centre Planet Place, Killingworth Newcastle upon Tyne NE12 6DY Page 4
Tynemouth Volunteer Life Brigade Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025 2025 Unrestricted Restricted Total funds funds funds 2024 Total funds Notes INCOME AND ENDOWMENTS FROM: Donations and legacies Other trading activities Investments 42,812 39,820 5.862 5,274 48,086 39,820 5,862 71,922 37,968 1.660 88.494 5,274 93,768 111,550 EXPENDITURE ON: Raising funds NET {EXPENDITURE)IINCOME (47.218) 167,0831 (114,301) (91,542) 41,276 {61.809) (20.5331 20,008 Transfers beeen funds 13 (62,000) 62,000 NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 120,724) 191 (20,5331 20,008 237.703 26,337 264,040 244,032 13 216,979 26.528 243,507 264,040 The notes on pages 9 to 13 fomi part of these financial statements. Page 5
Tynemouth Volunteer Life Brigade Comparative Statement of Financial Activilies (including Income and Expenditure Account) For The Year Ended 31 March 2025 2024 Unrestrlcted Restricted Total funds funds funds Notes INCOME AND ENDOWMENTS FROM: Donations and legacies Other trading activities Investments 68,453 37,968 1,660 3,469 71,922 37,968 1,660 108,081 3,469 111,550 EXPENDITURE ON: Raising funds NET INCOME (52.168) (39.374) (91.542) 55,913 (35,905) 20,008 NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 55.913 (35,905) 20,008 181,790 62,242 244,032 13 237,703 26,337 264,040 The notes on pages 9 to 13 form part of these financial statements. Page 6
Tynernouth Volunteer Life Brigade Balance Sheet As At 31 March 2025 2025 Unrestricted Restricted Total funds funds funds 2024 Total funds Notes FIXED ASSETS Tangible Assets Inveslmenl Properties Investments 10 11 38.069 60,000 1,695 38,069 60,000 1.695 54,007 60,000 1,695 12 99.764 99,764 115,702 CURRENT ASSETS Cash at bank and in hand 133,552 10.191 143.743 148,338 10,191 143,743 148,338 133.552 NET CURRENT ASSETS (LIABILITIES 133.552 10,191 143,743 148,338 TOTAL ASSETS LESS CURRENT LIABILITIES 233.316 10,191 243,507 264,040 NET ASSETS 233,316 10,191 243,507 264,040 FUNDS OF THE CHARITY Restricled Funds Unrestricted Funds 26,528 26,337 216,979 237,703 TOTAL FUNDS 13 243,507 264,040 Page 7
Tynemouth Volunteer Life Brigade Balance Sheet (continued) As At 31 March 2025 For the year ending 31 March 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the charitable company to obtsin an audit in accordance with seclion 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts 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 trustees on 24 December 2025 and were signed on its behalf by.. Mr P Lilley Trustee The notes on pages 9 to 13 fomi part of these financial ststements. Page 8
Tynemouth Volunteer Life Brigade Notes lo the Financial Statements For The Year Ended 31 March 2025 1. General Information Tynemouth Volunteer Life Brigade is a company limited by guarantee, incorporated in England & Wales, registered number 04168050 and registered charity number 1093237. The registered office is The Watch House, Spanish Battery, Tynemouth, Tyne & Wear, NE30 4DD. 2. Accounting Policies 2.1. Basis of Preparation of Financial Statements The financial statements have been prepared in accordance with the Charities SORP (FRS 1021 "Accounting and Reporting by Charities: Statement of Recommended practi applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effeclive 1 January 2019)" Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The charrtable company is a Public Benefit Entity as defined by FRS 102. 2.2. Tangible Fixed Assets and Depreciation Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided al rates calculated lo write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases.. Plant & Machinery Motor Vehicles 20 % straight line basis 25 % reducing balance basis 2.3. Investmenl Properties All investment properties are carried at fair value determined annually and derived from the current market rents and investment propety yields for comparable real estste, adjusted if necessary for any difference in the nature, location or condition ol the specific asset. No depreciation is provided for. Changes in fair value are recognised in the statement of financial activities. 2.4. Investments 2.5. Cash and Cash Equivalents Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks. other short-term highly liquid investments thal mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts. 3. Income from Donations and Legacies 2025 Unrestricted Restricted funds funds Total funds Donations and gifts 42.812 5,274 48,086 Page 9
Tynemouth Volunteer Life Brigade Notes to the Financial Statements {continued} For The Year Ended 31 March 2025 2024 Unrestricted Restricted funds funds Total funds Donations and gifts 68,453 3,469 71,922 4. Income from Other Trading Activities 2025 2024 Unrestricted Unreslricled funds funds Fundraising events 39.820 37,968 5. Investment Income 2025 2024 Unrestricted Unrestricled funds funds Bank interest receivable Dividends from investments Renls received from investment properties 1,140 1,045 3,677 581 1,079 5,862 1,660 6. Net Incomel{Expenditure) The net (expenditure)lincome is stated after chargingl{crediting)= 2025 2024 Depreciation of tangible fixed assets - owned 15,938 18,002 7. Analysis of Expenditure 2025 Activities undertaken directly Support costs (see note 81 Total Raising funds 4,352 109,949 114,301 Page 10
Tynemouth Volunteer Life Brigade Notes to the Financial Statements (continued) For The Year Ended 31 March 2025 2024 Activities undertaken directly Support costs {see note 8) Total Raising funds 11,172 80,370 91,542 8. Support Costs 2025 Raising funds General administration Depreciation 94,011 15.938 109,949 2024 Raising funds General administration Depreciation 62,368 18.002 80,370 9. Average Number of Employees Average number of employees during the year was= NIL (2024= NIL) 10. Tangible Assets Plant & Machinery Motor Vehicles Total Cost As al 1 April 2024 As at 31 March 2025 8,843 121,677 130,520 8.843 121,677 130,520 Depreciation As at 1 April 2024 Provided during the period As at 31 March 2025 8.843 67,670 15,938 76,513 15.938 8,843 83,608 92,451 ..CONTINUED Page 11
Tynemouth Volunteer Life Brigade Notes to the Financial Slatements (continued) For The Year Ended 31 March 2025 Net Book Value As at 31 March 2025 38,069 38,069 As at 1 April 2024 54,007 54,007 11. Investment Property 2025 Fair Value As at 1 April 2024 and 31 March 2025 60,000 12. Investments Llsted Cost or Valuation As at 1 April 2024 As at 31 March 2025 1,695 1,695 Provision As at 1 April 2024 As at 31 March 2025 Net Book Value As at 31 March 2025 1,695 As at 1 April 2024 1,695 13. Movement in Funds As at 1 April 2024 Asat31 March 2025 Income Expenditure Transfers Unrestricted funds General.. General unrestricted fund Restricted funds Collection 237,703 88,494 (47,2181 (62.0001 216,979 26.337 5,274 (67,0831 62,000 26.528 Total funds 264,040 93.768 {114.3011 243,507 Page 12
Tynemouth Volunteer Life Brigade Notes to the Financial Statements (continued) For The Year Ended 31 March 2025 As at 1 Aprll 2023 Asa131 Expenditure March 2024 Income Unrestricted funds General.. General unrestricted fund Restricted funds Collection 181,790 108,081 {52,168) 237,703 62.242 3,469 (39.374) 26,337 Total funds 244,032 111,550 (91,5421 264,040 14. Transactions with Trustees None of Ihe trustees received any remuneration or any other benefits from an employment with the charity or related entity during the current or previous year. No trustee expenses have been incurred. 15. Related Party Disclosures There have been no related paty transactions in the reporting period that require disclosure. 16. Company limited by guarantee The company is limited by guarantee and has no share capital. Every member of Ihe company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1. 17. Rocket House The company is the sole corporate trustee of the Rocket House. This came into place on 29th August 2019 when the Brigade, operating on charity number 1093237, (amalgamated with charity 238655 on 13 January 2003), passed a written resolution at an extraordinary general meeting. Page 13
Tynemouth Volunteer Life Brigade Detailed Stalement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025 2025 2024 Total funds Total funds INCOME AND ENDOWMENTS FROM: Donations and legacles Donations and gifts Donations from individuals 42,076 6,010 67.885 4.037 48,086 71,922 Other trading activities Fundraising events 39.820 37,968 39,820 37,968 Investments Dividends from other fixed asset investments - listed Rental income from investment property Bank interesl receivable 1,045 3,677 1,140 1.079 581 5,862 1.660 93,768 111,550 EXPENDITLIRE ON: Raising funds Support and administration costs Repairs, renewals and maintenan Insurance Rescue training Other office costs Sundry expenses Depreciation of plant and machinery (4.3521 {9,630) (8,951) {3,799) (4.8961 (66.735) (15,938) (11,1721 (11,040) (2,188) (3,1801 (45,9601 (18,0021 (114,301) (114.3011 (20,533) (91,542} (91,5421 NET (EXPENDITURE)IINCOME 20.008 Page 14