| Page | ||
|---|---|---|
| 1 | Reportofthe Trustees | 1 |
| 2. | IndependentAuditor'sReport | 11 |
| 3. | Consolidated StatementofFinancialActivities | 14 |
| 4. | ConsolidatedBalance Sheet | 15 |
| 5. | CharityBalance Sheet | 16 |
| o. | Gonsolidated Statement ofGash Flows | 17 |
| 7. | Notesto theFinancialStatements | 18 |
| Notes | Unrestricted funds t |
SeafarerHelp Restricted fundst |
Other Restricted funds € |
Total2021 t |
Total 2020 t |
|
|---|---|---|---|---|---|---|
| INCOME FROM | ||||||
| Donations | 117,394 | 117,394 | 9,91'l | |||
| Charitable activities | ||||||
| Membership subscriptions | 81,386 | 81,386 | 41,185 | |||
| Grant income | 10,000 | 322,195 | 511,399 | 843,594 | 992,086 | |
| Sponsorshipreceived | 10,146 | |||||
| Other income | 2,725 | 2,725 | 5,112 | |||
| Othertradingactivities | ||||||
| Commercial trading operations | 108,622 | 108,622 | 55,313 | |||
| lnvestments | ||||||
| lnvestmentincome | 808 | 899 | ||||
| Total income | 320,935 | 322,195 | Aar200 | 1,154,529 | 1114,031 | |
| EXPENDITUREON | ||||||
| Raisingfunds | ||||||
| Commercial trading operations | 65,637 | 65,637 | 45,994 | |||
| Charitable activities | ||||||
| Membership support | 54,8'15 | 54,815 | 69,824 | |||
| SeafarerHelp | 387,217 | 387,217 | 419,066 | |||
| Projects undertaken | 351,645 | 351,645 | 415,837 | |||
| Emergency fundgrants | 235,930 | 235,930 | 75,584 | |||
| Total expenditure | 120,452 | 387,217 | 587,575 | 1,095,24 | 1,026,305 | |
| Netincomeand net | ||||||
| movementinfunds for the | 200,483 | (65,022) | (76,176) | 59,285 | 88,347 | |
| year | ||||||
| Reconciliationoffunds: | ||||||
| Total Fundsbrought forward | 192,639 | 67,579 | 305,786 | 566,004 | 477,657 | |
| Total Funds carried forward | 13 | aoa4rt | 2,557 | 229,610 | 625,289 | 566,004 |
| CONSOLIDATED BALANCESHEET | |||
|---|---|---|---|
| 2021 | 2020 | ||
| Notes | E | t | |
| Fixedassets | |||
| Tangible assets | o | 12,226 | 7,826 |
| Current assets | |||
| Debtors | 10 | 111,221 | 77,375 |
| Cash at bankandinhand | 596,104 | 544,893 | |
| 707,325 | 622,268 | ||
| Creditorsfallingduewithinoneyear | 11 | 94,262 | 64,090 |
| Netcurrent assets | 613,063 | s58,1 78 | |
| Total assets lesscurrent liabilities | 625,289 | 566,004 | |
| Funds | |||
| Unrestricted funds | 13 | 393,122 | 192,639 |
| Restricted SeafarerHelpfunds | 13 | 2,557 | 67,579 |
| OtherRestricted funds | 13&14 | 229,610 | 245,475 |
| Total CharityFunds | 625,289 | 566,004 |
| CHARITY BALANCESHEET | |||
|---|---|---|---|
| 2021 | 2020 | ||
| Notes | t | f | |
| Fixedassets | |||
| Tangible assets lnvestment |
I 1B |
12,226 1 |
7,826 I |
| 12,227 | 7,827 | ||
| Gurrent assets | |||
| Debtors | 10 | 102,678 | 77,375 |
| Cash at bankandinhand | 589,165 | 534,315 | |
| 691,843 | 611,690 | ||
| Creditorsfallingduewithinoneyear | 11 | 78,781 | 53,513 |
| Netcurrent assets | 613,061 | 558,177 | |
| Total assets lesscurrent liabilities | 625,289 | 566,004 | |
| Funds | |||
| Unrestricted funds | IJ | 393J22 | 192,639 |
| Restricted SeafarerHelp funds | 13 | 2,557 | 67,579 |
| OtherRestricted funds | 13&14 | 229,610 | 305,786 |
| Total CharityFunds | 625,289 | 566,004 |
| CONSOLIDATED STATEMENTOF CASHFLOWS |
|||
|---|---|---|---|
| 2021 | 2020 | ||
| Group | Group | ||
| Notes | E | t | |
| Cash generatedfrom/(used by)operating | 21 | 60,915 | 57,597 |
| activities | |||
| Cashflows from investing activities | |||
| lnterest income | 808 | 899 | |
| Purchase of tangiblefixedassets | (10,512) | (8,641) | |
| Cashprovidedbyinvesting activities | (9,704) | (7,742) | |
| lncrease/(Decreaseincashand cash | 51,211 | 49,Bss | |
| equivalents in theyear | |||
| Cash and cashequivalentsatthebeginningof | 544,893 | 495,038 | |
| the year | |||
| Tota!cashandcash equivalentsattheendof | 596,104 | 544,893 | |
| theyear |
| NTINCOME | |||
|---|---|---|---|
| 2021 E |
2020t | ||
| SeafarerHelp | 322,195 | 415,354 | |
| Projects | |||
| ITF | 2s,000 | ||
| Croydon council | 10,00; | ||
| InternationalPorlsWelfarePartnership | ' | .0,822 | |
| Project Manager &CommunicationsAssistant | 89,175 | ||
| Regional Programmes | 149,000 | 131,250 | |
| Seafarers' Welfare Awards | 10,750 | ||
| Super yacht | : | '1,000 | |
| Campaign non regionalprogram | 30,000 | ||
| Mental health training & awareness | 30,813 | 67,360 | |
| TrinityHouse | 60,000 | ||
| Seafarers UK Covid Grant | 38,28; | ||
| Yacht Crew help | 37,445 | ||
| 276,360 | 559,572 | ||
| EmergencyFunds | |||
| Seafarers'Emergency fund | 245,039 | 3,855 | |
| Contact GrouponPiracy offtheCoast of Somalia(CGPCS) | 13,305 | ||
| 245,039 | 17,160 | ||
| 843,594 | 992,086 | ||
| : |
| ALEXPENDITURE | ||||||
|---|---|---|---|---|---|---|
| Employment | Directcosts | Support | Total | Total | ||
| costs € |
€ | costs t |
2021 € |
2020 t |
||
| Raisingfunds: | ||||||
| Commercialtradingoperations | 41,7 11 | 23,926 | 65,637 | 45,994 | ||
| Charitableactivities: | ||||||
| Membershipsupport | 41,147 | 13,668 | 54,815 | 69,824 | ||
| SeafarerHelp | 295,464 | 91,753 | 387,217 | 419,066 | ||
| Projects undertaken | ||||||
| Regional programmes | 116,8B7 | 116,887 | 131,0Bl | |||
| Other | 99,390 | 135,368 | 234,758 | 284,756 | ||
| Emergency Fund grants | ||||||
| SeafarersEmergency | 220,751 | 220,751 | 56,494 | |||
| CGPCS | 15,179 | 15,179 | '19,090 | |||
| 477,712 | 371,298 | 246,234 | 1,095,244 | 1,026,305 | ||
| : | ||||||
| Forfurtheranalysis, see | note6 | note7 |
| ERNANCECOSTS | ||
|---|---|---|
| Thefollowinggovernancecosts areincluded above within | 2021 | 2020 |
| supportcosts: | € | f |
| Audit fees | 6,360 | 6,605 |
| Legalandprofessional | 9,531 | 5,606 |
| Trusteeexpenses andBoard/Member meetings | 900 | 3,305 |
| 16,791 | 15,516 |
| PLOYEEINFORMATION | ||
|---|---|---|
| 2021 | 2020 | |
| Number | Number | |
| The averagemonthly headcount was: | 15 | 15 |
| Theaverage monthlyfull-timeequivalentnumber of employees | ||
| during the year was: | ||
| SeafarerHelp | 11 | 11 |
| Administration andmanagement | 2 | 2 |
| Projects | 2 | 2 |
| 15 | 15 |
| E | f | |
|---|---|---|
| Employment costs | ||
| Wages and salaries | 407,159 | 398,238 |
| Social security costs | 30,022 | 33,772 |
| Pension costs | 20,117 | 19,815 |
| 457,298 | 451,825 | |
| Staff training costs | 8,940 | 3,948 |
| Recruitment and staff welfare | 11,474 | 2,372 |
| _:'t: | 458,145 |
| Costs, other than staffcosts,incurred during | 2021 | 2020 |
|---|---|---|
| the yearwereas follows: | E | e |
| Establishments costs | 27,664 | 31,784 |
| Communications | 24,848 | 23,607 |
| Travelandrelated costs | (2,398) | 31,291 |
| lT costs | 40,450 | 25,448 |
| Publicationsandmarketing | 7,697 | 12,112 |
| Professional fees | 19,336 | 16,917 |
| Bank and other costs | 5,638 | 6,408 |
| Regional programmes | 116,887 | 131,081 |
| Depreciation | 6,112 | 816 |
| ,*^, | ,r,^* | |
| Thesecostshave beenallocatedas follows: | 2021f | 2020t |
| Membership support | 13,669 | 27,428 |
| SeafarerHelp | 91,753 | 102,998 |
| Projects undertaken | ||
| Regionalprogrammes | 116,887 | 131,081 |
| Other | 172 | |
| Commercialtradingoperations | 23,926 | 17,785 |
| ,,: | 279,464 |
| GROUPAND CHARITY | Fixturesand | Computer | Total |
|---|---|---|---|
| fittings | Equipment | ||
| € | E | e | |
| Costorvaluation | |||
| At1April2020 | 12,909 | 23,499 | 36,408 |
| Additions | 10,512 | 10,512 | |
| At3'1March2021 | 12,909 | 34,011 | 46,920 |
| Depreciation | |||
| At'1April2020 | 12,909 | 15,673 | 28,582 |
| Charge for year | 6,112 | 6,112 | |
| At 31March2021 | 12,909 | 21,785 | 34,694 |
| Netbookvalue | |||
| At31March2021 | '12,226 | 12,226 | |
| At3'1March 2020 | 7,826 | 7,826 |
| 10 | DEBTORS | ||||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | 2021 | 2020 | ||||
| Groupf | Groupt | Charity € |
Charityt | ||||
| Trade debtors | 68,478 | 35,313 | 59,935 | 35,313 | |||
| Prepayments andaccruedincome | 42,743 | 42,062 | 42,743 | 42,062 | |||
| 77,375 | 102,678 | 77,375 | |||||
| _'"'r'" | |||||||
| 11 | CREDITORS.AMOUNTS FALLINGDUE WITHIN | ||||||
| ONEYEAR | |||||||
| 2021 | 2020 | 2021 | 2020 | ||||
| Group | Group | Charity | Charity | ||||
| € | t | f | f | ||||
| Tradecreditors | 31,537 | 9,256 | 31,537 | 9,256 | |||
| Taxes and social security costs | 8,856 | 8,856 | |||||
| Accruals andothercreditors | 21,527 | 13,409 | 19,671 | 6,929 | |||
| Amount due tosubsidiary | 21,459 | 22,359 | |||||
| lncomeand Grantsreceivedin | |||||||
| advance | 41,198 | 32,569 | 6,114 | 6,114 | |||
| 94,262 | 64,090 | 78,781 | s1,530 | ||||
| : | : |
| ovementsin unrestricted | funds for the current | yearare asfollo | ws: | ||
|---|---|---|---|---|---|
| Unrestricted | SeafarerHelp | Other | Totalfunds | ||
| funds | Restricted | Restricted | |||
| funds | funds | ||||
| € | E | g. | € | ||
| At1April2020 | 192,639 | 67,579 | 305,786 | 566,004 | |
| Retained for theyear | 200,483 | (65,022) | (76,176) | 59,285 | |
| At31 March2021 | 393,122 | 2,557 | 229,610 | 625,289 |
| Unrestricted | SeafarerHelp | Other | Total | funds | |
|---|---|---|---|---|---|
| funds | Restricted | Restricted | |||
| funds | funds | ||||
| € | f | € | |||
| AtlApril2019 | 160,891 | 71,291 | 245,475 | 477,657 | |
| Retained for the year | 31,748 | (3,712), | 60,311 | 88,347 | |
| At31 March20 | 192,639 | 67,579 | 305,786 | 566,004 |
| ovementsin restricted fund | s for thecurrenty | eatare asfollows: | eatare asfollows: | |
|---|---|---|---|---|
| 1April2020 | lncomeExpenditure | 31March | ||
| E | e€ | 2021 e |
||
| PROJECTS | ||||
| Business Development | 9,568 | - | (9,688) | (120) |
| CRM system | 10,527 | - | (10,657) | (130) |
| Health & behaviourof | 1,000 | 1,000 | ||
| seafarers | ||||
| HIV/Aids | 3,621 | 3,621 | ||
| International Port Welfare | 12,280 | 10,822 | (19,52e; | 3,573 |
| Partnership | ||||
| On-LineToolkit | s13 | 37.445 | (27,067) | 10,891 |
| Project Managerand | 68,755 | (75,710) | (6,e55) | |
| CommunicationsAssistant | ||||
| RegionalProgrammes | 22,263 | 149,000 | (116,887) | 54,376 |
| Seafarers Welfare Awards | '1,981 | 1,981 | ||
| 2019 | ||||
| Superyachts survey | 623 | oz3 | ||
| Training onBoard | (e,654) | (9,654) | ||
| Campaign nonregionalproj | 30,000 | (4,182) | 25,818 | |
| Mental health awareness | 30,51s | 30,813 | (31,812) | 29,516 |
| TrinityHouse Sim project | 49.771 | (24,200) | 25,571 | |
| Seafarers UK Covid Grant | 38,280 | (31,e13) | 6,367 | |
| 231.763 | 266,360 | (351,645) | 146,478 | |
| EMERGENCY FUNDS | ||||
| Seafarers Emergency | 22.469 | 245.039 | (220,751) | 46,757 |
| MPHRF | 22,112 | 22,112 | ||
| CGPCS | 29,442 | (15,179) | 14,263 | |
| 74,42:l | 245,039 | (235,930) | 83J32 | |
| 305,786 | 511,399 | (587,575) | 229,610 |
| 1April2019 | lncome | Expenditure | 31March | |
|---|---|---|---|---|
| f | Ef | 2020t | ||
| PROJECTS | ||||
| BusinessDevelopment | 13,625 | (40s7) | 9,568 | |
| CRM system | 24,452 | (13,e25) | 10,5?7 | |
| Heallh& behaviour of | 1,000 | 1,000 | ||
| seafarers | ||||
| HIV/Aids | 3,621 | 3,621 | ||
| lnternationalPort Welfare | 5,243 | 145,037 | (138,000) | 12,280 |
| Partnership | ||||
| On-LineToolkit | 1,953 | (1,440) | 513 | |
| Project Managerand | 51,224 | 89,175 | (71,644) | 68,755 |
| Communications Assistant | ||||
| RegionalProgrammes | 22,094 | 131,250 | (131,081) | 22,263 |
| SeafarersWelfareAwards | (3,537) | 10.750 | (5 233) | 1,981 |
| 2019 | ||||
| Superyachts suryey | (251) | 1,000 | (126) | 623 |
| Training onBoard | (6,3e7) | (3,257) | (9,654) | |
| Campaignnon regionalproj | 30,000 | 30,000 | ||
| Mentalhealth awareness | 67,360 | (36,84s) | 30,515 | |
| TrinityHouse | 60,000 | (10,22e) | 49,771 | |
| 113,028 | 534.572 | (415,837) | 231,763 | |
| EMERGENCY FUNDS | ||||
| Seafarers Emergency | 75,147 | 3,855 | (s6,4e4) | 22,469 |
| MPHRF | 22,112 | zz,Itz | ||
| CGPCS | 35,228 | 13,305 | (1e,0e0) | 29,442 |
| 132,447 | 17.160 | (75,584) | 74,023 | |
| 245.475 | 551.732 | (491,421) |
305,786 |
| ALYSIS OFNETASSETS BE | TWEENFUNDS | |||
|---|---|---|---|---|
| At31 March2021 | Unrestricted | SeafarerHelp | Other | Total |
| funds | Restricted | Restricted | funds | |
| f | fundst | funds € |
t | |
| Tangiblefixedassets | 12,226 | 12,226 | ||
| Debtors | 111,221 | 111,221 | ||
| Cash andbankbalances Creditors: duewithinlyear |
363,937 (e4,262) |
2,55; | 229,610_ | 596,104 (94,262) |
| 393,122 | 2,557 | 229,610 | 625,289 |
| here werefuture minimumoperating leasesp | aymentsas follows: |
|---|---|
| 2021 € 2020t |
|
| Withinlyear Betweenland5years |
13,325 13,325 .r,*_.1- |
| 2021 | 2020 | |
|---|---|---|
| e | L | |
| StatementofFinancialActivities | ||
| Sales | 108,623 | 55,313 |
| Shared costs | (65,637) | (45,994) |
| Nettradingprofit | 42,986 | 9,319 |
| GiftaidpaymenttoISWAN | (42,986) | (e,31e) |
| Netincreaseinfunds | ||
| Balance Sheet | ||
| Current assets | 36,941 | 10,579 |
| Current liabilities | (36,940) | (10,578) |
| Share Capital | (1) | (1) |
| 2021 € |
2020t | |
|---|---|---|
| Netmovementinfunds | 59,285 | 88,347 |
| Addback depreciation charge | 6,112 | 815 |
| Deduct interest incomeshownin investing | ||
| activities | (808) | (8ee) |
| (lncrease)in debtors | (33,846) | (3s,702) |
| Increase/(Decrease)in creditors | 30,' | .72 |
| Netcashgeneratedfrom/(usedby) operating | ||
| activities | 60,915 | 57,597 |