2021-12-31-accounts

		Page
Trustees' Annual Report
Statements ofTrustees'	Responsibilities
Independent Examiner's	Report
Statement of Financial Activities
Balance Sheet		10
Notes to the Financial Statements

REFERENCE AND ADMINISTRATIVE	REFERENCE AND ADMINISTRATIVE	REFERENCE AND ADMINISTRATIVE	REFERENCE AND ADMINISTRATIVE	DETAILS	DETAILS
Name			The Daniel Adamson		Preservation	Society
Company		Number	05088619
Charity	Number		1104681
Registered		office	54 StJames Street
			Liverpool
			England
			L1 OAB
Trustees			M J Cooksley A Daulby - Treasurer Dr D Fleming		(Appointed (Resigned (Resigned		1"December 2021) 1"November 2021) 19"May 2021)
			T G Singleton		(Appointed		30'"March 2022)
			JGraves		(Deceased		29~ April 2022)
			I Green
			R Gwynne
			KS Levin		(Resigned		18"December 2021)
			M Moran
			R,P Scott JSeddon		(Appointed		30'"March 2022)
			V Welsh SWood —Chair		(Appointed		14'"April 2021)
Secretary			VWelsh		(Appointed		24'" May 2021)
Independent			Paula Sanchez	ACCA
Examiner			C/o LCVS
			151 Dale Street,
			Liverpool,
			L2 2AH
Bankers			Barclays Bank UK PLC
			Leicester
			LE872BB
signed		ehalf ofthe Board ofTrustees
	Trustee				Date

		Notes	Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
Income and endowments	from		2021	202'I	2021	2020
Donations and legacies Charitable activities Other trading activities Investments Other income		3a 3b 3c 3d 3e	38,147 108,531 11,430 2 82,781	106,294	38,147 214,825 11,430 2 82,781	39,037 257,217 297 1,831
Total income			240,891	106,294	347,185	298,382
Resources expended
Raising funds Charitable activities		4'5	11,592 59,171	206,969	11,592 266,140	2,593 280,833
Total resources expended			70,763	206,969	277,732	283,426
Net (expenditure)/Income, movement In funds	net		170,128	(100,675)	69„453	14,956
Total funds brought forward		13,14	88,132	100,675	188,807	173,851
Total fund carried forward		12-14	258,260		258,260	188,807

						Unrestricted	Unrestricted	Restricted	Restricted	Total	Total
							Funds	Funds		Funds	Funds
							2021	2021		2021	2020
b.Charitable activities							6		6		E
Contract Income							9,855			9,855
Charter and static hire							30,129			30,129
Cruise fares							55,921			55,921	2,306
Culture Recovery	Fund for			Heritage				74,529		74,529	75,500
Garfield Weston	Foundation										15,000
Heritage Emergency		Fund									85,500
National Heritage Heritage Project	Lottery Fund —Marine							31,765		31,765	45,116
National Heritage Resilient Funding	Lottery Fund—										24,000
Membership subscriptions							12,626			12,626	9,795
							108,531	106,294		214,825	257,217
Charitable activities		in	2020	related to	F12,101 unrestricted			funds	and f245,116restricted
funds.
c.Other trading activities
Fundraising							590			590	247
Merchandise income							2,180			2,180
Catering income							8,660			8,660	50
							11,430			11,430	297
Other trading activities			in 2020 related		wholly	to	unrestricted	funds.
d. Investments
Bank interest
Investments in 2020		related		wholly to unrestricted			funds.
d. Other income
Insurance claim							82,781			82,781
HMRC Job Retention		Scheme									1,831
							82,781			82,781	1,831

Expenditure		on raising funds
			2021	2020
			E	E
Performers	and presenters		2,637	140
Merchandise			2,938	125
Catering costs			5,611	378
Other fundraising			406
Fundraising		consultants		1,950
			11,592	2,593
All expenditure		on raising funds is unrestricted	(2020:E2,593)

					Direct	Support	&	TOTAL	TOTAL
					Charitable	Governance		2021	2020
					Expenditure	Costs
							E
Preservation		restoration,		improvements
and maintenance			ofthe	steam powered	124,196	141,944		268,140	280,833
tug/tender	Daniel		Adamson

	a.Analysed as follows:	a.Analysed as follows:	a.Analysed as follows:
	Direct charitable	expenditure:			2021f	2020f
	Insurance —marine		policy		166	4,222
	Tug operating costs				93,524	150,516
	Volunteer expenses				187	169
	Transport hire				9,590
	Activities				20,729	500
	Mentor costs					7,500
	Training					209
					124,196	163,116
	Support & Governance			costs:	2021 f	2020f
	Staff salary costs Pension				67,966 2,064	74,296 2,056
	Marketing Insurance Subscription fees Bank charges				10,313 31,492 5,625 1,898	8,747 16,546 5,135 877
	Uniforms				293
	Meeting costs				92	143
	Travel expenses				3,377	479
	Evaluation costs					500
	Office and administration Pension charges			cost	16,969 396	7,359 396
	Payroll fees				329	183
	Accountancy				1,130	1,000
					141,944	117,717
	Total expenditure activities	on charitable			266,140	280,833
	f206,969(2020:f211,611)ofthe above expenditure relates to restricted						funding.
b.	Staff Costs				2021f	2020f
	Gross wages and salaries Social security costs				67,579 387	68,915 5,381
	Pension				2,064	2,056
					70,030	76,352

7.	and as requi covenant. Stock	red by the National H	eritage Lottery Fund	(NHLF)
			2021 f	2020 f
	Merchandise	closing stock	2,988	2,936
8.	Debtors
			2021f	2020 f
	Trade debtors			79,834
	Other debtors		7,603	18,273
			7,803	98,107

9. Creditors: amounts falling	9. Creditors: amounts falling	9. Creditors: amounts falling	due	due	within one	year
						2021	2020
Trade creditors						8,589	103,442
Accruals						1,130	2,000
Deferred	income	(see note	10)			8,458	13,365
						18,177	118,807
10.Deferred	Income
						2021	2020
Balance	at1"January 2021					13,365	E 8,301
Amount	deferred	in the year				113	5,064
Amount	released	to income				(5,020)	(-)
Balance	at31"December		2021			8,458	13,365
11.Financial	Instruments
						2021	2020
Carrying	amount	offinancial		assets		6	E
Debt Instruments cost		measured	at	amortised		2,988	82,798
Carrying	amount	offinancial		liability
Measured	at arnortised cost					9,719	105,442
12.Analysis	ofnet assets between				funds
	2021				Heritage	Net current	Total
					assets	assets
Unrestricted Funds
General Fund						258,259	258,260
Restricted	Funds
Totals						258,259	258,260

		2020		Heritage	Net current	Total
				assets	assets
Unrestricted Funds
General		Fund			88,131	88,132
Restricted Funds
Culture Heritage		Recovery	Fund for		69,388	69,368
Ga'rfield		Weston Foundation			14,642	14,842
National Heritage —Resilient Funding			Lottery Fund		16,445	16,445
					100,675	100,675
Totals					188,806	188,807
13.Unrestricted Funds
		2021			ovements	in the Year
				Funds	Income Expenditure		Funds
				at Beginning			at End
				ofYear			ofYear
General		Fund		88,132	240,891	(70,763)	258,260
		2020			Movements	in the Year
				Funds	Income Expenditure		Funds
				at Beginning			at End
				ofYear			ofYear
				6	E		E
General	Fund			108,512	51,435	(71,815)	88,132