# 

# 



## 

|||Page|
|---|---|---|
|Trustees'<br>Annual<br>Report|||
|Statements<br>ofTrustees'|Responsibilities||
|Independent<br>Examiner's|Report||
|Statement<br>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<br>A Daulby - Treasurer<br>Dr D Fleming||(Appointed <br>(Resigned <br>(Resigned||1"December 2021)<br> 1"November 2021)<br> 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<br>JSeddon||(Appointed||30'"March 2022)|
||||V Welsh<br>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<br>and legacies<br>Charitable<br>activities<br>Other trading<br>activities<br>Investments<br>Other income||3a<br>3b<br>3c<br>3d<br>3e|38,147<br>108,531<br>11,430<br>2<br>82,781|106,294|38,147<br>214,825<br>11,430<br>2<br>82,781|39,037<br>257,217<br>297<br>1,831|
|Total income|||240,891|106,294|347,185|298,382|
|Resources expended|||||||
|Raising funds<br>Charitable<br>activities||4'5|11,592<br>59,171|206,969|11,592<br>266,140|2,593<br>280,833|
|Total resources expended|||70,763|206,969|277,732|283,426|
|Net (expenditure)/Income,<br>movement<br>In funds|net||170,128|(100,675)|69„453|14,956|
|Total funds brought<br>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<br>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<br>Emergency||Fund|||||||||85,500|
|National<br>Heritage<br>Heritage Project|Lottery Fund —Marine|||||||31,765||31,765|45,116|
|National<br>Heritage<br>Resilient<br>Funding|Lottery Fund—||||||||||24,000|
|Membership<br>subscriptions|||||||12,626|||12,626|9,795|
||||||||108,531|106,294||214,825|257,217|
|Charitable<br>activities||in|2020|related to|F12,101 unrestricted|||funds|and f245,116restricted|||
|funds.||||||||||||
|c.Other trading<br>activities||||||||||||
|Fundraising|||||||590|||590|247|
|Merchandise<br>income|||||||2,180|||2,180||
|Catering<br>income|||||||8,660|||8,660|50|
||||||||11,430|||11,430|297|
|Other trading<br>activities|||in 2020 related||wholly|to|unrestricted|funds.||||
|d. Investments||||||||||||
|Bank interest||||||||||||
|Investments<br>in 2020||related||wholly to unrestricted|||funds.|||||
|d. Other income||||||||||||
|Insurance<br>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<br>costs||||93,524|150,516||
||Volunteer expenses||||187|169||
||Transport<br>hire||||9,590|||
||Activities||||20,729|500||
||Mentor costs|||||7,500||
||Training|||||209||
||||||124,196|163,116||
||Support<br>& Governance|||costs:|2021<br>f|2020f||
||Staff salary costs<br>Pension||||67,966<br>2,064|74,296<br>2,056||
||Marketing<br>Insurance<br>Subscription<br>fees<br>Bank charges||||10,313<br>31,492<br>5,625<br>1,898|8,747<br>16,546<br>5,135<br>877||
||Uniforms||||293|||
||Meeting costs||||92|143||
||Travel expenses||||3,377|479||
||Evaluation<br>costs|||||500||
||Office and administration<br>Pension charges|||cost|16,969<br>396|7,359<br>396||
||Payroll fees||||329|183||
||Accountancy||||1,130|1,000||
||||||141,944|117,717||
||Total expenditure<br>activities|on charitable|||266,140|280,833||
||f206,969(2020:f211,611)ofthe above expenditure<br>relates to restricted||||||funding.|
|b.|Staff Costs||||2021f|2020f||
||Gross wages and salaries<br>Social security costs||||67,579<br>387|68,915<br>5,381||
||Pension||||2,064|2,056||
||||||70,030|76,352||





## 

## 

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





|9. Creditors: amounts<br>falling|9. Creditors: amounts<br>falling|9. Creditors: amounts<br>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<br>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<br>cost||measured|at|amortised||2,988|82,798|
|Carrying|amount|offinancial||liability||||
|Measured|at arnortised<br>cost|||||9,719|105,442|
|12.Analysis|ofnet assets between||||funds|||
||2021||||Heritage|Net current|Total|
||||||assets|assets||
|Unrestricted<br>Funds||||||||
|General Fund||||||258,259|258,260|
|Restricted|Funds|||||||
|Totals||||||258,259|258,260|





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





## 

## 




## 

## 

##