2021-12-31-accounts

Reference and Administrative Details	Reference and Administrative Details	Reference and Administrative Details
Trustees' Report			2to8
Statement ofTrustees'		Responsibilities
Independent Examiner's		Report	10
Statement ofFinancial		Activities
Balance Sheet			12
Notes to the Financial	Statements		13to 22

			Unrestricted
			funds
				Restricted	Total	Total
			General	funds	2021	2020
		Note
Income and Endowments		from:
Donations and legacies		3	405,802	28,515	434,317	90,368
Other trading activities		4	32,586		32,586	12,571
Investment income		5	27,008	3,140	30,148	31,014
Total Income			465,396	31,655	497,051	133,953
Expenditure on:
Raising funds			(26,092)		(26,092)	(15,926)
Charitable activities			(165,022)	(35,985)	(201,007)	(169,048)
Total Expenditure			(191,114)	(35,985)	(227,099)	(184,974)
Gains/losses on investment
assets			133,165		133,165	69,370
Other recognised	gains and losses
Net movement in funds			407,447	(4,330)	403,117	18,349
Reconciliation offunds
Total funds brought	forward		2„051,180	313,897	2,365,077	2,346,728
Total funds carried	forward	17	2,458,627	309,567	2,768,194	2,365,077

			Balanc	e Sheet as at 31	December 20	21
						2021	2020
					Note
Fixed assets
Tangible assets					12	185,376	218,281
Investments					13	1,980,510	1,554,615
						2,165,886	1,772,896
Current assets
Stocks					14	10,204	11,304
Debtors					15	23,377	19,449
Cash at bank	and in hand					584,673	569,554
						618,254	600,307
Creditors: Amounts		falling	due within	one year		(15,946)	(8,126)
Net current	assets					602,308	592,181
Net assets						2,768,194	2,365,077
Funds ofthe	charity:
Restricted						309,567	313,897
Unrestricted	and Designated		income funds (note 17)			2,458,627	2,051,180
Total funds					17	2,768,194	2„365,077

		Unrestricted
		funds	Restricted	Total
		General	funds	funds
Donations	and legacies;
Donations f'rom individuals		57,892		57,892
Legacies		343,293	28,515	371,808
Gift aid	reclaimed	4,617		4,617
Total for 2021		405,802	28,515	434,317
Total for 2020		90,368		90,368

4 Income from other trading activities
	Unrestricted
	funds	Total
	General	funds
Trading income;
Sales ofgoods and services	32,586	32,586
Total for 2021	32,586	32,586
Total for 2020	12,571	12,571

5	Investment	inco	me
					Unrestricted
					funds	Restricted	Total
					General	funds	funds
Other investment		income			27,008	3,140	30,148
Total for 2021					27,008	3,140	30,148
Total for 2020					27,152	3,862	31,014
6	Expenditure	on	raising	funds
							Total
							costs
						2021	2020
							f.
Costs ofgenerating			donations	and legacies		4,491	6,110
Costs oftrading		activities				21,601	9,816
						26,092	15,926

						Unrestricted
								Total	Total
						General	Restricted	2021	2020
Boat and crew		equipment				58,603	(1,904)	56,699	33,459
Premises costs						6,848		6,848	17,825
Bank charges						16,423		16,423	12,621
Depreciation						19,668	37,889	57,557	65,421
Governance	and		support costs (note
8)						30,887		30,887	39,722
Lifeguard wages			and other	costs		32,593		32,593
						165,022	35,985	201,007	169,048
8 Analysis	ofgovernance				and support	costs
Governance	costs
							Unrestricted
								Total	Total
							General	2021	2020
Accountancy	and examination				fees
Accountancy		fees					3,329	3,329	3,055
Independent		Examiner's		remuneration			1,500	1,500	1,500
Wages							26,058	26,058	35,167
							30,887	30,887	39,722

12 Tangible fixed assets
	Land and	Furniture and
	buildings	equipment	Total
Cost
At 1 January 2021	145,670	822,469	968,139
Additions		28,748	28,748
Disposals		(9,709)	(9,709)
At 31December 2021	145,670	841,508	987,178
Depreciation
At 1 January 2021	100,474	649,384	749,858
Charge for the year	7,534	50,023	57,557
Eliminated on disposals		(5,613)	(5,613)
At 31December 2021	108,008	693,794	801,802
Net book value
At 31December 2021	37,662	147,714	185,376
At 31December 2020	45,196	173,085	218,281

			Investments	Total
Cost
At 1 January	2021		1,334,019	1,334,019
Additions			735,784	735,784
Disposals			(373,593)	(373,593)
At 31December 2021			1,696,210	1,696,210
At 1 January	2021		(220,596)	(220,596)
Charge for year			(63,704)	(63,704)
At 31December 2021			(284,300)	(284,300)
Market value
At 31December 2021			1,980,510	1,980,510
At 31December 2020			1,554,615	1,554,615
14 Stock
			2021	2020
Stocks			10,204	11,304
15 Debtors
			2021	2020
Hydrocarbon	tax recoverable		414	464
VAT recoverable			12,720	10,161
Other debtors			10,243	8,824
			23,377	19,449
16 Creditors:	amounts	falling due within one year
			2021	2020
Other creditors			12,524	5,483
Accruals			3,422	2,643
			15,946	8,126

						Balance at
		Balance at 1			Other	31
		January	Incoming	Resources	recognised	December
		2021	resources	expended	gains/(losses)	2021
Unrestricted	funds
General		2,051,180	465,396	(191,114)	133,165	2,458,627
Restricted funds		313,897	31,655	(35,985)		309,567
Total funds		2,365,077	497,051	(227,099)	133,165	2,768,194
						Balance at
		Balance at 1			Other	31
		January	Incoming	Resources	recognised	December
		2020	resources	expended	gains/(losses)	2020
Unrestricted	funds
General		1,992,135	130,091	(140,416)	69,370	2,051,180
Restricted funds		354,593	3,862	(44,558)		313,897
Total funds		2,346,728	133,953	(184,974)	69,370	2,365,077

18 Analysis ofnet assets between funds	Unrestricted
			Total funds
			31December
	General	Restricted	2021
Tangible fixed assets	71,708	113,668	185,376
Fixed asset investments	1,980,510		1,980,510
Current assets	422,355	195,899	618,254
Current liabilities	(15,946)		(15,946)
Total net assets	2,458,627	309,567	2,768,194
	Unrestricted		Total funds at
	funds	Restricted	31December
	General	funds	2020
Tangible fixed assets	84,609	133,672	218,281
Fixed asset investments	1,554,615		1,554,615
Current assets	420,082	180,225	600,307
Current liabilities	(8,126)		(8,126)
Total net assets	2,051,180	313,897	2,365,077

Detailed Statement	of	Financial	Activities for the	Year Ended 31 Decembe	r 2021
				Total	Total
				2021	2020
Income and Endowments	from:
Donations and legacies (analysed		below)		434,317	90,368
Other trading activities (analysed		below)		32,586	12,571
Investment income (analysed below)				30,148	31,014
Total income				497,051	133,953
Expenditure on:
Raising funds (analysed below)				(26,092)	(15,926)
Charitable activities (analysed below)				(201,007)	(169,048)
Total expenditure				(227,099)	(184,974)
Gains/losses on investment	assets	(analysed	below)	133,165	69,370
Net income				403,117	18,349
Net movement in funds				403,117	18,349
Reconciliation offunds
Total funds brought forward				2,365,077	2,346,728
Total funds carried forward				2,768,194	2,365,077

Detailed Statem	en	t	ofFinancial Activities for t	he Year Ended 31Decembe	r 2021
				Total	Total
				2021	2020
Donations and legacies
Legacies and bequests -	restricted			28,515
Legacies and bequests -	unrestricted			343,293	34,357
Appeals and donations				57,892	52,932
Gift Aid tax reclaimed				4,617	3,079
				434,317	90,368
Other trading activities
Sales ofpurchased goods				32,586	12,571
				32,586	12,571
Investment income
Income f'rom other investments			-restricted	3,140	3,862
Income Rom other investments			-unrestricted	27,008	27,152
				30,148	31,014
Raising funds
Primary purpose trading				(21,601)	(9,816)
Fundraising costs				(4,491)	(6,110)
				(26,092)	(15,926)
Charitable activities
Premises costs				(6,848)	(17,825)
Boat and crew equipment		-restricted		1,904
Boat and crew equipment		-unrestricted		(58,603)	(33,459)
Lifeguard wages and other		costs		(32,593)
Bank charges				(16,423)	(12,621)
Depreciation ofother tangible			-restricted	(37,889)	(44,558)
Depreciation ofother tangible			-unrestricted	(19,668)	(20,863)
Accountancy fees				(3,329)	(3,055)
Independent examiner's	fee			(1,500)	(1,500)
Management fees				(26,058)	(35,167)
				(201,007)	(169,048)
Gains/losses on investment		assets
(Gain)/loss on programme		related investments		133,165	69,370

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