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|Reference
and Administrative
Details|Reference
and Administrative
Details|Reference
and Administrative
Details||
|---|---|---|---|
|Trustees' Report|||2 to 8|
|Statement ofTrustees'||Responsibilities||
|Independent
Examiner's||Report|10|
|Statement ofFinancial||Activities||
|Balance Sheet|||12|
|Notes to the Financial|Statements||13to 23|
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|||||Reference and Administrative|Reference and Administrative|Reference and Administrative|Reference and Administrative|Details|Details|
|---|---|---|---|---|---|---|---|---|---|
|Chairman||||Mr P Sheppard||||||
|Trustees||||Mr P Shepperd||||||
|||||Mrs K C Bishop||||||
|||||Mrs N Cook||||||
|||||Mrs C Young||||||
|||||Mr IFletcher||||||
|||||Mr A Dean||||||
|||||Mr RHedger||||||
|Secretary||||Mrs N Cook||||||
|Charity Registration|||Number|1105914||||||
|Company|Registration||Number|05218116||||||
|||||The charity is|incorporated||in|England|and Wales.|
|Registered||Offic||The Lifeboat|Station|||||
|||||The Esplanade||||||
|||||Sidmouth||||||
|||||Devon||||||
|||||EXI0SBE||||||
|Independent||Examiner||Easterbro okEaton Limited||||||
|||||Cosmopolitan|House|||||
|||||Old Fore Stroet||||||
|||||Sidmouth||||||
|||||Devon||||||
|||||EXI0 8LS||||||
|Solicitors:||||Michelmores||||||
|||||c/o Michelmores||LLP||||
|||||Harston||||||
|||||Church Street||||||
|||||Sidmouth||||||
|||||Devon||||||
|||||EXIO SLT||||||
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|||Unrestricted||||
|---|---|---|---|---|---|
|||funds||||
||||Restricted|Total|Total|
||Note|General
f|funds|2022|2021|
|Income and Endowments|from:|||||
|Donations
and legacies|3|382,500|363,099|745,599|434,317|
|Other trading activities|4|37,061||37,061|32,586|
|Investment
income|5|41,390|5,125|46,515|30,148|
|Total Income||460,951|368,224|829,175|497,051|
|Expenditure
on:||||||
|Raising funds
Charitable
activities||(29,344)
42205,563|~30,452|(29,344)
~236,035|(26,092)
~203,00|
|Total Expenditure||~2349071|~30452|~265,359|~227,0997|
|Gains/losses
on investment
assets||~244,000|~33,49|~255,496|133 165|
|Other recognised
gains and losses||||||
|Net movement
in funds||(17,956)|326,276|308,320|403,117|
|ReconciiHatton
offunds||||||
|Total funds brought
forward||2,458,627|309,567|2,768,194|2,365,077|
|Total funds carried forward|17|2,440,671|635 843|3,076 514|2,768,194|
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||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
|||||||Note|||
|Fixed assets|||||||||
|Tangible assets||||||12|149,239|185,376|
|Investments||||||13|2 015,376|1,980,510|
||||||||2,164,615|2,165,886|
|Current
assets|||||||||
|Stocks||||||14|14,306|10,204|
|Debtors||||||15|278,584|23,377|
|Cash at bank|and|in hand|||||624,328|584,673|
|Creditors: Amounts|||falling|due within|one year|i 6|917,218
~i,319|618,254
~15,94|
|Net current|assets||||||911,899|602,308|
|Net assets|||||||3,076,514|2,768,194|
|Funds ofthe|charity:||||||||
|Restricted|||||||635,843|309,567|
|Unrestricted|and Designated|||income funds (note 17)|||2,440,671|2,458,627|
|Total funds||||||17|3,076,514|2,768,194|
|For the f'mancial||year|ending|31December 2022 the charity was entitled to exemption
fiom audit under section|||||
|477ofthe Companies|||Act 2006 relating||to small companies.||||
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|||Unrestricted|||
|---|---|---|---|---|
|||funds|Restricted|Total|
|||General|funds|funds|
|Donations|and legacies;||||
|Donations
from individuals||66,815||66,815|
|Legacies||309,220|363,099|672,319|
|Gitl aid|reclaimed|6,465||6,465|
|Total for 2022||382,500|363,099|745,599|
|Total for 2021||405,802|28,515|434,317|
##
||Unrestricted||
|---|---|---|
||funds|Total|
||General|funds|
|Trading income;|||
|Sales ofgoods and services|37,061|37,061|
|Total for 2022|37,061|37 061|
|Total for 2021|32 586|32,586|
##
||||Unrestricted|||
|---|---|---|---|---|---|
||||funds|Restricted|Total|
||||General|funds|funds|
|Other|investment|income|41,390|5,125|46,515|
|Total|for 2022||41,390|3123|46,515|
|Total|for 2021||27,008|3,140|30,148|
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||||||||Total|
|---|---|---|---|---|---|---|---|
||||||||costs|
||||||||8|
|||||||2022|2021|
|Costs|ofgenerating||donations|and|legacies|8,074|4,491|
|Costs|oftrading|activities||||21,270|21,601|
|||||||29,344|26,092|
##
|||||Unrestricted||||
|---|---|---|---|---|---|---|---|
|||||||Total|Total|
|||||General|Restricted|2022|2021|
|||||||E||
|Boat and|crew equipment|||81,602||81,602|56,699|
|Premises|costs|||13,660||13,660|6,848|
|Bank charges||||14,502|848|15,350|16,423|
|Depreciation||||20,004|28,461|48,465|57,557|
|Governance||and support|costs (note|||||
|8i||||31,915||31,915|30,887|
|Lifeguard|wages and other costs|||43,880||43,880|32,593|
|Barbara Gates restricted|||fund|||||
|expenditure|||||1,143|1,143||
|||||205,563|30,452|236,015|201,007|
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|||||Unrestricted|||
|---|---|---|---|---|---|---|
||||||Total|Total|
|||||General|2022|2021|
|Accountancy|and examination||fees||||
|Accountancy|fees|||3,058|3,058|3,329|
|Independent|Examiner's|remuneration||1,500|1,500|1,500|
|Wages||||27,357|27,357|26,058|
|||||31915|31,915|30,887|
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||||2022|2021|
|---|---|---|---|---|
|||||f|
|Other fees to examiners|||||
|Examination-related|assurance|services|1,500|1,500|
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|12 Tangible
fixed assets||||
|---|---|---|---|
||Land and|Furniture
and||
||buildings|equipment|Total|
|Cost||||
|At I January 2022|145,670|841,507|987,177|
|Additions
Disposals||12,328
~710,770|12,328
~170,770|
|At 31December 2022|145,670|743 065|888,735|
|Depreciation||||
|At I January 2022|108,008|693,793|801,801|
|Charge for the year
Eliminated
on disposals|7,534|40,098
~709,937|47,632
~109937|
|At 31Decembor 2022|115,542|623,954|739,496|
|Net book value||||
|At 31December 2022|30,128|119,111|149,239|
|At 31December 2021|37662|147714|185,376|
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|||Investments|Totalf|
|---|---|---|---|
|Cost||||
|At 1 January|2022|1,696,210|1,696,210|
|Additions
Disposals||661,590
~315,778|661,590
~375,778|
|At 31December 2022||2,042,022|2,042,022|
|At 1 January|2022|(284,300)|(284,300l|
|Charge for year||310,946|310,946|
|At 31December 2022||26,646|26,646|
|Market value||||
|At 31December 2022||2,015,376|2,015,376|
|At 31December 2021||1980510|1980510|
|14 Stock||||
|||2022|2021f|
|Stocks||14,306|10P04|
|15 Debtors||||
|||2022|2021|
|Hydrocarbon|tax recoverable|930|414|
|VAT recoverable||20,268|12,720|
|Other debtors||257,386|10,243|
|||278,584|23,377|
|16 Creditors: amounts|falling due within one year|||
|---|---|---|---|
|||2022|2021|
|Other creditors||839|12,524|
|Accruals||4,480|3,422|
|||5,319|15,946|
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|17 Funds||||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||||Balance atI|||Other|31|
||||January|Incoming|Resources|recognised|December|
||||2022|resources
f|expended|gains/fiosses)|2022
f|
|Unrestricted||funds||||||
|General|||2,458,627|460,951|(234,907)|(244,000)|2,440,671|
|Restricted|funds||309,567|368 224|~30452|~77,496|635,843|
|Total funds|||2,768,194|829, 175|~265,359|~255,496|3,076,514|
||||||||Balance at|
||||Balance at I|||Other|31|
||||January|Iacoming|Resources|recognised|December|
||||2021|resources|expended|gains/(losses)|2021f|
|Unrestricted||funds||||||
|General|||2,051,180|465,396|(191,114)|133,165|2,458,627|
|Restricted|funds||313897|31,655|~35,985||309567|
|Total funds|||2,365,077|497,051|~227, 099|133,165|2,768,194|
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||Unrestricted|||
|---|---|---|---|
||||Total funds|
||||31Deceruber|
||General|Restricted|2022|
||f|||
|Tangible fixed assets|63,859|85,381|149,240|
|Fixed asset investments
Current assets
Current liabilities|1,786,585
595,546
~5,3)9|228,791
321,671|2,015,376
917,217
~)5,3)9|
|Total net assets|2,440,671|635,843|3,076,514|
||Unrestricted||Total funds at|
||funds|Restricted|31December|
||General|funds|2021|
|Tangible fixed assets|71,708|113,668|185,376|
|Fixed asset investments|1,980,510||1,980,510|
|Current assets
Current liabilities|422,355
~)5,946)|195,899|618,254
(15,9463|
|Total net assets|2 458 627|309567|2,768,194|
##
|||||Total|Total|
|---|---|---|---|---|---|
|||||2022|2021|
|Income and Endowments|from:|||||
|Donations
and legacies (analysed below)||||745,599|434,317|
|Other trading activities
(analysed below)||||37,061|32,586|
|Investment
income (analysed below)||||46 515|30,148|
|Total income||||829,175|497,051|
|Expenditure
on:||||||
|Raising funds (analysed
below)
Charitable
activities
(analysed||below)||(29,344)
~236,015|(26,092)
~201,0071|
|Total expenditure
Gains/losses
on investment|assets (analysed||below)|(265,359)
~255,496|(227,099)
133,165|
|Net income||||308,320|403,117|
|Net movement
in funds||||308,320|403,117|
|Reconciliation
offunds||||||
|Total funds brought
forward||||2,768,194|2,365,077|
|Total funds carried forward||||3,076,514|2,768,194|
##
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|Detailed Stateme|ttt|ofFinanc|ial|Activities for the|Year Ended 31Dece|mber 2022|
|---|---|---|---|---|---|---|
||||||Total|Total|
||||||2022|2021|
|Donations and legacies|||||||
|Legacies and bequests
-restricted|||||353,099|28,515|
|Legacies and bequests
-restricted|||||10,000||
|Legacies and bequests
-unrestricted|||||309,220|343,293|
|Appeals
and donations|||||66,815|57,892|
|Gift Aid tax reclaimed|||||6,465|4,617|
||||||745,599|434,317|
|Other trading
actlvltles|||||||
|Sales ofpurchased
goods|||||37,061|32,586|
||||||37,061|32,586|
|fnvestment
income|||||||
|Income tram other investments||-restricted|||5,125|3,140|
|Income I'rom other investments||- unrestricted|||41,390|27,008|
||||||46,515|30,148|
|Raising funds|||||||
|Primary purpose trading
Fundraising
costs|||||(21,270)
~8,074
29,344|(21,601)
~4,497
~26,092|
|Charitable
activities|||||||
|Premises costs|||||(13,660)|(6,848)|
|Boat and crew equipment|-restricted|||||1,904|
|Boat and crew equipment|-unrestricted||||(81,602)|(58,603)|
|Lifeguard
wages and other|costs||||(43,880)|(32,593)|
|Barbara Gates restricted fund||expenditure|-restricted||(1,143)||
|Bank charges - restricted|||||(848)||
|Bank charges - unrestricted|||||(14,502)|(16,423)|
|Depreciation ofother tangible||-restricted|||(28,461)|(37,889)|
|Depreciation ofother tangible||-unrestricted|||(20,004)|(19,668)|
|Accountancy
fees|||||(3,058)|(3,329)|
|Independent
examiner's
fee
Management
fees|||||(1,500)
~27,967|(1,500)
~26,068|
||||||236,015)|201,007|
|Gains/losses
on investment|assets||||||
|(Gain)/loss
on programme|related investments|||-restricted|11,496||
|(Gain)/loss
on programme|related investments|||- unrestricted|~6244,000|133,165|