**REGISTERED COMPANY NUMBER: 05057367 (England and Wales) REGISTERED CHARITY NUMBER: 1110884** 

Report of the Trustees and Unaudited Financial Statements for the Year Ended 5 April 2022 For MARINElife 



MARINElife 

Contents of the Financial Statements for the Year Ended 5 April 2022 

||Page|
|---|---|
|Report of the Trustees|1 to 2|
|Independent Examiner's Report|3|
|Statement of Financial Activities|4|
|Balance Sheet|5 to 6|
|Notes to the Financial Statements|7 to 10|
|Detailed Statement of Financial Activities|11 to 12|





MARINElife 

## Report of the Trustees 

## For the Year Ended 5 April 2022 

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 5 April 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005. 

## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 05057367 (England and Wales) 

## **Registered Charity number** 

1110884 

## **Registered office** 

1a Kingsbury’s Lane Ringwood Hampshire BH24 1EL 

## **Trustees** 

D Fyfe - appointed 30.10.10 R I Morris - appointed 30.4.12 C A Robertson - appointed 1.10.20 Rebecca Lofts - appointed 30.5.22 A S Denny - appointed 2.9.15 E C Stenhouse - appointed 18.9.21 

1 



Report of the Trustees of MARINElife For the Year Ended 5 April 2022 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** 

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. 

MARINElife is a Company limited by guarantee governed by its Memorandum and Articles of Association dated 26 February 2004 as amended by special resolution on 28 July 2005, 15 December 2007, 6 March 2010, 14 October 2010 and 2 December 2010. Registration as a charity with the Charities Commission was confirmed on 16 August 2005. 

There are currently 6 trustees, each of whom agree to contribute £10 in the event of the charity winding up. 

## **Risk management** 

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. 

## **OBJECTIVES AND ACTIVITIES** 

## **Objectives and aims** 

To promote for the benefit of the public the conservation, preservation and protection of marine animals particularly but not exclusively dolphins, whales, porpoises and cetaceans in all forms and to advance the education of the public in the same by: 

(1) Educating the public towards the need for their preservation. 

(2) Undertaking research on the preservation of all species of marine animals and to publish the results, and 

(3) Educating the public in their population, habitats, behaviour and threats. The main objectives for the year continue to be as stated. 

The strategies employed to achieve the charity's objectives are to: 

- Educate the public towards the need for their preservation 

- Undertake research on the preservation of all species of marine animals and to publish the results, and 

- Educate the public in their population, habitats, behaviour and threats. 

## **FINANCIAL REVIEW** 

## **Reserves policy** 

Reserves will continue to be closely administered to ensure financial viability and enable management progress. Any excess reserves will be channelled into our main objectives of education and research. 

Approved by order of the board of trustees on 12/12/2022 and signed on its behalf by: 


~~............................................~~ Mr Charles Archibald Robertson (Dec 17, . 

C A Robertson - Trustee 2022, 10:39am) 

2 



## Independent Examiner's Report to the Trustees of MARINElife 

I report on the accounts for the year ended 5 April 2022 set out on pages four to twelve. 

## **Respective responsibilities of trustees and examiner** 

The charity's trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. 

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: 

- examine the accounts under Section 145 of the 2011 Act 

- to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and 

- to state whether particular matters have come to my attention. 

## **Basis of the independent examiner's report** 

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below. 

## **Independent examiner's statement** 

In connection with my examination, no matter has come to my attention: 

- (1) which gives me reasonable cause to believe that, in any material respect, the requirements 

   - to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and 

   - to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities 

have not been met; or 

- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

Artema Ltd 

Date: 29/08/2022 

3 



MARINElife 

## Statement of Financial Activities for the Year Ended 5 April 2022 

|||||5.4.22|5.4.21|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total  funds Total  funds||
|||fund|fund|||
||Notes|£|£|£|£|
|**INCOMING RESOURCES**||||||
|**Incoming resources from**||||||
|**generated funds**||||||
|Voluntary income||49,888|-|49,888|40,475|
|Activities for generating funds|2|4,007|-|4,007|4,509|
|Investment income|3|5|-|5|15|
|JRS Income||1,109||1,109|6,966|
|**Total incoming resources**||55,009|-|55,009|51,965|
|**RESOURCES EXPENDED**||||||
|**Costs of generating funds**||||||
|Costs of generating voluntary income||1,167|-|1,167|1,093|
|Fundraising trading: cost of goods sold||||||
|and other costs||100|-|100|(1,751)|
|**Charitable activities**||||||
|Support costs||1,450|-|1,450|2,150|
|**Governance costs**||23,428|-|23,428|26,004|
|**Total resources expended**||26,145|-|26,145|27,496|
|**NET INCOMING/(OUTGOING)**||||||
|**RESOURCES**||28,864|-|28,864|24,469|
|**RECONCILIATION OF FUNDS**||||||
|**Total funds brought forward**||50,582|7,739|58,321|33,852|
|**TOTAL FUNDS CARRIED FORWARD**||79,446|7,739|87,185|58,321|



The notes form part of these financial statements 

4 

continued... 



MARINElife 

## Balance Sheet 

## At 5 April 2022 

|||||5.4.22|5.4.21|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total  funds Total  funds||
|||fund|fund|||
||Notes|£|£|£|£|
|**FIXED ASSETS**||||||
|Tangible assets|7|91|-|91|121|
|**CURRENT ASSETS**||||||
|Debtors|8|-|-|-|-|
|Cash at bank||79,530|7,739|87,269|58,400|
|||79,530|7,739|87,269|58,400|
|**CREDITORS**||||||
|Amounts falling due within one year|9|(175)|-|(175)|(200)|
|**NET CURRENT ASSETS**||79,355|7,739|87,094|58,200|
|**TOTAL ASSETS LESS CURRENT**||||||
|**LIABILITIES**||79,446|7,739|87,185|58,321|
|**NET ASSETS**||79,446|7,739|87,185|58,321|
|**FUNDS**|10|||||
|Unrestricted funds||||79,446|50,582|
|Restricted funds||||7,739|7,739|
|**TOTAL FUNDS**||||87,185|58,321|



The notes form part of these financial statements 

continued... 

5 



MARINElife 

## Balance Sheet - continued 

## At 5 April 2022 

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2022. 

The members have not required the charitable company to obtain an audit of its financial statements for the year ended 5 April 2022 in accordance with Section 476 of the Companies Act 2006. 

The trustees acknowledge their responsibilities for 

- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 

- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015). 

The financial statements were approved by the Board of Trustees on 12/12/2022 and were signed on its behalf by: 


~~.............................................~~ Mr Charles Archibald Robertson (Dec 17, 

C A Robertson -Trustee 2022, 10:39am) 

- 6 - 



MARINElife 

## Notes to the Financial Statements 

## for the Year Ended 5 April 2022 

## **1. ACCOUNTING POLICIES** 

## **Accounting convention** 

The financial statements have been prepared under the historical cost convention, and in accordance with Section 1A of the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. 

## **Incoming resources** 

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. 

## **Resources expended** 

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources. 

## **Tangible fixed assets** 

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 

## **Taxation** 

The charity is exempt from corporation tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity.  Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **Pension costs and other post-retirement benefits** 

The charitable company operates a defined contribution pension scheme.  Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. 

## **2. ACTIVITIES FOR GENERATING FUNDS** 

|Fundraising events|5.4.22<br>£<br>7,197|5.4.21<br>£<br>7,711|
|---|---|---|



7 



MARINElife 

## Notes to the Financial Statements - continued for the Year Ended 5 April 2022 

## **3. INVESTMENT INCOME** 

|Deposit account interest<br>**4.**<br>**NET INCOMING/(OUTGOING) RESOURCES**<br>Net resources are stated after charging/(crediting):<br>Depreciation - owned assets|5.4.22<br>£<br>5<br>5.4.22<br>£<br>30|5.4.21<br>£<br>15|
|---|---|---|
|||5.4.21<br>£<br>41|



## **5. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 5 April 2022 nor for the year ended 5 April 2021. 

## **Trustees' expenses** 

There were no trustees' expenses paid for the year ended 5 April 2022 or for the year ended 5 April 2021. 

## **6. STAFF COSTS** 

|5.4.22<br>£<br>Wages and salaries<br>18,214<br>Other pension costs<br>550<br>18,764<br>The average monthly number of employees during the year was as follows:<br>5.4.22<br>3|5.4.21<br>£<br>20,841<br>550|
|---|---|
||21,392|
||5.4.21<br>4|



The average monthly number of employees during the year was as follows: 

No employees received emoluments in excess of £60,000. 

8 



MARINElife 

## Notes to the Financial Statements - continued for the Year Ended 5 April 2022 

## **7. TANGIBLE FIXED ASSETS** 

|**COST**<br>At 6 April 2021 and 5 April 2022<br>**DEPRECIATION**<br>At 6 April 2021<br>Charge for year<br>At 5 April 2022<br>**NET BOOK VALUE**<br>At 5 April 2022<br>At 5 April 2021<br>**8.**<br>**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Other debtors<br>**9.**<br>**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Other creditors|Plant and<br>machinery<br>etc.<br>£<br>12,057<br>11,936<br>30<br>11,966<br>91<br>121<br>5.4.22<br>5.4.21<br>£<br>£<br>-<br>-<br>-<br>-<br>5.4.22<br>5.4.21<br>£<br>£<br>175<br>200<br>175<br>200|
|---|---|



9 



MARINElife 

## Notes to the Financial Statements - continued for the Year Ended 5 April 2022 

## **10. MOVEMENT IN FUNDS** 

|||Net||
|---|---|---|---|
|||movement||
|At 6.4.21||in funds|At 5.4.22|
||£|£|£|
|**Unrestricted funds**||||
|General fund|50,582|28,864|79,446|
|**Restricted funds**||||
|Restricted fund|7,739|-|7,739|
|**TOTAL FUNDS**|58,321|28,864|87,185|
|Net movement in funds, included in the above are as follows:||||
|Incoming||Resources|Movement|
|resources||expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|55,009|(26,145)|28,864|
|**Restricted funds**||||
|Restricted fund|-|-|-|
|**TOTAL FUNDS**|55,009|(26,145)|28,864|



10 



MARINElife 

## Detailed Statement of Financial Activities for the Year Ended 5 April 2022 

|**INCOMING RESOURCES**<br>**Voluntary income**<br>Donations<br>Legacies<br>Gift aid<br>Subscriptions<br>Income - grant receivable<br>**Activities for generating funds**<br>Fundraising events<br>**Investment income**<br>Deposit account interest<br>**Other Income**<br>Job retention scheme<br>**Total incoming resources**<br>**RESOURCES EXPENDED**<br>**Costs of generating voluntary income**<br>Subscription to Events/Donations/Platforms<br>**Fundraising trading: cost of goods sold and other costs**<br>Other direct costs<br>**Charitable activities**<br>Advertising<br>**Governance costs**<br>Wages<br>Pensions<br>Printing, postage & stationery<br>Travelling and subsistence<br>Accountancy<br>Professional assistance<br>Computer and IT Consumables<br>Insurance<br>Office expenses<br>Research Cost<br>Depreciation of tangible fixed assets|5.4.22<br>£<br>9,321<br>-<br>3,191<br>15,626<br>21,750<br>49,888<br>4,007<br>5<br>1,109<br>55,009<br>1,167<br>100<br>-<br>18,214<br>550<br>420<br>-<br>2,215<br>22<br>669<br>1,308<br>-<br>-<br>30<br>23,428|5.4.21<br>£<br>1,201<br>-<br>3,202<br>16,592<br>19,480<br>40,475<br>4,509<br>15<br>6,966<br>51,965<br>1,093<br>(1,751)<br>-<br>20,841<br>550<br>250<br>44<br>2,158<br>10<br>820<br>1,291<br>-<br>-<br>41<br>26,004|
|---|---|---|



This page does not form part of the statutory financial statements 

11 



MARINElife 

## Detailed Statement of Financial Activities 

## for the Year Ended 5 April 2022 

|**Support Costs**<br>**Management**<br>Support - Meetings, conference<br>Support costs - subscriptions<br>**Other**<br>Lyme Bay, Balearics project, Educational initiatives<br>**Total resources expended**<br>**Net (expenditure)/income**|5.4.22<br>£<br>-<br>-<br>-<br>1,450<br>26,145<br>28,864|5.4.21<br>£<br>-<br>739|
|---|---|---|
|||-<br>1,411|
|||27,496|
|||24,469|



This page does not form part of the statutory financial statements 

12 




## **Issuer** 

**Issuer** Artema Ltd **Document generated** Mon, 12th Dec 2022 12:24:10 UTC **Document fingerprint** 2dae34922c8aa31c7be4a9f229dafab9 

## **Parties involved with this document** 

## **Document processed** 

## **Party + Fingerprint** 

Sat, 17th Dec 2022 10:39:12 UTC 

Mr Charles Archibald Robertson - Signer (22f4a7ea50eb8054f86559dc81b8b1f8) 

## **Audit history log** 

## **Date Action** 

Sat, 17th Dec 2022 10:39:12 UTC The envelope has been signed by all parties. (77.100.226.24) Sat, 17th Dec 2022 10:39:12 UTC Mr Charles Archibald Robertson signed the envelope. (77.100.226.24) Sat, 17th Dec 2022 10:35:56 UTC Mr Charles Archibald Robertson viewed the envelope. (77.100.226.24) Sat, 17th Dec 2022 10:35:34 UTC Mr Charles Archibald Robertson opened the document email. (77.100.226.24) Fri, 16th Dec 2022 23:42:17 UTC Mr Charles Archibald Robertson opened the document email. (77.100.226.24) Mon, 12th Dec 2022 12:32:13 UTC Document emailed to archie.robertson@marine-life.org.uk (18.170.112.76) Mon, 12th Dec 2022 12:32:13 UTC Sent the envelope to Mr Charles Archibald Robertson (archie.robertson@marine-life.org.uk) for signing. (154.61.37.200) Mon, 12th Dec 2022 12:31:34 UTC Mr Charles Archibald Robertson has been assigned to this envelope (154.61.37.200) Mon, 12th Dec 2022 12:24:54 UTC Document generated with fingerprint 2dae34922c8aa31c7be4a9f229dafab9 (154.61.37.200) Mon, 12th Dec 2022 12:24:10 UTC Envelope generated by Ian Pope (154.61.37.200)