DERWENTHAUGH BOAT STATION Charity number 1116230 Annual statement of accounts For the year ended 31" March 2024 And Independent Examiner's report on the Accounts
(HARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trustees DERWENTHAUGH BOAT STATION On accounts for the year ended 31 $1 MARCH 2024 Charity no (if any) 1116230 Set out on pages I report to the trustees on my examination of the accounts of the above charity (llhe Trust.) for the year ended 3110312024. Responsibiltties and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145{5){b) of the Act. Independent examiner's ststement I have completéd my oxamination. I confim that no material matters have come to my attention in connection with the examination (other than that disclosed below ") which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charities Act. or the accounts did not aGGord with the accounting records. or the accounts did not comply with the applicable requirements conceming the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets rf they do not apply. SRgned: Date: 2210512024 Name: Richard C F Beattie Relevant professional qualification{s) or body FCA IER Oct 2018
(if any): Address: 30 Low Gosforth Court Melton Park Newcastle upon Tyne Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief detalls of any items that the examiner wishes to disclose. None IER Oct 2018
SEA CADETS Annual statement ofaccountsforthe unlt DERWENTHAUGH BOATSTATION (charity number 1116230) Accounts ForTheYear Ended March 31st 2024 THISYEAR LASTYEAR 2023 NOTES INCOMEIRECEIPTS ANALYSIS HQGRANTS CAPITATION TRAVEL EXPENSE REFUNDS SCVA OTHER GRANTS CADETCONTRIBUTIONS OTHER DONATIONS LEGACIES 2024 18,000.00 6,807.00 200.00 679,23 MOD BOAT REPAIR GRANT FUND RAISING PROCEEDS SPECIAL EVENTS RECEIPTS OTHER CHARITABLE ACTIVITIES COMPETITION RECEIPTS COURSE FEES SUNDRYSALES RECEIPTS INVESTMENT INCOME RECEIVED BANK DEPOSIT INTEREST PROPERTY RENTS OTHER REVENUE RECEIFrs 30.045.16 37,628.88 2.368.25 9,633.00 2,790.09 1.060.33 6,552.00 1,355.66 TOTAL REVENUE RECEIPT5 63,038.50 54,083.10 NON REVENUE RECEIPTS INVESTMENTSALES RECEIPTS SALES OF OTHER FIXED ASSEts LOANS RECOVERED TRANSFERS FROM ANYOTHER FUNDS OFTrIE UNIT NON REVENUE RECEIPTSTOTAL 0.00 A+B-C 63.036.50 54,083.10 NET CHANGE FOR THE YEAR IN CASH I BANK BALANCE THIS YEAR 8.568.10 -12.494.35 -3,926.25 LAST YEAR 8,096.98 -14.922.60 -6,825.62 B-E 70251.10 77,076.72 66,324.85 70,251.10 Page AC I
SEA CADETS Annual statement ofaccounts forthe unit DERWENTHAUGH BOATSTATION {chaTity number 1116230) Accounts ForThe Year Ended March 31st 2024 THISYEAR 2024 LAST YEAR 2023 NOTES PAYMENTS ANALYSIS FUND RAISING COSTS INVESTMENT MANAGEMENT COSTS DIRECT CHARITABLE ACTIVITY COSTS SPECAL EVENT COSTS COMPETITION COSTS TRAVEL COSTS CATERING COSTS TRAINING COURSE COSTS GRANTS OVERHEAD COSTS RENTICOUNCIL TAX HEAT, LIGHT &WATER COMMUNICATION POSTAGE PRINTING & STATIONERY MAINTENANCE COSTS BUILDINGS BOATS VEHICLES COMPUTERS OTHER EQUIPMENT FUEL INSURANCE BANK INTEREST & CHARGES CHARITY GOVERNANCE COSTS AUDIT & INDEPENDENT EXAMINATION COSTS ACCOUNTS PREPA114TION LEGAL COSTS OTHER REVENUE COSTS 14,197.57 12.920.73 2.870.00 10,459.53 667.38 2.018.43 12,207.54 599.72 15,870.18 2,686.66 593.60 7,033.81 3,810.66 956.72 323.35 1.828.98 4,318.35 5.540.81 1.259.32 291.18 54,468.40 45,986.12 NON REVENUE PAYMENTS INVESTMENT PURCHASES FIXED ASSET PURCASES LOANS TRANSFERS FROM OTHER FUNDS OFTHEUNIT ANY OTHER NON REVENUE PAYMENTS 12.494.35 14.922.60 12A94.35 14,922.60 66,962.75 60,908.72 Page AC2
SEA CADETS Annual statement of accounts forthe unit DERWENTHAUGH BOAT STATION (charity number 1116230) Accounts ForThe Year Ended March 31st 2024 NOTES THIS YEAR 2024 LAST YEAR 2023 ASSETS AND LIABILIESANALYSIS ASSETS CASHIBANK BALANCES AT YEAR END BANK DEPOSITS STOCKS OF ITEMS INVESTMENTS 66,324.85 70.251.10 OTHER FIXED ASSETS LAND & BUILDINGS BOATS VEHICLES COMPUTERS OTHER EQUIPMENT 538,708.00 600.00 8,520.00 14,310.00 599,200.00 1,800.00 13,520.00 13,310.00 LIABILITIES LOANS REPAYABLE OTHER CREDITORS CONTINGENT LIABILITIES OTHER NOTES TRUSTEES REMUNERATION TRUSTEE EXPENSES REIMBURSED ANYTRUSTEE CONNECTIONS NONE NONE NONE NONE NONE NONE Signed as author. bythe Units Management committee- date UNITTREASURER UNIT CHAIRMAN Page AC3
SEA CADETS Annual statement of accounts for the unit DERWENTHAUGH BOAT STATION (charlty number 1116230) Accounts For The Year Ended March 31st 2024 UNIT ADDRESS FOR CORRESPONDENCE UNITLOCATION ADDRESS HOUSE STREET AND NUMBER DISTRICT TOWNICITY COUNTY POST CODE Auerwash 218 Hexham Road ThiockLey Newcastte upon Tyne Tyne &Wear NE159QU DeyenthaUgh Marina Blaydon Gateshead Tyne & Wear NE215LL Unlt management Committee fflembers (The CharttyTfUStees)atthedate of signlngthe report MrASimpson MBE Mr M Stronach Mrwshepherd MrRWoodman MrP Brown Ms P Duckworth Names ot any othei personswhomTIysteeS ofthe Untt at anytlme inthefinanclalyeaT None Nature and date of the Unlvs conslitutlon Governed by Sea Cadet Regutstions The m0d adopted for recruftlngiappolntlngi decting newtrustee5 torthe Unlt Newtrustees and existingtnjstees have to be elected annuallyatthe nextAGM. In the event of a vacancy. the Commrttee has the powerto electa new memberwho can serve up to the nextAGM. That new member requires to be forn1[yeLeCte atthatAGM. The Univ$ charltable purposes are set out In Itsconstltutlon These are primarilyto help young peopletowards responsible adutthood tyencourawngvaluabie personalattributes and high standards of conduct, using a nauticaltheme based on the customs of the Royal Navy. Pubuc Benefft In striving to achieve its charitable purposes. the Unit aimsto developyoung people and help them achleve thelr physical, intellectual and social potential as indmduats and spOnSIble citizen5 in a safe environment The Unit welcomes young people from all backgtounds. inciudingwhere possible those with t1isabilities. The Unlt's actNltles are; regular and structured. mainly wtth a nauticaltheme connected to the wider Sea Cadet movement includingseaborne actfvltles. include events and competttions at District. Area and Nationalleveis prowding courses with fomialeducationalthemeswith resulting badges and promotions Contributions bythe participants aTr kept lowin orderto ensure thosevthowish to take part in the activities of the Unit maydoso. Page AC4
SEA CADETS Annual statement of accounts for the unit DERWENTHAUGH BOAT STATION (charlty number 1116230) Accounts For The Year Ended March 31st 2024 Reserves Pollcy The charity trustees. pollcy aims to maintain unrestricted reserves ata level equatingto 6 months revenue payments in order to safeguard the Unit's ongoing actiVSties from any unexpected fluctuations in income. The year end reserves amounted to £26.325 equal to 6 months on that basis. Designated reserves The Unit holds £IO.000 in designated funds representing fixed assetslprojects needed forfuture activities. The Unit also holds designated funds of £30,000 for any emergency requiring high unforeseen costs Aestrfcted funds in deflclt None Special donated facllftleslseNices None Segregatlon of assets Where assets are held by the trustees or Unit and are segregated from the Unit's legal assets then they require to be in safe custody with special arrangements Not applicable for this Unit Authorlsed bythe Unlvs management commlttee forfornis AC4 and AC5 Unit Treasurer Unit Chairman Independent Examiner The Independent Examlnefs report on the SL*ement of Account is attached Page AC5