CULLERCOATS WATCH HOUSE (CompaDy Limited by Guranlee) TRUSTEE'S REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2025 IIIIWINIIII AF79NFLN* 2810712026 COMPANIÉS HOUSE Charity Registered No: 1126835 Co. Registered No: 5984013
CULLERCOATS WATCH HOUSE coNrENTS Trustees* Report IndepeDdeDt Examiner's Report Statement of Financial Aetivitits Balance Sheet Notes to the Accounts io-ii
CULLERCOATS WATCH HOUSE TRUSTEES. REPORT For Tbe Year Ended 31 October 2025 The Trustees present tbeir repx)rt and aUnts for the year ended 31 October 2025. REFERENCE & ADMINISTRATION DETAIL ame The name of the Charity changed on 30 July 2021 from -The Watch House Club" to "Cullercoats Watch House" Registration Number The organisation is a Charitable Company limited by Guarantee and not having a share capitsl. The Company registration llUMFr is 5984013.The Charity Commission registration number is 1126835.The Cl)arity Registration was effected on 21 November 2008. Addres$ The postal addr¢ss of the principal office of the charity is The W4t¢h Housel Front StreeL Cullereoats, Tyne and Wear, NE30 4QB Trnstees Trustees who served in otTice duTing the period I" November 2024 to the date of this report were as follows'.- Ms. N. E. Scorer (Chair from 28 November 2024) Mr. M. English Ms. H. M. IVhiteh¢ad Mrs. S. Cliffe (from 16 October 2025) Mr. P. V. Mccalvey (from 16 O¢tokn 2025) Ms. F Seccombe (from I l December2025) Mr. F. G. Taylor (to 28 November 2024) Mr. D. Humphreys (to 28 Novembei 2024) Mr. P. A Bro1 (to 14 April 2025) Mr. G. E. Harrison (to 15 January 2026) Mr. D. Hodgson (to 23 April 2026) Bankers HSBC Bank plc. Newcastle un Tyne.
STRUCTURL GOVERNANCE & MANAGEMENT Governing Document The organisation is governed by memorandum and articles of association of a charitsble ompany. Recrnitment & Appointment of Trustees The present trustees were appointed because of their connection with the Watch House and the communtty of Cull¢rcoats. Trustee4 other than Subscri1 tne* are apwinted at AGM or rnay be ¢o-OPted during the year by the existing Trustees. Induetioo aDd Training of Trnste49 The process of induction and training of new TftteeS is under the personal guidance and supervision of the existing Trustees. Organisational Struetsre and How Deeision$ gre Made The day to day management of the Clwity is in the hands of a Trustees a8SiStd by volunteers under the supervision of the chaim. R¢12tionships with Related Parties The administrdtion of the Charity is undertaken autonomously. However, theTe have been past arrangements with Dove Marine Laboratory. Cullerwats Primary School and the Cullercoats RNLI and Cullercoats Community Centre to facilitate community education and environmental projects. Risk Assessment The Trustees recognise their TesFK)nsibilities and are conunitted to rninimise all the risks that the CEwity may face. The njOr risks to which the Charity are exposed are identified by the Trustees in tenns of both probability and potential risk and are reviewed regularly together with systems and procedures to manage those risks. The major risk to tbe Clwity is that of maintaining a suitable level of income to maintain the Watch House property and continue to build cnmjnunity within the Cullercoats are OBJECTIVES & ACTIVITIES Tb¢ Object$ of the Charity The objects of the Cl)arity are &s follows:_ l) To preserve for the benefit of the people of North Tyneside and the nation at large, Cullercoats Watch House and its associated cultural history. 2) To advance education and provide facilities in the interests of social welfare for recreation and leisure time occupation with the object of improving the conditions of life for the said inhabitants.
The Aims of the Trust The aims of the Charity are to protect the Culler¢oats Watch House and retain the property and associated cujtural history for the benefit of the people of North Tyneside and build community. The Main Objeetiv¢g for the Year The main objective of the Charity in ternis of the propty. having obtsined professional surveys of various aspects to estsblish the condition of the building. has been a concerted effort to continue to raise fimds for the propety Tefurbisbment. During the course of the year external refurbishment of the building has been carried out and plaL8 for internal work ar¢ now being developed in conjunction with professional advisers. In tenns of building community, the trustees. with the help of additional volunteers, have this year extended greatly the commuDity use of the building. This is now in regular weekly use for a dolpbin watch group, a rockpool school, a meeting place for Bay swimming groups, exhibition space, yoga s¢ssions, councillor surgeries and special events and a weekly -warni space" for the local community. Strategi¢$ of the Charity The strategy of the Clwity h&8 been and continues to be on¢ of engagement of the local residents and commuDity organisations to stren8tben and eDlwice the COmrnUDity spirit and identity. Significance of Ackievements The matn achievement this year h&$ been the completton of the external Tefurbishment of the building and the continuing effort to raise funds for inlernaj improvements to ensure th¢ protection and refurbishment of the buijding whilst also endeavouring to n]ake progress in building community in the ar¢& ACHIEVEMENfs AND PERFORMANCE Review of Charity Activities The Trustees consider that the perforniance of the Charity in the assistance tt has provided to the local community to have been satisfactory. FINANCIAL REVIEW Reservu Policy The TrSteeS recognise the need to establish and maintsin a level of reserves that enables financial stability, that meets the requirements of working capitsl and cushions against fluctuations of income levels and in the financial p*rforn)ance of the Charity. Principal Funding Sourtts The Charity relies for the major part of its. income from fund raising activities and in view of the large anticipated refurbishment costs, a lot of time has been spent on and continues to be spent on applications to funders to provide additional external financial support. We are indebted to all who have assisted in these efforts and have given their support both financiaIly and in appIltion of their time.
IDvestmeDt P•li¢y The trust Iw jnvestnx plans as monies held on sIrt4¢T deposits aff only held wtth a view to building up monies to finance specifi¢ refiubiSbM projects. There is no fonDal ethical p)licy adopted at this stsge. PLANS FOR FirruRE PEIUODS The obiettives for firture periods contitiue ts) be those as set out earlier in this TeFM>rt and to this eniL the T welcome apptoaches for financial assistance or for personnel to &8SiSt with 't)pen and FutxkRaising Days- in line with its objectives and CUTreDt activitie& STATEMENTS OF TRUSTEES. RESPOF4SIBILITIES The Tnsstees are rquirol undet the cbarIti ACL to prepare financial st*emeDts for each financial year which give a true and fair view of the CIlty'S financial activities during the year and of its financial p)sition at the end of the year. lo preparing those rUwla1 statements the trste¢S should follow ixst practic¢ an(L._ l) select suitsble accounting pK)licies ar apply them consistently" 2) nke judgements and estitll that are teL8onable and pen( 3) stat¢ whether applicable ac¢ouDting standarth and stateoieots of tccommended practice hav¢ been followed. subject to any departur disclo%d and explained in the financial staterneats. 4) prepare the financial statements on a going concern basis unless it is inappropriate to &wune that the charity will continue in operation. The Trustees are r¢sponsÉble for keepin8 pfoFer ac4x)uThtitig records that disclose viith re&wnable accuracy at any time financial SItion of the Clwity and which enable them to ensure that tbe financial statements comply with applicable law and regu]ations. They are also responsible for safeguarding the assets of tbe Cbatity and hence for tsking re&8onable steps for the prevelltion and detection of fraud and other illegulaTities. Approval The Financial Accounts were appTovcd by the Tnjstees on ... their behalf. .. and signed on for Cullctu)ats Watch House MCOLA SCORER Chair
INDEPENDE EXAMINERS REPORT Report to the Trusttts of Cullettoats WAteh House on the Accounts for the year eDded 31st Oetober 2025 Charity No- 1126835 Respectiv¢ responsibilit1 0ftrust and examiAer The Charity's tnLStees consider that an audit is not required for tbis year (under Section 43(2) of the Cbarities Act 1993 (the Act) and that an independent examination is needed. It is my resEx)nsibility to Examine the accounts (under section 43 of the Act). Follow the procedures laid dow) in the General Directions given by the Charity Commission (under section 43(7Xb)of the Act). and State whether particular matters have come to my attention. 2). 3). Basig of independent examiner's statement My exatnination was Carried out in accordance with General Directions given by the Charity Commissioners. An examinatson includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with tIse records. It also includes consideration of any unusual ilems or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide ail the evidence that would be required in an audit and consequently I do not express an audit opinion on the accounts. Independent examiDer's slatement In the course of my examination, no Matter has come to my attention".- i). Which gives me reasonable cause to believe that in any material respecL the trustees have not met the requirements to ensure that proper accountiDg records are kept (in accordance with section 41 of the Act). and Accounts are prepar¢d which agree with the accounting records and Comply with th¢ accounting requirements of the ACL or 2). To which in my opinion attention sbould be drnwn in order to enable a proper understanding of th unts to be reached Signed Name Mark Thompson MAAT Address VODA Spirit of north Tyneside Wing 2 Floor, Wausend Cwstomer First centre 16 The Forum Wailsend NE28 8JR
CULLERCOATS WATCH HOUSE ststement of Flnanclal Artivities Year to 31 Ortober 2025 PennaDeDt Unrestrieted Restricted EDdoT¥meDt Funds Funds 2025 Totsl Funds Totsl Fmnds 2024 2025 2025 2025 ¥COMING RESOIIRCES Membersh&p Fees and Fundraising Donations Gift Aid Receivabl¢ Grants Received Room Rental Bank Intcr¢st 37.426 550 37.426 550 36.087 7.350 250 141.500 11,140 2,234 2.150 2.550 10,660 2.496 io 2896 Totsl Re8our¢e8 SI2 £ 2.150 £ 53,682 198,561 RESOURCES EXPEIWED Charitable Activities Fundraising Expenditur¢ Heat & Light Water Rates Insurdn¢¢$ Property R¢novations Telephone & Inwn¢t Postsge & Ststionery Licences & Subscriptions Professional Fees Bank Charge5 Sundry Expenses Equipment Depreciation Building D¢pre¢iation Governan¢e Costs Ind¢pep¢ndant EaMIne5 Fee Company Hous¢ Fees 5.035 3.650 537 857 11.894 247 4, 795 2,880 494 724 177.245 431 $37 11.894 247 178 178 1,160 J57 35 130 2.500 194 1.8( 166 270 153 2.500 157 35 130 2,500 2( 2(Ki 30 200 34 Total Resources Expended 2¥N) £ 12316 £ 11094 £ 26,610 191086 IYET INCOM]NG RESOURCES -q2.500) £ 39J16 -q9.744) £ 27.072 6,675 TOTAL FUNDS BROUGirr FORWARD 205.000 97J17 35.874 264.697 331,516 TOTALFUNDSCARRtEDFORWARD £ lo2 £ 136.633 £ 26,130 £ 291.769 338.191
CULLERCOATS WATCH HOIISE Balance Sheet as at 3tst Ortober 2025 2025 2024 Notrs Flxed knets The WatGh House ProTrty at Valuatio L¢5s depreciation Equipme0¢ at cost Less d¢pre¢iation le-f 250.000 47.SlXI 1.020 283 250.000 45,000 1.020 153 2015 205.000 737 867 203.237 205,867 Current Assets DebtOTS Cash and Bank J.650 J34.566 161.756 165.796 138.216 Curr¢ttt t4bilitif Creditors & Ac£n41s 3.770 5.892 162.026 132.324 £ 365263 338,191 R¢presented By: P¢nnanent EndowDJent Restricted FuniL% 201500 26.130 136.633 205.000 35.874 97.317 £ 365363 338,191 These a¢¢ounts have bern pffped with the wial provisions relating to S11 compatti¢s within Part 15 of the Cornpani¢s Act 2006 For the financial r0d ended 31st (ktober 21V24. the cthnpany was entttled kn exemption from audit under section 477 Companies A¢t 2006 and no noti¢¢ has be d¢S11cd und¢r section 476 The directors ackoowledge th¢ir resp)nsibiliti¢s for complying with the requitements of the TIse accounts were 41proved by the iM)ard on i NICOLA SCORER (Tnte£} tCHAEL ENGLISH (Trustee) i L/(Y/got
CULLERCOATS WATCH HOUSE NOTES TO THE ACCOUNTS Note l. - ACCOUNTING POLICIES {*) BASIS of preparatioD The financial statement have been preyard in accordance with Accounting and Reporting by Charities: Statement of Recommended Practi¢¢ appli¢abl¢ to clwÈties pr¢paring their acwiwts tn acwrdance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (eff¢ctive l January 2015)- Charities SORP (FRS 102), the Financial Rqy)rtin8 Stsndard applicable in the UK and Republic of ]reland (FRS 102) and the Comparjies A¢t 2006 (b) Funds Strnctsyt The Charity's fvnd structure is comprised of i). Pemian¢nt Endowment fund arising from the owneTship and the Watch House which is held as a freehold property. 2). Restricted Funds where dorjations have iw) given $cIfiCallY towards the refibiShrnent of the buildin& 3). Unr¢stricted Funds where no specific conditions have bem attach¢d to monies provided to the charity. The aims and obJts of the Charity ar¢ set Otit in Tnlee$ Re (c) IAcomiDg resour AII I•m]ng resource5 are TecogniseAI once the ChaTity has entitlement to the resources. it is certain that the resources will be received and the mon¢tary valu¢ of incoming resources can be measufftl with Sufficient reliability. (d) Resourteg exptllded Liabilities are recogni5ed as resour$ ¢xpeDd¢d as srMyD as there is a legal or constructive obligation committing the Charity to the expenditure. All expenditure is accounted for i)n a accTuals basis and has been cl&ssifJed under headings that aggregate all wsts related to the category. (e) Fixed wets The freehold property is stated at the estimated matket value on incorporation of the Charity. (O Depreciation Depreciation is provided on th¢ freehold prowty at the rdte of lyo per annum on a straight lin¢ basis. Note 2- DEBTORS 2025 540 3.500 2024 150 3250 Trad¢ d¢lknrs Gift Aid T&x refvndable Note 3- CREDITORS & ACCRUAi The creditors are accruals in respert of utility ¢05ts and annual return filing fees and a charges for refurbishment work. Note 4 . REMUNERATION No remuneration has been paid to any of th¢ Tnths in th¢ir roles as Trnstees. io
Note 5- FUNDS ANALYSIS Grants and Donations with a$Sl8ted Gift Aid refunds that have sp¢¢ifically been giv¢Th towards the r¢storntion of the building ar¢ held as "Restricted funds-. All other fund5 other than the p¢m)anent endownent are unTestricted. Note 6- RELATED PARTY TRANSAcfioNS There are no related party transactions. li