Weymouth Clvic Society (A Char¥tablè Company Limlt•d by Guarantsel Annual Report and Financial Statements For the Period from 01 October 2022- 31 March 2024 Company number: 08137463 Charlty R•gi$tsr¢d In England and Wales Numb•r: 1148603 111 *156• 1711212024 COMPfvNIES HOUSE
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Weymouth Civic Society Contents For the Period from 01 October 2022- 31 March 2024 Page Reference and administrative details Trustees. report 2-10 Independent examiners reFort 11 Statement of financial admties 12 Balance Sheet 13 Cash Flow 14 Notes to the accounts 15-27
Weymouth Civic Society Reference and Administrative Details For the Period from 01 October 2022 - 31 March 2024 Trusteesl Directors R Burgess G Dewey J Fafquhatson M Foster Dr K Holdaway A Knowles GPe C Wilson Registered Office Tudor House 3 Trinity Street Weymouth Dorsel DT4 8TW Charity Number 1148603 Company Number 08137463 Independent Examlner Michelle Ferris Bsc {Hons) FCA DChA Albert Goodman LLP Leanne House 6 Avon Close Weymouth Dofsel DT4 9UX Bankers Barclays Bank PIC 2 St Mary Street Weymoulh Dorset Prluced by Albèrt G¢x#Jman LLP P8ye 1
Weymouth Civic Society Trustees. Repart For the Period from 01 October 2022 - 31 March 2024 Report of the Trustees for the period from 01 October 2022 - 31 March 2024 The Trustees present their annual report and financial statements of the Charity for the period from 01 October 2022 - 31 March 2024. The financial ststements have been prepared in accordance with the accounting poli¢ies set out in note 1 lo the accounts and comply with the charity's Memiyandum arKI Articles of ASsociatic. the Charities Act 2011 and the Slalement of Recommended Practice. Accounting and Reporting by Charities {SORP FRS 102- implemented 1 January 2019), and are in accordance wlh the special provIsnS relating to small companies within Part 15 of the Ccmpanies Act 200& The report covers activities for the period up to June 2024. alihough the finances only cover the finanual pericKI from 01 October 2022 - 31 March 2024. Structurè. govèrnance and management Weymouth Civic Society was incorporated on 10 July 2012 and tcL)k over the hJnclions of the original Weymouth Civic Srtiety on 1 October 2012. Th& Society is constituted as a company limiled by guarantee, arKI is goVerd by Arti¢les of Association. and rndings of the Charity CmisSion. for the public benefrt. The Charitys obje¢ts, as sel out in its goveming documents are: al To stimulate public interest in the area. bl To promote hvJh standards ol planning and architecture in the area. c) To secure the preseNalion. protection, development and improvement of features of historic. natural or environmental InteSt in the area. d) To a•re buildings of historic interest in the area wilh a view to their maintenance and long tenn Pfeservalion and lo open such buildings to the public with a view to increasing their appreciation and uThJerslanding of the local heritage. e) To undertake any relevant aclivities to further these objectives insofar as they shall be charitable. The Society's objects are specifically restricted as relatin9 to the area of Weymouth and Portland and ils surroundings.. arKJ To operate museums. For the purpose of these accounts the Direclors and Trustees are in fact one and the $e. Where the word Trustee appears. the term Director is also implic1Y inferred arKI vice versa. Directors who have served during the year and since the year erKI are as noled below". Chris Moyle Graham Perry Dr Keith Holdaway Maxine Fosler James Farquhars Chris Wilson Graham Dewey Pauline Crump Chair {resigned 30 Odober 20241 Vitschair Treasurer Company Selary Chair. Nothe Fort Management Committee Chair. Tudc* House Managemeni Committee Chair, Planning and Environment Committee Chair. Planning and Environment Committee (resigned 21 September 20221 Director Director Director (appointed 17 August 2022 & resigned 6 January 2023) Andrew KwIeS Richard Burgess James Graham We currently have vacanoes on the Board that we to fill at the AGM. The appointmenl of Difectors is governed by the Arts"des of Association. Produced by Albert GrMyJman LLP Page 2
Weymouth Civic Society Trustees. Report For the For the Period from 01 October 2022 - 31 Marth 2024 Investment powers The Artide5 of As50ciatK)n provide the authority: To operate bank and other cash and deposil ac¢wnts and io set aside income as a reserve against fvture expenditure. To deposrt r* invest funds. WCS does not currenlty invest any of rts funds arKI all of our cash is hebJ in bank accounts with a high street bank. Chalrman's Summary This year marks the 80th Annivefsary of the founding ol Weyrrw)ulh Civic so¢ty and I believe that it is appropriate. in addition lo our nomial approach of summarising the events of the past year, to take a moment and rellect on the achievements of the Society since its founding during Ws)rld War The Society was fomed in May 1944. one month before the D-Day landiry, al a ts'me when the area was fvll of Allied Trwps waiting to be transported to Ihe beaches of northem Fran. Weymouth is rightly proud of ils role during World War 11, and we were delighted that Weymouth Town Council chose lo hdd ils D-Day ccrfnmemorative event al Nothe Fort in ju this yeai. One positive outcome of World War 11 was that Tudor Hovse had been ndernned in 1936 and planned for demolition but was saved by the outbreak of war. However, it suffered bomb damage and was derelict by the end of the war. The secretary of WeyTrouth Civi¢ Soaety, Emest Wamsley Lewis, renovated the property during the 1950s furnishing il in the Style of a middle-class family. He bequeathed Tudor House Museum to the Sooety on his death in 1977.and we have operated il as a volunlger-nJn museum since then. The Civic Society had worked diligently to improve the built environment south of the Ridgeway and, starting in 1978. decided that it should cdebrate positNe conlrityJtions via annual awards with a 'blue plaque. awarded to outstanding developments or renovations. By this time, Nolhe Fort had been transferred to the ownership of WeymcMJth and Portland B¢)rough Council after ils mililary use had ended bul it had berne derelict. In 1980 Weymouth Civic Society volunleers started the renovation arKJ opened Nothe Fort Museum of Coastal Defence to the public. even Ihough part of the Fort was being lurned into an emergency Civil D&fence Nuclear Bunker at the same time. The Nuclear Bunkef was subsequenlly de-corrKnissioned in 1990. Visblor numbers have grown sleadY over the years and Not Fort has become, in our opinion, the area's premier visrtor attraction. COVID-19 and the subsequent reslrictions brought a temporary stop to all activrties in 2020 but we wort(ed hard to re-open Nothe Fort relatively qvickly afteards. This contT1btstj lo the presli9K)us 'Best Small Vtsitor Attraction, award from Visit England in 2022. Unfortunatety, il took longer to rewn Tudor House and to re-stsrt oui programme of members. meetings bul we are currently opening Tudor House on day5 a week lexduding the winter months) and we held a successful series of talks al Pilgrim House earlier this year wrth more talks planned for the autumn period. Prod4Ked by Abert GCdrnan LLP P&p3
Weyrnouth Civic Society Trustees, Report For the Period from 01 October 2022 - 31 March 2024 In 2023 we deaded lo extend the scope of cmjr Annual Awards and. for the ffrst time. also gave civic awards for the best contributions to the natufal environm8nl, heritsge, arts and culture. and lifestyle. This was IntInUed this year armj we held a very successftjl Awards Evening al Nolhe Fort in June. The event was attended by the mayors of Weymouth. Portiand and Chi¢kerell. award winners and membern. We have continued the key work of scrutinising devdopment pLans and planning applirations. opposing inappropriate proSaIS whilst supporting proposals that make a positive contribution to people living in our area. As an examFle, we made important ntributionS by opposing the proposed waste incinerator on P(*Uand Using strong planning argvments al each stage. an(1 presenting these argumenls at Ihe Council's Planning Meeting and the subsequent Public Inquiry. We wi51 continue to monitor progress following the developer's appeal but there have been no announcements sin{ Ihe Public Irrfjuiry in lale 2023 we all hope that this is posilive. We also objected to the scale of the proposed sdar farm and battery instslialions at Chickerell. We have worked on our communications and publicity. wth a new WCS website already up and running. and the Tudor Hcxjse websrte under construclion. We have also significantly improved our presence on social media as well as inryeasing our coverage in the t>orset Echo and - invigorating our rnemt)er neWetter. Nothe Fort has continued going from strength to strength and has been awarded the accolade of 'Best Small Visitor Attracts"on in England 2024, by Visit England - the second win in three years. It has been so successful that this is the last b.me when il is eligible for this award. The Small Visitor Attradion category is for Fla$ attrading less than 75,000 visitors per year and we are currently on course lo have more than 100,OCK) wsitors in 2024. This compares wrth a typical attendance of between 50.000 and 60,000 pre-cowd. The benefit from this performance goes much wider than the Fort itself- the economic benefit of Nolhe Fcwl to the kKalrty was assessed as just over £3m' in Ihe period from 1 April 2023 10 31 August 2024. 11 would have been easy to lose focus on the schools. programme or child-friendly activitses as the numbers increased but this hasn't happened and Nothe Fort has also en srt11sted by 'kids in rnuseurns. for the Family Friendly Museurn Award 2024. Structural improvements to Scheduled nUMentS are expensive and arthough we have funded significant work like a replacement lift from internal resources, we have actively sought external fvnding for larger works, Nothe Fort has made successful applications to the Arts Council £320k was awarded in 2022 for improvements to the drainage and we have suceSsfUllY got throvgh the first round of an application for a further £1.5rn. Congratulations to everyone who has contributed to Nothe Fort's ongoifig success story. In summary, Weymouth Civic Society has ¢ontinued to build upon the work and successes of previou5 generations. although we also reccKJnise Ihe challenges that we slill face. Using the Association of lThJependerrt seumS 'Erx)nomi¢ Value of the Independ8nf Museum Sector Toolkit 2019. Pr(xYucgd by Ajbert GcKKlman LLP Page 4
Weymouth Civic Society Truslees. Report For the For the Period from 01 October 2022- 31 March 2024 In the 80 years of its exLstence. Weymouth Civic SOcty has grown lo an organisation that ¢hallenges inappropriate developments whilst celebraling local achievements. runs two museums lone of which has national recognttionl and provKles newsletters and meelings for ils members. As far as we are aware, the Bath Preservation Trust is the only other Civic Society with such a wide remit and conlribulion lo its locality. Sadly. many other Civic &xieb"es are folding due to aging membership. Key pTilIES for u5 in the next year wtll t¢ lo in(xease volunteer numbers at Tudor House so that we can open more often and develop it as a museum. arKI to re(wrt new and enthusiastic Trustees to allow us to Gontinue to grow as an organisalion. Achievements and perforniance Plannlng and Envlronment The PlanniTrJ and Environment comMee meet regvlarly to ¢on5ider and comment on planning applications. A report of our meetiThJs is circulated to the Board arvj other interested irKlividuals representing local organisalions arKI a summary of our recommendations is induded in Ihe memberfs Newsletter. The Commitiee would like to thank Graham Perry for standing in as interim chair during the period of Graham Oewey s forced absence. Membership Actlvltles Membership numbers have ¢hanged little in the last year and the new section lo join up to the society via the websile has started lo attract new member5. A series of rrErnber's meetings were held in Pilgrim House in Hope Square by Richard Burgess. starting with 8 talk on the marine life of Weymouth and Portland by Sandra Slalker. a I1 artist and photographer and college lecturer. Sandra illuslraled her talk with a serS of superb undervrdter photographs illuslratsng how rich and diverse the local marine fauna and flora tnJly are. The second talk was on the preliminary results of the archaeological on the site of the oh Council Offices. Richard Mcconnell of Context One Heritage and Archaedogy took a very crowded room through the layout of the okl High Street and some of the fascinating finds. Many in the audience had worked on the te carefully exFh)sing the various layers. lifting, deaning and ataloguing many of the finds and so had a very personal interest in the firidings. The third in the series. was a discuswon led by lain Campbell of the Friends of Greenhill Gardens "Greenhill Gardens.. History and Future?- lain twk the group through the colourful history and development of the site, rn1 activrties. especially the Tefurbishment of the Floral c1k before opening the discussion to tloor. The Newsletter is published four limes a year with a special edition to sh(wicase the winners of the society's awards, presented at the ever popular rernonY in its new settirKJ of the north Terrace on the Nothe Fort before moving into the Pfesentatpjn rcM)m and Fortview Café. The new awards in the fields of Heritage. Natural environment. Arts and Culture and Lifestyle ar)d become InC85nglY well established and valued by reopients as public recTr3nilion of Iheir efforts. Produ(d by Gc(*Jman LLP Page 5
Weymouth Civic Society Trustees, Report For the Period from 01 October 2022 - 31 March 2024 Nothe Fort Museum of Coastal Defence As the wortd pul the Covid pandemic behiThJ rt, Nothe Fort's fOls on delivering its mission slalement supported continual organisational progress. We undertake lo Conserye the Fort and the collection. increase public access. enga9e everyone with our story and maximise ojr use as a cultural vernje in (x4r loc communty. Conservatlon While our mainlenonce team delivered important running repairs and improvement5 during the peri of this report, we also began work on a key strategic programme. We had eartier recognized water ingress and dampness across most areas of the building as an i55ue that threatened the integrity of the historic collection sl¢xed and displayed within rt. as well as barrier to future development. We submitted an application lo the Arts Council England MEND fund. which is dedicated to museum capital works. We were successful and awarded £340.000. The prograrnme ds managed in house by stsff and our senior volunteers and I'd like to thank all who contributed. At the end of this reportiThJ period. the works were ongoing, bul are already showing highly encouragin9 redutliorE in water ingress. TW are due to c(Knplele in Septemter 2024. Access Once again, our mainlenano team ¢ontinurrtJ5ty delivered imttjrtant access improvements over the reporting rwiod. However. a key pr0ct for us was the fvll refurbishment of the lift. as we had experienced an increasing number of failures in recent years. The 15ft gbves disabled access to all three levels of the Fort. which means il makes nearty the entire Fort accessible lo all. The proje¢t cost was nearly £80.OCXJ. We had anticipated a significant prOpOOn of this spend being drawn trom reserves. bul a gcrfxj trading year - ol which more laler - meant thal we did not in the end have to use our serveS to pay for this vitsl access project. Engagement Ouf curatorial team of volunteers, supported by one of our general managers. Kate Hemitch, continued to improve our understanding of the collecbon and the way we present il to the different audiences who visit us al the fort. A key project during the rewrting period was the 'Story of Portland Harbourfs defences. an imaginative and inleraclive inlerpreLgtion of how Nothe Fort is an integral part of a wider syslem of Royal Navy dockyard defences built in the Victorian period. Displayed across three conneth.ng rrn$ in the loVr ve1. this new experien immediately made a significant additional contributson to VISrt engagement at the fort. Culture The forys application as a cultural venue continued in the reporting perd. We hosted theatre productions. music concerts. a fiugely F(spular 'silent disco.. a rapidly growiThJ dog show and awards ceremony. as well as historic renactmenls such as our hulY popular Victorian weekend. Financial sustainability As you will infer frofn infornlalion presented elsehere in this reFQrt, the Fort continues to grow its visitor numbers and therefo revenue. wth 2023 being another cOrd year. Costs are also being managed carefully. Consequent lo bolh these factors. the fort is financRlly suslanable, and we therefore feel very positively about all of our SusseS during Ihe reporting peri. Produ¢ed by Albert Goodman LLP Page 6
Weymouth Civic Society Trustees, Report For the Period from 01 October 2022 - 31 March 2024 Awards Our success was ocognised by Vrstt England with the award of Best Small Tourist Attraction in England. This is the second time in three years we have achieved this, tMJt it will be our last. Growing visitor numbers mean that we will be re-dassified by them in future as a 'large attraction,. To celebrate and that staff and volunteers a series of cruises to Portland were arranged on board "My Git1" In addttion the Fort won Weymouth Business Gold award for Customer Care a5 well as the Outstanding Business of the year Award. Futuro projects Earfy work on the MEND project revealed some issues that we could not have anlicipaled before putting a spade into the ground. We contsnue to work through the challenges they presenl but anticipate clpletIOn by mid-september 2024. Necessary changes to project scope will cause an overspend. tNJl one that is well within our capauty to sustain. We recenuy submitted a second, and much larger. apFAicatson to the MEND fund. If Successful. we wll be ae to address hjrther areas of water ingress at the Fort. A Cold War bunker was built at Nothe Fort in the early 1980$. It presents a fantastic opportunity lo engage our visitors in this peri¢)J of history bul is ¢urrently not presented in a way that aligns wtlh modern museum best practice. We submitted an 'Expression of Interest" to the Heritage Lottery Fund in respect lo deliverin9 a new interpretatic of this area and were successful, which means we are now In the process of writsng a full application. If awarded the money, we believe this project will significantly enhance the experience of our visitOTS. Staffing Lucy Walkins has joined the team as the new General Manager in charge of colleCtnS, replacing Kale Hebdilch who left to concentrate on the new Weymouth Museum. We thank Kale for all her conlnbuts'on and look forward to working vith her in her new role. Lucy has brought enormous expertise and a wonderful singing voice to the team and is already rnaking a 9Teat impact. Our Events Manager, Emma Murgalroyd, has oblained an amang new job anij will be leaving in October. She will be sorely missed and recnJitment for a replacement will begin shoruy. Tudor House useum Accreditstion The SOcty seeks forrnal accreditation from the Assoctation of Independent Museums (AIM) for Tudor House as a museum. To enable this. we are vffiling a three-year project pian detailing necessary actions and tirnescales. Several FK)11 red lo be re-written which will be adapted from the Nothe Fort to maintain consistency of approach through the Sociely. Grants are available through AIM ore TH is accredited as weu as enabling granls from Dorsei Council. Volunteers The current volunteers are working well. COTordinaled by a ffmber of Nothe Fort staff, on secondmenl part-time. We plan to extend opening from Iwo to three days a week and then to four. Once accredited. it will be possible lo operate museum apprenticeships and to obtain Heritage Craft Funds for things likè ¢ostumes. The Commrttee needs a Ireasurer and secretary. Need to sort key holders as rM)t all volunteers want to be respSible fLY opening and locking up. Produced by Abert Wman LLP Page 7
Weymouth Civic Society Tnjstees, Report For the Period from 01 October 2022 - 31 March 2024 The chair of the management committee will work with experienod board directors on a volunteer recruitment campaign Sin that is seen as key to the success of Tudor House. Website The newly commissioned websile needs populating wth more content, links and addresses and a donations button by which visitors may give money. This will probably operate using the current on-line shop we operaie from Noihe Fort. Fabric There is a problem with damp on the second fkK)r which will be addressed this winter while the tK)use is closed. The Sctiety has obtained an initial quolatK)n to carry out the woth but will only fofmally tender for it folk)wing the vislt of the Conservation Officer in September. t)uring that visit we will discuss an application for listed building consent to remove the downstsirs wall Ibuill during the 1970'sl to ineaSe the floorsp¥e avadable to the public and to repl the first floor bathroom th a smaller toilet and a kitthenette. Project manager The Society is exploring ways to support a suitable project manager for the application for accredited status and for grant appli.0rtS to improve the displays. Longer term, the SoGiety will explore the feasibilty of ernOYIng someone part time, wssibly as a shared resource with Nothe Fort or another Museum. lo CrdInate volunteers and manage systems an¢J prLxesses perttaps thft)ugh the museum apprenticeship scheme. Income Income to Nolhe Fort is direcuy prow)rtional lo opening lirrE. hence the imwrtance of increasing volunteer numbers. New fire and intruder alarms. costs of buildings insurance and electricity bills have incfeased costs sharply. so we need to explore additional incorne streams such as paranornal events like those at the Fort. and "Noht in the Museum" events. The new WiFi has enabled card donatK)ns. which are preferred by an increasing number of visitors and the Society is exploriThJ ways to make it easier to use. Th• Collection The TH collection is recorded on MODES. a proprietary museum database from which we download an extract into a spread sheet for the nVenien of volunteer use. We are developing a failsafe collections management system as part of our accreditation project. Tudor House records, thought to have been lost to damp whilst in storage. have thankfully been found in Nolhe Fori stores. These will te examined by the team before being passed to Dorset History Centre archives. Priorities for Tudor House-. Volunleer recruitment Vdunleer handbook and training Secure the services of Heritage Proiect consullanl for development project. Strengthen working relationship with Conservation Officer on proposed works. Oversee damp works Wrile a Museum accrediialion projecl plan Grant Applications for staffing and display imwovements AIM accredrt8tion EON Smart Meter installation to remove need for routine meter readings. Produced by Altr•t Goodman LLP Page 8
Weymouth Civi¢ Society Trustees, Report For the Period from 01 October 2022 - 31 March 2024 Nothe Fort Artillery Volunteers An imwrtanl feature of Nolhe F(*i is our regular artilFery displays which are provided by the Artillery Volunteers. In aldition to their program of exhibrtions and firing al Ihe Fort and oiher local events, they welcomed the increasing numbers of cruise liners arriving al PortlarKI Port. Staff and Volunteers Our Museums {Nolhe Fort and Tudor House) are only able to operate successfully because our staff tearn at Nolhe Fort and the contribution made by our learTts of dedicated volunteers al both Stles. Our thanks to them for all that they do. We are always keen lo welcome new volunteers lo all areas of our ac11vil5 from visrtor experience to graphics and maintenance. Financial rèview Ouring the year the Charity raised incorne of £922.887 (2023.. £505.029). and incurred expenditure of £848.74912023'. £448.071)- This therefore generated a surplus of £74.138 {2023= £56.9581, of which a deficrt of £21,527 was unrestri¢ted12023.' defiut of £2,723). The charity's bank and cash balances as al 31 March 2024 St( at £436.470 {2023'. £590,933). and total charitae funds at this date amounted to £903.142 {2023.' £829.004), of which £339,983 (2023.. £244.318) We restricted. Reserves policy At the year end the charity had total funds of £903.142 (2023: £829.004}, of which £389,158 {2023.' £410,503) was free reserves. This would allow Ihe charty to continue to trade for almost 6 months wilhoul further Inco linduding the operations of Nolhe Fort. which are treated as restn'cted funds) and is therefore considered a reasonable Ve1 of reserve5 to hold. The lease stiwlates that any surplus from the Nothe Fort account must be spent on the Nothe Fort. Additional money is held to deal with any unplanned maintenance which can occur with a building of this age. A separate sum of rneY is held to provKle for any major repairs found necessary for the Tudor H(yJse. Public benefft The Tfustees consider that the Charity's aifns, objective5 and activilie5 comply wilh the Charity Commissions guidance on public benefit. Weymouth Civic Society has continued to promote improvements in the built environment of Weyrmuth and Portland through tls planning activities and through it5 Margernent of its museums.. Tudor House and Nolhe Fryt. All decisions taken by the Tnjslees have taken due regard to Ihe Charity Commission's public benefit reqviremenls. Produced by Albert Gocdman LLP Pago 9
Weymouth Civic Society Trustees, Report For the Period from 01 October 2022 - 31 March 2024 Statement of Trustees, responsSb•llties The Trustees (who are also directS of Weymouth Civic Society for the purposes of company lawl are reswnsible lor preparirMJ the Tnjslees. Report {incorporatsng the directors. report) and the financial statements in accordance wtih applicatAe law and United Kingdom Accounting StarKlards. includin9 Finanual Reporting Stsndard 102". The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accwnting Pracb"cel. Company law requires the Trustees lo prepare ffinanci slatements for each ffinancl year which give a true and fair view of the slate of affairs of the charitable company and of Ihe income and expenditure, of the charitsble company for that period. In preparing these financi statements. the TnJstees are required to.. select suitable accounting polics and then apply them consistently.. observe the melhc4ls and prinaples of the Charities SORP.. make judgernents and eslimates that are reasonable arml prudent", slate whether appliCate UK Accounting Standarts have been followed. subject to any material departures disclosed and explained in the financial statements. and prepare the fin8ncial statements on the goin9 concem basis unless il is Irppropriate to presume that the charitable company will cL)ntinue in business. The Trustees are responsible for maintsining proper accounting records which disdose with reasonable accuracy al any b.me the financial position of the chantsble company and enable them to ensvre that the financial slaternenls comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charilable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small Company This Report has been prepared in accordance with the specia provisKJns reL3ting to small companies wrthin Part 15 of the Companies Act 2CK)6. Thi5 report was approved by the Board of Directors on ....... ..... .Zfyz t.. and signed on their behalf by.. Dr H K Holdaway Director Director Produced by Altrt Goc*Jman LLP Page 10
Weymouth Civic Society Independent Examiners Report to the Trustees For the Period from 01 October 2022 - 31 March 2024 I report lo the charity Iruslee5 on my examination of the accounts of Weymouth Civic Soci&ty {"Ihe Company") for the period from 01 October 2022 - 31 March 2024. R¢sponsibilities and basis of ropwt As the tharity's trustees of the Company land also r(s d1ClOr$ for the purposes of company lawl you are responsible for the preparation of the accounts in acdance wrth the UrementS of the Companie5 Act 2006 {"the 2006 Act"). Having satisfied myself that the accounts of the Company are nol required to be audited under Part 16 of the 2006 Act arKI are eligible for iTrJependent examination. I rewrt in respect of my examination of your charity'5 accounts as carrw out under section 145 of the Charrties Act 2011 {"Ihe 2011 Act"). In carying oul my examination I have followed the Directions given by the Charity Commission under se¢tion 14515) Ib) of the 2011 A¢t. Independent examinerfs statement Since the Company s gross income exceeded £250,000 your examiner must be a member of a body listed in 5e¢lion 145 of the 2011 Act. I conffimi that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, which is one of the lisle(I bodS. I have completed my examinab'on. l eonffimi that no matters have c>)me to my attention in connection wth the examinatson giving me cause to believe.. accounting re(x)rds were not kept in pect of the Company as required by section 386 of the 2006 Act., or 2. the accounts do not accord V•llth those records,. or 3. the accovnls do not comply with the accounting requiremenls of section 396 of the 2006 Act other than any requirement that the accounts give a Irue and fair view" which is not a matter considered as part of an tndependent exarnination; or 4. the accounts have not been prepared in accordance with methods arKI prin¢iple5 of the Slalemenl of Recommended Practice for accounling and reporting by charities applicable to charities preparirYJ their account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021. I have no concems and have come across no other kitterS in connectton with the examination to which attention should be drawn in this report in order lo enable a proper understanding of ihe accounts to be reached. Michelle Ferris BS¢ {Honsl FCA DChA Albert Goodman LLP Leanne House 6 Avon Close Weymouth Dorset DT4 9UX Date. .aql!a/aog4 Pmduced by Ajbert Goodfflan LLP Pag8 11
Weymouth Civic Society Slatement of Financial Artivities (induding Income & Expenditure account) For the Period from 01 October 2022 - 31 March 2024 Total 01 October 2022 - 31 March 2024 Total 01 October 2021- 30 Res- Septerrt)er tricted 2022 (as (as restated) restated) Unres- trlctsd Res- trlct•d Unres- trictod Notes Incotrn fro DonatnS vestrnent income Charitable aCtswI 4 Verchandise income 4.2 13,136 17.432 2,778 3,726 897.478 9)1.729 2.321 26.210 1.370 454.976 28.531 1.379 475.115 4.251 20.139 Totsl inco 9,495 913.392 922,887 22.473 482.5 505.029 Expenditure erchandise Costs chartsb acbmtes 5 340 24.856 340 447,731 31.022 817.727 848.749 422,875 Totsl exp8nditure 31,022 817,727 848,749 25.196 422.875 448.071 Nel nK)ven*nt in fundsl (21.52n 95.665 not inconwllexpgnditur•) 74.138 (2.723) 59.681 56,958 Transfers befvn funds IX,52n 9&665 74.138 {2.723 59.681 56,958 Reconclllation of funds Fun(J baknces at 01 October 22 584.686 244,318 829.CKJ4 $87.409 184,637 772.046 Fund balances at 31 March 24 563,159 339.983 3.142 584.686 244.318 829,004 The statement of financial aclivits.es has been prepared on the b2515 that all operations are continuing operations. There were no gains or losses arising in the peric¥J that are not shown above. The statement of finarKial a¢tivrties incorporates the income arml eXpendrtu account. Produc811 by Albert Goodman LLP Pag$ 12
Weymouth Civic Soclety (Company fegistration number. 08137463) Balance Sheet As at 31 March 2024 31 March 2024 Sgplemb•r 2022 (as restaledl Not•s Fixed assets Tangible fixed assets Investments 398,795 226.379 398.7 226,380 Current assots Stock Debtor5 Cash al tnk and in hand 10 11 12 37.035 82.376 436.470 2.758 23.461 ,933 555.881 617.152 Llabilities Creditors falling due within one year 13 (51,535) {14.5281 Net Current assets 504.346 602,624 Nel assets 3.142 829.004 The funds of the charity Restricted Iorne fvs Unrestncled funds 14 14 339.983 563.159 244,318 584.686 3.142 829.CK)4 These accounts have been prepared and delivered in a¢¢ordance wrth special provisions relating to small CoMpanS within Part 15 of the Companies Act 2006 arKI th8 Finala1 Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021. For the period ending 31 Marth 2024 the compar)y was entilled to exemption from an aud'rt under section 477 of the Companies Act 2006 relating to small companies. The members have 1 requirgJ the company to obtain an audit of its accounts for the pericmj in question in accordance with section 476 of the Companies Act 2006. The directors acknovAedge their responsibilities for comptying wth the requirem8nts of the Act with respect to accounting records and the preparation of accounts. Approved bythe 8oard on ...... .... ...... nd signed on their behalf by". Dr H K H¢iklaway Director Dir ctor Produced by Altwl Goodman LLP P8ge13
Weymouth Civic Society Statement of Cash Flows For the Period from 01 October 2022 - 31 March 2024 01 October 01 October 2021 2022 - 31 . 30 Septen>gr March 2024 2022 (as restated Notès Cash fl¢)ws from operating activlties Net movements in funds for the year ljustments to cash fl04VS from rthcash items.. Depreciation and amottisai Finance income 74,138 56.958 30.989 {3.7261 29.876 {1,3791 101,401 85,455 Wcthrrfj Ca1 adjustments.. Ihcre&selldecrease in strtk (hcrease)Idecrease in debtors Increasel{decrease) in credrtors 10 (34.2771 (58.915) 37,LXI7 11.833) 9,163 3.713 13 Net cash flow from cyeralK)rL5 Cash flows from investing activlties hterest received Purchase of fixed assets 45,216 96.498 3.726 {203.405) 1.379 (3.9751 Net cash flow from investing actmties 1199.6791 (2,5> Nel ldecreasey1rease in cash arKI cash 4UNabents 1154.463) 93,902 Cash aThJ cash equarentS at the WinniNJ of the reting 590.933 497,031 Cash a1 cash equwalwts at erJ of Ihe tthirKJ Fer 436.470 s,933 Cash & Cash equivalents reconciliation: Cash at bank 436.470 59).933 Total cash & cash equivalents at Ihe e1 ofthe rertij ricl 436.470 s.933 Pr(#Juc8d by Alt4rt Goc¥Jman LLP Page 14
Weymouth Civic Society Notes to the Financial Statements For the Period from 01 October 2022 - 31 March 2024 A¢¢ountlng pollcies 1.1 General infom)alion and basis of ac¢ounting Weymoulh Civic Society is a company limite(J by guarantee incorwrated in the United Kingdom under the Companies Act. Each member of the Charity undertakes to contribute a maximum of £1 to the charity's assets tl tt should be wound up while they are a member or within one year after they cease lo be a member. The address of the registered office is given on page 1. The nature of the charity's operations and ils prinupal activities are set out in the Trustees Report C pages 2-10. The financrdl statements have been prep*ed on the histoncal cost basis and in accordance with the accounting and reporting by Charities.. Slalement of Recommended Practice applicable lo charitS preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 20191- (Charites SORP {FRS 102)) and Ihe CCKnpanS Act 2W6. The charity rneets the definits.on of a public beneffl entity under FRS 102. Assets and liabilities are initially recognised at hist.orical cost or tranStIOn value unless otherwise slated in the relevant accounting policy. 1.2 Group accounts The charity is part of a small group. The charity has tsken advantage ol the exemption provided by Section 398 of Ihe Companies Act 2( and the Charities Act 2011 and has not prepared group accounts. 1.3 Income Income from gfanls and donalioos is reccgnised in the penod in which they afe recetvable when there is eden of entrtlement, receipt is probable and the amount can be reliabty rneasured. Where income has nol been reived for grft aid claims relatin9 to donatsons received in the pericxj, income is accnjed. Income from govemment support measures for Covid-19 are reccgnised under the accruals model resulting in income being rec(M3nised on a systematic basis over the period in which the related cosls are incurred for which the grant is cx)mpensating. Income from grants and govemment grants, where 'capNtal' or 'revenue', is recognised when the charity has entitlement lo the funds. any performance conditsons attached to the grants have been met. it is probable that the income will be received and the amount can be rneasu reliably arKI is not deferred. Where rKs conditsons are atta¢hed to grant income they are recTrJni5ed wrthin grants. donations and legac5 and where conditions relating to performance of services are attached. grant incnme is reCniSed income from charitable activities within the Ststement of Financial Acts"vities. Merchandise income is recLwJnised M delivery of the goods, with event income being recognised at the date of delivery of the event. Gffts in kind donated for the museum disEayS of the chanty are induded at a deemed value where this can be qUantIfd and a brought to account when received. Interest on funds held on deposit is inclu¢Jed when receivable and Ihe amount can be measured reliably by the thanty. Produced by Albert GIrnan LLP Page 15
Weymouth Civic Society Notes to the Financial Stalements For the Period from 01 October 2022 - 31 March 2024 The charity receives incorne from its subsidiary under gift ahj and it is recognised upon physical receipt. 1.4 Expenditure Expenditure is accounted for on the a¢xfuals basts. L18.1111eS are recognised in the accounting period lo which they relate. MertharM1ise costs cornwise the costs of acquirirvJ stock which is sold. Charitable activity expenditure cornprises costs incurred by Ihe charity in delivery of its a¢tivrties and services for its beneficiaries. It indudes both costs thal can be allocated diredy to such aclivities and costs of an indirect nature necessary to support them. Support costs include finance, administralion and gOVernar cosls and are allated to the charitable services equally. 1.5 Fixed assets and depreciation Fffehold propety and museum artefacts are conSered to have indefinildy long useful lives and estimated residual values not materially different from the carrying amounts of the assets. Consequently. such assets are not depreciated. See note 8 for a breakdown of items not depfecialed. as resioual assets are depreciated in line with the policy below. Depreciation of other tangible fixed assets is provided al the following annual rates in order lo write off each asset over its estimated useful life". Leasehdd improvements Office equipment Plant & machinery Fixtures & fittings 20% stravJhl lit 20% slraighl line 20% slrnight line 209A slraHJht line 1.6 Stock Slock consists of purchased gocNJs for resale. Stocks are valued at the lower of cost and net realisable value. after making amowances for obsolete and slow moving SICk. 1.7 Debtors Trade and other debtors are recognised at the settlement amount due and prepayments are valued at the amount prepaid. 1.8 Cash at bank arml in hand Cash at bank and in hand ccrfnpromise cash on hand and call detKJsits that are readily convertible lo a known amount of cash and a subject to an insignificant risk of change in value. 1.9 Creditors Creditors and prowsions are recLYJnised where the charity has a present obligation resultiNJ from a past event that y11 probably result in the transfer of funds lo a third party and the amount due to settle the obligation can be measured or estsmated relk4bly. Credrtors are recognised at their setuement amunt. Produc911 by Altr Goodman LLP Page 16
Weymouth Civic Society Notes to the Financial Statements For the Pericmj from 01 Odob8r 2022 - 31 March 2024 1.10 Defined contribulion pension A defined contribution pension is a pension plan under which fixed cTh)tribulions are paid into a pension fund arKI the charity has no legal or constructive obligalion to pay further contributions even if the fund does not hold sufficient assets to Pay al empws the benefits relating lo employee service in the current and prior pellods. Conlribvlions to defined contribution plans are recognised as staff pension expense through the profit and loss v4hen they are due. 1.11 Taxatlon As a registered charty. the company 15 not liable to corwration tax or capital gains tax to the extent thal ils income and gains are applicable Charitable purproes only. Value Added Tax Is not recoverable by the charity and is therefore induded within the relevant costs. in the Stalernent of Financial Activities. 1.12 Fund accounting Unrestricted funds are incoming re50urce5 for the objects of the chartty without further specified purpose and are available as general funds. Restricted funds a inCning resources to be used for specific purposes as laid down by the donor. ExperKiilure which rneets these cnleria is charged lo the fund togelher with a fair allocation of man4ement costs. The charity leases the Nots Fort from Dorset County Council. The lease provides for a yearly rent of one peppercam (rf demanded) and so to all inlenls and purpose5 the charity occup$ the premises rent free. In retum however the chaty covenants to carry out such day lo day repairs and programmed routine maintenance of the premise5 as can be financed from sub4etting parts of the premises, entry fees and other income derived from admission of the public lo the premises whilst also having regard to Ihe need to finance the administration. promotion. improvement and presentation of the premises and to finance the museum collection out of the income. The lease further stipvlates that the charity musl Set aside any remaining finances accnJing from the yearly income into a fund for the purFose of carrying out any works that may from tsme to time be required lo comply with statutory requirements and for other purposes of the chanty in relation to its obligation5 to repair and maintain the premises. The lease therefore places a restricl¢on over the income derived from the Nolhe Fort. Accordingly, that inc(xne is reported as restn'cted incoming resources in the ¢hanty's statement of financial acts"vilies. 1.13 Financial Instruments The challty only holds basic financial instruments as defined in FRS 102. The financial assets and liabilities of the charity and their measurements are as follows.. FinancBI assets trade ai¥J othEr debtors and accrued IncMe are basic financial instruments and are debt instruments measured at amortised cost. PpaYMentS are not financial instruments. Cash al bank and deposit acCjnIS- is clas5iffied as a basic financial inslrumenl and is measured at face value. Financial liabilities trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost. Taxation and swal security are not included in the financial instruments disclosure definition. Produced by Ajbèrt Goodm8n LLP Page 17
Weymouth Civic Society Notes to the Financial Slatements For the Period from 01 Oclober 2022 - 31 March 2024 1.14 Prior perlod error Durtng the year the charrty identified that the were a number of leasehc4d improvements that had i%en incorredly omthed from depreciation calcufations in prior years. This has therefore been corrected to restate the assets to their nel book value as if deweciation had aNvays been charged. The fesulling adjustment has decreased the value of the leasehold improveménts {and hence tangible fixed assets). and decreased restricted funds as at 1 October 2021 by £69.503 from £321.783 to £252,280 and from £254.140 to £184.637 respectively. There has also been additional depreaation included in the prior year of £7.551. reducing leasehold iMprovent5 {and therefore fixed a55ets) at 30 September 2022 by a total of £77,054 from £303.433 to £226.379 and reduung reslricled surplus for the prior year by £7,551 from £67.232 10 £59.681. This therefore has the impact of reducing restricted funds as at 30 September from £321,372 as prevIouY reported to £244,318. Donatlons Total 01 Total 01 October Octobor 2022- 31 2021 - 30 March Unres- Res- September 2024 trbcted tTiCted 2022 Unres- Res• Donations DorlonS from subsidiary 2,321 1,367 24,843 3.688 24.843 10.172 10.172 13.136 17.432 2.321 26.210 28.531 Investment Income TO 01 Total 01 OCtor October 2022- 31 2021- 30 March Unres- Res- September 2024 trlcted tricted 2022 Unres- Res- tri¢tod tricted Deposit interest Loan interest received 1.428 2.376 1.3) 29 1,350 2,778 3.726 1,370 1.379 Produced by Ajbert Goodman LLP Page 18
Weymouth Clvlc Society Notes lo the Financial Statements For Ihe Period from 01 October 2022 - 31 March 2024 Income from Charitsble actlvities Totsl 01 October 2022. 31 Pllarch 2024 Total 01 October 2021- 30 Res- Septen*>er trl¢ted 2022 Unres- Res- tricted tricted Unres. tricted Grants.. Dorsel Council Grant. Kickstarters Grant L(kdOWn Grani Weymoulh Town CourKil Covid 19 grant. Steps to suslainabilrty grant Weymouth & ptIan(l Heritage group P•ts Council England Jseums 35.CKX) 35,( 20.000 18,291 2.667 555 2.667 10.1J)O 18.291 2,667 2.667 1,21XI 10.COJ 1.4 3.Crf)O 183.638 183,638 221,288 221.288 2,412 .161 47.559 27.386 2,166 73,010 21.747 2,ffi7 54.513 S7.180 1.400 338,235 Subscriptior Enlry fees for museums Events and actNibes Rental income Sundry inccffle Tax reclaim Conlnbutions NFTC 2.412 .161 47.559 27,386 2.045 71.292 21.747 338.235 5,374 12,601 15.530 12,601 121 1,718 29.253 15.000 29.793 15,0 4.251 897.478 1.729 20,139 454,976 475,115 'Denotes Govemment Grant Produced by Albert Gctdman LLP Page 19
Weymouth Civic Society Notes to the Financial Statements For the Period from 01 October 2022 - 31 March 2024 Expenditure on charitable activlties Total 01 Total 01 October October 2022 . 31 2021- 30 March Unres- Re5- Septend)eT 2024 trlcted trlcted 2022 (as resLiled) Unres- Res- tri¢ted trlcted restated Operatlon of Nolhe Fort. Tudor House and Society activities: Wages arKI sakr Rates knsurare Lohl, heal. and telepkne Cleaning RepaiTS and MaInteCe Security costs Plaques a1 awards Displays armfj events Office and SUPFOrt Advertising Computer costs Travelling and Subsistere Bank and credit card chaffJes Stafflvolunteer welfare & tonwK Sundry expenses Licences Educats Subscriptions Depreciation Volunteers dinner and c#Jtings Professional fees Museum and cdtht1S 5.522 384.455 365 6.067 2.605 13,982 1.742 59.598 6.236 13.777 137,577 9.515 389.977 6.432 16,587 61.340 6,236 151.354 9.515 224,012 5,415 6.083 22,258 4.768 24,088 9.162 224.012 5.611 7.574 23,005 4.768 30,350 9.576 737 16,939 11,*2 12.313 196 1.491 747 5,858 414 737 251 1.021 51,418 52,439 29.988 29.988 19.431 19.431 16.688 11,828 12.223 3.020 1.347 11.957 19.364 1.158 4.367 11.957 19,364 2.380 652 5,989 14.531 139 1,482 6,042 14.531 161 1.222 22 1.156 459 7,953 180 29.696 159 1.156 8,412 22.325 159 13,261 23,046 10.985 1PA) 30,809 11.477 30,989 13.261 10.904 13.618 13.618 12.142 Governance costs: Accountsncy fees Independent exarni fees 3.2 2,OCK) 1.469 1,958 800 31.022 817.727 848,749 24,452 422.875 440.180 ProdLttd by Albert Goodman LLP Page 20
Weymouth Civic Society Notes to the Financial Statements For the Period from 01 October 2022 - 31 March 2024 Wages and salaries Total 01 Tolal 01 October October 2022 - 31 2021- 30 March Septernber 2024 2022 Wages saaries Sccial secunty costs Pension costs 368.460 14.005 7.512 210.302 13,710 389.977 224.012 The average weekly number of staff employed by during the penod wa$ 14 {2022 - No employee received emoluments of more Ihan £60,1) during the Fenod (2022- none) The key manwJement personnel of the charity comprises the general managers of Nothe Fort, whose employee benefits totalled £71,358 {2022- £42.329). R•laled party Iransactlons No Iruslees were paid any remuneration for their role12022- ne), and none received any reimbursed expenditure12022- none). Produced by Abert Gwdman LLP P8ge 21
Weymouth Civic Society Notes lo Ihe Finanaal Statements For the Period from 01 October 2022 - 31 March 2024 Nothe Fort Tradin Co Limited la wholly owned sUbsidry of the charity) The followng amounts were r1ved from Nolhe Fort Trading Company Limited during the year.. Total 01 October 2022 - 31 March 2024 Total 01 October 2021- 30 Septernber 2022 HR seNces provKle(J {slaff re-charge) Rent of shop and Donation of profit Interest on loan (see belu*) 18.OlXI 4.0 10,172 2,025 12.OOD 3,000 24,843 1.350 The charity prowded Nothe Fort TradirwJ Company Limited with a loan of £15.000 in the period to 30 September 2020. Inleresl is charged on this loan at 9%. payable annually. Al the balance sl date the amount due from Nolhe Fort Trading Company Limited was £15,000 12022 - £15,000). in addition. the Tnjst owes Nothe Fcrft Trading Company Limited £231 at the peroy end (2022.. £4,450). Prod(Ked by Mbert Goc¥Jm8n LLP Page 22
Weymouth Civic Society Notes to the Financial Statements For the Period from 01 October 2022 - 31 March 2024 Tangible Ilxed assets L'hold Freehold Inprove- Office Plant& Fixtures Museum property nnts equipnnt rrachinery & ffttings artefacts Total (as restated) reststgd) A8 at 01 Oct 22 136.[ 212.428 P4thJitions 198.638 Disposals RealloGations 3,681 62, 39,) 487.035 203.405 {) 787 {> (1,8001 As at 31 Var 24 136.(NJO 411, Depreclatlon As at 01 Oct 22 Charge for year Disposals Realthalions 4.591 66.($43 38,0 689,540 167,144 24.724 31,922 713 2,789 57.181 1,620 260,656 30.989 I0) 1gC()) 1,620 (1,620) A5at3lr24 191.e&8 .635 61,739 J,745 Net book value As at 31 Wr 24 136.IhXI 219,198 1.215 78 38,000 398,795 As at 30 Sepl 22 136.IX(I 45.284 1.141 892 38,180 226,379 Freehold property of £136.OLM) represents the deemed cost broughi fonward of Tudor House. Weymouth. based on a valuation undertaken in 1998. Museum artefacts of £38,000 represent the museum collection of Tudor House. and are not dePCIated, in line wilh the stated accounting policy. Investments The chanty holds 1 share of £1 in rts wholty (Avned trading subsidiary company Nothe Fort Trading Company Limited, which is incorporated in the Unrted Kingdom. The prinupal activity of the company is Pfoviding trading activities for Nothe Fort. The profit for the year ended 31 March 2024 for Nolhe Fort Trading Company Limited was £27.602 after tsx12023: £10,172). and as al 31 March 2024, reserves were £37,029 (2023.. £19.599). The charity has taken advantage of the exemptK)n provided by Section 398 of the Companies Act 20C6 and Charities Act 2011 and has not prepared group ac¢ounts. Pr(Kluced by Albert Goodman LLP Page 23
Weymouth Civic Society Notes to the Financial Statements For the Period from 01 October 2022- 31 March 2024 10. Str)¢k 30 31 March Soptembor 2024 2022 Stock hdd for resale 37.035 2.758 37.035 2.758 11. Debtors 31 March 2024 September 2022 Other debtors Prepayments iounts dLE from Subslary company 51.1 16.539 14.769 12.503 408 10,550 82.376 23.461 12. Cash at bank and In hand 31 March September 2022 Bank accwnts Bank dekxysit accounts Cash in haThJ 169.455 261.284 5.731 302.203 285.107 3,623 436.470 59),933 Pr(xJuc8d by Albert Gctsjm LLP Page 24
Weymouth Civic Society Notes to the Financial Statements For the Period from 01 October 2022 - 31 March 2024 13. Creditors falling due within one year 31 March 2024 Septertier 2022 Trade credrt(Ks cruals Social secunty & other taxes 38,070 8.817 4,648 7.230 3.499 3,799 51.535 14.528 14. Analysis of charitable funds- current peri¢)d Opening Incorring Outgoing Transfers Balance Resources Resources 01110122 Closing Balanc• 31103124 Restricted funds ND grant )the Fort general operati(S 198,638 714.751 (817,727) (198.638) 198.638 244.318 339.983 Totsl restricted funds 244.318 913.392 (817.727) 339,983 Unrestricted funds 9.495 (31,022) 3,159 Trfal funds 829.004 922.887 (848.7491 903,142 Produced by Albert GOC*Jrn LLP Pwje 25
Weymoulh Civic Society Notes to the Financial Statements For the Period from 01 Oclober 2022 - 31 March 2024 Analysis of charitabl• fund$- prior pèriod Opening Incorring Oulgolng Transfers Balance Resources Resources 01110r21 (as resLited) Closing Balanca 30109122 (as restated) (as reslatedl Restricted funds Casemate frames Toilet facilth'es HisloTiC ErylaThl lknnl Weymouth & Pordand Heritage group Nothe Forl general oreratK 160.(KJOI {1(K),(KJOI 100,01 18.291 (18.2911 13.C((i} 163.(KXJ 24.637 461,265 {404.5841 244.318 Total restricted fdS 184.637 482.W {422.875) 244.318 ithreslricted hjnds 587.409 22.473 {25.196) 584.686 Total funds 772,046 5,029 (448.071) 829,(JJ4 The prSe of material funds are as follovts: The restricted fund for Nothe Fort genera oiwations is in respect of Nolhe Fort. as prescribed by Ihe lease set down from Weymouth & Portland Borough Council (now Dorset County Council}. Mofe detail is provided in note 1.13 to the acwints. The MEND grant has come from Arts EnglarMI and Dorsel County Council for capital works at Nothe Fort. In line with the SORP. funds have been released to th8 Nothe Fort gener81 operations fund On purchased. Casemale frames and Toilet facilities were also fvnds received in relation to Nothe Fort and have been separately spif( from the operations fund by the trustees. 11 was identified during the pnor year Ihal the reslncted funds held for Casemate frames and Toilet facilities were spent in previous years arKI rK)t transferred at the tirne. A transfer has therefore been made to recognise this spend. Funding fr(n Historic England has been received to pay for a ¢onservation specialist lo perform a sludy inlo Ihe condition ol the buildings. The funding for the Weymouth aThJ Portland Heritage Group was received from South West Museum Development and was used to prt)Yuce advertising material covering local museums and attractions. Where amounts have been spent on capital tlems during the period, these have been transferred from restricted lo unrestricled funds as Ihe purchase di5chanJes the restrictn. Produced ty Alirt Gcojman LLP Page 26
Weymouth Civic Society Notes lo the Financial Statements For the Period from 01 Odober 2022 - 31 March 2024 15. Analysis of net assets between funds Tolal 01 Total 01 October October 2022. 31 2021- 30 March Unres. Res- September 2024 tricted tricted 2022 (as restated) Unres- Res- tricted tri¢ted restatedl Fixed assets Net current assets 108,273 29),$23 454,886 49.4fA) 398.7 174,183 52,197 Y)4.346 410,503 192.121 226,380 602.624 3,159 339.983 3,142 584,686 244.318 829.004 16. Company limited by guarantee The company is incorporated as a company limited by guarantee and has no Share capital. The guarantee lo the company is £1 per mernter on the winding up of the company. As al 31 March 2024 the company had 129 mernbers and the total amount guaranteed is therefo £129. 17. Government grants Incorne from government grants cornprise grants rn1e by lo(21 authorities to fund the principal activities and objectives of Ihe charity via core funding and funding for specific projects. See note 4 for more infornalion and the amount and source of these grants. There are no unfulfilled conditions or other contingencies lo these grants. Pro¢Juced ty tert Goodman LLP Page 27