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2023-01-31-accounts

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Annual Report 2022/23
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Coquet Shorebase Trust Ltd

Annual Report for year ending 31[st] Jan 2023

Management Committee (Trustees)

James Gibson (Chair) Liz Lowder (Vice Chair) Linda Pooley (Hon. Secretary) Vic Brown (Hon. Treasurer) Denise Lyall Richard Booth Aaron Hobb Trevor Hobb Sue Belshaw Ian Ridley Chris Robinson

Company Secretary

Linda Pooley

Registered Office: Coquet Shorebase, The Braid, Amble NE65 0WU Registered Company no: 06577073 Registered Charity no: 1150215

Coquet Shorebase Trust Limited. Annual Report 2022 – 2023

1

Auditor : Shona Walker CIPFA Windscarth, Hillside, Rothbury NE65 7PT Solicitor : Richard Twyford O’Neill Richmond Law Firm Ltd 25A Bridge Street Morpeth NE61 1PE

Coquet Shorebase Trust Ltd is a not-for-profit Charitable Company limited by Guarantee.

Chairman’s Report

Although the post-covid rush to do activities slackened off somewhat this year, the trust still managed to provide many people of all ages with hires, estuary tours and tuition, as well as sessions for schools and youth groups.

The new online booking and pre-payment system introduced by Tim has proved a great success. Despite the dip in demand, the trust still maintains a strong financial position to take us into the future. As reported by the manager, the canoe club is doing very well. The sea group organises twice weekly activities and the river group even on occasions operates sessions at two different locations on the same day. The open boat group have regular coaching sessions and organise camping weekends away. Andrew continues to do a good job of running the sailing club over and above his own duties, but the wind surfing club is in limbo due to the retirement of several older members.

We would welcome any ideas from anyone wishing to help with the running of the wind surfing club.

The replacement of our existing Cesspool with a water treatment system is booked in for March 2023, which will finally wind up all the outstanding conditions of our lease of the premises at the Braid.

We look forward to welcoming the Amble Skiff Rowing Club joining us for the coming season.

So, overall I am confident we can look to a very positive future, thanks to all the hard work from Tim and his team, the efforts of committee and sub-committee members and all those working in the background. They all make this an organisation to be proud of and have my grateful thanks.

James Gibson

Coquet Shorebase Trust Limited. Annual Report 2022 – 2023

2

Manager’s Report

Aims and Objectives:

The Coquet Shorebase Trust was set up to provide education and recreational facilities for leisure time occupations in the interests of social welfare. It has two Watersports centres, at Amble and at Druridge Bay Country Park, and it hosts 3 affiliated clubs. Day to day activities are co-ordinated by the Manager, and overall responsibility lies with the Trustees (Committee Members) who are mainly drawn from the club membership. These are elected annually at the AGM of the Trust.

Activities:

Our aims are to provide affordable watersports activities for the local community, to encourage people to get afloat safely, learn new skills and make friends in a supportive environment. Getting involved in these activities can change lives in so many ways. We welcome people of all ages and abilities and help them to participate at their own level of enjoyment.

The Trust began the 2022 season with a new manager, new website plus online booking system, some new products and was free for the first time in 2 years of any covid restrictions.

This for us meant a return of schools, youth and uniform groups in much larger numbers than in the previous year when restrictions were in place for large bookings until late in the season.

However, the downside was that people could now return to holidaying abroad which brought an end to the staycation boom.

So, the demand for local activities dropped. This is probably best indicated by the uptake in our tour offerings. In the 21 -22 season 652 people enjoyed one of our tours (an increase of 90% on the previous year): this year we dropped by about 40% to 354.

Hire numbers for this season were also to be down on those reported last year, though on a positive note the revenue from the hires did increase somewhat.

Similarly, there was a downturn in the numbers requiring RYA powerboat courses, 28 participants as opposed to 44 in the previous year. However, the number of other NGB courses such as RYA Dinghy and Windsurf schemes did increase. Plus, we also facilitated more British Canoeing courses than we had done previously, with some of the participants subsequently becoming affiliated club members.

The Paddleboard Yoga sessions continued in 2022 with a weekend festival held in June in which we play a major part through running children’s sessions, bespoke coaching, and the supply of equipment. We also provided support to several large triathlon events held at the lake through mark laying, use of our facilities and safety cover.

Amble and the surrounding area proved to be very popular as a filming location in 2022, and we assisted film crews with powerboats or kayaks on 5 productions early in the year; including Easter Walks, Spring watch, and Vera which provided a nice boost to our preseason’s income.

Thanks to funding from the Ventient Sisters and North Steads Windfarm Community Benefit Fund we were able to resume the free watersports activity sessions for the local primary schools and young people, (previously cancelled due to covid). Red Row, Broomhill, Grangeview and Ellington primary schools all enjoyed time out on the water in 2022 and the Saturday kids club ran every Saturday morning throughout the school term time from Easter through to Halloween and was usually fully subscribed.

The majority of the activities we provide are to actively encourage participants to develop a long-term passion for their chosen activity and an appreciation for the watery environment. We meet these needs through our affiliated clubs. Club members have the use of all the Trust equipment for a small session fee; sessions are run by volunteer coaches or leaders who provide further training. Annual membership fees are kept low to make the clubs accessible to everyone. Financial support is given to members who wish to gain coaching and leadership qualifications.

There were over 1000 club ‘visits’ during the year, and up to 100 paid up members over the 3 clubs.

Coquet Shorebase Trust Limited. Annual Report 2022 – 2023

3

The Canoe club is very popular, running sessions mainly at Amble, with a strong Sea kayaking group very well established. Several members have gained BC leadership/coaching qualifications during this period. Andrew Steel continues to voluntarily support the Sailing Club Junior section (operating at the Lake). The numbers of cadets have remained steady for this season, following last year’s increase. Funding is available for a recruitment initiative in 2023. Unfortunately adult participation has dwindled somewhat.

Despite the increase in uptake of courses over the period the windsurfing club is desperately in need of regeneration with very little attendance at the lake for this last season. We hope to find someone to take up the gauntlet and bring in some new blood for 2023.

Tynemouth Sailing Club have again run their winter sailing series at the Lake, using our facilities and storing up to 26 dinghies. Thankfully this year was not affected by covid restrictions or country park closures due to storm damage. All but 2 sessions (lake iced over) of 18 went ahead with an average of 14 participants.

This last winter the Shorebase took over the facilitation of evening pool sessions at Alnwick Pool to help canoe club members perfect their self-rescue skills in warmer water. These ran from November through until March and were well received and generally well attended.

Staff and volunteers:

This was the first full season for myself, Tim Stuart, as the Manager of the Coquet Shorebase, which was both enjoyable and demanding at the same time. The key things for me this year was to implement online payments and bookings and revamp the existing website.

This overall has worked well though there is always room to improve systems and presentation of the website. Our office manager, Hilary Brooker-Carey who works part-time, dealing with bookings, day-today finance, session records and the many other admin tasks that come her way, reports the online booking has made her life easier by cutting down on the vast amount of phone enquiries and invoicing she has had to deal with previously.

We have two watersports instructors, who are employed part-time in the winter, increasing to full-time in the summer. Andrew Steel put in a tremendous number of hours over the busy summer months for which his contribution is much appreciated. At the beginning of the season he gained his RYA powerboat instructor award, a useful qualification to add to his cv.

Sadly Liam Stephenson has been suffering with long term health issues and was unable to work for much of the year. We hope he will be able to return to work before too long.

Due to the amount of help we had received from Ken Young and Dave Chattaway during the 2021/22 season, the Trust managed to access funding to pay for them to achieve their BC Paddlesport leader qualifications which will enable them to lead sessions when required.

Despite this, on occasion at times it was a struggle to staff some of the larger group events, August would have been particularly difficult if not for the assistance of Dylan Sweet, Sue Belshaw and Holly Walker, who all put in some hours over that month.

Volunteer support from the canoe club and sailing club members was much appreciated; help was received with evening sessions, triathlons, and hires. There are special mentions to sailing cadet Joe Shipley–Smith who spent most of his school holidays at the lake assisting with hires, and our chairman Hamish Gibson, for his contribution every Saturday morning for the Kid’s Club.

Tim Stuart

Coquet Shorebase Trust Limited. Annual Report 2022 – 2023

4

Finance Report:

Our main concern this year was the move from having a voluntary Manager to paying for a full time post. We had set aside funds to supplement his salary, but in the event increased income has covered the additional costs, which is very pleasing.

We finish the year with £ 142,966 in cash assets, which includes £8560 in grants for activities to take place in 2023. This is a small increase on the previous year.

£60,000 of this is set aside as Designated Funds: £30,000 to support the Manager’s pay, £25,000 to cover expenses involved in the situation that the Trust is wound up and £10,000 for emergency expenses such as replacement of safety boats.

Financial support

Grants were received from Sport England Together fund (£3240) and the Ballinger Trust (£1,000) towards running activities for Amble Youth Project in 2023. We continue to get financial support for activities for young people living near the windfarms from the Ventient Sisters and North Steads Windfarm Community Benefit Fund (£2380 for activities in 2022 and £4320 for 2023).

We also received through the RYA the donation of a Devonshire Dabber sailing boat which will provide a more stable platform for the less athletic to learn on.

Vic Brown

Coquet Shorebase Trust Limited. Annual Report 2022 – 2023

5

Coquet Shorebase Trust Limited Charity no. 1150215 Company ~~no 6577073~~

Annual Accounts 01/02/2022 to 31/01/2023

Coquet Shorebase Trust Limited Coquet Shorebase Trust Limited
Balance Sheet as at 31 January 2023
Note 2022/23
£
ASSETS 2
Fixed Assets NBV 3 124,721
Total Tangible Assets 124,721
Current Assets
At bank and in hand 12 142,966
Debtors 10 0
Total Current Assets 142,966
Current Liabilities
Creditors: falling due within one year 11 10,660
Net Current Assets 132,306
Non-current Liabilities 0
TOTAL ASSETS LESS LIABILITIES 257,027
Capital and Reserves 4
Accumulated funds at 01/02/2022 266,644
Surplus/(-)Defcit for year (9,617)
Accumulated funds carried forward 31/01/23 £ 257,027
Comprising: General equity Unrestricted Funds 102,162
Restricted Funds 2948
Designated funds 4 151917
£ 257,027

The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting record preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime accordance with FRS102 SORP.

Signed by one or two trustees/directors on behalf of all the trustees/directors

James Gibson Signature of director authenticating accounts being sent to Companies House Victoria Brown

Audit 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:

  2. to keep accounting records in accordance with section 130 of the Charities Act and the Charities SORP/FRS102; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act and the Companies Act, have not been met; or

  4. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reac

Shona Walker CIPFA ###

Coquet Shorebase Trust Limited Charity no. 1150215 Company no 6577073

Annual Accounts 01/02/2022 to 31/01/2023

Coquet Shorebase Trust Limited Charity no. 1150215 ~~Company no 6577073~~

Annual Accounts 01/02/2022 to 31/01/2023

2021/22 £ 130,555 130,555

139,219 0 139,219 3,130 136,089 0 266,644 236,640 30,004 £ 266,644 109,195 5532 151917 £ 266,644

ds and the

and in Date of approval 11/7/2023 Date 11/7/2023

ched

Coquet Shorebase Trust Limited Charity no. 1150215 Company no 6577073

Annual Accounts 01/02/2022 to 31/01/2023

Coquet Shorebase Trust Limited Charity no. 1150215 Company ~~no 6577073~~

Annual Accounts 01/02/2022 to 31/01/2023

Coquet Shorebase Trust Limited

Statement of Financial Activities (including Profit & Loss Account) for year ended 31 Janua

Note
£
INCOME
5
Activity sessions
Boat Hire
Donations & Fundraising
Grants
8
Fees
Afliation
600
Membership
410
Club Fees
5,613
Bank Interest
Sales
Misc
Total Income
EXPENDITURE
6,9
Stafng & Staf related costs
7
Employees costs
62,045
Sessional staf
5,728
Staf-related costs
795
Premises & Facilities
9
Amble
5,344
Druridge Bay
1,135
Fees, Afliation and Insurance
Boats & Equipment
Vehicles
Depreciation & Amortisation
3
Administration costs
Advertising costs
Refunds
Gross Expenditure
Net Surplus/- Defcit transferred to Reserves
-£		 2022/23
£
43,504
38,333
10,262
2,380
6,623
214
1,543
885
103,743
68,569
6,479
9,054
5,067
3,689
12,118
5,295
876
2,214
113,360
9,617

Coquet Shorebase Trust Limited Charity no. 1150215 ~~Company no 6577073~~

Annual Accounts 01/02/2022 to 31/01/2023

ary 2023 2021/22 £ 53,897 31,852 250 23,169 5,176 80 1,994 1,162 117,580 52,927 2,610 7,589 4,066 2,178 11,845 5,130 791 440 87,576 £ 30,004

Coquet Shorebase Trust Limited Charity no. 1150215 CompanyNotes to the Accounts no 6577073

Annual Accounts 01/02/2022 to 31/01/2023

1 Basis of preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value

The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 102) and the Financial Reporting Standard (FRS 102). The charity constitutes a public benefit entity as defined by FRS 102

2 Accounting Policies

2.1 INCOME

2.1 INCOME
Recognition of income These are included in the Statement of Financial Activities (SoFA) when:
· the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources;
· the monetary value can be measured with sufficient reliability.
Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS
102 SORP or FRS 102.
Grants and donations Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12
FRS102 SORP).
In the case of performance related grants, income must only be recognised to the extent that the charity has provided
the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met
(5.16 FRS 102 SORP).
Where the sponsors/grant-making body attach conditions to the expenditure or outcome objectives, the income is
treated as a Restricted Fund and movements are shown in a note to the accounts
Government grants The charity has received government grants in the reporting period
This is only included in the SoFA once the charity has provided the related goods or services or met the performance
Contractual income and related conditions.
performance related grants
Donated services and Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided
facilities the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount
recognised as an expense under the appropriate heading in the SOFA.
Volunteer help The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
2.2 EXPENDITURE AND LIABILITIES
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the
Liability recognition charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
Grants with performance Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided,
conditions such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or
output.
Grants payable without Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the
performance conditions commitment, a liability for the full funding obligation must be recognised.
Creditors The charity has creditors which are measured at settlement amounts less any trade discounts
Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the
amount required to settle the obligation at the reporting date
23 ASSETS
Tangible fixed assets for use These are capitalised if they can be used for more than one year, and cost at least £250
by charity
They are valued at cost.
Where assets are purchased from grants treated as Restricted Income and are capitalised, any continuing restriction is
recognised in the Fixed assets note to the Accounts.
The depreciation rates and methods used are disclosed in note 3.
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after
Debtors any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other
consideration expected to be received.

Coquet Shorebase Trust Limited Charity no. 1150215 CompanyNote 3 Fixed Assetsno 6577073

Annual Accounts 01/02/2022 to 31/01/2023

Tangible fixed assets

3.1 Cost or valuation

Balance brought forward 01/02/22
Additions
Revaluations
Disposals
Transfers
Balance carried forward 31/01/23
3.2Accumulated depreciation and i
Basis*
 Rate
Balance brought forward 01/02/22
Depreciation charge for year
Impairment provisions
Revaluations
Disposals
Transfers
Balance carried forward 31/01/23
3.3Net book value
B/fwd 01/02/2022
C/fwd 31/01/2023
3.4 Allocated at 31/01/23between (see
Restricted Income Funds
Unrestricted Funds*		 £
Freehold land &
buildings		 Other land & buildings
£		 £
Plant, machinery
and motor vehicles		 £
Fixtures, fittings
and equipment		 Total
£
- 145,764 83,487 - 229,251
- - 6,284 6,284
- - - -
- - - 766 - - 766
- - - - -
- 145,764 89,005.40 - 234,769
mpairmentprovisions
- SL SL - -
3% 5%
- 40,000 58,696.10 - 98,697
- - - 766 - - 766
- 5,000 7,117.80 - 12,118
- - - - -
- - - - -
- - - - -
- 45,000 65,047.90 - 110,049
- 105,763.93 24,791.30 - 130,555.23
- 100,763.93 23,957.50 - 124,720.63
note 4.3b&c)
1,600 1,348 2,948
99,164 22,610 121,773
100,764 23,958 124,721

4 Capital and Reserves

4.1 Movements in funds

Movements in funds
From To B/fwd Movements2018/19 £
Members Equity P&L
Designated Funds: B		 uilding Reserve
Restricted Funds
Windingupcosts		 109195 -9617
5000
2584
-5000		 109195
-9616.54000000004
5000
2584
-5000
Balance at 31/01/2019 102162.46
Restricted Funds: Fixed Assets Released to General
Members Equity		 (Members) Equity
:Restricted Income		 5532 -2584 5532
-2584
0
Balance at 31/01/2019 2948
Designated Funds: Building Reserve Members Equity
Restricted Funds		 91917 -5000 91917
-5000
0
Balance at 31/01/2019 86917
Designated Funds: Repair & Replacem ent
Members Equity		 10000 10000
0
Balance at 31/01/2019 10000
Designated Funds: Winding up costs Members Equity 20000 5000 25000
0
Balance at 31/01/2019 25000
Designated Funds: Management Reorganisation
Members Equity		 30000
30000
Balance at 31/01/2021 30000
Total Capital & Reserves 266644
-9617
257027

4.2 Purposes of designated funds

The Trustees have approved the earmarking of designated funds from within the general unrestricted accumulated equity reserves, for the following purposes:

a

Building Reserve

To ensure that funding is available for the amortisation of leasehold property at Druridge Bay

b

Repair & Replacement

To ensure that funding is available for the replacement of operating safety equipment in the case of theft or unexpected damage.

c Designated Funds: Winding up costs

Funds assigned for the potential cost of winding up operations

d Designated Funds: Management Reorganisation

Funds assigned for creation of a new management structure

4.3 Restricted Funds

Balances on restricted funds represent funding whose use is restricted by conditions imposed by grant making bodies or sponsors.

a. No new grant funding was applied in 2022/23 (2021/22 £0) for capital purposes.

b. Restrictions have now been released (2022/23 £2584; 2021/22 2584)) on existing assets purchased using restricted funding.

Coquet Shorebase Trust Limited Charity no. 1150215 CompanyNote 5 Analysis of Incomeno 6577073

Annual Accounts 01/02/2022 to 31/01/2023

Analysis 2022/23 2022/23 2022/23 2022/23
Unrestricted Restricted £ £
Donations, legacies and Grants
(Note 8)		 Grants- publicly funded - - 23,169
Grants- private foundations/ charities 2,380 - 2,380 -
Membership Affiliation 600 - 600 600
CST membership 410 410 535
Other Donations 10,262 - 10,262 250
Total 13,652 - 13,652 24,555
Fees for charitable services Activity sessions 43,504 43,504 53,897
Fees from associated clubs 5,613 5,613 4,041
Boat &Equipment hire 38,333 38,333 31,852
Total 87,449 87,449 89,789
Sales &Misc Certificates & logbooks 30 30 42
Premises Hire 855 855 1,120
Misc Sales & Reimbursements 1,543 1,543 1,994
Covid refunds and discounts - -
Total 2,428 2,428 3,156
Interest and dividends Interest and dividends
Total		 214 214 80
214 214 80
TOTAL INCOME 103,743 - 103,743 117,580
Note 6 Analysis o f Expenditure
Analysis 2022/23 2022/23 2022/23 2021/22
Unrestricted
Restricted		 £ £
Wages, sala
NI, and staff		 ries, pensions and
-related costs		 Employee costs 62045 - 62,045 47,333
Sessional staff 5728 5,728 5,305
Staff Training 795 - 795 289
- -
Total 68,569 - 68,569 52,927
Fees, Affilia tion and Insurance Affiliation and membership 388 - 388 1,093
Harbour and marina fees 1,430 - 1,430 1,313
Pool Hire 1,700 1,700 100
Insurance 4,682 - 4,682 4,053
Instruction 854 854 1,130
Total 9,054 - 9,054 7,689
Equipment,
maintenanc		 Repairs and
e		 Repairs & maintenance: Boats & other equt 5,067 - 5,067 4,066
Vehicle running costs 3,689 - 3,689 2,178
- -
Total 8,756 - 8,756 6,244
Premises/ fa cilities costs Druridge Bay premises 1,135 - 1,135 334
Amble Braid 5,344 - 5,344 2,176
Total 6,479 - 6,479 2,510
Administrati on costs Advertising 876 - 876 791
telephone, broadband and computing 2,914 - 2,914 1,718
office 1,334 - 1,334 728
Travel 164 - 164 517
Certificates/logbooks 493 - 493 630
Volunteer support 390 - 390 175
Refunds 2,214 - 2,214 440
Not for profit purchases - - - 1,362
Total 8,384 8,384 6,361
Depreciatio n Equipment 7,118 - 7,118 6,845
Amortisation of leasehold premises 5,000 - 5,000 5,000
- - -
Total 12,118 - 12,118 11,845
TOTAL EXPENDITURE 113,360 - 113,360 87,576

Coquet Shorebase Trust Limited Charity no. 1150215 CompanyNote 7 Paid employeesno 6577073

Annual Accounts 01/02/2022 to 31/01/2023

7.1 Staff Costs

7.1 Staff Costs 7.1 Staff Costs
Gross wages, salaries and benefits in kind
Employer’s National Insurance costs
Pension costs
Total staff costs
7.2 Average number of full-time equivalent employees in the year
Theparts of the charity in which the employees work
These figures include costs of £5728 (2021/22 £5305) for sessional staff who work on a casual basis.
Manager's travel costs are included in the accounts as administration costs		 2022/23 2021/22
£ £
66,470 51,877
1,303 761
67,774 52,638
2022/23 2021/22
FTE FTE
Administration 1.5 1.0
Sessional Coaching 0.3 0.3
Watersports Instructors 0.5 1.0
Total
2.3		 2.3

Note 8 Grants

Grants from Public Bodies
Grants from Private concerns &
other bodies		 2022/23 2022/23 2022/23 2021/22
Unrestricted
Income £		 Restricted
Income £		 Total £ £
- -
NCC re Small Business Grant(Covid) 2,977
Central Government Job Retention Scheme 20,192
Windfarm Community Grants 2,380 2,380
-
Total Grants 2,380 - 2,380 23,169

Note 9 Donated goods, facilities and services

a. Premises are provided by the Local Authority for the running of activities and storage of equipment used within those activities. Rate relief at 100% is also provided on these facilities, and facilities at Druridge Bay

b.General, managerial and technical advice and support is provided by Trust members and supporters. This is unpaid and is not included as an expense.

Coquet Shorebase Trust Limited Charity no. 1150215 Company no. 6577073

Annual Accounts 01/02/2022 to 31/01/2023

Note 10 Debtors and prepayments

Analysis of debtors

Analysis of debtors
Trade debtors
Prepayments and accrued income
Other debtors
Tota		 2022/23 2021/22
£ £
- -
- -
- -
l- -

Note 11 Creditors and accruals

Analysis of creditors

Analysis of creditors
Trade creditors
Other creditors
Tota
Payments received on account for contracts
or performance-related grants		 Amounts falling due within one
year		 Amounts falling due after more than
one year
2022/23 2021/22 2022/23 2021/22
£ £ £ £
1,300 750 - -
8,560
 2,380 - -
800 - - -
l10,660 3,130 - -

Note12 Cash at bank and in hand

Short term cash investments (less than 3 months maturity date)
Short term deposits
Cash at bank and on hand
Other
Total		 1/31/2023
£		 1/31/2022
£
- -
- -
142,966 139,219
- -
142,966 139,219

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/directors/ members of

Coquet Shorebase Trust Limited

On accounts for the year ended

31 January 2023

Charity no.: 1150215 Company no.: 6577073

Set out on pages

Profit and Loss Account and Balance Sheet

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company 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 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. [I am qualified to undertake the examination by being a qualified member of the Chartered Institute of Public Finance and Accountancy].

Basis of independent examiner’s statement

My examination was carried out in accordance with 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 the 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 statement below.

Independent examiner's statement

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

1

IER

Signed:

Date:

31 October 2023 Shona E Walker

Name:

Relevant professional qualification(s) or body (if any):

Chartered Institute of Public Finance and Accountancy

Address:

Windscarth, Hillside Rothbury, Northumberland NE65 7PT Section B Disclosure

There are no items of concern

Give here brief details of any items that the examiner wishes to disclose .

2

IER