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← Coquet Shorebase Trust Ltd

2024-01-31-accounts

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Annual Report 2023/24
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Coquet Shorebase Trust Ltd

Annual Report for year ending 31[st] Jan 2024

Management Committee (Trustees)

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

Company Secretary

Linda Pooley

Registered Office: Coquet Shorebase, The Braid, Amble NE65 0WU

Registered Company no: 06577073 Registered Charity no: 1150215 Auditor : Shona Walker CIPFA Windscarth, Hillside, Rothbury NE65 7PT

Solicitor :

Richard Twyford

Coquet Shorebase Trust Limited. Annual Report 2023 – 2024

1

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

Well, we got off to what would be best described as a cold, damp and somewhat miserable start to our usually busy summer, but despite this and due to Tim and his team’s efforts, we came through rather well. Even if we did not make as much as in previous years, we did manage to achieve our aim of getting people on the water, making new connections and associations for future development and remaining financially viable with funding from various sources.

Both the Canoe and Sailing clubs maintained a good level of membership and activity throughout the year. Andrew is looking forward to being assessed for his RYA Dinghy Senior Instructor award in early 2024, which will open up new opportunities for the club.

We are also happy now to share our premises with the Amble and Newbiggin Skiff Rowing Clubs and look forward to closer ties. It’s really nice to see the new brightly painted skiffs , sitting in the corner of the compound.

As for the Trust committee, we are presently reviewing and developing changes to our policies and procedures organised by Aaron with the help of pro bono lawyers from London.

So overall we should feel quite positive for our future and I would like to thank each and every one of you for contributing to what I am proud to serve – the Coquet Shorebase Trust

James Gibson

Manager’s Report

Aims and Objectives:

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.

A key objective for this year was to source funding in order to deliver free/ low cost sessions to local community groups or charities.

Activities and clubs:

The Trust began the 2023 season with myself as manager now in my second year and familiar with the operational demands of the business. This included getting up to speed with the revamped website and online booking system which has now been up and running for 12 months. Most of the initial issues are now rectified, though there is always room to improve systems and the presentation of the website. Some new products were added to the programme to try and increase sales with varying degrees of success.

Overall activity sessions and tours combined were comparable to the previous year with a slight monetary increase in turnover. We had 2200 ‘visits’ over the year. Tour participants (215 people) once again were lower than the previous year though not by a massive percentage drop compared to the 40% drop the season before. Hires did drop considerably in comparison to the 2022/23 season by close to 20%, this I would surmise could be put down to a number of reasons, (as with the tour numbers), such as more people returning to holidaying abroad with the drop in prices for the first time since the pandemic, the increase in cost of living meaning locals been

Coquet Shorebase Trust Limited. Annual Report 2023 – 2024

2

more careful regards prioritising their spending and poor weather for a number of weeks over the main holiday period, leading to us not being able to hire or having to refund due to strong winds on some days. Also, the likes of Lidl etc flooding the market with cheap paddleboards made it affordable for people to purchase their own for use on the lake and river.

RYA courses Powerboat (27 people) /Sailing/Windsurfing all fared better than the previous season and numbers and revenue were up by a modest amount.

Pool Sessions were organised over the winter period primarily for CCC members to practice and perfect their self rescue skills, these have been well attended though barely profitable. The Canoe Club on the whole remains well supported, 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. Attendance records for Amble and lake sessions were 478 for the season.

The Paddleboard Yoga sessions were continued in 2023, though not as numerous, with a weekend festival held in June in which we play a major part by running children’s sessions, bespoke coaching, and the supply of equipment. We also provided support to a couple of large triathlon events held at the lake with mark laying, use of our facilities and safety cover. 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 too much adverse weather. All but 2 sessions (lake iced over) of 18 went ahead with an average of 14 participants

The majority of the activities we provide are to actively encourage participants to develop a long-term passion for their chosen activity making for a healthier lifestyle, and an appreciation for the outdoor 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 750 club ‘visits’ during the year, and 107 paid up members over the 3 clubs..

Despite the increase in uptake of dinghy and windsurfing courses over the period, numbers for the Sailing Club have not increased, however we have improved our relationship with Coquet Yacht Club and have run some joint sessions to encourage overall participation.

The Windsurfing Club is desperately in need of regeneration with very little attendance at the lake for this last season except for the NEWS annual race weekend. We still hope to find someone to take up the gauntlet and bring in some new blood for 2024 as there has been some interest from NE universities.

Grants and Funding

Thanks to funding once again 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 (Red Row, Broomhill and Grangeview) who all enjoyed time out on the water in 2023 and the Saturday kids club ran every Saturday morning throughout the school term time from Easter through to Halloween, initially well attended though numbers dwindled as the weather cooled towards the end of the year.

The RYA Together fund and the Ballinger Trust provided the opportunity to work in partnership with Amble Youth Project to provide free sailing lessons two days per week over the Easter and summer school breaks. A further project was also funded through a Sport England Small grants award to deliver weekly paddle sessions for 12 weeks over the summer, both at the lake and Amble, this time in partnership with the Alnwick based Mind and Sole charity who provide activities and support to adults and young people with self-confidence and anxiety issues.

In total just over £10,800 in grants was raised to provide activities free of charge during 2023 season.

Coquet Shorebase Trust Limited. Annual Report 2023 – 2024

3

Staff and volunteers.

This season it was initially a struggle in sourcing staff to cover the larger group sessions though as the year progressed we managed to recruit some local youngsters with lower level qualifications through the sea cadets, and a couple more as a continuation of work experience placements who, though lacking experience, proved willing and able to help out with the hires.

Andrew put in a considerable amount of hours over the busy summer period and was invaluable when it came to running the many sailing sessions. He also endeavours, on a voluntary basis, more or less single handed, to keep the sailing club ticking over.

Hilary continues doing a fine job in running the office and coordinating bookings especially helpful during busy times when I’m on the water facilitating sessions.

As the Manager, I found this past season once again in parts both enjoyable and demanding. It was disappointing to finish the year with a loss despite making every effort to keep our costs to a minimum. My goal for this year was to try and raise funding and establish partnerships which would enable more disadvantaged groups to benefit from activities and projects. Although attendance could have been higher and a more successful outcome of continued participation through club memberships from those attending attained, participants enjoyed and benefited from the activities provided.

Finally, I would like to recognise the efforts of volunteers who helped us out over the period, with special mention to committee members Hamish Gibson, who once again assisted regularly with the Saturday morning kids club, and Chris Robinson, who helped set up the Mind and Sole project, and assisted on the majority of the sessions.

Also a special mention to Chris Brooks who gave up his time to work alongside Andrew on the twice weekly Amble Youth project sailing sessions over the Summer school break. And let’s not forget the Canoe Club members who were able to help out running estuary tours for us over the busier times in July/August when we were otherwise engaged.

Tim Stuart

Finance Report:

Although the accounts, including the value of fixed assets, show an overall loss of £15,880 for the year, we have to take into account the depreciation of £13,087. Looking only at current assets (money in bank, debtors and creditors) we ended the year down by £3,238, approx 3% of total income. Given the poor weather conditions, we were lucky it wasn’t more.

We end the year with net current assets of £129,068, of which £60,000 is set aside as Designated Funds: £30,000 to support the Manager’s pay, £20,000 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. The remainder represents approx 70% of our annual income, which equates to a prudent additional reserve.

Financial support

Thanks are due for the grants we received to pay for activities in 2023: from Sport England Together fund (£3240), Sport England Small Grants Lottery fund (£2280) and the Ballinger Trust (£1,000) 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 (£4320). We are very grateful to all of them.

Vic Brown

Coquet Shorebase Trust Limited. Annual Report 2023 – 2024

4

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

Annual Accounts 01/02/2023to 31/01/2024

Coquet Shorebase Trust Limited Balance Sheet as at 31 January 2024

Note 2023/24 2022/23
£ £
ASSETS 2
Fixed Assets NBV 3 112,079 124,721
Total Tangible Assets 112,079 124,721
Current Assets
At bank and in hand 12 131,365 142,966
Debtors 10 83 0
Total Current Assets 131,448 142,966
Current Liabilities
Creditors: falling due within one year 11 2,380 10,660
Net Current Assets 129,068 132,306
Non-current Liabilities 0 0
TOTAL ASSETS LESS LIABILITIES 241,147 257,027
Capital and Reserves 4
Accumulated funds at 01/02/2023 257,027 266,644
Surplus/(-)Deficit for year (15,880) (9,617)
Accumulated funds carried forward 31/01/24 £ 241,147 £ 241,147 £ 257,027
Comprising: General equity Unrestricted Funds 93,736 102,162
Restricted Funds 494 2948
Designated funds 4 146917 151917
£ 241,147 £ 241,147 £ 257,027

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

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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 records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small
companies regime and in accordance with FRS102 SORP.
Date of
Signed by one or two trustees/directors on behalf of all the trustees/directors approval
6/17/2024
James Gibson
Date
Signature of director authenticating accounts being sent to Companies House
6/17/2024
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:
· to keep accounting records in accordance with section 130 of the Charities Act and the Charities SORP/FRS102; and
· 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
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
Shona Walker CIPFA
a ###
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Coquet Shorebase Trust Limited Charity no. 1150215 Company no. 6577073

Annual Accounts 01/02/2023to 31/01/2024

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

Annual Accounts 01/02/2023 to 31/01/2024

Coquet Shorebase Trust Limited

Statement of Financial Activities (including Profit & Loss Account) for year ended 31 January 2024

Note
£
INCOME
5
Actvity sessions
Boat Hire
Donatons & Fundraising
Grants
8
Fees
Afliaton
600
Membership
580
Club Fees
3,169
Bank Interest
Sales & Misc
Premises Hire
Total Income
EXPENDITURE
6,9
Stafng & Staf related costs
7
Employees costs
59,601
Sessional staf
1,946
Staf-related costs
82
Premises & Facilites
9
Amble
6,454
Druridge Bay
1,260
Fees, Afliaton and Insurance
Boats & Equipment
Vehicles
Depreciaton & Amortsaton
3
Administraton costs
Advertsing costs
Refunds
Direct Expenditure on Charitable Actvites
Gross Expenditure
Net Surplus/- Defcit transferred to Reserves
-£		 2023/24
£
44,266
31,050
151
10,840
4,349
460
1,325
842
93,284
61,629
7,714
14,236
2,985
2,062
13,087
4,001
664
2,040
747
109,164
15,880
-£		 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 Notes to the Accounts

Annual Accounts 01/02/2023 to 31/01/2024

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 Balance brought forward 01/02/23

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; Balance carried forward 31/01/24

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
Contractual income This is only included in the SoFA once the charity has provided the related goods or services
and performance or met the performance related conditions.
related grants
Donated services and
facilities		 Balance carried forward 31/01/24
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 C/fwd 31/01/2024
2.2 EXPENDITURE AND LIABILITIES
Liabilities are recognised where it is more likely than not that there is a legal or constructive
Liability recognition obligation committing the charity to pay out resources and the amount of the obligation can be
measured with reasonable certainty.
Grants with Where the charity gives a grant with conditions for its payment being a specific level of service
performance or output to be provided, such grants are only recognised in the SoFA once the recipient of the
conditions 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
performance realistically avoid the commitment, a liability for the full funding obligation must be recognised.
conditions
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 These are capitalised if they can be used for more than one year, and cost at least £250
for use 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
Debtors settlement amount after 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 Company no. 6577073 Note 3 Fixed Assets

Annual Accounts 01/02/2023 to 31/01/2024

Statement of Financial Activities (including Profit & Loss Account) for year ended 31 January 2024

Tangible fixed assets

3.1 Cost or valuation

3.1Cost or valuation
Total
£
£
£
£
£
- 145,764 89,005 - 234,769
Additions
- - 444
444
Revaluations
- - - - -
Disposals
- - - 419 - - 419
Transfers
- - - - -
- 145,764 89,030 - 234,794
3.2Accumulated depreciation and impairmentprovisions
Basis*
-
SL
SL
-
-
 Rate
3%
5%
- 45,000 65,048 - 110,048
- - 7,668 - 7,668
Impairment provisions
- 5,000
- 5,000
Revaluations
- - - - -
Disposals
- - - - -
Transfers
- - - - -
- 50,000 72,716 - 122,716
3.3Net book value
B/fwd 01/02/2023
- 100,764 23,958 - 124,721
C/fwd 31/01/2024
- 95,764 16,315 - 112,079
3.4 Allocated at 31/01/24between (see note 4.3b&c)
Restricted Income Funds
1,600 1,348
2,948
Unrestricted Funds
94,164 14,967
109,131
95,764 16,315
112,079
Freehold land
& buildings
Other land &
buildings
Plant,
machinery and
motor vehicles
Fixtures,
fittings and
equipment*
Balance brought forward
01/02/23
Balance carried forward
31/01/24
Balance brought forward
01/02/23
Depreciation charge for
year
Balance carried forward
31/01/24		 £
Freehold land
& buildings		 £
Other land &
buildings		 £
Plant,
machinery and
motor vehicles		 £

Fixtures,
fittings and
equipment		 Total
£
- 145,764 89,005 - 234,769
- - 444 444
- - - - -
- - - 419 - - 419
- - - - -
- 145,764 89,030 - 234,794
- SL SL - -
3% 5%
- 45,000 65,048 - 110,048
- - 7,668 - 7,668
- 5,000 - 5,000
- - - - -
- - - - -
- - - - -
- 50,000 72,716 - 122,716
- 100,764 23,958 - 124,721
- 95,764 16,315 - 112,079
n (see note 4.3b&c)
1,600 1,348 2,948
94,164 14,967 109,131
95,764 16,315 112,079

4Capital and Reserves

4.1 Movements in funds

1Movements in funds
From To B/fwd Movements2023/24 £
Members Equity P&L
Designated Fund		 s: Building Reserve
Restricted Funds
Windingupcosts		 102162 -15880
5000
2454		 102162
-15880.13
5000
2454
0
Balance at 31/01/2024 93736.33
Restricted Funds: Fixed Asset s
Released to Gen
Members Equity		 eral (Members) Equi
:Restricted Income		 2948
ty		 -2454 2948
-2454
0
Balance at 31/01/2024 494
Designated Funds: Building R eserve Members Equity
Restricted Funds		 91917 -5000 91917
-5000
0
Balance at 31/01/2024 86917
Designated Funds: Repair & R eplacement
Members Equity		 10000 10000
0
Balance at 31/01/2024 10000
Designated Funds: Winding u p costs
Members Equity		 20000 20000
0
Balance at 31/01/2024 20000
Designated Funds: Management Reorganisation
Members Equity		 30000
30000
Balance at 31/01/2024 30000
Total Capital & Reserves 257027
-15880
241147

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.

Coquet Shorebase Trust Limited Charity no. 1150215 Company no. 6577073 Note 5 Analysis of Income

Annual Accounts 01/02/2023 to 31/01/2024

Analysis 2023/24 2023/24 2023/24 2022/23
Unrestricted Restricted £ £
Donations, legacies and
Grants (Note 8)		 Grants- publicly funded 3,240 3,240 -
Grants- private foundations/ charities 7,600 - 7,600 2,380
Membership Affiliation 600 - 600 600
CST/CCC membership 580 580 410
Other Donations 151 - 151 10,262
Tota l 12,171 - 12,171 13,652
Fees for charitable
services		 Activity sessions 44,266 44,266 43,504
Fees from associated clubs 3,169 3,169 5,613
Boat &Equipment hire 31,050 31,050 38,333
Tota l 78,486 78,486 87,449
Sales &Misc Certificates & logbooks - - 30
Premises Hire 842 842 855
Equipment sales 600 600 1,543
Other 725 725 -
Tota l 2,167 2,167 2,428
Interest and dividends Interest and dividends
Tota		 460 460 214
l 460 460 214
TOTAL INCOME 93,284 - 93,284 103,743
Note 6 An alysis of Expenditure
2023/24 2022/23
Unrestricted Restricted £ £
Wages, salaries,
pensions and NI, and
staff-related costs		 Employee costs 59601 - 59,601 62,045
Sessional staff 1946 1,946 5,728
Staff Training 82 - 82 795
Tota l 61,629 - 61,629 68,569
Fees, Affiliation and
Insurance		 Affiliation and membership 1,122 - 1,122 388
Harbour and marina fees 1,530 - 1,530 1,430
Pool Hire 592 592 1,700
Insurance 4,869 - 4,869 4,682
Invoiced Instructors 6,123 6,123 854
Tota l 14,236 - 14,236 9,054
Equipment, Repairs and
maintenance		 Repairs & maintenance: Boats & other equt 2,985 - 2,985 5,067
Vehicle running costs 2,062 - 2,062 3,689
Tota l 5,046 - 5,046 8,756
Premises/ facilities costs Druridge Bay premises 1,260 - 1,260 1,135
Amble Braid 6,454 - 6,454 5,344
Tota l 7,714 - 7,714 6,479
Administration costs Advertising 664 - 664 876
telephone, broadband and computing 1,470 - 1,470 2,914
office 1,185 - 1,185 1,334
Travel 227 - 227 164
Certificates/logbooks 532 - 532 493
Volunteer support 367 - 367 390
Refunds 2,040 - 2,040 2,214
Not for profit purchases 220 - 220 -
Tota l 6,705 6,705 8,384
Depreciation Equipment 8,087 - 8,087 7,118
Amortisation of leasehold premises 5,000 - 5,000 5,000
Tota l 13,087 - 13,087 12,118
Charitable Activites
Direct		 Satellite Clubs 150
Sports England Together Fund 597 - 597 -
Tota l 747 - 747 -
- - -
TOTAL EXPENDITURE 109,164 - 109,164 113,360
Gross wages, salaries and
Employer’s National Insur
Pension costs
7.2 Average number of ful
These figures include costs
Manager's travel costs are		 benefits in kind
ance costs
Total staff costs
l-time equivalent employees in the year
of £1946 (2022/23 £5728) for sessional staff w
included in the accounts as administration cos
ho work on a
ts		 2023/24
2022/23
£
£
60,159 66,470
1,388 1,303
61,547 67,774
2023/24
2022/23
FTE
FTE
1.5
1.5
0.3
0.3
0.5
0.5

2.3
2.3
casual basis.
Theparts of the charity in wh ich the employees work 2023/24 2022/23
FTE FTE
Administration 1.5 1.5
Sessional Coaching 0.3 0.3
Watersports Instructors 0.5 0.5
Total
2.3		 2.3

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

Annual Accounts 01/02/2023 to 31/01/2024

Note 8 Grants

Note 8 Grants
Grants from Public Bodies
Grants from Private
concerns & other bodies		 2023/24 2022/23
Unrestricted
Income £		 Restricted
Income £		 Total £ £
Sport England Together Fund 3,240 - 3,240 -
Windfarm Community Grants 4,320 4,320 2,380
Ballinger Trust 1,000 1,000
Lottery Funding 2,280 2,280
Total All Grants 10,840 - 10,840 2,380

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 01/02/2023 to 31/01/2024

Note 10 Debtors and prepayments

Analysis of debtors

Analysis of debtors
Trade debtors
Prepayments and accrued income
Other debtors
Tota		 2023/24 2022/23
£ £
- -
- -
83 -
l83 -

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
oneyear		 Amounts falling due after more
than oneyear
1/31/2024
£		 1/31/2023
£		 1/31/2024
£		 1/31/2023
£
2,200 1,300 - -
- 8,560 - -
180 800 - -
l2,380 10,660 - -

Note12 Cash at bank and in hand

Cash at bank and on hand
Other
Total		 1/31/2024
£		 1/31/2023
£
131,365 142,966
- -
131,365 142,966

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 2024

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].

It is my responsibility to:

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:

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IER

Signed:

Date:

29 May 2024

Name:

Shona E Walker

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

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IER