**Independent examiner's report on the accounts** 


**Section A                        Independent Examiner’s Report** 

**Report to the trustees** Charity Name Coquet Shorebase Trust Limited **On accounts for the year** 31 January 2026 **ended Charity no.:** 1150215 Company no.: 6577073 

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/01/2026. 

**Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). 

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

**Independent examiner's statement** I have completed my examination.  I confirm that no material matters have come to my attention in connection with the accounts which gives me cause to believe that in, any material respect,: 

- the accounting records were not kept in accordance with section 130 of the Charities Act; or 

- the accounts did not accord with the accounting records; or 

- • the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. 

Please note the undermentioned matter to which I draw your attention. 

**Date:** 18 May 2026 

**Signed: Name:** Shona E Walker **Relevant professional** CIPFA **qualification(s) or body: Address:** Windscarth, Hillside Rothbury NE65 7PT 

1 

**IER** 



**Section B                           Disclosure** 

## **Matter for Attention** 

A pattern of increasing year on year deficits has arisen, which was observed and mentioned informally in the 2024/25  accounts examination, and which has continued in 2025/26. Some action has been taken to improve the position for the 2026/27 accounting year, but Trustees need to be aware of the severity of the situation and the impact on medium term liquidity. 

2 

**IER**