## **Chairman’s Report AGM 2021** 

## **Commissioners** 

Our 2021 year has been a real step up in progress with the start and  completion  of  one  of  the  largest  major  projects  we  have undertaken that has not been due to repairs or maintenance. Our New Harbour office looks as we have planned, a modern statement building using as much renewable energy as possible with solar panels  and  air  source  heat  pump,  I’m  not  aware  of  any  such building in our area that has been erected to such a standard with highly insulated materials to ensure maximum efficiency. 

Several  years  ago  I  reported  that  the  only  way  we  can  move forward to achieve the goals that we set to diversify and take on major  new  projects  was  to  bring  on  board  additional  expertise either in house or outside consultants, in the event we seem to have done a bit of both. 

Achieving  the  completion  of  of  this  fantastic  building  has  been extremely expensive over budget, late on completion, expected and understandable considering the situation that the pandemic has caused so many industries. 

I  think  we  should  be  extremely  proud  of  committing  to  and completing a project that will provide WHC with long term income and freeing up our old office to provide even more rental. 

As in previous years I know your time is valuable to you, your families, your other commitments, I am once again grateful for your interest and generosity given to WHC your help and support to myself and our team is tremendous. 

## **Finance** 

A huge year once again our financial controls are brilliant getting invoices  out  getting  them  paid,  grant  funding,  getting  the  best deals all contributing to our prosperity. 

As you have seen from the accounts our income is down a little but our core income is still going well our balance sheet is still strong and once again in consideration of the circumstances we are doing really well. 

I always harp on about diversity of income and will continue to do so as without fail it has been the success of this business. 

## **Projects Future and Present** 

We need to consolidate our financial situation in the immediate future however we all full understand how long it takes for even 



some of our smaller projects to come to fruition so we need to think of  and  start  to  develop  new  ideas  and  bring  current  ideas  to maturity. 

The Beach huts continue to be a decent source of income along with parking neither of which have seen a significant cost attached so for all we have had to put some of these on the back burner we need not to forget them. 

Maintenance of the harbour is always costly and most repairs seem to have significant amounts of expenditure despite this our staff do a brilliant job either in house or contractors and make use of grant funding when available keeping the harbour in really good shape. 

## **Challenges** 

## **I make no excuse for repeating what I reported last AGM the situation remains the same!** 

We  have concerns generally about all our infrastructures North Breakwater is a potential disaster if the end parts company with the rest of it, we need to enlist the support of Coastal Protection organisations to support us on this if it does break away it may close the harbour. 

Dredging  is  always  an  issue  but  at  long  last  we  are  making headway with the MMO in an effort to open the dumping ground this will be expensive but could give us a ten year licence, enabling us to utilise opportunistic dredgers when they are freely available. We will always have something going on that is not particularly comfortable to an easy life however that is the nature of the facility we  are  charged  with  looking  after  and  we  get  on  with  them whichever way we can. 

## **Staf** 

As always we are indebted to the team that actually get on with the business of running WHC the immensely different types of people, businesses, public and everyone else who believe they have the right to tell us what we’re doing wrong and never say thanks when we get it right. 

This  year  has  been  immense  for  our  team  the  dedication  from everyone and your involvement in the business this building your ideas, your controls, your input, your application in getting the job done has been amazing 

On behalf of the Commissioners thanks to all our front line team you know what you do it is truly appreciated. 

## **M Burnett January 2022** 



CHARITY NUMBER: I IS1344
WARKWORTH HARBOUR COMMISSIONF.RS
ACCOUNTS
2021

WARKWORTH HARBOUR COMMISSIONERS
Charltv No: I1ry1344
REPORT AND FINAIYCIAL STATEMENTS
for the yeAr ended 30 Novenib¢r 2021
NICKALLS ACCOUNTANTS LTD
Chdrtered Accountants
AMibl¢
Nortliumberland

WARKWORTH HARBOUR COMMISSIONERS
CONTENTS
Page
Legal and Adininistrative liTrlorrn4tion
Report of tb¢ Trustees
Independent Aceountant's R¢port
Statemenl of Fin#iielal Acllvltle5
Balanee Sheel
9-13
Notes to thc Accounts

WARKWORTH HARBOUR COMMISSIONERS
LEGAL AliD ADMIliISTRATIVE INFORMATION
INCORPOIL4TION..
The organisation was originally fonned undeT the Harbour
Act 1837. li became a charilj on ?? March 2013 wilh 1
Chariry Registered nuinber of 115 lJ44.
'I'RUSTE.ES..
M Burnetl
A M￿'Ch
D Gray
J Watsoii
P Morrison
J J()l)nslone
(Chairman)
(Treasurer)
B l)ouolas
REGlS'fERE.D OFF'ICF-.:
Qui1y5ide
Ainble
Morpeih
Northiimberland
NF.65 OAP
ACCOITN'I'ANTS..
Ni¢k'alls Acc()untants Ltd.
4, Bridgc Street
Ainble
Nortliiinibcrland
NE6) ODR

WARKWORTH HARBOUR COPWIMISSIONERS
REPORT OF THE TRUSTEES
FOR THE FINANCIAL YEAR ENDED 30 NOVEfvIBER 2021
Thc managernent Trustees their annual report and financial staremenls for the year en(led io November
2021.
StTilCtuYe Governance and Management
ov¢rni
Document
The iriistees have adopied provi%ions of the Statement ol. Rccoiiiiiiended Pracli¢e, Accounlu)g and
Rcponiiio b}, preparing Iheiy accounts in accordance with ihe Financial Rtporting Standard applicable
in ihe IIK aiid RepLiblic of Irelaiid (FRS 10?lfjiid with Ihe C.harilies Acr 2011
cruitmeni and A
ointm
of
ement L ominittee
The organisaiion'8 main ar¢a5 of iiitere81 are bil lanced and reflceted iii Ilie dIV￿r$Ity of ilie triJ5tees.
Where particular 8kills ar¢ required io complement existing tru51ee5 skills, individiials are appi'oach¢d
to offcr ihemselves for elcciion lo the boai'd of l-rustees. Currei)Ily thcrc 1% a full 13oard of Triisiees.
slccs In
Iiction and Trainin
Truslecs PÉifi<il<e in an infonnal iiTrduction covering roles ai)d 1'¢5ponsibilities of existing truste¢s and
thenisclves, Ihe structure of th¢ organisation and key partners.
Charity Coiiimission doeumenis issued lo the trusiees includ¢ Useful Giiidelines
Respunsibiliiies and the F.bs¢ftrial Trustee
what you need to know.
TrLisie¢s
Risk Mdiid
Thl Trusiees need io con(luct a review of the major risks lo whi¢h rhc charity is exposed and establish ft
risk. I'¢gist¢r to be updaied annually.
The Ir1151ees continiie to I'eview all polici¢s and procedures on an annual basis.
Warkwi)rtli Fl¢irbour Qoiiimissiuiiers op¢rates wilh a board of 9 Iruslces. who meei on a bi-monihly
basi5. At pres¢iii Ihere is ¢1 full coiiipleinent ot 1￿Cl￿b¢rS from a variery of baclcgroiind5 relevani io ihe
woi'k vf the ¢liarily.
Thert is y t'actlity lo co-opi further Iru.%tees if the r¢inainiii¥ frustees determin¢ that it would be in the
inicTests of the charily to do s().
R lated Parties
In so far as it is cnmplimentaiy to the Chariry's object5, Ilie charily is ¥uided by local, re¥ional and
national poli¢y, logether with any undertakiiigs a5soeialed with ihe Hurbours Aci
The object of the charity is the Constt￿¢II0n. improvemciit and maintenance of piers and hai'boiir of
Amble, Northiimberland.
12)

WARKWORTH HARBOUR COMMJSSIo￿ERS
REPORT OF THE TRUSTEES
FOR THE FINANCIAL YEAR F.INDED 30.NOVEMBER 2021
Financial Review
AgainsL the CUlTent backdrop ol- liinited resources and inb¢Luriti¢s over fundiiig, it has coniinucd 10 be
dil'liculi to plan or develop serviceb. Nevertheless. iyiih ihe aid of sound financial management, the
cl)ariiJ hds b¢¢n able to siippon its enterprises and oth¢r projects throiiTrhout ihe year,
Reserves Polic
The Maiiagejnenl Coiniiiitiee hag e.¥ainiiied the chai'iry's re(iuiremenls for reserves in liqhi of the main
risks lo Ilie urgaiiisation. An unresii'iLieil fund is required of al least 6 months expenditure. Tl)e res¢rves
Te Iie¢ded lo ii)eet ihe worliing Lapilal of the charity and Ilie Management Commiiiee are confident
ilial ai this level they WOLild be able lo ¢ontinue Èlie Lurrent aciivilies of the chariiy in Ihe event of
significani drop in fuiidiii¥. The sirai¥¥y js to continu¢ lo build Irserves thi'ouv
.h pldni)ed operaisonal
siirpliises, an(1 this ivill be kept under review by th¢ Management CL)iiiinirie¥ through ils regular
Ineetings. 113 the short ierm rhe Maiiagetneiit Coii)Inillee has also Loiisidired Ihe ¢xi¢nt to whi¢h
¢Xis1ii)g activilies Lould be curtailed. should the Qu'cuinslance arise,
Thc Inovemeiii for the yeai. ha4 heen allocat¢d io reseryes a5 follow5.'
Uiirestricied funds
Ilesiricted ￿ndS
144,502
144,502
.1 otal Teserves carried forwai'd ai 30 November !U? l are..
Uiirestricted fiinds
Desi¥naied luiids
Undesi&nated fiinds
466.955
1,261.854
1,798,809
Res¢ri¢ted funds
1,7?8,809

VARKW'ORTH Pl￿[R ULIR ,-O13llWIISilONER)
REPORT OF TI.IE TRUSTEE
FOR THE FIYANCIAL YEAR F,IlDED 3U YOVEITrlBE_R 2021
Rcs
OllilbilitlC.$ Qi the Triisttos
Cil.ariry' 12iv reqiiires ib.e Manageingnl ComTr.itte= lo prepare tinanrial srateip.¢n;s for each I￿￿8￿7￿1a1 yeai.
vyliTr¢li ol-￿¢ a trLie and fajr view oi Iht staip of affairs of the chaTltable cumpaii) ￿ ai Lb_e balance iheei
dit¢ and of Its incomints resoijrces arad applictsiion of resouT¢e5, irycliJ(ling income ano expendiEU,"e, foi"
phe firtancial year. In Pi'*pai'ing thcbn financial statements, the LIAaDdgeriient Coininille¢ should lollow
best prkqCti¢e ancl..
.Seleci siiitable accoiinling policies anLI Iheii apply Ihtn) consistently:
obsei'/¢ the methods and priJiLiples in tlie Ch<irity SORP.
Sraie whether appllodb1￿ accoiiDting standards and %iaitrm¢nts of recommended PTaciice have
been folloiv¢d subjeGr 10 any deparrnires discloscd and cxplaintd in the fman¢ial statements;
and
Prepar- the financial statemcnis the going cullc¢i￿ basis unless it 15 iRapprDpriale io assume
thac Ihe ¢harity will continue in biisine33.
The irusiLe4 are rLsponsible fi)r kLeping proper accoiinting recor(Is which disclose with reasonabl¢
a¢curacy ai <￿Y iinie the fmancial positioii of ihe chariiable ¢oInp￿1Y and to ittable them lo en5Lire thai
the financial staiements coinply with the Charities A¢1. The trustee8 are rilso responsible for
saf¢guar(ling ihe assets ol the chariiable curnpaiiy and hence for takllig reasonable steps lor the
prev¢iJiion ¢uid deLeLtion of fr<iud and oiher irrt¥iilariiies.
Approved by Ihe'frustees on ?4 January 2022 ancl slgned on its behalf by.
J WATSON
(4)

INDEpENDE￿'T EXAMINER'S REPORT TO THE TRUSTEES ON THE UYAUDITED
riNANCIAL STATEMENTS OF WARKWORTH HARBOUR COMMISSIONER.8
Respective responsibilities of trustees and exa2niner
The charity's tru5tee5 al'e fknsponsible for the pyepai'ation of the accounts. Th¢ ¢haTity's trustees consider
thal an audit is ntsi rtqiiii':d tor ti)is }'ear under 5eclioJ) 144 of ilie Chariiies A¢1 2011 ("Ihe Chariries
Act") and rl)ai an independent ¢xam:narion is needed.
It is my responsibility to..
examine the financial sialeinents ui)der 5¢Ction 145 of the Chariiieg Aci,.
10 follow the procedures laid dowii in Ihe gen¢ral Dir¢clions given by the Charity Commibsion (under
8ection 145(5llbl gf the Charities Aci., And
io state wh¢tlieT particular matters have ¢oin¢ to my atteniioii
Basls of Indep¢ndenl e%&niliicr's report
My examination was carri¥d out in accordance wilh the gener41 DiTections given by the Chariry
coinniis5ioiI, An exiimination include5 J review of the Éiccouniing i'ecords kepi by the chiji'ity and a
comparison ()f Ihe financial staiemcnt5 pr¢s¢iilcd wilh rho%e i-¢cords. It Jlso includes considLI'ativii ol.
any unusLial il¢ms OT disclosures in Ihe Iinfjncial sri¢ iemenl.s, and seeking ¢xplai)ali011s fi'om the trusl¢¢s
concerninb? an). %iich niaiters. rhe proL¢diiT¢S undeilak'en do not provid¢ Jll the LviclenLe that would be
reqiiired in 211 kiudil, and consequLntl>' no opinion is given ds 10 wli¢il)er Ihc finai)Lial siatein¢iits
present a 'irue and fail. vicw" and rhe repurt is liiniied io tliose n)iltters s¢t oiit in ihe slaiemei)I below
Independent exfimlntr's st#lement
In connection with my exai)iinution, no Inatter has come io Iny ii ttention..
which gives m¢ T¢asonable CÈiuse io believe rhai, in any iiiaierial iespcet. the requircmeni5'.
to k'eep g¢¢ounling records in llccordfin¢¢ with scclion 130 of the Cliarilics ALI; and
to prepare fTnancial siaten)eiits which accoi'd with Ihe <lCCQillilili¥ records. coinply with the
a¢ctsunting requii'ements of die Charitics Act have not be¢ii lli¢i,' oi.
ro which. iii my opinioii. allci)tion sl)ould be drawi in order to enable a proper undersiandin¥ of
rhc financial sialiinenls to bc reaclied.
Mrs P Graham51aw ACA
Nickalls AccoLintallts Ltd
ChaJ1er¥if Actouniants
4 Bridge Sireei
Amble
NE65 ODR
Date.. 24 Jaiiuary 2022
15)

WARKWORTH 14.4RBOLIR COMMISSIONERS
STATEMENT OF FINANCIAL ACTIVITIFS
Ilnclydlllg Income and Expenditure Account And Statetnent of Total Recognistd G£Lins and
Loss¢4}
FOR THE FINANCIAL YEAR WNDED 30 NOVF.MBER 2021
NOTES
Unre5tri¢ted
Funds
Rcstricted
Funds
Total
•o?I
Total
2020
INCOMING RESOURCES
Ip7coniing R*suiir6L's Fru
Gen#roied FRI￿[15
(iranl income
Voluntary incorn¢
•4,764
495
33.163
9(X)
495
ActEvilies Fot 6engr<ili17x FukJd3
TrAding operurions
1 ?9.048
129,048
Rental iiicome
142,489
14?.489
1 *7,731
Oihei. inconi¢
?6.428
67,185
'I'OTAL INCOMING RF.SOURCES
3?3.224
3?3,?24
340,6?0
IIF.SOURC'ES EXPF.NDED
C051 ofgencralin¥ ￿ndS
?02,459
Losi of charitable activilics
Gov¢mance c95t5
2.581
2,581
?,45
TOTAL Rb.SOURCES EXPENI)F,D
178,722
178.7?2
2(14,914
NET MOVEMF.NT FOR THE YF.AR
144,50?
144.502
135,706
(6)

WARKWORTH HAIIBOUR COMMissiof%ERS
BALANCE SHEF.T AS AT 3U iYOVEWIER 2021
NO'T'ES
Unrestricied Restricted
Fynds
'Iinds
Total
?021
Total
?o?o
FIXED ASSETS
1,356,636
1.3.$6,636 1,004,469
CURRENT ASSETS
Debiors
Investmeiits
Cash at bank
111.9?6
70,2J2
358,279
358,279
470.207
470,?07
68i,415
DEDU'CT,. Creditors diie within one year
Creditorb
Accrui.d charges
120.336)
(?0,3361
{17,0?7)
(20,336)
l?0,)361 {18,$49}
TOTAL ASSEI'S I.F.SS CURRE.NT LIAIIII.ITIES
1,806,507
1,806.507 1,669,3)5
DF.DUCT.. Lr¢ditoi's due aftei. morc Iliai)
one year
(77.6971
(77.6971
185,0281
NET A8SE'rs
1.7?8.8O9
1.728.809 1,584,307
(7}

W ARIC OIORTII H&¥RBOUR COIVlfvllJSION£Ri
I'OTES 10 THk ACCOUNTS
FOR THE YEAR ENDF.D JO iyo3fEMBER ?021
NOTES
Unresiricled Reslricted
Funds
Funils
Total
20?0
RESERVE8
Brought forward
Net movcmenl in thc year
1,584.i07
14J, 502
1,584,i07 1.448.601
1.14,50?
135,706
TOTAL RL8ERVES CAILPJED foRIVAPD 9
1728,809
1,728.809 1.58£1.307
Th¢s¢ a¢counis have oeLn prepared in accordance with Ihe St3ieincni of Recomn)¢Dded Fraclice,
Ac¢oiiiiting and Reponing by preparing Iheir aLCOllnlS irt accorclance with IhL Finll n¢ial R¢poriino
Staiidard appliiable in Ihe UK and Republic of Ii'¢land IFRS 1021 and wilh ihe Chai'ities A¢t 2011.
Signed on behalf of ihe management commitlee oll 14 January 2022
J WA'I'SON
{8)

WARKWORTH HARBOUR CO￿]mISsIoNERs
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDEI) JO NOVEMBEK 2021
ACCOUNTING POLICIES
The principal accounting policies arc siimmarised below. -rhe accounting policies have been
applicd consistently throu￿Out the year ai)d in the preceding yeaT.
Basis of Accouniing
Th¢ financial 5taiements have been pi'epawd under the historical cosi convention. The
riiidncial SlGtiemeni.% huve been prepared in accordance wirl) the Staieiiieni ol. Rec0inni￿nd¢d
PrdCllCC, AccoLilliing and Reponing by prcparing rheir aecoiinis in accordance with the
Financial Riportins Sihndard applicable in lh¢ Uk and Repiiblic of Ireland IP RS 1021 ai)d
with the Charities A¢1 2011.
Incoming resources
All incoining resoiirLes ar¢ included in the Siaienienl of F'inanciAI A¢tiviries whcn th¢ Charity
is ¢iiliileLI 10 thc ii)Loine and tlie amuunt can be quantified with reasonable aeciira¢y, The
following specilic p(Trli¢ies are dpplied to parli¢iilar categories of income
Trading acliviries incvnie is recL)¥nised when the goods are sold and oi. the service is provid¢d,
Grpnl iiiLome is credited in the yeai. to which it rclaies wilh the exception of grants ivhi¢h
Ivei'e OTigin<illy oiven 10 ercct Ilie L"ciiire ilsclf. 'l-hese ¥rrÉints are <iniortised ai Ihc S<ime r￿lIe as
th¢ Cenlre and Nvill i?Iways refl¢¢t thl reinaii)ing uiiainonized balan¢e aiti'ibuied io the Ceiiire.
Voliinr¢1rv inc(?me is r¥c¢iv¢d by way of donatioiis and gifts and is included in fiill in the
Staieiiieiit of Financial ALtiviti¥s when reLeivable
Invesirn¢nt incoine is incliidcd when re¢ei¥able
Resc)iir¢es expended
Expendittire is rc¢ognised when a liibility is ii)ciirrcd. Flliidiiig provided Il)rou"
.11 ¥oi)Iraciual
agreeincnts aiid perfonnance related grants are recogiiized as gi)ods or sei"vic¢.% are supplivd.
Other oraiit pa>menis are I'ecogniz¢d when a constructive obligation arises that resiilt u) the
Pdymeiit being unavoidablc.
Costs vf ¥et)trating tunds are th05¢ ¢OSts incurrcd in attractirig voluntary incvme. and those
incurred it) trading aciivities that raise funds.
Govemance ets5ts include Ihosc incuTTcd in the governance of ils assets and are primarily
associated wilh constiturional and 8tarutory reqiiirements.
Support costs in¢lude central functions and have been allocated to acrivity cost categories on a
basis consistent wilh ihe use of resources. e.g. allocating office property costs by floor area5,
Indllabyemejit and human resour¢es ¢0sts by (he number of staff, and finance and Il. costs by
work done.
19)

WARKWORTH HARBOUR COMMISSIONERS
IYOTES TO THF, ACCOU,YI'S
FOR THE YF.AR ENDED 30 IYOVF.MBER 2021
INCOMING RESOURCES
Unresiricted
Funds
Resiricteil
unds
Total
Gi'ant incuTne
Chariilible foundations
Oth¢r organisalions
24,164
24,764
33.163
24,764
24,764
33.163
Voliiniary income
Donativns
495
495
900
495
495
900
TrR(ling op¢i'Jtions
Hai'bour dLie5
Fi.%h l.anding dile5
Park'ing tee
30,577
61,075
37,?18
31),755
61.075
i7.218
30,092
?9,288
129.048
1?9.048
111.641
RcnTal income
R¢nts
14?,489
14?.489
1?7.731
14?,489
142,489
Mis¢ellaneous income
General income
Gift Aid
BdTrk interest receivable
1,341
?4,Oi3
1.034
24,053
1,034
36,860
1,036
26,4?8
26.4?8
67,185
(10)

WARKWORTH FI.4RHOUR COMMISSIONERS
NOTF.S TO THE ACCOUYI TS
FOR THE YEAR ENDED 30 NOVE.MBER 2021
RESOURCES EXPENDED
Unresirict¢d
Resti'icied
unds
Total
Toial
Cosi of generating funds
Direct cos15
Siaffing costs
Light an(1 heat
Raies and water raies
Insurances
Posiai)L and stationery
Rep<1irs and renewals
Legal &. pi'ofc%bional fces
Sundry exp¢nses
Depreciation
2,993
81,041
23,716
1.-%09
16,617
832
28,771
2,145
7,536
10.981
11,i09
81,041
?3,716
1,.809
16.617
832
28,771
?1,799
1.726
?.009
78.146
7,5i6
10.981
12,003
176,141
176.141
?02.459
Cost of charitabl¢ d¢tiviii¢s
Direci costs
Gov¢rnance cosls
Bank char&Tes
Prof¢5sional fees- AccoLiniat)cy
781
1.800
781
1,800
750
1.705
2,581
2,581
?.455

WARKWORTH HARBOUR COMMISSIONER.$
NOTF.S TO THE ACCOUNTS
FOR THE YEAR ENDED 30 NOVF.MBER ?O?I
STAFF COSTS AND NUMBERS
Durino the financial year ihe ¢oinpaiiy's salary costs included.
20?1
20?0
Salary and pensioTr iosts
Trusiees reiiiuneyalion
79.961
1,080
91.141
950
81,041
9?,091
No employee r¢c¢ived ¢moluments of more than £60.[￿)0 l?O?O.. Nil)
Flxkl) ASSI.TS
Laiid and
Buildings
Planl and Equipment and
Machin¢rv
Fixiure
Toial
Cosi
As ar I l)ecembei' 20?0
Additions in The year
948,010
363,148
72.059
79.662
1,099.791
363.148
As at 30 Nove1mb￿ ?021
79,66?
1,462,939
l)epre¢ialion
As at I fJeccinbei' 2020
Choi'ge toi. Ihc yeai.
On disposal
37,677
5,1$8
57,645
5,8?3
95,322
10,981
As a(30 November 20•1
106,303
Net book value
A5 at 30 Noveinber 2021
?9,2•4
16,194
1,356,636
Net bo()k value
As ai 31 November 2020
948,070
34,382
1,004,469

WARKWORTH HARBOUR COMMISSIONERS
NOTES TO THE ACCObNTS
FOR THE YEAR EYDED 30 NOVEMBER 202]
20*0
DFB'I'ORS
Trade debtors
Gift aid
V A'l- recoverable
?4,67?
5¥,747
?8,505
34,694
1?.614
111,9?6
CREDITORS..
Amounis fAllii)¥ diie within
one year
Creditor5, taxation and social security
Accrued charge.
1,5?2
17,097
?0.336
20.336
18,549
CREDI'I'ORS..
Amounts falling more ihai)
one ycar
Mortgage
77,697
85.0?8
STATEMEN'I. OF FUNDS
AtIDec
Inconie Exp¢ndiwr¢
Tran5f¢r At 30 Nov.
2091
UNIiP.STRtCTED fiJNDS
General reserve
Designaied reserve
1,117,352
466,955
3?3.2?4
178,7??
1.261,854
466,955
TOTAL UNRESTRICF.D FUNDS 1,584.307
323,224
178,72?
1,728,809

CHARITY NUMBER: I IS1344
WARKWORTH HARBOUR COMMISSIONF.RS
ACCOUNTS
2021

WARKWORTH HARBOUR COMMISSIONERS
Charltv No: I1ry1344
REPORT AND FINAIYCIAL STATEMENTS
for the yeAr ended 30 Novenib¢r 2021
NICKALLS ACCOUNTANTS LTD
Chdrtered Accountants
AMibl¢
Nortliumberland

WARKWORTH HARBOUR COMMISSIONERS
CONTENTS
Page
Legal and Adininistrative liTrlorrn4tion
Report of tb¢ Trustees
Independent Aceountant's R¢port
Statemenl of Fin#iielal Acllvltle5
Balanee Sheel
9-13
Notes to thc Accounts

WARKWORTH HARBOUR COMMISSIONERS
LEGAL AliD ADMIliISTRATIVE INFORMATION
INCORPOIL4TION..
The organisation was originally fonned undeT the Harbour
Act 1837. li became a charilj on ?? March 2013 wilh 1
Chariry Registered nuinber of 115 lJ44.
'I'RUSTE.ES..
M Burnetl
A M￿'Ch
D Gray
J Watsoii
P Morrison
J J()l)nslone
(Chairman)
(Treasurer)
B l)ouolas
REGlS'fERE.D OFF'ICF-.:
Qui1y5ide
Ainble
Morpeih
Northiimberland
NF.65 OAP
ACCOITN'I'ANTS..
Ni¢k'alls Acc()untants Ltd.
4, Bridgc Street
Ainble
Nortliiinibcrland
NE6) ODR

WARKWORTH HARBOUR COPWIMISSIONERS
REPORT OF THE TRUSTEES
FOR THE FINANCIAL YEAR ENDED 30 NOVEfvIBER 2021
Thc managernent Trustees their annual report and financial staremenls for the year en(led io November
2021.
StTilCtuYe Governance and Management
ov¢rni
Document
The iriistees have adopied provi%ions of the Statement ol. Rccoiiiiiiended Pracli¢e, Accounlu)g and
Rcponiiio b}, preparing Iheiy accounts in accordance with ihe Financial Rtporting Standard applicable
in ihe IIK aiid RepLiblic of Irelaiid (FRS 10?lfjiid with Ihe C.harilies Acr 2011
cruitmeni and A
ointm
of
ement L ominittee
The organisaiion'8 main ar¢a5 of iiitere81 are bil lanced and reflceted iii Ilie dIV￿r$Ity of ilie triJ5tees.
Where particular 8kills ar¢ required io complement existing tru51ee5 skills, individiials are appi'oach¢d
to offcr ihemselves for elcciion lo the boai'd of l-rustees. Currei)Ily thcrc 1% a full 13oard of Triisiees.
slccs In
Iiction and Trainin
Truslecs PÉifi<il<e in an infonnal iiTrduction covering roles ai)d 1'¢5ponsibilities of existing truste¢s and
thenisclves, Ihe structure of th¢ organisation and key partners.
Charity Coiiimission doeumenis issued lo the trusiees includ¢ Useful Giiidelines
Respunsibiliiies and the F.bs¢ftrial Trustee
what you need to know.
TrLisie¢s
Risk Mdiid
Thl Trusiees need io con(luct a review of the major risks lo whi¢h rhc charity is exposed and establish ft
risk. I'¢gist¢r to be updaied annually.
The Ir1151ees continiie to I'eview all polici¢s and procedures on an annual basis.
Warkwi)rtli Fl¢irbour Qoiiimissiuiiers op¢rates wilh a board of 9 Iruslces. who meei on a bi-monihly
basi5. At pres¢iii Ihere is ¢1 full coiiipleinent ot 1￿Cl￿b¢rS from a variery of baclcgroiind5 relevani io ihe
woi'k vf the ¢liarily.
Thert is y t'actlity lo co-opi further Iru.%tees if the r¢inainiii¥ frustees determin¢ that it would be in the
inicTests of the charily to do s().
R lated Parties
In so far as it is cnmplimentaiy to the Chariry's object5, Ilie charily is ¥uided by local, re¥ional and
national poli¢y, logether with any undertakiiigs a5soeialed with ihe Hurbours Aci
The object of the charity is the Constt￿¢II0n. improvemciit and maintenance of piers and hai'boiir of
Amble, Northiimberland.
12)

WARKWORTH HARBOUR COMMJSSIo￿ERS
REPORT OF THE TRUSTEES
FOR THE FINANCIAL YEAR F.INDED 30.NOVEMBER 2021
Financial Review
AgainsL the CUlTent backdrop ol- liinited resources and inb¢Luriti¢s over fundiiig, it has coniinucd 10 be
dil'liculi to plan or develop serviceb. Nevertheless. iyiih ihe aid of sound financial management, the
cl)ariiJ hds b¢¢n able to siippon its enterprises and oth¢r projects throiiTrhout ihe year,
Reserves Polic
The Maiiagejnenl Coiniiiitiee hag e.¥ainiiied the chai'iry's re(iuiremenls for reserves in liqhi of the main
risks lo Ilie urgaiiisation. An unresii'iLieil fund is required of al least 6 months expenditure. Tl)e res¢rves
Te Iie¢ded lo ii)eet ihe worliing Lapilal of the charity and Ilie Management Commiiiee are confident
ilial ai this level they WOLild be able lo ¢ontinue Èlie Lurrent aciivilies of the chariiy in Ihe event of
significani drop in fuiidiii¥. The sirai¥¥y js to continu¢ lo build Irserves thi'ouv
.h pldni)ed operaisonal
siirpliises, an(1 this ivill be kept under review by th¢ Management CL)iiiinirie¥ through ils regular
Ineetings. 113 the short ierm rhe Maiiagetneiit Coii)Inillee has also Loiisidired Ihe ¢xi¢nt to whi¢h
¢Xis1ii)g activilies Lould be curtailed. should the Qu'cuinslance arise,
Thc Inovemeiii for the yeai. ha4 heen allocat¢d io reseryes a5 follow5.'
Uiirestricied funds
Ilesiricted ￿ndS
144,502
144,502
.1 otal Teserves carried forwai'd ai 30 November !U? l are..
Uiirestricted fiinds
Desi¥naied luiids
Undesi&nated fiinds
466.955
1,261.854
1,798,809
Res¢ri¢ted funds
1,7?8,809

VARKW'ORTH Pl￿[R ULIR ,-O13llWIISilONER)
REPORT OF TI.IE TRUSTEE
FOR THE FIYANCIAL YEAR F,IlDED 3U YOVEITrlBE_R 2021
Rcs
OllilbilitlC.$ Qi the Triisttos
Cil.ariry' 12iv reqiiires ib.e Manageingnl ComTr.itte= lo prepare tinanrial srateip.¢n;s for each I￿￿8￿7￿1a1 yeai.
vyliTr¢li ol-￿¢ a trLie and fajr view oi Iht staip of affairs of the chaTltable cumpaii) ￿ ai Lb_e balance iheei
dit¢ and of Its incomints resoijrces arad applictsiion of resouT¢e5, irycliJ(ling income ano expendiEU,"e, foi"
phe firtancial year. In Pi'*pai'ing thcbn financial statements, the LIAaDdgeriient Coininille¢ should lollow
best prkqCti¢e ancl..
.Seleci siiitable accoiinling policies anLI Iheii apply Ihtn) consistently:
obsei'/¢ the methods and priJiLiples in tlie Ch<irity SORP.
Sraie whether appllodb1￿ accoiiDting standards and %iaitrm¢nts of recommended PTaciice have
been folloiv¢d subjeGr 10 any deparrnires discloscd and cxplaintd in the fman¢ial statements;
and
Prepar- the financial statemcnis the going cullc¢i￿ basis unless it 15 iRapprDpriale io assume
thac Ihe ¢harity will continue in biisine33.
The irusiLe4 are rLsponsible fi)r kLeping proper accoiinting recor(Is which disclose with reasonabl¢
a¢curacy ai <￿Y iinie the fmancial positioii of ihe chariiable ¢oInp￿1Y and to ittable them lo en5Lire thai
the financial staiements coinply with the Charities A¢1. The trustee8 are rilso responsible for
saf¢guar(ling ihe assets ol the chariiable curnpaiiy and hence for takllig reasonable steps lor the
prev¢iJiion ¢uid deLeLtion of fr<iud and oiher irrt¥iilariiies.
Approved by Ihe'frustees on ?4 January 2022 ancl slgned on its behalf by.
J WATSON
(4)

INDEpENDE￿'T EXAMINER'S REPORT TO THE TRUSTEES ON THE UYAUDITED
riNANCIAL STATEMENTS OF WARKWORTH HARBOUR COMMISSIONER.8
Respective responsibilities of trustees and exa2niner
The charity's tru5tee5 al'e fknsponsible for the pyepai'ation of the accounts. Th¢ ¢haTity's trustees consider
thal an audit is ntsi rtqiiii':d tor ti)is }'ear under 5eclioJ) 144 of ilie Chariiies A¢1 2011 ("Ihe Chariries
Act") and rl)ai an independent ¢xam:narion is needed.
It is my responsibility to..
examine the financial sialeinents ui)der 5¢Ction 145 of the Chariiieg Aci,.
10 follow the procedures laid dowii in Ihe gen¢ral Dir¢clions given by the Charity Commibsion (under
8ection 145(5llbl gf the Charities Aci., And
io state wh¢tlieT particular matters have ¢oin¢ to my atteniioii
Basls of Indep¢ndenl e%&niliicr's report
My examination was carri¥d out in accordance wilh the gener41 DiTections given by the Chariry
coinniis5ioiI, An exiimination include5 J review of the Éiccouniing i'ecords kepi by the chiji'ity and a
comparison ()f Ihe financial staiemcnt5 pr¢s¢iilcd wilh rho%e i-¢cords. It Jlso includes considLI'ativii ol.
any unusLial il¢ms OT disclosures in Ihe Iinfjncial sri¢ iemenl.s, and seeking ¢xplai)ali011s fi'om the trusl¢¢s
concerninb? an). %iich niaiters. rhe proL¢diiT¢S undeilak'en do not provid¢ Jll the LviclenLe that would be
reqiiired in 211 kiudil, and consequLntl>' no opinion is given ds 10 wli¢il)er Ihc finai)Lial siatein¢iits
present a 'irue and fail. vicw" and rhe repurt is liiniied io tliose n)iltters s¢t oiit in ihe slaiemei)I below
Independent exfimlntr's st#lement
In connection with my exai)iinution, no Inatter has come io Iny ii ttention..
which gives m¢ T¢asonable CÈiuse io believe rhai, in any iiiaierial iespcet. the requircmeni5'.
to k'eep g¢¢ounling records in llccordfin¢¢ with scclion 130 of the Cliarilics ALI; and
to prepare fTnancial siaten)eiits which accoi'd with Ihe <lCCQillilili¥ records. coinply with the
a¢ctsunting requii'ements of die Charitics Act have not be¢ii lli¢i,' oi.
ro which. iii my opinioii. allci)tion sl)ould be drawi in order to enable a proper undersiandin¥ of
rhc financial sialiinenls to bc reaclied.
Mrs P Graham51aw ACA
Nickalls AccoLintallts Ltd
ChaJ1er¥if Actouniants
4 Bridge Sireei
Amble
NE65 ODR
Date.. 24 Jaiiuary 2022
15)

WARKWORTH 14.4RBOLIR COMMISSIONERS
STATEMENT OF FINANCIAL ACTIVITIFS
Ilnclydlllg Income and Expenditure Account And Statetnent of Total Recognistd G£Lins and
Loss¢4}
FOR THE FINANCIAL YEAR WNDED 30 NOVF.MBER 2021
NOTES
Unre5tri¢ted
Funds
Rcstricted
Funds
Total
•o?I
Total
2020
INCOMING RESOURCES
Ip7coniing R*suiir6L's Fru
Gen#roied FRI￿[15
(iranl income
Voluntary incorn¢
•4,764
495
33.163
9(X)
495
ActEvilies Fot 6engr<ili17x FukJd3
TrAding operurions
1 ?9.048
129,048
Rental iiicome
142,489
14?.489
1 *7,731
Oihei. inconi¢
?6.428
67,185
'I'OTAL INCOMING RF.SOURCES
3?3.224
3?3,?24
340,6?0
IIF.SOURC'ES EXPF.NDED
C051 ofgencralin¥ ￿ndS
?02,459
Losi of charitable activilics
Gov¢mance c95t5
2.581
2,581
?,45
TOTAL Rb.SOURCES EXPENI)F,D
178,722
178.7?2
2(14,914
NET MOVEMF.NT FOR THE YF.AR
144,50?
144.502
135,706
(6)

WARKWORTH HAIIBOUR COMMissiof%ERS
BALANCE SHEF.T AS AT 3U iYOVEWIER 2021
NO'T'ES
Unrestricied Restricted
Fynds
'Iinds
Total
?021
Total
?o?o
FIXED ASSETS
1,356,636
1.3.$6,636 1,004,469
CURRENT ASSETS
Debiors
Investmeiits
Cash at bank
111.9?6
70,2J2
358,279
358,279
470.207
470,?07
68i,415
DEDU'CT,. Creditors diie within one year
Creditorb
Accrui.d charges
120.336)
(?0,3361
{17,0?7)
(20,336)
l?0,)361 {18,$49}
TOTAL ASSEI'S I.F.SS CURRE.NT LIAIIII.ITIES
1,806,507
1,806.507 1,669,3)5
DF.DUCT.. Lr¢ditoi's due aftei. morc Iliai)
one year
(77.6971
(77.6971
185,0281
NET A8SE'rs
1.7?8.8O9
1.728.809 1,584,307
(7}

W ARIC OIORTII H&¥RBOUR COIVlfvllJSION£Ri
I'OTES 10 THk ACCOUNTS
FOR THE YEAR ENDF.D JO iyo3fEMBER ?021
NOTES
Unresiricled Reslricted
Funds
Funils
Total
20?0
RESERVE8
Brought forward
Net movcmenl in thc year
1,584.i07
14J, 502
1,584,i07 1.448.601
1.14,50?
135,706
TOTAL RL8ERVES CAILPJED foRIVAPD 9
1728,809
1,728.809 1.58£1.307
Th¢s¢ a¢counis have oeLn prepared in accordance with Ihe St3ieincni of Recomn)¢Dded Fraclice,
Ac¢oiiiiting and Reponing by preparing Iheir aLCOllnlS irt accorclance with IhL Finll n¢ial R¢poriino
Staiidard appliiable in Ihe UK and Republic of Ii'¢land IFRS 1021 and wilh ihe Chai'ities A¢t 2011.
Signed on behalf of ihe management commitlee oll 14 January 2022
J WA'I'SON
{8)

WARKWORTH HARBOUR CO￿]mISsIoNERs
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDEI) JO NOVEMBEK 2021
ACCOUNTING POLICIES
The principal accounting policies arc siimmarised below. -rhe accounting policies have been
applicd consistently throu￿Out the year ai)d in the preceding yeaT.
Basis of Accouniing
Th¢ financial 5taiements have been pi'epawd under the historical cosi convention. The
riiidncial SlGtiemeni.% huve been prepared in accordance wirl) the Staieiiieni ol. Rec0inni￿nd¢d
PrdCllCC, AccoLilliing and Reponing by prcparing rheir aecoiinis in accordance with the
Financial Riportins Sihndard applicable in lh¢ Uk and Repiiblic of Ireland IP RS 1021 ai)d
with the Charities A¢1 2011.
Incoming resources
All incoining resoiirLes ar¢ included in the Siaienienl of F'inanciAI A¢tiviries whcn th¢ Charity
is ¢iiliileLI 10 thc ii)Loine and tlie amuunt can be quantified with reasonable aeciira¢y, The
following specilic p(Trli¢ies are dpplied to parli¢iilar categories of income
Trading acliviries incvnie is recL)¥nised when the goods are sold and oi. the service is provid¢d,
Grpnl iiiLome is credited in the yeai. to which it rclaies wilh the exception of grants ivhi¢h
Ivei'e OTigin<illy oiven 10 ercct Ilie L"ciiire ilsclf. 'l-hese ¥rrÉints are <iniortised ai Ihc S<ime r￿lIe as
th¢ Cenlre and Nvill i?Iways refl¢¢t thl reinaii)ing uiiainonized balan¢e aiti'ibuied io the Ceiiire.
Voliinr¢1rv inc(?me is r¥c¢iv¢d by way of donatioiis and gifts and is included in fiill in the
Staieiiieiit of Financial ALtiviti¥s when reLeivable
Invesirn¢nt incoine is incliidcd when re¢ei¥able
Resc)iir¢es expended
Expendittire is rc¢ognised when a liibility is ii)ciirrcd. Flliidiiig provided Il)rou"
.11 ¥oi)Iraciual
agreeincnts aiid perfonnance related grants are recogiiized as gi)ods or sei"vic¢.% are supplivd.
Other oraiit pa>menis are I'ecogniz¢d when a constructive obligation arises that resiilt u) the
Pdymeiit being unavoidablc.
Costs vf ¥et)trating tunds are th05¢ ¢OSts incurrcd in attractirig voluntary incvme. and those
incurred it) trading aciivities that raise funds.
Govemance ets5ts include Ihosc incuTTcd in the governance of ils assets and are primarily
associated wilh constiturional and 8tarutory reqiiirements.
Support costs in¢lude central functions and have been allocated to acrivity cost categories on a
basis consistent wilh ihe use of resources. e.g. allocating office property costs by floor area5,
Indllabyemejit and human resour¢es ¢0sts by (he number of staff, and finance and Il. costs by
work done.
19)

WARKWORTH HARBOUR COMMISSIONERS
IYOTES TO THF, ACCOU,YI'S
FOR THE YF.AR ENDED 30 IYOVF.MBER 2021
INCOMING RESOURCES
Unresiricted
Funds
Resiricteil
unds
Total
Gi'ant incuTne
Chariilible foundations
Oth¢r organisalions
24,164
24,764
33.163
24,764
24,764
33.163
Voliiniary income
Donativns
495
495
900
495
495
900
TrR(ling op¢i'Jtions
Hai'bour dLie5
Fi.%h l.anding dile5
Park'ing tee
30,577
61,075
37,?18
31),755
61.075
i7.218
30,092
?9,288
129.048
1?9.048
111.641
RcnTal income
R¢nts
14?,489
14?.489
1?7.731
14?,489
142,489
Mis¢ellaneous income
General income
Gift Aid
BdTrk interest receivable
1,341
?4,Oi3
1.034
24,053
1,034
36,860
1,036
26,4?8
26.4?8
67,185
(10)

WARKWORTH FI.4RHOUR COMMISSIONERS
NOTF.S TO THE ACCOUYI TS
FOR THE YEAR ENDED 30 NOVE.MBER 2021
RESOURCES EXPENDED
Unresirict¢d
Resti'icied
unds
Total
Toial
Cosi of generating funds
Direct cos15
Siaffing costs
Light an(1 heat
Raies and water raies
Insurances
Posiai)L and stationery
Rep<1irs and renewals
Legal &. pi'ofc%bional fces
Sundry exp¢nses
Depreciation
2,993
81,041
23,716
1.-%09
16,617
832
28,771
2,145
7,536
10.981
11,i09
81,041
?3,716
1,.809
16.617
832
28,771
?1,799
1.726
?.009
78.146
7,5i6
10.981
12,003
176,141
176.141
?02.459
Cost of charitabl¢ d¢tiviii¢s
Direci costs
Gov¢rnance cosls
Bank char&Tes
Prof¢5sional fees- AccoLiniat)cy
781
1.800
781
1,800
750
1.705
2,581
2,581
?.455

WARKWORTH HARBOUR COMMISSIONER.$
NOTF.S TO THE ACCOUNTS
FOR THE YEAR ENDED 30 NOVF.MBER ?O?I
STAFF COSTS AND NUMBERS
Durino the financial year ihe ¢oinpaiiy's salary costs included.
20?1
20?0
Salary and pensioTr iosts
Trusiees reiiiuneyalion
79.961
1,080
91.141
950
81,041
9?,091
No employee r¢c¢ived ¢moluments of more than £60.[￿)0 l?O?O.. Nil)
Flxkl) ASSI.TS
Laiid and
Buildings
Planl and Equipment and
Machin¢rv
Fixiure
Toial
Cosi
As ar I l)ecembei' 20?0
Additions in The year
948,010
363,148
72.059
79.662
1,099.791
363.148
As at 30 Nove1mb￿ ?021
79,66?
1,462,939
l)epre¢ialion
As at I fJeccinbei' 2020
Choi'ge toi. Ihc yeai.
On disposal
37,677
5,1$8
57,645
5,8?3
95,322
10,981
As a(30 November 20•1
106,303
Net book value
A5 at 30 Noveinber 2021
?9,2•4
16,194
1,356,636
Net bo()k value
As ai 31 November 2020
948,070
34,382
1,004,469

WARKWORTH HARBOUR COMMISSIONERS
NOTES TO THE ACCObNTS
FOR THE YEAR EYDED 30 NOVEMBER 202]
20*0
DFB'I'ORS
Trade debtors
Gift aid
V A'l- recoverable
?4,67?
5¥,747
?8,505
34,694
1?.614
111,9?6
CREDITORS..
Amounis fAllii)¥ diie within
one year
Creditor5, taxation and social security
Accrued charge.
1,5?2
17,097
?0.336
20.336
18,549
CREDI'I'ORS..
Amounts falling more ihai)
one ycar
Mortgage
77,697
85.0?8
STATEMEN'I. OF FUNDS
AtIDec
Inconie Exp¢ndiwr¢
Tran5f¢r At 30 Nov.
2091
UNIiP.STRtCTED fiJNDS
General reserve
Designaied reserve
1,117,352
466,955
3?3.2?4
178,7??
1.261,854
466,955
TOTAL UNRESTRICF.D FUNDS 1,584.307
323,224
178,72?
1,728,809