Since 2013 the Charity has been able to maintain significant and satisfactory income in excess of
expenditure brought about by stringent expenditure controls and good management. It was
essential that, notwithstanding the satisfactory financial position, the Trust maintained its
standards and levels of operation for the benefit of those for whom it was created. The Trust is
satisfied that this has been done, as has been evidenced by the many acknowledgments of thanks
and appreciation re￿iVed throughout the year from its users of all ages and levels of
disadvantage.
The "Ladybirrf is regularly inspected by the Maritime and Coastguard Agency and has been given
a wholly satisfactory clearance in terms of both the structural and technical integrity of the boat
and its equipment and the recruitment, operation and training of its crew. Technical maintenance
continues to be undertaken by those crew members who have the experience and expertise to do
so.
The "Ladybir(r ser￿iCe continues to be as popular as ever and can expect to continue to be in high
demand. The Trust has continued with its policy of the recruitment of additional crew and the
training of additional Boat Masters as required. 2 new Boat Masters will be trained 202512026.
During the 2025 summer season, Ladybird carried 1,980 passengers on 130 trips, and in the
2025126 winter training season the Trust recruited 9 additional crew, while 3 crew members left.
Currently 7 Boat Masters & 31 Crew
SERIOUS INCIDENTS
The Charitv can confirm that during the year in question there have been no serious incidents that
need to be reported to the Charity Commission.
POLICY ON PAYMENT OF STAF
The Charity employs no staff, and therefore has not adopted such a policy. Volunteers (including
Trusteesl are reimbursed expenses properly incurred in the execution of the Charity's functions.
Andrew Nicol, Chairman of the Trustees
Iz
20
Gary Pyle, Secretary
o the Trust

Section B Statement of assets and liabilities at the end of the period
Unrestricted
Restricted
Endowrnent
funds
Categories
Detsil$
B1 Cash funds
Detsl
Details
Reserve Fund
95,854
¢urr•nt¥Ats
D8talls
Details
BS UA￿1￿
Sk￿rt ty onè I[￿
Date of
roval
¢>¥4
CCXX R2 a¢o)unls {SSI
02112r21rk5

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independ•nt •xaminee$
r•port on the accounts
SKiion A
On &wth• 31" WACH
IEA
O¥ob•r 2011