Orfordness U8hthouse Trust Accounts and Tru5teÈs' Report For the year ended 5 April 2021 Report of the trustees for the year ended S Awll 2021 Orfordness Lighthouse Trust was set up as a Charitable Incorporated Organlsatlon and registered as a charlty on 12 March 2014 by the Charity Commission under number 1156126. The principal registered address of the charity 15 Avocets. Quay Street, Orford, Woodbridge. Suffolk IP12 2NN The trustees at the date of this report are: Peter Benstead Michael Finney Nicholas Gold John Oakes Mark Thacker The power of appotntment of new trustees is vested ift the present trustees. Charftable objects- For the publlc benefit to preserve. maintain and protert the Orfordness U8hthouse and its artefarts for its hlstorit, constructional and architectural mertt; or the furtherance of such other charitable purposes as are exclusively charitable under the laws of En8land and Wales as the tNstees in their absolute dlscretlon decide, particularly but not exclusively by the provision of 8rants. By a lease dated 28 April 2014, the118hthou5e was leased by Orfordness Lighthouse Companv Llmited to the charlty for a terni of 10 years at an annual rent of £1. The income of the charlty Is derived from donations. There have been no changes durln8 the year to the objectlves of the trust or to the pollcies adopted In order to achieve those objertives. Revlew of artlvltles- With the encroaching sea it had already been 38reed that the time had corne to try to dismantle the li8hthouse if there was to be any hope of preservln8 any of the structure and Its key artefacts. Inltlally. the trustees agreed to contrfbute £30.CKX) towards the costs of savin8 the lantern Imurette room and other key artefacts in the lighthouse on an undertaking from the Orfordness Lighthouse Company Limited that they would be gifted to the trust. The intention Is that the lantern room will become part of a suitable memorial building on a site on Orford Ne55 containin8 the artefacts from the lighthouse, whith would be used for the benefrt of the publlc. Durln8 the year, the trustees received an additional donation of £20.(KIO specifically to be used towards the costs of savFng the lantern room and so they a8reed to tontribute a total of £50,000. The trustees were aware that there is a conflict of Interest because, Nitholas Gold, who is one of the trustees is the owner and sole director of the Orfordness Lighthouse Company Limited and also the sole owner and one of the directors of Cobra Mist limited whlch has suitable land on Orford Ness which might be used for any rebuilding project. Nlcholas Gold did not take part in the discussion as to how much the trust should contribute towards the cost of saving the lantern room and other key artefacts. In July 2020 the Covid anti-infection rules were relaxed and Anglia Demolition Limbted were contracted to save a number of artefacts, including lifting the lantern room off the top of the lighthouse usin8 a 50 tonne crane before then taking the rest of the lighthouse down. This work was successfully completed during the summer week5. The lantern room and the artefacts were removed from the slte and taken to a compound of Cobra Mist Limited for safekeeping and restoratlon until they could be used for a memorlal buildin& Durln8 the year, the trustees received other donations of £1,274 and £40.(XIO was pald towards the costs of Anglia Demolition Llmited. At a trustees meetlng held on 25 August 2020 Mary-Anne Gribbon and Vlctoria Bingham retlred as trustees and Mark Thacker wa5 appolnted as a trustee. Trustees, polldes- Risk mana8ement- the trustees have a duty to Identify and review the risks to whlch the charlty Is exposed. The landlord Is responsible for takin8 Out reasonable public liability cover and the trustees are satisfied that the level of cover Is sufficient. As soon as the strurture of the lighthouse became unsound. the vislts to it ceased. Reserves - the trustees do not consider that there Is a need for a reseNes pollcy. The funds of the charlty are being used towards achieving the objertlves of p￿se￿Ilng the li8hthouse for a5 long as p055ible and allowing as many people as possible to visit It. 1¢ erB nste Mithael Finney Nichol Oakes Mark Thacker