Orfordness Ughthouse Trust Accounts and Trustees, Report For the year ended 5 Aprll 2022
Report ol the trustees for the ytsr ended 5 Aprfl 2022 Orfordness Lighthouse Trust was set up as a Charitable Incorporated Organisation and registered as a charity on 12 March 2014 bythe Charity Commission under number 1156126. The principal registered address of the charity is Avocets, Quay Street, Orford, Woodbridge, Suffolk IP12 2NN The trustees at the date of this report are: Peter Benstead Michael Finney Nicholas Gold John Oake5 Mark Thacker The power of appointment of new trustees Is vested in the present trustee5. Charltable obJetts- For the publlc benefit to preserve, maintaln and protect the Orfordness Li8hthouse and Its artefacts for its hlstoric, constructional and architectural merit; or the furtherance of such other charitable purposes as are exclusively charltable under the laws of England and Wales as the trustees In their absolute discretlon declde, particularly but not exclusively by the provislon of 8rant& By a lease dated 28 April 2014. the lighthouse was leased by Orfordness Lighthouse Company Limited to the charrty for a term of 10 years at an annual rent of £1. The intome of the charlty Is derived from donatlons. There have been no changes during the year to the objectives of the trust or to the policies adopted In order to achieve those objectives. Review of activities- When the118hthouse was dismantled during the summer of 2020 the lantern room and other key artefaets in the lighthouse were saved. They now belong to the trustees and they are being kept safe at the site of Cobra Mist Limited on Orfordness. The trustees hope that it will be possible to incorporate the lantern room In a bulldlng on a site on Orfordness which would be a memorial to the lighthouse housing the artefact5 whlch have been saved. The buildin8 would be used for public benefft. The plan5 for the development and fundin8 of this new structure have not yet progressed.
Tru5tees' polities- Risk mana8ement- the trustees have a duty to identify and review the risks to which the charity is exposed. The landlord is responsible for taking Out reasonable public liability cover and the trustees are satisfied that the level of cover is sufficient. As soon as the structure of the lighthouse became unsound, the visits to it ceased. Re5erves- the trustees do not consider that there Is a need for a reserves pollcy. The funds of the charity are being used towards achieving the objectlves of preserving the lighthouse for as long as possible and allowin8 as many people as possible to visit it. (4 Peter enstead Michael Finney Nichol Oakes Mark Thacker ..2023
Orfordness iighthouseTrust Statement of Financial Activities for the year ended 5 April 2022 Balance as at 6 April 2021 £39,477.01 Income Incoming resources.. Donations £570.CK) Balance as at 5 Aprll 2022 £40 047.01 Represented by: Capital Account Barclays 8ank account £40 047.01