Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HISTORICAL DIVING SOCIETY
(A company limited by guarantee)
1811112023
TRUSTEES, ANNUAL REPORT (INCLUING THE DIRE￿oRs, REPORT)
CIbi￿(.*0u￿ vi*t$ 10 Ihe Mu5e¥m (tom I￿*1 schtyJl& IN*￿1.8￿Up& Nary vc*ran5 and (thEf5 conmved. Tr Museum has trrtome a
rt8￿1T vemie for vtsitsby It￿r￿￿{wLI1￿mj1ses1￿Bbehj *The I￿￿11￿cof Nayal M•licineiTh AlvetStoke4nd the tkfence fhwn8S¢knl
81 Horsea lslind. Vi*is KTrthe MuseuTh Iwyjrs ¥e usu￿lY ayailable by prior arrang¢meni.
b. Public*ions
Durimg yeir the CTh*iry Fthlisbed the Hi5EThKai Di¥iDi the Pnx¢•Jinzs of th¢ awiry'5 AnThJal C￿r￿en¢t. Ihe
In*Mati￿al J(Nmalof L*¥in8 HI￿ThY.
. CryJfcraK¢5. ￿ksaNt rver
lThe Chanty held ILS confercncc ￿ Novembcr 2022.
Ouirea¢h thlks were given w various intert#•¢qw *¥J seYe¢41 eithtr with a diving thEmE. or wbich diviTrE.rela*d
material. were held ITh the tA¥in8 Museum.
d. Wthking F4uipmeniCJoup
This Conlin￿ed to dernonstrdre its historical Itivi￿ sevetai kK*1￿% the This inclth evenrs T*htre ￿se
4NeThJin8 were giweth thewrtunity todiye inhisknical cquipn*ni.
. Websi
Chvily's websites lincludiTrg thai hr ihe Diiin8 Mu5euTh) LO auratt ¢t4uiri¢5 fvThn all youps. ¥4ryin8 from schco)1
PTojrcIs lo family hiskny [￿hnICaL quale5￿0Id e9UiPlTrJIt.
(CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
A¢lw¢v¢ffl¢nts￿ puf0rnw￿Cl¢onI1a￿JI
f. Hetiiage &55￿5
Theawily OVllL5 a wide col]ethii¥n ofdi¥ing.rel*td ar*fxts diviTh8 tei*d ws ￿ diving tells. fm OIYUL
Company catak>gue5 to Scie￿lfiC th"Yinz rcsexcb divtng fflvjicine. They incl** ofthving.. spm. s¢ieNfLC.
eommttci41. arcknlo￿C11. ￿￿￿￿. aThJ en*rt*inrneni.Try coverthe FrrNxlOfthep￿I 2.IKAJ y
TheCh¥bry's ¢olledi(xbof histiwival ¥tef*ts is dispjayed In its DiviD8 Nluscum. with ￿ extensive revr¥eCOl￿1On kbj th lis *¢hve>
Thedatabase holth.ng dttails of thec01￿riOn (indwhnz hpan rDthea￿￿ry). r¢ruds inucessof9.(Witems. andislhe prirKiwdl
Lbanagemerti tool used.
ThtColleJion ttsiat*se is avaiknbk ¢0 iniertsied p*Mes *is&in8 t0ftsel￿ *y itembearinz m Jnmd d￿¥￿￿10n Yequiremen
The decision io aequiwe ordis1v￿ of a colknion rr5ts with thr ￿"V￿18 Myscum DI￿rI￿r folkn￿TrI di￿USsiOn the ho*d and
thvin8 Museum C￿mIll￿. &Jth 4uisiii£* oTrJ th"¥*￿*1 are¢*rrI•jthA(￿R[Y with tr￿Sp¥t￿.
The main kKioriiy for f•wre wulsi1th￿ is ￿ fill Ihe 'w5 in Ibe Clb7nty'5 colkctTh of diving hisM)ry. equipr￿e￿L bIt￿￿Te,
T￿01*>1118. In thhef to seek *rtef*$ *tyJ liteAiwe Ihat #e iAlhE ¢oIIt¢IK￿ at r￿Se￿L
Page 3

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HISTORICAL DIVING SOCIETY
(A company limited by guarantee)
1811112023
TRUSTEES, ANNUAL REPORT (INCLUING THE DIRECTORS, REPORT)
The Chari¢yrttogTri5es lhe[￿Xipks￿ *bJth'sp)￿l xedeitmimed will Ihrough4fomaJ review
pr￿$ ihat identsfi¢s which colie¢wns aye iA¢ILKkd aThJ ¢￿￿*d frmi lh¢ Th¢ out¢om¢ of r¢ii¢w ￿Y wb5¢qUChl
ityJiILSlltion Mll not redllte the qwliiyty￿¥A1fi￿ce of the c￿￿1￿4[4d will resuk m • us¢able. bet*rMIw￿ ¢oll¢¢iJon.
7h¢ procedures used will wolesywl The Iviu be and tsanspa￿lll. I7￿Te will be ck
municiiion withkey the WEtcffje5 and
¥. ATchive& &bw. store
Tre Civil Dtfence Cc4rtYol Cenire in the Awettu¢. as ts C1w's xchtvs litThy. and sthK.. Tht lilw ts available
lorTC5earch 3ciiviry by aTTangemcni.
(CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
A(hi¢v¢rn¢M$ p¢rf¢)rn•r 1wllir￿￿j
h. Re￿￿$ and to ithe Mu*¢¥
WLKk ha5 tsking plxe in Mith the and ihe Diiin8 Museum ai No. 2 Biiiery. ITh 2021.
Arts Counnl En8laThJ awardcd a 8Trni of £i￿A￿ iwwawd5 a pl￿￿d<0￿ of £114.418k W so1￿ an L55UC the inml enyiwonmrnt
of the Museum. Dunng ihe year utth rL.￿. ￿ Chanty was 5wce55ful a*aT(kYJ f￿1￿{￿•115 and a IDwawd5 the wowk.
Arts Cowwil ￿1￿?0. a77.IKXJ ¢05tsdU55.436L for linL4￿ling thsbbied Access}. atLd
rt￿1[5 ID the (aiYi¢ of IhE Lh"vin8 M￿ll￿m tpubthN8.
N*iona] iA)iw Hentage . Ik%elopffleni of E72J14 l￿WardS plan￿d co￿5 or £108.814). to help progress the
Cknity $ arvbcation fry a [￿] N*￿n31 L(xtery yamaa l*ud*. Tr applica￿Tr IoTEhe lullgTrniis expeLtrd lorEelM>.IXM)
oui of kKal ¢oM o(WJ.(nl. Th¢ twi bu.ng deyckwl airDS #) wo￿ (ollabor*ivety ihe local coThmuTriiy to
crit¢ an aCCC55ible arKI cn8aBin8 eXPAbJim￿ and a]>) cary tyjr e55eniial pl*nirt¥ ftr the ¢(*5ervaLIOD
and ￿r08£m￿ni0(th¢ buJlth8 awj thewion ofthe Museum.
AtrhrteLThral Heniage . f12257 aw*ded *wJ ￿e1ved. ￿ fwtrj ￿ of the fees incurred ith the Musew
Fth81*￿. £411.￿￿) l￿w¥d% c￿S nfLS1SIth) the of No. 2 Bauery. meeiinE Certain
rewiremems withn the devdwfftyni tthtofthe gADt.
Cwi Council. £15JXJ ￿WardS the Charity'5 5hareofthee￿5 fu￿bY Himoric EnglaThi.
IMCA Iihe lttiemaiiortal M*itit AS￿￿1*￿). £251((l award&l retti%Yd ty te wwards the imwve)w
Dytint the yttr.tht fJr# tr*Khes of fffom the Arts C(A￿£*I Ira￿51￿￿ the N*1￿7 IA)ttery HeritaF Fund grani were received (sec
the nOEe th the f￿4￿111 M*erntnts tEl*1￿ ￿￿an[sI.
(CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
Fin￿•81 rtview
a. Fin1￿ClaI rA)5iiiD
Pagr 4

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HISTORICAL DIVING SOCIETY
(A company limited by guarantee)
1811112023
TRUSTEES, ANNUAL REPORT (INCLUING THE DIRECTORS, REPORT)
Tr Charity'$w*xipAI fw(InR xwc¢5 UJ th¢ yt*ruthrcvi¢w. t￿￿.
DIVL￿ mU￿rn thIr￿e ftts-£9Jl6..
annual fee5 for ofthc awiiy. £9m)'.
sale oftthks *d macha￿j1st Attr Divin¥ thc (mlinE dMy.£ll.41￿' and
general Lknn#iows- £6JW.
To8eth¢r wilh sn4ll¢r fwjding swcts. these ¢n•bled th¢ Ch¥iiy to Divifii MuseMI. w<OJte p￿11¢*tiM& oui lis other
d￿n￿ble x¢ivsiies.
addill￿. Ehis y¢Br ih¢tr bav¢ Si￿•r￿￿1 5(Wtt50f ￿1￿$ ￿led ￿ P*rt.fU￿ the imrxo*ffitsL* ￿ ihe Divlfftg
JJseim. and th$$ f￿ndIng ¥nd the rekntejj exptyJ¢tUTe is * Si8wfi(* eve￿ has *ffet*d the fm*n¢ial performa￿ orth¢ Th¥iiy and
15 financi¥l p)sitson ai 31 March 202J. The amol￿s￿l¥t t*ets:
olrwtria¢d fmd5wa1kn￿ £133.413: I￿j
the expcndiiute from th05¢ fiKM15 m th¢ proittt *￿11￿￿£39.71O.
(CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
b. R¢KrY¢s pYi¢y
Tr CIHrity thd a ￿￿ry¢S wIKy dwiTr4 th¢ ye¥. SiD¢¢ 31 Mw(b 2023. the have yed a resetvt5 w)IKy f
rinaJKial stability.
Ih¢ INs1¢¢5 of ih¢ Clwiiy will eJthawJr the •t • k¥el financial s￿l￿111Y and rhe mea￿5 ￿ n￿£1 the Chariiy's
ch¥itabie thjcctives for the foreseeab]e (wwe. As swh. tr thJ#ees will miithrt Clwity's financial re5etvc ￿ a lev¢1
ich is ￿ lea# equivAknt of:
th¢ t1￿1¢4 opw4ln8w￿11wlc. kss exw1￿ for thtmexi 12 wths Iforthis purpJse.expfflthwTe4kns
incl* eyndi￿re0fft tsn8l￿¢ f￿¢4 asse￿ orexptsws b¢ex￿trd to be by ir￿OMe).. and
awniof Ih¢Charily'S fufytsless￿Y fwwjsthai noyth)tbeTe*dily availablefor5peThliDg. when
speDth'Trgthox funds mi8hithersety ￿e£l theCh*iiy s411hty￿dtj1y¢[Ilst￿an11bk*a1ves.5wkn fundsneArydily4vail4bk
th¢ anwn¢ of any iangibk fixedasxtsosed thei*¥ity"s f*tivi¢*s.
Anythigo¥ed fuAlsset ￿de ￿￿￿￿¢￿￿1141 (uiuresp*thI.gxthas [UHthn8aw￿tha1(oll￿j noEb¢m¢r(rom fu1ure￿¢oMe.
lThc vrill rEview th¢Fdicy * th¢ ￿￿￿￿Offi￿￿1￿ l¢a4 ew year.
As a tesuli of the ab)vt. sinte the an InKx￿ of £22JXI) frpm 8tyml ￿￿￿nCle0 fund5 ts) a de5i8na*d
furtd.
In *JditwyJ, lh¢ Y￿ end. tr* h¥e su £85ml fwwls to ￿￿her d¢sign*d (thbj to be used
towards Ihecosi trfthe Museum
Pate S

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HISTORICAL DIVING SOCIETY
(A company lin]ited by guardntee)
1811112023
TRUSTEES, ANNUAL REPORT (INCLUING THE DIREcfoRS' REPORT)
(CONfiNUED) FOR THE YEAR ENDED 31 MARCH 2023
govern￿e￿d
ThL H%sEorical DI￿￿£ S(Kicty is a cotupany hmrted by 8w*e. 15 a th￿lty. li i5 c￿llEd by its governing doubmEnl which. a5 a
cornpaTry. is 11$ ArtKlesofA5$0fLaliOti.
The B(paTd can CoTr$L￿ of up ro I I ditec1￿￿ wh) ￿ thL' ofihe Chanty Th¢ Art*k5P￿￿de1hI[ • dirtt¢tr mu# bc a memt¢r of
the Cornpany. The th]sieek as diteciors. are el￿[￿] thc of ihe c1￿ly. serve a F¢tiLxidrhree years. though they may
r¢.apwnLed. The Board may cwi a rnernberof ihe Ch#iiy ￿ bc a in(Ythr kn Illl a vacaKy. th1￿ tha7co￿[￿L iThJlVLd￿ll
hohjs Off5￿ only mlil lh¢ r￿xt ￿¥01 8<n¢raJ m¢44inK.
The'feference xlrnKEistr*ivL ddails otthe charity. itsth15*C5 and ad￿￿'L￿ l of this *thual re]K￿ showsdetaik of..
th¢d￿t¢tOr$IfOJSfv th orrice th￿'Th￿ I￿ fthxi*l yw4ThJ * theda*ofthJ"s R¢
the *Jdressrftr*Cowy's registertd I•MI [￿￿1) orrKv.
thECompany'5 WE8￿1411￿ Trjmirr. atyj
¢hatiiy rey5tAucffj numbu.
Apptoval ofthe rLT
cparin8 the dbTectws' rEpKL alvaniaBe been rfthe ComPx￿e￿Cn¥>r1Qn Part IS ofihe Comw4niE5 Act 21th.
ThL5 rewrt wa5 approyed by the Bo¥d si￿￿ ir* Wflyy:
M B CYM¢arn
ICh¥rolTrys*es) D*e:
Pagc 6

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
Registered number (England & Wales): IFJ204944 Charity number: I15￿32
IfAV2023
THE HISTORICAL DIVING SOCIETY
(A company limited by guarantee)
UNAUDITED
TRUSTEES, REPORT (INCLUDING THE DIRE￿ORs, REPORT) AND
FINANCIAL STATEMENTS

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HISTORICAL DIVING SOCIETY
1811112023
FOR THE YEAR ENDED 31 MARCH 2023
(A company limited by guarantee)
CONTEwrs
Page
ReleterKe and admini*MiYethEai15 o[thcch￿Jry. 115 T￿￿•¥j*1¥15crs
Trnstets. ￿n]￿lI rerth (iKlwlin8 the dYe<tsn'iqxxt)
I￿￿pen￿NeXInWnerfS report
Sla￿￿4)1 or r￿l*KIal adivjlj¢5
10
Baia)]¢e skni
res ￿ the fl￿￿11] siaiemcDIS
13-26

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HISTORICAL DIVING SOCIETY
(A company lin]ited by guarantee)
18111/2023
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY,
TRUSTEES AND ADVISERS (INCLUDING COMPANY INFORMATION) FOR
THE YEAR ENDED 31 MARCH 2023
Trw*es ld¢Ttt￿Ys
J A J Cul1cn(4)pM￿ed JO DE(ernTr￿ ￿12)
PHTh¢k
E FJarDeSl4¥W￿ 30 tk¢emt¢r >n2)
A J H M￿shall
SJRc4
Company tegistered rtwnlKr (Fmijand &
Walcs) IP204944
Charity Tew5*red number
1159)32
Re8is*ttd lartd
o(fKe)
Thecivil Werteconuol Ctmre
35 The AYerA
H•rnpshw¢
P012 LTS
Bankers
Btrclays Bank UK pit
FOR THE YEAR ENDED 31 MARCH 2023
Th¢ mLS*¢& wkn ar¢ th¢ thr¢cth)r5 Ot th¢ conwy (or th¢ p￿￿$t$ of tsw. azLd the financial 5tr*rncMs r(Y
the ywended 31 Matth ))23. Thi5 ihe aE%¥ xe pEpaTcd to meet the re4lliterde￿s for 8th.￿10￿. yeport
The financial $th￿MentS con¥)ly with the CkntstsAei 2011. theco1w￿ACl 21￿. the Aniclcs of A$8ocJation.and
Chuitics. &•t¢meM of RccornrMdcd PMic¢ (atgli¢*k ￿ dwitits ththi ITh with thc Trna￿la1
Re[￿l￿sSIa￿J￿d •ppliulAe in lh¢ UK ￿ Rfpublic of Ire]￿j. FRS 102) ¢ffet¢iveJar
1019
In IhL5 tcwKt. cxccpt the c¢￿￿Al tWUiTe5tykeiwix thECon¥MDy 15 ¥¢f¢ry￿ w as Ihe Ch¥ity-.4ThJ thedittciots are ttferredth as
Obj¢oiY¢s and w¥iii¢s
Th¢ objellives ofth¢Ch￿IlY

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HISTORICAL DIVING SOCIETY
(A company limited by guarantee)
1811112023
TRUSTEES, ANNUAL REPORT {INCLUING THE DIRECTORS, REPORT)
Theobjects of theawiiy
'lo adv*w¢ iht ¢thc*ioDof th¢publK in the x¥dy of thtbisknyof divir•g.-
b. Acrivitirs undertaken lo *thieYc*li￿5
Thechanty is vjn wholly ty ¥okn*ts
t￿ring th¢ y￿. th¢ C)¥iiy ¢arri¢d ￿ itsckniahle •aivity ofokninzth¢ a5 5¢EOUI bth)w.
OwaEing llDiving museur￿al No. 2 Ba￿ay.sths ￿y.C￿X1. Mcrnber5arc renTrded can vi5ii the Diiyng Muscurn
fr￿.￿¢harge when li is s)tth. Kbsii¢lYnn4f.th"tritiywswm.u)J*l forcTenins timts. Pltw briTr8your
mernlxiship cdrd wilh you.
arti¢ksofThisioriral thwibwith*resr. Ihrtwgh usoewsld*r. the mi￿1￿1 DÈbin8Times. *)diis Irfer￿lO￿l J(thal of
YID¥ Hiawy. *hi¢h •r¢ metyt*ts4tyJ (xtullted w Ih¢th in*Ma￿O￿al (Y8ani5*i￿S oiherinie¥eA¢d
p4rne5.
Hoklir* a c£ii(erentt. Biyini talkk INJ evertts with *di*in¥ thty))e. Wh￿ were the wbbc.
Ow•Eing a Wthin8 Equiprne￿ (knp ih* r￿es&Yves classic in a usable fo￿. and whicb is ofien (krnon￿rd[ed 4t
rallies and exhil￿1￿XI
Mtiintaining its BeA￿l081£aL dal*b￿ ol hISth￿al thytrs called The thi'ers ITh*x. The Chanty ￿lcOmes£￿￿1ntS about disryng
•rttc*ots ￿ fc*mereoUeaw*s w>¥) wi¥kvJ ￿lIlied¢￿i￿￿
The Charity's fflcmbershipinrludes xn)ss cniire SPeCthLm of mtcre5r- uchivisi& archaeolo81515.
allthors. arti￿s. biblwhjles. c(AiecN)rs. thakY$. ¢ngi1￿& gcncakngists. mamfacMrer5. NNseum5. {Ke•￿08]Sts. phwraphers.
se*rchus. scientists. divets ¥nd ex.thYers all i￿n¢¢50{& 4Kxld.
(coNrINUED) FOR THE YEAR ENDED 31 MARCH 2023
Objeciives und xtivilits l¢ontirw&dl
Public bcnefit
The tntstees have c(hmplied ￿1h Ihe ifft stcth)n 4 of thtCkniiesA¢i h•lry¥d K*the public t*n¢fit guJdan¢e 86 iswed by
the Chlrity ComnMss¢on.
tkning the ye4r the hwsitts have r¢f¢nrd ￿ th¢8uknrffi btrtfii wbcD TCYi¢Win8 fALr alms obiwtiV¢5 and ITh plan&in8 thos¢
tivit￿. In p3rt*ulBr. tbe itu5ttts hDv¢ ¢onsthcd knw Pla￿ ￿1vill¢S T￿￿1￿ to the airn5 I￿j oWiYes thai W had SCL
This publiebemefirsralet￿rforn￿ iheb¥sis foraif JLNlteme￿s[e8￿dlnso￿ic1￿l ry¥)ytsiotheiiusttt meeim8s.Ini*deriote rtIs￿red
thii the fBcilitit5 ll￿1 seTrices thai xe by the Chaniy those ￿1￿7a. Ai those ll%CEings. the curreTri financial w>siiion is
iewed. Incknling ukEnB *COLthi of*y a￿1 oftht Ch*ity.
Ackn"¢¥¢￿rt￿¢s alld ￿lI0￿n
ving Mus¢um
the >Yar. wu¢ovu3_YX>visim Th5iKiwlc(likne ￿slE￿ duTjllBn(xn￿7 th)% visi11￿8
Iside rh(K
Page 2

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HISTORICAL DIVING SOCIETY
(A company limited by guarantee)
1811112023
INDEPENDENf EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2023
Inde￿￿t exlrnitrfs TepfrfE to thc Trustetsof Thc HisKrfi¢Jl Diving S(¢i¢ty Ilh¢¢b¥iiy)
l TW)rt w the charity TnJa¢es on my ex•m1wi￿ ofthe ￿50fthe(b*ity fwthe 31 M4Tcb 2023.
Responsibilities **1 b4*"sof
As theTIW￿$O[￿ cb•Tity 1*1 iisdi¥ettUs forthe ofctwwy Iwl you rtSWLsib]e (orthE Pr£P¥*￿ orth¢ ￿0￿niS in
cordance with the requiTemaK5ofthC05wie5 Aa'l.
Hawn8 Sltisfjed rnyself thai the accoU￿S of the ch¥iiy ¥e be **ji￿o P¥1 16 of the 2LX)6 ar¢ eli8Lbk r(Y
in(kr*Thieni exarninaEi￿. I re￿ in ￿S￿l0[mY examin*￿ otthtdwitys *crowts cmied oui utyJtrseLXion 145ofihE c7￿￿11C￿A￿
2011 I the 2011 Acn. In ¢arryin8 my tx*nin¥th l kne (oib)wcd the by thr Chariiy Cmmi5sion u￿[er seciM)o
14515Kb) of the 2011 Ad.
In¢￿￿1 ￿•M1)￿S
I havewrnpl¢*d ffjy¢xamiTrw￿. my4uemiw iACCffjPtthThwith the￿arnIn￿lOn me¢ause
believe..
x¢ouniing rtcord5 were ketrt in resw¢of the£h￿ty astt4Thxed by 386 ofthe ACE: or
Ihe do Mi ¢omply with the rgwirnts ofsethion 396 ofthe 2rth kn other thin wy thai the
Counts 8Lve a'rme *¥J fiirf virw whitb is llOE arn*ECr(¢￿Si￿ as p￿0[30 iNd¢Fthf cMaminauL*): C
¢OW3ung ffp)run8 by chariii¢s lakylicable ro chariues theiraccouThis in xcotdance with thE FMwKial Rep)rtMI8
Siojthrd appticable Ibe UK RryublicrfltElaThl (Ffts 10211.
I ￿v¢ w c(thcems afvj have comt &yoss with the Mthirh ar*Mion 51M)uld be drawn in this
rep)rt in to thible a Of1￿ ft*htyJ.
ThisRpJrtisma(k $0]ely ￿the ch￿l￿STrU5￿c5.asalXyjy.lffl xcwdarKt with Par40ftheTh￿1j¢5 (Attr￿¢51￿d Reports) Regulations
21X>8. My wotk has been UEwJ¢nak¢n so ihat I miihi N¥¢ fv th¢ ¢h•iiy's Tws*es ¢kne matters l T4uiwed 10 10 them in an
]nthpendcnt ¢xinMn¢rfs ryort ¥uJ f¢xwotknpuTP)5¢. To the [￿￿$t pernit*d by law. l 0[a￿rnE res[￿￿bi￿iY LO
other than the ch¥ity and ihethrityl Try*eesas i t*￿. fw my or this TeFOM.
Docu¥Wdty.
20-Nov-2023
88D)ITr￿1￿4Ts
M R Hubbo¢k5
Richfflo￿ Hws¢. W4lkcrn Ro*J, Str¥¢wt SGI 3QP
Page 7

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HISTORICAL DIVING SOCIETY
(A company limited by guardntee)
1811112023
STATEMENT OF FINANCIAL A￿1V￿lEs (INCORPORATING INCOME AND
EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2023
Unte5tridcd
X123
ReAnr¢ed (ww15
2023
Tothl futhds
2023
T￿￿1
funds
2022
tncomt (tDm'.
Iknations and
l32.lf
lJ35fy1
234.9X>
Chaniabk Xiivjues
OtheriTadm8 acuviiies
Baok in￿e
24.192
24.IW2
12.770
263
12.770
1249
1249
Tokl inc(Mne
EX￿nd17￿￿ L*..
Raisin8 fuThl$
ariiable ac11￿tieS
42.(
39.710
82.7(ffJ
T￿1 exp￿￿1￿¢
Neiiexpendilu￿￿nL*)n
(12.1261
93.701
81.577
TtaTr5fet5 knween tund5
16
2.182
111821
Net move0￿￿ in
Re¢on¢iliation of fuftds..
Tixal IwLds btouzht fonvard
Ner nK>vemthi in fthjs
234.930
{9.944)
91.$2l
2J4.930
T￿81 f￿nd$£a￿led fward
The StJ*meni of financi￿ Klivitits
lOss¢$￿￿￿7$¢a ih¢ y¢¥.
2VJI6)
19•.n•
234.910
Page 8

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
The Jxxes ¢)t p4es l3to 26fon*w ofthese
THE HISTORICAL DIVING SOCIETY
(A company limited by guarantee)
REGISTERED NUMBER: (Y)204944
- 1811112023
BALANCE SHEEf AS AT 31 MARCH 2￿3
2023
2022 No
Fixed assets
T4niiiA¢ ass¢ts
HNiiw as5d$
12
3.914
4ffjJl
12
5.914
4.631
CurTeni 05sets
s￿ks
TJ
Debto
14
C•sh at atsj im hard
M.958
227AI
310593
230299
316.507
234.930
316.507
234.930
316.$07
234.930
315.857
234.870
Creditors.. Iini)Iints f￿71￿% d¥ wilhini￿cYc
Ncl£unrnl I￿￿5
152641
143711
To￿1 ￿se1$ less ￿rrent liabilities
Na assets ¢x¢lwlin8 4SS¢I
Total nd a55ei$
Chariiy fuNIs
Reswic*d futhls
LILTe￿n¢1ed furtds
16
91521
224.986
16
234.9J
316.307
234.930
funds
Pag¢ 9

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
The ¢harity was thili1edwextmp￿n Im a￿111 477 oftht Att21Mkn.
The membershave #Dt th¢con4￿Y ftttht yeArin in with seMioTr 476 Ofcom￿￿tS Act
The Trn5*es *knowltd8e cryiyrAg with of the Aci its #C￿nI1￿8 re¢(Kds and
prqoral1(￿ Lrf finaKial 5ta*ffl￿.
The 44￿meN$￿1￿￿ttefi wep¥ed in th¢prO￿*￿SIpPItsbIe ￿e￿I￿e$s￿bJttI ¢0 th¢small ¢oryanies
The fLAwKial 5rattsnthts wert wovcd allthLY￿d fot155ue try the Tw5*C5 ahd si8￿1 on thur behJllby.'
Pa¥e 10

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HISTORICAL DIVING SOCIETY
(A company limited by guardntee)
REGISTERED NUMBER: 09204944
BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2023
M B ONe*rn
ICha¢iofTnJs*s) Dale..
Th¢ ThJesoap•ges IJ th 26 forffl ￿ ofthts¢ f￿￿7#1

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HISTORICAL DIVING SOCIETY
(A company limited by guarante£)
1811112023
NOTES TO THE FINANCIAL STATEMENfs FOR THE YEAR ENDED 31
MARCH 2023
Gertefil infL*mau(
The HIS1L￿al Divm8 ktidy. ¥eh*iiy. is a limrted by 8W¥Lieg ènd Lkns have a share cawial. In the eveni
of IheCTh4thy t*ill8 wound up. Itrrt liabih.iy in of Iht8U*a#tee Is TO £1 permtmtrerof Thaviiy.
Th¢ Comp*y is yegis*red in EnglaThJ & Wakk ￿1￿¢ rt8iMrni(th Mmt*(P)201944.
lis regL5*red orrice ifi ThE Ci%Yl DefeJKt CoTrknoi CentrL'. 35 The AVer￿.￿b5￿M. Hawth"re. A5a clwittble coryllny. ML the
n(xcs to tho fin￿￿￿[ StsiL•rttÈni%. Ihe Ifijsiix
A5 al￿￿1￿b￿￿￿p￿y. in rk. fthaniial fWLryThLWS. IhethreLiO￿ a5
Accouming ￿riL)eS
BLws orr1¥￿￿1
The ILn3nLial kvc pfLV¥LyI in accorthm'c wmh thechariiics SORP(FIiS 1021. AccounlillB and ReportlTr8
by OLaniie5'. SEatem<ni o( ReL(Xn￿LY￿ PraciKe 3ppIK'abk io chaniies rryaring thtir amnt5 In accordanc¢ wmh th¢
Finaniul Rcp>rtlR8 SraTrJard awjkable in UK aTrJ RLpublic ot Ireknd IFRS 1021 leffeciisr l January 20191. th¢
Financ￿1 Rewii￿8 a￿￿￿-￿k. In th UK aThl 011￿band (FRS 102) aTrJ ihccompanics Ac(2(M)6.
Th¢ HISEOriL￿ Diving Sxyiy thL' thri￿lm￿ • whlii Wit ¢Triity FRS I￿. Awts ¥d liabiliilts are
InirAlly r*o￿ls¢d ai h￿o￿K31 c(W OT ir4rLSKiMWb unk55 ￿herwiSe swed in rhe relt¥'*i *¢uuniiAg
The fJn?n¢ial sU*¢Tr¢ntS￿ £ *rtiD¥ Lsth (￿￿¥)0•1&￿￿Tel*Yfjr Ih¢Ch¥i¢y. mon¢1￿ arfwots in the
finJn¢ial $Eatern￿l$ ￿ ro*dw Ebe rrn¢st f.
Ai the iiffle ofapFKuvin¥ the [￿￿￿lI1 swemcNs. the in15￿5 ha¥e a TCLSonabk expecthii(m ihaE ihe Ch￿IlY ha5
tf51xirre5 to coniinue in exi*eDce fLY ihe [￿e5C￿ble lu1￿￿. AccLKthnBly. the rru5Ett5 coniinue lo adopt ikne
g(yin8 CL¥KCrn b￿5￿(*t￿￿tIng1n prwiig the *mEnr
The financi41 S￿leMe￿ prtseni a irw aAd f¥ir Wew Md d￿8¢$ h*vt tho¢ t¢en m*k ￿ th¢ xrouMiin¥ p)lin èdopied.
d¢tailtd b¢b)W. BS coffjpxed y¢4r.oth¢rthaD ￿ MIt￿￿}￿leS Ay I￿Se itrms (K¢urrin8 forih¢ fiN li
in this year's firwKial *a*rr*nts.
No chaThges to atcow ha* cthirrtd ih the ￿. *MI ￿￿ten11 PLLwyearertor5 have been the
Pag¢ 12

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HISTORICAL DIVING SOCIETY
(A company limited by guarantee)
1811112023
NOTES TO THE FINANCIAL STATEMErirs
FOR THE YEAR ENDED 31 MARCH 2023
rdicics Ic(mtinutd)
2.2 I￿rne
I￿Orne 15 reeopmsed th tt* 51*ten￿o[ Aaiviiies wknett ail tt* loliowinicti*na ￿ meL
• the ch￿ilY has *) the
• *xlxd th the I￿O￿t have beth fully the cthKtDI ufihe Chatity".
• it 15 probthle ￿17 bE￿(tItI&l. ar
Grnnts or¢ r¢W8n]￿ in tlv¢ is r¢a8ryth •$wra￿e IcnTrs aTrJ will be met Ind Ihai the
Brant will b¢ rwtiv¢d. Tr ffiw¢¢s beli¢￿ th¥ Ih¢y hav¢, aThJ wilL ¢(ryly wtth the wirewtsofihe8rai)ts. so &$ 10
eThsute that Doncof Ehern will become rqmyabie.
IncoThe frimn Mle5 iKl¥J¢s tharFs salES0￿JE
2.3 tknatrd serviees *kl
tkn*itd stsvites 8(#)Js ¥e recoyustyj Is inccqne Iht awity has contro] over the itern. any wNliuons
ciaied dc•wd 1￿M have t*ert t￿. the TeteiM ofecLMomic bcnelii (￿)￿ thc USE by the CILaTiry of ihe itcin 15
obable thai cc1mm￿lC￿￿Cfi1 can be ￿liab￿.
Wkne it is impNcii¢al to me*xwe the fairwa￿￿ ofgty)JsdoMied rtsik.£wif the c05t50f Vi￿alK)no￿weI4h the benefrl
b u5U50f ihe Fi￿3￿ClaI *)d rheu￿rily0(th1S in[(v￿l￿n. the thnated wxwJsatE reco￿lSed when they are sokl.
(IJ 5alE. the r￿(￿ds1Te in'4llcomE Irtxnokn tr*liDg xli￿li£s.
D)n*ied stsvitts atr tr[otnis￿ on rhr b￿15 Otthr val￿011he ihe th*ily which is the the Chariiy would
FAve Ixen willing to wdy to olknin 5crvKe5 ￿ VKWJS ol cc0￿MiC benefit on ￿ open a corresp)ndin8
Unl￿nE js ibeD recopised in ex￿￿b"i￿re in the of reryi
The ChaTity havc anploy￿ azwj all lis xiiviiie5 ue wwjertaken by get￿￿1 volwLteers. In accorthce
Irh FRS 102 and the ChariiKs SORP IFRS 1021. the e((thmic of volw*etr5 1$ re¢o2Trised IA ihe
2.4 Expaxliru
ExpEndilure is a￿¢ t1￿￿ i% a kgal ￿(On5th￿l¥c LqJhg*m ￿ make a paymcN ty a third p￿y. li is probAbl¢
thal sellkmcm will be tequirtd *d the of thc thlizati￿ caD be r¢li&ly. E¥VdiN￿¢ is ¢14ssifi¢d uTrd¢r
the folk>win8 XIiVLty he•Jin85'.
. R*i*rtg (utyjs. costs t*ise fwjs kn tr*Charity's¢lw"Ii*blepArw
• chri￿le ￿l¥ll1t$ . all ews *lilryties fwther its c1￿*able wms for ihe twfii of it5
Pa8e 13

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HtSTORICAL DIVING SOCIETY
(A company limited by guarantee)
1811112023
NOTES TO THE FINANCIAL STATEMENrs
• lJherexpertth"ture those i*mswA fallitsg ibMoeith*rof N*&*)btl￿*1Iry$.
ItTccovera)le VAT 13 w*h t￿￿￿Se. whcte IE 15 ￿he￿Wise.
FOR THE YEAR ENDED 31 MARCH 2023
Accouniirtg p)lieLe5 iewinwj
2.5 T*%aiion
The ChanLy is txcmv IT￿) lax ￿ itsd￿nE￿￿iyjl[tes.
2ffj fixed a55ets
￿￿$¢0$1•￿¥ £l.IXX1wTh¥r*¢withl￿￿￿¢om￿J￿e&pft¢11Iedow thewtslimated usefuletoth)n
IivcsoA A 5ttHl8hr froffl thyeJrol*Nwisiiiw as fdknws
The Chaity own5 a GT* 11 b%*Yl Irc<lK)bJ xquirrd by its W¢d¢(￿ rbaniy. foT wliiibl¢ wD*dLY411ffi. 1
2015. A val￿. was ￿ atiril*ltL￿ io it ￿1&4￿1$11￿M due ro=
. thrrp bang nsinciion5 (WL u5C Ot - li ir used for 4ny ￿h¢[ ihDn ￿ a museum. library.
' itspfyx ofrtP4ir*yJin*mal
As Ehe buiwini is IJ hstd the coTrsi&r li ha5 y5¢ful fXf4¥)mK h"f¢. Maiol¢0￿ co5￿ ¥e
expnxd as MKwred.
F￿01d
Pla￿1 a￿1 mKhi
1.7 Heriiage ass￿5
.Overb"Yca knwcen 5 10 yea
The anef*ts e(rfrwsthg Musthm'sthlknth fflll wthi'¥b thethfifftlii￿ OfFkn1t￿e Assw in the Chèriiies SORP IFRS
ioz).
MOM oftr cdkdirAL W¥ (kn*d to tht CThaity rn 31 ￿22. SirK¢ th¢n. hav¢ bc¢n rn*. Iht
TnJsf¢¢s 4Tnsid¢r that b¢¢a¥se of lh¢ 1¥8t of iNlividval arter￿$. 4Thd the uniqu¢ ¢oThdii¢on of
4rtef¥L li ￿dIffIcUl4 ty attnbute tdi4ble 10 them. In •mil￿n. Iheeosi woum Commens￿r￿e the
benefji to the Use￿ ol the fin￿￿111 or ￿ the Ckn*iiy. Act￿dI￿tIy. they ate excl￿ fn)m ih2 baLAThce shed BS
permitted by the ChHriiies SORPIFRS 102).
In(hvidual purchased Iner￿$ c05rin8wMKetkn £IJMMlxe inclth wiihin HeriEa8e fjxed a%sets ￿(e. Try 4ren
deprLriatrd 35 ihey are con5Mkred to hast m￿MILe u5e(ul liycs. AD annual T¢Vi¢W isr¥ri¢4 out io cor15id¢r whether
impwmithi has (tomtd dL* io. ftr exAmple. phy%eal OTd*tt*ge.
Page 14

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HISTORICAL DIVING SOCIETY
(A company limited by guarantee)
1811112023
NOTES TO THE FINANCIAL STATEMENTS
t*preCiati￿ iSWDvidut on the fu1b)win8b￿.'
FOR THE YEAR ENDED 31 MARCH 2023
A￿ni]ng wkcics(¢oniinvd)
2.8 Siock
Siock f£*yetsil sale i$v*l￿d knwtr [t￿ls*b￿￿￿e. afwrnaking dueilk)wwK¢ forob501rf¢ slow.
2.9 tkb((X5 and ar¢thtots
Tr&le 8nd (thr crtdibxs ¥e i￿l*je0 * the wdyabie. Accn*d expenses *e at the esrim•t¢d ¢xrKn5¢ th41
Telate5 ￿ the Il[L￿13] yeaw th(￿gh tNJt invoiced befo￿ the c￿1. Ikf¥r￿1 wbm¢. is ￿K1￿1¢d * ihe amouni rtteived
be[¢￿e the year foreventstsknng Pla￿ ID the n￿1 r￿In£la1 year.
2.10 F￿d accO￿li￿1
UnresEricrcd [wKI5c￿ bE ￿Sed In¥c(Xd￿e with theclwitabk ￿J￿]yeS at ihe thscreuon oftheTrys*es.
Re5ty1¢1ed fwds are donat￿n$ the SP￿lfIed ate to be ￿]elY ufed for pmirwlar ar¢as of th¢
Chayily's wC*kOrf￿$pttIr1¢ wieas IKiTr8 by the C￿lty. or incomE on sak of items in the
ily's
Furthtrexplan*i&) ofthe Mluie*J lu￿15 inciudcd in wt¢ 17.
FOR THE YEAR ENDED 31 MARCH 2023
In¢om¢ fmm *)J8r4
R￿￿ted Toial futyjs funds lunds
2023 X)?3 202 3
Don￿10nS 4,767 25.￿￿*29.161 - 107.164 107.164
Simil¥ i￿r￿laSTes0￿rc
1.633
1.633
6,41
132,164
l38.564
rthations 2023 JI￿l￿e £YAI of 5¢f¥ices their thar8ts W teliecL ihe chJrn&ble 5tatU5 ol the
¢orywy. DO￿￿0￿5 2022 r¢pr¢5¢ni tht ass¢ts tsthsftrrcd by the forn￿ UthillEtrWTated chanEy. Tr Historical IhviTh¥
SrKieiy' on 31 M¥Arh 2022. All this mcome W&llthTtS￿ied. Re51wbEtrd8raTrl includes rollw￿¥ friMTh 8Dbrnt
Pa8e 15

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HISTORICAL DIVING SOCIETY
(A company limited by guarantee)
1811112023
NOTES TO THE FINANCIAL STATEMEP+rrs
publjc scthr £SQIXN) Arts CouMI- Museum Est* Furt. £5)￿ Awts coU￿1- cw.tal IThvE5tffleni
Pffjgtathnv. £36.4tr1 Trkni118e Fvtyj". I￿j nAkn)S(wJth Ea# Developn*M PrO8rnm￿.
Unrexri¢ted Tothl funds funds
2022 2022
2H.930
ItDm chanuble
T￿11 Tothl funds funds fuThJs 202.1
2023
9.116
MethE<T5hip 5ub5LmPEKm5
{ht[￿h
￿.0￿
W0￿1n¥ equ￿¢￿*￿1 g¥¢JJp
Conf¢r¢n¥Y
1.250
1.250
EveMS- di%in¥ rttsitd
24.192
24.192
FOR THE YEAR ENDED 31 MARCH 2023
Incorne from other trthg *i¥kt*s
In¢om¢ from ¢¥￿t$
Toial Tothl (wvjs FU￿]$ fund5 2021
2023 2022
Shq) s*]ts. fftusthm
SL*L41 1￿C￿hr5
11.4f
Museum. W5Lde Wf¢W%
910
910
120
lino
12.770
Pa8¢ 10

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HISTORICAL DIVING SOCIETY
(A company limited by guarantee)
1811112023
NOTES TO THE FINANCIAL STATEMENTS
Rethictrd To￿1 TO￿ funds fwd5 fu￿15 2023
2023 Jn2
SaleS￿l*m$ Chan'ty's c(thivJ)
1.249
1.249
EXF*￿i￿e rn%ng fund5
T￿[ Towl fw)ds (wds fuThJs 2023
2023 2￿22
Sbop"m# Of SAi¢s
ConsuhxKy-applying r(Y V¥N5
Evews.divin8Kela*d
4.BB7
4.887
9>)
930
935
935
12.752
11752
FOR THE YEAR ENDED 31 MARCH 2023
Amalysis 0ftl￿ndt￿rt￿
SumrThary by
R¢Mryt¢d f￿J5
2023
)J23
Totsl
2022
Totsl 2023
Conf¢r¢n¢e
lJ35
1235
2.1ry)
2.]￿J
CowT¥*ion
Musewn Impwyen￿I pr4ee¢
Mainienaor¢ and athlii¥)45
7A)18
39215
46.2JJ
1.416
Dcprc(iatia
Work￿e￿Ipl￿1 8Twiexperffts
Museum expenses
899
1.753
1.753
8th50
&650
P38e 17

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HtSTORICAL DIVING SOCIETY
(A company limited by guarantee)
1811112023
NOTES TO THE FINANCIAL STATEMENTS
Publit•liL*)s nkmbtrs
10279
10.279
(hher exJxTr5es EQ chan&i4e
C•Mr•l stwort s¢rn¢ts ¥nd gov￿
573
573
42999
39,710
82.709
FOR THE YEAR ENDED 31 MARCH 2023
Analysis by
TrAal Total thRthly costs fvnds fw¥Js
2021
2021
2022
1238
1.245
CImwJlia￿CY
Conserya￿￿ o[anL.1￿5
2.1
2.IL
Myseum impmvemLml projtii
MainJEnaKeand mi￿ra{dI1￿$
462.IA
462_13
Depwe£ia1i￿I
WoTknTrBryviwI gr￿p
Museurn wcy expcn
formtfftb¢ts
.7$1
1.753
8.650
10279
10.279
Clhttexpenses ￿l￿ed K+chxiiabk¥ffjiYiiie5
CenrAI suppm services 8overn**e
573
573
6.970
1.926
8,896
80.7B3
l.926
82.709
io.
2023
ZO72£ f
Fees payable ￿ the Comwy in¢kpend##ex￿Tru￿ fwth¢ irtdgF¢￿
examLnAboTh of the Comp•nys annual
870
Ftts payable to the ch￿IlY'S eA￿1r*r ￿ res￿1￿..
(Aherserviees nor Lr*kndes I￿Ve
ID56
ihe year. ￿TrUS￿e5 tCLThved *nY(rMner*i￿ (Yotr*[t*￿ritsl￿22. £NIL).
Page 18

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HISTORICAL DIVING SOCIETY
(A company limited by guarantee)
1811112023
NOTES TO THE FINANCIAL STATEmETr￿S
(hLe truAee12022". nfM*}htSt¢enreimbJr¢Ad￿¥tl •￿SubS1￿￿K¢tX￿Sts01£1.j42l2022.. £tr￿￿) re￿11￿ Mihi*ori¢Hldiving
eventseiiknorB*MstyJ *¥J nm.fK*￿wJtd. by thetru*L UK *d
Theffily key aTf the Ivjxcc
FOR THE YEAR ENDED 31 MARCH 2023
12.
fLxed &ssets
Plam mKhinery
T￿[
At l April 2022
Add111tsTr5
4.631
4.631
2.182
2.182
6,813
Al 31 March 2023
4.631
2.182
D¢pr¢¢iatioii
Charg¢ far the ye
4&1
899
8W
436
At 31 March 2023
Net I￿￿k value
Ai 31 M#rh 2023
4.168
1.746
5.914
4.631
4,631
At 31 March 2022
Th¢ch￿lty owNsaw*j¢¢olknionofdiviNg.￿Ia￿x￿fxts. Twfom*ion ￿•Ve￿*theT￿lsttt$' Rep)nun&r"'Heritage *%sets-.
th¢naiwt ¥Ld S￿le Of￿1*se •s¥etshd
infonnntipn on theextclli k> xccs5w rhe1￿ isp¢mill￿.
The Charity did tLoid ￿Ykn￿age uniil 31 Jb22. (h that dat¢. th¢Ch￿IlY (knuied Ihe colieclioTr of artefacts
pre¥i<rttsly heid by the thinWTPLnted ¢h*iiy Tr Histtml Diw s￿￿. SiKe th¢n. f￿rth¢T 4n¢facts hay¢ b¢¢Tr
donajed. In Kcordance with th xcounting pAicy in ￿ 3 *ove. fvdMattd huitage 8ssets ¥e excluded from the balance
Sheet as Frmii*d by theChuitiesSORP{FRS I02kThEtehas llOE been Dfheriw *ssetsin the year.
Ac¢ordinBly. extepi (ortht ￿￿-ev￿Or dtsp05al of h￿rti￿ ts5et5 51KPWn inOUEC 6atM)ve. ￿ is TrDthiTh8 ¢0 t* dlsdosed a$ ￿th¢
5ufflThary of tra￿￿￿O[l5￿]all￿% to h¢riia8¢ finwial Ywa￿L for¢a¢h of tbe ptevirws fowfin*Kial years.
Pa8e 19

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HISTORICAL DIVING SOCIETY
(A company limited by guarantee)
1811112023
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
ij.
s**ks
2023
2022 £
5.rf17
5.716
Bfy)ks
2J)4
1.27J
6.989
2£ t
Due within rm ye¥
T￿J￿ dcl*)rs
2fy18
1788
credi￿." Am(wJ￿s faIlU￿ dthe wMhiACtht ye¥
2023
2.747
Accrnals *ddefeYred
2517
4J71
4,571
T￿ dcferred i￿OMe IM*ome retciyyj *dv**e (￿eVentS nexi frn**i*l year) of £736 IYJ22.. £NilK will bt released h)
irKorne in yvdr.
FOR THE YEAR ENDED 31 MARCH 2023
16.
StaremeThi of funds
SiaitJiieibE of ru￿￿. oJrtnl ye*T
BalaKe ￿ I
Tr¥L5f¢ts Balantt ¥ 31 April 2022
inlLMN Matth 2fj13 £
I￿9￿￿ Exwdiw
UnrestrK*d
Page 20

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HISTORICAL DIVING SOCIETY
(A company limited by guarantee)
1811112023
NOTES TO THE FINANCIAL STATEMENTS
Gtheraj
234.9x1
43b25
155.751)
2.182
224.986
Rc5tti¢ted fmd$
IMCA
251Ql
25Jl
Arts Council. MDseMm Esta*
Deveknprnent fund
Arts Council. C4pM41
Ill.4￿)
38J20
S￿1
36.407
(S.￿
(9.978)
Nari(MJal Lw FUKI
South Ea￿ MD5eu
Deveiopmeni Pmtnmme.
Media eqoppmeni
so￿¢b Eam M￿Se0m5
Dev¢loprr¢ni Proyary.
Pro￿]Ve matui•l
Archilrctuta] Heritage Fund
c￿1￿lOn sllcs
2&429
(2.182)
323
495
12257
1.249
(4951
(12257)
1.249
133.413
{39.710)
182)
91.521
Total of fu
2m.gx
177.038
195.461)
316J07
FOR THE YEAR ENDED 31 MARCH 2023
16.
st&tr￿eT￿l of(Inds{c￿llnUed)
Sta*rnenLof funds. trfior year
Transfers inkni Ba￿Tr￿aL
l Awil 2021
2022 £
Unr¢yri¢t¢d fwds
Cener*l FuTrJs
234.9x1
234.9JO
R¢54ric¢ed (utsjs
IMCA
Ans Council. Est*e *fvJ
rkvelopment fund
Ans Couocil. Cwia)
Pm8Tarnme
Pagc 21

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HISTORICAL DIVING SOCIETY
(A company limited by guarantee)
1811112023
NOTES TO THE FINANCIAL STATEMENTS
Niiiwl I￿Ntry Heriiy F¥￿1
East mus￿MS
Media¢qwpmtni
Sowh &51 Mus¢¥
tkvchpmcnl Progran*nL'.
Pro*ctsYc
Ar¢I￿tr￿U￿1 Heritago Fund
colktLi¢￿ SBles
of f￿￿S
2M.9)0
231.930
Page 22

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HISTORICAL DIVING SOCIETY
(A company limited by guarantee)
1811112023
NOIES TO THE FINANCIAL STATEME1￿rs
FOR THE YEAR ENDED 31 MARCH 2023
16.
Si•*meni offifftJ5(CthiTh￿JI
The •boYe (ufy15 are for the fo]lowing pvrwJst&
IMCA.. DoTrJ*d 10 help lulld th¢ CIL￿ty,5 sh¥¢of the cos of themusajm1rw￿fflUts Frfoject.
Art$ Council - Musewj F3¥*e lknt of the tOA of wlvin¥ ￿ ￿uC wth the internal
environm￿Orth¢ DiviTr8 Musqmn.
Gr￿1 10 fuTrJ part of the r05t5 relatmg x*:
F4its ￿ th¢ fthi¢ ofih¢ in which thy1￿4 MD*urn li kK•*d:.
mcde of the buth11￿8 ￿ thr wl>l*:
ssibility ￿)￿O¥￿¢￿ts toiklxu"Idithg.
w(xk to open yp
N￿1￿1￿1 Lonery HentaEe Fund.. Cmt to of the coa of dryd￿11￿8 p￿$ for impovements ￿ the in*rnal la)owi aNI
displays in. *MI the fuiuredeyekymeniof.the
SDuih Museums DevelopTh￿ Ptogrwnme.
C￿1 wwsiiim of equipn*rti ft¥ Eht thYiTri Mus¢um.
GrAm to tht xquisition oftrfo*tsvt ff•*n•l ftythe in the Th'vN)8 Mustwn.
c01kn￿n sak5'. Prncecds of sale of swp]us Ire￿ in the Ch¥&y's collerti￿ of histo￿1) diwn8 *tefacis. Thr ThK)Thcy tecuvcd
17.
Surnm3ry olfimds
Summary offw)d$.￿Mt ye
T(*￿f#S B*larttat Jl Awil 2022 Iw*rnE
ithl 2023 £
Gener41 funds 234.93043.625155.751)2.182 224.986 Re￿Ie*d fth)d$ 133.413139.710112.182191521
114.930
177.038
(95,461)
316J07
Summary o(funds.
Balan¢¢ ai
31 M3r¢h
2022
Incorne
GenciAI lunds
234.930
234.930
FOR THE YEAR ENDED 31 MARCH 2023
Pase 2.1

Docusign EnvÈlope ID." 519AC39c-3￿￿948-9sgD-F487ES5B9393
THE HISTORICAL DIVING SOCIETY
(A company limited by guarantee)
1811112023
NOTES TO THE HNANCIAL STATEMEf+rrs
18.
Att￿y￿ assets buwcen
AnDIysi5 ofnei &￿￿b￿Wec[I turth.LivrEM yeat
vor¢￿r￿le￿ R¢5trio¢d Totlll lunds [￿￿$ fwnds
2023 2023 2023
TIn￿blE fixal asstts5.914. 5,914Cwteftt wets 22146193JJ6 315J57
Creditorsdut wiihjnone y&qr
13.3891
15.2641
224986
91.521
310.507
Ana]ysis of assets knwtty) fwwjs"
UnrLs¢iiLxed Total fwnds f￿ndS
2022 2022
Tan￿b]e fixcd as￿15 4.0314￿11 Curnmi 2.N.871) Z.143711
e￿Oi10￿d￿ withith olley
14.571
234.930
234.930
Tool
19.
Rel*d ￿Y twsaLxions
The Clwiiy thj imo 4ny4is¢bA4bk tra￿lon5 with rd*¢dp3rti¢5thmn8 the y¢ar12022". nill.
CornmitDxnts
The Clbarily fiNa￿l¥l ¢omThiw*Ats in respeti of pl•tsThedIwove￿ ty the th¥iffj8 MusMw¢.Th¢ maxiffl#m afflouni is
£113.rm120?2.. £nill. Thi5 amowm 15 afterda￿lINg.. *lrt•dy reeth￿d. and * futwe insulrf*Thisof graTris.
Th¢ majority of th¢fin4nri41 wmmith¢n¢ be payable ovettheiwoye*5 ￿ 31 blltch 2025. Tr uusreesexpett nK)sr of
the cxraiiutr be [￿jE￿ by 8th1 futther8rn￿.
Page 24