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2020-10-31-accounts

		Page
Reference	and Administrative Details
Report ofthe Trustees		2to4
Independent	Examiner's Report
Statement	of Financial Activities
Statement	of Financial Position
Statement	ofCash Flow
Notes to the Financial Statements		Sto 14
Detailed Statement ofFinancial Activities		15

				2020		2019
				Unrestricted	Total	funds
				fund
		Notes
INCOME AND ENDOWMENTS		FROM
Donations and legacies				50,000	750,000
Charitable activities				78 833
Total				128,833	750,000
EXPENDITURE ON
Charitable activities
Maritime history and heritage				132227	735680
NET INCOME/(EXPENDITURE)				(3,394)		14,320
RECONCIUATION OF FUNDS
Total funds brought forward				64,452		50,132
TOTAL FUNDS CARRIED	FORWARD			61 058		64 452
CONTINUING OPERATIONS
All income and expenditure	has	arisen from continuing	activities

			Company number. 09250669	Company number. 09250669
			2020	2019
			Unrestricted	Unrestricted
			fund	fund
		Notes	E
CURRENT ASSETS
Cash at	bank		62,318	65,592
CREDITORS
Amounts	falling due within one year		(1,260)	(1,140)
NET CURRENT ASSETS/(LIABIUTIES)			~61 058	~64 452
TOTAL	ASSETSLESSCURRENT UABIUTIES		61,058	64,452
NET ASSETSI(LIABILITIES)			~61 058	~64 452
FUNDS		10
Unrestricted funds			~61 058	~64 452
TOTAL	FUNDS		~61 058	~64 452

						2020	2020	2019
					Notes	K
Cash flows from operating		activities:
Cash generated	from operations				12	~3274)		14,380
Net cash provided by (used in) operating activities						~3224		~14380
Change in cash	and cash	equivalents	in the
reporting period						(3,274)		14,380
Cash and cash	equivalents	at the beginning		of
the reporting period						~65	592	51 212
Cash and cash	equivalents	at the end	ofthe
reporting period						~62	318	65 592
ANALYSIS OF CHANGES		IN NET FUNDS
						At 1/11/19	Cash flow	At 31/10/20
Net cash
Cash at bank						65,592	(3,274)	62,318
Total						~65592	~3274)	~62 318

8.	COMPARATIVES F	OR TH	E ST	ATEMENT OF FINANCIAL ACTIVITIES (2	019)
						Unrestricted
						fundf
	INCOME AND ENDOWMENTS			FROM
	Donations and legacies					750,000
	Total					750,000
	EXPENDITURE ON
	Charitable activities
	Maritime history and	heritage				735666
	Total					735,680
	NET INCOME					14,320
	RECONCIUATION	OF FUNDS
	Total funds brought forward					50,132
	TOTAL FUNDS CARRIED		FORWARD			64452
9.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
					2020	2019
					R	E
	Other creditors				~1260	1 140

							Net
							movement in
						At 1/11/19	funds	At 31/10/20
							R
Unrestricted		funds
General	fund					64,452	(3,394)	61,058
TOTAL	FUNDS					~64 452	~3364	~61	058
Net movement		in funds, included			in the above	are as follows:
						Incoming	Resources	Movement	in
						resources	expended	funds
						6		R
Unrestricted		funds
General	fund					128,833	(132,227)	(3,394)
TOTAL	FUNDS					128033	132227	3	394
Comparatives		for movement		in	funds
							Net
							movement in
						At 1/11/18	funds	At 31/10/19
Unrestricted		Funds
General	fund					50,132	14,320	64,452
TOTALFUNDS						~50 132	~14 320	~64	452
Comparative		net movement	in	funds, included		in the above are as follows:
						Incoming	Resources	Movement	in
						resources R	expended f	funds R
Unrestricted		funds
General	fund					750,000	(735,680)	14,320
TOTAL	FUNDS					750 000	~735 680	14320

12.	RECONCIUATION	RECONCIUATION	OF NET	INCOME TO	NET CASH FLOW	FROM OPERATING	ACTIVITIES
							2020	2019
	Net income	for the	reporting	period (as	per the statement	offinancial
	activities)						(3,394)	14,320
	Adjustments	for:
	increase in	creditors					120	60
	Net cash provided		by (used	in) operating	activities		3274	14380