Mount Batten Centre Charity Trust
Annual Report and Financial Statements
Year Ended 31 December 2023
Charity registration number: 1159633

Mount Batten Centre Charity Trust
Contents
Reference and Adminislralive Detai15
Trustees, Report
2to5
ststemenl of Trustegs. Responsibilities
Independent Examiner's Report
Statement of Financial Activities
8109
Balance Sheet
10
Notes lo the Financi81 Statements
11 10 21

Mount Batten Centre Charity Trust
Reference and Administrative Details
Trustees
Mr Richard Stevens Ichairl
Mr Robert Baggott
Mr Stephen Curnow
Mrs Sue Dann
Mr Tudor Evans
Mr Timothy Geary
Mr Adrian Kemp MBE
Mrs Maria Manning
1159633
Charlty Registration Numbor
Principal Office
70 St Lawrence Road
Mount Batten
Plymslock
PLYMOUTH
Devon
PL9 9SJ
Independent Examlner
Francis Clark LLP
Melville Building East
Unit 18, 23 Royal William Yard
PLYMOUTH
Devon
PL1 3GW
Solicitors
Nash and Co
Beaumont House
Beaumont Park
PLYMOUTH
Devon
PL4 9DB
Bankers
HSBC
Plymouth Commercial Centre
Plymouth Intl Business Park
PLYMOUTH
Devon
PL6 5ZE
Page 1

Mount Batten Centre Charity Trust
Trustees, Report
The Iruslees present the annual report together with the financial sl8temenls of the charity for the year
ended 31 December 2023.
Trustees and officers
The Iruslees and officers serving during the year and since the year end were as follows..
Trustees..
Mr Richard Stevens (Chairl lappoinled 5 March 20241
Mr Robert Baggott
Ms Charlotte Carlyle (resigned 9 August 20231
Mr Stephen Curnow lappoinled 9 August 20231
Mrs Sue Oann (appointed 9 August 20231
Mrs Claire Deacon Iresigned 9 August 20231
Mr Tudor Evans lappoinled 9 August 20231
Mr Timothy Geary
Mr Adrian Kemp MBE
Mrs Maria Manning
Mr Bharal Patel (resigned 9 August 20231
Mr Bill Wakeham (Resigned 9 August 20231
Objectives and activities for thg public bengfit
Our centre commands stunning views out towards Plymouth's historic Barbican area, the Hoe and
across lo Mount Edgcombe. 11 is perfectly situated on the tidal estuary of Plymouth Sound lo make it
an ideal and safe location for thousands of people of all ages that use the centre each year. 11 is
dedicated to providing opportunities for children from deprived areas lo access walersports, fostering
not only physical health and wellbeing. bul also community inlegrab'on and personal development.
1. Improvlng Accesslblllty to Watersports
We aim lo bridge the gap be￿een Plymouth's rich maritime heritage and young people from
deprived areas who may not otherwise have the chance lo engage with walersports aclivilies.
By providing access lo sailing. kayaking, paddleboarding, and other aquatic activities, the centre
promotes inclusion and equal opportunities across of broad spectrum of age group. regardless of their
socio-economic background.
2. Prgmoting Health and Wellbelng
Engaging with walersports has proven physical an¢J mental health benefits. Our programmes are
designed lo encourage active lifestyles and help children develop resilience, confidence, and
teamworking skills. through fun and challenging aetivilies.
3. Fosterlng a Connectlon wlth Nature and the Envlronment
An integral part of our mission is lo help young people develop a sense of environmental
stewardship. By connecting children with Plymouth's walerfronl and the ocean. we aim lo inslil a
lifelong appreciation for natLsre and the importance of environmental COnse￿allon.
Page 2

Mount Batten Centre Charity Trust
Trustees, Report (continued)
4. Supporting Educatlonal Development and Lifelong Skllls
Walersports provide a unique learning environment that enhances key skills such as
communication, problem-solving, and leadership. Our centre offers structured learning opportunities
through partnerships with local schools and youth groups, helping children develop both academically
and socially.
5. Bullding Community Cohesion
By engaging with children from different backgrounds, the centre acts as a plafform for social
inclusion, helping to reduce inequalities and foster a sense of belonging within the commLJnity. We
believe that shared experiences on the water help break down barriers and create positive
relationships that extend beyond the activities themselves.
Impact on the Community
Through these objectives and aclivilies, the Centre contributes lo the overall well-being of the
Plymouth community. particularly children from deprived areas. By minimising financial and social
barriers lo participation, we are enhancing the quality of life for young people and building stronger
community lies.
Publlc beng
The Iruslees confirm that they have complied with the requirements of section 17 of the Charities Act
2011 to have due regard to the public benefit guidance published by the Charity Commission for
England and Wales.
Fundraislng and reasoning
The future of the Centre is sel to be incredibly exciting with the arrival of our new CEO, whose
dynamic vision aligns perfectly with our ongoing mission lo stronglhen Plymouth's connection lo the
sea. With a clear focus on innovation and community engagement, the new leadership will play a
pivotal role in driving the implementation of the ambitious Horizon project, part of the Plymouth Sound
National Marine Cenlre. This transformative initialive will not only enhance our facilities bul will also
deepen the city's maritime heritage, creating new opportunities for residents and visitors alike.
Under the Horizon project, we will see a m8jOf upgrade to our parbcipanl facilities, and public realm,
offering modem and welcoming spaces for both short-lerm visitors and long-lerm educational
programmes. A new ponlcx)n will expand access lo the water. making it easier for more people to
experience walersports and explore the beauty of Plymouth Sound. Additionally, the enhancement of
café facilities will create a vibrant social hub, encouraging more community interaction and attracting
people to the waterfront.
Our new CEO is fully committed to ensuring that these developments reflect the neods of the
community while positioning PlymoLJth as a leader in marine conservation, education, and recreation.
Together, we will create a more connected and sustsinable future for the city.
Pag8 3

Mount Batten Centre Charity Trust
Trustees, Report (continued)
Flnancl81 revlew
The balance held on unrestricted funds at 31 December 2023 was £250,761 12022.. £256,888), of
which £176,656. 12022.. £198,290) is represented by fixed assets and is not therefore readily
available. As slated, il is the aim lo grow these reseryes lo a higher level over the coming years in
order to create a stable platform for the charity moving forward. The balance held on reslricled funds
al 31 December 2023 was £55,43412022.' £72,180) of which £55,43412022: £72,180) is represented
by fixed assets and is not therefore readily available.
Policy on reserves
The overall aim of the Charity is to maintain adequate reserv8S to ensure financial sustainability and
long-term suslainabilily of the Cenlre.
Going fotward the Centre under the direction of the new Chair will review reseNes policy.. which will
be reviewed with elements such as the creation of a sinking fund, as listed within the Horizons Project
partnership agreements.
Structure. governanco and management
Nature of governing document
The trust is a registered charity
number 1159633 and is a charitable incorporated organisalion
consliluled under trust deed dated 15 Decembgr 2014 in England and Wales.
If the CIO is wound up, the members of the CIO have no liability to contribute lo ils assets and no
personal responsibility for settling ils debts and liabilities.
Recruitment and appointment of trustges
The constitution provides for a minimum of 4 and a maximum of 8 trustees, of which three must be
nominated CIO Iruslees from Plymouth City Council, Plymouth University and the affiliate clubs.
Oryanlsatlonal slructure
Overall responsibility for the management of the CIO is vested in the trustees. The names of the
trustees are sel out on page 1.
The day to day management of the Charity is earned out by the Chief Operating Officer.
Page 4

Mount Batten Centre Charity Trust
Trustees, Report (continued)
Relationships with related parties
Mount Batten Park Limited
Controlled by the same directors and trustees.
Mount Batten Park Limited supplies staff to the trust and operates a loan account.
Mount Batten Sailing and Water Sports Centre
Controlled by the same directors and Iruslees.
The building used by the trust is owned by Mount Batten Sailing and Water Sports Centre, the holding
company of Mount Batten Park Limited.
Golng concern
The Centre has established robust business plans and cash flow forecasting which include scenario
rnodelling lo ensure that there are no material uncertainties in connection with the charitls ability to
conlinLJe as a going concern. The Centre is also linked lo the visitor plan for Plymouth and is part Of
the exciting project of the National Marine Park. The appoinlrnent of our new CEO will drive forward a
new business plan and strategy including a focus on commercial opportunities and securing grant
funding. Successful implemenlalion of these points will ensure sufficient funds for the future. In
addition as the Charity is linked lo the wider Group, given the scale of the property within said group
and the lack of Charges against it, thus permitting possible funding streams to be accessed by way of
secured loans, then il is seen that there are no material uncertainties in connection with the charity's
ability to continue as a going concern.
The annual report was approved by the trustees of the charity on
behalf by.
and signed on its
Mr Richard Stevens
Chair and Trustee
Pag8 S

Mount Batten Centre Charity Trust
Statement of Trustees, Responsibilities
The Iruslees are responsible for preparing the trustees, report and the financial statements in
accordance with the United Kingdom Accounting Standards (United Kingdom Generally Aceepled
Accounting Practice) and 8ppIic8ble law and regulations.
The law applicable lo charities requires the Iruslees lo prepare financial slalemenls for each financial
year which give a true and fair view of th& slate of affairs of the charity and of the incoming resources
and application of resources of th& charity for that peri¢)d. In preparing these financial stalemenls, the
Iruslees are required lo..
select suitable accounting policies and ltten apply them consistently,
obseNe the methods and principles in the Charities SORP.,
make judgements and eslimales that are reasonable and prudent..
slate whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial stalemenls., and
prepare the financial statements on the going concem basis unless it is inappropriate to presume
that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy al any lime the financial position of the charity and enable them lo ensure that the financial
statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations
2008, and the provisions of the conslilulion. The trustees are also responsible for safeguarding the
assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud
and other irregularities.
The Iruslees are responsible foi the maintenance and integrity of the corporate and financial
information included on the charitable companrfs website. Legislation governing the preparation and
dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by the Iruslees of the charity on
and signed on its behalf by.
Mr Richard Stevens
Chair and Trustee
Pag8 6

Mount Batten Centre Charity Trust
Independent Examiner's Report to the trustees of Mount Batten Centre
Charity Trust
I report to the trustees on my examination of the accounts of Mount Batten Centre Charity TTUSt for
the year ended 31 December 2023.
Responsibilitios and basis of report
As the charity trustees of Mount Ballen Centre Charity Trust you are responsible for the preparation of
the accounts in accordance with the requirem8nts of the Charities Act 2011 {'the Acl'l.
I report in respect of my examination of the Mount Batten Centre Charity Trusvs accounts carried out
under section 745 of the 2011 Act and in carying out my examination I have followed all the
applicable Directions given by the Charity Commission under section 14515llb} of the Act.
Independent examiner's statement
Since Mount Batten Centre Charity Trust's gross income exceeded £250.000 your examiner musl be
a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified lo undertake the
examination because l am a member of the ICAEW which is one of the listed bodies.
I have completed my examination. I confirm that no material mallers have come lo my attention in
connection with the examination giving me cause lo believe that in any material respect..
1. accounting records were not kept in respect of Mount Batten Centre Charity Trust as required by
section 130 of the Act,. or
2. the accounts do not accord with those records,. or
3. the accounts do not comply with the accounting requirements concerning the form and conlenl of
accounts sel out in the Charities IAccounls and Reports) Regulations 2008 other than any
requirement that the accounts give a 'liu8 and fair view, which is not a matter considered as part
of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order lo enable a proper understanding of the
accounts lo be reached.
James Barrett FCA
Independent examiner
On behalf of Francis Clark LLP
Melvi118 Building East
Urnil 18. 23 Royal Vvilliam Yard
PLYMOUTH
Davon
PL1 3GW
D81e'.
07/10/2024
Page 7

Mount Batten Centre Charity Trust
Statement of Financial Activities
Year Ended 31 December 2023
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Total
2023
Unrestricted
Restricted
Note
Incomg and Endowments from:
Donations and legacies
Grants, including capitsl grants
Provision of walersport and educational
activities
Other trading activities
Investment income
1,877
122,528
1.877
146,926
24,398
254.054
163,204
29
254,054
163,204
29
Total Income
541,692
24,398
5fj6.090
Expenditure on:
Raising funds
Ch8riL9ble activities
17,7031
1540,116
17.7031
581,260
41,144
Totsl Expgndilure
1547,8191
41,144
588,963
Nel movement in funds
16,1271
116,7461
122,8731
Reconclllation of funds
Total funds brought forward
256,888
72,180
329,068
Total funds carried forward
17
250,761
55,434
306,195
The not8s on p8g85 11 to 21 fomi An integral part of these fin8n¢ial 5tat8menls.
P8ge 8

Mount Batten Centre Charity Trust
Statement of Financial Activities
Year Ended 31 December 2023 (continued)
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Total
2022
Unrestricted
Restricted
Note
Donations and legacies
Grants, incuding cailal grants
Provision of walersport and educational
activities
Other trading activities
Investment income
9,470
137,048
52,788
9,250
62,258
146,298
229,263
176,027
34
229,263
176,027
Total Income
551,842
62,038
613,880
Income and Endowments from:
Expenditure on..
Raising funds
CharFlable activilias
{9,076)
544.747
19,0761
593,077
48.330
Total Expenditure
553,823
48,330
602,153
Nel movement in funds
11,981}
13,708
11,727
Rèconciliation of funds
Total funds brought forward
258,869
58,472
317,341
Total funds carried forward
17
256.888
72,180
329,068
All of the charity's activities derive from continuing operations during the above two Pgriods.
The funds breakdown for 2023 and 2022 are shown in note 17.
The notes on page5 1110 21 forrn an integral p8rt of these financial 5t8t8ments.
Page 9

Mount Batten Centre Charity Trust
Balance Sheet
31 December 2023
2023
2022
Notg
Fixed assets
Tangible assets
12
232,090
270,470
Current assets
Stocks
Debtors
Cash at bank and in hand
13
14
769
222.650
46,218
269.637
1,091
450,986
2,121
454.198
Creditors: Amounts falling due wlthln one year
15
195,532
1275,227
Net current assets
74.105
178.971
Total assets less current liabilities
306,195
449.441
Creditors: Amounts falling due after more than one year 16
120.373
Net assets
306.195
329,068
Funds of the charlty..
Restricted income funds
Restricted funds
55,434
72,180
Unrestrlcted Income funds
Unreslrieted funds
250,761
256,888
Total funds
17
306,195
329.068
The financial slalements on pages 8 to 21 were approved by the Iruslees, and aulhorised for issue on
and signed on their behalf by..
Mr Richard Stevens
Chair and Trustee
The notes on pages 11 to 21 form an integral part of these financial statèments.
Page 10

Mount Batten Centre Charity Trust
Notes to the Financial Statements
Year Ended 31 December 2023
1 Accountlng policigs
Statement of compllance
Th8 financial slalements have been prepared in accordance with Accounting and Reporting by
Charities., Statement of Recommended Practice applicable lo charities preparing their accounts in
accordance with the Financial Roporting Standard applicable in the UK and Republic of Ireland IFRS
1021 leffeclive 1 January 20191 Icharilies SORP IFRS 10211. the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 102} and the Charities Act 2011.
Basls of preparatlon
Mount Ballen Centre Charity Trust meets the definition of a public benefit enlily under FRS 102. The
accounts (financial slalementsl hava been prepared under the historical cost convention with items
recognised al cost or transaction value unless olhenNise staled in the relevant notelsl to these
accounts.
Going concern
The Trustees and management do not consider there to be a material uncertainty that casts
significant doubl upon the Charity's ability lo continue as a going concern.
As the Charity is linked to the wider Group, given the scale of the property within said group and Ihg
lack of charges against it, thus permitting possible funding streams lo be accessed by way of secured
loans, then it is seen that there are no material uncertainties in connection with the charills ability lo
eonlinue as a going concern, particularly when the centre and therefore the Charity are linked lo tho
Visitor plan for Plymouth and the exciting prospect of the National Marine Park.
Income and endowments
All income, including income from walersport and operations of the cenlre, is rgcognised once the
charity has enlillemenl lo the income, it is probable that the income will b8 received and the amount of
income receivable can be measured reliably.
Donatlons and legacles
Donations and legacies are recognised on a receivablg basis when receipt is probable and th8
amount can be rgliably measured. In the event that a donation is subject lo conditions that require a
level of performance bofore the charity is enlitlod lo funds. the income is deferred and not recognised
until either those conditions are fully mel, or the fulfilmenl of those conditions is wholly within the
control of the charity and il is probable that those conditions will be fulfilled in the reporting period.
Grants recelvable
Grants are recognised when the charity has an entillemenl lo the funds and any conditions linked lo
the grants have been met. Where performance eonditions are attached lo the grant and are yel lo be
mel, the income is recognised as a liability and included on the balance sheet as deferred income lo
be released.
Pagè11

Mount Batten Centre Charity Trust
Notes to the Financial Statements
Year Ended 31 December 2023 (continued)
Deferred income
Deferred income represents amounts received for future periods and Is released to incoming
resources in the period for which il has been received. Such income is only deferred when..
-The donor specffies that the grant or donslion musl only be used in future accounting periods.. or
-The donor has imposed conditions which must be met before the charity has uncondition81
entitlement., or
Delivery of the service is in a subsequent period.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation lo that expenditure, il is
probable selllement is required and the amount can be measured reliably. All costs are allocated to
the applicable expenditure heading that aggregate similar costs lo that category. Where costs cannot
be directly allribuled lo particular hgadings they have been allocated on a basis consislenl with the
use of resources and depreciation charges allocated on the portion of the asset's use.
Ralslng funds
These are costs incurred in allracling voluntary income, the management of investments and those
incurred in trading activities that raise funds.
Charltable actlvitles
Charitable expenditure comprises those costs incurred by the charity in the delivery of ils aclivities
and services for its beneficiaries. 11 includes both cosls that can be allocated directly to such aclivities
and those costs of an indirect nature necessary lo support them.
Support costs
Support costs include central functions and have been allocated to activity cost Categories on a basis
consislenl with the use of resources, for example, allocating propety costs by floor areas, or per
capita, staff costs by the lime spent and other costs by their usage.
Governance costs
Thgse include the costs attributable to the charills compliance with constitutional and stslulory
requirements. including independent examination, strategic management and trust8es's meetings and
reimbursed expenses.
Taxatlon
The charity is Considered lo pass the tests sel otjt in Paragraph 1 Schedule 6 of the Finance Act 2010
and Ihereforg il meets the definition of a chartlable company for UK corporation tsx purposes.
Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxalion of Chargeable Gains Act 1992, to th8 extent that such income or gains are
applied exclusively lo charitable purposes.
Tanglble flxed assets
Individual fixed assets costing £500.00 or more are initially recorded at cost.
Page 12

Mount Batten Centre Charity Trust
Notes to the Financial Statements
Year Ended 31 December 2023 (continued)
Depreclation and amortisation
Depreciation is provided on tangible fixed assets so as lo writ@ off the cost or valuation, less any
estimated residual value, over their expected useful economic lifo as follows..
Assat ¢lass
Walersports equipment
Computer eqLJipmenl
Furniture and fixtures
Motor vehicles
Depreciation method and rate
1 OO/D slraighl line
25 /0 slraighl line
250/0 slraighl line
25Yo reducing balance
Stock
Stock is valued at the lower of cost and or not realisable value. Donated items of stock are recognised
al fair value which is the amount the charity wou5d have bean willing to pay for the items on the open
market.
Trade debtors
Trade and other doblors are recognised al the settlement amount due after any trade discount
offered. Prepayments are valued at the amount prepaid nel of any trade discounts due.
Trade creditors
Creditors and provisions are recognised where the charity has a present obligation resulting from a
past event that will probably result in the transfer of funds lo a third paty and the amount due lo settle
the obligation can be measured or eslimaled reliably. Creditors and provisions are normally
recognised al their settlement amount after allowing for any trade discounts due.
Fund structure
Unreslricled inwme funds are general funds that are available for use at the Iruslees discretion in
furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the
use of which is restricted to that area or purpose.
Flnanclal Instruments
Classificatlon
The trust only has financial assets and financial liabilities of 8 kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised al transaction value and subsequently
measured at their settlement valu8 with the exception of bank loans which are subseqLJenlly
measured at amortisod cost using the effective interest method. Financial assets and financial
liabilities are recognised when the charity becomes a party to the contractual provisions of the
instrument.
Paga 13

Mount Batten Centre Charity Trust
Notes to the Financial Statements
Year Ended 31 December 2023 (continued)
2 Income from charitable aetlvltles
Unrestrlcted
general
funds
Total
2023
Provision of walersport and educational activities
254,054
254,054
3 Income from trading activltles
Unrestrlcted
general
funds
Total
2023
Total
2022
Fees and supplies
Accommodauon and hire income
21.062
142,142
21,062
142,142
18,928
157,099
163,204
163,204
176,027
4 Expendlture on ralslng funds
al Costs of generatlng donatlons and legacles
Unrestricted
general
funds
Total
2023
Total
2022
Note
Marketing and publiclty
7,703
7,703
9,076
5 Expendlture on charitable actlvltles
Unrestrlcted
general
funds
Restricted
funds
Total
2023
Total
2022
Walersport and educational
activities
Direct staff costs
Premises costs
Depreciation
Bank charges
Governance costs
29,533
289.215
145,106
38,932
32,780
4,550
4,007
20,391
33.540
309,606
145,106
55,678
32,780
4,550
65,560
321,397
119,473
56,857
24,398
5,392
593,077
16,746
54Q,116
41.144
581,260
P8ge 14

Mount Batten Centre Charity Trust
Notes to the Financial Statements
Year Ended 31 December 2023 (continued)
6 Analysis of governan¢g and support costs
Governance costs
Unrestricted
general
funds
Total
2023
Total
2022
Independent examiner fees
Examination of the financial statements
Independent examiner f8os overprovided in
previous years
4,550
4,550
4,292
1.100
4,550
4,550
5,392
7 Net outgoing resources
Nel outgoing resources for the year include..
2023
2022
Depreciation of fixed assets
55.678
56,857
8 Trustees remuneration and expenses
The charity is prohibited by ils constitution from paying any salaries, remuneration or benefits in
money or monies worth lo ils trustees or any dividends, bonus or share of profits lo ils members.
No Iruslees, nor any porsons connected with them, have received any remuneration from the charity
during th& year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the
year.
9 Staff costs
The aggregate payroll costs were as follows..
2023
2022
Staff costs durlng the year were:
Wages and salaries
309.606
321,397
The monthly average number of persons (including senior management I leadership leaml employed
by the charity during the year expressed as full lime equivalents was as follows..
2023
No
14
2022
No
20
Full and part time employees
P8ge 15

Mount Batten Centre Charity Trust
Notes to the Financial Statements
Year Ended 31 December 2023 (continued)
No employee received emoluments of moro than £60,000 during the year
During the year the charity used staff employed by Mount Batten Park Limited to fulfil charity roles.
such costs have been recharged to the charity. The lolal amount recharged during the year was
£138,42512022, £152,959).
The key management personnel of the charity consist of the trustees. There were no employee
benefits paid lo the trustees during the year12022'. £nill.
10 Independent examiner's remuneratlon
2023
2022
Examination of the financial slalemenls
4,550
4.292
11 Taxation
The charity is a registered charity and is therefore exempl from laxalion.
Pagè 16

Mount Batten Centre Charity Trust
Notes to the Financial Statements
Year Ended 31 December 2023 (continued)
12 Tangible fixed assets
Other
Computer tangible fixed
equipment
asset
Fumiture and
equipment
Motor
vehicles
Total
Cost
Al 1 January
2023
Additions
41,953
711
37,698
4,271
27
436,753
16,560
520.675
17,298
Al 31 December
2023
42,664
37,698
4,298
453,313
537.973
Depreciation
Al 1 January
2023
Charge for the
year
32.254
12,566
3,855
201,530
250,205
3.855
6,286
152
45.385
55.678
At 31 December
2023
36,109
18.852
4,007
246,915
305,883
Not book value
Al 31 December
2023
6,555
18.846
291
206,398
232,090
Al 31 December
2022
9.699
25,132
416
235.223
270.470
13 Stock
2023
2022
Stocks
769
1,091
Page 17

Mount Batten Centre Charity Trust
Notes to the Financial Statements
Year Ended 31 December 2023 (continued)
14 Debtors
2023
2022
Trade debtors
Due from group undertakings
Prepayments
Other debtors
170.682
40.417
7,099
4,452
123.052
318.566
4,889
4,479
222.650
450.986
15 Credltors: amounts falling due within one year
2023
2022
Loans
Trade creditors
Other laxalion and social security
Other creditors
Accruals
Deferred income
107,484
8,122
12,760
543
6,590
139,728
2.721
19.196
707
12,412
160,496
195,532
275,227
2023
2022
Deferred income al 1 January 2023
Resources deferred in the period
Arnounls released from previous periods
139,728
160,496
139,728
131,808
139,728
131,808
Deferred income al year end
160,498
139,728
16 Credltors: amounts falllng due after one year
2023
2022
Loan
120.373
The oulslanding loans includèd in the 2022 accounts were fully repaid during the year.
Page 18

Mount Batten Centre Charity Trust
Notes to the Financial Statements
Year Ended 31 December 2023 (continued)
17 Funds
Balance at 31
Docgmber
2023
Balance at 1
January 2023
Incoming
rg$our¢os
Resourcey
expended
Unrestricted funds
General
Unr8slricled ftjnds
256,888
541.692
(547.8191
250.761
Restricted funds
Reslricled funds
72.180
24,398
41.144
55,434
Total funds
329,068
566.090
588.9631
306,195
Restricted funds
During 2023 the charity receiveil a grant for 202312024 of £15,000 from Peter Harrison towards the
Plymouth Safely for Families Programme. During the year £7,500 was expensed and the balance of
£7,500 has been deferred for use in 2024.
The charity received £3.060 from Devon Community Fund in 2023 towards the Thrive with Five
projacl. this was fLtlly expensed during the year.
In 2023 the charity received £8,555 from BBC Children in Need towards staffing costs and aclivty
costs, these were all expensed in the yèar.
The ESC Lottery fund awarded a grant of £5,283 to the charity in 2023 towards the development of
the Water Aclivitios project, this was fully expensed dLJring the year.
In 2022 the charity received £1,500 from the Headley Foundation and £500 from Boshier Hinton
Foundation for the purchase of adaptable inflatable river rafts. The rafts were purchased for £7,022. A
depreciation provision of £702 was made in 2022 and a further provision of £200 has been included in
tho accounts. The balance carried forward of £1,098 is included in fixed assets.
In 2022 the charity received £34,650 from the Youth Investment Fund for the purchase of
transportation vehicles and trailers, with 2 mini-vans and 1 trailer being purchased totalling £34,650. A
depreeialion provision of £8,437 was made in 2022 and a further provision of £8,437 has been
included in the accounts. The balanc8 carried forward of £17,776 is included in fixed assots.
In 2020 the eharity received £4,403 from Sports England for the development of the Toyota Parasport
Fund project lo allow disabled people in and around Plymouth to climb and canoe. Stsff costs of
£3,245 wer8 incurred in 2021 and climbing equipment costing £1.158 was purchased. Depreciation
provisions of £230 were rnade in previous years and a further provision of £115 ha5 been included in
the accounts. The balance carried forward of £813 has been included in fixed assets.
Page 19

Mount Batten Centre Charity Trust
Notes to the Financial Statements
Year Ended 31 December 2023 (continued)
In 2018 the charity received the following amounts towards the purchase of 8 climbing wall - £600
from Pruden￿ Lodge, £20,000 from Peter Harrison and £2,000 from Fox Glove. In 2019 the centre
received additional amounts of £3,215 from the Edward Gosling Foundation and £15,000 from Sport
England. In 2019 £39,104 was spent by the centre on a climbing wall. a further £1.711 was spent on
wall inspections and fittings in 2021. Deprecation provisions of £15.644 had been made in previous
yearfs and a further provision of £3,911 has been inclLJded in this years accounts. The balance carried
forward of £19,549 is included in fixed assets.
In 2018 the centre received a reslricled grant of £26,475 from PIyTnoulh City Council to support
sustaining training in watgrsports and adventurous activity. All of this grant was used to purchase
boats included in fixed assets. Depreciation provisions of £13,240 had been made in previous years
and a further provision of £2,648 has been made in this years accounts. The balance carried forward
of £10,587 is included in fixed assets.
In 2018 a donation of £9,450 was made by the Esmee Fairbairn Foundation for the purchase of a boat
and a hoist. A boat costing £7,336 was purchased in 2018. Deprecation provisions of £3,670 had
been made in previous years accounts and a further provision of £734 has included in this years
accounts. The balance of £2.932 has been included under fixed assets. The hoist was purchased in
2019 costing £2,114 and has been depreciated by £844 in previous years with a further provision of
£211 being included in this years accounts, the balance of £1,059 is also included in fixed assets.
In 2018 the Gibbon Family Trust donated £1,500 towards the cost of a boat. depreciation provisions of
£750 had been made in previous years accoun15 and a further prowsion of £150 has been included in
this years accounts. The balance of £600 is included in fixed assets.
In 2017 the ￿ntre was donated £3.400 towards the purchase of a boat, depreciation provisions of
£1,940 has been provided in previous years and a further provision of £440 has beefi included in this
years accounts. The balance carried forward of £1,020 is included in fixed assets.
Balance at 31
December
2022
Balance at 1
January 2022
Incomlng
resources
Resources
expended
Unrgstrlcted funds
General
Unreslricled funds
258,869
551,842
1553,823}
256,888
Restrlcted
Reslricled funds
58,472
62.038
48,330
72,180
Totsl funds
317,341
613.880
602.153
329.068
Page 20

Mount Batten Centre Charity Trust
Notes to the Financial Statements
Year Ended 31 December 2023 (continued)
18 Analysis of net assets between funds
Total funds
at31
December
2023
Unrestrlcted
funds
General
Restrlcted
funds
Tangible fixed assets
Current assets
Current liabilities
176.656
262,137
188.032
55,434
7,500
7.500
232,090
269,637
195,532
Total nel assets
250,761
55,434
306.195
Total funds
at31
December
2022
Unrestrlcted
funds
General
Restrlcted
funds
Tangible fixed assets
Current assets
Current liabilities
Creditors over 1 year
198,290
454,198
1275,2271
120,373
72.180
270,470
454,198
1275,2271
120.373
Total nel assets
256,888
72.180
329,068
19 Related party transaction5
During the year the charity made the ft)Ilowing related party Iransaclions:
Mount Batten Park Llmlted
(Controlled by the same directors and trustees). During the year Mount Batten Park Limited operated
a loan account with the charity who suppligd stsff costing £138,42512022- £152,959) lo Mount Batten
Park Limited. At the balance sheet dale the amount due from Mount Batten Park Limited was £22.538
12022 - £302,407>.
Mount Batten Sailing and Water Sports Centre
(Controlled by the sam8 directors and Irusle8sI. The building used by the charity is owned by Mount
Batten Sailing and Wal&r Sports Cenlre. the holding company of Mount Batten Park Limited. During
Ihg year Mount Batten Sailing and Water Sports Centre paid expenses of £1,711 12022.. £nill on
behalf of the charity. Al the balance sheet dale the amounl due from Mount Batten Sailing and Water
Sports Centre was £17,87912022 - £16,158>.
Page 21