## ## ## ## |The Charity,
trustees
and|The Charity,
trustees
and|professional|professional|advisers|| |---|---|---|---|---|---| |Trustees'|annual
report||||| |Independent|examiner's
report||||| |Financial|accounts:||||| |—Balance|sheet||||| |Statement
income|of Financial
and expenditure|Activities
account)|(incorporating||an| |—Notes to|the accounts||||| ||GAFIRS|GAFIRS|| |---|---|---|---| ||(Limited
by Guarantee)||| |THE CHARITY,
TRUSTEES AND||PROFESSIONAL
ADVISERS|| ||Year ended
31 December
2020||| |THE CHARITY|||| |Registered
name|GAFIRS||| |Legal status|Private
company
limited|by guarantee|| |Registered
address|Boat House,
Lifeboat
Lane,
Alverstoke,
Hampshire,
F012 2TR||Gosport,| |Company
registration|Registered
in England
and Wales,
number||01876307| |Charity
registration|Registered
in England
and Wales,
number||1159681| |Telephone
numbers|023 9258 4017||| |Website|gafirs. org.uk/||| |E-mail|finance. director8gafirs.|org.uk|| |NON-ELECTED
OFFICER|||| |Patron|Honorary
Commander
Dee|Caffari
RNR
NBE|| |Joint Presidents|The Mayor of Gosport
and the
Mayor of Fareham||| |Vice President|John
Lee||| |CHARITY
TRUSTEES DURING|YEAR||| |Elected Officers|||| |Chair|Joanne
Young
(appointed|13 March
2020)|| |Operations
Director|Michael
Allen
(resigned
Andrew
Barber
(appointed|9 Nay 2020),
26 March
2021)|| |Finance director|Matthew
Knight
{appointed
26 Narch
2021)||| |Personnel
Director|Brian
Pack
{resigned 11|Nay 2020),|| ||Paul
Goulder
(appointed|26 March
2021)|| |Community
Director|Jake Robinson
(resigned
Thomas
Clark
(appointed|12 January
2021),
26 March
2021)|| |Engineering
Director|Calum
Anderton||| |Secretary|Keith
Thomas||| |Other
Trustees|Julian
Rees
(resigned
16 March 2020),||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Note|2020|2019| |---|---|---|---|---|---|---| |FIXED ASSETS||||||| |Tangible
assets|||||410,585|420,716| |CUREUFNT ASSETS||||||| |Debtors
Cash at bank
and in hand
Short
term investments|||||12,469
256,024
384,482|10,012
279,855
373,588| |CREDITORS:
Amounts
within|falling
due
one year||||652,975
(1,500)|663,455
(1,920)| ||NET|CURRENT ASSETS|||651,475|661,535| ||||NET ASSETS||K1,062,060|f.1,082,251| |REPRESENTED BY:||||||| |ACCUMULATED
FUNDS||||||| |Unrestricted
funds:||||||| |General
funds
Designated
funds|||||877,627
184,433|898,166
184,085| |TOTAL
CHARITY|FUNDS||AT 31 MARCH„||E1,062,060|61,082,251| ## ## |||Unrestric-|2020
Restrict-|Total|Unrestric-|2019
Restrict-|2019
Restrict-|Total| |---|---|---|---|---|---|---|---|---| |||ted funds|ed funds|funds|ted funds|ed funds||funds| |||6|6|||||| |Donations
and legacies
Charitable
activities
Other
trading activities||54,226
2,916
45,891||54,226
2,916
45,891|53,229
3,349
53,049|||53,229
3,349
53,049| |Bank interest||1,185||1,185|2,061|||2,061| |Total
income||104,218||104,218|111,688|||ill, 688| |KMKNDITURE
ON:||||||||| |Charitable
activities|10|133,229||133,229|93,563|||93,563| |Raising
f'unds||311||311|2,410|||2,410| |Other||1,763||1,763|2,418|||2,418| |Total eependiture||135,303||135,303|98,391|||98,391| |Net movemant
before gains/
(losses)
on investmnents
And transfers||(31,085)||{31,0&5)|13,297|||13;297| |Net gains/(losses)
on investments||10,894||10,894|31,656|||31,656| |NET MOVEMENT
IN
FUNDS||{20,191)||(20,191)|44,953|||44,953| |RECONCILIATION
OF FUNDS||||||||| |Total funds
brought
Forward|16|1,082,251||1,0&2,251|1,037,298|||1,037,298| |||61,062,060|61,062,060||f.l,082,251|f, —|f.l,082,251|| ## ## ## ## ## ## ## ## |NOTE 4 —TANGIBLE
PIXE|D ASSETS|||||| |---|---|---|---|---|---|---| |Year ended 31 December|2020|||||| |||Buildings,
fixtures|4|Lifeboats||| |||~ftttta
a||||| |Cost, or valuation||||||| |Balance at 1 January
2020
Additions
in the year||332,599||437,035
20,718|27 727|| |Balance at 31 December|2020|332,599||457,753|27.727|| |Depreciation
and impairmants
Balance at
1 January
2020
Charge
for year||223,535
15,618||177,537
27,590|24,242
349|| |Balance at 31 December|2020|239,153||205,127|24,591|| |Net book value||||||| |At 31 December
2020||693,446||6252,626|f. 3,136|| |||Vehicles||Lifeguard
canoes
k
e~iaent|Tools
office
~client|Total| |Cost or valuation||||||| |Balance at 1 January
2020
Additions
in the year||55,804||14,499
19,154|13,126|880,790
39,872| |Balance at 31 December|2020|55,804||33,653|13,126|920,662| |Depreciation
and impairments
Balance at 1 January
2020
Charge
for year||20,362
3,544||8,204
2,209|6,194
693|460,074
50,003| |Balance at 31 December|2020|23,906||10,413|6,887|510,077| |Net book value||||||| |At 31 December
2020||631,89&||623,240|K6,239|6410,585| ## ||||Buildings,
fixtures|Lifeboats||| |---|---|---|---|---|---|---| ||||~iittin
s|||| |Cost or valuation||||||| |Balance at 1 January|2019||332,599|435,891|27.727|| |Additions
in the year||||1,144||| |Balance at 31 December||2019|332,599|437,035|27.727|| |Depreciation
and impairments||||||| |Balance at 1 January
Charge
for year|2019||207,917
15,618|148,704
28,833|23,855
387|| |Balance at 31 December||2019|223,535|177,537|24,242|| |Net hook value||||||| |At 31 December
2019|||6109,064|%259,498|6 3,485|| |||||Lifeguard
canoes
&|Tools
4
office|| ||||Vehicles|eminent|ecLu~ient|Total| |Cost or valuation||||||| |Balance at 1 January
Additions
in the year|2019||55,804|12,364
2,135|12,686
440|877,071
3,719| |Balance at 31 December||2019|55,804|14,499|13,126|880,790| |Depreciation
and impairments||||||| |Balance at
1 January
Charge
for year|2019||16,424
3,938|7,504
700|5,424
770|409,828
50,246| |Balance at 31 December||2019|20,362|8,204|6,194|460,074| |Net. hook malue||||||| |At 31 December
2019|||f.35,442|f.6,295|f.6,932|6420„716| |MOTE 5 —DEBTORS||||||| ||||||2020|2019| |Gift aid recoverable
VAT refundable
Fuel
duty
recoverable|||||2,134
5,800
781|1,689
3,975
780| |Prepayments|||||3,754|3,568| ||||||f12,469|f.10,012| |2020|2019| |---|---| |K1,500|f,1,920| |NOTE 7 —DONATIONS|AND|LEGACIES||||||| |---|---|---|---|---|---|---|---|---| |||Unrestric-|2020
Restric-|Total|Unrestric-|2019
Restric-||Total| |||ted funds|ted funds|funds|ted funds|ted|funds|funds| |||||f.|||f|| |Donations
Legacies||34,026||34,026|33,902
12.317|||33,902
12.317| |Grants||20,200||20,200|7,010|||7,010| |||654,226||f54,226|%53,229|||653,229| ## |||Unrestric-
ted funds|2020
Restric-
ted funds|Total
funds|Unrestric-
ted
funds|2019
Restric-
ted funds|Total
funds| |---|---|---|---|---|---|---|---| |Membership
Swimming
Sales|pool|2,523
393||2,523
393|2,110
639
600||2,110
639
600| |||f.2,916||f.2,916|a3,349||63,349| ||Unrestric-
ted funds|2020
Restric-
ted funds|Total
funds|Unrestric-
ted
funds|2019
Restric-
ted funds|Total
funds| |---|---|---|---|---|---|---| |Fundraising||||54||54| |Lottery|45,891||45,891|52,995||52,995| ||f45,891|6 —|f45,891|f.53,049||f,53,049| |NOTE 10 —EXPENDITURE
ON|CHARITABLE ACTIVITIES|CHARITABLE ACTIVITIES|CHARITABLE ACTIVITIES||||| |---|---|---|---|---|---|---|---| |||Unrestrxc-|2020
Tota
Restric-||Unrestric-|2019
Restric-|Total| |||ted funds|fmds
ted funds||ted funds|ted
funds|funds| |Swimming
pool hire
Nedical
equipment
Equipment
repair
and
maintenance
and
running
Vehicle
repair
and
maintenance
Vehicle
fuel
Building
repairs
Building
rent.
and utilities
Insurance
Computer
consumables
and software
Nebsite
Printing,
postage
and
stationery
Telephone
and internet
Other
equipment
expensed
Uniform
Training
Depreciation
Subscriptions||324
1,936
44,&57
9,856
4,312
9,863
1,059
4,377
498
301
746
1,078
2,599
1,303
50,003
117||324
1,936
44,857
9,856
4,312
9,863
1,059
4,377
49&
301
746
1,078
2,599
1„303
50,003
117|906
2,820
16,581
2,360
1,698
3,977
1,795
5,079
148
476
1,126
1,288
80
3,903
1,080
50,246||906
2,820
16,581
2,360
1,698
3,977
1,795
5,079
148
476
1,126
1,288
80
3,903
1,080
50,246| |||E133,229||6133,229|693,563||K93,563| |NOTE 11 —OTHER EXPENDITURE|||||||| ||Unrestric-
ted funds
2020
Restric-
ted funds|||Total
funds|Unrestric-
ted funds|2019
Restric-
ted funds|Total
funds| |Bank charges
Independent
examiner's
fee
Niscellaneous||228
1,500
35||228
1,500
35|326
1,920
172||326
1,920
172| |||41,763||K1,763|%2,418||f.2,418| ## ## ## ## ## |NOTE 1||—ANALYSIS
OF|NET ASSETS||BETWEEN FUNDS|BETWEEN FUNDS|BETWEEN FUNDS||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||2020||||||||2019||| ||||||Net|||||||Net|||| ||||Fixed||current|||Net|||Fixed|current|||Net| ||||assets||assets|||assets|||assets|assets|||assets| ||||a||||||||f,||||| |Unrestricted|||||||||||||||| |General|fund||410,585||467,042|||877,|627|420,716||477,450|||898,166| |Designated||funds:|||||||||||||| |—General||improvements|||184,433|||184,433||||184,085|||184,085| ||||f410,585||f.651,475||f1,062,||060|f.420,716||f661,535||K.l,|082,251| |NOTE 16 —ACCUMULATED|||FUNDS||||||||||||| |Movement||in Year ended 31 December|||2020||||||||||| ||||Balances||||||||Gains||Ba1ances||| ||||brought
forward|Incoming
resources
f.|||Resources
e)ended
f.||transfers||and
losses
a||carried
forwsrd
a||| |Unrestricted|||||||||||||||| |General|fund||89&f166|103,870|||(135,303)||||10,894||877,627||| |Desi nated||funds:|||||||||||||| |General|improvements||184,085||34&||||||||1&4,433||| ||||61,082,251|6104,218 f,|||(135,303)||6|—|f10,894|f1,062,060|||| |Movement||in Year ended|31 December||2019||||||||||| ||||Balances||||||||Gains|Balances|||| ||||brought|Incoming|||Resources||||and||carried||| ||||forward|reeoorces|||~er ended||Transfers||losses||forward||| ||||f.||f.||||||||||| |Unrestricted|||||||||||||||| |General|fund||873,569|111,332|||{98,391)||(20,|000)|31,656|898,166|||| |Desi nated||funds:|||||||||||||| |General|improvements||163,729||356||||20,|000||184,085|||| ||||f.1,037,298|fill, 688||K(98,391)|||f|—|f.31,656|Kl, 082,251||||