Charity registration number 1159975 NATIONAL COASTWATCH INSTITUTION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
NATIONAL COASTWATCH INSTITUTION LEGAL AND ADMINISTRATIVE INFORMATION Thè Trustèès Mr G Gordon Sir A Massey Mr P Styles Dr. CAps Mr S Hand Mr D Crozier Mr J Rolhwo11 Mr T Colquhoun Mr I Whalley Mrc Pouncey Charity number 1159975 Principal address 17 Dean Street Liskeard Cornwall PL14 4AB Independent examiner Rouse Partners LLP 55 Station Road Beaconsfield Buckinghamshire HP9 1QL
NATIONAL COASTWATCH INSTITUTION CONTENTS Page Trustees. report 1-27 Independent examiner's report 28 Stslemenl of financial a¢livilies 29 Balance sheet 30 Slalemenl of cash flows 31 Notes to the financial statements 32-40
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023 The trustees present their report with the financial statements of the charity for the year ended 30 September 2023. The trustees have adopted the provisions of Accounting and Reporting bv Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Ireland IFRS 1021 leffective l January 20191. REFERENCE AND ADMINISTRATIVE DETAILS Registered charity name National Coastwatch Institution Constituted as Charitable Incorporated Organisation Governed by NCI Constitution 16, January 2015 Iupdated October 20201 Charity registration number 1159975 Principal office 17 Dean Street, Liskeard, PL14 4AB The Trustees The Trustees who served the charity during the period were as follows.. Dr. C Aps Mr. T Colquhoun Mr. D Crozier Mr. G Gordon Ex-officio Trustee Mr. Stephen Hand Mrs. L Lawrence Sir Alan Massey Mr. C Pouncey Mrs. G. Rendle Mr. J Rothwell Mrs. Helen Simpson (Resigned as a Trustee 4th April 20231 (National Treasurer) (Re-elerted as a Trustee 4th April 20231 Ico-opted as a Trustee 4th June 20231 (Co-opted as a Trustee on 4th April 20231 (Resigned as a Trustee 8 lune 20231 (Elected as a Trustee 4th April 20231 (Resigned as a Trustee 4th April 20231 (Elected as Trustee 4th April 2023, Resigned as a Trustee 12, October 2023, Co-opted as a Trustee 26, January 20241 Mr. P Styles Mr. I Whalley (Resigned as a Trustee 4th April 20231 Independent Examiner Rouse Partners LLP, 55 Station Road, Beaconsfield, Buckinghamshire, HP9 IQL
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 EXECUTIVE SUMMARY Oct 2022- Sep 2023 On behalf of the Board of Trustees, l am pleased to report a year of considerable progress against the goals and objectives set in our 5 Year Business Plan in 2022. Another year of growth in our search and rescue operation across the UK saw NCI watchkeepers involved in 845 incidents, of which 399 were initiated by NCI and 346 resulted in RNLI rescues. Local Coastal and Water Safety Officers and teams have been set up in many of our stations. Over thirty stations now have volunteers trained to engage directly with the public to provide safety information and material and have been active in targeting key activity groups using the coastline through the summer period. Collaboration with our partners in water safety, especially the RNLI and the RLSS have been strengthened by our recent membership of the NWSF. Links with His Majesty's Coastguard both nationally and locally remain strong and we look forward to further strengthening these through 2023 and into 2024. The unique joint venture with His Majesty's Coastguard to open an NCI station 3t Bembridge Ilow), sharing the facilities of the Coastguard Rescue Team at that location, was assessed as successful. It is hoped that this trial will lead to further locations being utilised in this way in future. At the end of the year, we had sixty oper3tion31 stations. The work of the Station Development team has continued apace, and they have overseen the opening of the new Stations in addition to aSSlSting with obtaining new equipment and refurbishments. Our Royal Patron, Her Royal Highness The Princess Royal, has once again provided highly valued support, visiting NCI stations at St Donat's Bay, Felixstowe, Gosport, and Folkestone where she met many watchkeepers and supporters. Her Royal Highness also agreed to visit six more stations in late 2023 and into 2024 and we are extremely grateful for the close interest she takes in our work and the time that she continues to give to NCI. Our finances at station level have remained healthy thanks to the significant fundraising efforts in local communities by our volunteers and supporters. It will be important, going forward, that these efforts are Supported by a national fundraising strategy. The National Treasurer launched an initiative to improve our financial reporting and increase the visibility of charity finances to the Board of Trustees. The NCI Annual General Meeting took place in April 2023 in London where following the formal business the members discussed aspects of implementing the business plan and in particular the need to restructure the charity's financial reporting.
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 NCI OBJECTIVE AND ACTIVITIES Objective The Charity objective is to assist in the protection and preservation of life at sea and around the UK coastline. Vision Our vision is to.. increase coverage around the coast in areas of highest need. continuously expand NCI'S capability to help save lives and be recognised for this. Strengthen 04Jr reputation as a 'professional' organisation. Activities The volunteers of the National Coastwatch Institution INCI) help to keep people safe and save lives by providing a visual, listening and radar watch around the coast. We aim to keep watch in daylight hours, every day of the year to.. 'spot' accidents, incidents and vulnerable people or vessels 'plot' the location 'reporV the details to HMCG or other emergency services 'respond' with further assistance as required by HMCG NCI is a declared asset of HM Coastguard and part of the UK National Search and Rescue organisation, providing support to the frontline services. We help coastal users to be safe and stay safe, providing information about local conditions and facilities - in person, by the radio or bv telephone. Public Benefit In managing the activities of the Charity, the Trustees confirm that they have complied with their duty to have due regard to the Charity Commission's public benefit gLJidance when exercising anv powers or duties to which the guidance is relevant. In addition to our primary objective "to protect and preserve life at sea and around the UK coastline,, NCI continues to benefit the wider community in several ways.. NCI has an ongoing role in ass1Sting HM Coastguard and other agencies. including the Police and Local Authorities, by alerting them to visible suspicious activity along the coastline. We regularly conduct visual searches for overdue craft and missing persons, as well as highlighting environmental incidents. By helping to improve safety around the coast, NCI encourages increased use of inshore coastal facilities and community participation. Local businesses and councils see us as a major contributor to safety, providing benefit where they offer leisure facilities and venues.
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 NCI PEOPLE NCI is a voluntary organisation set up in 1994 to restore a visual safety watch around the UK coastline. Each station operates as an operational hub of NCI, with a degree of autonomy but conforming to national standards and ethos. In 2023 our 60 operational stations around the coast have achieved Declared Facility Status IDFSI as part of the UK Search and Rescue ISARI organisation, agreed by the Maritime and Coastguard Agenry IMCAI. The stations are staffed by some 2700 volunteers who contribute thousands of hours of watchkeeping, our watchkeepers come from many different walks of life and bring with them a wide range of experience. All volunteers provide their time as watchkeepers or supporters, buy their own uniforms, travel at their own expense to and from the Stations, and fund raise and train new recruits. By their very nature, our stations are situated in places exposed to the most severe weather conditions and it is a credit to all our watchkeepers that NCI 'eyes along the coast, were maintained for the vast majority of 2021-22 and 2022-23. The loyalty, commitment and dependability of our volunteers are unparalleled. Our watchkeepers are all volunteers, recruited from many walks of life, with an interest in protecting and preserving life at sea and around the coast. A significant number are retired, some work full or part time, others are unemployed. A proportion of our members have a maritime background, but many do not. When volunteers join us, we provide all the training required to ensure watchkeepers are both competent and confident. NCI also provides a sense of purpose and fotus for watchkeepers by promoting teamwork and community spirit.
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 ACHIEVEMENTS AND PERFORMANCE Search and Rescue Support The following reports illustrate some of the incidents and activities we have been involved in during the past year, collaborating with our partners in the Search and Rescue organisation. Cape Cornwall Three young people found themselves in difficulty on the shoreline and after climbing further up the rocks of the Cove they became cut off. HM Coastguard at Falmouth orchestrated a multi-agency response involving both the Sennen Cove RNLI All Weather Lifeboat and Inshore Lifeboats along with Land5 End and Penzance Rescue Teams and the Coastguard Search and Rescue Helicopter. An extraction involving the RNLI crews and Coastguard Rescue Teams was deemed to be impossible, so the Coastguard Helicopter had to winch the three young persons to safety. Throughout the incident, the NCI Cape Cornwall volunteer watchkeeper provided real-time information and over-watch facilities to the rescue services. Prawle Point The volunteer watchkeepers from the National Coastwatch Institution station at Prawle Point overheard a Pan Pan radio message from a yacht, requiring assistance due to engine failure. and sailing with jib only. The watchkeepers quickly located the vessel and contacted HM Coastguard at Falmouth to advise them of the yachts position. They also advised Falmouth Coastguard of other vessels in the vicinity that might be able to offer assistance. A spokesperson for NCI Prawle Point said 'We maintained watch on the casualty and contacted Falmouth a little later to advise that they had managed to hoist their mainsail and make slow progress into Salcombe. We were stood down, and able to close the evening watch" Solent
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 The Round the Island yacht race is a prestigious one-day race around the Isle of Wight. This is one of the largest one-day yacht races in the world, attracting over 1,000 boats and competition was fierce for this challenging 50 nautical mile course. The volunteer watchkeepers at the National Coastwatch Institution stations at Bembridge, Needles, Gosport, Calshot Tower, Stone Point and Lee-on-the-solent provided the organisers of the Round The Island race with extra safety support and looked out for the safety of the competitors. All the competitors were advised to call NCI on VHF Channel 65 for radio checks and the event support boats were also to call on Ch 65 if required. The NCI stations also provided regular local weather and sea state updates to the event race team. Our stations around the coasts are always watching out for your safety every day of the year, keeping an eye on those on land and at sea. NCI Fleetwood 23rd June 2023. The involvement by the National Coastwatch Institution volunteer watchkeepers at NCI Fleetwood has been acknowledged by the Commander at HM Coastguard Holyhead '1 am writing to express my thanks to Fleetwood NCI for their vigilance in highlighting the family of four who were in danger of being cut off near Rossall Point ... Everyone at Holyhead MRCC is grateful for the work that your volunteers do and for providing us with critical real time information" . MRCC Commander Holyhead.
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 NCI Porthcawl One morning the volunteers at NCI Porthcawl were involved with an incident at Sandy Bay which included some good inter-agency cooperation from the Search and Rescue organisations. A Cockapoo called Winni had fallen from the Eastern Prom onto the rocks below. Luckily, the RNLI Lifeboat was preparing to launch on exercise and were there quickly. At one point there were around thirty rescue people on the scene including 3 Fire Tenders, 2 Coastguard vehicles and the RNLI Lifeboat. The volunteer watchkeepers from the National Coastwatch Institution at Porthcawl were monitoring the situation from their camera at Rhych Point. Winni was eventually rescued after a visit to the vet the dog was given a clean bill of health. Well done to all the organisations were involved, once again another example of how the various blue light organisations can work together for a successful outcome. NCI Stone Point and Calshot Tower The National Coastwatch Institution station at Stone Point observed a yacht with its anchor down but drifting northeast in near gale force conditions. The yacht was going out of direct sight from the Stone Point station, so having called HM Coastguard and Ljpdated the yacht's position, NCI Calshot Tower were asked to take over tracking the casualty. HM Coastguard tasked Gosport lifeboat who, having been guided to the yacht by the NCI Calshot Tower volunteer watchkeepers, put a crew member on board the yacht and towed it to Safety in the Hamble River.
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 STRATEGY AND BUSINESS PLAN In 2022 the Trustees launched a new strategic plan for NCI'S future which outlined six high level forward strategies to: Strengthen our management organisation and processes Expand our coverage around the coast in areas of greatest need Collaborate more closely with partners in the Search and Rescue community Raise our profile and win hearts and minds of the public nationally and locallv Establish NCI'S role in water safety widely sharing safety information Establish a cohesive fundraising programme for NCI Progress on these themes during 2023 has been good and is outlined below. l. Strengthening our Management Process The relatively new structure operated by the Management Executive IMEI has developed well and has successfully managed all aspects of NCI day to day operations. The support structure for stations, comprising Sector Managers, Heads of Department, and the ME itself has been able to deal with every element of support and development in a timely manner. The ME has also advised the BOT on matters requiring policy decisions and financial approval. The Sector Management aspect of operations has been consistently busy with support and advice for stations being provided on a daily basis. Stations, use of, and trust in, the sector system is developing well. Distribution of national information has been well-executed by the Sector Managers. Within the ME, HR and Admin has been particularly busy with all types of personnel and administrative needs successfully addressed despite a consistently heavy workload. Initial and continuation training has been successfully supported with the National Training Manager being kept busy ensuring national standards of training are adhered to while embracing local needs as well. The National Training Manager is, in turn, supported by the Head of Operations and the knowledge and experience encompassed within the ME. The DFS team, although under separate leadership, is part of operations and successfully completed its task of annual DFS reviews as well as supporting new stations. Stations, fundraising strategy has benefited from the work of the ME and the Head of Stations Fundraising (Strategy) working on inventive way5 of fundraising at Stations. New approaches have been trialled and work continues on investigating new avenues of fundraising. The workload of the Head of Stations Technology IHOSTI has been increasing and is much valued at all levels. The HOST has been able to research suitable technology for stations as well as negotiating discounted rates for some items. Stations are slowly realising that the HOST can prevent them re- inventing the wheel and provide a financial advantage as well.
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 2. Collaboration with SAR Partners {DCI Liaison with HMCG and the UKBF has continued, with HMCG re-asserting their appreciation of our work as a declared asset. The UKBF are engaging in conversations about our potentially increased role in their work for the future. Priorities for the ME for the near future include improving internal communications, finding inventive ways of raising public awareness, promoting internally the One Charity.. One Crew ethos, ensuring Coastal and Water Safety ICWSI is rolled out in a careful and well-trained manner and ensuring the national NCI management structure remains fit for purpose and future proof. 3. Expanded Coverage- Station Development ICA) Chris Aps continued to chair the Station Development Team ISDTI which saw some changes to its membership throughout this year. Mark Tidy replaced Linda Lister as Treasury Liaison. a role which proved extremely advantageous to station development within the Charity. Mike Johnson, who had been very active as Project Lead for station development in Yorkshire, stepped down to be replaced by Rob Druce, East Coast Sector Manager. Finally, the SDT was devastated at the sudden passing of Julian Milsom in March 2023. He was Sector Manager of East Anglia and made valuable contributions to the SDT and will be sadly missed. STATION DEVELOPMENT TEAM Mark Rob Druce Lind Lawrence Snor Style5 Whalley lan Whalley was congratulated on his being awarded an MBE in the New Year Honours List. Although he stepped down as Trustee and Deputy Chair at the AGM in 2023, he remained a member of the SDT and continued to bid successfully for grants to support new station projects. The SDT oversaw a number of initiatives throughout England and Wales and the table Ibelowl sets out these ongoing projects, all at various stages, during this year.
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 Many of these, such as Brancaster, Filey, Anglesey and Llandudno involved replacing a temporarv NCI trailer with a permanent demountable unit, but none of these was due to be completed in 2022 23. SDT Leads for these projects were Linda Lawrence, Rob Druce, and Phil Styles. The latter, as our CCTV Lead, oversaw a number of station projects around the coastline with a view to expanding to twenty stations fitted with forty-four Coastal water safety cameras. An operatorfs guide for Cctv was also being developed, along with an update to the existing guide to setting up cameras to assist those stations that are thinking of using CCTV for the first time. He also explored establishing a nation-wide website for CCTV to give greater access by our SAR partners. As alluded to in the previous Annual Report, NCI Bembridge was officially confirmed by the MCA to become operational on October 1" 2022, and remains the first and only NCI station within an active HM Coastguard CRT facility. Despite prolonged and concerted efforts to identify a more suitable location for the temporary NCI trailer at Caister, Norfolk land thus a permanent site for a demountable unit), together with adverse funding, council planning and local manning issues, the SDT advised that, unfortunately. the project would have to be abandoned. The crew agreed and voted to close the station in September 2023. The SDT formally became an integral part of the new SigEx process, with its members able to advise and assist station teams as well as signing off bids sent to the Board of Trustees for approval. Richard Saynor as Head of Stations Technology, and SDT, member was ideally placed to advise on significant equipment acquisition whi15t continuing to manage the maintenance and refurbishment of the NCI trailer fleet. In November 2022, NCI received a substantial end-of-life donation towards the Browndown project, which is the conversion of a derelict MOD observation tower at Stokes Bay, Hampshire. When completed, this will be the final piece of the jigsaw for total NCI coverage of the Solent. 10-
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 Station Development- Ongoing Projects October 2022 to September 2023 Anglesey Brancaster Replace trailer, relocate frorn Point Lynas to Moelfre Replace trailer with demountable unit Plan5 to replace/relocate trailer failed. Station closed. Replace trailer with demountable unit Station collapsed. Relocation plans toTh3net. Replacement of lookout and CCTV Creation of new stations at Minehead and Burnham Cai5ter Filev Herne Bay Lyme Bay Sorner5et Coast Steamer Point Creation of satellite or CCTV in Christchurch Bay Rebuild of MOD observation tower Stoke$ Bay 10. Torbay 11. Whitstable. Major trenching to provide on -grid power Relocation to new site. new demountable unit. 4. Coastal and Water Safety ILSI The purpose of NCI CWS is to offer safety information to the public, providing key safety messages and local information to help them take safe decisions and actions so 'stay safe along the coast,. Proactive engagement with the public is at the heart of this. Early discussions with HMCG and RNLI were most helpful in setting the tone for our engagement. From the start we adopted a friendly, helpful approach, providing safety information to help coastal/water users to make their own safe and sensible decisions. We avoid giving instructions, advice or taking actions outside NCI'S bailiwick, and do not engage in confrontation. In 2023 NCI volunteers have been out and about over the busy summer period offering coastal safety information to the public as part of the tharity's new proactive approach to safety. Some 30 NCI stations participated in CWS activity between April and October helping people to 'Stay Safe Along the Coast,. The chariws volunteer watchkeepers have always been a source of reliable information on local conditions and hazards- but this year we provided additional training to many of our members enabling them to offer face to face friendly and practical safety information to coastal users at outreach locations away from the lookout. Our teams attended a variety of venues and events including beach access points and car parks, beach huts and gazebos on the promenade, sea safety days and community fun days. On manv occasions we worked closely with RNLI and other local safety groups.
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 All stations reported very positive reactions to NCI'S CWS activity and much interest in the safety messages. The public were also interested in NCI in more widely and there was clearly added PR value to being 'out and abouy. Our friendly, non-confrontational approach providing information to help people make their own safe decisions worked well. Engaging with the publit 'breaking the ice, to start conversations was sometimes challenging but a friendly greetinE and thatty introduction worked well. Offering eye- catching safety information cards or leaflets and small 'giveaways' for children was particularly helpful. The NCI safety messages were developed in consultation with, and are aligned to those of, HMCG and RNLI. This led to changes in mid-summer to the national 'Float to Live, logos and advice required updates to our CWS promotional items, information, and literature. All electronic material, A5 leaflets, wristbands, craft ID stitkers and phone pouches have been updated and new stock procured will carry new IOEOS. The NCI CWS training package was developed following advice from RNLI and incorporates elements of the RNLI 'Engaging with the Public, module. The package covers public engagement, safety messages and provides scenarios for group discussion. Training was rolled out nationally to station Water Safety Officers, who then cascaded to their CWS team members. Stations were broadly happy with the package and found the group discussions particularly valuable. Completion of the training package as part of a one to one or group discussion was and remains essential for all members involved in CWS activity. NCI made available a range of CWS material and equipment to stations, including a 'Stay Safe AlonE the Coast, feather flag, CWS pull up banner, posters, leaflets, child wrist band5, craft stickers and waterproof phone pouches. All were in high demand and there were many requests and suggestions for additional items. 5. Raising NCI Profile (PR and Marketing} ISH/Dcnsi Publicity, press and marketing has been an area of inventiveness using both internal and external resources. Some progress has been made in increasing awareness of NCI, particularly through social media and the Southampton International Boat Show. Our stand at the boat show was well attended and enthusiastically supported by watchkeepers from many stations giving their time and experience. There remains much work to be done in promoting awareness of NCI. 6. National Funding and Fundraising In JLJne this year the Board approved a recommendation that NCI should contract with a professional fundraising agency, with a proven track record of supporting charities in developing and implementing a fund-raising strategy, to assist NCI in developing and implementinE a fundraising strateEY. 12-
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 In July, a contract was agreed with the recommended consultancy Charity Fundraising Ltd, and work began on the development of a strategic fundraising plan for NCI. Charity Fundraising Ltd were supported in their work by the Business Development Team comprising Robert Thornton, lan Whalley and Stephen Hand. Input and help were also received from Graeme Gordon and members of NCI Felixstowe. Charity Fundraising submitted their report to the team, and we have worked through the information provided and the conclusions and recommendations that the consultant has drawn. The 77-page report contains proposals for new fundraising initiatives for enhancing our ability to raise funds from corporate, trust and individual giving sources. These will require some significant changes in NCI organisation and processes including. Implementing major changes to centralisation of station funds Sethng up a sector-based community fundraising team to operate new national and local fundraising initiative5. Re-examining NCI branding and external messaging to support fundraising. Recruiting resources specifically to work on submissions for funding to corporate and trust bodies. Creating and maintaining strong internal communications around the need for fundraising beyond individual stations These recommendations have formed the basis for a new fundraising programme of work for NCI in 2024. The National Treasurer launched an important programme of work to implement new financial reporting software which would provide the Trustees with improved visibility of the charity's finances. This programme also incorporated the transltion of all charity bank accounts to a single bank and will be fully documented in the report for 2023-24. STRUCTURE, GOVERNANCE AND MANAGEMENT In accordance with the NCI Constitution Ioctober 20201.. Election of Trustees The Charity Constitution states that there should be not less than 5 nor more than 8 elected trustees; one ex officio trustee,. and not more than 3 nominated or co-opted trustees. If the number of elected trustees falls below 5 the remaining trustee or trustees may act only to call a meeting of the charity trustees to appoint a new charity trustee. Elected Trustees NCI Trustees will be elected by the member Stations at the annual general meeting and will serve a term of 3 years after which they must retire, however they may seek re-election Ito a maximum of 3 terms).
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 Vacancies not filled at the annual general meeting, or that occur between annual general meetings, may be filled. The member Stations or the Trustees may at any time decide to appoint a new Trustee, whether in place of a Trustee who has retired or been removed, or as an additional Trustee, provided that the limit specified on the number of Trustees would not as a result be exceeded. Ex Offlclo Trustee NCI'S Treasurer for the time being I'the office holder'l shall automatically, by virtue of holding that office l'ex officio'l, be an NCI Trustee. If unwilling to act as a Trustee, the office holder may, before accepting appointment as a Trustee, give notice in writing to the Trustees their unwillingness to act in that capacity, or, after accepting appointment as a Trustee, resign. The office of ex officio Trustee will then remain vacant until the office holder ceases to hold office. Nominated Trustees Corporate or unincorporated bodies, agencies, and other organisations I'the appointing bodVI, as invited by the NCI Trustees, may each appoint one Trustee. Any appointment must be made at a meeting held according to the ordinary practice of the appointing body. Each appointment must be for a term of 3 years. Trustees so appointed have the same duty as the other NCI Trustees, to act in the way they decide, in good faith, would be most likely to further NCI'S purposes. Co-opted Trustees NCI Trustees may at any time, also appoint other fit and proper persons as Trustees. Co-opted Trustees shall be reappointed on an annual basis following each AGM. Trustees so appointed have the same duty as the other NCI Trustees, to act in the way they decide, in good faith, would be most likely to further NCI'S purposes. 14-
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 NCI in Number5 Personnel 2023 2022 2021 2020 2019 2018 Watchkeepers 2485 2608 2546 2,332 2,419 2,132 Trainees 450 408 385 355 344 328 Cadets 15 Others in Support roles 315 89 80 62 53 63 Stations 2023 2022 2021 2020. 2019 2018 No of Watchstations 60 59 | 56 56 56 54 No. of DFS 51 52 so 49 48 46 Percentage DFS 85 88 89 86 86 85 Total watchkeeper hours 284,931 274,152 215,113 146,408 280,514 265,139 Incidents 2023 2022 2021 2020 2019 2018 Total Number of Incidents 840 835 705 595 638 546 Incidents Inltlated by NCI 399 386 354 319 384 323 Incidents initiated by HMCG/others 441 449 351 276 254 223 Incidents requiring Lifeboat Rescue 348 370 288 240 242 225 Ves5e15 Logged 2023 2022 2021 2020. 2019 2018 Commercial Vessels 214,139 222,334 222,851 137,374 205,860 223,486 Leisure Vessels 415,163 424,763 410997 256,007 330,949 340,359 Military & Auxiliaries 4,792 6077 6729 4,752 6,919 6,048 Harbour Vessels etc. 24,178 23,953 23,426 17,882 26,500 26,698
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 REGIONAL SUMMARIES Cornwall- Helen Simp50n The High Sherriff of Cornwall chose the NCI in Cornwall as his charity for his term of office and visited stations around the coast. In December 2022 he hosted a celebration presentation in recognition of individual achievements. to many watch keepers from Cornwall. All stations have raised incident reports showing a continued vigilance along the Cornish coast, swimmers in difficulty and leisure activities being high on the reports. Falmouth Coastguard have hosted a number of visits for the Cornish stations, which have been very informative and supportive. Boscastle celebrated its 20, anniversary in June 2023 holding a successful event on a very warm summer5 day and Penzance celebrated a watchkeepers long service award of 25 years. The 13 Cornish stations have had their fair share of challenging weather during 2022-23. St Agnes Head an off the grid station lost all wind and solar power, Cape Cornwall have had a number of equipment failures and Bass Point suffered significant water ingress. This has proved very challenging for watchkeepers, but resilience and determination are always evident, and stations have remained open throughout. All stations have worked hard to attract volunteers and the excellent practice of sharing qualified watch keepers between Charlestown and Polruan has been of great help to PolrLJan. Nare Point have recently completed their creation of an information centre, with improved training Porthscatho which closes for the winter period has carried out maintenance work and continues with their training programme. During the summer they raised £1,000 in two hours at a local collection. Donations and fund raising has continued throughout the year and has meant that new Radars have been installed at St Ives, with the support of Trinity House Funding, and a donation from a supporter enabled Penzance to purchase their radar. DFS- all station underwent their annual DFS, and good practices are being shared amongst stations, with all working well within the competencies. Gwennap Head have very close links with the RNLI at Sennen and regular training exercises on the AWLB for watchkeepers is invaluable. A partnership with the South-west Coast Path Association was formed in the latter part of the year and has got off to a good start. A number of the Southwest stations are stamping stations with visitors already recorded as calling in. 16-
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 Stations have worked hard on fundraising. The Paya contactless card system has proved very successful at the stations trialling the system, whereas other stations, supermarket and attendance at events has been ongoing. Fund raising initiatives e.g. book sales and QR codes have all supported funds. Local press, TV and radio have covered features. with a regular Wildlife report given by St Ives on Radio Cornwall. Devon and Somerset- Gall Rendle From being Sector Manager Gail Rendle took over as Regional Trustee from Chris Aps in April, with Ivor lones now Sector Manager. The loveliest COLJnty in England* is favoured to have along its south coast five NCI stations, namely, from east to west, Exmouth, Teignmouth, Torbay, Froward Point and Prawle Point. These stations ranEe from being sited on busy promenades IExmouth and Teignmouthl to sitting on isolated, and not so isolated, headlands (Prawle Point and Torbayl or perched on a WW2 battery slte close by the entrance to the river Dart (Froward Pointl. All are fortunate enough to be on the South-west Coast Path and as such make the most of the fund-raising opportunities that this busy trail allows. Robert Thornton at Prawle Point has led the way in the promoting of fund-raising ideas and improvements to electronic fund-raising. Given the high volume of water-based leisure activities along the south coast, it's not surprising that between them over the 12 months covering this report the Devon stations clocked up a total of 121 incidents. The gradual return to normality post-covid has highlighted the need to concentrate once more on recruitment and training. While there remains some reluctance to dual man, this has not impinged on any station's operational effectiveness. Local collaboration involving three stations, RNLI and HMCG Liaison lat a meeting arranged by FPI proved extremely worthwhile,. with all parties keen to expand and improve on this community co- operation. The post-covid DFS programme resulted in excellent reports for four of the Devon stations. Changes of SM at Prawle Point, however, have delayed their DFS assessment. New ASMS over the period have been Andy Westwood IFPI, Peter Oliver (Exmouthl and Bryan Phillips IPP and since resigned). Andy and Peter have proved to be energetic, thoughtful, and effective. Of the challenges, structural and operational over the year, Torbay's probably topped the table when their power and water supplies from a nearby dwelling were cut without notice. With support 17-
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 from the BOT, Chris Arkell and his team showed determination and energy in keeping the station running over this difficult time. After several challenging months the station, which received a nomination for the Alan Richards Award for their efforts, finally received mains power. Coastal Water Safety in Devon got off to a flying start over Easter with three Devon stations involved in the pilot scheme. ExmoLJth's dynamic and expansive CWS programme led the way in what was overall a very successful first year for this important venture. For their work with the programme this station too was nominated for the Alan Richards Award. The next loveliest county, Somerset, has had a temporary station INCI exhibition trailer T61 at Minehead since early summer. Their ongoing recruitment and training programme has proved very successful, with help, and loans of equipment from, and visits to, NCI Exmouth. Planning permission for a new demountable has been received, which will release a donation of £25k from EDF Somerset Community Funding in support of this cost. Work continues finding NCI Burnham on Sea a home. This has proved challenging for SDT Project Lead Phil Styles since the merger of two counci15 in Somerset. Despite Council-led delays, the fledgling membership at Bos continue to meet, recruit and train, the latter with the generous assistance of the Minehe3d TO. This station has also received a yet-to-be-released donation of £25k from EDF Somerset Community Funding for station set-up. *Who doesn't love the clanE of a gauntlet being thrown down I 18-
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 Dorset- Chris Aps The Regional Trustee's NCI Stations in Dorset are, from West to East, Charmouth, Lyme Bay, Portland Bill, St Alban's Head, Swanage, and Hengistbury Head. Although NCI Needles shares the Dorset Sector manager, it comes under another Regional Trustee's responsibilities and is not included in this report. rE- DslA08 Dorset stations had a change of Trustee within this year, following the retirement of the previous Liaison Trustee, Tim Colquhoun. Despite Eric Taylor being appointed NCI Head of Operations, he remained as Sector Manager for the Dorset stations, and continued to work closely with Chris Apps as the incoming Regional Trustee, with a joint visit to all the Dorset stations in 2023 to get a eyes-on understanding of local issues, facilities, their teams, and aspirations. The Dorset stations work particularly well together. This continued to be evident during 2022-23, with regular small group/station manager meetings, successful co-operative fundraising events and strong operational cohesion. To pick just two neighbouring stations as an example, NCI Swanage sharing information with NCI St Alban's Head watchkeepers on passing vulnerable vessels, kayakers, paddle boarders as they move out of sight is an established operational practice. The Dorset coast has its own challenges and the year 2022-23 was no exception. NCI St Alban's Head was heavily involved with a drug smuggling incident; by spotting the largest ever drugs haul in Dorset. This has had the effect of an ever-increasing interaction with Border Force, Marine Police, and other government agencies. Indeed, this coastline attracted an increasing level of criminal activity, not only narcotic but also people smuggling. All Dorset stations reported visits by Border Force during this period. Dorset geology was not to be left out and the precarious cliffs 19-
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 near NCI Lyme Bay and NCI Charmouth lived up to their reputation with large cliff falls. Fortunately, without loss of life. Healthy collaboration with RNLI and CRT teams is a common thread in reports from all Dorset stations, and a strong relationship exists between them and SAR partners. Lyme Bay, for example attended RNLI management meetings as well as NCI visits to RNLI stations along the coast. Although not easy to obtain exact figures for the 2022-23 period year outlined in this report, as an illustration of artivity the combined Dorset NCI stations reported 126 incidents in the calendar year 2023. Other highlights from Dorset stations included noteworthy recruitment and fundraising at NCI Hengistbury Head combined with a high incident reporting rate. Essential and extensive repairs to the lookout at NCI Portland Bill dominated their year, which also included modernising their radar and medical equipment. NCI Bembridge IIOWI is not a Dorset Station, but it falls under this Trustee's remit and is therefore included. Because it represents a significant step forward for this Charity, it is reported here in a little more detail. On October 1" 2022, following a six-month trial of NCI watchkeepers working from the lookout of the active HM Coastguard station and a careful bilateral evaluation, NCI Bembridge was given the official go-ahead by MCA. Station development was entirely self-funded by successful presentations to, and donations from, yacht clubs and marine-related organisations. The embryo NCI Bembridge coordinated all six Solent NCI stations for the Round the Island Race and was involved in the organisational safety aspects of the event. The Regional Trustee was privileged to attend the inaugural AGM of NCI Bembridge and the election of Mike Batcheler as Acting Station Manager in February 2023. Crucial to the success of this initiative for us was the ability of the NCI watchkeepers to operationally co-exist with the CRT personnel. The latter have commented very favourably on the contribution provided by National Coastwatch, and NCI Bembridge continues as the only NCI station to operate within an active HMCG station. Media imuge of NCI and CR5 teams during the trial initiative at HMCG Bembridge. 20-
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 South and Solent-stephen Hand The six stations in the South and Solent region are NCI Shoreham, NCI Gosport, NCI Lee-on-the- Solent, NCI Needles, NCI Calshot Tower, and NCI Stone Point. All the regional stations have been very busy especially during the high months of the summer. A total of 124 SAR incidents were recorded during the period and every station showed an increase in SA Activity over 2022. A worrying trend in the region is an increase in the number of incidents involving attempted self-harm and suicide. The south coast is an extremely popular destination for visitors from London and other inland locations and several stations have been early contributors to our new coastal and water safety information provision. We hope to add to their number in the second phase in 2024. Highlights of the year for our region were 3 VlSIt in May to NCI Gosport by our Royal Patron Ipicturedl and the formal opening of the NCI Stone Point satellite station to NCI Calshot. During the year Jaye Isherwood succeeded Ron Hamilton as SM at Lee-on -the -Solent and Richard Suggitt took over from Colin Church at Gosport. My thanks to the departing managers for their sterling service and best wishes to their successors. Southeast- David Crozier Generally, the SE sector has continued to be busy with 45 incidents across the sector during the period. NCI Newhaven continues to attratt good recruiting levels, good fundraising and was involved in 23 incidents during the period. NCI Folkestone continues to be robustly run with good local connections and was involved in 10 incidents during the period. 21
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 NCI Whitstable continues to work at getting a new site approved and was involved in 12 incidents during the period. NCI Thanet lex NCI Herne Bayl has been working hard to obtain a new site following their previous building being structurally condemned. No incident figures are available as no station building is operational yet but some watchkeepers have contributed to watches at NCI Whitstable. East Coast-Linda Lawrence NCI Filey is doing well and, although in one of the mobile units, they are increasing in volunteer numbers. They have had some trouble with the owner of the shop that is situated behind them, but the SM is dealing with it in a professional way. They have looked at other sites and this is ongoing. NCI Hornsea's SM has stood down and Kath Robson lervois has taken over the role of ASM. She is being supported by Sector Manager Rob Druce. NCI Mablethorpe is falling into a bad state of repair and needs to be replaced. The Station is applying for various grants. They have been very active in Water Safety and some watchkeepers have been trained by the RNLI and working well with them. NCI Chapel Point has an ongoing problem with the entrance to the lookout as it is shared by the restaurant, if the restaurant isn't open, the watchkeepers cannot Eain access. NCI Skegness's SM has had some problems with a couple of the watchkeepers, but she is being well supported by her DSM and Sector Manager Rob Druce. NCI Brancaster continues to move forward with positive applications to various funding that is available in North Norfolk. Planning permission will be submitted for a permanent unit at the Royal West Norfolk Golf CILJb. The RNLI are full of praise for the Station as their callouts have almost halved during this past year. NCI Wells next the Sea's ongoing watchkeeper problems have continued throughout the year. Two watchkeepers have now been dismissed and the Station Manager although initially on leave of absence, has resigned. NCI Cromer's new CCTV system was sited high on the cliffs overlooking West RT his gave the watchkeepers good views over West Runton, East Runton and Cromer beaches. NCI Mundesley's last two Station Managers died of cancer and the then Head of Operations supported them until an ASM could be elected. Andy Potter stepped up and immediately showed strong commitment to the Station. NCI Caister had over two years using one of the mobile units and seeking places along the coastline where they could eventually site a demountable. Nowhere could be found and after many meetings if was decided that it just was not viable to continue, and the station closed on 31" August 2023. 22-
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 NCI Gorleston experienced a couple of SM changes during the year and the last ASM resigned with immediate effect in July. The DSM'S carried on until someone could be elected. Unfortunately, this was another situation where no one wanted the position. NCI Felixstow is excellent. it is run by an extremely competent SM, the training system is well thought out. They have various CCTV cameras, giving them a wide coverage of the area. They have various 'open days,, which relates to good fund raising and increase in new members. NCI Southend made moves Wlth the Coastguard to share a lookout in Southend but eventually it was decided that the area was too small to accommodate both crews. Talks have begun on the prospect of having CCTV to cover the area with monitors in NCI Southend unit. NCI Canvey Island's SM Grahame Harris continues to run a very good Station, they have excellent support from the local yacht club and locally good fundraising. Wales and NW- Phil Styles W8le$& NorthK EnEland RcOon The Region covers a total of 10 stations from Barry in South Wales to Fleetwood Lancashire Northwest England Five of the Station's report into MRCC Milford Haven and five report into MRCC Holyhead. H•ad The region has two Sector Managers Tom Scrimgeour covering the south and Martin Cripps covering the north. The stations are Nells Point, St Donats Bay, Porthcawl, Worms Head, Wooltack Point, Porthdinllaen, Rhoscolyn, Point Lynas, Llandudno & Fleetwood. Incident Stats Oct 22 to Sept 24 nGldolit MCAlnltsltsd Roqulrlng Llfeboatsupport All Statlon8 169 68 77 The 10 stations dealt with 169 Incidents during the period, which equates to 20Yo of all the NCI incidents recorded during this period. 23-
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 Due to the high tidal ranges up to Ilmetres in the Bristol Channel and the large areas of sand banks to the north of the region, tidal cut offs made up the highest caLJses of incidents at 30°A, followed by Paddle Boarders at 18Yo. HM Coastguard - All stations had and continue to have excellent working relationship with the two MRCC at Holyhead & Milford with regular visits and online Teams meetings being held during the period. Year on year we see an increase in the number of times the MRCC request assistance/support from the NCI stations in the region. Some NCI stations in the region have made presentations to local CRT regarding what the NCI do and offer from their local teams. RNLI. Stations with local RNLI lifeboat stations have created close ties including in some Cases sharing water safety activities. Station Specific. All stations as can be seen from the stats have been very busy but below are some of the highlights or key actions taken. Llandudno has had a very challenging period having to rebuild a new team and re-establish the station on the West Shore at Llandudno. They are to be applauded that they now are back on track and recruiting new members. Point Lynas found themselves without a station as the landowners terminated the lease, but with the support of the NCI Station development team, and some local searching by the Point Lynas crew, they managed to secure a site at Amlwch and are currently working out of an NCI Transportable station. They have also secured a final site at Moelfre to the east of the current station on Anglesey. Porthdinllaen completed its hook up to mains electricity and followed this up with refurbishment to its badly leaking doors and windows ensuring a far nicer working environment for its crew. Wooltack Point has alw3yS Struggled to recruit new members but, due to the tenacity of the Station manager, they are seeing an uptick in recruitment which bodes well for the station to increase its opening hours. Worms Head deservedly won the Alan Richards award in April 2023 for its work at Worms Head causeway reducing the number of people being cut off by the incoming tides. 24-
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 St Donat's Bay. In April 2023 the station had a very successful visit from HRH Princess Anne 4 who presented certificates to the station's first Cadet group from UWC Atlantic college. This has been followed up by another new cadet intake in September. In July the station passed its first DFS inspection with flying colours. Finally, thanks. Thanks to Nick Rogers Station manager Nells Point who stood down at the end of Sept 2023 after serving 6 years as SM. Thanks to the 327 NCI Volunteers who gave over 68,000 volunteer hours over the period to support the safety of others along the coast and out at sea of Wales & the Noth West of England. Dai iuwm chi 25-
NATIONAL COASTWATCH INSTITUTION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 FINANCIAL REPORT IGG) Central Reserves and Contingency NCI maintains central reserves which include a low/medium risk long term investment with the aim of future proofing the Charity and establishing a stream of sustainable operating surpluses. We retain a readily accessible contingency balance to address unexpected or emergency events such as flooding, roof damage or lightning strikes. Legacies and Donations In November of 2022, the Charity was informed of a £85,000 legacy from the Estate of Robin Barett for the reconstruction of the Browndown site for NCI use, or if that proved impractical, for the development of other NCI Stations. A further amount of £3,182 was received in November 2022 from the Estate of the late Judi Gifford. With the amounts received in 2019-20 and 2021-22 this takes the overall amount received to £58,853. In April 2023, the estate of the late Mr Norman C Tricks, donated a legacy of £1,000. Also in April 2023, the NCI received a bequest of £10,000 from the estate of Mr Christopher Grose, and a further bequest of £10,000 from the estate of Mr Alan G Smith. VAT With effect from 1st April 2015, qualifying charities as defined by section 33D of the VAT Act 1994 are able to reclaim VAT charged on non-business supplies and services. At 30th September 2023 NCI has successfully reclaimed £88,692 in VAT in total in the year. Reserves Policy In November 2016, the Trustees established an investment fund of £250,000, invested with Rathbones Investment Management. Based on projections on income and expenditure, it was envisaged that the investment fund would be reviewed after 5 years. During the financial year 2022/23 this was reviewed and after some consideration the Trustees agreed to retain Rathbones. These reserves have been required to be accessed over the year in question and stood at £178,091 as at 30 September 2023. Treatment of Restricted Fixed Assets The purchase of an asset using restricted funds has been considered to meet in full the restrirtion imposed on the original donation. The present treatments are- The purchase of an asset with restricted funds in line with the stipulated restriction is treated as the fullilment of the restriction. The purchased asset is treated as an unrestricted asset. The restricted fund holding on the balance sheet will be shown. 26-
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NATIONAL COASTWATCH INSTITUTION INDEPENDENT EXAMINER'S REPORT TO THE THE TRUSTEES OF NATIONAL COASTWATCH INSTITUTION I report to the The trustees on my examination of the financial siatements of National COasbateh Institution {the charity) for the year ended 30 Seplember 2023. Responsibilities and basis of report As the The trustees of the charity you are responsible for the preparation of the financial statements in accordan with the requirements of the Charities Act 2011 (the 2011 Act). I report in respect of my examination of the charity's fin8n¢ial ststemenls carried out under section 145 of the 2011 A¢t. In Carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examiner's statement Since the charity's gross in¢ome exceeded £250,000 your oxaminer must bg a member of a body listed in section 145 of the 2011 Act. l ¢onfimi that l am qualified to Ljndertake the examination because l am a member of Rouse Partners LLP, which is one of the listed bodies. Your attention is drawn lo the fact that the Charity has prepared financial slalements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference lo the Accounting and Reporting by Charities.. Slalemenl of Recommended Practice issued on 1 April 2005 which is referred lo in the exlanl regulations but has now been withdrawn. l understsnd that this has been done in order for financial ststements to provide a true and fair view in accordance with Gonerally A¢¢opled Accounting Pra¢li¢e effective for reporting periods beginning on or after 1 January 2015. I have cowpleted my examination. I confirm that no matters have come lo my attention in connection with the examination giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act,. or Ihe financial statements do not accord wilh those records., or the financial slalements do not comply with the applicable requirements conceming the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true 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 to enable a proper understanding of the financial statements to be reached. Rouse Partners LLP Susan Drummond FCCA 55 Slalion Road Beaconsfield Buckinghamshire HP9 1QL Dated.. 29 July 2024 28-
NATIONAL COASTWATCH INSTITUTION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2023 Unrastricted Rastricted funds funds 2023 2023 Total Unrestricted Restricted funds funds 2022 2022 Total 2023 2022 Notès Incorne from: Donations and legacies Other trading activities Investments 407,638 248,889 147,742 555,380 248,889 455,149 251,253 9,417 145,185 600,334 251,253 9,417 Total income 656,527 147,742 804,269 715,819 145,185 861,004 Expenditure on= Raising funds Charitable activities 134,132 762,223 134,132 792,106 116,574 673,037 116,574 693,077 29,883 20,040 Totsl expenditure 896,355 29,883 926,238 789,611 20,040 809,651 Net losses on investments 18,7231 18,7231 131,9381 131,9381 Net incomellexpenditurel and movement in funds 1248,5511 117,859 1130,6921 1105,7301 125,145 19,415 Reconciliation of funds: Fund balances a11 October 2022 1,161,016 156,261 1,317,277 1,266,746 31,116 1,297,862 Fund balances at 30 September 2023 912,465 274,120 1,186,585 1,161,016 156,261 1,317,277 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 29-
NATIONAL COASTWATCH INSTITUTION BALANCE SHEET AS AT 30 SEPTEMBER 2023 2023 2022 Notes Fixed assets Tangiblè assets Investments 10 11 293,194 183,808 368,788 337,239 477,002 706,027 Current assats Stocks Debtors Cash at bank and in hand 12 13 5,047 29,586 603,215 7,115 729,470 736,585 637,848 Credltors: amounts falllng due wlthln ono ygar 14 27,002 26,598 Nel current assets 709,583 611,250 Total assets less current liabilities 1,186,585 1,317,277 The funds of the charity Restricted income funds unstrICted funds 15 274,120 912,465 156,261 1,161,016 1,186,585 1,317,277 The financial statements were approved by the The trustees on Mr S Hand Trustee 30-
NATIONAL COASTWATCH INSTITUTION STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 SEPTEMBER 2023 2023 2022 Notes Cash flows from op8ratlng actlvltles Cash (absorbed byllgenerated from operations 20 118,4531 146,223 Investlng actlvltl•s Purchase of tsngible fixed assets Investments cash lo cash in hand PLJrchase of other investments Proceeds from disposal of other investments Investment inwme received 1186,5261 13,6341 121,0221 74,010 1,063 135,3751 180,083 Net cash generated froml{used inl investing activities 144,708 1136,1091 N¢t Cash used In flnanclng actlvltl¢s Net increase in cash and cash equivalents 126,255 10,114 Cash and cash equivalents at beginning of year 603,215 593,101 Cash and ¢ash equivalents at end of year 729,470 603,215 31
NATIONAL COASTWATCH INSTITUTION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 Accountlng pollcles 1.1 Accounting ¢onvention The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" I'FRS 102.1 and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" leffective 1 January 20191. The charity is a Public Benefit Entity as defined by FRS 102. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only lo the extent reqLJired to provide a true and fair view. This departure has involved following the Ststement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. 1.2 Going concern At the time of approving the financial slalemenls, the The trustees have a reasonable expectation that the charity has adequate resources to continue in operation81 existence for the foreseeable future. Thus the The trustees Continue to adopt the going cOnM basis of a¢¢ounting in preparing the financial statements. 1.3 Charltable funds Unrestricted funds are available for use at the discretion of the The trustees in furtheran of their charitsble objectives. Reslricled funds are subject lo specific conditions by donors or grantors as to how they may be used. The purposes and uses of the reslricled funds are set out in the notes lo the financial slalemenls. 1.4 Income Income is recognised when the charity is legally entitled to it after any performan conditions have been met. the amoLJnis can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income lax recoverable in relation lo donations received under GiftAid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on reIpl or otherwise if the charity has been notified of an irllpending dislribulion, the amount is known, and receipt is expected. If the amount is not known, the legacy is Irealed as a conlingenl asset. 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a Ihird paty, it is probable that a transfer of economic benefits will be reqLJired in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. 32-
NATIONAL COASTWATCH INSTITUTION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 Accounting policies Icontinuedl 1.6 Tangible fixed assets Tangible fixed assets are initially measured al cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the Cost or valuation of assets less their residual values over their useful lives on the following bas&s'. Leasehold land and buildings Planl and equipment at varying rates on ¢ost 25 /D on reducing balance The gain or loss arising on the disposal of an asset is determined as the differen between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Fixed asset investments Fixed asset investments are initially measLJred al transaction price excluding transaction costs, and are subsequently measured at fair value at ea¢h reporting date. Changes in fair value are recognised in net in¢omellexpenditLJrel for the year. Transaction costs are expensed as incurred. 1.8 stocks Stocks are valued at the lower of cost and nel realisable value, after making due allowan for obsolete and slow moving items. 1.9 Financial instruments The charity has elected to apply the provisions of Section 11 'Basi¢ Financial Instruments, and Se¢tion 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Baslc flnanclal assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cosl using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured al the present value of the future receipts discounted at a market rale of interest. Financial assets classified as receivable within one year are not amortised. Baslc Ilnanclal Ilabllltles Basic financial liabilities, including creditors and bank loans are initially recognised al transaction price unless the arrangement conslitules a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rale of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried al amortised cost, using the effective interest rate method. Trade creditors are obligations lo pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current Iiabililies rf payment is due within one year or less. If not, they are presented as non-currenl liabilities. Trade creditors are recognised initially al transaction price and subsequently measured al amortised cost using the effective interest method. 33-
NATIONAL COASTWATCH INSTITUTION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 Accounting policies Icontinuedl Dorecognition of financial liabilities Financial liabilities are derecognised when the charity s conlraclual obligations expire or are discharged or canlled. 1.10 Taxation The charity is exempt from corporation tsx on its charitable activities. 1.11 Employee benefits The cost of any unused holiday enlillement is recognised in the period in which the employee's services are reived. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to lerminale the ernployrnenl of an employee or lo provide lerminalion benefits. 1.12 Legacies Legacies are recognised on a case by case basis where the receipt of the legacy is considered probable and the amount can be measured reliably. A receipt will be probable if there has been a grant of probate.. the executors have estsblished that there are sufficient assets in the estsle lo pay the legacy, after settling any liabilities, and any conditions 8lla¢hed to the legacy are either within the Control of the ¢h8rily or have been met. Where legacies have been notified to the Charity, or the Charity is awa of the granting of probate and the criteria for in¢ome recognition have not boen mel, then the legacy is treated as a ¢onlingonl asso1 and disclosed if material. Critical accounting estimates and judgements In the application of the charity's accounting policies, the The trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underfying assumptions are reviewed on an ongoing basis. Revisions to accounting eslimales are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. Income from donations and legacies Unrestrl¢ted Restrl¢t•d funds funds 2023 2023 Totsl Unr¢$trl¢ted R¢$trl¢ted funds funds 2022 2022 Total 2023 2022 Donations and gtfts 407,638 147,742 555,380 455,149 145,185 600,334 34-
NATIONAL COASTWATCH INSTITUTION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 Incomo from othèr tradlng actlvltlès Unrestri¢ted Unrestricted funds funds 2023 2022 Shop income Letting and licensing arrangernenls 247,923 966 251,253 Other trading activities 248,889 251,253 Income from investments Unrestrl¢ted Unrestrl¢ted funds funds 2023 2022 Rental income Interest re¢eivable 8,354 1,063 9,417 Expenditure on raising funds Unrèstrictod Unrostrictèd funds funds 2023 2022 Fundraising and publicity Other fundraising costs 134,132 116,574 35-
NATIONAL COASTWATCH INSTITUTION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 Charltablè actlvltlès Operating Operating ¢oastal ¢oastal stations stations 2023 2022 Depreciation and impairment Direct Costs 75,594 377,742 89,361 468,131 453,336 557,492 Share of support costs 338,770 135,585 792,106 693,077 Analysis by fund Unrestricted funds Restricted funds 762,223 29,883 673,037 20,040 792,106 693,077 Gains and lossès on investmènts Unrestri¢ted Unrestri¢ted funds funds 2023 2022 Gainslllossesl arising on.. Revaluation of investments Sale of investments 134,7571 2,819 18,7231 18,7231 131,9381 Taxation The charity is exempt from tsxation on its activities because all its in¢ome is applied for ¢haritsble purposes. 36-
NATIONAL COASTWATCH INSTITUTION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 10 Tanglble flxed assèts Lea8ehold land and bulldln98 Plant and equlpm?nt Total Cost At 1 October 2022 436,956 392,867 829,823 At 30 September 2023 436,956 392,867 829,823 Depreciation and impairment At 1 October 2022 Depreciation charged in the year 231,587 34,739 229,448 40,855 461,035 75,594 At 30 September 2023 266,326 270,303 536,629 Carrying amount At 30 September 2023 170,630 122,564 293,194 At 30 September 2022 205,369 163,419 368,788 11 Fixed asset investments Listed investments Cost or valuatlon At 1 October 2022 Additions Valuation ¢hanges Dividends Management fees Disposals 337,239 35,375 3,897 6,179 13,6671 1195,2151 At 30 September 2023 183,808 Carrylng amount At 30 September 2023 183,808 At 30 September 2022 337,239 12 Stocks 2023 2022 Finished goods and goods for resale 5,047 37-
NATIONAL COASTWATCH INSTITUTION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 13 Debtors 2023 2022 Amounts falling due within one year- Trade debtors Other debtor5 250 6,865 3,816 25,770 7,115 29,586 14 Creditors: amounts falling due within one year 2023 2022 Other tsxation and social security Trade Creditors Accruals and deferred income 2,800 24,202 20,598 6,000 27,002 26.598 1 S Restricted funds The reslricled funds of the charity comprise the unexpended balances of donations and grants held on trust subject lo specific conditions by donors as lo how they may be used. At 1 October 2022 Incoming resources Rasourc•s expanded At30 Saptembar 2023 Station fund Trinity House 67,756 88,505 114,202 33,540 122,7291 17,1541 159,229 114,891 156,261 147,742 129,8831 274,120 Previous yèar: At 1 Octobèr 2021 Incoming rèsources R•sourc•s expandèd At30 Sèptember 2022 Station fund Trinity House 31,116 40,185 105,000 13,5451 116,4951 67,756 88,505 31,116 145,185 120,0401 156,261 Trinity House figure relales to waler safety and integration with the coastguard. 38-
NATIONAL COASTWATCH INSTITUTION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 16 Unrestrlctad funds The unrestricted funds of the charity comprise the unexpended b818nces of donations 8nd grants which are not subject to specific conditions by donors and grantors as to how they may be ustrd. These include designated funds which have been sel aside out of unrestricted funds by the trustees for specific purposes. At 1 October 2022 Incoming resources Resources expended Transfers Gains and losses At30 September 2023 General funds Designated funds 637,770 656,527 {896,3551 523,246 18,7231 912,465 523,246 1523,2461 1,161,016 656,527 1896,3551 18,7231 912,465 Previous year- At 1 October 2021 Incoming resources Resources expended Transfers Gains and losses At30 September 2022 General funds Designated funds 743,500 715,819 1789,6111 131,9381 637,770 523,246 523,246 1,266,746 715,819 1789,6111 131,9381 1,161,016 17 Analysis of net assets between funds Unrestricted funds 2023 Restricted funds 2023 Total 2023 Fund balances at 30 September 2023 are represented by: Tangible assets Investments Current assetsllliabililiesl 293,194 183,808 435,463 293,194 183,808 709.583 274,120 912,465 274,120 1,186,585 39-
NATIONAL COASTWATCH INSTITUTION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 17 Analysis of net assets between funds Icontinuedl Unrestricted funds 2022 Restricted funds 2022 Total 2022 Fund balances at 30 September 2022 are represented by: Tangible assets Investments Current assetsllliabililiesl 368,788 337,239 454,989 368.788 337,239 611,250 156,261 1,161,016 156,261 1,317,277 18 Related party transactions There were no trustees, remuneration or other benefits for the year ended 30 September 2023. The Trust has reimbursed the truslees with £18,165 12022.. £21,867) in respect of travel costs, accommodation, subsistence and other ancillary costs being monies necessarily incurred in the pursuance of the Trust's business. 19 Analysls of change$ In net fund$ The charity had no material debt during the year. 20 Cash generated from operations 2023 2022 (Deficilysurpus for the year 1130,6921 19,415 Adjustments for.. Investment income recognised in stslemenl of financial activities Lossllgainl on disposal of investments Fair value gains and losses on investments Depreciation and impairment of tsngible fixed assets 11,0631 12,8191 34,757 89,361 8,723 75,594 Movements in working capital.. Decreasellincreasel in stocks Decrèasellincreasel in debtors Increase in creditors 5,047 22,471 4114 17601 14,7951 12,127 Cash (absorbed by}Igenerated from operatlons 118,4531 146,223 -40-