REGISTERED CHARITY NUMBER: 1168613 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR FLEETWOOD MUSEUM TRUST Jones Hanis Limited 17 St Peters Place Fleetwood FY7 6EB FLEETWOOD MUSEUM TRUST CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 Mareh 2025 Page Report of tbe Trnstses I to 3 Indepejdent Examiner'$ Rtport Slatement of Flnancl81 Activities Balanee Sheet Notes to the Financial Statements 7 to 14 Detailed Ststement of Fininelal Aethpld 15 to 16 FLEETWOOD MUSEUM TRUST REPORT OF THE TRUSTEES for the year ended 31 March 2025 The trustees present their report with the financial statements of the Charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Pra¢ti¢e applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectlves and alms The charity's objectives are to advance th¢ education of the public by the establishment and maintenance of a museum and associated artefacts. The ¢harity's aim is to educate the youn& remind the old and inspire future generations. It is also integral to the heart of the community and offers a warni and friendly welcome where visitors can learn, engage and belong. ACHIEVEMENT AND PERFORMANCE Charitsble aetlvltles It has been another busy and successful year for Fleetwood Museum TrusL We are a seasonal museum, only open lo the public for eighi months of the year. OUT Visitor numbers stayed level with th¢ previous year at almo￿ 20.000. which includes 1,300 children on school trips with structured events. We welcom¢d coach visits from various organisations and evening visits from local groups. The M￿SeuM is supported by over 80 I￿al volunteers, without whom we could not operate. Currently all the Trustees also act as volunteers in various areas of the mus¢um. We are hoping to recrnit extra trustees in the near future dependent on their capabilities. When our origina] Manager left in 2023, our part-time C()Ileclions assistant stepped up to lake on the extra workload, h¢lped by the Trustees who took on extra responsibilities to keep the museum open, but we were pleased when we recruitd a new manager who took up her role in June 2024. During late summer we opened the adjoining late 1830s house to small groups of visitors who were shown the original basement and ground floor by a volunteer guide. A consultation was held with majority of people deciding that a period house would be the best way to go fon￿rd due to the original features. It will tske years of work to property achieve this but more small groups will be able to view certain areas during 2025. Work, by volunteers. on the densely overgrow back garden of thts property has been ongoing and the original layout of the garden can now be seen. short documentary film 'End to End, by Anton Arenko featuring the ferry service across the River Wyre from Fleetwood to Knott-End since Victorian times included the museum and an interview with our Collections Assistant. This film won a prestigious award and is now available on YouTube. Our craft ladies submitted an enty for the local 'Christmas Tree Festival, and won first prize overall. During the closed winter period. in the museum, a small amount of inside painting was completed, the volunteers continued to open our pre-loved book shop two days a week which brought in extra income and ple￿ed our regular visitors, W¢ opened ihe museum café on a ThuTsday for volunteers to meet up on a r¢gular basis. We held a free 'get-together' event in January including food and entertainment &s a 'thank you, to the volunteers for supporting the museum through the previous season. Certificate5 and badges were handed out in recognition of their service. The trust has continued to receive donated collections of local significance. These are accessioned to the trust's own collection as distinct from the items on loan from the Lancashire County Council collection which are managed by us. Through the work of the lo¢al Civi¢ Society, funds were raised via a UKSPF grant to explore the possibility of awarding len notsble buildings in the town with a 'Blue Plaque,. The museum building, originally the Customs Hous¢ and the oldest used building in the town was awarded a Blue Plaque on 25th September. The Civic Society organisers also prepared a'Blue Plaque Trail, leaflet whi¢h has proved extremety popular. Page I FLEETWOOD MUSEUM TRUST REPORT OF THE TRUSTEES for the year ended 31 Mydrcb 2025 ACHIEVEMENT AND PERFORMANCE FundralsAng adivilles Our public programme of regular events this year in conjunction with the 'Friends of Fleetwood Museum, included guided walks, historical talks, monthly Folk music sessions well attended coffee mornings and children's free craft sessions. To celebrate the birth date of Decitnus Burton. the Victorian architect of the town, a special iour of his elatKirate buildings and a talk was held. A special drop-itj 5¢5SiOD took place on Fleetwood beach with help from community partners, involving over forty people in the local community creating, with drone footage. a temw)rary largc-scale artwork of a lifeEK>at commemorating RNLI'S 200th Anniversary. The museum has facilitated I￿al arts and community groups includin& Fleetwood Day ¢ornmitte& Fleetwood Historical Society's monthly talks during the winter and OC￿S1onallY Fleetwood Civic Society. We h05ted a conference for Maritime History North in October al￿ throughout the year welcomed architectur￿ sthdents from UCLAN, people from Arnside Sailing Club, the Wildlife Trust, Conservation officers frovn various Lancashire areas, a WEA Mriting group and students from a local college who came to sketch 'Harriet' our sailing vessel which is isted on the Historic Ship's register. Special events were very popular, including a Nostalgia Night. showing old pictLwes of the town. W¢ celebrated 'Lanc&shire Day, and 'St Patrick's Day, offsite. Our 'Chrislm&s Afternoon Tea, and a 'Decimus Burton, celebrdlion day were held within the museum. From money rdised through these social event4 the Friends of the Museum are able to make donations to the Trust towards equipment and gallery refijrbishment. These activities have added to how the museuln make5 a 5ignifi¢aTJt dTfferen¢¢ to the lives of local people, who make a vital contribution to the museum's fLLnding through the annual precept. As a 'thank you, the museum provided free visits for Fleetwood residents during the month of August. We also opened our doors over two days for the public to gain free enty during'Heritage Open Days, in September. FINANCIAL REVIEW Flnanclal posltlon The museum continues to survive financially by raising fimds from admissions, cafe and shop sales, donations and the sale of second-hand books in the small house next door to the museum, but without the core funding from the p¢ople of Fleetw￿d through a precept raised by the Town Council, at the level set in January 2016 the museum could not employ staff or cover costs. Some funding is still ring-fenced for particular projects deslgnated by funders and donors: the Jacints Trust fuDds are to be used on futhre deep-sea trawling and 'Jacinta' interpretation and will match-fund part of the boat-hall project in due Course" the Tetained 2017-2018 precept is ringfenced to projects agreed in 2019 and is not to be used for rnnning costs Reserves policy The trust aims to maintain sufficient reserves to cover opeTating costs. If, by any chance, the museum has to close, the items contained in Fleetwood Museum, originally donated to Lancashire CouT]ty Council. have to be returned to Preston LCC and tbe building, which is owned by Wyre Council left in a decent stale. Money was accumulated for this purpose but when the adjoining 1830s house with originaI fethres came on the market the Trust decided to invest in this propety, as an addition to the museum. The Purch￿ of this neighbouring property and its future use would be consistenl with the charity's objects and aims. Recovery of this reserve through sale will take ￿ long &s the notice periods in our ]￿e and collections agreement. Unrestricted reserves totsl £256.466 at the year end (2024 - £234,992) of which £89,471 (2024 - £66,552) were free reserve5. STRUCTURE, GOVERNANCE AND MANACEMENT Governing document The charity is controlled by its governing documenL a consititution. Jt is registered as a Charitable Incorporated Organisation (CIO). REFERENCE AND ADMINISTIL4TIVE DETAILS Registered Charlty number 1168613 Page 2 FLEETWOOD MUSEUM TRUST REPORT OF THE TRUSTEES for the year ended 31 March 2025 Principal Address 6-7 Queens Terrace Fleetw￿d Lancashire FY7 6BT Trustees K Porter Mrs S C Porter Mrs S Alderson D H Pearce T J Rogers Trnstee Mrs J Nelson S MacGregor (appointed 27.3.25) Independent Examiner Jones Harris Limited 17 St Peters Pla Fle¢two(>d Lancashire FY7 6EB Approved by order of the Ix)ard of trnstees on .............. ..... . and signed on ils behalf by: K Porter- Trustee Page 3 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FLEETWOOD MUSEUM TRUST Independent examiner's report to the trustees of Fl¢etwood Museum Trust I r¢port to the charity trnstees on my examination of the accounts of Fle¢￿th)d Museum Trust (the TTUSt) for the year ended 31 March 2025. R¢sponsibiliti¢s and ba5ls of report As the charily truslees of the Trust you are responsible for the prepardtion of the accounts in accordance with the requirements of the Charities Act 2011 ('thc Arf,). I rel￿ in respect of my examinatiOT] of the TTuses accounts carried out under Section 145 of the Act and in Carrying out rny ex8minJlion I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. Independent eyamlner's ststement I have completed my examination. I confirni that no material matters have come to my attention in connection with the examination giving me cause to belleve that in any material respect: accounting records were not kept in respect ofthe Trust &8 required by Section 130 of the Act. or the accounts do not accord with those Tecords. or the accounts do not comply with the applicable requirements concerning the forn) and content of accounts set o n 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 eome 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 accounts to be reached. Paul Daley ATT Jones Harris LiTnited 17 St Peters Place Fleetwood Lancashire FY7 6EB Page 4 FLEETWOOD MUSEUM TRUST STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2025 2025 Total nds 2024 Total funds Unr¢strActed fund Restricted filnds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 77,591 31,949 109,540 159,349 Cbv4ritable adivities Museum 14J23 14,323 10,654 Other trading activities Investment incom¢ Other income 32,174 3.475 407 32,174 3.475 407 31,470 3,066 Total 127,970 31,949 159,919 204,539 EXPENDITURE O Raising funds 7,375 7.375 8,967 CharitAble activities useum 99,121 33,060 132,181 202.936 Totgl 106,496 33.060 139,556 211,903 NET INCOMEI(EXPEIYDITURE) 21,474 20,363 {7,364) RECONCILIATION OF FUNDS Total fund8 brought forward 234,992 181.454 416,446 423.810 TOTAL FUNDS CARIUED FORWARD 256,466 180,343 436,809 416.446 The notes forni part of these financial statements Page 5 FLEETWOOD MUSEUM TRUST BALANCE SHEET 31 March 2025 2025 Totsl fitnds 2024 Total funds UnrestrA¢ted fund Restricted Notes FIXED ASSETS Tangible assets 166,995 166.995 168,440 CURRENT ASSETS Stocks Debtors Cash at bank and in hand io li 5,199 1,578 86,632 5,199 4J47 266.974 5,512 1.408 244.756 2.769 180,342 93,409 183,111 276,520 251,676 CREDITORS Amounts falling due within one year 12 (3,937) (2.769) (6,706) (3,670) NET CURRENT ASSETS 89,472 180,342 269,814 248,006 TOTAL ASSETS LESS CURRENT LIABILITIES 256,467 180,342 436.809 416,446 NET ASSETS 256.467 180,342 436,809 416,446 FUNDS Unrestricted funds Restricted funds 14 256,467 180,342 234,992 181.454 TOTAL FUNDS 436,809 416,446 The financi statements were approved by the Board of T￿￿te¢S and aulhorised for issue )¢• tri........ and were signed on its behalf by: K Porter- Trustee The notes forni part of these financial ststements Page 6 FLEETWOOD MUSEUM TRUST NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025 ACCOUNTING POLICIES Basls of preparlng the financial statements The financial statements of the chaTity, which is a public benefit entity under FRS 102, have been prepared in accordI￿ce with the Charities SORP (FRS 102) 'Acwunting 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 Ereland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Rqx)rting Standard applicable in the UK and Republic of Ireland, and the Charities Ath 2011. The financial statements h