Newhaven Historical Society Charity registered in England number 1171675 Trustees’ Report for the year 1 January 2024 to 31 December 20234 Principal Address: Paradise Park, Avis Way, Newhaven, East Sussex, BN9 0DH Trustees: Note all trustees served for the whole period except for as noted below. Graham Amy Chair Stefan Storoszko Treasurer William Pilfold Secretary Ian Everest Angela Simmons Jennifer Flood David Kent Richard Kirkman (co-opted 12/02/24) The charity had no advisers in the period. Governing document: Constitution as approved at the first AGM 7 February 2019 and amended at the AGM 4 February 2020 The charity is a Charitable Incorporated Organisation (CIO) Trustees are recruited by personal contact of existing Trustees and elected by the members of the Society at the AGM in accordance with the constitution. The object of the charity is to educate the public in the history of Newhaven and the surrounding area. The Society’s was fully active during 2024. The object was achieved by opening the Newhaven Museum located at Paradise Park, Newhaven from April to October; holding 5 lectures on local history open to both members and the public; maintaining a website focused on the Society’s activities and the history of Newhaven; working with local artists and others in support of projects related to the history of Newhaven; hosting a local artist for the Lewes District Council supported ArtWave festival; taking part in Heritage Open Days and responding to numerous enquiries about local history, from members of the public. Arts Council for Heritage Lottery funding was used for: a consultation to make the museum more engaging, accessible and relevant; a collection review and enhanced interpretation; an inclusive space where people and artists can participate; a new website to make it more accessible and rebranding to present a professional image. The trustees also committed £5,000 of the Society’s funds to this project. The funded project will continue through 2025. The trustees have had regard to the guidance issued by the Charity Commission on public benefit throughout. A project to catalogue, conserve and protect artefacts, documents and photographs in the museum was begun by volunteers and will continue for some time.. The charity is entirely run by volunteers as trustees and stewards at the museum. The charity’s principal sources of funds are members subscriptions, museum and lecture admission fees, sales of books etc and donations from individuals and local organisations. The trustees declare that they approved the trustees’ report above. Signed on behalf of the Trustees Graham Amy (chair) Treasurerfs Report- Financial Year 2024 From a financial perspective 2024 proved to be a successful year. The society was able to provide a full programme of tasks, including support for 'Blazing Saddles, at the Hillcrest Centre, the Newhaven Museum opened early in April closing at the end of Ortober for the winter period and the society was represented at the Denton Challenge and the RNLI fete. These activities including the sale of the Newhaven fimes generated a profit for the year. Income from museum admissions and sales, Hillcrest talks and a small profit from the sale of the Newhaven Times have helped to offset the cost of continuing museum maintenance and refurbishment and the expensive and time-consuming museum artifact preservation work which is ongoing. In general, 2024 proved financially to better 2023. Membership to the society and subscriptions to the Newhaven Times both increased, museum admissions and sales increased (see Curators report) and we received considerably more interest from our bank HSBC (see attached accounts). Expenses were lower than 2023, this was due in part to less spend on the museum artefacts preservation. We spent 3,525.12 from the National Lottery grant in 2024. there will be a far greater spend in 2025 as work increases in the museum and purchases are made as part of the renovation of the museum. Current Flnanclal Posltlon General Fund: (Financial accountsfor year attached) The Newhaven Historical Society accounts for 2024 has been signed off by our examiner. Excess of income over expenditure for the financial year was 5,725.88. As stated, spend on the preservation of the museum artefacts was down on the previous year. It should be noted that this is a long-term project which will require further investment in the future. The society is still subject to bank charges, which are offset favourably by the increase in the interest rate we received on our deposit account. Of course, interest rates fall as well as rise so this may not remain in our favour in the future. Extraordlnary Expenses: These include the purchase of two wreaths laid by the society in memory of the Dieppe raid and Remembrance Day. There was also a small cost forthe D-Day memorial event at the museum. c) Newhaven Tlmes: Revenue from the sale of our journal the Newhaven Times, after printing costs, was 352.87. This is partly due to Dees News selling the journal on our behalf. Speclal mentlon: A thank you to Dees News for their continued support in selling the Newhaven Times. Special thanks to Bryan Berry for his donation of £500. Thank you to the Vietnamese Embassy for the donation of £500 to help with decorating. Many thanks to our Accounts Examiner, Mr Tony Richardson, who again completed the examination of the society's accounts. Stefan Storoszko- Honorary Treasurer Newhaven Historical Society. NEWHAVEN HISTORICAL SOCIETY Year Ended 31st December 2024 RECEIPTS AND PAYMENTS ACCOUNT 2023 General Fund 2023 Restritted 2023 Total Fund 2024 General 2024 2024 To Restricted ￿1 Fund INCOME Mèmbershlp fees Postsge of Newhaven Tlmes Sales of Newhaven Tlmes 1,494.69 220.48 1,494.69 220.48 L762.79 1,762.79 354.23 354.23 617.12 617. 12 875.87 875.87 Donation5 936.56 936.56 1,666.36 1,666.36 8eque$ts and In Memorlum donatltsns Grants Museum AdmFsslon$ 1,374.18 1,273.44 1.374.18 1,668.36 1.668.36 Sgles of p05tcards, maps ibooks, DVDS etc. Shop sales vla strlpe Talk odm15$1on5 1,273.44 1,542.50 1,542.50 214.76 214.76 189.49 189.49 Raffle tkket sales IHlllcrest talks) Intsrest re¢el¥ed 438.10 438.10 590.50 590.50 523.58 523.58 983.50 983.50 N•tloMI knttery Brant MIS￿lIaneOuS Income 26,715.00 26,715.00 70.00 14.00 14.00 70.00 60.93 60.93 Totsl Income 7,162.91 26,715.00 33,877,91 9,694.53 14.00 9,708.53 EXPENDITURE Museum gaslelettrldtylrent Insurance for museum 442.65 442.65 662.70 662.70 151.20 151.20 151.20 151.20 Museum malntenance and refurblshment 170.58 170.58 251.55 251.55 Membèrshlp of other sodetleg Webslte costs 35.00 35.00 35.00 35.00 226.56 226.56 169.92 169.92 Mweum Artlfart Preservatlon 1,360.69 83.10 1,360.69 83.10 455.74 455.74 Purthast of pjsttards, maps, b¢)oks. DVDS ètc. Shop refund Vla Strlpe Newha¥èn Tlmes costs 134.49 134.49 20.00 20.00 432.00 432.00 523.00 523.00 Raffle prlzes (Hllltrèst talks) Hlllttest Hall hlre 163.09 163.09 240.80 240.80 209.68 209.68 249.72 249.72 Hlllcre5t speaker5 ￿•$ Posta￿. Statlonary&Seuetary'slOther Expens•$ Glfts to long sewvlng and retlrlng member5 Attount Examlners fee 260.00 260.00 375.00 375.(K) 280.12 280. 12 247.16 247.16 99.94 99.94 95.25 95.25 Advertislng Bank Charges 264.20 264.20 125.00 125.00 95.56 95.56 107.82 107.82 National Lottery Spènd Mlscellaneous expense5 Total Payments 5,370.61 5,370.61 213.89 3,525.12 3,525.12 124.30 213.89 124.30 4,488.26 5,370.61 9,858.87 3,968.65 3,525.12 7,493.77 EX￿$S/{DeficIt} of Expenditure over Receipts for the year 2,674.65 21,344.39 24,019.04 5,725.88 13,511.121 2,214.76 Registered Charity in England and Wales number 1171675 NEWHAVEN HISTORICAL SOCIETY Year Ended 31st December 2024 BALANCE SHEET 2023 General 2023 Restrirted Fund 2024 General 2024 Restricted 20 General Fund Total fund5 at l January ExcessllDelcltl of Income over Expendlture trjntrlbutlon to Museum P¢olect Fund General Fund at Year End 29,445.72 2,674.65 15,000.001 27,120.37 29,445.72 2,674.65 15,000.001 27,120.37 27,120.37 5.725.88 27,120.37 5,725.88 32,846.25 32,846.25 Museum Project Fund Nètk>nal Lottery Grant ContrIbutl￿ from Newhjven HI5torl¢41 Soclety Expendlture In the ￿#r Museum Project Fund at end of Perlod 26,715.00 26,715.00 5,000.00 5,000.00 15,370.611 15,370.611 26,344.39 26,344.39 26,344.39 26,344.39 13,511.121 13,511.121 22,833.27 22,833.27 Total Funds at End of Period 27,120.37 26,344.39 53,464.76 32,846.25 22,833.27 55,679.52 Represented by: HSBC Bank Current Accourrt 4,646.06 159.73 4,646.06 159.73 2,812.84 224.21 2,812.84 224.21 Cash In hand and non-cash not banked HSBC Bank Deposot Attount 22,314.58 26,344.39 48,658.97 29,809.20 22,833.27 27,120.37 26,344.39 53,464.76 32,846.25 22.833.27 52,642.47 55.679.52 OK Restricted Fund The money in the Restricted Fund can only be used for the purpose it was granted for. That purpose being the improvementto the Newhaven Historical Society and Museum, the details of which are recorded in the grant application. The grant cannot be used for any other purpose, hence it is known as a restricted fund. Registered Charity in England and Wales number 1171675 Independent Examiner's Report to the Trustees of Newhaven Historical Society Regi8tsred Charity No. 1171675 I report to the trustees on my examination of the accounts of Newhaven Hlstorical Society (the Society) for the year ended 31 December 2024 Re8pon8lbllltle8 and ba818 of report As the charfty trustees of the S￿￿ety, you are responsible for the preparatlon of the accounts in accordance with the requlrements of the Charfties Act 2011 ('the Act,). I report in respect of my examln8tion ol the Society's accounts carried out under sectlon 145 of the 2011 Act and In carrying out my examinatlon I have followed all the applicable Dlrectlons given by the Charity Commlsslon under section 145(5){b) of th8 Act Independent examlneV8 8tatom•nt I have completed my examlnatlon. I conflrm that no materlal matters have com8 to my attention in connection with the examlnats'on giving me cause to believe that in any materlal respect.. accountlng records were not kept In respect of the Trust as required by section 130 of the Act., or 2. the accounts do not accord wlth those records; or 3. the accounts do not comply with the appll¢able requirements concernlng the form and content of accounts set out in the Charitles (Accounts and Reports) Regulatlons 2008 other than any requirement that the accounts glve a 'true and falr vlew whlch Is not a matter consldered as part of an Independentexaminatlon. I have no concem8 and have come across no other matters In connectlon with th• examination to whlch attention should be drawn in thls report In order to enable a prop8r understandlng of the accounts to be reached. Slgned Dated 11 February 2025 A M Richardson, FCCA 12 Went Hill Park Seaford BN25 4QD