OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

Morecambe Bay Partnership

Trustees Annual Report and Unaudited Financial Statements Year ended 31 March 2021

Charity registration - 1173489

Year ended 31 March 2021

Morecambe Bay Partnership Annual report and financial statements

Contents

Contents
Legal and administrative information 4
Chairman’s report 5
Trustees annual report 6
Objectives and activities 6
Achievements and performance in the year 7
Plans for the future 9
Structure, governance & management 9
Financial review 10
Statement of Board of Trustees’ responsibilities 10
Independent examiner’s report 12
Statement of fnancial activities 14
Balance sheet 15
Notes to the fnancial statements 16

Charity number 1173489

3

Morecambe Bay Partnership Annual report and financial statements

Year ended 31 March 2021

Legal and administrative information

Charity name

Morecambe Bay Partnership

Charity registration no.

1173489

Registered office and contact details

Unit 9C The Factory Castle Mills Aynam Road Kendal LA9 7DE

Trustees

Thomas Burditt Chair Kerry Powell Vice-chair Zephie S Begolo (appointed 1 July 2020) Amanda D Finan (appointed 1 July 2020) Mark Holroyd (appointed 1 July 2020) Emma Parsons Dr William D Shannon (appointed 1 July 2020) Mike Turner Georgina Young (appointed 1 July 2020)

Independent examiner

Andy Nash Accounting & Consultancy Ltd Units 24 & 25 Goodsheds Container Village Hood Road Barry CF62 5QU

Charity number 1173489

4

Year ended 31 March 2021

Morecambe Bay Partnership Annual report and financial statements

Chairman’s report

What an interesting year 2020/21 was! It marked the first full year of us operating as an independent CIO, the announcement that our longstanding CEO was retiring and of course, the global pandemic. Despite the significant challenges brought by COVID-19, we adapted well and moved some of our community and face-to-face work online. This included the hugely successful Sunset Series of regular events, bringing us all together virtually when we could not meet in person. We regularly welcomed 80-100 people from all over the world to hear about the Bay from a vast array of knowledgeable people. These events were so successful that we have continued throughout 2021 and are looking to do so in 2022.

We are very grateful to our ever-resourceful staff team who have managed to keep the charity on track during these difficult times. And a huge thank you to those volunteers who have felt able to continue to support us in whatever way they can; we are looking forward to welcoming you back very soon.

In early 2021 we began the process of recruiting a new CEO to take up the reins on Susannah Bleakley’s retirement and in May we announced that Sarah Mason would take up the post in August. I am thrilled to say that we can see exciting times and great opportunities ahead, with the commencement of our ambitious Experience Morecambe Bay Programme and continuation of our three nature and heritage programmes; Life on the Edge, Back on our Map and Defending the Docks. Working with the Morecambe Bay Local Nature Partnership, Eden Project North and other partners we will continue to strive to make the Bay an even more special place to live, work and visit.

My thanks to all the staff, partners and funders for playing your part in this tricky year.

TOM BURDITT CHAIR OF TRUSTEES

Charity number 1173489

5

Morecambe Bay Partnership Annual report and financial statements

Year ended 31 March 2021

Trustees annual report

The Board of Trustees submit their annual report and the financial statements of Morecambe Bay Partnership for the year ended 31 March 2021.

The Board of Trustees confirms that the annual report and financial statements of the Charity comply with current statutory requirements, including the Charity Act 2011, as well as the requirements of the Society’s governing document and the provisions of the ‘Charities SORP (FRS 102) - 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 (FRS 102) second edition (effective 1 January 2019)’, and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

Objectives and activities

The objects of the charity are:

To promote the conservation, protection and improvement of the physical and natural environment of Morecambe Bay for public benefit, in particular through the protection and maintenance of the Bay’s coastal and marine environments.

To advance the education of the public in the natural and cultural history, conservation, environment and management of Morecambe Bay.

To develop the capacity and skills of the members of the socially and economically disadvantaged community of Morecambe Bay in such a way that they are better able to identify and help meet their needs and to participate more fully in society.

To provide or assist in the provision of facilities in the interest of social welfare for recreation or leisure time occupation of individuals in the Morecambe Bay area who have need of such facilities by reason of their youth, age infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life.

Public Beneft

The trustees confirm that they have complied with their duty to have due regard to the Charity Commission’s general guidance on public benefit. The charity fulfils its objects and delivers its public benefit as described below:

The public benefits that flow from our objects namely:

Object 1 (promotion of conservation), Object 2 (education), Object 3 (supporting community especially disadvantaged) and Object 4 (recreation) include:

An enhanced environment, leading to improved health and a better quality of life for all.

Raised awareness and understanding of local natural and cultural heritage, environmental issues and the richness of local heritage as well as the context of how this fits to wider global issues.

An enhanced quality of life and sense of well-being through stronger connectedness and engagement between people and nature in our locality.

New and increased opportunities to engage and participate in activities and events which bring people together, leading to greater social cohesion and fulfilment, improvements in physical and emotional well-being, quality of life and a more stable and cohesive community.

Charity number 1173489

6

Year ended 31 March 2021

Morecambe Bay Partnership Annual report and financial statements

New facilities, events and opportunities for some of the most disadvantaged to participate in activities including access to the outdoors, cycling, walking and other artistic endeavours.

Achievements and performance in the year

Main Activities of the Year

LoveMyBeach; this national project aims to inspire and change perceptions and values of key decision makers, the media, politicians, the private sector and the wider community. It delivers improvements to bathing water quality through innovative methods of collaborative engagement. The Morecambe Bay community engagement project works to improve the coastal environments in our area, supporting the delivery of strategic level partnerships whilst inspiring the community through campaigns and events to take positive steps to care for their beaches.

Outputs: 13 coastal habitats improved (60km); 561 active volunteers gave 550 hours; 58 events; 2.9 tonnes of litter collected; 500 reusable sanitary items distributed to local women; 180 teenagers engaged through Girl Guides; 500 leaflets about motorhome waste management distributed to 40 tourism businesses/ organisations.

Bay Cycle Way; this project creates an opportunity for people to celebrate their achievements cycling the Bay Cycle Way and to raise the profile of the route by providing sculptural signage at the start and finish of the route, creating memorable photo and social media post opportunities.

Outputs: Planning permission achieved on two sites, Scheduled Monument Consent on another, signs designed and hand crafted ready for installation.

More to Explore; this project increases access to the coast and countryside for people with poor mobility, by providing off-road mobility vehicle hire points and new accessible routes.

Outputs: A new Tramper Hire point created at Grange over Sands; two new accessible routes created from there and 14 local volunteers recruited and trained to operate the hire points working with Light up Lives CiC.

Exploring Morecambe Bay: this project aims to give 240 children from areas of high economic deprivation around Lancaster & Morecambe, memorable, joyful and enriching experiences in the landscape. We connect them with their local nature and heritage giving them a sense of place through exploration and discovery workshops.

Outputs: planning workshops and liaising with schools ready for delivery in 2021/22 (delivery delayed due to COVID-19 restrictions

Back on Our Map (BOOM): this project aims to transform the biodiversity around Morecambe Bay in south Cumbria and bring back native species that are now locally extinct or very rare. The project is rooted in community action and also aims to increase community connections with nature, especially in areas of high deprivation, and generate lasting change and continued natural heritage restoration led by the community into the future. Working together, the aim is to connect up whole ecosystems and reverse biodiversity loss in the region for the long term. Morecambe Bay Partnership is leading on the community volunteering and nature engagement activities for the project.

Outputs: 211 volunteers involved through 25 activity days; 27 farmers and landowners engaged; 147 school children involved from 3 schools; 3 community consultations, 3 higher/further education events & 3 training webinars held; 10 digital outreach talks delivered. 12 sites were better managed; 1 species (dormouse) was reintroduced; 1396 trees were planted at 7 sites across the region; 11 sites were monitored; 54 people developed new skills and 1023 people became more aware of natural heritage.

Life on the Edge: The 4 year LIFE on the Edge (LOTE) project, across the UK, aims to improve the condition and long term resilience of key coastal Special Protected Areas (SPAs) and improve their condition. It is working to combat the considerable loss of intertidal habitat including saltmarsh, mudflat, shingle and dunes over the last 70 years. Around Morecambe Bay, the project aims to support breeding, migrating and wintering water birds which are under growing pressure. Morecambe Bay Partnership’s role is to lead on

Charity number 1173489

7

Morecambe Bay Partnership Annual report and financial statements

Year ended 31 March 2021

communication and interpretation for the general public, to develop best practice guidelines and a network of effective volunteers to reduce recreational disturbance of birds and nests; also to develop community engagement programmes to raise local awareness and undertake species monitoring and human behavioural studies in relation to the public use of these sites and the impact on the bird populations.

Outputs: development and planning phase in 2020/21 (delivery delayed due to COVID-19 restrictions).

Natural Ambassadors: A community volunteer project and public awareness campaign aiming to make it easier and appealing for people to appreciate local places, shift how they use them and ultimately reduce hard to birds by reducing recreational disturbance. The project supports and trains community volunteers to become natural ambassadors, empowering them to become long term volunteers and works in partnership with the RSPB and Natural England.

Outputs: delivery limited due to COVID-19 restrictions and activity will restart in Autumn 2021.

Birkrigg Common Bracken Management: this project is to manage vegetation growth at three nationally significant prehistoric monuments on Birkrigg Common, protecting the archaeological deposits and increasing biodiversity.

Outputs: delivery limited to due to COVID-19 restrictions. 1 practical session was held with 10 volunteers attending. Sites removed from the Heritage At Risk Register as a result.

Cultural Recovery for Heritage: this project helped to support Morecambe Bay Partnership and local communities to continue to protect the heritage of Morecambe Bay through the pandemic through a dynamic, digitally focused programme of activity.

Outputs: Recruitment of an Archaeology and Heritage Officer to deliver our projects and purchase of new electronic equipment for demonstration of complex applications. Staff trained in a wide range of digital skills that enable us to deliver better heritage programmes for our volunteers and support local heritage groups to do the same. Delivered 13 digital talks on the cultural and natural heritage of Morecambe Bay attracting over 1070 participants from Morecambe Bay and beyond.

Forests. Footprints and Fauna: This project has developed a network of trained volunteers to record and gain a better understanding of coastal exposures of palaeo-environmental deposits and features around the Cumbrian coast (with a focus on Walney and the Duddon Estuary).

Outputs: delivery limited to due to COVID-19 restrictions. An introductory talk was held on the early prehistoric landscape of the Bay attended by 160 people and viewed a further 403 times on YouTube. Outlines for six training sessions agreed with specialists and planned in detail; training materials produced or collected and an online learning platform set up. Volunteer recording protocols were established.

Impact of COVID-19

The period covered by this report included both government mandated lock-downs which has severely affected the charity’s ability to carry out face to face delivery of projects. Our plans had to be redrawn as we managed the rapid and frequent changes and challenges of the pandemic and its impact.

In response, Morecambe Bay Partnership has embraced digital technology, working from home and has demonstrated extreme resilience throughout the period. We have managed to successfully recruit new staff and only two staff took part-time furlough to manage the challenges of home-schooling and child care. We have worked on shorter than usual planning cycles throughout the period and are at time of writing (October 2021) embarking on the writing of our next Business Plan.

Charity number 1173489

8

Year ended 31 March 2021

Morecambe Bay Partnership Annual report and financial statements

Plans for the future

Our goals for 2021-2025 remain structured around the following strategic objectives:

Alongside this we continue to

Structure, governance & management

Morecambe Bay Partnership is a Charitable Incorporated Organisation (CIO), registered with the Charity Commission (registered charity number 1173489). It was incorporated on 20th June 2017, having previously operated as an unincorporated organisation since November 2001 (registered charity number 1089559).

Organisational Structure

Morecambe Bay Partnership’s Board of Trustees meets every three months and is responsible for the strategic direction and policy of the Charity, as well as oversight of the Charity’s operations.

The Chief Executive Officer of the Charity during this period was Susannah Bleakley (resigned 30th August 2021).

Selection and appointment of Trustees

As set out in the Constitution, the Chair of Trustees is nominated at a general meeting.

The constitution requires a minimum of 6 Trustees and a maximum of 12. Trustees who have served for more than three consecutive years in office must stand for re-appointment.

The objective is to have a range of appropriate skillsets across fields that are relevant to the Charity’s objectives. When recruiting new trustees, consideration is given to the existing trustees’ skills and experiences and trustees are sought with the additional skills required. Their appointment is by resolution of the Board of Directors/Trustees following which the required legal documentation is completed.

Trustee Induction and Training

On their appointment, new Trustees are provided with information, in the form of an induction pack, on their role as a Trustee. Ongoing training is provided as required.

Risk management

Trustees have reviewed the major risks to which the charity is exposed and systems or procedures have been put in place to manage those risks. A risk register is reviewed at each quarterly trustee meeting.

Charity number 1173489

9

Morecambe Bay Partnership Annual report and financial statements

Year ended 31 March 2021

Financial review

During the current financial year the Charity achieved a surplus of £8,268 (2020: surplus of £115,600). This resulted in total reserves increasing in the year to £354,666 (2020: £346,398).

The Trustees are satisfied with the financial performance of the Charity throughout the year.

Of the total reserves held at year end £188,095 (2020: £199,870) were unrestricted as to use, although only £90,206 (2020: £109,870) was available as general funds as a result of designations outlined in note 12 of the accounts.

Reserves policy

Morecambe Bay Partnership’s reserve policy is to hold in reserves an amount of money to cover financial emergencies, risk and allow the organisation, if necessary, to close down in good order and meet all its obligations so that no person or organisation would be left out of pocket.

The level of reserves has been set so that it is sufficient to cover four months full operating costs with additional reserves set aside for redundancy payments, HR and legal advice plus any other additional emergency/contingency costs.

At the year end, free reserves were £90,206 which is slightly below the required reserves level.

The reserves policy and the reserves limits are reviewed quarterly at each Trustees meeting.

Statement of Board of Trustees’ responsibilities

The Trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and regulations. Charity law requires the Trustees to prepare financial statements for each financial year. Under that law they are required to prepare the financial statements in accordance with UK Accounting Standards and applicable law (UK Generally Accepted Accounting Practice), including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland.

Under charity law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of the excess of income over expenditure for that year. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity’s transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the Charity and to prevent and detect fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the Charity’s website. Legislation in the UK governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. In addition, the Trustees confirm that they are happy that content of the annual review in pages 6 to 11 of this document meet the requirements of the Trustees’ Annual Report under charity law.

Charity number 1173489

10

Year ended 31 March 2021

Morecambe Bay Partnership Annual report and financial statements

They also confirm that the financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the Charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014.

This report was approved and authorised for issue by the Board of Trustees on 26 January 2022 and signed on its behalf by:

TOM BURDITT CHAIR OF TRUSTEES

Charity number 1173489

11

Morecambe Bay Partnership Annual report and financial statements

Year ended 31 March 2021

Independent examiner’s report

I report to the Trustees on my examination of the accounts of Morecambe Bay Partnership (Charity number 1173489) for the year ended 31 March 2021 which are set out on pages 14 to 29.

Respective responsibilities of trustees and examiner

The Charity’s Trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Charities Act). The Charity’s Trustees consider that an audit is not required for this year under section 144 of the Charities Act and that an independent examination is needed.

It is my responsibility to:

This report, including my statement, has been prepared for and only for the Charity’s Trustees as a body. My work has been undertaken so that I might state to the Charity’s Trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity’s Trustees as a body for my examination work, for this report, or for the statements I have made.

Basis of independent examiner’s statement

My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters.

The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England & Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

the accounts do not comply with the applicable requirements concerning 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.

Charity number 1173489

12

Year ended 31 March 2021

Morecambe Bay Partnership Annual report and financial statements

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 accounts to be reached.

ANDREW PHILIP NASH ACA

MEMBER OF THE INSTITUTE OF CHARTERED ACCOUNTANTS IN ENGLAND AND WALES – 2461833

DATED: 27 JANUARY 2022

Andy Nash Accounting & Consultancy Ltd Units 24 & 25 Goodsheds Container Village Hood Road Barry CF62 5QU

Charity number 1173489

13

Morecambe Bay Partnership Annual report and financial statements

Year ended 31 March 2021

Statement of financial activities

For the year ended 31 March 2021

Notes
Income from:
Donations and legacies
3
Charitable activities
4
Investments
Total income
Expenditure on:
Raising funds
5 & 6
Charitable activities
5 & 7
Total expenditure
Net income/(expenditure)
Transfers between funds
12 & 13
Net movement in funds
Reconciliation of funds
Funds brought forward
12 & 13
Funds carried forward
12 & 13
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
Year ended
Year ended
Year ended
Year ended
31 Mar 2021
31 Mar 2021
31 Mar 2021
31 Mar 2020
£
£
£
£
15,882
308,374
324,256
347,129
11,667
-
11,667
5,825
921
921
-
28,470
308,374
336,844
352,954
30,174
-
30,174
13,918
10,026
288,376
298,402
223,436
40,200
288,376
328,576
237,354
(11,730)
19,998
8,268
115,600
(45)
45
-
-
(11,775)
20,043
8,268
115,600
199,870
146,528
346,398
230,798
188,095
166,571
354,666
346,398

The notes on pages 16 to 29 form part of the financial statements.

Following a review of the financial structure during the year the cost allocation model has been reviewed to ensure costs are accurately recorded against the activity to which they should be attributed. As a result the Charity has chosen to represent the prior year figures using this model however total expenditure remains unchanged.

Charity number 1173489

14

Year ended 31 March 2021

Morecambe Bay Partnership Annual report and financial statements

Balance sheet

As at 31 March 2021

Notes
Fixed assets
Tangible assets
9
Current assets
Debtors and prepayments
10
Cash at bank and in hand
Total current assets
Creditors
Amounts falling due within
one year
11
Net current assets
Net assets
Funds of the charity
Restricted funds
12 & 13
Unrestricted funds
Designated funds
12 & 13
General funds
12 & 13
Unrestricted funds
Total funds
28,460
340,849
Total
Funds
Year ended
31 Mar 2021
£
20,539



334,127

2,549
329,080
Total
Funds
Year ended
31 Mar 2020
£
25,674



320,724
369,309
(35,182)
331,629
(10,905)
97,889
90,206



90,000
109,870
354,666 346,398
166,571


188,095
146,528


199,870

354,666 346,398

The notes on pages 16 to 29 form part of the financial statements.

These financial statements were approved and authorised for issue by the Board of Trustees on 26 January 2022 and signed on their behalf by:

TOM BURDITT CHAIR OF TRUSTEES

Charity number 1173489

15

Morecambe Bay Partnership Annual report and financial statements

Year ended 31 March 2021

Notes to the financial statements

1. Accounting policies

Basis of preparation of the financial statements

The financial statements have been prepared in accordance with ‘Charities SORP (FRS 102) - 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 (FRS 102) second edition (effective 1 January 2019)’, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), including Update Bulletin 1, and relevant charities law.

The effect of any event relating to the year ended 31 March 2021, which occurred before the date of approval of the financial statements by the Board of Trustees has been included in the financial statements to the extent required to show a true and fair view of the state of affairs at 31 March 2021 and the results for the year ended on that date.

Under the exemption available to smaller charities the Board of Trustees has chosen not to include a Statement of Cash Flows within the financial statements.

The functional currency of the Charity is sterling and amounts in the financial statements are rounded to the nearest pound.

Legal status

Morecambe Bay Partnership is a charitable incorporated organisation registered in England & Wales, and meets the definition of a public benefit entity. The registered office is Unit 9C The Factory, Castle Mills, Aynam Road, Kendal, LA9 7DE.

Going concern

The financial statements have been prepared on the going concern basis as the Board of Trustees is confident that future reserves and future income is more than sufficient to meet current commitments. There are no material uncertainties that impact this assessment, and the ongoing COVID-19 global pandemic has had no material impact on this assessment.

Fund Accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Restricted funds are funds that are to be used in accordance with specific restrictions imposed by donors or that have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in note 10 of the financial statements.

Income

Income is recognised when the Charity has entitlement to the funds, any performance indicators attached to the item(s) of income have been met, it is probable that the income will be received, and the amount can be measured reliably.

Donations are recognised in full in the Statement of Financial Activities when entitled, receipt is probable and when the amount can be quantified with reasonable accuracy. Gift aid receivable is included when claimable – i.e. when the eligible donation is received.

Grant income is credited to the Statement of Financial Activities when received or receivable whichever is earlier, unless the grant relates to a future year, in which case it is deferred.

Charity number 1173489

16

Year ended 31 March 2021

Morecambe Bay Partnership Annual report and financial statements

1. Accounting policies (continued from previous page)

Income (continued from previous page)

Income from charitable activities is credited to the Statement of Financial Activities when received or receivable whichever is earlier, unless it relates to a specific future period or event, in which case it is deferred.

Expenditure and irrecoverable VAT

All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities.

Indirect costs, including governance costs, which cannot be directly attributed to activities, are allocated between activities proportionate to the direct costs incurred in those activities.

Irrecoverable VAT is charged against the category of expenditure for which it was incurred.

Tangible fixed assets and depreciation

Any assets costing more than £500 are capitalised other than those purchased using restricted funds.

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their residual value, over their useful life, on the following basis: Project equipment 20% reducing balance

Cash at bank and in hand

Cash at bank and in hand includes cash in hand, deposits with banks and funds that are readily convertible into cash at, or close to, their carrying values, but are not held for investment purposes.

Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount is applied.

Creditors

Creditors are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party, and the amount due to settle the obligation can be measured or estimated reliably.

Financial instruments

Basic financial instruments are measured at amortised cost other than investments which are measured at fair value.

Critical estimates and judgements

In preparing financial statements it is necessary to make certain judgements, estimates and assumptions that affect the amounts recognised in the financial statements. The treatment of tangible fixed assets is sensitive to changes in useful economic lives and residual values of assets. These are reassessed annually.

In the view of the Trustees in applying the accounting policies adopted, no judgements were required that have a significant effect on the amounts recognised in the financial statements nor do any estimates or assumptions made carry a significant risk of material adjustment in the next financial year.

Pensions

The Charity operates a defined contribution pension scheme which is administered by an external independent pension provider. Contributions are recognised in the Statement of Financial Activities as they fall due.

Charity number 1173489

17

Morecambe Bay Partnership Annual report and financial statements

Year ended 31 March 2021

2. Comparative statement of fnancial activities

3. Income from donations and legacies
Notes
Income from:
Donations and legacies
3
Charitable activities
4
Total income
Expenditure on:
Raising funds
5 & 6
Charitable activities
5 & 7
Total expenditure
Net income/(expenditure)
Transfers between funds
12 & 13
Net movement in funds
Reconciliation of funds
Funds brought forward
12 & 13
Funds carried forward
12 & 13
Grants
Donations
Grants
Donations
Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Mar 2020
31 Mar 2020
31 Mar 2020
£
£
£
94,162
252,967
347,129
2,643
3,182
5,825
96,805
256,149
352,954
13,918
-
13,918
12,472
210,964
223,436
26,390
210,964
237,354
70,415
45,185
115,600
11,234
(11,234)
-
81,649
33,951
115,600
118,221
112,577
230,798
199,870
146,528
346,398
Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Mar 2021
31 Mar 2021
31 Mar 2021
£
£
£
12,750
305,788
318,538
3,132
2,586
5,718
15,882
308,374
324,256
Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Mar 2020
31 Mar 2020
31 Mar 2020
£
£
£
93,243
252,783
346,026
919
184
1,103
94,162
252,967
347,129

3. Income from donations and legacies

Charity number 1173489

18

Year ended 31 March 2021

Morecambe Bay Partnership Annual report and financial statements

  1. Income from charitable activities
Income from map sales
Other activities
Income from map sales
Other activities
Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Mar 2021
31 Mar 2021
31 Mar 2021
£
£
£
2,684
-
2,684
8,983
-
8,983
11,667
-
11,667
Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Mar 2020
31 Mar 2020
31 Mar 2020
£
£
£
1,098
3,033
4,131
1,545
149
1,694
2,643
3,182
5,825

Charity number 1173489

19

Morecambe Bay Partnership Annual report and financial statements

Year ended 31 March 2021

5. Total expenditure

Raising funds
Charitable activities
Raising funds
Charitable activities
Staff
Other direct
Indirect
costs
costs
costs
Total
Year ended
Year ended
Year ended
Year ended
31 Mar 2021
31 Mar 2021
31 Mar 2021
31 Mar 2021
£
£
£
£
25,223
343
4,608
30,174
203,599
49,230
45,573
298,402
228,822
49,573
50,181
328,576
Staff
Other direct
Indirect
costs
costs
costs
Total
Year ended
Year ended
Year ended
Year ended
31 Mar 2020
31 Mar 2020
31 Mar 2020
31 Mar 2020
£
£
£
£
11,909
-
2,009
13,918
143,973
47,217
32,246
223,436
155,882
47,217
34,255
237,354

Following a review of the financial structure during the year the cost allocation model has been reviewed to ensure costs are accurately recorded against the activity to which they should be attributed. As a result the Charity has chosen to represent the prior year figures using this model however total expenditure remains unchanged.

Indirect costs, including governance costs, which cannot be directly attributed to activities, were allocated between cost centres proportionate to the direct staff and other costs allocated to those activities.

An analysis of costs of raising funds split between restricted and unrestricted funds can be found in note 6.

An analysis of charitable activities split between restricted and unrestricted funds can be found in note 7.

An analysis of staff costs can be found in note 8.

Indirect costs includes:

Other people costs
Professional services
Premises
Administration
Governance
Total
Total
Year ended
Year ended
31 Mar 2021
31 Mar 2020
£
£
6,540
7,571
31,523
6,566
8,025
6,341
2,063
4,082
2,030
9,695
50,181
34,255

Charity number 1173489

20

Year ended 31 March 2021

Morecambe Bay Partnership Annual report and financial statements

5. Total expenditure (continued from previous page)

Governance costs includes:

Independent examination and accounts preparation
Insurance
Total
Total
Year ended
Year ended
31 Mar 2021
31 Mar 2020
£
£
1,800
3,793
230
5,902
2,030
9,695

Other services provided by the independent examiner include support with reviewing the set-up of Donorfy and Xero, as well as training on budgeting totalling £2,400.

6. Expenditure on raising funds

Staff costs
Other direct costs
Indirect costs
Staff costs
Indirect costs
Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Mar 2021
31 Mar 2021
31 Mar 2021
£
£
£
25,223
-
25,223
343
-
343
4,608
-
4,608
30,174
-
30,174
Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Mar 2020
31 Mar 2020
31 Mar 2020
£
£
£
11,909
-
11,909
2,009
-
2,009
13,918
-
13,918

Following a review of the financial structure during the year the cost allocation model has been reviewed to ensure costs are accurately recorded against the activity to which they should be attributed. As a result the Charity has chosen to represent the prior year figures using this model however total expenditure remains unchanged.

Charity number 1173489

21

Morecambe Bay Partnership Annual report and financial statements

Year ended 31 March 2021

7. Expenditure on charitable activities

Staff costs
Other direct costs
Indirect costs
Staff costs
Other direct costs
Indirect costs
Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Mar 2021
31 Mar 2021
31 Mar 2021
£
£
£
6,841
196,758
203,599
1,654
47,576
49,230
1,531
44,042
45,573
10,026
288,376
298,402
Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Mar 2020
31 Mar 2020
31 Mar 2020
£
£
£
8,036
135,937
143,973
2,636
44,581
47,217
1,800
30,446
32,246
12,472
210,964
223,436

Following a review of the financial structure during the year the cost allocation model has been reviewed to ensure costs are accurately recorded against the activity to which they should be attributed. As a result the Charity has chosen to represent the prior year figures using this model however total expenditure remains unchanged.

8. Staff costs

Salaries
Employer’s NIC
Employer’s pension
Total
Total
Year ended
Year ended
31 Mar 2021
31 Mar 2020
£
£
193,725
136,568
13,838
7,831
21,259
11,483
228,822
155,882

The average headcount during the period was 9 persons (2020: 7 persons).

No employee received employee benefits above £60,000.

The total employee benefits paid to key management personnel during the year was £80,709.

Charity number 1173489

22

Year ended 31 March 2021

Morecambe Bay Partnership Annual report and financial statements

9. Tangible fxed assets

10. Debtors and prepayments
11. Creditors: amounts falling due within one year
Cost
As at 1 April 2020
As at 31 March 2021
Accumulated depreciation
As at 1 April 2020
Charge for year
As at 31 March 2021
Net book value
As at 1 April 2020
As at 31 March 2021
Trade debtors
Prepayments
Accrued grant income
Accounts payable
Pension control account
Accruals
Deferred revenue
Project
Total
equipment
Total
£
£
38,906
38,906
38,906
38,906
13,232
13,232
5,135
5,135
18,367
18,367
25,674
25,674
20,539
20,539
Total
Total
Year ended
Year ended
31 Mar 2021
31 Mar 2020
£
£
16,753
2,168
225
381
11,482
-
28,460
2,549
Total
Total
Year ended
Year ended
31 Mar 2021
31 Mar 2020
£
£
3,353
7,492
7,078
1,113
1,931
2,300
22,820
-
35,182
10,905

Deferred income consists of grants received in 2020-2021 for the next financial period.

Charity number 1173489

23

Morecambe Bay Partnership Annual report and financial statements

Year ended 31 March 2021

12. Analysis of charity funds

Unrestricted funds
Designated funds
Contingency
Redundancy
Designated funds
General funds
Unrestricted funds
Restricted funds
Areti Project
Arnside Viaduct
Birds
BOOM
CCC Natural England 2016
CCF III
CCF5 Prestart
CGP - Ulverston Council
Cultural Recovery Fund
Curlews
EOCA
Forests,
footprints
and
fauna
H2H LT MGT
Halpin
Historic England
Lancaster Canal
LOVEmyBEACH
LOTE RSPB
Natural
England
Natural
Ambassadors
Natural England Wildfowl
NLHF Emergency Fund
Orsted
Sea Changers
Tree Council
WAMM
Restricted funds
Total funds
Balance
Income
Expenditure
Transfers
Balance
brought
in
in
between
carried
forward
period
period
funds
forward
Year ended
Year ended
Year ended
Year ended
Year ended
31 Mar 2021
31 Mar 2021
31 Mar 2021
31 Mar 2021
31 Mar 2021
£
£
£
£
£
90,000
-
-
-
90,000
-
-
-
7,889
7,889
90,000
-
-
7,889
97,889
109,870
28,470
(40,200)
(7,934)
90,206
199,870
28,470
(40,200)
(45)
188,095
13,299
13,299
18,780
18,780
4
-
(4)
-
-
(14,398)
48,506
(34,123)
15
-
7,744
-
-
(391)
7,353
69,117
-
(24,450)
-
44,667
-
1,177
(1,177)
-
-
1,000
-
(198)
-
802
-
56,880
(50,150)
-
6,730
-
3,112
(1,009)
-
2,103
-
2,642
(14)
-
2,628

15,040
-
(1,494)
-
13,546
15,383
-
(1,580)
-
13,803
6,985
-
(90)
-
6,895
-
39,798
(39,798)
-
-
260
-
(260)
-
-
11,030
50,000
(47,465)
-
13,565
-
3,750
-
-
3,750

-
5,000
(5,030)
30
-
3,030
-
-
-
3,030
-
50,000
(50,000)
-
-
(12,695)
28,809
(12,834)
-
3,280
209
-
-
391
600
-
1,700
(1,700)
-
-
11,740
17,000
(17,000)
-
11,740
146,528
308,374
(288,376)
45
166,571
346,398
336,844
(328,576)
-
354,666

Charity number 1173489

24

Year ended 31 March 2021

Morecambe Bay Partnership Annual report and financial statements

12. Analysis of charity funds (continued from previous page)

Contingency

These are funds set aside by the trustees to cover any short-term unexpected drop in income to protect project delivery.

Redundancy

These are funds set aside by the trustees to cover any future redundancy costs.

Areti Project

A fund awarded by The Areti Charitable Trust. Project aims - to give 240 children, some brilliant, rich, memorable, joyful experiences of nature through visiting Sunderland Point.

Arnside Viaduct - Arnside Cycling & Walking Trail

This project aims to connect the community with, and develop the business case for, the long-term development of a new foot/cycle bridge over Arnside Viaduct, a significant coastal heritage asset.

Birds and Orsted (Walney Extension Fund)

The project focusses on the local community and their everyday lives. A far reaching awareness-raising campaign will make it easier and more appealing for people to appreciate local places, shift how they use them and reduce harm to birds. The project will support and train community volunteers to become natural ambassadors; empowering them to become long term volunteers who will continue their work beyond the life of the project. Key partners involved in this project are the RSPB and Natural England (NE).

BOOM

A collaboration with the University of Cumbria, funded by the National Lottery Heritage Fund. The Back On Our Map (BOOM) project delivers a number of outcomes for both environmental heritage and peoples’ experience of it. The project aims to transform the biodiversity of South Cumbria by undertaking species reintroductions across the landscape, and to similarly transform its people and communities to generate lasting change, and continued natural heritage restoration led by the community once the BOOM project ends.

CCC - Natural England 2016

Continuation of the Natural Ambassadors project and fund the provision of nature related projects within the charity.

CCF III (Coastal Communities Fund —Round 3)

This concerns ‘Destination Morecambe Bay’ —a scheme which aims to make Morecambe Bay the best and most inspired example of sustainable tourism growth in the UK, creating a ‘must visit’ destination, and supporting businesses to deliver more jobs. The Scheme aims to accelerate growth in the visitor economy, and market Morecambe Bay as a whole destination offering exciting visitor experiences. Funds to be used in the management of Tramper provision within the area. Trampers are all-terrain mobility scooters which are safe to use on most kinds of rough ground but also on pavements and walkways and provide access to the countryside for those who may not always feel they are able to.

CCF 5 (Coastal Communities Fund —Round 5) Prestart

This was a small amount received to provide professional support in the lead up to the new round of funding.

Charity number 1173489

25

Morecambe Bay Partnership Annual report and financial statements

Year ended 31 March 2021

  1. Analysis of charity funds (continued from previous page)

CGP —Ulverston Council

This funding supports volunteer conservation work at Birkrigg Common which contains three nationally important (scheduled) archaeological monuments, including a rare concentric stone circle. The sites are under threat from bracken and neglect and have been on the Heritage at Risk Register. Work has begun on site - namely long-term protection by supporting seasonal vegetation clearance by teams of local volunteers. Volunteers work with experts to conserve nationally important heritage and ecological sites.

Cultural Recovery Fund

This funding supports the ongoing recovery of the organisation following the global COVID-19 pandemic.

Curlews

This funding supports local communities in the Lythe Valley to protect Curlews.

EOCA

This funding supports the ongoing Love my Beach project, which helps people to connect to their coastal environment and protect it through litter picking and other environmental improvements.

Forests, Footprints and Fauna

CWAAS (Cumberland 8 Westmorland Antiquarian and Archaeological Society) - This is a volunteer-led research project entitled ‘Footprints, Forest and Fauna’ on the palaeoenvironmental deposits of Cumbria/ Morecambe Bay. Such deposits and features are regularly exposed in Morecambe Bay. The project seeks to expand research, recording and understanding of submerged forests, exposed footprints, faunal assemblages and palaeoenvironmental deposits around the Cumbrian coastline, with a particular focus on the Furness Peninsula and Duddon Estuary.

H2H LT MGT - Headlands 2 Headspace —Long Term Management

To continue the work of the H2H project and maintain the upkeep of the Birds of the Bay sculptures and continuation of the Morecambe Bay Lives Projects.

Halpin

This grant has helped Morecambe Bay Partnership to develop new skills and implement activities which move to diversify our income from being wholly reliant on grants to include income from individuals and legacies.

Historic England

This funding supports the ongoing archealogy work.

Lancaster Canal - Regeneration Project

This is a dedicated partnership of local authorities and charities who are currently working together to create an accessible and interpreted Kendal to Lancaster Towpath Trail. This flagship project aims to improve accessibility and interpretation along the canal. As this is a service level agreement with MBP it has now been treated as an unrestricted service level agreement.

LOVEmyBEACH

This is a public engagement campaign focused on improving beaches and bathing water quality across the North West —Morecambe Bay Partnership works with funders United Utilities (UU), and the Environment Agency (EA), covering the Morecambe Bay and Cumbria region. We work with local authorities, schools, businesses and youth groups to spread LOVEmyBEACH messages.

Charity number 1173489

26

Year ended 31 March 2021

Morecambe Bay Partnership Annual report and financial statements

12. Analysis of charity funds (continued from previous page)

LOTE RSPB

The Life on the Edge (LOTE) project seeks to protect the breeding and overwintering wading birds of Morecambe Bay through innovative methods of communication and engagement.

Natural England (NE) Natural Ambassadors

A partnership project between Natural England and Morecambe Bay Partnership the purpose of which is to develop ambassadors for the natural habitats around Morecambe Bay.

Natural England (NE) Wildfowl

A partnership project between Natural England and Morecambe Bay Partnership the purpose of which is to further positive management of Morecambe Bay and Duddon Estuary Site of Special Scientific Interest (SSSI) though support for stakeholders who are in a position to support the delivery of conservation objectives. Specifically, funding to facilitate the Wildfowlers liaison meetings.

Sea Changers

A project to provide equipment and training to kick-start a new volunteer group to ring birds in Morecambe Bay. A new ringing group for Morecambe Bay achieves much better data to support coastal bird conservation.

WAMM - (Wholescale Approach to Marine Management)

This is a 16 month project funded by the European Maritime and Fisheries Fund (EMFF) and hosted by The Rivers Trust. The aim of the project is to support a collaborative approach to the management of estuarine and coastal waters in and around Morecambe Bay; chosen as the primary pilot location.

Charity number 1173489

27

Morecambe Bay Partnership Annual report and financial statements

Year ended 31 March 2021

12. Analysis of charity funds (continued from previous page)

Unrestricted funds
Designated funds
Contingency
Designated funds
General funds
Unrestricted funds
Restricted funds
Areti Project
Arnside Viaduct
Bay Cycle Way
Birds
BOOM
CCC Natural England 2016
CCF III
CGP - Ulverston Council
Forests,
footprints
and
fauna
H2H LT MGT
Halpin
Lancaster Canal
LOVEmyBEACH
Natural England Wildfowl
Orsted
Resilient Heritage
Sea Changers
WAMM
Restricted funds
Total funds
Balance
Income
Expenditure
Transfers
Balance
brought
in
in
between
carried
forward
period
period
funds
forward
Year ended
Year ended
Year ended
Year ended
Year ended
31 Mar 2020
31 Mar 2020
31 Mar 2020
31 Mar 2020
31 Mar 2020
£
£
£
£
£
-
-
-
90,000
90,000
-
-
-
90,000
90,000
118,221
96,805
(26,390)
(78,766)
109,870
118,221
96,805
(26,390)
11,234
199,870
10,000
13,300
(9,843)
(158)
13,299
18,780
-
-
-
18,780
-
-
(1,668)
1,668
-
-
214
-
(210)
4
-
3,544
(13,836)
(4,106)
(14,398)
-
9,950
(2,206)
-
7,744
7,654
105,276
(41,539)
(2,274)
69,117
-
1,000
-
-
1,000

-
15,040
-
-
15,040
15,936
17,818
(18,270)
(101)
15,383
19,308
-
(12,192)
(131)
6,985
-
11,150
(11,115)
225
260
12,577
49,039
(49,347)
(1,239)
11,030
-
5,000
(1,970)
-
3,030
-
-
(12,695)
-
(12,695)
28,322
2,218
(30,632)
92
-
-
600
(391)
-
209
-
22,000
(5,260)
(5,000)
11,740
112,577
256,149
(210,964)
(11,234)
146,528
230,798
352,954
(237,354)
-
346,398

Charity number 1173489

28

Year ended 31 March 2021

Morecambe Bay Partnership Annual report and financial statements

13. Analysis of net assets

Fixed assets
Current assets
Current liabilities
Fixed assets
Current assets
Current liabilities
Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Mar 2021
31 Mar 2021
31 Mar 2021
£
£
£
20,539
-
20,539
202,738
166,571
369,309
(35,182)
-
(35,182)
188,095
166,571
354,666
Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Mar 2020
31 Mar 2020
31 Mar 2020
£
£
£
25,674
-
25,674
162,281
169,348
331,629
11,915
(22,820)
(10,905)
199,870
146,528
346,398

14. Trustee remuneration

During the year, no trustee received any remuneration (2020: £Nil). No members of the Board of Trustees received reimbursement of expenses (2020: £Nil).

15. Related party transactions

During the year there were no related party transactions (2020: £Nil).

Charity number 1173489

29

MORECAMBE BAY PARTNERSHIP