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2020-11-30-accounts

Trustees’ Annual Report for the period

From 1[st] December 2019 To 30[th] November 2020

Charity name: Waterside Community Trust

Charity registration number: 1174631

Objectives and Activities
SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17
To promote for the benefit of the inhabitants
of Ryde, Isle of Wight and the surrounding
area the provision of facilities for recreation
or other leisure time occupation of
individuals who have need of such facilities
by reason of their youth, age, infirmity or
disablement, financial hardship or social
and economic circumstance or for the public
at large in the interests of social welfare and
with the object of improving the condition of
life of said inhabitants.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.		 Para 1.17 and 1.19
Swimming lessons for school students,
individuals, groups and adult learners.

Casual and lane swimming,

Water aerobic classes/keep fit etc

Provision of leisure activity such a children’s
parties.

Provision of water safety education through
lifeguards, rookies and swimming teacher
programmes.

Provision of a free to use Water Splash Park
for mothers and toddlers (seasonal)

Provision of seasonal beach lifeguard
patrols (separate contract with Ryde Town
Council)

Provision as a talent feeder into Ryde
Swimming Club, streamlining talented
swimmers to go on to club level to compete
as an elite swimmer.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public benefit		 Para 1.18
The Trustees of Waterside Community Trust
are fully compliant with the rules governing
charitable bodies.

Trustees obtain no financial gain either
monetary or in kind from serving as
Trustees.

Additional information (optional) You may choose to include further statements where relevant about:
SORP reference
Policy on grant making Para 1.38 n/a
Policy on social investment
including program related
investment		 Para 1.38
It is policy that we offer a Community Swim
session each week. This session is
subsidised and targeted at low
waged/unwaged
Contribution made by
volunteers		 Para 1.38
The Trustees give their time on a voluntary
basis and encourage others within the
community to also volunteer.

A Trustee, together with the general
manager is responsible for co-ordinating the
action of volunteers
Other

Achievements and Performance

SORP reference

Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20
Waterside Community Trust operates a 25m
public swimming pool in a coastal seaside
town. Ryde on Isle of Wight is a mixed
community but the pool is located in one of
the most deprived wards in Isle of Wight
and UK.

Increasing obesity, the pandemic, and a rise
in diabetes presents a number of health,
mental and social wellbeing issues and
Waterside Pool offers a lifestyle choice, a
place to socialise, including a low price
‘community swim’ session.

On average in a normal year, the pool staff
teach 1000 children per week, provide class
lessons for 17 schools across the year, run
summer season beach lifeguarding and in a
separate town run ‘Swim Safe’ under the
auspices of the RNLI.

The facility breaks even financially which is
unusual for a stand alone commercial pool.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set		 Para 1.41
Performance of fundraising
activities against objectives
set		 Para 1.41
As stated the facility is currently
economically at an acceptable level despite
the pandemic - unusual for a public
swimming pool without the support of dry
side amenities.

Fundraising across the year has seen the
purchase of a new retractable pool cover in
2020. This has saved energy.

Successful grant applications saw the
purchase of a RIB (rigid inflatable boat) to
support beach lifeguarding in summer 2020.

Successful grant applications will also see
the purchase of an ATV (all terrain vehicle)
in 2021 to support Ryde Beach Lifeguards
and automatic mechanized front doors for
the main centre in 2021.

Successful grant applications will see
financial assistance to the Charity during the
pandemic from Ryde Town Council and the
Isle of Wight County Council and other
organisations in 2021.
Investment performance
against objectives		 Para 1.41
Other

Financial Review

inancial Review
Review of the charity’s
financial position at the end of
the period		 Para 1.21 The charity sustained a deficit of £9346 in the year to
30/11/20. It has received underpinning financial
support from Ryde Town Council to sustain it during
the pandemic.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 A minimum of £40,000 is held as a reserve against
major mechanical failure and, together with loss of
business insurance, is designed to cover three
months of wages and major repair as required
Amount of reserves held Para 1.22 Current free reserves are £141k.
Reasons for holding zero
reserves		 Para 1.22 n/a
Details of fund materially in
deficit		 Para 1.24 n/a
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 This charity is currently financially sound

Additional information (optional) You may choose to include further statements where relevant about:
The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47
Customer Income

In addition to the annual support grant of
£20k the charity also received £10k in
November from Ryde Town Council

Isle of Wight County Council also awarded
the charity £20k during the current financial
year.

Furlough payroll support £68k

Other organisations up to Nov 20.
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46 Social investment takes the form of:

A subsidised Community Swim.

Work with a local Blind and partially sighted
group.

School and individual swimming lessons

Aquafit for elderly client base

A ‘sensory swim’ class for a disabled group

There are plans to seek ways to work with
local charity Aspire Ryde – we have applied
for a joint grant with Aspire called Thriving
Communities in order to get a combined
project off the ground.

Our social investment policy is clarified in
our Constitution
A description of the principal
risks facing the charity		 Para 1.46
Catastrophic mechanical or structural failure

Flooding

Covid-19 pandemic – lack of operation and
reduced revenue

We maintain a Risk Register that highlights
both major and minor risk to business

Introduction of additional parking charges in
the adjacent area - This last has been
overcome.
Other n/a

Structure, Governance and Management
Description of charity’s trusts: n/a
Type of governing document
(trust deed, royal charter)		 Para 1.25 Trust Deed
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 CIO

Additional information (optional) You may choose to include further statements where relevant about:

----- Start of picture text -----
 When a skill set is required the Trustees
have advertised in an attempt to fill the role.
 During 2020 there was an unsuccessful
Policies and procedures Para 1.51 attempt to recruit a fundraiser.
adopted for the induction and
training of trustees
 Currently the charity has a board of nine
Trustees together with a representative of
The charity’s organisational Ryde Town Council (which organisation we
Para 1.51 partner because we serve that locality).
structure and any wider
 This group meets regularly and provides a
network with which the
strategic steer to our salaried General
charity works Manager and Deputy manager with whom
operational control rests.
 Day to day operations are led by a team of
duty managers.
 The charity has a sound working
relationship with the local town council and
with officers of the county council.
 It is exploring ways in which it can work
with local charity Aspire Ryde.
n/a
Relationship with any related Para 1.51
parties
n/a
Other
----- End of picture text -----

Reference and Administrative details
Charity name Waterside Community Trust
Other name the charity uses Waterside Pool (the name of the local facility)
Registered charity number 1174631
Charity’s principal address Waterside Community Trust
Waterside Pool
Esplanade
Ryde
PO33 1JA
watersidepool.co.uk

Names of the charity trustees who manage the charity

Trustee name Office (if any) Dates acted if not for
whole year		 Name of person (or body)
entitled to appoint trustee
(if any)
1 Keith Gentleman From 15th August
2017
2 Peter Taylor Treasurer From 15th August
2017
3 Ian Jenkins From 15th August
2017
4 Malcolm
Marshall		 From 24th February
2020
5 Conrad Gaunlett From 15th August
2017
6 Dr. Avril Martin From 24th February
7 Andre Kurowski Secretary From 15th August
2017
8 Mark Haslam From 15th August
2017
9 Georgina
Bottriell		 Chairman From 8th April 2019
10
11
12
13
14
15
16
17
18
19
20

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

----- Start of picture text -----
Signature(s)
Full name(s) [Georgina Bottriell] Peter Taylor
Position (eg Chairman Treasurer
Secretary, Chair, etc)
Date 15th February 2021 15 [th] February 2021
----- End of picture text -----

Period start date
01/12/2019
To
30/11/2020
Waterside Community Trust
Annual accounts for the period		 Period start date
01/12/2019
To
30/11/2020
Waterside Community Trust
Annual accounts for the period		 Period start date
01/12/2019
To
30/11/2020
Waterside Community Trust
Annual accounts for the period
Section A Statement of financial activities
Recommended categories by
activity
Incoming resources (Note 3)
Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Separate material item of income
Other
Resources expended (Note 5)
Expenditure on:
Raising funds
Charitable activities
Separate material item of expense
Other
Net gains/(losses) on investments
Extraordinary items (Note 6)
Other gains/(losses)
Transfer between funds
Reconciliation of funds:
Total
Net movement in funds
Total funds brought forward
Total funds carried forward
Total
Net income/(expenditure) before investment
gains/(losses)
Net income/(expenditure)
Transfer to Replacement Reserve
Gains and losses on revaluation of fixed assets for the charity’s own use		 Unrestricted
funds
Restricted
income funds
£
£
F01
F02		 Total funds
Prior year
funds
£
£
F04
F05
127,357
7,452
191,281
-
7,454
-
13,381
-
-
-
-
-		 134,809
62,576
191,281
390,649
7,454
24,812
13,381
20,289
-
-
-
-
339,473
7,452		 346,925
498,326
4,207
-
362,075
-
-
-
-
-		 4,207
7,384
362,075
459,204
-
-
-
349
366,282
-		 366,282
466,937
26,809
-
7,452		 19,357
-
31,389
-
-		 -
-
26,809
-
7,452		 19,357
-
31,389
-
-
-
-
-
-
-
17,463
17,463
-		 -
-
-
-
-
-
-
-
-
-
9,346
-
10,011
-		 19,357
-
31,389
150,857
17,463		 168,320
136,931
141,511
7,452		 148,963
168,320

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Section B Balance sheet

Fixed assets
Tangible assets (Note 9)
Total fixed assets
Current assets
Stocks (Note 10)
Debtors (Note 11)
Cash at bank and in hand (Note 12)
Total current assets
Creditors: amounts falling due within
one year (Note 13)
Net current assets/(liabilities)
Total assets less current liabilities
Total net assets or liabilities
Funds of the Charity
Unrestricted funds
Restricted Income Funds
Replacement Reserve
Total funds
Signed by one or two trustees on behalf of all
the trustees		 Unrestricted
funds
Restricted
Funds
Total this
year
Total last
year
£
01/12/2020
£
30/11/2019
F01
F03
F04
F05
42,899
- 42,899 39,953
42,899
- 42,899
39,953
6,628
- 6,628
6,527
8,744 - 8,744
12,671
148,000
7,452
155,452
197,677
163,372
7,452
170,824
216,875

64,760 - 64,760
88,508
98,612
7,452
106,064
128,367
141,511
7,452
148,963
168,320
141,511 7,452 148,963 168,320
101,511 - 101,511
110,857
- 7,452 7,452
17,463
40,000 - 40,000
40,000
141,511
7,452
148,963
168,320
Date of
approval
dd/mm/yyyy
15/02/2021
15/02/2021
Mrs G. Bottriell
P C Taylor JP FCA
Print Name

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Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The charity constitutes a public benefit entity as defined by FRS 102.*

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Section C Notes to the accounts (cont)

Section C Notes to the accounts (cont)
Note 2 Accounting policies 30/11/2020
INCOME
Recognition of income These are included in the Statement of Financial Activities (SoFA) when:
 the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and
 the monetary value can be measured with sufficient reliability.
There has been no offsetting of assets and liabilities, or income and expenses, unless required or
Offsetting permitted by the FRS 102 SORP or FRS 102.
Grants and donations are only included in the SoFA when the general income
Grants and donations recognition criteria are met (5.10 to 5.12 FRS102 SORP).
Government grants The charity has received government grants in the reporting period
Gift Aid receivable is included in income when there is a valid declaration from the
Tax reclaims on donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift
donations and gifts and is treated as an addition to the same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise.
Contractual income and This is only included in the SoFA once the charity has provided the related goods or
performance related services or met the performance related conditions.
grants
Donated goods Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
Donated services and Donated services and facilities are included in the SOFA when received at the value of
facilities the gift to the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
Support costs The charity has incurred expenditure on support costs.
Volunteer help The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
Income from interest, This is included in the accounts when receipt is probable and the amount receivable can
royalties and dividends be measured reliably.
Income from membership Membership subscriptions received in the nature of a gift are recognised in Donations
subscriptions and Legacies.
Membership subscriptions which gives a member the right to buy services or other

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p p g g y benefits are recognised as income earned from the provision of goods and services as income from charitable activities.

Insurance claims are only included in the SoFA when the general income recognition Settlement of insurance criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other claims income in the SoFA.

2.2 EXPENDITURE AND LIABILITIES

Liability recognition

Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Support costs have been allocated between governance costs and other support. Governance and support Governance costs comprise all costs involving public accountability of the charity and its costs compliance with regulation and good practice.

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Redundancy cost The charity made no redundancy payments during the reporting period.

Deferred income No material item of deferred income has been included in the accounts.

The charity has creditors which are measured at settlement amounts less any trade discounts

Creditors discounts A liability is measured on recognition at its historical cost and then subsequently Provisions for liabilities measured at the best estimate of the amount required to settle the obligation at the reporting date The charity accounts for basic financial instruments on initial recognition as per Basic financial paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 instruments to 11.19, FRS102 SORP.

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Section C Notes to the accounts (cont)

Note 3 Analysis of income

----- Start of picture text -----
Unrestricted Restricted
funds Funds Total funds Last Year
Analysis £ £
Donations Donations and gifts 7,946 7,452 15,398 31,120
and legacies: Gift Aid 837 - 837 300
Legacies - - - -
General grants provided by government/other
charities 116,126 - 116,126 21,500
Membership subscriptions and sponsorships
which are in substance donations
1,269 - 1,269 5,399
Donated goods, facilities and services - - - -
Other 1,179 - 1,179 4,257
Total 127,357 7,452 134,809 62,576
Charitable Membership swimming 44,560 - 44,560 85,304
activities: Individual Swimming 34,618 - 34,618 75,873
Swimming Lessons 67,659 - 67,659 142,626
Pool Hire 19,730 - 19,730 48,124
Lifeguarding, Splash Park and Courses 24,714 - 24,714 38,722
Total 191,281 - 191,281 390,649
Other trading Pedaloes - - - 8,740
activities: Food and shop sales 7,454 - 7,454 15,771
- - -
Other - - - 301
Total 7,454 - 7,454 24,812
Income from Interest income 364 - 364 610
investments: Dividend income - - - -
Rental income 13,017 - 13,017 16,936
Other - - - 2,743
Total 13,381 - 13,381 20,289
Other: Restricted funds applied used for intended
capital expenditure
Gain on disposal of a tangible fixed asset
held for charity's own use
Gain on disposal of a programme related
investment
Royalties from the exploitation of intellectual
property rights
Reallocation of unused donated restricted
funds -
Total - - - -
TOTAL INCOME 339,473 7,452 346,925 498,326
Note 4 Analysis of receipts of government grants
This year Last Year
Description £ £
Ryde Town
Council Support Grants 28500 20000
IWCC Retail, rate support and ex-gratia 19871
JRS COVID-19 job rentention scheme grants 67755
Other Other Grants 0 1500
Total 116,126 21,500
----- End of picture text -----

The charity also provides Beach Lifeguarding for Ryde Beach and receives a payment of £28,500 (included within charitable activies above) towards these costs. It also maintains and runs the Splash Park for younger children mainly funded by Ryde Town Council.

The charity also received grants of £67,755 from the government as part of the job retention scheme and £19,871 from the Isle of Wight council to provide funding support during the COVID-19 pandemic.

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Section C Notes to the accounts

Note 5 Analysis of expenditure

Note 5 Analysis of expenditure Analysis of expenditure
Fundraising agents
Advertising, marketing, direct mail and
publicity
Rent collection, property repairs and
maintenance charges
Staging fundraising events
Analysis
Intellectual property licencing costs
Expenditure on
raising funds:
Incurred seeking donations
Securing potential finance
Total expenditure on raising funds
Total
Administrative expenses
Expenditure on
charitable
activities
Direct cost of operation
TOTAL EXPENDITURE
Total other expenditure
Bank errors
Total expenditure on charitable
activities
Other
Separate material
item of expense		 Fundraising agents
Advertising, marketing, direct mail and
publicity
Rent collection, property repairs and
maintenance charges
Staging fundraising events
Analysis
Intellectual property licencing costs
Incurred seeking donations		 Unrestricted
funds
Endowment
funds
Total funds
Last Year
£
£
-
-
- -
-
-
466
- -
1,881
- 1,881
6,029
2,326
- 2,326
889
- - - -
- - - -
4,207
- 4,207 7,384
301,259
- 301,259
409,758
60,816
- 60,816
49,446
-
-
- -
-
-
- -
362,075
- 362,075
459,204
-
-
- -
-
-
- -
-
-
- -
-
-
- -
-
-
- -
-
-
-
349
-
-
- 349
366,282
- 366,282
466,937
Securing potential finance

Other information:

Analysis of direct expenditure on charitable activities

Activity or
programme		 Activities undertaken directly Activities undertaken directly Support
Costs		 Support
Costs		 Total this
year		 Last Year
£ £ £ £
Swimming 293,875 - 293,875 398,220
Food & Shop 7,384 - 7,384 11,538
Total - 301,259 409,758

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Section C Notes to the accounts to
30/11/2020
This year
Last Year
£
£
-
-
This year
Last Year
£
£
01/12/2019
Extraordinary item 1
Independent
Furlough wages
Management
Charitable Activities
Administration
Total
Note 7 Details of certain items of expenditure
Note 6 Extraordinary items
Description
Note 8 Paid employees
8.1 Staff Costs
Fees for examination of the accounts
8.2 Average head count in the year
The parts of the charity in which the
employees work
Salaries and wages
Social security costs
Pension costs (defined contribution scheme)
Other employee benefits - training and uniform
Total staff costs
600
600
This year
Last Year
£
£
140,370 214,755
4,584 7,685
3,248 2,979
3,577 7,386
67,755 -
219,534 232,805
This year
Last Year
Number
£
2
2
30
29
1
1
33 32

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Section C Notes to the accounts

Note 9 Tangible fixed assets

Cost or valuation

Leasehold
land &
buildings
£		 Plant and
machinery
£		 Total
£
At the beginning of 24,032 45,066 69,098
the year
Additions 1,150 17,666 18,816
Revaluations - - -
Disposals - - -
Transfers * - - -
At end of the year 25,182 62,732 87,914
Depreciation and impairments
**Basis SL SL SL Straight Line
("SL") or
Reducing
Balance
("RB")
** Rate
3 - 10 yrs		 3 - 10 yrs 3 - 10 yrs
At beginning of the 10,897 18,248 29,145
year
Disposals - - -
Depreciation 5,900 9,970 15,870
Impairment - - -
Transfers* - - -
At end of the year 16,797 28,218 45,015
14.3 Net book value
Net book value at the 13,135 26,818 39,953
beginning of the year
Net book value at the 8,385 34,514 42,899
end of the year

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Section C Notes to the accounts (cont)

Note 10 Stocks

Nt 10 Stk
oe ocs 30/11/2020 30/11/2019
For resale
£
Charitable activities:
Opening 4,248
Reduced in period 954
Closing 5,202
Other trading activities:
Opening 2,279
Added in period - 853
Closing 1,426
Total 6,628
Please complete this note if the charity has any debtors
or prepayments.
Analysis of debtors
Trade debtors
Prepayments and accrued income
Total
Note 12 Cash at bank and in hand
Other
Note 11 Debtors and prepayments
Short term cash investments (less than 3 months maturity date)
Short term deposits
Cash at bank and on hand
Total		 This year
£
-
6,527
2,217		 Last Year
£

-

8,210

4,461

12,671
Last Year
£

-

177,927

19,750

-
8,744
This year
£
-
152,712
2,740
-
155,452 197,677

Note 13 Creditors and accruals Please complete this note if the charity has any creditors or accruals.

Analysis of creditors

Analysis of creditors

Accruals for grants payable
Bank loans and overdrafts
Trade creditors
Payments received on account for contracts or
performance-related grants
Accruals and deferred income
Taxation and social security
Other creditors
Total
Contracted, not provided for:
Note 14 Capital commitments		 Amounts
falling
due
within
one year
This year
Last Year
£
£
6,667 16,603
-
-
8,569 23,526
-
-
36,651 44,046
2,712 2,744
10,161 1,589
64,760 88,508
This year
Last Year
£
£
- -

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Section C Notes to the accounts (cont)

Note 15 Charity funds

27.1 Details of material funds held and movements during the CURRENT reporting period

* Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

----- Start of picture text -----
Fund Fund
balances balances
Type PE, EE
Purpose and Restrictions brought carried
R or UR
forward Income Expenditure Transfers forward
Fund names £ £ £ £ £
Unrestricted Funds UR Accumulated Reserve 110,857 339,473 - 366,282 17,463 101,511
Reallocated unused restricted funds (see
Restricted Funds R note) 17,463 7,452 - 17,463 7,452
Replacement reserve UR To provide for significant plant replacement 40,000 - - 40,000
Total Funds 168,320 346,925 498,326 - 148,963
The restricted fund was used in the current financial year to purchase the RLB rescue craft; its intended purpose
Last Year
Fund Fund
balances balances
Type PE, EE
Purpose and Restrictions brought carried
R or UR
forward Income Expenditure Transfers forward
Fund names £ £ £ £ £
Unrestricted Funds UR 96,931 480,863 - 466,937 110,857
Replacement reserve UR To provide for significant plant replacement 40,000 - - 40,000
Restricted Funds R - 17,463 - 17,463
Total Funds 136,931 498,326 - 466,937 - 168,320
----- End of picture text -----

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CHARITY COMMISSION FOR ENGL4ND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trusteesl members of Waterside Communty Trust On accounts for the year ended 3011112020 Charity no (if any) 1174631 Set out on pages I report to the trustees on my examination of the accounts of the above charity (Yhe Trust-} for the year ended 3011112020. Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act"). I report in respect of my examination of the Trust's accounts carried Olrt under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145{5llb) of the Act. Independent The charity's gross income exceeded £250,000 and l am qualified to examinerfs statement undertake the examination by being a qualified member of ICAEW. I have completed my examination. I confim that no material matters have come to my attention in connection with the examination (other than that disclosed below ") which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records-, or the accounts did not comply wilh the applicable requirements On￿rnIng the fomi and content of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 otherthan any requirement that the accounts give a Irue 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 accounts to be reached. Signed: Date: 2021 Name: David Stevens ACA Relevant professional qualification{sl or body (If any): ICAEW IER Oct 2018

Address: Bright Brown Limited Chartered Accountants Newport Isle ofwght P030 5BZ Section B Disclosure Only complete if the examiner needs to highlight rnaterial matters of ¢onGern (see CC32, Independent examination of charity accounts= directions and guidan￿ for examiners). Glve here brlef details of any items that the examinerwishes to disclose. IER Oct 2018