2023-12-31-accounts

FOR THE PERIOD ENDED 31 DECEMBER 2023
				Pg5
	Notes	2023	2022
		£	£
Income from:
Donation, grantsandlegacies	3	104,037	92,424
Charitable activities	4	2,900	1,000
Interest	5	210
Total income		107,148	93,424
Expenditure on:
Charitable activities (excl Depreciation)		74,209	72,798
Cash surplus for the year		32,939	20,626
Depreciation		4,800	4,800
Net income (Expenditure)forthe year/
Net movement in funds		28,139	15,826
Balancebroughtforward		104,960	89,134
Fund balances at 31 December 2023		133,099	104,960

AS AT31 DECEMBER 2023
						Pg6
	Notes	2023			2022
Fixed Assets				£		£
Heritage assets	10		81,600
Current assets						86,400
Cash in bank and in hand		65,961
				43,022
Creditors
Amounts falling due within one year
Deferred income
Net current assets			65,961			43,022
Total Assets less current liabilities			147,561			129,422
Creditors
Amounts falling due after one year	11&12		(14,462)			(24,462)
Net Assets			133,099			104,960
Funds of the charity
Unrestricted funds	13		133,099			104,960

		**Unrestricted **	funds
		2023	2022
		£	£
**3 **	Donations and legacies
	Grants,donations and gifts	104,037	92,424
**4 **	Charitable Activities - Income
	Boleh charter income	2,900	1,000
5	Interest income - bank interest	210
**6 **	Charitable Activities - Expenditure
	Operations Director costs	40,210	29,249
	Berthing	8,269	3,873
	Servicing & Maintence	15,569	21,913
	Maritime CoastalAgencysurvey & associated costs	1,749	730
	Insurance	3,657	2,396
	Website, Marketing, PR, Leaflets	3,861	10,869
	Other	893	3,768
		74,209	72,798
**7 **	Yacht depreciation and impairment	4,800	4,800

Heritage Assets
Boleh,at31December 2022 (see note 1.7)	86,400	91,200
Depreciation	(4,800)	(4,800)
At 31 December 2023

Creditors: amounts falling due after one year
		2023	2022
		£	£
Trustee LoansfromGRG and HKW Middleton (see note	11)	14,462	24,462
		14,462	24,462

Trust CIO. g theyear,£5,000was repaid to each debtor.
	2023	2022
Loanbalance as at 1st January	24,462	34,462
Repayment to Messrs Middleton	(10,000)	(10,000)
Balance as at31December	14,462	24,462

	General	Holding	Total
	Reserve	Reserve	Reserves
OpeningBalance	104.960		104,960
Surplus for the year	28.139		28.139
	133,099		133.099
TransfertoHoldingReserve	(20,000)	20.000	-
ClosingBalance	113,099	20,000	133,099