Charity Registration Number: 1178277
FRIENDS OF HOPE COVE HARBOUR
TRUSTEES’ REPORT AND ACCOUNTS FOR THE YEAR ENDED 10 JANUARY 2021
Contents
| Trustees’ Report | 1 - 2 |
|---|---|
| Receipts and Payment Accounts | 3 - 4 |
| Statement of Assets and Liabilities | 5 |
| Notes | 6 |
FRIENDS OF HOPE COVE HARBOUR REGISTERED CHARITY NUMBER 1178277 ACCOUNTS FOR THE PERIOD ENDED 10 JANUARY 2021
TRUSTEES ANNUAL REPORT
Charitable Incorporated Organisation principal address
Longstone Hope Cove Kingsbridge TQ7 3HY
The Trustees of the Charitable Incorporated Organisation for the period were as follows:-
Mr Graham Philips
Chair
Ms Christine Jarvis Treasurer (resigned 31 December 2020)
Mr Ashley Murison Treasurer (appointed 5 March 2021)
Ms Elizabeth Brimacombe
Ms Joanna Sealey Secretary Mrs Susan Illingworth (appointed 16 January 2020)
All Trustees were appointed on 8 May 2018 unless stated above. The Foundation was registered as a Charitable Incorporated Organisation, and its Constitution adopted, on 8 May 2018.
Structure, Governance and Management
The Trustees meet regularly, usually bi- monthly, or whenever matters arise that need swift discussion. The day to day affairs of the Charity are organised by the Trustees, although others are consulted from time to time when specific knowledge is required.
The Trustees are appointed or reappointed annually at the Annual General Meeting and were originally selected for their knowledge of the local area.
All Trustees give their time voluntarily and received no remuneration or other benefits during the period.
Objects and Activities
The Charity was formed to support the activities of The Hope Cove Harbour Commissioners, particularly with regard to the preservation and refurbishment of the current Breakwater. If this structure were to be breached there would be serious problems for not only the Harbour, and all its activities, but also the village of Hope and the surrounding area.
During the year the Charity received a number of donations from philanthropists, keen to assist the Charity in its objectives. Due to the Coronavirus pandemic the Charity has been unable to hold fundraising events to raise additional funding but the Trustees are hopeful that they will be able to hold these events in the future.
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FRIENDS OF HOPE COVE HARBOUR REGISTERED CHARITY NUMBER 1178277 ACCOUNTS FOR THE PERIOD ENDED 10 JANUARY 2021
TRUSTEES ANNUAL REPORT
Achievements and Performance
The Charity is still in negotiations with various interested agencies to formulate a plan of action of the ensuing years. In particular the Environment Agency, who are concerned from the aspect of a possible serious flood. They are in the process of producing an in depth analysis of probable permutations, bearing in mind global climate change, rising sea levels and increasing wind and tide strengths. The pandemic has delayed matters but the Trustees are confident these negotiations will progress in the near future.
Financial Review
The funds raised by the Charity amounted to £2,040 (2020: £25,328). Total costs of £145 (2020: £1,599) were incurred, mainly for monthly bank charges, leaving funds held in the bank account of £38,540 (2020: £36,645).
The financial situation at present is healthy, with all income from donations and fundraising activities where possible. A significantly greater amount will be needed in the long run, but at the moment we are hoping to be able to assist the Harbour by providing funds for the necessary surveys etc. that need completing before a plan of action is formulated.
Declaration
The Trustees declare that they have approved the Trustees’ Report Above.
Signed on behalf of the Charitable Incorporated Organisation’s Trustees.
Mr G Phillips Chairman
Date: 9 November 2021
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FRIENDS OF HOPE COVE HARBOUR REGISTERED CHARITY NUMBER 1178277 RECEIPTS AND PAYMENTS ACCOUNT FOR THE PERIOD ENDED 10 JANUARY 2021
| Receipts Unrestricted Restricted 2021 2021 £ £ Voluntary receipts Non-recurring donations and fundraising income 2,040 - TOTAL RECEIPTS 2,040 - Payments Unrestricted Restricted 2021 2021 £ £ Cost of generating income Hire of marquee and equipment for fundraising ball - - Hire of hall 8 - Advertising - leaflets - - Printing and stationery – thank you cards 80 - Insurance - - TOTAL 88 - Trust activities Bank service charges 57 - TOTAL 57 - All other payments - - TOTAL - - TOTAL PAYMENTS 145 - Excess/(Deficit) of receipts over payments 1,895 - |
Total 2021 £ 2,040 2,040 Total 2021 £ - 8 - 80 - 88 57 57 - - 145 1,895 |
Total 2020 £ 25,328 25,328 Total 2020 £ 1,478 - 100 - 21 1,599 - - - - 1,599 23,729 |
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FRIENDS OF HOPE COVE HARBOUR REGISTERED CHARITY NUMBER 1178277 RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 10 JANUARY 2021
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| 2021 | 2021 | 2021 | 2020 | |
| £ | £ | £ | £ | |
| Excess of receipts over payments | 1,895 | - | 1,895 | 23,729 |
| Current account balance brought for- | ||||
| ward | 36,645 | - | 36,645 | 12,916 |
| Current account balance carried fo | ||||
| ward | 38,540 | - | 38,540 | 36,645 |
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FRIENDS OF HOPE COVE HARBOUR REGISTERED CHARITY NUMBER 1178277 STATEMENT OF FUNDS (ASSETS AND LIABILITIES) FOR THE PERIOD ENDED 10 JANUARY 2021
| Unrestricted Restricted 2021 2021 £ £ Monetary assets Current account Balance per statement 38,540 Receipts not cleared - - - Payments not cleared - - - Actual balance carried forward 38,540 - Total funds held at 10 January 2021 38,540 - |
Total 2021 £ - - 38,540 38,540 |
Total 2020 £ 36,645 - - 36,645 36,645 |
|---|---|---|
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FRIENDS OF HOPE COVE HARBOUR REGISTERED CHARITY NUMBER 1178277 ACCOUNTS FOR THE PERIOD ENDED 10 JANUARY 2021
NOTES
1. Debt
The Charitable Incorporated Organisation does not have any debt outstanding at the year end which is secured on assets owned by it.
2. Guarantees
No guarantees have been given by the Charitable Incorporated Organisation where any liability is outstanding at the year end.
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