## **Trustees’ Annual Report for the period** **From 1 April 2021 Period start date To 31 Mar 2022 Period end date** ## **Charity name: The Commodore Trust** ## **Charity registration number: 1178576** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**1)**
**THE PRESERVATION,**
**IMPROVEMENT AND MAINTENANCE**
**FOR THE PUBLIC BENEFIT OF THE**
**FORMER COMMODORE HOTEL IN**
**PEMBROKE DOCK, A LANDMARK**
**BUILDING OF HISTORICAL, CULTURAL**
**AND SOCIAL SIGNIFICANCE, AS A**
**HERITAGE AND COMMUNITY BUILDING**
**IN A WAY THAT CELEBRATES THE**
**WELSH CULTURE.**
**2)**
**THE ADVANCEMENT OF**
**EDUCATION FOR THE PUBLIC BENEFIT**
**BUT NOT EXCLUSIVELY BY THE**
**PROVISION AND MANAGEMENT OF A**
**HERITAGE AND COMMUNITY BUILDING**
**THAT WILL FACILITATE LEARNING IN**
**THE HISTORY, GEOGRAPHY, CULTURE,**
**ARTS, AND ENVIRONMENT OF LIFE IN**
**PEMBROKE DOCK AND SURROUNDING**
**AREAS.**| |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|**The trust secured grants from the Pilgrim**
**Trust and the Architectural Heritage Fund**
**to conduct a viability study on possible**
**future uses for The Commodore. This**
**study was carried out by Tim Morris of**
**Piece Regen. The grants were gratefully**
**received and a viability report that set out**
**possible future uses for the building was**
**completed and will inform our future**
**decisions regarding the project.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The Trust is committed to finding a use**
**for the building that will best serve the**
**needs of the local community as outlined**
**in our charitable purposes.**| **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference **Not applicable at this stage.** Para 1.38 Policy on grant making **Not applicable at this stage.** Para 1.38 Policy on social investment including program related investment **Not applicable at this stage.** Para 1.38 Contribution made by 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|**The commissioning and production of**
**the viability study has provided very**
**useful information that will guide the**
**trust’s future decisions.**| |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| |Achievements against
objectives set|Para 1.41|**The main objective for the year was to**
**complete the viability study and analyse**
**its findings. The viability study was**
**completed but COVID restrictions**
**hampered comprehensive discussion.**| |Performance of fundraising
activities against objectives
set|Para 1.41|**The Pilgrim Trust and The Architectural**
**Heritage Fund kindly gave the trust**
**grants to enable the production of the**
**viability study.**| |Investment performance
against objectives|Para 1.41|**Not applicable.**| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**The trusts financial position is**
**precarious, but manageable as there are**
**no major outgoings apart from those met**
**by grant funding and those resulting form**
**small monthly banking fees.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**The trust is not in a position to hold a**
**reserve fund at present.**| |Amount of reserves held|Para 1.22|| |Reasons for holding zero
reserves|Para 1.22|**The trust has not, as yet made any**
**decisions about any future actions and**
**has no liabilities.**| |Details of fund materially in
deficit|Para 1.24|**Nil**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**The COVID pandemic has generated**
**some uncertainty due to lack of funding**
**sources. The next objective will be to find**
**funding for a project development grant.**| **Additional information (optional)** You may choose to include further statements where relevant about: The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**CONSTITUTION OF A CHARITABLE**
**INCORPORATED ORGANISATION**
**WHOSE ONLY VOTING MEMBERS ARE**
**ITS CHARITY TRUSTEES**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**The present trustees came together on an**
**ad hoc basis when The Commodore was**
**threatened with being sold and**
**overdeveloped.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: Policies and procedures adopted for the induction and Para 1.51 training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other ## **Reference and Administrative details** |Charity name|The Commodore Trust| |---|---| |Other name the charity uses|Save The Commodore| |Registered charity number|1178576| |Charity’s principal address|17 Ridge View Close
Pennar
Pembroke Dock
SA72 6RB| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Adrian James|Chair||| ||John Gibbs|Secretary||| ||Derek Howells|Treasurer||| ||HayleyWood|||| ||Paul Dowson||Since resigned|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – 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** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||Adrian Thomas Albert James|| ||
Chair|| ||19 Oct 2024|| ||19 Oct 2024|| CHARITY COMMISSION FOR ENGLAND AND WALES The Commodore Trust 1178576 Recei ts and ments accounts CC16a For the period from 11412021 To 311312022 Section A Receipts and payments Unr¢stsl¢ted nds t•th• R•stricted EDdowm•nt funds fund5 Tot•1 fund$ L46t y•ar toth nMr•Jtt th• nMrnstÈ A1 R•¢eipts Donations 192 192 Viability study rant from Pil ability study graThtf￿ AHF rirnsTfusI Sub total(Gross income for AR) 192 11,858 12,QfjO A2 Asset and investment sales, Isee table). Sub total 182 11,868 12, 206 A3Pa m•nts Ple￿ Regon tr ￿la￿lity Study IP190AI 12,000 Banki Fées HSBC Sub total 12,000 12,020 A4 A55•t and inv05tm•nt urchase5, table Sub total 20 12.000 12,020 Net of receiptsI(payn￿ntsj A6 Transf•rs fvnds A6 Cash funds last year end Cash funds this year end 172 142 206 236 142 142 30 206 206 236 206 CCXX R1 aL%ounts ISSI 29108Q024 Section B Statement of assets and liabilities at the end of the period Unrestri¢ted fun¢ts Restricted fund5 to I￿r•S1£ Endowmenl fund5 to rJ•ar•stt Categories to n•Ar•st£ 81 Cash funds HSBC Accoutrt 235 Total cash funds 236 {auIgpbaL4n￿5wth rereiplsand courdls}1 Unrestri¢t•d funds Restricted funds Endowm•nt funds Dctails t• nMr•stt Fund to whi•h ass￿ b•14 ¢uTh•ntv*lu• nal Details Cg5tl•n*l) 83 Investment ass•ts Fund to whl•h *ss•t b•lon Curr•nt valu• nal 84 Assets r•tain•d for th• ¢harity's own use Fund to whivh r•l*t•s Amgunt du• on*1 Wh•n du• BS Liabllities Svaned by one or trustees on behalf ol all the trusiee5 Signature Print Name Dale of roval 51912024 Adrian James 91912024 CCXX R2 acco￿[￿ ISSI 2910812024