Trustees’ Annual Report for the period
From 1 Apr 2022 Period start date To 31 Mar 2023 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 applied for a development grant, and was glad to receive on 31 March 2023 the sum of £9,900 to carry out development work on the project. £9000 of this was used to produce a project consultant’s brief and a project director’s brief. A funding and fundraising brief was also prepared. These were produced by Tim Morris of Piece Regen. The remain £900 was to be spent on updating the trust’s web site. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trust paid due regard to the guidance issued by the Charity Commission with regard to the public benefit of the project. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment 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 trust was awarded grant funding by the Architectural Heritage Fund to develop planning for the project. This took the form of three documents covering funding and fund raising, a consultants’ brief and a project director’s brief. This began the process of setting out the future path of the project. |
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 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The trusts financial situation at the end of the period under review is stable. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | No reserves are held at the present. |
| Amount of reserves held | Para 1.22 | £0 |
| Reasons for holding zero reserves |
Para 1.22 | The activities of the charity have been supported by grant funding at this stage in its evolution. |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
| Additional information (optional) You may choose to include further statements |
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 | Grant funding form the AHF and Pilgim Trust to carry out viability study and business development work. |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | Nil |
| A description of the principal risks facing the charity |
Para 1.46 | |
| 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 | Trustees selected at startup by common interest. |
Additional information (optional) You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| 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 Thomas Albert James |
Chair | |||
| John Gibbs | Secretary | |||
| HayleyWood | ||||
| Derek Howells | Treasurer | |||
– Corporate trustees names of the directors at the date the report was approved
| Director name | ||
|---|---|---|
| Nil | ||
| Name of trustees holding title to property belonging to the charity | ||
| Trustee name | Dates acted if not for whole year | |
| Nil | ||
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 James | ||
Chaiir |
||
| 19 Oct 2024 | ||
| 19 Oct 2024 |
CHARITY COMMISSION FOR ENGLANO AND WALES The Commodore Trust 1178576 Receipts and pa ments accounts 311312023 CC16a For the r1¢xl from 11412022 To Section A Receipts and payments Unrestri¢ted funds Restricted fund5 Endowment lunds Tgtsl funds Last y•ar t•th• rd•*r•st loth• ll••r•51t Al Recei Grantfrom AHF Donations Sub total(Gross income for AR) A2 Ass•t and imi•stm•nt sales, tsbl•}. Sub total 240 A3Pa HS8C Fees Sub total A4 Asset and inv•stsnent urchases. sble Sub total Net of receipts/(payments) AS Transf•rs b•lw•on funds A6 Cash funds last y•ar •nd Cash funds thls year end 12 9,888 12 CCXX Rl accounts ISSI 29m812024
Section B Statement of assets and liabilities at the end of the period Unrestricted Restri¢ted funds lunds to n•&r•st£ Endowment funds t• nMrnst£ Categories to Ir•st£ B1 Cash funds 12 Total cash funds 12 $11 Unrnstricted Restrl¢t funds funds Endoymient fund5 Do.lails to nur•stt Funrtt• whl•h C¢¥stlopllonll Curr•rt vAIu• Fund •wthl•h sJ•t b•lon Cuty•rtvilu• ohl B4 Assets r•tained for th• harlty's own us• Fuhd to vthioh Amountdu• Wh•ty du• onal Det211 BS Uabilitl•s Spaned by one OT tsvo trustees on behall of all Ihe trusiees Signature Pmt Namo D8le of roval 51912024 9192024 Adrian James CCXX R2 accounts ISSI 2910812024