## **Trustees’ Annual Report for the period** **From 1 Apr 2023 Period start date To 31 Mar 2024 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 CIO has been largely dormant over**
**the reporting period due to uncertainties**
**regarding the future of the Commodore**
**building and the project to develop its**
**surrounding for off shore energy activity.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Due to the uncertainty mentioned above,**
**the CIO believes that awaiting confident**
**and positive news about the project**
**envisioned for the surrounding land**
**would be the best policy.**| **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 viability study and project**
**development work carried out with**
**support from the Architectural Heritage**
**Fund and The Pilgrim Trust was valuable**
**in establishing possible future uses for**
**the building (The Commodore) that would**
**fulfil the aims of the charity. The further**
**funding for development work on the**
**project was very useful in producing a**
**consultant’s brief, a funding plan and a**
**project director’s brief.**| |**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|| |Performance of fundraising
activities against objectives
set|Para 1.41|| |||| Investment performance Para 1.41 against objectives Other ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**The charity’s financial position at the end**
**of the period is stable.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**No reserves are held at present**| |Amount of reserves held|Para 1.22|**£0**| |Reasons for holding zero
reserves|Para 1.22|**Apart form a few minor donations, the**
**charity’s activities have been covered by**
**grant funding.**| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**The charity’s future is dependent upon**
**the future development of The Port of**
**Pembroke and the development of the**
**Irish Sea ferry traffic and Offshore**
**renewable energy projects. The Charity is**
**keen to work with local partners but**
**support form local government and**
**Milford Haven Port Authority is funding**
**critical.**| **Additional information (optional)** You may choose to include further statements where relevant about: **A few minor donations.** 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|**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
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---|---| ||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** 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)** Adrian James **Position (eg Secretary,** Chair **Chair, etc) Date** 27 January 2025 ||**The Commodore Trust**|**The Commodore Trust**|**The Commodore Trust**|**1178576**|**1178576**|**1178576**|**CC16a**| |---|---|---|---|---|---|---|---| |||||**1178576**|||| ||**For the period**
**from**|Period start date
01-Apr-23|**To**||Period end date
31-Mar-24||| ||||||||| |**Section A Receipts and payments**|||||||| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**£72.00**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**72**
**-**
**-**
**-**
**72**
**60**
**94**
**-**
**-**
**-**
**-**
**-**
**-**
**154**
**-**
**-**
**-**
**154**
**- 82**
**-**
**228**
**146**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**9,000**
**-**
**-**
**-**
**-**
**-**
**-**
**9,000**
**-**
**-**
**-**
**9,000**
**- 9,000**
**-**
**9,900**
**900**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**Total funds**
**to the nearest £**
**72**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**72**
**-**
**-**
**-**
**72**
**60**
**94**
**9,000**
**-**
**-**
**-**
**-**
**-**
**-**
**9,154**
**-**
**-**
**-**
**9,154**
**- 9,082**||**Last year**
**to the nearest £**| |Donations|**£72.00**||||||**48**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**72**||||||**48**| ||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||| ||**-**||||||| ||**-**||||||**-**| |**_Sub total_**|**-**||||||**-**| |**_Total receipts_**
**A3 Payments**|||||||| ||||||||**48**| ||||||||| |HSBC Fees|**60**||||||**60**| |Modern Print for Business cards|**94**||||||**-**| |Piece Regen for Development Grant work|||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| |**_Sub total_ **|**154**||||||**60**| ||||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||||| ||**-**||||||| ||**-**||||||| |**_Sub total_ **|**-**||||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||| ||||||||**60**| ||||||||| ||**- 82**|**- 9,000**|**-**||**- 9,082**||**- 12**| ||**-**|**-**|**-**||**-**||**-**| ||**228**|**9,900**|**-**||**10,128**||**10,128**| ||**146**|**900**|**-**||**1,046**||**10,116**| CCXX R1 accounts (SS) 29/01/2025 1 |**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|| |---|---|---|---| |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
**Details**
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
Remainder of AHF Grant . To be spent
~~onWork pertaining to the aims of the~~
Donations
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**900**
**146**
**-**
**-**
**-**
**146**
**900**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Adrian James
Derek Howells|**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| ||||26-Jan-25| ||||**29/01/2025**| ||||| CCXX R2 accounts (SS) 29/01/2025 2