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|Legal and administrative<br>information|..|
|---|---|
|Foreword||
|Performance<br>Report. .„„„,<br>Statement ofTrustees'<br>responsibilities.<br>.||
|Statement of Financial Activities. .||
|Charity Balance Sheet..||
|Cash flow statement. .||
|Notes to the Financial Statements.||





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|Charity number|Charity number|1179537||||
|---|---|---|---|---|---|
|Registered|office|I-IM Naval Base PP66||||
|||Portsmouth||||
|||Hampshire<br>PO13NH||||
|Trustees||Commodore<br>Phillip Waterhouse||||
|||Mr Leon Calverley —appointed|||25'"July 2023|
|||Ms Emma Collins —appointed||31October 2023||
|||Mrs Trudy Grey —appointed||11~April 2023||
|||Mr David McGinley —appointed|||12'"April 2023|
|||Dr Emma Roberts - appointed|||25th July 2023|
|||Mr Tim Schadla-Hall|—resigned||9~ January 2023|
|||Mr Paul Swindlehurst|—appointed<br>9eJanuary 2024|||
|||Professor Dominic Tweddle||||
|Accountants||Compass Accountants|Limited|||
|||Venture<br>House||||
|||The Tanneries||||
|||East Street||||
|||Titchfield||||
|||Hampshire||||
|||PO14 4AR||||





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|Forthe year ended 31December|2023|||||
|---|---|---|---|---|---|
|||Unrestricted|2023|Unrestricted|2022|
|||funds|Tota I|funds|Total|
||Notes||E|E|E|
|Income from:||||||
|Donations<br>and legacies||||||
|Total income||||||
|Expenditure<br>on:||||||
|Charitable<br>activities||||||
|Collections<br>and asset management||7,559|7,559|6,383|6,383|
|Total expenditure||7,559|7,559|6,383|6,383|
|Net income/(expenditure)||P,559)|P,559)|(6,383)|(6,383)|
|Transfers between<br>funds||||||
|Net movement<br>in funds||(7,559)|(7,559)|(6,383)|(6,383)|
|Reconciliation<br>offunds:||||||
|Funds brought<br>forward||1,143,476|1,143,476|1,149,859|1,149,859|
|Total funds carried forward||1,135,917|1,135,917|1,149,859|1,149,859|





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|||||2023|2022|
|---|---|---|---|---|---|
||||Notes|g|6|
|Fixed assets||||||
|Heritage assets||||600,000|600,000|
|||||600,000|600,000|
|Current assets||||||
|Debtors||||535,917|545,246|
|||||535,917|545,246|
|Creditors: amounts||falling||||
|due within|one year||||(1,770)|
|Net current|assets|||535,917|543,476|
|Net assets||||1,135,917|1,143,476|
|Funds||||||
|Unrestricted|funds|||1,135,917|1;143,476|
|Total funds||||1,135,917|1,143,476|





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|||||2023|2022|
|---|---|---|---|---|---|
|Cash flows from operating|activities:|||||
|Net cash provided<br>by/(used|in) operating||activities|||
|Cash flows from investing|activities:|||||
|Purchase of heritage assets||||||
|Cash and cash equivalents|at 1January|2023||||
|Cash and cash equivalents|at 31December 2023|||||
|Net (expenditure)/income<br>for|the reporting|period||(7,559)|(6,383)|
|Decrease/(increase)<br>in debtors||||9,329|8,243|
|(Decrease)/increase<br>in creditors||||(1,770)|(1,860)|
|Net cash provided<br>by/(used|in) operating||activities|||





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|Collections|and asset management||||
|---|---|---|---|---|
|||Collections and|||
|||asset management|2023|2022|
|||E|E|E|
|Storage costs||5,056|5,303|5,303|
|Governance|costs|2,503|2,503|1,080|
|||7,559|7,559|6,383|
|Governance|costs||||
|||Collections and|||
|||asset management|2023|2022|
|||E|E|E|
|Accountancy|fees|1,500|1,500|1,080|
|Trustees travel expenses||1,003|1,003||
|||2,503|2,503|3,053|



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|Heritage assets|||
|---|---|---|
||At cost|Total|
|||E|
|Cost|||
|At 31December 2022 and 31December 2023|600,000|600,000|
|Net book values|||
|At 31December 2022 and 31December 2023|600,000|600,000|





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||The collection has be|The collection has be|en included<br>within<br>heritage asset a|dditions at|the purchase<br>p|rice of|E600,000.||
|---|---|---|---|---|---|---|---|---|
||Five-year summary|||2023|2022|2021|2020|2019|
|||||E|E|E|E|E|
||Additions||||||||
||Purchases|||||||600,000|
||Donations||||||||
||~Dis osals||||||||
|6.|Debtors||||||||
||||||||2023|2022|
||||||||E|E|
||Other debtors||||||535,917|545,246|
|7.|Creditors:|amounts|falling due within one year||||||
||||||||2023|2022|
||||||||E|E|
||Accruals|||||||1,770|
|B.|Analysis ofnet assets between funds||||||||
||||||Tangible|Net|Current|2023|
||||||Fixed Assets||Assets|Total|
||||||E||E|E|
||Unrestricted|funds|||600,000||535,917|1,135,917|
||||||600,000||535,917|1,135,917|
||||||Tangible|Net|Current|2022|
||||||Fixed Assets||Assets|Total|
||||||E||E|E|
||Unrestricted|funds|||600,000||543,476|1,143,476|
||||||600,000||543,476|1,143,476|



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