CHARITY COMMISSION FOR ENGLAND AND WALES Trustees. Annual Report for the period From 1st January to 31st December 2024 Charity name: Mevagissey and District Museum Charlty reglstratlon number: 1186068 Objectives and Activities SORP r•tsr¢n ra 1.17 Summary of the purposes of the charity as set out in its goveming document To establish and maintain a local history museum in M8vagissey for the benefit of the public. To work for the public benefit of the inhabrtants of Mevagissey as from time to time constttuted by stimulating interest in the Ca￿ for the beathy. history and harader of said town and by encouraging the preservation of features of general ublic amen of histonc interest therein. The museum continues to provide entri88 for the local pansh magazines to inform readers of the museum's activities. Summary ofthe main a¢tiviti88 in r8lakn.on to those purpo888 for the public benefit, in particular, the adivities, projects or setvices identified in the accounts. Pam 1.17•nd 1.19 A visit to another museum was arranged for the volunteers to widen Iheir experience of volunteering in a museum environment and encourage their interaction with the public. The museum continues tts collaboration wrth the local primary schools with visits from Yr3 pupils and the Mevagissey Yr6 school projed on the museum. The museun joined the local RNLI group in their 200 celebration using some of the museum's collection and venue. The museum entered the Cornwall Heritage Awards in several categories. Through continued effort the number of volunteers has grown. We continue to make contact with local groups and offer tours of the museum. Activtties are planned to widen the profile of the local area Ihrough the museum and its collection. Statement confimiing whether the trustees hav8 had regard to the guidance issued by the Charty Commission on public benefit PaR 1.18 Trustees have regard to the guidan issued by the Charrty Commission on public benefft. Addltlonal Infomiatlon loptional) You ma choose to include further statements wtwe relevant about: SORP rEfererKe Pwo 1.38 Policy on grant making ParB 1.38 Policy on social investment including program related investment Contribution made by volunteers The museum is run entirely by volunteers. They are encouraged to leam about the museum's collection, intera¢t wth visitors and develop their role. Pwa 1.38 Other Achievements and Perfonnance SORP refer•rK• The involvement with schools encourages visrting museums in general and works as part of the National Curriculum as V￿11 as leaming about local history Summary of the main achievements of the chanty, identrfying the difference the charrty's work has made to the circumstances of tis beneficiaries and any wider benefits to $o¢iety as Ythole. P•r• 120 The museum received the Comwall Heritage Award for°Spirit of the Awards". Providing talks, tours and being present at local events highlights the history of Mevagissey and Distnci. Encouraging volunteerrng beneffts people from all walks of lrfe Additional infomiation (optional) You ma choose to indude further statements where relevarrt about: Achievements against objectives set Par8 1.41 PerformancE of fundraising activities against oty'ectives Para 1.41 Investmént perfomanc against objedives P•A 1.41 Other Financial Review Review of the charity's financial position at the end of the eriod Statem8nt explaining the policy for holding reseThes stating why they are held P•r• 1.21 The trustees review the accounts on monthly basis. P•r• 1.22 The purpose of this policy is to ensure the stability of the museum and the continuing operation of the organisation. The reserves are intended to provide an intemal source of funds for situations such as a sudden increase in expenses. one-off in budgeted expenses such as major capital repairs, unanticipated loss in funding or uninsured losses. The reseNes may also be used for one-time nonrecurring expenses that will build long-tenn expansion such as investment in infrastructure. It is the intention of the trustees that the reSen￿S are to be used if necessary and subsequently to be replenished within a reasonably short period of time. This policy will be implemented with other govemance and financial policies of the museum, now or in the future, and is intended to support the goals and strategies contsined in these related policies and in strate9ic and operational plans. The policy is reviewed annually. Amount of resetves held Reasons for holding zero reserves Pora 1.22 Para 1.22 £10,000 Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concern Para 1.24 None. Para 1.23 None Additional Infomiatlon (optlonal) You ma choose to include further statements where relevant aboul.. The charity's principal sources of funds (induding any fundraising) Pwa 1.47 Investment policy and objectives including any social investment policy adopted P•r• 1.46 A description of the principal risks facing the charity Paw8 1.46 Other structure. Governance and Management Description of charty's trusts.. Type of goveming document Para 1.25 Charity Commission Stheme How is the charity constituted? le.g unincorporated Para 1.25 cio Twst88 sel8Ction methods including details of any Constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or mor8 trustees P8r• 1.25 Sethtion is made by current trustees Additional inforniatlon (optional) You ma choose to include further statements where relevant about.. Policies and procedures adopted for the indu¢tion and training of trustees ParB 1.51 The charity's organisational structure and any wider network WFth vthich the charty works P•rn 1.51 Relationship V￿th any related parties Pgrn 1.51 The trustees give théir time voluntarily and receive no renumeration or other benefit Other Reference and Administrative details Charit name Other name the Ghari uses istered cha number Charity's principal address Meva isse and District Museum Meva isse Museum 1186068 East Vltharf Inner Harfoour Mevagissey Comwall PL26 6QQ Names of tho charfty trusteos vkno manage the charity Tru8ts• nam• Offi¢• lrfanyl Name of person lor body) entltled olnt tnBtse Ifan Trustees of CIO Carolinè Jane Morgan Jeremy Roberts Deirdre Allen Chair vi￿chair Treasurer ditto ditto Christine Montague James Mustoe Secretary ditto ditto ditto ditto Judith Ba￿On Kevin We Susan Coates Gordon Kane ditto 1 Jan to 8 Oct 2024 ditto 10 Larry Beardsmore Peter Middleton 11 8 Oct to 31 Dec 2024 12 John Fillingham 8 Oct to 31 Dec 2024 13 14 15 16 17 18 19 20 orate trustees- names of the directors at the date the re DSrnGtor n•m• rtwasa roved Name of trustees holding trtle to woperty belonging to the charty Trust￿ name Dates acted 11 notfor whol• Funds held as custodian trustees on behalf of others Descripts'on of the assets held in this capacty Name and objects of the charty on whose behalf the assets are held and how this falls Within the custodian charty's oty'eds Details of arrangeménts for safe custody and segregation of such assets from the charity's own assets Addltlonal Infomiatlon (optlonal) Nam•s and addr•S8￿ of advisern (Optional inforniation) Type of Name Addrnss advlsèr Name of chlof oxecutfve or nam￿ of sonlor Staff mombers (Opdonal Infomiallon) Exemptlons from dlsclosure Reason for non-disclosure of ke rsonnel details Other o tional information Declarations The trustees declar¢ that they have approved th• trustees, re￿ abov Slgned on behalf of the charity's trustaes Slgnaturels) Full namels) Position (eg Secretsry, Chair, etc CHkn Dats Tr-( io Company No. CE019384 Charity No. 1186068 Iv￿AGISsEy Af4D DISTIU MUSEUM ACCOUNTS YEAR ENDED 31 DECEMBER 2024 EPENDENT EXAMtNERS' REPORT TO THE TRUSTEES OF MEVAGISSEY AND DISTIUCT MUSEUM I report to the tru8tees on my examination of the accounts of Mevagissey and District Museum (the Clwiry) for the year ended 31 December 2024, whieh are set out on pages 4- 6. This reporr is made solely to the Charitls trn5tees. as a body) in accordan￿ with section 154 of the Charities Act 2011. My independeni examiner's work has been undertaken so that I might 5rate to the Charitys trusree5 those matters l am required to sta(e io ihem in an iTrdependent examinefs report and for no other purpose. To the fullest extent pennitted by law. I do noc accept or a55UTtLe responsibiliry to anyone oiher than the Chariry, the charitys members as a body and the Charitys trustees for my independent examinerfs work, for this report, or for the opinion5 1 have formed. Responsibillties and basls of report % the charlty m]stees of the Charity you are responsible for rhe preparation of the aceounts in accordance with the requirements of the Charities Act 2011 (the A￿). report in respect of my examination of the Chariryls accounts carried out under section 145 of the 2011 Aet and in catrying out rTry e￿Mination I have followed all the applicable Directions given by the Charity CoJnmission under section 14515)(b) of the Act. Independent examlner's 8tatement I have completed my examinatio￿ I can confllm that no material matters have come to my attention in connection with the examination giving rne cause to believe that in any mareTial respect.. accounting records were not kept in respect of the Charity as required by section 130 of the Act. or 2. the account5 do not accord with those records. I have no concerns and have come across no other matters in connection with the exatnination to which attention should be drawn in rhis report in order to enable a proper understanding of the accounts to be reaehed. Date: Jane C Web 9 Tregarne T ST AUSTELL Cornwau FCCA rraee MEVAGISSEY AIW D TEE REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 BACKGROUND The Charity was registered on 31 October 2019 and became operative on 30 August 2023 when the transfer of Assets Agreement was signed by the trustees of the uuiTrcorporated Charity uo. 258616 and trustees of this new Charity Incorpordted Organisation, no. 1186068- being the same persons. Charity no. 258616 was dissolved when the ownership of the land was transferred to the CIO by the Land Registry. OBJECTIVES AND ACTIVITIES The objective5 and activity of the Charity are to establish and maintain for the benefit of the public a local history museum in Mevagissey and to work for the public benefLt OE the inhabitanrs of Mevagissey. as from time ro time constituted, by stimulating interesi in and care for the beaiity, history and character of the said town and by encouraging the preservation of features of general public amenity or historic interest therein. The trustees have reviewed their objectives, policies and activities to ensure they continue to reflect rhe Chariry's aims. In carrying OUL this review they have considered the Chariry CommissioTh's revised general guidance on public benefit. STATUS OF CHAPJTY The Chariry adopted constitution and rules and was registered as a charity on 31 October 2019. The charity nurnber 15 1186068. STRUCTURE OF THE CHARTTY The Charity is run by a board of trustees and during the year these were as follows- Judith Bairon Camline Morgan Kevin Wherry Christine Montague James Mustoe Deirdie Allen Susan Coates Larry Beardsmore John Fillingham (appointed 08/10/2024) Anthony Middleton (appointed 08/10/2024) New tn￿teeS are appointed by the existing trustees using the provisions of the governing document. The principal address of the Charity is:_ Frazier House East wharf Mevagi5sey St AustelE Cornwall PL26 6QQ MEVAGISSEY AND DISTRICT I¥IUSEUM TRUSTEES RIPORT eontlnued FOR THE YEAR ENDED 31 DECEMBER 2024 The total receipts for the year were E31,863 (2023: £34,262). Total payments of £91,828 (2023- £13,164) were made, induding £77.557 for grant funded museum properry impmvemenrs and equipment. RISI£ RESERVES AND INVESTMENTS The tn￿leeS have assessed the major risks to which this Chariry is exposed relating to its operations and finance5 and are satisfied that under the present system in pla￿ there is no signifieant exposure. They have also considered whether some level of free re5erYes should be maintained and have decided that no reserves are necessary given the absente of aThy commiunent5 which could not be met by the disposal of a tansible asset. Investment poliey need not be considered as the Chariry has no slgnificant investsnents. BY ORDER OF THE BOARD C)L£ rustee T￿stee Date.. MEVAGISSEY AND DIsfiucT MUSEUM RECEIPTS AND PAYMENTS R THE YEAR ENDED 31 DECEMBER 2024 ur4REST FUNDS ED TAL NDS 2024 2024 2024 2023 REc￿vrS Donaiions and grants Donarlons for roof repair Grants for roof and front entrance Grant for new carpet Bank interest 14,004 14.004 1,219 15,682 700 258 15.416 18.727 1,219 15.682 700 258 119 TOTAL RECEIiryS 17,601 14.262 31,863 34.262 PAYTr1E￿s Repairs and maintenance Storage c05t5 Light and heat Council tax Insurance Telephone IT, computer and website costs Accountancy Legal and professional fees Books for re-sale Helston museum vi51t costs Sundry expenses Bank loan repayments 1,621 520 85 25 2,847 1,054 996 216 1,621 520 85 25 2,847 1,054 996 216 738 1,596 1670 825 96 204 468 455 344 3,900 468 455 344 422 3,771 12.531 12.531 10,322 PAYMENTS FOR ASSETS 77,557 79,297 TOTAL PAyME￿s 77.557 14.271 91,828 13,164 NET (PAYMENTS)/RECEIPTS FOR (59,956) (91 (59,965) 21,098 18,537 74.989 CASH FUNDS THIS YEAR EIWD (41,419) 56,443 15,024 74,989 MEVAGISSEY AND DISTIUCT I￿UsEUm OF ASSETS AND LIABILITIES AS AT 31 DECEIVIBER 2 Note 2024 2023 Treasurers account Savings account Cash 4,911 10,093 20 46,242 28,727 20 15,024 74,989 TOTAL WH FUNDS 15,024 74,989 OTHER ASSETS Stod( 833 ASSETS RETAINED FOR THE CHARITY'S OWN USE Fixed assets 176,030 LIABILITIES Bank loan falling due within one year Bank loan falling due after one year 840 720 34,335 The accounts were approved by the Trustees on. and signed on their behalf by.. Trustee Trustee EVA ISSEY AND DIsTlU￿ MUSEUM NOTES TO THE Accouwrs FOR THE YEAR ENDED 3 DE MBER 202 FIXED ASSETS Book value at 01.01.2024 Additlons at eost Grants received Book value at 31.12.2024 Freehold properry 86.942 75,340 162,282 Exhibits 1,414 1,414 Equipment 8.377 3,957 12,334 79,297 176 030 CASH FUNDS ANALYSIS Unrestricred 56,443 Restricted 141,419) TOTAL CASH FUNDS 15.024 RELATED PARTY TRANSACllONS AND TRusfEES REMUNERATION The Trustees received no retnuneration and there were no related paty transactions during the period. Company No. CE019384 Charity No. 1186068 Iv￿AGISsEy Af4D DISTIU MUSEUM ACCOUNTS YEAR ENDED 31 DECEMBER 2024 EPENDENT EXAMtNERS' REPORT TO THE TRUSTEES OF MEVAGISSEY AND DISTIUCT MUSEUM I report to the tru8tees on my examination of the accounts of Mevagissey and District Museum (the Clwiry) for the year ended 31 December 2024, whieh are set out on pages 4- 6. This reporr is made solely to the Charitls trn5tees. as a body) in accordan￿ with section 154 of the Charities Act 2011. My independeni examiner's work has been undertaken so that I might 5rate to the Charitys trusree5 those matters l am required to sta(e io ihem in an iTrdependent examinefs report and for no other purpose. To the fullest extent pennitted by law. I do noc accept or a55UTtLe responsibiliry to anyone oiher than the Chariry, the charitys members as a body and the Charitys trustees for my independent examinerfs work, for this report, or for the opinion5 1 have formed. Responsibillties and basls of report % the charlty m]stees of the Charity you are responsible for rhe preparation of the aceounts in accordance with the requirements of the Charities Act 2011 (the A￿). report in respect of my examination of the Chariryls accounts carried out under section 145 of the 2011 Aet and in catrying out rTry e￿Mination I have followed all the applicable Directions given by the Charity CoJnmission under section 14515)(b) of the Act. Independent examlner's 8tatement I have completed my examinatio￿ I can confllm that no material matters have come to my attention in connection with the examination giving rne cause to believe that in any mareTial respect.. accounting records were not kept in respect of the Charity as required by section 130 of the Act. or 2. the account5 do not accord with those records. I have no concerns and have come across no other matters in connection with the exatnination to which attention should be drawn in rhis report in order to enable a proper understanding of the accounts to be reaehed. Date: Jane C Web 9 Tregarne T ST AUSTELL Cornwau FCCA rraee MEVAGISSEY AIW D TEE REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 BACKGROUND The Charity was registered on 31 October 2019 and became operative on 30 August 2023 when the transfer of Assets Agreement was signed by the trustees of the uuiTrcorporated Charity uo. 258616 and trustees of this new Charity Incorpordted Organisation, no. 1186068- being the same persons. Charity no. 258616 was dissolved when the ownership of the land was transferred to the CIO by the Land Registry. OBJECTIVES AND ACTIVITIES The objective5 and activity of the Charity are to establish and maintain for the benefit of the public a local history museum in Mevagissey and to work for the public benefLt OE the inhabitanrs of Mevagissey. as from time ro time constituted, by stimulating interesi in and care for the beaiity, history and character of the said town and by encouraging the preservation of features of general public amenity or historic interest therein. The trustees have reviewed their objectives, policies and activities to ensure they continue to reflect rhe Chariry's aims. In carrying OUL this review they have considered the Chariry CommissioTh's revised general guidance on public benefit. STATUS OF CHAPJTY The Chariry adopted constitution and rules and was registered as a charity on 31 October 2019. The charity nurnber 15 1186068. STRUCTURE OF THE CHARTTY The Charity is run by a board of trustees and during the year these were as follows- Judith Bairon Camline Morgan Kevin Wherry Christine Montague James Mustoe Deirdie Allen Susan Coates Larry Beardsmore John Fillingham (appointed 08/10/2024) Anthony Middleton (appointed 08/10/2024) New tn￿teeS are appointed by the existing trustees using the provisions of the governing document. The principal address of the Charity is:_ Frazier House East wharf Mevagi5sey St AustelE Cornwall PL26 6QQ MEVAGISSEY AND DISTRICT I¥IUSEUM TRUSTEES RIPORT eontlnued FOR THE YEAR ENDED 31 DECEMBER 2024 The total receipts for the year were E31,863 (2023: £34,262). Total payments of £91,828 (2023- £13,164) were made, induding £77.557 for grant funded museum properry impmvemenrs and equipment. RISI£ RESERVES AND INVESTMENTS The tn￿leeS have assessed the major risks to which this Chariry is exposed relating to its operations and finance5 and are satisfied that under the present system in pla￿ there is no signifieant exposure. They have also considered whether some level of free re5erYes should be maintained and have decided that no reserves are necessary given the absente of aThy commiunent5 which could not be met by the disposal of a tansible asset. Investment poliey need not be considered as the Chariry has no slgnificant investsnents. BY ORDER OF THE BOARD C)L£ rustee T￿stee Date.. MEVAGISSEY AND DIsfiucT MUSEUM RECEIPTS AND PAYMENTS R THE YEAR ENDED 31 DECEMBER 2024 ur4REST FUNDS ED TAL NDS 2024 2024 2024 2023 REc￿vrS Donaiions and grants Donarlons for roof repair Grants for roof and front entrance Grant for new carpet Bank interest 14,004 14.004 1,219 15,682 700 258 15.416 18.727 1,219 15.682 700 258 119 TOTAL RECEIiryS 17,601 14.262 31,863 34.262 PAYTr1E￿s Repairs and maintenance Storage c05t5 Light and heat Council tax Insurance Telephone IT, computer and website costs Accountancy Legal and professional fees Books for re-sale Helston museum vi51t costs Sundry expenses Bank loan repayments 1,621 520 85 25 2,847 1,054 996 216 1,621 520 85 25 2,847 1,054 996 216 738 1,596 1670 825 96 204 468 455 344 3,900 468 455 344 422 3,771 12.531 12.531 10,322 PAYMENTS FOR ASSETS 77,557 79,297 TOTAL PAyME￿s 77.557 14.271 91,828 13,164 NET (PAYMENTS)/RECEIPTS FOR (59,956) (91 (59,965) 21,098 18,537 74.989 CASH FUNDS THIS YEAR EIWD (41,419) 56,443 15,024 74,989 MEVAGISSEY AND DISTIUCT I￿UsEUm OF ASSETS AND LIABILITIES AS AT 31 DECEIVIBER 2 Note 2024 2023 Treasurers account Savings account Cash 4,911 10,093 20 46,242 28,727 20 15,024 74,989 TOTAL WH FUNDS 15,024 74,989 OTHER ASSETS Stod( 833 ASSETS RETAINED FOR THE CHARITY'S OWN USE Fixed assets 176,030 LIABILITIES Bank loan falling due within one year Bank loan falling due after one year 840 720 34,335 The accounts were approved by the Trustees on. and signed on their behalf by.. Trustee Trustee EVA ISSEY AND DIsTlU￿ MUSEUM NOTES TO THE Accouwrs FOR THE YEAR ENDED 3 DE MBER 202 FIXED ASSETS Book value at 01.01.2024 Additlons at eost Grants received Book value at 31.12.2024 Freehold properry 86.942 75,340 162,282 Exhibits 1,414 1,414 Equipment 8.377 3,957 12,334 79,297 176 030 CASH FUNDS ANALYSIS Unrestricred 56,443 Restricted 141,419) TOTAL CASH FUNDS 15.024 RELATED PARTY TRANSACllONS AND TRusfEES REMUNERATION The Trustees received no retnuneration and there were no related paty transactions during the period.