2021-03-31-accounts - Sea Trust Wales

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			Page
Report of the Trustees			3-6
Independent	Examiners	Report
Statement	of Financial	Affairs
Statements	of Assets and Liabilities
Notes to the financial statements			10-12

Reference	and Administrative	and Administrative	and Administrative	and Administrative	and Administrative	and Administrative	Information	Information
Chairperson										Don Godfrey
Trustees										Frances Eggby (secretary)
										Dan Worth
										Anthony Lucas
										Clifford Benson
										Clive Edward Cross
										Marilyn Jenkins
Registered		Office								Ocean Lab
										The Parrog
										Goodwick
										Pembrokeshire
										SA64 ODE
Registered		Company		Number						CE019453 (England	&Wales)
Registered		Charity Number								1186160
Accountants										Pritchard &Co., Ffynnonddofn,				74 High Street,
										Fishguard, Pembrokeshire,		SA65			QAU
Bankers										Lloyds Bank pic, 7Victoria		Place,			Haverfordwest
										Pembrokeshire, SA61	2JX
Structure,		Governance			and	Management
The charity	is		a company		limited		by guarantee		and	none of the officers hold	any	shares			in the
company.	A	committee		of management				administers		the charity. As identified	in the		constitution
the members			of the CIO		shall	be	its charity trustees			for the time being. The	only	persons eligible
to be members			of the CIO are its charity					trustees. Membership of the CIO cannot				be		transferred
to anyone	else. Any member					and charity		trustee who ceases to be a charity			trustee		automatically
ceases to	be a member				ofthe CIO.

Sea Trust Wales Statement of Assets and Liabilities as at 31st March 2021				Page 9
				31 Mar 2021
		Unrestricted	Restricted	Total
		funds	funds	Funds
	Notes
CURRENT ASSETS
Debtors		0	2,496	2,496
Bank account and cash in hand		27,091	11,526	38,617
		27,091	14,022	41,113
CREDITORS
Amounts falling due within one year		20,000	11,526	31,526
		7,091	2,496	9,587
TOTAL ASSETSLESSCURRENT
LIABILITIES		7,091	2,496	9,587
NET ASSETS/(LIABILITIES)		7,091	2,496	9,587
FUNDS
Unrestricted funds				9,586
Restricted funds				0
Total funds				9,586

The average numb	er o	f mo	nthly em	ployees during the year w	as as follows:-
						31 March 2021
7.Debtors
						31 March 2021
Trade debtors						2,496
Prepayments						0
						2,496
8.Creditors: amounts	falling due after			more than one year
						31 March 2021
Trade Creditors						0
Social Security ad	other taxes					0
Accruals and deferred		income				11,526
						11,526
9.Movement in funds
				At	Net movement	At
				31 Mar 20	in funds	31 Mar 21
Unrestricted funds
Unrestricted funds grants/non		grants			9,586	9,586
Restricted funds
Restricted funds
					9,586	9,586
Net movement in funds,	included		in the above are as follows:
				Incoming	Resources	Movement
				Resources	Expended	in funds
Unrestricted funds
Unrestricted funds				10,022	436	9,586
Restricted funds
Restricted funds				24,146	24,146
				34,168	24,582	9,586

Sea Trust Wales	Sea Trust Wales	Page 12
Notes to the Accounts
for the year ended 31 March 2021
		31 March 2021
Income and endowments
Donations and	legacies
Donations		367
Grants		24,146
Other income		9,655
		34,168
Expenditure on:
Charitable activities
Labour costs		11,863
Subcontracted	costs	9,000
Projects expenditure		2,995
Questionaire Subscriptions		288
		24,146
Support costs
Management
Rent and rates	and light and heat
Insurances
Telephone
Finance
Bank charges
Information technology
Equipment, repairs and renewals		104
Governance
Legal fees		332
		436
Total resources	expended	24,582
Net income		9,586