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||||Page|
|---|---|---|---|
|Charity information||||
|Report ofthe|Chair|||
|Report ofthe|Trustees|||
|Independent|Examiner's|Report||
|statement<br>of|Financial A«tivities|||
|Balance sheet|||10|
|Notes tothe financial statements|||11-19|





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|TRUSTEES||Captain I Rose MNM (Chairl|Captain I Rose MNM (Chairl|Captain I Rose MNM (Chairl|||
|---|---|---|---|---|---|---|
|||Mr I Cusiter|||||
|||Mr I Robson —resigned||11April 2021|||
|||Mr G Mackenzie|||||
|||Mr P Stephens|||||
|||Mr I Rice —resigned 11April||||2021|
|||Ms CAbert —appointed||11April 2021|||
|||Mr H Chappell —appointed|||11April 2021||
|||Captain<br>M Phipps|—appointed|||11April 2021|
|||Ms R Sloss —appointed||11April 2021|||
|||Mr P Smith —appointed||11April 2021|||
|||Mr SFarrington<br>—appointed||||11April 2021,|
||||resigned||1|October 2021|
|REGISTERED ADDRESS||11AvonborneWay|||||
|||Chandlers<br>Ford|||||
|||Eastleigh|||||
|||5053 1TF|||||
|CHARITY NUMBER||1189179|||||
|WEBSITE||www. ss-shieldhall.|co.uk||||
|ACCOUNTANTS||Compass Accountants||Limited|||
|||Venture<br>House|||||
|||The Tanneries|||||
|||East Street|||||
|||Titchfieid|||||
|||Hampshire|||||
|||P0144AR|||||
|INDEPENDENT|EXAMINER|Kerry Lawrence<br>FCA|||||
|BANKERS||Santander<br>UK Pic|||||
|||2 Triton Square|||||
|||Regents Place|||||
|||London|||||
|||NW2 3AN|||||





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|<br><br>Forthe year ended 31"Octob|er 2021|er 2021||||||
|---|---|---|---|---|---|---|---|
||Unrestricted||Restricted|2021|Unrestricted|Restricted|2020|
|||funds|funds|Total|funds|funds|Total|
||Notes|6|6|6|6|6|6|
|Income from:<br>Donations from predecessor<br>Donations<br>and legacies|charity<br>2|192,002|7,655|199,657|247,770<br>12,800|106,164|353,934<br>12,800|
|Charitable<br>activities<br>Other trading activities<br>Grants|3<br>4<br>5|109,301<br>20,779|69,200|109,301<br>20,779<br>69,2DO|1,771||1,771<br>85,600|
|Total income||322,082|76,855|398,937|262,341|191,764|454,105|
|Expenditure<br>on:||||||||
|Tundra ising costs<br>Charitable<br>activities<br>Governance<br>costs|6<br>7|6,610<br>165,651<br>7,765|1,388<br>165,487|7,998<br>331,138<br>7,765|6,655<br>6,548|35,523<br>34|42,178<br>6,582|
|Tota I expenditure||180,026|166,875|346,901|13,203|35,557|48,760|
|Net income/(expenditure)||142,056|(90,020)|52,036|249,138|156,207|405,345|
|Transfer between<br>funds||14,057|(14,057)|||||
|Net movement<br>in funds||156,113|(104,077)|52,036|249,138|156,207|405,345|
|Reconciliation<br>offunds:||||||||
|Total funds brought<br>forward||249,138|156,207|405,345||||
|Total funds carried forward||405,251|52,130|457,381|249,138|156,207|405,345|





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|Balance Sheet|||||||
|---|---|---|---|---|---|---|
|as at31"October 2021|||||||
|||||2021||2020|
|||Notes|||||
|Fixed assets|||||||
|Intangible<br>assets<br>Tangible assets<br>Investments||11<br>12<br>13||4,688<br>100||6,750<br>8,641|
|||||4,788||15,391|
|Current assets|||||||
|Stock||14|21,110||25,118||
|Debtors||15|22,709||13,636||
|Cash at bank and in hand|||444,583||381,805||
||||488,402||420,559||
|Creditors: amounts|falling||||||
|due within one year||16|(35,809)||(30,605)||
|Net current assets||||452,593||389,954|
|Total assets less current|||||||
|liabilities||||457,381||405,345|
|Net assets||||457,381||405,345|
|Capital and reserves||17|||||
|Unrestricted<br>funds||||405,251||249,138|
|Restricted funds||||52,130||156,207|
|Total funds||||457,381||405,345|






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|||Unrestricted|Restricted|2021|Unrestrkted|Restricted|2020|
|---|---|---|---|---|---|---|---|
|||funds|funds|Total|funds|funds|Total|
||||E|E|E|E|E|
|Ticket sales||95,704||95,704||||
|Charters||11,250||11,250||||
|Courses||1,297||1,297||||
|Filming|fees|1,050||1,050||||
|||109,301||109,301||||





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|Income from|other trad|ing activities||||||||
|---|---|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|||2021<br>Unrestricted<br>Restricted|||2020|
|||funds||funds<br>f||Total<br>f|funds<br>f|funds<br>f|Total<br>f|
|Membership|subscriptions|13,445|||13,445||1,771||1,771|
|Raffles||1,573||||1,573||||
|Lottery||5,736||||5,736||||
|Other trading|activities|25||||25||||
|||20,779|||20,779||1,771||1,771|
|Grants||||||||||
|||Unrestricted|Restricted|||2021<br>Unrestricted||Restricted|2020|
|||funds||funds<br>f||Total<br>f|funds<br>f|funds<br>f|Total<br>f|
|National<br>Lottery Heritage||Fund||8,000||||85,600|85,600|
|Culture Recovery Fund||||61,200|61,200|||||
|||||69,200||69,200||85,600|85,600|
|Activities undertaken||directly||||||||
|||Unrestricted||Restricted||2021|Unrestricted|Restricted|2020|
||||funds|funds||Total|funds|funds|Total|
||||f||f|f||f|f|
|Fuel|||37,481|||37,481||||
|pilots berthing|||18,131|||18,131||||
|Utilities|||6,474|||6,474||||
|Insurance|||4,792|||4,792|1,7D7||1,707|
|Ship repairs|and maintenance||32,945|104,172||137,117|1,525|18860|20 385|
|General<br>repairs and maintenance|||12,778|||12,778||||
|Marketing|||8,576|||8,576||||
|Card charges|||2,039|||2,039||||
|Event costs|||1,430|||1,430||||
|Travel and subsistence|||2,819|||2,819||||
|Professional|fees||25,001|37,162||62,163|836|16,663|17,499|
|Sundry expenses<br>Depreciation|||2,482<br>10,703|24,153||26,635<br>1D,703|2,587||2,587|
||||165,651|165,487||331,138|6,655|35,523|42,178|



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|||||||Governance|2021|Governance|2020|
|---|---|---|---|---|---|---|---|---|---|
|||||||costs|Total|cos'ts|Total|
|||||||6|6||6|
|Independent|examiner's||fee|||1,200|1,200|2,400|2,400|
|Accountancy|fees|||||2,7DD|2,700|2,40D|2,400|
|Telephone,|stationery|and office||||1,746|1,746|1,174|1,174|
|Bank charges||||||240|240|50|50|
|Subscnptions||||||306|306|||
|Internet||||||1,573|1,573|518|518|
|||||||7,765|7,765|6,582|6,582|
|Net incoming resources for the year||||||||||
|||||||||2021|2020|
|||||||||6|6|
|Net outgoing|resources||is stated|after charging:||||||
|Depreciation|and other||amounts|written offtangible|fixed|assets||10,703|2,587|
|Independent|examiner's||remuneration|||||1,200|2,400|
|Independent|examiner's||remuneration<br>from other work|||||2,700|2,400|



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|1.|Intangible<br>fixe|d assets||||
|---|---|---|---|---|---|
|||||Website|Total|
|||||E|E|
||Cost|||||
||At 1November|2020||8,250|8,250|
||Additions|||||
||Disposals|||||
||At 31October 2021|||8,250|8,250|
||Depreciation|||||
||At 1 November<br>2020<br>Charge for the year|||1,500<br>2,062|1,500<br>2,062|
||On disposals|||||
||At 31October 2021|||3,562|3,562|
||Net book values<br>At 31October 2021|||4,688|4,688|
||At 31October 2020|||6,750|6,750|
|12.|Tangible fixed assets|||||
||||Saloon|Equipment|Total|
||||6|6|6|
||Cost|||||
||At 1November|2020|367|9,361|9,728|
||Additions|||||
||Oisposals|||||
||At 31October|2021|367|9,361|9,728|
||Depreciation|||||
||At 1November<br>Charge for the|2020<br> year|367|720<br>8,641|1,087<br>8,641|
||On disposals|||||
||At 31October|2021|367|9,361|9,728|
||Net book values|||||
||At 31October|2021||||
||At 31October|2020||8,641|8,641|





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|||||||||||||||2021|2021||2020|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||||f||f|
||At cost|||||||||||||||||
||The investment<br>is the entire<br>Steamship<br>Shieldhall<br>Charity||||||issued<br> from The|share<br>capital of the following<br> Solent Steam Packet Limited|||UK registered<br>company,<br>transferred<br> on 12~April 2021:||||||to the|
|||||||||||||||||Reserves||
||||||||||Company|number||Share||capital|||2021|
||||||||||||||||||f|
||Shieldhall||Trading|Limited|||||05664230||||||||14,335|
||Summary||oftrading results:||||||||||||||2021<br>f|
||Turnover|||||||||||||||||
||Expenditure||||||||||||||||35,772<br>(21,868)|
||Net surplus||for the year||||||||||||||13,904|
|14.|Stock|||||||||||||||||
|||||||||||||||2021|||2020|
|||||||||||||||f|||f|
||Fuel and <br>Paint and|oil<br> consumables||||||||||||12,528<br>8,582|||14,490<br>10,628|
|||||||||||||||21,110|||25,118|
|15.|Debtors|||||||||||||||||
|||||||||||||||2021|||2020|
|||||||||||||||f|||f|
||Gift aid claim|||||||||||||12,561|||7,986|
||Prepayments|||||||||||||4,881|||5,550|
||Other debtors|||||||||||||5,267|||100|
|||||||||||||||22,709|||13,636|
|16.|Creditors:||amounts||falling|due within one year||||||||||||
|||||||||||||||2021|||2020|
|||||||||||||||f|||f|
||Accruals|||||||||||||11,529|||10,334|
||Other creditors|||||||||||||552|||6,736|
||Amounts|owing to||connected||companies||||||||23,728|||13,535|
|||||||||||||||35,809|||30,605|





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|Net ass|e|ts between funds||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|2021|
|||||6|6|
|Intangible||fixed assets|4,688||4,688|
|Investments|||100||100|
|Current|assets||436,272|52,130|488,402|
|Current|liabilities||(35,&09)||(35,809)|
||||405,251|52,130|457,381|
||||Unrestricted|Restricted|Total|
||||funds|funds|2020|
||||6||6|
|Intangible||fixed assets|6,750||6,750|
|Tangible||fixed assets|8,641||8,641|
|Current|assets||263,318|157,241|420,559|
|Current|liabilities||(29,571)|(1,034)|(30,605)|
||||249,138|156,207|405,345|



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|Unrestricted|funds|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||At|1|November|Incoming|Outgoing||At|31October|
|||||2020|resources|resources|Transfers||2021|
|||||6||6|||f|
|Unrestricted|funds|||249,138|322,082|(180,026)|14,057||405,251|
|||||249,138|322,082|(180,026)|14,057||405,251|
|||||At 23 Aprg|Incoming|Outgoing||At 31October||
|||||2020|resources|resources|Transfers||2020|
|||||6||6|||6|
|Unrestricted|funds||||262,341|(13,203)|||249,138|
||||||262,341|(13,203)|||249,138|





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|Financial instruments|Financial instruments||||||
|---|---|---|---|---|---|---|
|The carrying amounts ofthe charity's||financial instruments||are as follows:|2021|2020|
||||||6|6|
|Financial assets|||||||
|Debt instruments<br>measured<br>-Other debtors (note 15)<br>—Gift aid «laim (note 15)|at amortised||cost:||5,267<br>12,561|100<br>7,986|
||||||17,828|8,086|
|Financial liabilities|||||||
|Measured<br>at amortised cost<br>-Other creditors (note 16)<br>—Amount<br>owing to connected companies|||(note 16)||552<br>23,728|6,736<br>13,535|
||||||24,2SO|20,271|