SOLENTMET SUPPORT CROUP
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TRUSTEE DIRECTORS’ REPORT FOR THE YEAR ENDED 31 MARCH 2024
Reference and administrative details
Charity number: 1191209 Company number: CE022995 Bankers: Lloyds Bank plc
Directors and trustees
The directors of the charitable company are its trustees for the purpose of charity law and throughout this report are collectively known as trustee directors.
The trustee directors serving during the year and since the year end were as follows:
| Barry Paul Blaydes | 09/09/20 |
|---|---|
| Thomas Paul Lincoln |
01/03/22 |
| Christabel Jane Blaydes | 09/09/20 |
| Nicholas Gordon Mansfeld Peters | 09/09/20 (Resigned 02/05/2023) |
| Michael Massey | 09/03/21 |
| Damon Repton | 28/03/23 |
Objectives and Management
Governing document
Solentmet Support Group is a registered as a charity with the Charity Commission and was registered on 09 September 2020. The Trustees directors, form the Management Committee.
Objectve
The preservation and protection of life of maritime users by the establishment and support of free websites and apps providing real time weather reports in the general Solent area via dedicated weather stations
The objective of the weather stations “Chimet and Cambermet” is to make available information on conditions in the Chichester Harbour and Entrance for the benefit of users of The Solent and Chichester Harbour. The information will be derived from instrumentation on Chichester West Pole and the Cambermet Pile and will comprise, as a minimum, wind speed and direction, and tidal height.
The objective is to provide the public with easy access to the data at no charge to the user except for special purpose functions.
SSG monitors the day-to-day performance of the system and identifies the cause of faults should they arise. CHC perform repairs as faults occur, and hold a set of spares, the scope of which is agreed with SSG.
SOLENTMET SUPPORT GROUP
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TRUSTEE DIRECTORS’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
Funding Policy
The charitable company is principally funded by donations from Users of the Solent Area be they Sailing Clubs or individuals.
During the year funding was provided for the ongoing development and maintenance of equipment and services.
Income generated was £7021 and expenses totalled £8055
Reserves Policy
The trustee directors consider that unrestricted funds sufficient to cover annual management and administrative costs should be maintained. Unrestricted funds were maintained at above this level throughout the year. Funds in excess of this amount are available to be expended in accordance with the charitable company’s objectives.
Statement of Trustee Directors’ Responsibilities
Company law requires the trustee directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the trustee directors are required to:
-
select suitable accounting policies and then apply them consistently.
-
make judgements and estimates that are reasonable and prudent.
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue on that basis.
The trustee directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 1985. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Risk Management
The trustee directors have assessed the major risks to which the charitable company is exposed, in particular those related to its finances, and are satisfied that systems are in place to mitigate the impact of such risks. These systems are subject to regular review.
Small Company Exemptions
This report has been prepared in accordance with the special provisions of Part VII of the Companies Act 1985 relating to small companies.
By order of the Trustee Directors
……………………………………….
Michael Massey TRUSTEE DIRECTOR
Date
| SOLENTMET SUPPORT GROUP CHARITY - INCOME AND EXPENDITURE FISCAL 2023 - 2024 | |
|---|---|
| TRANSACTION TYPE | 2023 |
| EXPENSES Andrews & Arnold Apps Campbell Scientifc Ebuyer Monitor Emworx Hydrographic Ofce Local Giving SSG Developer Windspeed TOTAL EXPENSES INCOME 2XS Club Anonymous CAFS Bembridge Har Chichester Harbour Federation Chichester YC Dell Quay SC Emsworth SC Emsworth Slipper Friends of Chi Har Hayling Island SC Local Giving West Wittering SC TOTAL INCOME TOTAL ACTIVITY CHANGE TRANSFERS Transfer from Savings Transfer to Savings TOTAL TRANSFER CHANGE Last fscalyear closing balance |
|
| £ 2,503.20 £ 180.00 £ 2,667.60 £ - £ - £ - £ - £ 300.00 £ 2,392.52 £ 3.73 £ 3.26 £ 4.56 £ 8,054.87 | |
| £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ -£ - £ - £ - £ - £ - £ 200.00 £ 300.00 £ - £ - £ - £ - £ - £ -£ 500.00 £ - £ - £ - £ - £ - £ - £ - £ 1,000.00 £ - £ - £ - £ -£ 1,000.00 £ - £ - £ - £ - £ - £ - £ - £ - £ 2,000.00 £ - £ - £ -£ 2,000.00 £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ -£ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ -£ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ -£ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ -£ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ -£ - £ 1,000.00 £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ -£ 1,000.00 £ 157.70 £ 220.58 £ 759.31 £ 116.16 £ 148.59 £ 76.14 £ 129.31 £ 197.44 £ 116.97 £ 145.20 £ 124.48 £ 329.59£ 2,521.47 £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ - £ -£ - |
|
| £ 1,157.70 £ 220.58 £ 759.31 £ 116.16 £ 348.59 £ 376.14 £ 129.31 £ 1,197.44 £ 2,116.97 £ 145.20 £ 124.48 £ 329.59 £ 7,021.47 | |
| -£ 1,345.50 £ 40.58 -£ 1,908.29 £ 116.16 £ 348.59 £ 376.14 £ 129.31 £ 897.44 -£ 275.55 £ 141.47 £ 121.22 £ 325.03-£ 1,033.40 | |
| £ - £ - £ - £ - £ - £ - £ - £ - £ 2,467.36 £ - £ - £ -£ 2,467.36 £ - £ - £ - £ - £ - £ 14,700.00 £ 480.00 £ 875.00 £ 2,130.00 £ 150.00 £ - £ 200.00£ 18,535.00 |
|
| £ - £ - £ - £ - £ - -£ 14,700.00 -£ 480.00 -£ 875.00 £ 337.36 -£ 150.00 £ - -£ 200.00-£ 16,067.64 | |
| £ 17,423.95 | |
| £ 17,423.95 | |
| CURRENT ACCOUNT BANK BALANCE | £ 16,078.45 £ 16,119.03 £ 14,210.74 £ 14,326.90 £ 14,675.49 £ 351.63 £ 0.94 £ 23.38 £ 85.19 £ 76.66 £ 197.88 £ 322.91 £ 322.91 |
| Transfer IN from Current Account Interest earned Transfer OUT to Current Account Last fscalyear closing balance |
£ - £ - £ - £ - £ - £ 14,700.00 £ 480.00 £ 875.00 £ 2,130.00 £ 150.00 £ - £ 200.00£ 18,535.00 £ - £ - £ - £ - £ - £ - £ 10.50 £ 16.70 £ 17.31 £ 16.30 £ 17.51 £ 17.61£ 95.93 £ - £ - £ - £ - £ - £ - £ - £ - £ 2,467.36 £ - £ - £ -£ 2,467.36 £ - |
| £ - | |
| SAVINGS ACCOUNT BANK BALANCE | £ - £ - £ - £ - £ - £ 14,700.00 £ 15,190.50 £ 16,082.20 £ 15,762.15 £ 15,928.45 £ 15,945.96 £ 16,163.57 £ 16,163.57 |
| TOTAL SSG FUNDS | £ 16,078.45 £ 16,119.03 £ 14,210.74 £ 14,326.90 £ 14,675.49 £ 15,051.63 £ 15,191.44 £ 16,105.58 £ 15,847.34 £ 16,005.11 £ 16,143.84 £ 16,486.48 £ 16,486.48 |
08/21/2024 07:08:03