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2022-12-31-accounts

Charity Numb

SUNDERLAND MARITIME HERITAGE

REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31st DECEMBER 2022

SUNDERLAND MARITIME HERITAGE

TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Charity Number 1193209 Principal Address 2 Church Street East Sunderland SR1 2BB

Trustees

Christopher Carolan - Chairman Robert Andrew Crompton Captain Peter Johnson James Sullivan Ian Arthur Murray Peter Geoffrey Wynn (Retired 30/6/22) Martin Wilson (Appointed 1/7/22)

1) Structure Governance and Management

The Charity known as Sunderland Maritime Heritage was founded on 17th No 2000 and re-registered on 22nd January 2021 under the provisions of the Cha 2011 as charity number 1193209.

The Trustees are elected by the members.

2) Objectives and Management

The Trustees have paid due regard to the Charity Commission's guidance on p benefit in deciding what activities the Charity should undertake during the ye

3) Achievements and Performance

During the year, the Charity continued its restoration of MFV Willdora and wo an ex-Royal Navy Cutter and Foy Cobble. Plans were also put into place for th restoration of Sunderland's Pilot Vessel MV Wearmouth, the last remaining wo hulled pilot cutter in the UK. Thanks to a successful Crowdfund Appeal funds w raised to bring back MV Wearmouth from Wales to commence work in early 2

SUNDERLAND MARITIME HERITAGE

TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

4) Financial Review

Review of the year

The results for the year and the Charity's financial position at the end of the y shown on the attached financial statements.

Reserves policy

The Trustees consider the level of reserves prudent for the Charity at this tim Reserves Policy is reviewed annually.

The Trustees declare that they have approved the Trustees' Report above.

Signed on their behalf by:

Name Christopher Carolan (Chairman)
Signed ……………………………….
Date ……………………………….

SUNDERLAND MARITIME HERITAGE

STATEMENT OF ASSETS AT 31 DECEMBER 2022

2022
£
Fixed Assets
Unrestricted:
Willdora
20,000
HMS Venerable
20,000
Royal Navy Cutter
500
Foy Cobble
200
Other Assets (tools and timber)
21,800
62,500
Current Assets
Bank
Restricted
6,000
Unrestricted
25,584
31,584
Cash
82
Paypal
422
Gift Aid
999
Crowdfund pledges - Restricted
7,287
40,374
102,874
Current Liabilities
Liabilities
1,237
101,637
2022
£
Fixed Assets
Unrestricted:
Willdora
20,000
HMS Venerable
20,000
Royal Navy Cutter
500
Foy Cobble
200
Other Assets (tools and timber)
21,800
62,500
Current Assets
Bank
Restricted
6,000
Unrestricted
25,584
31,584
Cash
82
Paypal
422
Gift Aid
999
Crowdfund pledges - Restricted
7,287
40,374
102,874
Current Liabilities
Liabilities
1,237
101,637
2022
£
Fixed Assets
Unrestricted:
Willdora
20,000
HMS Venerable
20,000
Royal Navy Cutter
500
Foy Cobble
200
Other Assets (tools and timber)
21,800
62,500
Current Assets
Bank
Restricted
6,000
Unrestricted
25,584
31,584
Cash
82
Paypal
422
Gift Aid
999
Crowdfund pledges - Restricted
7,287
40,374
102,874
Current Liabilities
Liabilities
1,237
101,637
20
30,000
22,000
0
0
1,200
28,460
70
395
364
0
102,874
1,237
101,637

The Charity has heritage assets with historic qualities that are held and maintained principally for their contribution to knowledge and culture.

Approved by the Board of Trustees and signed on its behalf by:

Name Christopher Carolan (Chairman) Name James Sullivan
Signed …………………….. Signed ……………………..

Date Date

SUNDERLAND MARITIME HERITAGE

RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

Opening Balance
Receipts
Restricted:
Grants
General
Project
Unrestricted:
Grants
General
Donations General
Project
Sales & Commissions
Gift Aid
Memberships
Plates
Total Receipts
Payments
Grants Expenditure
Willdora
Research
Other Projects
Project Purchases
Utilities
Rates
Insurance
Kitchen
Workshop
Ofce
Paypal fees
Plates
Total Payments
Closing Balance
2022
£
£
28,925
13,000
2,910
15,910
7,245
3,389
113
1,013
11,760
0
135
340
28,145
1,761
200
7,711
9,672
0
6,714
0
2,807
443
2,524
2,809
1
12
24,982
32,088
20
£
0
1,000
5,816
278
1,988
59
540
200
945
322
416
413
3,488
1,101
2,856
46
2,459
2,923
6
32

)er 1193209

ovember arity Act

ision of a nce the ugh the

kers that t shipyard

public ear.

rk on he ooden were 023.

lear are e. The

121 53.200 29,289 82,489 82,489

121 34.051 9,881 15.007 28.925

Charity Numb

SUNDERLAND MARITIME HERITAGE

REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31st DECEMBER 2022

SUNDERLAND MARITIME HERITAGE

TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Charity Number 1193209 Principal Address 2 Church Street East Sunderland SR1 2BB

Trustees

Christopher Carolan - Chairman Robert Andrew Crompton Captain Peter Johnson James Sullivan Ian Arthur Murray Peter Geoffrey Wynn (Retired 30/6/22) Martin Wilson (Appointed 1/7/22)

1) Structure Governance and Management

The Charity known as Sunderland Maritime Heritage was founded on 17th No 2000 and re-registered on 22nd January 2021 under the provisions of the Cha 2011 as charity number 1193209.

The Trustees are elected by the members.

2) Objectives and Management

The Trustees have paid due regard to the Charity Commission's guidance on p benefit in deciding what activities the Charity should undertake during the ye

3) Achievements and Performance

During the year, the Charity continued its restoration of MFV Willdora and wo an ex-Royal Navy Cutter and Foy Cobble. Plans were also put into place for th restoration of Sunderland's Pilot Vessel MV Wearmouth, the last remaining wo hulled pilot cutter in the UK. Thanks to a successful Crowdfund Appeal funds w raised to bring back MV Wearmouth from Wales to commence work in early 2

SUNDERLAND MARITIME HERITAGE

TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

4) Financial Review

Review of the year

The results for the year and the Charity's financial position at the end of the y shown on the attached financial statements.

Reserves policy

The Trustees consider the level of reserves prudent for the Charity at this tim Reserves Policy is reviewed annually.

The Trustees declare that they have approved the Trustees' Report above.

Signed on their behalf by:

Name Christopher Carolan (Chairman)
Signed ……………………………….
Date ……………………………….

SUNDERLAND MARITIME HERITAGE

STATEMENT OF ASSETS AT 31 DECEMBER 2022

2022
£
Fixed Assets
Unrestricted:
Willdora
20,000
HMS Venerable
20,000
Royal Navy Cutter
500
Foy Cobble
200
Other Assets (tools and timber)
21,800
62,500
Current Assets
Bank
Restricted
6,000
Unrestricted
25,584
31,584
Cash
82
Paypal
422
Gift Aid
999
Crowdfund pledges - Restricted
7,287
40,374
102,874
Current Liabilities
Liabilities
1,237
101,637
2022
£
Fixed Assets
Unrestricted:
Willdora
20,000
HMS Venerable
20,000
Royal Navy Cutter
500
Foy Cobble
200
Other Assets (tools and timber)
21,800
62,500
Current Assets
Bank
Restricted
6,000
Unrestricted
25,584
31,584
Cash
82
Paypal
422
Gift Aid
999
Crowdfund pledges - Restricted
7,287
40,374
102,874
Current Liabilities
Liabilities
1,237
101,637
2022
£
Fixed Assets
Unrestricted:
Willdora
20,000
HMS Venerable
20,000
Royal Navy Cutter
500
Foy Cobble
200
Other Assets (tools and timber)
21,800
62,500
Current Assets
Bank
Restricted
6,000
Unrestricted
25,584
31,584
Cash
82
Paypal
422
Gift Aid
999
Crowdfund pledges - Restricted
7,287
40,374
102,874
Current Liabilities
Liabilities
1,237
101,637
20
30,000
22,000
0
0
1,200
28,460
70
395
364
0
102,874
1,237
101,637

The Charity has heritage assets with historic qualities that are held and maintained principally for their contribution to knowledge and culture.

Approved by the Board of Trustees and signed on its behalf by:

Name Christopher Carolan (Chairman) Name James Sullivan
Signed …………………….. Signed ……………………..

Date Date

SUNDERLAND MARITIME HERITAGE

RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

Opening Balance
Receipts
Restricted:
Grants
General
Project
Unrestricted:
Grants
General
Donations General
Project
Sales & Commissions
Gift Aid
Memberships
Plates
Total Receipts
Payments
Grants Expenditure
Willdora
Research
Other Projects
Project Purchases
Utilities
Rates
Insurance
Kitchen
Workshop
Ofce
Paypal fees
Plates
Total Payments
Closing Balance
2022
£
£
28,925
13,000
2,910
15,910
7,245
3,389
113
1,013
11,760
0
135
340
28,145
1,761
200
7,711
9,672
0
6,714
0
2,807
443
2,524
2,809
1
12
24,982
32,088
20
£
0
1,000
5,816
278
1,988
59
540
200
945
322
416
413
3,488
1,101
2,856
46
2,459
2,923
6
32

)er 1193209

ovember arity Act

ision of a nce the ugh the

kers that t shipyard

public ear.

rk on he ooden were 023.

lear are e. The

121 53.200 29,289 82,489 82,489

121 34.051 9,881 15.007 28.925

Sunderland Marftlme Herltage (the charlty) Charlty No: 1193209 Independent examlnerfs report to the trustees I report to the trustee5 on my examination of the accounts of Sunderland Maritlme Heritage forthÈ year ended 31 December 2022. Res￿nSIbIlItIeS and baslsof ¥*port As the charty trustees you are responsible forthe Prepardtion of the accounts In accordance with the requirements of Charities Act 20111.the ACY). I report in respect of my examlnation of the Charity s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commlssion under secknon 14515llbl of the Act. Independent wmlnerfs statement I have completed my examination. I confimi that no material matters have come to my attention In Connertfjon with the examination giving me cause to believe that in any material ￿Spect-. accountlng records were not kept in ￿SpeCt of the Charity as required by section 130 of the Act: or the accounts do not accord with those ￿cOrdS. I have no Concerns and have come across no other matters in connectlon wtth the examination to which attention should be drawn in this rewrt in order to enable a proper understanding of the accounts to be reached. Signed: Name: Address.. Oate: Mrs Linda Merritt 42 Dykelands Road. Sundedand. Tyne & Wear SR6 8EP 2￿ Aprll 2023