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2023-04-01-accounts

lllijy tllo, Aatcth]@try rth nservat 1193944 arKo i>OTt. LOBSTER

WHITBY LOBSTER HATCHERY YEAR TWO REPORT INTRODUCTION CHARITABLE OBJECTS THE ADVANCEMENT OF EDUCATION FOR THE PUBLIC BENEFIT IN: (A) THE CONSERVATION, PROTECTION AND IMPROVEMENT OF THE MARINE ENVIRONMENT OF THE NORTH EAST COAST BY:. THE OPERATION OF A PUBLIC MARINE SPECIES EDUCATION FACILITY IN WHITBY;. PROMOTING AND SUPPORTING RESEARCH INTO THE MARINE ENVIRONMENT, INCLUDING FISHERIES SCIENCE AND FISHERIES STOCKS, AND THE EUROPEAN AND OTHER VARIETIES OF LOBSTER. (B) THE MARINE AND FISHERIES HERITAGE OF WHITBY. CONSERVATION We aim to release 100,000 juvenile lobsters to protect and conserve the marine ecological balance. EDUCATION We alongside the Discovery Centre Whitby we aim to provide fur), interactive and educational workshops for all. RESEARCH Our facility is well suited to provide excellent opportunities for world class research. CONSERVE EDUCATE PESFADeH www.whitbylobsterhatchery.co.uk G•t In toueh yorkshlrelobsterhatchery@gmall.com •i#•r•d n95944 000

WHITBY LOBSTER HATCHERY YEAR TWO REPORT CONTENTS A word from our Manager Joe Redfern Page 4 Trustees Annual Report Pages 5 14 Independent examiner's report on the accounts Pages 15 16 Balance Sheet Page 17 Fixed Asset Reconciliation Page 18 Profit & Loss Pages 19 - 20 LOBSTER I WHIIBX LOBSTER HATCHERY,; Ililll

This year has marked significant progress for the Whitby Lobster Hatchery, wlth notable achlevements and strldes toward reallslng our ambltlons. Throughout th• summ•r months, w• w•r• thrill•d to host num•rou$ Interested and enthusiastlc visitors. Desplte our facillty not belng fully completed, we managed to provide insight into the charity's work, articulate along the Yorkshlre coast. Thls perlod allowed us to garner supporters, s¢xlal m•dia follow•rs, and •v•n inspir• prosp•¢tiva marin• biologists, emphaslsing the Importance of education to both me and our charity. l am slncerely proud of what we have accomplished so far. LOBSTER 4rcHe In the aftermath of the mass mortalltles In the North East. whl¢h began In Octobgr 2021, th• fishing industry fac•d dg•p ¢onc•rns for its futur•. Landings sharply declined as thousands of crabs and lobsters washed up along the beaches. Playing a Central role in the Campaign to understand the incident and prevent its recurrence, l engaged in efforts to address the aftermath. Today, the ecosystems along the coast remain disrupted, Impacting our coastal communities. During thls reportin9 period. l joinod local fisherman Stan Rennie in presenting evidence to a select committee in the Houses of parliament. The ¢harity'$ perspective is that a sharp, short, and destructive pollution event caused the mass mortalities, and we continue to collaborate with regional universities to investigate the ongoing disaster. In more positive developments during this reporting period, we successfully released our first juvenile lobsters Into the North Sea. Thls marks the flrst lobster raSsed by our charltyj wlth hopes of many more to follow in the future. While we acknowledge that our efforts won't resolve all the biodiversity issues facing our coastline. we believe they bring hope to our coastal communities by reinforcing and, In some cases, reestablishing lobster populations. Additionallyj our focu5 on vital educational activities contributes to developing our knowledge base. Wlth the completlon of the Installatlon of hatchery equlpment. we are now a slgnlflcant step closer to realising our ambitions. The state-of-the-art system provides an excellent facility for research, education, and the ¢ru¢ial release of juvenile lobsters into the wild. Many thank$ to Ocean On Land Te¢hnologyJ JD Roaches, lan Hazard, Whitby's fishermen, ATE services, and everyone else who contributed to the successful installation. The impact of this achievement is already evident and will continue to be in the years to come. Flnally, I would Ilke to express Immense gratltude to all our supporters, followers, lobster enthuslasts, funders. volunteers. trustees, fishermen, IBUY One Release One, members, and everyone else who contributed to our growth and development. The 2022-2023 period has been an extraordinary year for our charity's development. but we are well aware that even more impactful years lie ahead. Joe Redfern Manager w￿ItbY Loljster H,Itcl7ev Pier Road, Whitby, North Yorkshire. Y0213PU. Unlted Klngdom yorkshirelobsterhatchery@gmail.com whitbylobsterhir tchery.co.uk @ Lobster H4tchery All Rlghls ReserKd Re9lStered chIr￿ Nv. 1195944 Follow us on riffiwoa 4

Trustees’ Annual Report for the period

From 01/04/2022 Period start date To 31/03/2023 Period end date Charity name: North Sea Conservation [Whitby Lobster Hatchery]

Charity registration number: 1193944

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 The advancement of education for the
public benefit in: (a) the conservation,
protection and improvement of the
marine environment of the north east
coast by: - the operation of a public
marine species education facility in
Whitby; - promoting and supporting
research into the marine environment,
including fisheries science and fisheries
stocks, and the European and other
varieties of lobster. (b) the marine and
fisheries heritage of Whitby.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17 and
1.19
Conservation
-
Throughout 2022-2023 the charity
continued to progress with the
development of the lobster hatchery
-
From April 2022 until August 2022
the hatchery was operated via a
simple unsophisticated set up,
however the concept allowed the
charity it learn about the process
and also teach our staff, volunteers
and indeed the public about lobster
and their importance to our coastal
community
-
After all the design work and
relevant planning permissions were
granted in August 2022 the
temporary hatchery system was
removed to make way for the more
sophisticated and permanent option.
Building work started in August
2022 including initial capital works,
plumbing and other contractors.
Education
-
Education is a vital part of our
charities work. Over the 2022-23
period we were able to engage with
various events, shows and talks

5

connecting with over 1000 people in
our area.
-
Additionally, over the summer
months of 2022 we hosted many
hundreds of people at the hatchery.
We were able to provide talks,
information and give people chance
to get up close with lobsters and
other marine life. In groups of up to
40 people including children
attended talks at our facility learning
about the marine environment,
fisheries science, marine biology
and our maritime history in Whitby.
Research
-
Before we have our hatchery fully
installed it is difficult to make solid
inroads into the research aspect of
our charities work. Nevertheless we
have made some progress by
generating contacts with regional
universities with the scope to deliver
research in partnership in the future.
-
In collaboration with The University
of Teesside we hosted a placement
student who spent 3 months full
time working at the hatchery. The
intern was able to contribute to
various elements of the charity and
gained valuable insight and
knowledge to help their studies and
future career.
-
Additionally, we hosted two marine
biology undergrads for a 2 week
placement in 2023. The students
gained insights and information on
our maritime heritage, fisheries and
marine biology.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 All trustees have regard to the public
benefit guidance as issued by the
charity commission. The trustee board
are actively seeking trustee training to
strengthen understanding and
application of the guidance.

6

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38 N/a
Policy on social investment
including program related
investment
Para 1.38 N/a
Contribution made by
volunteers
Para 1.38 The charity was fortunate enough to attract
multiple volunteers between 2022-23.
Roughly 12 volunteers contributed to the
charities aims and objective conducting
various tasks including hatchery operation,
maintenance, social media, public
outreach.
Other N/a

7

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 Connected with roughly 5000 people,
providing information, education and
inspiration to people from across the
region.
Made significant progress on the
development of the lobster hatchery
facility, ready for 2023-24 season.
Released our first ever juvenile lobsters
from the Whitby Lobster Hatchery.
Informed the public about the mass
mortality event which shock the
coastline throughout 2022.
Provided education about lobsters,
fisheries and maritime history to
roughly 5000 people over the course of
the year.
Worked with universities to provide
opportunities for research and
placements.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41 To install the lobster hatchery facility –
achieved
Begin to inform, educate and inspire the
general public about native marine
biodiversity, maritime history and the
work of our charity– achieved
Performance of fundraising
activities against objectives
set
Para 1.41 N/a
Investment performance
against objectives
Para 1.41 N/a
Other N/a

8

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 Finances were reviewed by the
accountants and trustees.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 Due to the charities infancy, we current
have no liabilities including staff, rent or
bills. We are also going through a phase
of building development, organisation
and growth. Therefore, while the charity
trustees see the important of holding
reserves and the need to set up a
reserves policy, it is not currently in
place. As a trustee board we will be
working towards creating a policy of
reserves by the end of reporting for
2023/24.
Amount of reserves held Para 1.22 £0
Reasons for holding zero
reserves
Para 1.22 Deemed to be unnecessary at this stage
of the charity development. No liabilities
so no risk in not holding reserves while
development work is ongoing. We are
planning to in the future hold a separate
account at the bank for reserves which
will be including in the drafted reserves
policy.
Details of fund materially in
deficit
Para 1.24 N/a
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 N/a

9

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)
Para 1.47 Donations from individuals, businesses
and large industry
Some government grants and local
council grants
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46 N/a
A description of the principal
risks facing the charity
Para 1.46 N/a
Other N/a

10

Structure, Governance and Management

Description of charity’s
trusts:
charitable incorporated organisation (CIO)
Type of governing document
(trust deed, royal charter)
Para 1.25 Articles of Association
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 CIO
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 Locally advertised or invitation to join
the trustee board

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction
and training of trustees
Para 1.51 All trustees have been giving access to
the articles of association, most recent
accounts, trustee resources via the .gov
website plus additional required
information
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51 Currently not established however in
future years the charity aims to have a
partnership with an Community Interest
Company housed in the same
Relationship with any
related parties
Para 1.51 N/a
Other N/a

Reference and Administrative details

Charity name North Sea Conservation
Other name the charity uses Whitby Lobster Hatchery
Registered charity number 1193944
Charity’s principal address Whitby Fish Market
9 Pier Road
Whitby
YO21 3PU

11

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Trustee name Office (if any) Dates acted if not for whole year Name of person (or body)
entitled to appoint trustee (if
any)
Gail Mackle STARTED TRUSTEESHIP
10/02/2023
TerryPearson
Mike Russel
James Cole
Neil Pickard STARTED TRUSTEESHIP
10thFeb 2023
Alice Ackroyd STARTED TRUSTEESHIP
4thApril 2022
Hero Sumner
Richard Pashby
Joe Redfern ENDED TRUSTEESHIP
September 2022

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

12

Funds held as custodian trustees on behalf of others

Description of the assets N/a held in this capacity Name and objects of the N/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/a safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

13

Declarations
Thetrusteesdeclare thattheyhaveapproved thetrustees' teportabove.
Signedonbehalf of the charity'strustees
Signature(s)
fu{toGQrsss,
Fullname(s) Mt{tt-A..Pr.rc6,\6)
T*1agSCoue I'AiheQrrssel|
Position(eg Secretary,
Chair,etc)
15.01.2024

Section A

CHARITY COMMISSION Independent examiner's FOR ENGLAND AND WALES report on the accounts

Independent Examiner's Report

On accounts for the year ended Set out on pages

Charity no (if any)

I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention ( other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. * Pleas lete the words in the brackets if they do not apply.

Signed: ' "-=-----= ';), ..... � Date: I 0� / 0 I / J_O oL 4. I -= --=-[--] -----' Name:[I] £HH A �£1.l'DE- 'RSON Relevant professional qualification(s) or body Accfi (if any): ' I --------------------------' Address: � WE 51 \0Q , SC o , L\OlJ 6-H A Q '\3oQ uG-H NOR H ' R $H I Re lG V. \ \�W. 1' /O Yl

October 2018

15

IER

I [Section B ]

Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose.

October 2018

16

IER

Balance Sheet

North Sea Conservation

As at 31 March 2023

Balance Sheet
North Sea Conservation
As at 31 March 2023
Balance Sheet
North Sea Conservation
As at 31 March 2023
31 MAR 2023
31 MAR 2022
Fixed Assets
Tangible Assets
Computer Software
12,410.00
-
Fixtures & Fittings
40,094.18
-
Less Accumulated Depreciation Fixtures & Fittings
(2,181.42)
-
Less Accumulated Depreciation on Computer Software
(3,102.50)
-
Less Accumulated Depreciation on Office Equipment
(60.76)
-
Less Accumulated Depreciation on Plant and Machinery
(16,587.56)
(19.25)
Office Equipment
416.64
-
Plant and Machinery
171,961.46
210.00
Total Tangible Assets
202,950.04
190.75
Total Fixed Assets
202,950.04
190.75
Current Assets
Cash at bank and in hand
Charity Account
13,476.34
47,853.80
GoCardless-GBP
675.82
-
Stripe GBP
57.67
-
Total Cash at bank and in hand
14,209.83
47,853.80
Accounts Receivable
200.00
-
Total Current Assets
14,409.83
47,853.80
Creditors: amounts falling due withinone year
Accounts Payable
364.30
3,996.01
Accruals
460.00
400.00
GBP PayPal
279.95
-
Sundry Creditors
175,944.43
-
VAT
(32,390.84)
(4,762.93)
Total Creditors: amounts falling due within one year
144,657.84
(366.92)
Net Current Assets (Liabilities)
(130,248.01)
48,220.72
Total Assets less Current Liabilities
72,702.03
48,411.47
Net Assets
72,702.03
48,411.47
Capital and Reserves
Current Year Earnings
18,456.59
40,339.03
DLA B/Fwd
8,072.44
-
Owner A Funds Introduced
5,833.97
8,072.44
Profit & Loss B/Fwd
40,339.03
-
Total Capital and Reserves
72,702.03
48,411.47

17

Page 1 of 1

Balance Sheet North Sea Conservation 18 Dec 2023

Fixed Asset Reconciliation

North Sea Conservation

For the year ended 31 March 2023

SOURCE COST ACCOUNT OPENING COST OPENING ACCUM
DEP
OPENING BOOK
VALUE
CLOSING COST CLOSING ACCUM
DEP
CLOSING BOOK
VALUE
CLOSING BOOK
VALUE
Computer Software
Balance Sheet Computer
Software
- - - 12,410.00 3,102.50 9,307.50
Asset Register Computer
Software
- - - 12,410.00 3,102.50 9,307.50
Difference - - - - - -
Fixtures & Fittings
Balance Sheet Fixtures &
Fittings
- - - 40,094.18 2,181.42 37,912.76
Asset Register Fixtures &
Fittings
- - - 40,094.18 2,181.42 37,912.76
Difference - - - - - -
Leasehold Improvements
Balance Sheet Leasehold
Improvements
- - - - - -
Asset Register Leasehold
Improvements
- - - - - -
Difference - - - - - -
Office Equipment
Balance Sheet Office
Equipment
- - - 416.64 60.76 355.88
Asset Register Office
Equipment
- - - 416.64 60.76 355.88
Difference - - - - - -
Plant and Machinery
Balance Sheet Plant and
Machinery
210.00 19.25 190.75 171,961.46 16,587.56 155,373.90
Asset Register Plant and
Machinery
210.00 19.25 190.75 171,961.46 16,587.56 155,373.90
Difference - - - - - -
Total Difference - - - - - -

18

Page 1 of 1

Fixed Asset Reconciliation North Sea Conservation 18 Dec 2023

Profit and Loss

North Sea Conservation

For the year ended 31 March 2023

Profit and Loss
North Sea Conservation
For the year ended 31 March 2023
2023 2022
Turnover
Donations 72,576.55 86,537.78
Other Revenue - 4,960.00
Sales 2,939.67 -
Total Turnover 75,516.22 91,497.78
Cost of Sales
Cost of Goods Sold 3,948.28 2,315.96
Direct Wages - 1,638.00
Total Cost of Sales 3,948.28 3,953.96
Gross Profit 71,567.94 87,543.82
Administrative Costs
Advertising & Marketing 590.49 6,968.53
Audit & Accountancy fees 60.00 400.00
Bank Fees 131.09 54.00
Charitable and Political Donations 428.37 -
Consulting 30,840.67 30,284.59
Depreciation Expense - Computer Software 3,102.50 -
Depreciation Expense - Fixtures & Fittings 2,181.42 -
Depreciation Expense - Office Equipment 60.76 -
Depreciation Expense - Plant & Machinery 16,568.31 19.25
Entertainment-100% business 312.50 -
General Expenses 818.55 1,113.67
Insurance 379.51 -
Interest Paid (0.41) -
IT Software and Consumables 339.68 72.00
Legal Expenses 500.00 3,581.67
Motor Vehicle Expenses 313.93 -
Planning & Development 12,088.24 -
Postage, Freight & Courier 117.03 -
Printing & Stationery 526.18 331.97
Prior Year Adjustment (12,967.00) -
Rates - 3,023.95
Rent 5.00 25.00
Repairs & Maintenance 5,409.61 1,330.16
Site Hire 2,010.04 -
Telephone & Internet 224.88 -
Travel - National 320.00 -
Total Administrative Costs 64,361.35 47,204.79
Operating Profit 7,206.59 40,339.03

19

Profit and Loss North Sea Conservation 2 Jan 2024

Page 1 of 2

Profit and Loss

2023 2022
Other Income
Grant 11,250.00 -
Total Other Income 11,250.00 -
Profit on Ordinary Activities Before Taxation 18,456.59 40,339.03
Profit after Taxation 18,456.59 40,339.03

20

Profit and Loss North Sea Conservation 2 Jan 2024

Page 2 of 2