## **Trustees’ Annual Report for the period**
**From 1[st] April 2022 Period start date To 31[st] March 2023 Period end date**
## **Charity name: Appledore Maritime Heritage Trust**
## **Charity registration number: 1194252**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**For the benefit of the inhabitants of**
**Appledore and the surrounding area**|
|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|**The current project is to restore a lifeboat**
**that previously served Appledore**
**between 1912 and 1923**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Confirmed**|
## **Additional information (optional)**
## You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
## **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|**Work is ongoing in relation to the**
**lifeboat. She is currently housed in a**
**marquee where work takes place. Over**
**the next two years we hope to complete**
**the restoration at which time the life boat**
**will be made seaworthy and will be**
**publicly displayed. The restoration**
**process will involve local volunteers,**
**apprentices and enhance the retention of**
**traditional skills. Ultimately the restored**
**lifeboat will generate local interest in the**
**maritime heritage and drive economic**
**benefit through tourist interest.**|
|**Additional information (optional)**
You may choose to include further statements where relevant about:|||
|Achievements against
objectives set|Para 1.41|**The boat is securely housed. Work has**
**been undertaken to protect her from**
**deterioration.**|
|Performance of fundraising
activities against objectives
set|Para 1.41|**Grants have been received from local**
**trusts and councils sufficient to meet**
**current needs**|
|Investment performance
against objectives|Para 1.41|**Satisfactory**|
|Other||**N/A**|
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**Slightly more funds (£21k plus) are being**
**held than at the start of the year. The only**
**significant income was a grant of £10000**
**and this has been largely matched by**
**expenditure on restoring and bringing up**
**to date our website, insurance and**
**payments to the shipwright for work on**
**the boat**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**We have no formal policy in place, but we**
**are a small charity and are clear that we**
**need to keep enough in reserve to meet**
**one years anticipated expenditure**|
|Amount of reserves held|Para 1.22|**£10000**|
|Reasons for holding zero
reserves|Para 1.22|**N/A**|
|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**|
## **Additional information (optional)**
You may choose to include further statements where relevant about: **Currently grants** The charity’s principal sources of funds (including Para 1.47 any fundraising) **N/A** Investment policy and objectives including any Para 1.46 social investment policy adopted **No immediate risk identified** A description of the principal Para 1.46 risks facing the charity **N/A** Other
## **Structure, Governance and Management**
|Description of charity’s
trusts:||**For the benefit of the inhabitants of**
**Appledore and the local area**|
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Trust Deed**|
|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|**By invitation**|
## **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||
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charity name|Appledore Maritime Heritage Trust|
|---|---|
|Other name the charity uses||
|Registered charity number|1194252|
|Charity’s principal address|The Mount
Northdown Road
Bideford
EX39 3LP|
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**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 (ifany)**|
|---|---|---|---|---|
||Andrew Laugharne|Chair|||
||John Puddy||||
||David Avery||||
||Richard Ker||Died December 2022||
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– 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**
## **Funds held as custodian trustees on behalf of others**
Description of the assets None 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**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)**
**Full name(s)**
**Position (eg Secretary, Chair, etc)**
**Date**
Appledore Maritime Heritage Trust Accounts (1[st] April 2022 to 31[st] March 2023)
Opening Balance £20,529.93
Income
Stripe 24.33
Bideford Bridge Trust (Grant) 10,000.00
Kevin Slade (Donation) 50.00
10,074.33
Expenses
Taw and Torridge Tree Service 180.00 PVC Building Supplies 66.46 Sandbags 17.40
AI Museums Subscription 65.00 ADLS 25.00 Inprint Litho 147.60
WDA UK (Web Design) 3402.00
Schiller Electrical (electrics to unit) 927.43
Go Cardless (Web Hosting) 144.00
Drainpipe purchase 66.86
Chris Frisby work on JHM III 2068.70 Winter and Co Marine Insurance 1751.00
West of England Finance 200.70 Grendle Enterprise (Hire of secure unit) 142.96
TTVS Subscription 25.00
9230.11
Excess income over expenditure £844.22
Closing balance (31[st] March 2023) £21374.15