Declarations The trustees declare that they have approved the trustees, report above. Slgned on behalf of the charlty's tru$te Slgnature(s) Full name(s) Position (og Secrntary, Chalr, etc) Date
Trustees’ Annual Report for the period
From Period start date To Period end date
Charity name:
Charity registration number:
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 by a skilled shipwright takes place. Over the next two years we hope to complete the restoration at which time the lifeboat 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 |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| Achievements against objectives set |
Para 1.41 | A local shipwright is carrying on restoration work |
| 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 |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Expenditure exceeded income, and it is recognised that significant funds will need to be raised to complete the project |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | There is no specific policy in place, but the trustees are anxious to maintain a surplus of at least £5000 |
| Amount of reserves held | Para 1.22 | £5000 |
| 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 |
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 | 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 | Inability to raise sufficient funds to complete the project |
| Other | N/A |
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 |
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 | ||||
| Annemarie Munro | ||||
– 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 held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for 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
Appledore Maritime Heritage Trust (Registered Charity1194252) Accounts 1[st] April 2023 to 31[st] March 2024 £ B/f 21374.15 Income Donations in memory of Richard Ker 682.41 Bideford Bridge Trust Grant 5000.00 Lloyds Bank compensation 20.00 5702.41 Expenses Chris Frisby renovation work on JHM III 4527.08 Grendle Enterprises container hire 1320.00 Website maintenance 216.00 Contribution to Richard Ker memorial bench 112.50 TTVS Annual subs 25.00 Association of Dunkirk Little Ships subs 25.00 Winter and Co Marine Insurance 1812.60 WDA Website transfer 360.00 8398.18 Excess expenditure over income (2695.77) Balance carried forward (1[st] April 2024) £21374.15 Less excess expenditure £2695.77
Balance c/f £18678.38