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2024-01-31-accounts

Cadgwith Fishing Cove Trust CIO Charity Number 1195598

Financial Statements for the period ending 31 January 2024

Cadgwith Fishing Cove Trust CIO Income and Expenditure Account for the period ending 31 January 2024

£
£
Receipts
Donations
-
Interest
1,068
Loft Receipts
8,463
9,531
Payments
Bank Fees
72
Surveyor Fees
-
Insurance
1,661
Business Rates
601
Repairs
1,271
Administration
-
Legal Fees
-
3,605
Surplus/(Deficit) for the year
5,926
2,024
£
£
1,337
-
8,400
9,737
108
720
1,580
-
82
10
2,725
5,225
4,512
2,023
£
£
1,337
-
8,400
9,737
108
720
1,580
-
82
10
2,725
5,225
4,512
2,023
108
720
1,580
-
82
10
2,725
4,512

Cadgwith Fishing Cove Trust CIO

Trustees’ Annual Report for the period ending 31/01/2024

Charity Number 1195598

Objectives and Activities

Summary of the purposes of the charity as set out in its governing document (SORP Para 1.17):

For the public benefit, the preservation, protection, restoration, maintenance, repair and improvement of the historic grade II listed fishing buildings at Cadgwith Cove in the parish of Grade Ruan .

Summary of the main activities in relation to those purposes for the public benefit (1.17 and 1.19):

We have continued to maintain and repair the grade II listed buildings in the parish of Grade Ruan which we own and rent in order to preserve them for current and future generations. The local fishermen continue to use the buildings as they have for countless generations, and the general public continue to enjoy seeing the fishermen at work in and around the buildings.

Achievements and Performance

(1.20) This year we have tidied up in and around the buildings to make them more presentable and accessible to the general public. We have completely rewired one of the fishing lofts in order to provide new onshore facilities to a group of local anglers fishing from the cove.

Financial Review

We have had a successful year financially covering our outgoings and providing us with a surplus to invest in future maintenance and enhancement of the grade II listed buildings.

Policy on Reserves (1.22): We have substantial reserves of £120,000 which is set aside for a major repair programme to all three buildings, including replacing slate roofs and other items for repair identified by our surveyor.

enceandAdministrativeDeta ils
Charityname: CadgwithFishingCoveTrustCIO
RegisteredCharityNumber: 1195598
Charity'scorrespondenceaddress: TreleagueFarm
RuanMinor
Helston
CornwallTR127JP
Trustees: NigelJamesGreen
DannyJamesPhillips
BrettJose
(Francis Edward)JohnTrewin
Property Legal Owner: Allour freehold propertyisheldin
the nameofCadgwithFishing
CoveTrust CIO.