# **North Shields Fishermen's Heritage Project**
A Charity Registered in England & Wales Registration no: 1197252
Trustees Report and Financial Statements For The Year Ended 31 December 2022
## **Legal and Administrative Information**
Name: **North Shields Fishermen's Heritage Project** Reg'd Charity No: 1197252 Structure Registered Charity
Management Committee members:
Chair Terry McDermott Administrator Charlie Steel Secretary Joyce Marti Treasurer Nik Hanlon Trustees : Lynn Collins Linda McCann David Butterfield Rory Cunningham Page Billy Boyle Robert Webster Address: Market Office Fish Quay North Shields Tyne & Wear NE30 1JA Independent Examiner: Mark Thompson MAAT VODA Spirit of North Tyneside Wing 2nd Floor, Wallsend Customer First Centre 16 The Forum Wallsend NE28 8JR
## **Trustees’ Annual Report**
**For the year ended 31 December 2022**
## **The trustees present their report and accounts for the year ended 31 December 2022 Structure**
North Shields Fishermen's Heritage Project is a Registered Charity no. 1197252, governed by the Board of Trustees.
## **Governance and Management**
The Board of Trustees ensures that the organisation is legally compliant in all areas including finance, health and safety.
## **Financial Review**
The organisation regularly reviews its financial position and systems.
## **Achievements and Performance of Trust**
During the year 2021 to 2023 the group have raised the funds to commission The Herring Girl Statue. The Herring Girl is now finished and ready to be installed later in 2023. We also continue to fund school trips to Grimsby Fishing Heritage Centre. NSFHP fund these trips in full and plan at least two trips in 2023. We are very happy with our progress.
Signed:……………………………………………………, on behalf of Trustees
Print name:
Date:………………………………….
## **INDEPENDENT EXAMINER'S REPORT**
**Report to the North Shields Fishermen's Heritage Project trustee of On accounts for 31 December Charity no 1197252 the year ended 2022 Respective** The trustees of the organisation are responsible for t **responsibilities of** accounts; they consider that an audit is not required **trustees and** under section 144(2) of the Charities Act 2011 and th **examiner** Independent Examination is needed.
## It is my responsibility to
- examine the accounts (under section 145 of the 20
- follow the procedures laid down in the General Dire
- state whether particular matters have come to my
**Basis of** My examination was carried out in accordance with G **independent** Directions given by the Charity Commissioners. An e **examiner’s** includes a review of the accounting records kept by t **statement** comparison of the accounts presented with those rec includes consideration of any unusual items or disclo accounts, and seeking explanations from the trustee such matters. The procedures undertaken do not pro evidence that would be required in an audit, and con not express an audit opinion on the accounts.
- **Independent** In the course of my examination, no matter has come **examiner's** attention: **statement** 1. which gives me reasonable cause to believe that respect, the trustees have not met the requirements
- proper accounting records are kept (in accordance
- of the Act); and
- accounts are prepared which agree with the accou
- and comply with the accounting requirements of th
2. to which, in my opinion, attention should be draw enable a proper understanding of the accounts to be
**Signed: Date: 3, April 2023 Name:** Mark Thompson MAAT **Address:** VODA Spirit of North Tyneside Wing 2nd Floor, Wallsend Customer First Centre 16 The Forum Wallsend
NE28 8JR
he preparation of for this year hat an
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## **North Shields Fishermen's Heritage Project**
## **Statement of Financial Activities for the year ended 31 December 2022**
||**Unrestricted**|**Restricted**|**Total**|**Total**|
|---|---|---|---|---|
||**Funds**|**Funds**|**Funds**|**Funds**|
|**Receipts**|**2022**|**2022**|**2022**|**2021**|
||||**£**|**£**|
|Grants & Donations|23836|10000|33836|1687|
|Fundraising|0||0|0|
|Other Income|313||313|0|
|**Total Receipts**|24149|10000|**34149**|**1687**|
|**Payments**|||||
|Ofce|446||446|203|
|Production|12365||12365|1250|
|Bus Trip|938||938|0|
|Accountancy|200||200|320|
|**Total Payments**|13949|0|**13949**|**1773**|
|Surplus / defcit for the year|10200|10000|20200|-86|
|Funds at 1 September 2021|677|1700|2377|2463|
|**Funds at 31 December 2022**|10877|11700|**22577**|**2377**|
## **North Shields Fishermens Heritage Project**
## **Balance Sheet at 31 December 2022**
|**Balance Sheet at 31 December 2022**||
|---|---|
|**Monetary Assets:**
Cash at Bank
Cash in Hand
**Total Cash Balances**
**Net Assets at 31 December 2022**
**Represented By:**
Restricted Funds
Unrestricted Funds|**2022**
**£**
22514
63|
||**22577**|
|||
||**22577**|
||11700
10877|
||**22577**|
The financial statements were approved by the following members of the Ma Committee :
Signed …………….……………………… Position ………………………………….. Signed …………….……………………… Position ………………………………….. Date ……………………………………….
2021
2314
63
2377
2377
anagement
**North Shields Fishermen's Heritage Project**
## **Notes to the accounts, 2021/22**
## **1. Basis of accounts**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006
North Shields Fishermen's Heritage Project meet the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## **2. Trustees and Staf**
No Trustees were remunerated or received expenses payments.
## **3. Costs of financial services**
The cost of Independent Examination for the financial period will be £220
## **4. Grants & Donations Unrestricted Grants & Donations:**
|Orbis Su Ltd - N Devine|4000|
|---|---|
|Old Low Light|2001|
|Other donations|17835|
||**23836**|
|**Restricted Grants:**||
|Sir James Knott Trust|10000|
||**10000**|
|**Total Grants**|**33836**|
||**Sep-21**|**Income**|**Expend**||**Dec-22**|
|---|---|---|---|---|---|
|Community Foundation|1700|0||0|1700|
|Sir James Knott Trust||10000||0|10000|
|**Total Grants**|1700|10000||0|11700|