Ffrindii2U I Pier Gai'(Ii l Bangor Friends OJ Bangor Carth Pier Friends of Bangor Garth Pier Charity registratlon number: 1198201 Trustees, Annual Report This annual report covers the period from 114123 to 3113124
Friends of Bangor Garth Pier Trustees Annual Report For the poriod from 1 April 2023 to 31 March 2024 Chair's Intr¢>duction As Chair of Friends of Bangor Garth Pier, l am delighted to introduce our second Trustees Annual Report. As reported below, our charity continues to go from strength to strength. Over the last 12 months. we are delighted to have welcomed well over 100,000 visitors to our beautiful pier, from all four rnerS of the world, and of course from our local community. where our pier remains a comerstone of our beloved city. Our efforts this year have enabled us to raise the funds to rebuild lookout kiosk. which will be named the 'Friends of Bangor Garth Pier Lookout Kiosk, and will bring great enjoyment to the pier community and is an achievement of which we are very proud. Avrll Wayte. Chalr Frlends of Bangor Garth Pler Objectives and Adlvltles 1. Purposes of the charity as set out in its goveming document Our purposes are to support the protection. preservation, restoration and improvement of Bangor Garth Pier. for the public benefit. To advance the education of the public in understanding the history, herltage of this Vlctorian structure and its IcKation on the Menai Strait. 2. Main activities in relatlon to those purposes for the public benefit. in particular, the activities, projects or services identified in the accounts. Our charlty was established in March 2022 arml this report represents our second Annual Report. The activities, projects and services identified in our accounts are as follows: Running a gift shop in one of the pierfs kiosks, stsffed entirely by our volunteers with the aim of producing profits to be used to contribute towards the physical restoration of the pier. Providing the welcoming presence at the plerfs entrance kiosk. run in entirely by volunteers. Organising and holding events e.g. Pier 12P Birthday Festival, Lighting up of the pier for Christmas & Christmas Conrt, Christmas Santa's Grotto. IV. Other Fundraising activities including Sponsor a light for Christmas and applying for grants and sponsorship from local businesses or organisations to support specffic events or activities. Donations Any profits thal we make hdp to fund specffic projects on Ihe pier to protect, preserve, restore or improve its facilities or to advance the education of the public in understanding the history. heritsge and locatron of Bangor Garth Pier.
- Public beneflt The actions carried out by our charity are dectded upon and agreed in order to ensure that they fulfil our purposes, induding the provision of identifiable benefits to the general public who visit the pier. This indudes a welcoming presence at the entrance kiosk to the pier and the opportunity to visit our gift shop. both of which are manned by our body of volunteers. By enabling members of the local community to become volunteers of the charity, and undertake duties on the pier, we are fuffilling a very important benefit to individuals to both contribute to their local community and to join a community of volunteers giving them a sense of purpose and contributing to their well-being.
- Contribution made by volunteers Volunteers make a very significant contribution to our ability to undertake all our activities. Our volunteer coordinator coordinates the activities of two groups of volunteers (60 in total) who are responsible for operating both the gift shop and the entrance kiosk. The presence of our volunteers at the entran kiosk, on a daily basis, has resulted in a very significant increase in income from entrance fees. which contribute towards the annual costs of routine pier maintenance and upkeep. The volunteers also play an irnportanl role in enabling us to run our programme of events on the pier. Having the ability to participate in pier life as a volunteer is a significant part of the public benefit to the local community enabled by our charity. Achlevements and Perfornianc•
- Main achievements of the charity. idents'fying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. The main achievements of the charity for the year are". The increase in visitor numbers and revenue. Visitor numbers from 114123 to 3113124 have increased to 117 000 and revenue from the entrance fee is passed directly to Bangor Cty Council who own the pier. A very successful event programme which has helped to increase our visltor numbers and to raise the profile of the pier (see section 2 for more details).
- Achievements against objectives set One of our main objectives is to continue lo make the pier as an attractive destination for both the local community and tourists and to increase the overall number of visitors to the pier, with a year-round calendar of events. including:
127th Pier Anniversary Festival lebratiOnS (May) Concrete Barges of the Menai Straits talk by Richard Lewis {May) Summer Concert- Elvis on the Pier (August) Hallowe'en event (October) Lighting up the pier for the Christmas period. Christmas concert and flWorkS (November) Sponsor a Light for Christmas (NovemberlDecember) Christmas Santa's grotto (December) Allowing other Socal groups to use the pier for events also helped to raise awareness of the pier, benefit the local community and attract more visitors. These have included: Bangor Half Marathon Awyr Las (NHS Charity) sponsored swim form the pier Sponsored walks on the pier {various local charities) Students from oan Sciences Dept at Bangor University annual crabbing event for Freshers Week Hosting BCC guests on the pier as part of thelr Twinning Event with Soest Attending local events for profile raising for FBGP and the pier have included: Bangor University Freshers fair Mynydd Christmas Fair The Friends of Bangor Garth Pier gift shop plays a significant part in the improvement of Bangor Garth Pier as it has maintained a reputation for the sale of quality goods, created by local artists, and a place where they can display and sell their wares. A new website was commissioned with a fresh and modem design to improve the information that is available to visitors to the pier: to encourage more people to volunteer with FBGP. to encourage more participation in events on the pier and to communicate the work of FBGP. In conjunctlon with the new website. we have subscribed to a new email system (Mailchimp) to assist with cornmunication with our membership and those who have signed up to receive the quarterly newsletter. Monthly meetings with Bangor City Council have been reostablished lo strengthen the good working lationShip between them as owners of the pier and FBGP. Flnanclal Revl•w 1. Review of the financial wsition of FBGP on 3113124 The financial position is repsented in the audited Balance Sheet on the following page. There are currently no uncertainties about the FBGP continuing as a going cOnrn.
- Reserves Policy FBGP will hold a resenrfe of £5000 as agreed by the Trustees to cover commission paid to suppliers or other expenses for the FBGP Kiosk Shop.
- Principal sources of fundraising for FBGP Proceeds from our Kiosk Gift Shop Public donations Fundraising events Sponsorship or grants from local businesses or organisations. Balanc• Sha•t Friends of Bangof Garth Pier A• 81 31 2024 *IA•• CurY•ntA•••i• ,)41 10.887 45.174 IfAI Curr•ni U•bl 110 CuryqntA•MI• £64111
Structure, Governanco and Management 1. Governing document and consb'tution Friends of Bangor Garth Pief s goveming document is a Constitution and is registered with the Charity Commission as a Charitable Incorporated Organisation CIO (Foundation). 2. Organisational structure and selection of new Trustees We have no constitutional provisions. The Trustees are selected from the local community and are elected for a temi of 3 years. renewable for a maximum of 3 terms. Vacancies for new trustees are identified by the Board taking into consideration the balance of skills required. Candidates are invited to attend a Board meeting to discuss the role. As set down in our constitution. we have a mawmum number of 12 trustees, some of whom also hold specific roles within the charity. The Board is led by the Chair with other officers including a Treasurer, Secretary and Vice-chair. Officers are appointed by the Trustees. All trustees undertake their roles for Friends of Bangor Garth Pier in voluntary capacity. 3. Relationshlp with related parties We have a Mernorandum of Understanding with Bangor City Council. who are the owners of Bangor Garth Pier. Reference and Admlnl$tratlv• detalls Charlty name: Friends of Bangor Garth Pier Other namo the charlty uses: Ffrindiau Pier Garth Bangor (Welsh language name) Reglstered charlty nUmr. 1198201 Charlty's prfnclpal address: 40 Ffriddoedd Road Bangor Gwynedd LL57 2TW Names of the charlty trustses who manage the charlty Trustee name Offlce (If any) Dates acted if not for the whole ear Avril Margaret Owen Wa Donald Malcolm Wa Vanessa Hawkins Chair Press Engagement Offir Treasurer Sian Martand el Marland
Fiona Jones Enid Pa Les Da Martin Brown Carol n Owen nne Roberts Luc Rothwell Chris Conwa Sho merchandisin Fundraisin Until Ma 2023 Until November 2023 Until June 2023 Minutes secreta Secreta Vice Chair Fundraisin From June 2023 Please note TheTr are no corporate trustees or trustees holding title to property belonging to the charity. The charity does not have any employees. Declaratlons The trustees daclarn that they have approved the trustee8' report above. Slgned on behalf of tho ¢harlty's trustees Slgnature.. Full name: Avril Margaret Owen Wayte P081tlon: Chalr Date: 2+.
Profit & Loss Friends of Bangor Garth Pier Accounting Year 2023r24 Dèbit Cr•dlt Tumov•r 76,180 Salès 43,076 Donation8 Icharitablel BCC funds 19,941 Fundraising 430 Xma8 on the pier 3,552 Evonl 202312024 2,835 I* Cost ol Sal•B 43.761 Cogt of Sal•8 70 Commi88ion Paid 10,786 stock purchasè 11,7C6 Event 23124 1,258 Galtr taking8 to Bangor CC 19,941 1•88 Tax-Dl••llowabl• C¢st ¢f Sal 4,533 Christmas on the Pier 4.533 Gro83 Profit 26,888 1988 AdmInIstr4tr Exp•ns 4,732 Gift8 10 Shop Cost8 830 Wèb Hosting Cornpuler Sofvare 21 Office Equipment Stetionery 427 Misc£llanoous Advertising and Promots'on Legal and Profes8ional Fees 35 Aceountancy Fee8 50CI Consultancy Fees 1.754 1r2
Postage 20 Insurance 0rating Profit £22.164 less Drawngs £0 lo¥• Prollt & Loss leumal •ntries R•taln•d Pr¢)fitthls pèrlod: £22,164 R•taln•d Profit brought forward: £34.007 Dlstrlbutsble R•s•rves l R•tsln•d Profft urrt•d foFvMrd: £68,181
Balance Sheet Friends of Bangor Garth Pier As at 31 March 2024 Capltal Ass•ts Net Book Value Current Assets 58.341 Stock Adju8trnent 10,687 BankAcc£Junl.' Bu8ine88 Checfino A¢counl 45,474 Bank A¢¢Unt.. Ca$h A¢¢ounl I Curr•nt Ll•bllltl•s Olh¥r Creditor8 180 N•t Curr•nt Ass•ts £66.161 Total AsHts £68,181 OwM*s Equlty.. Retained Proffil 56,161 Total Own•r'$ Equlty £68,161
Certificate on behalf of the Management Committee I, on behalf of the Trustees, certify that, to the best of my knowledge and belief, the accounting records produced, together with the information and explanations given to me constitute a true and correct record of all transactions of "Friends of Bangor Garth Pierf, for the year ended 31 March 2024 and I confirm that these accounts have my approval. Signed by the Chairperson Date 5 September 2024 Independent Examiner's Report The accounts incorporating the attached profit and loss account and balance sheet for the year ended 31 March 2024 above have been prepared from the records and information provided and are certified to be in accordance therewith. Signed U-L Independent Examiner S D B BANWELL FFA F.Inst LAM Date: 5 September 2024
Certificate on behalf of the Management Committee I, on behalf of the Trustees, certify that, to the best of my knowledge and belief, the accounting records produced, together with the information and explanations given to me constitute a true and corrert record of all transactions of "Friends of Bangor Garth Pierf, for the year ended 31 March 2024 and I confirm that these accounts have my approval. Signed by the Chairperson Date 5 September 2024 Independent Examiner's Report The accounts incorporating the attached profit and loss account and balance sheet for the year ended 31 March 2024 above have been prepared from the records and inforrnation provided and are certified to be in accordance therewith. tV_L Signed Independent Examiner S D B BANWELL FFA F.Inst LAM Date: 5 September 2024