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2023-03-31-accounts

WOMACK STArrHE ACCOUNfs TO 31sr MARCH 2023

WOMACK STAITHE

REgISTEREd CHARITy NO 212112

RECEIpTS ANd pAyMENTS : yEAR TO 31[ST] MARCH 2023

Receipts 2022/2023 2021/2022
Parish Moorings 14211 11184
Public Moorings 13187 7785
Womack Box 796 1500
Bank Interest 16 0
COIF Interest 177 10
_____ _____
Total 28387 20479

Payments

Fee Commissions
2653 1297
Mooring Fee Refunds 171 1934
Staithe Repairs
13451 0
Maintenance
1718 1615
Ludham Parish Council 6559 6001
Insurance
816 813
Administraton
2732 1800
_____ _____
Total
28100 13460
Excess/Defcit(-)
287 7019

WOMACK STAITHE

REgISTEREd CHARITy NO 212112

STATEMENT OF ASSETS : AS AT 31[ST] MARCH 2023

31[st] March 2023 31[st] March 2022 Barclays Bank 13611 8501 COIF Deposit Account 18684 23507 _ ___ Total 32295 32008

Annual Report of the Trustees

Year to 31[st] March 2023

Womack Staithe is a registered charity whose object is the general benefit of the inhabitants of the Parish of Ludham. The Parish Council nominates three of the five trustees (Mr M J L Flett, Mr A J Lupson & Mr A Lumbard). Two trustees are co-opted (Mr G Davey and Mr S Partridge). Ludham Parish Council is the Custodian Trustee of the charity and owner of the land.

The Trust manages the Staithe on behalf of the village, deriving its income almost entirely from mooring fees (a tiny proportion being interest), both annual fees from parishioners and daily fees from visitors. The parish moorings available for parish residents are let on an annual basis reviewed annually with fees dependent on the size of boats. The parish moorings fees were increased by an average of 5% from April 2022 and there is currently a waiting list for moorings.

The Trustees increased the daily public mooring fees to £5.00 per overnight stay from April 2022, with an increase in the percentage taken for the collectors too. The work of the collectors continues to be much appreciated.

The Trust has continued to provide funds for the grass and hedge cutting programmes in the village, and the New Year’s fireworks (& associated costs), and the repairs and maintenance to the Staithe quay heading and environment during the 2022/2023 year amounted to more than £15,000.

Draft accounts for the year are with the clerk to the council.