## **Trustees’ Annual Report for the period** ## **From 1 June 2021 To 30 May 2022 Charity name: The Maritime Heritage Trust Charity registration number: 268609** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|(1) To provide for the education and
benefit of the nation facilities and finance
for the discovery repair and reconstruction
renewal replacement maintenance
preservation transportation and (in the case
of vessels) berthing of vessels of national
historic or scientific interest and of buildings
and relics of similar interest and connected
in any way with such vessels or the
construction or use thereof or connected
with war at sea or on inland water or
transport by sea or inland water
(2) To assist co-operate with or make
grants or loans to any charitable
organisation with similar objects.| |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 Maritime Heritage Trust has continued
to promote the interests of the historic
vessel sector wherever it can.
- The webinar series has been aimed at
identifying vessel and project issues and
helped identify new thinking for participants
to consider;
- The principal activity by the MHT Friends
organisation was a visit to the Isle of Wight
exploring local maritime museums and
other attractions.
- Working with National Historic Ships we
have continued to lead the Heritage
Harbours project to work with local
communities to help them persuade local
authorities and others to look at the bigger
picture and vessel links with harbours and
their facilities, buildings, artefacts and the
wider cultural heritage in which ships and
boats are part of our identities. One MHT
Trustee led an intensive process of
engagement to encourage take-up of the
concept.| |Statement confirming
whether the trustees have|Para 1.18|It is confirmed that the trustees have had| had regard to the guidance issued by the Charity Commission on public benefit regard to the Charity Commission’s guidance on public benefit. ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|The Trust has supported and contributed to
Crowdfunding to help finance historic
vessel activities for public display and
engagement and filming of these.| |Policy on social investment
including program related
investment|Para 1.38|**---**| |Contribution made by
volunteers|Para 1.38|Trustees and advisers work on a voluntary
basis. The only exception has been
engagement of an external consultant to
help carry out the strategic review of the
Trust’s role.| |Other||**---**| ## **Achievements and Performance** |||| |---|---|---| |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.|SORP reference
Para 1.20|MHT’s main activities have been:
- to build a network for the Heritage
Harbour concept working alongside
National Historic Ships UK and through
liaison with individual ports;
- MHT continues to represent the UK on
European Maritime Heritage (EMH) its work
to promote maritime heritage
internationally;
- To help identify concerns in the historic
vessel community recorded webinars were
held on “Getting on Board- Attracting new
people” and “Creating Community and
Individual Benefits”. Recordings are
available on YouTube;
- A stakeholder and governance Review
was carried out to help update and extend
the role of the charity and prepare for
Board restructure.| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|**---**| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|**---**| |Investment performance
against objectives|Para 1.41|**---**| |Other||**---**| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|Sufficient cash resources are held that
ensure the ongoing financial stability of the
Trust| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|No specific reserves are held| |Amount of reserves held|Para 1.22|0| |Reasons for holding zero
reserves|Para 1.22|Establishing specific reserves at this time is
not considered necessary in view of the
cash resources held| |Details of fund materially in
deficit|Para 1.24|**---**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**---**| |**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|Members’ subscriptions supplemented by
gifts or legacies from time to time| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**---**| |A description of the principal
risks facing the charity|Para 1.46|**---**| |Other||**---**| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document|Para 1.25|Association Model Constitution| |How is the charity
constituted?|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|Election by members at AGM| ## **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|We have reviewed how best to support the
sector and promote maritime heritage in its
widest sense. As a first step we
commissioned an external review including
interviews of a range of people with
interests across the sector. Taking account
of this report, the Board is developing a
new Mission Statement and will be
appointing new trustees.| |Relationship with any
related parties|Para 1.51|**---**| |Other||**---**| ## **Reference and Administrative details** |Charity name|The Maritime Heritage Trust| |---|---| |Other name the charity uses|| |Registered charity number|268609| |Charity’s principal address|HQS Wellington
Victoria Embankment
London WC2R 2PN| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||David Treharne
Morgan MBE TD|Chair (not acting due
to health issues)||| ||John Henry Cleary|Deputy Chair and
ActingChair||| ||Dr Raul Scott
Pereira|Secretary||| ||Brian Andrew
Corbett|||| ||Trevor Godbold|Treasurer||| ||John H Megoran|||| ||Bernard Hales|||| ||Richard Albanese|||| ||Madeleine Phillips|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – 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)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of**
**adviser**
**Name**
**Address**||| |||| |||| |||| |||| |**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** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||John Henry Cleary|Trevor Godbold| ||
Trustee and Deputy Chair|Treasurer| ||22 October 2022|| ||22 October 2022|| |**THE MARITIME HERITAGE TRUST**|**THE MARITIME HERITAGE TRUST**||**268609**||| |---|---|---|---|---|---| |**Receipts andpayments accounts**|||||**CC16a**| |**For the period**
**from**|01June2021|**To**|31 May 2022||| |**Section A Receipts and payments**|**Section A Receipts and payments**|**Section A Receipts and payments**||||||| |---|---|---|---|---|---|---|---|---| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**||**Restricted**
**funds**
**to the nearest £**||**Endowment**
**funds**
**to the nearest £**|**Total funds**
**to the nearest £**||**Last year**
**to the nearest £**| |Subscriptions - Full Members|**1,266**||**-**||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**1,266**||**1,818**| |Subscriptions - Friends|**520**||**-**|||**520**||**487**| |Donations|**1,301**||**-**|||**1,301**||**390**| |Interest|**10**||**-**|||**10**||**3**| ||**-**||**-**|||**-**||**-**| ||**-**||**-**|||**-**||**-**| ||**-**||**-**|||**-**||**-**| ||**-**||**-**|||**-**||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**3,097**||**-**||**-**|**3,097**||**2,698**| |||||||||| |**A2 Asset and investment sales,**
**(see table).**||||||||| ||**-**||||**-**
**-**
**-**|**-**||| ||**-**|||||**-**||**-**| |**_Sub total_**|**-**|||||**-**||**-**| |**_Total receipts_ **
**A3 Payments**||||||||| ||||||**-**|**3,097**||**2,698**| |||||||||| |Subscription - EMH|**1,277**||||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**1,277**||**1,351**| |Subscription - HA|**175**|||||**175**||**165**| |Meetings - room hire and travel||||||**-**||**-**| |General Administration|**471**|||||**471**||**393**| |Bank Charges|**23**|||||**23**||**31**| |Events|**1,715**|||||**1,715**||**-**| |ConsultancyAdvice|**3,750**|||||**3,750**||**-**| ||**-**|||||**-**||**-**| ||**-**|||||**-**||**-**| |**_Sub total_ **|**7,411**|||||**7,411**||**1,940**| |||||||||| |**A4 Asset and investment**
**purchases, (see table)**||||||||| ||**-**||||**-**
**-**
**-**|**-**||| ||**-**|||||**-**||| |**_Sub total_ **|**-**|||||**-**||**-**| |**_Total payments_ **
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||||| ||||||**-**|**7,411**||**1,940**| |||||||||| ||**- 4,314**||||**-**|
**- 4,314**||**758**| ||**-**||||**-**
**-**|**-**||**-**| ||**35,298**|||||**35,298**||**34,540**| ||**30,984**||||**-**|**30,984**||**35,298**| CCXX R1 accounts (SS) 25/05/2022 1 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**NatWest Current**
**NatWest Reserve**
**PayPal**
**Details**
**Details**
**Details**
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**1**
**-**
**30,924**
**-**
**59**
**-**
**30,984**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| ||||| ||||| CCXX R2 accounts (SS) 25/05/2022 2