OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-09-30-accounts

Enter SC No. below

APPENDIX 2

Clyde Naval Heritage HMS Ambuscade/PNS Tariq

SC

Clyde Naval Heritage HMS Ambuscade/PNS Tariq Heritage HMS Ambuscade/PNS Tariq Heritage HMS Ambuscade/PNS Tariq Heritage HMS Ambuscade/PNS Tariq Heritage HMS Ambuscade/PNS Tariq Heritage HMS Ambuscade/PNS Tariq Heritage HMS Ambuscade/PNS Tariq SC
Receipts andpayments accounts
For the period
from		 Period sta rt date Period end date
Day Month Year to Day Mon th Year
01 Oct 2023 30 Sept 2024
Section A Statement of receipts and payments
A1 Receipts Unrestricted
funds
to nearest £		 Restricted
funds
to nearest £		 Expendable
endowment
funds
to nearest £
-
-
-
-
-
-
-
-		 Permanent
endowment
funds
to nearest £		 Total funds
current period
to nearest £		 Total funds last
period
to nearest £
Donations 501
1,000
-
2,855
750
200
-
87		 - - - 501 -
Legacies - - - 1,000 -
Grants - - - - -
Receipts from fundraisingactivities - - - 2,855 -
Gross tradingreceipts - - - 750 -
Income from investments other than
land and buildings (Bank
Compensation)		 - - - 200 -
Rents from land & buildings - - - - -
Gross receipts from other charitable
activities(Refunds)		 - - - 87 -
A1 Sub total 5,393 - - - 5,393 -
A2 Receipts from asset &
investment sales		 -
-
Proceeds from sale of fixed assets -
-		 - - - - -
Proceeds from sale of investments - - - - -
A2 Sub total - - - - - -
Total receipts
A3 Payments		 5,393 - - - 5,393 -
-
-
-
-
-
-
-
-
-
Expenses for fundraising activities -
743
-

25
-
-
-
65		 - - - - -
Gross trading payments - - - 743 -
Investment management costs - - - - -
Payments relating directly to charitable
activities(Refunds)		 - - - 25 -
Grants and donations - - - - -
Governance costs: - -
Audit / independent examination - - - - -
Preparation of annual accounts - - - - -
Legal costs - - - - -
Other/BOS Service Charge - - - 65 -
**A3 Sub total ** 833 - - - 833 -
A4 Payments relating to asset and
investment movements		 -
-
Purchases of fixed assets -
-		 - - - - -
Purchase of investments - - - - -
**A4 Sub total ** - - - - - -
Total payments
Net receipts / (payments)
A5 Transfers to / (from) funds
Surplus / (deficit) for year
833 - - - 833 -
4,560 - - - 4,560 -
- - - - - -
4,560 - - - 4,560 -

APPENDIX 2

Clyde Naval Heritage HMS Ambuscade/PNS Tariq

SC

Section B Statement of balances

Categories
Signed by one or two trustees
on behalf of all the trustees
B1 Cash funds
B2 Investments
B3 Other assets
B5 Contingent liabilities
B4 Liabilities		 Details Unrestricted
funds
to nearest £
-
4,560		 Restricted funds
to nearest £
-
-		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £
-
-		 Permanent
endowment
funds
to nearest £
-
-		 Permanent
endowment
funds
to nearest £
-
-		 Total current
period
to nearest £		 Total last period
to nearest £
Cash and bank balances at start of year - - -
Surplus / (deficit) shown on receipts and
payments account		 - - 4,560
-
-
Cash and bank balances at end of year
(Agree balances with receipts and payments
account(s))
Details		 4,560 - - - 4,560 -
- 0 -
-
Fund to which
-
asset belongs		 - 0
Market valuation
to nearest £		 -
Last year
to nearest £
None
Details Fund to which asset belongs Total
Cost (if available)
to nearest £		 -
-
Current value (if
available)
to nearest £		 Last year
to nearest £
None
Details Total

Fund to which liability relates		 -
-
-
Amount due
to nearest £		 Last year
to nearest £
None
Details Total
Fund to which liability relates		 - -
Amount due
(estimate)
to nearest £		 Last year
to nearest £
None
Signature* Total
Print Name		 -
-
Date of
approval
15.06.25

/ Statement of balances

2

December 2007

APPENDIX 2

Clyde Naval Heritage HMS Ambuscade/PNS Tariq

SC

Section C Notes to the Accounts

C1 Nature and purpose of funds (may be stated on analysis of funds worksheets)

C2 Grants

C3a Trustee remuneration

C3b Trustee remuneration - details

C4a Trustee expenses

C4b Trustee expenses - details

C5 Transactions with trustees and connected persons

Type of activity or project supported Individual /
institution		 Number of grants
made
£		 Number of grants
made
£
Total -
If no remuneration was paid during the period to any charity trustee or person connected to
a trustee cross this box (otherwise complete section 3b)
Authority under which paid £
If no expenses were paid to any charity trustee during the period then cross this box
(otherwise complete section 4b)
03.05.24 Yearly website cost
reimbursement/Roller Banners
Nature of transaction		 Number of
trustees
£		 Number of
trustees
£
Nature of relationship
Trustee-		 Transaction
amount (£)
Balance
outstanding at
period end (£)
Trustee- 03.05.24 Yearly website cost
reimbursement/Roller Banners		 246
0

C6 Other information

/ Notes

3

December 2007

APPENtILX2 l Notes De￿rnber 2(M)7

APPENDIX 2

SC

Clyde Naval Heritage HMS Ambuscade/PNS Tariq

Additional analysis (1)

Analysis of receipts and payments

1 Donations

1 Donations 1 Donations
Unrestricted
funds
to nearest £		 Restricted funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Total current
period
to nearest £		 Total last
period
to nearest £
Fundraisingdonations 501 501
-
-
-
Total
2 Grants		 501 - - - 501 -
reference
Unrestricted
funds
to nearest £		 -
Restricted funds
to nearest £		 - - reference
Total current
period
to nearest £		 -
Total last
period
to nearest £
None - - -
-
-
-
Total - - - -
- - - -

3 Gross receipts from other charitable activities

Unrestricted
funds
to nearest £		 Unrestricted
funds
to nearest £		 Restricted funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Total current
period
to nearest £		 Total current
period
to nearest £		 Total last
period
to nearest £
Rumbuscade Fundraising/DancingAnchor 2,630 2,630
Narrow Gauge Railways 225 225
-
-
-
-
-
-
Total 2,855 - - - 2,855 -
reference error - - - reference error -

4 Payments relating directly to charitable activities

Unrestricted
funds
to nearest £		 Unrestricted
funds
to nearest £		 Restricted funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Total current
period
to nearest £		 Total current
period
to nearest £		 Total last
period
to nearest £
Engravings 750 750









-
-
-
-
-
-
-
-
-
-
Total 750 - - - 750 -
reference error - - - reference error -

Additional notes (1)

December 2007

APPENDIX 2

SC

Additional analysis (2)

5 Breakdown of unrestricted funds

5 Breakdown of unrestricted funds
Receipts Unrestricted
fund 1 - enter
name of fund
below		 Unrestricted
fund 2 - enter
name of fund
below		 Unrestricted
fund 3 - enter
name of fund
below		 Unrestricted
fund 4 - enter
name of fund
below		 Total
unrestricted
funds		 Total
unrestricted
funds last
period
Donations 501 501
Legacies 1,000 1,000
Compensation 200 200
Receipts from fundraisingactivities 2,855 2,855
Gross tradingreceipts 750 750
Income from investments other than land and buildings - -
Rents from land & buildings - -
Gross receipts from other charitable activities 87 87
Sub total
Receipts from asset & investment sales		 5,393 - - - 5,393 -
cross ref error
Proceeds from sale of fixed assets -
Proceeds from sale of investments -
Sub total
Total receipts
Payments		 - - - - - -
5,393 - - - 5,393 -
cross ref error
Expenses for fundraisingactivities - -
Gross trading payments 743 743
Investment management costs - -
Payments relatingdirectlyto charitable activities 25 25
Grants and donations - -
Governance costs: - -
Audit / independent examination -
Preparation of annual accounts -
Legal costs -
Bank Charges 65 65
-
Sub total
Payments relating to asset and investment
movements		 833 - - - 833 -
cross ref error
Purchases of fixed assets -
Purchase of investments -
Sub total
Total payments
Net receipts / (payments)
Transfers to / (from) funds
Surplus / (deficit) for year		 - - - - - -
-
833 - - - 833 -
cross ref error
4,560 - - - 4,560 -
-
4,560 - - - 4,560 -
cross ref error

Nature and purpose of funds

Additional notes (2)

December 2007

Clyde Naval Heritage (HMS AmbuscadelPNS Tariq) SCIO Annual Report and Financial Statement for end of year 30 September 2024 Clyde Naval Heritage(HMS AmbuscadelPNS Tariq) (SCIO) Company Limited By Guarantee Trustees, Annual Report Period 0710912023 to 301912024 Charity Registration No. SC052802 &&scADE I f

Clyde Naval Heritage (HMS Ambuscade/PNS Tariq) SCIO Annual Report and Financial Statement for end of year 30 September 2024

Reference and administrative information

Charity name: Clyde Naval Heritage (HMS Ambuscade/PNS Tariq SCIO)

Charity Registered number: SC052802

Company Registered number: CS006494

Principle and registered address:

2/1 190 Shawbridge St, Pollokshaws, Glasgow G43 1PG

Website https://clydenaval.org/

The Trustees

Independent examiner

The Trustees of Clyde Naval Heritage (HMS Ambuscade/PNS Tariq) SCIO present their inaugural annual report and financial statement for the year ending 30 September 2024.

Objectives and activities

2 of 16

Clyde Naval Heritage (HMS Ambuscade/PNS Tariq) SCIO Annual Report and Financial Statement for end of year 30 September 2024

The River Clyde’s shipbuilding heritage is one of the most significant and influential in the world. For centuries, the Clyde has been a hub of innovation and development in both merchant and naval shipbuilding, producing some of the most significant vessels in history. From the iconic steamships of the 19th century to the world-class warships of the 20th century, the Clyde has played an essential role in shaping maritime history. As such, it is crucial that this rich legacy is preserved, celebrated, and studied to provide an insight into the past and inspire future generations of innovators and designers.

Our charity purposes are to preserve this heritage and are twofold: to advance the appreciation and preservation of shipbuilding heritage through the establishment of an interactive museum and visitor village on the River Clyde, and to promote community development by supporting the regeneration of neglected areas. This will be achieved, in part, by providing accessible start-up spaces within the visitor village for individuals in the wider community who aspire to establish their own businesses but lack the necessary resources to do so.

From 2023 to 30 September 2024, we have:

Engagement with Historic Sites : Collaborated with the National Museum of the Royal Navy (NMRN), National Historic Ships, Vulcan To The Sky , HMS Belfast and other museum sites across the UK, including visits to Portsmouth Dockyard, The Historic Dockyard Chatham, Brunel’s SS Great Britain and The Riverside Museum to shape the museum offering. Their expertise has been invaluable and offered freely.

Government Representation : Advocated for heritage promotion with ministers in the UK, Scottish, Pakistan and Falkland Island Parliaments.

Representations to Public bodies : Ministry of Defence, Scottish Enterprise, Glasgow, Inverclyde and Ayrshire Councils, Planning departments, Community Enterprise Group, Glasgow Life to mention just a few.

Commercial Bodies: Engaged with a variety of commercial companies to promote our vision and support our purposes these include but are not limited to the shipping sector (lift ships), insurance brokers, construction groups, sustainable technologies and media and marketing groups.

Collaborations : Engaged with associations such as the Type 21 Association and Falklands Task Force veterans and reached out to shipbuilders on the Clyde.

Community Engagement : Actively engaged with local and international communities through media platforms, events, meetings and partnerships.

Event Participation : Participated in events such as the Clydebuilt Festival, Govan Fair Day, RAF Hack Green Secret Bunker event in Crewe, Farnborough Conference and Scotland’s Marine Tourism Conferences to promote the project.

3 of 16

Clyde Naval Heritage (HMS Ambuscade/PNS Tariq) SCIO Annual Report and Financial Statement for end of year 30 September 2024

University Engagement : Collaborated Glasgow University and Bolton 1 Clydebuilt event 2024 e University and York University to promote the charity's goals and improve community engagement.

with 2 Opening of new Govan footbridge 2024

We have also been in consultation with Napier and Abertay Universities regarding student input into technologies for the ship.

Structure, governance and management

Constitution

The charity is a Scottish Charitable Incorporated Organisation (SCIO) regulated by its constitution and governed by a Board of Trustees. It is a single tier structure and as such the trustees are the members of the charity. The charity was registered with the Scottish Charity Regulator on 07 September 2023 under reference SC052802.

All decisions affecting the charity are undertaken by the Trustee Board. The Board must have a minimum of three and a maximum of ten trustees. During the period covered by the report nine trustees sat on the Board. The charity has no paid employees but has several volunteers undertaking various roles such as IT, marketing, research, admin.

Trustee recruitment and appointment

Prospective trustees are required to submit a Curriculum Vitae (CV) and covering email/letter explaining what skills they must bring to the organisation. Candidates will be interviewed prior to being put forward to the Board. They will be required to stand for election at the next Annual General Meeting (AGM) together with other trustees.

4 of 16

Clyde Naval Heritage (HMS Ambuscade/PNS Tariq) SCIO Annual Report and Financial Statement for end of year 30 September 2024

New trustees are briefed by the chairperson on the functions of the Board, its activities and future plans. Each new trustee is provided with materials relating to the organisation, including a copy of the Constitution and online links to help familiarise themselves with their responsibilities as trustees. As many of the trustees are remote, formal introductions are concluded at the next trustee meeting.

Each trustee gives their time freely as do any volunteers who assist the charity.

Achievements and performance

In this inaugural year for the charity there have been remarkable milestones and achievements as we pursue our mission to preserve and promote the rich maritime heritage of our nation.

• Historic Milestone: In September 2023, an agreement was formalised between the Pakistan Government and Falls of Clyde International to donate the Type 21 frigate, PNS Tariq , to Falls of Clyde International with completion in November 2023. The Pakistan Government further agreed to the legal transfer of title of the ship to the charity, Clyde Naval Heritage (HMS Ambuscade/PNS Tariq) SCIO.

PNS Tariq , formerly HMS Ambuscade is a Type 21 frigate, built on the Clyde at Yarrows shipyard for the Royal Navy and was launched on 1 September 1973. She is currently based in Karachi, Pakistan.

Significant upgrades to our website and servers have expanded our reach and improved functionality. The site now offers a clear vision of our goals, a roadmap for achieving them, and rich historical insights into Clyde Shipbuilding.

We’ve received encouraging feedback from the public nationwide, with many recognising the charity’s potential to make a meaningful impact in preserving maritime heritage, supporting skilled jobs, and safeguarding traditional skills for future generations.

5 of 16

Clyde Naval Heritage (HMS Ambuscade/PNS Tariq) SCIO Annual Report and Financial Statement for end of year 30 September 2024

6 of 16

Clyde Naval Heritage (HMS Ambuscade/PNS Tariq) SCIO Annual Report and Financial Statement for end of year 30 September 2024

:

A recognised military historian and volunteer to the charity published an informative book detailing the history of the HMS Ambuscade ships through the centuries with proceeds donated to the charity.

The charity goals of promoting the heritage of Clyde Built shipping has received notable media attention across platforms such as Facebook, X, (Twitter), and BBC, as well as extensive coverage in Pakistan, promoting the return of the ship and the significance of our objectives.

Volunteers

We are incredibly grateful to our dedicated volunteers, whose enthusiasm and commitment continue to make a significant difference to our charity.

From transporting equipment and models, supporting campaigning and marketing events, and researching the history of ships on the Clyde, to helping organise fundraising activities, contributing to admin and IT efforts, and much more — your generosity and hard work have not gone unnoticed. A special thank you goes to the Air & Sea Cadets in Crewe and the members of the Type 21 Association for their continued support.

To all, your time and effort, freely given, is deeply appreciated and vital to our success.

Challenges

7 of 16

Clyde Naval Heritage (HMS Ambuscade/PNS Tariq) SCIO Annual Report and Financial Statement for end of year 30 September 2024

Ongoing instability in the Red Sea region significantly impacted our logistical planning for the ship’s relocation from Karachi. Advice from the International Maritime Bureau indicated that travel in the region was inadvisable due to the heightened risk of attacks in the area. The ship is currently in the Pakistan Navy port of Karachi.

• Funding Challenges

The ongoing instability in the Red Sea region has had a material impact on our funding timelines and remains a significant strategic concern. Despite notable progress in our engagements with commercial stakeholders, the evolving situation has presented unforeseen challenges. As regional conditions stabilise, it is essential that we are positioned to act with urgency.

To that end, we are proactively seeking strategic partnerships across a diverse range of industries including defence, maritime, oil and gas, travel, and aviation to safeguard the long-term viability and success of the project. We believe that a broad and resilient support base is critical to ensuring continuity and delivering lasting impact.

Financial review

The financial statements have been prepared in accordance with terms of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations 2006 (as amended) and comply with the Articles of Association.

In the financial year 2023/2024 most of our income was derived from donations via our website, fundraising activities across the UK and legacy funding. Whilst there has been significant support commercially for the project worldwide events in the Gulf region have impacted our commercial funding strategies with companies reluctant to commit in a period of uncertainty.

In 2023/2024 our inaugural year, our total income was £5393 made up of Donations - £501, Legacy funding - £1000, fundraising activities - £2855, Memory Wall Engravings - £750.

8 of 16

Clyde Naval Heritage (HMS Ambuscade/PNS Tariq) SCIO Annual Report and Financial Statement for end of year 30 September 2024

----- Start of picture text -----
Income
Donations & Legacies Fundraising activities Bank compensation
Software refund Engraving Trading
----- End of picture text -----

The trustees are indebted to all donors for their support both financially and in kind, without this it would not have been possible to achieve what we have.

Expenditure

The charity expenditure for 2023/2024 was £833. Made up of upgrades to our IT functionality, Public Liability Insurance, bank charges, marketing and promotional materials and attendance at events and meetings to promote our purposes.

There are no payroll or pensions costs during the financial year as the charity had no employees.

Some of the costs associated with the creation and maintenance of the website, attendance at meetings/events, the sponsorship document, promotional materials, graphics were met by three of our trustees thus helping to reduce charity costs.

----- Start of picture text -----
Expenditure
Trading refund k Charges expenditure on charitable activities
----- End of picture text -----

9 of 16

Clyde Naval Heritage (HMS Ambuscade/PNS Tariq) SCIO Annual Report and Financial Statement for end of year 30 September 2024

The overall result at the end of the financial year shows a credit balance of £4560.00

There are no tangible fixed assets and there is no cash in hand, all monies held in the bank account.

10 of 16

Clyde Naval Heritage (HMS Ambuscade/PNS Tariq) SCIO Annual Report and Financial Statement for end of year 30 September 2024

Independent Examiners Report

The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.

My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the view given by the accounts.

In the course of my examination, no matter has come to my attention

  1. which gives me reasonable cause to believe that in any material respect the requirements:

  2. to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and

  3. to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations

have not been met, or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. During my examination, no matter has come to my attention

Independent examiner-

dated 16.06.2025

11 of 16

Clyde Naval Heritage (HMS Ambuscade/PNS Tariq) SCIO Annual Report and Financial Statement for end of year 30 September 2024

Statement of Financial activities including income and expenditure account for year ending 30 September 2024

2024 2024 Unrestricted Funds Total £ £ Income Donations and legacies 1501 1501 Receipts from Fundraising 2855 2855 Bank Compensation 200 200 Engraving Trading 750 750 Software Refunds 87 87 Total Income 5393 5393 Expenditure Expenditure on charitable activities 743 743 Trading refunds 25 25 Bank Charges 65 65 Total Expenditure 833 833 Total Funds carried forward(surplus) 4560 4560

Statement of the charity’s policy on reserves

The purpose of a reserve fund for Clyde Naval Heritage (HMS Ambuscade/PNS Tariq) SCIO is to protect the charity from unforeseen circumstances or financial fluctuations and to enable us to take advantage of emerging opportunities. The fund is a key component of our long-term strategy to ensure the sustainability of the organisation and to support the delivery of our charitable objectives.

The trustees set an optimal reserve level of £1,100 for the period 7 September 2023 to 30 September 2024, representing approximately three months of

12 of 16

Clyde Naval Heritage (HMS Ambuscade/PNS Tariq) SCIO Annual Report and Financial Statement for end of year 30 September 2024

unrestricted expenditure. As of 30 September 2024, the level of free reserves (general unrestricted funds) stands at £4,560, exceeding the target but under the confirmed expenditure level of £805. These reserves have been built up through public donations. The charity currently holds no restricted funds.

The charity’s reserve policy will continue to evolve in line with its growth. As budgets expand, it is anticipated that the optimal reserve level will be revised accordingly, and that a proportion of income may be received as restricted funds, to be spent in accordance with donor conditions.

This policy will be reviewed quarterly by the Board of Trustees, or more frequently if circumstances require.

Unrestricted funds (including designated funds) are income or income funds which can be spent at the discretion of the Trustees in furtherance of any of the charity’s objects. If part of an unrestricted fund is earmarked for a particular project it may be designated as a separate fund, but the designation has an administrative purpose only and does not restrict the Trustees’ discretion to spend the funds. Restricted funds are funds subject to specific trusts which may be declared by the donor(s) or with their authority or created through legal process, but still within the wider objects of the charity. Restricted funds may be restricted income funds, which are spent at the discretion of the Trustees in furtherance of some particular aspects of the objects of the charity. Restricted funds may alternatively be endowment funds, where the assets are required to be invested, or retained for actual use, rather than spent. Designated funds are part of the unrestricted funds which Trustees have earmarked for a particular project or use, without restricting or committing the funds legally. The designation may be cancelled by the Trustees if they later decide that the charity should not proceed or continue with the use or project for which the funds were designated

These financial statements were approved by the board of trustees and authorised for issue on 25/06/2025 And are signed on behalf of the board by :

Signature here :

Trustee

Donated facilities and services

13 of 16

Clyde Naval Heritage (HMS Ambuscade/PNS Tariq) SCIO Annual Report and Financial Statement for end of year 30 September 2024

We would like to extend our heartfelt thanks to a number of organisations and individuals who have donated their services, time and their generous support.

Looking Ahead

The immediate future holds exciting opportunities as we:

Clyde Naval Heritage (HMS Ambuscade/PNS Tariq) SCIO Annual Report and Financial Statement for end of year 30 September 2024

Scotland and continue to engage with various authorities and professional bodies re the mooring of our ship(s) and the site of our museum.

This year, we kickstart the revitalisation of the river with the return of HMS Ambuscade/PNS Tariq, transforming it into a dynamic exhibition that captures its storied history with both the Royal and Pakistan Navies, alongside artifacts and exhibits that reflect its time in service.

Our ambitious vision extends beyond this single ship: we aim to create an immersive river-wide experience. This will span various dockyards, showcasing Clyde-built vessels and their legacies, all interconnected by a seamless river bus service. We are already collaborating with donors and benefactors to bring more vessels back to life, each shining a spotlight on different Clyde shipyards. This revitalisation will narrate the extraordinary technological and socio-economic story of the Clyde's meteoric success—and its eventual decline.

Visitors will be swept into history through cutting-edge VR technology, experiencing the river in its heyday as they glide past dockyards and vessels, enriched by engaging narratives. Like a river subway, they can alight at their chosen sites, explore, and rejoin the journey to uncover new stories further upstream. This isn’t just preservation—it’s reinvention, ensuring the Clyde’s legacy sails into the future with pride and purpose.

Declaration

Signed on behalf of the charity trustees:

15 of 16

Clyde Naval Heritage (HMS Ambuscade/PNS Tariq) SCIO Annual Report and Financial Statement for end of year 30 September 2024

Print name-

Designation - Secretary Date 26/06/2025

16 of 16

APPENDIX 3

’ Independent examiner s report on the accounts V2

Report to the trustees/members of Clyde Naval Heritage (HMS Ambuscade/PNS Tariq)

Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2
Clyde Naval Heritage (HMS Ambuscade/PNS Tariq)
Registered charity
number
On the accounts of the
charity for the period
Set out on pages		 SC052802
Period start date Period end date
Day Month Year Day Month Year
7
 9
 2023
 to
 30 9
 2024
11 and 12
Respective
responsibilities of
trustees and examiner
Basis of independent
examiner’s statement
Independent examiner’s
statement
Signed:
Name:
Relevant professional
qualification(s) or body
(if any):
Address:**		 The charity’s trustees are responsible for the preparation of the accounts in accordance
with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the
Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees
consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations
does not apply. It is my responsibility to examine the accounts as required under section
44(1) (c) of the Act and to state whether particular matters have come to my attention.		 The charity’s trustees are responsible for the preparation of the accounts in accordance
with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the
Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees
consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations
does not apply. It is my responsibility to examine the accounts as required under section
44(1) (c) of the Act and to state whether particular matters have come to my attention.		 The charity’s trustees are responsible for the preparation of the accounts in accordance
with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the
Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees
consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations
does not apply. It is my responsibility to examine the accounts as required under section
44(1) (c) of the Act and to state whether particular matters have come to my attention.		 The charity’s trustees are responsible for the preparation of the accounts in accordance
with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the
Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees
consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations
does not apply. It is my responsibility to examine the accounts as required under section
44(1) (c) of the Act and to state whether particular matters have come to my attention.
My examination is carried out in accordance with Regulation 11 of the 2006 Accounts
Regulations. An examination includes a review of the accounting records kept by the
charity and a comparison of the accounts presented with those records. It also includes
consideration of any unusual items or disclosures in the accounts and seeks
explanations from the trustees concerning any such matters. The procedures undertaken
do not provide all the evidence that would be required in an audit and, consequently, I do
not express an audit opinion on the view given by the accounts.
In the course of my examination, no matter has come to my attention
1.
which gives me reasonable cause to believe that in any material respect the
requirements:
•
to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and
Regulation 4 of the 2006 Accounts Regulations, and
•
to prepare accounts which accord with the accounting records and comply with
Regulation 9 of the 2006 Accounts Regulations
have not been met, or
2. to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Date: 16/06/25

*Please delete the words in the brackets if they do not apply. If the words do apply, set out those matters which have come to your attention on the following page.

** OSCR will accept digital or typed signatures

APPENDIX 3 Disclosure section Only complete rf the examiner needs to highlight material problems. Give here brief details of any items that the examiner wishes to disc105e