Isles of Scilly Steamship Company Limited

Total Page:16

File Type:pdf, Size:1020Kb

Isles of Scilly Steamship Company Limited Isles of Scilly Steamship Company Limited Contents Page Directors’ report 1 - 3 Independent auditors’ report 4 - 5 Group profit and loss account 6 Note of group historical cost profits and losses 7 Balance sheet 8 Group cash flow statement 9 Notes 10 - 24 Isles of Scilly Steamship Company Limited Directors’ report For the year ended 31 March 2010 The directors present their annual report and financial statements of the group for the year ended 31 March 2010. Principal activities The principal activities of the company and its subsidiaries are the provision of regular sea and air services for passengers and cargo between the mainland and the Isles of Scilly. During the year under review the companies continued the operation of ancillary activities as follows: marine engineers, ship repairers and operation of a dry dock, operation of the inter-island launch service, operation of Land’s End Aerodrome, operation of scenic flights and aeronautical engineering. On 20 August 2009 the group acquired the trade and assets of Penzance Dry Dock Ltd (in administration). Review of business The results for the year are shown in the profit and loss account on page 6. The group’s turnover increased by 2.4% (2009: decrease of 0.4%) to £9,775,224 (2009: £9,545,658). Cost of sales increased by 1.5% (2009: 2.4%). Operating profit before exceptional items was £608,368 (2009: £537,035). The exceptional item of £309,335 (2009: £Nil) is the group’s share of the 2009 actuarial deficit in the Merchant Navy Officers’ Pension Fund which will be paid in full in September 2010. Interest receivable reduced by £53,208 (2009: £30,011) as interest rates fell in the second half of the previous year. Profit before tax was £389,091 (2009: £656,553) reflecting the impact of the pension deficit. The increase in cash in the year was £812,248 (2009: £257,181). Capital expenditure in the year was £531,266 (2009: £1,005,544) and included the purchase of the Guedel (now the IVOR B) a small freight ship. Shareholders’ funds increased by £349,466 to £6,361,505 (2009: £6,012,039). The group has been involved in a competitive dialogue process with Cornwall Council which may lead to the award of a public contract to operate a vessel for the Isles of Scilly Link project. Cornwall Council announced in May 2010 that they had appointed the Isles of Scilly Shipping Company Limited (a group subsidiary) as the Preferred Bidder for the operation of the Link. The completion of the project is still dependant on a number of factors including Cornwall Council securing final approval from the Department for Transport for funding. 1 Isles of Scilly Steamship Company Limited Directors’ report For the year ended 31 March 2010 Directors The directors who held office during the year were: Committees RW Banfield HR Duncan A JHM East (Vice Chairman) A, R PD Hardaker A, R J Marston (Chief executive) AJ May (Chairman) Mrs JM Walder R TB Ward ‘A’ signifies that the director is a member of the audit committee. ‘R’ signifies that the director is a member of the remuneration committee. The chairman and chief executive are ex officio members of both committees. Dividend The directors recommend the payment of a final dividend of £84,694 (2009: £59,218), 7p (2009: 5p) per share. This is based on shareholdings at 13 May 2010 and will be paid on 1 November 2010. The directors are proposing to offer shareholders a choice of taking shares in place of the dividend and proposals will be put before shareholders at the Annual General Meeting to ask for their approval. Auditors In accordance with section 485 of the Companies Act 2006, a resolution proposing that Robinson Reed Layton be re-appointed auditors of the company will be put to the Annual General Meeting. 2 Isles of Scilly Steamship Company Limited Directors’ report For the year ended 31 March 2010 Directors’ responsibilities The directors are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the group and of the profit and loss of the group for that period. In preparing these financial statements, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgements and estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the group’s transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Statement of disclosure to auditor (a) so far as the directors are aware, there is no relevant audit information of which the company’s auditors are unaware, and (b) they have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company’s auditors are aware of that information. By order of the Board Hugh Town St Mary’s Isles of Scilly Jeffrey Marston Secretary 8 July 2010 3 Isles of Scilly Steamship Company Limited Independent auditors’ report to the shareholders of Isles of Scilly Steamship Company Limited We have audited the group and parent company statements of Isles of Scilly Steamship Company Limited for the year ended 31 March 2010 set out on pages 6 to 24. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). This report is made solely to the company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company’s members as a body, for our audit work, for this report, or for the opinions we have formed. Respective responsibilities of directors and auditors As explained more fully in the Directors’ Responsibilities Statement set out on page 3, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. Our responsibility is to audit the financial statements in accordance with applicable law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Board’s Ethical Standards for Auditors. Scope of the audit of the financial statements An audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or error. This includes an assessment of: whether the accounting policies are appropriate to the group’s and the parent company’s circumstances and have been consistently applied and adequately disclosed; the reasonableness of significant accounting estimates made by the directors; and the overall presentation of the financial statements. Opinion on financial statements In our opinion the financial statements: - give a true and fair view of the state of the group’s and the parent company’s affairs as at 31 March 2010 and of the group’s profit for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006. Opinion on other matter prescribed by the Companies Act 2006 In our opinion the information given in the Directors’ Report for the financial year for which the financial statements are prepared is consistent with the financial statements. 4 Isles of Scilly Steamship Company Limited Independent auditors’ report to the shareholders of Isles of Scilly Steamship Company Limited Matters on which we are required to report by exception We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of directors’ remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit. Graham Boulton (Senior Statutory Auditor) for and on behalf of Robinson Reed Layton, Statutory Auditors Peat House Newham Road TRURO
Recommended publications
  • Walking in the Isles of Scilly
    WALKING IN THE ISLES OF SCILLY 11 WALKS AND 4 BOAT TRIPS EXPLORING THE BEST OF THE ISLANDS by Paddy Dillon JUNIPER HOUSE, MURLEY MOSS, OXENHOLME ROAD, KENDAL, CUMBRIA LA9 7RL www.cicerone.co.uk © Paddy Dillon 2021 CONTENTS Fifth edition 2021 ISBN 978 1 78631 104 7 INTRODUCTION ..................................................5 Location ..........................................................6 Fourth edition 2015 Geology ..........................................................6 Third edition 2009 Ancient history .....................................................7 Second edition 2006 Later history .......................................................9 First edition 2000 Recent history .....................................................10 Getting to the Isles of Scilly ..........................................11 Getting around the Isles of Scilly ......................................13 Printed in China on responsibly sourced paper on behalf of Latitude Press. Boat trips ........................................................15 A catalogue record for this book is available from the British Library. Tourist information and accommodation ................................15 All photographs are by the author unless otherwise stated. Maps of the Isles of Scilly ............................................17 The walks ........................................................18 Guided walks .....................................................19 Island flowers .....................................................20 © Crown copyright
    [Show full text]
  • The Birth of an Airline Nine Years of Blood Sweat Toil Tears and Commercial Knee Jerk by J.E.C.CARTWRIGHT B.A.,F.C.A
    The Birth of an Airline Nine Years of Blood Sweat Toil Tears and Commercial Knee Jerk By J.E.C.CARTWRIGHT B.A.,F.C.A. Founding Director and first C.E.O.of Isles of Scilly Skybus Limited 1983 - 1992 Author’s Note, the following pages are edited extracts from a much larger record of my experiences of working for the Isles of Scilly transport services, originally written nearly twenty years ago J E C C 5 July 2009 PARA. CONTENTS PAGE SECTION A THE SHIPPING COMPANY 1 My General C.V. 1 2 Early contacts with the Company 1973 3 3 Requests from co. to work for them and appointment to the Board 1979-1980 5 4 Executive Director 1981 6 5 The Duchy of Cornwall, The Prince of Wales and new strategies for the Company 1982 8 6 Full time appointment 1986 9 SECTION B THE NEW AIR SIDE BUSINESS 21 Beginning of the air service 1983 10 22 First licence application 1984-1985 13 23 Intermediate years 1985-1986 14 24 Second licence application 1986-1987 16 25 The first season of licensed services and purchase of Westward Airways. 1987 18 26 The third licence application and application by BIH to rescind our licence 1987-88 20 27 Intermediate years 1988-1989 22 28 The fourth licence application 1989 26 29 The new runway at St.Mary's 1989-1991 28 30 Further problems at St. Mary's Airport 1987-1992 30 31 The fifth and sixth licence applications and other route plans, Exeter Newquay and Channel Islands 1990-1992 31 32 New ideas,"Fare Deal", value added, "Skyrail", holiday insurance scheme 1991-1992 33 33 Investigations into new aircraft types 1988-1992 35 34 New runways at Land's End 1991-1992 38 35 General summary of air service 1984-1992 39 36 Dealings with British International Helicopters 1982-1992 40 37 Kicked out (and foot note 2009) 1992 50 38 Acknowledgements 51 Page 1 1 GENERAL C.V.
    [Show full text]
  • TAKE OFF for NEW RUNWAYS 95Th Annual Report and Financial Statements 31 March 2015 ISLES of SCILLY STEAMSHIP COMPANY LIMITED
    ISLES OF SCILLY STEAMSHIP COMPANY LIMITED TAKE OFF FOR NEW RUNWAYS 95th Annual Report and Financial Statements 31 March 2015 ISLES OF SCILLY STEAMSHIP COMPANY LIMITED COMPANY INFORMATION Isles of Scilly Steamship Company Limited Directors Registered office Annual Report and Mr R Goldsmith Hugh Town Consolidated Financial Statements Mr P Hardaker St. Mary’s Year Ended 31 March 2015 Mr M Howarth Isles of Scilly TR21 0LJ Mr S Marquis Company Registration Mr A May Auditors Number 00165746 Mr S Reid Francis Clark LLP Mr D Rogers Lowin House Mrs J Walder Tregolls Road Mr T Ward Tr u ro Cornwall TR1 2NA 2 ANNUAL REPORT 2015 ISLES OF SCILLY STEAMSHIP COMPANY LIMITED CONTENTS FINANCIAL HIGHLIGHTS 4 CHAIRMAN’S STATEMENT 5 – 7 BOARD OF DIRECTORS 8 – 9 STRATEGIC REPORT 10 – 13 DIRECTORS’ REPORT 14 STATEMENT OF DIRECTORS’ RESPONSIBILITIES 15 INDEPENDENT AUDITOR’S REPORT 16 CONSOLIDATED PROFIT AND LOSS ACCOUNT 18 CONSOLIDATED BALANCE SHEET 19 COMPANY BALANCE SHEET 20 CONSOLIDATED CASH FLOW STATEMENT 21 NOTES TO THE FINANCIAL STATEMENTS 22 – 30 ANNUAL REPORT 2015 3 ISLES OF SCILLY STEAMSHIP COMPANY LIMITED TURNOVER OPERATING PROFIT EBITDA YEAR ENDED 31 MARCH YEAR ENDED 31 MARCH YEAR ENDED 31 MARCH £1.36M £2.30M £16.31M £13.76M £0.98M £12.46M £1.38M £1.30M £0.49M 2013 2014 2015 2013 2014 2015 2013 2014 2015 SKYBUS SCILLONIAN COMBINED AIR PASSENGERS SEA PASSENGERS AIR AND SEA PASSENGERS 93,448 112,358 205,806 2015 2015 2015 86,903 104,986 191,903 2014 2014 2014 150,886 67,006 83,880 2013 2013 2013 PROPOSED FULL YEAR DIVIDEND PASSENGER NUMBERS LAND’S END AIRPORT (LEQ) YEAR ENDED 31 MARCH 2015 YEAR ENDED 31 MARCH 2015 CANCELLED FLIGHTS 370 45% SKYBUS 9.5p 10p 260 2014 2015 75 43 5.3% 55% SCILLONIAN JAN JAN FEB FEB CHANGE 2014 2015 2014 2015 All figures for year ended 31 March 2015 4 ANNUAL REPORT 2015 ISLES OF SCILLY STEAMSHIP COMPANY LIMITED CHAIRMAN’S STATEMENT A warm welcome to the Isles of Scilly Steamship Company’s 95th Annual Report and Consolidated Financial Statements which cover the twelve month period ending 31st March 2015.
    [Show full text]
  • OT REVIEW August 2013.Pdf
    AUGUST 2013 Old Tauntonian Office details: Tel: (01823) 703158 Email: [email protected] Website: https://taunton.web-intouch.com OT s, COME BACK! Photo: William Sykes (SYKESIMAGING) he recent annual reunion weekend was very special for me. I was enormously honoured to be installed as OTA President, feeling very T privileged, but very humble, to follow in the footsteps of so many highly distinguished OTs. However, it was meeting so many former WELCOME TO THE pupils, particularly from the 80s, that made it such a memorable weekend. I am just an ‘Honorary’ Old Tauntonian, but 34 years teaching at TJS and TS gives me some insight, I would hope, into the Association. CLASS OF 2013 Additionally, my wife, Selma, is an OT – Weirfield and TS – and our two Tamilore Adedoyin-Dada, Mosope Afolabi, Ahmed Al-Hameli, Gan Angkananukroh, Will Baldwin, children, Jonathan and Chloe, were both educated at the School, so in many ways Taunton School has been my life for a good while now. Connor Banks, Gus Bebbington, Max Bloomfield, Sam Bolland, Evie Bown, Henry Brigden, Kate Brown, Giorgio Busi, Toby Butters, Ivy Byaruhanga, Emily Carr, James Carter, Margherita Whilst tradition is important, the time is right for some changes Casale, Jenny Chan, Gabriel Chan, Kim Choong, Henry Coates, Chloe Coleman, Millie Corp, to our Association and, as part of those changes (outlined in Jack Crichton, Namir Dankaro, Lauren Davey, Alice David, Rob David, Liam Davies, Ali Dawha, David Bridges’ piece on page 10), I have been appointed President for Joe de Pass, Hannah Deasy, Nicholas Dibb, Jodie Dibble, Jordan Dunbar, Declan Dutfield, a two-year term.
    [Show full text]
  • TRANSPORT FORUM Terms of Reference
    TRANSPORT FORUM Terms of Reference The Transport Forum is part of Peninsula Transport, reporting into the Shadow Sub National Transport Body (SSTB) Board. The Transport Forum has a clearly defined remit and purpose. Purpose The purpose of the group is to provide technical guidance and expertise to the Peninsula Transport SSTB Board and Senior Officer Group. The Forum will ensure that a broad range of stakeholder and partner views are taken into account by the SSTB and Senior Officer Group. The key challenge for the Peninsula is to strengthen our strategic links to keep pace with the rest of the UK, reinforcing connectivity and exploiting opportunities to become more productive. The group will therefore need to consider the following key areas: . Resilient road and rail networks to support connectivity including access to our regional airports and ports . Impact of technology and innovation in supporting our urban and rural mobility challenges . Infrastructure investment needed to unlock housing development and create accessible enterprise areas Members of the Forum will have the opportunity to shape and guide the development of the strategic Transport Strategy for Peninsula Transport SSTB. Objectives of the Transport Forum The objectives of the Forum are to: . Bring together a wide range of stakeholders to update on industry / policy developments and gather views on strategic transport issues to feed into the SSTB; . Provide technical guidance and expertise on key issues, including integration of modes, the impact of emerging technology and user experience; . Support the development of the emerging strategic Transport Strategy and provide guidance on how to consult and engage with different audiences and stakeholders; .
    [Show full text]
  • Cornwall and Isles of Scilly Pharmaceutical Needs Assessment 2018-21 Current Document Status
    Cornwall and Isles of Scilly Pharmaceutical Needs Assessment 2018-21 Current Document Status Version Approving body Health and Wellbeing Board 4.0 Date of formal approval (if Date 26 April 2018 01/04/2018 applicable) Review date Responsible officer Rebecca Cohen www.cornwall.gov.uk/pharmacy Location Version History Date Version Author/Editor Comments 19/04/2017 1.0 Draft Rebecca Cohen First draft pre consultation. 03/11/2017 2.0 Draft Linda Howarth Data updates. 30/11/2017 3.0 Draft Rebecca Cohen Second draft pre consultation. 10/01/2018 3.1 Draft Rebecca Cohen Final draft pre consultation. Final incorporating consultation responses and 28/03/2018 4.0 Final Rebecca Cohen changes. Comprehensive Impact Assessment Record Date Type of Stage/level Summary of Completed by Impact assessment completed actions taken Assessment conducted (where decisions made review date applicable) Insert Date Initial / Full Not Yet Complete NFA Insert officer name Insert date Document retention Document retention period E.g. 5 years in hard and electronic copies. Cornwall and Isles of Scilly Pharmaceutical Needs Assessment April 2018 Contents Acknowledgments 1 Executive Summary 2 1. Introduction 9 1.1 Purpose of a Pharmaceutical Needs Assessment (PNA) ............................................................. 9 1.2 Health and Wellbeing Board Duties in respect of the PNA ......................................................... 10 1.3 The Scope of this PNA: Contactors and Services ..................................................................... 12 1.3.9
    [Show full text]
  • CORNWALL 218 Atmospheric of All, During the Roaring Surf Andbitter Windsofcornwall’Sferalatmospheric Ofall,Duringtheroaringsurf Winter
    © Lonely Planet Publications 218 lonelyplanet.com THE NORTH COAST 219 Orientation & Information detail on ways to get to and from the county Cornwall stretches from the River Tamar and p295 for countywide travel. C o r n w a l l and the granite hump of Dartmoor in the Cornwall 24 (www.cornwall24.co.uk) Lively (and usually east all the way to mainland England’s most heated) Cornwall discussion forum. westerly point at Land’s End. The principal Cornwall Beach Guide (www.cornwallbeachguide administrative town, Truro, sits bang in the .co.uk) Online guide to the county’s finest sand. middle of the county; to the north are the Cornwall Online (www.cornwall-online.co.uk) A lofty cliffs and surfing beaches of the north community-based site with guides to accommodation, And gorse turns tawny orange, seen beside coast, while the south coast is a gentler walks, attractions, villages and activities. Pale drifts of primroses cascading wide landscape of fields, river estuaries and quiet To where the slate falls sheer into the tide. beaches. The main A30 road cuts through the middle of the county, running roughly THE NORTH COAST Sir John Betjeman, Cornish Cliffs parallel with the main-line railway between London Paddington and Penzance; a second If it’s the classic Cornish combination of Jutting out into the churning sea and cut off from south Devon by the broad River Tamar, major road (the A38) runs east from Ply- lofty cliffs, sweeping bays and white-horse Cornwall (or Kernow, as its usually known around these shores) has always seen itself as a mouth across the Tamar Bridge and along surf you’re after, then make a beeline for the nation apart from the rest of England – another country, not just another English county.
    [Show full text]
  • 100 Years of History
    years of history FLOWERS WAR In the early days, the launch of As well as serving islanders, 100 years of serving Scillonian was a great asset to the ‘Scillonian’ carried large numbers of islands’ flower exports, allowing regular land, sea and air servicemen to and passage to the mainland for onward from Scilly. Remarkably, Scillonian the Isles of Scilly transport to meet flower markets. maintained a near-perfect sailing record throughout the war. By the 1950s, Scilly’s flower trade had flourished, flowers were loaded Between 1939 and 1945 Captain overnight and every bit of undercover Reseigh and his crew completed In 1920, the people of the Isles of Scilly came space aboard Scillonian was filled. 1,552 crossings. Scillonian survived together to form a company to deliver a reliable Skybus, provided another fast route to the war without serious damage transport link to the mainland. We are that company. transport flowers from Scilly. and no loss of life. The Certificate of Incorporation of the Company was The inter-island post boat named The ship’s master, Captain Reseigh, dated 26th March 1920, and that of the right of the The first purpose built ‘Scillonian’, launched in 1926. ‘Swift Lady’ was added to the fleet in and Chief Engineer, Mr A Nicholls, Powered by steam, she could carry 165 tons of cargo and 390 passengers. 2000, to supplement the islands freight were both awarded the MBE Company to commence business, is dated 27th April vessel and support the flower trade. by King George VI. 1920. Our first ship was an ex-Royal Navy ship renamed ‘Penninis’.
    [Show full text]
  • House of Lords Official Report
    Vol. 783 Thursday No. 20 20 July 2017 PARLIAMENTARYDEBATES (HANSARD) HOUSE OF LORDS OFFICIAL REPORT ORDEROFBUSINESS Introduction: Lord Duncan of Springbank .....................................................................1729 Questions Transport: North East of England...............................................................................1729 Security: ID Cards........................................................................................................1732 Prisoners: Imprisonment for Public Protection Sentences ............................................1734 Health: Obesity.............................................................................................................1736 BBC: Equal Pay Private Notice Question ................................................................................................1739 Fox-Sky Merger Statement......................................................................................................................1742 Transport: Remote Island Communities in England Motion to Take Note.....................................................................................................1749 Grenfell Tower and Fire Safety: Update Statement......................................................................................................................1773 Euratom Question for Short Debate.............................................................................................1784 NHS: Contaminated Blood Statement......................................................................................................................1797
    [Show full text]
  • Species List for 1983
    CORNWALL BIRD-WATCHING AND PRESERVATION SOCIETY Fifty-Third Annual Report 1983 St. George Printing Works Ltd., Camborne. Tel: 712354 Officers 1984-85 President: Dr. C. J. F. Coombs, Greenwith Place, Perranwell, Truro Chairman: Mrs M. P. Visick, Trendain, Perranwell Station, Truro Vice Chairman: M. W. Tyler, Green Valley, Trevia, Camelford General Secretary: Mrs D. F. Inch 9 Compass West, Tregadillett, Launceston Minutes Secretary: Ms J. Sutcliffe 49 Lemon Street, Truro Treasurer and Registrar: W. K. J. Gray, 12 Chynance Drive, Newquay Field Meetings Officer: D. L. Thomas, Mirador, Whitecross, Nr. Newquay Conservation Officer: S. C. Hutchings, 24 Kernick Road, Penryn Assistant Conservation Officer: G. P. Sutton, The Old Orchard, Lynstone, Bude Newsletter Editor: F. M. Couch, 29 Roman Drive, Bodmin Public Relations Officer: E. Grace, Gwyngala, Meres Valley, Mullion, Helston Officer for Youth and Education: Mrs S. D. Johns, 25 Hillcrest Ave., Truro Recorder and Editor "Birds in Cornwall": S. M. Christophers, 'Emberiza", 5 Newquay Rd., St. Columb Major Assistant Editor: R. Smaldon, 46 Briar Road, Hartley, Plymouth Secretary for the Isles of Scilly: D. B. Hunt, Porthcressa Cafe, St. Mary's, Isles of Scilly Joint Recorders and Editors — Isles of Scilly Journal: D. B. Hunt, M. J. Rogers, Porthcressa Cafe, 195 Vicarage Road, St. Mary's, Sunbury-on-Thames, Isles of Scilly. Middlesex. Honorary Solicitor: G. R. J. Adams, Hillside, Treliever Road, Penryn Committee Members: P. J. Dwyer (Newquay) retires 1985, Mrs B. Allen (Mevagissey), V. R. Simpson (Chacewater) retires 1986, B. Acland (Truro), G. Gill (Penzance), N. R. Phillips (Penzance), L. A. Smith (Fowey) retires 1987, and the officers ex-officio.
    [Show full text]
  • Skybus Conditions of Carriage
    ISLES OF SCILLY Skybus Conditions of Carriage Background to Passengers which entitles the Passenger to dates and times specified on the Travel Pass taxes, fees or charges payable have not been These are the conditions on which the Carrier pay Travel Club Fares. COUPON SEQUENCE AND PRODUCTION paid. sells flights to Passengers (all as defined below) Travel Club Fares: the reduced fares and 3.8 The Travel Pass is only valid for the route PASSENGER AMENDMENTS AND via its website, by email, by telephone or face charges published from time to time by the shown on the Travel Pass. The fare paid by the CANCELLATIONS to face at one of its travel centres. If a Carrier for Passengers who hold a Travel Club Passenger is shown on the Travel Pass and is 4.9 Any changes including but not limited to, Passenger is a Travel Club Card holder, a Card. valid between the place of departure and flight dates, times, routes and Passenger patient being transported by the NHS or a Unchecked Items: Any items carried by the arrival shown on the Travel Pass. The Carrier names, may be changed by Passengers, subject shareholder of Isles of Scilly Steamship Passenger about their person which are not will honour Travel Passes only in sequence from to the payment of an amendment Fee, which Company Limited separate conditions of Checked Baggage. the place of departure to the place of arrival as will be subject to a maximum of £85 per Travel carriage shall apply. Valid Identification: A valid passport, a valid shown on the Travel Pass.
    [Show full text]
  • Steamship Company Limited
    ISLES OF SCILLY STEAMSHIP COMPANY LIMITED THE FUTURE OF MARINE 98th Annual Report and Consolidated Financial Statements Year Ended 31 March 2018 SteamshipISLES OF SCILLY GROUP ISLES OF SCILLY STEAMSHIP COMPANY LIMITED COMPANY INFORMATION Isles of Scilly Steamship Company Limited Directors Registered office Annual Report and Mr D Rogers Hugh Town Consolidated Financial Statements Mr M B Howarth St. Mary’s Year Ended 31 March 2018 Mr P Hardaker Isles of Scilly TR21 0LJ Mr A May Company Registration Mr S Reid Auditors Number 00165746 Mr S Hicks PKF Francis Clark Mr G Randall Statutory Auditor Lowin House Tregolls Road Truro Cornwall TR1 2NA 2 ANNUAL REPORT 2018 ISLES OF SCILLY STEAMSHIP COMPANY LIMITED CONTENTS COMPANY INFORMATION 2 KEY PERFORMANCE INDICATORS 4 CHAIRMAN'S STATEMENT 5 – 7 BOARD OF DIRECTORS 8 – 9 STRATEGIC REPORT 10 – 13 DIRECTORS' REPORT 14 STATEMENT OF DIRECTORS' RESPONSIBILITIES 15 INDEPENDENT AUDITOR'S REPORT 16 – 17 CONSOLIDATED PROFIT AND LOSS ACCOUNT 18 AND STATEMENT OF RETAINED EARNINGS CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME 18 CONSOLIDATED BALANCE SHEET 19 BALANCE SHEET 20 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 21 STATEMENT OF CHANGES IN EQUITY 22 CONSOLIDATED STATEMENT OF CASH FLOWS 23 NOTES TO THE FINANCIAL STATEMENTS 26 – 35 ANNUAL REPORT 2018 3 ISLES OF SCILLY STEAMSHIP COMPANY LIMITED TURNOVER OPERATING PROFIT EBITDA YEAR ENDED 31 MARCH YEAR ENDED 31 MARCH YEAR ENDED 31 MARCH £2.99M £17.40M £17.09M £17.46M £1.84M £2.65M £1.52M £1.73M 2018 2016 2017 2018 2016 2017 2016 2017 2018 -£0.17M SKYBUS SCILLONIAN
    [Show full text]