Many thanks... she was a tip when I bought her, and spent many hours doing her up!!!
We had a bad storm this morning, she was on her mooring, bounced up and down over waves (North Westerly wind i think), picked up a lot over a particuarly big wave, water got into the stern. Next time it happened, was heavier at the back and more water got in.. a few of those, and she'd then go down like the titanic!
The hull looks sound, can't see any cracks. Engine will probably be screwed or not financially viable to repair, was under a good few hours. Ignition box, throttle, battery, pump, dials, possibly wiring will all be screwed. Hopefully the steering is all ok though, seats should be fine with a good clean and dry out
Oh, and fantastic photoshop

Anyone else fancy doing one? Someone's printed a copy of the photo and is in the local island pub on the noticeboard... i'll add the Wilson one to it tomorrow