##
##
||||Page|
|---|---|---|---|
|Trustees'
Annual
Report|||1-4|
|Independent
examiners'||report||
|Statement offinancial|activities|||
|Balance sheet|||7-8|
|Notes to the financial|statements||9-21|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||Unrestricted|Restricted|Designated|Total|Total|
|---|---|---|---|---|---|---|
||Notes|2020|2020|2020|2020|2019|
|||f.||||E|
|Incoming
resources|||||||
|Incoming resources
from|||||||
|generating
funds:|||||||
|Donations 8 legacies|3|532,386|||532,386|17,796|
|Other trading
income|4|34,993|||34,993|13,449|
|Incoming
resources
from Charitable
activities|5|154,276|||154,276|325,938|
|Total incoming
resources||721,655|||721,655|357,183|
|Resources expended|||||||
|Costs of raising funds|6|12,176|||12,176|57,584|
|Charitable
activities|7|357,477|4,407||361,884|354,380|
|Total resources expended||369,653|4,407||374,060|411,964|
|Net movement
in funds
for the year||352,002|(4,407)||347,595|(54,781)|
|Balances brought
forward
at 1 October 2019||750,263|180,353|535,567|1,466,183|1,520,964|
|Balances carried forward
at 30September
2020||1,102,265|175,946|535,567|1,813,778|1,466,183|
##
##
|||||||Notes|2020|2019|
|---|---|---|---|---|---|---|---|---|
||||||||F|f|
|Fixed assets|||||||||
|Tangible asset||||||9|342,845|334,283|
|Inalienable
and historic assets||||||10|50,752|53,752|
|Investments||||||11|890,306|890,306|
||||||||1,283,903|1,278,341|
|Current assets|||||||||
|Debtors||||||12|114,798|78,122|
|Cash at bank and|in||hand||||438,834|68,823|
||||||||553,632|146,945|
|Creditors: amounts|||falling|due|||||
|within||one year||||14|23,757|59,103|
|Net current assets|||||||529,875|87,842|
|Total assets less||current||liabilities|||1,813,778|1,366,183|
|Debtors: amounts||falling||due|after more|13||100,000|
|than one||year|||||||
|Net assets|||||||1,813,778|1,466,183|
|Funds||||||15|||
|Unrestricted|||reserves||||603,122|251,120|
|Restricted|||reserves||||175,946|180,353|
|Prior Revenue reserve|||||||535,567|535,567|
|Property||Revaluation|||reserve||331,434|331,434|
|Goodwill||reserve|||||167,709|167,709|
||||||||1,813,778|1,466,183|
##
##
##
##
||Notes|Unrestricted|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|2021|2020|
||||F||E|E|
|Cash flows from operating
activities|||||||
|Net cash provided by (used in)
operating
activities|a||386,855||386,855|~52,764|
|Cash flows from investing
activities|||||||
|Interest|||||||
|Proceeds from sale of property,|||||||
|plant and equipment|||||||
|Purchase of property,
plant and
equipment|||16,844||~16,844|~5.532|
|Net cash provided by (used in)
investing
activities|||16,844||~16,844|~5,532|
|Change in cash and cash|||||||
|equivalents
in reporting period|||370,011||370,011|(58,296)|
|Cash and cash equivalents
at|||||||
|the beginning
ofthe reporting|||(107,123)|175,946|68,823|127,119|
|Cash and cash equivalents
at|||||||
|the end ofthe reporting period|b||262,888|175,946|438,834|68,823|
|(a) RECONCILIATION
OF NET INCOME/(EXPENDITURE)|||TO NET CASH|FLOW FROM|OPERATING ACTIVITIES||
||Notes|Unrestricted||Restricted|Total|Total|
||||funds|funds|2021|2020|
||||||F||
|Net income/(expenditure)
for|||||||
|the reporting
period (as per|||352,002|(4,407)|347,595|(54,781)|
|Adjustments
for non-cash
items:|||||||
|Depreciation
charges|||13,782||13,782|14,606|
|Loss/(profit)
on disposal
offixed assets|||(2,500)||(2,500)||
|(increase)/decrease
in debtors|||58,917|4,407|63,324|(21,960)|
|Increase/(decrease)
in creditors|||(35,346)|-|(35,346)|9,371|
|Net cash provided by (used in)
operating
activities|||386,855||386,855|~52,764|
|b) ANALYSIS OF CASH AND CASH EQUIVALENTS|||||||
|||Unrestricted||Restricted|Total|Total|
||||funds
E|funds
E|2021|2020f|
|Cash
in hand|||262,888|175,946|438,834|68,823|
|Total cash and cash equivalents|||262,888|175,946|438,834|68,823|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|4.|Other trading
income|Other trading
income||||||
|---|---|---|---|---|---|---|---|
||||Unrestricted
6
Restricted
2020
f||||2019|
||Museum|events||34,993|34,993||13,449|
||East Anglian
Railway Museum||runs beer festival events throughout||the year. These events|||
||are run|with CAMRA, who take|a percentage|of the profit made. Therefore as this is a joint|||event|
||and not|all the income and expenditure
are||related to East Anglian|Railway Museum,|just the||
||monies|made on these events|are included|in these accounts.||||
||monies made on these events are incl|uded
in these acc|ounts.|||
|---|---|---|---|---|---|
|5.|Incoming resources from charitable|activities||||
|||Unrestricted|Restricted|2020|2019|
||||||6|
||Museum
membership|2,530||2,530|2,483|
||Museum
admissions|144,309||144,309|286,930|
||Steaming fees||||9,181|
||Gift aid tax refunds|4,223||4,223|10,065|
||Other income|690||690|14,271|
||Grants||||3,000|
||Bank interest receivable|24||24|8|
||Sale ofassets|2,500||2,500||
|||154,276||154,276|325,938|
|6.|Costs of raising funds|||||
|||Unrestricted|Restricted|2020|2019|
|||F||||
||Museum
events expenditure|12,176||12,176|57,584|
##
##
|7.|Charitable
activities||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|2020|2019|
||||||F|8|
||Museum
admissions||357,478|4,407|361,885|354,381|
||||357,478|4,407|361,885|354,381|
||Charitable
activity expenditure||can be further analysed|as follows:|||
||||Unrestricted|Restricted|2020|2019|
||Cost ofgoods or services as
a Charitable
activity||181,451|4,407|185,858|165,089|
||Wages and national|insurance|124,032||124,032|110,935|
||Magazine
publishing|||||957|
||Publicity||23,152||23,152|35,374|
||Travelling|||||1,381|
||IT and internet charges||546||546|327|
||Bank charges||691||691|707|
||Sundry expenses||4,713||4,713|7,435|
||Professional fees||13||13|1,469|
||Insurance||5,151||5,151|10,946|
||Bad debts||3,947||3,947|5,154|
||Depreciation||13,782||13,782|14,607|
||||357,478|4,407|361,885|354,381|
|8.|Staff costs||||||
||||Unrestricted|Restricted|2020|2019|
|||||f|||
||Gross salaries||118,044||118,044|106,769|
||Social security costs||5,988||5,988|4,166|
||Total staff costs||124,032||124,032|110,935|
||||||2020|2019|
||||||No.|No.|
##
##
##
|Tangible fixed assets|||||
|---|---|---|---|---|
||Freehold|Other|||
||land and|tangible|Motor||
||buildings|assets|Vehicles|Total|
||||6||
|Cost or valuation|||||
|At 1 October 2019|494,322|287,739|1,850|783,911|
|Additions||16,844||16,844|
|Disposal||(11,155)||(11,155)|
|Revaluation|||||
|At 30September 2020|494,322|293,428|1,850|789,600|
|Depreciation|||||
|At 1 October 2019|162,277|286,239|1,112|449,628|
|Charge for the year|9,318|4,186|278|13,782|
|Disposal||(16,655)||(16,655)|
|At 30September 2020|171,595|273,770|1,390|446,755|
|Net book values|||||
|At 30September 2020|322,727|19,658|460|342,845|
|At 30September 2019|332,045|1,500|738|334,283|
##
##
##
|Comparable
historical cost basis for the freehold|land and buildings|included|at||
|---|---|---|---|---|
|valuation:|||||
|Cost or valuation|||||
|At 1 October 2019||||117,091|
|Additions|||||
|At 30September 2020||||117,091|
|Depreciation|||||
|At 1 October 2019||||27,562|
|Charge for the year|||||
|At 30September 2020||||27,562|
|Net book values|||||
|At 30September 2020||||89,529|
|At 30September 2019||||89,529|
|10.Inalienable
and historic assets|||||
||||2020|2019|
|Rolling stock|||50,752|53,752|
##
##
##
|||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|---|
|Unlisted|investments|||||||||
|Cost at 1 October|||2019|||||890,306|890,306|
|Additions||||||||||
|Cost at 30||September 2020||||||890,306|890,306|
|Unlisted|investments|||comprise:||||||
|||||||||2020|2019|
||||||||||6|
|East Anglian||Railway||Museum|(Trading)||Limited|886,307|886,307|
|Eastern Counties|||Railway Company|||Limited||3,999|3,999|
|||||||||890,306|890,306|
|||0/||
|---|---|---|---|
|Class of|shares:|Holding||
|Ordinary||95||
|||2020|2019|
|||6|F|
|Aggregate|capital and reserves|990,945|990,945|
|Gain for the year||(24,135)|(24,135)|
|Turnover||189,784|189,784|
|Aggregate|capital and reserves|
|---|---|
|Gain for the year||
|Turnover||
##
##
##
##
##
||||||2020|2019|
|---|---|---|---|---|---|---|
|||||||F|
|Loan to East Anglian|||Railway Museum|Trading||100,000|
|||||||100,000|
|Creditors: amounts|||falling due within|one year|||
||||||2020|2019|
|Other creditors|||||18,143|53,065|
|PAYE and national||insurance|||598|2,834|
|Intercompany|loans||||5,016|3,204|
||||||23,757|59,103|
##
##
##
##
##
##
##
##
##
##
##
##
|||Unrestricted|Restricted|Designated|Total|
|---|---|---|---|---|---|
|||2019|2019|2019|2019|
|||6|E|f||
|Incoming resources||||||
|Incoming resources from||||||
|generating
funds:||||||
|Voluntary
income||16,174|1,622||17,796|
|Income for generating|funds|13,449|||13,449|
|Investment
income||8|||8|
|Incoming
resources
from Charitable
activities||322,930|3,000||325,930|
|Total incoming
resources||352,561|4,622||357,183|
|Resources expended||||||
|Costs ofgenerating
funds||57,584|||57,584|
|Charitable
activities||351,380|3,000||354,380|
|Total resources expended||408,964|3,000||411,964|
|Net movement
in funds
for the year||(56,403)|1,622||(54,782)|
|Balances brought forward
at 1 October 2018||806,416|178,731|535,567|1,520,714|
|Balances carried forward
at 30September 2019||750,264|180,353|535,567|1,466,183|