##
##
##
||||PAGE|
|---|---|---|---|
|Trustees'
annual report||||
|Independent
examiner's||report to the trustees||
|Statement offinancial||activities||
|Statement offinancial||position||
|Notes tothe financial|statements|||
##
##
##
##
##
|REFERENCE AND|REFERENCE AND|ADMINISTRATIVE DETAILS|ADMINISTRATIVE DETAILS||
|---|---|---|---|---|
|Registered|charity name||The Friends ofthe Keighley|and Worth Valley Railway|
|Charity registration||number|1032933||
|Principal office|||Haworth
Station||
||||Haworth||
||||Keighley||
||||BD22 8NJ||
|The Trustees|||Mr SBray - Chair||
||||DrKA Carlton - Secretary||
||||Mr D Petyt
-Treasurer||
||||Mr CH Clough||
||||Mr TEngland||
||||Mr D Hanson||
||||Mrs IM Jones||
||||Mr KJones||
||||Mr RWalker||
||||Mr N Ward||
||||Mr M W Clark|(Passed away 30August 2022)|
||||Mr G Way||
||||Mr SBarrett|(Passed away 30March 2023)|
||||Mrs A Tarran||
||||MrBSlater||
||||Mr IPurkis||
|Independent|examiner||EA Short FCA||
||||Equitable House||
||||55Pelion Lane||
||||Halifax||
|Banks|||CAF Bank Ltd||
||||25 Kings Hill Avenue||
||||Kings Hill||
||||West Mailing||
||||ME194JQ||
||||Virgin Money||
||||46 Market Place||
||||Dewsbury||
||||WF13 1DN||
||||Shawbrook Bank Limited||
||||Lutea House||
||||Warley Hill Business Park||
||||The Drive||
||||Great Warley||
||||Brentwood||
||||CM13 3BE||
##
##
##
|e Friends ofthe Keighle|y &Worth Valley Railway is forme|d as follows:-|
|---|---|---|
|Independent
Trustees|Society Nominated|Trustees|
|DrKA Carlton|Mr SDBray||
|Mr DPetyt|Mrs A Tarran||
|Mr C H Clough|Mr BSister||
|Mr TEngland|Mr IPurkis||
|Mrs I M Jones|Mr SBarrett (Passed away 30March 2023)||
|Mr KJones|||
|Mr RWalker|||
|MrN Ward|||
|Mr D Hanson|||
|Mr M W Clark (Passed|away 30th August 2022)||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||2023||2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
|||||funds|funds|Total funds|Total funds|
||||Note|||||
|Income and endowments||||||||
|Donations
and legacies|||4|12,782|17,440|30,222|67,895|
|Investment
income|||5|152|2,129|2,281|655|
|Total income||||12,934|19,569|32,503|68,550|
|Expenditure||||||||
|Expenditure
on raising funds:||||||||
|Costs ofraising donations||and|legacies||||97|
|Expenditure
on charitable|activities||6,7|24,794|67,938|92,732|12,742|
|Total expenditure||||24,794|67,938|92,732|12,839|
|Net losses on investments|||10|3,962||3,962||
|Net (expenditure)/income|and|net||||||
|movement
in funds||||(15,822)|(48,369)|(64,191)|55,711|
|Reconciliation offunds||||||||
|Total funds brought
forward||||148,185|262,441|410,626|354,915|
|Total funds carried forward||||132,363|214,072|346,435|410,626|
##
##
##
||||2023||2022||
|---|---|---|---|---|---|---|
|||Note|||||
|FIXEDASSETS|||||||
|Investments||14||194,038|||
|CURRENT ASSETS|||||||
|Debtors||15|3&112||42,936||
|Cash at bank and in hand|||151,085||369,290||
||||154,197||412,226||
|CREDITORS: amounts|falling due||||||
|within one year||16|1,800||1,600||
|NET CURRENT ASSETS||||152,397||410,626|
|TOTAL ASSETSLESS|CURRENT||||||
|LIABILITIES||||346,435||410,626|
|NET ASSETS||||346,435||410,626|
|FUNDS OF THE CHARITY|||||||
|Restricted funds||||214,072||262,441|
|Unrestricted
funds||||132,363||148,185|
|Total charity funds||17||346,435||410,626|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|subsequently
measured
at amortised c
DONATIONS
AND LEGACIES|ost using the effective interest m|ethod.||
|---|---|---|---|
||Unrestncted|Restricted|Total Funds|
||Funds|Funds|2023|
|DONATIONS||||
|Donations|2,026|14,403|16,430|
|LEGACIES||||
|Bequest|10,746||10,746|
|GIFTS||||
|Gift Aid Receivable|10|3,037|3,046|
||12,782|17,440|30,222|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2022|
|DONATIONS||||
|Donations|3,560|10,124|13,684|
|LEGACIES||||
|Bequest|51,212||51,212|
|GIFTS||||
|Gift Aid Receivable|2,999||2,999|
||57,771|10,124|67,895|
##
##
##
##
|INVE|STMENT INCOME|||||
|---|---|---|---|---|---|
|||Unreshdcted|Restricted|Total|Funds|
|||Funds|Funds||2023|
|Bank|interest|152|2,129||2,281|
|||Unrestricted|Restricted|Total|Funds|
|||Funds|Funds||2022|
|Bank|interest|655|||655|
##
|EXPEN|DITURE ON CHARITA|BLE ACTIVITIES BYFUND TY|PE|||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Funds|
|||Funds|Funds||2023|
|Grants|paid|20,913|67,938||88,851|
|Support|costs|3,881|||3,881|
|||24,794|67,938||92,732|
|||Unrestricted|Restricted|Total|Funds|
|||Funds|Funds||2022|
|Grants|paid|8,724|2,454||11,178|
|Support|costs|1,564|||1,564|
|||10,288|2,454||12,742|
##
|EXPENDIT|URE ON CHAR|ITABLE ACTIVITIE|S BYACTIVI|TY TYPE||
|---|---|---|---|---|---|
|||Grant||||
|||funding of||Total funds|Total fund|
|||activities
I|Support costs|2023|2022|
|Grants paid||88,851||88,851|11,178|
|Governance|costs||3,881|3,881|1,564|
|||88,851|3,881|92&732|12,742|
##
##
|8.|SUPPORT||COSTS|||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Support costs|Total 2023|Total 2022|
||Postage and|stationery|||||25|25||
||Bank charges||||||72|72||
||Investment|management||fees|||2,000|2,000||
||Independent||examination||||1,784|1,784|1,564|
||||||||3,881|3,881|1,564|
|9.|ANALYSIS||OF GRANTS|||||||
|||||||||2023|2022|
||GRANTS TO INSTITUTIONS|||||||||
||Keighley
and %orth Valley Light Railway Ltd|||||||88,851|11,178|
||Total grants|||||||88,851|11,178|
|10.|NET LOSSESON INVESTMKNTS|||||||||
|||||||Unrestricted|Total Funds|Umestricted|Total Funds|
|||||||Funds|2023|Funds|2022|
|||||||f||||
||Gains/(losses)||on cash held for|||||||
||investment|purposes||||(3,962)|(3,962)|||
|11.|INDEPENDENT EXAMINATION FEES|||||||||
|||||||||2023|2022|
||||||||||f|
||Fees payable||to the independent||examiner|for:||||
||Independent||examination|ofthe|financial|statements||1,784|1,564|
##
##
##
##
##
|||Other|
|---|---|---|
|||investments|
|Cost or valuation|||
|At 6 April|2022||
|Additions||200,000|
|Fair value|movements|(3,962)|
|Other movements||(2,000)|
|At 5April|2023|194,038|
|Impairment|||
|At 6April|2022 and 5April 2023||
|Carrying|amount||
|At 5April|2023|194,038|
|At 5 April|2022||
##
|15.|DEBTORS||||
|---|---|---|---|---|
||||2023|2022|
||Trade debtors||75||
||Other debtors||3,037|42,936|
||||3,112|42,936|
|16.|CREDITORS: amounts|falling due within one year|||
||||2023|2022|
||Accruals and deferred income||1,800|1,600|
##
##
##
##
||||||Gains and||
|---|---|---|---|---|---|---|
||6Apr 2022|Income|Expenditure|Transfers|losses|5Apr 2023|
|||||f.||f.|
|General funds|133,185|12,934|(24,794)||(3,962)|117,363|
|Water Tower|15,000|||||15,000|
||148,185|12,934|(24,794)||(3,962)|132,363|
||||||Gains and||
||6Apr 2021|Income|Expenditure|Transfers|losses|5Apr 2022|
|General funds|100,144|58,426|(10,385)|(15,000)||133,185|
|Water Tower||||15,000||15,000|
||100,144|58,426|(10,385)|||148,185|
|Restricted funds|||||||
||||||Gains and||
||6Apr 2022|Income|Expenditure|Transfers|losses|5Apr 2023|
|957 Overhaul|11,061|4,332||||15,393|
|WD Overhaul|59,202|1,267|(24,800)|||35,669|
|Black Five Fund|84,210|1,889||||86,099|
|75078Fund|49,390|9,881|(40,000)|||19,271|
|4FFund|3,842|363||||4,205|
|Diesel|||||||
|DMU/DRB|714|||||721|
|Steam Crane|||||||
|Fund|51,579|521|(3,138)|||48,962|
|Bridge Appeal|2,443|1,309||||3,752|
||262,441|19,569|(67,938)|||214,072|
##
##
||||||Gains and||
|---|---|---|---|---|---|---|
||6Apr 2021|Income|Expenditure|Transfers|losses|5Apr 2022|
|957 Overhaul|10,728|333||||11,061|
|W D Overhaul|61,274|382|(2,454)|||59,202|
|Black Five Fund|83,042|1,168||||84,210|
|75078 Fuild|42,429|6,961||||49,390|
|4F Fund|3,602|240||||3,842|
|Diesel|||||||
|DMU/DRB|714|||||714|
|Steam Crane|||||||
|Fund|51,579|||||51,579|
|Bridge Appeal|1,403|1,040||||2,443|
||254,771|10,124|(2,454)|||262,441|
##
##
|ANALYSIS OFN|ET ASSETSBETW|EEN FUNDS|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2023|
|Investments|||194,038|194,038|
|Current assets||134,163|20,034|154,197|
|Creditors less than|I year|(1,800)||(1,800)|
|Net assets||132,363|214,072|346,435|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2022|
|Investments|||||
|Current assets||153,445|258,781|412,226|
|Creditors less than|I year|(1,600)||(1,600)|
|Net assets||151,845|258,781|410,626|
##
##