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2021-01-31-accounts

Trustees’ annual report and accounts 1[st] February 2020 – 31[st] January 2021

Contents

Page
Administrativeinformation 3
TheNarrowGaugeRailwayMuseum 3
The collection 4
Risk management 4
Reviewof the year 4
 The Covid-19 pandemic 4
 Wideraccess 7
 Temporary exhibition and writing
competition
7
 Otherdevelopments 8
 Governance 8
 Recognition 9
 People 9
Thefuture 9
Financial report 10
Appendix 1 – Independentexaminer’sreport 13
Appendix 2 – Accessionstothe collection 14

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Administrative information

The Trust is a charitable unincorporated association registered as a charity in England & Wales, number 1040128. It is governed by its Trust Deed dated 11[th] July 1994 with its principal object being:

“the collection, conservation and display of narrow-gauge railway relics and material for the education of the public in an enjoyable way”.

Accredited Museum No 1433

Registered office: Wharf Station Tywyn Gwynedd LL36 9EY

Personnel

Trustees appointed by Ian Evans Minutes secretary
the Talyllyn Railway John D Olsen PhD, MRSB, CIBiol
Preservation Society Malcolm Phillips Collections manager
Wendy Pink
C Keith Theobald Chairman
Co-opted trustees Diane K Drummond PhD FHEA
C Russell Hatt CEng MICE
Officers Charles Fleming Legal adviser
Robert Gwynne BA, PGCE, DipM, AMA Museum mentor
Andrew Nock Secretary
Stephen Powell Treasurer

All personnel served throughout the reporting year.

The Trustees met 12 times during the reporting year. In order to comply with official guidance regarding Covid-19 security all meetings were held remotely by audio-video conference. At all their meetings the Trustees kept in mind their duty to provide public benefit.

Bank: CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ

The Narrow Gauge Railway Museum (“the Museum”)

The Trust’s aim is to record and interpret the history of narrow-gauge railways in the British Isles and beyond. While a number of passenger-carrying railways have been preserved and still operate, primarily now to serve the tourist market, many other passenger-carrying lines, as well as numerous industrial and military ones, ceased to exist in the mid-20[th] century. The pioneering enthusiasts and collectors of those times laid the basis of the collection while it was still possible, so that today the story of these railways can be told, most of which never achieved the widespread following enjoyed by the main lines, but were in their own way important contributors to economic and social history.

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The Trust’s main activity is managing the Museum to ensure its current operation and secure its long-term sustainability.

The Museum occupies a purpose-made building, opened in 2005 as part of the major redevelopment of the Talyllyn Railway’s Wharf station in Tywyn. Its location alongside a working narrow-gauge railway gives the Museum’s story a living context, and adds a significant attraction to the pleasure and interest of a journey on the Railway. Elsewhere on the Wharf site the Museum also has use of the historic Gunpowder Store and new building featuring the original Talyllyn Railway weighbridge.

The Collection

The main collection consists of items relating to narrow gauge railways of the British Isles, and to the Talyllyn Railway in particular.

The Trustees continue to review selectively items offered for sale at auction, and make a reasonable bid for any item which they consider would enhance the collection. Items are also offered to the Museum from time to time, with any accession decision being taken by the Trustees. Most recent accessions have been small, mostly paper, items, reflecting the reality of new material availability, and the pressures on the Museum’s space. Accessions during the reporting year are listed in Appendix 2.

Some items in the collection – mainly wagons – are displayed outdoors on the Wharf site. Some large items – locomotives and a wagon – which cannot be accommodated at Tywyn for lack of space are on loan to appropriate institutions elsewhere in the UK.

Risk management

The Trustees maintain, apply and review policies relating to:

The Trustees maintain a Designated Insurance Reserve fund as cover against loss or damage to items in the Collection. Many such items being historical relics are unique and hence ‘priceless’; they regard this as better value for money than cover in the commercial insurance market, which is unavailable at a reasonable premium.

The Trustees also earmark a proportion of the Trust’s cash balance (held in a high-interest account, £36k at the end of the reporting year) as a hedge against higher running costs. The Trust occupies its premises on very beneficial terms from its landlord the Talyllyn Railway, and could face substantially higher costs if changing circumstances caused the Railway to alter its terms.

Review of the year

The Covid-19 pandemic

As had been customary, the Museum was open to the public the during schools’ half-term holiday week in February 2020; normally it would have re-opened for the main season at Easter, but was prevented from doing so by official restrictions imposed to control the

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spread of Covid-19 infection. These restrictions, at varying levels, persisted throughout the reporting year.

In addition to the general effect of restrictions, two factors had a particular impact on the Museum:

Positively, public financial support for the museums sector was quickly organised and distributed, and the Museum has benefitted from several grants which have sustained it during the year, replacing lost income and funding additional costs:

during the year, replacing lost income and funding additional costs:
Awarding body Value ofgrant
National LotteryHeritage Fund – Heritage EmergencyGrant £9700
Gwynedd Council – Businessgrant £10000
Wales Cultural RecoveryFund – Welsh Government £26920
Gwynedd Council – Firebreakgrant £1000
Gwynedd Council – Firebreakgrant £2000
Gwynedd Council – Grant Nadolig £3000

The Welsh Government allowed museums to re-open as from 27th July 2020, but most found the process of re-opening difficult and complex, with the Narrow Gauge Railway Museum being no exception. In addition to meeting enhanced hygiene and safety requirements, it faced two particular challenges; its volunteer attendants were mostly in “at-risk” categories and so could not staff the Museum, and the ventilation needed improving in order to provide adequate air circulation within the building, especially the upper floor.

The emergency grants from the Welsh Government (via Gwynedd Council) and the Lottery Heritage Fund allowed the Museum to make the changes and obtain the materials needed for safe public access, and crucially to take on two paid employees (Museum Assistants), Luke Ryan and Frank Nolan, initially for four months, allowing a phased re-opening.

Phase 1 on 5th September saw public access to the entrance area with a large screen monitor to illustrate the collection inside (and the large door open when weather conditions allowed).

Phase 2 followed very quickly, on 7th September, allowing visitors who had booked online to visit the Museum’s ground floor, where most of the larger exhibits are displayed.

Under Phase 3 on 18[th] November, following provision of improved ventilation, visitors were also able to enjoy prebooked but restricted access to the first-floor displays, including many of the smaller exhibits and the re-created Awdry Study. Regrettably a new Welsh ‘lockdown’ forced the Museum to close its doors again on 5[th] December, and it remained closed at the end of the reporting year.

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New Museum Assistants Luke Ryan and Frank Nolan welcome visitors to the Museum on re-opening day, 5th September 2020

Inevitably, visitor numbers at 1442 in 2020 were much lower than normal (16,671in the previous year):

From To Days Adult visitors Child visitors Total
visitors
February half term 9 165 102 267
05.09.20 23.10.20 49 734 67 801
09.11.20 04.12.20 26 349 35 374
1442

Further grants were received later in the year – a Welsh Government Cultural Recovery Fund Grant of £26,920, and several support grants from Gwynedd Council amounting to £6,000. Among other things the Welsh Government grant financed further work to improve ventilation with the provision of a large window topped with 3 top light opening windows giving an excellent view from the adjacent Neptune Road into the Museum’s upper floor, and creating interest among passers-by. It has also allowed the Museum to extend the employment of the Museum Assistants to the end of March 2021.

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New windows on Neptune Road frontage, providing the required ventilation, and an enticing glimpse into the Museum, with star locomotive exhibit ‘Dot’ in full view

Wider access

In order to involve a wider range of people in heritage, and to compensate for the very limited access to the Museum, the Museum Assistants have expanded its social media presence, and started providing on-line 'virtual' tours. Every week an item from the collection is featured on the website. For the first time, learning materials for children have been placed on the Museum website – for parents to use during enforced periods of home-schooling for example.

Temporary exhibition and writing competition

The Museum regularly mounts temporary exhibitions, often to celebrate a significant anniversary or to focus on a special area of interest. The 2020 exhibition – ‘narrow-gauge railways in literature’ - was set up in January 2020, featuring some literary greats from the past including D.H. Lawrence, F. Scott Fitzgerald, and Henry Williamson, along with more recent authors, some still living, and the work of some children’s writers including the Rev W Awdry whose fictional ‘Skarloey Railway’ was inspired by his experience as a volunteer on the Talyllyn Railway in early preservation days. Because the Museum was closed for much of the year restricting the number of people able to see the exhibition, it has been made available on the Museum website.

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The "Narrow-Gauge Railways in Literature" temporary exhibition

Complementing the exhibition was a writing competition, an innovation for the Museum. Pandemic restrictions inevitably depressed interest, but some good entries were received and first prize was awarded to Declan J O’Dare for an original and engaging love story centred on one of the Museum’s earliest and most distinctive exhibits, the steam locomotive from the Guinness brewery in Dublin. Winner of the Junior prize was 10 yearold Ziyad Abdelaal-Wait, with "The tiny, red steam locomotive". He said "The locomotive is loosely based upon William Finlay, who now resides at the NGRM, and my hopes for it in the future."

Other developments

Over the year the Trustees have continued to work on two important projects, although inevitably the Covid-19 pandemic has slowed progress:

Governance

The Trustees continued their participation in the ‘Prospering Boards’ programme run by AIM (Association of Independent Museums) and have made significance progress in defining the Trust’s aims and purpose, and establishing a new Forward Plan. They will soon

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be ready to seek Charity Commission registration of the Trust as a CIO (Charitable Incorporated Organisation), allowing the number of trustees to be increased to bring in a wider range of skills.

Recognition

In January the Trustees were delighted to hear that the Museum was to receive the 2021 Heritage Railway Association’s Interpretation Award , sponsored by Heritage Railway Magazine and Mortons Media. Across the UK, heritage rail operators of every kind regard the HRA awards as the industry’s most prestigious form of recognition. This award recognises the hard work, creativity and dedication of the volunteers who have supported the independent, accredited museum over many years.

People

The same Trustees and Museum officers served throughout the reporting year. The two trustees who live locally to Tywyn have been able to oversee the Museum during the period of restrictions and closure, but most Trustee business has been conducted remotely, taking advantage of modern audio-visual technology.

Museum working parties, which generally meet on Thursday mornings, outside during the summer and indoors in the winter, and do work vital to maintain the Museum, have regrettably been suspended for much of year, but were able to meet from late August until mid-December.

The year has been a trying one generally and personally for all the Museum’s volunteers, and the Trustees thank them for their loyal support.

The future

At the end of the reporting year, it appeared likely that the Museum, along with the Talyllyn Railway, would be allowed to re-open in the second quarter of 2021, although the extent of any remaining restrictions was unknown. This is clearly good news, but the Trustees are acutely conscious that a return to ‘business as it used to be’ may not be possible. The Museum’s business model, with no admission charge and reliance on donation income to balance the relatively low running costs resulting from a 100% volunteer workforce, may no longer be tenable if volunteers, who came predominantly from older age groups, are unable or unwilling to return in previous numbers. The cost of continuing to employ staff to compensate would significantly exceed previous income levels, and the Trustees are urgently investigating additional income sources.

Other exciting challenges face the Museum too, in particular to work with the Talyllyn Railway to enhance the way the Tywyn area’s unique narrow-gauge heritage is interpreted and presented to visitors, and to play its part if, as is hoped, the Welsh Slate Landscape receives World Heritage Site designation.

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Financial Report

Financial Report Financial Report
Narrow Gauge Railway Museum Trust
Accounts foryear ended31st January 2021
Fund Type Unrestricted Designated All Previousyear

Fund Name
General Insurance
Reserve
RECEIPTS
Donations in Museum £495.00 £495.00 2,053.02
£
Other Donations £4,734.74 £4,734.74 1,078.22
£
Friends Subscriptions £887.00 £887.00 1,722.75
£
Legacies £0.00 £0.00 79.32
£
Grants £52,620.00 £52,620.00 1,511.00
£
Gift Aid Tax Reclaim £3,698.69 £3,698.69 -
£
Sales £0.00 £0.00 -
£
Fees £0.00 £0.00 -
£
Miscellaneous £0.00 £0.00 -
£
Bank Interest £20.98 £580.72 £601.70 8.35
£
Total Receipts £62,456.41 £580.72 £63,037.13 7,012.66
£
EXPENDITURE
Collection
Acquisition £78.68 £78.68 2,901.79
£
Repair & Maintenance £0.00 £0.00 43.57
£
Presentation £1,164.73 £1,164.73 742.46
£
Subscriptions £277.80 £277.80 279.80
£
Grants £0.00 £0.00 -
£
Payroll £10,783.14 £10,783.14 -
£
Covidprecautions £11,540.40 £11,540.40 -
£
Miscellaneous £455.23 £455.23 1,931.54
£
Total Payments £24,299.98 £24,299.98 5,899.16
£
Net Receipts £38,156.43 £580.72 £38,737.15 1,038.37
Balances b/f 01/02/20 £26,333.64 £41,366.96 £67,700.60 25,653.69
£
Balances c/f 01/02/21 £64,490.07 £41,947.68 £106,437.75 26,233.64
£

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----- Start of picture text -----
Fund Balances at 31/01/2020
General £26,333.64 Insurance Reserve £41,947.68
Represented by
NWB A/C gross £436.20
CAF Cash A/C 31/01/20 £27,122.30
less unpresented cheques etc.
£0.00 £27,122.30
plus unstatemented credits
£0.00 £27,122.30
CAF Cash A/C net £27,122.30
CAF Gold A/C 31/01/20 £36,931.57
plus unstatemented credits
£0.00 £36,931.57
CAF Gold A/C net £36,931.57
Fund balances at 31/01/2021
£64,490.07 1-year Bond £41,947.68
----- End of picture text -----

Financial commentary

The Trust’s accounts for the reporting year illustrate almost better than words the unprecedented changes caused by the Covid-19 pandemic.

Some grant-funded expenditure related to periods after the reporting year end, and remained to be disbursed in the following year.

1 The accessions reported in Appendix 2 were gifts to the Museum.

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NGRiW ned: Trustee (Chairman) C Keith Theobald Date: 1.1121 Trustee TO￿ts) J)c)wiwic oL5￿￿j Date: 121Page

Appendix 1

Independent examiner’s report

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Accessions to the Collection, 2020-2021

Appendix 2

MAIN

TYWRM:ALR009 timetable Ashover Light Railway pocket timetable for 20 August 1925 onwards
TYWRM:CU013 label Instrument labels for Chattenden and Upnor Hard
TYWRM:DQ126 ticket Ticket for travel on the Padarn Railway
TYWRM:FR056 report Festiniog Railway Directors report and accounts for December 1909
TYWRM:FR057 plaque Festiniog Railway plaque mounted crest
TYWRM:LLS013 timetable Londonderry & Lough Swilly Railway Company Working Timetable for
13th April 1947
TYWRM:PQ071 works plate Replica works plate for Manning Wardle locomotive No.1382 'Jubilee
1897'
TYWRM:TR359 pattern Talyllyn Railway nameplate foundry pattern for Merseysider (letter M
missing)
TYWRM:TR360 headboard Talyllyn Railway cast aluminium headboard for "Rolt Explorer"
TYWRM:ZZ008 photograph Casserley collection photographs / negatives
TYWRM:ZZ009 photograph Collection of slides of railways from Philip Sayers
TYWRM:ZZ010 photograph Collection of photographs from David Mitchell (used in museum from
2004)
TYWRM:FR058 book Festiniog Railway Guide Book c1972
TYWRM:FR059 book Festiniog Railway Pictorial Series 2 1971
TYWRM:FR060 postcard Limited edition of six art-drawn postcards featuring 150 years of the
Festiniog Railway
TYWRM:RHD003 book Guide book for the Romney Hythe and Dymchurch Railway
TYWRM:TR361 timetable Talyllyn Railway card pocket timetable for 1973
TYWRM:TVR001 ticket Official Opening Day ticket 9th April 1986
TYWRM:WLR015 book Welshpool & Llanfair Light Railway Guide 1973

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SUPPORT

TYWRM:SUP273 book The Railways of Sir Arthur Percival Heywood Volume 1 by James
Waterfield
TYWRM:SUP274 book Narrow Gauge Railways in South Caernarvonshire by J.I.C.Boyd
TYWRM:SUP275 book Snowdon Mountain Railway by P. Ransome-Wallis
TYWRM:SUP276 book The Manifold Valley and its Light Railway by R. Keys and L. Porter
TYWRM:SUP277 book The Welsh Highland Railway by Charles E. Lee
TYWRM:SUP278 book Slates to Velinheli by D.C.Carrington and T.F.Rushworth
TYWRM:SUP279 book Bowater's Sittingbourne Railway by Arthur G. Wells
TYWRM:SUP280 book Vale of Rheidol Light Railway by W.J.K.Davies
TYWRM:SUP281 book The Glyn Valley Tramway by David Llewellyn Davies
TYWRM:SUP282 book How Ffestiniog got its Railway by M.J.T.Lewis
TYWRM:SUP283 book Campbeltown & Machrihanish Light Railway by Nigel S.C. Macmillan
TYWRM:SUP284 postcard Booklet of postcards of Welsh narrow gauge railways

AWDRY

None

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