| Pages | ||
|---|---|---|
| Charitable company information |
||
| Directors report | 2-4 | |
| Independent Examiners |
Report | |
| Statement of Financial | Activities | |
| Balance Sheet | ||
| Notes to the Accounts | 8-11 |
| 31DECEMBER 2020 | |||||||
|---|---|---|---|---|---|---|---|
| 2020 | 2019 | ||||||
| Note | Unrestricted | Restricted | Total | Total | |||
| Funds | Funds | Funds | Funds | ||||
| Incoming resources | |||||||
| Donations | 4,109 | 4,109 | 14,984 | ||||
| Rent from Carnforth | Heritage Centre Limited | 1,500 | 1,500 | 1,500 | |||
| Fund raising events | 200 | 200 | 0 | ||||
| Sponsorships | 800 | 800 | 1,800 | ||||
| interest receivable | 49 | 49 | 98 | ||||
| Gift Aid | 3 | 3 | 3,823 | ||||
| Management fees - |
CHC Ltd | 9,678 | 9,678 | 12,962 | |||
| Government Grants |
15,452 | 15,452 | 0 | ||||
| Total incoming resources | 31,792 | 31,792 | 35,167 | ||||
| Charitable expenditure |
|||||||
| Costs ofactivities in |
furtherance | of | |||||
| the objects ofthe charity: | |||||||
| Cost ofoperation of |
station | 0 | 24,476 | 24,476 | 24,476 | ||
| Management and administration |
costs | 36,934 | 0 | 36,934 | 31,735 | ||
| Total resources expended | 36,934 | 24,476 | 61,410 | 56,211 | |||
| Net outgoing resources | (5,143) | (24,476) | (29,619) | (21,044) | |||
| Fund balances at 1 January 2020 | 71,125 | 775,214 | 846,339 | 867,383 | |||
| Fund balances at31December 2020 | 65,982 | 750,738 | 816,720 | 846,339 |
| CARNFORTH STATION AND RAILWAY TRUST COMPANY L BALANCE SHEET 31 DECEMBER 2020 |
IMITED | ||
|---|---|---|---|
| Note | 2020 | 2019 | |
| E | |||
| FIXEDASSETS | |||
| ' Tangible fixed assets |
8 | 747,360 | 771,836 |
| Investments | 11 | 2 | 2 |
| 747,362 | 771,838 | ||
| CURRENT ASSETS | |||
| Debtors | 50,341 | 55,810 | |
| Bank - current account | 31,360 | 4,769 | |
| Bank - FOCS events account | 0 | 0 | |
| Furness Building Society deposit account Cash in hand |
16,369 0 |
16,320 0 |
|
| 98,070 | 76,899 | ||
| CURRENT LIABILITIES | |||
| Creditors; amounts falling due within one year |
(6,629) | (2,398) | |
| NET CURRENT ASSETS | 91,441 . | 74,501 | |
| LONG TERM LIABILITIES | (22,083) | ||
| NET ASSETS | 816,720 | 846,339 | |
| represented by: |
|||
| UNRESTRICTED FUNDS | |||
| General fund |
65,982 | 71,125 | |
| RESTRICTED FUND | 750,738 | 775,214 | |
| TOTAL FUNDS | 816,720 | 846,339 |
| Cost ofoperation ofstation | Cost ofoperation ofstation | 2020 | 2019 | |||
|---|---|---|---|---|---|---|
| E | ||||||
| Depreciation - Leasehold |
property | 24,090 | 24,090 | |||
| Depreciation - Fixtures and fittings |
386 | 386 | ||||
| 24,476 | 24,476 | |||||
| Management and administration |
2020 | 2019 | ||||
| E | 8 | |||||
| Network Rail - annual rent |
1,000 | 2,000 | ||||
| Management charges from Wages Employee Pension Costs |
CHC Ltd | 0 29,829 1,227 |
0 20,224 851 |
|||
| Printing, stationery |
and advertising | 0 | 2,250 | |||
| Camforth Chronicle |
costs | 304 | 912 | |||
| Repairs and renewals | 0 | 948 | ||||
| Accountancy services |
4,225 | 2,750 | ||||
| FOCS - annual dinner |
0 | 865 | ||||
| B/E Special | 0 | 0 | ||||
| B/E Special refunds | 275 | 0 | ||||
| Sundry | 74 | 935 | ||||
| 36,934 | 31,735 | |||||
| The directors take | no remuneration | or expenses | ||||
| Liabilities: Amounts falling due within |
one year | 2020 | 2019 | |||
| 8 | 8 | |||||
| Loans | 2,917 | 0 | ||||
| Accruals | 3,712 | 2,398 | ||||
| 6,629 | 2,398 | |||||
| Liabilities: Amounts falling due within |
one year | 2020 | 2019 | |||
| E | ||||||
| Loans due between | 2 and 5years | 20,000 | ||||
| Loans due over 5years | 2,083 | |||||
| 22,083 | 0 | |||||
| Analysis of net assets | between funds | General | Restricted | Total | ||
| Funds | Funds | Funds | ||||
| Tangible fixed assets | 0 | 747,360 | 747,360 | |||
| Investments | 2 | 0 | 2 | |||
| Current assets | 94,692 | 3,378 | 98,071 | |||
| Current liabilities |
(6,629) | 0 | (6,629) | |||
| Long term liabilites | (22,083) | 0 | (22,083) | |||
| 55,882 | 755,738 | 816,720 |
| 7. | Debtors | 2020 | 2019 | |
|---|---|---|---|---|
| R | ||||
| Carnforth Heritage Centre Limited |
49,036 | 51,229 | ||
| VAT repayment due |
805 | 759 | ||
| Prepayments | 500 | 0 | ||
| Gift Aid | 0 | 3,822 | ||
| 50,341 | 55,810 | |||
| Tangible fixed assets | Leasehold | Fixtures | Total | |
| property | 8 fittings | |||
| K | ||||
| Cost | ||||
| At 1 January 2020 | 1,201,815 | 77,523 | 1,279,338 | |
| Additions during the year |
||||
| At 31 December 2020 | 1,201,815 | 77,523 | 1,279,338 | |
| Depreciation | ||||
| At 1 January 2020 | 430,472 | 77,030 | 507,502 | |
| Charge for the year | 24,090 | 386 | 24,476 | |
| At 31 December 2020 | 454,562 | 77,416 | 531,978 | |
| Net book value | ||||
| At 31 December 2020 | 747,253 | 107 | 747,360 | |
| At 31 December 2019 | 771,343 | 493 | 771,836 |
| Movement in funds |
At | Incoming | Outgoing | At | |||
|---|---|---|---|---|---|---|---|
| 01/01/2020 | resources | resources | 31/12/2020 | ||||
| Restricted funds | |||||||
| Repair and improvement | to | ||||||
| station buildings | 775,214 | (24,476) | 750,738 | ||||
| Total restricted | funds | 775,214 | (24,476)- | 750,738 | |||
| Unrestricted funds |
|||||||
| General funds | 71,125 | 31,792 | (36,934) | 65,982 | |||
| Total unrestricted | funds | 71,125 | 31,792 | (36,934) | 65,982 | ||
| Total funds | 846,339 | 31,792 | (61.410) | 816,720 |
| CARNFORTH STATION AND RAILW NOTES TO THE ACCOUNTS FOR THE YEAR ENDED |
CARNFORTH STATION AND RAILW NOTES TO THE ACCOUNTS FOR THE YEAR ENDED |
AY TR | UST COMPANY LIMITED | |||
|---|---|---|---|---|---|---|
| 31DECEMBER 2020 | ||||||
| 11. | Investments | 2020 | 201$ | |||
| At 31 December 2020 | ||||||
| Unlisted investments at cost |
||||||
| This investment represents |
100%ofthe ordinary share capital | of | ||||
| Camforth Heritage Centre Limited, |
the wholly owned trading | subsidiary | ofthe trust. | |||
| Carnforth Heritage Centre |
Limited | |||||
| Year ended 31December 2020 | 2020 | 2019 | ||||
| Total income forthe year | 50,413 | 88,019 | ||||
| Aggregate capital 8 reserves |
(23,108) | (25,116) | ||||
| Profitl(loss) for the year | 2,008 | (4,462) |