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|||Note|Unrestricted|Restricted|Endowment|2022|2021|
|---|---|---|---|---|---|---|---|
||||funds
f|funds|fund|Total
f.|Total
g|
|Income and endowments|from:|||||||
|Donations
and legacies|||81,904|32,814||114,718|109,832|
|Other trading activities||||7,986||7,986|8,030|
|investments
th interest receivable|||1,635|21,715||23,350|23,684|
|Charitable
activities:||||||||
|Conservation
activities||7|83,675|5,621||89,296|61,770|
|Education activities||8|521|||521|2,005|
|Membership
subscriptions||9|54,425|||54,425|56,810|
|Primary purpose trading||10|15,409|15,656||31,065|14,384|
|Total income|||237569|83792||321 361|276515|
|Expenditure
on:||||||||
|Raising funds||||8,588||8,588|7,865|
|Charitable
activities:||||||||
|Conservation
activities||7|83,073|16,332||99,405|219,708|
|Education activities||8|3,601|1,361||4,962|6,500|
|Membership||9|41,924|||41,924|24,679|
|Primary
purpose trading||10|13,517|1,179||14,696|6,616|
|Total expenditure|||~14
115|274||169575|265 368|
|Net iacome (expenditure)|before||95,454|56,332||151,786|11,147|
|investment
gains||||||||
|Net gains on investments||15||20474||20474|31626|
|Net income before transfers||12|95,454|76,806||172,260|42,773|
|Transfers
between funds||22|(63,585)|63,335|250|||
|Net Movement
in Funds|||31,869|140,141|250|172,260|42,773|
|Total Funds brought forward|||807,762|1,532,782|590,630|2,931,174|2,888,401|
|Total Funds carried forward||19|839,631|1,672,923|590,880|3,103,434|2,931,174|
##
##
||||||||Note|2022||2021|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Total||Total|
|Cash flows from operatiag||||activities|||||||
|Net cash (used in)/generated||||by operating||activities|24||173,474|(34,932)|
|Cash flows from investing|||activities||||||||
|Dividends,|interest and rent||from investments||||24|23,350||23,684|
|Purchase|ofproperty,
plant||and equipment||||14|(24,083)||(171,102)|
|Proceeds|from the disposal||oflisted investments||||15|58,796||140,162|
|Giftofunlisted
investments|||||||15|(250)|||
|Purchase|oflisted investments||||||15|(65,097)||(136,657)|
|Net cash|used in investiag||activities||||||(7,284)|(143,913)|
|Change in cash and cash||equivalents|||in|the|||||
|reporting|period||||||||166,190|(178,845)|
|Cash and|cash equivalents|at||the beginning||ofthe|25||||
|reporting|period||||||||633,692|812,537|
|Cash and|cash equivalents|||at the ead|of|the|25||||
|reporting|period||||||||799,882|633,692|
##
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##
##
##
||||||||2022|||2021|
|---|---|---|---|---|---|---|---|---|---|---|
||||Uarestricted|||Restricted|Total|Unrestricted|Restricted|Total|
|||||fundsf||fundsf|funds|fundsf|fundsf|fundsf|
|Donations||||3,999||27,814|31,813|7,515|26,187|33,702|
|Legacies||||77|905|5000|82905|76 130||76 130|
|||||81|904|32814|114718|83645|26 187|109832|
|4.
Other|tradiag||activities||||||||
||||||||2022|||2021|
||||Unrestricted|||Restricted|Total|Uarestricted|Restricted|Total|
|||||fundsf||fuads
f.|funds
f|funds
f|funds|funds|
|Locomotive|support||||||||||
|clubs||||||7986|7986||8030|8030|
|5.
Investmeats||di|interest|receivable|||||||
||||||||2022|||2021|
|||||Uarestricted||Restricted|Total|Uarestricted|Restricted|Total|
||||||fundsf|fundsf|funds|fuadsf|fundsf|fuadsf|
|UK quoted|investments|||||13,690|13,690||13,019|13,019|
|UK unquoted
investments|||||1,549|7,992|9,541||8,014|8,014|
|Bank interest|||||86|33|119|2429|222|2651|
||||||1 635|21715|23350|2429|21255|23684|
|6.
Expenditure||on raising||funds|||||||
||||||||2022|||2021|
|||||Uarestricted||Restricted|Total|Uarestricted|Restricted|Total|
||||||funds|funds|funds|funds|funds|fuada|
|Expenditure|||||||||||
|Locomotive|support||clubs|||2,742|2,742||2,362|2,362|
|Marketing||||||431|431|285||285|
|Investment|management||||||||||
|charges||||||5,415|5,415||5,185|5,185|
|Support costs (note|||11)|||||33||33|
|||||||8588|8 588|318|7 547|7865|
##
##
##
|||||2022|||2021|
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||funds|fuads|funds|funds|funds|funds|
||||g|g||8||
|Income||||||||
|Locomotive|Jt rolling|||||||
|stock hire fees
Premises licence fee||82,675
~100|5,621|88,296
I 000|58,770
~100|2,000|60,770
I 000|
|||83675|5621|89296|59770|2000|61770|
|Expenditwe||||||||
|Maintenance|&operation|22,348|2,100|24,448|72,635|16,638|89,273|
|Restoration|costs||6,364|6,364||35,499|35,499|
|Grant paid||3,168||3,168||||
|Insurance||13,239||13,239|15,592||15,592|
|Equipment|&.storage|1,100||1,100|1,100|198|1,298|
|Depreciation||32,068|7,868|39,936|53,720|7,868|61,588|
|Support costs (note 11)||11 150|||||16458|
|||83073|16332|99405|159505|60203|219708|
|Net income/(expenditure)||602|~IO 711|~10 109|99735|~58 203|~157938|
##
|8. Educati|on|activities||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||2022||||2021|
||||Uarestricted|Restricted|Total|Unrestricted|Restricted||Total|
||||fuads|funds|funds|funds||funds|funds|
||||8|8|8|8|||g|
|Income||||||||||
|Museum
entry||fees|521
521||521
521|2005
~205|||2005
2005|
|Expenditure||||||||||
|Equipment|dt|storage|500|272|772|2,000||325|2,325|
|Subscriptions||dt donations||208|208|||146|146|
|Depreciation
Support costs||(note 11)|2,618|881|3,499
~4
4rr2|2,618
531
~9||880
I 351|3,498|
|Net expenditwe|||3080|||3 144|~135||~5|
##
##
##
||||||2022|||2021|
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||||fuads|funds|funds|funds|funds|funds|
||||||g|g||g|
|Income|||||||||
|Membership|fees||54425||54 425|56810||56810|
||||54425||54 425|56810||56810|
|Expenditure|||||||||
|Joint Line publishing|||20,491||20,491|16,793||16,793|
|Administration|||15,806||15,806|5,340||5,340|
|Support costs|(note|11)|5 627||5627|2 546||2546|
||||41 924||41 924|24679||24679|
|Net income|||12501||12501|32 131||32 131|
|10. Primary|purpose trading||||||||
||||||2022|||2021|
||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||||fuads
g|fundsf|funds
g|funds
K|funds
g|funds|
|Income|||||||||
|Shop k.publishing||sales|15409|15656|31065|8 107|6277|14384|
||||15409|15656|31065|8 107|6277|14384|
|Expenditure|||||||||
|Cost ofgoods|sold||11,422|1,179|12,601|4,296|1,187|5,483|
|Equipment 4,storage||||||359||359|
|Depreciation|||281||281|214||214|
|Support costs|(note|11)|I 814||I 814|560||560|
||||13517|I 179|14696|5429|I 187|6616|
|Net income|||I 892|14477|16369|2678|5090|7768|
##
##
##
##
##
##
##
##
|14.Tangible Fixed Assets||||||||
|---|---|---|---|---|---|---|---|
||0 Jt
'C g|4 0
0 '
g 00"|se 0|'0
Q
0 0|0|- TI
CI 0
0es+|Total|
||V||||g|||
||g|g|||g|g||
|Cost at start ofyear|627,117|486,470|1,113,587|520,403|48,582|568,985|1,682,572|
|Additions
in year||24,083|24,083||||24,083|
|Disposals during year||~143 101|~143 101||||~143 101|
|Cost at end ofyear|627,117|367,452|994,569|520,403|48,582|568,985|1,563,554|
|Depreciation
at start ofyear|300,000|281,137|581,137|135,403|35,298|170,701|751,838|
|Charge for year||31,078|31,078|10,922|2,183|13,105|44,183|
|Disposals during year||~143 101|~143 101||||~143 101|
|Depreciation
at end ofyear|300,000|169,114|469,114|146,325|37,481|183,806|652,920|
|Net book value at end ofyear|327,117|198,338|525,455|374,078|11,101|385,179|910,634|
|Net book value at start ofyear|327,117|205,333|532,450|385,000|13,284|398,284|930,734|
##
##
##
|15.Investments||||||
|---|---|---|---|---|---|
||||2022||2021|
||||||8|
|Shares in North Norfolk Railway PLC|||263 763|||
|Total Shares in Associate|at cost|||263 763|263 513|
|North Norfolk Railway PLC Bond Issue 4|||30,000||30,000|
|Midland
4fk Great Northern|Heritage|Limited|1,000||1,000|
|Zenzic Loan Note|||100000||100000|
|Total Unquoted
Investments
at cost||||131000|131000|
|Cazenove Charity NURS|Fund||316,855||313,686|
|Prudential
Assurance
and|LGT Vestra Fund||533 128||319403|
|Total quoted investments|at fair value|||849983|833089|
|Total investments
at cost|or fair value|||1 244 746|1 227 012|
|Movement
in quoted fixed asset investments:||||2022|2021|
|||||8|8|
|Fair value at beginning ofthe year||||818,607|790,486|
|Additions
at cost||||65,097|136,657|
|Disposal proceeds||||(58,796)|(140,162)|
|Realised gains (losses)||||2,691|(794)|
|Disposals at opening fair|value|||(56,105)|(140,956)|
|Net unrealised
investment|gains|||17783|32420|
|Fair value at end ofthe year||||845,382|818,607|
|Cash held by investment
managers||for re-investment||4,601|14,482|
|Total quoted investments|at fair value|||~84998|~83 0 9|
##
##
##
##
##
##
##
|17. Debtors|||||
|---|---|---|---|---|
||||2022|2021f|
|Trade debtors||||106|
|Prepayments|and accrued|income|18,991|91,427|
|Other debtors|||78,404|1,371|
||||97395|92904|
|18. Creditors: Amounts||falling due within one year|||
||||2022|2021|
|||||8|
|Trade Creditors|||4,165|5,809|
|Amounts
owed to group and associated undertakings|||802|802|
|Accruals and|deferred income||4,853|3,058|
|Taxation and|social security||4,155||
||||13975|9669|
##
|Statement ofFunds—|Statement ofFunds—|Balance at|||||Balance|
|---|---|---|---|---|---|---|---|
|Current year||beginniag|||Iavestment||at ead of|
|||ofyearf|Income
f|Expenditure|Gaias
f|Traasfersf|yearf|
|General Fund||291,051|154,894|(95,750)||(69,380)|280,815|
|Designated
Funds||||||||
|Note 20||516,711|82,675|(46,365)||5,795|558,816|
|Total Unrestricted|Funds|807,762|237,569|(142,115)||(63,585)|839,631|
|Total Restricted Funds||||||||
|Note 21||1,532,782|83,792|(27,460)|20,474|63,335|1,672,923|
|Total Endowment|Funds|||||||
|Note 22||590,630||||250|590,880|
|||2931 174|321361|~169575|20474||3 103434|
|Statement ofFuads-||Balaace at|||||Balance|
|Prior year||beginning of|||Iavestment||at end of|
|||yearf|Income
f|Expeaditure|Gains
f|Transfersf|yearf|
|General Fund||321,248|153,996|(83,943)||(100,250)|291,051|
|Designated
Funds—||||||||
|Note 20||595,718|58,770|(111,137)||(26,640)|516,711|
|Total Unrestricted||916,966|212,766|(195,080)||(126,890)|807,762|
|Funds||||||||
|Total Restricted Funds||||||||
|Note 21 —As Restated||1,541,055|63,749|(70,288)|31,626|(33,360)|1,532,782|
|Total Endowment|Funds|||||||
|Note 22||430,380||||160,250|590,630|
|||2 888 401|276 515|~265 368|31626||2931 174|
##
##
##
##
##
|NOTES TOT
21. Restricted|HE FINA
Fuads|NCIAL STATE|MENTS F|OR THE YEA|R ENDED 31J|ANUARY 2|022 continued|
|---|---|---|---|---|---|---|---|
|Current year||Balance at||||||
|||beginning|||Iavestment||Balaace at|
|||ofyearf|Income
f,|Expendituref|Gainsf|Traasfersf|end ofyearf|
|Loco Club (all|locos)|70,244|14,615|(110)||(5,795)|78,954|
|J15||5,25$|4,239|(1,408)|||8,089|
|B12||5,182|3,791|(1,224)|||7,749|
|B12Overhaul|Appeal||6,269|(431)||44,130|49,968|
|WD||3,170|1,795||||4,965|
|Wissington||2,874|510||||3,384|
|Ring Haw||125|250||||375|
|Steam Loco Legacy||1,070,622|21,708|(5,416)|20,474||1,107,388|
|31 Fund (Class|31)|802|444||||1,246|
|Diesel Club||4,202|1,490||||5,692|
|Heritage Coach Fund||10,480|26,121|(9,600)||25,000|52,001|
|Quad Art Set||2,467|125||||2,592|
|Museum||37,791|1,980|(523)|||39,248|
|Museum
Improvements||20,910||(880)|||20,030|
|Holt Development||4,509|455||||4,964|
|Carriage Sheds||291,078||(7,868)|||283,210|
|Society Grants||3 668|||||3068|
|||I 532 782|83792|~27 460|20474|63 335|I 672923|
|Prior year||Balance at||||||
|||beginniag|||Investment||Balance at|
|||ofyearf|Incomef|Expenditure|Gainsf|Transfersf|end ofyearf|
|Loco Club (all|locos)|81,473|15,731|||(26,960)|70,244|
|J15
B12||5,446
4,940|4,193
3,723|(1,381)
(981)||(3,000)
(2,500)|5,258
5,182|
|WD||4,900|1,170|||(2,900)|3,170|
|Wissington||11,433|510|(9,069)|||2,874|
|Ring Haw|||125||||125|
|Steam Loco Legacy||1,023,437|21,216|(5,657)|31,626||1,070,622|
|31 Fund (Class|31)|3,386|444|(5,028)||2,000|802|
|Diesel Club||2,732|1,470||||4,202|
|Heritage Coach Fund||34,404|14,664|(38,588)|||10,480|
|Quad Art Set||2,467|||||2,467|
|Museum||38,454|173|(836)|||37,791|
|Museum
Improvements||21,790||(880)|||20,910|
|Holt Development||4,179|330||||4,509|
|Carriage Sheds||298,946||(7,868)|||291,078|
|Society Grants||3068|||||3068|
|||I 541 055|63749|~702$8|31626|~33360|I 532782|
##
##
##
##
##
##
|23. Aaalysis ofaet|asse|ts between funds|||||
|---|---|---|---|---|---|---|
|||Designated|General|Restricted|Endowment|Total|
|||Funds
8|Fund
g|Funds
8|Fuad|Fundsf|
|Tangible fixed assets||219,255|61,022|303,240|327,117|910,634|
|Investments|||31,000|949,983|263,763|1,244,746|
|Net Current Assets||339,561|188,793|419,700||948,054|
|||558816|280815|1 672923|590880|3 103434|
|Prior year||Designated|General|Restricted|Eadowment|Total|
|||Funds|Fuad|Funds|Fund|Funds|
|||g|||||
|Tangible fixed assets||228,251|63,378|311,988|327,117|930,734|
|Investments|||31,000|933,089|263,513|1,227,602|
|Net Current Assets||288,460|196,673|287,705||772,838|
|||51 711|291 051|1 532 782|590630|2931 174|
|24. Reconciliation|ofnet income to net cash Sow from|||operating
activities|||
||||||2022|2021|
|Net income for the year (as per the statement|||of||||
|financial activities)|||||172,260|42,773|
|Depreciation
charges|||||44,183|65,903|
|Gains on investments|||||(20,474)|(31,626)|
|Dividends,
interest and rent from investments|||||(23,350)|(23,684)|
|(Increase)/decrease|in stocks||||1,040|(11,952)|
|Increase in debtors|||||(4,491)|(78,459)|
|Increase in creditors|||||4,306|2,113|
||||||173474|34932|
|25. Analysis ofcash and cash equivalents|||||||
||||||2022f|2021
8|
|Cash at bank and in|hand||||795,281|619,210|
|Cash held by investment||managers
for re-investment|||4,601|14,482|
||||||799882|633692|
##
##
##
##
##
##
##
|||2022f|2021
g|
|---|---|---|---|
|Not later than
1 year||9,100|9,100|
|Later than|1 year and not later than 5years|17,550|26,650|
|Later than|5years||100|
|||26650|35850|
##
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