REGISTERED COMPANY NUMBER: 033744Y25 (En8laThl and Waltt) REGISTERED CHARITY NUMBER: 1065632 REPORT OF THE TRUSTEES AND UNAUDITED HNANCIAL STATEMENT5 FOR THE YEAR ENDED 31 DECEMBER 2023 FOR BARROW HILL ENGINE SHED SOCIEtY LIMITED Hewitt Card Llrnlted Charterexj Certlfied Accountants 70.72 Nottlngharn R(xd Mansfield Nottln8hamshire NG18 IBN
BARROW HILL ENGINE SHED SOCIETY LIMITED CONTENTS OF THE FINANCIAL STATEMENTS lor the year ended 31 December 2023 of the Truth I to 3 l*ndent Eyamlner'i R¢port Statsm•nt ot ne Actlvld Balmce She Noto• to the Flnandal Stalemmts 7 to 14 Detalled Statemt ol n¢111 Acilvhl 15
BARROW HILL ENGINE SHED SOCIEfY LIMrrED REPORT OF THE IIEusfEES for the ended 31 December 2023 The trust who are also direLtor5 of the chartrty for the put$e$ of the Companles Act 20061 present their report wlth the financlal ststsrnents of the charlty for Ihe year ended 31 December 2023. The trustts have l(tal th provlsffions of Acccuntln8 and Reporting by Charlties: Statement of Recommended Practlce applicable to charftie5 preparin8 their accounts In accordance wlth the Flnanclal Reportln8 Standard applicable in the UK arKI Republlc of Ireland IFRS 102) leffectlve I January 2019). 08JEcfivE5 AND AcnviTIES Objavu aThl alrni The company's oblectlve, for whidi the charlty wa5 eslablished, Is to preseive the locomotlve englne Sh at BamMI Hlll. Staveley, whlch Is Brltain's only suNlvln8 operational roundhous& A roundhouse Is an en8lne shed kturln8 a ntrnI lumtabl4 whlch Is used to tum I)MOVe5 and to 8ive access to numeroug Stora8e tracks wlthln the bulldin& The 51te Is operated as a museum and also provldes locomotlve stord8e and repalr and malntenance facllltles to c(Jmmerclal operatorn Bafftbw Hlll Llmlted Is a 100% ownul tradln8 Jubsldlary of BarTr)w Hlll Englne Shed Soclety Llmitul, and provldes funds for the parent by 81ft ald. All tradlns actjvltles are undertaken by Barrow Hlll LlmlteAI, wlth the dwrlty belnB re5ponslble for the major tOratIOn and enhanrnent of the slte and buildln85. rubllc beMIIt The charlty carrle5 OLrt Its actlvltie5 in order to brlng ber*fit to the Beneral publiG It brln85 real historlLzl and educatlonal value as It alms to educAte the publlc about the hlstory of the slte In varlous wayi. Te Is now a contrnrt In place wilh Comrnunlty Growth who now play a large part in arrangln8 sch(x)I vlsits and famlly events, alon8slde the M¢fjeum and ColleLtlons department M4thlch Jts8eg publlc dlsplays arml exhlbltlons. Barrow Hlll Is an Accredited Museum, reeo8nlged as such by Arts &uncll En8larKI under thelr Accreditatlon 5theme for mweumi. The slte Is t)pen to the publlc each weekernl from March to D?rnber. A wnall admlsllion thar8e was IntrOded durln8 2017. The trustee5 confirm that they hwe cornpllul wlth the requirements of tIon 4 of the Charllles Art 2011 to have due rewd to the publlc berfit guidance publlshed by the Charity Commlsslon for En8land and Wale5. Page 1
BARROW HILL ENGINE SHED SOCIETY LIMITED REPORT OF THE TRUSTE tor the year ended 31 December 2023 ACHIEVFMENT AND PERFOKMANCE Charltable activili This year, 2023 has been very s(K$fUl and there have been a number of athlevements. It been a great year wlth sl8nificant pro8& ihanks to the hard wodt of our team membets and volunteers. We are Incredibly pleased to see that the slte and the finances were In an Immaculate state thanks to the fantastlc efforts of Barrow Hlll Llmlted In the form of Bob Bur8es5 and Mewn Allcock. We had the Annual Genernl Me[n8 on 17 October 2023 and l am grateful to Matyn Brallsford for Chalrln8 the medlns In my absenc& The AGM wefved the flnanclal statements for the year eIed 31st December 2022, includln8 the Trustees Reports and the reports of the Independent Examlner. A representatlve of Hewltt ca the Company's Accounlants, Judlth Hlllt pve a report on the Accounts. ReseNa had reduced over the yw, but ihls was mainly du2 to depreclatlon of assets. whlch Is mandatory In the acmunts. Cash had also reduced but thls was due to sperKI on projects such as 41708 aweed prevlously by the Members. There were no questlons from any Members. The Accounts were unanlmously approved. We malntaln our thng financlal p051tlon thanks to the excellent efforts of our commerclal arni Barrow Hlll Llmlted a1 the Increasln8 Irrne fmm the Shop and Cafe and events such as Rall Ale. Trustees retlrlng by rotatlon were Rolrt Bur8ess and Robln Oxborough and they Indlcated thelr wl111n$S to be wpolnted. The mernE votsd unanlmously to reappolnt Robert Burgess and Robln Oxborov8h. The membershlp sltuatlon Is very healthyi up 2 from last year and now at 347 memlxrn Thls level of membershlp Is slmllar to the fl8urei In 2018 and 2019 IprtrCOVID), albelt more famlly and less concesslon rnembershlps. We here rfrcontlmi our malor 2 prlorltles. the r&thamlnB of 41708 and the rxreatlon of the coallng stage wlth a SCIen, Technolo8y• Englneering and Mathematlu ISTEM) focw. Meryyn AIILY)ck advised that Graham Mlmms has agreed to be thvner£ Re He ha5 30 years, experlence of the loco, belns one of Its ori8inal owners. The loco will be us1 at the Roundhouse and It may be sent to rtaln selecml rallways on h1. The locomotlve wlll also be a 51gnificant mark*inWPR t1 for Barrow Hlll. On 23 ¢)ctcber 2023 the full plannlng appllcatlon for the ernctton of a raIrelated research developrnen¢ Innovaticn and tralnlng centre was submlttad to Chesteffield Borou8h Councll who a the lead plannlnB avtPKxity. Thls Is the ne)rt imFX)rtant and formal step In maklng the Dth5hlre Rall Industry Innovatlon Vehlcle {DRIIVe) a reallty. Thls Is a key componeni of the Trusteeg stratew to mAke the Roundhouse guitalnable In the lon8 term. The comThrclal slde of the buslness contlnues to make eat strld• forward, worklnu as outllned In the bu$lness plam for the future, at the same tlme keepln8 revenue protecbj whlch, In tum, kws the whole of Barrow Hlll and the Roundhouse safe. Overall net expendtthre for 2023 totalled £2n,314 includlng depreclatlon charye of £104,620 and the annual bri malntenance1£5,0(Ki). rdll net income for 2023 amounted to £157,803. The prlnclpal non-NLHF element cornprljed donallons from Barrow Hlll Ltd (£137.9831, W Income (£2,500), membership sub5crlptton5 and donations 10,125>. The soclety has rece1¥ notificatlon from Barrow Hlll Ltd that It Is transferrlng £20,990 after the year end lo the goclety. FINANaAL REVIEW Flnanclal pOtIon The reseNes pollcy of the Councll of Managementls to maxlmlse Income so as to pmvlde reserves for further development and Tefu1thrnent of the 51te and to enable major PaIrS to be carried out. Closlng SeNe5 of £668.799 are sufficient for thls purpoie. Rel•r poncy The Charitls rnserves pollcy Is to attempt to ensure that there are sufflclent fundi avallable to meet the antldwted &wenditure rpqulrement5 for a mlnlmum perlod of12 months. STRucfuR4 GOVERNANCE AND MANAGEMENT Governing docyrnent The charity is a charttable company Ilmlted by wantee and It Incorpordted on 21 May 1997. The oympany w establlshed under a MeMOralum and article5 of Association. Recrullment arnl •polnlmenl of new Ini New trwtees are elther elected by the Councll of Management at a Trustee5' Meetlng or thry a electuj at the Annual General Meet1 Addltlonal Trn5tees may be COllOPt&l durlng the year lry the Coundl of Management subject to their rleCtIOn at the Annual General Meetl Page 2
BARROW HILL ENGINE SHED SOCIEfY LIMITED REPORT OF THE TRUSTEES for the year ended 31 December 2023 STRUCTURI GOVERNANCE AND MANAGEMENT I1lIOn arnl tralnlry ol new trusle New Trustees are inducted at thelr Councll of Management meetln8 when the opeRtl¢x• of the ChaTJty Is explained to them. They are also 8lven coples of the mlnutes of prevlDUS meetings and relevant Charlty Commisslon publlGltlon$. New TN5tses are famlllar with the annual accounts as they are requlred to be member5 of the Charlty Wh ttRy are appointd and whllst tly seNe on the Councll of Mana8ennÉ REFERENCE AND ADMINISTrATIVE DEfAILS red Company nunther 03374025 IEn8land and Walu) 1065632 Barrow Hlll Roundhouse Rallway Centri Campbell Drlve Barrow Hill 5tavel8y Derby5hlre $43 2PR P Beardsley Retlred M Brallsfofd Rallway Duty ojrrtroller S Crawley Rellred R D Ojdjorouth Food Manuf&rturer Profe55or A M Roblngon Professor R A Burgeji Dlrector M J Allcod( Exarnlner HewFtt Card Llmlte Chartered Certlfied Accountants T72 Nottln8ham Road Mansfleld Nott]n8ham5hlre NG18 IBN Approved by order of the board of tru5tee5 On .... . and s18ned on Its behalf by: R A Bur8ess- Trustee Page 3
INDEPENDENT EXAMINERIS REPORT TO THE TRUSTEES OF BARROW HILL ENGINE SHED SOCIEfY LIMITED Independent examinerfi roport to the trwtees of Barrow Hlll Ewlne Sodety Umlted (Yhe Companvj I report to the charty tnlltees on my examlnatlon of the acrounts of the Company for the year eIed 31 Dember 2023. RelmIbIlItI and bwli ot report As the charity'5 trustees of the Company land also its dIrectO for the purposes of company law) you are responsible for the preparatlon of the accounts in accordance wlth ihe requirernts of the Companies Ad 2006 ('the 2006 Acl,). Havlng satlsfieAI Myself that the accounts of the Company are required to be audFt&l under Part 16 of the 2006 Att and are ellglble for independent examlnatlon. I report in resped of my examlnion of your tharlty's accounts a5 carrled out under SKtlon 145 of the Charllles Act 2011 lhe 2011 Act,). In CAryin8 out rny examlnatlon I have followed the Directlons 8lven by the Charfty Commlsslon under Sectlon 145(51 (bl of the 2011 A(1. IndependDnt examlnv'i knent I have cnmpltsi my examlnation. I conflmi that no matters have (x>me to my attEntlon In conne(tlon wlth the examinatlon Ivln8 me Cau to belleve: accounting reco1 were not kept In respttt of the Company as requlred Seclton 386 of the 2006 A¢ or the accounts do not acco wlth those records; or the accounts do not comply wlth the accountln8 requlrements of Sectlon 396 of the 21x16 Act other than any requlrement that ihe accounts glve a true and falr vlew whlch 15 not a matter consldered as part of an Independent examlnatlon: or the accounts have not been prepared In accordance wlth the metho(14 and prlnclples of the Statement of Recommended Praclice for accountln8 and rertIng by charltles (appllcable to charliles preparlng thelr accounts In Accordan wfth the Flnanclal Reportln8 Standard appllcable In the UK and Republlc of Ireland (FRS 102)). I have no concems and have come acr06s no other matters In connectlon wlth the examlnatlon to whlch attentlon should be drawn in thls report In order to enable a proper understandln8 of the accounts to be reach. oknlIH- Hewitt Card Chartered Certjfled Accountants Hewltt Card Llmlted CharteTd Certlfted Acrountants 72 Nottln8ham Road Mansfleld Nottlnghamshlre NG18 IBN .Oalo.qJ.6o&* Page 4
BARROW HILL ENGINE SHED 50CIEfY LIMITED STATEMEN[ OF RNANCIAL ACTIVITIES for the year thded 31 December 2023 31.1223 Total 31.12.22 Total funds Unrestricted Restricted funds funds INCOME AND ENDOWMENTS FROM DOrtIonS and Iwie5 148,1 2,500 150,608 94,915 Inve51ment income 7,195 7,195 3,482 155,303 200 157003 98,397 EXPENDITURE ON Chartlabl• xtmtl Actlvltles undertaken directly Depfeclatlon and other slrnllar cojts Governan costs 160,n2 3,B41 72,931 164,563 104,620 3.131 149,260 108.113 2,999 3,131 Total 193,542 76,7n I314 260,372 NET INCOMW(EXPENDITUR (40,239) (74An) (1143111 (161.9751 RECONCILIATION OF FUNDS Totsl funds brou8ht forward 460,279 323,031 783,310 945,285 TOTAL FUNDS CARRIED FORWARD 420040 248 759 668,799 783,310 The note5 fonn part of these financial statements Page 5
BARROW HILL ENGINE SHED SOCIETY LIMITED BALANCE SHEET 31 Decenther 2023 31.12.23 Total funlb 31.12.22 Total funds UnrEstricted Restricted funds funds FIXED ASSErs Tangib assets Invastments 10 1B7A42 247,940 435,3B2 482.619 7B7.443 247,940 435J83 482,620 CURRENT Debtors Cash at bank 12 1,362 254539 1,362 259,358 3,137 322,584 119 259,901 819 260,T20 325,721 CREDITORS Amounts fallln8 due wlthln one year 13 (27J04) 97,304) 5,0311 NET aJRRENT A55Ers 2JI597 819 233016 300,6 TOTAL ASSETS LESS CURRENf LIABILITI 420J140 2K759 668,799 783,310 NET A55Ers 420,040 240,759 668,799 783,310 FUNDS Unrestrlcted fundj R*l(tsl fvTrJs 14 420WO 460,279 323,031 TOTAL FUND5 664799 783,310 The charltable company15 entltled to exemptl(m from audit under Sectlon 477 of Companle5 Act 21J06 for the year ended 31 December 2023. The members have not requlred ihe company to obtaln an audit of its flnanclal statements for the year ended 31 December 2023 In accordance wlth Sectlon 476 of the Companles Act 2006. The trustees Acknowled8e thelr responslbllltles lor en5urlng that the charltable company ke8ps accounllng records that comply wlth Sectlons 386 and 387 of the Compan185 Act 2006 and preparln8 flnandal statements whldi give a true and fair vlew of the state of affalr5 of the charftable company as at ihe end of each financlal year and of Its surplus or defldt for each financlal year In acconlance wlth the requlrements ot Sectlon5 394 and 395 and whlch otherwlse comply wlth the requlraments of the Companles Att 2006 relatin8 to financlal statements, go far as appll(Able to the charltable ajmpany. Ib) These flnanclal slatements hava been preparal In accordance wlth the provljlons appllcable to charltable companle5 subJeLt to small companles re8irne. The flnanciai statements were aPPrd by the Board of Truste85 authori5&1 for Issue on 51gned on Its behalf by.. R A BurgeM- Trustee The notes fonn part of these flnanclal statements Page 6
BARROW HILL ENGINE SHED SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2023 CHARITY STATUS The charltyls a charfty Ilmlted by guarantee and conwuently does not have share capital. Each of the trusiEes 15 liable to contrlbute an amount not exceedlng £5 towards the &sets of the charity in the event of Ilquldatlon ACCOUNTING POUCIES h of pr•parfry thè ffnwKlal thtem The financlal statements of the charltable company• whldi Is a publlc befit entlty under FRS 102, been prepared In acts)rdante wlth the Charltles SORP (FR5 102) 'Accountlng and Reportln8 by Charities: 51atement of Recommended Practl(x appllcAble to charltles preparfng thelr accounts In accordance wlth the Flnanclal Reportln8 5tsndard applicable In the UK a1 Republlc of Ireland IFRS 102) (eff1Ve l January 2019),, Flnanclal Reportln8 Standard 102 'The Flnanclal Reportlng Standard appllcable In tr UK and Republlc of Ireland, and the Companles Act 2006. The ftnanclal statements have been prepared under the hlstorlcal cost tonventlon. wlth the exceoion of inve5tsnents whlch are includ&1 at market value. Flnandal reportlry andard 102- reduced dIK1re exemptl The tharltable company has taken advanta8e of the followin8 dlgclosure exemptlon In preparing these flnanclal statements, as pennlited by FRS 102 'The Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland,: the wulrnments of Seetlon 7 Statement of Cash Flowi. All Income Is Teco8nlsed In the Statement of Flnanclal Actlvltles once the charfty enyitlement to the lunds, 11 Is probable th the Income will be recelved and the amount can be mea5UTuI rellably. Don0 aTh4 le8acl Donatlons are reco8nlsed when the charlty hag recelves them. In the event that a donatlon15 subject to condttlon$ thal rqulre a level of performance by the charity befoR the charlty ij entltled to the funds, the Income ig deferred and not re£cgnlsed untll elther those condltlons are fully me¢ or the fulfllment of those conditlons IJ wholly withln the control of the charlty and It 1$ probable that these condltlons wlll be fulfilld In the worting perlod. Grants recdvable Grnnts are recogn11 when the charfty has an entitlement to the funds and any conditions Ilnkd to the grants have been met. wre KrfomiAnce condltlons are allach to the 8rnM and are fv to be mel the Income Is rKo8nlsed Ilablllty and Included on the balance theet deferred In(x)me to be released. Invertment Income Investment Income Is recognlsed on r reLtlvable basls. All expendlture Is recognlsed On there Is a lepl or constructl¥ (A)IIWlon commlttlng the charfty to that expendItU It15 probable th* settlement is requlrnl and the amount can be rnea5ureA rellably. All costs are all¢xat&l to the appllcable expendlture headlng that a88re8ate slmilar cost5 kn that cat@80ry. Where cosfs cannot be dlrethly attrlbuted to p0Cular headln85 therf have been allocated on a basls conslstent wlth the use of resources, with centrnl staff costs all(teA1 on the basls of time 5penL and depreclatlon dw8es allocated on the portlon of the asset's use. Other sUWOrt alst5 are allorAted Iwed on the spmd of aff costs. awltable Charllable werKllture comprlsei tknse costs Incurrgj by the charlty In the deifvery of Its actfvlues and serylces for Its beneficiarie5, It Inclth both costs that can be allocated dlre£tly to 5uth actlvitie5 and those (xxts of an Indlrect nature necessary to support them. support co Support cosrs Include central function5 and have been allated to activlty c05t categorles on a basls con51stent wlth the use of re50urcei. These Include the costs attrlbutsble to the charlty'8 compllance wlth constltutlonal and statutory requirements, Incl11 a11( slrateglc manawnt and trusttts meetlng5 and relmbur5eAI expenstt. TanBible fixed ame Depreclallon Is provlded at the followiw annual rates In oT to wrfte off each asset over Its e5tlmat&l useful life. Pa8e 7 continued...
BARROW HILL ENGINE SHED SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS- contiwed for the y6ir ended 31 December 2023 ACCOUKflNG POLICIES . contlrthd TanBlble flxed amets Freehold propety Plant arnl machinery Flxtures and flttln 25% on c05t and 10% on cost 33.3% on cost and 10% on cost 25% on cost Indlvldual fix1 assets costlng £51)) or more are Inltlalty recorded at cosL less any subsequent aLmulated depreclation and subsequent accumulated impalmnt lo5. The drIty Is exempt from Lvrporatlon tsx on Its charftable actlvllles. F1 accountlng Unrestrlithd funds can be uied In accordance wth the charltable obJedlves at the diKretlon of the trustees. Restrlctsl funds can only be used for partlcular Rjtrjcted purpoues wlthln the objects of the charlty. Restr[cll¢y ariji when speclfled by the donor or when (unds ralsed for p3rt1cular restrfcted purposes. Further explanatlon of the nature and purPe of each fund Is Included In the notes to the flnandal statements. Hlre purdbue and leadn8 commhments Rentals pald under operatlns leaM are charyd to the Statement of Flnanclal Actlvltles on a stral8ht line baglj ovar the perlod of the lease. DONATIONS AND LEGACIES 31.12.23 31.12.22 Donaticns Grants 148,10ft 2JOO 92,755 2,160 150,608 94,915 Grants recelved, Included In the above, are as follo.. 31.12J3 31.12.22 llcestershire County Council 2JilO 2,160 INVBTMENT INCOME 31.1123 31.12.22 Deposlt accounl Interest 7,195 3,482 Page 8 continued...
BARROW HILL ENGINE SHED SOCIEIY LIMITED NOTES TO THE FINANCIAL sfATEMEKfs - contInd for the year ended 31 Dec•nber 2023 CHARITABLE AcllviTIES COST5 Support COSts15ee note 6) Direct Costs Totals Athltle5 undertsken directly Depreclatlon and t)ther simllar costs Governance costs 164,563 104,f•20 3,131 3,131 269,183 3,131 272,314 SUPPORT COSTS Governance costs Governance cosls 3,131 NET INCOMW(EXPENDITURE) Net Incom(eXPendIIUrn) li stated after chargIn(credItIn*. 31.12a3 31.12.22 Depreclatlon - owned agsets Other operatlng leases 104619 3,864 108,115 3.552 TRUSTEE5' REMUNERATION AND BENEFITS There were no tru5tees' remuneration or other beneflts lor the y ended 31 Decunber 2023 nor for the year ended 31 December 2022. There were no tnotee$' expenies pald for the year ended 31 December 2023 nor lor the year endul 31 December 2022. COMPARATIVES FOR THE sfATEMENT OF FINANCIAL AcllviTIES Unrestricted Regtricted funds funds Total fvnds INCOME AND ENDOWMENTS FROM Donatlons and lepdei 91755 2,160 94,915 Investment Income 3,482 96237 2,160 98,397 EXPthTDITURE ON Charltable acllvlll Actlvltles undertaken directly Depreciatlon and other slmllar costs Governan costs 152.309 31,585 2,999 13,0491 76,528 149,260 108,113 2,999 186,893 73,479 260,372 NEf INCOMFI(EXPENDITUR (9),6561 In,319) (161,97 Pa8e 9 continued...
BARROW HILL ENGINE SHED SOCIETY LIMITED NOTES TO THE FINANCIAL sfATEMENTS - cortlNd for the year ended 31 December 2023 COMPARATIVES FOR THE STATEMENT OF FINANaAL AcfNITIES. c(wrtlnued Unrestrlcted funds Restricted fund5 Total funds RECONCILIATION OF FUNDS Total fu broughl forward 550,935 394,350 945,285 TOTAL FUNDS CARRIED FORWARD 460,279 323,031 783,310 10. TANGIBLE FIXED ASSErs Fixtures FhOld prowty Plant and machlnery fittin8S Totals COST At l January 2023 Addltlons 1,668J172 365,602 54,92 237.910 1459 271,664 57,382 At 31 December 2023 1,668,072 41005 24069 ¥329,046 DEPRECIATION At 1 January 2023 Charge for year 1,292h95 79,077 283,176 20J37 213,J74 5,205 1,709,045 104619 At 31 December 2023 1J71AT2 303,51J 218J79 1,893,664 NET BOOK VALUE At 31 Dernnber 2023 294500 117,092 11,790 4J5J82 At 31 Denmber 2022 375,577 82,506 24,536 482,619 R•rtAdion on dlle and pledwl u i•curlty Land bulldlngs wlth a carrylng amount of £429,253 ha5 been pld As Jecurlty. A full tltle guarantee charge by way of a le8al mort8a8e has been ralged over the propety a5 part of the Herltage Lottery Fund grant a8re&ment lerms. Thls Is se£urlty over any Ilabllltles or obllwlons that may become due to the charyor. FIXED ASSEf INVWMENTS Shares In group undertaklnss MARXEf VALUE At l January 2023 and 31 DeremLw 2023 BOOK VALUE At 31 December 2023 At 31 December 2022 There were no Investment uets outslde the UK. The companvs investments at the balanLT she8t date In the shave capltal of companle5 InCIle the (ollowinB: Page 10 contlnued...
BARROW HILL ENGINE SHED SOCIEIY LIMtrED NOTES TO THE FINANCIAL STATEMENTS - continued the year ended 31 Decffiiber 2023 FIXED ASSET INVESTMENTS- conllnwd Barrow Hlll Umlled R4isterd offi. United Klnskm Natu of buslness: The operatlon of Barrow Hlll Roundhouse aa55 of Sh. 0Inary holdln8 100 12. DEBTORS: AMOUNTS FALLING DUE WtTHIN ONE YEAR 31.12.23 31.12.22 Amounts owd by grcup undertakln89 VAT Prepaylnents and accn*d Inc¢ 105 1357 105 2,932 ILM) 1,362 3,137 13. CREDITOR& AMOUNTS FALLING DUE WITHIN ONE VE4R 31.12.23 31.12.22 Tre credltorn ACcd expenRs 13A14 13,790 11,581 13,450 27,304 25,031 MOVEMENT IN FUNDS Net movement In funds At 31.12.23 At 1.1.23 Unmlrlcied General fund Deg58nated fund BH Green 421,677 38M2 (37,57B) (2,661) 384,099 35,941 Rertrlct•d fund• Herltage Lottery Fund- Restrlcted Flxed Assets Heritage Lottery Fund Museum Development East mldland5 -Dlsplay Cases LeIcestershl County Councll 460,279 (40,239) 420,040 23,694 284744 (5,923 (64,70a) 17.771 220,036 12033 1160 (2,JWJ (IA41) 10,133 819 323031 (74372) 248.759 TOTAL FUNDS 78310 {114511) Pa8e11 continued...
BARROW HILL ENGINE SHED SOCIETY LIMITED NOTES TO THE FINANCIAL sfAT6MENTS • condnued for the yw ended 31 Df£ember 2023 MOVEMENT IN FUNDS ry con11nl Net movement in funds, Induded in the above are as follows: Incomin8 resources Resources Movement expended in funds Urfft*lcled fun Genernl fund Desl8natsl fund BH Green 155,303 (192081) C2,661) (37AY• (4661) 155,303 ReJtrkt¢d fundi Herltage Lottery FuThl- Restrlcted FIX1 Assets Herlta8e Lottery Fund Museum DthElotxnenl Ealt mldlands -Dl$play Cases Lelcestershlre County Councll (195A4¥ (40,239) (J,92• (64,70• (5,923) (64,70UJ (2,3110) fJ041) C4300) 00 (7477¥ 427¥ TOTAL FUNDS 157,803 (272,J14) Net movement in funds At 31.12.22 At 1.1.22 General fund Des18nated fund BH Gren 509,672 41,263 187,9951 (2,6611 421,677 38,602 550,935 190,656) Rortrtcted Herltage Low FuThJ- Restrlcted FIX1 460,279 29,617 350,0 Heflta8e Lottery Fund Museum Developrnenl East mldlands -Dlsplay Cases Lelcethrshlre County Councll (5,923) 165,256) 23,694 284,744 14,733 (2,300) 2,160 12,433 2,160 394,350 171.319) 323,031 TOTAL FUNDS 945285 1161,975) 783.310 Page 12 continued...
BARROW HIIL ENGINE SHED SOCIFfY LIMnTrD NOTES TO THE FINANCIAL STATEMENT5- ContIed for the year ended 31 Decemljer 2023 MOVEMENT IN FUNDS- coThtlnuod Comparndve net movemenl In funds, included In the above are as follows: Incomlng resource5 Resources Movement expended in fvnds Unr•rtr1Ct fun General fund DesiBnated fund BH Green 96,237 (184,232) (2,(Ail (87.995) (2,661) 96.237 1186.8931 Rel¢t¢d funth Herlta8e Lottery Fund - Rejtrlcted Flxed (90,656) (5,923) 165.256) Herlta8e Lottery Fund Museum Developrnt East midlands -Dlsplay Cases Le1tershlre County Councll (5,9231 (65,256) (2,300) (2,300) 2,160 2,160 2,160 173A79J (71,319) TOTAL FUNDS 98,397 (260,3 (161.9751 A current >tar12 monihs and prlor year 12 monts comblned positlon 1$ as follov•ry: Net movement in funds At 31.12.23 At 1.1.22 General fund Dai8natd (und BH Green 509,672 41,263 (125,573) 15,322) 384,099 35,941 550,935 Rertrlctsl lundi Herlta88 Lottery Fund- Restrlcted FlxeAI Assets Heritsge Lottery Fund Museum Development East mldlands .Dlsplay Cases Leice5tershlre County Councll (130,8951 420.040 29,617 350,000 (11,846) 1129,964) 17,771 220,036 14,733 14,6 819 10,133 819 394,350 (145.5911 248.759 TOTAL FUNDS 945,285 1276,486) 668,799 Page 13 continued...
BARROW HILL ENGINE SHED SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENfs . contlnued for the year ended 31 December 2023 1& MOVEMENT IN FUNDS. contInl A current yw 12 months and prlor yw 12 months comblned net movement In funds, Included In the above are follows: Incomin8 resources Resources Movement experKled In furKIs Unr*ktthl funth General fund De518nated fuThl BH Green 251,540 {3T7,1131 (5,321 1125,5731 15,322) 251,540 (382,435) Reltrlctwl fundi Herita8e Lottery Fund - Restricted Flxed 1130,895) (11,846) 1129.964) 111,846) 1129,9641 Herrta8e Lottery Fund Museum Debtlopment East mldlands -Dl$play CAse.s Lelcestershlre County Councll (4.6001 (3,8411 (4,600) 819 4,660 4,660 (150,2511 1145,591) TOTAL FUNDS 256,2(M) 1532,686) 1276,486) 15. CONTINGBYT LIABIUTIES At the perlod end the company had a conttnynt Ilablllty amountlng to £i,139 (2022 - £13,25n In respeLt of the VAT owed under the Jolnt VAT registraOn wlth Barrow Hill Llmlted. 16. REIATED PARTY DISCLOSURES The charftsble company has taken advantage of exemptlon, under the terms of Financlal Reportlno Standard 102 'The Financlal Reportln8 StaThlard appllcable in the UK and Republic of Ireland,. not to dlsclose related party transacllon$ wlth wholly owned subsldlarles wlthin the 8roup. There wewe no related party transactloni for the year ended 31 December 2023. Pa8e 14
BARROW HILL ENGINE SHED SOCIETY LIMITED DEfAILED STATEMENT OF FINANCIAL ACTIVITIES for the year thded 31 December 2023 31.12.23 31.12.22 INCOME AND ENDOWMENTS Donatloni and lepd Donatlons 141108 2,500 92,755 2,160 150,60 94,915 InlMent Incom• Deposit account Interegt 7,195 3A82 Total InrnIn roAwrLY• 157,803 98,397 EXPENDITURE Chartlable actlvhlel Other operatlng leases Rates and water Insurance Postage and statlonery Repairs and malntenance Trade and professlonal Joumal Trade subscrlptions Projects And events Freehold property Plant and machlnery 3064 320 26,190 3,552 601 22,175 1.415 93,660 3,831 335 23.902 84,063 24,050 84053 406 203 4574 79078 25,542 269,183 257,584 port cts GOrn1ce Cts Accountancy f Legal fees 3,118 13 2,775 13 3,131 2,788 Total resources expended 272,314 260,372 Net expffidltyre (114J11) 1161.975) This page doe5 not fomi part of the statutory flnancial statements Page 15