REGISTERED COMPANY NUMBER: 03374025 ffnBland and Walu) REGISTERED CHARITY NUMBEL. 1065632 REPORT OF THE TRUSTEE5 AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECE4IBER %ll4 BARROW HILL ENGINE SHED soaEfY UMITED Hewltt Card LSmlted Chartered Certlfled Accountants 7(%72 Noftlnthm Ro41 Man5fleld Nottinthamshlre NG18 IBN
BARROW HILL ENGINE SHED SOCIETY LIMITED CONTENTS OF THE FINANCIAL STATEMENT5 for the year ffided 31 Dffember 2024 DI the Truit• 1 to 3 1rthpuK1• Eyamlnerfi R•port statem•nt of FlrwKlal Actfvlll 7 to 14 Dthlled Skntemert of ADcIal Actlvltl 15
BARROW HILL ENGINE SHED LIMrrED REPORT OF THE TRUSTEES for the year ended 31 DeCeMr 2024 The trustees who are also dlrectorn & the charity for the purposes of the Companles Act 20061 present thelr report with the flnancial statements of the tharity for the year ended 31 Decunber 2024. The trustee5 aPted the provlslons of Accountlng and Reportln8 by Charltles: Statement of Rrnend Pradlce appllcable to tharitie5 preparlng thelr Unts In accordan wlth the Flnanclal Reportln8 Standard applicable In the UK and Republlc of Ireland (FRS 1021 leffectlve 1 January 2019).. OBJECTIVES AND AcfiviTIES ObJectlv•• and almi The companvs obJeLtlve, for wthlch the charity was e5tabllshed. IJ to prnserve the ItXomtXi englne shed at Barrow Hill Staveley, whlch Is Brhaln's only survlvlng operatlonal foundhoe. A roundhouse Is an englne shad featurln8 a central tumtable, thlch Is to tum locomotlves and to Wve access to numerous storage tracks wlthln the bulldln8. The slte 15 opernted AS a muum arKI a150 provldw IamOtIve storage and repAlr and ma1ntenan facllllles to commwrlal operators Barrow Hlll Llmitsl Is 4 1 (#)% owned tradlns wbsldFary of Barrow Hlll En8lne Shed Soclety Llmlted, and provkles funds for the parent by glft ald. All trIng actlvltles are undertaken by Barrow Hlll Llmlted, wlth the tharfty belng rwonglble ftjr the major restarntlon and enhancement of the slte and bulldiny. Publk boMIIt The charlty carrf8S Out Its acdvltles In order to brlng benefil to the general publlc. It brln8a real hiilorlGqI and UCatIonal value as It alms to alucate ihe publlc about the hlstory of the In varlous ways. The Is now a contraLt In pla(x wlth mmunty Growth who now play a large part In arrangln8 school vl81ts and famlly events, along51de the Museum and Colle(lons department whkh sw publlc dlsplay4 and exhlbltionj. Barrow Hill 15 an AcclIted Museum, reco8nlsed ai Buch by Arts Councll England under thelr Accd1[aIl0n Scheme for muum& The Jite Is open to the publlc each w•8kernl from March to December. A small admlJ$lon charge wal Introduc1 durln8 2017. The trustw confinn that they have compllal wlth the requlrements of *ction 4 of the Charltl•s Act 2011 to due re8ard to the publlc benefft suldano publlshed by the Charfty Commlsslon for En8land and Wale Page 1
BARROW HILL ENGINE SHED SOCIETY LIMrrED REPORT OF THE TRusfEES for the yar ended 31 December 2024 ACHIEVEMENf AND PHIFORMANCE Ch¥itable actlvltl Thls yw. 2Q24 hab been Suc$ful and there have been a number of achlevements. ft has be a 8reat year wlth significant pro8r855 thanks to the hard work of our team members and volunteers. We are Incredlbly plwed to see that the slte and the finances were In an Immaculate state thanks to the fanlastlc efforts of arrow Hlll Limit& in the form of Bob Buryess and Mervyn Allcock. We had knnual General Meetln8 on 22 OL1ober 2024. The hlgh level of attendan ha5 contlnud. Mernbers wwe thanked for thelr attendanc& Thank you also to the volunteers, the RIndhouse could not run wlthout thelr fanlastlc effoM. The AGM r8c8lved the company's flnanclal Btstements for the year endul 31Bt December 2023, IncI1n8 the Truste Reports and the reports of the lTrlependent Examlner. Judlth Hlll of Hewltt Card, thè company's Accounlantsl 8ave a fijll report on the Accounts. The members provlded great support by questionlng varlou5 a$FCts of the accounts, such a&. Whatls the Incotne from membushlpi the Shop and vl$ltor51 Mew Allcock explalned that membershlp comes under the Charfty acrounts; all other Income 8oes throu8h the Ilmlted o)mpany. Mefflbershlp Income Is less than the eXp&KIhu on Member& The Sknp and Café have been Juccessful, and the mana8ement team Is looking to make more use of the CAfé outslde weekends. Please rnber we do not charye vlsltorn who only want to vlslt the shop and use the café. The Accounts were unanlmously approv. The Trusteu rtlrln8 by rotatlon were Paul BeardBley and Matyn Brallsfonl and they Indlcated the]r w11line$S to reapp)IThl. The Members VLd unanlmously to rwpolnt Paul Beardsley and Martyn Brallsford. The membership Jltuatlon li very healthy. Th15 le1 of Thmbership Is ilmlllr to the fl8urns In 2018 and 2019 (pr&COVID), albelt more famlly and less conce551on membershlpi. We here rfrconflrm our major 2 prlorltles the r&steamin8 of 41708 and Ihe rtrcreatlon of the eoalln8 sts8e wlth a Sclence, Technolo8yi Englneerfni and Mathematlcs ISTEM) foLw. Followlng the full plannln8 appllcatlon for the erectlon of a rall•related research delOpMent, Innovatlon and tralnlng centre was submltted to Chesterfteld BoTou8h Q>uncll who are the lead plannln8 authorlty. DIsclI0n$ are now contlnuln8 for the lease wlth CBC. The commerclal slde of the builness contlftuej to make 8mt 5tr1des forward, W01n8 ag outlined In the bu51ness plans for the firture, at the same ffle keepln8 revenue protKted whlch, In turn, keeps the whole of Barrow Hlll and the Roundhouse safe. Overall net expendltyre for 2024 lotalled £278,276 Includlng depreclatian charge of £102.779 and the annual brldse malntenance 5,0(10). Overall nel incorne for 2024 amount&l to £143,671. The prlnclpal n0nLHF element comprll donatlons frorn Barrow Hlll Ltd (£80,9901, 8aln on Jale of assets (£24,000), mernber5hlp sublptIonS and donatlons (£32,999). The goclety has notlflcatlon from Barrow Hlll Ltd that It Is tran9ferrln8 £31,476 after the y end to the sodety. RNANaAL REVIEW Flnanclal phlon The reserves pollcy of the Coundl of Managementls to maxlrnlse Income $0 as kn provlde reseNe5 for furtTrw develowent and refurblshment ot the slts and to enable major repalrg to be carrlul OUL Clos1 erVeS of £534,194 arn 5ufflclent for thls purpose. RNervu pollLv The Charlvs r85en¢s policy 15 to attempt to ensure that there are sufflderrt fundi wallAblè to meet the antlclpatul expendlture requlrements for a mlnlmum perlod of 12 rnonth. STRucfuR4 GOVERNANCE AND MANAGEMENT Govern1 docum•rt The tharlty Is a charitsble company Ilmlted by 8uardntee and It was IncorwrateAI on 21 May 1997. The a)mFhiny was 85lablish under a meMorandn and artlcle5 of A5)CIation. Rwruftment and appolntment ol new Irwte New trustees are either electal by the Councll of PAanagement at a Trustees, Meettn8 or they are eletted at the Annual General Meetln& Addltlonal Trustees be COllOPted durlng th8 year by the Council of Manapment subject to thelr rtselectlon at the Annual General Meelin& Page 2
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INDEPENDENT EXAMINER'5 REPORT TO THE TRUSTEE5 OF BARROW HILL ENGINE SHED SOCIETY LIMITED lthp•thit examirnr'i to the trurteu of Barrow Hill EnBlne Shed Sod Umlted Cthe Company'> I report to the charlty trustees on my examination of the accounts of the Company for the year ed 31 December 2024. RnsIbIlItI arnl of rq As ihe charity's trustees of the Compary (and also its dIrt0Th for the pu8$ of company law) you are responslble for the preparntlon of the xcounts In aca>rdance wlth the requ1ments of the Clxnpanies Act 20061'the 21M)6 Act,). Havlng satlsfied myjelf that the accounts of the Company are not requir to be audlted under Part 16 of the 2006 Act and arn ell8ible for Independent examlnatlon, I report In respttt of my examlnatlon of your charity's tOuts as tsrrled out under 5edlon 145 of the tharftles Art 2011 I'the 2011 Act'l. In CAryln8 Out my examlnatlan I have followed Dlredlonj by the Charlty Q)mmlsslon under StIon 14515) (b) of the 2011 A(1. Independent ex•nlMVi thm•nt I have completed my exarnlnation. I confimi that no mattets have cm to my attentlon In connecllon wlth the examlnatlon 8fv1ng me cause to belleve: acmuntln8 recordi were not kept In respett of the Company as required by Section 386 of the 2006 Act; or the accounts do not accord wlth those records. or the accounts do not compty wlth the aLrountin8 requlrernenls cf SÉctlon 396 of the 2006 Act (Jthèr than any requlrrnt that the accounts glve a true and falr vlew whith li not a matter c(Thklered as part of an indepeThlent exajnlnatlon; or the (X)unts ha nol beon prepared In accordance wlth the methods and prlnclplej of ihe Ststement of RecommendEd Practlce for Kcountlng and reportlng by chArltlei tsppllcable to dwrltles preparlng thelr accounts In acCoan wth the Flnandal Reportln8 Standard •ppllcable In the UK and Republlc of Ireland (FRS 102)). I hwe no concerns and have come acrom no other rnattorn In connectlon wlth the eXamInon tc whlch attentlon Jhould be drawn In thls In order to anible a proper understandlng of the accounts to be reached. Ik., c4 Hewltt Card Chartered Certlfled Accounlants Hewltt Card Limlted charter Certlfld Ac(nuntants nk72 Nottln8ham Roal Mansfield Nottln8hamJhlrn NG18 1BN
BARROW HILL ENGINE SHED SOCIEtY UMrrED STATEMENT OF FINANCIAL ACTIVITIES r the year ended 31 December 2024 31.12.24 31.12.23 Total funds Unrestricted Restricted funds fvnds INCOME AND ENDOWMENTS FROM Donallons and le8ades 113,98B 113,988 150,608 Investment Income Oth•r Income S83 24iklO 7.195 24000 143,671 143,671 157,803 EXPENDITURE ON awltable actlvltl Aclfvltle5 undertaken dl Depreclatlon and other slmllar cojts Govemance costs 171.566 31,565 3,112 819 71J14 1n,3J5 101779 3,112 164,563 104,620 3,131 206A43 72,033 271376 272,314 NEf INCOMwpENDrruR {61572) nO33) (13460SI (114,5111 RECONCILIATION OF FUNDS Total fund6 brou8ht forward 420040 248,759 660,799 783,310 TOTAL FUNDS CARRIED FORWARD 357,468 176,T26 534,194 668,799 The notes form part of these financlal Statements Page 5
BARROW HILL ENGINE SHED SOCIETY LIMITED BALANCE SHEEr 31 December 2024 31.12.24 Total 37.12.23 Total funds Unrestrl(#ed Restrlcted funds funds FIXED ASSEfs Tanglble ag8 Investments 10 156074 17T26 331800 435,382 156075 176,726 331801 435,383 CURRENT ASSETS 12 105 224,477 Cash at bank 105 224A77 1,362 259,358 224J82 224S82 260,720 CREDrroRS Amounts fallln8 due wlthln one 13 (24189) 93,189) (27,3041 NET aiRRENT ASSETS 201,393 201,393 233,416 TOTAL A5SEfs CURRENT LIABILinES 3J7,468 174726 534,194 668,799 NET ASSErs 357h68 176,726 534194 668,799 FUNDS UnrestrlLtsd fijnds Re5tri(ted fund5 14 357,468 176,726 420,040 248,759 TOTAL HJNDS 534,194 668,799 The charltable company Is enlltlul to exempkn from alIt undtr Sectlon 477 of the CompAnies Act 2006 fr>r the ythr ended 31 December 2024. The nxmbern have not requlrul the company to obtaln an audlt of Its flMndal Bfaternents lor the year endal 31 December 2024 In accordance wlth sec 476 of the Companles Act 2006. The truitea thnowledse thelr responslbllltlw for enJurln8 th the charitsble company keeps accountln8 Trcords that comply wlth Sertlon5 386 aml 387 of the Companles Acl 21J)6 and preparln8 financlal statements whlch glve a tNe and falr vlew of the state of affalrs of the dwrltable compary as at the end of each flnanclal year and of Its Jurplus or deficit fDr each ftnaftclal year In Ka)rdan wlth the quIrements ot SlI0n5 394 and 395 and whlch otherwlw comply wlth the requlrements of the Companles Act 2(106 relatln8 finCIal slatements, x) far a6 appllcable to the charltable company. The flnanclal statements have been Prepar In COlanCe wlth the provlslons appllcable to charltable companle5 sublu to the small cijmpanies reglme. (b) The flnanclal slatements were apPrOd by the Board of TrteeS and authorlsed for Issue on and were sl8ned on Its behalf by. R A Bur8es5- Tnutee The note5 form part of these ftnanclal statements Page 6
BARROW HILL ENGINE SHED SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2024 CHARITY STATUS The tharlty Is a charlty limlteAI by 8uarantee and consequerrtly (kjes not have share rapltal. Each of the trutyes Is Ilable to contrlbute an amount not exceeding £5 towards the assets of the chaiity in the event of Ilquidatlon ACCOUNTING POLia a•1• ol preparlry tho élnandl •tat•m The flnancial ststements of the charltable companyi which 15 a publlc benefft entlty undBr FRS 102, ha been prepared In acCon wlth the Charrtles SORP (FRS 1021 'Acrnuntlng and Reportln8 by Charltles: Stst&nent of Recommended Practtce appllcable to charltles preparln8 thelr accounts In accordance wlth the Flnanclal Reportln8 S1andard app114>ble In the UK and Republlc of IrelarKI IFRS 1021 (elfve I nll2ry 2019),, Flnandal Reportlng Slandard 102 'The Flnanclal Rew>rtln8 Standard applicable In the UK and Republlc of Ireland, aThl the Companle5 Act 2006. The flnanclal statements have been prepaRd uler the hlstorlcal cojt conventlon. wlth the exception of Investments whlch are Incl11 at Maet value. Fln•KknI rq>ortlnJ 102 . rnhKed dlKlo•ure exemptkn The charltable company has taken advanta8e of the followln8 d15doJure exemptlon In preparfnB these flnanclAI statements, a6 pomltted by FILS 102 'The Flnanclal Reportln8 Standud appllcable In the UK and Republlc of Irelandl: the rwulrements of Section 7 Ststrnt of Cash Flo. All Income Is recwlgd In the Statemerrt of Flnanclal Arllvltles once the tharlty entltlement to the funth, ft Is probable that the Income wlll be ceiV1 and the amount can be measurd rellably. DonaUoN aNI l•uKI Donatlons are reco8nlsed when the charfty has recelv8J them. In the event that a donatlonls sUbjt to Ly>ndltlons that requlre a Ivrfel of performance by the charlty before the charlty Is entltled ts the funds, the Income Is deferred and not recoonl$ed untll elther thoBe condltlons are fully m¢ or the fultllrnent of those condltlons Is wholly wlthln the control of the charfty and It Is probable that these col10nS wlll be fulftlled In ihe rewJrtln8 perlod. Grants recelvable Grants are reco8nl6ed when the charlty has an entltlement to the fvndg and any condluons Ilnked to the 8rants h been met. Where performaneo condltlons are attacheAI to the grant and are yet to be me¢ the income li reco8niJed a Ilablllty and Induded on balance sheet as deferrvAI Income to rel6ised. Investment Income li TOlSed on a recelvable bas11. Exp•ndtturn All expendlture Is reco8nls¢d once there 1$ a lepl or construcllve obll*lon commlttln8 tharlty to that expenditure, It Is pn)bable that settlement Is r4ulrul and the amount CAn be measured reliably. All costs are allocat•J to the appllcable expendllure heallns that agsrepte slmllar cosrs to that rale80ry. Whern costs cannot be dlreLtIy attrlbutul to partlcular headln85 they have been allocated on a basls L¥)nslstent wlth the use of resources, wlth central slaff Lvsts allocatvd on the bas15 of tlme 5penL and depreCIaOn char8es allocated on the rthlon of the asset's uie. Other iupport costs are allocated baged on the gprewl of stsff c05t8. (table actlwltl Charltable expendlture comprlses those costs [Urred by the charlty In the dellvery of Its actlvltlej and sebvlces for Its beneflclarle5. It includes both Ll)sts that CAn be allocated dlrertly to such activltle5 and those costs of an Indirect necessary to suppoft them. Supp(#l cl Support costs Include central funcdons and have been allocated to aclfvlty cost rAte8orfes on a knls con51stent wlth the use of resources. These incIe th cogts attrfbutable to the charlvs Compl1an wlth ron5titutional and statiitory requirements, Includlns strategic manawnent And trustse5 medngs and relmbursed expense& Tarylble fixed aHets Depreciation Is prcNld•l at the followlng annual rates In order to wrlte off eath asset over its estsmabj useful life. Pa8e 7 continu...
BARROW HILL ENGINE SHED SOCIEfY LIMrtED NOTES TO THE FINANCIAL STATEMENTS- conllnued for the yar ended 31 December 2024 ACCOUNTING pouaB. ClInl T•rylble fixal Freehold property Plant and machlnery FIxtU arjd rIng5 25% on cost aNI 10% on cost 33.3% on co( and 10% on cost 25% on aJ5t Indlvldual fixed assets costln8 £500 or rnore are Inltlally corded at co¢ less any wb5equent accumulatsl depreciatlon and subs4uent accumulated ImpalmKnt10sW. Tayatknn The charlty Is eyempt from corporallcn tsx on Its charltable actlvltles. Fund accountlry Unrestrlcted fuThls can be used In accordan wlth the charltable objectlves at the dlxretlon of ihe trustew. Restrl¢ted funds txn only be used for partlcular restrfaed PUryM)w wlthln the objects of the charlty. ReAtrlcUoN arlse when ¥)ecIf by the donor or when funds rdlxd for partlcular re5tr1cted purposeL Further explanatron of the nature arKI purp8 of each fund is Included In the notes to the flnancl&l statements. Hlre purchu• and Irulry commltments Renkls pald under operatln8 leaJe5 are Chary to the Stment of Flnanclal Actlvltlej on a sErai8ht Ilne bas1$ over the perl¢xl of the leaje. DONATIONS AND LEGACIES 31.IZ.24 31.1223 Donattoni Grdnts 113,980 148,108 2,500 113,98B 150,608 Grants recelv&l, Incl1 in the above, a as follows." 31.1224 31.12.23 LelcÉrteYshlre County Councll 2,51)0 INVESTMENT INCOME 31.12.24 31.12.23 Deposll account InreSt 5,683 7.195 Page 8 continued...
BARROW HILL ENGINE SHED SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued for the year end 31 Decefflber 2024 CHARITABLE AcfiviTIES COSTS Supwrt costs (see note 6) Direct Costs Tota15 Actlvltle5 urmlertaken dlrectly DreCIatIOn and other slmilar £ts Governan costs 171305 104779 IT4305 102,779 3,112 3,112 275,164 3,112 178,276 SUPPORT COSTS Govemance costs Governan c 3,112 NEf INCOMW(EXPENDITURE) Net Incom61(expendlture) IJ statal after chatynWlcredltlnO: 31.12a4 31.12.23 Depreclatlon. owned amets Cknr operntln8 leaw5 Surplus on d10511 of Ilxed atsets 101780 104,619 3,864 TIEUSTrB' REMUNERATION AND BENEFITS There were no trust*' remuneratlon or other benefits for the year ended 31 DeLvnber 2024 nor for the endeAI 31 December 2023. There were no trustees, expense• PAld for the year ended 31 DecemExr 2024 nor for the ar ended 31 Dernber 2023. COMPARATIVES FOR THE 5fATEMENT OF FINANaAL AcllviTIES Unrestricted fund5 Re5tricled fund5 Total funds INCOME AND ENDOWMENTS FROM Donatlons and legacle5 148,10 2,500 150,608 Investmenl Income 7,195 7,195 Total 155,303 2,5(M) 157.803 EXPENDITURE ON (IwltsW• actlvltl Actlvlttes undertaken dirertly Depreciatlon and other slrnllar cogts Governan costs 160,722 31,689 3.131 3,841 72,931 164,563 104,620 3,131 195,542 76,772 272,314 NEf INCOMMPENDITURE) (40.239) 174.272) (114,511) Pa8e 9 contInuexl...
BARROW HILL ENGINE SHED SOCIEfY LIMfrED NOTE5 TO THE FINANCIAL sfATEMENTS- continual for the yr ed 31 December 2024 COMPARATIVES FOR THE sfATEMENT OF FINANaAL AcnviTIES - cThrtlnwd Unrestricted Restricted furKIs funds Total funds RECONCILIATION OF FUNDS Total funds brou8ht forwanl 460279 323,031 783,310 TOTAL FUNDS CARRIED FORWARD 420.040 248,759 668.799 IIL TANGIBLE FIXED ASSETS Flxtures Freehold propety Plant and machlnery flttin85 Totals COST At l January 2024 Addltlons Dlsposals 1,668072 420,605 240,369 ¥29046 198 Jl930) (24,930) At 31 Dember 2024 1,660,OT2 3930TJ 240,369 2,304,314 DEPREaATION At 1 January 2024 Charge for year Ellmlrwtsj on dlsposal 1,371A72 77029 303,S13 20,457 (24,930) I1879 5,294 1W3,664 104780 Q4,930) At 31 December 2024 1,448,601 299,040 223,873 1,971,514 NEf BOOK VALUE At 31 December 2024 219M71 96,B33 16h96 334800 At 31 DKember 2023 296,500 117,092 21,790 435,382 R•rtrlcllon on lftle and pl*d u Kcurlty Land and bulldln85 wSth a caryln8 amount of £429,253 has been pld8al as securlty. A full tltle guarantee charye by way of a legal mort8ago been ralsed over the propety u part of the Herlla8e Lottery Fund 8rnnt agreement tenns. Thls Is securlty over any Ilabllltle5 or obllgatlons that may bxome due to the chaw>r. FIXED ASSET INVESTMENTS 11. Shares in group urKlertskinss MARKEf VALUE At 1 January 2024 and 31 December 2024 NEf BOOK VALUE At 31 December 2024 At 31 Decemlxr 2023 There were no Imoslment assets oublde the U The companV$ investments at thè balance Sheet date In the ihare c4)Ital of companles Incre the followln8: Page 10 continu...
BARROW HILL ENGINE SHED SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMWfS - contlnued lor the ythr ended 31 December 2024 RXED ASSET INvMENTs- contlnu Barrow Hlll UmlteAI Reglstered offi. Unlted Klnslom Natu of buslness: The operatlon of Barrow Hlll Roundhouse aass of sharw. Ordlnary holdlng 1110 12. DEBTORS: AMOUNTS FALUNG DVE WtTrllN ONE YEAR 31.12.24 31.12.23 Amounts owed by group undertaklngs VAT 105 105 1,257 105 1,362 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.1224 31.12.23 Trade ClIt0 VAT Accrued expenMI 13,514 3,216 13,870 13,TJO 23,189 27,3D4 1& MOVEMENT IN FUNDS Net movement In furKIs Al 31.12.24 At1.1.24 Unrertrlcted lumh General fund Dlnabl fund BH Green 384,099 3J,941 (59,911) (4661) '324,1B8 33,280 (62,S72) 357,468 Heritage Lottery Fund- Restrlcted Flxed Assets Herlt• Lottery Fund Museum Delopment East mldlands -D15play Cases Lelce5tershlTe County Councll 17,771 220036 (5,923) (61991) 11.848 157,045 10,133 819 (2,300) (01* 7,833 248,759 (72,033) 176,T26 TOTAL FUNDS 660,799 (134,605) 534,194 Pa8e11 continu...
BARROW HILL ENGINE SHED SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMEWS - contlnued for the ythr ended J1 December 2024 MOVE%IENT IN FUNDS - contlnu Nel movement In funds, Inc1wl In the above are as follows.. Incomln8 resourcel Resources expended Movement in fund5 Unro•trl¢t•d fun& General fund DÉ$1ted fund BH Green 143h71 I20382) (1661) (59,911) (1661) 143,671 (206,24J) (6272) HerFta8e Lottery Fund- Restricted Flxed Herltage Lottery Fund Museum DthElopment East mldlands .Dlsplay Cases Lalcestershl County Councll (5,923) (62,991> (5,913> (6&991) (2,300) (81¥ 300) (819) (72OJJ) (Y403• TOTAL FUNDS 143,671 (278,276) (134hOS) Net movement in furKI$ At1.1.23 31.12.23 Unr•btrlctqd General fijnd Desly*ted fund BH Grnen 421,677 38,602 137,578) 12,6611 384,099 35,941 Rel(¢•d Herltase Lottery Fund- Rertrlct&l Flxul 460,279 (40,239) 420,040 23,694 284,744 Herftage Lottery Fund Museum Development East rnldlands -Dliplay Cases Lelcertershlre County Councll (5,9231 164,708) 17,771 220,036 12,433 2,160 (2,3001 11,347) 10.133 819 323,031 174272) 248,759 TOTAL FUNDS 783,310 <114,511) 668.799 Page 12 contlnuwj...
BARROW HILL ENGINE SHED SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMEKfS - contlnued for the year ended 31 Decanber 2024 14. MOVEMENT IN FUNDS . contlnu Comparatlve net movemenl In funds, In the abovE are a5 follows: Incoming resources Resources expended Movemem In funds General fund Deslgnated fund BH Green 155.303 (192,8811 12.661) <37.578) (2,661) Rtttrlcled lun& Herllage Lottery Fund- Restrlcted Flxed Assets Her1* Lottery Fund Museum Developnwnt East mldlands -D15play Cases Le1¥terShrre County Councll 155,303 1195.542) (40,239) 15,923) 164,7081 15,923> (64,708) (2,3CMI (3A411 (2,3 (1.3411 2,500 2,500 176,77¥ 174,272) TOTAL FUNDS 157,803 (2n,3141 (114,511) A current yw 12 months and prlor year 12 monthi comblnul potIon Is as followi: Net m0ment in funds At 31.12.24 At 1.1.23 Unrulrfctod fiN¥h General tund DeJl8natsl fund BH Gmn 421,677 38,602 (97,489) (5.32 324,188 33,280 RertrlCI Herlts8e Lottery FurKI- Restrlcted Flxed A55ets Her1• Lottery Fund Museum Delolent East midlands -Dlsplay Cases Lelce5tershlrn Q>unty Councll 460379 (102,811) 357,468 23,694 284,744 (11,8461 (127,699) 11,848 157,045 12,433 2,160 (4,6(M)) (2,160) 7,833 323,031 (146,305) 176.726 TOTAL FUNDS 783,310 1249,116) 534,194 Page 13 continued...
BARROW HILL ENGINE SHED SOCIEfY UMftED NOTES TO THE FINANCIAL sfATEMENTS- contlnued for the year ended 31 December 2024 MOVEMENT IN FUNDS. contlNed A current r 12 monts arKI wlor year 12 month5 comblned nd ffK>vement In fundj, Includul In the abt)ve are as follows: Incomin8 resources Resource5 expended Movement in fund5 Unrertrlcted General fund Deyiwl fund BH Green 298,974 1396,4631 15,3221 (97,489) (5,322) 298.974 (401,78 (102,811) Herltage Lottery Fund- Restrlct&l Flxed (11,846) 1127,699) (11,846) 1127,699) Herltage Lottery Fund Museum Development East mldlands -Dlsplay Ca Lelce5tershlre County c(wncll (4,600) 14.660> (4,6 (2,160) 2,5(X) 2,500 (148,805) (146,305) TOTAL FUNDS 301,474 1550,590) (249,116) 15. CONTING&YT UABILITIES At the perlod aKI the cornpany had a contInt Ilablllty amountlns to £5.13912022 - £13J57) In re8ct of the VAT OW under the lolnt VAT repjitratlon wlth Barrow Hlll Limitsd. 1& RELATED PARTY DISCLOSURES The charftable e(Jrnpany has taken advantage of exemptlon, under the term6 of Flnanclal Reportlng Standard 102 'The Flnanclal Reportln8 Slandard appllcable In the UK and Republlc of Ireland,, not to dlsclose related party transactlons wlth wllolly owned subsldlarles wlthln the sroup. There were no relatal party trnnsactions for the year ended 31 De£Miber 2024. Page 14
BARROW HILL ENGINE SHED SOCIEfY LIMITED DETAILED sfATEMENT OF FINANCIAL ACTIVITIES for the endd 31 December 2024 31.12.24 31.12.23 INCOME AND ENDOWMENTS t)onations Grants 113,988 148,108 2,5LNJ 113,988 150,608 Dep0511 account Interert 5,683 7,195 Other Income Galn on sale of tanglble flxal asiets Total Incomlw rowurc I4377 157003 EXPENDITURE (hriknble Ktmtl Other operatln8 Iwol Rates and water InsurarKe Postage and 5tatlonery Repalrs and malntenance Trade and professlonal loumal Trade subscrfptions Prolects and events Freehold property Plant and machlnery 3,951 3,B64 320 26,IXI 1,991 82,053 4.068 203 45,874 79,078 25,542 31,750 &129 96J98 4,357 71 33,536 77,028 25,751 275,164 269,183 Swwort co GovwnwKe co Accountary fees L4al fe 3,078 3,118 13 3,112 3,131 Total rBwurce5 expend 278,276 272,314 Nel eXpute 1134,603) (114,511) Thls page does not form part of the statutory flnancial Statements Page 15