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← The Banbury Steam Society

2024-09-30-accounts

Company registration number: 03341176 Charity registration number: 1070352

Banbury Steam Society

(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 30 September 2024

mca Business Ltd 4 - 6 The Wharf Centre Wharf Street Warwick Warwickshire CV34 5LB

Banbury Steam Society

Contents

Reference and Administrative Details 1
Trustees' Report 2 to 5
Statement of Trustees' Responsibilities 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9 to 10
Notes to the Financial Statements 11 to 19

Banbury Steam Society

Reference and Administrative Details

Charity Registration Number 1070352 Company Registration Number 03341176 Registered Office 4 - 6 The Wharf Centre Wharf Street Warwick Warwickshire CV34 5LB Independent Examiner mca Business Ltd 4 - 6 The Wharf Centre Wharf Street Warwick Warwickshire CV34 5LB

Page 1

Banbury Steam Society

Trustees' Report

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the year ended 30 September 2024.

Objectives and activities

Objects and aims

The charities objectives are to advance the education of the public by increasing and maintaining interest in all types of steam engines, tractors, agricultural machinery and equipment, veteran and vintage cars and any machinery of historical interest. There has been no change in these during the year.

Objectives, strategies and activities

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake with regard to public benefit.

Public benefit

The charities objectives are to advance the education of the public by increasing and maintaining interest in all types of steam engines, tractors, agricultural machinery and equipment, veteran and vintage cars and any machinery of historical interest. There has been no change in these during the year.

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Use of volunteers

Banbury Steam Society is supported through the voluntary assistance of a number of individuals.

Achievements and performance

During the year ended 30 September 2024, the charity has continued to increase public awareness of steam and other machinery of historic importance.

The income of the charity is generated from gate money of the rally, market traders, advertising and members subscriptions.

Financial review

The Charity's assets are available and adequate to fulfill the obligations of the charity both as a whole and on the basis of each type of fund.

A designated fund has been set up to ensure there are sufficient funds for the charity to be able to finance the annual rally held.

In the past year the charity organised its "2024 Rally". Total income of £164,794 (2023 - £120,055) was received.

Policy on reserves

The charity's assets are available and adequate to fulfil the obligations of the charity both as a whole and on the basis of each type of fund.

Funds in deficit

A designated fund has been set up to ensure there are sufficient funds for the charity to be able to finance the annually held rally.

Page 2

Banbury Steam Society

Trustees' Report

Plans for future periods

Activities planned to achieve aims

It is proposed to continue to run the club and to organise the annual rally and further donations to be made to local Charities in future years once a sufficient surplus has been created on an annual basis.

Trustees and officers

The trustees and officers serving during the year and since the year end were as follows:

Trustees:

Mrs Jane Jay

Mr Peter Reginald Jay Mr Nathan George Porlock-Allan Mr Brian Arthur Wells Mr Chris Cousins

Structure, governance and management

Nature of governing document

The charity is a company limited by guarentee.

Recruitment and appointment of trustees

During the period from 1 October 2021 to the date of this report 0 trustees resigned.

Any trustee has the power to nominate any appropriate individuals as new trustees. The appointment of a new trustee must be approved by all trustees.

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarentee to contribute to a maximum of £1 in the event of winding up.

The trustees are all aware of their roles and are made aware of any relevant events or meetings which they are advised to attend for the undertaking of their roles as trustee.

Arrangements for setting key management personnel remuneration

During the year no trustees were reimbursed for expenses that they incurred in the performance of their duties.

Page 3

Banbury Steam Society

Trustees' Report

Organisational structure

The trustees, who are also the directors for the purpose of company law, and who served during the year were: Mrs J Jay

Mr P R Jay Mr N G P-Allan Mr B A Wells Mr C Cousins

Banbury Steam Society is a charitable trust, with no associated charities or companies. The structure of the organisation consists of the president, followed by vice president, followed by the committee consisting of chairman Mrs J Jay, vice charman and trustees, followed by the rally co-ordinator and committee, consisting of section leaders, health and safety officer and insurance officer. Decisions are made through discussions at trustee meetings followed by a majority show of hands.

Major risks and management of those risks

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. Sufficient funds are put into reserves to ensure that any losses incurred in running the annual Rally as a result of adverse weather can be covered

Statement of trustees' responsibilities

The trustees (who are also the directors of Banbury Steam Society for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 4

Banbury Steam Society

Trustees' Report

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation inother jurisdictions.

30 Jun 2025

The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:

......................................... Mr Chris Cousins Trustee

Page 5

Banbury Steam Society

Statement of Trustees' Responsibilities

The trustees (who are also the directors of Banbury Steam Society for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company'swebsite. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. 30 Jun 2025

Approvedby the trustees of the charity on .................... and signed on its behalf by: U@bR

......................................... Mr Chris Cousins Trustee

Page 6

Banbury Steam Society

Independent Examiner's Report to the trustees of Banbury Steam Society

I report on the accounts of the charity for the year ended 30 September 2024 which are set out on pages 7 to 21.

Respective responsibilities of trustees and examiner

The trustees (who areis also the directors of the company for the purposes of company law) areis responsible for the preparation of the accounts. The trustees considers that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees trustee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

have not been met; or

...................................... Martin Cox

4 - 6 The Wharf Centre Wharf Street Warwick Warwickshire CV34 5LB 30 Jun 2025

Date:.............................

Page 7

Banbury Steam Society

Statement of Financial Activities for the Year Ended 30 September 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Charitable activities
3
Total income
Expenditure on:
Raising funds
Charitable activities
4
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
12
Note
Income and Endowments from:
Charitable activities
3
Total income
Expenditure on:
Raising funds
Charitable activities
4
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
12		 Unrestricted
funds
£
164,794
164,794
(120,008)
(384)
(120,392)
44,402
44,402
83,888
128,290
Unrestricted
funds
£
120,055
120,055
(94,872)
(4,736)
(99,608)
20,447
20,447
63,442
83,889		 Restricted
funds
£
-
-
-
-
-
-
-
28,000
28,000
Restricted
funds
£
-
-
-
-
-
-
-
28,000
28,000		 Total
2024
£
164,794
164,794
(120,008)
(384)
(120,392)
44,402
44,402
111,888
156,290
Total
2023
£
120,055
120,055
(94,872)
(4,736)
(99,608)
20,447
20,447
91,442
111,889

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2023 is shown in note 12.

The notes on pages 11 to 19 form an integral part of these financial statements. Page 8

Banbury Steam Society

(Registration number: 03341176) Balance Sheet as at 30 September 2024

Note
Fixed assets
Tangible assets
8
Current assets
Stocks
9
Cash at bank and in hand
10
Creditors: Amounts falling due within one year
11
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
Unrestricted income funds
Unrestricted funds
Total funds
12		 2024
£
3,454
2,700
152,115
154,815
(1,979)
152,836
156,290
28,000
128,290
156,290		 2023
£
3,839
2,700
107,330
110,030
(1,980)
108,050
111,889
28,000
83,889
111,889

For the financial year ending 30 September 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The notes on pages 11 to 19 form an integral part of these financial statements. Page 9

Banbury Steam Society

(Registration number: 03341176) Balance Sheet as at 30 September 2024

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the charitable company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard applicable in the UK and Ireland (FRS 102) (effective January 2015).

30 Jun 2025

The financial statements on pages 8 to 19 were approved by the trusteestrustee, and authorised for issue on .................... and signed on their behalf by:

......................................... Mr Chris Cousins Trustee

The notes on pages 11 to 19 form an integral part of these financial statements. Page 10

Banbury Steam Society

Notes to the Financial Statements for the Year Ended 30 September 2024

1 Charity status

The charity is a charity limited by guarantee and consequently does not have share capital. Each of the trustees is

liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

Banbury Steam Society meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Exemption from preparing a cash flow statement

The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.

Income and endowments

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Raising funds

These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.

Page 11

Banbury Steam Society

Notes to the Financial Statements for the Year Ended 30 September 2024

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for

its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect

nature necessary to support them.

Grant provisions

Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there

is uncertainty about either the timing of the grant or the amount of grant payable.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £0.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Page 12

Banbury Steam Society

Notes to the Financial Statements for the Year Ended 30 September 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Financial instruments

Classification

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

Recognition and measurement

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

Page 13

Banbury Steam Society

Notes to the Financial Statements for the Year Ended 30 September 2024

Debt instruments

Debt instruments which meet the following conditions are subsequently measured at amortised cost using the effective interest method:

(a) The contractual return to the holder is (i) a fixed amount; (ii) a positive fixed rate or a positive variable rate; or (iii) a combination of a positive or a negative fixed rate and a positive variable rate.

(b) The contract may provide for repayments of the principal or the return to the holder (but not both) to be linked to a single relevant observable index of general price inflation of the currency in which the debt instrument is denominated, provided such links are not leveraged.

(c) The contract may provide for a determinable variation of the return to the holder during the life of the instrument, provided that (i) the new rate satisfies condition (a) and the variation is not contingent on future events other than (1) a change of a contractual variable rate; (2) to protect the holder against credit deterioration of the issuer; (3) changes in levies applied by a central bank or arising from changes in relevant taxation or law; or (ii) the new rate is a market rate of interest and satisfies condition (a).

(d) There is no contractual provision that could, by its terms, result in the holder losing the principal amount or any interest attributable to the current period or prior periods.

(e) Contractual provisions that permit the issuer to prepay a debt instrument or permit the holder to put it back to the issuer before maturity are not contingent on future events, other than to protect the holder against the credit deterioration of the issuer or a change in control of the issuer, or to protect the holder or issuer against changes in levies applied by a central bank or arising from changes in relevant taxation or law.

(f) Contractual provisions may permit the extension of the term of the debt instrument, provided that the return to the holder and any other contractual provisions applicable during the extended term satisfy the conditions of paragraphs (a) to (c).

Debt instruments that are classified as payable or receivable within one year on initial recognition and which meet the above conditions are measured at the undiscounted amount of the cash or other consideration expected to be paid or received, net of impairment.

With the exception of some hedging instruments, other debt instruments not meeting these conditions are measured at fair value through profit or loss.

Commitments to make and receive loans which meet the conditions mentioned above are measured at cost (which may be nil) less impairment.

Investments

Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Investments in subsidiaries and associates are measured at cost less impairment. For investments in subsidiaries acquired for consideration including the issue of shares qualifying for merger relief, cost is measured by reference to the nominal value of the shares issued plus fair value of other consideration. Any premium is ignored.

Page 14

Banbury Steam Society

Notes to the Financial Statements for the Year Ended 30 September 2024

Derivative financial instruments

The charity uses derivative financial instruments to reduce exposure to foreign exchange risk and interest rate movements. The charity does not hold or issue derivative financial instruments for speculative purposes.

Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to their fair value at each reporting date. The resulting gain or loss is recognised in statement of financial activities immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in statement of financial activities depends on the nature of the hedge relationship.

Fair value measurement

The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.

3 Income from charitable activities

Total for 2024
Total for 2023		 Unrestricted
funds
General
£
164,794
164,794
120,055		 Total
funds
£
164,794
164,794
120,055

4 Expenditure on charitable activities

Note
Support Costs
5
Rally Expenditure
Governance costs
Total for 2023		 Unrestricted
General
£
2,377
118,015
120,392
Note
5		 Total
2024
£
2,377
118,015
120,392
Unrestricted
funds
General
£
384
4,736		 Total
2023
£
6,716
92,892
99,608
Total
funds
£
384
4,736

Page 15

Banbury Steam Society

Notes to the Financial Statements for the Year Ended 30 September 2024

5 Analysis of governance and support costs

Raising funds expenditure

Governance costs

Allocated support costs
Total for 2024
Total for 2023
6
Independent examiner's remuneration
Examination of financial statements		 Unrestricted
funds
General
£
384
384
4,736
2024
£
-		 Total
funds
£
384
384
4,736
2023
£
1,980

7 Taxation

The charity is a registered charity and is therefore exempt from taxation.

Page 16

Banbury Steam Society

Notes to the Financial Statements for the Year Ended 30 September 2024

8 Tangible fixed assets

Cost
At 1 October 2023
At 30 September 2024
Depreciation
At 1 October 2023
Charge for the year
At 30 September 2024
Net book value
At 30 September 2024
At 30 September 2023
9
Stock
Finished goods
10 Cash and cash equivalents
Cash at bank
11 Creditors: amounts falling due within one year
Other creditors
Accruals		 Furniture and
equipment
£
15,496
15,496
11,658
384
12,042
3,454
3,838
2024
£
2,700
2024
£
152,115
2024
£
(1)
1,980
1,979		 Furniture and
equipment
£
15,496
15,496
11,658
384
12,042
3,454
3,838
2024
£
2,700
2024
£
152,115
2024
£
(1)
1,980
1,979		 Total
£
15,496
15,496
11,658
384
12,042
3,454
3,838
2023
£
2,700
15,496
11,658
384
12,042
3,454
3,838
2024
£
2,700
2024
£
152,115
2024
£
(1)
1,980
1,979
2023
£
107,330
2023
£
-
1,980
1,980

12 Funds

Page 17

Banbury Steam Society

Notes to the Financial Statements for the Year Ended 30 September 2024

Unrestricted funds
General
Restricted funds
Total funds
Unrestricted funds
General
Restricted funds
Total funds		 Balance at 1
October 2023
£
83,888
28,000
111,888
Balance at 1
October 2022
£
63,442
28,000
91,442		 Incoming
resources
£
164,794
-
164,794
Incoming
resources
£
120,055
-
120,055		 Resources
expended
£
(120,392)
-
(120,392)
Resources
expended
£
(99,608)
-
(99,608)		 Balance at 30
September
2024
£
128,290
28,000
156,290
Balance at 30
September
2023
£
83,889
28,000
111,889

The specific purposes for which the funds are to be applied are as follows:

The above restricted funds has been set up to ensure there are sufficient funds for the charity to be able to finance the yearly held rally.

13 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets		 Unrestricted
funds
General
£
3,454
126,815
(1,979)
128,290
Unrestricted
funds
General
£
3,839
82,030
(1,980)
83,889		 Restricted
funds
£
-
28,000
-
28,000
Restricted
funds
£
-
28,000
-
28,000		 Total funds at
30 September
2024
£
3,454
154,815
(1,979)
156,290
Total funds at
30 September
2023
£
3,839
110,030
(1,980)
111,889

Page 18

Banbury Steam Society

Notes to the Financial Statements for the Year Ended 30 September 2024

14 Analysis of net funds

14 Analysis of net funds
Cash at bank and in hand
Net debt
Cash at bank and in hand
Net debt		 At 1 October
2023
£
107,330
107,330
At 1 October
2022
£
86,397
86,397		 At 30
September
2024
£
107,330
107,330
At 30
September
2023
£
86,397
86,397

Page 19

Issuer

mca Business Ltd

Document generated Fri, 27th Jun 2025 12:09:22 BST

Document fingerprint d7c9a3fde6b4f326fd988893e878bd40

Parties involved with this document

Document processed

Party + Fingerprint

Mon, 30th Jun 2025 11:26:09 BST Mon, 30th Jun 2025 11:32:35 BST

Mr Chris Cousins - Signer (7e86c958ba8d645c49c5dbc6a10d55e3) Martin Cox - Signer (f2822307b21377f18009bde93113b3d0)

Audit history log

Date

Action

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Envelope generated with fingerprint 0446bd3f8803c2974555a64d0c750ea2 (35.176.231.177) Document generated with fingerprint 347a3a1ae5b72f68750772c3d984bcd0. (35.176.231.177) Document generated with fingerprint d7c9a3fde6b4f326fd988893e878bd40. (35.176.231.177) Document generated with fingerprint b1dac53468f51f9e548de468d7c8ed97. (35.176.231.177) Mr Chris Cousins has been assigned to this envelope. (35.176.231.177) Martin Cox has been assigned to this envelope. (35.176.231.177) Envelope generated Sent the envelope to Mr Chris Cousins for signing Document emailed to party email Mr Chris Cousins viewed the envelope (82.132.216.228) Mr Chris Cousins viewed the envelope (82.132.216.228) Mr Chris Cousins viewed the envelope (82.132.228.99) Mr Chris Cousins signed the envelope (82.132.228.99) Sent the envelope to Martin Cox for signing (82.132.228.99) Document emailed to party email Martin Cox viewed the envelope (172.167.3.23) Martin Cox signed the envelope (172.167.3.23) This envelope has been signed by all parties (172.167.3.23)