The Ltd Robey Trust
Registered Office: The New Perseverance Ironworks Parade Business Park Pixon Lane, Tavistock, Devon PL19 9RQ www.therobeytrust.co.uk
Supported by The Heritage Lottery Fund
Registered Educational Charity No 1089025 A Company Limited by Guarantee No 4225304
Summary Income & Expenditure Accounts for Year Ending 28 November 2020
| Income Subscriptions Donations Steam Fair & Events Building Grants Restoration Grants Loans Merchandise Miscellaneous Add Opening Balance Less Expenditure Closing Balances |
current year 832.00 5,850.24 667.11 0.00 0.00 5,000.00 10.00 4,167.25 £16,526.60 10,208.33 26,734.93 14,423.25 £12,311.68 |
prior year 1,047.00 5,878.90 6,820.43 0.00 0.00 0.00 0.00 5,941.22 £19,687.55 9,668.35 29,355.90 19,147.57 £10,208.33 |
Expenditure Engine Costs Capital Expenditure Premises Cost Historic Artefacts Steam Fair & Events Administration Consumables Miscellaneous Funds TSB Bank - Current A/c TSB Bank - Restricted Funds A/c Cash in Hand |
current year 5,493.39 0.00 3,131.24 0.00 441.60 0.00 496.59 4,860.43 £14,423.25 7,149.24 3,924.46 1,237.98 £12,311.68 |
prior year 2,842.21 1,100.00 4,449.30 1,918.80 4,866.82 69.30 0.00 3,901.14 |
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|---|---|---|---|---|---|---|---|---|---|
| £19,147.57 | |||||||||
| 5,674.94 3,369.52 1,163.87 |
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| £10,208.33 |
For the year ending 28[th] November 2019 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with Section 476.
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
-
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Signed:
Director
The Ltd Robey Trust
Registered Office: The New Perseverance Ironworks
Parade Business Park Pixon Lane, Tavistock, Devon PL19 9RQ www.therobeytrust.co.uk
Supported by The Heritage Lottery Fund Registered Educational Charity No 1089025 A Company Limited by Guarantee No 4225304
Balance Sheet for Year Ending 28 November 2020
| Fixed Assets Steam Road Vehicles Stationary Steam & Plant Stationary Diesel & Plant Trailers & Misc. Vehicles Machine Tools & Workshop Equipment Buildings & Land Current Assets Cash in Hand and at Bank Restricted Funds Account Closing Balances Total Assets |
2018/19 50,000.00 9,550.00 3,996.18 2,100.00 15,526.98 229,643.43 £310,816.59 6,838.81 3,369.52 £10,208.33 £321,024.92 |
2019/20 50,000.00 9,550.00 3,996.18 2,100.00 15,526.98 229,643.43 £310,816.59 8,387.22 3,924.46 £12,311.68 £323,128.27 |
Movement - - - - - - |
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|---|---|---|---|---|---|---|
| £0.00 | ||||||
| 1,548.41 554.94 |
||||||
| £2,103.35 | ||||||
| £2,103.35 |
For the year ending 28[th] November 2019 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with Section 476.
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
-
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Signed:
Director
The RoY Trust Ltd Memb•r¥hlp S•crotary'• Report to the 2022 AGM for tho year January to w•••rfr DeC•mr 2021 Memb8r8hlp 8t Oecember 31. 2021 was 63 {62 In 2020). Th18 total18 mad8 up of $2 pald4 rnember8, 3 famlly members and 7 honorary members plus our patron, Roger Prldham. The totsl of membef8hlp 8ubscrlpttong recelvéd durlng the year w88 £911 (£840) and donaUon8 add8d to 8ub8crlptions totalled £1,190 (£868). Durlng the year we had 7 new mernb8r8. of whom 2 are contributor3 at the Works. We eneourag6 members to recelve thelr coples of The Globe by em8118s ft Is 'no cosv to the Trust, agalnst Increaslng C£*sts of postag8. For 2021 the spllt W88 81% recelving by emall, agalnsl 19% by P08t. Unfortunately the slx copl83 of each188ue that we are obllged to send to the Britlsh Library and the Agency for Legal Deposlt Llbrarfes have to bo hard cop8 and posted. By d8d8lon of the Board mernbershlp 8ub8crlpJon rates for 2021 remalned unchanged a8 foll¢)w8: embers In employm8nt or famlly membershlp £22.00 Studants, unemployed, In retirement [over 651 £14.00 Over8888 memb&rs who receive thelr news18ttern by 8m811 £22.00 Overseas memb8fg £27.00 The half-8ub8crSptlon rate con(xs8k)n for Joinlng after June 1 remalnod In pl. AT 2022 AGM 2022 m8mbernhlp at the date of thls report18 currently 49. Th18 tot8118 made up of 38 paIdP members. 3 famlly member3, and 7 honorary members plus our patron. To date 8ubscriptlons ol £714 and donetlons of £999 have been recelved. io Bryan Edwards Membershlp s8tx•twy 8 rI1 2022. 5ryE fw. LYI[ SE(¢JNDEO . (Trk. WLAND.)
Th• Robey Trust Ltd Trna8uree8 Report to tha 2022 AGM for the Flnanclal Year ended 28 November 2021 INCOME Incom8 for the year amounted to £34,354.57. the major sources being £24,737.82, £3,422.59. Other signrficant recelpts derived from MISC £3.168.11, including a Glft Aid dalm for £1.491.00. and for £2,064.15. EXPENDMJRE Expendllure for Iha year 8mountod to £39.793.12: 81gniflcant oxpendlture ar581ng trom - En In• £28.358.07 (Stumbl88 boller lubes £2,377.44: englne In8urance £975: Stumble8 barrel £2.266.80: Stumbles tubaplate £2.040.00; Stumbles firel)ox 50% £4,740.00; Stumbl88 Outer remls 8Co wrapper £2,370.00): £6,713.61 (building insurance £2,949.24: El8ctrirAI 5A InspKtlon £ 1,188.00: Electricity costs £1,200; Land purchase loan repayments £1,000); l£3.3l4.73. CASHFLOW There was a net cash ouffiow of £5.438.55 durlng tho year. Closing bank balanca wa8 £6.873.13 comprising £3,370.52 In th• Current Account, £1.252.45 In Cash and £2.250.16 In the Re8lrJcted Fund, whlch Is rlng f8n¢ed for Stumbles, boller rep81rn, CAPITAL EXPENDITURE None for th18 Ilnandal year. OVERVIEW Thanks to grants, primarlly from the AIA and CHRF the Trust remained solvent during another COVID affected year and able to make much pro9r8ss wlth Stumbles. Land purchase loans arn being repaid at a rate of £1.000 per year (interesl-free, 1 yoar1£1,000 remaining from the end of FY 202012021). The maln priority for the FY 202012021, apart frorn con8ep4ing funds to 8nab18 our actlvftios, w88 to r818e Sufficlent money to fvnd Stumbl88' boller repalr work whlch. thanks to Jack Ayland's applicallon to the AIA. we have a grant of 420.000 to enable this. The Tnt8118 a180 alloGating £500 per year into the Restrlcted Fund for that work (matched by BE). A loan of £5,0(X),. that vms made to RTL to enable drawdown of Ihe AIA grant, wlll be repayable over the next 5 yearn. AT 2022 AGM (9th Aprll 22) Bank balance as of the date of th18 report18 £11.295.37 oJmprt8lng of £968.93 In Cash, £10,076.02 in the Current Account and £250.42 In tho Restricted Account. The loans for land purchase wlll be pald off thls year, leavlng Just the loan for tha AIA grant to pay off. We are a180 expecting to receive the final 10% of the AIA grant. Th8nks to various successful grant applicatlons. donailon8 etc we entered 2022 In a relatlvely strong tlnanclal posltlon. Bryan Edward8 Tr888urer 8 Ap1 2022 Oj1& T . (rtL41Y.
INDEPENDENT EXAMINER'S REPORT I report on the financial statement ofThe Robey Trust for the year ended 28 November 2021. Respective responsibilities: The charity is responsible for the preparatlon of the financial statements, and considers that the audlt requireFnent of Section 43121 of the Charities Art 1993 Ithe Art does not apply. It Is my responsibility to state, on the basis of procedures specified in the General Directions 8iven by the Charity Commissioners under Section 43171 Ibl of the Act, whether particular matters have come to my attention. Basis of the Independent Examinerfs Report.. My examination was carried out in accordance wlth the General Dlrectlons of the Chartty Commlssloners. 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 financial statements, and seeking any explanations concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audlt oplnlon on the view given by the financial statements. Independent Examinerfs statement- In connection with my examinatlon of the charity funds, nothing came to my attention which gave me cause to believe otherwise than that the financial statement5 accord with the accountin8 records of the charity, and that those records sat15fied the requirements of the Act. l am not aware of any rnatter to which attention should be drawn in order to enable proper understanding of the financial statements to be reached. Signed Richard es Independent Examlner 3151 August 2022