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2020-12-31-accounts

members. The classificatio n
and break
down of
2020 2019
Adults 969 1,065
Families 956 1/49
Juniors 5 5
Students 8 ll
Life members 422 422
Associate Life members 34 34
Total 2/94 2,786

Dafydd Thomas
-Chairman,
appointed for 12months
-Liaison with the Company,
the Trust,
subsidiary companies and the Ffestiniog Railway Society.
-Society representative
at the Company
management meetings
-Archives: Archivist Gareth H Williams
-The Snowdon Ranger: Editor BobZeepvat
Ian King
-Deputy Chairman
-I.iaison with the Company,
the Trust,
.subsidiary companies. and the FRS
-NG15 project
-Gift Aid claims
-Society representative
on the Trust's Diamond
Jubilee Appeal committee
-Treasurer
until 12September 2020 finance, accounts,
tax returns &liaison with auditors
-Finance Director from 13September 2020
Charles McKeazie - Resigned
12 September 2020
-Finance Director
- Statutory obligations ofregistered
charity
-Society business
plans
-Membership:
membership
committee
chairman, Membership Secretary Richard Watson
Elwyn Jones
-The Snowdon Ranger advertising
-Rail Ale Festival committee
chairman
-Press &local community
relations
Neil McMaster
-Area &Special Interest Groups: liaison with Groups' chairmen
-Platform benches
-NG15 project expenditure
regulator
until 12September 2020
-Adopt a station scheme
-Risk Management
Peter Randall - Deceased 19October 2020
-NG15 project management
-Liaison with the Company
forNG15,
Kl &other rolling stock projects
@avid Firth
-Events
Alun Tomlinson - Resigned
13March
2020
-Liaison with the Company's
volunteer
manager
-Trammg
Mark Gardner
-IT
-Communications
(Website &social media): website
administrators
David Tidy &Laurence Armstrong;
-Vision Group
Steven Harris - Appointed
12September 2020
-Membership:
membership
committee
chairman, Membership Secretary Richard Watson
-Vision Group

for the Year Ended 3 1D ecembe r 2020
31.12.20 31.12.19
Unrestricted
Unrestricted designated Restricted Total Total
fund funds funds funds funds
Notes f. E f.
INCOME AND
ENDOWMENTS FROM
Donations,
legacies &
gift aid 3 74,688 7,096 1/10 83,094 138,687
Charitable
activities
6
Subscriptions
&diamond
appeal 88,602 88,602 88,817
Station View income 370 370 3,054
Coronavirus
appeal
24,508 24,508
General appeals 14,088 4,722 18,810 27,541
Other trading activities 1,028 1 1,029 2,626
Investment
income
52 26 41 119 345
Total 164870 46,089 6,073 216,532 261,070
EXPENDITURE ON
Raising funds 423 423 216
Ch'aritable
activities
Donations to the Festiniog
Railway Company 35,744 29+25 6,'418 72,087 159,443
Printing,
stationary,
postage etc.
21,187 21,187 22,852
Coronavirus
appeal
25,000 25,000
Station View costs 2@29 2@29' 12;856
Governance
and support
4 186 219 4405 4018
Total 61,540 57,473 6,418 125,431 199,385
NET
INCOME/(EXPENDITURE) 102,830 (11/84) (345) 91,101 61,685
Transfers
between funds
17 42 133 ~43 3~43 ~110
Net movement
in funds
144,963 (54,727) 865 91,101 61,685
RECONCILIATION OF
FUNDS
Total funds brought forward 1,170 526803 53,622 581;095. 519;410
TOTAL FUNDS CARRIED
FORWARD 146133 471576 54487 672 196 581095

31Dece mber 2020
31.12.20 31.12.19
Unrestricted
Unrestricted designated Restricted Total Total
fund funds funds funds funds
Notes
FIXED ASSETS
Tangible assets 12 226,074 226,074 226,074
CURRENT ASSETS
Debtors 13 215,771 157,935 1,150 374,856 58,136
Investments 14 1 1 1
Cash at bank 1 724 87 567 ~53 37 142628 413,029
217,496 245,502 54,487 517,485 471,166
CREDITORS
Amounts falling due within one
year 15 (36/64) (36+64) (86,154)
NET CURRENT ASSETS 181132 245 582 54487 481 121 385,012
TOTAL ASSETSLESS
CURRENT LIABILITIES 181,132 471,576 54,487 707,195 611,086
CREDITORS
Amounts falling due after more
than one year 16 (348199) (34899) (29,991)
NET ASSETS 146133 ~471 76 54487 672 196 Sill 095

31December 2020
FUNDS 1'7'
Unrestricted
funds
Uncommitted
fund
146,133 1,170
Desi
ated funds:
Historical railway assets fund 700 700
Station View property
fund
225/74 225,374
Station View maintenance fimd 7@10 3,868
NG15 contingency
fund'
90,000' 90,000
Small project allocations fund 41,779 29,412
NGG16 boiler appeal fund 8,710 8,701
Third class saloon fund 88,619 49,139
Dinas facilities contingency fund 5,225 119,109
Coronavirus
appeal fund
3259
617,709 527,473
Restricted funds:
NG15 project fund 22,496 22,298
Kl project fund ~31 91 31,324
54487 53,622
TOTAL FUNDS 672,196 181,091

DONA TI ONS, LEG ACIES &GIFT AID
31.12.20 31.12.19
Donations and legacies 54,436 113,518
Annual gift aid claims 24,688 25,169
Gift aid - coronavirus appeal 3970
83,094 138,687

for the Year Ended 31December 2020
4. OTHER TRADING ACTIVITIES
31.12.20 31.12.19
Sales 848 361
Advertising
revenue
180 1,285
Miscellaneous
income
1 980
1,029 2,626
5. INVESTMENT INCOME
31.12.20 31.12.19
Deposit account interest 119 345
6. INCOME FROM CHARITABLE ACTIVITIES
31.12.20 31.12.19
Annual
subscriptions
76,520 77,155
Life membership 8,650 8,178
Diamond
appeal
3,432 3,484
Station View income 370 3,054
Coronavirus
appeal
24,508
NG15 income 4/10 3,936
Kl income 512 619
Third class saloon 14888 22,986
132490 119,412
7. RAISING FUNDS
Other trading activities
31.12.20 31.12.19
Purchases 423 216

CHARITA BLE A CTIVIT IES COSTS
Direct
Costs
Donations to the Festiniog Railway
Company 72,087
Printing,
stationary,
postage etc. 21,187
Coronavirus
appeal
Station View costs
25,000
~229
220 603
AUDITORS' REMUNERATION
31.12.20 31.12.19
f
Fees payable to the charity's auditors for the audit ofthe charity's financial
statements 2@20 2,110
Fees payable to the charity's auditors for other serv'ices:
Preparation ofaccounts ~1100 1,000

(Breakdown ofthe 2019c olumn from page 15)
Unrestricted
Unrestricted designated Restricted Total
fund funds funds
f
fundsf
INCOME AND ENDOWMENTS FROM
Donations,
legacies 4 gift
aid 132,103 5,533 1,051 138,687
Charitable
activities
Subscriptions k diamond appeal 88,817 88,817
Station View income 3,054 3,054
General appeals 22,986 4,555 27,541
Other trading activities 2,626 2,626
Investment
income
126 99 120 345
Total 223,672 31,672 5,726 261,070
EXPENDITURE ON
Raising funds 216 216

for th e Year Ended 31December 2020 e Year Ended 31December 2020 e Year Ended 31December 2020
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued
Unrestricted
Unrestricted designated Restricted Total
fund funds funds funds
Donations to the Festiniog Railway Company 118,263 41,180 159,443
Printing,
stationary,
postage etc.
22,852 22,852
Station View costs 12,856 12,856
Governance
and support
4,018 4,018
Total 27,086 131,119 41,180 199,385
NET INCOME/(EXPENDITURE) 196,586 (99,447) (35,454) 61,685
Transfers between funds 212,701 212,701
Net movement
in funds
(16,115) 113,254 (35,454) 61,685
RECONCILIATION
OFFUNDS
Total funds brought forward 17,285 413,049 89,076 519,410
TOTAL FUNDS CARRIED FORWARD 1,170 526,303 53,622 581,095
12. TANGIBLE FIXEDASSETS
Dinas
Freehold signal Model Nantlle
property box sign Locomotive map Totals
COST
At 1 January 2020 and
31December 2020
~225
74 375 100 225 226 074
NET BOOK VALUE
At 31December 2020
~225
74 375 100 225 226 074
At 31December 2019 225,374 373 100 225 226,074

31.12.20 31.12.19
f
Amounts falling due within one year:
Other debtors 371 3,242
Annual
gift aid claims
5,860 25,131
Bequests 3,002 29,763
Coronavirus
appeal (gift aid)
1@67
Company loans ~ 123148
133,740 58,136
Amounts falling due after more than one year.
Company loans 241,116
Aggregate amounts 374 856 58,136
~ The Society has contingently
agreed
to convert this f123,140ofthe Company loan to a grant during 2021.
14.- CURRENT ASSETINVESTMENTS
31.12.20 31.12.19
f
Festiniog Railway Company share 1 1
15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.20 31.12.19
f f
Accrued Festiniog Railway Company donations 53,622
Other creditors 4,051 3,726
Deferred income ~32 13 28,806
36/64 86,154

31.12.20 31.12.19
Accruals and deferred income ~34999 29,991
MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.1.20 in funds funds 31.12.20
Unrestricted
funds
Uncommitted
fund
1,170 102,830 42,133 146,133
Historical railway assets fund 700 700
Station View property fund 225/74 225+74
Station View maintenance fund 3,868 (1,958) 6,000 7,910
NG15 contingency fund 90,000 90,000
Small project allocations fund 29,412 (29,823) 42,190 41,779
NGG16 boiler appeal fund 8,701 9 8,710
Third class saloon fund 49,139 17,129 22+51 88,619
Dinas facilities contingency
Coronavirus
appeal fund'
fund 119,109 3 259' (113,884) 5,225
~359
527,473 91,446 (1,210) 617,709
Restricted funds
NG15 project fund 22,298 (1,012) 1/10 22,496
Kl project fund ~31 24 667 ~31 91
53 622 ~34 1 10 54487
TOTAL FUNDS 581095 91101 672 196
Net movement
in funds,
included in the above are as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted
funds
Uncommitted
fund
164470 (61,540) 102,830
Station View maintenance fund 371 (2/29) (1„0t58)
Small project allocations fund 102 (29,925) (29,823)
NGG16 boiler appeal fund 9 9
Third class saloon fund
Coronavirus
appeal fund
17,129
20478
~25219 17,129
~359
210,459 (119,013) 91,446
Restricted furids
NG15 project fund 5,406 (6,418) (1,012)
Kl project fund 667 667
6073 ~6418 345
TOTAL FUNDS 216532 ~125431) 91101

Net Transfers
movement between At
At 1.1..19 in funds funds 31.12.19
Unrestricted
funds
Uncommitted
fund
17,285 196,586 (212,701) 1,170
Historical
railway assets
fund 700 700
Station View property fund 225,374 225,374
Station View maintenance fund 7,670 (9,802) 6,000 3,868
NG15 contingency
fund
70,000 20,000 90,000
Small project allocations fund 25,008. (11,926) 16,330 29;412
Gwyrfai carriage appeal fund 60,622 (91,296) 30,674
NGG16 boiler appeal fund 23,675 (14,974) 8,701
Third class saloon fund 28,551 20,588 49,139
Dinas facilities contingency fund 119,109 119,109
430,334 97,139 527,473
Restricted funds
NG15 project fund 58,572 (36,274) 22,298
Kl project fund 30,504 820 31,324
89,076 ~35,454 53,622
TOTAL FUNDS 519,410 61,685 581,095
Comparative
net movement
in 2019funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted
funds
Uncommitted
fund
223,672 (27,086) 196,586
Station View maintenance fund 3,054 (12,856) (9,802)
Small project allocations fund 1 (11,927) (11,926)
Gwyrfai -carriage appeal fund 40 (91,336) (91,296)
NGG16 boiler appeal fund 26 (15,000) (14,974)
Third class saloon fund 28,551 28,551
255,344 (158405) 97,139
Restricted funds
NG15 project fund 4,906 (41,180) (36,274)
Kl project fund 820 820
5,726 ~41,180) ~35454)
TOTAL FUNDS 261,070 ~199,385) 61,685

Net Transfers
movement betweea Af
At 1.1.19 in funds funds 31.12.20
f.
Unrestricted
funds
Uacommitted
fund
17,285 299,416 (170,568) 146,133
Historical railway assets fund 700 700
Station View property fund 225,374 225,374
Station View maintenance fund 7,670 (11,760) 12,000 7,910
NG15 contingency fund 70,000. 20,000. 90,000
Sinall project allocations fund 25,008 (41,749) 58,520 41,779
NGG16 boiler appeal fund 23,675 (14,965) 8,710
Third class salooa fund 45,680 42,939 88,619
Dinas facilities contingency fuad 5,225 5,225
Coronavirus
appeal
fund 3,259 3,259
369,712 279,881 (31,884) 617,709
Restricted funds
NG15 project fund 58,572 (37486) 1,210 22,496
Kl project fund 30,504 1,487 31,991
89,076 (35,799) 1,210 54,487
TOTAL FUNDS 519,410 152,786 672,196
Incoming Resources Movement
resources expended in funds
Unrestricted
funds
Uncommitted
fund
388,042 (88,626) 299,416
Station View maintenance fund- 3,425' (1'5,1'85')' (11',760)'
Small project allocations fund 103 (41,852) (41,749)
NGG16 boiler appeal fund 35 (15,000) (14,965)
Third class saloon fuad 45,680 45,680
Coronavirus
appeal fund
28,478 ~25,219) 3,259
465,763 (185,882) 279,881
Restricted funds
NG15 project fund 10,312 (47,598) (37,286)
Kl'project fund' 1;487 1,48?
11,799 ~47,598 ~35,799)
TOTAL FUNDS 477602 ~324,816) 152786

Unrestricted Unrestricted Funds Funds
Seethe Reserves Policy for full details - maintained
at a higher level this year to
allow greater flexibility for the trustees to respond to the challenges
posed by
Covid-19.
Desi ated Funds
Designated
Funds generally
are funds which have been allocated by the trustees for
particular
purposes within the scope ofthe charitable objectives but which can, if
appropriate
be reallocated at the trustees'
discretion.
Station View Ca ital This represents
the historical acquisition
cost ofStation View and its capital value
Fund is subject toperiodical revaluations.
Historical Railwa The historical valuation ofa small collection ofrailway heritage
items donated or
Assets purchased
by the Charity over the years.
NGG16 boiler The residue ofthe proceeds ofthe 2018 annual
appeal together with funds
additionally
allocated to this project by the trustees, the money will be paid over
to the FRCo as and when work on 143'sboiler is completed
and the cost claimed
by the FRCo
Third class saloon Proceeds ofthe 2019and 2020 annual
appeal together with funds additionally
allocated
to this project by the Trustees. Funds continue to accumulate
during
2021.The money will be paid over to the FRCo as and when work on the
carriage, provisionally
numbered
2050, commences
and the cost claimed by the
FRCo.
Smaller Pro'ects Allocated by the trustees to provide for small scale projects and purchases
within
Allocation the scope ofthe charitable
objectives.
Station View Pro e Net income and expenditure
relating to use ofStation View as volunteer
Fund accommodation.
In addition the trustees allocate a subsidy of66,000pa to this
fund.
~NG15 Pm'ect Funds allocated by the trustees to support restoration ofNG15 locomotive
number
~Contin enc 134.This fund is separate Irom the NG15 Restricted Fund but has the same
purpose.
Dinas Facilities Funds allocated by the trustees to support provision ofworkshop
space at Dinas
~Contin enc for the use ofvolunteers.
This fund was accumulated
&om legacies left to the
Society. A substantial
part ofthe fund was reallocated by the trustees in the course
of2020to provide continuing
emergency
support to the FRCo.
Coronavirus A eal Society has worked with the railways'
two other supporting
charities, the
Ffestiniog k Welsh Kghland
Railways Trust and the Ffestin'iog Railway Society,
to manage an emergency
appeal on to support the railways
through
the Covid-19
pandemic. Funds were donated through each ofthe three charities.
Restricted Funds
Restricted Funds are funds held by the Trustees and which can only be used for that
speciflc purpose, they cannot be reallocatecL