Company registration number: 04294363 Charity registration number: 1095790
East Kent Railway Trust (A company limited by guarantee)
Financial Report
31 January 2022
Company registration number: 04294363 Charity registration number: 1095790
East Kent Railway Trust
(A company limited by guarantee)
Trustees' Report
The trustees, who are also the directors East Kent Railway Trust for the purpose of company law, present the annual report together with the financial statements of the charitable company for the period ended 31 January 2022.
The year ending 31st January, 2022 was a year of diminished progress. The Coved-19 pandemic lockdown resulted in loss of revenue, the effects of which we are still feeling. This has halted the opening of our new museum. Other projects continue but at a slower pace.
Trustee Directors
The trustee directors shown below held office during the whole of the period to 31st January 2022
Mr D Harris Mr A C Coe Mr A Hodges Mr A Fox Mr K Caley Mr C Keverne Mr D Macey
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the trustees of the charity on 30 October 2022 and signed on its behalf.
Mr D Harris Chairman and Trustee
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East Kent Railway Trust
Independent Examiner's Report to the trustees of East Kent Railway Trust
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the period ended 31 January 2022
Responsibilities and basis of report
As the charity’s trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”)
Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.
I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:
• accounting records were not kept in accordance with section 386 of the Companies Act 2006;or
• the accounts do not accord with such records; or
• the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
•the accounts have not been prepared in accordance with the Charities SORP (FRS102).
Red Business Solutions Limited Accountants
35 Coxhill Gardens River Dover Kent CT17 0PX
30 October 2022
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East Kent Railway Trust Profit and Loss Account for the year ended 31 January 2022
| Turnover Direct Costs Gross profit Administrative expenses Operating profit Profit before taxation Tax on profit Profit for the financial year |
2022 £ 103,307 (36,294) 67,013 (51,142) 15,871 15,871 - 15,871 |
2021 £ 54,122 (11,636) 42,486 (32,528) 9,958 9,958 - 9,958 |
|---|---|---|
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Company registration number: 04294363 Charity registration number: 1095790
East Kent Railway Trust
(A company limited by guarantee)
Balance Sheet as at 31st January 2022
| Notes Fixed assets Tangible assets 3 Current assets Debtors 4 Cash at bank and in hand Creditors: amounts falling due within one year 5 Net current assets Net assets Capital and reserves Other Reserves Profit and loss account |
2022 £ 196,506 7,117 43,007 50,124 (31,188) 18,936 215,442 54,101 161,341 215,442 |
2021 £ 187,030 11,512 30,160 41,672 (29,131) 12,541 199,571 54,101 145,470 199,571 |
|---|---|---|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr D Harris Chairman and Trustee Approved by the board on 30 October 2022
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East Kent Railway Trust Detailed profit and loss account for the year ended 31 January 2022
This schedule does not form part of the statutory accounts
| Turnover Direct Costs Gross profit Administrative expenses Operating profit Profit before tax |
2022 £ 103,307 (36,294) 67,013 (51,142) 15,871 15,871 |
2021 £ 54,122 (11,636) 42,486 (32,528) 9,958 9,958 |
|---|---|---|
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East Kent Railway Trust Detailed profit and loss account for the year ended 31 January 2022
| Sales Donations Membership Insurance and rent recovered Other income Direct Costs Repairs and maintenance Fuel Other direct costs Administrative expenses Premises costs: Rates and water Light and heat General administrative expenses: Telephone and internet Postage and stationery Advertising Insurance Licences and subscriptions Waste Depreciation Legal and professional costs: Accountancy fees Bookkeeping |
2022 £ 45,829 2,625 18,856 35,997 103,307 26,076 1,829 8,389 36,294 507 11,842 12,349 1,025 3,086 1,465 8,663 1,198 1,004 19,239 35,680 521 1,920 2,441 51,142 |
2021 £ 23,033 3,887 12,188 15,014 54,122 7,649 867 3,120 11,636 405 8,745 9,150 1,209 3,685 1,650 7,650 247 410 7,362 22,213 525 640 1,165 32,528 |
|---|---|---|
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