## **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 1 ## **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 2 ## **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| |---|---|---| 3 ## **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 4 ## **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| |---|---|---| 5 ## **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| |---|---|---| 6