Registered Number 4616639 Lincolnshire Vintage Vehicle Society Ltd Reports & Accounts 31 December 2020 Lincolnshire Vintage Vehicle Society Ltd Registered Number 4616639 Directors Report The trustees who are also directors of the charity for the Purposes of the Companies Act 2006, present their report and accounts for the year ending 31 December 2020 Principal Activities The company is limited by guarantee and is governed by its Memorandum and articles of association and its principal Activity during the year continued to be the operation of an Accredited road transport museum and the operation of its Vehicles as an educational service to the public. Directors The following persons served as directors during the year Paul Bratley Alexander Johnson Bruce Peter Cairns Pamela Anne Francis Susan Kathleen Howe Michael David Gallagher Steven Philip Milner 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 The report was approved by the board on 21[st] October 2021 and Signed on its behalf SP Milner Chairman Independent Examiners Report I have examined the books, records and vouchers of the Lincolnshire Vintage Vehicle Society Limited for the year Ending 31[st] December 2020 and from the information and Explanations given to me certify that these accounts are In accordance with and represent a true and fair view of The state of affairs of the society at that date. Nigel Rhodes ACIB, Independent Examiner 7 October 2021 The Compani Principal Activities LINCOLNSHIRE VINTAGE VEHICLE SOCIETY LTD Reports & Accounts 31[st] December 2020 ## **Lincolnshire Vintage Vehicle Society Ltd Income and Expenditure Year End 31 December 2020** |**INCOME**
Subscriptions
Donations
Museum Support
Museum Admission
Vehicle Repairs & Maintenance
Vehicle Hire
Events Income over expenditure
Asset realistation
Sundry Income
Catering income over expenditure
Bank Interest
Gift Aid
Covid 19 Grant
**EXPENSES**
Con-Rod
Publicity
Premises, services, repairs
Admission card costs
Vehicle Repairs & Maintenance
Contract fees paid to attendants
Legal expenses
Depreciation
General and administrative expenses
Direct purchases by catering account
Insurance
**Income less expenditure**|**2020**
**£**
4,493.00
2,003.79
8,568.70
364.00
350.00
735.40
377.53
2,534.66
5,041.48
6,000.00
**###**
2,357.00
255.00
4,322.37
0.54
9,311.37
35.00
254.00
1,256.81
200.27
7,424.20
**###**
**5,052.00**|**2019**
**£**
5,304.00
3,955.00
8,641.00
6,161.00
5,174.00
744.00
13,332.00
2,549.00
1,916.00
4,642.00
3,281.00
3,585.00| |---|---|---| |||**###**
1,646.00
342.00
3,962.00
247.00
5,761.00
5,073.00
98.00
282.00
7,676.00
553.00
7,250.00| |||**###**
**###**| ## **Lincolnshire Vintage Vehicle Society Ltd Balance Sheet Year End 31 December 2020** |**2020**
**£**
**FIXED ASSETS**
Tangible Assets
2
1,234,982
**CURRENT ASSETS**
**Stocks**
1,887
**Cash at bank and in hand**
3
299,222
301,109
**creditors**
-350
Net current assets
300,759
**NET ASSETS**
**1,535,741**|**2019**
**£**
1,235,236
1,887
293,916| |---|---| ||295,803
-350
295,453| ||**1,530,689**| ## **Notes** ## **1. Accounting Policies** ## **Basis of preparation** The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for smaller entities. ## **Depreciation** Depreciation has been provided at the following rates in order to write off the asset over their estimated useful lives. Pland and machinery: 10% reducing balance. The directors consider that the value of land and buildings and the motor vehicle collection are likely to appreciate and it is therefore inappropriate to depreciate the ## **Stocks** Stock is vauled at the lower cost and net realisable value. ## **2. Tangible Fixed Assets** |**2. Tangible Fixed Assets**|||| |---|---|---|---| ||**Land and**|**Plant and**|**Motor**| ||**buildings **|**machinery**|**vehicles**| ||**£**|**£**|**£**| |Valuation as at 31 December 2019|875,000|2,536|357,700| |Depreciation charge for the year||-254|| |**Valuation as at 31 December 2020**|**875,000**|**2,282**|**357,700**| ## **3. Cash at Bank** |**3. Cash at Bank**|| |---|---| |Natwest Acct 1|453.63| |Natwest Acct 2|2,946.41| |Barclays|11,547.78| |Virgin|35,418.81| |Nationwide Instant|3.95| |Nationwide 95 days|85,215.41| |Shawbrook|56,149.66| |CCLA|4.04| |Cambridge|88,438.75| |Catering|19,044.22| ## **299,222.66** Total 1,235,236 -254 1,234.982 Registered Number 4616639 Lincolnshire Vintage Vehicle Society Ltd Reports & Accounts 31 December 2020 Lincolnshire Vintage Vehicle Society Ltd Registered Number 4616639 Directors Report The trustees who are also directors of the charity for the Purposes of the Companies Act 2006, present their report and accounts for the year ending 31 December 2020 Principal Activities The company is limited by guarantee and is governed by its Memorandum and articles of association and its principal Activity during the year continued to be the operation of an Accredited road transport museum and the operation of its Vehicles as an educational service to the public. Directors The following persons served as directors during the year Paul Bratley Alexander Johnson Bruce Peter Cairns Pamela Anne Francis Susan Kathleen Howe Michael David Gallagher Steven Philip Milner 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 The report was approved by the board on 21[st] October 2021 and Signed on its behalf SP Milner Chairman Independent Examiners Report I have examined the books, records and vouchers of the Lincolnshire Vintage Vehicle Society Limited for the year Ending 31[st] December 2020 and from the information and Explanations given to me certify that these accounts are In accordance with and represent a true and fair view of The state of affairs of the society at that date. Nigel Rhodes ACIB, Independent Examiner 7 October 2021 The Compani Principal Activities LINCOLNSHIRE VINTAGE VEHICLE SOCIETY LTD Reports & Accounts 31[st] December 2020