REGISTERED COMPANY NUMBER: 04785581 (England and Wales)
REGISTERED CHARITY NUMBER: 1100537
6880 BEThON GRANGE (SOCIETY) LIMITED
UNAUDITED FINANCIAL sfATEMENTS
FOR THE YEAR ENDED
30 JUNE 2024

6880 BETTON GRANGE (SOCIETY) UMITED
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
Page
Report of the Trustees
I to 3
Xndependent Examlner's Report
statement of Financial Activltles
Statement of Flnancial Posltlon
6 to 7
Notes to the Financial Statements
8 to 16

6880 BErroN GRANGE (SOCIETY) UMITED (REGISTERED NUMBER: 04785581)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2024
The trustees who are also directors of the charlty for the purposes of the Companies Act 2006, present
their report with the financial statements of the charity for the year ended 30 June 2024. The trustees
have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended
Practlce applicable to charities preparing their accounts in accordance with the Flnancial Reporting
Standard applicable In the UK and Republlc of Ireland {FRS 102) (effective l January 20191.
OBJECTIVES AND ACTIVITIES
Objectives and aims
To construct, operate and exhibit for public benefit and educational and Instructional purposes
locomotives of historic or scientific importance.
While many of the other Great Western classes survived into preservation, from a Class of 80 locomotives
no 'Granges' survived the cutters torch. The 6880 Society was formed wlth the sole intention of
recreating a Great Western 'Grange' class locomotive, which now completed becomes the 81st 'Grange'
Significant activities
On the 27th of April Betton Grange pulled carriages for the very first tlme. On board were some of the
120 members and guests who attended the official launch of 6880 Betton Grange at the Tyseley
locomotive works on a wet and gloomy Saturday in Birmingham. That had followed an eartier test
steaming witnessed by a handful of society directors and working members as our chalrman Quentln
McGuinness proudly opened the regulator for the very first time on Thursday the I Ith of April.
ACHIEVEMENT AND PERFORMANCE
Charitable artlvltles
Entry into revenue earning trafffic started at the Gloucestershire Warwickshire Steam Railway and took
place in time for their Cotswold Festival of Steam Gala, and it was a proud moment for the directors and
those members present to see 6880 pull its first revenue earning traln out of Toddington on Friday the
25th of May.
Following the spell in the Cotswolds, Betton Grange moved onto the West Somerset Railway for a month
in the 5umrner followed by an extended stay at the North Norfolk Railway.
Fundraising a¢tlvlties
There are many ways we try to raise funds apart from mernbership fees that are paid on a monthly basis
by a number of people.
Betton Grange have a sales stand that sells various branded goods, this stand goes to a number of
events throughout the year. We also sell items via our webslte. Another way of raising funds is via our
eBay page where we sell items that have been donated to us.
Easy Fundraising is another way that we raise funds along with having a TETh Donate appeal on an ad
hoc basis.
A number of new fund raising Inbtiatives are now being launched to help with much needed cash reserves
to enable the work to start on the building of a new tender suitable to operate long term with Betton
Grange.
FINANCIAL REVIEW
Financial posltlon
We are sure that all rnembers and supporters are delighted by the news that Betton Is at last in steam
but there is still some way to go, as to get ehe locomotive complete has taken us significantly over
budget and interest free loans had to be secured to see the work "over the Ilne" With the boiler ticket
already running from last year, we had no choice other than to complete the work, as to put everything
on holij whllst further funds were raised could have set us back at least a year or more.
The locomotive will now start earning steaming fees as it goes out on hire to various railways this year,
but this alone will not be enough to repay the loans and pay for ongoing maintenance, 50 we need to
contlnue our fundraising efforts to maximise our income over the coming years.
Page I

6880 BErroN GRANGE (SOCIETY) LIMITED (REGISTERED NUMBER: 04785581)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2024
FINANCIAL REVIEW
Principal funding sources
The principal fund raising sources are,.
Membership fees
Donations
Sales events
Locomotive hire
Reserves policy
The trustees have no formal reserves policy but aim to maintain sufficient funds that allow a certain
amount of financial security, but also to take advantage of opportunities to acquire spares and parts as
they becorne available.
FUTURE PLANS
Attention will now turn to the building of our own tender for the locomotive. The Foxcote Manor Society
have kindly allowed us to hire their tender whilst their locomotive is undergoing a full comprehensive 10
year overall. We have to raise the money to complete our own Collett 3,500 gallon tender as soon as
possible and with a new tank required and the chassis to be built up from old components, which will
need complete refurbishrnent, this is likely to cost us as much as £200,000. Construction will continue at
Tyseley locomotlve Works which remains our engineering base, we have many of the parts needed but
inevitably a number of new parts will be required, as well as parts that need professional input for
restoration.
We are pleased to be able to tell you that 6880 will travel from Norfolk to the Battlefield line in
Leicestershire to provlde steam power for Christmas, but beyond that, dlscussion5 are still taking place
with a number of railways for locomotive hire in 2025.
Contracts have been exchanged following a recent meeting between the Gloucestershire Warwickshire
Steam Railway (GWSR) and the 6880 Betton Grange Society, for the newly-built Great Western
Railway-designed 'Grange' class 4-6-0 to be based on the Cotswold railway, for the foreseeable future.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The 6880 Betton Grange (Society) Limited is a charity established and governed by Memorandum and
Articles of Association dated 3rd June 2003
Recruitment and appointrnent of new trustees
The appointment of new trustees are in accordance wlth the provislons held withln the Company
Memorandum and Articles of Association.
Related parties
5199 PROJECT.. Mernbers of thls associated locomotive project formed the nucleus of the team that
created The Betton Grange Society. There is a shared use of eqtjipment owned by both Projects and
some mutually acceptable swopping of certain components for practical reasons.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
04785581 (England and Wales)
Registered Charlty number
1100537
Registered office
43 45 Devizes Road
Swindon
Wiltshire
SNI 48G
Page 2

6880 BEThON GRANGE (SOCIETY) LIMITED (REGISTERED NUMBER: 04785581)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDeD 30 JUNE 2024
Trustees
Mr Q D McGuinness (resigned 28.7.24)
Mr D E Huntbatch
Mr P A Appleton
Mr R J Cadge
Mrs E McGuSnness (resigned 28.7.24)
Mrc J Moore
Mrs L M Moore
Company Secretary
Mr I Sumbler FCCA
Independent Examiner
Mr S Nuttall FCA
McGills
Chartered Accountants
Oakley House
Tetbury Road
Cirencester
Gloucestershire
GL7 IUS
STATEMENT OF TRUSTEES. RESPONSIBILITIES
The trustees (who are also the directors of 6880 Betton Grange (Society) Limited for the purposes of
company law) are responsible for preparlng the Report of the Trustees and the finanaal statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice) including Financial Reporting Standard 102 'The Fbnancial Reporting
Standard applicable in the UK and Republlc of Ireland.
Company law requires the trustees to prepare financial statements for each flnancial year which give a
true and fair view of the state of affairs of the charitable company and of the incoming resources and
application of resources, including the income and expenditure, of the charitable company for that period.
In preparing those financial statements, the trustees are required to
select suitsble accounting policies and then apply them conslstentlyi
observe the methods and principles in the Charity SORP;
make Judgements and estlmates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to p￿Surne that
the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which dlsclose with reasonable
accuracy at any time the financial position of the charitable company and to enable them to ensure that
the financial statements comply with the Cornpanies Act 2006. They are also responsible for safeguarding
the assets of the charitable company and hence for taking reasonable steps for the prevention and
detection of frauit and other irregularitie5.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act
2006 relating to small companies.
Approved by order of the board of trustees on 6 January 2025 and signed on its behalf by:
Mr R J Cadge - Trustee
Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
6880 8EThON GRANGE (SOCIETY) LIMITED
Independent examiner's report to the trustees of 6880 Betton Grange (Society) Limited ('the
Company,)
I report to the charity trustees on my exaii)iiiation of the accounts of the Company for the year ended
30 June 2024.
Responsibilities and basis of report
As the charity's trustees of the Company land also its direttors for the purposes of company lawl you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies
Act 2006 I'the 2006 Act'}.
Having sat15fied myself that the accounts of the Company are not required to be audited under Part 16 of
the 2006 Att and are ellgible for independent examination, I report in respect Df my examination of your
charlty's accounts as carried out under Section 145 of the Charltles Att 2011 {'the 2011 Act'l. In carrying
out my examination I have followed the Direcdon5 given by the Charity Commission under Sectlon
14515) Ib) of the 2011 Act.
Independent examlner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection
wlth the examination giving me cause to believe..
accounting records were not kept in respect of the Cornpany as required by Sectlon 386 of the
2006 Act; or
the accounts do not accord with those records,. or
the accounts do not comply with the accounting requirements of Sectlon 396 of the 2006 Act other
than any requirement that the accounts give a true and fair view whlch is not a matter considered
as part of an independent examlnation. or
the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Prartice for accounting and reporting by charltles (applicable to
charities preparing their accounts in accordance with the Financial Reportlng Standard applicable
In the UK and Republic of Ireland (FRS 1021).
I have no concerns and have come across no other matters in connection with the examlnation to which
attention should be drawn in this report In order to enable a proper understandlng of the accounts to be
reached.
Mr S Nuttall FCA
McGills
Chartered Accountants
Oakley House
Tetbury Road
Cirencester
Gloucestershire
GL7 IUS
Date:
/4.2.£J
Page 4

6880 BE￿0￿ GRANGE (SOCIETY) LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 30 JUNE 2024
2024
Unrestricted
funds
2023
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
60,753
63,676
Charitable artivities
Tender appeal
Locomotive fees
14,465
5,100
3,310
Other trading activities
2,516
1,755
Total
82,834
68,741
EXPENDITURE ON
Raising funds
2,262
850
Charitable activities
Administrative costs
Locomotive operating costs
3,402
35,712
5,720
7,033
Total
41,376
13,603
NET INCOME
41,458
55,138
RECONCILIATION OF FUNDS
Total funds brought forward
1,139,365
1,084,227
TOTAL FUNDS CARRIED FORWARD
1,180,823
1,139,365
The notes form part of these financial ststements
Page 5

6880 BErroN GRANGE (SOCIETY) LIMITED (REGISTERED NUMBER: 04785581)
STATEMENT OF FINANCIAL P0S￿ION
30 JUNE 2024
2024
Unrestricted
funds
2023
Total
funds
Notes
FIXED ASSETS
Intangible assets
Tangible assets
Heritage assets
340
807
1,363.296
340
1,077
1,125,864
12
13
1,364,443
1.127,281
CURRENT ASSETS
stocks
Debtors
Cash at bank and in hand
14
15
2,000
13,620
4,620
850
17,640
51,564
20,240
70,054
CREDITORS
Arnounts falling due within one year
16
(183,860)
{57,970)
NET CURRENT ASSETS
(163,620)
12,084
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,200,823
1, 139,365
CREDITORS
Amounts falling due after MO￿ than one
year
17
(20,000)
NET ASSETS
1,180,823
1, 139,365
FUNDS
Unrestricted funds
19
1,180,823
1,139,365
TOTAL FUNDS
1,180,823
1,139,365
The charitable company Is entitled to exemption from audit under Section 477 of the Companies Act 2006
for the year ended 30 June 2024.
The members have not required the company to obtain an audit of its financial statements for the year
ended 30 June 2024 in accordance with Section 476 of the Companies Art 2006.
The trustees acknowledge their responslbillties for
(al
ensuring that the charitable company keeps accountlng records that comply with Sections 386 and
387 of the Companies Att 2006 and
preparing financial statements which give a true and faTr view of the state of affairs of the
charitable company as at the end of each financial year and of its surplus or deficit for each
financial year in accordance with the requirements of Sectlons 394 and 395 and which otherwise
comply with the requirements of the Companies Act 2006 ￿lating to flnancial statements, so Far as
applicable to the charitable company.
(bl
The notes fonm part of these financial staternents
Page 6
continued...

6880 BETTON GRANGE (SOCIETY) LIMITED (REGISTERED NUMBER: 04785581)
STATEMENT OF FINANCIAL POSThION - continued
30 JUNE 2024
These financial statements have been prepa￿d in accordance with the provisions applicable to charitable
companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on
6 January 2025 and were signed on Its behalf by:
Mr R J Cadge - Trustee
The notes form part of these flnanclal statements
Page 7

6880 B￿rON GRANGE (SOCIETY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
CHARITY INFORMATION
The company is a company limited by guarantee and incorporated in England and Wale5, and a
registered charity with the Charity Commission in England and Wales,
The registered Offi￿ address is 43 -45 Devizes Road, Swindon, wiltshire SNI 4BG
These financial statements are presenteé in British Pounds (GBP), whlch is the charity's functional
and presentational currency.
ACCOUNTING POLICIES
Basis of proparlng the financial statements
The financial statement5 of the charitable company, which is a public benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting
by Charities.. Ststernent of Fiecommended Prartice applicable to charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
{FRS 102) (effective l January 20151,, FInanc￿al Reporting Standard 102 The Financial Reporting
Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial
statements have been prepared under the historical cost convention.
Financial reportlng standard 102- reduced disclosure exemptions
The charity has taken exemption from preparing a cash flow statement under the charities SORP
{FRS 102} Update Bulletin l issued on 2 February 2016, as the charity constitutes a small charity.
Incorne
All income Is recognised in the Statement of Financial Activities once the charity has entidernent to
the fund5, It Is probable that the income will be recelved and the amount can be rneasu￿d reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that a transfer of economic beneflts will
be required in settlement and the arnount of the obligation can be measured reliably. Expenditure
is accounted for on an accruals basis and has been classlfied under headings that aggregate all
cost ￿lated to the category. Where costs cannot be directly attributed to particular headings they
have been allocated to activlties on a basis consistent with the use of resources.
Intangible asset
During 2018 the Charity created a 6880 trademark to help protect the brand image in use and in
2021 a second trademark was registered to further strengthen the brand irnage. In view of the
relatively small costs involved, and longevity of the trademarks, no amortisation Is being applied
on the basis it would be immaterial to the accounts as a whole.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its
estlmated useful life.
Marquee & Container
Equipment
250/0 on reduclng balance
25Wo on reduclng balance
Herltsge assets
The Heritage assets are ststed at historlcal cost, together with the accumulated costs of
storation to working order as incurred. Due to the 5peclal nature of the assets, it is considered
impractical to adopt a policy of revaluation.
The trustees consider the assets each year in temis of impaimient. Should any impairment arise
this will be charged to the statement of financial activities in the year in which it occurs. Generally
the trustees believe that assets appreciate In value and therefore no policy of depreciation 15
applied in order to show a true and fair view.
Page 8
continued...

6880 BE￿oN GRANGE (SOCIETY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024
ACCOUNTING POLICIES- continued
Heritage assets
The boiler is being treated as a component asset within the overall constructlon of the locomotive
and is subject to depreciation at IOLTrh straight line, starting at the point the 10 year boiler
certSfScate was Issued in April 2023.
stocks
Stock5 are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.
Taxation
The charity Is exempt from corporation tax on Its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the
charity. Restrictions arise when specified by the donor or when funds are raised for particular
restricted PLFrposes.
Further explanation of the nature and purpose of each ftjnd Is included in the notes to the financial
statements.
DONATIONS AND LEGACIES
2024
2023
Donations
Gift aid
Members subscriptions
21,482
25,128
14,143
33,539
16,333
13,804
60,753
63,676
OTHER TRADING ACTIVITIES
2024
2023
Sales
Other income
2,516
1,682
73
2,516
1,755
Page 9
continued...

6880 BErroN GRANGE (SOCIETY) LIMITED
NOTES TO THE FXNANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024
INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Activity
Tender appeal
Locomotive fees
Tender appeal
Locomotive fees
14,465
5,100
3,310
19,565
3,310
CHARITABLE ACTIVITIES COSTS
Direct
Costs {see
note 71
Support
costs
Tota15
Administrative costs
Locomotive operating costs
3,402
3,402
35,712
35,712
35,712
3,402
39,114
DIRECT cosrs OF CHARITABLE ArnVITIES
2024
2023
Hire of tender
Repairs and renewals
Event and membership costs
Depreciation
6,450
1,130
807
293
7,033
28,132
35.712
8,133
NET INCOME/(EXPENDITURE)
Net incomellexpenditure) is stated after charglng/{crediting)'.
2024
2023
Depreciation owned assets
Depreciation - Betton Grange boiler
270
28,132
360
7,033
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 30 June 2024 nor for
the year ended 30 June 2023.
Trustees, expenses
There were no trustees, expenses paid for the year ended 30 June 2024 nor for the year ended
30 June 2023.
Page 10
continued...

6880 BEThON GRANGE (SOCIETY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfIvITIES
Unrestricted
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
63,676
Charitable actlvities
Tender appeal
3,310
Other trading activities
1,755
Total
68,741
EXPENDITURE ON
Raising funds
850
Charitable activities
Administrative costs
Locornotive operating costs
5,720
7,033
Total
13,603
NET INCOME
55.138
RECONCILIATION OF FUNDS
Total funds brought forward
1,084,227
TOTAL FUNDS CARRIED FORWARD
1,139,365
11. INTANGIBLE FIXED ASSErs
Trademark
COST
At l July 2023 and 30 June 2024
340
BOOK VALUE
At 30 June 2024
340
At 30 June 2023
340
Page 11
continued...

6880 8EThON GFiANGE (SOCIETY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024
12. TANGIBLE FIXED ASSErs
Marquee &
Container
Equipment
Totals
cosr
At l July 2023 and 30 June 2024
8,722
14,666
23,388
DEPRECIATION
At l July 2023
Charge for year
8,150
143
14,161
127
22,311
270
At 30 June 2024
8,293
14,288
22.581
NET BOOK VALUE
At 30 June 2024
429
378
807
At 30 June 2023
572
505
1,077
13. HERITAGE ASSETS
Total
MARKET VALUE
At l July 2023
Addition5
1,132,897
265,564
At 30 June 2024
1,398,461
PROVISIONS
At l July 2023
Charge for year
7,033
28,132
At 30 June 2024
35,165
NET BOOK VALUE
At 30 June 2024
1,363,296
At 30 June 2023
1,125,864
Heritage assets comprise Betton Grange (now operationall, plus £40,000 the society paid in
February 2010 for the unrestored locomotlve 5952 Cogan Hall.
The front bogie of Cogan Hall h35 been removed to assist in the construction of 6880 Betton
Grange. The 6880 Society have promised that Cogan Hall will be restored in her own right and
their long-term aim is to have both 6880 and 5952 working together
The boiler was klndly donated to 6880 by the Vale of Glamorgan Council from their unrestored
locomotive 7927 Willington Hall. 6880 carried the Barry Shedplate code 88C as a ￿cOgnItion of
this valuable donation when unveiled to the members in Aprll.
Page 12
continued...

6880 BEThON GRANGE (SOCIETY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNe 2024
14. STOCKS
2024
2023
Stocks
2,000
850
15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Other debtors
VAT
6,120
7,500
12,500
5,140
13,620
17,640
16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other loans {see note 181
Trade creditors
VAT
Accrued expenses
140,000
43,578
57
225
20,000
37,745
225
183,860
57,970
17. CREDITORS: AMOVNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024
2023
Other loans {see note 18)
20,000
18. LOANS
An analysls of the maturity of loans is given below..
2024
2023
Amounts falling due within one year on demand..
Other loans
Trustee loans
Relate¢J party loan
40,000
70,000
30,000
20,000
140,000
20,000
Amounts falllng between one and two years..
Related party loan
20,000
A rnember of the Society kindly provided a number of years ago an interest free loan of £20,000 to
help with the funding of the Boiler refurbishment.
Further funds have been sought this year to help with the completion of the locomotive. The
trustees felt this was an important step to take as the boiler certificate was "ticking" and any more
time lost completing the build would be detrimental to the project as a whole.
member kindly provided £20,000 to be used for this,
the trustees provided £70,000 of their own monies to help.
a formal loan was drawn up between the Society and 5199 Project whlch has repayment tems
over 20 months starting in August 2024.
Page 13
continued...

6880 BErroN GRANGE (SOCIEfY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024
19. MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
30.6.24
At 1.7.23
Unrestricted funds
General fund
Boller appeal
Tender appeal
860,128
254,287
24,950
55,125
(28,132)
14,465
35,604
950,857
226,155
3,811
(35,604)
1,139,365
41,458
1,180,823
TOTAL FLINDS
1,139,365
41,458
1,180,823
Net movement in funds, Included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
Boiler appeal
Tender appeal
68,369
(13,244)
(28,132}
55,125
(28,132)
14,465
14,465
82,834
(41,376)
41,458
TOTAL FUNDS
82,834
(41,376)
41,458
Comparatives for movement in funds
Net
movement
in funds
At
30.6.23
At 1.7.22
Unrestricted funds
Genernl fund
Boiler appeal
Tender appeal
801,267
261,320
21,640
58,861
17,033)
3,310
860,128
254,287
24,950
1,084,227
55,138
1,139,365
TOTAL FUNDS
1,084,227
55,138
1, 139,365
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
Boiler appeal
Tender appeal
65,431
{6,570)
{7,033)
58,861
{7,033)
3,310
3,310
68,741
(13,6031
55,138
TOTAL FUNDS
68,741
113,603)
55,138
Page 14
contlnued...

6880 BETTON GRANGE (50CIETY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 30 JUNE 2024
19.
MOVEMENT IN FUNDS- contlnued
A current year 12 months and prior year 12 months combined position Ss as follows:
Net
movement
in funds
Transfers
between
funds
At
30.6.24
At 1.7.22
Unrestricted funds
General fund
Boiler appeal
Tender appeal
801,267
261,320
21,640
113,986
{35,165)
17,775
35,604
950,857
226,155
3,811
{35,604)
1,084,227
96,596
1,180,823
TOTAL FUNDS
1,084,227
96,596
1, 180,823
A current year 12 rnonths and prior year 12 months comblned net movement in funds, included in
the above are as follows:
Incoming
resources
Resources
expended
Movernent
in funds
Unrestrlcted funds
General fund
Boiler appeal
Tender appeal
133,800
119,8141
{35,1651
113,986
135,165)
17,775
17,775
151,575
(54,979)
96,596
TOTAL FUNDS
151,575
154,979)
96,596
Transfers between fund$
The trustees chose to utllise funds that had been collected with the purpose of supporting the
Tender appeal, to help with the financing tsf the locomotive cornpletion. This equated to an amount
'borrowed" from this fund of £35,604 and is shown above.
20. RELATED PARTY DISCLOSURES
5199 PROJECT.. Members of this associated locomotive project formed the nucleus of the team that
created The Betton Grange Society. There Is a shared use of equipment owned by both Projects
and some mutually a¢￿ptable swopping of certain components for practical reasons.
A loan from the 5199 Projett was glven to the Society to help support the completion costs of the
engine bulld. Formal documentatlon was drawn up and the loan will be repaid over the course of
the next 20 months as disclosed in note 18 to these accounts.
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continued...

6880 BETfoN GRANGE ISOCIEfY) LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024
21. ULTIMATE CONTROLLING PARTY
There is no one ultlmate controlling party. Control of the charitable company lies with the trustees.
22. MEMBERS GUARANTEE
The company is limited by the guarantee of the mernbers. The liability of the members is limited to
£10 on the winding up of the company.
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