2021-12-31-accounts - West Lancashire Light Railway Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

LIGirr AY ER M Sp411- Th181 Pa8¢ 5

Y	KARE	ED TDE E	B
				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	fund	funds	funds
	Notes	f.		g
INCOME AND ENDOWMENTS FROM
Donations and legacies	2	47,511	31,401	78,912	39,543
Charitable activities	3
Railway and education		60,427		60,427	31,803
Total		107,938	31,401	139,339	71,346
EXPENDITURE ON
Charitable activities
Railway and education		42,402	28,310	70,712	41,789
NET INCOME		65,536	3,091	68,627	29,557
Transfers between funds	15	19,699	(19,699)
Net movement ln funds		85,235	(16,608)	68,627	29,557
RECONCILIATION OF FUNDS
Total funds brought forward		117,559	123,704	241,263	211,706
TOTAL FUNDS CARRIED FORWARD		202,794	107,096	309,890	241,263

	RAIL	RAIL	AYTR
	MLA)DESI IEKTT
	STD	MB
				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	fund	funds	funds
	Notes		8		8
FIXEDASSETS
Tangible assets	9	136,193	235,476	371,669	354,412
CURRENT ASSETS
Stocks	10	8,392		8,392	8,392
Debtors	11	157		157	1,620
Cash at bank and in hand		59,852	10,220	70,072	62,219
		68,401	10,220	78,621	72,231
CREDITORS
Amounts falling due within one year	12	(1,800)	(31,000)	(32,800)	(16,380)
NET CURRENT ASSETS		66,601	(20,780)	45,821	55,851
TOTAL ASSETSLESSCURRENT
LIABILITIES		202,794	214,696	417,490	410,263
CREDITORS
Amounts falling due after more than one year	13		(107,600)	(107,600)	(169,000)
NKT ASSETS		202,794	107,096	309,890	241,263
FUNDS	15
Unrestricted funds:
General fund				66,601	29,023
Designated - fixed assets				136,193	88,536
				202,794	117,559
Restricted funds;
Restricted fund				107,096	123,704
TOTAL FUNDS				309,890	241,263

		THE V RK ED31 TD	THE V RK ED31 TD	THE V RK ED31 TD	EC MB R I
2.	DONATIONS	AND LEGACIES
						2021	2020
							8
	Donations					27403	29,543
	Grants					42,039
	Covid 19grant					9,670	10,000
						78,912	39,543
	Grants received, included			in the above, are as follows;
						2021	2020
	HLF grant					42,039
3.	INCOME FROM CHARITABLE ACTIVITIES
						2021	2020
				Activity
	Sales			Railway and education		56,417	25,617
	Subscriptions			Railway and education		4,010	6,186
						60,427	31,803
4.	CHARITABLE ACTIVITIES COSTS
						Support
					Direct	costs (see
					Costs	note 5)	Totals
							8
	Railway and education				68,912	1,800	70,712
5,	SUPPORT COSTS
							Governance
							costs
	Railway and education						1,800
	Support costs,	included	ht	the above, are as follows:
						2021	2020
						Railway
						and	Total
						education	activities
	Accountancy	fees				1,800	1,380

2021	2020I
2,372	2,497

There were no trustees' expenses paid for the year ended 31st December 2 31stDecember 2020.	There were no trustees' expenses paid for the year ended 31st December 2 31stDecember 2020.	021 nor for the	year ende
COMPARATIVES FOR TIIKSTATEMENT OFFINANCIAL ACTIVITIES
	Unrestricted	Restricted	Total
	fundsI	fund g	funds
INCOME AND ENDOWMENTS FROM
Donations and legacies	17,704	21,839	39,543
Charitable activities
Railway and education	31,803		31,803
Total	49,507	21,839	71,346
EXPENDITURE ON
Charitable activities
Railway and education	35,863	5,926	41,789
NET INCOME	13,644	15,913	29,557
Transfers between fuads	3,699	(3,699)
Net movement in funds	17,343	12,214	29,557
RECONCILIATION OFFUNDS
Total funds brought forward	100,216	111,490	211,706
TOTAL FUNDS CARRIED FORWARD	117,559	123,704	241,263

9.	TANGIBLE FIXEDASSETS	TANGIBLE FIXEDASSETS
			Freehold	Historical	Plant and
			property	assets	machinery	Totals
				f.		8
	COST
	At 1st Janumy 2021		289,230	17,735	71,708	378,673
	Additions		19,629			19,629
	At 31stDecember 2021		308,859	17,735	71,708	398,302
	DEPRECIATION
	At 1stJanuary 2021				24,261	24,261
	Charge for year				2 372	2372
	At 31stDecember 2021				26,633	26,633
	NET BOOKVALUE
	At 31stDecember 2021		308,859	17,735	45,075	371,669
	At 31stDecember 2020		289,230	17,735	47,447	354,412
10.	STOCKS
					2021	2020
					8
	Stocks				8,392	8,392
11.	DEBTORS:AMOUNTS	FALLING DUE	WITHIN ONE YEAR
					2021	2020
					f	f.
	Trade debtors				157	1,620
12.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
					2021	2020
					f	f.
	Bank loans and overdraits	(see note 14)			31,000	15,000
	Accrued expenses				1,800	1,380
					32,800	16,380

F THK YEA	F THK YEA	F THK YEA	F THK YEA	F THK YEA	K R I
CREDITORS: AMOUNTS FALLING DUE AFfKR MORE					THAN ONE YEAR
						2021	2020
							I
Bank loans	(see note	14)				107,600	169,000
LOANS
An analysis	ofthe maturity ofloans is given below:
						2021	2020
						f.	f.
Amounts falling duc		within one year on demand:
Bank loans						31,000	15,000
Amounts falling due		between two and flve years:
Bank loans	- 2-5 years					38,000	69,000
Amounts falling due		in more than	five years:
Repayable	otherwise	than by instalments:
Bank loans	more 5 yrs non-inst					69,600	100,000
MOVEMENT IN FUNDS
					Net	Transfers
					movement	between	At
				At 1.1.21	in funds	funds	31.12.21
				8	f.	6	f,
Unrestricted funds
General fund				29,023	65,536	(27,958)	66,601
Designated	-fixe assets			88,536		47,657	136,193
				117,559	65,536	19,699	202,794
Restricted	funds
Restricted	fund			123,704	3,091	(19,699)	107,096
TOTAL FUNDS				241,263	68,627		309,890
Net movement in funds, Included			in the above are as	follows:
					Incoming	Resources	Movement
					resources 8	expended I	in funds
Unrestricted funds
General Ibad					107@38	(42,402)	65,536
Restricted	funds
Restricted	fund				31,401	(28,310)	3,091
TOTAL FUNDS					139,339	(70,712)	68,627