2023-06-30-accounts - Whitwell And Reepham Railway Preservation Society Limited

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REGISTERED COMPANY NUMBER: 06609149 (England and Wales)
REGISTERED CHARITY NUMBER: 1128431

`REPORT OF THE TRUSTEES AND`

`UNAUDITED FINANCIAL STATEMENTS`

FOR THE YEAR ENDED 30 JUNE 2023

`FOR`

WHITWELL & REEPHAM RAILWAY PRESERVATION
SOCIETY LTD

Quinneys
Chartered Certified Accountants
Saxon House
Hellesdon Park Road
Norwich
Norfolk
NR6 5DR

WHITWELL & REEPHAM RAILWAY PRESERVATION
SOCIETY LTD

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

	`Page`
`Report of the Trustees`	`1 to 3`
`Independent Examiner's Report`	`4`
`Statement of Financial Activities`	`5`
`Balance Sheet`	`6 to 7`
`Notes to the Financial Statements`	`8 to 15`

`WHITWELL & REEPHAM RAILWAY PRESERVATION SOCIETY LTD (REGISTERED NUMBER: 06609149)`

`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2023`

ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report
with the financialstatementsof the charityfor the year ended 30 June 2023. The trustees have adoptedthe  provisions
of AccountingandReportingby Charities:Statementof RecommendedPracticeapplicableto charitiespreparing their
accountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective 1 January 2019).

`OBJECTIVES AND ACTIVITIES`

`Public benefit`

The charitable company's objectives and activities are:-

ThepreservationandconservationforthebenefitofthepublicofthehistoricWhitwellStation,Norfolkand its
surrounding, its structures, associated rolling stock and history.

ToadvancetheeducationofthepublicinthehistoryanddevelopmentofWhitwellStation,Norfolkand its
surroundings.

Thetrusteesconfirmthattheyhavecompliedwiththerequirementsofsection17oftheCharitiesAct2011to have
due regard to the public benefit guidance published by the Charity Commission for England and Wales.

`FINANCIAL REVIEW`

`Financial highlights`

The financialstatementsare set out on pages 5 to 15. Total income for the year amountedto £60,830(2022: £66,305)
andtotalexpenditureamountedto£46,146(2022:£55,392).Netmovementinfundstotalled£14,684(2022 :
£10,913).

`Reserves policy`

The trustees have decided to hold sufficient unrestrictedreserves to meet two years of charitableexpenditure.This  will
beheldtoensuresitedevelopmentcanbecompleted.Additionally,inviewofthecurrenteconomicsituation and
pressureonhouseholdincomes,whichmayhavea detrimentalimpactonfutureincome,thiswillprovidea buffer to
allow timely decision-making regarding strategy.

The unrestrictedfund balance at the year end was £109,997(2022: £95,164)and included within this are cash funds of
£12,529 (2022 : £10,834).

Therestrictedfundbalanceattheyearendwas£7,749(2022:£7,898),representingdonationsraisedtowards the
renovation/maintenance of specific items of rolling stock.

`Going concern`

In common with many charities,fundraisingis an issue to be confronted.However, this year's activityshows that  there
is continuinggoodwilltowardstheprojectbymanypeoplein botha financialandpracticalway.Trusteesare hopeful
that this will continue.

Lookingfurtherahead,ownershipofthesiteposesachallenge.Thesiteisownedbyapensionfundofwhichone of
the trustees, Mr M F Urry, is a beneficiary.When the charitablecompany was establishedthe intentionwas that a  long
leasewouldbeestablished,providingsomesecurityoftenureuntilthesocietywasinapositiontopurchasethe site
outright..The charity has currently entered into a five year lease which will expire in 2025.

Page 1

`WHITWELL & REEPHAM RAILWAY PRESERVATION`

`SOCIETY LTD (REGISTERED NUMBER: 06609149)`

`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2023`

`STRUCTURE, GOVERNANCE AND MANAGEMENT`

`Governing document`

Whitwell & Reepham Railway PreservationSociety Ltd is a charitablecompany limited by guarantee,incorporatedon  3
June2008andregisteredasacharityon2March2009.ThecompanywasestablishedunderaMemorandum of
AssociationwhichestablishedtheobjectsandpowersofthecharitablecompanyandisgovernedbyitsArticles of
Association.Intheeventofthecompanybeingwouldup,membersarerequiredtocontributeanamount not
exceeding £1.

At 30 June 2022 there were 4 such members.

`Recruitment and appointment of new trustees`

ThetotalnumberofBoardMembersshallnotbelessthanone.Thereisnomaximum.Thecharitymayfromtime to
time increaseor decreasethe numberof BoardMembersby appointmentat a generalmeetingheld by the members.
The Trustees will from time to time appointpeople with specific skills to fulfill specific projects.Those people would be
entitled to attend management meetings.

`Related parties`

Details of related parties is given in Note 18 of the financial statements.

`Risk management`

HM Inspector of Railways and Broadland District Council

Thetrusteeshaveduringtheyearreviewedthemajorriskstowhichthecharityisexposedandhave established
systemstomitigatethoserisks.AllrecommendationsfromHMInspectorofRailwaysandBroadlandDistrict Council
have been implemented or plans are in place to ensure full compliance.

`REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number`

06609149 (England and Wales)

`Registered Charity number`

`Registered office`

Saxon House
Hellesdon Park Road
Drayton High Road
Norwich
Norfolk
NR6 5DR

`Trustees`

M F Urry Director
Mrs D E Urry Director
R J Bailey Director
R Ewles Director

`Company Secretary`

M F Urry

Page 2

`WHITWELL & REEPHAM RAILWAY PRESERVATION SOCIETY LTD (REGISTERED NUMBER: 06609149)`

`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2023`

`REFERENCE AND ADMINISTRATIVE DETAILS`

`Independent Examiner`

Quinneys
Chartered Certified Accountants
Saxon House
Hellesdon Park Road
Norwich
Norfolk
NR6 5DR

Approved by order of the board of trustees on 18 March 2024 and signed on its behalf by:

M F Urry - Trustee

Page 3

`INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WHITWELL & REEPHAM RAILWAY PRESERVATION SOCIETY LTD`

`Independent examiner's report to the trustees of Whitwell & Reepham Railway Preservation Society Ltd ('the Company')`

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2023.

`Responsibilities and basis of report`

As the charity'strusteesof the Company(andalsoits directorsfor the purposesof companylaw)youare 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 accountsof the Company are not required to be audited under Part 16 of the 2006 Act
andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccounts as
carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examinationI have  followed
the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

`Independent examiner's statement`

Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the
examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

M W M Lamb FCCA

Quinneys
Chartered Certified Accountants
Saxon House
Hellesdon Park Road
Norwich
Norfolk
NR6 5DR

18 March 2024

Page 4

`WHITWELL & REEPHAM RAILWAY PRESERVATION SOCIETY LTD`

`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2023`

`Unrestricted` `fund` `Notes` `£` `INCOME AND ENDOWMENTS FROM` `Donations and legacies` `2` `32,527` `Other trading activities` `3` `16,940` `Investment income` `4` `-` `Total` `49,467` `EXPENDITURE ON` `Charitable activities` `Charitable activites` `34,634` `NET INCOME/(EXPENDITURE)` `14,833` `RECONCILIATION OF FUNDS` `Total funds brought forward` `95,164` `TOTAL FUNDS CARRIED FORWARD` `109,997`	`Restricted` `fund` `£` `11,224` `-` `139` `11,363` `11,512` `(149)` `7,898` `7,749`	`2023` `Total` `funds` `£` `43,751` `16,940` `139` `60,830` `46,146` `14,684` `103,062` `117,746`	`2022` `Total` `funds` `£` `56,402` `9,901` `2`
			`66,305`
			`55,392`
			`10,913` `92,149`
			`103,062`

The notes form part of these financial statements

Page 5

`WHITWELL & REEPHAM RAILWAY PRESERVATION SOCIETY LTD (REGISTERED NUMBER: 06609149)`

`BALANCE SHEET 30 JUNE 2023`

`Unrestricted` `fund` `Notes` `£` `FIXED ASSETS` `Tangible assets` `9` `201,230` `Investments` `10` `1` `201,231` `CURRENT ASSETS` `Stocks` `11` `2,000` `Debtors` `12` `3,601` `Cash at bank` `12,529` `18,130` `CREDITORS` `Amounts falling due within one year` `13` `(94,134)` `NET CURRENT ASSETS` `(76,004)` `TOTAL ASSETS LESS CURRENT LIABILITIES` `125,227` `CREDITORS` `Amounts falling due after more than one year` `14` `(15,230)` `NET ASSETS` `109,997` `FUNDS` `17` `Unrestricted funds` `Restricted funds` `TOTAL FUNDS`	`Restricted` `fund` `£` `-` `-` `-` `-` `-` `7,748` `7,748` `1` `7,749` `7,749` `-` `7,749`	`2023` `Total` `funds` `£` `201,230` `1` `201,231` `2,000` `3,601` `20,277` `25,878` `(94,133)` `(68,255)` `132,976` `(15,230)` `117,746` `109,997` `7,749` `117,746`	`2022` `Total` `funds` `£` `213,798` `1` `213,799` `2,000` `2,269` `18,732` `23,001` `(111,263)` `(88,262)` `125,537` `(22,475)` `103,062` `95,164` `7,898` `103,062`

The charitablecompanyis entitledto exemptionfrom audit under Section 477 of the CompaniesAct 2006 for the year
ended 30 June 2023.

Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair 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 Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

The notes form part of these financial statements

continued...

Page 6

`WHITWELL & REEPHAM RAILWAY PRESERVATION SOCIETY LTD (REGISTERED NUMBER: 06609149)`

`BALANCE SHEET - continued 30 JUNE 2023`

Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies
subject to the small companies regime.

The financialstatementswere approved by the Board of Trustees and authorisedfor issue on 18 March 2024 and were
signed on its behalf by:

M F Urry - Trustee

The notes form part of these financial statements

Page 7

WHITWELL & REEPHAM RAILWAY PRESERVATION
SOCIETY LTD

`NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023`

`1. ACCOUNTING POLICIES`

`Basis of preparing the financial statements`

The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,have been
prepared in accordancewith the Charities SORP (FRS 102) 'Accountingand Reportingby Charities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial
ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)', Financial
ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the
CompaniesAct2006.Thefinancialstatementshavebeenpreparedunderthehistoricalcostconvention, with
the exception of investments which are included at market value.

`Income`

All income is recognised in the Statementof FinancialActivitiesonce the charityhas entitlementto the funds, it
is probable that the income will be received and the amount can be measured reliably.

`Expenditure`

Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement
andtheamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccruals basis
andhasbeenclassifiedunderheadingsthataggregateallcostrelatedto thecategory.Wherecostscannot be
directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the
use of resources.

`Depreciation and amortisation`

Depreciationis providedat the followingannualratesin order to write off each assetover its estimated useful
life.

Freehold property over 10 years - Plant, machinery and equipment over 10 years
Computer equipment over 3 years

Rolling stock is not depreciatedas it is maintainedso that the trustees believe that the value will at least equate
to originalcost/value.Memorabiliacollectionsare notdepreciatedas theirvaluewill be at leastequalto their
original valuation.

`Stocks`

Stocksarevaluedatthelowerofcostandnetrealisablevalue,aftermakingdueallowanceforobsolete 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.

Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

`Hire purchase and leasing commitments`

Rentalspaidunderoperatingleases are chargedto the Statementof FinancialActivitieson a straightline basis
over the period of the lease.

continued...

Page 8

`WHITWELL & REEPHAM RAILWAY PRESERVATION SOCIETY LTD`

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2023`

`2. DONATIONS AND LEGACIES`

`Donations` `Gift aid` `Grants` `Subscriptions` `Grants received, included in the above, are as follows:` `Other grants` `3.` `OTHER TRADING ACTIVITIES` `Fundraising events` `Glass recycling` `Sale of scrap metal` `4.` `INVESTMENT INCOME` `Deposit account interest` `5.` `NET INCOME/(EXPENDITURE)` `Net income/(expenditure) is stated after charging/(crediting):` `Depreciation - owned assets` `Hire of plant and machinery`	`2023` `£` `26,712` `2,041` `10,672` `4,326` `43,751` `2023` `£` `10,672` `2023` `£` `15,542` `153` `1,245` `16,940` `2023` `£` `139` `2023` `£` `12,568` `-`	`2022` `£` `36,992` `5,161` `10,672` `3,577`
		`56,402`
		`2022` `£` `10,672`
		`2022` `£` `6,781` `1,689` `1,431`
		`9,901`
		`2022` `£` `2` `2022` `£` `16,835` `364`

continued...

Page 9

`WHITWELL & REEPHAM RAILWAY PRESERVATION SOCIETY LTD`

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2023`

`6. TRUSTEES' REMUNERATION AND BENEFITS`

There were no trustees' remunerationor other benefits for the year ended 30 June 2023 nor for the year ended
30 June 2022.

`Trustees' expenses`

There were no  trustees' expenses paid for the year ended 30 June 2023 nor for the year ended 30 June 2022.

`7. STAFF COSTS`

The average monthly number of employees during the year was as follows:

`8.`

`Trustees/Directors` `No employees received emoluments in excess of £60,000.` `COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES` `Unrestricted` `fund` `£` `INCOME AND ENDOWMENTS FROM` `Donations and legacies` `43,414` `Other trading activities` `9,901` `Investment income` `-` `Total` `53,315` `EXPENDITURE ON` `Charitable activities` `Charitable activites` `39,933` `NET INCOME/(EXPENDITURE)` `13,382` `RECONCILIATION OF FUNDS` `Total funds brought forward` `81,782` `TOTAL FUNDS CARRIED FORWARD` `95,164`	`2023` `4` `Restricted` `fund` `£` `12,988` `-` `2` `12,990` `15,459` `(2,469)` `10,367` `7,898`	`2022` `5` `Total` `funds` `£` `56,402` `9,901` `2`
		`66,305`
		`55,392`
		`10,913` `92,149`
		`103,062`

continued...

Page 10

`WHITWELL & REEPHAM RAILWAY PRESERVATION SOCIETY LTD`

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2023`

`9. TANGIBLE FIXED ASSETS`

`COST` `At 1 July 2022 and 30 June 2023` `DEPRECIATION` `At 1 July 2022` `Charge for year` `At 30 June 2023` `NET BOOK VALUE` `At 30 June 2023` `At 30 June 2022` `COST` `At 1 July 2022 and 30 June 2023` `DEPRECIATION` `At 1 July 2022` `Charge for year` `At 30 June 2023` `NET BOOK VALUE` `At 30 June 2023` `At 30 June 2022`	`Fixtures` `and` `fittings` `£` `3,969` `3,014` `234` `3,248` `721` `955`	`Other` `tangible` `Freehold` `fixed` `property` `assets` `£` `£` `105,016` `242,905` `65,398` `78,910` `7,613` `1,200` `73,011` `80,110` `32,005` `162,795` `39,618` `163,995` `Motor` `vehicles` `Memorabilia` `£` `£` `5,150` `1,500` `5,150` `-` `-` `-` `5,150` `-` `-` `1,500` `-` `1,500`	`Plant and` `machinery` `£` `11,250` `3,520` `3,521` `7,041` `4,209` `7,730` `Totals` `£` `369,790` `155,992` `12,568` `168,560` `201,230` `213,798`

`10. FIXED ASSET INVESTMENTS`

`FIXED ASSET INVESTMENTS`
	`Shares in`
	`group`
	`undertakings`
	`£`
`MARKET VALUE`
`At 1 July 2022 and 30 June 2023`	`1`
`NET BOOK VALUE`
`At 30 June 2023`	`1`
`At 30 June 2022`	`1`

There were no investment assets outside the UK.

continued...

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`WHITWELL & REEPHAM RAILWAY PRESERVATION SOCIETY LTD`

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2023`

`10. FIXED ASSET INVESTMENTS - continued`

The investmentis in the charitablecompany'ssubsidiary,WRR LeisureLtd.At 30 June 2023the subsidiary had
net assets of £817 (2022: £317) and in the year ended 30 June 2023 made a profit of £500 (2022: loss: £401).

`11. STOCKS`

`STOCKS`
`Stocks` `DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR` `Trade debtors` `Other debtors`	`2023` `£` `2,000` `2023` `£` `1,360` `2,241` `3,601`	`2022` `£` `2,000`
		`2022` `£` `2,069` `200`
		`2,269`

`12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`

`13.`

`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`

`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`
`Bank loans and overdrafts (see note 15)` `Other loans (see note 15)` `Trade creditors` `VAT` `Trustees current accounts` `Accruals and deferred income`	`2023` `£` `164` `7,100` `2,212` `15,849` `59,563` `9,245` `94,133`	`2022` `£` `-` `7,360` `2,100` `15,568` `73,563` `12,672`
		`111,263`

Trusteescurrentaccountsarerepresentedbyamountsduetothecharitablecompany'ssubsidiaryandto MF
Urry, a trustee. Further details are given in note 18.

continued...

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`WHITWELL & REEPHAM RAILWAY PRESERVATION SOCIETY LTD`

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2023`

`14. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR`

`2022` `£` `22,475` `2022` `£` `-` `7,360` `7,360` `2022` `£` `4,800` `22,000` `26,800` `At` `30.6.23` `£` `109,997` `7,749`	`2022` `£` `22,475`	`2022` `£` `22,475`
	`2022` `£` `-` `7,360` `7,360` `2022` `£` `4,800` `22,000`	`2022` `£` `-` `7,360`
		`7,360`
	`26,800`
`117,746`

continued...

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`WHITWELL & REEPHAM RAILWAY PRESERVATION SOCIETY LTD`

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2023`

`17. MOVEMENT IN FUNDS - continued`

Net movement in funds, included in the above are as follows:

	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`49,467`	`(34,634)`	`14,833`
`Restricted funds`
`General fund`	`11,363`	`(11,512)`	`(149)`
`TOTAL FUNDS`	`60,830`	`(46,146)`	`14,684`

`Comparatives for movement in funds`

		`Net`
		`movement`	`At`
	`At 1.7.21`	`in funds`	`30.6.22`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`81,782`	`13,382`	`95,164`
`Restricted funds`
`General fund`	`10,367`	`(2,469)`	`7,898`
`TOTAL FUNDS`	`92,149`	`10,913`	`103,062`

Comparative net movement in funds, included in the above are as follows:

	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`53,315`	`(39,933)`	`13,382`
`Restricted funds`
`General fund`	`12,990`	`(15,459)`	`(2,469)`
`TOTAL FUNDS`	`66,305`	`(55,392)`	`10,913`

continued...

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`WHITWELL & REEPHAM RAILWAY PRESERVATION SOCIETY LTD`

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2023`

`17. MOVEMENT IN FUNDS - continued`

A current year 12 months and prior year 12 months combined position is as follows:

`Unrestricted funds` `General fund` `Restricted funds` `General fund` `TOTAL FUNDS`	`At 1.7.21` `£` `81,782` `10,367` `92,149`	`Net` `movement` `in funds` `£` `28,215` `(2,618)` `25,597`	`At` `30.6.23` `£` `109,997` `7,749`
			`117,746`

Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above
are as follows:

	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`102,782`	`(74,567)`	`28,215`
`Restricted funds`
`General fund`	`24,353`	`(26,971)`	`(2,618)`
`TOTAL FUNDS`	`127,135`	`(101,538)`	`25,597`

The restricted funds are restricted income funds.

`18. RELATED PARTY DISCLOSURES`

During the year the charity made the following related party transactions:

`WRR Leisure Ltd`

Duringtheyearthecharitablecompanyreceiveddonationsof£14,000(2022:£12,000)fromits subsidiary
company,WRR Leisure Ltd. At the balancesheet date the amountdue to WRR Leisure Ltd was £15,529(2022 :
£29,529).The loan is interest-freeand there are no formal repaymentterms. However the intentionis that this
will be repaid when funds permit.

`Mr M F Urry`

AtthebalancesheetdatetheamountduetoMrMFUrrywas£44,034(2022:£44,034).Theloan is
interest-freeandtherearenoformalrepaymenttermsinplace.Howevertheintentionisthatthiswill be
repaid when funds permit.

Page 15