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|||Page|
|---|---|---|
|Trustees' report||1-3|
|Independent<br>auditor's|report|4-6|
|Statement offinancial|activities||
|Balance sheet|||
|Statement ofcash flows|||
|Notes to the financial|statements|10-23|





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|||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|funds||
|||||2021|2021|2021|2020|2020|2020|
||||Notes|K||||||
|~lcc me freer||||||||||
|Donations<br>and legacies|||3|261,967|291,332|553,299|360,181|21,986|382,167|
|Other trading|activities||4|7,990||7,990|176|9,395|9,571|
|Investments|||5|147||147|842||842|
|Total income||||270,104|291,332|561,436|361,199|31,381|392,580|
|Ex<br>nditure|on:|||||||||
|Raising funds||||12,502||12,502|10,726||10,726|
|Charitable<br>activities|||7|564,220|281,241|845,461|66,739|20,358|87,097|
|Total resources||||||||||
|expended||||576,722|281,241|857,963|77,465|20,358|97,823|
|Net (outgoing)l||||||||||
|incoming resources||||||||||
|before transfers||||(306,618)|10,091|(296,527)|283,734|11,023|294,757|
|Gross transfers||||||||||
|between funds||||(250)|250||(5,841)|5,841||
|Net (expenditure)lincome||||||||||
|for the year/||||||||||
|Net movement||in funds||(306,868)|10,341|(296,527)|277,893|16,864|294,757|
|Fund balances|at 1|||||||||
|February2020||||613,495|47,194|660,689|335,602|30,330|365,932|
|Fund balances||at 31||||||||
|January 2021||||306,627|57,535|364,162|613,495|47,194|660,689|





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||||2021||2020||
|---|---|---|---|---|---|---|
|||Notes|K||||
|Fixed assets|||||||
|Tangible assets||13||7,376|||
|Current assets|||||||
|Debtors||15|49,858||4,702||
|Cash at bank and in|hand||334,265||682,136||
||||384,123||686,838||
|Creditors: amounts|falling due within||||||
|one year||16|(27,337)||(26,149)||
|Net current assets||||356,786||660,689|
|Total assets less current liabilities||||364,162||660,689|
|Income funds|||||||
|Restricted funds||17||57,535||47,194|
|Unrestricted<br>funds|||||||
|Designated<br>funds||18|41,434||169,509||
|General unrestricted|funds||265,193||443,986||
|||||306,627||613,495|
|||||364,162||660,689|





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||||||2021||2020||
|---|---|---|---|---|---|---|---|---|
|||||Notes|||||
|Cash flows from operating|||activities||||||
|Cash (absorbed<br>by)lgenerated<br>operations|||from|23||(338,798)||291,593|
|Investing|activities||||||||
|Purchase|oftangible fixed assets||||(9,220)||||
|Investment|income received||||147||||
|Net cash|(used in)/generated||from||||||
|investing|activities|||||(9,073)|||
|Net cash|used in financing||activities||||||
|Net (decrease)lincrease<br>in <br>equivalents||cash and cash||||(347,8?1)||292,435|
|Cash and|cash equivalents|at beginning||ofyear||682,136||389,701|
|Cash and|cash equivalents||at end ofyear|||334,265||682,136|





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|Raising funds||||
|---|---|---|---|
|||2021|2020|
|Fundraisin<br>and<br>Computer costs<br>Postage,<br>printing<br>Website costs<br>Sundries<br>Depreciation<br>and|ublici<br>and stationery<br> impairment|5,034<br>4,002<br>720<br>902<br>1,844|4,774<br>2,871<br>708<br>2,026<br>347|
|Fundraising<br>and|publicity|12,502|10,726|
|||12,502|10,726|
|For the year ended 31January 2020<br>Fundraising<br>and publicity|||10,726|





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||||2021|2020f|
|---|---|---|---|---|
|Fundraising<br>prizes<br>Insurance|||3,805<br>462|4,578<br>447|
|Magazine postage and packaging<br>Printing ofmagazines<br>Bank charges<br>Broadway project expenditure<br>Training<br>projects<br>Haulage|||8,545<br>17,089<br>3,962|8,290<br>14,092<br>2,094<br>1,000<br>80<br>838|
||||33,863|31,419|
|Grant funding<br>ofactivities (see note 8)<br>Share ofgovernance<br>costs (see note 9)|||799,554<br>12,044|47,996<br>7,682|
||||845,461|87,097|
|Analysis<br>by fund|||||
|Unrestricted<br>funds<br>Restricted funds|||564,220<br>281,241||
||||845,461||
|Forthe year ended 31January 2020|||||
|Unrestricted<br>funds<br>Restricted funds||||66,739<br>20,358|
|||||87,097|
|Grants payable|||||
||||2021|2020|
|Gloucestershire<br>Warwickshire||Steam Railway Pic|799,554|47,996|





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|Support|costs|||||||
|---|---|---|---|---|---|---|---|
|||Support|Governance|2021|Support|Governance|2020|
|||costs|costsf||costs|costs||
|Audit fees|||2,280|2,280||2,202|2,202|
|Legal and|professional||9,764|9,764||5,480|5,480|
||||12,044|12,044||7,682|7,682|
|Analysed|between|||||||
|Charitable|activities||12,044|12,044||7,682|7,682|



## 

|The analysis ofauditor's<br>remuneration|The analysis ofauditor's<br>remuneration|is as follows:|||
|---|---|---|---|---|
|Fees payable tothe|charity's auditors and associates:||2021|2020|
|Audit ofthe chanty's|annual accounts||2,280|2,202|



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||||Fixtures and|Computer|Total|
|---|---|---|---|---|---|
||||fittings|sottware||
|Cost||||||
|At 1 February|2020||1,739|5,522|7,261|
|Additions|||9,220||9,220|
|At 31January|2021||10,959|5,522|16,481|
|Depreciation|and impairment|||||
|At 1 February|2020||1,739|5,522|7,261|
|Depreciation|charged|in the year|1,844||1,844|
|At 31January|2021||3,583|5,522|9,105|
|Carrying amount||||||
|At 31January|2021||7,376||7,376|



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|Debtors|Debtors|||
|---|---|---|---|
|Amounts<br>falling due within one year:||2021|2020f|
|Tax||5,886|4,138|
|Other debtors||1,000||
|Prepayments|and accrued income|42,972||
|||49,858|4,702|





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|Creditors: amounts<br>|falling due within one year|||
|---|---|---|---|
|||2021|2020|
|||E||
|Trade creditors||1,367|1,338|
|Accruals and deferred|income|25,970|24,811|
|||27,337|26,1ag|



|Balance|as at 1st|February 2019||22,226|
|---|---|---|---|---|
|Amount|released|to subscription|income|(16,755)|
|Amount|deferred|in year||18,259|
|Balance|as at31stJanuary 2020|||23,730|





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|19|Analysis of|net assets|between funds||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||||2021|2021|2021|2020|2020|2020|
|||||||E|||
||Fund balances at 31||||||||
||January 2021 are||||||||
||represented|by:|||||||
||Tangible assets||7,376||7,376||||
||Current assets/||||||||
||(liabilities)||299,251|57,535|356,786|613,495|47,194|660,689|
||||306,627|57,535|364,162|613,495|47,194|660,689|



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||<br><br>wound<br>up each member is liable for an amount<br>not exceeding f|<br><br>wound<br>up each member is liable for an amount<br>not exceeding f|<br><br>wound<br>up each member is liable for an amount<br>not exceeding f|<br><br>wound<br>up each member is liable for an amount<br>not exceeding f|10.|||
|---|---|---|---|---|---|---|---|
||The company<br>is a registered<br>charity and has taken advantage||||ofthe exemption|to dispense|with the word|
||Limited from its name.|||||||
|23|Cash generated<br>from|operations||||2021|2020|
||||||||K|
||(Deficit)/surpus<br>forthe|year||||(296,527)|294,757|
||Adjustments<br>for.|||||||
||Investment<br>income recognised||in statement|offinancial activities||(147)|(842)|
||Depreciation<br>and impairment<br>oftangible fixed assets|||||1,844|347|
||Movements<br>in working|capital:||||||
||(Increase)/decrease<br>in|debtors||||(45,156)|1,161|
||Increase/(decrease)<br>in|creditors||||1,188|(3,830)|
||Cash (absorbed<br>by)/generated||from operations|||(338,798)|291,593|
|24|Analysis ofchanges|in net funds||||||
||The charity had no debt during||the year.|||||