LDME annual report from the trustees to the AGM 2022-2023 

This year has seen a good number of passengers carried on the railway and an increasing engagement with local schools and voluntary bodies keen to make use of the railway.  Some of the school visits have been for pleasure, but an increasing number have been for educational purposes and tied in with school projects looking at transportation and the local area. Amongst our members there has also been an increasing use of the club workshop for personal projects and a number of our new members have acquired locomotives and/or have begun to look at building their own items. Help and feedback received from experienced members of the club has and will be, invaluable to those beginning to engauge in new aspects of the hobby.   It is hoped that our educational role will grow over the next year. A number of public events hosted by the club, have also allowed members of the club to demonstrate the operation of machinery based on historic prototypes and explain the processes by which they are constructed and used. 

Work has continued around the site to improve the railway, additional siding space has been created to allow the stabling of a spare train with a wheelchair accessible coach marshalled into the rake.  This can be brought into use in very short order and allows us to better serve passengers with mobility issues.   A number of new members have been trained to act in new roles around the railway and some younger members have also become more involved in day to day operations around the site 

Much time this year has been spent checking and maintaining the track and buildings in order to keep our facilities safe, useable and up to standard.  Regular inspection of all the stock and track is carried out according to club practices and records are kept for future inspection.   Communications between the club and the country park have shown that they are most satisfied with the railway, its environs and our activities. Consultation with other bodies such as our auditing accountant and a local firm of solicitors has also confirmed that we are not lacking in our duties to the public, charity commission and other bodies. 

Members have continued to work hard to increase biodiversity around the site, with much being done to encourage plants attractive to pollinators to grow and thrive in the area.  A number of high wattage floodlights have been replaced with low energy versions in an attempt to reduce our carbon footprint and in years to come it is expected that low carbon ‘bio-fuels’ will be used in our steam engines. 

The club has also had the opportunity to participate in local events, an exhibition of models and two operational miniature traction engines were shewn at a local agricultural show to much acclaim and resulted in a prize plaque for the club. Members have also had the opportunity to visit other events to show their models and demonstrate their operation and construction methods. 

The club continues to delight our many visitors, both on public running days and at our rallies and provide much enjoyment for our membership.  Great thanks are due to all our hard working volunteers, both those who are active and those who cannot be as active as they wish to be. 



Llan￿11 & Dlstrlct Plodel Englnews
Charity registrabon no. 1146472
Financl¥l A¢counts for the
Year Ended 31 Match 2023
Contents
B￿ance She
Notes to the knaxjnts
Independent Examin&s RqAY
Fit7th ALcoufttaftcy Ltd.
20 Brklge Street
Kldwelty
SA17 4UU

Llanelli & District Model Engineers
Page 1.
Year Ended 31 Mar¢h 2023
Statement of Financial Activitiès I Income & Expendilulo Account
2023
2022
Income
Track use
other
Subscriptions
Catering inGome
Gift aid reclaim
Donations
Bank interest
Total Income
18.341
750
2,620
11,530
60
2.891
258
2,793
1.110
27,905
17,534
Expenditure
Track use & maintenan
Workshop maintenance & equipment
PremJses maintenan
Insurance
Rent
Spring & autumn rally expenses
Catering
Public wnning
Marketing
Printing, postsge & stationery
Accountancy & consultancy
Travel & subsistence
Sundry expenses
Depreciation on f￿ed assets
1,706
585
3.003
2.910
3.625
33
553
1,806
500
516
10
212
159
407
598
1.182
282
1,140
19
28
735
312
640
3,125
227
4,827
{15.757)
(13,6191
Net sU￿lUs For The Year
12.148
3,915
The cFi8rity made no recognised gains or k>sses other than those reported in the Statement of
Financial Activtlies.

Uanejli & DSstri¢t Model Engineers
Page 2.
Balance Sheet As At 31 March 2023
2022
Fixed Assets
1,760
3,74Q
Current Assets
Accrued inci)me
Advance on Iccomotive
Prepayments
Bank deFDSt account
Bank current a¢wnt
Cash operatFng float
Petty cash
210
7,625
2,910
9,111
11.8ce
145
126
31,936
2762
9.111
25.926
145
46,170
Currert Llabllities {due < 1 y￿)
Accrued expeiws
Net Current Assets
45,5TO
31,441
47A30
35,181
Represented By:
Funds of the ChaTity
Getteral {UnrEstri¢ted) Funds
Brought forwaFJ
Net movwient in funds in the year
Restiicted Funds
35,181
12.1A8
31.286
3.915
47.
35,481
Llanelli & tjslrid Model Engirws is a charitable comFony limited ty guarantee registered
in EivJland & Wales company nU￿L￿ 03￿3. ￿rity numtw 11464n.
Signed OTr behalf of all the titstees
Signature
Name
Date of aFproval

Uanelli & District Model Engine￿5
Page 3.1
Year Endgd 31 MarGh 2023
Notes to the Financlal Statsmenls
Accounting Polici8$
The a¢couniing policies arp summ3ris&g bek)w. The atcounting poltciés have been
applied (x)n8islenlty thro￿0￿1 the year and the prec￿ling year.
1.1 Basis of Prepardtion
The financial statemwts have been prepared underthe historical cost convention
and in ac£ordance with the Financial Reporbw Stsndard applicable in the UK
(FRS 102) issued on 16 July 2014 and mc¥Y1r￿d in 2016 and wilh the Chartties Act
2011. The dwty cOr￿lItuteS a public benefft entsty as defined by FRS 102.
12 Fund Accounting
General funds are unrestrthl fiJnds which are available for use st the dixretion of
the trustees in furtherance ofthe general obiectNes of the charity and which ttave not
been designated for other purpose
Restricted funds ate funds whi(* are to be US￿ in a(xa)rdance with specffjc
instructions imposed by donors or which have rdised by the ctrRfity for speufic
purposed. The costs of raising and admTnisterÈng said ￿ndS are charged against that
spectfic The movements on of ￿nd￿ldUal rastricted fiJnds are set out in
the notes to the financial statements.
13 Incomlng Resourits
These are inC￿ded in the Statement of Financtal AdNkties {SoFA) when:
- the charity becomes entytled lo th8 resour￿,
. the trustees are virtually certain tsy wiiF re￿1ve the resour￿, and
. the monetary value be measutEd with sufficient refiabiiity
1.4 AlloGatlon of Costs
All expendIti￿e and lithlities are iEicluded on an accnjal basis and re¢ognisod when
there is a legal or ￿nsIrU[￿ve otAigation to pay out resour￿.
1.5 Tangible Fhed Assets
Tangible fixed assets for use by the chaw are capiklis&l rflhey can be used for more
than one year and cost at least £500. They are valued at cost or 8 reason8ble value
on receipt. Maintenance of the assets is also caprialtsed.
Depreciation is Oli￿lated so as to write off the cost of an asset overthe useful
eujnomic life of that asset cjjrrenty consKler#l to be five years.
Employa08
The charrty does not any staff.
Transactlons with TTUStees and Related PaTbes
4 trustees (2022: 5 trustees} received an aggreg*Le of £4,23g.46 {2￿. £1.674.20)
as reimbursement of experKliture on gcths purthased to further the obiecbves of
the chartty. in 8tt0rdanÉ* WTth the charit￿S Artid&s ofAss(Kiation.

Llanelll & Dislitt Modol Enginee13
Page 3.2
Year Ended 31 Mar¢h 2023
Notes to tho Finan¢ial Statgment5
4. Membership
The rnembership ofthe on 31st March was as foJlow5:.
Adu￿ mern￿
County membws
Junior memt
57
37
31
5. Flxed Assets
2023
Brought fothrd
Additsons in year
Disposals Sn year
CarrieLI forward
59.712
1.145
61.679
80,534
Dopreckation
Brought forward
Chargefor the year
Wtttten off on disposals
ca￿le￿ foNard
(56.794)
(3,1251
{51,*8)
(4.8261
59.919
56.794
Net Book Value
1,760 .
3,740
6. Taxation
The ch8rity's actiwties fall wlhin the exemptions afforded by the p￿ts7on8 ofthe Income
& Cofpo53tii)n Taxes Act 1988. Accordingly, thwe is no taxat￿ chaFge in these a¢￿unts.

Llanglli & District Model Eryinee
Page 4.
Year Ended 31 March 2023
Indepvndent Examinefs Report to the & Tntstees
I report on the acthjrbts ofthe Lknelb. & Disfrirt Model Engineers forlhe yearending 31 Morth 2023, pages 1-3.
Respective Responsibilitles of Tn*tees and Examlner
The Charitys trustees are reswnsible for the preparalion ofthe amwnts n acc4Jrdano thè requirements of
.& Ch2ritie8 2011. The f)iJstees con%der th* an audft ￿ not Tequir&l for this year urkder seclion 144 of the
Act and that an Independent Exam￿atiOn is needed.
tt is my responsibilty to
Examine the accounts under Secti(￿ 145 ofthe chariti￿ ACL
To follow the procedures Lqin down in the ger￿31 direc1y￿ given by the Chaity Comm&ssion (under sKtion 145
of the Act} and to state whether ary rdrtnilar Ma￿ IRve C(tyT￿ to my attenti￿.
Basis of Inde￿ndent Examinerfs Statement
My exatnination wa5 carried out in 8ccordance wfth the gerseral directions grven by the Chartty Commission.
An exarniriation inciudes 3 review ofthe accourjbng remrts kept by Ihe Chaity and a comFkqrison of the
3ccounts with those rwd& It al￿ includes consitkration of any items ordiscbsures in the
accounts. and seeking explanakns the trust&s r￿ming such matters. The proc&dures
undertaken do not provide all th& evtdence would r4uir&d of an aud( and consequently no opinion is
gThien as lo whether the accoL¢nts present a and lair view. the rwrt is limit￿A tu those matters set out
in the statement beknv.
Inrlopendgnt Examin•ts Slatement
In connection wtili my examination, no material matt￿$ have come to my atW"on'.
111 Which give reasonable caL55e io belie'ie tha( in a-, y materral respec( the requiren7ents'.
TO keep proper aGcounb"ng records in Lcordance with sedion 130 oflhe Cha14bes P£L and
To prepare accounts whrch accord wrth the 8¢¢ounting ￿￿)r￿S
have not been mel
121 To which, in my opinion. attenfion shc¥Jd be drawT] in order ID enable a prow understsndwjg of the
accounts lo be reached.
12.ts,22
Tessa Finch FMAAT
inch A¢¢ountsncy Ltd.
20 Bridge Street
K5dwelly
rms.
SA174UU

Llan￿11 & Dlstrlct Plodel Englnews
Charity registrabon no. 1146472
Financl¥l A¢counts for the
Year Ended 31 Match 2023
Contents
B￿ance She
Notes to the knaxjnts
Independent Examin&s RqAY
Fit7th ALcoufttaftcy Ltd.
20 Brklge Street
Kldwelty
SA17 4UU

Llanelli & District Model Engineers
Page 1.
Year Ended 31 Mar¢h 2023
Statement of Financial Activitiès I Income & Expendilulo Account
2023
2022
Income
Track use
other
Subscriptions
Catering inGome
Gift aid reclaim
Donations
Bank interest
Total Income
18.341
750
2,620
11,530
60
2.891
258
2,793
1.110
27,905
17,534
Expenditure
Track use & maintenan
Workshop maintenance & equipment
PremJses maintenan
Insurance
Rent
Spring & autumn rally expenses
Catering
Public wnning
Marketing
Printing, postsge & stationery
Accountancy & consultancy
Travel & subsistence
Sundry expenses
Depreciation on f￿ed assets
1,706
585
3.003
2.910
3.625
33
553
1,806
500
516
10
212
159
407
598
1.182
282
1,140
19
28
735
312
640
3,125
227
4,827
{15.757)
(13,6191
Net sU￿lUs For The Year
12.148
3,915
The cFi8rity made no recognised gains or k>sses other than those reported in the Statement of
Financial Activtlies.

Uanejli & DSstri¢t Model Engineers
Page 2.
Balance Sheet As At 31 March 2023
2022
Fixed Assets
1,760
3,74Q
Current Assets
Accrued inci)me
Advance on Iccomotive
Prepayments
Bank deFDSt account
Bank current a¢wnt
Cash operatFng float
Petty cash
210
7,625
2,910
9,111
11.8ce
145
126
31,936
2762
9.111
25.926
145
46,170
Currert Llabllities {due < 1 y￿)
Accrued expeiws
Net Current Assets
45,5TO
31,441
47A30
35,181
Represented By:
Funds of the ChaTity
Getteral {UnrEstri¢ted) Funds
Brought forwaFJ
Net movwient in funds in the year
Restiicted Funds
35,181
12.1A8
31.286
3.915
47.
35,481
Llanelli & tjslrid Model Engirws is a charitable comFony limited ty guarantee registered
in EivJland & Wales company nU￿L￿ 03￿3. ￿rity numtw 11464n.
Signed OTr behalf of all the titstees
Signature
Name
Date of aFproval

Uanelli & District Model Engine￿5
Page 3.1
Year Endgd 31 MarGh 2023
Notes to the Financlal Statsmenls
Accounting Polici8$
The a¢couniing policies arp summ3ris&g bek)w. The atcounting poltciés have been
applied (x)n8islenlty thro￿0￿1 the year and the prec￿ling year.
1.1 Basis of Prepardtion
The financial statemwts have been prepared underthe historical cost convention
and in ac£ordance with the Financial Reporbw Stsndard applicable in the UK
(FRS 102) issued on 16 July 2014 and mc¥Y1r￿d in 2016 and wilh the Chartties Act
2011. The dwty cOr￿lItuteS a public benefft entsty as defined by FRS 102.
12 Fund Accounting
General funds are unrestrthl fiJnds which are available for use st the dixretion of
the trustees in furtherance ofthe general obiectNes of the charity and which ttave not
been designated for other purpose
Restricted funds ate funds whi(* are to be US￿ in a(xa)rdance with specffjc
instructions imposed by donors or which have rdised by the ctrRfity for speufic
purposed. The costs of raising and admTnisterÈng said ￿ndS are charged against that
spectfic The movements on of ￿nd￿ldUal rastricted fiJnds are set out in
the notes to the financial statements.
13 Incomlng Resourits
These are inC￿ded in the Statement of Financtal AdNkties {SoFA) when:
- the charity becomes entytled lo th8 resour￿,
. the trustees are virtually certain tsy wiiF re￿1ve the resour￿, and
. the monetary value be measutEd with sufficient refiabiiity
1.4 AlloGatlon of Costs
All expendIti￿e and lithlities are iEicluded on an accnjal basis and re¢ognisod when
there is a legal or ￿nsIrU[￿ve otAigation to pay out resour￿.
1.5 Tangible Fhed Assets
Tangible fixed assets for use by the chaw are capiklis&l rflhey can be used for more
than one year and cost at least £500. They are valued at cost or 8 reason8ble value
on receipt. Maintenance of the assets is also caprialtsed.
Depreciation is Oli￿lated so as to write off the cost of an asset overthe useful
eujnomic life of that asset cjjrrenty consKler#l to be five years.
Employa08
The charrty does not any staff.
Transactlons with TTUStees and Related PaTbes
4 trustees (2022: 5 trustees} received an aggreg*Le of £4,23g.46 {2￿. £1.674.20)
as reimbursement of experKliture on gcths purthased to further the obiecbves of
the chartty. in 8tt0rdanÉ* WTth the charit￿S Artid&s ofAss(Kiation.

Llanelll & Dislitt Modol Enginee13
Page 3.2
Year Ended 31 Mar¢h 2023
Notes to tho Finan¢ial Statgment5
4. Membership
The rnembership ofthe on 31st March was as foJlow5:.
Adu￿ mern￿
County membws
Junior memt
57
37
31
5. Flxed Assets
2023
Brought fothrd
Additsons in year
Disposals Sn year
CarrieLI forward
59.712
1.145
61.679
80,534
Dopreckation
Brought forward
Chargefor the year
Wtttten off on disposals
ca￿le￿ foNard
(56.794)
(3,1251
{51,*8)
(4.8261
59.919
56.794
Net Book Value
1,760 .
3,740
6. Taxation
The ch8rity's actiwties fall wlhin the exemptions afforded by the p￿ts7on8 ofthe Income
& Cofpo53tii)n Taxes Act 1988. Accordingly, thwe is no taxat￿ chaFge in these a¢￿unts.

Llanglli & District Model Eryinee
Page 4.
Year Ended 31 March 2023
Indepvndent Examinefs Report to the & Tntstees
I report on the acthjrbts ofthe Lknelb. & Disfrirt Model Engineers forlhe yearending 31 Morth 2023, pages 1-3.
Respective Responsibilitles of Tn*tees and Examlner
The Charitys trustees are reswnsible for the preparalion ofthe amwnts n acc4Jrdano thè requirements of
.& Ch2ritie8 2011. The f)iJstees con%der th* an audft ￿ not Tequir&l for this year urkder seclion 144 of the
Act and that an Independent Exam￿atiOn is needed.
tt is my responsibilty to
Examine the accounts under Secti(￿ 145 ofthe chariti￿ ACL
To follow the procedures Lqin down in the ger￿31 direc1y￿ given by the Chaity Comm&ssion (under sKtion 145
of the Act} and to state whether ary rdrtnilar Ma￿ IRve C(tyT￿ to my attenti￿.
Basis of Inde￿ndent Examinerfs Statement
My exatnination wa5 carried out in 8ccordance wfth the gerseral directions grven by the Chartty Commission.
An exarniriation inciudes 3 review ofthe accourjbng remrts kept by Ihe Chaity and a comFkqrison of the
3ccounts with those rwd& It al￿ includes consitkration of any items ordiscbsures in the
accounts. and seeking explanakns the trust&s r￿ming such matters. The proc&dures
undertaken do not provide all th& evtdence would r4uir&d of an aud( and consequently no opinion is
gThien as lo whether the accoL¢nts present a and lair view. the rwrt is limit￿A tu those matters set out
in the statement beknv.
Inrlopendgnt Examin•ts Slatement
In connection wtili my examination, no material matt￿$ have come to my atW"on'.
111 Which give reasonable caL55e io belie'ie tha( in a-, y materral respec( the requiren7ents'.
TO keep proper aGcounb"ng records in Lcordance with sedion 130 oflhe Cha14bes P£L and
To prepare accounts whrch accord wrth the 8¢¢ounting ￿￿)r￿S
have not been mel
121 To which, in my opinion. attenfion shc¥Jd be drawT] in order ID enable a prow understsndwjg of the
accounts lo be reached.
12.ts,22
Tessa Finch FMAAT
inch A¢¢ountsncy Ltd.
20 Bridge Street
K5dwelly
rms.
SA174UU