| Page | |||
|---|---|---|---|
| Report ofthe | Trustees | 1tog | |
| ' | |||
| Independent | Examiner's | Report | |
| Statement of | Financial | Activities | |
| Balance Sheet | 9to10 | ||
| Notes tothe | Financial Statements | 11to 17 |
| 2021 | 2021 | 2021 | 2020 | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | Fund | Fund | ||
| Notes | |||||
| INCOME AND ENDOWMENT5 | |||||
| Donations and legacies | 2,228 | 2,328 | 73,679 | ||
| Charitable acthdtles |
|||||
| Charitable activities |
12,104 | 12,104 | 15,081 | ||
| Investment income |
|||||
| Investment income |
132 | 132 | 238 | ||
| Gavemmant Grants |
|||||
| Covid support grant | 25,000 | 25,000 | |||
| Total Income | 39,464 | 100 | 39,564 | 88,998 | |
| EXPENDITURE | |||||
| Charitable activities |
|||||
| Cost ofcharitable activities |
1,348 | 1,348 | 1,055 | ||
| Support costs | 40,937 | 42 | 40,979 | 45,058 | |
| Grants payable | 170 | 170 | 810 | ||
| Total expendkure | 42,455 | 42 | 42,497 | 46,923 | |
| NET INCOME/(EXPENDITURE) | (2,991) | 58 | (2,933) | 42,075 | |
| RECONCIUATION OF FUNDS |
|||||
| TOTAL FUNDS BROUGHT FORWARD | 199,527 | 199,527 | 157,452 | ||
| TOTAL FUNDS CARRIED FORWARD | 196,536 | 58 | 196,594 | 199,527 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Rastdcted | Total | Total | ||
| Notes | Fundf | Fund | Fundsf | Funds 6 |
|
| FIXEDASSETS | |||||
| Tangible assets | 41,918 | 41,918 | 44,317 | ||
| Investments | 1,000 | 1,000 | 1,000 | ||
| 42,918 | 42,918 | 45,317 | |||
| CURRENT ASSETS | |||||
| Debtors | 10 | 2,260 | 2,260 | 2,533 | |
| Cash at bank and in hand | 156,500 | 58 | 156,558 | 157,451 | |
| 157,133 | 58 | 157,191 | 159,984 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
(5,142) | (5,r42) | ~(5,7 | ||
| NET CURRENT ASSETS | 153,618 | 58 | 153,676 | 154,210 | |
| TOTAL ASSETSLESSCURRENT UABIUTIES | 196,536 | 58 | 196,594 | 199,527 | |
| NET ASSETS | 196,536 | 58 | 196,594 | 199,527 | |
| 13 | |||||
| FUNDS | |||||
| Unrestricted fund |
196,536 | 199,527 | |||
| Restricted fund | 58 | ||||
| TOTAL FUNDS | 196,594 | 199,527 |
| 2. | DONATIONS AND LEGACIES |
uametrteted | Restricted | ||
|---|---|---|---|---|---|
| 2021 | 2021 | Total | 2020 | ||
| E | |||||
| Donations | 1,969 | 100 | 2,069 | 73,377 | |
| Gift aid | 259 | 259 | 302 | ||
| 2,228 | 100 | 2,328 | 73,679 | ||
| 3. | INCOME FROM CHARITABLE ACTIVITIES | Unrestricted | Restricted | Total | 2020 |
| Membership income |
|||||
| Full membership | 9,380 | 9,380 | 11,010 | ||
| Student membership | 468 | 539 | |||
| Associate membership | 1,689 | 1,689 | 1,815 | ||
| Other income | |||||
| Club room hire | 450 | ||||
| Refreshment sales |
19 | 19 | |||
| Books and clothing | |||||
| 12,104 | 12,104 | 15,081 | |||
| INVESTMENT INCOME AND GOVERNMENT | |||||
| 4. | GRANTS | Unrestricted | 2020 | ||
| Bank Interest receivable | 133 | 238 | |||
| Unrestricted | 2020 | ||||
| GOVERNMENT GRANIS | |||||
| Covid-19 Grant | 25,000 |
| COSTSOF | CHARITABLE ACllVITIES | 2021 | 2021 | 2021 | |
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| DIRECT COSTS | f | f | |||
| Library costs | 218 | 218 | 596 | ||
| Magazine | costs | 672 | 672 | 137 | |
| Sundry purchases | 458 | 323 | |||
| 1,348 | 1,348 | 10055 | |||
| Unrestricted | Restricted | Total | 2020 | ||
| SUPPORT | COSTS | ||||
| Postage and stationery | 367 | 367 | 78 | ||
| Rent | 19,686 | 19,686 | 19,686 | ||
| Insurance | 2,414 | 2,414 | 2,320 | ||
| Ught and | heat | 2,493 | 2,493 | 4,653 | |
| Rates | 720 | 720 | 3,339 | ||
| Telephone | 418 | 418 | 626 | ||
| Sundries | 2,975 | 42 | 3,017 | 2,689 | |
| Depreciation oftangible fixed assets | 7,991 | 7,991 | 7,053 | ||
| Loss on disposal oftangible fixed assets | 225 | 225 | |||
| Repairs and maintenance | 2,148 | 2,148 | 2,683 | ||
| Examiners | fee | 1,500 | 1,500 | 1,500 | |
| 40,937 | 42 | 40,979 | 45,058 | ||
| GRANTS PAYABLE | 2021 | 2020 | |||
| Charitable | activities | 810 |
| ursuits and t |
oen | courage a high standard ofmodelling. | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Sutton Coldfield | Model Railway Society | 250 | ||
| Wyre Forest | Model Railway Club | 250 | ||
| West Bromwich | Model Railway Club | 260 | ||
| Birmingham | Model Railway Club | 50 | 50 | |
| 50 | 810 |
| TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|
| Leasehold Bugding | ||||
| Improvements f |
Fhdures | gr fittings f |
Totals 6 |
|
| COST | ||||
| At 1April 2020 | 45,520 | 23,884 | 69,404 | |
| Additions | 5,817 | 5,817 | ||
| Dlsposals | (1,122) | (1,122) | ||
| At31March 2021 | 45,520 | 28,579 | 74,099 | |
| DEPRECIATION | ||||
| At1April 2020 | 12,995 | 12,092 | 25,087 | |
| Charge for year | 2,276 | 5,715 | 7,991 | |
| Eliminated on disposal |
(897) | (897) | ||
| At31March 2021 | 15,271 | 16,910 | 32,181 | |
| NET BOOK VALUE | ||||
| At 31March 2021 | 30,249 | 11,669 | 41,918 | |
| At 31March 2020 | 32,525 | 11,792 | 44,317 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Turnover | 136 | 396,311 | ||
| Expenditure | 2,675 | (388,505) | ||
| Profit and | ||||
| loss | 2,811 | 7,806 | ||
| Net assets | 398,251 | |||
| 10. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | |||
| Prepayments | 2,260 | 2,243 | ||
| Other debtors | 290 | |||
| 2,260 | 2,533 | |||
| 11. | CREDITORS: AMOUNTS | FALUNG DUE WITHIN ONE YEAR | ||
| 2021 | ||||
| Other creditors | 290 | 280 | ||
| Accruals and deferred | ||||
| income | 4,852 | 5,495 | ||
| 5,142 | ,775 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Due In one years | 19,500 | 19,500 | ||||
| Due In two tofive years | 28,582 | 48,082 | ||||
| 48,082 | 67,582 | |||||
| 13. | MOVEMENT IN | FUNDS | ||||
| Net movement | ||||||
| At 1JL21 | in fundsf | At31.3.21 E |
||||
| Unrestricted funds |
||||||
| General fund | 199,527 | (2,991) | 196,536 | |||
| Restrkted fund | 58 | 58 | ||||
| TOTALFUNDS | 199,527 | (2,933) | 196,594 | |||
| Net movement | in funds, included | In the above are as follows: | ||||
| Incoming | Resources | Mmiement | ||||
| resoiirces f |
expended f |
In funds f |
||||
| Unrestricted funds |
||||||
| General fund | 39,464 | (42,455) | (2,991) | |||
| Restricted fund | 100 | (42) | 58 | |||
| TOTAL FUNDS | 39,564 | f42,497) | (2,933) |