2022-03-31-accounts

		Page
Report ofthe Trustees		1 to 6
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet		9to 10
Notes to the Financial Statements		11to 18

		2022	2022	2022	2021
		Unrestricted	Restricted	1otal	Total
		Funds	Funds	Fund	Fund
	Notes
INCOME AND ENDOWMENTS
Donations and legacies		5,757	150	5,907	2,328
Charitable activities
Charitable activities		17,458		17,458	12,104
Investment income
Investment income		14		14	132
Government Grants
Covid support grant					25,000
Total Income		23,229	150	23,379	39,564
EXPENDITURE
Charitable activities
Cost ofcharitable activities		1,720		1,720	1,348
Support costs		47,427		47,427	40,979
Grants payable		150		150	170
Total expenditure		49,297		49,297	42,497
NET INCOME/(EXPENDITURE)		(26,068)	150	(25,918)	(2,933)
RECONCILIATION OF FUNDS
TOTAL FUNDS BROUGHT FORWARD		196,536	58	196,594	199,527
TOTAL FUNDS CARRIED FORWARD		170,468	208	170,676	196,594

				2022	2021
			Restricted	Total	Total
		Unrestricted Fund	Fund	Funds	Funds
	Notes
FIXEDASSETS
Tangible assets		37,766		37,766	41,918
Investments		1,000		1,000	1,000
		38,766		38,766	42,918
CURRENT ASSETS
Debtors	10	2,062		2,062	2,260
Cash at bank and in hand		135,364	208	135,572	156,558
		137,426	208	137,634	157,818
CREDITORS
Amounts falling due within one year	11	(5,724)		(5,724)	(5,142)
NET CURRENT ASSETS		131,702	208	131,910	153,676
TOTAL ASSETS LESSCURRENT
LIABILITIES		170,468	208	170,676	196,594
NET ASSETS		170,468	208	170,676	196,594
FUNDS	13
Unrestricted fund				170,468	196,536
Restricted fund				208	58
TOTAL FUNDS				170,676	196,594

2.	DONATIONS	AND LEGACIES	Unrestricted	Restricted
			2022	2022	Total	2021
			E	E	E
	Donations		5,085	150	5,235	2,069
	Gift aid		672		672	259
			5,757	150	5,907	2.323
3.	INCOME FROM CHARITABLE ACTIVITIES		Unrestricted	Restricted	Total	2021
			E	E	E
	Membership	income
	Full membership		9,265		9,265	9,380
	Student membership		383		383	468
	Associate membership		1,751		1,751	1,689
	Other income
	Refreshment	sales	1,410		1,410	19
	Sundry sales		4,649		4,649	548
			17,458		17,458	12,104
	INVESTMENT	INCOME AND GOVERNMENT
4.	GRANTS		Unrestricted			2021
	Bank interest	receivable	14			132
			Unrestricted			2021
	GOVERNMENT	GRANTS
	Covid-19 Grant					25,000

COSTS OF CHARITABLE ACTIVITIES	2022	2022	2022
	Unrestricted	Restricted	Total	2021
DIRECT COSTS		E	E
Library costs	274		274	218
Magazine costs	517		517	672
Sundry purchases	929		929	458
	1,720		1,720	1,348
	Unrestricted	Restricted	Total	2021
SUPPORT COSTS
Postage and stationery	423		423	367
Rent	19,742		19,742	19,686
Insurance	2,835		2,835	2,414
Light and heat	5,287		5,287	2,493
Rates	2,697		2,697	720
Telephone	515		515	418
Sundries	2.987		2,987	3,017
Depreciation oftangible fixed assets	7,993		7,993	7,991
Loss on disposal oftangible fixed assets				225
Repairs and maintenance	3,448		3,448	2,148
Examiners fee	1,500		1,500	1,500
	47,427		47,427	40,979
GRANTS PAYABLE	2022			2021
Charitable activities	150			7 777

			2022	2021
Talyllyn	Railway Preservation	Society	25
LNWR	Society		25
Birrningharn Model Railway		Club		50
			50	50

TANGIBLE FIXEDASSETS
	Leasehold	Building
	improvements		Fixtures &fittings	Totals
		E		E
COST
At 1 April 2021		45,520	28,579	74,099
Additions			3,840	3,840
Disposals
At 31 March 2022		45,520	32,419	77,939
DEPRECIATION
At 1 April 2021		15,271	16,910	32,181
Charge for year		2,276	5.716	7,992
Eliminated on disposal
At 31 March 2022		15,271	22,626	40,173
NET BOOK VALUE
At 31 March 2022		27,973	9,793	37,766
At 31 March 2021		30,249	11,669	41,918

				2022	2021
	Turnover			1,351	136
	Expenditure			(3,192)	2,675
	Profit and
	loss			(1,841)	2,811
	Net assets			397,419	398,251
10.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
				2022	2021
	Prepayments			2,062	2,260
				2,062	2.299
11.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
				2022	2021
	Other creditors			310	290
	Accruals and deferred
	income			5,414	4,852
				5,724	5,142

	Future minimum	Future minimum	lease payments	under operating	leases:
							2022	2021
	Due in one years						19,500	19,500
	Due in two to five years						9,082	28,582
							28,582	48,082
13.	MOVEMENT	IN FUNDS
							Net movement
						At 1.4.22	in funds	At31.3.22
						f	f	f
	Unrestricted	funds
	General fund					196,536	(26,068)	170,468
	Restricted fund					58	150	208
	TOTAL FUNDS					196,594	(25,918)	170,676
	Net movement	in	funds, included	in the above are	as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
							f
	Unrestricted funds
	General fund					23,229	(49,297)	(26,068)
	Restricted fund					150		150
	TOTAL FUNDS					23,379	(49,297)	(25,918)