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2022-09-17-accounts

Trustees Annual Report 2021-2022 Lowdham Railway Heritage

CIO 1163610

Aims

To preserve and restore for the benefit of the public the historic Victorian signal box once operational at Lowdham Station in Nottinghamshire, together with the equipment contained therein, and to provide the public with access to the signal box and other relevant exhibits in order to provide demonstrations of railway signalling history and practice designed to educate and inform the public.

Progress in the Year from Sept 2021

We started the last financial year from Sept 2020 with the big move, with a lot of expense for a small organisation. Then there was the initial restoration making the box weatherproof and fitting a new staircase. We completed the bulk of the restoration in time to open in August 2021.

This financial year was a lot quieter, with our focus on three projects. Firstly, was some on-going restoration work, although this did not incur much expenditure. Secondly, we purchased a fair amount of computer equipment and electronic components with a view to making the simulator to bring the box to life. Finally, we rebuilt the heavy-duty stock fence that once formed an edge of the former cattle dock. We also completed the re-locking of the lever frame, so that it now works as originally designed in 1896.

During the year, the Midland Railway Study Centre drew our attention to a photo collection from the late Nigel Hadlow, which included many previously unpublished images of the Nottingham to Lincoln line. In collaboration with the Friends of Lowdham and Burton Joyce Stations, we produced a series of historical information boards, used them as a special display for the two weekends of Heritage Open Days in September, before the boards went on display at the relevant stations along the line.

We would like to acknowledge the support we have received from the public, and from the railway community. It has been a real pleasure to welcome visitors to the box, and to bring so much to life. A special joy is when former railwaymen or signalmen visit.

Future projects

There is a lot of work to do on the simulator project , although very little future expenditure will be needed.

We also anticipate replacing the weatherboarding on the lower back face of the box with proper boards with an overlap. The current boards were available cheaply, and more importantly, quickly, to make the box weatherproof but unfortunately, have since shrunk, leaving gaps.

We are still hopeful of obtaining a Midland Railway gate wheel .

We would like to replace the plastic gutters and downpipes with cast iron.

Finance

In future years, we expect our running costs to be around £1,000, most of which is insurance, and our income to be mostly visitor donations, with some additional expenditure on paint, maintenance, and minor improvements.

Approved by the trustees

David Moore, Chairman of Trustees

Lowdham Railway Heritage Annual Report 2021-2022.docx

Accounts for Lowdham Railway Heritage, 2021-2022

Lowdham Railway Heritage was incorporated on 17 Sept 2015.

Income
Gift Aid Donations
50.00
Small Donations
1,337.00
Nochex Donation
108.26
Tax reclaim
465.09
Sale of signs etc
1,749.77
Total income
3,710.12
Expenditure
Restoration
1,455.01
Cost of Sales
841.76
Tools
0.00
Vintage parts
0.00
Running costs
702.04
Fence
573.48
Total Expenditure
3,572.29
Surplus for the year
137.83
Balance Sheet
Bank at start of year
965.44
Nochex at start of year
157.16
Start of year funds (17/9/21)
1,122.60
Surplus for the year
137.83
Bank at end of year
1,260.01
Nochex at end of year
0.42
End of year funds (16/9/22)
1,260.43
1,260.43
Current Assets
Dummy Detonators
30.00
Total Assets
30.00
Current Liabilities
Total Liabilities
0.00
Cash + Assets - Liabilities
1,290.43
Fixed Assets (Valued at purchase or scrap value)
Gate Wheel
200.00
Signal
50.00
Chain pulleys
50.00
Ground Frame
100.00
Land
5,900.00
Total Fixed Assets
6,300.00
Fixed Assets written off
6,300.00
Total Value
1,290.43
50.00
1,337.00
108.26
465.09
1,749.77
50.00
1,337.00
108.26
465.09
1,749.77
3,710.12
1,455.01
841.76
0.00
0.00
702.04
573.48
965.44
157.16
3,572.29
137.83
6,300.00
6,300.00
1,290.43
NoChex Account
Opening Balance 157.16
Income 108.26
Transfer to Bank 265.00
Closing Balance 0.42