Charity registration number.. 1164467 St. James Deeping Signal Box Group Annual Report and Financi81 Slalemenls for the Year Ended 31 December 2024 Moore Thompson 27 Market Place Market Deeping Peterborough PE6 8EA
St. James Deeping Signal Box Group Contents Trustees, Report 1103 Slalemenl of Financial Aclivrties Balance Sheet Notes lo the Financial Slalemenls 61012
St. James Deeping Signal Box Group Trustees. Report The Iruslees present the annual report Icgelher with the financial statements of the chanty for the year ended 31 December 2024. R•f•rnnce and Administrative Oetails Truste0• Stuart Hall Ichairl Richard 8rader Lynda Hall Prlnclpal Offlc• 149 Station Road Deeping St James Pelerborough Lincolnshire PE6 8RH CharV Ro918tr4tlon Numb•r 1164467 Pago 1
St. James Deeping Signal Box Group Trustees. Report Sl. James Deeping Signal Box Group was established and registered with the Charity Commission in November 2015 and is governed by 8 trust deed dated the same dale. Ils charity number 1$ 1164467 and it Is registered as a Charitable Incorporated Organisalion. Obl•ct• The object of the charity is lo rebuild the local signal box in Deeping Sl James lo how a working signal box used to operate in the mid-1900's. as well as lo give talks about the railway and local heritage. Truit•e• The trustees who served the charity during the period were as detailed on Page 1. New Iruslees are recruited from a group who have shown a keen interest in the work of ltrie charity and have abilities required on the governing body. Training is pmvided lo keep Iruslees up lo dalè with new legislation el¢. a¥ roquirod. Publlc B•n•llt The Iruslees have given dLse regard lo the guidance published by the Charity Commission on public benefit. The Iru8lees eonsider that the full detai15 01 the public benefit have been disclosed within the activities, achievements and perfomiance sections below. Achl•v•rn•nt• and p•rformance Hlghllghts Firstly our apologies for the delay In submitting our annual report lo you. Unfortunately Thè Sl James Deeping Signal Box charity is domianl 81 the moment as we are struggling lo gel the support we n6ed lo see thg projed through With only 3 Iruslees las 8 result of death and illness and home relocalionl we just cannot maintain the level of enthusiasm and experience needed lo move forward. Page 2
SL James Deeping Signal Box Group Trustees. Report Hlghllghts Continu•d We are having last effort lo push forward and revwe the project. bul if this is not possible. we are In negotiations with anothei raIaY heritsge group. The Nene Valley Raihvay. l¢xaled in Pelerborough who would like lo lake on Ihe rebuild of the box as part of an extension lo one of their projects. Although sadly this would not be in the location of the original hoped for rebuild. Our finances have received no incxNne this year, bul we have paKI out for the necessary expenses. We hope you understand our position and the disappointment we feel al not béing ablg lo successfully complete the project. We will of course keep you informed of any future developments. We confirm that the above report is a true and fair roprg8ontats.on of the charity's work for the financial year 0110112024 10 3111212024. The annual report was approved by the Iru$lee$ of the charity on oIIIx!*S.... and signed on 118 behalf by.. rSHall Mrs L Hall Chaiman Secretary Pa9è 3
SL James Deeping &gnal Box Group Ststsm•nt of Flnancial Activities for thè Year Endod 31 Docemb•r 2024 RtrICt funds Unr•6trlctsd lund• Total 2024 Total 2023 Note Incorne and Endowments trom: Donations and 8cies Grants. Induding capital grants. Memberships Total Incorne 316 3.731 3.731 218 3.731 S34 Raising funds Choritable artivit9 Governance costs 167el 16761 16731 504 456 Total Expenditure 11,1801 11.1801 11,1291 N¢1 mov•mènt in lunds 13,7311 11,1801 14.9111 15951 R•¢on¢lllatlon of lund• Tol81 funds tsrought fofward 4.713 54.681 59.394 59.989 Tolal funds car0 forwar 53.501 Y.483 59.394 All olth• ehantli adivrtitrs dwiwa frn ¢tInlI¥j ¢pJrobon$ duriTrJ Ihe at)¥e b¥0 perh0 The fund8 brnakdown for 2024 1$ 8hown in nol¢ 11 PagÈ 4
SL James Deeping Signal Box Group (Registration number: 1164467} Balance Sheet as at 31 December 2024 2024 2023 Nots Flxed assets Tangible assets 52,025 52,025 Current assets Cash al bank and in hand 5,436 10,347 Credltorn: Amounts falling due withln ono year Net current a•s•ts 2.977 2,978 2,458 54.483 7,369 59,394 Net assets Funds of the charity: Unrestrbcted Income funds Unreslricled funds Restricted funds 53,501 982 $4.681 4,713 Total funds 54.483 59.394 The financial statements on pages 6 to 12 were approved by the trusteès. and authorised for issue on and signed on their behoN by". Mr Hall Chaiman Ft6.k..L.K.. Mrs L Hall Trustee Page 5
St. James D•eping Signal Box Group Notes to tho FlnancSal Statsmonts for tho Year Endod 31 Docomber 2024 1 Accountlng pollcles Statement of cornpli•nce The financial stslemenls have been prepared in accordan Ae¢ounb"ng and Reporb"ng by Charthes.. Statement of Recommended Practice applicable lo charilbes preparing thetr accounts In accordance vthh the Financial Reporting Standard applicable In the UK and Republic ol Ireland IFRS 1021 leffecttve 1 January 20151- (Chanties SORP IFRS 10211, the Finanual Repong Standard appluble in the UK and Republic ol Ireland IFRS 1021 and the Chbrities Act 2011. Ba¥1• of preparatlon Sl Jame$ Deeping Signal Box Group ffloet5 11 definibon of a publ benefit entty under FRS 102. Assets and li8bililies are initialty recognised at hislorical cost or Iran$adn value unless olherwse stated In thè rèlèvant accounting poliw notes. Ex•mptlon from pr•p•rlrtg ¥ ¢•sh flow •tstem?nt The charity opled lo earty adopt Bulleiin 1 published on 2 F•bwary 2016 and have therefore not incknded a $h Ilow stslemenl in Iheje financial statements. Golng conc•rn The trustees conSKler that there are no matedal uncertaints88 about lh• charilys abilty lo conts.nue aB a going concem. Jud9om•nt •nd Moy •our¢M of Mtlmatlon unc•rtalnty The prepar81ion ol the financial stslemen15 requires management to make judgements. estimales and assumptions Ihat effect Ihe amounls reported. These estimat6s and judgement$ are nty'nUally rewewed and are based on experience and other laclors. including •xp•ctations ol fulure evnl$ that are believed lo b8 r8asonable under Iht circumstances. Incom• and •ndowm•nt8 Voluntary Incorne including donatmjns. grft$. 189aoe$ •r#J 9i¥nt$ that provide c4Jre funding or are of a general nature Is recognised vthen the chanty has entitlemeni to the InMe. rf 18 probable thal the Income %ll be received and the amount can be measured with suffirAent reliabitsty. Donatlonj and leg•cl Oonalion5 and legacies are recogni8ed on a reCeNab basi8 when receipt is piobabb• and the amount can be r6liabty measured. Grnnts r•e•lvabl• Granls are recognised when Ihe charrty has an enbuement to the funds and any condrtions linked to the grants have been met Where performance condrtion5 are attached lo Ihe grant and are yet to be mel, the income is recognised as a liabilty and induded on the balance sheet as deferred income to bo rela$&d. P4e6
St. James DeepiTrg Signal Box Group Noles to the Financial Ststfrments for th• Y•ar Ended 31 Decemr 2024 Expendlture All expenditure is recognised once there is a al or constructNe otAigab"on to that expendrture, il Is protsable settlement is required and the amount Gan be measured reliabty. AJI costs are allocated to the applicable expenditure heading that ag9regale similar costs to Ihal calegory. Where cosls cannot be direcyy attributed to partJ"cular headings they have been allocated on a basis consistenl the use of resource5. Ral•lng fund• co•ts These are cosls 1ncurred in attrathng voluntary in¢om&. the m8nagemenl of inveslments and Ihostr inrJJrred in trading actiVitS thal raise funds. Charitsble ac¢ivitie• co•t• charitab aclivrties include the cosl ofthe acbvths defined by th ¢harity8 awns for the benefit ol the per8onB d8taibtJ In the ¢hantys objectives. Support ¢o•t• Support costs In¢lud¢ ¢tntr81 function5 and have been alkx4ted to athity cost categories on a basts eonsislenl the us• of rasources. for ex8rnple, allocating property cosls by floor areas, or per capita, staff costs by the time spent and other ¢o$ts ty their usage Govornance co•t• Th&$e In¢lude the costs attrib(trtsb lo th• ch&nty$ complwn¢e %bilh Cl$¢ituknal and 8tslutory r•quiremonl6. including audit. stralegic managemenl #nd trustees's meetings and reimbursed expenses. Taxatlon The charity 1$ Considered to pass the lests set out in Paragraph 1 Schedule 8 of the Finance Acl 2010 and thtrrelore il m¢l8 th$ definrtion of a chantable company lor UK ¢tsrporalion lax pvrpos•s. Aceordingty. the charity is ptslential exempt from taxation in respect of income or caprt81 gains CeNe within categones covered by Chapter 3 Part 11 of th¥ Corporation Tax Act 2010 or Section 256 of Ihe TalK)n of Charg¢•N• G¥Mi8 Acl 1992, to the xtent Ihat such income or gains are applied exusty 10 ¢harilable purposes. Tonglble Ilxed a•••t• Individual fixed assets a corded #l 91. Cash and cash •qulvabnts Cash and cash equivalent$ ¢ompnse cash on hand and call d•plIs. #nd oiher short4erni hty IiquKI investments that are readily convertible lo h kno4 arUnt of cash and ore subject to an insynfficanl iisk of change in ¥alu&. Fund •tructur• Unreslricted income funds are genèral fund$ thai are avaiiqble for use al the trustees's di8¢retKJn in furth8rafi of the obJectNes ol the charity. 2 Ineom• from donatbon• *nd l•gacle• Reslricted funds G•n¢r•l Unr•8trfetsd fund• Gener•1 Total 2024 Totsl 2023 Donations and legacies., Oonalions from individuals Grarnts. including c3Pttal grants.. Grant5 from other charrtie5 Memberships 316 3.731 3,731 218 534 P•Jo 7
St. Jamm Da•ping Signal Box Group Notes lo tho Financial Statements for tho Year Endod 31 D•c•mber 2024 3 Expenditure on ralsing lund• al c1$ of gen•ratSng donallon• and l•gacb• R•strictod lunds G•n•ral UnTe8trictgd lund• G•n•rnl Total 2024 Totsl 2023 Marketin9 and publicity Light. heat and power Insurance 25 179 522 676 25 179 522 876 523 150 873 bl Co•t• ol ch•rlt•bl• •ctlvltO•• Unre•trict•d fund• G•n•rnl fund• G•nernl Tot•l 2024 Tot•1 2023 Contr8ctor• No tru8le68. nor any persons connect•d them. have received any remunration from the charty ¢Juring the year. 4 Ind•p¢nd•nt •X4mln•rf• r•mun•rntlon 2024 2023 Examination of the financkgl statements $04 456 5 Tax•tlon The charty is a registered charity and is Iherefofe exempl fwcffi laXlOn.
SL James Deeping Signal Box Group Notos to tho Flnanclal Stst8ments for the Year Ended 31 December 2024 6 T#nglbl• fix•d as8•ts Land and bulldingi £ Furniture and quipment £ Total £ Cost Al 1 January 2024 Additions Al 31 Decembei 2024 Deprncl•tlon Al 31 December 2024 N•t book valu• At 31 December 2024 Al 31 Drnber 2023 33.930 18.095 52,025 33.930 18,095 52.025 33.930 33.930 52 025 52.025 18,095 7 D•bt0r•.' •moynt• falllng due wllhln one ye•r 2024 2023 Accffjed incom 8 Cr•dltorn: amounts l•lllng du? wrthln one y••r 2024 2023 Credrtors Accruals 2,497 480 2,522 458 Page g
St. James D•eping Signal Box Group Not to th• Financial Statements lor the Ye•r Ended 31 Decembèr 2024 9 Fund$ Balance at 1 January 2024 Incomlng ources Resourc exp•nd•d 8alan¢¥ Ot 31 Do¢•mr 2024 Unrestri¢i•d lund• Gen•rnl General lunds Balancè ai 1 January 2023 Ineoming rnsoufc Resourc expended 8alane• at 31 December 2023 Restrlcted fund• G•n•r•l NalKJnal HentO9• Lottery 982 Total Fund Balanc• 59,394 54.483 10 Analy818 of n•t 188•ts b•twwn lund• R•8trlct lund• Genernl Unr••trlct•d lund• G•n•ral 52.025 1,957 480 53 501 Totsl fund• Tangible fixed asset$ Current assels S2.025 5,436 2.977 3.479 2,497 Total net assets Paw 10
St. Jam•s Deeping Signal Box Group Not•s to tho Financial Statemonts for the Year Endod 31 Do¢ombof 2024 •nd BlwIO 2023 15gurei. Pag811
St. Jamos Doeping Signal Box Group Notes to the Financial St4tements for the Year Ended 31 December 2024 11 Fund Comparatlves Restrlcted funds Unr•strictod funds Totsl 2023 Income and Endowments from: Donations and legacies 534 534 Expendlture on- Raising funds Charitable activit5 Goverancè costs Total Expenditure Net movement bn funds 16731 16731 456 1.129 595 456 1.129 595 Reconciliation of funds Total funds brought fo8[ Totsl lunds carrièd loard 4.713 4.713 55.276 54.681 59.989 59.394 Balance at 1 Jonuary 2023 In¢omlng resourceg Resource• expend Balance at 31 Oecember 2023 Unrestricted funds General General fijnds Restricted funds Generdl Unrnstrict¢d funds Gener•1 52,025 3.137 Total funds Tangible fixed assets Currènt assets Current liabilities Total net assets 52.025 10.347 2.978 7.210 2.49 Page 12