Registered Charity No: 1164647
DELAINE HERITAGE TRUST
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
DELAINE HERITAGE TRUST- 31st December 2023
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1-2 |
| Independent Examiner's Report | 3 |
| Statement of Income & Expenditure | 4 |
| Statement of Assets & Liabilities | 5 |
| Notes to the financial statements | 6 |
TRUSTEES’ ANNUAL REPORT
PERIOD 01/01/23-31/12/23 CHARITY NAME Delaine Heritage Trust REGISTERED CHARITY NO: 1164647 PRINCIPAL ADDRESS Delaine Bus Museum, 8 Spalding Road, Bourne, Lincolnshire, PE10 9LE
TRUSTEES
Ian Delaine-Smith Kevin Delaine-Smith Anthony Delaine-Smith (Chairman) Mark Delaine-Smith
INDEPENDENT EXAMINER
Niall Kingsley FCA Duncan & Toplis Limited 3 Princes Court Royal Way Loughborough LE11 5XR
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Document Constitution How the charity is constituted Charitable Incorporated Organisation Trustee selection method Appointed by existing Trustees
OBJECTS AND ACTIVITIES
To establish and maintain a Museum for the benefit of the public dedicated to preserving, promoting and displaying in perpetuity including but not by way of limitation the collection of heritage buses, photograph’s, documents, ledgers, artefacts and memorabilia of Delaine Buses Ltd, for the purpose of education, reference, research and general interest.
SUMMARY OF THE MAIN ACTIVITIES UNDERTAKEN FOR THE PUBLIC BENEFIT IN RELATION TO THE OBJECTS
OPEN DAYS: The Museum is open on the second Saturday of the month between March and October. Two heritage bus rides are operated by a member of the Heritage Fleet on two of the established heritage routes, offering visitors up to 28 miles of heritage bus rides.
RUNNING DAYS: Two Running Days are held during the year roughly six months apart. The Spring Running Day is the larger event and the Heritage Fleet are joined by a number of guest vehicles operating a frequent headway on three heritage routes along sections of Delaine services to the north, south and west of Bourne. The 1315 mile round trips are each completed in approximately 35 minutes offering visitors plenty of variety during the course of the day.
The Autumn Mini Twilight Running Day utilises the older members of the Heritage Fleet which operate from early afternoon until early evening, enabling visitors to experience the tungsten lighting of yesteryear in the twilight hours.
GROUP VISITS: Are available on selected weekday evenings or on Saturdays between March and October. School visits are available on selected weekday mornings.
OTHER EVENTS: Members of the Heritage Fleet attended a number of events organised by various Charitable Groups and Preservation Society’s and participated in operating bus rides at events where they were being offered.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
SUMMARY OF THE MAIN ACHIEVEMENTS OF THE CHARITY DURING THE YEAR
The invaluable work carried out by our volunteers ensured the Museum was maintained and the Heritage Fleet kept in a serviceable condition to enable the smooth delivery of our Open Days, Running Days and other events.
We welcomed an additional member to the Heritage Fleet in December with the donation of X7 OCT, an East Lancashire Coachbuilders ‘Vyking’ bodied Volvo B7TL. New to Delaine Buses (Fleet No: 130) in December 2000, it was the first step-free entry/wheelchair accessible vehicle in the Delaine fleet. Withdrawn on the 23[rd] anniversary of entering service and presented to the Trust.
Cataloguing and storage of documents within the Archive is now being progressed to International Archival Standards following collaboration with the UK Bus Archive.
Our continued policy of promoting the Museum as an ideal venue to meet up with family or like-minded friends has proved popular with local family’s with younger children and seniors. The visitors book reflects we also continue to attract visitors from various parts of the country.
The Spring and Autumn Twilight Running Days were both well attended as the revised formats adopted in 2022 have proved to
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be popular. Schoolchildren from a number of local primary sthoots tefftbj frt¥n a vwt lo the Museum. induded a pre8entstion. 08As, a guided ttyJr aThJ a bus rpje. Arnongst ts numerous Grow Visits. ffterS ol the (hnnibjs Sooety as part of tsir Pre5thn vthich was held In Lincolnshire. Wè 8Lso hostsd Corporats avants for BBC'S BaffJain HLW)t prty)rY. as contastsnts Grn•n Room and kxab.cn for filmiThJ of the dosing s8quenc85 in conjuncbon wth a nurnber of 8pisoJes teing ffikn8d at the adj8eent Auth"oneern. also hosted a regional meeting of the East Midland5 BrarKh of th8 Confederation of Passeryr Tran5wrL The Merchandise Stall 8ThJ Sck Bar contr.nue to wv¥Je the Trustwth valuable Jpp)entsry ino)me. Th¥ Trust eontiftuas to bè a Mambar of thè 'Nab"onal Associalion ol Road Transport Musaums,, whid) rapSants membars intets to Govgmrnent Deparbnents. Agenges arnl Re9ulators As a mernber. Trust b?fits frryn us¥fvl 8¢Jwc• ¢n statutory guidance, best praclise, pol$ aThJ procedufes. and has att8ss to a fonjm lo exchan Kl8as and share eXpenÈn wth other organisthons wth similar aims. The Trust also conbnues to be a m•rnb8r of The L•yL4nd Socty. 0 are abl8 to provide d81ald infonnab'on rOting to L18nd h1$S trom their &xtgn$i¥g •r¢hw ond ass¢t in wurc4NJ IwYo¢•m¢nt p8r FINANCIAL REVIEW Brief Staiernent of the Chority's pc4y rg8eThp¥'. In vi8w ofth• h)w ol op•rating •xp8ndrtur• tr1•$ hav• not to adopt a fml r•s•Ms polry at the pr8s•nt "m8. Dtal of any matsrially in d8fi¢it". NIA DECLARATION Slgmd on b•h•ll of all th• tru•t••• A D•I•l-sMIth Trustee M Ddain&&nth Trusts8 Date.. oi11012
Independent Examiner's Report to the Trustees of Delaine Heritage Trust
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31[st] December 2023 which are set out on pages 4 to 6.
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed:
Niall Kingsley FCA The Institute of Chartered Accountants in England and Wales
Duncan & Toplis Limited 3 Princes Court Royal Way Loughborough Leicestershire LE11 5XR
Date: 11/10/2024
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DELAINE HERITAGE TRUST
Registered Charity No: 1164647
ACCOUNTS: 01/01/23 - 31/12/23
| INCOME Admission Merchandise Refreshments Donations (Corporate) Donations (Individuals) Gift Aid Miscellaneous Bank interest Sub Total Asset & Investment Sales TOTAL EXPENDITURE Property/Iiability Insurance Rates Heritage Fleet Insurance Heritage Fleet RoadTax/MOT Heritage Fleet Repairs Vehicle Storage Merchant Fees Postage/Printing/Stationery Merchandise Refreshments Advertising Subscriptions Miscellaneous Sub Total Asset & Investment Purchases TOTAL ANNUAL SURPLUS/(DEFICIT) Transfer between Funds Cash Funds last year end Movement in fixed assets Cash funds this year end |
Unrestricted Restricted Endowment Total Funds Funds Funds Funds £ £ £ £ 2,861 0 0 2,861 802 0 0 802 1,144 0 0 1,144 13,150 0 225,000 238,150 4,754 0 0 4,754 735 0 0 735 145 0 0 145 697 0 0 697 24,288 0 225,000 249,288 0 0 0 0 24,288 0 225,000 249,288 1,723 0 0 1,723 286 0 0 286 1,040 0 0 1,040 667 0 0 667 0 0 0 0 570 0 0 570 30 0 0 30 290 0 0 290 232 0 0 232 722 0 0 722 374 0 0 374 110 0 0 110 0 0 0 0 6,044 0 0 6,044 1,734 0 0 1,734 7,778 0 0 7,778 16,510 0 225,000 241,510 35,005 0 0 35,005 (10,000) 0 (225,000) (235,000) 41,515 0 0 41,515 2023 |
2022 Total Funds £ 2,571 549 1,095 3,000 4,049 738 755 0 |
|---|---|---|
| 12,757 0 |
||
| 12,757 | ||
| 1,120 409 873 543 228 480 23 191 16 566 260 97 96 |
||
| 4,902 1,375 |
||
| 6,277 | ||
| 6,480 | ||
| 28,525 0 |
||
| 35,005 |
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STATEMENTOFASSFtS&ilABILillESAT3111Y23 2022 Total Restricte(J Funds End0¥en1 Total Fund5 Funds Fund5 Funds FIXEDAS5Ers Lano & BuildingiprofesslonalvalL4kn1 Hefttoge Bttsesllngjied waluÈi Olher Heiits8eAssetsiiMyredv*uel FixtulesiF1ftgDi$ptsy5 Ttyx$ispare¥EquipmeThi lestYaly¢i TOTAL 225.000 225,0 40.oc S.OC¥) 50.000 5,000 10.222 5,000 70,222 S.WO 11,956 5,CK)O ii. 270.000 CURRENT ASSETS Cash Fundj Lioyds Bank Cash In Hand Oth•rmon•tsryass•ts Debtors INoThel 41.515 41.515 35,005 TOTAL 41.515 41.515 35.005 CUARENTUAOIUTIES Cre¢rtor5lNonel TOTAL TOIALNET ASSETS 78.471 270.000 348.471 106.227 Signed on behallof allthe iNsioes Name Date 07110 OELAIuE- Shir
DELAINE HERITAGE TRUST
Registered Charity No: 1164647
Note to the Financial Statements- Extraordinary Items
Included within Donations (Corporate) in the accounts is a one-off donation totalling £225,000 (2022: £NIL) in respect of land & building donated to the Trust by Delaine Holdings Ltd. This donation has been included in line with a professional valuation of the land.
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