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2022-08-31-accounts

Trustees' Annual Report for the period
From Period start date To Period end date
01 10 2021 31 08 2022

Section A Reference and administration details

PETERBOROUGH FARM MACHINERY PRESERVATION Charity name SOCIETY CIO

Other names charity is known by

Registered charity number (if any) 1170006 Charity's principal address 1 Charles Road Whittlesey Peterborough Postcode PE7 2RG

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body)
entitled to appoint trustee
(if any)
Brian Knight Management
Committee
Tony Fisher Management
Committee
Brian Lutkin Management
Committee
Leigh Granger Management
Committee
Patrick
Nightingale
Management
Committee
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for wholeyear

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Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document Constitution (eg. trust deed, constitution)

How the charity is constituted Charitable Incorporated Organisation (eg. trust, association, company)

Trustee selection methods Appointed by existing Trustees (eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

The objects of the CIO are to advance the education and benefit of the public in the history of agricultural machinery by procuring, maintaining, recording and exhibiting agricultural machinery, equipment that is of historic interest and value.

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The main activities undertaken for the public benefit in relation to these objects (trustees having had regard to the guidance issued by the Charity Commission on public benefit) have been:

Displaying historic machinery and organising working demonstrations at several shows attended by the general public. Providing an exhibition trailer as a display / meeting point.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

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March 2012

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Section D Achievements and performance

Summary of the main Raised substantial sum to donate to Thorney Primary school (Swimming achievements of the charity pool fund) and Air Ambulance at our combined working weekend and during the year open farm Sunday at Park Farm Thorney. Provided five evening meetings where speakers were invited to talk to the members about their particular area of interest. The meetings were well attended and typically attract 30 to 50 people which is down on previous years, it is felt that Covid understandably still is a concern for members (membership cohort is elderly) Current membership continues to be approximately 100 people. Return of public show events the society was able to attend with show trailer and members collections for the interest of the public Financial reserves continue to be satisfactory with previous years losses (last 3 years) pretty much recouped from events over this year. The trustees are pleased to see the committee have followed the wishes of the members by re-investing in the show caravan by completing some significant repairs and upgrades to show trailer to enable the society to continue to promote the society and attract new membership.

Section E Financial review Section E Financial review
Brief statement of the
charity’s policy on reserves
Details of any funds materially
in deficit
Further financial review details
Youmay chooseto include
additional information, where
relevant about:

the charity’s principal
sources of funds (including
any fundraising);

how expenditure has
supported the key objectives
of the charity;

investment policy and
objectives including any
Financial reserves are kept on bank deposit. The policy is to only use
these for significant expenses.
This period has seen funds being spent on repairs to our show caravan.
The committee continues to welcome direction/suggestions by the
members on how the reserves might be spent in promoting and
preserving agricultural and rural history.
The society has no borrowings, long term debt or financial commitments
beyond the normal annual operating costs.
(Optional information)

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ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Richard William Perren Position (eg Secretary, Secretary Chair, etc) Date 26th September 2022

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Peterborough Farm Machinery Preservation Society CIO Detailed Statement of Financial Activities

for the year ended 31 August 2022

Income
Donations
Subscriptions
Bank Interest
Other
Day Trips
Events
Sundry
Raffles
Assets
Total Income
Expenditure
Day Trips - Refunded
Events
Raffles
Room Hire & Food
Speaker Expenses
Accountancy Charges
Insurance
Tractor & Lorry Insurance
Postage
Seed Potatoes
Repairs of Equipment
Equipment
Bank Charges
HMRC Penalty
Sundry Expenses
Dementia UK
MND Association
Crowland Buffalo
Net Deficit for the Year
114.65
1,792.00
1,906.65
1.02
-
4,216.62
144.20
3,046.75
2,010.00
9,417.57
11,325.24
(200.00)
2,670.41
129.00
(2,599.41)
250.00
230.00
480.00
732.35
90.92
567.45
-
353.74
378.95
20.27
-
-
(3,103.68)
25.00
25.00
100.00
(150.00)
5,472.15
2022
12.00
860.00
872.00
0.83
-
479.20
-
-
479.20
1,352.03
240.00
-
-
(240.00)
507.24
-
680.00
267.78
174.07
262.82
600.00
229.72
-
-
(200.00)
30.00
(2,551.63)
-
-
-
-
(1,439.60)
2021

Peterborough Farm Machinery Preservation Society CIO Detailed Statement of Financial Activities

for the year ended 31 August 2022

Current Assets
Lloyds Bank Treasurers Account
Lloyds Bank Instant Account
Cash In Hand
Sundry Debtors
Current Liabilities
Monies due to members
Accountants Fees
Net Assets
Represented By
Balance Brought Forward
Net Surplus/(Deficit) for the Year
Balance Carried Forward
17,883.01
8,242.61
350.00
-
26,475.62
-
480.00
480.00
25,995.62
20,523.47
5,472.15
25,995.62
2022
12,196.73
8,241.59
565.15
200.00
21,203.47
200.00
480.00
680.00
20,523.47
21,963.07
(1,439.60)
20,523.47
2021