2021-03-31-accounts - Friends Of March Railway Station (Fomrs)

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Charity Number: 1172812 Company Number: CE010206

The Friends Of March Railway Station (FOMRS)

Annual Report and Accounts

1 April 2020 – 31 March 2021

Purposes, Aims and Objectives

The purposes, aims and objectives of the Friends Of March Railway Station (FOMRS) are:

Maintaining and preserving buildings of heritage importance and interest, associated with the history of railways in March
Make the facilitates of a community room, library, meeting facilities and lecture room available to community groups and community support groups
Providing resources for learning about the history of and the role the railway has played in development of the town
A place to display and be viewed by the general public, artefacts donated to the group that relate to the railway history of March

Achievements

This year has been particularly challenging for the group. No sooner had the new period started we were into national lockdowns due to the Coronavirus Pandemic.

This meant that all the groups events had to be cancelled and all work came to a stop. The situation remained very much on hold for the fully 12 months.

A few visits were carried out by members of the group to keep an eye on the facilities. We did suffer from some vandalism and a break-in, which did lead to expenditure needed to replace locks, etc.

Some limited work did take place during the restrictions, mainly around enhancing the security by the installation of additional security bars to the windows. A grant was received from the Hereward Community Rail Partnership to help pay towards this.

Financial Review

Total receipts on unrestricted funds for the period were £55.02. A restricted grant of £1,000 was received from Hereward Community Rail Partnership towards the purchase of security bars for the windows. The restricted grant of £400 from March Town Council received in 2019-2020 for a gazebo for events which was to be purchased in March 2019, but due to Covid19 this expenditure did not happen as the event was cancelled. The restricted funds will be carried over a further year until events can be restarted and the gazebo can be purchased.

£1,628.49 was spent on maintenance and repairs of the rooms and the outside works (including the £1,000 restricted funds for the window security bars). Other costs were plants for the station area at £77.30, and £30.00 for Cambridgeshire Council for Voluntary Services annual membership.

The net result for the year was a deficit of receipts over payments of £650.77. Adding bank and deposit balances brought forward at the beginning of the year, the balance carried forward at 31st March on unrestricted funds is £2,123.93.15 plus £400.00 restricted funds.

Reserves Policy

FOMRS has an agreement to maintain a balance of circa £2,500 to cover any unforeseen costs. During the Pandemic we have had to fall back on reserves to cover the deficit. We plan to replenish the reserves as soon as we can commence fundraising activities and events. FOMRS works on a basis of applying for Grants for specific projects but in general the grant payments although awarded are not paid out until the work has been carried out. The reserves balance held is to fund any projects prior to grant pay out.

Volunteers

We would like to thank all our volunteers that work hard to make the station a vibrant and lively place.

Structure, Management and Governance

The FOMRS structure, management and governance is defined in our constitution. We have a Committee of four Trustees that fulfil the officer roles of Chairperson, Vice Chairperson, Secretary and Treasurer.

All decisions are overseen by the Committee and all members have voting rights on all proposals, which are discussed and voted on at regular members meetings and the AGM.

Administrative Information

The Friends Of March Railway Station is based at and has the buildings on Platform 2 of March Railway Station, the address of which is 4 Station Approach, March PE15 8SJ.

The FOMRS Committee of Trustees for the period of this report were:

Adrian Sutterby – Chairperson

Gary Christy – Vice Chairperson

Max Mobius – Secretary

Nicola Christy – Treasurer

----- Start of picture text -----
Friends Of March Railway Station (FOMRS) 1172812
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 01/04/2020 31/03/2021
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Donations 52 - - 52 -
Grants - 1,000 - 1,000 -
Funds from Events - - - - -
Interest 2 - - 2 -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
55 1,000 - 1,055 -
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 55 1,000 - 1,055 -
A3 Payments
Plants 77 - - 77 -
Cost of Events - - - - -
Maintenance and Repairs 598 1,000 - 1,598 -
CCVS Membership 30 - - 30 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 706 ] 1,000 - 1,706 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 706 1,000 - 1,706 -
Net of receipts/(payments) - 651 - - - 651 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end 2,775 400 - 3,175 -
Cash funds this year end 2,124 400 - 2,524 -
----- End of picture text -----

CCXX R1 accounts (SS)

18/01/2022

Section B Statement of assets and liabilities at the end of the period

Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets	Signature Bank Accont Cash Details *Total cash funds* (agree balances with receipts and payments account(s)) Details Details Details Details	Unrestricted funds Restricted funds to nearest £ to nearest £ 1,799 400 325 - - - 2,124 400 OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name	Endowment funds to nearest £ - - -
			-
			OK
			Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval

CCXX R2 accounts (SS)

18/01/2022