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2024-03-31-accounts

Charity Number: 1172812 Company Number: CE010206

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The Friends Of March Railway Station (FOMRS)

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Annual Report and Accounts

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1 April 2023 – 31 March 2024

Purposes, Aims and Objectives

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

Achievements

It was intended that this year a renewed focus would be put into attracting new volunteers, so the Group had adopted a new approach to recruiting new volunteers by holding ‘Open House’ events on a monthly basis. By the end of the year a total of 9 volunteers had joined.

Two events had been held during the year – the Model Railway Exhibition in May and the Heritage Open Day in September. Attendance at both events had sadly been affected by Rail Strikes, which also meant there were no toilet facilities available as the station building was closed.

Works completed during the last year included maintenance of window frames and doors to replace rotten wood and repaint. The library floor tiles had also been professionally cleaned. Planters had been maintained on the operational side of the station, with three new ones made ready to be placed out the front of the station later this year.

The Group had linked up with other Volunteer Groups to get help with some of the projects planned, particularly the ‘Make & Mend’ March Men’s Shed Incorporating The Women’s Shed, who had helped restore some of the woodwork along the Old Platform 1.

Work on the Community Model Railway progressed well, with all the electrical work being completed in both directions of the layout making it operational for open days and events.

The group were approached to participate in a series of monthly Heritage Talks organised by Fenland District Council. The first one being delivered on A History of March Station in January and there two further events took place in February and March 2024, with the March talk being given by Peter Wright from the B17 Trust.

The Group have been fortunate to have a Victorian G.E.R. Carriage donated to it. This is to be dismantled by volunteers and the plan is to restore it and position it on the old Bay Platforms.

Financial Review

The Group opened a new online bank account set up with Lloyds.

Total receipts on unrestricted funds for the period were £xxx. This was substantially boosted by a donation from the Railway Employees & Public Transport Association (REPTA) which closed and distributed its funds to likeminded groups.

Restricted funds of £200 were also received towards the Victorian Carriage Restoration Project.

During the period £736.19 was spent on maintenance and repairs of the rooms and the outside works. Other costs were plants for the station area at £156.92, £30.00 for Cambridgeshire Council for Voluntary Services annual membership, £96.00 for the Groups Liability Insurance which is with Zurich Insurance, £54.50 for sundries and £22.07 event costs.

The net result for the year was a surplus of receipts over payments of £2,527.63. Adding bank and deposit balances brought forward at the beginning of the year, the balance carried forward at 31st March 2024 on unrestricted funds is £4.112.43 plus £600.00 restricted funds, giving a total of £4,712.43.

Reserves Policy

FOMRS has an agreement to maintain a balance of circa £2,500 General Funds to cover any unforeseen costs. As a result of the Pandemic the group had to fall back on these reserves to cover the deficit and plans to replenish the reserves through fundraising activities and events have been extremely successful. This was boosted by the REPTA windfall which has substantially bolstered the groups reserves and will allow the group to fund match large grant applications. To this end the group has made the decision to hold the current surplus in designated reserves for future project purposes for the restoration of the buildings on Old Platform 1.

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 did not happen will be carried over a further year until events can be restarted in earnest and the gazebo can be purchased.

Restricted funds are also being held for the Victorian Carriage Restoration project, and similarly these funds will be held outside of the Reserves Policy to fund this multiyear project.

FOMRS in general works on a basis of applying for Grants for specific projects.

Volunteers

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

Sadly this year saw the loss of three of the groups long-standing members. Jim Mears, Charles Paxton and Peter Thorne sadly passed away during the last year, all of whom had been dedicated to the work of the group and who’s contributions are recognised and appreciated by the group.

Structure, Management and Governance

The FOMRS structure, management and governance is defined in the groups constitution and FOMRS is a Charitable Incorporated Organisation (CIO) by Association (an organisation

with voting members other than its charity trustees). The Group has a committee of four Trustees that fulfil the officer roles of Chair, Vice Chair, 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.

At the AGM Adrian Sutterby informed the members that he intended to resign as Chairman and would not be standing for re-election. The Group thanks Adrian for 14 years of dedication to the Group.

Max Mobius had informed the Group earlier in the year of his intention to retire as Secretary at the AGM. The group thanks Max for all his work and for being the groups Secretary for many years.

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 up to date contact details for The Friends Of March Railway Station can be found on the Charity Commission website.

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

Adrian Sutterby – Chair (resigned 15 February 2024)

Robert Able – Chair (appointed 15 February 2024)

Gary Christy – Vice Chair

Max Mobius – Secretary (resigned 15 February 2024)

Mandy Ward – Secretary (appointed 15 February 2024)

Nicola Christy – Treasurer

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Friends Of March Railway Station (FOMRS) 1172812 Receipts and payments accounts For the period Period start date Period end date To from 01/04/2023 31/03/2024

CC16a

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest
£
2,837
303
283
-
-
-
-
-
3,423
-
-
-
3,423
157
22
736
30
96
55
-
-
1,096
-
-
-
1,096
2,327
-
1,785
4,112
Restricted
funds
to the nearest £
200
-
-
-
-
-
-
-
200
-
-
-
200
-
-
-
-
-
-
-
-
-
-
-
-
-
200
-
400
600
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
to the nearest £
3,037
303
283
-
-
-
-
-
3,623
-
-
-
3,623
157
22
736
30
96
55
-
-
-
1,096
-
-
-
1,096

2,527
Total funds
to the nearest £
3,037
303
283
-
-
-
-
-
3,623
-
-
-
3,623
157
22
736
30
96
55
-
-
-
1,096
-
-
-
1,096

2,527
Last year
to the nearest £
Donations 2,837 -
Grants 303 -
Funds from Events 283 -
- -
- -
- -
- -
- -
Sub total(Gross income for
AR)
3,423 -
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
-
Plants 157 -
Cost of Events 22 -
Maintenance and Repairs 736 -
CCVS Membership 30 -
Insurance 96 -
Sundaries 55 -
-
- -
- -
**Sub total ** 1,096 -
A4 Asset and investment
purchases, (see table)
-
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
-
2,327 200 -
2,527
-
- - - - -
1,785 400 - 2,185 -
4,112 600 - 4,712 -

CCXX R1 accounts (SS)

03/01/2025

1

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 £
3,171
600
941
-
-
-
4,112
600
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)

03/01/2025

2