2023-05-31-accounts

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2 to 4
Statement ofTrustees'	Responsibilities
Independent Examiners	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial	Statements	9to 17

		R	eference and	Adm
Trustees			C Shanks
			D Harris
			M Cook
			G Bashali
			SShanks
Charity Registration		Number	1]72852
Registered	Office		The Engine	Shed
			Mewsbrook	Park
			Hendon Avenue
			Littiehampton
			West Sussex
			BNI62LX
Independent	Examiner		Hodson tk Co
			Wiston House
			1 Wiston Avenue
			Worthing
			West Sussex
			BN147QL

Stat	ement	ofFinancial	Activities f	or the Year End	ed 31May 20	23
				Unrestricted	Restricted	Total
				funds	funds	2023
			Note	tt	8
Income and Endowments		from:
Charitable activities				47,849		47,849
investment income				83		83
Total income				47,932		47,932
Expenditure on:
Charitable activities Total expenditure				(39,564) (39,564)		(39,564) ~39,564)
Net income				8,368		8,368
Transfers between	funds			14	(14)
Net movement in funds				8,382	(14)	8,368
Reconciliation offunds
Total funds brought	forward			88,286		88,300
Total funds carried	forward		12	96,668		96,668
				Unrestricted	Restricted	Total
				funds	fundsf	2022 8
Income and Endowments		from:
Charitable activities				55,471	2,438	57,909
investment income				2		2
Total income				55,473	2,438	57,911
Expenditure on:
Charitable activities				(32,609)	(1,915)	(34,524)
Total expenditure				(32,609)	(1,915)	(34,524)
Net income				22,864	523	23,387
Transfers between	funds			3,056	(3,056)
Net movement in funds				25,920	(2,533)	23,387
Reconciliation offunds
Total funds brought	forward			62,366	2,547	64,913
Total funds carried	forward			88,286	14	88,300

		Balance Sheet as a	t 31May 202	3
				2023	2022
			Note
Fixed assets
Tangible assets				39,302	30,796
Current assets
Debtors			9	6,678	5,115
Cash at bank	and in hand		10	51,403	53998
Creditors: Amounts		falling due within one year		58,081 ~715	59,113 ~1.609)
Net current	assets			57,366	57,504
Net assets				96,668	88,300
Funds ofthe	charity:
Restricted income funds
Restricted funds					14
Unrestricted	income	funds
Unrestricted	funds			96,668	88,286
Total funds			12	96,668	88,300

							Unrestricted	Unrestricted
							funds		Total
							General		funds
interest receivable			and similar	income;
	Interest receivable on bank deposits								83
Total for 2023
Total for 2022
5	Expenditure		on charitable	activities
							Unrestricted
							funds		Total
						Note	General		2023f
Railway operation							37,207		37,207
Allocated support			costs				1,202		1,202
Governance		costs					1,155		1,155
							39,564		39,564
						Unrestricted
						funds	Restricted		Total
						General	funds		2022
					Note
Railway operation						30,056		1,915	31,971
Allocated support			costs			1,460			1,460
Governance		costs				1,093			1,093
						32,609		1,915	34,524
						Activity
						undertaken	Activity
						dtrectly	support	costs	2023
						8			8
Railway operations						37,207		1,202	38,409
						Activity
						undertaken	Activity
						directly	support	costs	2022
Railway operations						31,97]		1,460	33,431

				Unrestricted
				funds	Total
				General	funds
					g
Independent examiner		fees
Examination	ofthe	financial	statements	1,155	1,155
Total for2023				1,155	1,155
Total for 2022				1,093	1,093

8 Taagibl	e fixed assets
		Furniture	and	Other tangible
		equipment		Gxed	asset	Total
						8
Cost
At 1 June 2022		20,142			29,990	50,132
Additions			557		15,021	15,578
At 31May	2023	20,699			45,011	65,710
Depreciation
At 1 June 2022			7,355		11,981	19,336
Charge for	the year		2,571		4,501	7,072
At 31 May	2023		9.926		16,482	26,408
Net book value
At 31 May	2023	10,773			28,529	39,302
At 31 May	2022	12,787			18,009	30,796
9 Debtors
				2023		2022
Prepayments				5,117		3,927
Other debtors				1,561		1,188
				6,678		5,115
10 Cash and cash equivalents
				2023		2022
Cash on hand					170	222
Cash at bank				27,373		35,000
Short-term	deposits			23,860		18,776
				51,403		53,998

11 Creditors: autounts	falling due withia one year
		2022		2022
		s
Other creditors			1	I
Accruais			714	1,608
			715	1,609

12 Funds
								Balance	at
		Balance		at I	Incoming	Resources		31 May
		June	2022 f		resources	expended	Transfers f	2023f
Unrestricted funds
General
Railway Operation		88,286			47,932	(39,564)	14	96,668
Restricted funds
Sussex Community	Trust			14			(14)
Total funds
								Balance	at
		Balance		at I	Incoming	Resources		31May
		June 2021 f			resources f	expended	Transfers	2022
Unrestricted funds
General
Railway Operation		62,366			55,473	(32,609)	3,056	88,286
Restricted
Sussex Community	Trust			132			(118)		14
Track Repairs				800		(800)
Mewsbrook Ticket OAice Queen Elizabeth Total restricted funds			1,115 500 2,547		2,438 2,433	(1,115) ~3,935	~29363 ~3,9563		14
Total funds		64,913			57,911	(34,524)		88,300

13 Analysis ofnet funds
		Financing cash	At 31May
Cash at bank and in hand	At I June 2022 f 33,998	flows ~(2395	2023f 51,403
Net debt	53„99S	(2,595)	51,403