## **VALE OF BERKELEY RAILWAY CHARITABLE TRUST** **Trustees' Interim Report and Accounts** **For the financial year ending Sept 2022** ## **VALE OF BERKELEY RAILWAY CHARITABLE TRUST** LEGAL AND ADMINISTRATIVE INFORMATION ## **Governers of Trustee** Francis John Wooldridge Appointed 10 January 2018 Graham Leslie Sturgess Appointed 10 January 2018 Robin Charles Geoffrey Payne Appointed 10 January 2018 Resigned August 2021 Howard Patten Parker Appointed 10 January 2018 Paul William Richardson Appointed 10 January 2018 Andrew Charles Goodman Appointed 10 January 2018 Edward Paul Colechin Appointed 10 January 2018 Resigned Nov 2020 Timothy Johnathan Cambray Appointed 10 January 2018 Resigned Nov 2021 Edgar Craggs Appointed 20 October 2018 David Snell Appointed 19 October 2019 Richard Taylor Appointed 9 October 2021 Resigned Aug 2022 **Registered number 1176597** (Registered 10 January 2018) ## **Bankers** TSB P O Box 373 Leeds LS14 9QG ## **VALE OF BERKELEY RAILWAY CHARITABLE TRUST** ## **Trustees' Interim Report and Accounts** ## **For the financial year ending Sept 2022** ## **Trustees' Report** The Trustees present their report and accounts for the year ended 30 September 2022 ## **Principal activities** The Trust's principal activity during the year was working towards the restoration of the Berkeley branch line as a heritage railway and railway centre ## **Establishment of Trust** On 10th January 2018, the Vale of Berkeley Railway Charitable Trust became a registered charity. It was decided by the VOBR Company Ltd that all assets & liabilities would now be transferred from the company to the VOBR CT. The balance of £16,681 was transferred from the Company bank account on 31/07/18 and the account closed. Locomotive and rolling stock restoration continued at the shed. The Clearance of Oldminster sidings and the work at Berkeley Station also continued. A lease has been negotiated with Network Rail for the area known as Oldminster sidings and planning is now progressing for the development. Fundraising continues as does the efforts to submit the planning application and to negotiate the hoped for lease on the line. The Total Income for this financial year has been £45,076. Last Year it was £40,577. This figure includes a donation of £10,000 in recognition of volunteers labour restoring the Planet Loco. This is additional to the restoration agreement in place. The Gift Aid recovered in the year is £1,856, compared with £3,480 last year, but since these figures were produced, a further £3,254 has been received (which will be reported in the next financial year). The scrap metal income is substancially up at £8,705 compared with £5,581 last year reflecting the increases in metal prices. Total Expenses for this financial year are well up at £41,837 compared to £21,716 last year. The largest change is the cost of moving the pacers to Clynhydra (£12,642). The Weighbridge project is now unlikely to go ahead. We hold nearly £10,000 restricted funds for this project, made up of a £5,000 donation from Renishaw and the remainder from a bereaved family. The donors will need to be contacted to ascertain whether the funds can be diverted to another VOBR project or whether they will need to be returned. The VOBR holds a considerable amount of donated assets, the values of which still need to be reflected in the accounts. This will be rectified in the period ending September 2023. Signed by Trustees of VOBR Frank Wooldridge |Approved on|15/08/2023| |---|---| ||(Date)| ## **VALE OF BERKELEY RAILWAY CHARITABLE TRUST** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD TO 30 SEPTEMBER 2022** |**Notes **
Income from:
Donations
1
Other
2
Total income
Expenditure on:
Raising funds
3
Charitable activities
4
Project costs
5
Total resources expended
Net movement of funds
Fund balance at 30 September 2021
Prior Year adjustment of closing balance
Fund balance at 30 September 2022
Signed by Trustees of VOBR
Approved on|**Unrestricted**
**Funds**
**£**
23,980.26
20,788.79
44,769.05
28,247.01
465.00
12,641.75|**Restricted**
**Funds**
**£**
307.12
0.00
307.12
0.00
483.49
0.00|**Total 2022**
**£**
24,287.38
20,788.79
45,076.17
28,247.01
948.49
12,641.75|**Total 2021**
**£**
19,741.00
20,836.00| |---|---|---|---|---| |||||40,577.00
12,027.00
9,689.00
0.00| ||41,353.76
483.49
3,415.29
(176.37)
122,642.00
19,200.00
(162.72)
0.78
125,894.57
19,024.41
Frank Wooldridge
15/08/2023
(Date)||41,837.25
3,238.92
141,842.00
(161.94)
144,918.98|21,716.00| |||||18,861.00| |||||122,981.00| |||||141,842.00| |||||| ## **VALE OF BERKELEY RAILWAY CHARITABLE TRUST** ## **STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET AS AT 30 SEPTEMBER 2022** |Fixed assets
Tangible assets
Current assets
Debtors
Adjustment
Vat Due
Cash at bank and in hand
Creditors: amounts falling due within one year
Net current assets
Total assets less total liabilities
Income funds
Restricted funds
General unrestricted funds
Signed by Trustees of VOBR
Approved on|**Notes**
5
6
7
8
9
Frank|**Notes**
5
6
7
8
9
Frank| |---|---|---| |||144,918.98| |||| ||(Date)
15/08/2023|| ## **VALE OF BERKELEY RAILWAY CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDING 30 SEPTEMBER 2022** |1 Donations
Donations and gifts
Current year
Transferred in from Prior years
For the year ended 30 September 2022
2 Other income
Miscellaneous sales
Current year
Transferred in from Prior years
For the year ended 30 September 2022
3 Cost of raising funds
Support costs
Transferred in from Prior years
For the year ended 30 September 2022
4 Costs of generating donations and other
income
Charitable activities|**Unrestricted**
**Funds**
**£**
23,980
23,980
20,789
20,789
28,247
28,247
12,642
465
13,107|**Restricted**
**Funds**
**£**
307
307
0
0
0
0
0
483
483|**Total 2022**
**£**
0
24,287
0| |---|---|---|---| ||||24,287| ||||0
20,789
0| ||||20,789| ||||28,247
0| ||||28,247| ||||12,642
948
0| ||||13,590| ## **VALE OF BERKELEY RAILWAY CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDING 30 SEPTEMBER 2022** |5 Fixed Assets
Property
Equipment
Workshop Equipment
6 Tangible Assets
Signaling Equipment
Trolleys
Rolling Stock (Brake Van)
2 of Class 143 Pacers
Permanent Way Assets
7 Cash at bank and in hand
Charity Bank Account
TSB Savings Account
Petty Cash
Shop Float
8 Restricted Funds
Weighbridge Fund
Sleeper Fund
Transfer of Funds
Signalling Fund
Oldminster sidings
Station Fund
Protected Funds
9 Capital & Reserves
Transfer of Funds
Capital & Reserves
Other Funds
P & L Account
Adjustment required|**£**
**£**
3,219.20
4,500.00
200.00
7,919.20
1,200.00
250.00
4,000.00
500.00
14,500.00
20,450.00
5,132.20
109,346.62
216.95
40.00
114,735.77
9,933.49
1,100.00
(1,661.46)
10,062.24
(1.61)
(408.25)
7,990.92
19,024.41
1,661.46
84,463.23
36,390.63
3,238.92
140.33
125,894.57
144,918.98
**30‐Sep‐22**|**£**
**£**
3,219.20
4,500.00
200.00
7,919.20
1,200.00
250.00
4,000.00
500.00
14,500.00
20,450.00
5,132.20
109,346.62
216.95
40.00
114,735.77
9,933.49
1,100.00
(1,661.46)
10,062.24
(1.61)
(408.25)
7,990.92
19,024.41
1,661.46
84,463.23
36,390.63
3,238.92
140.33
125,894.57
144,918.98
**30‐Sep‐22**| |---|---|---| |||20,450.00| |||114,735.77| |||9,933.49
1,100.00
7,990.92| |||19,024.41| |||125,894.57| |||144,918.98| |**Charity Name**||**No (if any)**||| |---|---|---|---|---| |**Vale of Berkeley Railway Charitable Trust**||**1176597**||| |**Receipts andpayments accounts**||||**CC16a**| |01/10/2021
**For the period**
**from**
Period start date|**To**|Period end date
30/09/2022||| ## **Section A Receipts and payments** |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**23,980.26**
**20,788.79**
**-**
**-**
**-**
**-**
**-**
**-**

**44,769.05**
**-**
**-**
**-**
**44,769.05**
**28,247.01**
**465.00**
**12,641.75**
**-**
**-**
**-**
**-**
**-**
**-**
**41,353.76**
**-**
**-**
**-**
**41,353.76**
**3,415.29**
**122,479.28**
**125,894.57**|**Restricted**
**funds**
**to the nearest £**
**307.12**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**307.12**
**-**
**-**
**-**
**307.12**
**-**
**483.49**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**483.49**
**-**
**-**
**-**
**483.49**
**- 176.37**
**19,200.78**
**19,024.41**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**24,287.38**
**20,788.79**
**-**
**-**
**-**
**-**
**-**
**-**
**45,076.17**
**-**
**-**
**-**
**45,076.17**
**28,247.01**
**948.49**
**12,641.75**
**-**
**-**
**-**
**-**
**-**
**-**
**41,837.25**
**-**
**-**
**-**
**41,837.25**
**3,238.92**|**Total funds**
**to the nearest £**
**24,287.38**
**20,788.79**
**-**
**-**
**-**
**-**
**-**
**-**
**45,076.17**
**-**
**-**
**-**
**45,076.17**
**28,247.01**
**948.49**
**12,641.75**
**-**
**-**
**-**
**-**
**-**
**-**
**41,837.25**
**-**
**-**
**-**
**41,837.25**
**3,238.92**|**Last year**
**to the nearest £**| |---|---|---|---|---|---|---| |Donations & Memberships|**23,980.26**|||||**19,741.00**| |Other income|**20,788.79**|||||**20,836.00**| |Transfer in frompreviousyears|**-**|||||**-**| |Transfer in frompreviousyears misc)|**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|
**44,769.05**|||||**40,578.00**| |||||||| |**A2 Asset and investment sales,**
**(see table).**||||||| ||**-**|||||| ||**-**|||||**-**| |**_Sub total_**|**-**|||||**-**| |**_Total receipts_**
**A3 Payments**||||||| |||||||**40,578.00**| |||||||| |costs raisingfunds|**28,247.01**|||||**12,027.00**| |Charitable expenditure|**465.00**|||||**9,689.00**| |project costs|**12,641.75**|||||**-**| |Transfer in frompreviousyears|**-**|||||**-**| |Transfer in frompreviousyears(misc)|**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_ **|**41,353.76**|||||**21,716.00**| |||||||| |**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_**||||||| |||||||**21,716.00**| |||||||| ||**3,415.29**|**- 176.37**|**-**|**3,238.92**||**18,862.00**| ||||**-**|**-**||**-**| ||**122,479.28**|**19,200.78**|**-**|**141,680.06**||**122,981.00**| ||**125,894.57**|**19,024.41**|**-**|**144,918.98**||**141,843.00**| 15/08/2023 CCXX R7 accounts (SS) 7 ## **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
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
**B3 Investment assets**
**B2 Other monetary assets**
**B1 Cash funds**|Frank Wooldridge
Signature
**Details**
**Details**
Restored equipment
other assets
**Details**
**Details**
Debtors
VAT
Bank Account & Cash
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**95,711.36**
**19,024.41**
**-**
**-**
**-**
**-**
**95,711.36**
**19,024.41**
Agreement Error
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**221.04**
**-**
**1,453**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
Print Name
Frank Wooldridge|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**7,919.20**| ||||**20,450.00**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||Frank Wooldridge|12/08/2023| ||||| 15/08/2023 CCXX R8 accounts (SS) 8 ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** |**Report to the trustees/**
**members of**
**On accounts for the year**
**ended**
**Set out on pages**|Charity Name
Vale of Berkeley Railway Charitable Trust|Charity Name
Vale of Berkeley Railway Charitable Trust|Charity Name
Vale of Berkeley Railway Charitable Trust| |---|---|---|---| ||||| ||30thSeptember 2022|**Charity no**
**(if any)**|1176597| ||||| ||1-6
(remember to include the page numbers of additional sheets)||| I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **30 / 09 / 2022** . **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 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** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. 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. - _Please delete the words in the brackets if they do not apply._ |**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**
**(if any):**
**Address:**||15/08/2023| |---|---|---| |||| ||Leah Farrer, Farrer Financials Limited|| |||| ||CIMA|| |||| ||Brook House, Toadsmoor Road, Brimscombe, Stroud,
2TB|Gloucestershire, GL5| 1 **Oct 2018** **IER** ## **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . 2 **Oct 2018** **IER**