## 

## 

|Trustees||Mr G Lee|
|---|---|---|
|||Mr N J Noon|
|||Mr H R Noon|
|||MrA M Ashworth|
|||Mr PA I ewin|
|||Mr P Ingham|
|||MrD JLee--|
|||Mr G<br>I Lee|
|Secrelary||Mr H Noon|
|Charity number||1176862|
|Company|number|10919496|
|Registered|office|The Grain Store|
|||Statfold Bam Farm|
|||Ashby Road|
|||Tamworth|
|||Staffordshire|
|||e79 oeu|
|Auditor||Azets Audit Services|
|||Ruthlyn<br>House|
|||90 Lincoln Road|
|||Peterborough|
|||United Kingdom|
|||PE12SP|





## 

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|||Page|
|---|---|---|
|Trustees'<br>report||1-3|
|Statement oftrustees'|responsibilities||
|Independent<br>auditor's|report|5-7|
|Statement of financial|activities||
|Balance sheet|||
|Statement ofcash flows||10|
|Notes to the financial|statements|11-22|





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||||iinrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2020|2019|
|||Notes|5|8|
|in<br>m<br>an|n||||
|Donations<br>and|legacies|3|1,419,701|1,484,675|
|Charitable<br>activities||4|16,396|22,930|
|Other trading activities||5|161,291|344,188|
|Other income||6|12,000|15,000|
|Total income|||1,609,388|1,876,793|
|g~yndi~ue|||||
|Raising funds||7|439,392|558,299|
|Charitable<br>activities||8|409,531|307,033|
|Total rssomces expended|||848,923|865,332|
|Net income forths yesrl|||||
|Net movement|in funds||760,465|1,011,461|
|Fund balances|at 1 January 2020||2,820,532|1,809,071|
|Fund balances at 31 December 2020|||3,580,9S7|2,820,532|





## 

## 

||||||2020||2019||
|---|---|---|---|---|---|---|---|---|
|||||Notes|6||E||
|Fixed assets|||||||||
|Tangible assets||||12||3,889,604||3,112,257|
|Currentassels|||||||||
|Stocks||||14|300||977||
|Debtors||||15|46,583||111,058||
|Cash at bank and||in|hand||29,916||110,614||
||||||76,799||222,649||
|Creditors:|amounts||falling due within||||||
|one year||||17|(341,239)||(514,374)||
|Net current|liabilities|||||(264,440)||(291,725)|
|Totai assets less||current liabilities||||3,625,164||2,820,532|
|Creditors:|amounts||falling due after||||||
|moro than|one year|||1&||(44,167)|||
|Net assets||||||3,580,997||2,820,532|
|Income funds|||||||||
|Unrestricted|funds|||||3,580,997||2,820,532|
|||||||3,580,997||2,820,532|



## 



## 

## 

||||||2020||2019|
|---|---|---|---|---|---|---|---|
|||||{votes|6||5|
|Cash flows from operating||activities||||||
|Cash generated<br>from operations||||21||731,303|1,417,216|
|Investing|activigss|||||||
|Purchase|oftangible fixed assets||||(862,001)||(1,313,939)|
|Mst cash|used in investing|activities||||(862,001)|(1,313,939)|
|Financing|activities|||||||
|Proceeds|ofnew bank loans||||50,000|||
|{tetcash|generated<br>fram/(used||in)|||||
|financing|activities|||||50,000||
|Net {decrease)/increase<br>in||cash|and cash|||||
|equivalents||||||(80,698)|103,277|
|Cash and|cash equivalents|si beginning||ofyear||110,814|7,337|
|Cash and|cash equivalents|at end of||year||29,9'l6|110,614|





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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2020f|2019<br>E|
|Donations|and gifts||1,349,096|1,494,675|
|Coronavirus|Job Retention Scheme grants||59,271||
|Other government||grants|11,334||
||||1,419,701|1,494,675|
|Donations|and gifts||||
|Donations|||1,085,627|793,022|
|Gitt aid receivable|||263,469|270,653|
|Gifted heritage assets||||431,000|
||||1,349,096|1,494,675|



## 

||||2020|2019|
|---|---|---|---|---|
||||E|E|
|Steam museum|guide|books|2,854|4,070|
|Train driver experience||receipts|1,542|6,860|
|Railway track rentals|||12,000|12,000|
||||16,396|22,930|





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## 

## 

|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2020|2019|
|||E|E|
|Fundraising|events|145,293|284,268|
|Merchandise|sales|3,208|16,867|
|Hire ofevents centre||12,790|43,053|
|Other trading|activities|161,291|344,188|



## 

|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|2020|2019|
|E|E|
|12,000|15,000|



## 

|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2020|2019|
|||||E|E|
|Fundraisin|and|u|ic'|||
|Staging fundrsising|||events|103,286|228,802|
|Advertising||||6,327|78,054|
|Supportcosts||||238,530|183,774|
|Fundraising|and publicity|||348,143|490,630|
|T~Ch||||||
|Other trading|activities|||2,641|28,482|
|Depreciation|and|impairment||80,385|36,039|
|Supportcosts||||8,223|3,148|
|Trading costs||||91,249|67,669|
|||||439,392|558,299|





## 

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## 

|Charitable<br>activities||||
|---|---|---|---|
|||2020|2019|
|||6|f|
|Staff costs||290,247|219,425|
|Artefacts arrd repairs|br collection|81,380|86,249|
|Guide books||677|2,242|
|||372,304|287,916|
|Share of support costs (see note 9)||12,554|9,672|
|Share ofgovernance|costs (see note 9)|24,673|9,445|
|||409,531|307,033|





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## 

## 

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## 

|||2020|2019|
|---|---|---|---|
|||Number|Number|
|||18|24|
|Employment|costs|2020|2019|
||||6|
|Wages and salaries||364,222|287,279|
|Social security costs||30,952|24,772|
|Other pension costs||8,627|6,289|
|||403,801|318,340|





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## 

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## 

## 

|14|Stocks|||||
|---|---|---|---|---|---|
|||||2020|2019|
|||||8|5|
||Museum|guide books||300|977|
|15|Debtors|||||
|||||2020|2019|
||Amounts|falling due within one year:||8|8|
||Trade debtors|||4,424|5,758|
||Other debtors|||32,540|38,261|
||Prepayments||and accrued income|9,619|67,039|
|||||46,583|111,058|



## 

|||2020|2019|
|---|---|---|---|
|||8||
|Bank loans||50,000||
|Payable|within one year|5,833||
|Payable|aRsr one year|44,167||





## 

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## 

||||2020|2019|
|---|---|---|---|---|
|||Notes||E|
|Bank loans|||5,833||
|Other taxatlon and social security|||9,299|8,370|
|Trade creditors|||308,651|487,136|
|Other creditors|||2,394|1,368|
|Accruals and deferred|income||15,062|17,500|
||||341,239|514,374|



## 


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## 

## 

|21|Cash generated<br>from|operations||2020|2018|
|---|---|---|---|---|---|
||Surplus for the year|||760465|1 011461|
||Adjustments<br>for:|||||
||Depreciation<br>and impairment<br>oftangible||fixed assets|84,654|39,275|
||Movements<br>in working|capital:||||
||Decrease<br>in stocks|||677|673|
||Decrease/(increase)<br>in|debtors||64,475|(105,856)|
||(Decrease)/increase<br>in|creditors||(178,968)|471,663|
||Cash generated<br>from|operations||731,303|1,417,216|