REGISTERED CHARITY NUMBER: 1179899
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 FOR GRIMSBY AND CLEETHORPES MODEL ENGINEERING SOCIETY
GRIMSBY AND CLEETHORPES MODEL ENGINEERING SOCIETY
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Receipts and Payments Account | 5 |
| Statement of Assets and Liabilities | 6 |
| Notes to the Financial Statements | 7 |
GRIMSBY AND CLEETHORPES MODEL ENGINEERING SOCIETY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees present their report with the financial statements of the charity for the year ended 31 December 2021.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1179899
Registered office
11A Little Lane, LOUTH LN11 9DT
Trustees
Mr D K Smith Mr A Thomas Mr G Hoad Mr T Scott Mr T Burton Mr C James Mr R Rimmington Mr P Gilby Mr G Morgan Mr A Loadman Resigned 2[nd] February 2021 Mr G Marsden Appointed 6[th] April 2021 Mr G Dumbleton
Independent examiner
Mrs H Spauls F.C.A Smethurst & Co LLP 12 Abbey Road GRIMSBY DN32 0HL
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
Grimsby and Cleethorpes Model Engineering Society is a Charitable Incorporated Organisation (CIO) that was registered with the Charity Commission on 12 September 2018.
Recruitment and appointment of new trustees
The Trustees are selected by simple vote.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects of the CIO are the advancement of public education in engineering through the construction and operation of models of engineering, the provision of talks, public exhibitions, demonstrations and by providing facilities for construction, development and running engineering models.
Public benefit
The Trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit and complied with section 17(5) of the 2011 Charities Act when reviewing the aims and objectives prior to planning and developing activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set.
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GRIMSBY AND CLEETHORPES MODEL ENGINEERING SOCIETY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2021
ACHIEVEMENT AND PERFORMANCE
Charitable activities
With the partial lifting of Covid-19 restrictions the Grimsby and Cleethorpes Model Engineering Society have been better placed to carryout out its charitable objectives and commitments. Although some restrictions hindered activity for the early part of 2021 our members were able to carry out work to make our interaction with the public more Covid-safe.
One of the societies primary functions is to engage the interest of local children in all aspects of engineering while, at the same time providing enjoyment and entertainment for them and their families.
To this end the society continues its site improvement activities to ensure that the miniature railway infrastructure continues to provide a safe environment for children.
The society has begun to formulate plans for public open days during the summer months. The events, which are free to the public, will involve displays of both static and live running machinery designed to stimulate interest in the young. The final format will largely depend on any Covid restrictions that may apply at that time.
School visits to our railway have not taken place during the past year but will recommence when the various school managements consider it safe to do so.
Members, who have generously donated their time and skills, are currently constructing a station canopy to shelter the public from the vagaries of the British summer weather. Other site improvements have also been other keeping members fully occupied.
Other site improvements include new railway signalling, enhancements to the garden viewing areas and extensive planting of indigenous trees in its small wildlife area.
Society socially spaced meetings resumed in the latter part of 2021 and has proved to provide a better and more open forum than that experienced on the Zoom platform.
We have also been able to begin a new season of engineering-based lectures for members and their guests.
An improved website now provides members with access to society documentation, rules and regulations etc. thus ensuring that we are able to provide the latest updates as soon as they are approved.
Although reduced interaction with the public has made it more difficult, we have recruited a number of new members of all ages during the past year. The membership remains committed to both involving the local community in its activities and to the broader intent to further engineering interest and future skills of the young.
Funding for improvements and other activities are comfortably managed from the societies’ financial resources.
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GRIMSBY AND CLEETHORPES MODEL ENGINEERING SOCIETY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2021
STATEMENT OF TRUSTEES RESPONSIBILITIES
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on ……5, April, 2022……. and signed on its behalf by:
............................................. A Thomas - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GRIMSBY AND CLEETHORPES MODEL ENGINEERING SOCIETY
I report on the accounts of the charity for the year ended 31 December 2021, which are set out on pages five to seven.
Responsibilities and basis of report
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the CIO’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do 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.
Mrs H Spauls F.C.A Smethurst & Co LLP 12 Abbey Road GRIMSBY DN32 0HL
Date: …11 April 2022
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GRIMSBY AND CLEETHORPES MODEL ENGINEERING SOCIETY
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2021
| Note RECEIPTS: VOLUNTARY RECEIPTS Subscriptions Donations Workshop Donations Gift Aid Key deposit ACTIVITIES FOR GENERATING FUNDS Raffle Sale of “Teds” Workshop NAME Loan Gala CHARITABLE ACTIVITIES Sales Rides INVESTMENT INCOME Bank interest TOTAL RECEIPTS PAYMENTS: Fundraising costs 1 Other Costs of Charitable Activities 1 Governance Costs TOTAL PAYMENTS NET PAYMENTS |
Restricted Funds Unrestricted Funds Total 2021 £ £ £ - 2,416 2,416 - 17,434 17,434 1,000 1,000 1,705 1,705 - 40 40 - 22,595 22,595 - -0 0- 390 390 7400 7400 - 0 0 - 7,790 7,790 - 215 215 7,908 7,908 - 8,123 8,123 - 0 0 - 0 0 - 38,508 38,508 - 0 0 - 19,387 19,387 - - - - 19,387 19,387 - 19,121 19,121 |
Total 2020 £ 3,223 12,793 5,000 924 0 |
|---|---|---|
| 21,940 | ||
| 0 0 0 0 |
||
| 0 | ||
| 106 259 |
||
| 365 | ||
| 0 | ||
| 0 | ||
| 22,305 | ||
| 40 10,993 - |
||
| 11,033 | ||
| 11,272 |
The notes form part of these financial statements
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GRIMSBY AND CLEETHORPES MODEL ENGINEERING SOCIETY
| FIXED ASSETS Property Equipment Assets Current Account Cash in hand Deposit Account TOTAL ASSETS LIABILTIES Fees for Independent Examination and other accountancy costs NAME Loan |
STATEMENT OF ASSETS AND LIABILITES AT 31 DECEMBER 2021 Restricted Unrestricted Total 2021 2021 2021 Note £ £ £ - 69,045 69,045 - 21,041 21,041 - 90,086 90,086 - 34,831 34,831 - 51 51 - 10 10 - 34,892 34,892 - 124,978 124,978 - 7,400 7,400 - 7,400 7,400 |
STATEMENT OF ASSETS AND LIABILITES AT 31 DECEMBER 2021 Restricted Unrestricted Total 2021 2021 2021 Note £ £ £ - 69,045 69,045 - 21,041 21,041 - 90,086 90,086 - 34,831 34,831 - 51 51 - 10 10 - 34,892 34,892 - 124,978 124,978 - 7,400 7,400 - 7,400 7,400 |
Total 2020 £ 72,277 21,041 |
|---|---|---|---|
| Note | |||
| 93,318 | |||
| 15,794 51 10 |
|||
| 15,855 | |||
| 109,173 | |||
| - - |
..............................................................
A Thomas - Trustee
5, April, 2022
For and on behalf of the board of Trustees
The notes form part of these financial statements
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GRIMSBY AND CLEETHORPES MODEL ENGINEERING SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
1. ANALYSIS OF COSTS
| FUNDRAISING COSTS Gala COSTS OF CHARITABLE ACTIVIES Train rides and site maintenance Club house and other buildings Track extension Signals & Points Extension Garden gauge Carriage Shed Coach Brakes Equipment 08 Loco Rebuild Lower Carriage Shed Doors Workshop Extn Workshop Container Room Devider Other Fixed asset purchases Other Fixed Asset Purchases |
Restricted Funds Unrestricted Funds Total Funds 2021 Total Funds 2020 £ £ £ £ - 0 0 40 |
|---|---|
| - 0 0 40 |
|
| - 8,038 8,038 4,747 - 0 0 1,866 - 436 436 3,668 1,758 1,758 0 - 583 504 504 0 53 53 0 95 95 0 50 48 838 838 0 4,076 4,076 0 244 244 0 - 30 - 1,940 1,940 0 1,405 1,405 0 - 19,387 19,387 10,992 |
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