Crrt Pealjarxj Railway (111ty numlEr 1180684 crtre Peadand Railway Year KIed 31 January 2024 Phoenix Accountancy arKI Business Consultsncy Limited
CrOe Peatland Railway ality nunber 1180684 Contents to the Financial Statements For the year ended 31 January 2024 Page Trustees Annual Rewt Independent Examinerg Report Receipts ar Payments Account ststement of Assets arKI Liabilitses Notes to the Financial Statements 10
Crowle Peatland Ra1h1Y arity nUMr 1180684 Trustees Annual Report For the year ended 313anuary 2024 R*rence and Administrative Details Name of Group Ce PeathrKI Railway sleri1 of Accounts Year diThJ 31 January 2024 Committee {for the perlod of accow Chairperson Treasurer Secretary Dr. Angus Townley William Coleman Neil Waller Julte Reed John Tavender (Resigned) Peter Enefer Anthony Richardson (reSned> Dr Mithael Ward Stephen Snowden (app)inted February 24) ContaLt Addrass The Old PeatWo$ Dole Road Crowle Scunthorpe North Linwlnshire DN17 4BL Email: admin@peadand.co.uk Independent Examiner Katie Sauvage FCCA Chartered Certified Accountant, Phoenix Accountancy and Business Cortsultancy Limited Modevs Cottage Morlevs Yard Walkergate Beverley East Yorkshire HU17 9BY Bankers Virgin Money 124 High Street Scunthorpe Nth Lincolnshire DN156ES
Crowle Peatland RailvRy (hTity nwnbw 1180684 Trustees Annual Report For the year ended 31 January 2024 Strncture, Governan and 14anagement ov Crowle Peatland Rail¥vay is a CIO governed by tts Constitulion adopted on 14th November 2018. Objedives and Activities To restore and maintain the Crowle Peatland Railway. being of social, industrial and historical merit, for the benefit of the public and to establish and maintain a museum to advance education inlo its social and industrial history and heiitage. Buikling the maintenance workshop atHI making it secure. Reslore to working condition locomotives and Tolling stod( that worked on the moors Collect and display equipment used for peat winning Creation of oral hislory records of peat working Creation of display and interpretation boards depiding the industrial history of peat cuttlng and its man uses. Training of volunteers to assist in athieving obie¢tsves. Achlevements and Perforniance In developing activities the trustees have had regard to the guidan IS by the Charity Commission on public benefiL Key Athievements During the year ending 31 January 2024, we achieved severBI significant milestones: Community Engagement: A regular prDgram of open days and special events, including Heritage Open Days, was organized throhOUt the year. Preservation Success: The restoration of Ltttje Peat was rea)gnized with a national award nomination from the Heritage Railway Association. Heritage Recovery: The last peat bin from Bank Top was recovered, completing our collection of relics from the moors. Community partnhips. A 5ceSsful communty volunteering day was held in partnership with Openreath. Infrastructure Development: A gF3nt from the SSE Keadby Wind Fami Community Fund enabled the construcknon of a platform outstde the shed. Asset Expansion: The lease was renegotiated to indude the large Barn building, previously known as The Goat Shed., Volunteer Engagement: Regular volunteer work days were held on Saturdays and Wednesdaysi SUPPOrted by approximately 25 actrve volunteers.
Crowle Peatland Railway Chaiity nnb 118( Trustees Annual Repr For the year ended 31 January 2024 Financial Sustainability The Christmas and Halloween open days were particularly successful. The café, open during open wed(ents aTrJ for aft00n teas and Sunday brunch, continues to be a vital Sour of income, ensuring the railwasls long-terni sustainabilty. Financial Review The policy for hobjing reserves is that we should have sufficient funds lo fund a year's worth of essents'al outgoings (Insurance ,electricty, etc). Crowle Pealjand Railway will be sustainable in the long-temi by charging members of the public to ride the railway. membership fees. and income from café and shop sales. Statsment of d1105Ure of InfOrntiOn to Indepdent Examiner We, the Twstees who held office at the date of approval of these financial statements, eath confimi so far as we are aware, that: there is no relevant infomiation of the Indepa)dent Examiner is unaware. and we have taken all the steps that we ought to have taken in order to make ourseKfes aware of any relevant infomiation and to *blith that the independt examiner is aware of that information. ststement of Trustees responslbilities The trustees are responsible for preparing a trustees, annual report and financial statents in accordance with applicable law and United ngdorn Accounting Standards. Crowle Peatland Railway has income below £250,000 and has therefore elected to prepare the financial statements on a Receipts and PayTnents basis in line with the thartties Act 2011. The trustees are responsib5e for keeping proper accountiThJ records that disclo with reasonable accuracy at any time the financial position of the charty. They are also responsible ft)r safeguardlng the assets of the charity and hen taking reasonable steps for the prevention and detection of fraud and other irregulaiities.
owle Peauand Railway aritY numbw 118184 TNstees Annual Report For the year ended 31 January 2024 Independent Examiner The irKdependent exarnination was undertaken by Katie Sauvage, FCCA of Phoenix Ac£ountancy & Business Consultancy Ltd By ordex of e Board Angus Townley Treasurer Date: Itq
Crnle Pethnd Railway aKrlty nUrnb I18184 Independent Examlnerfs report to the Trustees of Crowle Peadand RaHway I rerrtxt on the aCcOts of the ChaAtatAe for tr perlod entst 31 January 2024 whkh are set outon page5 8 to 11. The d)arfVs tnlstees ère respr&ble for the prepar3U( of the accol. Tr drf$ tsitstees conslder that an audlt Is not rquired for thls year under sectlon 144 of Charftles Act 2011 (the Charities Act) and that an It is my reSptlIty to: examlne the accourts under sedlon 145 of the awltles . to folk)w the proc&Yurt8 laid down In the geTwd Dirthlns try the Charity Commlsslon under Secti 145 (5)(b) of the arflIeS A¢ and . to state vthether partIlar matters hwe c(Jne to my attt#t. sls rf Indep•Kkn axamlnerfs My examlnatlon was carl1 out in accordanTr vAth tr General Direttwjns glven IN the Charlty Commlssloners. An examlnatlon IldeS a revlew accounung recorts kept ty the Charlty and a compat1 of the )unts prented wlth those reths. Italso Indudes C$teron of ary unusual Itons CK dlsdosures In the accounts and seektng explanati{ from you as tN&ees cO£m13 any sJch matters. The prdureS uThdertaken do not provlde all the eviderKe th& woukl be required in an a1¢ and cons4uendy, rn otNnlon Is given as to whether the lUnts wesMt a arKI falrf vlew the W is Ilmitad to tIK6e matter5 set out In the ststement I have o)mpletl ry eyaMlnatiC. I confinm that no materfal matt&5 have come to nry atteAlon in connection the eInatiOn vthlch glves me (ause trj bef that in, any material rwtr. the accounttng records were not kept in accordan wlth sth 130 of the ChwSUes Ac¢. or the Unts dld not accord hth the accounting records; or the accounts dld not comply wlLh the aFWic&Ae requirem&ts conceming the frjmi and content of accounts set out In the tharltl&s (Accounts and RetKKts) Regulatlons 2(M)8 other than any UIrement that the accounts give a Yrue and fairf view is not a matLEr co$$dered as part of an indeFendent examination. I have no concems and have come au(ss no other matters in c(ntIOn wth the examlnatlon to whlch attenth)n thould be drawn In rqth in to enable a undu5tsndlng of the accounts to be reach. Katle Sauvage FCCA Chartered CertEfied Accountsn¢ of: Phoenlx Accountancy and Business )rUlta Limited Morfey's Cottage, McKleYs Yard, Walkergate Beverley East Yorf<sh]re HU17 9BY SOUVV 231, laow
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Crowle PeatlarKt Railway Charity number 1180684 statement of Assets afNI Liabilities As at 31 January 2024 2024 2023 Monetary Assets Current Account Petty Cash Total Monetary Assets Comprising: Restricted FutKIs Unrestricted Funds 13,339 17 8,346 247 (2,532) Non Monetsry Assets and Llabilities Fixed Assets for the Charitys use (at cxjst) Romney Hut 5220 The Thomas Buck 5221 5129 5131 5132 Portable Petrol Generatr Plasma Cutter Roller Shutter Tools & Equipment Floor & Ded(ing Garden Plante Café Equipment Catering DisaY Fridge JCB 2WD Backhoe Digger Plaorni Magnetic Drill Lathe inc transport Portable Gantry Crane 22,300 22,300 5,000 2,500 5,000 2,500 2,500 150 658 800 706 409 308 1,216 704 3,840 2,500 5,000 2,500 2,500 150 658 81KI 706 409 308 1,216 704 3,840 397 3,985 57,804 48,591 Debtors Sundry Debtors Creditors Accounts Fee 408 408 693 693 These financial slatements were approved by the committee on its behalf b and signed on Angus Townley, Treasurer The notes on pages 11 fomi part of these financial statements. io
Crole Peatland Rail¥ Chaiity number 1180684 Notes to the Accounts For the year ending 31 January 2024 Basis of Preparation These accounts have been prepared on a receipts arKJ paynnts {R&P) basis in line with guidan for a tharity of this size. The comparative year is for the year KIe 31 January 2023, Grants 2024 2023 Cn)wle & Eal3Th TC Grant SSE Grant IOA & HC Landscape Partnership Little Peat Grant NLC cMunity Grant 1,000 921 1,526 TNstee Payment During the year there have been no trust paYnnts, (2023 £0). Restricted Funds Restricted Fun(ts 01.02.23 Income Expenditure Trdnsfers 31.01.24 Crowle & Ealar TC Grant SSE Grant {I,000) {3,506) 974 (2,532) 974 Crowle & Ealand TC Grant Restricted finding was reiVed to purchase materials to build an A Frame. SSE Grant Restricted funding is being recelv&d in aar$ for the restoration of the platfomi. Thi project is only part funded and some costs are covered by unrestricted funds.