Charlty regl8tratlon number. 11818S1
NORTH DORSET RAILWAY
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Chartered Accountants

NORTH DORSET RAILWAY
CONTENTS (coKfiNUED)
Reference and Adminl•trativ? Detall8
Truslee8' Reptht
2104
Indopendent Examlnerf$ Rèport
Stslem•nt ol FInancI￿ Adivibg8
Not￿ to th• Flnandd St8temont•
8t018

NORTH DORSEf RAILWAY
REFERENCE AND ADMINISTRATIVE DEfAILS
Ch•lmMn
Gwn Colllrv4 {Chwnn8n trom 8 J￿Y 2024, prevlwsly Socr•l¥ry)
Tru•lw•
Dlwta Wert T￿s￿ler
Richar(l Glle$. Secrotary ISec¥etwy from 9 June 2024)
Alan whrffen
Graham Cookè
Ro￿￿
JM8th&n Jenkinj Ide(x8Jod 9 JUM 2024)
%IfiMwn Appdb
Phlllp Jacqves Irewgned 21 AuguBt 2024)
Cc41n Fi6her (appolnted 2 September 2024)
M•rtin Trott lappolnted 2 Seplemb•r 20241
1181851
Charlty R•gl•tratlon Numb•r
PrIncI￿1 Olnc•
Shllllng8tor*e Statlon
Ststion Road
Shilling8ton•
Blandford Forum
DT11 0&4
Ind•pnd•nt ex•mln•r
Edw8rds 8Thd K•eplr4J Llmtted
Chartartsd Accountants
Unty Chamber8
34 Hlgh Ea81 Street
Dornet
DT1 1HA

NORTH DORSET RAILWAY
TRUSTEES, REPORT
The Irusteey preserrt the annu81 report togother wlth the fln8ndo1818tements of th¢ char6ty lor the year
ended 30 September 2024.
Strncturn. govorn•nc• Ind manag•m•nt
N•turn of qov•mlng docum•nt
. North Dorset RallwBy INDRI 58 an 88Jociatlon chartta￿e incorporatsd orynl8aUon ICIOI. regi¥twgd
on 4th February 2019, a CLM8tstuUon 861ts governing docum•rrt.
. There 8re g e￿¢ted trustees fomi the monagement committee. The Tru•ttes are u8ualty recrurttd
from within the membershbp and ar8 elected by the m8mber8 at th• AGM.
. The mgnag•monl comm*tto• have OTganls¢d the NDR V41th • numb•r of 8ubeommlttee8, wth¢ng
(3roup8 and Vdunteer Manag•rn ol dep•rtmenti and functi¢)ni.
Obl•ctlvM and thctlvltl
Oty•cts •nd alms
Tho **jects #nd aim8 of thè CIO ai sot out In the NDR con•tliulan are..
To pr•88rve and fe81ore for the b&n•fft of th• publ1¢ tho wctton ol the ra1￿Y ft)rm•rly kno￿ 98 The
Somergel and Dor6et Jolnl Raifvmy running 81andford Forum in Dorset and Twnpl•comb• In
SOmw￿ Ithe 'RaiWI and r•bt•d infro•tNctur•, rdlww sl¢xk •nd 8u¢xiated buildlngB in particular
by:
' catyng out wr*rk lo protect and Improve Ihe R8lhvay.
' carrying out 4￿rk lo advance technlcjl, hlstOTical. and loc￿ educ•llon about the RalMBy by, not
14m￿•d lo, th• e8tsbllthm•nl of • rnus•um ol st•8m Jnd other k)comoUvg8, rdllng Stock,
equipment and rel•led artefact# •nd by eijnwvlng buildlngi and other hi8torie fè•iure8.
' opergllng g horltage r•ilw8y lor th¢ boneflt ol the pul￿1¢., and
' providlng acce8slble fadllli88 lor training, lechnlcal educadon. and experlence lor those •ngag•d In tho
op•ratlon of th• hfjritage T81￿MY and r8ih¥oys olsvhkn8f•.
Publ1¢ b•n•flt
The tru8tee8 confimi that thèy havè CoM￿led wth the requlrernents of section 17 of the Charrtles Act
2011 lo have du• reg•rd to tho wbllc bon•fit gl￿danC• publl$h•d by th• Ch•rlty Comml••lon lor
England and Wal￿.
Achl•v•m•nts andpwlomMnc•
Actlvltl•B, Achl•v•ffl•nt• •lld P•rlormanc• for th• f•PQrtlng p•rlod 1st Oct 2> 31)th S•p 24
. Much of th• •rte 8dj8cenl to the Station prwiou•ty u••d for warehoujlng and parklng wa8 sold durfng
the year. Wé retaintd the lompor8ry uja of a meet￿n of the warehouse and parking area, bul au of our
stock and equlpmont Includlng o brake van and the SIX wheeled S&DRT c8rf8g•$ had to b•
movod inlo this arèa and wa8 3 mammoth t88k for our volunteer8. Many of our èbtabliahed events can
no longw be hekl al t￿ italion following the loNB of parking.

NORTH DORSET RAILWAY
TRUSTEES. REPORT (CONTINUED)
Protectlng and Imprnvlng th• Rallw•y
. AS part of the Pha8¢ 1 Extenston, on tr• •M￿kment bet￿On Lamb Hou80 8ridge and Cattl6
eep completed follo￿Ing a reats5es￿ne￿t of line levels. Advi￿ from an Independent
CLynpetonl Engineer ha$ been obtsined.
. The ￿￿Ole length of ext•nwon lo Call1• Cre8P ballAsied on a g•ot•xlllo membrane r•ady lor
track18￿ng.
. Engln•thng A88e88mon18 of th8 Lamb HOUM Bridg• alonpside tho ntyoualon Dor•et CouncH
over leasjng the bridge to ￿lOW trains lo run over rt have continued.
. A new lum out Ipolntl V488 in8taN•d to c¢nn•ct the P62 •idlng the lo•dlng dock to provtdo acces•
to the njnning Ilne for P62.
Plannin9 Pennis$ion was sutmnltted for Rlverwdo Car Park and w8s granled eartl•r In Marth. A
contr8Ctor was app￿nted to cary out thtr *ttlch wa8 5tsrted In Septembèr.
• A refurbi8hm&nl of the 8MJno1 box levw frame, block th8lf and instrument pgnd w88 com￿0￿d. Mjny
ol the In8trumerts are vthlng for d•mon•trnth)n purpoo•8. kndudlng th• Tyw6 Elethc Traln
T•bl•t mgchln•$.
. A stsrt has been rn•d• on 819n￿Ing Irom t￿ fj1gn￿ box V•lth •lgn•l l•ld along pl•fformi and
to a ground ￿gnal.
. Th• Lamp Hul acqulred from S&DJR Tru•t vM• r•fU￿1$h•d •nd p•int•(l.
* Worf( has progressed on the Gemral UUIIty Vehlde wbth much of th• linlnq In place.
• The framo%%vrk tor the Brakw Van body is now in p18Ce.
. R8lurbi8hm•nt cd the Blnegér Cr•n816 compl•t•. r•ady for lOca￿On on dock.
. Afthough not ovmed by NOR, it ha8 an Interest in both thé dieBel It¢omotlve. Lmio Ev•, and th• p•trd
engln8d Wltham Trolley. 80th have baen In Ihe wrrkshop th18 year UrK1•ry￿ng wvrk to m•k• thom fit
for furthgr u••. Signffic•nt pri>gre•o has boon m4d• 7Mlh bolh.
T•chnlc•l. Hhtorfcal and •ducallon al)out th• r•llwNy
. Voluntèers ho#lod guldod Iou18 for10¢81 hl•toric w•ts"e• 8fKI groups 11 the stsfjon.
• Talks vnrg provlded ty vc4unteer8 extemalty to the ststton.
. Th• Signal Box w•8 u$•d for th• annual 'Rol￿￿ on Ihe Amat•ur Radlo evenL
. Tho Eg$tor gvwl proved popuLvr vhth many ¥l￿ta￿ ￿th model ra11￿y* and th• •taYon on Show
de8pltè the parklng re8tn"ctlone then In plarA.
Op•r*tlng a H•Yhg• Rall¥Y•y
. The Ra1￿mY hos gdopt•d the Hedt890 rn11￿* r4)ernlng iy*thii IHOPSI Is ￿￿n9 th1• to rwd
Competencfre8 8nd manage roster8 In feadlness lor running pas￿nger troln8 in th? future.
DI•￿1 Engin• driv•fs. Seoond m4n. Shunt•r8 •nd cro￿n9 g•te keepern have b•6n tr•ln•d,
assessed. and pg88ed out as comp•tenL
. A lormal proces1 tr Inapectlng englnes and ￿00n* bofore mov•mffit has be￿ Im￿orn•￿ted •r#J
•pprov•d lor Lt•e.
. Extemal support has been sourced and uti1180d to ensur• that th• competence managomont Bystem
and comWen(ae$ gw8rded 8ro in Ilne ORR expectaUon8, And •re avrdid8d by an Independent
compelenl person IICPI
Updgled Planning permi88ion from Dorset Coundl 18 requlred to move towards a fulty o￿Te￿I)n•t
r￿￿¥SY acro88 the &te, the %w)rk on pulling the 8ubml8Bion together for th18 h•¥ e4)mmenc•d.
Volunt••rlng, Trnlnlng And •xp•rt•nc•
• The NOR has no p8id staff, and all actlviti.es 8r• entirety dep*￿nt on ¥dLtrntwrs.
* The raiNvay now has over 110 #dve vdufrteers Ykno have b￿n through inducllon FYOC488, P•S8od
the ralhvays b86ic r8Ilw4y safety tesl and are ext8nding their s￿116 irtti other arèas.
• Vdunteers are activety engage¢J In the maint•n8n¢e and restoration thrjrk at the slte and skllls bekng
leamt and uts"li8ed indude Wood%4th arml metslwork on both c8rriag88, steam •ngine$ and Ihe ra1￿mY
bullding8, Palnting. g8rdonlng, Nnning th• ¢ofé •nd providing tslk6 to VI￿10[8 #nd groupi about •
roifvAy.
. Course$ and training h8ve been Provlded to volunleor8 R8ifvmy duti88, DrtverB, ShunleT8, Cro88lng
G•le Keepers along vAth Flr• Sgfoty, Firnt Aid and Radlo Operations.
• The volunteers have been out wlth our events caravan and represented the r8ilway al dlfferent events
through the year indudlng the Three Okefords Ralty at Shilling8tone and tho Hey Doy at Child Okeford.
. Volunteer8 8re organl8•d Irrto department8 vOlunt￿r d•pwbm•nt8 m8ngg•r8.

NORTH DORSET RAILWAY
TRUSTEES, REPORT {CONTINUED)
Qu8rterfy questlon and answr $oswons or& held by the TTuslee$ wth the voluntoers. these are
planned and meeting note8 8Te recorded in the HOPS system for any vd¥Jnteer lo ¥¢cess.
The opportunthes for volunteering both on and off sile are very varied and provi¢Je con81d8rnbte
communty benefiL Not least opportuniti•s to develop social cohesion through establishing new
endshlp groups. dev•loplng new interests anl a￿11118$ and the passlng on of existlng knothrfedge ar
sklll8 to otheTS.
. As a fftse visltor attracilc￿, wa are a local communlty hub pfoviding indusr¥e lelgjre acfvlbes for okl
and young allke. AS such ￿ provide public benefit lo the en￿rn age range vl8itor8 from the localty
and ra1￿MY enthuslasts from fvrthar afield.
Flnanclal re¥l•w
The NDR independenlty ex8mlned accounts vthich a￿ Induded here wlll be reported at the
approprtalè AGM followlng the end ol tho flAanth81 year 18t O¢xober 2023- 30th September 2024. The
aCc￿jnts detail the income SoUr￿S and eynditure.
. In￿me in¢r88sed ts)Mpa￿d to the previous year, boosled by a successlul apW for tha Northwn
E>Xenslon, wilh members and others gènerously donating more ihan £12,000 towards the ¢¢￿ts of
Ihere. Incomo from trading acbwty also increased, as did the income from investments.
Exp¢n¢Jiturt on repair8 and maintenan¢e induded rolling stock expenses. slle eypenses, tracklwng
preparation {also known as the Northem Exiension) and 90nw￿ repoirs and m&nthance. Wg d80
sp•nl £3,450 on rdliny slod¢ delivery. hire and storage.
. The 'Assets under Construction. noted in note 12 ￿angible Fixed A6setsl relate to the costs of the
Nrylhom Exten￿on and the Riverside Car Park during the finandal year. The cost of the ￿se premium
for the Riverside Car Park, adjusted because of previowts paymerrts. be depreu*gtJ over the 80 year
1888e. hen¢e the n*gaty"ve leyal cost sho￿ in note 8.
. TrBding 81 the cafè and 3h¢)p also inc¥e88ed whth the Side of the bu￿ne$S Sho￿an9 8 Profft ol
more than £50,000 over the year.
The 200 Club continues to thrive and has now officialty wal¢om•d its 1C¥)th member. The Club
changed from the 100 Club to the 200 Club durfng the year lo refled the number of membern. The 200
Club contributed £1,020 to NDR funds a8 *eJl as pawng ryjt £1,018 lo the monthly WMer¥.
. Events generalty through the yoar r8ised over £2.200. ￿th funds raised at the eveT-popu18r volunteer
curry meals as wdl as Christma6 and Easter events. We also offered Mother's Day and Falherfs Day
teas ￿lch wer8 fully bookod and very $ucc8s$lul. No larger events ￿re held bec8U8e of the
uncertainty regarding the space avaIla￿e after vacating IM) of the Perkins units.
Slmpllllod Fln•nclal Summary 1st october 202> 3Qth S•ptonib8r 2024
202344 2022.23
£125.791
£113,587
Total Income
£138.247
£97,797
Tolal EX￿ndI￿r0
Net Worth
{estimated value of assets al￿￿ng lor deprecbgtion. plus m*yw in the bart(I
£471,897
£433.447
Polky on rns•rv•s
The Trustee¥ have agreed 8 reserves pollry to maintsln 8Lrffldent reserves lo cover regularly rncurrlng
overheads for a pgr4od of ssx montr8. A rewve of £20.000 has been agreed and PLrt in place.
prtnclp•l fundlng sourc•s
Th• prlndpal fund5ng sources are Café and Shop Incom•, don8tlon$ 8nd memb•r8hlp
by the truslees ofthe Charity on .fr....J...ak&S-3nd 8wJnod on Its bthall by.
Gavin Collln8
Rkh8Td Gile$
Tw8tee & Secretary
Trustee & Chwf

NORTH DORSET RAILWAY
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NORTH DORSET
RAILWAY
l T8P¢Kt on Iho accounts of the d￿rty for the year endod 30 Septèml￿r 2024 ￿thIch ar• set out on
pages 6 to 18.
RMp•dlve r••ponslbllrtlM oftru•t••• and eumlfi•r
The trustees are r8spon8ible for the prepaiation of Ihe xcounts. The tru8t•es conwdw that on audlt i•
required for this year under section 14412) of tha CharStieB Act 2011 Ith8 2011 Act) and that an
Indep￿danI 8xamlnatl¢Jn h na•ded.
It is my responsi￿'11ty to..
examlm the accounts undw 8Klon 145 of th• 2011 Acl;
to loll¢)w Ihe prO￿d￿r¥S1Ojd do4￿ In g￿￿Tal Dlrec¥onJ by the Charlty c￿mIS￿on undèr
sèthon 145ISI{bl of the 2011 Act., and
to jtate %4thethw pwlleJJ•f m•ttern have c¢xne lo my attentkn.
B••l• of Ind•pMd•nt •xamln•rf• v•port
examinatton w88 carriod OLrt in a￿)rd&n￿ th• g¢n8f#l Olrgctions glven by thts Ch8dty
Commission. An examinats'on Indude8 a of the accounting r•cord8 kapt by th8 chanty and
COmpart￿n of the •ccounls presented wth those recordj. li 8180 indudes conslderalion of any unusual
Items ￿ dl8do8ureB In the aecountl, and ￿￿kIng o¥plan¥llon8 from you •s tru8t•88 con￿MINg any
such matter8. The proceduros undertaken do not provide ￿1 the evidence that would b• requirèd In an
audit and conBequentty no Wnlon Is glven as to whether th• accourrts w•Mnt a 'tw• and fair and
th• r•pDrt 1$ IlmllrA lo thoje matters 681 out In the ntxl Bttstémant.
Ind•p•nd•nt •x•mln•f• •lat•m•nt
In conn•ctlon vhlh rny oxarnlnallon. no matter h88 come to my •ttentlon'.
111 vknich gives mo r•o8on8bl8 cause to bellev• that In any materfal r••yd tho roqulrem•nts.'
lo k••p accoLtntlng records In accordance wlth 8ecUon 386 of the CoM￿nI•S Act 2006., and
. lo prepare •ccounls *thlch •G¢ud wlth tho accountlng records, comply the 8ceounUng
r•qulremonls of 8OCtlon 398 of tho Componl•8 Acl 20ce And lh• mothods •nd of th•
Stalemenl ol R•commond•d Practke.. Acwunb"ng and Roports'ng by Chants'es
havo not baon met., or
12)to which, In my qinion, attentlon •hould b• (Ira*n In ¢yd•r to 9n8t￿t 8 proper under8tandlng of the
accounlg to b• rno0kn1.
Hough FCA
Chgrtered Accountgnt
E4knrd8 Kewng Llmfted
Unty Chambers
34 Hlgh Ea* Strwt
Dorchesler
OorBOt
DTI 1HA
Oate.....

NORTH DORSET RAILWAY
STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 30
SEPTEMBER 2024
Uftr•strlcl•d R•strlcled
funds
funds
Total
2024
Total
2023
Note
In¢om8 and Endtrwm•rts fmm:
Donations and legacies
Other trading activ￿85
In¥￿tment income
38.422
83.511
2.166
12,148
50.570
83,511
2,166
43,445
81,184
1,152
Totsl income
124.099
136,247
125.791
Expendlture on:
Raising tsJnd$
Charitat4e acti¥￿e5
{29,116}
68.881
129,118)
68.681
127,725)
85,862
Totsl expendrture
97.797
97.79
113587
Net income
Gro$8 translerts bat4%*n
fundts
28.302
12.148
38.450
12,204
12.148
12.148
Net m¢)vem*rt In lund8
38,450
38,450
12,204
R•conclll•tlon of fund•
Tot81 fund8 brought forward
Total lunds ￿￿led foThv8rd 18
433.447
433,447
421,243
471.897
471.897
433.447
All of tho athvllles derlve from contlnuing operations during the abova trAti wrfod8.
The fLnds breakd¢M for 202318 Sho￿ in note 18.

NORTH DORSEf RAILWAY
(REGISTRATION NUMBER: 1181851)
BALANCE SHEEf AS AT 30 SEPTEMBER 2024
2024
2023
Not•
Flx•d a•••ts
Tanglble 88sets
H•ritage assets
12
13
281.123
20.062
228,259
18,614
244,873
Curnnt ••••ts
Stocks
Doblors
Cash at bank and In ￿nd
14
15
16
14.018
8.759
149,954
172.729
13,891
8.910
187023
189,824
Cr•dltorn: Amounts hlllno du• wlthln on• y••r
N•t currnnl •M•ts
17
170712
188574
N•1 •M•ts
471,897
433 447
Fund• of th• ¢h•rtty:
Unrn•trlcl•d In¢om• lund•
Unrethrted fvnd•
471 897
Totsl lund•
18
471,897
433,447
Thè fln8nd•lyatem•nt8 on page• 8 to 18 apwov•d by the tru•lw•. WKI 8ulhorts•d for bsu• on
.ts.:.l.:.PoJ¥nd wgnod on thdr bohalf by..
Gavln Collln•
Choimion

NORTH DORSET RAILWAY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEpfEM8ER 2024
1 Accountlng pollcl••
Statement of compllance
The financial stslemenls have been prepared In acc¢Kdance wlth the 9econd edluon of the Charfles
Sl8ternent of Recommended Prath'ce issued in October 2019, the Financial Reporting Stsndard
appllcable In the United Klngdom and Republic of lrnlgnd IFRS 1021 and the Charibes Act 2011.
8a91¥ of pr•p•ratlon
North Dorsel Raifvlay meets the definibon ol a public benefit ents.ty under FRS 102. The accounts
{finandal stalementsl have been prepared under the historical cost convention items recognised at
C08t or transactson value unles8 Otherwse stated In the relevant nolo(sl to thsYS¢ accounts.
Golng concern
The trustees consider Ihat there are no material uncertainties aboLrt the thantys abilty to continue as
going ¢on¢em.
Incom• and #ndowm•nts
Voluntary income Includlng donatOon$. gffts, l898aes and grants that provide core funth.ng or are of
general ngture is r•cognised vth8n tho chanty has entffjement to lh8 income, it 1$ probab￿ thot thg
income ￿11 be recelved and the amount can be measured sufflcient reliabiltty.
Don•tlons andlegrtles
Donations and lsg8oe$ 8re recogni￿ on a r￿1¥4b18 ba￿$ recdpt 18 prob￿• and the amount
Lxll be reliakAy measured.
Grnnts re¢elv•bl•
Gronl8 are reccgnlsed *fften the charty h88 an entrtlement to the fvnds and any cOndI￿onS linked to the
grants have been met. Where perfomiance conditions arg attathgd to the grant and are yet lo be mel,
the income is recogni8•d ai a liabilty and induded on the b818n&ry sheet a5 deferred income to be
released.
Gifts In Irind
Gffts in kind are recognised in differenl vAya dependent on how they are used by the charit￿.
111 Th088 donated for resale producè In￿rn• vthen they are 8c4d. They are valued ot the amount
actually realised.
lill Th0￿ donated for onward transmission lo beneficiaries are induded in the Ststemerrt of Finanaol
Advlts'es a8 incoming reyources and resources expondsd vthen they 8re dithbuted. They are valued 81
the amount Ihe charity wDuld have had to pay lo acquirn them.
liiil Those d¢Mated for use by the ch8nty ltseff are induded vknen receivable. They are valued at the
amount the Charity wY)uld have had lo pay lo them.
othortrndlng actfvllles
Trading acmes com8 trom shop and cafe sales, In addltion lo oe¢asion81 income for carriage hire.
Expondltur•
All expenditu￿ is recognised once there 18 a legal or ¢onstrucbve obligation to thtt e￿)end￿re, it 18
probable 8dUement is required and the amount un be mea8ur•d mllably. All co818 are allocated to the
applicable expendlture heading that aggregate Similar costs lo th8t category. Where costs cannot be
dlre¢dy attributed lo parts"¢ular headings they have been alloc8ted on a bosis consislenl wth the use of
re80urc8$. ￿ntral staff costs allocated on the ba¥1¥ of time Spent, and depred￿0￿ tharges
all¢cattrd on the Fortion of the assevs Other support C06ts are 8llocaled based on the Spread of
staff costs.

NORTH DORSET RAILWAY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED)
Ralslng lunds
These ore costs incurred In attr8Cting voluntsry IncxTh. the man&3ement ol Imie8tments and th06e
Incuffed in trading activities that raiso funds.
Chartt•bl• acdvltles
ChaTitstAe expendOtt&re comprl•es those c08ts incuffod ty the chanty in the delivery of its athvrtles and
services for its beneficiaries. It indudes both costs that can be amocated diredy to wch a¢tivthes and
those costs of an indireGI nature necessary to support them.
Governance COBI8
The8e indude the costs *trlbulgblg to th8 ¢h8rW8 comptiance c¢n8ttiutiMal and ststulory
requirement8. induding audit. strategic management and trustees meetings and reimbursed expenses.
Taxatlon
The charity Is considwed to pass the tests Bet oul in Pwagraph 1 Sc*eduSe 6 of Ihe Finance Act 2010
and therefore rt meets the deflnrtion of a chaiitable company for UK corporation tax PUTpo3es.
Accordir¢gty, the chanty is potents.alty exempt from toxatson in respert of income or c8psial gains rocwve(I
thln categories cowered by Chapter 3 Part 11 of the Corporation T8x Act 2010 or Sects'on 256 of the
Taxotion of Chargeable Gains Aci 1992, 10 th• extent that Suth income or wns are ￿led exdusively
to charitable purpos•s.
T•nglble Ilxed •￿ets
Indiwdual fixed assets co8tsng £11H).00 or more are inltiglly re￿[ded at C08t, la88 any sub60quent
accumulated dèpret48tlon and Sl￿seqU￿ accthnulal&J ImpaIrm￿l los￿.
In accordance %Mth the SORP herltage 0$8ets l*thith compris88 Rolling Stoc* and Museum contents)
ore valued vkntre It Is cost effective lo do so. Assets that are acquired by the ch8rity by way of
purthase. donation or legacy are induded in the b818nce Sheet as a￿ any assets for wthich a reliable
valuation Is readlty av8ilable.
Othw than one item of Rolling Slock Ivthich has been fulty depreuated), herrtage aBsets are Con￿dared
to have indefinite lives and are therefore noi depreaated.
Oepr•clatlon and amorthatlon
Freehold land is not deprnryabj
Assot class
Other tsngit4e assets
Leasehold c08t8 and improvements
As58ts und•r constructi
Depreclatlon method and rate
Between 3 and 20 years straight Ilne
Over the perits￿ of the lease
Not depreciate(1 until the 883gt Is
comp￿8 and in use
Stock
Stock Is valued 8t the Irrwar of cost and ￿timated selling prfce1•sg COSt8 to COM￿￿te and sell. after due
regard for obsol810 ond slow moving stocks. Cost is determlned using the fiT5t-In, (Irst-out {FIFOI.

NORTH DORSET RAILWAY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED)
Tr•d• d•btov•
Trade debtors are amounts duo from ¢uJtrynws for m•rchandtse 8¢ld or servK•8 p•rforni•d in tho
ordlnory course of bu8lnes8.
Tr8de debtors are recognlsed In6tl81ty èt the trans8ctOon ￿lee. They are SUbsequen￿Y Mea￿￿d at
amort18ed ¢081 uslng the effecrive InlereBI method. less provislon for lrnpaimient. A provision lor th•
impalrment of trad• deblors 18 •Stobli$h•d then there Is oblectfve evidenc8 that the charlty not b•
able lo coll•ct all 8mounts due accordlng lo the original tenn8 01 tho rocel¥abl8B.
Cuh •nd ¢••h •qulvalènts
C85h and cash fjquivalentj comwis• rA8h on hand and c411 doposllB, and olh•r Jhort-twm hlghly I￿Ul0
inve8lmenl8 that are re8dlly Cl￿ver￿ble lo • knowi ￿M￿nt of calh 8nd are jU￿.eL* lo an insHJnificanl
ri•k of changa In v•lLbO.
Trnd• cr•dttorn
Tr•de craditors ar• obllgaliMs to pay for good8 and sery1￿$ Ihgt have beon acquired In the ordlnary
cournfj of bu6inesi from 8upF41erB. AC￿￿n{S payoble are dasslfled as cuffent 1labillt188 rf Iho tharfty
￿￿$ not have an Uncondition￿ right. •t th• end ol the reportlng poriod, to d•f*r th¥ ￿lI*M¥nI of the
crnditor for al 198St I￿1ve months aft•f the roportlng dale. If Iher• l• an uncondltlonal right lo ¢J•f•r
settlemonl for al le8Bt months oftor tho r•porfjng dal8, they 8r• pre80nl•d ag non-cuffont
li•ts'litle8.
Pund •tructuv•
Unre$lrict•d Income lund8 are g•nero1 fund• that a￿ll•bI? for al th• trth•' In
fiJrth•r•nce of the oble¢tiveB of tho tharity.
10-

NORTH DORSET RAILWAY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED)
2 Incom• from donatlom and lry•¢1o•
Unre•trfctsd
lund•
Q•n•r•l
R•Btrlct•d
fund•
Tolal
2024
Total
2023
Dwatims ond legado8'.
Donations from indlvlduds
L¢g8cie$
Glft ald recl•lmod
Gront$, Inctudlng ¢gplt81 gront&'.
Grants from other charitlgs
R•gul•r glvlng and capital
donations
Value of donated 888ets
21,475
12,148
33,623
9.799
23.489
2.497
4.628
4,828
250
8,623
8.823
7.410
3 Incom• fmn oth•r lrndlng *thltl
Unr••trfctsd
fvnd•
G•n•rnl
Total
2024
Totsl
2023
Tradlng Income..
Sale8 ol goods and •arvlc
Ev•n18 Inc*)mè".
Other ev•nt• income
C&rf8ge hlr
Lott•d￿ and comfftn• Incom•
78.385
78.385
74.395
2.S82
233
2.582
233
4.183
518
83,448
83.446
81.124
4 Inv••tm•nt Incom•
UnrMtrf¢tsd
fund•
G•n•r•l
Total
2024
Tot*1
2023
Intorg81 rec8lvabl• 8nd slmilar incom•:
Int•r8* rO￿1vable on bank dopo8tt8
2.166
2.188
1.152

NORTH DORSET RAILWAY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED)
6 Expendlturn on Ml•lng fund•
al Costs of g•nerallng donatlofig and l•g•cl•#
Unrestrlcted
funds
G•n•ral
Total
2024
Totsl
2023
100 Club prizes
Grant support costs
1,018
785
1.018
765
976
1.783
1,783
976
bl Cosi¥ of tradlng actlvttle•
UnrMtrlcl•d
fund¥
G•n•ral
Totsl
2024
Total
2023
Costs of goods sdd
Event costs
26,951
382
26.951
382
26,102
647
27,333
27.333
26,749
Unr••trlcl
funds
G•n•r•l
Total
2024
Totsl
2023
Total
29,118
29,116
27,725
12-

NORTH DORSET RAILWAY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUEDJ
6 ExpondltuY• on ch•rltsblo •ctlvftlo¥
Unr•tytrl¢t•d
fund•
Genernl
Total
2024
Totsl
2023
R•stor•tlon •nd upk••p of rnIh￿y
InfrnstMctur•. rolllng *to¢k Ind *tatlon
Rates
ght, heat and ?0￿r
[r￿Tance
Waste disposal
Repairs and maintenance
Equipment repairs and ren¥w81s
Rolling stock delivery. hire 8nd storag
Telephone and fax
Computer So￿Te and mgintenante costs
Printing. postagè and stationery
Trade subscriptions
Sundry expense8
Vehide expen8e8
Parknng tharge$
Travel and sub*stence
Advertising
Consullancy
Bank charges
Training
Depreci8tion of long le8sehold property
Depreciation of plant and rnachlnery
Loss on disposal of tangible fixed assets
Independent ¥xamin*s fee
Legal and profession￿ fees
3.989
11.321
7.847
583
18.300
3.969
11,321
7.847
583
16,300
4.280
9,309
5,6r
31,716
9TT
4,200
287
607
2,8C6
295
351
1,959
3,450
363
818
3.186
3.450
363
818
3.186
329
3,625
1.125
21
80
1,483
1,130
2,562
32
8,855
329
3.625
1,125
21
80
1.483
1.130
2,582
32
8,655
65
2.717
2.355
928
41
8.854
750
1.238
8,177
85.862
1.300
46
1,300
68 681

NORTH DORSET RAILWAY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED)
7 An41￿18 of gov•m•nc• and •upport ca•ts
Go¥•m•nc• colts
Unr••trlct•d
fund•
G•n•r•l
Total
2024
Tot•1
2023
Indopondenl •x8mlner le88
Examlnalion ol the finindal
#lalements
10
1,300
1.300
1.238
833
833
N•t Incomlngl•u¢golng r••ourc
In¢4mlng r•w￿r￿1 for the yaar Indud•:
2024
2023
LO￿ on dl8poul d tlnglblg trIX￿ a89•ts
DKy•d￿oD of flx•d a888ts
750
9 Tfu•t•M r•mun•rntlon *nd •xp•na•A
No tru•toeJ. nor any per80ns conne￿•d wlth them. h•ve rec•lv•d Jny r•mun•radon from the chadty
durtng the yur.
Trusteeg w•re rnlmburg•d only for fft•m• on boh4W of th• charity.
10 Ind•p•nd•nt •x•mln•rf• rnmun•r•tlon
2024
2023
Examlnallon of tho fin￿¢6•1$1&10m￿I$
11 Taxitlon
The L*4rity i¥ a rogl•terad tharlty and li thrfor• exempl Irom taxauon.
14-

NORTH DORSEf RAILWAY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED)
11 Tanglbh flx•(l u••l•
TrackwovK
plant and
•qulpm•nt
Land and
bulldlng•
A•••ts und•r
c¢)nstrn¢tlon
Tot•1
At 1 Octob8r 2023
Addttion8
115,000
5,145
139,139
4.259
254,139
83,551
54.147
At 30 September 2024
120.145
143,398
54,147
317,690
D•prncl•llon
At 1 Octobor 2023
Charge forthe year
27.880
8.655
27,880
8.887
32
At 30 S•ptamtw 2024
32
38.538
36.587
N•1 book ¥ilu•
At 30 Sopt•mbor 2024
At 30 Sepl¥mter 2023
120 113
281 123
115.000
111.259
Induded bthln the net book value of land and bulldings obovo 16 £115.00012023- £115,000} In respect
of fr••hokl land and bulldlngj and £5.11312023- £NIII In of I￿￿hOld0.
13 H•rlthg• u••ts
Mu••um
Cont•nts
Rolllng 81ock
Total
Co•t
AI 1 OGlober 2023
Add￿OnI
17,197
1,786
18,983
At 30 September 2024
D•prncl•tlon
At 1 October 2023
369
369
At 30 September 2024
369
389
N•t br￿k valu•
At 30 September 2024
Summ•ry of tr•n••ctlon•
H•rtt•ge ••••ts not r•cognls•d In th• b•l*n¢• ¥h••t
In additt'on lo Ihe herftage a55els induded in the B8lanc¢ Sheet, the charity owns four Items of rc41ing
#tock thef• a valu• w8$ not dete￿ined at acqui8rtlon. The TnJ8lee6 08tim8le tho value ol th88e itemB
88 £18.000 and theje ttoms c¢ntlnue to bg exdudfjd frryn tho Balance Sheet.

NORTH DORSET RAILWAY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED)
14 Stock
2024
2023
16 ￿htorn
2024
2023
VAT recoverable
Other debtors
4,146
4,613
8.759
473
8.910
18 Ca¥h •nd cash •qulval8nts
2024
2023
Ca8h on ￿nd
Cash at bAnk
340
149.614
340
166,683
149.954
167.023
17 Crndltoy•: amounts f•lllng duo wlthln on• y••r
2024
2023
Trade creditors
717
1,300
1,2SO
1,250

NORTH DORSEf RAILWAY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED)
18 Funds
B•I•D￿ at
30
S•ptsmber
2024
Balance at
1 Octob•r
2023
Incomlng
R•sourc
r•souTCM •xp•nded Tr•ngfern
G•ner•l
Unre8trtcted Fund8
413,174
124,099
197,7971
12.148
451,824
D•slgn•t•d
RweNe Fund
20,273
433,447
124,099
197.79n
12.148
471,897
Restrfcted
Northem Extension
12.148
12.148
Total lund•
433,447
136,247
97.797
471,897
8•14nce at
30
S•ptsmb•r
2023
Balanco at
1 October
2022
IncoTnlng
A•8ourc•s
rn8ourcH *X￿nd•d TranBfer4
Vnrwtrlctod funds
Genernl
UnTastriLlgd Fund8
421,243
125,518
1113.58n
(20.000)
413.174
D¢slgnat•d
Re8erye Fund
273
20.000
20,273
Tol#l lund•
421.243
125.791
113.58
The transfer bet%*en restn.cted funds and unresthded funds in 2023124 relates to the •>widTiure (ln
xed assets) on Ihe Northem Exten8iM In the year wttkh exceeded the restri￿•d donations rewved.
17.

NORTH DORSET RAILWAY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUEO)
19 An•ly41• of n•t aM•ts b•t*Y•n fund•
UnM•trl¢tsd Totsl fund• It
fund•
30 Septemb•r
Genernl
2024
Tangible fixèd 88sat6
Heritage aS￿S
Gurront A88ets
Cuffent Ilabl1￿88
281,123
20,062
172,729
281,123
20,
172,729
Totol net as••t•
471,897
471 897
Unr••trt¢t•d
fund•
G•n•r•l
Totsl fvnd• •t
30 S•ptsmb•r
2023
T•nglbl• Ilxed •¥J•ts
Hedlage a5￿ts
Current 888ets
Cuffent Ilabil￿
228.259
18,814
189,824
1.250
228,259
18,814
189,824
1.250
Total a•8èt•
433.447
433 447
20 R•l•t•d p•rty tr•nMctlon•
Th•r• w•ro no r•lat•d pArty In th• ￿•1.