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2021-12-31-accounts

pages
Tmstecs' annual
rcport
(tncotporating the director's report) I tog
Independent
examiner's
rcport to the trustees
Statcmcnt offinancial activities (including income and expenditure account) 10
Statcmcnt offinancial position
Notestothefinanctal tatements 12to 20

Rcfcrcncc nnd adniinistrativc Rcfcrcncc nnd adniinistrativc Rcfcrcncc nnd adniinistrativc Rcfcrcncc nnd adniinistrativc details
Rcgirtcrcd charity nnnie Middleton
Railway Tnisi Liniited
Charity registration nmnber 230387
Company registration nmnbcr (165589
Principnl office and rcgistercd The Station
office Moor Road
Leeds
LS102JQ
Thc trustees
Dr AJCowling (Resigned 9 September 2021)
Mrs JA Cowling (Resigned 9 September 2021)
Mr 1Lmkins
Mr SJRoberts
Mrs JEAuckland
Mr M A Calvert
Mr R G Pike
Mr M Whiiaker
Mr CW Milner (Chairman)
Mr A C Marsdcn (Resigned 9 September 2021)
Mr D JHcbden
MrDACGill
Mr P LCalvert (Treasurer)
Mr D JHarpham
Mr 11311olmes (Appointed 9September 2021)
Mr C Campbell
Company scm ctnry Dr A J Cowling (Resigned 9 September 2021)
Mr JBIiolmes (Appointed
9September 2021)
hulcpcndcnt csamincr Susan Seaman, BAFCA CIOT Sagars Accountants Ltd
Gresham liousc
5-7 St Paul's Street
Leeds
Ls 1 2JG

Year emled 31Dec e mb er 2021
2021 2020
Unrestricted
funds ltestricted funds Total funds Total Funds
Note f. g 5
Iltcolttc attrl ctt(iotvtttcttts
Donations
and legacies
48,373 73,301 121,674 52,114
Charitable
activities
71,884 71,884 9,228
Other trading
activities
23,921 23,921 11,701
Total income 144,178 73,301 217,479 73,043
Expenditure
Expenditure
on raising funds:
Costs ofraising donations and lcgacims 8 1,500 1,500 1,775
Costs ol'other tradmg acttviues 9 7,372 7372 3,831
Expenditure
on charitable
activities 10,11 92,083 34,125 126,208 142,660
Total expenditnre 100,955 34,125 135,080 148,266
Net income/(expenditure) and net movmnent
in fumls 43,223 39,176 82,399 (75,223)
Reconciliation
offunds
Total 1'unde brought
lorward
497,041 580,181 1,077,222 1,152,445
Total fun&la carried forward 540,264 619,357 1,159,621 1,077,222

2021 2020
Note
f'ixed assets
Tnngiblc
fixed assets
17 900,096 878,804
Current
assets
Stocks 18 9,121 7,483
Debtors 19 26,728 18,983
Cash at bank and in hand 246,568 265,981
282,417 292,447
Creditors: amounts falling due within
one year 20 (22,892) (94,029)
Net current assets 259,525 198,418
Total assets less current liabilities 1,159,621 1,077,222
Net assets 1,159,621 1,077,222
Funtls ofthe charity
Restricted
funds
619,357 580,181
Unrestricted I'unde 540,264 497,041
Total charity funds 23 1,159,621 1,077,222

Unrestricted Restncted Total Funds
Funds Funds 2021
Donations
Donations 5,607 5,607
Grants
1leritage Lottery Fund 32,670 73,301 105,971
Govcmmont grant income 10,096 10,096
48,373 73,301 121,674
Unrestricted Restricted Total Funds
Funds Funds 2020
f
Donations
Donations 14,500 14,500
Grants
Hentagc Lottery Fund 27,614 27,614
Govcmtnent grant income 10,000 10,000
24,500 27,614 52,114
6. Charitable
activities
Unrestncted Total Funds Unrestncted Total Funds
Funds 2021 Funds 2020
8 f,
Regular passenger tickets 19,793 19,793 7,167 7,167
Other special cvcnts 6,627 6,627 96 96
Santa receipts 45,464 45,464 1,965 1,965
71,884 71,884 9,228 9,228
7. Other trading activities
Unrestricted Total ltunds Unrestricted Total Funds
Funds 2021 Funds 2020
8 E
Fundmsising events 810 810
Shop income 13,488 13,488 2,375 2,375
Hire offacilities 5,645 5,645 625 625
htcntbers
subscnpttons
4,788 4,788 5,199 5,199
Sale ofscrap 2,692 2,692
23,921 23,921 11,701 11,701

B. Costs of raisi ng donat ions and legacies
Unrcstrictcd Total Funds Unrestricted Total I'unde
Funds 2021 Funds 2020
Advcrtising, Icaflcts and dtstrtbut&on 1,500 1,500 1,775 1,775
9. Costs of other trading nctivitics
Unrestricted Totnl Funds Unrestncted Total Funds
Funds 2021 Funds 2020
E E
Costs of other trading activities - Shop costs 7,372 7 372 3,831 3,831
10. Expenditure on charitable activities by fund type
Unrestncted Restricted Total trunds
Funds Funds 2021
E
Itailnay running costs 63,958 34,125 98,083
Support costs 28,125 28,125
92,083 34,125 126,208
Unrestncted Restricted Total Funds
Funds Funds 2020
Raihvay running costs 77,657 36,247 113,904
Support costs 16,216 12,540 28,756
93,873 48,787 142,660
Activities
undertaken Total fnnds Total fund
directly Support costs 2021 2020
E E E
Raihvay running costs 98,083 25,395 123,478 140,170
Etovernance costs 2,730 2,730 2,490
98,083 28,125 126,208 142,660

12. Annlysis of sup port
cos
t s
Railway nmning
costs Total 2021 Total 2020
8
Prcmiscs 8,622 8,622 4,399
Geiiei"al olficc 6,839 6,839 5,232
Governance cosa 2,730 2,730 2,490
Evcntcosts 245 245 714
Administrative costs 6,807 6,807 8,967
Repairs and maintcnancc 2,882 2,882 6,954
28,125 28,125 28,756
13. iNct inconie/(expenditure)
Net income/(expenditure) is stated after charging/(crediting):
2021 2020
5
Depreciation of tangible fixed asseis 41,698 38,052
14. Imlependent examinntion fees
2021 2020
5
Fees payablc to thc indepcndcnt examiner for:
Indcpcndent exammation ofihc financial statements 2,800 2,400

Ta ngible
fixed assets
Freehold Fixtures and I.ocomotives
dr
plopcity fittings Rolling Stock Equipment rotal
8
Cost
Ai 1 January 2021 1,145,459 33,778 94,163 47,394 1,320,794
Additions G1,990 1,000 62,990
At 31 Dcccmlicr 2021 1,207,449 33,778 95,163 47,394 1,383,784
Dcprcciation
At 1 January
2021
393,756 4,643 43,591 441,990
Charge for thc year 31,G28 947 9,123 41,698
At 31 Dcccmbcr 2021 425,384 5,590 52,714 483,688
Carrying
amount
At 31Deceniber 2021 782,065 28,188 42,449 47,394 900,096
At 31 December 2020 751,703 29,135 50,572 47,394 878,804
18. Stocks
2021 2020
f.
Raw malenals and consumables 9,121 7,483
19. Debtors
2021 2020
Trade debtors 21,383
Prcpaymeiils
Other debtots
allcl eccl'llccl lllcolrlc 5,34( 11,408
7,575
26,728 18,983
20. Creditors:
amounts
falling due lvithin onc year
2021 2020
Trade creditors 8,965 7,7BG
Accruals
and
deferred income 13,927 86,243
22,892 94,029

2021 2020
E
10,357 B3,243
Govcrnnicnt grnnts grnnts
Thc aniounts recognised
in the financial
statemenis for govcrnmont grants are as follows:
2021 2020
E
Recognised in income from donations and legacies:
Government grants income 10,096 10,000
Unrestr icted
futuls
At
At 31 December
I January 2021 Income Expenditure 2021
E E E E
Gciicrat Iiiiitls 497,041 144, 17B (100,955) 540,264
At At 31 December
I January 2020 Inconic Expenditure 2020
f. f.
Goncral fimds 551,091 45,429 (99,479) 497,041

Restrict ed I'ands
At
At 31 December
I January 2021 Income Expenditure 2021
8 f. f,
Ileritage Louery Fund 576,086 73,301 (34,125) 615,262
Locomotive Maintenance 2,501 2,501
Defibrillator fund 370 370
Disabled Children's Access Fund 1,224 1,224
580,181 73,301 (34,125) 619,357
At At 31 December
I January 2020 Rico&ac
f
Expenditure 2020
f
Heritage Lottery Fund 597,259 27,614 (48,787) 576,086
Locomotive Maintcnancc 2,501 2,501
Defibril1ator fund 370 370
Disabled Clnldren's Access Fund 1,224 1,224
601,354 27,614 (48,787) 580,181
Analysis of net assets betsveen funds
Unrestncted Restricted Total Funds
Funds Funds 2021
8
Tangible fixc&l assets 285,492 614,604 900,096
Current assets 277,664 4,753 282,417
Creditors less than I year (22,892) (22,892)
Nct assets 540,264 619,357 1,159,621
Unrestricted Restricted
Funds Funds I'otal Funds 2020
f f.
Tangible tixe&l assets 303,271 575,533 878,804
Current assets 287,799 4,648 292,447
Crcdttors less tlmn I year (94,029) (94,029)
&Net assets 497,041 580,181 1,077,222

Year emled 31Dec e mb er 2021
2021 2020
Unrestricted
funds ltestricted funds Total funds Total Funds
Note f. g 5
Iltcolttc attrl ctt(iotvtttcttts
Donations
and legacies
48,373 73,301 121,674 52,114
Charitable
activities
71,884 71,884 9,228
Other trading
activities
23,921 23,921 11,701
Total income 144,178 73,301 217,479 73,043
Expenditure
Expenditure
on raising funds:
Costs ofraising donations and lcgacims 8 1,500 1,500 1,775
Costs ol'other tradmg acttviues 9 7,372 7372 3,831
Expenditure
on charitable
activities 10,11 92,083 34,125 126,208 142,660
Total expenditnre 100,955 34,125 135,080 148,266
Net income/(expenditure) and net movmnent
in fumls 43,223 39,176 82,399 (75,223)
Reconciliation
offunds
Total 1'unde brought
lorward
497,041 580,181 1,077,222 1,152,445
Total fun&la carried forward 540,264 619,357 1,159,621 1,077,222

2021 2020
Note
f'ixed assets
Tnngiblc
fixed assets
17 900,096 878,804
Current
assets
Stocks 18 9,121 7,483
Debtors 19 26,728 18,983
Cash at bank and in hand 246,568 265,981
282,417 292,447
Creditors: amounts falling due within
one year 20 (22,892) (94,029)
Net current assets 259,525 198,418
Total assets less current liabilities 1,159,621 1,077,222
Net assets 1,159,621 1,077,222
Funtls ofthe charity
Restricted
funds
619,357 580,181
Unrestricted I'unde 540,264 497,041
Total charity funds 23 1,159,621 1,077,222

Unrestricted Restncted Total Funds
Funds Funds 2021
Donations
Donations 5,607 5,607
Grants
1leritage Lottery Fund 32,670 73,301 105,971
Govcmmont grant income 10,096 10,096
48,373 73,301 121,674
Unrestricted Restricted Total Funds
Funds Funds 2020
f
Donations
Donations 14,500 14,500
Grants
Hentagc Lottery Fund 27,614 27,614
Govcmtnent grant income 10,000 10,000
24,500 27,614 52,114
6. Charitable
activities
Unrestncted Total Funds Unrestncted Total Funds
Funds 2021 Funds 2020
8 f,
Regular passenger tickets 19,793 19,793 7,167 7,167
Other special cvcnts 6,627 6,627 96 96
Santa receipts 45,464 45,464 1,965 1,965
71,884 71,884 9,228 9,228
7. Other trading activities
Unrestricted Total ltunds Unrestricted Total Funds
Funds 2021 Funds 2020
8 E
Fundmsising events 810 810
Shop income 13,488 13,488 2,375 2,375
Hire offacilities 5,645 5,645 625 625
htcntbers
subscnpttons
4,788 4,788 5,199 5,199
Sale ofscrap 2,692 2,692
23,921 23,921 11,701 11,701

B. Costs of raisi ng donat ions and legacies
Unrcstrictcd Total Funds Unrestricted Total I'unde
Funds 2021 Funds 2020
Advcrtising, Icaflcts and dtstrtbut&on 1,500 1,500 1,775 1,775
9. Costs of other trading nctivitics
Unrestricted Totnl Funds Unrestncted Total Funds
Funds 2021 Funds 2020
E E
Costs of other trading activities - Shop costs 7,372 7 372 3,831 3,831
10. Expenditure on charitable activities by fund type
Unrestncted Restricted Total trunds
Funds Funds 2021
E
Itailnay running costs 63,958 34,125 98,083
Support costs 28,125 28,125
92,083 34,125 126,208
Unrestncted Restricted Total Funds
Funds Funds 2020
Raihvay running costs 77,657 36,247 113,904
Support costs 16,216 12,540 28,756
93,873 48,787 142,660
Activities
undertaken Total fnnds Total fund
directly Support costs 2021 2020
E E E
Raihvay running costs 98,083 25,395 123,478 140,170
Etovernance costs 2,730 2,730 2,490
98,083 28,125 126,208 142,660

12. Annlysis of sup port
cos
t s
Railway nmning
costs Total 2021 Total 2020
8
Prcmiscs 8,622 8,622 4,399
Geiiei"al olficc 6,839 6,839 5,232
Governance cosa 2,730 2,730 2,490
Evcntcosts 245 245 714
Administrative costs 6,807 6,807 8,967
Repairs and maintcnancc 2,882 2,882 6,954
28,125 28,125 28,756
13. iNct inconie/(expenditure)
Net income/(expenditure) is stated after charging/(crediting):
2021 2020
5
Depreciation of tangible fixed asseis 41,698 38,052
14. Imlependent examinntion fees
2021 2020
5
Fees payablc to thc indepcndcnt examiner for:
Indcpcndent exammation ofihc financial statements 2,800 2,400

Ta ngible
fixed assets
Freehold Fixtures and I.ocomotives
dr
plopcity fittings Rolling Stock Equipment rotal
8
Cost
Ai 1 January 2021 1,145,459 33,778 94,163 47,394 1,320,794
Additions G1,990 1,000 62,990
At 31 Dcccmlicr 2021 1,207,449 33,778 95,163 47,394 1,383,784
Dcprcciation
At 1 January
2021
393,756 4,643 43,591 441,990
Charge for thc year 31,G28 947 9,123 41,698
At 31 Dcccmbcr 2021 425,384 5,590 52,714 483,688
Carrying
amount
At 31Deceniber 2021 782,065 28,188 42,449 47,394 900,096
At 31 December 2020 751,703 29,135 50,572 47,394 878,804
18. Stocks
2021 2020
f.
Raw malenals and consumables 9,121 7,483
19. Debtors
2021 2020
Trade debtors 21,383
Prcpaymeiils
Other debtots
allcl eccl'llccl lllcolrlc 5,34( 11,408
7,575
26,728 18,983
20. Creditors:
amounts
falling due lvithin onc year
2021 2020
Trade creditors 8,965 7,7BG
Accruals
and
deferred income 13,927 86,243
22,892 94,029

2021 2020
E
10,357 B3,243
Govcrnnicnt grnnts grnnts
Thc aniounts recognised
in the financial
statemenis for govcrnmont grants are as follows:
2021 2020
E
Recognised in income from donations and legacies:
Government grants income 10,096 10,000
Unrestr icted
futuls
At
At 31 December
I January 2021 Income Expenditure 2021
E E E E
Gciicrat Iiiiitls 497,041 144, 17B (100,955) 540,264
At At 31 December
I January 2020 Inconic Expenditure 2020
f. f.
Goncral fimds 551,091 45,429 (99,479) 497,041

Restrict ed I'ands
At
At 31 December
I January 2021 Income Expenditure 2021
8 f. f,
Ileritage Louery Fund 576,086 73,301 (34,125) 615,262
Locomotive Maintenance 2,501 2,501
Defibrillator fund 370 370
Disabled Children's Access Fund 1,224 1,224
580,181 73,301 (34,125) 619,357
At At 31 December
I January 2020 Rico&ac
f
Expenditure 2020
f
Heritage Lottery Fund 597,259 27,614 (48,787) 576,086
Locomotive Maintcnancc 2,501 2,501
Defibril1ator fund 370 370
Disabled Clnldren's Access Fund 1,224 1,224
601,354 27,614 (48,787) 580,181
Analysis of net assets betsveen funds
Unrestncted Restricted Total Funds
Funds Funds 2021
8
Tangible fixc&l assets 285,492 614,604 900,096
Current assets 277,664 4,753 282,417
Creditors less than I year (22,892) (22,892)
Nct assets 540,264 619,357 1,159,621
Unrestricted Restricted
Funds Funds I'otal Funds 2020
f f.
Tangible tixe&l assets 303,271 575,533 878,804
Current assets 287,799 4,648 292,447
Crcdttors less tlmn I year (94,029) (94,029)
&Net assets 497,041 580,181 1,077,222