2020-12-31-accounts

Trustees			R C Masters	R C Masters
			C R Cooke
			C E Hopkins
			T Dalton
			SJ Masters
			D R Sharp
Secretary			AJepson
Charity number			271589
Company	number		01261079
Registered		oflice	Cranmore	Railway Station
			Cranmore
			SHEPTON MALLET
			Somerset
			BA44QP
Independent		examiner	Old Mill Accountancy			LLP
			Bishopbrook		House
			Cathedral	Avenue
			WELLS
			Somerset
			BA5 1FD
Bankers			Lloyds TSB
			24- 26 High		Street
			WELLS
			Somerset
			BA5 2SJ
Solicitors			Chubb Bulleid Limited
			7 Market Place,
			WELLS
			Somerset
			BA5 2RJ

				Page
Trustees' report				1-3
Independent	examiner's		report
Statement of	financial	activities
Balance sheet				6-7
Notes to the financial		statements		8-23

			2020	2019
			f	f
Total funds	ofthe charity		509,074	433,863
Less:
Restricted funds			(3,872)	(18,421)
Designated	funds		(65,000)	(72,000)
Unrestricted	funds only realisable	on disposal offixed
assets			(355,742)	(240,867)
			84,460	102,575

			Unrestricted	Restricted	Total	Total
			funds	funds
			2020	2020	2020	2019
		Notes	f	f	f	f
Income and endowments	from:
Donations and legacies			90,332	29,550	119,882	107,552
Charitable activities			150,181		150,181	263,765
Other trading activities			37,553		37,553	40,139
Other income			15,337		15,337	26,696
Total income			293,403	29,550	322,953	438,152
Ex enditure on:
Raising funds			20,626		20,626	26,671
Charitable activities			301,529		301,529	332,986
Total resources expended			322,155		322,155	359,657
Net (outgoing)/incoming	resources before transfers		(28,752)	29,550	798	78,495
Gross transfers between	funds		44,099	(44,099)
Net incoming/(outgoing)	resources		15,347	(14,549)	798	78,495
Other recognised gains and losses
Revaluation oftangible fixed assets			74,413		74,413
Net movement in funds			89,760	(14,549)	75,211	78,495
Fund balances at 1January 2020			415,442	18,421	433,863	355,368
Fund balances at 31December 2020			505,202	3,872	509,074	433,863

						2020		2019
				Notes		f		f
Fixed assets
Tangible assets				12		355,742		240,867
Investments				13		25,000		25,000
						380,742		265,867
Current assets
Stocks				14	2,822		3,547
Debtors				15	58,817		74,038
Cash at bank and in		hand			125,816		125,879
					187,455		203,464
Creditors: amounts		falling due within one		17
year					(59,123)		(35,468)
Net current	assets					128,332		167,996
Total assets	less current		liabilities			509,074		433,863
Income funds
Restricted funds				20		3,872		18,421
Unrestricted	funds
Designated	funds			21	65,000		72,000
General unrestricted		funds		21	440,202		343,442
						505,202		415,442
						509,074		433,863

		Unrestricted	Restricted	Total	Total
		funds	funds	2020	2019
		f	E	E	E
Donations	and gifts	12,646	200	12,846	30,237
Grant received			29,350	29,350	32,692
Government grants		77,686		77,686
Gift Aid from subsidiary					44,623
		90,332	29,550	119,882	107,552
Forthe year ended 31December 2019		51,705	55,847		107,552
Charitable	activities
			2020		2019
			E		E
Fares and	Admissions		150,181		263,765

			2020	2019
			f	f
Fundraising	events		37,553	40,139
Other income
			2020	2019
			f	f
Subscriptions			8,167	4,015
Booking fees and sundry income			7,170	11,247
Wine and Dine income				11,434
			15,337	26,696
Raising funds
			2020	2019
				f
Fundraisin	and	ublicit
Staging fundraising		events	20,626	26,671

		2020	2019
		f	f
Motive, Power and Operations		16,871	30,784
Civil Engineering		16,003	17,572
Workshop Consumables		8,768	2,680
Santa Specials		12,052	12,663
Freight Charter and	Loco Hire	28,372	36,007
Gruffalo			1,500
The Way We Were			980
Rent and Rates		20,987	21,736
Services		26,975	25,716
Insurance		24,041	21,784
Repairs and overhaul	costs	10,638	21,299
Property Expenses		1,295	1,735
P J Masks			2,796
		166,002	197,252
Share ofsupport costs (see note 9)		133,405	133,612
Share ofgovernance	costs (see note 9)	2,122	2 122
		301,529	332,986
Analysis by fund
Unrestricted funds		301529	332 986
		301,529	332,986

Support costs
			Support costs	Governance	2020	2019
				costs
Staff costs			62,460		62,460	58,158
Depreciation			35,799		35,799	30,807
Advertising and Marketing			8,949		8,949	9,513
Postage, Stationery	and	Telephone	15,399		15,399	19,481
Bank Interest and Charges			289		289	508
Credit Card Charges			3,288		3,288	4,772
Sundry			2,463		2,463	4,013
Legal and Professional			3,208		3,208	4,860
Accountancy Fees			1,550		1,550	1,500
Independent Examiners		Fees		1,500	1,500	1,500
Director's insurance				622	622	622
			133,405	2,122	135,527	135,734
Analysed between
Charitable activities			133,405	2,122	135,527	135,734

	2020	2019
	Number	Number
Employment costs	2020	2019
	f	f
Wages and salaries	60,161	55,272
Social security costs	1,642	2,180
Other pension costs	657	706
	62,460	58,158

Tangible fixe	d assets
			Plant and	Fixtures,	Rolling stock	Total
			machinery	fittings &
				equipment
				f	f
Cost
At 1January	2020		251,944	45,385	44,587	341,916
Additions			70,911	5,350		76,261
Revaluation					74,413	74,413
At 31December 2020			322,855	50,735	119,000	492,590
Depreciation	and impairment
At 1January	2020		63,531	37,518		101,049
Depreciation	charged	in the year	33,816	1,983		35,799
At 31December 2020			97,347	39,501		136,848
Carrying amount
At 31December 2020			225,508	11,234	119,000	355,742
At 31December 2019			188,413	7,867	44,587	240,867

Cost or valuation
At 1January 2019R1January 2020			25,000
Carrying amount
At 31December 2020			25,000
At 31December 2019			25,000
		2020	2019
Other investments comprise:	Notes	f	f
Investments in subsidiaries	26	25,000	25,000

14	Stocks
						2020	2019
						f	f
	Raw materials		and consumables			2,822	3,547
15	Debtors
						2020	2019
	Amounts	falling due within			one year:	f	f
	Trade debtors					1,199	1,020
	Amounts	owed		by subsidiary	undertakings	34,422	47,694
	Other debtors					11,904	14,158
	Prepayments		and accrued income			11,292	11,166
						58,817	74,038

Loans an	d ove	rdra	fts
						2020	2019
						f	f
Other loans						1,711	2,368
Payable	within	one year				1,711	2,368
Creditors: amounts falling due within one year
						2020	2019
					Notes	f	f
Borrowings						1,711	2,368
Other taxation		and social security				722	843
Deferred	income				18	22,951	9,467
Trade creditors						21,503	9,963
Accruals						12,236	12,827
						59,123	35,468
Deferred	income
						2020	2019
						f	f
Other deferred		income				22,951	9,467
						2020	2019
						f	f
Current	liabilities					22,951	9,467
						22,951	9,467
Movement in		the	year			2020	2019
						f	f
At 1January 2020						9,467	13,005
Amount	released		to income earned from charitable	activities		(9,467)	(13,005)
Amount	deferred		in the year			22,951	9,467
At 31December 2020						22,951	9,467

				Movement	Movement	in funds
			Balance at 1	Incoming	Resources		Transfers	Balance at31
			January 2020	Resources	Expended			December 2020
			E	f		E
Sleeper Appeal				200			(200)
Cranmore	Station Heritage	Fund	18,421	29,350			(43,899)	3,872
			18,421	29,550			(44,099)	3,872
Prior year				Movement		in funds
			Balance at 1	Incoming	Resources		Transfers	Balance at31
			January 2019	Resources	Expended			December 2019
			E	E		f	E	E
Cranmore	Station Heritage	Fund		55,847			(37,426)	18,421
				55,847			(37,426)	18,421

				Movement in funds	Movement in funds
			Balance at 1	Incoming	Resources	Transfers	Balance at31
			January 2020	Resources	Expended		December 2020
			E	E	E	E	E
5637 Fund			20,000			(20,000)
46447 Fund			50,000			12,000	62,000
Lady Nan Fund			2,000			1,000	3,000
Designated	funds		72,000			(7,000)	65,000
General funds			343,442	293,403	(322,155)	125,512	440,202
Total unrestricted		funds	415,442	293,403	(322,155)	118,512	505,202

Prior year				Movement in funds	Movement in funds
			Balance at 1	Incoming	Resources	Transfers	Balance at31
			January 2019	Resources	Expended		December 2019
			f	E	f	E	E
5637 Fund			18,000			2,000	20,000
46447 Fund			40,000			10,000	50,000
Lady Nan Fund			1,000			1,000	2,000
Designated	funds		59,000			13,000	72,000
General funds			296,368	382,305	(359,657)	24,426	343,442
Total unrestricted		funds	355,368	382,305	(359,657)	(37,426)	415,442

Analysis ofnet assets between funds
		Unrestricted	Restricted	Total
		funds	funds
Fund balances at 31December 2020 are represented	by:
Tangible assets		355,742		355,742
Investments		25,000		25,000
Current assets/(liabilities)		124,460	3,872	128,332
		505,202	3,872	509,074

Prior year
		Unrestricted	Restricted	Total
		funds	funds
Fund balances at 31December 2019are represented	by:
Tangible assets		240,867		240,867
Investments		25,000		25,000
Current assets/(liabilities)		149,575	18,421	167,996
		415,442	18,421	433,863

	2020	2019
	f	f
Within one year	25,711	25,744
Between two and five years	79,076	86,536
In over five years	462,333	480,583
	567,120	592,863

Name of	undertaking	Registered		Nature ofbusiness		Class of	%Held	%Held
		oflice				shares held	Direct	Indirect
Cranmore	Railway Company	Cranmore,	Nr	Carries on the trading	activities	Ordinary	100.00
Limti ed		Shepton Mallet,		ofthe group.
		Somerset,	BA4
		4QP