# **RUSHDEN HISTORICAL TRANSPORT SOCIETY** 

TRUSTEE’S REPORT YEAR ENDING Sept 2020 

Charity no 285535 



# **RUSHDEN HISTORICAL TRANSPORT SOCIETY** 

## Report of Trustees ending 30[th] September 2020 

The trustees are pleased to present their annual report along with the financial statement of the charity for the year 

TRUSTEES:  President: Richard Lewis 

Chairman – John Sugars Vice-chairman: Colin Robinson Treasurer:  n/a Secretary:  John Holdom-Eyles MEMBERSHIP SECRETARY:  Dave Stuttle 

Other Trustees:  David Floyd 

## **Our Purpose** 

To advance the education of the public in the history of transport and to provide a museum for the public exhibition of vehicles and other artefacts of relevant historical interest. 

## **The strategies used to achieve the Charity’s AIMS:** 

- 1.) Provision of Station Museum 

- 2.) Running of Heritage railway 

- 3.) Regular themed running and community events held at the Station. 

- 4.) Development of the Goods Shed as a Community Hub 

- 5.) Preservation and display of heritage commercial vehicles and railway rolling stock. 



- 6.) Use of facilities to community groups and the use of Educational and Cultural visits. 

2020 has been one of the most challenging of years for the Society because of the Covid pandemic halfway through the financial year. 

The Heritage Railway operated by the Society was still not operational at start of the financial year and this initially impacted on the Society’s income. But it was the lockdown in March 2020 which decimated income for the rest of the financial year, from the period of March 16[th] until August 28[th] no events were run by the Society and there was no income from private hires of the facilities. But a good start to the financial year and the use of Government schemes meant the overall position of the Charity was an improvement on the previous year. 

During the summer of 2020 the period of lockdown gave the opportunity to complete several refurbishment projects. We thank both East Northamptonshire Council and Rushden Town Council for Community grants that allowed the Society to replace the Goods Shed roof and refurbish the Goods Shed floor respectively. 

With the help of Covid grants from the Government and the use of the Furlough scheme the financial situation stabilised and preparations were made for a restart in activities in the Autumn of 2020. 

## **Public Beneft Statement** 

The trustees of Rushden Historical Transport Society offer services and facilities to the community that we believe take due regard of public benefit as stated in section 4 of the Charities Act 2006. 



Registered Charity Number
Rushden Historical Transport Society
Report and Accounts
30 September 2020

Ru8hdon Hlstorf¢al Tmnsport Sodoty
Report and accoun18
Contents
Tnjsteg's Report
1b3
4toS
Statement of FInar￿la1 Athitsgs
Balance sheet
Notes to the a¢￿￿nts
Detaled Statement ol Nnandal Acti￿￿e8
810 11
12to14

Ru8hden Hlstorlcal Tr8ngPOrt So¢loty
The report ol the trustees for tho year ended 30 Sepiomber 2020
Introductlon
Th8 trustees w88ent thoir annual r8POrt and aceounts lor the year ended 30 September 2020.
rhe board of trustees arg satisfied with the pertomanc8 01 the ¢harlty during the year and th8 posilion at 30
ieptsmber 2020 and consider th* the charty is in a strong wsrtion to continue its actiwlies durlng the
x)mlrvJ year, that the charit￿S assets are adequate to fylfll tts obllgatrons.
lam?. rogl81ornd offl¢a and constftuuon ol *h• ¢harhy
he full name ol the char]ty Is Rushdgn Hl8torirAI Transport Soclety.
h618gal reg￿tralk￿ delalls are :.
ate of lom7ali)n
20 Oct(thr 1982
ie princi￿ Offlce Is
The Station, Station Arproach,
RusFxlen. Northwts, NNIO OAW
?affty R8g18tratbn Number
telWDn8 number Is
0300 3023150
and ktlvltlè• of tho Charlty
advance the educallon of ihe publlc in the hlstory of trans￿ and to proMd9 a museum lor th8 pubfic
Ibit￿Tr of vehkles and other artelacts of relevant hlstorlcal Intere￿.
ucturn, Govornanco ar•d Man•gèmont
r• ol the Govomlng Doeum•nt and eon&tNutlon of the eharfty
I Chaty 18 an unincoTporated Bssociatlon gov8med by a conslrtutK*n. Eliglbility lor mgmbershlp of the
rty, ar¥J membership of the board of trustees is gov9rned by the constitutron. There are no reslilction8 In
govornirg document on lh8 opfrrat]on ol the charity or on it8 Invostment powers, olher Ihan those
ed by general charity law.
rnborshlp of a wldor ithork
Charity ha8 no respOnsi￿.1￿Y for. nor 1$ tt answerable to, any othèr organlsatton.
mior rl8k* lo whl¢h Ihe chwltylg expogod and revkn and •y8tem8 to mlllgato rf•k*
harity is open to the usual financial risks of any organisalion. and the charity has Introduced controls to
nise these rfsks. In addition, the ac(y)unts are regularty explained to members of th8 Charrty and are
for memberfs Inspection at any Ilme.
ugtees hav8 resotved to 88lablish rgserves to provth for future aCtI￿tI9$, to provth funding for
)8XPeCted10sseg in tho fU￿re.

The policy t)n re58rve$ is thal the exi5trng a888ts ar8 retalned to produc8 income is whdly ulilised to
support existiro activiues. Thero is no intention in the kjry term to 8ith6r increase or decrease th8 capital
slgnrfKantly. This policy 1$ justrfl8d in that li n8¢essary to PT8seNe income at the yes8nt l&vels in ord8r to
malntsln the aclivltles ol the charlty.
Avaliablllty and adoquacy ol as•¢ts of each ot lund*
The tjoard of truste8s Is satisfled that the chartys assets In each fuThY arg available arKJ ad￿uate lo fultil its
obllgations In resp8Ct ot each lund.
Tran•aclloTh8 and Finandal pogftlon
The tlnan¢lal slalgments ar8 set oul on pages 9 to 16. As slated in the Intrijdudion to thls report, the
trustses consider the financial p8rformarKe by the charlty durtno the ygar io hav8 been Sat￿laCtory.
The Statement ol Flnancial Actfviti8S Show Iruimlng resources for the ￿ar ol a revenue nature of
£45,995 {2019: In¢omlng resources £20,380).
The total reS8TVOS atthe year erKI stand at £710,150 (2019: £664,155).
A maiorty ot the oxpendriura Is spent on management and adminlstrallon.
Tho mornb•rs ol the Boord of TNst*• ol Iho Chorfty durlng lh• ygar ondad 30 S¢ptomb¢r 2020
J E Sugars
C R Roblnson
D Floyd
R Lew*
D StLrtilg
J Holdom E￿$
Tho membws ol Iho Boird ot Trusw ol tho Ch•rlty al th• dolo tho l•POrt •nd ac¢ounts weY•
approvgd wwo:
J E Sugars
C R Roblnson
D F￿￿1
R Lewis
D StLrttle
J Hol(k)m Eyles
Banknrn
Lloyds TSB
In(kpndem Examln•r
Jonathan Essam
Chartered Accountant
23 Cothngham Way
Thrapston
Northants
NN14 4PL

Slatwnonl olTrust*g' Re#ponslbllltta8
Charity Law requires the Board to prepare linancid statements for each financial year whlch give a true aTKI
lair ￿&W of lh8 Stalg ol affalrs ot the Charity as al the 8fKI ot the financlal Ye￿ and ol the suiplus or defictt ol
the Charity. In preparing those financial statements ts Board Is requiT8d lo .
- yel￿t suitable accounling policies and then appty them Co￿18t8n11y.
- make judgements and ￿tiMateS that aro reasona￿@ and Prudent. arKI
- prepar& the linancial statements on the golrKJ ¢orThrn basis un18ss It is
Inappropriate lo presume Ihal the charty will contlnue in busin8SS.
slal8 whethgr applicable ac¢ourrtlng stsndards and stat8ments ol
r8commBnded practice have been followed, subj8Ct to any materlal
departures dlsdosed and expldk*d in the financial stalements.
The tnjstees are ￿$0 responsib￿ lor maintalnlng prf¢)8r aLxountiw re￿r￿S v*hlch disclose with reasonabl8
accuracy at any time the financlal posttion 01 th8 charity arxj whrh are sufficient to show and explaSn the
charilY8 transactions and 8nable them to ensure that the linanciat statements comply with r8guialions mad&
uThJer the Charities Act. They are also reswnsible lor safeguardtng the assets of the charity arKI hence for
taking reasonable sty for the prevention and d8t8clion of fraud and oth8r Irregularltle8.
The trust88s are ￿$0 responsibte tor the contents of the Irust8es' r8POrt, and tho resF￿nS1b1lty ol the
ind8wndent 8xaminer In relation lo Ihe trustees, report 18 limlted to examlnlng ihe report and ensuriThJ that,
on the lace of the rewrt, there aro no inconsistend8s with the lioures dlsdosed In th8 flnancid statements.
Thls re[￿ was approved by the tjoard of tnjstees on 19 JU￿ 2021
J E Sugaf8
Chairman

Rushden Hlstorlcal Trnnsport Soclety
Independent Exomln•fs Report lo the trust￿3 ot tho charlty
Report ol Ihe Indq)endonl Examlnor to Ihe trugtees on Ihe
accounts oi iho Charlty lor the year ended 30 Septembor 2
I report on the financial 8latsm8nts ofth8 Gharity for the yBar erKled 30 Septembgr 2020 vthlch are
8et (MJI on pag8s 610 14.
Ro•p•ctlvo r0w>nslbllltlag ol truste•s and wamlnor
The trust￿ are Ye8ponsikle for the FKeparath)n of tFp &counts. The chariV8 trustegs
consldei Ihat an is nol required for this ￿ar under section 144{2) of th8 Charrtieg Act 2011
(the 2011 ktl and that an1rn18penderrt 8xamlnation k8 n8edgd.
11 Is my responslt41ity to:
axamine the accx)unls under S￿￿on 145 ot the 2011 Acl;
lollow the proc8dur8s laid down in the gengrl D1￿ctIonS g￿en bythe Charity Commlssion
urKler sectlon 145{5llbl of the 2011 Act. and
State partbJlar matters have Lx>ffle to my attention.
Buls ol Ind•p•nd¢nt •x•nlnorf8 report
My examination was carried out In accordance wilh th8 gener￿ Directions gNen by the Charity
Commission. An examirHIM)n incl￿$ a ol the aKountlng iecords kept by the Charity aryj a
comparison of the accounts pT8s8nt￿ wth those r￿OrdS. It al80 ir￿udeS consldeTat4on of any
unusud items or disclo8uTes in Ihe accourrt8, and seeknng explanation$ from you as Iruslees
concemlng any such matt8rs. The prttedures undèrtaken do not pro￿de all the evKl8nce Ihal
would be Tequlred in an audil and consequènty no opinion Is gfven as lo whether the accounts
present a Iwe arxl falr vw atxl the report Es Ilrnited to those matters s81 OLrt In the statement
Indyndort oxomlnet• •la**iiollt
In conneclion my examlnatllm, no matter has com8 to my attent50n:
tch gI￿S me reasonable causo to believ8 Ihal. In any matarlal r8speci, Ihe requirements:
to ke8p a(wuntlng rewrds In accordance wlth 8eclion 130 of the 2011 Act: and
to prepare a￿￿nts which accord accounting records arKI ¢¢implywlih the accounting
requirements ot the 2011 Act
hav8 nol been m8t: or

to ththich, In my opinlon, att8nilon sh(￿Id be drawn In order to enabb a proper und8rstardiryJ
of the accounts to be reachad.
Jonathan Essam
Chartered A¢￿￿ntant
The Examlngrs r818vant professional qualilkallon or bth; ICAEW
28 CotiirwJham Way
Thrapston
Northants
NN144PL
The dat8 upon wthich my opinw ts ewessed Is :.
19Juty2021

Rushdon Hl8lorlcal Trangport Socloty
Ststsmenl ol Flnanclal ktlvlllos
for the yeaf ondad 30 Septambor 2￿￿0
Unrn•lrfct•d
Fund•
Totsl
Futtd•
La•t Y•af
Total Fund•
2019
Irwmlng mourc88
Voluntsry Incoma
Aetiviti88 for ggngrallng thjr
In¥estmant Ir￿m&
77,669
208,234
77.669
208,234
24,417
Totsl incomlng re*ourco8
246,138
Costs ol generating voluntary in¢omo
80,272
158,866
1,850
80272
158,686
108,884
137,074
240.788
240,788
245,758
Not Incomlng lesour￿8
45,995
45,995
20,380
m0ven￿ In lunds
45,995
45,995
20,380
Roconclliillon ot lund*
Tot•1 fvnds brought fonvard
664.155
664,155
643,775
Tot81 Fund$ lxrrfod lorward
710.150
664,155
All actl¥ftkn• darl¥8 lrnm contlnulng opornllon¥
Th• notr¥ M p4e8 8 10 11 ftwm on Integrnl pwl otlh•40 Accowbl&

Ru$hd•n Hlstorl¢al Transport Soclety
Balon¢o Sheot
a8 81 30 Septsmbor 2020
19
Th andllabHINes ofth ¢harfty."
FIX￿ amots
TaTrJille ags6ts
657,364
518,835
Investments
657.366
518,837
St￿k
Debtors and prepayments
Cash at bank and In haThl
Total cunprt a8S•t8
I4￿00
5562
125
145.901
13,430
6.726
228.893
249.049
Credltorn:.
amounts due within one year
10
193,117)
1103.731)
S2.784
145,318
Totsi le** cuThenl114blHtkns
710,150
664,155
710,150
664,155
Th• fimds ofthe ¢harfty.'
Unregtrf¢ted Income lunds
Unreslri¢ted revenue accumulaled hJTrts
710,150
Totsl unre¥trfct•d lundg
710.150
664.1 $5
Tolal charlty funds
710,150
664,155
J E Sugars
Chalrnian
Approv&d byth8 trustees on 19 July 2021

Rughden Hl811)rf¢al Transport Socl•ty
Nots8 *> tho k¢ount•
for Iho yw •ndod 30 Septsmbor 2tr20
1 A¢¢ounllng pollcl
h94818 of proparadon of the accounts
The financial statements have b88n wepar•d In a¢¢oTdan¢e with the w￿S1On8 of the Charit188 Acts, and
irdude Ihe results of the chartys op8r*lons whlch are des¢rlb8d in tho Truslfj8S' R•pDrt, dl of which ar
(x>ntlnuing.
The partlcukn accountirvd polb•s ad￿￿ are sel out botow.
A¢counikng Convanll
Th8 financlal statements are proparod, on a golThJ con¢wn bagb. urthr tho hL8t(wd cost convontk)n.
In¢oming re80UTh8 are &c¥)untwl for on a recwabl8 bAsIs
Bank intere* is IndUd￿ In tho Income exp8rKlkure ac(ount on a roc4fvabio ba8b.
R•eognltlon of Ilabllltle8
LI*)ilIt￿$ are rwnlwl on the a￿ual$ b&8L4 In accord￿￿• wlth normal accountlThJ prlncw.
Exp8rMdiiure is r8cogn18ed ￿ an aecfual basls as a li8bility k8 inwrred.
In pthcular tho poI￿Y for in¢ludlng Items wlthin costs Ot gon¢ratiffJ furKts. charitabb tthitios and
govemart¢8 cos18 K8:
Co8t• ￿gene￿lIng lund8
Those ar8 the Costs of lundrw$ing athilK8S.
CharTtabl8 exp8nditure comprises tho$8 costs Incurrod by the charity in the delNery of its
ac*witl8s and servic*8 lor its b&n¢ficiarl88. 11 Includos l>Jlh costs Ihal can bg ￿lOcat￿l
diT•city lo such activiii8s arKI those eosls ol an indirect nature n8ce8sary to SUPFQrt them.
Govemaneè costs Includ8 thos8 costs &S5Odat￿l wth maeting the consif(Lrtional and
stslulory requirements ol tho charlty and 5ndud8 tho accountarfs foes and costs li￿(￿ to th8 8trat8glc
manag•m8nt of thg chwlty.
All costs are dkcatod bthèen th• ayndituro catggories ol thg Statement of Ftnan¢lal AdNIIo8 on a
ba815 doslgned to reflect tho use ol the r8sour¢8.

Rushden H181orl¢al Tran8POrt Socloty
Nole8 to lh• l£counts
for th• y•ar ended 30 S•piombor 20*)
Flx•d488ets and deprnciatlon
AM a¥s8ts ar8 8tat8(l at C051 prts.
No dopredation 18 provthj on fixod 8s88ts, a8 It ￿ ￿n?￿d9r￿ tythe Mmmlttfje that Ihglr current vdu
exceo(Lq tho book value in the a(xxJurrts.
Taxatlon
As a r8gisler8d eharKy, Iho organisatkin L8 gxompt from In¢omo and ¢orwrallon tax to 8xi8nt that its
Income and gains ar¢ a￿￿abl& to char¢table purpos•$ onty.
2 Mndlng up or dl880hrtlan ol th• dwlty
If Ly>n wlndlng up or dissolution of th8 charity Iherg rorn￿n ary a880ts, aftarlhe sat￿lOn of all dobts and
Ilabilitles, the as$ot$ rèpresented by the ￿m￿lat¢d lund shall be tran8ferr•J lo somo other charltable bclly
orbo(A88 havlng sknllar ob* to the charty.
2019
Th1* l• •l•l•d tscredltlng :"
285.903
aftw¢hvglng
I1￿r￿n1 Examinovs Fe8$
No oxp8n888 w•r8 p￿d lo IrLF$t￿ or Fer8on8 ￿nn8(￿ad wlh I￿rn.
2019
Oth&r bank dOF4xk Intrnt rec8MI

Hushden Hl•lorl¢al Trnnyrt So¢lety
Notes to th• k¢ounl•
lor Ihe year Ond￿ 30 Sopiember %120
6 slaff Cogts Emolum*il•
2019
Gr￿ salwibs fi￿ Nl and ponsicThl
orlull Ilm8qulvaknts
2019
char6tabk8 actNiti&s
There w8r8 no leos or other remunoratKJn pwd to th8 trusts8S
Thore vmro no 8mpk)y8gs whh 8molumants In ex(*8s of £60,000 per annum
7 T￿9}blo fLmcllond fixed •••#•
oporty •qulpmanl
Totsl
Awtcort ￿tuatIOn or r•valugd amount
At1 OGlob8r 2019
Adjltb
AI 30 SoPternb8r 2020
£¢umulotsd doprncl•tton Impolrnwit provl•loM
At 1 October 2019
At 30 Swemtér 2020
338,467
129,000 PAK
180,368
518,835
138,529
book valuo
At 30 S8P18m￿r 2tr20
At 30 Septembor 2019
189,897
657,364
338.487
Unllrtod
Totsl
Vduo
val￿ at 1 (klotw 2019
Valu• al 20 2020

Aushdon Hlgtorfcjl Trnn•port Socl•ty
Noteg to the A¢¢ounts
lor the year endod ao Sepiombor 21Y20
Unll•tsd Inbp•knert• ooffiprla• :.
Valuo
V￿u•
2019
2019
FtsJ8hd8n Hh3hsm & welllngbxo￿h Rallway Ltd
Sth)SKliary undortaktng
T(tsl
9 D•blor•
2020
2019
Tr* ¢ieblors
Other Debtors
4,206
5.582
10 Crodltorn.. •mounts lalllw dug wllhln one
2019
Trnd8 uedrtors and aC￿u￿ oxponsos
93,117
103.731
103,731
11

Rushdon Hl8tortcal Transport Socloty
Schedule to tho Stalemont of Flnancl•l kUvltl8s
for tho yw 8nded 30 Sgptsmbor 2020
Unr••trl¢W Totsl Prlor P•rlod
Fund8
Fundg Totsl Fund•
2019
Incomlng R080urces
Voluntary Inoomo
lknmmonl and publk bodl
In¢omlng r•Joure•g of a r•wnu• nalurn
HMRC: Job Retention Scheme Grant
East Northants Dlstrlct Coulldl
Total
12,139
12,139
Non gov•rnmont and non publ1¢ bodl
Iwnlng rolourw of • nalur•. gran
sU￿1ry (h)natlons
160
Total Grnnts, Lty•¢l•• & Don￿10￿ Roc8lb*d
IXhfA voIuAlory Inc¢x
Members, SubscrlDUons
Totsl olh•r voluntsry Incrym
Tot•1 Voluntary Incomg
77,669
24,417
AclMtte• lor gw•raUng lund•
Furrtlr￿SIr¥J
208,234
Total ol actlvllle8 lor gongrallng lund•
Investment Incomo
(Xher bank dew$lt Intsrest r￿1V&1
880
Tolal Inv881th Income
Total Incomlng R08our￿$
2¥783 286,783 2*138
12

Ru8hdon Hlslorleal Tran8POrt Socloty
Schedule to Iho Statement of Flnanclal Acllvltl
for th• yur ondod 30 Sopiembor 2020
Unrn•trfct•d Total
Prfor P•rlod
Fund•
Fund• Totsl Fund•
2019
Costs of gengrallng lunds
Cost of furnlralslry acifvilles
80,272
1D8,684
In support of elwrtl•bl• •ctlvlU•s
Gross wages arKI salarl88. charltthe a¢tMtye8
49,748
49,748
57,231
3270
3,270
675
Rerrt payable
Rales, water ar#d seplice charges
Insurance
Ught aTKJ P*at
LauThlry and ¢leanlryJ
Premlses repalrs arKI rerwals
5,112
13.334
10,266
5,112
13,334
10266
10,049
10,807
4.821
20,097
143
45.745
Tdephorn Irrtemet
Prlntlng, postsge. stytKinery and ad¥erUslng
Htro of equipmerrt
Bank charges arKI Interest
Sundry exF*nses
4,7Y3
5.725
3214
354
4.723
3,667
3,214
15
Legal afKI professiorial fees
12,29)
12
12,290
Total eosls
15
158
Totsl Expended on Chorfl•blo Actlvltle8
137,074
13

Ru8hdon Hlslorlcal Tranoport Socl•ty
Scheduto lo the Slalomont ol Flnandal Acttvltlos
tor th8 y•ar ond•d 30 Sgptombw 2020
Unr8•trlct•d Totsl
Fund8
Prlor P•rlod
Tolal Fund•
2019
Govomance costs IIMt¥re not dlrnct nwmgement fiinctlon* Inher￿1 In genera
lund* MThlce dollvery 8ndprogMmmo orpmlect work
(Includlng management and admlnl8tratlon ￿*￿)
Independent Examlr*ls Fees
Total gov•rnanco CO8ts
14

Ru8hden Hlstorlcal Tr8ngPOrt So¢loty
The report ol the trustees for tho year ended 30 Sepiomber 2020
Introductlon
Th8 trustees w88ent thoir annual r8POrt and aceounts lor the year ended 30 September 2020.
rhe board of trustees arg satisfied with the pertomanc8 01 the ¢harlty during the year and th8 posilion at 30
ieptsmber 2020 and consider th* the charty is in a strong wsrtion to continue its actiwlies durlng the
x)mlrvJ year, that the charit￿S assets are adequate to fylfll tts obllgatrons.
lam?. rogl81ornd offl¢a and constftuuon ol *h• ¢harhy
he full name ol the char]ty Is Rushdgn Hl8torirAI Transport Soclety.
h618gal reg￿tralk￿ delalls are :.
ate of lom7ali)n
20 Oct(thr 1982
ie princi￿ Offlce Is
The Station, Station Arproach,
RusFxlen. Northwts, NNIO OAW
?affty R8g18tratbn Number
telWDn8 number Is
0300 3023150
and ktlvltlè• of tho Charlty
advance the educallon of ihe publlc in the hlstory of trans￿ and to proMd9 a museum lor th8 pubfic
Ibit￿Tr of vehkles and other artelacts of relevant hlstorlcal Intere￿.
ucturn, Govornanco ar•d Man•gèmont
r• ol the Govomlng Doeum•nt and eon&tNutlon of the eharfty
I Chaty 18 an unincoTporated Bssociatlon gov8med by a conslrtutK*n. Eliglbility lor mgmbershlp of the
rty, ar¥J membership of the board of trustees is gov9rned by the constitutron. There are no reslilction8 In
govornirg document on lh8 opfrrat]on ol the charity or on it8 Invostment powers, olher Ihan those
ed by general charity law.
rnborshlp of a wldor ithork
Charity ha8 no respOnsi￿.1￿Y for. nor 1$ tt answerable to, any othèr organlsatton.
mior rl8k* lo whl¢h Ihe chwltylg expogod and revkn and •y8tem8 to mlllgato rf•k*
harity is open to the usual financial risks of any organisalion. and the charity has Introduced controls to
nise these rfsks. In addition, the ac(y)unts are regularty explained to members of th8 Charrty and are
for memberfs Inspection at any Ilme.
ugtees hav8 resotved to 88lablish rgserves to provth for future aCtI￿tI9$, to provth funding for
)8XPeCted10sseg in tho fU￿re.

The policy t)n re58rve$ is thal the exi5trng a888ts ar8 retalned to produc8 income is whdly ulilised to
support existiro activiues. Thero is no intention in the kjry term to 8ith6r increase or decrease th8 capital
slgnrfKantly. This policy 1$ justrfl8d in that li n8¢essary to PT8seNe income at the yes8nt l&vels in ord8r to
malntsln the aclivltles ol the charlty.
Avaliablllty and adoquacy ol as•¢ts of each ot lund*
The tjoard of truste8s Is satisfled that the chartys assets In each fuThY arg available arKJ ad￿uate lo fultil its
obllgations In resp8Ct ot each lund.
Tran•aclloTh8 and Finandal pogftlon
The tlnan¢lal slalgments ar8 set oul on pages 9 to 16. As slated in the Intrijdudion to thls report, the
trustses consider the financial p8rformarKe by the charlty durtno the ygar io hav8 been Sat￿laCtory.
The Statement ol Flnancial Actfviti8S Show Iruimlng resources for the ￿ar ol a revenue nature of
£45,995 {2019: In¢omlng resources £20,380).
The total reS8TVOS atthe year erKI stand at £710,150 (2019: £664,155).
A maiorty ot the oxpendriura Is spent on management and adminlstrallon.
Tho mornb•rs ol the Boord of TNst*• ol Iho Chorfty durlng lh• ygar ondad 30 S¢ptomb¢r 2020
J E Sugars
C R Roblnson
D Floyd
R Lew*
D StLrtilg
J Holdom E￿$
Tho membws ol Iho Boird ot Trusw ol tho Ch•rlty al th• dolo tho l•POrt •nd ac¢ounts weY•
approvgd wwo:
J E Sugars
C R Roblnson
D F￿￿1
R Lewis
D StLrttle
J Hol(k)m Eyles
Banknrn
Lloyds TSB
In(kpndem Examln•r
Jonathan Essam
Chartered Accountant
23 Cothngham Way
Thrapston
Northants
NN14 4PL

Rushden Hlstorlcal Trnnsport Soclety
Independent Exomln•fs Report lo the trust￿3 ot tho charlty
Report ol Ihe Indq)endonl Examlnor to Ihe trugtees on Ihe
accounts oi iho Charlty lor the year ended 30 Septembor 2
I report on the financial 8latsm8nts ofth8 Gharity for the yBar erKled 30 Septembgr 2020 vthlch are
8et (MJI on pag8s 610 14.
Ro•p•ctlvo r0w>nslbllltlag ol truste•s and wamlnor
The trust￿ are Ye8ponsikle for the FKeparath)n of tFp &counts. The chariV8 trustegs
consldei Ihat an is nol required for this ￿ar under section 144{2) of th8 Charrtieg Act 2011
(the 2011 ktl and that an1rn18penderrt 8xamlnation k8 n8edgd.
11 Is my responslt41ity to:
axamine the accx)unls under S￿￿on 145 ot the 2011 Acl;
lollow the proc8dur8s laid down in the gengrl D1￿ctIonS g￿en bythe Charity Commlssion
urKler sectlon 145{5llbl of the 2011 Act. and
State partbJlar matters have Lx>ffle to my attention.
Buls ol Ind•p•nd¢nt •x•nlnorf8 report
My examination was carried out In accordance wilh th8 gener￿ Directions gNen by the Charity
Commission. An examirHIM)n incl￿$ a ol the aKountlng iecords kept by the Charity aryj a
comparison of the accounts pT8s8nt￿ wth those r￿OrdS. It al80 ir￿udeS consldeTat4on of any
unusud items or disclo8uTes in Ihe accourrt8, and seeknng explanation$ from you as Iruslees
concemlng any such matt8rs. The prttedures undèrtaken do not pro￿de all the evKl8nce Ihal
would be Tequlred in an audil and consequènty no opinion Is gfven as lo whether the accounts
present a Iwe arxl falr vw atxl the report Es Ilrnited to those matters s81 OLrt In the statement
Indyndort oxomlnet• •la**iiollt
In conneclion my examlnatllm, no matter has com8 to my attent50n:
tch gI￿S me reasonable causo to believ8 Ihal. In any matarlal r8speci, Ihe requirements:
to ke8p a(wuntlng rewrds In accordance wlth 8eclion 130 of the 2011 Act: and
to prepare a￿￿nts which accord accounting records arKI ¢¢implywlih the accounting
requirements ot the 2011 Act
hav8 nol been m8t: or

to ththich, In my opinlon, att8nilon sh(￿Id be drawn In order to enabb a proper und8rstardiryJ
of the accounts to be reachad.
Jonathan Essam
Chartered A¢￿￿ntant
The Examlngrs r818vant professional qualilkallon or bth; ICAEW
28 CotiirwJham Way
Thrapston
Northants
NN144PL
The dat8 upon wthich my opinw ts ewessed Is :.
19Juty2021