# ## |Contents of|the|Re ort||| |---|---|---|---|---| |Directors' Report|||Pages|3-7| |Statement of Financial|Activities||Page|8| |Balance Sheet|||Page|9| |Notes to the Financial|Statements||Pages|10-18| |Report ofthe Independent||Examiner|Page|19| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |STATEMEN|T|OF FINANCIAL A|CTIVITIES|for the|year end|ed 30|SEPTEMBER2|020|020| |---|---|---|---|---|---|---|---|---|---| ||||Unrestricted|funds|Restricted|funds|Total funds|30/09/2019|| ||||||8||6|8|| |Income (Note 3)|||||||||| |Income and endowments|from||||||||| |Giants recanted||||10,000|||10000||| |Donations
and recedes||||2,878||12,349|15227|11,091|| |Charitable
activities||||37,950|||37950|29,977|| |Othsr activities||||928|||928|1,021|| |Investments|||||||||15| |Total|||||||||| |Expenditure
(Note 4)|||||||||| |Expenditure
on|||||||||| |Charitabla
acaviaies||||30 190||20 113|50303|41|418| |Fvndratsine||||109|||109||| |Governance||||1 164|||1 164|2|909| |Other||||598|||598||699| |Total|||||||||| |Net incomel(expenditure)||before investment|||||||| |gains/(losses)||||19,709||7,764|11,945 -|2922|| |Unreaslised
Valuation|of||||||||| |Heritage Assets (Note|10)|||||||44|000| |Net gain in Trolleybooks|||||||||| |(Note 15)||||||3,596|3,596|3,774|| |Net Income/(expenditure)||||19,709||4,168|15541|44'852|| |Transfers between funds||||6,457||6,457|||| |Net movement in funds||||13,252||2289|15,541|44|852| |Reconciliation offunds (Note fd)|||||||||| |Total funds brought forward||||54,769|188,219||242 988|198|136| |Total funds cerned forwanf||||68021|||258,529|2|8| ## ## ||||||Unrestricted|Restricted||| |---|---|---|---|---|---|---|---|---| ||||||funds|funds|Totalthls year|80-Sep-19| |Fixed assets||||||||| |Tangible assets||||2||148,982|148,982|150,526| |Intangible assets||||2||||| |Heditage assets||||10||||44,000| |||Total|fixed assets|||||4,
6| |Current assets||||||||| |Investment||||14||6,354|6,354|4,758| |Stocks||||11|5,800||5,800|4,439| |Debtors||||12|5,897|1,890|7,787|7,908| |Cash at bank|||||24,216|33,522|57,738|45,410| ||Total cement assets||||35,91||7,|| |Creditors: amounts||falling|due within|||||| |one year||||13|7,881||8,121|10,971| |||Net cunent assets||||||| |Total assets less current liabilities||||||||,0| |Creditors: amounts||falling|due after|||||| |one year||||13|4,011||4,011|3081| |Total net assets|||||68,021|190,508|258,529|242,988| |Funds ofthe Charity||||||||| |Restricted
Income|funds|||14||190,508|190,508|188,219| |Unrestricted
funds|||Total funds|14|68,021||68,021
5,529|54,769
242,988| ## ## ## ## ## ## ## ## ## |Note 2
Accounting|Note 2
Accounting|policies| |---|---|---| |2.1 INCOME||| |Recognltlon ofincome||These are included
in the Statement
of Financial Activities (SoFA) when the Charity| |||becomes entitled to the resources.| |Ofl'setting||There has been no offsetting ofassets and liabilities,
or income and expenses.| |Grants and donations||Grants and donations are only included
in the Sofa when the general income recognition
criteria are met.| |||Legacies are included
in the SoFA when receipt is probable,
that is, when there has| |Legacies||been grant ofprobate, the executors have established
that there are sufficient assets in
the estate and any conditions
attached to the legacy are either within the control ofthe| |||charity or have been met.| |Government|grants|The charity received a government
grant of610,000 in the reporting
year under the
COVID-19programme
ofbusiness
support. The grant was paid by East Suffolk Council| |||GiR Aid receivable is included
in income when there is a valid declaration
from the donor.| |Tax reclaims on
donations
and gifts||Any GiR Aid amount recovered on a donation
is considered to be part of that giR and is
treated as an addition to the same fund as the initial donation
unless the donor orthe
terms ofthe appeal have specified otherwise. Where a GIR Aid donation
is subsequently| |||found not to be valid, the donation
is added back.| |Contractual
income and||This is only included
in the SoFA once the charity hss provided the related goods or| |performance|related|services or met the performance
related conditions.| |grants||| |Donated goods||Donated goods are measured
at fair value (the amount for which the asset could be
exchanged)
unless impractical to do so.| |Donated services and||Donated services and facilities are included
in the SoFAwhen received at the value of| |facilities||the gift to the charity provided
the value ofthe gift can be measured
reliably.| |||Donated services and facilities that are consumed
immediately
are recognised as income| |||with an equivalent
amount recognised as an expense under the appropriate
heading
in| |||the SoFA.| |Volunteer
help||The value of any voluntary
help received is not included
in the accounts but is described
in the Trustees'
annual
report.| |Income from|deposits and|This is included
in the accounts when receipt is probable
and the amount receivable can| |investments||be measured
reliably.| |||Membership
subscriptions
which give a member the right to buy services or other| |Income from|membership|benefits are recognised as income earned from the provision ofgoods and services as| |subscrlptions||income from charitable
activities. Subscriptions
received covering the period after the
year end are treated as payments
in advance and shown
in the accounts as creditors.| ## |2.2
EXPENDITURE AND LIABILITIES|2.2
EXPENDITURE AND LIABILITIES|||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Llabglty|Liabilities sre recognised
where it is mom likely than|||not that there is||a legal or construcfive|||obligsfion|||||||||| |mcognifion|commitfing
the charity to pay out resources|and the||amount ofthai||obligation|can be measured|||wfih reasonable||||certainty.||||| |Governance|Those costs retafing to Its leiial resoonsibfiees
and||the camrirm out||oftheir dufies|||bv the Directors snd other||||Oecers.||||||| |costs||||||||||||||||||| |Creditom|The charity has creditom which are measured|at seNementamounts||||lese any trade discounts.||||||||||||| |Tsx|The Charity is not mgistered
for VAT.|||||||||||||||||| ||The Charily claims the ensfi trading tax exempfion||in order to be exempt from paying
orporafion Tax on||||||||its|nonohsrltsble|||adlvlUes|||| |2.3 ASSETS||||||||||||||||||| |Tangible fixed|These are capitalised
ifthey can be used for|more then one year, and costat least 81,000.||||||||||||||||| |assets for use|They are valued at cock|||||||||||||||||| |by charfiy|The amorlisafion
rates and methods
used are dlsdosed
In note S.|||||||||||||||||| |Intangible
fixed exacts|The charity has intangible
lixed assets, that is, non-monetary
assets that do nol have physical substance
but are identifiable
controlled
by the charity through
cuskxly or legal rights. The amorlisation
rates and methods
used ere disdosed
In note 9.|||||||||||||||||| |Hergsge|The charity has heritage assets, that is, non-monetary|||assets with historic, wfisfic, scientific,|||||technological,|||||||||| |Assets|geophysical
or environmental
qualities that are held|||snd maintained||principally|for their contrlbufion
to knowledge|||||||and||||| ||culture.|||||||||||||||||| ||The fair value
In the accounts isdescribed|in note|10.|||||||||||||||| ||Stocks held forsale as part ofnon-charitable
trade are measured st the lower ofcost or nel rsalisable
value.
Goods orservices provided as part ofacharitable
acfivgy are measural
at net realisable value based on ths|||||||||||service potential||||provided|by|items of.'| ||Stocks ofnew books acquired for sale are ordered||in|quantlUes
judged likely to|||be sold in the market served|||||by NTA. Some|||books sell||better than|| ||others but there are very fsw mmmples
ofbooks that|||have sold vee||slowly.||||||||||||| ||The stocks ofTrofieybus Magazine are mainly accumulated
because|||||ofthe need||to print enough for distrlbufion|||||to members|||while allowing||for some| ||surplus for sale and publidty purposes and for sny||damaged
in the||post.|||||||||||||| |Debtors|Debtors (induding
trade dsbtom and loans receivable) are measured
on iniTial recogniTion at seNement
amount after any
discounts or amount advanced
by the charity.
Subsequently,
they are measumd
atthe cash or other consideration
expected|||||||||||||||to be||| ||renewed.|||||||||||||||||| |Note 3|Income|||||||||||||||||| ||||||nsstllctsd|||||||||||||| ||Analysis ofIncome|||unrssiricted
funds||tnrxrme
funds|Total funds||Prior year|||||||||| |||||||||8||8||||||||| |Grants|Government
Covid 19Su
ort|||10,000||||10000||||||||||| |||||10,000||||10,000||||||||||| |Donations|and
ifls|||1 111||9,901||11012||7,923||||||||| ||Inrxrme Tax rect
im
Ai|||1,767||2448||4,2 5||3168||||||||| |||Total||||12||5,227||1109||||||||| ||induces efii sld reccvertss fmm membership
fees|||||||||||||||||| |Charitable|Members'
Subscrl
tlons|||1370||||137||12761||||||||| |activities:|Sales of Merchandise|||23 80||||23805||16,384||||||||| ||Meetln
Cofiedlons|||43||||||832||||||||| |||Total||7||||379||29977||||||||| |Other eading||||||||||||||||||| |sctlvnlss:|Use ofRF Mack cofiedlon|||||||||154||||||||| ||Feefor
rivatetroge
ususeofBlou
h
Sandtolt 0
ratln
Costs|||780
148||||780||720
147||||||||| |||Total||||||||1.021||||||||| |Income fmm|I
in
m|||||||14||15||||||||| |Investments:||Total||||||4||15||||||||| |TOTAL||||51,770||12,349||64,119||42,104||||||||| |INCOME||||||||||||||||||| ## ## ## |Note 8 Re|munerat|ion
and Expenses|||||||| |---|---|---|---|---|---|---|---|---|---| |||||This year|||Last year||| |Number ofemployees||during this year orthe last year||Nil|||Nil||| |Remuneration|paid to Directors|||Ng|||Nil||| |Benefits provided to Directors||||Nil|||Nil||| |Note 7Directors'||and other Officers Expenses|||||||| |Type ofexpenses mimbursed||||This|ear||Last|ear|| |||||||||1|677| |Accommodason
&rich forsales event|||||||||60| |Subsistence|||||||||| |Posts eand|Stati
ne|||||47|||67| |Store eof6|res||||||||| ||||||||||12| ||||TOTAL||||||| |The number|ofDirectors and other Ofricem who warn paid expenses||||||||| ## ## ## ## ## ## ## ## ## ## ## ## |1*1Details ofmat|1*1Details ofmat|1*1Details ofmat|erial funds held and movem|erial funds held and movem|enin
durin|enin
durin|g the CURR|ENT r|epo|rti|ng|periiod|||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |*Kerf R-wsulcted|||funds ofIhe chafsy; and U-||Irnnwufcfsd||funds||||||||||||| ||||||||||||||un||||||u| ||||||||||||||belahce4||||||balances| |FUnd haules||||Roru|||Purpose and|Restrictions|||||brought||||||cnlrisd| ||||||||||||||fowvard|Ihcolhe||Expenditure||Trensfew|forwanl| ||||||||||||||5|2|||2|8|2| |Wolverhsm|n Tlofi|||s654|||R8stolntlcn|ehd Stole||8|||18040|2413||-|400||17079| |Hastin
s Troll||us 45|||||Restoration|and Store||8|||15941||||||16041| |Belfast Troll|us 168||||||Rsstorakon|end S||e|||93|9100||-|10703|10000|| |Huddersfield|Troll||us|541|||Restoration|end Store||8|||||750|—|840||704| |Troll
oks|||||Joint|Venture to Publish||Trofi|bus||ublications||4758|3|508|||2000|| |Buimclg Furld||||||Purchase ofStorage Faulaes|||||||150,527|||||1,543|140,984| |Total Resbieted||Funds|||||||||||188219|16045||-|20113|S4ST|1SOSOS| |Uhn!SIActed||||||Unwaliced
Rsvaluaaon|||Reserve||||44000||||||| |Unrestricted|||||||Free Reswves||||||10780|51|770|-|32001 -|6457|| ||||||||Total Funds ss pw|||balance sheet||||07,715||-|62,174||| |Thew is no Erdohmcnt|||Fund in lac hvrenl crprior year.||||||||||||||||| |14.2 Dotage|ot|material funds held and movements||||during the PREVIOUS reporting||||||period|||||||| ||||||||||||||bslencm||||||balances| |Fund names|||||||Purpose and|Rsstriebons|||||bnwght||||||carried| ||||||||||||||fonna nl|Ihcorae||Expenditure||Transfws|fowhlfd| ||||||||||||||2|5|||2|2|2| |Wolverham|Troll|||us 654|||Restoration|snd S|||||16,230|1|208||||18046| |Hssfin sTroll||s45|||||Restoration|end Sto|||||15041||||||| |Belfast Trofi|s 100||||||Reslonaion|and||||||3|840||13,255|0500|| |Huddersfield|Troll||us|541|||Restoration|and Sto|||||||750||840||| |Troll
s|||||Joint|Venture lo Publish||Troll|Us||bficeBons||0962|3,774||||8978|| |Ul
ng
Uh
Total Restricted||Funds|||||Ufc has o||||||194 158|0|see||75|102|88210| |Unrsstricted||||||Unreali
Revaluation|||Reserve|||||44|000||||| |Unrssiricisd|||||||Ffss R8csfvss||||||3,980|38|219||30,452|1,022|10700| ||||||||Total Funds as||per|balance sheet|||||||45,||| ## ## ## ## ||||||||||| |---|---|---|---|---|---|---|---|---|---| |~yhe I )88(gggggnts||s|how||||Year|Ended|| |||||||31December|2020|31 December|2019| ||||ra|||5|||| |Sales of books end publications|||||||19,094||8,096| |less cost ofsales|||||||8004||3805| ||||||||tt,ggo||4,291| |add stack adjustmsnt||to estimated|||net value||-1398||633| |less|||||||9,692||4,924| |stock adiustment|to estimated|||net|value||||| |Overheads|||||||2 500||1 332| |Net Profit|||||||7 192||3592| |Stock (Nate 1)|||||||2,990||4,823| |Debtors|||||||2,670||1,254| |Bank Balances|||||||5580||3839| ||||||||11,140||9,916| |less Creditors|||||||432||| ||||||||10,706||9516| |Represented
by|||||||||| |Available far Distribution|||||||||| |Balance st 1st January 2020|||||||9,466||19,874| |Nst Profit for the Year|||||||7192||3592| ||||||||16,SSS||| |Distributed
to|||||||||| |British Trollsybos Society|||||||3,000||7,000| |NTA (1963)Limited|||||||3000||7000| |Balance sl 31stDecember|||2020||||10,658||9,466| |Initial Funding|||||||60||50| |Net Asmts|||||||10708||9 516| |NTA (1963)Limited|||||||||| |Reserve Btstsment|||||||||| |5014ofSalaries st 1stJslwwy 2020|||||||4,733||9,937| |Dlsslbutions
received|||||||2A00||8,978| |Share ofProfa transfer to|||SOFA||||3696||3774| |undistributed
Reserves|||||||6,329||4,733| |Fixed Investment|||||||26||25| |Nstlnvsstmsnt|||||||6354||4758| ## ## |Tothe Nwmhard
Df NTA (1983)Ltd|| |---|---| |Irepwt on the accounts ofthe Company for the year ended 30September 2020.|| |Respective responslbgitles
offdrectors and Examiner|| |The ch8rity's directors are responsible
for the preparation
ofthe acmunis.
The charity's
directors consider that an audit ISnot required forthis year under section 144
ofthe charitles Act 2011(the charities Act) and that an Independent
examination
Is needed.|| |it Is my responsibility
to:|| |examine the accounts under section 145ofthe Charities Act;
to follow the procedures
laid down
In the general directions
given by the Charity Commission
under sectkm 145(5)(b)ofthe Charities Act; and|| |tostate whether
any particular
matters have come to my attention.|| |BasisofIndependent
examiner's
statement|| |An
My examination
was carwed out In accordance
with the general dlmcuons
given by the Charity co
Issl
mm
examination
Indudes a review ofthe accounting
records kept by the charity and a comparison
ofthe
accounls presented
with those nxords. )talso Indudes
consideration
ofany unusual
Items or disdosuras
In the accounts, and seeking explanations
Irom the director's concerning
any such mattem.
The procedures
undertaken
do not provide ag the evidence that would be required
In an audit, and
consequently
no opinion
is given as to whether the accounts present a 'true and fair view' and the report
Is gmlted to those matters set out In the statement
below.|on.| |Independent
examiner's
statement|| |in connection
with my examination,
no material
matters have come to my attention:
which gives me cause to
believe that In any material respect:|| |accounling
records were nol kept in accordance
with secdon 130ofthe Charities Act or
the accounts do nol accord with the accoungng
reconls or
lhe accounts did nol comply wilh the sppgcable
requimmenis
concerning
the form and content ofaccounh
set oui in dw chsrllies (Accoums snd Reporis) Regulations 2008ogmr than any requimment
ihat dm
accounts give a "true and far"view which is not a magsr considemd as pwt ofan independent
examination.||