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|||Page|
|---|---|---|
|Reference and administrative|details ofthe Charity, its Trustees and advisers||
|Trustees'<br>report||2-6|
|Independent<br>examiner's<br>report||7-8|
|Statement offinancial activities|||
|Balance sheet||10|
|Notes to the financial statements||11-24|





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|||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2023|2023|2023|2022|
||||Note||F|||
|Income from;||||||||
|Charitable<br>activities|||||39,285|39,286|12,566|
|Investments|||||30,699|30,699|19,448|
|Total income|||||69,984|69,984|32,014|
|Expenditure<br>on:||||||||
|Raising<br>funds|||||13,888|13,888|7,538|
|Charitable<br>activities|||||125,781|125,781|35,265|
|Total expenditure|||||139„669|139,669|42,803|
|Net expenditure<br>before net||losses on||||||
|investments|||||(69,685)|(69,685)|(10,789)|
|Net losses on investments|||||(19,469)|(19,469)|(498)|
|Net movement<br>in|funds before other|||||||
|recognised<br>gains/(losses)|||||(89,154)|(89,154)|(11,287)|
|Other recognised|gains/(losses):|||||||
|(Losses)/gains<br>on|revaluation|of fixed||||||
|assets|||||(63,027)|(63,027)|30,731|
|Net movement<br>in|funds||||(152,181)|(152,181)|19,444|
|Reconciliation<br>of|funds:|||||||
|Tota! funds brought|forward|||480|1,246,161|1,246,631|1,227,187|
|Net movement<br>in funds|||||(152,181)|(152,181)|1'9,444|
|Total funds carried forward||||480|1,093,970|1,094,460|1,246,631|





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|||||||||2022|
|---|---|---|---|---|---|---|---|---|
|||||Note|||||
|Fixed assets|||||||||
|Tangible assets||||11||12,600|||
|Investments||||12||965,186||/,036,923|
|||||||977,686||1,036,923|
|Current assets|||||||||
|Investments|||||16,343||4,983||
|Cash at bank and|in|hand|||116,667||206,705||
||||||131,900||211,688||
|Creditors: amounts||falling|due within one||||||
|year|||||(15,136)||(1,980)||
|Net current assets||||||116,764||209,708|
|Total assets less|current||liabilities|||1,094,450||1,246,631|
|Total net assets||||||1,094,460||1,246,631|
|Charity funds|||||||||
|Restricted<br>funds||||15||480||480|
|Unrestricted<br>funds||||15||1,093,970||'/, 246,151|
|Total funds||||||1,094,450||1,246,631|





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||||Unrestricted|Total|
|---|---|---|---|---|
||||funds|funds|
||||2023|2023f|
|Publishing,|reproduction|and research fees|14,285|14,285|
|Donations|received||25,000|25,000|
|Total 2023|||39,285|39,285|
||||Unrestricted|Total|
||||funds|funds|
||||2022|2022|
|Publishing,|reproduction|and research fees|72,566|12,566|





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|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2023|2023|
|Income from||local|listed investments|29,654|29,654|
|Investment|income||—local cash|1,045|1,045|
|||||30,699|30,699|
|||||Unrestricted|Total|
|||||funds|funds|
|||||2022|2022|
|Income from||local|listed investments|18,632|18,632|
|Investment|income||- local cash|816|816|
|||||19,448|19,448|



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||||Unrestricted|Total|
|---|---|---|---|---|
||||funds|funds|
||||2023|2023|
||||E||
|investment|management|fees|8,580|8,580|
||||Unrestricted|Total|
||||funds|funds|
||||2022|2022|
|Investment|management|fees|6,960|6,960|





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||||||||||Donation to|Total|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Institutions|funds|
||||||||||2023|2023|
|Donation|to|Great|Western|Society|(Delivering|the|Goods|Project)|111,171|111,171|
||||||||||Oonation<br>to|Total|
||||||||||Institutions|funds|
||||||||||2022|2022|
|Donation|to|Great|Western|Society|||||9,082|9,082|





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|Railway|Museum|
|---|---|
|Railway|Museum|



|Unrestricted||
|---|---|
|funds|Total|
|2023|2023|
|125,781|125,781|
|Unrestricted||
|funds|Total|
|2022|2022|
|35,265|35,265|



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|||Activities|Grant|||
|---|---|---|---|---|---|
|||undertaken|funding<br>of|Support|Total|
|||directly|activities|costs|funds|
|||2023|2023|2023|2023|
|||K||F||
|Railway|Museum|6,417|111,171|8,193|125,781|
|||Activities|Grant|||
|||undertaken|funding<br>oi|Support|Total|
|||directly|activities|costs|funds|
|||2022|2022|2022|2022|
|Railway|Museum|16,877|9,082|9,366|35,265|





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|||||||||||||Railway|Totai|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||Museum|funds|
|||||||||||||2023|2023|
||Museum|core collection||||items||||||6,417|6,417|
|||||||||||||Railway|Total|
|||||||||||||Museum|funds|
|||||||||||||2022|2022|
||Museum|assets||||||||||16,817|'/6, 817|
||Analysis|of||support|costs|||||||||
|||||||||||||Total|Total|
|||||||||||||funds|funds|
|||||||||||||2023|2022|
||Repairs|and||renewals||||||||5,317|5,449|
||Completion||of annexe||lighting|||system|||||528|
||Travel|||||||||||896|1,949|
||Governance|||costs||||||||1,980|1,440|
|||||||||||||8,193|9,366|
|9.|Independent|||examiner's||remuneration||||||||
|||||||||||||2023|2022|
|||||||||||||F||
||Fees payable|||to the Charity's||||independent||examiner|for the independent|||
||examination|||ofthe Charity's|||annual||accounts|||1,980|1,440|





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|2023|2022|
|---|---|
|15,136|1,980|





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|Statement offunds||||||||
|---|---|---|---|---|---|---|---|
|Statement offunds||- current|year|||||
||||Balance at 1||||Balance at|
||||February|||Gains/|31January|
||||2022|Income|Expenditure|(Losses)|2023|
|||||||E||
|Unrestricted<br>funds||||||||
|Designated<br>funds||||||||
|Peter Gray Fund|||1,187,655||(1117171)||1,076,484|
|General funds||||||||
|General<br>Funds|||58,496|69,984|(28,498)|(82,496)|17,486|
|Total Unrestricted|funds||1,246,151|69,984|(139,669)|(82,496)|1,093,970|
|Restricted funds||||||||
|Narrow Gauge Slate||Wagon||||||
|Fund|||480||||480|
|Total offunds|||1,246,631|69,984|(139,669)|(82,496)|1,094,450|





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|Statement offunds|(continued)||||||
|---|---|---|---|---|---|---|
|Statement offunds|- prior year||||||
|||Balance at||||Balance at|
|||1 February|||Gains'|31January|
|||2021|Income|Expenditure|(Iasses)|2022|
|Unrestricted<br>funds|||||||
|Designated<br>funds|||||||
|Peter Gray Fund||1,187,655||||1,187,655|
|General funds|||||||
|General<br>Funds||39,052|32,014|(42,803)|30,233|58,496|
|Total Unrestricted|funds|1,226,707|32,014|(42,803)|30,233|1,246,151|
|Restricted funds|||||||
|Narrow Gauge Slate Wagon|||||||
|Fund||480||||480|
|Total offunds||1,227,187|32,014|(42,803)|30,233|1,246,631|





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|Summary|offunds<br>-current ye|ar|||||
|---|---|---|---|---|---|---|
|||Balance at 1||||Balance at|
|||February|||Gainsl|31January|
|||2022|Income|Expenditure|(Losses)|2023|
||||E||||
|Designated|funds|1,187,655||(111,171)||1,076,484|
|General funds||58,496|69,984|(28,498)|(82,496)|17,486|
|Restricted|funds|480||||480|
|||1,246,631|69,984|(139,669)|(82,496)|1,094,450|
|Summary|offunds - prior year||||||
|||Balance at||||Balance at|
|||1February|||Gains)|31January|
|||2021|Income|Expenditure|(Losses)|2022f|
|Designated|funds|1,187,655||||1,187,655|
|General funds||39,052|32,014|(42,803)|30,233|58,496|
|Restricted|funds|480||||480|
|||1,227, /87|32,014|(42,803)|30,233|1,246,631|





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|Analysis|of net assets between funds -curre|nt year|||
|---|---|---|---|---|
|||Restricted|Unrestricted|Total|
|||funds|funds|funds|
|||2023|2023|2023|
||||K||
|Tangible|fixed assets||12,500|12,500|
|Fixed asset investments|||965,186|965,186|
|Current|assets|480|131,420|131,900|
|Creditors|due within one year||(15,136)|(15,136)|
|Total||480|1,093,970|1,094,450|



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|Analysis|of net assets between<br>funds - prior|year|||
|---|---|---|---|---|
|||Restricted|Unrestricted|Total|
|||funds|funds|funds|
|||2022|2022|2022|
|Fixed asset investments|||1,036,923|1,036,923|
|Current|assets|480|211,208|2'i1,688|
|Creditors|due within one year||(1,980)|(1,980)|
|||480|1,246,15/|1,246,631|



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