##
##
##
|The trustees|The trustees|are pleased
to present
their report and|are pleased
to present
their report and|finanmal
statements
of the chanty
for the year ended|finanmal
statements
of the chanty
for the year ended|finanmal
statements
of the chanty
for the year ended|finanmal
statements
of the chanty
for the year ended|31 starch 2023.|31 starch 2023.|31 starch 2023.|
|---|---|---|---|---|---|---|---|---|---|---|
|Objectives||and|activities||||||||
|The Trust's||objects and pnnmpal
activities are to promote
the preservation
ofsteam traction||||and portable||engines||and to|
|provide|training||opportunities
The main obicctives|dunng
the year continued
to be:|||||||
||||to educate owners
and operators
in||the maintenance
and operation
of steam traction||engmes||and|other|
||||steam road vehicles.||||||||
||||to promote
and protect the interests||of owners
and users of such vehicles||||||
||||to encourage
the safe presentation|and operation
of steam traction
engms||rallies.|||||
||||to co-operate
with other organisations||in the promotion
of such events
in accordance||with a Code|||of Practice|
||||drawn
up by the Trust||||||||
||||to train owners and operators
m the||safe management
of traction engines||||||
||||to operate a Steam Apprentice
Club||to promote the movement
for those under 21 years ofage||||||
##
##
##
##
##
##
|Directors and|Trustees|-General|Council|||
|---|---|---|---|---|---|
|A Sample||||President||
|David Smith||||Vice President||
|D Blenkinsop||||Vice President||
|R Clifford-Wing||||Chair||
|R Siddali||||Vice Chair||
|T Attwood||Appointed|19/11/22|||
|J Black||||||
|C N Bosworth||||||
|C Cnbbes||||||
|J Duriing||||||
|J Huntley||||||
|L Maunder||||||
|A Rimell||||||
|D Searle||||||
|A Sadden||||||
|R Sample||Resigned|7/3/23|Membership|secretary|
|A Reynolds||Appointed|19/11/22|Treasurer||
|K Smith||||Sales officer||
|M Waite||||||
|M Wharton||Resigned|19/11/22|||
|A Whittingstall||Appointed|19/11/22|Secretary||
|Appointees||||||
|N Cornish||Resigned|10/5/23|Secretary||
##
##
##
##
##
##
##
|||||||General|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Fund|Fund|Funds|||
||||||||||2023|2022|
||||||Notes|||||6|
|Income|||||||||||
|Income from:|||||||||||
|Donations
and|legacies||||2|28,491|||28,491|319|
|Investment
income||||||492|||492|152|
|Chantable
actiwties|||||3|109,810|||109,810|65,210|
|Total income||||||138,793|||138,793|65,681|
|Expenditure|||||||||||
|Charitable
activities|||||4|90,972|3,150||94,122|56,112|
|Total expenditure||||||90,972|3,150||94 122|56 112|
|Net income/(expenditure)||||||47,821|(3,150)||44,671|9.569|
|Transfers
between||funds||||(38,500)|38,500||||
|Other recognised||gains/(losses)|||||||||
|Gains/(losses)|on revaluation|||of fixed assets||||||11,375|
|Nel movement|in funds|||||9,321|35,350||44,671|20,944|
|Reconciliation|of funds||||||||||
|Fund balances|brought||forward|||72,161|82,188|36,575|190,924|169,980|
|Fund balances|carried||forward|||81,482|117,538|36,575|235,595|190,924|
##
##
##
##
##
##
##
##
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
||||||||6|
||General Fund|||||||
||Donations|||||28,491|319|
|||||||28,491|319|
|3|Income from||charitable|activities||||
|||||||2023|2022|
||||||||f|
||General Fund|||||||
||Subscnptions|||||52,496|46,230|
||Sales|||||21,435|5,094|
||Rally Authonsabon|||||6 500|1,200|
||Affiliation
Fees||||||118|
||SAC|||||4.747|2,634|
||Driver Traming||Cour e|||6,726||
||Conferences||||||350|
||Advertising|||||1,114|1,485|
||Sundry|||||140|811|
||Gift aid|||||7670||
||Commission-||receives|||8982|7 288|
|||||||109,810|65 210|
|4|Expenditure|for charitable|||activities|||
|||||||2023|2022|
|||||||6|6|
||General Fund|||||||
||Purchases|||||9,747|2 855|
||Pnnhng
and|publishmg||||13.865|10,930|
||Postage|||||4,596|6,103|
||Other direct costs|||||3563|3498|
||Exhibit'an
~mt||and Great|Dorset Steam Fair costs||12979|600|
||Dnver
trsinmg||course|||o 144||
||Courses and|coni'erences||||294|38|
||SAC|||||5.858|3.563|
||Donations|||||530|50n|
||Fuel tnals|||||229||
||Governance|cos!s||||5,520|i0.918|
||Suppar, costs|||||24,647|16,607|
||||||||55,612|
##
##
|Designated|Funds|
|---|---|
|Grants||
|Fuel & Environmental||
|SAC||
|Webstte||
|Depreciation||
|2023|2022|
|---|---|
|E|E|
|650|500|
|2,500||
|3,150|500|
|94 122|56 112|
|||General||
|---|---|---|---|
|||Support|Governance|
|Officers' offico costs||7,750||
|Stationery,
postage|&advertising|10,146||
|Subscnptions||944||
|Insurance||3,561||
|Depreaation||254||
|Cost ofmeetings||253|2 194|
|Sundry expenses||1,739|61|
|Independent
examiner|||1,760|
|Bank charges|||1,505|
|||24,647|5,520|
|6|Net income/(expenditure)|Net income/(expenditure)||for the year|||||
|---|---|---|---|---|---|---|---|---|
||The surplus/(defiatl|is stated after charging:|||||||
||||||||2023|2022|
||||||||E|E|
||Depreaation
and|amounts||wnlten
off tangible||fixed assets|254|128|
||Independent
examiner's||foes||||1 760|980|
||Irustees'
emoluments||||||||
|7|Staff Costs||||||||
||The Trust incurred|no staff||costs dunng|the year||||
||||2023|2022|2023|2022|
|---|---|---|---|---|---|---|
||||No|No.|f|E|
|Tra i el|||11|5|I 931|751|
|Postaq-|stauonery|& lelepnone|6|8|1,562|3 138|
|Other|||11|7|16 3o4|2 605|
||||||19,887|6,494|
##
##
|||||||||||||Exhibition|Exhibition|Fixtures|Fixtures|and||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Trophies|||Unit||Fittings|||Equipment||Total|||
||||||||||E|||E||E||||E||||
||Cost|||||||||||||||||||||
||At1 Apnl||2022||||||36,575|||29,392|||4,095|||10,958|81||020|
||Additions|||||||||||||||926|||||926|
||At 31 March||||2023||||36,575|||29,392|||5,021|||10,958|81,946|||
||Depreciation|||||||||||||||||||||
||At 1 Apnl||2022|||||||||29 392|||3,945|||10,958|44,295|||
||Charge for|||the year||||||||||||254|||||254|
||At 31 March||||2023|||||||29,392|||4,199|||10,958|44,549|||
||Net book||value|||||||||||||||||||
||At 31 March||||2023||||36,575|||||||822|||37,397|||
||At 31 March||||2022||||36,575|||||||150|||36,725|||
||Cost or valuation|||||at 31 March 2023 is represented||||by||||||||||||
|||||||||||||Exhibition||Fixtures||and||||||
||||||||||Trophies|||Unit||Fittings|||Equipment||Total|||
||||||||||E|||||E||||||||
||Valuation||m 2022||||||11.375||||||||||11,375|||
||Cost||||||||25,200|||29,392||5,021||||10,958|70,571|||
||||||||||36,575|||29,392||5,021||||10,958|81,946|||
||IfTrophies|||had not been|||revalued|they would have||been included|||at the|following|historical||cost:|||||
||||||||||2023|||2022||||||||||
||||||||||E|||E||||||||||
||Cost||||||||25,200|||25,200||||||||||
||Aggregate|||depreciation||||||||||||||||||
||Trophies|were revalued
on 21 December|||||||2021 by A.M. Jones ofAndrew|||||Michaels|Jeweilers||Ltd,|Newark.||||
|11|Investments|||||||||||||||||||||
||||||||||||||||||||Shares|in||
||||||||||||||||||||group|||
||||||||||||||||||||undertaking|||
||Cost||||||||||||||||||E|||
||At I Apnl|2022 and at 31|||||March 2023||||||||||||||2|
||Net Book||Value|||||||||||||||||||
||At I April|2022 and at 31|||||Mercii 2023|||||||||||||||
|12|Stock|||||||||||||||||2023|2022|||
|||||||||||||||||||E|||E|
||Stc k|||||||||||||||||||||
|13|Debtors|||||||||||||||||2023|2022|||
|||||||||||||||||||E|||E|
||Debtors|||||||||||||||||||275||
||Prcpayments||||and|acrrucd
mcomo||||||||||||4 833|4|241||
|||||||||||||||||||4,833|4,516|||
||A'I amounts|||nci iderl aoovc are considered|||||iecoivabie||wi'.hin nnc ycai of|||the ba'ance||shee'|de!e|||||
##
##
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|14|Creditors|: amounts|||falling due within|one year||2023|2022|
|||||||||6|8|
||Creditors|||||||1,399|2,197|
||Bank overdraft|||||||10|10|
||Payments|recwved||in|advance|||11,998|11,202|
||Accruals|and deferred|||income|||3,183|8,130|
|||||||||16,590|21,539|
|15|Unrestricted
funds|||of the charity||||||
||||||||General
Fund|Designated
Funds|Total|
|||||||||f|f|
||Atl
Apnl|2022|||||72,161|82,188|154,349|
||Movement|in funds||for the year|||47,821|(3,150)|44,671|
||Transfers|between|funds|||||38,500||
||As at 31 March 2023||||||81,482|117,538|199,020|
|16|Restricted|Restricted|funds|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||At|1|April|Revaluation|Incoming
Resources|Outgoing
Resources|As at 31
March 2023|
||Trophies|Revaluation||Reserve|||36 575||||36575|
||||||||36,575||||36.575|
##
|||General
Fund|Designated
Funds|Restricted
Funds|Total|
|---|---|---|---|---|---|
|Tangible
fixed assets
Investments||822
2||36,575|37,397
2|
|Cash at bank and|in hand|77,140|117,538||194,678|
|Other net current|assets|3,518|||3518|
|||81,482|117,538|36575|235,595|
##
|||||||2023||2022||
|---|---|---|---|---|---|---|---|---|---|
|||||||6||||
|Income||||||||||
||Subscriptions|||||52,497|||46,230|
||Sales|||||21,435|||5,094|
||Rally Authorisation|||||6,500|||1,200|
||Affiliation
Fees||||||||118|
||SAC|||||4,747|||2,634|
||Dnver Training
Course|||||6,726||||
||Webinar services||||||||350|
||Advertising
Income|||||1,114|||1,485|
||Sundry|||||140|||811|
|||||||93,159|||57,922|
|Cost ofSales||||||||||
||Purchases|||||8,269|2,284|||
||Stock Movement|||||1,478|571|||
||Postage and Packing|||||968|581|||
||Rent|||||1,080|1,005|||
||Great Dorset Steam|Fair|costs|||9,052||||
||Paypal fees|||||103|661|||
||Credit Card Charges|||||1,280|952|||
||Credit Card Machine|||||132|299|||
||Exhibition
Unit|||||3,927|600|||
|||||||26,289|6,953|||
||Steaming
- Printing|||||9,865|6,930|||
||- Distribution|||||4,596|6.103|||
||—Editors Costs|||||4,000|4,000|||
||Conferences/webinars|||||294|38|||
||Driver Training
Course|||||9,794||||
|||||||54,838|||24,024|
|Gross|Profit|||||38,321|||33,898|
|Operating
Costs||||||39,285|||32,089|
|||||||(964)|||1,809|
|Other Income||||||||||
||Donations
and Legacies|||||28,491|319|||
||Donations
- Commissions|||||8,982|7,288|||
|Gift aid income||||||7,670||||
||Interest Received|||||492|153|||
|||||||45,635|||7,760|
|Surplus|of income over expenditure|||||44,671|||9,569|
|Costs allocated
to Education||and|Scholarship||Fund|650|||500|
|Costs allocated to Fuel 8 Enviromental||||Fund||2,500||||
|Transfer to M J Beeby Legacy||||||(25,000)||||
|Transfer to Education
and Scholarship||||Fund||(1,000)||||
|Transfer to Website Development|||Fund||||||(1,000)|
|Transfer to Fuel 8 Environmental|||Fund|||(5,000)|||(2.500)|
|Transfer to SAC Development||Fund||||(2,500)||||
|Transfer to 70th Anniversary||fund||||(5,000)||||
|Surplus/(Deficit)
for the year||||||9,321|||6,569|
##
|Schedule o
for the year|f
|Operating
Costs
ended 31 March 2023|||||
|---|---|---|---|---|---|---|
||||2023||2022||
||||||f|f|
|Operating
Costs|||||||
|Office Costs|||||||
|General Secretary|||2,250||2,000||
|Membership||Secretary|2,250||2,000||
|Treasurer|||||1,000||
|Book Keeper|||1,000||1,000||
|Sales Officer|||2,250||2,000||
|||||7,750||8,000|
|Administration|||||||
|Stationery|and Printing||1,094||1,626||
|Postage|||1,948||3,182||
|Rally lists|||1,941||||
|Advertising||8 Promotional|139||170||
|Website|||5,025||2,907||
|Subscriptions|||944||1,051||
|Insurance|||3,561||3,357||
|Committee||Meetings|487||323||
|SAC|||5,858||3,563||
|AGM|||1,960||1,700||
|Fuel tnals|||2,729||||
|Sundry|||464||1,824||
|Internet
and||webinar expenses|1,336||907||
|Donations|||530||500||
|Grants|||||500||
|Depreciation|||254||128||
|||||28,270||21,738|
|Financial|||||||
|Independent||Examiner|1,760||980||
|Bank Charges|||1,505||1,371||
|||||3,265||2,351|
|Total Operating||Costs||39,285||32,089|