2021-02-28-accounts - Class Forty Preservation Society

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			Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
			2021	2021	2021	2020
		Notes	f	6	6	6
Income from:
Donations			44,254		44,254	61,257
Charitable activities			29,602		29p602	30,408
Total IncomIng resources			73,856		73,856	91,665
Expenditure on:
Raising funds			10,417		10p417	8,737
Charitable activities			42,117		42417	83,348
Other			7,037		7p037	10,672
Total resources expended			59,571		59,571	102,757
Net incoming	resources
made before transfers			14,285		14,285	(11,092)
Transfers between funds
Net movement	in funds		14,285		14,285	(11,092)
Fund balances	brought forward
at 28 February	2020		758,759	623	759,382	770,474
Fund balances	carrIed forward
at 28 February	2021		773,044	623	773,667	759,382

						Notes				2021	2020
										6	f
Fixed assets
Tangible assets						10				1,441	2,125
Heritage assets						11				684,600	684,800
Investments						12				164	164
										686,205	687,089
Current assets
Stocks at cost						13			62i676		18,638
Debtors and	Prepayments					14			50,199		58,564
Bank balances:
Deposit accounts									15,075		30
Current accounts									3,640		2,753
Petty Cash
									131,590		79,985
Creditors: Amounts		falling	due within one year			15			44,128		7,692
Net current	assets									87,462	72,293
										773p667	759,382
Represented	by:
Funds	—Unrestricted					16				290,861	276,576
	—Restricted					16/18				623	623
	- Revaluation		reserve			16				482,183	482,183
										773,667	759,382
The financial on behalf of	statements were the Management			approved Committee	by the by;	Management	Committee	on		and are signed

Donations		Unrestricted	Restricted	Restricted	Total	Total
		Funds	Funds		Funds	Funds
		2021	2021		2021	2020
		E		f	f	f
Donations		34,132			34,132	38,044
Subscriptions		10,122			10,122	8,213
Legacies						15,000
		44,254			44p254	61,257
In 2020, of the total income from donations,		E61,257 was to	unrestricted	funds	and fNII was to
restricted	funds.
Charitable	activities	Unrestricted	Restricted		Total	Total
		Funds	Funds		Funds	Funds
		2021	2021		2021	2020
		f		f	f	f
Product sales		11,015			11,015	8,085
Loco hire		18,488			18,488	18,343
Raffle income						3,980
Other		99			99
		29p602			29p602	30,408

Raising funds	Unrestricted	Restricted	Total	Total
	Funds	Funds	Funds	Funds
	2021	2021	2021	2020
	E		E	E
Cost ofgoods for resale	6,938		6,938	4,043
Raffle costs	20		20	758
Magazine printing	3p459		3,459	3,936
	10p417		10p417	8,737

Charitable activities		Unrestricted	Restricted	Total	Total
		Funds	Funds	Funds	Funds
		2021	2021	2021	2020
		E	E	E	E
Loco maintenance		17,487		17p487	71,441
Insurance		4,591		4,591	4,525
Postage, Telephone	&Stationery	3,760		3,760	1,196
Advertising		426		426
Bank charges and interest					285
Motor expenses		14,336		14,336	3,731
Travelling		392		392	850
Depreciation		1,125		1425	1,320
		42,117		42,117	83,348

Other			Unrestricted	Restricted	Total	Tota I
			Funds	Funds	Funds	Funds
			2021	2021	2021	2020
			E	E	E	E
Accountancy		and bookkeeping	6,617		6,617	10,528
Sundry expenses						74
Computer	expenses		420		420	70
			7,037		Tp037	10,672

7	Surplus for the year Th
	e surplus for the year Is	shown after	charging:		Total	Total
					2021	2020
					f	E
	Independent examination				1,800	1,285
	Depreciation				1,125	1,320
8	Locomotive maintenance				Total	Total
					2021	2020
					f	f
	Opening stock ofspares				7,000	17,000
	Expenditure —General				60,220	61,441
					67,220	78,441
	Less: Closing stock ofspares				(49,733)	(7,000)
					17,487	71,441
9	Trustees remuneration
	No trustees received any remuneration		during the year.
	No trustees had expenses	reimbursed	in 2021(2020: Nil).
10	Tangible fixed assets			Plant &
				Equipment	Van	Total
				f	f	f
	Cost
	At 1March 2020			7,956	2,703	10,659
	Additions			241		241
	Disposal
	At 28 February 2021			8,197	2,703	10,900
	Depreciation
	At 1March 2020			5,831	2,703	8,534
	Charge for the year			925		925
	Plant depreciation Disposal
	As at 28 February 2021			6,756	2,703	9,459
	Net Book Value
	As at 28 February 2021			1,441		1,441
	As at 28 February 2020			2,125		2,125

Heritage	assets	Assets held at	Assets held at
		Cost	valuation	Total
		2021	2021	2021
		E	E	E
Carrying	amount
At 1March 2020		9,800	675,000	684,800
Additions
Depreciation		200		200
		9,600	675,000	684,600

		Unrestricted	Restricted	Total	Total
		Funds	Funds	Funds	Funds
		2021	2021	2021	2020
		E	E	E	E
Fixed assets		1,605		1,605	2,289
Heritage	assets	684,600		684,600	684,800
Current	assets	130,967	623	131,590	79,985
Current	liabilities	(44,128)		(44,128)	(7,692)
		773,044	623	773,667	759,382

Balan	ces due from CFPS mainline Limited:
		2021	2020
		E	E
Loan	account	375	375