2020-12-31-accounts

	CONTENTS
		Page
Legal and administrative	information	3 4
Chairman's Report on activity		5-7
Report ofthe Trustees		8-11
Independent Examiner's	Report	12
Statement ofFinancial Activities		13
Balance Sheet		14
Statement ofCash Flows
Notes to the Accounts		16-24

						Unrestricted	Designated	Restricted
						Funds	Funds	Funds	Total 2020	Total 2019
					Note
Income and Endowments			from:
Subscriptions						9,026			9,026	8,318
Donations &Legacies (including				GiIIAid)		18,132		67,229	85,361	51,506
Charitable Activities								1,415	1,415	3,312
Grants						8,708			8,708	2,708
Other Trading	Activities							25	25	1,738
Investments						19		184	202	410
Other						128			128	155
Total						36,013		68,852	104,865	68,148
Expenditure	on:
Raising Funds						480		868	1,348	1,917
Charitable Activities						2,876			2,876	2,334
Depreciation					1.8	2,554			2,554
Other						240		165	405	162
Total						6.,150		1.033	7,183	4,412
Net income						29,863		67,820	97,683	63,735
Transfers between		funds				29,863	29,863
Net movement	in funds					0	29,863	67,820	97,683	63,735
Reconciliation	of	funds
Total funds brought		forward				5,000	314,590	946,575	1,266,165	1,202,431
Total funds carried		forward				5,000	344,453	1,014,395	1,363,848	1,266,166

		31stDecember 202	0
			2020	2019
Net cash provided by operating activities (A)			97,482	59,867
Cash flows (rom investin	activities
Purchase ofproperty, plant	&equipment			120
Sums advanced to associated companies			115,825	67,654
Net cash used in investing	activities (B)		115,825	67,774
Net decrease in cash &cash equivalents		(A+B)	18,343	7,907
Cash &cash equivalents at	the beginning	ofthe year	181,410	189,317
Cash &cash equivalents	at the end of	the year	163,067	181,410

			2020	2019
Net movement in funds			97,682	63,736
add depreciation			2,554
deduct yant transferred	from deferred income		2,708	2,708
Decrease in creditors			45	1,161
Net cash provided by operating		activities	97,482	59,867

						Direct	Support
						Expenses	Costs		Depreciation	Total 2020
									8
Pnntmg &Stationery								1,831		1,831
Raiffe costs								205		205
too Club prizes								662		662
Publinty
Coma-Pondent	and Journal			Pnnting &Distnbution		1,525				1,525
Museum building		repairs				165				165
Acquisition, rmtoration			&	display ofhistorical	artefacts
Subscriptions								60		60
Legal fees								180		180
Bank charges
Governance costs
Depreciation									2,554	2,554
						1,690		2,939	2,554	7,183
Comparative		Statement for2019:
						Direct	Support
						Expenses	Costs		Depreciation	Total 2019
Printing &Stationery								838		838
Raffle costs
leo Club prizes								1,079		1,079
Publicity
Coma-Pondent	and Journal			Printing &Distribution		2,334				2,334
Museum building		repairs
Acquisition ofhistorical			artefacts			162				162
Subscnptions
Legal fees
Bank charges
Governance costs
Deprenation
						2,496		1,917		4,412

					2020	2019
Depreciation	(see	note	1.8)		2,554	Nil
Independent	Examiner's		Remuneration		Nil	Nil
Amounts payable		under	operating	leases	Nil	Nil

Tangible Fixed Assets	Freehold Land	Rolling Stock	Permanent	Museum	Exhibits	Total
	&Buildings		Way	&Signs
Cost
At 1stJanuary 2020	54,653	7,118	9,619		3,685	75,075
Additions
At 31stDecember 2020	54,653	7,118	9,619		3,685	75,075
Depreciation
At 1st January 2020					3,685	3,685
Additions	880	712	962			2,554
At 31stDecember 2020	880	712	962		3,685	6,239
Net book value
At 1stJanuary 2020	54,653	7,118	9,619			71,390
At 31stDecember 2020	53,773	6,406	8,657			68,836
Investments
		2020		2019
Corris Railway Company Ltd
Ordinary Shares Q cost		19,660			19,660
Current Account (owed by company to Society)		729,909			638,120
		749,569			657,780

			2020		2019
Corris Tattoo Locomotive Company		Ltd
Ordinary	Shares Q cost			100	100
Current	Account (owed by company to	Society)	394,273		370,237
			394	373	370,337

				Notes to the accounts For the Year Ended 31stDecember 2020
8	Current Assets				2020	2019
	Debtors
	Other debtors
	Cash:
	Deposit Accounts				25,027	8,069
	Current Account				100	100
	Tattoo Locomotive Fund				19,112	13,635
	Falcon Locomotive		Fund		19,425	16,862
	Development Fund				72,319	125,130
	FOCRM fund				I5,092	17,614
	Coma Station Appeal			Fund	11,992
9	Creditors: amounts			falling due in less than one year
	Tmde creditors				193	936
	Subscriptions in advance				823	402
	Deferred income				2,708
						4,046
10	Creditors: amounts			falling due after more than ooe year	f
	Members' Loans				1,500	1,500
	Life Memberslnp	Provlslon			4,883	4,606
	Deferred income				1,891	4,599
						10,705

Rmtricte	d Funds	Tauen Loco	n~lep			e I	Ca	'ag	Carriage a	Wagon
		F nd		Fund			Shed Fund		Fund
								f	f
At 1st January 2020		159,970			248,783			145,941	49,425
Incoming	Resources	1,404				28,728
Outgoing	Resources
At 31stDecember 2020		161 374			277,511			145,941	49425
		Focxht	Pumm		u	Way	Falnna Loco		ohx
		Fu df		F	d f		I'	df	F nd f.
At lstJanuary 2020		15,651				14,674		245611	24,008
Incommg	Resources	1,298						32,003
Outgoing	Resources	827
At 31stDecember 2020		16,122				14,674		277,614	24,008
		E g eShed Runt'	C	Ia	Station
		F nd		F	nd				Total
		f			5
At 1stJanuary2020		13,812			28,700				946,574
Incoming	Resources					5,419			68,853
Outgomg	Resources					205				1,033
At 31stDecember 2020		13,812				3,914			1,014,395

Analysis ofnet assets bea	veea funds
							Associated	Net Ciiireiit
		Tsngilile Fixal f	Assets	Investments	Long-Term f	Crabtors	Companies f,		Ametsf	Totalf
Restricted Funds
Tattoo Looomotive Fund				100			142,062		19,212	I61,374
Development Fund							205,192		72,319	277,511
Carriage Shed Fund							145,941			145,941
Carnage &Wage Fund Frieads ofthe Corris Rmlway Museum							44,425		5,000 16,121	49,425 16,121
Permaoent Way Fund							14,674			14,674
Falcon Locomotive Fund							258,189		19,425	277,614
O&K Fund							24,008			24,008
Sogbte Shed RoofFund						1,891			15,703	13,812
Cams Station Fund									33,914	33,914
Designated &Vnresmcred	Fvndr i
General Fund			68 836	19660		6383	289,692	-	22,351	349,454
			68,836	19,760		8 274	1,124,183		159,343	1,363,848

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0 I3I E	0 0 IJ al 0	0 EE4 0	I0 33 00
Cj	00 z	0	A
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				I
				5
				0I

						Unrestricted	Designated	Restncted
						Funds	Funds	Funds	Total 2019
								6
Income and		Endowments		from:
Subscriptions						8,318			8,318
Donations	&	Legacies (mcluding			GrttAid)	6,300		45,206	51,506
Charitable	Activities					1,511		1,801	3,312
Grants						2,708			2,708
Other Trading		Activities						1,738	1,738
Investments						43		366	410
Other						155			155
Total						19,036		49,112	68,148
Expenditure		on
Raising Funds						838		1,079	1,917
Charitable	Activities					2,334			2,334
Other								162	162
Total						3,171		1,241	4,412
Net income						15,864		47,871	63,735
Transfers between			funds			15,864	15,864
Net movement		in funds					15,864	47,871	63,735
Reconciliation		of	funds
Total funds	brought		forward			5,000	298,726	898,705	1,202,431
Total funds	carried		forward			5,000	314,590	946„576	1,266,166