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





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|||||||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<br>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<br>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<br>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|





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|||31stDecember 202|0||
|---|---|---|---|---|
||||2020|2019|
|Net cash provided<br>by operating<br>activities (A)|||97,482|59,867|
|Cash flows (rom investin|activities||||
|Purchase ofproperty,<br>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<br>at|the beginning|ofthe year|181,410|189,317|
|Cash &cash equivalents|at the end of|the year|163,067|181,410|



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||||2020|2019|
|---|---|---|---|---|
|Net movement<br>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|






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|||||||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<br>building||repairs||||165||||165|
|Acquisition,<br>rmtoration|||&|display ofhistorical|artefacts||||||
|Subscriptions||||||||60||60|
|Legal fees||||||||180||180|
|Bank charges|||||||||||
|Governance<br>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<br>building||repairs|||||||||
|Acquisition ofhistorical|||artefacts|||162||||162|
|Subscnptions|||||||||||
|Legal fees|||||||||||
|Bank charges|||||||||||
|Governance<br>costs|||||||||||
|Deprenation|||||||||||
|||||||2,496||1,917||4,412|



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





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|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<br>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|





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|||||Notes to the accounts<br>For the Year Ended<br>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<br>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<br>in advance||||823|402|
||Deferred income||||2,708||
|||||||4,046|
|10|Creditors: amounts|||falling due after more than ooe year|f||
||Members'<br>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<br>f||I'|df|F nd<br>f.||
|At lstJanuary<br>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||





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|Analysis ofnet assets bea|veea funds||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Associated|Net Ciiireiit|||
|||Tsngilile Fixal <br>f|Assets|Investments|Long-Term <br>f|Crabtors|Companies<br>f,||Ametsf|Totalf|
|Restricted Funds|||||||||||
|Tattoo Looomotive Fund||||100|||142,062||19,212|I61,374|
|Development<br>Fund|||||||205,192||72,319|277,511|
|Carriage Shed Fund|||||||145,941|||145,941|
|Carnage &Wage Fund<br>Frieads ofthe Corris Rmlway Museum|||||||44,425||5,000<br>16,121|49,425<br>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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|||||||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|