2021-12-31-accounts

	CONTENTS
		Page
Legal and administrative	information
Chairman's Report on activity
Report ofthe Trustees
Independent Examiner's	Report	14
Statement ofFinancial Activities		15
Balance Sheet		16
Statement ofCash Flows		17
Notes to the Accounts		18

				Unrestricted	Designated	Restricted
				Funds	Funds	Funds	Total 2021	Total 2020
								8
Income and	Endowments	from:
Subscriptions Donations &	Legacies (including		GiflAid)	10,923 15,723		88,845	10,923 104,567	9,026 85,361
Charitable Activities						2,532	2,532	1,415
Grants				9,708			9,708	8,708
Other Trading	Activities			3,000		1,853	4,853	25
Investments				4		16	19	202
Other				2,782			2,782	128
Total				42,139		93,245	135,385	104,865
Expenditure	on
Raising Funds				394		893	1,287	1,348
Charitable Activities				2,297			2,297	2,876
Depreciation Other				2,554			2,554	2,554 405
Total				5.245		893	6,138	7,183
Net income				36,894		92,353	129,247	97,683
Transfers between funds				36,894	36,894
Net movement	in funds			0	36,894	92,353	129,247	97,683
Reconciliation	offunds
Total funds brought forward				5,000	344,453	1,014,395	1,363,848	1,266,165
Total funds carried forward				5,001	381,347	1,106,748	1,493,095	1,363,848

	31stDecember 202	1
		2021	2020
Net cash provided by operating activities (A)		128,140	97,482
Cash flows fiom investin activities
Purchase ofproperty, plant &equipment
Sums advanced to associated companies		131,652	115,825
Net cash used in investing activities (B)		131,652	115,825
Net decrease in cash &cash equivalents	(A+B)	3,513	18,343
Cash &cash equivalents at the beginning	ofthe year	163,067	181,410
Cash &cash equivalents at the end of	the year	159,555	163,067

			2021	2020
Net movement in funds			129,247	97,682
add depreciation			2,554	2,554
deduct grant transferred	(rom deferred income		2,708	2,708
Decrease in creditors			953	45
Net cash provided by operating		activities	128,140	97,482

							Direct		Support
							Expenses		Costs	Depreciation	Total 2021
Prinung &Stationery									424		424
Raffle costs									215		215
100Club prizes									647		647
Pubhcity
Corns-Pendent		and Journal		Printing &Distribution			2,297				2,297
Museum building			repairs
Acquisitton,	restoration &display				ofhtstorical	artefacts
Subscripuons
Legal fees
Bank charges
Governance	costs
Deprecation										2,554	2,554
							2,297		1,287	2,554	6,138
Comparative		Statement for2020:
							Direct		Support
							Expenses		Costs	Depreciation	Total 2020
											g
Printing &Statronery									480		480
Raffle costs									205		205
100Club pnzes									662		662
Publicity
Coma-Pondent	and		Journal Pnnting		&Distribution		2,876				2,876
Museum burlding		repairs						165			165
Acqutsitron ofhistorical artefacts
Subscriptrons									60		60
Legal fees									180		180
Bank charges
Governance costs
Depreciation										2,554	2,554
							3,041		1,588	2,554	7,183
Total resources		expended		are stated after charging:
										2021	2020
Depreciation	(see		note 1.8)							2,554	2554
Independent	Examiner's			Remuneration						Nil	Nil
Amounts payable			under operating leases							Nil	Nil

Tangible Axed Assets	Freehold Land	Rolling	Stock	Permanent	Museum	Exhibits	Total
Cost	&Buildings			Way	&Signs
At 1stJanuary 2021 Additions	54,653		7,118	9,619		3,685	75,075
At 31stDecember 2021	54,653		7,118	9,619		3,685	75,075
Depreciation
At 1stJanuary 2021 Additions At 31stDecember 2021	880 880 ],760		712 712 1.424	962 962 1,924		3,685 3,685	6,239 2.554 8,793
Net book value
At 1stJanuary 2021 At 31stDecember 2021	53,773 52,893		6,406 5,694	8,657 7,695			68,836 66.282
Investments
		2021			2020
Corris Railway Company Ltd		8
Ordinary Shares Q cost Current Account (owed by company to Society)		19,660 790,268				19,660 729,909
		809,928				749,569

The balance on current account represen	The balance on current account represen	ts funds advance	d to the company to progress t	he Society's objects.
Corris Tattoo Locomotive Company		Ltd	2021	2020
Ordinary	Shares @cost		100	100
Current	Account (owed by company to	Society)	465,567	394,273
			465,667	394,373

11	Restricted Funds Atlstlanumy 2021 Incoming Resources Outgomg Resources	7neo~ F~ f	161374 1,580	luwI F	luwI F	0 at d 277,513 10,702		C 484 Sh&Fund f 145,94l	C 484 Sh&Fund f 145,94l	Cs	8 aWS F d 49,425 200
	At31stDecember 2021		l6R954			288,2I3			145,941		49,625
		FOCRM		9	~	tWer	Fsl		Loco		Oax
	At 1stJanumy 2021 Incoming Resources Outgoing Resources At 31stDecember 2021	F df	16,122 1,405 647 16,880		F	6 14,674 14.l 4		0	df 277,614 m, 154 245 337,523		F 4f 24,008 24,008
		F nesshedR0	I	Cem	State		M	I aeShcp
	At 1stJanuary 2021 Incoming Resources Outgomg Resources	F df	13,8I2	Fmd 6 33,914 17,204				F	d 2,000		Totalf 1,0I4,394 93,247
	At 31stDecember 2021		I'!8I2			«1 118			2000		S93 I l06,748

Analysis ofoet assets bet	ween funds
Resiricrcd Funds i		Tangible Fixed f	Assets	Investments	Long-Term f	Creditors	Assomated Companies	Net Current Assets	Total f.
Tattoo Locomotive Fund Development Fund Carriage Shed Pund				100			138,083 218,664	24,770 69,549	162,954 288,213
Carriage tt Waggon Fund Fnends ofthe Corrie Railway Museum							145,941 49,625		145,941 49,625
Permanent Wsy Fund Falcon Locomotive Fund							14,674	16,880	16,880 14,674
OAK Fund							318,664	18,859	7„523
Engine Shed RoofFund							24,008		24,008
Coma Stancn Fund								13,812	13,812
Machine Shop Fund							48,304	2,814	51,118
Designated dr Ifnresrrrcrrd	Funds:							2,000	'2,000
General Fund			66,282 66282	19,760 19,660		6023 6,023	297870 1,255,834	8557 157241	386347 1,493,095

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				Unrestricted	Designated	Restricted
				Funds	Funds	Funds	Total 2020
income and	Endowments	from
Subscriptions Donations k Legacies (including Charitable Activities			GisAid)	9,026 18,132		67,229	9,026 85,361
Grants Other Tradmg Investments Other	Activities			8,708 19 128		1,415 25 184	1,415 8,708 25 203 128
Total				36,013		68,852	104,865
Errpendtture	oa r
Raising Funds Chnritable Activities Depreciation Other				480 2,876 2,554 240		868 165	1,348 2,876 2,554 405
Total				6,150		1,033	7,183
Net income				29,863		67,820	97,682
Transfers between funds				29,863	29,863
Net movement	in fimds				29,863	67,820	97,682
Reconciliation	offunds
Total funds brought forward				5,000	314,590	946,575	1,266,165
Total funds carried forward				5,000	344,453	1,014,395	1,363,848