2021-03-31-accounts

				Page	Page
				I	to	3
Chairman's	Report
				4	to	7
Report of	the Trustees
				8	to	11
Report of	the Independent		Auditors
Statement	ofFinancial	Activities
Statement	ofFinancial	Position
				14	to	21
Notes to the Financial		Statements
DetaBed	Statement of	Financial Activities		22	to	23

		for the year e	nded 31 March 2	021
					2021	2020
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	f			8
IVCOME AND EVDOWMENTS FROM
Donations and legacies			25,536	63,442	88,978	17,367
Other trading activities			3,586	900	4,486	23,492
Total			29,122	64,342	93.464	40.859
EXPENDITURE OV
Raising funds			5,764	20,217	25.981	23.975
Charitable activities
13oxves Railvray			2,869	17,722	20.591	18,431
Locomotives			765		765
Total			9,398	37,939	47,337	42,406
NET iNCOME/(EXPEVDITURE)			19,724	26,403	46,127	(1,547)
RECONCILIATION	OF FUNDS
Total funds brought	forward		31.042	3,465	34.507	36,054
TOTAL FUNDS CARRIED FORWARD			50.766	29,868	80,634	34.507

	31	March 2021
				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	'.Notes		f	f	f
FIXEDASSETS
Tangible assets			2,008	2,008
CURRK(ciT ASSETS
Stocks	10				310
Debtors	11	7.276	2,390	9,666	12,592
Cash at bank and in hand		48,587	33,900	82.487	34,306
		55,863	36,290	92.153	47,208
CREDITORS
Amounts falling due within one year	12	(5,097)	(8,430)	(13,527)	(12,701)
NET CURRFXT ASSETS		50,766	27,860	78,626	34.507
TOTAL ASSETSLESSCURREfiT	LIABILITIES	50,766	29,868	80,634	34,507
isETASSETS		50,766		80,634	34,507
FUNDS	13
Unrestricted funds				50,766	31,042
Restricted funds				29.868	3,465
TOTAL FUXDS				80,634	34,507

DONATIO	NS AND LEGACIES
		2021	2020
		f.
Donations		601	5,965
English Heritage		24,500	2,700
Sunderland	Council	4,998	1,500
llistoric England		36,241
Newcastle	City Council		4,019
Planter grant			3,183
Government	Grants	22,638
		88,978	17,367

	for the year e	for the year e	for the year e	nded 31March 2	021
3.	OTHER TRADPiIG ACTIVI'llES
						2021	2020
	I'un&lraising	events				611	9,911
	Shop income					65	10,481
	Other Income					3,810	3,100
						4,486	23,492
4.	CHARITABLE ACTIVITIES COSTS
						Support
					Direct	costs (see
					Costs	note 5)	Totals
					f.
	Bowes Railvray				16,974	3,617	20,591
	Locomotives				765		765
					17,739	3,617	21,356
5.	SUPPORT	COSTS
						Governance
				Management f	Finance f	costs	Totals
	Bowes Railway			360	72	3,185	3,617
	Support costs, induded		in the above, are as follows:
						2021	2020
						Bowes	Total
						Railway	activities
	Advertising					360	20
	Bank charges					72
	Auditors' remuneration					750
	Auditors' remuneration		for non audit work			2,250
	Independent	Examination Fee					2,250
	Depreciation	oftangible	fixed assets			185
						3,617	L270

			2021	2020
			f.
Auditors'	remuneration		750
Auditors'	remuneration	for non audit work	2,250
Depreciation - owned		assets	185

COMPARATIVES F	ORTHE ST	ATEMENT OF FINA	NCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			funds	funds	funds
			f.
INCOME AND ENDOWMENTS		FROM
Donations and legacies			14,184	3,183	17,367
Other trading activities			23,492		23,492
Total			37,676	3,183	40,859
EXPENDITL'RE ON
Raising 1'unde			23,975		23,975
Charitable activities
Bowcs Railway			16,060	2,371	18,431
Total			40,035	2,371	42,406
NET INCOME/(EXPENDITURE)			(2,359)	812	(1,547)
RECONCILIATION	OF FUNDS
Total funds brought	forward		33.401	2.653	36,054
TOTAL FUNDS CARRIED FORWARD			31,042	3,465	34,507

9,	TANGIBLE FIXEDASSETS
		Fixtures
		and	Computer
		fittings	equipmcnt f	Totals f
	COST
	Additions	1,324	869	2,193
	DEPRECIATION
	Charge for year	21	164	185
	NET BOOK VALUE
	At 31March 2021	1,303	705	2,008
	At 31 March 2020
10.	STOCKS
			2021	2020
			f.
	Stocks			310
1L	DEBTORS
			2021	o0e0
	Amounts falling due within one year:
	Other debtors			4,200
	VAT		3.268	1,807
	Propayments		4,998	5,185
			8,266	11,192
	Amounm falling duc after more than one year;
	Other debtors		1.400	1,400
	Aggregate aniounts		9,666	12,592

					2021	2020
	Accmed expenses				13,527	12,701
13	MOVEMENT IN FUNDS
					Net
					movement	At
				At 1/4/20	in funds	31/3/21
				f	f	f
	Unrestricted funds
	General ftmd			24,807	19,724	44,531
	Designated fund			6,235		6,235
				31,042	19,724	50,766
	Restricted funds
	Level Crossing			760		760
	Engineering Shop			500	(435)	65
	Restricted - General			2,205	213	2,418
	Historic Fngland	Covid			10,904	10,904
	National Lottery Covid				15,721	15,721
				3,465	26.403	29,868
	TOTALFUNDS			34,507	46,127	80,634
	Net movement in	funds, included	in the above are as follows:
				Incoming	Resources	Movement
				resources	expended	in 1'unds
					f.
	Unrestricted funds
	General fund			29,122	(9,398)	19,724
	Restricted funds
	Engineering Shop				(435)	(435)
	Restricted - General			900	(687)	213
	Historic England	Covid		36,242	(25,338)	10.904
	National Lottery Covid			27,200	(11,479)	15,721
				64,342	(37,939)	26,403
	TOTALFUNDS			93,464	(47,337)	46,127

Comparatives for moveme	nt in funds
				Net
				movement	At
			At I/4/19	in funds	31/3/20
			f
Unrestricted funds
General fund			27,166	(2,359)	24,807
Designated fund			6,235		6,235
			33,401	(2,359)	31,042
Restricted funds
Level Crossing			760		760
Engineering Shop			1,816	(1,316)	500
Restricted - General			77	2.128	2,205
			2„653	812	3,465
TOTAL FUNDS			36,054	(1,547)	34,507
Comparative net movement	in fitnds. included	in the above are as follows:
			lncomine	Resources	Movement
			resources f	expended	in fuuds f
Unrestricted funds
General fund			37,676	(40,035)	(2,359)
Restricted funds
Engineering Shop				(1,316)	(1,316)
Restricted - Gcnctal			3,183	(1,055)	2,128
			3,183	UL371)	812
TOTAL FUNDS			40,859	(42,406)	(1,547)
Level Crossing

			Detailed Statement ofFinancial Activities
			for the year ended 31March 2021
				2021	2020
				f.
INCOME AND		FNDOWMENTS
Donations snd		legacies
Donations				601	5,965
English Heritage				24,500	2,700
Sunderland Council				4,998	1,500
Historic England				36.241
Newcastle City	Council				4,019
Planter grant					3,183
Government Grants				22,638
				88,978	17,367
Other trading	nativities
Fundraismg events				611	9,911
Shop income				65	10,481
Other Income				3,810	3,100
				4,486	23,492
Total incoming		resources		93,464	40,859
EXPENDITURE
Other trading	activities
Purchases				24,299	20.136
Fundraising Costs				1,682	3,839
				25,981	23 975
Charitable activities
Rates and water				987	1,086
Insurance				3.403	3 552
Light and heat				1,757	4,184
Telephone				570	1,554
Sundries				3,523	702
Repairs and Renewals				5,279	5,083
Professional Fees				2,220
				17,739	16,161
Support costs
Management
Advertising				360	20
Finance
Bank charges				72

				for the year ended 31M	arch 2021
					2021 f		2020f
Finance
Governance		costs
Auditors'	remuneration					750
Audiiors'	remuneration		for non audit work		2,250
Independeni		Examination		Fcc			2,250
Fixtures	snd	fittings				21
Computer	equipment					164
					3.185		2,250
Total resources		expended			47,337		42,406
Yet income/(expenditure)					46,127		(1,547)