|||||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)|