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2022-03-31-accounts

		Page
Chairman's Report	1	to	2
Report ofthe Trustees	3	to	6
Report ofthe Independent Auditors	7	to	10
Statement ofFinancial Activities
Statement ofFinancial Position		12
Notes to the Financial Statements	13	to	20

					2022	2021
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies			21,084	1,975	23,059	88,978
Other trading activities			44,503		44,503	4,486
Total			65,587	1,975	67,562	93,464
EXPENDITURE ON
Raising funds			34,134		34,134	25,981
Charitable activities
Bowes Railway			19,206	28,092	47,298	20,591
Locomotives						765
Total			53,340	28,092	81,432	47,337
NET INCOME/(EXPENDITURE)			12,247	(26,117)	(13,870)	46,127
RECONCILIATION	OF FUNDS
Total funds brought forward			50,766	29,868	80,634	34,507
TOTAL FUNDS CARRIED FORWARD			63,013	3,751	66,764	80,634

	31	March 2022
				2022	2021
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes
FIXEDASSETS
Tangible assets			2,168	2,168	2,008
CURRENT ASSETS
Debtors	10	8,609	1,549	10,158	9,666
Cash at bank and in hand		72,639	4,972	77,611	82,487
		81,248	6,521	87,769	92,153
CREDITORS
Amounts falling due within one year	11	(18,235)	(4,938)	(23,173)	(13,527)
NET CURRENT ASSETS		63,013	1,583	64,596	78,626
TOTAL ASSETSLESSCURRENT
LIABILITIES		63,013	3,751	66,764	80,634
NET ASSETS		63,013	3,751	66,764	80,634
FUNDS	12
Unrestricted funds				63,013	50,766
Restricted funds				3,751	29,868
TOTAL FUNDS				66,764	80,634

DONATIO	NS AND LEG	ACIES
			2022	2021
Donations			1,526	601
English Heritage				24,500
Sunderland	Council		19,558	4,998
Historic England				36,241
Government	Grants			22,638
Association	ofIndependent	Museums	1,975
			23,059	88,978

		for the year ended 31Marc	h 2022
3.	OTHER TRADING	ACTIVITIES
				2022	2021
	Fundraising events			15,383	611
	Shop income			2,096	65
	Other Income			27,024	3,810
				44,503	4,486
4.	CHARITABLE ACTIVITIES COSTS
				Support
			Direct	costs {see
			Costs	note 5)	Totals
	Bowes Railway		43,794	3,504	47,298
5.	SUPPORT COSTS
				Governance
			Finance	costs	Totals
	Bowes Railway		71	3,433	3,504
	Support costs, included	in the above, are as follows:
				2022	2021
				Bowes	Total
				Railway	activities
	Advertising				360
	Bank charges			71	72
	Auditors' remuneration			750	750
	Auditors' remuneration	for non audit work		2,250	2,250
	Depreciation oftangible fixed assets			433	185
				3,504	3,617
6.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)	is stated after charging/(crediting):
				2022	2021
	Auditors' remuneration			750	750
	Auditors' remuneration	for non audit work		2,250	2,250
	Depreciation -owned assets			434	185

			Unrestricted	Restricted	Total
			funds	funds	funds
INCOME AND ENDOWMENTS		FROM
Donations and legacies			25,536	63,442	88,978
Other trading activities			3,586	900	4,486
Total			29,122	64,342	93,464
EXPENDITURE ON
Raising funds			5,764	20,217	25,981
Charitable activities
Bowes Railway			2,869	17,722	20,591
Locomotives			765		765
Total			9,398	37,939	47,337
NET INCOME			19,724	26,403	46,127
RECONCILIATION	OF FUNDS
Total funds brought forward			31,042	3,465	34,507
TOTAL FUNDS CARRIED FORWARD			50,766	29,868	80,634

	for the year ended 31	March 2022
9.	TANGIBLE FIXEDASSETS
		Fixtures
		alld	Computer
		fittings	equipment	Totals
	COST
	At I April 2021	1,324	869	2,193
	Additions		594	594
	At 31 March 2022	1,324	1,463	2,787
	DEPRECIATION
	At 1 April 2021	21	164	185
	Charge for year	131	303	434
	At 31March 2022	152	467	619
	NET BOOK VALUE
	At 31 March 2022	1,172	996	2,168
	At 31March 2021	1,303	705	2,008
10.	DEBTORS
			2022	2021
	Amounts falling due within one year:
	Other debtors		6,040
	VAT		1,549	3,268
	Prepayments		1,169	4,998
			8,758	8,266
	Amounts falling due after more than one year:
	Other debtors		1,400	1,400
	Aggregate amounts		10,158	9,666

11.	CREDITORS:	AMOUN	TS F	ALLING DU	E WITHIN ONE	YEAR
							2022	2021
	VAT						815
	Accrued expenses						22,358	13,527
							23,173	13,527
12.	MOVEMENT IN FUNDS
						Net	Transfers
						movement	between	At
					At 1/4/21	in funds	funds	31/3/22
	Unrestricted funds
	General fund				44,531	12,247	(30,000)	26,778
	Designated fund				6,235		30,000	36,235
					50„766	12,247		63,013
	Restricted funds
	Level Crossing				760			760
	Engineering Shop				65			65
	Restricted - General				2,418			2,418
	Historic England	Covid			10,904	(12,371)		(1,467)
	National Lottery	Covid			15,721	(15,721)
	Association ofIndependent		Museums			1,975		1,975
					29,868	(26,117)		3,751
	TOTAL FUNDS				80,634	(13,870)		66,764
	Net movement in	funds, included		in the above	are as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
	Unrestricted funds
	General fund					65,587	(53,340)	12,247
	Restricted funds
	Historic England	Covid					(12,371)	(12,371)
	National Lottery Covid						(15,721)	(15,721)
	Association ofIndependent		Museums			1,975		1,975
						1,975	(28,092)	(26,117)
	TOTAL FUNDS					67,562	(81,432)	(13,870)

				Net
				movement	At
			At 1/4/20	in funds	31/3/21
Unrestricted funds
General fund			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 England	Covid			10,904	10,904
National Lottery	Covid			15,721	15,721
			3,465	26,403	29,868
TOTAL FUNDS			34,507	46,127	80,634
Comparative net movement		in funds, included	in the above are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
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
TOTAL FUNDS			93,464	(47,337)	46,127
Level Crossing