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





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||||||2022|2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|||||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations<br>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<br>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<br>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<br>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<br>funds||||63,013|50,766|
|Restricted funds||||3,751|29,868|
|TOTAL FUNDS||||66,764|80,634|





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|DONATIO|NS<br>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|





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|||for the year ended 31Marc|h 2022|||
|---|---|---|---|---|---|
|3.|OTHER TRADING|ACTIVITIES||||
|||||2022|2021|
||Fundraising<br>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'<br>remuneration|||750|750|
||Auditors'<br>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'<br>remuneration|||750|750|
||Auditors'<br>remuneration|for non audit work||2,250|2,250|
||Depreciation<br>-owned assets|||434|185|





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||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
|INCOME AND ENDOWMENTS||FROM||||
|Donations<br>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<br>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<br>forward|||31,042|3,465|34,507|
|TOTAL FUNDS CARRIED FORWARD|||50,766|29,868|80,634|





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||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<br>falling due within one year:||||
||Other debtors||6,040||
||VAT||1,549|3,268|
||Prepayments||1,169|4,998|
||||8,758|8,266|
||Amounts<br>falling due after more than one year:||||
||Other debtors||1,400|1,400|
||Aggregate<br>amounts||10,158|9,666|





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|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<br>funds||||||||
||General fund||||44,531|12,247|(30,000)|26,778|
||Designated<br>fund||||6,235||30,000|36,235|
||||||50„766|12,247||63,013|
||Restricted<br>funds||||||||
||Level Crossing||||760|||760|
||Engineering<br>Shop||||65|||65|
||Restricted - General||||2,418|||2,418|
||Historic England|Covid|||10,904|(12,371)||(1,467)|
||National<br>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<br>in|funds, included||in the above|are as follows:||||
|||||||Incoming|Resources|Movement|
|||||||resources|expended|in funds|
||Unrestricted<br>funds||||||||
||General fund|||||65,587|(53,340)|12,247|
||Restricted<br>funds||||||||
||Historic England|Covid|||||(12,371)|(12,371)|
||National<br>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)|





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|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1/4/20|in funds|31/3/21|
|Unrestricted<br>funds||||||
|General<br>fund|||24,807|19,724|44,531|
|Designated<br>fund|||6,235||6,235|
||||31,042|19,724|50,766|
|Restricted<br>funds||||||
|Level Crossing|||760||760|
|Engineering<br>Shop|||500|(435)|65|
|Restricted - General|||2,205|213|2,418|
|Historic England|Covid|||10,904|10,904|
|National<br>Lottery|Covid|||15,721|15,721|
||||3,465|26,403|29,868|
|TOTAL FUNDS|||34,507|46,127|80,634|
|Comparative<br>net movement||in funds, included|in the above are as follows:|||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
|Unrestricted<br>funds||||||
|General fund|||29,122|(9,398)|19,724|
|Restricted<br>funds||||||
|Engineering<br>Shop||||(435)|(435)|
|Restricted - General|||900|(687)|213|
|Historic England|Covid||36,242|(25,338)|10,904|
|National<br>Lottery Covid|||27,200|(11,479)|15,721|
||||64,342|(37,939)|26,403|
|TOTAL FUNDS|||93,464|(47,337)|46,127|
|Level Crossing||||||



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