– – Charity Commission Report 2022 The Red Rose Steam Society Limited charity no. 513511.
The year ending 30 June 2022 was an extremely busy one and the forthcoming AGM will deal with a couple of vacancies to our Trustees. Our long-standing Treasurer is to retire as is another Trustee who has been with us for 4 years and been particularly involved in matters relating to Art and Retail sales. As regards the Treasurer’s vacancy, Steve Eckersley has been a member of the new management team for the past 6 years and has played a massive part in not only the financial wellbeing of the charity but also the force behind our social media influence – he is the expert on the heritage package which is best shown on our website www.lancashireminingmuseum.org. The Facebook entry has grown under his leadership from about 100 6 years ago to over 18,000. The overall turnover of the charity has grown from c.£6k to c.£155k.
At the same time the small number of volunteers who were actively involved six years ago has now grown to over 80 and they hail from varies diverse sections of society. They all have a large respect for Steve and his knowledge, and it is right that we record for posterity the debt of gratitude we have for him.
For the last 4 years our financial reports have been audited by a qualified accountant who fortunately is now prepared to take over the role of Treasurer thereby ensuring some fiscal continuity as we enter a new period of development of the charity.
In summary we have survived the problems set for us and other charities in the form of ‘Covid’ and are now in a much more settled position going forward. We have invested in some major items of infrastructure such as marquees, a crane, a forklift truck and have carried major refurbishment as regards to the railway in providing a new home for a vintage steam locomotive ‘Utrillas’. We have maintained and upgraded some of the equipment needed for our winding engine. The railway continues to attract large number of visitors and our recent events such as the steam rally have attracted record crowds.
The events team is now very busy preparing a varied calendar of events which will attract even more people from different backgrounds and age groups. Our education team this year has been much more effective, and the number of school visits has grown considerably. The number of visitors continues to grow, and we remain open to the public free of charge on Tuesday, Thursday, Saturday and Sunday afternoons.
In accordance with the conditions of our relatively new 25-year lease we maintain an excellent relationship with our 3 Wigan MBC councilors and keep them and senior officers of the council informed of developments. We work with the council in particular as regards museums and cultural activities.
There are various aspects of our charity to mention in a report like this, but space dictates it can only be a summary of the various occurrences. We won another Gold Award in the ‘North West In Bloom’ competition. We are part of a strategy group consisting of Historic England,
the National Heritage Lottery and the Council in order to submit of a bid for the refurbish of the Headgear, which like the Winding Engine House is a monument, on the ‘at risk’ register.
The railway group have now mastered the skills required to drive a steam locomotive as well as Diesel engines and they are now busy training drivers, guards and managers. The railway is proving to be a great attraction to the public and we are now looking to the future about extending the railway to the edge of our leased land.
We have met with the council to establish if there is the capacity to install a ‘Douglas Bank East Box’ which is a signal box contained in various crates at the council depot and could be a magnificent attraction complimenting our railway. The signal box and relocation of the Lancashire boilers dictates that the whole site layout is to be reconsidered and each of these projects will require more teams of volunteers to achieve them.
The number of volunteers has grown to 85 and the recruitment, induction, training and retention of volunteers is being actively assessed and dealt with in a more professional manner. Similarly, we are producing a series of policy documents and the latest one which is of high quality and produced with expert help relates to Safeguarding.
We have established a risk management team that looks after security including locks and alarms, CCTV and Health and Safety. Our events planning team is now better structured and through better intelligence can supply our insurers with first class data on the risks to be covered.
We have upgraded our toilets as regards disability access, but we have further access challenges that are not easy to address because of the age of the site and the methods of entry to our buildings which are over 110 years old.
We maintain good relationships with our surrounding community and landowners such as Peel and have strong links with the local tenants association, Rotary and other charities. We are members of various groups such as the ‘Association of Independent Museums’ and the ‘Heritage Railway Association’.
The membership of the society remains at £10 pa for a single member - we currently have 41 life members, 3 international members, 58 family members and 91 single members making a total of 193. With free entry for visitors, we can only estimate the total number of 10,000 visitors a year.
We are delighted to end the report by announcing that our volunteers were awarded the Queens award for voluntary service, and that we are to register the charity for VAT having changed its name from the ‘Red Rose Steam Society’ to the ‘Lancashire Mining Museum’.
Signed:
Trevor Barton MBE - Chairman
Dated: 1 December 2022
Lancashire Mining Museum
----- Start of picture text -----
Red Rose Steam Society Limited
Registered Company No. 1682997 Registered Charity No. 513511
Financial Statements - Year Ended 30 June 2022
Income & Expenditure Account 30-Jun-2022 30-Jun-2021
Income
Donations and legacies £19,082 £24,037
Subscriptions £3,084 £1,965
Trading activities £42,941 £22,715
Railway Income £9,520 £2,551
Events held £60,004 £30,767
Site Visits & Rental £6,984 £340
Grants £5,611 £37,025
Scrap Sales £5,387 £2,214
Miscellaneous £2,192 £1,461
Total £154,804 £123,076
Expenditure
Events £41,403 £19,449
Winding Engine Costs £4,063 £5,733
Headgear Costs £0 £0
Railway £11,757 £4,395
Site Utilities £7,620 £4,680
Site Costs/Refurbishment £32,841 £19,986
Insurance £1,564 £2,042
Office Equipment £3,894 £1,727
Administration costs £10,607 £5,224
Woodland £9,352 £0
Other trading activities £15,718 £6,782
Total £138,818 £70,020
Operating Surplus £15,986 £53,056
Loan charges / Bank Interest £1,545 £1,779
Depreciation £7,090 £4,210
Surplus before Taxation £7,351 £47,067
Taxation £0 £0
Surplus after Taxation £7,351 £47,067
----- End of picture text -----
Lancashire Mining Museum
Red Rose Steam Society Limited
| Registered Company No. 1682997 | Registered Company No. 1682997 | Registered | Registered | Charity No. 513511 | |||
|---|---|---|---|---|---|---|---|
| Financial Statements - Year | Ended 30 June | 2022 | |||||
| Balance Sheet | 30-Jun-2022 | 30-Jun-2021 | |||||
| Fixed assets | |||||||
| Tangible assets | £35,450 | £21,050 | |||||
| Depreciation | £(11,300) | £(4,210) | |||||
| Total fixed assets | £24,150 | £16,840 | |||||
| Current assets | |||||||
| Stocks | £7,680 | £3,224 | |||||
| Nat West Bank Current Account | £48,195 | £71,432 | |||||
| Reserve funds | £20,323 | £20,296 | |||||
| Restricted Funds | £0 | £0 | |||||
| Paypal Account | £9,032 | £1,400 | |||||
| Vouchers | £0 | £0 | |||||
| Cash in hand | £4,480 | £7,757 | |||||
| Total current assets | £89,710 | £104,108 | |||||
| Loan GMCVQ | £12,600 | £17,040 | |||||
| Loan SE | £0 | £10,000 | |||||
| Total current liabilities | £12,600 | £27,040 | |||||
| Total assets less current liabilities | £101,260 | £93,908 | |||||
| Funds of the Charity | |||||||
| Restricted income funds | |||||||
| Unrestricted funds | £93,908 | £46,841 | |||||
| Current Year Surplus Funds | £7,351 | £47,067 | |||||
| Total funds | £101,260 | £93,908 |
CHARITY COMMISSION FOR ENGLANO AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesldirector•l members of The Red Rose Steam Society Limited On accounts for the year ended 30 June 2022 Charlty no.: 513511 Company no.: 1682997 Set out on pages Pages 1 and 2 I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 106 12022. Re8pon8lbllltles and bas18 of report As the chanty's of th8 Company (who are also the directors of the company for the purposes of company law), you are SponSible for the preparation of the accounts in accordance with the requirements of the Companies Aci 2006 {Ihe 20( Acr). Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 {'the 2011 Act.). In carying out my examination, I have followed the Directions given by the Charty Commission (under section 145(5}(b) of the 2011 Act. Independent examinerfs ststement I have completed my examination. l Confirm that no material matters have Coma to my attention {other than that disdosed below ') which gives me cause to believe that.. . accounting records were not kept in accordance wth sedion 386 of the Companies Act 2006", . the accounts do not accord wtth such records., or . the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 20( other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination; or •the accounts have not been prepared in accordance with the Charities SORP (FRS102)
I have no Concerns and have c(Yne a(xoss no other matters in connection wrth the examination to whth attention shoukl be drawn in thi8 report in order to enabl8 a proper understanding of the accounts to be reached. Slgned: Date: 0111212022 Nam•: Kantilal Trikamji Joshi. FCMA, CGMA Rdevant professlonal | Fellow of the drtered Management Accountants. quallfi¢allon(s) or body lif any): Address: 60 Chestnut Drive IAIN7 3JW Section B Disclosiire Only complete if the examiner needs to highlighl material matters of concern (888 CC32, Independent examination of charity accounts.. directions and guidance for examiners). Glve hora brlef detalls of any ltsm8 that the xamlnèr wlshes to dlsclose. none