2020-12-31-accounts - The Kidderminster Railway Museum Trust Limited

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		P~ae
Legal &administrative information
Trustees' Annual Report		2-5
Independent Examiners Report		6-7
Consolidated statement offinancial	activities
Consolidated and charity balance sheets
Notes forming part ofthe financial	statements	10-17
For the information ofthe Directors	and Trustees only:
Detailed trading and profit and loss	accounts

			Unrestricted	Restricted
			Funds	Funds	2020	2019
		Notes
Incoming Resources
Donations and Legacies		2 6t 3	7,175		7,175	39,096
Rent Received			5,195		5,195	4,820
Cafe Income			10,670		10,670	50,683
Hire ofPremises			668		668	2,966
Grants and Other Income			11,334		11,334	5,340
Transition Book Commission	Income	13&21			0	601
Bank Interest Received		5	120		120	130
Total Incoming Resources			35,162		35,162	103,636
Resources Expended
Direct Charitable Expenditure:
Exhibition Costs and Loss on	Sales				0	0
Property Improvements					0	0
Museum Overheads			12,426		12,426	30,172
			12,426		12,426	30,172
Other Expenditure
Management k.Administration			23,333		23,333	33,262
Total Resources Expended			35,759		35,759	63,434
Net Incoming Resources			(597)		(597)	40,202
Fund Balances Brought Forward
1st January 2020			219,401	212,555	472,158	431,956
Fund Balances Carried Forward
31stDecember 2020			218,804	212,555	471,561	472,158

					2020	2019
				Note	g
FIXEDASSETS.
Tangible assets				10	258,409	251,510
Intangible assets				11
					258,409	251,510
CURRENT ASSETS:
Stocks					6,151	5,592
Debtors due within	one year			12	11,454	10,945
Short term deposits
Cash at Bank & in Hand					222,920	242,228
					240,525	258,765
CREDITORS: amounts		falling due within	one year	13	(27,373)	(38,117)
NKT CURRENT ASSETS/(LIABILITIES)					213,152	220,648
TOTAL ASSETSLESSCURRENT LIABILITIES					471,561	472,158
CREDITORS: amounts		falling due after more than one year		14
NKT ASSETS/(LIABILITIES)					471,561	472,158
FUNDS:
Unrestricted Funds
General Funds					259,006	259,603
Designated Funds
					259,006	259,603
Restricted Funds					212,555	2]2,555
TOTAL FUNDS				17	471,561	472,158

2	Donations and Gifts		2020	2019
	Individuals		7,175	8,142
	Charitable Foundations
	Bequest Donations received (non-restricted)			21,529
	Virgin Trains Name Plate Donation			9,425
	Corporate Donors
	Gifts in Kind
			7,175	39,096
3	Legacies
	The charity had no legacies during the	year.
4	Merchandising Income and Costs		2020	2019
	Merchandising Income		6,245	85,118
	Cost ofSales		326	34,206
	Administrative Expenses			31,613
	Merchandising Expenses		326	65,819
	Surplus		5,919	19,299
5	Investment Income		2020	2019
	Interest Receivable		120	130
	Dividends Receivable from Equity Shares
	Dividends Receivable from Investments	and Unit Trusts
			120	130

Total Resources Expended	Total Resources Expended			OTHER	OTHER
		STAFF		DIRECT	ALLOCATED	TOTAL	TOTAL
		COSTS		COSTS	COSTS	2020	2019
Fund-raising Costs
Merchandising Costs			8,378	4,048		12,426	14,095
Information and Education
Support Costs						0	16,077
Management and Administration				23,333		23,333	33,262
Total Resources Expended			8,378	27,381		35,759	63,434
Other direct costs include:						2020	2019
Examiners Remuneration	(including	expenses	and benefits in kind):
Independent Examiners	Fee
Accotmtancy, Taxation and Other		Services				4,495	4,314
Operating Lease Rentals
Depreciation —on Owned Assets						2,766	1,780
Depreciation - on assets held on finance leases			and hire purchase		contracts
Finance Lease Interest
						7,261	6,094

10	Tangible Fixed	Assets	Plant & E~it	Fixtures & ~PM	R F	Land	Total
	Cost/Valuation	as at 1st January 2020	25,854	44,254	84,390	155,705	310,203
	Additions		2,388	6,534	743		9,665
	Cost/Valuation	as at 31stDecember 2020	28,242	50,788	85,133	155,705	319,868
	Depreciation as	at 1st January 2020	24,135	33,388		1,170	58,693
	Charge for Year		1,026	1,740			2,766
	Depreciation as	at 31stDecember 2020	25,161	35,128		1,170	61,459
	Net Book Value	at 31stDecember 2020	3,081	15,660	85,133	154,535	258,409
	Net Book Value	at 31stDecember 2019	1,719	10,866	84,390	154,535	251,510
11	Fixed Asset Investments
	The Charity had	no fixed asset investments	during the year.
12	Debtors					2020	2019
	Trade Debtors					11,454	10,329
	Legacies
	Other Debtors
	Amount owed by Subsidiary Undertaking
	Prepayments and Other Accrued Income						616
						11,454	10,945

Creditors: Amounts Falling	Due Within One Year	2020	2019
Trade Creditors		5,858	6,623
Transition Book - Production	costs repayment	17,020	19,457
Taxation and Social Security Costs
Other Creditors			7,723
Obligations under Finance Leases
Accruals and Deferred Income		4,495	4,314
		27,373	38,117