2022-12-31-accounts - The Kidderminster Railway Museum Trust Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		~Pa e
Legal &administrative information
Trustees' Annual Report		2-5
Independent Exammers 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	18 - 19

			Unrestricted	Restricted
			Funds	Funds	2022	2021
		Notes
Incoming Resources
Donations and Legacies		2&3	14,331		14,331	9,907
Rent Received			2,578		2,578	8,902
Caf6 Income			59,733		59,733	36,566
Hire ofPremises			8,881		8,881	3,485
Grants and Other Income			2,834		2,834	8,335
Arts Council grant			5,707		5,707	13,318
Transition Book Commission	Income	13
Bank Interest Received		5	63		63	391
Total Incoming Resources			94,127		94,127	80,904
Resources Expended
Direct Charitable Expenditure:
Exhibition Costs and Loss on	Sales
Property Improvements
Museum Overheads			46,403		46,403	39,786
			46,403		46,403	39,786
Other Expenditure
Management &Administration			40,933		40,933	25,232
Total Resources Expended			87,336		87,336	65,019
Net Incoming Resources			6,791		6,791	15,886
Fund Balances Brought Forward
1st January 2022			234,689	212,555	487,447	471,561
Fund Balances Carried Forward
31stDecember 2022			241,480	212,555	494,238	487,447

THE KIDDERMINSTER	THE KIDDERMINSTER	THE KIDDERMINSTER	THE KIDDERMINSTER	THE KIDDERMINSTER	RAILWAY MUSEUM	TRUST	LIMITED
			A COMPANY		LIMITED BYGUARANTEE
				BALANCE SHEET
			AS AT		31stDECEMBER 2022
							2022	2021
					Note		g	g
FIXEDASSETS:
Tangible assets						10	256,989	257,342
Intangible assets						11
							256,989	257,342
CURRENT ASSETS:
Stocks							5,253	5,725
Debtors due within	one year					12	9,821	8,828
Short term deposits
Cash at Bank & in Hand							226,200	246,318
							241,274	260,871
CREDITORS: amounts		falling due within			one year	13	(4,025)	(30,766)
NKT CURRENT ASSETS/1			LIABILITIKS)				237,249	230,105
TOTAL ASSETSLESSCURRENT LIABILITIES							494,238	487,447
CREDITORS: amounts		falling due after		more than one year		14
NET ASSETS/(LIABILITIES)							494,238	487,447
FUNDS:
Unrestricted Funds
General Funds							281,683	274,892
Designated Funds
							281,683	274,892
Restricted Funds							212,555	212,555
TOTAL FUNDS						17	494,238	487,447

2	Donations and	Gifts		2022	2021
	Individuals			14,331	9,907
	Charitable Foundations
	Bequest Donations received (non-restricted)
	Corporate Donors
	Gifts in Kind
				14,331	9,907
3	Legacies
	The charity had	no legacies during the	year.
4	Merchandising	Income and Costs		2022	2021
	Merchandising	Income		85,801	56,895
	Cost ofSales			26,068	20,329
	Administrative	Expenses		40,933	25,057
	Merchandising	Expenses		67,001	45,386
	Surplus			18,800	11,509
5	Investment Income			2022	2021
	Interest Receivable			63	391
	Dividends Receivable from Equity Shares
	Dividends Receivable from Investments		and Unit Trusts
				63	391

Total Resources Expended	Total Resources Expended		OTHER	OTHER
		STAFF	DIRECT	ALLOCATED	TOTAL	TOTAL
		COSTS	COSTS	COSTS	2022	2021
Fund-raising Costs
Merchandising Costs		16,337	30,066		46,403	39,786
Information and Education
Support Costs
Management and Administration			40,933		40,933	25,233
Total Resources Expended		16,337	70,999		87,336	65,019
Other direct costs include:					2022	2021
Examiners Remuneration	(including	expenses and benefits in kind):
Independent Examiners	Fee
Accountancy, Taxation and Other		Services			4,495	4,495
Operating Lease Ren&s
Depreciation —on Owned Assets					2,786	2,572
Depreciation - on assets held on finance leases and hire purchase				contracts
Finance Lease Interest
					7,281	7,067

Tangible Fixed	Assets	Plant A E~it	Fixtures & F~ild	R P	Land	Total
Cost/Valuation	as at 1st January 2022	28,806	51,729	85,133	155,705	321,373
Additions		2,432				2,432
Cost/Valuation	as at 31stDecember 2022	31,238	51,729	85,133	155,705	323,805
Depreciation as	at 1st January 2022	26,072	36,788	-	1,170	64,030
Charge for Year		1,292	1,494			2,786
Depreciation as	at 31stDecember 2022	27,364	38,282		1,170	66,816
Net Book Value	at 31stDecember 2022	3,874	13,447	85,133	154,535	256,989
Net Book Value	at 31stDecember 2021	2,734	14,941	85,133	154,535	257,342

Creditors: Amounts Falling Due Within One Year	2022	2021
Trade Creditors		6,815
Transition Book		19,456
Taxation and Social Security Costs
Other Creditors
Obligations under Finance Leases
Accruals and Deferred Income	4,025	4,495
	4,025	30,766