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THE KtDDERMINSTER RAILWAY MUSEUM TRUST LIMITED
A COMPANY LIMTfED BY GUARANTEE
REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31st DECEMBER 2024
REGISTERED CHARITY NUMBER- 518479
COMPANY NLIMBER - 2033064
ENGLAND & WALES
Silver & Co
Accountants
Taxation
& B￿SinesS Advisors

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THE KtDDERMINSTER RAILWATr MbSEUM TRUST LIMITED
A COMPANY LIMETED BY GLTARANTEE
coNrENTS
Legal & adtninistrative inforn]ation
Trusiees, Annual Report
Independent Examiners Report
Consolidated statemcnt of financial activities
Consolidated and ch￿lty balance sheets
Notes forming part of the financial statements
10-17
For the infornRation of the Directors and Trustees only:
DetaiEed trading and profit and loss accounts
18- 19

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THE KtDDER￿fftsT£R RAILWAY ￿IUsEUm TRUST LIMITED
A COMPAINT LIMIIID BY GUARANTEE
LEGAL AND ADMINISTRATIVE ThFORMATION
DIRECTORS & TRUSTEES
S. A. Tull
A. J. Lanthert
S. A. Williatns (Chairman)
P. D. Redfem
D. J. Grainger
D. J. Evans
R. J. Saull
M. E. J. Yarker
J. K. Broughton
CHIEF EXECUTIVE
S. A. willian￿ (Chairnwi)
SECRETARY
I. S. Baxter
REGISTERED OFFICE
Station Approach..
Comberton Hill,
Kiddern]inster,
WorcestersbiTC.
DYIO IQX
INDEPENDENT EXAMINERS
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Silver & Co..
The Hollies,
16, St. JoI￿S StreeL
Bridgnortb.
Shropshire.
WV15 6AG.
Barclays Bank Plc.,
IKicester.
LE87 2BB
Lloyds TSB Bank Plc.,
Vicar S(
Kidderniinster,
Illorcestershire.

THE laDDERTrttSTER Il4tLWAY MLSEUM TRUST LIMITED
A COMPANY LIMITED BY GUARANTEE
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31st DECEMBER 2024
The trustees, who are also Directors of the charity for the pu￿os&S of the Companies Act, subn]it their
annual report and the unaudited financial statements for the Year Ended 31 st December 2024. The
trustees have adopted the Provisions of the Statement of Recottllnended Practice (SORP) Accounting
and Rcporting by Charities" issued in 2005 ill preparing the annual report and financial statcments of the
Ch￿￿tY.
Directors and Trustees
The Directors and Trustees who served during the year were as follows:
S.A. Tull
A.J. Lambert
S. A. Williams (Ch2irnMI)
P. D. Redfern
D. J. Grainger
D. J. EvaLL8
11 J. Saull
M. E. J. Yarker
J. K. Broughton
Structhre, Governance and Management
The Company is govemed by its Articles of Association and is controlled by the Directors.
Statement of Directors, and Trustees, Responsibililies
The trustees (who aTe also directors of Kiddemiinster Raihvay Museum Trust Ltd for the purposes of
company law) arc responsible for preparing the Trustees, Annual Report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
Company law requires the ttustees to prepare financial ststcments for each financial year. which give a
true and fair view of the state of affairs for the clwitable company and of the incoming resources and
application of resources, including the income and expenditure, of the charitable company for that period.
In preparing these financial statements, the trustees arc required to:
- select suitable accounting policies and then apply them consistently"
- observe the methods and principles in the Charities SORP 2015 (FRSSE);
- make judgements and estimates that are reasonable and prudent.
- state whether applicable UK Accounting StaDdards have been followe(L subject to any material
departures disclosed and explained in the financial statements.
- prepare the financial statements on a going concern basis unless it is inappropriate to presume that the
charitable company will continue in operation.

THE klDDERMINSTER IL4tLWAY MUSEUM TRUST LIMITED
A CO.MPMT LIMITED BY GUA￿NTEE
TRUSTEES, MNLAL REPORT
FOR THE YEAR ENDED 31st DECEMBER 2024
The trustees are responsible for keeping adequate accounting records that disclose with reasonable
accuracy at any time the fmancial position of the charitable company and enable them to cnsure that the
financial statements comply with the Companies Act 2006. They are also responsible for safeguarding
the assets of the charitable company and hence for taking Te&sonable steps for the prevention and detcction
of fraud and other irregularities.
In so Lai as the trustees are aware:
- there is no relevant inforniation of which the cbaritable companys examiner is unaware. and
- the trustees have taken all steps that they ought to have taken to make themselves aware of any Televant
infomiation and to establish that the examiner is aware of that inforn]ation.
- The trustees are not in consultations with the independent examiners to provide further inforn]ation to
meet the Tequirements of FRS 102 Statement of Recon]mended Practice.
Internal Control and Risk Management
The Directors review the effectiveness of all material inkrnal colltrols. including operational, fmancial
and coEnpliancc controls and risk management systems.
The internal control systems are designed to meet the CoMpan￿S particular needs and the risks to
which it is exposed, to manage those risks and to provide reasonable assurance against misstatement
or Ioss.
Objectives and Activitles
The objectives and activities of the clwity continued to be that of an independent Museum established
for'&e collection of relics and documents dq)icting the railways of the Bntish Isles.
Volunteers
The charity is gratefvl for the unstinting efforts of its volunteers who arc involved in service provision.
It is estimated that over 8,800 volunt¢er hours were provided duriDg this year. If this is conservativejy
valued ai £1 1.44 an hour the volunteer cffort amounts to £100,600.
Chairman's Annual General Meetin Re
To all Staff:
ort
Strat
cRe
ort
The number of visitors to the Museum is noticeably r￿U¢e<l due, in no small mc&8ure, to tbe SVR operating on
fewcr days than previously been the case, together with the timings of the actual timetable. As things are at
present, we are highly unlÉkely to reach pre-pandemic visitor fIgures.
Room birings ren]ain fairly good, although tbese have also not yet returned to pre-pandemic leveL8. Though rail-
related group continue to use the Museum for meetings but there has been a noticeabl¢ drop-off from 'outside'
organisations. This is no doubt due to a combination of reasons". T¢duced business and the increased use of
'Zoom' alld'TEAMS' meetings.

THE K[￿DER￿llNSTER RAILWAY MUSEUM TRUST LIMITED
A co￿￿PANy LIMITED BY GL'ARANTEE
TRUSTEES, REPORT
FOR THE YEAR ENDED 31st DECEhIBER 2024
Major events during this period wer¢ the Guild of Railway Artists exhibition which proved very
successful in tern)s of paintings sol(l There ￿-¢re fewer paintings on display, but sales were go(xL which
gave a significant fillip to KRM fimds. Attendance at the PhotO-Fairs were acceptable, but not as good as
usual. We have also lost two of th¢ regular traders duTing this period. The 2024 Signalling Weekellds
were fully booked as have the ones for 2025. The 2024 ones appeared in a railway periodical wbicb
pmvided some additional publicity.
Cafe sales continue to provide a major source of income and the addition of the caTd-r¢ader continues to
show benefits. As previously, Lightmoor Press continue to provide us with a regular stream of new
books. Second-hand book donations have continued and we bave been in rec¢ipt of some significant
coElectlODS. These enbance both our library and our second-hand book shelves.
TL- on-going dISa￿Leements with EON have becn resolved amicably. Similarly, the negotiation with the
rating authorities over our business rates liabilÉty, and the subsequent appeal, were found in our favour.
Throughout this period atteropts were made, once again: to balance our staffing requiremcnts in
accordallce with both our footfall and increasing costs. The increase in the Living Wage and the on-
going increase in costs of food and buijding materials continues to impact on the museunL
WorK as ever, continued with processing our ever-growing photographic collection with the nutllbers
atchived being approx. 300.000 black & white images, together with 50,000 colour images. We continue
to receive significant additions to this arcbive. tncome from the sale of photographic images continued to
be good during this period and shows no like]thood of decreasing.
We hav¢ been notified that we are the recipient of two rnajor legacies, one from the estatc of the late
Godfrey Stweart and the other from the late Alall Wycherley. Both of these will be substantial legaci
and are cxpected to be paid some time in 2025. A programme of capital works will be deterrniD¢d as a
result.
Writing the above, I am conscious of the similarity with the previous Repon. Despite the poor economic
situation and the probable reduction in disposable income, the MuseunL througb careful fitwicial
managemenL remains on a sound footing. It just remains for me, once agai￿ on behalf of all Trustees, to
tlw)k all those who contribute to the Muscum's success, in whatever NTry. Your efforts are ttuly
appreciated.
S A Williams (3rd August 20251

E KIDDERMtI%STER RAILWAY MUSEUM TRUST LIMITEJ)
A Co￿￿P￿T LIMITED BY GUARANTEE
TRUSTEES, ANNUAL REPORT
FOR THE YEAR LNDED 31st DECEMBER 2024
Statement of Disclosure of Information to Independent Examiners
We, the Directors of the company who held office at the date of approval of these Financial Statements.
as set out above, each confrn so far as wc are aware, that."
~ there is no televant inforn]ation of which the companvs independent examiners are unaware: and
- we have taken all the steps that we ought to have taken as directors in order to make ourselves aware
of any relevant inforn]ation and to establish that the companvs independent examiners are aware of that
inforn]ation.
Independent Examiners
A resoIution proposillg that Silver & Co. be rc-appointed as independent examiners of the charity will be
put to the Annual General Meeting.
This reportwas approved bytheBoardon...................................
Chairman

INDEPENDENT EKITrIINERS' REPORT TO TE￿ TRUSTEES OF
THE K￿DERmINSTER RALWAY MUSEUM TRUST LIMITED
We report on the accounts of the cotnpany for 'the year ended 3 1st December 2024 which are set
out on pages 8 to 17.
Respects"ve responsibillties of Trustees xnd Independent Examiners
The trustees (who are also the directors of the company for the puTroses of cornpany law) are
responsible for the preparation of the accounts. The trustees consider that an audit is not required
for this year under section 144 (2) of the Charities Act 2011 (the 2011 Act) and that an independent
examination is needed.
tlaving satistied myself that the Charity is not subjeKt to audit under company law and is eligible for
independent exan]ination, it is our responsibility to:
- examine the accounts under section 145 of the 2011 Act"
- foIlow the procedures laid down in the general directio￿$ given by the Charity Commission under
section 145(5)(b) of the 2011 Act" and
- stste whether particular njatters have come to my attention.
Basis of Independent Examiner's report
Our examination was carried out in accordance with the general directions given by the Charity
Commission. An cxamination includes a review of the accounting records kept by the charity and
omparison of the accounts presented with those records. It also includes consideration of any
unUsi￿1 iten]s or disclosure in the accounts, and seeking explanations from you as trustees concerning
any such matters. The pmccdures undertaken do not provide all the evidence that would be required
in and audit and consequently no opinion is given as to whether the accounts present a "true and fair
view" and the report is Iimited to those niatters sel out in the stateD￿t below.
Independent exmainer's statement
In connection with our examination, no matter has come to our attention".
l) which gives us reasonable cause to believe thaL in any n￿terIal respect, the requirements:
- to keep accounting records in accordance with section 386 of the Companies Act 2006. and
- to prep￿e accounts which accord with the accounting records, comply with the accounting
requirements of section 396 of the Companies Act 2006, and are in accordance with the methods
and principles of the charity comn]ission CCI 7a annual acccounts report.
have not been met. or

INDEPENDENT EXATrllNERS' REPORT TO THE MEMBERS OF
THE iaDDERMINSTER RAILWAY MUSEUM TRUST LIMITED
CONTINUED
2) to which in our opinion, attention should be drawn in order to enable a proper understanding of the
accounts to be reacbed.
The Hollies,
16, St. Joljns Street,
Brid￿Orth,
Shropshire.
WV15 6AG
Silver & Co.,
Indcpendent Examiners.

HE KtDD£RMINSTER RAILWAY MUSEUM IRUST LIMITED
A COMPANY LINIFTED BY GUAIL4KfEE
CONSOLIDATED STATEMENT OF FtNANCIAL ACTIVITIES
CLUDING SUMfvIARY INCOME AND EXPENDITURE ACCOIIN
FOR THE YEAR ENDED 31st DECEMBER 2024
Unrestricted Restricted
Funds
Funds
2024
2023
Notes
Incoming Resources
Donations and Legacies
Rent Received
Café Incorne
Hire of Premises
Grants and Other Income
Arts CoL￿ClI grant
Comtnission Jncome
Bank knterest Received
Signalling Weekend Fees
Bequests
Photos
Profit on Sale of Bridge
Profit on Salc of Bridge
2&3
2,520
2,520
7,226
65,650
2,974
65,650
2,974
56,505
5,517
100
2.320
993
1,371
I,(K)O
1,779
1.500
1,650
2,320
993
1,371
1,000
1,779
1,500
1,650
5.493
623
778
1,916
2,656
2&3
Total Incoming R¢sources
81.757
81.757
80,813
Resources Expended
Direct Charitable Expenditure..
Exhibition Costs and Loss on Sales
Propety hnprovements
Museum Overheads
29,265
29,265
29,671
Other Expenditure
managell￿nt & Administration
29,265
29,265
29,671
37,446
37,446
30,499
Total Resources Expended
66,711
66,711
60,171
Net tncoming Resources
Fund Balances Brought Forward
I st January 2024
Fund Balances Carried Forward
31 st December 2024
15.046
15,W6
20,642
296,437
212,555
508,992
488,350
311.483
212,555
524,038
508,992
All of the above results are derived from continuing activities. All gains and losses recognised in the
year are included above.

THE KtDDERTrL llliSTER RAILWAY MUSE￿￿ TRUST LIMITED
A COMPANY LIMITED BY GUARANTEE
BALANCK SHEET
AS AT 31st DECEMBER 2024
2024
2023
FIXED ASSETS:
Tangible assets
Intangible assets
Note
10
Ii
260,369
255,070
260,369
255,070
CURRENT ASSETS:
Stocks
Debtors due within one year
Short tertn dq)osits
Cash at Bank & in Hand
3,245
8,500
3,887
6,188
12
262,278
274,023
258,422
268,497
CREDITORS: amounts falling due within one year
13
(10,354)
(14,576)
NET CURRENT ASSETSI(LIABILITIES)
263,669
253,921
TOTAL ASSETS LESS CURRENT LIABILITIES
524,038
508,992
CREDITORS: amounts falling due after more than one year
14
NET ASSETS/(LIABILITIES)
524.038
508,992
FUNDS:
Unrestrieted Funds
General Funds
Designated Funds
311,483
296,437
311,483
296,437
Restricted Funds
212,555
212.555
TOTAL FUNDS
17
524,038
508,992
These accounts have been prepared in accordance with the provisions applicable to companies subject to
the small companies, regime and in accordancewith the Financial Reporting Standard for Smaller Entities
(effective April 2008).
The financial statements on pages 8 to 9 were approved and authorised for issue by the trustees on
j ? S:-:L,. A , 2LTis and signed on their behalf by:
Director

IHE KIDDERhllNSTER RAILWAY MUSEUM TRUST LIMITED
A COMPILW LLMtTED BY GUARANTEE
NOTES FORMING PART OF IHE FIN￿'CIAL STATEMENTS
FOR THE YEAR El￿ED 31st DECEMBER 2024
Accounting Policies
(a) Basis of preparatio
The fmanGial statements have been prepared under the historical cost convention, with the
exception of investments which are Èncluded at market value. The fjnancial statements have
been prepared in accordance with the Statement of Recommended Practice (SORP),
"Accounting and Reporting by Charities" published in 2005 and the Financial Reporting
Standard for Smaller Entities (effective ApriI 2008).
The charity has availed itself of P2ragraph 4(1) of Schedule l of the Small Companies and
Groups (Accounts and Directors, Report) Regulations 2008 and adapted the Companies Act
fonnats to reflect the special nature of the clwitys activities. No separate SOFA has been
presented for the charity alone as pernlitted by Section 408 if the Companies Act 2006 and
paragraph 397 of the SORP.
(b) Company Status
The charity is a company lirnited by guarantee. The menthers of the company are the trustees
named oll page l. In the event of the charity being wound up, the liability in respect of the
guarant¢e is lin]ited to £1 per member of the charity.
(c) Fund Accounting
General funds are unrestricted fimds which are available for use at the disuetion of the
trustees in furtherance of the general objectives of the charity and which have not been
designated for other purposes.
Designated funds comprise unrestricted ftLnds that have been set &side by the trustees for
particular purposes. The aim and use of each designated fwld is set out in the notes to the
financial statements. Restricted funds are funds Thhich are to be used in accordance with
specific restrictions in)poscd by donors or which have been raised by tbe charity for particular
purposes. The cost of raising and administering such funds are chatged against the specific
fund. The aim and use of each restricted fLmd is set out in the notes to the fllwicial statements.
Endownwit funds represent those assets which must ne held pern]anently by the charity,
principally investments. Income arising on the endowment funds can be used in accordance
with the objects of the charity and is included as unrestricted income. Any capital gains or
losses arising on the investments forni part of the fund. Investtnent management charges and
legal advice relating to the fimd are charged agaiLst the fimd.
Investment income and gains are allocated to the appropriate fund.
Jo

li
THE K[DDER￿[tNsTER RAILWAY MUSEUM TRUST LIMIIED
A COMPANY LINirrED BY CUARLNTEE
NOTES FORNIING PART OF THE FLNANCIAL STATEMENTS
FOR THE YEAR EI%DED 31st DECEMBER 2024
(d) Incoming Resources
All incoming resources aTe included in the SOFA when the charity is legalIy entitled to the income
and the amount can be quantifIed with reasonable accuracy. For legacies, entitlement is the earlier
of the charity being notified of an impending distribution or the legacy being received.
Gifts in kind donated for distribution are included at valuation and recognised as income when they
are distributed to the projects. Gifts donaQd for resale are included as income when they are sold.
Donated facilities are included at the value to the charity where this can be quantified and a third
paty is bearing the cost. No amounts are included in the financial statements for services donated
by volunteers.
(e) Resources Expended
All expenditure is accounted for on an accruals basis and has been clasified under headings that
aggregate all costs rclated to the category. Where costs cannot be directly attributed to particular
headings they have been allocated to activities on a basis consistent with use of the resources.
Premises overheads have been allocated on a floor area basis and other overbeads have been
allocated on the basis of the head count.
Fund-raising costs are those incurred in seeking voluntary contributions alld do not include costs of
disseminating infonnation in support of the charitable activities. Support costs are those incurred
direct]y in support of expenditure on the objects of the charity and include project management
carrtcd out at Headquarters. Management and administration costs are those incurred in connection
with administration of the charity and compliance with constitutional and statutory requirements.
(l) Tangible Fixed Assets and Depreciation
Tangible r￿ed assets costing more than £1,000 are capitalised and included at cost including any
incidential expenses of acquisition.
Depreciation is provided on all tall￿￿1¢ fixed assets at rates calculated to write off the cost on a
straight line basis over their expected useful lives as follows-
Plant and Equipment
Fixtlll-es and Fittings
Office Equipment
25 /0 PCT annum reducing balance.
l O /0 per annum reducing balance.
25 % per annum reducing balance.
(g) Investments
Investtnents are stated at market value at the balance sheet date. The SOFA includes thc llet gains
and losses arising on revaluations and disposals throughout the year.
li

THE K￿D￿RML￿sTER RAILWAY MUSEUM TRUST LIMITED
A COhlPANY LIMITED BY GUARANTEE
NOIES FOR￿llNG PART OF THE FLWANCIAL STATEMENTS
FOR THE YEAR ENDED 31st DECEMBER 2024
CONTINUED
(h) Stock
Stock consists of purchased goods for resale. Stocks are valued at the lower of cost and net
reaIisable value. Items donated for resale or th"siribution are not incIuded in the f￿￿1claI
statements until they are sold or distributed.
(i) Pension Costs
The charity does not yet operate a contribution schemc for it's enwloyees.
ti) Finance and Operatfing Leases
RentaRs applicable to operating leases are charged to the SOFA over the period in which the
cost is incurred. Assets purchased under fmance lease are capitalised as fixed assets.
Obligations under such agreements are included in creditors. The difference between the
capitalised cost and the total obligation under the lease represents the finance charges. Financc
charges are ￿Itten off to the SOFA over the period of the lease so as to produce a constant
periodic rate of charge.
(k) Foreign Currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction.
Monetsry assets and liabilities are retranslated at the rate of exclwige nlling at the balance
shect date. All dtfferences are taken to the SOFA.
12

THE KIDDERMINSTER RAILWAY MUSEUM TRUST LIMITED
A COIMPANry LIMITED BY GUARANTEE
NOTES FORMING PART OF THE FINANCIAL STATEMENTS
FOR THE YLiR ENDED 31st DECENIBER 2024
CONTINUED
Donations and Gifts
2024
2023
Individuals
Charitable Foundations
Bequest Donations received (non-restricted)
Corporate Donors
Gifts in Kind
2,520
7,226
1,000
1,916
3,520
9,142
LegyAcies
The charity received during the year a bequest of £1,000
Merchandislng IDcome and Costs
2024
2023
Merchandising Income
93,277
81,359
Cost of Sales
A(tministrative Expenses
27,627
37,446
24,854
30,499
MercI￿ldis1llg Expenses
65,073
55,354
sU￿lUs
28,204
26,006
Investmeot Income
2024
2023
Interest Receivable
Dlvidends Receivable from Equity Shares
Dtvidends Receivable from Investtnents and Unit Trusts
993
623
993
623
13

THE KIDDERM[￿sTER RAILWAY MUSEUM TRUST LIMITED
A COMPMW LIMITED BY GUARLNTEE
NOTES FORMING PART OF THE FINANCIAL STATEMENTS
FOR THE YEAR E￿7)ED 31st DECETrIBER 2024
CONTtNUED
6 Total Resources Expended
OTHER
OTHER
STAFF DIRECT ALLOCATED TOTAL
COSTS COSTS
COSTS
2024
TOTAL
2023
Fund-raising Costs
Merchandising Costs
Inforniation and Education
Support Costs
Management and Administration
20.718
8,547
29,265
29,671
37,446
37,446
30,499
Total Resources Expended
?0,718
45.993
66,711
60,171
Other direct costs include:
2024
2023
Examiners Remuneration (including expenses and benefits in kind):
Independent Examiners Fee
Accountancy, Taxation and Other ServiGcs
Operating Lease Rentals
Depreciation - on Owned Assets
Depreciation - on assets held on finance leases and hire purchase contracts
Finance Lease Interest
3,720
4,083
2,283
2.445
6,003
6,528
7 Trustees Remuneration
The trnstees neither received nor waivered any emoluments during the year (2023 £Nil).
They also did not receive any out of pocket expenses.
8 Staff Costs
2024
2023
Wages and Salaries
Social Security Costs
Pension Costs
20,718
17,502
20,718
17,502
Therc were llo employees earning more than £60,000, and no staff received any emoluments that
need to be defjned for taxation purposes.
There were no full-time staff members during the year. The staff work on a part-time ad hoc basis.
14

THE KIDDERMThST£R RAILWAY MUSEUM TRUST LIMITED
A COMPANY LIMITED BY GUARAYfEE
NOTES FORMING PART OF THE FINANCIAL STATEIIIENTS
FOR THE YEAR ENDED 31st DECEMBER 2024
CONTINUED
Pension Costs
There was no Pension Scheme operated by or on behalf of the clwity during the year.
10 Tangible Fixed Assets
Plant &
O￿lCe
ui
Land &
Pro
Fixtures &
s Relics
er
rovments
Total
Cost as at I st January 2024
Additions
Disposal
Cost as at 31 st December 2024
31,761
991
51.729
85,133
155,705 324,328
9.091
10.082
(2,500) (2,500)
162,296 331,910
32,752
51,729
85,133
DepreciatLon as at I st January 2024
Charge for Year
Depreciation as at 31 st Decembcr 2024
28.462
1,072
29.534
39,627
1,210
40,837
1,170
69,259
2,282
71,541
1,170
Net Book Value at 31 st Decernber 2024
3,218
10,892
85,133
161,126 260.369
Nct Book Value at 3 1st December 2023
3,299
12,102
85,133
154,535 255,068
I l Fixed Asset Investments
The Charity had no fixed asset investments during the year.
12 Debtors
2024
2023
Trade Debtors
Legacies
Other Debtors
Amount owed by Subsidiary Undertaking
Prepayments and Other Accrued Income
8,000
500
6,188
8,500
6,188
15

THE KIDDERMINSTER RAILWAY MUSEUM TRUST LIMITED
A COMPANY LIMITED BY GUARANfEE
NOTES FORMING PART OF THE FINANCIAL STATEMENTS
FOR THE YEAR EWDED 31st DECE.MBER 2024
CONTINUED
13 Creditors . Amounts Falling Due Withln One Year
2024
2023
Trade Creditors
Taxation and Social Security Costs
Othtt Creditors
Obligations under Finance Leases
Accruals and Defetted Income
748
5,088
5.887
5,887
3,720
10,355
3,600
14,575
14 Creditors . Amounts Falling Due After More Than One Year
The Charity had no Creditor amounts outstanding duc after more than one ye￿.
15 Obligations Under Finance Leases
The Charity had no Obligations under finance leases during the year.
16 Financial Commitments
Th¢ Charity had no Financial con]mitinents during the y&qr.
17 Statement of Funds
Investment
Gains
enditsre fftansfers
Asat
0110112024 Ineome E
A$at
31/1212024
Unrestricted Funds
296,437 81,757
(66,711)
311,483
Total Unrestrictsd Funds
296,437 81,757
(66,711)
311,483
lllvestment
Gains
Asat
enditure ITransfers 3111212024
Asat
0110112024 Income Ei
Restricted Funds
212,555
212.555
Total Restricted Funds
212,555
212,555
Total Funds
508,992 81,757
(66,711)
524,038
The Restricted Funds represent the estin]ated rnarkct value of exhibits over and above cost to the
company, as well as a bequest receive(t
16

THE KIDDERMt¥STER IL4ILWAY MUSEUM TRUST LIMITED
A cO￿IPANy LIMITED BY GUARANTEE
NOTES FORMLVG PART OF THE FINANCIAL STATEMENTS
FOR THE YEAR Eh])EJ) 31st DECEMBER 2024
18 Analysis of Group Net Assets Between Funds
The Charity is not part of a Gmup and there fore Iw no group nct assets.
19 Subsidiary Company
The Charity does not have any Subsidiary income. expenditure or funds.
20 Cash Flow Information for the Group
As the Charity is not part of a Group a Group Cash Flow is not required.
17