| Reference and Administrative | Reference and Administrative | Details | |
|---|---|---|---|
| Trustees' Report | 2to5 | ||
| Independent Auditors' |
Report | 6to9 | |
| Statement of Financial | Activities | 10 | |
| Balance Sheet | |||
| Notes to the Financial | Statements | 12to 22 |
| Trustees | BDavies | ||||||
|---|---|---|---|---|---|---|---|
| N E Bayley | |||||||
| R Chapman | |||||||
| Cllr A CCheetham | |||||||
| Cllr JJohnson | |||||||
| M W Kelly | |||||||
| CRLaw | |||||||
| C E Morris | |||||||
| Cllr P Rush | |||||||
| 5 M Serridge | |||||||
| Cllr BSheerin | |||||||
| Registered | Office | Town Hall | |||||
| Knowsley Street | |||||||
| Bury | |||||||
| Lancashire | |||||||
| BL9OSW | |||||||
| The Trust is incorporated | in Wales. | ||||||
| Company | Registration | Number | 01865059 | ||||
| Trust Registration | Number | 701034 | |||||
| Bankers | National Westminster |
Bank | |||||
| Auditor | Horsfield &Smith |
||||||
| Tower House | |||||||
| 269Walmersley | Road | ||||||
| Bury | |||||||
| Lancashire | |||||||
| BL96NX |
| The trustees and offic |
ers serving during the year and sinc | e t | he year end were as |
|---|---|---|---|
| Trustees: | 8 Davies | ||
| N E Bayley (appointed | 12September 2022) | ||
| R Chapman | |||
| Cllr A CCheetham | |||
| Cllr JJohnson | |||
| M W Kelly | |||
| CR Law | |||
| C E Morris (appointed | 12 | September 2022) | |
| Cllr P Rush (appointed | 12September 2022) | ||
| S M Serridge (appointed | 12September 2022) | ||
| Cllr BSheerin (appointed | 12September 2022) |
| AND STATEME | NT OF | TOTAL | RECOGNISED | GAINS AND | LOSSES) | |
|---|---|---|---|---|---|---|
| Total | Total | |||||
| Unrestricted | Restricted | 2022 | 2021 | |||
| Note | E | f | f | E | ||
| Income and Endowments | from: | |||||
| Donations and legacies |
2 | 30,000 | 30,000 | 29,271 | ||
| Investment income |
3 | 660 | 660 | 1,402 | ||
| Other income | 4 | 19,621 | 19,621 | 19,622 | ||
| Tota I Income | 50,281 | 50,281 | 50,295 | |||
| Expenditure on: |
||||||
| Raising funds | 31 | 31 | 72 | |||
| Charitable activities |
(63,735) | (63,735) | (332,995) | |||
| Tota I Expenditure | (63,704) | (63,704) | (332,923) | |||
| Net expenditure | (13,423) | (13,423) | (282,628) | |||
| Net movement in funds |
(13,423) | (13,423) | (282,628) | |||
| Reconciliation offunds |
||||||
| Total funds brought | forward | 805,615 | 390,427 | 1,196,042 | 1,478,670 | |
| Total funds carried | forward | ]7 | 792,192 | 390,427 | 1,182,619 | 1,196,042 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Note | f | f | |||
| Fixed assets | |||||
| Tangible assets | 10 | 444,076 | 463,689 | ||
| Investments | 11 | 390,427 | 347,091 | ||
| 834,503 | 810,780 | ||||
| Current assets | |||||
| Debtors | 12 | 55,206 | 325,049 | ||
| Investments | 13 | 261,217 | 295 | ||
| Cash at bank | and in | hand | 14 | 85,747 | 65,207 |
| 402,170 | 390,551 | ||||
| Creditors: Amounts | falling due within one year | 15 | (54,054) | (5,289) | |
| Net current | assets | 348,116 | 385,262 | ||
| Net assets | 1,182,619 | 1,196,042 | |||
| Funds ofthe | Trust: | ||||
| Restricted income funds | |||||
| Restricted Funds |
390,427 | 390,427 | |||
| Unrestricted | income funds | ||||
| Unrestricted | Funds | 792,192 | 805,615 | ||
| Total funds | 17 | 1,182,619 | 1,196,042 |
| Unrestricted | funds | Total | Total | |||
|---|---|---|---|---|---|---|
| Designated | General | 2022 | 2021 | |||
| Note | f | E | f | f | ||
| Allocated support | ||||||
| costs | 39,773 | 19,900 | 59,673 | 329,611 | ||
| Governance | costs | 4,062 | 4,062 | 3,384 | ||
| 39,773 | 23,962 | 63,735 | 332,995 |
| Activity | |||||
|---|---|---|---|---|---|
| undertaken | Grant funding | Total | Total | ||
| directly f |
ofactivity E |
2022 E |
2021 f |
||
| Maintenance | ofstructures | 19,900 | 29,148 | 49,048 | 273,666 |
| Development | projects | 10,625 | 10,625 | 55,945 | |
| 19,900 | 39,773 | 59,673 | 329,611 |
| Unrestricted | |||
|---|---|---|---|
| funds | Total | Total | |
| General | 2022 | 2021 | |
| E | f | f | |
| Audit fees | |||
| Audit ofthe financial statements | 4,062 | 4,062 | 3,384 |
| 4,062 | 4,062 | 3,384 |
| Net outgoing | resources for the year include: | ||
|---|---|---|---|
| 2022 | 2021 | ||
| f | f | ||
| Audit fees | 4,062 | 3,384 | |
| Depreciation | offixed assets | 19,613 | 19,613 |
| 10Tangible fixed as | sets | ||||
|---|---|---|---|---|---|
| Freehold | |||||
| Property | Trackwork | Stations | Bridges | Total | |
| f | f | f | f | f | |
| Cost | |||||
| At 1April 2021 | 47,097 | 239,640 | 636,053 | 57,836 | 980,626 |
| At 31March 2022 | 47,097 | 239,640 | 636,053 | 57,836 | 980,626 |
| Depreciation | |||||
| At 1April 2021 | 28,586 | 118,242 | 340,512 | 29,597 | 516,937 |
| Charge forthe | |||||
| year | 942 | 4,793 | 12,721 | 1,157 | 19,613 |
| At 31March 2022 | 29,528 | 123,035 | 353,233 | 30,754 | 536,550 |
| Net book value | |||||
| At 31March 2022 | 17,569 | 116,605 | 282,820 | 27,082 | 444,076 |
| At 31March 2021 | 18,511 | 121,398 | 295,541 | 28,239 | 463,689 |
| Other investments | |||
|---|---|---|---|
| 2022 | 2021 | ||
| f | f | ||
| Other investments | 390,427 | 347,091 | |
| 12Debtors | |||
| 2022 | 2021 | ||
| f | f | ||
| Due from related undertakings | 24,526 | 317,648 | |
| Prepayments | 29 | ||
| Accrued income | 651 | 1,401 | |
| Other debtors | 30,000 | 6,000 | |
| 55,206 | 325,049 | ||
| 13Current asset investments | |||
| 2022 | 2021 | ||
| f | f | ||
| Listed other shares | 326 | 295 | |
| Cash deposits | 260,891 | ||
| 261,217 | 295 | ||
| 14Cash and cash equivalents | |||
| 2022 | 2021 | ||
| f | f | ||
| Cash at bank | 85,747 | 65,207 | |
| 15Creditors: amounts | falling due within one year | ||
| 2022 | 2021 | ||
| f | |||
| Other creditors | 54,054 | 5,289 |
| 17Funds | ||||||
|---|---|---|---|---|---|---|
| Balance at 1 | Incoming | Resources | Balance at 31 | |||
| April 2021 | resources | expended | March 2022 | |||
| f | f | f | f | |||
| Unrestricted funds |
||||||
| General | ||||||
| General Funds | 527,503 | 20,281 | (23,931) | 523,853 | ||
| Designated | ||||||
| Maintenance | Fund | 84,057 | 30,000 | (29,148) | 84,909 | |
| Development | Fund | 194,055 | (10,625) | 183,430 | ||
| 278,112 | 30,000 | (39,773) | 268,339 | |||
| Total unrestricted | funds | 805,615 | 50,281 | (63,704) | 792,192 | |
| Restricted funds | ||||||
| Maintenance | Funds | 390,427 | 390,427 | |||
| Total funds | 1,196,042 | 50,281 | (63,704) | 1,182,619 |
| The analysi | s of the o | riginal make up ofthe fund is as follows |
:- | |
|---|---|---|---|---|
| 2022 | 2021 | |||
| f | f | |||
| Greater Manchester | Council | |||
| Engineering | works | 183,000 | 183,000 | |
| Building works | 75,000 | 75,000 | ||
| Promotion | and marketing | 34,000 | 34,000 | |
| 292,000 | 292,000 | |||
| Rossendale | Borough Council | 60,000 | 60,000 | |
| 352,000 | 352,000 | |||
| Previously | released | to income and expenditure | (157,945) | (102,000) |
| Release to | income this year | (10,625) | (55,945) | |
| 183,430 | 194,055 |
| Total funds at | |||||
|---|---|---|---|---|---|
| Unrestricted | funds | Restricted | 31March | ||
| General | Designated | funds | 2022 | ||
| E | f | f | f | ||
| Tangible | fixed assets | 444,076 | 444,076 | ||
| Fixed asset investments | 390,427 | 390,427 | |||
| Current | assets | 133,831 | 268,339 | 402,170 | |
| Current | liabilities | (54,054) | (54,054) | ||
| Totalnet | assets | 523,853 | 268,339 | 390,427 | 1,182,619 |
| Total funds at | |||||
| Unrestricted | funds | Restricted | 31March | ||
| General f |
Designated f |
funds f |
2021 f |
||
| Tangible | fixed assets | 463,689 | 463,689 | ||
| Fixed asset investments | 347,091 | 347,091 | |||
| Current | assets | 69,103 | 278,112 | 43,336 | 390,551 |
| Current | liabilities | (5,289) | (5,289) | ||
| Total net assets | 527,503 | 278,112 | 390,427 | 1,196,042 |