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|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|
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|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||||
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|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)|
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|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|
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|||||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|
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||||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|
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||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|
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|Net outgoing|resources for the year include:|||
|---|---|---|---|
|||2022|2021|
|||f|f|
|Audit fees||4,062|3,384|
|Depreciation|offixed assets|19,613|19,613|
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|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|
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|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|
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|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|
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|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|
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||||||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|
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