## **Trustees’ Annual Report for the period**
**From: 29[th] November 2023 Period start date To: 28[th] November 2024 Period end date**
**Charity name: The Robey Trust Ltd**
**Charity registration number: 1089025**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To advance public STEM education in all**
**aspects of the design, building, function,**
**maintenance and operation of heritage**
**engineering items, including steam**
**engines, plant, apparatus and equipment**
**and in particular engines made by Robey**
**of Lincoln, and to this end acquire,**
**restore, operate, preserve and display**
**them for the benefit of the public.**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19||
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**In all activities carried out in the year the**
**trustees have had regard to the guidance**
**on Public Benefit issued by the charity**
**commission.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference|
|---|---|
||Para 1.38|
|Policy on grant making||
||Para 1.38|
|Policy on social investment||
|including program related||
|investment||
||Para 1.38|
|Contribution made by||
|volunteers||
Other
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**Despite challenging circumstances of**
**costly transport we attended and**
**provided support to a number of local**
**events in Tavistock and to events**
**elsewhere in the Devon & Cornwall**
**region. All these events raise money for**
**various charities as well providing**
**education and entertainment for the**
**visiting public.**
**Additionally, various visiting groups of**
**enthusiasts had organised visits to our**
**premises where stationary engines were**
**demonstrated, a road engine was in**
**steam and detailed brief on the products**
**of Robey of Lincoln and steam traction**
**were provided. Both the distant events**
**and events held at our ‘works’ are in line**
**with our status as an educational charity.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|
Achievements against
objectives set|
Para 1.41||
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**There was a net cash inflow of £8,754.85**
**during the year. Closing bank balance**
**was £26,568.29 comprising £12,289.43 in**
**the Current Account, £1,666.72 in Cash**
**and £12,612.14 in the Restricted Fund,**
**which is primarily ring fenced for**
**Stumbles’ boiler repairs but now also**
**containing a smaller amount for the Tri-**
**tandem (income from driving**
**experiences) and £5,000 for interest**
**earning purposes.**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Steam vehicles require periodic repair**
**works to boilers, which can be an**
**irregular but significant outlay. The**
**building requires ongoing maintenance**
**works. Both of these require money to**
**be held in reserve for the occasions that**
**significant spending is required.**|
|Amount of reserves held|Para 1.22||
|Reasons for holding zero
reserves|Para 1.22||
|Details of fund materially in
deficit|Para 1.24||
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23||
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|
|---|---|---|
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**Events and donations**|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46|**Inflation’s effect on running costs and the**
**ability to keep up with this inexorable rise**
**through fundraising etc.**
**Access to quality steam coal allowing the**
**continued running of the road steam**
**fleet, the biggest attraction for the public.**|
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Memorandum and Articles of Association**
**dated 30th May 2001.**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Limited company registered as a charity**
**on 24th October 2001.**|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**New trustees can be nominated for**
**selection during the annual AGM, thus**
**the membership is free to nominate a**
**candidate, independent of the board.**
**Trustees are required to stand for re-**
**election every three years.**
**Occupation of posts (chair, treasurer etc)**
**decided by Trustees.**|
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|
|---|---|---|
|Policies and procedures
adopted for the induction and
training of trustees|Para 1.51||
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charity name|The Robey Trust Ltd|
|---|---|
|Other name the charity uses||
|Registered charity number|1089025|
|Charity’s principal address|The Works
Parade Business Park
Pixon Lane
Tavistock
PL19 9RQ|
|||
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||A Masters|Chair|||
||H Edwards||||
||J Ayland|Secretary|||
||B Edwards|Treasurer|||
||J Turner||||
||G Skinner||||
||S Parrott||||
||S Ellis||||
||||||
||||||
||||||
||||||
||||||
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– Corporate trustees names of the directors at the date the report was approved **Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
## **Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)** B Edwards **Full name(s)** Bryan Edwards **Position (eg Secretary,** Treasurer **Chair, etc)**
**Date**
8/10/2025
## The Ltd Robey Trust
Registered Office: **The Works** Parade Business Park Pixon Lane, Tavistock, Devon PL19 9RQ www.therobeytrust.co.uk
**Supported by The Heritage Lottery Fund** Registered Educational Charity No 1089025 A Company Limited by Guarantee No 4225304
## **Summary Income & Expenditure Accounts for Year Ending 28 November 2024**
|**Income**|||**Expenditure**|||
|---|---|---|---|---|---|
||current year|_prior year_||current year|_prior year_|
|Subscriptions|839.00|_786.00_|Engine Costs|5,229.26|_3,329.49_|
|Donations|4,176.49|_5,429.72_|Capital Expenditure|1,242.00|_0.00_|
|Steam Fair & Events|16,205.50|_11,556.09_|Premises Cost|5,142.57|_5,776.47_|
|Building Grants|0.00|_0.00_|Historic Artefacts|0.00|_0.00_|
|Restoration Grants|0.00|_1,612.38_|Steam Fair & Events|4,505.00|_6,983.34_|
|Loans|0.00|_0.00_|Administration|237.41|_157.39_|
|Merchandise|1,000.00|_1,134.39_|Consumables|253.01|_135.49_|
|Miscellaneous|5,514.18|_4,347.49_|Miscellaneous|2,371.07|_1,817.65_|
||**£27,735.17**|**_£24,866.07_**||**£18,980.32**|**_£18,199.83_**|
|Add Opening Balance|17,813.44|_11,147.20_|**Funds**|||
||45,548.61|36,013.27|TSB Bank - Current A/c|12,289.43|_12,150.63_|
||||TSB Bank - Restricted Funds A/c|12,612.14|_4,712.55_|
|Less Expenditure|18,980.32|18,199.83|Cash in Hand|1,666.72|_950.26_|
|**Closing Balances**|**£26,568.29**|**_£17,813.44_**||**£26,568.29**|**_£17,813.44_**|
For the year ending 28[th] November 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with Section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
- These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Signed:
Director
## **Independent Examiner’s Report to the Trustees of The Robey Trust Ltd Charity no. 1089025**
I report to the trustees on my examination of the accounts of The Robey Trust Ltd (the Charity) for the year ended 28[th] November 2024.
## **Responsibilities and basis of the report**
As the charity trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. Accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. The accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Ian Barrett FCA FCIE Barretts 22 Union Street Newton Abbot TQ12 2JS
23[rd] October 2025
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