**RAILWAY VEHICLE PRESERVATIONS LTD** 

## **Minutes of the Members Meeting held on the 7th December 2024 at the Wheatsheaf Inn, Thurcaston, Leicestershire.** 

Members present:  A.Fillingham  (Chair). K. Allen (Secretary). P.Harrison (Director). M.Lang (Director). G.Maslin (Director), T.Thompson, A.Bennett, R.Finnimore, A.Storey,  R.Bulmer, D.Pearce, J.Toplis, A.Shopland and R.Drew. 

The Chairman welcomed members to this year’s meeting at 12.00 hours. 

Apologies received: J.Pearce, A.Wood, R.Tinsley, M.Robinson, D.Eldridge, D.Petterson, L.Field, B.Attwell, E.Lord, D.Thomas, B.Hall and N.Smith. 

The meeting unanimously approved the circulated minutes of the last general meeting held on 9[th] December 2023. 

The circulated draft accounts were described by the Chairman and copies were provided to the members. The accounts were unanimously accepted by the members. 

There were no notified motions to consider. 

The Chairman invited comment and questions from the floor. Matters discussed included: 

- Alan Voase is no longer a director and trustee 

- TPOs – 2 coaches underway and another to be started in 2025 

- Generator now in use at Swithland shed 

- TTO progress – teak panels now being fitted 

- Major work needed on the TPO ground net equipment at Quorn 

- Hoping to operate the TPO on the GCR in Autumn 2025 

- Buffet car – being worked so that it can return to service in 2025 

- Swithland container and storage options 

- RVP container at Rothley being in poor condition 

- Very successful 2024 raffle 

The meeting closed at 1.30pm and lunch was then enjoyed by all. The session closed at 3.15pm. 



REGISTERED COIIP.4%1' N L'IIBER: 01408829 IEn£l*nd ¥Jnd M xlts)
REGISTERED CHARITI NL'IIBER: 1095123
Report of the trustees and
Unaudited Financial Statements for the Year Ended 30th April 2024
for
Railway Vehicle Presen'8tions Limited

Railwa), Vehicle Pre5ervylions Limiled
Contents of the Financial .Sti)tement5
for the Year Ended Joth April 2024
Page
ReFK)rt of the Trustees
1103
Statement of Financial Activities
Balance Sheet
5t06
Notes lo the Financial Stalemenls
7t0 10
Independent Examination

Railway Vehicle Preservations Limited
Report of the Trustees
for the Year Ended Joth April 2024
The trustees who arl a150 directors of the charity for Ihc purpo4L.% i)l- th¢ C(ImpdniLs ALI 21111(), prcsent their
report iyiih the financial %taiements of ihe chdriiy lor the yL"ar endLd 311th April 21124. '1'hL' tru%loLS have adop¢ed
the provisions of Accouniing and Reporling bj, (."hariiics.' Siatcmeni ()l- IleLommLndLd I
r<￿tILl £ippli¢ablc to
chariiies preparing their accounts in accordance with the l--inancial Rcporting Standard appli¢ablL in ihi IJK and
Republic of Ireland (FRS 1021 lel'lectii'c l January 20151.
OWECTIVES AND ACTIVITIES
Objectives #nd aims
The charity is constituted &s a company limilcd b}, guic rant¢c wilh share capital and is therelorc governed by its
memorandum and articlcs of assc)Liatii)n. 'I"his rLquir¢b that the incomc and property of thc compan J shall be
solel). restricted toii'ards (he promolion ()I' its nhjLCts. -I"hL charitj's objL"Lt and its principal activity in the year
under revieii, continues to bc ihat ol- Ihe restui'alion, main(enan¢c and operation of ils ￿)11Cc110n of vehicles of
historic interest.
Public benefit
The charitN S Irust¢e5 have had regard to the charit￿ ComTlli5sion's guidance on public benefit and they consid¢r
thai ihe charity's main activiiies are undertaken for the public ben¢fi¢.
ACHIEVEMEYT APYD PERFORMANCE
Developmen( Activitie$ 4nd Achievements
Useful progress i¥as made during the ) ear ￿1th progress being tnadc on thc ongoing rcstoration of the
Coach 23981 and l-PO Tcnder ¥11438. The oK'erhaul i)I'thc Beavertail No 1719 w'as concluded and thc c(Trach
h&8 re-cntered revcnuc-eaming scrvice at Strathspcy Railwa>'.
The final fitting out of the s￿.]th1and Shcd has been finished with both storage roads fully extended to the back
of the Shcd and the floor p#rtidlly concreted.
Beal'ertail Coach 1729 remains in safe and secur¢ storage. There are currenily no plans for the vchiclt uniil a
suitable alternaiibe location can be 5CLurcd lor it.
The financial strength of the company remains sound and w¢ look forward to incrcdsing our overdll prow.

RMllThMy V¢lilelL' I'ri'*L'rviill(11)li l.Imlled
Reporl of tlic. TrustL¢'s
for Ihc Ycur Tr.n(IL.d 301h April 2024
IN'.-INCIAL REI'IEW
Financial position
During the i'¢ar. net Oulgoing re50ufLL% l)n unreslriclcd fiinds allcT transfers am()unled to £9.21212U23
OU(going.' £24.620) and nei ()Ulgoing rcsource% on rcs(rictLd lunds Hmounlcd ti) £15,44312023 outgoing..
£1.7311.
The balance on unre8lricted re%¢ri'cs ai ihi }'Cill'.enJ amounicd ii) £129.99112023.. £139,203). The balance on
restricled rcscTh'es at the i'ear-¢nd amc)uniL¢J li) 113.711 {2023.. £29,154).
Resen'es poliei
I"he trustCCS' PK)lic! on re8m'cs is (hat th¢5¢ shall so lar as practic￿1} b¢ held in interest bearing deFX)Slt accounts.
The compan! has no endo%¥ment lunds. The compdny's prdLtiLe 15 lo estimate the amount required for a major
pr()jc¢i and ihen raise an appcal for this aTnount. In othcT cases. inLI)mc dctcrmines ￿hat projeetS the company
ndcnakes. the direciots d¢l¢rmining whethcr the company can undertakc a particular project in the light of its
firtancial wsilion.
Fund5 in deficit
Thcre were no fvnds in defici¢ at the year-end.
FUTIIRE PLANS
There are no ￿ignifI￿An1 fuiure dcv¢lopmenis exeept a5 mentioned a￿Ve. There hai'e I￿) no events affecting
aciii'ities sinc¢ the lear end.
STRIICTLIRE. GOVERNANCE AND MANAGEMENT
Go¥eming docL2menl
Thc charity. is controlled b). its governing documeni. its Mcmorandum and Articles ol-Association. and
con5lltutes a limiied compan)., limit¢d by guarantee. as delin¢d by the Compani¢s Aci 21K)6.
OrgJDlS*tioD*l structure
The cornpany has no oflice apart from its registered uifiL¢,' its actii'iiies are principall J c￿led on at Rothl
Ststion. Leicest¢rshirc. Th¢r¢ ha5 been no signilicani Lhange in lh¢ companl's aci1¥ itl. and ihe Llir¢ciors d(} noi
anticipa￿ any change. Th¢r¢ hav¢ bccn no financiall> signiliLanl ¢N'¢nls Since the end ol thc finanLia] N"ear.
Rel*ted parties
l-here is no relationship with anj. relaied part) ()r ()ther charily exLept far lh¢ iompan> som¢iimes r¢Cel￿eS
granis, nornially for specific projeL'ls, from oiher bodies: the granis rel'eived during th¢ Near are sci oui below.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
01408829 (England and Il'alLsI
RegSytered Cbarlty number
1095123
R¢glJter¢d offiee
ShLaves
Upper Cornsland
Br¢nlw(J(Jd l..Jy¢x
CM1441111
Trui¢e¢i
MLan
G E Maslin
P Harrison
A Voage
A P Fillingham Chairnidn

Railwa). Vehiclt Pr¢5¢Th'ations Limited
Report of the Trustees
for the Y¢#r Ended 30th April 2024
Comp*ny Secret$r)'
D C Peiierson
REFEREP*CE AND AD￿lINISTILlTIN'E DETAII
Bankers
CAF Bank Limited
25 Kings Hill Avcnue
Kings Hill
Wesi Malling
Kent
ME19 4JQ
National Wc5ttnin5ter Bank PIC
250 BiShO￿gaie
l.ondon
EC2NI 4AA
This reFKin has been preparcd in accordance with thc special provisions of Part 15 of the Companies Ad 2(K)6
relating 10 Small Companies.
Approved by order of ihe FK)ard of tnjstecs on
2024 and signcd on its behalf by-.
A P Fillingham- Trnstec

Railway Vehicle PrL's¢rvxlioiis Limiled
.(iiiil('.mt'nl of li iiiiinliiil ALtiviliLS
(Incorpoi'iitiiig iin I iicoiiie Aii(I r.xpLn(lilvrc' Account)
foi. the Year Fiiiled 30tlI April 2024
30.4.24
I'ot91
runds
Unro5tricled
ruiids
31J.4.23
'ri)tal
fundi
Restricted
funds
Note
INCOME AND ENDOWMENTS FROM
txinations and legacies
Other trading actii'ities
Investments income
Sundry income
Total
8.248
19,902
677
00
30,127
8.248
19.902
677
00
30,127
7,592
4,482
546
12,620
F.XI)ENDII-IIRE ()NI
Chatitgble activities
Re8loraiion
Other
Total
31,0.$4
15,443
46,497
34.347
971
NET INCOMEIEXPENSES
(9.212)
(15,443)
(24,6551
{26J51)
Trdnsfer be￿e¢n funds
NET MOVEME,YT IN FUNDS
(9212)
{15.4431
(24.6551
{26J511
RECONCILIA TION OF FUNDS
Toial funds brought foThi'ard
CONTINUING OPERATIONS
All income and expenditure has arisen from conlinuitig a¢liviti¢s.
The noie5 fonn pari of these Ilnanclal stal¢n)¢nls

ei
Raih"•i" I'ehicle Presen"xtions Limiied
Ba12Dce Sbe¢l
for tbe Year EDded 30th .4pril 2024
30.4.24
Totxl
fllnd$
30.4.23
Total
funds
Lnr¢stricied
funds
Restricted
fund5
Note
FIXED ASSETS
"l (￿gible ÉtSSCt5
90J61
90361
.507
CLRRENT ASSETS
13,924
1.713
13,924
.713
14.133
5.652
Debtors
Cash at bank
41.215
18,432
84.011
CREDITORS
Amounis fdlling due 14'ithin one }'ear
ET CbRRENT ASSETS
io
485
TOTAL ASSETS LESS cuRRE￿T
LIABILITES
14
13 711 ￿?02
ET ASSETS
143 702
168 357
FUNDS
UnrLsiricted fuftds
R¢slriLied lunds
TOTAL FUliDS
129,991
139.203
168 i51
The no*S fom port of th¢se llnoncial slAlf4nLnls

R*ilwa!' Vehicle Presern'alions Limited
Conlinued...
Balance She¢l- continued
ror the Year Ended 30ih April 2024
The charitsble ¢ompan)' is eniiiled io excmplion from audit under Section 477 of the Companies Act 2006 for
the l'ear ended 30th April 2024.
The members hai'e not required the charitable compan!. to obiain an audit ofils financial statcmen15 for the year
ended 30th April 2024 in accordance ii'iih Sec¢ion 476 (if ihe Compani¢s Aci 2006.
The trustees acknoii'ledge their re5p)nsibilitie5 lor
la} ensuring ihai thc charilable company keeps accouniing reeords thai compl). with Scctions 386 and 387 of
th¢ Compani¢s ALt 20(kn and
(bl preparin8 flnancial statemenls which gil'e a truc and fair i"icM' of Ihe slat¢ of affairs of th¢ charitable
compan%. a5 at ihc end ol- each linanLial lear and ol. 115 surplus or d¢fitit for each fjnancial )'ear in
accordance i%'iih the requircm¢nLs of Sec(ion5 394 395 attd i%'hich Other￿lse complv with ihe
r¢quirements of the Companies Act 2006 relating ￿ finan¢ial ststements. so far as applicahle to the
charitsble Li)mF4n).
Thcse financial ststements hai'c b¢en prcpared in accordanoe with th¢ S￿cIal provisions of Part 15 of th¢
Companios Aa 2006 rclating 10 small eharitsble eompanies.
The finan¢ial statements M'cre approi'ed bN the Board of Trustees on
2024 and ￿'tre signed on its by:
A P Fillingham - Chairnan
P Harrison - Trust¢¢
The not¢s forni w of th¢s¢ Ilnanclal S￿leMen1￿

Railway Vehicle Preservations Limited
Note5 to the FinanciAI Statements
for the Year Enilc(l Jlliii April 21124
ACCOUNTING POLICIF.S
Ba515 of preparing ihc fin4nri*l slatein¢nts
The lindnLial SlutLments ol. IhL ehurilablL Lcimpan>'. ￿,hiLl) is u public bL'nLli¢ L'ntily undLr l.R% I1)2. have
bcen pr¢pared in accordance i¥iih thL Chai'ilie% SORI, IrRS 1021 ILll¢Llive l January 211151 and ¢hc
Compunies Aci 2006.
The finan¢ial stalements have been prepared under thc hislorical cosl convention which h&8 been mixlifi
for ihe revaluation ol- cenain as%c(s.
The prescntation cU￿encY in ihc Iinancilll statcmcn15 IS the Pound Sterling 1£).
Income
All income is reL£)gni%cd in the 8talemen¢ (if Financial Activities once the charity has Cntitlement to the
funds. Lt is probable ihat the incoi)ie i￿111 be rcceiked und thc amount can be measured reliabl J.
Expenditure
Liabilities are rec()gnised as expcndilure soon as Ihere is a legal or construclive obli8a(ion committing
Ihe eharitN 10 thai L.IpendilurL. it 1.% pirobable thal a transfL'r uf eLDnomic benefJt8 will be required in
sculement and the amount ol. Ihe obligation can be medsurcd reliably. Expenditure is accounted for on art
accruals basis and has bccn cldts.%ilicd under hcadings ihai dg8regat¢ all cost rclatcd to the caiegory. W'here
Costs cannot be directl). atrribuied io paniLular hcadings they hav¢ b¢¢n allocat￿ io aciiviiies on a basis
consisient ￿'1[h ihc use ol. r¢sources.
Tangible fixed assets
Depreciation is pr()I'ided at th¢ following annual ra￿S in order to ￿TIl¢ off each asset over iLS ¢Stim&ed
usefijl
life..
Ca￿lage Sh
Plani and machinery
Rolling stock and museum
n() longer depreLiatcd as ￿alue in excess of FxM)k value
l OQ/o on ￿'rillen i'alue
not provided- included at direc￿rS. valuation
Stoeks
Sts)cks ar¢ valucd at the lower of cosl and net realisable value. after tnaking due allowance for ob501ete and
slow moving items.
T*xatio
The charity is excrnpt from corporation ¢&x ()n it5 charitable aitii'ities.
Fund •ccounting
unrestr1c￿d fund5 are those which Can be used in a¢¢()rdance wilh lh¢ Lhariidbl¢ objL*tiies ai the
dis¥reiion of the (rusl¢cs. They inLlude lunds sp¢¢ifiLally designaied lur the Iuiur¢ repair and
of rolling s￿Ck.
Restricted lunds are Ih()se which Lan i)nlv bc used lor particular resiriiied purws¢s i%'ithin the objecis ot"
the chariiy. Restrictions arise when specili¢d by the donor L)r i%.hcn lunds are r&is¢d lor p￿ICUlar resifiiied
purFK)ses.
Further explanation of the nature and purpose ol. each fvnd is includ¢d in ihe noies io th¢ lin1￿
statements.

RuilH'th)' Vehicle I,res¢ri'￿É1on￿ Liniiled
Notes to the Finttniial Stalemtnls
for the Year Ended 30th April 2024
OTHER TK4DING AcT1￿.1T1Es
JO.4.234
30.4.23
Salc of materials
Raffles
Flire income
1,107
6,120
255
4.227
INVESTMENT INCO￿lE
30.4.24
30.4.23
Inlercst reccived
NET INCOME/EXPENSES
Net incomel¢xpens¢s is stated after charging..
30.4.24
30.423
Depre£iation - O￿Tred assets
TRUSTEES, REMUNERATION AND BENEFITS
There wcre no tn]stccs remun¢ration or other benefiis for the year ended 31hh April 2024 nor for the yedr
ended 3(hh April 2023.
Trnstees. txpeD5es
The charity paid no expcn5es to its trusiees during the year12023.. £87}.
Tru$t¢e$' donations
Donations were received from trustees during the year amounting to £32512023.. Ihr¢e trustees.. £4801.
INVESTMENTS
The company owns 4.480 ordinary shares 01. 25p ea¢h in (ircat C¢nlral Railiiay Plc. The dir¢clors LC)nsider
that these have no market value and, therefor¢. this invesimeni has b¢en wriltcn down to Enil.

REGISTERED COIIP.4%1' N L'IIBER: 01408829 IEn£l*nd ¥Jnd M xlts)
REGISTERED CHARITI NL'IIBER: 1095123
Report of the trustees and
Unaudited Financial Statements for the Year Ended 30th April 2024
for
Railway Vehicle Presen'8tions Limited

Railwa), Vehicle Pre5ervylions Limiled
Contents of the Financial .Sti)tement5
for the Year Ended Joth April 2024
Page
ReFK)rt of the Trustees
1103
Statement of Financial Activities
Balance Sheet
5t06
Notes lo the Financial Stalemenls
7t0 10
Independent Examination

Railway Vehicle Preservations Limited
Report of the Trustees
for the Year Ended Joth April 2024
The trustees who arl a150 directors of the charity for Ihc purpo4L.% i)l- th¢ C(ImpdniLs ALI 21111(), prcsent their
report iyiih the financial %taiements of ihe chdriiy lor the yL"ar endLd 311th April 21124. '1'hL' tru%loLS have adop¢ed
the provisions of Accouniing and Reporling bj, (."hariiics.' Siatcmeni ()l- IleLommLndLd I
r<￿tILl £ippli¢ablc to
chariiies preparing their accounts in accordance with the l--inancial Rcporting Standard appli¢ablL in ihi IJK and
Republic of Ireland (FRS 1021 lel'lectii'c l January 20151.
OWECTIVES AND ACTIVITIES
Objectives #nd aims
The charity is constituted &s a company limilcd b}, guic rant¢c wilh share capital and is therelorc governed by its
memorandum and articlcs of assc)Liatii)n. 'I"his rLquir¢b that the incomc and property of thc compan J shall be
solel). restricted toii'ards (he promolion ()I' its nhjLCts. -I"hL charitj's objL"Lt and its principal activity in the year
under revieii, continues to bc ihat ol- Ihe restui'alion, main(enan¢c and operation of ils ￿)11Cc110n of vehicles of
historic interest.
Public benefit
The charitN S Irust¢e5 have had regard to the charit￿ ComTlli5sion's guidance on public benefit and they consid¢r
thai ihe charity's main activiiies are undertaken for the public ben¢fi¢.
ACHIEVEMEYT APYD PERFORMANCE
Developmen( Activitie$ 4nd Achievements
Useful progress i¥as made during the ) ear ￿1th progress being tnadc on thc ongoing rcstoration of the
Coach 23981 and l-PO Tcnder ¥11438. The oK'erhaul i)I'thc Beavertail No 1719 w'as concluded and thc c(Trach
h&8 re-cntered revcnuc-eaming scrvice at Strathspcy Railwa>'.
The final fitting out of the s￿.]th1and Shcd has been finished with both storage roads fully extended to the back
of the Shcd and the floor p#rtidlly concreted.
Beal'ertail Coach 1729 remains in safe and secur¢ storage. There are currenily no plans for the vchiclt uniil a
suitable alternaiibe location can be 5CLurcd lor it.
The financial strength of the company remains sound and w¢ look forward to incrcdsing our overdll prow.

RMllThMy V¢lilelL' I'ri'*L'rviill(11)li l.Imlled
Reporl of tlic. TrustL¢'s
for Ihc Ycur Tr.n(IL.d 301h April 2024
IN'.-INCIAL REI'IEW
Financial position
During the i'¢ar. net Oulgoing re50ufLL% l)n unreslriclcd fiinds allcT transfers am()unled to £9.21212U23
OU(going.' £24.620) and nei ()Ulgoing rcsource% on rcs(rictLd lunds Hmounlcd ti) £15,44312023 outgoing..
£1.7311.
The balance on unre8lricted re%¢ri'cs ai ihi }'Cill'.enJ amounicd ii) £129.99112023.. £139,203). The balance on
restricled rcscTh'es at the i'ear-¢nd amc)uniL¢J li) 113.711 {2023.. £29,154).
Resen'es poliei
I"he trustCCS' PK)lic! on re8m'cs is (hat th¢5¢ shall so lar as practic￿1} b¢ held in interest bearing deFX)Slt accounts.
The compan! has no endo%¥ment lunds. The compdny's prdLtiLe 15 lo estimate the amount required for a major
pr()jc¢i and ihen raise an appcal for this aTnount. In othcT cases. inLI)mc dctcrmines ￿hat projeetS the company
ndcnakes. the direciots d¢l¢rmining whethcr the company can undertakc a particular project in the light of its
firtancial wsilion.
Fund5 in deficit
Thcre were no fvnds in defici¢ at the year-end.
FUTIIRE PLANS
There are no ￿ignifI￿An1 fuiure dcv¢lopmenis exeept a5 mentioned a￿Ve. There hai'e I￿) no events affecting
aciii'ities sinc¢ the lear end.
STRIICTLIRE. GOVERNANCE AND MANAGEMENT
Go¥eming docL2menl
Thc charity. is controlled b). its governing documeni. its Mcmorandum and Articles ol-Association. and
con5lltutes a limiied compan)., limit¢d by guarantee. as delin¢d by the Compani¢s Aci 21K)6.
OrgJDlS*tioD*l structure
The cornpany has no oflice apart from its registered uifiL¢,' its actii'iiies are principall J c￿led on at Rothl
Ststion. Leicest¢rshirc. Th¢r¢ ha5 been no signilicani Lhange in lh¢ companl's aci1¥ itl. and ihe Llir¢ciors d(} noi
anticipa￿ any change. Th¢r¢ hav¢ bccn no financiall> signiliLanl ¢N'¢nls Since the end ol thc finanLia] N"ear.
Rel*ted parties
l-here is no relationship with anj. relaied part) ()r ()ther charily exLept far lh¢ iompan> som¢iimes r¢Cel￿eS
granis, nornially for specific projeL'ls, from oiher bodies: the granis rel'eived during th¢ Near are sci oui below.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
01408829 (England and Il'alLsI
RegSytered Cbarlty number
1095123
R¢glJter¢d offiee
ShLaves
Upper Cornsland
Br¢nlw(J(Jd l..Jy¢x
CM1441111
Trui¢e¢i
MLan
G E Maslin
P Harrison
A Voage
A P Fillingham Chairnidn

Railwa). Vehiclt Pr¢5¢Th'ations Limited
Report of the Trustees
for the Y¢#r Ended 30th April 2024
Comp*ny Secret$r)'
D C Peiierson
REFEREP*CE AND AD￿lINISTILlTIN'E DETAII
Bankers
CAF Bank Limited
25 Kings Hill Avcnue
Kings Hill
Wesi Malling
Kent
ME19 4JQ
National Wc5ttnin5ter Bank PIC
250 BiShO￿gaie
l.ondon
EC2NI 4AA
This reFKin has been preparcd in accordance with thc special provisions of Part 15 of the Companies Ad 2(K)6
relating 10 Small Companies.
Approved by order of ihe FK)ard of tnjstecs on
2024 and signcd on its behalf by-.
A P Fillingham- Trnstec

Railway Vehicle PrL's¢rvxlioiis Limiled
.(iiiil('.mt'nl of li iiiiinliiil ALtiviliLS
(Incorpoi'iitiiig iin I iicoiiie Aii(I r.xpLn(lilvrc' Account)
foi. the Year Fiiiled 30tlI April 2024
30.4.24
I'ot91
runds
Unro5tricled
ruiids
31J.4.23
'ri)tal
fundi
Restricted
funds
Note
INCOME AND ENDOWMENTS FROM
txinations and legacies
Other trading actii'ities
Investments income
Sundry income
Total
8.248
19,902
677
00
30,127
8.248
19.902
677
00
30,127
7,592
4,482
546
12,620
F.XI)ENDII-IIRE ()NI
Chatitgble activities
Re8loraiion
Other
Total
31,0.$4
15,443
46,497
34.347
971
NET INCOMEIEXPENSES
(9.212)
(15,443)
(24,6551
{26J51)
Trdnsfer be￿e¢n funds
NET MOVEME,YT IN FUNDS
(9212)
{15.4431
(24.6551
{26J511
RECONCILIA TION OF FUNDS
Toial funds brought foThi'ard
CONTINUING OPERATIONS
All income and expenditure has arisen from conlinuitig a¢liviti¢s.
The noie5 fonn pari of these Ilnanclal stal¢n)¢nls

ei
Raih"•i" I'ehicle Presen"xtions Limiied
Ba12Dce Sbe¢l
for tbe Year EDded 30th .4pril 2024
30.4.24
Totxl
fllnd$
30.4.23
Total
funds
Lnr¢stricied
funds
Restricted
fund5
Note
FIXED ASSETS
"l (￿gible ÉtSSCt5
90J61
90361
.507
CLRRENT ASSETS
13,924
1.713
13,924
.713
14.133
5.652
Debtors
Cash at bank
41.215
18,432
84.011
CREDITORS
Amounis fdlling due 14'ithin one }'ear
ET CbRRENT ASSETS
io
485
TOTAL ASSETS LESS cuRRE￿T
LIABILITES
14
13 711 ￿?02
ET ASSETS
143 702
168 357
FUNDS
UnrLsiricted fuftds
R¢slriLied lunds
TOTAL FUliDS
129,991
139.203
168 i51
The no*S fom port of th¢se llnoncial slAlf4nLnls

R*ilwa!' Vehicle Presern'alions Limited
Conlinued...
Balance She¢l- continued
ror the Year Ended 30ih April 2024
The charitsble ¢ompan)' is eniiiled io excmplion from audit under Section 477 of the Companies Act 2006 for
the l'ear ended 30th April 2024.
The members hai'e not required the charitable compan!. to obiain an audit ofils financial statcmen15 for the year
ended 30th April 2024 in accordance ii'iih Sec¢ion 476 (if ihe Compani¢s Aci 2006.
The trustees acknoii'ledge their re5p)nsibilitie5 lor
la} ensuring ihai thc charilable company keeps accouniing reeords thai compl). with Scctions 386 and 387 of
th¢ Compani¢s ALt 20(kn and
(bl preparin8 flnancial statemenls which gil'e a truc and fair i"icM' of Ihe slat¢ of affairs of th¢ charitable
compan%. a5 at ihc end ol- each linanLial lear and ol. 115 surplus or d¢fitit for each fjnancial )'ear in
accordance i%'iih the requircm¢nLs of Sec(ion5 394 395 attd i%'hich Other￿lse complv with ihe
r¢quirements of the Companies Act 2006 relating ￿ finan¢ial ststements. so far as applicahle to the
charitsble Li)mF4n).
Thcse financial ststements hai'c b¢en prcpared in accordanoe with th¢ S￿cIal provisions of Part 15 of th¢
Companios Aa 2006 rclating 10 small eharitsble eompanies.
The finan¢ial statements M'cre approi'ed bN the Board of Trustees on
2024 and ￿'tre signed on its by:
A P Fillingham - Chairnan
P Harrison - Trust¢¢
The not¢s forni w of th¢s¢ Ilnanclal S￿leMen1￿

Railway Vehicle Preservations Limited
Note5 to the FinanciAI Statements
for the Year Enilc(l Jlliii April 21124
ACCOUNTING POLICIF.S
Ba515 of preparing ihc fin4nri*l slatein¢nts
The lindnLial SlutLments ol. IhL ehurilablL Lcimpan>'. ￿,hiLl) is u public bL'nLli¢ L'ntily undLr l.R% I1)2. have
bcen pr¢pared in accordance i¥iih thL Chai'ilie% SORI, IrRS 1021 ILll¢Llive l January 211151 and ¢hc
Compunies Aci 2006.
The finan¢ial stalements have been prepared under thc hislorical cosl convention which h&8 been mixlifi
for ihe revaluation ol- cenain as%c(s.
The prescntation cU￿encY in ihc Iinancilll statcmcn15 IS the Pound Sterling 1£).
Income
All income is reL£)gni%cd in the 8talemen¢ (if Financial Activities once the charity has Cntitlement to the
funds. Lt is probable ihat the incoi)ie i￿111 be rcceiked und thc amount can be measured reliabl J.
Expenditure
Liabilities are rec()gnised as expcndilure soon as Ihere is a legal or construclive obli8a(ion committing
Ihe eharitN 10 thai L.IpendilurL. it 1.% pirobable thal a transfL'r uf eLDnomic benefJt8 will be required in
sculement and the amount ol. Ihe obligation can be medsurcd reliably. Expenditure is accounted for on art
accruals basis and has bccn cldts.%ilicd under hcadings ihai dg8regat¢ all cost rclatcd to the caiegory. W'here
Costs cannot be directl). atrribuied io paniLular hcadings they hav¢ b¢¢n allocat￿ io aciiviiies on a basis
consisient ￿'1[h ihc use ol. r¢sources.
Tangible fixed assets
Depreciation is pr()I'ided at th¢ following annual ra￿S in order to ￿TIl¢ off each asset over iLS ¢Stim&ed
usefijl
life..
Ca￿lage Sh
Plani and machinery
Rolling stock and museum
n() longer depreLiatcd as ￿alue in excess of FxM)k value
l OQ/o on ￿'rillen i'alue
not provided- included at direc￿rS. valuation
Stoeks
Sts)cks ar¢ valucd at the lower of cosl and net realisable value. after tnaking due allowance for ob501ete and
slow moving items.
T*xatio
The charity is excrnpt from corporation ¢&x ()n it5 charitable aitii'ities.
Fund •ccounting
unrestr1c￿d fund5 are those which Can be used in a¢¢()rdance wilh lh¢ Lhariidbl¢ objL*tiies ai the
dis¥reiion of the (rusl¢cs. They inLlude lunds sp¢¢ifiLally designaied lur the Iuiur¢ repair and
of rolling s￿Ck.
Restricted lunds are Ih()se which Lan i)nlv bc used lor particular resiriiied purws¢s i%'ithin the objecis ot"
the chariiy. Restrictions arise when specili¢d by the donor L)r i%.hcn lunds are r&is¢d lor p￿ICUlar resifiiied
purFK)ses.
Further explanation of the nature and purpose ol. each fvnd is includ¢d in ihe noies io th¢ lin1￿
statements.

RuilH'th)' Vehicle I,res¢ri'￿É1on￿ Liniiled
Notes to the Finttniial Stalemtnls
for the Year Ended 30th April 2024
OTHER TK4DING AcT1￿.1T1Es
JO.4.234
30.4.23
Salc of materials
Raffles
Flire income
1,107
6,120
255
4.227
INVESTMENT INCO￿lE
30.4.24
30.4.23
Inlercst reccived
NET INCOME/EXPENSES
Net incomel¢xpens¢s is stated after charging..
30.4.24
30.423
Depre£iation - O￿Tred assets
TRUSTEES, REMUNERATION AND BENEFITS
There wcre no tn]stccs remun¢ration or other benefiis for the year ended 31hh April 2024 nor for the yedr
ended 3(hh April 2023.
Trnstees. txpeD5es
The charity paid no expcn5es to its trusiees during the year12023.. £87}.
Tru$t¢e$' donations
Donations were received from trustees during the year amounting to £32512023.. Ihr¢e trustees.. £4801.
INVESTMENTS
The company owns 4.480 ordinary shares 01. 25p ea¢h in (ircat C¢nlral Railiiay Plc. The dir¢clors LC)nsider
that these have no market value and, therefor¢. this invesimeni has b¢en wriltcn down to Enil.