2023-12-31-accounts

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Trustees’ Annual Report for the period

From 01 January 2023 To 31 December 2023

Charity name: Durham Locomotive Preservations Group (DLPG)

Charity registration number: 1114642

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	1. To preserve for the benefit of the public, locomotives, coaches, and other rolling stock for D.L.P.G. which may be of historic interest. 2. To advance education and training for the benefit of the public in railway renovation skills, in particular but not exclusively in coach building skills.
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	Our main objective is to renovate The Norwood Engine originally given to our group on long-term loan and then purchased by us. We are looking for sponsorship and grants to overhaul this engine. We have links with several heritage railways, with a special relationship with the National Railway Museum, Shildon. We also renovate other heritage vehicles.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	We confirm that the trustees have had regard to the Charity Commission’s Guidance on Public Benefit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Policy on grant making Para 1.38 Policy on social investment Para 1.38 including program related investment Contribution made by Para 1.38 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	Main achievements 2023 include Fundraising at local events and online sales, monies toward the renovation of Norwood 77. Continued renovation of Norwood’s chassis and ongoing training of volunteers in these skills

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against Para 1.41 objectives set Performance of fundraising Para 1.41 activities against objectives set Investment performance Para 1.41 against objectives Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The charity has continued to generate a good year of income mainly from sales of goods. Also we have received donations and a legacy from a will
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Reserves are built up and held until restoration parts can be purchased.
Amount of reserves held	Para 1.22	Reserves at the year-end were £87,838
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	N/A

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including Para 1.47

any fundraising)
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
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Trust constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Unincorporated Trust
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	The Trustees may appoint any person over the age of 18 years, who is willing to act as a Trustee. Subject to paragraph 5 (b) of the constitution, they may also appoint Trustees to act as officers

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	Durham Locomotive Preservations Group (DLPG)
Other name the charity uses
Registered charity number	1114642
Charity’s principal address	64 SOUTH STREET SPENNYMOOR DL16 7TX

	Names of the charity trustees who manage the charity	Names of the charity trustees who manage the charity	Names of the charity trustees who manage the charity	Names of the charity trustees who manage the charity
	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (if any)
1	Paul Foxton	DeputyChairman
2	Don Brookes	Chairman
3	Christine Foxton	Secretary/Treasurer
4	Malcolm Paul
5	Peter Shields
6	Steven Foxton
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8
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– Corporate trustees names of the directors at the date the report was approved

Director name N/A

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
N/A

Funds held as custodian trustees on behalf of others

Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A 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) Full name(s) Christine Foxton Position (eg Secretary, Secretary Chair, etc)

Date

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