CHARITY COMMISSION FOR ENGLANO AND WALES Trustees, Annual Report for the period From 1st March 2024 To 28th February 2025 Charity name: Helston Railway Preservation Society Charity registration number: 1146711 Objectives and Activities SORP referen Summary of the purposes of the charity as set out in its governing document Para 1.17 TO FACILITATE THE RENOVATION AND PRESERVATtON OF ALL FORMS OF RAILWAY LOCOMOTIVE POWER. ROLLING STOCK AND ANCILLARY EQUIPMENT. PLATFORM BUILDINGS I INFRASTRUCTURE AND TRACK AT TIIE HELSTON j RAILWAY FOR THE BENEFIT OF THE PUBLIC AND TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE RAILWAY HISTORY, IN PARTICULAR BUT NOT I EXCLUSIVELY THE HELSTON RAILWAY, THROUGH THE PROVISION OF A HERITAGE CENTRE. Summary ofthe main activities in relation to those purposes for the public benefit, in particular, the activities, projects or seprfices identified in the accounts. Statement confinning whether the trustees have had regard to the guidan issued by the Charity Commission on public benefit Para 1.17an¢J 1.19 Making grants to facilitate the development of the Helston Railway. Buying land to extend the existing Helston Railway. Para 1.18 The trustees have had regard to the guidance issued by the Charity Commission on public benefit Additional infomiation (optional) You ma choose to include further statements where relevant about.. SORP refrrence We only make grants which are to further our objects and which satisfy the public benefit test. Policy on grant making Para 1.38 We do not directly involve the chanty in this area. Para 1.38 Policy on social investment including program related investment The trustees are all volunteers bul the volunteers working on and for the Helston RaiaY are responsible to the company which operates the raithy. in view ofthe complex and challenging Complian obligations in the industry. Para 1.38 Contribution made by volunteers
None Other Achievements and Perforniance SORP reference Work has concentrated on the long-awaited new access road to the railway. There have been hold ups caused by the need to satisfy the requirements of third-paty landowners, but we are now close to complets'ng the acquisition of this land. There have been incredible efforts by the volunteers and steamrollers to complete the road and money is available and pledged to getting this project finalised. In parallel with this, the Trustees are focused on acquiring the four sects.ons of track bed going south to Helston. The key thing will shortly now be to fundraise to get that extra land under our control. The maintenance, development and operation of the Helston Railway brings considerable public benefit to an area of West Comwall. Summary of the main achievements of the charity, identfying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. Par8 1.20 Additional information (optional) You ma choose to include further statements where relevant about: Grants made have assisted in extending the track south towards Helston and in creating the new access road to the railway. Achievements against objectives set Para 1.41 We need to raise large amounts of money and perfomance has not yet got us to where we want to be. The 2024 AGM heard about a need to focus on the 'main event. [ie' extending the railway] and to redouble our efforts on fundraising. Perfomance of fundraising activities against objectives set Para 1.41 NIA Investment perfonnan against objectives Para 1.41 NIA Other
Financial Review Review of the charity's financial position at the end of the eriod Statement explaining the policy for holding reserves statin are held Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concern Para 1_21 The annual accounts show a strong solvent position. Para 1.22 It has been aged to hold a strategic reserve of £5,000 at all times. Para t.22 £104,000 at NIA resent Para 1.22 Para 1.24 NIA Para 1.23 None Additional information (optional} You ma choose to include further statements where relevant about". Membership subscriptions. donations and legacies. The charity's principal sources of funds (including any fundraising) Para 1.47 NIA Investment policy and objectives including any social investment policy adopted Parn 1.46 The economic climate leading to a reduced membership and a reduction in donations is challenging but we have to date been resilient. If the company operating the railway became insolvent then that would present challenges and we need to undertake due diligence periodically before making grants. Data protection nsks which are managed. We have a 5 year Business Plan in place and also a Risk Register, which is reviewed annuall NIA A description of the prinapal risks facing the charity Para 1.46 Other
Structure, Governance and Management Description of charity's trusts.. Type of goveming document NIA Para 1.25 Constitution How is the charity constituted? .g unincorporated Parn 1.25 Unincorporated association 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 We interview anyone wishing to be a trustee and look to see what they can contribute. The pool of available persons wishing to become trustees is limited in West Comwall but we continue to try to identify suitable candidates. Additional infonnation (optional) You ma choose to include further statements where relevant about". We direct new trustee to key Charities Commission guidance and the Chair, Secretary and Treasurer highlight particular areas of concem with other trustees for comment and feedback. Policies and procedures adopted for the induction and training of trustees Para 1.51 A simple unincorporated association with no further complications and no network. We work with an independent company, which operates our heritage railway, in view of the significant regulatory and legal compliance issues involved. The charity's organisational structure and any wider network with which the charity works Paryd 1.51 No fonnal related parties. We follow Charities Commission guidan in giving grants to non-charities, in particular the company which operates our railway. Relationship with any related parties P8r8 1.51 NIA Other Reference and Administrative details Chari name Other name the chari uses istered charit number Charity's principal address Helston Railwa NIA 1146711 Trevano Fann Prospidnick Helston Comwa51 TR13 ORY Preservation Socie
Names of the charity trustees who manage the charty acted if not for whole Trustee name Office lif any) Name of person lor body) entitled toa oint trustee ifan Trustees or Members of the charrty Ditto ear Tim Childs Chair Peter Kennan Treasurer Kenneth Moore Appointed 2110512024 Ditto Michael Pyers Les Jones Geoff Childs Ditto Died 3010612025 Resigned 0710912025 Appointed 1611012024 Appointed 1611012024 Resigned 2610812025 Ditto Ditto Ross INhitten Ditto Peter Tisdale Ditto 10 12 13 14 15 16 17 18 19 20 Cor orate trustees - names of the directors at the date the re rtwasa roved Dtrector name NIA Name of trustees holding title to property belonging to the charity Trustee name Dates acted if not for whole Tim Childs Peter Kennan
Funds held as custodian trustees on behalf of others Description of the assets NIA 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 NIA Details of arrangements for safe custody and segregation of such assets from the charity's own assets NIA Additional inforniation loptional) Names and addrnsses of advisers (Optional infonnation) Type of Name Address adviser NIA Name of chief executive or names of senior stsff members (Optional information) Exemptions from disclosure Reason for non-disdosure of ke rsonnel details Other o tional inforniation
Declarations The trustees declare that they have approved the trustees. report above. Signed on behalf of the charitys trustee5 Signaturels) Full nanws) Position {eg Secretary. Chair, etc} Timothy Guy George Childs Chair Date tli. O I?[
HELSTON RAILWAY PRESERVATION SOCIETY ANNUAL ACCOUNTS FOR THE YEAR ENDED 28th FEBRUARY 2025
Independent F.xaminer's Report to the Trustees of HELSTON RAILWAY PRESERVATIOY SOCIETY We teport on the accounts of the Trusi for the vear ended 28 February 2025: which are set out on the atched pages. Respective Responsibilities of Trustees gnd Examiner The Charity s Tntstees are responsible for the preparation of the accounis. The Charity's Trustees consider tliai an audit is noi required for this period (under seclion 144 of The Charities .4ct 2011 (The Charities Ael), and that an independcnt ex3minaiion is needed. It is our responsibililv to. Examine the accounts (under se¢tion 145 of The Charilies Aci), To folloH" the procedures laid dom'n in the General Directions given by ihe Charitj. Commission (undcr scction 145(i)(B) of The Charities Act. and To s(alL whether particular matters have come to our attention. Basis of Independent Examiner's Report Our examination was carricd oul in accordaD¢C with thc General Directions given by th¢ Charits. Conunissioncrs. An examination includes a reN'iew of the accounting r¢cord5 kept bj. the Charity and a comparison of the accounts presented m.iih those rccords. It also incluacs consideraiion of anv UnUal iterns or disclosurcs in the accounls. and seeking explanations from the trnstees concerning an!, such matters. The proLedures undertsken do not pro&ide all the cvidence ihat w'ould be required in an audit. and consequently no opinion is given as to whether the accounts present a true and faTr I'le and the report is limited to those matters set out in the ststement below. Independent Examiner's Staten)eDt In cor)nection with our examination. no matter has come to our attention: (i) which giTres us reasonable causc to beli¢ve that in any matcrial respect the requirements: To keep accounling records in a¢cordan¢c wilh section 130 of The Chatitics Act To prepare accounts which accord with the accoiinting records and compl}" wilh the account requirements of"The Charities Acl hai'e not been met (?) 10 which: in our opiniotL attention should be drawn in order to enable a proper underslanding of the accounis lo be reached. ,, FCA Prvor, Begent, Fry & Co CEIARTERED ACCOL'YTLYT 97 .M¢neagc Strcei Helslon. Cornwall. TR13 8RE Dated: l.{.25
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IDdependent Examiner's Report to the Trustees of HELSTON RAILWAY PRESERVATION SOCIETY We report on the accounts of the Trust for the year ended 28 February 2025, which are set out on the attached pages. Respective Responsibilities of Trustees and Examiner The Chariti s Trustees are responsible for the preparation of the accounts. The Charity's Trustees consider that an audit is not required for this period (under section 144 of The Charities Act 2011 (The Charities Act), and that an independent examination is needed. It is our responsibility to: Examine the accounts (under section 145 of The Charities Act), To follow the procedures laid down in the General Directions given by the Charity Commission (under sectson 145(5)(B) of The Charities ACL and To state whether particular matters have come to our attention. Basis of Independent Examiner's Report Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includcs consideration of any unusual items or disclosurcs in the accounts, and seeking cxplanations from the trustees concerning any such matters. The procedures undertaken do not provide all the cvidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a true and fair view and the report is limited to those matters set out in the statement below. Independent Examiner's Statement In connection with our exatnination, no matter has come to our attention: (i) which gives us reasonable cause to believe that in any material respect the requirements: To keep accounting records in accordance with section 130 of The Charities Act To prepare accounts which accord with the accounting records and colnply with the account requirements of The Charities Act have not been met (2) to which, in our Opinio attention should be drawn in order to enable a proper understanding of the accounts to be reached. ,FCA Pryor, Begellt. Fry & Co CHARTERED AccouNfAiYr 97 Meneage Street. Helston. Cornwall. TR13 8RE Dated: l -{..ZS