OpenCharities

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2020-12-31-accounts

ObjectivesandActiviti ee
SORPrEferene
$ummaryofthepurposesof
thecharity as set out in its
Para1.17 Thecharity's obfecB(the obiects)arc
governing document 1.1.To build,pretorye,operate,
maintain andexhibitth6
Charity'cproperty, in particular,
but not limited to, anLtl$Diesel
LocomotivetoEngine Diagram
279,twoofwhichurereoriglnally
congtructedin1947and known
asthe"lvattTwins",and
advance the educaffon ofthe
public inpioneering diesel
tractionin theUK.
1.2.TousetheCharity'rproperfyto
prcmobpublicknowledgB,
apprcciationand underetanding
of thehlstorlcaleducational,
acientific,andculturalaspectsof
thetrustproperty,with particular
regardto its historlcal
significance.
Summaryofthemain
activities in relation to those
Pare1.17 end
1.19
2020saw limltedworkundertaken due
to Covidrcstrictions.The mainwo*
purposes forthe public
benefit, in particular,the
activities,projectsor
wastolinishtheintorimdeeign drawing,
communicatewithindurtryoxperts
about the decignandcontinued
servicesidentifiedinthe collection ofparts.ln addition, we
accounts. continuedto bringouritems'underone
roofatWirksworth.
$tatementconfirming Pare1.18 Thetrurheshavercad the guidance
whether thetrusteeshave named'Public benefifirulesfor
had regard totheguidance charlUea.'Alldecidonsandworkare
issuedbytheCharity donewithin accordwiththie.
Commissionon public
benefit

SORPreference
Within thelimited opportunities
prceentedbyCovid, thecharityhas
continuedtoeducate thepublic
Summary ofthemain
achievements of the charity,
Para1.20 regarding theDlSItclaes. lthassaved
andpreservedpattspursuanttothe
identifyingthedifferencethe aim,readyforeventual creation ofthe
charity'swor{<hasrnadeto newlocomotive.
thecircumstancesofits
beneficiaries and anywider
benefitstosociety as a
whole.

inancialReview
Reviewofthechari$'s Pate1.21 Thecharityhasafirmandgrwing
financialposition attheend financialbase.
oftheoerid
Statement explainingthe ParuI.n TheSociety hasnospecificneserves
policyforholding reserves other than thecontinuedhealthy bank
statino whvthevare held balance.
Amount ofreserves held Pere1.?2 IrlrA
Reasonsforholding zero
reserves
Para'1.?2 No needforaspeclffcrcgervehae been
idenffftedasyet
Detailsoftundmateriallyin Para1.24 N'A
deficit
Explanation ofany Para1.23 N'A
uncertaintiesaboutthe
charity continuing as a going
concem

Oonations from thepublic
The charity'sprincipal
sources offunds(including Pera1.47
any fundraising)
Theobiectiveswould notbeachievedif
the level of donations dropped.
Adescriptionof the principal Para1"45
risks facingthechari$

Descriptionof charity's N'A
trusts:
Type of governingdocument Para1.25 Constitution
Howisthecharity Para1.25 Unincorporated eociety
conetituted?

ou may choosetoincludefur
therstatemen
ts whererelevantabor^rt:
Trusteesarerequiredtoreadthe Charity
Commission'sonline guidancefurnew
Policiesandprocedures trustees.
adopted fortheinduction Para1.51
and training of trustees
Thecharityis run by consensuewithin
thetrusteer fordayto day decisions.
Thecharig'sorganisational TheConstitutionallowsforvotes among
structure and anywider Para1.SI members,aerequircd.
network with whichthe
charityworks
The$ocietyis autonomous and isnot
affiliatedwlthan umbrcllagroup. lthas
Relationshipwithany Pan1.S1 no paid staff.
relatedparties
Thecharityworksalongsidethe
Ecclesbourne Valley Rallway
Aeoociationatthesameeite andEVRA
membersconHbuteto volunteertasks
forthe charitv.
Para1.52 Thetrueteesanesolelyresponsiblefor
Other daytodayrunningofthe charity.
The$ociety'o auditoristlsFaye
$anderson,{7JanawayRoad,South
Shore,Blytlte,Horthumberland,ilE24
3UU
RefurenceandAdminis trative details
Charitvname lvattDiesel Recreation Societv
Othername thecharitvuses LMSl0000.lvattDieselRerreationSocietv
Reoistered charifunumber 1147A32
Charity'sprincipal address 46Biddick Village Centre,Washington,NE38 7NP

of thecharitytrct eeswhomanage thecharity
Trusteename OfiEee(ifany) Dabo acted ifnotforwhole
vatr
Nameofperuon(orbody)entitled
toeoDointtruitae(ifanvl
MarkWalker Chairman
AndrewHoseason Secretary
AnthonyBrown Treasurer
MichaelPrince
Hanson Haigh
AnthonyEllershaw
Paul Etherington
BemardCaddy Beganon1911212A2A

$ignedon behalf of the charity's trustees
Signatu(sI "r4r*:--
Fullname(s) Andrew JohnHoseason
Position(eg$ecretary, $ecretary
Chair,etc)
fit1at2a21

IVATT DIESEL RE-CREATION SOCIETY

PROFIT AND LOSS ACCOUNT

YEAR ENDED 31ST DECEMBER 2020

Sales
Donations
Gift Aid
Sale of Items
Total income for the year
EXPENSES
Locomotive restoration costs
Advertising
Travel & Accomodation
Postage & Stationery
Rent
Loan Repayment
Sundry Expenses
NET PROFIT FOR YEAR
2020
£
41,687
7,133
14,163
62,982
33,050
3,010
-
272
11,285
1,979
721
50,317
12,665
2019
£
37,001
4,018
-
41,019
19,126
5,294
422
373
3,184
1,250
738
30,387
10,632

2018
£
29,132
-
-
29,132
24,850
-
-
-
-
-
-
24,850
4,282

2017
£
1,506
-
-
1,506










-
-
-
-
-
-
0
1,506

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustsesl members of I bi£sEL On accounts for the year ended 2020 Charity no (If any) Sel out on pages I r8POrt to th8 thJst88s on my examination of th8 accounts of th8 above charity (Ihe Trust") for the year end&J 3 1 11 20 ZO Responslbllitlos and ba818 of roport As th8 charitys truste88, you are responsibl8 for the preparation of th8 accounts In acc￿dance With the requirements of the Charities Act 2011 (Ih8 Acr). I report In respert of my examlnation of the Trust's accounts ¢afrled OLrt under sedion 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(5Mb) of the ACL Independent examlnerfs Statement qua I have completed my examination. I confimi that no material matters hav8 come to my attention in connection with the examination (other than that disclosed below") which gives me cause to b81ieve that in, any material respect: the a¢￿Unting rewrds were not kept in accordance with section 130 of Ihe Charltles Act. or the accounts dkl nol accord wlth the 8rLountlng re￿rdS., or the accounts did not comply with the applicabl8 requirements conceming the fomi and contenl of accounts set out in thè Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Iwe and fair. view which is not a matter onsidered as part of an independent examination. I have no conoms and have come a￿O$S no other matters in Connection with the examination to which attention should bo drawn in this report in order to enable a proper understandirvJ of Iho accounts to be reached. . Please de e th& words in the brackets rfthey do not 8ppIy. Slgned: Date: 29 09.21 Name: Adkj Relevant professional qualifi¢ation(s) or body Art T (Ivlru

xldress: Tpt N£IFI S4JkJ esL7 £6£LAAts Section B Disclosure Only complete rf the examiner needs to highlight matenal matters of concErn (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Glve here brlef detalls of any Items that the examlnor wlshes to dl8clo88. IER Oct 2018