## LANCASHIRE AND YORKSHIRE RAILWAY TRUST 

(Charitable Incorporated Organisation) 

Trustees’ Annual Report for the period 1 April 2023 to 31 March 2024 

## **Legal and Administrative Details** 

The charitable incorporated organisation was registered on 15 May 2014 as Lancashire and Yorkshire Railway Trust. 

## **Registered Charity number** 

1157071 

## **Principal office** 

The Railway Station Haworth Keighley BD22 8NJ 

## **Trustees as at 31 March 2024** 

MR RICHARD STEWART GREENWOOD MR ROBIN HIGGINS MR ERIC GEORGE RING 

MR PETER EASTHAM MR IAN HOLT 

## **Selection of trustees** 

The charity’s Constitution specifies that the number of trustees shall be not less than three and not more than twelve, providing for new trustees to be selected by the members or trustees.  On incorporation and registration of the charity, the six founding members were appointed as the current trustees and mutually agreed service periods, with retirement spread over three general meetings. 

## **Governing document** 

The charity is controlled by its governing document.  The Constitution is the Charitable Incorporated Organisation Association Model which was registered on 15 May 2014 and was subject to revisions approved at a General Meeting on 18[th] December 2021. 

## **Object of the charity** 

To advance public education, learning and skills development by the acquisition, restoration, preservation, exhibition and operation of such Lancashire & Yorkshire Railway locomotives, rolling stock, equipment and artefacts, relics, documents and records of historic and academic interest as the charity trustees may from time to time decide. 

## **Description of work in the period** 

The CIO was formed on 14 May 2014 to take over the work of an unincorporated charity of the same name, registered charity number 1002627. 

The CIO has continued to preserve, restore and maintain its locomotives and rolling stock for public operation and education, the activities providing opportunities for learning and skills development for those involved in the work.  Subject to the limits of health and safety regulations, preservation work and restoration work in progress is displayed to the public. 

In the period to 31[st] March 2024 the trustees resolved to complete restoration of a number of doors under contract on six-wheel carriage 1507 utilising funds from reserves in addition to donations gratefully received. 

## **Reserves policy** 

The reserves policy is to retain sufficient funds to meet the ongoing liabilities of the charity together with funds required to further the object of the charity. The Statement of Financial Activity for the period ended 31 March 2024 shows incoming resources of £38587.81 and resources expended of £14636.74. 



Lancashire and Yorkshire Railway Trust - CIO registered number 1157071 1
Recelpts and payment accounts
Accounting pefiod 1st April 2023 to 31st March 2024
Section A Receipts and payments
Unrestflcted
16Enerall Fllfid
I￿￿¥￿ated Fund5
iocomtst
Totsl Fund5
2022-2023
Carriages
LYR 19,. 51218
LYR 752 1 Repairs
LYR 1474
B84:34j 17.IL5:05 21.Y14.43',
O.iK) I￿52.99
LYR 1507,.
Openiry at bank
S8￿152
7￿53.23
Recelp
Subscriptions¥AthGiftAd
sub5criptionswithoutGItt￿d
Oonationswithourfjrft￿d
Donationswith GiftAid
Collectifii boxes
Gift Ald rebatefrorn HMRC
Sa￿Sof 5rc*k
810.
BlO.C()
770.CQ
170.(X)
0.￿ 7,S50.rM)' ?0,491.￿ jY98.(K)
30.DJ I,r¥J5.
S.124.50,
9104.so
2.3￿.49
2238.62
2.128.45,
4059.75
io,asi.iXli l500.oj
3.979.501
560.491
1.602.20
50.0)1
lo.(￿,
95.¢
243.75
69.23
2.152SO
324.36
405.70,,
71.85
39.66
I,ofy).
IA37.62
377.70
4.352.50,. 2600.00
24.41,,
219.34
Donal￿n5v￿ pwVAm•ionlJuStGfvWGfv•u¥ouU
sa￿$v14 E￿¥1pa¥Pal net of y>tsoe r*C*
E)JaylPaypwl p05taViÈttlved
Insurance rtto¥ery
24.41
218.84
20,512A3 4,796.73
218.B4
9I38.4L 38.587.81' 35037.91
Totil
I,w.86,, 2x80.70
P•yments
Purch45eol 5tvrk
Ebjylpaypbl postay and st4tk)Trery
EbsvlPaypal Itesand chai8es
3b
o.coi
62
237.49
3.86
232.06
278.00
536
68.C¥)
237.49
o.(K)I
embership ￿411¢1
ONTRU5TiournJl/N¢wil¢ttrr prlntlnl
ON fAUSTj¢u¢h*l INewsl*tttF posts
Mattfials
Websire fee5
eriraBe RlvAx*o¢ & TranwrtTrustmernborshlp
InSur4nce
329.50
329.50
478.39
o.¢x)I
8,621.
9.099.39
144.101
156.t)),'
27555.48
144.10
156.C•J
110.12
264.00
3448.06
O.W, 8,621.ts)' L4,636.74' 32505.58
4.065.f4
5,542.35
Totsl
47Y.39
e(dpt$lèM P•ym
Tran51er5from 4eneral to Support desiinated lunds
Transle15 Ilom de%in•thd lund5 toienEf•lfund
Clo*
14,970.
4,323.34
I,C96.861 2mO.70
IC9.35
1,217.41 13.951.07
2532.33
53,821.60
5.207.68
18,211.91,, 23.405.13.
143.13
I, 142.34 1.217.411 103,036.63
79085.56
Closln8 bal•nce at LloydsTrea5urersiccowt
Lki¥dschequEs1$5ued but notTrYttkn•red
a051n4 at Utsyds Notke iccount
Cthsh In hand
Che4ue5 not yerwe5ented
Paywl luno
18,562S4
-125.73
83,330.02
820.38
125.
324.42
103.036.63
otes
l. Funds reportedit ckisureo12022-2023 iccounts.
2. Aid recoveryghd b*nk inttrnxt ire •¢wynt•d on rnt•ipt *nd•lbr4¢•dln proportbntothfryneral or
desiinit¢dfunds tOwhl¢h th*Yapp￿.
3. PayPil sa￿5 Jre nEt Jrnount5 rec*W¥l• I•￿ Of wods(k)n•tedto the tIVSl.. 3• thows relmbJrs*m•ntof ptssts
costs. ab W)Sta8e inEurred.
4. Insurance recoveryi5thai proportion received from• prwJteindNidwl w1￿5￿C￿rrI￿* ix intJuthd¢)hth•tru#*
policy Jnd throwh Ilrnini teTrdsto fall Inthe a¢Wunt4fie￿arf9l￿wlr4the titsst's Out￿¥.
5. ChJry5for items sdd•nd unsold via ebAyi also P*yPal dDnatiOh IEts
6. Arnount retaintd in Paypal accountfrom dorbatbns andto service ebaY$a￿S, charyes•nd pO￿￿e refvnd5.
Approved andJccepttd byth•trus¢e¢s
Page 2

Section B Statement of assets and liabilities as at 31st March 2024
Unfestrictèd
funds
tlesignatgd
funds
n•argst£
Categorles
D8tails
to n•ar88t£
Cash funds
Cash in hand aThl at bfiftk
63,822
49.215
Total cash funds
53.822
49,216
Unr•$trictgd
funds
Deslgnatad
funds
Detail$
to n•arnrt£
ty) nMrnsi£
Other monetary a8s0ts
Fund to whlch
Ot b•knn
Oetall8
Cost lopkn•
Inve8lment a888ts
N¢x
Fund to whlch
aJ••t ￿kIn
Details
Co•t loptlon•ll
A88ets retained lor the
charity's own u80
L&YR fF4-O Pug bxmcth• 51218
L&YR CL4-O Pug I￿oMot￿• 19
DoswJna¢•S
L&YR IW Saddknank 1xomcll￿ 752
Do8wJnaled
L&VR &wh8el First C8mag• 279
unre51￿1•d
L&YR 8-wh￿l Third Cama90 1507
Oesynat•d
L&YR Bog￿ Brake Third Cam8ge 1474
0osvJnated
L8YR Bogio Club Carn48 47
Unrestricted
CarrFBge& repairs
DesvJnaled
Tools and oquipment
Unrestricted
Spare parts
Unrestiicted
Stalionery
unrmI￿1•d
Sth8 Sto
Unrv#iitie
Fund to whkh
Il•bll
Afflount du•
Details
Llabllltles
Appro¥•d and aee•pt•d ty t
truste
Page 3

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's report on the
accounts
Section A
Independent Examiner's Report
Report to the trustees
Lancashire and Yorkshire Railway Trust
On accounts for the year
ended
31 March 2024
Charity no
(if any)
1157071
Set out on pages
2and3
I report to the trustees on my examination of the accounts of the above
charity (Ihe Trust.) for the year ended 31 March 2024.
Responslblllties and
basis of report
As the charity's trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
('the Acf).
I report in respect of my examination of the Trust'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 I have completed my examination. I confimi that no material matters have
examlner's statement come to my attention in connection with the examination (other than that
disclosed below ") which gives me cause to believe that in, any material
respect..
the accounting records were not kept in accordance with section 130
of the Charities Act; or
the accounts did not accord with the accounting records., or
the accounts did not comply with the applicable requirements
concerning the fomi and content of accounts set out in the Charities
(Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fair, view which is not a matter
considered as part of an independent examination.
I have no concems 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.
Signed:
Date:
Name..
Frank Lewis Hodgkiss
Relevant professional
qualification(s} or body
(If any):
F.C.A.
Address:
195 Newbrook Road. Atherton
Manchester M46 9HA
IER
Oct 2018