2025-03-31-accounts

LANCASHIRE AND YORKSHIRE RAILWAY TRUST

(Charitable Incorporated Organisation)

Trustees’ Annual Report for the period 1 April 2024 to 31 March 2025

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 2025

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 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 March 2025 in addition to the provision of operational locomotives and carriages for scheduled services, the trustees were able to provide suitable carriages for a feature film made on the Worth Valley Railway. Also to provide locomotives for special events at Didcot Railway Centre and Severn Valley Railway. An unexpected legacy was gratefully received from the estate of a long-term supporter of the Trust.

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 2025 shows incoming resources of £25324.94 and resources expended of £5349.83.

Lancashlre and Yorkshlre Rallway Trust- CIO re Re¢elpts and paymerf •c¢ounts Istered number 1157071 Account Sectioii A Receipts arid payineiit5 Unr•5trlct•d IG•D•r•ll F￿fid Ilyi 19,. 51218 5.107 LYR 752 U465. epllrs IYR 1474 1.142.34 LTh 1507 53M21 kEQ. ,4)2. ) IWi.94.' ￿1.)) 4.7k7.39', 6124.50 L585.39 21flJA9 L￿6.921 2128A3 575.ryj 41orKJ 55 SK•solJto( Ihtw Hlr•olfulUr4Jtoc L152.2Z J52AI 13A3 14.35 1257. 1•37.62 4352.50 24.41 4JO SI￿￿1+£bI¥lv•vpII 218.81 587.81 TB 71&16 Eb#ylP•ypl l••••Thlthirp¥ iJ2.0& 2J7,49 Mornb•i¥hlph•ll•ts ON TRUSTJown•llN•wththl SJ.70 27,JO 49.32 165.1)Ji $29.50 0.10 w•b￿t• f•• 49.52 i65.C 4,335.91 5.Y22.5J .10 156.1)J InsLv•nt• T•kni. OK 27. 1.35 617.44 19)5.651 L743.571 OA)J OAII OAI OK•) O.L¥J iJ.43, 19.js 2J951.07 om 1392J3' .ItsS. 4.279.29 om c4rrfy IL¥th w r•p•lr¥ >win4 67.215.93 5A•.OJ C￿￿￿bIlIn¢4f LkThthTr••ur•rttthJrt 24965.10 -iJi 95y7A2 l97 C4sh Inh•nd 911.411 121011.74 I. rnF•rtsd•tCb3M￿Of 202>2024•KuAIThts. Fd4fKtthwh Iriiitityjdry. 5.th•ry•Jlgr te4J •TrJ wwldbl••bry. Itso P•yP•l¢hn•knf• E(4C

Section B Statement of assets and liabilities as at 31st March 2025 Unrestrlct funds to n•arn8t £ Designated funds to ngarn•t £ Catogorlos Detalls Cash fund8 Cash in h8r#J and at bank 67.216 SS,796 Total ¢a3h funds 67.216 55,796 Unrestrfcted funds to nmrnst £ De•lgnated fund• to n••r••t£ Detalls Other mon•tary as••t8 Fund to ¥thlch Detall8 InV￿tment asmts Fund to whlch •t b•lon Detalls A88ets retslnod for th• charity'8 own u80 L&YR IW Pw Ict0)￿.￿ 51218 L&YR 044) PWJ lttcfflotive 19 Destgngbj L&YR S&Jdletank I¢x4)Thhkn 752 L&YR 6-Trhtsd Firsi C•m•w 279 Urwestricted L&YR 6-￿8¢1 Third Cam8g• 1507 Unwlrieknj L&YR Bogi8 Brake Third Carfage 1474 Unr•stn"clod L&YR Cl￿) C8rTiW 47 Unrestricle•J C8rri8w Designated T￿1 and Unmtricled Spore parts Unr•stricled StatsLY Unrnstrtd•d Sakn st(Kk unrestr￿¢& Fvnd to T*hkh Il•bll Amount du• Details Llabllltles Approv•d and a¢¢oKtsd by th• fJrJc

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Lancashire and Yorkshire Railway Trust On accounts for the year ended 31 March 2025 Charity no (If any) 1157071 Set out on pagos 2and3 I report to the trustees on my examination of the accounts of the above charity ('the Trusf) for the year ended 31 March 2025. Responslbllltles and As the charity trustees of the Trust, you are responsible for the preparation basls of report of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act.). l ￿port 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 the applicable Directions gNen by the Charty Commission under section 145(5)(b) of the Act. I have completed my examination. I conf imi that no material matters have come to my attention in connection with the examination which gives me cause to b81ieve that in, any material respect: accwnting records were r￿t kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent oxamlnorfs statomont I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understsnding of the accounts to be r8ached. Slgned: Dato: Namo: Frank Lewis H(Klgkiss Relevant professlonal qualification(s) or body (if any): F.C.A. Addross: 195 Newbrook Rd, Atherton, Manchester, M46 9HA Section B Disclosure Only complete rf the examiner needs to highlight matters of concern (see CC32, Independent examination of chanty accounts: directions and guidance for examiners). IER October 2018