## 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
S*K•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
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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•rt*tthJrt
24965.10
-iJi
95y7A2
l97
C4sh Inh•nd
911.411
121011.74
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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