2024-12-31-accounts

Registered Charity Number :_ 08929040 COLNE VALLEY IL4ILWAY PRESERVATION LTD TRUSTEES, REPORT FINANCIAL sTATEmE￿s FOR THE YEAR END 31 December 2024 Yeldlwn Road

COINE VAILEY RAILWAY PRESERVATION LTD FOR THE YFAR ENDED 31 Decembu 2024 TRUSTEES. REPORT............................................................. . STRUCTURE. GOIERNANCE AND NI￿lAGEmENT.................................................................................... REFERENCE ATr4D ADMITrlSTRATIIE DETAILS............................................................................................ Registered Compan!, number......................................................................................................................... ........ Registered Chan'ty. number..................................................................................................................................... Registered office... Trustees................................................................................................................................................................... Compan)" Secretary................................................................................................................................................. li INDEPE￿￿E￿ EX4MtNER'S REPORT............................................................................................................ Independent examiner's report to the tnistees of Colne N'alle)" RaIl￿'aY PreserK"ation Ltd ('the Company.).......... Responsibth'ties and basis of report... ... Independent examiner's statement.......................................................................................................................... STAIElvIENt OF FINATrCIAL ACTII'ITIES....................................................................................................10 BALAN￿ SHEET..............................................................................................................................................11 OTES TO THE FINANCIAL STATEMENfs..................................................................................................13

The trustees who are also directors of the charity for the purposes of the Companies Act 2006: present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015). STRUCTURE, GOVERNANCE AND MANAGEMENT Goi"erning document The objective of the charity is to preserve the section of the railway line: carriages, locomotives: engines, wagons for use on the line and the preservation of the surrounding area. The charity is controlled by its governing document, a memorandum and articles of association dated 7 March 2014, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Risk management

FOR THE YFAR ENDFD 31 December 2024 The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 08929040 (England and Wales) Registered Charity number 1157665 Registered office Yelclham Road, Ca3tle Hedingham, Ha13cead, E33ex, C09 3DZ Trustees P W Lemon S Lemon S Halls G Claydon R Monksfield(resigned Apr 2024( D Clews M Smith S Clark

Sally Halls Sally Halls (Mar 25, 2025 12:36 GMT)

Sally Halls (Apr 7, 2025 10:18 GMT+1)

COINE VAILEY RAILWAY PRESERVATION LTD FOR THE YFAR ENDED 31 Decembu 2024 Independent examiner's report to the trustees of Colne Valley Railway Preservation Ltd ('the Company,) I report to the charity trustees on my eKarni￿tIOn of the accounts of the Company for the year ended 31 December 2024. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (the 2006 Act). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act• carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. In Independent examiner'f Statement

COINE VAILEY RAILWAY PRESERVATION LTD FOR THE YFAR ENDED 31 Decembu 2024 Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that l am qualified to undertake the examination because l am a registered member of Institute of Financial Accountants which is one of the listed bodies. I have completed my examination, I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I hai-e no concerns and hai-e come across no other matters in connection Mith the examinatton to M'lll"ch attention should be dra￿￿ in report in order to enable a proper ullderstand￿g of the accouats to be reached.

COINE VAILEY RAILWAY PRESERVATION LTD FOR THE YFAR ENDED 31 Decembu 2024 Paul Pritclwd Institute of Financ￿1 Accountants Abacus Accountancy 105 Courtyard Studios Lakes Innoi"atton Centre Bramtree. Essex CM7 3AN

COINE VAILEY RAILWAY PRESERVATION LTD FOR THE YFAR ENDED 31 Decembu 2024 Recommended categories b!". actiiity ITnrestrActed funds Total Funds 2024 Total Funds 2023 Notes Income and endowments from: Donations and legacies 42.873.43 42,873.43 18.346.14 Chan"table actiNities 4.645.49 4.645.49 3.326.00 Total 47,518.92 47,$18.92 21,672.14 Expenditure on: R￿'Sing funds 14.340.56 14.340.56 8.943.98 Clwi"table actiiities 11.240.96 11.240.96 8.563.60 3.109.84 3.109.84 4.182.50 Total 28,691.35 28,691.35 21,690.08 et AncomeJ(expenditure) 18,827.57 18,827.57 (17.94) Net morement in fllnds 18,827.57 18,827.57 (17.94) ReconcnliatlOD of funds: Total funds brought fon17rd 1.312.06 1,312.06 1.330.00 Total funds carried fonvard 20,139.63 20,139.63 lJ12.06

COINE VAILEY RAILWAY PRESERVATION LTD FOR THE YFAR ENDED 31 Decembu 2024 Recommended categories b!". actiiity ITnrestrActed funds Total Funds 2024 Total Funds 2023 Notes Fixed assets Tangible assets 1.931.246.20 1.931.246.20 1.908_875.20 Heritage assets 222.534.48 222.534.48 251.534.48 Total rued assets 2,153,780.68 2,153,780.68 2,160,409.68 Current assets Debtors 10 78.102.18 78.102.18 69.356.37 Cash at bank and in hand 11 32.61 32.61 3.20 Total current assets 78,134.79 78,134.79 69J59.57 Creditors" amounts fallmg due one )"ear 12 111.890.61 111.890.61 115.295.43 Net current 15sets/Oiabilities) (35,755.82) (35,755.S2) (45,935.86) Total assets less current liabilities 2,120,024.86 2,120,024.86 2,114,473.82 Creditors." amount5 fallmg due after one year 13 111.785.67 111.785.67 125.061.20 Total Det assets or liabilities 2,008239.19 2,008239.19 1989,412.62 Funds of the Charity Unrestricted funds 14 20.139.63 20.139.63 1.312.06 Restricted income funds 14 EndoThinent funds 14 Total funds 20,139.63 20,139.63 lJ12.06 The financial statements Th'ere approN"ed by the Board on xx-xxx-xx and signed on its behalf by: P W Lemon Tn￿tee 10

COINE VAILEY RAILWAY PRESERVATION LTD FOR THE YFAR ENDED 31 Decembu 2024 l Accounting Policies 1.1 Accounting Policies The prmcipal account]ng p0￿cleS adopted by the Charity. 1i4llch is a pubhc benefit entity. in the preparation of the accounts as folloiiE. 1.2 Basis of preparation These accounts hai"e been prepared under the lllstorical cost coni"ention. as modified by the ￿clUsion of chan'table operties and f￿ed asset ini"estments and ini"estment properties at i"aluatio These accounts hai"e been prepared ￿ accordance iNIth "Account]ng and Reporting by Charities: StatetDent of Recommended Practice applicable to charities preparing their accounts ￿ accordance iiith the Finallc￿ Reporting Standard applicable in the and Repubhc of Ireland (FRS 102)".: (effectii"e l JanuaTI' 2019) - (ChaTities SORP (FRS 102)). the Flllancial Reporting SLindard apphcable Jn the UK and Repubtsc of Ireland (FRS 102) and the Charities Act 2011. These accounts are presented in pounds sterlmg and rounded to the nearest pound. IJ Going concern The Trustees hai"e Prepared financthl projections, taking into consideration the current economic conditions and haN"e. at the tinie of appro1￿g these accounts. a reasonable expectation that the charity has adequate resources to contmue in operational ejustence for the foreseeable future. Thus they contmue to adopt the gomg concern basis of accoUnt￿g in preparing the accounts. 2 Income from Donations and Legacies I'nrestricted funds Total funds 2024 Total funds 2023 An2h:sis Donation and gifts Member5kn'p subscriptions and sponsorships ii"lll'ch are in substance donations 27.815.40 27.815.40 8.514.79 5.598.27 5.598.27 5,223.53 9.459.76 42,873.43 9.459.76 42.873.43 4.607_82 18.346_14 11

COINE VAILEY RAILWAY PRESERVATION LTD FOR THE YFAR ENDED 31 Decembu 2024 3 Income from Charitable Activities LTnrestricted funds Tot21 ￿ndS 2024 Total funds AnalTr3is 2023 200 Club Mllu" Rad Use 2,849.99 1.795.50 4.645.49 2,849.99 1.795.50 4.645.49 1,896_00 1.430.00 3.326.00 4 Expenditure on Raising Funds Total funds Total funds 2024 2023 2knali.sis Rent collectioo propety repa￿S and rna￿tenance charges Support Costs 12.948.37 1.392.18 14.340.56 8.762.85 8.943.98 5 Expenditure on Charitable Activities Total funds 2024 Total fund5 2023 Anah:siS Interest pal'able Bank charges LegaL professional ftts Bank Loan Interest Subscriptton Support Costs 3.890.57 639.83 1,4i2.iO 1.370.62 870.2) 3,017.18 11.240.96 3.684.60 681.10 500_00 1.144.62 855.14 1,698_14 8.563.60 6 Support Costs Total funds 2024 Total funds 2023 Anah:sis pr￿tIng and stationery Light and heat Goi-ernance Costs Accountants fees 270.90 2.513.47 207.87 154.40 1.625.00 4,409.37 1.517.00 1,879.27 12

COINE VAILEY RAILWAY PRESERVATION LTD FOR THE YFAR ENDED 31 Decembu 2024 7 Other Expenditure L nrestricted funds Total ￿ndS 2024 Total funds Anah'sis 2023 Other Expenditure Depreciation Charge for the Year - Plant & MaCh￿ery Computer Cost 555.84 555.84 762_50 2,278.00 2.278.00 3.159.00 276.00 3.109.84 276.00 3.109.84 261.00 4.182.iO 13

COINE VAILEY RAILWAY PRESERVATION LTD FOR THE YFAR ENDED 31 Decembu 2024 8 Tangible Fixed Assets 8.1 Cost or i'aluation Freehold Land & Buildings Plant & ￿IaChine At 01 January 2024 Additions 1,899.419.02 62,504.47 25.000.00 th"sposals (4.035.48) ReN"aluations Transfers At 31 December 2024 1.924.419.02 58.468.99 8.2 Amortisation and Amp2Arments Freehold Land & Building5 Plant & ￿IlChi￿ery At 01 January 2024 Adth"tions 53.048.29 2.278.00 th"sposals ReN-aluations (3.684.48) Transfers At 31 December 2024 51.641.81 8.3 Net book i-alue Freehold Land & Buildings Plant & ￿IlchIne At 01 Jalluary 2024 1,899,419.02 9,456_18 At 31 December 2024 1.924.419.02 6.827.18 14

COINE VAILEY RAILWAY PRESERVATION LTD FOR THE YFAR ENDED 31 Decembu 2024 9 Heritage Assets 9.1 Cost or i'aluation Heritage assets -1 At 01 January 2024 Additions 251,534.48 th"sposals (29.000.00) ReN"aluations Transfers At 31 December 2024 222.534.48 9.2 Amortisation and Amp2Arments Heritage asset5 -1 At 01 January 2024 Adth"tions th"sposals ReN-aluations Transfers At 31 December 2024 9.3 Net book i-alue Heritage assets -1 At 01 January 2024 251,534_48 At 31 December 2024 222.534.48 10 Debtors: Amounts falling due within one year Total funds 2024 Total ￿llds 2023 Trade debtors oth￿ debtors 22.713.22 55.3S8.96 78.102.18 14.567.41 54.7S8.96 69.356.37 15

COINE VAILEY RAILWAY PRESERVATION LTD FOR THE YFAR ENDED 31 Decembu 2024 11 Casb at bank and in hand Tot21 funds 2024 Total hnds 2023 Cash at bank and on hand 32.61 32.61 3.20 3.20 12 Creditors: Amounts falling due within one year Total funds 2024 Total funds 2023 Bank loans and oi"erdrafts Trade creditors AT control Other creditors 24.064.21 3.256.40 23).00 84.335.00 111.890.61 30.425.55 642.98 691.90 83.535.00 115.295.43 13 Creditors: Amounts falling due after one year Total hnds 2024 Total funds 2023 Bank loans and ON"etdrafts Other creditors 25.785.67 86.000.00 111.78i.67 30.811.20 94,250_00 125.061.20 16

COINE VAILEY RAILWAY PRESERVATION LTD FOR THE YFAR ENDED 31 Decembu 2024 14 Charity funds 14.1 Details of material funds held and moi'ements during the CURRENT reporting period Fund balances brougbt forward Fund balances carried foThard Fund names Income ExpeDditure Transfers GaiDS and losses I'nrestricted nds 1.312.06 47_518.92 (28:691.35) 20.139.63 Total 1.312.06 47:i18.92 (28:691.35) 20.139_63 14.2 Details of material funds held and moi"ements during the PREIIOUS reporting period Fund balances brought fornard Fund balances carried forn'ard Fund names Income Expenditure Transfers Gains and losses ITnrestricted funds 1.330.00 21.672.14 (21:690.08) 1.312.06 Total 1.330.00 21.672.14 (21:690.08) 1.312.06 14.3 Transfers between funds This Year Amount Bett4'een unrestricted and restricted funds BetTh"een end0￿￿￿ent and restricted funds Beth"een endo￿l￿ellt and untestricted fimds Last Year Amount Bett4'een unrestricted and restricted funds BetTh"een endo￿lLent and restricted funds BetM"een endo￿Trent and unrestricted funds 17

Finalised Accounts - CVRPL - 31st December 2024 - (capium accounts)

Final Audit Report

2025-04-07

Created: 2025-03-25 By: Abacus Accountancy ([e-mail]) Status: Signed Transaction ID: CBJCHBCAABAALIIlf04eZUPNprcVJCl37yIfRqE9t4wg

"Finalised Accounts - CVRPL - 31st December 2024 - (capium a ccounts)" History

• Document created by Abacus Accountancy ([e-mail])

2025-03-25 - 12:15:41 GMT- IP address: 2.217.232.32

Document emailed to Paul Lemon ([e-mail]) for signature

2025-03-25 - 12:16:28 GMT

• Email viewed by Paul Lemon ([e-mail])

2025-03-25 - 12:20:44 GMT- IP address: 168.86.192.149

• Signer Paul Lemon ([e-mail]) entered name at signing as Sally Halls

2025-03-25 - 12:36:54 GMT- IP address: 168.86.192.149

• Document e-signed by Sally Halls ([e-mail])

Signature Date: 2025-03-25 - 12:36:56 GMT - Time Source: server- IP address: 168.86.192.149

Document emailed to Sally Halls ([e-mail]) for signature 2025-03-25 - 12:36:58 GMT

Email viewed by Sally Halls ([e-mail])

2025-03-25 - 12:37:08 GMT- IP address: 66.249.93.228

Email viewed by Sally Halls ([e-mail])

2025-04-07 - 09:17:43 GMT- IP address: 66.249.93.227

Document e-signed by Sally Halls ([e-mail])

Signature Date: 2025-04-07 - 09:18:31 GMT - Time Source: server- IP address: 168.86.192.149

• Agreement completed.

2025-04-07 - 09:18:31 GMT