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 ADMITr*lSTRATIIE 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 FINATr*CIAL 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 (info@abacus-accountancy.com) Status: Signed Transaction ID: CBJCHBCAABAALIIlf04eZUPNprcVJCl37yIfRqE9t4wg 

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

- Document created by Abacus Accountancy (info@abacus-accountancy.com) 

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

## Document emailed to Paul Lemon (paul.lemon@btinternet.com) for signature 

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

- Email viewed by Paul Lemon (paul.lemon@btinternet.com) 

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

- Signer Paul Lemon (paul.lemon@btinternet.com) 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 (paul.lemon@btinternet.com) 

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

Document emailed to Sally Halls (rustycvrlady@googlemail.com) for signature 2025-03-25 - 12:36:58 GMT 

## Email viewed by Sally Halls (rustycvrlady@googlemail.com) 

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## Email viewed by Sally Halls (rustycvrlady@googlemail.com) 

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

## Document e-signed by Sally Halls (rustycvrlady@googlemail.com) 

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