2020-12-31-accounts - Lner Coach Association

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Objecti	ves and	Acti	viti	es
				SORP reference
Summary	ofthe purposes		of	Para 1.17	To advance the education ofthe public	in the
the charity as set out		in its			art and technique of railway coach building
governing	document				including, but not limited to, those on the
					North Yorkshire Moors railwa
Summary activities	ofthe main in relation to those			Para 1.17and 1.19	i) obtaining, restoring and operating collection of London 8 North Eastern	a
purposes	for the public				Railway (LNER) passenger and non-
benefit, in particular,		the			passenger carrying coaching stock and/or
activities,	projects or	services			those ofconstituent companies ofthe LNER.
identified	in the accounts.
					ii) acting as a resource for railway
					preservation organisations to facilitate
					greater public access to, and increased
					public participation in, the education of	the
					aforementioned railway vehicles.
Statement	confirming			Para 1.18	The trustees are confident that the public
whether the trustees		have			benefits from its activities, because the
had regard to the guidance					public has the opportunity both to visit the
issued by	the Charity				Association's restoration facilities, and	to
Commission on public					travel in the restored coaches and
benefit					a reciate their herita e value

Contribution	made	by
volunteers
Other

Achiev	rformance
	SORP reference
		key achievement was the completion of
		he agreement with the NYMR whereby the
Summary ofthe main achievements ofthe charity, identifying the difference the charity's work has made to the circumstances of its	Para 1.20	ssociation is now responsible for the aintenance ofthe teak set, in return for he NYMR paying a hire fee for the set's se. This will help ensure that there will Iways be a rake ofteak carriages running
beneficiaries and any wider benefits to society as a		n the NYMR that the public will appreciate nd enjoy travelling in. Our flagship
whole.		estoration project, the recreation ofa
		ictorian dining car in the form ofECJS189
		ade steady progress. When finished this
		ill be a major contribution to the UK's
		eritage railway movement.
		ne other item ofnote to report was the
		ncrease in donations from our members,
		hich is tangible evidence ofthe value of
		he Association's work. Additionally, there
		as an increase in volunteer, who benefit
		rom improvements in mental health and
		ellbeing.
		020 will always be remembered as the
		ear ofthe Covid pandemic, so we were
		rateful to the National Heritage Lottery
		und for an award ofE38k from the Cultura
		ecovery Fund to help mitigate its effects.	l
		nabled us to continue our activities on a
		umber offronts, whilst complying with
		ocial distancing and all the Covid
		e ulations.

Achievements	against	Para 1.41
objectives set
Performance	offundraising
activities against objectives		Para 1.41
set

Finan	cial Review	cial Review
Review	ofthe charity's			Para 1.21	The Association		received a net income of
financial	position at	the end			2106kfor the year, compared			to a net
ofthe period					expenditure of	687k, thereby		generating		a
					surplus of219k,		which is considered a
					satisfactory. The		closing bank balance was
					f.42k
Statement explaining		the		Para 1.22	The policy is to	hold sufficient		reserves to
policy for holding reserves					cover all outstanding contractual				expenses
stating	why they are	held			in the event of	a	total loss of	income. This
					was set at 610k		for 2020, but	is	reviewed
					annuall in the	li	ht ofactual	ex	enses.
Amount.	ofreserves	held		Para 1.22	E10k
Reasons for holding		zero		Para 1.22	Not applicable
reserves
Details	of fund materially		in	Para 1.24	Not applicable
deficit
Explanation of any				Para 1.23	Not applicable
uncertainties about the
charity	continuing as a going
concern

The charity's principal sources offunds (including	Para 1.47
any fundraising)
Investment policy and objectives including any	Para 1.46
social investment policy
adopted
A description of the principal	Para 1.46
risks facing the charity

Othèr

Description of charity's
trusts:
Type ofgoverning document		Para 1.25	Trust
trust deed, royal charter)
How is the charity		Para 1.25	CIO
constituted'?
{e.g unincorporated
association, CIO
Trustee selection methods		Para 1.25	Trustees stand for 3-year terms and are
including details of any			elected	by voting ofmembers		at the
constitutional provisions	e.g.		Annual	General Meeting. One		third of
election to post or name	of		total Trustees		get re-elected at each
any person or body entitled			AGNI.
to appoint one or more
trustees
Additional information	(optional)
You ma choose to include further statements			where relevant		about:
Policies and procedures adopted for the induction	and	Para 1.51
training oftrustees
The charity's organisational structure and any wider		Para 1.51
network with which the
charity works
Relationship with any related		Para 1.51
parties
Other

mes	ofthe charity tru	stees who manage th	e charity
	Trustee name	Office (ifany)	Dates acted ifnot for whole ear	Name ofperson (or body) entitled to appoint trustee (ifan )
1	D Cullingworth	Secretary
2	N Stringer	Chairperson
3	R M Brown	Vice Chairperson
4	A Laming	Treasurer
	P Wilson	Membership
		Secretary
6	SCox	Gift Aid Officer
7	G Wells
8	P Johnson
9	J Hasler
10	RWhitwam
11	Neil Cawthorne	H&S Officer
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