CHARITY COMMISSION FOR ENGLAND AND WALES Trustses. Annual Report for the period From: To: Period start datè 0110412024 Peri¢xl •nd date 3110312025 Charity name: LNER Coach A8soclation Charity registration numb•r: 1183387 Objectives and Activities SORP r•f•rnn P8ro 1 17 Summary of the purposes of the charity as sét out in its ovemin document Summary ofthe main activities in relation to those purposes for the public benefit. in particular, the activities, projects or Services identified in the aoUnt8. TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE ART AND TECHNIQUE OF RAILWAY COACH BUILDING, BY. OBTAINING. RESTORING AND OPERATING A COLLECTION OF LONDON & NORTH EASTERN RAILWAY ILNERI PASSENGER AND NON-PASSENGER CARRYING COACHING STOCK ANDIOR THOSE OF CONSTITUENT COMPANIES OF THE LNER. Para 1.17 and 1.19 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, INCLUDING THE RECREATION OF AUTHENTIC EXPERIENCES OF THE GOLDEN AGE OF RAIL TRAVEL FOR THE PUBLIC TO ENJOY. THE PRESERVAnON AND PROTECTION OF THE COLLECTION FOR THE BENEFIT OF FUTURE GENERATIONS. Statement Gonfi'rming whether the trustees have had regard to the guidan issued by the Charty commission on public benefft Parn1.18 The Trustees are confident that the publi benefits from the activrties of the Charity, because the public has the opportunity both to visit the Association's restoration facililies, and to travel in the restored coaches and appreciate their heritage value at a number of herita e railwa locations. Addltlonal Infomiation (optional)
You ma choose to include further statements where relevant about.. SORP r6fgr8nc* No grants are made Policy on grant making Para 1.3B Policy on social investment including program related investment Pwa 1.38 The Association has a team of up to 40 volunteers who work regularly on our restoration projects, contributing an estimated 8,000 hours annually. Contrlbution made by volunteers Para 1.38 Oth8r Achlevoments and Performanc8 SORP reference We continue to restore our heritage assets wlth multiple vehicles und8r restoration at our premises at Kirby Misperton and on the North Yorkshire Moors Railway (NYMR). We also have a partn8rship with the Stainmore Railway Company (based at Kirkby Stephen in Cumbria}, who have one of our carriaggs in service and available for the public to travel in. Another dating from 1890 in our ownership is awaiting restoration. Summary of the main achievements of the charty, identifying the difference the charity's work has made to the circumstan$ of rts beneficiaries and any wider benefits to society as a whol8. P4rn 1.20 We also continue our partnership with the Embsay & Bolton Abbey Steam Railway where a historic buffet lounge car, once part ofthe 'Elizabethan Expre8S" IS avallable for the public to travel in. We have bèen able to recruit several new volunteers over the last 12 months, some of a much younger age and we are ensuring that heritage skills are transferred down to future generations. The North Yorkshire Moors RaiNYay have been unable to run some of our vehicles that they have on long-term contrad hire from us again this year due to a backlog of mechanical repairs of which are their res onsibilit This means that some of the
carriages based on the NYMR have not been aessIble to the public. However, the restoration shed at Pickering is open to the publi¢ on rtain days and our volunteers have been able to give guided tours explaining the history and restoration of a unique and historically significant dining car dating from 1894. Addltlonal Infomiatlon loptlonal) You ma choose to include further stat8ments where relevant about.. Achievements against objectives set Para 1.41 Perfomiance of fundr8ising activities against objectives Set P4ra 1.41 Investment performance against obje¢tive8 P8ri 1.41 Other Financial Review Review of the charity's financial position at the end of the period Par8 1.21 The Associalion had income of some £184k and expenditure of£189k for the year, generating a small deficit of £5k. The Trustees consider the osition satisfacto The Trustees have detemined that b8cause of the Association's long-term hire contract with the North Yorkshire Moors Raifway, minimum cash reserves need to be no more than three months ex endtture. £20,000 Statement explaining the policy for holding reserves stating why they are held Para 1.22 Amount of reserves held Para 1.22
Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concem 1.22 Par8 1.24 Nla Para 1.23 Addltlonal Infomiallon loptlonal) You ma choose to include further statements where relevant about.. Donations from m8mbers L8gacies Hire of carriages to third parties Grants from NHLF and oth8r grant- funding bodies Sponsorship of componentslareas ofs ecific carria 8 restoration. The charity's principal sources of fLtnds (including any fundraising) Para 1.47 Nla Investment policy and objedives including any Social investmeni policy adopted Para 1.46 Loss of major benefactor. North Yorkshire Moors Railway {NYMR) does not renew or reneges on current contract. Los8 of volunteer8 due to age, new interests and other reasons. Cost of moving unrestored carriages if forced to vacate current premise$. Loss of contractors and relevant ecialisl skills. A descrlption of the princip81 risks facing the charty Pam 1.46
Structure, Governance and Management Description of charity's trusts.. Type of governing document Para 1.25 Trust How is the charity constituted? . J:"l?orated Pard 1.25 cio Trustee selection methods including details of any constitutional provisions 8.g. election to post or name of any person or body entitled to appoint one or more trustees Para 1.25 Nominees for Trustee posts are invited from the membership, or the Trustees may nominate a person for a role with specific skills. In each case subject lo a proposer and seconder, each applicant will be subject to an election by the memb8rs. Addltional informatlon loptional) You rna choose to include further ststements where relevant about: Policies and procedures adopted for the induction and training of trustee8 P4ra 1.31 The charity's organisational 8tructur8 and any wider network with which the charity works P•rn 1.51 Relationship with any related partl8S P8r8 1,51 oth8r Reference and Administrative details Charit name Other name the charit uses istered charit number Charity's principal address LNER COACH ASSOCIATION LNERCA 1183387 Unit 10, Beansheaf Industrial Park Tofts Lane Kirby Misperton Mallon North Yorks Y017 68G
Names of the charity trustees who manago the charty D8ts8 actod If not for whole oar Trustee rnme Office Of any) Name of poY8on lor body) ontlti•d oint trustee If a Murray Brown Murray Brown Bill Monks Acting Chairman Vice Chairman 01.04.24- 07.09.24 07.09.24- 31.03.25 01.04.24- 07.09.24 07.09.24- 31.03.25 Bill Monks Chairman Dave Cullingworth Adrian Laming Peter Wilson Secretary Treasurer Membership Secretary H&S Officer Neil Cawthorne Gordon Wells Paul Johnson Russ hitWaM Deborah Cross Shaun Saltmarsh 10 Cor orate trustee8 - n8mes of the directors at the date the re Dlr•¢tor name ortwasa oved Name of trustee8 holding title to property belonging to the charty D•t•• •ct•d If not for whole Tru•tw namo ••r
Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objects Details of arrangements for safe custody and segregation of such assets from the charity's own assets Addltlonal inforniation (optlonal) Names and addres80$ ol advlsers (Optlonal Infomiatlon) Type of Name Addr8 adviser Name of chief exe¢utlv8 or names ol senlor stsff membor8 (Optlonal Informatlon) Exemptions from dlsclosure Reason for nondisclosure of ke ersonnel details other o tional information
Declarations Tha trustaos declare that they have approved th8 trusteo8' rnport above. Signed on behalf of the charity's trustees Slgnaturels Full namel8) Position (eg Secretsryi Chair, etc) AJ Date 1<6tnW 202¥
Treasurer’s Report for the year ended 31 March 2025
I am pleased to report that we have maintained our strong financial position throughout the year, and I have every confidence that we will continue to target our expenditure where it can produce the best results for our Association. I would like to thank my fellow members of the Finance Committee for their contributions towards this.
We are very aware that we are embarking on a different direction for the Association, aiming to reach a point where we are self-financing through contracting out our skills and services, and hiring out our carriages to various heritage railways. This will be enhanced by targeted appeals (e.g., 23896) to fund specific restorations.
I must also thank Ian Philpott (our Independent Examiner) for his unqualified opinion on the accuracy of our accounting records (appended) and his usual speedy turnaround of his due diligence work.
Adrian Laming, LNERCA Treasurer
Statement of Financial Activities for the year ended 31 March 2025 as approved by the Independent Examiner
Receipts and Payments
| Receipts Note Unrestricted funds Restricted funds |
Receipts Note Unrestricted funds Restricted funds |
Receipts Note Unrestricted funds Restricted funds |
Total for year Total for prior year 50,904 47,420 32,898 13,740 79,778 152,559 3,280 4,024 18,127 67,233 184,987 284,976 Total for year Total for prior year |
Total for year Total for prior year 50,904 47,420 32,898 13,740 79,778 152,559 3,280 4,024 18,127 67,233 184,987 284,976 Total for year Total for prior year |
|
|---|---|---|---|---|---|
| Hire income 2 Other sales 3 Donatons 4 Membership fees Other income 5 |
50,904 32,898 78,193 3,280 18,127 |
- - 1,585 - - |
50,904 32,898 79,778 3,280 18,127 |
||
| Total Receipts 183,401 1,585 Payments Note Unrestricted funds Restricted funds |
184,987 Total for year |
||||
| Carriage Costs – Labour 6 123,066 1,162 Carriage Costs – Materials 7 21,177 - Workshop Expenses 8 6,972 - Administraton & General Expenses 9 34,182 - Haulage 2,450 - |
124,228 21,177 6,972 34,182 2,450 |
108,072 74,290 10,236 27,143 18,199 |
Page 0
Storage of Carriages and 723 - 723 2,512 Spares - - - Training 1,740 Total Payments 188,570 1,162 189,732 242,192
Statement of Funds
| Note Total for year Total for prior year |
Note Total for year Total for prior year |
Note Total for year Total for prior year |
|---|---|---|
| Total Funds brought forward 10 90,714 42,913 Total Income 184,987 284,976 Total Payments (189,732) (242,192) VAT Adjustments 11 5,764 5,017 |
||
| Total Funds carried forward 10 |
91,733 | 90,714 |
Notes to the Financial Statements Year Ended 31 March 2025
-
1.1 In accordance with section 133 of the Charities Act 2011, these accounts are produced on a cash basis. All amounts are denominated in Sterling.
-
1.2 Independent examination is set out in Part 8 and Sections 145 and 152 of the 2011 Charities Act to allow Trustees of smaller charities to opt for this simpler form of external scrutiny in place of an audit.
-
1.3 Unrestricted funds are available for use at the discretion of the Trustees to further the charity's general objectives. Restricted funds are those given by a donor for a specific purpose.
-
1.4 Notes to these accounts are not a requirement. However, they are included in the interests of transparency and historical record to assist members in understanding the financial position of the Association.
2. Hire income
| Unrestricted funds Restricted funds Total for year Total for prior year |
Unrestricted funds Restricted funds Total for year Total for prior year |
Unrestricted funds Restricted funds Total for year Total for prior year |
Unrestricted funds Restricted funds Total for year Total for prior year |
|---|---|---|---|
| Service Set to NYMR Polar Express Hire of 1706 |
50,004 - - - 900 - 50,904 - |
50,004 - 900 50,904 |
41,670 5,000 750 47,420 |
3. Other Sales
| Unrestricted funds Restricted funds Total for year Total for prior year |
Unrestricted funds Restricted funds Total for year Total for prior year |
Unrestricted funds Restricted funds Total for year Total for prior year |
Unrestricted funds Restricted funds Total for year Total for prior year |
|---|---|---|---|
| Contract Restoraton Work Sales of parts and tmber Storage charges |
28,440 - 2,208 - 2,250 - 32,898 - |
28,440 2,208 2,250 32,898 |
- 9,240 4,500 13,740 |
Page 1
- Donatons
| Unrestricted funds Restricted funds Total for year Total Unrestricted donatons 9,564 - From Stringer legacy 68,629 68,629 189 - 100 100 3087 - 850 850 3857 - 135 135 18477 - 200 200 23896 - 300 300 Calendar - - - PASMA training course - - - 78,193 1,585 79,778 |
Unrestricted funds Restricted funds Total for year Total Unrestricted donatons 9,564 - From Stringer legacy 68,629 68,629 189 - 100 100 3087 - 850 850 3857 - 135 135 18477 - 200 200 23896 - 300 300 Calendar - - - PASMA training course - - - 78,193 1,585 79,778 |
Unrestricted funds Restricted funds Total for year Total Unrestricted donatons 9,564 - From Stringer legacy 68,629 68,629 189 - 100 100 3087 - 850 850 3857 - 135 135 18477 - 200 200 23896 - 300 300 Calendar - - - PASMA training course - - - 78,193 1,585 79,778 |
Unrestricted funds Restricted funds Total for year Total Unrestricted donatons 9,564 - From Stringer legacy 68,629 68,629 189 - 100 100 3087 - 850 850 3857 - 135 135 18477 - 200 200 23896 - 300 300 Calendar - - - PASMA training course - - - 78,193 1,585 79,778 |
for prior year |
|---|---|---|---|---|
| 9,564 68,629 - - - - - - - 78,193 |
- 100 850 135 200 300 - - 1,585 |
68,629 100 850 135 200 300 - - 79,778 |
114,977 28,608 100 6,993 318 100 363 600 500 152,559 |
5. Other Income
| Unrestricted funds Restricted funds Balance from closure of sales account 27 - Bank Interest 1,421 - Easyfundraising and Amazon Smile 168 - Gif Aid receipts 6,234 - Legacy receipts 10,000 - Other receipts 277 - 18,127 - 6. Labour Costs by Carriage Unrestricted funds Restricted funds |
Unrestricted funds Restricted funds Balance from closure of sales account 27 - Bank Interest 1,421 - Easyfundraising and Amazon Smile 168 - Gif Aid receipts 6,234 - Legacy receipts 10,000 - Other receipts 277 - 18,127 - 6. Labour Costs by Carriage Unrestricted funds Restricted funds |
Unrestricted funds Restricted funds Balance from closure of sales account 27 - Bank Interest 1,421 - Easyfundraising and Amazon Smile 168 - Gif Aid receipts 6,234 - Legacy receipts 10,000 - Other receipts 277 - 18,127 - 6. Labour Costs by Carriage Unrestricted funds Restricted funds |
Total for year Total for prioryear |
Total for year Total for prioryear |
|---|---|---|---|---|
| 27 - 1,421 600 168 128 6,234 13,690 10,000 52,815 277 - 18,127 67,233 Total for year Total for prioryear |
||||
| 189 945 1623 1706 3087 23896 23956 43567 43632 56856 88339 Carriage Labour Costs – other Volunteer organisaton |
16,537 384 948 - 19,619 168 - 7,761 32,443 8,466 29,419 5,891 1,430 123,066 |
120 - - - 850 - 192 - - - - - - 1,162 |
16,657 384 948 - 20,469 168 192 7,761 32,443 8,466 29,419 5,891 1,430 124,228 |
4,022 1,837 - 24,219 18,644 7,655 192 9,627 44 37,573 9.637 621 3,628 108,072 |
- Material Costs by Carriage
Unrestricted Restricted Total for Total for
Page 2
| funds funds |
year prioryear |
year prioryear |
|
|---|---|---|---|
| 189 3087 43567 43632 56856 88339 Materials - other |
1,556 - 1,324 - 227 - 454 - 7,680 - 1.309 - 8,627 - 21,177 - |
1,556 1,324 227 454 7,680 1,309 8,627 21,177 |
- 32,718 - - 1,105 - 40,467 74,290 |
Page 3
8. Workshop Expenses
| Unrestricted funds Restricted funds Total for year Total for prioryear |
Unrestricted funds Restricted funds Total for year Total for prioryear |
Unrestricted funds Restricted funds Total for year Total for prioryear |
Unrestricted funds Restricted funds Total for year Total for prioryear |
|---|---|---|---|
| Broadband and computer Cleaning Electricity, wood, buildings insurance Fire alarm Heater maintenance & heatng Rates Tools and equipment Waste removal |
1,124 - - - 2,298 - 510 - 457 - 2,122 - - - 461 - 7,232 - |
1,124 - 2,298 510 457 2,122 - 461 7,232 |
1,538 485 2,538 949 495 2,263 496 314 10,236 |
9. Administraton Expenses
| Unrestricted funds Restricted funds Total for year Total for prioryear |
Unrestricted funds Restricted funds Total for year Total for prioryear |
Unrestricted funds Restricted funds Total for year Total for prioryear |
Unrestricted funds Restricted funds Total for year Total for prioryear |
|---|---|---|---|
| Admin staf Employee costs HSE Consultancy HSE Fees Independent examiner fees Insurance Marketng Newsleter Ofce consumables Other expenses Postage Website |
0 - 16,074 - 825 - 9,844 - 350 - 5,122 - - - 643 - 906 - 67 - 76 - 275 - 34,182 - |
0 16,074 825 9,844 350 5,122 - 643 906 67 76 275 34,182 |
2,070 18,499 0 - 225 4,213 667 914 755 102 202 251 27,143 |
10. Breakdown of Funds
| Unrestricted funds Restricted funds Total for year Total for prioryear |
Unrestricted funds Restricted funds Total for year Total for prioryear |
Unrestricted funds Restricted funds Total for year Total for prioryear |
Unrestricted funds Restricted funds Total for year Total for prioryear |
Unrestricted funds Restricted funds Total for year Total for prioryear |
|---|---|---|---|---|
| Old Current Account Current Account Deposit account Membership Acc Cash 32 day notce savings account 95 day notce savings account |
- 6,482 28,647 2,325 - 25,254 25,395 88,013 |
- - 3,720 - - - - 3,720 |
60 6,482 32,367 2,325 - 25,254 25,395 91,733 |
692 5,294 83,595 1,205 560 0 90,714 |
Page 4
11. VAT Adjustments
VAT is accounted for on a cash basis, and returns are made quarterly. HMRC settles the returns in the following quarter. Therefore, there is a time lag that requires reconciliation.
| Period 03/24 repayment received in April 2024 Period 03/25 repayment received in April 2025 Prior year VAT adjustment Net Adjustment |
6,249 (545) 60 5,764 |
|---|---|
12. Summary of Restricted Funds
| Balance brought forward Receipts Expenditure Balance carried forward |
Balance brought forward Receipts Expenditure Balance carried forward |
Balance brought forward Receipts Expenditure Balance carried forward |
Balance brought forward Receipts Expenditure Balance carried forward |
|---|---|---|---|
| 189 3087 3857 18477 23896 Calendar |
2,550 - 1,245 730 - 600 5,125 |
120 120 850 850 0 1,245 120 - 300 300 - - 1,090 2,215* |
2,550 - - 850 - 600 4,000 |
*Donor agreed to transfer donations to general funds.
Page 5
CHARifi COMMISSION Flyi ETrLAND IMJ VIE$ Independent examinerfs report on the accounts Se¢tion A Independent Examinèr's Report Reportto th¢ tr1#0 LNER Coach Association On •ccounl• for th• ymr •nd¢d 31 Juty 2026 ¢h•rlty rK+ Ibf any) 1183387 Set out on p•q•8 Aecounts Ono to Ac¢oun¢• Flv• I rewl 19 tru•tee8 on my examination ofthe xc4yMt8 oftr abovè anty nh8 Tru) for ts year end•J 31 JLdy 2025. R••pon•lbllttlM and ba$1$ of r•port As th tharivg IrLthes. you are reswrnlble Ic¢the wepar8tion d the •ctounts in aece(danr withth? r•wir•mewts ofth• chari11 Ad 2011 Arfl I in r•8p8d of my auminoliw of th• Tnot¥ a¢nts ¢arrwd oul der aeth'or$ 145 01 th& 2011 Ad aThl in carrying out my examinlOn. I have I1 all ihe applKAble Direth"ons gN6n by the Chariiy Commission LKKl8r 68thon 14515llbl of the A(t Indep•nd•nt Tha dnty'8 gro ineoma exceeded £250.0 in the wor year and l 8m •x4mlnerfs •tatsm•nt qualifd lo undert8ke the ex8mln8tiM by bwng • qu•lrfJ membor of Th Chartered Association ol Certffied Amntants. I ha¥• e4JmF4•téd my èxnSnafjon. I cortfim) thai no matèrfal m#ttB havè com• to my attention in conmdion with th8 •x8Mwi8'On gNès m• c•uge to bdieve that in. any material peCt. tho accountiro recorth not k8Pt Sn accordance wrth ucifjon 130 of the Ch8riti8g A(a.' r the accounts accord wrth the accounttn9 records." or th# aecounts nol CeffjF4y ith thè apF4tsN8 raquirem•nts ¢on¢4min9 the fo 8n(I conlont of 8¢¢ount8 s•t out in lh• Chg1th8 (AunIS and ReWI Rg3ulath?ns 2008 oth8r than any requirem¢nl that Ihe acxounts give a Irue and tair. which is nol a m&tter i$idefe¢ a$ part of on ind¢Fendent 8x8minaticffl. I hav? np conc¥m¥ aTrJ hav o)rn¢ ¥ttoss no other matttsrn in Conned)n with •xarninatitin to whth attention should bo drawn in this rewt in to 8natl• a understsThJing of the accounts lo reached. * ddoto th• iii tho IKack6tsrfth•ydonrA AW. 8lgn•d: Dat•: 21 Juty 2025 Nm•: l&n Plilpott A•vnI prnl•Mlonal qu•lffi¢atlorf•l or body Ilf ¥nyl: FCCA Addr•#.' om Aeeountww 39 Limit•d