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2022-03-31-accounts

Trustees’ Annual Report for the period

From 1[st] April 2021 Period start date To 31[st] March 2022 Period end date

Charity name: GOWRIE Locomotive Trust CIO

Charity registration number: 1185962

Objectives and Activities

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SORP reference
Summary of the Para 1.17 To advance the education of the
purposes of the charity public in the history and heritage of,
as set out in its in particular but not exclusively the
governing document narrow gauge steam locomotive
GOWRIE, the original of which was
built in 1908 by the Hunslet Engine
Company of Leeds (works number
979) for the North Wales Narrow
Gauge Railway to Fairlie’s Patent
Design by constructing a replica and
displaying and operating if for the
public benefit.
Summary of the main Para 1.17 and Construction of the carrier frames,
1.19
activities in relation to design of new boiler to take into
those purposes for the account the amendments required to
public benefit, in correct the imperfections in the
particular, the activities, original design and also modifications
projects or services to the braking system to allow the
identified in the locomotive to operate on a wider
accounts. variety of heritage railways.
Production of patterns and castings .
Development of the stock for the
exhibition stand and products for sale
Statement confirming Para 1.18 Construction of the replica locomotive
whether the trustees has progressed during this period.
have had regard to the The main public benefit will come
guidance issued by the when significant parts and eventually
Charity Commission on the whole locomotive can be
public benefit displayed, exhibited and operated.
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Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making

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Para 1.38
Policy on social
investment including
program related
investment
Para 1.38
Contribution made by There has been a significant
volunteers contribution by volunteers dealing
with the machining and assembly of
parts made by specialist contractors.
One of the trustees has been
responsible for making the necessary
amendments to the drawings which
will make the locomotive work to the
best of its ability and allow it to run to
modern safety standards and
requirements.
Other
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Achievements and Performance

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SORP reference
Preparation and assembly of the
carrier frames. Machining of ferrous
and non-ferrous parts. All work done
Summary of the main by volunteers.
Para 1.20
achievements of the We have attracted new volunteers
charity, identifying the both young and old to help with the
difference the charity’s construction and machining of parts.
work has made to the In some instances the volunteer is a
circumstances of its retired person who in his working life
beneficiaries and any has been in an engineering
wider benefits to society environment and by becoming
as a whole. involved in our project given him
more purpose in life including the
ability to reuse his skills and train new
volunteers of all ages.
Further development of the website
to inform the public of our progress.
We have extended the invites to the
public to become Friends of GOWRIE
by the attendance at various events
around the country and articles in the
various railway magazines.
As a Friend of GOWRIE at a cost of
£20 per year, they receive 4 quarterly
magazines detailing the progress of
the build and an invite to visit us at
the workshop to view progress. For
those who want to support the project
further for a one off subscription of
£500 or 24 payments of £25 they will
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receive the magazines, invites to visit the workshop, an exclusive David Charlesworth framed print of GOWRIE in the Aberglassyn Pass and a ticket to ride behind the Locomotive at its launch event. To raise awareness of the project we attended events at Statfold Barn Railway and Threlkeld Mining Museum with the display and sales stand. We also helped to run an open day at the Apedale Railway, celebrating the work of the team from our workshop in Killamarsh. These events were greatly curtailed by the Covid 19 lockdowns.

Additional information (optional)

You may choose to include further statements where relevant about:

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Achievements against Para 1.41
objectives set
Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
against objectives
Other
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Financial Review

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Review of the charity’s Para 1.21 Opening balance 01/04/21 £5,088.37.
financial position at the Closing balance 31/03/22 £19,730.58
end of the period
Statement explaining Para 1.22 We aim to hold a balance of £2,500 in
the policy for holding reserve at all times to cover any
reserves stating why emergency expenditure
they are held
Amount of reserves held Para 1.22 £2,500
Reasons for holding zero Para 1.22
reserves
Details of fund materially Para 1.24
in deficit
Explanation of any Para 1.23
uncertainties about the
charity continuing as a
going concern
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Additional information (optional)

You may choose to include further statements where relevant about:

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We have raised money from Friends of
GOWRIE subscriptions, along with
The charity’s principal regular subscribers, or followers
sources of funds Para 1.47 making one off or regular
(including any contributions
fundraising)
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
A description of the Para 1.46
principal risks facing the
charity
Other
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Structure, Governance and Management

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Description of charity’s
trusts:
Type of governing Para 1.25 Constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 New Trustees are selected by existing
methods including Trustees but acting as members as
details of any detailed in the constitution
constitutional provisions
e.g. election to post or
name of any person or
body entitled to appoint
one or more trustees
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Additional information (optional)

You may choose to include further statements where relevant about:

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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details

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Charity name GOWRIE Locomotive Trust CIO
Other name the charity
uses
Registered charity 1185962
number
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Charity’s principal 6 Shipley Rise
address Carlton
Nottingham
NG4 1BN
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Names of the charity trustees who manage the charity

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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Alan Freebury Chaiman
Marion Allen Hon.
2 Treasurer/Secretar
y
Andrew Martyn Trustee
3 Geoffrey
Ashworth
David Harland Trustee
4
Smith
5 Paul Stock Trustee
6 John Taylor Trustee
7 Joseph Evans Trustee 11/01/22-31/03/22
8 Nigel Freebury Trustee
9
10
11
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

Dates acted if not for

Trustee name

whole ear

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

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees

Signature(s) Marion Allen Full name(s) Alan Freebury Position (eg Chairman Hon. Treasurer/Secretary Secretary, Chair, etc)

Date

Gowrie Locomotive Trust

2021/22 Bank Account Summary

Income
April 21
May 21
June 21
July 21
August 21
September 21
October 21
November 21
December 21
January 22
February 22
March 22
Expenditure
April 21
May 21
June 21
July 21
August 21
September 21
October 21
November 21
December 21
January 22
February 22
March 22
Opening Balance 01/04/2021
Income
Expenditure
Closing Balance 31/03/2022
NatWest Bank
33.00
33.00
33.00
33.00
33.00
44.00
53.00
33.00
33.00
33.00
33.00
53.00
447.00
NatWest Bank
0.00
0.00
549.98
0.00
149.98
0.00
0.00
0.00
149.98
0.00
0.00
0.00
849.94
NatWest Bank
596.82
447.00
849.94
193.88
CAF Bank Current
587.27
1,123.75
387.00
719.11
962.00
2,477.34
414.26
1,545.25
5,432.00
2,995.50
1,518.75
378.79
18,541.02
CAF Bank Current
8.00
350.69
1,563.70
124.13
510.10
1,932.73
2,081.39
3,637.40
1,181.67
81.94
150.09
6,484.00
18,105.84
CAF Bank Current
537.12
18,541.02
18,105.84
972.30
CAF Bank Savings
600.00
112.00
190.12
83.00
40.00
6,136.17
2,374.00
392.00
162.28
0.00
900.00
3,396.70
14,386.27
CAF Bank Savings
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
CAF Bank Savings
3,954.43
14,386.27
0.00
18,340.70
Paypal
0.00
0.00
0.00
0.00
0.00
0.00
0.00
223.70
0.00
0.00
0.00
0.00
223.70
PayPal
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
PayPal
0.00
223.70
0.00
223.70
Total
1,220.27
1,268.75
610.12
835.11
1,035.00
8,657.51
2,841.26
2,193.95
5,627.28
3,028.50
2,451.75
3,828.49
33,597.99
Total
8.00
350.69
2,113.68
124.13
660.08
1,932.73
2,081.39
3,637.40
1,331.65
81.94
150.09
6,484.00
18,955.78
Total
5,088.37
33,597.99
18,955.78
19,730.58

Gowrie Locomotive Trust Balance Sheet 2021/2022

Opening Balance

Nat West CAF Current CAF Savings PayPal Total Opening Balance

Income

Nat West CAF Current CAF Savings PayPal Total Income

Expenditure

Accountancy Bank Charges New Parts Post and Packaging Property costs Sales Items Transport costs VAT Total Expenditure

Balance at 31/03/2022

Opening Balance 01/04/2021 Income 01/04/21 to 31/03/2022 Expenditure 01/04/21 to 31/03/2022 Balance Carried Forward 31/03/2022

£

596.82 537.12 3,954.43 0.00 5,088.37

447.00 18,541.02 14,386.27 223.70 33,597.99

-400.00 -104.50 -9,411.71 -73.78 -6,401.00 -1,756.68 -180.00 -628.11 ###

5,088.37 33,597.99 -18,955.78 19,730.58

Income Summary 2021/22

£
Marion Allen 760.98
Colin Alliez 2,520.00
D Annison 500.00
Martyn Ashworth 300.00
Martin Astin 161.00
James Attenborough 20.00
Olive Attenborough 185.00
Richard Attenborough 20.00
Roger Attenborough 20.00
Michael Bentley 0.00
David Bolton 0.00
Geof Brown 520.00
John Browning 20.00
Michael Chapman 223.70
R.G.H. Chapman 0.00
M Christensen 30.00
Gwion Clark 20.00
David Clegg 20.00
Dale Coton 144.00
Brian William Crawford 0.00
John Darling 20.00
Mathew Dolby 20.00
E S Dorricott 21.00
Bill Eaton 30.00
Joey Evans 250.00
Barry Fitzpatrick 1,000.00
Alan Freebury 920.00
Mr and Mrs N Freebury 245.00
N Fuchs 0.00
Steven Gordon 30.00
JD Gough 400.00
Steve Green 226.50
David Griggs 600.00
Edward Harris 20.00
Mike Hart 0.00
Mike Hawley 40.00
James Haylock 500.00
Ian Hodgson 17.50
Paul Hyde 20.00
Dr P Jarvis 111.00
John Jenkins 100.00
Jake King 0.00
Simon King 520.00
Tony Kuivala 251.00
Ian Leese 20.00
Cedric Lodge 20.00
Derek Lystor 120.00
Henry Maurice 80.00
Phillip McGaire 0.00
Ian Montgomery
Richard Morgan
Justin Moseley
John Nicholas
Henry Noon
James Parkes
Ken Pavitt
Jim Perkins
John Pigott
Robert S Purcell
Grenville Roberts-Gunn
Ian Rudd
Adam Saunders
Steven Sedgwick
Arlene Shorthose
Robert Smallman
B Smith
David Smith
Mark Smithers
Dave Southern
Paul Stock
Mike Swift
C R Taylor
Rachel Taylor
John Taylor
Geof Turner
Brian Wade
Anthony Ward
Theo Webb
David Wilding
Matthew Wilding
Ivor Williams
Kim Winter
Tony Wisdom
Christmas Cards
North East Derbyshire Council
Rochdale SMEE
Welsh Highland Railway Group
CAF Bank Interest
HMRC gift aid
Apedale 21
Statfold Barn September 21
Statfold Barn July 21
Statfold Barn March 22
Threlkeld July 21/October 21
PAYPAL Giving Fund
Statfold Barn Railway Insurance Invoice 001/2021
The Steam Workshop Insurance Invoice 002/2021
Sales
Total
30.00
50.00
20.00
20.00
540.00
110.00
6,000.00
0.00
0.00
0.00
20.00
5,125.00
275.00
300.00
31.00
40.00
76.00
1,300.00
40.00
56.50
390.00
20.00
100.00
300.00
51.00
126.00
20.00
20.00
20.00
0.00
25.00
20.00
25.00
150.00
125.00
389.00
100.00
0.00
2.27
4,380.52
215.00
13.36
69.26
300.00
102.35
75.00
700.00
700.00
79.05
###
Gowrie Locomotive Trust Gowrie Locomotive Trust
Expenditure 2021/2022
Nett Price VAT Gross Price Total Expenditure Invoice Number Company
**New Parts ** **Accountancy ** Sales Items Property costs Transport costs Bank Charges Post and Packaging
1 04/15/2021 Monthly Account Fee 8.00 0.00 8.00 8.00 Monthly account fee
2 05/17/2021 Monthly Account Fee 8.00 0.00 8.00 16.00 Monthly account fee
3 05/18/2021 ICS Cheque Drawn 000010 203.00 0.00 203.00 219.00 Rates Bill NE Derbyshire District Council
4 05/18/2021 ICS Cheque Drawn 000010 Fee 0.50 0.00 0.50 219.50 Cheque Fee
5 05/20/2021 POS Hello Ventures B.V. 115.99 23.20 139.19 358.69 Coasters beer mats Hello Ventures
6 06/07/2021 ICS Cheque Drawn 000012 781.00 156.20 937.20 1,295.89 Trailing Bogie Castings JT & E Castings
7 06/07/2021 ICS Cheque Drawn 000012 Fee 0.50 0.00 0.50 1,296.39 Cheque Fee
8 06/09/2021 Avalon Accountancy 400.00 0.00 400.00 1,696.39 Annual Accounts Avalon Accountancy
9 06/11/2021 Notions By Design 124.98 25.00 149.98 1,846.37 Exclusive Prints 5550 Notions By Design
10 06/11/2021 POS NE DERBYSHIRE DC 186.00 0.00 186.00 2,032.37 Rates Bill NE Derbyshire District Council
11 06/15/2021 Monthly Account Fee 8.00 0.00 8.00 2,040.37 Monthly account fee
12 06/23/2021 POS UKPRINTING.COM-DOM Mr P Stock 432.00 0.00 432.00 2,472.37 Coasters UK Printing
13 07/15/2021 POS Hello Ventures B.V. 102.99 0.00 102.99 2,575.36 Magazine No1 reprint 2503745 Hello Ventures
14 07/15/2021 Monthly Account Fee 8.00 0.00 8.00 2,583.36 Monthly account fee
15 07/27/2021 POS POST OFFICE COUNTER Mr P Stock 13.14 0.00 13.14 2,596.50 Magazine postage Post Ofice
16 08/05/2021 POS BRAMBLE DESIGNS LTD 168.00 33.60 201.60 2,798.10 T Shirts and Sweat Shirts 39710 Bramble Designs Ltd
17 08/16/2021 Monthly Account Fee 8.00 0.00 8.00 2,806.10 Monthly account fee
18 08/19/2021 Notions By Design 124.98 25.00 149.98 2,956.08 Exclusive Prints 5550 Notions By Design
19 08/24/2021 ICS Cheque Drawn 000011 300.00 0.00 300.00 3,256.08 Patterns West Lancashire Pattern Making
20 08/24/2021 ICS Cheque Drawn 000011 Fee 0.50 0.00 0.50 3,256.58 Cheque Fee
21 09/15/2021 POS POST OFFICE COUNTER 14.75 2.95 17.70 3,274.28 Magazine postage to Nottingham Post Ofice
22 09/15/2021 Monthly Account Fee 8.00 0.00 8.00 3,282.28 Monthly account fee
23 09/15/2021 ICS Cheque Drawn 000014 144.20 28.84 173.04 3,455.32 Christmas Cards 5567 Notions By Design
24 09/15/2021 ICS Cheque Drawn 000014 Fee 0.50 0.00 0.50 3,455.82 Cheque Fee
25 09/23/2021 POS Hello Ventures B.V. 107.99 107.99 3,563.81 Magazine issue 7 Printing Hello Ventures
26 09/30/2021 ICS Cheque Drawn 000016 1,625.00 0.00 1,625.00 5,188.81 Castings Reimbursement Marion Allen
27 09/30/2021 ICS Cheque Drawn 000016 Fee 0.50 0.00 0.50 5,189.31 Cheque Fee
28 10/11/2021 POS POST OFFICE COUNTER Mr P Stock 25.49 0.00 25.49 5,214.80 Magazine Postage Post Ofice
29 10/12/2021 ICS Cheque Drawn 000013 1,830.00 0.00 1,830.00 7,044.80 Workshop Rent 9654 S Ward
30 10/12/2021 ICS Cheque Drawn 000013 Fee 0.50 0.00 0.50 7,045.30 Cheque Fee
31 10/15/2021 Monthly Account Fee 8.00 0.00 8.00 7,053.30 Monthly account fee
32 10/18/2021 ICS Cheque Drawn 000015 65.00 0.00 65.00 7,118.30 Patterns A370 West Lancashire Pattern Making
33 10/18/2021 ICS Cheque Drawn 000018 151.40 0.00 151.40 7,269.70 Bright Steel Hexagon Bar 3m 1399 John Moore
34 10/18/2021 ICS Cheque Drawn 000015 Fee 0.50 0.00 0.50 7,270.20 Cheque Fee
35 10/18/2021 ICS Cheque Drawn 000018 Fee 0.50 0.00 0.50 7,270.70 Cheque Fee
36 11/04/2021 ICS Cheque Drawn 000020 2,352.00 0.00 2,352.00 9,622.70 Insurance 510249064 Gallagher Insurance Brokers
37 11/04/2021 ICS Cheque Drawn 000020 Fee 0.50 0.00 0.50 9,623.20 Cheque Fee
38 11/05/2021 ICS Cheque Drawn 000019 171.58 34.32 205.90 9,829.10 Christmas Cards 5574 Notions By Design
39 11/05/2021 ICS Cheque Drawn 000019 Fee 0.50 0.00 0.50 9,829.60 Cheque Fee
40 11/15/2021 Monthly Account Fee 8.00 0.00 8.00 9,837.60 Monthly account fee
41 11/22/2021 ICS Cheque Drawn 000021 1,070.00 0.00 1,070.00 10,907.60 Marion Allen 2021/002 Castings reimbursement
42 11/22/2021 ICS Cheque Drawn 000021 Fee 0.50 0.00 0.50 10,908.10 Cheque Fee
43 12/10/2021 Cheque 000011 124.98 25.00 149.98 11,058.08 Exclusive Prints 5589 Notions By Design
44 12/14/2021 POS Hello Ventures B.V. 138.99 138.99 11,197.07 ?
45 12/15/2021 Monthly Account Fee 8.00 0.00 8.00 11,205.07 Monthly account fee
46 12/16/2021 POS WIX.COM*969802961 113.78 113.78 11,318.85 ?
47 12/17/2021 POS POST OFFICE COUNTERS 20.40 20.40 11,339.25 ?
48 12/29/2021 ICS Cheque Drawn 000022 900.00 900.00 12,239.25 Wheel Pattern A374 West Lancashire Pattern Makers
49 12/29/2021 ICS Cheque Drawn 000022 FEE 0.50 0.00 0.50 12,239.75 Cheque Fee
50 01/17/2022 Monthly Account Fee 8.00 0.00 8.00 12,247.75 Cheque Fee
51 01/18/2022 POS Hello Ventures B.V. Mr P Stock 23.99 23.99 12,271.74 Friend of GOWRIE Cards
52 01/18/2022 POS SP * CRAFTMASTER PAINT Mr P Stock 49.95 49.95 12,321.69
53 02/14/2022 ICS Cheque Drawn 000023 141.59 141.59 12,463.28 John Moore Bar for ftted bolts
54 02/14/2022 ICS Cheque Drawn 000022 FEE 0.50 0.50 12,463.78 Cheque Fee
55 02/15/2022 Monthly Account Fee 8.00 0.00 8.00 12,471.78 Monthly account fee
56 03/08/2022 ICS Cheque Drawn 000024 1,830.00 0.00 1,830.00 14,301.78 Rent Cheque issued David Ward
57 03/08/2022 ICS Cheque Drawn 000024 Fee 0.50 0.00 0.50 14,302.28 Cheque Fee
58 03/15/2022 Monthly Account Fee 8.00 0.00 8.00 14,310.28 Account Fees CAF Bank
59 03/15/2022 ICS Cheque Drawn 000026 1,100.00 220.00 1,320.00 15,630.28 Wheels for trailing bogie Cheque issued South Tynedale Railway
60 03/15/2022 ICS Cheque Drawn 000026 Fee 0.50 0.00 0.50 15,630.78 Cheque Fee
61 03/21/2022 ICS Cheque Drawn 000027 90.00 180.00 54.00 324.00 15,954.78 Nuts and Bolts, Transport Cheque issued Heritage Transport Supplies Ltd
62 03/21/2022 ICS Cheque Drawn 000027 Fee 0.50 0.00 0.50 15,955.28 Cheque Fee
63 03/30/2022 ICS Cheque Drawn 000028 3,000.00 0.00 3,000.00 18,955.28 Boiler Drawings Cheque issued Terry Statham
64 03/30/2022 ICS Cheque Drawn 000028 Fee 0.50 0.00 0.50 18,955.78 Cheque Fee
Total Expenditure 9,411.71 400.00 1,756.68 6,401.00 180.00 104.50 73.78 628.11 18,955.78
18,955.78

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner s Report Report to the trusteesl members of o ccwY)?7 & V On accounts for the year ended l xoxs. Charity no (rf any) S8t out on pages I report to the trustees (m my examination of the accounts of the above d)arity (Ihe Trusf) for the year ended ) u (Jl Rasponsibilities and As the chanty trustees of the Trust. you are resp￿sIble for the preparation basis of report of the a¢counts in accordance with the requirements of the Charities Act 2011 fthe A¢r). I report in resFert of my examinalson of the Tmst's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention (other than that disdosed below") in connection with the examinatton Mthich gives me cause to believe that in. any material respect: accounting records were not kept in ac(x)rdance NNith section 130 of the Act or the accounts do not ￿ wilh the ac£%)unting records Independent examinerfs statement I have no concems and have come across no other matters in connection th the examination to which attention should be dravm in order to enable a proper understanding of the accounts to be reached. ' Please delete the words in the brackets rfthey do not apply. Signed: Datè: Name: Relevant professlonal quallfication(s) or body lrfany): YnAA Address: V AKc)i - Aeic s Asjl £C IER October 2018

Section B Disclosure Only complete rf th8 examiner needs to highlight matters of concem (see CC32, Independent examination of charity acc4wnts: directions and guidance for examiners). ive here brief detslls of any items that the examinerwlshes to disclose. IER October 2018