## **Trustees’ Annual Report for the period**
## **From 1[st] April 2023 To 31[st] March 2024**
## **Charity name: Roger Hibbert Locomotive Collection CIO**
## **Charity registration number: 1187656**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To preserve, restore and run steam
locomotives in particular these 3
locomotives:
LMS 3F ‘Jinty’ Tank Locomotive. BR No.
47406, LMS No. 16489, built in 1926 by
Vulcan Foundry. Works No. 3977.
“Austerity” 0-6-0 Saddle Tank Locomotive
Built in 1943 by Hudswell Clarke. Works
No. 1752, currently in the guise of BR
Class J94 No 68067.
0-6-0 Side Tank Locomotive Built by
Robert Stephenson and Hawthorns in
1951. Works No. 7684.|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|Jinty spent the year on display in
Mounsorrel Railway Museum awaiting the
renewal of its 10 year steaming certificate.
Austerity was out on hire at the Llangollen
Railway Trust Ltd for the full financial year.
RSH under full restoration.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18||
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|N/A|
|Policy on social investment
including program related
investment|Para 1.38|N/A|
|Contribution made by
volunteers|Para 1.38|Some repair work on our locomotives is
carried out by volunteers. When the
locomotives are in use they are operated
by volunteers.|
Other
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|We ensure that the locomotives are
maintained, repaired and displayed as
appropriate for maintaining them in a
condition to be of benefit to the public.|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|
Achievements against
objectives set|
Para 1.41||
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|Balance carried forward at 31/03/24
£123,083.96
Assets as at 31/03/24 282,000.00|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Reserves held to cover emergency repairs,
e.g. enough money to cover the cost of
replacing all the tubes in the boiler of a
locomotive.|
|Amount of reserves held|Para 1.22|£20,000|
|Reasons for holding zero
reserves|Para 1.22||
|Details of fund materially in
deficit|Para 1.24||
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23||
## **Additional information (optional)**
You may choose to include further statements where relevant about: The charity’s principal Para 1.47 sources of funds (including any fundraising) Investment policy and Para 1.46 objectives including any social investment policy adopted A description of the principal Para 1.46 risks facing the charity of coal. Other
|
The charity’s principal
sources of funds (including
any fundraising)|
Para 1.47|
All funding for the maintenance, repair and
running of the locomotives comes from the
hiring out of the locomotives to other
heritage railways which allows the public to
see and have the chance to travel behind a
working steam locomotive.|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46|The potential risk faced by all heritage
railways with a possible ban on the burning
of coal.|
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|By recommendation of the existing trustees
with regard to the suitability and balance of
the group.|
## **Additional information (optional)**
You may choose to include further statements where relevant about: Policies and procedures Para 1.51 adopted for the induction and training of trustees The charity’s organisational Para 1.51 structure and any wider network with which the charity works Relationship with any related Para 1.51 parties Other
## **Reference and Administrative details**
|Charity name|Roger Hibbert Locomotive Collection CIO|
|---|---|
|Other name the charity uses||
|Registered charity number|1187656|
|Charity’s principal address|6 Shipley Rise,
Carlton
Nottingham
NG4 1BN|
|||
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Alan Freebury|Chairman|||
||Marion Allen|Treasurer/Secretary|||
||David Wright|EngineeringOfficer|||
||Andrew Martyn
GeoffreyAshworth|Trustee|||
||Roger Hibbert|Trustee|||
||AnthonyFrench|Trustee|||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
## – 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
**Trustee name Dates acted if not for whole year**
## **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)** Alan Freebury Marion Allen Marion Allen **Full name(s)** Alan Freebury **Position (eg Secretary,** Chairman Hon. Treasurer/Secretary **Chair, etc) Date** 27/01/2025
## **ROGER HIBBERT LOCOMOTIVE COLLECTION CIO**
## **INCOME & EXPENDITURE ACCOUNT**
## **FOR THE YEAR ENDING 31[ST] MARCH 2024**
|Income
Donatons
Interest Received
Total Income
Less Repair Costs
Gross Proft
Computer Expenses
Insurance
Accountancy
Net Proft for the Year|**£**
35,000
60
4,795
**_______**
39,855
_______
7,135|
|---|---|
||32,720|
||162
4,219
90|
||4,471|
||28,249|
Examiner's unqualified report Ifor a non-tompany charity preparing receipts and payments accounts)
with a gross income of £250,000 or less in the relevant financial year.
Independent examiner's report to the trustees of Roger Hibbert Locomotive Collection CIO
I report to the trustees on my examination of the accounts of the Roger Hibbert Locomotive
Collection CIO for the year ended 31 March 2023 Responsibilities and basis of report As the charity
trustees of the Trust you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the
Trust's account5 carried out under section 145 of the 2011 Act and in carrying out my examination I
have followed all the applicable Directions given by the Charity Commission under section 1451Sllbl
of the Act. Independent examiner's statement I have completed my examination. I confirm that no
material matters have come to my attention in connecrion with the examination giving me cause to
believe that in any material respect..
actountin8 records were not kept in sPeCt of the Trust as required by section 130 of the
Act,. or
2. the accounts do not accord with those records.
I have no concerns and have come across no other matters in connertlon with rhe examinatlon to
which attention should be drawn in this report to enable a proper understanding of the accounts to
be reached.
Signed:
Name.. Shirley Barnett MAAT
Addres5'.
Avalon Accountancy
Dishley Grange
Loughborough
Leics
LEII 5SF
Date:
22 January 2025