CHARITY COMMISSION
FOR EWJLAND ANO WALES
Frrmn l Awil 2024
To
31 Marth 2025
Charity re91stratx￿ number. 1196958
To athRrKe ed(Kati￿} ts tr* b￿efft of tre wblic in the hitry. c(Ystnth, eThJineeJiTwJ,
rdling st(Kk, ewiixnenL artef¥ts armd other asxKiated hutta9e infrastnxture: And
(b) The eStat￿th￿￿t arKI maintawrKe (f a MuS￿m.
and at all times makn.ng ary decisi(￿5 C(￿emir￿j the (wati￿ of the chaiity, u)ey ha
h&J due regard to the g￿dan￿.
ACHIEVEMEpifs APID PERFORMAIICE
The charity Ccffjtinued its ctre actrrfrty durirmj 2024-25 of woMdirKJ rdil t(￿r5 arouThl the *1
￿lch all(h¥ members of wblic to gain by seeing at first.harMJ h(w iron and
eel is rnanLrfKtu￿d. Each tour irKludes an in-derth cc¥nmentary try a member of the charTty
mo# cl whcffi are ftymer or current ern￿￿￿￿5. They prov￿ a personal arKI in-depth
ey¥Aanatic¥) Ithich is tsikYed to the audience arKI ar￿r5 at first hand many crf trE questK
public pose.
I￿ring the Fe￿1 d tt¥5 rewt trE ctwty delivera* 27 rail twrs usirvj Steam arK
(lesel hauled txake vars. Tr trutrs a￿ ￿aSed to reFx)rt that thts year ￿￿e
succes￿1 in securiThJ t￿ k*n ￿ Andrew Barday Steam LL￿￿Kthe P*J 54 ¥*hich was
to operate 13 of the brake van t￿r5. Tr remainirmj ty* van tcMJr5 were delivered try the
hentage Yorkshire Eroine Co'janus, diesel k￿c￿OtiVe No l. In addition to the tyake van tour5
tre charity also operated 3 tours using ts aass 144 UniL These indiKled the
F#)pJ1ar.n￿ht pKerf rdil tr￿rS owate ￿ring wintw mcffltt6.
The unit was also used to ddrbEr Sants g)eaals to tske the children of Steel vthers ￿ a
trxjr of the This year 4 Santa Speo'als ortrated o¥Er days nearly 5(N)
children and their parentslguardians. Due to the generogty of Untte ￿ Union and the site s

i0iT7t unifm Commrtt*, the children Y￿￿ wtr4ided g(M)d quality gits whith mainly
compnsed b(K*s apwopnate to ages and bthKh a19) hdwl afvar￿e tha'r e¢knation.
aJditicThil irKcffie was again ￿vated try ts hire rf tr£ arKI diesel k￿L￿ti
the pacer untt for 54 'driver ey¥£n'ence' tc¥Jrs (knrirrfj the year. SuFeNsed try an
experienced driver, memtvs of ts putAic are perniitted to drive arou￿1 ￿ yte.
In total 1707 passengers were Ca￿led in 2024-25. This was an increase of 29% 0￿ the year
before. of the challenges that is emergirKJ for the tharity is that requests to ride
rnil t￿r5 far exceed the available chpaaty of the trains. Even wth tours 0[￿rating almost
ry weekend Easter and tt)e erx1 of October, th￿e 15 5ts11 a waits'ng of r
ishing to trnd.
In additron to rail t(yJrs, and gjbiect to approwe safety measures, guided knjrs contsnue to
te delivered to memtvs of the allowing them to see at first the worksh(ps where
locomoti￿S arrtl rdling st(Kk a￿ CNerhauled and maintsined.
In supwrt of the Wr[m￿ of tre charity a tyjffet thnge and strKy (￿tinue to stsffed
volunteers arKt prov￿de catering and sales. A5 Ydl as valuatAe Sustenan￿ the
tAic LxATet and slvjp gwate a(klitic￿al income in SUFVJrt of the chanty.
The charTty c£￿tinueS to ddiver a high kyofile through marketing media such as Facebcol
Cwle and Tripathixy. The folbowirKJ cros5 secti[￿ of c(xnments taken from social.media
rLMevts help deffl￿5trate the charity is ddiverirYJ &Jainst rts aims and r￿JeC￿Ves.
Uri￿.... [MarkJ
arXIst￿￿5. 7HANK YCIIALL made a g￿t dry.
and was grea¢ &7ke'[RA)J
n(sta*..'[FYulJ
ft wasa fantastic@a￿1ft￿ a￿lMyS￿ ttHnks to*ltlkTr tea7p frag￿t
drf[PauU
tLWay...[GrahamJ

[￿ring the exters%e work was urn1￿ken ty Nvlunteers to ovuTrkiul, repair and repaint
Hur6let diesd kKcffiOts.￿ (W) nm)tw 58. Thts operated Se•val years trM)th
at the w￿kingkn and Scunthry steel works. Thr(￿h the gen￿O￿ty c( Bntish %eel, tr
chaiity has a unique cp[Ky￿nlty to preserNE this I￿noti￿ vith wuine historical
inks to the site. FoilowiThJ this restorakn work tr£ Ic(omotsve will enter traffic during the
2025 *ascm.
charity was ￿lIghted to be atAe to 9XCes￿ul1Y c￿Klu(￿ 1&7se IE9thtiLv￿ N*ith the
(fi￿rs of knlrew Barday *am 54]. The l(KcAnotive is in excellent c￿drti(
haM'TrJ been recently subject to a CoMpreher￿1ve overhaul and repaint in ts colours of the
fcymer Naticnal Coal Board. The l(xomotsve cyerated thr(xJghwt 2024-25 season ￿out any
failures delivering both bake van rwjes arKI driver experie￿eS. It has proved a very wpular
to the site.
durirrfJ the 2024-25 Seas(￿. This has wovi(*d additi(Thl capxity arKI was w w￿lar with
vi%t(Ks ￿Ad1￿j larw aTrJ nmxe btraTrJas than ￿ other Ixake vars making it
t￿rir¥J the year the trutrs m* the 1Sfficult decis￿ to Oskx)* d tr￿ three remaining Mk3
coa(he5 tty acquired some years ago with ts intention of using on rail tcMJrs. This ¥yas
(lecision was to dism)se of them v•hi* tr*y v￿e still of marketsble walue. TPwe was
no interest from other IEntage raiw WIK) W￿ld same technKal difficulties in
c￿￿n9 them for ha￿age by hentage tractMM. Therefcfe, folkniNJ an offer
from a rail leasiTrJ ccxnpany tre vehth were ￿ld aThJ left tke 9te.
Last year the trustees stated their intention to fcKus attenb.cffi up)n cc¥nplets'rKJ repairs arK1
painting of the officers. inspetiTh SaI(K￿ by retwn to traffic of the tb%r) DMU trailer
cars. It is disapp)inb'rKJ to rer*yt thaL ts weral reascrs irKI￿lIng a Ixk of vdunteer bme
th their effTrts to dejivtr tK)th ttr￿e as S¢￿ as ￿￿1t4e of vknich will allow
continued suFyxt WOVKÈ to trÈ d￿lity. This Use rf the erKJine the
yard aTrJ access to the railway lines on the site togets ¥Mth in se•val th ways

rekxrt that the assemblirvJ settir#J oJt the di¥Aay of historical material is now
complete, and tt is intended the musajm Viill w at Ea&er 2025. The museum c￿tainS a
large collett1￿ of material ir￿udir￿j ￿CtU￿, artefacts and memorabilia vthich tra￿ the
history of irrm, &eel arma rdil the site. British Steel have ContinL￿a to be most generous in
alhyhirvJ charity to asstr>5 arKt remfft arthival material frcm sLveral l)uildings on the
as were deared ts reu* tr d￿)01￿tIon. Tr trustees with to reccKd their thanks to the
cc#mpany. The trustees W(￿Id also like to pl￿ ￿ re((￿d treir thanks to tt* many people
who have dC￿ted or loan&d maknal ts tr£ museum armj to the volunteers involbEd in
recovering matenal and as9sti.ng in the Completi￿ of tre museum displays. The material on
dwlay represents ￿lY a pNt)on rf the cc4lects￿ that INas been asS￿bled arKI a l(ThJ.term
challenge for the future is firKlirKJ the Sp￿ and capacty to dsplay the remaining material.
The chanty Contin￿ to orffite ￿ryth(xrt ary emF4trffje5 arKJ [excert ¥eoalist tasks
that are Su&c(￿traCted (xrt] it rdies entiw dedicatiM of %rlunteer memtr*rs. The
charity conts'nues to be suprK)rted ty a c(￿e of ded.￿ated volunteers undertakirKJ work at the
te mainty on Wednesday and Sabjrday and running rail tours during the Seas￿ mainly at
weekerth. DuriThJ the last year the ttkinty has been forbjnats to ￿E1Cc￿e serferal additional
wjlunteers. Tly come from a varw c* diffuent baCkgr￿ndS and bn.ng with them important
skills that are proving invalualk to tr* thaiity. The main areas (rf their ￿tr￿tIeS ￿tinue to
be restonng and maintaining and r(Aling #(Kk; orffitiThJ rail twrs; suryKts"rKJ
(Wati￿￿ ty txomding cateriTrJ and retail swvices; undertakj.ng suptKrt s￿h
sooal media, mar*etirKJ, finan￿. arhj secretarial furKti￿￿.
&ich volunteer day is usualty fr8 tmjurs loYJ and, {excrft for ￿rIs1]na5 arxl New Year]
vdunteers are u5ualty ￿ 9te b%eeks crf year. The charity has gair*d an addrtymal
three wor*ing rneMt￿ since the last rem L￿.ng ￿0ad parameters it 6 esb"mated that
during the 12.month &ErK)d d this rermjt ¥￿unteer h￿jrS increased frcvn 4,5(Kl to S,6￿.
Using the ChNS calwlator of £13.20 pw h￿Jr the Val￿ of that V￿￿k to the chanty was ar(￿Tr
£74,CKXI.
The trustees to *e re(￿d tr*ir &"r￿e thanks to all ttK)se have ￿lunteer￿1
in capaoty <knirwJ tr£ last 12 m(xrtts. Wrthout ttre'r omtr7￿rtI￿ the chaiity ￿￿lJId rKrt be
aLle to functi￿.
Trt charity is in a stronger financial EK6iticN) thrs year as it C(%KI￿ its third ￿ of CWMM.
The annual acccmjrts of the chanty at ApP￿1X A bekmt.

(>oss irKfxne for this year wa5 significanty higher than last year, hthvever much of this can
tE explair*d ty £21,COJ raised from tre sale of Mk3 Coatt￿5. Nots*ryth*anding tha¢
income dC￿atIonS irx7eased by arwnd 5.5% and trwe ￿￿e also Wek(¥￿ increasts in
K)p and coxh sales cé nearly 511% and 27% res￿tith. Reassurirrtjly memberthip
bsoipticms conts"nL*d to rtse refiecting the ccx)tinuirvJ intuest in tre activi￿ of tr* chanty.
Ex￿[tiJre for tt* year fell Si￿lf￿anty ty 35%. Sm cl tt¥s can be exFAaired the
cc#m*b"on (rf tre rebuildir¥J d the Shark bake van, tr£ Ma￿lty of which was paid for in the
Yeviou5 year. £1,785 S￿ this year ￿'ng mainly on painL Tr Charty repaid
all the M￿leS loaned ts the repairs to the rrA* which again reweswted a decrease in
revenue cost F￿￿sure5. While Insuran￿ Lsually rewe￿t hrgest &rKJle itern
e>wNJI￿re eath year. it ¥Yas reasgJriThJ to see this tsr￿ran￿ costs fdl by £718.
ments"(￿d eartier, the charity has ncvl Secured the loan of a steam kK(Kncthe. Historicalty
trE chanty was able to from coal ts steam IcKcKnctives suwlied brf ￿lsh Steel from
th￿'r stc(ks. However, vath chan9es in their manufacturing Fyocess arKI finanaal restraints,
company habE rKt be￿ able to suth ary coal this year and after har(i the
tharity has secured altemth ￿￿lieS. Tcmjethu wth hi￿ fees the cost rf operatirrfj tt
steam l(Komoti¥e this year was £3,812. This cost %vas than met ty the gawogty of
tliscounting the irKome raised frL¥n tr* sale rf the Mk3 coth. the dwnty gewated a net
us of £7,218 this c￿pared to a kss rf £13.196 the p￿1￿LS year.
The charity continues to see intuest in its acts￿, particulady tr* ste tr￿r5. Dats
from tr* Heritage Railway AsscKiatbx) irKIK2te5 33% of FEritage rnitways have seen a
decrease in numters vitth 26% repxb'ivj statle figures. An interestiThJ factor from the HRA is
that mary ¥iSit￿S nationally are rKJw 9earirrfJ the'r day trips t(wiards chikI￿n s entertainmenL
As MenticK￿J last year, the wthle of mary vistors to this charity continues to be tNfards the
'retired' sth tralrtK)nalW have rrKYe dwM)satAe ir£c¥ne to (knate than families. Th
may party explain why this charTty clrtin￿ to see an incre& in t*Xh visit(￿5 and irK(Kne
irKreagrgly ￿￿tly5 a￿ I(M)king for ojltural experi￿￿ that h￿￿ dekth and c<Thbine
e*¥wience, frKMY arxl identity. As vi9ttY attractim in the UK [arMI Europe or
the world] that comts'nes heritage steam and diesel tn.ps arcwnd an (4)erational thl WKAS,
trE trustees belie* the chaiity has a un￿ue iTrJredient that P)gtKXL5 itself strongly in tt
Despte tt*5e ￿￿raging facts the truths a￿ nLt cOm￿aCenL They recogni￿ th¢ vthile
the net owats'ng 9Jrplus this has irneased, it is narr(M arrfl may c￿tinue to rise at
a rate that Thill match inuea5ing OFwatiMal costs. Rr this rea9)n, they continue to carefully
n￿ltOr rises in fuel armj matwials thays aimirKJ to maintain a surplus [X)gts￿ IKS5ible.
trustees a￿ C￿tent tr* charity is $￿V￿t a￿1 r￿￿inS a CaKern.
The [￿IcY of the charity for 2024-25 ￿ds again to IK*I 9Jffioent in resen￿ to

[a] Meet its (*AW"1￿ to afty cre¢kn:
[b] Meet planr*d maintenarKe costs kxr￿￿￿ arKI r￿lI￿j and
[c] PriNi(k a rea9Thble firwKial margin for un￿nr￿ axl Unft￿ crsts.
As at 31 March 2025 the charity hdd baknces c< £46,089 in its accwnts and cash. Of this the
trustees agreea to retsin £21,[￿ [retffesentiNJ the sale of the Mk3 coaches] as a dedicated
reserve ts fLrture investment in catyal items. Tr* trustees retaned £ll.lJJ) as a revenue
reseNe in acc￿dan￿ wrth the ab)ve wliry.
charity 1X￿ts a bank aCc￿nt C￿ bew (* the thardKth (f trE Ba9nall LcK(rnotive
*￿erS. gyoup. The 8agnall L(mn(Aive tr•mer5' group are a group of ¥YAunteers and
memters of AFR.S vtho have wrcha5ed shares in a Bagnall diesd 1￿MotiVe ￿lch is iEing
(werhauled at the I(￿orn0tive sh&ts Lseo by AFR.S. AFR.S also hdds scyne st￿reS in this
kKCrfnotj￿. The funds a￿ held in a separate bank ￿nt in the name of the Bagnall
L(Jconth Grwp and administEred ty the Tr&isurer cl AFR.S on ttr￿.r t￿haff.
(1) At the first ￿nUal gerttal meetirKJ rnernt￿ (* the CIO all tharity thtstees
slall retire frcxn (ffice.
(2) At annual gwdl rneetiry of the meM1￿S of the ao, 1X￿-thIrd of the chaity
trLStees shall reti￿ frcffi ofte. If tr* numter c* d￿nty tr(￿ee5 ts fK)t three CY a mulbrAe
of three, then the number nearest to one-third shall retire from offi￿, Ixjt rf there is
c¥)e charity trustee, he or the shall retire;
(3) The charity trust￿$ to retire ty rOtst1￿ tho* ha￿ been Iw in cffKe
sirKe their last apFxxntment or reapwxntment If any tr￿ee5 %sEre last apy)inted or
reapFXNnted on the same day thxe to retire ￿￿111 (unless agee am
{4) The Vacar￿leS so arisirNJ may LE filled by trE dea9￿ cl m￿nber5 at the ¢￿nUal
meetiry. any vacancies rKIt filled at tr* annual gawal meets.ng may be filled as
in sulTrdause (5) of this datse;
(5) The memt£r5 Ix ttE charity tru%tees may at any time deo¢* to aNx)int a rth charity
trustee, whets in a chaiity trustee WIK) has rets.red or been removed in
acc(Ydance dau* 15 (Retlrern￿t arKI removal of d￿rity trustee5), as an
a￿ltI(￿al chanty tru*, wovithd that ￿ limit srecffied in dause 12(3) ￿ tr* number

(6) A pers<m so apwirted manbers of CIO shall retire in ￿CordanCe ￿ the
tXOVN¢X6 C￿ suma￿5 (2) and (3) of this dause. A w50n so apy?inted by the charity
trustees shall retire at c(￿KIu90n cl the next annual general meeting after the date
his or appintment arKI thall not be C(￿nted for the wrtK)se cf detemiining which
of the charity trust*s is to retire ty ri*ation at that meetiTrJ.
than fft vote. On aPp￿ntrnert charity trustees are wNded with 3 copy cl this C￿$￿tutI
arKI any amendments made to it and a cqry of CIO'S ktest tntstees. annual rekkxt arKI
statement cl accwnts. In addrtion. the secretsry WOVKl& them with copie5 of Charity
C￿miSsi￿ 9JKlance ￿ other impx)rtant matters [i.e. conflicts of interesL payments to
related parties etcl. Tr secretsry recaves uFxJates arKi guidance from b.me to time from the
Charity c(￿M￿s1on whKh tty trnide to trustees as wdl as a bnefing rf recessary. 8ecau5e
is a snall chanty there is rKxrnal￿ ￿ need fLY ary sub cmimittees. lthy￿ever, because of
trE need ts a signtficant arrM>Jnt of re4i5ing the ar#1 implementirvj a cc¥ntknKy
managenent system the tt￿rity estsblished a rules sJt￿c(ThMitt￿ this year.
The trnstees usualty erty mfmth and tx￿1 an amual ge)erdl meetiiwj each autumn arKI
deg"gnate wsts that are filled from ¥41thin their number. The charity continues to ￿ an actib
member of the Railway A$S￿￿tKIn [HRA]. Tr* charity has renew￿ its membership
of the local br4untary artion umbrelia ￿ganiSaliOn 'VcAuntary Ncth Lincolnshire.
tVANL].
Charty name
name the chaiity uses Nil
Re9"Sttred charity num
1196958
Charitfs Winc1￿ &lress
Lincolnshire
DN16 IBP

NAMES OF THE CHARITY TRiisfEES WHO MANAGE THE CHARrrY
Name rf pttson (or
1K￿y} entitled to
appoint trustee (if
an
Office (rf any)
f4en Britcltffe
Paul Cheeseman
The membership
The membership
The membership
The mgnber5hip
The memLv5hip
Chnstopher Chi
Jcydan Oavison
)thn t)unn
Andrew Plumtree
Steam c(KKdinatr
Chairn￿n and Media &
marketing cc(*dinator
WI￿ Chainnan
mich￿ Sugden
Simon Theaker
The membership
The membership
Rollirvj 5-tcKk C￿rdIna
Keith watsda￿l
rate trustees- names rf the dITert￿ at date the
wasa

Signature
O)ainnan
gnature
Name
Keith WaterlarKI
13 August 2025

li
Saks
978.01
Sarta tr4)
-74727
).74
4.104.57
231.62
1,785.66
S￿71.65
280.LX)
3789..51
Strork ret￿
1,662.95 RuMir#J cost
Prfake Van Hire
nk charges
33,691.02 Cr&¥ Teas
33,W.02
226.52
365.71
7,472.84
20.C(I
370.(
4,5C#).iJJ
216.47
69.92 InsurarKe
1.253.38 L• ke.
Sak
21,IIXi.IXI f
1,038.13
7.13
15.cll
HRA
850.92
S7,￿.01
30,￿.40
P&￿e5 Q 0110412024
0 3110312025
432.04
760.75
£76.780.98
£76.780.98

¥a.
pwEv
Awt 2025