2024-12-31-accounts

Trustees’ Annual Report for the period

From 1[st] January 2024 - Period start date To 31[st] December 2024 - Period end date

Charity name: DMU Group (West Midlands)

Charity registration number: 1203594

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	For the benefit of the community, to advance education and learning by preserving, restoring, maintaining and operating vintage diesel single and/or multiple unit passenger rail vehicles on a suitable heritage railway of railways.
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	To meet these aims the charity has a website, social media and quarterly membership newsletter, along with practical working parties, and provides operational vehicles for the public to experience. This inspires engagement in fundraising, restoration, maintenance and operation.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees confirm that they have had regard to the Charity Commission’s guidance on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Not applicable Para 1.38 Policy on grant making Not applicable Para 1.38 Policy on social investment including program related investment Not applicable Para 1.38 Contribution made by volunteers

Not applicable Other

Achievements and Performance

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SORP reference
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Achievements and Performance	Achievements and Performance	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	The charity has with the assistance of donations and a grant from the Severn Valley Railway Charitable Trust acquired three class 101 diesel multiple unit vehicles in addition to the five class 108 diesel multiple unit vehicles all now based on the Severn Valley Railway. Using volunteer time and skills as well as contractors these are being restored to operational condition. As well as improvements and maintenance to the existing operational vehicles. Successful fundraising activities and vehicle hire fees continuously contribute towards the restoration and ongoing maintenance of all vehicles. Allowing the public to experience these vehicles and advancing education via our literature and the information displayed in the vehicles.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41	Not applicable
Performance of fundraising activities against objectives set	Para 1.41	Not applicable
Investment performance against objectives	Para 1.41	Not applicable
Other		Not applicable

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	See separate financial statements.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	No reserves held
Amount of reserves held	Para 1.22	Not applicable
Reasons for holding zero reserves	Para 1.22	Not enough money held for reserves to be appropriate.
Details of fund materially in deficit	Para 1.24	Not applicable
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	Not applicable

Additional information (optional) You may choose to include further statements	Additional information (optional) You may choose to include further statements	where relevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47	Principle sources of funding are from hire fees for use of our vehicles, donations made directly through justgiving.com, membership fees and profit from private charter ticket and refreshment sales and merchandise.
Investment policy and objectives including any social investment policy adopted	Para 1.46	Not applicable
A description of the principal risks facing the charity	Para 1.46	The Trustees have reviewed significant risks to which the Trust and procedures (including insurance) are in place to mitigate these risks.
Other		Not applicable

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 - Association
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	Election to post by members.

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51	Trustees are advised to read the Charity Commission website on the role of a Trustee.
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	Trustees who all act in a voluntary capacity are assisted in the administration, fundraising, publicity, maintenance and operation of diesel multiple unit vehicles. Interested individuals can work with competent members to learn and develop the skills required.
Relationship with any related parties	Para 1.51	Not applicable
Other		Not applicable

Reference and Administrative details

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Charity name DMU Group (West Midlands)
Other name the charity uses Not applicable
Registered charity number 1203594
Charity’s principal address Volunteer Liaison Office
Platform 1
Railway Station
Bewdley
DY12 1DP
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Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Alan Coley Secretary
2 James Cooper Chairman
Benjamin John Vice Chairman
3
Darby
Lawrence Austin
4
Mortimer
5 Graham Thompson Treasurer
6 Nicholas Wright 14/01/2024
7
8
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 None.

Name of trustees holding title to property belonging to the charity

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Trustee name Dates acted if not for whole year
None.
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Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity	Not applicable
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	Not applicable
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

Not applicable

Other optional information

Not applicable

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date
	James Cooper Lawrence Mortimer
	Chairman Trustee
	18.03.2025
	18.03.2025

DMU GROUP (WEST MIDLANDS) CIO

FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2024

Independent examiner’s report to the trustees of DMU Group (West Midlands) CIO

I report to the trustees on my examination of the accounts of DMU Group (West Midlands) (the Trust) for the year ended 31 December 2024.

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 2011 (‘the Act’).

I report in respect of my examination of the Trust’s accounts 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 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect 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 connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

J W Preece 31 Round Hill Wharf

Kidderminster

7 March 2025

DMU GROUP (WEST MIDLANDS) CIO STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024

Notes INCOME Restricted funds:- Grant income 2 Unrestricted funds:- Hire income Trading income Donations and membership subscriptions Sundry sales EXPENDITURE Restricted funds:- Transport costs 2 Unrestricted funds:- Maintenance Cost of sales Depreciation Sundry Net income Unrestricted funds Net Movement in funds Total funds brought forward Total funds carried forward	£ 7,784 20,703 3,527 16,058 562 48,634 7,784 18,558 1,483 127 331 28,283 20,351 20,351 10,753 31,104

DMU GROUP (WEST MIDLANDS) CIO STATEMENT OF FINANCIAL POSITION 31 DECEMBER 2024

Notes Fixed assets Heritage assets 3 Machinery and equipment 4 Current assets Stock for resale Debtors Cash at bank and in hand Total Assets Creditors Amounts falling due in 1 year Amounts falling due in 2-5 years VAT payable Net assets	£ 25,000 2,917 27,917 156 5,394 15,816 21,366 49,283 6,230 10,750 1,199 18,179 31,104

The financial statements were approved by the Trustees on 2 February 2025 and were signed on their behalf by:

James Cooper Chair of Trustees

1. Accoun�ng policies

Basis of preparation

The Financial Statements have been prepared under the historical cost conven�on and in accordance with the Financial Repor�ng Standard for Smaller En��es (effec�ve April 2008), the Chari�es Act 2011 and the requirements of the Statement of Recommended Prac�ce, 'Accoun�ng and Repor�ng by Chari�es’.

Incoming Resources

All Incoming Resources are included in the Statement of Financial Ac�vi�es when the Charity is legally en�tled to the income and the amount can be quan�fied with reasonable accuracy.

Resources Expended

aggregate all costs related to the category. Where costs cannot be directly a�ributed to par�cular headings they have been allocated on a basis consistent with the use of resources.

Taxa�on

The Charity is exempt from tax on its charitable ac�vi�es.

Fund Accoun�ng

Unrestricted funds can be used in accordance with the charitable objec�ves at the discre�on of the Trustees.

Restricted funds can only be used for par�cular restricted purposes within the objec�ves of the Charity. Restric�ons arise when specified by the donor or when funds are raised for par�cular restricted purposes.

All of the Group’s funds are currently held in Unrestricted Funds.

expected useful life being ten years for plant and equipment. Assets are capitalised where the purchase cost exceeds £2,500.

Heritage assets

Heritage assets are recognised on the balance sheet and stated at cost of purchase or at zero cost if donated. They are expected to be held for the forseeable future and will be maintained by the charity so as to preserve them in good condi�on for the future. Accordingly no deprecia�on is charged on heritage assets.

2. Restricted income

The charity received a grant to fund the total cost of transporting, to the Severn Valley Railway, the Class 101 units purchased during the year.

**3. **	Heritage assets
		£
	Class 108 units	-
	Class 101 units at cost	25,000

4. Tangible fixed assets

	Plant & Equipment
	£
Addi�ons during the year at cost	3,044
Deprecia�on charge for the year	127
	____
Net book value at end of year	2,917

5. Trustees

No remunera�on or expenses were paid to trustees during the year.