## **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
**----- End of picture text -----**
|**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**
**----- Start of picture text -----**
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
**----- Start of picture text -----**
Trustee name Dates acted if not for whole year
None.
**----- End of picture text -----**
## **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.