## **Trustees’ Annual Report for the period**
**From 01 January 2024 To 31 December 2024**
**Charity name: Settle and Carlisle Railway Trust**
## **Charity registration number: 702724**
## **Objectives and Activities**
|**Objectives and Activities**|**Objectives and Activities**|**Objectives and Activities**|
|---|---|---|
|SORP reference|||
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The Trust is concerned specifically with the
railway lines between:
Settle and Carlisle
Blackburn and Hellifield
Settle and Leeds/Bradford
The principal objectives are:
a) the preservation, restoration, maintenance
and protection of such of the structures,
buildings, plant and
equipment on or adjacent to or connected with
the lines as are of historic, cultural,
architectural,
constructional or scientific interest, or exhibit
craftsmanship worthy of preservation;
b) the promotion of public access to the
structures and plant and public knowledge,
appreciation and
understanding of the architectural,
constructional, scientific and crafts features;
c) the promotion of public knowledge,
appreciation and understanding of the
historical and cultural aspects
of the lines and the area through which they
run; and
d) such other charitable purposes for the
advancement of education associated with the
lines and surrounding areas as the Trustees
shall think fit.
Strategies for achieving objectives|
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Re. (a) above: The Trust's subsidiary company
takes on responsibility for structures on the
railway, either by long-term leases (e.g. station
buildings at Horton-in-Ribblesdale, Ribblehead
and Kirkby Stephen) or by ownership
(Stationmaster's House at Ribblehead), and
brings these into a good condition and
maintains them
accordingly.
Re. (b): The above properties are open to the
public - either for community use, or as holiday
let properties, or in the case of Ribblehead
station as a visitor centre, which is manned by
volunteers. The Trust is responsible for the
Archives and Library which are located at The
Folly in Settle. There are regular open days and
work is underway to make material available
on-line.
Re. (c): The visitor centre at Ribblehead station
contains displays about the building of the
railway, the construction of the viaduct, and
the building of the nearby Blea Moor Tunnel.
The Trust also supports guided walks to visit
some of the structures, in which information is
given about them.
Re. (d): The Trust has an internet website with
information about its activities: see http:
//www. sandctrust. org. uk.
The Trust has developed a model using aerial
images to explore the railway and nearby
features e.g. Archeological site. This is available
from a terminal at Ribblehead Visitor Centre
and also on-line at:
https://settlecarlisle. exploremoresettlecarlisle.
co.uk.
Summary of the main Para 1.17 and We have referred and confirm the adherence
1.19
activities in relation to those to the guidance contained in the Charity
purposes for the public Commission's general guidance on public
benefit, in particular, the benefit when reviewing our aims and
activities, projects or objectives and in planning our future activities.
services identified in the
In particular the trustees consider how planned
accounts.
activities will contribute to the aims and
objectives they have set.
Statement confirming Para 1.18 The trustees have had regard to the guidance
whether the trustees have issued by the Charity Commission on public
had regard to the guidance benefit.
issued by the Charity
Commission on public
benefit
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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 Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers 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 organisations involved in the Leeds-Settle-
Carlisle line (the Trust, The Settle Carlisle
Railway Development Company and the
Friends of the Settle Carlisle Line) have entered
into a voluntary agreement to form the Leeds
Settle Carlisle Line Association. This is a very
positive step forward as the organisations seek
to work together for the benefit of those who
use the line, and the communities it serves.
Settle Carlisle Railway Properties continues to
successfully run our holiday properties at
Kirkby Stephen and Ribblehead, recently joined
by Horton-in-Ribblesdale where we have also
opened a café/bar. We are working with
Network Rail to convert the disused waiting
shelter at Cumwhinton to a holiday let. A new
venture, taking advantage of our project
management skills and network of local
suppliers, is to carry out project work for
Network Rail along the line and further afield.
Ribblehead Visitor Centre continues to provide
a warm welcome for visitors to the Yorkshire
Dales. The café is very popular, and a starting
point for guided tours and other activities. We
work closely with the Museum of North Craven
Life at The Folly in Settle which houses our
archives and is home to the Railway Room
which tells the story of the line.|
Very many people contribute to the work of the Trust and the other members of the Association. I would like to thank our trustees and everyone who gives freely of their time and talents. Bryan Gray CBE DL Chairman
**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**
|Review of the charity’s
financial position at the end
of the period|Para 1.21|During the year the Trust has received income
of £12,920 from donations, £11,180 from
legacies and £52,868 of grants relating to the
conversion at Horton In Ribblesdale Station.
Expenditure on charitable activities amounts to
£56,435 with an additional £10,000 being paid
out as a loan to Settle & Carlisle Railway
Properties CompanyLtd and therefore net|
|---|---|---|
|||expenditure of £62,868 has been realised
which is in line with the Trustees expectations.
As at 31 December 2024 total funds carried
forward amounted to £182,280.|
|---|---|---|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Trustees have reviewed the level of
reserves held by the Trust. The review
encompassed the nature of the income and
expenditure streams and the nature of the
reserves held by the Trust.
The review concluded that to allow the Trust to
be managed efficiently and to provide a buffer
for uninterrupted services, an appropriate level
of free reserves should be maintained.|
|Amount of reserves held|Para 1.22|The analysis of net assets between funds
shows that unrestricted free reserves
amounted to £169,387 (2022 £170,954) as at
the balance sheet date.|
|Reasons for holding zero
reserves|Para 1.22|N/A|
|Details of fund materially in
deficit|Para 1.24|N/A|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|After making appropriate enquiries, the
Trustees have a reasonable expectation that
the charity has adequate resources to continue
in operational existence for the foreseeable
future. For this reason, they continue to adopt
the going concern basis in preparing the
financial 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||
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|The Trust has a subsidiary undertaking, Settle &
Carlisle Railway Properties Limited, whose
principal activity is to acquire and hold
properties at the request of and for the
purposes of the Trust.|
|A description of the principal
risks facing the charity|Para 1.46|The Trustees have plans to introduce a formal
risk management process to assess business
risks and implement risk management
strategies. This will involve identifying the
types of risks the Trust faces, prioritising them
in terms of potential impact and likelihood of
occurrence, and identifying means of
mitigating these risks.
As part of this process the Trustees will review
the adequacy of the Trust's current internal
controls.|
Other
The cost of purchasing indemnity insurance has been paid by the subsidiary company.
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed,royal charter)|Para 1.25|Trust deed|
|How is the charity constituted?
(e.g unincorporated
association, CIO)|Para 1.25|The Trust was established by Trust Deed dated
14th March 1990 which was amended by
Supplemental Deeds dated 17th September
1999 and 26th May 2015. The Trust is
registered with the Charity Commission under
the Number 702724.|
|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|Under the previous provisions governing the
Trust which are set out in the Trust Deed dated
24 May 2015, out of a total of nine Trustees,
the Friends of the Settle-Carlisle Line ("the
Friends" ) were entitled to appoint up to five,
with an obligation to have regard to the need
to appoint at least three Trustees with local
interest and knowledge or associated with local
authorities or bodies in the area. Network Rail
was entitled to appoint one Trustee and
the Trustees themselves had the right to
appoint not more than three Trustees. Under a
Supplemental Deed dated 31 December 2021,
the Trustees themselves have the right to
appoint up to five Trustees, the Friends
two, Network Rail one and the Settle 8 Carlisle
Railway Development Company one.
Trustees are appointed for a period of 2 years
and are eligible for re-appointment.|
**Additional information (optional)** You may choose to include further statements where relevant about:
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**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||
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|The Trust is managed directly by the Trustees,
with the assistance of the officers.
The Trust has a subsidiary undertaking, Settle
& Carlisle Railway Properties Limited, whose
principal activity is to acquire and hold
properties at the request of and for the
purposes of the Trust.|
||||
Relationship with any Para 1.51 related parties Other
## **Reference and Administrative details**
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Charity name Settle and Carlisle Railway Trust
Other name the charity uses N/A
Registered charity number 702724
Charity’s principal address 30 Dryden Street
Padiham
CURNLEY
BB12 8TQ
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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)
Christopher William
1
Bray
2 Allison Cosgrove
3 Adrian Quine
4 Bryan Gray
5 John Ingham
David Fletcher
6
Sides
Donald George
7
Jary
8 John Smith
9 Jon Tomlinson
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
**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) Full name(s)** Bryan Mark Gray **Position (eg Secretary,** Chairman **Chair, etc) Date** 16/07/2025