CALEDONIAN RAILWAY ASSOCIATION (Charity Registered in Scotland No. SC014554) ANNUAL ACCOUNTS AND TRUSTEES, REPORT 2024
0ECTI11Es, ACTl.1T[Es.4ND ACHIFI."EIIENI'S Thc A5socialicin shall promiltc th¢ study. acquisition and psc'allOn of inforniation. documcnts. illuslralion5 and artclaeis relating to the C.-alcdonian Railway. and its constiluenl and ULL¢%%()r ¢c)Mp}L. facili".alc and co-ordinate rcsearch bv membcrs into ihc hisiory of the Railway. {iii) fosicr the LY)Ilalii)n and disscminalion ofinf()riniili()n mdlLridl su c)biaiiiLd. {iv} assist ()IhLT prii'dlc. public dnd profcssional organisalions which haN'c aims and inlcrcsls Similar to ihose of the Association. V4'c ran a full programme ol. wintLY meclin&s in 21124 and hawc )ntinUl%I the hybrid fomai. Thc recordin&5 of Ihc '(bInar% and hybrid mcctings arc madL' a%'ailable online to members, building) d grcat arihii'¢ lif CalLdonian rLlaicd lopics_ Thc full list and links Ic) IhL' rLL()rding arc in Ihc A7claI1n RcsoufLeS 14"ithin Ihc Rcgiislcrcd Mfflih¢r* %eLlinn ()I' IhL I'orum onlinc. 'c did nol Tncct in OLI()bLY instead partiLipatingi in th¢ Siollish RdilH'a)' Hislory Confcrcnce in PL'rth, hL.Id dll CXPLdiliun l() IhL Pccblcs linc. Our ¢xhibilion sland also allcndcd aur usual shows in CJlaSgo-. Pcrth and Falkirk in 2024. Our quarterlj maga/inc ""Thc "I ruc Linc covcred a 'Ide rdngc of lopics from hislciriLal artlLlc8 through io current updalcs on ihc rL'maining Caledonian RaIl.a). infraslruLlure. Wc continue to ivork together w'ith lh¢ oihLT SLOllish rdIl.aY 50ciclics through The Forum of SLc)Ilish Line Sociclies M hiih aiTns l() cnLouiagTe further co-opcralion amonb?si ihL' SoLielie% as WLII as co-ordinaling. joint aclil-ities including the Railway I listnry. C()nlLrenLL. sharin stands al Lxhibilii)ns and building a SLI)Iland-M ide Fail"aY pholographiL archii'c. Thc online ph()li)gwrdphiL arLhi¥'L whilh was launLhLYl in May ?020 and currently L()ntains ()vcr f)l.11(X) ImablLS. Including oi'er 25.100 frorn ihc %RM Lolleclions and ovcr 111.1011 from the Association s archive of c.30.0(K) or rnorL ima¥L. ACCL5 tc) IhL ChI¥.¢ 15 availablL. frcL of charge. to all members ol" thc Ass()LiatioD by rL4uesl lo w"ebmastcrQtt.crassoc.org.uk. Truc LinL Models range eKpanded io inilude our first 7mm sLalc a&J()n as WLII 4LS our first ID printed model - a horse b()x ai'ailablc in b()Ih 4mm and 7mm all of which hai'¢ sold wcll. AftLY publishing tw'o major works ourseltres last year and SUPTK)rting two c)Ihcr Cdledonian rclaial tiilcs by purchasin&i copics to SL'II thri)ugh Ihc Aswcialion have hdd a quicter ycar on the publications fr()nl in 11,4 i4'.Ili iubl ITrllL IiilL Iii association '1[h thL North British Rdilw'<tys Siudy Gri)up Iliree CJeneraliopi.f OH ,%( iJilund'.f Railii"ai'. All of i)ur publ. ..)aJi ()f CR Companj. docutnL'nls in searchable pdl. fc)mial pur¥hascd throubh our 'cbsitc al W,,.crasQL.0r.Ukl WLb.'%hc)p along M'iih Truc Linc Modcls and the scarchablc cl¢clri)niL archivc of I"hL."I ruc Linc magyaA.inc. We carry on our scarch lor ilcms lo cnhancc c)ur Archii'e. kindly supw)rted by thc work of Glasgi)w Uniw¢Y5ily ArLhiNL SeTh'iLCS who hosi Ihc arLhike al their Thu) s[rL.1 prcmiscs hLrc it is normally ai'ailablc lo bc Vic.Cd b!, MCL'r$ and Ihc i¥idcr puhliL. 411 new documcnis V¥ere accessioned this veaT including) an LXLCPtiunal collL'Llion of l? origiinal SL(illi5h Central Railway draw'ingys i)f its bridbiL and slruLiurcs. conlinuc to rL'LcivL and rL%p(?nd Ii? a th'idc rdnge lif qucrics from MCMIrS and non-mcrnbers.
l-hc Association rclics on N'olunt¢crs for all of its 'ork and 15 grat¢ful for all thosc w,ho gave of their lime lo support our aaik'ities ihroughoul the year. Full dctails of our curr¢nl aciii'ilics &$ w'ell as more infomation about the Caledonian Railway are available ai our websi1¢ wMM.crgssoc.orR.uk. GON'ERNANCF. The Caledonian Railway ,15sociation is an unincorporalcd association govffli¢d undtx its Constiiution. A nLw' constitution was adupicd (Il c)ur AGII on 20 March !0? l. Thc affairs of the As)ctation are managed bj a CommitlLY LC)nsisiing of membepi eleLt¢d at IhL Annual GenLral Meeling* eaLh yLar which is supp()rtcd by A%sc)Lialcs who undcrtakc %PCLifiL task% l() help 'Ith thL running of the AS%CILiaiion &$ requircd. and allend the C'(IinmillLL IIILLlingbS lo rewn on their actii.'illL. This vear 'C are delighted to wel(x)me a new, Associate in the rolc of Pholo Archivisl. lknc TruslcLS of the AsSOLi4ilic)n for 2024. all of whom scrvcd throughoui the year unless indicalLd bcl()¥h', wcrL ihe f()Ilowing OtTiccrs'. 'as co-opted as McmbLYship Sccrelary, during the year and his apwinlment Ill bL iuiiliniiLIJ at Ihc MarLh ?U?5 AGM.
-II%A.NCI.41. RTr"N'ITr"W AND RESLRI'ES POLICY Whilst members'hip sub5Lriplions arL' fixLxI al thc le%'el M,hich sUP)rtS the cost ol" pr(KIuLing, printing and dislribuling thL AS)elal10n s quartLYls' journal. Thc TNC l.ine. funds arc rais(xl Ihroubh donations ld rLyrinl&'CDs of s¢'leLied arLhive malerial to contribulc lo oihcr General Expcnscs. As nUIL dbovc the ASSULiation rclics on %'olunleers io undertdke it5 main aLtivilies and is grdtLful io thc Cil&s¥ciw unl.cr7lY Archi.c5 SLn'lLL fc)r hcilding our Archivc of w'ritlen matcriiil and ph()lobraphs rclalingi io th¢ Calolonian RailMa}'. Other costs of rnnning the A%soLialion. includingF any annual d¢fi¢ils are mct Irum GLeral RL%Ln'L%. A% thL' Assi)Liation doL'S noi ha%'L an), significant long'_tenn financial commitmcnls there is no nL¢d IL) mdiniain a dL1¢allY1 rL%LrN'¢" lo address SULh LxpcllsL. ThL TrusleL'5 beIlL'e Ihal Ihe rl%soLidliDn should hc)Id ai ILas1 onL N'cdr % running Los15 {cxLluding publiLalions 'hICh arc Ll)wLrLd by ihc SpL¢ial PruJL¢ls Fund) In ihu GLnLfdl RLSLThL% lo prL)%'idL timL' to addrL%S any Slbyniticani downlum In inLomc. At 31 DLccmbcr ?074 the Gcncral Rcscrvc tolals £16,122 i?0?3 £19,IK)31 th,hich rcprescnis running cosis for approxirnately 13 months. -llJc -'Spccial Projcd F und" is a DCSignalL ALLC)uni io bc u%cd for projccls of lasting valuc. Thc fund is built up from w'indf811 donations. 1WuL15. tax rcpaymenis under Gift Aid. iniLresi reLLived on tunds. and the nel pr()Leeds fri)m our prog¥rammc ()f publiLalii)n5 i)ur 'I'rue LITEL Xq()dLls rangc. l-hL SpcLial ProJcLts l- und M'ill conlinuc lo bc uscd lo undcrwritc Ihc costs of further publications and models to further ihc Associalion s aims. "lthis RrV Policy will bc. rcN"icw'cd annually. ApprO¢d bj" th¢ "I'rustee5 on 29 tlu%Mst 2025 nd $i2ned nn their hehNlf h%".
RECEivfs AND PAI'NIENTS ,ICLOL%T FOR TFIE YEAR ENDED 31 DECE11BER 2024 2024 2023 RÈC'EIPTS Sub%crLplion DonaLion% rec'd with Sub5. Gcncral l)onaiion "l Repavmeni on Gift Aid Ilank Interesi Buildlng Sociely Bank Inieresi Noiice Accounl 10.496 2.5?fi 1?7 4.880 2113 1.263 133 1.546 12 Sales.. Reprini.F. oihvrs Clh-Trne Line Arc hii'e,'DraM'ing5 Puhlicoiions Trne Lin Mode15 1.715 415 3.320 .165 416 9.595 6.615 Salc of phoLogrdphs Gr05s Receipts 26.2811 2S81 PA k'.VE..%'TS Tl l. Printing Tl'l P()%1 & Pa¢king Tl'l. OihL T5 6.933 4.949 6.366 3.884 15 11.897 1026 Cosl ofsales.. Reprinl.F. Oiher_¥ CD¥-Trutr 14ine Arc.hii'v/l)rtsM'ing.f PuhliL'allCPPI.S Trye Lijryv Mfpdvl_F 563 ?.414 912 9.929 1,008 4.444 Donation¥ io CR419 Donaljvns lo C"R8?8 ArLhive PurLh&%e Arihii'¢ Con_%¢Traiiot) MLmbeT%hip I""xpenies GLneral I""xwn%es A(JM I".Ipen%Ls Exhib)Iion F.n.¢S Room Ilire for Mectings SLOtiish l.ine Sociciies.. 3L'oiti.ih RciilK'di' Ilision. Conferi'nce Juini Phoio Archiii. Projeci CiJrtirih#iiopLsfrom Oiher Socii)iies 650 485 3fi 607 459 798 45 77 91 Il591 437 507 43 Transaction Charges.. Pui'Pal SumLi 99 43 145 50 14? 195 In4urancc Gro.%.F Paj'ments 20.708 26247 N.TSI,RPLI.'S/(Dk.'FIC"ITJ *"OR TIIF Trfr..4R S,472 (436)
STATENlb'N I. OF B,11...INC."Tr.S
AS AT 31 DECEMBLK 2024
2024
2023
Cash F'und5
C'a4h ai bank and in hal al slan of year
NCL surpluttyidcfiiiil for ihe YL
53.613
5.572
54.049
(4361
59.185
Kepre%eni¢d bi..
35-dd)' Nlilicc l)cwk4il .4ccount
uildin¥ .Irc()unl
ank ("urrLnl AiLI. Baldncc
Aic()uni Nc)
ale% Sland l.loob.Pa.Pal 14alan¢c
411.144
38,881
11,761
1.909
93
969
1.793
59.185
53.613
ihcr
ArLhii'L% PurLhaYd ICurnulaiLb'el
Ciifi Aid Tax R¢livr
32.031
50
34.931
34.281
I"C)"I"AI_ A%%E"I
94.11fi
%PE"L-IAI. VKOJTr.'C"I" AC-CULN"r
1th15 Is a sub-1 of the AccounLS and 1$ a De4ignaied Accounil
2fi24
2023
()pen5ng B*l#t)et
IkJnaiii)n% rer'd with Subli.
(J
NOTES TO TIIE ACCOLNTS l. A Idr¥c number of Members add donations lo their subscriptions, and c.800/0 of Members hav¢ Sibpned Gift Aid declarations. Thc Gift Aid Llaims for 2023 and 2024 will bc claimcd in lh¢ ?0?5 Financial Year. Thc Gift Aid r¢ceived as cash in 2024 includcs oatLh up f()r ¢arli¢T yLdrs. 2. Pri)Lceds of our publications "CR 419"" are donated lo thc Scoltish Railway Preservation SoLILly whiLh ow'ns and maintains Ihc IoLI)moliN'e. A d()nati()n of £50 will be made in carly 2025 for ?024 sales. 3. ProLeeds of Ihe salc of our publication '"Calcy 82%" arc dunalcd lo Ihe Calcd()nian Railway 1428 -1.rust which owns and maintains Ihc loci)molivc. Th¢rc were no sales of the Ix)()k in 2024 and accordingyly no donation has bccn miidc. 4. 411 nLw doLumLn15 II'Lre aLLCSS11)ncd Ihi4 yLiir includinb> a collcLli()n of 12 Driainal SL()Itish Ccnlral Railway draM'ingbS of ils bridgiL's and struLlurLS. Archii'c conscTh'ali()n rL.lalL' l() IhL' pur¢hdsL' i)I' a high spccd %cannL'r f()r us¢ in digtriti%inLi our phi)logir(Iphi arLhivcs. 5. GcnLral expenses includc £175 paid to purchasc addilic)nal wcb 41()ragFc SPilLC l()r th 'xILndinbJ WLb%ilL and f<)Thm, 2023 includLTrd £604 paid for hosling) of i)ur wcbsito f()r thr. yLar% Iii Summ¢r ?076. 6. C()%1% includL Ih()%c ass()cialcd with jc)inl acliN'ilies wilh othcr Scnllish l.inc SnLidtic inLludin& IhL pr()JLxI t() rLLcird lind Laial()glUC dll i)f IhL SL()Itish imabiL'% hLld hy ihL Ndli()nul Railway Mu%cum and sharcd aiiLndanLC al cxhibitions. Agr¢nnnI ha% ixLn r¥aLhLxl i() sharL' Pdsl iind fulurc L()sls amc?nb>sl th¢ SLi>llish linc s()Liclics. 'hL' nL.I ¢(J%l rLprL%Lnls IhL A%s()cialii)n % Sharc ()l- ¢ci%t% plus liming dillirLnLCS bL.1.CCn inLurrinb LXPLllsL% and rLlunds Ir()m c)Ihcr SoLiLIiL%. ?1124 al%() inLlud¢s thL atlLndanLL ILLS flir, and Ll)sls of running,, IhL. Scollish Rdilw'ay Hisli)ry C"()nfL'fLncc in O¢l()bLr. Flnal ballinces for thc confcrcncc will bc sharcd across all fivc sociclics. 7. Admini%lralii)n fcL's rai%c(I by PayPal (i)nlinc 4alc5) and Sumup (card puymcnls at shi)ws) in rcspccl of Ihcir clcLironi¢ payment scrvicc5. 8. In%uranLC is mainlaincd for our mcclingis and altcndancc al show5. 9. ArLhivLS of IhL CRA arc 5h()wn al cosi of aLquisilion sinLL ?O(l? t)()n(IIL.d ilL'm% arL not YIVLn a valuatton. Thc CRA archiv¢s arL hcld wilh (ilasgiow lJnivL'r5ily BU%15 ArLhivL C'cnlrL. I l). Nn valualic)n has bL'cn placcd in Ihc Accounts on salc% stC)Lk or publiLalion5. I l. Truslccs arc rcimbur5cd out c)f p(i¢k¢t LXPLnscs rclalin&i to thcir work for Ihc A%sociati()n on Ihc 5amc hasis as all (Iihcr N'c)luntLLrs dnd rLXL'ii'LryJ no rcmuncratic)n fc)r IhLif SLrviccs during thc ycar. Expcns¢5 r¢fundLxl Ii) thL TThslces in Ihc ycar lotdlled £1.528 {2013 £2,1.17) hcing? rcfund5 of As%ncialic)n Losls iniliall). paid dirccily by Ihem - pi)slagyLS and prinling Losls, stalioncry cti. or Iriiv¢I and dLLommodalion cosl%.
14Dfr"PTr".NI)Tr:J"I" EXA.%IIJ ER'S RTr-P()RT 10 THE TRLSTEF.S OTr- THTr. CALTr"DONIAN RAII.WAY ASSOCI.4TIO I rctK)rt on thc accounts ol Ihc charily for the ycar cndcd 31 Dcccmbcr ?U?4 which arc sct out on thc pagycs 4 to 6. Respective responsibilities of trustees and examiner 'I'hL Lhdnly'% IruslLL% Jrc rL%Pi)nsiblL for ihe prLpdralii)n of the accounts in aLcordanLC Wlth IhL tLYms (?f thL ChariliL% und Tru%lLt' InN'Lstmcnl {SLI)Iland) ALI 2005 and ihL Charitie% Accounts I S¥oiland) Rcb¥ulaiion5 ?(K)6. Thc Chari1 Iruslccs ¢onsid¢r Ihgt the audil rLquifLmeni ol. RLg'ulaiion 10( I ) (d) Lbf Ihe ALLounis RLg'uldiiL)ns dol not apply. li 14 my rLspiin%ibililS Ic) Lxamin¥ ihL' dLL4yunt% a% rwuirL'd undLf %LLli(In 44{1) IL) ()I' IhL ALI dnd til Slaic whcthcr particular maitcrs hai'c Comc to my aitcntion. Basis of indcpcndcnl cx4min¢r's Statcmcnt LxJrninaiii)n 1% LJrriL.d i)ut in dLL()rdanLL' Wlth Rcgulatiun I I cjf IhL ChdritlL5 ALLL)unts (sL()tl(d) RLguliiliuns 2(K)6. An L'xamin&iliun inLludLs a rLvIL"' vf IhL acu)unling r¥Lords kLpl bv Ihc Lhanlv and a ci)mpari)n of Ihc accounts prcscnlcd '1th Ihos¢ rccords. li also inLludcs considcration of any unusual ilcms or di%LI()%urcs in Ihc aLL<)uni% and sc¢k Lxpldndliiins Iri)In IhL Iru%lLY• ciinLLrninb> dlly 4ULh m4illLP. 'I'hL Pn)LLUrL4 undLrtdkLli dii ni)I pri)vidL all Ihc c¥'id¢nLL' Ihal wi)uld b¢ rLNuird in an audit. and Ll7nscqu¢nily I d17 not Lxpfcss audil opinion on the dL¢ounls. Indepcndent examiner's statement In thL LoursL' of my cxamination no mallLY has comc lo my atlcnlion: which ML. fL'a51)niiblL' LausL to .11¥V¢. Ihial in any malcyial r¥spL'LI thc rLyuifLmLnls'. li) kLLI) aLLiiunling rLL'()rds in aLcordanLL Wlth ScLlion 44(1) (a) of Ihc 2005 ALI and Rcgulaliiin 4 lif IhL 21MK> ALLxiunl% RLgulali()n% lind t() prLp(Ire aLc()unls H'hiLh acL(ird wilh thL' ilLLI)uniing rL1)rS dnd i(Imply 'iih RLgulalion g of th¢ 2006 ALcounls Rcg?ulalions havc not hcL"n mct. or 2. 1() which. in my (Ipini()n. atlcnli(In shc?uld hc driiwn in ()rdcr Ici LmahlL a pr(?PLY