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Severn Valley Railway Charitable Trust Ltd is a Registered Charity, Number 1092723, for the purpose of raising funds to support the SVR. It is commonly referred to on the SVR as "the Charitable Trust", and was originally called the SVR Rolling Stock Trust. Its objectives are to help fund restoration and maintenance projects, to help arrest the decline of heritage engineering skills and to safeguard the long-term future and operational capability of the Railway.  
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Severn Valley Railway Charitable Trust Ltd is a Registered Charity, Number 1092723, for the purpose of raising funds to support the SVR. It is commonly referred to on the SVR as "the Charitable Trust". Its objectives are to help fund restoration and maintenance projects, to help arrest the decline of heritage engineering skills and to safeguard the long-term future and operational capability of the Railway.  
 +
 
 +
== Origins and Objects ==
 +
The SVR Rolling Stock Trust Company Limited was incorporated on 17 December 2001 as a private company limited by guarantee, company number 04341280. As a charitable body, its Objects were:<ref>Companies House</ref>
 +
 
 +
"''To advance education for the benefit of the public by:''
 +
*''the acquisition, restoration, preservation, operation maintenance and display of heritage railway locomotives, coaches, wagons and artefacts''
 +
*''the provision of facilities for the education, training and certification of trainees in the practicalities, techniques and methods used in the restoration, repair and operation of historic railways''"
 +
 
 +
On 29 June 2012 the Trust took on a wider remit as the SVR's general charitable trust, for which purpose it adopted its present name.<ref>SVR News 178</ref> The current (2017) Articles of Association state that:<ref>[https://beta.companieshouse.gov.uk/company/04341280/filing-history?page=1 Companies House]</ref>
 +
 
 +
"''The Charity’s Objects are specifically restricted to the following'':
 +
*''to advance education for the benefit of the public by the acquisition, restoration, preservation and operation of heritage railway locomotives, carriages, wagons, station buildings, track and other associated infrastructure''
 +
*''establishing buildings to house and preserve the Charity’s rolling stock collection''
 +
*''the provision of educational and interpretive displays for the travelling public and''
 +
*''the provision of education and skills training used in the restoration, repair and operation of historic railways to ensure their long term survival''"
 +
 
 +
The Trust is a member of the Heritage Trust Network, an umbrella organisation for built heritage preservation groups and individuals formed in 2016 from the Association of Preservation Trusts (UK-APT). Members work to restore built heritage and bring historic buildings back into community use.<ref>[http://www.heritagetrustnetwork.org.uk/our-members/severn-valley-railway-charitable-trust/ www.heritagetrustnetwork.org.uk]</ref>
  
 
==Support==
 
==Support==
*The Charitable Trust funds most of the costs of the SVR’s Heritage Skills Training Academy and team of apprentices.
+
*The Charitable Trust funds most of the costs of the SVR’s [[Heritage Skills Training Academy]] and team of apprentices. It costs £21,000 to fund an apprentice for one year, and the Trust funded £165,125 in 2017 (2016: £35,000).<ref>[http://apps.charitycommission.gov.uk/Accounts/Ends23/0001092723_AC_20170630_E_C.PDF SVR Charitable Trust Report and Financial Statements 30 June 2017]</ref>
*Income from its endowment Future Fund will allow sustainable investment on the Railway in the years to come. Donations to the Future Fund were matched, pound for pound, by a Heritage Lottery Fund grant of up to £500,000 which was reached on 26 May 2017. It has aspirations to grow the Fund to £10 million.<ref>SVRLive Charitable Trust page, 26 April 2017</ref>
+
*In May 2016, the Trust secured a grant of £75,000 from the Department for Transport towards a project which will transform the Railway’s facilities for disabled visitors by adapting a carriage to wheelchair use to complete the SVR’s fleet of accessible carriages, and rebuilding a second carriage to provide wheelchair-accessible dining facilities
*A rolling stock fundraising and restoration project for [[GWR 17410 'Toad' 20T Goods Brake Van | GWR Toad van 17410]] is now underway, in collaboration with the [[The LNER Carriage Group | LNER Carriage Group]]. {{As of|2017|7}} donations have reached £7,275.<ref>SVRLive 'GWR Toad van 17410' page, 7 July 2017</ref>
 
*In May 2016, the Trust secured a grant of £75,000 from the Department for Transport towards a project which will transform the Railway’s facilities for disabled visitors by adapting a carriage to wheelchair use to complete the SVR’s fleet of accessible carriages, and rebuilding a second carriage to provide wheelchair-accessible dining facilities.
 
*The Charitable Trust is supporting the SVR’s ambitious Bridgnorth Development Project. {{As of|2017|7}} donations have reached £38,037.<ref>SVRLive 'Bridgnorth development' page, 7 July 2017</ref>
 
*The Trust supports the diesel groups' appeal seeking to improve facilities at the [[Diesel Depot |Kidderminster Diesel Depot]] which opened in June 2016.<ref>[http://svrtrust.org.uk/download/get/diesel-appeal-leaflet/107.html Diesel Leaflet]</ref> {{As of|2017|7}} donations have reached £6,430.
 
 
*It works with supporters to ensure their wishes are kept when they decide to leave a final legacy to the Railway in their Will.
 
*It works with supporters to ensure their wishes are kept when they decide to leave a final legacy to the Railway in their Will.
*It is appying to the HLF for funds to repair [[Falling Sands Viaduct]]
+
*In October 2017 the Trust announced it was establishing an [[The Engine House#Commemorative_Garden|In Memory Garden]] for SVR supporters, close to [[The Engine House]].
+
 
Previous support included:
+
===Shareholding===
*It secured an HLF grant of £95,000 towards the restoration of [[GWR 4930 Hagley Hall | 4930 Hagley Hall]] .
+
The Trust is a [[Severn Valley Railway (Holdings) PLC#Notable_shareholdings|shareholder in SVR(H)]] by way of donated or bequeathed shares. In the 2012 Share Offer existing shareholders with small numbers of shares who did not want to increase their holding were invited to donate their shares to the Trust.
 +
 
 +
===Previous support===
 +
*It secured an HLF grant of £95,000 towards the restoration of [[GWR 4930 Hagley Hall | 4930 Hagley Hall]].
 
*The Trust has worked closely with volunteers from the [[The LNER Carriage Group | LNER Carriage Group]] to raise funds for and in conjunction with Carriage & Wagon to complete the final restoration work on three Gresley teak carriages ([[LNER 7960 Kitchen Composite|Kitchen Composite 7960]], [[LNER 24506 Brake Third|Brake Third 24506]] and [[LNER 52255 Open Third|Open Third 52255]].) These were splendidly showcased when Flying Scotsman visited the SVR in September 2016.
 
*The Trust has worked closely with volunteers from the [[The LNER Carriage Group | LNER Carriage Group]] to raise funds for and in conjunction with Carriage & Wagon to complete the final restoration work on three Gresley teak carriages ([[LNER 7960 Kitchen Composite|Kitchen Composite 7960]], [[LNER 24506 Brake Third|Brake Third 24506]] and [[LNER 52255 Open Third|Open Third 52255]].) These were splendidly showcased when Flying Scotsman visited the SVR in September 2016.
*It contributed to the annual track re-laying work that took place in 2016 between Eardington and Bridgnorth.
+
*It contributed £30,000 to the annual track re-laying work that took place in 2016 between Eardington and Bridgnorth.
 +
*The Trust has been instrumental in funding the stonework restoration on [[Sandbourne Viaduct]] with £60,000 contributed in 2017
 +
*In January 2018 it raised £13,000 by appeal to repair [[Severn_Valley_Railway_Timeline_2010-2019#2017 | damage caused by vandals]] to two coaches.
 +
*A rolling stock fundraising and restoration project for [[GWR 17410 'Toad' 20T Goods Brake Van | GWR Toad van 17410]] took place in collaboration with the [[The LNER Carriage Group | LNER Carriage Group]] and raised around £10,000
 +
*The Trust funded the overhaul of [[GWR 9615 Kitchen Diner First]] from 2018.<ref>[https://svrtrust.org.uk/downloads/Platform%202018%20web%20version-1.pdf 'Platform' magazine, 2018 Issue 4, p.6]</ref>
 +
*It contributed to the track re-laying work that took place in 2018 at [[Accommodation bridge near Severn Lodge#County_Boundary_landslip|County Boundary]]
 +
*It supported the reinstating of the [[Eardington#The_platform|Eardington Station platform]] in January 2018
 +
*In 2019 it hit its £397,000 target for its [[Falling Sands Viaduct]] appeal and was awarded a further £853,800 grant from The [[:Category:Lottery funding#National_Lottery_Heritage_Fund|National Lottery Heritage Fund]], following an initial £71,800 in 2017 to develop its bid.
 +
*In 2019 a £10,000 grant from the Postcode Lottery funded covered outdoor seating and an enlarged Anderson shelter at [[The Engine House]]<ref>[https://www.svrlive.com/epapril19 Express Points April 2019]</ref>.
  
==Fundraising events==
+
==Fundraising==
Recent events organised by the Charitable Trust have included:<ref>[http://svrtrust.org.uk/news.html Charitable Trust news page]</ref>
+
The Trust has sought to develop large scale fundraising. To generate support from "influential individuals" the Trust may typically invite a small group to spend a day on the SVR using an Observation Saloon to make conducted vists to workshops to met staff and volunteer craftsmen.<ref>2013 Annual Report</ref>
*April 2014: Charity Race Day at Ludlow Races
+
*It appointed Compton Fundraising Consultants'
*June 2015: Charity Race Day at Worcester Racecourse raising £34,500<ref>[http://www.worcesternews.co.uk/news/13351423.Full_steam_ahead_as_charity_raceday_at_Worcester_Racecourse_helps_protect_our_railway_heritage/ Worcester News]</ref>
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*In addition to gifts it seeks pledges or future bequests. Those leaving a gift in their Will to the SVR Charitable Trust are invited to join the '''Guardians' Club'''.<ref name=CTDonation>[https://www.svrtrust.org.uk/index.php?page=Make%20a%20donation Charitable Trust Website 'Make a Donation'] (retrieved 12 August 2019)</ref>
 +
*Individuals donating over £100 or giving regular gifts by monthly contributions are invited to join the '''Patrons' Club'''.<ref name=CTDonation/>
 +
*It has the support of Corporate partners
 +
 
 +
===Fundraising events===
 +
Events organised by the Charitable Trust include:<ref>[http://svrtrust.org.uk/news.html Charitable Trust news page]</ref>
 +
*April 2014: Charity Race Day at Ludlow Races raising £62,000.<ref>2014 Annual Report</ref>
 +
*June 2015: Charity Race Day at Worcester Racecourse raising £34,500.<ref>[http://www.worcesternews.co.uk/news/13351423.Full_steam_ahead_as_charity_raceday_at_Worcester_Racecourse_helps_protect_our_railway_heritage/ Worcester News]</ref>
 
*June 2016: Charity Race Day at Worcester Racecourse raising £22,000<ref>[http://www.malverngazette.co.uk/news/14576040.Charity_race_day_gets_Severn_Valley_Railway_on_right_track/ James Connell, 'Race day at Worcester supports Severn Valley Railway's Heritage Skills Training Academy', Malvern Gazette 23 June 2016] (Retrieved 5 March 2017)</ref>  
 
*June 2016: Charity Race Day at Worcester Racecourse raising £22,000<ref>[http://www.malverngazette.co.uk/news/14576040.Charity_race_day_gets_Severn_Valley_Railway_on_right_track/ James Connell, 'Race day at Worcester supports Severn Valley Railway's Heritage Skills Training Academy', Malvern Gazette 23 June 2016] (Retrieved 5 March 2017)</ref>  
 
*September 2016: VIP Flying Scotsman Charity Day<ref>[http://svrtrust.org.uk/news/flyingscotsman.html Charitable Trust Flying Scotsman page]</ref>
 
*September 2016: VIP Flying Scotsman Charity Day<ref>[http://svrtrust.org.uk/news/flyingscotsman.html Charitable Trust Flying Scotsman page]</ref>
 
*14 June 2017: Charity Race Day at Worcester Racecourse raising £23,000.<ref>SVR Twitter 15 June 2017</ref>
 
*14 June 2017: Charity Race Day at Worcester Racecourse raising £23,000.<ref>SVR Twitter 15 June 2017</ref>
 +
*11 June 2018: Annual Charity Race Day at Worcester Racecourse raising £13,000.<ref>[https://www.svrlive.com/epjuly18 'Express Points', July 2018]</ref>
 +
 +
The Charitable Trust took over the organisation of the annual [[Peep Behind the Scenes]] day for 2017.
 +
 +
===Endowment Future Fund===
 +
The Trust set up an endowment Future Fund, the income from which is intended to allow sustainable investment on the Railway in years to come. It has aspirations to grow the Fund to £2 million by 2020 and eventually to £10 million.<ref>SVRLive Charitable Trust page, 26 April 2017</ref> It appointed professional investment managers, Brewin Dolphin, to manage the investment. Donations to the Future Fund were matched, pound for pound, by a [[:Category:Lottery funding#National_Lottery_Heritage_Fund|Heritage Lottery Fund]] Catalyst programme grant of up to £500,000 which was awarded in 2013 and reached on 26 May 2017, giving a total fund value of over £1 million.
  
The Charitable Trust has taken over the organisation of the annual [[Peep Behind the Scenes]] day with effect from 2017.
+
===Current appeals===
 +
*The Trust supports the diesel groups' appeal seeking to improve facilities at the [[Diesel Depot |Kidderminster Diesel Depot]] which opened in June 2016.<ref>[http://svrtrust.org.uk/download/get/diesel-appeal-leaflet/107.html Diesel Leaflet]</ref> By June 2017 the trust had contributed £40,000 to this project.<ref>[https://www.svrtrust.org.uk/downloads/Platform%202017.pdf Platform 2017]</ref>
 +
*The Charitable Trust is supporting the SVR’s ambitious [[Bridgnorth#Bridgnorth_Development_Project|Bridgnorth Development Project]]. By November 2017 £83,000 had been received for the project, including £18,000 that has been restricted to restoring the [[Bridgnorth Turntable|Bristol Bath Road turntable]] at the station.<ref>[https://www.svrlive.com/svrct-bridgnorth-project 'Bridgnorth Project' page, 28 November 2017]</ref>
  
 
==Rolling stock==
 
==Rolling stock==
The Charitable Trust owns [[GWR 7819 Hinton Manor]], together with a number of [[Carriages | carriages]] and [[Goods Wagons | goods wagons]]:   
+
The Charitable Trust owns [[GWR 7819 Hinton Manor]], [[BR Class 11 12099]] and a number of [[Carriages | carriages]] and [[Goods Wagons | goods wagons]]:   
 
*Some of these carriages were formerly owned by a separate body, the L.M.S & B.R. Coach Fund. The Coach Fund donated them to the Charitable Trust in 2007, following which it became a department within the Charitable Trust.  The department maintains a [[L.M.S. & B.R. Coach Department Sales Coach | sales coach]] at [[Bridgnorth]].
 
*Some of these carriages were formerly owned by a separate body, the L.M.S & B.R. Coach Fund. The Coach Fund donated them to the Charitable Trust in 2007, following which it became a department within the Charitable Trust.  The department maintains a [[L.M.S. & B.R. Coach Department Sales Coach | sales coach]] at [[Bridgnorth]].
 
*Three carriages were also acquired from [[The LNER (SVR) Coach Fund | the LNER (SVR) Coach Fund]] in 2010, at which time [[The LNER Carriage Group | the LNER Carriage Group]] similarly became a department within the Charitable Trust.
 
*Three carriages were also acquired from [[The LNER (SVR) Coach Fund | the LNER (SVR) Coach Fund]] in 2010, at which time [[The LNER Carriage Group | the LNER Carriage Group]] similarly became a department within the Charitable Trust.
 
*In early 2016, the [[The LNER (SVR) Coach Fund|LNER (SVR) Coach Fund]] and the [[Severn Valley Railway (Holdings) PLC|SVR Holdings Company]] transferred the ownership of their LNER carriages to the Charitable Trust, resulting in the Trust now owning all nine LNER carriages based on the SVR.
 
*In early 2016, the [[The LNER (SVR) Coach Fund|LNER (SVR) Coach Fund]] and the [[Severn Valley Railway (Holdings) PLC|SVR Holdings Company]] transferred the ownership of their LNER carriages to the Charitable Trust, resulting in the Trust now owning all nine LNER carriages based on the SVR.
  
The Charitable Trust is the SVR's 'owner of last resort', "''...ensuring that various locomotives, coaches and wagons that have been lovingly restored over many years by SVR volunteers can remain at the Railway, in perpetuity. As the members of the many preservation groups inevitably age and their numbers dwindle, items of rolling stock can be donated to the Charitable Trust, in order to be absolutely certain they will remain at the Railway for the long-term.''"<ref>[http://www.svrlive.com/charitable-trust Statement from Director of Development, November 2016 on SVR Live]</ref>   
+
The Charitable Trust is the SVR's 'owner of last resort', "''...ensuring that various locomotives, coaches and wagons that have been lovingly restored over many years by SVR volunteers can remain at the Railway, in perpetuity. As the members of the many preservation groups inevitably age and their numbers dwindle, items of rolling stock can be donated to the Charitable Trust, in order to be absolutely certain they will remain at the Railway for the long-term.''"<ref>[https://www.svrlive.com/charitable-trust Statement from Director of Development, November 2016 on SVR Live]</ref>   
  
 
A full list of all the rolling stock owned by the Trust can be found [[:Category:Rolling stock owned by The SVR Charitable Trust | here]].
 
A full list of all the rolling stock owned by the Trust can be found [[:Category:Rolling stock owned by The SVR Charitable Trust | here]].
  
 
==See also==
 
==See also==
[[The Severn Valley Railway in preservation#Current Organisation | The SVR Organisation]]<br>
+
*[[The Severn Valley Railway in preservation#Current Organisation | The SVR Organisation]]
[[:Category:Rolling stock owned by The SVR Charitable Trust | List of rolling stock owned by The SVR Charitable Trust]]<br>
+
*[[L.M.S. & B.R. Coach Department Sales Coach|L.M.S. & B.R. Coach Department]] - a department of the Trust
List of [[Charities associated with the SVR]]<br>
+
*[[The LNER Carriage Group]] - part of the Trust
[[L.M.S. & B.R. Coach Department Sales Coach|L.M.S. & B.R. Coach Department]] - a department of the Trust<br>
+
*[[Friends of 4930 Hagley Hall]] - integrated into the trust to maximise income through Gift Aid
[[The LNER Carriage Group]] - part of the Trust<br>
+
*[[Falling Sands Viaduct]]
[[Falling Sands Viaduct]]
+
*[[The Engine House#Commemorative_Garden|Commemorative Garden]]
 +
*[[Heritage Skills Training Academy]]
 +
*List of [[Charities associated with the SVR]]
 +
*[[The Severn Valley Railway in preservation#Chairmen|Charitable Trust Chairmen]]
  
 
==References==
 
==References==
Line 49: Line 91:
 
==Links==
 
==Links==
 
[http://svrtrust.org.uk/ Charitable Trust website]<br>
 
[http://svrtrust.org.uk/ Charitable Trust website]<br>
[http://www.svrlive.com/charitable-trust SVRLive page]
+
[https://www.svrlive.com/charitable-trust SVRLive page]
  
  
 
[[Category:Lottery funding]]
 
[[Category:Lottery funding]]

Revision as of 16:28, 17 December 2020

Severn Valley Railway Charitable Trust Ltd is a Registered Charity, Number 1092723, for the purpose of raising funds to support the SVRSevern Valley Railway. It is commonly referred to on the SVRSevern Valley Railway as "the Charitable Trust". Its objectives are to help fund restoration and maintenance projects, to help arrest the decline of heritage engineering skills and to safeguard the long-term future and operational capability of the Railway.

Origins and Objects

The SVRSevern Valley Railway Rolling Stock Trust Company Limited was incorporated on 17 December 2001 as a private company limited by guarantee, company number 04341280. As a charitable body, its Objects were:[1]

"To advance education for the benefit of the public by:

  • the acquisition, restoration, preservation, operation maintenance and display of heritage railway locomotives, coaches, wagons and artefacts
  • the provision of facilities for the education, training and certification of trainees in the practicalities, techniques and methods used in the restoration, repair and operation of historic railways"

On 29 June 2012 the Trust took on a wider remit as the SVRSevern Valley Railway's general charitable trust, for which purpose it adopted its present name.[2] The current (2017) Articles of Association state that:[3]

"The Charity’s Objects are specifically restricted to the following:

  • to advance education for the benefit of the public by the acquisition, restoration, preservation and operation of heritage railway locomotives, carriages, wagons, station buildings, track and other associated infrastructure
  • establishing buildings to house and preserve the Charity’s rolling stock collection
  • the provision of educational and interpretive displays for the travelling public and
  • the provision of education and skills training used in the restoration, repair and operation of historic railways to ensure their long term survival"
The Trust is a member of the Heritage Trust Network, an umbrella organisation for built heritage preservation groups and individuals formed in 2016 from the Association of Preservation Trusts (UK-APT). Members work to restore built heritage and bring historic buildings back into community use.[4]

Support

  • The Charitable Trust funds most of the costs of the SVRSevern Valley Railway’s Heritage Skills Training Academy and team of apprentices. It costs £21,000 to fund an apprentice for one year, and the Trust funded £165,125 in 2017 (2016: £35,000).[5]
  • In May 2016, the Trust secured a grant of £75,000 from the Department for Transport towards a project which will transform the Railway’s facilities for disabled visitors by adapting a carriage to wheelchair use to complete the SVRSevern Valley Railway’s fleet of accessible carriages, and rebuilding a second carriage to provide wheelchair-accessible dining facilities
  • It works with supporters to ensure their wishes are kept when they decide to leave a final legacy to the Railway in their Will.
  • In October 2017 the Trust announced it was establishing an In Memory Garden for SVRSevern Valley Railway supporters, close to The Engine House.

Shareholding

The Trust is a shareholder in SVR(H) by way of donated or bequeathed shares. In the 2012 Share Offer existing shareholders with small numbers of shares who did not want to increase their holding were invited to donate their shares to the Trust.

Previous support

  • It secured an HLFHeritage Lottery Fund (National Lottery Heritage Fund from 2019) grant of £95,000 towards the restoration of 4930 Hagley Hall.
  • The Trust has worked closely with volunteers from the LNER Carriage Group to raise funds for and in conjunction with Carriage & Wagon to complete the final restoration work on three GresleySir Nigel Gresley, Chief Mechanical Engineer (CME) of the London & North Eastern Railway 1923-1941 teak carriages (Kitchen Composite 7960, Brake Third 24506 and Open Third 52255.) These were splendidly showcased when Flying Scotsman visited the SVRSevern Valley Railway in September 2016.
  • It contributed £30,000 to the annual track re-laying work that took place in 2016 between Eardington and Bridgnorth.
  • The Trust has been instrumental in funding the stonework restoration on Sandbourne Viaduct with £60,000 contributed in 2017
  • In January 2018 it raised £13,000 by appeal to repair damage caused by vandals to two coaches.
  • A rolling stock fundraising and restoration project for GWR Toad van 17410 took place in collaboration with the LNER Carriage Group and raised around £10,000
  • The Trust funded the overhaul of GWR 9615 Kitchen Diner First from 2018.[6]
  • It contributed to the track re-laying work that took place in 2018 at County Boundary
  • It supported the reinstating of the Eardington Station platform in January 2018
  • In 2019 it hit its £397,000 target for its Falling Sands Viaduct appeal and was awarded a further £853,800 grant from The National Lottery Heritage Fund, following an initial £71,800 in 2017 to develop its bid.
  • In 2019 a £10,000 grant from the Postcode Lottery funded covered outdoor seating and an enlarged Anderson shelter at The Engine House[7].

Fundraising

The Trust has sought to develop large scale fundraising. To generate support from "influential individuals" the Trust may typically invite a small group to spend a day on the SVRSevern Valley Railway using an Observation Saloon to make conducted vists to workshops to met staff and volunteer craftsmen.[8]

  • It appointed Compton Fundraising Consultants'
  • In addition to gifts it seeks pledges or future bequests. Those leaving a gift in their Will to the SVRSevern Valley Railway Charitable Trust are invited to join the Guardians' Club.[9]
  • Individuals donating over £100 or giving regular gifts by monthly contributions are invited to join the Patrons' Club.[9]
  • It has the support of Corporate partners

Fundraising events

Events organised by the Charitable Trust include:[10]

  • April 2014: Charity Race Day at Ludlow Races raising £62,000.[11]
  • June 2015: Charity Race Day at Worcester Racecourse raising £34,500.[12]
  • June 2016: Charity Race Day at Worcester Racecourse raising £22,000[13]
  • September 2016: VIP Flying Scotsman Charity Day[14]
  • 14 June 2017: Charity Race Day at Worcester Racecourse raising £23,000.[15]
  • 11 June 2018: Annual Charity Race Day at Worcester Racecourse raising £13,000.[16]

The Charitable Trust took over the organisation of the annual Peep Behind the Scenes day for 2017.

Endowment Future Fund

The Trust set up an endowment Future Fund, the income from which is intended to allow sustainable investment on the Railway in years to come. It has aspirations to grow the Fund to £2 million by 2020 and eventually to £10 million.[17] It appointed professional investment managers, Brewin Dolphin, to manage the investment. Donations to the Future Fund were matched, pound for pound, by a Heritage Lottery Fund Catalyst programme grant of up to £500,000 which was awarded in 2013 and reached on 26 May 2017, giving a total fund value of over £1 million.

Current appeals

  • The Trust supports the diesel groups' appeal seeking to improve facilities at the Kidderminster Diesel Depot which opened in June 2016.[18] By June 2017 the trust had contributed £40,000 to this project.[19]
  • The Charitable Trust is supporting the SVRSevern Valley Railway’s ambitious Bridgnorth Development Project. By November 2017 £83,000 had been received for the project, including £18,000 that has been restricted to restoring the Bristol Bath Road turntable at the station.[20]

    Rolling stock

The Charitable Trust owns GWR 7819 Hinton Manor, BR Class 11 12099 and a number of carriages and goods wagons:

  • Some of these carriages were formerly owned by a separate body, the L.M.S & B.R.British Rail or British Railways Coach Fund. The Coach Fund donated them to the Charitable Trust in 2007, following which it became a department within the Charitable Trust. The department maintains a sales coach at Bridgnorth.
  • Three carriages were also acquired from the LNER (SVR) Coach Fund in 2010, at which time the LNER Carriage Group similarly became a department within the Charitable Trust.
  • In early 2016, the LNER (SVR) Coach Fund and the SVR Holdings Company transferred the ownership of their LNERLondon & North Eastern Railway carriages to the Charitable Trust, resulting in the Trust now owning all nine LNERLondon & North Eastern Railway carriages based on the SVRSevern Valley Railway.

The Charitable Trust is the SVRSevern Valley Railway's 'owner of last resort', "...ensuring that various locomotives, coaches and wagons that have been lovingly restored over many years by SVRSevern Valley Railway volunteers can remain at the Railway, in perpetuity. As the members of the many preservation groups inevitably age and their numbers dwindle, items of rolling stock can be donated to the Charitable Trust, in order to be absolutely certain they will remain at the Railway for the long-term."[21]

A full list of all the rolling stock owned by the Trust can be found here.

See also

References

  1. Companies House
  2. SVRSevern Valley Railway News 178
  3. Companies House
  4. www.heritagetrustnetwork.org.uk
  5. SVR Charitable Trust Report and Financial Statements 30 June 2017
  6. 'Platform' magazine, 2018 Issue 4, p.6
  7. Express Points April 2019
  8. 2013 Annual Report
  9. 9.09.1 Charitable Trust Website 'Make a Donation' (retrieved 12 August 2019)
  10. Charitable Trust news page
  11. 2014 Annual Report
  12. Worcester News
  13. James Connell, 'Race day at Worcester supports Severn Valley Railway's Heritage Skills Training Academy', Malvern Gazette 23 June 2016 (Retrieved 5 March 2017)
  14. Charitable Trust Flying Scotsman page
  15. SVRSevern Valley Railway Twitter 15 June 2017
  16. 'Express Points', July 2018
  17. SVRLive Charitable Trust page, 26 April 2017
  18. Diesel Leaflet
  19. Platform 2017
  20. 'Bridgnorth Project' page, 28 November 2017
  21. Statement from Director of Development, November 2016 on SVR Live

Links

Charitable Trust website
SVRLive page