Difference between revisions of "Severn Valley Railway Charitable Trust Ltd"

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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.  
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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.
 +
 
 +
It is a membership body. Governance is through up to nine trustees, including ex officio the chairman (or their nominee) from each of [[SVR(H)]] and [[Severn Valley Railway Company Limited]]. Its salaried director of development is Shelagh Paterson.
  
 
== Origins and Objects ==
 
== Origins and Objects ==
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*''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''"
 
*''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>
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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 Charitable Trust was 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>
 +
 
 +
The current (2019) 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'':
 
"''The Charity’s Objects are specifically restricted to the following'':
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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>
 
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>
 +
 +
===Shareholding in SVR(H)===
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The Trust is a [[Severn Valley Railway (Holdings) PLC#Notable_shareholdings|minor 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. In 2019 the market value was £24,435.
  
 
==Support==
 
==Support==
*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>
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The Trust supports a variety of projects including rolling stock, infrastructure, permanent way, diesel, Bridgnorth development, education and access. Its annual report and accounts, available online from Companies House, lists the projects it has supported in the previous year and the amounts committed. Major projects include:
*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
+
 
*It works with supporters to ensure their wishes are kept when they decide to leave a final legacy to the Railway in their Will.
+
*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 £98,457 in 2019.
*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]].  
+
*It secured an HLF grant of £95,000 and contributed over £500,000 to the overhaul of [[GWR 4930 Hagley Hall | 4930 Hagley Hall]]
 +
*At [[Falling Sands Viaduct]] it raised £1.25m for major repairs, completed in 2021.
 +
*Applications for the [[2020 coronavirus disease (COVID-19) pandemic|Fight Back Fund]] for which the SVR received £250,000 grant from The [[:Category:Lottery funding#National_Lottery_Heritage_Fund|National Lottery Heritage Emergency Fund]] and  £906,000 from the Culture Recovery Fund.<ref>[https://www.shropshirestar.com/entertainment/attractions/2020/07/15/severn-valley-railway-receives-250000-funding-boost-ahead-of-reopening/ Smith, R., 'Severn Valley Railway receives £250,000 funding boost ahead of reopening', Shropshire Star, 15 July 2020] (Retrieved 15 July 2020)</ref><ref>[https://www.gov.uk/government/news/445-heritage-organisations-saved-by-103-million-investment-from-government Department for Digital, Culture, Media & Sport] (Retrieved 9 October 2020)</ref>
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 +
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]].
  
===Shareholding===
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===Charitable expenditure===
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.
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The report and accounts and [https://register-of-charities.charitycommission.gov.uk/charity-search/-/charity-details/3988604/financial-history Charity Commission website] record expenditure on charitable activities by year. An incomplete record follows:
  
===Previous support===
+
{| class="wikitable"
*It secured an HLF grant of £95,000 towards the restoration of [[GWR 4930 Hagley Hall | 4930 Hagley Hall]] .
+
| <b> Financial year ending</b> || style="text-align:right;" | <b>Amount</b> || <b>Notes</b>
*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 £30,000 to the annual track re-laying work that took place in 2016 between Eardington and Bridgnorth.
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| 2016|| style="text-align:right;" | £166,770 ||  
*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.
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| 2017  || style="text-align:right;" | £436,890 ||
*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>
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| 2018 || style="text-align:right;" | £382,580 ||
*It contributed to the track re-laying work that took place in 2018 at [[Accommodation bridge near Severn Lodge#County_Boundary_landslip|County Boundary]]
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|-
*It supported the reinstating of the [[Eardington#The_platform|Eardington Station platform]] in January 2018
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| 2019 || style="text-align:right;" | £695,990 ||
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|-
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|}
  
 
==Fundraising==
 
==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 SVR using an Observation Saloon to make conducted vists to workshops to met staff and volunteer craftsmen.<ref>2013 Annual Report</ref>
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The Trust receives funds from single donations and regular giving, grant making bodies, companies and groups and gifts in Wills.
*It appointed Compton Fundraising Consultants
+
 
*In addition to gifts it seeks pledges or future bequests
+
In its early years it appointed Compton Fundraising Consultants. It subsequently moved to a staff and volunteer based model.
*Patrons make monthly contributions
+
 
 +
It has sought to develop large scale fundraising, including [[:Category:Lottery funding#National_Lottery_Heritage_Fund|lottery]] funding.  
 +
 
 +
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 visits to workshops to met staff and volunteer craftsmen.<ref>2013 Annual Report</ref>
 +
*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>
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*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
 
*It has the support of Corporate partners
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 +
In May 2016, the Trust secured a grant of £75,000 from the Department for Transport towards a project to adapt 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.
  
 
===Fundraising events===
 
===Fundraising events===
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*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>
 +
*The Charitable Trust took over the organisation of the annual [[Peep Behind the Scenes]] day for 2017.
 
*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>
 
*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===
 
===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 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.
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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.
  
===Current appeals===
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===Current appeals and restricted funding===
*It is applying to the HLF for funds to repair [[Falling Sands Viaduct]]
+
The Trust's website lists its current appeals (11 as at 2021) and the annual report and accounts details funds restricted by the donor to particular items or projects (19 as at 2019).
*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]]. {{As of|2017|11}} £83,000 has now 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]], [[BR Class 11 12099]] and 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]]. 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]].
*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.
+
Some of these vehicles were donated to the Trust by [[List of preservation groups|preservation groups]], including the following.  
*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>[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]].
+
*[[Hinton Manor Fund]] (ownership of [[GWR 7819 Hinton Manor]])
 +
*[[Kidderminster Shunter Fund]] (ownership of [[BR Class 11 12099]])
 +
*L.M.S. & B.R. Coach Fund transferred ownership of its carriages to the Charitable Trust in 2007, following which it became a department within the 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. 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.
  
 
==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]]
[[L.M.S. & B.R. Coach Department Sales Coach|L.M.S. & B.R. Coach Department]] - a department of the Trust<br>
+
*[[L.M.S. & B.R. Coach Department Sales Coach|L.M.S. & B.R. Coach Department]] - a department of the Trust
[[The LNER Carriage Group]] - part of the Trust<br>
+
*[[The LNER Carriage Group]] - part of the Trust
[[Friends of 4930 Hagley Hall]] - integrated into the trust to maximise income through Gift Aid<br>
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*[[Friends of 4930 Hagley Hall]] - integrated into the trust to maximise income through Gift Aid
[[Falling Sands Viaduct]]<br>
+
*[[Falling Sands Viaduct]]
[[The Engine House#Commemorative_Garden|Commemorative Garden]]<br>
+
*[[The Engine House#Commemorative_Garden|Commemorative Garden]]
[[Heritage Skills Training Academy]]<br>
+
*[[Heritage Skills Training Academy]]
List of [[Charities associated with the SVR]]
+
*List of [[Charities associated with the SVR]]
 +
*[[The Severn Valley Railway in preservation#Chairmen|Charitable Trust Chairmen]]
  
 
==References==
 
==References==

Latest revision as of 09:55, 14 March 2021

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.

It is a membership body. Governance is through up to nine trustees, including ex officio the chairman (or their nominee) from each of SVR(H) and Severn Valley Railway Company Limited. Its salaried director of development is Shelagh Paterson.

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 Charitable Trust was 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."[3]

The current (2019) Articles of Association state that:[4]

"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.[5]

Shareholding in SVRSevern Valley Railway(H)

The Trust is a minor 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. In 2019 the market value was £24,435.

Support

The Trust supports a variety of projects including rolling stock, infrastructure, permanent way, diesel, Bridgnorth development, education and access. Its annual report and accounts, available online from Companies House, lists the projects it has supported in the previous year and the amounts committed. Major projects include:

  • 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 £98,457 in 2019.
  • It secured an HLFHeritage Lottery Fund (National Lottery Heritage Fund from 2019) grant of £95,000 and contributed over £500,000 to the overhaul of 4930 Hagley Hall
  • At Falling Sands Viaduct it raised £1.25m for major repairs, completed in 2021.
  • Applications for the Fight Back Fund for which the SVRSevern Valley Railway received £250,000 grant from The National Lottery Heritage Emergency Fund and £906,000 from the Culture Recovery Fund.[6][7]

In October 2017 the Trust announced it was establishing an In Memory Garden for SVRSevern Valley Railway supporters, close to The Engine House.

Charitable expenditure

The report and accounts and Charity Commission website record expenditure on charitable activities by year. An incomplete record follows:

Financial year ending Amount Notes
2016 £166,770
2017 £436,890
2018 £382,580
2019 £695,990

Fundraising

The Trust receives funds from single donations and regular giving, grant making bodies, companies and groups and gifts in Wills.

In its early years it appointed Compton Fundraising Consultants. It subsequently moved to a staff and volunteer based model.

It has sought to develop large scale fundraising, including lottery funding.

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 visits to workshops to met staff and volunteer craftsmen.[8]

  • 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

In May 2016, the Trust secured a grant of £75,000 from the Department for Transport towards a project to adapt 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.

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

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 and restricted funding

The Trust's website lists its current appeals (11 as at 2021) and the annual report and accounts details funds restricted by the donor to particular items or projects (19 as at 2019).

Rolling stock

The Charitable Trust owns GWR 7819 Hinton Manor, BR Class 11 12099 and a number of carriages and goods wagons. A full list of all the rolling stock owned by the Trust can be found here.

Some of these vehicles were donated to the Trust by preservation groups, including the following.

See also

References

  1. Companies House
  2. SVRSevern Valley Railway News 178
  3. Statement from Director of Development, November 2016 on SVR Live
  4. Companies House
  5. www.heritagetrustnetwork.org.uk
  6. Smith, R., 'Severn Valley Railway receives £250,000 funding boost ahead of reopening', Shropshire Star, 15 July 2020 (Retrieved 15 July 2020)
  7. Department for Digital, Culture, Media & Sport (Retrieved 9 October 2020)
  8. 2013 Annual Report
  9. 9.0 9.1 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

Links

Charitable Trust website
SVRLive page