Difference between revisions of "The Erlestoke Manor Fund"
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The Erlestoke Manor Fund was founded in 1973 and owns [[GWR 7802 Bradley Manor]] and [[GWR 7812 Erlestoke Manor]]. The Fund's prime objective is ''To keep both 7802 Bradley Manor and 7812 Erlestoke Manor in full working order, to the highest standard, in an authentic livery, to run on a preserved railway (Severn Valley Railway) for as long as practically possible.''<ref>[http://www.erlestokemanorfund.co.uk/about-us/our-goals/ EMF Web site 'Our Goals and Objectives' page]</ref> | The Erlestoke Manor Fund was founded in 1973 and owns [[GWR 7802 Bradley Manor]] and [[GWR 7812 Erlestoke Manor]]. The Fund's prime objective is ''To keep both 7802 Bradley Manor and 7812 Erlestoke Manor in full working order, to the highest standard, in an authentic livery, to run on a preserved railway (Severn Valley Railway) for as long as practically possible.''<ref>[http://www.erlestokemanorfund.co.uk/about-us/our-goals/ EMF Web site 'Our Goals and Objectives' page]</ref> | ||
| − | + | The Fund publishes half-yearly newsletters and arranges shareholders’ events, including driving experience and special trains. | |
The [[The Erlestoke Manor Fund sales coach|Erlestoke Manor Fund Sales Coach]] is situated adjacent to the buffet and car park at [[Bewdley]] and located in BR General Utility Van [[BR 86105 General Utility Van|GUV 86105]]. It is normally open at weekends during the operating season. | The [[The Erlestoke Manor Fund sales coach|Erlestoke Manor Fund Sales Coach]] is situated adjacent to the buffet and car park at [[Bewdley]] and located in BR General Utility Van [[BR 86105 General Utility Van|GUV 86105]]. It is normally open at weekends during the operating season. | ||
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| + | ==Structure== | ||
| + | ===1973-2018=== | ||
| + | The Fund was an unincorporated body, constituted with a Management Committee as Trustees of the Fund and the Fund's locomotives and assets. Membership was conferred on those subscribing the minimum holding of non-transferable shares, entitling the member to part-ownership of the Fund's locomotives. | ||
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| + | ===Charitable community benefit society from 2018=== | ||
| + | On 10 May 2018 the Fund became a charitable community benefit society, registered (no. 7765) on the Mutuals Public Register of the Financial Conduct Authority (FCA) under the Co-operative and Community Benefit Societies Act 2014.<ref>[https://mutuals.fsa.gov.uk/SocietyDetails.aspx?Number=7765&Suffix=CBS Mutuals Public Register of the Financial Conduct Authority] (Retrieved 10 November 2018)</ref> It has a bespoke constitution agreed with the FCA, a corporate structure to limit the liability of trustees and members, but one that reflects the constitution, is tax efficient and still allows members to continue as shareholders.<ref>[https://www.svrlive.com/epnovember18 Express Points November 2018]</ref> | ||
== See also == | == See also == | ||
Revision as of 11:41, 10 November 2018
The Erlestoke Manor Fund was founded in 1973 and owns GWR 7802 Bradley Manor and GWR 7812 Erlestoke Manor. The Fund's prime objective is To keep both 7802 Bradley Manor and 7812 Erlestoke Manor in full working order, to the highest standard, in an authentic livery, to run on a preserved railway (Severn Valley Railway) for as long as practically possible.[1]
The Fund publishes half-yearly newsletters and arranges shareholders’ events, including driving experience and special trains.
The Erlestoke Manor Fund Sales Coach is situated adjacent to the buffet and car park at Bewdley and located in BRBritish Rail or British Railways General Utility Van GUV 86105. It is normally open at weekends during the operating season.
Structure
1973-2018
The Fund was an unincorporated body, constituted with a Management Committee as Trustees of the Fund and the Fund's locomotives and assets. Membership was conferred on those subscribing the minimum holding of non-transferable shares, entitling the member to part-ownership of the Fund's locomotives.
Charitable community benefit society from 2018
On 10 May 2018 the Fund became a charitable community benefit society, registered (no. 7765) on the Mutuals Public Register of the Financial Conduct Authority (FCA) under the Co-operative and Community Benefit Societies Act 2014.[2] It has a bespoke constitution agreed with the FCA, a corporate structure to limit the liability of trustees and members, but one that reflects the constitution, is tax efficient and still allows members to continue as shareholders.[3]
See also
List of preservation groups
Charities associated with the SVR
Rolling stock owned by The Erlestoke Manor Fund
Shops and sales coaches on the SVR
References
- ↑ EMF Web site 'Our Goals and Objectives' page
- ↑ Mutuals Public Register of the Financial Conduct Authority (Retrieved 10 November 2018)
- ↑ Express Points November 2018
