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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", 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.  == 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==
*The Charitable Trust funds most of the costs of the SVR’s [[Heritage Skills Training Academy ]] and team of apprentices.*Income from its endowment Future Fund will allow sustainable investment on the Railway in the years to come. Donations It costs £21,000 to fund an apprentice for one year, and the Future Fund were matchedTrust funded £165, pound for pound, by a Heritage Lottery Fund grant of up to £500125 in 2017 (2016: £35,000 which was reached on 26 May 2017. It has aspirations to grow the Fund to £10 million).<ref>SVRLive [http://apps.charitycommission.gov.uk/Accounts/Ends23/0001092723_AC_20170630_E_C.PDF SVR Charitable Trust page, 26 April Report and Financial Statements 30 June 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
*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 [[The Engine House#Commemorative_Garden|In Memory Garden]] for SVR supporters, close to [[The Engine House]].
 
===Shareholding===
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.
===Current appeals===
*It is appying to the HLF for funds to repair [[Falling Sands Viaduct]]
*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.
*The Charitable Trust is supporting the SVR’s ambitious 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 Bristol Bath Road turntable at the station.<ref>[https://www.svrlive.com/svrct-bridgnorth-project 'Bridgnorth Project' page, 28 November 2017]</ref>
===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.
*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 over £10£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]]. By 2017 donations reached £7and raised around £10,275000*The Trust funded the overhaul of [[GWR 9615 Kitchen Diner First]] from 2018.<ref>SVRLive [https://svrtrust.org.uk/downloads/Platform%202018%20web%20version-1.pdf 'GWR Toad van 17410Platform' pagemagazine, 7 July 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 2017to 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==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>*It appointed Compton Fundraising Consultants'*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 Racesraising £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>
*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.
 
===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.
 
===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==
==See also==
*[[The Severn Valley Railway in preservation#Current Organisation | The SVR Organisation]]<br>[[:Category:Rolling stock owned by The SVR Charitable Trust | List of rolling stock owned by The SVR Charitable Trust]]<br>List of [[Charities associated with the SVR]]<br>*[[L.M.S. & B.R. Coach Department Sales Coach|L.M.S. & B.R. Coach Department]] - a department of the Trust<br>*[[The LNER Carriage Group]] - part of the Trust<br>*[[Friends of 4930 Hagley Hall]] - integrated into the trust to maximise income through Gift Aid<br>*[[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==
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