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Severn Valley Railway Charitable Trust Ltd

343 bytes removed, 11:01, 13 March 2021
Tidy up part 1
*''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 (20172019) 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 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 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 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)===
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. In 2019 the market value was £24,435.
==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>
*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.
===Previous support===
*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>.
*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]].
==Fundraising==
The Trust receives funds from donations and regular giving, grant making bodies, companies and groups and gifts in Wills. In its early years appointed Compton Fundraising Consultants. It subsequently moved to a staff and volunteer based model. 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 vists visits 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
 
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===
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 appealsand restricted funding===*The Trust supports the diesel groups' appeal seeking to improve facilities s website lists its current appeals (11 as at 2021) and 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 annual report and accounts details restricted to restoring the [[Bridgnorth Turntable|Bristol Bath Road turntable]] funds (19 as at the station.<ref>[https://www.svrlive2019).com/svrct-bridgnorth-project 'Bridgnorth Project' page, 28 November 2017]</ref>
==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]]: *Some . A full list of these carriages were formerly all the rolling stock 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 can be found [[:Category:Rolling stock owned by The LNER (SVR) Coach Fund Charitable Trust | the LNER (SVR) Coach Fundhere]] 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 Some of their LNER carriages these vehicles were donated 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 [[List of the many preservation groups inevitably age and their numbers dwindle|preservation groups]], items of rolling stock can be donated to including the Charitable Trust, in order to be absolutely certain they will remain at the Railway for the long-termfollowing.''"<ref>[https://www.svrlive.com/charitable-trust Statement from Director of Development, November 2016 on SVR Live]</ref>
A full list *[[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 all its carriages to the rolling stock owned by Charitable Trust in 2007, following which it became a department within the Trust can be found . The department maintains a [[L.M.S. & B.R. Coach Department Sales Coach | sales coach]] at [[Bridgnorth]].*Three carriages were also acquired from [[:Category:Rolling stock owned by 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| hereLNER (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==
Trustworthy, administrator
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