The Waterman Railway Heritage Trust (‘The Trust’) owns [[GWR 5600 class 6634]], which arrived at the SVR for restoration in 2009, and left in an incomplete state in 2017 to move to Peak Rail. Work on this locomotive stalled in 2012 after the boiler tubeplate was stolen from Crewe Heritage Centre, where boiler work was being carried out.
The Trust is an unincorporated Registered Charity No. 1039409. Its aim is the “preservation of historic railway engines, carriages and ancillary items, education of the general public as to the historical significance of preserved railways through the promotion of actual rolling stock and scale models.”
==Dr Pete Waterman==Its Trustees include Dr Pete Waterman OBE DL.<ref>[http://apps.charitycommission.gov.uk/Showcharity/RegisterOfCharities/CharityWithoutPartB.aspx?RegisteredCharityNumber=1039409&SubsidiaryNumber=0 The Charity Commission]</ref> In 2016 Dr Waterman became a vice-president of the Transport Trust, a UK charity dedicated to the preservation of the nation's transport heritage.<ref>[http://www.transportengineer.org.uk/transport-engineer-news/pete-waterman-steams-into-transport-trust/149911/ The Transport Engineer 9 January 2017] (Retrieved 2 February 2017)</ref> In 2018 he became President of Peak Rail plc.<ref>Steam Railway Magazine, 27 April 2018</ref> Dr Waterman auctioned around a tenth of his collection of railway models in April 2015 for more than £600,000, in order to “raise enough money to secure the future of the Waterman Railway Heritage Trust.”<ref>[http://www.bbc.co.uk/news/uk-england-coventry-warwickshire-32331602 BBC 16 April 2015]</ref>
Income ==Locomotives==In addition to 6634, the Trust in its annual returns in the years ending March 2015Trust’s other assets include GWR 4575 Class 2-6-19 was £16,825 2T No. 5553 and spending £410,105GWR 5205 Class 2-8-0T No. 5224.Peak Rail’s Press Release in May 2015 announced: “Dr Pete Waterman OBE DL is delighted to announce that he has reached an agreement with Peak Rail to base his Waterman Railway Heritage Trust assets at its Rowsley site”<ref>[httphttps://betawww.charitycommissionfacebook.com/PeakRail/posts/807125802712140 Peak Rail Press Release 12 May 2015]</ref> Both of these locomotives moved in that year from Crewe Heritage Centre to be overhauled<ref>[https://en.govwikipedia.ukorg/charity-detailswiki/?regid=1039409&subid=0 The Charity CommissionPeak_Rail#Steam_locomotives Peak Rail Wikipedia]</ref> .
===Former locomotive===In 2016 the Trust sold the unrestored 7027 Thornbury Castle.<ref>[http://www.railwaymagazine.co.uk/castle-no-7027-thornbury-castle-sold-and-to-be-restored-for-mainline/ Railway Magazine 1 August 2016]</ref>.
The Trust’s other assets include GWR 4575 Class 2-6-2T No===Financial settlement with the SVR===Work on locomotive 6634 stalled in 2012 after the boiler tubeplate was stolen from Crewe Heritage Centre, where boiler work was being carried out. 5553 By 2014 the SVR reported that there was no progress or commitment on the boiler and GWR 5205 Class 2-8-0T Nothe SVR was seeking legal advice concerning the continued lack of progress in order to resolve this long running problem. 5224<ref>[https://enwww.wikipediasvrlive.orgcom/wikiPages/Peak_Rail#Undergoing_overhaul Peak Rail WikipediaNews0214.aspx SVRLive News update 19 February 2014]</ref> and substantial amounts of railway models. Peak Rail’s Press Release in May 2015 announced: “Dr Pete Waterman OBE DL is delighted to announce that he has reached an agreement with Peak Rail to base his Waterman Railway Heritage Trust assets at its Rowsley site”<ref>[https://www.facebooksvrlive.com/PeakRailPages/postsnews0814.aspx SVRLive News update 4 July 2014]</807125802712140 Peak Rail Press Release 12 May 2015ref> The 2017 [[SVR(H)]]accounts included a £65k settlement from the Trust<ref>Minutes of the SVR(H) AGM held on 16 June 2018, Para. 4</ref>. Both ==Railway models==It also owns substantial amounts of railway models. It was reported that Dr Waterman auctioned around a tenth of his [sic] collection of these locomotives moved railway models in April 2015 from Crewe for more than £600,000, in order to “raise enough money to secure the future of the Waterman Railway Heritage Centre to be overhauledTrust”.<ref>[httpshttp://enwww.bbc.wikipediaco.orguk/wikinews/Peak_Rail#Undergoing_overhaul Peak Rail Wikipediauk-england-coventry-warwickshire-32331602 BBC 16 April 2015]</ref> From December 2016 it Subsequently, income to the Trust in its annual returns in the years ending March 2015-20 was reported on National Preservation that work is being undertaken on both locomotives£40,203 and spending £570,253.<ref>[httpshttp://wwwbeta.charitycommission.national-preservationgov.com/threadsuk/peak-rail-update-of-whatscharity-occuring.21492details/page-87#post-1683115 National Preservation?regid=1039409&subid=0 The Charity Commission]</ref>
==See also==
[[List of preservation groups|Preservation groups formerly associated with the SVR]]
==References==
