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Diesel Depot

63 bytes added, 15:36, 24 August 2020
SVRCT funding
==Funding==
The General Manager was quoted as saying the project value was £800,000.<ref>[http://www.kidderminstershuttle.co.uk/news/15004436.Coveted_heritage_railway_industry_award_for_Severn_Valley_Railway__39_s_diesel_depot/ 'Severn Valley Railway unveils £800,000 Kidderminster Diesel Depot', Kidderminster Shuttle, 21 May 2016] (Retrieved 18 July 2018)</ref> Funding was provided in part by a loan from HSBC to [[Severn Valley Railway (Holdings) PLC|SVR(H)]], the full loan amount of £372,000 was drawn down in October 2015 and was converted to a fifteen year fixed term loan on 11 March 2016.<ref name=SVR2018>SVR(H) Annual Report for the period ending 2 January 2018</ref> [[Severn Valley Railway Company Limited|The Guarantee Company]] subscribed £25,000 for this project and contributions were also made by [[Severn Valley Railway Charitable Trust Ltd|Charitable Trust]] (£37£67,600 in 20162015-16) and [[List of preservation groups|diesel preservation groups]].<ref>Minutes of the Severn Valley Railway Company Limited AGM 20 August 2016</ref><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> The SVR Diesel Shed webpage (archived) listed as at 2016 the following groups as involved in the project: The [[Diesel Traction Group]], The [[Class 50 Alliance Limited|Fifty Fund]], The [[Western Locomotive Association]], The [[Class 08 Society]], [[The DMU Group (West Midlands)|The SVR DMU Group]], [[Kidderminster Shunter Fund|12099]] and [[Somerset & Dorset Loco Company|Somerset Traction Ltd (D8188)]]. Other supporting companies listed were CADdata, GBRf, Locomaster Profiles, Strathwood Publications, Virgin Trains and Visions International.<ref name=Depotwebsite/>
==Facilities==
*AWS ramps - In April 2018 the railway obtained from Network Rail and Siemens two AWS ramps recovered from Birmingham New Street Resignalling (Phase 4/5), which were installed in Kidderminster Yard to test home fleet and visiting locomotive AWS systems before they leave for the main line.
 
The Charitable Trust made further grants in 2018 and 2019.
==Award==
Trustworthy, administrator
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