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Severn Valley Railway Charitable Trust Ltd

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Re-add Commemorative garden
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.  It is a membership body. Governance is through up to nine trustees, including ex officio the chairman (or their nominee) from each of [[SVR(H)]] and [[Severn Valley Railway Company Limited]]. Its salaried director of development is Shelagh Paterson. == 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 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 current (2019) 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> ===Shareholding in SVR(H)===The Trust is a [[Severn Valley Railway (Holdings) PLC#Notable_shareholdings|minor 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 supports a variety 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 to the Future Fund were matchedprojects including rolling stock, pound for poundinfrastructure, by a Heritage Lottery Fund grant of up to £500permanent way,000 which was reached on 26 May 2017. It has aspirations to grow the Fund to £10 million.<ref>SVRLive Charitable Trust pagediesel, 26 April 2017</ref>*In May 2016Bridgnorth development, the Trust secured a grant of £75education and access. Its annual report and accounts,000 available online from Companies House, lists 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 projects it has supported in the SVR’s fleet of accessible carriages, previous year 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]]amounts committed. Major projects include:
===Current appeals===*It is appying to the HLF for funds to repair [[Falling Sands Viaduct]]*The Charitable Trust supports funds most of 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 costs of|2017|7}} donations have reached £6,430.*The Charitable Trust is supporting the SVR’s ambitious [[Bridgnorth#Bridgnorth_Development_Project|Bridgnorth Development ProjectHeritage Skills Training Academy]]and team of apprentices. {{As of|2017|11}} £83It costs £21,000 has now been received to fund an apprentice for one year, and the projectTrust funded £98, including £18,000 that has been restricted to restoring the [[Bridgnorth Turntable|Bristol Bath Road turntable]] at the station.<ref>[https://www.svrlive457 in 2019.com/svrct-bridgnorth-project 'Bridgnorth Project' page, 28 November 2017]</ref> ===Previous support===*It secured an HLF grant of £95,000 towards and contributed over £500,000 to the restoration overhaul of [[GWR 4930 Hagley Hall | 4930 Hagley Hall]] .*The Trust has worked closely with volunteers from the At [[The LNER Carriage Group | LNER Carriage GroupFalling Sands Viaduct]] to raise funds it raised £1.25m 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]]major repairs, [[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 completed in September 20162021.*It contributed to Applications for the annual track re-laying work that took place in 2016 between Eardington and Bridgnorth.*In January 2018 it raised £13,000 by appeal to repair [[Severn_Valley_Railway_Timeline_20102020 coronavirus disease (COVID-2019#2017 19) pandemic| damage caused by vandalsFight Back Fund]] 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 which the SVR received £250,000 grant from The [[The LNER Carriage Group :Category:Lottery funding#National_Lottery_Heritage_Fund| LNER Carriage GroupNational Lottery Heritage Emergency Fund]] and raised over £7 £906,275000 from the Culture Recovery Fund.<ref>SVRLive [https://www.shropshirestar.com/entertainment/attractions/2020/07/15/severn-valley-railway-receives-250000-funding-boost-ahead-of-reopening/ Smith, R., 'GWR Toad van 17410Severn Valley Railway receives £250,000 funding boost ahead of reopening' page, 7 Shropshire Star, 15 July 2020] (Retrieved 15 July 20172020)</ref>*The Trust funded the overhaul of [[GWR 9615 Kitchen Diner First]] from 2018.<ref>[https://svrtrustwww.orggov.uk/downloadsgovernment/Platform%202018%20web%20versionnews/445-heritage-organisations-saved-1.pdf 'Platform' magazineby-103-million-investment-from-government Department for Digital, 2018 Issue 4Culture, p.6Media & Sport](Retrieved 9 October 2020)</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 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]]. ===Charitable expenditure===The report and accounts and [https://register-of-charities.charitycommission.gov.uk/charity-search/-/charity-details/3988604/financial-history Charity Commission website] record expenditure on charitable activities by year. An incomplete record follows: {| class="wikitable"| <b> Financial year ending</b> || style="text-align:right;" | <b>Amount</b> || <b>Notes</b>|-| 2016|| style="text-align:right;" | £166,770 || |-| 2017 || style="text-align:right;" | £436,890 || |-| 2018 || style="text-align:right;" | £382,580 || |-| 2019 || style="text-align:right;" | £695,990 || |-|} ==Fundraising==The Trust receives funds from single donations and regular giving, grant making bodies, companies and groups and gifts in Wills. In its early years it 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 visits to workshops to met staff and volunteer craftsmen.<ref>2013 Annual Report</ref>*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===
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.
*14 June 2017: Charity Race Day at Worcester Racecourse raising £23,000.<ref>SVR Twitter 15 June 2017</ref>
*11 June 2018: Annual Charity Race Day at Worcester Racecourse raising £13,000.<ref>[https://www.svrlive.com/epjuly18 'Express Points', July 2018]</ref>
===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 took over page, 26 April 2017</ref> It appointed professional investment managers, Brewin Dolphin, to manage the organisation of investment. Donations to the annual Future Fund were matched, pound for pound, by a [[Peep Behind the Scenes:Category:Lottery funding#National_Lottery_Heritage_Fund|Heritage Lottery Fund]] day for 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 and restricted funding===The Trust's website lists its current appeals (11 as at 2021) and the annual report and accounts details funds restricted by the donor to particular items or projects (19 as at 2019).
==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==
*[[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]]<br>*[[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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