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Severn Valley Railway Charitable Trust Ltd

1,165 bytes added, 12:10, 29 September 2018
Shareholding added
*''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''"
In mid-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'':
==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>
*Income from its endowment Future Fund will allow sustainable investment on the Railway in the years to come. Donations to the Future Fund were matched, pound for pound, by a Heritage Lottery Fund grant of up to £500,000 which was reached on 26 May 2017. It has aspirations to grow the Fund to £10 million.<ref>SVRLive Charitable Trust page, 26 April 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]].
===Current appealsShareholding===*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 is a [[Diesel Depot Severn Valley Railway (Holdings) PLC#Notable_shareholdings|Kidderminster Diesel Depotshareholder in SVR(H)]] which opened in June 2016.<ref>[http://svrtrust.org.uk/download/get/diesel-appeal-leaflet/107.html Diesel Leaflet]</ref> {{As by way of|2017|7}} donations have reached £6,430donated or bequeathed shares.*The Charitable Trust is supporting In the SVR’s ambitious [[Bridgnorth#Bridgnorth_Development_Project|Bridgnorth Development Project]]. {{As 2012 Share Offer existing shareholders with small numbers of|2017|11}} £83,000 has now been received for the project, including £18,000 that has been restricted shares who did not want to increase their holding were invited to donate their shares to restoring the [[Bridgnorth Turntable|Bristol Bath Road turntable]] at the station.<ref>[https://wwwTrust.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]] .
*It supported the reinstating of the [[Eardington#The_platform|Eardington Station platform]] in January 2018
==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 Obersvation saloon to make conducted vists to workshops to met staff and volunteer craftsmen.<ref>2013 Annual Report</ref>*It appointed Compton Fundraising Conultants*In addition to gifts it seeks pledges or future bequests*Patrons make monthly contributions*It has te 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.(ref2014 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 Dolphi, to manage the investment. Donations to the Future Fund were matched, pound for pound, by a 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===
*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#Bridgnorth_Development_Project|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 [[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==
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