Y7 LOCOMOTIVE TRUST

Registered charity 1127396 · accounts filings on the Charity Commission register

To preserve, restore, display, operate and maintain the London & North Eastern Railway Company class Y7 locomotive number 985.

Objects

3.1 TO PRESERVE AND DISPLAY AND TO RESTORE, USE AND MAINTAIN THE ARTEFACTCOMPRISING THE TRUST PROPERTY BEING A STEAM LOCOMOTIVE LNER CLASS Y7NUMBER 985 BRITISH RAILWAYS NUMBER 68088 BUILT BY THE FORMER LONDON &NORTH EASTERN RAILWAY COMPANY IN 1923 TO A DESIGN OF 1888 OF THE FORMERNORTH EASTERN RAILWAY COMPANY AND TO USE AND DISPLAY THE SAME TO ADVANCETHE EDUCATION OF THE PUBLIC AT THE NORTH NORFOLK RAILWAY, SHERINGHAM, NORFOLKAND AT OTHER SUITABLE LOCATIONS AND TO USE AND DISPLAY THE SAME TO ADVANCE THEEDUCATION OF THE PUBLIC AT SHERINGHAM, NORFOLK AND AT OTHER SUITABLE 'LOCATIONSSUBJECT TO SUCH LOCATIONS BEING IN THE OPINION OF THE TRUSTEES SUITABLE FOR AND OR DISPLAY OF THE PROPERTY3.2 TO USE THE PROPERTY TO PROMOTE PUBLIC KNOWLEDGE APPRECIATION ANDUNDERSTANDING OF THE HISTORICAL, EDUCATIONAL, SCIENTIFIC AND CULTURAL ASPECTS OFTHE TRUST PROPERTY WITH PARTICULAR REGARD TO THE AGE OF THE ARTEFACT AND ITSHISTORICAL SIGNIFICANCE FOR THE BENEFIT OF THE PUBLIC.3.3 IN THIS DOCUMENT THE WORDS "RESTORE" AND "PRESERVE'' SHALL HAVE THE MEANINGSASCRIBED TO THEM IN "STANDARDS IN THE MUSEUM CARE OF LARGER AND WORKINGOBJECTS" APPENDIX C PARAGRAPH 3 1994 PUBLISHED BY THE MUSEUMS ANDGALLERIES COMMISSION

Area of benefit: NORFOLK

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Get email alerts

Latest income
£25k
Latest spending
£35k
Registered
2009
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the Trust incurred a net expenditure of £9,988 for the year, reducing unrestricted reserves from £36,552 to £26,564. The Trustees confirm that resources are adequate to continue as a going concern, with no material uncertainties identified regarding the Trust's ability to operate.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Norfolk · Suffolk

Income and spending

Financial year endIncomeSpending
28/02/2025£25k£35k
29/02/2024£46k£45k
28/02/2023£24k£13k
28/02/2022£16k£7k
28/02/2021£11k£79

Common questions

Is Y7 LOCOMOTIVE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the Trust incurred a net expenditure of £9,988 for the year, reducing unrestricted reserves from £36,552 to £26,564. The Trustees confirm that resources are adequate to continue as a going concern, with no material uncertainties identified regarding the Trust's ability to operate. Its FY2025 accounts were independently examined.