BR CLASS 8 STEAM LOCOMOTIVE TRUST
The Trust will overhaul and operate the locomotive (71000 Duke of Gloucester) as closely as possible to its original condition, but accounting for modern demands. The overhaul of the locomotive has continued through the year. Tyseley Locomotive Works continues to employ an apprentice to focus on the locomotive.
Objects
TO ADVANCE PUBLIC EDUCATION AND PARTICULARLY SCIENTIFIC LEARNING AND SKILLS DEVELOPMENT BY THE ACQUISITION, RESTORATION, PRESERVATION, EXHIBITION AND OPERATION OF SUCH BRITISH RAILWAYS STEAM LOCOMOTIVES, ROLLING STOCK, EQUIPMENT AND ARTEFACTS, RELICS, DOCUMENTS AND RECORDS OF HISTORIC AND SCIENTIFIC INTEREST AS THE TRUSTEES MAY FROM TIME TO TIME DECIDE.
Financial health, per its FY2024 accounts
The accounts state that the charity's primary income comes from associate membership donations, totaling £117,965 in 2024. The trustees report that bank balances of £27,715, combined with projected income, are sufficient to meet the charity's objectives and cover periods where expenditure exceeds income.
What the accounts disclose
“The trust’s primary continuing source of income is associate membership donations (primarily by monthly payment). In 2024 the Trust’s income from associate members and members of the public was £117,965.”
“We hold reserves as our budgeting and reviews tell us there will be periods when expenditure exceeds our income, and we hold a reserve to cover these periods.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Register events
- Received assets from another charity (09/04/2015)
Trustees
- Adrian Peter Stockall
- Andrew Bailey
- Antony Robert Watson
- Mr Steve Wakeland
- Phil Sanderson
- Simon Michael Davies
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £124k | £201k |
| 31/12/2023 | £120k | £148k |
| 31/12/2022 | £114k | £154k |
| 31/12/2021 | £147k | £146k |
| 31/12/2020 | £118k | £139k |
Common questions
Is BR CLASS 8 STEAM LOCOMOTIVE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity's primary income comes from associate membership donations, totaling £117,965 in 2024. The trustees report that bank balances of £27,715, combined with projected income, are sufficient to meet the charity's objectives and cover periods where expenditure exceeds income. Its FY2024 accounts were independently examined.