Finance Score: 0

Governance Score: 0

Support Score: 6

Strong growth: +2
Multiple Deficits: -2
No PartB

Good trustee age range: +3
All male board: -3

Large volunteers +3
Grant maker support: +3

Overall GiG Score: 6

THE 2874 TRUST LIMITED

Raising awareness of our current project, promoting membership of the charity and raising funds - the project being to progress the restoration of a unique, 1918 built Great Western heavy freight steam locomotive

Analysis by Giving is Great

Positives:

This charity has been successful in attracting volunteers relative to its size
There has been strong growth in spending over the last 5 years
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of age

Regulatory & Governance issues to consider:

The Board is completely male

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data
On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23	£39	£53	£-14	n/a	n/a	n/a	n/a	n/a	29
31/03/22	£28	£27	£1	n/a	n/a	n/a	n/a	n/a	30
31/03/21	£60	£42	£18	n/a	n/a	n/a	n/a	n/a	29
31/03/20	£32	£48	£-16	n/a	n/a	n/a	n/a	n/a	20
31/03/19	£43	£10	£33	n/a	n/a	n/a	n/a	n/a	15
31/03/18	£7	£7	£-1	£0	£0	£0	n/a	0	0
31/03/17	£6	£7	£0	£0	£0	£0	n/a	0	0

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Download accounts

Highest pay bracket: less than £60,000

Established: 8 years

www.2874trust.org

Enquiries@2874trust.org

07790873421

Charity Commission for England and Wales

Listed activities

Education/Training

GiG Classification

Poverty relief

How it operates

Other charitable activities

Where it operates

Gloucestershire, Somerset,

Who it helps

The General Public/Mankind

Who works here?

Unknown number of employees
29 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

Garfield Weston Foundation	£5,000
The Pilgrim Trust	£4,500
National Lottery Heritage Fund	£3,000

Specific Donations

Amount	When Months	To be used for
National Lottery Heritage Fund - Grant to The 2874 Trust Ltd
£3,000	03/08/2020	COVID19:The 2874 Trust Ltd
Garfield Weston Foundation - Main Grants award
£5,000	22/11/2019	Heritage Mechanical Engineering, restoration projects paving the way for skills training and development in the voluntary sector
The Pilgrim Trust - Grant to The 2874 Trust
£4,500	22/10/2019 14	Heritage Mechanical Engineering, restoration projects paving the way for skills training and development in the voluntary sector
National Lottery Heritage Fund - Grant to The 2874 Trust Ltd
£57,400	14/11/2018	Heritage Engineering, skill and expertise building through practical work projects on historic steam locomotives

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)

Current Trustees appointed

Gender Split

Based on 7/8 persons

Age Range of Trustees: 29-78

TRACY HALLETT Appointed: 2022, Occupation: Pyrotechnicician

BRIGADIER IAN RICHARD DUFF SHAPTER OBE, DL Appointed: 2014

DAVID HAROLD FOSTER Appointed: 2014, Occupation: Director

DAVID MICHAEL HOLMES Appointed: 2014, Occupation: Writer/Poet

DANIEL JAMES WIGG Appointed: 2020, Occupation: Graduate Engineer

JOHN ALEXANDER SAMPSON Appointed: 2014, Occupation: Retired Accountant, Other trusteeship: UPTON COMMUNITY CARE,

KEITH NEIL GEORGE SMITH Appointed: 2018, Occupation: Civil And Traffic Engineer

IVAN MARTIN GINGER Appointed: 2019, Occupation: Retired, Other trusteeship: THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW, STAPLEFORD,

Legal constitution

Charitable company registered in England & Wales on 30/03/2016, number: 1166258
Registered at Companies House on 28/08/2014, number: 09190414

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

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
Risk management
Safeguarding policy and procedures
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

7 returns made; all on time

Main office

22 SOUTH PARK
MINEHEAD
TA24 8AL

Objectives

1. TO ACQUIRE, RESTORE, PRESERVE, DISPLAY, OPERATE AND MAINTAIN EITHER DIRECTLY OR BY LENDING OUT HERITAGE RAILWAY LOCOMOTIVES, TENDERS, COACHES, WAGONS AND ALL MANNER OF RAILWAY ARTEFACTS AND IN PARTICULAR, BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING, THE EXPRESS STEAM HEAVY FREIGHT LOCOMOTIVE NUMBER 2874.2. TO PROVIDE ARRANGEMENTS FOR THE EDUCATION, TRAINING AND CERTIFICATION OF INDIVIDUALS IN THE PRACTICALITIES, TECHNIQUES AND METHODS USED IN THE OBJECTS DESCRIBED AT PARAGRAPH 4(1).3. TO USE THE CHARITY'S PROPERTY TO PROMOTE PUBLIC KNOWLEDGE, APPRECIATION AND UNDERSTANDING OF THE HISTORICAL, SCIENTIFIC AND CULTURAL ASPECTS OF THE CHARITY'S PROPERTY, WITH PARTICULAR REGARD TO ITS HISTORICAL SIGNIFICANCE, FOR THE BENEFIT OF THE PUBLIC.

Data Sources