REGISTERED COMPANY NUMBER: 00922300 …

1 REGISTERED COMPANY number : 00922300 ( england and Wales) REGISTERED charity number : 256047 Railway and canal historical society (A COMPANY Limited by Guarantee)Report of the Trustees andFinancial Statements for the Year Ended 31 December 2015M. J. Shapcott & Co. LimitedChartered AccountantsCharter House, Wyvern CourtStanier WayDerbyDE21 6 BFRailway and canal historical society (A COMPANY Limited by Guarantee)Contents of the Financial Statementsfor the Year Ended 31 December 2015 PageReport of the Trustees1 to 6 Independent Examiner's Report7 Statement of Financial Activities8 Balance Sheet9 to 10 Notes to the Financial Statements11 to 15 Detailed Statement of Financial Activities16 Railway and canal historical society (A COMPANY Limited by Guarantee)Report of the Trusteesfor the Year Ended 31 December 2015 Thetrusteeswhoarealsodirectorsofthechari tyforthepurposesoftheCompaniesAct2006,pr esenttheirreport ofthe Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March AND ADMINISTRATIVE DETAILSR egistered COMPANY number00922300 ( england and Wales)

2 REGISTERED charity number256047 REGISTERED officeCharter HouseWyvern Court, Stanier WayWyvern Business ParkDerbyDerbyshireDE21 6 BFTrusteesDr N M L Barnes - resigned 8 September 2015J Boughey - resigned 19 May 2015G J BiddleG A BoyesP J BrownR J DeanC P DickT F EdmondsDr J V GoughG LeachDr M J T LewisI P MossP L ScowcroftS RowsonA RichardsonM SearleD B Slater - died 26 December 2015R M ShillR J TaylorR O WeltonG H WildDr W J Freer - appointed 2 May 2015M J Messenger - appointed 2 May 2015 COMPANY SecretaryM SearleIndependent examinerK F Shapcott ACAI nstitute of Chartered Accountants in england and WalesM. J. Shapcott & Co. LimitedChartered AccountantsCharter House, Wyvern CourtStanier WayDerbyDE21 6 BFPage 1 Railway and canal historical society (A COMPANY Limited by Guarantee)Report of the Trusteesfor the Year Ended 31 December 2015 REFERENCE AND ADMINISTRATIVE DETAILSP residentGraham H Wild STRUCTURE, GOVERNANCE AND MANAGEMENTG overning documentTheSocietyisacompanylimitedbygua rantee,asdefinedbytheCompaniesAct2006,wi theverymember undertakingtoguaranteetheliabilitiesinth eeventoftheSocietybeingwoundupwithsuchan amountasmayberequiredbut notexceeding 21 October ,Vice-Presidents,HonSecretary,HonTreasur erandnotfewerthansixnor morethantwelvemembersofCouncilwhoareelec tedattheAnnualGeneralMeeting,togetherwit honerepresentative ofeach Branch.

3 All the Trustees constitute directors for Companies Act purposes. Recruitment and training of new trusteesThetrusteesareelectedandappointe dattheCharity' whenvacancies ,inpracticeitisfoundthatityieldsasuitabl ebalanceofprofessional andmanagerial ,notesofguidance onthe society 's organisation and a copy of the charity Commission booklet Responsibilities of charity Trustees. Organisational structureThe society 's affairs are conducted by the Council which comprises all the ,HonSecretary, theSociety. Other ad hoc committees may be established when thought wasadopted during the , weekend,hostedbytheEastMidlandGroup, theyear in its usual style despite the editor's battles with ageing computer , whennecessary. Related partiesApartfromreimbursementofout-of-po cketexpensestotrustees(note4)therewereno relatedpartytransactions duringthe year. Risk managementTheSocietyhasidentifiedthreear easofrisktoitscontinuedactivityandtheseh avebeenmajortopicsofdiscussion atits business are:1.

4 Overall age profile of Lack of members volunteering for administrative Obsolescence of its website. Page 2 Railway and canal historical society (A COMPANY Limited by Guarantee)Report of the Trusteesfor the Year Ended 31 December 2015 OBJECTIVES AND ACTIVITIESO bjectives and aimsObjects as set out in the governing documentTopromote,encourageandco-ordinat ethestudyofthehistoryofrailways,canalsan dothertransport,andto implementthese objects by the following means:-Todisseminatehistoricalinformatio namongthemembersandgeneralpublicbymeetin gs,intercourse, discussion,correspondence, circulation of notes and papers, and visits to objects and places of ;toactasachannelofcommunicationbetweenth ose whoare engaged on similar lines of research or study; to indicate and record where information is to be ,orcausetobepreserved,biographicalmatter concerningthosewhohavecontributed torailway, canal and transport ,canalandtransporthistoryandtopublish suchpapers, together with biographical notices, reports on the activities of the Association, and other relevant ,suchasreprintsofbooks,articlesetc,ofrai lway,canalandtransport historicalinterest, or of other matter contributing to the aims and objects of the ,andtocooperateforcommonobjectsas theCouncil shall see fit with any other society or Association established for educational or charitable principal aims-Toencourageandassistqualityresearch intotransporthistory,withspecialreferenc etoBritishrailways andwaterways, and the publication of such research.

5 - To organise conferences, speaker meetings and visits to places of kindredorganisations. Page 3 Railway and canal historical society (A COMPANY Limited by Guarantee)Report of the Trusteesfor the Year Ended 31 December 2015 ACHIEVEMENT AND PERFORMANCEC haritable activitiesTheSociety'smainobjectsaretopr omotehistoricalresearchintheareaoftransp orthistoryandtoraisethestandard ofpublished history in the public interest. The following activities have been undertaken towards these ,underitsneweditor,withawiderangeofartic lesincludinga seriesbyJohnvanLaunanalysingJohnCookeBou rne'sdrawingsoftheLondon& alsocarried83fullreviews(80in2014)and19b riefnotes(29in2014).Ofthefullreviews,62b ookswereonrailways, 14waterways,3roadtransport,1maritime,1ai r, transporthistory was published as a 'sCrossingtheRiver:FordsandFerriesofthe UpperSevernwaslaunchedataspecialeventinM archhostedbytheIronbridgeGorgeMuseumwher e,toafullhouse, HowRailwaysChangedBritain:anewSocialandE conomicHistorywaslaunchedontheeveningoft heTransportBook ofthe Year awards.

6 This book was conceived and edited by David St John Thomas and is dedicated to his StJohnThomasCupwasthewinneroftheRailwayc ategory,TheRailwaysofCarnforththeTownand itsIronworks withthese annual 'snomineetotheCanal&RiverTrustattendedtw oCouncilmeetingsandthreemeetings ofthe Heritage Advisory GroupsTheSociety' EastMidlandsGroupheldaprogrammeofeightwe ll-attendedeveninglecturemeetingsatBeest onLibrary,four nominationsfor additional committee canal ,GrahamWild'sPresidentialAddress,LM SS choolofTransport,Derby,MarkEdwards,aRich mondboatbuilder, tellingtheGroupabouttheconstructionofGlo rianaforTheQueen'sDiamondJubilee,andaStA ndrew'sDaytalkby ,underitsnewlandlord,Keith,continuestobe 'sBeechesRailway SirWilliam McAlpine's library and museum at long-servingSecretary, Brian Slater, who had made generous provision for the Group's (165members),acontinuationof railtourinMarchtoSouthandWestYorkshire,t enexplorerwalksand,inDecember,the(nowtra ditional)NW 2015pre-ChristmasgettogetherwasintheWarr ingtonareainvolvingamorningwalklookingat someof Warrington' ofthe 4 Railway and canal historical society (A COMPANY Limited by Guarantee)Report of the Trusteesfor the Year Ended 31 December 2015 ACHIEVEMENT AND PERFORMANCEC haritable activitiesSixindoormeetingswereheldinadd itiontotheGroup'Members' attendance,togetherwiththeannualanonymou sdonationof 100peryear(for5years)shouldensurethefina ncialviabilityof themeetingsseries,withintheSociety'spoli cyofnofinancialsupport, donationpledgeandtheoccasionalsponsorshi pofitsevents(bothoutdoorandindoor)

7 Byindividualmembers,theNWGroup anexhibitionstandatselectedlocaleventsan din2015attendedtheCheshireLocalHistoryCo nferenceheldat Northwichin ,theWestMidlandsGrouphad104membersassign edtoit,areductionof1fromtheendof ,5indoormeetingswereheldinBirminghamwith anaverageattendanceof16,adecreaseon wasattended with a sales and publicity stand to try to attract new Interest GroupsTheSociety' TransportGrouphadanothergoodyear,with32m embers(15bye-mail)receivingthreemailings comprising41 Occasionalpapers, ;asdid thePipelines&MaterialsHandlingGroupwithi tsusualannualmailingof12 OccasionalPapersgoingto25members (10by e-mail), reaching a running total of themembers now receive their quarterly newsletter as an email 2015,whichwereconsolidatedinto4quarterly Newsletters,andcovered14differenttopics( somebeingdiscussed overmultiple Circulars).TheRoadTransportGroupcontinue stoflourishwith45members(18bye-mail)atth eendoftheyearwith threemailings comprising 20 Occasional Papers, reaching a running total of ,witharound180members,wastransferredfrom PatJones(towhomtheSociety'sthanksareduef ortheGroup'sflourishingcondition)toPeter Cross-Rudkinattheend ofthe year and its online exchanges were supplemented by its much-appreciated paper ,anetdeclineof1onthepreviousyear,50newme mbers beingbalanced by losses during the composition:Individual757 Joint56 Student6 Complimentary5 Total at (Note: Joint members are counted as '1' in the above figures.)

8 CHANGES DURING 2015As at Members50 Page 5 Railway and canal historical society (A COMPANY Limited by Guarantee)Report of the Trusteesfor the Year Ended 31 December 2015 ACHIEVEMENT AND PERFORMANCEC haritable activitiesDeceased-14 Resigned-18 Lapsed-19 Total at was received during 2015 of the deaths of 17 members, these being:Bannister, Hitchin, , Edinburgh, , , Sheffield, , Huddersfield, , Reading, , , , Llantwit Major, , Harrow, , Marple, , , Stotfold, , Acomb, , Bakewell, , Newbury, , Birmingham, 'Changesduring2015'tableaboveonlyshows14 deathsasin3casesthemembershipwasajointon eand thespouse remained a member. FINANCIAL REVIEWR eserves policyThe trustees monitor and maintain sufficient funds to meet the day to day needs of the StatementsTheformatofthefinancialstateme ntshasbeenalteredsoastodescribemoreclear lytheactivitiesoftheSociety,so isnot consistent with those published in previous years' Annual Reports.

9 FUTURE DEVELOPMENTSP lans for 2016 and beyondTheSocietyhasdevotedconsiderableef forttotheredevelopmentofitswebsiteastheb asisofseveralstrandsto ,includingparticipationinthe6th EarlyRailways Conference, and links sought with kindred groups with a view to mutually beneficial joint activities. Approved by order of the board of trustees on 31 March 2016 and signed on its behalf by:M Searle - SecretaryPage 6 Independent Examiner's Report to the Trustees ofRailway and canal historical society (A COMPANY Limited by Guarantee)I report on the accounts for the year ended 31 December 2015 set out on pages eight to responsibilities of trustees and examinerThecharity'strustees(whoarealsot hedirectorsforthepurposesofcompanylaw)ar eresponsibleforthepreparation 'strusteesconsiderthatanauditisnotrequir edforthisyear(underSection144(2)of theCharities Act 2011 (the 2011 Act)) and that an independent examination is independentexamination, it is my responsibility to:-examine the accounts under Section 145 of the 2011 Act-tofollowtheprocedureslaiddownintheGe neralDirectionsgivenbytheCharityCommissi on(under Section145(5)(b) of the 2011 Act).

10 And-to state whether particular matters have come to my of the independent examiner's reportMyexaminationwascarriedoutinaccord ancewiththeGeneralDirectionsgivenbytheCh arityCommission. Anexaminationincludesareviewoftheaccount ingrecordskeptbythecharityandacomparison oftheaccounts ,and theevidencethatwouldberequiredinanaudit, andconsequentlynoopinionisgivenastowheth ertheaccountspresent a'true and fair view ' and the report is limited to those matters set out in the statements examiner's statementIn connection with my examination, no matter has come to my attention:(1)which gives me reasonable cause to believe that, in any material respect, the requirements-to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and-toprepareaccountswhichaccordwiththea ccountingrecords,complywiththeaccounting requirementsofSections394and395oftheComp aniesAct2006andwiththemethodsandprincipl esof theStatement of Recommended Practice: Accounting and Reporting by Charitieshave not been met.