Further to the excellent news that the Swanage Railway Trust has agreed to enter into a 99 year agreement with the Swanage TC Group, the Swanage Railway Trust has set up a Designated Fund to receive all future income and fundraising for the TC.
The Designated Fund can only be spent on the TC, and the STCG Committee have been appointed as the Committee of the SRT STCG Sub Group.
Being part of a Registered Charity has additional benefits for our Project, because Members donations and subscriptions can raise additional funds for the TC Project via Gift Aid.
Gift Aid is explained further on the HMRC Website, briefly; 20% of the value of a Gift Aided ‘donation’ is paid to the Charity by HMRC, when the Charity does a Gift Aid declaration.
More information here:-
To enable the 4TC Project to gain additional funding via Gift Aid, our members’ subscriptions must be paid into a SRT bank account. Please can you amend your Standing Order to pay your regular standing order to the new SRT TC bank account:-
Swanage Railway Trust – 4TC group
Account number 13462420
Sort code 20-68-79
The STCG Committee will have access to statements for the SRT TC bank account, so we can continue to record members’ contributions and share purchases.
Swanage 4TC Group Treasurer.