The Society has over the years always followed its Constitution in that we are there to assist the Company with volunteers to help maintain and run the railway.
The other main aim within the Constitution has always been to support the Company with any ‘spare monies’ it has at the end of each year which are surplus from its membership income.
The Company would come to the Society to ask if we could assist with funding a project. They would produce a fully detailed business plan, and if we could help, then this is where the ‘spare monies’ come in or in most cases go out.
The system has worked very well over the last 40 years or so and to ensure that the membership are kept fully informed of what we do with ‘their’ monies, every year at the AGM full details are given in the annual report.
The following are just some of the achievements that the Society has been very instrumental in assisting the Company to complete a given project:--
‘Jinty -47324’ (twice); ‘Gothenburg’ (aka ‘Thomas’) (twice); P-Way materials; Steam department improvements; Diesel department improvements; Improved watering facilities at Bolton Street Station; (all platforms); Lifting Jacks; Museum Yard (cobbles) & Museum floor (inside); ‘Crab’ 42765; Baron Street new mains cabling; Bury Bolton Street Canopy; CCTV Extension – Castlecroft Yard; Castlecroft Soakaway; Diner Coach, 2 x Disable Access Coaches; Castlecroft Shed –refurbishment; Model railway in the Museum; Diesel crane new Ropes; 1st phase of the Rawtenstall Canopy; year on year the ‘weed killing train; the purchase and fitting out of the Society Building.
The above projects both Company and Society have either being partly funded by the Society or as in a small number of cases, have been a complete Society project at the request of the Company.
These are by no means all the memberships ‘spare monies’ there are other smaller projects that we assisted with funding for.
Finally, the above projects represent a time-scale from 2000 until 2017 and the total monies donated to the projects by the membership in that period is around £400,000.
It takes around £30,000 plus per year to run the Society and to service its members, so with a membership of 3,500 plus, the above achievement’s are down to them, we are only the caretakers of their monies and as can been seen above, we spend it very wisely.