Download - agm minutes 2024

Company No. 04093919

THE COMPANIES ACT 2006

A PUBLIC COMPANY LIMITED BY SHARES

WENSLEYDALE RAILWAY PLC

MINUTES OF THE ANNUAL GENERAL MEETING

held on Saturday 28^th September 2024 at 11.00am, at Chantry Hall, Bedale

The Chairman declared the meeting open and welcomed all shareholders and others. Apologies were received from Director D Walker and shareholders Ruth Annison, Ronald Chambers, Sheila Crosby, Jeremy Field MBE, Derek Glenn, Graham Larkbey, Bernard Morris, Edward Potter, John Robertshaw¸Michael Robinson, Alan Rose, Maureen Sedgwick, Peter Shaw, Colin Stegeman and John Street

Following introductory remarks from the Chairman:

Resolutions

1.                  A resolution to consider and receive the Report of the Directors for the year ended 31st March 2024 was approved

2.                  A resolution to consider and receive the Statement of Accounts and the Balance Sheet of the company for the year ended 31st March 2024, together with the Auditors’ Report on those accounts, was approved

3.                  A resolution to elect Steve Davies as a Director of the Company was withdrawn, owing to the resignation of Steve Davies prior to the meeting

4.                  A resolution to elect David Walker as a Director of the Company was approved

5.                  A resolution to re-appoint Armstrong Watson LLP of York House, Thornfield Business Park, Northallerton, DL6 2XQ as auditors and to authorise the Directors to fix their remuneration was approved

There being no further business the formal meeting ended at 11.20. Following the meeting questions and issues were discussed and recorded for action by the Board.

Confirmed as a true record of the Meeting

T Williamson                                      Date 14 October 2024

Chairman

WENSLEYDALE RAILWAY PLC

NOTES FROM MINUTES OF THE ANNUAL GENERAL MEETING

held on Saturday 28^th September 2024 at 11.00am, at Chantry Hall, Bedale

During the meeting, matters from the floor and points raised as follows:

1. Resolution 1 (approval of Report of Directors) was proposed by Michael Pearson and seconded by David Nunns and carried unanimously
2. Resolution 2 (approval of Accounts and Balance Sheet, plus Auditors’ Report) was preceded by a brief statement from the Chair  noting the continuing improved and currently healthy financial position of the Company.  A shareholder pointed out a minor error in the title of one of the accounts pages – 2024 should have read 2025 and it was confirmed that this error had already ben corrected before submission to Companies House. The Resolution was proposed by David Turner and seconded by Stewart Simpson and carried unanimously
3. Resolution 3 (election of Steve Davies) – it was explained by the Chair that Steve Davies had resigned from the Board prior to the AGM, through pressure of other work in the UK and abroad.  He had expressed continuing support to the Wensleydale Railway and the Chair expressed the grateful thanks of the Board for the work he had done for the Board and the railway over the 7 years on the Board
4. Resolution 4 (to elect David Walker – who had retired through rotation) was proposed by John Tong and seconded by Tug Lee; it was carried with one abstention
5. Resolution 7 (re appointment of the auditors) was proposed by Alex Dudiak and seconded by Richard Leathley; it was carried with one abstention

Following the meeting, Nigel Park presented an illustrated talk on various actions of the past year, plus some developments proposed for the future.

Questions were raised concerning the gating of the car park at Redmire Station, progress of the restoration of the track between Leyburn and Redmire, whether services could address transport needs of local people, merchandising, heritage weekends, Polar Express and future Sheffield University projects.