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West Somerset Railway General Discussion

Discussion in 'Heritage Railways & Centres in the UK' started by gwr4090, Nov 15, 2007.

  1. bluetrain

    bluetrain Well-Known Member

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    Thanks for drawing attention to the newly posted accounts. For anyone else who is interested, they are available here:

    https://find-and-update.company-information.service.gov.uk/company/01010188/filing-history

    The WSR appears (Page 36) to be paying significant sums for interest on loans, but that is probably true for most heritage railways in the Covid era. But if I've correctly understood the "loans and borrowings" section on Page 44, the largest single debt is for a bank loan used to acquire the Bishops Lydeard station house. Can anyone clarify what use is now made of that property, or what plans exist for its future use?
     
  2. Bayard

    Bayard Part of the furniture

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    Thanks for that link. As a shareholder, I will no doubt get a copy in due course. It would be useful, though, if someone told the directors of the Plc that it is now possible to convert a document straight from .doc format to .pdf, there is no need to print it out, photocopy it and then scan it.
     
  3. D1039

    D1039 Well-Known Member

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    I think all the Companies House docs are like that, even electrically filed ones?

    Patrick


    Sent from my iPhone using Tapatalk
     
  4. dunghill1

    dunghill1 New Member

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    I would have expected you to have got one before now. My wife got hers by post over a week ago and I got mine a few days earlier by email.
     
  5. 6960 Raveningham Hall

    6960 Raveningham Hall Member Friend

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    Me too. It was an attachment to the Shareholders AGM pack, sent by email dated 3rd September.
     
  6. Bayard

    Bayard Part of the furniture

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    Yes I found that, indeed, I did get it by email. I must have missed it and was waiting for something through the post. I suppose they have, quite sensibly, stopped sending information by post where it can be sent electronically.
     
  7. Bayard

    Bayard Part of the furniture

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    Yes it did occur to me that Companies House might insist on documents being filed in paper format, then they make poor quality copies and scan them. If this is the case, then my apologies to the board.
     
  8. Pete Thornhill

    Pete Thornhill Part of the furniture Staff Member Administrator Moderator Friend

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    Isn’t it to do with the signatures iirc?
     
  9. 35B

    35B Nat Pres stalwart

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    In itself, not a great reason - with services like Docusign readily available now, or even scan and insert signatures in a PDF not being difficult, I'm struggling to think of a good reason why we should have to put up with such poor quality scans.
     
  10. Pete Thornhill

    Pete Thornhill Part of the furniture Staff Member Administrator Moderator Friend

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    Certain legal documents require a proper wet signature meaning docusign and inserting signatures is not possible. (I know it sounds crazy when they scan it anyway but that is how it is).
     
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  11. goldfish

    goldfish Resident of Nat Pres

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    I love the idea that a wet signature is 'proper'…
     
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  12. Pete Thornhill

    Pete Thornhill Part of the furniture Staff Member Administrator Moderator Friend

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    Yes, like I said sounds crazy I know, but, that is how it is. Simple electronic signatures do not meet the statutory or policy requirements for documents to be registered with HMRC for example.
    IIRC you cannot sign a will electronically either as another.
     
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  13. gwralatea

    gwralatea Member

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    though you can now take out a mortgage without a wet signature - I did it last year. Given most mortgages are probably worth more than most wills, that seems bonkers but there we are.
     
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  14. Keith Sims

    Keith Sims Member

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    May or may not be of interest but the Bridgwater Mercury reports that JJP Holdings has sold (for an undisclosed figure) its half share in the bus company that services Hinkley Point C .
     
  15. MellishR

    MellishR Part of the furniture Friend

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    Raising cash to buy something else?
     
  16. gwilialan

    gwilialan Part of the furniture

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    Or to pay for an overhaul? ;):D
     
  17. Greenway

    Greenway Part of the furniture

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    Read the Chairman's statement in the accounts carefully. There may be clues there, or - not.
     
  18. Southernman99

    Southernman99 Member Friend

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    Well there is another Hall up for sale....
     
  19. 61624

    61624 Well-Known Member

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    Care to share with those of us not in the know which one it might be?
     
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  20. Sidmouth

    Sidmouth Part of the furniture Staff Member Moderator

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    It is easy to read much into the news shared earlier and clearly the sale of the stake will be down to business factors . At this juncture it is probably unfair on all parties to speculate what this may or may not mean for the WSR
     
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