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6024 King Edward 1

Discussion in 'Steam Traction' started by Champion Lodge, Sep 16, 2024.

  1. Dog Fox

    Dog Fox New Member

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    They certainly did not pay all the bills
     
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  2. 35B

    35B Nat Pres stalwart

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    Which may well help answer @GWR4707's question.
     
  3. Sidmouth

    Sidmouth Resident of Nat Pres Staff Member Moderator

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    @Dog Fox however the accounts indicate that "they" paid a significant amount of the bills , in cash terms I suspect over 80% plus now whatever has been needed to complete the engine . Not only do "they" own the engine but "they" also have a significant amount on investment in the overhaul

    the 6024 society accounts make interesting reading . It appears that initially that the management agreement saw £500k being spent by the RSGLT with the society match funding costs above that . The management agreement was then changed to RSGLT spending £750k with the society liable for any costs over and above that

    upload_2026-2-23_14-26-37.png

    Cash reserves went from £220k in 2014 down to £44k at the end of 2021 . I don't know whether volunteer labour was also given a contributory cash value

    What I think this suggests was RSGLT spent £750k , 6024 society another £170k plus volunteer labour contribution . I think you can deduce costs went up quite significantly as is always the way with a steam engine , that required a renegotiation of terms . where it stood in terms of the total spend to that point , extra spend needed to finish the engine and for it to be complete , ready for main line service alongside the balance of the equation on both parties contributions
     
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  4. raisborough.smith

    raisborough.smith New Member

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    At the end of the day do you think i will see The King turn a wheel again before i turn my toes up only asking as a ex volunteer ??.
     
  5. Sidmouth

    Sidmouth Resident of Nat Pres Staff Member Moderator

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    It feels a lot closer than a King in steam on the mainline has been for a long time. I have two who have never seen a King in full flight
     
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  6. raisborough.smith

    raisborough.smith New Member

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    It a wonderful sight seeing her working hard the note of the locomotive it a must and i hope to see her again the power of a king in full flight is a must .second is seeing her doing what she does best Roaring along the sea wall at Dawlish .
     

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