1. To advance education for the benefit of the public by financing the acquisition, restoration, preservation and operation of heritage locomotives, coaches, wagons, buildings, track and other associated infrastructure.
2. Establishing buildings to house and preserve the Severn Valley Railway Charitable Trust rolling stock collection.
3. Providing education and interpretive displays for the travelling public.
4. Providing educational and skills training used in the restoration, repair and operation of historic railways to ensure their long term survival.