IRISH TRACTION GROUP
Railway preservation group.
Objects
TO ADVANCE THE EDUCATION OF THE PUBLIC BY PRESERVING, RESTORING, EXHIBITING AND OPERATING FOR THE BENEFIT OF THE PUBLIC IRISH DIESEL AND ELECTRIC LOCOMOTIVES AS WELL AS COACHING AND OTHER ROLLING STOCK ASSOCIATED WITH THESE TYPES OF LOCOMOTIVE AND MULTIPLE UNITS
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a deficit of £15,204 for the year ended 30 June 2025, primarily due to significant one-off transportation costs of £46,655. Despite this deficit, the charity maintains unrestricted reserves of £88,411, which the trustees consider adequate to meet future obligations and unpredictable restoration costs.
What the accounts disclose
“Total donations and legacies made to the Charity during the year ended 30 June 2025 totalled £44,059” — page 9
“the Charity needs to maintain a high level of additional reserves due to the nature of its activities, and the unpredictability of when, and how much may be required at any one time within a twelve-month period to meet a particular planned, or unexpected cost.”
Policies the charity declares
- Complaints handling
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Serious incident reporting policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- KENNETH MANTOchair
- AIDAN BROSNAN
- BOB TWIGG
- Dr AIDAN KEHOE
- FIACHNA MAC MURCHU
- INNIS NIALL MENNIE
- MARTIN WARD
- MICHAEL BECKETT
- MICHAEL MURPHY
- PETER JONES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £51k | £66k |
| 30/06/2024 | £22k | £17k |
| 30/06/2023 | £20k | £17k |
| 30/06/2022 | £19k | £16k |
| 30/06/2021 | £18k | £16k |
Common questions
Is IRISH TRACTION GROUP financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a deficit of £15,204 for the year ended 30 June 2025, primarily due to significant one-off transportation costs of £46,655. Despite this deficit, the charity maintains unrestricted reserves of £88,411, which the trustees consider adequate to meet future obligations and unpredictable restoration costs. Its FY2025 accounts were independently examined.