NORTH EASTERN LOCOMOTIVE PRESERVATION GROUP

Registered charity 1002017 · accounts filings on the Charity Commission register · also known as NELPEG, NELPG

Preservation, Restoration and Operation of Steam Railway Locomotives

Causes: Education/training · Environment/conservation/heritage · Economic/community Development/employment · website · Get email alerts

Latest income
£189k
Latest spending
£315k
Registered
1991
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total funds decreased by £112,162 to £397,759 at the end of the period. The trustees report no doubts about the charity continuing as a going concern and note that funds exceed the minimum reserve policy target. The independent examiner confirmed there were no matters requiring attention in their report.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Legacies and donations
The J27 operated at the NYMR during the year and was the only source of hire income for 2024 (£39,130, approx. 25% up on 2023). Although the total income was lower at £39,130 than in 2023 (£49,298), this was offset by the legacies we received. — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: £100,000 (held: £398k)
The policy is to maintain a reserve of £100,000. — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Darlington · Durham · Hartlepool · Middlesbrough · North Yorkshire · Scotland · Stockton-on-tees

Income and spending

Financial year endIncomeSpending
31/12/2024£189k£315k
31/12/2023£190k£461k
31/12/2022£217k£237k
31/12/2021£155k£131k
31/12/2020£155k£131k

Common questions

Is NORTH EASTERN LOCOMOTIVE PRESERVATION GROUP financially healthy?

Per its FY2024 accounts: The accounts state that total funds decreased by £112,162 to £397,759 at the end of the period. The trustees report no doubts about the charity continuing as a going concern and note that funds exceed the minimum reserve policy target. The independent examiner confirmed there were no matters requiring attention in their report. Its FY2024 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund30/01/2006£50k"Darlington Locomotive Heritage - Restoration of J72 Type Steam Engine No 69023"
The National Lottery Heritage Fund01/07/2003£46k"Boiler Restoration of Q6 Steam Locomotive No 63395"

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE MICHAEL MARSH CHARITABLE TRUST1£5k
GOWLING WLG (UK) CHARITABLE TRUST1£500

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with VINTAGE TRAINS CHARITABLE TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
NORTH EASTERN LOCOMOTIVE PRESERVATION GROUP£189k0aboveno doubt
VINTAGE TRAINS CHARITABLE TRUST FY2025£3.6mbelowno doubt
SOUTH TYNEDALE RAILWAY PRESERVATION SOCIETY FY2025£297k0unclearno doubt
WESTERN LOCOMOTIVE ASSOCIATION LIMITED FY2025£191k0unclearno doubt
CHINNOR AND PRINCES RISBOROUGH RAILWAY ASSOCIATION LIMITED FY2025£200k0aboveno doubt
THE MID-NORFOLK RAILWAY PRESERVATION TRUST FY2024£2.5m0unclearno doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.