The Friends of the Keighley and Worth Valley Railway

Registered charity 1032933 · accounts filings on the Charity Commission register · also known as KEIGHLEY AND WORTH VALLEY RAILWAY TRUST

The trust was formed in 1995 as a means of rasing capital sums for the Keighley and Worth Valley Railway. The trust supports the maintenance and protection of the structures, buildings, rolling stock and equipment of the railway by making grants in support of projects recommended by the Preservation Society's governing council.

Causes: Environment/conservation/heritage · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£204k
Latest spending
£220k
Registered
1994
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported an operating deficit of £13,821 for the year ended 5 April 2025, resulting in a slight decrease in unrestricted reserves to £190,552. The trustees confirm there are no material uncertainties regarding the charity's ability to continue, and reserves are held to support specific projects and provide backup resources. Total charity funds decreased from £436,421 to £422,600 due to the deficit exceeding investment gains.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: The Trust holds reserves to support specific projects on The Keighley & Worth Valley Railway and these funds are released upon a specific request being received. (held: £191k)
“The Trust holds reserves to support specific projects on The Keighley & Worth Valley Railway and these funds are released upon a specific request being received. As a result, the funds are held by the Charity until the request has been received and agreed by the Trustees to be funded. Until-such time, funds are held in reserve by the Charity.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.

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

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

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

Operates in: Bradford City

Income and spending

Financial year endIncomeSpending
05/04/2025£204k£220k
05/04/2024£123k£33k
05/04/2023£33k£93k
05/04/2022£69k£13k
05/04/2021£62k£67k

Common questions

Is The Friends of the Keighley and Worth Valley Railway financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported an operating deficit of £13,821 for the year ended 5 April 2025, resulting in a slight decrease in unrestricted reserves to £190,552. The trustees confirm there are no material uncertainties regarding the charity's ability to continue, and reserves are held to support specific projects and provide backup resources. Total charity funds decreased from £436,421 to £422,600 due to the deficit exceeding investment gains. Its FY2025 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 Fund12/09/2002£170k"Steam locomotive 935 boiler overhaul, Keighley"
The National Lottery Heritage Fund11/12/1998£599k"Oxenhope Project"

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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with Wensleydale Railway Trust.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
The Friends of the Keighley and Worth Valley Railway£204k—0unclear—no doubt
Wensleydale Railway Trust FY2025£378k—0below—no doubt
THE FFESTINIOG AND WELSH HIGHLAND RAILWAYS TRUST (YMDDIRIEDOLAETH RHEILFFYRDD FFESTINIOG AC ERYRI) FY2025£11.9m—0unclear—no doubt
SEVERN VALLEY RAILWAY CHARITABLE TRUST LIMITED FY2024£1.6m—0unclear—no doubt
DEMENTIA FRIENDLY KEIGHLEY FY2025£199k—0unclear—no doubt
ROTHER VALLEY RAILWAY HERITAGE TRUST FY2024£2.3m—0unclear—no doubt

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