WELSH HIGHLAND RAILWAY LIMITED

Registered charity 1039817 · accounts filings on the Charity Commission register · also known as WELSH HIGHLAND LIGHT RAILWAY (1964) LIMITED, WELSH HIGHLAND RAILWAY, WELSH HIGHLAND RAILWAY (PORTHMADOG), WHR

The Welsh Highland Railway Ltd operates a narrow gauge steam railway in Porthmadog in order to revive and preserve the spirit of the original railway that closed in 1937. The charity owns, maintains and operates Russell, the sole surviving steam engine from the original railway, now over 100 years old, together with other heritage rolling stock and artefacts. A new museum building opened in 2009.

Objects

(A) TO ADVANCE THE EDUCATION OF THE PUBLIC IN MATTERS CONCERNING RAILWAYS AND (B) FOR THE PUBLIC BENEFIT TO PROVIDE OR ASSIST IN THE PROVISION OF FACILITIES FOR THE RECREATION AND OTHER LEISURE TIME OPERATION IN THE INTEREST OF SOCIAL WELFARE AND WITH THE OBJECT OF IMPROVING LIFE

Area of benefit: GWYNEDD

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · Environment/conservation/heritage · Economic/community Development/employment · website · Get email alerts

Latest income
£234k
Latest spending
£167k
Registered
1994
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net surplus of £66,402 for the year, with unrestricted reserves totaling £1,757,484. The trustees confirmed that the charity has adequate resources to meet its operational needs for the foreseeable future, with no material uncertainties regarding going concern. However, the core railway operations ran at a deficit of £52,586, which was offset by donations and other income.

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

What the accounts disclose

Reserves policy: support an operating season's expenditure costs (held: £1.8m)
“The directors currently have a policy to maintain unrestricted reserves to support an operating season's expenditure costs.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from trustees
“During the year ended December 31, 2023, the company received donations from the trustees totalling £2,763” — page 29
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Cwmni Rheilffordd Beddgelert Cyfyngedig
“Subsidiary undertakings Cwmni Rheilffordd Beddgelert Cyfyngedig”
Per its FY2024 accounts as filed with the Charity Commission.

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

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Corporate structure

CWMNI RHEILFFORDD BEDDGELERT CYFYNGEDIG — latest Companies House iXBRL filing (balance sheet 31.12.25)
  • Equity: £75k
  • Average employees: 4
CWMNI RHEILFFORDD BEDDGELERT CYFYNGEDIG — per its own Companies House accounts
  • Amounts owed to group undertakings: £202,166 (2023: £135,390)

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

3 registered titles in England and Wales held by the charity’s company or corporate body (3 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

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

Operates in: Gwynedd

Income and spending

Financial year endIncomeSpending
31/12/2024£234k£167k
31/12/2023£157k£143k
31/12/2022£187k£129k
31/12/2021£115k£75k
31/12/2020£84k£95k

Common questions

Is WELSH HIGHLAND RAILWAY LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £66,402 for the year, with unrestricted reserves totaling £1,757,484. The trustees confirmed that the charity has adequate resources to meet its operational needs for the foreseeable future, with no material uncertainties regarding going concern. However, the core railway operations ran at a deficit of £52,586, which was offset by donations and other income. Its FY2024 accounts were independently examined.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with CYMDEITHAS RHEILFFORDD ERYRI.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WELSH HIGHLAND RAILWAY LIMITED£234k—0unclear—no doubt
CYMDEITHAS RHEILFFORDD ERYRI FY2024£147k—0above—no doubt
WELSHPOOL AND LLANFAIR LIGHT RAILWAY PRESERVATION CO. LIMITED FY2025£1.2m—0above—no doubt
VALE OF RHEIDOL RAILWAY LIMITED FY2024£2.1m——unclear—no doubt
THE FFESTINIOG AND WELSH HIGHLAND RAILWAYS TRUST (YMDDIRIEDOLAETH RHEILFFYRDD FFESTINIOG AC ERYRI) FY2025£11.9m—0unclear—no doubt
THE PONTYPOOL AND BLAENAVON RAILWAY COMPANY (1983) LIMITED FY2024£234k—0unclear—no doubt

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