VINTAGE TRAINS CHARITABLE TRUST
The principal activity and object is to encourage and promote public interest in the preservation of steam and other railway locomotives and rolling stock of historical importance. The company continues with the restoration of locomotives and rolling stock.
Objects
TO ENCOURAGE AND TO PROMOTE PUBLIC INTEREST IN THE PRESERVATION OF STEAM AND OTHER RAILWAY LOCOMOTIVES AND ROLLING STOCK, MACHINERY AND EQUIPMENT OF HISTORICAL INTEREST, AND IN RAILWAYS, LOCOMOTIVES, ROLLING STOCK AND RAILWAY MACHINERY AND EQUIPMENT GENERALLY.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net decrease in funds of £105,050 for the year ended 31 March 2025, resulting in total funds of £111,976. The trustees report that unrestricted available reserves are negative at -£217,182, though they expect improvements in future years to meet operational commitments. The group remains a going concern with adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“Commercial trading operations 3,261,825” — page 11
“The remaining unrestricted available reserves amount to -£217,182 (2024: -£88, 884). The Trust has reviewed the current negative position om the unrestricted reserves and expects improvements. im future years. The trust will be looking to hold @ positive reserve in the future. in order to meet operational commitments which equates with a range of between six and twelve months unrestricted expenditure” — page 5
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Internal charity financial controls policy and procedures
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 100
- Government income: £61,810 — contracts £30,905 (1), grants £30,905 (1); 2% of the £3,577,393 total gross income on the same return
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 30
- Government income: £15,452 — grants £15,452 (1); under 1% of the £3,779,511 total gross income on the same return
- Employees paid over £60,000: 1 (£70,001–£80,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 70
- Has a trading subsidiary
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 3 were received after the due date: year ending 31/03/2025 (received 01/06/2026, 121 days after the 31/01/2026 due date); year ending 31/03/2024 (received 06/06/2025, 126 days after the 31/01/2025 due date); year ending 31/03/2023 (received 01/02/2024, 1 day after the 31/01/2024 due date).
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- CHRISTOPHER MICHAEL WHITEHOUSEchair
- MR VIC MICHEL
- Mark Gaskill
- RICHARD GRAHAM THORNE
- RICHARD JOHN CADGE
- Rebecca Delmore
- Sipho Ndlovu Mr
- Stuart Whitehouse
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.6m | £3.7m |
| 31/03/2024 | £3.8m | £3.8m |
| 31/03/2023 | £4.0m | £4.0m |
| 31/03/2022 | £1.6m | £1.9m |
| 31/03/2021 | £1.3m | £1.6m |
Common questions
Is VINTAGE TRAINS CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net decrease in funds of £105,050 for the year ended 31 March 2025, resulting in total funds of £111,976. The trustees report that unrestricted available reserves are negative at -£217,182, though they expect improvements in future years to meet operational commitments. The group remains a going concern with adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Mark J Rees LLP.
Who funds VINTAGE TRAINS CHARITABLE TRUST?
Funders whose own accounts filings name VINTAGE TRAINS CHARITABLE TRUST as a grant recipient include THE MICHAEL MARSH CHARITABLE TRUST, GOWLING WLG (UK) CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MICHAEL MARSH CHARITABLE TRUST | FY2025 | £5k | |
| GOWLING WLG (UK) CHARITABLE TRUST | FY2025 | £1k | |
| GOWLING WLG (UK) CHARITABLE TRUST | FY2024 | £500 | |
| THE MICHAEL MARSH CHARITABLE TRUST | FY2026 | amount not stated | General Charitable Purposes |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 13/07/2020 | £50k | "COVID19: Vintage Trains Charitable Trust" |
| The National Lottery Heritage Fund | 24/07/2017 | £90k | "Vintage Trains: Engineering the future" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GRANTSCAPE | 1 | £113k |
| THE EARL FITZWILLIAM CHARITABLE TRUST | 1 | £3k |
Charities like this
- VINTAGE CARRIAGES TRUST
- AVON VALLEY RAILWAY HERITAGE TRUST
- STROUD VINTAGE TRANSPORT AND ENGINE CLUB LTD
- NENE VALLEY RAILWAY
- BODMIN RAILWAY HERITAGE TRUST
- NATIONAL TRACTION ENGINE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| VINTAGE TRAINS CHARITABLE TRUST | £3.6m | — | — | below | — | no doubt |
| VINTAGE CARRIAGES TRUST | £227k | — | 0 | unclear | — | no doubt |
| AVON VALLEY RAILWAY HERITAGE TRUST | £50k | — | 0 | below | — | no doubt |
| STROUD VINTAGE TRANSPORT AND ENGINE CLUB LTD | £293k | — | 0 | unclear | — | no doubt |
| NENE VALLEY RAILWAY | £1.1m | — | 0 | unclear | — | no doubt |
| BODMIN RAILWAY HERITAGE TRUST | £105k | — | 0 | unclear | — | noted |