Tanfield Railway Trust Limited
Preserving the railway heritage of North East England, particularly industrial and independent railways and local locomotive builders.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £471,352, significantly exceeding the trustees' stated target to reduce reserves to £100,000. The charity reported a net income of £197,617 for the year, driven largely by a substantial increase in donations and legacies, while maintaining a surplus after charitable and support expenditures.
What the accounts disclose
“the trustees have resolved to investigate and undertake a number of projects as outlined in the Trustees report and will reduce reserves to £100,000.”
Trustees
- DEREK WILLIAM SMITHchair
- David Champion
- Frank Stuart Palmer
- IAN COWAN
- John Hodgson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £263k | £65k |
| 31/07/2024 | £75k | £15k |
| 31/07/2023 | £113k | £61k |
| 31/07/2022 | £48k | £91k |
| 31/07/2021 | £58k | £65k |
Common questions
Is Tanfield Railway Trust Limited financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £471,352, significantly exceeding the trustees' stated target to reduce reserves to £100,000. The charity reported a net income of £197,617 for the year, driven largely by a substantial increase in donations and legacies, while maintaining a surplus after charitable and support expenditures. Its FY2025 accounts were independently examined.
Who funds Tanfield Railway Trust Limited?
Funders whose own accounts filings name Tanfield Railway Trust Limited as a grant recipient include THE CATHERINE COOKSON CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE CATHERINE COOKSON CHARITABLE TRUST | FY2023 | £10k | Other Charities/Voluntary Bodies |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 25/09/2006 | £30k | "East Tanfield Conservation and Display Project (Project planning)" |
| The National Lottery Heritage Fund | 27/06/2003 | £50k | "Working Carriages Shed" |
| Northern Rock Foundation | 11/10/2002 | £5k | Grant awarded to Tyneside Locomotive Museum Trust Ltd. (Durham) |