VALE OF RHEIDOL RAILWAY LIMITED
Registered charity 1076037 · accounts filings on the Charity Commission register · also known as CRODALL LIMITED, VALE OF RHEIDOL RAILWAY LTD
The principal activity is operation of a narrow guage railway line as a working museum.
Causes: Environment/conservation/heritage · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that total funds increased to £15,407,717, with free reserves rising significantly to £6,077,125 from £971,325 in the prior year. The trustees confirm the organization is a going concern, citing considerable financial resources and continued support from its parent trust. The charity operates a defined contribution pension scheme and has no restricted funds.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: no target stated (held: £6.1m)
“At the present time the trustees do not therefore expect to generate long-term or medium-term reserves. Any reserves which may be generated during a financial period are expected to be attributed to a future maintenance or development project.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Parent charity support
“The Charity has been supported by the Phyllis Rampton Narrow Gauge Railway Trust (the Charity's parent entity) particularly in funding restoration work on engines and carriages.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Accounts audited by Ashmole & Co. Discloses 4 of 6 completeness components.
Property (HM Land Registry)
20 registered titles in England and Wales held by the charity’s company or corporate body (20 freehold); recorded price paid £120k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Public profiles (found on the charity’s own website): facebook · instagram
Structured financials (annual return, FY ending 31/12/2024)
Cost of raising funds
£288k
Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (52% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 14.0% of total income — above the median for charities its size (5.2%) (benchmarks).
- Dr Clive Richard Higgs
- Jonathan Nichol McKie
- PHILIP JOHN NEVILLE ELLIS
- Patrick Keef
Trustee list from the Charity Commission register (current, not historical).
Operates in: Ceredigion
Income and spending
Common questions
Is VALE OF RHEIDOL RAILWAY LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that total funds increased to £15,407,717, with free reserves rising significantly to £6,077,125 from £971,325 in the prior year. The trustees confirm the organization is a going concern, citing considerable financial resources and continued support from its parent trust. The charity operates a defined contribution pension scheme and has no restricted funds. Its FY2024 accounts were audited by Ashmole & Co.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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 STATFOLD NARROW GAUGE MUSEUM TRUST LTD.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.