GREAT WESTERN (SVR) ASSOCIATION
Preservation and restoration of historic carriages and locomotives of the Great Wesrn Railway origin for operation and educational value based on the Severn Valley Line in Worcestershire.
Objects
TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE HISTORY SOCIOLOGY AND TECHNOLOGY OF RAILWAYS IN GENERAL WITH PARTICULAR REFERENCE TO THE FORMER GREAT WESTERN RAILWAY ("GWR") AND SEVERN VALLEY RAILWAY ("SVR") (TOGETHER THE RAILWAYS") BY ACQUIRING PRESERVING DISPLAYING AND MAKING USE OF HISTORIC ROLLING STOCK ARTIFACTS, RELICS AND DOCUMENTS RELATING TO THE RAILWAYS OR RAILWAYS GENERALLY:
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a modest surplus of £1,687 for the year, with total receipts of £80,795.87 and total payments of £79,128.51. As of 31st March 2025, the charity held total balances of £221,664.43, comprising unrestricted general funds of £55,293.03 and restricted funds for locomotives and carriages. The trustees report that a steady level of income has helped finance ongoing major restoration projects.
What the accounts disclose
“A significant increase in donations was received with General donations at £3,740.97, Carriage donations at £53,455.74 and Loco donations at £640.” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
Trustees
- MICHAEL HAYNESchair
- BRIAN ARTHUR LOWE
- COLIN RICHARD JENKINS
- COLUMB WILLIAM HOWELL
- Christopher Haynes
- DAVID ALFRED SMITH
- DAVID WILLIAM MASSEY
- GARETH PRICE
- GRAHAM JOHN GARDENER
- PAUL BENNETT
- ROBERT MASSEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £81k | £79k |
| 31/03/2024 | £53k | £50k |
| 31/03/2023 | £67k | £67k |
| 31/03/2022 | £61k | £30k |
| 31/03/2021 | £99k | £55k |
Common questions
Is GREAT WESTERN (SVR) ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a modest surplus of £1,687 for the year, with total receipts of £80,795.87 and total payments of £79,128.51. As of 31st March 2025, the charity held total balances of £221,664.43, comprising unrestricted general funds of £55,293.03 and restricted funds for locomotives and carriages. The trustees report that a steady level of income has helped finance ongoing major restoration projects. Its FY2025 accounts were audited by Trevor Lowe BA, ACMA.