THE GRESLEY SOCIETY TRUST
The society was founded in 1963 to promote interest in the life and work of Sir Nigel Gresley. Meetings are held in the spring and autumn, at various locations, when there are talks by well known speakers. Our journal, The Gresley Observer is published three times a year and the society owns an ex GNR N2 tank locomotive and a 1938 buffet lounge car. Our website is at www.Gresley.org.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of nearly £11,000 for the year, with total unrestricted funds of £74,327 and total funds of £839,974. The trustees note that fundraising efforts and membership income have been crucial in maintaining financial stability despite significant costs associated with the N2 locomotive overhaul. The charity holds a reserves policy to build up funds against future repair and restoration needs, with unrestricted reserves currently held in the General fund.
What the accounts disclose
“Reserves will continue to be built up against the future need to carrying out repair work on the N2 locomotive and the restoration of the Buffet Lounge Car.” — page 12
Trustees
- PHILIP MARTIN BENHAMchair
- Christopher Clark
- DAVID RICHARD MCINTOSH
- David Frodsham
- IAN STUART MACCABE
- John Christopher Hartley Nettleton
- Mark Alatt
- Michael John Waterhouse
- Steven Reginald Leslie Hogg
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £62k | £15k |
| 31/03/2024 | £38k | £27k |
| 31/03/2023 | £52k | £27k |
| 31/03/2022 | £50k | £79k |
| 31/03/2021 | £32k | £196k |
Common questions
Is THE GRESLEY SOCIETY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of nearly £11,000 for the year, with total unrestricted funds of £74,327 and total funds of £839,974. The trustees note that fundraising efforts and membership income have been crucial in maintaining financial stability despite significant costs associated with the N2 locomotive overhaul. The charity holds a reserves policy to build up funds against future repair and restoration needs, with unrestricted reserves currently held in the General fund. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 17/09/2025 | £17k | "The Gresley 150 Experience: Celebrating Engineering & Innovation in Doncaster" |