ROTHER VALLEY RAILWAY HERITAGE TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £3,189,756 and total reserves in excess of £9 million, with cash in excess of £3 million at year-end. The trustees confirmed adequate resources to continue operations through 2026, supported by pledged funding for ongoing reconstruction projects. No material uncertainties affecting going concern were identified by the independent auditors.
What the accounts disclose
“During the year Rother Valley Railway Heritage Trust gave grants to Rother Valley Railway Limited totalling £1,025,000 (2023 - £247,500) in relation to various construction projects on reconstruction of the Rother Valley Railway.” — page 32
“During the year rent of £1 (2023 - £1) was paid by Rother Valley Railway Limited to Rother Valley Railway Heritage Trust.” — page 32
“During the year Rother Valley Railway Heritage Trust gave grants to Rother Valley Railway Limited totalling £1,025,000 (2023 - £247,500) in relation to various construction projects on reconstruction of the Rother Valley Railway.” — page 32
“During the year rent of £1 (2023 - £1) was paid by Rother Valley Railway Limited to Rother Valley Railway Heritage Trust.” — page 32
“Rother Valley Railway Limited is a majority owned subsidiary of the charity that continues to act on the reconstruction of the Kent & East Sussex Railway” — page 4
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- DAVID JOHN FELTON FCA
- DAVID WILLIAM KEAY
- David James Slack
- Gardner Savill Crawley BSc, FICE
- Helen Caroline Douglas
- MICHAEL CLIFFORD HART
- RICHARD MICHAEL ARBLASTER
- Richard Broyd
- Stephen Murfitt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.3m | £185k |
| 31/12/2023 | £2.2m | £160k |
| 31/12/2022 | £29k | £146k |
| 31/12/2021 | £940k | £128k |
| 31/12/2020 | £755k | £174k |
Common questions
Is ROTHER VALLEY RAILWAY HERITAGE TRUST financially healthy?
The accounts state that the charity held unrestricted reserves of £3,189,756 and total reserves in excess of £9 million, with cash in excess of £3 million at year-end. The trustees confirmed adequate resources to continue operations through 2026, supported by pledged funding for ongoing reconstruction projects. No material uncertainties affecting going concern were identified by the independent auditors. Its FY2024 accounts were audited by Crowe U.K. LLP.