AVON VALLEY RAILWAY HERITAGE TRUST
To restore, preserve and operate railway locomotives, carriages, wagons, vehicles & other artefacts of historical interest and the structures connected therewith for the benefit and education of the public; to conserve books, drawings, records, documents, sound & visual recordings, cinematography films and photographs and other archives relating to such objects, their history and their development
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net outgoing resource of £72,420 for the year, resulting in a negative free reserve position of £50,722. The trustees acknowledge that reserves are below the desired level of £50,000 to £70,000 and are working to restore them. Despite a fraudulent loss of approximately £40,500, the trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Free reserves at the balance sheet date were -£50,722 (2024: -£15,119).”
“There was a loan from a trustee of the Charity totalling £7,270 (2024 - £Nil). This loan is interest free and repayable within five years.” — page 26
“There was a loan from a member of the Charity totalling £300 (2024 - £300). This loan is interest free and repayable within three years.” — page 26
“There was a loan from a trustee of the Charity totalling £7,270 (2024 - £Nil). This loan is interest free and repayable within five years.” — page 26
“There was a loan from a member of the Charity totalling £300 (2024 - £300). This loan is interest free and repayable within three years.” — page 26
“Lack of financial controls: The charity was unable to detect the fraud due to inadequate controls.” — page 10
Property (HM Land Registry)
Trustees
- Roger Peter Eynonchair
- Joseph Dean
- KENNETH HAROLD GOODWAY
- Mark Davies
- Simon Hickman
- andrew gamlin
- neil parsonson
- sara peasgood
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £50k | £123k |
| 31/01/2024 | £50k | £81k |
| 31/01/2023 | £42k | £69k |
| 31/01/2022 | £175k | £172k |
| 31/01/2021 | £80k | £92k |
Common questions
Is AVON VALLEY RAILWAY HERITAGE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net outgoing resource of £72,420 for the year, resulting in a negative free reserve position of £50,722. The trustees acknowledge that reserves are below the desired level of £50,000 to £70,000 and are working to restore them. Despite a fraudulent loss of approximately £40,500, the trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 30/03/2006 | £5k | "A Railway Heritage Trust Will Organise An Education Project For Schools Which Involves Taking Part In A Second World War 'Evacuation Experie" |
| The National Lottery Community Fund | 30/03/2006 | £5k | education project |
| The National Lottery Heritage Fund | 09/05/2005 | £427 | "The Avon Valley Railway Heritage Trust In Britain Will Use An Award To Hold A Special World War Two Commemoration Weekend On The 9th And 10t" |
| The National Lottery Community Fund | 09/05/2005 | £7k | World War Two Celebration |