TALYLLYN HOLDINGS LIMITED

Registered charity 1089053 · accounts filings on the Charity Commission register

Supporting the Preservation of the Talyllyn Railway as a going concern.

Causes: Education/training · Environment/conservation/heritage · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£2.5m
Latest spending
£2.1m
Registered
2001
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that net assets increased to £4,208,048, with free reserves of £1,201,527 held above the stated policy target of £400,000–£600,000. While the operating subsidiary reported a deficit, the charity offset this with significant philanthropic income, including legacies, allowing it to maintain a strong cash position and adequate reserves.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: £400,000 to £600,000 (held: £1.2m)
“The agreed reserve policy for 2024/25 was to have available a minimum of £400,000 to £600,000 in unrestricted funds.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donation from controlling party
“During this year the group received a donation from The Talyllyn Railway Preservation Society of £75,000 (2024: £nil). At the balance sheet date, amounts due from The Talyllyn Railway Preservation Society was £13,129 (2024: £6,296). Amounts of £55,788 (2024: £43,063) was remunerated to the close family members of one of the Trustees, in their capacity as employees on the Railway.” — page 45
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by BHP LLP. Discloses 5 of 6 completeness components.

Corporate structure

Public fundraising profile: JustGiving — Talyllyn Railway (matched by registered charity number).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

6 registered titles in England and Wales held by the charity’s company or corporate body (6 freehold); recorded price paid £360k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/01/2025)

Total income
£2.5m
Total spending
£2.1m
Cost of raising funds
£635k
Reserves (reported)
£3.9m
Employees
44

Reported reserves equal ~22.8 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, cost of raising funds: 25.3% of total income — in the top quarter for charities its size (median 5.2%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Gwynedd

Income and spending

Financial year endIncomeSpending
31/01/2025£2.5m£2.1m
31/01/2024£1.9m£1.9m
31/01/2023£2.2m£1.7m
31/01/2022£1.8m£1.4m
31/01/2021£1.3m£1.0m

Common questions

Is TALYLLYN HOLDINGS LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that net assets increased to £4,208,048, with free reserves of £1,201,527 held above the stated policy target of £400,000–£600,000. While the operating subsidiary reported a deficit, the charity offset this with significant philanthropic income, including legacies, allowing it to maintain a strong cash position and adequate reserves. Its FY2025 accounts were audited by BHP LLP.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund30/01/2026£324kPreserving our Past Building our Future
The National Lottery Heritage Fund08/09/2022£3.8m"Talyllyn Railway: Preserving Our Past Building Our Future"
The National Lottery Heritage Fund10/08/2020£46k"COVID19: Talyllyn Holdings Limited"
The National Lottery Community Fund17/12/2012£5kAbergynolwyn Play Area - Provision of Equipment

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 SOUTH TYNEDALE RAILWAY PRESERVATION SOCIETY.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
TALYLLYN HOLDINGS LIMITED£2.5m—0unclear—no doubt
SOUTH TYNEDALE RAILWAY PRESERVATION SOCIETY FY2025£297k—0unclear—no doubt
WELSHPOOL AND LLANFAIR LIGHT RAILWAY PRESERVATION CO. LIMITED FY2025£1.2m—0above—no doubt
THE FFESTINIOG AND WELSH HIGHLAND RAILWAYS TRUST (YMDDIRIEDOLAETH RHEILFFYRDD FFESTINIOG AC ERYRI) FY2025£11.9m—0unclear—no doubt
WESTERN LOCOMOTIVE ASSOCIATION LIMITED FY2025£191k—0unclear—no doubt
RAILWAY PATHS LIMITED FY2025£2.5m£60,001 - £70,0003unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.