MOSELEY RAILWAY TRUST
The trust operates the Apedale Valley Light Railway and is developing a narrow gauge railway museum at Apedale Heritage Centre, Chesterton, Staffordshire.
Objects
TO ADVANCE THE EDUCATION OF THE PUBLIC BY THE PRESERVATION, RESTORATION, DISPLAY AND OPERATION OF NARROW GAUGE RAILWAY EQUIPMENT, MACHINERY AND RELICS OF HISTORICAL, SCIENTIFIC OR TECHNICAL INTEREST.
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a surplus of £11,161 for the year ended 31 December 2024, with total incoming resources of £259,985 and resources expended of £67,328. The trustees confirm that the company will continue to trade, relying on the continued support of its members to maintain this going concern status. Net assets increased to £828,175, driven largely by deferred capital grants and retained reserves.
What the accounts disclose
“The company’s financial policy is for its Income and Expenditure Account, under normal circumstances, to at least break even.” — page 3
“In preparing the financial statements it has been assumed that the company will continue to trade. The validity of this statement is dependent on the continued support of its members, who have indicated that they will continue to support the company.” — page 10
“Moseley Railway Trust works closely with the Apedale Heritage Centre (Registered Charity No 1072104) to develop the Apedale site and the Country Park within which they are both located. To this end a jointly owned company, Bugsworth Navigation Ltd., was set up to acquire land to be leased to the two charities.” — page 2
“The company has a wholly owned subsidiary company, Apedale Valley Light Railway Ltd. This company carries on commercial activities such as special events and sales of souvenirs and donates its profits to its parent.” — page 2
“Moseley Railway Trust works closely with the Apedale Heritage Centre (Registered Charity No 1072104) to develop the Apedale site and the Country Park within which they are both located. To this end a jointly owned company, Bugsworth Navigation Ltd., was set up to acquire land to be leased to the two charities.” — page 2
“The company has a wholly owned subsidiary company, Apedale Valley Light Railway Ltd. This company carries on commercial activities such as special events and sales of souvenirs and donates its profits to its parent.” — page 2
“The company has a wholly owned subsidiary company, Apedale Valley Light Railway Ltd. This company carries on commercial activities such as special events and sales of souvenirs and donates its profits to its parent.” — page 2
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
Property (HM Land Registry)
Trustees
- ADAM FORGHAM FERRINGTON
- Dr JOHN ARTHUR SELWYN ROWLANDS
- Dr Michael David Salt
- Jonathon Paul Sharman
- RICHARD DAVID GREY
- SIMON ROBERT LOMAX
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £272k | £242k |
| 31/12/2023 | £81k | £67k |
| 31/12/2022 | £97k | £69k |
| 31/12/2021 | £65k | £61k |
| 31/12/2020 | £91k | £178k |
Common questions
Is MOSELEY RAILWAY TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved a surplus of £11,161 for the year ended 31 December 2024, with total incoming resources of £259,985 and resources expended of £67,328. The trustees confirm that the company will continue to trade, relying on the continued support of its members to maintain this going concern status. Net assets increased to £828,175, driven largely by deferred capital grants and retained reserves. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 12/03/2018 | £10k | "Fire power! How the artillery used light railways" |
| The National Lottery Heritage Fund | 29/02/2016 | £10k | "The power of the horse: Industrial narrow gauge railways and First World War logistics" |
| The National Lottery Heritage Fund | 30/05/2014 | £9k | "Industrial railway trail - display track and viewing area" |