WESTERN LOCOMOTIVE ASSOCIATION LIMITED
the preservation, maintenance and operation in working order of its locomotives D1013 Western Ranger and D1062 Western Courier, so far as reasonably practicable, in a condition authentic to their service on British railways as museum exhibits and to advance the education of the public in the history of the said locomotives
Objects
The preservation, maintenance and operation in working order of its locomotives D1013 Western Ranger, D1048 Western Lady, D1062 Western Courier, and any other locomotive of the Western locomotive class that the Charity may purchase or acquire, so far as reasonably practicable, in a condition authentic to their service on British Railways as museum exhibits and to advance the education of the public in the history of the said locomotives.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a record income of £191,223 and held substantial cash reserves of £263,000 at year-end. Per the trustees' report, the charity maintains a policy of holding at least £10,000 in financial reserves, a target it significantly exceeds with free reserves of £422,273. The trustees confirmed adequate resources for future operations, indicating strong financial stability.
What the accounts disclose
“It is the policy of the charity to hold financial reserves of at least £10,000 at all times.” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- DARREN MICHAEL SHELMERDINE
- Ian Clayton
- ROGER STIRLING SMITH
- WILLIAM PAUL FINCH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £191k | £74k |
| 30/09/2024 | £87k | £48k |
| 30/09/2023 | £81k | £31k |
| 30/09/2022 | £59k | £27k |
| 30/09/2021 | £49k | £32k |
Common questions
Is WESTERN LOCOMOTIVE ASSOCIATION LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a record income of £191,223 and held substantial cash reserves of £263,000 at year-end. Per the trustees' report, the charity maintains a policy of holding at least £10,000 in financial reserves, a target it significantly exceeds with free reserves of £422,273. The trustees confirmed adequate resources for future operations, indicating strong financial stability. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 29/04/2005 | £46k | "D1062 Western Courier Overhaul" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £3k |
Charities like this
- CHINNOR AND PRINCES RISBOROUGH RAILWAY ASSOCIATION LIMITED
- WELSHPOOL AND LLANFAIR LIGHT RAILWAY PRESERVATION CO. LIMITED
- GREAT WESTERN SOCIETY LIMITED
- PHYLLIS RAMPTON NARROW GAUGE RAILWAY TRUST
- WEST SOMERSET RAILWAY HERITAGE TRUST LTD
- BRESSINGHAM STEAM PRESERVATION COMPANY LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WESTERN LOCOMOTIVE ASSOCIATION LIMITED | £191k | — | 0 | unclear | — | no doubt |
| CHINNOR AND PRINCES RISBOROUGH RAILWAY ASSOCIATION LIMITED | £200k | — | 0 | above | — | no doubt |
| WELSHPOOL AND LLANFAIR LIGHT RAILWAY PRESERVATION CO. LIMITED | £1.2m | — | 0 | above | — | no doubt |
| GREAT WESTERN SOCIETY LIMITED | £3.9m | — | 0 | below | — | no doubt |
| PHYLLIS RAMPTON NARROW GAUGE RAILWAY TRUST | £2.3m | — | — | unclear | — | no doubt |
| WEST SOMERSET RAILWAY HERITAGE TRUST LTD | £88k | — | 0 | unclear | — | no doubt |