YORKSHIRE DALES RAILWAY MUSEUM TRUST (HOLDINGS) LIMITED
OPERATES WORKING STEAM RAILWAY MUSEUM
Objects
(3) TO ADVANCE THE EDUCATION OF THE PUBLIC WITH REGARD TO THE RAILWAYS OF BRITAIN IN PARTICULAR BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING BY:(3.1) RESTORING, MAINTAINING AND OPERATING THE RAILWAY ALONGSIDE A MUSEUM ON LAND FORMERLY OCCUPIED BY THE SKIPTON AND ILKLEY RAILWAY OF 1888, THE YORKSHIRE DALES RAILWAY OF 1902, AND LATTERLY BY BRITISH RAILWAYS, OR PARTS THEREOF;(3.2) ESTABLISHING AND MAINTAINING A MUSEUM FOR ITEMS OF HISTORIC RAILWAY INTEREST AND THE PERMANENT DISPLAY AND DEMONSTRATION OF THE MUSEUM'S EXHIBITS FOR THE BENEFIT OF THE PUBLIC;(3.3) EDUCATING THE PUBLIC IN ENGINEERING AND TECHNOLOGY PARTICULARLY WITH REFERENCE` TO THE RAILWAYS.
Financial health, per its FY2025 accounts
The accounts state that the charity held no free unrestricted reserves at year-end, with unrestricted funds of £1,150,822 entirely represented by fixed assets not readily available for expenditure. The trustees are actively monitoring cash flow and seeking to build up unrestricted reserves through future events, while noting that reserves policy targets have not been maintained throughout the year. Despite a disclaimer of opinion on the financial statements due to fixed asset record-keeping issues, the trustees maintain a going concern basis with sufficient resources for the foreseeable future.
What the accounts disclose
“Train Services 3,674,682” — page 13
“Fund raising activities 319,664” — page 13
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six-month’s expenditure.” — page 5
“Because of the significance of the matter described in the basis for disclaimer of opinion section of our report, we have not been able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion on these Consolidated Financial Statements” — page 10
“Remuneration of £52,589 was paid to Mr Shaw's company RJS Media Ltd specifically for Website services.” — page 7
“Remuneration of £21,040 was paid to Mr Ferguson's company Moorland Design and Consultancy Limited for operations management.” — page 7
“Remuneration of £52,589 was paid to Mr Shaw's company RJS Media Ltd specifically for Website services.” — page 7
“Remuneration of £21,040 was paid to Mr Ferguson's company Moorland Design and Consultancy Limited for operations management.” — page 7
“Remuneration of £52,589 was paid to Mr Shaw's company RJS Media Ltd specifically for Website services.” — page 7
“Remuneration of £21,040 was paid to Mr Ferguson's company Moorland Design and Consultancy Limited for operations management.” — page 7
“The charity has one wholly owned subsidiary, The Embsay Steam Railway Trading Company Limited.” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- 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
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/01/2025)
Trustees
- Daniel James Fergusonchair
- John Nicholas Beesley
- Malcolm Brian Harrison
- Michael David Edwards
- Michael John Ball
- NEIL HUBBS
- ROBERT SHAW
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £4.2m | £3.8m |
| 31/01/2024 | £3.1m | £2.9m |
| 31/01/2023 | £1.6m | £1.6m |
| 31/01/2022 | £1.2m | £1.1m |
| 31/01/2021 | £608k | £552k |
Common questions
Is YORKSHIRE DALES RAILWAY MUSEUM TRUST (HOLDINGS) LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity held no free unrestricted reserves at year-end, with unrestricted funds of £1,150,822 entirely represented by fixed assets not readily available for expenditure. The trustees are actively monitoring cash flow and seeking to build up unrestricted reserves through future events, while noting that reserves policy targets have not been maintained throughout the year. Despite a disclaimer of opinion on the financial statements due to fixed asset record-keeping issues, the trustees maintain a going concern basis with sufficient resources for the foreseeable future. Its FY2025 accounts were audited by Walkers Accountants Limited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 24/08/2020 | £42k | "COVID19 Yorkshire Dales Railway Museum Trust" |
| The National Lottery Heritage Fund | 19/08/2004 | £5k | "The Group Operate A Heritage Railway In The Craven Area Of North Yorkshire. They Will Use The Award To Re Build Two Midland Railway Wooden" |
| The National Lottery Community Fund | 19/08/2004 | £5k | There is no project name available for this record |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LIZ AND TERRY BRAMALL FOUNDATION | 1 | £40k |
Charities like this
- North Yorkshire Moors Railway Trust
- VALE OF RHEIDOL RAILWAY LIMITED
- STATFOLD NARROW GAUGE MUSEUM TRUST LTD
- KEIGHLEY & WORTH VALLEY RAILWAY PRESERVATION SOCIETY LIMITED
- SOUTH YORKSHIRE TRANSPORT MUSEUM LTD
- CHINNOR AND PRINCES RISBOROUGH RAILWAY ASSOCIATION LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| YORKSHIRE DALES RAILWAY MUSEUM TRUST (HOLDINGS) LIMITED | £4.2m | — | 0 | unclear | 7.6% | no doubt |
| North Yorkshire Moors Railway Trust | £9.8m | — | — | below | — | no doubt |
| VALE OF RHEIDOL RAILWAY LIMITED | £2.1m | — | — | unclear | — | no doubt |
| STATFOLD NARROW GAUGE MUSEUM TRUST LTD | £3.2m | — | 0 | unclear | — | noted |
| KEIGHLEY & WORTH VALLEY RAILWAY PRESERVATION SOCIETY LIMITED | £4.2m | — | 0 | above | — | no doubt |
| SOUTH YORKSHIRE TRANSPORT MUSEUM LTD | £108k | — | 0 | above | — | no doubt |