LLANGOLLEN RAILCARS LTD
The charity's objects are to acquire, protect, preserve, restore, maintain, house, operate and supply Diesel Multiple Units (Railcars) for the benefit of the public. To operate Diesel Multiple Units (Railcars) on the Llangollen Railway or such other railways the Charity may from time to time decide for the benefit of the public.
Objects
ARE THE PRESERVATION, MAINTENANCE AND OPERATION OF DIESEL MULTIPLE UNITS (RAILCARS) FOR THE PUBLIC BENEFIT ON THE LLANGOLLEN RAILWAY OR SUCH OTHER RAILWAYS AS THE CHARITY MAY FROM TIME TO TIME DECIDE AND TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE HISTORY OF SUCH RAILCARS BY SUCH MEANS AS THE TRUSTEES DEEM FIT.
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a net profit of £9,763.96, resulting in unrestricted funds of £277,646. The trustees report that the charity's policy is to maintain unrestricted funds equivalent to three to six months of expenditure, a level which has been maintained throughout the year. The trustees confirm they have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The Charity's policy is to maintain unrestricted funds of between three and six months’ expenditure in cash or equivalents” — page 6
“There were no donations made to the company by Trustees.{(2023 Dr J Joyce £180)” — page 17
Policies the charity declares
- Bullying and harassment policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Adam Boddy
- Andrew James Lowe
- Dewi Hywel Davies
- George Edward Graham Fletcher
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2025 | £38k | £31k |
| 30/11/2024 | £43k | £33k |
| 30/11/2023 | £46k | £45k |
| 30/11/2022 | £51k | £39k |
| 30/11/2021 | £24k | £26k |
Common questions
Is LLANGOLLEN RAILCARS LTD financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the year with a net profit of £9,763.96, resulting in unrestricted funds of £277,646. The trustees report that the charity's policy is to maintain unrestricted funds equivalent to three to six months of expenditure, a level which has been maintained throughout the year. The trustees confirm they have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.