EAST SOMERSET SOCIETY OF MODEL AND EXPERIMENTAL ENGINEERS (LTD)
Design, building and upkeep of the railway's infrastructure. Construction and maintenance of various locomotive types and rolling stock. Educational talks for members. Education and training of young people in the building and running the railway. Public running days for members of the public. Open Weekends for members of other model engineering societies.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net surplus of £2,330 for the year, with total income of £27,063 against expenditure of £24,733. Per the trustees' report, unrestricted reserves stood at £34,662, which exceeds the stated policy target of three months' operating costs. The independent examiner confirmed no material matters required attention in the examination of the accounts.
What the accounts disclose
“The trustees aim to maintain reserves sufficient to cover three months operating costs to ensure financial stability and the ability to continue activities in unforeseen circumstances.”
Trustees
- Alan Leslie Hutfield
- Gavin James Lang
- George White
- Graham Hayman
- Kevin John Grimes
- Simon Neath
- Stuart Graham Bond
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £27k | £25k |
| 31/03/2024 | £24k | £23k |
| 31/03/2023 | £24k | £26k |
| 31/03/2022 | £16k | £9k |
| 31/03/2021 | £10k | £5k |
Common questions
Is EAST SOMERSET SOCIETY OF MODEL AND EXPERIMENTAL ENGINEERS (LTD) financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net surplus of £2,330 for the year, with total income of £27,063 against expenditure of £24,733. Per the trustees' report, unrestricted reserves stood at £34,662, which exceeds the stated policy target of three months' operating costs. The independent examiner confirmed no material matters required attention in the examination of the accounts. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 19/10/2005 | £5k | The Bath and West Railway |