EAST MIDLANDS TRANSPORT HERITAGE TRUST
To preserve,operate and exhibit for the public benefit, for educational and instructional purposes, and to stimulate and encourage interest in all kinds of railway transportation systems, vehicles and equipment to foster and support railway preservation and to raise funds for and to acquire or to assist in acquiring railway engines, rolling stock, ancillary and other equipment, and buildings.
Objects
(a) The advancement of education for the public benefit through the operation of a living transport museum. (b) The advancement of heritage by the preservation and operation for the public benefit of the historical railway known as Great Central Railway Nottingham. (c) The advancement of transport heritage through the engineering and demonstration of scale models of rail transport. (d) The advancement of heritage by the preservation and operation for the public benefit of road transport in the East Midlands including the preservation, conservation, maintenance, repair and demonstration of heritage buses and other road transport. (e) The advancement of citizenship and community development for all ages, backgrounds and ethnicities through the promotion of volunteering, learning and training including training and development in heritage skills. (f) The advancement of conservation of the flora, fauna and species within the Charity?s lineside estate, including designated areas of special scientific interest forming part of that estate.
Financial health, per its FY2026 accounts
The charity reported a net income of £153,657 for the year ended 31 January 2026, driven largely by a merger with the LNER (GC) Heritage Trust which contributed £267,717 in assets. Unrestricted funds increased to £469,286, well above the trustees' internal threshold of £40,000 for grant provision, indicating strong liquidity. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The trustees have agreed that if cash reserves fall below £40,000, the Charity will not provide any grants.”
“The Trustees made the strategic move for the charity to become the majority shareholder of the Great Central Railway Nottingham Limited (GCRN) who manage the Ruddington site.” — page 4
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/01/2026
- Volunteers: 10
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/01/2025
- Volunteers: 10
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/01/2024
- Volunteers: 10
- Has a trading subsidiary
- Grant-making is its main activity
Corporate structure
- Registered company of the charity Companies House 02481338 · Financial health read from its filings
- Trading subsidiary: GREAT CENTRAL RAILWAY (NOTTINGHAM) LIMITED Companies House 04277779 · Financial health read from its filings
Company officers (Companies House)
- SHARPE, Karen on trustee list
- FILLINGHAM, Andrew Phillip on trustee list
- GREENWELL, Lawrence on trustee list
- KIRKBRIDE, Roger Edward Howard on trustee list
- ROE, Martin on trustee list
- BAINES, Clive Ian on trustee list
- MORLEY, Peter Thomas on trustee list
- RAE, David Cameron, Professor on trustee list
- FRECKELTON, Malcolm on trustee list
- MORLEY, Peter Thomas
Trustees
- Professor David Cameron Raechair
- Andrew Fillingham
- Clive Ian Baines
- Karen Sharpe
- Lawrence Greenwell
- MALCOLM FRECKELTON
- Martin Roe
- Peter Thomas Morley
- Roger Kirkbride
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2026 | £346k | £198k |
| 31/01/2025 | £19k | £138k |
| 31/01/2024 | £30k | £67k |
| 31/01/2023 | £51k | £26k |
| 31/01/2022 | £33k | £31k |
Common questions
Is EAST MIDLANDS TRANSPORT HERITAGE TRUST financially healthy?
Per its FY2026 accounts: The charity reported a net income of £153,657 for the year ended 31 January 2026, driven largely by a merger with the LNER (GC) Heritage Trust which contributed £267,717 in assets. Unrestricted funds increased to £469,286, well above the trustees' internal threshold of £40,000 for grant provision, indicating strong liquidity. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2026 accounts were independently examined.
Who funds EAST MIDLANDS TRANSPORT HERITAGE TRUST?
Funders whose own accounts filings name EAST MIDLANDS TRANSPORT HERITAGE TRUST as a grant recipient include THE DAVID CLARKE RAILWAY TRUST.
Shared trustees with funders
- MALCOLM FRECKELTON — trustee here and at THE DAVID CLARKE RAILWAY TRUST
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE DAVID CLARKE RAILWAY TRUST | FY2025 | £10k | Grants to subsidiary undertaking |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WATES FAMILY ENTERPRISE TRUST | 1 | £500 |
Charities like this
- LNER (GC) HERITAGE TRUST
- MIDLAND RAILWAY TRUST LIMITED
- THE EAST ANGLIA TRANSPORT MUSEUM SOCIETY LIMITED
- EAST KENT RAILWAY TRUST
- WEST SOMERSET RAILWAY HERITAGE TRUST LTD
- BODMIN RAILWAY HERITAGE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| EAST MIDLANDS TRANSPORT HERITAGE TRUST | £346k | — | — | unclear | — | no doubt |
| LNER (GC) HERITAGE TRUST | £24k | — | 0 | unclear | — | no doubt |
| MIDLAND RAILWAY TRUST LIMITED | £615k | — | 0 | unclear | — | noted |
| THE EAST ANGLIA TRANSPORT MUSEUM SOCIETY LIMITED | £318k | — | — | unclear | — | no doubt |
| EAST KENT RAILWAY TRUST | £79k | — | — | unclear | — | no doubt |
| WEST SOMERSET RAILWAY HERITAGE TRUST LTD | £88k | — | 0 | unclear | — | no doubt |