WHITWELL AND REEPHAM RAILWAY PRESERVATION SOCIETY LIMITED
The charitable company's objectives and activities are:-The preservation and conservation for the benefit of the public of the historic Whitwell Station, Norfolk and its surroundings, its structures, associated rolling stock and history.To advance the education of the public in the history and development of Whitwell Station, Norfolk and its surroundings.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £94,725 are held against a policy target of two years' charitable expenditure. While the charity reported a net surplus for the year, it faces ongoing challenges regarding site ownership and lease negotiations, with the site being owned by a pension fund linked to a trustee.
What the accounts disclose
“The trustees have decided to hold sufficient unrestricted reserves to meet two years of charitable expenditure.” — page 3
“In addition a further two trustees provided services to the subsidiary company and were paid a total of £29800 in the year.” — page 17
“During the year the charitable company received donations of £Nil (2024: £3,000) from its subsidiary company, WRR Leisure Ltd. At the balance sheet date the amount due to WRR Leisure Ltd was £12,529 (2024 : £12,529). The loan is interest-free and there are no formal repayment terms. However the intention is that this will be repaid when funds permit.” — page 17
“At the balance sheet date the amount due to Mr M F Urry was £44,034 (2024: £44,034). The loan is interest-free and there are no formal repayment terms in place. However the intention is that this will be repaid when funds permit.” — page 17
“During the year the charitable company received donations of £Nil (2024: £3,000) from its subsidiary company, WRR Leisure Ltd. At the balance sheet date the amount due to WRR Leisure Ltd was £12,529 (2024 : £12,529). The loan is interest-free and there are no formal repayment terms. However the intention is that this will be repaid when funds permit.” — page 17
“At the balance sheet date the amount due to Mr M F Urry was £44,034 (2024: £44,034). The loan is interest-free and there are no formal repayment terms in place. However the intention is that this will be repaid when funds permit.” — page 17
“During the year the charitable company received donations of £Nil (2024: £3,000) from its subsidiary company, WRR Leisure Ltd. At the balance sheet date the amount due to WRR Leisure Ltd was £12,529 (2024 : £12,529). The loan is interest-free and there are no formal repayment terms. However the intention is that this will be repaid when funds permit.” — page 17
“At the balance sheet date the amount due to Mr M F Urry was £44,034 (2024: £44,034). The loan is interest-free and there are no formal repayment terms in place. However the intention is that this will be repaid when funds permit.” — page 17
“The investment is in the charitable company's subsidiary, WRR Leisure Ltd.” — page 14
Trustees
- MICHAEL FREDERICK URRYchair
- DAWN URRY
- Lesley Turner
- Phil Stead
- Richard John Bailey
- Robert Ewles
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £57k | £50k |
| 30/06/2024 | £49k | £63k |
| 30/06/2023 | £61k | £46k |
| 30/06/2022 | £66k | £55k |
| 30/06/2021 | £113k | £77k |
Common questions
Is WHITWELL AND REEPHAM RAILWAY PRESERVATION SOCIETY LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves of £94,725 are held against a policy target of two years' charitable expenditure. While the charity reported a net surplus for the year, it faces ongoing challenges regarding site ownership and lease negotiations, with the site being owned by a pension fund linked to a trustee. Its FY2025 accounts were independently examined.